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Messages - jackg

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I think Satoshi Nakamoto is/was either a central bank, or the American fed.  The 21 million cap, and the 10 minute block generation time ensures that Bitcoin can never become a volume world payment system.

Yes, until the rise of the lightning network :)....

Could be British/European/Australian intelligence too...

@Jet cash, maybe we could do with some sort of template somewhere?

"This post was originally posted on"...

The first two are quite good ideas to do. To help people in your country learn about and use crypto and have an accountancy firm (potentially?) that helps people document their crypto for taxation filing and other things.

I can't stand behind the idea of participating in booutnries but that's because I think bitcoin is the best cryptocurrency and maybe I'm wrong there but...

It is said that central banks plan to release their own curypto currency in some countries,for example Japan..
I know it is quite extreme, but I consider the world that coin and bill currently circulated are abolished, and only the curypto currency issued by the central bank circulates.
I think there are some merits and demerits of this system.

Merit for goverment
Promotion of utilization of blockchain and smart contracts in various infrastructures
Reduce the cost of issuing coins and bills
It is possible to prevent money laundering and crime because of catching a money transaction
It is possible to confirm the history of deposits and withdrawals of funds and possible to reliably catch taxable objects
Bribery can be eradicated

deMerit for goverment
Increases a risk of hacking
It takes cost to update various infrastructure such as payment systems
Defining the total supply amount makes it impossible to measure to prevent deflation, and If it does not, it will become inflation
When equipment is destroyed due to a disaster, it will not function as an exchanging means
Bribery is eradicated

Merit for user
There is no need to carry cash
Reduce the cost required for payment settlement
Easier transfer of assets in inheritance
Since transactions are recorded on the blockchain, accounting and tax returns are simplified

I think there are other merits and demerits, so I'm happy if you suggest other ideas.

By the way, do you want to live in such a world? I do not want to live in such a world that I can be monitored by the goverment, no matter how convenient it is.

If you're going to post this on bitcointalk with my edits, can you post a link to the thread here I'd like to comment on it?

Introduce yourself / Re: Little Mouse here
« on: October 06, 2018, 11:01:37 PM »
Another edit I've found (I hope I don't annoy with these :D).
I have invited one of my friends here too so that we can talk/chat here. I am really interested to improve my English skill.
#Edit: Seems like members outside of the forum aren't allowed to join here  :(
PM Jet Cash with who you want to add here (the username they want to sign up with and I'm sture he'll put it through), alternatively, make them a bitcointalk account :).

Thank you for the correction. I can't see the modify option for OP. BTW, any particular reason behind it? I would appreciate that.

Yes I don't think you're allowed to edit your own posts beyond 15 minutes- half an hour in order to stop random spam from going on around here.

Introduce yourself / Re: Hello
« on: October 06, 2018, 07:30:08 PM »
I saw your thread on bitcointalk forum and it was quite informative and constructive in a way it was being made. I just wonder how Fit to Talk Forum had helped you by posting it here and getting some help with other members as well.

If you have a post you want to post but aren't comfortable doing it on bitcointalk, then post it here on the help to write a bitcointalk post section:

I urge you to give into the idea that you should just use a translator for everything and copy and paste it there as that won't help you very much. If you can't get every word then it's fine to try to translate a few but we're here more for a grammar check than to go through every word and sometimes Google Tranlate can cloud our judgement more than if you actually write it yourself. (I like to use the way people write in English to try to determine best-guesses for words they'd use if they haven't used one correctly, I can't do this if it's translated because I don't have access to the central Google server's algorithm)...

General Discussion / Re: I really find english language too complicated.
« on: October 06, 2018, 07:23:09 PM »

This is true, there are words me and Jet Cash can't spall either and we've been living in English speaking countries all of our lives (I'm still in an English speaking country Jet before you comment here :D).

I have tried google translate but when I checked after google translating a paragraph for me, it does not seem too good. The idea was being twisted a little and for that I would not recommend everyone to use it especially if one does not have enough knowledge in English. However, for some people who have enough knowledge in English could do something about the google translation and modify it for the betterment of the post.

I think a good idea with this is to take your google translated post and post it here for us to see and comment on as to how the grammar sounds...
If you can right enough English that we can deduce what you mean from it then go with that though, but if there's a word you want to use to describe something, either keep it in your native language and add [language name] after it in square brackets so we know what language it needs translating from or try to copy a loose translation of the word.

Google Translate is good for single words, if you try to translate multiple sentences at a time then that's where you run into issues and it'll be good for you to know some English already and not just heavily relying on google translate to save you ever time... Once you've translated your post from google translate and we have corrected/edited it then you're free to post it on bitcointalk or wherever you'd like (provided you cite that you posted it from here in small print just so you don't get done for plagiarism)...

Introduce yourself / Re: Little Mouse here
« on: October 06, 2018, 07:16:37 PM »
It's Little Mouse here  ;D
Thank you Jet Cash for such an effort. I am interested to fit myself with English.
Hope will get some buddy around and everyone will be enough helpful.

Hi, nice work with your English so far, I'd suggest removing 'enough' from the OP but other than that, your introduction here looks quite good already - keep it up!
Also welcome here to the forum, we hope you get what you want from it :).

Computer and the Internet / Re: Have you created a Wordpress blog?
« on: October 06, 2018, 07:14:29 PM »
I'm assuming you're a trainee English writer here so I'll offer up a couple of corrections for you even though your English is quite well written and understandable at least.

which one do you mean? Cms or blogging subdomains (do you mean "services" here ?
The answer is yes , I've used wordpress as cms for years and i think its not good for now.
Wordpress is a suitable target for hackers because of the many bugs it has and it goes even worst worse when someone new installs  plugins too.
this these days Static site generators(ssg) are the best and secure choice for blogging .
If you want to know more about them you can check jekyll or my favourite hugo. (hugo seems like revolution on the build time)

Favorite is correct as is however, I'm English so I do prefer favourite (favorite is American).
This was my thought about wordpress too. It's probably easier to hack somone's account there and it is quite an outdated system they're using as it has been running the same UI for quite a while.

Introduce yourself / Re: Hi
« on: September 12, 2018, 11:19:07 PM »
Hi Darklus, great to see a new user here!
We're interested in anything you have to post here (politics, cultural views, crypto)...

I thought I'd start by offering you a few suggestions on your posts (this is a kind of "how I'd post stuff" so you can take or leave my suggestions - Jet Cash will have a differing view from my own as to what to improve for example)...
So, Allow me to introduce myself.

I am from the philippines and was been being criticized by some of the members of BCT forum for sometimes writing something that they can't understand lol.
As we all know, Filipinos, even without a proper education can understand english. However most of us also doesn't don't know how to expect or not so fluent with it.

I also want to change that image so It is very important for me to improve myself  in speaking english

Your English is already quite good so I've just offered a couple of suggestions, I couldn't understand a bit in the middle but I think I get what you mean (I just can't write it down ;D).

If you have any suggestions for where I've misinterpreted stuff then please post them, any improvement for me will help the rest of the community here...

Bitcoin and other crypto-currencies / Re: Bitcoin Price Speculation Thread
« on: September 05, 2018, 06:17:41 PM »
The price of bitcoin has just crashed quite dramatically...

Let's see how far we fall.

The United Kingdom and the European Union / Re: Wonga have collapsed
« on: September 01, 2018, 12:43:02 PM »
Good job too. I think at one time they were charging interest rates of uop to 3,500% pa. They caused the breakup of familes, suicides, and an increase in petty crime such as shoplifting.

Yeah they got ruined by the FCA's new rules on only letting ppeople pay, at most, 200% of what they had borrowed (which is still a bit high in my opinion)...

They charged 6000% per year at their peak I think (I saw it on the small print of their adverts) which is just rediculous, no wonder people had a lot of difficulty paying off their loans. It does suggest though that if a company like this has to liquidate from giving bad loans, what's the hope for all the other payday lenders who gave more reasonable loans...

Not just the Caribbean / Re: Will the S9 hydro help Venezuelan miners?
« on: September 01, 2018, 12:38:59 PM »
I thought the idea of mining dash was that it would go quite unnoticed as you just need a good cpu.

Customs can open up your packages, check was stuff is, it's licences and how it works so it becomes the main issue with trying to import something like that while trying to go unnoticed.
Sure, once it's in place, there will be virtually no noticeable noise from it.

Some other users were moaning that scale and scum could collect in the pipes and I'm not sure how likely that is (but why wouldn't you just buy a filter anyway)... (If people worry about that, then check if you have hard water or soft water, it's the hard water with the scale and scum in it but it's also said to be healthier than soft water to drink)...

The United Kingdom and the European Union / Wonga have collapsed
« on: August 30, 2018, 06:48:14 PM »
I'm not sure whether this is good news or bad news that one of the largest UK based payday lending companies has collapsed (and by largest I mean it was at least the most advertised and had a large number of customers it took advantage of - I mean gave loans to)...

The first of a line of issues that could lead to our next financial crisis and cause similar to what we had in 2008 or even more extreme.

Can you put up pictures of the Britannias and the three pence pieces, they seem quite interesting...

Silver being used to buy stuff in venzuela is quite an obvious move (seemingly in the right direction - potentially)...

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