Alternatives to Western Union

That cdnmatt thinks it a possibility shows his slim grasp of reality

So you're saying I should invest in getting some Bitcoin ATMs setup in the likes of Pattaya and Bangkok?

I doubt that you have the ability to organise yourself out of a wet paper bag, frankly, let alone "invest" in Bitcoin ATMs anywhere in Thailand. That your average barboy has even heard of Bitcoin let alone capable of handling both the digital and physical aspects of the transaction is, however, the "slim grasp of reality" to which I was alluding.

Hookers in the Western world are using them in droves.

For someone who usually expresses contempt for those who pay you claim to be remarkably knowledgeable about the hookers of the Western world. As someone who uses hookers extensively all over the world I can state without hesitation that I've never been asked for anything except cold, hard cash.

Cheaper and easier than Western Union for the farang punters sending money to their newly found love.

Since Smiles is a pretty good weathervane for what farang punters of a certain age are capable of, and has already expressed his negative opinion, this comment too is another example of your "slim grasp of reality". Me, I'm still waiting to see bucknaway mincing by in The Look, jangling his few bitcoins (worth less than $20 apparently) in his pocket. Given your avarice I'm surprised you haven't offered him $20 to take them off his hands =))

[Smiles]

Matt, just in case you missed it I PM'd you re this topic.

Uh oh ... the smell of another Bitcoin Believer wanting to discuss the whole thing with another True Believer, totally in private.
A Conspiracy Believer loves company.

Lots of 'believers' in this Nonsense Land.

(Perhaps I'll turn out wrong on this. In which case, enjoy your capital gains. $2000 per Bit is Cndmatt's bet. Let's talk 5 years from now).

[Nirish guy]

Well you're certainly wrong about "another believer" and "wanting to discuss the whole thing in private" - I was merely telling Matt that as per his post earlier "no, it wasn't him I was alluding to" ( if you must know - away and take a few paranoia pills there and lie down in a darkened room for a while and I'm sure you'll be fine again shortly.

[cdnmatt]

A Conspiracy Believer loves company.

haha, so bitcoin is a conspiracy now? Smiles, W3C just green lit bitcoin to become part of its new stanardization of online payment protocols. If you don't already know, W3C is the defacto in internet standards, and they basically dictate how every aspect of the internet works. From DNS lookups, to formatting / sending e-mail messages, HTTP requests, FTP, CSS, Javascript, and so on... What they dictate, everyone follows, from Google to Apple, to small guys like me and everyone else.

Now that they've said they're including bitcoin in their payment protocols standards, that's a massive step forward. Think you might be a little behind the times on this one. Again, wrong crowd for this type of discussion. Sure, like you said, give it 5 years and we'll see where we are.

[Smiles]

' ... If you don't already know, W3C is the defacto in internet standards, and they basically dictate how every aspect of the internet works. From DNS lookups, to formatting / sending e-mail messages, HTTP requests, FTP, CSS, Javascript, and so on... What they dictate, everyone follows, from Google to Apple, to small guys like me and everyone else ... '

WHAT, WHAT, WHAT.

You got me on that, I must say. [Not at all sure what you got me on, but ... ]
I'll have to ask LonelyWombat to decipher it for me.

Here you go, Smiles, something to feed your concerns http://www.ibtimes.com/bitcoin-rally-di ... zi-2169480

Bitcoin is merely one of the emerging ways of transacting which rely on Blockchain which will revolutionise aspects of banking. However its value to the ordinary punter (ie. those of us who don't deal drugs or kiddy porn) is probably limited for the time being

Hold the front page! The head of investment bank JPMorgan agrees with Smiles http://fortune.com/2015/11/04/jamie-dim ... y-bitcoin/

[cdnmatt]

That's like asking the CEO of Western Union what he thinks about bitcoin. Of course he's not going to like it, because it threatens their business model.

Then he says the governments won't allow it, which doesn't make sense, because regulation is impossible. You can't regulate a bunch of hashes being passed around the internet. Again, it's already stood the test of time, and is here to stay.

You can't regulate a bunch of hashes being passed around the internet.

Does Bucky know that? He has "a few" bitcoins that he jiggles with in his pocket as he walks around in The Look.

[bucknaway]

Did someone mention my name?
(Now I know how Bing Crosby felt when he did a cameo in a Bob Hope film.

(Takes a bow and leaves thread)