From what I understand, its a new way of buying goods and services, without using current money.
A new form of untraceable money.
( Wildheart Baby. Drunken Mess In A Good Way, Mon 20 Jun 2011, 17:45, archived)

I don't think it's untraceable
but it's pretty hard to do so. Heard about it a few months back, my brother is a big fan (of bitcoins not the drugs trade)
( Amberl was stripey and dominated Europe, Mon 20 Jun 2011, 17:50, archived)

Its centralised, so doesn't have the same checks and balances as a bank.
Which could be a good thing, in the current shaky finacial market.
( Wildheart Baby. Drunken Mess In A Good Way, Mon 20 Jun 2011, 18:03, archived)

didn't the whole market crash the other week because someone as a joke made a post on the official bitcoin forums saying "BITCOINS ARE CRASHING!! SELL SELL SELL!!"

( Lightguy hail satan, Mon 20 Jun 2011, 18:14, archived)

haha, I think someone accessed something and ripped off $1000 worth of them.

( Wildheart Baby. Drunken Mess In A Good Way, Mon 20 Jun 2011, 18:18, archived)

i know nothing about economics but the whole thing sounds as safe as the beanie baby market
after having read this i should say
( Lightguy hail satan, Mon 20 Jun 2011, 18:22, archived)

the currency is being rolled back tho, i magine that

( mongychops, Mon 20 Jun 2011, 18:26, archived)

Whoops, someone does something stupid then someone else decides to fuck with something conected to them.

( Wildheart Baby. Drunken Mess In A Good Way, Mon 20 Jun 2011, 18:29, archived)

As far as i understand
it was not setup for nefarious purposes, but any sort of nigh-on untraceable way of trading is of course going to draw the drug dealers in.
( Windy Pig I'm naturally quite suspicious about the moon., Mon 20 Jun 2011, 17:57, archived)

and nonces i should think

( mongychops, Mon 20 Jun 2011, 17:59, archived)

i'm sure we have a drug dealer on here somewhere
and i KNOW we have a nonce.Maybe we should put them out there for research to get the low-down for us.
( Windy Pig I'm naturally quite suspicious about the moon., Mon 20 Jun 2011, 18:02, archived)

Of course.
Though from reading the article its better than having people being killed over territory.
( Wildheart Baby. Drunken Mess In A Good Way, Mon 20 Jun 2011, 18:01, archived)

I'm sure it can be spun both ways, depending on whose writing the article
but i don't want to get in to a debate about drugs are good/bad, that belongs on offtopic.
( Windy Pig I'm naturally quite suspicious about the moon., Mon 20 Jun 2011, 18:04, archived)

Oh can't we, please I'd like a protracted argument.
I'm not bothered either way, less robbing and killing people, more keeping yourself to yourself.
( Wildheart Baby. Drunken Mess In A Good Way, Mon 20 Jun 2011, 18:07, archived)

i fear we'd only end up agreeing if this is your stance.
anyone got a comedy account i can borrow so i can argue the opposite point for the sake of stringing out a pointless argument. In fact, if we do it well enough we could probably draw in some idiots and make a proper fight if we do it on /OT.
( Windy Pig I'm naturally quite suspicious about the moon., Mon 20 Jun 2011, 18:11, archived)

Shhhhh, they don't like people creating 'comedy accounts'
But go ahead and create one. I have a name saving account.
( Wildheart Baby. Drunken Mess In A Good Way, Mon 20 Jun 2011, 18:17, archived)

Drugs must be good
They saved Chreyl Cole from malaria for the nation
(Ronnie Spleen MMMMNEURRGH I AM A GAY SPAZ AND I LOVE IT UP MY BU, Mon 20 Jun 2011, 18:14, archived)

Bad drugs.

( Wildheart Baby. Drunken Mess In A Good Way, Mon 20 Jun 2011, 18:18, archived)

M'kay
Actually Shrill contracted malaria when she grazed her knuckles on an infected bog warden.

Then married Ashley in a vain attempt to extract sickle cells from his man ducts.

TRUFAX!
(Ronnie Spleen MMMMNEURRGH I AM A GAY SPAZ AND I LOVE IT UP MY BU, Mon 20 Jun 2011, 18:29, archived)