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We could say that the major centralization aspect is happening in China because most of BTC trading and mining is happening there. That does not make bitcoin centralized but it could be considered by some as some sort of centralization.
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Best way to teach someone about BTC?
Find out where a btc merchant is in your area. Go there and by something with someone you think should know about BTC. And then let them ask you questions.
That's the best way.
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Dear traK4Ubitl, I don't have you on my ignore list and I never will put you there.
The thing is Solero pointed out something which is really clear. You are only trolling right now.
You'll not be stopped but you'll never be answered anymore.
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He started looking like a clown, a crazy rich man. He destroyed any politically correct way of doing a campaign (which in some sense in good because we realize, more than ever, how fake that is.
Now he's probably going to be the next US president.
Hollywood made possible..
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Our global financial system moves trillions of dollars, serves billions of customers and supports a global economy worth more than $100 trillion. Imagine what it could do, were it not in such shoddy condition. It is antiquated, a kludge of industrial technologies and paper-based processes dressed up in a digital wrapper. It is centralized, vulnerable to data breaches, systems failure and terrorist attack. It is exclusive, denying billions of people access to basic financial tools. It is opaque, baffling monetary policy makers and financial regulators, thanks to the compartmentalization of oversight. And it is monopolistic, lobbying for the status quo and stifling disruptive innovation. http://www.huffingtonpost.com/don-tapscott/how-will-blockchain-chang_b_9998348.html |
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That's Fortune, they talk money and people who read Fortune don't seem to me the people that worry about Decentralized Autonomous Organizations.
If that is a good way of taking some short-term profits, that's enough.
So, yes, I agree with you.
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....people believe him because he's a show man, he knows what to say, what most of the people want to hear and when things need to be said.....
You mean, like Obama? I mean yes they are all the same in the end: the usually play in the same teams behind the scenes. But I don't know why this guy troubles me more than any other guy.One possible answer is that the others hide their psychotic narcissism with a smiley faced false front and Trump doesn't. Some people would find this revolting and not see the underlying similarity. I wonder if a lot of people literally vote for someone "they like." But it seems if that were so the same people that voted for Obama, would never, ever vote for Hillary. Exactly! That is the point of it all! Trump is an "organic" true crazy man: it seems he's not acting at all, he's like that, naturally, organically. While the other one, as you pointed out, is simply and truly fake. Once I saw a documentary http://www.pbs.org/wnet/wideangle/episodes/the-prime-minister-and-the-press/introduction/?p=913 about Berlusconi, former Italian Prime Minister. It seems that people voted for him because they "liked" him. |
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Quiet in here. Not so quiet over here.  There's some real coding going on under the hood that is true, but it should be noticed Silk is a bit behind with the planned roadmap. To me nothing major, only a bit disappointing. Even though I know that coding is far more important. What planned roadmap? Never thought there was one. Heard some mentions of April, but hey, it is what it is. I think we see something before Summer's end. Yes that is what I meant: there were thoughts of releasing something between March/April. I used the word roadmap in that sense, and yes, as far as I remember there's never been an official roadmap. Only that, don't worry |
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Quiet in here. Not so quiet over here. There's some real coding going on under the hood that is true, but it should be noticed Silk is a bit behind with the planned roadmap. To me nothing major, only a bit disappointing. Even though I know that coding is far more important. |
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....people believe him because he's a show man, he knows what to say, what most of the people want to hear and when things need to be said.....
You mean, like Obama? I mean yes they are all the same in the end: the usually play in the same teams behind the scenes. But I don't know why this guy troubles me more than any other guy. |
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We already have a centralized mining horizon (80% of mining is in China). I don't see how we are in a free market right now.
Don't know how accurate are your stats ,even if its true ,I don't see see any relevance in it being called "centralized".Mining isn't profitable anymore,with electricity costs and everything ,difficult for an individual to make profit out of it especially in the western countries where prices are sky rocket high.China has mining farms on a large scale,early adopters.The mining farms are too expensive to be shut down considering the amounts invested in them. This dilemma is a true one and creates increasing troubles to the mining industry approaching the halving.
For the first time I am a bit worried.
Again,the lesser the miners it will be more lucrative for them with the low block rewards. What can I say? Do the math and check for yourself here https://blockchain.info/pools?timespan=24hrsYou are a bit superficial regarding the matter: I think it's very important knowing who controls the mining operation. |
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We already have a centralized mining horizon (80% of mining is in China). I don't see how we are in a free market right now.
This dilemma is a true one and creates increasing troubles to the mining industry approaching the halving.
For the first time I am a bit worried.
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A new entity called The DAO, created using the Bitcoin-inspired financial platform Ethereum, has collected more than $100 million worth of cryptocurrency since late April, and will use the funds to support projects in the sharing economy. The DAO is being touted as a model for a new kind of organization, created and run using blockchain software rather than conventional corporate structures. http://fortune.com/2016/05/15/leaderless-blockchain-vc-fund/ |
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Yet another hot wallet breach for an exchange. Nothing new actually: this is, and will allways be, the main problem for the bitcoin ecosystem. Again, these are the news that make new people disappear
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Banks are investing quite a few money into blockchain development: you all know they don't care about bitcoin. They hate bitcoin, because BTC showed everyone here that creating money is a matter of trust (and a damn good cryptographic protocol). Banks will not disappear, unfortunately they will adapt to bitcoin by creating their own cryptocurrencies.
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I found a part time job as a bitcoin consultant and they actually pay me in bitcoin. It's not over yet though. I still need more bitcoins to go "all in".
But for the first time I feel like bitcoin is more than is actual value. And I love that.
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You can go all in only once in a game, usually at the end of your game. That means you lost everything you had. In other words don't go all in unless you are really force to. Otherwise that's the end.
Once I went all in with AA and I lost against 2 8... that was sick
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I stopped betting since the best leaugues are almost over and I don't quite like to bet on the last games since sometimes it's easy to have "fixed" ones.
My betting season has been quite good I almost got 2btc starting from 0.35btc. I had some losses as well but some parlays did the job for me.
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It's yet another cloud mining ponzi scheme. If they were able to do it quantum mining why advertising it all over the internet?
They could disrupt the market, take advantages and run away. So why asking people for money?
Their biggest mining contracts are sold out. Maybe they made a lot of money.
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It seems like Trump is the (un)natural evolution for the States Administration. That man scares me as well and I am afraid he will get a lot of votes.
I really don't like his reasonings.
There is really only one reason why people like Trump. And it is NOT because he necessarily has any good ideas. Here is what it is and how it works. For a long time, now, people have seen and felt that there is something wrong in government. But nobody in government has come out and clearly expressed the major things that are wrong... at least not as a candidate for the presidency. Trump is simply showing the people that they were and are right in many of the ways that they have thought government is wrong. This confirms that they have been right, and people like to have somebody telling them that they are right. Now that people are all happy with Trump telling and showing them how they are right, it makes them feel that he honest, and in honesty will clean up the mess. No president can clean up the mess. It will take the people, themselves, to clean up the mess. Here is the danger that Trump poses for the "system." The people just might follow Trump's example and clean up the mess, while attributing (in their ignorance) the cleaning up that they did to Trump.  I don't think it is as you say but I understand what you mean. The man is crazy: people believe him because he's a show man, he knows what to say, what most of the people want to hear and when things need to be said. I don't see any difference between Trump and Clinton: I don't like them both. Whoever will win there are going to be troubles |
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