全 35 件のコメント

[–]tuankiet65 2 ポイント3 ポイント  (0子コメント)

by mining a block the miner is rewarded with 25 Bitcoin.

It's actually 12.5 right now.

[–]nrki 10 ポイント11 ポイント  (2子コメント)

Bitcoin...criminals...criminals...criminals...criminals...criminals...

Ok thanks for the great analysis.

[–]tekproxy[S] 4 ポイント5 ポイント  (1子コメント)

I would've talked about all the other groups of people who distribute malware and also utilize Bitcoin but they don't exist. Or maybe I don't understand your criticism? I just wrote this because I read a lot of bitcoin ransomware teardowns that didn't even mention the address and a lot of the analysts I talk to don't know shit about bitcoin.

[–]nrki 0 ポイント1 ポイント  (0子コメント)

Sorry, that just leapt out to me in the first section. I decided to make a really facetious comment about it.

The analysis was actually good

[–]refusetoargueonline -1 ポイント0 ポイント  (30子コメント)

Lol. It should start with a breakdown of Bitcoin users first, they're the biggest issue.

[–]officeworkeronfire 4 ポイント5 ポイント  (14子コメント)

really?

[–]refusetoargueonline 7 ポイント8 ポイント  (13子コメント)

Yes. The Ring of Gyges. You can give a man a knife, and it's either a tool or a weapon. Give Bitcoin to an investor, they'd sit on it. Give it to the Bitcoin users and they relentlessly steal from one another and act like maniacs. That subreddit is hilarious.

[–]tekproxy[S] 4 ポイント5 ポイント  (7子コメント)

Can you help me understand your perspective? What do you mean relentlessly steal and act like maniacs? Do you mean the majority of bitcoin users act like that? Fiat users steal from one another and act like maniacs too.

Have you read the whitepaper?

[–]refusetoargueonline -2 ポイント-1 ポイント  (6子コメント)

Lol. Well played.

[–]officeworkeronfire 3 ポイント4 ポイント  (5子コメント)

I posted in here because I own crypto and have mined for btc and I'm not a savage.

OP doesn't even mention the few bigtime bitcoin thieves who steal coins from less than secure wallets and sometimes exchanges... The rabbit hole is much deeper than just ransomware.

[–]refusetoargueonline 0 ポイント1 ポイント  (4子コメント)

The rabbit hole is what makes it so interesting, but nobody wants their currencies and commodities to be interesting.

They want high return with as low risk as possible.

[–]officeworkeronfire 2 ポイント3 ポイント  (3子コメント)

I've used my coins to buy stuff and it's felt great knowing that my purchase is never going to get traced back to me.

[–]refusetoargueonline 1 ポイント2 ポイント  (2子コメント)

Of course it can, its happened plenty of times. And you can also use cash, which is pretty easy to carry around.

[–]officeworkeronfire 1 ポイント2 ポイント  (1子コメント)

I meant stuff you can only buy online(depending on where you live/safely) with crypto like drugs hugs

[–]officeworkeronfire 0 ポイント1 ポイント  (4子コメント)

That subreddit

/r/bitcoin ?

[–]refusetoargueonline 1 ポイント2 ポイント  (3子コメント)

Yessir.

[–]officeworkeronfire 2 ポイント3 ポイント  (2子コメント)

They ban people over there for saying anything the mods don't like.

Probably one of the worst subs on reddit that actually has regular posts. Full of cancer

[–]refusetoargueonline 1 ポイント2 ポイント  (1子コメント)

Thieves and liars. Endless entertainment.

[–]officeworkeronfire 0 ポイント1 ポイント  (0子コメント)

I find it sad in all honesty. Grown men acting like little girls and creating such a negative community. Thank goodness there are crypto users out there(and other subs) who know how to conduct themselves.

[–]tekproxy[S] 0 ポイント1 ポイント  (14子コメント)

How so? Do you mean the types of users? Or what most transactions are for or what?

[–]refusetoargueonline 2 ポイント3 ポイント  (13子コメント)

Yeah, the users make the whole thing corrupt. Everybody is trying to get rich quick, so it's an awesome series of scams and thefts.

[–]tekproxy[S] 0 ポイント1 ポイント  (12子コメント)

Ahh yeah, for sure. My first opinion was that it's nerd money for drugs. You might enjoy the white paper. True, right now it's insane, especially if you're mostly just reading the headlines. The paper gives a broader, more long term perspective. It describes a peer-to-peer decentralized ledger, with no single point which could fail or be coerced, where no party can cheat and participants are incentivized to make the network more secure (mining).

It can also be thought of as a system which guarantees certain trust functions. If the internet is a communication layer which facilitates sharing ideas, blockchains are a trust layer which facilitate disintermediation of industries which guarantee trust functions (e.g. banking / currency).

The book Cryptonomicon also describes something EERILY similar to bitcoin, and in that book one of the characters describes how, at first, of course a lot of criminals are going to use it for bad stuff, and I think that's what you're seeing right now. Some of that is just because it makes interesting news. I unfortunately don't think mainstream media are thinking they'll get a lot of eyeballs describing the difference between segwit, bitcoin unlimited, and segwit+2mb, but it's, imo, much more interesting than "$50k worth of bitcoins stolen from hospital using hackers-on-steroids-malware".

[–]refusetoargueonline 0 ポイント1 ポイント  (11子コメント)

It's not practical in any way. In ten years, the blockchain idea might be prolific, but magic currency will still be a scam.

[–]tekproxy[S] 0 ポイント1 ポイント  (10子コメント)

What isn't practical? Bitcoin? How so? I can think of several reasons but they're all technical and solutions have been proposed.

What do you mean by magic currency? Bitcoin or scams like onecoin? If Bitcoin, what is magic or seems magical?

[–]refusetoargueonline 3 ポイント4 ポイント  (9子コメント)

As a start, I enjoyed studying currencies in economics during college. There is a math and a reason to them, and there are simple requirements.

Store of value. If the dollar could fluctuate 20-100% in hours, it would be a terrible store of value. If it could go from $1,300 to $200 in days, nobody would touch it.

Medium of exchange. If your dollar is with a buck today, and fifteen tomorrow...you aren't going to spend it. Bitcoin is a terrible medium of exchange. It also takes hours to process, and is easily stolen. ONE THIRD of all bitcoins have been stolen. That's fucking insane beyond anything you can comprehend. If trillions of dollars were just stolen each year, people would abandon them rather quickly.

You're betting that this technology will become mainstream, but it won't. You can't have a currency that is also an asset. You wouldn't spend one Amazon stock on gasoline if it could be worth three times as much in a year. You wouldn't sit on a ten dollars in your dresser drawer simply because it might be worth $11 in two years.

It's a good idea, but Bitcoin in its current form is nothing more than Chinese thieves fucking with American and UK thieves.

[–]Dave9876 2 ポイント3 ポイント  (1子コメント)

Seems you pissed off a few buttcoin "captains of industry".

[–]refusetoargueonline 2 ポイント3 ポイント  (0子コメント)

Hopefully he doesn't SWAT me.

[–]tekproxy[S] 0 ポイント1 ポイント  (1子コメント)

I genuinely appreciate you taking the time to write up your thoughts. It's really useful to get a mainstream opinion on this.

I could explain why I think you're wrong, but I've never gotten anywhere with online arguments. I can just put my money where my mouth is and buy more bitcoin, tell you there are very good arguments in favor of deflation, and remind you that you might change your mind if you read the white paper.

[–]refusetoargueonline 0 ポイント1 ポイント  (0子コメント)

My last boss was worth $170M, from investing. We talked many times about cryptocurrency.

It's not a good investment. Good luck.

[–]achow101 -4 ポイント-3 ポイント  (4子コメント)

It also takes hours to process

That's false. A Bitcoin transaction typically takes 10-30 minutes, depending on your transaction fee.

is easily stolen. ONE THIRD of all bitcoins have been stolen

Do you have a source for that or are you just pulling numbers out of your ass? That isn't an issue with Bitcoin itself but rather with the security systems of the people or services that have had their Bitcoin stolen. Would you say the same thing about fiat if banks were being robbed and large amounts of money being stolen from banks (or stores/companies/corporations) due to their own poor security?

you can't have a currency that is also an asset.

Gold seems to have done that for quite a long time.

[–]refusetoargueonline 3 ポイント4 ポイント  (3子コメント)

Good luck convincing yourself.

[–]BCosbyDidNothinWrong -3 ポイント-2 ポイント  (2子コメント)

These thing are plain math, you can wallow in ignorance if you choose to. The blocktime for bitcoin is 10 minutes.

The market cap of btc is $20 billion USD. You think $6.5 billion USD worth of btc has been stolen?