First of, math > promises made by politicians.
About any kind of volatility, it is not a problem for people who want to use it to buy something, works as well when 1 BTC=0.01 USD as it was used few years back, works at 1 BTC=1 USD and at 1 BTC=10,000 USD.
Unless you want to buy and hold it for a year but then it's your decission should you invest or not (I would invest a bit of saving that I can afford to lose). Some people invested and bought cards, houses after waiting 3 years.
Bitcoin as a retail payment system? Not yet. Not until bitcoin is a bit less volatile. But as a money transfer mechanism between private citizens? Maybe not a bad idea.
As a payment system, you do not care about the price fluctuations - just use bitpay or one of other payment processors.
Price is 10 $ for a product,
you are told to pay say 0.03164 BTC for example based on current prices,
you pay 0.03164 BTC
the marchant has 10$ sent to his bank account in a daily sweep from all customers.
Violation does not concern you.
If you would need to first buy BTC locally e.g. from local btc-atm or localbitcoins or friend, then you will probably pay a 1-2% more (difference between selling-buying prices) but price violation will not affect you much unless you wait few days... but if you do wait few days, you also have a chance to have say 10% *more* money (pay less) - your choice if you want to also short-term invest or not.
Modern wallets allow a super-backup whre you memorize some password e.g. in form of 20 words, and all future addresses you will ever generate in that wallet are always recoverable from theses words.
As comfortable as it can get.
There can be a war that will burn your home, all your backups, your servers and half of the world, and still if you remembered the words you have your bitcoins.
State owned currencies are usually inflatory - so your savings are silently dimishing (in buying power).
Bitcoin is deflatory, your savings are growing over time (in buying power).
But this is just about investing in BTC - single user.
More important use here is to use it as form of payments, that are very universal (world-wide, scriptable, can not be frozen by rogue state e.g. the USA, are more private).
>>For the average consumer, Bitcoin is a solution in search of a problem.
The problems are [fiat currencies] that are based on nothing but the misplaced confidence that said currencies will be properly managed. Unfortunately, currencies like the US dollar have very shaky foundations. You'll see the point when the next banking crisis hits and the bail ins have been instituted.
Bitcoin is also based on nothing. In fact it is based on even less nothing than fiat currency. Bitcoin has weekly instability and crises. What, exactly, is the motivation here to use it over fiat?
It is based on math. I trust math more then war criminal Bush or Obama, or the private company FED to manage money.
It can not be confiscated or frozen (like happened with Wikileaks); You can receive them anonymously. You can easily script sending them without no bullshit. You are in full control of your money.
Interesting tidbit, if everyone would evade tax, USA noble price winner and other great presidents before him would have trouble feeding the army to start new wars, and to continue wars on own people - like war on drugs, or war on file sharing.
This is very interesting comment. If you would make account here PM me, or contact me at jabber/xmpp JID:rfree@mempo.org or e-mail rfree @ i2pmail dot org.
Greenpeace is saying they are about prservation, same as politicians say they do shit "for your protection".
While in fact both are about power and money.
They've ruined the Internet, too. We can't go a single day now without somebody incorrectly calling somebody else "racist" or "sexist" or "misogynistic". They force censorship wherever they go, because according to them it's completely inappropriate for somebody to potentially read or hear something that might hurt their feelings, even if it's completely factual and correct.
I couldn't care less about someone just "being fellon", when we (in most "modern" countries) have law system that criminalizes almost anything, even using drugs or other things that do not harm anyone and should not be anyone's business.
Would care if you would do anything bad if it was serious, e.g. beaten up someone (not in defence), or commitet a robbery.
Liekly quite some busines owners think in same way.
Of course if you would for example steal empoloyeer secrets previously, it does not look good.
(let's say) 95% of desert plants are cactuses and alike, with almost no water-lillies.
Are water-lillies opressed by the bad over privilaged white male cactuses, or maybe it's just that cactuses are better at that task of "growing and surviving in desert" then water lillies?
Why are "progressive" leftist social justice warriors on a mission to burn down the cactuses, and to transport all the lillies out of their water swamps rivers and put the to the desert? Even if some will survive, it doesn't make sense.
Easy test: are females banned from being CEOs? Is anyone arresting them from trying to do that, or are they allowed? If allowed and they rarerly succeed then it's just meaning that woman taleneted (or interested) to be CEOs are rarer, get over it.
Did you took into account possiblity that she just wants something else?
Isn't 4 years old a bit too early to force kid's carrier/interest/hobby choices?
How ever, about showing het options what is possible, I think indeed just letting people with computer with tools to *create stuff*
some games where you can design things.
Slashdot: polical-correct leftists anti-freedom crap that no one cares about.
Amazon should be free to hire who them like, even only bald man, or only black man, or only white bald tall women - it's property and freedom that we gained (and now lost again back to communist-socialism). And you are free to criticize them for such choices.
How ever, I am preety sure, they simply do hire the muscular and durable employees which turn out to be man;
Also flash news, weman do not prefer hard physical work all that much you know.
What next, article about gender gap in the breastfeeding/surrogate industry?
With old money like paper dollars it requires to steal only 1 thing (the papers in your pocket) to get it, no PIN or password on it and the thieve can spend it quite anonymously with no effort - I think this happens not that rarerly;)
With dollars in bank account, they require to steal 0 things to take your money, they just take it. Ask wikileaks, charities where banks or usually the paypal frozen their accounts/confiscated and so on.
Not to mention over few years it slowly loses purchasing power.
He is right, while the name "racist" do not fit here, he had on mind (I bet) the general problem of prejudice.
You do prejudice too - "70% of group X do Y [so we can punish everyone in group X]", that's not fair.
Which either means women have to take responsibility for this or we regress back into their history blaming their high school, their grade school, their parents, or society...
Wait, why is anyone being blamed here, how about the idea that maybe, just maaaaybe, majority of woman prefer home, kids, being a good mother, and simply like to spend life this way?!
Your comment was quite interesting and I mostly agree, how ever:
"Discrimination is bad."... well sir, [citation needed].
I would be have to hire 20 developers locally, given choice to deploy a shop in sillicon-valley equivanet with mostly rich white male developers, and and deploying our operation in India farmers village, I would go with the white option (if other conditions would be equal, like rent, price of work, taxes etc).
Of course on the other hand it would be silly of me to toss out all CVs from black people, I could be wasting a chance to hire real tallent there.
Or hiring a basket ball team, while I would give a white man chance to show up at initiall qualifications (if I have the time), given the choice to open bball center in a city withy only whites, and in a city with mostly black, I would prefer the later (if all other things considered).
So it really depends what you want to do.
Heaving a pavulov's dog reaction "he prefers some ethnical groups of people over others, omg he is so evil racis [lets arrest or at least shame him]" is just batshit crazy.
And worrying about "gender gap" or "race gap" for companies that probably blindly give candidates a tests and it just turns out that the white people are usually turning up as the objectivly better for given task... is double crazy.
Getting the right "test group" for your product is indeed important, and it does NOT require to forcefully artifically close any gender/race/etc gap in your developers team.
How do you know it is less than 40%? What if it is over 80%, because more men are tech-oriented geeks and fewer women than men are skilled+interested in this area?
Wow you are clearly a totall racist and sexist, and you just raped me by owning a penis < vibe coming from recent slashdot articles >
While this is written as comedy, I wonder if anyone would reply with arguments instead downvoting with "omg he dares question current politcorrect leftis world, DUUUR troll -9"
Slashdot Mirror
First of, math > promises made by politicians.
About any kind of volatility, it is not a problem for people who want to use it to buy something, works as well when 1 BTC=0.01 USD as it was used few years back, works at 1 BTC=1 USD and at 1 BTC=10,000 USD.
Unless you want to buy and hold it for a year but then it's your decission should you invest or not (I would invest a bit of saving that I can afford to lose). Some people invested and bought cards, houses after waiting 3 years.
If 51% attack would happen even, that does not affect your BTC account at all, you have the same amoutnt of BTC.
As for BTC price, there are various ideas to invest or not long term, but looking at it's short last 4 years, it grown over thousand times.
And neither of this is needed for successful short term payments.
Bitcoin as a retail payment system? Not yet. Not until bitcoin is a bit less volatile. But as a money transfer mechanism between private citizens? Maybe not a bad idea.
As a payment system, you do not care about the price fluctuations - just use bitpay or one of other payment processors. Price is 10 $ for a product, you are told to pay say 0.03164 BTC for example based on current prices, you pay 0.03164 BTC the marchant has 10$ sent to his bank account in a daily sweep from all customers.
Violation does not concern you.
If you would need to first buy BTC locally e.g. from local btc-atm or localbitcoins or friend, then you will probably pay a 1-2% more (difference between selling-buying prices) but price violation will not affect you much unless you wait few days... but if you do wait few days, you also have a chance to have say 10% *more* money (pay less) - your choice if you want to also short-term invest or not.
Modern wallets allow a super-backup whre you memorize some password e.g. in form of 20 words, and all future addresses you will ever generate in that wallet are always recoverable from theses words.
As comfortable as it can get.
There can be a war that will burn your home, all your backups, your servers and half of the world, and still if you remembered the words you have your bitcoins.
State owned currencies are usually inflatory - so your savings are silently dimishing (in buying power).
Bitcoin is deflatory, your savings are growing over time (in buying power).
But this is just about investing in BTC - single user.
More important use here is to use it as form of payments, that are very universal (world-wide, scriptable, can not be frozen by rogue state e.g. the USA, are more private).
>>For the average consumer, Bitcoin is a solution in search of a problem.
The problems are [fiat currencies] that are based on nothing but the misplaced confidence that said currencies will be properly managed. Unfortunately, currencies like the US dollar have very shaky foundations. You'll see the point when the next banking crisis hits and the bail ins have been instituted.
Bitcoin is also based on nothing. In fact it is based on even less nothing than fiat currency. Bitcoin has weekly instability and crises. What, exactly, is the motivation here to use it over fiat?
It is based on math. I trust math more then war criminal Bush or Obama, or the private company FED to manage money.
It can not be confiscated or frozen (like happened with Wikileaks); You can receive them anonymously. You can easily script sending them without no bullshit. You are in full control of your money.
Interesting tidbit, if everyone would evade tax, USA noble price winner and other great presidents before him would have trouble feeding the army to start new wars, and to continue wars on own people - like war on drugs, or war on file sharing.
Bot sure if trolling
-_-
or just idiot
and high unemployment in Europe is caused by dumb fiscal and monetary policies rather than robots stealing job
High unemployment in EU is caused by min-wage, socialism and communism. Source: I live in this shitty place ;(
This is very interesting comment. If you would make account here PM me, or contact me at jabber/xmpp JID:rfree@mempo.org or e-mail rfree @ i2pmail dot org.
Greenpeace is saying they are about prservation, same as politicians say they do shit "for your protection".
While in fact both are about power and money.
They've ruined the Internet, too. We can't go a single day now without somebody incorrectly calling somebody else "racist" or "sexist" or "misogynistic". They force censorship wherever they go, because according to them it's completely inappropriate for somebody to potentially read or hear something that might hurt their feelings, even if it's completely factual and correct.
This, a million time this.
I couldn't care less about someone just "being fellon", when we (in most "modern" countries) have law system that criminalizes almost anything, even using drugs or other things that do not harm anyone and should not be anyone's business.
Would care if you would do anything bad if it was serious, e.g. beaten up someone (not in defence), or commitet a robbery.
Liekly quite some busines owners think in same way.
Of course if you would for example steal empoloyeer secrets previously, it does not look good.
(let's say) 95% of desert plants are cactuses and alike, with almost no water-lillies.
Are water-lillies opressed by the bad over privilaged white male cactuses, or maybe it's just that cactuses are better at that task of "growing and surviving in desert" then water lillies?
Why are "progressive" leftist social justice warriors on a mission to burn down the cactuses, and to transport all the lillies out of their water swamps rivers and put the to the desert? Even if some will survive, it doesn't make sense.
Easy test: are females banned from being CEOs? Is anyone arresting them from trying to do that, or are they allowed? If allowed and they rarerly succeed then it's just meaning that woman taleneted (or interested) to be CEOs are rarer, get over it.
Did you took into account possiblity that she just wants something else? Isn't 4 years old a bit too early to force kid's carrier/interest/hobby choices? How ever, about showing het options what is possible, I think indeed just letting people with computer with tools to *create stuff* some games where you can design things.
Slashdot: polical-correct leftists anti-freedom crap that no one cares about.
Amazon should be free to hire who them like, even only bald man, or only black man, or only white bald tall women - it's property and freedom that we gained (and now lost again back to communist-socialism). And you are free to criticize them for such choices.
How ever, I am preety sure, they simply do hire the muscular and durable employees which turn out to be man;
Also flash news, weman do not prefer hard physical work all that much you know.
What next, article about gender gap in the breastfeeding/surrogate industry?
Yes, it seems pretty straight forward to you.
They are not the same, but both are bad. Without regulation there would be no censorship, DEA and other evil things.
Or you could, well, use real money instead.
With old money like paper dollars it requires to steal only 1 thing (the papers in your pocket) to get it, no PIN or password on it and the thieve can spend it quite anonymously with no effort - I think this happens not that rarerly ;)
With dollars in bank account, they require to steal 0 things to take your money, they just take it. Ask wikileaks, charities where banks or usually the paypal frozen their accounts/confiscated and so on.
Not to mention over few years it slowly loses purchasing power.
He is right, while the name "racist" do not fit here, he had on mind (I bet) the general problem of prejudice. You do prejudice too - "70% of group X do Y [so we can punish everyone in group X]", that's not fair.
Oh no, that's not how it works. It's racism only if the "opressed" side are Negros or Latino, then you can yell "oh my god, racists!" and arrest them.
Which either means women have to take responsibility for this or we regress back into their history blaming their high school, their grade school, their parents, or society...
Wait, why is anyone being blamed here, how about the idea that maybe, just maaaaybe, majority of woman prefer home, kids, being a good mother, and simply like to spend life this way?!
Your comment was quite interesting and I mostly agree, how ever: ... well sir, [citation needed].
"Discrimination is bad."
I would be have to hire 20 developers locally, given choice to deploy a shop in sillicon-valley equivanet with mostly rich white male developers, and and deploying our operation in India farmers village, I would go with the white option (if other conditions would be equal, like rent, price of work, taxes etc).
Of course on the other hand it would be silly of me to toss out all CVs from black people, I could be wasting a chance to hire real tallent there.
Or hiring a basket ball team, while I would give a white man chance to show up at initiall qualifications (if I have the time), given the choice to open bball center in a city withy only whites, and in a city with mostly black, I would prefer the later (if all other things considered).
So it really depends what you want to do.
Heaving a pavulov's dog reaction "he prefers some ethnical groups of people over others, omg he is so evil racis [lets arrest or at least shame him]" is just batshit crazy.
And worrying about "gender gap" or "race gap" for companies that probably blindly give candidates a tests and it just turns out that the white people are usually turning up as the objectivly better for given task... is double crazy.
Getting the right "test group" for your product is indeed important, and it does NOT require to forcefully artifically close any gender/race/etc gap in your developers team.
How do you know it is less than 40%? What if it is over 80%, because more men are tech-oriented geeks and fewer women than men are skilled+interested in this area?
Wow you are clearly a totall racist and sexist, and you just raped me by owning a penis < vibe coming from recent slashdot articles >
While this is written as comedy, I wonder if anyone would reply with arguments instead downvoting with "omg he dares question current politcorrect leftis world, DUUUR troll -9"