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/biz/ - Business & Finance


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File: 116 KB, 742x1158, D49GlfJX4AY1QCC.jpg [View same] [iqdb] [saucenao] [google]
13430879 No.13430879 [Reply] [Original]

Show me your face when you realise bitcoin is about to be adapted on a massive scale in Africa

>> No.13430885

>>13430879
Bitcoin isn't for poor

>> No.13430891
File: 49 KB, 616x337, blockstream.png [View same] [iqdb] [saucenao] [google]
13430891

>>13430885
forgot the screenshot

>> No.13430897
File: 282 KB, 1600x1000, 8589130420778-panda-wallpaper-hd.jpg [View same] [iqdb] [saucenao] [google]
13430897

>>13430891
+1

>> No.13430900
File: 24 KB, 347x139, 1554205651428.jpg [View same] [iqdb] [saucenao] [google]
13430900

>>13430885
>>13430891
You are probably thinking about btc. The pic in op is the real BitCoin, BSV. What's fun is that in ALL those store, you can also BUY BitCoin

>> No.13430942

>>13430891
Why do people just say things. What does that guy know about what poor people are up to? There are guys in these areas selling tiny amounts of bitcoin without the clients touching a computer. You can keep your $20 fortune with that guy or see it disappear to inflation in the bank.

>> No.13430957

>>13430879
>Oh yeah all of those Africans with their .03 BTC are going to be rich.
Kek

>> No.13430972

>>13430957
0.03 BSV * 1.3 Billion people = 39 Million BSV

I guess math is not your strongest side. LOL.
Oh, and since your a brainlet, I should add that the maximum supply of BitCoin is 21 Million

>> No.13430984
File: 373 KB, 2048x1536, DJj65-3VAAEBTvn.jpg_.jpg [View same] [iqdb] [saucenao] [google]
13430984

>>13430942
by "people" you mean Blockstream staffs

>> No.13430993

>>13430879
just whitey dumping his wealth into crypto before the great cleansing

>> No.13431003

>>13430879
There is no way niggers are able to spend BTC. Actual Bitcoin, sure. But BTC, no fucking way.

>> No.13431005

>>13430900
first the pajeets, now niggers, sv found it's place in the world after all.

>> No.13431012

>>13431003
The pic IS actual BitCoin (BSV). And with handcahs app or centbee it is literally easier than using a credit card. Even niggers can use it

>> No.13431042

>>13431005
Look everyone! It's the namefag that doesn't understand how mining works or its purpose! Did you guys know this namefag validates transactions with just his laptop? Idk how he does it.

>>13431012
Apparently they've been using prepaid phone minutes as currency for years in a lot of the continent off flip phones. If they can manage that then I suppose handcash would be simple enough.

>> No.13431062

What does a post-apartheid buck nigger go for nowadays anyway?

>> No.13431087

>>13431042
look guys its the retarded cashie who doesnt understand shit!

>> No.13431092

>>13431087
What's it like to have literally never read the whitepaper?

>> No.13431101
File: 8 KB, 225x225, Greg Maxwell.jpg [View same] [iqdb] [saucenao] [google]
13431101

>>13431087
I'm starting to believe this guy is Greg Maxwell. haha, he gives off the same desperate vibes

>> No.13431125

>>13431042
>Apparently they've been using prepaid phone minutes as currency for years
Well apparently phone minutes dont have the tendency of dropping 50% in value in a few days ...

>> No.13431143
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13431143

bix nood, me bitcoin now mufugga

>> No.13431145

>>13431125
Wtf I hate crypto now!

>> No.13431155

>>13431101
nah maxwell is a faggot along his imbecile younger brother lukejr

>> No.13431164

>>13431092
i wouldnt know you tell me!

>> No.13431170

>>13431155
sounds like you to be honest.
How that whitepaper reading coming along? Did you finish page one yet?

>> No.13431191

>>13431170
i told you i have read it over 20 times it's just you can't read that's all.

>> No.13431204

>>13431170
He was unable to make it past the title.

>Bitcoin: A Peer-to-Peer Electronic Cash System
>this sounds nothing like the Lightning Network, obviously cashie propaganda

>> No.13431209

>>13431191
LOL, no way you have read it 20 times. If true you must have some fundamental problems with reading. How's your laptop mining coming along?

>> No.13431215

>>13431204
what the fuck are you smoking? of course bitcoin is a p2p cash system. if it will remain so that's an other matter. bitcoin evolves it's role may change. it can in fact become the reserve currency to crypto. and that's fine since there is like 2000 other projects out there except none of them can do what bitcoin can do even if they are better suited for micro payments.

>> No.13431220

>>13431209
i haven't mined on my laptop since 2011 even then in a pool and not with much luck.

>> No.13431228

>>13431215
There's that anger again. Why don't you read the whitepaper again and maybe have someone help you translate to hungarian the words you don't understand. It is really sad watching you trying to debate something you know nothing about. Small dogs barks the most and so on

>> No.13431241
File: 137 KB, 1600x990, smug.jpg [View same] [iqdb] [saucenao] [google]
13431241

>>13431228
>There's that anger again.
anger? rofl

>> No.13431243

>>13431220
You said you use your laptop as a node to validate transactions. What does the whitepaper say about that? You have read it, haven't you?

>> No.13431247

>>13431241
>I'm not angry, I promise. r-r-rofl

LOL this is too much fun

>> No.13431257

>>13431243
dude... that's just sad the whitepaper is from 2007 bitcoin changed radically between 2010 and 2013 terminology evolved the whitepaper is near impossible to be interpreted with the later development and evolution in mind. and i'm reasonably sure it was satoshi who was behind gavin when this evolution took place after his disappearance.

>> No.13431262

>>13431247
yes it's fun watching you squirm and try so hard i can just hear you scrunching your teeth it's sweet.

>> No.13431263

>>13431215
More like BTC can't do what Bitcoin can do. BTC isn't evolving in the Darwinian fashion, its mutating in the abomination fashion. This pile of shit will never have a use case outside of shitcoin trading. So enjoy the next couple of years at best. Real adoption is coming and it isn't going to be shitcoin gambling.

>> No.13431268

>>13431257
>terminology evolved the whitepaper is near impossible to be interpreted with the later development
If you're literally retarded. Or in your case an unironic shill, trying to muddy up the dialog and confuse people about how this stuff works.

>> No.13431270

>>13431263
that is obviously the main point of difference in opinion between core and cash. if we didn't believe bitcoin is evolving and adapting we wouldn't be in it. in fact bitcoin wouldn't have the vast majority of hashrate and node and user count and of course valuation if most people would think as cashies do. you the filthy minority for now. and i bet you will remain so.

>> No.13431274

>>13431257
Are you really this stupid or are you only pretending to fudd bitcoin?
Bitcoin NEVER changed. Segwit core coin (btc) is what changed. The whitepaper is still describing bitcoin and if you say otherwise you are either low IQ or you have an agenda. Just like Greg Maxwell. I'm starting to believe you are the same person

>> No.13431290

>>13431270
No, you dumb nigger. You have 2 years at best assuming crab or bear market. The higher the price goes, the more people trade, the more people transact the higher the fees and time to get on the block become. 100s to 1000s of dollars in fees and days to weeks in to get onto the block and king shitcoin will flashbull. The market will demand something else.

>> No.13431292
File: 3.32 MB, 480x270, FD69C660-C992-4F53-B9A2-CEFB1174E480.gif [View same] [iqdb] [saucenao] [google]
13431292

>>13431247
He gets triggered so easily boy 2020 will be fun I wonder if he will kms himself

>> No.13431311

>>13431270
Did you read the whitepaper yet? Remember, it is not enough to just look at the words, you have to process them in your mind. If there is some words you don't understand, just post them here and we can help you translate to hungarien with google translate

>> No.13431314

>>13431268
nope today for example obviously everyone talks about nodes as inn p2p nodes and miners as special nodes yet in the whitepaper nodes were still the analogue of miners, mind you this was not so in the first implementation satoshi released in code. you had to start with /gen or turn on the option Generate Coins for your node to be a miner. but that's long past. miners and common nodes separated distinctly a long time ago.

>> No.13431320

>>13431274
>Bitcoin NEVER changed. Segwit core coin (btc) is what changed.
delusions, bip16 is active on all 3 forks and that is the most significant change that happened to bitcoin segwit ain't got shit on that.

>> No.13431324

>>13431290
i'm strongly betting against you smelly cashies. but of course i can only say we will see.

>> No.13431325

>>13431262
>scrunching your teeth
sounds like projecting to me. Projecting means
kiálló in hungarian. Just let me know if you need help with some other words. I know there is many words in the whitepaper you might have trouble with

>> No.13431330

>>13431324
>smelly cashies
That's a hard hitting argument right there. I don't know how you do it, but if this is the power of core coiners, I am very afraid

>> No.13431339

>>13431325
>Projecting means kiálló in hungarian
no it doesn't lol "to project" is "vetít"
"don't project!" is "ne vetíts!"

>> No.13431346

>>13431314
Satoshi literally describes non-full nodes in the fucking whitepaper, you absolute shill. We went over this last night. Satoshi also explains in the whitepaper that these nodes only require block headers. Special hardware and high speed internet needed not apply. There is no way you're this retarded. You're 100% pushing a false narrative.

>> No.13431352

>>13431330
yes i can tell making 50 threads about your curry poo coin daily and shitposting with the force of a curry induced explosive diarrhea of an entire mumbai district tells us that much. you are fucking terrified. but what i don't understand is why you have to lie constantly? you could shill your shitcoin without resorting to constant falsehoods.

>> No.13431354

>>13431320
>this lie again

You cannot send a transaction without signing it. Extra criteria for unlocking funds on the recipients end is not spending!

>> No.13431358

>>13431346
yet in his implementation the default operation was what we call today a full-node (non mining). and core kept to that.

>> No.13431361

>>13431339
haha no, it's not. Projecting = kiálló.
Not only are you having problems with english, but you don't even know your mother tongue? Come on man, this is just absurd

>> No.13431362

>>13431358
>full-node (non mining).
Literally end your own life.

>> No.13431363

>>13431354
yes you can pay to script hash means you don't have to pay to a private key signature. you pay to a fucking script with the correct hash that returns true.

>> No.13431365

>>13431352
>curry poo coin
WoW, you're like a machine gun spitting out hard hitting arguments. I don't know how you became so capable

>> No.13431366

>>13431363
To unlock funds, not to spend. K Y S

>> No.13431370
File: 8 KB, 766x303, do-not-project-curry-nigger.png [View same] [iqdb] [saucenao] [google]
13431370

>>13431361
is google translate making fun of you or you are just stupid??

>> No.13431372
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13431372

>>13431370
are you for real?

>> No.13431373

>>13431365
it's not like you are willing to read or comprehend any arguments i post street shitter.

>> No.13431378

>>13431373
>arguments
>street shitter
LOL you can't make this up. I have never seen someone BTFO themself in just one sentence like that. You're adorable

>> No.13431379
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13431379

>>13431370
oof

>> No.13431383

>>13431366
no it's called pay to script because you pay to a fucking script not a signature.

>> No.13431385

>>13431379
He probably thinks a project and projecting means the same. No wonder he has a hard time grasping the whitepaper

>> No.13431386
File: 9 KB, 813x340, kek.png [View same] [iqdb] [saucenao] [google]
13431386

>>13431379
"kiálló" means "standing out" literally or "protruding" if it's an object
sorry m8 this is one of those things you will not be able to win

>> No.13431387

>>13431383
>as opposed to pay to pubkey

Are you beginning to understand your retardation yet?

>> No.13431392

>>13431386
dude, just stop it. Give it a break

>> No.13431399

>>13431220
u know how i know u are lying?

>> No.13431401

>>13431392
rofl why would i, if you think you know hungarian better than me that's even more hilarious than when you pretend you understand bitcoin better than me. i mean i could be wrong about bitcoin part of the reason i'm doing these debates is i always learn something from them. but come on, snowflakes have better chance in hell than you in this one.

>> No.13431406

>>13431399
no clue since i'm telling the truth. i was trying to mine bitcoin on my laptop out of curiosity but only had some scraps below the payout limit. so the pool ate them.

>> No.13431412

Africa is now a chinese colony. The bitcoin usage is from the chink colonials.

I hope they wipe out the niggers for good once they realize they cannot find a use for them

>> No.13431413

>>13431401
>r-r-r-rofl
I think it's blatantly obvious that you know nothing about bitcoin. You come here everyday and spam the board with your lies. Who is paying you?

>> No.13431414
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13431414

>>13430879

>> No.13431418
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13431418

>>13431406
>i'm telling the truth
You just can't stop can you?

>> No.13431419

>>13431413
oh so you are backpaddling from the projecting thing and go back to actually projecting your shitty behavior on me? fucking hell man...

>> No.13431420
File: 7 KB, 280x180, cringe.jpg [View same] [iqdb] [saucenao] [google]
13431420

>>13431324
>>13431325
>>13431330
>>13431339
>>13431346
>>13431352
>>13431354
>>13431358
>>13431361
>>13431362
>>13431363
>>13431365
>>13431366
>>13431370
>>13431372
>>13431373
>>13431378
>>13431379
>>13431383
>
>>13431385
>>13431386
>>13431387
>>13431392
>>13431399
>>13431401
Just stop it, you cringelords. Go argue on discord or reddit or wherever you came from.

>> No.13431424

>>13431401
>i always learn something
You still don't understand the difference between a full node that validates transactions and a non-full node that verifies or the requirements for either. After at least 2 or 3 days of people explaining it to you with references to the whitepaper, which you should read.

>> No.13431426

>>13431418
oh dude i'm not the compulsive liar aussie shitposter faglord drunk ass bitch of crypto sorry, your mistake.

>> No.13431433

>>13431414
Kind of a shame that buying and selling niggers never really took off.

>> No.13431435

>>13431419
What happened to you once so hard hitting attacks?

>> No.13431437

>>13431424
>After at least 2 or 3 days of people explaining it to you
you mean the 5 cashie retards that are blatantly wrong and confusing terminology to fit their cucked agenda? yeah...

>> No.13431449

>>13431426
>compulsive liar aussie shitposter faglord drunk ass bitch
LOL. You are the gift that just keeps on giving. You're like the sareptas jar of shitposts

>> No.13431450

>>13431420
>hating this kind of thread

These threads are unironically the best on /biz/. Actual discussion of tech and the thread actually moves. Alternatively you have a thread about x coin that's totally going to moon if you buy now, that girl will fuck you for it!

>> No.13431457

>>13431437
>confusing terminology
What terminology are you having troubles with? Post them here and maybe we can try to help you understanding them

>> No.13431459

>>13431450
i agree, there is nothing to learn from most of the cesspools of threads here.

>> No.13431465

>>13431437
Theres nothing wrong with the terminology, kike. Satoshi made it clear as day what defines these two different kinds of nodes. Its impossible you're not a shill, my dude.

>> No.13431467

>>13431457
oh you poor retarded child i am not the one who has problems with terminology. you are.

>> No.13431468

>>13431450
Yes, such a great discussion. Two neckbeards (one even has a fucking name filled in) arguing who's a bigger faggot. Even the fucking mouse 'hi' threads are more enjoyable to read than this shit

>> No.13431469

>>13431467
>deflection

>> No.13431474

>>13431467
You just said you found some of the terminologies confusing. Are you confused about you being confused. HAHA

>> No.13431485

>>13431465
yeah but we have actually at least 4 different kinds of nodes today maybe more.
full validating mining nodes that produce blocks
full validating network nodes that propagate blocks and transactions
full validating (i hope) spv server nodes
non validating spv nodes

>> No.13431497

>>13431474
i never said that, i said it is confusing the read the whitepaper with today's terminology. so don't! and don't try to apply the exact words of the whitepaper with today's state of bitcoin. because it's a bad fit. unless of course you are a cashie brainlet.

>> No.13431509

>>13431485
oh of course there is the lightning nodes so 5

>> No.13431512

>>13431497
>it is confusing the read the whitepaper
That's because you read core's definition of bitcoin before Satoshi's. What you don't realise is bitcoin is what's described in the whitepaper, NOT what blockstream and core coiners tell you. This is the root of your confusion

>> No.13431538

>>13431485
>4 different kinds of nodes today maybe more.
Give me a break. The only nodes that propagate blocks and validate transactions are full mining nodes. Every other node can only verify. All they have is a copy of the blockchain (or block headers) given to them by the miners who propagate the fucking blocks.

Give me sauce for this shit your sucking up.

>> No.13431543
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13431543

>> No.13431599

>>13431538
nodes that only verify don't enforce the rules validating nodes create a network that provides herd immunity from defecting miners breaking the consensus rules to nodes that don't validate on their own. that's why i said cashies don't understand this shit.

core sees network nodes as more important than cash. and i tend to agree with them. the p2p networks health and robustness adds to the security of bitcoin as it makes miner defection very costly. even if the majority of hash would stop enforcing segwit rules in blocks received from other miners the network would not propagate those blocks, exchanges would not accept transactions in them, and thus minority hashpower would be incentivized to ignore the majority hash and make money by continuing on the last block that propagated the network the last valid block.

>> No.13431628

>>13431599
>no sauce
>trys to dance around and imply these nodes do anything more than I have already said

How much more pilpul you got in ya? Like I have already said NUMEROUS times. All they can do is verify a rule has been broken, but they cant do shit about it beyond REEEEEing on Twitter or begging a miner to enforce the rules.

Now where the fuck is my sauce?

>> No.13431633

>>13431628
why would you need sauce for something that's evidently true to all p2p networks in existence?

>> No.13431642

>>13431628
>but they cant do shit about it
this is where you are wrong, it's quiet the opposite. all a dishonest miner can do is break the rules but he can't force anyone to accept it especially if his invalid blockchain be it the longest does not propagate. he can't even temporarily confuse verifying nodes. because validating nodes stop propagation. he is standing there alone and keep wasting electricity and bleeding money out the ass.

>> No.13431646

>>13431633
Do you even know what bitcoin is?

>> No.13431648

>>13431633
>I cant post sauce because I'm a lying faggot

Imagine my shock!

>>13431642
>this isn't even my final form pilpul!

Your argument here is they won't accept a block from the rule breaker. Good job, I left out this detail. Meanwhile they do not enforce anything and are still dependent on honest miners to propagate from which they can copy from and add to their chain. Jfc.

>> No.13431667

>>13431646
yes little pajeet, it is consensus.
do you know what consensus means?
what it actually truly means?

>> No.13431676

>>13431648
>Your argument here is they won't accept a block from the rule breaker.
because they are incentivized not to even if the rule breaker has the longest chain. only the longest VALID chain matters and that is because bitcoin is a trustless p2p system that validates.

>> No.13431687

>>13431676
>saying things we all already know
>thinking hes reaffirming his argument
>hasn't refuted anything I said
>still refuses to post sauce

You might get away with this somewhere else, but not here. Post sauce, nigger faggot. Also read the whitepaper.

>> No.13431705

>>13430879
>>13430879
they don't, dash has the hottest chicks.
https://www.youtube.com/watch?v=_-Vr01Ilo54 [Embed] Amanda
https://www.youtube.com/watch?v=-kSE-ZxQj_A [Embed] Heidi
https://www.youtube.com/watch?v=UwdwIoHlrLk [Embed] isabel


https://www.youtube.com/watch?v=20gO_7h3udg [Embed]


dash is being more adopted.

>> No.13431717

>>13431687
>dumb cashie thinks he is not btfo
i'm surprised

>> No.13431730

>>13431717
This is just getting sad. You can't produce Blockstream propaganda that agrees with your bullshit.

>you know it's a shill when...

>> No.13431746

>>13431717
>dumb cashie
You should try to expand your vocabulary a little. Maybe throw in the word "curry" or "pajeet" to spice thing up a little.

>> No.13431748

>>13431730
https://en.bitcoin.it/wiki/Full_node
you could just read this but i know you won't

>> No.13431751

>>13431746
yes it gets repetitive
i'll be back later faggots!

>> No.13431789

>>13431751
>faggots
Very nice. You can improve after all.

>> No.13431797
File: 444 KB, 1080x1830, Screenshot_20190424-175308__01.jpg [View same] [iqdb] [saucenao] [google]
13431797

>>13430942
>>13431003
>>13431215
Core has already been caught in destroying the original project thousand of times. The most hilarious thing I read was that Bitcoin will work as a settlements network beacuse, BTC is not for micropayments.
Absolutely disgusting like pic related

>> No.13431799

>>13431748
Why do you link to a second hand sorce and not the whitepaper? You have read the whitepaper, right?

>> No.13431809

>>13431748
>only describes one type of node, mischaracterizes it calling it a full node
>literally does everything I said a non-full node (miner) does on the network
>they muddy the waters further by describing literally the same kind of node again, calling it an archival node, which has all the same capabilities as the previously described node, but it prunes to save space and bandwidth so only utilizes the block headers

I literally went over all of this. Your shitty artical doesn't even talk about miners and you were ranting about there being a laundry list of node types outside if miners. I can only imagine how many genders you believe exist.

>> No.13431817

>>13431751
I gotta leave before I get btfo again!

I'm sure I'll see you tomorrow shill.

>> No.13431820

>>13431809
>non-full node (not miner)*

>> No.13431826

>>13431817
Meant to green text the first line. REEEEEE

>> No.13431834

>>13431826
Don't worry. He's not sentient so it won't matter

>> No.13431846

>>13431817
>imagine the smell

>> No.13432750
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13432750

Is everyone just gonna pretend the op pic didn't happen? This is unironically MASSIVE! The whole of south africa and a few other countries I don't know the name of, is LITERALLY littered with shops accepting Bitcoin. This is the start of what we have been waiting on for 10 years. This is what adoption looks like

>> No.13432804

>>13430879
>>13432750
OP posted a pic, thus it must be right.
Where is the source? What bitcoin fork is used, if any? What is the volume?
Everybody talking shit and no one asking the important questions.

>> No.13432819

>>13432750
Isn't the transaction fee, like, $50 per transaction?

>> No.13432833

>>13432819
From what I understand this is Bitcoin SV. Don't know the current fees for that but last I checked it was less than a cent

>>13432804
This. Anyone got a link?

>> No.13433126

>>13432833
>Anyone got a link?
https://www.adobe.com/products/photoshop.html

>> No.13433136
File: 2.30 MB, 480x264, C147E211-15B0-4555-A9C2-7C3F11CE96E4.gif [View same] [iqdb] [saucenao] [google]
13433136

>>13433126

>> No.13433163

>>13432804
>>13432833
>>13433126
I found it. Turns out you can even buy bitcoin in the locations with cash, bank and CC. No core coin though

https://twitter.com/Centbee/status/1121131100703797250

https://www.cashmapapp.com/