| View previous topic :: View next topic |
| Author |
Message |
BreakinGods
How do I cheat?
 Reputation: 17
Joined: 13 Jan 2013
Posts: 0
|
 Posted: Wed Oct 29, 2014 1:34 pm Post subject: Doing a paper on bitcoins |
 |
|
| Doing a paper on bitcoins, anything interesting you guys have on the topic?
|
|
| Back to top |
|
 |
ControlAltDelete
Friendly Giant
 Reputation: 157
Joined: 03 Mar 2007
Posts: 2396
|
| Posted: Wed Oct 29, 2014 1:41 pm Post subject: |
|
|
its a sham
_________________
| Shrooms wrote: | | but sadly this is 1984 and western civilization the last ones standing at the top of titanic before it sinks...no matter what you do, they know |
|
|
| Back to top |
|
|
Michael
Expert Cheater
![]() Reputation: 15
Joined: 26 May 2008
Posts: 180
|
| Posted: Wed Oct 29, 2014 1:45 pm Post subject: |
|
|
| i've been told its a sham
|
|
| Back to top |
|
|
Channel GannoK
pffrt
 Reputation: 130
Joined: 12 Apr 2008
Posts: 608
|
| Posted: Wed Oct 29, 2014 1:50 pm Post subject: |
|
|
| Adoption of this new technology that is superior(it still has a few downsides, mainly being long verification times, but usually it's fine) to current fiat currency is going to take a while because people don't understand and wish to use the most modern of tools and continue to make progress in digital currency, which would refine it's usability and practical applications in everyday life.
|
|
| Back to top |
|
|
ControlAltDelete
Friendly Giant
Reputation: 157
Joined: 03 Mar 2007
Posts: 2396
|
| Posted: Wed Oct 29, 2014 1:53 pm Post subject: |
|
|
oh and many people try to make money off it and go broke/it never works
thats also something to keep in mind
_________________
| Shrooms wrote: | | but sadly this is 1984 and western civilization the last ones standing at the top of titanic before it sinks...no matter what you do, they know |
|
|
| Back to top |
|
|
BreakinGods
How do I cheat?
Reputation: 17
Joined: 13 Jan 2013
Posts: 0
|
| Posted: Wed Oct 29, 2014 1:56 pm Post subject: |
|
|
Maybe I should change my standpoint? At the moment I'm arguing that they are a great investment, although I knew nothing about them
You know what that sounds like an easier argument actually saying it's a sham lol
|
|
| Back to top |
|
|
Channel GannoK
pffrt
Reputation: 130
Joined: 12 Apr 2008
Posts: 608
|
| Posted: Wed Oct 29, 2014 1:58 pm Post subject: |
|
|
| Tyler doesn't actually know anything about Bitcoin. he probably doesn't even know any of the terminology used in the process of blockchain and transactions.
|
|
| Back to top |
|
|
Michael
Expert Cheater
![]() Reputation: 15
Joined: 26 May 2008
Posts: 180
|
| Posted: Wed Oct 29, 2014 1:59 pm Post subject: |
|
|
| GannoK wrote: | | Adoption of this new technology that is superior(it still has a few downsides, mainly being long verification times, but usually it's fine) to current fiat currency is going to take a while because people don't understand and wish to use the most modern of tools and continue to make progress in digital currency, which would refine it's usability and practical applications in everyday life. |
it's not completely fair to call bitcoin superior to traditional currencies such as the dollar
though theres some huge advantages to a currency without a paper trail, theres huge disadvantages as well. being able to track funds has legitimate uses (ex: paper trail gives evidence against theft/embezzlement)
cyrptocurrencies also have little use in enviornments without technology
|
|
| Back to top |
|
|
Channel GannoK
pffrt
Reputation: 130
Joined: 12 Apr 2008
Posts: 608
|
| Posted: Wed Oct 29, 2014 2:03 pm Post subject: |
|
|
| Michael wrote: | | GannoK wrote: | | Adoption of this new technology that is superior(it still has a few downsides, mainly being long verification times, but usually it's fine) to current fiat currency is going to take a while because people don't understand and wish to use the most modern of tools and continue to make progress in digital currency, which would refine it's usability and practical applications in everyday life. |
it's not completely fair to call bitcoin superior to traditional currencies such as the dollar
though theres some huge advantages to a currency without a paper trail, theres huge disadvantages as well. being able to track funds has legitimate uses (ex: paper trail reduces theft/embezzlement) |
The only way your BTC should leave your possession is because you sent BTC out. if you lose your BTC to some other party, that's because you didn't take the proper steps to protect your money. Simple encryption(which is built in to the BTC client) is enough to keep anyone from accessing your funds. Digital currencies weren't developed for 3rd world countries in Africa.
|
|
| Back to top |
|
|
Michael
Expert Cheater
![]() Reputation: 15
Joined: 26 May 2008
Posts: 180
|
| Posted: Wed Oct 29, 2014 2:17 pm Post subject: |
|
|
| GannoK wrote: | | Michael wrote: | | GannoK wrote: | | Adoption of this new technology that is superior(it still has a few downsides, mainly being long verification times, but usually it's fine) to current fiat currency is going to take a while because people don't understand and wish to use the most modern of tools and continue to make progress in digital currency, which would refine it's usability and practical applications in everyday life. |
it's not completely fair to call bitcoin superior to traditional currencies such as the dollar
though theres some huge advantages to a currency without a paper trail, theres huge disadvantages as well. being able to track funds has legitimate uses (ex: paper trail reduces theft/embezzlement) |
The only way your BTC should leave your possession is because you sent BTC out. if you lose your BTC to some other party, that's because you didn't take the proper steps to protect your money. Simple encryption(which is built in to the BTC client) is enough to keep anyone from accessing your funds. Digital currencies weren't developed for 3rd world countries in Africa. |
so what you're saying is that bitcoin isn't actually superior unless it's used in peer to peer commerce in a first world country
|
|
| Back to top |
|
|
Channel GannoK
pffrt
Reputation: 130
Joined: 12 Apr 2008
Posts: 608
|
| Posted: Wed Oct 29, 2014 2:23 pm Post subject: |
|
|
| Michael wrote: | | GannoK wrote: | | Michael wrote: | | GannoK wrote: | | Adoption of this new technology that is superior(it still has a few downsides, mainly being long verification times, but usually it's fine) to current fiat currency is going to take a while because people don't understand and wish to use the most modern of tools and continue to make progress in digital currency, which would refine it's usability and practical applications in everyday life. |
it's not completely fair to call bitcoin superior to traditional currencies such as the dollar
though theres some huge advantages to a currency without a paper trail, theres huge disadvantages as well. being able to track funds has legitimate uses (ex: paper trail reduces theft/embezzlement) |
The only way your BTC should leave your possession is because you sent BTC out. if you lose your BTC to some other party, that's because you didn't take the proper steps to protect your money. Simple encryption(which is built in to the BTC client) is enough to keep anyone from accessing your funds. Digital currencies weren't developed for 3rd world countries in Africa. |
so what you're saying is that bitcoin isn't actually superior unless it's used in peer to peer commerce in a first world country
awfully limited |
If you don't live in a first world country, you have bigger things to worry about than what type of currency you want to use. Modern inventions and advancements come from and apply to technologically advanced societies(go figure?). If other places can't keep up with the times, that's no excuse to disband and discontinue the use/advancement of technology. It's important to keep things relative to the people capable of making the best of the situation, because tribal people in Africa probably aren't going to want to use currency of any sort from a 1st world society, regardless if we make it accessible to them.
|
|
| Back to top |
|
|
Michael
Expert Cheater
![]() Reputation: 15
Joined: 26 May 2008
Posts: 180
|
| Posted: Wed Oct 29, 2014 2:36 pm Post subject: |
|
|
| GannoK wrote: | | Michael wrote: | | GannoK wrote: | | Michael wrote: | | GannoK wrote: | | Adoption of this new technology that is superior(it still has a few downsides, mainly being long verification times, but usually it's fine) to current fiat currency is going to take a while because people don't understand and wish to use the most modern of tools and continue to make progress in digital currency, which would refine it's usability and practical applications in everyday life. |
it's not completely fair to call bitcoin superior to traditional currencies such as the dollar
though theres some huge advantages to a currency without a paper trail, theres huge disadvantages as well. being able to track funds has legitimate uses (ex: paper trail reduces theft/embezzlement) |
The only way your BTC should leave your possession is because you sent BTC out. if you lose your BTC to some other party, that's because you didn't take the proper steps to protect your money. Simple encryption(which is built in to the BTC client) is enough to keep anyone from accessing your funds. Digital currencies weren't developed for 3rd world countries in Africa. |
so what you're saying is that bitcoin isn't actually superior unless it's used in peer to peer commerce in a first world country
awfully limited |
If you don't live in a first world country, you have bigger things to worry about than what type of currency you want to use. Modern inventions and advancements come from and apply to technologically advanced societies(go figure?). If other places can't keep up with the times, that's no excuse to disband and discontinue the use/advancement of technology. It's important to keep things relative to the people capable of making the best of the situation, because tribal people in Africa probably aren't going to want to use currency of any sort from a 1st world society, regardless if we make it accessible to them. |
so exactly what i said, only superior in peer to peer commerce in a first world country
|
|
| Back to top |
|
|
ControlAltDelete
Friendly Giant
Reputation: 157
Joined: 03 Mar 2007
Posts: 2396
|
| Posted: Wed Oct 29, 2014 2:36 pm Post subject: |
|
|
| GannoK wrote: | | Tyler doesn't actually know anything about Bitcoin. he probably doesn't even know any of the terminology used in the process of blockchain and transactions. |
atleast i dont pretend to know then fail miserably
_________________
| Shrooms wrote: | | but sadly this is 1984 and western civilization the last ones standing at the top of titanic before it sinks...no matter what you do, they know |
|
|
| Back to top |
|
|
Antagonist
Cheater
 Reputation: 29
Joined: 24 Nov 2009
Posts: 48
Location: California
|
| Posted: Wed Oct 29, 2014 2:41 pm Post subject: |
|
|
| BreakinGods wrote: | Maybe I should change my standpoint? At the moment I'm arguing that they are a great investment, although I knew nothing about them
You know what that sounds like an easier argument actually saying it's a sham lol |
change your standpoint to how bitcoin technology and the use of it will benefit in the future. not if its a great investment, just so you could sound hipster and cool to your professor that you know a couple people who invest in bitcoins (and most bitcoin investors are speculators anyways). the worse part is telling someone that something is a great investment when you didn't put your own money in it. that destroys your argument. imagine owning your own chinese food restaurant but you still eat at panda express
_________________
  
| tough guy talix wrote: | | i've had it with your shit. fuck outta here |
|
|
| Back to top |
|
|
potaters
Grandmaster Cheater
![]() Reputation: 72
Joined: 13 Apr 2009
Posts: 969
|
| Posted: Wed Oct 29, 2014 2:45 pm Post subject: |
|
|
| Bitcoin is great for all your illegal transaction needs. Not much use for other stuff.
|
|
| Back to top |
|
|
|
FAQ
Search
Memberlist
Usergroups
Register
Profile
Log in to check your private messages
Log in
