The Wirex debit card gives you satoshis back on what you spend through their card. I'm sure it doesn't equate to what you pay them in fees but it might add up if you keep using it.

I'm surprised the bigger and better known cashback sites haven't looked into paying out into crypto yet. Since it's free money there might be some pretty good uptake.

So you reckon an entire nation should be denied this service because a few of its inhabitants might use it for nefarious ends? That's daffy. The same goes for every single country on the entire planet. There are no shortage of terrorists elsewhere and some of them are even WHITE.

I agree with the principle but I think this one will be the biggest of all and it'll start to roll gently downhill in impact from the next one in 2024 onwards.

It's happening just as more building blocks are falling into place, it's being taken seriously by more people than ever and in a way it hasn't up until recent times and the inflation rate will be lower than the average fiat currency just as it steps up into a new phase of legitimacy.

At the same time it's going to properly dawn on people that there really aren't that many fresh ones left to arrive. That was a factor barely worth considering with both previous halvings. There were still millions of coins to come. Now it's just over 10% for the rest of eternity.

That's a variety of factors aligning around this one that are unique and will never be repeated.

Guess we'll see soon enough.



Anyone who equates a major shift in the fundamentals of the whole thing with a couple of bits of tinsel in one jurisdiction isn't thinking hard enough.

The offer is based what they can expect to get back from Gox. It's nothing to do with the current Bitcoin price. The article says the offer is 88% of the value that should be returned to them.

This is the formula for how the claim has been calculated - '$440 per coin plus $0 damages (damages only apply to fiat, not BTC) plus 18% of your bitcoins plus the same number of bitcoin cash (dollar numbers in USD).'

https://www.ozcoin.com.au/index.php

It might have changed since then. Dunno.

I'm not sure what I'd do in this case. I'd be tempted to take the dollars from Fortress and put them into BTC as the chances are high the whole thing might drag on for a few more years yet, but I might also be totally sick of the thought of it too.

One of the people involved in putting a claim group together took a $600 offer from a buyer and quit.

1% when applied to the world is kind of a meaningless figure. The salary you would need to be in the world's top 1% is about $32,000. That's fine. I'll bet people who earn that in first world country don't feel like the top 1% but they should.

Just over one week's notice for an announcement this momentous and on top of that from now on any deposits won't be 'processed' which I guess means keeping anything that arrives from now until then and of course forever after. How many people are that up on crypto news? Plenty won't be.

Such little notice and that will add up to a nice extra dollop of rape for their customers.

And those with the best genes should be forced into breeding centres.

With my sky high IQ, man about town suaveness, hairy back, wet nose and glossy coat I should really do the decent thing and start popping them out, but I'm too cognisant of the total pointlessness and drudgery of it.

To get me to do my duty I'll want a hefty salary, a medal of honor and the right to disappear.

Man, my true calling has been under my nose the whole time.

I enjoy a bit of sewing, me.

Since 6000 BTC was between 12-30,000 Euros ish at that time I see no reason why he linked it to growing pot. He should've said it was from dealing cars or chopping wood. It's just as easy or impossible to prove and just as believable.

And when technology is good enough to reclaim them I think it's safe to assume that some quantumkiddie will be in there long before the Gardai figure it out. That's of course if this story is true which I'm certain it is.

I like the idea of Craigy touching himself to my Herpes diagnosis.

Considering the amount of forks and balls ups they seem to be having I would've thought leaving your details on a New York subway seat would be a more secure and dependable option.

At least all that weather data is relatively harmless.

Don't forget many a place has state income taxes and the property taxes can be mind blowing. It might be tens of thousands of dollars per year for a fancy house that would be zero or a $1-3000 in other countries.

By the time you equal everything out there's probably not a vast amount in it between most developed places, apart from Scandinavia of course.

To me it's clear this declaration is about this one particular case.

I'm sure centralised mixers will eventually have more pressure put on them, but this guy created his system only for the purpose of hiding illegal earnings and nothing else. It would be the same if he had founded a bank to do that one job.

It might mean in future they will regard any mixer that handles problematic funds to be enabling crime and so they'll be fully liable. They probably do already. This guy made it easy to stop.

If I had the possibility of a limited self funded proof of concept versus having to slog around getting the money together for a biggie from the off I'd do the self funded one. Any form of track record no matter how modest is vastly more compelling than a proposal still marooned on a scrap of paper. But that's just me.

If I saw my hedge fund was balls deep in that I'd be running for the hills. No doubt it'll pump like every piece of junk but its sheer incompetence makes me wonder about an institutional buyer's competence too.

All this stuff is still in the shit thrown at the wall phase. If I were entrusting my money to a professional I'd expect some diligence somewhere along the line.

There's loads of incentive for them, you get your money in an hour rather than weeks or months, but there's no practical way they can translate that into an incentive for customers.



I think this is a valid enough reason but we've seen time and again that merchants can't be bothered to keep the possibility open. There is never enough uptake. What's needed is a fire and forget option that doesn't matter whether it draws much custom to start with. I don't know how onerous it is to accept it but it must be a relative hassle for it to keep happening.

That would no doubt be the vast preference of governments. If Coinbase became even more of a one stop shop than it already is that certainly makes their lives a whole lot easier in terms of tax and surveillance.

Maybe some day the only thing merchants will be allowed or willing to accept is Coinbase BTC credits and they'll probably love the idea. It's a combo of endorsement, clearing house, vault and hand holding for something they'll be forever a bit wary of.

'Because it's on the internet'.

For most people here I'll guess this is the first taxable thing they've ever come across outside their wages and the first time they've been responsible for reporting any tax themselves. Couple that with it coming up out of nowhere and I can understand why it's surprising to some but that doesn't exonerate you from the fooking massive bill you may run up. Wilful ignorance is not a convincing defence.

But it's just the same as Bitcoin itself. It's great for merchants and always has been. There's still zero incentive for the customer unless they're already into crytpo. Maybe LNs will come up with some truly unique uses but as it stands it's a curio inside a curio to the average personage.

You lucky, lucky, lucky thing so you are. O the envy I feel.



Of course it does. It allows more transactions in every block. That reduces fee pressure. It doesn't eliminate it but there's that much more headroom than there was before.