Live data from Hacker News

Japanese Can Soon Pay Their Utility Bills with Bitcoin

news.bitcoin.com

111–120 of 125 posts

Re: Japanese Can Soon Pay Their Utility Bills with Bitcoin

#111
post #49

Earlier quoted context omitted.

There are scaling solutions like lightning network being built and the blocks are not full. Also for a cup of coffee you don't need so much security so go use litecoin or something, why not.

Why wouldn't I just use some trustful centralized solution for a cup of coffee? In fact, I myself prefer to use credit card for these, where I don't actually have to trust the payment method provider, but the payment method provider trusts me to pay the bill one month later. I don't see how bitcoin can compete on this sector, except for privacy issues.

No the payment provider doesn't trust you; you gave them your identity and perhaps more as collateral. My point was that even if one wants to use a decentralized system we do not need the security that bitcoin's mining provides because for small amount we have other networks.

Re: Japanese Can Soon Pay Their Utility Bills with Bitcoin

#112
post #109

Earlier quoted context omitted.

Depends on how creative you are and how much effort you put into it. I have over $1000 in bitcoin just through using twitter and never sinking 1 penny in. I also consider what I did just playing and testing it out. I have some more serious ideas for later when I have time because I just love the concept.

.. such as posting what kind of things? Could you link said twitter account? I'm very skeptical of this because I remember changetip.

Wont link, but will say changetip was a part. Most was done through me providing something in digital form and people sending coin direct to my account number which I used to display on my twitter. Sometimes random people would just send coin to your number so I used to display it. Did not mean to imply that I just tweeted and people sent me money, although that did happen frequently enough.

Re: Japanese Can Soon Pay Their Utility Bills with Bitcoin

#113
post #99

A side note is I find it a little odd that bitcoin often gets "hate" from inside some tech circles. From a technology standpoint I was amazed because I was able to set up a wallet, set up a twitter account and get people to send me bitcoin in legal and ethical ways in a very short amount of time. People can actually tweet you "money" very easily with no hassle of setting up bank account or waiting etc. I was able to…

Hate? No, not from me. But I am wary of bitcoin advocates' desire for it to become widespread because it is an anti-democratic currency. Like all currencies, it's got assumptions baked into it (fixed supply leads to deflation, etc) that influence its spenders' lives, but unlike government-sponsored currencies, there's no way for its users to have a meaningful say in those decisions. With dollars, I get to vote regula…

> it is an anti-democratic currency

I guess that's true, but that's because there's no commons that needs to be regulated. You don't need to vote on Bitcoin because anyone can just do whatever they want with it. Your neighbor's use of it has zero effect on you. If you don't like it, you can just ignore it and use some other currency, crypto- or not-.

It's similar to spoons. Spoons aren't democratic. No one can vote to ensure that your spoons must be a certain way. Spoons are just a thing you can choose to participate in or not. I wouldn't exactly call that anti-democratic so much as there's-no-need-to-vote-because-there's-no-commons.

Re: Japanese Can Soon Pay Their Utility Bills with Bitcoin

#114
post #99

A side note is I find it a little odd that bitcoin often gets "hate" from inside some tech circles. From a technology standpoint I was amazed because I was able to set up a wallet, set up a twitter account and get people to send me bitcoin in legal and ethical ways in a very short amount of time. People can actually tweet you "money" very easily with no hassle of setting up bank account or waiting etc. I was able to…

Hate? No, not from me. But I am wary of bitcoin advocates' desire for it to become widespread because it is an anti-democratic currency. Like all currencies, it's got assumptions baked into it (fixed supply leads to deflation, etc) that influence its spenders' lives, but unlike government-sponsored currencies, there's no way for its users to have a meaningful say in those decisions. With dollars, I get to vote regula…

> With bitcoin, if I'm not happy, where do I go to have my voice heard?

https://coinmarketcap.com/

Re: Japanese Can Soon Pay Their Utility Bills with Bitcoin

#115
post #99

Earlier quoted context omitted.

Hate? No, not from me. But I am wary of bitcoin advocates' desire for it to become widespread because it is an anti-democratic currency. Like all currencies, it's got assumptions baked into it (fixed supply leads to deflation, etc) that influence its spenders' lives, but unlike government-sponsored currencies, there's no way for its users to have a meaningful say in those decisions. With dollars, I get to vote regula…

> With bitcoin, if I'm not happy, where do I go to have my voice heard? https://coinmarketcap.com/

So, if I'm not happy, I can't turn to bitcoin--but must turn to some other currency--to have my voice heard.

Which of those has policy governance accessible via a democratic process like regularly scheduled voting, or elected representatives? Do any of them?

Re: Japanese Can Soon Pay Their Utility Bills with Bitcoin

#116
post #115

Earlier quoted context omitted.

> With bitcoin, if I'm not happy, where do I go to have my voice heard? https://coinmarketcap.com/

So, if I'm not happy, I can't turn to bitcoin--but must turn to some other currency--to have my voice heard. Which of those has policy governance accessible via a democratic process like regularly scheduled voting, or elected representatives? Do any of them?

Like erikpukinskis writes, you simply vote with your feet. Because the currency is now a commodity, the miners and developers need to be keenly aware of the needs of its users to stay competitive.

https://fee.org/articles/the-nature-and-origin-of-money/

Re: Japanese Can Soon Pay Their Utility Bills with Bitcoin

#117
post #36

Here we go again, I'm learning yet another "Japan is weird/oddly advanced" thing from a non-Japanese source... I believe all Westerners want Japan to be weird and perverted. ALL of them.

Do you have any objective reason why what you said could make sense?

Re: Japanese Can Soon Pay Their Utility Bills with Bitcoin

#118
Hello there,

Kindly I address you and sincerely this is not intended as spam or self promoting but a sincere invitation to all and my passion like all free minded individuals like a lot of you no doubt learned & clearly enlightened individuals to share with those that believe in the same ideals and in the process help you make a mega fortune up to 1000% returns or more in 5 years with options to withdraw earnings monthly or yearly which you can do anonymously too I want to introduce you to Bitcoin Private Bank & Blaze Power Corporation. Lets put this in perspective. If you deposit 1BTC today with Bitcoin Private Bank you are guaranteed to earn 16.67% interest every month this is guaranteed regardless of market conditions this is the banks base interest rate you will always get this no matter what which is better than keeping Bitcoin in a non interest bearing Bitcoin wallet this revenue can also help you mitigate the ever increasing Bitcoin transfer fees & constant rate fluctuations it is also safer than cold storage because the bank stands guarantor for your funds (better than FDIC). Cold storage is not entirely safe because you can lose or corrupt the hardware, key store even a paper wallet can be lost or stolen cold storage is not a fool proof solution (read on it gets better). But for the more ambitious individual there is even greater reward when you invest rather than just banking & I will elaborate. Looking at Blaze Power market share 100% (there is no direct competitor i.e based on rate of production & service revenue from wholesale discounted power supply). The actual growth rate of Blaze Power Corporation is thus in excess of this, 1BTC investment in Blaze Power Corporation today would net you $3,000,000.00 in 5 years, that is $50,000.00 earned every month for a 1BTC investment this is not theory or speculation, ponzi or a pyramid but based on actual performance & energy market fundamentals. Obviously like any other IPO (Google, Facebook, Twitter, Microsoft including early days of Bitcoin etc) the trick is to buy as many shares as you can then watch the value of your shares grow as the company expands rapidly & watch yourself go from Bitcoin to Millionaire in a short space of time. Impossible? Well unlike Facebook, Google, Twitter or Microsoft we actually have a world changing tangible product worth trillions & a life critical & essential service (Unlimited Electricity which ironically is also the backbone of all Bitcoin mining, the major overhead & determines the difference between break even or bankruptcy in Bitcoin mining thus how can you go wrong?). What or who is Blaze Power Corporation? Well I will elaborate. I am CEO of Blaze Power Corporation. My company is here http://www.blaze-power.eu and just like Germany we have a big drive toward the eradication of the Nuclear danger & threat. We have created a revolutionary new way to create power without nuclear waste or hot fission radioactive reaction. We have invented reactive power reactor or Fueless Energy Acquisition Reactor "FEAR Tech™" as we acronym it (see the website) worth untold billions even trillions of EUR/GBP/USD whichever you prefer. You can invest in this marvelous technology with Bitcoin (or regular Bank Transfers if anonymity is of no concern to you) through a Bitcoin offshore investment bank https://www.bitcoin-bank.trade to also help raise awareness in the future of Green Energy, privacy which are all under threat. DO NOT take my word for it just read the Testimonials & see what existing clients have to say. To put this into perspective (see Bitcoin Bank) for every 1BTC you invest today you are guaranteed to have more than $30million USD in share value alone within 5 years if of course you do not sell your shares this is factoring in the rate of growth of Blaze Power Technology thus for every 1BTC or more you invest now you are a guaranteed millionaire in 5 years. Checkout both websites and have an open mind do not miss out like those caught sleeping in the early days of Microsoft when people laughed at Bill Gates when he stated that software would outsell hardware when it comes to computing, this then is one of those moments thus this is the time to get in your chance, it's not too late. Spread the word and let us make a difference business wise & conscious. Visit YouTube and keyword FUKUSHIMA danger 2016 you are also saving the world & making a big difference. You are not safe as long as Nuclear reactors still exist this is your chance to make a mega profit & save the world at the same time. Before you get skeptical take a look at what famous individuals in history said (as pointed out by a savvy investor at Bitcoin Bank) and quote:

“The horse is here to stay, but automobiles are only a novelty, a fad.” Horace Rackham, 1903

“Rock & Roll will be gone by June” Variety Magazine 1955

“Remote shopping while entirely feasible will flop” Time Magazine 1968

“Television will not last. It is a flash in the pan.” Mary Summerville 1948

“Next Christmas, the I-Pod will be dead, finished, gone, kaput.” Alan Sugar 2005

“There is no likelihood man can tap the power of the atom.” Robert Millikan, 1923

“The telephone has too many shortcomings to be seriously considered as a means of communication.” William Horton 1876

“I predict the internet will soon go spectacularly supernova and in 1996 catastrophically collapse.” Robert Metcalf 1995

“The cinema is little more than a fad.” Charlie Chaplin 1916

“The idea that calvarly will be replaced with these iron coaches is absurd.” Field Marchsall Haig, 1916 talking about the tank

“Fooling around with alternating current is just a waste of time. No one will ever use it.” Thomas Edison 1889

“I think there is a world market for maybe five computers.” — Thomas Watson, chairman of IBM, 1943.

“There is no reason anyone would want a computer in their home.” — Ken Olson, president, chairman and founder of Digital Equipment Corp., 1977.

PS*: An idea? Buy one of our Free Electricity Generators & use them to power your rigs & mine Bitcoin for free. We have the power! -- Best regards

Tony Blaze

Unlimited Power, simply exciting isn't it? http://www.blaze-power.eu

Re: Japanese Can Soon Pay Their Utility Bills with Bitcoin

#119
Hello there,

Kindly I address you and sincerely this is not intended as spam or self promoting but a sincere invitation to all and my passion like all free minded individuals like a lot of you no doubt learned & clearly enlightened individuals to share with those that believe in the same ideals and in the process help you make a mega fortune up to 1000% returns or more in 5 years with options to withdraw earnings monthly or yearly which you can do anonymously too I want to introduce you to Bitcoin Private Bank & Blaze Power Corporation. Lets put this in perspective. If you deposit 1BTC today with Bitcoin Private Bank you are guaranteed to earn 16.67% interest every month this is guaranteed regardless of market conditions this is the banks base interest rate you will always get this no matter what which is better than keeping Bitcoin in a non interest bearing Bitcoin wallet this revenue can also help you mitigate the ever increasing Bitcoin transfer fees & constant rate fluctuations it is also safer than cold storage because the bank stands guarantor for your funds (better than FDIC). Cold storage is not entirely safe because you can lose or corrupt the hardware, key store even a paper wallet can be lost or stolen cold storage is not a fool proof solution (read on it gets better). But for the more ambitious individual there is even greater reward when you invest rather than just banking & I will elaborate. Looking at Blaze Power market share 100% (there is no direct competitor i.e based on rate of production & service revenue from wholesale discounted power supply). The actual growth rate of Blaze Power Corporation is thus in excess of this, 1BTC investment in Blaze Power Corporation today would net you $3,000,000.00 in 5 years, that is $50,000.00 earned every month for a 1BTC investment this is not theory or speculation, ponzi or a pyramid but based on actual performance & energy market fundamentals. Obviously like any other IPO (Google, Facebook, Twitter, Microsoft including early days of Bitcoin etc) the trick is to buy as many shares as you can then watch the value of your shares grow as the company expands rapidly & watch yourself go from Bitcoin to Millionaire in a short space of time. Impossible? Well unlike Facebook, Google, Twitter or Microsoft we actually have a world changing tangible product worth trillions & a life critical & essential service (Unlimited Electricity which ironically is also the backbone of all Bitcoin mining, the major overhead & determines the difference between break even or bankruptcy in Bitcoin mining thus how can you go wrong?). What or who is Blaze Power Corporation? Well I will elaborate. I am CEO of Blaze Power Corporation. My company is here http://www.blaze-power.eu and just like Germany we have a big drive toward the eradication of the Nuclear danger & threat. We have created a revolutionary new way to create power without nuclear waste or hot fission radioactive reaction. We have invented reactive power reactor or Fueless Energy Acquisition Reactor "FEAR Tech™" as we acronym it (see the website) worth untold billions even trillions of EUR/GBP/USD whichever you prefer. You can invest in this marvelous technology with Bitcoin (or regular Bank Transfers if anonymity is of no concern to you) through a Bitcoin offshore investment bank https://www.bitcoin-bank.trade to also help raise awareness in the future of Green Energy, privacy which are all under threat. DO NOT take my word for it just read the Testimonials & see what existing clients have to say. To put this into perspective (see Bitcoin Bank) for every 1BTC you invest today you are guaranteed to have more than $30million USD in share value alone within 5 years if of course you do not sell your shares this is factoring in the rate of growth of Blaze Power Technology thus for every 1BTC or more you invest now you are a guaranteed millionaire in 5 years. Checkout both websites and have an open mind do not miss out like those caught sleeping in the early days of Microsoft when people laughed at Bill Gates when he stated that software would outsell hardware when it comes to computing, this then is one of those moments thus this is the time to get in your chance, it's not too late. Spread the word and let us make a difference business wise & conscious. Visit YouTube and keyword FUKUSHIMA danger 2016 you are also saving the world & making a big difference. You are not safe as long as Nuclear reactors still exist this is your chance to make a mega profit & save the world at the same time. Before you get skeptical take a look at what famous individuals in history said (as pointed out by a savvy investor at Bitcoin Bank) and quote:

“The horse is here to stay, but automobiles are only a novelty, a fad.” Horace Rackham, 1903

“Rock & Roll will be gone by June” Variety Magazine 1955

“Remote shopping while entirely feasible will flop” Time Magazine 1968

“Television will not last. It is a flash in the pan.” Mary Summerville 1948

“Next Christmas, the I-Pod will be dead, finished, gone, kaput.” Alan Sugar 2005

“There is no likelihood man can tap the power of the atom.” Robert Millikan, 1923

“The telephone has too many shortcomings to be seriously considered as a means of communication.” William Horton 1876

“I predict the internet will soon go spectacularly supernova and in 1996 catastrophically collapse.” Robert Metcalf 1995

“The cinema is little more than a fad.” Charlie Chaplin 1916

“The idea that calvarly will be replaced with these iron coaches is absurd.” Field Marchsall Haig, 1916 talking about the tank

“Fooling around with alternating current is just a waste of time. No one will ever use it.” Thomas Edison 1889

“I think there is a world market for maybe five computers.” — Thomas Watson, chairman of IBM, 1943.

“There is no reason anyone would want a computer in their home.” — Ken Olson, president, chairman and founder of Digital Equipment Corp., 1977.

PS*: An idea? Buy one of our Free Electricity Generators & use them to power your rigs & mine Bitcoin for free. We have the power! -- Best regards

Tony Blaze

Unlimited Power, simply exciting isn't it? http://www.blaze-power.eu

Re: Japanese Can Soon Pay Their Utility Bills with Bitcoin

#120
Hello there,

Kindly I address you and sincerely this is not intended as spam or self promoting but a sincere invitation to all and my passion like all free minded individuals like a lot of you no doubt learned & clearly enlightened individuals to share with those that believe in the same ideals and in the process help you make a mega fortune up to 1000% returns or more in 5 years with options to withdraw earnings monthly or yearly which you can do anonymously too I want to introduce you to Bitcoin Private Bank & Blaze Power Corporation. Lets put this in perspective. If you deposit 1BTC today with Bitcoin Private Bank you are guaranteed to earn 16.67% interest every month this is guaranteed regardless of market conditions this is the banks base interest rate you will always get this no matter what which is better than keeping Bitcoin in a non interest bearing Bitcoin wallet this revenue can also help you mitigate the ever increasing Bitcoin transfer fees & constant rate fluctuations it is also safer than cold storage because the bank stands guarantor for your funds (better than FDIC). Cold storage is not entirely safe because you can lose or corrupt the hardware, key store even a paper wallet can be lost or stolen cold storage is not a fool proof solution (read on it gets better). But for the more ambitious individual there is even greater reward when you invest rather than just banking & I will elaborate. Looking at Blaze Power market share 100% (there is no direct competitor i.e based on rate of production & service revenue from wholesale discounted power supply). The actual growth rate of Blaze Power Corporation is thus in excess of this, 1BTC investment in Blaze Power Corporation today would net you $3,000,000.00 in 5 years, that is $50,000.00 earned every month for a 1BTC investment this is not theory or speculation, ponzi or a pyramid but based on actual performance & energy market fundamentals. Obviously like any other IPO (Google, Facebook, Twitter, Microsoft including early days of Bitcoin etc) the trick is to buy as many shares as you can then watch the value of your shares grow as the company expands rapidly & watch yourself go from Bitcoin to Millionaire in a short space of time. Impossible? Well unlike Facebook, Google, Twitter or Microsoft we actually have a world changing tangible product worth trillions & a life critical & essential service (Unlimited Electricity which ironically is also the backbone of all Bitcoin mining, the major overhead & determines the difference between break even or bankruptcy in Bitcoin mining thus how can you go wrong?). What or who is Blaze Power Corporation? Well I will elaborate. I am CEO of Blaze Power Corporation. My company is here http://www.blaze-power.eu and just like Germany we have a big drive toward the eradication of the Nuclear danger & threat. We have created a revolutionary new way to create power without nuclear waste or hot fission radioactive reaction. We have invented reactive power reactor or Fueless Energy Acquisition Reactor "FEAR Tech™" as we acronym it (see the website) worth untold billions even trillions of EUR/GBP/USD whichever you prefer. You can invest in this marvelous technology with Bitcoin (or regular Bank Transfers if anonymity is of no concern to you) through a Bitcoin offshore investment bank https://www.bitcoin-bank.trade to also help raise awareness in the future of Green Energy, privacy which are all under threat. DO NOT take my word for it just read the Testimonials & see what existing clients have to say. To put this into perspective (see Bitcoin Bank) for every 1BTC you invest today you are guaranteed to have more than $30million USD in share value alone within 5 years if of course you do not sell your shares this is factoring in the rate of growth of Blaze Power Technology thus for every 1BTC or more you invest now you are a guaranteed millionaire in 5 years. Checkout both websites and have an open mind do not miss out like those caught sleeping in the early days of Microsoft when people laughed at Bill Gates when he stated that software would outsell hardware when it comes to computing, this then is one of those moments thus this is the time to get in your chance, it's not too late. Spread the word and let us make a difference business wise & conscious. Visit YouTube and keyword FUKUSHIMA danger 2016 you are also saving the world & making a big difference. You are not safe as long as Nuclear reactors still exist this is your chance to make a mega profit & save the world at the same time. Before you get skeptical take a look at what famous individuals in history said (as pointed out by a savvy investor at Bitcoin Bank) and quote:

“The horse is here to stay, but automobiles are only a novelty, a fad.” Horace Rackham, 1903

“Rock & Roll will be gone by June” Variety Magazine 1955

“Remote shopping while entirely feasible will flop” Time Magazine 1968

“Television will not last. It is a flash in the pan.” Mary Summerville 1948

“Next Christmas, the I-Pod will be dead, finished, gone, kaput.” Alan Sugar 2005

“There is no likelihood man can tap the power of the atom.” Robert Millikan, 1923

“The telephone has too many shortcomings to be seriously considered as a means of communication.” William Horton 1876

“I predict the internet will soon go spectacularly supernova and in 1996 catastrophically collapse.” Robert Metcalf 1995

“The cinema is little more than a fad.” Charlie Chaplin 1916

“The idea that calvarly will be replaced with these iron coaches is absurd.” Field Marchsall Haig, 1916 talking about the tank

“Fooling around with alternating current is just a waste of time. No one will ever use it.” Thomas Edison 1889

“I think there is a world market for maybe five computers.” — Thomas Watson, chairman of IBM, 1943.

“There is no reason anyone would want a computer in their home.” — Ken Olson, president, chairman and founder of Digital Equipment Corp., 1977.

PS*: An idea? Buy one of our Free Electricity Generators & use them to power your rigs & mine Bitcoin for free. We have the power! -- Best regards

Tony Blaze

Unlimited Power, simply exciting isn't it? http://www.blaze-power.eu

Post reply on HN