Speaking as a sometimes paranoid libertarian with a reasonable amount of Bitcoin, myself, I can say the two things preventing me from cashing out of any portion of it is the likelihood I would be identified and the fact that any sales of it I have to pay taxes on. I purchased a house this year that I could have afforded several times over in Bitcoin, but instead took out a loan just like anyone else.
I don't understand this. the amount you'd pay in capital gains is probably less than what you're going to pay out in interest, notwithstanding the mortgage interest deduction to your taxes (in which the government subsidizes you at the expense of other taxpayers).
I mean, perhaps you ran the numbers and it works out better financially, but I get the impression from your post that you don't want to pay any taxes on it on principle, which seems economically irrational.
Thanks. I do remember using that one or one similar in maybe Fall of that year. I believe the first ones actually downloaded the entire Blockchain which was maybe a gig or two at the time. The one I had became unwieldy enough that I eventually just uninstalled it.
It also uses "robbery" in a really unbusiness-like way. Still, there's only a few things here and there that are kind of out-of-line, and might be of the sort I'd expect for a intended-to-be-internal document.
But Mt. Gox isn't a business. It's an unregulated exchange, so there's really no point in taking for granted that they would meet some standard of professionalism which by definition they don't have to.
QR codes or something like it will eventually be the way Dwolla and Paypal do mobile-to-mobile transactions. I've thought of a mock up of just using ONLY QR-like codes to transfer money between two people in the same room, it would be fast and easy and assuming you used your Dwolla pin as you confirmed the amount you were spending/charging, it would work perfectly.