shanecoin

I hear this argument a lot and have a genuine question.

How does Bitcoin electricity usage compare to something that achieves a similar goal?

A good example is gold—many people compare Bitcoin to gold. What are the relative electricity costs of the two, and does that justify the cost of either asset? This would take into account the electricity costs of mining, labor, supply chain, storage, etc.

> cryptocurrency has a finite volume of transferrable currency

This is true of Bitcoin. Others, such as Ethereum, have a known inflation schedule, which would help alleviate the issue you mentioned as being a currency of the future. Furthermore, it is looking like the "currency of the future" may (at least in the short term), look more like a cryptocurrency that is worth $1 and is 1:1 backed by a dollar in a bank account. These are known as stablecoins and are an in-demand topic right now for central banks around the world.

Bitcoin has a property of having a known, fixed supply. This allows it to serve as a store of value. It can and is used for day-to-day transactions, but there may need to be more advancements to make these types of transactions viable long-term (such as the lightning network).

> Telegram supports end-to-end encryption ("secret chats") with no logging -- as far as I know there is no proof that these chats are untrustworthy.

The argument I've heard is that Telegram uses their own encryption protocol. The rule of thumb in cryptography is "don't roll your own crypto".

The reason why that statement exists is because there are _countless_ examples of teams coming up with their own, new cryptographic mechanisms that either break (intentionally or not) or were written with a backdoor. People get incredibly clever when it comes to breaking encryption.

AFAIK the only way to be on the right side of this argument is to use a time-tested encryption protocol. However, there are even instances where some protocols have been live and in production for x years before discovering that a backdoor has been in the code since day one.

This seems like a great way for newcomers to learn the basics of `git` though GitHub. A great move by GitHub to try to capture this market of users who may not yet be comfortable with subversion control.

The best part of this repository is that the authors and the commit dates reflect the true date of the event:

  James Ashley authored and JesseKPhillips committed on Dec 6, 1986

  8th Congress authored and JesseKPhillips committed on Jun 15, 1980

To take advantage of the ICO hype. Telegram could never have raised $1.7B in different, more traditional medium.

As a non-designer, I am finding it easier and easier to get something professional looking up. Couple this with Material-UI and a solid looking template and you could have a beautiful, custom landing page up a day.

There are obviously UX and other issues that I struggle to excel at, but from a simple, consumer-facing perspective, I see UI getting more and more manageable.

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