31–40 of 144 posts
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It depends on how they are used, but frequently, yes. Even so, you can sell to accredited investors totally legally. A few ICOs have worked this way.
Is a cryptokitty illegal for non accredited investors to buy? Or is it just a “normal” good.
Earlier quoted context omitted.
It depends on how they are used, but frequently, yes. Even so, you can sell to accredited investors totally legally. A few ICOs have worked this way.
Is a cryptokitty illegal for non accredited investors to buy? Or is it just a “normal” good.
The nature of single things is decentralized. Therefore every new era starts with decentralization. The internet started off quite decentralized, for instance. But do we really have a new era here? I'm not sure if with 32 years of age I'm already too old to recognize the New and grog it. I don't feel it. I feel there's a lot of buzz around blockchain, sure. But it looks like it would be all. Bitcoin is just as centra…
> Bitcoin is just as centralized as banks are, for instance. That's a rather odd statement. Can you justify that?
A handful of actors with a controlling stake isn't exactly the same thing as "centralized" but it's close.
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sharding is in the same boat as proof-of-stake, nobody knows if a system can be built that preserves the level of security of current monolithic and proof-of-work systems, it is being studied on an academic an implementation level by several teams including Cardano, ethereum and ethereum classic. On the scalability issue if you sacrifice the decentralization is theoretically possible for Bitcoin to process on-chain,…
Proof of steak sounds delicious and would be enough to tempt me off the sidelines into investing.
LOL Proof of steak https://youtu.be/U3OEk2dNYcU?t=44
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How is trustless digital programmable peer-to-peer monetary transaction not a great solution to the antiquated, corrupt status quo?
Just because you put the words antiquated and corrupt in the question doesn’t make those two things true. Based on my somewhat brief experience as a crypto investor it hasn’t given me great hope of it solving corruption...
Immune systems will develop I believe.
The nature of single things is decentralized. Therefore every new era starts with decentralization. The internet started off quite decentralized, for instance. But do we really have a new era here? I'm not sure if with 32 years of age I'm already too old to recognize the New and grog it. I don't feel it. I feel there's a lot of buzz around blockchain, sure. But it looks like it would be all. Bitcoin is just as centra…
> Bitcoin is just as centralized as banks are, for instance. That's a rather odd statement. Can you justify that?
- https://www.reddit.com/r/btc/comments/7dl4r3/miner_centraliz...
- https://medium.com/@cloudycalvin/potential-threats-to-bitcoi...
Happy to answer any follow-up questions here
Here is their founder giving a presentation about it at the Decentralized AI Summit: https://www.youtube.com/watch?v=9QMgVsbHu98
It ties together things like the "Who owns the future" book by Jaron Lanier and AI/Bots/APIs for new economies.
Happy to answer any follow-up questions here
Are ICOs illegal in the USA?
I've skimmed the SEC documents Reg A, Reg S, Reg D, Reg CF they are all nonsensical when it comes to raising capital with crypto.
This is not true, you can already build (and people are) dApps that run in the browser (no extension) using the latest native Web Crypto API that we've made easy to use:
https://hackernoon.com/so-you-want-to-build-a-p2p-twitter-wi...
Dominic Tarr and the Beaker Browser guys with SSB also have even webasembly-ified libsodium which is highly rated ( #4 ranked on GitHub https://github.com/topics/cryptography ).
It is just that a lot of investors are caught up in hyped-up vaporware scams, rather than real technology that already exists and works and is available for developers to use today.
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> Bitcoin is just as centralized as banks are, for instance. That's a rather odd statement. Can you justify that?
https://www.bloomberg.com/news/articles/2017-12-08/the-bitco... A handful of actors with a controlling stake isn't exactly the same thing as "centralized" but it's close.