TURING COMPLETE - PUMP AND DUMP - FIAT CURRENCY - IRREVERSIBLE -

rstracer (48)in #money • 6 years ago


TURING COMPLETE	an example of this is the ethereum virtual machine (evm). the ability of a machine to perform calculations that any other programmable computer is capable of, is referred by turing complete refers to. ^{Source + Source}
PUMP AND DUMP	when the value is high enough, the perpetrator sells their assets, cashing in and flooding the market, which causes the value to crash. the publicity causes others to acquire the asset, forcing up its value. inflating the value of a financial asset that has been produced or acquired cheaply, using aggressive publicity and often misleading statements. ^{Source + Source}
FIAT CURRENCY	there is no safety net for that situation. after confirmation, a transaction is unable to be reversed by nobody. ^{Source + Source}
IRREVERSIBLE	like usd, eur or cny, is any money declared by a government to be to be valid for meeting a financial obligation.^{Source + Source}


TURING COMPLETE	an example of this is the ethereum virtual machine (evm). the ability of a machine to perform calculations that any other programmable computer is capable of, is referred by turing complete refers to. ^{Source + Source}
PUMP AND DUMP	when the value is high enough, the perpetrator sells their assets, cashing in and flooding the market, which causes the value to crash. the publicity causes others to acquire the asset, forcing up its value. inflating the value of a financial asset that has been produced or acquired cheaply, using aggressive publicity and often misleading statements. ^{Source + Source}
FIAT CURRENCY	like usd, eur or cny, is any money declared by a government to be to be valid for meeting a financial obligation.^{Source + Source}
IRREVERSIBLE	there is no safety net for that situation. after confirmation, a transaction is unable to be reversed by nobody. ^{Source + Source}

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