I am Buttcoin. I write about Bitcoins - but with butts.
  • jogiff

    I especially like how Max went out of his way to personally tell the Buttcoin guy that they don’t accept imaginary money. Added a personal touch.

    • hughmanwho

      I know what a stupid move.. why in the world would insult a customer who is trying to buy something from you?

      • http://aremi.me/ Caspar Aremi

        In what world are retailers OBLIGED to take your currency? And note that the game is available for free from their site anyway. They don’t give a damn, get over it.

        • hughmanwho

          Completely agree that they don’t have to take Bitcoins.. but calling it imaginary and insulting them.. I loved that game and purchased a copy, probably would’ve purchased expansion packs but I’m not all that hot about it after those statements.

          • roodypoo

            Are you really that evangelical over digital currency?

          • hughmanwho

            Yes, it’s the future of money and has many advantages over the current way of doing business.. personal favorite is Nextcoin.

          • Wooxer Pt

            Are you really sugesting that people hand over their money to someone thay don’t like or that behaves in a way they deem improper? If that’s what being evangelical is, then being evangelical seems to be a very smart move.

        • Wooxer Pt

          “In what world are retailers OBLIGED to take your currency?”

          Everywhere in the world retailers are legally obliged to take a currency as defined by authority (google fiat currency for more information) and usually that authority is local (government) but not always (you can google the petrodollar status for an example) that will enforce it’s use (through police, courts and jails) in case the entity in question doesn’t want to accept the currency in question, whatever currency they deem fit, be it seashells or Bitcoins, he’s not obliged to take a different currency than the legal one, however, some people prefer to choose rather than being forced.

  • Jeremy

    Yeah, and if he’d have accepted those Bitcoins back in July, those Bitcoins would only be worth about 700% that much today. Good thing he was smart enough not to participate!

    • Frank

      Well, if the game is available for 0.00000000 coin, then surely he’s wringing his hands over missing out on 700% of that!

    • Ronfaro

      But he likely would have converted it into cash anyway, and have paid a fee for that.

  • Orv

    I can’t imagine why merchants wouldn’t be ALL OVER a currency that takes hours to process transactions with and which can change value dramatically during that time.

    • Wooxer Pt

      And there are no merchants that use local currencies in third world countries either, they all use seashells and bottlecaps to pay for stuff you know…

      • Nicsho

        I’m really getting the feeling you don’t know how to make an argument, just blast people with words you consider information. We don’t witness a compelling argument when we read your diatribes, we just see a guy who doesn’t see what we do. Ideologically, that’s completely fine, as we need opposing viewpoints, but your juxtaposed position is so outlandish it borders on cult-like obsession, with many of my fellow colleges suggesting you and your companions are, indeed, in a cult quite like Scientology or Jonestown.

        Now, to put my fancy speaker hat aside and speak to you plainly: your not going to convince anyone on Buttcoin.org that they are wrong and you are right, especially by saying “YOU GUYS ARE STUPID AND I OWN A THESAURUS!” Try again, with me, right here. I’ve owned .5 BTC for a few months now via CoinBase, and I’ve actually lost money due to depreciation. Tell me how to use these things, cause I am seriously at a loss other than on something like Silk Road. Or socks. Or one of 15 restaurants that accepts BTC in all of Massachussets (Including Amherst, where Gavin Andressen, the chief scientist on Bitcoin, lives and works on the main source code.)

        • wooxer pt

          “I’m really getting the feeling you don’t know how to make an argument, just blast people with words you consider information.”
          Some of my comments are ironic and mean to ridicule and sure aren’t very bright from an intellectual perpective (like the one you’re responding to).
          However, instead of personal attacks (which certainly aren’t very mature and intellectual either) you could point out the arguments that you consider to fit that criteria and I’ll tell you what you wish to know about them.

          “We don’t witness a compelling argument when we read your diatribes,…”
          It’s on the claimant to prove, not on others to disprove, that’s why you probably feel that my comments don’t bring something new to the table, because in most of my comments (maybe nearly all of those you read) I’m just telling people how their “reasonings” are flawed and cannot possibly support their conclusions.

          “your juxtaposed position is so outlandish it borders on cult-like
          obsession, with many of my fellow colleges suggesting you and your companions are, indeed, in a cult quite like Scientology or Jonestown.”
          My position? What position exactly?
          My companions? Who?

          “…your not going to convince anyone on Buttcoin.org that they are wrong…”
          Ironically enough you’ve accused me of having a cult-like obsession but you’re now attributing one of the most important properties of what makes a cult, a cult, to all people here in Buttcoin.org because if it’s scientific, it’s falsifiable and if it’s cult-like it’s usually (or always, never saw one that wasn’t but I’m giving the appropriate “latitude” here) unfalsifiable.

          “…and you are right, especially by saying “YOU GUYS ARE STUPID AND I OWN A THESAURUS!””
          I cannot identify myself with that sentence, maybe you’re quoting or making a hyperbole of a different person, my views tend to be based in reasoning and evidence alone, not on the amount of words one knows or dictionaries one owns.

          “Try again, with me, right here. I’ve owned .5 BTC for a few months now via CoinBase, and I’ve actually lost money due to depreciation. Tell me how to use these things, cause I am seriously at a loss other than on something like Silk Road. Or socks. Or one of 15 restaurants that accepts BTC in all of Massachussets (Including Amherst, where Gavin Andressen, the chief scientist on Bitcoin, lives and works on the main source code.)”
          I don’t know what to tell you seriously, if you don’t want to use Bitcoin, if you see no value whatsoever in holding on to it, if you do not recognize the value that a decentralized currency has in the world, if you do recognize some of these things but want no part in them, don’t use it, trade it with someone for something else, and be done with it, like you would do with anything else, a guitar or even Fiat currencies or Silver or whatever…

          I’m for freedom of choice, I choose cryptocurrency over FIAT when I can, for myself, because I want to, because I see benefits for the future of mankind in cryptocurrencies gaining, at least, mainstream merchant adoption and mainstream social acceptance, particularly in the field of civil liberties.

          Being against it is usually a ridiculous stance because having people using it won’t hurt those that don’t want to use it in the slightest of ways, that’s why, those that are against it, even if their argument makes sense and is unable to be defeated (never found one though as there are some legitimate benefits) will ultimately boil down to a “it’s their choice to use Bitcoin”, something they cannot argue about, so it’s pointless, much like anti-gay movements only achievement was making gay people feel bad.

          I’ll tell you my reasons of why I use it, be aware that it’s going to be different for everyone and that maybe none of them is important to you:
          -I expect usage will drive adoption up and that hopefully that makes governments open up a bit more and stop forcing people to use whatever they want them to use for their daily lives against their will by adopting less restrictive laws for exchange driving us closer to a free-market economy.

          -I do not trust 3rd parties to hold most of my wealth but I do not want to spend it in illiquid and cumbersome/immovable objects either.
          -I like transparency as it reduces the possibilities of corruption which is something that’s rampant and very concerning as it favors too much big business interests instead of the people’s interests.
          -The underbanked and unbaked of the world can benefit from the ease to buy/sell/transfer internationally that it provides combined with the low fees (some services charge them up to 10% and maybe more), which has the possibility of empowering many places in developing nations, places in which national currencies even as it stands now are more volatile than Bitcoin is and depreciate very rapidly.

          You lost money in the depreciation of Bitcoin? Have you sold it/used it with the lower exchange rate yet? Maybe you didn’t. If you did, well, that sucks, I hope that the money you lost wasn’t very important for you.

          Unfortunately a lot of the Bitcoiners you see around think they’re going to get to be millionaires because of it, maybe they’re right, maybe they’re wrong, I don’t care anyway, greed doesn’t impress me, and unfortunately, it seems like a great percentage of them are in it for the greed alone, that’s why with the notice of a 30k Bitcoin sale (those from the Silkroad) combined with the low volume now managed to produce so much crazyness in the price.

          P.S. I’m banned here so I post as guest.

          • killhamster

            will you shut up already

          • Nicsho

            I’d like to apologize for instigating this.

          • Fluxity

            Jesus fuck look at all those words. Take a hint.

  • hughmanwho

    How are Bitcoins any more imaginary than the US dollar or the Euro?

    Currency pretty much by definition is only valuable if people assign it value.. Bitcoin is the exact same thing.

    • zarawesome

      I guess people are assigning BitCoin an imaginary value.

      • hughmanwho

        Imaginary value of $876.20 at the moment!

        • 3toes

          What’s that value at now?

          • The Beast

            $666

          • hughmanwho

            About $650.. thank god I realize Nxt was superior while it was at 3 cents a piece and is currently at 5 cents each!

        • Lindsay

          Those were the days!

    • Louis Joyce

      US Dollars and Euros have a useful function. Bitcoins do not.

      • hughmanwho

        Yes they do, have you ever tried paying in Bitcoins versus cash online? It’s much easier to do. No cashbacks, you can send someone the equivalent of online cash without worrying about being scammed. Nextcoin even makes interest on itself just by owning it.

        And the government can’t just print more on a whim, devaluing the dollars in your account.. again, especially for Nextcoin, since Bitcoin is currently printing more coins, temporarily but still. which has already been released.

        Oh and it makes it very easy to send cash across the borders and to anyone in the world. I’m telling you, Nextcoin is the future and it you hop on now any Nextcoins you buy will be worth at least 20x as much a year or two from now.

        • Louis Joyce

          Chargebacks make it easier to get scammed because transactions are irreversible. Information is inherently asymmetrical in any transaction (caveat emptor) – the seller almost always has more. Removing chargebacks removes any recourse for disputing transactions by consumers. It simply shifts protections from the consumer to the seller. This makes little sense – a business can recover money by producing evidence that the consumer purchased a product. A consumer can never recover their money without legal action, which can take many years.

          There are already plenty of ways to send cash around the world. Bitcoin removes certain political barriers, but it’s not necessarily the case that’s a good thing if it allows certain actors access to uncontrollable money.

          Nextcoin is better than Bitcoin, which is fatally flawed. But you’re too focused on the “value” of the currency. A currency’s value doesn’t mean anything if there’s no underlying product priced in it – for example, even if Bitcoin really were the world’s only global currency in the future, it still wouldn’t make sense at $800 a coin. 60% of transactions in the world are in USD and it’s not the most valuable currency. Even if a cryptocurrency became a full fledged member of the currency world, you’re throwing money away every time you purchase it at $800 a coin because that just doesn’t make sense or represent their actual value, which is zero. (something like 75-80% of bitcoins have never been spent. if you think bitcoin value is going to rise to 20,000, you’re an idiot for ever spending them on a taco anyway)

          • hughmanwho

            You need to eat eventually.. so spending them on a taco that keeps you alive long enough to see that return.. is worth it.

            Plus you could easily use that same logic to argue that the US dollar is worthless.. after all it basically just boils down to being a piece of paper, yet we use it as if it has a much higher value than that!

          • Wooxer Pt

            Although you were being pretty harsh towards Bitcoin I agreed with you on most things up to this statement…

            “for example, even if Bitcoin really were the world’s only global currency in the future, it still wouldn’t make sense at $800 a coin”

            This statement makes 0 sense for 2 reasons…

            1 – If Bitcoin were the only currency then it could never be 800$ because 800$ would be in a different currency, making it 2 currencies.

            2 – Even if we imagined that the value of the other currencies relative to eachother froze in time when Bitcoin came to replace them and applied the conversion of Maximum Bitcoins to marketcaps we would end up with.

            1BTC = 47600$ for replacing just M0 USD (approx. 1 trillion marketcap as of 2011)

            1BTC = 476000$ for replacing M2 USD (approx. 10 trillion marketcap as of 2011)

            1BTC = 3571000$ for replacing M3 worldwide currency (approx. 75 trillion marketcap, don’t know the date of the estimate, sorry)

            As you can see, even just for M0 USD, Bitcoin would blow past 800$ with ease, let alone all world currency (P.S. numbers for marketcaps may vary widely but they’ll still be enormous)…

        • Ivan Sorensen

          This is all well and good but taco bell doesn’t take internet money and I’m hungry.

          Most people need money-dollars to actually buy stuff, not play with.

      • Wooxer Pt

        That’s being asinine to say the least especially for a currency this new built on a protocol so immature and with the stats that Bitcoin has now, that as much as people may like to say “funny money”, “magic internet money”, “imaginary money” and so on, are pretty damn impressive…
        -more stable than some other real world fiat currencies (from underdeveloped nations)

        -fast transfers and payments (if you consider international payments, and, to some extent, the online realm, face to face it obviously doesn’t have any advantage as of now)
        -not falsifiable
        -low fees
        -global market penetration (although I must say that while it’s impressive it would be much better to have a heavier market penetration in a smaller demographic area first)
        -7,7billion marketcap, more than some countries GDP and more than many of the big companies

        • Joe Hill

          Excuse me but what can you ACTUALLY buy with bitcoins? I don’t mean buy in the sense that the butts go to some exchange company which then pays the merchant in actual money.

          • Wooxer Pt

            Maybe you are not aware that in international commerce all currencies used (euros, yuan, pounds, dollars) are exchanged by the services you mention to pay the merchant in their selected default currency, but now that you know, you can refrain from posting nonsense again.

            Also, in case you just glanced over my comment and didn’t actually read it thoughtfully, the stability that Bitcoin has now is not appealing to most merchants of 1st world countries (however the characteristics of the payment itself are appealing to merchants), it needs to build up more marketcap and services around it in order to stabilize, fortunately, that’s happening at a steady pace.

            Also, why should you ask for someone to excuse you for lack of spending 15 seconds googling what you just asked me? You could literally obtain lists of businesses accepting Bitcoin faster than posting your comment and with the added benefit of writing less characters.

          • Fluxity

            Good job avoiding the question by talking about money exchange services.

          • Wooxer Pt

            Maybe you should re-read as it wasn’t avoided, what he did was an invalid question produced in the format of a known fallacy (complex question) in the sense that the question was loaded (afterwards in this case) with information that, inadvertedly or not, muddles up the question and/or is wrong, making it impossible to create an answer that’s grounded in reality and facts.

            If you’re defending that because the question has a fictional basis I should respond fictionally as well then that becomes a whole other story and it isn’t really up for debate here as I’ll respond to whoever I feel inclined to, fictionally or not, however as you can see by my comment, I wasn’t in the mood to respond ficticiously.

            In this case the loaded information was the assumption that if currency/money is exchanged for other currency before payment, then it’s not money, and that’s wrong, as no definition of either money or currency I’ve ever seen in any respectable dictionary or encyclopedia respect that boundary that was assumed by the asker itself, and I’m not the responsible for finding proof for his implicit claim, he is (burden of proof).

            Now, just for clarification, let’s grab the portion of the comment that is just the question without the loaded part “Excuse me but what can you ACTUALLY buy with bitcoins?”
            First 3 results for the query “list businesses accept bitcoin”
            https://pt.spendbitcoins.com/places/
            https://bitpay.com/directory#/
            https://en.bitcoin.it/wiki/Trade

            Also, for businesses that don’t receive directly in dollars or whatever but receive directly in Bitcoin you have, out of the top of my head but you can google it to confirm, Overstock, a 1.3 billion dollar in yearly revenue company, and also, they keep 10% of all the Bitcoin they receive, there are probably lots more but I won’t traverse the list of businesses that accept Bitcoin for payment searching them individually, too much work.

          • Joe Hill

            I like how you mistake verbose for intelligent and rational.

          • Wooxer Pt

            Verbose is mostly a subjective term and being verbose isn’t exclusionary to it being intelligent and/or rational.

            You tried to sound intelligent but failed, try again, I’m not impressed.

          • Joe Hill

            Verbose isn’t exclusionary to being intelligent or rational? NO SHIT! Most people would say the opposite. But apparently I have to explain every little detail to you: I was pointing out that your pseudointellectual posturing does not make equate to real intelligence or rationality.

          • Wooxer Pt

            “I was pointing out that your pseudointellectual posturing does not make equate to real intelligence or rationality.”

            That phrase makes no sense, what you probably mean is:
            “I was pointing out that your intellectual posturing does not make equate to real intelligence or rationality.”

            Because:
            “pseudo” is a prefix that means roughly “something that appears to be but isn’t”, so if you claim that I “appear intellectual but I’m not” then my posture is obviously that of an intellectual to you even though you express your disagreement that I’m really one.

            My response:
            Because you cannot judge someone’s intellect by it’s “posture” alone I suggest that you find whatever I said that you think might be wrong and point out the flaws accordingly as that’s the only way you have of proving the pseudointellectuality that you claim I have.

          • killhamster

            can you maybe not spray verbal diarrhea everywhere for a while?

          • wooxer pt

            I (Wooxer Pt) was writing the following response:
            The concept of verbal diarrhea differs from person to person, to you what I said was verbal diarrhea, to me what you said is also verbal diarrhea, so either we spray our verbal diarrhea to eachother or we put the labels aside and talk constructively, your choice.

            But then when I got to posting I found out that I was blocked, it’s interesting when the mods of a website don’t have the courage and/or the intelligence to either make a valid point or admit they’re wrong and have to resort to petty tactics like this.

          • Nicsho

            Are you kidding?

          • Joe Hill

            Again, if the business is actually receiving currency and not bitcoin, it’s not money. If you pay a business with a personal check, they are receiving actual money from a bank account, not a fancy slip of paper.
            Cry more, Buttcoiner.

          • Wooxer Pt

            “If the business is actually receiving currency and not bitcoin, it’s not money.”

            Again you’re wrong, Bitcoin is a currency because of all of those that use it as such (check the definition of a currency just in case you’re confused about what “currency” means), so to me your phrase becomes “Again, if the business is actually receiving currency and not currency, it’s not money”, which is ridiculous.

            “If you pay a business with a personal check, they are receiving actual money from a bank account, not a fancy slip of paper. ”
            When they get a check, what they’re getting is just an IOU, it’s incomparable to Bitcoin as with Bitcoin the ownership is transfered directly, no IOU’s needed (you have Ripple for that, as an example), like a bank note for example.

            If they deposit the check instead of cashing out, now being a bit more detailed, what happens is a subtraction from a number from one account and respective addition of that number to their account in the banks centralized account ledger, which is exactly the same thing that Bitcoin does, except for the difference that Bitcoin’s ledger isn’t centrally controlled.

            “Cry more, Buttcoiner.”

            What are you? 12? I won’t get worked up with you, if you want to prove a point, do so.

            P.S. If you want to know why I responded like I did before and now and what businesses can and do take Bitcoin directly or indirectly, read this comment I’ve made to “Fluxity”:
            http://buttcoin.org/cards-against-humanity-kindly-tells-bitcoiners-to-please-go-fuck-themselves#comment-1418409798

          • Joe Hill

            Again you’re not answer the question. If the business receives cash money like USD and not simply bitcoins, they aren’t actually taking bitcoins. Look at the following scenario.

            Let’s say people start trading bottle caps. I have a shop where I price things in bottle caps. But when you actually pay, those bottle caps go to some intermediary which magically transforms the bottle caps into money and then pays me. In this sense I am not actually accepting bottle caps, it just so happens that in this society somebody, somewhere, has put a value on bottle caps, enabling intermediaries to resell them and transform them into actual money. Bitcoin has its speculators which do this. Eventually bitcoin will crash and then those exchanges won’t be able to turn them into cash anymore.

          • Wooxer Pt

            Your logical fallacy is “begging the question” because you already made that point using other words and I’ve demonstrated it to be incorrect, either show why I’m incorrect or move on because saying the same things over and over will stop generating a response from me.

            “it just so happens that in this society somebody, somewhere, has put a value on bottle caps, enabling intermediaries to resell them”
            If people put a value in something and other people accept it, it’s money, deal with it.

            There are companies that take Bitcoin directly like Overstock, if you had followed the link I’ve posted to read the response to “Fluxity” you would know that.

          • Fluxity

            Would you please stop clogging up my email box goddman

    • MokiMoki

      Because one is backed by some credibility, gold, stocks, people, income, import/export and one is based around data mining with a pc.

  • dfgdfgdgdfgfd

    Hi. I made my own set, but I would have also bought a set from you with Bitcoins. This article was dredged up again today. I’m sorry you don’t accept Bitcoins. You won’t be getting my business.