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Banks have to allow their cards to be used with Apple / Google / Samsung / etc. pay. Beyond that they can also dig into specific devices and model lines.
If you poke around you will see at times that people are complaining when they switch devices that the card that worked with their Samsung phone and watch no longer works with their Apple phone and watch.Or it's still the same phone but they got a new fitibt and it worked with the old one but not the new. Most of the time it's not a big deal, just take another card out of your wallet and use that one. Other times, like this when you want to use a specific card for a reason you are just out of luck.....
-Dave
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No the import tariffs are be paid as the products enter the country. They are already in the price.
Now they have to charge sales tax too. The only good thing about it is that is a domestic ship so you should get it in a week at most.
However if difficulty and BTC price remain flat you are still a year out for paying off the cost of the miners even with free electric.
Still not a great deal.
-Dave
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In addition to all above, they also did not move the coins enough and use other people (mules) to do it.
Not a lesson in crime here but if money goes from A to B to C to D to E before going back to A it's a more difficult to prove.
It also costs time and money.
-Dave
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Is there a way to reload cards with more money somehow?
I heard they are planning to increase limits from $250 to $1000, so that is not bad news at all if it happens.
btw did you pay any fees for transactions and payments?
No to the reload and no to the fees. Outside of the original cost of getting them there have been no issues. I was using them to get some motorcycle parts from websites that were using a processor that I have had issues with before. But I bought $50 cards for purchases with shipping that came to a bit less. I just wanted the rest of the funds off the cards. Wound up adding them to my 7-11 app and got some overpriced snacks. -Dave |
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See if sudo journalctl -n 10000 | grep electrs shows you anything. From what I saw with a quick read you can set the log level and location in the config but that should find it. Did you build from scratch or are you running a prepacked node setup? That may change the location / level and even availability of the logs. -Dave |
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How long do the outages last and how much space do you have? There are many places now selling things like the Tesla powerwall. More for commercial / semi-commercial environments then for home use. In the end they are really just BIG battery backups but they are using old lithium car batteries so for the power they produce the cost is less then going out and buying a massive Schneider Electric unit https://www.se.com/ww/en/product-range/22545656-galaxy-vl/?parent-subcategory-id=8030#overviewThere are also solutions that just let you chain a large number of regular 12V car batteries together. Not as efficient and it takes up an insane amount of space but they do work. All depends on where you are and how much you want to spend and how much space you have and how much time you want to spend maintaining it. -Dave |
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I don't know electrs or how it is setup out of the box, but electrumx does allow for a fair amount of logging.
With electrumx I can see your IP, what addresses you are checking and if you send a TX I again know your IP and have the information about the TX.
That is what people are talking about. It does not send that information anywhere but you as the server operator can still see it.
I *think* electrs does the same. But I never looked.
-Dave
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Working it a bit backwards. Since you have the address that the BTC went to, you can see then address / addresses the BTC came from. Most major exchanges have known wallet addresses. If that address was funded from one of them you might be able to contact them and they can contact the person who the funds were sent to. It's a long shot but you never know. NOT LEGAL ADVICE but according to Wikipedia: In Victoria, the Victorian Crimes Act[9] defines this crime by exception "72.3(c) A person's appropriation of property belonging to another is not to be regarded as dishonest if he appropriates the property in the belief that the person to whom the property belongs cannot be discovered by taking reasonable steps.
If you can't trace the address and the police don't have a "paper wallet" listed as stolen or missing. Then it's probably yours. If you are worried you can always sit on the funds for a while before doing anything with them. -Dave |
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Insurance.
Unless you are funding it all out of pocket interest on borrowed money.
Might be a small point but if there is a dip again in price you will want funds available to cover operations till the price rebounds. If you are living 'paycheck to paycheck' (block to block so to speak) and the price dips do you really want to sell on the dip because you have to pay bills.
Also remember unless you have an agreement in place you are loosing a certain percentage when converting to fiat.
Going to need a tax person and possibly a lawyer.
I'm sure there is more as you get bigger.
-Dave
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It's all going to depend on location. You are going to get wildly different answers depending on where in the world you are.
Followed by it's also going to vary based many other issues too. Running new equipment in a nice clean facility with good power and cool air is going to cost more for the facility BUT your labor costs are probably going to be less since things should be running better and need less hands on. If you have 2nd or 3rd hand equipment running in a converted warehouse that can't keep up with the cooling along with power issues you may need someone there daily.
I have about a dozen miners running in a DC that we still have spare space and power in. I get an alert when one of them goes offline or it's hashrate drops but more or less since all the equipment has been well taken care of other then an occasional remote reboot there is nothing to do.
-Dave
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If not, lets discuss other ways of doing this and stop complaining about one that for whatever reason does not want to anymore. I appreciate your point, but I won't. If Wasabi change their branding from a "Privacy Wallet" to "OFAC Compliant Blacklisting Wallet" or something similar, then sure. But as long as Wasabi keep lying to the community and advertising themselves as something they aren't, then I will continue to call them out. If people want to continue to use Wasabi despite all this, then that's fine. The beauty of bitcoin is that anyone can use it in any way they want to. But they at least deserve to make an informed choice, and if we all stopped complaining then the likelihood is that no one would ever know about Wasabi's censorship until it affected them personally. I appreciate the sentiment but if you are going to go after every wallet / service in BTC that is making false claims you are going to have to look into cloning yourself to get it done.  I *know* privacy is a hot button issue for you and I understand why you are doing this. But, I think it would be better to push one of the joinmarket implementations then spending time pointing out the many flaws of Wasabi and what they are doing. Keeping the knowledge of what they are doing alive and up front is good. More of the fix the problem not the blame theory. -Dave |
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Campaign/bounty management is dirty business..
It's a fine line but I think bounty management is a dirty business. Campaign management MAY be a dirty business depending on how it's done. As a rule bounties are paid long after weeks of work are done with tokens / coins that may or may not ever be worth anything. Campaigns tend to (not always see the 777coin and others) be paid a few days after the week is up so it's usually more evident a lot more quickly if something funky is going on. The other issue is that people don't tend to look. And I will stand sit here and fully admit that I am in that group. Royse777 reached out to me and asked if I wanted to wear the avatar and I said sure. (1) it was not that much money so even if I didn't get paid it would not matter followed by (2) I was not doing anything with my avatar at that moment and (3) I had dealings with him before so I didn't think much about it. Same with you eddie if you said wear this for $20 I probably would because (1) it's not much. (2) I'm still not doing anything with my avatar and (3) we have had dealings before and you did what you said you would. So it then comes down to disclosure. Royce did not tell me in the message that he was involved with the casino. On the same note, I didn't ask or look. So, if you came to me before this happened, yes I would probably not look or check. Now..... As for the red tags I don't think he is going to get anymore. I was going to let this entire thing go without comment, but have gotten some pokes from people because I was wearing the avatar. So for those people who have poked me with an obvious agenda, here is your post. And no I will not tag him. -Dave |
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Has anyone been able to add these cards to Google / Apple / Samsung / other pay?
I have gotten a few and now have a dollar or 2 left on them with no easy way to spend it. But since it's trivial to use one of the tap to pay services to partly cover physical payments in a store I figured that would be a good way to burn off the last of the money.
It did not work on my setup (One Plus Nord & fitbit) but just about no cards work with that combo for some reason. Keep giving security errors except for Amex.
But that's a rant for the XDA developers board......
-Dave
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I didn't know about this regulation because it seems like a US thing, and I've never had a US bank account. To be honest, I'm finding a hard time trying to understand how it works because it seems that it doesn't apply to al cases and that it was suspended for the time of the pandemic (and remains suspended) but some banks enforce it anyway. And it's only for savings accounts, right? I agree it's all easier with Bitcoin and bank fees can be ridiculous, but Bitcoin also has transaction fees which might amount to solid sums from time to time (although not over the last year or so), but it seems this regulation only applies to certain types of withdrawals, on a particular type of account, isn't enforced on the federal level (it's enforced only by some individual banks), and the fee also varies greatly.
From my understanding it's one of those things that was logical at the time, but times have changed but the rules stayed. Go back in time before there was an online never-mind online banking. You had checking accounts, and savings accounts. (yes there were other types but that covered most accounts in the US) Savings accounts used to pay really good interest, we are talking double digits. Checking accounts paid no interest or very very minimal. There were no instantiations ACH transfers like we have today, no call your credit card company to make a payment over the phone. Nothing like that. You either mailed a check to pay a bill or want to the bank that did your credit card / mortgage / whatever and gave them some cash. So they drew a line. If you wanted money to pay bills you took it out of savings and put it in checking. In theory, if you paid bills once a week. You could go to the bank, take money out of savings and put it in your checking and then go home and write checks to pay those bills. Online banking, more things paid by credit & debit cards, low interest rates, and a host of other things have changed the banking dynamic. Bur the rules was never changed. Most people don't really care. There are obviously some that do, and sooner or later the rule may be changed but I don't see anyone rushing to do it. But if you take money out more then 6 times a month is it really a savings account where you put money int to save, or is it now more like a checking account with money going in for the sole reason of taking it out to pay bills. -Dave |
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anyways,
fiat(money) is not fungible
getting fiat from a relative on random occasion in small amount= gift= no tax
getting fiat from a relative after death in large amount= inheritance= inheritance tax
getting fiat from a employer = income tax
getting fiat from customer for a product = sales tax
getting fiat from an investment = capital gains tax
keeping alot of fiat after bills = wealth tax
keeping fiat in a family/corporate trust = capital gains tax
use fiat to buy property/shares = stamp duty
businesses that keep fiat after costs = corporation tax
have a low income or a basic personal account = low ATM withdrawal amount
have a high income or a business account = service charges and subscription fees
using debit/credit card fiat = 'service charges' (sometimes customer pays sometimes merchant pays)
(the list goes on)
... https://money.cnn.com/2013/02/28/news/economy/illegal-income-tax/index.htmlOld but still relevant to this. Makes you wonder how much work by the government is really going into tracing crypo for 'getting criminals' vs 'getting out (tax) cut from transactions' Sales tax, income tax, and so on. Yes, not paying taxes is a crime, but that's not the point I'm making here. As for this Wasabi mess. Like many other things, some people will still use them because they don't care. And if that works for them fine. Some people will stop using them. And that's fine. Others never knew wasabi existed and will continue no to know that it exists. And that's fine too. There have been and still are ways to bury / mix coins depending on what services are available where you are depending on the amounts and time you want to put into it. Also, there are different things different people want to do with coins, and you know what that's fine too. Wasabi made, in what a lot of think is a crap decision, and are now using crap reasons to justify it. Time will tell if it works for them or not. Going back to what I said when n0nce posted the 24 questions thread: Is anyone really surprised at the answers? They did what they did and now are forced to defend their actions.
We can spend hours picking apart what was said but in my view it comes down to "This is what we are doing, if you don't like it let me show you the door [points] there is the door"
If you really want the coordinator code is out there and open source. Set one up and put your money where your mouth is as start running a better funded one. If not, lets discuss other ways of doing this and stop complaining about one that for whatever reason does not want to anymore. Sorry if this comes off a bit testy. -Dave |
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Look back in time to the 2013-15 altcoin boom and bust. Many exchanges did not survive that.
Then look at the 2017 BTC boom and the 2018 fall. A bunch of exchanges failed then too.
Same thing going on now.
And guess what. Sooner or later there will be a massive BTC rally and a 'new shiny thing in crypto' and a bunch of new exchanges will pop up. And then when the cycle turns (hint it will that's why it's called a cycle) they will implode too.
-Dave
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I am a bitcoin maximalist and the ColdCard is a Bitcoin Only hardware wallet, but I do wish they would integrate support for Monero's official wallet.
You will never have this for ColdCard wallet now after they changed their source code license so you can only view it and not fork it. Yes you can, I can, DireWolfM14 can anyone can fork it, clone it and do just about whatever you want with it. You just can't do it for commercial reasons. With that being said, it still goes back to what I mentioned earlier this week. -->This is not just about Coldcard, but all hardware wallets. Keep adding bloat and stuff will go wrong.<--
Evey time you add a coin, a feature, anything it's one more point of failure and vulnerability. Adding XMR fine, do it yourself. Want to add another feature go ahead. But don't have it in there out of the box (plastic bag) I still plan on getting a mk4 if my mk3 ever gives me any issues, no real point in replacing something that works. It's only 4MB of memory, but that's plenty for PSBT or wallet files. And, it's a whole 10% of the HUGE hard drive I bought back in 1989.
The 1st web server my company put together had a massive 4GB drive back in 1998. Now I have a magnitude more of RAM just on the caching controller that the drives are hooked up to. -Dave Side note, over the last 6 months or so I am really starting to see a greater use for the CreativeCommons license. Dealing with some things I have seen some pretty good pieces of open source software being run on shit sub standard hardware. And because this piece of shit CNC machine is running (not the real name) UltraMill 4 software. Then UltraMill CNC machines must all suck. To the extent that the UltraMill company is actually changing it name and all the new machines are running closed source dongle locked code. Not saying that this is the case here, but I am starting to see why it's needed now and then. |
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It's region based. Keep in mind many (most? all?) service do not do SMS in house. They are contracting a 3rd party service to do it for them.
If you are sending SMS all over the world it can get very expensive very quickly. So these 3rd party services have SMS gateways all over so it's more likely to be a lack text for them.
The good side is that it saves these services money. The bad....you have no idea who is seeing / getting access to the codes.
In a bubble it does not matter. In the real world if I have access I now know phone number 123456789 is getting texts from BTC exchnages.
Hmmm I wonder if any of the data leaks have that number and a username / password.
Or as others will keep telling you SMS is not secure, and as you are seeing. Not reliable.
-Dave
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