/biz/ - Business & Finance

>>16754525
>Iran have their wealth tied to some form


Meant to say Iran needs a store of value that is pegged to something instead of minted from thin air

Good luck dumbass

PoW is big brain. PoW + PoS layer is bigger brain. Best of both worlds.

>>16754537
What really matters is that the network is permissionless.

People like to jack off about decentralization, but what that really means is that some guy in New York can't push a button and disable your account.

>>16754525
>and not worthless tokens minted out of thin air like Ripple and Ethereum 2.0.

XRP is minted out of thin air, but not Ethereum 2.0. ETH 2.0 uses the exact same nakamoto consensus mechanism for minting as bitcoin does, the only difference is that the value that is staked is different. In bitcoin, you stake the electricity and hardware cost of your miners, in ethereum 2.0 you stake the opportunity cost and loss of liquidity of money that is locked. Both are equally secure, but ethereum's approach is far more energy efficient and thus less harmful to society.

>>16754650
Stay poor

>>16754776
I've already made more than probably 99% of people on this board

>>16754525
>Dash

>>16754525
ETC and LTC are dead coins I cashed mine for BNB

>>16754525
Monero gang

SAFEX is pow and is not going to make it because it's a scam

>>16754525
PoW > PoS

its more fair since you don't need stake/money to participate, and its an open system. POW makes the most sense.

>>16754650
proof of stake is fiat 2.0, the rich get richer.
PoW is an open system anyone can join.

>>16755406
>its more fair since you don't need stake/money to participate
Yes you do, the money you use to buy the mining hardware and electricity is the stake.
>and its an open system
So is PoS

>>16754545
>xmr privacy: medium
>zcash privacy: high

Iran will be glassed and BSV is bitcoin

Deal with it

>>16755299

Check out Orion Protocol, it's going to be bigger than BNB in a year or so

>>16754525
>These are all examples of coins that are actually tied to some value
they are not tied to anything, mining is a cost, not a source of value.
it's so obvious I don't even understand how people can think like you
>this machine makes nails
>it's super efficient and each nail is flawless
>each nail cost $0.0001 to make

>this manual worker makes nails
>he's slow and nails are shit
>each shitty nail costs $1 to make

>therefore, the shitty nails that cost $1 to make are worth more than perfect nails made by a machine
???

>>16756216
didn't read a word (serious)

keep buying your worthless tokens, meanwhile BTC and XMR holders will be rich next bull run

>>16755653
Ewww centralization. It’s a company, yucky. Worse than dash

>>16754525
Honestly I know this argument is appeal to authority, but I legitimately believe Vitalik is smarter than you and has thought about this much more than you have. So I trust his judgement over yours.

>>16756465
>trusting someone on the spectrum

Will I make it with Snowblossom?

Imagine NOT having Monero in your portfolio.

>>16754545
who says monero cannot prune the BC???

>>16756465
That's not Vitalik that's Meth user

>>16757036
its been pruned lol

>>16754525
>>16754537
Iran doesn't need your shitcoins. Iran has an intaglio printer (the same printer USA uses to make their money) and prints unlimited amounts of US $100 bills of higher quality than US made bills. USA gave them the printer, the paper, and the ink in the 70s and they source the paper and ink on their own now.

https://www.latimes.com/archives/la-xpm-1992-07-02-mn-1906-story.html
From 1992; LA Times cover the story of Iran printing money and shipping it via Syria. 27 years ago man... wow. But anyway- this is the earliest explanation/exposure of the superdollar and unlike my version of the story? Blames Iran from the get-go.

https://www.nytimes.com/1996/02/27/world/super-counterfeit-100-s-baffle-us.html?pagewanted=all
From 1996; Coverage about the super dollar crisis; reveals the CIA/Secret Service arguments over the scale of it; and shows how back then? Iran was still seriously in the frame.

http://kentimmerman.com/krt/960227sbc.htm
From 1996; THIS is amazing. This is one man’s testimony before a US Congressman in 1996- you want to see how deep the rabbit hole goes? This is it.
In this Iran is clearly responsible and it goes into extrondinary detail; wanna insight to the mid-90’s world of spies and espionage and terrorism? This is it.

https://www.independent.co.uk/news/iran-tried-to-hire-ira-hit-men-provos-turned-down-offer-of-guns-missiles-and-cash-to-murder-three-1433403.html
From 1996; an account of the Iranian request for the IRA to assassinate 3 dissidents. While this story is interesting in itself the crucial bit lies a bit down- the offer of $6 MILLION in fake currency.

>>16754525
>>16754537
>>16757397
https://books.google.co.uk/books?id=_9a4SnKjGwQC&pg=PA52&redir_esc=y#v=onepage&q&f=false
From 1996; THE definitive US government guide to the superdollar problem- included here is everything folks knew at the time AND (most interesting) the sometimes snide comments from the US treasury, US Secret Service, State Department, Federal Reserve etc about the report.
But yeah. This document can blow my theory out of the water OR could be used to win the case.
It’s heavy going but hey- google let us read it for free. Win.

http://news.bbc.co.uk/1/hi/programmes/panorama/3822005.stm
From 2004; Irish terrorist arrested for shipping superdollars into the UK via a Russian mafia connection.

https://archives.fbi.gov/archives/news/stories/2005/august/pistole_082205
From 2005; the FBI blowing many trumpets about Operation Royal Charm and Operation Smoking Dragon. Again included because of the fake currency being imported in.

http://news.bbc.co.uk/1/hi/england/manchester/4087404.stm
From 2005; the UK gang is brought down; printing high quality $100 bills; the link to the larger scandal is supposedly they got copies of the fake Middle Eastern ones. However I include this as it could ALSO show that the counterfeits are the work of many many gangs and there is no central producer.

https://www.dailynk.com/english/nk-supernotes-still-circulating-re/
From 2006; South Korean website who reports on news from North Korea- HUGE breakdown of NK involvement in the distribution of fake US currency.
Worth noting- details how the North Koreans used their embassy in Moscow as the main clearing station.

https://m.washingtontimes.com/news/2009/jun/02/n-korea-general-tied-to-forged-100-bills/?feat=article_top10_read
From 2009; US version of the belief North Korea is behind it all.

>>16754525
>>16754537
>>16757397
>>16757402
https://fas.org/sgp/crs/row/RL33324.pdf
From 2009; a CRS report for members of Congress about North Korea’s involvement in the superdollar distribution. It DOES accept that there is no evidence the MADE the stuff but focuses on how they spent it.

https://www.rte.ie/news/2011/0718/303851-garlands/
From 2011; IRA terrorist we mentioned in the 2005 story above goes on trial for extradition to the USA for his role in the superdollar syndicate. He was NOT extradited.

https://www.szzcxforensic.com/super-dollar-detecting/
From 2017; a forensic equipment site shows how tough it can be to spot superdollars from real ones; nice summery of the case included.

http://afghanistan.asia-news.com/en_GB/articles/cnmi_st/features/2018/09/14/feature-01
From 2018; local Afghani news service; Iranians passing off shed loads of fake US Dollars in order to get US dollars out of Afghanistan and into its country. As a result? Parts of Afghanistan are dropping into economic trouble.

>>16754525
Dash uses PoS though, not PoW?