HEY CRYPTO ACOLYTES!
Honest question out of sheer curiosity:
What are the technical boundaries within which the cryptographic technobabble (decentralised/distributed etc) has a legitimate use case? More precisely, within what boundaries of technology/service sectors does this crypto tech offer noticeably superior alternatives to currently existing and perfectly functional platforms?
To illustrate the question, consider the wide array of tokens and coins currently available or still holding ICOs. Majority of "shitcoins" notwithstanding, we end up with a sizeable list of "proven" ones which have clear visions, teams, communities and marketing. Among these coins are ones we are all aware of or holding some amount of, such as ETH, ANS, ARK, STRAT etc; they offer an array of features or services geared towards some specific markets.
I won't count the currency coins such as BTC, LTC, XMR etc because they have a clear purpose - currency and/or stores of value.
But at what point does joining crypto and some service just become weird/forced/not better?
I get the benefits of smart contracts, decentralised betting platforms, casinos, closed end funds and whatever else might benefit from being converted into a crypto format. But what kinds of services simply don't need to be decentralised/distributed, made into coins, or treated to whatever other buzzword get thrown about?
I've seen distributed computing, an incentive program, UBER clone, forum/streamer tipping, game skin token, gentlemens club, Netflix clones and so on and so forth.
How on earth would an UBER or Netflix clone, turned into a coin or token, and treated to "decentralisation", offer the same or similar service but do it BETTER? Doesn't UBER or Lyft and Netflix already have mastery over the services they provide? How or why precisely would this cryptobabble make any of them outperform the originals?
I invite anyone who might have a clue to discuss this. I'm just confused - why make EVERYTHING into crypto...
in the case of UBER wouldn't you have better retention of value, as there is no HEAD (central maintainer/authority) skimming profit off of what essentially is an agreement between rider and driver?
this,
in usual business u have this
person A wants something from person B person C makes a business out of this
these coins are trying to get rid of person C
On the note of decentralised storage, why are so many blockchains being created for different, specific, yet seemingly overlapping services in the wider picture?
If Sia offers secure decentralised storage that helps with tampering or manipulation, why did patientory come about? Or would storing data with Sia have drawbacks/downsides that make accrssing the data too troublesome? Or is it a simple matter of Sia not being optimized for this specific use of the data they would store? Namely the medical data and records of patients for quick referral in this case.
At the moment I can merwly assume there are little quirks that fundamentally change how any of these services might work and thus each service having their dedicated blockchain/platform is a necessity. Is this what ARK supposedly seeks to solve aswell? Cross-blockchain activity?
>>2838132
So the argument can be made that presenting the people a fully decentralised Uber-like platform, you'd simply eliminate the middleman, in this case UBER itself? Saving on fees and whatnot? What body then agrees on what prices need to be paid per kilometer? What body then checks that the drivers' cars are in acceptable conditions? What body handles disputes, cases of violence or ensures drivers are sound of mind and don't cart off with a girl to the woods?
Or would that be the magic of it? You mark yourself as "in need of a ride", drivers see you as available and come pick you up, at which point it'd be wholly up to you to determine whether you want to get in the car or not? And how would rating drivers for good/bad services rendered work? Would it have known names riding around, or would everyone be anonymous? So many questions.
Thanks for your input though!
>DGB
BUY SMARTCOIN ON YOBIT RIGHT NOW
I'M ABOUT TO PUMP THIS SHIT, YOU'RE GETTING ON THE GROUND FLOOR
>>2838016
LAST WARNING, BUY SMC
SERIOUS THREAD
With cryptocurrency and blockchain being fairly new technologies, there is still much to learn and explore about them.
I have requested to an esteemed professor, my mentor, to allow me to do my undergraduate research project / thesis on the tech behind crypto and or the blockchain.
I am taking requests as to what I should research. What would you fags like to know more about? What parts of this field need fixing, expansion, or analyzing?
Until cryptos become widely accepted AND USED by all people throughout the world to buy goods and services, their value is ENTIRELY speculative.
I want to help usher in the Age of Lambos for you bag holders by actually advancing the technology and information base behind shitcoins.
I will try to reply, but am very tired so if I don't, just know I WILL read your post in the morning.
Thanks in advance
Nice, just researched 100k
>>2838015
>With cryptocurrency and blockchain being fairly new technologies, there is still much to learn and explore about them.
not there is not, its all scams the only good projects are Bitcoin and Monero.
get fucked cuck
Anyone hear of SEC right now? Will it dip any lower, seems like a good buy in point for a long term hold
>>2837967
If i had coin to pump i wouldnt be wasting it in a place like this. Give me a small loan so i may pump up some coins
>>2837983
I hope this was bait but if you're talking about safexchangecoin I don't know much about it.
Fuck guys I can't wait for the Bitcoin ABC fork. Fucking free coins nigga!
Who's gonna buy Bitcoin Cash?
>>2837953
I like the idea of bitcoin cash
So would you still buy off Coinbase. I only have 1k in crypto and holding a few LTC on there so is it even relevant to be afraid of the IRS. They're only going after the big fish right?
Fill out capital gains form for your crypto gains, and you will be fine.
>>2837973
>reporting gains
I have money, but Im socially awkward. Is there some way I can pay someone a fee to find a gf for me? I would want her to have already agreed to date me before we meet.
>>2837948
You need an entourage, have a group of friends and just make sure a few of them are good with the bitches and the rest a bit sociable and just feed off their energy and get them to flow the bitches to you. I could say more if you can send some btc my way
13aez7VJPqp5Jk452j4W12yH6pk8KDJ94B
Your relationship will fail if you do this. Humans have instinct and nothing will overcome it.
Since you're a loser, just keep accumulating wealth. Your penis will still be functional for years to come. Keep doing your thing. Make yourself happy. Chick's will come your way.
DGB
>>2837947
why did you post a picture of boots?
>>2837972
a representation to how dgb sperged out in front of femanon and fell onto the floor and can now only see her boots
>>2838020
>HER boots.
Alright listen up because this may be the single greatest opportunity in the current bull market.
Has already been accepted onto daydream VR store
Is working with HTC to bring it to VIVE
Is currently lower than the massive spike that the aforementioned news brought like a week ago.
This shit is a ticking time bomb.
you fuckers are welcome
>>2837944
Nice just bought 100k
>>2837944
actually thinking about getting into this one
looks neat
I think that if BTC was going to moon and break ATH, it would have already done so. Everyone knows BIP 91 passed, even the Chinese, so there is no reason for a potential pump to no have occurred yet.
In light of this, I expect a slow bleed out back to 2500 at least. Screencap this.
wrong. this stupid debate has been going on for over 2 years. people still don't really believe it's over.
>>2837931
But the Chinese know you know that everyone knows BIP 91 passed, so they would save their pump knowing that nobody would expect a pump way after BIP 91 passed instead of closer to when it passed
It's going to crash back to 2100 before the end of the tomorrow. BTC will never reach 3000 by the end of this year.
Dump viacoin at 45k. Happens tomorrow.
I buya 100k desu.
How can you be sure that cryptos are real and not just people editing HTML code?
exchanges are essentially that. or at least they could be. that's why you take your gains off the exchange.
because i trust people to be assholes
I've thought about this too. Say I buy 2 bitcoins tomorrow. That's a lot of sats. Where did all of this come from? It's all pieced together. 10 million X 10 million X 16.5 million Xs how many it's been traded up until I buy.
Guys this sudden recovery got me scared, history is repeating itself.
Are we currently at the "back to normal" stage?
>>2837904
yes buy back in at 2400-2500
>>2837922
Seems too high, more like at 1800-1900
>>2837904
No, it's a bull trap. Normal is pre-2017. Expect a massive crash tomorrow.
im doing you all a favor, cash in your btc for rsgp and thank me later
i told you all weks ago and now look at the price
also meet me in wild at green dragons w2 lol and you will lose ur bank lol
rsgpcoin.com
>>2837855
Nice just bought 100k
>>2837855
Nice just bought 100k
>>2837855
Nice just bought 100k