@PickupArtist
Because what they are talking about has nothing to do with that, or the ability to?
Being able to impact the distributed aspect of the chain, or hijack node hash calculators in no way means it helps you figure out why or 'who' transfers are going to. Nothing in the report indicates that it helps tie any addresses to individuals or purpose of transfers.
-We don't control what happens to us in life, but we control how we respond to what happens in life.
-Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times. -G. Michael Hopf
Disclaimer: Post made by me are of my own creation. A delusional mind relayed in text form.
"Enlightenment is man's emergence from his self-imposed nonage. Nonage is the inability to use one's own understanding without another's guidance. This nonage is self-imposed if its cause lies not in lack of understanding but in indecision and lack of courage to use one's own mind without another's guidance. Dare to know! (Sapere aude.) "Have the courage to use your own understanding," is therefore the motto of the enlightenment."
kevin o leary from skark tank met them and INVESTED IN THEM
or other theory, they bought kevin like u buy his cameos for 50 bucks and he asked all his dumb followers to invest for him in them , just payed a little more for that bald whore
kevin o leary from skark tank met them and INVESTED IN THEM
or other theory, they bought kevin like u buy his cameos for 50 bucks and he asked all his dumb followers to invest for him in them , just payed a little more for that bald whore
Yes, now that it turns out any of the set rules go overboard when the shit actually hits the fan and banks get yet another bailout (don't mistake this for anything else), the party can go on for a bit longer
I still think this marks the beginning of a crash is slow motion. High inflation and interest rates will lead to a recession. Money is being shifted to safer areas (bigger banks, government bonds). The panic reaction of the US government to bail out a non-systemic bank, is a sign they're pretty scared of the consequences.
There must have been a door there in the wall, when I came in.
Truly gone fishing.
I'm no banker but it seems like things will only get worse.
- Inflation and raising interest rates devalues bonds.
- Bonds are long term investments 10+ years therefore can't be offloaded easily without massive losses.
- With these bailouts they are also providing banks with relief options, but those options cause further inflation, which raises interest rates and devalues bonds
Not in US and interest rates here have increased i think 7-8x in 12 months, which is a knee-jerk reaction to handing out free credit for 15 years and being asleep at the wheel. People here are already sinking at 3.6% (when you should know it has been as high as 15-18% in 90's and plan accordingly).
These assholes including goverment have been legislating to pump house prices for decades now, and pumping out free unlimited credit like its candy with zero repurcussions. There's a perfect storm here for a complete collapse, if those interests rates keep going higher people will be defaulting left, right and center. Also how then does the banks recoup that money when new first home buyers can only borrow 500K rather than 900K because of the rates.. just crazy.
@AmpegV4
Yea house prices are fucking crazy as shit.
I bought our house just out of luck of timing, my landlord didnt want to be a landlord anymore and me and wife decided we are in our 40s, we should just buy a house and went looking.
Bought it in 2018 for 175k its now valued at 303k...in 5 years it doubled. 300k 5 years ago would have bought a HUGE house here in my area of Florida. Now it buys...mine.
So NEVER buy a house without a fixed rate mortgage. If I would have got variable, I would be screwed now.
I couldn't even dream of affording the house I live in, if I wanted to buy it now. its not like it a huge house. 3 bedroom 2 bath with garage and pool. thats it.
And I never understood the appeal of credit cards. If you dont have the cash to buy something, well other than house or new car, dont buy it. Seems so counter logical to me to think: I don't have the funds to buy this, so let me pay more for it with interest.
I have one but only to help credit score. I use it like a debit card: Charge something on it I have cash for, then pay it off same day.
-We don't control what happens to us in life, but we control how we respond to what happens in life.
-Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times. -G. Michael Hopf
Disclaimer: Post made by me are of my own creation. A delusional mind relayed in text form.
They make fixed unpalatable almost intentionally here. You pay at times 3x more higher rate, and it can only be fixed for limited time, like 5 or so years.
It's the first home / people that bought in the last 7 years that will get wrecked the hardest here too. Anyway that's my theory.
Fixed rate mortgages are also around 3.6% here now. It's still low, historically, so if this rate is defaulting people, we're in for a ride. I bought my appartment in 2008 for about 3.5%, and that was a good deal back then But you didn't need to input 20% of the total price yourself either, which banks now demand of most people...
There's also a new law in Belgium that enforces new owners to renovate their homes within 5 years, to be more eco-friendly. You can get subsidies and free loans for that, but it's still a big additional investment.
DXWarlock wrote:
And I never understood the appeal of credit cards. If you dont have the cash to buy something, well other than house or new car, dont buy it. Seems so counter logical to me to think: I don't have the funds to buy this, so let me pay more for it with interest.
There's no interest charged when you pay it off within the month, so I consider credit cards as 'short term, interest free loans'.
They start charging like 15% the next month, so only use it when you can pay it soon
There must have been a door there in the wall, when I came in.
Truly gone fishing.
if that video1 was true, then private energy companies would be farming crypto and afaik they arent cause its not profitable, only in deserted places and near hydrostations its profitable
there is only a couple hours in the daytime where the sun is providing energy nobody needs, during peak use hours they cant affort to divert energy to crypto crap so ur talking at best 25% of a day of cheap energy dividing any profit by 4 already
bottem video is a snake oil cunt i didnt even bother listening too, ITS NEW ITS FANCY WE GONNA BE RICH WE JUST GOTTA FIGURE IT OUT lol, what a fag
Yeah i thought video 1 was more far fetched and unfeasible. The second video is getting a lot of uptake in the states at the moment and I've seen several senators now debating the benefits and refuting the naysayers.
If your a crypto miner you want the cheapest possible energy. In a lot of cases that's renewable energy, with some miners generating their own. It also happens that energy companies specializing in renewables have an inherent inefficiency problem, that crypto mining solves and it's a good solution. It winds up a win win for crypto miners, and energy companies both being profitable and providing services to end-users.
This is an interesting debate as well - Senator Cynthia Lummis. Sorry i tried to just find the recording but this derp was the best i could find, just jump to 0:22.
One of the interesting points here is the debate of venting the gas (a pollutant) into the atmosphere.. vs. just using, again same scenario as above in a crypto-mining world.
still doesnt explain how "mining" something that doesnt exist, has value and can sustain an economy ... gold exists ... it makes zero fucking sence on a global economic level, especialy when its competing with a system that does the exact same, only they print money , and can send the cops after u whenever they please and take all ur mining shit atthe push of a vote button if it will ever endanger their money printing or endanger the real economy
it WILL NEVER SUCCEED, thats an insurmountable enemy of crypto, no matter how many politicians have crypto stocks, there will be always more who dont have any and will feel left out and vote to make it illegal if they ever feel their campaign funding and election is threatened by another politician trowing crpyto wealth at the election campaign
something that doesnt exist, has value and can sustain an economy
Not a defense of crypto. I dont think it will ever be mainstream currency. But the argument about how something made up, fake, backed by nothing, and is only worth what people say it is will never work on a global scale, means how every country does money now would never work (No country is on a gold standard since 1976.)
Every countries' money is 'made up', backed by nothing other than the promise that its worth something, and theoretically has no limit on how many they can make. No country has any tangible assets or commodity as a backing for its currency. Gold, silver, whatever. None do that.
Fiat Money translates to "Decree Money" (fiat = Latin fieri). The value of fiat currencies is ultimately based on the fact that they are defined as legal tender by way of government decree. Thats all that makes it have value: Someone says it does.
The only difference in what we use now, and crypto. Is govts say one is legal tender. And one is easier to generate (one you mine to get, the other they just say poof there is more).
As both are: Forms of electronic money that is generated by computers, transferred around between accounts with no paper or physical items or paper bills being moved to do so. (95% of fiat money transactions as a whole is digital to digital, no actual 'money' printed moves or even exists for it. It's just numbers in a digital location a govt says yes they acknowledge it has value)
-We don't control what happens to us in life, but we control how we respond to what happens in life.
-Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times. -G. Michael Hopf
Disclaimer: Post made by me are of my own creation. A delusional mind relayed in text form.
yes i saw the flaw in my opening and rebuttled by saying, printed money is the same,but much bigger, and has more powerfull people behind it, so crypto is just doomed once it awakens the dinosaur t-rex money printers bosses when it starts affecting their wallets/votes/power. Then the shit will hit the fan. Fun side project maybe, but bilieving it will ever replace printing money mafia is just on same level as aliens abucted me to fornicate and have my babies level of lunacy
Yea with all the billions of types of coins, cant see it taking over. Too much mess and chaos to be taken seriously by the average joe.
As much as supporters of it say crypto is nothing like fiat, and compare it to fiat the only real tangible difference for the layman usage of it as money is one is govt accepted, the other is not.
Well sort of, Bitcoin could be called 'quasi-fiat' as some governments have declared it legal tender. No where in fiat does it say the govt needs to control it. Just they say it's legal payment.
Say the world accepted bitcoin as legal tender in all countries. Then it IS fiat money. Using the argument that Bitcoin is not fiat as a positive point of it make no sense. As saying that just means "Govts dont accept it as legal tender" it doesn't mean what the people saying it thinks it means: That no govt controls it.
I myself think its biggest problem is that everyone and their brother is making shitcoins so there is 1001 shitcoins.
There is 1001 options, that are all trying to replace a system that already is established and works off the same value index of why it has value. Derailing any attempt at making a serious effort to replace what we have now with the ones not shitcoins. Since it's so complicated, bloated with a million different coins, and ways they work, and how its done, and how they relate or counter positives of other coins.
Making it nearly impossible to want to take it seriously and learn all that shit and dive down rabbit holes to even figure out which of those 1001 are 'real' worthwhile considerations, simply to replace a system that everyone already knows, that sort of is that anyway to start with.
-We don't control what happens to us in life, but we control how we respond to what happens in life.
-Hard times create strong men, strong men create good times, good times create weak men, and weak men create hard times. -G. Michael Hopf
Disclaimer: Post made by me are of my own creation. A delusional mind relayed in text form.
I used to like some of those shit projects but now it's just BTC and Eth.
Fiat - central banks inflate supply and steal your money.
Crypto - now anyone derp can fork and print money.
BTC, humans now have actual control over their money they haven't had in thousands of years. Can't be fucked with.
I think your crazy if you don't feel that one property of BTC doesn't equate to valuable. Esp. as it's almost the only thing in life you can actually own, and have it not stripped away.
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