This is the big #2 proposal that is driving DAO lemmings-jump-off-the-cliff-and-drown-in-the-sea mass suicide.
It's almost impossible to exaggerate how retarded this is...
Or how blockchain unsuitable maintaining fleets of cars is (why stop here, let's manage an airline with Solidity code).
Would you put someone you care about into this contraption?
And as for the claims of instant profits, sorry, no free lunch...
You can withdraw your ETH at 100 DAO per ETH... if you paid 1.5 ETH per 100 you will take a 50% loss.
I suspect that >>> 50% of the DAO investments will be pulled out within weeks...
But the SuperBubble masters will have succeded in popping ETH by 50% in the last month.
Please note that all that heavy buying... is matched by heavy selling and profit taking.
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What, in the blue fuck, is that? Dammit people, the blockchain can't solve every fucking thing. That's a toy as far as I'm concerned, pardon my ignorance if I have failed to see the use case for a robotic power wheel.
There are too many vastly superior companies making autonomous EVs. And a blockchain is wholly unnecessary, why does there need to be a ledger of the rentals?
Do you care who rented the red box end before you did? Do the shareholders care? Does anyone honestly care?
You guys don't see the full potential of the blockchain. Anyone could create an autonomous organization of self driving cars when the technology will be ready. You would use such car to go from point A to point B and pay it. Then, the car could charge or fuel back itself, and if it made profit even buy another car to add to "its" fleet (or expand the general fleet, depending on the code).
Another example of autonomous organization could be a email spamming system. Corporation would use such AO to advertise themselve, and the AO i don't know with what kind of algorithm, would provide the service.
I don't know how can someone stay that long on the forum of bitcoin and so the blockchain technology, without first being interested in the technology and then passionated about its possibilities.
Well said.
The fact is, the reprobate specimens who frequent this forum are mostly scammers and promoters of fake and broken shitcoins, it's natural that they would act in a churlish manner towards a crypto with genuine application in the real world. The fucking tossers should get in the fucking sea
Before I jump overboard, let me say uber is testing autonomous evs as we speak, sans blockchain. Teslas latest offering is also of the same vein. No company in this space has the r and d or capital expenditure to compete with either of these behemoths.
Blockchains are publically verifiable ledgers. If you don't really need a public ledger, you don't need a blockchain.
If the technology existed (these vehicles), I could simply call up an agent that owns these vehicles, rent the same fleet with my credit card, and flirt merrily from point A to point B. After which the car could return to its point of origin, or blow up, I give a wit either way. Simply trying to convey there are myriad more mundane and recognized technologies that don't need to be developed in order to do this. Some of the use cases seem almost a stretch to implement blockchain technology.
It's not that I'm not passionate about what bitcoin means to the future. It's just tempered with practicality.
Also, from experience, you don't want code spending money for you. You want code to indicate to you how or when you should spend your money. So that you can weigh variables outside the code, and use your intuition to decide.
Oh yeah. That swim.
splash"Anyone" could become the next Apple.
"Anyone" could become the next Google.
"Anyone" could make millions of dollars.
"Anyone" could build the next best crypto currency.
Surely it is impossible that a alt coin is useful and taking off - surely impossible that the development team are actually developing and pursuing to take a chunk out of a trillion+ dollar industry?
The internet will never take off, what a bubble - what a bust.
Don't kid yourself while I love Bitcoin Yahoo is still valued more -
I mean who uses Yahoo right? Yet Bitcoin is still pretty big sitting at 7 billion.
The potential for Ethereum to grow the size of Bitcoin is very real.
Bitcoin is just used by criminals remember?