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The "market cap" is solely determined by the value/demand of BTC, and nothing to do with the underlying system. 1 BTC or .1 BTC, it is all relative. The type of analysis above is just not valid. ...

Actually it is not based on trust. Fiat currency is based on trust:
- you trust Ben Bernanke not to devalue your money thru inflation
- you trust your government not to freeze your bank account,...

1. As long as you abide by our posting guidelines you should be treated as all other posters are treated.

2. I don't care what name you're posting under, but that part of the moderation is not...

Ah, okay. Has he ever talked about his father?

If his mother was his only close family member, and he lost her in 2009, this would also be a reason he could be susceptible to crap like this.
...

Interesting that he had issues with his brother. I never knew that. Come to think of it, does Daniel ever mention his parents in any of his blogs? I'm starting to wonder if he is distant from his...

I guess the funding element would seem like a big issue if it were news, but everyone closely following the legislation progress was already well aware of this, as I posted it myself when debating...

If you define ponzi scheme so loosely, than all kinds of things could be considered ponzi schemes. Commodity markets, beanie babies, penny stocks, stamp collecting, fiat currency.

I get your point...

I'm confused how you're characterizing this as a ponzi scheme. Don't ponzi schemes usually have some sort of organization? Someone at the top orchestrating everything and profiting from subsequent...

well no, there is already provision in the US tax law for this...if you invest in something for the purpose of making money (speculating in Bitcoins) and the investment (Bitcoins) become worthless,...

You are a fucking idiot, and I am saying this to a guy that did a bunch of free work for Micon.

There is a 0.0% chance that bitcoins will survive. It's not backed my anything except a few scammers...

Actually, I care about a lot of opinions in the world; I'll give anyone a listen until they prove to me they're not worth listening to. If I could have my druthers, I'd like to be loved while still...

When the UIGEA was passed the PPA lobbied the Treasury Department to exclude 'skill games' such as poker from the enforcement regulations, then lobbied further to have the enforcement of the...

How does this qualify as either a Scam, Scandal or Shadiness? It seems more like flying stupidity to me.


Thus, the lobbying for SunFirst appears to have been a self-serving attempt by...

The reason that the MUSL or Powerball is legal is that after State laws forbidding the sale of other State's lottery tickets were ruled to violate the Dormant Commerce Clause Doctrine, Congress...

I really should have consulted Haley before this interview. The Pappas questions wouldn't have likely been answered (since Rich isn't him, and can reasonably claim to not know), but I really wish I...

I havnt kept up with who is responsible for what but are you saying the PPA ia 100 % responsible for all of this happening?[/QUOTE]

Only by accident, the PPA never wanted poker to go...

Wildly successful? Getting 1 state to approve online poker, a governor to modify a pro-online bill and 1 judge to rule poker is a skill game? Those are small wins

I don't think that comes...

Todd,

The real reasons Rich 'won' the debate are:

A) The valid criticisms you made were mostly on issues no one cares about; whether Rich acts like a Dick on a message board or if the PPA did...

The 30 Best Things Ever To Come From Canada

Happy Canada day! You're really not just America's hat, Canada. We love you for these reasons and many more.

This isn't really relevant.

I know that on January 1, 2012, I was also credited before they were able to verify my Western Union deposit. I didn't realize it at the time, but now that I think...

This is incorrect. You have been able to legally bet online on horse racing for many years. Some would also argue the fantasy sports and skill game site are online gambling, as well.[/QUOTE]

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Since the PPA is really the PSA, of course PS funded Paul Clement, they also funded Zwillenger's letter and meeting with the DOJ in DC, which is just weird - to have the company that bought the...

Obama actually seems to be very strongly in favor of online poker, and sees his home State (IL) as a future hub for lottery ran poker, but first he had to eliminate the underground competition.
...

It's actually Attorney General Eric Holder who signed off on it and Preet Bharara U.S. Attorney from the Southern District of New York who has a hard-on for cases like these. The President of the...

The UIGEA has almost nothing to do with the situation American players find themselves in today, though UIGEA charges (accepting/processing deposits from US players) were included in the BF...