First Overstock and now Tigerdirect begin accepting bitcoin

[vacuum]

It's starting to be picked up by major retailers.

http://www.tigerdirect.com/bitcoin

http://www.overstock.com/bitcoin

Tigerdirect announced this 45 minutes ago, and it went live 30 minutes ago.

[Ponce]

Same as in Vegas, not for the casinos but yes for the restaurants and gift shops.

To me this is like in Russia where the Zionist formed the Communist party in order to be able to collect all that had any value and be able to steal it.

V

[Ares]

Same as in Vegas, not for the casinos but yes for the restaurants and gift shops.

To me this is like in Russia where the Zionist formed the Communist party in order to be able to collect all that had any value and be able to steal it.

V

They already did that in the U.S. by creating the Federal Reserve System, outlawing gold possession for 40+ years, and placing a system in place to steal what you earn.

So I fail to see how this is like what the zionist did in Russia when they've already done it here a century ago.

[ShortJohnSilver]

Bitcoin will totally take off, once the banks or someone else, figure out how to break the linkage between bitcoins in your wallet which are held in a non-fractional manner (100% full reserve) and bank bitcoins, which will be fractional-reserved. At that point, banks will be able to do their usual tricks and Bitcoin will be "on".

[Ares]

Bitcoin will totally take off, once the banks or someone else, figure out how to break the linkage between bitcoins in your wallet which are held in a non-fractional manner (100% full reserve) and bank bitcoins, which will be fractional-reserved. At that point, banks will be able to do their usual tricks and Bitcoin will be "on".

They're trying to do that I have no doubt about it. We'll have to be vigilante to bypass that type of system. Bitcoin is a tool, it can be used how humans have used tools for thousands of years. They always cut both ways.

EDIT: I had just read an article on Bitcoin about the implications of money without government. This part really stood out and I wanted to post it here but without starting a new thread.


The bitcoin network cannot be separated from the bitcoin monetary unit and if the central bank, or the Federal Reserve in the United States, provided an important function, bitcoin would be unnecessary.

Carried through to its ultimate conclusion, the bitcoin unit competes with the government’s unit in a modern version of Hayekian currency competition.

More importantly, bitcoin is money without government: just as one cannot separate the bitcoin network from the bitcoin monetary unit, one cannot separate the bitcoin network effect from its central banking implications.

Source: http://www.coindesk.com/bitcoin-money-without-government/