@examplens
Could you kindly explain in detail what the exclusions to the rule you mean?

It is no measure of health to be well-adjusted to a profoundly sick society.

What JJG is saying nullius is that Bitcoin is an inelastic good (which did not exist before!). You can’t produce more to compensate for an increase in demand, or produce less when demand declines. Therefore not having bubbles or being stable at $10k is just wishful thinking at its current level of adoption.

And while the coin is on their platform, it's their coin, not yours, so they can do whatever they like with it.

Thanks very much to both of you. Your encouragement makes this much easier. It would be great to see you guys using Sovryn.

I also agree with everything you said. With Sovryn we have a few guiding principles. Here are a few relevant ones:

"You shouldn't have to be technical to be free". We are working hard to make our system so easy to use that anyone can use it. It should be as easy as a centralised exchange. Maybe even easier, since you can use coins directly from your wallet.

"Don't fight greed, harness it". Sovryn is designed to make it easier than ever to make money with your Bitcoin. We want to help harness greed as tool to encourage freedom. We think that is what Satoshi was doing. So we have features we call HyperHODLing (going leverage long BTC) and SuperStacking (earning interest on your stack of Sats).

"Don't sacrifice the good for the perfect". Sovryn won't be perfect. It won't be as decentralised as mainchain Bitcoin. It won't have governance that is as neutral as PoW. But it will be one hell of an improvement over centralised exchanges. We know a lot of Maxies will probably reject Sovryn for these reasons. We think this is a mistake. The road to hyper-bitcoinisation is long and requires many steps. Not one giant leap to the end.

BTC

FTFY, with proactive added note to make sure that you do not dare to think of such offensive terms as “h***band” and “w*fe”.  You are behind the times—in the Dark Ages, using such sexist, gender-discriminatory, hetero-normative, cis-normative slurs!  Don’t you know that a man can become pregnant?  You ignorant bigot, just Google it...  (“Pregnant woman” is now incorrect:  It is “pregnant person”.)

Progress must be made.  Report for re-education.

Jimbo, you, too.

snipped only for reducing used space

we should fight back and stop saying blockchain but using blackchain from now on. To get even with the usage of the word „whitepaper“ 🤪

I'll tell you exactly why. The whale pumpers had already started the Bitcoin bull run back in 2015/2016, but turning the corner into 2017, they needed a mega distraction. (The theory is that whales already had insider knowledge of the coming BTC futures market launch near the end of 2017). They wanted everyone possible to sell their bitcoin prior to the blow off top. That is how they make money, by FUDing and second-guessing everyone out of their bitcoin at all the wrong times. Also at the same time, Roger Ver and Wu were forking Bitcoin (over Segwit and the blocksize debate), and whale traders were legit attempting a "flippening" with ETH, and trolling the shit out of the forums during all of it. ICO scams around ETH were also running rampant.

So by mysteriously pumping every other shitcoin known to man sky high, suddenly and without explanation, while at the same time selling off bitcoin, starting a flame war around SegWit and the blocksize debate, pumping a supposed ETH "flippening" with ICO scams, and shilling/pumping the new BCH fork, they were legit trying to scare all the n00bs right out of bitcoin and right into the shitcoin markets. It's clear that stirring FUD was all part of their plan. I'm guessing it worked on some people. If you remember, there was MEGA trolling and confusion going on at the time. Then they pumped Bitcoin parabolic right on the BTC futures launch in November 2017.

Bitcoin BTC is digital gold.

In 1933, the American authorities decided to confiscate all their citizens gold. This happened in the land of freedom. It can happen again. It can happen anywhere, anytime.

People talk about the 51% attack. But that is not the only way to attack Bitcoin. All those Bitcoin sitting in centralised exchanges? They can be seized. All that KYC data that Bitcoiners have handed over to exchanges, the IRS wants it.

Defence-in-Depth (DID) is a concept invented for medieval citadels and adapted to modern IT security. In a citadel, you don't just have one layer of defence, you have many. A moat, a wall, a keep...

In modern IT security, you have technical controls (cryptography), physical controls (hardware wallets) and also administrative controls (self-custody). Bitcoin as a system is secure because of PoW and cryptography. But Bitcoin, as a social and economic structure, needs additional layers of defence.

We need to make sure we don't have to use centralised services and pool our Bitcoin in places that make it easy to seize funds or taint coins. We need to make sure that there are not obvious points of centralised control where politicians can exert pressure. Coinbase and Binance, if they became dominant enough, could have the same centralising effect over Bitcoin as Facebook and Google have over the web. Binance already suggested they would try to re-org Bitcoin Blockchain.

Centralised services are walled gardens of convenience that you are not in control. They are honeypots. They rob us of our sovereignty.

DID is about expanding the envelope of decentralisation and uncensorability. DID is about expanding what we understand Bitcoin to be. It is more than just a blockchain or a coin. It is a social, political and economic structure.

Defence-in-Depth is about expanding the protections we provide Bitcoin and, as a result, expanding the protection Bitcoin provides us.

And we are correctly pointing out what that perception is flawed.

Even although some gambling sites don't collect full KYC as you say, they still keep a complete log of all deposits and all withdrawals, all IP addresses, browser fingerprints, etc. They might not be able to link your coins to your real name, but they can very easily link your deposits to your withdrawals, and link all of that to your IP address and browser fingerprint. In most cases this would be enough for an attacker to de-anonymize you through other means, since most people do not use Tor, have very unique fingerprints, and leave traces of their activity and identity all over the internet.

Even without going through the gambling site at all, since as slaman29 says the vast majority of gambling sites are well known to blockchain analysis companies, watching deposits and withdrawals over a period of time and simply matching timestamps and amounts may even be enough to link your deposits and withdrawals.

I would say that not only is using a gambling site in this way not making your privacy any better, but in many cases it is actively making it worse.

Ignorance, bad advices like this one, the overall advertising about hardware wallets which makes people think they are fool proof, all did its part.

For big amounts of coins (where "big amount" may depend from person to person) there's only one good solution imho: cold storage (and also this, only if properly used, obviously).

Replace casino with exchange, then think again whether it's "right way of mixing" since both of them collect your information.

Responsibility for the panic lies squarely on the idiots who have been panicking.  Why would the Chinese be to blame for others’ foolishness?

Moreover, your images from 2017 are clearly misrepresented as “meanwhile”, “rn [right now]”, i.e. from the present.  Why would you do this?  Dishonest.

In the port city of Qingdao, they even held a three-week beer festival, drawing in what would have been unthinkable just months ago: huge crowds.

Divide your DCA allowance into 4 parts. Buy 1/4 right away. Thereafter, buy 1/4 each of the next three weeks. Does that not help?

Also have the BTC price showing on the face of my watch.