It's not. We can't blame a physical object for the greed of all people. Far ago when there is still no gold where people uses anything to trade in exhange of something they want, there is already a greed. Be it if there is a gold or none, people gave value to anything so it's not the "gold" fault if people are greedy enough to fight over it.
Of course but that physical object is what makes people "sick" You cant blame Uranium that causes people to die if they touch it, it's not Uranium's fault, nontheless it does make people die, so maybe we should not play with it? The same goes for gold, it's not gold's fault that it has this effect on people, but it does have a negative effect, so maybe we should not play with it?
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Many for different services but I keep my stash on a few ones, the rest are just for basic payments.
Probably generated hundres of addresses already in electurm.
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Litecoin has bigger inflation than dogecoin, and even when next year it will halve it will still have higher inflation than doge.
I dont know, the price could move up but its very volatile.
How do you know when the next halving would come for Litecoin (or any other crypto)? How is this calculated? Still, it is possible to make profits from Litecoin due to the fact that it is volatile. This makes it pretty good for trading. http://litecoinblockhalf.com/It makes good for trading, but a currency cannot be volatile if you want it to be used for mass commerce. So from this POV, doge is much better. Now of course DOGE is a joke, with a silly name, i cannot see people using it en masse. This is a great informative site about Litecoin's halving as well as Bitcoin's. Thanks for sharing it! And I agree with you, DOGE is better but it is mainly used for tipping due to its very cheap price. Nope, doge is not better. Doge is only technically better but practically its a crap and a joke. I cant see 60 year old people using "DOGE" as their currency. Maybe for 13 year olds its a fun but it wont get mainstream. Litecoin could be good but from what I heard they struggle at this point and the volatility is just too bad and unpredictable. I take my chances with BTC it has much better support.
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Litecoin has bigger inflation than dogecoin, and even when next year it will halve it will still have higher inflation than doge.
I dont know, the price could move up but its very volatile.
How do you know when the next halving would come for Litecoin (or any other crypto)? How is this calculated? Still, it is possible to make profits from Litecoin due to the fact that it is volatile. This makes it pretty good for trading. http://litecoinblockhalf.com/It makes good for trading, but a currency cannot be volatile if you want it to be used for mass commerce. So from this POV, doge is much better. Now of course DOGE is a joke, with a silly name, i cannot see people using it en masse.
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Litecoin has bigger inflation than dogecoin, and even when next year it will halve it will still have higher inflation than doge.
I dont know, the price could move up but its very volatile.
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Gold is just a lump from the ground. People are evil. If used tampons were the cast iron store of value then you'd be demonising that.
Thats true but used tampons are nasty and have no value. Gold has a charming or seducing aura around it that can make people do those evil things. Metaphorically it's like it's a possessed metal.
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Bitcoin is not "illegal for tender" in Hawaii.
I think the author meant "not legal tender", but that doesn't mean illegal.
It would be nice if writers, such as Samburaj Das and Kathleen Gallagher knew what they were writing about.
Journalists are sensationalist shills, they put all kind of shit in their articles just to get attention. It is a very corrupt and misleading industry.
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Sounds good but where does this help bitcoin?
Bitcoin should be emphasized by the charity by organizing bitcoin only events.
By just mixing payment options and adding BTC wont emphasize it, and will make no difference.
For example if there is some tornado, you should organize donation operations only with bitcoin, to show the world how better is bitcoin.
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Hardware wallets + Paper wallets for a long term run, i mean if you want to keep it safe, dont use just one of them, divide your funds and use both of them, you know, never put all your eggs on the same basket Software Wallets for the daily usage with small amounts of btc in, ofc and you will be done, Good article @Scream Btw you may forgot to say that always ALWAYS use the common sense while you work with bitcoin Good combo against hackers, but not against burglars and extortionists. I`d not keep all my bitcoins physical because its really hard to protect against those threats.
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Hardly, nobody likes to spend bitcoins. Bitcoin is a hoardable currency, hardly anybody spends it in mass.
Even if I would have 1000 BTC, i would hardly spend it, I rather give my worthless fiat instead of my precious coins
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But I like my fiat money, it loses 90% of its value in less than 40 years, and I love my wealth being stolen by cleptocrats.
It's not fair if you let people store their wealth safely.
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This is the shock doctrine in effect.
But we still have social media, with which we can stop tyrrany. However it is cracked down upon. I`d not be surprized if they would ban free speech, and censor everybody politically. No, social media cannot be used to stop tyranny. It may be a burden to them, but it does not have the power to stop. It has centralized control and a communist regime could simply remove all messages they don't like or arrest the people easily because of lack of anonymity. Well then we are doomed. Next step for France: Gestapo and Gulags. Tyrrany is predictable.
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If EU really target bitcoin as one of measures of frighting with terror then they are even dumber that I think. Bitcoin is less than 1% or even much less of total terrorists funds. EU is simply want to look like they are doing something by pushing the papers in their office instead of doing some real fight.
They want to censor bitcoin, and financial freedom. Embrace capital controls folks. Like your avatar says. More than the movement of money, governments will be interested in identifying the parties behind each transation. That is one reason they could possibly go after Bitcoin. I don't think they will be interested in attacking bitcoin to prevent flight of capital. Actually you are wrong. Yes they would like to identify people behind transactions, but that is secondary objective. Their main fear is that they cant control it, so you could move out trillions of $ in bitcoin and move it to another place, and crash your domestic economy. In terms of panic governments ban banks to allow foreign transfers to slow down economic crash. If you are in a war zone you obviously want to cashout, send your money to another country, and leave the borders. Governments will ban you cashing out, wont let you move your money out, and close the borders and not let you out.
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If gold is evil, money is evil. Because gold is money.
Bitcoin is money too, and bitcoin cant be stolen like gold can.If bitcoin would have been here for thousands of years, then the history would be less bloody. Bitcoin's decentralized nature removes blood from money i dont agree with your reply which i highlighted bitcoin can be stolen , the address where you keep if anyone hack your account then he can do anything with that, so their is nothing that can be stolen , its upto how safe you keep it. What i meant to say is that bitcoin cant be stolen that easily. Gold can be stolen by just taking it. For bitcoin to be stolen the private key needs to be revealed, which is much harder to do. So that adds some basic security to bitcoin vs gold.
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If gold is evil, money is evil. Because gold is money.
Bitcoin is money too, and bitcoin cant be stolen like gold can. If bitcoin would have been here for thousands of years, then the history would be less bloody. Bitcoin's decentralized nature removes blood from money
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It is the love of money which is the root of all evil. If you lust for things that are of this world, you will never grow spiritually. This war we are in must be won with soul power and knowledge. Physical force must be resisted with soul force. Lies must be countered with organized knowledge, so here I will post some details for our discussion.
Not all money, I havent seen bitcoiners going on crusades and enslaving people. Sure there are bitcoin scams and other minor things, but the scale is nothing compared to gold because gold is use a currency back then, and it has a value which you use to buy food and some other stuff. even if let say sea shells where use as currency back then it will be the same as the gold it will cause people to do evil stuff. Not really fiat money was always in some sort circulation even in ancient Babylon. They used copper or nickel coins as fiat money for ordinary people, whereas the lords used gold for their wars and slavery. So most people were using fiat always, and only the elite were using gold.
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There is no devil. Evil is sort of a human construct. Gold has unique properties. People like shiny things.
I was meaning it metaphorically. I`m not a religious person, yet I find wisdoms in ancient texts. You have to admit that gold itself has really caused humans to behave in evil ways. And this is just "money" that is causing people to be evil, but there is some subtle evil aura around gold that makes people do evil things.
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I have been thinking about gold, from a different perspective. We all know that fiat money can be abused by the governments. We all know that money can be printed out of thin air, in form of fiat, that can fund tyrrany and out of control governments.
But what about gold really? Now most of you will think that of course gold limits the governments spendings and it leaves more personal freedoms to the citizens.
However that might not be the case at all. We know that wars are funded by fiat money (throughout history) but they have all been fought for gold.
There isnt a single piece of gold that hasnt been tied blood too. From crusades, wars, sackings, pillagings, going back to the bronze age, every war and other evil thing was done for gold. The middle ages: spanish conquest blood gold, englands colonizations for gold, american slavery and gold rush etc...
It seems like everything evil was done for gold. Even in WW2 Hitler after invading countries, the first thing was to steal their gold. Then after Hitler lost, the allies and soviets took their gold. Now different countries still are in dispute about the gold in ww2.
Everything evil goes around gold.
Even in the Bible when Moses went to mount Sinai, when he returned with the 10 commandments, he found that his people were worshipping gold!
Gold seems to be the instrument of the devil, and it's far older than fiat money, and proven throughout history only used for evil.
Thoughts on it?
What about Bitcoin?
Bitcoin is superior to gold: both morally and practically. Since bitcoin is digital and can't be stolen that easily and cant be used for war, we will have a more brighter future if we adopt bitcoin instead of gold. Plus since bitcoin cant be localized physically, you cannot declare a war on a country to stole it's bitcoin because its not physically present, and private keys can be hidden easily.
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I might be amateur to this but I think a larger blocksize will eventually be needed.
Probably +95% share that view. The difference is that: some think that we should use blocksize to solve all scaling problems (when that's not even possible), the other camp wants to do everything possible to increase the transaction rate before increasing the blocksize. I'm in the latter camp. The former camp likes to mischaracterise this as 1MB4EVA, but it's as obvious to me as to anyone else that the limit will have to go up, but let's minimise that. I did some studying and found out that the fee will increase anyway. -If you keep the 1 MB limit, then TX will compete for that 1 MB space and only the ones that pay the most will get through => AVG FEE INCREASES-If you raise the MB limit, then you need to put in a minimum fee (which has to be increased again with further blocksize increases) to get rid of spam transactions => AVG FEE INCREASESSo the AVG FEE increases anyway.So although I think blocksize should be increased, I advocate a very slow increase of fees, for example, following some sort of logarithmic curve.
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Yea at this point its no point banning it, the card companies can profit too, so why not join? I`m sure VISA and Mastercard are probably planning to create cobranded cards with these blockchain companies, and then get free marketing from the blockchain hype.
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