Charts have a y axis for a reason.
SLUT.
Are you referring to Chartbuddy? If so, you're absolutely right. There technically is a Y axis but the book is so flat it's under the first division. I'll see about tweaking that. |
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Well, record inflation, tax refunds incoming and bitcoin just hanging out in the doldrums. Really, I'm not expecting a big rally until the next halving but this is just kinda silly.
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Why would you even try to do anything like this in New York? Shows zero business acumen. |
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Interestingly enough, I see that Bitfury, have already rolled out a system which is in use today in conjunction with the gubermint of Georgia which does use BTC in a fashion for real estate registry. (It uses a private permissioned blockchain to collect all the data and execute the tx, and then publishes it to the Bitcoin blockchain for public verification)
So far has 300,000 properties supposedly recorded in this fashion.
"NAPR (which is charged with land registry in Georgia) was able to provide Georgian citizens with digital certificates of their assets supported with a cryptographic proof (known as a hash). This hash was published to the Bitcoin Blockchain. This enabled the owner of the document to prove their legitimate ownership of the property by showing their timestamp. No one can alter the timestamp on the Bitcoin Blockchain, including NAPR.
Integrating this layer meant that information about a property title could not be altered, and that any attempted tampering would be equivalent to tampering with the Bitcoin Blockchain (making it publicly visible to everyone on the Bitcoin network)"
Good, practical use. Not an NFT. |
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Sound crazy?
Yes. But it also sounds likely. |
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Is it busy? I have seen more and more of these pop up, and manage to stay open in Spain, they used to open them, and then close them again because they did not get much business. Now in city centres they have managed to keep some open, and they are mainly full of kids or tourists though (why would you go to spain, or Italy as a tourist and eat MacDonalds?)
When I was in Paris a good few years ago, there was a McDs near the arc that seemed to be quite busy. They've been all over the UK for donkey's years, of course. |
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There is no such thing as a “useful NFT”.
Read Torgue’s & Richy’s comments on that, again.
I wouldn't go so far as to say that there couldn't be a 'useful' NFT, just that as when I saw Vitalik talking about smart contracts back in chicago many years ago, I think the potential use cases are a lot narrower than is being hyped. (The whole "buying hashes of pictures you don't own" is obviously complete BS though, of course). |
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OT:
Muting your mic reportedly doesn’t stop big tech from recording your audio https://thenextweb.com/news/muting-your-mic-doesnt-stop-big-tech-recording-your-audioWhy am I not surprised. I long suspected that video conferencing software would have this issue, especially with all the world's WFH employees now on Zoom or similar. It's a feature, not a bug. Big brother is listening, and your company is likely spying on your muted utterances.  Wanna mute and call your boss an fkn asshole, or that flake co-worker a bitch, under your breath? Better think again.  Good info. Muting audio is easy enough, muting the mic from the OS more difficult. I wonder if there's an easier way than suggested in the article. |
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Using a blockchain while having a 51% attack advantage on said blockchain, is a contradiction in terms...
Sure thats a fair point... I was just answering the "who pays" aspect, and before that the "why" aspect, and as I think I have shown the who and why and how are actually, upon looking , quite obvious. The "who pays" question raises exactly this point. When those performing the security are monolithic in nature (either explicitly or by implication), you might as well use a private database. |
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So, the idea I believe is that they partner with various established players within the industry , in conveyancing, legal, HMRC, banks etc... and these guys who participate will/can run nodes to support the chain, and so the cost will be shared by them (and they will reduce their margins, and increase their profit by doing so)
The idea, that , it will be cheaper to maintain, than the current system(s) , more easily accessible, much much faster/streamlined, and far less prone to being gamed/defrauded.
So why would the land registry not just run a private secure database and charge fees to cover development costs? All the problems and expenses you decry are issues with the bureaucratic structure, not the underlying tech. A bureaucratic structure that isn't likely to take well to immutable databases, at that. |
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 1.6$ Billions in bitcoin is scanned via QR- code. Thinks how bitcoin technology changes the world mindset. Now, it is better to hold your money in bitcoin then holding gold. Both have different facts and figures. 1.6G$ in gold that the US is holding for you, honest.  |
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So in further update, it looks like imgur is over capacity and kicking back CB uploads. CB gives up if either of the images fail to upload so that doubles the chances of something not going right. I'll have a think about the best way to handle it.
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Seems like CB is suffering some kind of imgur error. Anyone know if they started throttling or something?
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By the way, even CB seems to be losing interest in this talking about bitcoin thingie... .. skipping posting at certain hours as if some of those hourly posting requirements were optional or did not even exist?
I'll try and add some logging tomorrow. Nothing has changed at my end. |
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If I had to guess, the reason would be , that due to the nature of the transaction, and the multiple actors involved, that, from a legal standpoint, they prefer the immutability and distributed nature of a blockchain rather than a leaky old centralised system, which could potentially be gamed with more ease. Not to mention, that there would also be a greater potential for interoperability going forward.
Who's going to be paying to secure this blockchain? |
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Where are you cb? Why are you late and skipping doses? I’m worried.
Weird. No idea what happened. Internet was fine. Possibly some bitcointalk thing. I don't really capture any errors or anything. |
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Look -m even billionaires are dumb fucks. "I changed my mind about crypto.. I don't know what the fuck it was but now that I changed my mind about it, I still do not know what it is." In other words, he does not know what he changed his mind about, and if anyone interviews him to find out what he is doing exactly, I hope that they can at least get him to describe what he might be doing (that is different) beyond vague ass concepts of changing his mind from one amorphous thing to another amorphous thing.
All the cool kids are doing it. Guess I'd better light up too. |
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 They are characters , from Trading Places, Randolph & Mortimer Duke.... Just the good old boys, never meanin' no harm. |
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