Crypto accounting course torrent
Download the video from Internet Archive. In this lecture, Prof. Gensler, explains the basics of blockchain and covers Bitcoin design features, hash functions, blocker headers, Merkle trees, among other related topics. The following content is provided under a Creative Commons license. I really-- you know, there's a lot of shopping opportunities in the MIT courses. And that you have come back and not shaken loose after reading Satoshi Nakamoto's peer-to-peer Bitcoin paper, or maybe you just came back to see whether I was going to crash and burn describing it.
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I used to come onto HN and see crypto-coin news and I'd jump into the comments and ask something along the lines of "But isn't bitcoin and all the other things like it just a giant scam? I personally still think it's sort of a scam, but I'm happy for all of the people who used it to get rich How is "NFT" not a gigantic scam?
There is nothing at all to keep me from screenshotting or otherwise downloading that image. Now I won't necessarily "be the original owner" of it or whatever but I mean Can someone, if such a person exists, that believes in NFT's as having actual value please explain it? And according to that website, so far the author of those "NFT"s has made 13 million dollars Is that true?
If this person has made 13 million dollars because they drew a few monkeys I'm pretty sure they will be President of the US one day. I'll quote this response from the other day's thread: "Imagine a world where all or most of our interactions are in the digital realm. When you wake up in this place you are naked, cannot show anyone anything about yourself, but you are very rich. Now how do you show others that you are rich?
Simple, you buy Gucci NFT clothes that other naked peasants can see. That's what's happening. You get a certificate of ownership for your clothes - but you don't actually hold that certificate, it's a digital record in some database.
I mean, it's as valuable as what others believe it's worth, and like any common object with the word 'supreme' on it, there's people who consider these things valuable. ASalazarMX 79 days ago root parent next [—]. And any other person can have an identical painting, but without the receipt. NFTs are a scam to introduce artificial scarcity and make someone else pay for it.
The "art" speaking of the picture in the root comment hardly has any value itself. I agree, but also have to add: Does any normal, non digital art say picture or sculpture have any value itself? Besides the value of the material of course. That last point "can set fire to it at any time" is wrong, at least for the many NFTs which use decentralized content-addressed hosting such as IPFS.
Or even without the hosting, as long as the NFT identifies the content in sufficient detail—a hash is best but a plain-English description can also work.
You just need to save the content yourself so it doesn't disappear if the original host shuts down. No matter what the seller does you'll still have your certificate. In the absence of these things, however, what you're mostly buying is the digital equivalent of the artist's autograph.
Which isn't exactly nothing , but I still have a hard time justifying the prices many of these NFTs trade at. Yes, you can screenshot the Mona Lisa or print out a signed Mickey Mantle rookie card, but it's not the same thing is it? The verifiable timestamp and record of account associated with a wallet address public key that is known to be associated with the artist that produced the work is the same as establishing physical provenance for a unique item.
And as for value goes, NFTs are far more liquid than physical art works because settlement is instant, provenance is simply a matter of inspecting transaction history no need for counterparties such as Sotheby's , the market is worldwide, it's a composeable asset that can be used with other games, apps, etc. But never underestimate the value of liquidity. PragmaticPulp 79 days ago root parent next [—]. Not really. We just have to look off-chain to websites to tell us what these tokens are supposed to be thought of, ignoring the actual blockchain NFT contents and trusting the non-blockchain NFT sources.
In the real art world this is much less practical because someone would be paying huge tax bills and auction fees on each sale. With blockchain, someone can simply wash trade with themselves across wallets and nobody would ever know.
Well that's the point isn't it? It's valuable within the in-group that the person is part of. Sure you can right-click save a crypto punk, but will that allow you into their community? Yet another way for humans to form tribes, create meaning and use conspicuous consumption to signal status.
The "exclusive communities" thing is really just another abstract value proposition that the NFT sellers have come up with to try to inject some tangible value into an otherwise valueless token. Companies looking to open source pieces of code continually relearn that lession - open source communities don't "just happen", there's a ridiculous amount of work that goes into creating a viable one, even or especially if there's a closed source company backing it.
That NFTs have chosen to have discussions in private is their prerogative and I can't blame them either - NFTs still face questions of legitimacy like the above, and whether you believe in them or not, having to answer the same FUD again and again from users just trolling and calling you a scammer must be tiresome when trying to build things.
What exclusive NFT communities are worth, I don't know, but charging a fee to join or a monthly fee for access to some group of people is worth it in many contexts. Noticing a lot of takes on here that are side-stepping the "You don't actually own anything" part to suddenly focus on community buildings, as if a community has formed on the basis of receipt collection.
Money laundering? A bill of sale to the rights to a musical recording is just a receipt and doesn't physically stop anyone from violating copyright, sure. This isn't new. People commission artwork and buy the rights to it all the time. What's new is simply the mechanism being put on a blockchain.
I don't get what's so inherently crazy or a scam about that. Furry "adoptables" would map very easily onto NFTs. NFTs for things you don't own are more silly novelties or scams, but we've always had bridge sellers. That makes a lot of sense, and thanks for the detailed answers. The age old "this isn't for you" is applicable here I don't see the value personally, but I understand the motivation behind it.. Uehreka 79 days ago root parent next [—].
SuoDuanDao 79 days ago root parent next [—]. But doesn't every revolution start out with a niche of early adopters that see the potential in something where everyone else just sees the clunky first prototype? Bitcoin in the early days may not have been for you, but if your retirement fund starts holding an amount of crypto it will become 'for you' then.
The Tesla Model 3 is for a lot more people than the model S, and so on. Why would a revolution need to be 'for everyone' during the growth-hacking days? When the Model S came out, it was clear what it would be good for, and all that needed to change was to get the price down and the scale up.
Well sure To which the response 'it's targeting a small number of people that are willing to pay high prices for something that still has technical glitches, which will subsidise a more widely appealing product later' seems pretty valid.
What's the alternative, tell people at that stage about the Model 3, which even Elon thought had low odds of being built by Tesla Motors? There are too many lessons learned between the Model S days and the Model 3 days to offer a realistic vision of those days, the proof was more in who was excited by the S than a carefully laid out roadmap between exciting the early adopters and appealing to a mass market.
My reading of this is that it's describing something at a single point of time. Some niches eventually become revolutionary, but they're not both niche and revolutionary at the same time. Obviously not, because those are tangible things. But you're not paying for the tangibility. Digital image replication is near perfect. You could have a tangible copy of the Mona Lisa that is physically indistinguishable from the real one. The reason people pay millions for artworks is because of the intangible provenance.
If the value was the tangible, then tangible digital replications would sell for the same value as the original. Why does a Chanel purse sell for substantially more than a similar quality leather bag from a generic manufacturer? Because of the intangible status market of the Chanel brand. Yep exactly like that, except there's no luxury good, not even a receipt of a luxury good, just a ticket to the directions of an online store that's hosting the same bag of pixels that's given out to everyone who ever cared to come across the same public directions with their browser.
There's no respect to be earned from a public digital trail admitting you've traded real money for a link to a fake clout badge. Except there clearly is. At the point where many of the world's most famous athletes, musicians and actors have prominently displayed NFTs that they purchased, then there clearly is real social status associated with them.
You can debate about whether that's unfair, or stupid, or just a fad. But it's pretty clearly undeniable that NFTs today are an indisputable social status market to a not insignificant fraction of the population. The fact that you find that you think it shouldn't be that way doesn't change the way things are. The problem with "buying a star" or selling a star is there really is no provenance for it. Your bank account is simply a row in a Cobol database managed by some archaic institution.
Your stocks in your Robinhood app are the same. You seem to be demeaning the value of database records when so much of the world economy is merely that. My bank is managing my real cash money account, which has real utility that can be used to purchase tangible assets like the property that houses my family. Your NFT is a worthless forgotten entry buried in a DB of a URL pointing to a public image everyone has access to, but no one else had to trade real money for that will become a broken link when this pyramid scam collapses vaporizing every dollar that remained invested in it.
If I'm demeaning of anything, it's all the astroturfers, spam bots and scammers trying to hype up this fake FOMO market that is being marketed to greater fools who aren't aware of what they're actually buying as their next source of crypto wave riches they missed out by hearing about BTC too late.
The only difference is the pyramid scheme your bank account is embedded into has been going on a lot longer. I own my house because I have a piece of paper that says I own it, but really it's because my neighbors choose to acknowledge the "legitimacy" of that paper.
If someone else moves into my house while I'm on vacation I can oust them probably simply because I have more people "on my side". If enough people choose to acknowledge the legitimacy of NFTs then the scheme will not collapse.
You are just making a prediction that people wont choose this, but I think you might be surprised.
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What is a Shitcoin?
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Skip to content. Description Welcome to this class on the Ethereum Blockchain! Read More. Description The fully self-paced version of our Online Developer Bootcamp, we start off by teaching you about the underpinnings of blockchain technology and show how it all comes together to allow us to build ….
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Hackers may have started employing a clever tactic in an effort to enlist powerful PCs into cryptocurrency mining botnets. According to GameCrastinate , a game torrent is installing bitcoin mining malware on the computers of thousands of unsuspecting users. The torrent in question is Watch Dogs , an upcoming AAA title from Ubisoft, which is scheduled to officially launch tomorrow, 27th May. However, the reports have been questioned by some gamers who claim that they downloaded the same torrent — with no bitcoin mining malware in tow. Of course, this does not mean that the torrent is safe, as some users may have evaded infection through other means.
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Bloomberg -- Chia is a brand-new cryptocurrency developed by Bram Cohen, who most people know as the creator of the p2p filesharing protocol BitTorrent. The timing of the launch is auspicious. Even more notable, perhaps, is that Chia uses a security model that advertises itself as less energy-intensive than traditional mining, which, thanks to Elon Musk, is suddenly a thing that a lot of people are very focused on. And that enthusiasm is bleeding over into demand for hard drives, which are used to mine the coin. This piece from DataCenterDynamics notes that people are snapping up solid-state drives, leading to some shortages across Asia. So that in turn is having an effect on hard-drive makers.
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Variety earlier this week reported that a sale of the company to Sun closed last week, without naming a price, following rumors that circulated for at least a month that the two were in negotiations. Some are, we understand, still disputing the terms, as more than one person claims to have made the introduction between Sun and BitTorrent. BitTorrent most recently said it has about million users of its products.
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Learn the proper accounting for cryptocurrencies under accounting rules and regulations. Purchases, gains, sales and tax. It was last updated on November 14, The language of this course is English but also have Subtitles captions in English US languages for better understanding. You can free download the course from the download links below. It has a rating of 4.
Bitcoin in an IRA can threaten your retirement
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