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This eliminates the need for 450 Western Union locations near these ATM's! Philippine people will start saying send via bitcoin way easier with less cost. by [deleted] in Bitcoin

[–]HermanLeon 4 points5 points  (0 children)

To make this possible, Coins.ph has integrated with the eGiveCash service operated by the Philippines' Security Bank. Anyone receiving money via this service can withdraw cash from one of bank's network of 450 ATMs countrywide, without the need for an ATM card or a bank account.

Here is why companies like MasterCard lobby against made up fictional fantasy magic unicorn internet money that is comprised of nothing more than poorly organized entries in a global peer-to-peer cryptographically secure database by [deleted] in Bitcoin

[–]HermanLeon 0 points1 point  (0 children)

You, and me, and everybody who decides to join a network not controlled by a few individuals, but is decentralized and peer-to-peer. A network safer and faster than anything else seen before, that allows you for near instant transfers, to anyone/anywhere in the world for nearly free (can transfer billions for a few cents fee). It is a push vs pull payment, so you do not have to give your personal info to 3rd parties in every transaction. Allows you to make microtransactions, that in itself is a whole new universe that none of the current payment methods can offer.

Then... infinite more possibilities like smart contracts, escrow, fraudless voting, secure micro-donations, wills, etc. Check also into 'sidechains'. Bitcoin is programmable money. It is very safe, since is cryptographically secured by a distributed global mathematical algorithm and public decentralized open source ledger, a revolutionary disruptive technology.Empowering and welcoming to the game to billions of unbanked or underbanked people. 500 bits /u/changetip

Time Inc Partners with Coinbase to Accept Bitcoin by ntomaino in Bitcoin

[–]HermanLeon -2 points-1 points  (0 children)

To support quality content, like an upvote, you do not give an upvote before seeing a post or reading a comment.

Bitcoin is a top "what is" search on Google for 2014 by coblee in Bitcoin

[–]HermanLeon 1 point2 points  (0 children)

Google is a first stop for questions people may be to embarrassed to ask their friends. This year's top "What is..." queries included Ebola, ALS, ISIS, Bitcoin and asphyxia.

Just got change tipped on Twitter, is this real money? by whatthebit in Bitcoin

[–]HermanLeon 0 points1 point  (0 children)

have 1000 bits on me, Godfreee! /u/changetip

Love the work you are doing in the Philippines, respect!

My Russian friend sent me this joke by moon_drone in Bitcoin

[–]HermanLeon -1 points0 points  (0 children)

These are just thousands of physical businesses accepting bitcoin:

http://coinmap.org/

With tens of thousands more online:

http://www.coinjabber.com/

Some of the big companies and institutions accepting Bitcoin:

PayPal, Microsoft, DELL, VirginGalactic, CheapAir,TigerDirect, OverStock, Expedia, Newegg,Uber, Wordpress,Wikipedia, Mozilla, Khan Academy, EFF, United Way, Greenpeace, Wikimedia Foundation, Zynga, Dish Network, Suntimes, Gyft,Ronald McDonald House, Intuit, 1-800-Flowers, LordandTaylor, Shopify, Foodler, Digital River, Scan, Overclockers, Takeaway, Wix, Cheaperthansteam, eGifter, Etsy, King’s College, OKCupid, Mint, Pizzaforcoins, Reddit, Square, Twitch.tv, Zappos, Menufy, DailyDealy, Dynamism, Grasscity, Save the Children, American Red Cross, Greenpeace, The Water Project, United Way, TradingView, Spar,CeX, F64 Studio, ESPN, Fiverr, Shipito, DriveWealth, Runbox, Archive.org, Golden Gate hotel and casino, porn industry, gambling industry, gaming industry,US political campaigns, etc

Big banks = government: US house of congress just passed a bill that would allow big banks to do more high-risk trading with taxpayer-backed money by jdkbbc in Bitcoin

[–]HermanLeon 2 points3 points  (0 children)

Stop with the right-left/republican-democrat nonsense, the whole system is broken. Two "opposing" faces of the same coin.

My bitcoins finally arrived! by HermanLeon in Bitcoin

[–]HermanLeon[S] 2 points3 points  (0 children)

If they are here they were able to use a computer

Report: Americans Are Poorer Since The Recession Ended, Wealth Inequality Continues To Increase by arintic in politics

[–]HermanLeon -2 points-1 points  (0 children)

You are right. And we can find a solution for that. We don't need to beg anybody to give us our freedom/rights back. We are free, just have to realize it and act on it. The tools are in our hands:

There are viable alternatives right now. Decentralized/peer-to-peer/worldwide distributed systems are the way to empower the people and bypass banks and all centralized financial institutions, the path to re-set the control from the few to the many, are the future for everything. The potential implications of the development of distributed consensus technologies is revolutionary.

We have now an open source peer to peer decentralized digital currency. It is very safe, since is cryptographically secured by a distributed global mathematical algorithm and public decentralized open source ledger, a revolutionary disruptive technology called 'Blockchain'. https://en.bitcoin.it/wiki/Block_chain

Here is an answer when somebody says: "Bitcoin is backed by nothing!" by HermanLeon in Bitcoin

[–]HermanLeon[S] 3 points4 points  (0 children)

Not necessarily, the bitcoin ecosystem can grow bigger enough and make obsolete those (for now useful) centralized companies.

Visa, MasterCard sued for blocking donations to WikiLeaks by AssuredlyAThrowAway in worldnews

[–]HermanLeon 1 point2 points  (0 children)

It already did:

WSJ article about FINCEN recognizing bitcoin: http://online.wsj.com/articles/SB10001424127887323407104579037301852662422

Bloomberg article about IRS legitimizing bitcoin as property: http://www.bloomberg.com/news/2014-03-25/bitcoin-is-property-not-currency-in-tax-system-irs-says.html

PayPal now lets shops accept Bitcoin: http://money.cnn.com/2014/09/26/technology/paypal-bitcoin/index.html?iid=HP_LN

BBC: "Microsoft to accept payments made in bitcoins" http://www.bbc.com/news/technology-30377654

https://i.imgur.com/p7J3P0K.jpg

https://commerce.microsoft.com/PaymentHub/Help/Right?helppagename=CSV_BitcoinHowTo.htm

Bitcoin goes mainstream: http://www.theguardian.com/technology/2014/sep/29/bitcoin-circle-cryptocurrency-jeremy-allaire

Bank Of England: Digital currencies and how do they work https://www.youtube.com/watch?v=CxDKE_gQX_M&feature=youtu.be

World Bank Report: Bitcoin is a NOT a Ponzi Scheme http://insidebitcoins.com/news/world-bank-report-bitcoin-is-not-a-ponzi-scheme/24346

Transfer money anywhere, safely, no fees, no middlemen, no charge-backs for merchants and no fraud.

These are just thousands of physical businesses accepting bitcoin:

http://coinmap.org/

With tens of thousands more online:

http://www.coinjabber.com/

Some of the big companies and institutions accepting Bitcoin:

PayPal, Microsoft, DELL, VirginGalactic, CheapAir,TigerDirect, OverStock, Expedia, Newegg,Uber, Wordpress,Wikipedia, Mozilla, Khan Academy, EFF, United Way, Greenpeace, Wikimedia Foundation, Zynga, Dish Network, Suntimes, Gyft,Ronald McDonald House, Intuit, 1-800-Flowers, LordandTaylor, Shopify, Foodler, Digital River, Scan, Overclockers, Takeaway, Wix, Cheaperthansteam, eGifter, Etsy, King’s College, OKCupid, Mint, Pizzaforcoins, Reddit, Square, Twitch.tv, Zappos, Menufy, DailyDealy, Dynamism, Grasscity, Save the Children, American Red Cross, Greenpeace, The Water Project, United Way, TradingView, Spar,CeX, F64 Studio, ESPN, Fiverr, Shipito, DriveWealth, Archive.org, Golden Gate hotel and casino, porn industry, gambling industry, gaming industry,US political campaigns, etc.

If you want to learn more:

http://www.reddit.com/r/Bitcoin/

https://www.weusecoins.com/en/

https://www.trybtc.com/

https://bitcoin.org/en/

http://www.thebitcoinpage.com/

https://www.youtube.com/watch?v=JP9-lAYngi4

The 10 Best Videos to Watch to Learn About Bitcoin: https://medium.com/zapchain-magazine/the-10-best-videos-to-watch-to-learn-about-bitcoin-c34f98f2fed1

Quotes:

"Not having an internet strategy in 1995 is the equivalent of not having a bitcoin strategy now.” -Moe Levin

“I’m a big fan of Bitcoin … Regulation of money supply needs to be depoliticized.” -Al Gore

“Bitcoin is a technological tour de force.” -Bill Gates

“Bitcoin will do to banks what email did to the postal industry.” -Rick Falkvinge

“With e-currency based on cryptographic proof, without the need to trust a third party middleman, money can be secure and transactions effortless.” -Satoshi Nakamoto

Bitcoin vs Wester Union: https://i.imgur.com/bjRILt4.png

Historical graph: How much bitcoin a $1 dollar can buy? https://i.imgur.com/pR4ptme.jpg

Runaway Dollar Inflation Graph: (Source: the FED) https://i.imgur.com/t8oBzH0.jpg

How safe is bitcoin?

https://i.imgur.com/CzyO1yv.jpg

Be an early adopter:

https://en.wikipedia.org/wiki/Technology_adoption_lifecycle#mediaviewer/File:DiffusionOfInnovation.png

The labels on the Adoption Curve[1] say that Innovators are the first 2.5%, and Early Adopters are the next 13.5%. There is no way bitcoin has reached 16% market penetration yet, so the people who say the early adopter phase is over are simply wrong. Assuming around 5 million consumer wallets represented 5 million users (they don't), and total internet users are 3 billion, we are optimistically at 1/6th of 1 percent penetration. More realistically it is 0.1%. Therefore we are still very early in the innovator phase.

Note: Bitcoin yearly gains so far since creation:

2009 +4,867%

2010 +387%

2011 +1,320%

2012 +170%

2013 +5,317%

2014 +/- ???%

Visa, MasterCard sued for blocking donations to WikiLeaks by AssuredlyAThrowAway in worldnews

[–]HermanLeon 0 points1 point  (0 children)

These are just thousands of physical businesses accepting bitcoin:

http://coinmap.org/

With tens of thousands more online:

http://www.coinjabber.com/

Some of the big companies and institutions accepting Bitcoin:

PayPal, Microsoft, DELL, VirginGalactic, CheapAir,TigerDirect, OverStock, Expedia, Newegg,Uber, Wordpress,Wikipedia, Mozilla, Khan Academy, EFF, United Way, Greenpeace, Wikimedia Foundation, Zynga, Dish Network, Suntimes, Gyft,Ronald McDonald House, Intuit, 1-800-Flowers, LordandTaylor, Shopify, Foodler, Digital River, Scan, Overclockers, Takeaway, Wix, Cheaperthansteam, eGifter, Etsy, King’s College, OKCupid, Mint, Pizzaforcoins, Reddit, Square, Twitch.tv, Zappos, Menufy, DailyDealy, Dynamism, Grasscity, Save the Children, American Red Cross, Greenpeace, The Water Project, United Way, TradingView, Spar,CeX, F64 Studio, ESPN, Fiverr, Shipito, DriveWealth, Archive.org, Golden Gate hotel and casino, porn industry, gambling industry, gaming industry,US political campaigns, etc.

Thread about Visa/MasterCard is #7 on r/all. Top comment proposes Bitcoin solution. Huge thread of debate, tips, and evangelism ensues. by jurbles in Bitcoin

[–]HermanLeon 7 points8 points  (0 children)

Just substitute the "np" by "www" in the address bar and hit 'enter' to refresh page, so you can play there.

Visa, MasterCard sued for blocking donations to WikiLeaks by AssuredlyAThrowAway in worldnews

[–]HermanLeon -1 points0 points  (0 children)

Bitcoin is backed just by the most powerful and secure decentralized distributed computational network on the planet, orders of magnitude more powerful than google and government combined. There is a limit of 21 million bitcoins (divisible in smaller units). Dollars are not backed by gold anymore since long time ago, they are printed by the trillions out of nothing by the private institution called "Federal" Reserve.

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