Cryptocurrency

[DaveB]

Is there yet a trustworthy independent verification service that checks out all these new projects to ensure they are telling the truth, such as checking they exist at the physical location of their premises, and spends some time with them making sure they're not just a front to a scam?

If not, then a nice plan B for someone with suitable private detective skills and an initial budget to travel a bit. Can then sell proof of the evidence to interested parties with the aim of becoming the industry standard for accredited blockchain related services.

Just one necessary satellite service that will provide work for those not involved with the actual blockchain/crypto projects themselves.

All doable but you'll need to make damn sure you are indemnified against any liabilities if you sign off a project and it does turn into a scam or otherwise gos south with peoples money.

You'll need some very good lawyers to write the contracts and some very good insurance to cover the costs of defending it if a big investor gets burnt on the back of your advice.

 

[scooterscot]

Why is blockchain the future?

Why is blockchain the future?

George Gilder was spot on about the creation of the smartphone 25 years ago... you'd do well to listen to him today.

21 minutes in he talks about authentication systems as they exist today, and why they are bankrupt. You can really understand why blockchain projects like Civic CVC is primed to fill in this void.

 

[northernladuk]

Cool. Let's see if he's right in 25 years then.

 

[scooterscot]

Think you're missing the point. Have you heard someone say that to you before? Well there's a reason...

 

[AtW]

You can really understand why blockchain projects like Civic CVC is primed to fill in this void.

Yeah, and keeping your medical info in blockchain is the future too...

 

[Hobosapien]

Yeah, and keeping your medical info in blockchain is the future too...

Doesn't take much imagination to envisage a situation where the individual could have control over all their private and sensitive information, with public key access provided to third parties that can be rescinded or changed to only allow certain entities to access certain information at a certain time. Could cover everything from contact details to secrets/passwords you only want specific people to access after death.

There will be people out there working on this type of stuff instead of ridiculing it all on internet forums.

 

[scooterscot]

Prepare yourselves, Bitcoin is probably going to take another step down in dollar terms over the next 10 days. Pay not attention.

The game is accumulating Satoshi value.

 

[northernladuk]

Prepare yourselves, Bitcoin is probably going to take another step down in dollar terms over the next 10 days. Pay not attention.

The game is accumulating Satoshi value.

:yawn:

 

[DaveB]

Doesn't take much imagination to envisage a situation where the individual could have control over all their private and sensitive information, with public key access provided to third parties that can be rescinded or changed to only allow certain entities to access certain information at a certain time. Could cover everything from contact details to secrets/passwords you only want specific people to access after death.

There will be people out there working on this type of stuff instead of ridiculing it all on internet forums.

Already happening in Estonia.

Citizens have control over who gets to see their data and when and everything is linked back to a unique e-ID card and digital signature. Citizens have control over disclosure at a granular level and can revoke access at any time.

They are looking to use KSI Blockchain technology internally to verify integrity and improve internal security controls within the the national digital ecosystem.

 

[VirtualMonkey]

Prepare yourselves, Bitcoin is probably going to take another step down in dollar terms over the next 10 days. Pay not attention.

The game is accumulating Satoshi value.

why do you think that?
I notice bitfinex is having scheduled downtime sometime today...last time that happened on an exchange that allows shorting we saw massive spikes in price