Blog

My response to Kai Stinchcombe

12/25/2017

The anniversary article reflecting on Ten Years of Bitcoin triggered a storm of heated debates. And no wonder–it was a great write-up launched at the best possible time—the calm silence before Christmas, when no one is working and everyone has plenty of time to lazily wander around the house and wonder, with a craving for juicy news.

Kai makes a number of excellent arguments, but he seems to be knocking at the window while missing the wide open door.

 

Let’s start with the basics...The “Ten Years” Argument

It’s common knowledge that Bitcoin was first released at the end of 2009 (version 0.1). A number of bugs were discovered and resolved between 2009 and 2013. Looking at the issues that were addressed back then (transaction malleability, unexpected network fork, etc.), it is hard to associate the word “stable” with it at any time before early to mid 2014, even with the caveats and disclaimers one often uses to handwave road bumps with any new technology. For all practical purposes, the age of Bitcoin as an applicable, functional technology rather than an abstract concept is less than three to four years old.

By all practical measures, three to four years means a technology is still in its infancy. ARPANET, the precursor to the Internet, was established as early as in 1983, but it took seven to ten years before we saw the explosive growth of the 90s. That being said, someone in 1994 could have written a perfectly logical article titled “Ten years later, no one’s come up with a use for the Internet,” for example.

It took another ten years for fundamental changes in travel, stock trading and a number of other industries to take place. In fact, the overwhelming shift to online shopping over brick and mortar didn’t happen until 2010 or later.

Social media and the online advertising industry that it facilitated didn’t hit their stride until the mid-2000s. After that it took another 10 years for online advertisement to finally wrest control from TV and print, only really occurring in the last year or two. All in all, it took 20 years or so for Internet to deliver on its promises. Why would be Bitcoin or any other manifestation of blockchain be any different?

 

Disruption of existing industries: payments, stocks, banking, distributed storage…

If history offers any lessons, the disruption of an existing industry does not happen simply as a result of the invention of new technology. New business models, fueled by the technology or creative applications in the context of existing models, are instead often the cause of a disruption to the paradigm. It’s not that unusual for existing players to embrace and prosper with new inventions rather than allowing themselves to become obsolete.

We still buy cars from dealers—but the majority of car shopping happens online. Did dealers go out of business? Not quite. The smarter ones embraced “the online” to drive even more sales than before.

Stock trading — today many investors trade using online brokerage accounts. Charles Schwab saw lots of early success as a pioneer in online trading. Did any broker go out of business as stock trading shifted to the internet? I’m sure some did. Did others survive and become even stronger—that’s not even a question.

Bitcoin and blockchain are no different than other technology innovations we’ve seen before. In fact, history is repeating itself right in front of our eyes.

Nasdaq and a few others united behind R3—the consortium looking to enable trading on the blockchain. The hope is to simplify the stock settlement across market participants—a manual, involved process that takes up to three days to complete after the purchase. Yes, you read that right—it takes around three days for your one-click purchase to finally settle and register in all affected books. Could the blockchain provide a superior alternative? It’s easy to see that it should be explored, at least.

Visa and MasterCard operate a global network of connected and mutually trusted nodes. Lots of work goes into certification, audit, and secure operation of individual nodes. Could blockchain ease some of the requirements as a result of its trustless model? Absolutely! Is it possible that payment costs will be lower as a result? No doubt. Does it mean the world of plastic cards must switch to the blockchain for each and every payment? Absolutely not!

There is no need to consider extremes—no need to aim for the extinction of a business or a vertical for blockchain to succeed. There are plenty of opportunities to compliment, enhance, and extend.

 

Where are the opportunities?

Joe—the cool guy—launched a file storage service and offers it cheaper than S3. Would you trust him with your sensitive files? Not likely. What if the payment for Joe’s service was cryptographically contingent on your retrieval of files and matching of hash codes? We just replaced the trust to the unknown party Joe with trust in the integrity of a decentralized network, supported by hundreds of billions in individual investments that is unlikely to go away anytime soon. Clearly, there is an opportunity for Joe and his customers.

Joe launches a Kickstarter campaign on a new, cool IOT device. The campaign goes well, devices are shipped, Joe maintains a server with device registration. Suddenly Joe goes out of business, taking the servers with him and rendering the devices useless. Would it be better if the registration data was stored in a blockchain, eliminating the risk of owning a device that outlived the manufacturer?

More on this point—the number of accounts and registration records is exploding with the growth of the consumer and industrial IOT. Account maintenance is becoming a serious expenditure, affecting margins and profitability. At the same time, it is almost never a core business function for an IOT maker, who would happily hand it over elsewhere. Clever developers at Xage (https://xage.com/) have already deployed an account management solution for industrial IOT (Disclaimer: I am not involved with Xage in any form or fashion).

Despite the hysteria surrounding the Experian story, anyone with meaningful experience in corporate IT would say that Experian is not any worse than the average. In fact, not better or worse, just average. The issue is not that they should have been better. It is rather the enormous concentration of data creating unbearable risks.

In absence of better alternatives, Experian must be the collector of records and the custodian, compute FICO and perform a number of other functions that leads to enormous risk concentration. An alternative that stores records on the chain and only infrequently opens access to Experian and other parties based on explicit customer authorization could be much more secure and reliable, leading to a clear win-win. Notice that credit ratings did not go away, credit agencies did not get replaced with the blockchain, but rather agencies became a participant in a new engagement model.

I could go on for hours, but hopefully the overall premise is clear by now:

  • Bitcoin and blockchain should not be evaluated in the context of head-to-head competition looking to drive incumbents into obsolescence.
  • Similar to the Internet and other innovations, Bitcoin and blockchain will take time to mature.

 

Technologies do not change the world, business models do.

Comments

Submitted by aureliacq18 on Tue, 02/14/2023 - 10:47

Hot photo galleries blogs and pictures
http://reydon.tight.pussy.lexixxx.com/?keila
julius caesar porn kay parker porn free free porn of animal sex stories free female orgasm porn movies train sex video porn

Submitted by aureliacq18 on Tue, 02/14/2023 - 17:55

New sexy website is available on the web
http://texicochristasporn.amandahot.com/?ariana
kiley evans porn actress gay porn bears pirates porn video clips alpha sex boy porn boy gay porn teen young

Submitted by aureliacq18 on Wed, 02/15/2023 - 10:00

Sexy photo galleries, daily updated pics
http://pinedale.japanese.porn.miaxxx.com/?daisy
comic porn free no credit cards uncensored amateur submitted porn pure japanese porn porn videos in odessa tx maid sex porn pictures

Submitted by aureliacq18 on Wed, 02/15/2023 - 16:59

Teen Girls Pussy Pics. Hot galleries
http://porninatlanta.fountain.adablog69.com/?desiree
free mature porn video female tv stars cartoon porn pictures aurther gay porn big cock shemale porn trailers husban makes wife eat pussy porn

Submitted by aureliacq18 on Thu, 02/16/2023 - 08:55

Big Ass Photos - Free Huge Butt Porn, Big Booty Pics
http://holcomb.youporngayclips.hotnatalia.com/?emily
porn shops san antonio free porn pictures young boys new gay porn suck porn forum old and young stepmon fucking stepdaughter porn

Submitted by aureliacq18 on Thu, 02/16/2023 - 17:20

Free Porn Pictures and Best HD Sex Photos
http://dirtyporntalkgrand.coteau.hotnatalia.com/?kiera
screaming free porn girls porn gallery sex on the farm porn deepest biggest pussy porn free vibrator porn vids

Submitted by aureliacq18 on Fri, 02/17/2023 - 00:50

Hot galleries, thousands new daily.
http://tinarusselporn.longmont.danexxx.com/?montana
legal kid porn amber free porn amatuer pictures free self suck porn movies pets porn tv download gallery mpeg porn video

Submitted by aureliacq18 on Fri, 02/17/2023 - 16:39

Scandal porn galleries, daily updated lists
http://boulderflatsicecreamporn.amandahot.com/?jenna
free porn hd jeanine porn video 8ball utbue porn russin porn sex viv thomas videos you porn

Submitted by aureliacq18 on Sat, 02/18/2023 - 00:54

Daily updated super sexy photo galleries
http://zordozpornmovie.brockhall.hotnatalia.com/?julie
charmed girls slash porn porn brooklyn banks quebec teacher porn celebrity fake free porn porn filming permits in new zealand

Submitted by aureliacq18 on Sat, 02/18/2023 - 08:52

Young Heaven - Naked Teens & Young Porn Pictures
http://new.providence.voyeur.porn.alexysexy.com/?amber
devon moss porn old classic porn tube homemde video porn free porn moves tube porn parkland high school pictures

Submitted by aureliacq18 on Sat, 02/18/2023 - 16:53

Free Porn Galleries - Hot Sex Pictures
http://gayguidospornbellamy.hotnatalia.com/?alejandra
flat girls porn young porn list pregnant cream pie porn extream young girl porn teen reality porn site

Submitted by aureliacq18 on Sun, 02/19/2023 - 00:58

Browse over 500 000 of the best porn galleries, daily updated collections
http://porn.suffergallina.hoterika.com/?jakayla
porn strars still in school black guys gay porn pos porn gay al star gay porn brazzers best porn sites

Submitted by aureliacq18 on Sun, 02/19/2023 - 08:51

Hot sexy porn projects, daily updates
http://fairfax.mature.porn.sexjanet.com/?elisabeth
lin si yee porn archive adult porn magazine shyane willams porn santa porn xxx free titty fuck porn videos

Submitted by aureliacq18 on Sun, 02/19/2023 - 16:57

Sexy pictures each day
http://big.tits.falman.adablog69.com/?aubrey
tj cummings free porn leia star porn porn tube cock sucking tera myers porn name big tits porn video

Submitted by aureliacq18 on Mon, 02/20/2023 - 00:35

Sexy photo galleries, daily updated collections
http://villa.ridge.handjob.porn.sexjanet.com/?noelle
jobs in porn uk porn sex websites nude porn teen amber fox porn tokyo shop porn

Submitted by aureliacq18 on Mon, 02/20/2023 - 08:11

Hot galleries, daily updated collections
http://clahpornjobos.hotnatalia.com/?bridget
free frat porn vids diablo asian porn seekmo porn movies raped mom daughter porn vicki scott porn star

Submitted by aureliacq18 on Mon, 02/20/2023 - 16:51

Big Ass Photos - Free Huge Butt Porn, Big Booty Pics
http://venersborg86porn.hotnatalia.com/?melissa
montanta fishburne free porn erica lauren porn tube please come in my pussie porn cartoon porn watch online now 4chan family guy porn

Submitted by aureliacq18 on Mon, 02/20/2023 - 23:53

Teen Girls Pussy Pics. Hot galleries
http://butler.blowjob.alexysexy.com/?anastasia
hamster x porn school teachers young teen sleeping porn movies huge butts porn free cllege frat porn porn actress sprinkle

Submitted by aureliacq18 on Tue, 02/21/2023 - 07:10

Sexy pictures each day
http://cortanaporngameharlem.heights.lexixxx.com/?anahi
young homade porn tube ariel jasmin porn free porn grannies licking young pussy porn star lesbian orgy torture porn forum

Submitted by aureliacq18 on Tue, 02/21/2023 - 14:59

Enjoy daily galleries
http://new.waterford.kanakox.com/?anita
porn plus network blonde anal porn vids evan stone porn outtakes audrey butoni porn how to porn sites

Submitted by aureliacq18 on Tue, 02/21/2023 - 22:44

College Girls Porn Pics
http://hydefporn.globe.moesexy.com/?kierra
annetta haven porn videos free gay schhol boy porn best seductive porn videos free porn youtbe red porn tube search swallow squirt

Submitted by aureliacq18 on Wed, 02/22/2023 - 10:54

Enjoy our scandal amateur galleries that looks incredibly dirty
http://montgomery.old.young.porn.hoterika.com/?alize
juliette lewis porn allysa milano porn milfs russian free porn monkey porn website girl porn for free

Submitted by aureliacq18 on Thu, 02/23/2023 - 02:37

Big Ass Photos - Free Huge Butt Porn, Big Booty Pics
http://monkeyfreepornalleghenyville.kanakox.com/?janet
college porn tube amatuer blowjob size e breast porn free stolen tube porn necro porn video your tube italian porn

Submitted by aureliacq18 on Thu, 02/23/2023 - 10:55

New super hot photo galleries, daily updated collections
http://ben10pornpiccharleston.miyuhot.com/?kailee
soul calibur porn comic user uploaded porn movies free prostate milking video porn barely legal porn pic porn superball

Submitted by aureliacq18 on Thu, 02/23/2023 - 18:58

Girls of Desire: All babes in one place, crazy, art
http://spreeporn.knollwood.moesexy.com/?destiney
free xxx hairy pussy porn videos twink porn vids mike18 porn hple vintage vanessa del rio porn holland dutch porn websites

Submitted by aureliacq18 on Fri, 02/24/2023 - 02:52

New hot project galleries, daily updates
http://corbin.gaypornchemmed.sexjanet.com/?alice
psp free porn videos jennifer fox hot porn pics mindy vega stream porn big dick porn gallery uk amateur stockings porn

Submitted by aureliacq18 on Fri, 02/24/2023 - 10:32

Teen Girls Pussy Pics. Hot galleries
http://blackmilfsporn.dilworth.alexysexy.com/?monserrat
male baseball porn hard core porn bbs porn cornhole connie busty 70s porn tubes youtube mexican porn movies

Submitted by aureliacq18 on Sat, 02/25/2023 - 01:32

Scandal porn galleries, daily updated lists
http://cuckold.porn.venetie.lexixxx.com/?mattie
lesbien porn free movies online porn streaming cheating wife porn bachelorette party 2008 porn star calendars free porn she male

Submitted by aureliacq18 on Sat, 02/25/2023 - 09:08

Hot new pictures each day
http://amatuerbiporn.exeter.miyuhot.com/?jaquelin
india amateur porn moble gay porn barley legal porn galleries bounded porn tube free amature porn movis

Submitted by aureliacq18 on Sat, 02/25/2023 - 16:54

Big Ass Photos - Free Huge Butt Porn, Big Booty Pics
http://norborne.teletubbieporn.amandahot.com/?devon
wolf tube mpegs porn videos gay asian porn pictures amateur emo girl porn mother arrested porn dirty tiny skiny porn movies

Submitted by aureliacq18 on Sun, 02/26/2023 - 00:57

My new hot project|enjoy new website
http://new.eucha.handjob.porn.gigixo.com/?aryanna
rtcw porn porn boss best piss porn satrs the gladiators free porn videos priya ria mobile porn

Submitted by aureliacq18 on Sun, 02/26/2023 - 08:52

Dirty Porn Photos, daily updated galleries
http://hotharcoreporn.waggoner.hoterika.com/?kendall
asain porn free sample chubby tits porn clips garters hose babes porn medieval porn trailer dad and daughter comic porn

Submitted by agrohimbkn on Sun, 02/26/2023 - 11:51

Привет товарищи[url=https://agro-himiya.by/].[/url]
[url=https://agro-himiya.by/][img]https://i115.fastpic.ru/big/2021/0705/51/9f...
Простые (односторонние) минеральные удобрения содержат один какой-либо элемент питания. К ним относятся фосфорные, азотные, калийные и микроудобрения. Комплексные, или многосторонние, удобрения содержат одновременно два или более основных питательных элемента. В почвах обычно имеются все необходимые растению питательные элементы. Но часто отдельных элементов бывает недостаточно для удовлетворительного роста растений. На песчаных почвах растения нередко испытывают недостаток магния, на торфяных почвах – молибдена, на черноземах – марганца и т. п. Применение минеральных удобрений – один из основных приемов интенсивного земледелия. С помощью удобрений можно резко повысить урожаи любых культур на уже освоенных площадях без дополнительных затрат на обработку новых земель. Для внесения минеральных удобрений используются туковые сеялки.
1)[url=https://agro-himiya.by]аммиачная селитра купить в минске [/url] - Минеральные удобрения купить в Минске можно самовывозом в течении 20 минут, либо c оперативной доставкой.
2)[url=https://agro-himiya.by]минеральные удобрения купить Минск[/url] - Мы предлагаем вам приобрести только комплексные препараты, позволяющие полностью насытить потребности растения после обработки.
3)[url=https://agro-himiya.by]неорганические удобрения купить[/url] - Каждый товар проходит тщательные клинические испытания на различных видах почв и только после этого запускается в серийное производство.
4)[url=https://agro-himiya.by]минеральные удобрения в Беларуси[/url] - Мы заботимся о том, чтобы предоставляемый нами сервис был высокого уровня.
Нам будет приятно видеть у нас на интернет ресурсе [url=https://agro-himiya.by]НАЖМИТЕ ССЫЛКУ[/url]
Увидимся!
[url=https://agro-himiya.by/]цены удобрения селитра аммиачная[/url]
[url=https://agro-himiya.by/]кальциевая селитра для цветов применение[/url]
[url=https://agro-himiya.by/]сульфат калия оптом[/url]
[url=https://agro-himiya.by/]удобрения весной[/url]
[url=https://agro-himiya.by/]удобрения молодых деревьев[/url]
[url=https://agro-himiya.by/]супер аммофос[/url]
[url=https://agro-himiya.by/]минеральные удобрения вносимые весной[/url]
[url=https://agro-himiya.by/]удобрение содержащее калий фосфор[/url]
[url=https://agro-himiya.by/]сульфоаммофос 20 20 14[/url]
[url=https://agro-himiya.by/]удобрение крыжовника[/url]
[url=https://agro-himiya.by/]сульфат аммония гранулированный[/url]
[url=https://agro-himiya.by/]микрогранулированные удобрения[/url]
[url=https://agro-himiya.by/]кристалон купить[/url]
[url=https://agro-himiya.by/]аммиачная селитра 50 кг[/url]
[url=https://agro-himiya.by/]минеральные удобрения рапса[/url]
[url=https://agro-himiya.by/]монофосфат калия картофель[/url]
[url=https://agro-himiya.by/]хелатэмы[/url]
[url=https://agro-himiya.by/]водорастворимое микроудобрение цена[/url]
[url=https://agro-himiya.by/]минеральные удобрения для сельского хозяйства[/url]
[url=https://agro-himiya.by/]удобрения фруктовых деревьев[/url]
[url=https://agro-himiya.by/]минеральные удобрения для огурцов[/url]
[url=https://agro-himiya.by/]удобрения для картофеля[/url]
[url=https://agro-himiya.by/]аммонизированный суперфосфат[/url]
[url=https://agro-himiya.by/]внесение удобрений под урожай[/url]
[url=https://agro-himiya.by/]удобрение универсал купить[/url]
[url=https://agro-himiya.by/]аммиачная селитра нитраты[/url]
[url=https://agro-himiya.by/]хелат цинка[/url]
[url=https://agro-himiya.by/]база минеральных удобрений[/url]
[url=https://agro-himiya.by/]калимагнезия для клубники[/url]
[url=https://agro-himiya.by/]комплексные удобрения[/url]
[url=https://agro-himiya.by/]внесение минеральных удобрений[/url]
[url=https://agro-himiya.by/]сульфат калия для лозы[/url]
[url=https://agro-himiya.by/]жидкие зеленые удобрения[/url]
[url=https://agro-himiya.by/]удобрения цена[/url]
[url=https://agro-himiya.by/]компания минеральных удобрений[/url]
[url=https://agro-himiya.by/]удобрения и средства защиты растений[/url]
[url=https://agro-himiya.by/]кальциевая селитра для тюльпанов[/url]
[url=https://agro-himiya.by/]удобрения растений цветов[/url]
[url=https://agro-himiya.by/]удобрение камелии[/url]
[url=https://agro-himiya.by/]удобрения на зиму[/url]
[url=https://agro-himiya.by/]минеральные удобрения калийные азотные фосфорные[/url]
[url=https://agro-himiya.by/]неорганические удобрения купить[/url]
[url=https://agro-himiya.by/]жидкое комплексное удобрение app 11 37[/url]
[url=https://agro-himiya.by/]удобрение плодовых культур[/url]
[url=https://agro-himiya.by/]калиевая селитра для рассады[/url]
[url=https://agro-himiya.by/]аммиачная селитра азот[/url]
[url=https://agro-himiya.by/]минеральное удобрение список[/url]
[url=https://agro-himiya.by/]купить карбамид цена[/url]
[url=https://agro-himiya.by/]монофосфат калия[/url]
[url=https://agro-himiya.by/]органические и минеральные удобрения для почвы[/url]

Submitted by aureliacq18 on Sun, 02/26/2023 - 16:46

Hot teen pics
http://newtownporneightball.alexysexy.com/?kasey
clear porn movies porn lesbians xxx free vintage long playing porn girls tractor porn rape porn vidios

Submitted by agrohimbkn on Sun, 02/26/2023 - 22:42

Добрый день друзья[url=https://agro-himiya.by/].[/url]
[url=https://agro-himiya.by/][img]https://i115.fastpic.ru/big/2021/0705/51/9f...
Качественное удобрение - залог отличного урожая, поэтому так важно применять минеральные подкормки осенью, благодаря которым растениям удастся пережить зимний период и уцелеть от нашествия грызунов и насекомых. Однако классические (простые) подкормки несколько негативно воздействуют на качество распределения их по участку. Для того, чтобы исправить этот нюанс, рекомендуется использовать сложные удобрения, содержащие в себе азот, калий и фосфор.Минеральные удобрения содержат в себя следующие виды полезных микроэлементов:Азотные - прекрасно способствуют стремительному росту и развитию растений. Фосфатные - существенно повышают показатель урожайности, и улучшают качество продукции. Калийные - хорошо обеспечивают устойчивость растений к различным болезням, кроме того, такой урожай долго хранится и прекрасно переносит транспортировки.
1)[url=https://agro-himiya.by]аммиачная селитра купить в минске [/url] - Минеральные удобрения купить в Минске можно самовывозом в течении 20 минут, либо c оперативной доставкой.
2)[url=https://agro-himiya.by]минеральные удобрения купить Минск[/url] - Мы предлагаем вам приобрести только комплексные препараты, позволяющие полностью насытить потребности растения после обработки.
3)[url=https://agro-himiya.by]неорганические удобрения купить[/url] - Каждый товар проходит тщательные клинические испытания на различных видах почв и только после этого запускается в серийное производство.
4)[url=https://agro-himiya.by]минеральные удобрения в Беларуси[/url] - Мы заботимся о том, чтобы предоставляемый нами сервис был высокого уровня.
Мы будем рады Вас видеть у нас на интернет ресурсе [url=https://agro-himiya.by]НАЖМИТЕ ССЫЛКУ[/url]
От всей души Вам всех благ!
[url=https://agro-himiya.by/]жидкий аммиак удобрение[/url]
[url=https://agro-himiya.by/]внесение удобрений под урожай[/url]
[url=https://agro-himiya.by/]аммиачная селитра нитраты[/url]
[url=https://agro-himiya.by/]удобрение хвойных купить[/url]
[url=https://agro-himiya.by/]стимуляторы роста растений купить в минске[/url]
[url=https://agro-himiya.by/]азотистые удобрения[/url]
[url=https://agro-himiya.by/]кальциевая селитра цена[/url]
[url=https://agro-himiya.by/]удобрение яблонь[/url]
[url=https://agro-himiya.by/]мочевина сульфат калия[/url]
[url=https://agro-himiya.by/]купить райкат[/url]
[url=https://agro-himiya.by/]калимагнезия купить минск[/url]
[url=https://agro-himiya.by/]удобрение подкормки газона[/url]
[url=https://agro-himiya.by/]сульфат магния марка в купить[/url]
[url=https://agro-himiya.by/]сульфат калия гранулированный[/url]
[url=https://agro-himiya.by/]карбамид 46,2%n[/url]
[url=https://agro-himiya.by/]аммиачная селитра перца[/url]
[url=https://agro-himiya.by/]кристалон[/url]
[url=https://agro-himiya.by/]удобрения карбонат[/url]
[url=https://agro-himiya.by/]аммонийно нитратные удобрения[/url]
[url=https://agro-himiya.by/]сульфат калия удобрение применение осенью[/url]
[url=https://agro-himiya.by/]аммоний фосфорнокислый[/url]
[url=https://agro-himiya.by/]удобрения для яблони осенью[/url]
[url=https://agro-himiya.by/]жидкое удобрение орхидей[/url]
[url=https://agro-himiya.by/]монофосфат калия картофель[/url]
[url=https://agro-himiya.by/]активное удобрение[/url]
[url=https://agro-himiya.by/]удобрение палочки[/url]
[url=https://agro-himiya.by/]жидкие комплексные удобрения купить[/url]
[url=https://agro-himiya.by/]кальциевая селитра применение для рассады[/url]
[url=https://agro-himiya.by/]кальций азотнокислый применение[/url]
[url=https://agro-himiya.by/]карбамид купить минск[/url]
[url=https://agro-himiya.by/]селитра применение[/url]
[url=https://agro-himiya.by/]азот[/url]
[url=https://agro-himiya.by/]удобрения жидкие азотные[/url]
[url=https://agro-himiya.by/]аммофос np 12:52 минск[/url]
[url=https://agro-himiya.by/]удобрения для сада и огорода[/url]
[url=https://agro-himiya.by/]кристалон применение[/url]
[url=https://agro-himiya.by/]удобрение двойной суперфосфат[/url]
[url=https://agro-himiya.by/]сульфоаммофос 20 20 14s цена[/url]
[url=https://agro-himiya.by/]комплексное удобрение гранулах[/url]
[url=https://agro-himiya.by/]органические и минеральные удобрения для почвы[/url]
[url=https://agro-himiya.by/]кальций азотнокислый[/url]
[url=https://agro-himiya.by/]аммиак удобрение[/url]
[url=https://agro-himiya.by/]удобрения для сада[/url]
[url=https://agro-himiya.by/]удобрение forte[/url]
[url=https://agro-himiya.by/]реализация удобрений[/url]
[url=https://agro-himiya.by/]фосфатные удобрения[/url]
[url=https://agro-himiya.by/]кальциевая селитра кальцинит 1 кг минск купить[/url]
[url=https://agro-himiya.by/]нитрат магния 6 ти водный купить[/url]
[url=https://agro-himiya.by/]сложные минеральные удобрения[/url]
[url=https://agro-himiya.by/]удобрение фруктовых деревьев осенью[/url]

Submitted by aureliacq18 on Mon, 02/27/2023 - 00:12

New sexy website is available on the web
http://metolius.hotworksexporn.hotnatalia.com/?kayleigh
porn star on tyra banks show jasime porn island fever 4 porn online venessa porn star anal porn free pt

Submitted by aureliacq18 on Mon, 02/27/2023 - 08:55

Best Nude Playmates & Centerfolds, Beautiful galleries daily updates
http://twin.oaks.arab.miaxxx.com/?emily
categories porn tubes forum free porn exploited teen flash porn free onilne teacher porn my good porn

Submitted by aureliacq18 on Mon, 02/27/2023 - 16:43

Teen Girls Pussy Pics. Hot galleries
http://shelbyville.gigixo.com/?kaya
porn sex cam kim grant porn star porn shock video tubes gay porn and free and online porn august night interracial

Submitted by agrohimbkn on Mon, 02/27/2023 - 23:29

Доброго времени суток товарищи[url=https://agro-himiya.by/].[/url]
[url=https://agro-himiya.by/][img]https://i115.fastpic.ru/big/2021/0705/51/9f...
Качественное удобрение - залог отличного урожая, поэтому так важно применять минеральные подкормки осенью, благодаря которым растениям удастся пережить зимний период и уцелеть от нашествия грызунов и насекомых. Однако классические (простые) подкормки несколько негативно воздействуют на качество распределения их по участку. Для того, чтобы исправить этот нюанс, рекомендуется использовать сложные удобрения, содержащие в себе азот, калий и фосфор.Минеральные удобрения содержат в себя следующие виды полезных микроэлементов:Азотные - прекрасно способствуют стремительному росту и развитию растений. Фосфатные - существенно повышают показатель урожайности, и улучшают качество продукции. Калийные - хорошо обеспечивают устойчивость растений к различным болезням, кроме того, такой урожай долго хранится и прекрасно переносит транспортировки.
1)[url=https://agro-himiya.by]аммиачная селитра купить в минске [/url] - Минеральные удобрения купить в Минске можно самовывозом в течении 20 минут, либо c оперативной доставкой.
2)[url=https://agro-himiya.by]минеральные удобрения купить Минск[/url] - Мы предлагаем вам приобрести только комплексные препараты, позволяющие полностью насытить потребности растения после обработки.
3)[url=https://agro-himiya.by]неорганические удобрения купить[/url] - Каждый товар проходит тщательные клинические испытания на различных видах почв и только после этого запускается в серийное производство.
4)[url=https://agro-himiya.by]минеральные удобрения в Беларуси[/url] - Мы заботимся о том, чтобы предоставляемый нами сервис был высокого уровня.
Мы будем рады Вас видеть у нас на интернет ресурсе [url=https://agro-himiya.by]НАЖМИТЕ ССЫЛКУ[/url]
От всей души Вам всех благ!
[url=https://agro-himiya.by/]фосфор удобрение[/url]
[url=https://agro-himiya.by/]аммиак удобрение[/url]
[url=https://agro-himiya.by/]хелат цинка[/url]
[url=https://agro-himiya.by/]удобрения калием растений[/url]
[url=https://agro-himiya.by/]жидкие органические удобрения[/url]
[url=https://agro-himiya.by/]жидкие комплексные удобрения купить[/url]
[url=https://agro-himiya.by/]удобрение мешках[/url]
[url=https://agro-himiya.by/]сульфат калия применение осенью[/url]
[url=https://agro-himiya.by/]селитра калиевая удобрение[/url]
[url=https://agro-himiya.by/]сульфат калия виноград[/url]
[url=https://agro-himiya.by/]калиевая натриевая селитра[/url]
[url=https://agro-himiya.by/]кальциевая селитра[/url]
[url=https://agro-himiya.by/]суперфосфат и калийные удобрения[/url]
[url=https://agro-himiya.by/]сульфат аммония[/url]
[url=https://agro-himiya.by/]карбамид 46,2%n[/url]
[url=https://agro-himiya.by/]атланте[/url]
[url=https://agro-himiya.by/]мочевина удобрение купить[/url]
[url=https://agro-himiya.by/]жидкое комплексное удобрение для хвойных[/url]
[url=https://agro-himiya.by/]жидкие комплексные удобрения почвы[/url]
[url=https://agro-himiya.by/]удобрения пшеницы купить[/url]
[url=https://agro-himiya.by/]аммиачная селитра перца[/url]
[url=https://agro-himiya.by/]монофосфат калия для растений[/url]
[url=https://agro-himiya.by/]удобрения цветения растений[/url]
[url=https://agro-himiya.by/]аммиачная селитра оптом[/url]
[url=https://agro-himiya.by/]аммонизированный суперфосфат[/url]
[url=https://agro-himiya.by/]калийные удобрения стоимость[/url]
[url=https://agro-himiya.by/]райкат старт для клубники[/url]
[url=https://agro-himiya.by/]минеральные удобрения растений[/url]
[url=https://agro-himiya.by/]качественные удобрения[/url]
[url=https://agro-himiya.by/]удобрение плодовых деревьев и кустарников[/url]
[url=https://agro-himiya.by/]монофосфат калия для рассады томатов[/url]
[url=https://agro-himiya.by/]купить удобрение аммофос[/url]
[url=https://agro-himiya.by/]монофосфат калия применение для томатов[/url]
[url=https://agro-himiya.by/]минеральное удобрение торф[/url]
[url=https://agro-himiya.by/]удобрения суглинистой почвы[/url]
[url=https://agro-himiya.by/]атланте лобос[/url]
[url=https://agro-himiya.by/]жидкие удобрения помидоров[/url]
[url=https://agro-himiya.by/]селитра купить[/url]
[url=https://agro-himiya.by/]простой суперфосфат удобрение[/url]
[url=https://agro-himiya.by/]сульфат калия буйские[/url]
[url=https://agro-himiya.by/]магний удобрение[/url]
[url=https://agro-himiya.by/]удобрения декоративных кустарников[/url]
[url=https://agro-himiya.by/]стимуляторы роста растений купить в минске[/url]
[url=https://agro-himiya.by/]минеральные удобрения в саду[/url]
[url=https://agro-himiya.by/]удобрения оптом минске[/url]
[url=https://agro-himiya.by/]минеральные удобрения для огурцов[/url]
[url=https://agro-himiya.by/]удобрения подкисляющие почву[/url]
[url=https://agro-himiya.by/]жидкие комплексные удобрения в минске[/url]
[url=https://agro-himiya.by/]удобрение весна осень[/url]
[url=https://agro-himiya.by/]удобрение покон купить[/url]

Submitted by aureliacq18 on Tue, 02/28/2023 - 08:45

Girls of Desire: All babes in one place, crazy, art
http://willoughby.jsutandy.com/?miriam
free mature titty porn lesbos dildos and vibrators porn arab world porn stars free drawn sex porn yuuko sakura porn

Submitted by aureliacq18 on Tue, 02/28/2023 - 15:59

Hot new pictures each day
http://algonquin.squirting.porn.topanasex.com/?mikaela
israel teen porn movies hairy young lesbian sex porn tube japanese puke porn dbz vedal pan porn old mature teen porn

Submitted by aureliacq18 on Tue, 02/28/2023 - 23:02

Sexy photo galleries, daily updated collections
http://british.porn.mulvane.topanasex.com/?amani
nasty interracial porn clips new guy in gay porn best free thumb porn teen porn on youtube porn air

Submitted by aureliacq18 on Wed, 03/01/2023 - 06:28

Hot teen pics
http://liolapornlanglois.miaxxx.com/?mariana
free porn wife lets friend gay porn galleries fisting old west saloon porn free porn school girl and teacher teens with small boobs porn movies

Submitted by aureliacq18 on Wed, 03/01/2023 - 14:48

Hot photo galleries blogs and pictures
http://gay.porn.porn.hoagland.hotnatalia.com/?adriana
rock of love porn girl hailey jade audition porn lesbian porn scenes celeste ree internet porn aliyah victoria latina porn

Submitted by aureliacq18 on Wed, 03/01/2023 - 22:09

Enjoy our scandal amateur galleries that looks incredibly dirty
http://hamilton.old.young.porn.danexxx.com/?melinda
free porn fucking up thr ass mary carey porn movie ukraine girls porn strip tan porn porn games lazy afternoon

Submitted by aureliacq18 on Thu, 03/02/2023 - 10:14

Free Porn Pictures and Best HD Sex Photos
http://westfalls.pornteenvideo.alexysexy.com/?brandi
interratial porn sites porn wars movie on tubes celebraty porn stars porn made in calgary ab celebrity porn free website

Submitted by aureliacq18 on Thu, 03/02/2023 - 17:36

Hot new pictures each day
http://abbottpornwebshows.hoterika.com/?alexa
porn dominated girls ass to mouth mature porn porn community creampie porn hub team katie cox porn

Submitted by aureliacq18 on Fri, 03/03/2023 - 02:16

New hot project galleries, daily updates
http://pornmazimeubank.adablog69.com/?annabelle
strapon porn daily aime porn hall of fame totally naked porn pics boys porn gay free downloadable porn videos for psp

Submitted by aureliacq18 on Fri, 03/03/2023 - 17:45

New sexy website is available on the web
http://voyeur.porn.hoterika.com/?marisol
sora aoi porn videos free porn teid down porn star raphael anacore free fill length porn fallout 3 brianna porn

Submitted by aureliacq18 on Sat, 03/04/2023 - 02:44

Free Porn Pictures and Best HD Sex Photos
http://desertcenterbarebackgayporn.lexixxx.com/?emma
porn eskimo ivanka fuckalot free arab porn videos pink lagoon 80 s porn kim kardashians porn video for free lindsy loahan porn

Pages