Thailand: World’s First Bitcoin Ban

Like a lot of people these days, I have a PayPal account I use fairly often. The other night, my boyfriend and I wanted pizza. The problem was, that, while our PayPal balance was high, our checking account balance was not. PayPal funds take three to five days to withdraw and transfer to your bank account. We wanted pizza tonight, not a week from now!

Bitcoin Evolution Mining – Bitcoin is soon turning into a popular open source, peer-to-peer currency that is an undetectable and safe way to make money online. The unique thing about this method of make money online is that you can continue to dedicate the CPU cycles of your PC to a Bitcoin client. Encryption problems are assigned to your computer which it needs to solve. On solving every problem you will receive 50 Bitcoins. Each Bitcoin is equivalent to $8.60 which makes it a decent income for each problem solved.

The amount of money you will make is worth the stress even if you have to open hundreds of liberty reserve accounts. To make things easier for those who reside outside Australia i also accept LR,I don’t accept WebMoney,MoneyBookers or PayPal because you cannot use them to sell this kind of software.

But, when you let that good old Edison light bulb flash in the head for just a moment, bingo, you will realize that we already are using a replacement for paper dough. Voila…Plastic money is already here…Eternal bliss of electronic wizardry to the bitcoin rescue of the final frontiers of human development. Wired digital magic you may choose to label it.

Please note that this is not intended to endorse the taste or quality of any restaurant. The only intent is to give some direction to those who have money in their PayPal account and want to use it to order food.

Recently, an article I read indicated the “street” exchange rate in Argentina was 7:1 (seven pesos per USD). I should visit again soon with a big wad of USD!

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This currency, once it reaches critical mass, will not be easily manipulated by individuals or governments. It will give us a chance, not a guarantee, but a chance, to correct the system.