bingbong70

16 ms·

91.
by bingbong70 6y ago
>How much does it cost to move 17 tons of gold? What is the risk involved in transfer? How much does it cost to verify 17 tons of gold is not counterfeit? How long would that take? You can comfortably bet your family's life that Bit
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by bingbong70 6y ago
There is the problem of unknown unknowns that makes it hard to define the risk of experimental medical intervention. The risk calculations you are attempting to make have important variables that are undefinable.
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by bingbong70 6y ago
All value is tied to scarcity and gold is less scarce than bitcoin. If we find a million tons of easily mineable gold tomorrow the price will dip below copper's. This can't happen to Bitcoin.
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by bingbong70 6y ago
And according to exoneration data, innocent African American suspects are: - 7 times more likely to be falsely convicted of murder than innocent white suspects. - 3.5 times more likely ... for sexual assaults. 7x & 3.5x are lowballs sin
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by bingbong70 6y ago
P2P loans already exist and are only becoming more competitive as the market grows. This (Bitcoin) will cause a complete disruption of the financial system given enough time.
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by bingbong70 6y ago
My understanding is that bitcoin trading increases when governments ban it...Streisand and a few other effects at work here.
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by bingbong70 6y ago
>And no, it's not normal for adults to be sexually attracted to teens. ~1 million years of human history disagrees with your statement.
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by bingbong70 6y ago
Even worse, an education company built a solution that works for only ~10% of the human population. The customers should get a refund, damages, and throw that software in the trash.
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by bingbong70 6y ago
Wasn't the CIA heavily involved in Tibet too? https://en.m.wikipedia.org/wiki/CIA_Tibetan_program I'm not sure we can use one CIA scam as an excuse to claim another CIA scam is not a scam. The average Chinese
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by bingbong70 6y ago
Are dollars really yours inside the sanction happy dollar system?
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by bingbong70 6y ago
The difference is that the largest trading nation on the planet just created a system for 0 fee transactions that can expand to global usage quite easily (I believe wepay/alipay were mostly intended for domestic use). If a tiny country
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by bingbong70 6y ago
Most of the human population resides in places that don't have harsh winters or winter at all. I have a hard time believing the carnivore diet was required to sustain life anywhere but the northern hemisphere even during the ice ages,
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by bingbong70 6y ago
Even many African countries like Ghana, Cameroon, and Tunisia have a lower murder rate than the US.
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by bingbong70 6y ago
Trump incites hate/violence and I assume the Chinese are the trying to correct the record from your description. I don't see the problem. Side note: I don't trust the WSJ. Ever since Rupert bought it the fake outrage/new
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by bingbong70 6y ago
>As far as the most civil nations/governments of our world are concerned. Most of the world doesn't agree with these so called "civil nations" that have murdered more innocent Muslim civilians than anyone else over th
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by bingbong70 6y ago
>The US dollar is multiple centuries old Fiat currencies aren't backed by commodities... the modern fiat dollars we have used since 1970 are very different from what existed before that point in history. It can be and should be cons
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by bingbong70 6y ago
Bitcoin won't get banned because an increasing number of local governments find it useful. This movement will resemble marijuana legalization if the federal government ignores what the people want. BTW, Texas governor just stated he fu
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by bingbong70 6y ago
>What do you mean by "lossless"? Owning 1000 satoshis/21M BTC is guaranteed to be worth 1000 satoshis/21M BTC 100 years from now, it can not be debased. Every fiat currency (USD, GBP, CAD, AUD, etc..) has a denominato
109.
by bingbong70 6y ago
> waste power > not a battery What's a better way to losslessly and securely store human labor/time for future use? Almost everything else (fiat, gold, silver, real estate, etc...) that exists is debased/debasable, dete
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by bingbong70 6y ago
>The value of bitcoin is driven by speculation, and in turns that increases the incentive for the miners, not the other way around. There's no value created by crunching random SHA-256. So you are saying increasing security, uncount
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by bingbong70 6y ago
Cavemen used very little energy before the discovery of fire. Are you prescribing a return to that state? >>>Response to Dan added here due to rate limit. > waste power Infinite energy in the universe and everything mankind has
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by bingbong70 6y ago
NGU - "Number Go Up" technology is one of Bitcoin's most interesting & unique attributes. Few here understand.
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by bingbong70 6y ago
Whoever sells generators in an outage definitely will accept your bitcoin pre/post conversion.
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by bingbong70 6y ago
Efficient decentralized exchanges are not easy to build but an increasing number exist with the aim of solving the centralization issue (overreaching regulation attempts will push this into hyperdrive). We can't act like a 12 year old
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by bingbong70 6y ago
Saudi style Wahabism takes root, many terrorist attacks take place, and a journalist shows up seeming shocked there is a security presence that is curious about her activities... Is she clueless about the terrorism? It's barely mention
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by bingbong70 6y ago
I can't ascribe specific motives to the actors but it is clear (has been clear for the past century) that large western economies/powers know exactly what they will lose with China rising. >Interesting that UK/US/SA a
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by bingbong70 6y ago
>To address your point - from an tech-outside view, there is definitely something like "Cancel-Culture" I believe this is just called the market. Market participants voluntarily defunding operations that are perceived as harmfu
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by bingbong70 6y ago
Link? I've only seen unsubstantiated nonsense from MSM when it comes to this topic...wild extrapolations that ignore the real terrorism problem in western China. Also I've never seen any evidence of the scale of this operation tha
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by bingbong70 6y ago
Many countries have shown they are stupid/shortsighted enough to do this, history makes this very clear. Study the actions of SAIMR in Africa and their plot to drive Africans to extinction using the AIDS virus and fake vaccines, purely
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by bingbong70 6y ago
I don't think 'cancel culture' exists... the internet exposes users to a tremendous amount of bad faith actors, taking a quick assessment and acting to save your own time is the natural response to the wave of BS.

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