Wait, if everything is inflated, then really, everything is actually in balance? But ok, so if most things are inflated, then what has proper value or is under valuated?
Subject being blockchain, I'm pretty sure Ethereum, Augur & MakerDAO are ones of those few rare under-valuated assets. Disclosure: I might own a few coins of each.
ethereum is undervalued @ over $200 a token because...what?
this is tulip mania. at least when a stock price shoots up over news, that company is (generally) backed by revenue. a sales channel. assets. something. anything.
a cryptographic signature is only worth something if a group of people all agree it is worth something.
before someone makes the fiat argument -- the USD is worth something because there are a lot of bullets and bombs behind it.
The correct analogue of cryptocurrency is not USD (because of the bullets and bombs you mention), but rather precious metals, particularly gold and silver. Yes, the metals do have practical applications, but that does not account for the majority of their price (value?).
You're gonna have a bad time if you are comparing cryptocurrency to metals. There are dozens of currencies that are widely used at the moment, and I'm willing to bet over the next 2-4 years we will get into the hundreds. Your cryptocurrency isn't valued because its rare, it's because everyone else is buying into the same coin. It only takes one new currency to come in and be better than YOURS to reduce its demand and subsequent value - no matter how rare your coins are. It's a stock market not a gold coin collection.
Well, not me, because I use the analogy to metals to not invest in crypto currency either. They're non-productive assets. I stick to stocks, bonds, and real estate.
USD was last valued in gold in the 1970s, it is a free floating Fiat currency since Nixon took down the Bretton Wood's gold backing.
USD is now viewed as obligations of the Government of the United States which gets its revenue from taxing its economy (a function of GDP) and is secured by the bullets and bombs parent writes about.
No it isn't, Gold is valued at 1238 USD per ounce.
It is also priced/valued against other major sovereign currencies like the euro, renminbi, yen, aud with enough spread for profitable arbitrage across exchanges when trading hours overlap for Sydney, Hong Kong, Beijing, Mumbai, Frankfurt, London and New York.
In my opinion, what it means is that you can expect lower than historically average returns on investments over the next decade or so. This could mean a crash followed by normal returns or just pitiful yet slow and steady growth -- no way to predict the path we get there.
It also means cryptocurrencies will be bid up in the short to medium term without regard to their fundamentals. Best of luck with your coins.
Everything can be inflated as these are income paying securities. If all securities pay meagre (or negative!) returns then all assets can be inflated simultaneously.
zcash, specifically when using the z-addr and not the t-addr sending method, can provide guaranteed anonymity. Others generally provide anonymity through obfuscation, which isn't "ideal".
Not to say zcash is perfect and alternatives are imperfect. There are pros and cons to each.
I wish more people would understand the deep but simple meaning and truth behind those words. At least it gives me a glimmer of hope when I see someone else thinking that way.
Couldn't Blockchain technologies along with big open source projects become a great source of big data? Ideally used with open-source projects. I'm thinking Augur for one but a lot of projects connected to the Ethereum network feels they could be great source of data that can be analyzed.
I agree right now big data centralisation is a problem indeed, but I don't believe it will last. I mean, those big companies will remain but Blockchain tech is fairly likely to take a big spot in there with them, I believe.
The laser is very weak, it can't even blast through the exoskeleton, it just destroys their wings. (it is a cheap laser like those used in blu-rays...and it needs to use a minimum of energy)
Also, its sensors are smart...it can tell the difference between male and female mosquitos by beats per second of their wings. So that shouldn't be a problem.
Great to make it look like someone took the time to do a bio about you because you're important, while it's just you writing. Lack of self-confidence if you ask me.
How do you figure? Every time I've been asked for a bio for a conference or similar, they've asked for it in third person. Reading bios in conference proceeding in first person would just come across as weird to me.
The difference is having a bio on a website about yourself versus a bio on a website about a lot of people. No one thinks that your johndoe.com site was made by your official fan club.
You really named your user account after WHAM!? That's fucking awesome. Tell me you're either George Michael or Andrew Ridgey in deep disguise... please please.
Maybe it looks like that to you because you're unfamiliar with this format? To me it looks like he's written a short bio that's ready for dropping into where it's needed.
Subject being blockchain, I'm pretty sure Ethereum, Augur & MakerDAO are ones of those few rare under-valuated assets. Disclosure: I might own a few coins of each.