Blockchain thread

How does it integrate with Bitcoin? Blockchain is a glorified linked list, why is it so revolutionary?

>>1
greater fool theory
tulip mania
pump and dump schemes
digital monopoly money

people don't care about the technical aspects of blockchain, they just want to get rick quickly

I lost so much fucking money on crypto. Someone kill me.

Brainlet.jpg Buying virtual coins
NormalBrain.jpg Mining crypto with cheap electricity
Enlightened.jpg Not mining crypto because it promotes drugs and illegal activities
SupremeMind.jpg Not bothering to use crypto at all because it promotes vertical oligarchies of cryptocoin hoarders
GalacticBrain.jpg Not using even credit cards and only dealing with cold hard cash, the most private and reliable currency

>>4
super_galactic_brain.jpg hacking sites to mine cryptocurrency for you at zero cost
enlightened_fractal_brain.jpg hacking cryptocurrency exchanges to steal all their currency because cryptocurrencies don't do chargebacks so once you steal it they can never take it back

cryptofags: centralization is bad, we need to decentralize
also cryptofags: let's use central crypto exchanges and trust them with all our digital monopoly money, thereby centralizing the currency that was supposed to be decentralized

it's basically just like a bank, except a bank can reverse fraudulent charges, whereas a cryptocurrency exchange cannot

>>4
Cash not backed by physical assets isn't as reliable as you seem to think it is.

>>7
One requires 24/7 internet and power, with a secured key. The other is just a paper bill.
One you can counterfeit, one is a "trustable" public ledger everyone can see.

>>8
And neither has any inherent value, though at least you can wipe your ass with a piece of paper.

hey guise, I'm making my own currency, called progcoin

invest now, it'll be worth so much later!

something something cryptography something something investment

totally real value, everyone

if you criticize my project I will just call you stupid and say you only dislike it because you don't understand the technology behind it

man I am so much better than everyone else

>>9
Legal currency has a defined value and must be accepted by vendors/banks/organizations of a country. You're probably referring to gold standards, which ties the currency to specific amount of gold. Gold itself is tied to its value as jewelry/dentistry material and use in electronics.
Gold in abstract sense has no objective inherent value(unlike water which is required for life and inherently valuable), just rarity and permanence(doesn't rust) - people deciding on it as store of value and things like gold teeth make it valuable in specific contexts: if people decided a specific stone is a better store of value, gold would not hold that position of "reserve currency".

>>11
This is true, what the gold standard did was to keep currency inflation in check by tying it to a limited quantity asset. Now there's no limit on the amount of debt that can be issued.

>>11

Gold in abstract sense has no objective inherent value

wrong, it's a semiconductor, which is extremely useful for electronics

imagine being such a cryptocuck that you think digital monopoly money is the same as gold

>>9
Welcome to fractional reserve banking
>>11
Thant's called `fiat`, and it really has no value.
>>13
graphene conductors when?

>>14
graphene reminds me of the ``dependent types'' autist here

you're too rooted in the theoretical, not enough in the actual

>>1

why is it so revolutionary?

It is not. GIT which was released in 2005 also uses it.

>>13
Read the "Gold itself is tied to its value as jewelry/dentistry material and use in electronics." line.

The difference between Gold values:
Objective value: rare heavy metal, non-corrosive. No inherent use
.
Subjective value: can be used in jewelry(if one likes gold jewelry), in dentistry(if one likes gold teeth) and in electronics(copper is actually a better conductor, gold is used due corrosion resistance(and there are alternatives being developed to eliminate use of gold)
https://phys.org/news/2010-10-alternative-gold-electrical-applications.html

>>15
It's half a joke, half a question. Just like 5D nano-crystal memory.
The honest question would be how do we make the process of graphene economical viable than silicone. I know the demands, but cd burning graphite to graphene isn't more economical than petrol milling.

>>18
It's not funny anymore: once you can buy a house with said currency/trade means, reply back.
In the meantime, cryptocoins are memes.

>>20
>trade ur crypto for $$$
>buy the house
its the same as gold, you don't buy directly the house wiht gold

dubs in blockchain

>>21
Gold prices can't suddenly collapse(unless asteroid mining becomes really cheap) or change, they're fairly stable over time(mining and inflation of fiat currency are counterbalanced)
Cryptocoins can collapse in a single hour, major exchange being hacked can ruin a currency or cause a hardfork. There isn't any inherent use for crypto, and unless its using anonymizing networks all transactions are public.




.

Linked lists are cool they manage memory and money.

Everyone sees the list.

Can only append to it if they give pointers to monies.

>>18

copper is actually a better conductor

semiconductors are not the same as conductors
being a better conductor doesn't mean being a better semiconductor
you are a fucking idiot

doubly LinkedIn Lists
a doubly linked list made with linkedin accounts and the linkedin api
where each node sends a connection request to the adjacent node

>>26
oh yeah and each linkedin list node can only have a maximum of two connections: previous and next nodes
it's like friend lists but for linkedin

man this is stupid I should stop drinking so much and coming up with really idiotic ideas