Btcd - a Bitcoind Alternative Written In Go!
An anonymous reader writes "The folks at Conformal have announced btcd, an alternative full-node implementation to bitcoind, written in Go! They have released the first of their core packages, btcwire, available for download at GitHub. As a bitcoin user myself, I love the idea of a full alternative. It will only make bitcoin stronger and more independent. This will be great for the Go community, too!"
TFS mixes the two: written in Go! and great for the Go community
TFA says: it's Go not Go!
Questions raise, answers kill. Raise questions to stay alive.
All they have released is a handler for the network protocol. This doesn't verify blocks, send transactions or anything else. Are the other parts closed source or do they just not exist?
I can't pay my taxes in BTC
;)
You can't pay your (US) taxes in Euros, either. Does that say anything about the legitimacy of the Euro? Though in fairness, if you wanted to consider that particular example one of a failing currency, I'd have a hard time disagreeing.
As for overall confidence, there's a sucker born every minute, as long as there are suckers having confidence in it, it will remain, until such a time as it becomes so mind blowingly obvious that even the most idiotic supporter can't deny it.
I literally cannot think of a better argument against fiat currency. "Here, suckers, work for 40 years to collect enough of these papers we prooooomise will still hold (30% of) their value when you retire, and when they don't, hey, at least you'll have <snicker> Social Security to fall back on". And for the record, it actually comes out to more like eight suckers born every minute (in the US alone). That doesn't necessarily make BTC any better - But as with my point about the Euro, any argument against something you dislike that applies equally well to something you like, doesn't really have much persuasive power.
even with that "relatively stable" 90-120 range you're still talking about a 30% fluctuation, which is both unpredictable and dangerous for people who are trying to use it for normal currency stuff.
Barnes & Noble has a market cap of 1.3B - Roughly the same as Bitcoin. It shot up, yesterday alone, by 30% (well, 26%, anyway). Most people, even its own investors, expect it to go the way of Borders within a year or two.
Barnes & Noble stock, however, does not count as a currency. So take that as you will.
In the long term it will deflate out of existence, I just hope that there are some criminal prosecutions for the folks that are boosting the currency for personal gain.
I merely disagreed with you up to that statement. But that? Why? Why would you hope for criminal prosecutions over something you have gone so far to minimize as little more than a fad? Do you wish the same for collectors of Beanie Babies and Hummels, or do you reserve your bitterness for collectors of failed foreign currencies?