User talk:CornejoGilberti

From Cellbe

Good day! I was curious to know if stteing up a blog site such your own: is hard to do for unskilled people? I've been wanting to set up my own blog for a while now but have been turned off mainly because I've always assumed it required tons of work. What do you think? Thank you

[edit] ZqAmYjEPmrkon

The computational offert does not have to be competitive. It being competitive is what causes the Prisoner's Dilemma.Also, the psuedo-anonymity of Bitcoins causes another potentially high cost. The cost of trust. If I send somebody Bitcoins hoping for a product or service in return, I really don't know who I sent them to. They could just keep my Bitcoins, and not send me the product or service without the threat of repercussion. Also, the no chargeback feature doesn't remove costs, it just transfers the cost from the receiver of currency to the sender of currency. Note: this may make it ideal for micro-donations where the receiving party is authenticated by some third-party (trusted certificate authority).Then there are other costs associated with Bitcoins, like usability, exchange to and from other currencies, and uncertainty about legality, taxation, etc I.e. Bitcoin's strengths under some use-cases, are its weaknesses under others.

[edit] Nora

My Initial thoughts about ibtcoin were the effective loss of CPU cycles or should I say wasted CPU Cycles.If for example the CPUs were working on problems like protein folding or something that would have a direct benefit for society as well as mining for non existant or even some kind of tie in between the both, as a whole it would be a much cooler project.