Once someone hacked Bitcoin to give himself a bazillion bitcoin for free. Everyone else could see that - so they just patched the vulnerability - but Bitcoin was hacked.
Which means it's probably still being hacked but if someone was smart they would steal small amounts from everywhere. Fly under the radar and because it's "decentralized" if it's small enough and random enough no voice would be loud enough to silence it.
You know what's hilarious is that this is another problem that was long solved with the traditional centralized systems.
I will continue to laugh at the response of SWIFT after investigating the viability of block chain and crypto currency. I'm paraphrasing but it was basically "ya, nah".
For anyone who knows SWIFT is the largest network of financial transfers in the world and not owned by any one company.
I'd rather just take the one time lump sum payout of shorting it and flying over the radar. (Which that dude probably did) If you patiently exploit the vulnerability, then someone else might figure it out or notice.
You seem to agree with me that a cryptocurrency without purpose is garbage bloat damaging the environment however monero has taken up a majority of darknet purchases I'm not advising anyone to use crypto as a medium other than anonymous purchase and holding any for longer than necessary may f*ck you because of its volatility sry if my point came across badly in my ONE SENTENCE which made no statements about holding IN ANY WAY
Fuck Bitcoin and all of its energy and storage wasting.
If we had nuclear fission/fusion creating all of our power, I wouldn't care but we are still using oils and coal to produce electricity.
The world is seeing this effect, We didn't even have a fucking winter in Canada. Shit what tends to be the coldest month of the year we have already seen positive double digits (please join the rest of the world in using real units murika), hell I've biked to work WEARING SHORTS last week
I'm not saying I'm for bitcoin (though I am for a form a currency outside the control of any one government). It's just not going anywhere unless/until it's compromised.
I think the show does a good job at showing how easy it is for Dale and Bill to swap too. Just recently watched the episode where they basically end up in a ditch because they didn't really know how to use a digger - it's hard to tell who is dragging down who.
Crypto-whatsit? Is that something from one of Bobby's vid'ya games?
It's a new form of money, Hank. VIRTUAL MONEY.
Well, excuse me, Dale, but here where I live, in the REAL WORLD, we already have a perfectly fine money. It's called AMERICAN DOLLARS and it works just fine, I tell ya h'wat.
You say that now, Hank, but wait until the cyber-swarm-uprising of 2034 comes and replaces your precious "real world" with a virtualsphere so indiscernible from what you think you know as real! Wake up and see what's coming on the horizon!
