Out of pure curiosity, I visited CZ's Twitter page and I wasn't disappointed at all, not surprised to find the same pattern repeating again denials of any wrongdoing, accusations of FUD , a lot of mumbo jumbo and a wave of applause from his loyal followers praising him again for god knows what, the whole circus doing again a marvelous rerun of their best numbers. Not surprising to hear that Binance Australia never actually had a granted license but instead acquired a licensed company to run its operations through it, and yet, CZ claims to always follow the rules and dismisses anyone who points out the obvious as a "fudster."


Yeah right!
Just like a kidnapper is putting his gun down at his own will, not because there are 10 snipers having a clean shot at his forehead! 
The 100 number and the following part is coming from a spokesperson, they can claim whatever they want as they won't be facing legal troubles for a paragraph in an interview.

After the next halving the reward will be 3.125 and then 1.5625 where did you get the 1.375?
At BTC at $10,000,000 the reward per 1000 blocks will be 15.625 billion, not 1.3!


Lol, leverage in what?
You would still invest in Bitocin if a country run by a dictator that likes to exterminate its neighbors would have a say in Bitcoin?
The moment Putin would be able to influence Bitcoin is the moment you can dump it in the toilet as it would be no different than fiat!


Really poorly written article, who compares the hash rate based on consumption?
One Gigawatt could power less hashrate than 300MW if it's used by older models, it's 100W per TH/s for the S9 and 20W for the S19XP. 

This is just ridiculous..
After saying he lost all his coins by buying a fake ledger that made him go to some phishing website and he trusted it like a "crypto expert" he was, and now the guy is doing reviews on cold storage wallets. I just linked the video here but don't waste your time, it's starting to look like this guy doesn't have any coins at all. His review is an unboxing without even powering up the device or showing a balance or a transfer, so he is most likely a no-coiner on his hunt for clicks and views on youtube with fake stories.

Oh, just checked his video history, after that "story, he had one with the title:
Just lol!

ChatGPT is accurate on those because it has the information at hand, nothing else.
If you don't feed it the information he doesn't know how to do it or what to answer, in this case a prediction of price would be completely inaccurate since:



How could an AI make accurate predictions of what's happening this year and the next when it doesn't have info for the last two years?
Also, quite interesting, can anyone replicate the answers ChatGPT has given the author of the article? I've asked the same question and the answer is completely different despite trying multiple times to regenerate a response!



How would it know about an inflation crisis when the data collected stopped in late 2021 when inflation was still low, even assuming modded chat he couldn't have found that info anyway? The moment you run your own server then it stops being relevant as you can teach it whatever data you want and it's becoming biased as hell!

And socialism and communism flood the world with poverty!

Bitcoin is pure capitalism, no matter how many scream in agony and try to find it a messiah role of getting rid of the world order and poverty and some other total fantasy-like role in the economy, Bitcoin is the true essence of capitalism, where you have capital you are able to invest, the ones that don't have, they will never have sone satoshi! Bitcoin doesn't follow and can't follow the rules of a socialist country with wealth redistribution, you can't force people to give their coins to the poorer you can't even tax differently because you have no idea what to taxon the chain!
So with the death of fiat, there will also be the death of any kind of socialist or communist society if we embrace crypto!


BTC is not PoS it's PoW!
Owning 10000 or 1 coin doesn't change anything in how things work!
Besides, you don't need money to exploit others, look at NK! No trace of capitalism and you have 100% -1 of the population being exploited!

Not really, Meta for example is publishing those in their 10K but is doing on their own definitions of active users, if it were for Coinbase they could also do the same, judging an active user by a random time and sum, somebody who has logged, somebody who has tarded at least $100 in 90 days and so on, somebody who has a positive balance etc.

Anyhow, I've logged in to my Coinbase account again to see how it looks.
Seems like I have a  $5.4 balance from probably an airdrop or something as it's probably in some shitcoin not even shown on the main dashboard, I'm definitely not completely verified since there is one huge red banner there asking me for proof of address but still no message, no alert that my account might get disabled although it is restricted till complete KCY but it has been like that from at least June or July last years as far as I remember. So it's probably something completely random.

And what fierce regulations would make normal start-ups flee the country?
The only ones that would be affected by these are those who come with some vaporware and buzzwords, try to get funding with some shitty token and then to end up bankrupt, no regulation will prevent somebody from coming up with a real product and a piece of software and follow the same path as hundreds and thousands of tech companies have done.

I am of course heavily biased since I'm a bitcoin maximalist to the core but if it were from my point of view I would ban completely any coin offering or limit it to the value of the assets the company has at the moment of the launch. You have $1000 in assets that's how much you can get in from selling shitcoin, no stuff liKe getting 4 billion in funding and ending with...EOS?
Would you cry over them not being allowed to operate in your country? I wouldn't!


Ok, what will the US miss in terms of innovation?
Care to share some examples of companies and innovative products that the US or the EU might miss because of regulations?

That's Paxos, not Paxful, no relation other than the similar names.


Not really that much different and Localcypto went down just as surprisingly, so every single one of them going down won't surprise me.

And another goes down, let's see how many will be left by the end of the year.
Never used it although I have an account there but I can picture the impact in countries where it had way more usage, wonder where will all migrate, it's Binance and Bybit maybe? With locabitcoin gone, localcrypto gone, DEX not really gaining traction despite all this mess seems like there is only one temporary winner here, that until due to another series of "regulatory challenges".

Btw, does anyone have a clue what kind of regulatory challenges are they all talking about, cause everyone claims the same thing without bothering to go one sentence further? 

You simply can't step from the whole thing about DAO, tokens, DeFi and stuff, do you?

If you have done your research then you know already why Airbnb is successful, and the main reason is that it offers a simple way to find accommodation and a simple way to list properties. The moment you throw tokens into the mix you just confuse users, the moment you start talking about DAO it will raise an eyebrow from property owners, throw some more buzzwords into the mix and you're going to have everyone look suspicious at your project.

Furthermore, other than being a clone that offers payment in crypto, how do you plan on getting people on board? You know how many ideas just like yours have been around and how many have failed and further "failed"' as in exit scams? DtraveL has burned $10 million and managed to bring the token down from 75 cents to 5 cents and all it has is a platform that looks like Death Valley. Beetoken, 15 milliosn gone! And the list could go for pages!

So, other than having a token, what would be our advantage over Airbnb for example?


Where is all those extra money going to come from?
Because if you're rewarding either the host or the guest somebody has to pay for that!

Aren't you getting tired up coming here every week with the same topics, mistaken CEOs names, wrong details and obviously having no clue what you're talking about?



Better ask yourself how you're not going to alert the police with your stupid games, you know what they say, play stupid games win stupid prizes.


Unfortunately for you this is not a game, you can't pay money to arrest somebody, if you have a real legal complaint file one with the FINE, then if unresolved go to the next step and open a civil dispute in a Finish claim court, it's available even for citizens outside EU.
But yeah, keep harassing and threatening people over the internet and dream of it having no consequences for you, let's see how this end.

Everything quiet on the mining front?   

It does feel weird to only such a slight difference in blocks mien for so long, no jumps, no dumps, just circling around the 1.5%, income per the around 7 cents, no drama , no nothing


3exa, that's just 30 000 S19, it does feel strange with price knowing at 30k levels to have only this small rise when we had a 25Exash rise back in January when things were really bleak.

Saw this article the other day:
Bitcoin outperformed majority of mining company stocks in February
Of course, it's February data but running some numbers on YTD there are a few interesting things.


They all beat BTC (69.42%) in this interval quite handly, is there a new fresh wave of investors thinking mining would soon go back to the insane profits we've seen two years ago? At least it seems like more willing to put money in companies than trying to buy coins or mine themselves?

You have answered the question yourself!
Italy is not banning AI in general, the action it took against ChatGPT was because of breaking European laws about privacy and the use of collected users' data without permission. That's all! If Microsoft adheres to the laws of the EU the ban will be lifted.
As for a decentralized AI, that's just a buzzword from the last bull run when we had hundreds of ICOs claiming this and that, a trend that has gained a new life now with all the hype and projects popping left and right but with no other target than to scam some gullible investors once more.

Bull*****
This kind of clickbait fake headlines are destroying everything nice about what should be normal good news is making people not trust a thing anymore.

It's one person in a market that has decided to accept bitcoin for her products.
The government has nothing to do with it, there is no such government proposal, and how the hell would even be possible for the government to ask citizens to sell eggs for bitcoins? What would the benefit be in this since from their point of view since it's simple coins changing hands without taxation?

This is one perfect example of LN doing its thing, despite all the fearmongering about mempool full, attacks, fees more expensive than a cup of coffee and it's great that we see it in practice but to go fully nutcase and think the government is demanding BTC for its citizens balls eggs is just nonsense.


So are Costa Rica and Guatemala, with just 12 countries on the continent it will be a wonder for South America to lead the pack in a number of counties legalizing Bitcoin but don't expect people to dwell that much on the subject, if the name sounds exotic then it must be somewhere in the Amazon.

Crypto innovation?
What has Kraken or Binance innovated? One hundred types of trading and leverage and shitcoins in order to fleece you to the last penny in shitty deals and fees?
Binance's greatest innovation was having 7 shitcoins posing as Bitcoin over different chains.

Segwit is innovation, LN is innovation, Bisq is innovation, all the above crying in fear of losing their fees CEX are nothing like that, they are one huge step backward where the whole thing of denying a third party control is forgotten. There is nothing lost in advancement and in creating new stuff if all the CEX go bankrupt, they are the ones hurting innovation and they are the ones painting a fake narrative on cryptos, making them look more like easy money and ways to get rich than what they were supposed to do normally. No entity that works on the principle of taking your coins and not guaranteeing their return should even dare to talk about hindering crypto progress and decentralization, they are the ones keeping the entire environment in still a bank-like stage with centralized solutions in charge of your funds just like banks.

The merchant wills still have to pay extra.
He will receive thousands of inputs that he must either consolidate or send to another address to pay its suppliers if he can do that in BTC or to cash out in $ if that's his only option so roughly he will still need to pay almost the same as the client in order to use that money.
It's a small thing everyone forgets but if you're looking at hundreds of small-value transactions he might end up paying more than 1%, way more, on top of what the client pays so it will lose any advantage over other payments. Clearly LN is the answer here not on-chain tx.

Clear? Not for me, care to elaborate?
One is 700 years old and one is not even 200, and it's not in the order you think it is.


The Red Cross simply got this symbol because it was established in Geneva at the initiative of  Swiss citizens so they simply used the flag of the country where they did it. The Turkish flag, for example, has the same relation with the Red Crescent and as you can see in that table there is no trace of it in the top 20 countries, Israel uses also a different design based on their own flag.
Just like the guy above you've got it backward.


One thing about this, it was a cosmetic medical procedure:
Dental and cosmetic surgeries are the top reasons for these trips, so it's not like people go there only for life-threatening procedures and more for ones that are not that needed. One article claimed that every 1/20 is a breast augmentation procedure, so this would paint a completely different picture.

It has become a bragging thing, nobody uses banks, nobody uses CEX, and everyone is keeping his coins in cold storage but the moment you change the question everyone has 3-4 accounts on CEXs and do daily wire transfers to cash out profits! I always laugh when I see those kinds of statements and the silence that fallows the question of how they have bought their coins or how they pay for p2p deals.
As much as we would like to dream cryptos haven't put any kind of serious dent in banks' profits, more over they have allowed them to earn millions in fees.


Disaster? No! Or at least not yet!
To label that as a disaster it would have needed a full collapse and no FDIC limits payments, but all was contained for now, emphasis on for now.
A lot of enthusiasm for the price going the right way as it should have after the news but it didn't trigger "adoption", more like speculation on those wanting to earn some quick bucks on the news after this prolonged bearish period.


Banks can't deposit every single penny in a reserve fund because if they would do that they would be unable to operate not be able to attract deposits with interest above the markets and on the other hand they would be unable to give out loans either. They have turned into something different and are no longer that much of a place where to keep your money safe and more a combination of payment gateway, quick loans cc provider, and every other kind of service with less and less focus on safekeeping. No, with the current model banks can't be made fully one hundred percent safe and they will never be, so either trust them at most with a sum under the FDIC limit or not put a single penny in it if you're that much concerned.

Most of those topics are merit fishing, they are full of useless advice because the ones that make them are trying to make it look merit-worthy more than actually informative.



This!

Bitcoin is a tool, that's what I love and I always told people to love it!
You use it as you like it, as you wish, you want to trade be my guest, you want to store coins for 10 years nobody is stopping you, you want to send remittance with it just do it, you want to hide money from your wife and pay for some nasty porn, your choice man!
Unfortunately too many forget this and think Bitcoin comes with a user manual, no, use it as you like for your own for your needs, and each individual has different needs and different perspectives on both freedom and security.

Billions are using debit cards and I doubt more than 0.1% know how is information from a piece of plastic is linked to a bank account, but they use it nevertheless and don't care and haven't had a problem with it, you don't need to a be a genius cryptographer to use bitcoin either and most likely you will never need that knowledge. More than that, I think that overcomplicating the whole newbie experience with tons of info is doing more harm than good to general adoption.

Biowaste and biomass, are slightly different things so trying to keep this simple

- biowaste as in manure is highly inefficient, has huge costs, even with government subsidies is a pain in the ass, can't work on a large scale, and on smalls scale <100 heads it's losing money even if you put them side by side with European prices, thus mining on on it, forget it!
Been there, done that, we keep doing this just because the government is forcing us and they are paying us for this fiasco, plus there are fines for not participating in it and leaving manure in open pits.
- biowaste as in garbage - highly unpredictable unless you're talking about a medium-large city, comes with tons of environmental permits for every single step, again, unless you go big you are losing money compared to the traditional stuff coal and gas.
- biomass as in growing your tree or crop to burn it, again works only with government subsidies that pay us per ton for our poplar and black locust, this is because black locust are getting a hefty subsidy for the bees they sustain during spring early summer.

So, as much as I dislike solar probably I would try that instead of biofuel or biowaste or biomass or whatever bio, but of course, I'm talking here from an EU perspective.


700KW?
Hmm, 0.03ton a day per head, 1:40 gas generation with straw leftovers, 60% efficiency in transforming it, and it still goes into thousands around 5000 if my math is right at this hour. Doesn't match the idyllic view with one huge patch of grass and 20 sheep grazing along.