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From what I've read about the Alexey Pertsev case I have zero sympathy for him. He and others like him is precisely why many of the regulations are being created.
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...
People's opposition to the governments plans are irrelevant to the level of control that the EU government tries to acquire. They are determined to get full control of the crypto up to the point where all wallets are KYCed and they are able to see the full list of transactions for any person, pretty much like they do with the banks elecronic money provided by credit/debit cards.
Now that is something we can agree on: The EU bureaucrats are going nutsy-cookoo in their regulations over everything. From how you heat your homes (they want only heat pumps) and trying to force total electrification vs individuals and companies being able to use natural gas (which is often the best way to efficiently provide heat energy) they seem to want regulations for most aspects of everyday life in the EU. Glad I do not live there because I'd be getting pissed... Their planned FINTECH regulations --- insane. eg, their restrictions on using fiat with there being hard limits to the amounts you can use. Not only the amounts that require reporting but also amount of fiat that even is allowed to be spent w/o getting 'permission' so to speak. |
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So then as I surmised: Paranoia.
Without me doing something illegal, the US gov cannot and will not do any of what you listed. Do not bring up the US banning gold back in the 1930's as that was a outlier (and the gov paid for the gold turned in), was repealed, and has not been repeated for anything else of value. As for other countries, many will not either but yes there are several corrupt ones that *could* do it. If the US ever does get that bad, them going after crypto will be close to the bottom of my worry list..
Getting back on topic, attempting to make crypto exempt from EU government tracking or hiding it from them you are just giving them more reason to clamp down on it
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Well, for 1 thing slavery has existed in ALL cultures and races throughout human history in at least one point in time. It was not just a European vs African thing. Since we are here it should also be pointed out that the Europeans did not just go out into the jungles of Africa with nets to catch black slaves: The vast majority of them were captured by - drum roll please - rival African tribes who sold them to the Europeans so stop blaming only 'the white man' for it. The Europeans just provided a much larger market for the slavers to ply their reprehensible trade. There is plenty of blame to be shared all around.
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Regarding the financial records that governments have, they don't really know how much cash one has in his pockets. And they don't know your real estate and/or stocks which are in jurisdictions that don't cooperate with your government. Same goes for crypto, if you work correctly with it, the governments do not know how much crypto you own and they will not know your wallet(s).
Why give the governments additional information about yourself? Information is power and the fact that they already have some leverage against you does not mean that you have to provide them even more leverage against yourself. I for one do not usually walk around with more than a few hundred $ in my pockets... In the US, bank account, credit card and other finances are ALL subject to government inquiry when needed und considering most folks here do not have holdings outside of their country, again a moot point. I do not care that the IRS can know how much crypto I own. I have no reason to care because I pay my taxes on it. the fact that they already have some leverage against you does not mean that you have to provide them even more leverage against yourself. Leverage for what? What is your specific reason(s) for wanting to hide that information? I cannot think of a single one aside from pure paranoia... |
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Make and model of miner be damned - 1st question you have to deal with is: What does your electricity cost? If it is more than 5 or 6 cents per kWh then forget it.
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... We are already KYC'ed. Every one of us have an ID and a tax number. The gov owns the real world as they own the virtual world. If you don't like to be KYC'ed on the internet, why don't we do something about real-world KYC enforcements? Is there a difference really? Can you go to a bank and have an anonymous bank account? Play in a casino without showing your ID first? You can't even buy a six pack unless you do KYC first  ... That is exactly why I am always rather amused when reading posts decrying the 'lack of privacy' and AML/KYC regulations  Your governments already know or at least have access to our financial records for fiat, real estate, stocks, etc. Why should crypto be any different? |
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Is it true that the wallets in which Satoshi mined to are known? So that if I would be Satoshi (and had the private key(s)), I could "proof" this, by moving BTC from Wallet A to any Wallet B. Correct? If so, how many of this "Satoshi-Wallets" can (more or less) certainly be allocated to Satoshi and what is their total value? Is there any statistics or website, which provides an overview?
Well, for a start, look back in this thread. Odds your answers are in here. Start with post #2 and post #25. As for accessing said coins - yes that would be proof the mover is Satoshi. |
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There are no benefits to taking hard drugs. None. Zero. Ziltch.
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The reason why you shouldn't force someone to invest in bitcoin?
Did you think is good to force someone to invest in bitcoin?
What is the disadvantage of forcing someone to invest in bitcoin?
Did you really think the person is ready to bare the risk that is involve?
What are your opinions towards this particular topic?
Lets start with the last - I find the premise of this topic to be inane. Why? Because no one should EVER think they have some kind of 'right' to force ANY sort of investment advice on anyone. Assuming the other person is interested in BTC then discuss with and perhaps even encourage someone, sure. But FORCE someone -- NO. Period. What kind of egocentric self-righteous asshole would ever even think of trying to force any sort of investments on others.... Given that, all answers are No, No, No and, No. |
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Now that^^ is a good point.
Considering the payout most (non-solo) folks get from those pools it is highly unlikely that solo users make up a significant portion of their block finds. That said, yes it would be interesting to be able to know how many they get.
On the obverse side of he coin, what about OCEAN? They distribute the rewards. But, since they use Stratum V2 and each miner can decide what work their block contains does that mean that they are solo mining if said miners hardware cracks their block of unique work? By most definitions, because the rewards are still distributed amongst the pool users - no.
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Per https://www.blockchain-council.org/cryptocurrency/solo-mining-works/Solo mining involves independently conducting the mining process, relying solely on hardware hash power and network difficulty for success.
Despite the potential for high returns, solo mining requires substantial capital investment and patience, as success is not guaranteed and may take years Note that nothing is said about who creates the block template used so using a service like -ck's or Kano's to generate it still fits the bill. and Pool mining involves miners combining their resources to increase their chances of finding blocks and receiving rewards as a group. Other mining reference sources pretty much say the same thing. As Kano said the difference is the payment distribution - is it all to one miner (solo) or is it distributed amongst pool users. |
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Just because a pool is used to provide the reliable and fast back end long haul connections does not mean the miners are not solo. The recipient of the Block Rewards is one person. All the pool operators get is a tiny % of that. They (the miner) and they alone provided all of the hash power used. Now did said miners actually *own* the hardware - no. They were very large rentals pointed at the pools.
That fits my definition of Solo perfectly.
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Solo's seem to be hot today, as 'that other' solo pool also had a winner 3 hours earlier who had been throwing well over 500PH at it for a couple days. That said, CONGRATS to our pools 1st solo winner! Link to mempool for our block |
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I for one have no problem at all with being known to report posts. My sig line says it all, "For bitcoin to succeed the community must police itself".
I'm glad to help keep this forum usable by winnowing out the crap and redirecting posts to their right areas. At last count my total is now 4583 posts with 99% accuracy (4424 good, 85 bad, 74 unhandled).
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... what sort of post do you report? You've got a little language impediment - that could be because you don't speak English as your native language? - if that's the case, how then do you evaluate good post? Just asking  ... Having to interpret what a poster is trying to say is not an issue. It's to be expected on any international forum... For me a post deserving to be reported as trash is usually bloody obvious: things like thinly disguised clickbait ads/referrals, wildly off-topic, etc. Same for Wrong area, be it an altcoin topic in the Bitcoin areas or hardware sales or services advertising outside of their reserved areas of the forum. As of late the number of obviously AI generated posting and plagiarism is on the rise no doubt because ChatGPT makes it so easy to ask a question and then post its answer as if the poster came up with it instead of DYOR, formulating ideas from the research and only then making a post about it. Problem is, most AI generated crap is just that - crap - in that it often contains many errors. One good clue to AI crap is that it often reads like a dry, sanitized, textbook. |
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