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I’m Scared of BitCoin

If you bought $100 of bitcoin 7 years ago, you’d be sitting on $72.9 million now after new record high

Here is what BitCoin is defined as in Wikipedia:

Bitcoin is a cryptocurrency and a digital payment system[ invented by an unknown programmer, or a group of programmers, under the name Satoshi Nakamoto. It was released as open-source software in 2009.

Fuck banks. The system is peer-to-peer, and transactions take place between users directly, without an intermediary. According to a research produced by Cambridge University in 2017, there are 2.9 to 5.8 million unique users actively using a cryptocurrency wallet, most of them using bitcoin. There is a part about mining which seems essential to BitCoin that I assumed was like mining in MineCraft but was incorrect.

What the Hell is Bitcoin?

Any type of digital currency where 1 unit jumps from $.003 to $2000+ in 7 years has me nervous. I’ve heard of Bitcoin before but never explored the viability in my real life. I’ve read it’s used for underground transactions for people who don’t want to leave any type of currency trace. I know for certain if I owned any BitCoin and it grew to the levels it is at now, I’d head for the hills with any profits. This type of currency feels to unreal to me.

Of course the alternative is to say that dollars are tangible. They exist. I don’t know about you but my dollars are all digitally secured in a bank. At least that’s what I’m told anyway. I’m not sure there is even much difference with what a digital currency is anyway. I’m pretty sure that the system for money is almost exactly the same as the rules of Whose Line Is It Anyway? “Where everything is made up and the points don’t matter anyway.

BitCoin feels to me like the hot stock I’ve ridden for years and as I wait for it to go higher, it loses 89% in a single day. Not sure if anyone has any experience with it but I’m curious to hear them? I do read that instead of 2–3% typically imposed by credit card processors, merchants accepting bitcoins often pay fees in the range from 0% to less than 2%. So they have that going for them. Also you should know that your cash out of BitCoin should be taxed.

I also get all my info from Reddit so here’s a popular Reddit comment:

Here’s why Bitcoin will fail:

1) The average person is not technical enough to understand how to properly manage and use a wallet. Sure, you can say “but no one understood the internet when it first came out” but the difference is that with bitcoin, you can’t afford to screw-up as you learn. Any minor screw-up can lead to you losing all of your bitcoins.

2) No consumer protections (i.e., charge-backs in retailer dispute cases). Bitcoin, by design, protects the seller, not the buyer.

3) No cashback rewards.

4) If you lose your private key, you’re screwed. Your bitcoins are gone forever and you have absolutely no recourse. Whereas if you lose your bank account’s password, there are many secure ways to recover your funds.

5) If someone somehow steals your private key and takes your bitcoins (say they hack into your phone or find it written in your physical wallet), you have no recourse. With a traditional bank, it’s not that easy to have your funds stolen and even if they were, there are ways to recover it.

6) After 8 years, there’s still virtually no major use of bitcoin in day to day consumer transactions. Sure, some retailers accept it, but how many people transact in it? The only “users” are speculative investors. And if a retailer does “accept” it, they’re not truly accepting it (as in holding to it) because they sell it back to the bitcoin exchanges almost right away, thus creating a wash.

7) No simple and straightforward method for how your bitcoins pass to your next of kin upon your death. And please don’t say you can add it to your will. As if someone would really be stupid enough to publish their private keys in a will and risk anyone with access to the will to take their coins before death.

8) Risk of governments banning the sale/purchase of bitcoin from exchanges as ransomware attacks become more prevalent (which they will) and the public sees bitcoin as a method of facilitating anonymous criminal activity (which is does).

9) No economical value for a consumer. Think about it…you buy bitcoins first (and pay a commission), use it to pay for goods, the retailer sells the bitcoin back to the exchange (and pays a commission PLUS the bitcoin wallet-to-wallet transaction fee) meanwhile you get no consumer protections and no cashback offers. Why would the average consumer opt for this?

10) Unconfirmed transactions are hitting all time highs. Yes, Bitcoin is experiencing delays and serious scale-ability issues.

11) Bitcoin wallet-to-wallet transfer fees keep going up.

By | 2017-05-22T15:13:48+00:00 May 22nd, 2017|My Brain|1 Comment

Wawa vs McDonald’s Sausage Egg and Cheese

Believe it or not, I’m growing tired of the Sizzli. The convenience of making your own coffee and getting the Sizzli in a mere minute is alluring. However, like everything else, you can grow tired of the same food over and over again that I was led a quarter mile down the road to McDonalds.

I don’t eat McDonald’s often. Maybe 5 times a year. I’ve had their breakfast before though and knew I liked it. I went through the drive thru and ordered a #2 with coffee. They asked me how many sugar and creams I want in my coffee which I was caught off guard by, but my quick thinking had me order the number 1. The price was $5.61 which was about a dollar more than the Sizzli / coffee combo I am so used to. I had to buy a new router (it increased my speed from 2mbs to 10mbs, whoops) so I sat in the Walmart parking lot and chowed down the sandwich which comes with a hash brown as an extra bonus. Here’s the review:

Price

As noted above the Sizzli coffee combo is about $4.60 but does not come with a hash brown. The McDonald’s meal comes in at $5.61 which seems a tad expensive for breakfast but not going to bankrupt you. With regard to value for the meal, I vote them both the same.

Draw

Taste

The Sizzli is a solid 5. It doesn’t knock your socks off but it provides reasonable sustenance. Since I can create how much cream and sugar I want in my coffee, its more personalized to me which is a plus. I give the taste of the Wawa coffee a slight edge. The McDonald’s sandwich is a bit better. There were black chars around the English Muffin which showed it was cooked properly and the egg is tasty. I give the McDonald’s sandwich a 7. Plus the hash brown combined with ketchup is a plus.

Mcdonalds

X-Factors

The lid on McDonald’s coffee is far superior to Wawa’s. I have no idea who is in charge of the Wawa lids but once that coffee gets swishing, it’s flying out of the top and on to nearby items. My coffee holder drinks much coffee from this spillage. The McDonald’s cup has a flip tab that stays shut and can be closed into itself. The drive thru process although I initially perceived as a disadvantage, may be an advantage. You don’t even have to get out and the time difference is minimal as long as no one is in front of you.

McDonald’s

Decision

The McDonald’s meal gets the nod. It comes down to the sandwich and the McMuffin is better than the Sizzli. More compact. Less soggy because the Sizzli gets killed by the heat lamps. Better taste. I prefer the Wawa coffee but it’s not a deal breaker. The hash brown gives the full nod as well because it’s gloriously delectable and unhealthy.

By | 2017-05-14T08:56:15+00:00 May 14th, 2017|My Brain|0 Comments

Swing For The Fences

This goes right up there when Bovada writes, “your balance is running low” and I have $0.41. Thanks.

Aside from this little chuckle, I’ve been too busy to keep up with the blog. Jeff went away for 2 days and I’m stuck here at work. I’m not complaining, just haven’t had the time to blog. I’ll be back at it in no time.

Great music out by the way. New Paramore. The new Imagine Dragons “Whatever It Takes” is fire flames.

By | 2017-05-12T13:31:51+00:00 May 12th, 2017|My Brain|0 Comments

Thank You Sir!

I hate writing posts like this because they make me come off like a phony. As if I’m playing the system when in fact I do this genuinely. Here’s my little trick, adding the word sir to people who aren’t normally called sir displays a sign of respect which isn’t shown nowadays. Here are some examples:

  • The gentleman who makes my sausage, egg, and cheese in the morning always asks if I want saltpepperketchup. I’ll reply with, “yes, please” and then a few minutes later he’ll hand me my sandwich. I like saying, “thank you, sir.” Now I guarantee he doesn’t get a lot of appreciation for his excellent sandwich making skills. I’m not saying this makes his day, but it’s noticeable.
  • Today I went to pick up some food and there was a man waiting to the right of the cash register. I couldn’t tell if he was waiting in line or if he was figuring out what to order. I was picking up so I went to the front ahead of him to pay. As such, he looked perturb I cut the line. Once I noticed what I did I said, “I’m sorry sir, I didn’t realize you were waiting in line, my mistake.” It’s hard to get mad at people who show the sincerity and respect like this.
  • The final example also happened today in the same time frame as the guy before. A woman comes rushing back in the door with here take out in hand and says, “whr R may FREE noodlz? Dey alwayz giv me may FREE noodlz!” Now her strategy also worked because she did indeed get her free noodles. Our methods of dealing with people vary slightly.

Treating people with respect isn’t rocket science. People just don’t do it so when you actually know how to, you get results.

By | 2017-05-10T18:38:27+00:00 May 10th, 2017|My Brain|0 Comments

Here’s a Warm Message Ori Fire-Bush

Most people will have little interest in this story if you aren’t living in Philly, but for those who do, pay attention.

Here is a sign posted in Point Breeze.

What happened last night was 11 houses in Point Breeze being damaged or destroyed by fire at 20th and Wharton. Shocker to know that Ori Feibush is the owner. If you don’t suspect arson, you don’t have a career as a detective.

Why are the “black and brown people” so upset that their area is becoming nicer?

  • If they own – their property taxes will start to increase
  • If they rent – their rent will start to increase

The original residents, believe it or not, want their place to be a shit hole. This keeps the property value down.

Here is the best comment on why this is not the appropriate way to handle this.

“Smash Gentry Scum”? Really? Can you imagine the moral outrage in Philly if similarly worded posters went up up in mostly White neighborhoods targeting Blacks and Hispanics. There would be a crescendo of outrage. This poster is racist, offensive and plain obnoxious. Fuck the people behind it.

Tough situation going on. The lower income folk being pushed out against their will. The developers want to create a nicer space to live. Both sides can’t be happy.

Here is an article from back in February about a meeting about the scenario.

A community meeting in a gentrifying neighborhood of Philadelphia was forced to end abruptly after local activists hurled anti-Semitic comments at Jewish real estate developers.
At the Feb. 22 meeting in Point Breeze, in South Philadelphia, activists with Concerned Citizens of Point Breeze yelled “Go back to Israel!” and other insults at developers who were making presentations, Philly.com reported.
“This was not one person with a screw loose. This was a mob mentality,” Ori Feibush, a local developer who is Jewish but was not presenting at the meeting, told Philly.com.
One witness, who asked not to be identified, told Philly.com he heard someone shout “Go back to Lakewood,” a town in New Jersey with a large concentration of Orthodox Jews.
It was not clear from the reporting how many of the developers presenting at the meeting were Jewish or if any were Israeli, but Philly.com said at least one was wearing a kippah. Feibush, according to the Philadelphia Jewish Exponent, has dual U.S. and Israeli citizenship, but grew up in and still lives in the Philadelphia area.
The meeting was adjourned after the head of the organization hosting the meeting learned of the anti-Semitic comments, but participants continued to shout at one another outside.
Concerned Citizens leaders, many of them African-American, have clashed with Feibush and other developers before, voicing concerns that new developments will displace lower-income minority residents from the neighborhood.
“This is not an isolated incident,” Feibush told the Exponent. “There’s been a crescendo over the last several years. But this was incredibly antagonistic. No ambiguity: This was 100 percent anti-Semitism.”
City Councilman Kenyatta Johnson said that while past meetings concerning gentrification have “become heated,” it “never rose to this level of disrespect.”
Johnson, who was not at the meeting but heard about it from an aide who was attending, added that “those comments — whether anti-Semitic or racial — are totally unacceptable and will not be tolerated.”
Attempts by the Jewish Exponent and Philly.com to reach the Concerned Citizens group for comment were unsuccessful. The group did, however, issue a strongly worded email denying its members had made anti-Semitic comments.

By | 2017-05-01T13:24:30+00:00 May 1st, 2017|My Brain|3 Comments

A Gift From the Devil

I was approached by a homeless guy at the corner of 6th and Callowhill which is a prime spot for beggars. I see a few guys I recognize who work this spot and this one in particular walks with a crooked foot and isn’t a nice guy. He scowls if you don’t acknowledge his existence which I hate from beggars. It’s not my obligation as a human being to give you the money I work hard for.

As he approached on this particular day I was the 2nd car in line and there was no one behind me so I was going to draw his full attention. I looked in my cup holder and had a $5 SugarHouse chip. I seem to acquire small chips from Sugarhouse when I go busto and leave in disgust. I figured the chip was stained with coffee and relatively sticky so why the heck not give it to him.

I handed him the chip, he looked at it and said, “what the fuck is this?”.

I said, “it’s 5 dollars.”

“Oh? Where can I use it?”

“Sugarhouse.”

With that transaction I guarantee I didn’t do this man any favors. Now I don’t know how long it takes him to collect $5 but I’d guess around half an hour. So lets say he travels over to the Sugarhouse which is probably an hour walk for him with his limp. He trades it in for $5 and is now in the home of the degenerates. I doubt on his day to day he has much need to go to the Sugarhouse (I may be wrong as this may have put him here) but I guarantee that $5 doesn’t leave. In some freak of nature incident, maybe he turns that $5 into a thousand with the pull of a lever. More likely he enters a pit of despair, loses the 5, and reverts back to a depressed mindset that cripples his life. Ok. That wasn’t a funny pun.

 

By | 2017-04-27T10:43:47+00:00 April 27th, 2017|My Brain|0 Comments

Great Brothers Think Alike

I had to go to Sam’s blog and hit f5 before posting this to ascertain that I’m not plagiarizing from the King of Original Content. If you were unaware, and most likely you would be, Sam and I posted about Russell Westbrook within 45 minutes of each other. This is on top of him writing “Thank you South Bowl” at the end of his post and I wrote “Thank you Museum Deli” to end mine. This was both unintentional and coincidental.

Even still, it’s pretty bizarre to be on the same wave length like that. We spend some time together but it’s not like we see each other every day. I can’t even explain the Thank You to close a post. It must mean that we always say our pleases and thank you’s. The Russ post I sort of understand how it happened.

When you maintain a blog you are always looking for topics. Topics that are polarizing usually make the best posts. Russell Westbrook falls into this category because you either love him or hate him. I’m surprised these posts didn’t generate more comments but I killed Sam’s post with my link which pretty much scares off any individual to post further. Plus aside from Rob, I don’t know how many educated sports fans Sam has to warrant a strong stance. It goes to show though that we are on the same page as to what may generate reasonably good content.

I was pretty proud of my Silicon Valley post. People who don’t blog have no idea the amount of effort that’s involved in a post that gets read by a dozen people. Embedding videos. Writing text. Adding pictures. It’s all time consuming. Just finding the right content to display is the real hard part. I’ll give any blogger a pro tip and that’s to use the Reddit page of whatever it is you are blogging about and sort by Top posts. This always leads to the first class material on the web.  Why am I writing about this? Because I feel like it and don’t want to create a separate post as to why I was pleased with that post. The chances of people read this paragraph down here are much slimmer and it hides my self gratification.

So with Sam and I posting, and widely disagreeing for that matter, he’s been using that since he’s been the first to display the content (as confirmed by the twats), I’m copying him. I’m making it known that this is not the case and any other instances of aping Sam are completely unintentional. Let it be known.

By | 2017-04-26T21:03:58+00:00 April 26th, 2017|My Brain|1 Comment

Leaving a Comment

There is a major difference between internet comments and real life comments. Here are two real life examples that have happened to me in the past 2 days.

    • After shooting a 53 front yesterday, I wasn’t having the round of my life. I wasn’t 100% from drinking on Saturday night and my good shots were far and few between. On hole 16, yes Shee I figured I’d blog it, I had an 8 iron from about 165 yards into the green. It was a slow round at Valleybrook and the people in front of us were clearing the green. The guys were at least 10 yards off the green and had parked their car about 10 yards short of where they should have been. I figured I could go but this proved to be problematic. I hit a well struck shot that was veering right. With the ball in the air it was like time was standing still as the ball floated closer and closer to their cart. I meekly yelled fore but these guys were a decent amount away and didn’t hear it. I yelled it again but it still wasn’t loud enough. As I watched it descend, I knew I was in trouble. They started driving away and the ball must have landed in their cart, bounced up to the roof from the inside, and finished in their cart. Amazingly no one was hurt. Here is where the guy’s comment came in. He put his hands up like he was mad and then meekly through my ball to the ground out of his cart. I was expecting him to launch the ball back at me. That would have been a much better comment. I ended up driving up and apologizing which is appropriate and he said, “next time yell Fore.” It’s one of those spots where it’s better to wait the extra 10 seconds for the guys to go.

  • Sam’s running socks

    Sam’s blog made mention about a $17 dollar pair of socks that he’s scared to wear and I was writing a comment. After I started writing I thought to myself that this is a waste of time. My opinion on Sam’s post was that he wasn’t being very smart and should wear the more expensive socks more often if they are that much better. I was going to go into the value aspect of higher priced items and why I’m almost always for spending more. Obviously every case varies but most of the time it works that you enjoy the premium item more than the lower priced item and it more often lasts longer to offset the cost difference. This is my general feeling. So when Sam is saying he feels $17 is a lot of money for socks, my comment is…then wear them. So as I wrote that comment, I started thinking, why do I want Sam to know that I don’t exactly see his point in his post. Who really cares? I imagine this is why most people don’t comment on posts.

By | 2017-04-24T12:25:46+00:00 April 24th, 2017|My Brain|Comments Off on Leaving a Comment

Taking the Easy Way Out

Everyone who games at casinos knows that if you put a few bucks in a video poker machine at a bar and play for a few minutes, you can get free drinks. However in Vegas, this is coming to an end. There’s a new red/green light system that lights up when you are deserving of a free drink. This new system defeats “the Vegas Hustle” where you put a $20 in a machine and sit there while you drink for free. The new system “green light” lights up if you max bet 4 times in a row which you’d know is reasonable for a free drink. The only people who should be whining about this are cheapskates who shouldn’t be gambling, or drinking, anyway.

I bring this up because the easy way out is never the best way out. The news has brought us the apparent suicide of the Facebook murderer who live streamed and Aaron Hernandez who hung himself in his cell. There are a few points of interest that I found about both stories.

The FBI received 400 tips about the whereabouts of Steve Stephens. 400! I saw a dude who I thought looked like this guy but I wasn’t going to call it in and get an innocent man arrested. How on Earth are people so sure that it’s him when they call in a tip? I imagine that the calls mostly go like, “I’m here at McDonalds and there is a man who looks like the Facebook killer, you should probably check it out.” This is probably a waste of an officer’s time but they caught the guy so it must work. With regard to the Facebook stream and Facebook saying, “we are working on these issues”, it is disturbing that sick individuals are using this medium to share these horrific acts. It has me watching my back 24/7 when I’m out in public.

Next we’ll travel to Aaron Hernandez who was acquitted of a double murder but was still serving a life sentence for the death of Odin Lloyd. He hung himself with a bed sheet in his cell. I don’t know about you but I don’t think I would succeed in hanging myself with a bed sheet. I could see an hour passing by and me being like, “is it working?” This is obviously a morbid thought but it seems challenging. With Aaron perished, I’m of the mindset that there is one less gang banger off the street. From every bit of info I’ve read, he sounded like a true jerk who held himself above the law and wasn’t a nice person.

By | 2017-04-19T09:00:09+00:00 April 19th, 2017|My Brain|Comments Off on Taking the Easy Way Out

Next Level Facebooking

This is a picture my dad posted today on Facebook. I added the grass and question mark for entertainment purposes.

The current picture has exactly 0 likes on Facebook. It’s pretty rare when you take a picture and receive 0 response. Total strike out. This goes hand in hand with my dad calling me this morning and asking me where his message went when it turned all blue. He told me, “I hit enter, nothing happened, and I hit enter again and it went blue.” It took me a bit to figure out what it went blue meant but it’s what happens in Facebook messenger when you send a message.

This picture was him uploading a photo to Facebook with no caption. Not to mention the picture is a bottle of soldering flux. What’s soldering flux you ask? It’s a bottle that no one on Facebook would ever care about. Talk about knowing your audience. I think he must be on to something posting content of objects that most people have no idea what they are.

By | 2017-04-17T15:12:01+00:00 April 17th, 2017|My Brain|1 Comment