11–20 of 84 posts
This article can be summed up by the bottom page quote “Prices right now aren’t being driven by network usage, they’re being driven by speculation that tokens are going to appreciate. It’s a gold-rush mentality.” Also everytime I see yet another Ethereum story I think of http://www.paulgraham.com/submarine.html
The Bitcoin brand itself has intrinsic value which is related to its popularity. Consumers have always been willing to pay a premium to deal with specific brands which they know and trust.
When people buy Coca-Cola, they're not paying for brown sugar-water.
I do think that a lot of Bitcoin's current value is driven by the black market for money laundering but its distributed nature puts the government in a difficult position when it comes to regulation.
If the government tried to delegitimize Bitcoin and shut down all big miners and exchanges, it would just fragment the Bitcoin network further and shift its control into the hands of smaller, shadier players who would be much harder to regulate.
There has always been a market for virtual currencies but because they used to be centralized, the government was always able to step in and shut them down (e.g. Flooz, e-gold...) Cryptocurrencies might actually solve that problem.
Yes, and 2017 is the year of the Linux Desktop. We can barely get stores to use EMV/chip card readers, so I'd have to say no.
Take EOS for example... it's a company that's basically a Bitshares fork and it's raising possibly a half to one billion dollars on the promise to deliver something different in one year.
Their purchase agreement promises nothing and is highly concerning: https://eos.io/purchaseagreement/EOS%20Token%20Purchase%20Ag...
What investor would give a startup half billion dollars in seed money without even an MVP?
In the end it all comes down to: will the team deliver or not? The startups fail at 95% + money corrupt teams.
If the team members done 0% work so far and are rich already, what's their motivation like? Why push through the hard times and drama that will inevitably happen if you can just bail out right now and take the money
Yes, and 2017 is the year of the Linux Desktop. We can barely get stores to use EMV/chip card readers, so I'd have to say no.
Now, OpenBSD is another matter entirely...
Yes, and 2017 is the year of the Linux Desktop. We can barely get stores to use EMV/chip card readers, so I'd have to say no.
Yes, and 2017 is the year of the Linux Desktop. We can barely get stores to use EMV/chip card readers, so I'd have to say no.
Yes, and 2017 is the year of the Linux Desktop. We can barely get stores to use EMV/chip card readers, so I'd have to say no.
A little aside, I've been using Linux as primary workstation for seven years now. It works great, so I've never understood this "year of the desktop" meme. Now, OpenBSD is another matter entirely...