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    Bring4th Bring4th Studies Science & Technology Cryptocurrency and Blockchain ?

    Thread: Cryptocurrency and Blockchain ?


    Dev1LchE (Offline)

    Newbie
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    #1
    06-24-2018, 09:12 PM (This post was last modified: 07-07-2018, 03:47 PM by Dev1LchE.)
    Guys is anyone involved in any ways in this ? Im a miner and from recently trader as well, wandering how much is this community aware of these things ?

      •
    unity100 (Offline)

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    #2
    06-25-2018, 08:45 AM
    There seems to be some awareness in a small percentage of the spiritually inclined.
    [+] The following 1 member thanked thanked unity100 for this post:1 member thanked unity100 for this post
      • Dev1LchE
    Patrick (Offline)

    YAY - Yet Another You
    Posts: 5,635
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    #3
    06-25-2018, 09:06 AM (This post was last modified: 06-25-2018, 09:09 AM by Patrick.)
     
    Personally, I have a preference for cryptocurrencies that does not make use of mining.

    Like Credits - https://credits.com/

    Also, have you read Daemon and Freedom ?
     

      •
    Dev1LchE (Offline)

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    #4
    06-30-2018, 07:15 PM
    (06-25-2018, 09:06 AM)Patrick Wrote:  
    Personally, I have a preference for cryptocurrencies that does not make use of mining.

    Like Credits - https://credits.com/

    Also, have you read Daemon and Freedom ?
     

    Dont give me these kind of books hehe, we already live in a horror in some sense Smile, but I do like the topic.

    Considering credits, its an interesting project, failed to launch in june altho? I guess they wait for market movement. If im not wrong, u can compare it with zrx ? Are u a part of the project ?

      •
    canada_dry (Offline)

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    #5
    07-09-2018, 05:27 PM
    (06-24-2018, 09:12 PM)Dev1LchE Wrote: Guys is anyone involved in any ways in this ? Im a miner and from recently trader as well, wandering how much is this community aware of these things ?

    Yeah, blockchain tech like bitcoin has the potential to do a lot of good things in addition to weakening the monopoly that government has on money.

    Taken from https://www.aier.org/research/blockchain...ic-freedom :

    "Lack of central intermediaries – Bitcoin has already provided a tantalizing view of the future for those who favor dismantling the government monopoly on issuing currency. Blockchain technology allows such a private currency to arise without a government or a private central entity to issue notes and establish trust. In fact, blockchain transactions are often called “trustless,” meaning that two parties don’t have to trust each other or a central authority to conduct a transaction. This term is something of a misnomer, however, because trust naturally emerges from the system, bottom-up rather than top-down. Users of a platform could also agree in advance to use a mediation body to settle more complex contractual disputes."

    Opportunity – Many people in developing nations currently have no access to banking services, due to lack of supply or lack of verifiable identity. Blockchain provides a cheap, easy way to accomplish both from the ground up, with no redistribution of wealth. Putting these people, along with their work and ideas, on the financial map at little cost would only be positive for the global economy.

    Property rights – As discussed above, blockchain can enable the safe digital storage and transfer of titles of ownership of virtually any asset. The permanence of record-keeping provides a kind of guarantee that may be completely novel in some parts of the world. In places that are particularly susceptible to government seizure of assets, a blockchain-based record keeping system leaves the possibility that wrongs can be righted. Imagine a dictator launches a successful coup in a small country, burning the physical records of land ownership and forcing people off their land and redistributing it to his cronies. If that regime falls, sorting out who owns what could lead to chaos or even war. But if those records had been kept in a blockchain, it would be far easier to go back and return assets to their rightful owners, who would hold their encrypted identities.

      •
    moyal (Offline)

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    #6
    07-09-2018, 09:54 PM (This post was last modified: 07-11-2018, 01:12 PM by Jade. Edit Reason: Removed offensive link )
    The backside of a virtual coin:

    -> [link omitted by moderator]

      •
    moyal (Offline)

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    #7
    07-09-2018, 10:24 PM
    Another interesting read:

    -> https://gizadeathstar.com/2018/02/bunker...ina-stuff/

      •
    canada_dry (Offline)

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    #8
    07-09-2018, 11:06 PM (This post was last modified: 07-11-2018, 01:12 PM by Jade. Edit Reason: Removed offensive link )
    (07-09-2018, 09:54 PM)moyal Wrote: The backside of a virtual coin:

    ->[link omitted by moderator]

    There is a lot of jew-hating C-grade conspiracy dot connecting in that article, but I do think that bitcoin is in the process of being taken over by the financial elite (original bitcoin developers have been replaced by those who have halted scalability/network size). I do not believe it was created by the government/elite. However, the technology is open source and decentralized, meaning if bitcoin gets controlled, you can create a fork of the chain (see bitcoin cash), or create a new coin.

      •
    canada_dry (Offline)

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    #9
    07-10-2018, 12:30 AM
    Here's a history of how bitcoin became corrupted, so to speak.

    https://np.reddit.com/r/BitcoinMarkets/c...s/dl8v4lp/

      •
    smiLie (Offline)

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    #10
    01-16-2019, 03:00 PM
    (06-25-2018, 09:06 AM)Patrick Wrote: Like Credits - https://credits.com/

    Anything that comes from London is not "freedom".

    Offshore London Citi is one of the locations of the dark banker forces who are trying to enslave us via various currencies.

      •
    smiLie (Offline)

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    #11
    01-16-2019, 03:08 PM (This post was last modified: 01-16-2019, 05:52 PM by smiLie.)
    Currently , bitcoin and other crypto coins are the source of the dark, black money - drugs, weapons, prostitution, war profiteering etc.

    They are also very easy to use to attack the remaining nations that are not completely under Central Banker control.

    In order for crypto currencies to become real and have any real freedom potential , the following needs to happen:
    1) Secure mobile hardware needs to be developed by 3-rd parties or open-source
    2) Secure internet - from root servers being located outside USA / UK, to some other things such as non-compromised routers
    3) Secure internet protocols - https and Security certificate authorities need to be taken away from US/UK military/spec. ops, and given into semi-public domain. Or at least, authority to issue https secure certificates needs to be given to an entity that's outside of US control (this will prevent US spec. ops from revoking secure certificates from the entities they don't like).
    4) Secure browsers developed

    Only on the basis of this you can then develop a bitcon-like "coin" (bitcoin is compromised and was developed by NSA..nobody knows.. they can be easily running secret "mining" operation to control it).
    That may be one day have a hope of being semi-secure.

    In the mean time, right now it is a tulip bubble / banker scam.

      •
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