so you have no clue but want to short "the blockchain"? good luck shorting technology because your media told you so. hahaha. btw, do you know what a startup is? we had startups long before the blockchain. and yes - everybody knows that there is a high failure rate. those VCs will loose 90% of money just so that 10% invested will make them 1000% profits.
What a tool. You should spend some time in Gulag or Auschwitz. That would teach you values. Your pedos don't care about Internet or any decentralisation, they will rape children with or without it the same. Maybe we should just stop having children, that would solve the thing, right?
We can audit their records - they cannot change once on the blockchain so if something happens we can have a look. Transactions on the blockchain are auditable and tamper-proof. If every supplier has their own database it is difficult to say who is right - both of them can have some errors or blatant data manipulation.
and also you can't send diamonds over internet - cannot even divide it - use it as decentralised database or run smart contracts. in another words comparing bitcoin to diamonds is dumb.
that shit is worth hundreds of millions! market is just insane. it's a bad joke and it will not die just because it is pure fiction anyway. meanwhile good coins are slaughtered like pigs.
so according to you git is blockchain based and you received score: 5 insightful! what dumbasses come here to slashdot?
You have no clue what are you talking about. i follow blockchain from 2010 and know it's limitations but guys like you who can't see any utility are just as naive and stupid as those people who are building parking apps on blockchain. too bad slashdotters are brainwashed by this lack of awareness and clear judgement.
decentralized systems can't be displaced because there are none - as you mentioned we are using a highly centralized ecosystem of apps - there is no decentralization these days. so it can get only more decentralized from this point - and it makes sense and is the right path. convenience is not always the most important thing. we are still working on the technology - it's a really difficult task and it wasn't possible to construct prior the invention and commercialization of blockchain
it doesn't defeat the purpose - the price doesn't matter at all - bitcoin is the digital gold for other coins and it is bootstrapping the whole ecosystem. crypto is much more complicated than most people know about.
In fact, I think they are buying - they just want to get in cheap so they are enforcing doubt about cryptos in fools like you so you have enough fuel to circlejerk about bitcoin going to zero.
Slashdot Mirror
so you have no clue but want to short "the blockchain"? good luck shorting technology because your media told you so. hahaha. btw, do you know what a startup is? we had startups long before the blockchain. and yes - everybody knows that there is a high failure rate. those VCs will loose 90% of money just so that 10% invested will make them 1000% profits.
It solves the crowdfunding issue. Try launching an IPO - good luck and see you in couple of years....
Society of morons here. Slashdot has come to a point where we are expected to throw in a towel. Mr. Zuckerberg, can you please fuck me in the ass now?
What a tool. You should spend some time in Gulag or Auschwitz. That would teach you values. Your pedos don't care about Internet or any decentralisation, they will rape children with or without it the same. Maybe we should just stop having children, that would solve the thing, right?
We can audit their records - they cannot change once on the blockchain so if something happens we can have a look. Transactions on the blockchain are auditable and tamper-proof. If every supplier has their own database it is difficult to say who is right - both of them can have some errors or blatant data manipulation.
They can use public blockchains (Ethereum) so it is impossible to change records.
There will be decenralised protocols that you can use to buy or sell computing power. Look at Golem (GNT) or DFinity
and also you can't send diamonds over internet - cannot even divide it - use it as decentralised database or run smart contracts. in another words comparing bitcoin to diamonds is dumb.
lol, you you don't see a difference between debt and capital?
OMG. it costs cents to do bitcoin transaction. and it doesn't have anything to do with the amount of power bitcoin is using.
Isn't cash a legal tender that must be taken by the restaurant otherwise GTFO? Are they saying my paper USD is not good enough? Is it legal?
have you thought about the possibility that those programmers already spent years crunching math and code at 2am?
comparing bitcoin to some shitcoin scam is ridiculous
that shit is worth hundreds of millions! market is just insane. it's a bad joke and it will not die just because it is pure fiction anyway. meanwhile good coins are slaughtered like pigs.
you think the gunman asked permission to bring gun?
Child Abuse Imagery Found On The Internet! Bring the whole system down, now!
No problem buying firearms in Europe
When it comes to McAffee in discussions, I have my popcorn ready.
so according to you git is blockchain based and you received score: 5 insightful! what dumbasses come here to slashdot? You have no clue what are you talking about. i follow blockchain from 2010 and know it's limitations but guys like you who can't see any utility are just as naive and stupid as those people who are building parking apps on blockchain. too bad slashdotters are brainwashed by this lack of awareness and clear judgement.
decentralized systems can't be displaced because there are none - as you mentioned we are using a highly centralized ecosystem of apps - there is no decentralization these days. so it can get only more decentralized from this point - and it makes sense and is the right path. convenience is not always the most important thing. we are still working on the technology - it's a really difficult task and it wasn't possible to construct prior the invention and commercialization of blockchain
Random website? Are you aware Coinbase is the largest exchange and deals with millions of users?
Retard
it's obviously the future. coming near you soon.
it doesn't defeat the purpose - the price doesn't matter at all - bitcoin is the digital gold for other coins and it is bootstrapping the whole ecosystem. crypto is much more complicated than most people know about.
In fact, I think they are buying - they just want to get in cheap so they are enforcing doubt about cryptos in fools like you so you have enough fuel to circlejerk about bitcoin going to zero.