Bitcoin conversation

Stranger: Banglore

You: nope

Stranger: ok..what do you do

You: can I ask you a professional question - does people in Banglore purchase used phones, furniture, tables or other stuff like that?

You: any used stuff

You: does they purchase it?

You: is it pretty popular to sell your own things through classifieds?

Stranger: of course there are so many

You: what web-site do you use if you want to find something used

You: or you're purchasing only new stuff? ^_^ :D

Stranger: olx for old

You: is it popular?

You: can you find there everything you need?

You: or sometimes you need to go to other places?

Stranger: yes its popular

You: 99% of users uses that?

You: or 60% or 30%?

You: what about craigslist

You: does they use craigslist?

You: or not?

Stranger: no

You: freedom

You: :D

You: cool

You: lets remember what we've purchased last time

You: what did you purchased ?

You: I've purchased an old backpack

You: which was pretty much lame

You: what is your are of expertise may I ask?

You: is there any thing which you can do better than anybody else?

Stranger: used backpack? why dont you go for new one?

You: because I had no money :)

Stranger: hm

Stranger: are you a srudent? or you job or something?

You: I've graduated, working now

You: part-time

Stranger: whats your major?

You: economics

You: wbu

You: statistical analysis

Stranger: i am studying masters in computers

Stranger: ok

You: what is your favorite topics?>

You: on computers

Stranger: you like traveling ?

Stranger: programing

You: what is your ideas

You: did you got any?

Stranger: means?

You: lke what yor plamnning to accopmlish next month

You: year

You: etc

You: by using ur skills

You: specificly

Stranger: i want establish my own company

You: alreadyahve an elevator pitch? :)

Stranger: nope should start from foundation level

You: at least what is your ideas? :)

You: for the company

You: why your company gonna succed

You: what is your audience, technology and core ideas?

Stranger: i want to provide safe secure and chep banking software

You: ooooohmygutt!!

You: cool

You: :D

You: now that's really awesome!!!

You: sounds really fascinating

Stranger: do you use ATM?

You: yes

You: in fact ive got 20 credit cards :P

Stranger: in my plan no need to use card

You: 5 of them are loans

You: what they will be using?

Stranger: simple mobile sms is enough for every think

Stranger: thing*

You: ohmygittttuittt

You: so simple!

Stranger: yeah

You: oahoaho

You: that is a wonderful idea!~

Stranger: but it takes some time to implement

You: why are people so stupiiiid!!

You: sms is so simple why they need plastic!!!@@!!!

You: okay may I have a question

You: what do you think about Bitcoin?

You: is it future or what

Stranger: i dont have good opinion on that

You: why

Stranger: noticed few issues

You: what issues?

Stranger: its virtual

You: what's wrong with it?

Stranger: not controlled by central

You: it must be controlled?

You: don't you think it is advantage?

You: I thought Bitcoin users appreciate the fact that they aren't controlled, isn't they?

You: do you need to be controlled to succeed?

You: does people need to be controlled to have success?

You: or money

You: does our paper cash is controlled?

Stranger: need to be controlled

You: why

You: criminals?

You: taxes?

You: pension funds?

You: charge-backs?

You: what's the reason?

You: did I mentioned everything?

You: what is your reason?

You: other specific reason?

Stranger: paper cash can be maintained secretly

Stranger: which is called black money

You: so that is advantage right?

You: or just a fact?

Stranger: is it a advantage?

You: are you Jewish? :D

You: well up to my opinion maybe it is advantage, because I don't like over-regulation

You: according to economy course - regulation policies always stood up against the free economy

You: and was always a burden to any kind of business

You: so you don't think that paper money / current e-currencies / credit-cards will be replaced by Bitcoin any sooner?

Stranger: what we can do with such money which not come in to account?

Stranger: i dont think so

You: well you can pay to purchase your food for example

You: without fee

You: you can create bank processing

You: make international transactions

You: pay for any other utilities and services

You: or in other words - you can use it as cash

You: nobody accepts it now, but I'm ready to do something to increase quantity of people accepting it

You: you know my mother lives in U.S.

You: in Utah state

You: and sometimes I send her Bitcoins

You: because its the cheapest way to transfer funds from Russia to U.S.

Stranger: you do all those with normal cards right?

You: without getting robbed by 10%

Stranger: oh

You: fee for international transfer

You: also if you'll continue - if you're talking about green technologies - 15megawatt - that how much currently is needed to maintain blockchain

You: that's versus hundreds and hundreds of megawatts consumed by PayPal, Visa and MasterCard services

You: currently its the most cost efficient way to produce money decentralized

You: also have you heard recently the political story about Ukraine

You: where Visa / MasterCard put the restriction on Russian Bank

You: as a response Vladimir Putin issued a law - to create a national Russian payment system

You: does it says something to you?

You: it means that sooner or later - you also can be pressurized by any financial authority

You: while you can't say the same about Bitcoin

You: where no authority can control

You: so isn't it an advantage? :D ;)

You: are you went to sleep?

Stranger: haha

Stranger: ya almost

Stranger: its 12 pm here

You: great

You: so don't national electronic accounts make you feel insecure?

Stranger: btw you have very good knowledge about money,btcoins etc

You: are you agree paying robbery taxes?

You: well all due to economics class ;)

You: my father paid extra money in University to visit additional classes

Stranger: oh

You: as an IT student you must know cryptography topic better than me

You: and must understand the benefits of bitcoins by now ;)

You: many people don't accept bitcoin because they feel like its too complicated

You: while its not!

You: you know let's compare - how much does it take for setting up gateway for accepting credit cards?

You: usually it takes around 5 hours of your extensive study and Googling + despair and agreeing on $150 setup fee if you're not American citizen (American citizens can use PayPal built-in options to accept money)

You: how much it takes to start accepting Bitcoins automatically? 5 minutes - just sign up on coinbase.com and get your API receiving/payment confirmation implementation tutorial

You: and nobody dictates you whether your web-site should or shouldn't accept things

Stranger: ok

Stranger:  economic expert

Stranger: :P