Replies to post #88594 on Santo Mining Corp (SANP)

[Toasterbangbang]

This "Crypto is ded" Meme is hilarious.

Cryptocurrency or fintech (Financial Technology) is really just beginning. Currently there is a technology war going on to see which technology will be the King. This is a protocol war, consider VHS vs Betamax or DVD vs BluRay. How this relates to santo, and why the growship containers actually makes sense, is that the development of the mining operations is what will bring profit to the large scale investors.

Bitcoin is "down" to sub 10k and may even go to 4k in the nearterm future, however over a 2 years it has outperformed any securities.

Regarding mining operations...

At 14cents a kilowatt hour, two of my antminer s9s make 300 dollars a month. This is even at historically high network difficulty levels. If Frankie and Ling create a partnership in which they develop mining nodes around the US based upon shipping container based mining, this would revolutionize the current mining industry which develops large scale investment into static operations. Don't like the electricity prices? Hook up your operation to a semi and drive it somewhere else.. Growpods are designed to dissipate and manage heat which is the huge byproduct of miners.... Oh and wait... you can grow stuff with heat....

If santo pulls this off its big.. real big

[bLuEriDGerunnER]

Hmmm, head scratcher here....Yes bitcoin would be gone, but...how's your cold hard cash going to be spent when the systems been obliterated by the apocalypse and survivors are rebuilding/trying to stay alive through the nuclear winter? You going to spend it at mcdonalds? Walmart? Or try to trade with it?

[SteveWin]

You totally misunderstand the "crypto" in "cryptocurrency". Have you actually looked at any part of the Bitcoin blockchain ledger? I have, and you can too - it's totally visible to everyone. (That's part of how it works..)

Wanna know what I did NOT see, anywhere in the ledger? Names. There are no names. Nobody knows WHO holds these credits. Government can't track you there. The way it works is that the credits are held by a number. That number is like a "lock". It's owner holds another number, which is like a private, secret key. To claim/spend your credits, your key is used to create a third number, which proves that you hold the secret key which opens your lock. Yes, anyone could generate random keys and try them out on your lock to take your credits, but the number of keys they would have to try is something like... if every grain of sand on Earth, was itself a whole Earth, and every grain of sand on all those Earths had a unique key number printed on it, then your number would be on one of those grains of sand. The chance of anyone trying key numbers at random and hitting on yours, to steal your money, is vanishingly small.

If you keep your key secure, nobody will ever take your credits. The only way Bitcoin is ever stolen, is when people don't hold their own keys, but instead sign up with trading sites which do the key/transaction management for them, but fail to properly secure their servers, allowing hackers to get in and access their lists of user's keys.

Bottom line - used properly, crypto is infinitely more secure than cash, and totally outside gummint control. It is the "industrial revolution" of money. Your cash is an Amish buggy, Bitcoin is a jet engine.

Keep riding your clippety clop buggy if you want.. but the world economy will be zooming overhead, out of reach.