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      "author": "partiko",
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      "body": "Why Bitcoin Needs Privacy\nTrevor Griffioen\n\n Encrypted anonymity is quickly becoming the most sought after Bitcoin implementation. Currently, Bitcoin could be described as dangerously transparent, if compared to the US Dollar. Cash is very anonymous by nature, and Bitcoin is supposed to emulate cash in a digital capacity. Unfortunately this is currently not the case, and Bitcoin has instead evolved into a digital gold. Bitcoin being digital gold would ordinarily not be such a bad thing, but because of the transparent nature of the Bitcoin Blockchain this translucency could spell disaster for Bitcoin in the long run. What do we mean by this? All Bitcoin transactions are fully traceable and could be directly correlated with an IP address. There are ways to increase Bitcoin anonymity, but theses steps are not well known outside of Bitcoin Forums or websites.  This is why privacy coins like Monero, Dash, and Zcash have become very popular in recent years. They are unique because they mask the identities of the people using them and have successfully created their own niche market. If Bitcoin became a true Privacy Coin, and implemented anonymity into it's platform, it would attract a large part of the Privacy Coin users.",
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      "body": "Cutting-edge technology has become painfully redundant, everywhere you look innovation has become the norm. Solving problems has become a way of life. Each day, new problems must be confronted with new solutions. Deadly silent is the killer of the dollar. Inflation is a real problem warranting an immediate solution. Through decentralization, speed, security, and a finite coin supply, Crypto-Currencies such as Bitcoin, Ethereum, Litecoin, and various Altcoins seek to solve the dollar's shortcomings.  Crypto-Currencies are quickly becoming industriously insurgent instruments of innovation.",
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      "body": "Congratulations @trevorg! You have completed the following achievement on the Steem blockchain and have been rewarded with new badge(s) :\n\n<table><tr><td>https://steemitimages.com/60x70/http://steemitboard.com/@trevorg/voted.png?201812301402</td><td>You received more than 10 upvotes. Your next target is to reach 50 upvotes.</td></tr>\n</table>\n\n<sub>_[Click here to view your Board](https://steemitboard.com/@trevorg)_</sub>\n<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>\n\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/christmas/@steemitboard/christmas-challenge-send-a-gift-to-to-your-friends-the-party-continues\"><img src=\"https://steemitimages.com/64x128/http://i.cubeupload.com/kf4SJb.png\"></a></td><td><a href=\"https://steemit.com/christmas/@steemitboard/christmas-challenge-send-a-gift-to-to-your-friends-the-party-continues\">Christmas Challenge - The party continues</a></td></tr></table>\n\n> Support [SteemitBoard's project](https://steemit.com/@steemitboard)! **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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      "body": "@@ -1,41 +1,4 @@\n-The Beautiful City Of St Louis%0A%0A     \n If a\n@@ -538,23 +538,16 @@\n lleyway.\n-%0A%0A%0A    \n  St. Lou\n@@ -1341,14 +1341,8 @@\n l.  \n-%0A%0A%0A   \n   Wi\n",
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      "author": "cheetah",
      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\n`https://www.youtube.com/watch?v=X9rl6Ngxbck`",
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      "body": "The Beautiful City Of St Louis\n\n     If a casual observer were to take a stroll through the heart of the Beautiful city of St. Louis, the individual would notice the cracked and uneven streets that enduringly bear the weight of centuries old architectural masterpieces. Several free standing lamp posts flicker on just after dusk, and reveal the reddish glow of the patterned bricks that constitute the warping street. Clamorgan Alley is a street that reminds you of a simpler time, and this illusion is fully complete when a horse and buggy confidently enter and exit the alleyway.\n\n\n     St. Louis has in the past been known as the leading hardware manufacturing center in the United States. It like many industrial cities became successful through large scale manufacturing and the resulting commerce that it creates. Witte hardware company was founded in 1849,  the initial location of the factory was on 706 North Third street. In 1886 F.A. Witte and Co. purchased an additional building as an expansion property for the factory. Efficiency is certainly a key for any factory, and interestingly enough the next addition to the F.A. Witte and Co. properties was built from the ground up to be as economical as possible. It was completed in 1905, and boasted several electric elevators which in addition to other improvements, helped to modernize the entire operation on every level.  \n\n\n     Without a doubt, the St. Louis arch is the most well known man made landmark in Missouri. It has quite easily coined two memorable phrases. The first being “The Gateway To The West” according to Eero Saarinen the designer of the St. Louis Arch, and the second, “The exit from the east” In the words of Kansas City Born poet Calvin Trillin. Whichever way you look at it, the Gateway arch has always been an architectural marvel and should forever be regarded as a national treasure. It was designed by Finnish-American architect Eero Saarinen in 1947, and was completed in 1965. The Arch is a mathematical marvel made to last, and has up to this point remained largely unaffected by damage sustained by storms, stunts, or design flaws. Perhaps the most detrimental design flaw is its enormous complexity. Because of this, the magnificent St. Louis Arch has never been cleaned due to the astronomical price tag naturally accompanying such a task. Despite these challenges, large scale inspection operations have been successfully executed. Resulting in a fair and much needed evaluation of its structural integrity. The results of the examination find the arch to be in great physical shape, but have noted that The Arch could definitely use a large scale cleaning operation.",
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      "body": "Frequently observed in literature, are five legendary conflicts. Man versus self, man versus society, man versus man, man versus nature, and man versus supernatural. Extraordinary stories have to evoke raw existential emotion from its audiences. Inspiring incredible fictional narrations are heart-gripping stories originating in reality. Putting on a heavy winter coat and stepping out into an icy blizzard is reality. Reality is what we see, hear, touch, and taste. But at the same time ones and zeros can’t be seen, heard, touched, or tasted. How can this recurrent numerical anomaly be reality as well? In 2016 1.61 billion people purchased goods on the internet. Today a device brings products and services straight to your door using electronic money that is hopelessly undefinable as a physical entity.\n\nCold hard cash, is steadily being replaced by the virtual dollar.\n\nIf you have ten thousand dollars in a local bank, you might assume that all of it will be stored in a physical vault. Unfortunately that is not the case and a small bank does not have a minimum reserve requirement. Meaning that if you wanted to withdraw all of your funds in cash right now the bank would legally have the right to offer you a check instead. Virtual reality isn’t a game, it’s an actual phenomenon. Thirty years ago stealing an identity was a long and grueling process for the thief. Today it’s the victim that spends two months and 200 hours on average cleaning up identity theft. Getting robbed on the way to work and getting robbed in a virtual void seem different, but anyone who has experienced similar situations have found massive amounts of suffering in both.\n\nVirtual money is versatile. Payments are relatively fast, and convenient. Since virtual transactions are quick, investing online is quite an easy task. You can buy into a stock very low and in an hour when that stock goes up, you can sell it and you’ll have made a profit.\n\nPsychologically, an investor has two main objectives. The first goal, is to minimize risk. In order to better your position financially, it is only natural to protect the assets you already have in your possession. The second goal is to accumulate wealth. Usually, this is done by putting your hard earned money directly into the hands of another entity. 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Money is losing its value every year at the rate of 2 percent. It is important to note that some websites such as Shadowstats suggest a 10 percent inflation rate. Why is money losing its value? Because as more money is printed, it becomes less rare thus lowering its value. Meaning that in the long run if you are not making more than two percent on the money you have in savings, that money is rapidly becoming less valuable. This is why many people choose to invest in precious metals, real estate, or stocks. Countering inflation has become a daunting problem with little to no tangible solution. That is, until now.\n\nVerging on mainstream adoption this year, is a cutting-edge noninflationary systematized technology known as Blockchain. Blockchain has arrived on the scene as an imperfect solution to the perfect problem. Inflation. Only imperfect because of it’s infancy, as blockchain develops we can expect to see incredible changes in the private, political, and financial arenas. 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      "body": "Frequently observed in literature, are five legendary conflicts. Man versus self, man versus society, man versus man, man versus nature, and man versus supernatural. Extraordinary stories have to evoke raw existential emotion from its audiences. Inspiring incredible fictional narrations are heart-gripping stories originating in reality. Putting on a heavy winter coat and stepping out into an icy blizzard is reality. Reality is what we see, hear, touch, and taste. But at the same time ones and zeros can’t be seen, heard, touched, or tasted. How can this recurrent numerical anomaly be reality as well? In 2016 1.61 billion people purchased goods on the internet. 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      "body": "Frequently observed in literature, are five legendary conflicts. Man versus self, man versus society, man versus man, man versus nature, and man versus supernatural. Extraordinary stories have to evoke raw existential emotion from its audiences. Inspiring incredible fictional narrations are heart-gripping stories originating in reality. Putting on a heavy winter coat and stepping out into an icy blizzard is reality. Reality is what we see, hear, touch, and taste. But at the same time ones and zeros can’t be seen, heard, touched, or tasted. How can this recurrent numerical anomaly be reality as well? In 2016 1.61 billion people purchased goods on the internet. Today a device brings products and services straight to your door using electronic money that is hopelessly undefinable as a physical entity.\n\nCold hard cash, is steadily being replaced by the virtual dollar.\n\nIf you have ten thousand dollars in a local bank, you might assume that all of it will be stored in a physical vault. Unfortunately that is not the case and a small bank does not have a minimum reserve requirement. Meaning that if you wanted to withdraw all of your funds in cash right now the bank would legally have the right to offer you a check instead. Virtual reality isn’t a game, it’s an actual phenomenon. Thirty years ago stealing an identity was a long and grueling process for the thief. Today it’s the victim that spends two months and 200 hours on average cleaning up identity theft. Getting robbed on the way to work and getting robbed in a virtual void seem different, but anyone who has experienced similar situations have found massive amounts of suffering in both.\n\nVirtual money is versatile. Payments are relatively fast, and convenient. Since virtual transactions are quick, investing online is quite an easy task. You can buy into a stock very low and in an hour when that stock goes up, you can sell it and you’ll have made a profit.\n\nPsychologically, an investor has two main objectives. The first goal, is to minimize risk. In order to better your position financially, it is only natural to protect the assets you already have in your possession. The second goal is to accumulate wealth. Usually, this is done by putting your hard earned money directly into the hands of another entity. Whether that party is a large corporation or a small supplier, you have given away your capital in the hopes of receiving it back with sizable interest.\n\nInvesting involves uncontrollable factors and therefore increases our risk. Good investors minimize risk while simultaneously maximizing their reward. Perpetually looming over any financial decision is the chance of fiscal disaster. Commonsense would dictate that the best way to overcome financial failure is to mitigate risk as best we can by making smart financial decisions. What has constituted as smart financial advice for centuries has been to work hard at a job and deposit those funds into the bank for safe keeping.\n\nEven if you could remove all risk of physically losing your money, it is still very far from being safe. Money is killing itself. Quantitative easing is the process by which governments are able to print large quantities of unbacked measurements of financial equity. Money is losing its value every year at the rate of 2 percent. It is important to note that some websites such as Shadowstats suggest a 10 percent inflation rate. Why is money losing its value? Because as more money is printed, it becomes less rare thus lowering its value. Meaning that in the long run if you are not making more than two percent on the money you have in savings, that money is rapidly becoming less valuable. This is why many people choose to invest in precious metals, real estate, or stocks. Countering inflation has become a daunting problem with little to no tangible solution. That is, until now.\n\nVerging on mainstream adoption this year, is a cutting-edge noninflationary systematized technology known as Blockchain. Blockchain has arrived on the scene as an imperfect solution to the perfect problem. Inflation. Only imperfect because of it’s infancy, as blockchain develops we can expect to see incredible changes in the private, political, and financial arenas. What is blockchain? Blockchain is a  trustless distributed record of ownership. Every transaction that occurs on the blockchain is value that can be recorded and then publicly viewed by anyone using the blockchain. Meaning that no money can be double spent, and all transactions and users of the technology can be kept accountable. Bitcoin is a cryptocurrency that uses blockchain, to send and receive money directly from one individual to another. This is called a peer to peer transaction. Removing forever the need for banks to legitimize a transaction. As it stands now, banks are required as the necessary middleman that deems a transaction from one party to another as authorized. In other words, an existing centralized system will soon merge and or clash with a new decentralized system in the next three to five years.\n\nSince there will only ever be 21 million Bitcoins, inflation is nonexistent because of an unwavering total supply of coins. How is a Bitcoin made? It can be created through mining. Mining can be defined rather simplistically. Renting out computer processing power to solve algorithms on the blockchain network. A more complex definition would be an option for any end users to use their own computer to secure the network by competing in time to solve mathematical algorithms known as blocks with open source software. In other words, blockchain needs computer processing power to keep its decentralized ledger balanced, and running smoothly. That processing power is provided through “miners” people who rent out their computer processing power to solve algorithms known as blocks. The first miner to solve the next block and link it to all previous blocks will be rewarded with Bitcoin. So for example, if you wanted to mine a cryptocurrency the first step would be to download software that harnesses the processing power of your mining machine. Which for the example we will say is a laptop with a GPU. Short for Graphics Processing Unit. Your laptop will then run that software and harness the power of your laptop’s GPU to solve algorithms on the blockchain ledger.\n\nWhat does this mean for you? Absolutely nothing, for the time being. Bitcoin and it’s blockchain technology are currently not effecting your daily life in a positive or negative way. Which means your opinion on them could be rather indifferent. That’s perfectly OK. All anyone can ask of you is to at least be sentient of this new technology. Some would say that we are witnessing the greatest financial revolution of our lifetimes and becoming well informed on this subject could change your opinion from that of indifference to that of intrigue and perhaps even cautious curiosity.",
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