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So in other words you're shitting on Ethereum as a reason to shill your own coin since there'd be no reason for your coin unless you make people believe Ethereu
by hanniabu 6y ago
So in other words you're shitting on Ethereum as a reason to shill your own coin since there'd be no reason for your coin unless you make people believe Ethereum is garbage? Ethereum is moving to proof of stake and there's also L2 networks. There, problem solved.
- EGreg 6y agoYeah, I am saying global blockchains are a first generation technology. Sorry it hurts your feelings. I would like to also “shill” MaidSAFE and Solana: http://maidsafe.net/ http://maidsafe.net/ https://solana.com/ https://solana.com/ If you don’t like ME saying it — here is VITALIK HIMSELF saying it, the guy is quite honest and straightforward about its limitations: https://thenextweb.com/hardfork/2019/08/19/vitalik-buterin-ethereum-blockchain-almost-full-scalability/ https://thenextweb.com/hardfork/2019/08/19/vitalik-buterin-e... Vitalik Buterin: Using Ethereum is expensive, and its blockchain is ‘almost full’ He also said blockchain's 'problem' is that every computer verifies every transaction Actually Ethereum 2.0 should be “fast enough” for many applications. It’s still going to be doing a global consensus, but at least it will be able to handle actual real world usage - people paying for coffee, let’s say, or voting in elections. In fact, a major reason that so many ICOs from 2017 were considered scams is that the tokens could not actually be used for their intended purpose. Teams like Kik Messenger discovered this early on and moved away: https://medium.com/kinblog/kin-pushing-ahead-next-steps-on-the-migration-to-solana-aa412b5adb1d https://medium.com/kinblog/kin-pushing-ahead-next-steps-on-t...
- imtringued 6y agoBig question. Why would I want to pay capital gains taxes on my coffee?
- fidelramos 6y agoI don't think anybody wants to pay capital gains taxes when purchasing things with cryptocurrencies. Fortunately there are countries with a sane tax policy regarding cryptocurrencies where you don't pay taxes on cryptocurrencies, such as Portugal [0]. Maybe Americans should be pressuring their government for changes to the laws so cryptocurrencies can be useful for payments like they were originally intended? [0] https://www.forbes.com/sites/kellyphillipserb/2019/09/19/portugal-tax-authorities-clarify-that-buying-or-selling-cryptocurrency-is-tax-free/ https://www.forbes.com/sites/kellyphillipserb/2019/09/19/por...