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Big Dick
Newbie
 Offline
Activity: 21
Merit: 0
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May 24, 2016, 12:05:59 PM |
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Yup, all publicity = good publicity. $450 immanent. Buy buy buy!
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Mervyn_Pumpkinhead
Legendary
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Activity: 876
Merit: 1000
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May 24, 2016, 12:07:37 PM |
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2013 just called me and told that bitcoin is a new and exciting investment
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finkelsteinMonster
Newbie
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Activity: 56
Merit: 0
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May 24, 2016, 12:11:08 PM |
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2013 just called me and told that bitcoin is a new and exciting investment
Retro tech is gonna be huge bro. Steampunks! Coal-fired adding machines and bitcoin, buy now or cry later. |
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Asrael999
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May 24, 2016, 12:26:39 PM |
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2013 just called me and told that bitcoin is a new and exciting investment
oh you early adopter you |
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finkelsteinMonster
Newbie
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Activity: 56
Merit: 0
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May 24, 2016, 03:09:47 PM |
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Where're eth pump trolls today?
Pumping bitcoin. Variety: the spice of life  Guys, how's about some help? y'all forgotten how to pump? |
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USB-S
Sr. Member
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Activity: 574
Merit: 250
In XEM we trust
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May 24, 2016, 03:25:47 PM |
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Where're eth pump trolls today?
Pumping bitcoin. Variety: the spice of life Guys, how's about some help? y'all forgotten how to pump?  |
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joe 90
Member
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Activity: 72
Merit: 10
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May 24, 2016, 03:38:22 PM |
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What if before rootstock is released someone else releases something with smarter smart contracts than rootstock's smarter smart contracts than ethereum's smart contracts? |
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bobabouey2
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May 24, 2016, 03:54:42 PM |
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Between this "leak" of an unsolicited group email and the "crashing" of his club med roundtable, Queen Bruce proves he has a very naive view of what is and isn't private. |
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Big Dick
Newbie
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Activity: 21
Merit: 0
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May 24, 2016, 03:57:11 PM |
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What if before rootstock is released someone else releases something with smarter smart contracts than rootstock's smarter smart contracts than ethereum's smart contracts? Rootstock smart contracts aren't even smart, just some Turing-incomplete software stack kludges that don't even try to shift paradigms. How's that disruptive? Bitcoin must integrate intelligence right into the blockchain, protocol-level smartness is what's needed to contractualize the future of money! |
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Fatman3001
Legendary
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Activity: 1526
Merit: 1013
Make Bitcoin glow with ENIAC
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May 24, 2016, 04:28:58 PM |
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Burning hundreds of coal fired state subsidized MW's for next to useless calculations might be ok for parts of the financial sector, but for many others this might be seen as a PR problem. |
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becoin
Legendary
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Activity: 3431
Merit: 1233
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May 24, 2016, 04:42:26 PM |
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Bitcoin must integrate intelligence right into the blockchain, protocol-level smartness is what's needed to contractualize the future of money!
Wut? Money must be money without any contract. If there must be some contract behind money then this isn't money but debt! |
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Big Dick
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Activity: 21
Merit: 0
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May 24, 2016, 04:58:33 PM |
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then this isn't money but debt!
Money IS debt. If not contract/debt, what is it  |
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becoin
Legendary
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Activity: 3431
Merit: 1233
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May 24, 2016, 05:20:01 PM |
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then this isn't money but debt!
Money IS debt. If not contract/debt, what is it This is one of the biggest fallacies about money even in the academic world. If debt is money then the more debt you have in a community the more wealthy is that community as a whole. But NO! It is not strange at all that most indebted nations think they are the richest ones. If I have a piece of gold in my hand nobody owes me anything. If I have 1 bitcoin in my wallet nobody owes me anything. This is why ethers is fuel while bitcoins is money! |
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Big Dick
Newbie
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Activity: 21
Merit: 0
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May 24, 2016, 05:40:14 PM |
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^ Wow, didn't mean to trigger you bro, I'm sorry. I'll answer your questions tho. ELY5 If debt is money then the more debt you have in a community the more wealthy is that community as a whole. That's silly. If I owe you 100 bit-coins and you owe me 100 bit-coins, our community of 2 has plenty of debt, but nothing could be said about its wealth. most indebted nations think they are the richest ones. They don't think they're the richest nations because they have the most debt. They think they're the richest nations because they have stuff, power and clout. That's what makes them rich. Look at it from a different perspective: it's almost impossible for a poor person to accrue substantial debt, only a fool would lend money to someone who can't pay. That's why bums don't live in mansions and drive Ferraris -- no one offers them that kind (or any kind) of credit. Does this clear things up at all? |
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becoin
Legendary
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Activity: 3431
Merit: 1233
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May 24, 2016, 05:48:30 PM |
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Look at it from a different perspective: it's almost impossible for a poor person to accrue substantial debt, only a fool would lend money to someone who can't pay. That's why bums don't live in mansions and drive Ferraris -- no one offers them that kind (or any kind of) credit.
Does this clear things up at all?
Do yourself a favor and read about 2008 sub-prime implosion caused exactly by bums living in mansions and driving Ferraris. Educate yourself. |
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Big Dick
Newbie
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Activity: 21
Merit: 0
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May 24, 2016, 05:55:11 PM |
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^ Not all debt is good debt, is that what you're trying to tell me? How is this any different than all the bit-coin deadbeats captains of industry scurrying off with investors' bit-coins? You still haven't answered my question tho: Money IS debt. If not contract/debt, what is it |
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