This is why 2 pages back, I brought up the point that we need to create machines that we can fully control, not ones that will harm us.
And we need a central system to monitor this, because conceivably there will be people who want to destroy the world just as there are suicide bombers now. Can't let them create a machine that will exterminate us all.
But then, who knows whether this central control doesn't fall under the control or influence of the machines themselves, like current states fall under the power of human profit seekers ? Once machines are more intelligent than us, and are capable of designing other machines, the control will totally escape us, because we will not understand their strategies. And there's nothing wrong with that. Evolution has exterminated a lot of species and brought forth more intelligent species. Up to now, evolution was based upon carbon biology. That carbon biology may be the genitor of silicon biology, and if that is superior, then silicon biology will take over. We are then just a step in the ever-improving life forms in our universe. Humans were just a step in this process. We are maybe also expendable. There's no reason to believe we are the end point in evolution. We don't need AI, just a centralized (yet open source) big computer that calculates global earth resources and decides what can or cannot be used depending on the risks of creating poverty/ecological damage and not on the risks of losing money in a business or how much profit you make by doing so which is what we have now. |
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If everytime Alex Jones has predicted an economic U.S collapse I recieved a Bitcoin, I would be in retirement as we speak.
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Im not sure I get exactly what you mean but if I understood it correctly, it would make avoiding taxes easier than it is now, and i dont think want that.
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THe page is in russian, so can't really view or understand much. As for excursions with bitcoin, I had a vegas trip last year with bitcoin alone.  Lucky guys. I haven't got enough Bitcoin to spend, im on saving mode until I feel comfortable enough with my savings. yes they are including the elite class: D I just lower class, monthly income below 1 BTC from where you get a lot of BTC? gamble? Damn, if your lower income is lower than 1 BTC you must be on a third world country. Where are you from? I assume extra coins you could make in sig campaings alone are a great extra for you. |
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This is the current opposite of what Satoshi wanted. Trying to emulate the fiat system within the blockchain is the ultimate non sequitur... it absolutely defeats the purpose. I hope people don't buy on this crap.
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LOL
Cool story, bro!
Etherium!!! Ha, ha, ha! To make bitcoin price rise!!! Ha, ha, ha!!!
ROTFLMAO
All these technologies being build around bitcoin will be huge in the future, we aren't aware yet of the ramifications of technologies like etherium or maid. |
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I dont see how the transition towards other system could happen, but i still await a reply for this one: how in hell is capitalism supposed to function in the future then 99% of jobs are going to be automated by machines? I ask.
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How about you post a source with this stuff? I've never heard any of this but it's not entirely clear what you're saying on some of your points.
No need for source, storing food in plastics is a stupid idea.. microwaving food covered in plastic is even more stupid. You should get crystal containers and store food there, they can be frozen and microwaved without toxic problems. |
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Well, spitting is disgusting so fuck them, someone else has to clean all that shit but people dont seem to care about it. If they know they can get finned they'll think about it twice.
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In theory, bitcoin could incorporate any feature from any codebase. It could move to cryptonote even, if a consensus majority agreed. Which they never would, for obvious reasons  Your most important two words are "in theory". Bitcoin could possibly survive adding features from branches of it's own codebase, but even if a coin added ring signatures etc to the bitcoin codebase inheriting changes this fundamental and large would arguably destroy the trust in the protocol. It's obvious you don't think cryptonotes features are worth having in crypto-finance, but there are many many of us who believe they are not only worthwhile, but essential. It may not be Monero, or cryptonote, but some blockchain that offers solid simple fundamental privacy HAS to exist. It will never be Bitcoin. This. It has been said before, Blockchain cant adopt ring signature technology, it would need a major rewritting of the code, fork.. tons of stuff that are not good for the stability of the network. Bitcoin doesn't need to be what it isn't, that's why both Bitcoin and Monero have legitimate value. This is also a very important point. It is arguably better for each blockchain for them both to exist. Andreas Antonopolous himself has been saying repeatedly that Bitcoin cannot guarantee total anonimity and that other altcoins should be used if one was concerned about remaining 100% anonymous, so he does not see a problem with it. |
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So far most (all?) of bitcoin's competitors, i.e 'altcoins' are created by random groups of people who aren't that influential in the grand scheme of things. As such, bitcoin's first mover advantage is huge; it is almost impossible to overcome. Another common argument for bitcoin, is that whatever features altcoins come up with, it can be implemented in bitcoin as well, if it's beneficial enough.
But what if bitcoin's competitors are not random 'altcoins' but cryptocurrencies designed and controlled by large governments or corporations? In the Economics sub-forum, we see threads like Canada trying to make its own cryptocoin pegged to the Canadian dollar, and IBM is possibly going to make their own as well. How will bitcoin fight against these competitors? Though bitcoin already has some infrastructure set up, for many bitcoin companies, they can probably switch to a government controlled crypocurrency easily. Bitcoin's first mover advantage can be easily overshadowed by governments trying to promote their own currencies, while making it harder for bitcoin to succeed.
So how will bitcoin edge out against these competitors? Before you say "well, bitcoin is decentralized so centralized government cryptocurrencies will not succed", are you sure about that? The majority of bitcoin supporters are either huge techies or motivated by their political beliefs, thus they see value in decentralization, getting rid of fiat, and stuff like that. But even for someone like me, who has read a lot about crypto, its benefits and effects, I'm not wholly convinced that decentralization is such a big advantage. Heck, I'm not even convinced it's a good thing. And I believe the majority of the world is like me, and not like you guys. If a government based crypto gets better infrastructure, approval from the government, ease of use, etc, I just don't see how the normal Billy Bob Joe will care for or understand the benefits of decentralization. I think a good example is Ripple. Though it's centralized, it's still bigger than most alt coins. Now imagine what a government backed Ripple can do.
I am bullish on bitcoin, and I hope that bitcoin will succeed versus a government/large corporation controlled coin. But I think we need to critically look at bitcoins strengths and weaknesses, and how exactly bitcoin will edge out all competitors, including huge goliath's like the government. If bitcoin's technology proves to be as innovative and revolutionary as promised/hoped in the next few years, I think we can be sure that governments will seriously try to promote their own crypto instead. If we don't want centralization, if we don't want government controlled money, we have to take steps now to prevent that from happening.
If these competitors happen to come from centralized entities, people will (hopefully) be repelled by it when we have the original, open source, no strings attached, apolitical option (Bitcoin). In any case, Bitcoin will forever remain the e-Gold, even if another crypto takes off as a replacement for fiat. |
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that is why the infrastructure is important. To encourage spending, there must be stores accepting it. Most of the time, when I purchase 1 bitcoin, I will end up hoarding it for some time until I find places or merchants that accept bitcoin. I'm not saying the theory is not workable, in fact it is what happening right now, but instead of spending and the whole process reduces supply in the market, we ended up holding it longer, so the spending cycle is not working.
The problem with spending bitcoin is it feels to valuable to the average joe. A person buys 1 bitcoin, and this person treats it like an ounce of gold, not like some coins you use to buy groceries. So people tend to hold, or dump if they dont have patience and are scared. The people dumping btc instantly for fiat are the big ass whales like overstock (whales in the sense of people running millionaire business). Also mining whales that need to pay expenses. |
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Correct me if im wrong, but not a single company stock or asset has ever ever reached 1 million dollar each, its ridiculous. Imagine the market cap required for that.
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For me, short-term = No way.
Long-term == Yes, since I will eventually be needing much more than I have now.
Is money one of the three most important things in your life?
For me money is not everything, but everything needs money. Yup. Every thought requires energy, and putting every thought in progress requires money. Money is energy, because it makes things happen in real life. It is what it is. |
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Essentially we need to encourage people to spend and spend so that it becomes a norm. Eventually one day when the mining reward is gone and the network will depend entirely on fees alone to survive, it will become a big problem, because people will continue with similar trend and hold it idling in the wallet.
But Bitcoin feels too much like gold. When you own some you value it too much to spend it on mundane shit, when you have fiat for that. |
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EUR is bleeding out faster than I thought. It's like free btc.
That's what you get when you start giving it away for free. The Union threw its precious Euro into a number of black holes like Greece and Cyprus and now people are arguing that these countries would be prospering better without it. Soon Britain will be congratulating itself as GBP is doing great compared to EUR. Yea its pretty bad. I was thinking parity by second quarter but now I'm thinking it will tank much farther. I think we will see a small correction upwards again before it starts going down again and potentially go under euro... |
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So what we have to do with this text now? Maybe ask about translation on Chinese board and repost it.
I tried with Google translator but it was a mess. We need native chinese translators otherwise im not bothering with reading all of that. |
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Like twister said chaturbate has bitcoin option, I dont view cams but I know enough about them to know alot run on currency like credits, you buy then give then sell credits. Girls wont actually recive bitcoin however the viewers can buy credits with it
No, I said they had that option but they stopped. girls do accept bitcoins on webcam sites
there are already few cam sites that accept bitcoin as payment i.e chaturbate
even few girls on reddit will swing few moves if you tip them with bitcoin
No, they don't accept BTC anymore. Why did they stop? It's a perfect combination and a nice use of BTC.. tipping girls its so easy with it. These dumb idiots running business that stop accenting bitcoin will look stupid when they are forced to adopt it later on again due popular demand. |
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This is an interesting way to approach the 'real' price of Bitcoin... I've seen many people do similar things. I guess one of the most prominent being rpietila, you know the guy with the castle and the pink car. Haha, man... he's awesome!
He predicted 1 Million per coin back then. I wonder where does he stand nowadays and if he still believes that will happen and when. |
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how will it be possible with a permanent record and with more adoption its going to be huge how will wallets be used then how would u host it wot if it gets to 1 yotabit
In the future space storage will never be a problem. Space storage gets better and cheaper yearly, it will never catch up to be a problem. |
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