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Crow Jane posted:I think I've mentioned it before, but there's a minimart in my neighborhood with a Bitcoin atm. Dude who runs the place is a little odd, I imagine he's probably the only one who ever uses it someone put a bitcoin atm in the neighborhood bodega and there's a big sign on in that says "DO NOT ASK THE EMPLOYEES OF THIS STORE HOW THE BITCOIN MACHINE WORKS THEY DONT KNOW AND ARE TIRED OF SAYING THAT" which bodes well for bitcoin adoption in this area
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Dec 7, 2017 19:25
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axeil posted:What about for internal-facing only databases? It is the latest buzz word which is why clients bring it up. It's really annoying. Even more so when your management grabs on to the buzz and attempts to shoehorn some type of block chain madness to the tiniest projects even when the client doesn't know and/or care about blockchain.
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Dec 7, 2017 19:26
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We're about to turn the utter chaos of next year's election up to 11.
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Dec 7, 2017 19:26
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Aramis posted:In a saner world, the republicans would just accuse the democrats of being crass by delaying Franken stepping down to the point in time where organized grandstanding would have a bigger political impact, yet here we are. They're too busy tripping over themselves trying to justify not following suit with Moore, among others. This point will occur to them eventually.
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Dec 7, 2017 19:26
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Unfortunately all 20-30 are male Democrat Senators and that's why they didn't speak up about Franken. Constitutional amendment to make Roy Moore King of America incoming. Wrap it up Obamailures.
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Dec 7, 2017 19:28
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Also remember that Bitcoins have zero actual value. People are buying the idea of currency with nothing to back it up or give it value. It is, in the most pure form, a speculation bubble.
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Dec 7, 2017 19:28
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axeil posted:What about for internal-facing only databases? If it's an internal-facing only database, then you bought some amount of mining power. All anyone has to do is buy more to go back "in time" and rewrite the entire thing. Good cryptography relies on it costing milliseconds of computing time to encrypt/verify, billions of years to brute force. A blockchain does neither. Now, what you can do is a merkle tree: hashing the database at specific points and saving the hashes somewhere else. But that's not a blockchain, and it just means you need to keep those hashes from being tampered with as well. Blockchains use various bits of useful technology but they're garbage as put together. The correct answer is what everyone else does: just use the correct solution for the job and suggest that it has some vague reference to blockchain technology to satiate whoever heard of that buzzword. git is the usual way to go since it's a useful implementation of merkle trees, which is what people most often think "blockchain tech" is who understand anything at all about it evilweasel fucked around with this message at 19:31 on Dec 7, 2017 |
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Dec 7, 2017 19:29
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So it sounds like Frankens speech was pretty bad and he didn't recognize he did this thing and didn't apologize. Weak.
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Dec 7, 2017 19:31
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aware of dog posted:When I checked yesterday it was around 150 gigs. And yes you need it, unless you use an online wallet, which kind of defeats the purpose of the blockchain being decentralized in the first place That's...hilarious. So if you don't have a computer with enough storage, you can't use Bitcoin at all? If you just have a smartphone, no Bitcoin for you?
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Dec 7, 2017 19:31
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Even with a blue wave, we are not going to retake the house. Don't get me wrong, I'm not saying those people shouldn't resign. But what's absolutely going to happen is, the Democrats on that list will face significantly more pressure to resign than the Republicans, and if they don't, that will be used against them in 2018.
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Dec 7, 2017 19:31
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Grapplejack posted:Also remember that Bitcoins have zero actual value. People are buying the idea of currency with nothing to back it up or give it value. It is, in the most pure form, a speculation bubble. Same argument could be made about paper currency.
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Dec 7, 2017 19:31
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Vladimir Putin posted:Same argument could be made about paper currency. even if you conduct your economic activity entirely in pogs, the united states government taxes you on the dollar value of your earnings and requires you to pay, in dollars, and will lock you up if you don't this is the most reductive form of "why dollars have value" and what a government backing the currency means also, if you break a contract or owe a debt and default on it, the government will determine a dollar value to compensate the other party and require you to pay them in dollars and require them to accept dollars, even if your contract was denominated in pogs
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Dec 7, 2017 19:32
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my bony fealty posted:That's...hilarious. So if you don't have a computer with enough storage, you can't use Bitcoin at all? If you just have a smartphone, no Bitcoin for you? you're not doing any mining on a phone but you can throw all the money you want at an exchange (which will rob you) creating new bitcoins is independent from trading already existing coins Vladimir Putin posted:Same argument could be made about paper currency. not really, people dont speculate on the value of dollars because dollars are regulated by an authority interested in stabilizing the economy. bitcoins are barely regulated by a bunch of people basically playing hungry hungry hippos with stupid people's "investment" dollars
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Dec 7, 2017 19:32
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Grapplejack posted:Also remember that Bitcoins have zero actual value. People are buying the idea of currency with nothing to back it up or give it value. It is, in the most pure form, a speculation bubble. I've given the requisite soapbox speeches about bubbles and bag holding and intrinsic value. He's at least only into it for speculation and not some libertarian ideology, and is only putting in an amount that he is okay with losing completely. But still watching him muse over buying when the price is in the stratosphere makes my investor reflexes convulse in pain.
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Dec 7, 2017 19:33
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Soooooo if only democrats resign after being exposed that is going to be an issue.
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Dec 7, 2017 19:34
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A co-worker of mine floated a conspiracy theory by me the other day that while most likely untrue (and I'm not familiar enough with the technology to say for sure) is still somewhat intriguing to think about. Basically he said that the mathematical equations that "mine" bitcoin could really be a secret crowd sourced effort to decrypt the encryption algorithm used by global banking systems. (Like SSL key sharing algorithms or something). His theory is a government like Russia or China came up with this "bitcoin", funded it in the beginning and put it out there with the fake cover of a "crypto currency". People fell for it Hook line and sinker and all the mining they are doing is slowly but surely cracking the encryption algorithms. I mean yeah it sounds like total nonsense but it does make you think a little bit. Especially considering the true origin of who created Bitcoin is very much in dispute.
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Dec 7, 2017 19:35
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evilweasel posted:even if you conduct your economic activity entirely in pogs, the united states government taxes you on the dollar value of your earnings and requires you to pay, in dollars, and will lock you up if you don't This is true. Nice argument.
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Dec 7, 2017 19:35
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boner confessor posted:not really, people dont speculate on the value of dollars because dollars are regulated by an authority interested in stabilizing the economy. bitcoins are barely regulated by a bunch of people basically playing hungry hungry hippos with stupid people's "investment" dollars As much as Vlad is wrong, this is a pretty weak argument. A ton of people actively speculate on the value of government-backed fiat currency, it's just that it tends to not lead to a speculatory bubble because it's not the primary usage of the currency.
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Dec 7, 2017 19:36
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Charliegrs posted:I mean yeah it sounds like total nonsense but it does make you think a little bit. Especially considering the true origin of who created Bitcoin is very much in dispute. bitcoin was created as a goofy thought experiment by a nameless crypto nerd and it was jumped on by successive waves of hype men and scammers until the point that it's a small but well discussed novelty in the global economy hanlons razor here points towards the human tendency to be greedy, lazy, and short sighted for bitcoin's "success"
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Dec 7, 2017 19:36
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So they waited for Franken to announce his resignation before exposing the rest? They must love chaos.
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Dec 7, 2017 19:36
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my bony fealty posted:That's...hilarious. So if you don't have a computer with enough storage, you can't use Bitcoin at all? If you just have a smartphone, no Bitcoin for you? Supposedly there are ways to make transactions without the whole blockchain, something called the Lightning Network is being talked about as a solution to bitcoin's scalability problem, but idk much about it.
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Dec 7, 2017 19:37
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evilweasel posted:even if you conduct your economic activity entirely in pogs, the united states government taxes you on the dollar value of your earnings and requires you to pay, in dollars, and will lock you up if you don't Um, I can only pay you in slammers, is that ok
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Dec 7, 2017 19:37
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aware of dog posted:Supposedly there are ways to make transactions without the whole blockchain, you just use an exchange as a middleman and let them deal with the headache historically, these exchanges get "hacked" in the middle of the night and all the money disappears
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Dec 7, 2017 19:38
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Aramis posted:As much as Vlad is wrong, this is a pretty weak argument. A ton of people actively speculate on the value of government-backed fiat currency, it's just that it tends to not lead to a speculatory bubble because it's not the primary usage of the currency. Sovereign currencies can enter bubbles. Export countries are especially aware of this and will start to devalue by issuing more currency lest their economies get hurt.
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Dec 7, 2017 19:39
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Charliegrs posted:A co-worker of mine floated a conspiracy theory by me the other day that while most likely untrue (and I'm not familiar enough with the technology to say for sure) is still somewhat intriguing to think about. This is movie hacker logic at best. Finding a flaw in SSL means a handful of expert humans analyzing code or mathematics, not brute force computation. Cracking a key used by a financial organization will just cause a brief period of scrambling while the key is changed and then everything is secure again. aware of dog posted:Supposedly there are ways to make transactions without the whole blockchain, something called the Lightning Network is being talked about as a solution to bitcoin's scalability problem, but idk much about it. No one has any specifics on what the lightning network is and how it's supposed to work.
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Dec 7, 2017 19:39
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mcmagic posted:Soooooo if only democrats resign after being exposed that is going to be an issue. You can't have it both ways. You can either be moral or immoral.
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Dec 7, 2017 19:39
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my bony fealty posted:That's...hilarious. So if you don't have a computer with enough storage, you can't use Bitcoin at all? If you just have a smartphone, no Bitcoin for you? And if I remember correctly the system can only handle around five transactions per second which is awesome for universal adoption.
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Dec 7, 2017 19:39
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Charliegrs posted:I mean yeah it sounds like total nonsense but it does make you think a little bit. Especially considering the true origin of who created Bitcoin is very much in dispute. The with basically everything about this is that hundreds and thousands of extremely math-brained people have been poking Bitcoin for years now. AFAIK (I am not a math-brain) the inner workings have been subjected to tons of scrutiny. I could be wrong and peer review is way shittier than we want it to be but if it was something that specific I think we'd have figured it out by now.
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Dec 7, 2017 19:41
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Charliegrs posted:A co-worker of mine floated a conspiracy theory by me the other day that while most likely untrue (and I'm not familiar enough with the technology to say for sure) is still somewhat intriguing to think about. Your friend doesn't have the faintest idea of how crypto even begins to work and you can safely ignore him / call him a moron.
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Dec 7, 2017 19:41
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ThisIsWhyTrumpWon posted:You can't have it both ways. You can either be moral or immoral. If the Gov of Minnesota was a republican should Franken have still resigned?
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Dec 7, 2017 19:42
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DreamShipWrecked posted:And if I remember correctly the system can only handle around five transactions per second which is awesome for universal adoption.
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Dec 7, 2017 19:42
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haveblue posted:No one has any specifics on what the lightning network is and how it's supposed to work. actually they made an alpha version and somehow it is even less scaleable than the bitcoin network they have quickly memory-holed it so that they can continue to just blather on about whats on the wiki
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Dec 7, 2017 19:43
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ThisIsWhyTrumpWon posted:You can't have it both ways. You can either be moral or immoral. Please don't jump to the assumption that people discussing this issue are implying that congresspeople credibly accused of sexual assault shouldn't step down. It's absolutely a problem that Democrats are willing to step down for it and Republicans aren't, and it's going to cripple progressive causes, and it needs to be talked about. Again, that doesn't mean people shouldn't step down.
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Dec 7, 2017 19:43
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Rex-Goliath posted:Your friend doesn't have the faintest idea of how crypto even begins to work and you can safely ignore him / call him a moron. Crypto gets his powers from the sun and uses them to fly, run at super speeds, and do heat vision like his owner, Superman.
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Dec 7, 2017 19:43
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I admit I kind of wish I'd bought a bitcoin way back in the day, because I'd go ahead and cash out now. Except no, I wouldn't cash out, because lol how do you convert buttcoins into real useful money?
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Dec 7, 2017 19:43
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haveblue posted:No one has any specifics on what the lightning network is and how it's supposed to work. Lol "No guys bitcoin can totally be a functional currency! We just have to make a thing that solves all of bitcoin's problems!" "Okay, how is it going to do that?" "Idk, I'm just the idea guy. I made a wiki though!"
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Dec 7, 2017 19:44
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We need to stop attacking Trump's health https://twitter.com/dcexaminer/status/938751464016670720?s=17
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Dec 7, 2017 19:45
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The fact that this thread has a bitcoin derail is a pretty good sign it's time to sell.
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Dec 7, 2017 19:45
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Mister Adequate posted:I admit I kind of wish I'd bought a bitcoin way back in the day, because I'd go ahead and cash out now. You could spend them at this one little computer repair shop/hoarder's den in my area, according to a decal on the door. I would probably check everything you bought from there for roach eggs regardless of whether you're paying with Bitcoins or actual money.
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Dec 7, 2017 19:46
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Mister Adequate posted:I admit I kind of wish I'd bought a bitcoin way back in the day, because I'd go ahead and cash out now. Was there any actual veracity to the rumor that the largest source of real revenue for bitcoin was money laundering by organized crime? It's the kind of story I could totally believe, but at the same time totally couldn't, if you know what I mean.
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Dec 7, 2017 19:47
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