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[Guide] How can I buy stuff online in Lebanon?
Can I use the old USD in the bank (lollars) to buy online?
Most banks have very low internet limits. We're talking about $15-$20 per month limit. It is expected that all banks decrease this limit to 0 soon. That being said, banks are not treating customers equally. You might have a better internet limit than other people. Call your bank's call center and ask about your internet limit.
Can I use my LBP card to pay online?
Banks stopped all fx transactions (changing from LBP to USD). So the answer to this question is 99% of the time no. That being said, banks are not treating customers equally. You might have a better internet limit than other people. Call your bank's call center and ask about your internet limit.
Amazon/Expedia/Steam/Other website is showing the items in LBP and the invoice and total are in LBP, can I use my LBP to pay it?
No. Amazon and other websites show their invoices in all currencies around the world depending on where you're opening the website from. They only accept USD. When you click to purchase, Amazon will attempt to bill your card in USD. Your bank will refuse to exchange from LBP to USD and the payment will be declined.
2. Tell the bank you're expecting to receive an international incoming bank transfer and want to withdraw it in USD
Some banks are giving out the entire incoming bank transfer in USD. Other banks are giving 80% of the incoming transfer in USD while giving the rest in LBP. Make sure you talk with your bank and negotiate the entire thing before any transfer is done
3. Transfer and withdraw the money in USD
Transfer can take from 4-7 business days and costs will be incurred on the sender and the receiver Fees: Varies between 5/1000 and 10/1000
When you purchase Bitcoin through any of the mentioned websites, you will be able to send Bitcoins to a wallet of your choice or keep them on the exchange.
2. The person who's going to receive the money in Lebanon opens a bitcoin wallet
The person who's going to receive the money in Lebanon opens a bitcoin wallet that can be done in less than 2 minutes using any of the free wallets such as (BlueWallet,Coinomi, Exodus) This can be done for free on a laptop or mobile phone.
3. The sender sends the bitcoin from his wallet to the receiver's wallet
4. The transfer could take up to 10-20 minutes and should not take more than $1 per transaction.
5. Once the receiver (Person in Lebanon) receives the bitcoin, he can list them for sale in exchange for USD or black market rate LBP
However you can skip this step by arranging a trade by yourself so instead of sending it to your family or friends you can send it to the person who is willing to buy it from you and they will deliver LBP as per your arrangement or through OMT.
1. Transferring money from abroad through Western Union is possible but not advisable because of the huge loss that will be incurred on the receiver 2. Check today's rate here: https://www.omt.com.lb/en 3. For example, today for every 1 USD that Western Union/OMT receives from abroad, they will give out 3,800 LBP. At the same time the black market rate today is $1 = 8,500 LBP. Check the current black market rate here On August 6, 2020, BDL released a new announcement requesting all money transfer companies to give out the money in USD. The announcement can be found here. Fees: Usually around 20/1000 Be careful when using these services as high fees might be incurred.
Monthly Credit Card Limit USD 150-200 - Ways to Use this Amount?
I was trying to buy a spare part for a motorcycle for a friend off Ali Express. The amount exceeded USD 150 so at first I thought my Audi Credit Card will not work, but surprisingly it did. Taking that into consideration, I am assuming the international limit on it is USD 200 (maybe more but I doubt it). I don't want to call the bank and ask because they might just block it or whatever. No trusting them nowadays. My question is I am thinking of putting this allowed amount in a wallet / gift card etc... online to be able to use it (it will be as if I am using dollars at the 1515 LBP rate) Reading this subrredit and hearing some ideas from friends, I found these two options 1- Topping up my Amazon account. Even though Amazon doesn't deliver to Lebanon (most of the time), I can keep the money and buy electronics, books (3end Antoine sar a2alla kteb 100,000 lira), gadgets, etc... and whenever I travel or someone comes to Lebanon from US / UK / Dubai, they can bring me the items 2- Buying bitcoins and opening an online wallet, but crypto is so volatile - I am hesitant of starting to buy it etc... although I read here in one of the guides that I can buy Expedia tickets using bitcoins, which is lucrative So, What do you think is the best option of using my international monthly credit card allowance? It can be one of the two methods above or something better. Many thanks
I will be honest with you. IOTA is the project I put all of my hopes in since mid 2017 and also the one I’m invested in the most. But I definitely lost a lot of faith in IOTA over the last years. My intention for this post is not to spread FUD. I’d really like to discuss some topics that seem very odd and I’d appreciate your input. If I got things wrong please feel free to correct me. I will try to add some sources but most of these things are well known within the community. If you need information more you can join the official discord and read back past announcements or use the search function to find certain discussions. We all know that IOTA promised a lot over the past years but there are very few things that actually happened. A lot of things that made IOTA special and a lot of things that were promoted along the way simply will not happen or will be removed in the future. Many of these things have already or will impact the price. Here are my comments towards... 1. The coordinator just directs the flow of the tangle I guess everyone knows by now. IOTA is centralized. Value transactions have been disabled for almost a month now. Nobody can move their funds because the coordinator is down. Next topic. 2. IOTA can scale In the past, IOTA was always promoted as a cryptocurrency that could scale. One transaction has to confirm two others. Spam helps the network. Spam the network to help make it faster. The coordinator will be shut down as soon as the network reaches a certain number of transactions per second. Today we know that all of this is not true. IOTA 1.0 (the current IOTA) cannot scale. Spamming only forces the nodes to make snapshots more often because they run out of space. Too much spam kills the network. IOTA 1.0 doesn’t work. We need a totally new approach. Even the “one transaction has to confirm two others” rule might not stay.  3. JINN In the past the Founders always said that IOTA was developed for JINN. A Trinary Processor developed by a company owned by Sergey Ivancheglo (CFB) and David Sonstebo. That’s why IOTA is Trinary.  Now after years of research and development we get huge news: JINN is dead.  Also, CFB leaves IOTA and threatens to sue David Sonstebo. David and CFB engage in an open twitter and discord war. CFB wants to work on his own Trinary version of IOTA  4. Trinary IOTA will switch to Binary after wasting years with programming everything with Trinary hardware in mind.   5. The Trinary hash function Troika  IOTA and CYBERCRYPT developed a new Trinary hash function for IOTA. With the switch to Binary this hash function is now useless and all the time and resources spent on it were wasted. 6. Signature Scheme IOTA uses Winternitz One Time Signatures (WOTS) to make it quantum secure. This is the reason why it’s not safe to send from an address twice. Ok, just don’t reuse addresses, what’s the problem? The problem is that everything that is build for IOTA from wallets to exchange integrations is way more complicated to program and maintain than any other crypto. If I was an exchange I’d never ever list IOTA. Additionally, people that are only familiar with other cryptos might reuse an address and put their funds at risk. And this happens a lot. And for what? There are no quantum computers. Now after years it seems the IOTA Foundation finally realized that WOTS suck for adoption and want to add another signature scheme which allows address reuse and is not quantum secure. So much time wasted.  7. Switch from a balance model to UTXO model   UTXO will be so much better and easier than our current model. Much innovation. But Bitcoin and other cryptos have been using the UTXO model from the beginning. 8. People leaving the IOTA Foundation A lot of great people left the IOTA Foundation and for most we don’t know why. To my knowledge there is no public list of people who still work for the IF. Here are some people who left (most silently): Samuel Reid, Rolf Werner, Ralf Rottmann, David Cohen, Jesse Babbra, Andreas Osowksi, John D. Licciardello, Gur Huberman, Alisa Maas, Janine Hartel, Lukas Tassanyi (MicroHash) And these are just a few I found after a quick search in Discord. 9. Qubic (Q) There was a huge hype around Q even before it was announced. There was a new website including a countdown. Until today we actually didn’t see anything significant related to Q except some posts by Eric Hop indicating that qubic is still very far away. 10. IOTA 2.0 (Coordicide) The developers spent (wasted) years fixing IOTA 1.0 until they finally realized that it doesn’t work (it’s centralized and not scalable) although they told us it was simulated and well researched before. The IOTA Foundation repeatedly publicly attacked researchers who found flaws in the protocol. IOTA 2.0 is basically a totally different protocol than the current one. The prototype is not finished yet. It’s not tested at all and it gets rid of most things that were used in the current version. How high is the chance that IOTA 2.0 will work? It seems like over the past years a lot of time was simply wasted on developing things that got tossed into the bin and now they are starting all over. 11. Partnerships and Adoption If IOTA has one thing it’s partnerships. But after an announced partnership nothing ever really followed. So, is any company like Bosch, VW, Nokia, Audi, Vodafone or Jaguar actually still working on building something with IOTA or did they drop it? 12. Wallet hack The recent wallet hack could have been avoided easily but the Moonpay integrating was rushed and nobody checked the code again. An unknown amount of seeds has been stolen and the attacker will be able to transfer the funds of everyone who didn’t use the migration tool in time to exchanges and dump everything on March 10 along with anyone who wanted to sell within the last month. All these points made me lose a lot of faith in my investment long term but especially short term. I talked to some friends and especially the ones following the project very closely share my doubts. But my sample number is rather small so I‘d appreciate your input. Please feel free to comment on anything I wrote and feel free to disagree or correct me.
The hardest part of working at Reddit is trying to find the balance between users and moderators. We try not to pick sides and build things that work for both parties. One of the most consistent and hardest feedback we get from ours users is the lack of transparency around removals. This is not an indication or an inditement against mods. Rather users literally have no insights into this. So, while this may not be something requested from moderators, this is one of the key pain points for our users. This experiment is meant to help increase the level of transparency while trying to bring attention to users the importance of following rules. — u/HideHideHidden [emphasis added]
I see a lot of people advising others to invest in Tesla stocks and it is talked of like a unicorn stock which will keep rising forever. So I have dug away at the numbers and here are some comparisons to take into account; Ford, Lincoln, Troller, Audi, Bentley, Bugatti, Lamborghini, Porsche, Seat, Skoda, Volkswagen, MAN, Scania, Ducati, Alfa Romeo, Dodge, Lancia, Maserati, Chrysler, Fiat, Jeep, Ram, Peugeot, DS Automobiles, Opel, Citroen and Vauxhall. These are the brands of VW Group, PSA, Ford Motor Company and FIAT Chrysler, together they have over 300 factories worldwide, they have a combined turnover of $650 billion, they employ 879,000 people and they sell nearly 25 million cars per year. Tesla currently have three factories, their revenue is $24 billion, they employ 48,000 people and they sell 350,000 cars per year. As things stand today Tesla is valued at $130 billion, the other four companies combined are valued at $121 billion. I believe this proves beyond any doubt that Tesla is vastly overvalued, personally I believe its true value is around $15 billion. If you are one of the people who keeps seeing YouTube videos telling you Tesla is the stock to have and you are considering investing a huge sum of money into it then please think long and hard about it. To me the hype around Tesla is very similar to Bitcoin in late 2017, the price was rising and rising and nobody knew when it would peak, but eventually the market will correct itself.
‘Baby Al Capone’ Ellis Pinsky pulled off a $23.8 million crypto heist
In January 2018, a team of some half-dozen computer hackers — scattered across Europe and the United States — scammed their way into Michael Terpin’s cryptocurrency account, fleeced it and laundered the funds: some $23.8 million, according to a bombshell lawsuit. Allegedly at the center of the heist was Westchester teen Ellis Pinsky. According to papers filed May 7 in Manhattan federal court, Pinsky is “an evil mastermind.” The suit asks for $71.4 million. The wildest part? Ellis was just 15 years old at the time of the theft. To neighbors and classmates at Irvington HS, he was an ordinary 10th-grader who ran track, played soccer, loved cool sneakers and got good grades. Ellis’ bedroom in the $1.3 million home he shared with his family, including his NYU Langone-physician mother, had three computer monitors for playing his favorite games, Counter-Strike and Call of Duty. But according to an insider, there was at least one unusual thing about Ellis. As related in the complaint, he once allegedly wrote to an acquaintance, “I could buy you and all your family. I have 100 million dollars.” The complaint also alleges that an accomplice saw, in December 2017, “records indicating that Ellis had $70 million.” Ellis and friends partying with champagne at Up&Down nightclub on 14th street. Pals outside the heist apparently viewed Ellis as a virtual-money wunderkind. “His best friend thought he was making money through trading Bitcoin and stock,” the insider said. But the complaint alleges that Ellis was the apparent ringleader in the scheme against Terpin, who is a pioneer in the world of cryptocurrency: “In his early teens, [Ellis] began hacking computers with the mission of accessing his victims’ private accounts where they store their cryptocurrency holdings or private information.” Ellis’ attorney, Noam Biale, told The Post: “Ellis was a child at the time of the alleged conduct . . . It is deeply unfortunate that Mr. Terpin has chosen to bring [a] lawsuit, full of smears and baseless allegations, for no imaginable purpose other than spite.” Video games were allegedly the teen’s gateway to crime. “Ellis is a gamer. That was his primary interest,” the insider said, adding that private video-game chatrooms — where Ellis was allegedly a regular — on platforms such as Discord and Skype are often full of people bragging about hacks. “From there he got interested in stealing cool usernames.” Using a technique known as SIM-swapping, hackers remotely transfer a victim’s digital identity from the SIM card that controls the victim’s phone to a blank SIM card in one of the hackers’ phones. Sometimes this is done to steal a victim’s social-media identity, as “OG handles” — such as @A or @evil — can be sold for big bucks. Ellis also allegedly used SIM-swapping to steal cryptocurrency. Going from nicking names to pulling off multimillion-dollar heists is not that much of a leap, the insider insists: “Once you are in somebody’s phone, stealing valuable names, taking their Bitcoin seems obvious. Plus, stealing crypto is impersonal. For kids who spend their whole lives staring at screens and playing games, it feels natural.” According to Terpin’s attorney Pierce O’Donnell, Ellis and his crowd were always on the lookout for vulnerable marks. As alleged in the complaint, one of the teen’s collaborators, Nick Truglia, specialized in that task. Four years older than Ellis and a onetime finance/economics major at Baruch College, Truglia’s “assignments included . . . obtaining [a victim’s] cellphone and passcode numbers, conning the mobile-phone carrier into giving him or another imposter a new SIM card and then handing the scam off to [Ellis] to execute the hack,” the complaint states. Last year, Truglia was arrested and charged with another hack. He is currently out on bail. In a civil case, a default judgment was issued against him for the Terpin robbery and he was slapped by a California court with a record-setting $75.8 million judgment. Nick Truglia (left) was found guilty on civil charges of stealing cryptocurrency from Michael Terpin (right) — a scheme allegedly led by Ellis Pinsky. The case against Ellis alleges that the teen oversaw the hijacking of Terpin’s BlackBerry — which led to his digital vault, called a “native wallet,” where the $23.8 million was stashed. Forty-eight hours later, said Terpin, the thieves had laundered his virtual cash. “Your phone goes dead and theirs is alive,” he told The Post last year. “Then they own you.” As the alleged ringleader, Ellis apparently had a knack for organizing and bullying. “He would tell everyone what to do [during heists],” said the insider. “He bragged about [the Terpin robbery] being his job. He’s a very smart guy and a control freak. If you pissed him off, he would start texting you from weird numbers and threaten you. He’d call your parents and say weird things.” One such alleged victim was a chat-room pal who lived nearby. According to a 2018 report that the 16-year-old pal filed with Eastchester, NY, police, Ellis “made threats to me about having me or my mom killed” after he accidentally let strangers into their chatroom. Things apparently escalated when the pal was allegedly enlisted by Ellis to help launder the Terpin money and lost some $700,000 after he sent funds to the wrong person. Crypto being what it is, the funds could not be retrieved. After the money went missing, the pal told police, “[Ellis] asked me to start getting him some money through selling drugs, shoes or in any way possible. He requested $3,000 to $4,000 a week.” It is unclear what, if any, action was taken by authorities. **I could buy you and all your family. I have 100 million dollars. – Ellis Pinsky, allegedly threatening an acquaintance** It seems that Ellis was spending his money — converted from cryptocurrency to cash — to live a high life. As per a JetSmarter order form provided to The Post by a source who asked not to be named, Pinsky maintained an account with the private-air service. Additionally, according to the insider, he drove an Audi R8, scored great Rangers hockey seats and dressed in splashy Louis Vuitton and Supreme streetwear. How a kid explains such conspicuous consumption to his parents remains something of a mystery. Said the insider: “I think he told his parents that he made Bitcoin online through video games and got lucky.” The complaint maintains, “Whether [Ellis’] parents were recklessly negligent or worse in failing to monitor and control their wayward son remains to be seen.” Ellis’ fly style helped the teen fit in when carousing with fellow hacker Truglia. A photo viewed by The Post shows Ellis at the nightclub Up & Down, brandishing an open bottle of Dom Pérignon while flanked by slinky young women. Still, the insider said, “He showed little interest in being at the club. After posing for pictures with bottles, he’d go outside.” Even while he was spending, the insider added, Ellis kept an eye on his money. “He had a designer wallet packed with $100 bills but he never liked to pay for anything,” the insider said. “He was an extreme miser. He anticipated retiring from crime after the Terpin heist.” Apparently, he didn’t anticipate getting busted by his alleged victim. After Truglia’s 2019 arrest, Ellis allegedly texted a mutual friend: “[Truglia] is a dumbass . . . and got caught.” ##How Ellis Pinsky allegedly spent his stolen loot: ## Things appear to have unraveled for Ellis during an investigation of the missing crypto. As Terpin attorney O’Donnell listened to recordings between collaborators in the crime, the teen’s name came up as a key participant. O’Donnell told The Post that he contacted Ellis’ mother at her office, and a lawyer returned the attorney’s call. Although Ellis did not admit to anything, he allegedly took unusual action. Soon after, according to the complaint, “Pinsky . . . sent cryptocurrency, cash and a watch to [Terpin] without any condition . . . There was no other reason to repatriate these items — worth nearly $2 million at the time — other than to make a partial repayment of what he had stolen from Terpin.” According to O’Donnell, among the items was a “Patek Philippe Nautilus [watch], worth over $100,000.” As the civil suit hangs — O’Donnell and Terpin anticipate a response from Ellis’ attorney within the next 60 days or so — no criminal charges have been filed against the teen. “I want to know why [prosecutors] have not indicted this kid,” said O’Donnell. “He is caught dead to rights.” A Department of Justice spokesman would only say that “Ellis Pinsky has not been charged by this office.” Terpin admitted to The Post that he waited until Ellis’ 18th birthday earlier this year to file suit against the teen as an adult. That way, Terpin said, “It will be easier to sue him [than it would be if he was a minor] and we’re intending to get treble damages” — repayment of three times the sum stolen. “These are crypto gangsters. My nickname . . . for [Ellis] is Baby Al Capone.’” Ellis, apparently, is still living at his mother’s Irvington home, as a Post photographer spotted him there last week. “Look at Ellis’ life and there is no reason for him to do what he did,” the insider said. “He’s a standout kid with a dark side.” Source: https://thedailyblockchain.news/2020/05/24/baby-al-capone-ellis-pinsky-pulled-off-a-23-8-million-crypto-heist/
The date was June 10, 2018. The sun was shining, the grass was growing, and the birds were singing. At least, that’s what I assumed. Being a video game and tech obsessed teenager, I was indoors, my eyes glued to my computer monitor like a starving lion spying on a plump gazelle. I was watching the E3 (Electronic Entertainment Expo) 2018 broadcast on twitch.com, a popular streaming website. Video game developers use E3 as an annual opportunity to showcase any upcoming video game projects to the public. So far, the turnout had been disappointing. Much to my disappointment, multiple game developers failed to unveil anything of actual sustenance for an entire two hours. A graphical update here, a bug fix there. Issues that should have been fixed at every game’s initial launch, not a few months after release. Feeling hopeless, I averted my eyes from my computer monitor to check Reddit (a social media app/website) if there were any forum posts that I had yet to see. But then, I heard it. The sound of music composer Mick Gordon’s take on the original “DooM” theme, the awesome combination of metal and electronic music. I looked up at my screen and gasped. Bethesda Softworks and id software had just announced “DOOM: Eternal”, the fifth addition in the “DooM” video game series. “DOOM: Eternal” creative director Hugo Martin promised that the game would feel more powerful than it’s 2016 predecessor, there would be twice as many enemy types, and the doom community would finally get to see “hell on earth”. (Martin) As a fan of “DOOM (2016)”, I was ecstatic. The original “DooM” popularized the “First Person Shooter (FPS)” genre, and I wished I wouldn’t have to wait to experience the most recent entry in the series. “DOOM(1993)” was a graphical landmark when it originally released, yet nowadays it looks extremely dated, especially compared to “DOOM: Eternal”. What advancements in computer technology perpetuated this graphical change? Computers became faster, digital storage increased, and computer peripherals were able to display higher resolution and refresh rates. “DooM” 1993 graphics example: 📷(Doom | Doom Wiki) “DOOM: Eternal” graphics example: 📷 (Bailey) In their video “Evolution Of DOOM”, the video game YouTube Channel “gameranx” says that on December 10, 1993, a file titled “DOOM1_0.zip” was uploaded on the File Transfer Protocol (FTP) server of the University of Wisconsin. This file, two megabytes in size, contained the video game “DooM” created by the game development group “id Software”. (Evolution of DOOM) While not the first game in the “First Person Shooter” (FPS) genre, “DooM” popularized the genre, to the point of any other FPS game being referred to as a “Doom Clone” until the late 1990s. (Doom clones | Doom Wiki) The graphics of the original “DooM” is definitely a major downgrade compared to today’s graphical standards, but keep in mind that the minimum system requirements of “DooM”, according to the article “Doom System Requirements” on gamesystemrequirements.com, was eight megabytes of ram, an Intel Pentium or AMD (Advanced Micro Devices) Athlon 486 processor cycling at sixty-six megahertz or more, and an operating system that was Windows 95 or above. (Doom System Requirements) In case you don’t speak the language of technology (although I hope you learn a thing or two at the end of this essay), the speed and storage capacity is laughable compared to the specifications of today. By 1993, the microprocessor, or CPU (Central Processing Unit) had been active for the past twenty-two years after replacing the integrated circuit in 1971, thanks to the creators of the microprocessor, Robert Noyce and Gordon Moore who were also the founder of CPU manufacturer “Intel”. Gordon Moore also created “Moore’s law”, which states “The number of transistors incorporated in a chip will approximately double every 24 months”. (Moore) Sadly, according to writer and computer builder Steve Blank in his article “The End of More - The Death of Moore’s Law”, this law would end at around 2005, thanks to the basic laws of physics. (Blank) 1993 also marked an important landmark for Intel, who just released the first “Pentium” processor which was capable of a base clock of 60 MHz (megahertz). The term “base clock” refers to the default speed of a CPU. This speed can be adjusted via the user’s specifications, and “MHz” refers to one million cycles per second. A cycle is essentially one or more problems that the computer solves. The more cycles the CPU is running at, the more problems get solved. Intel would continue upgrading their “Pentium” lineup until January 4, 2000 when they would release the “Celeron” processor, with a base clock of 533 MHz. Soon after, on June 19, 2000, rival CPU company AMD would release their “Duron” processor which had a base clock of 600 MHz, with a maximum clock of 1.8 GHz (Gigahertz). One GHz is equal to 1,000 MHz. Intel and AMD had established themselves as the two major CPU companies in the 1970s in Silicon Valley. Both companies had been bitter rivals since then, trading figurative blows in the form of competitive releases, discounts, and “one upmanship” to this day. Moving on to April 21, 2005 when AMD released the first dual-core CPU, the “Athlon 64 X2 3800+”. The notable feature of this CPU, besides a 2.0 GHz base clock and a 3.8 maximum clock, was that it was the first CPU to have two cores. A CPU core is a CPU’s processor. The more cores a CPU has, the more tasks it can perform per cycle, thus maximizing it’s efficiency. Intel wouldn’t respond until January 9, 2006, when they released their dual-core processor, the “Core 2 Duo Processor E6320”, with a base clock of 1.86 GHz. (Computer Processor History) According to tech entrepreneur Linus Sebastian in his YouTube videos “10 Years of Gaming PCs: 2009 - 2014 (Part 1)” and “10 Years of Gaming PCs: 2015 - 2019 (Part 2)”, AMD would have the upper hand over Intel until 2011, when Intel released the “Sandy Bridge” CPU microarchitecture, which was faster and around the same price as AMD’s current competing products. (Sebastian) The article “What is Microarchitecture?” on the website Computer Hope defines microarchitecture as “a hardware implementation of an ISA (instruction set architecture). An ISA is a structure of commands and operations used by software to communicate with hardware. A microarchitecture is the hardware circuitry that implements one particular ISA”. (What is Microarchitecture?) Microarchitecture is also referred to as what generation a CPU belongs to. Intel would continue to dominate the high-end CPU market until 2019, when AMD would “dethrone” Intel with their third generation “Ryzen” CPU lineup. The most notable of which being the “Ryzen 3950x”, which had a total of sixteen cores, thirty-two threads, a base clock of 3.5 GHz, and a maximum clock of 4.7 GHz. (Sebastian) The term “thread” refers to splitting one core into virtual cores, via a process known as “simultaneous multithreading”. Simultaneous multithreading allows one core to perform two tasks at once. What CPU your computer has is extremely influential for how fast your computer can run, but for video games and other types of graphics, there is a special type of processor that is designed specifically for the task of “rendering” (displaying) and generating graphics. This processor unit is known as the graphics processing unit, or “GPU”. The term “GPU” wasn’t used until around 1999, when video cards started to evolve beyond the literal generation of two-dimensional graphics and into the generation of three-dimensional graphics. According to user “Olena” in their article “A Brief History of GPU”, The first GPU was the “GeForce 256”, created by GPU company “Nvidia'' in 1999. Nvidia promoted the GeForce 256 as “A single-chip processor with integrated transform, lighting, triangle setup/clipping, and rendering engines that is capable of processing a minimum of 10 million polygons per second”. (Olena) Unlike the evolution of CPUs, the history of GPUs is more one sided, with AMD playing a game of “catchup” ever since Nvidia overtook AMD in the high-end GPU market in 2013. (Sebastian) Fun fact, GPUs aren’t used only for gaming! In 2010, Nvidia collaborated with Audi to power the dashboards and increase the entertainment and navigation systems in Audi’s cars! (Olena) Much to my (and many other tech enthusiasts), GPUs would increase dramatically in price thanks to the “bitcoin mania” around 2017. This was, according to senior editor Tom Warren in his article “Bitcoin Mania is Hurting PC Gamers By Pushing Up GPU Prices'' on theverge.com, around an 80% increase in price for the same GPU due to stock shortages. (Warren) Just for context, Nvidia’s “flagship” gpu in 2017 was the 1080ti, the finest card of the “pascal” microarchitecture. Fun fact, I have this card. The 1080ti launched for $699, with the specifications of a base clock of 1,481 MHz, a maximum clock of 1,582 MHz, and 11 gigabytes of GDDR5X Vram (Memory that is exclusive to the GPU) according to the box it came in. Compare this to Nvidia’s most recent flagship GPU, the 2080ti of Nvidia’s followup “Turing” microarchitecture, another card I have. This GPU launched in 2019 for $1,199. The 2080ti’s specifications, according to the box it came in included a base clock of 1,350 MHz, a maximum clock of 1,545 MHz, and 11 gigabytes of GDDR6 Vram. A major reason why “DooM” was so popular and genius was how id software developer John Carmack managed to “fake” the three-dimensional graphics without taking up too much processing power, hard drive space, or “RAM” (Random access memory), a specific type of digital storage. According to the article “RAM (Random Access Memory) Definition” on the website TechTerms, Ram is also known as “volatile” memory, because it is much faster than normal storage (which at the time took the form of hard-drive space), and unlike normal storage, only holds data when the computer is turned on. A commonly used analogy is that Ram is the computer’s short-term memory, storing temporary files to be used by programs, while hard-drive storage is the computer’s long term memory. (RAM (Random Access Memory) Definition) As I stated earlier, in 1993, “DooM” required 8 megabytes of ram to run. For some context, as of 2020, “DOOM: Eternal” requires a minimum of 8 gigabytes of DDR4 (more on this later) ram to run, with most gaming machines possessing 16 gigabytes of DDR4 ram. According to tech journalist Scott Thornton in his article “What is DDR (Double Data Rate) Memory and SDRAM Memory”, in 1993, the popular format of ram was “SDRAM”. “SDRAM” stands for “Synchronous Dynamic Random Access Memory”. SDRAM differs from its predecessor, “DRAM” (Dynamic Random Access Memory) by being synchronized with the clock speed of the CPU. DRAM was asynchronous (not synchronized by any external influence), which “posted a problem in organizing data as it comes in so it can be queued for the process it’s associated with”. SDRAM was able to transfer data one time per clock cycle, and it’s replacement in the early 2000s, “DDR SDRAM” (Dual Data Rate Synchronous Dynamic Random Access Memory) was able to transfer data two times per clock cycle. This evolution of ram would continue to this day. In 2003, DDR2 SDRAM was released, able to transfer four pieces of data per clock cycle. In 2007, DDR3 SDRAM was able to transfer eight pieces of data per clock cycle. In 2014, DDR4 SDRAM still was able to transfer eight pieces of data per cycle, but the clock speed had increased by 600 MHz, and the overall power consumption had been reduced from 3.3 volts for the original SDRAM to 1.2 volts for DDR4. (Thornton)The digital size of each “ram stick” (a physical stick of ram that you would insert into your computer) had also increased, from around two megabytes per stick, to up to 128 gigabytes per stick (although this particular option will cost you around $1,000 per stick depending on the manufacturer) in 2020, although the average stick size is 8 gigabytes. For the average computer nowadays, you can insert up to four ram sticks, although for more high-end systems, you can insert up to sixteen or even thirty-two! Rewind back to 1993, where the original “DooM” took up two megabytes of storage, not to be confused with ram. According to tech enthusiast Rex Farrance in their article “Timeline: 50 Years of Hard Drives”, the average computer at this time had around two gigabytes of storage. Storage took the form of magnetic-optical discs, a combination of the previous magnetic discs and optical discs. (Farrance) This format of storage is still in use today, although mainly for large amounts of rarely used data, while data that is commonly used by programs (including the operating system) is put on solid-state drives, or SSDs. According to tech journalist Keith Foote in their article “A Brief History of Data Storage”, SSDs differed from the HDD by being much faster and smaller, storing data on a flash memory chip, not unlike a USB thumb drive. While SSDs had been used as far back as 1950, they wouldn’t find their way into the average gaming machine until the early 2010s. (Foote) A way to think about SSDs is common knowledge. It doesn’t contain every piece of information you know, it just contains what you use on a daily basis. For example, my computer has around 750 gigabytes of storage in SSDs, and around two terabytes of internal HDD storage. On my SSDs, I have my operating system, my favorite programs and games, and any files that I use frequently. On my HDD, I have everything else that I don’t use on a regular basis. “DOOM: Eternal” would release on March 20, 2020, four months after it’s original release date on November 22, 2019. And let me tell you, I was excited. The second my clock turned from 11:59 P.M. to 12:00 A.M., I repeatedly clicked my refresh button, desperately waiting to see the words “Coming March 20” transform into the ever so beautiful and elegant phrase: “Download Now”. At this point in time, I had a monitor that was capable of displaying roughly two-million pixels spread out over it’s 27 inch display panel, at a rate of 240 times a second. Speaking of monitors and displays, according to the article “The Evolution of the Monitor” on the website PCR, at the time of the original “DooM” release, the average monitor was either a CRT (cathode ray tube) monitor, or the newer (and more expensive) LCD (liquid crystal display) monitor. The CRT monitor was first unveiled in 1897 by the German physicist Karl Ferdinand Braun. CRT monitors functioned by colored cathode ray tubes generating an image on a phosphorescent screen. These monitors would have an average resolution of 800 by 600 pixels and a refresh rate of around 30 frames per second. CRT monitors would eventually be replaced by LCD monitors in the late 2000s. LCD monitors functioned by using two pieces of polarized glass with liquid crystal between them. A backlight would shine through the first piece of polarized glass (also known as substrate). Electrical currents would then cause the liquid crystals to adjust how much light passes through to the second substrate, which creates the images that are displayed. (The Evolution of the Monitor) The average resolution would increase to 1920x1080 pixels and the refresh rate would increase to 60 frames a second around 2010. Nowadays, there are high end monitors that are capable of displaying up to 7,680 by 4,320 pixels, and also monitors that are capable of displaying up to 360 frames per second, assuming you have around $1,000 lying around. At long last, it had finished. My 40.02 gigabyte download of “DOOM: Eternal” had finally completed, and oh boy, I was ready to experience this. I ran over to my computer, my beautiful creation sporting 32 gigs of DDR4 ram, an AMD Ryzen 7 “3800x” with a base clock of 3.8 GHz, an Nvidia 2080ti, 750 gigabytes of SSD storage and two terabytes of HDD storage. Finally, after two years of waiting for this, I grabbed my mouse, and moved my cursor over that gorgeous button titled “Launch DOOM: Eternal”. Thanks to multiple advancements in the speed of CPUs, the size of ram and storage, and display resolution and refresh rate, “DooM” had evolved from an archaic, pixelated video game in 1993 into the beautiful, realistic and smooth video game it is today. And personally, I can’t wait to see what the future has in store for us.
Market predictions based on realistic (yet purely fictional) scenarios.
If you're here, you're interested in the potential of IOTA, especially what a successful implementation would mean for the price of IOTA tokens. That's my case, too, however the industrial applications and their impact on business are far more interesting to me than the investment opportunity. Since I haven't seen anyone formulate a clear (albeit purely speculative) picture of a future for IOTA, allow me to paint my own. 2019: Not much changes. Positive sentiment in the market leads Bitcoin to hit the $7K mark again, while current ranks are more or less maintained. IOTA reaches up to $0.50 during the summer, then stagnates/slowly slips again. Development continues and the first use cases are unveiled, but the market pays little attention to them. Bitcoin still dominates the news cycle, despite essentially no progress on the dev side. 2020: IOTA begins the year around $0.40. A very short, yet significant dip in the entire market leads people to panic and is then followed by big growth: Bitcoin goes back over $9500 for a little while and other coins go up 20-55%. In the very middle of this run, a big scandal erupts in the cryptocurrency space as one of the first real piece of investigative journalism comes out, exposing the EOS project as a massive fraud. EOS barely slips out of the top 20. The IOTA coordinator is phased out in favor of a distributed coordinator, while full coordicide is being discussed increasingly often. Summer of 2020 sees a lot of people who were hoping to see the bull run continue extremely confused, as the market turns seriosuly bearish again. The IOTA foundation establishes its North American headquarters in silicon valley and rumors start to circulate. The price barely budges and ends the summer at $0.65, with the unveiling of 7 Smart City projects in the works and the end of phase one for the Taipei project, which has increased in scope. Fall and winter are fairly uneventful, however news outlets go full steam ahead and talk of Bitcoin and Ethereum fill various programs. Still barely any mention of anything other than those two. 2021: This year begins with a bang at Hannover Messe, as Fujitsu unveils its fully autonomous smart factory concept, which rely on Bosch hardware, Qubic and IOTA. An initial release of Qubic is rolled out, with more to come during the year. IOTA quickly jumps to $1.00, then steadily climbs to $3.00 during the early summer. For the first time, mainstream news outlets are covering IOTA. Volkswagen announces 20 IOTA-powered charging stations working right now with IOTA, compatible with native wallets installed in VW, and Audi hybrid and electric cars. A week later, a partnership with Nissan, which publicizes its purchase of IOTA tokens, promises hundreds of IOTA-enabled stations in Canada and the US within 3 years and wallets available for 2022 or newer models. Bitcoin slides back up to the $7500 levels and stabilizes. Still no ETFs in play. Q3 and Q4 see the price of IOTA remain somewhat stable, going down to $2.00 at some point, then bouncing back. Academic groups lead the way towards implementing Qubic to perform decentralized computation. Taipei unveils the beginning of the Private ID program, which digitizes a large part of government-issued documents and allows wallet-enabled vehicles to automatically pay for parking, speeding tickets, tolls and more. The Taipei MRT (metro) begins a test run of IOTA. The year closes at $3.15/MIOTA and $7200/BTC. 2022: Things start to happen extremely fast. The pressure on small businesses to offer payments by IOTA grows, so they begin to accommodate customers who come in and pay directly with their phones. After much trial and error in the coordicide project, the network is large and polished enough to completely remove it. IOTA becomes the first fully decentralized, altruistic, secure and feeless cryptocurrency. MOIA announces the results of five years of R&D, alongside its fully autonomous ride-sharing vehicle, the Atlas. Mobility begins to change in Berlin, Hamburg and Helsinki. Plans to expand all over central Europe, North America and China are announced. IOTA quickly jumps to $8.00 by the end of Q1. In Q2, Novo Nordisk announces its use of the Tangle protocol for audit trails and supply chain management. Samsung announces its 'Smart World' ecosystem, which includes appliances and other machines, allowing them to connect to each other and be programmed to automatically make purchases using IOTA. A dozen other companies make similar announcements. The price of an IOTA reaches 50$ at its peak in July, then gets slashed down to $30 for a short while and stabilizes around $35. IOTA is now all over the news. Bitcoin goes down to $5000, then quickly drops even more, ending the year at $3300. 2023: the Lightning network is fully released just as the price of an individual Bitcoin slips back down under $1000 for the first time in over 6 years. "Programmable economy" becomes the buzzword of the year, and 5% of all worldwide factories have begun conversion into automatic demand-centric manufacturing hubs. Kicking off in Houston, Texas, the first city-wide self-balancing peer-to-peer energy grid is launched, using IOTA as currency. By April, 1 MIOTA is valued at just under $80. By May, enthusiasts celebrate the billionth device connected to the Tangle. The network keeps speeding up and reaches an average of 1 second for confirmation.
I'm a very, very lucky phd student (bitcoin) and fed up of driving my piece of shit vw polo every day. I've gone to track days with friends and had a great time, and would like to get a nice car for daily commute (currently leaning towards a few years old audi r8). Most my phd student friends are hard up for cash and I'm worried it might look a bit arrogant/in your face/dick wavey. It would easily be the most expensive car out of all owned by staff at my uni and don't want to unintentionally cause any offence there, especially as my supervisor (who I'm very good friends with) makes a point about driving a car much below what he could afford. Note I don't show off often and aren't even that rich (700k gbp nw), I have nothing else to spend my money on. Anyway WIBTA for buying/driving an r8, assuming I'm modest and honest about financial situation?
Hear me out very briefly :) Been through many booms and busts in the Crypto sphere - tends to be because a use-case didn't work out: E.g. bitcoin's big crash in 2015 was largely because we realised that technologically it wasn't going to be able to process micro transactions because of a fixed block size. After a big existentialist crash, the narrative swiftly changed to 'store of value', well certainly doesn't seem to make sense if it falls 70% in 8 months. More and more variations in this industry will keep iterating, but as with the dot com bust when everyone went out of business because they didn't provide real-world value - the same will happen here. On a geographic note - one of the reasons I'm most bullish about IOTA is because 1) the wise decision of being registered as an approved Foundation and 2) being in Germany. While the US chases their tales trying to arrest everyone who did an ICO, being based in a European stronghold for innovation could be a huge deal-maker. Not least because it seems so many of the industrial powerhouses are HQ'd there. I reiterate that Crypto WILL only flourish when people who don't know what a blockchain/DAG is, are using it everyday because it makes their life better. It's news like this from Audi, that means IOTA probably stands the largest chance of being in the FAANG of 2030, as part of this next technological wave. I am excited to see the FAANG of the future - and for people to actually benefit from the real world use cases of the Tangle.
FUTURE PREDICTIONS: In 1998, Kodak had 170,000 employees and sold 85% of all photo paper worldwide. Within just a few years, their business model disappeared and they went bankrupt. What happened to Kodak will happen in a lot of industries in the next 10 years - and most people don't see it coming. Did you think in 1998 that 3 years later you would never take pictures on paper film again? Yet digital cameras were invented in 1975. The first ones only had 10,000 pixels, but followed Moore's law. So as with all exponential technologies, it was a disappointment for a long time, before it became way superior and got mainstream in only a few short years. It will now happen with Artificial Intelligence, health, autonomous and electric cars, education, 3D printing, agriculture and jobs. Welcome to the 4th Industrial Revolution. Welcome to the Exponential Age. Software will disrupt most traditional industries in the next 5-10 years. Uber is just a software tool, they don't own any cars, and are now the biggest taxi company in the world. Airbnb is now the biggest hotel company in the world, although they don't own any properties. Artificial Intelligence: Computers become exponentially better in understanding the world. This year, a computer beat the best Go player in the world, 10 years earlier than expected. In the US, young lawyers already don't get jobs. Because of IBM Watson, you can get legal advice (so far for more or less basic stuff) within seconds, with 90% accuracy compared with 70% accuracy when done by humans. So if you study law, stop immediately. There will be 90% fewer lawyers in the future, only specialists will remain. Watson already helps nurses diagnosing cancer, 4 time more accurate than human nurses. Facebook now has a pattern recognition software that can recognize faces better than humans. By 2030, computers will become more intelligent than humans. Autonomous Cars: In 2018 the first self-driving cars will appear for the public. Around 2020, the complete industry will start to be disrupted. You don't want to own a car anymore. You will call a car with your phone, it will show up at your location and drive you to your destination. You will not need to park it, you only pay for the driven distance and can be productive while driving. Our kids will never get a driver's license and will never own a car. It will change the cities, because we will need 90-95% fewer cars for that. We can transform former parking space into parks. 1.2 million people die each year in car accidents worldwide. We now have one accident every 100,000 km, with autonomous driving that will drop to one accident in 10 million km. That will save a million lives each year. Most car companies may become bankrupt. Traditional car companies try the evolutionary approach and just build a better car, while tech companies (Tesla, Apple, Google) will do the revolutionary approach and build a computer on wheels. I spoke to a lot of engineers from Volkswagen and Audi; they are completely terrified of Tesla. Insurance Companies will have massive trouble because without accidents, the insurance will become 100x cheaper. Their car insurance business model will disappear. Real estate will change. Because if you can work while you commute, people will move further away to live in a more beautiful neighborhood. Electric cars won’t become mainstream until 2020. Cities will be less noisy because all cars will run on electric. Electricity will become incredibly cheap and clean: Solar production has been on an exponential curve for 30 years, but you can only now see the impact. Last year, more solar energy was installed worldwide than fossil. The price for solar will drop so much that all coal companies will be out of business by 2025. With cheap electricity comes cheap and abundant water. Desalination now only needs 2kWh per cubic meter. We don't have scarce water in most places, we only have scarce drinking water. Imagine what will be possible if anyone can have as much clean water as he wants, for nearly no cost. Health: There will be companies that will build a medical device (called the "Tricorder" from Star Trek) that works with your phone, which takes your retina scan, your blood sample and you breathe into it. It then analyses 54 biomarkers that will identify nearly any disease. It will be cheap, so in a few years everyone on this planet will have access to world class medicine, nearly for free. 3D printing: The price of the cheapest 3D printer came down from $18,000 to $400 within 10 years. In the same time, it became 100 times faster. All major shoe companies started 3D printing shoes. Spare airplane parts are already 3D printed in remote airports. The space station now has a printer that eliminates the need for the large number of spare parts they used to have in the past. At the end of this year, new smart phones will have 3D scanning possibilities. You can then 3D scan your feet and print your perfect shoe at home. In China, they already 3D printed a complete 6-storey office building. By 2027, 10% of everything that's being produced will be 3D printed. Business Opportunities: If you think of a niche you want to go in, ask yourself: "in the future, do you think we will have that?" and if the answer is yes, how can you make that happen sooner? If it doesn't work with your phone, forget the idea. And any idea designed for success in the 20th century is doomed in to failure in the 21st century. Work: 70-80% of jobs will disappear in the next 20 years. There will be a lot of new jobs, but it is not clear if there will be enough new jobs in such a small time. Agriculture: There will be a $100 agricultural robot in the future. Farmers in 3rd world countries can then become managers of their field instead of working all days on their fields. Agroponics will need much less water. The first Petri dish produced veal is now available and will be cheaper than cow-produced veal in 2018. Right now, 30% of all agricultural surfaces is used for cows. Imagine if we don't need that space anymore. There are several startups that will bring insect protein to the market shortly. It contains more protein than meat. It will be labeled as "alternative protein source" (because most people still reject the idea of eating insects). There is an app called "moodies" which can already tell in which mood you are. Until 2020 there will be apps that can tell by your facial expressions if you are lying. Imagine a political debate where it's being displayed when they are telling the truth and when not. Bitcoin will become mainstream this year and might even become the default reserve currency. Longevity: Right now, the average life span increases by 3 months per year. Four years ago, the life span used to be 79 years, now it's 80 years. The increase itself is increasing and by 2036, there will be more than one year increase per year. So we all might live for a long long time, probably way more than 100. Education: The cheapest smart phones are already at $10 in Africa and Asia. Until 2020, 70% of all humans will own a smart phone. That means, everyone has the same access to world class education. Robert M. Goldman MD, PhD, DO, FAASP www.DrBobGoldman.com World Chairman-International Medical Commission Co-Founder & Chairman of the Board-A4M Founder & Chairman-International Sports Hall of Fame Co-Founder & Chairman-World Academy of Anti-Aging Medicine President Emeritus-National Academy of Sports Medicine (NASM) Chairman-U.S. Sports Academy’s Board of Visitors FREE Health Longevity info newsletter at: www.WorldHealth.net
Edit: I didn't write this, I found it then found myself in awe and had to share it.
What is the reality of network marketing in India? Why are these network marketing people more loving towards me than my own family?
So this 24 year old guy who works at a petty engineering job told me few days ago about this concept of network marketing and how it will let him buy BMW and Audi one day. This guy was almost fapping to his network marketing Guru aka Sirji aka Bhagwaan. He said he can fix my meeting with Sirji if I want to make money through network marketing as well. Today I met this Sirji in a hotel dining room face to face. It was empty except 2-3 people doing their own talk by our side. He was a good looking 25 year old man who behaved like a calm, smooth and sly businessman during our one hour meet. Good family of working people he had. But the fact that he had good income working parents, mamaji and grandparents was the problem itself. He told me ideal life is one in which you make money without working. He told that network marketing is the solution for this. For network marketing, He told that Companies do not enjoy spending their money on useless advertisements. Slice does not love giving its money to Katrina. Appy does not love giving money to Saif. GoDaddy does not love giving its money to Dhoni. These companies dont love giving money to wholesalers, retailers blah blah. He said Network Marketing is the solution to the problems of these companies. With my network marketing company, I would market the company products to people through social media etc, get new people connected and a chain of commissions would begin. I don't remember exact things he said. He said I would need to invest Rs 1.5 lakh for this business. I felt it was scam and rejected. Can someone tell me what is it. I feel like the concept is like Bitcoins of advertising world. It is good and a futuristic concept, but just like Bitcoins, people are taking it as a joke to make quick profit. So what is the reality about it to make atleast Rs 30,000 per month without being dependent on a location? Can someone give real examples of how it works?
[wywiad z dzbanem]Jak pięściarz wagi ciężkiej chce zmienić świat na lepsze
Idziemy do przodu, bo ludzie wierzą nawet w rzeczy, których nie da się wyjaśnić racjonalnie - mówi Adam Kownacki, niepokonany, najlepszy polski pięściarz wagi ciężkiej.
Radosław Leniarski: Zaskoczyłeś mnie zainteresowaniami. Z Twittera dowiedziałem się, że oprócz boksowania zajmujesz się kryptowalutami... Adam Kownacki: Dawno temu przeczytałem o bitcoinach i o człowieku, który je wprowadził – podobno za bitcoina można było kupić najwyżej pizzę. Zainteresowało mnie, bo to było coś nowego, a ja lubię nowości. Ludzie je wymyślają cały czas i ja się cieszę, że świat nie stoi w miejscu. Ale wtedy nie kupiłem nic. Dopiero dwa lata temu z jednym kolegą zaczęliśmy o tym znowu rozmawiać. I postanowiłem spróbować. Teraz zainteresował mnie Lightning Network Torch. To narzędzie, które ułatwia transakcje za pomocą bitcoinów. Nie trwają tak długo, łatwiej je zarejestrować na blockchainie [rodzaj księgowania cyfrowego]. Traktuję to jako hobby. Bardziej interesuje mnie w tym technologia niż robienie interesów. Tak czy siak, robię to z przekonania. Jak to z przekonania? – No bo kryptowaluty są, jak to powiedzieć, takie... uczciwe. To znaczy bitcoin jest uczciwy. Nie zależy od banków. Gdy jadę do Polski, muszę wymieniać dolary na złotówki. Każdy chce mnie w tym momencie wykorzystać, zarobić na mnie. Przeliczniki, prowizje – to wszystko działa na moją niekorzyść. W bitcoinach nikt mnie nie oszuka. Wiem, na co się piszę, jaka jest wartość bitcoina. Każdy to wie, kto się tym zaczyna zajmować. W ciągu ostatniego roku wartość bitcoina spadła ponadczterokrotnie... – Wcześniej szybko rosła, potem spadła. Wszystko spada. Widzę, ile zarabiają moi rodzice i co mogą za to kupić. On ma taką wartość, jaką ludzie chcą za niego zapłacić. Chcieli płacić nieprzytomnie dużo. Bitcoin był bańką. Ale nie jest ściemą. Internet jest ściemą, czy nie jest? Nie jest, bez niego nie da się żyć. A bańka internetowa pękła – tak czy nie? Firmy internetowe padały, traciły nie połowę wartości, ale więcej, bo ludzie wierzyli, że mają nierealną wartość. Ja się trzymam bitcoina. Mam też kilka kryptowalut – ethereum i inne, nazw nawet nie pamiętam, ale bitcoin jest pewniejszy, porządny. Mam nadzieję, że będzie w przyszłości globalną walutą. Teraz możesz w to nie wierzyć, ale kiedyś nie wierzyłeś w samochody, które same jeżdżą. Nie wierzyłem, ale taki samochód to jednak co innego niż nowy dziwny pieniądz, który wypiera ten prawdziwy. – No właśnie, a to wszystko to sprawa wiary. Jeżeli ludzie uwierzą, to bitcoin będzie światowym pieniądzem. Nie w takie rzeczy ludzkość uwierzyła. Jestem chrześcijaninem. Wierzę w Boga. Nie chodzę do kościoła tak często, jak bym chciał, ale wierzę, że dziewica urodziła Syna Bożego. A przecież nie da się tego wytłumaczyć. Trzeba uwierzyć. Czytam „Sapiens” [„Sapiens. Od zwierząt do bogów”, światowy bestseller Yuvala Noaha Harariego, izraelskiego historyka], tam jest wszystko bardzo dobrze wyjaśnione – ludzkość rozwija się, bo kiedyś wymyśliła wiarę. Czyżby ludzie wierzący byli bardziej podatni na promocję kryptowaluty? – Nie. Ale wiara jest ważna i zaufanie: dawno, dawno temu wręczano komuś papier i po drugiej stronie morza za ten papier wydawano mu pieniądze. Świat idzie do przodu. Trzeba go zmieniać. Tylko trzeba go zmieniać na lepsze, zaczynając od siebie. Nie zanieczyszczać. Takie rzeczy jak na przykład elektryczna Tesla rozwijają go w dobrą stronę. Adam, jakim samochodem jeździsz? – BMW. Jakiej pojemności? – Dużej. Tak, źle – wiem. Ale kupię Teslę. Właśnie wyszedł nowy model. Elektryczne robią też BMW, Audi. Jak jeden zobaczy u drugiego Teslę, to się przekona do tego, żeby też mieć elektryczny samochód. Jednak wielu ludzi wykształconych ekonomicznie sądzi, że kryptowaluta to ściema. Dwaj biznesmeni, którzy wykorzystali do promocji swojej nowej kryptowaluty Floyda Mayweathera Jr., od niemal roku siedzą w więzieniu. Amerykańska komisja papierów wartościowych i giełd ostrzega przed wykorzystywaniem celebrytów do promocji nowych kryptowalut. – Floyd został wykorzystany. W każdym systemie znajdą się nieuczciwi ludzie. Będą chcieli cię wykiwać. A Mayweather nie kupował, nie sprzedawał. Był promotorem waluty. Natomiast ludzie powinni mieć rozum. Ja niczego nie promuję, nikt mi nic nie kazał ani za nic nie zapłacił. Rozumiem ludzi, którzy uważają kryptowaluty za ściemę. Tak myślą moi rodzeni bracia – często dyskutujemy o kryptowalutach w domu. Uważają, że to szemrany biznes, szydzą ze mnie, a ja im się odgryzam. Dlaczego Manny Pacquiao zrezygnował z „wydobycia” swojej waluty? – Nie wiem. Bo to bardzo trudne do zrobienia? Może tak. A może dlatego, że przypomina piramidę finansową. Nowi ludzie podbijają kurs, system żywi się nowymi uczestnikami. Ważne, aby być blisko w chwili „wydobycia” nowej waluty, wtedy można zarobić. – No, a jak jest na giełdzie z akcjami? Nie tak samo? Gdy jest wielu chętnych, którzy wierzą w jakąś giełdową firmę, to chcą płacić za akcje więcej. Kiedy kupiłem bitcoina, był wart kilkaset dolarów. Dziś kosztuje 3800.
New Bricks and Mortar Cryptocurrency Brokerage in Vancouver, BC!
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Over the last decades, technology has evolved in a fast way, that many of our habits have dramatically changed. Or, if some of those habits haven’t changed yet, they certainly will in the near future. One of these habits is the way we pay for things, thanks to one key new component: cryptocurrencies. Those virtual, decentralized currencies come in different names and value, but the most accepted as of now is the Bitcoin. Knowing that this currency is gaining more and more popularity, many car companies are starting to realize how powerful and lucrative this cryptocurrency can be, and they decided to accept Bitcoin as a method of payment for their products and services.
10 LUXURY CAR DEALERS
Since Sept. 2017, when a Lamborghini dealer in Costa Mesa, Calif. started taking Bitcoin as a method of payment, other dealers of luxury sports car brands followed suit and now allow you to buy your car with the cryptocurrency. Examples of those are seen in Atlanta and Albany, N.Y., where dealers are now accepting Bitcoin. “Michael’s Auto Plaza in Albany, New York, also began accepting bitcoin payments through BitPay in December. Eugene Rubinchuk, a vice president and part owner at the dealership, which sells used cars with prices ranging from under $15,000 to an $89,000 Bentley, says he saw posts about extravagant cars like Lamborghinis bought with bitcoin on Facebook,” a CNBC article stated.
9 BOB MOORE AUTO DEALERS
This Oklahoma-based automotive group has started taking Bitcoin and other cryptocurrencies in all of its 18 dealerships in that state. After starting offering the payment option initially at its Subaru dealership in Oklahoma City, the group is expanding the service into its other locations, which sell Audi, Buick, Cadillac, Chrysler, Dodge, Ford, GMC, Infiniti, Jaguar, Jeep, KIA, Land Rover, Maserati, Mazda, Nissan, Porsche, and Ram. To make this possible, Bob Moore partnered with Aliant Payments, which will enable the payments with Bitcoin, as well as with Ethereum and Litecoin.
The electric car company started accepting Bitcoin payments recently, but a noticeable case came in 2013, when a Florida man purchased a Tesla S at a California dealership for 91.4 Bitcoins, equivalent at the time to $103,000. This became a rare case for the Elon Musk company, which doesn’t usually sell its vehicles at traditional dealerships and prefers online sales that involve direct transactions between the manufacturer and its customers.
If you are planning to get a brand new BMW car, you can now use Bitcoin to buy it, as many of the brand’s dealerships are now accepting the cryptocurrency. Many dealers in the U.S. and in the UK are taking that method of payment, and the move seems to be lucrative, as most Bitcoin users tend to buy luxury goods and services with virtual currencies, paving the way for more and more customers in the future purchasing their cars using Bitcoins. BMW seems to be in the right way by allowing its dealers to accept the currency of the future in its customers’ transactions.
This company based out of Yukon, Okla. specializes in building restorations and continuation cars of Ford Mustangs, with authorization of the Ford Motor Company and Shelby American. In an effort to expand its client base globally, Classic Recreations is accepting payments in many cryptocurrencies, including Bitcoin. re life I have had a strong fascination for technology and its evolution. Cryptocurrencies have come a long way and continue to solidify themselves as a legitimate currency on the global market. The true beauty of accepting cryptocurrency is the universal aspect of it which allows Classic Recreations to connect with consumers from anywhere in the world,” company owner Jason Engel told Bitcoin.com.
5 BERNIE MORENO DEALERSHIPS (CLEVELAND, OHIO)
Luxury car shoppers in the Cleveland, Ohio area now have one more option to pay for their dream machines. Bernie Moreno, a Mercedes-Benz and Porsche dealer, offers since 2018 the option of payment with Bitcoin and other cryptocurrencies for both cars and services. The dealership patrons are able to purchase their cars via a simple tap on a smartphone, transferring Bitcoin from a virtual wallet to the dealership at no extra fees.
4POST OAK MOTOR CARS (TEXAS)
This Texas-based dealer is the first Rolls Royce, Bentley, and Bugatti dealership to accept Bitcoin and other cryptocurrencies in its luxury car sales, starting the practice in Sept. 2018. The retailer has partnered with payment service BitPay to allow its customers to buy their vehicles using cryptocurrencies, and this move will expand its reach of customers to far beyond Texas, as the Bitcoin option will allow the dealership to accept purchase orders from customers worldwide. This will allow more convenience and customers to buy their cars a lot faster than most dealers.
3 E-Z RENT A CAR
This car rental company is aiming at making rentals much easier and faster by accepting Bitcoins as a method of payment for its customers. The company website praises the speed of crypto transactions. “When you’re far away from home, stepping off a flight in a new city and ready to pick up your rental car, a bank may detect a credit transaction in a new location and freeze your account. A quick, peer-to-peer bitcoin transfer just goes through instantly. The payment is made and you’re ready to drive,” E-Z website stated.
2 CARRIAGE NISSAN (ATLANTA, GEORGIA)
This Atlanta Nissan dealer is now accepting Bitcoin as a method of payment for those looking to buy their new Nissan. Carriage also partnered with BitPay to enable its patrons to buy their vehicles at the retailer using cryptocurrencies, but before getting excited to get your new ride with Bitcoins, there is a catch: the dealer’s website states that “only Bitcoin payments that can cover the full price of the vehicle including tax, tag and title can be accepted at this time,” and that “finance and lease options are currently unavailable.”
BitCar is a website that specializes in fractional ownership of exotic cars, mostly from luxury brands. Using a blockchain-based platform, the site allows you to purchase a car through something called “utility token,” which consists of an asset that is tradable on BitCar’s live peer-to-peer auction platform.
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