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Google who Dimon is 
And it does not need backing. The only thing that is required is "demand". It seems to be there.
Bastard Programmer from Hell 
"If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.
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Eddy Vluggen wrote: Google who Dimon is
Or maybe read the title of the article?Eddy Vluggen wrote: The only thing that is required is "demand".
Just like Tulip mania
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David O'Neil wrote: Or maybe read the title of the article?
The title is "BitCoin". If you don't know who Jamie Dimon is, you're out.
David O'Neil wrote: Just like Tulip mania
Sure. You might want to re-read that.
Bastard Programmer from Hell
"If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.
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I take it you are having a bad day. Here was the article title from the first post: Bitcoin is 'worthless': JPMorgan CEO Dimon | Fox Business.
Hope it gets better.
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As a silver bug, I'm having some good weeks
And Dimon has been saying that BC is worthless for years. It is as valuable as a dollar.
Bastard Programmer from Hell
"If you just follow the bacon Eddy, wherever it leads you, then you won't have to think about politics." -- Some Bell.
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there should be differences between demand and desire: one can demand things that has a useful value outside of money, but money can only be earned or desired for .
imho, use demand and supply to determine price of money (what ??) is circular or self referential in logic
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Quote: demand and supply to determine price of money (what ??) is circular or self referential in logic
The forex market is entirely circular, with each currency priced in terms of all others. In fact, every price is circular in that regard. If a Big Mac is $4, then a dollar is worth 0.25 Big Macs. There is no anchor.
And when someone buys something, they consider that thing to be more valuable to them than the currency.
Currency can also be counterfeited, or conjured into existence by banks. But I repeat myself.
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as I said in a previous post, I belief that each kind of currency in forex market is backed by at least one physical entity, most likely a government (or company in case of stock share, a limited currency in scope), that the parties involved trust to be capable of deliver the non-currency value when requested, it's essentially a promise (and therefor a non-currency liability). There is no real circularity here, the "buck" stop at trust
however, digital money is created by computers that neither have any capability to deliver any value nor be based on value creation mechanism/statistics of the real world, that when used to points to real values, it dilutes other currency and cases transfer of wealth to, err, computers ? probably you know what I mean, the desire is there
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Creating human-like AI is about more than mimicking human behavior—technology must also be able to process information, or "think" like humans if it is to be fully relied upon. That poorly?
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Or, "Which humans?" These past several years have shown some stunning examples of something... And I'm pretty sure I don't want the machines replicating it!
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Installing WSL through the store will allow you to get the latest WSL updates and features faster, and without needing to modify your Windows version. I thought it was in the box?
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Indeed says the success of the crypto industry has resulted in a 118% jump in career postings for work in the field compared with last year. "People all over the world. Join in, ride this train"
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There’s something thrilling about reviving old code, bringing it back to life so it can see the light of another era. "Sometimes dead is better."
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actually, I like to dig some old Visual C++ 6.0 code to check some ideas.
diligent hands rule....
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Microsoft's new Windows 11 has a ton of security-based features baked into it like Trusted Platform Module (TPM 2.0), Virtualization-based Security (VBS), and more, which - much to the annoyance of certain users - have lead to some strict system requirements. So kind of them to make hackers lives easier
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On the other hand...[^] 
M.D.V. 
If something has a solution... Why do we have to worry about?. If it has no solution... For what reason do we have to worry about?
Help me to understand what I'm saying, and I'll explain it better to you
Rating helpful answers is nice, but saying thanks can be even nicer.
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 Talk about going down a rabbit hole.
"When you are dead, you won't even know that you are dead. It's a pain only felt by others; same thing when you are stupid."
Ignorant - An individual without knowledge, but is willing to learn.
Stupid - An individual without knowledge and is incapable of learning.
Idiot - An individual without knowledge and allows social media to do the thinking for them.
modified 19-Nov-21 21:01pm.
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Microsoft will soon begin disabling Excel 4.0 XLM macros by default in Microsoft 365 tenants to protect customers from malicious documents. Works until they have to enable macros to get any work done
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MIT Technology Review (5 free articles a month): [^] Quote: Sometime in mid-2019, a police contractor in the Chinese city of Kuitun tapped a college student from the University of Washington on the shoulder as she walked through a crowd.
The student, Vera Zhou, didn’t notice at first because she was listening to music through her earbuds.
When she turned around and saw the black uniform, the blood drained from her face. The police officer took her to a nearby People’s Convenience Police Station—one of more than 7,700 such surveillance hubs that now dot the region.
On a monitor, she saw her face surrounded by a yellow square. On other screens she saw pedestrians, their faces surrounded by green squares. Beside the video still of her face, her personal data appeared in a black text box. It said that she was Hui, a member of a Chinese Muslim group that makes up around 1 million of the population of 15 million Muslims in Northwest China. The alarm had gone off because she had walked beyond the parameters of the policing grid of her neighborhood confinement. As a former detainee in a re-education camp, she was not officially permitted to travel to other areas of town without explicit permission. The yellow square around her face on the screen indicated that she had once again been deemed a “pre-criminal” by the digital enclosure system that held Muslims in place. She ended up jailed for months with other Muslim women, all deemed guilty of cyber “pre-crimes” such as having WhatsApp on their phone.
In the fall of 2019, Vera returned to Seattle. Just a few months later, across town, Amazon—the world’s wealthiest technology company—received a shipment of 1,500 heat-mapping camera systems from the Chinese surveillance company Dahua, the very same company that provides the “smart camp” systems that Vera Zhou experienced in Xinjiang.
If a company I worked for used a surveillance camera at facility entrances to scan for unusual fever only (screen for Covid, face-recog for valid employee status), I could accept that, but, how could I know what else that system was being used for ?
Cue sound of cold shudders.
«The mind is not a vessel to be filled but a fire to be kindled» Plutarch
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Philip K. Dick's Minority Report come to life!
This is one of the reasons I would never visit the PRC these days. It's bad enough for the locals, but being trapped the way this student was is beyond horrible.
Amazon's building may be covered by security cameras, but the difference is that the company rent-a-cops can do no worse than throw me out of the building; they cannot lock me up for months on end.
I would be much more worried if I heard that the Seattle Police Department had ordered the cameras.
Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.
-- 6079 Smith W.
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William Shatner will have to wait another day to reach the final frontier. Not going so boldly anymore
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Hey, just cause he's delayed doesn't mean he's not going boldly. 
The difficult we do right away...
...the impossible takes slightly longer.
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At least one other has baldly gone where no one has gone before...
Freedom is the freedom to say that two plus two make four. If that is granted, all else follows.
-- 6079 Smith W.
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