like longway mentioned, apparently the "blockchains" are here to stay.
have read that even buying and selling services (like a consultation) will be able to be simply transacted on a blockchain.
Printable View
like longway mentioned, apparently the "blockchains" are here to stay.
have read that even buying and selling services (like a consultation) will be able to be simply transacted on a blockchain.
the blockchain is not going to replace anything or make things more efficient and less costly for everyone, the only reason you would want to use that technology
banks and corporations will fuck it up like they always do as soon as they touch a technology that they use as their main tools
look at what happened to XML, Java, SOAP/WS, SMTP, they fucked it all up and made it very expensive to integrate and run while in reality it shouldn't
big corporations, like big governments, are incapable of running things efficiently, no matter how much tech or money you throw at them
fair point and we'll see.Quote:
Originally Posted by Dragonfly
Which is exactly why bitcoin and similar crypto are poised to take over the world!Quote:
Originally Posted by Dragonfly
It may not be Bitcoin per se. But some similar crypto formulation.
Bitcoin itself is struggling right now with the fat cat corporate miners fucks trying to turn the wheels for their own benefit.
So far Bitcoin has been adjusting and weathering the attacks.
Mind ya the wise among us are paying attention. Which is quite unlike an ignorant Luddite braying about "bubbles".
Do I totally grasp the tech of what is going? Fuck no! Precious few people really do, which is why you pay fucking attention to what's going on.
Will I jump the bitcoin ship at some point? Sure, but the foreseeable future of bitcoin is a rocket ride to Uranus..:doggystyle:
is having a tech to conceal assets worthwhile ? sure why not,
should it be mainstream or for a selected few criminals ? another fair question :)
should we have an independent system to exchange store of value that is free of all government intervention ? that's impossible and contrarian to a system of universal counter-party. The only universal counter party that can guarantee the free flow of a currency unit is some kind of supervisory power in an organized society, aka a government. Not an exchange run by hackers or authoritarian anarchists :)
the question remains, what is the purpose and the scope of that purpose ? it's a not even a question of technology, it's a question of principles and solid organization, and Bitcoin has neither.
it has been quite clear from the start that you and baldrick and friends have no clue about the tech behind it. All you can do is post links and rehash the hype from bitcoin promoters.Quote:
Originally Posted by Mr Earl
I understand the tech behind it, and I can see the BS right through it. Baldrick is not smart enough techwise, so he got fooled like the rest of the clueless Chinese peasants, and as a chav he is greedy, so he thinks he is going to win the lottery. His case is not unique, it's actually quite common, and the reason why most people don't have money in the first place and should be taxed to oblivion instead.
As soon as they have a bit of cash, they blow it all on stupid shit like Bitcoins and lottery tickets :)
I agree and this is exactly why fiat works.Quote:
Originally Posted by Mr Earl
If you bought Bitcoin at circa 1-2k and haven't sold out at circa $10k thus making 5-10 times your money you deserve to get burnt as just greed now and you'll end up regretting not bailing now.
But is it really working?Quote:
Originally Posted by YourDaddy
Yesterday I bought a bought a bowl of noodles for 50 baht, ten years ago that same bowl of noodles was 20 baht.
I suppose it is working out great for the wealthy elite, but not so great for slobs like me who eat noodles on the street.
Quote:
Originally Posted by buriramboy
And do what with the money? Dollars? Euro? New car? Insurance? Taxes? Petrol? The latest dildo?
This time next year Bitcoin will be 50-100k and you will be wishing you passed on that dildo....:bananaman:
They rake in trillions and drive the global economy, just as well they're incompetent or we'll be in real trouble.Quote:
Originally Posted by Dragonfly
and you think blockchains or bitcoins are going to fix this ? :rofl:Quote:
Originally Posted by Mr Earl
government and big corporations are very good at collecting money, and making the poor pays more
but they are terrible at spending it, wasting it all on stupid projects (M&A, Corporate jets etc...)
look at a big corp like Apple, they keep selling shinning shit to poor people for 1,000 USD and it works :)
Still waiting on Mr. Earl to set me up an account.
Bitcoin is deflationary, so it indeed offers significant protection from central government bankster criminals from the robbery called inflation.Quote:
Originally Posted by Dragonfly
This is a game changer for regular folks looking for some financial autonomy.
The US Federal government and the IRS are starting to freak out on Bitcoin because it is out of their control.
But they are a day late and a dollar short.
People are getting increasingly aware and really pissed off about government scam banking.
Is that why banks are now overly regulated ?Quote:
Originally Posted by Mr Earl
Set up my account Mr. Earl and I will believe.
Only if the price keeps risingQuote:
Originally Posted by Mr Earl
Is there a punchline buried here somewhere? Because I feel like I'm missing it...Quote:
Originally Posted by Pattaya Plies
Surely Mr. Earl has such faith in the new found that he can set up an account with full access so we can all see the transparency.
Account Name: Teak Door
Password: Numpty
Seems like you haven't quite grasped the concept and where this is going.Quote:
Originally Posted by redhaze
Mind ya the game is changing very fast.
Here's the latest news which will likely boost the Bitcoin prices.
https://www.cnbc.com/2017/12/01/cme-...twitter%7Cmain
It doesn't work that way. Google bitcoin wallet.Quote:
Originally Posted by Pattaya Plies
Kinda scary how stupid some people can get.
It is indeed the "ultimate ignorance" to dismiss something you refuse to investigate
You set up the account and I'll have a transfer made.Quote:
Originally Posted by Mr Earl
If you bail then it's a scam.
First you have to set up your own wallet.Quote:
Originally Posted by Pattaya Plies
Perhaps you need someone local to hold your hand...
https://localbitcoins.com/
Honestly I wouldn't even waste the transfer fees on you...
which makes you the perfect victim for Bitcoins, the more obscure and crypto myths it has, the more thrillingQuote:
Originally Posted by Mr Earl
you are not buying technology Earl, you are buying thrill and excitement, not a good recipe for making money long term :)
the crypto is a scam, it's like building a safe with a front door full of bit and gadgets but they forget how walls around the safe are made of woods :)
look at the objective statement of crypto currency in their manifest, what they want to achieve etc... not how, and you see immediately it's an impossible task and an objective dreamed by loons and poorly educated fools who got bored and decided to start something new. The "how" to achieve their objective is even more ridiculous, and that alone should tell you how much of a scam it is. Not even need to look at their source code :)
jesus, stop smoking that weed :)Quote:
Originally Posted by Mr Earl
I'm 100% stupid Mr. Earl
Set up the account and you can keep the first transfer received.
it should be fairly easy to setup a bitcoin account, even for youQuote:
Originally Posted by Pattaya Plies
the whole thing is a scam and therefore must be idiot proof :)