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Evidence, eh? Like when you provided that evidence for widespread PV abuse? Oh, you didn't do that. Evidence doesn't seem to be your thing, based on your track record.


If that really was the case, then crypto would have such an awful reputation for scams and get-rich-quick schemes. Take-up would be much greater than it is. Big crypto exchanges would not be falling over left and right.



About £80,000.

You can only get £80,000.

I can get way more than that for many smart contracts and wallets - and when I can't, I simply wait for someone to underwrite it before signing up.

You lose.
 
It doesn't. Satellites are solar powered.
One of the things that is possible to cause a collapse in the major currencies is a massive solar flair and the satellites are fucked. Secondly, your need power locally to receive satellite signals.
 
One of the things that is possible to cause a collapse in the major currencies is a massive solar flair and the satellites are fucked. Secondly, your need power locally to receive satellite signals.
True. But we've had that tired circular discission already.

A) Electronic money would be the least of your worries (Be it money in the bank or on blockchain).
B) Gold comes in handy for those Mad Max style scenarios. I admit that I don't have enough physical gold!
 
True. But we've had that tired circular discission already.

A) Electronic money would be the least of your worries (Be it money in the bank or on blockchain).
B) Gold comes in handy for those Mad Max style scenarios. I admit that I don't have enough physical gold!
So crypto won't be better if all the major currencies collapse as that will only happen if there is a Mad Max-style scenario.
 
It doesn't. Satellites are solar powered.
If we’re at the point where power grids have failed and society is basically going down the toilet, nobody - literally nobody - will care about crypto. They will be too busy trying to find water to drink and food to eat.

You could say “the magic spreadsheet says it’s mine”, as much as you want, but the man with a gun will still steal your last tin of soup.
 
If we’re at the point where power grids have failed and society is basically going down the toilet, nobody - literally nobody - will care about crypto. They will be too busy trying to find water to drink and food to eat.

You could say “the magic spreadsheet says it’s mine”, as much as you want, but the man with a gun will still steal your last tin of soup.

The argument was about crypto v traditional money.

In a seperate post, I've already said that gold would be the currency of choice in such a Mad Max world.

And yes, I totally agree in such a scenario, we'd be murdering and eating each other's within days.
 
Yes quite right. The USD dollar collapsing wouldn't have any effect whatsoever to cryptos! Please. :rolleyes:
You made the point that crypto would be better than holding any major currency.
Other people have pointed in the event of all major currencies failing then crypto wouldn't be worth anything either.
Now I'm not sure what your point is.
If the USD crashed it is likely to crash crypto too as the two are closely tied.
 
You made the point that crypto would be better than holding any major currency.
Other people have pointed in the event of all major currencies failing then crypto wouldn't be worth anything either.
Now I'm not sure what your point is.
If the USD crashed it is likely to crash crypto too as the two are closely tied.
Where did I make a point that crypto would be better than holding any major currency?

I made a flippant remark about no-coiners blaming bitcoin and altcoins "when major currencies collapse".

I might have a heavy exposure to bitcoin and ethereum, but I would NEVER suggest that people put most of their wealth into crypto, especially people around here.

No one needs to.

Right now I'm working on qualifying for a number of airdrops with a small amount of capital. If it all comes off - let's make up an imaginary figure of £100k. There's no way, I would leave all of that in crypto.

I might have a load of USD, GBP and EUR but stored as stablecoins on ethereum, but I would never have it as pure Ether or Bitcoin - no no no.

EDIT TO ADD : When the traditional finanical system crashes, so do crypto, but then it normally decouples. Crypto is never entirely divorced from the traditional financial system. Interest rates do affect crypto.
 
Everything else can be taken from you.

You can't take crypto off someone who stores it right.

Blockchains keep on going, no matter what.
All very nice, but even assuming bitcoin were to survive a crisis big enough to take down the world's biggest currencies, why would it be worth anything? We're talking about a major systems collapse.

While money didn't evolve from a system of barter - we've never lived in primarily barter societies - when systems of symbolic value representation break down due to a collapse in confidence, the historical evidence suggests that we do devolve into systems of barter at least temporarily - see for instance Weimar Germany in 1923. In such a situation, one bitcoin would be worth less than a loaf of bread. Why would anyone even carry on mining it? It would just stop. It would cease to exist soon enough.
 
We’re really seeing here the anti-society alt-right wet dream at the heart of crypto. He’s all but salivating at the thought of total social collapse, and it just being rugged individuals competing with each other based on their magic spreadsheets. The idea that societies are built on thousands of years of evolved mechanisms, including its institutions, that allow us to each become way more than we would be in isolation — that has no place in this arch-capitalist’s utopia.
 
Well of course. Without social collapse there's no mechanism to usurp the existing winners of capitalism no matter how hard he wanks.
 
We’re really seeing here the anti-society alt-right wet dream at the heart of crypto. He’s all but salivating at the thought of total social collapse, and it just being rugged individuals competing with each other based on their magic spreadsheets. The idea that societies are built on thousands of years of evolved mechanisms, including its institutions, that allow us to each become way more than we would be in isolation — that has no place in this arch-capitalist’s utopia.

Ah yes, the politically correct version of the Great Reset. Not that nasty Jewish version being pushed by Soros and the WEF. Instead of that technologically dystopian capitalist hellscape, it'll be the other one.
 
Yes, you're very trying.

What is a "woke vote", btw?

Can it be exchanged for bitcoin?

Who cares? A woke voter is a just a tool, a useful idiot to someone.

Tell me, how many carbon credits can I buy with one bitcoin? It was a rhetorical question, because it's obvious you know fuck all about anything.
 
We’re really seeing here the anti-society alt-right wet dream at the heart of crypto. He’s all but salivating at the thought of total social collapse, and it just being rugged individuals competing with each other based on their magic spreadsheets. The idea that societies are built on thousands of years of evolved mechanisms, including its institutions, that allow us to each become way more than we would be in isolation — that has no place in this arch-capitalist’s utopia.

Nope. I am not. I am hoping no collapse of major currencies will happen.

I find it funny how lot constantly prove people with a differing right leaning view, to prove everything but at the same time, delude yourselves into believing that you know what everyone else is thinking.

How's you silly little bingo card coming along?
 
Who cares? A woke voter is a just a tool, a useful idiot to someone.

Tell me, how many carbon credits can I buy with one bitcoin? It was a rhetorical question, because it's obvious you know fuck all about anything.
Bitcoin is woke and middle class.

Canvass that, if you dare.
 
Ah yes, the politically correct version of the Great Reset. Not that nasty Jewish version being pushed by Soros and the WEF. Instead of that technologically dystopian capitalist hellscape, it'll be the other one.
low-angle-view-scarecrow-against-cloudy-sky-562838541-5aaf18adfa6bcc00360a609c.jpg
 
Try standing on my side of the room for 5 minutes.
It would help to provide links to evidence for at least some of your assertions.
You haven't explained how voter security to prevent coercion will happen in DAO votes. Or how DAO will deal with everyday things like buying laptops etc. The money for this has to come from somewhere, and at some point, as it is a DAO it will need to be voted on, whether at an IT budget level or individual item level.

And as you mentioned, you are going to form a community DAO how will that provide voter security to prevent the authority figure of the household from extending undue pressure?
 
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