There's numerous ways to answer your question. Let me take a stab at some of them:
- You want to get into bitcoin because you want to "invest" in it: Bitcoin is very volatile. Study the charts and make your investment decision just like you would when buying stock. It's extremely high risk. The way things are going there's a good chance you loose everything if you are not willing to get out with a loss. The contrary might be true as well though. Since there's no crystal ball this is a hard prediction to make. Just see all the other comments.
- You want to hoard money in bitcoin instead of a bank account: Don't do it. See above.
- You want to use bitcoin for payments: For this purpose bitcoin is fantastic. You can send bitcoin around the world in milliseconds. So buy some bitcoin worth the amount you want to pay and send it off to wherever you want to make the payment to. Remember it's not 100% anonymous though as the payment can be tracked - as mentioned in some of the other comments as well. There's a chance of governments trying to fight bitcon but we will see how successful that is. I myself run a small webpage selling digital services that accepts bitcoin (as well as paypal) and I have more than 50% of my customers paying with bitcoin. Comparing bitcoin to other crypto currencies: bitcoin has the most acceptance. I doubt that any other crypto currency will ever achieve that level of acceptance. Once exception might be if a central bank would decide to issue their own crypto currency and tie it to their FIAT currency (e.g. USD, EUR,...) in which case I think it would take off like a rocket. Chances of that actually happening though are very slim.
- You want to get into the blockchain technology: This is independent of bitcoin. Bitcoin is just one use-case for blockchain technology. The blockchain technology has high potential and I would absolutely recommend you get into the technology and become a blockchain expert. If you know the ins and outs of the technology there's probably numerous jobs for you out there.
you're screwed. Face it. This is like a spammer using your e-mail address as sender. Only with spam people know that it's a false sender. It will be a matter of time until called people recognize the fact that you can't trust caller-id unless the FCC would do something against this.
Then again if the FCC does something against it you can probably spoof caller-ID from other countries.
I wouldn't buy this phone. The technology is old. There's no 3G networks supported by it. I agree that the user-interface might LOOK nice... HOWEVER... I once had a universal remote control (Philips pronto) that was pure touch screen. In the beginning I thought it was great as you can program it the way you want it to be.
BUT I ended up hating it because you have to look at the device at all times when you use it as you don't know where the buttons are. The iphone IMHO will be painfull for daily use.
hmm... and how many US torturers have been extradited to Iraq to face punishment for crimes they actually committed on Iraq soil?
Somewhere something has gone terribly wrong....
Slashdot Mirror
- You want to get into bitcoin because you want to "invest" in it: Bitcoin is very volatile. Study the charts and make your investment decision just like you would when buying stock. It's extremely high risk. The way things are going there's a good chance you loose everything if you are not willing to get out with a loss. The contrary might be true as well though. Since there's no crystal ball this is a hard prediction to make. Just see all the other comments.
- You want to hoard money in bitcoin instead of a bank account: Don't do it. See above.
- You want to use bitcoin for payments: For this purpose bitcoin is fantastic. You can send bitcoin around the world in milliseconds. So buy some bitcoin worth the amount you want to pay and send it off to wherever you want to make the payment to. Remember it's not 100% anonymous though as the payment can be tracked - as mentioned in some of the other comments as well. There's a chance of governments trying to fight bitcon but we will see how successful that is. I myself run a small webpage selling digital services that accepts bitcoin (as well as paypal) and I have more than 50% of my customers paying with bitcoin. Comparing bitcoin to other crypto currencies: bitcoin has the most acceptance. I doubt that any other crypto currency will ever achieve that level of acceptance. Once exception might be if a central bank would decide to issue their own crypto currency and tie it to their FIAT currency (e.g. USD, EUR, ...) in which case I think it would take off like a rocket. Chances of that actually happening though are very slim.
- You want to get into the blockchain technology: This is independent of bitcoin. Bitcoin is just one use-case for blockchain technology. The blockchain technology has high potential and I would absolutely recommend you get into the technology and become a blockchain expert. If you know the ins and outs of the technology there's probably numerous jobs for you out there.
please stop calling them hackers. Anonymous are NOT hackers.
you're screwed. Face it. This is like a spammer using your e-mail address as sender. Only with spam people know that it's a false sender. It will be a matter of time until called people recognize the fact that you can't trust caller-id unless the FCC would do something against this. Then again if the FCC does something against it you can probably spoof caller-ID from other countries.
I wouldn't buy this phone. The technology is old. There's no 3G networks supported by it. I agree that the user-interface might LOOK nice ... HOWEVER ... I once had a universal remote control (Philips pronto) that was pure touch screen. In the beginning I thought it was great as you can program it the way you want it to be.
BUT I ended up hating it because you have to look at the device at all times when you use it as you don't know where the buttons are. The iphone IMHO will be painfull for daily use.
hmm... and how many US torturers have been extradited to Iraq to face punishment for crimes they actually committed on Iraq soil? Somewhere something has gone terribly wrong....