Explaining proof of work crypto to someone who’s a complete newbie is much harder.
Hardly it is a flaw. Explaining how some stupid whatsapp works is much harder than that, but that does not prevent sheeps from using it. And using it sheeps loose much more than stupid money.
Revolutions have happened for less.
Don't remember any revolutions or even any backlash on prohibition of circulation of radioactive metals. Nobody could prevent governments to state that gold is now radioactive "because of science" and cause of cancer and diarhea. And all sheeple willingly will run to the "gold utilisation points" with their gold and will immidiately report on neighbour who "harm people having gold".
Tying up that many resources for the heat output is like buying a national park to make a single box of tooth picks.
Indeed. That is transaction cost flaw that should be fixed in future versions.
But still try to get the idea that people willingly go through that complexity to get that coins. If there was no demand in uncontrolled currency, people never would have been do that insane things.
Printing off your bitcoins for backup is an okay backup, but it completely erases the point of them in the first place, being a digital means of exchange.
Really no. Printing a wallet devirtualize cyrpto into reality. :) That paper is a complete representation of coins. You could use it like cash, just provide a password to that printed wallet.
You could even create a dozen of wallets, put some some small sum in each and print them. You literally print your own cash that have some real value.
Cloning the hard drive for a backup is agreed the best option
You don't need to clone your drive, just copy only important files and that's all. For crypto the only file you need to backup is wallet.dat.
But printing off a wallet and cloning a hard drive is another step average people aren’t willing to do.
So, why they whining about crypto, if they don't want to keep it correctly? It's just like entering a plane cockpit and began to complain about complexity of controls when you "just want to fly and that's all".
People are LAZY.
And stupid. So it is illogical to pity them, when they try to use things intended for clever and not lazy people and fail. If you are lazy and stupid - don't use things you don't know how to use. Or pay somebody to use them for you.
Alcohol prohibition failed miserably. The war on drugs is a joke and weed is legal here and in several us states as well as other countries.
I doubt that prohibition was real intent of government. When government really want to prohibit something, it works without problems. Again, look at radioactive materials. The picture is completely different from alcohol, drugs or even guns.
Plutonium is banned because of its use for nuclear weapons and reactors, and because of the sheeples fear of such things they’re okay with the that’s.
No, it is banned because it is a good and long-lasting source of energy that could make people completely energy independent. In no case government want a household that needs nothing from corporations to exist without falling to stone age.
I don’t see crypto in current form changing form the better.
Me too. Current version will be inevitably replaced by more advanced one. It can't be fixed. Only after few iterations crypto will be ready for use by any sheeple. It should pass its way, just like computers or other complex technologies.
As for sheeple who fall into traps of greedy swindlers who use new technologies to grab peoples money, there is nothing new at all. It happens right now with that AI crap, or "quantum computing", f.e., but only a crypto painted in black by media. Because idea of cryptocurrencies is dangerous for them. It gives people a hope of currency independence.
Explaining proof of work crypto to someone who’s a complete newbie is much harder.
Hardly it is a flaw. Explaining how some stupid whatsapp works is much harder than that, but that does not prevent sheeps from using it. And using it sheeps loose much more than stupid money.
Revolutions have happened for less.
Don't remember any revolutions or even any backlash on prohibition of circulation of radioactive metals. Nobody could prevent governments to state that gold is now radioactive "because of science" and cause of cancer and diarhea. And all sheeple willingly will run to the "gold utilisation points" with their gold and will immidiately report on neighbour who "harm people having gold".
Tying up that many resources for the heat output is like buying a national park to make a single box of tooth picks.
Indeed. That is transaction cost flaw that should be fixed in future versions.
But still try to get the idea that people willingly go through that complexity to get that coins. If there was no demand in uncontrolled currency, people never would have been do that insane things.
Printing off your bitcoins for backup is an okay backup, but it completely erases the point of them in the first place, being a digital means of exchange.
Really no. Printing a wallet devirtualize cyrpto into reality. :) That paper is a complete representation of coins. You could use it like cash, just provide a password to that printed wallet.
You could even create a dozen of wallets, put some some small sum in each and print them. You literally print your own cash that have some real value.
Cloning the hard drive for a backup is agreed the best option
You don't need to clone your drive, just copy only important files and that's all. For crypto the only file you need to backup is wallet.dat.
But printing off a wallet and cloning a hard drive is another step average people aren’t willing to do.
So, why they whining about crypto, if they don't want to keep it correctly? It's just like entering a plane cockpit and began to complain about complexity of controls when you "just want to fly and that's all".
People are LAZY.
And stupid. So it is illogical to pity them, when they try to use things intended for clever and not lazy people and fail. If you are lazy and stupid - don't use things you don't know how to use. Or pay somebody to use them for you.
Alcohol prohibition failed miserably. The war on drugs is a joke and weed is legal here and in several us states as well as other countries.
I doubt that prohipition was real intent of government. When government really want to prohibit something, it works without problems. Again, look at radioactive materials. The picture is completely different from alcohol, drugs or even guns.
Plutonium is banned because of its use for nuclear weapons and reactors, and because of the sheeples fear of such things they’re okay with the that’s.
No, it is banned because it is a good and long-lasting source of energy that could make people completely energy independent. In no case government want a household that needs nothing from corporations to exist without falling to stone age.
I don’t see crypto in current form changing form the better.
Me too. Current version will be inevitably replaced by more advanced one. It can't be fixed. Only after few iterations crypto will be ready for use by any sheeple. It should pass its way, just like computers or other complex technologies.
As for sheeple who fall into traps of greedy swindlers who use new technologies to grab peoples money, there is nothing new at all. It happens right now with that AI crap, or "quantum computing", f.e., but only a crypto painted in black by media. Because idea of cryptocurrencies is dangerous for them. It gives people a hope of currency independence.
Explaining proof of work crypto to someone who’s a complete newbie is much harder.
Hardly it is a flaw. Explaining how some stupid whatsapp works is much harder than that, but that does not prevent sheeps from using it. And using it sheeps loose much more than stupid money.
Revolutions have happened for less.
Don't remember any revolutions or even any backlash on prohibition of circulation of radioactive metals. Nobody could prevent governments to state that gold is now radioactive "because of science" and cause of cancer and diarhea. And all sheeple willingly will run to the "gold utilisation points" with their gold and will immidiately report on neighbour who "harm people having gold".
Tying up that many resources for the heat output is like buying a national park to make a single box of tooth picks.
Indeed. That is transaction cost flaw that should be fixed in future versions.
But still try to get the idea that people willingly go through that complexity to get that coins. If there was no demand in uncontrolled currency, people never would have been do that insane things.
Printing off your bitcoins for backup is an okay backup, but it completely erases the point of them in the first place, being a digital means of exchange.
Really no. Printing a wallet devirtualize cyrpto into reality. :) That paper is a complete representation of coins. You could use it like cash, just provide a password to that printed wallet.
You could even create a dozen of wallets, put some some small sum in each and print them. You literally print your own cash that have some real value.
Cloning the hard drive for a backup is agreed the best option
You don't need to clone your drive, just copy only important files and that's all. For crypto the only file you need to backup is wallet.dat.
But printing off a wallet and cloning a hard drive is another step average people aren’t willing to do.
So, why they whining about crypto, if they don't want to keep it correctly? It's just like entering a plane cockpit and began to complain about complexity of controls when you "just want to fly and that's all".
People are LAZY.
And stupid. So it is illogical to pity them, when they try to use things intended for clever and not lazy people and fails. If you are lazy and stupid - don't use things you don't know how to use. Or pay somebody to use them for you.
Alcohol prohibition failed miserably. The war on drugs is a joke and weed is legal here and in several us states as well as other countries.
I doubt that prohipition was real intent of government. When government really want to prohibit something, it works without problems. Again, look at radioactive materials. The picture is completely different from alcohol, drugs or even guns.
Plutonium is banned because of its use for nuclear weapons and reactors, and because of the sheeples fear of such things they’re okay with the that’s.
No, it is banned because it is a good and long-lasting source of energy that could make people completely energy independent. In no case government want a household that needs nothing from corporations to exist without falling to stone age.
I don’t see crypto in current form changing form the better.
Me too. Current version will be inevitably replaced by more advanced one. It can't be fixed. Only after few iterations crypto will be ready for use by any sheeple. It should pass its way, just like computers or other complex technologies.
As for sheeple who fall into traps of greedy swindlers who use new technologies to grab peoples money, there is nothing new at all. It happens right now with that AI crap, or "quantum computing", f.e., but only a crypto painted in black by media. Because idea of cryptocurrencies is dangerous for them. It gives people a hope of currency independence.