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I've recently downloaded software - and it makes me wonder how long before the general population begins to adopt it too....
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I asked a hooker if she accepted bitcoin. She told me no because it goes up and down more than she does. How many miners does it take to change a light bulb? A million - one to do it and the rest to verify he did it. What’s the difference between Mt Gox and marriage? There’s still hope of recovering some of your coins after Gox Why are the Chinese dumping their Bitcoins this week? Because they were Wong about Wright. Boy asked his bitcoin-investing dad for 1 bitcoin for his birthday. Dad: What? $8,554??? $8,854 is a lot of money! What do you need $8,682 for anyway? *buys 0.0000000000001 bitcoin* changes bio to: Entrepreneur & cryptocurrency investor | Upcoming millionaire | Looking for real estate | Business inquiries: markbitcoin@gmail.com
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I asked a hooker if she accepted bitcoin. She told me no because it goes up and down more than she does. How many miners does it take to change a light bulb? A million - one to do it and the rest to verify he did it. What’s the difference between Mt Gox and marriage? There’s still hope of recovering some of your coins after Gox Why are the Chinese dumping their Bitcoins this week? Because they were Wong about Wright. Boy asked his bitcoin-investing dad for 1 bitcoin for his birthday. Dad: What? $8,554??? $8,854 is a lot of money! What do you need $8,682 for anyway? *buys 0.0000000000001 bitcoin* changes bio to: Entrepreneur & cryptocurrency investor | Upcoming millionaire | Looking for real estate | Business inquiries: markbitcoin@gmail.comPlease share your own bitcoin humour!
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I asked a hooker if she accepted bitcoin. She told me no because it goes up and down more than she does. How many miners does it take to change a light bulb? A million - one to do it and the rest to verify he did it. What’s the difference between Mt Gox and marriage? There’s still hope of recovering some of your coins after Gox Why are the Chinese dumping their Bitcoins this week? Because they were Wong about Wright. Boy asked his bitcoin-investing dad for 1 bitcoin for his birthday. Dad: What? $8,554??? $8,854 is a lot of money! What do you need $8,682 for anyway? *buys 0.0000000000001 bitcoin* changes bio to: Entrepreneur & cryptocurrency investor | Upcoming millionaire | Looking for real estate | Business inquiries: markbitcoin@gmail.comPlease share your own bitcoin humour!
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In the words of the American economist Abba Lerner, from his essay in the 1947 edition of the American Economic Review
“The modern state can make anything it chooses generally acceptable as money . . .It is true that a simple declaration that such and such is money will not do, even if backed by the most convincing constitutional evidence of the state’s absolute sovereignty. But if the state is willing to accept the proposed money in payment of taxes and other obligations to itself the trick is done.”
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In the words of the American economist Abba Lerner, from his essay in the 1947 edition of the American Economic Review
“The modern state can make anything it chooses generally acceptable as money . . .It is true that a simple declaration that such and such is money will not do, even if backed by the most convincing constitutional evidence of the state’s absolute sovereignty. But if the state is willing to accept the proposed money in payment of taxes and other obligations to itself the trick is done.”
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As you all know, the U.S regulators have recently subpoenaed Bitfinex and Tether.
If the outcome is negative, will this impact the market or has it been priced in?
Submit your vote above.
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Bitcoin is at a major crossroad in its development and adoption.
Personally, I'm torn. I firmly believe that it is the most decentralized of all - but another part of me hates the control it commands in the markets of altcoins.
Is it time to move on to an alternative, or is there reason to believe we aren't there yet?
Submit your vote.
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Before the scam artists, billions of dollars and wild speculation, cryptocurrencies were set out to empower people by decentralization - a term misused and underappreciated by many. Bitcoin has provided us with the first stepping stone in what will be an uphill battle against the corruption, oppression and greed of financial institutions and governments alike. We've come a long way, but the battle has only just begun. As long as we rely on centralized exchanges as gateways, we continue to deprive ourselves of a truely decentralized means of exchange.
It is only a matter of time before the technology catches up to our needs - and when it does, governments will shake.
Decentralized exchanges will need to find ways to integrate atomic swaps, smart contracts and fiat currencies in order to compete with today's exchanges. Decentralization will make it virtually impossible for governments to regulate and allow users to transact completely anonymously while spending almost nothing on trades.
Progress becomes increasingly important with every hack and shut down of centralized exchanges.
Let's do our best to raise awareness and support decentralized exchanges. Don't underestimate the change.
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Do you believe this will ever happen, and if so, how long?
Please select one of the options above for this poll.
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Do you believe this will ever happen, and if so, how long?
Please select one of the options above for this poll.
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Before the scam artists, billions of dollars and wild speculation, cryptocurrencies were set out to empower people by decentralization - a term misused and underappreciated by many. Bitcoin has provided us with the first stepping stone in what will be an uphill battle against the corruption, oppression and greed of financial institutions and governments alike. We've come a long way, but the battle has only just begun. As long as we rely on centralized exchanges as gateways, we continue to deprive ourselves of a truely decentralized means of exchange.
It is only a matter of time before the technology catches up to our needs - and when it does, governments will shake.
Decentralized exchanges will need to find ways to integrate atomic swaps, smart contracts and fiat currencies in order to compete with today's exchanges. Decentralization will make it virtually impossible for governments to regulate and allow users to transact completely anonymously while spending almost nothing on trades.
Progress becomes increasingly important with every hack and shut down of centralized exchanges.
Let's do our best to raise awareness and support decentralized exchanges. Don't underestimate the change.
|
|
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Before the scam artists, billions of dollars and wild speculation, cryptocurrencies were set out to empower people by decentralization - a term misused and underappreciated by many. Bitcoin has provided us with the first stepping stone in what will be an uphill battle against the corruption, oppression and greed of financial institutions and governments alike. We've come a long way, but the battle has only just begun. As long as we rely on centralized exchanges as gateways, we continue to deprive ourselves of a truely decentralized means of exchange.
It is only a matter of time before the technology catches up to our needs - and when it does, governments will shake.
Decentralized exchanges will need to find ways to integrate atomic swaps, smart contracts and fiat currencies in order to compete with today's exchanges. Decentralization will make it virtually impossible for governments to regulate and allow users to transact completely anonymously while spending almost nothing on trades.
Progress becomes increasingly important with every hack and shut down of centralized exchanges.
Let's do our best to raise awareness and support decentralized exchanges. Don't underestimate the change.
|
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Before the scam artists, billions of dollars and wild speculation, cryptocurrencies were set out to empower people by decentralization - a term misused and underappreciated by many. Bitcoin has provided us with the first stepping stone in what will be an uphill battle against the corruption, oppression and greed of financial institutions and governments alike. We've come a long way, but the battle has only just begun. As long as we rely on centralized exchanges as gateways, we continue to deprive ourselves of a truely decentralized means of exchange.
It is only a matter of time before the technology catches up to our needs - and when it does, governments will shake.
Decentralized exchanges will need to find ways to integrate atomic swaps, smart contracts and fiat currencies in order to compete with today's exchanges. Decentralization will make it virtually impossible for governments to regulate and allow users to transact completely anonymously while spending almost nothing on trades.
Progress becomes increasingly important with every hack and shut down of centralized exchanges.
Let's do our best to raise awareness and support decentralized exchanges. Don't underestimate the change.
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Follow us Project Overview Developed Transaction Methods Transaction Methods Under Development Broadcast Transaction Example Bitcoin Vs. SonoCoin Transaction Process Achieved Milestones & Roadmap SonoCoin Team SonoCoin Advisors SonoCoin’s Ecosystem Advertisement Use Cases Redeemable Programs Use Cases Gaming Use Cases Swisscom Blockchain Alliance Protocol Overview Transition to Proof-of-Contribution SonoCoin 2.0: the Vision Token Sale Model Exchange Listing Conclusion
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