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Mercury_Storm posted:you then have to convince everyone to use it, just like any other would-be "currency".
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Jan 18, 2016 09:41
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to be fair plenty of protocols are cooler for being decentralized. bitcoin sucks though.
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Jan 20, 2016 03:19
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in the alternate universe where the bitcoin became mainstream buttcoiners would still call it a failure because of the regulatory compliance that would entail
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Jan 20, 2016 07:39
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what are the odds that shaver guy has even $1m with which to pay the fines?
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Jan 21, 2016 02:26
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Powered Descent posted:http://bitsim.beepboopbitcoin.com/ sorry, the only thing dumber than this "game" is bitcoin itself
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Jan 21, 2016 18:04
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Concerned Citizen posted:actually it's good/funny it should have ended with your house burning down, the text adventure part is dumb. maybe i'm just mad because i got stuck at the tax collector
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Jan 22, 2016 01:48
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Tenzarin posted:Bitcoin doesn't use a distributed database though. Everyone has to download the entire loving database which a distributed system does not do. it's an append-only database and you only need to download the whole thing if you want to verify it. the "trust" (ability to verify the proof of work) is what's distributed
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Jan 24, 2016 00:22
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i remember playing butt, butt, statists! in kindergarten. good times.
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Jan 25, 2016 23:44
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LGD posted:I am absolutely positive I could use electricity to make waste heat either more or less efficiently (depending on your preference) for a far lower cost without bitcoin than with you're not already?
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Jan 30, 2016 01:40
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Hillary Clintons Thong posted:I swear to god I read every BitCoin thead that I see on the forums, and I still just don't even understand how it's supposed to make more sense as a currency than literally almost anything. things causing people to like bitcoin: - being a poor gamer / computer janitor who lives life on the internet and thinks it is their area of expertise - hatred of governments and wishful thinking that crypto currency will let you ignore laws and/or give them the ideological finger - stolen bitcoins can be turned into actual currency, sorta - some combination of the above things causing bitcoin to not be a currency: - more than 99% of people will think you are weird if you even talk about bitcoins
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Feb 27, 2016 05:57
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Fangz posted:This is somehow not satire. this is seriously pro-click 
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Mar 17, 2016 01:04
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Blanketspace posted:I asked a friend of mine what he was doing with his time (he dropped out of college after his freshman year) and he explained to me that he spent most of his time working. "Working" means "designing an automated bitcoin trading system based on machine learning". Is this as absurd a fantasy as it seems? the design work is easy: previous bitcoin prices -> machine learning! -> future bitcoin prices where he'll fail is the implementation
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Mar 17, 2016 03:08
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a friend and i used to run a hacked TFC server where we could cheat and gently caress with people, and as TFC became less popular (perhaps due to such activities) we rigged things so that it looked like people were playing on our server when in fact we were just luring cattle to slaughter it appears bitcoin works much the same way
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Mar 23, 2016 07:18
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QuarkJets posted:That idea being Merkle trees what the technocats always fail to grasp is that it is a feature, not a bug, that human institutions like banks and governments are messy analog systems that rely on humans doing things like trusting each other and understanding the intent behind language banks don't want automated distributed ledgers where transactions are irreversible, because it doesn't solve any problems they actually have
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Mar 30, 2016 23:08
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we hold these truths to be self-evident, that society will be badass once we eliminate trust and consensus between people as the basis for all human activity and replace it with an implementation of a data structure why has no one thought of this before e: remove extra words Novo fucked around with this message at 23:35 on Apr 25, 2016 |
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Apr 25, 2016 23:15
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