If that was the case, I would just be posting things like this :
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You should really stop being overemotional in your replies about your Bitcoins and crypto. No one cares if you believe Iâm a secret government asset sent on a special mission that is trying to take Bitcoin or crypto away from you.
Also; plural noun: ages
1.
the length of time that a person has lived or a thing has existed.
Like in âHe died of old age, waiting for a Bitcoin transactionâ
Apparently your emotional rant is inaccurate. I did not think of the lightning network neither did the Times in october 2021 ( The Future of Bitcoin is Complicated | Time ) so cool it a little with your attitude, we are still not certain itâs not a scam. Whether itâs fast or slow doesnât change the scam, it just changes who will be attracted to it. So, pal, if most people are so interested in it, care to tell me why so many magazines and sites are incorrect about the âso very simpleâ construct of crypto?
Feel free to add that question to the many you did not answer above.
Itâs pointless asking a question which is already public knowledge. If you are here to investigate then go ahead and do just that. Investigating actually involves searching for some answers yourself not waiting for others to tell you EVERYTHING.
Your perception of what an investigation entails seems wrong.
Instead of being very unclear, try
and add this
And make it into a story where an entrepreneur was stopped by a bank for helping his fellow countryment to use a âlightweight banking systemâ (cypto)
See, itâs not that hard to find cases where crypto might be a good idea because banks will never be efficient in those 3rd world areas. And worst case, they will run behind the system to facilitate it as it would actually be needed.
Your way of defending crypto is agressive and out of touch. Your replies are as bad as wht one can expect on a Reddit forum. But here, we are on the EVE Online forums. You will learn and adapt or keep getting wrecked. GFâs all around though. And if we meet at an EVE meet I will buy you a beer (or something else if you donât drink beer).
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Are you sure itâs Bitcoin that got âcorruptedâ? It didnât change much since those days. Itâs still the same thing producing blocks like clockwork to the same rules.
Obviously the established financial institutions, speculators and gamblers have started to pick it up because an asset with volatility is what they make profits with. But I donât see how that corrupts Bitcoin. Is Tesla or Apple âcorruptedâ because itâs stock gets gambled with at Wallstreet?
Just because such things could theoretically be implemented directly into the money, because Bitcoin is programmable money, doesnât mean that is the right place to do it. I assumed that was what you are thinking about here. Taxation and regulations of financial institutions is something that works even for paper money which has non of those feature and is 100% less traceable than Bitcoin.
We are here on the EVE forums, so I assume you are at least somewhat a fan of science fiction. There are so many cautionary tales in the literature about the complete surveillance state enabled by technology that I seriously have to ask myself why we are having this discussion here of all places. Do you really think the future society will only work in a complete panopticum? Where everyone has to assume at all times that they are watched? There are studies about this and they suggest that this is the perfect recipe for revolution and disaster.
Governments will always find a way how to get their tax money. At least from regular people. Maybe they can simplify it a little. Here is the current situation:
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LOL, youâre upset with someone telling you facts?
Most conversations have a conclusion, your convoâs will never have any conclusion youâll just go round in circles asking people to prove things that are already public knowledge.
The third world will mostly likely skip banking. The same way they skipped land lines and went directly to mobile. Most of their financial industry will develop on top of those new technologies. Because why would the introduce the less efficient system if there is already a better one available.
Meanwhile the first world will have a lot longer since we have all that accumulated technical dept of the current system we have to wind ourselves out first. And on top of that we have an established financial system with insane power because they have all the money that will do everything to drag this out as much as possible.
The Bitcoin revolution will be in the third world.
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No, they are ran by people who do not âtrust the governmentâ and practice âtax minimalismâ to maximise profit the the few while stealing from the poor. Then again, I do not drive a Tesla nor do I own any Apple devices. But if others do, why not, everyone is free to decide if that company is ok. No one heard about BlackRock until they decided to only invest in companies which have a strong social element in them, then all the posts and articles appeared on how they are the evil in power that needs to be erradicted. They might be evil, but those who know for certain didnât care until the âsocial ruleâ.
Ah, that makes me remember the âThou shall not swear in here, God can hear you.â with an " All-seeing eye symbol frames people used to have in their houses. It was removed and now we have devices that can record and moniort what we say, where we are and more 24/7. I think we are now already beyond the point where you tell me itâs the future. I donât know what the future will bring, I do not own a Delorian and lack the knowledge to put my quantum harmonizer in someoneâs photonic resonation chamber, let alone make a flux capacitor.
A very nice meme with a lot of truth, but it fails in two ways;
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It lacks to say why the government takes the money from the individual. Itâs like Bitcoin, If I bought 1 BTC last year, I consented to a -6.424,48 (13,76%) loss in value. No government saying âBrrrt!â though.
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at the end. The money isnât burned, it looses value when the government says âPrinter go Brrrrrr!â to the FED. And they do that to steer the economy in a certain way which doesnât always pan out right.
You fear the government can get corrupted and that is true, thatâs why there are elections and if the majority doesnât care about or understand it, a corrupted weak government will rule for the next 4 years.
No, Iâm just telling you why you are in the situation you are. Sorry.
LOL, what? My situation is that i have been earning great money for almost 2 years and have been able to dig myself out of poverty. It will take more than silly people on a forum to upset me.
Iâm bewildered by some of you guys silly and illogical approach. Thatâs all.
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Citation needed.
Not sure who you are targeting there, care to elaborate?
Professor Tucker and the University of the Western Cape have led this innovation and did a good thing to have the communities connect to each other in a mesh structure. I think you exagerate âpoorâ and âdoing things by yourselfâ. I would say the countryâs university did a good job helping the local villages advance in their living conditions. Itâs a good thing, but you make it look like âpoorâ villagers made all equipment themselves. Itâs now for them to keep it maintained, by locals that were unemployed. They got a training by the University, which is a good economical system. Please donât leave out facts.
LOL, you donât even remember the rubbish you type. not my job to remind you.
Iâm amazed that poor people can build their own wifi mast at a fraction of the cost they were quoted which works well and is solar powered. I would never know where to start if I was to take on a project like that. People need to stop thinking poor people canât do anything for themselves, they can do much much more than we know.
Lol, that sounds nasty. Yeah in a way we are full speed ahead into a distopian future. Everyone runs around with a spy-brick in their pockets already and credit cards are basically tracking every purchase people make. I think this is toxic for a healthy society so I do my part to tell people, help on open source projects etc that give people the power over their lives back.
I can understand if people are oblivious or indifferent to it. What I canât understand is people pushing for more surveillance. I think that is objectively evil.
So I canât see the future yes, but I can try to help shape it.
I think we all know why the government requires money to run. There are services and infrastructure that have to be built and maintained. Iâm not against the state or taxes. But I agree with the picture that they seriously overdue it. The inflation in the last picture is just another form of tax most people arenât even aware of.
Thatâs just because you picked two arbitrary points to measure it. Itâs a pretty weak argument and you probably know it. Everyone who looks at the chart can immediately see that we had a euphoric phase where it got extremely overextended, followed by a correction. If you extend your starting point only a half a year back you will suddenly be 300% or more up.
Yeah and I donât think they should have the power to do that and Iâm glad we now have the technology that it is no longer required, and they canât do anything about it.
In a few years we will all look back and think how silly it was that some people had this power once.
Iâm not in the same situation most people are. I live in a direct democracy, in some sense I feel like Iâm part of the government because in every important decision the people have the last word and can overrule everything.
So I donât really care much about the government here. They do all the boring paperwork and if they muck up they get a slap on the wrist and we take over the decision. They know that, so they donât usually muck up.
Itâs hart to explain to someone who only ever experienced a representative democracy, but itâs a difference like night and day.
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That is important, if you see a future where Bitcoin can replace the government-FED in a way it cannot hurt the working class and the poor, then by all means. Middle class and the rich have enough reserves so they donât suffer too much from most of the economical fluctuations.
To me, it sounds to good to be true though.
I donât think Bitcoin will fluctuate that much once it will replace fiat money. But that is still decades away in my opinion. In the meantime we will probably have algorithmic stable coins to still use the technology for payments.
Once Bitcoin is fully capitalized it will just be slightly deflationary.
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Thatâs a good thing, but as the professor said surprisingly openly âwhat makes people want Internet and what do they do with itâ makes you wonder if once they are hooked, will they crave the regional ISP who can give bigger bandwidths? I might be a little paranoid but that doesnât mean there are people out there to maximise on the profit.
I can see a market for very old mobile phones, as their mesh network isnât very fast nor dependable. [It shouldnât be for those consumers, before you counter it.] , I guess there will be a good evolution in the short run but what about the pollution that comes with it? I know itâs #NotMyProblem but I guess that will be a nice study for the University in a few years. They do have a local solar power manufacturer ( https://artsolar.net/ ) so thatâs good and GHI is very good. Donât know if they manufacture the APâs for the mesh themselves. But itâs a good think as they can use the Internet to educate themselves. I hope they get good ânetiquetteâ classes too. 
Where did you get this from?, the university is only there to do a survey they did not build or design it. it was built by the village, it says that clearly in the video.
If youâre bothered to look properly you will find that many poor parts of the world have genius people there.
Look, a 15 year old from Sierra Leone makes generators and other electronics.
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There are smart people everywhere, and out there they did not have the chance to start a business or go to university. As I recall, it was prime minister Thatcher who was behind the push for equality in opportunity in South Africa? Been a while.
And people need to work together is what Iâm saying. Not sure if I expressed it correctly.
Iâm slightly confused at this point, in one post you are saying that you are earning great money, but in the other state that you havenât yet fully recovered what you have invested?
If you havenât yet recovered the cost of your investment, (and mining is set to become less and less profitable as energy cap reviews occur), then in terms of income surely you have made a net loss. You have repeated again and again how Bitcoin has improved your finances but if you have spent more on equipment than you have earnt then it is simply not the case.
You may have a large number of graphics cards to show for it, but if electricity rises and mining profitability drops then any unrealised value that they current hold will simply disappear as the market becomes flooded with surplus cards from miners shutting down, and thats without the possibility of a major shift in gpu mining popularity once Etherium becomes proof of stake because all of that hashing power either has to shutdown or compete for income elsewhere.
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He does. But he also knows he needs to keep the hype up so the price remains high.
Thatâs the definition of a scammer.
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