Be Warned!

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With the flucuations in Bitcoin prices it is not a good idea to send the monetary value of your Bitcoin to another party if you agreed on a set amount of Bitcoin.

Here is what happened to me. I tried to purchase mining speed with Bitcoin but I sent it with Coinbase as the USD equivalent. The transaction didn’t go through and my money was lost in the Block-chain.

You see the Block-chain is set up for a clean transfer money. Meaning you don’t have a clean transaction if the market falls and you sent the coin as the government issued equivalent. This is called a Bad Block. It may be a flaw in the design of the Block-chain or maybe it was intended to push people away from using government issues.

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The Renagade

Anthony Antolic has a full-time job working at Derect Marketing Solutions in Vancouver Washington. He runs Anarchy Empowered on the side. Anthony feels it is important to bring back morality for the sake of our culture.