Sorry... Bitcoin is not Gold and Litecoin is not Silver

Andre@Krypt0 said:
Noone stupid enough to brute force,
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I contributed 1 month's worth of a 32-core CPU VPS server to this effort a couple of years ago, not because I thought it would succeed but because I wanted to make sure that I was part of the efforts that failed and verified it for myself.

https://lbc.cryptoguru.org/stats

The project is still on-going and I'm happy to know the security of bitcoin private keys are stress-tested every single day.

Vires in Numeris
 
Couple years ago, Moore's law, quantum algos. John are you muppets cousin?

Cause that guy is dumb af

Rumor has it he burned keys on a 45 lb plate and buried it up his ass. His ass was so big still noone could find it, including him!
 
maxinger said:
The biggest difference between cryptocurrency and gold/silver is that
cryptocurrency supply is infinite / infinity / unlimited and
gold/silver supply is limited.

you can generate an infinite amount of cryptocurrencies.


To generate more cryptocurrencies, you don't need so much resources.
To dig for gold/silver, you need a massive amount of investment.
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False comparison. Cryptocurrency would compare to metal, including iron and all others, not gold and silver. Bitcoin, as a SINGLE crypto, not as ALL cryptos, is being compared to gold. You wouldn't say gold and iron/steel have the same value/ investing profile, so it's a mistake to say Bitcoin and poopcoin have the same profile. They're not in the same category qua investment. They are in the same technology area, but that is different. Bitcoin is limited in supply, it is not infinite and never can be, it is disinflationary (as is gold), and requires lots of energy to mine. It now has a greater existent than potential supply and fairly mature market structures. Institutional money is entering. This will dramatically lower volatility, along with the host of derivative products available.
 
Of course Litecoin is not e-silver. ETH is. Duh!
iu
 
maxinger said:
The biggest difference between cryptocurrency and gold/silver is that
cryptocurrency supply is infinite / infinity / unlimited and
gold/silver supply is limited.

you can generate an infinite amount of cryptocurrencies.


To generate more cryptocurrencies, you don't need so much resources.
To dig for gold/silver, you need a massive amount of investment.
More...


gold and silver is far from limited. technically, yes, but we are so far from peak gold/silver it's laughable. if (and I believe when) the price of both skyrockets, you will see massive investment into recovering more from the ground. And there is a ton of it as long as it makes economic sense to dig for it. especially silver.
 
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