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21  Economy / Economics / Re: Will people come back to gold on: June 21, 2019, 02:52:39 PM
Currently it seems that Russia is buying and hoarding gold. Markets typically start buying gold when there is an imminent threat of destabilization. That being said different groups read signals differently. Nevertheless over a long enough period gold is incredibly stable and keeps its value. The purchasing power of gold seems to be very similar to what it was 1000 years ago. I find gold tokenization fascinating. The problem often comes in with the physical storage of the gold. Thats an added layer of trust or distrust unfortunately.

I don't think China and Russia are going to stop hoarding gold anytime soon.
22  Bitcoin / Bitcoin Discussion / Re: Software for atomic swaps on: June 21, 2019, 02:15:09 PM
If you don't know what is it:
"Atomic swap is a smart contract technology that enables exchange of one cryptocurrency for another without using centralized intermediaries, such as exchanges."

I think atomic swap are a promising technology to do crypto-to-crypto trades.
Exchanges are shit because of many reasons: arbitrary fees, arbitrary rules, KYC/surprise KYC etc...
Direct exchange with other users is risky because of scammers. Yes, it's possible to use escrow but it's time-consuming and the escrow may request a fee.
If you do day-trading, exchanges will remain the best choice (because you don't have to pay txfee everytime), but if you do only a few trades occasionally, atomic swap would be a very good choice.

As far as i know, atomic swaps are not possible with every crypto. The 2 cryptos must be based on similar algorithms to have atomic swaps possible.
For example, litecoin to bitcoin should be possible.
As far as i know, there is no need to do soft/hard forks to allow the atomic swap, the're already possible.

The only problem is: how to do an atomic swap practically?
I did some researches and the situation is a little confusing. It seems there are some software but they seem crapware/centralized/not open source etc...also they act as a wallet. This isn't good, why should I trust new and closed-source wallets?
So the question is: is there some decent software to do atomic swaps? Even if it's only an experimental script or something similar, please post it there, so we can try to make a list of available software.

Agreed I think they are currently acting as gatekeepers keeping the potential for new project down. I think we will see swaps in the future.
23  Economy / Speculation / Re: $10,000 is around the corner on: June 21, 2019, 02:01:58 PM
Yeah I'm on the coach supporting my favorite horse without a jocky.
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