It seems like your English isn't good enough to make a judgment about what he's said, because your assessment of his suggestions is completely false and out of context.
I hope you are right. Anyway my intent is not to discredit the cryptocurrencies or people who create them. I'm very pro-crypto. I just worry because the gov used to publish fake news against crypto, spread terror messages about risk, volatility, blah blah just because crypto can hinder their business. And now i see a crypto VIP suggesting to invest in traditional assets... it makes me worry and think the gov is threatening them (they did that to Assange , Snowden, etc., so it's not fantasy ) |
|
|
|
|
Ok but actually he is also suggesting us to invest in traditional assets, which are high-risk and very likely you end up losing everything, giving the powerful ones a gift.
He should have suggested only not to put your whole life savings in crypto, but not to invest them on the stock market or binary options and other traps the Rotschilds made.
|
|
|
|
"If you're trying to figure out where to store your life savings, traditional assets are still your safest bet." Source: https://www.cnbc.com/2018/02/19/ethereum-creator-vitalik-buterin-warns-about-cryptocurrency-investment.htmlOk, how come the creator of one of the main cryptocurrencies had the idea to suggest us to invest in traditional assets? Which also means he is telling us to keep all our money in a government-controlled bank, while the main purpose of crypto is to save us from the gov robbery and banks. Somebody tell me how much did they pay him to say that insane sentence. If he's not out of his mind, they threaten him to death ? |
|
|
|
Do you know how websites could be affected by the blockchain, for example forums, blogs, shops, comparison-sites...
We running a plenty of blogs and we don`t know if they will be generate earnings in the future, when the blockchains is ready for the society. Will the people still use Google to find informations or is it a complete different internet without blogs, shops, forum, compariso-sites...?
For the most part the blockchain isn't something that's going to challenge websites or the worldwideweb, in fact it will mostly work side by side it, most blockchain projects really on it to be implemented and used. They will only enhance one another. You seem to have understood what he meant. I got confused because "the blockchain" were not made to replace the WWW , but just money, if we are talking about BTC. So i wonder why OP thought that decentralized money can destroy forums , blogs, etc. If he was talking specifically about a new WWW on the blockchain, like Namecoin/Hostcoin, then OP's question would make more sense |
|
|
|
Your question was not clear to me, AFAIU you want a decentralized web ? You want to have a web where the gov does not censor websites anymore ? Look into Hostcoin and Namecoin https://hostcoin.io/https://namecoin.org/Basically they are an attempt to build a new WWW built on a blockchain. In the normal web, when your browser tries to browse a website, it firstly needs to discover the IP address of the computer/server where that website is. This initial step needs the famous DNS and is called DNS Resolution, which is centralized. DNS resolution is centralized because the browser does it by contacting well-known servers, called DNS servers, that provide the website's IP , and these DNS servers are controlled by the gov. When the gov decides that a website is competing with its business and evil plans, he decides to ban that website. Hostcoin and Namecoin provide a decentralized DNS resolution and solve this censorship issue. They let everybody have a website on their local computers and browse the websites on the blockchain with no centralized DNS. --- EDIT: you mentioned google. These blockchain solutions i think will be free from the Google search engine, because the websites in those blockchains are not indexed by google but you have to use other means to do a website lookup via search queries. So the answer is No, over there we are not affected by the google monopoly, fortunately --- EDIT 2: how will they affect the old WWW ? There's the potential to gain popularity in a few years, pretty much like TOR did, but not replace the regular WWW. Maybe they can do better than TOR if they are good at marketing it, so it will be worth the struggle to register your site on Hostcoin/Namecoin |
|
|
|
Banks and governments have been investing in fake news to discredit the cryptocurrencies, because cryptos can save us from poverty and slavery.
That's a rather extreme view if you ask me. The realist in me says that the biggest reason is that they won't be able to make money off of us anymore, and that their influence over us will plummet. I guess I understand the overall libertarian sentiment though. I was also curious about your links so I tried to dig around: This one seems to have been misinterpreted. Here is an explanation as to where the misunderstanding came from, and what the bill is truly about: https://www.snopes.com/politics/business/cashillegal.aspThis one I'd really rather not trust because it tells you to visit this link: ...and is basically a marketing article. Still, bottom line is that banks are afraid, and they currently face a future in which they have to choose over adapting or dying. Thanks for the insight. Ok those links were not 100% appropriate, but you don't need to read the internet to see they are trying to eliminate cash. If you live in a Western country you know they are forcing the merchants to : - have a POS device in their shop (and this already costs money just for installing it, plus a yearly fee AFAIK) - only accept debit/credit card payments for amounts over a limit ( typically 1000 USD/EUR or even less ) This will hinder the people who want to use cash in the shops. They must pay via a bank if the purchase is medium/big. And i am talking about all merchants, even if you sell just coffees you must have a POS. Their goal seems clear Also, the 95% of the world's money today is not in cash, but in the banks |
|
|
|
Banks are scared because it could cause them to raise the inflation rates since people are having too much money that are non-taxable. This could create a market where money would have no value since the supply of money is really high. Banks are not scared because they would have a competitor, but they are scared for the welfare of the people.
Those are the typical excuses they tell you. Are they really worried for your well being? Come on. We are paying these insane taxes to pay the public debt, but the public debt is just something they invented out of nothing! Have you watched the Zeigest movie? Go watch it and come back  |
|
|
|
This is incredible. This is direct evidence for the masses that criminal banking cartels are holding the western world hostage. Hopefully this will backfire heavily in some way.
Yes it will backfire, as more and more people is moving their money from the bank to crypto and they are holding it. The only thing it is missing is: too many are holding crypto on centralized and risky wallets and exchanges like Blockchain.info or Bitstamp, instead of holding crypto in their local computers. It's better to use an official wallet client or Electrum, than leaving money on an exchange as the latter can be seized/robbed by the gov. More people should understand that |
|
|
|
Bitcoin is not a magic wand which will end world poverty. It simply doesn't have the power to end such a massive thing. Also bitcoin is not a payment system anymore. We have moved to a different goal long back, when the confirmation time increased and transaction fees hiked. These confirmation time and transaction fees is going to be increased again and again. So we will move from the initial goal further.
Bitcoin has now purely became an investment asset. IT can provide a huge return which any other conventional investment will never be able to offer ever. So I take bitcoin purely as an investment and a trading asset. I earn profit and keep it for the future.
Don't agree. First, don't limit your analysis to Bitcoin, but change the OP's question to "Will cryptos End World Poverty?". Most altcoins are a payment system ( fast confirmation, low fee ). And now with Litepay everything is becoming easier. Today i'm gonna spend $200 in local shops? So let's load my Litepay VISA credit card with $200 worth of LTC , and hit the town. And the goal everybody should have in mind is: stop putting money in the bank. Just use crypto or regular cash [1]. So that we avoid all robbery and slavery we are undergoing thanks to the gov pigs ---
[1] With the only exception of systems like Bit/Litepay cards, which i personally like but i see them just like a transition to an era where most shops will accept cryptos directly.
I would recommend loading a (Bit) Litepay card with a small amount at a time, or just what you are about to spend before going shopping.
--- |
|
|
|
|
Very interesting !
So basically it is the same as Namecoin (decentralized DNS on the blockchain), but it also has hosted websites directly on the blockchain , while Namecoin is just DNS pointing to normal "traditional" server IPs.
But how about privacy?
If you host a website on Hostcoin, you are hosting it on your local computer, right?
You may not want to reveal your real IP in case of prosecution by the gov ( as you know, they hinder free speech ).
The best so far used to be TOR/I2P Hidden Services, that let you host a website locally without revealing where it is actually hosted.
Can Hostcoin be an alternative to .onion/garlic sites?
|
|
|
|
|
In the whitepaper i read that the members of the Freelancers Tribunal do not receive any earnings after they solve a dispute.
So what is the incentive for a Tribunal member to do his job?
He's not going to spend time doing this for free
|
|
|
|
No they're "bugs" with bitcoin in general
As it's decentralised, there's no easy way to remove a transaction. You can either keep rebroadcasting it through the network, re-sign a transaction with a higher fee (using the SAME INPUTS) or pay and "sweep" the coins into a new wallet.
Is it not best to import and not sweep? e.g. get the private key from Electrum and import into Multibit So that no additional transaction is needed |
|
|
|
I have a similar problem with this 3-weeks old transaction sent from Electrum: https://www.blocktrail.com/BTC/tx/a7050759f3429363005f370c77814ce4a396f34faa6e081d7289f58ac89d834bSome explorers can not even find that transaction now, so i guess the network is slowly discarding it. But it is still stuck on Electrum. Maybe the only way to clean this TX from my wallet is to export the private keys to a different wallet, like Multibit. Will let you know if i'm successful or i still have the stuck transaction in the other wallet too. What do you guys suggest? Are these bugs with Electrum? |
|
|
|
Hmmmmm you guys probably did not keep your NXT long enough for the snpashot to be able to claim your free ignis. Did you seell too early? Perhaps this is the case for everyone not getting itl.
Uhm.. i still have my NXT, is that not long enough?  |
|
|
|
Does anyone already received IGNIS from Bittrex exchange?
I havent received them.. What about you? This looks like a joke. I held my NXT just to get my IGNIS... |
|
|
|
worth it to hold 50ish bco? profitable for the lil guys? thoughts?  Maybe it can skyrocket. It has great potential because decentralized exchanges can be something revolutionary. No more fear of censorship/takedown on the exchange where you have your money, no more people losing their lifesavings because of some coward cops that want to put their dirty hands on the funds. If this thing works well as i hope, tons of people will move here from traditional exchanges . |
|
|
|
|
@ranochigo
Thanks, i was not aware of the fact you need to flag as Opt-In RBF also the replacement transaction.
Then there actually is a way to avoid this issue, if you're careful enough.
You still have to pay a high fee but at least you can make it through.
@bitcoinKnight809
Indeed the inconvenience is there. One of the points of BTC was to be free from the high fees proposed by the banks and intermediaries ( Paypal, etc. ).
Now that point has been defeated.
|
|
|
|
It seems that the B2X has disappeared, I can't see the news about B2X, and the exchange is starting to take off B2X.
Look... i was thinking about claiming my B2X by importing my private key into the Zumminer wallet, but it's not worth the struggle because i would have to move my BTC to another wallet first, and that costs money ( huge network fees ). To have just a bunch of B2X that are worth almost nothing. So it doesn't make sense even if they're given for free LOL |
|
|
|
Together we are a force capable of opposing the world government. But one by one all of us can be destroyed.
Bravo. That's a very good point and not only specific to Bitcoin. The gov aims at dividing us , prevent us to be united and organized. They are making us compete with each other, so even if we are numerically the same as if we were unite, we are much weaker. Divide et imperaThey know that saying very well. |
|
|
|
|
Show Posts
