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To: catnipman

The other day someone on FR described crypto this way:

“a plain ‘ol ordinary scam: Magic Internet Beans conjured out of thin digits at the snap of a GOTO statement”

Couldn’t have said it better myself


2 posted on 01/01/2023 5:46:49 AM PST by V_TWIN (America...so great even the people that hate it refuse to leave!)
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To: V_TWIN
My young adult "kids" think blockchain is going to be a thing for recording transactions one day, even if crypto fades like "investing in Beanie Babies" did. LOL

I tell my kids that what we today call "blockchain" is new lipstick on an old pig that we used to call "distributed encryption" in my junior programmer days. I can see a few use cases for it. But if it was going to ever take off and be one of the main ways transactions are recorded, it's had literally decades to catch on and hasn't yet. There's no there there.

3 posted on 01/01/2023 5:51:20 AM PST by Tell It Right (1st Thessalonians 5:21 -- Put everything to the test, hold fast to that which is true.)
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To: V_TWIN
“a plain ‘ol ordinary scam: Magic Internet Beans conjured out of thin digits at the snap of a GOTO statement”

OOooooo . . . . I'm stealing that to take to other sites.

57 posted on 01/01/2023 12:55:54 PM PST by fella ("As it was before Noah so shall it be again," )
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