Bitcoin Forum
May 26, 2024, 12:27:13 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 [56] 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 ... 1151 »
1101  Bitcoin / Development & Technical Discussion / Re: implement by myself my own function signing the transaction on: November 04, 2023, 05:28:35 AM
Why even use random? Signing operations haven't used random key for ages, the ephemeral key used in signing is created deterministically that would eliminate all the concerns other users raised. The right way of doing it is using RFC6979 which is also used in Bitcoin in ECDSA. If you don't want to implement that and if your goal for implementing this is just testing stuff then at least use a simple KDF or at least a simple HMAC to derive the ephemeral key using the (message hash + private key).
1102  Economy / Economics / Re: Is energy prices about to shoot up? on: November 03, 2023, 11:06:13 AM
but President Biden's latest statement about a "humanitarian pause" marked a shift in the position of the White House. 
Unfortunately I don't think this statement is indicating the end or any kind of serious ceasefire. The goal of this statement is purely to affect what Hezbollah is going to say and do at 15:00 (local time) today, which is the deadline Hezbollah dictated. I bet the video released as a reminder of how they easily attacked Sa'ar warship back in 2006 had a significant effect.
How much does an aircraft carrier like USS Ford cost? $13 billion + cost of 50-60 aircraft + 4500 personnel? That's enough dissuasion.

After all it all comes down to the costs. US Senate just approved to waste more than $14 billion of taxpayers money on Zionists! That's on top of the billions they are already paying Israel. I already covered the effects on energy market.
I'm sure those in Washington can come up with a much better and more detailed version of what I posted here that covers more than just CENTCOM region. After all United States is at war with the rest of the world, the costs is so much higher that what I can cover inside one post:
The proxy war with Russia, the proxy war with China, the proxy war with Iran, proxy wars in Africa and now an actual armed conflict they are caught in inside a prison called Gaza.

The cost is not only economical. US military is getting the worst of it, specially after yesterday where they sustained largest losses over the past 28 days.

On top of it all we also have Russia advancing in Ukrainian soil because US literally pulled everything back from troops and proxies to weapons they were supposed to use to stop Russian progress!

but boy oh boy if you called any if you called any Israelis terrorists in the US you'd probably be called an anti-semite and so forth,
Yeah.
The absurdity of it is that the 9000+ Palestinians who were murdered by Israel over the past 28 days are Semites too!
1103  Economy / Speculation / Re: BTC Sentiment Poll for November on: November 03, 2023, 06:13:24 AM
I voted for Bull Market but I think we are in the sideways market (no options for that in the poll) at least for now between $30k and $35k which means it is possible we continue seeing this range for the next week or two. The world is just too chaotic right now to speculate anything specially now that US is printing billions more for more wars across the world the combined inflation and recession throws all markets in chaotic mode.
1104  Bitcoin / Development & Technical Discussion / Re: Researcher Claims to Crack RSA-2048 With Quantum Computer on: November 03, 2023, 06:05:47 AM
We all knew this day was coming sooner or later
You mean the day when someone claims they may theoretically crack a cryptography algorithm? That day came thousands of years ago when the concept of cryptography was introduced. Wink
1105  Economy / Economics / Re: Is energy prices about to shoot up? on: November 03, 2023, 05:03:18 AM
I am far from justifying what Hamas did, but crime is not answered by committing even more crimes.
I'm curious whether you think when Ukrainians attack Russian invaders in their own homes they are also committing crimes? If not then why do you think Palestinians attacking Zionist invaders in their own homes is a crime?

without the intervention of some external factors, I do not see that this conflict can last longer than a few months, when Israel will very likely take full control of the Gaza Strip.
Actually without the intervention of United States this conflict would have ended more than 10 days ago. The Zionist regime would have been forced to stop the genocide and release thousands of men, women and children being tortured in their prisons and stop the settlements from expansion. Now the Israeli terrorists have to answer for the 8000+ civilians they've murdered.

The reason I say it would have ended in first days is that internally Israel has been falling apart (it's the 8th decade curse). If you followed the news over the past couple of years you could see how things have been progressing. For example each Zionist "government" could barely last a year before falling apart and being replaced. Or the fact that over the 40+ weeks leading to October 7 there has been mass protests against the regime by Israelis every day since they too consider their prime minister to be a criminal who needs to be hanged. Most important of all was the armed forces that had completely fallen apart as everyone was abandoning their posts.
From early days US military officers entered the occupied Palestine and took over the Israeli military and started the operations. As I said in my last post US troops are also in the front line attacking Gaza from land.

Interestingly enough they could not move an inch into Gaza without massive casualties so far! In other words it is not possible to "take full control of Gaza Strip" ever. And that's without the other arms of the Resistance intervening.
In about 8 hours the face of the battle can change entirely Wink

I do not want to give an ideological coloring to the Palestinian issue, but it cannot be overlooked that the Palestinian people are predominantly Sunni Muslims with Christian and Jewish minorities.
It is interesting to know that ideology is only part of it, Iran's policy that is also in the constitution is "helping the oppressed". For example Venezuela is not even an ideological country and Iran has greatly helped the country specially after US that controlled lots of infrastructures in Venezuela (like the electrical grid) left the country and sabotaged everything behind them. It was Iran that helped rebuild the electrical grid, reactivate the sabotaged power plants, etc.

Or the massive amount of gasoline Iran sent to Venezuela to help the energy crisis that had halted all transport there was after US not only sanctioned Iran heavily because of that help! but also after US even threatened to attack or seize these tankers!
https://www.aljazeera.com/economy/2020/12/6/biggest-iranian-flotilla-yet-en-route-to-venezuela-with-fuel
That is in addition to the Venezuelan refineries that US sanctioned and sabotaged to cripple this Latin American country was fixed and brought back online by Iran.

It doesn't stop there either. There are loads of examples like this.
1106  Bitcoin / Bitcoin Technical Support / Re: Technical aspect of bitcoin. on: November 03, 2023, 04:31:59 AM
And how would knowledge of programming help (or will help) the OP or any other user who wants to become an expert in the technical aspects of the bitcoin? The source code of the bitcoin remains unchanged and will remain so in the future. I think this can only be useful and interesting as a hobby or as a professional curiosity. Programming can help you understand the contents of a bitcoin, but what practical use will it be? It seems to me none. 
If you know programming you will be able to read the code and have an easier time understanding certain concepts like the way the cap is enforced by halving the block reward all in the code, how the cryptography is utilized, how the FORTH like bitcoin smart contracts operate, etc.

As for the source code, it is constantly changing and improving. What doesn't change or rather rarely change is the consensus rules. Otherwise if you check out any Bitcoin project's source code you can see they are very active. Example: Bitcoin Core has almost 40k commits last of which was 8 hours ago. Electrum has almost 17k commits last of which was 10 hours ago.
If you know programming you can always contribute to these projects or start a new one that can help the community grow, whether a free and open source tool or something that you can monetize like a DEX.
1107  Economy / Economics / Re: USA: 50 years since the beginning of the oil embargo on: November 02, 2023, 03:25:53 PM
it was announced that the United States is about to become the main producer of oil and gas on the planet, leaving behind the current champions - Russia and Saudi Arabia.
What do you mean by "main"? You know that US is the biggest consumer of energy and currently despite the high production, they face a deficit of about a 7 million barrels of oil per day. They cover that huge deficit by importing oil from mainly West Asia.

Because of this massive consumption and deficit US can never become a major global supplier. The reason why you see a country like Saudi Arabia export this much oil is because they have a tiny domestic consumption (3 million bpd I believe)!

I think everyone has long forgotten about this story, but after it the United States began to accumulate oil reserves.
You mean the Strategic Oil Reserves?
Over the past year because the oil production by OPEC in general and also oil exports to US has decreased, that has forced them into releasing their strategic reserves at about 2-3 million barrels per day to cover the difference. It is currently sitting at its lowest.

I did some calculations a while back that if I recall it correctly those reserves at best case scenario (no embargo) would last us less than a year. But in case of an embargo (7 million deficit) they would last about a month or two considering the ridiculously huge oil consumption by United States which is between 19 to 20 million bpd.

Another problem is that the oil US has which they are extracting is also running out! At this rate of extraction it will only last 3 or 4 more years. As you may know, when you tap into these resources their extraction becomes harder. In other words if today they are extracting something like 12 million bpd, next year they will be able to extract less like 9 million bpd because of pressure drops and other complications as it reaches the end.
That means the 7 million bpd deficit would grow even bigger.

The situation in the world is very difficult now, but do you consider repeating such a scenario in 50 years?
You mean the embargo? It's hard to say but right now I'd say the chances are little to none. If things take a turn for the worse it is possible though.
1108  Bitcoin / Bitcoin Discussion / Re: Do you track bulk Bitcoin transactions being carried out by whales? on: November 02, 2023, 03:14:03 PM
On Twitter, there are some accounts that do this, and you can activate notifications if you want to follow such updates, but you cannot use them to predict the price because most of these deals are done OTC and at a price that may be different from the spot market, but sometimes tracking withdrawal may give a warning that an exchange has a problem. Or it was hacked and this happened rarely, so trying to track it with simple tools like this would not be a smart idea.
OP asked about on chain transactions to move bitcoin from one wallet to new wallet. I guess OP did not ask about deals to trade bitcoin between traders and sellers. You provided a correct information that whales can do their trades through OTC market but it is not OP question.
It is related since OP also asks about its effects on the price. Considering many "big players" do their trades away from centralized exchanges (OTC trades) you can say that it does not directly or significantly affect the price regardless of the size of the coins that were moved. That's because the price is mainly decided on centralized exchanges and when a whale trades elsewhere they don't really move that market.

Imagine if you contacted me on bitcointalk and sold me 1 million bitcoin and I sent you $35 billion wire transfer!! That won't affect the market at all. But imagine if you had sold 1 million bitcoin on the 4 top exchanges (Coinbase, Kraken, Bitfinex, Bitstamp). That would easily crash bitcoin to $20k levels.
1109  Bitcoin / Bitcoin Discussion / Re: fudster guy saying bitcoin is not viable because there are too few available on: November 02, 2023, 02:55:18 PM
That's a pretty mild FUD compared to much crazier stuff some people have spread over the years against bitcoin, some of whom were famous (like Elon Musk) so their FUD had "weight" too. If you get hanged up on every little FUD, you'd end up going crazy.
Try to debunk their FUD wherever they say it if you can and move on.
1110  Bitcoin / Bitcoin Discussion / Re: Do you track bulk Bitcoin transactions being carried out by whales? on: November 02, 2023, 06:52:02 AM
Do you track bulk Bitcoin transactions being carried out by whales?
No!

Quote
Do you feel it has good impact on Bitcoin  prices and a regular trader can benefit from this data.
Not really.
Technically when large amount of bitcoin is transferred on-chain, it has absolutely no effects on bitcoin price. However, where those coins are going and/or what the FUD says about it can have a considerable effect.
You see, we can't know if a coin is moving to an exchange or not for sure and even if we did we still wouldn't be able to say if it is going there to be sold or not to affect the price.
But if enough FUD comes out that can affect the weak hands into making an irrational move (panic buy or panic sell) it could affect the price.

Honestly I don't remember any cases that a silly news like this (usually coming from whalealert and garbage groups like that) had any significant effects on the market.
1111  Economy / Economics / Re: Is energy prices about to shoot up? on: November 02, 2023, 04:28:42 AM
I think, if there is a shortfall of supply of oil and gas from the middle East, there are other oil producing countries and continents in the world that will meet up there OPEC quarter, and they can successfully supply oil and gas across Europe and the world at large
Who exactly do you mean?
All producers outside West Asia are already producing at max capacity and beyond, not to mention that over the past year there has been a higher demand than supply. It is impossible to cover any kind of shortage specially if we are talking about a massive 40-50% shortage!

Resistance isn't run by Iran, they are friends of Iran each striving for the same goal.
Ok, actually, many news outlets are saying that Iran supports this group. Well, aren't they both the same thing? If they are friends, they must be supporting each other as they both have the same purpose here.
That's correct. What I meant was that the relationship between Iran and the international resistance is not a hierarchy where Iran runs them or they are Iran's "proxy". Instead it is an alliance with an unbreakable bond. Obviously Iran as the strongest member of the resistance supports all of them.

Then, two days ago, the Iranian-backed Houthi forces in Yemen announced their support for the Palestinians and actually began firing long-range missiles. Had the American and Saudi defenses not confronted them, they would have reached Tel Aviv.
Ansarollah didn't start supporting Palestine two days ago, they've been doing it for a while now. Last year they were also threatening to bomb the terrorist positions when there was another bombardment of Gaza. This year they acted on those threats.
They also are not targeting Tel Aviv, that is not in the list of targets for heavy attacks yet anyway. The light rockets from Gaza is enough for now. Instead Ansarollah is targeting a very strategic location in occupied Palestine that has never been targeted before. The southmost region called Eilat and the ports there. Specially since the fuel for the terrorists tanks and aircrafts is heading to that port coming from Baku with the help of Turkey.
I believe there has been 3 attacks already and they've all hit their targets successfully as reported by eyewitnesses; that is despite the Saudi + US + Egyptian + Jordanian attempts to stop them.

They are also targeting other bases of Israeli terrorists elsewhere such as the base in Eritrea they hit hard this past week.

You see it's like separation of concerns.
Palestine is involved in the land attack as the ground forces and have already repelled 8 attempts to invade Gaza (3 of which were US commandos or more specifically the Delta Force) and slaughtered the invaders.
Lebanon is slowly bombing all terrorist bases from the north and progressing every day.
Syria is focusing on occupied Golan Heights and have been bombing terrorist positions there.
Yemen is focusing on the South as I said above.
The rest (Iraq, Iran, Syria, North Africa, etc.) are focusing on US bases.
1112  Economy / Economics / Re: Is energy prices about to shoot up? on: November 01, 2023, 05:20:07 PM
this resistance group (ran by Iran which they do not agree on)
Resistance isn't run by Iran, they are friends of Iran each striving for the same goal.

Which seems to be a difficult situation for them because Saudia is a Islamic state and they should support Palestine
That shouldn't be difficult at all though. Apart from the fact that the holy city of Quds or Beit od-Moqdas was the first qibla of Muslims and is currently occupied by those who regularly desecrate Al-Aqsa Mosque, the majority of population of Saudi Arabia are Sunni Arabs and should be the one supporting Sunni Arabs of Palestine. But in reality the Shia Persians of Iran are the only supporters of Palestine!

They did not made any statement yet and don't want to, but I say they should not take sides yet,
That's the problem with dictators that are either installed or backed by the West. They can not make any actual moves against Western interest even if all their population demanded it.

they can stop those missiles to go into the boundary of Israel by destroying them from there western side but they are also not doing that and that really of concerns.
Technically they can't stop the attacks because if they could they would have stopped the attacks on Aramco for instance. But they are trying and have already intercepted some of them like the Yemeni drone that Egypt shot down a couple of days ago.
This caricature by an Arab artist says it all: https://www.talkimg.com/images/2023/11/01/tX4IW.jpeg

This is something new I was not aware of this, I did not found any source to this news can you please verify it because the news I found was of 2018 and that news was also fake.
The cooperation between Israel and some of the Arab regimes is not new. Although if you want solid proof of this particular UAE participation there are none. We only have some reports from different sources. The one that made a lot of noise recently was the report by France24 channel. I couldn't find the full video but here is a mirror showing part of it in a Persian newspaper: https://ettelaat.com/00058P my Arabic isn't that good but it is talking about the "sellah" and "ta'erat al-emarati" which is the Emirati Weapons and Aircrafts.
1113  Economy / Economics / Re: Is energy prices about to shoot up? on: November 01, 2023, 04:17:02 PM
I'm not an expert in geopolitics, but my thinking is that a real war in that area can only happen if Iran intervenes. Although so far we have heard a lot of harsh words from Iran, for now it seems that everything will remain only on threats,
The Iran's hegemonic strategy is a very complex one that is hard to explain. If I wanted to summarize it I'd say it is cancer treatment; it is to end occupation of Middle East by any foreign force. So Iran is already deeply involved, not just because we are talking about Iran's neighborhood but also because supporting the oppressed is part of Iran's constitution. And since the colonizers aren't going to end their occupation of the most resource filled region of the world peacefully, the "tumor removal" will be hurtful.

So why isn't Iran directly intervening in Gaza?
We have to first realize that the enemy is the biggest and most cunning propagandist in this world with full control over majority of the Western mainstream and social media. We are talking about Israel, an apartheid regime that murders thousands of children every day but fills the media with a fake news about Hamas having killed children using a deepfaked image! So the world needed to see the true face of Israel as a terrorist organization to first shatter that fake illusion they had created over the past decades. That seems to have happened already when we look at the large scale protests across the globe specially in the West like the last one that even reached United States Senate.
If Iran had entered from day one, the Israeli terrorists would have easily turned the public opinion around. For example they could simply blame the bombs they dropped on a Palestinian concentration camp yesterday that weighed a total of 6 tons on Iran saying it was an Iranian missile trying to hit them. But today the world sees this crime and knows it was Israel that murdered all those people in a blinking of an eye.

Another way of looking at it is that at the end of the day this is a Palestinian issue and if others intervened from day one, it would have turned it into THEIR war and Palestinian cause would have been forgotten and possibly erased forever. It needed to be Palestinian freedom fighters rising up against the invaders first before others could start helping (as they have been).

It needs to be added that Iran has always supported the legitimate struggle of Palestinians for freedom officially and loudly. Check out the last speech by the Iranian foreign minister in UN. The recent video of an advanced UUV released by Qassam brigade shows the quality of that support.
So for now Iran's support of Palestine will continue but direct intervention would remain outside Palestine focusing on CENTCOM (ie. Northern Africa and West Asia). For example if you check out Syrian and Iraqi news you can see the increasing number of attacks on US bases there with videos, something that is mostly censored in Western media.

and all the other incidents that you have already mentioned are only isolated incidents that cannot significantly disrupt traffic through the Suez Canal, and even less through gas pipelines or oil pipelines.
That's true but things are changing real fast. For example last week Yemen was silent, now the battlefield is expanded by a radius of 2000 km overnight. So I'm just speculating here about possibilities based on what develops, after Friday this battle could be entirely different, from genocide of Palestinians halting abruptly all the way to US aircraft carriers sinking to the bottom of Mediterranean sea.
1114  Economy / Economics / Is energy prices about to shoot up? on: November 01, 2023, 01:44:27 PM
This is part of my Energy Crisis 2.0 topic but since this is a significant change, I placed it in a new topic which I may lock after Friday since we will enter a new phase with possibly significant changes after Friday.

A quick explanation of this map for a visualization of where everything is located.
Yemen is 1700 km away from the occupied Palestine and has dominance over the strait of Bab al-Mandab (where Gulf of Aden and Red Sea meet) and by extension can affect the Red Sea and the Suez Canal (green circle).
The significance of the sea region is shown with the yellow and black arrows. The yellow arrows mostly show the direction of the energy and resources heading to the West and the black arrows show the route for majority of Western exports (West meaning mainly Europe).


Over the past week Yemen officially entered the ongoing war in West Asia.
The first step was sending at least two light slow cruise missiles towards USS Carney, the US Navy destroyer in Red Sea as a warning that in case of intervention they will be sunk with heavier and faster anti-ship cruise missiles.
The second step was a small ballistic missile attack on Israeli terrorist bases in the southmost part of occupied Palestine, the Eilat port shown by the red circle.

What does this have to do with energy and consequently economy?
Well, this effectively expanded the war to the Red Sea and will affect the routes I drew on the map above.
Specially since US Navy is already present in the region and the terrorist ships entered Red Sea today and considering that they are all legitimate targets we could see the international trade disrupted in the coming days if those warships are attacked.
That means for example all the LNG shipments to Europe from Qatar would stop. Same with oil tankers and all other kind of shipments.

The other thing to consider is the possibility of Yemenis attacks expanding to include more legitimate targets in Saudi Arabia and UAE. Both oil rich countries and both legitimate targets because their coalition with US has invaded Yemen and it would only be retaliation according to international laws. Also legitimate targets because they both are helping the terrorist organization commit genocide in Palestine (eg. UAE fighter jets are reported to be participating in bombing Gaza in the past days).
That can translate into much more than just oil price rising, there will be oil shortage.

What's interesting is that oil price has not shown any significant reaction to the events of past couple of days.
Possibly because the routes have not yet been threatened by the presence of terrorists and their supporters. But we still need to wait and see what the next move is, this is only speculation for now.

Let me know what you predict.
1115  Bitcoin / Bitcoin Discussion / Re: Mempool almost empty? on: November 01, 2023, 07:20:32 AM
In ##/##/202#, when someone was surprised with the high speed of an operation with BTC,
What does that even mean?
At any time and any level of mempool spam/congestion, if you pay a high enough fee that your transaction is considered "high priority", it will be confirmed in the next block which can be in a couple of seconds if you get lucky.
That doesn't say anything about whether the mempool is empty or not.

Quote
was told that the mempool was almost empty and that miners use to give priority to high amounts and their inherent comissions.
The common word used is "fee" not commission. And the transition miners choose to include in the block depends on the fee and has absolutely nothing to do with the amount it is transferring.
1116  Bitcoin / Bitcoin Technical Support / Re: Technical aspect of bitcoin. on: November 01, 2023, 05:11:08 AM
Do I need to be familiar with any programming languages? Because I observed "0,1 and a few letters" used to describe a transaction hash and also sometimes stuff like "git" while browsing through some old threads, and it made me wonder how you get to know such? Can someone who does not know how to code excel in this area? Or should I simply stick to the basics I already know about bitcoin, such as wallet types, a few things regarding security and privacy, and some other things I've read about but haven't been able to put into practise?
Knowing programming in general helps but it is not mandatory to understand a lot of stuff in Bitcoin. There is nothing that you "should" learn because it all depends on your interests and how deep you want to dive. Try to start small because the amount of information is massive and you can get overwhelmed very quickly. A good place to start is the source I post at the end. You can move to learning programming in the second phase.

Quote
Speaking of "real life," if I don't receive any hands-on experience, would I still understand what they're saying? Because, based on what I've seen, having a full node will cost me more than I can afford owing to the size and data required to sync/download the entire blockchain, will I still be able to do well with only rudimentary knowledge?
You don't need to run a full node if you want to learn more a bout Bitcoin at a technical level.
You also don't need to run a full node if you want to use bitcoin, you can use SPV clients such as Electrum that are light and don't consume that much space/traffic.

Quote
Finally, if you were to suggest your top three sites for learning the technical parts of bitcoin, excluding this forum, what would you recommend, keeping in mind that I have no programming expertise and only know the basics of bitcoin?
The best source in my opinion to get you started is https://github.com/bitcoinbook/bitcoinbook
For questions and more technical knowledge apart from this forum you can use the https://bitcoin.stackexchange.com/ site and the https://developer.bitcoin.org/ section of bitcoin.org website alongside the wiki https://en.bitcoin.it/wiki/Main_Page
1117  Bitcoin / Development & Technical Discussion / Re: Blockstream still using Bech32 on: November 01, 2023, 04:42:58 AM
OP didn't post the address string for me to check it myself and it is very hard to type it using the picture...
Here are the strings:
  • from "Bech32m Transaction" image: tb1ph68pa6mfyjqwlphet776empcppx6pe9ga5n45f4zwd0x4rnaj5zqn0g9wx
  • from "Blockstream":                        tb1ph68pa6mfyjqwlphet776empcppx6pe9ga5n45f4zwd0x4rnaj5zqxncfty

BTW, my reply is based from what's shown in his image.
That's odd.
The first address ending in wx is encoded using Bech32 (BIP-173) so it is wrong.
The second address ending in ty is encoded using Bech32m (BIP-350) so it is correct.

To OP: what tool returned that JSON in first image (containing the first address) because that's where the problem exists not with Blockstream explorer.
1118  Bitcoin / Development & Technical Discussion / Re: Blockstream still using Bech32 on: November 01, 2023, 04:30:29 AM
Image shows that the address is in bech32m format (starts with "tb1p") and is "V1_P2TR" (Pay-to-TapRoot) type.
On the other hand, bech32 format for testnet should start with "tb1q" instead.
The explorer says P2TR based on the script (OP_1 <data>) not based on the address.
Also the address starting with tb1p means it is version 1 witness, you can not tell whether it correctly used the new encoding (Bech32m) for its encoding or not.
The only way to know that is to use a decoder to decode the address string and by verifying its checksum, figure out which version of Bech32 encoding was used.

OP didn't post the address string for me to check it myself and it is very hard to type it using the picture...
1119  Economy / Economics / Re: Steam drops support for 2 fiat currencies over their volatlity on: November 01, 2023, 04:24:27 AM
after all if those two markets represented a great deal of its profits I could envision Steam doing everything they could to find a way around it.
Exactly.
From a purely economical point of view, every decision you make in your business has costs and profits. For example when you decide to work with a foreign bank on the other side of the world you are effectively adding "overhead" to your business. Not to mention the extra burden on your company and employees dealing with complains from users who had trouble depositing funds because their banks didn't work well, which needs its own dedicated department. That is all on top of the extra work needed for all the AML nonsense they would have to enforce when dealing with fiat and foreign banks.

All this overhead is only acceptable IF it is bringing a decent amount of revenue. Which it doesn't seem to be. So by removing the overhead they would just deal with American banks or payment systems (when they pay using dollar instead of their own fiat) which is so much easer (with much less overhead) for an American company.
1120  Economy / Economics / Re: Isn't Fiat the Real Ponzi on: October 31, 2023, 12:36:06 PM
Fiat on itself is not a Ponzi scheme some economies of certain countries are Ponzi schemes though.
The best match is the United States economy that has been a Ponzi scheme for some years now. They keep printing money out of thin air and sell it to any idiot (including countries) who would buy that debt so that they can cover their ever increasing expenses and cover the massive budget deficits. Then because of interest rates they get themselves deeper into debt so they print more money to pay that debt too hence turning the whole thing into a Ponzi scheme.

This is exactly why the biggest fear that US regime has is dedollarisation!
Pages: « 1 ... 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 [56] 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 ... 1151 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!