Message from @searsaw

Discord ID: 294282924843597826


2017-03-23 01:30:57 UTC  

I'm on minds, it's pretty good

2017-03-23 01:31:02 UTC  

I hate bittorrent

2017-03-23 01:31:13 UTC  

n00b

2017-03-23 01:31:15 UTC  

You wouldn't know it was BitTorrent

2017-03-23 01:31:35 UTC  

Just uses the distribution technology to spread the bandwidth

2017-03-23 01:33:08 UTC  

Also helps ensure it stays online and cuts down costs for the initial growth necessary to attract a user base. Plus it'll pay out all monetization income directly other than operational costs and a negligible percentage fee

2017-03-23 01:33:20 UTC  

@mrd9 use the ethereum blockchain to process payments if you're planning on fighting against patreon too. make your own currency people can purchase like tokens to spend on their favorite streamers. fully decentralized and secure but can be kept anonymous.

2017-03-23 01:33:49 UTC  

Heh I've been on the ethereum train for a long time

2017-03-23 01:33:58 UTC  

Old school DNM dork here

2017-03-23 01:34:06 UTC  

I've heard of blockchain actually, sorry if I sound stupid talking about it but it's something that's been taking off recently right?

2017-03-23 01:34:15 UTC  

Yes

2017-03-23 01:34:20 UTC  

nice. just got involved a little bit ago. gonna build a rig here soon so i can mine as much as i can before they go to PoS

2017-03-23 01:34:21 UTC  

Especially in financial tech

2017-03-23 01:34:36 UTC  

GPUs way to go

2017-03-23 01:34:40 UTC  

definitely.

2017-03-23 01:34:45 UTC  

so it lets you make your own currency?

2017-03-23 01:34:51 UTC  

anonymously

2017-03-23 01:34:55 UTC  

or something

2017-03-23 01:34:59 UTC  

I got into BTC when it was at 1.70 per

2017-03-23 01:35:12 UTC  

Block chain is essentially a ledger

2017-03-23 01:35:16 UTC  

damn. you the one who paid a shit ton of BTC for pizza delivery? lol

2017-03-23 01:35:30 UTC  

Haha ha no but o know the article you're referencing

2017-03-23 01:35:43 UTC  

a ledger?

2017-03-23 01:35:43 UTC  

I still own a bjnch of physical bit coins

2017-03-23 01:35:51 UTC  

Yeah like a transaction ledger

2017-03-23 01:36:00 UTC  
2017-03-23 01:36:10 UTC  

essentially a set of transactions showing transfer of BTC from one wallet address to another.

2017-03-23 01:36:16 UTC  

Exactly

2017-03-23 01:36:43 UTC  

so it's pretty much useless unless you have bitcoin

2017-03-23 01:36:48 UTC  

So while in essence it's anonymous and a lot of people like to think of it as bulletproof it's not 100% unless you take a LOT of precautions

2017-03-23 01:37:02 UTC  

wait is it illegal?

2017-03-23 01:37:08 UTC  

also blockgeeks.com/guides has some good articles that explain stuff.

2017-03-23 01:37:15 UTC  

completely legal

2017-03-23 01:37:18 UTC  

Well blockchain tech has a TON of potential and other uses

2017-03-23 01:37:24 UTC  

as in.

2017-03-23 01:37:24 UTC  

?

2017-03-23 01:37:38 UTC  

am i automatically on the call in show waiting list or how do i?

2017-03-23 01:37:46 UTC  

It's legal but it's got a bad rap due to the fact it's highly associated with online drug markets on the dark net

2017-03-23 01:37:51 UTC  

voting, banking, any sort of contract

2017-03-23 01:38:24 UTC  

And the federal government is against it in a lot of ways and give exchanges a hard time getting financial licenses to trade in btc

2017-03-23 01:38:35 UTC  

As it's a threat to the federal reserve