You realize bitcoin is, like, intentionally designed to get around payment controls that allow third party chokepoints to, say, prevent you from buying automatic and semiautomatic weaponshttps://twitter.com/chamath/status/967443937412567042 …
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Just because a technological solution is interesting doesn’t mean it’s good for literally anything you nitwits
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You have arbitrary tokens of value that function as speculative vehicles tied to sovereign currency, those are not meaningful “digital assets” with any informational value, there is nothing meaningful to “copy”https://twitter.com/thetafferboy/status/969735500343988227 …
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The moment you encode anything useful into a blockchain form ALL THAT DOES IS PUT IT ON A BLOCKCHAIN!!!! BUT WHY???!? IT DOES NO ONE ANY GOOD!!!!!!!!
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And before anyone tells me about zerocash or http://keybase.io yes those things are great, they work great for all 10 people who need them
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BITCOIN IS THE WORST OF BOTH WORLDS BECAUSE IT INTENDS TO BE CENSORSHIP RESISTANT AND IT ISNT EVENhttps://twitter.com/alan8325/status/969737293215891456 …
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> rejects the idea of moral responsibility in payments systems as a fundamentally untenable idea, embraces censorship resistant tech > fails
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It’s a wildly volatile speculative vehicle tied to sovereign currency that is chokepointed by a small handful of intermediaries who comply with KYC!!!!!!!!!!!!!!!
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I could probably pull up every blog post from 2012 about what bitcoin can do and put a strike through every bulletpoint for the state of 2018
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By embracing bitcoin as a vehicle for speculation over a currency qua currency you undermined any possibility of bitcoin as censorship resistant money tech you dumb shits
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You’re just buying and selling Damien Hirsts to each other, it’s great that you’re making so much money but please stop trying to convince me that Damien Hirst is good
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"You cannot prevent digital assets from being copied," - All of the functioning cryptocurrencies beg to differ.
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You can copy the data, you just can't use the 'currency' more than once, and you can't use it at all without knowing the password or breaking the encryption. Or finding a flaw.
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Yes, you're correct. My simplified point is that the usable digital asset isn't copyable, which is a big deal and has a lot of useful applications.
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"You cannot prevent digital assets from being copied".. you sound kinda...hmm...misinformed?pic.twitter.com/ysNvAjzTFq
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You can prevent
$crypto assets from being copied and double spent using public/private key pairs stored in a public block chain. Not just hype. Unless someone can manipulate 51%+ of servers or break the encryption of the whole thing, such as with massive quantum compute power.Merci. Twitter en tiendra compte pour améliorer votre fil. SupprimerSupprimer
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Sarah, this a fundamentally wrong statement. Satoshi solved the double-spend problem with bitcoin. Some of your other points are at least debatable but this one isn't.
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I can't believe how retarded this tweet is. Preventing digital assets from being copied is literally what the blockchain does.
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Before you criticize a technology, you should understand how it works. Centralized banking relies on one corporation to keep track of balances. Bitcoin relies on the community. Scaling solutions like the LN will still emphasize and maintain
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1. Uhhh yes you can 2. Uhhh yes you can 3. Sure, decentralized solutions tend to be more complicated than centralized ones.pic.twitter.com/2aTpagPADW
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