CS

YouDoNotKnowMeSir

Not really. I’m educated both academically in CS and on the topic of crypto. I just don’t really see the practical vision for crypto, but the tech behind it is cool and I think there is more useful applications of blockchain that can be explored and provide real value.

anonymous104180

But that CS play wouldn’t be the same today as those times, i remember doing my most exciting kill in CS… playing today CS would be a lot different than those time with other friends. I mean you could have spent all your money in btc and than sold it anyway few years later while never experiencing any game and still be miserable anyway today… buying btc early was not sufficient you had to have also the conviction to hold it for more than 10 years which most of the people would have failed at it 🤷‍♂️. Enjoy the CS memories those are priceless xD.

Secret_Operative

Amazon has never accepted bitcoin. Steam did, yes. They stopped around the time on-chain payments became slow and expensive. In the same era, third-party markets for CS skins allowed being paid out in Bitcoin, and that's an obvious money laundering channel that I don't think steam wanted any part of.

SouthernGoal4836

Vanguard is even dirtier than you think. My work 401k uses Vanguard and for the past 8 years has used Charles Schwab as their brokerage option for you to invest freely in your 401k plan. It was amazing because through CS I was able to get exposure to BTC through IBIT. In January I received a notice from vanguard saying they were eliminating a list of 100 related crypto stock from purchase through the brokerage option. I don’t understand how they can tell us what we can buy on another platform but they can. So now all new 401k money can’t be invested in crypto at all. I save way beyond IRA limits so it’s a bit frustrating.

ParkieWanKenobie

Didn’t realise IEX didn’t work anymore… Never used it myself, but thought it was the way to hit the lit exchange. And only once bought direct with CS. I prefer to buy at price I want and DRS through IBKR

klippklar

All my past CS professors who talked about it did, some of whom did research on blockchain.

Desperate-Barnacle-4

Runescape and CS Skins. Ebay. For a brief period ATMs before all the KYC.

SlooperDoop

All the (other) professors in my CS department. We all used bitcoin as an example in cybersecurity, cryptography, distributed computing, etcetera. I could be in the office with five PhD's that could (and did) write research papers about the difficulty adjustment. But they don't trust bitcoin. They see it as gambling. It's the economics and currency issues that they didn't believe, thinking bitcoin is worthless because it's a perfectly secure virtual asset with no actual value beyond hype.

Electrical_Hat_680

You could be working right now and making cash money - there's CS students, graduates even, buying big homes and stacking military style bunk beds in them with lockers and a computer network setup - I even think of I remember correctly talking about this being a great idea since owning a home isn't an interest and renting doesn't get that cheap - that's like a Buck and a Quarter a Day for Food and Lodging, plus hardcore Computer Science Projects that make Fortune 100s scared.

slicknick012

[https://www.reddit.com/r/WallStreetBetsCrypto/s/tvDhD1CS54](https://www.reddit.com/r/WallStreetBetsCrypto/s/tvDhD1CS54)

slicknick012

[https://www.reddit.com/r/WallStreetBetsCrypto/s/tvDhD1CS54](https://www.reddit.com/r/WallStreetBetsCrypto/s/tvDhD1CS54)

mikitu

Especially since he has CS background. Blockchain is a terrible solution for almost everything, except sound money.

NTZArts

Thanks, I appreciate the response. I already have some business experience (albeit pretty small) so this is not my "first rodeo" so to speak. But I do appreciate your advice and will definitely keep it in mind. It's funny that you mention being surprised at CS students not knowing that TRNG is a thing considering that I'm a software engineer who did not know that either. Though in my defense I am self taught and didn't go through formal education haha.

Key_Friendship_6767

You don’t sound like a CS major tbh. The questions about being divisible makes me think you do not understand basic fractions and decimals well

Typical-Green-7352

Fellow CS background here. You're asking the right questions. Having considered these things for many years, here are the answers:  1. Yes, that's the basic value proposition right now. The simplest view of intrinsic value is that it replaces gold. All the Bitcoin will be worth what all the gold was previously worth, and gold will drop accordingly. Then the second order approximation is that Bitcoin has less inflation than gold, so we expect Bitcoin to go up in value for to slight deflation, while hold had historically gone down slightly due to slight inflation (mining supply). 2. Yes, it's replacing the current financial system with something somewhat similar. But if you don't that system you can now opt out of it. You can hold your keys and trust no-one. "Don't trust - verify" and "not your keys, not your coins" will continue to be real options, even when a whole other ecosystem of convenience has popped up around Bitcoin. Most normal people won't be that cypherpunk though. (And the new economics are definitely not redundant.) 3. Yes, you summed it up perfectly here. If you believe positive economic growth will continue to be possible and even a realistic expectation, and that inflation can stay under 3% in real terms, and that wages will rise, and that government and private institutions can be trusted not to be corrupt, then you have no reason to believe that Bitcoin will take off. 4. This one is technical. The simplest answer is that it's like gold, infinitely divisible, but still scarce - because no one actually wants to own one-infinity-th of all the gold in the world, and Bitcoin is the same. The technical answer is that with fiat money, when they print it they keep the printed money, so your share of the total money supply goes down. With Bitcoin if we start denominating everything in 1/1000 of a satoshi, yes in some sense we are making 999 times as much bitcoin and adding it to the supply, but we're giving all of it to the people who already have it, so it doesn't change the value of your wallet. It's exactly like if we all agreed one day to stop denominating gold in ounces and use milligrams instead. The value of "a unit of gold" goes down, but the number of units you have goes up in a way that perfectly makes up for it. Now if we all agreed to let the miners start printing bitcoin beyond 21,000,000, and that it goes to someone other than current holders, then that would be real inflation, just like fiat. Why that won't happen is an interesting story for another comment.

JustAFlexDriver

OP does not understand that, given a pizza and the ability to infinitely divide the pizza into million pieces, it is still a pizza. The pizza does not multiply itself, how could it not be scarce? I hate stupid people think that they are smart enough to study CS, when they can’t even understand a simple concept.

Zanar2002

>I've got a CS background and love blockchain as a technology Why do you like blockchain? I think the answer to that might answer some of your questions. >relatively poor hedge against inflation historically Well, maybe compared to the S&P 500, but gold is up more than 10-fold over the past 25 years, so I'd say gold bugs have done okay. I think the value proposition is that a) it's still undervalued, b) it's better than gold because it has a better stock-to-flow, is easily verifiable (unless, say, a gold bar, which could be gold-plated tungsten), it's easier to move and store, is a payment network in and of itself, etc., c) it follows a predictable power law because it's a nascent monetary network.

Honest_Corn_Farmer

Why would CS has access to that much data? Esp on customers that did not initiate contact with their CS team.

SpiritDonkey

That's probably it then. I didn't look long enough to clock it properly, swatted it away like it was a mosquito 😂 strange their CS didn't seem to know about it, but not that surprised either, rare to have decent CS anywhere these days. Regardless, I'm not clicking random links that pop up and scare the bejeezus out of me.

SpiritDonkey

Anyone else using coinbase app on their phone had an animated graphic pop up, purple arrows and shield, asking them to join a crypto community with a link to click? Obvs I ignored and contacted CS straight away but they are being cagey and say they cant confirm if it was a Coinbase communication or not.

FromZeroToLegend

No 👎 wtf. That’s now how it works. Where did you get your CS degree?

HSuke

Dev talk requires very technical CS knowledge, and this is true for every blockchain. Have you seen Bitcoin's GitHub commit comments or Delving Bitcoin dev threads? Good luck understanding them without being in CS. FTR, here is the thread on the recent RISC-V proposal: https://ethereum-magicians.org/t/long-term-l1-execution-layer-proposal-replace-the-evm-with-risc-v/23617 It's this complex any serious blockchain.

DeltaHL

SkinBaron, in 2014. ... But I was just a kid, still in elementary school. I didn’t work, and I didn’t have money to buy anything, I just went on the site to look at (not buy) CS:GO skins. I noticed that they had a different payment method, looked it up, and I found out about it. If I had been five years older..

Good-Implement2091

i was playing CS 1.6 at that time

katworld96

That’s all i’ve got so far. You may have already known that their CS is one of the worst. They use template to answer their clients, even in the live chat everything was prepared, after countlessly attempts of chatting with an agent, there is only one time i got a useful information from them. Prior to this, the CS guy said that my withdrawal addresses is “unsafe” and flag my account( p/s: the addresses are from binance and my ledger). So i remove the addresses and i got flagged again due to this ridiculous reason. I would advise everyone to stay far from this exchange.

katworld96

Ofc my money is still there but due to this broken auto analysis system, it is nothing different from “day-robing”. They didn’t even provide anything concrete about what and when i presumably exploit the market. Absolutely none transparency. Also their CS is also abysmal. I wouldn’t recommend anyone use this platform. I’ve been using binance and coinbase for 7 years now and everything went smoothly. Not like this broken system of bybit.

low_contrast_black

I think you’ve dived a bit too deep into the rabbit hole. Pull up and come up for some oxygen. I have been working in CS for decades, with a minor specialty in encryption. In all fairness, I admit I haven’t contributed to the bit source. However, I can state that I have enough confidence to commit almost the entirety of my life’s net-worth to it. That’s how solidly I, a degreed CS professional, with a minor specialty in encryption believe in it. I say it’s all good. If that’s not enough, please do your own homework. I have.

throwaway_45534

If you CS is only 10% of your net worth, does it seem silly not to trust them with 10%, but trust them with 90%?

crakked21

Save for pc, have fun! Fun more important than money. Broke and fun > rich and no fun Sell bitcoin if you have to, make sure to buy back though. You’ll get more fun from CS than btc number You already save a lot :) Good luck, I’m proud of you <3

TEquilla99

I did, nothing helpful i got the same Prompt message that i got from the other CS nothing +

riscten

AFAIK it was actually the private keys that were written in plain text in the log files attached to the emails send to CS. See [this](https://www.reddit.com/r/Tangem/comments/1hougo1/is_tangem_compromised_or_is_it_scam/), and [this](https://www.reddit.com/r/Tangem/comments/1hmt2ct/deleted_by_user/). I would personally trust an open source wallet running on a clean phone a lot more than I would Tangem, simply for the fact that there is absolutely no visibility into what's actually happenning on the card. For all we know, Tangem might be generating keys from a low entropy source, or from a preselected pool. There's just no way to tell. I see what you're saying about trusting regardless. In the end, the choice is between trusting other technical users, and trusting the manufacturer. But wouldn't you put more trust in those who have the most to lose from a software flaw? When you trust other technical users to do the verifying for you, you are part of the same group. When you trust the manufacturer, you're trusting a group with differing interests.

WhyYesIAmADog

CS2 skins 😔 if you want to really hide your wealth

HSuke

What? That makes no sense. I know he's not a CS guy and doesn't know much anout consensus protocols, but I don't think he's that dumb. Did you mean each Bitcoin node or Bitcoin miner?

Opposite-Car2809

Any idea how can I watch it live? Gonna have a CS class in a hour but I cannot think others than liberation day

TinyAdhesiveness5773

Everything was fine couple months ago, then citadel and others decided to jump in and "provide liquidity" which basically means stealing liquidity from retail traders. you can't beat their algorithms. They pay millions for recent CS graduates, pin picking them with tests and hiring them to keep building more sophisticated algorithms each time. As usual big money screws small money. Bitcoin for example is no longer tradable, you have to be so quick or you'll get trapped no matter what you do.

Future-Tomorrow

Under the laws of enshittification, CS is either gone and replaced by AI or outsourced to the Philippines or India. Was an eBay seller for over 20 years, a power seller for more than a decade. CS is never coming back to eBay and to your point they’ll just keep gouging customers with fees. As a matter of fact, eBay has a setting that will allow you to add almost the entirety of a sales value to exposure and noobs get caught with that regularly and are shocked when they get something like $27-$77 on a $900 item.

Minute-Warthog-8445

Yep. Me too. I've been on a upswing and profiting today. But all of a sudden last hour it says Thus Business is frozen. Please contact CS for info......GREAT

Large-Assignment9320

Clearly the only thing that has constantly been going up this year is CS2 skins,

PatrickThomas4one

I’ll keep voting for Coinbase as now that Trump had his SEC puppet drop their case, coincidentally after Brian Armstrong & Coinbase were part of the industry(crypto) that poured millions into trump’s campaign…they will continue to operate without a true CS department, promoting themselves as what they are not

ImmediateYogurt8613

Hahha.  Ok OP - focus on school, ignore crypto.  Learn CS and a future proof skill that doesn’t rely on a computer . Then you’ll be okay.

Sector__7

Here you go. It even has a 90 day policy if it doesn’t suit your needs. [illustrious_Stand319 Lambo](https://www.walmart.com/ip/Hot-Wheels-Lamborghini-Huracan-LP-620-2-Super-Trofeo-239-250-HW-Exotics-8-10/13940072488?athcpid=13940072488&athpgid=AthenaItempage&athcgid=null&athznid=si&athieid=v0_eeOC43OCwxMTAuNTEsMC4wOTQ4NTc3NTI0NTAzNDEyNywwLjVf&athstid=CS055~CS004&athguid=SkeAK-WQQOZSwAEnX9jg71TmrPH8eeMZkqtV&athancid=5124484822&athposb=0&athena=true)

CrashleyBezos

I work in CS for a large bank and I see this shit all the time. Any time anybody asks me for help linking their account to a crypto exchange, my first question is "is somebody directing you to do this, and do you know this person and trust them?" Sadly the answer is usually "yes but I just met them online". Don't trust random people online. The way the economy has been especially the last few years, nobody is out there giving away free shit or trying to help you get rich fast. If they say they are it's almost always a scam.

partyboycs

Makes me think of Kato 14 Titan holos in CS (iykyk) similar gains to btc I think they’re about $100k each now. I call myself a 100% BTC maxi but the only other thing I actually HODL are CS cases. Huge demand so people open them and the supply is actually decreasing instead of staying the same because of that. As long as the game doesn’t ever die for some reason (ath player count currently) these and Bitcoin are going to the moon :) I bought so many cases back in the day for 3 cents each and many of them $10+ now, some even worth hundreds each.

RicoSuave1962

Yes. Within 3 days they reopened my account. Make sure you correspond with a case specialist, not a CS person. Everything has been perfect since.

nachopc

Happened to me on another platform Kept hammering their CS until they added the token I needed (I sent USDC (SOL) to my sol wallet but they only had USDC (eth)) They can probably send it back to you (or you can just wait and pray they add it)

cashcheater

If you're already planning to do this, then DCA is a solid strategy. However, you might want to explore other formula-based strategies as well—besides DCA, there are also CS and VA. If you're looking for something more efficient and don’t want to lock up your funds for five years, I could help you with that.

mikebailey

I did hackathons around the same time this guy did. As far as I could tell, he’s not dumb as rocks but he’s also not some genius astrophysicist the press makes him out to be. The average CS student could be in a similar place with his timing and luck.

Jeny42

Hello fellow Pioneer! I'm a Pi validator and have watched many other coins launch since 2017. My thoughts about the launch? Brilliant. Better than expected considering full market buy has yet to kick into gear. My best advice is - read the whitepaper so you understand the concept and don't have to ask many questions. Research the well known founders - one was instructor of Stanford’s first decentralized applications class, CS359B, in 2018. Not fly-by-nighters. Read the r/PiNetwork and learn how to not get scammed. Can it fail? Any crypto can. My bet is, its a winner long term.

harvested

>The ByBit hack reminds me of when I was a TA for the cryptocurrency class (CS251) at Stanford. The final exam had a question asking students to find 8 purposefully placed bugs in an ETH contract. The students found 15 💀

orlanbelohvost

Just called them and it says that CS is not available for my account.

verikiima

Their CS picked up the phone when I called for assistance with verifying my account. Their verification process isn't there for no reason - I appreciate the added security.

orlanbelohvost

I tried to call them - CS is not available. Sent them email, no answer.

cinnabunnyrolls

You lose access to your google account because of whatever ToS you broke or a failed verification. Google asked me for my id and proof of address to verify my payments and they haven't got back to me in ages due to their lackluster CS.

Ok-Sympathy9768

Yup..dealing with banks can be a whole lotta BS. Happened to me on vacation and with major purchases… what is fucking nuts is the more responsible you are with your finances and the more money you have.. the more you are at risk of losing access to your money..it has to with software/ai monitoring for fraud…what a gigantic pain in the ass.. Gotten blocked from accessing my bag and it really was annoying. Best thing to do is use multiple institutions + have multiple cc processors ( example have at least 3 different cc processors one visa, one MC, one Amex or JCB.. example if a possible ai generated fraud alert pops up on one visa it will hit all your visas) + if married keep your finances separated… same thing with BTC..why have all your exposure in one place/ or single cold wallet? I ask myself what’s more likely to happen me lose keys or one of the institutions like blackrock, fidelity, GBTC, or arc losing them??? Back in the day GBTC made it so easy to invest and get bitcoin exposure.. buying shares was super easy in a tax advantaged account .. felt a lot safer too.. literally a couple keystrokes in the retirement account and bam I just bought shares equivalent to 10+ BTC at like around $5/share.. worry free…. And DCA was also easier.. at this point if the shtf with the ETFs.. say like an ftx .. It would probably crash Bitcoin .. the ETFs are the key to mass adoption.. which brings us full circle… spreading risk includes have a some in CS because an you really trust institutions .. but I am too much of a Fucktard to figure out how to do CS .. so I rely on institutions..

MrMoustacheMan

Through bear and bull you hold the line, Your CS team, both fast and kind. In Reddit threads you’re always there, When summoned you answer with patience and care. No bots, no ghosting, just real replies, Kraken, my guide, gives trusted advise. 🚀🐙 @moons

Maleficent-Fail-3764

IMHO, while I’m no tax expert, I only play one on tv. These things below sound hauntingly familiar and do not trigger taxable events per se. CS staking payment is technically income but still worth the mention because in both situations you do not relinquish custody in the eyes of Uncle Sam. Fidelity: “It is possible to borrow against your positions if those holdings are held in a non-retirement brokerage account with the margin feature. A margin account lets you leverage securities you already own as collateral for a loan. Keep in mind that these loans are interest-bearing and can be used to gain access to funds for various reasons that cover investment and non-investment needs. When borrowing on margin, it’s always important to carefully consider your personal situation to help determine if it makes sense for you. That said, there is no other way to borrow money from your brokerage account without enabling this feature. To better understand margin loans, let’s discuss them a little more. When you take a loan, it isn’t just used for trading, and you can withdraw the funds to a personal bank account on file. Margin loans do not carry a specified date that you must repay the funds; however, you will be charged margin interest for as long as you maintain a margin debit. Margin interest is charged daily on all settled debit balances and begins from the date credit is extended. Interest rate periods run for 30 calendar days beginning on the 21st of each month until the 20th of the next month, and is posted to accounts on the first business day following the 20th of each month.” Charles Schwab: “When you get a loan on stocks, you are lending your stocks to another party in exchange for a fee. This is also known as securities lending or stock lending. How it works You typically receive a fee for lending your stocks. You retain ownership of your stocks and can sell them at any time. You may need to provide collateral, such as cash or other securities. The borrower may need to pay a loan fee and interest. Risks If the value of your stocks drops, the collateral may not be enough to cover the loan. If you default on the loan, the lender may sell your stocks to cover the loan. Benefits You may receive a fee for lending your stocks. You can spread out a purchase over time. You can keep a larger portion of your investments working for you. You can write off interest costs as an investment expense on your taxes. “

Clearly_Ryan

I have 5000 hours researching it, 6 years of investment exposure, a degree in CS and economics, and an almost 8 figure networth in BTC. I have literally had hundreds of conversations online and in person explaining my thesis and, I sh_t you not, not one human being has made it past my "fiat isn't money" and "inflation impoverishes people" argument.  I have never gotten a single person past chapter 1 of my explanation on BTC, so nobody gets it. Like trying to explain to people that the Titanic has a gash in its hull and is sinking rapidly to people who undoubtedly believe the Titanic is an unsinkable ship. Here I am on a lifeboat, the only thing that floats in the Atlanic, and people only see volatility and risk while they stand on Titanic's slowly tilting deck.  People are retarded. Another meal at a Michelin Star resturant for me to help alleviate this frustration. 

Affectionate-Humor61

the .1 club is quite will see gains if held. Keep stacking and look into CS my guy

Odd-Radio-8500

https://x.com/BitcoinMagazine/status/1888559736011796944?t=9CS4S715HlbqCZ64FEmzYA&s=08

DuePercentage1580

It’s a completely illiterate book in my opinion and misses the point of Bitcoin. So many people I’ve met love this boon, but I just don’t why. Saif is the only person in the industry who understands zero cryptography, zero CS, zero economics and zero history. I would rather advise Broken Money, Mastering Bitcoin, Understanding Cryptography and 21 lessons. But to each their own

idrinkforbadges

no use case, but says in 2014 that "bitcoin is better than currency" https://youtu.be/e5CS1mq6eBg?si=EKSK8hbNS6aHlBHV

snowglobes4peace

The cops are fully militarized in this country. Our military, which is the most expensive well-funded organization on earth, gives all their outdated toys to local police departments. Like tanks and shit. We had protests in my city in 2020 and the cops basically blanketed the city with CS gas in concentrations hundreds of times the safe limit. I personally watched middle aged white women emerge from the crowd with bleeding head wounds because the cops were tossing gas canisters right at protesters heads. I saw cops run at the crowd with their knives drawn to slash vehicle tires and chase us through the streets throwing tear gas at us while ordering us to disperse with a long range acoustic device, which is basically a sonic weapon. This is while everyone was completely unarmed, except some folks who threw like rocks and bottles. Bringing a gun to fight the power in this country seems like an extremely bad idea, you'll get shot dead immediately.

Vepyr646

Ok, maybe it wasn't bitcoin then, but I know it was a crypto currency. We were CS majors, so this whole idea of online currency was something we talked about in class. That's what lead us to sign up.

chichris

I was verified in 24 hours. I love the app. Never had an issue with it. I’d contact CS.

OkCompute5378

When did I ever say it’s already there? I’m just saying it’s a real possibility in the future (next decade) and should be a genuine concern. Good luck with the PhD, I’m doing a BSc in CS so you have the edge on me there.

gethereddout

Exactly- 40 years is pretty arbitrary. Cryptography has its own origins in math and CS foundations

Creme-Waste

Absolute nonsense. I mean it. I know it. I want every one else to know it. People really like to ignore facts here. Fiat withdrawal is free. I pay 1 EU service fee. Fiat top-up is also free, so I am not sure what you are talking about. CS has been a pain point, true, but it is much better. Coinbase has 11h waiting times, so let us not pretend that this is out of the ordinary in the industry. Where I am based, CDC offers the best cashback card (Denmark). There are no alternatives. Some Danish cards offer seasonal cashback in some stores, but nothing to the tune [Crypto.com](http://Crypto.com) does. With regards to lockup, it is a utility coin. You buy and use it to access the perks you need.

LegendaryJohnny

Yeah, Nano is also basically useless, no utility, no mining, no staking as far as I know. You can send and receive Nano and thats it. Even sending and receiving common pistol in CS2 on Steam is more valuable and utility driven.

Amber_Sam

This is not Gmail CS.

MaximumStudent1839

It is because the space doesn’t rewards a diverse set of skills. It focuses excessively on hiring CS undergrads with no real work experience, rewarding social media influencers who are good at orchestrating pump and dumps, giving credit to podcasters who pretends to be smart, elevated a bunch of former Wall Street excel monkeys as “VCs” and “KOLs”, etc.

MariachiArchery

Agreed. Regulations are going to blow the barn doors off this space. Next on the list is making this actually user friendly and something an average person can understand and interact with. We need someone to come along like AOL or Google did for the internet. We'll need something like that for that super fast streamlined on-boarding. Could it be Coinbase? Maybe. But They need to get their fucking shit together as far as CS goes. As CB starts to act more and more like a bank, I'd love to see them start opening brick and mortar locations. Imagine being able to walk into a Coin Base *branch office* and cash a check, and the teller asked if you'd like it in BTC, or ETH, or USDC, or XRP, or whatever... or fuck it, just getting paid instantly after each time you punch a time clock via XRP. Will be very cool. Our financial/money system could be so much more efficient.

Exotemporal

I took a screenshot too. This feels more personal for me than when the price hit $100,000. My earliest screenshot of the bitcoin ticker was at [37.79€](https://i.imgur.com/H8bvEwt.png). My first celebratory screenshot at an all time high was at [150€](https://i.imgur.com/CS4y4YX.png). Funnily enough, my mind was blown harder at 5,000€ than at 100,000€. I think I just got used to bitcoin acting silly!

psyonix

Because Exodus has one of the strongest brand identities in the space, and while once may argue the merits of of FOSS vs proprietary, the app (the actual one, not the scam UI frontend homie got from the google) is solid. I have used it for YEARS with no issue (on the app side). Their CS has always been quick and responsive, and all seem to know what they're talking about. I think OP's post is sus, and that's being generous.

warrior2012

I find cases like this are why we are much further from mass adoption than the community would like. People make it seem like you need a CS degree to deal with crypto. Even my friends who get into crypto refuse to move their crypto off an exchange and deal with self custody for these exact reasons! When people lose six figures and there are no ways to get it back, I understand why their first instinct is to blame anyone else!

unaltered-state

That’s one metric. You also want to look at the developers involved. Projects being built that bring utility to the network, and ultimately if you believe in the project. My problems with things like Solana is there meme coin focus, or things like Sui and Hedera withs their centralization. Maybe its because of my CS background but I really think DOT has very solid potential. Especially if you want to get in early into a project, you have to predict what network will have demand before there are actual users in it.

jerry_03

Same. Well little younger in 2010/2011 at 19/20yo. Studying CS and IT in college i heard about bitcoin early on and not that I didn't understand it or blockchain, it's that I didn't realize it's potential and thought it was kinda shady cause the only use case I've seen it in was on the dark web

hik3guy

Hello! So glad BTC is at 100k but I got a question that no one or no resource has been able to help me with. It's regarding the Blockstream Jade Wallet: I can log in on a desktop but the Android app no longer allows me to enter my PIN to log in. Anyone use this cold wallet and having the same issues? Their CS or lack thereof has been useless and their subreddit has also been useless. Thank you.

braeunik

no, it is a memecoin that serves no purpose at all. Dont tell me its not a shitcoin when it literally has 0 usecase... And launching a blockchain instead of forking is super easy, most people that take CS classes could without problems create their own blockchain. Bitcoin suceeded because it is one of a kind and serves a usecase. Every memecoin on this planet is simply that, a memecoin. Don't be delusional please, this project will not survive, just like all the other memecoins from last cycle. Most of them, had their own L1 Blockchain too...

1337C4k3

Bitcoin.org and bitcointalk.org. Facebook, here, oddly enough magazines at college. CS major.

HSuke

The greatest invention that is not specific to crypto is the algorithm for **Automated Money Maker**, invented by VButerin and other Ethereum researchers. I'm sure many games have alternative systems for automatically-pricing market goods, but it wasn't until AMMs that this became formalized. There are CS-AMMs (Constant-Sum) and CP-AMMs (Constant-Product) Prior to AMMs, there was no way to price a good without an order book market and someone setting the price.

Adler4290

Same here, was too cumbersome. And I had a degree in CS, so should have been prepared, even dabbled in light cryptography, but was not coding in C for fun or so, or developing Linux stuff - So lost the interest really fast.

jnellie100

I’m not an expert, but I can answer some of your questions from living life, and some based on a small amount of due: no cost to set up CSS except the cost of the device One device to check out is Trezor. Others will then become apparent. A CS device when not connected to the internet for transfer purposes is not susceptible to attack from internet scammers. A transfer in kind from Robinhood or any other custodian is NOT a taxable event.

ohmylee

Sorry, I mean do you have double transaction fees moving your coins between two different platforms then moving to GBP? Yeah I appreciate that, I have only seen kraken CS on Reddit posts and they seem like ai

ohmylee

Does that come with fees trading between platforms? I have even read stories of kraken locking peoples accounts, but are supposed to have good customer service. I have seen kraken CS replies to others on Reddit, and they seem identical to Coinbase CS, in terms of response and helpfulness. It’s like you’re talking to an ai

Positive-Wafer2768

I understand they would need to come and go freely, but that doesn't necessarily mean that each node should trust them all equally. I need to think through this more thoroughly, as I said I am CS but I am not in this exact field, however each node maintaining a reputation list of miners and/or nodes that have performed their job faithfully (weighed by recency), and then having each node vote on which to accept, should mitigate or solve the issue. However, I would need to work out more thoroughly.

HSuke

Interesting. I didn't realize you could buy CS:GO items via crypto. Yeah, onboarding/offboarding crypto can be a pain, especially if you don't already have an account established. 1. Taking 6-48 hours for initial KYC is common for exchanges 1. If you paid $5 in fees, you probably didn't enable ActiveTrader: https://www.gemini.com/activetrader . ActiveTrader maker/taker fees are 0.2%/0.4%. 1. 10 day withdrawal for deposits is fairly common for every exchange. If you $x worth of crypto in your account on day Y, you can withdraw $x worth of crypto on day Y+10.

jaxxon

16 years ago, I capitalized Internet just like everyone else at the time and Onused LaTex because I was a CS geek. I’m American. 🤷‍♂️

AllCapNoBrake

My Venmo Credit Card did just that. Gave me cash back rewards via BTC deposits. It worked great....until it didn't. Had moved just over .3 BTC from Venmo (obviously not all cash back, but a mixture of my buying BTC and their cash back BTC rewards) to my cold storage. So from same address to same address. One day I tried to move a large chunk to cold storage and NOPE. Venmo flagged my account. Contacted CS and they said there was nothing they could do about it that the system could keep me from moving my BTC to cold storage for 30 mins or 3 months...or NEVER allow me to move it and there was no override available to them. My only option was to keep it with them, or sell for USD and transfer the USD to my bank account. I paid over $1100 in fees to sell my BTC and move the money to my bank account. I always promoted Venmo because of how easy it was to use them for banking, CC, and buying/moving BTC. Nope, never again. PS...PayPal owns them, which could explain a lot.

AllCapNoBrake

I used the Venmo CC 100% of my daily spend w/ cash rewards buying BTC...until one day, Venmo wouldn't let me send my BTC to my cold storage and their CS told me they have no idea when their systems would allow me to. Once flagged, it could take 30 mins to allow me to send it, or 3 months....or never. So I immediately sold what I had with them for USD and never looked back. Not your keys, not your cheese.

DeliciousD

The only NFT I’ll continue to buy is CS skins.

Last_Explanation9105

Must have skill for a major in CS is use of google search and ChatGPT.

phoggey

You just said, no they didn't, yet everything I said was accurate except for the song and dance for the reporter. I've actually seen the tent and been inside and watched the process, which if you truly believe it goes like how this reporter says it went.. _every time_ .., then you probably think no one has ever spit in your food before or your wife actually orgasms. There were 3 guys who did that generation of keys (when I was there), part of the keys team. They in general gave zero fucks about anything and just felt important and happy their job was safe while layoffs and shit went on around them. They mad masters degrees in CS/cryptology, but were NOT security experts. They broke up the private keys and put them on QR codes for only a few customers, in general it was zip drive back and forth without even printing and no destroying the computer.

only_merit

> But how its possible? What you entered was a valid mnemonic, so it was accepted. > By this way when you randomly input 12 seeds electrum recovery a wallet?! Not all combinations are wallet. There is a checksum at the end. In 12 words variation the checksum is very short (see https://bips.dev/39/ Generating the mnemonic table, CS column - just 4 bits - 1 in 16 combinations is valid), so it's possible to randomly find a valid combination. If you used 24 words, it would be a bit harder (8 bits -> only 1 in 256 combinations is valid).

Longjumping_File_756

Giving up mining on my computer (rate of 1-2 bitcoin/week) back in 2010/11 because I couldn’t play CS:S and mine at the same time.

Glass-Cranker

Do not do this. Exchanges are not self-custody and can steal your assets. r/coinbase, for instance, is loaded with people who have been locked out of their account. You are on the right track not using an exchange. Banxa is fine to on-ramp . I’m not sure how to resolve the birthdate issue, though. Call their CS.

AvatarOfMomus

You don't understand what I mean by "excessively". Those games run a steady stream of useful but not overly valuable rewards along the path to the really good stuff because it keeps players engaged. The TLDR here, because I did go on a bit, is that for any of these items to have significant value you're talking about a grind worse than any main stream MMO by an order of magnitude. Think 'uber-predatory mobile game' as a baseline, and probably worse. Anyways... In an MMO almost no items have any real world value, even if it could be traded for real money without a potential ban. The stuff that might have some real money value is almost always account bound, and even then it would (and does, when people find ways to sell it) only sell for a few tens of dollars in exchange for several hours of work, and that's at best. Then the value dies when the new best thing appears after a new patch with a level cap increase or some such. If you want to market a game as letting you "own your items" then they probably need to not be invalid and worthless in six months. If you want a game to be realistically "play to earn", as in make more than a few cents per hour, then items need to be valuable, which means they need to be *scarse*. What all of this boils down to is that the main thing someone buying an item off someone else is paying to do is save time grinding for that item. The value they're willing to pay is based on the usefulness of the item and the time required to get it. This means that for anything to sell for any appreciable value it's going to take *tens of hours* to get anything good. Oh, and the "pay" per hour is still likely to be only a few dollars, because the vast majority of people won't pay huge sums to save time in a hobby. For a real life example of what it looks like when a game has reasonable drop rates and items can be sold look at the average price of TF2 or CS:GO items. There are some things worth decent amounts, but they're insanely rare. Everything else is worth pennies, and the only people "playing" to make money are or were running bots and not actually playing. Eve Online offers a similar dynamic, but with no way to cash items out of the game, and even with basically everything you can buy in the game being a consumable the price of "gear" is still in the low dollar ranges for anything but the most blinged-out and/or biggest ships. When sold for real money on RMT markets in-game currency goes for drastically less than it does bought legitimately, so even then back-converting reduces things to cents of earnings per 'player', and again most of that RMT is done with bots.

Hungry-Class9806

I remember World Of Warcraft did something similar when people were able to exchange in-game currency or rare items for real money. Also CS players were able to sell their weapon skins for money. Even today's games... wouldn't be great if players could earn real money by farming and selling in-game currency or NFTs and the company would get a small part of the cut (like some web3 gaming projects doing right now with transactions)? I definitely see a lot of potential for NFT in games.

generateduser29128

CS students who thought it'd be fun to mine magic internet money on their gaming rig.

shico12

CS:GO skins sell regularly for 5 figures up. So YOUUU don't want to pay for content that isn't included in the game, which is fine. Let other people spend their money how they want to.

reticulatedjig

It's a solution for a non existent problem. People buy and trade and sell CS skins right now, without valve built in NFTs.