Free Talk Live

Why would the resurgence have fizzled? The best explanation is that third-quarter growth was buoyed by the rebuilding of inventories, which were slashed in the depths of the crisis. That effect may have ebbed.

(Personal Note: Bad news, very bad news. Where goods do not cross borders, armies will.-Bastiat)

Mohammad Rafigh is an Iranian Musician living in Tehran and also a computer engineering student. After discovering Bitcoin he became fascinated by it, and made his most recent album "Beyond Matter" available for Bitcoin.Rafigh wrote “Bitcoin is so interesting for me, I wish the culture of using digital money spreads all over the world, because it does not have any dependency on anything like politics.” Rafigh has begun translating Bitcoin software into Farsi

There are many businesses out there right now willing to trade all kinds of services and goods for bitcoin, but this is just the beginning! Many entrepreneurs are only now starting to learn about bitcoin. Almost everyday a new bitcoin businesses is lunched, some of them totally unique, and some of them a competitor to existing bitcoin businesses...

Lets talk about:
- Which ones can be trusted
- Which ones to avoid
- Local (Real World) businesses
- Seek peek, of the big time bitcoin businesses under development right now.

Under sanctions imposed by the U.S. and its allies, dollars are hard to come by in Iran. The rial fell from 20,160 against the greenback on the street market in August to 36,500 rials to the dollar in October. It’s settled, for now, around 27,000. The central bank’s fixed official rate is 12,260. Yet there’s one currency in Iran that has kept its value and can be used to purchase goods from abroad: bitcoins, the online-only currency.

As it is portrayed on FTL, the bitcoin store is all about serving the bitcoin community, i.e. "selling for cost." lol Seriously? The store is selling/gambling on upward valuation. It's not a "charity" type enterprise at all. It hedges it's sales on the hope that what it takes in low bitcoin value will be able to sell back to legitimate currency at a far greater rate.

Bitcoin is a ludicrously bad idea. It is a scam. A Scam. It is not a currency. The economic assumptions underpinning the Bitcoin ecosystem are laughable, and ignore hundreds of years of accumulated understanding of how currencies work with each other.

Fortunately, it's such an obviously flawed system that it will probably never grow to a point where it causes any ill-effects,or even impact, to world economies.

CoinConnect is here because of Bitcoin and for Bitcoin. Social networking is quickly becoming one of the most widely used forms of communication and we want to bring that level of success to Bitcoin and the great businesses and organizations that use it and promote it.

It's time for Bitcoin to evolve to the next level and CoinConnect is here to help facilitate that growth.

CoinConnect is the bridge between Bitcoin and the rest of the world.

Bitcoin is a free and easy to use, open source peer-to-peer electronic cash system that is completely decentralized, without the need for a central server or trusted parties.

Users hold the crypto keys to their own money and transact directly with each other, with the help of a P2P network to check for double-spending. Users can transfer money easily through the Internet, without having to trust middlemen. Third parties can’t prevent or control your transactions.

Bitcoin has been all the rage lately. The stuff, or lack thereof, runs on peer-to-peer technology, is fully decentralized, has no patents, and is open source. Currently, there are almost 11 million bitcoin units in existence and the maximum amount of bitcoin units that will ever be created by the logic of its design are 21 million. For more details on how they work, see the recent Mises Daily “The Money-Ness of Bitcoins” by economist Nikolay Gertchev.