Seriously?
I saw this claims many times, when it comes to Apple. There are people worshiping Steve Jobs as a perfect being, the same way, some people worship Satoshi as a perfect being.
That's because Steve Jobs purposely engineered it to be this way. And I said usually. A company with a trillion dollar market cap is not "usual". So, we agree, if Bitcoin is a religion, than Apple is also a religion? It's a little bit less of a religion, but yes. |
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It's been said in various places that there has been ambiguity on this point and that Symbiont may not use Counterparty/XCP. I do agree that this post should not have been needed and that it should have already been obvious that Symbiont will use Counterparty/XCP.
Over the last year and a half, Counterparty has evolved into the most advanced platform for creating financial instruments on top of Bitcoin, used by an increasing number of innovative projects. During the last couple of months, our goal was to wrap up the large scale improvements to the Counterparty software suite, complete comprehensive security audits, and once the protocol reaches a mature state start focusing on and building tools and services around it. Symbiont is a step in that direction, developing products that will be utilizing this technology, and we’re very excited to see it be put into use in systems that power modern finance. I don't understand the emphasis. The Counterparty Protocol is a purpose-built financial services layer on top of Bitcoin. XCP tokens are the necessary analogue of BTC (wrt. transaction fees) to prevent abuse of the upcoming smart contract system. Symbiont was founded in part by the founders of the Counterparty Project. Of course the emphasised sentence holds true. You'd be surprised. If I got a $1 for each time I heard that, I'd retire. I'm really, really glad that was posted. If you want to get into a fight on Reddit, post how obvious it is. I'm doubtful that even this update will clear people up. |
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Actually it was Flavor Aid and not Kool Aid.
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Our Satoshi, who art in blockchain,
Encrypted be thy name
Thy transactions come
Thy will be done on ASICS
As it is on Github.
Give us this day our daily mining reward,
And forgive our zero-conf double-spends
As we forgive them that double-spend against us.
And lead us not into alt-chains
But deliver us from Ripple
For thine is the mining rig,
The hashing power, and the block reward,
For ever and ever
Amen.
That's all the proof I need  |
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Why not what?
Why is not a religion or why most of the world still hasn't heard about Bitcoin?
Why is it not a religion? |
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i dont think that bitcoin is a religion as in religion you have to believe something even though no one can prove that its real or something like that, and bitcoin is real, no one can say that its fake so i guess its not religion
Religion is something we follow since we are born that's what our parents teach us. And following bitcoin as a religion is something far away. We don't believe that bitcoin is a religion it is just a currency which can be replaced by any other currency in the future. So it is useless to say that bitcoin is a religion. Religion can be changed, acquired or removed from ones life at any point in time. You could be 1 or you could be 101, it doesn't matter. Beliefs change, and they do not have to be mutually exclusive. Many people believe in Christianity, but also believe in spirits and supernatural phenomena even though these are considered blasphemous by Christian doctrine. It's not only a currency. It is the first time we have a verifiably immutable ledger, essentially a sequential timestamped database wherein history cannot be altered. In human history there has never been a database that could not have been altered by some means. Bitcoin is continuously evolving, and adapting. No it is definitely not a religion. Members of this forum might have a religious like craze about their Internet toy but bitcoin is far from a religion.
For me, Bitcoin is still something new, something that still needs to grow and expand. Heck, most of the people didn't even hear about Bitcoin in this world.
Why not? |
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I'm more concerned with the religion OF bitcoin. Their are FAR too many people who have near apocalyptic visions of how BTC will transform the world and bring torment an damnation upon governments, banks, Keynesians and everyone who has ever mocked them. While the BTCers will be enraptured in wealth and splendor and rule the world at the right-hand of Satoshi. Sound familiar???
Relevant: https://www.linkedin.com/pulse/bitcoin-religion-filip-martinka- |
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You can also believe in your company, country, even spouse or kids but this is not connected with religion.
People can even believe in God without need for religion.
Religion is, by definition, institutional and includes church services, the priests, shared spiritual values etc.
We can believe in bitcoin but bitcoin will never replace the institutional faith and service to God.
Taoism nor Buddhism require those. Usually people do not spend hours posting on the internet about how awesome their company is, or claim it will save the world. Bitcoin actually even has its own eschatology, as well as principles of gnosis. I notice a lot of posts here who content that it's not a religion, because Christianity is. Well, then you better go and discard all the other Abrahamic religions, as well as Shinto, Tao, Buddhism, Hinduism, etc. |
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Religion : A bullshit fantasy story created to control the masses while keeping them from being afraid to die.
Bitcoin: A bullshit fantasy story created to control the masses while keeping them from being afraid to die.
No, it doesn't translate.
Plenty of religions make no such claims. And are you stating that accumulating wealth isn't a form of self-preservation? "To the moon" |
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I would say it is more of a lifestyle rather than a religion. Most religions have some form of prayer and a building of worship, BTC does not have this. Unless there is something I am missing.
The 'building' of worship is the computer, and running a node or miner gives you a sense of being 'connected with the world'. Often people set out to preach online, for whatever reason. Everyone wants their own blockchain, because they want total control. They want to play god. |
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For sure. Blockchain/Smart contracting is hot right now. Just take a look at some of the big financial institutions working, or considering working on blockchain/smart contract pilots: CBW Bank
ANZ
Westpac
Commonwealth Bank of Australia
BNY MELLON
LHV Bank
Barclays
UBS
Goldman Sachs
ABN Amro
ING
RoboBank
SWIFT
Santander
Standard chartered
DBS
USAA
BBVA
KPMG
InfoSys Finacle
CitiBank
DTCC
Deutsche Borse
Markit
EuroCCP
CME Also NASDAQ, NYSE, etc. There's so many more. I think the only thing holding Counterparty back is the lack of a truly significant overlap between the financial sector and solid programming knowledge. Those that understand both the economic implications of Counterparty, and have an adequate grasp of Python and Bitcoin technology to know how it works... have a huge advantage right now. If Counterparty is given a chance to demonstrate its potential in this sector, then the benefits will be plainly evident to anyone. At this point the programming knowledge won't be necessary to be convinced. The idea of 'magic code voodoo' and getting your opinions from cryptocurrency news sites and message boards massively sways price up and down. In fact, many statisticians have argued that volatility is caused by the media and not economics. Consider that the Overstock news prompted a huge rush, while the current Symbiont developments are far more impressive and as far as I can tell, had barely any effect. I believe eventually it will be possible to pinpoint the exact time everything 'clicks' and perspectives change. Bitcoin has all the markings of a potential black swan event: ( https://en.wikipedia.org/wiki/Black_swan_theory) - Anti-fragility
- Decentralization
- Infinite growth potential
- High-profile
- All occurrences in the system so far are justified in hindsight as being fully explained
Slowly people realize that the Bitcoin blockchain is the only real option, and that Counterparty offers the most advanced way to use its features. I hope people will be inspired to contribute to the open source code of Counterparty and Counterwallet, because this technology has the potential to reach millions of individuals without access to banks or the financial system. I would like to also draw attention to a project which will be compatible with Counterparty: BitSIM aims to make Bitcoin and Counterparty accessible from any mobile phone (even non-smart phones!). http://www.bitsim.co/ If you're somehow not convinced, consider that even Bill Gates invested $100,000 in Bitcoin mobile technology: https://bitsoko.co.ke/https://leveloneproject.org/about-us/announcements/ |
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Those are some downright insane statements of confidence!!! Something is surely brewing... |
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Bitcoin is not (in my eyes) "miles ahead" of anything yet. For me, I see a lot of false advertising, inability to come thru with what they promise, a lot of back peddling to cover up thier false advertising, and very little ambition from the developers to actually fix problems and make their product more user friendly and easier adaptable.
At the end of the day it all comes down to the developers, and for the past 2 years they have done nothing but sit back and watch the time go by. They seem to worry more about the programmers and coders and forget they need regular people to be using their product as it is them who make transactions internationally every day not the programmer who can decipher RPC commands and understands C++
Well, obviously. It's in early development. The programmers are focusing on the parts that make it work, and great. And they are most certainly not providing "false advertising"... that would be random people from around the world. I can assure you the core devs are not advertising it. It's a software that is still getting developed, and it's "miles ahead" of any centralized system. Simply because something like this ( http://www.bloombergview.com/articles/2015-07-14/banks-forgot-who-was-supposed-to-own-dell-shares) cannot happen. Immutability is much more valuable than faster transactions. If you disagree... go work with a SQL database again... It's open-source and there is no obligation to make it accessible to regular people. It needs to be perfect and polished, not cater to the lowest denominator. If you don't understand why the concept of immutability is miles ahead of anything else, then please don't use Bitcoin. |
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We should just never have told anybody about confirmations.
Bitcoin are send instantly. I never waited long after paying for my beer, since the barman accepts 0-confirmation transactions.
People handle Bitcoin like there are double spend attacks all the time. Maybe I am in the wrong sections of this forum, but I don't see them anywhere.
Where are all this double spends, that justify waiting 6 confirmations to be sure for a >$10 item?
So, the fault is with the merchants. Do they wait 6 months to accept a credit card payments, since it could be charged back in this time? No? Why are they doing this with bitcoin? A 0-confirmations Bitcoin transaction is safer, than waiting a month after getting paid with a credit card.
Orchestrating a double-spend at a bar or restaurant would be more complicated and expensive than earning that money and paying your bill... The answer is that people are hysterical. They are non-technical non-developers and cry about 10 minute confirmations or long waiting times. They have illusions about what is and isn't, and feel clever when they complain. If you don't like or understand it, stop using Bitcoin and leave. Bitcoin is for a new generation of economically empowered individuals who wish to put their trust in mathematics rather than human beings. Just consider that some of the same people whining could be working at a bank and handling your money in the same, callous and uninformed manner. No thank you. If someone feels addressed by this, by all means, please go back to Paypal. |
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Is that why Counterwallet can be so wonky?
No, Counterwallet is sometimes wonky because advanced Javascript is notoriously unpredictable and the developers made it to accelerate Counterparty development in the space. People are encouraged to contribute to development, or create their own wallets as needed. Some recent problems were caused by changes in the BTC network, I believe. The core focus on development is always on the protocol itself, and not GUIs. Which makes sense if you think about it... If development was focused on Counterwallet, it might not be wonky but the protocol wouldn't be as stable as it is today... which is exponentially more worrying if you think about it. Essentially CW is a public service that the devs started (essentially as a favor) for others to continue, be inspired, and use some basic functions. As their extensive Wall Street partnerships show, it wasn't a necessity per se, just an asset to the community. As it is open-source, there is nothing stopping people from developing/hiring developers to continue development. If you are doing crowdsales, token sales, or hosting your own instance, then this may in the end be a profitable endeavor for you. You can see the same 'idea' in Counterparty-GUI, which is highly modular and can be customized into any kind of wallet you need. As counterintuitive as it may seem at first, Counterparty tries to adapt everything for developers rather than end-users. In the first few years of development, this is actually a brilliant idea. |
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Using OP_RETURN encoding is pruneable, and generally a lot less hackish. As eustress said, it's essentially Counterparty/Bitcoin doing their mutual parts to cooperate on a more intuitive level.
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Do you think that cryptocurrencies are religions?
gov are sect.  i prefer crypto-religious ... mathematic more faiplay.  Very true. Similarities are - it's imaginary
- it has it's commandments (rules)
any more? Have you read the article in the first post? It outlines quite a few. |
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I think it's not. Bitcoin is being created by human and everything can be proven + being calculated.
Religion is something based in trust. Can't be proven even with human calculation.
The value of any currency is based entirely in faith, like it or not. |
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