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Good luck convincing us that its a brilliant idea to rely on currencies where the prospect of such massive crashes needs to be baked into our thinking.

The only circumstances where I could have a proper conversation about some of the underlying technology would be if it was tied to a currency that was intrinsically stable. That would take all of the loud scumbags who are only attracted to this stuff because of the prospect of the currencies value soaring and making them a load of money (or making money via betting on crashes) out of the equation.
You haven't been reading my posts naughty!
I've always told normal people (Those that aren't in it to become rich) to keep some Ether and Bitcoin just on case the government goes rogue, just a hedge.
Apart from that, use Ether just for transaction fees when you decide to move money about for whatever reason.
The only circumstances where I could have a proper conversation about some of the underlying technology would be if it was tied to a currency that was intrinsically stable.
Historically, that has never been possible, because it can't be any one fiat currency for credibility and security reasons. Anything that's not fiat, would flucturate and the smaller it's market cap, the worse that fluctuation will be.
 
The times are publicly available.
For example realtimetrains.com which uses a feed from nationalrail that has public APIs anyone can connect to. https://www.nationalrail.co.uk/static/images/structure/css/NRE Feeds_Developer Pack v.01-05.pdf Not a blockchain in site.

View attachment 338282
I know plenty of people who swear blind the train was over half an hour late but was recorded as 1 or 2 minutes shy of that.

Only on blockchain's with independent data sources using oracles can we know for sure.
 
Most of us are mentally prepared for crashes of 95% - The rest used leverage and that's a mistake everyone makes - once.
Trans:
I bought my crypto at less than 95% its latest peak.

It's a common smug theme from crypto holders:
A real crisis hasn't happened until the price falls below what I paid for it, and I'm one of the clever ones who bought early. Everyone else? Fuck em.

But without those 'everyone else' your crypto would be worth jack shit. It's nasty stuff.
 
I know plenty of people who swear blind the train was over half an hour late but was recorded as 1 or 2 minutes shy of that.

Only on blockchain's with independent data sources using oracles can we know for sure.
So how pays for the additional independent data source? National Rail is an independent source the data is also used by signallers to know where the trains are so the data needs to be accurate

You can see the trains moving around here Live map of London Waterloo to Clapham Junction using the same data source.
 
Yeah I mucked around with that train data years ago when I needed an excuse to brush up on some programming skills. I could tell it was accurate because I could hear the trains it showed going past in real life in the distance.
 
The best bit is feeling all smug about being at the correct platform before your train gets announced.

How can you know it's the correct platform if it's not on a blockchain and just numbers on the announce board? Without a smart contract to enforce the platform blockchain, you're merely experiencing fiat smugness and not truly decentralised platform announcements.
 
How can you know it's the correct platform if it's not on a blockchain and just numbers on the announce board? Without a smart contract to enforce the platform blockchain, you're merely experiencing fiat smugness and not truly decentralised platform announcements.
Is that how desperate you have to be to win what you believe is an argument? To misrepresent people? Desperate stuff.
 
Is that how desperate you have to be to win what you believe is an argument? To misrepresent people? Desperate stuff.

Thats not said to win an argument, more like a bonus feature of taking the piss out of someone who is losing the argument.

You'll not win round these parts, too many people here are immune to the absolute crap you are peddling. Only the passage of time that actually involved some of your points of substance being clearly and sustainably demonstrated to be compatible with reality and the way humanity and its systems will actually evolve can hope to gradually change the bulk of opinion here. In the meantime you are just pissing in the wind and wasting your time and ours. And this place is something of a community, single issue posters will always be treated with suspicion.
 
Is that how desperate you have to be to win what you believe is an argument? To misrepresent people? Desperate stuff.
It's the Urban way.

Also the Urban way is random new posters assuming they know better than anyone else on the site who may also be interested in their pet subject. It never goes how they expect, because like you they're used to being The Cleverest Person In The Room and round these parts it's very very difficult to be that. Mainly because here, that status is earned. But partly because some really clever people post here (not me btw, in case that's not already clear)

If you would read the thread, you may find some thoughts on crypto that you have not encountered before. Now, you may not want that - in which case you'll probably find little joy here - but if you want to catch up (yes, catch the fuck up) you'll do some reading and return to this the last page a sadder and perhaps wiser being.

But that's me, Pisces, the dreamer :thumbs:
 
I like the mutually exclusive points that have been made.

It's easy for HMRC to take Tax / Wallets are anonymous and services exist to obfuscate how much money you earn.

Smart contracts are simple javascript / Smart Contracts are all that is needed and will account for everything 'Code is law' Also something something insurance which I'm still isn't clear if it some unregulated people or a Smart Contract, or how it works and who what decides to payout.

Crypto is trustless / you need to listen to word of mouth to decide which Smart Contracts are trustworthy

Crypto is simple to use and for everyone in a trustless manner / Most people need to use apps to interact with it.
 
So how pays for the additional independent data source? National Rail is an independent source the data is also used by signallers to know where the trains are so the data needs to be accurate

You can see the trains moving around here Live map of London Waterloo to Clapham Junction using the same data source.
Great. So we have near perfection. With near perfection, it wouldn't be considered as low hanging fruit for blockchain adoption but that doesn't negate any of my previous points that blockchain technology offers far greater privacy and security than conventional systems as well as a whole load of applications.

Blockchains:

  • Helps refugees with no documentation prove where they are from and which countries they have travelled through, no one has disputed that.
  • Allows ANYONE even a 6 year old, to make money from next to nothing so long as they have a mobile phone and laptop. I find it quite a revelation that school children can be financially free before they even leave school, by learning how to trade and invest. No one has disuputed that, because it's a fact.
  • Makes markets much more transparent and efficient, stopping any fraud from happening because everything is out in the open. No one can disuptute that, because it's a fact.
  • Zero knowledge proofs will allow people to prove something is true or false, without having to disclose any information. No one can dispute that, because it's a fact.
  • Companies will be able to do business with each other in a highly secure manner, in ways they couldn't previously, using trustless systems such as the Baseline protocol, A Microsoft invention, secured by Ethereum. No one can dispute that, because it's a fact.
  • Companies that have all of their transactions (Internal and external) on blockchains can be audited in seconds, saving time, money while cutting fraud, with transparency that is trusted by investors. No can disuptute that, because it's a fact.
  • Blockchain is and will be used much more in elections to cut out election miscounts, fraud, intimidation as well as making counts almost instantanious. No one can dispute that, because it's a fact.
  • Blockchain can be used to store personal qualifications in a secure and private manner, cutting out fraud in the jobs market. No one can dispute that because it's a fact.
  • Blockchain will be used to make the housing market much more efficient. If government data is also on the blockchain, including deeds, restrictions, pending planning permission, then the whole process of buying and selling will become a lot more efficient. No one can dispute that because it's a fact.
  • Property rights are much better protected on the blockchain, making it easier for people to put up their property as collateral, with a much better and fairer loans system, that won't discriminate against people. No one can dispute that because it's a fact.
  • Local communities have much better tools to organise in their areas, setting up DAOs to govern their groups, without fear of having bank accounts shut down if they don't align to certain narratives, or having their funds stolen. Those groups will find it much easier to run their own wealth funds to help out those in need within their own communities. No one can dispute that because it's a fact.
  • People can (and do) work for protocols rather employers, because protocols don't discriminate on the basis of race, ethnicity, sexuality, gender, religion or political beliefs. No one can dispute that because it's a fact.
  • Allows people with no ID, to particpate in the economy. No one can dispute that, because it's a fact.
  • Allows people to run websites without fear of censorship, raising money without fear of a financial institution cancelling them. Censorship resistant money and freedom of speech are almost the same thing. No one disputes that, because it's a fact.
I could go on.....
 
If you say you know what I think, it's not me who thinks I'm the cleverest person in the room, it's you.
I just know what I read. You do recall you've posted 213 times here, right? That's 213 windows into your reality and into your mind. You can't post that many words then get pissy when someone dares to imagine how you're thinking? That would just be absurd.
 
I just know what I read. You do recall you've posted 213 times here, right? That's 213 windows into your reality and into your mind. You can't post that many words then get pissy when someone dares to imagine how you're thinking? That would just be absurd.
I was being factual, not pissy.
 
  • Blockchain is and will be used much more in elections to cut out election miscounts, fraud, intimidation as well as making counts almost instantanious. No one can dispute that, because it's a fact.
Maybe we should all take one of these each? I'll take this one.

Elections are an excellent example of how low-tech, human-run systems can be best. Compare the UK and its paper and pencil with the US and its voting machines. Elections are safeguarded by the thousands of volunteers (including Tories!) who give up their time to act as invigilators. Human participation creates trust. The more technology you introduce, including your beloved blockchains, the more scope there is for fraud and distrust of the system.
 
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Others will do this better, but I can't help myself...
  • Helps refugees with no documentation prove where they are from and which countries they have travelled through, no one has disputed that
People can do this, already.
  • Allows ANYONE even a 6 year old, to make money from next to nothing so long as they have a mobile phone and laptop. I find it quite a revelation that school children can be financially free before they even leave school, by learning how to trade and invest. No one has disuputed that, because it's a fact.
Teaching children to make money for doing nothing. Sounds shit. Next..
  • Makes markets much more transparent and efficient, stopping any fraud from happening because everything is out in the open. No one can disuptute that, because it's a fact.
Ten thousand new opportunities for theft and fraud, and nobody will believe the victim because code doesn't lie.
  • Zero knowledge proofs will allow people to prove something is true or false, without having to disclose any information. No one can dispute that, because it's a fact.
I want my proof tangible. I want the information.
  • Companies will be able to do business with each other in a highly secure manner, in ways they couldn't previously, using trustless systems such as the Baseline protocol, A Microsoft invention, secured by Ethereum. No one can dispute that, because it's a fact.
Just trust Microsoft and whoever writes the code. Or have in-house coders, or everyone has to learn to code. Sounds shit, expensive, impractical and pretty inhuman. Anyway on we go...
  • Companies that have all of their transactions (Internal and external) on blockchains can be audited in seconds, saving time, money while cutting fraud, with transparency that is trusted by investors. No can disuptute that, because it's a fact.
That already happens with software like Intuit Quickbooks, that I can use myself, and supply chain databases already exist, that people can operate. Every keystroke can be recorded, CCTV etc etc etc there are already a myriad ways of proving what happens, when, and by whom in virtually any process.
  • Blockchain is and will be used much more in elections to cut out election miscounts, fraud, intimidation as well as making counts almost instantanious. No one can dispute that, because it's a fact.
No it won't. Voting is a human process, people want votes counted by people who are being watched by other people. Any other method will inevitably be contested.
  • Blockchain can be used to store personal qualifications in a secure and private manner, cutting out fraud in the jobs market. No one can dispute that because it's a fact.
Irrelevant, I have a safe and will bring my certificates in person.
  • Blockchain will be used to make the housing market much more efficient. If government data is also on the blockchain, including deeds, restrictions, pending planning permission, then the whole process of buying and selling will become a lot more efficient. No one can dispute that because it's a fact.
Rubbish. Plus, who cares? The housing market is poisoning our society, it badly needs to crash.
  • Property rights are much better protected on the blockchain, making it easier for people to put up their property as collateral, with a much better and fairer loans system, that won't discriminate against people. No one can dispute that because it's a fact.
Property rights ffs. Heard of the law? The police? Plus, 'property rights' ffs. As I said above, read the room.
  • Local communities have much better tools to organise in their areas, setting up DAOs to govern their groups, without fear of having bank accounts shut down if they don't align to certain narratives, or having their funds stolen. Those groups will find it much easier to run their own wealth funds to help out those in need within their own communities. No one can dispute that because it's a fact.
Yeah, or they could just use the library, school gym, church hall or community centre, like they always have.

This is getting silly now, however...
  • People can (and do) work for protocols rather employers, because protocols don't discriminate on the basis of race, ethnicity, sexuality, gender, religion or political beliefs. No one can dispute that because it's a fact.
Yes and as pointed out above, an inability to discriminate may not be the best way to even out social inequalities.
  • Allows people with no ID, to particpate in the economy. No one can dispute that, because it's a fact.
Like cash then.
  • Allows people to run websites without fear of censorship, raising money without fear of a financial institution cancelling them. Censorship resistant money and freedom of speech are almost the same thing. No one disputes that, because it's a fact.
Because websites are the only way to communicate? I'm amazed humans ever managed to develop culture at all before www3, thank all our irrelevant gods we now have coders to help us optimize our humanity.....etc
I could go on.....
I won't if you don't. Deal?
 
Great. So we have near perfection. With near perfection, it wouldn't be considered as low hanging fruit for blockchain adoption but that doesn't negate any of my previous points that blockchain technology offers far greater privacy and security than conventional systems as well as a whole load of applications.

Blockchains:

  • Helps refugees with no documentation prove where they are from and which countries they have travelled through, no one has disputed that.
How what ties a person to those documents that couldn't be done with a password-protected Google Drive account? Your Crypto keys are just a big password. Someone else could extort those keys from you.
  • Allows ANYONE even a 6 year old, to make money from next to nothing so long as they have a mobile phone and laptop. I find it quite a revelation that school children can be financially free before they even leave school, by learning how to trade and invest. No one has disuputed that, because it's a fact.
I'll just leave a :hmm: to six-year-olds messing with finance
  • Makes markets much more transparent and efficient, stopping any fraud from happening because everything is out in the open. No one can disuptute that, because it's a fact.
This seems like the best implementation, but how? If someone swaps the contents of some cartons for a box of widgets where is the proof?
  • Zero knowledge proofs will allow people to prove something is true or false, without having to disclose any information. No one can dispute that, because it's a fact.
I don't know enough about ZKPs to answer that. can you explain?
  • Companies will be able to do business with each other in a highly secure manner, in ways they couldn't previously, using trustless systems such as the Baseline protocol, A Microsoft invention, secured by Ethereum. No one can dispute that, because it's a fact.

  • Companies that have all of their transactions (Internal and external) on blockchains can be audited in seconds, saving time, money while cutting fraud, with transparency that is trusted by investors. No can disuptute that, because it's a fact.
    • Blockchain is and will be used much more in elections to cut out election miscounts, fraud, intimidation as well as making counts almost instantanious. No one can dispute that, because it's a fact.
How will it stop intimidation? 'Don't vote or have a nice chat with those guys in a pickup over there' or select intimidation of choice

  • Blockchain can be used to store personal qualifications in a secure and private manner, cutting out fraud in the jobs market. No one can dispute that because it's a fact.
  • Blockchain will be used to make the housing market much more efficient. If government data is also on the blockchain, including deeds, restrictions, pending planning permission, then the whole process of buying and selling will become a lot more efficient. No one can dispute that because it's a fact.
England has terrible house selling laws in some countries, Scotland and New Zealand / Aotearoa it's a lot better but you still need a survey of the house you are buying in case it's about to fall down, Blockchain would make it a bit faster, probably but not much. For one, you need still need to trust someone has recorded whatever on to the blockchain.
  • Property rights are much better protected on the blockchain, making it easier for people to put up their property as collateral, with a much better and fairer loans system, that won't discriminate against people. No one can dispute that because it's a fact.
Again how?
  • Local communities have much better tools to organise in their areas, setting up DAOs to govern their groups, without fear of having bank accounts shut down if they don't align to certain narratives, or having their funds stolen.
Regarding the funds stolen, there may be an exploit in the SmartContract. Plus if you were wanting to steal the money just need to get enough of your mates with votes to send all the money to whatever nefarious purposes that group have. The current system isn't perfect, this is worse. This has happened already fact. citation: Attacker makes off with $1.1 million after successful governance attack on the Audius web3 music platform
  • Those groups will find it much easier to run their own wealth funds to help out those in need within their own communities. No one can dispute that because it's a fact.
How
  • People can (and do) work for protocols rather employers, because protocols don't discriminate on the basis of race, ethnicity, sexuality, gender, religion or political beliefs. No one can dispute that because it's a fact.
Of course protocols can discriminate. If Person A does a bunch of things. which would be easy to find by looking at the Crypto records if you find those markers you don't promote them or whatever. Citiation https://rm.coe.int/discrimination-artificial-intelligence-and-algorithmic-decision-making/1680925d73.
  • Allows people with no ID, to particpate in the economy. No one can dispute that, because it's a fact.
  • Allows people to run websites without fear of censorship, raising money without fear of a financial institution cancelling them. Censorship resistant money and freedom of speech are almost the same thing. No one disputes that, because it's a fact.
Again how, plus if it's true it also all things we don't want on the web to be there.
  • I could go on.....
Please don't
Plus let's have some citations for your 'facts'
 
Can we use the blockchain to store a list of people who will be first up against the wall when the revolution comes because they think its great to enable kiddies to be parasites and gamblers?
Before or after the Marketing Division of the Sirius Cybernetics Corporation? :p
 
  • Local communities have much better tools to organise in their areas, setting up DAOs to govern their groups, without fear of having bank accounts shut down if they don't align to certain narratives, or having their funds stolen. Those groups will find it much easier to run their own wealth funds to help out those in need within their own communities.
Actually I want to revisit this. What 'narratives' are you on about? Some examples so I can understand why and to whom this is most likely to be a benefit. Call it 'doing my own research'.
 
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