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finkelsteinMonster
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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
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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
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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: 1554
Merit: 1014
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
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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
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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
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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
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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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Paashaas
Legendary
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Activity: 3815
Merit: 5439
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May 24, 2016, 05:58:41 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. BiG Dick is Lambies (NLC) latest fresh created troll account spewing as ussual the unnecessary bullshit. Dont bother...not much ppl online here atm. |
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Big Dick
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Activity: 21
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May 24, 2016, 06:03:28 PM |
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^So much senseless anger  |
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JayJuanGee
Legendary
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Activity: 4200
Merit: 12893
Self-Custody is a right. Say no to "non-custodial"
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May 24, 2016, 06:08:19 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 If we are talking about macro-economics and how debt is used and abused systemically, then there are a lot of problems and abuses that can unjustly enrich, exploit and cause a variety of irrational and non-democratic outcomes. On the other hand, as individuals we cannot necessarily change a lot of these systematic matters, and we can attempt to find ways to utilize debt to our advantage, and to leverage into better situations that may not be possible without taking on the debt that may also be based on our own building of credit. Some of these tools are certainly going to remain in play especially in the short term no matter how popular bitcoin becomes - we cannot really uninvent various legacy systems, even though with the passage of time these legacy systems are going to be forced into some adapting, and the timeline for such depends upon how rapidly bitcoin is able to spread (and any other similarly situated decentralized currency that may come into being in the coming years). |
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JimboToronto
Legendary
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Activity: 4494
Merit: 5813
You're never too old to think young.
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May 24, 2016, 06:19:50 PM |
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Good afternoon Bitcoinland. Almost recovered from last week's mini-dip down to $433. Time to take another run at $450.  |
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adamstgBit
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Activity: 1904
Merit: 1038
Trusted Bitcoiner
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May 24, 2016, 06:27:44 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. its way to long and i didnt read, but i dont understand what you guys have against this dude. all i know of the guy besides this is, he hosted a meeting with all the devs in an attempt to get them on the same page. seems to me he's a rich dude that has invested interest in making bitcoin succeed and he's trying to help in whatever way he can. this latest attempt appears to be offering PR services for Core dev through the bitcoin foundation. what wrong with that? to me we're lucky to have him spending time and money on bitcoin. |
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1116
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May 24, 2016, 06:42:23 PM |
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A leech who, having penetrated the shell of a turtle only to find that the creature has long been dead, deems it expedient to form a new attachment to a fresh turtle. |
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