vitoniq
vitoniq
he uses computers all the time. computers love him. he has fantastic computers, with many many friends.
The personal computer revolutionized the American home in the 1980s and 90s. And by the mid-90s mainstream America…
I got taken for a ride by a cab driver in Budapest a few years ago. Grabbed a cab outside the train station and asked for a lift to the hotel I was staying at. The driver drove me around for about 20 minutes and charged something like 30 euro. I went to check out a few days later and asked the door man to ring me a…
This happens, I know, there are hyenas out there. But it’s easy to spot them:
It’s definitely not dead. Just got my debit card that is attached to my account, so I can spend bitcoin at any place that accepts Visa / Mastercard etc, without waiting to sell / convert. I say if you have any investment in it, don’t sell, wait for a comfortable low and put more money in.
Did you hear? Bitcoin is dead. It’s over. Or wait, is it just dying? Is it having a crisis? There is trouble in…
Construction for the first phase of Morocco’s Noor 1 power plant is nearing completion. Once complete in 2020, the…
Between competing government space agencies, commercial enterprises, humans, and robots, we have one very odd space…
Wait a minute.... Did Elon Musk just hint SpaceX will fly its victorious Falcon 9 rocket a second time?! We knew…
My point is that situation and many others are entirely possible in multiple countries as we speak. While it may not be Bitcoin who survives, completely electronic currency is coming and I don’t think there’s a real debate to that.
The blockchain DOES have servers. Anyone can run a bitcoin server, and tons of people do exactly that. The blockchain IS a database. It is distributed via P2P to every single server in the network. Every single miner is running a bitcoin server. Bitcoin doesn’t have any centralized servers, but it has thousands of…
I’ve spent exactly $0 buying Bitcoin. Its future is far from certain. I agree - its worth is what people are ready to pay for it with no intrinsic value. The same, of course, can be said for any currency.
Most items used as currency have no intrinsic value. Dollars have no intrinsic value. Precious metals have no intrinsic value as a currency. Their true value only comes from their applications, their monetary value comes from market forces. The value of any object, real or digital, is determined by what the market is…
What is unprecedented about a double SHA256 hash?
You may be right but, as an economics guy, I have trouble distinguishing gaping differences between Bitcoin and traditional currencies. Their perceived value all rests on human consensus and a mutual set of beliefs. For instance, inflation, a great joy for all economists, only exists because of people’s expectations.…
This is the 20% nicer Gawker. They’re just helping someone blackmail his gay dog.
I don’t believe him one bit.
I thought it was because of these little guys?