Interesting, but until some real use case or adoption, these Bitcoins sound like Internet stocks to me.
edit: I didn't really look into it, but I'm going to now.
edit: I didn't really look into it, but I'm going to now.
I myself run a little magazine about bitcoin that is hosted on a VPS that I pay in bitcoin. I even own a domain name that I paid in bitcoin.
The economy is still small though, but with adoption, it could become real big.
What kind of exchange rate on bitcoin to USD did you get on these purchases?
Which brings up a good point. With Bitcoin, there is no concept of chargebacks. Once bitcoins are sent, they are gone.
When you wish to make a purchase with a trading partner where trust has not yet been established, the http://ClearCoin.appspot.com escrow can be used to protect the buyer.
For this transaction escrow would have been free to use, as the amount is under 100 BTC.
With witcoin, you earn money every time someone votes or replies to your post.