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Comment Re:More on Bitcoin (Score 1) 202

Yes, environmental concern will eventually force a shift to more sustainable DLTs. Many modern DLTs have done away with mining all together and require transaction energy cost substantially less than VISA. There are lots to choose from today. Additionally, this writer seems to be completely ignoring the merits of p2p value transfer without middle men and smart contracts.

I get annoyed reading the negatively biased comments here on slashdot because it was smart folks here who convinced me not to invest in BTC back in 2011 when it reached $1 for the first time. https://slashdot.org/story/11/...

Comment Re:It's just a get rich quick scheme (Score 1) 559

LEH isn't a great example because investing in crypto is different than investing in an equity. With a traditional equity, if a company goes under, you lose your money. With DLT, if the organization that governs its development goes under, the DLT remains and is available to be picked up by others. You will never lose your tokens. If you find a DLT with a huge community backing, partnerships with governments and tech companies, and technology that in some way makes it superior to others for a given market, then why not invest? By and large the folks who voice the loudest criticism of cryptocurrencies typically have very little or no grasp on exactly what they are and why DLT is such a ground breaking and disruptive technology. Why is removing banks from digital transfer of value important? How big is the IOT market projected to be in a few years? Is it possible to monetize IOT using traditional methods of payment? Imagine being able to send funds to anyone instantly with zero fee and no middleman in a secure auditable way. Imagine a payment network that can grow without limit and with each additional transaction gets faster. One of my favorite presentations that gives a fantastic high level vision of one of my favorite DLT projects (IOTA) was given by Terry Shane and can be found here: https://www.youtube.com/watch?.... As a developer, I find it amazing to be able to use a simple IOTA library to accept payments in iota -- programmatically adding them to the DLT -- and then receiving an event that can be reacted to once payment (or data with no money... you can send anything) is confirmed... all without banking apis, payment processors, etc. I'm personally still in the green with regard to my own crypto investments. No money has been lost, and I am comfortable with the possibility of losing my investment.

Comment Re:It's just a get rich quick scheme (Score 1) 559

In the words of Warren Buffett, it's called "the greater fool business model" and it's the belief that a greater fool will come along and pay you more than you paid.

That doesn't exactly apply here. It's not about whether or not some fool will come along and buy something you purchased for more money than you paid - it's about believing the value will rise naturally due to speculation + adoption + technical advancements (in cases like IOT data monetization). It's a high risk + high reward investment, and you need to go into it understanding that you could very easily loose your entire investment. If you are young, it probably makes sense to put a small percentage of your portfolio into crypto, but don't be stupid about it. 5% of my portfolio is currently in crypto, and as a strong believer in DLT + potential to disrupt many industries, I'm using this bear market to increase that percentage through dollar cost averaging (buying small amounts each month).

Comment Re: Queue the bitter "Bitcoin is a bubble/scam" po (Score 1) 221

Bitcoin is an effective means to store value, which is bestowed upon it by a global market interested in decoupling economy from government and centralized control. I can now send relatives money instantly and with zero fee by trading (easy and free) BTC for IOTA. If I want to purchase something privately without worry of ever being associated with the purchase, I can trade my BTC for Monaro. This is not a bubble-it's the birth of an entirely new asset class which has a market cap that has yet to be even close to realized.

Comment Re:That sucks and all, but... what about Homesite? (Score 1) 262

Have you checked out the code view enhancements in DW8? This is obviously something that Macromedia put a lot of attention to in this new release. It is far better than previous versions of DW code view. In my opinion, it was a smarter choice for macromedia to extend the code view portion of DW than focus their attention on an entirely seperate product like homesite that would be used for the same purpose.

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