351–360 of 393 posts
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The transistor is 13 years old. The transistor is not a new technology...
The transistor was invented in 1947. By 1960, 13 years later, transistors had replaced vacuum tubes as the dominant technology for electronics.
I mean I graduated top 5% of my class and make early 6 figures. My friend who graduated bottom 5% is now a crypto millionaire living in Dubai. Meanwhile I can write complex Scala code but I have no idea what blockchain , NFT , crypto is all about apart from the fact that it made my friend rich and made early adopters rich . How , why , when I don’t know . What’s the gain, purpose of it - I don’t know . Then again I d…
If you had millions why would you pick Dubai to live in?
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You’ve described a share in a private company. Not only do you not need an NFT for that, using an NFT provides you no additional guarantees.
Please point me to a musician who has created a private company and sold shares in order to compensate investors for royalties from their work.
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The transistor was invented in 1947. By 1960, 13 years later, transistors had replaced vacuum tubes as the dominant technology for electronics.
Yes, and then the internet took another 20+ years.
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> By my definition that's a crap game Even in the context of the original game release in 1996? > But millions of people have fun playing it and its a big part of their lives Yes and all they have to do for that is buy one of the many Pokemon games between 1996 and 2021 and start playing and enjoying the game for whatever it is they get out of it, be it story, gameplay, collecting or PvP. Now where is the connection…
> Even in the context of the original game release in 1996? The point of that comment was to say "crap" is an entirely subjective opinion. Myself telling you that yes it was crap even in 1996 is not going to change the validity of the sentence I just said. The connection which you aren't able to see which to me is extremely obvious, is that people who play with crypto "start playing and enjoying the game for whatever…
Cryptobros aren't in it as a hobby or because they "just enjoy the tech like other people enjoy pokemon", they want to make money with a speculative asset and spread false promises to rope in as many people as possible to drive up the price.
If that is not the case, well let it crash. After all: You can still enjoy it without the gambling aspect or even popularity, can't you?
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I think there’s something to be said about this sort of approach on communication and the site guidelines, but I’m sure someone else would word it better than I.
Is blockchain inherently bad? Asking a tangential question, is a data store like Oracle DB, Postgres, or MongoDB inherently bad? If you answered yes to one and NOT the other, please rethink about how you view blockchain or any data store. Because perhaps your intention was to be extremely polarizing, which is fair, but I also think your wording is dishonest. > the entire scope of these technologies is promoting fraud…
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How about international money transfer for a start? I can and have moved money internationally in minutes for less than it would cost through the SWIFT system which would take days. This is all fine and good for me, as I live in a developed country, so I "could" just use SWIFT ,but what about remittance payments? For people who have a mobile phone, but no bank (a large number of people in the developing world), a rel…
The only people who could be making any serious of cryptocurrency for international money transfer is organized crime and money launderers. Sending remittance payments in cryptocurrency does not make sense for people who are sending their hard earned dollars back to their home country to support their impoverished families. The risk exposure to exchange rate fluctuations, and risk of loss of funds in transit (due to…
In no way am I suggesting "crypto bros should get rich off selling product to poor people". The only point where any interaction with a crypto-bro may be necessary is in transferring fiat to crypto.
And your "fraud" comment makes me think you don't understand crypto. "Sending money to the wrong wallet" is a lame reason, it's the equivalent of giving money to the wrong person. Though there is likely to come a better/safer method, how many people have sent money to the wrong wallet by mistake?
The exposure of exchange fluctuations is real, but won't continue for ever as greater adoption leads to greater stability. You are also sometimes dealing in countries where the local currency is also susceptible to similar fluctuations.
I find it strange that people keep promoting that YouTube documentary. Ignoring tone issues, there is a lot of cherry picking and other logical fallacies. For example, he talks about how terrible Tether is and then completely ignores USDC. He also claims that none of the popular blockchains can scale, but Solana is frequently in the top 5 most popular cryptocurrencies. It seems to me that people that do an hour of re…
>Tether is and then completely ignores USDC. He also claims that none of the popular blockchains can scale, but Solana is frequently in the top 5 most popular cryptocurrencies. This is very frequent tone on many subreddits, whether you used it intentionally or not, you became part of the problem: none blockchains can scale and all are bad for planet, but have you seen how good solana actually is? This week Solana had…
>I didn't say anything bad about solana or PoS
Isn't this a contradiction?