Freaking Awesome

This is so awesome, I will just link the post and you guys decide for yourselves.    BLOCKCHAIN OVER RADIO

Long over due!Good bye BFL!!!

In the early days of my bitcoin/cryptocurrency experience, I chanced to have dealings with a company called Butterfly labs.   I took the path and got into many aspects of blockchain technology including mining.    I found that the mining part of crypto was and is very interesting, being a geeky numbers guy and all.   So it did not take very long for me to come into contact with BFL(Butterfly labs), which at the time was one of a tiny few companies that were in the business of manufacturing mining equipment.   BFL, had boasted that they would release the best most inexpensiveness mining tech on the market.

A partner of mine went in with me to “pre order” one of BFL’s early to be great miners.   The Jally.   Now, had I did a bit more research into BFL before I had placed my pre order, I would have found that many people had been waiting on their pre orders for months, some people for almost a year at this time.   So then I decided to  do my due diligence.   The more I learned, the more I got the picture that something was wrong with this company.   People that had placed pre orders started complaining about the missed release dates of the miners, and wanted their funds back, understandably.   BFL denied refunds.   About 5 months later after I placed my pre order I got my Jally’s, which was 3 months late.   Fortunately for me and my partner, we only had invested a few hundred dollars.  There were others that invested tens of thousands of dollars in pre orders.

Now being a business owner myself, I do understand that often things do not go according to plan and that set backs do happen.   But treating your customers in the most rude of ways is just wrong.   The reps of BFL treated people very nastily in many instances.

BFL became a company of fraud and stole millions of pre order monies.  Was it their intentions to start out this way.?   I do have reason to believe their intentions were sound at the start, but got in over their heads as this tech space moves with lighting speed.

I am glad to say now that FTC has closed down Butterfly labs.

The crypto currency world is a new technology and to be sure, many more situation like this will happen.

The point in me sharing this story is this,   always remember to do your due diligence in any new company and understand the potential risk involved before you put your hard earned funds on the line.

I was very close a few month ago in starting a class action law suit against BFL, but life happened and more immediate things took my attention.  All in all it is long over due that BFL being closed down!!

Making Bitcoin become Real

Since the beginning of 2014 , I have been giving personal home meetings about bitcoin.   The idea of this project is to make aware those people in my local community.   The project has been received awesomely by those that attend.

My most resent meeting was held this past Saturday.   It was a follow up meeting from last week.(I give this meetings everyone week).   I took this time to do something very different in addition to all my other meetings.  Not only give away some bitcoin, yet also aid my attendee with their very first Bitcoin/crytocurrency purchase.

So I had my attendee get a wallet, using blockchain.org.   This took all about about 10 mins.   So far so good.   Then I sent him some bits.   While this transaction was hashed into the blockchain, I had him register his account with a very reputable bitcoin merchant , Amagi Metals.

Once the coins were in his wallet, I had him go pick out a piece of awesome silver.   The silver piece chosen and in cart, now time for check out.   We then proceed to check out and get to several payment options.   Then his see the bitcoin option.   He says with excitement, Oh Kewl, bitcoin.  He clicks on the bitcoin payment and then the payment invoice comes up with payment address.   I have him clipboard the payment key, go back to his blockchain.org wallet, and paste the key into his send payment and click…done.   He then switches back over to the Amagi page and was happy to see the invoice has been paid notice.

All these steps took just under 40mins.

So to recap,  my attendee, setup his first crypto wallet, got free bitcoin, made his first purchasing using bitcoin, and in a few days will have a gorgeous piece of silver to boot.

Now this was a very successful and fun meeting.

I just hope he was truly as excited about this as I was.

None the less, now bitcoin is REAL to him.

Jay

The 9th Wonder of the World!

Last week I finally got to witness the awesome beauty of what in some circles is considered the 8th wonder of the world, The Grand Canyon.   I have lived in Arizona now for about 13 years and this was the first time that I was able to make it there.  It was very great indeed.   The vastness of this spacial spectacular is breath taking to say the least.

The one thing that I did not anticipate was all different ethical background of people all brought together to take part in sharing this wonder of nature.   Literately people from all corners of the earth were there on this day.   The funny thing was, I didn’t get to see many Americans there at all.   From Asia to Greece, this places had representatives from many racial walks of life, we all together, in peaceful consideration.   The experience was surreal in a most heart warming way.

I spent about 5 hours there at the Grand Canyon on this day, and this experience will live with me for all time.

Upon reflection of my Grand Canyon trip, I remember how exhilarated I felt when I first learned and understood the power of the blockchain.   By the time I had learned about bitcoin in early 2013, many people from all over the world had been already participating in this community.   All brought together by the nuance of change and growth as well as the possibility of personal liberation unheard of at any point through out the history of mankind.

I truly believe that this technology has the possibility of unifying the people of all nations in the most profoundly of  unique ways.   Not by coercion or manipulated injunction.  Yet, by simply  offering the choice and power to use an idea and technology that is proving day by day to be far more superior then the establish systems that are in use today.

It is my opinion that in consideration of all the progressive changes that the blockchain tech has already made possible and the vast possibility for the future,  the Blockchain is the 9th Wonder of the World.

Jay.

Please, if you found this article inspiring and/or informative, please donate what you can:

BITCOIN 199DBWE52wTN8LVv49FNs2bv1jfwXJCrx

LITCOIN Ldj9GzhVD6pjLjeKJRPDwr6fKAPvokMa1p

DOGECOIN DP1u7YtCd1LKNiqyqoKtpcdjcNN71LXcxv

 

 

Curse those who continue to support the current banking system.

You know that a system is totally screwed up when agents and branches of a system do not truth each other.

I will share with you what happened to me again today.

So I go the my bank, which WAS  US Bank.  I deposited my payroll check like I normally do and attempted to withdraw the amount I needed to get a cashiers check.   And guess what.   My so called bank  would only let me cash out a tiny portion of my deposit!!!! Are you kidding me.  Today is the last day of my grace period for rent.  So I said, what gives, I just last month came here to my so called bank and made a similar transaction with no problem.   The counter attendant proceeded to say that someone last time gave a special authorization.  LOL, I told the lady that my rent is due today, give me this so called special authorization then.(keep in mind, last month I did not ask for this “special authorization”).   The lady then says that she can not.  So instead of going postal on this poor lady(she sold her soul to have a job working for the banks) , I told her to close my account.  Of course she attempted to save the account.  But I was extremely adamant in my demand.  So my account is now closed.  Oh how I hate the banking system.  No longer any use at all.  So I go to one of many local check cashing places to cash my check, lol. Banks.

Now the other situation is that my apartment complex management company will only accept Bank cashier checks,lol, once again, they do this because the do not trust money orders or personal check.  They do not even trust Postal money orders!!!!! LMAO.

This is crazy.  Banks are worthless.   The only reason banks are still in existence is because the every day dumb ass believe that banks are still important.  Well I call bullshit.  And curse those that keep supporting the banking system.   One day soon , here in the USA, you will go to your bank and guess what.  The bank will have stolen all your money.   I will laugh.

This is just another reason why I love cryptocurrency.  No transactional bullshit.  With cryptocurreny, I AM IN CONTROL!!

 

Jay

 

Why I am so excited about this bitcoin thing.

So about a year ago or so I was watching one of my favorite shows.  Keiser report.  If you dont know of it I would highly recommend it.  Max is silly and crazy, yet very intelligent and mostly spot on with his prospective about world financial views.  Anyhoo,  this one episode about a year ago Max was super excited and kept saying through out the show, “Isn’t it great to be a bitcoin millionaire.  Oh yeah, did I say how great it is to be a bitcoin millionaire. ”  Max said this about 5 times in the show.  I hold Max’s view point in high regards, so being an intelligent person, and not knowing what bitcoin was,  I researched this bitcoin thing.  I will skip the long story, but after 7 days locked in my room engrossed in learning this new technological idea,  I saw the light!!! You must understand, I was there in the beginning of the internet and knew that this idea was going to change the world.  And it did.  I see this blockchain concept and see a very big picture for a vastly different and more positive future for us all.   For the first time in recorded history man kind  has achieved this scalable approach to currency and money.  This has never been done before and it is so exciting to be apart of the early adopters of this great idea.  I will go into more technical aspect of bitcoin and cryptocurrency at large in a later post.  I will say this, the blockchain is like the knowledge of fire of Pandora’s box. And now that this power is out of the box, it shall never be put back in the box.  It is up to us now to utilize this new power for the benefit of mankind.

Jay

XXXCoin Potential Market Capitalization Report

     In my years on this earth I have observed 3 basic elements that preoccupy the minds of most people;Time,Life&Death,and that of Sex. The adult entertainment industry(AEI) has monetized this notion.

     It has been estimated that AEI in the U.S. alone generates $13 billion on a yearly basis, with online numbers being right around $3.1 billion. That is a lot of entertaining. The AEI has always been among the first industry to utilize the most current and advanced technologies the market has to offer.

 

     From television broadcasting, video media to the internet, AEI was there at the beginning.

     Now enter the blockchain. With the pseudonymous nature of this new technology, the AEI will now for the first time offer customers a whole new level of privacy. The development of the new API payment system will offer the AEI a replete system designed for personal discretion. XXXCoin is the first to bring both of these together in a harmonious union.

     What does this all mean for XXXCoin? It is my opinion that the value of this union will be reflected in the market capitalization in the next days, months, and years ahead.

     If XXXCoin penetrates just 1% of $3.1 billion U.S. base, that would put XXXCoin market cap at $31 million. Having the first movers advantage targeted specifically for the AEI, it is not out of reach for a penetration of 5% of the market. That’s $155 million. Keeping in mind that these figures are based only the U.S. estimates. If the entire AEI figures are included, then these number could be significantly higher.

     In final thoughts, this is a unique opportunity and I would caution all early adopters involved not to underestimate the potential value this project has to offer.

Report by:Deepcoreotc XaCjbQQGfA43Nw8fixYVQPsaAarZpveLz5

sources:

http://www.covenanteyes.com/pornstats/

http://internet-filter-review.toptenreviews.com/internet-pornography-statistics.html

http://stoppornculture.org/about/about-the-issue/facts-and-figures-2/

http://dailyinfographic.com/the-stats-on-internet-pornography-infographic