In the same vein two of my favorite compact tools:
- Victorinox Cybertool (mostly to work on PC buils when I'm on the go and can't take lots of tools with me)
And for everyday use a keyring pocket knife:
- Victorinox Midnite Manager@work (somehow makes me feel safer to have a backup of my encrypted passwords on me on that USB stick, and I often use the small LED light at night or in dark corners of PC builds too)
FTA: "But Jonathan," I hear you say, "by providing a gateway aren't you just making Cloudflare a centralizing institution?"
That’s a fair question. Thankfully, Cloudflare won’t be alone in offering these gateways. We’re joining alongside organizations, such as Infura, to expand the constellation of gateways that already exist. We hope that, by providing a fast, reliable service, we can enable people who never previously used smart-contracts to do so, and in so doing bring the benefits they offer to billions of regular Internet users.
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I wouldn't say it defeats the purpose. Unless you expect every user to run their own node you really have no choice but to provide one for them or rely on a trusted service like Infura. It also makes nontrivial transaction/history lookups possible by providing a more performant search layer, the results from which you can cross reference against the actual on-chain data.
Further, client-side libraries like Ethers.js use a quorum w/ multiple centralized services to help guard against censorship/errors/etc. at that level. It's an okay middle ground.
From the current price, it's closer to three digits than to six, so my prediction actually has less price movement than the other.
But it's more than that. I've never believed the "To the moon!" predictions, because I've never believed that the real use value was there. It seems that people are investing on belief, but the actual real world use is... almost non-existent.
What's the daily volume of Bitcoin transactions that are purchases of other things, rather than investments in Bitcoin? [Edit: Divide that by the existing number of Bitcoin. That gives you the fraction spent in a day. What's the same figure for the US dollar?] Is Bitcoin really a currency if (relatively) nobody uses it to buy things? No, at that point it's an investment. [Edit: Or a store of value. But the value is fluctuating too much for it to be a very good store of value...]
But if there's no fundamental value, and it's not being used as a currency, what's the rational basis for its value? This makes it seem like a bubble.
Now, I don't actually have data for volume of purchases made in Bitcoin. I'm going on my impression, and I could be wrong.