Yes, please now start teaching me about insurance. That’s just what I need
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In your life, you pick random online businesses and throw money at them without any research? Of course not, let's give them a swerve and make Amazon richer! /s
Ethereum is about to go PoS so isn't backed by PoW. PoS on Ethereum would consume 1% of the energy that it previously did, so that's very green.
As for bitcoin, it's just a hedge for me .. and if hedges catch fire, that's no big deal.
NoXion
Craicy the Squirrel
It doesn't matter how much research I do, it's not going to make me infallible. Sooner or later I'm going to get scammed or otherwise ripped off. So what happens then?
This particular attempt to defend crypto has turned into one of the biggest self-facepalms this message board has seen, and that’s going some. It has completely exposed the utter nativity and lack of anything more than scratch-deep comprehension of human systems at the heart of the whole affair
By that logic, you'll eventually get scammed by non crypto scammers as well.
Everyone who scams over the intenet, likes to be a diferent jurastiction than their victims for good reason.
So in the case some far off scammer convinced you to send money to a foreign bank account, the money is as good as lost, because it wasn't the banks fault, it was yours...and the scammer would have withdrawn the money from a bank account you'll never be given the details to.
If you fell for a crypto scam, at the least the authorities can follow the money across blockchains.
Crypto-scamming is a dumb thing to do. Any crime is on the blockchain.
No evidence no crime ... but in cryptoland if you scam, you're leaving evidence on the blockchain for eternity.
People moan on about crypto scams, but there is a high recovery rate because the money is easy to trace (for now) and the people behind such scams are stupid, I mean really stupid !!!
NoXion
Craicy the Squirrel
"Consumer, you have been accused of union organising. Since you cannot afford to enter a "not guilty" plea, the Mammon and Parasite Courts Company has defaulted your verdict to "guilty". Your sentence is 10,000 years in an iso-cube, suspended on condition of indentured servitude. Have a nice day, and don't forget to leave us a rating"
Shippou-Sensei
4:1:2.5
I mean I do think this either a paid shill or someone who has gone all in and needs to keep saying this less they realise what they have gotten themselves into.
Another bold proclamation you make is if you have such authority that everyone will take your word for it, without even offering a why or therefore.
A sarcastic response that doesn't counter a single point I made.
I realise exactly what I have gotten into, thanks.
We can all see it, my “friend”. It’s only you (and the perennial oddball qwerty) that think any of this is a good idea, and every word you utter is deepening that divide. It’s not you I’m talking to, but everybody else. You are the bold architect of this future, and your understanding of literally everything is being exposed post by post as being wafer thin, even if you personally don’t realise it.
What point? You think you made a point? You spoke a load of absolute twaddle about a subject you don’t understand. But what do I know, I’m only responsible for the oversight of risk in an insurance company. I’m sure you think you know much more about insurance operations than I do.
Storm Fox
Trying the find the next noun to verb
So with proof of stake, the rich get richer as they can afford to stake larger amounts. I thought this was for everyone.
You also missed the point the CBDC will be where large investors will invest as it has the backing of something other than some maths.
Your language is a bit vague there. It depends on what the problem is. Also, if no one actually said "computers will do it perfectly, instantly and for free" - then you're setting us up with a strawman argument.
It's been a good read. Current trends in crypto-utopia, offset by rational thinking.
NoXion
Craicy the Squirrel
Yes, but the difference is that right now, I at least have the potential option of redressing my grievances via the courts.
That doesn't seem to deter the legions of scammers who operate in the crypto space. Crypto bros get their wallets drained all the time. All that crypto seems to be doing is providing yet another attack surface for scammers and fraudsters to find and rob victims.
Bullshit. If Seth Green can't get his Bored Ape NFTs back without paying even more crypto for the privilege, then what chance do ordinary punters have?
Everyone can stake, it is for everyone.
If you want to see the real Robin Hood stuff in action, research the ENS airdrop.
Shippou-Sensei
4:1:2.5
Then try having a life outside of crypto.
This is a huge message board with only a tiny amount of talk about crypto yet you are stuck here proselytising like you were a televangelist who fancied a jet upgrade.
Go talk about something else for while. Might make you seem less weirdly obsessed with being into crypto.
Unless you are a shill and aren't allowed to use your account to do private stuff on company time...
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BigTom
Well-Known Member
You've waved away problems and claimed computers can do it perfectly and instantly with tax calculations. That's no strawman.
The free part is common claim for cryptoland despite transaction and gas fees actual history showing otherwise, like i said you haven't claimed that but plenty do.
Proof of stake is marvellous. At least, it’s marvellous if you’re a scammer.
The difference between this and non-crypto scams is that punters lost their $600m not because they had been scammed but because other people had been scammed. Because that’s what happens when you place control of a network in the hands of tokens — people can steal the tokens and use that to change the network.
The difference between this and non-crypto scams is that punters lost their $600m not because they had been scammed but because other people had been scammed. Because that’s what happens when you place control of a network in the hands of tokens — people can steal the tokens and use that to change the network.
BigTom
Well-Known Member
since you're replying to that post now, do you fancy giving me an answer to this claim:
Yeah? Definitely?
Go on then - legislation.gov.uk
Tell me what law specifically allows you to withhold taxes by declaring the government is unjust.
Do you remember the poll tax? Because lots and lots of people refused to pay the poll tax saying it was unjust. Do you know what happened to those people?
Monkeygrinder's Organ
Dodgy geezer swilling vapid lager
Counter my points then.
You don't see isolated posts from me that simply attack you and what I percieve you to stand for.
I've either posted arguments for crypto or countered your critisim. I may have pointed out that you misunderstand crypto, but at least I post up the whys and therefores.
You're not even debating. You're trying to win an argument with propaganda.
If your're serious about debate, then debate as is you are trying to esbtablish the truth. You can't do that by posting isolated ad hominem attacks.
You have knowledge gaps in crypto. I don't dismiss you as unqualified to have an opinion on crypto, yet back from you, you're saying I don't understand law because law is subjective!
Yeah, law is complicated subjective. Smart contracts ain't. Guess which one is fairer?
BigTom
Well-Known Member
Yeah, as soon as there's something you can't answer with a blockchain you reply like this. You know the answer is that tax laws are complex because they started simple and became more complex over time as governments tried to claim the tax they felt they were due and companies/wealthy individuals tried to avoid paying that tax. You know blockchain can't answer this struggle so you avoid even trying to because it would bring down your whole world view.
I'm out of any further conversation with you.
Ranbay
The same rules apply
What about my point when i was high and send BTC to the wrong guy for the wrong drug's? what about me?
Er, I’ll go for the transparent human system overseen by specific humans, Bob. Rather than the unaccountable black box programmed by geeks that think the social sciences are unpleasantly complicated.
I get that you think you’re making “points”, but you aren’t. For instance, your “point” in response to my lengthy explanation of why smart contracts don’t work for tax is to say it’ll be okay because we’ll “simplify tax”. As if that hasn’t been the stated goal of every government since the 19th century. It’s not your ignorance I object to so much as you remain stubbornly ignorant while telling experts you could do their job better. I don’t need to be a crypto expert if I’m not trying to reform crypto. You do need to be a tax expert if you want to reform tax. There’s no arguing with somebody whose “points” comprise “I have a magic wand”
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BigTom
Well-Known Member
yeah, that's what I'm expecting.
I ventured back onto the dark web recently and sent some XMR to the 'wrong' address. Still don't know how the scam worked - perhaps it was a fake site. I am wondering now whether the drugs market is moving away from the dark web and back to the offline world (eg county lines). Going back to cash again.
Ranbay
The same rules apply
I use telegram now and it's chock full of copy cat sellers, just went to order some cocaine, cos that's the only use BTC has for me, and some scammer messaged me and i almost fell for it cos it's like early and stuff.
NoXion
Craicy the Squirrel
I guess it's easier to send the goons round to break someone's legs when you conduct your business offline?
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