#46
|
|||
|
|||
Engineers design and build things. At least the type of "engineer" we're talking about here; I don't think a train engineer builds his own locomotive. I always differentiated hardware engineers from software engineers; I'm the latter. But we still build very complicated (virtual) things that have to be designed appropriately for the task.
Which does remind me of the old joke: if engineers constructed buildings the way programmers make software, a single woodpecker could destroy civilization. We call the people who run a studio or do live sound reinforcement audio engineers. They "design and build" systems for creating sound. |
#47
|
|||
|
|||
Quote:
So, to get the thread back toward the OP, are those who write the Bitcoin environment (i.e. block chains, the cryptography, etc.) software engineers or programmers? Tony
__________________
“The guitar is a wonderful thing which is understood by few.” — Franz Schubert "Alexa, where's my stuff?" - Anxiously waiting... |
#48
|
||||
|
||||
Both. Engineers tend to design and architect the system, while programmers tend to write the code which makes those plans run.
|
#49
|
|||
|
|||
Sometimes they are the same person. But I do often (too often!) see software that was clearly just "coded" and not actually designed and architected. IMO there's a big difference, and an actual software engineer will make a far better application. Blockchain had to be engineered, but you can probably write some pretty sloppy code around it.
|
#50
|
|||
|
|||
Quote:
Tony
__________________
“The guitar is a wonderful thing which is understood by few.” — Franz Schubert "Alexa, where's my stuff?" - Anxiously waiting... |
#51
|
||||
|
||||
My Shiba is currently worth half what I paid for it several months ago. No big deal if it disappears altogether, it came from free money (a meager profit pulled from Bitcoin on a good week).
Thus, 7,500,000 shares of Shiba is merely entertainment for me watch and read articles about what (maybe) to expect next. Seems if things ever go crazy and it magically shoots up to a dollar a share, my shares will be worth $7.5 million bucks! Even a dime a share would net me $750,000 - still nothing to snarf at. So I'll ride that wispy (free) fantasy out to the end no matter what happens. As long as we're dreaming, let's say it goes to "just" a penny a share ($75,000, which would also be great). But aside from pulling US dollars back into my debit account, I'm abjectly naive about how to use/spend crypto. And what if things really go sideways? Even just for a day? Would I be able to use a laptop or cell phone to make a transaction? For anything? What if the power is out? For that dire scenario, I've seen folks recommend investing in good old-fashioned gold. But with one ounce supposedly worth $1800 right this second, is a one-ounce gold coin something I want to fork over for 10 gallons of petrol (battery-pumped by thugs - allegiance unspecified - in charge of the looted local ARCO), and a cup of coffee? I think not. Perhaps one-ounce silver rounds might prove to be a more versatile, negotiable tender du jour than crypto or gold? Just sayin'. Last edited by tinnitus; 05-19-2022 at 11:15 PM. |
#52
|
|||
|
|||
Quote:
Reading the first part of your post reminds me of the one time that I bought into a group of folks at work buying a batch of lottery tickets. This was way back when a $40 million prize was a huge deal. The fun part was listening to some of these folks speculating on what they would do with the winnings, how it would change their lives for the better. It was a fun social activity, though we didn't win. As I recall the cost of that little venture was $5 per person and the organizer made photocopies of the purchased lottery tickets for all who bought in. There were probably 8 or 10 of us at most. Tony
__________________
“The guitar is a wonderful thing which is understood by few.” — Franz Schubert "Alexa, where's my stuff?" - Anxiously waiting... |
#53
|
||||
|
||||
From my admittedly feeble understanding of cryptocurrencies, I say they are to traditional currency, as fantasy leagues are to major league sports. They take a complex, highly regulated system, and create an easily manipulatable, relatively unregulated alternative to support massive profit-taking by a select few.
__________________
Dave F ************* Martins Guilds Gibsons A few others 2020 macbook pro i5 8GB Scarlett 18i20 Reaper 7 |
#54
|
||||
|
||||
Quote:
Last edited by tinnitus; 05-20-2022 at 11:00 AM. |
#55
|
|||
|
|||
Quote:
Tony
__________________
“The guitar is a wonderful thing which is understood by few.” — Franz Schubert "Alexa, where's my stuff?" - Anxiously waiting... |