This page has been archived and commenting is disabled.

In California, A Tesla Has Now Been Bought With Bitcoin

Tyler Durden's picture





 

Submitted by Mike Krieger of Liberty Blitzkrieg blog,

I’ve been waiting for this headline. It was just a matter of time before the exchange of BTC for a Tesla happened. The purchase took place at  Lamborghini Newport Beach in California, and this isn’t just a one time gimmick. The dealership has announced that:

Lamborghini Newport Beach in California is proud to announce that we are fully capable of accepting Bitcoin as payment for vehicles.  We are excited to be opening the door to this new currency.

 

Bitcoin, a fully encrypted and fully digital currency, has been used by a recent client of ours to pay for a Tesla Model S Performance we had in our inventory.  That's right, an electronic currency was used to purchased a fully electric vehicle.

This is what you see if you go to the dealership’s blog:

 

The world is changing fast (you can even buy airline tickets for BTC), as well as purchase a “Bought with Bitcoin” shirt.

 


- advertisements -

Comment viewing options

Select your preferred way to display the comments and click "Save settings" to activate your changes.
Thu, 12/05/2013 - 20:15 | Link to Comment Dear Infinity
Dear Infinity's picture

Spoiler alert: The Chinese Premier bought it while on Vacation after using Bitcoin to evade his country's capital controls!

The Philosopher's Stone of 2013, learn to turn electrobits into electric motors.

Thu, 12/05/2013 - 20:21 | Link to Comment aVileRat
aVileRat's picture

At the peak of the tulip bulb crisis a guy purchased a dutchy for a rare 'blue tulip'. 8 months later it turned out the tulip was easily reproducable with this magic new technique called 'cross pollenation'. Tulip price crashed. The Duke took his kingdom back after they realized Tulip rarity was not backed by anything but someone else's interest to outbid the last idiot.

Good luck reporting the cryptocurrency profits in USD.

 

Thu, 12/05/2013 - 20:23 | Link to Comment negative rates
negative rates's picture

Was that a down payment or was she paid in full bits?

Thu, 12/05/2013 - 20:42 | Link to Comment Stackers
Stackers's picture

Rothschilds must be shit'n in their pants about now.

Thu, 12/05/2013 - 20:45 | Link to Comment lemonobrien
lemonobrien's picture

dude, this is all controlled.

Thu, 12/05/2013 - 20:51 | Link to Comment willwork4food
willwork4food's picture

Besides, Rothschilds NEVER shit. They privy. You & me, well...

Thu, 12/05/2013 - 20:55 | Link to Comment Enslavethechild...
EnslavethechildrenforBen's picture

Bit coin. Perfectly legal. Until its not. Then you're fucked. And completely broke. Just like with counterfeit paper hundred dollar bills.

Thu, 12/05/2013 - 20:56 | Link to Comment tsx500
tsx500's picture

COUNTDOWN to IRS audit of Newport Beach Lamborghini in  3 .... 2 ... 1  .  .  .

Thu, 12/05/2013 - 21:09 | Link to Comment Deo vindice
Deo vindice's picture

Here today. Up in flames tomorrow?

Trying to make the currency match the product?

Thu, 12/05/2013 - 21:39 | Link to Comment knukles
knukles's picture

Ya' know, I've got nothing against BitCoin.... except the constant ravings of some folks claiming it's GodLikeStatus...
But individual's ravings aside, may the buyer burn to death in his fucking taxpayer funded New Age Ultra Energy Conservation NoMoreManMadeGlobalWarming Horseshit Rich Man's Toy Suppposedly for the Common Man.

And I mean burn to fucking death.
Painfully.

It's the fucking taxpayer subsidy with which I have the problem.
Plus, I've never met anybody not an ass-hole who shops at or drives Lamborghinis.

 

PS and to make you people even happier with my sentiments, Newport Beach is the home of PIMPCO

Thu, 12/05/2013 - 21:50 | Link to Comment lickspitler
lickspitler's picture

Speaking of things going to ZERO just looked at Gold and Silver miners. Now that was a bubble it's carnage out there. Taking bets HUE or Bitcoin first to ZERO.

Fri, 12/06/2013 - 00:49 | Link to Comment TruthInSunshine
TruthInSunshine's picture

When will the IRS accept bitcoin as remittance for tax liabilities?

Wait a minute...this is getting all double-edge sword like profound...

Thu, 12/05/2013 - 21:59 | Link to Comment nmewn
nmewn's picture

My sentiments exactly.

Now, if governments accepted the BitCredits of Lord Satoshi's fashionable geek-squad disciples, as the subsidy for their "green shit", I wouldn't have a problem with it.

But they don't, it insists I subsidize their "green shit" with my labor as they allow a ponzi to run alongside its own ponzi.

I have a serious problem with that.

Thu, 12/05/2013 - 22:09 | Link to Comment tmosley
tmosley's picture

Wishing death on people who aren't central bankers or even work for the government?  That's bad form.

Thu, 12/05/2013 - 22:30 | Link to Comment jcaz
jcaz's picture

Pssstt-  Mr Lamborghini?   You might want to check with your lawyers before you get too excited-  one thing we know with cetainty is that Bitcoin is NOT "legal tender".

At best, it's a weird barter trade.

Thu, 12/05/2013 - 22:35 | Link to Comment nmewn
nmewn's picture

Wishing death on parasites is not bad form.

Thu, 12/05/2013 - 23:01 | Link to Comment hungrydweller
hungrydweller's picture

ANYTHING that is electronic is CONTROLLABLE!  REAL money is not controllable.

Thu, 12/05/2013 - 23:42 | Link to Comment mrmister
mrmister's picture

Exactly.

Fri, 12/06/2013 - 00:14 | Link to Comment fonestar
fonestar's picture

No, everything that is digital is definitely not controllable.

Fri, 12/06/2013 - 01:24 | Link to Comment TripTrip
TripTrip's picture

Haters gonna hate. 

Thu, 12/05/2013 - 23:01 | Link to Comment hungrydweller
hungrydweller's picture

I am completely sure that the dealership immediately converted their buttcoin "hard" asset to fiat as soon as possible.

Thu, 12/05/2013 - 23:05 | Link to Comment hungrydweller
hungrydweller's picture

Great job converting electronic bitshit to a hard asset!

Thu, 12/05/2013 - 20:57 | Link to Comment tsx500
tsx500's picture

Winning !

Thu, 12/05/2013 - 20:47 | Link to Comment SILVERGEDDON
SILVERGEDDON's picture

A cheap P.R. stunt for the Muskinator and his btcoin bum buddies. 

Advertizing for nothing, sheeples for free. 

Thu, 12/05/2013 - 21:40 | Link to Comment One World Mafia
One World Mafia's picture

Elon Musk, CEO & CTO of SpaceX and CEO & Chief Product Architect of Tesla Motors, gets a ton of govt $ in collaberation with NASA.

Thu, 12/05/2013 - 21:43 | Link to Comment knukles
knukles's picture

Scum-sucking off the taxpayer via the Potentates of New Versailles.

 

Thu, 12/05/2013 - 20:26 | Link to Comment Exponere Mendaces
Exponere Mendaces's picture

I see the usual retards are out in force. You really should take your meds and get a good night's sleep. Nothing you say is partcularly relevant or even amusing. Well, maybe to yourself, farting in the bathtub.

Thu, 12/05/2013 - 20:30 | Link to Comment dick cheneys ghost
dick cheneys ghost's picture

does phonestar have the day off?

Thu, 12/05/2013 - 20:37 | Link to Comment akak
akak's picture

You seem to be (naively) assuming that ExponentiallyMendacious and BCFoneHome are actually two different posters.

Fri, 12/06/2013 - 00:19 | Link to Comment fonestar
fonestar's picture

Yes, because everyone here must hate Bitcoin right?  You are a bunch of morons.

 

WE ALL LOVE YOU ON THIS FORUM SATOSHI!!

Fri, 12/06/2013 - 00:42 | Link to Comment RideTheWalrus
RideTheWalrus's picture

Satoshi is the code name for Tim Osman

 

Fri, 12/06/2013 - 02:14 | Link to Comment thisandthat
thisandthat's picture

Should be called gaycoin, it seems...

Btw, Japanese put surnames before given names - so all hail Nakamoto Satoshi's Algorithm - yay...

And then, there's this: http://bits.blogs.nytimes.com/2013/11/23/study-suggests-link-between-dre...

Fri, 12/06/2013 - 02:36 | Link to Comment Againstthelie
Againstthelie's picture

Found on tfmetalsreport:

There is no way to stop what is going to happen to bitcoin. It's an issue of sociology. It's an issue of human greed. It's an issue as to WHO created bitcoin and WHY.

Who is the single largest holder of BTC right now? "Satoshi". Who is he? I will say it again. NSA/DARPA created bitcoin under the guidance of the IMF. The IMF has been openly calling for a digital, one-world, deflationary currency for 2 decades. OPENLY. It has been discussed and promoted OPENLY at G8 and G20 summits.

from the early 90s-96 the NSA was OPENLY investigating cryptographic money networks. http://groups.csail.mit.edu/mac/classes/6.805/articles/money/nsamint/nsamint.htm

One of their researchers and investigators is a man named Tatsuaki Okamoto. When they actively started writing the code they chose the pseudonym "Satoshi Nakamura" to ultimately promote the idea that Tatsuaki Okamoto to any and all who investigated the source of bitcoin long enough. But Tatsuaki Okamoto is just a cog. He's not some rogue savoir out to topple centralized banks. Not at all. He is a crypto scientist who was paid by government and intelligence agencies to do research.

Bitcoin is an NSA/DARPA lab set into the wild. Scientific technology grants issued by government and intelligence agencies are how these labs are funded and promoted. The regulation and control of bitcoin has been actively developed alongside the development of the network. In fact, the controls, policy and regulation are WAY WAY more mature than the bitcoin protocol itself. That's why we see things like Greenlist written into law without a mention of bitcoin until recently.

This is not tinfoil hattish. This is just reality. No one forced ANYONE to believe the Satoshi fairytale. The libertarian Satoshi myth has been promoted in stealth to specifically promote ADOPTION and DEVELOPMENT. It's no different than the internet and WWW itself. EXACTLY the same. That is why you see many www early adopters saying bitcoin "feels" the same as the early internet. I am one of those people.

In 94-96 the public internet was ALL about freedom of information. FREE COMMUNICATION. It was ALL about liberty and freedom. I wish i could transport some of you back in time so you could see for yourselves. The promise of free phonecalls with the freeworlddialup, free media with IUMA and the MBONE. All this freedom and liberty had people pouring their heart and soul into developing it. Now look at it. Facebook, google.. it is a GIANT SURVEILLANCE grid. And if you look for and read DARPA/NSA docs from the 80s and early 90s that was what it was always meant to be. I am not discounting all the socially great things that happen online.. But from the perspective of DARPA/NSA and control freaks.. it was created for the express purpose of control. A military purpose. A strategic purpose.

What is bitcoin? Bitcoin IS the one world digital currency. We all have a deterministic UUID that has been generated from our biometric data. This UUID will be related to all your datastores. This UUID is your mark. This UUID is what is used to buy and sell online and in the real world. This UUID is the primary key in your Greenlist identity.

Coinbase, blockchain.info and it would appear Coinsetter are inline to be the first to roll out the incoming policy and regulation. This policy and regulation is WORLD WIDE. It is CORPORATE. It is not about governments. Governments ADOPT corporate organized policies. If you think this is new than you need to investigate ACH and NACHA. https://www.nacha.org/aboutus%20http://www.slideshare.net/Earthport/nacha-payments-2013-complementary-paths-to-global-ach-earthport-federal-reserve-financial-services-hsbc

Bitcoin is THEIR network. And for the minority early adopters that is going to be a hard pill to swallow.. But for those in the know.. Like Gavin, it's PAYDAY. Realization and monetization of their massive bitcoin holdings is being guaranteed by regulators. That is why they are all literally RUSHING to regulate.

Legitimization of bitcoin is all about hosted wallets. The centralization of bitcoin. Hosted wallet providers approve/dissaprove transactions before they are actually issued on the network. Greenlist enabled wallets will be the fastest. (offline transactions). Greenlist enabled wallets will be hooked directly to your bank account, ease of buying and selling. Greenlist enabled exchanges will have the largest market with the best prices. Greenlist enabled wallets will completely eliminate risk of stolen coins. No more security worries AT ALL. And this is what the masses have come to expect. And this is why it's going to happen. And Greenlisted wallets will be accepted everywhere. And in the physical world you will identify yourself and your wallet with your biometrics.

https://bitcointalk.org/index.php?topic=173715.0

TL;DR bitcoin is a global digital currency, regulation was created in tandem with development and adoption, bitcoin is not and never was meant to be a liberty promoting value exchange. There is no "satoshi". The central banks are already the largest holders of bitcoin. Bitcoin IS going to the moon because of this. http://www.reddit.com/r/conspiracy/comments/1r7iks/bitcoin_was_created_by_darpa_xpost_rbitcoin/ Source: http://forums.thechaniproject.com/topic/6465-bitcoin-was-created-by-darpa/

__________________________

Ok, things are already fitting very well, but the undisputable evidence, that a centralization plan would be behind this, is still missing, isn't it?

 

Watch his video:

Bitcoin: What You're Not Being Told

http://www.youtube.com/watch?v=PfeA94BedQI

Isn't that brilliant? They construe a protocol that is creating exponential data load. Such a brilliant cryptocurrency system, but it scales as if a kid would have programmed it! Get it?

PROBLEM-REACTION-SOLUTION

They plant the problem, wait for the reaction and then will offer the solution.

That's the mechanism how they will get the centralization and reglementation into the system! And the Bitcoin sheeple will demand a solution for the problem with their beloved "independent" currency. Yes, they will receive all help they need. Big Brother will solve your problems since Big Brother has created this wonderful currency just for you!

And once this is centralization will be established, they will stop printing money, collapse the Yen, USD and EUR, the national currencies, and all that will remain working as useable currency will be their One World Currency: Bitcoin.

Fri, 12/06/2013 - 06:07 | Link to Comment malikai
malikai's picture

I was happily reading your drivel until came across this lulz:

What is bitcoin? Bitcoin IS the one world digital currency. We all have a deterministic UUID that has been generated from our biometric data. This UUID will be related to all your datastores. This UUID is your mark. This UUID is what is used to buy and sell online and in the real world. This UUID is the primary key in your Greenlist identity.

..and then I couldn't stop laughing.

Fri, 12/06/2013 - 17:41 | Link to Comment thisandthat
thisandthat's picture

Actually, it's very plausible and well within character:

http://www.zerohedge.com/news/2013-11-27/presenting-bitkillers-these-are...

...and nothing that would surprise me, either:

http://www.zerohedge.com/news/2013-12-04/hugh-hendry-goes-bitcoin-bull-r...

http://www.zerohedge.com/news/2013-10-28/obama-asks-if-he-should-be-worr...

It's the libertard's paradox: dress it as against the system, and, instead of fighting it, they'll do all the work for you, violently rejecting any hint of evidence they're the useful idiots.

Some more food for thought:

http://www.bibliotecapleyades.net/sociopolitica/esp_sociopol_cooper6.htm

http://www.bibliotecapleyades.net/sociopolitica/esp_sociopol_cooper6a.htm

Fri, 12/06/2013 - 10:26 | Link to Comment SquirrelButtDan
SquirrelButtDan's picture

Hmm...perhaps this is why Bitcoin has takin off this year (especially after fiscal crisis/cliff and .gov shut down). :/ :\

Thu, 12/05/2013 - 20:52 | Link to Comment SILVERGEDDON
SILVERGEDDON's picture

Hey, shove that Exponere Mendaces back up your poop chute to marinate in wisdom for a few more weeks.

Your pithy witticisms are pith poor. 

Now go sit in the corner, and finish off that warm brown popsicle you were working on.

Subtle hint - that ain't chocolate flavor, Expo.................. 

Fri, 12/06/2013 - 00:49 | Link to Comment Exponere Mendaces
Exponere Mendaces's picture

Bitcoin is your future, whether you like it or not. No little witticisms can save you, or a complete string of periods in a row.

You'll have to deal with it, and from someone as angry and inflexible as you, I'm sure the results will be HILARIOUS.

Keep on creakin' grandpa.

Fri, 12/06/2013 - 03:29 | Link to Comment Colonel Klink
Colonel Klink's picture

I'm assuming bitcoins are legal tender for dildos?  That way you can go fuck yourself!

Thu, 12/05/2013 - 20:54 | Link to Comment Big Corked Boots
Big Corked Boots's picture

Your post hasn't made a contribution to the discussion either.

Thu, 12/05/2013 - 21:11 | Link to Comment Yenbot
Yenbot's picture

Shorting Exponere. Winning!

Fri, 12/06/2013 - 00:50 | Link to Comment Exponere Mendaces
Exponere Mendaces's picture

Oh, another jab. I'm so CUT TO THE QUICK. You quoted a SHEEN-ism. How current and vogue!

Or, you're just another mainstream wannabe that will be absorbed by the Bitcoin army.

Yeah, it must hurt, knowing that you can't even figure out Bitcoin, or how it works. That's okay - it will dominate your life anyway.

 

Fri, 12/06/2013 - 00:17 | Link to Comment fonestar
fonestar's picture

Thank-you for watching out Exponere.  I'm back and I have these tards under my control.

Fri, 12/06/2013 - 02:08 | Link to Comment NidStyles
NidStyles's picture

Go away statist.

Fri, 12/06/2013 - 02:55 | Link to Comment fonestar
fonestar's picture

fuck off troll

Thu, 12/05/2013 - 20:57 | Link to Comment max2205
max2205's picture

I told them not to say anything...now to figure out the sales tax..dagnabit

Thu, 12/05/2013 - 22:04 | Link to Comment tmosley
tmosley's picture

I wonder what people would be saying about this story if you replaced the word "bitcoin" with "gold".

Probably something about how gold was again being accepted as currency and how this boded well for a coming explosion in price.

For all those comparing bitcoin to tulips, I would appreciate it if you could tell us how we can create more bitcoins.  I tried planting the thumbdrive with my wallet in the ground, but nothing is coming up.  Tulips reproduced on their own, you know.

Thu, 12/05/2013 - 21:01 | Link to Comment rubiconsolutions
rubiconsolutions's picture

But can the buyer go to the DMV and pay those registration fees with BTC? And how will the IRS deal with the sale? Will they accept BTC for the taxes? Same with the state of California?

Thu, 12/05/2013 - 22:14 | Link to Comment TheHound73
TheHound73's picture

I think you know the answer to all these questions (or you should), you just like to watch yourself type.

 

Fri, 12/06/2013 - 00:50 | Link to Comment digi
digi's picture

Fuck the DMV, Fuck registration, Fuck the IRS, and Fuck taxes. Any more questions?

Thu, 12/05/2013 - 23:05 | Link to Comment Jumbotron
Jumbotron's picture

HAHAHAHAHA !!!!    ROTFLMFAO !!!!!

Only in California can you buy a car that will BURST into flames with a currency that will BURST into flames as well.    LOL !!!!!

Thu, 12/05/2013 - 20:14 | Link to Comment frankTHE COIN
frankTHE COIN's picture

TITs n Coin will get you far.

Thu, 12/05/2013 - 20:18 | Link to Comment icanhasbailout
icanhasbailout's picture

you misspelled "on fire"

Thu, 12/05/2013 - 20:20 | Link to Comment Exponere Mendaces
Exponere Mendaces's picture

Funny how the press never mentions the recalls for potential gas engine fires, eh?

But keep it up with that snark, I'm sure you're all superior and shit.

Thu, 12/05/2013 - 20:25 | Link to Comment akak
akak's picture

Methinks the bitcointroll doth protest too much.

Hit a nerve?

Now go pop some zits ... and get da Hell offa my lawn!

Thu, 12/05/2013 - 20:28 | Link to Comment Exponere Mendaces
Exponere Mendaces's picture

Oh right, the "greyback" gorilla of troll-dom himself. How is that working out for you? Feel like you've won your own personal waterloo every time you take the "techies" on? Does it bring a smile to your faded features? Maybe remind you of your younger days, when you had the balls to fight for something?

Thu, 12/05/2013 - 20:32 | Link to Comment zerotohero
zerotohero's picture

Give it up Exboner - your not in up to the fight

Thu, 12/05/2013 - 20:36 | Link to Comment Exponere Mendaces
Exponere Mendaces's picture

With that witty reply - zeroto whatever - you certainly TOLD ME. Man, do you even TRY?

"your not in up to the fight"

Did you possibly mean, excluding hillbilly english, or whatever backwoods bob dialect you are fluent in - "You aren't up to the fight"?

Oh man, you guys are total barking morons.

Thu, 12/05/2013 - 21:42 | Link to Comment Ness.
Ness.'s picture

Did you have any luck signing up for Obamacare yet... or are you still covered under Mom and Dad?

 

 

Thu, 12/05/2013 - 21:56 | Link to Comment mofreedom
mofreedom's picture

I'd trust anyone who spoke "bob dialect" for public office over 95% of the current farce we have in there now.

Speak English, or Bob!!!

Thu, 12/05/2013 - 20:37 | Link to Comment akak
akak's picture

I apologize for the zit-popping comments --- you are clearly still in the shitting-the-diaper stage.

Thu, 12/05/2013 - 20:43 | Link to Comment Exponere Mendaces
Exponere Mendaces's picture

Oh akak, you card.

I know you're busy booking the next autogyro to Siam, but if you could, try to put in a good word for me to the good Count Rheinholm? I know you're such a world traveler and all, at least - in your mind.

Thu, 12/05/2013 - 20:54 | Link to Comment willwork4food
willwork4food's picture

Now,now boys. Play nice.

Thu, 12/05/2013 - 21:03 | Link to Comment Deo vindice
Deo vindice's picture

Hey Tyler - how about a room off to the side for those who want to exchange pleasantries that have zip to do with the thread.

You know, kind of like a "time out" for kids who are acting up and not listening to the adults.

Fri, 12/06/2013 - 00:51 | Link to Comment Exponere Mendaces
Exponere Mendaces's picture

Yeah, Deo vindice needs to take his neon-colored kidspawn avatar and clear out, you know? What is this, BREEDERS WEEKLY?

Seriously though, what is up with the kid picture. This isn't effing' OPRAH network.

Fri, 12/06/2013 - 01:35 | Link to Comment Skateboarder
Skateboarder's picture

Pinche cabrón.

Fri, 12/06/2013 - 04:40 | Link to Comment Deo vindice
Deo vindice's picture

The "kid picture" is one of the few I have of my grand-daughter who died recently at 7 weeks of age.

After a serious but routine surgery was botched, we got to hold her while they disconnected her life-support.

But thanks for asking.

Fri, 12/06/2013 - 04:46 | Link to Comment akak
akak's picture

My condolences DV.

I hope you do not take to heart the bitter bile spewed by the above unbalanced poster.

Fri, 12/06/2013 - 05:05 | Link to Comment Deo vindice
Deo vindice's picture

Thanks Akak. No. Life is too short and precious to allow that.

The world will never know her, but we will never forget her.

Fri, 12/06/2013 - 05:33 | Link to Comment akak
akak's picture

I can sympathize with you in a way, DV, as I was very nearly that same baby myself.  I was born severely premature, and only a radical and untested experimental treatment saved my life in my first few days.  By all rights, I should not have survived.  I am just so sorry that the outcome for your granddaughter was different than my own.

Fri, 12/06/2013 - 05:53 | Link to Comment TheFourthStooge-ing
TheFourthStooge-ing's picture

Exponere Mendafeces is clearly an example of the contemptible phenomenon known as Poltroonian citizenism.

Thu, 12/05/2013 - 20:54 | Link to Comment SILVERGEDDON
SILVERGEDDON's picture

Dude - you have no balls. Entire lifetime diet of hormone meat has estrogen-ed you into bitchy female - ness with a really ugly clit.

Thu, 12/05/2013 - 21:04 | Link to Comment Deo vindice
Deo vindice's picture

(Hint) Feeding the animals in the zoo is not a reflection on the quality of the animials, but on the one doing the feeding.

Thu, 12/05/2013 - 21:49 | Link to Comment Rusty Shorts
Rusty Shorts's picture

yes indeed.

Fri, 12/06/2013 - 00:53 | Link to Comment Exponere Mendaces
Exponere Mendaces's picture

So, you mean to say you're a BALL EXPERT? That's a bit disturbing. Shame that Bitcoin will absorb you into its digital realm anyway. You hardly deserve the benefits. Perhaps you can form your own crusty old man network that secretly hates it, after it gets adopted by most sovereign nations on earth.

Maybe a protest organized in outer orbit? Shoot for the stars, pendejo!

Fri, 12/06/2013 - 02:12 | Link to Comment NidStyles
NidStyles's picture

You sound like a middle aged former house wife that smokes two packs a day.

Fri, 12/06/2013 - 01:50 | Link to Comment Miffed Microbio...
Miffed Microbiologist's picture

Well, technically a grey back gorilla is female unless you meant this as part of your insult. The term for a male adult gorilla is "silverback". A term I don't think akak would mind.

Though I have no qualifications to join the debate I did ask Mr Miffed, who is in software architecture, why he does not participate in Bitcoin. He said he would not trust it as a medium of exchange unless it was between 2 unique parties that have exchanged a mutually agreed upon key for transaction. Then he launched into a long winded explanation on ciphers and cryptography and I got a bit lost. I hope using Bitcoin works out for you but, as in anything, it's always wise not to put all your eggs in one basket.

Miffed;-)

Fri, 12/06/2013 - 04:42 | Link to Comment akak
akak's picture

I guess all of us gorillas look the same to a jackass.

Fri, 12/06/2013 - 14:56 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

I follow it, comp sci here as well.
Once we have trusted parties with encrypted & signed messages we don't need a bit-coin, our own voucher is good enough.
The encryption is just to protect the content itself (vouching for what) and the signature is the voucher (to assure it's not a fake party).
Who needs bitcoin then: it could be an agreement for later barter. Meh.

Thu, 12/05/2013 - 20:34 | Link to Comment aVileRat
aVileRat's picture

Find number of gas fires started by the ENGINE BLOCK igniting % per number of cars sold. Go ahead and pull the national insurance tables at GBS/Chicago economics from 1915 when the cournot engine was 'new'. Go see the number of GM engine fires per car sold. Be sure to deduct car fires started by gas tank rupture. Not that passionate about your Musk defense ? Spoiler: 4% per 1,000 sold for GM. 21% for Tesla. Do you really want to do some stat mech or will you shut up. 

Now compare that to the electric car for all 9 versions since 1927. Now do this for Hydrogen cells starting with Ballard 1.

IF we did not have something as stable as petroleum, we would have had to invent it or urbanization would have been DOA like cities in the US midwest. 

Musk is stamped out until he figures out a new battery tech. If it was this easy, Toshiba & Samsung would have been there 9 years ago when LiO battery fires forced chipmakers to throttle gen3+ laptops lest they ignite on your lap.

Big difference between having the balls to fight something and picking a mud bog to die on, thinking it's a hamburger hill.

Thu, 12/05/2013 - 20:40 | Link to Comment Exponere Mendaces
Exponere Mendaces's picture

Wow, petroleum is STABLE?

Did you actually type that in an actual sentence? Wow, that must be why there's all that FIRE SUPRESSION EQUIPMENT around when it is stored in great quantities.

You must be a laugh at parties, squirting your 90 octane personal hipflask around the BBQ. Wow man, and you actually went and pulled some "stats"... oh ahahah oh man. Hold on, I think you're trying to have a brawl in the library or something.

Look, energy density is a function of chemicals at this current juncture in technology. To say one is STABLE and better than the other ignores how these things are made.

Thu, 12/05/2013 - 20:44 | Link to Comment Ralph Spoilsport
Ralph Spoilsport's picture

The idiot troll infestation is getting worse. Sad, they're too stupid to be any real fun. Like swattin' flies....

Fri, 12/06/2013 - 00:53 | Link to Comment Exponere Mendaces
Exponere Mendaces's picture

Yeah Ralph, I don't know why you bother posting anymore. Can't you just put the keyboard down and let the prisoners who need it more their slot of time? Talk about selfish...

Thu, 12/05/2013 - 20:55 | Link to Comment aVileRat
aVileRat's picture

Elon, is that you ? Didn't the board tell you to stop leading every sentence with a spergy ad homin because of that "funny" NYT response ? 

Seriously. Lets ignore energy density. Fire Supression gear is to prevent the event of ignition. On it's own, a barrel of crude will not spontaneously combust as you EXTRACT THE ENERGY FROM IT via a HOSE to the MOTOR. A LiO battery WILL. So will a NiCad. Pull too much current and the storage flask (battery) and lines will ignite.

If you are going to focus on supression gear, then how are you going to handwave away the toxic emissions and waste generated by battery production. Do you think Lithium is produced from Unicorn farts ? Any clue how they dispose Cesium/Arsenic tailings from the purification process to get that 99pc wafer ? Still keen on that 'zero emission' hopium ?

Out of your league Exponere, go do some zero-sigma work before posting.

 

Thu, 12/05/2013 - 21:13 | Link to Comment chemystical
chemystical's picture

"On it's own, a barrel of crude will not spontaneously combust as you EXTRACT THE ENERGY FROM IT via a HOSE to the MOTOR"

 

To be 100% correct, NOTHING will "spontaneously" combust on its own.  Everything needs help from some other source.    Crude oil will absolutely autoignite under the right conditions, but those conditions are examples of "the source".

Thu, 12/05/2013 - 22:17 | Link to Comment Trucker Glock
Trucker Glock's picture

I'm working on an engine that runs on cotton rags soaked in linseed oil.  Just toss them in the glove box and go.

Thu, 12/05/2013 - 21:26 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

what? no.
It's not the rate of depletion, I've never had a battery do that before.
It's when it gets hot and CRACKS then the atmosphere can get in. That nice gaseous stuff we breathe which is carrying water vapor.
THAT is when you have problems.
In a more personal note I found an old cell battery (don't have the phone), it is lithium and it's bulging.
It's YEARS out of use but I can only IMAGINE what it will do when it DOES crack open.
Not good.

Thu, 12/05/2013 - 21:32 | Link to Comment akak
akak's picture

MDB, I once accidentally, and initially unknowingly, burned a lithium battery --- and only a AA one at that, as I later determined --- in a garbage burn inside a 55-gallon drum a number of years ago, and let me tell you, when that fucker exploded, it launched EVERYTHING inside that drum dozens of feet into the air like a vertical cannon.  I would say that it must have had the power of a quarter of a stick of dynamite, at least.  So yeah, they are nothing to play around with.

Thu, 12/05/2013 - 21:36 | Link to Comment Ralph Spoilsport
Ralph Spoilsport's picture

akak my friend, you just gave me a dozen ideas that will probably get me in trouble. Thanks!

Thu, 12/05/2013 - 21:46 | Link to Comment akak
akak's picture

Have fun, and wear your goggles!

Fri, 12/06/2013 - 08:47 | Link to Comment Matt
Thu, 12/05/2013 - 21:47 | Link to Comment Blano
Blano's picture

No need to out yourself now by buying pressure cookers.

Fri, 12/06/2013 - 02:05 | Link to Comment Miffed Microbio...
Miffed Microbiologist's picture

You men certainly made my 8 years in trauma entertaining. May I make a personal recommendation? Don't forget genital protection! I caused one man to pass out at a party during one of my regaling of one such story and had to endure an excoriating lecture on the drive home.

Miffed;-)

Fri, 12/06/2013 - 14:29 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

FUCK.
This cell battery has at least as much weight to it as an AA lithium, maybe twice as much. I'm getting that fucker gone NOW.

Thu, 12/05/2013 - 21:10 | Link to Comment SILVERGEDDON
SILVERGEDDON's picture

Hey, Exponere, you fuck tard - there is no infrastructure to support electric car universal useage.

There is also not enough electrical energy generation to support an all electric car fleet nation wide - or worldwide. 

There is also a piss poor energy conversion to miles per gallon / energy unit expended ratio. 

Musk had a gas car platform - Lotus Elise, already federalized for crash testing for car number one, or it never would have existed.

He couldn't pony up the bucks for developing and crash testing a new platform - add that cost to the first car, and each copy prolly would have cost the public 300 k apiece.

Enter the four door - MADE POSSIBLE ONLY THROUGH THE DIRECT INJECTION OF NEARLY 500 BILLION TAXPAYER BUCKS AND A NEARLY FUCKING FREE MANUFACTURING FACILITY.

The fucking car does not, and never will pencil out in anyone's Fantasy island Futureworld. 

And, no one is addressing the recycling of the nasty battery, or it's dirty Chinese polluted cost of manufacturing on the environment.

A Hummer H-1 Alpha has a smaller carbon footprint than a fucking Tesla does, cradle to grave, including energy cost to run it, and total carbon footprint.

Put that in your smug superior youthful pipe, and shove it up your ass - lit, of course. 

Entertain us with the fireworks, because you are full of intellectual shit, which of course, generates methane.

Even you - run on gas.

 

Thu, 12/05/2013 - 21:32 | Link to Comment Winston Churchill
Winston Churchill's picture

The real problem of any battery is deep discharge cycling.Nicoli Tesla could not crack it ,

and neither has anyone else, including myself. Not for lack of  or the cost of trying by many.

A performance electric vehicle is an oxymoron until someone does.No one yet even understands

the theory, let alone the solution to a problem observed, and known for a century.

Tesla's and BTC do indeed share something in common .Both  are  practicality unworkable,

and before their time.

Fri, 12/06/2013 - 00:54 | Link to Comment prains
prains's picture

.....and Exponere, bleeding profusely from his rectum taps out and crawls away shamed, belittled,crushed of spirit, manhood and.......a function pie hole

 

good bye

Fri, 12/06/2013 - 00:57 | Link to Comment Exponere Mendaces
Exponere Mendaces's picture

@prains

Hahaha. What can I say about someone who is a rectum expert. Apparently you have the dungeon booked with willing participants. That's fine, whatever your kink is, it is a free country :)

Just maybe suggest your clients pay in Bitcoin, because as you know, that funny green toilet paper doesn't hold its value too well.

 

Fri, 12/06/2013 - 00:55 | Link to Comment Exponere Mendaces
Exponere Mendaces's picture

You really made an effort to compare Hummers and Tesla cars. Man, you msut feel like a champ. Well, I don't give two shits about that.

Here's the overriding point. Bitcoin is going to dominate your world. And you're going to hate it. Oh yes, you're going to come home after a long day, and see a Bitcoin advertisement and get all bitter, maybe even knocking things over, throwing your empty beer bottle, etc..

Its coming for you man, and you can't do a damn thing about it.

You wish you could, I know, but honestly - you're not smart enough to counteract it. :)

 

Fri, 12/06/2013 - 14:24 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

my world's going to have no grid. No electric wires, no phones, no networks.
How's bitcon going to manage in that environment?

Fri, 12/06/2013 - 15:04 | Link to Comment SILVERGEDDON
SILVERGEDDON's picture

Bitcoin is like the pimple on your nose. Doesn't have any impact on my life now or in future. 

For you, however, it is all you can see, and is therefore bigger and more important than anything else.

5000 YEARS OF FISCAL RELATIONSHIP BETWEEN MAN AND CURRENCY HAVE ALWAYS PLAYED OUT THE SAME WAY.

Fiat burns, and people revert to trading vital commodities.

Silver and gold are trusted as having non fractional hazard risk, and trade as legitimate units of value.  

Good luck rockin' that digital wallet of yours in the real world. 

Fri, 12/06/2013 - 14:22 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

as it happens there's enough power IF cars act like wireless induction antennas to get power from a grid near the roads but for that matter we'd be more efficient to have car-moving ELECTRIC TRAINS and use less highways.

Thu, 12/05/2013 - 21:21 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

wet gasoline's a lot more stable than wet lithium, that's for sure.

Thu, 12/05/2013 - 22:13 | Link to Comment Agstacker
Fri, 12/06/2013 - 02:15 | Link to Comment NidStyles
NidStyles's picture

When something is said to be stable in terms of chemistry it just means you can spill it and pour it with out it exploding on you.

 

Gasoline is stable albeit very flammable when in the open air.

Thu, 12/05/2013 - 21:01 | Link to Comment chemystical
chemystical's picture

"4% per 1,000"???????????????????

 

were you trying to say 4 per 100,000?

percent literally means "per hundred".

try this one brainiac: 40 fpmo?

I'll spare u the sigma lecture.

I truly hope that you are not an engineer.

 

Thu, 12/05/2013 - 21:06 | Link to Comment Deo vindice
Deo vindice's picture

Nah. Just the normal results of being public schooled  ;-)

Thu, 12/05/2013 - 21:17 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

depends:
if the engine itself is designed wrong & has massive cracks LEAKING fuel where it would catch fire all the time then YES, they would.

Thu, 12/05/2013 - 20:41 | Link to Comment Jlasoon
Jlasoon's picture

Was Paul Walker driving a tesla?

Thu, 12/05/2013 - 20:54 | Link to Comment Pareto
Pareto's picture

maybe Paul Volker was.

Thu, 12/05/2013 - 21:08 | Link to Comment Jlasoon
Jlasoon's picture

Hopefully Yellen will.

Thu, 12/05/2013 - 20:15 | Link to Comment walküre
walküre's picture

Question is what the dealership will be doing with BTC inventory?

Thu, 12/05/2013 - 21:26 | Link to Comment Yenbot
Yenbot's picture

Losing it. You know, hard drive crash. Landfill. Somewhere.

Thu, 12/05/2013 - 23:43 | Link to Comment knukles
knukles's picture

Selling it to fonestar

Thu, 12/05/2013 - 21:40 | Link to Comment TheHound73
TheHound73's picture

They can do whatever they want with it.  It is private money and none of your business.

Thu, 12/05/2013 - 20:16 | Link to Comment NoDebt
NoDebt's picture

Alan Greenspan says it's not money.  Maybe not, but it sure spends like it, apparently.

Thu, 12/05/2013 - 20:18 | Link to Comment NOTaREALmerican
NOTaREALmerican's picture

Re:   If Alan Greenspan can't manipulate it, it's not money.   Period.

Thu, 12/05/2013 - 22:01 | Link to Comment pods
pods's picture

Nice.

Fri, 12/06/2013 - 00:58 | Link to Comment Exponere Mendaces
Exponere Mendaces's picture

You PODS forgot to PODS sign your name PODS because then I wouldn't know PODS that it is you PODS.

LOL.

Thu, 12/05/2013 - 20:21 | Link to Comment kaiserhoff
kaiserhoff's picture

Million dollar dog traded for two half million dollar cats.  And the point is?

Pump that GDP, Baybee.

Thu, 12/05/2013 - 20:24 | Link to Comment A is A
A is A's picture

Stopped reading at "Alan Greenspan says"....

Thu, 12/05/2013 - 20:16 | Link to Comment nmewn
nmewn's picture

Ummm, tax-tag AND title?

Details...please ;-)

Thu, 12/05/2013 - 20:22 | Link to Comment kaiserhoff
kaiserhoff's picture

Picky, picky.

Next you'll want to know how many microseconds they held that hot potato.

Thu, 12/05/2013 - 20:38 | Link to Comment nmewn
nmewn's picture

lol...damned straight.

I know .gov doesn't accept BotCoin...errr, BitCoin for sales taxes and I'm highly dubious that Govenor Moonbeam (even in an aphrodisiatic flashback state) is not allowing tags & registration to walk out the door at the Bureau of BitCoin Transference, Settlement & Licensing Office...lol.

But hey, its KaliFoRnIa...maybe Premier Moonbeam mandated every Tesla bought with BitCoin gets unlimited fire extinguisher refills ;-)

Thu, 12/05/2013 - 20:50 | Link to Comment krispkritter
krispkritter's picture

Dun dun dun da da dun dun dun daaaa....  Faster than Ben's speeding printer! More powerful than Yellen's bad breath! Able to leap tall thresholds of skepticism in a single bound! Look! At the auction! It's a word, it's a scam, it's Infinitecoin! http://www.ebay.com/itm/100-000-INFINITECOIN-like-Bitcoin-and-Litecoin-Feathercoin-/161167596705?pt=US_World_Coins&hash=item2586565ca1

Thu, 12/05/2013 - 20:55 | Link to Comment nmewn
nmewn's picture

This calls for a completely new paradigm of valuation!

Cosmic Cookie Credits!!!

Thu, 12/05/2013 - 21:15 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

wait, I think MtQox is being hit by another DDoS, how many quatloos can I get for infinite-coins?

Thu, 12/05/2013 - 21:28 | Link to Comment Yenbot
Yenbot's picture

Up-arrow for Quatloos...

Thu, 12/05/2013 - 21:44 | Link to Comment TheHound73
TheHound73's picture

Where's my $140 coins, goddamit.  I'm starting to think you're full of shit.

Sat, 12/07/2013 - 03:13 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

just dropped by 300 less than 12 hours ago, that's a 25% loss on that move.
It's coming.

It takes some powerful Derp-hood to see a 25% drop in 12 hours and say "that all you got? it's going to tha MOOoooon!"

EST 02:09 now sitting at around 670, down from just 2 days ago near 1300 USD. A loss of 48% in 48 hours. That's EPIC FAIL. You will be bankrupt in no time. Better spend them before they're worth $0. You need to find new bagholders pronto.

Thu, 12/05/2013 - 20:58 | Link to Comment kaiserhoff
kaiserhoff's picture

It's kind of a switch hitter thang like Odumpster.

TESLA - OUR SALES ARE ON FIRE!

Uh, Joe, before you put that banner up...

Thu, 12/05/2013 - 20:16 | Link to Comment OutLookingIn
OutLookingIn's picture

May I have a hamburger today, for an itty bitty coin on Tuesday?

Thu, 12/05/2013 - 20:17 | Link to Comment CrashisOptimistic
CrashisOptimistic's picture

Behold the eventual justification for the Ministry of Information shutting down the internet.

Thu, 12/05/2013 - 20:17 | Link to Comment Exponere Mendaces
Exponere Mendaces's picture

Now I now Tyler is just fucking with us. Why would he care at all? Comon man, you don't need advertising hits THAT badly, do you?

< cue all the Bitcoin barking seal trolls >

Thu, 12/05/2013 - 20:24 | Link to Comment nmewn
nmewn's picture

A $57,000 Tesla is not a car for the common man?

Thu, 12/05/2013 - 20:35 | Link to Comment Exponere Mendaces
Exponere Mendaces's picture

Tyler is just betting on you guys to show up, to give 'em the advert hits. Funny, and you totally bite - every single time.

I'm just here for the amusement, you don't usually see so many idiots in one article at once. Please, tell us how computers work again, grandpa.

Thu, 12/05/2013 - 20:44 | Link to Comment nmewn
nmewn's picture

How many fallacies and red herrings are you capable of cramming into one thread anyways?

No retort to a $57,000 "common man car" I see.

Now, count how many comments I've made today vs you...amusing indeed, junior ;-)

Fri, 12/06/2013 - 01:01 | Link to Comment Exponere Mendaces
Exponere Mendaces's picture

Oh I see, its QUANTITY over QUALITY?

Do you work for Walmart? I hear they need someone who is an expert at shoveling complete shit to consumers for low prices. And given that your ad-copy is somewhat lacking (if you can even write it at all) you may just want to shoot for being a store assistant, grabbing the coffee.

 

Fri, 12/06/2013 - 02:24 | Link to Comment NidStyles
NidStyles's picture

Until Wal-Mart accepts Bitcoin, it's not going anywhere. Wal-Mart is the economy in a large percentage of this country.

Fri, 12/06/2013 - 07:56 | Link to Comment nmewn
nmewn's picture

"And given that your ad-copy is somewhat lacking (if you can even write it at all) you may just want to shoot for being a store assistant, grabbing the coffee."

I believe you dropped this.

"Now I now Tyler is just fucking with us. Why would he care at all? Comon man, you don't need advertising hits THAT badly, do you?"

Thanks for shopping at Walmart! ;-)

 

Fri, 12/06/2013 - 11:12 | Link to Comment Exponere Mendaces
Exponere Mendaces's picture

Oh no, mistakes were made! And you wearing your best mask giving profit to the Koch brothers in the process :)

As an aside, Gyft added Target cards, which means you can fully load them using Bitcoins. I wouldn't be surprised if they swing a deal with WalMart too.

Clean-up in aisle five, you better get going!

Sat, 12/07/2013 - 01:05 | Link to Comment nmewn
nmewn's picture

"And you wearing your best mask giving profit to the Koch brothers in the process"

Koch brothers...you guys are confirming everyone of my suspicions.

Thu, 12/05/2013 - 20:47 | Link to Comment Ralph Spoilsport
Ralph Spoilsport's picture

Most of us have used AdBlock for years - hence no ad revenue. But that technology is beyond you. Maybe next year in 10th grade they'll cover that.

Thu, 12/05/2013 - 20:52 | Link to Comment nmewn
nmewn's picture

lol...you old geezer ;-)

Thu, 12/05/2013 - 20:54 | Link to Comment Ralph Spoilsport
Ralph Spoilsport's picture

Eh? Speak up there!  He probably goes to a special school on a short bus anyway.

Thu, 12/05/2013 - 22:20 | Link to Comment Rock On Roger
Rock On Roger's picture

EM is done for the night, her mommy put her to bed.

 

Stack On

Thu, 12/05/2013 - 20:51 | Link to Comment Pareto
Pareto's picture

+1 hehe

Thu, 12/05/2013 - 20:55 | Link to Comment 90's Child
90&#039;s Child's picture

I'm on a iPhone don't have the privilege of accessing a computer to check ZH and don't do Facebook or tweeter so ZH is what I do on my phone. Got some AD pop up not to long ago today that would stay at the bottom of the screen. I'm sure that's what he is referring too.

Thu, 12/05/2013 - 21:08 | Link to Comment MeelionDollerBogus
MeelionDollerBogus's picture

now there's mobile phones with firefox OS and you better believe adblock works on firefox in firefox OS.

Fri, 12/06/2013 - 01:02 | Link to Comment Exponere Mendaces
Exponere Mendaces's picture

I'm sure Tyler will be VERY happy your efforts to subvert his advertising is in effect. What's next, you call in to a radio talk show and tell them you just robbed a bank?

You must be so proud about that, depriving the only site that loves gold hoarders and preppers of ad revenue.

 

Do NOT follow this link or you will be banned from the site!