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because it's worthless. next question?
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Feb 22, 2019 06:57
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diydude2New User • 6 points • submitted 1 day ago In the not-too-distant future, You'll use Litecoin to buy your BMW and Bitcoin to buy your Lambo or house. Nobody will want to spend Bitcoin because it will be so rare and valuable. You also might not want to disclose that you have any by spending it. Litecoin will be instantly exchangeable for Bitcoin (and vice versa) over LN so you'll be able to spend that without anyone knowing that you have Bitcoin. Charlie's vision was a good one, and I think it's essentially the way things will play out. Bitcoin will be used for large (very large) transactions and wealth preservation. Litecoin will be used for everyday purchases. TL;DR -- the main advantage of Litecoin over other alts is that it was designed from the outset to work with Bitcoin, not to be "the new Bitcoin" or "better than Bitcoin" or whatever outlandish claims every new shitcoin makes.
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Feb 22, 2019 07:02
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...! posted:diydude2New User • 6 points • submitted 1 day ago bitcoin is exempt from gresham's law because ............ reasons.
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Feb 22, 2019 07:05
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100% of death cultists would, if given a large amount of money, invest in the death cult death cultists confused why non death cultists with large amounts of money do not invest in the death cult
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Feb 22, 2019 07:14
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yeah like you've never invested in a death cult
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Feb 22, 2019 07:19
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i have not!
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Feb 22, 2019 07:29
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Boxturret posted:i have not! except that one time i was paid handsomely in corpses does bitcoin work that way?
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Feb 22, 2019 07:43
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Jonny Nox posted:Clipping was a middle ages trick, very much NOT carried out by governments. it's somewhat hilarious that they pinpoint coin shavings as the turning point for an empire that had basically been collapsing since a jew double-spent fish.
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Feb 22, 2019 08:14
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Ghostlight posted:yeah the coin i most associate with the romans is the sesterce, which is much more appropriate as an analogue to bitcions because - as wikipedia will tell you - its name derives from the fact that it is worth two and a half buttcoins. i follow a bunch of actual coiners on twitter (i.e. people who love coinage) which has taught me only this -- the sesterce was a replacement for earlier coinage as with all roman coins, before and after, the sesterce was an attempt to re-balance the problem of multiple coined metals and restore faith in the currency i can't remember the name of the pre-republican coin the sesterce replaced but ... it was a thing.
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Feb 22, 2019 08:17
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Boxturret posted:i have not! 
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Feb 22, 2019 08:18
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oh no
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Feb 22, 2019 08:22
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the sesterces replaced the bronze asses i am not even joking here actually, it depends on when in rome’s history you mean, because there were different coins called sesterces you might mean the uncia i mostly wanted to write “bronze asses” because buttcoin, so i guess i was joking, but in a thoroughly unfunny way AlbieQuirky fucked around with this message at 09:47 on Feb 22, 2019 |
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Feb 22, 2019 09:37
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Ghostlight posted:have you ever had a dream that, that, um, that you had, uh, that you had to, you could, you do, you wi-, you wou-, you could do so, you do you could, you want, you wanted bitcoin to do you so much you could do anything? does anyone smell burning toast?
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Feb 22, 2019 12:22
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Boxturret posted:i have not! 
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Feb 22, 2019 13:37
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AlbieQuirky posted:joking, but in a thoroughly unfunny way stop biting me
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Feb 22, 2019 14:09
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It just hit me. And sent shivers and goosebumps down my spine for a good 20 seconds. (self.Bitcoin) submitted 5 hours ago by H1gH_EnD The creation of bitcoin is an enormous historical event! The impact bitcoin will have not only on the financial world but the distribution of power and therefore the course of governments, politics and the earth in general is so huge that it might change everything starting with its creation. Who knows. Maybe future history "books" will cite the one or the other reddit post as sources. The change is coming and everybody on here is part of it. This is my biggest motivation to be here. flowbrother [score hidden] 3 hours ago Yeah, I remember. It does hit you. Your brain shifts gears, everything looks and feels different, reality is heightened. It happened to me too. I got in because my landlord and grand daughter conspired to make me pay my rent in BTC. I obliged as I could think of no excuse to resist them besides being too lazy to learn something new. Slowly, after my first few payments, when I kept seeing the dollar value of the btc in the wallet changing, i started to become interested. I watched all of AA talks and started to read. Then suddenly one day, it hit me. I realized that Bitcoin is the first real tool humanity has ever had to get out from under the bankster yoke we've been harnessed by for millennia. The idea of trustlessness was firmly gelled in my brain. Everywhere I looked, everything was different. I felt like i was slipped back to now from a future reality, but had that future's perspective. The clunkiness and fog of the standard world view was gone and I could see that all of my friends were still in it. I had updated my OS and I was on fire. I lost a lot of sleep in those days. When your mind makes this paradigm shift, it really shifts. I never ask for permission for anything anymore. Welcome through, keep up the good work. JBW_70 10 points 4 hours ago "Who knows. Maybe future history "books" will cite the one or the other reddit post as sources." I sure hope not. 90% of the post's here on reddit makes us all look like idiot's and retarded without having a clue how things work around us. Tiny_Frog [score hidden] an hour ago I agree with you! IMHO the crypto change is en par with the internet-change. Sadly the internet protocol missed out the privacy aspect - something bad companies and governments exploit. Look at 1984:ish China... The bad control-aspects-from-internet-usage will be helped by decentralised and private cryptos. People who think otherwise do not understand how decentralised crypto will change the world. The biggest change will come to payment-servcies (a part of many banks) and central banks (who cannot control it). The best change will be when politicians are forced to understand they cannot continue pushing the debt mountain to future generations - but that will take a few countries going bankrupt before the morons understand. Crypto will also change so that a parent can actually save something for their children, the middle class can save for a car/apartment/house - without the value being destroyed by the annual inflation.
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Feb 22, 2019 14:09
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of course i'm pretty sure that getting goosebumps on your spine is a legit medical emergency so that might be the final ramblings of a dying man 
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Feb 22, 2019 14:11
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...! posted:of course i'm pretty sure that getting goosebumps on your spine is a legit medical emergency so that might be the final ramblings of a dying man Autosensory Bitcoin Response
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Feb 22, 2019 14:12
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...! posted:it doesn't say that it says something even better: the decentralized future where nobody needs to rely on a single corporation or government to transfer funds will feature a company asking the community to "give our servers a break"
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Feb 22, 2019 15:09
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...! posted:suender90 1 point 12 hours ago Because they can make real money. Why would they waste valuable time and energy to make Chuck E. Cheese tickets?
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Feb 22, 2019 16:13
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...! posted:Litecoin will be instantly exchangeable for Bitcoin (and vice versa) over LN so you'll be able to spend that without anyone knowing that you have Bitcoin. unless it's somehow massively changed, that's not how the lightning network works or what it's supposed to do or... anything ... does diydude even know what a bit coin is or is he just here for the fandom
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Feb 22, 2019 16:46
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I don't believe in anything. I'm just here for the violence.
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Feb 22, 2019 16:47
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...! posted:It just hit me. And sent shivers and goosebumps down my spine for a good 20 seconds. (self.Bitcoin) my favorite part about bitcoiners is you legitimately can't be sure that his scare quotes around the word books are there because he thinks that in the future it will all be e-books or because he thinks that education is an illuminati plot to mind control everyone or w/e
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Feb 22, 2019 16:48
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...! posted:Crypto will also change so that a parent can actually save something for their children, the middle class can save for a car/apartment/house - without the value being destroyed by the annual inflation. my normal-rear end savings account has an interest rate that's higher than inflation right now but sure whatever, inflation and government is the reason why you can't be self-sufficient, not the goddamn robber-barons of capitalism
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Feb 22, 2019 16:53
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Shame Boy posted:unless it's somehow massively changed, that's not how the lightning network works or what it's supposed to do or... anything
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Feb 22, 2019 17:11
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i like how despite bitcoiners having massive spine goosebumpening epiphanies every few days about how bitcoin is the most important innovation in history and will change the world none of the other bitcoiners seem to read them otherwise they'd stop having these sudden realisations independently
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Feb 22, 2019 17:40
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i believe reddit posts will be referenced in the future, in the same way letters from the cultists at jonestown will be parsed for clues as to what can cause such a massive tragedy and what kind of mindset is required to perform such ghastly acts
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Feb 22, 2019 17:43
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Shame Boy posted:my normal-rear end savings account has an interest rate that's higher than inflation right now but sure whatever, inflation and government is the reason why you can't be self-sufficient, not the goddamn robber-barons of capitalism also: the government literally offers guaranteed bonds indexed to inflation
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Feb 22, 2019 17:49
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...! posted:I got in because my landlord and grand daughter conspired to make me pay my rent in BTC. p sure this constitutes elder abuse
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Feb 22, 2019 17:51
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kw0134 posted:diydude is a startlingly dim bulb in a constellation of substellar brown dwarves Does the US have the brown = nazis connotation, or is that a happy accident?
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Feb 22, 2019 17:52
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in the us you have to make the explicit reference to "brown shirts", and even then it's expanded to include any sort of fascistic organization so it's a happy coincidence
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Feb 22, 2019 17:58
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i thought those were firefly fans
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Feb 22, 2019 18:20
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gschmidl posted:Does the US have the brown = nazis connotation, or is that a happy accident? p sure here our nazis hate brown so much they're trying to build a wall on the southern border
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Feb 22, 2019 18:56
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Following the success of Auroracoin. Hitlercoin is a cryptocurrency for Germany. Coin abbreviation HTC. Summary: Deutschland Has the largest and most powerful national economy in Europe. Population 80.6 million Mission: Give all 80.6 mio of our Reich Friends few Hitlercoins to start with. http://i57.tinypic.com/105t8cl_th.jpg Logo 2: http://oi58.tinypic.com/zx4d4o.jpg Coin artwork welcome post your submissions below. Unofficial video: http://www.youtube.com/watch?v=sEGeHxF0tF4 Reddit: http://www.reddit.com/r/technology/...ing_hitlercoin/ Lyrics: "I'll Be There For You (Theme From Hitlercoin)" So no one told you life was gonna be this way Your job's a joke, you're broke, your love life's D.O.A. It's like you're always stuck in second gear When it hasn't been your day, your week, your month, or even your year, but I'll be there for you (Hitlercoin for you) I'll be there for you (Hitlercoin for you) I'll be there for you (Hitlercoin for you) What users say: http://oi62.tinypic.com/2rhr34m.jpg http://oi58.tinypic.com/viku40.jpg French Thread (Thanks for translation) https://bitcointalk.org/index.php?topic=502207
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Feb 22, 2019 19:01
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some grey text from the grey thread
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Feb 22, 2019 19:23
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AlbieQuirky posted:the sesterces replaced the bronze asses there's never a bad time to introduce bronze asses into a numismatics discussion
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Feb 22, 2019 19:26
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Splicer posted:some grey text from the grey thread i love ellin musk so much but i never look at any news regarding him, it would spoil the mystique
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Feb 22, 2019 19:30
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Splicer posted:some grey text from the grey thread there's so much amazing about that screenshot i don't know where to start  i think the dude just accepting "oh it's because smart contracts" is my favorite part either that or him not realizing the entire elon musk thing was a scam, that elon musk must be giving away the free bitcoins but his just got intercepted by someone else, because elon musk wouldn't lie to me 
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Feb 22, 2019 19:33
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as star trek says: the wright brothers got us off the ground, elon musk got us off the earth, and zefram cochrane got us out of the solar system why would elon musk, inventor of space travel, lie to me??
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Feb 22, 2019 19:59
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elol musk is Satoshi Nakamoto
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Feb 22, 2019 20:10
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