It is interesting that an article on this topic was published in February this year, and the author of the current article obviously used it as a source because some sentences are very similar. Example : crypto mining is a notoriously opaque industry crypto-mining remains a highly opaque sector No matter how the article is intoned, there is no doubt that someone will invest $ 100 million and will not expect a profit - for that reason maybe the whole thing should be viewed from another angle. From the second article (or rather the first), Silbert, who is of course the founder of Grayscale, thinks that one of the obstacles that repels big investors is precisely that the Chinese have too much power in their hands when it comes to Bitcoin. If the situation were to change in a way that mining power and mining equipment production is moved to the US, then confidence in Bitcoin as an investment would likely increase. In other words, investing in Bitcoin mining should have a positive impact on the business of other companies within the DCG group, and it is possible that mining will be profitable as well. I think the whole thing is doable, but only if politicians can be persuaded to support the idea - and if lobbyists get to the right people, few would resist the fact that it's an industry worth over $10 billion a year (mining + equipment manufacturing). You might be complicating it hehe. I speculate that Barry Silbert made a deal with an energy company to sell him electricity at lower whole sale prices that would have his mining company make a profit. It might only be a straightforward profitable business deal. |
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@figmentofmyass. I also expected this, however, similar to you, not this quick also hehehe. It might also continue once the campaign debates begin and Biden is shown to be a senile old man.
@Vishnu.Reang. I speculate many democrats will turn up and might vote Trump. The people only want everything to go back to normal as quickly as possible, however, the Democrats reckon that the chaos under the Trump administration will be favorable to them.
In any case, vote Trump now if you want to get it with more valuable odd.
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@bbc.reporter: Glad to hear, that you managed to resolve the problem. We haven't had a report regarding such bugs, but if you refresh the page I believe there should be no problem with the offered odds.
Currently, we only offer to bet on political matters as "Entertainment betting", but if you have any event you'd like to bet on in the future, I'd gladly pass your suggestion onto the relevant team for consideration.
There's nothing presently. Eurovision is cancelled, American Idol is cancelled and I assume the Miss Universe, the Oscar awards and the Emmys might also be canceled. However, can you offer odds for Rottentomatoes ratings, over or under? |
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And, let me guess, he thinks that a centralized cryptocurrency, namely Ripple, would be able to combat this non-problem?  China having >60% of the current hash rate of the world does not necessarily mean that they want to alter any transactions that they want. The blockchain being transparent helps in getting things known to the world before it gets buried, but even if that happens, people will still know, hence altering and reversing transactions not really worth it on the side of the Chinese. Doing this would result to bitcoin losing its value in an unprecedented scale seeing the vulnerability unfold before our very eyes. I speculate that his argument will be they are both centralized so it might be better to choose the coin controlled by an entity friendly to America hehehe. In any case, similar to Ethereums's unverifiable supply, Ripple has its own problem. The transactions cannot be traced back to the very beginning.  |
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@notblox1. You cannot trust that data. This election's winner will be won because of the silent majority. The democrats are also killing themselves by doing this.  This Mayor has just given Trump a win in Oregon hehehe. |
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Regarding the Ethereum supply, I took data from the coinmarketcap site. Which is circulating supply of Ethereum currently 112,363,420 ETH.
And indeed until now it is still a mystery about the Ethereum max supply, because I did not find any data mentioning the max supply of ETH.
Actually, the thing regarding the supply of Ethereum, I don't really think about it, as long as Ethereum is still in high demand. Very safe and
profitable investing in Ethereum.
Ethereum does not have a limited supply similar to bitcoin. Its supply is infinite. Also, agreed. If you do not really care for the project and only care for profits, invest and support Ethereum hehehe. However hehehe, you will return to the bitcoin, yes? Maybe fiat money? @ReiMomo. I speculate that it does not matter to the experts because they might have accepted that it cannot be fixed. |
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Incompetence in the sense of allowing it to flourish.
Everry step of the way the south Korean government has been way behind and appeared to be laying there farting in its own juices while people ran rings around it.
Incompetence by the government? Agreed! Government has always been inefficient, incompetent and corrupt. Why do you think they are always increasing tax collection every year hehehe? In any case, the scarier move to occur after this is when the inefficient, incompetent and corrupt government overregulates the cryptospace. Also, I speculate that the exchanges that do wash trades are doing it for money laudering purposes. There might be some cryptocoin exchanges around the world that are part of one global money laundering ring. I have said this many times already. |
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In another press release related to this issue, it was mentioned that a Chinese cryptocurrency money laundering ring was involved. After reading this I remembered litecoin hehe. This coin has low development, has a small community, however it has always been having very high volume in Chinese exchanges? This is very suspicious. “Today’s action publicly exposes the ongoing connections between North Korea’s cyber-hacking program and a Chinese cryptocurrency money laundering network,” said Acting Assistant Attorney General Brian C. Rabbitt of the Justice Department’s Criminal DivisionSource https://www.justice.gov/opa/pr/united-states-files-complaint-forfeit-280-cryptocurrency-accounts-tied-hacks-two-exchanges |
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I am not certain what this is, however, I speculate that it might be an ETF. There were no clear details given in the article except that it was a fund and that it might be offered only to institutions and also maybe rich individuals. The prediction remains, Bitcoin ETF on the 2nd quarter of 2021 hehehe. Fidelity president and director of digital funds Peter Jubber today filed paperwork with the U.S. Securities and Exchange Commission (SEC) informing the regulator of a new fund dedicated to bitcoin.
The previously unknown Wise Origin Bitcoin Index Fund I, LP was incorporated this year and is being run from the same Boston headquarters where the investing giant manages $8.3 trillion in customer funds. The early documentation provides little in the way of details about the fund, and shows that zero investors have currently participated. We do know that the minimum investment to join the pooled investment fund is $100,000, indicating this is likely only for institutional and accredited investors.Source https://www.forbes.com/sites/michaeldelcastillo/2020/08/26/fidelity-president-files-for-new-bitcoin-fund/ |
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News update. Vitalik agrees to the challenge of auditing Ethereum's total supply of ETH in circulation, however, there were no definite plans declared on how and when it might begin. In any case, similar to Ethereum 2.0 release, it might also be permanently delayed.The mystery surrounding Ethereum’s total ether supply may soon be clarified, as the blockchain’s creator, Vitalik Buterin, recently agreed to help orchestrate a coordinated audit of the total ether supply.Source https://www.btctimes.com/news/bitcoin-supply-to-see-synchronized-audit |
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It might become longer and farther as blockchain analytics improve hehehe. True, but the longer and farther back they look then the more and more bitcoin will be deemed "tainted". If they decide to look back far enough, then pretty much every bitcoin in circulation will be "tainted" and they would have to shut down because of lack of customers. Whatever cut off they use will be completely arbitrary and therefore meaningless. Also, if the government can pressure a centralized exchange or a bank and order them to deny you of their service, this is similar to censorship. This only shows one of the weaknesses of a transparent blockchain. It's absolutely censorship, but it only shows the weakness of using centralized services. There is nothing a government can do to stop me trading on Bisq, for example. It might not be entirely meaningless because there might also be cases where the government would find any type of culpability. You know how they can be hehehe. Cryptocoin to cryptocoin there is nothing they can do, however cryptocoin to fiat, there might be something. I have heard of bank accounts being frozen because the user made bitcoin trades with payments sent to his bank account. |
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What is it with the South Korean market and incompetence? You'd think they would've got rolling with impressive techno sheen but it seems to have been a chaotic improvisation from the start and it's continuing.
I'll bet the majority of places outside the top bunch are doing the exact same thing, and the top bunch did it themselves too in the early days.
This is not incompetence, this is scamming people. Chinese exchanges and many others from different countries are also known to be doing something similar. It is not breaking news, this is old news. According to Bitwise's report, only 10 exchanges have real volume and the real volume is only 4.5% of the reported volume. Go to page 60. https://www.sec.gov/comments/sr-nysearca-2019-01/srnysearca201901-5164833-183434.pdf |
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INX's suitability standards wants to make it to appear different to all other ICOs, however, it only strengthened the questionable part of the ICO. To offer the investment to a few chosen people to dump on everyone else later. Also, if this is a registered security it might be okay to treat this like an IPO. However, be careful, there are also many worthless pump and dump stocks listed on stock exchanges registered with the SEC that are IPO scams.  |
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@o_e_l_e_o. How far do they look? It might become longer and farther as blockchain analytics improve hehehe.
Also, if the government can pressure a centralized exchange or a bank and order them to deny you of their service, this is similar to censorship. This only shows one of the weaknesses of a transparent blockchain.
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Would this make Kamala Harris the automatic replacement or would they give Hillary another chance? It could be anyone then: If a candidate dies before the general election but after they've secured their party's nomination, it's a relatively simple fix: The deceased candidate's party picks a replacement (who may or may not be the vice presidential candidate from the ticket), and that replacement is on the ballot on Election Day. Both the Republican and the Democratic parties have rules about how their parties would fill the vacancy. Source: https://people.howstuffworks.com/what-happens-presidential-candidate-dies.htmSome days ago people were asking to bet on Cuomo again at Betfair, which was a bit  Now he is at 1000 again (the max), but there is still some action on Harris, Hillary, M. Obama, Pence and Mark Cuban  A strong argument can be made for Michelle Obama, I reckon. Black, female and the former first lady of the United States, wife of the first black president. She qualifies in the eyes of the people under the current circumstances hehehe. |
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Lots of talk about canceling the season now. LeBron storming out of a meeting while the Lakers & Clippers both agree to cancel the season is bad news. I understand not wanting to continue providing an unappreciative community with your craft, but as a fan I’m extremely disappointed. They feel ownership isn’t doing enough to address problems in the community though and perhaps think that withholding their contribution to society is their only recourse.
I am also very disappointed. I want to watch my playoffs. Also, if they really wanted to prove that they are about change, they should give up their million dollar jobs playing a game and take a job that would help keep peace and order. Lebron will be going home to his mansion and lie down on his soft Egyptian cotton mattress. The people continue to suffer. |
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This is someone's journey in the cryptospace, what she has learned and what it must be. It is very easy to be lost from the way because the many of us want compliance and submit to the government and get rich quick.This article is a reminder and lesson on what the cryptospace should be for all of us.  By suppressing its crypto-anarchist roots and whitewashing its aims to appeal to bankers, crypto has cut itself off from its source of power.
Maybe it was my state of mind, but it felt like the dissonance between cryptocurrency’s stated aims and its material reality was reaching a fever pitch. The general effort toward compliance was not only enabling certain forms of oppression but at times actively supporting it.
At that moment, I decided that anonymity is where all philosophy of technology collides. In technical terms, it is synonymous with freedom. Practically, it can mean life or death. Read in full https://www.coindesk.com/bitcoin-lost-way-subversive-rootsNice to see a woman with a degree in philosophy (same as myself) having interest in cryptocurrencies! However, I don't share nearly the same views. For one, I don't like advocacy of illegal activities and demonization of the government and banks. There are people who are not doing anything bad but are considered criminals, and there are banks that are considered good but which commit serious crimes. However, there are also terrible things paid for in cryptos, and the government plays an important role in organizing society (it's not all bad, and I don't think that chaos would be good). According to contractual theories (Locke, Hobbes), the state appeared for a reason and returning to pre-state life is not desirable. The state protects the rights of people to be safe and for their property to be safe. If there's no state, there's no system to appeal to. Who is advocating for illegal activites and the demonization of government and banks, however? They are doing a fine job there by themselves. BACK in 2012, HSBC, Europe’s biggest bank, paid $1.9 billion to the United States’ Department of Justice to avoid prosecution for allowing its global subsidiaries to move at least $881 million in proceeds from Columbian and Mexican cartels.
But HSBC’s willingness to turn a blind eye to its customers’ criminal activities extends far beyond Mexico and the drugs market.
According to the report, HSBC helped a suspect Saudi bank move money to the US, a bank that was later discovered to have connections with al-Qaeda.Source https://morningstaronline.co.uk/article/f/shadow-hand-hsbc-drug-lords-house-lordsAlso, it is not hard to search for articles about government atrocities done to their own people. The governments and the banks are on a club on they're own and we are not in it hehe. |
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Funny news of the day. Hehehe I hope he is not thinking of what I think he is thinking on what his solution or alternative to bitcoin might be.  Chris Larsen, chairman of RippleLarsen cities an article on how China has more than 65% of the global bitcoin hashrate, although the University of Cambridge Centre for Alternative Finance (CCAF) that conducted the report explained the overall hashrate in the study “may not be fully representative”. The CCAF commented their study “...represents only a little more than a third of the total hashrate” and all the data is provided by three Bitcoin mining pools that are all headquartered in China. The CCAF hopes to provide a more in-depth report in the future that can “...add data from major mining regions such as Siberia in Russia, Washington and New York States in the US, Québec and Alberta in Canada in upcoming reports”.
Still, Larsen argues in his opinion piece to policymakers the dangers that exist were China to take over the Bitcoin protocol. “It's not hard to imagine a dystopian future. A U.S. defense payment to an ally could be blocked or reversed”, says Larsen.Source https://www.forbes.com/sites/jasonbrett/2020/08/23/chris-larsen-executive-chair-of-ripple-argues-china-can-reverse-bitcoin-transactions/ |
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Kamala Harris odds is on 47.90 on Cloudbet. I give you 80 for her, if you want  No thank you hehehe. I was only speculating on what would the Democrats do if Biden suddenly lost his memory in the middle of his campaign. Would this make Kamala Harris the automatic replacement or would they give Hillary another chance? |
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this is long on marketing-babble and short on substance the history and philosophy the author speaks about is all quite relevant, but the details of 'Dark Wallet' aren't described at all. It's actually an old project from Amir Taaki, written in Javascript, but this may have been changed since the early project. The previous anonymity tech was... Coinjoin, which is now not as exciting as it was back in 2013 meanwhile, the nascent Coinswap protocol is being worked on, and will likely be the most effective (and cheapest) way of securing privacy for all Bitcoin users, as it's impossible to know whether or not any or all BTC recorded on the blockchain is being Coinswapped, as it's on off-chain protocol. If Dark Wallet can improve on Coinswap, I'd be happy to hear about it, but it seems strange that they're only talking around (for several hundred words...) the wider issues of privacy and economic autonomy, but not providing details (or updates) on what now must be a 5 or 6 year old project. Agreed, and there was not a Github repository shared in the article to follow Dark Renaissance's progress. However the message and its idea are still very much valid, I reckon. What was the attitude during the beginning? How is it different in 2020? Today the attitude is to celebrate the acceptance of banks instead of overthrowing them. This might only be part of the stages of attitude in the cryptospace, however hehe. It might change again. |
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