A lot of people already have an account on the exchange with coins and or cash in it. You can trade those on the exchange without any confirmations or delays.
And in this case, FB isn't interested in adding security to your account, they just want a new way to prove that it is a person behind the account instead of a robot. Nothing to do with security.
We're already at the point where a computer can generate unlimited artificial faces that are good enough to fool such a system: https://www.youtube.com/watch?...
I guess it has nothing to do with security, but rather with building a database of people, or analyzing your facial features and linking them to your preferences.
But are you saying that we have had 1000's % inflation in recent years in fiat currencies? Of course not.
No, this process is price discovery. If bitcoin existed thousands of years ago (like gold), it would only have appreciated a little bit in recent years. But because it was introduced just a few years ago, starting at 0, it needed to catch up with many years of inflation.
at this point there's no hardware that is not economical to mine on any longer.
The bitcoin protocol has a built-in difficulty adjustment algorithm. If there is too much interest in mining (more than 6 blocks per hour found), then the difficulty is increased. If there's not enough interest in mining, the difficulty is lowered. Because the reward stays the same (currently 12.5 BTC per block + fees), the difficulty determines how profitable mine is. At status quo, only the most efficient mine can make a reasonable profit.
in order for one person to get a "bitcoin millionaire" there MUST be thousand people who lose 1000$. There is no way around it.
Yes, there is a way around it. As more fiat money is created out of thin air, you can have a scenario where everybody can sell his bitcoin for more than he bought it for.
Nature has order and DNA probably exists everywhere
That's just a wild guess on your part. Right now, we have no reason to assume such a thing.
Every time you receive coins you can use a brand new address. Until you spend it in on a traceable transaction, nobody knows it's yours.
Make ONE association of a transaction to an individual, and then you have ALL transactions that individual has ever made, all recorded
No, you have all transactions that particular address has ever made. An individual may have any number of addresses.
It would be cool if these were alien, but I'm willing to bet that these are just terrestrial bacteria.
Google bitcoin mining my friend... There are many options.
None of the options involve a PC or mac. You need special ASICs to make a bit of profit.
Give me an image file, and I can generate an SHA hash for it that is relatively unique
Can you make it so that two different pictures of the same person result in the same SHA hash ? If not, it's useless.
Why would you ever want that? Virtual stalking?
Mostly for people who use facebook as their only way to announce stuff.
It has metadata from facebook cookies and trackers all over the web.
Just the same as for people who have never used facebook at all.
A lot of people already have an account on the exchange with coins and or cash in it. You can trade those on the exchange without any confirmations or delays.
I keep an empty facebook account, just in case I need to see someone else's facebook page.
And in this case, FB isn't interested in adding security to your account, they just want a new way to prove that it is a person behind the account instead of a robot. Nothing to do with security.
We're already at the point where a computer can generate unlimited artificial faces that are good enough to fool such a system:
https://www.youtube.com/watch?...
I guess it has nothing to do with security, but rather with building a database of people, or analyzing your facial features and linking them to your preferences.
Where "fingerprint" means "the original photo"
DON'T charge you battery to 100%
How do you prevent it from charging 100% when you're asleep ?
That is actually unknown.
For you, maybe.
The only way you're getting 500 miles (~130kWH) in 5 minutes is using liquid cooled cables
Or use a higher voltage. At 15kV, you only need 100 Amps, which can be done with regular cables.
So, the question is this: if the world order collapses and nobody trusts anyone, will bitcoin have any value?
No, but then 99% of the people are fucked anyway.
Make a long list of there and you find that as metals, they aren't completely useless.
They are pretty useless when you make bars from them, and store them in a vault, which is exactly what happens with half the gold that's mined.
Bitcoins are even worse, in that they are not physical objects and have no intrinsic use.
They have the same use as that gold in the vault. Not being a physical object is an advantage for most cases.
Whether actual intelligence is going to be available on machines, ever, is at this time completely unknown, because nobody knows what it is.
We got human level intelligence from old monkey brains by just fucking around for 100,000 generations.
But are you saying that we have had 1000's % inflation in recent years in fiat currencies? Of course not.
No, this process is price discovery. If bitcoin existed thousands of years ago (like gold), it would only have appreciated a little bit in recent years. But because it was introduced just a few years ago, starting at 0, it needed to catch up with many years of inflation.
Actually, Gold is pretty useful and will nowhere drop as low as 10% of its current value
Steel is more useful than gold, and is less than 10% of gold's value.
Gold is pretty good for a number of engineering tasks.
Most of these require gold in minute quantities. Gold is heavy and soft, which makes it a poor choice for many engineering tasks.
In that case it's the exchange that loses the money.
It's the people that are holding fiat that are losing the value of their money
No, bitcoin is not money. It's digital gold. How much does it cost to transact a bar of gold ?
at this point there's no hardware that is not economical to mine on any longer.
The bitcoin protocol has a built-in difficulty adjustment algorithm. If there is too much interest in mining (more than 6 blocks per hour found), then the difficulty is increased. If there's not enough interest in mining, the difficulty is lowered. Because the reward stays the same (currently 12.5 BTC per block + fees), the difficulty determines how profitable mine is. At status quo, only the most efficient mine can make a reasonable profit.
in order for one person to get a "bitcoin millionaire" there MUST be thousand people who lose 1000$. There is no way around it.
Yes, there is a way around it. As more fiat money is created out of thin air, you can have a scenario where everybody can sell his bitcoin for more than he bought it for.
Here's actual footage of Mr. Karp saying goodbye.
http://reactiongifs.me/wp-cont...