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*fingers crossed that bitcoin becomes popular in 2012 so mining stays viable*
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Friday, 06-Apr-12 18:27:41 UTC from web
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@scribus lolno, I'm happy enough with a digital currency that dosen't track who you are and who you do business with and take advantage of it's position and arbitrarilly block transactions and freeze funds and that can't be controlled . . That all :D
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@jdaapplesy what can you even use bitcoins for?
Friday, 06-Apr-12 18:47:17 UTC from web-
@cavatina Depending on how you're asking the question: anything can be a currency, a worth while currency is one that's in limited supply (keeps the value steady and high enough to be viable) and is widely accepted, bitcoin is dictated by programming code, everyone can see the code behind it and the math is sound, it has a limited supply, all that's left is to get it widely used through promoting it and owning bitcoins. You probably meant it more like this though: there are quite a few companies that do business with bitcoin, they can take the bitcoin and pay for their servers or whatever by exchanging the bitcoins on the currency market (the same thing you swap dollars for euros and such), the biggest uptake at the moment is in donations for website/people/organisations
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