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I'd argue that we should read the White Paper for any of these technologies before investing in them in their infancy :)
by jamespitts 9y ago
I'd argue that we should read the White Paper for any of these technologies before investing in them in their infancy :)
- pfisch 9y agoMaybe. Or a summary from experts. That paper has high level math in it and just isn't going to be comprehended by most people.
- jcoffland 9y agoApparently, you have not read it.
- pfisch 9y ago"To facilitate this without breaking the block's hash, transactions are hashed in a Merkle Tree [7][2][5], with only the root included in the block's hash." - totally approachable to the layman I could go on about the summations and other advanced math symbolics in this paper but you seem very out of touch with the knowledge base of most people so I'm not sure it matters.
- ryanobjc 9y agoIs bitcoin in it's infancy? You have CBOE offering futures on it. The prez of JPMC pro bitcoin. You have so many exchanges. This ain't the era of mtgox, $10m pizzas and running your own full bitcoin node and joining a mining pool. Bitcoin is out of it's infancy.
- justrobert 9y agoBitcoin is far from infancy. The futures are a nice touch, but they are cash settled so they will drift from spot. We still do not have a spot market with swaps from companies you can trust. Due to this, negative exposure is still difficult to replicate, hence why some brokers will not offer short side on the futures.
- FabHK 9y ago> The prez of JPMC pro bitcoin. Jamie Dimon, CEO of JP Morgan, famously called Bitcoin "a fraud" that "won't end well" and is "worse than tulip bulbs." You must be thinking of something/someone else? https://www.bloomberg.com/news/articles/2017-09-12/jpmorgan-s-ceo-says-he-d-fire-traders-who-bet-on-fraud-bitcoin https://www.bloomberg.com/news/articles/2017-09-12/jpmorgan-...