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View Poll Results: Why did you buy cryptocurrencies?
Speculation - hope to sell them to the next high bidder. 69 50.00%
It’s a true currency. 9 6.52%
It’s a store of value. 31 22.46%
I don’t know. 29 21.01%
Voters: 138. You may not vote on this poll

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Old 11-13-2022, 06:56 PM
 
140 posts, read 79,229 times
Reputation: 80

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Blockchain is garbage. It does nothing more efficiently that what we can do now.
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Old 11-13-2022, 08:11 PM
 
10,864 posts, read 6,480,995 times
Reputation: 7959
question on crypto mining?
what happens if no one bother to mine a transaction,does it matter
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Old 11-13-2022, 08:40 PM
 
Location: Boston
20,106 posts, read 9,018,880 times
Reputation: 18764
will these coins fit in vending machines?
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Old 11-13-2022, 09:00 PM
 
Location: South Jordan, Utah
8,182 posts, read 9,213,174 times
Reputation: 3632
Quote:
Originally Posted by mojo101 View Post
question on crypto mining?
what happens if no one bother to mine a transaction,does it matter
If no one mines the blockchain stops. This is what makes Bitcoin so powerful, there hundreds of thousands of miners with many more in the wings.

Ethereum mining is done via proof of stake, meaning you place ETH in a contract locked up and verification is done via the staking.
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Old 11-13-2022, 09:02 PM
 
Location: South Jordan, Utah
8,182 posts, read 9,213,174 times
Reputation: 3632
Quote:
Originally Posted by skeddy View Post
will these coins fit in vending machines?
Yep.

https://www.coindesk.com/layer2/2021...nding-machine/
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Old 11-13-2022, 09:08 PM
 
Location: South Jordan, Utah
8,182 posts, read 9,213,174 times
Reputation: 3632
Quote:
Originally Posted by Wallee View Post
Blockchain is garbage. It does nothing more efficiently that what we can do now.

With your year of expertise I can see how you think that LOL.

Ya, money is so programmable in our existing system.


https://www.youtube.com/watch?v=YIVAluSL9SU
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Old 11-13-2022, 10:37 PM
 
140 posts, read 79,229 times
Reputation: 80
Hilgi is such a Crypto Bro. It cracks me up. Lol.

Keep buying, bro. Lol. “The technology” Lol.
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Old 11-13-2022, 10:52 PM
 
140 posts, read 79,229 times
Reputation: 80
Two more major Crypto firms have gone insolvent. So “decentralized”…

Crypto is crashing again.
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Old 11-13-2022, 11:32 PM
 
140 posts, read 79,229 times
Reputation: 80
Where is that VET guy that had $500,000 on VET when it was at 25 and said he’d buy more for him and his whole family if it ever got under 2 again? Well it is at 1 cent now.
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Old 11-13-2022, 11:49 PM
 
Location: Honolulu, HI
24,630 posts, read 9,458,962 times
Reputation: 22970
Quote:
Originally Posted by Wallee View Post
Blockchain is garbage. It does nothing more efficiently that what we can do now.
JPMorgan begs to differ.
Quote:
Now, JPMorgan, one of Wall Street's biggest banks led by outspoken bitcoin and crypto skeptic Jamie Dimon, has completed its first-ever cross-border transaction using blockchain-based decentralized finance (DeFi) in what's been called "a massive step" for the crypto space.
https://www.forbes.com/sites/billyba...h=11026871652d
Quote:
This week, JPMorgan completed its first live cross-border transaction on a public blockchain using the ethereum layer-two network PolygonMATIC -6.5%, designed to help ethereum scale, and a modified version of the aave protocol—a DeFi technology that allows people to lend and borrow without the need for a trusted third party.
https://www.forbes.com/sites/billyba...h=11026871652d

JPMorgan > random 1 year old City Data user
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