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Bitcoin

kyriakos 6y ago
Did it though? I acknowledge the price is still climbing. Originally we thought it would have replaced credit cards which are a monopoly but it stayed a niche payment method and high risk investment target.
- wespiser_2018 6y ago
  I agree, it's still a niche investment, and after 10 years, I'm not very impressed with what blockchain technology, or the philosophy behind it, has given us. And on the issue of btc price increase: how much of this price inflation is through manipulation?
dmitriid 6y ago
- https://medium.com/@kaistinchcombe/ten-years-in-nobody-has-come-up-with-a-use-case-for-blockchain-ee98c180100 https://medium.com/@kaistinchcombe/ten-years-in-nobody-has-c... and followup - https://medium.com/@kaistinchcombe/decentralized-and-trustless-crypto-paradise-is-actually-a-medieval-hellhole-c1ca122efdec https://medium.com/@kaistinchcombe/decentralized-and-trustle...
- wespiser_2018 6y ago
  There is one sustainable use case for pseudoanonymous distributed ledger currencies, and that's as the de facto currency for illegal online marketplaces! If you're goal is to subvert AML/KYC, you've found what you're looking for, until the authorities find you...
- RhodoYolo 6y ago
  I read both articles but it isn't very convincing. He goes on to point out the 150 different companies and projects that solve the same things as bitcoin/ eth. However, instead of a million different 'endpoints' there's one its self-contained. You have this extremely powerful technology that has the ability to do all of these different things that have taken hundreds of thousands of people 20 years to make. Eth has done that in 7 years with a fraction of the resources. As adoption grows so will the development speed.
elevenoh 6y ago
Until I tried writing bitcoin script. Then I found Ethereum, which lived up to the hype.
- RhodoYolo 6y ago
  Hey - this is the second time i've ran across one of your comments that intrigued me. I'm currently in the process of selling my business and will be focusing full time on ethereum development. I don't know anyone in the space so i'd love to chat and i'd gladly pay you for you time. Email me at Rhoades.lorenzo@gmail.com if you're interested.

Bitcoin

Did it though? I acknowledge the price is still climbing. Originally we thought it would have replaced credit cards which are a monopoly but it stayed a niche payment method and high risk investment target.

wespiser_2018 6y ago
I agree, it's still a niche investment, and after 10 years, I'm not very impressed with what blockchain technology, or the philosophy behind it, has given us. And on the issue of btc price increase: how much of this price inflation is through manipulation?

dmitriid 6y ago

- https://medium.com/@kaistinchcombe/ten-years-in-nobody-has-come-up-with-a-use-case-for-blockchain-ee98c180100 https://medium.com/@kaistinchcombe/ten-years-in-nobody-has-c... and followup - https://medium.com/@kaistinchcombe/decentralized-and-trustless-crypto-paradise-is-actually-a-medieval-hellhole-c1ca122efdec https://medium.com/@kaistinchcombe/decentralized-and-trustle...

wespiser_2018 6y ago
There is one sustainable use case for pseudoanonymous distributed ledger currencies, and that's as the de facto currency for illegal online marketplaces! If you're goal is to subvert AML/KYC, you've found what you're looking for, until the authorities find you...
RhodoYolo 6y ago
I read both articles but it isn't very convincing. He goes on to point out the 150 different companies and projects that solve the same things as bitcoin/ eth. However, instead of a million different 'endpoints' there's one its self-contained. You have this extremely powerful technology that has the ability to do all of these different things that have taken hundreds of thousands of people 20 years to make. Eth has done that in 7 years with a fraction of the resources. As adoption grows so will the development speed.

elevenoh 6y ago

Until I tried writing bitcoin script. Then I found Ethereum, which lived up to the hype.

RhodoYolo 6y ago
Hey - this is the second time i've ran across one of your comments that intrigued me. I'm currently in the process of selling my business and will be focusing full time on ethereum development. I don't know anyone in the space so i'd love to chat and i'd gladly pay you for you time. Email me at Rhoades.lorenzo@gmail.com if you're interested.