OMFG Are we at the 5th exchange hacked or closed in a few days? The 6th? I literally lost count  |
|
|
|
|
OP:
Your thread is confusing.
First, you ask how bankers can implement distributed ledger technology without miners. People tell you that they can do it with the ripple network (or Huperledger and others). The ripple network was built with that purpose in mind, doesn't force anyone to deal with a volatile cryptocurrency, is more scalable and effectively cuts costs (unlike bitcoin, which is not cost efficient at all).
Then you start to ramble about debt-based systems suggesting in some way that bankers are gonna suddenly switch to austrian economics and embrace bitcoin or whatever.
What are you trying to say exactly?
|
|
|
|
How the hell are legacy financial institutions going to implement blockchain technology without a distributed network of miners to secure it?
With the ripple network, hyperledger, etc. /thread |
|
|
|
|
Apparently a lot of ATMs in Canada and elsewhere were based on Cavirtex.
|
|
|
|
All aboard the imminently departing train to 300.
 |
|
|
|
no exchange hack today? lol
Not a hack, but this exchange just announced that they will close soon: https://www.netagio.com/lol |
|
|
|
Bulls, somebody is calling you:  |
|
|
|
My reaction to this  These exchanges are of no significance BTER was a known altcoin exchange. |
|
|
|
|
Bulls, be sure to scream "moon" at the next pump&dump too.
We count on you.
Until next time, bye y'all!
|
|
|
|
|
It took 2 and a half days for that pump, but it only took a few hours to almost retrace completely.
Bullish!
|
|
|
|
Now THAT'S what I call redistribution.
Looks like it's your lucky day. More of that coming 4 u. |
|
|
|
|
Don't listen to trolls. This is just a correction. The pump will not retrace completely like all the other 34589803495 times. This time is different. We are slowly heading back to the ATH. This time 4 realz.
|
|
|
|
So everyone reading this forum should just believe that a non scalable, irreversible (0 consumer protection), very-easy-to steal, ridiculously volatile, bullshit distributed, china megamines powered pyramid scheme currency is gonna suddenly replace every fiat currency, central bank, need for monetary policy etc?
I think everyone reading this forum should be free to believe whatever they want. Isn't it wonderful? If you don't like it, you can get the fuck out any time you choose. Cheers. You are free to believe whatever you want, have I ever told you the opposite? |
|
|
|
...
Bitcoin at least provides an accurate ledger of who owns what. The current system has hopelessly obfuscated ownership of assets in a cascade of derivatives.
I'm glad that you enjoy knowing that 1LolIStolededURCoinzKthxBai has your Bitcoin. Good luck doing anything with that  Haha, Ummm, wut? Did bitcoin get hacked? The protocol got broked? I control the keys. No one can move the coins but me. If you are uncomfortable with being responsible for the security of your own finances, then by all means, feel free to entrust them to a third party. Bitcoin is very secure for you if you don't have to move your money around and if you keep it in cold storage HODLING dreaming of riches. As long as you don't have to use it as a currency (woops) for every-day use, bitcoin is very secure. Then sure, someone could simply pay less than a billion dollars to attack the network, or pay some miners to form cartels and effectively destroy the network and render your precious cold storage coinz useless destroying confidence in any proof-of-work cryptocurrency, but we don't talk about that. |
|
|
|
So everyone reading this forum should just believe that a non scalable, irreversible (0 consumer protection), very-easy-to steal, ridiculously volatile, bullshit distributed, china megamines powered pyramid scheme currency is gonna suddenly replace every fiat currency, central bank, need for monetary policy etc?
You bitcoiners don't know how the world works have some wild imagination, I gotta give you that.
Oh well.... “ Here's to the crazy ones. The misfits. The rebels. The troublemakers. The round pegs in the square holes. The ones who see things differently. They're not fond of rules. And they have no respect for the status quo. You can quote them, disagree with them, glorify or vilify them. About the only thing you can't do is ignore them. Because they change things. They push the human race forward. And while some may see them as the crazy ones, we see genius. Because the people who are crazy enough to think they can change the world, are the ones who do.” ― Apple Inc Stop dreaming and thus stop living. Yeah, but some dreams can be reasonable, some of them are plain delusions. |
|
|
|
|
Show Posts
