TERA2
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Deb Rah Von Doom
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April 16, 2018, 01:40:34 AM |
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Blockchain does suck. The only real use is to avoid any kind of trust in a centralized authority. In the real world there are much better databases.
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realr0ach
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#TheGoyimKnow
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April 16, 2018, 01:41:46 AM Last edit: April 16, 2018, 01:55:19 AM by realr0ach |
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But I guess it's not PC to say someone is educated because there are soooo many stupid people out there that at most they can be aware of things.
Human civilization functions on specialization, so it's difficult to be more than a compartmentalized retard savant regardless. Take JayJuanGee for instance. He's good at posting in this thread...but not really anything else. Blockchain does suck. The only real use is to avoid any kind of trust in a centralized authority. In the real world there are much better databases.
More garbage Antonopolous lies. It's 100% not possible to create a decentralized cryptocurrency. Transaction validators are always designed to terminally centralize through numerous variables like compound interest, economy of scale, foundry capital requirements, effect of the lopsided bell curve on the IP used in mining hardware, asymmetric energy costs, subsidies, etc. Why do people in this thread repeat the same lies over and over? Are these easy to understand variables over the heads of you people, or are you all just pump and dump conmen? On a very short timeline, bitcoin is DESIGNED to have centralized authorities.
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jojo69
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1/21000000 , the only math you need to know
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April 16, 2018, 02:11:47 AM |
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Blockchain does suck. The only real use is to avoid any kind of trust in a centralized authority. In the real world there are much better databases.
but people = shit soooooooo
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Anon136
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April 16, 2018, 02:22:14 AM |
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Blockchain does suck. The only real use is to avoid any kind of trust in a centralized authority. In the real world a better world than the one we actually live in there are much better databases.
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Icygreen
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April 16, 2018, 02:26:16 AM |
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Even if parts of bitcoin were centralized, we'd still achieve trust and a degree of transparency which is light-years ahead of a legacy government controlled debt-slavery coin.
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DaRude
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In order to dump coins one must have coins
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April 16, 2018, 02:30:26 AM |
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Even if parts of bitcoin were centralized, we'd still achieve trust and a degree of transparency which is light-years ahead of a legacy government controlled debt-slavery coin.
Of course it's not 100% pure decentralization (whatever that would mean  ) But currently bitcoin is the closest we can come to it
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pfrtlpfmpf
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April 16, 2018, 02:34:28 AM |
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Whats this?
Calm down, i don´t know half the time, what they are talking about, I think, they are Americans.  My condolences !
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jojo69
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1/21000000 , the only math you need to know
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April 16, 2018, 03:05:50 AM |
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this last pump and dump was not very impressive
you think they broke even?
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RoomBot
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..I'm all for just simply merging with AI as this will make the AI threat irrelevant by "upgrading" humans.
If you had to choose between being "upgraded" into a cyberman or a dalek which you rather be?   That's a trick question! For me.
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RoomBot
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April 16, 2018, 03:42:19 AM |
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dalek, hands down
exterminate some bitches
Cyberman for me.   I'm seeing double, LMAO
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JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin
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April 16, 2018, 04:20:55 AM |
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Actually, I started going to the gym a bit more recently, and I started to think that if ever I was homeless, a gym membership would be a good thing to attempt to maintain.
Bitcoiners taking over a gym near you!  How dare you doxx me like that? 
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BTCMILLIONAIRE
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April 16, 2018, 04:23:28 AM |
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I love this thread.
obligatorycatlovesthread.png
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JayJuanGee
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ESG, KYC & AML are attack vectors on Bitcoin
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April 16, 2018, 04:40:08 AM |
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Don't really care about that 2014 comparison. Seen it on trading view and think it's crap. Seriously, they are comparing over a year of price to just 3 months. Sure you can compress/extend time frames to see about anything you want to see. + Drkenergy has been wrong about 90% of the time. Maybe most viewed but damn, if you traded on his advice you would be broke about now.
Another aspect that seems faulty of the 2014 / 2018 comparison is that it took nearly two years for bitcoin to run its bull market by late 2017.. the lead up to late 2013 had played out differently and seemingly spiking up faster in two periods in 2013.
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realr0ach
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#TheGoyimKnow
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April 16, 2018, 04:47:05 AM |
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Even if parts of bitcoin were centralized, we'd still achieve trust and a degree of transparency which is light-years ahead of a legacy government controlled debt-slavery coin.
Bullshit non-argument by claiming fiat is the only alternative. Bitcoin does not solve A SINGLE PROBLEM that physical silver and gold does not already solve better. Bitcoin is designed to centralize so it has zero fundamentals and no value since that's what it's entire value prospect is supposed to be based on. Non-fungible currencies are also complete garbage. It's just a govt tracking system that abolishes the 5th amendment and places a govt spy there watching everything you do. You would have to be a complete idiot to want this to be the world reserve currency over physical metals. Metals are pro-freedom. Shitcoins are anti-freedom, permissioned ledgers and surveillance systems. The current thread maintainer here even had coins blacklisted from exchanges himself and we've only just scratched the surface of shitcoin's Orwellian start. We're only 1% of the way into the tyranny of shitcoins. It only goes up by orders of magnitude from here in terms of being a 1984 permissioned ledger. Centralized currencies have no value. Non-fungible currencies have no value. They are strictly systems of control.
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TERA2
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Deb Rah Von Doom
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April 16, 2018, 05:05:21 AM |
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Bitcoin does not solve A SINGLE PROBLEM that physical silver and gold does not already solve better.
Nope. Here's a problem Bitcoin solves that silver doesnt. I want to hold something that isnt a physical object and that I dont have to have physically guarded. The silver can be be lost or stolen by force or by natural disaster, etc. Its also heavy and impossible to conceal when travelling by airplane.
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Jacques_Bittard
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April 16, 2018, 05:34:15 AM |
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Sold 70% of my stash for a probable upcoming profit taking dump. Would be interesting to see this upwards movement get tested by some proper selling volume, would be easier to trust it then.
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Elwar
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Viva Ut Vivas
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Bitcoin does not solve A SINGLE PROBLEM that physical silver and gold does not already solve better.
Nope. Here's a problem Bitcoin solves that silver doesnt. I want to hold something that isnt a physical object and that I dont have to have physically guarded. The silver can be be lost or stolen by force or by natural disaster, etc. Its also heavy and impossible to conceal when travelling by airplane. Was going to say not to quote the troll but another problem gold and silver has is my situation as a digital nomad traveling the world. How do I pack up all of my belongings and relocate to my next country (as I tend to do) with all of my gold in my suitcase? The amount of bitcoins I have I can protect with some steel plates and information in my head. I can carry them through even countries like Thailand, Cambodia, Vietnam without worrying about them getting stolen or having security confiscate it at the airport. To carry the amount of gold or silver equivalent to how much I have in bitcoins...well, actually I literally could not carry it. I have no idea how I would pay my hosting service every month with gold. Or buy my plane tickets, book my hotel rooms, buy stuff on Amazon, etc. I haven't needed to open a bank account here in Tahiti thanks to Bitcoin...I don't need to go to the rip off exchanges in the countries I visit. The rate charged at the local exchange from USD to CPF is literally 20%.
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BTCMILLIONAIRE
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April 16, 2018, 05:43:14 AM |
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Bitcoin does not solve A SINGLE PROBLEM that physical silver and gold does not already solve better.
Nope. Here's a problem Bitcoin solves that silver doesnt. I want to hold something that isnt a physical object and that I dont have to have physically guarded. The silver can be be lost or stolen by force or by natural disaster, etc. Its also heavy and impossible to conceal when travelling by airplane. Silver isn't a limited resource either. Nor is it practicable to carry around enough of it to buy a house, or even a car. Heck, I wouldn't even want to pay a new TV in 10 kilograms worth of silver.
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BTCMILLIONAIRE
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April 16, 2018, 05:47:15 AM |
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Bitcoin does not solve A SINGLE PROBLEM that physical silver and gold does not already solve better.
Nope. Here's a problem Bitcoin solves that silver doesnt. I want to hold something that isnt a physical object and that I dont have to have physically guarded. The silver can be be lost or stolen by force or by natural disaster, etc. Its also heavy and impossible to conceal when travelling by airplane. Was going to say not to quote the troll but another problem gold and silver has is my situation as a digital nomad traveling the world. How do I pack up all of my belongings and relocate to my next country (as I tend to do) with all of my gold in my suitcase? The amount of bitcoins I have I can protect with some steel plates and information in my head. I can carry them through even countries like Thailand, Cambodia, Vietnam without worrying about them getting stolen or having security confiscate it at the airport. To carry the amount of gold or silver equivalent to how much I have in bitcoins...well, actually I literally could not carry it. I have no idea how I would pay my hosting service every month with gold. Or buy my plane tickets, book my hotel rooms, buy stuff on Amazon, etc. I haven't needed to open a bank account here in Tahiti thanks to Bitcoin...I don't need to go to the rip off exchanges in the countries I visit. The rate charged at the local exchange from USD to CPF is literally 20%. Is it possible to own property in some of the Western/Asian countries as a digital nomad? E.g. could I own two or three homes and just rotate them (without being liable for taxes)?
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