It means to be able to use google: http://bfy.tw/EOpIA cypherpunk is any activist advocating widespread use of strong cryptography and privacy-enhancing technologies as a route to social and political change. Reminds me Genesis Block hidden msg... My motivation on this topic was a commentary I saw .... Matthew Green @matthew_d_green Apr 7 Why are the Bitcoin people so mean to each other. Regards our community ... I think he have a point because he was talking about personal attacks ... I would like to mention Cryptographic Engineering Book ... Cryptography is an extremely varied field. At a cryptography research conference, you can encounter a wide range of topics, including computer security, higher algebra, economics, quantum physics, civil and criminal law, statistics, chip designs, extreme software optimization, politics, user interface design, and everyting in between...
...In this field, we make a very strict distinction between attacking somebody's work and attacking somebody personally. Any work is fair game. If somebody proposes something, it is an automatic invitation to attack it. If you break one of our systems, we will applaud the attack and tell everybody about it.2 We constantly look for weaknesses in any system because that is the only way to learn how to make more secure systems. This is one thing you will have to learn: an attack on your work is not an attack on you. Also, when you attack a system, always be sure to criticize the system, not the designers. Personal attacks in cryptography will get you the same negative response as anywhere else.
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What means to be a Cypherpunk ?
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The value of any investment that is traded on the open market is whatever someone else is willing to pay for it. Period. Same for Stocks. Same for Bonds. Same for Fiat Currency. Same for property. Same for baseball cards. Same for Numismatic Coins. Same for Paintings. Etc. Etc. As long as people are willing to pay for BitCoin, it will have value.
Indeed. If I buy something from you and you sell it to me, is because something have more value to me than it have to you otherwise no trade would be made. Regards to bitcoin and blockchain (distributed database) network It reminds me a book called Electronic Exchanges: The Global Transformation from Pits to Bits https://www.amazon.com/Electronic-Exchanges-Transformation-Elsevier-Financial/dp/0123742528
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Bitcoin has been touted as a crypto-currency, capable of replacing fiat currencies but the reality today is that most people prefer to hold bitcoins rather than spend it. Can we really say it si a currency when a large number of bitcoin users treat it as an asset?
I think money as an asset with high liquidity
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I bought my first few Bitcoins in 2012; eventually I got around 100 and managed to hold most of them until this point. Yesterday they were stolen from me ... bitcoinrecovery2017@gmail.comFor information leading to the recovery, I can pay 3 BTC + 50% of the recovered bitcoins It is not only the actual value of your coins ... it is also about your commitment to keep your coins since 2012, regards to it, your coins are priceless ... I hope you get it back. Keep us informed (if it does not compromise your investigations) Stay strong ...
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I believe Bitcoin has a future in long term. It proved itself in the past years and it is getting widely popular. It just has a transaction fee problem atm.
What about the altcoins? Who does use them for real? Will people use them in the future for real purpose?
I only have a hope for ethereum and litecoin, but not for the rest. I am not even sure for eth and ltc.
If bitcoin solves the reansaction fee and time problem, I doubt eth and ltc even have a future.
Foss development process reminds me Darwinism sometimes ...
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Bitcoin and Gold are finite ... Q: Why is gold considered a finite resource? A: Gold is considered a finite resource as there is only a set amount of if on Earth. Gold does not grow from plants, nor is it ‘created’ underground (the Earth's core isn't even remotely hot enough to make gold). Gold is made in the collision of two neutron stars, it's considered very rare for a single neutron star to form - never mind the collision of two of them. So it's fairly probable to say that, the percentage of gold in the Earth's crust will remain the same (except of course from mining) unless the Earth is impacted by a meteorite which has enough gold to change that percentage, which again is highly improbable. https://www.quora.com/Why-is-gold-considered-a-finite-resourceProblem with gold... I guess .. it is difficult to count/fraud (Germany tests US stored Gold, says no Tungsten .. http://www.whiteoutpress.com/articles/2015/q1/germany-tests-us-stored-gold-says-no-tungsten/ ) On 15 August 1971, the United States unilaterally terminated convertibility of the US dollar to gold, effectively bringing the Bretton Woods system to an end and rendering the dollar a fiat currency.[4] This action, referred to as the Nixon shock, created the situation in which the US dollar became a reserve currency used by many states. At the same time, many fixed currencies (such as the pound sterling, for example) also became free-floating. https://en.wikipedia.org/wiki/Bretton_Woods_system
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Hi All, I'm wondering if anyone here is an experienced GPU miner that can tell us a little history with GPU mining and what to expect?
On the one hand, it seems like GPU mining is dying out as ETH difficulty goes up, and other coins are not as profitable. Also I see that GPU's were once sold out, but now more easy to get, which is a sign less people are getting into mining.
On the other hand, I see that companies are releasing mining specific hardware like new motherboards just for mining. It seems that some companies see a possible future in mining.
So, which is it? Dying or growing? Has it gotten this slow in the past, and what do you think we can expect in the next 6-12 months?
We can always learn valued lessons from history ... I do like that article from Cointelegraph to get the big picture In the summer of 2010, the Bitcoin 0.3 was released. The number of users was growing along with the mining difficulty as well. At the same time, the idea of using one’s computer for mining more efficiently emerged. Using the graphic processor’s computational powers for mining was proposed as a solution. That summer, user ArtForz established an OpenGL GPU hash farm and generated his first Bitcoin block. https://cointelegraph.com/news/history-of-cryptocurrency-from-bitcoins-inception-to-the-crypto-boom
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The way I see it, without having to understand all of the technical stuff, is that the people in charge of forks and other changes to bitcoin also happen to own a lot of it...
it is always about personal ...and as the "DeMolay International" says ... burn me to the hell flames
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Let's wait instruction from theymos, he usually give instruction how to face the fork, he has good technical skill to guide me as non tech boy. Hope there will be no problem, there will be forks after that I think.
Much better and do this thing. I'm trusting his words with certain events like this and it's an effective tip and tutorial from him last time before the bitcoin cash fork. Whats the different between these 2 forks?
They will be the same treated as alt coins. Why are people more worried about the second one in NOV & Why will that one affect the price more?
Because they are calling it as the real test in bitcoin. Yes it will affect the price, it can go down but surely after that it will increase. does no matter how many times ... every time I step into factory field .. I fuck feel like just a human in a Darwin evolution world
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