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If you understood how money works, then you would not have lectured me about blockchain.
I do not fear of failure. I fear of giving up out of frustration.
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Why do you assume I don't understand how money works? I did Economics at college and have a perfectly sound understanding of how money works.
I don't remember lecturing anyone either. I was giving an explanation of how blockchain works.
"There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies. The first method is far more difficult." - C.A.R. Hoare
Home | LinkedIn | Google+ | Twitter
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I was joking, I should stop joking, yesterday I made a mess with my GF.
Anyway, no I didn't know how block chain works, thanks a lot. The fact is I am not worried about security of money, I am worried about trusting the value of money. Value of money can be inflated artificially.
One final info, I didn't do Economics at college, but I think I will study it anyway..
I do not fear of failure. I fear of giving up out of frustration.
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You are welcome to embrace it because it is new.
Add to your list:
Japanese remote-computer kissing[^], and for the world of tomorrow, remote sex. Both with the look and feel of (what you'll believe to be) the real thing.
As an old fogey, I'll just settle for the flesh & blood type, hope against hope that they, too, don't go the way of the Encyclopedia, Travel-Agent, and each group of Early Adopters.
| Ravings en masse^ |
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| "The difference between genius and stupidity is that genius has its limits." - Albert Einstein | | "If you are searching for perfection in others, then you seek disappointment. If you are seek perfection in yourself, then you will find failure." - Balboos HaGadol Mar 2010 |
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Realizing this should go in "Site Bugs/Suggestins", but I have your attention, here.
It's time CP have its own CryptoCurrency.
1) for status, before "that other site launches one"
2) in place of rep-points (starting fresh, sorry, O.G.).
We can give the a cool name like "NullPointers" or "Bitz".
| Ravings en masse^ |
|---|
| "The difference between genius and stupidity is that genius has its limits." - Albert Einstein | | "If you are searching for perfection in others, then you seek disappointment. If you are seek perfection in yourself, then you will find failure." - Balboos HaGadol Mar 2010 |
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W∴ Balboos wrote: We can give the a cool name like "NullPointers" or "Bitz".
"BobBobs" 
(As in Bob[^] and bob - Wiktionary[^] )
"When you don't know what you're doing it's best to do it quickly" - Jase #DuckDynasty
modified 5-Sep-17 19:56pm.
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I think the survey is missing an option. How about a simple "No"?
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Agree. Or maybe "Don't need it right now".
Either way, it doesn't mean you wouldn't consider it in the future.
If your neighbours don't listen to The Ramones, turn it up real loud so they can.
“We didn't have a positive song until we wrote 'Now I Wanna Sniff Some Glue!'” ― Dee Dee Ramone
"The Democrats want my guns and the Republicans want my porno mags and I ain't giving up either" - Joey Ramone
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... such stuff as dreams are made on
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I think it would have been better if they had asked for systems based on blockchains, or at least not just cryptocurrencies, because looking at the list of products included in the survey that seems to be the intention.
For example, the product Etherum is somewhat more global than a cryptocurrency: it is an environment for implementing smart contracts, and, eventually, one of those smart contracts implemented may be a cryptocurrency system.
Sorry for my bad English
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ISanti wrote: I think it would have been better if they had asked for systems based on blockchains
Also suggested by yours truly was this survey a few weeks ago. Not quite "systems based on blockchains", but revealing non-the-less.
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What I meant was that some products from the current survey are not exactly a cryptocurrency, and therefore appear to be included in the list because they use blockchains.
Ethereum is not a criptocurrency, it is a platform to implement smart contracts. The currency in which the validation nodes are compensated in Ethereum is Ether. In any case, having a Ethereum wallet can mean an Ether Wallet or a Wallet of any other cryptocurrency implemented with Ethereum.
Ripple is not a cryptocurrency either, it's a product to implement financial transactions that can be valued in fiat currencies, commodities, cryptocurrencies, etc.
Well, the survey question can be understood as if we have a wallet of any cryptocurrency implemented with those products. But I wanted to make that point so people don't think Ethereum or Ripple are cryptocurrencies.
Sorry for my bad English
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Anyhow, I am fascinated by this technology and will most likely be getting a "wallet" here soon.
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Looking into it is the best suitable option in this case.
Programming today is a race between software engineers striving to build bigger and better idiot-proof programs, and the Universe trying to produce bigger and better idiots. So far, the Universe is winning
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I'm an idiot. Didn't even see that. 
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It is just my personal opinion but I would avoid cryptocurrencies for a couple of reasons:
1. They're overpriced. While they did gain a lot of value organically early on, today the value is being artificially inflated by investment speculation. Analysis points to a bubble forming.
2. They're still fiat currency and their value will eventually reach zero. Its only saving grace is that the size of the money pool isn't regulated by central banks.
3. They're digital. If you're one to spend real-world money to buy digital items then it will seem natural. I myself would rather invest in something in the real world that cannot be wiped by any number of technical problems and will at least (hopefully) retain its value and appreciate value in the long run.
I won't be buying any but these are my feelings on the subject.
if (Object.DividedByZero == true) { Universe.Implode(); }
Meus ratio ex fortis machina. Simplicitatis de formae ac munus. -Foothill, 2016
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I have not paid for anything over $100 in cash in over 2 years, if not longer. All my investments are digital. There is no gold or paper cash backing anything up. My 401K and IRA is all digital. So when you talk about old fashioned topics, that is kind of in the past, IMHO.
My digital bank account could be hacked and wiped if the bad guys so choose, so could yours. I would actually think that a mature crypto-currency would be safer in the long run, but we shall see.
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You might be right that a mature cryptocurrency would be a safe bet but I would give it a decade or at least until it becomes legal tender and accepted everywhere. It's just not there yet. Currently, it's all so overpriced from speculation that you will lose money when all the investors move on to the next big thing and the value drops precipitously. But, then again, that is just my own speculation as well.
if (Object.DividedByZero == true) { Universe.Implode(); }
Meus ratio ex fortis machina. Simplicitatis de formae ac munus. -Foothill, 2016
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I hear you.
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Okay, let's assume that I have very little faith in the future of my native currency (GBP, 2019, 'nuff said) and that I decide to put all my eggs in the BitCoin basket and hope that said currency will be a going concern for longer than the pound. And let's assume that other people around the world do a similar thing because they don't trust their crappy governments either and that this process happens on a very rapid basis.
Maybe soon, we'll have a world where we'll all still get paid and taxed in pounds, euros, dollars, rubles or whatever but we all buy into pseudo-currencies the minute we get it and lots of legitimate businesses will start taking it and we'll be able to buy everyday stuff along with the cocaine and AK-47s that we'd normally associate with BitCoin. And perhaps, before too long, our employers will be paying us directly in BitCoins and we'll never see a pound note or a dollar bill again. Maybe, at some point, the whole planet is using BitCoin and currency conversion becomes a thing of the past ...
At present, USD is the lingua franca of the currency world - there aren't many places where a dollar bill won't talk but it will talk at very different volumes in different places. Some economies run on cents, some run on astrobucks - buy a bottle of coke in a hundred different countries and chances are, you'll pay a hundred very different prices. Would that be the same with BitCoin or would things reach a flat global rate?
If it's the latter, that's going to be the biggest economic revolution since the first person who pointed at a lump of otherwise useless metal and said "Hey! That's MY shiny thing!"
98.4% of statistics are made up on the spot.
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Casinos are seriously going to love this one currency idea, think of all the FX traders that will have nowhere else to gamble.
PeejayAdams wrote: Would that be the same with BitCoin or would things reach a flat global rate?
Wasn't that supposed to be one of the benefits of the Euro - one currency one price across the entire region and how did that work out.
As noted over 900 of the crypto currencies, what chance is there that they can standardise on one
Never underestimate the power of human stupidity
RAH
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Mycroft Holmes wrote: As noted over 900 of the crypto currencies, what chance is there that they can standardise on one
Obligatory XKCD: xkcd: Standards
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PeejayAdams wrote: Would that be the same with BitCoin or would things reach a flat global rate?
A flat global rate can only be possible if demand and supply are globally the same. Not even a theoretic economy would do that 
PeejayAdams wrote: If it's the latter, that's going to be the biggest economic revolution since the first person who pointed at a lump of otherwise useless metal and said "Hey! That's MY shiny thing!"
With "useless" you mean a chemical inert metal that does not corrode, and that is not rejected by the human body?
Bastard Programmer from Hell 
If you can't read my code, try converting it here[^]
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To be clear. This is a digital currency.
Something the bankers/governments want.
While it offers anonymity, I understand that ONCE you identify someone, you can find their transactions.
In the UK, you can be jailed for encrypting something and refusing to give the password.
So...
This feels like a BetaTest for the Globalists to have one currency, infinitely divisible.
Centrally Taxed.
And living in a Hurricane State. TOTALLY useless without power. Not completely sure how ZERO internet access affects it.
Just a thought...
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What are crypto currencies used for?
Let's enumerate that:
- speculation
- drug trafficking
- computer crime ("ransom ware")
- terrorism
My point: Let's get rid of them as quickly as possible.
Edit:
I see from the comments that hardly anyone got the message.
Of course, everything can be used for crime, hence that possibility must not be a reason to try to get rid off that item.
I emphasize the fact that the use for criminal purposes by far outnumbers the use for common business - and that's a reason to get rid off cryptocurrencies.
Think of those hackers behind ransom ware: how hard was their business without cryptocurrencies? Of course, it was possible, but can you see the difference?
modified 5-Sep-17 3:17am.
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