Bitcoin Bandwidth Scalability

Bitcoin generates more transactions per each customer. So fake numbers can become real for Bitcoin once it will gain mass adoption.

* Bitcoin should be used for microtransactions like 1 cent & should be free.
* Every person should have access for sending 1 cent even 1000 times per day
* Every teapot, every door, every dancefloor & every living & non-living creature must have a BTC address. No doors should be opened without BTC & no device should be used without BTC micropayment.

1TB per day is pretty possible scenario in case of worldwide adoption. Bitcoin is useful because you can microtransact with it.

But you won't have to worry if Bitcoin scales to this point if you're not willing to become Bitcoin core developer, because even if Bitcoin lacks some bandwidth, I can spend my Bitcoin to purchase that bandwidth. & if that bandwidth is expensive, at the time it will become mainstream, it will be possible to be covered by microtransactions.

So - more microtransactions means more bandwidth. More microtransactions is a luxury. Each small microtransaction uses bandwidth & each bandwidth are just an infrastructure. And infrastructure is just a one-time payment. If its a one time payment, that means that microdonations can easily cover that type of expense.

So problem here is not Bitcoin. Problem here is how do we scale the Internet to 1TB per day. I want access to 100 TB per day already now for making my city rich of Bitcoin microtransactions. I'm ready to pay this price even if its really expensive price. & I am getting my fiberoptics ready now, because I'm a qualified network engineer. I can find relatively cheap ways to scale to 1000 TB transactions per day. So don't worry about me or bandwidth. Do your own job, I will provide the rest.

I don't care how much space or electricity will be consumed for making sure the freedom for generations to come.

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I was an iOS user. But when Apple banned Bitcoin, I destroyed my brand new iPhone (I still haven't accomplished paying credit payments 11 months after that). And that was a sacrifice & promise for never coming back to Apple the system I loved the most, because that made my favorite Bitcoin apps unavailable for few months.

I loved Apple when there was a Steve Jobs. Without Steve Jobs, Apple is just a corporation who's sucking the blood out of everyone by their tyranny. They are going to fall upon their own weight (they don't even let you downgrade to OS version you like, there's growing numbers of dissatisfied customers with new iOS)

And you are must be blind if you're building your future only upon iOS. You're blind because you're under control, because they can make your phone useless whenever they want just by pressing a button. That's kind of the prophecy of the Bible - and if you look closer - that is exactly 666 mark which tries to block Bitcoin out of its existance & slowing down the information for being propagated over the network for truth.

This shouldn't be so easily forgiven. I was true Apple fan & never thought that I'll ever change my attitude. But THIS happened and I REMEMBER.

If its not Open Source, its not your phone.

I don't use Android & don't like it either - I still love iOS, but can't use it, because I don't trust it anymore & it goes against my ideology. I don't buy Android phones & use dumb phones just because last Android phones I tried wasn't useful for me at all: Samsung Galaxy S2, then new one: Xperia Z. Right now I have some HTC One S - I didn't used it for 2 month, I think its battery should be dead by now.

& Since non of those phones fit my requirements (only iOS fits) - now I have to wear a Eee-PC Laptop with Windows XP installed & with 2 batteries, which the only reminder of a mobility I had with iOS. It can't replace iOS mobile phone, but that's easier than using HTC One.

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My user experience with Bitcoin

I know about Bitcoin for 3 years & experienced user myself. I never been in U.S. so I still don't know anything about purchasing Bitcoins in U.S.

In Russia my own user experience was never bad. Once I learned about LocalBitcoins every transaction went smoothly (LocalBitcoins take 5% for exchanging on each transactions on Russian markets - fees are high, but I always buy any amounts of Bitcoin very smoothly).

So no troubles buying Bitcoin in Russia.


My family isn't experienced with Bitcoin at all, but they are ready to follow any technical/banking steps I provide.


Few months ago my sister wanted to sign up with CoinBase & she even deposited her $30 or $50 to her account in U.S. dollars. She lost her money, because she already don't remember what email assigned to her coinbase.

She told me that it took 3 days to confirm her account, and once she confirmed it... They asked her to wait another 3 days.

Yeah, maybe it was all her fault, because she never stores passwords properly, sometimes I feel she's losing her passwords all the time on purpose.


**This time we got simple task**: I needed my family to transfer me some $100 and I refused receiving any Western Union transfers - and now we think together about how to convert their paper dollars in Bitcoin. So yeah, basically I'm trying to survive in Russia only on Bitcoins. There's no problem in Bitcoin withdrawals in Russia. Huge challenge is teaching my family to use Bitcoins smoothly. My sister finally got computer which supports TeamViewer & I can even remotely connect to their system, but its gonna be hard for me to learn all the banking stuff about U.S. Next week they will need to send me small payments.

3 days ago we tried to sign up with Circle. I remotely connected to their computer using TeamViewer, first time we tried to sign up using sisters identity.

My sister received email from Circle saying that she can choose "passport, driver license or some 3rd document I don't remember the name of it" - since my sister have only social security & green card (she's not a citizen yet, some 3rd document isn't available for her).

So somehow we stuck on NetVerify process on circle.com because my sister wasn't unable to confirm her identity with circle.

Since my Mom's more careful with documents, we tried to sign up on Circle again but now we started the other account.

And this time we was ready for NetVerify. But we didn't received any letter from NetVerify during the sign up. I really don't know why! 3 days ago we wrote Circle's technical support with question "Why we don't receive NetVerify", and now they're not responding!

Its the 4th day since we signed up & when we try to "Add funds" from Mom's account, Circle says "Your credit card is in process is being verified blah-blah-blah"

Today we've got plan to try register account on CoinBase for mom. Because I'm already delayed my payment for landlord & miss that $100, and soon if we won't find some solution, I'll have some problems. Don't try to recommend me Western Union or any fiat exchange, I hate them.

We're already waiting for opportunity to use Bitcoins for 4 days, and it seems like we will have to wait another 3 days, because my mom just registered on coinbase, and we just figured out how to sign up with my mom's online banking which can't confirm instantly, so we have to wait another 3 days for deduction to appear in her banking statement.

We tried also signing up on BitStamp, but I don't understand how to use it! So here's the results:

- We tried Circle. Can't use it due to their customer support ignoring (we received 0 emails for 4 days)

- We tried CoinBase. It never confirms instantly, always asks to wait 3 days (and even this process doesn't guarantee that I will have money 3 days later). My Mom is using mountain america bank.

- We tried BitStamp. I think this exchange service works only with EU.

- We tried LocalBitcoins. Its frontpage says something like this "This web-site doesn't works in Germany" (whaaat? we're trying to access it on U.S. computer from U.S. IP address, even whatmyipaddress says that its Utah IP address!). LocalBitcoins, WTF with your geolocation?




Now we're trying to transfer those $50 which my family got. My sister is keeps annoying me with "easier fiat way", "she's ready to pay fee to Western Union" but I'm saying that I'd rather not accept any money & starve to death here (already went into some problems, but I'm fine).

So I need some more web-sites & recommendation. Where it went wrong? Why my family can't deposit their dollars to Bitcoins for 1 week?

But most importantly:

- Since U.S. got wrecked chargeback system & stewpid credit card, checking system - what are alternatives? LocalBitcoins.com doesn't works! My sister lives in Provo, so she can visit someone in Provo if they accept cash, is there other classifieds web-site except for LocalBitcoins for meeting for cash in-person?

- Except for Circle, Coinbase & BitStamp, is there any approved exchanges which doesn't steal credit card identities?

- What are more safe alternatives in U.S. to fix our problem? (We can't afford losing our last $50)

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Fear to talk about Bitcoin

I knew about Bitcoin 2 years ago. But I was afraid talking about it to my sister, because I thought that girl will never understand Bitcoin. Then I found out about Julia Tourianski, and then in 1 video she quoted Brigham Young: “You educate a man; you educate a man. You educate a woman; you educate a generation.” ― Brigham Young

In other interview Julia Tourianski was speaking to Jeff Brunswick - and in that interview http://www.youtube.com/watch?v=mp6C4g23uYo she explained why its important to talk about educating Bitcoin to woman - Jeff even said that its the most useful thing you can do! That's what moved me to talk more about Bitcoin. Without this interview I would be very silent & would never care to spend any time to share technology because I usually don't like wasting time.

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