Also, this should be accepted by bitcoiners that solutions should be created to produce better wallets to make it easier for newbies.
I haven't come across a wallet in recent times that hasn't forced me to record and reenter the seed. It has also made it very, very clear what happens if I lose the seed. Can't really think of much more they can do. If you don't pay attention then balls to you. |
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Tons and tons of YouTube stuff goes missing every day.
My likes and history list has masses of black holes in it.
Most YouTube crypto content is of course beneath worthless but some important moments must have disappeared completely.
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Typical boating "accident" for which Gold bugs are famous. I guess it scales to Bitcoin as well  Aye. It's a great way to keep dissing Bitcoin and simultaneously cover them track. Since his father was a fanatical tax dodger it fits the mould rather nicely. Is there actually a wallet these days that lets you open it without recording and inputting your seed? I haven't come across one for a long time. Edit - it's all Erik Vorhees's fault - https://twitter.com/ErikVoorhees/status/1219046141028982784And it's... 50 bucks worth? |
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Awesome--I just ordered a paperback copy of Digital Gold, as I have yet to read any books dealing with cryptocurrency. Since it was the first one that apparently came to your mind, I would imagine it's a good read.
It's a really good summary of the absolute beginning, if a bit too brief. I wish it had been more detailed about that as that's the period of time that really matters and it seems not all that many people here show much awareness of it. It hammers home how absolutely microscopic it was at the start. |
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Well, his crypto adventure is now over - https://twitter.com/PeterSchiff/status/1218911797626847234 Unless of course he's become a true believer in which case you have to publicly claim such things to go all the way. I don't give a shit what he thinks about Bitcoin. It's going to do what it's going to do. If someone like that hates it that much then say so once and devote your calories to more constructive ends. |
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I don't need to record that because all my transaction is recorded permanently on the Blockchain. Just seeing the transaction back in time which is crazy I collected and sold so many bitcoins at that time. If you want to see your history transaction just don't convert the amount into the current price especially the transaction that happened when the price was so low, just friendly advice.
If you take the actual time to read what threads are about your life will improve immeasurably. And yeah, OP, all that stuff is history in the making--I agree that bitcoin and crypto culture will probably be studied in years to come. I'd love to read the telling of it if a book is ever written.
The lightspeed at which it all moves makes the attempts so far look a bit naff. Digital Gold is a great read about the very early phase and then it gets bogged down in the Winkies arguing with Charlie Shrem over long dead companies. I keep meaning to get around to watching the Rise and Rise of Bitcoin again but it might feel painfully passe at this point. Stuff that seemed massive at the time has faded to complete irrelevance now. |
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I remember reading somewhere that some kind of legal nuance means their token can never be exchanged over, y'know, Telegram. That kind of erases whatever point or advantage there was in the first place.
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Sex is a puerile and animalistic urge that causes nothing but trouble. I had sex once. Or at least that's what they told me it was. I've scoured the internet and couldn't find anyone doing what I did. Everyone else looks like Daddy unblocking Mummy. |
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Maybe Gemini safe and sound investment venue but definitely not for all the people across world. I wonder Gemini has been into exchange business but not willing to expand their business out of America. Binance comparatively started late but trying to cover almost all the continents for fiat options for crypto trading. I mean to say whatever development Genimi is achieving or going to achieve in future, will not have big impact into this crypto space as they are doing business only for USA people and not exactly for crypto community. Please remember USA covers less than 5% of crypto adopters.
Binance are throwing a mountain of shit at the wall and hoping something sticks. In a year or two their services might all be gone or look totally different. Gemini are taking the opposite approach. They're being careful and methodical. They may take time to arrive in other places, they are in a few, but if they do it'll be rock solid. |
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Either for your own amusement or for your unborn clones? Do you diligently save sites, videos, discussions and previous software versions just in case they disappear from the internet for future reference? Is there actually any type of dedicated crypto archive out there? I'm not sure I can think of anything. No matter what happens to the entire scene the impact it has made will be studied for centuries. I wonder how much information will be available to the curious in the years to come. Here's the only snippet I ever bothered with. It took several hours of waiting but was a moment well worth preserving if only for my wank bank.  |
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The whole premise of fiat currencies is that it can be used to pay for debts public and private, i.e. legal tender. Passing this bill would essentially imply that bitcoin is also legal tender when it comes to public debts, which is something that I think has far greater implications than just the legislations of one state.
They could claim that legally it's not all that different from Visa. And ultimately it isn't. It's a method for paying with dollars, albeit a whacky one. Bitpay will be on the front end. It certainly isn't out the back. You're using Bitcoin to transmit dollars to them. Nothing more. |
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Tax levels are much, much, higher today than they were under the original vision of income taxes passed a little more than a century ago.
When you think about how all pervasive government has become it's quite staggering. It's in every single element of our entire lives. In some areas well over half the population will either by employed by government or is dependent on its handouts. I'm sure if you'd shown that to the founding fathers they'd fucking puke. It's gone way too far to roll back but having respect and prudence for public money would no doubt save vast amounts, let alone collecting it from the corporations exploiting the things government provides and weaselling out of paying their dues. Won't happen though. |
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But with new information - that people actually know about bitcoin already and they think "it always crashes", instead of the people FOMOing having just learned about Bitcoin and they think for sure its gonna keep skyrocketing forever, market forces could sway a bit. This could lead to FOMOing at a more conservative level, basically people get too scared because "it always crashes" so they pull out sooner rather than assuming its gonna keep going up because now they already know about at least one past Bitcoin crash rather than the only thing they know about Bitcoin is that it is going straight up and everyone is going crazy about it.
The people who are already here or know their stuff will be the ones who are out at the right ish time hopefully but even that's doubtful. Everyone else will be the same old toast. No newcomer comes to their senses just after arriving with dollar signs in their eyes. That's not how the average human works. Every new rise comes with a new justification in the minds of those who turn up. That's what inspires the classic 'it's different this time' and it never, ever is. |
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No reason to do that. Scratching my head
Maybe it's also a super rapid way to get onto their exchange, but it also seems like a super rapid way for them to freeze your account too. I would've thought somewhere that uptight wants nothing to do with cash. Ah well. No one comes out with a constant string of winners. |
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There will never be another world war. It's bad for business in a way it wasn't a few generations ago. Everything is now too interconnected.
There'll be brief skirmishes and endless wars fought between proxies. The only open warfare between larger powers will be economic.
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How did they get those messages from the article if their messages were PGP encrypted?
The transcripts make him seem as he's watching out for cyber security.
It crossed my mind that these could be fake.
He was arrested logged in to Silk Road with his admin account. That was what his entire arrest was planned around. They had to grab it before he could close or encrypt his laptop. Everything was on there and wide open to them once they secured it - his journal, chat logs, wallets, you name it. |
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It is just a fraud!
Insurance are going to compensate you in USD.
Insurance will never ever going to compensate you in BTC
I presume it has to be that way. But that's how most insurance works. You get the dollar value of whatever is insured. It would be interesting to see how clear they make this and the terms of any claim. Will the dollar value be frozen at the time of the loss? As far as I know this is the first cold storage insurance. Full marks to the Winkies for sticking at it and continuing to innovate even if they may go against the beliefs of many. |
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The truth is any predictions about Bitcoin price is like crystal gazing. The market is so unpredictable. I doubt that we will see 30k after/before halving. Maybe 20k but it's just my opinion.
Of course. No one knows anything. I certainly didn't expect 20 grand in 2017 and can't remember anyone else calling it either. What that tells us is that we need to be in a position to benefit from every possible outcome. Funnily enough the loudest and most certain people usually totally miss whatever boat by refusing to commit or hedge because they're convinced they're right no matter what is screaming in their face. |
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So no private keys
Hey, get with the plan. He said no private keys this time around. He said he might get them in the future. And the same goes for each and every one of us but we make less noise about it in general. I hope it's MEEEEE. |
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