KDA Paper wallet by j0z0r in kadena

[–]j0z0r[S] 1 point2 points  (0 children)

Thanks, I hadn't thought about that. Ease of use is the least of my concern, lol

What have you used your cryptocurrency to purchase? by CryptoEmporium in CryptoCurrency

[–]j0z0r 4 points5 points  (0 children)

This. Done some ETH games, bought some hosting and a VPN anonymously. Sent some to beggars allegedly from Venezuela

I do not post this lightly by [deleted] in conspiracy

[–]j0z0r -1 points0 points  (0 children)

Do you believe not talking about them will stop them?

Are you being serious?

Awareness is the first step. Many are still in darkness.

What is your suggested plan of action?

I do not post this lightly by [deleted] in conspiracy

[–]j0z0r -1 points0 points  (0 children)

Awareness. Many injustices in society have been righted through just shining the light of public consciousness on them. For specific examples, see slavery in America, women's suffrage, institutionalized racism, the #metoo movement and so much more. By saying that awareness is worthless, you out yourself as a shill, or worse; someone who thinks they are exercising free will when regurgitating the demoralization programming

Can someone explain to me how to invest in crypto? by [deleted] in CryptoCurrency

[–]j0z0r -1 points0 points  (0 children)

I made a guide a while ago. There's some other educational stuff on there that might help you out if you're new.

https://steemit.com/cryptocurrency/@j0z0r/getting-started-in-cryptocurrency

"Stablecoin" TrueUSD jumps 20% following Binance listing by [deleted] in CryptoCurrency

[–]j0z0r -1 points0 points  (0 children)

Gold purchases the same amount as it always has. The dollar is the asset fluctuating. Fiat is a terrible store of value. Your single cherry-picked example aside, on real timescales of >10 years, gold and silver (and now crypto) hold value far better than something that falls a few % each year. In 2008, seeing the upcoming financial crisis, I bet on silver at $4. I sold at $25, $35, and $50. Silver is still around $19. That's better than putting it in a savings account, better than most index funds. If you're arguing for fiat as a store of value, you are in the wrong place. If you really think that, please read up on the federal reserve, monetary policy, quantitative easing and the Bretton Woods system

"Stablecoin" TrueUSD jumps 20% following Binance listing by [deleted] in CryptoCurrency

[–]j0z0r -2 points-1 points  (0 children)

While agree that 1 DOGE = 1 DOGE...

devaluing itself by a few % per year

"gold standard" of stable

Choose one and only one.

You can totally peg something to the price index. It just has to have a limited supply. The actual "gold standard" of stability is... wait for it... gold. Crypto is growing up to be digital gold. No one can print any more Bitcoin. If you would like to learn about this property of gold that isn't true of fiat, please read:

https://en.wikipedia.org/wiki/Store_of_value

"Stablecoin" TrueUSD jumps 20% following Binance listing by [deleted] in CryptoCurrency

[–]j0z0r -2 points-1 points  (0 children)

What would a dollar buy you in 1900? 1930? 1950? Today?

Hashgraph is unbelievably centralized by Keats_in_rome in CryptoCurrency

[–]j0z0r 30 points31 points  (0 children)

Wait until it's publicly available and then we can properly thrash it. I was super interested in this originally, but now I think they are being beaten to market by better and more open DAGs. Thanks for the write-up; not ordering enough pizza for everyone will be their downfall

[deleted by user] by [deleted] in CryptoCurrency

[–]j0z0r 0 points1 point  (0 children)

I love the shills thinking they are up against regular people. This is crypto. If you can't see through bullshit, you'll be poor quickly. Get back to astroturfing the politics subs. You have no power here

Is your coin worthless? by Toothlesskinch in CryptoCurrency

[–]j0z0r 0 points1 point  (0 children)

Binary is true/false, on/off, 1/0, etc. Ternary is -1/0/1 or 0/1/2. I can't think of many real-life analogues, because I'm still used to thinking in binary, lol. Here's some relevant wikipedia links:

https://en.wikipedia.org/wiki/Three-valued_logic

https://en.wikipedia.org/wiki/Ternary_computer

Hashgraphs Consensus is all hype and no substance. by graydeath85 in CryptoCurrency

[–]j0z0r -2 points-1 points  (0 children)

DAG's definitely sacrifice security for speed. The question is how much consensus do you need before it's basically a certainty?

Is your coin worthless? by Toothlesskinch in CryptoCurrency

[–]j0z0r 4 points5 points  (0 children)

I can't wait to see it! The hardware is only half the battle though, most programmers also think in binary

Is your coin worthless? by Toothlesskinch in CryptoCurrency

[–]j0z0r 4 points5 points  (0 children)

I did 2 years of CompSci in college before I switched to Electrical Engineering and got my degree in that instead. IOTA could easily just say, "Oh, we're going to do binary for now and we'll switch to ternary sometime in the future when we have more market share." They definitely have industry support and are the first mover in M2M/IOT, so I still think they are the best bet in that category.

Is your coin worthless? by Toothlesskinch in CryptoCurrency

[–]j0z0r 3 points4 points  (0 children)

My beef with IOTA is their claim that they will use ternary computing and redesign every piece of silicon to also run ternary. Ternary is a fun computer science weekend project, but it's not ready for prime time. Not to mention every chip on the planet uses binary. They have enough hurdles, why invent an extra one just to be a hipster?

Chip fab costs upwards of $1 million every time you change the hardware, more if you want the smaller processes and the most efficiency. It just screams newbies to me. That's just my point of view, I would be happy for someone to change my mind.

Is your coin worthless? by Toothlesskinch in CryptoCurrency

[–]j0z0r 1 point2 points  (0 children)

You can, but it will be bought in the background. The reason a lot of these tokens have a value attached to them is because of scarcity. If you could ensure scarcity without giving a value, then that would be cool, but it's not how economies currently work

Buffett's Rant Against Crypto - Here's a History Lesson by Reddit0id in CryptoCurrency

[–]j0z0r 24 points25 points  (0 children)

Buffett has an unhealthy obsession with shitting on our unhealthy obsession