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      "parent_permlink": "neo",
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      "permlink": "neo-blockchain-many-programming-languages-like-c-java-python-vs-ethereum-solidity",
      "title": "Neo blockchain (many programming languages like C#, Java Python) vs Ethereum (Solidity)",
      "body": "![U5dtNYy8rNVQnJVyNWPyPCtQbuw3rBG_1680x8400.png](https://steemitimages.com/DQmZb8dbEXRibfEVfwrgZrZxfpPrgWu1Vr7NkAgBKmAvP3k/U5dtNYy8rNVQnJVyNWPyPCtQbuw3rBG_1680x8400.png)\n\nNeo says it is more programmer friendly because it supports many programming languages like c#, Java, Python\n\n![image13.png](https://steemitimages.com/DQmc87htq2Gffnd44v8tJFX11WDKMvXhy9pYvdoh61wN9Va/image13.png)\n\nLet's take Java for example (for the sole reason I have a deeper understanding of it).\n\nThey're compiling Java into their of OP_CODEs. Not into Java bytecode. And it does not run in theJava VM but in the Neo VM as shown in the picture above.\n\nThe argument is that this saves the programmer time to learn Neo. \n\nHaving done projects in about 20 programming languages in my long life, I don't think this saves any significant time. Why? We spend the most time learning the IDE, runtime environments and especially libraries.\n\nIn the case of Neo, only the syntax of Java is used, not the Java compiler, not the Java libraries you love.\n\nFor a programmer, it takes half a day to get a good enough understanding of a new syntax to start writing basic code.\nAfter this half day you get to the deeper points that must be different between the Java VM and the Neo VM.\n\nAnd it creates the (security) nightmare of having to understand smart contracts in different programming languages.\n\n**So does it help to support many programming languages? Yes, because all that non programmers think this is an advantage to programmers and start investing in Neo.**\n\nI'd prefer learning a new language like Solidity with specific properties that are useful in a smart contract.\n\n\n**What confuses me Is the Interop Service in the Neo VM:**\n\nCan I create 24 forks of the Neo blockchain by writing a smart contract that creates a different hash depending on the time zone it is mined?",
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      "body": "I completely missed the NEO boat.\n\nAs a developer for complex systems, I think NEO is too complicated. \n\nSuporting many full featured programming languages?\n\nHow could Java code with many Java VM versions get the same result when running on different nodes/miners?\n\nSame or bigger problem with all the other supported languages.\n\nCan some developer tell me how this can not be a problem that all nodes and all validations give the same result?",
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      "body": "Congratulations @gerd! You have completed some achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/votes.png)](http://steemitboard.com/@gerd) Award for the number of upvotes\n\nClick on any badge to view your own Board of Honor on SteemitBoard.\nFor more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)\n\nIf you no longer want to receive notifications, reply to this comment with the word `STOP`\n\n> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
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      "permlink": "re-gerd-dollar-is-crashing-20170821t162611731z",
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      "body": "nice, the only risk i see in the near future is the multiple forking. if we find a way to stay together with one bitcoin it will be unstopable",
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      "body": "Lets start measuring the dollar in bitcoin.\n\nCan you afford holding dollar (vs hodling bitcoin) when you look at this chart?\n\n\n![USDXBT.jpeg](https://steemitimages.com/DQmP8y2Vsg5zWTVkoaQqfwLRLCEg8vG7sdzRpwZbBP9QHkZ/USDXBT.jpeg)",
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      "title": "Probably you can call me a contrarian",
      "body": "I developed that early in my life.\n\nBeing a contrarian feels like freedom from whatever we don't like, if we do the oposit. At least it felt like freedom when I was young.\n\nIt's not. What or who we don't like still determines, what we do. (The oposit)\n\nFreedom starts when we are a contrarian but have no problem to learn from those we can't stand and sometimes to do what they do.",
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      "body": "Mainstream. Probably you can call me a contrarian. \n\nIt feels like freedom from whatever we don't like, if we do the oposit.\n\nIt's not. What or who we don't like still determines, what we do. (The oposit)\n\nFreedom starts when you are a contrarian but have no problem to do what mainstream does and listen to and learn from those we can't stand.",
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      "author": "steemitboard",
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      "title": "",
      "body": "Congratulations @gerd! You have received a personal award!\n\n[![](https://steemitimages.com/70x70/http://steemitboard.com/@gerd/birthday1.png)](http://steemitboard.com/@gerd)  Happy Birthday - 1 Year on Steemit Happy Birthday - 1 Year on Steemit\nClick on the badge to view your own Board of Honor on SteemitBoard.\n\nFor more information about this award, click [here](https://steemit.com/steemitboard/@steemitboard/steemitboard-update-8-happy-birthday)\n> By upvoting this notification, you can help all Steemit users. Learn how [here](https://steemit.com/steemitboard/@steemitboard/http-i-cubeupload-com-7ciqeo-png)!",
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      "parent_permlink": "inflation",
      "author": "gerd",
      "permlink": "gradually-and-then-suddenly",
      "title": "Gradually and Then Suddenly",
      "body": "![IMG_0323.JPG](https://steemitimages.com/DQmWHhAK5pHtZa5kxq9S5KisuJk1gXcD55Fk4GbriJimqa5/IMG_0323.JPG)\n\n“How did you go bankrupt,” Bill asked.\n“Two ways,” Mike said. “Gradually and then suddenly.”\n“What brought it on?”\n“Friends,” said Mike. “I had a lot of friends.”\n― Ernest Hemingway, The Sun Also Rises (1926)\n\n\nHow is it possible — with the most accommodative monetary policy in the history of the world, with the easiest money to borrow that corporations have ever experienced, with all the amazing technological advancements that we read about day in and day out — that companies have not invested more in plant and equipment and technology to improve their labor productivity, to make more with the people they’ve got?\n\nThe answer, of course, is the answer that the Fed will never admit. The reason companies aren’t investing more aggressively in plant and equipment and technology is BECAUSE we have the most accommodative monetary policy in the history of the world, with the easiest money to borrow that corporations have ever seen. Why in the world would management take the risk — and it’s definitely a risk — of investing for real growth when they are so awash in easy money that they can beat their earnings guidance with a risk-free stock buyback? Why in the world would management take the risk — and it’s definitely a risk — of investing for GAAP earnings when they are so awash in easy money that they can hit their pro forma narrative guidance by simply buying profitless revenue? Why in the world would companies take any risk at all when the Fed has eliminated any and all negative consequences for playing it safe? It’s like going to a college where grade inflation makes an A- the average grade. Sure, I could bust a gut to get that A, but why would I do that?\n\nContinued:\nhttp://epsilontheory.com/notes/gradually-and-then-suddenly/",
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