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BillyCipher

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  1. I didn't get my physics degree from Google. Perhaps you are thinking of the inability of classical physics to describe quantum phenomena? That is, of course, true. However, at macro scales quantum mechanics reproduces classical physics. "Standard math" works just fine, as quantum mechanics is mathematics.
  2. Uuh, no. Your understanding of math is wrong. Quantum mechanics is math.
  3. There is nothing special about the number of places to the right of the decimal in either Bitcoin or XRP. I'm sure that the particular choices that were made were more for aesthetics than anything else. If either Bitcoin or XRP gained in value so much that the smallest denomination became too large, they would just update the code to allow further subdivision. I recall David Schwartz even stating as much in some video that I'm too lazy to find. Google around for something to the effect of "64-bit floating point" and you'll get the general idea. We're a long way off from what the limits 64-bit architecture allows.
  4. This is a very silly analysis. Both drops and satoshis can be further subdivided into smaller units if needed. It is just a minor code change. Nothing to see here, guy in video is ill informed goober. That is all.
  5. Could we at least have topic titles that make grammatical sense? WTF does "XRP will at $5" even mean?
  6. Ahh, ok, not good for the Chinese. Sure, that's true I suppose. Though the point I was making was that the location of the miners is not going to affect the markets - so, a non-event to anybody who isn't a Chinese miner.
  7. I'm not sure what you mean. If anything, Bitcoin would be less centralized if China stopped mining.
  8. Whether bitcoin is mined in China or not will have no relevance to anybody other than the miners themselves. Coins will continue to be mined the same as before, just somewhere else.
  9. This is definitely an infrastructure issue. Like the Chicken said, this sort of thing takes months. I happen to have recently worked for a consulting firm that specializes in exactly this sort of thing. What Coinbase needs to do, if they haven't already started, is to completely re-architect and automate their infrastructure so that growth and traffic spikes are handled more-or-less automatically and in a way that is transparent to the user. What I suspect they may have been doing (perhaps still are?) is throwing more of the same at the problem and just making their existing sh*tty infrastructure larger and less manageable. What they likely need is an entire rebuild from the ground up. This is neither easy nor cheap. Also, the expertise to do this is likely something that does not exist within the company - so, they need to 1.) be able to recognize this in the first place, and 2.) have the humility to be able to reach out for help. Even if they are able to do the above, it is entirely possible that whatever consulting firm (or new hires) that they hired fail, or take way f*cking longer than expected. At this point, in my estimation, I think that they've probably had enough time that a sufficiently competent team could have re-architected their systems by now. So, I suspect one of the following: - they are forever extending their existing infrastructure, in which case their growth issues will never end, or - they took a long time to decide to re-architect and are still working on a parallel build out, or - the team they hired is running in to more issues than expected/made poor choices/lack the required expertise/etc.
  10. That's not going to work that way. Bitcoin will continue to be mined at the same approximate rate regardless of where the miners are. The only people that a mining crackdown in China will hurt are those specific miners. With those miners gone, the mining difficulty level automatically adjusts and coins are mined exactly as before, just somewhere else.
  11. I believe the word that y'all are looking for is "oligarchy." A relatively small number of families/corporations have their fingers in most everything, including one another. Search long enough and you will find links basically everywhere.
  12. Hmm, I don't know that the Q4 statement will really have much that we don't already know. There might be a few numbers in there that we haven't yet heard, but this is a statement about the past, after all. I really wouldn't expect too much excitement from a Q4 statement.
  13. Ya, this one in particular is so terrible. Not only do you have to trust whoever made the thing to not steal your funds at any point in the future, but you also have to trust literally anybody at the company who comes anywhere near it, as well as anyone else who could possibly come near it. Why couldn't they at least have but the secret key text under the scratch-off as well? The mind boggles.
  14. Hey, guise... This is a little random, but WhoTF would actually buy this? https://www.ebay.com/itm/Ripple-Offline-Cold-Wallet-Secure-Metal-Card-Storage-Gift-card-AxiomCrypto-XRP-/222780434806?hash=item33debfa976 You have to scratch off a sticker to see the private key QR code, but the actual private key IS PRINTED ON THE BACK:
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