This was the case for a long time, for example exchanges refused were closing accounts of customers who made deposits from their crypto gambling accounts. This can be explained by the fact that crypto casinos are unregulated and can be used for money laundering, so coins that come from them might be dirty.

From a practical point of view, there should be ways to "clean" your coins. Maybe it's enough to just move them between your addresses to build up a bit of history after the mixing. Or maybe you can deposit it to some exchange or other service that doesn't care about mixing and then withdraw from them. It all will not work if you will be personally approached and requested to explain the origin of your coins, but it might be enough to avoid triggering the automated chain analysis tools.

If you are regularly making transactions to services that work with LN, then great, using it would indeed help you. But if not, you will have to specifically look for alternative services that work with LN, which might be impossible in many cases. So, LN adoption by services is the bottleneck here, and right now there is a reason to not adopt LN from their point of view - it's still considered to be in beta and the devs themselves are advising from using it with big amounts on mainnet. Until this changes, it would be hard for LN to have influence on fees.

Even if the second wave of coronavirus will also damage the economy, I doubt that Bitcoin will experience the same drop, as people now see that the crash was a pure panic with no fundamentals to back it up - there's simply no reason why Bitcoin should crash, as Bitcoin doesn't rely on supply chains or physical businesses to operate. Now Bitcoin fully recovered and people who panic sold are feeling dumb - meaning they'll be unlikely to panic sold again in a similar situation.

If you take many different countries, you'll often find sharp devaluations of their national currency caused by economic problems, which can be caused by war, corruption, political instability, etc. But simple recession is not necessary causing a devaluation if this recession isn't deep. Losing a few percents of GDP shouldn't trigger a massive value loss, and if this happens it can also be a coincidence instead of direct cause.

Look at the US dollar value chart - it's mostly just a steady decline, with no sharp movements during 2008 or 1979 or the Great Depression. Big currencies are more resilient than currencies of economically weaker countries that need a lot of support from their central banks.

Looks like another Bitpay-like company with stupid fees, poor user experience and generally anti-consumer behavior. If Coca Cola accepted Bitcoin directly, that would be truly remarkable, but in this state it's not that interesting.


The fees can also be as low as a few cents, but generally yeah, it's a bit annoying that one day Bitcoin is totally usable for even small transaction, and the other day the fees are suddenly high. Only Lightning can change that, so let's hope for faster official release and adoption.

In the early days people forked Bitcoin to experiment with  different protocol rules or develop new features, but after a few years crypto trading became very lucrative and even the shittiest coins could enjoy some price growth while doing nothing.  This was all long before ICOs and tokens became a thing. Nowadays shitcoins indeed represent the majority of coins, because even if you get a few hundred $$ from your ICO scam, it's still a win because it requires minimal investment to setup.

There won't be any "solution", maybe ICOs and shitcoins will become an established scamming method like MLM or Ponzi scheme, and will exist for as long as crypto exists.

This will greatly improve the security of your setup, because if a malware gets admin privileges, your user switch trick won't be helpful, but by using entirely different OS it would be pretty much impossible to steal your keys, especially if you disconnect the hard drive before launching the live OS. There are kinds of malware that infect BIOS so they could theoretically attack your live OS, but these kinds are very rare on practice.

I doubt it will be huge, we already have plenty of platforms for Bitcoin derivatives, and nothing big happened, unless there's a strong proof that the price rise during the 2017-2020 period can be attributed to them. It's great that more liquidity is coming, but let's not create false expectations, we've already had so much disappointment in the past with all the ETF hype, when people expected it to launch the price to the moon.

Yeah, these days we have a lot of people who are in only for profits, but if you go to the politics and society board, most voices there are right wing. And in /r/Bitcoin when there's a political discussion, most opinions are be libertarian and some are even alt-right.

...

Here's an interesting use-case for crypto in the current protests in the US: activists mine Monero and use it to bail out of jail arrested protestors.

https://wr.reddit.com/r/socialism/search?q=bitcoin&restrict_sr=on

Majority of the posts are negative, and those that are not negative are very noncommittal, and the posts that praise Bitcoin are a tiny minority.

Bitcoin was always close to libertarian ideology, I'd be seriously surprised if Satoshi wasn't a libertarian of some kind. Bitcoin is fundamentally about resisting any sort of authority, and marxism is about the total rule of communist authority, so they are naturally at odds.

This is kinda how stock investors view crypto - they think it rises too quick and too much, and they see volatility so they say it's not a real investment, no intrinsic value, a bubble, etc. Ofc crypto has actual utility, but pure speculation plays a much bigger role in price discovery right now.

Lmao this is so dumb, sounds like something out of a Hollywood movie. Clearly written by a person who has zero knowledge about hacking.


Leftists hate Bitcoin, they go nuts when they discover that some people get rich from investing in Bitcoin in the early days. They also hate the idea of private citizens controlling their own money, they want the revolutionaries to be in charge of everything.

It's no coincidence that you won't find many leftists on this forum, and that a lot of people here are libertarians and conservatives - Bitcoin is a radical form of capitalism.

So, again, the person who wrote this scenario didn't do their homework. I have a feeling that this leak is fake, cause I don't think the US military is that dumb.

Where did you get those numbers from? I don't doubt that a lot of Bitcoin owners now are "filthy casuals" who only care about trading, but I don't think any accurate research has been made on this topic, and if it was, I'd very much like to read it.

I don't think it's necessarily a bad thing to view Bitcoin only as an investment vehicle, these people still contribute to Bitcoin by providing liquidity and supporting the price.

It won't destroy Brave, people are using it because they want to earn pennies, so they'll be very unlikely to care about controversies like this as long as they keep getting paid. Brave might fail in the long run if their business model will prove to be unsuccessful, but at this point barely anyone considers it a privacy-oriented browser, as this is not the first time that Brave pulls some shady stuff.

If this stock market rally will manage to prevent further crash, it would at least reduce potential unepmloyment and other negative effects. But, like many other posters said, the stock market isn't a perfect representation of the economy. Especially since it ignores the small businesses, which probably got hit by the coronavirus the hardest, as they didn't get help from the government on the same level as these megacorporations did.

Because bounties are literally free promotions, you create tokens out of thin air and pay them for the services of bounty hunters. And people who run ICO/IEO don't care about the price of their token, they get their money with the initial sale, after it ends their job is done and they can ride into the sunset while suckers are left with bags that will become worthless rather soon.

But high profile altcoins can be easily employing directly paid promoters/bots, XRP is infamous for having an army of twitter bots, and I'm sure projects like TRON or EOS have something like that too.

No one knows identities of people behind the addresses, so it's not exactly easy to track someone. If it's a coin that works on the UTXO model, like Bitcoin, then users can and should use addresses only once, ensuring that they can't be easily tracked by linking their transactions. Privacycoins like XMR have strong privacy guarantees on the protocol level. This problem of tracking accounts is most notable with coins like ETH that implement account model. Users should be discarding used accounts as often as possible to prevent the buildup of history. Luckily people create as many accounts as they want, but few people bother to change their accounts regularly.

Saving a page and running it later offline is equal to running a software with unverified source code. You could try to verify it yourself of course, but you need to be a Javascript expert and still there's a chance to miss the backdoor code.

The correct way is to launch a live OS, create some private key - address pairs with a wallet like Core or Electrum, and print them out as QR codes. You won't have those fancy designs, but it's much more secure. You can also create an Electrum wallet, write down the seed with pen and paper and print out as many addresses as you need - this will avoid the risk of exposing your private keys to an untrusted printer.

When you run some sort of light wallet, it will be communicating with servers asking them about all the addresses from your wallet, so that you can get your transaction history and balance and be notified about new transactions. This makes it very easy to track you, and on top of that they can also record your IP address. Companies like Chainalysis run a lot of these spy servers to harvest data, so every time you launch a light client like Electrum you risk getting tracked by them.

That's why it's important to run your full node, maybe even over TOR, since you won't need any servers and it's impossible for peers to track you in a similar manner.

Bitcoin's current logos are already great, there's no need to fix what isn't broken. I never saw anyone complain about them. Maybe some people will use the logo you designed for some purposes, tough generally it's rare to see any sort of non-standard logos, since they are meant to be recognizable.

Also, how can you make a futureproof logo? You can't know what design styles will be popular in the future, maybe the current logo is already future proof?