It became known about a number of powerful explosions in Iran.
You mean the magnitude 4.7 earthquake affecting Turkey, Iran, Armenia and Azerbaijan? lol Iran's region includes Khoy, Tabriz, Rasht, etc. Also, more than five Iranian military bases were bombed, and there is even a chance that the infamous factory that produced the very "shaheeds"
It is Shahed not Shaheed. It is also not manufactured in middle of a city of Isfahan. It also was one structure with civilians in it not 5 and it was a terrorist attack using tiny drones (Quadcopter) which interestingly Zelenskly got too excited about and showed support for the terrorists before finding out that it had failed. It is really eye opening to know where Ukraine stands when it comes to terrorist organizations. It also gives Iran the internationally supported retaliation. The US bases in Syria were already bombed last week leaving it with 14 casualties, and the company building the Quadcopter is the next legitimate target alongside the terrorist organizations involved in the attack and those who showed support ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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^^^ I am curious to know from where the gas supplies will be sourced. Right now, Azerbaijan is the only source and most of their gas supplies are contracted to Turkey. There are other potential sources and the most important one is Turkemistan. But their gas supply is under long-term contract with China and Turkmenistan is not in a position to antagonize Russia at this point. Iran can be ruled out, due to geopolitical considerations. Then we have some undeveloped deposits in Egypt and Cyprus. But it will take at least a decade to develop these deposits.
Turkmenistan is not the most reliable source, their usage is already high enough that doesn't leave that much for exports. Iran is already selling some small gas to Turkey which Turkey resells part of it to Europe and I don't see that increasing as you can already guess why. Russia is also already a source for Europe whether through Turkey or other middle countries or through LNG. Azerbaijan is also not that reliable since the regime in Baku is too unstable and riddled with a lot of problems internally. One source you missed was the separatist controlled Iraq-Kurdistan but those hopes went up in smokes a couple of months ago when Iraq military took back control over that region...
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The questionable decisions of cabal behind the Federal Reserve is another debate for another topic. But the point is the demand for the U.S. Dollar among the economies that aren't sanctioned still have high demand of the U.S. Dollar. Why? Because of its spendabilty, saveability, and liquidity. The Chinese Yuan, the Russian Ruble, or any new fiat currency the sanctioned economies could issue in all three characteristics.
You are arguing about replacements and you are right. Other fiat currencies suffer from the same flaws as US dollar. But your arguments are confirming my claim that countries are not willingly using dollar! Forced to use it or not, it's necessary to use it for international trade. Do you believe if Russia wasn't sanctioned, it would stop using the U.S. Dollar? Would Venezuela? I believe not.
Yes because the discussions about replacing US dollar didn't start after Russia was sanctions and Russia is not the only country that is seeking replacement. For example both SCO and BRICS are organizations created to oppose the US hegemony (specially economical hegemony). SCO was found in 2001 and BRICS in 2009. Some of the countries in these organizations like Brazil are not under sanctions. P.S. El Salvador wasn't under sanctions when they found a replacement for the dollar called bitcoin, they are under sanctions now though ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Why do people act as if World War III is a possibility all the time.
It is not a possibility, it is already happening. But unlike the previous two this may never turn into a large scale armed conflict because everyone and I mean everyone knows that it would lead to nuclear annihilation which is why Russia and NATO are fighting a proxy war instead alongside half a dozen other types of war (economical, energy, food, biological, etc.).
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EG encrypting a song. then hash the encrypted file to have an ID that represents the ownership of file. where the transaction also includes a way to move the de-crypt file key aswell as ownership permissions use the hash in a NFT platform to trade. whereby. the owner/permissioned user gets the key to unencrypt the file and use the content
Easily doable using bitcoin and a decentralized platform (similar to OpenBazaar that I mentioned earlier) and with no need for a token. People go on the platform, buy the decryption key using bitcoin and receive it to unlock their song. where by anyone found with an unencrypted copy of the song, without a key. can be sued. (yep it makes court evidence of IP, copyright fraud easy to judge and prosecute..
LOL There is a massive pirating world going on that trillion dollar industries haven't been able to "sue" to this day with or without evidence.
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That's not even to mention how useless the NFT idea is as a whole.
I have to chime in and disagree with you here. While I agree that the whole NFT hype bubble is ridiculous, I won't say it is useless. I think NFTs have immense potential in the music industry for artists. The artist usually receives less than 50% of revenue from using streaming avenues and this is being a best case scenario. For selling their music, they receive less than 20% of the revenue and that does not include the costs they outlay on production. I think for music artists, cutting out the middlemen is a great use-case of NFTs. For art it has some use case too, such as the rights to ownership. The problem you are describing is about centralized platforms and the companies behind them that are taking advantage to make money. The solution to this is to publish their music on a decentralized platform and cut the middle man as you mentioned in the last line. Something like OpenBazaar. But using NFT is not doing either of those things! With an NFT the artist is still publishing their music on a centralized platform and only creates a token which they claim is linked to that music! So the middle man is still there, they just add an extra step to make additional money by selling an unrelated and useless token. In simple terms, the music is not the token. The token is just a hash/script or basically an arbitrary data that can not be used itself. Hence why the token itself is useless.
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the whole "backward compatibility" softening of consensus years ago has its disadvantages if nodes are not part of the vote nor even validating data.. then that is a bullcrap feature the whole idea of fullnodes validating fulldata across the network is the whole point of bitcoins invention.. which has been ruined with this bypass trojan generator in 2017
That's nonsense. Full nodes have never been part of the voting process from day one which never changed either. It has always been 1 CPU 1 Vote (aka miner with actual hashrate) not 1 Node 1 Vote. The reason is pretty simple, there is no way to know for sure the IP you connect to is actually running a full node or is faking it or is one of many IP addresses linked to a single node (in other words you can run a single node but with many IP addresses pretending to be that many). You also seem to be ignoring the history. The first soft fork (with backward compatibility) if memory serves was BIP16 (ie. P2SH) which happened over a decade ago in early days of Bitcoin. P.S. Your arguments regarding "validation data" is also weak. It is like saying "SPV clients not validating anything is a bullcrap feature" too. It's a good feature that allows users to continue using bitcoin and running a "semi full node" until they get around to upgrading instead of being punished and have everything stop abruptly after the hard fork and be forced to upgrade.
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Other crypto is useless and nobody is using it. Therefore their mempool is always empty and transactions are getting processed fast and cheap. Bitcoin is the King. If you don't understand it - HFSP. ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It's interesting to know that majority of altcoins have severe flaws that are only found when their usage grows even by a little. For example you could see their fee rate shoot up by a tiny bit of increased usage like what happened to bcash, ethereum, etc.
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Sorry to ask again the USB which am suppose to burn the OS should be an empty USB flash drive or hard drive right? or it can just be any USB that is not read only ?
Since the USB disk needs to be formatted, you have to create a copy of any data you have on it before you use it for Linux. You would also need at least a 4GB disk for most Linux systems. A portable hard disk would work too but again the data on it would be lost.
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They're already discouraged from the main layer, as it's too expensive.
It is more accurate to say it can become too expensive otherwise the 1 sat/vbyte fee that is paid most of the times is not expensive at all and that's the problem. They can abuse this very cheap cost (cheaper than ETH fees) to spam and increase it.
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are you bullish or bearish on bitcoin and why?
I'm always bullish on bitcoin regardless of what is happening to the price because I see the long term charts not the short term. Imagine you could buy bitcoin at $400 right now, would you not be bullish on it. $400 was the price I started with and it got dumped all the way down to $150 but nobody cares about that now that price is $20000. As for short term (yearly trend) we have a lot of positive signals that could turn this into a the big bull market that we are very familiar with so the hopes are up. But we also have negative signals same as 2022 but the difference is that they are not new (recession, etc. that has been going on for a year now). So they may not be such big deals.
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Not really sure how a change in the dollar bill's physical design could significantly improve a country's economy lol. It's literally just a cosmetic change.
As for the British government — idunno, apparently they're allies, but probably no biggie.
I'm not very familiar with Australian history but I think it was in the 80's when Australia started moving towards stopping to be a British colony! And that movement damaged the economic relations between Australia and England. This is a tiny step but similar to the same thing and I believe that is what OP is asking. BTW it is not just a "cosmetic change", it is a big statement of independence by a nation of 26 million.
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Although I understand the debate that the U.S. Dollar's excessively high "privilege" might be fading away, saying that "the Dollar has no reason to be used" is an extremely flawed statement. It's not that simple.
It probably is true for sanctioned countries like Russia, North Korea, or Venezuela, but for the rest of the world, the U.S. Dollar is still the Global Reserve Currency that they are willing to spend/accept, willing to save/hold, and that's easy to obtain.
Do you honestly think a currency that has been getting printed without them caring about the consequences of the high inflation it is causing to all those countries that have it as "reserve currency" has a valid reason to continue being used by those countries? I don't think so. In fact from what I've seen no country in the world wants to use US dollar but the problem is that they are forced to use it. A couple of decades ago even Europe tried dumping dollar and get rid of it but they were whipped into submission and were forced to continue using it when US forced Petrodollar nonsense on them. A lot of other countries over the decades tried dumping US dollar, they were also whipped into submission or got invaded and had their country destroyed.
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a "fair-game for miners to censor the crap as a form of discouragement." Of course, he had to retract it in the name of Bitcoin being censorship-resistant and permission-less.
It is a terrible idea to be left to miners to do such rejections, the correct way is to leave it to full nodes to reject these types of spam transactions just like they do many other types of spam transactions. It also has nothing to do with censorship resistant, etc. and you never see anybody complain about those transactions being rejected! I repeat what I said in other topics, the Ordinals attack has to be treated as non-standard and full nodes should reject these transactions.
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Full node developers should get to work and non-standard that to prevent such spams from growing on the chain.
Or we just leave it as is, as it isn't harmful for non-NFT users? That's debatable. Remember a couple of years ago when fees were so high that everyone was complaining? That was the result of the biggest spam attack bitcoin has experienced in its short history. A big chunk of that spam attack were altcoins spamming the network as a method of mining their shitcoin! I'd say that is enough harm for us to do something about such attacks like Ordinals on bitcoin before they become a threat.
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the taproot soft fork was pushed too fast, unlikely past soft forks with over 95% of consensus.
Not at all. The time it took for its preparation process (proposal, implementation, review, testing, deployment) was longer than most soft forks and the threshold was also the same as other soft forks. on layer 1, with the introduction of ordinal,
Just because someone is exploiting the new protocol doesn't mean the whole thing should be removed! Taproot is already offering a lot of things from the Schnorr signatures (aggregated signatures, faster verification, batch verification, etc.) to all the new things we could do with Taproot. Not to mention that the solution is very simple too. The same way we have been preventing such garbage data to be pushed to the blockchain, by introducing standard rules that prevent such things! That also doesn't need any kind of fork. After all this is how we prevented people from doing a similar spam back in 2010 IIRC by introducing standard rules that rejected non-standard outputs (eg. scriptpub that contains the big ass JPG file).
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In addition to that, I'd recommend using Tails instead as you avoid some risks.
Yeah that's a good suggestion. I usually suggest Ubuntu because it is a very popular distro and has a general purpose so it is very versatile. The popularity also means you can find any questions you have that are specific to this distro very quickly online. I also prefer downloading, verifying and installing Electrum myself instead of having it come with the distro. The other problem with Tails is that it is designed to not-have persistence (although you can go around that by putting some effort into it) which is something you need if you are setting up your own storage device.
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I'm not suggesting that we should disable every single limit most clients have by default, but I'm just curious to know when we consented that line. Because as far as I know, developers drew a line in non-standardness and users followed later on without much debate. For example, what's the explanation behind the limit of OP_RETURN at 80 bytes by default?
Furthermore, standardness being what safeguards the system is flawed in the first place. Consensus rules protect from whatever. There's nothing stopping a group of miners from setting up a market, or just sharing their node URI, with NFT users, wherein they bypass the non-standard rule of dumping transactions with Ordinals etc., normally having their transactions included into blocks. And that's even worse, because now regular users don't see how much filled the mempool is, and the fee they select will not correspond accurately.
In fact there is pretty much only incentive for miners to disable most non-standard rules.
Some of the standard rules are meant as "soft discouragement" to encourage people to seek better solutions that don't harm Bitcoin (like the OP_RETURN limit). For example the NFT guys could easily create a side-chain that is secure by merged-mining which would in turn provide a much better market (incentive) for miners to make money while securing that side-chain without "attacking" bitcoin.
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@BlackHatCoiner raises good points but we should draw the line between being censorship resistant and having no limits and allowing everything. As a matter of fact, Bitcoin is filled with limitations. Limits in consensus rules such as number of allowed sigops, block size (weight), max op count, etc. and a lot of standard rules on top of that such as size of OP_RETURN. All of these limitations are designed to keep the system healthy and we should fight to keep it that way.
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At the same time, the United States (remaining in a position above the fight) does not bear any economic, financial, or reputational losses. This ensures that the US dollar remains the world's reserve currency.
I disagree. US may not have been affected nearly as much as Europe has, but the effects are clearly there. The increased inflation in US, the increased cost of living for Americans and the interest rate that the FED keeps raising to try and slow down inflation but mainly fail. On top of that US national debt keeps setting new highs every second ($31.5 trillion right now). Currently, the US dollar has no competitors.
CNY? Euro? Swiss frank?
US dollar also has no reason to be used. The replacement depends on who is trading with whom. If for example Europe is trading with Russia, they have no reason to use dollar. They use their own currencies (meaning both Euro and Ruble). Same with China. If it is the SCO members trading with each other they will use the currency that the organization comes up with. Same with BRICS. Obviously all of that won't happen overnight but we are heading towards that direction. Many European countries are already paying Russia in Ruble buying their energy (eg. LNG imports). Over the past few days, Iran has already paid the price for deliveries of its drones and possibly ballistic missiles to Russia.
What is this about that I've seen you mention elsewhere too?
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This is my take: I don't get the bad part. All I know is that blocks contain information. Whether that's financial or arbitrary is none of my business. Each byte comes at the same cost, regardless of how it's used. I noticed a lot of toxic response to this Ordinal theory, especially from some Twitter accounts like this one. Some Bitcoiners appear to impose their morality upon how the protocol should be used. Do I need to remind that we're talking about a freedom protocol here? We have spam attack then we have spam attack with an incentive. This is the later. In a spam attack when someone is pushing garbage into the blockchain (as it is a "freedom protocol") the fee market kicks in and increases the cost for them. They won't have the incentive to continue pushing the garbage to the blockchain. When there is incentive (meaning a useless token with actual price that they can sell for real money to cover the cost of the spam attack) then the fee market is only harming the real regular uses trying to send bitcoin around since the attacker is earning money to spam the network. This is not the OP_RETURN discussions at all. This is that altcoin that used to be "mined" by pushing its hash into bitcoin chain. As long as it was being pumped, they spammed the hell out of bitcoin blockchain and as soon as it got dumped the spam died too. What were the OP_RETURN wars about? Making large OP_RETURN scripts non-standard? How so? What's the problem?
AFAIK it was from back when people were starting to use scriptpub to push arbitrary data with any size to the blockchain. That created chain block and chainstate bloat (the node had to load all that unspedable data to memory). Then they introduced OP_RETURN and its rules as a "prunable output" to be used when you want to push arbitrary data to the chain.
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