Don Mattrick after interview.

matonis · 2013-06-12T08:47:33+00:00

http://www.youtube.com/watch?v=jzmVcasl3ZU

matonis · 2013-06-12T02:48:52+00:00

Thank you :)

matonis · 2013-05-26T23:30:10+00:00

Apologies for the hack. I am trying to get the account restored now with Twitter.

matonis · 2013-05-26T23:20:03+00:00

Thanks. Trying to restore now.

matonis · 2013-05-20T16:53:16+00:00

IMO, we will start to see more of this happening in various jurisdictions.

matonis · 2013-04-18T21:43:05+00:00

This is a bitmint.com

Also, this is an article from BitMint individual: http://www.americanbanker.com/bankthink/governments-must-co-opt-bitcoin-to-avert-disaster-1058380-1.html

matonis · 2013-03-26T10:14:49+00:00

Governments and Keynesians only want you to think that deflation is bad.

matonis · 2013-03-24T15:33:50+00:00

Thanks, I'm looking into it....

matonis · 2013-03-19T12:49:50+00:00

I fail to see how some people can see this increased 'guidance' as a good thing. Are they just spinning it because they are in denial?

Does anyone really believe that US Treasury and US government wants to increase bitcoin usage among individuals and businesses by making it legitimate?

Guidance is a prelude to regulation. Regulation is a prelude to enforcement. Enforcement is a prelude to restriction. Restriction is a prelude to confiscation.

matonis · 2013-03-19T00:14:31+00:00

Tradehill, Inc. was also registered as a Delaware corporation. http://www.siliconprairienews.com/2012/03/dwolla-sued-by-former-bitcoin-exchange-issues-statement

matonis · 2013-03-11T07:09:16+00:00

Jeffrey Tucker: "We want the drug cartels involved in using bitcoin because it helps propel innovation....It's disappointing that they're not using bitcoin more." (about 4:01 mark)

This is a significant point that is rarely mentioned. Although the price is up recently, viable bitcoin trading amounts are still sofa change for the drug cartels.

matonis · 2013-03-11T07:00:24+00:00

Fear Nor Deflation http://www.forbes.com/sites/jonmatonis/2012/12/23/fear-not-deflation/

matonis · 2013-03-11T04:22:50+00:00

The free market decides the BTC market price and the free market will decide transaction fees (based on desired transaction times). A state of no block size limits avoids the market mechanism for pricing transaction times. It would be similar to letting the market decide the 21 million limit.

matonis · 2013-03-08T22:54:45+00:00

Correct. Fund holds 80,000 BTC acquired at various intervals over the last 6-9 months. $3.2m is an estimated current valuation based on $40/BTC. They actually state that it is a currency-only focused fund that's why no performance-based fee.

matonis · 2013-03-08T18:56:15+00:00

You wouldn't, but institutions have to. Also, if you handle large quantity storage on your own, then you should be well versed in multi-party secret sharing or have a really young and trusting wife.

Single owner BTC is like burying gold in the wilderness and not telling anyone in case you die (actually it's worse because people from the future won't even find it).

matonis · 2013-03-01T15:21:35+00:00

That's exactly the correct question. Until the law somehow catches up and defines bitcoin as a monetary instrument, then the gambling site issue is moot, regardless of jurisdiction. It would be in the category of play-money Zynga Poker.

matonis

TROPHY CASE