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Currencies don't come with a prerequisite of intimate knowledge of industrial jargon that requires use on a daily basis to be proficient enough in to not lose e

by kuhewa 5y ago

Currencies don't come with a prerequisite of intimate knowledge of industrial jargon that requires use on a daily basis to be proficient enough in to not lose everything.

nicbou 5y ago
I've been paying attention to this whole thing for a few years, and I still can't tell how I could send coins to a friend if I had them.
noduerme 5y ago
Also, chemistry sets come with a lot of graphic warnings.
- aniforprez 5y ago
  Do we need a "hot coffee is hot" warning label on every crypto transaction? And yes I'm aware the lady in the case suffered and it's terrible. I'm just being facetious
  - kuhewa 5y ago
    If it is ever going to solve a fraction of the societal ills promised, yeah sounds like it will need that warning.
  - IgorPartola 5y ago
    Oh come on. This is clearly a terrible system design choice and should have never been codified.
capableweb 5y ago
If you're gonna deal directly with the forex industry without any safe-guards there will definitely be a bunch of jargon around, have you ever dealt with the insides of forex trading before? In general, giving someone money does not require intimate knowledge of what's happening behind the scenes, that's true. But the submission is not about a normal transfer, the user is explicitly avoiding the safe-guards in place, and got burned by it. It's no surprise really.
- kuhewa 5y ago
  > have you ever dealt with the insides of forex trading before? Why, is there a way to send currency directly and irrecoverably into a paper shredder on the inside?
  - capableweb 5y ago
    Do you actually understand what happened in this case? No one sent any currencies into a "shredder", so not sure why you're asking this question?
    - hootbootscoot 5y ago
      an immutable black hole might as well be a shredder. the OP in the reddit did precisely that. that money is GONE. locked away forever. it has not been transferred to anyone else.
      - capableweb 5y ago
        Indeed, an "immutable black hole" could be described as a shredder, agree. But that's not what that address is. The semi-official "black hole" address for Ethereum is 0x0000000000000000000000000000000000000000 (https://etherscan.io/address/0x0000000000000000000000000000000000000000 https://etherscan.io/address/0x00000000000000000000000000000...), currently has $29,461,295.02 worth of ETH in it. Any other (valid) address is just another address on the network.
        SantalBlush 5y ago
        "It's not a black hole, because black holes are collapsed stars, which is clearly not what we're talking about." This is basically the style of argumentation being used here. Frequent equivocation over the terms "valid" and "black hole" to avoid addressing anyone's actual point.
        kristjansson 5y ago
        Why do you see a difference between colloquial usage of ‘black hole’ and ‘valid address from which tokens cannot be retrieved’?

by kuhewa 5y ago

Currencies don't come with a prerequisite of intimate knowledge of industrial jargon that requires use on a daily basis to be proficient enough in to not lose everything.

nicbou 5y ago

I've been paying attention to this whole thing for a few years, and I still can't tell how I could send coins to a friend if I had them.

noduerme 5y ago

Also, chemistry sets come with a lot of graphic warnings.

aniforprez 5y ago
Do we need a "hot coffee is hot" warning label on every crypto transaction? And yes I'm aware the lady in the case suffered and it's terrible. I'm just being facetious
- kuhewa 5y ago
  If it is ever going to solve a fraction of the societal ills promised, yeah sounds like it will need that warning.
- IgorPartola 5y ago
  Oh come on. This is clearly a terrible system design choice and should have never been codified.

capableweb 5y ago

If you're gonna deal directly with the forex industry without any safe-guards there will definitely be a bunch of jargon around, have you ever dealt with the insides of forex trading before? In general, giving someone money does not require intimate knowledge of what's happening behind the scenes, that's true. But the submission is not about a normal transfer, the user is explicitly avoiding the safe-guards in place, and got burned by it. It's no surprise really.

kuhewa 5y ago
> have you ever dealt with the insides of forex trading before? Why, is there a way to send currency directly and irrecoverably into a paper shredder on the inside?
- capableweb 5y ago
  Do you actually understand what happened in this case? No one sent any currencies into a "shredder", so not sure why you're asking this question?
  - hootbootscoot 5y ago
    an immutable black hole might as well be a shredder. the OP in the reddit did precisely that. that money is GONE. locked away forever. it has not been transferred to anyone else.
    - capableweb 5y ago
      Indeed, an "immutable black hole" could be described as a shredder, agree. But that's not what that address is. The semi-official "black hole" address for Ethereum is 0x0000000000000000000000000000000000000000 (https://etherscan.io/address/0x0000000000000000000000000000000000000000 https://etherscan.io/address/0x00000000000000000000000000000...), currently has $29,461,295.02 worth of ETH in it. Any other (valid) address is just another address on the network.
      - SantalBlush 5y ago
        "It's not a black hole, because black holes are collapsed stars, which is clearly not what we're talking about." This is basically the style of argumentation being used here. Frequent equivocation over the terms "valid" and "black hole" to avoid addressing anyone's actual point.
      - kristjansson 5y ago
        Why do you see a difference between colloquial usage of ‘black hole’ and ‘valid address from which tokens cannot be retrieved’?