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Dr Cheeto
Mar 2, 2013
Wretched Harp
Cocaine is good for something so it's not at all like buttcoins

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Dr Cheeto
Mar 2, 2013
Wretched Harp

Fonzarelli posted:

i just don't get how one coin can be worth 600 australian dollars, and that one cent of a bitcoin is worth six dollars

how can you use like, 2/100s of a bitcoin to buy your lunch? How can that possibly work?

Because the number of people using them in actual transactions are vanishingly small and they're primarily used as an investment for idiots or money laundering.

I don't know how much a $12 AUS lunch would cost in bitcoin after the fees but considering how slow the network is to verify you should order early!

Dr Cheeto
Mar 2, 2013
Wretched Harp
It seems like it would be really easy to make up a dumb story about butts saving you when you're stranded in another country without including an anecdote about ejaculating on a teenager.

Dr Cheeto
Mar 2, 2013
Wretched Harp

Buttcon 2016 is gonna be sick, shut your mouth.

Dr Cheeto
Mar 2, 2013
Wretched Harp
:owned:

Dr Cheeto
Mar 2, 2013
Wretched Harp

jre posted:

If ever there was a visual metaphor for bitcoin it's this:

https://www.youtube.com/watch?v=IvUU8joBb1Q

A curiosity that has no real world application

Not a great metaphor.

Art has value.

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Dr Cheeto
Mar 2, 2013
Wretched Harp

Harik posted:

I think the biggest shortcoming of bitcoin is that all the altcoins that followed never really tried to improve on it's mistakes. They're all tweaks of some parameters - use this busywork function that GPUs are bad at, change the transaction rate or per-block payout.

Bitcoin XT was exactly this. Read the article in the OP.

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