Bitcoin White Paper's 13th Anniversary Celebrated with Decentralized Pizza (and Gilbert Gottfried) (cointelegraph.com) 72
Today the iconic Bitcoin white paper "celebrates thirteen years of financial disruption," notes Cointelegraph, "after being first published on Oct. 31, 2008, by an anonymous person or entity named Satoshi Nakamoto." (Here's a 2013 story from Slashdot about version 0.3.)
Cointelegraph writes: The white paper, titled Bitcoin: A Peer-to-Peer Electronic Cash System, foresaw the need for a peer-to-peer online payment system that is self-governing, secure and limited in quantity. The Bitcoin network was launched on Jan. 3, 2009, with each Bitcoin priced at $0.0008.... Today, Bitcoin maintains a stable trading value well above $60k after experiencing a gradual appreciation of 7,749,999,900% since its launch.
Cointelegraph celebrated the anniversary by embedding a video of the original bitcoin white paper being read by comedian Gilbert Gottfried — but they weren't the only ones. Entrepreneur/investor Anthony Pompliano celebrated with the return of what he describes as a decentralized pizzeria" named Bitcoin pizza. (An interactive online map shows participating locations around the U.S.A. where pizzas can be ordered with cash or with 0.0003 BTC — either through the web site or through the Uber Eats app.)
"If you want to pay for your pizza in bitcoin, I will gladly take your bitcoin," Pompliano says in a video posted to Twitter. "I don't think that you should use your bitcoin to buy the pizza — but we now accept bitcoin." The five available topping combos even have bitcoin-themed names like "No Keys, No Cheese" and "Satoshi's Favorite" — and the pizzas are all delivered in a special commemorative bitcoin-themed pizza box. "Every single dollar that I make from this, I donate to bitcoin developers," Pompliano explains in the video. "I make zero dollars from Bitcoin Pizza."
"And we're going to keep building this until eventually we are the single largest independent pizza chain in the United States. And then after we become the single largest independent pizza chain in the United States, we're going to turn around, and then we're going to go international."
Cointelegraph writes: The white paper, titled Bitcoin: A Peer-to-Peer Electronic Cash System, foresaw the need for a peer-to-peer online payment system that is self-governing, secure and limited in quantity. The Bitcoin network was launched on Jan. 3, 2009, with each Bitcoin priced at $0.0008.... Today, Bitcoin maintains a stable trading value well above $60k after experiencing a gradual appreciation of 7,749,999,900% since its launch.
Cointelegraph celebrated the anniversary by embedding a video of the original bitcoin white paper being read by comedian Gilbert Gottfried — but they weren't the only ones. Entrepreneur/investor Anthony Pompliano celebrated with the return of what he describes as a decentralized pizzeria" named Bitcoin pizza. (An interactive online map shows participating locations around the U.S.A. where pizzas can be ordered with cash or with 0.0003 BTC — either through the web site or through the Uber Eats app.)
"If you want to pay for your pizza in bitcoin, I will gladly take your bitcoin," Pompliano says in a video posted to Twitter. "I don't think that you should use your bitcoin to buy the pizza — but we now accept bitcoin." The five available topping combos even have bitcoin-themed names like "No Keys, No Cheese" and "Satoshi's Favorite" — and the pizzas are all delivered in a special commemorative bitcoin-themed pizza box. "Every single dollar that I make from this, I donate to bitcoin developers," Pompliano explains in the video. "I make zero dollars from Bitcoin Pizza."
"And we're going to keep building this until eventually we are the single largest independent pizza chain in the United States. And then after we become the single largest independent pizza chain in the United States, we're going to turn around, and then we're going to go international."
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1- You can turn ads off on the right.
2- You can use an adblock
3- If you're seeing bitcoin ads, it's because you are interested in that crap according to the profile the ad companies have on you
Anyway...
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1- You can turn ads off on the right.
Unsets itself periodically. Only blocks sidebar ads on the rare occasion it does work.
2- You can use an adblock
Hooray! But it doesn't block slashvertisements.
3- If you're seeing bitcoin ads, it's because you are interested in that crap according to the profile the ad companies have on you
...which is completely made-up bullshit
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Your ad blocker must be terrible if that happens.
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I don't know what you think you're talking about, but the eligible to block ads checkbox has nothing to do with my ad blocker, and it is broken by design. It doesn't block all the ads on the page, even putting the slashvertisements aside. I don't generally see those because of my ad blocker.
However, I am using both adblock plus AND ublock origin and there's nothing either can do to block embedded slashvertisements masquerading as stories, period. It's puzzling what you think they might be able to do along t
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1- You can turn ads off on the right.
This only seems to work for sidebar ads, and ends up resetting itself every few days (I've given up on it)
2- You can use an adblock
Doesn't cover slashdot's specific ads (the ones at the top of the pages in light yellow), unless you go in deep into your adblocker configuration.
3- If you're seeing bitcoin ads, it's because you are interested in that crap according to the profile the ad companies have on you
LOL hardly - exactly none of the ads I've ever seen on slashdot are relevant - the only thing mildly interesting are the click-baity ones (the "You won't believe what [80s superstars, etc.] looks like now!" type), which I've learned never to click on.
I did not
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I did notice that since about 2 days ago the slashdot-specific ads at the top (the yellow ones) finally changed from their cryptobrowser one to something else (at least for me)
aannd it's fucking back! [ibb.co]
The pizza delivery guy is here (Score:4, Funny)
It's either 0.0003 or 20,000 BTC.
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Most money laundering and criminal enterprises to date still use USD.
https://blog.coinbase.com/fact... [coinbase.com]
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... and what do you think the good old US dollar is used for?
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You’re right. None of those things ever used cash.
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BitCoin transactions are all hold in a public ledger.
Or how do you think all those criminals like "Silk Road" (or however they are called) got caught? If you think you can evade taxes or use BitCoin for criminal payments without getting caught: you are an idiot.
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I'm sure all those ransomware hackers in countries that don't have extradition treaties with Europe and the US are quaking in their boots at the thought of those transactions getting traced back to them.
Bitcoin is laundered just like other currencies, where necessary.
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Perhaps you want to read some of the links?
Then you would realize how simple it most of the time is to get a criminal using BitCoins.
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The problem with banning cryptocurrencies is enforcing it. Yes, a country can force "antivirus" software to scan for any utilities cryptocurrency related, similar to how Apple's proposed scanner from NCMEC works, except with hashes for cryptocurrency than pictures. However, even in cases like that, people could do a part of the transaction online, send it as something else like hidden info in a picture, and get a picture back, where one would copy it offline, etc. It would turn into a whack a mole contes
Poor Gilbert Gottfried (Score:2)
I realize he did it to himself, but - his career has really gone down the toilet.
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He does Cameo now and makes money by the truck load. $175 a pop for a video.
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He's doing pretty good. He's one of the most respected standup comics in the world, and he does a lot of voice acting (probably made a fortune from playing Jafar in "Aladdin"). He also does "Gilbert Gottfried's Amazing Colossal Podcast", which is my favorite podcast of all time.
RETIRE ON BTC (Score:2, Troll)
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All that overtime can pay for a lot of crypto.
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There is some truth to what you say, but in the majority of cases the "wage slaves" are not working for the CEO, but for the asset owners. The rich folks who own the shares.
I think the average CEO and upper management position works harder, and is more away from family with travels than the average employee. Most employees work to live, whereas many managers and CEO's live for the work. That's how they got to the position in the first place. These people have drive and what they do is what they want to do.
tie-ins (Score:2)
And (Score:3, Insightful)
12 years of slashdot claiming bitcoin is going to crash.
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12 years of silly prospectors throwing money on a pyramid scheme. bitcoin has zero social value and is just a way to burn electricity. You're welcome for the correction.
No to mention the level of toxicity and vitriol that would make worst of the PC vs. Mac guys blush.
Re:And (Score:4, Insightful)
Scams can take decades to be revealed (Score:2)
As someone else pointed out recently, [slashdot.org] scams can take decades before they are revealed.
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It did crash, multiple times.
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Pussy definitions? How much value does it have to lose and how quickly, to constitute a crash? BTC's old peak (~$20k) in early 2017 dropped to around $3k in late 2018. A nearly two-year slide that saw it lose ~85% of its value.
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What's YOUR point?
AC claims BTC couldn't crash, AC is wrong. It crashed, and I proved it. Why are you still arguing?
Are you just being dense for the sake of being dense?
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Funny thing... the Bitcoin people seem to drive better cars than you do, so they are right about something. Plus, if you "hodl" BTC, you will be better off than the years before it. It will be worth more in 2022 than 2021, and worth more in 2023 than 2022.
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Bitcoin people seem to drive better cars than you do, so they are right about something.
Yeah, good point - the poster is right: they are driven by greed and their desire to make life worse for everyone else.
Re:Without fiat to give it value.... (Score:5, Insightful)
An ounce of gold has a price given in dollars. Does this mean an ounce of gold is worthless?
Re:Without fiat to give it value.... (Score:4, Insightful)
> Without fiat to give it value, their precious gold/bitcoin is worthless.
That's pretty funny. So gold didn't have any values until dollars? Or until there was a government able to print fiat?
Cause I'm pretty sure gold has had values longer than fiat. Or the idea of fiat. Or governments.
Even bitcoin has value without fiat around. Granted, we don't have ten thousand years of prehistory to know that, but anything scarce men will trade for.
Re: Without fiat to give it value.... (Score:2)
Nothing is priced in gold ounces or Bitcoin, outside of the exchanges they're traded for real currency. Those aren't currencies. I mean you may as well use shares of MSFT as currency over gold or Bitcoin, but that's dumb... and that's what crypto currency is.
Does a share of MSFT have value? Sure, hypothetically, in dollars, which you'll see when you sell it. The reason you buy MSFT is because you hope someone will pay you more in the future than what you paid to buy it. Ok, that's exactly like crypto.
Re: Without fiat to give it value.... (Score:2)
An ounce of gold has a price given in dollars. Does this mean an ounce of gold is worthless?
No, but you have to pawn it for dollars first.
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One thing that is going to make or break Bitcoin is the ability to turn it into real goods. For example, if I want to buy a dinner at a decent restaurant, buy groceries, or get gasoline. Right now, turning BTC back into dollars (or Euros, or galactic credits...) requires going through an exchange, waiting until the transaction goes through on the blockchain, paying a fee to the bank, block owners, etc., and then waiting until the money is deposited.
Then, there is the time it takes for a transaction to get
Re:Without fiat to give it value.... (Score:4, Informative)
You don't need a "bitcoin 2.0" for that. You can use the lightning network. Or other sidechains for bitcoin. Or several other cryptocurrencies that will promise that they are super fast or whatevs. Ultimately, a blockchain can't go holding every coffee purchase, and anyone saying it can isn't being realistic. You could normalize it or whatever, and that will probably happen to bitcoin eventually.
Anyway, this tech exists. If you really want to pay with cryptocurrency for literally everything, you can actually get a card that lets you do that.
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Rereading, by "normalize it", I meant "a blockchain left to persist for long enough grows without limit; you could instead normalize the blockchain by recording some other state of it, such as a recording of what the first N years of the blockchain were, and then proceeding from that". Because that would grow with number of accounts, not number of transactions.
That's a longer term concern I guess.
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LN is a bad hack, and you know it. Polygon might work out though.
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That ship has already sailed. BTC is awful as a system for resolving debts. Nobody's going to fix it. Ever. If you want something you can actually spend as cash, you should be looking at other tokens on other blockchains.
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I am not trying to be insulting, but curious... there are a ton of altcoins there with a lot of advocates. What altcoin would be something usable that would be good for paying bills, buying groceries, and other everyday stuff?
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DAI, or maybe TUSD or USDC. USDC has market presence but I'm wary of their asset governance.
BTC IS NOT BITCOIN (Score:1)
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And what is? BCH? BSV? Let's have a Bitcoin War!
FIGHT