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Elon is still promoting Dogecoin which is also proof of work. Lots of people will be harmed when it crashes. Nearly all cryptocurrencies crash 85% every once in

Elon is still promoting Dogecoin which is also proof of work. Lots of people will be harmed when it crashes. Nearly all cryptocurrencies crash 85% every once in a while.

DonHopkins 5y ago
Humor: So I'm sure your explanation of why somebody hasn't already successfully implemented practical proof of stake before is totally credible and unbiased! ;) Not Humor: If somebody will work on it for free, do you promise to pay them in your own cryptocurrency? "Will work for stake!"
- RichardHeart 5y ago
  You don't have to destroy the environment to maintain a database. There's other ways to achieve censorship resistance than waste. Blockchains are are all social consensus anyway.
  - DonHopkins 5y ago
    "Do you want to develop my new cryptocurrency?" is the new "Do you want to develop an app?" https://www.youtube.com/watch?v=jVy0JWX5XEY&ab_channel=AdultSwim https://www.youtube.com/watch?v=jVy0JWX5XEY&ab_channel=Adult... Edit: [You spoiled the joke by retroactively editing your post and removing your amusing disclaimer that you had a financial stake in shilling POS, and your hilarious call for programmers to help you develop your new cryptocurrency! "Dodge, dodge." That's what makes you so funny! The "Glooty" character parody is spot on.]
    - RichardHeart 5y ago
      I see your joke and raise you one joke https://paywithexposure.com/ https://paywithexposure.com/ Also, you should actually watch the interview on the page you just linked. It's amazing.
      - DonHopkins 5y ago
        Not a joke: Confronting Richard Heart of HEX - SPAM KING and Crypto Scammer https://www.cointelligence.com/content/confronting-richard-heart-of-hex-spam-king-and-crypto-scammer/ https://www.cointelligence.com/content/confronting-richard-h... So will you again confirm what the article claims you already confirmed? >Richard Heart was sued for spamming in 2002 under WA state law. Source: https://www.zdnet.com/article/peacefire-org-beats-spammers-in-court/ https://www.zdnet.com/article/peacefire-org-beats-spammers-i... >During the interview at ANON, Richard confirmed that he was one of the first people in the world to be sued for online spam, back in 2002. This shows us Richard has experience abusing unregulated markets, as he is doing with crypto these days. Is this an accurate quote of your own words? >When I pressed the matter and asked for a simple “yes” or “no” as to whether he, as the FOUNDER of HEX, knows who benefits from the funds sent to the “Origin Address” he flat-out said “I’m dodging your question.” Dodging the question! He proceeds to repeat “Dodge, dodge.”
- vgatherps 5y ago
  People have successfully implemented proof of stake cryptos. Solana, cardano, avax,algorand just to name a few are all faster and cheaper than BTC or ETH (some vastly so), and don’t have the horrifying resource usage that comes with proof of work. As far as I can tell, the fact that bitcoin/eth weren’t phased out for better alternatives tells me that: * a significant usage of crypto is pure speculation/investment * peoples identity gets tied to particular coins * people care more about existing network than usability (eth vs solana, for example) I have respect for the people in this space who are trying to do meaningfully new or interesting things, although its overshadowed by the wealth of blatant Ponzi schemes, memecoins, or copycats/scams just trying to make a quick buck.
DonHopkins 5y ago
Is your real name "Richard J Schueler", and is this true? https://www.reddit.com/r/CryptoCurrency/comments/kwhjxa/why_hex_is_a_ponzi_and_not_a_solid_investment/ https://www.reddit.com/r/CryptoCurrency/comments/kwhjxa/why_... >Why HEX is a Ponzi and not a solid investment (Part 2): Richard Heart >Legal and questionable events from Richard J Schueler: >2002: Sued and won by Peacefire.org for violating Washingtons anti-spam laws, he was known at that time as the 'spam king' and made a lot of money off it - source. The Methuselah Foundation, for which Heart volunteered at that time, was committed to extending the human lifespan and “making 90 the new 50”. >Questionable events in Panama: Several of Heart’s alleged aliases (James Hart, J. Richard, Richard Schueler) were named in connection with a Panamanian criminal network. Heart, called "CharityLover' at that time supposed cohorts included robbers, blackmailers and corrupt lawyers and judges, according to posts stemming from the now defunct Panama-Guide website . Miguel Antonio Bernal (Panama lawyer) described the process by which American criminals flooded Panama to “rob, cheat and blackmail local businessmen using Panama’s weak legal system'' in the linked post under ''Panama". You're the same "Richard Heart" who won the "Golden Pump Award" for "Best New Scam" for "HEX", correct? https://twitter.com/JuanSGalt/status/1233242355995750400 https://twitter.com/JuanSGalt/status/1233242355995750400 https://www.youtube.com/watch?time_continue=857&v=tf-lJu5iDh8&feature=emb_logo&ab_channel=WorldCryptoNetwork https://www.youtube.com/watch?time_continue=857&v=tf-lJu5iDh...

Elon is still promoting Dogecoin which is also proof of work. Lots of people will be harmed when it crashes. Nearly all cryptocurrencies crash 85% every once in a while.

DonHopkins 5y ago

Humor: So I'm sure your explanation of why somebody hasn't already successfully implemented practical proof of stake before is totally credible and unbiased! ;) Not Humor: If somebody will work on it for free, do you promise to pay them in your own cryptocurrency? "Will work for stake!"

RichardHeart 5y ago
You don't have to destroy the environment to maintain a database. There's other ways to achieve censorship resistance than waste. Blockchains are are all social consensus anyway.
- DonHopkins 5y ago
  "Do you want to develop my new cryptocurrency?" is the new "Do you want to develop an app?" https://www.youtube.com/watch?v=jVy0JWX5XEY&ab_channel=AdultSwim https://www.youtube.com/watch?v=jVy0JWX5XEY&ab_channel=Adult... Edit: [You spoiled the joke by retroactively editing your post and removing your amusing disclaimer that you had a financial stake in shilling POS, and your hilarious call for programmers to help you develop your new cryptocurrency! "Dodge, dodge." That's what makes you so funny! The "Glooty" character parody is spot on.]
  - RichardHeart 5y ago
    I see your joke and raise you one joke https://paywithexposure.com/ https://paywithexposure.com/ Also, you should actually watch the interview on the page you just linked. It's amazing.
    - DonHopkins 5y ago
      Not a joke: Confronting Richard Heart of HEX - SPAM KING and Crypto Scammer https://www.cointelligence.com/content/confronting-richard-heart-of-hex-spam-king-and-crypto-scammer/ https://www.cointelligence.com/content/confronting-richard-h... So will you again confirm what the article claims you already confirmed? >Richard Heart was sued for spamming in 2002 under WA state law. Source: https://www.zdnet.com/article/peacefire-org-beats-spammers-in-court/ https://www.zdnet.com/article/peacefire-org-beats-spammers-i... >During the interview at ANON, Richard confirmed that he was one of the first people in the world to be sued for online spam, back in 2002. This shows us Richard has experience abusing unregulated markets, as he is doing with crypto these days. Is this an accurate quote of your own words? >When I pressed the matter and asked for a simple “yes” or “no” as to whether he, as the FOUNDER of HEX, knows who benefits from the funds sent to the “Origin Address” he flat-out said “I’m dodging your question.” Dodging the question! He proceeds to repeat “Dodge, dodge.”
vgatherps 5y ago
People have successfully implemented proof of stake cryptos. Solana, cardano, avax,algorand just to name a few are all faster and cheaper than BTC or ETH (some vastly so), and don’t have the horrifying resource usage that comes with proof of work. As far as I can tell, the fact that bitcoin/eth weren’t phased out for better alternatives tells me that: * a significant usage of crypto is pure speculation/investment * peoples identity gets tied to particular coins * people care more about existing network than usability (eth vs solana, for example) I have respect for the people in this space who are trying to do meaningfully new or interesting things, although its overshadowed by the wealth of blatant Ponzi schemes, memecoins, or copycats/scams just trying to make a quick buck.

DonHopkins 5y ago

Is your real name "Richard J Schueler", and is this true? https://www.reddit.com/r/CryptoCurrency/comments/kwhjxa/why_hex_is_a_ponzi_and_not_a_solid_investment/ https://www.reddit.com/r/CryptoCurrency/comments/kwhjxa/why_... >Why HEX is a Ponzi and not a solid investment (Part 2): Richard Heart >Legal and questionable events from Richard J Schueler: >2002: Sued and won by Peacefire.org for violating Washingtons anti-spam laws, he was known at that time as the 'spam king' and made a lot of money off it - source. The Methuselah Foundation, for which Heart volunteered at that time, was committed to extending the human lifespan and “making 90 the new 50”. >Questionable events in Panama: Several of Heart’s alleged aliases (James Hart, J. Richard, Richard Schueler) were named in connection with a Panamanian criminal network. Heart, called "CharityLover' at that time supposed cohorts included robbers, blackmailers and corrupt lawyers and judges, according to posts stemming from the now defunct Panama-Guide website . Miguel Antonio Bernal (Panama lawyer) described the process by which American criminals flooded Panama to “rob, cheat and blackmail local businessmen using Panama’s weak legal system'' in the linked post under ''Panama". You're the same "Richard Heart" who won the "Golden Pump Award" for "Best New Scam" for "HEX", correct? https://twitter.com/JuanSGalt/status/1233242355995750400 https://twitter.com/JuanSGalt/status/1233242355995750400 https://www.youtube.com/watch?time_continue=857&v=tf-lJu5iDh8&feature=emb_logo&ab_channel=WorldCryptoNetwork https://www.youtube.com/watch?time_continue=857&v=tf-lJu5iDh...