User:PearlineMcKibben
Honestly, and I say this with respect, if your plan is to inform people of something you see happening but don’t want to give a reason why then you are really doing 1 of 2 things in my opinion.. I gain two things from this and I have to say I really appreciate your way of thinking and how you put this question together. I save people from a likely pullback and WILL STILL inform if bitcoin decides not to pullback at least by a weeks time.youtube.com I don’t share how I know because life isn’t easy and spoon feeding people isn’t a smart idea in the long term. A community dedicated to Bitcoin, the currency of the Internet.youtube.com Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Desalination now only needs 2kWh per cubic meter. We don't have scarce water in most places, we only have scarce drinking water. Imagine what will be possible if anyone can have as much clean water as he wants, for nearly no cost. Health: The Tricorder X price will be announced this year. There will be companies who will build a medical device (called the "Tricorder" from Star Trek) that works with you phone, which takes your retina scan, you blood sample and you breath into it. It then analyses 54 biomarkers that will identify nearly any disease. It will be cheap, so in a few years everyone on this planet will have access to world class medicine, nearly for free. 10 years. In the same time, it became 100 times faster. All major shoe companies started 3D printing shoes. Spare airplane parts are already 3D printed in remote airports.
The space station now has a printer that eliminates the need for the large amout of spare parts they used to have in the past. At the end of this year, new smartphones will have 3D scanning possibilities. You can then 3D scan your feet and print your perfect shoe at home. In China, they already 3D printed a complete 6-storey office building. By 2027, 10% of everything that's being produced will be 3D printed.youtube.com Business opportunities: If you think of a niche you want to go in, ask yourself: "in the future, do you think we will have that?" and if the answer is yes, how can you make that happen sooner? If it doesn't work with your phone, forget the idea. And any idea designed for success in the 20th century is doomed in to failure in the 21st century.
Work: 70-80% of jobs will disappear in the next 20 years. There will be a lot of new jobs, but it is not clear if there will be enough new jobs in such a small time. Farmers in 3rd world countried can then become managers of their field instead of working all days on their fields. Aeroponics will need much less water. The first petri dish produced veal is now available and will be cheaper than cow produced veal in 2018. Right now, 30% of all agricultural surfaces is used for cows. Imagine if we don't need that space anymore.
There are several startups who will bring insect protein to the market shortly. It contains more protein than meat. It will be labeled as "alternative protein source" (because most people still reject the idea of eating insects). There is an app called "moodies" which can already tell in which mood you are. Until 2020 there will be apps that can tell by your facial expressions if you are lying. Imagine a political debate where it's being displayed when they are telling the truth and when not. Bitcoin will become mainstream this year and might even become the default reserve currency.
Longevity: Right now, the average life span increases by 3 months per year. Four years ago, the life span used to be 79 years, now it's 80 years. The increase itself is increasing and by 2036, there will be more that one year increase per year. Africa and Asia. Until 2020, 70% of all humans will own a smartphone. That means, everyone has the same access to world class education. Every child can use Khan academy for everything a child learns at school in First World countries. We have already released our software in Indonesia and will release it in Arabic, Suaheli and Chinese this Summer, because I see an enormous potential. We will give the English app for free, so that children in Africa can become fluent in English within half a year.
Thank you for the info on CDS. No worries. Hope you will have some discussion with other people you trust outside the BSV community about it because I am asserting here that they are full of shit on this point. Bitcoin SV isn’t ‘permissioned’. It’s the same as any public blockchain. There may be a scale of gray but basically if it is not permissionless, it is permissioned. I.e. some central entity or cabal can make decisions about the rules of the coin. But the ‘it’s permission-less’ argument and the idea that you can’t make Bitcoin adhere to law globally has to be addressed.
Money is a legal tool. It has to work within the law to function at all. And if you go around breaking the law, or creating financial tools that help other people break the law, it’s not ‘permissionless’ it’s just ‘illegal’., so what you’re saying makes no sense. Completely impossible. If this could be done, then countries would have harmonized all their laws long ago. It's the nature of politics and power games. If Bitcoin is to be global, Bitcoin itself cannot be beholden to arbitrary rules. If it goes down a path of trying to comply, then as I described above, it becomes beholden to the current power structure and effects little to no change. No point and no value.
Also you have to differentiate between apps/user-facing issues and Bitcoin itself. It sounds like you’re saying ‘law doesn’t apply to bitcoin’ which is nonsense, or ‘law doesn’t apply to bitcoin developers’ which is also nonsense, or ‘law doesn’t apply to the criminals who use bitcoin’ which is total crap. The problem here is that you are equating morality and legality. There are plenty of things in history that have been illegal at first, disrupted the socio-political balance and ended up better for everyone in the end. I'm sure you can think of some of these. In summary, if you want a fast cheap database, we have had those forever.
The key feature of Bitcoin that gives it any meaning at all is the permissionless nature derived from the game theory that makes it resistant to capture by centralized entities and cabals. Without that, again, it's just a slow expensive database. One way or another, if you want to build a global financial system on bitcoin, it isn’t ‘permissionless’.youtube.com As an example, if you want to release a stock or a share on bitcoin, it still has to be a legal offering. You still have to be regulated by the SEC. This is very US centric. Let me rephrase it: if you want to release a share that fits within the US financial and legal system, then you have to be regulated by the SEC. I have no argument with that. What if you want to release one that is not within that framework?
Of course you should be able to do that. Then it becomes a user-facing issue. How would you propose to stop it in the first place? I never said it is against governments. It is parallel to governments - look at the internet. Locally it follows all kinds of different rule systems, but globally it is roughly not controlled. BSV is an appeal to authority, I’m afraid the fact that you’re mislead about what bitcoin is (anti government??)(anti-bank??) really isn’t important. What mechanism do you propose for BSV to comply globally with all legal systems? Most people, businesses, governments, want to operate within a common legal framework, together.
I would rephrase this as businesses generally find it in their best interest to cooperate with the legal frameworks in place in the places they do business. Not that they want it inherently. Businesses are profit-seeking entities, not compliance-seeking entities. That’s the point of bitcoin. Making trade easier, making industry function better, more smoothly, more cohesively.youtube.com Please understand that this is an opinion that many people, including me would disagree with. In my opinion, the points you listed are beneficial secondary effects of its reason for existence. Working WITH governments and with each other is the whole point. Same question: please propose a mechanism for this. I have not seen one from nchain yet. All this trying to work against government as if they’re not ‘us, the people’ is insane and the product of a sick society that believes government is the enemy.
It isn’t. And it’s about time we started to recognise that governments, banks and corporations are part of our society and they have a say in this too.youtube.com You would have to be terribly naive to think that the current set of world governments and/or banks represent "the people". It may be better today than in the past, but there is a long way to go. Bitcoin is one of the things that can provide an additional check and balance to get us one more step along the way. The government is not the enemy (well, in some cases it is), but neither is it your perfectly beneficent parent.
In any case, Bitcoin is intended to setup a game theory balance between all of these geo-political entities where they have to cooperate to participate. I like that idea - I think it could lead to a more cohesive and representative social contract. And Bitcoin that actively attempts to subjugate itself to arbitrary laws will necessarily have ZERO power to affect that balance. It will immediately fall under the power of one of the centers of power - in today's environment, probably US or China. That will be no benefit to our society at all. In summary, I hope you will reconsider "permissionless". Without it, Bitcoin is an empty shell, an expensive and slow database.
I just bought a Pen. On Amazon. With BITCOIN. I just bought a Pen. On Amazon. With BITCOIN. How does it work exactly? It's a normal payment service. You give them money and then they give USD to amazon. Is this in collaboration with amazon? No chance in hell. Which wallets are supported? The extension gives you an lightning address. So it supports every LN capable wallet. It also has [https://www.trendingnews24x7.com/coinbase-customer-service-phone-number/ Coinbase Phone Number] integration with BTC, LTC, ETH, and some scam coin. A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
In 1928, Paul Kollsman changed the world of aviation by inventing the world's first accurate barometric altimeter. His altimeter converted barometric pressure into the distance above sea level in feet. His altimeter even allowed pilots to fly blind. The creation cost of bitcoin is the barometric altimeter of bitcoin. Bitcoin goes in waves. Sometimes it is high off the creation cost, a good time to sell, and sometimes it is low close to the creation cost, a good time to buy. Up until now there has not been a metric for understanding this relationship, but I am now proposing using a Price/Creation cost ratio (P/C ratio).
The creation cost is found by knowing the network hash rate and running it through an algorithm with the parameters of the most efficient mining machine. Once this is done, you will know the creation cost of a single bitcoin with that type of machine separated into electricity cost and machine cost. No business sells its products for less than cost. That is why this creation cost represents the strongest price support zone in bitcoin. If you know the creation cost, finding the P/C ratio is simple.youtube.com The P/C ratio is very similar to a P/E ratio in stocks. A high P/E signifies high speculation, a low P/E signifies low speculation. A high P/C signifies high risk, a low P/C signifies low risk. I publish this data through my site every week on Friday. My goal is to make this available to everyone, in hopes that people can fly free in bitcoin. The machine that is the most efficient is an Antminer S17 (from Bitmain). 05kWh (this includes facilities and personnel).
If you think NANO will ever be as secure as Bitcoin is today, you're mistaken. That's a big problem for NANO. But distribution is also a problem, the distribution system for NANO wasn't perfect, it was easy to exploit it to gain huge amount of coins practically for free. Those coins are being dumped on the market and will keep the price of NANO in check. I actually hold NANO but it's not realistic to expect it to replace Bitcoin or other top PoW SoV cryptos. It doesn't have the security, it doesn't have the adoption, it doesn't have the features, it doesn't have the dev talent.
A Bitcoin ATM started firing out wads of £20 notes in front of stunned commuters at a Tube station in London. The footage, filmed at Bond Street station near Oxford Street, shows security guards surrounding the cash machine to stop people getting access to the money. A sheepish customer, believed to be making a large withdrawal, stood near the ATM, with a duffel bag placed on the floor filling up with money. Share The customer seemed to be collecting the money in the bag and even used his feet to push the cash closer together. He is ignored by the security guards as he watches the money pile up.
Several commuters stop to stare at the cash as it pours out of the Bitcoin ATM. The Polish company that owns the machine said that it started spewing out notes because a customer was withdrawing a large amount of money. It also insisted that the machine did not randomly start discharging the £20 notes. Adam Gramowski, owner and CEO of Bitcoin Technologis, claimed his company's machine was struggling to handle UK notes. He told the Sun: 'As you can see there is a bag in the front of ATM. However our ATMs support large transactions and it is fair to say that a larger, redesigned presenter would be a good solution.
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First, it doesn’t depreciate. Because of the way that the UPDC token works, it is protected against the the volatility of the market. People can’t short it, or manipulate the price. It increases at a fixed, and steady rate. All of which is well defined, and documented in their whitepaper. Furthermore, there is a limited supply which slowly diminishes over time through the process of "burning tokens" at the point of transaction. The more transactions that take place, the faster UPDC tokens are burned out of circulation.youtube.com As the tokens gain utility through the ecosystem, the velocity of use will result in improved liquidity. On June 1st this drops to 30% per month and continues to drop further in the future. Over time as the liquidity, utility and infrastructure improves the rate of increase will drop. You get the highest ROI today because the project is new and still establishing itself.
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