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News: Latest Bitcoin Core release: 27.0 [Torrent]
 
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1  Bitcoin / Bitcoin Discussion / Re: Is segwit really necessary? on: July 23, 2017, 08:33:53 PM
I think my problem with this is simple. Feels like bitcoin is riding coat tails rather than implementing its own optimized solution. Hell your credit card dose t clear in 10 minutes it just trusts the card and catches the mistake latter. If it works and you fix the time problem kudos, I'd have a roll back plan too. Guess the point I'm making is that this may Make bit coin smarter, but it doesn't make it stronger, and all things are best in balance IMO..
2  Bitcoin / Bitcoin Discussion / Re: Beware of dedicated mining cards! on: July 20, 2017, 10:06:43 PM
I'm not out to tarnish anyone's reputation or support anyone else. I'm just asking has someone done the due diligence to make sure that's not the case? I believe corporations are self interested and driven by preservation just like human beings are. I don't have anything against bankers either I just don't trust them to play fair business is a dirty game that people play to win.
3  Bitcoin / Bitcoin Discussion / Is segwit really necessary? on: July 20, 2017, 09:57:18 PM
I have to admit I don't know much about the programming that runs the block chain. However I do know about the concept of overload. The main challenge to bitcoin at this time is that it it's too slow for point to point sales it's fine for online transactions, but you can't take five minutes to clear a coke a cola or a coffe. Why hasn't a bitcoin Devi managed to alllow smaller players to strictly seek transaction fees without going after the main coins. Either that or even a carbon copy of bitcoin that is fungeble on a processing level. Btc2.0 priced lower but transactions rewards default to 2.0 chain after 60 seconds or something like that. Is this even possible?
4  Bitcoin / Bitcoin Discussion / Beware of dedicated mining cards! on: July 20, 2017, 09:49:10 PM
Im a little weary of dedicated mining cards bit coin disrupts traditional banking and the major chip producer still use traditional banking to fund there projects. So I'm curious has anyone annnounced that they are going to do a hard tear down on these cards to check them for back doors built in faults and other major flaws that could be used against miners? As the old saying goes the borrower is slave to the lender and I'm willing to bet that there relationship with the big banks is more important to them than there relationship to miners.  Especially AMD they have a shitload of debt.
5  Bitcoin / Development & Technical Discussion / Re: Looks like Bitcoin will remain as it is for life on: June 16, 2017, 04:50:43 AM
We will need to resolve it sometime. I have a feeling we will be stuck in a deadlock for a couple of years more until some devs come to their senses and create a compromise. My advice would be to stay neutral in te forks.



I agree the future of block chain is distributing threw put fairly and increasing decentralization at the same time. Hopefully while creating place for smaller players, therefor playing on the systems strengths. Often when two parties disagree greatly the solution is in the middle. Ultimately the problem with this is, as it always is, that people will not easily go down a path that they think will harm them in any way. Even it represents the greater good of the community. However only threw destruction are we recreated so just as BTC nicked the old financial system. perhaps that outer fith on either side should be abandoned.      
6  Bitcoin / Project Development / Re: Stopped at a small shop yesterday. on: June 16, 2017, 04:18:51 AM
This is where you need sales people to do roll out its the next phase. Ie guys with the Atms working on both sides to make placements the current model pays residuals to all involved owner, sales person and machine builder maintainer. Ideally thought your sales guy is also maintenance. Everything could be done for a 10th - 20th of a percent and people would still make plenty of money. Indeed the next step. 
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