Unfortunately for most of the "left" world socialist economy means quite the opposite: Major state economic intervention, "command" central planned economy, absolute control (replacing the market with their own, whatever...) The opposite to what Bitcoin represents, which renders the State powerless in regards to money.

But yes, i can see anarchists liking it, others hating it, and some wanting to make their own variant. That's the point...

I live in a "socialist" country that denounces anarchism, while some urban-anarchists support it because "the right is worse"... And the result has been abysmal to the masses. None of the State officials are in need of anything, while most of the people are.

I visited a country where a wire transfer among different local banks can take up to TWO weeks, so no...

In my country, it would normally take about one to two working days, but we can't do any international transfers.

Bitcoin? A mere hour at most, border-less, tax-less.

Fiat and banks we don't need, they get in the way.

I'm not worried in the least. There is nothing governments or institutions can do to stop Bitcoin, the genie is out of the bottle...

If it is about adoption, then all is good. I'd like a country to adopt it as national currency, along with Austrian economics; that would be a tremendous world wide level implication and would accelerate global economy change away from Chicago school bad-practices (debt vs savings).

But the likes of India banning it is meh. Loss is on them...

Oh, and if you imply that this is somehow going to affect its price in fiat, hey, chance to buy cheap!

This depends on the investor. I wouldn't fall for the first two or three people's opinion. But everyone is entitled to their opinion. However there are guidelines to follow to keep things organized in the forum.

People in the Bitcoin discussion area can claim all other altcoins are scam. You can also write in the Altcoin discussion area that the only scam is Bitcoin. That is still your opinion, and yours alone, others are not in any obligation to follow you.

This section is not to discuss about any other Altcoin, its been like that for years, nothing special against tether.


Of course the forum made by the creator of Bitcoin is going to be the most known when talking about Bitcoin... Its a miracle this forum didn't disappear with him/her, and it would be a terrible historical lost if it did.

But let me tell you something, you are giving too much credit to it. Whatever is said or not in this forum, isn't going to affect Bitcoin. People's opinions are just that, opinions. The market might react sometimes to that, but i think Bitcoin own attributes is what is weighting more in an investor decision, rather than gossip.

Well technically you are supposed to vent your angst against the mods in the meta section, which is the place to discuss things about the forum itself. They can and probably will move/delete this whole thread on that technicality alone...

And yes this area is for general Bitcoin discussion, any other altcoins, including sv and libra must go to Altcoin discussion.

Also do not confuse user rank with moderation, user rank is just perks such as size of signature or avatar display, they don't get any moderating powers.

I know your feeling well, my perfectly helpful comment to you will be unceremoniously deleted so i hope you manage read it before that. I believe they even get paid for each "correction" so it works sometimes kinda like American police issuing traffic tickets.

Well in theory (filtered) positive pressure would keep the dust out... And your doors will want to open lol.

It isn't necessarily bad, you are just spending a bit more electricity forcing in more air than whats is needed.

Your network should really look something like:

Two (or more) modems (or fiber transceiver, whatever)

Two (or more) computers (Pc Engines embedded like devices do)

Your lan...

You can start with one of each of the above, but you want two for redundancy. Openbsd can do an excellent work here, using the links as fail-over, and using the second computer as firewall fail-over itself. This is the same configuration most business lans should use.

Of course this needs some software configuring. It might be possible to do with the likes of pf(opn)sense (since that uses pf, anyway) but openbsd is lighter and in my opinion, safer.

"Modem" directly connected to switch? bad. Modem should go to pc/router/firewall. And don't blind trust Microtik, an old pc with two nics can do much better (and you use two such PCs for redundancy).

You seem to be doing some redundancy inside, but are not paying attention to the outside.

I think the smartest move would be to make a miner as efficient as the S17 but half hashrate, thus half consumption and easier ventilation.

Two "halfS17"s that consume half and make half are as good as one. And that one is already taking two power plugs and 4 fans anyway...

But i guess Bitmain was starting to look puny next to the M20S concentrated power house so they went that way.


Efficiency, yes, but there is no need to concentrate that much power into a single unit.

I still think something like an S17 with just two or one board would be interesting to try, perhaps with a scrolling fan...

The code says 21 million, and 21 million will be. Even if some developers propose a change, it won't necessarily get adopted, simply because the nodes and miners won't like it. Stop with this nonsense already and learn how an economy thrives under deflation, you need to read the Austrian school of economics and start implementing their ideas. No other school gets it, specially not Chicago which is the currently implemented.

We will move from a quick but crash debt economy into a slow but steady savings economy, end fractional reserve banking, etc.

They can essentially be man in the middle and attempt to harvest your passwords, do phishing etc. And also attempt to install malware and execute known exploits.

Bitcoin can exist with or without government support. Its money that is out of control from the State, it can be useful to anyone willing to use a money that can't be manipulated by the State, or any private institution.

If anarchists decide to use it, its their choice because they studied it and found it useful.

They can also give a try at making their own altcoin, hopefully not deviating too much from Bitcoin. Community money isn't new, but crypto is far more secure.

As for Spain, one reason Franco won was the irreconcilable division between communists and anarchists. Another would be Hitler's aid... Spain went back to being a monarchy ever since the fall of the republic, a bit before WWII.

I'd rather read a book than watch a video about a book. Where is the book? Do you have a link to the .epub of it? If author allows, of course.

The same way its done in countries like mine under Hyperinflation: The prices changes all the time and has a limit, which could be a week, a day, or some hours. We live in the digital age, your menu could show price fluctuations of everything you sell in your shop all the time.

But some people are nice and are willing to keep their word longer, ie, that whole day no matter what.

Bitpay actually gives you just 15 minutes, that is a bit rude and extreme, but its a valid example.


I hope the cafe owner puts a big sign explaining he can't accept bitcoin payments until its legalized. Because this question is going to come non-stop.

These are valid attributes of Bitcoin, but there are some altcoins out there that don't fulfill all of them, and are easy to destroy. *Libra comes to mind first. So you can't use the world "cryptocurrencies" trying to be politically correct to the altcoins, when you know many of them lack the Bitcoin attributes.

Of course the thing with bitcoin is that people can handle their money without anyone else watching over you, so its arguably easy to evade tax. But perhaps the simplest solution to this is to avoid certain types of tax, like those that need a voluntary declaration, and stick to commercial transactions that are easily traceable such as buying and selling, etc.

Also it would be unfair to tax according to exchange rates, which can change dramatically in minutes. I guess it would be fairer to tax in some cryptos, such as bitcoin. (Ie. 1% of your bitcoin transaction, not "the fiat equivalent" at that point in time...) But indeed that still needs voluntary declaration of your bitcoin wallets, and that can't stop people from having hidden undeclared wallets...

Also technically speaking this is "money" that doesn't really enters or leaves the borders of the country the person resides in.
Well these areas have a lot to debate, and governments can study and find compromises that satisfy all parties, rather than outright ban it all, a war they have lost before even starting. Only 15 countries outright banned Bitcoin, after 10 years.

*How to destroy Libra: Arrest Zuckerberg, seize and shutdown all his companies, done.
Are you willing to risk investing in a coin that can disappear overnight? Nobody can destroy Bitcoin.

The beauty of Bitcoin is that you store "big" amounts exactly the same way you would with "small" amounts, so practice with a few satoshis:

Make a (cold) paper wallet.


I have written about this countless times, it basically involves a secure computer, it can even be disconnected from internet, using a secure operating system, preferably not installed, booting of optical media or usb thumbdrive, then create a wallet, which for speed purposes i tend to recommend the spv one, write down by hand a dozen words in a piece of paper that you have to keep very safe and away from anyone seeing or harming, preferably make (also manually) a second copy, and print your wallet addresses. After you finish this process you turn off the computer and end with a paper wallet that nobody can ever hack, unless they get hold of the 12 words.

Technically i would advise booting the Linux Distro TailsOS, and there use Electrum, to create the wallet.

You will rarely ever touch this wallet again, but when you do want to move funds from this wallet, you repeat the process like when you created the wallet, boot pc, open Electrum, but instead of create you will restore a wallet, using those words you kept real safe, do your business and shutdown.


The shutdown is important, because unless you haven't noticed, everything you did goes poof, except the existence of that wallet (priv keys) in the Bitcoin network.

You can play with hardware gadgets if you want, but they are not worth unless you are constantly using it to move funds. You could have such a device for smaller amounts and keep the big sum in the cold wallet, and always follow this protocol when handling it.

With Bitcoin, you are your own bank. Take it seriously, no excuses. Transactions are final, remember that.


If you are familiar with different OSes and wallets, be my guest. Technically you could use something like OpenBSD and the true Bitcoin core wallet running a node as well. Just please, for the love of God, stay away from Windows, OsX, Android and the like for the purpose of creating cold wallets intended to store important sums.

Yes, its intentional, don't use your favorite games and pleasure OS for serious business. 10+ BTC is serious and we have countless people coming to this forum crying over lost funds my making simple mistakes, thinking somebody can help them when its too late...

The area to report scams is at Service Discussion section, consider moving your thread there as this area is for general Bitcoin talk and not services using bitcoin.

There is also a Spanish language section if you want to comment in Spanish.

It might be that the service you are citing already has a thread here in bitcointalk, try searching for them and if they do, also write in their thread.

Sometimes people simply ask: "Is service xyz safe?" before risking any investments, ask here on bitcointalk at the aforementioned Service Discussion section of the forum.

This is the forum of satoshi, so having a presence and reputation here matters.

More traders looking at when it reaches bottom to buy, i wonder how low it will get? The Trump effect? Lol.

Just remember this:

Halving IS coming... (2020).

In the open, but some will do it underground. All you need is something like tor and a wallet like Electrum that uses it. Of course the biggest pita would be exchanging the fiat, but i guess it can be done in a close circle of friends rather than strangers.

If India wants to become country 16 against Bitcoin, so be it. The world will bypass around them, that is, wealth will bypass them. The people of India should tell their politicians how smart that move is...

And yes, some of the previous arguments, including government and institutional non interference, and nearly instant super cheap transfers worldwide, no matter the amount, matter.

Bitcoin is a virtual currency that lives in the cloud, therefore a "transfer" is the mere exchanging of people who have the keys that control them. What can India do against it? Shutdown internet? Let them try, it worked so well for its neighbor China (worlds largest Bitcoin usage).

See it this way: In the past, religion and state were one and the same. Proposing their separation would be akin to an act of heresy... And everyone in power would object to it, especially the monarchs who were blessed by said religion.

Think of it, what is the current religion of many? Money. Now we are proposing separating money from state, in a way, its a recreation of the past, and yes, they did oppose it...

Still the number of countries in opposition is surprisingly minimal after a whole decade. We should always take a look at wikipedia:

Legality of bitcoin by country or territory

Illegal in: Algeria, Egypt, Morocco; Bolivia, Colombia, Ecuador; Saudi Arabia, Iran; Bangladesh, Nepal, Pakistan; China, Taiwan; Cambodia, Indonesia.

Just 15 out of nearly 200 countries, 10 years after its inception. A system of payment made from the ground up, built to withstand governments and institutions, border-less, secure, intangible, yet verifiable unique. Its just math, essentially. Geek triumph?

Countries that ban it are fools, they are simply telling wealth to go elsewhere. Its like they are too rich or something, very ironic given most in the list are rather poor, but it does tell you one of the reasons they still are.

Because Libra is centralized, its easy to destroy. Bitcoin? You have no rich man, or company to go after, you can never catch its creator, and even if you did, you could never stop his/her creation, not even him/her can anymore. The genie is out of the bottle, there is no turning back, you can't undo history.

Embrace it and learn how to profit from it, or put your head inside a hole in the ground pretending it doesn't exist while the rest of your neighbors enjoy the benefits. Your call...

Perhaps, or it was a private decision taken years ago, maybe tied to the disappearance of the character. What decision? Losing the wallet private keys on purpose (burned coins). Or perhaps its in a time capsule of sorts. Could be a grand master plan, someone could suddenly become world richest person...

Whatever the case if there is no turning back then it might be for the better. Just look at all the drama with the faketoshis. Would there be friction with the current developers?.