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Seems like a well-made platform. Read your whitepaper as well. Now people just need to use it. (Easier said than done) There is a lot of skepticism online, but grass-roots word-of-mouth remains king. Think of Craigslist's early beginnings. Craig Newmark was just sharing emails of cool things happening in San Francisco. Started with arts and technology events and moved onto jobs and things for sale. Signed up for your email list on https://virieprojectblog.com/. Might be a good idea to send email alerts of things available for sale at the beginning!
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I'm kinda skeptical regarding this. I am worried we might all be in fact just blinded and lied to by some entity experimenting on us. Whether Bitcoin's creator is the Satoshi known to everybody, a government, a secret society or whatever he is.. it's still revolutionary and this certainly is the future. This is my first post after a very long time by the way, and I used not to have this kind of thinking ~1yr ago. But look how fast things are changing and how quick cryptocurrencies are getting introduced in all large institutions, businesses etc.... it's here. We're all taking part of the future. If Satoshi's real identity was known, we'd most likely judge the technology and its true meaning based on who that entity is and what history it has.
Sometimes I'm also skeptical. Even read something mentioning that China could've created Bitcoin to weaken the US dollar lol. Deep down I don't believe this to be the case, however. I see Bitcoin and this decentralized revolution as a cry to get rid of corrupt institutions that force billions into some form of modern slavery and create immense misery. Don't think it's a coincidence that it was created amidst the 2008 crisis created by banks. In many ways, our lives are social experiments meant to benefit the future generations. We wouldn't be where we are today without our ancestors' learning from their parents and the cycle continues. We're ultimately here to fornicate and experiment with "better" ways of approaching this life that no one even asked for. Because why live in suffering when you don't have to? Still a long way to go.
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Up until this point, we've been mostly deceived by banks and corporations in order to believe in what they say and keep them in power.
Was watching the Thanksgiving day parade as a foreigner and the amount of pharmaceutical propaganda in the endless commercials is ridiculous! I believe this will change once the infrastructure for media, businesses and everything else becomes decentralized and judged on their accuracy through truth scales.
Also, we have needed to put on metaphorical masks when we interact with other people to save face in society, to which extent we do this is dependent on the cultures in which we live.
In an age of decentralization, globalization, blockchain and digitization (avatars on internet platforms, etc.), I feel as though we are entering an age of truth and disillusion from all angles.
People can say whatever they want and feel because they are now interacting with the rest of the world through the internet. Transactions can now be anonymous and secure because business dealings no longer require banks, ID's or middlemen.
"Give a man a mask and he will tell you the truth."
-Oscar Wilde
Thoughts?
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How would the crypto arena be different if everyone knew who Satoshi was?
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Not surprising coming from Germany. Efficiency is their religion and blockchain transactions for everyday life just makes sense.
Another advancement that will associate crypto use with institutional investors/banking and subsequently help let the general public's arms down.
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I'd rather see a stable market. Right now it's only seen as an investment rather than a currency, and I don't think it's benefiting mankind as much as it could under these circumstances. It would actually create a more democratized world if more people use it.
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The only thing you can be certain of is that nothing is certain. Bitcoin is not a scam and people have made money with it, but it also has a variety of flaws that prevent it from achieving universal acceptance atm, the most apparent being lack of practicality (few businesses accept it), and insecurity (exchanges can be hacked and keys can be lost- no one guarantees your money). Once these two problems are figured out the new world cryptocurrency will have been established.
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https://www.coindesk.com/new-bank-of-america-patent-hints-at-plan-to-store-cryptocurrency-keys/"Bank of America was awarded a patent for a device that stores cryptographic keys and the document's details hint at applications for cryptocurrencies. In a patent awarded Tuesday by the U.S. Patent and Trademark Office, the bank outlines a "hardened storage device" for storing private keys – such as those used for blockchain platforms – explaining that, at present, most keys are stored locally protected by nothing more than a password." Would this make banks responsible for uncontrollable losses? This will be great for adoption and hints at a future where banks essentially regulate smooth digital transactions and keep them secure.
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It seems to me that many people do not vote because they are disappointed in this system. Many do not even believe in the fairness of the elections, because there have been cases of rigging the results. There is a feeling that the winner of the election has long been determined, but not by us .. Maybe I’m wrong, but I heard such opinions from residents of other countries.
I would have to agree..I think people also see voting a lot like choosing between lesser evils. Also, despite the winner of an election, it is still supply and demand that decides most political decisions. Every country is fighting for its piece of the world's pie, unless it has a significant amount of valuable resources. This is why there is no "better" politician and we are slowly being given the liberty to opt out of a country's system thanks to things like the internet.
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And why spend your money when you can collect them from other people and then if nothing happens just to shrug and say-sorry did not work.
My thoughts exactly.. but risk is the name of the game from both sides. Even getting to that point sometimes takes millions of dollars in personal investment on behalf of the developer. The only accurate way to gauge the success is by evaluating the whitepaper, figuring out what differentiates their product from something else and whether or not that means anything, and how they're going to implement. In the end we're responsible for our own shortcomings and need to be master-assessors to be master-investors. The digital realm is currently the wild-west but it'll eventually become civilized and even become the new norm. There is however, only one gold rush.
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Blockchain and AI will streamline everything and lead to superior efficiency in all aspects of trade and life in general. There will no longer be as many disputes or corruption because every single transaction will be recorded.
The problem is it will create a lot of abundance and everyone will have a chance to live a decent life, but the world isn't sustainable given everyone is living like an American. This is why advancements in immersive reality is just as important. We need to conduct certain parts of our lives in simulations for increased global abundance to not be detrimental.
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I really think we're heading towards a one-world currency. Nearly all major international banks are ingraining blockchain tech and cryptocurrencies into their business models, including globalist foundation banks like Goldman Sachs, which refer to it as the "new technology of trust."
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In our example, ceiling sales (15000 satoshi) and base purchase (12000 satoshi) prices are different. This difference is for meeting all the token amount that can be circulated. I suggest you review the system.
There is nothing to review.This "system" is just a fantasy.No ICO project owner will offer 100% refund. A better idea is to create a "middle-man" crowdfunding platform that will gather all token purshases and redistribute the coins to various projects,based on their level of popularity,trust,reputation,team and number of supporters.Such platform might offer a refund system or the ability to guarantee the token purchases. This would be a great idea.. an AI service that would essentially give you the best possible investment portfolio while taking all variables into consideration. I still don't think a refund system would be possible but if this were ever created, its value would be unparalleled. In any case, machine learning will definitely change the investment landscape.. https://www.jpmorgan.com/global/cib/research/investment-decisions-using-machine-learning-ai
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Bitcoin wasn't created in the first place to be the number one global currency,satoshi's idea was simply to create a digital currency severed from our well known fiat currencies,it can be purchased with fiat,but that's were it ends, it's totally in the hands of the users,investors and enthusiast in the system
What could be more user-friendly than putting control in the hands of the users???
The problem is that there are still many things beyond users' control. Exchanges are currently required to use cryptocurrency, and they can be shut down by governments or hacked. I agree that BTC wasn't created to be one global currency, but all trends seem to suggest that this is where we're headed. I don't think it will be bitcoin, but I do think it will be an altcoin that fixes the fundamental flaws.
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They capitalize on sensationalist, negative news because that's the only thing that gets people's attention. People are more easily manipulated when they're fearful.
If the media and politicians preached the truth, the public would definitely be against all wars and maybe even consumerism. We don't need that much to be happy, but consumerist ads pay for the media, war finances America, and the wheels on the bus go round and round.
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How did you escape from the farm, if you have?
I took the red pill... Reality is in the eye of the beholder... if you are angry or sad and depressed, it is your own mental construction... people are trapped inside their own mental prisons and haven't figured out they put themselves there... I made the conscious choice to no longer be angry, sad or depressed no matter what happens. It is all just an illusion/simulation/game anyway Life became much easier since taking the red pill... I no longer care what other people think I should be doing with my time, etc... I don't follow the rules of society, like working 40 hours a week to buy the new gadget that I will get bored with in a week... It's all silly anyway... I might as well do what makes me happy instead of doing what society tells me I should be doing (because most people who do what society says, are not happy) People who do what society says only make the people who run society happy. People are very good at doing what they're told, and bad at listening to their own desires if they go against the status quo, which is why there are opioid crises and so many people who resemble the walking dead. If people knew how much power and control they really had over their own reality, they would be a threat to the continuation of such a profitable economic model. Good to see that someone out there is dangerous.
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The personal data of 9.4m Cathay Pacific passengers has been stolen in a cyber attack on the Hong Kong airline. https://www.telegraph.co.uk/technology/2018/10/24/cathay-pacific-says-data-94-million-passengers-stolen-hack/Ryan Wilk, vice president at NuData Security said “Data in the wrong hands – especially payment card information – can have a huge impact on customers, far beyond the unauthorised use of their cards.”
“Payment card information, combined with other user data from other breaches and social media, builds a complete profile. In the hands of fraudsters and criminal organisations, these valuable identity sets are usually sold to other cybercriminals and used for myriad criminal activities.” Maybe instances such as this will wake people up to the tangible benefits of using Bitcoin, blockchain and cryptocurrency-not being as vulnerable in an age of unbeknownst vulnerability.
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It's been 9 years. This is nothing. Think how long it took for the first known currency to be useful and ingrained into people's everyday life (created in 600 B.C. in Lydia, now Turkey), and for the concept to catch on in the rest of the world/be universally accepted.
Times have changed but the principles of what makes an accepted currency hasn't. It has to be useful and hold consistent value, which will be inevitable as every aspect of the modern world becomes virtual, including the economy.
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