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Author Topic: Bitcoin Israel Think Tank  (Read 3504 times)
ripper234
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Ron Gross


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November 07, 2013, 11:59:26 PM
 #21

The complaints about the distribution model also seem to assume that the party is over now that the early investors are up ~30x. I personally do not think that is the case. I believe the party has barely begun.

There was a day, long ago, when those who held Google shares realized they were ~30X up.  Some of them were giddie with joy and they squirmed in their seats because of this good fortune.  Others realized that was nothing compared to that which would soon come.  But the future is hard to see and bring into focus.  So those fools sold and took their 30X - thinking they were quite happy.  

Google is a very boring search engine.  It really isn't much at all.  

Conversely, Mastercoin is (will be) a remarkably powerful financial system which will enable enormous function which will have serious impact on banking and commerce.  Mastercoin is far larger than Google.  Who would sell now at ~30?  I can't understand that.

I had the same thought today comparing Mastercoin to Google.
I immediately dismissed it as the delusions of grandeur of someone who's way too close to the project.
Funny to see other people had the same thought Smiley

(Does't make it true though ... it's really hard predicting the endgame of either Mastercoin or Google).

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augustocroppo
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November 08, 2013, 01:27:10 AM
 #22

The funny part is always....when are you a bitcoin expert? Speculating about bitcoin doesn't make you an expert and as far as i can see there is only speculation from all sides.

So, my question to the experts....when can you call yourself an expert?

In this case, he can call himself an expert because:

1. He runs the first Israeli exchange for Bitcoins:

http://bitcoinisrael.co.il/

2. He actively participate in technical discussions in this forum since 07 March 2011:

https://bitcointalk.org/index.php?action=profile;u=5776;sa=showPosts;start=2840

3. He wrote an academic paper addressing aspects of the Bitcoin protocol:

http://arxiv.org/abs/1112.4980

4. Google returns 9830 results for the query "meni rosenfeld bitcoin":

https://www.google.co.uk/search?num=50&espv=210&es_sm=93&q=meni+rosenfeld+bitcoin&oq=meni+rosenfeld+bitcoin&gs_l=serp.3..0.471170.471477.0.471854.2.2.0.0.0.0.121.206.1j1.2.0....0...1c.1.31.serp..0.2.204.iSZbnagQca4

So when he calls himself a Bitcoin expert, you can rest assured that he IS a Bitcoin expert.
ripper234
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Ron Gross


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November 08, 2013, 02:07:19 AM
 #23

In this case, he can call himself an expert because:

1. He runs the first Israeli exchange for Bitcoins:

http://bitcoinisrael.co.il/

Close ... the first Isareli Bitcoin exchange, that Meni created back in 2011, is Bitcoil.
FYI I was a partner in Bitcoil for some time.

So when he calls himself a Bitcoin expert, you can rest assured that he IS a Bitcoin expert.

Meni is Israel's top Bitcoin expert.

Please do not pm me, use ron@bitcoin.org.il instead
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November 08, 2013, 02:48:45 AM
 #24

So, my question to the experts....when can you call yourself an expert?

You are an expert when you call yourself an expert.

You are a recognized expert when someone agrees.

You are a renowned expert when you put on a bow tie.

You are an internationally recognized expert when someone actually pays your air fare to go somewhere and say something.  Or when you've been on at least one TV show with someone whose teeth have been laser-whitened.
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November 08, 2013, 03:00:13 AM
 #25

In this case, he can call himself an expert because:

1. He runs the first Israeli exchange for Bitcoins:

http://bitcoinisrael.co.il/

Close ... the first Isareli Bitcoin exchange, that Meni created back in 2011, is Bitcoil.
FYI I was a partner in Bitcoil for some time.

Oops!

My mistake... That is right, I meant the address you provided.

 Grin
Meni Rosenfeld (OP)
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November 08, 2013, 09:21:24 AM
 #26

In this case, he can call himself an expert because:

1. He runs the first Israeli exchange for Bitcoins:

http://bitcoinisrael.co.il/

Close ... the first Isareli Bitcoin exchange, that Meni created back in 2011, is Bitcoil.
FYI I was a partner in Bitcoil for some time.

Oops!

My mistake... That is right, I meant the address you provided.

 Grin
And it should be pointed out that the exchange service is inactive now, because dealing with banks and regulators is apparently not one of the things I'm an expert in.

So when he calls himself a Bitcoin expert, you can rest assured that he IS a Bitcoin expert.

Meni is Israel's top Bitcoin expert.
And at the risk of sounding too cliquish, Ron is a close 2nd - by a wide margin from the rest. We're not objective but if you look at what Ron and I have done over the past 2.7 years you'll have no doubt that's true.


So to answer the original question - I don't know how to define an expert, but I can tell one when I see them.

1EofoZNBhWQ3kxfKnvWkhtMns4AivZArhr   |   Who am I?   |   bitcoin-otc WoT
Bitcoil - Exchange bitcoins for ILS (thread)   |   Israel Bitcoin community homepage (thread)
Analysis of Bitcoin Pooled Mining Reward Systems (thread, summary)  |   PureMining - Infinite-term, deterministic mining bond
ripper234
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Ron Gross


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November 08, 2013, 09:36:26 AM
 #27

And it should be pointed out that the exchange service is inactive now, because dealing with banks and regulators is apparently not one of the things I'm an expert in.

That's a good way of saying it. Luckily we have people qualified with that as well!

Meni is Israel's top Bitcoin expert.
And at the risk of sounding too cliquish, Ron is a close 2nd - by a wide margin from the rest. We're not objective but if you look at what Ron and I have done over the past 2.7 years you'll have no doubt that's true.

Thanks!

I know you said this about me once, but with all the new wave of people ... and experts ... joining the field, I was actually wondering some time ago if that's still your assessment.

Sorry, I'm human, I do have an Ego, and hearing that from Meni means a lot to me.
Anyway enough mutual back-scratching for now for me.


Please do not pm me, use ron@bitcoin.org.il instead
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