BitCoin: Should I Sign Up?

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Witness
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Re: BitCoin: Should I Sign Up?

Postby Witness » Fri Mar 23, 2018 5:09 am

gnome wrote:(presumably at gunpoint)?
Gun? Too Murican. One of my (ex) colleagues got mugged with the cash out of the machine still in her hands: a spurt of alcohol (kirsch, apparently :mrgreen: ) into the eyes and you're helpless. :(

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Re: BitCoin: Should I Sign Up?

Postby gnome » Fri Mar 23, 2018 1:30 pm

Yikes!
"If fighting is sure to result in victory, then you must fight! Sun Tzu said that, and I'd say he knows a little bit more about fighting than you do, pal, because he invented it, and then he perfected it so that no living man could best him in the ring of honor. Then, he used his fight money to buy two of every animal on earth, and then he herded them onto a boat, and then he beat the crap out of every single one. And from that day forward any time a bunch of animals are together in one place it's called a zoo! (Beat) Unless it's a farm!"
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Re: BitCoin: Should I Sign Up?

Postby Witness » Wed Apr 11, 2018 4:14 am

Foxconn's entry heats up race for first mass-market Bitcoin-friendly phone

Raising the stakes is Taiwan's Foxconn, the world's largest contract electronics maker and a key Apple and Amazon supplier.

A Foxconn unit has agreed to develop and produce a blockchain-based smartphone from Swiss-Israeli technology startup Sirin Labs, Bloomberg reported last week.

The new smartphone, called the Finney, will let users "shop on crypto friendly sites like Overstock.com and Expedia, converting cash into specialized tokens if needed," Bloomberg said.

Users may also trade battery power with others and get paid in tokens or earn by simply allowing a tourist to browse the internet using their phone's Wi-Fi.

"Blockchain technologies and cryptocurrencies are considered to be too complex for 99.99 percent of the population," Sirin said in a white paper, adding that Finney will help bring cryptocurrencies to the masses.
http://www.dw.com/en/foxconns-entry-heats-up-race-for-first-mass-market-bitcoin-friendly-phone/a-43320990

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Re: BitCoin: Should I Sign Up?

Postby Abdul Alhazred » Wed Apr 11, 2018 9:05 am

How close are we to the point where the maximum number of bitcoins has been "mined"?
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Re: BitCoin: Should I Sign Up?

Postby Abdul Alhazred » Wed Apr 11, 2018 9:07 am

OTOH, what governments do for currency these days is also cockamamie.

The question is whether it is possible to make a cockamamie currency work without the implicit threat of deadly force.
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Re: BitCoin: Should I Sign Up?

Postby Rob Lister » Wed Apr 11, 2018 10:48 am

Abdul Alhazred wrote:How close are we to the point where the maximum number of bitcoins has been "mined"?


2145. This graph goes to 2033

Image


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