TheBigShort
Registered User
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B/S you are not paying attention
Apologies to Negotiator, I feel I have inadvertently taken this topic off track.
Don't worry Big Short it was inevitable. In hindsight the Peter Thiel story was going to attract the 'hot air brigade' to the conversation!
I'll post another news story about the tech side of things to try to reset the conversation!
trascurabile as in La Donna e MobileRisky investment means that there is a non trascurable possibility that it’s value decreases sharply. For Thiel this risk is between 50 and 80%
Hot air? You posted the rubbish without even understanding what it said which says it all really. If you don't want people to point out how it doesn't make sense, then don't post it. Then we won't have any hot air. Actually most of your posts are just rehashes and links to what other people think. And you call others the 'hot air brigade' We can use the internet ourselves so save yourself the bother the next time you read some tripe after some vague google search and don't bother sharing it.
Hot wair?
In the meantime, my Twitter feed is advertising 'IBM Blockchain'.
You must be the most efficient civil servant in the country
NoAnd if they can do it for their business needs, why cant it be done for everyone elses business needs, including perhaps, but not restricted to, a payments system that requires no over-arching central authority to verify money?
Is this possible?
Any opinion on IBM Blockchain?
That is not straight forward maths. That's not even maths
La donna e’ mobileLa Donna e Mobile
I have a phd in maths, and worked in and around it for the last 24 years
I have a phd in maths, and worked in and around it for the last 24 years
Well actually it goes a tad beyond spellchecking. It is about the meaning of words in the English language. "Store of value" does not allow for a non transcurabile possibility of having a future value of zero. That would be true in Italian or any language for that matter. How were your language skills at school?La donna e’ mobile
Beyond the spellchecking, do you have anything else?
In any case, the article makes no sense at all and it deserves to be made fun of!
It has been easy to poke fun at this offering but there are interesting takeaways. I can now see three consituencies with wants. Quite distinct wants but each constituency is capable of convincing itself that bitcoin is the holy grail."Peter Thiel has once again endorsed bitcoin, which he recently argued is tantamount to digital gold.
And much like gold, the billionaire co-founder of PayPal conjectures that the cryptocurrency is destined to be a store of value rather than a means of payment.
"It's like bars of gold in a vault that never move," he told a CNBC reporter during a conversation at the Economic Club of New York last week, adding:
"It's sort of hedge of sorts against the whole world falling apart."
Consituency C. The disciples of Shortie Syndrome. These guys want an alternative to the corrupt central banking fiat.
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