It's a shit demo from college and I always wanted to share the concept but never made it presentable.
1,327 karma · joined December 20, 2011
It's a shit demo from college and I always wanted to share the concept but never made it presentable.
Humans are folly but the technology speaks for itself.
I imagine the signature must also be somehow related to his private/public key pair otherwise his blog is just junk cryptography and would have been easily debunked anyway?
There are not many people specifically acquiring bitcoin just to pay for steam games with it, where it will be converted right back. Maybe some to test. Questioning the value as a result of the "usd -> btc -> usd" transfer isn't really applicable because it just generally doesn't apply anymore.
"Oh, Einstein wasn't special, if he didn't get it, the next guy would have. Check out these folks instead." Somehow not sensing the irony that if we all did then worship the other ones you're talking about, you or someone like you would then just make the same claims on those people.. that they're not special, it was about timing and luck.
It's really not about the achievements for some people. (You.) It's just about having a person who only an elite recognizes. You're part of that elite and you're smarter for it because you see this other person's specialness and the rest of the world doesn't and you're better than them for it.
Einstein was great and original and irreplaceable. Your need to have found something better than what the common man worships doesn't make the other heroes you come up with worth any more, or Einstein any less. You just gotta get over it.
If they try to convince you that you don't deserve that much because the value of the company will rise in the future, ask them where the signed term sheets for the next round are.
Edit: I don't know much about this stuff so please correct me if I'm wrong but wouldn't the cost of the "externalized price per transaction" be (price_to_mine-block_reward)/number_of_txs. price_to_mine and block_reward would approach each other over time.
I want to be able to leave things in my car and not have to take them out or replace them each time I drive. My sunglasses, the car seat, old-fashioned maps. Maybe I'd like to be able to leave my potato chip wrappers in there without worrying about it, or maybe I'd like to own something where I'm guaranteed others haven't left their potato chip wrappers behind.
Cleanliness. Who else has been in this thing? Did they leave lice behind? Did they jam the window so that when I use the car, there's an annoying breeze?
Style. My car says something about me. Maybe I want rims, or to paint it with flames, or maybe just pink. What about that stereo system?
Status. My car is mine and I can afford it. Like watches, nice clothes, or big houses, it's something people desire.
Practicality. If I don't live in a city, how long is it going to take a rental car to get to me? Why not own one that sits in my driveway, so I don't have to wait for it?
There are plenty of great reasons to want to own a self driving vehicle, instead of renting them.
According to Gox, the theft was happening over a long period of time, not one lump sum. Transfers to this address began in April of 2012, which is consistent with the story.