Originally posted by scooterscot
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Reply to: Free money experiment
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Previously on "Free money experiment"
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This thread is a hoot - doubters and then some. Today the free money was almost £20 if you sold it yesterday.
Might do another one...
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Originally posted by SueEllen View PostThis "tulip" is more useful in the developing world were people rely on mobile phones to do banking transactions, their currency has hyperinflation and not everyone has access to a bank account.
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Originally posted by SueEllen View PostMobile banking allows women to save money without their husbands knowledge and vice versa.
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Originally posted by barrydidit View PostNah, they have gold, dollars and camels.
On that subject, I remember an HSBC person telling me in Y2K that they had fully functioning mobile branches on big canoes to reach the inaccessible Amazonian tribal areas. Similar thing with Bank of Scotland too IIRC.
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Originally posted by SueEllen View PostThis "tulip" is more useful in the developing world were people rely on mobile phones to do banking transactions, their currency has hyperinflation and not everyone has access to a bank account.
On that subject, I remember an HSBC person telling me in Y2K that they had fully functioning mobile branches on big canoes to reach the inaccessible Amazonian tribal areas. Similar thing with Bank of Scotland too IIRC.
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Originally posted by barrydidit View PostBecause they have a massive building on Threadneedle street, and 400 years history of conjoring money out of thin air and honouring their promises to pay the bearer. What they say is important, and gets top billing on the news. You're pissing in the wind if you think this tulip is going to take over. Now you might well make a boat load of money (proper fiat currency) out of betting on the right horse, that's a different matter. Good luck with it.
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Originally posted by scooterscot View PostThat because you don't understand blockchain technology. Trust is not a prerequisite. You trust the BOE when it conjures money out of thin air, why?
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Originally posted by barrydidit View PostBollocks. 99% of people aren't going to trust some tulip that's been conjured out of thin air by some faceless chunt in the ether. You might as well invest in Pip in a Poke. It's post count just keeps going up till one day Cojak pulls the plug and that's the end of that.
Besides blockchain tech is much more than just about money. Keeping ledgers public and distributed is massive. Golem being a fascinating example of distributed computing power. It'll put computing power centres out of business in a few years, mark my words.
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Originally posted by scooterscot View PostThought this was an IT forum?!
Originally posted by scooterscot View PostWhat's happening 'out there' is the internet Mk II.
Originally posted by scooterscot View PostBlink and you'll miss it.
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Originally posted by scooterscot View PostThought this was an IT forum?!
What's happening 'out there' is the internet Mk II. Blink and you'll miss it.
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Originally posted by barrydidit View PostWhat the fook happened here? Bunch of nerds.
What's happening 'out there' is the internet Mk II. Blink and you'll miss it.
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