everyone and their dogs are talking about bitcoin. I think it is a pile of rubbish but this is a nice simple video that explains what the blockchain is all about
https://www.youtube.com/watch?v=_160oMzblY8
bitcoin me @rse
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Re: bitcoin me @rse
I don't trust in it too. I think it all will end in a big cheat.
But, thinking of Paypal, how it assures us its security? We can get up one day with a big surprise in our bank account.
Clearly times are changing, some of these new tools are needed to manage in digital life, but fingers-crossed are handy too.
But, thinking of Paypal, how it assures us its security? We can get up one day with a big surprise in our bank account.
Clearly times are changing, some of these new tools are needed to manage in digital life, but fingers-crossed are handy too.
Re: bitcoin me @rse
paypal is "normal money"
bitcoin has this "public ledger" distributed database that already is in 100s GB in size, and if it was used more frequently, the whole system would break down. People never learn history lessons so every now and then fall for a new bubble
bitcoin has this "public ledger" distributed database that already is in 100s GB in size, and if it was used more frequently, the whole system would break down. People never learn history lessons so every now and then fall for a new bubble
Re: bitcoin me @rse
Also, Bitcoin had already reached the point where it would actually give you any real value years ago. People fall too easy for buzzwords.
Tux. ; tuxproject.de
registered xplorer² pro user since Oct 2009, ultimated in Mar 2012
registered xplorer² pro user since Oct 2009, ultimated in Mar 2012