thevictimofuktyranny
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August 04, 2016, 06:38:39 PM |
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Yelp, I'd agree, because no-one is going to want to build a business around a Network that does not care about criminal activity.
lol Money doesn't care about criminal activity! Money is Neutral with N like in Nature. Does Nature care about criminal activities? If Money isn't neutral that is not Money but coupons, vouchers, stamps, checks, tickets, bonds, certificates, notes, tokens... everything you want, but not Money! Money should account for everything that is in the economy and certainly crime is a part of every economy. There are many efficient ways to fight crime but destroying money isn't one of them because you'll make more harm than good! A bitcoin in the hand of a criminal has same purchasing power like other bitcoins. Well, that is money! Yeah, Bitcoin was 1st crypto coin - there was no choice. Now, business minded people can pick from up to 300 Alts Coins and when presented with this kind of choice? Business minded people will not build a business on a Network, which does not care about criminal activity. Ethereum has set a new "Gold Standard", by taking measures to prove to business minded people, that they won't passively accept criminal activity on the Network.
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becoin
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August 04, 2016, 07:46:33 PM |
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Yelp, I'd agree, because no-one is going to want to build a business around a Network that does not care about criminal activity.
lol Money doesn't care about criminal activity! Money is Neutral with N like in Nature. Does Nature care about criminal activities? If Money isn't neutral that is not Money but coupons, vouchers, stamps, checks, tickets, bonds, certificates, notes, tokens... everything you want, but not Money! Money should account for everything that is in the economy and certainly crime is a part of every economy. There are many efficient ways to fight crime but destroying money isn't one of them because you'll make more harm than good! A bitcoin in the hand of a criminal has same purchasing power like other bitcoins. Well, that is money! Yeah, Bitcoin was 1st crypto coin - there was no choice. Now, business minded people can pick from up to 300 Alts Coins and when presented with this kind of choice? Business minded people will not build a business on a Network, which does not care about criminal activity. Ethereum has set a new "Gold Standard", by taking measures to prove to business minded people, that they won't passively accept criminal activity on the Network. Ethereum is not money. It is fuel for smart contracts. By bailing out DAO investors forkers degraded this fuel to a poisonous mixture concocted by Ethereum central bankers.
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roselee
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August 04, 2016, 08:24:47 PM |
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Yelp, I'd agree, because no-one is going to want to build a business around a Network that does not care about criminal activity.
lol Money doesn't care about criminal activity! Money is Neutral with N like in Nature. Does Nature care about criminal activities? If Money isn't neutral that is not Money but coupons, vouchers, stamps, checks, tickets, bonds, certificates, notes, tokens... everything you want, but not Money! Money should account for everything that is in the economy and certainly crime is a part of every economy. There are many efficient ways to fight crime but destroying money isn't one of them because you'll make more harm than good! A bitcoin in the hand of a criminal has same purchasing power like other bitcoins. Well, that is money! Yeah, Bitcoin was 1st crypto coin - there was no choice. Now, business minded people can pick from up to 300 Alts Coins and when presented with this kind of choice? Business minded people will not build a business on a Network, which does not care about criminal activity. Ethereum has set a new "Gold Standard", by taking measures to prove to business minded people, that they won't passively accept criminal activity on the Network. this is bs immutability would be gold standard what biz wants to run on a chain that can be rolled back and with a roll back be on risk that your biz data gets setback to beginning ? happend to all the child daos they call it now colaterals some got there investment back but others the colaterals have to fear if or if not they get there invest back not becouse of the attacker no they got on risk with it becouse of the fork. and the fork didnt do good to all of us
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thevictimofuktyranny
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August 04, 2016, 08:43:52 PM |
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Yelp, I'd agree, because no-one is going to want to build a business around a Network that does not care about criminal activity.
lol Money doesn't care about criminal activity! Money is Neutral with N like in Nature. Does Nature care about criminal activities? If Money isn't neutral that is not Money but coupons, vouchers, stamps, checks, tickets, bonds, certificates, notes, tokens... everything you want, but not Money! Money should account for everything that is in the economy and certainly crime is a part of every economy. There are many efficient ways to fight crime but destroying money isn't one of them because you'll make more harm than good! A bitcoin in the hand of a criminal has same purchasing power like other bitcoins. Well, that is money! Yeah, Bitcoin was 1st crypto coin - there was no choice. Now, business minded people can pick from up to 300 Alts Coins and when presented with this kind of choice? Business minded people will not build a business on a Network, which does not care about criminal activity. Ethereum has set a new "Gold Standard", by taking measures to prove to business minded people, that they won't passively accept criminal activity on the Network. this is bs immutability would be gold standard what biz wants to run on a chain that can be rolled back and with a roll back be on risk that your biz data gets setback to beginning ? happend to all the child daos they call it now colaterals some got there investment back but others the colaterals have to fear if or if not they get there invest back not becouse of the attacker no they got on risk with it becouse of the fork. and the fork didnt do good to all of us Quite wrong! Businesses spend huge amounts of money to ensure they avoid being the victims of criminal activity. A Network, that does care about criminal activity, is a Network no-one will want to build a business on. ETC statistics of not caring about criminal activity are: 1) DAO theft of 3.5 million coins, they don't care about it on the ETC Network. 2) Replay theft of 7.5 million coins, they don't care about it on the ETC Network.
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charleshoskinson
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CEO of IOHK
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August 04, 2016, 08:47:54 PM |
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Quite wrong!
Businesses spend huge amounts of money to ensure they avoid being the victims of criminal activity.
A Network, that does care about criminal activity, is a Network no-one will want to build a business on.
ETC statistics of not caring about criminal activity are:
1) DAO theft of 3.5 million coins, they don't care about it on the ETC Network.
2) Replay theft of 7.5 million coins, they don't care about it on the ETC Network. There has been over a billion dollars of theft in the Bitcoin ecosystem. When are the care police going to show up there? Should I hold my breath?
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The revolution begins with the mind and ends with the heart. Knowledge for all, accessible to all and shared by all
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thevictimofuktyranny
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August 04, 2016, 08:59:32 PM |
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Quite wrong!
Businesses spend huge amounts of money to ensure they avoid being the victims of criminal activity.
A Network, that does care about criminal activity, is a Network no-one will want to build a business on.
ETC statistics of not caring about criminal activity are:
1) DAO theft of 3.5 million coins, they don't care about it on the ETC Network.
2) Replay theft of 7.5 million coins, they don't care about it on the ETC Network. There has been over a billion dollars of theft in the Bitcoin ecosystem. When are the care police going to show up there? Should I hold my breath? Last years BTC's price slumped below $173 dollars. Clearly, not caring about criminal activity, has and does wipe Billions of dollars off a crypto currencies Market Capitalisation.
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roselee
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Activity: 1078
Merit: 1000
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August 04, 2016, 09:11:08 PM |
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Quite wrong!
Businesses spend huge amounts of money to ensure they avoid being the victims of criminal activity.
A Network, that does care about criminal activity, is a Network no-one will want to build a business on.
ETC statistics of not caring about criminal activity are:
1) DAO theft of 3.5 million coins, they don't care about it on the ETC Network.
2) Replay theft of 7.5 million coins, they don't care about it on the ETC Network. There has been over a billion dollars of theft in the Bitcoin ecosystem. When are the care police going to show up there? Should I hold my breath? Last years BTC's price slumped below $173 dollars. Clearly, not caring about criminal activity, has and does wipe Billions of dollars off a crypto currencies Market Capitalisation. wake up crime will always harm here and there eth ´s fork did not change that but payed the to big to fail there investment back but integrity has value
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suchmoon
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https://bpip.org
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August 04, 2016, 09:20:35 PM |
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Yelp, I'd agree, because no-one is going to want to build a business around a Network that does not care about criminal activity.
lol Money doesn't care about criminal activity! Money is Neutral with N like in Nature. Does Nature care about criminal activities? If Money isn't neutral that is not Money but coupons, vouchers, stamps, checks, tickets, bonds, certificates, notes, tokens... everything you want, but not Money! Money should account for everything that is in the economy and certainly crime is a part of every economy. There are many efficient ways to fight crime but destroying money isn't one of them because you'll make more harm than good! A bitcoin in the hand of a criminal has same purchasing power like other bitcoins. Well, that is money! Yeah, Bitcoin was 1st crypto coin - there was no choice. Now, business minded people can pick from up to 300 Alts Coins and when presented with this kind of choice? Business minded people will not build a business on a Network, which does not care about criminal activity. Ethereum has set a new "Gold Standard", by taking measures to prove to business minded people, that they won't passively accept criminal activity on the Network. this is bs immutability would be gold standard what biz wants to run on a chain that can be rolled back and with a roll back be on risk that your biz data gets setback to beginning ? happend to all the child daos they call it now colaterals some got there investment back but others the colaterals have to fear if or if not they get there invest back not becouse of the attacker no they got on risk with it becouse of the fork. and the fork didnt do good to all of us Quite wrong! Businesses spend huge amounts of money to ensure they avoid being the victims of criminal activity. A Network, that does care about criminal activity, is a Network no-one will want to build a business on. ETC statistics of not caring about criminal activity are: 1) DAO theft of 3.5 million coins, they don't care about it on the ETC Network. 2) Replay theft of 7.5 million coins, they don't care about it on the ETC Network. You do realize that the "replay theft" (where did you get the 7.5m figure?) was a combination of the hasty hardfork and the ineptitude of some exchanges and/or users? Is ETH going to roll that back too? Because that's what you seem to be suggesting. ETC doesn't care, but ETH the crime-fighting network does, so they fork again now?
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roselee
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August 04, 2016, 09:28:45 PM |
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i just watched this show: https://youtu.be/OGGW9ozE-ys?list=PLPQwGV1aLnTs1Ct0aZR7nKNaHHM8WAeAZand while watching it i get the impression that ETH will not run by ethical standards one of the eth guys said they will fork any time they think its nesseary and the mayority rules but this fork now showed its the mayority of power not the mayority of people. etc has a lot of open quetions. every one can see that. but then etc is just a couple of weeks old. sort of abondoned from its father and familie suddenly . not even ment to stay alive. i think with time a lot of devs will see the options etc gives first pow vs pos same chain that will be interesting or vote system for me personaly eth acts brutal sort of if you are not with us you are against us
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roselee
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August 04, 2016, 09:31:51 PM |
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Yelp, I'd agree, because no-one is going to want to build a business around a Network that does not care about criminal activity.
lol Money doesn't care about criminal activity! Money is Neutral with N like in Nature. Does Nature care about criminal activities? If Money isn't neutral that is not Money but coupons, vouchers, stamps, checks, tickets, bonds, certificates, notes, tokens... everything you want, but not Money! Money should account for everything that is in the economy and certainly crime is a part of every economy. There are many efficient ways to fight crime but destroying money isn't one of them because you'll make more harm than good! A bitcoin in the hand of a criminal has same purchasing power like other bitcoins. Well, that is money! Yeah, Bitcoin was 1st crypto coin - there was no choice. Now, business minded people can pick from up to 300 Alts Coins and when presented with this kind of choice? Business minded people will not build a business on a Network, which does not care about criminal activity. Ethereum has set a new "Gold Standard", by taking measures to prove to business minded people, that they won't passively accept criminal activity on the Network. this is bs immutability would be gold standard what biz wants to run on a chain that can be rolled back and with a roll back be on risk that your biz data gets setback to beginning ? happend to all the child daos they call it now colaterals some got there investment back but others the colaterals have to fear if or if not they get there invest back not becouse of the attacker no they got on risk with it becouse of the fork. and the fork didnt do good to all of us Quite wrong! Businesses spend huge amounts of money to ensure they avoid being the victims of criminal activity. A Network, that does care about criminal activity, is a Network no-one will want to build a business on. ETC statistics of not caring about criminal activity are: 1) DAO theft of 3.5 million coins, they don't care about it on the ETC Network. 2) Replay theft of 7.5 million coins, they don't care about it on the ETC Network. You do realize that the "replay theft" (where did you get the 7.5m figure?) was a combination of the hasty hardfork and the ineptitude of some exchanges and/or users? Is ETH going to roll that back too? Because that's what you seem to be suggesting. ETC doesn't care, but ETH the crime-fighting network does, so they fork again now? plus the ETH fork did not report the thief , did nothing to find him/she, didnt investigate who was it. and i guess on the ETH forked chain all evidence of the theft is gone.
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thevictimofuktyranny
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August 04, 2016, 11:02:59 PM |
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I don't want to labour the point (over state this) about the effect of high crime activity reducing the willingness of people to set up businesses on a Network place.
But, if you read a basic Sociology book, nothing challenging e.g. A' Level standard (for people aged 16-18) it will run through statistics related geographical regions with higher levels of criminal activity and reduction in peoples willingness to build businesses there.
Essentially, it will explain the basics, places that become locations for high levels of criminal activity, see a corresponding reductions in people's willingness to build businesses in those places.
Places with low levels of criminal activity, have higher levels of people trying to build businesses there.
Clearly, this piece of Sociology will effect the Market Capitalisation of Crypto Currencies.
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Mrpumperitis
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Activity: 2786
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August 04, 2016, 11:05:37 PM |
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Quite wrong!
Businesses spend huge amounts of money to ensure they avoid being the victims of criminal activity.
A Network, that does care about criminal activity, is a Network no-one will want to build a business on.
ETC statistics of not caring about criminal activity are:
1) DAO theft of 3.5 million coins, they don't care about it on the ETC Network.
2) Replay theft of 7.5 million coins, they don't care about it on the ETC Network. There has been over a billion dollars of theft in the Bitcoin ecosystem. When are the care police going to show up there? Should I hold my breath? never, they cant lol and another person that doesnt understand Ethereum ....lol
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Bitcoin - Blockchain 1.0 (2009) Ethereum - Blockchain 2.0 (2015) Partisia - Blockchain 3.0 (2021)
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bitfish
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A Coin A Day Keeps The Cold Away.
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August 04, 2016, 11:06:02 PM |
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You do realize that the "replay theft" (where did you get the 7.5m figure?) was a combination of the hasty hardfork and the ineptitude of some exchanges and/or users? Is ETH going to roll that back too? Because that's what you seem to be suggesting. ETC doesn't care, but ETH the crime-fighting network does, so they fork again now?
plus the ETH fork did not report the thief , did nothing to find him/she, didnt investigate who was it. and i guess on the ETH forked chain all evidence of the theft is gone. According to ETC proponents, 1) there was no "thief" 2) there was no "theft" because "code is law" and now the hacker is the rightful owner of his (ETC) tokens. So there is no reason to investigate according to ETC folks (hacker might be one of them). BTW: Have those ETH bastards even magically erased all that evidence of non theft from the pre fork chain? BTW2: You cannot have your cake and eat it...
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iCEBREAKER
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Crypto is the separation of Power and State.
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August 04, 2016, 11:22:49 PM |
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The Ethereum Foundation has 12 million ETC and it can send the price of ETC to one satoshis in matter of hours.
This applies to any fork using the ETH blockchain, those forks can be wiped out (in terms of there BTC price) overnight by Ethereum Foundation.
ETH is the controversially hard forked (bailout) chain. ETC is the original chain; it isn't a fork. I'm not sure how you could not understand that by now. Have you ever used Bitcoin? No other branch has the support ETC enjoys. If the EF "dumps to zero" it would be most welcome, as we ETC investors could then cost average down by as much as we like, with full confidence the price will rise after the flash crash. Please Vitalik, give me the opportunity to buy ETC for "one satoshis." I've noticed most of these eth fanatics have no grasp on crypto at all, let alone forks, why you don't fuck with the blockchain etc.. I've noticed that iCEBREAKER has his very own agenda. There is no "grasp on crypto". You speculate on my conspiratorial motivations, yet fail to disclose what you believe them to be. And you don't bother to refute the facts I related wrt ETC = original unforked branch. If you don't understand ETH is the controversially hard forked branch, you don't have a good grasp on crypto. No wonder your agenda is supporting the endless scam-ception platform known as NXT.
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██████████ ██████████████████ ██████████████████████ ██████████████████████████ ████████████████████████████ ██████████████████████████████ ████████████████████████████████ ████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ██████████████████████████████████ ████████████████████████████████ ██████████████ ██████████████ ████████████████████████████ ██████████████████████████ ██████████████████████ ██████████████████ ██████████ Monero
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| "The difference between bad and well-developed digital cash will determine whether we have a dictatorship or a real democracy." David Chaum 1996 "Fungibility provides privacy as a side effect." Adam Back 2014
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suchmoon
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https://bpip.org
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August 05, 2016, 12:27:04 AM |
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I don't want to labour the point (over state this) about the effect of high crime activity reducing the willingness of people to set up businesses on a Network place.
But, if you read a basic Sociology book, nothing challenging e.g. A' Level standard (for people aged 16-18) it will run through statistics related geographical regions with higher levels of criminal activity and reduction in peoples willingness to build businesses there.
Essentially, it will explain the basics, places that become locations for high levels of criminal activity, see a corresponding reductions in people's willingness to build businesses in those places.
Places with low levels of criminal activity, have higher levels of people trying to build businesses there.
Clearly, this piece of Sociology will effect the Market Capitalisation of Crypto Currencies.
You made your point pretty clear, thank you. Now can you explain why ETH (the righteous fork) doesn't roll back other thefts and losses, just that one DAO thing?
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Mrpumperitis
Legendary
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Activity: 2786
Merit: 1075
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August 05, 2016, 12:38:39 AM |
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I don't want to labour the point (over state this) about the effect of high crime activity reducing the willingness of people to set up businesses on a Network place.
But, if you read a basic Sociology book, nothing challenging e.g. A' Level standard (for people aged 16-18) it will run through statistics related geographical regions with higher levels of criminal activity and reduction in peoples willingness to build businesses there.
Essentially, it will explain the basics, places that become locations for high levels of criminal activity, see a corresponding reductions in people's willingness to build businesses in those places.
Places with low levels of criminal activity, have higher levels of people trying to build businesses there.
Clearly, this piece of Sociology will effect the Market Capitalisation of Crypto Currencies.
You made your point pretty clear, thank you. Now can you explain why ETH (the righteous fork) doesn't roll back other thefts and losses, just that one DAO thing? dao coins that were stolen could only be retreived because there was a 30+day withdraw limit
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Bitcoin - Blockchain 1.0 (2009) Ethereum - Blockchain 2.0 (2015) Partisia - Blockchain 3.0 (2021)
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estenity
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August 05, 2016, 12:48:12 AM |
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I don't want to labour the point (over state this) about the effect of high crime activity reducing the willingness of people to set up businesses on a Network place.
But, if you read a basic Sociology book, nothing challenging e.g. A' Level standard (for people aged 16-18) it will run through statistics related geographical regions with higher levels of criminal activity and reduction in peoples willingness to build businesses there.
Essentially, it will explain the basics, places that become locations for high levels of criminal activity, see a corresponding reductions in people's willingness to build businesses in those places.
Places with low levels of criminal activity, have higher levels of people trying to build businesses there.
Clearly, this piece of Sociology will effect the Market Capitalisation of Crypto Currencies.
You made your point pretty clear, thank you. Now can you explain why ETH (the righteous fork) doesn't roll back other thefts and losses, just that one DAO thing? dao coins that were stolen could only be retreived because there was a 30+day withdraw limit this appeared to be the ultimate safeguard..
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Mrpumperitis
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August 05, 2016, 01:33:20 AM |
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wrong forum m8,lol you wana go here... https://bitcointalk.org/index.php?topic=1559630.0beware its moderated ...you might need to paste it a few times there,lol
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Bitcoin - Blockchain 1.0 (2009) Ethereum - Blockchain 2.0 (2015) Partisia - Blockchain 3.0 (2021)
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suchmoon
Legendary
Offline
Activity: 3808
Merit: 9026
https://bpip.org
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August 05, 2016, 01:44:15 AM |
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I don't want to labour the point (over state this) about the effect of high crime activity reducing the willingness of people to set up businesses on a Network place.
But, if you read a basic Sociology book, nothing challenging e.g. A' Level standard (for people aged 16-18) it will run through statistics related geographical regions with higher levels of criminal activity and reduction in peoples willingness to build businesses there.
Essentially, it will explain the basics, places that become locations for high levels of criminal activity, see a corresponding reductions in people's willingness to build businesses in those places.
Places with low levels of criminal activity, have higher levels of people trying to build businesses there.
Clearly, this piece of Sociology will effect the Market Capitalisation of Crypto Currencies.
You made your point pretty clear, thank you. Now can you explain why ETH (the righteous fork) doesn't roll back other thefts and losses, just that one DAO thing? dao coins that were stolen could only be retreived because there was a 30+day withdraw limit The same applies here: https://www.reddit.com/r/ethereum/comments/4v0v9k/someone_just_split_from_the_dao_and_drained_it/38k ETH here: http://etherscan.io/address/0x10abb5efecdc09581f8b7cb95791fe2936790b4eWhy not another fork? There are other provably unspendable or otherwise bogus contracts. Why not another fork to refund those?
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