SA mobile operator planning Bitcoin cryptocurrency integration?

If you had a couple, and it suddenly went viral? :D


Last updated on:
May 25 2011 12:35:08
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R50 for the chance?
 
martin said:
And how do you know it's the best? :)
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Cryptocurrencies are cool. Since, mobile operators have absolutely no control over their users OS, unless you buy their house branded phones, they will have little impact on adoption of bitcoin.

What is more likely to occur is that users discover the joys of Android includes Bitcoin. Therefore the operators can get stuffed as far as I am concerned.

JOIN ZA-FREE and campaign for open access broadband and cyberspace rights, including crypto-currencies.
 
WTF? What is bitcoin? What is a crypto-currency? The article makes huge assumptions that the majority of us have even a vague idea of what the article is based on.

Can someone please explain in layman's terms what this article is about?
 
I would also like to see an article explaining crypto-currency from an historical, technical and then practical view.
 
Its money pulled from someones ass. You still need something tangible to buy it with. We should really just go back to using gold
 
fluffy54 said:
I would also like to see an article explaining crypto-currency from an historical, technical and then practical view.
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A quick google will find you such an article. You won't find anything on the history though. Bitcoin is pretty much the first implementation.
 
boom said:
Its money pulled from someones ass. You still need something tangible to buy it with. We should really just go back to using gold
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Real money IS pulled from someones ass..

Interesting Video

From what I gather this currency is tangable as there is a fix amount of coins that can be mined. For a system like this to work, the coins have to be constantly moving, not hogged like todays money systems.
 
Ok...I watched the video and still have not freakking clue what it is or how it works. RPM....please do another article explaining to us like we are a bit on the slow side. :-)
 
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So it is running and using my processor to run transactions or whatever...when do I get my MONEY????????????????????

LOLZ
 
WARNING!

Bitcoin uses your internetconnection like a greedy drug addict......and Vodacom wont be accepting Bitcoins as payment for your 3G bill! lolz
 
ocleroux said:
WARNING!

Bitcoin uses your internetconnection like a greedy drug addict......and Vodacom wont be accepting Bitcoins as payment for your 3G bill! lolz
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LOL!!!!!!!!!

I guess you didn't read how it works and why you getting coins
 
Elimentals said:
LOL!!!!!!!!!

I guess you didn't read how it works and why you getting coins
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I did....but went cross eyed halfway through and decided to test it out anyway. Did not even think about how much data it would be using. I was running it for about 30 minutes and it used about 80megs in that period. Thank god I was connected via house wifi! sjoe! close call! :-)
 
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