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An Antidote to Corporate Media
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2
WookieMan
2022 Aug 4, 3:14pm
WookieMan
2022 Aug 4, 3:14pm
Patrick says
People usually wait bi-weekly for a pay check. I don't know? Doesn't seem like a big deal outside of sending cash through USPS if that's how people send it.
I get society is immediate now mentality, but if you have a place to post content and monetize it, you do it.
One flaw in my "micropayment journalism" idea is the need to mail in cash to tip people or pay to view locked posts. It takes days.
People usually wait bi-weekly for a pay check. I don't know? Doesn't seem like a big deal outside of sending cash through USPS if that's how people send it.
I get society is immediate now mentality, but if you have a place to post content and monetize it, you do it.
4
fdhfoiehfeoi
2022 Aug 5, 1:19pm
fdhfoiehfeoi
2022 Aug 5, 1:19pm
I've never been able to successfully purchase crypto using a private method, so not sure what the point is. If you take credit cards, there's security risks, transaction fees, not that great either.
You could have people tell you how much they're sending, and pre-load the account. Probably better would be accept payment in gift cards. They can be sent electronically, or mailed, and I believe through the mail, may be faster than personal mail. Not sure if you can load them with small amounts though.
You could have people tell you how much they're sending, and pre-load the account. Probably better would be accept payment in gift cards. They can be sent electronically, or mailed, and I believe through the mail, may be faster than personal mail. Not sure if you can load them with small amounts though.
5
1337irr
2022 Aug 5, 1:23pm
1337irr
2022 Aug 5, 1:23pm
Cardano might be an interesting choice for a cryptocurrency...They are very libertarian-ish.
6
kmail
2022 Nov 20, 4:02pm
kmail
2022 Nov 20, 4:02pm
i'm just starting to look at bitcoin and the whole crypto thing... i can't see this going away anytime soon. can't put the genie back in the bottle... it's become something like a foreign currency to be exchanged on the market. 16k right now.. i suspect it will appreciate much faster than parking it in RE. :) on a 10yr horizon, this could be a nice investment after a lot of things are figured out thru trial/error of using/holding. hmmmmmm... what's wrong w/bitcoin again - other than the exciting volatility we're seeing these days? :)
7
Onvacation
2022 Nov 20, 4:14pm
Onvacation
2022 Nov 20, 4:14pm
You might as well make your own crypto-coin. It's not really money, it just consumes money.
Then all the people that aren't paying you now can pay you double.
Then all the people that aren't paying you now can pay you double.
8
Onvacation
2022 Nov 20, 4:16pm
Onvacation
2022 Nov 20, 4:16pm
kmail says
Are you trolling me?
hmmmmmm... what's wrong w/bitcoin again - other than the exciting volatility we're seeing these days? :)
Are you trolling me?
11
AD
2022 Nov 21, 8:53pm
AD
2022 Nov 21, 8:53pm
My 8 cents will be worth more than 1 bitcoin in about 1 year. So no thank you as far as crypto transactions.
Unless crypto is being manipulated and bitcoin will be further driven down before some big whales (i.e., major banks, hedge funds, etc.) buy it and repeat the boom - bust cycle.
.
Unless crypto is being manipulated and bitcoin will be further driven down before some big whales (i.e., major banks, hedge funds, etc.) buy it and repeat the boom - bust cycle.
.
12
Patrick
2022 Nov 21, 9:05pm
Patrick
2022 Nov 21, 9:05pm
kmail says
@kmail I think the primary weakness is the possibility of someone cracking it and being able to take all the money. Cryptocurrencies all seem to depend on the irreversibility of a given hash function, but maybe they are reversible. That is, given the right insight, it might take no time at all to come up with the input that causes the hash to return with a given number of 0's on the end for Bitcoin, for example. The difficulty of that computation is what it all depends on.
i can't see this going away anytime soon
@kmail I think the primary weakness is the possibility of someone cracking it and being able to take all the money. Cryptocurrencies all seem to depend on the irreversibility of a given hash function, but maybe they are reversible. That is, given the right insight, it might take no time at all to come up with the input that causes the hash to return with a given number of 0's on the end for Bitcoin, for example. The difficulty of that computation is what it all depends on.
14
WookieMan
2022 Dec 21, 9:04am
WookieMan
2022 Dec 21, 9:04am
Patrick says
This. And it's worth absolutely nothing outside of the marketing that it's the next currency and is finite. It's not. You can split it to a dozen decimal points. There's no asset of any kind. It's the definition of worthless.
I think the primary weakness is the possibility of someone cracking it and being able to take all the money.
This. And it's worth absolutely nothing outside of the marketing that it's the next currency and is finite. It's not. You can split it to a dozen decimal points. There's no asset of any kind. It's the definition of worthless.
15
PeopleUnited
2022 Dec 21, 9:23am
PeopleUnited
2022 Dec 21, 9:23am
WookieMan says
This and governments hate it, they will set up their own digital currencies so they can control every single transaction ( thereby forcing everyone to follow their rules) they will ban and confiscate/eliminate all digital assets that pose a risk to the great reset new world order agenda 2030 build back better agenda.
Patrick says
I think the primary weakness is the possibility of someone cracking it and being able to take all the money.
This. And it's worth absolutely nothing outside of the marketing that it's the next currency and is finite. It's not. You can split it to a dozen decimal points. There's no asset of any kind. It's the definition of worthless.
This and governments hate it, they will set up their own digital currencies so they can control every single transaction ( thereby forcing everyone to follow their rules) they will ban and confiscate/eliminate all digital assets that pose a risk to the great reset new world order agenda 2030 build back better agenda.
I could in addition or instead accept Bitcoin or Etherium, but there are problems with those as well.
- You still need to ultimately give someone cash for them, unless you have a massive mining rig.
- Bitcoin transactions take a long time to go through. Etherium is faster, but I trust it less because it gets support from the Saudis, for example.
- Mining either coin is a ridiculous waste of energy even if you don't care about the CO2 produced.
Also, could there be some kind of cryptocurrency mining that actually does something useful with all that computing power? Maybe work on protein folding problems? Seems hard to prove you did the work though.