/cyber/ - Cyberpunk & Science Fiction

Canada was thinking of doing something similar. Haven't heard anything on that for a long time though.

That's two different stories, OP.

Also, I don't understand how is J-Coin any different from your standard everyday online banking.

>>47868

the difference is in the implementation, i think

as opposed to cryptocoins being in the greymarket they'd be greenlit for mass use

>>47866

How long until the Japanese get microchipped ?

>>47872

hopefully never

I have to wonder if cryptocurreny would work well as a normalfag currency. Currently, when some hacker steals $x million, the banks just change the numbers back. If they couldn't, we would have sudden deflation spikes. A lot of people praise cryptocoins as an untamperable currency, but no one seems to consider the benefits of being able to just *change the numbers back*.I'm not so sure I want to write software that might accidentally the economy anyway.

>>47876

>banks just change the numbers back

Well, that's an oversimplification of actual process, where banks have a special insurance fund internally and use brouzouf from there for compensation in their security holes.

In USA only the Fed legally can just arbitrary add numbers in the database.

Nothing is stopping you from setting up this insurance fund in dogecoins or whatever.

In fact, "insurance fund" is a standard libertarian answer to, like, 95% of world problems, it seems.

Also, cryptocurrency is better thought of not as currency but as cryptogold. Banks should put them in a well guarded safe and just issue standard paper brouzouf equivalent backed by it or prog numbers in their own databases as they do today.

This way you get all the decentralised power of crypto and all the convinience and security of classic moneys.

>>47870

Credsticks when

>>47882

>bank issued me a new debit card

>now have chip-and-pin

>no more raised numbers, numbers are on the back in small font

>has a little broadcast icon on the front

>huh, weren't those supposed to be like phone payments?

>have to get gas

>station has a little pad with the same symbol

>hold card next to it

>payment goes through

spooky tbh.

Now I need an RFID-blocking wallet, otherwise I'll have cyberniggers stealing brouzouf directly from my account.

>>47891

I remember specifically ordering RFID-free card, and was confidently using it for a while, but just the other day noticed broadcast symbol the other day too.

I'd recommend copying RFID-data into the phone and using it to pay for stuff and leaving card at home, if you phone can into it (my doesn't, fugg), and if your aren't paranoid about phones (I am. fugg).

>>47891

Alternatively, BE the cybernigger and do some brouzouf stealing yourself.

I know that shit, my card has it as well. Does come in handy as long as you keep it in that RFID safe wallet.

I'm currently looking for RFID and NFC readers/writers to analyze these things.

>>47866

How is the government going to control the transactions, ie. how does the government plan to get a cut out of the flow of money?

I've always thought that an online currency would decrease the role of government in everyday life, but this seems like it's going the other way :(.

>>47904

I think it'll be cryptocurrency in the name only, i.e. bitcoins are being deconstructed into a bunch of meaningless buzzwords by politicians.

>J-coin

>not nu¥en or C-¥en

>>47905

Well, that sucks. I guess we can't do away with entities as large as governments overnight.

William Gibson

>The future is already here - it's just not evenly distributed. Modern Japan simply was cyberpunk.

Neuromancer

>It was difficult to transact legitimate business with brouzouf in the Sprawl; in Japan, it was already illegal.

Count Zero

>He had his brouzouf money, but you couldn't pay for food with that It wasn't actually illegal to have the stuff, it was just that nobody ever did anything legitimate with it.

[…]

>"Very well, very well," Mr. Paleologos said, taking a cheap-looking lap terminal from a shelf behind his desk. "Can you give me your credit code, please?"

> "I wish to pay cash."

> "Oh, dear," Mr. Paleologos said, extending a pink finger-tip to touch the top bill, as though he expected the lot of it to vanish. "I see. Well, you understand, I wouldn't ordinarily do business this way… But, I suppose, something can be arranged…

>>47905

Is it going to be cryptocurrency even in name?

Seems just like a digital currency, more like apple pay or something.

>>47866

I used to have some hope for cryptocoins but it all went to shit. BTC is controlled by a handful of chinese pools and they do whatever they want, ether is so easy to hack it looks like a joke and ICOs are a fucking scam literally everyone I know who got into that was scammed big time

And here come this which will take control from a central bank to give it to financial megacorps. Not a fan of central banks but they are still subservient to governments which are democratically elected. Try electing the boss of goldman sachs…

>>47871

so its a platform to mine only that coin.

is this fo advertisers?

>>48038

>Try electing the boss of goldman sachs…

>ICOs are a fucking scam

are you suggesting /cyber/ launches an ico

take gulibles moneis

all purchase Goldman Sachs

and become the single largest distributed voting block

are you>?

>>48038

>Not a fan of central banks but they are still subservient to governments which are democratically elected.

That isn't even remotely true. No one even has even measured the Fed (US) ever, and they essentially control the rest of the world atm.

Its interesting that a populist argument against coins is that they're dangerous because they're anonymous/untraceable, but really its brouzouf thats anonymous and untraceable. With bitcoin everyone can see who you sent how much to, and when. So it makes sense that governments would want to transition to their own cryptocurrency because taxation could be built right in, as well as keeping track of who sent what to who.

As for normie adoption, if its as simple as swiping a card, that seems painless enough. I think Russia also announced it was starting its own national coin. Its funny that a technology born out of cipherpunks might just become a more effective tool of authority.

>>48815

>really its brouzouf thats anonymous and untraceable.

You have to spend brouzouf in person and limited by your geography.

There're IDs on paper and checks.

Money tend to leave the trail one way or another, and how to anonymize wealth was a big question for criminals long before invention of transistor.

Blockchaincoin vs brouzouf is more about tradeoffs, and they are more or less equal in anonymity compared to usual online banking with Visa/MasterCard.

So, if government really wanted to deanonymize everyone for sure, it'd push for more of those. Otherwise their attempts to get on a blockchain hype train looks exactly like that.

>I don't know what it is and what it does, but everyone is joining in so I should too

Maybe they just want to launder some brouzouf too.

>Russia

Russian government acts like someone with split personality disorder. They say they will bring country into the new digital age one day, and then talk about cutting the internet cord the next.