21–30 of 56 posts
Earlier quoted context omitted.
fire superseded by central heating and electric fires knives superseded by guns (weapons) and fork (cutlery). I'll give you the wheel only because I'm still waiting for my hovercar
I'd like to see how you cut bread with a gun or a fork.
I don't understand bitcoin. In the sense, for a normal person to use it. I don't understand a normal consumer using bit coin. I can't even figure out how to setup this stupid wallet. It has been downloading a block file for over 5 days. How the fuck is this the future? The future is retarded.
EDIT: Sorry for being rude; last night was a long night. What I'm really trying to say is that, by running wallet software locally, you are opting yourself in to a few responsibilities that go beyond just storing your own money. If all you want is the ability to store your bitcoins, there are already services that will provide you that ability with no fuss.
I'm holding some bitcoin, but I'm still not sure whether I'm speculating or if I'm in for the long run. Sure, the Chinese are plowing huge sums of surplus cash into BTC, but where can it go? If the US, EU, and China decide tomorrow to freeze out bitcoin exchanges (like the US has already pretty much done), then where does that value go? Does it sit in BTC until adoption hits critical mass? How do you reach critical m…
I don't understand bitcoin. In the sense, for a normal person to use it. I don't understand a normal consumer using bit coin. I can't even figure out how to setup this stupid wallet. It has been downloading a block file for over 5 days. How the fuck is this the future? The future is retarded.
Since you are apparently very used to people doing things for you, you might want to look at online wallet services[1] that hold your money. You might think that it is less safe to do things that way, and you are right, but it is no less safe than giving your cash to the bank. EDIT: Sorry for being rude; last night was a long night. What I'm really trying to say is that, by running wallet software locally, you are op…
Most deposits in a bank are insured. Most (all?) online bitcoin wallets are not.
I don't understand bitcoin. In the sense, for a normal person to use it. I don't understand a normal consumer using bit coin. I can't even figure out how to setup this stupid wallet. It has been downloading a block file for over 5 days. How the fuck is this the future? The future is retarded.
Since you are apparently very used to people doing things for you, you might want to look at online wallet services[1] that hold your money. You might think that it is less safe to do things that way, and you are right, but it is no less safe than giving your cash to the bank. EDIT: Sorry for being rude; last night was a long night. What I'm really trying to say is that, by running wallet software locally, you are op…
The article asserts this: "All technologies eventually become outdated" There are easy counterexamples: * Wheels * Fire * Knives These are technologies that predate written records (did I mention writing as another example?) yet they all remain use and are actually fundamental in our daily lives. I am not going to claim that fiat currency will be so enduring, but I see no reason to assume that it will be replaced by…
I don't get what you're trying to say. Bitcoin is a fiat currency.
The article just supposes that Bitcoin is the next big thing and then it portrays where we might be in terms of adoption if indeed the supposition is right. But I would rather want to know why people are adopting Bitcoin and what they are exchanging it for. That way I could truely understand the Bitcoin economy and whether it is actually the next big thing or not. I don't want to be a harsh critic but I always get my…
> what they are exchanging it for. I went to a Subway in Allentown and bought subs with bitcoin last week. Scan QR code, send amount with a (in fiat) .5 cents confirmation fee to get it accepted quickly, done. No signing paper, no pinning codes, no 5% vendor transaction fees for using a piece of plastic. I've bought humble bundies, reddit gold, wordpress themes, and an sd card from a bitcoin auction site with bitcoin…
However, I find it difficult to believe these things warrant the massive increase that bitcoin has seen the past few weeks. Open source projects, indie games and one sub shop do not a currency make.
That said, I am a believer in bitcoin and hold a few myself. I also exchange it for the things you speak of. But I desperately want to get from auction sites, humble bundles, reddit gold and wordpress themes to groceries, fuel and clothing. Then we might justify this market cap.
I don't understand bitcoin. In the sense, for a normal person to use it. I don't understand a normal consumer using bit coin. I can't even figure out how to setup this stupid wallet. It has been downloading a block file for over 5 days. How the fuck is this the future? The future is retarded.
Since you are apparently very used to people doing things for you, you might want to look at online wallet services[1] that hold your money. You might think that it is less safe to do things that way, and you are right, but it is no less safe than giving your cash to the bank. EDIT: Sorry for being rude; last night was a long night. What I'm really trying to say is that, by running wallet software locally, you are op…
The article asserts this: "All technologies eventually become outdated" There are easy counterexamples: * Wheels * Fire * Knives These are technologies that predate written records (did I mention writing as another example?) yet they all remain use and are actually fundamental in our daily lives. I am not going to claim that fiat currency will be so enduring, but I see no reason to assume that it will be replaced by…
> I am not going to claim that fiat currency will be so enduring I don't get what you're trying to say. Bitcoin is a fiat currency.
The article asserts this: "All technologies eventually become outdated" There are easy counterexamples: * Wheels * Fire * Knives These are technologies that predate written records (did I mention writing as another example?) yet they all remain use and are actually fundamental in our daily lives. I am not going to claim that fiat currency will be so enduring, but I see no reason to assume that it will be replaced by…
fire superseded by central heating and electric fires knives superseded by guns (weapons) and fork (cutlery). I'll give you the wheel only because I'm still waiting for my hovercar
Fires are also better for everyday domestic cooking, whether due to basic usability (in the case of a hob) or warm-up time (in the case of a grill or oven).
Passing electricity through bits of metal until they heat up is fine, but I don't appear to be unique in my feeling that simply setting stuff aflame works better. So all in all, I don't see the humble fire going anywhere.
(Lest you think I'm a stick-in-the-mud, do note that I fully approve of the use of electric light over candles.)