yeah, sure XD
U.K. Regulator Warns Crypto Investors Risk Losing ‘All Their Money’
- Thread starter themickey
- Start date
You don't even try? Seriously? I guess you're not even capable of a discussion based on solid facts?
By the way, the token as you say is the entrance to a network that allows you to transfer value without a third party. I would say that that is more than doing nothing.
care to elaborate?
Wikipedia has more than enough information. depending on the proof, it could tell you almost exactly where the next prime is without having to do all the sieving and factoring
I know there was a lot of hype created in the show "Numbers" but it's effect on cryptography that relies on primes is exaggerated.
1. You could just asume it's true and start cracking code-> could already be happening. Doesn't...welp..
So proving it won't add any practical techniques but will increase the understanding.
2. The most robust protocolls are open source and there is nobody that prevents upgrading by forking. Happened before, will most likely happen again.
3. If you're correct, I would be more worried about all the data that is floating around in the internet since most mailers, state offices, authorities use RSA encryption. Passports, credit cards, RFID, telephone....and my best guess is that crypto will be faster to adapt than FEDs
M
morganist
Are cryptocurrencies traded on the Forex market? If so they may have a value in themselves.
They're slowly becoming less volatile. BTC vol used to be well over 100%, now it's down in the 50's or so. The market is maturing. As new securities and options and global exchanges develop with institutional money moving into it, the vol will lower even more. It'll likely never be the USD, but it will slowly go up, which is better than the slow drip of all fiat.
They are also slowly and steadily eroded downward by their countries central bank. They are also subject to taxation and siegnorage by the countries. They are also used to start wars and to inflate away people's wealth. Bitcoin is not controlled by elites. It just is. That is its value proposition. It's for people who mistrust centralized monetary authority. You may trust central banks. Not all people do, so they like BTC.
The UK authorities are against CBDCs too, it seems. A House of Lords all-party committee has raised concerns about the instability of a CBDC. It predicts that its launch would induce a nationwide run on banks resulting in economic turmoil.
The Committee admitted to some of the advantages of the CBDC, but it claims these are undermined by the negative consequences the launch will produce. It highlighted that it poses a “significant risk” to the UK.
The Committee admitted to some of the advantages of the CBDC, but it claims these are undermined by the negative consequences the launch will produce. It highlighted that it poses a “significant risk” to the UK.