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June 2016

How a double charge ruined my Hawaii trip, and why bitcoin is so necessary to change the status quo.


How a double charge ruined my Hawaii trip, and why bitcoin is so necessary to change the status quo.

After arriving and booking my Alamo car rental in Honolulu on a friday, they put a double hold charge on my credit card.

When I was supposed to have $800 free for book various Luau, Snorkeling and other activities, I instead had a $-42 balance on my card and rejections for the bookings.

I had no idea what had happened because my online banking showed nothing and the bank was closed.

These legacy pull systems where merchants can accidentally make these kinds of mistakes that ruin experiences is unacceptable. That we have been force fed these kinds of experiences for decades, my entire life, is unacceptable.

This is why I never use my credit card, but unfortunately when you need to make reservations its either present a card or get no reservation. Without a reservation during tourist season on one of the most tropical lush places on earth, good luck on getting that activity done.

You should never be able to spend money you do not have, and no one should be able to pull money from your account without authorization. The system forces everyone into debt slavery and cash/bitcoin is the only true way to free yourselves from their iron grips. Take it from someone who had credit card debt and took years to pull myself out of it. I swore then to never charge up a card again and have never since spent a penny I do not have.

That hold put my account in the negative over 4 days, and was finally cleared late monday. It was not until I got back from my trip that I looked at my banking, and saw the $800 mysteriously returned to my account balance. It was only after calling the bank and put on hold for 15 minutes while they researched everything that we found out what caused it. The whole time I just assumed I had made some sort of mistake in my calculations.

Im so sick and tired of the banking establishment forcing these rules down our throats and then raping us for every turn of the way.

VIVA LA BITCOIN!

Submitted July 01, 2016 at 05:28AM by Cryptolution
via reddit http://bit.ly/29jyTeF

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(x-post /r/dataisbeautiful) For every $1 worth of bitcoin in existence, there is $1,560 of gold, $39,800 of debt, and $240,000 of derivatives


(x-post /r/dataisbeautiful) For every $1 worth of bitcoin in existence, there is $1,560 of gold, $39,800 of debt, and $240,000 of derivatives
http://bit.ly/295KkEk

Submitted July 01, 2016 at 04:51AM by BinaryResult
via reddit http://bit.ly/29eLuks

Tuur Demeester: “Bitcoin mining is becoming an energy transaction platform: mine coins with excess energy in one location, purchase needed energy elsewhere.”


Tuur Demeester: “Bitcoin mining is becoming an energy transaction platform: mine coins with excess energy in one location, purchase needed energy elsewhere.”
https://www.twitter.com/TuurDemeester/status/748302848056713216

Submitted June 30, 2016 at 02:08PM by eragmus
via reddit http://bit.ly/294AMJI

Is there a reliable source that shows the current energy consumption of the bitcoin network?


Is there a reliable source that shows the current energy consumption of the bitcoin network?
No text found

Submitted July 01, 2016 at 03:52AM by koinan
via reddit http://bit.ly/295Yl9x

Winklevoss Bitcoin Trust dumped NASDAQ for the largest market operator for exchange-traded funds, BATS


Winklevoss Bitcoin Trust dumped NASDAQ for the largest market operator for exchange-traded funds, BATS
http://bit.ly/2980tv6

Submitted July 01, 2016 at 01:58AM by Coinosphere
via reddit http://bit.ly/29do5kK

The ultimate answer regarding the “terminator” FUD:


The ultimate answer regarding the “terminator” FUD:
http://bit.ly/29evcrO

Submitted July 01, 2016 at 02:52AM by viajero_loco
via reddit http://bit.ly/295yryq

Is there a reliable source that shows the current energy consumption of the bitcoin network?

No text found via /r/BitcoinMining http://bit.ly/295Yl9x

Winklevoss Bitcoin Trust dumped NASDAQ for the largest market operator for exchange-traded funds, BATS


Winklevoss Bitcoin Trust dumped NASDAQ for the largest market operator for exchange-traded funds, BATS
http://bit.ly/2980tv6

Submitted July 01, 2016 at 01:58AM by Coinosphere
via reddit http://bit.ly/29do5kK

42% of 832 world tech industry leaders think that digital currencies will disrupt banking and payments in the next three years.


42% of 832 world tech industry leaders think that digital currencies will disrupt banking and payments in the next three years.

According to the KPMG survey that you can find here on page 19.

Question was : What is the likelihood that digital currencies and platforms will disrupt banking and payments in the next three years?*

Hope this could be interesting for some of you!

Submitted June 30, 2016 at 11:28PM by draacken
via reddit http://bit.ly/2936FSI

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