the price of something in the market is a signal. The amount of money you have and how hard you worked to get it is a signal also. You need to match up all the data to decide if you buy something. Money is a signal
Money is a signal, your balance with the market. Price is a signal, the market telling you things about the world. Fiat spoils the accuracy of these signals. Government intervention also. We are blind to the signals
To be successful you must master the art of getting fucked. If you can't handle getting fucked over your destined to be poor. To be rich you got to learn how to get fucked and take it with a smile. In time you win.
Just the fact that the BTC people have no one to debate Roger Ver is pure defeat. The best public speakers in the BTC space (that will debate) are Tone Vays and Jimmy Song. Where is Andreas when you need him?
Tone Vays and Jimmy Song both proved they know nothing about economics or the crypto space on August 1st when they both predicted that BCH would fail in minutes. If you have not seen it you simply must.
The killer app for bitcoin wallets is an automatic tax calculation and book keeping with a few settings like (spend oldest)(spend newwest)(spend least profit)(spend most profit) you select how to calc. easy tax.
Give one of two men a gun and you have a situation where violence is the most simple tool, Give each man a gun and only reason can prevail. Reason is the weapon of choice among equals.
I agree government is about to change. I just think we should consider that maybe we shouldn't make everything dark, we should use these tools to watch the government
Just wanted to say,,, Gold was and is a ledger just like bitcoin. Gold was rare, and hard to fake. The ledger was a proof of possession ledger where if you had the gold in your hand you were able to spend it.
I hope the mixer comes soon,,, I would rather see that than "going dark" I think there is a downside to darkness. the collective "people" loose the ability to audit the governmen
we can "go dark" by using privacy features on top of a public ledger and keep the features of an open honest system, best of both worlds... we sacrifice nothing.
I think it's worth looking at the other side of the coin. Having a public ledger that we can use to keep governments in line is a feature. we shouldn't sacrifice this.
My thesis is that privacy tools on top of a public ledger will always be better than a totally dark coin. The "one coin to rule them all" will never be a dark coin.
so lets say I send you .01 monero,,,, can you ever tell it was my address who sent it?? if you can't then how can you follow it back to the source and see it is legit?