This is nothing compared to the paths in the future.
Cryptos still have to include working for coin.
As in, a person has time that they want to exchange for money, but there is no money to be had, so then the society gets value from some work (building a bridge, cleaning roads, something) and the person gets crypto-coins.
However, this fork will probably be easier.
Like when we went from VCS that checked out and locked complete files to now having multiple re-emergent strategies in version control.
There is another piece (that I did not add because I was just trying to add an example)
The person who makes a product to sell also makes the money to buy it... sorta.
Because there isn't enough money, but there is more than enough labor, so more money is added to the pool, and then loops back to the creator and gets cancelled out.
Back, I think it was just after WWII, there were cities that didn't have enough money. So, the mayor took the money they had, put it in the bank, and offered community script to the people. You could go to the bank and redeem the script for 90% to the country money.
Along with a (stamping method) self disintigrating, the local script got traded much faster allowing for full employment of everyone in the town.
It worked really great in all the areas it was tried.. until it was outlawed.
Thanks for the infromation. Resteemes
Many thanks @evelyniroh :)
And here's how SegWit activation schedule looks like:)
Praying for a safe Steem passage through all of this @cardboard :)
That is barely readable dude :P
Go out to the Source I provided and read it from there :)
Thank you for sharing this valuable information.
Morning Michael. Always happy to spread the info :)
Good morning! Night here. Have a great day!
I think this is probably the biggest danger in crypto right now!
https://steemit.com/cryptocurrency/@cryptocoinclub/blockfolio-addiction-help-group
Let us pray for the path of least resistance :)
hi
Make me rich (lool)
good job / good luck
🆔 @haji
This is nothing compared to the paths in the future.
Cryptos still have to include working for coin.
As in, a person has time that they want to exchange for money, but there is no money to be had, so then the society gets value from some work (building a bridge, cleaning roads, something) and the person gets crypto-coins.
However, this fork will probably be easier.
Like when we went from VCS that checked out and locked complete files to now having multiple re-emergent strategies in version control.
... but our governments print money to cover the public debt incurred by building these structures ... a hidden tax to us all!!
There is another piece (that I did not add because I was just trying to add an example)
The person who makes a product to sell also makes the money to buy it... sorta.
Because there isn't enough money, but there is more than enough labor, so more money is added to the pool, and then loops back to the creator and gets cancelled out.
Back, I think it was just after WWII, there were cities that didn't have enough money. So, the mayor took the money they had, put it in the bank, and offered community script to the people. You could go to the bank and redeem the script for 90% to the country money.
Along with a (stamping method) self disintigrating, the local script got traded much faster allowing for full employment of everyone in the town.
It worked really great in all the areas it was tried.. until it was outlawed.