Allowing customers to buy bitcoins and withdraw them is not materially different from GoldMoney’s current business of allowing customers to buy gold and take physical possession. After all, the customers own title to the gold and can take possession at will (perhaps to only a specific...
, buying a Bitcoin (Money Over Internet Protocol) is like buying stock in the Internet, Email or VOIP. Imagine if you could have bought stock in HTTP (Hyper Text Transfer Protocol), SMTP (Simple Mail Transfer Protocol) or VOIP (Voice Over Internet Protocol) and you received value ever...
European Central Bank wrote a 55 page report on Bitcoin for a reason. Are you in favor of being able to easily integrate with a censorship-resistant currency so you can support the charities and businesses that are or may be politically or economically persecuted? Well, James Turk is ...
: I will bring up something a little bit more fundamental. First of all, I recognize the points that you are making and I do think that preventing the double spend is a brilliant advancement in the nature of currency. … Where I have issues is that Bitcoin is not a tangible asset . If ...