Anyone have any bitcoin jokes?(self.Bitcoin)submitted by This forum is pretty serious.I thought it would be nice to lighten things up with some bitcoin jokes.Unfortunately, I am not funny and can't think of anything good.(Here's my best one: What kind of car will you never see a bitcoiner driving?A: A fiata) π Rendered by PID 14912 on app-510 at 2017-06-24 12:58:48.666522+00:00 running 3522178 country code: SG.It took me about 5 minutes of clicking around Coindesk to pull up 20 company names that included either “Bit,” “Coin,” or “Pay.”And the worst part is, there’s an incredibly easy solution to this seemingly vexing problem: pick distinctive names that aren’t bitcoin puns.It’s really that simple.I understand where the founders of these companies are coming from.I understand how catchy these names may sound when they stand alone on a business card or website template.I understand how these names just “make sense” to someone in the industry.But what each of these companies fail to comprehend is that, when placed alongside every other bitcoin startup, they all start to sound the same.

Regardless of how secure their wallet may be, I‘ll never remember their name long enough to become a customer because they blend into a vast landscape of phonetically similar companies.It’s time for companies to differentiate themselves.Bitcoin is poised to revolutionize the world of online payments — that much is clear.And with Blockchain technology, the possibilities are endless.But if these companies are aiming for mass adoption, they need to look at other oligopolistic industries for a glimpse into their own future.In the spirit of financial services, let’s at credit card company names: There’s Visa, Mastercard, American Express, and (sometimes) Discover, all names that are clean, efficient, and incredibly distinctive from one another.How about cars?There’s Audi, BMW, Ford, Tesla, Chrysler, among others.Again, each of these names is distinct — it’s nearly impossible to confuse Audi and BMW.You can’t say that for BitFlyer and BitFury, or itBit and BitPay.These names are simply too similar for their own good.Bitcoin needs to be simple for new users, and these names aren’t helping.Bitcoin's COO Explains What Bitcoin Is, ConanBitcoin may be too much for our puny minds to comprehend; luckily, Conan O’Brien sat down with the COO of Bitcoin to help figure it all out.“What is bitcoin?

Well, it’s an open source synergistic flow matrix with e-transference of digital assets.”If Conan is making fun of us, then it’s quite obvious that we, the bitcoin community, haven’t done quite enough to clearly explain how cryptos work and can be used.Let’s not make that job more difficult for ourselves.“Acronyms seriously suck.The key test for an acronym is to ask whether it helps or hurts communication.” — Elon MuskIn a company-wide email, Elon railed on the use of acronyms, specifically mentioning the confusion new employees must feel when bombarded with hundreds of acronyms.We need to ask ourselves the same question that Elon posed to his employees.Do these phonetically similar names make things more efficient, or simply confuse new users?I vote the latter.I’m still confused as to why this trend has continued.Why are we insisting on making this market & industry difficult to comprehend, when all we pray and work for is mass adoption?Let’s make bitcoin easy to understand.

Leave the bad puns for Twitter.If you enjoyed this article, it would really help if you hit recommend below!I also just got a Twitter, so please follow @nickabouzeid!Big thanks to @danielsing3r for teaching me about the world of Twitter.ShareIs it fair to say that the Blockchain space is still in its infancy?It might arguably be more fitting to say it’s in its adolescence.After all, it’s in undergoing rapid changes and thrives on undermining (if you’ll pardon the Bitcoin pun) the establishment.As for those rapid changes, it’s not quite so easy to tell what adulthood will bring for Blockchain and cryptocurrencies.bitcoin ach transferThis is a specialized game, after all.bitcoin ceo diesSo, naturally enough, we sat down with a specialist to get those answers.bitcoin lavoro

co-owner Adam Stradling, who has Blockchain knowledge coming out of his ears, has been kind enough to share his thoughts on the matter with us.Fintech might be barely recognizable in a few years’ time.And while that might sound scary, it also means plenty of opportunity for the smartest, quickest innovators and corporates.Here’s where a few of those opportunities might lie…“This is something that I’m very excited about,” says Stradling.bitcoin tracker fund“I see it forming in the same way that was exciting about Bitcoin when it first started forming.“Looking at Bitcoin Blockchain, Ethereum Blockchain and so on, these chains and that technology stack are not fundamentally going to be able to hold large amounts of data.bitcoin etf marchThey will be able to compute data when needed for various operations, but in terms of just storing large amounts of data… they’re not going to do that.“So now you have big projects that are coming out of Bitcoin itself.bitcoin chargeback

Kim Dotcom doing another version of Mega.You have Swarm and IPFS on Ethereum and you have a number of independent entities starting to do stuff.And the sheer number of experiments being done in that realm is an indication of just how interesting this is.“The cost per terabyte on some of these systems is drastically lower.People also say ‘why not just use Google and Dropbox, or other cloud systems?’ but I don’t see these networks as competing with those 100% — just like I don’t see Bitcoin as competing 100% with banks.sell bitcoin phI think there’s actually going to be new services and new applications that people haven’t thought about, for when and why they’ll want to have their their data in this type of storage environment as compared to other ones.“This is a trend I started researching around two and a half years ago, and which is now coming to fruition.ethereum defined

It’s a whole branch of cryptography that focuses on doing data computations, but being able to keep the inputs private.These are things like homomorphic encryption, zero-knowledge proofs and multi-party computing.“Just from a coin perspective we’re starting to see value transfer systems and storage systems that have the true privacy that we originally wanted with Bitcoin.“That is then going to precipitate out into other applications that also need privacy but still need computation.bitcoin surges to all-time highThe corporates and the banks worry about privacy: they don’t want to put transactions out there publicly.But as soon as you start stripping away the facets of the Blockchain to get that privacy, you reduce the security and you reduce some of the Blockchain’s good features.So privacy crypto gives you the best of both worlds.“Another trend that’s just in its very kernel right now is distributed compute and there’s only been one ‘company’ that started down this path.