0_o

Joined 18 years ago

Karma

101

Submissions

46

Member since

Aug 24

nothing profound,i just sit around

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Recent submissions

Comment · 8 years ago

Its the first way to have a trustless, digital cash system as opposed to a digital payment system. In a payment system, people essentially exchange IOU's. Like writing a "good for $x note" or cheque. Payments always incur counter party risk, and thus can only happen among users who trust each other - or they must rely on a trusted third party (bank, paypal, credit card company etc).

Bitcoin allows peer 2 peer cash settlements, where users do not need to trust each other, because there is no counter party risk since they exchange something of value. Think gold, or although that is somewhat confusing, paying with bank notes (bank notes really are IOUs, but issued by a bank or central bank, so when we use them, we consider them valuable because we trust the bank, not the person paying with them). With cash payments, you dont rely on a third party, you dont take on counter party risk, you exchange things that actually have value, that you have to be sure can not be forged. Sounds trivial, but its a really difficult thing to pull off. Even in the real world, its not easy, bank notes can be counterfeit, gold may be fake, etc. In the digital world, its even harder because you also have to make sure each coin can only be spent once (its trivial to copy data). Bitcoin was the first solution to this problem. source: https://np.reddit.com/r/CryptoCurrency/comments/6ufksx/am_i_...

Comment · 12 years ago

While Robin Li's wife and kids live in the U.S. ...

Comment · 12 years ago

taobao.com has the shortest robots.txt http://www.taobao.com/robots.txt

Comment · 13 years ago

With Start8 installed, the Windows 8.1 is actually the best Windows OS I have ever used. Looking forward to a native start menu!

Comment · 14 years ago

"Sorry, I can't help you with that"

Comment · 14 years ago

google "goagent", which is free and faster than VPN

Comment · 16 years ago

"re-education through labour" is the literal translation of the Chinese words "laogai"(劳改), which is already in Oxford dictionary. http://en.wikipedia.org/wiki/Laogai

Comment · 16 years ago

Two most well-known Chinese liberals share the same name -Xiaobo, what a coincidence! The other one is Wang Xiaobo, whose name is much more influencial in China.

Comment · 16 years ago

I wonder what my future grandson can teach me (50 years later).

Comment · 16 years ago

I am from China, my advise for western Chinese learners is:don't learn it based on Pinyin which seems helpful at the beginning but leads you to nowhere at all. If you just want to be able to read CHinese books or novels you simply don't have to know how to speak it. Most of the European Chinese experts in the last century were like that. And if you just want to speak it fluently, find a Chinese gf/bf,in two years you can flirt with others in Chinese.

Comment · 16 years ago

I started taking a James Bond shower 6 months ago and have not caught any cold since then - http://artofmanliness.com/2010/01/18/the-james-bond-shower-a...

Comment · 17 years ago

The author didn't know how to use it's/its correctly.

Comment · 17 years ago

The link is blocked by GFW, I think, I can not open it here in China.

Comment · 17 years ago

Simplified Chinese characters are ugly and ridiculous, I am in China and I prefer to read and write in traditional Chinese.