like the mc Donalds story. Although Ray Kroc, the originator, invented the renowned fast food, McDonalds is the original creator.
It is nothing like that. Kroc stole McDonald's idea and franchised it without really changing anything about it. Satoshi invented a new payment system by using existing technologies and experience from other failed projects. Saying these two are the same is like saying the inventor of the first car stole the idea from the inventor of the wheel! This further persuades me that Bitcoin was not invented by a single person, making it decentralized.
Number of people who participated in this invention before release is not what makes it decentralized. Otherwise centralized shitcoins with multiple developers would also be decentralized.
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While having an address that is unique to your characteristics may sound cool, it also makes you re-use this address for multiple transactions over a really long period of time. As everyone would agree, this is a privacy issue and one needs to take it into consideration before making a decision. As best practice one should never use an address twice.
It is not always a privacy issue because it depends on the usage. For example someone who is receiving payments linked to their identity or virtual identity regularly is not concerned about address reuse. Like a donation address or signature campaign payments. Imagine if a campaign participant changed their address for each payment, it wouldn't provide any privacy since all those payments are linked to their virtual identity already.
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I think it is necessary in this industry because bitcoin will never be king without altcoin under it. What I mean is that bitcoin has been the patron of most altcoin and its concept as a currency has been adopted and developed by altcoin developers. Like a holding company, bitcoin is a company that protects all other subsidiary company and that is altcoin.
I disagree with both points. Bitcoin is "king" because it is useful not because altcoins exist. In other words if every single altcoin ceased to exist today, bitcoin will still continue to grow. Secondly, altcoins didn't adopt the "currency" aspect of bitcoin. Instead they adopted the asset aspect of bitcoin in the worst way possible which is to become pump and dump schemes. If they had thought about being a currency we wouldn't have had this much problem with their uselessness.
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Most exchanges (and basically custodial accounts) don't accept newly generated coins (ie. the block rewards) since those outputs need to mature for 100 blocks before they can be spent and their systems are designed to spend any coins they receive after a very short time. If you send your mining rewards to your Coinbase account, there is a chance that you face some issues or even lose your funds until their support manually recovers it for you.
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which I placed on my computer table,
For starters you shouldn't place such an important piece of paper on a table for anybody who comes to your room to see. Try placing it inside a book or better yet write it inside a book and place that in your bookshelf. That way it won't be randomly seen any other people. For extra security you can always encrypt the words with an open source tool using AES256 and a strong password that you should also create a backup of. Would it be safe if I store it online but the file is encrypted and password protected?
Not at all.
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One of the main reason on why BTC remains the leading cryptocurrency is due to the fact that it was the first crypto ever created on the market.
Actually there were a couple of attempts before bitcoin to create such a payment network but they all failed to achieve anything until bitcoin came along and revolutionized the industry. The reason why bitcoin is still the first is because nothing else came along with a revolution, they just copied bitcoin and repeated the same thing over and over.
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There is also a good thread by @paxmao regarding donations- Donate to Ukraine.
I'd personally avoid sending any donations to the regimes because they are already receiving billions of dollars and not doing anything for the people. If you want to make any donations you should find someone trustworthy in Ukraine (you can find a couple of users on bitcointalk) and send your donations directly their way instead.
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Segwit basically remove witness (signatures) data from transactions, this is why it is called segregated witness. This makes transactions smaller, so we can put more transactions inside a block, virtually increasing block size.
This is incorrect. SegWit does NOT remove anything from the transaction. It moves signature script from its previous place to a new place (still part of the transaction) called witness that comes right before the transaction locktime. It also does NOT reduce transaction size, in fact it slightly increases the size. The weight is smaller because of the way it is calculated. What SegWit does is allowing more transactions to be placed in blocks by increasing the block size in a backward compatible way. This is sometimes falsely interpreted as tx size being smaller.
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Let's not change the discussion from the title into whether BTCD was a good example or not.
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^^^ LOL.. Russia doesn't need to cut the gas to Europe, if it want the Europeans to suffer. The Europeans are so stupid that in some time (maybe within the next one or two months) they will refuse the gas from Russia by themselves. And that's all it takes to make the destruction of the famed German manufacturing sector complete. Once the factories shut down, they will never be able to compete in the global market. Anyway, without cheap energy their products can't remain in the market. EU can subsidize, but for how long?
It's not stupidity though; it's just that 95% of European regimes are caught up in a much bigger game. Their countries have been a pawn in that game ever since WWII. So for example England that doesn't rely on Russian energy like Germany does could force rules upon the union to ban such imports. Germany that is desperate for the energy is too weak and lacks independence to oppose it. If such rules were to be enforced on them, it'd their country that falls apart. It's the repetition of what happened to Lithuania. Those who are sitting far away in safely forced Lithuania to increase tensions with Russia and Lithuania was too weak to oppose that decision apart from some statements in the media. After nukes were stationed in Belarus and assets moved in place to invade Lithuania or at least take the Suwałki Gap the decision had to be reversed or risk the Union falling apart! (If this sounds very similar to what happened to Ukraine that's because it is.) This is why some analysts believe that European Union could be coming to an end. Specially if it continues benefiting one or two countries while ruining the rest.
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when Elon Musk announcement of Tesla not accepting bitcoin payment anymore, the price downturn was greate.
Actually the effects of that FUD was so negligible that you could have considered the movement as part of the daily fluctuations just like this recent FUD about their sale has practically no effect on the price whatsoever. Elon Musk is anti bitcoiner and supporting just doge coin,
I disagree because he is neither. He is purely pro-fiat.
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In other words one person out of thousands who are pump and dumping shitcoins is charged with insider trading. They should take a look at some social media to see the pump and dump groups that are scamming people on a daily basis.
In any case, what's up with all these negative Coinbase news that keeps coming out recently? It's not like these things haven't been going on from the start of the company.
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I don't know if it is good practice but it is a method that day traders use regularly. You have to beware that this strategy is not as easy as it sounds because it requires a good understanding of the market and a lot of experience in it so that you can make the best "bets" on the price otherwise due to the high risks you could end up buying a shitcoin speculating to be pumped but it gets dumped hard causing you to lose a lot of money.
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Actually what Satoshi planned was for you to earn bitcoin and spend bitcoin just like you do with traditional form of money instead of trading it (whether on a centralized exchange or a P2P exchange) so that you buy some hoping to gain profit and dump it the moment you reach your profit target.
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so its media trying to cause manipulation/speculation/drama, which is then inflated by other people like this topic creator then posting it to further the drama.
Exactly this. Each time the shorts fail and the losses start to pile on we see this type of FUD come out trying to push the price lower so that the desperate speculators could recover a small amount of what they'd lost.
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Let me disagree with two statements that were posted here which I call "assumptions".
1. Alternative implementations would disagree with any protocol change and cause problems First of all this is not a bad thing, Bitcoin is not a dictatorship to fear any kind of disagreement with or rejection of proposals by others. In fact other opinions contribute to improvement of the proposal and help see the mistakes and come up with better proposal. Secondly other implementations doesn't mean the devs can't come together to discuss proposals in one place. In fact alternative projects brings developers from other programming languages together. Finally, if the proposal is any good, there shouldn't be any disagreements or rejections. In the end the community (ie. miners + nodes + economy) should decide not the developers.
2. Alternative implementations would have inadequate number of developers This is a false assumption in my opinion. Any serious project would get enough contributors to keep it going. BTCD example I posted earlier is a good example of a project with enough serious developers, Electrum is another example (SPV implementation of the protocol).
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I as Diabetics patients
This is OT but if you are into natural remedies you should look into date kernel (seed) powder. Studies have shown that it can help balance the blood sugar specially for those with diabetes due to its Insulin production properties. It is very easy to prepare too, all you have to do is to place them in water for a couple of days (changing the water every day) then to roast the kernels and finally to grind them into powder. The taste and smell is very similar to coffee and it can be used like coffee. Of course you should consult your doctor first. ![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fi.imgur.com%2F0gJhudn.jpg&t=663&c=Q3xDJqRLpZyueA)
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I am guessing poor African countries will perish more than others, followed by the middle east ![Cry](https://bitcointalk.org/Smileys/default/cry.gif) I hesitate to predict these things but I can tell you that there are good plans in motion to prevent the catastrophe in both West Asia (aka Middle east) and Africa, at least Northern part. One of the plans is Iran increasing its production, recently we received 1 million hectare of fertile land for agriculture in one of the best places for it in Venezuela. That alone is equal to between 16% to 20% of what Ukraine used to produce (3-4 ton). There are other similar cases. Considering the fact that the domestic needs are already met, this extra production would most probably be sold in West Asia and Africa. No one is pressing Ukraine to make concessions to Putin's regime.
I can't say what is considered "pressing" but on multiple occasions different politicians have told Zelensky to give up territories to Russia without resistance to end the war. The biggest example I can think of is the French president Emmanuel Macron.
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For some reason, fairy tales about the impending "terribly cold winter" began to appear {in our heavily censored media} not in January, and not in March, and not even in May, but in July,
FTFY. The warnings about energy crisis and the fact that EU countries failed to find alternative source of energy in their heavily dependent countries have been around for at least a couple of years. It's just that your heavily censored mainstream media was not allowed to cover them until Russia invaded. After that they had a scapegoat they could blame all their problems on, from their energy problems (due to decades of terrible policies) to their high inflation (due to horrible money printing policies that got worse during COVID pandemic) to a lot of other issues like the green nonsense and genetically manipulated crops that cause cancer but they call "modern agriculture".
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We have been in a very new trend ever since 2022 started. So we could say that this cycle turned into a two step cycle with $69k being the first ATH or step of the bull run followed by a big drop due to Western economic crash introducing a temporary discount situation in the market and eventually a much bigger rise before we reach the next halving year.
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