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Showing 3 of 3 results by lyntoka
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Topic
Board Politics & Society
Re: Renewable Energy
by
lyntoka
on 18/07/2017, 12:30:57 UTC
Coal and the like is finite and will run out. We'll have to switch to renewable energy eventually - the question is how much we'll damage our planet before we do.

The point we should make is even if we weren't damaging our planet the scarcity of coal is reason enough to start early at looking into alternatives so we don't end up with no viable options.
Post
Topic
Board Altcoin Discussion
Re: People who call altcoins a scam!
by
lyntoka
on 18/06/2017, 21:10:29 UTC
I say that lots of alts are scams, because they are made in a way only to profit the the creators.
They offer basically nothing new, they are clones with a catchy name, and unskilled developers.

People pump the coins to make a quick buck, then they will dump it as soon as they are done with it. They can start the process over again then.

ICOs are almost worse, people just throw money at people they don't know, they would never invest fiat in these scams!

This and the problem is all ICOs are made such that your investment is actually a donation so they have no obligation to their funders.
Post
Topic
Board Economics
Re: The future of the paper money
by
lyntoka
on 05/06/2017, 16:06:40 UTC
The idea of paper money being banned is ludicrous, I mean maybe in the distant future sure but I haven't seen any proposals whatsoever for how a digital currency could ever work in an offline setting. Paper money works whether an internet or phone connection is available and even when there is no electricity. If we had a bitcoin based digital currency what will happen when the internet goes down, will transactions be unavailable until it is working again?

Think about disaster hit areas, without paper money transactions would be impossible in all but an old fashioned barter setting.