Is it reasonable or do you have to scrape through and make your own JSON?
54 karma · joined October 13, 2016
Is it reasonable or do you have to scrape through and make your own JSON?
Did you know that all fiat (government issued/backed) currency is inflationary by nature? The reason the Swiss used to be regarded for having the strongest currency was because it was still backed by gold. They are mostly fiat now sadly.
So you say Bitcoin has no long term foundation? How about a hedge against inflation? the USD will ALWAYS lose value over time ABSOLUTELY. If I don't want to lose the value of my fiat, and there is enough people who also feel the same way by exchanging it for cryptocurrency, in which direction can we expect the price of bitcoin to go ?
*sidenote - bitcoin is capped at 21 million tokens, hence NOT inflationary.
However, for argument's sake. People can counterfeit drivers licenses, or passports. Good luck trying to counterfeit something on the blockchain.
Edit: to expand on this, think of a poor country who doesn't have their technology up to par as a 1st world country. To build the infrastructure to even have that government database is costly versus using an already existing infrastructure to do most of the heavy lifting.
I obviously can't predict the future use cases, but an example off the top of my head might be something like a country issuing social security numbers at birth using the blockchain. Suddenly that "expensive" operation can be seen as extremely cheap given the utility. Go ahead and attack the example, but like I said, just something off the top of my head.
There is a pro-blockstream agenda on reddit, and bitcointalk (theymos owns both). coin dance shows what % of users are running whatever fork, shows volume , transactions, node counts, etc. etc.
Why does that matter? You can see the truth (data) for yourself rather than what people are saying/censoring.
However, It is true that as time goes on, volatility reduces. high price makes it harder to fluctuate as quickly, and as new bitcoin continue to get mined, the volume increases as well.
I'm not arguing the ethics of buying drugs, simply that this was a perfect use-case for cryptocurrency that did not exist before.
async/await?
I am using koa and was wondering if you ran into any gotchas that might help me.
also, what % of your code is server-side, versus clientside react?
it clearly challenges your beliefs/ideologies to a point that you spent the time to comment and try to frame bitcoin in a negative light.
Is it bitcoin (the software) scamming people? or is it humans?
and most importantly, what are your reasons for wanting bitcoin to fail?