51–60 of 162 posts
For what it worth...
Around when this was published I looked into the feasibility of pencil-and-paper wallets. What would it take to generate a key-pair using just pencil and paper? There are tricks like big tables of precomputed multiples of the generator that make it easier, but you still need to do hundreds of 77 digit modular multiplications. And you want to be absolutely sure you made no mistake.
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And yet he made a half hour show with episodes such as "how to bounce a ball", "how to dig a hole, "how to open a door", "how to take a nap", etc.
Sounds like he must be a good talker to say the least. Charismatic or at the minimum entertaining.
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Honestly, what is getting me is that his book on sharpening pencils is actually 224 pages long. That seems awful long on such a simple subject!
And yet he made a half hour show with episodes such as "how to bounce a ball", "how to dig a hole, "how to open a door", "how to take a nap", etc.
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The fact alone that writing and editing ICO whitepapers (plural) is something an individual can do as a job makes me trust ICOs significantly less.
Lawyers charge exorbitant amounts for writing contracts. Selling papers is not a new invention.
I've found it works best with artisanal sharpened pencils http://www.artisanalpencilsharpening.com
Well, the Paypal button actually works! I wonder if someone ever placed an order though...
[1]: https://www.amazon.com/How-Sharpen-Pencils-Theoretical-Contr...
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Oh God. Given the quality of this gig description, at least we know that whitepapers written by that person will be immediately recognizable as scams.
And yet, people will still invest in it. The "Useless Ethereum Token" [1] subtitles itself as so: You're going to give some random person on the internet money, and they're going to take it and go buy stuff with it. Probably electronics, to be honest. Maybe even a big-screen television. Seriously, don't buy these tokens. And people still invested more than $40.000 in it [2]. [1] https://uetoken.com/ [2] https://qz.co…
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Monkeys with typewriters are currently busy banging out whitepapers for ICOs.
A friend of mine writes and edits ICO whitepapers. He's very skilled and gets paid pretty well for those skills.
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It takes a lot of billions of hashes per bitcoin - I think your hand mined one would work out a bit too expensive for anyone to buy.
Not to mention that Bitcoins are indistinguishable from themselves. So that'd be a very niche idea.
I've been a Bitcoin proponent for a long time, but this lack of basic fungibility is one of its major downsides in my opinion.