Silk Road was shut down and the FBI has arrested the man who runs and created the most sophisticated online drug bazaar to date. Ross William Ulbricht was arrested on Tuesday afternoon charging him with drug trafficking, money laundering and computer hacking, according to CNN Money on Oct. 2.
You will have much better conversion if you’ll put your visitors into pre-sold mood before sending them to our site. Pre-sold mood means that you build interest in product and visitor has decided to potentially buy it after he reads your product review.
A short history lesson: When people first started setting up actual business based on Bitcoin, they used all of the tools available to any merchant. They sold by credit card and PayPal. The problem with this business model was quickly spotted: bitcoin transactions are not reversible by anyone except the recipient of the money. Credit cards and PayPal have strong buyer protection policies that make it relatively easy for people to request a chargeback. So, nefarious individuals realized this and began making purchases of Bitcoin Paper Wallet and then sooner or later requesting a chargeback. And, since bitcoin is a non-physical product, sent by new and poorly understood technological means, the sellers were not able to contest this. Because of this, sellers stopped accepting credit cards and PayPal.
12/5: While we usually discuss fraud and scams, user “badguy23” gives us a look at the other side of the coin, where he tries to trick a sushi restaurant into replacing on a nonexistent order while on-air. Limitles calls in and gives his Christmas list for the radio hosts and the forum’s other users. Colonel Nigel Fabersham interviews an Aria floorman about their new Multi-Hand poker tables, but a weird twist occurs during the call. We discuss the failure of the new Revel resort in Atlantic City. We talk about the drama between Gobboboy, his mom, his dog, and his former friend Adam Junglen. Erik Ryland checks in and talks about his eyebrows. [Visit Website] [Download MP3].
The Gold CombiBars are minted to a size that is similar to a credit card for the express purpose of fitting into your Bitcoin Paper Wallet and being easily carried with you as you travel or simply go about your day.
During the late 70s and early 80s the country went into debt for state funded projects, a war against the U.K. for the Falklands islands, and state takeover of private debts. Compare that to the U.S. experience.
12/3: Adam and Chris discuss their recent results, Tourney Tracks, Chris Moorman’s recent win, the Reid Kyl bill and more. [Visit Website] [Download MP3].
These projections would seem to indicate that the current policies of the Fed are not helping the economy to recover, and are merely sustaining it artificially. The Keynesian school of economics explains this through the concept of a liquidity trap, while the Austrian school of economics explains this through the concept of malinvestment.