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41  Other / Politics & Society / Binance, TRM Labs Crush ISIS Threat in Tajikistan & Turkey on: August 30, 2023, 06:13:46 AM
Binance teamed up with authorities to help arrest key ISIS members in Tajikistan and Turkey, demonstrating their commitment to fighting organized crime involving cryptocurrencies. They played a significant role in capturing individuals connected to an ISIS affiliate by analyzing a Telegram channel and locating a crypto wallet used by a terrorist commander.

This collaboration with Tajikistan's Financial Monitoring Department and TRM Labs underscores Binance's dedication to aiding law enforcement and using open-source intelligence to identify risks. While specific details are undisclosed, Binance's involvement has been praised for advancing counterterrorism efforts and combating crypto-related organized crime.

Impressive work by Binance. This is a win for counterterrorism and a win for the crypto industry. But at what cost?

Some people have raised concerns about the implications of Binance's cooperation with law enforcement. They argue that it could set a precedent for other crypto companies to be forced to share customer data with governments, which could erode privacy and security. Others worry that it could make it more difficult for legitimate users to use crypto, as they may be subject to greater scrutiny.

Is it worth it to erode privacy and security in order to fight crime?

Source: https://coinmarketcap.com/alexandria/article/binance-trm-labs-assists-in-arrest-of-key-isis-members-in-tajikistan-and-turkey
42  Bitcoin / Bitcoin Discussion / Re: Who Drives Crypto Prices? Is Crypto Really Being Adopted by Society? on: August 29, 2023, 06:11:59 AM
When it comes to the crypto market, it's pretty clear that speculation and the influence of big players have a role to play. But what's still up for discussion is exactly how much they drive those wild price swings. And while cryptocurrencies have this exciting potential to completely shake up the way we do finance, the reality is that they haven't quite taken off in everyday use just yet.

I gotta say, as this whole crypto world keeps changing and evolving, it's gonna be pretty interesting to see how these factors pan out. Personally, I think the real trick to making crypto a success down the road is finding that sweet spot between people buying them like crazy and actually using them for real stuff. Like, if you can use crypto to buy stuff or keep your money safe, then they're way more likely to become a regular thing for everyone. But if they just end up being something folks buy and sell without much actual use, then who knows where they're headed in the long run?
43  Bitcoin / Bitcoin Discussion / Re: WEIRD BITCOIN CONVERSATIONS AT GATHERINGS - SHARE THE CRAZIEST STATEMENTS MADE on: August 29, 2023, 06:02:14 AM
My favorite one was when someone told me that Bitcoin is bad for the environment because it uses too much electricity. I asked him how much electricity he thinks the banking system uses, and he had no clue. He just said that Bitcoin is worse because it’s not backed by anything. I laughed so hard that I almost choked on my coffee.
44  Alternate cryptocurrencies / Altcoin Discussion / PEPE's $16M Nightmare: Ex-Team Under Fire on: August 29, 2023, 05:45:10 AM
Three former members of the PEPE community are alleged to have stolen $16 million worth of PEPE tokens from the project's multisig wallet and transferred control to the only remaining member.

The anonymous founding member clarified the situation, explaining that the ex-team members stole the funds and abandoned the project, leaving control in the hands of the remaining member. The stolen funds were sent to exchanges for selling, while the remaining member and the remaining 10 trillion PEPE tokens are secured.

The remaining member is now focused on moving forward in the best interest of the PEPE community. This is what happens when you trust anonymous frogs with your money.

Source: https://cointelegraph.com/news/rogue-pepecoin-team-members-blamed-for-pepe-multsig-withdrawal
45  Other / Politics & Society / Re: Back to loss glory on: August 25, 2023, 06:50:50 AM
Those days were simpler, right? But times have really changed. It's true, privacy and individualism have become bigger priorities now, and technology has played a big role in that. While going back might not be totally possible, what we can do is find a balance between the old ways and the new. Let's remember the good parts of those days and also adapt to the present reality. It's all about nurturing a healthy and caring environment for our kids.
46  Other / Politics & Society / Re: The ukraine russia war it's not about ukraine or russia it's about eu on: August 25, 2023, 06:45:06 AM
You know, when it comes to war, things can get pretty tangled up with money and politics. It's cool to be in the know, but sticking to info that's backed up by facts is super important. And about that war affecting Europe's economy, it's not quite right to say the EU is totally done for or that Germany and France can't handle things on their own. Oh, and the idea that Greece isn't up for working with Germany anymore? Not exactly the full story.

Let's remember, war isn't just some game – it's real people's lives we're talking about. So, how about we aim for empathy and chat responsibly about this?
47  Other / Politics & Society / Thailand national airdrop highly likely... on: August 25, 2023, 06:34:05 AM
The appointment of pro-crypto, real estate developer Srettha Thavisin as Thailand’s next Prime Minister means a 10,000 THB ($300 USD) airdrop is likely happening.

The national airdrop would be provided to every Thai citizen aged 16 and above, with the condition that it can only be utilized within a four-kilometer radius of their residence.

The airdrop will utilize a national token rather than an existing digital asset or cryptocurrency. Vendors will have the option to convert it into cash at specified banks.

Thailand will now also offer a $1B tax break for firms issuing investment tokens... I'm telling you, the next best innovation in the blockchain space is coming out of Asia.

https://www.coindesk.com/business/2023/08/23/thailands-new-pro-crypto-prime-minister-was-an-active-crypto-investor/
48  Bitcoin / Mining / Report: Prices of Mining One Bitcoin Worldwide on: August 24, 2023, 06:45:31 AM
So, I stumbled upon this CoinGecko article titled "Household Electricity Costs to Mine 1 Bitcoin at Home, Around the World" (https://www.coingecko.com/research/publications/bitcoin-mining-cost), and honestly, I was pretty intrigued by it. They've got this report that lists which countries make mining 1 Bitcoin super profitable and which ones, well, not so much.

Without further ado, the top 10 countries for profitable Bitcoin mining are:
1. Lebanon - $266.02 (electricity cost to mine 1 BTC in USD)
2. Iran - $532.04
3. Syria - $1,330.1
4. Ethiopia - $1,596.12
5. Sudan - $2,128.17
6. Libya - $2,660.21
7. Kyrgyzstan - $2,660.21
8. Angola - $3,724.29
9. Zimbabwe - $3,990.31
10. Bhutan - $4,256.33

And the most unprofitable countries to mine 1 BTC are:
1. Italy - $208,560.33
2. Austria - $184,352.44
3. Belgium - $172,381.50
4. Denmark - $166,795.06
5. Germany - $163,336.79
6. Ireland - $159,612.50
7. Lithuania - $152,163.92
8. Netherlands - $137,798.79
9. United Kingdom - $130,616.23
10. Cayman Islands - $128,222.04

Here's a nice graphic.



They did some pretty serious calculations to figure out how much electricity it takes to mine a single Bitcoin. They considered eight different ways people mine, each with its own hash rate, and then they looked at how long it usually takes to mine one Bitcoin using each method. They used a mining difficulty of 53,911,173,001,055.00 as a benchmark. By the way, this mining difficulty thing gets adjusted precisely every 2,016 blocks, and how often it changes depends on how many people are mining and how powerful their computers are. They used CoinWarz Bitcoin calculator to keep tabs on all that. Check out the article for more info.
49  Other / Off-topic / Meta breaks privacy rules... AGAIN on: August 24, 2023, 05:41:58 AM
Meta, the parent company of Facebook, is facing accusations of violating European data privacy regulations in Norway. Norway's data regulator, Datatilsynet, has taken legal action against Meta, claiming the company harvested user data without proper consent for targeted advertising. This incident could potentially impact data privacy rules across Europe. As of August 14, Meta has been fined one million crowns (around $790,920 USD) per day in relation to this matter.

https://www.reuters.com/technology/facebook-owner-meta-breaks-privacy-rules-norway-regulator-tells-court-2023-08-23/

If I had a dollar for every user's data Zuckerberg illegally collected, I'd have almost as much as he does!
50  Other / Politics & Society / Pentagon to Allow Calculators in Military Entrance Exam to Tackle Shortage on: August 23, 2023, 11:19:17 AM
The Pentagon is getting ready to shake up the military entrance exam by allowing calculators. This change to the Armed Services Vocational Aptitude Battery (ASVAB) test aims to address the shortage of military recruits. Some worry that this move might be seen as lowering standards.

The U.S. military has been struggling with recruitment, with the Army missing its goal last year. This year, projections show potential recruit deficits in the Air Force and Air National Guard.

https://americanmilitarynews.com/2023/08/pentagon-lowering-recruitment-standards-again-report/

Recruits, get ready to solve for 'x' in 'extreme boot camp' equations!
51  Alternate cryptocurrencies / Mining (Altcoins) / Re: What cryptocurrencies mining can make profit now ? on: August 23, 2023, 06:37:41 AM
Other than the Antminer L7, you can also check out the Innosilicon A10 Pro+, Whatsminer M21S, Goldshell LT6, Goldshell LT5 Pro, or the Antminer L3+. Just make sure to do your research and calculate the profitability of mining Dogecoin before you buy. The profitability of mining can change over time, so it's important to keep an eye on the market.
52  Bitcoin / Bitcoin Discussion / Re: Will the launch of $350M crypto mining centre in Oman make a difference? on: August 23, 2023, 06:14:11 AM
According to a few articles, the new crypto mining facility in Salalah Free Zone is a state-of-the-art project that uses advanced hardware from Bitmain and hydro technology for cooling. It has a capacity of 11 MW and plans to expand to 15,000 machines by October 23.

https://www.cryptopolitan.com/omans-mtcit-unveils-massive-350-million-bitcoin-mining-facility-in-salalah-free-zone/
https://cryptonews.com/news/oman-flags-off-new-crypto-mining-facility-with-expansion-plans-as-country-bets-blockchain.htm

The facility is open to private mining farming companies, as well as individuals who want to use the mining infrastructure provided by the government. There is no profit-sharing system involved, but rather a fee-based model that depends on the power consumption and the duration of the contract.

I think this is great news for Oman, the region, and the whole crypto space.
53  Bitcoin / Bitcoin Discussion / Re: How long can Bitcoin out perform inflation in the long run? on: August 23, 2023, 06:00:41 AM
This is why I DCA. It minimizes the risk of making a single large purchase at a peak price. I also invest in some DeFi platforms that offer yield on my Bitcoin to help offset inflation. And the duration you're willing to wait will depend on personal risk tolerance, the market trends, and economic conditions. I'll just HODL until I reach my target price.
54  Other / Off-topic / Re: What are your thoughts on becoming a programmer? on: August 22, 2023, 06:26:17 AM
You're on the right track with HTML, CSS, and JavaScript – they form the foundation. Your roadmap for becoming a full-stack developer sounds solid, and breaking it down into front-end and back-end learning is a smart approach.

The tech industry, including software and web app development, is continuously evolving and shows no signs of slowing down. There's a growing demand for skilled developers across various sectors. So keep learning, stay curious, and don't hesitate to dive into projects – they're incredible learning opportunities.

The key is not just to learn the languages and frameworks but also to understand problem-solving and coding concepts. The journey might have its challenges, but the rewards are worth it. Best of luck on your coding adventure!
55  Bitcoin / Bitcoin Discussion / Re: BitCountry - A Hybrid of Traditional and Digital Nations Decentralized State Ex on: August 22, 2023, 05:41:35 AM
I'm curious, in the BitCountry judicial system, how do you strike a balance between empowering victims to choose sentencing while ensuring fair and just outcomes? And as BitCountry accepts AI as living individuals, how do you foresee the interaction and coexistence between humans and Aiman shaping the nation's evolution? Maybe we'll end up with a nation where humans and Aiman have friendly debates over who has the better taste in digital art Grin
56  Alternate cryptocurrencies / Altcoin Discussion / Vitalik Buterin Fuels Coinbase with $1M ETH! on: August 22, 2023, 05:15:41 AM
Just yesterday, Vitalik Buterin made a move that caught my attention – he sent over $1 million worth of ETH to the Coinbase crypto exchange. Now, I can't help but wonder what's behind this decision. Is he eyeing a flashy new car or some real estate perhaps? Or maybe, just maybe, he's got some heartwarming plans, like supporting charitable initiatives in Ukraine or Hawaii. Your guess is as good as mine!

https://www.coindesk.com/markets/2023/08/21/ethereum-co-founder-vitalik-buterin-sends-1m-eth-to-coinbase/

57  Other / Off-topic / Re: "Quiet" Thrusters For 'Flying Cars' Comes Out Of Stealth Development on: August 21, 2023, 07:35:31 AM
Finally, a golf cart that can beat rush hour traffic  Grin
58  Alternate cryptocurrencies / Altcoin Discussion / Re: Any thoughts on Friend(dot)tech circulating now on Twitter? on: August 21, 2023, 06:57:42 AM
ft-i8dj8c59
ft-prjo232w
ft-vfh241cf
ft-xc8a6hdp
ft-16o1yw3i
ft-axlwonhh

Damn, looks like all the codes have been used. Anyone got any more codes? Definitely worth trying IMO.
59  Alternate cryptocurrencies / Altcoin Discussion / Re: After more than one year, what do you think of ETH changing from POW to POS? on: August 21, 2023, 06:30:42 AM
Why do you think ETHW failed?

ETHW also had technical issues related to its ChainID that caused transactions to fail and render the network unusable. https://www.coindesk.com/tech/2022/09/16/ethereum-pow-network-sees-complaints-on-day-1-amid-data-goof-up/
60  Economy / Economics / Re: Turkey lira was close to devaluation now russian currency on: August 18, 2023, 01:32:45 PM
Currency devaluation and low interest rates can provide short-term advantages that will allow these countries to invest in their military. However, it's important to recognize the potential trade-offs. While such tactics might bolster short-term power, they can also lead to inflation and economic instability. Each country's situation is unique, influenced by factors like their economic health, geopolitical goals, and international relationships.
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