 1000 hp CCMF? I’m in. |
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Say nothing at all. Let newcomers figure it out. Sink or swim.
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Interesting battle ahead. But it’s still a few days off. Hold onto your trouser pants if we sail through.  |
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The TERA account is definitely not the real Tera now. They can barely speak English. Real Tera was quite articulate.
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Shares on a public blockchain are going to be a thing. Real shares. Like Apple and Amazon and even Berkshire Hathaway. Not this pretend kindergarten shit we have had so far.
But Bitcoin needs a way to record and transfer these shares. Like colored coins. There are a bunch of contenders for which public blockchain will win. It will not be Ripple or Stellar. ETH is the obvious threat but they have their own problems right now.
Do you mean all the ICO's and erc20 stuff from basically 2017? Yes. The legislation to support the changes is coming. It will start in the smaller, more agile countries and spread into places like the US. Problem is that even if they wanted to meant those tokens to be shares that would make the SEC involved. So, currently, those just useless tokens with no representation of ownership. The SEC will be involved and will bless it. It will all be fully legit. Blockchain makes it impossible to rehypothecate (hmm, not quite the right term, but best I can come up with ATM), so it will not be embraced for equities until it is forced on them. Ever tried to get a certificate for a stock you 'own'? Since the broker sold it to 50 different people (number out of my ass) and never bought it in the first place, it is next to impossible. But very, very profitable! If I can make time for it, I'll try to dig up some of the articles on it. Horrifying and fascinating at the same time... Blockchain will be used for settlement not trading. So if you allow your cryptoshares to stay in your brokers’ account they may be lent without your permission. Not your keys etc. Brokers (not exchanges) are most at threat of disruption. At least until decentralized exchanges stop being a shit show. Then the revolution really kicks in and exchanges go the way of the dodo too. Just for clarification. You're saying that classic exchanges will go the way of the dodo, not decentralized ones, right? Correct. Sorry for not being more clear. |
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Shares on a public blockchain are going to be a thing. Real shares. Like Apple and Amazon and even Berkshire Hathaway. Not this pretend kindergarten shit we have had so far.
But Bitcoin needs a way to record and transfer these shares. Like colored coins. There are a bunch of contenders for which public blockchain will win. It will not be Ripple or Stellar. ETH is the obvious threat but they have their own problems right now.
Do you mean all the ICO's and erc20 stuff from basically 2017? Yes. The legislation to support the changes is coming. It will start in the smaller, more agile countries and spread into places like the US. Problem is that even if they wanted to meant those tokens to be shares that would make the SEC involved. So, currently, those just useless tokens with no representation of ownership. The SEC will be involved and will bless it. It will all be fully legit. Blockchain makes it impossible to rehypothecate (hmm, not quite the right term, but best I can come up with ATM), so it will not be embraced for equities until it is forced on them. Ever tried to get a certificate for a stock you 'own'? Since the broker sold it to 50 different people (number out of my ass) and never bought it in the first place, it is next to impossible. But very, very profitable! If I can make time for it, I'll try to dig up some of the articles on it. Horrifying and fascinating at the same time... Blockchain will be used for settlement not trading. So if you allow your cryptoshares to stay in your brokers’ account they may be lent without your permission. Not your keys etc. Brokers (not exchanges) are most at threat of disruption. At least until decentralized exchanges stop being a shit show. Then the revolution really kicks in and exchanges go the way of the dodo too. |
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JJG: we can talk about it later after the kids have gone to bed.
At the time of my post, I was having a brain fart (regarding EDA), and largely it was due to my not giving much of a ratt's ass about Bcash - but I figured it out after I saw it used in another post by another member who shall not be named. Just for others EDA = Emergency Difficulty Adjustment - which was not just a one time thing in Bcash, and it ended up in some kind of stupid-ass hardfork in Bcash in November 2017 to make further adjustments.. some of which was described in this October 31, 2017 article. More importantly it allowed the Bcash team to premine Bcash under everyone’s noses. The Bcash team likes to pretend this was an accident but they modeled it very carefully and the algorithm worked exactly as intended. |
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Read the white paper of the Gibraltar Blockchain Exchange. Ignore the bit about the GBX and focus on the plans for the Gibraltar Stock Exchange (GSE) to list fully regulated securities on the blockchain. That’s where the real action is.
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Shares on a public blockchain are going to be a thing. Real shares. Like Apple and Amazon and even Berkshire Hathaway. Not this pretend kindergarten shit we have had so far.
But Bitcoin needs a way to record and transfer these shares. Like colored coins. There are a bunch of contenders for which public blockchain will win. It will not be Ripple or Stellar. ETH is the obvious threat but they have their own problems right now.
Do you mean all the ICO's and erc20 stuff from basically 2017? Yes. The legislation to support the changes is coming. It will start in the smaller, more agile countries and spread into places like the US. Problem is that even if they wanted to meant those tokens to be shares that would make the SEC involved. So, currently, those just useless tokens with no representation of ownership. The SEC will be involved and will bless it. It will all be fully legit. |
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Shares on a public blockchain are going to be a thing. Real shares. Like Apple and Amazon and even Berkshire Hathaway. Not this pretend kindergarten shit we have had so far.
But Bitcoin needs a way to record and transfer these shares. Like colored coins. There are a bunch of contenders for which public blockchain will win. It will not be Ripple or Stellar. ETH is the obvious threat but they have their own problems right now.
Do you mean all the ICO's and erc20 stuff from basically 2017? Yes. The legislation to support the changes is coming. It will start in the smaller, more agile countries and spread into places like the US. The NYSE will be on a public blockchain, hopefully Bitcoin, within 10 years. |
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Shares on a public blockchain are going to be a thing. Real shares. Like Apple and Amazon and even Berkshire Hathaway. Not this pretend kindergarten shit we have had so far.
But Bitcoin needs a way to record and transfer these shares. Like colored coins. There are a bunch of contenders for which public blockchain will win. It will not be Ripple or Stellar. ETH is the obvious threat but they have their own problems right now.
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Can we go back to arguing about child support?
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Elwar: can you create colored coins or ERC-20 style tokens?
Colored coins might be possible but a smart contract would still be required. I wouldn't use an ethereum token because I don't want to go down that path and confuse users with ethereums. Great. Let me explain myself. Global equity markets are going to slowly transition onto public blockchains. It’s going to start this year. We need to be able to offer equity instruments (eg shares) on Bitcoin or a side chain or second layer. If we don’t, another public blockchain will fill the hole. The Gibraltar Stock Exchange will probably be the first to offer regulated securities on a public blockchain. Others will follow quickly. Eventually LSE, NYSE etc will see the writing on the wall. |
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Topic: The fabled GMO cards from Japan will be contract only... whip-round? Sure. If they guarantee uptime and hashrate backed by a bank guarantee and the numbers stack up. The operational fee "TBD" is just an invitation to go negotiate with them directly. |
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The Hairy Channel Observer continues. We are consistently sitting in the top half of the channel. Above $12k would be the second upward breakout since the bottom.  |
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You know something is up when I agree with Ibian.
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How charming. Seasteading with Team Bcash without the seasteads. Barf. “Billionaire Calvin Ayre is building an exclusive deluxe resort in Antigua and Barbuda, a little island in the Caribbean, funded with revenue and profits gained from Bitcoin Cash.” No scam here. Oh no sir. Bcash isn’t for private profit, it’s for the people! https://www.btcnn.com/calvin-ayre-builds-resort-antigua-funded-bitcoin-cash/ |
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JJG: we can talk about it later after the kids have gone to bed.
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Shorts continue to grow on a net basis.  |
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Won’t somebody think of the charts?
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