Jump to content

Cryptos


Foxx

Recommended Posts

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 :doh:

 

Or did they....

 

On my way out the parking lot I see the same two guys pulling away in the same car :censored:

Link to comment
Share on other sites

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 :doh:

 

Or did they....

 

On my way out the parking lot I see the same two guys pulling away in the same car :censored:

Thanks. I'll have to remember this.

Link to comment
Share on other sites

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 :doh:

 

Or did they....

 

On my way out the parking lot I see the same two guys pulling away in the same car :censored:

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! :beer:

Link to comment
Share on other sites

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 by Foxx
Link to comment
Share on other sites

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.

Link to comment
Share on other sites

Or when somebody inevitably uncovers a vulnerability in the crypto

 

9ae6a7e6f64bbe6949fed8c8911340225373c7f7

 

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.

Link to comment
Share on other sites

 

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.

Link to comment
Share on other sites

 

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.

Link to comment
Share on other sites

×
×
  • Create New...