Hillary Clinton: It's not businesses that create jobs

[Type Username Here]

You are the typical case of someone speaking on something he has no idea about.

Bitcoin is the holy grail of cypherpunk cryptography.

I will repeat, your lack of education and general misinformation is not representative of Bitcoin's technical achievement. Bitcoin is the internet of money. The internet democratized information and Bitcoin will do the same for money. If you have any idea about the fundamental importance of money in our society you would not be making such foolish claim.

Post a picture of your degree breh. Let's see who has the education on this matter.

You're like a snake-oil salesman pitching penny stocks because it benefits you. Notice that I never discredited any cryptocurrency, or downplayed it's potential. I was merely laughing at your asinine statement. To say that cryptography that traces back to the 70s and 80s is more of a breakthrough than work being done that leads to machines thinking and interpreting what they are seeing, is borderline retarded. The fact that you said that while having a bitcoin avi and the fact that your only posts in this forum involves bitcoin, makes it even funnier.

Again, I never discredited crypto-currency or cryptography. I feel these are important concepts, especially in a political sense. But to say what you said is down right laughable.

Post your degree though.

 

[Type Username Here]

Just so some of you understand, and this actually relates back to the original conversation about government created fields or projects:

To prevent modification of the block chain, the new block must be accompanied by a cryptographic hash - bitcoin uses SHA-256 - of three things: the hash of the previous block, the block itself, and a number called a nonce.

SHA-2 is a set of cryptographic hash functions designed by the NSA (U.S. National Security Agency).

 

[Domingo Halliburton]

I didnt read through this thread but I don't get the big deal about what she said

 

[DEAD7]

I didnt read through this thread but I don't get the big deal about what she said

Long story short, she should be coasting into the White House, avoiding anything that could give voters pause and the right a glimmer of hope.

 

[Type Username Here]

Here is an example of some one mining bitcoin with pen and paper:

http://www.righto.com/2014/09/mining-bitcoin-with-pencil-and-paper.html


But it's more advanced than something like a machine teaching itself the best way to do this:



or genetic algorithms that self-produce walking simulations:



or a self-driving car:

 

[¯\_(ツ)_/¯]

I didnt read through this thread but I don't get the big deal about what she said

Long story short, she should be coasting into the White House, avoiding anything that could give voters pause and the right a glimmer of hope.

Even shorter, Americans think businesses create jobs..while consumers just make them look pretty

 

[Domingo Halliburton]

Even shorter, Americans think businesses create jobs..while consumers just make them look pretty

I mean obviously they do create jobs but it takes demand from consumers as has been stated

 

[heisenburrr]

blabla

you're so basic

More "advanced" technology doesn't mean it's more impactful.

The beauty of Bitcoin is not individual innovations, cryptographic algorithmns or mathematical proof of work.

It is the combination of them all in a genuis way to create the first practical application that solves the Byzantine Generals Problem.

Bitcoin is a protocol for innovation. It lays the groundwork for applications that can replace WHOLE INDUSTRIES.

I'm repeating myself but since the Internet there has been nothing quite like it. All these things you refer to are specific applications of advances in science that of course all have their own merit. But none enable the paradigm shift that Bitcoin does. You can literally replace and build a whole new internet on top of the Bitcoin protocol

You just refuse to see the big picture here.

 

[DEAD7]

Even shorter, Americans think businesses create jobs..while consumers just make them look pretty

I mean obviously they do create jobs but it takes demand from consumers as has been stated

Neither businesses or consumers create jobs alone, but Hilary didn't say that. She said "its not businesses that create jobs", and left it at that...
It allows her opponents to peg her as economically naive...


edit: obviously there is a progressive crowd that cheers this statement... so maybe it was calculated

 

[Trip]

denial is strong from the usual suspects.


nothing would exist without the government at the end of the day.

How Orwellian of you.

 

[¯\_(ツ)_/¯]

Neither businesses or consumers create jobs alone, but Hilary didn't say that. She said "its not businesses that create jobs", and left it at that...
It allows her opponents to peg her as economically naive...


edit: obviously there is a progressive crowd that cheers this statement... so maybe it was calculated

It was taken out of context.

I think she was referring to the idea of voodoo economics or tax cuts for businesses to help create jobs.

 

[¯\_(ツ)_/¯]

I mean obviously they do create jobs but it takes demand from consumers as has been stated

True but I would go further and say.

A free market with consumers with high income and demand>a free market with businesses getting tax cuts.