>>63991830

Miners BTFO

Crypto Rubble and digital shekel are in the works.

Will cut down black msrkets and prevent tax evasions. Tainted shekels will be reported to the IDF.

nerds got rich

mission accomplished

There’s plenty of startups that are using block chains in other areas. I have a couple of aquaintences that started a company for blockchain use in medical record transfers.

It’s just a way to validate transactions.

Doesn't a git tree count as a blockchain?

>what is BiTA

Ten years and no one's come up with a use for a website.
Everyone says the web, the technology underpinning internet such as web 2.0, is going to change EVERYTHING.
And yet, after years of tireless effort and billions of dollars invested, nobody has actually come up with a use for the web—besides meme speculation and illegal downloading.

>cut down black msrkets and prevent tax evasions

I always knew that blockchain would just turn into the exact opposite of what the libtards were sperging all over in these recent years.

>Satoshi Nakamoto, aka, Nick has around 1 million BTC in his wallet.

It had one use; using our computer wizard powers to dupe normies into giving us their money, voluntarily!

>A blockchain,[1][2][3] originally block chain,[4][5] is a continuously growing list of records, called blocks, which are linked and secured using cryptography.[1][6] Each block typically contains a hash pointer as a link to a previous block,[6] a timestamp and transaction data.
Yep. It does.

A good example of an idea that forces blockchains where they aren't necessary and isn't gaining traction

Although, another comment from stackoverflow gives a good reason why git isn't a blockchain:
>Blockchain is when there is a way of determining the main chain when two or more are diverted, and when no central authority is needed for that determination.

Is it going to be free from the current problems with blockchain in the future?
Is blockchain actually a good solution to the issue at hand, or did they just want to use blockchain for things?

>Kai Stinchcombe is CEO and cofounder ofTrue Link Financial, a banking and investment service for seniors.
Lol this dino knows he's gonna get fucked by crypto and is trying to FUD it down

I think it's more
>This is new and scary and I don't understand it

His arguments are rather solid. I didn't read the whole article, but it is true that people do not need an anonymous distributed ledger, they are used to and like to work with a centralized ledger that has a centralized authority.

>blowing him off because of his association and/or age and not reading his article
Whether or not his opinions are solid, yours definitely aren't.

Hell I didn't read it since I don't care. I dislike bitcoin. And we all know where it's headed; as transactions get harder and harder, transactions will become virtualised like real money is.
And so centralised authorised handle the virtualised bitcoin transactions, and then the government says 'we need to switch from a bitcoin based currency to a fiat one' and we're just repeating gold all over again.

Twister uses a blockchain as it's database.
Scuttlebutt uses a blockchain as it's database.
Author is an idiot.

So, aside from showing that using Google you can find software that uses blockchain technology, what have you proven?

I don't think twitter is.

kys Sup Forumstard

Twister is not Twitter.

I know, I hadn't heard of it before either.

Even the website I use to order kebabs accepts bitcoin now

>even
Makes it sound like it was one of the last places holding out on you.

game anti-cheat perhaps? and/or containing cheaters on their own forks

Wow, the universal acceptance is almost here.

>Kai Stinchcombe
Kai Stinkbomb XDDDD

There will be a use for it at some point, it's just the face that media has been shilling Buttcoins lately.

Dont post communist propoganda on here pls, take it to reddit

Achually, that's a bit of a rightwingish propaganda.
As the left are the rich white retards oppressing the poor class.

w-what about cryptokitties?

It's the dumbest and most expensive way to validate transactions, only really usable as a last resort.

>pay 10$
>actually also pay 20$ in transaction fees

Class warfrare is a classic commy talking point

>pay for your kebabs
>store waits for the transaction to go through before making the kebabs
>8 minutes later the transaction fails
>need to contact the customer again to redo the transaction
>repeat
I honestly don't see why a Kebab store of all things would get on bitcoin.
Maybe they're just trying to tap a market they think they have available to them, chances are they'll drop it within a month.

I "invested" $45 worth of electricity to get $500. Accomplishment enough for me.