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How to send $ETH in 19 lines of Python

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Re: How to send $ETH in 19 lines of Python

#51
post #26
post #20

Earlier quoted context omitted.

That’s exactly the problem for me: I’m the kind of person who sees money as “a token to be traded for goods and / or services”, and why would any normal person (ie, not counting crypto investment nerds) want to trade their eth if the most profitable thing to do is to hoard it?

Why do you buy things when you could only ever save?

Don't ask a question that starts with "Why" (unless you're seeking a defensive response aka negotiating).

And the answer to your question is learn about the stopping problem https://en.wikipedia.org/wiki/Optimal_stopping

Re: How to send $ETH in 19 lines of Python

#52
post #5

Tell me how to do something worth doing with ETH and I'll be impressed. Cue the intellectualization from "investors."

Receive ETH, and turn it into dollars. Tutorials should focus on getting money, not sending it out, if they want to get people's interest.

Found one! This right here is worth doing. Thank you.

Re: How to send $ETH in 19 lines of Python

#53
post #5

Tell me how to do something worth doing with ETH and I'll be impressed. Cue the intellectualization from "investors."

It’s useful as a means to trade even scammier coins. Not so much beyond that.

I guess that's "worth it" for some people here.

The joke is, those people already missed out.

"Crypto", no way that moniker lasts, is already in the greedy phase. Stay back, especially if those crypto dreams include money you shouldn't gamble with (student loans, seriously, don't do it).

Re: How to send $ETH in 19 lines of Python

#54
post #38

Earlier quoted context omitted.

> The government needs to be in control of the money supply. Not interested in bureaucrats determining my purchasing power, sorry

Antarctica will be happy to have you. /s But seriously, functional governments are what hold society together. We can't have a system without levers.

Functional societies existed long before central banking and costless money creation

Re: How to send $ETH in 19 lines of Python

#55

Earlier quoted context omitted.

> The government needs to be in control of the money supply. Not interested in bureaucrats determining my purchasing power, sorry

So rather than systems with oversight, faces, and names attached to them, you would prefer an entirely programmatic system where all transactions are final and irreversible which is not beholden to any intervention? There’s an old adage about how all programmers hate technology or something like that and I worry that we are flying too close to the sun here with the crypto hubris.

> all programmers hate technology

The latest wave of "investors" aren't programmers.

But yeah, the trust issue illustrated by your comment speaks volumes. I just wish people didn't think our problems were as easy as "sprinkle a little tech on it."

Re: How to send $ETH in 19 lines of Python

#56
post #38

Earlier quoted context omitted.

Antarctica will be happy to have you. /s But seriously, functional governments are what hold society together. We can't have a system without levers.

Functional societies existed long before central banking and costless money creation

Straw man.

Those societies also existed alongside slavery and tons of other bad shit. So how does that change the value of a functional government?

Re: How to send $ETH in 19 lines of Python

#58

I wrote a Replit tutorial on sending Ethererum from wallet to wallet in Python. It takes only 19 lines of code and is super easy to set up!

How do you test it? I'd like to test without depending on some remote service, which could be unreliable.

I link to the test transaction at the bottom of the post!

Re: How to send $ETH in 19 lines of Python

#59
post #8

Earlier quoted context omitted.

I mean, I've learned enough to have plenty of ideas for "how to use ETH" but nothing makes the cut. NFTs are **. DAO is too grandiose, especially to be hosted on ETH. And that leads to my comment.

okay, there is a robust repurchase agreement (repo) market on the Ethereum network that allows for anyone to enter the repo market to settle trades of practically unlimited sizes. before last year this was exclusively the domain of investments banks given the privilege of using the Federal Reserve's overnight repo market. Where the Federal Reserve would provide hundreds of billions of liquidity and destroy it at the…

In this perfect new world do bad decisions also haunt you forever? Like student loan debt, your ETH reputation will follow you through bankruptcy (but obviously crypto-vestors are all too financially savvy to worry about that).

Re: How to send $ETH in 19 lines of Python

#60
post #56

Earlier quoted context omitted.

Functional societies existed long before central banking and costless money creation

Straw man. Those societies also existed alongside slavery and tons of other bad shit. So how does that change the value of a functional government?

Central banking caused the end of slavery? now that's a hot take
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