All of you are fucking morons with no understanding of how financial markets work or could recite what the three...

Sorry but I don't think you understand the severe technical limitations faced by cryptocurrencies. They just don't scale well enough to actually see usage as a currency. Even the best can only handle a small fraction of the peak load of a service like VISA, and even VISA hardly represents the volume of all cash transactions.

Read Nick Szabo's paper entitled The God Protocol.

BASED AND AMERICA PILLED

Attached: 37299191_2241949982499778_5631921436206563328_n.png (668x1405, 177K)

"Prior to 1968, the gullible goy could take a one dollar Federal Reserve note into any bank in America and redeem it for a dollar which was by law a coin containing 412 1/2 grains of 90 per cent silver. Up until 1933, one could have redeemed the same note for a coin of 25 4/5ths grains of 90 per cent gold. All we do is give the goy more non-redeemable notes, or else copper slugs. But we never give them their gold and silver. Only more paper," he said contemptuously. "We Jews have prospered through the paper gimmick. It's our method through which we take
money and give only paper in return."

What if transactions of coins aren't the only use of a blockchain you fucking retard? Do you know what an anchor of trust or a smart contract is? No? STFU

>legislative branch
they propose and vote to pass bills
>executive branch
proposes bills appoint members of the judicial branch and veto bills
>judicial branch
decide whether or not stuff is constitutional

summarize it in less than 3 sentences

And australians are for big asian dick

Dumb contracts are dumb, and it still doesn't scale.

>3 branches from memory
Executive
Legislative
Judiciary
KYS effeminate kikeling

BCHABC IS THE PATRICIAN COIN YOU UNCULTURED SWINE.

Attached: nocoiner.jpg (958x676, 69K)

but what does each do

I was actually skeptical of blockchain at first, but after watching what Google and Youtube did to Alex Jones and others, I'm absolutely positive that we need a blockchain cloud architecture, the currency would be based on compute credits, and you could sell computation time on your computer. Others with static IPs could lease those out, etc.

What it says on the can

Attached: IMG_00000269.162193610_std.jpg (800x800, 45K)

Sacrifice american lives and labor for israel

Watch this: m.youtube.com/watch?v=3xGLc-zz9cA

i heard that an alternate use for it is a sort of virtual lock and key to keep information safe when sending messages etc

Where's the "anime = opinion discarded" guy when you need him?

>low IQ shitpost from australia
like pottery

I agree, though the jews got a hold of bitcoin with futures markets and some other bullshit that I stopped following.
I do think blockchain or things like it should be leveraged much more though, if things keep going the way they have, and conservatives are completely excluded from various tech and finance, we want to be ready for it not reacting. I feel like allowing things to get coupled to fiat will suck the life out of it and all anyone cares about is making cash.

I'll whup you like I caught you stealing my big wheel, sissyboy.

Blockchain is just a decentralized ledger. A ledger is just a recording that something happened. The reason blockchain is so promising is that no one entity can monopolize the system and act as a dictator, there doesn't need to be any trust to conclude a transaction.

i dont watch videos, put it in text so i can read it like a grown up does

cute blog. feel better now? just let it all out and breathe deeply bby

i didnt know you can fight lead

Attached: glock17.jpg (400x283, 9K)

come back when you can beat an Emu in a war

Attached: q2gCggt.png (600x450, 61K)

A grown up can understand something explained in more than 3 sentences, do I just told you to watch a video in one. Fuck off.

>1 post by this ID
COWARD

No one's got time for your shit kid. The ability to explain things concisely is also the demonstration of understanding. This is a third sentence.

mfw normies don't even know about Monero, ancap's wet dream, commie's nightmare

Good job OP you sure are a persuasive guy i am now a hilldawg

ok then smarty pants, give us a quick rundown. If you get all pissy when people disagree with you then you won't ever get anything done.

I'll repeat this again because it deserves repeating. Cryptocurrencies do not scale. They fundamentally cannot scale. In order to handle the same volume of transactions compared to a centralized system you need many, many times the amount of compute, network, and storage hardware, which will inevitably make transactions much more expensive and slow. There are hacks that try to work around this but they all sacrifice the originally intended simplicity and flexibility. It's a broken concept that will never work the way it was intended, and that pretty much makes it a scam.

Crypto will never be as good as gold or silver. In the far future there might be uses for it as a local currency or bank-internal currency, but it can't be used to subvert fiat with any success.

Anything can scale to a certain degree. For instance, you could have thousands of blockchains, and each transaction has a type of meta data attached that can then be hashed and masked in order to discover the correct "domain". Basically, just a federated, decentralized database. IDK, I'm sure something like this is possible.

you are the one bringing this to me, and you have provided no hook, just snark and intellectual grandstanding. i dont owe your gay made-up money this much time, i already have to deal with getting the kike's made-up money so i can eat

right, because gold can scale? can it scale to the point where I buy muh beer with it? no, it needs a third party. same with crypto, it needs a third party/2nd layer to function. although gold is great for storing large amounts of wealth, I'll give it that

>gold is great for storing large amounts of wealth

Actually, this is a bit of a myth. Gold requires storage and security costs. Without the backing of police and government, the people hoarding gold would have been eaten a long time ago.

It sounds a bit weird, but I think the greatest store of real value is something like aggro-forestry/permaculture/nut trees.

I dont care your jew money shit but those are nice anime tiddies and im saving them

user Jow Forums is literally just edgy 16 year olds. They don't even know who the people on the top of this board are. Jow Forums has five times as many users as it did before gg. If you are older than 16 and take this place seriously...
Well, I'd hate to be you

Nice tits. Didn't read whatever you posted though.

Shit thread derailed. Good work Bruce.

Executes, Legislates and Judges.

>aggro-forestry/permaculture/nut trees
Agreed, nut orchard is a dream of mine desu

Are you an edgy 16 year old?

fuck off faggot, its a 6 minute video and youre already on here. get over it