Bitcoin/Ethereum/cryptocurrencies

Over70irregs

Well-Known Member
I read that post on bitcointalk almost 7 years ago when I was a new member there.

My point still stands.
Excellent didn’t know background. That possibility means your way ahead of most on the planet. A premine is when coins are made and distributed to your friends, family, VCs out of thin air. Referencing the article you will see that Hal and Satoshi actually used proof of work and mined Bitcoin separately initially. Anyone had a fair chance to do it. No asset class has been accessible to anyone regardless of their racial, economic geographical location. They worked for it not just inherited it through manifest destiny. There are timestamps to prove this. Hal becomes the first test transaction of sending to another person. (I am open to ALL critiques that is how we learn. That is REAL use of blockchain) Compare/Contrast Ether pre-mine reward for investors
 

BadIdeaGuy

Moderator
Staff member
Excellent didn’t know background. That possibility means your way ahead of most on the planet. A premine is when coins are made and distributed to your friends, family, VCs out of thin air. Referencing the article you will see that Hal and Satoshi actually used proof of work and mined Bitcoin separately initially. Anyone had a fair chance to do it. No asset class has been accessible to anyone regardless of their racial, economic geographical location. They worked for it not just inherited it through manifest destiny. There are timestamps to prove this. Hal becomes the first test transaction of sending to another person. (I am open to ALL critiques that is how we learn. That is REAL use of blockchain) Compare/Contrast Ether pre-mine reward for investors
I’m aware of the history, thanks.

You’re still wrong. No difference. Bitcoin was mined by a select few from an obscure corner of the internet who held tremendous influence over it for years afterwards by virtue of being whales.

Your perspective on altcoins is ridiculously narrow, and shunned by most of bitcointalk, just for the record.

Fits in pretty well on Reddit though.
 

Brownslave688

You want a toe? I can get you a toe.
Plus
I’m aware of the history, thanks.

You’re still wrong. No difference. Bitcoin was mined by a select few from an obscure corner of the internet who held tremendous influence over it for years afterwards by virtue of being whales.

Your perspective on altcoins is ridiculously narrow, and shunned by most of bitcointalk, just for the record.

Fits in pretty well on Reddit though.
The narrowmindedness of the term crypto “currency” gets to many I think too.

It’s not all currency hell very few have that in mind. It’s a way to fund a business at the seed level. The level that normal joes don’t ever get a chance to get in at. Sure a lot of them are straight up scams but there a few that are running legit businesses.
 
I’m aware of the history, thanks.

You’re still wrong. No difference. Bitcoin was mined by a select few from an obscure corner of the internet who held tremendous influence over it for years afterwards by virtue of being whales.

Your perspective on altcoins is ridiculously narrow, and shunned by most of bitcointalk, just for the record.

Fits in pretty well on Reddit though.
Settle down
 

Brownslave688

You want a toe? I can get you a toe.
One fast moving consumer goods solution and one electronic trade bill solution on the way
IMG_5690.jpeg
 

Over70irregs

Well-Known Member
I’m aware of the history, thanks.

You’re still wrong. No difference. Bitcoin was mined by a select few from an obscure corner of the internet who held tremendous influence over it for years afterwards by virtue of being whales.

Your perspective on altcoins is ridiculously narrow, and shunned by most of bitcointalk, just for the record.

Fits in pretty well on Reddit though.
I’ll do one difference. I have more but you don’t offer any evidence which shows lack of depth or understanding, and I won’t rule out a combination of both. Were the original mined coins by Satoshi given to VCs or cashed out or given to Coinbase?
 

BadIdeaGuy

Moderator
Staff member
I’ll do one difference. I have more but you don’t offer any evidence which shows lack of depth or understanding, and I won’t rule out a combination of both. Were the original mined coins by Satoshi given to VCs or cashed out or given to Coinbase?
Satoshi has a net worth of roughly 30 billion dollars, and you’re worried about Vitalik selling enough ETH to buy a middle class house.

Tell me more about the equitable distribution of early Bitcoin mining proceeds.

Early adopters get rewarded. Period. Regardless of if they contributed dollars, or hashes.
 
Satoshi has a net worth of roughly 30 billion dollars, and you’re worried about Vitalik selling enough ETH to buy a middle class house.

Tell me more about the equitable distribution of early Bitcoin mining proceeds.

Early adopters get rewarded. Period. Regardless of if they contributed dollars, or hashes.
I can't read all this crap I'm going to reporting everyone's posts
 

Brownslave688

You want a toe? I can get you a toe.
Satoshi has a net worth of roughly 30 billion dollars, and you’re worried about Vitalik selling enough ETH to buy a middle class house.

Tell me more about the equitable distribution of early Bitcoin mining proceeds.

Early adopters get rewarded. Period. Regardless of if they contributed dollars, or hashes.
"satoshi" you mean the US government.......should get us out debt anytime now lol
 

Over70irregs

Well-Known Member
Satoshi has a net worth of roughly 30 billion dollars, and you’re worried about Vitalik selling enough ETH to buy a middle class house.

Tell me more about the equitable distribution of early Bitcoin mining proceeds.

Early adopters get rewarded. Period. Regardless of if they contributed dollars, or hashes.
Not worried about WEF/Chase/VC capture. No where in history is there equitable distribution of wealth. Because there is a block reward schedule no one is left behind. Greatest thing is having more coins does not give greater control over the network unlike “others”. You can still trade/buy/mine. People watch Vitaliks VC, government compromised wallets so he launders them through Coinbase to hide.
 

Over70irregs

Well-Known Member
"satoshi" you mean the US government.......should get us out debt anytime now lol
No you get more debt now. They are going to print to heaven. Your debt is 33 trillion. Last week 100 billion/7 days. $720 per/house/week. It’s over cannot pay it back. Raise…. Gone.. Might as well change to PEER90
 

Over70irregs

Well-Known Member
This cycle is pricing out the middle class. The next cycle will be single digit millionaires. Most of their $ is tied up in debt and RE.
 
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Over70irregs

Well-Known Member
Distraction coins track woodchips, NFTs and porkbellies. Meanwhile Home Payment as % of Median Income, by State: 1. Hawaii: 68% 2. California: 67% 3. Montana: 57% 4. Oregon: 55% 5. Washington: 54% 6. Massachusetts: 53% 7. Idaho: 52% 8. New York: 51% 9. New Jersey: 50% 10. Vermont: 50% 11. Maine: 50% 12. Colorado: 49% 13. Florida: 49% 14. Rhode Island: 49% 15. Arizona: 48%. Focus your attention. YOU ARE LOSING TIME.
 
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