I’m very aware that many people around the world are aware of what I’m writing here and it is nothing new for them. They decided to wait for the human conciseness to raise on a higher level and they let the time to kill the Capitalism.
Capitalism has a bug. It is called greed. The patch was provided by Satoshi in 2009 but the bug is still not fixed as of today.
Let me tell you my story. I have found out that I’m a storyteller during the years growing up in a very small beautiful village 100 km from the sea side.
All the pieces came together after intensive drinking sessions for like a month combined with not sleeping at all. After some time I was diagnosed as bipolar and most of the things were clearer to me.
I believe that Satoshi was very very aware of this and what his formula will do to the world. Therefore he decided to stay incognito.
Since the era of computers and internet, few very important moments happened:
Diffie Helman - formula which allows us to communicate securely in a crowded environment.
Open Source. The birth of Linux.
ToR - I think Snowden used it (or variation of it, possibly combined with something else, to achieve ultimate security and anonymity on Internet). I'll be very happy if he open the "code" for his shell script. Blockchain - formula which solved the equation and allows the humanity to get rid of the global rigid stupid greedy LEGACY financial system.
In my opinion thats the 4 formulas that humanity need to enter the Jacques Fresco Era. I hope he is fine and he can read or listen to this message. I contacted his best friend Roxanne over the phone in 2014 but she couldn’t understand me and proposed to me to start taking small baby steps and to move forward. She also explained to me that when the time will come, I will know. That’s one of the best advises that I got in my life from a person that I just called few minutes ago. Insane. Now since Mr President Trump got his hands on the keys for the nuclear bombs I’m fully confident that it is the right time. For some reason I was not 100% sure about Mr Obama as he was surrounded by stupid greedy idiots (Paulsen, Greenspan etc…)
I would like to start the humans with anomalies to start sharing the paranormal stuff as I have experienced something that I’m not sure we’ll be able to write shell script or I’m missing some very important detail.
I would like to understand if there are someone watching from far away and maybe they also wait for this moment to come.
Last thing… I had band named “Tool” playing on my headphones while I was writing this. I’m 1000% sure that they are aware. Lateralus helped me to try to get all the pieces together. I would like to personally thank to them for keeping me sane for the last 10-12 years. Pink Floyd is still my favorite band though. One more thing, I would like to hear the opinion of Mr. Slavoj Zizek as although I haven’t read all his stuff I’m big fan of his work.
Now I should stop writing. Time to act. I’m offline. The big party can start now. Goodbye.
- Itar Pejo asked 5 months ago
- last active 2 months ago
Bitcoin is mined on a distributed computer network of users running specialized software; the network solves certain mathematical proofs, and searches for a particular data sequence (“block”) that produces a particular pattern when the BTC algorithm is applied to it. A match produces a bitcoin. It’s complex and time- and energy-consuming.
Only 21 million bitcoins are ever to be mined (about 11 million are currently in circulation). The math problems the network computers solve get progressively more difficult to keep the mining operations and supply in check.
This network also validates all the transactions through cryptography.
How does Bitcoin work?
Internet users transfer digital assets (bits) to each other on a network. There is no online bank; rather, Bitcoin has been described as an Internet-wide distributed ledger. Users buy Bitcoin with cash or by selling a product or service for Bitcoin. Bitcoin wallets store and use this digital currency. Users may sell out of this virtual ledger by trading their Bitcoin to someone else who wants in. Anyone can do this, anywhere in the world.
There are smartphone apps for conducting mobile Bitcoin transactions and Bitcoin exchanges are populating the Internet.
How is Bitcoin valued?
Bitcoin is not held or controlled by a financial institution; it is completely decentralized. Unlike real-world money it cannot be devalued by governments or banks.
Instead, Bitcoin’s value lies simply in its acceptance between users as a form of payment and because its supply is finite. Its global currency values fluctuate according to supply and demand and market speculation; as more people create wallets and hold and spend bitcoins, and more businesses accept it, Bitcoin’s value will rise. Banks are now trying to value Bitcoin and some investment websites predict the price of a bitcoin will be several thousand dollars in 2014.
What are its benefits?
There are benefits to consumers and merchants that want to use this payment option.
Fast transactions – Bitcoin is transferred instantly over the Internet.
No fees/low fees — Unlike credit cards, Bitcoin can be used for free or very low fees. Without the centralized institution as middle man, there are no authorizations (and fees) required. This improves profit margins sales.
Eliminates fraud risk -Only the Bitcoin owner can send payment to the intended recipient, who is the only one who can receive it. The network knows the transfer has occurred and transactions are validated; they cannot be challenged or taken back. This is big for online merchants who are often subject to credit card processors’ assessments of whether or not a transaction is fraudulent, or businesses that pay the high price of credit card chargebacks.
Data is secure — As we have seen with recent hacks on national retailers’ payment processing systems, the Internet is not always a secure place for private data. With Bitcoin, users do not give up private information.
a. They have two keys – a public key that serves as the bitcoin address and a private key with personal data.
b. Transactions are “signed” digitally by combining the public and private keys; a mathematical function is applied and a certificate is generated proving the user initiated the transaction. Digital signatures are unique to each transaction and cannot be re-used.
c. The merchant/recipient never sees your secret information (name, number, physical address) so it’s somewhat anonymous but it is traceable (to the bitcoin address on the public key).
Convenient payment system — Merchants can use Bitcoin entirely as a payment system; they do not have to hold any Bitcoin currency since Bitcoin can be converted to dollars. Consumers or merchants can trade in and out of Bitcoin and other currencies at any time.
International payments – Bitcoin is used around the world; e-commerce merchants and service providers can easily accept international payments, which open up new potential marketplaces for them.
Easy to track — The network tracks and permanently logs every transaction in the Bitcoin block chain (the database). In the case of possible wrongdoing, it is easier for law enforcement officials to trace these transactions.
Micropayments are possible – Bitcoins can be divided down to one one-hundred-millionth, so running small payments of a dollar or less becomes a free or near-free transaction. This could be a real boon for convenience stores, coffee shops, and subscription-based websites (videos, publications).
Still a little confused? Here are a few examples of transactions:
Bitcoin in the retail environment
At checkout, the payer uses a smartphone app to scan a QR code with all the transaction information needed to transfer the bitcoin to the retailer. Tapping the “Confirm” button completes the transaction. If the user doesn’t own any Bitcoin, the network converts dollars in his account into the digital currency.
The retailer can convert that Bitcoin into dollars if it wants to, there were no or very low processing fees (instead of 2 to 3 percent), no hackers can steal personal consumer information, and there is no risk of fraud. Very slick.
Bitcoins in hospitality
Hotels can accept Bitcoin for room and dining payments on the premises for guests who wish to pay by Bitcoin using their mobile wallets, or PC-to-website to pay for a reservation online. A third-party BTC merchant processor can assist in handling the transactions which it clears over the Bitcoin network. These processing clients are installed on tablets at the establishments’ front desk or in the restaurants for users with BTC smartphone apps. (These payment processors are also available for desktops, in retail POS systems, and integrated into foodservice POS systems.) No credit cards or money need to change hands.
These cashless transactions are fast and the processor can convert bitcoins into currency and make a daily direct deposit into the establishment’s bank account. It was announced in January 2014 that two Las Vegas hotel-casinos will accept Bitcoin payments at the front desk, in their restaurants, and in the gift shop.
It sounds good – so what’s the catch?
Business owners should consider issues of participation, security and cost.
• A relatively small number of ordinary consumers and merchants currently use or understand Bitcoin. However, adoption is increasing globally and tools and technologies are being developed to make participation easier.
• It’s the Internet, so hackers are threats to the exchanges. The Economist reported that a Bitcoin exchange was hacked in September 2013 and $250,000 in bitcoins was stolen from users’ online vaults. Bitcoins can be stolen like other currency, so vigilant network, server and database security is paramount.
• Users must carefully safeguard their bitcoin wallets which contain their private keys. Secure backups or printouts are crucial.
• Bitcoin is not regulated or insured by the US government so there is no insurance for your account if the exchange goes out of business or is robbed by hackers.
• Bitcoins are relatively expensive. Current rates and selling prices are available on the online exchanges.
The virtual currency is not yet universal but it is gaining market awareness and acceptance. A business may decide to try Bitcoin to save on credit card and bank fees, as a customer convenience, or to see if it helps or hinders sales and profitability.
Are you thinking about accepting Bitcoin? Do you already use it? Share your thoughts and experiences with us.
You can learn all about bitcoin mining, block chains (the database), miner pools, wallets, and transactions at https://bitcoin.org/en/ as well as YouTube videos.
- alexander leytan asked 9 months ago
- last active 4 months ago
Is there a blockchain application where I can exchange my USD to Bit coin, sell my bitcoin in real-time, and then again in real time have the sold Bitcoin sent to a blockchain wallet that is separate but built off of the collective users of the original blockchain application (that way you have the bilateral security of the collective users of the blockchain application but you also have your own block to store funds for future withdrawals and deposits)?
- Sean Cirilo asked 1 month ago
As I understand it, by running a full node like Bitcoin-QT or other software, I am helping confirm transactions and contributing to the Bitcoin network. As people send bitcoin over network small transaction fees are applied each time. Are these bitcoins distributed evenly between the people running the nodes, if so, how do I receive them?
- Phil Ster asked 2 years ago
Out of pure curiosity, how many Lisk will ever be minted? The information could be extremely useful as Lisk tires to find its price during the first ours of trade.
- Cheese asked 1 year ago
- last active 1 year ago
Bitcoin has been around since 2009 during that time we have seen some major price changes in a very volatile market. No one can know the price of bitcoin in the future, but if you have to guess! How much do you think one bitcoin be worth on the 1st of January 2015?
- CryptoJunction asked 3 years ago
- last active 3 years ago
Is it possible to mine Lisk (LSK) after the ICO, if so how would I go about doing it? By the looks of it, Lisk uses Deligated proof of stake as a hashing algorithm.. which would indicate that mining is not possible. On the other hand as it is proof of stake would allow for staking or minting in some form or another.
Could someone please shine some light on the subject?
- James Cooler asked 1 year ago
As I am trying to log in to my Blockchain.info web wallet i get the error code: 157 ‘Unknown error code’ from NDBCLUSTER’. I am able to login to my account by my current balance says 0 BTC and my transaction log is empty. Is Blockchain.info hacked? I am really worried that my bitcoins are lost!!
Can some one please shed some lite on this matter, help would be much appreciated!
- Cryptorian asked 2 years ago
- last active 2 years ago
I have always wondered if it is possible to mine more than one cryptocurrency simultaneously with one machine?
I would like to mine Vertcoin, Peercoin and Dogecoin at the same time.
- Litzy99 asked 3 years ago
I was just wondering if it is worth buying a bitcoin USB miner such as the ASICMiner Block Erupter USB (330MH/s) Sapphire Miner now? Will it be profitable or am I just wasting my time and electricity? :)
- Litzy99 asked 2 years ago
Satta or Matka, as it is more regularly known, started in Mumbai when the end and opening rates of Cotton, in New York, were sent by the Cotton Exchange there, to the Exchange in Mumbai, utilizing tele-printers. This prompted across the board betting on the rates. It was a noteworthy betting side interest for the laborers of the material factories in Mumbai. In 1961, the racket was uncovered and the rates were no longer transmitted from New York to Mumbai. The game, in any case, couldn’t be ceased. Rattan Khatri, a migrant Sindhi to Mumbai, post parcel, hit on the first procedure of utilizing a similar rule yet for nonexistent wares. Numbers were composed on pieces of paper and kept inside a “matka” or a pitcher. At that point chits were drawn and the triumphant numbers were gotten out and proclaimed as victors. Satta matka turned into a prominent type of betting, however the present day adaptations have changed. One such form is of drawing three numbers from a deck of playing cards. The game, in any case, still bears the old name of matka.
The Glamor and Influence of Satta
This type of betting turned out to be such a group puller, those business-houses and industrialists began betting, but furtively, in light of the fact that the game remained related with the purported bring down class people. It couldn’t take up an same slot from that of cricket-betting or horse-racing. In Cricket many people put their cash in online cricket betting tips free sites for earning more in this game. Movies were made, in view of the clothes – to-wealth stories of the organizers of the game.
With Time It gets more Admirers
It pulled in an extensive number of all shapes and sizes bettors, who were for the most part the laborers of the thriving material factories of Mumbai. It was a simple approach to make a brisk buck and required no additional exertion. Various bookies set up their make-move workplaces and filled in as mediators and in addition guides for the uninitiated. Mumbai has been the operational hub for sattamatka with almost 500 crore rupees going into it as the betting sum every month in the 1980s and the 90s. The game of numbers turned out to be addictive to the point that the police needed to make strict move against the administrator who came to be known as the matka ruler. In 1995 and from that point, business fell, for these lords, to a low of 300 crores and less every month. A significant number of the bosses of this matka – racket, were either captured or executed in between gathering battles.
Famous Regions Of Satta
The present focuses are predominantly in and around the clamoring city of Ahmedabad, Gujarat. From that point the games are controlled in the well known satta bazaars of Kalyan matka, Milan, Star, Main and Rajdhani, in Mumbai. There are online bookies and matka sites that help you to hit the fortunate numbers for a specific sum. Their recommendation is important as their experience and learning traverse every one of the years since this game was begun. They supply winning tips for an ostensible expense. Their administrations are accessible on the net and their contact numbers can without much of a stretch be noted. Along these lines, attempt your good fortune, bet on your fortunate number and let your matka of life top off with satisfaction.
- peter paul asked 3 weeks ago
With the best of innovation accessible today, there are such a large number of online sports betting projects accessible in Pounds and Euros which permit energizing on the web sports betting, alternative on sports like Soccer, Cricket, Rugby, Golf, Motor Racing thus numerous different sports which you can envision. These energizing and built up online websites enable bets to be set not just preceding events or games beginning or additionally while the game is in progress.
They are best and secure to play, since they work in light in interest of the player. Many bettors like cricket betting so much now days and many websites provide platform for this too. But you have to risk of lose money in online cricket betting. So before make a bet online use best cricket betting tips you’re your skills on it. In spite of the fact that the number different games are expanding always, still sports betting is unbeaten in the race. Since all the intriguing and engaging games are currently a days accessible exuberant on cell phones, making it extremely advantageous to bet. With new innovation, engineers offering versatile betting choices in may sports expanding the interest for them.
These Sports books give beat quality choices both to fledglings and also the more experienced players. Online websites give live scores and measurements, visit to any of the sports betting, alternatives and a complete all day, every day updates and knowledge into each game. Sports betting is winding up noticeably progressively mainstream now days due to their incredible and staggering betting advantages.
All web based gaming sites have sports betting alternative accessible on the web and furthermore on your cell phone which has turned into an essential piece of life as an individual pocket excitement device. With a little store, you can without much of a stretch get associated and begin betting inside minutes.
- ricky martin asked 4 weeks ago
Sports betting have changed past all acknowledgment lately. When constrained to anticipating the champ of a steed or pooch race in under charming environment, the punter can now get to a huge swath of online betting offices offering apparently boundless chances to foresee the result, as well as practically every part of any huge sporting event on the planet.
The quantity of runs a named cricketer may score in a game, what number of gaps a golfer will win by, the objective count of a specific striker and the round in which a boxer may win. Are all cases of the various betting such as online cricket betting opportunities that any single event can now offer.
Events from everywhere throughout the world can be gotten to, investigated and betted on. Regularly video or sound spilling is accessible to add to the energy of the event. The scope of sporting events is immense with even generally minor events pulling in light of a legitimate concern for the betting offices. Basically all top of the line affiliation football leagues are currently accessible for betting online.
The approach of live betting is a further energizing improvement in sports betting. Game as of now began – no issue; as the event advances so the odds change and the open door for the punter to take an interest stays alive. This empowers the ready speculator to be educated, minute-by-moment of the perpetually changing probability of a specific result and to subsequently bet in like manner.
Access to applicable data, talk, inside stories and past outcomes has never been better. A tick of a catch can yield much critical data. Today the punter can make a more educated assessment of the potential execution of specific sportsmen and ladies than whenever before. Point by point information about the state of steeds and mutts and their current execution is in a split second open.
The insightful punter will cross reference different betting sites for the best odds or scope of betting open door. Many sites offer free bets as an instigation to open a record with them. The scope of offers at any given time is broad and confounding yet sites that have collaborated with a portion of the top names in sports betting, order such offers and empower the punter to decide the best or most pertinent open door for his or her specific needs.
Since betting started bookmakers have endeavored to grow the assortment of betting open doors accessible. None has been more inventive than the ascent of spread betting. This method for betting is clarified all the more completely somewhere else on our website yet basically implies that the punter can utilize a more prominent skill in anticipating not only the victor of a match but rather the scope of scoring too. Substantial entireties of cash can be won or lost with this type of betting and care must be taken. A fitness for spread betting is a confounded expertise to obtain and, with our responsibility regarding capable betting, we prescribe that you completely get a handle on the conceivable result of a bet before you pick this specific approach.
- andrew chain asked 4 weeks ago