Haha I’m not sure my link is better
It turns a crypto currency address into a unique 3D coloured seashell so you can instantly compare two addresses to see if they exactly match. A slight tweak to the address gives a sea shell that looks completely different.
that's a neat idea for comparing addresses. comparing only a part of the address is not really secure. thanks for the description.
wait.. wasnt one of the first currencies seashells?
the more things change the more things stay the same..
Yea
seashells of a special kind were used for hundreds of years apparently. I dont know the full positives & negatives to that but it worked well enough to convey value over wide areas and trading apparently. Jim Rickards mentions this and a few other standards while still criticising Bitcoin he acknowledges it is money.
I do think this very simple view of bitcoin via a picture (3D model format even?) is really important for mass adoption, not the QR code or the super long address. Even the phrase mnemonics is not really it, people need a handle to be more comfortable with Bitcoin. That'd be a game changer, slightly over looked or undervalued in the effect it would have to common use.
Bitcoin price accumulating it seems, its back into a positive phase now I think. I wonder if that could be a very lazy way to trade it, just buy when its above a 7 day average or so and sell before it loses that momentum. Not sure but would make a good virtual trade to try out. We all know Bitcoin when it runs is extremely capable of gains so just hoping onto that positive move is probably quite smart for those of limited means especially who cant just hold and forget.
I'll give credit to nictrades here from twitter for underlining a while now that Bitcoin had broken a negative trend. However markets still thinking about it imo, has to go above 6800 so not exactly vibrant action imo either
Why you need bitcoin reason#13577:Your savings account should be called a “losings account”
3% inflation
2% interest
=>your savings lose 1% of their purchasing power every year
Twitter Its done that way on purpose, its a form of tax effectively. The difference in value generally credits in the governments favour who issue that currency without cost, restraint or any redress from the population using it which is the entire world.
1% PA lost over the course of your working life, results in a 40% loss of value roughly [0.99^50]. If you saved your pension in cash you'd be a poor man
I'll argue against this just because I think it leads people to the conclusion capitalism is evil. Capitalism wants to produce as many guns as possible because its profitable and they want to sell them widely as possible, maybe creating power imbalances.
I'd say its not the companies competing for business which is creating the imbalance with this buildup of ammunition and war technology. I think it goes back to the governments and their noncompetitive control of economies and spending of GDP within that nation.
I've owned a few defence related shares before (anyone with a company pension probably does) and most of their business revolves around gaining the confidence of large government spending budgets. Thats make or break for them to get a cut of that pie that only a centralised government has the power to hand out.
The population of Saudi Arabia given a choice to spend their own money would be looking for aircon technology far more then weapons. Defence is an easy argument but setting a war with neighbouring or even distance countries is more likely the powerplay of politics and doing so while spending money which is not their own. The War is destructive and on a very personal level there is little gained from violence, most people feel this way imo. Government which has no interest in making a profit is most interested in war which results in no gain for the participants, the basic logic that war is loss goes way back and it definetly seems true in the nuclear era.
I'd go with what Ron Paul says on this subject probably, I think as he saw both sides of the war, spending and funding by government of the military business sector.
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