The_Black_Log Foler
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I’ve seen some pretty interesting use cases for logistics tracking and healthcare.
Bitcoins/Litecoins/Virtual Currencies
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Guest, it's time once again for the massively important and exciting FoH Asshat Tournament!
Go here and give us your nominations!Who's been the biggest Asshat in the last year? Give us your worst ones!
Flobee
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Theoretically so have I. I haven't seen anything in production though, in fact I'm not aware of a single corporate block chain project that's been successful. Perhaps I'm just ignorant on that though
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Any application that needs an immutable ledger of activity can benefit from the technology. But the fact is a ledger is only as valuable as peoples trust in it, and we haven't reached a point where people trust the concept of blockchains and cryptocurrencies yet. I know a person who wrote their doctoral thesis on leveraging blockchains to provide for essentially bulletproof election processes while maintaining voter anonymity for instance.
Part of the reason for this I think is that the places that have the largest needs for blockchains in terms of logistics only need to trust their own stuff. In which case traditional databases and methods work fine. It's only when multiple entities have to have a common shared and trusted ledger that you start leaning into how blockchains can really show benefit. The concept of deeds/titles/etc is one of those areas, but as you mentioned, we just don't have the legal framework yet and there will be a serious turf war over control/definition of what is a "legally binding blockchain".
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The_Black_Log Foler
PalsCo CEO - Stock Pals | Pantheon Pals
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Yeah that’s the vibe I’m getting. Not sure that guy understands the technical aspects of ETH and NFTs.
Flobee
Vyemm Raider
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Ah, and now we've entered into the part where you decide that I'm clearly too stupid to understand how good your pet coin is. You're progressing well in your slide into
coining as expected. I look forward to your inevitable discovery of the coin that's going to change everything and make the whole forum rich... if they just buy it. I'll be here to tell you its stupid then, and I'll be here to remind you it was stupid when it dumps in the next bear market.My goal in this thread is simply to keep ignorant people from getting scammed. You were asking very basic questions about wallets a month ago, but now you're clearly far more advanced than myself on these subjects. Good luck man
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The_Black_Log Foler
PalsCo CEO - Stock Pals | Pantheon Pals
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Brother, calm down. You sure are making a lot of predictions solely based on my one opinion. Is everyone who disagrees with you on some aspect of crypto by default put into this little bucket of yours?Ah, and now we've entered into the part where you decide that I'm clearly too stupid to understand how good your pet coin is. You're progressing well in your slide into
My goal in this thread is simply to keep ignorant people from getting scammed. You were asking very basic questions about wallets a month ago, but now you're clearly far more advanced than myself on these subjects. Good luck man
Flobee
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/shrug just reacting to how you post. I've been active in this thread for 4-5 years now, just going off past posters in here. Happy to be proven wrong but in my experience people love getting scammed, can't help themselves
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The_Black_Log Foler
PalsCo CEO - Stock Pals | Pantheon Pals
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OU Ariakas
Diet Dr. Pepper Enjoyer
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My guy, even if your predictions are 100000% correct and BTC becomes the de facto reserve currency of the world there is going to be at least 1 other "shitcoin" that is going to be the place where dissident money congregates. Who knows what that coin will be by the time your prophecy is finally fulfilled; but there will absolutely be something that manages to capture 5-30% of the market simply by dint of it being *not* the reserve.
Flobee
Vyemm Raider
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Sure, maybe. I bet its not gunna be your favorite
coin though. Regardless I'm not really sure what your point is, I've never said that the value of these garbage coins won't go up, nor have I said that there will never be one that has value. My entire point is the current crop and presumably anything in the immediate future is crated solely to take your Bitcoin from you. They have no value outside of degenerate speculation is their main differentiation from Bitcoin. There are varying levels of scamminess to them. Something light Lightcoin or Monero was probably a genuine attempt to make something useful, if unsuccessful, while Ethereum was designed as a scam to soak up Bitcoinfrom the ground up.
Tmac
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The_Black_Log Foler
PalsCo CEO - Stock Pals | Pantheon Pals
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Tmac
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Wut? No, it has no back seat or range. My 2024 RAM is being built.
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Arden
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SEC moves to sue Uniswap in bid to hobble fast-growing DeFi sector
The SEC's impending lawsuit against Uniswap Labs will be a major test for the emerging DeFi sector.
This is going to be interesting. One of the biggest things holding Defi back has been the fear of regulation. Specifically, that the SEC would bring the hammer down on Defi and completely detail it. This is basically the hammer being brought down. If the SEC loses this lawsuit Defi (and Uniswap specifically) will explode. If the SEC wins, it will be a major step back for the Defi industry (but probably not a death blow).
Who knows what will ultimately happen, but the SEC does not have a good record in court against crypto so far...
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