Chef Jim Posted August 19, 2017 Posted August 19, 2017 And thanks for the advice, but I don't need any advice. Particularly about Bitcoin. Hey..hey.....hey. I never step on your idiot trademark so I suggest you not tread on mine.
/dev/null Posted August 19, 2017 Posted August 19, 2017 Come on Tom you can't be that stuck in the mud. Sooner or later currency will go digital in modernized countries. The obvious is the isolated 3rd world countries. I witnessed a scam the other day at Wawa For those unfamiliar with Wawa it's gas station chain with a sandwich shop inside. You walk in, use a touch screen kiosk to order a sandwich and a ticket is printed out. You pay at the register while the sandwich is made. When the sandwich is ready they call your number, you put your ticket in a basket, and collect your sandwich I'm there ordering a sandwich minding my own business and see another patron walk up, says the number and puts a piece of paper into the bin. Wawa hands over the sandwich. Not unusual, people don't hear their number the first time, they get stuck in line, go out to fuel their car, or hit the bathroom while the sandwich is being made A minute or two later another patron asks for the same number which has already been handed away. They check the receipt which has the number and is stamped as paid. They check the basket and find a blank piece of white paper. Somebody walked off with the other guys sandwich Or did they.... On my way out the parking lot I see the same two guys pulling away in the same car
Chef Jim Posted August 19, 2017 Posted August 19, 2017 I witnessed a scam the other day at Wawa For those unfamiliar with Wawa it's gas station chain with a sandwich shop inside. You walk in, use a touch screen kiosk to order a sandwich and a ticket is printed out. You pay at the register while the sandwich is made. When the sandwich is ready they call your number, you put your ticket in a basket, and collect your sandwich I'm there ordering a sandwich minding my own business and see another patron walk up, says the number and puts a piece of paper into the bin. Wawa hands over the sandwich. Not unusual, people don't hear their number the first time, they get stuck in line, go out to fuel their car, or hit the bathroom while the sandwich is being made A minute or two later another patron asks for the same number which has already been handed away. They check the receipt which has the number and is stamped as paid. They check the basket and find a blank piece of white paper. Somebody walked off with the other guys sandwich Or did they.... On my way out the parking lot I see the same two guys pulling away in the same car Thanks. I'll have to remember this.
Augie Posted August 19, 2017 Posted August 19, 2017 I witnessed a scam the other day at Wawa For those unfamiliar with Wawa it's gas station chain with a sandwich shop inside. You walk in, use a touch screen kiosk to order a sandwich and a ticket is printed out. You pay at the register while the sandwich is made. When the sandwich is ready they call your number, you put your ticket in a basket, and collect your sandwich I'm there ordering a sandwich minding my own business and see another patron walk up, says the number and puts a piece of paper into the bin. Wawa hands over the sandwich. Not unusual, people don't hear their number the first time, they get stuck in line, go out to fuel their car, or hit the bathroom while the sandwich is being made A minute or two later another patron asks for the same number which has already been handed away. They check the receipt which has the number and is stamped as paid. They check the basket and find a blank piece of white paper. Somebody walked off with the other guys sandwich Or did they.... On my way out the parking lot I see the same two guys pulling away in the same car That worked great at the Mighty Taco at 2:00am. You didn't even need a piece of paper, just wait for an order that sounds good!
Miyagi-Do Karate Posted August 19, 2017 Posted August 19, 2017 Half of us on here can't use cruise control yet and you expect us to mine crypto currency?
PromoTheRobot Posted August 19, 2017 Posted August 19, 2017 When Armageddon hits a can of tuna will be more valuable than a bitcoin or a brick of gold. 1
Foxx Posted August 19, 2017 Author Posted August 19, 2017 (edited) When Armageddon hits a can of tuna will be more valuable than a bitcoin or a brick of gold. no doubt. however, if you live your life waiting for armageddon, life will just pass you by. that being said, I think the precious metal, lead will be quite valuable in your scenario. best to make hay while the sun shines my friend. Edited August 19, 2017 by Foxx
ExiledInIllinois Posted August 19, 2017 Posted August 19, 2017 When Armageddon hits a can of tuna will be more valuable than a bitcoin or a brick of gold. Yeah. The devil is in the details. Most won't know how to open that can. More tuna for Us! What's that do? P-38, huh??? Where's the power cord? No pull tab? You want me to do what?
DC Tom Posted August 19, 2017 Posted August 19, 2017 When Armageddon hits a can of tuna will be more valuable than a bitcoin or a brick of gold. Soap will be more valuable than tuna. My wife wants to stockpile clothes in the basement for the upcoming Trumpocalypse. I keep trying to explain to her: soap, alcohol, and salt. And blockchain currency, of course. Come on Tom you can't be that stuck in the mud. Sooner or later currency will go digital in modernized countries. The obvious is the isolated 3rd world countries. Currency is already digital in most countries. What LAMPy McLAMPenstein forgets is that the technology underlying bitcoin isn't bitcoin-specific. It's applicable to a much wider variety of exchanges, not even limited to currency.
/dev/null Posted August 19, 2017 Posted August 19, 2017 When Armageddon hits a can of tuna will be more valuable than a bitcoin or a brick of gold. Or when somebody inevitably uncovers a vulnerability in the crypto
DC Tom Posted August 19, 2017 Posted August 19, 2017 Or when somebody inevitably uncovers a vulnerability in the crypto Cant' be much worse than the current state of things. Can't share the details, as the FBI is investigating...but I know of a recent incident where a series of fake wire transfer request resulted in a large sum of money ("millions") being sent to an ISIS bank instead of a commercial developer's account. They're now looking at moving away from wire transfers to certified or cashier's checks...which they moved away from because losses to fraud were too great. The weak point in crpytography is always the people using it. Even if anyone breaks the blockchain algorithms underlying bitcoin, it's still going to be easier and cheaper to target the idiots using it.
Pine Barrens Mafia Posted August 19, 2017 Posted August 19, 2017 Cant' be much worse than the current state of things. Can't share the details, as the FBI is investigating...but I know of a recent incident where a series of fake wire transfer request resulted in a large sum of money ("millions") being sent to an ISIS bank instead of a commercial developer's account. They're now looking at moving away from wire transfers to certified or cashier's checks...which they moved away from because losses to fraud were too great. The weak point in crpytography is always the people using it. Even if anyone breaks the blockchain algorithms underlying bitcoin, it's still going to be easier and cheaper to target the idiots using it. And just wait till quantum computing renders the cryptography obsolete.
DC Tom Posted August 19, 2017 Posted August 19, 2017 And just wait till quantum computing renders the cryptography obsolete. SETEC Astronomy.
Pine Barrens Mafia Posted August 19, 2017 Posted August 19, 2017 SETEC Astronomy. Obscure movie references are obscure
DC Tom Posted August 20, 2017 Posted August 20, 2017 Obscure movie references are obscure Great movie, although it didn't age well at all.
Philly McButterpants Posted August 20, 2017 Posted August 20, 2017 Half of us on here can't use cruise control yet and you expect us to mine crypto currency?
Augie Posted August 20, 2017 Posted August 20, 2017 Half of us on here can't use cruise control yet and you expect us to mine crypto currency? Well done, sir!
Just Jack Posted August 20, 2017 Posted August 20, 2017 SETEC Astronomy. I was just thinking about that the other day, that it's been years since I've watched it
Foxx Posted August 20, 2017 Author Posted August 20, 2017 Soap will be more valuable than tuna. My wife wants to stockpile clothes in the basement for the upcoming Trumpocalypse. I keep trying to explain to her: soap, alcohol, and salt. And blockchain currency, of course. Currency is already digital in most countries. What LAMPy McLAMPenstein forgets is that the technology underlying bitcoin isn't bitcoin-specific. It's applicable to a much wider variety of exchanges, not even limited to currency. precisely. that is why the title of this thread is, Cryptos (i started a different Bitcoin thread which i will resurrect and gloat a bit in a few). there are so many companies that are coming into existence that are utilizing the smart contracts of the Etherium Blockchain that it is literally changing the face of the financial landscape as it exists today. and that is the purpose of this thread. to expose the unaware to the new reality that will be thrust unto their paradigm and to be ahead of the curve or at the very least to be prepared for it. the old economic model is slowly dying. we have been seeing signs of this all around us for over a decade now. brick and mortar won't completely go away, but what you now know to be, is going to be dramatically different in another decade. commercial real estate is in trouble. there is a revolution happening. be a part of it.
Chef Jim Posted August 20, 2017 Posted August 20, 2017 Soap will be more valuable than tuna. You're obviously not French.
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