I reckon Ripple's legal team should begin researching Ripple's rights as a company and how its assets can be protected after Trump has issued an executive order declaring that anyone in America that has dealings with the Chinese will be blocked and the American government might freeze or confiscate their assets. https://www.whitehouse.gov/presidential-actions/presidents-executive-order-hong-kong-normalization/Garlinghouse said China is ahead of the U.S. when it comes to the regulatory aspects of the disruptive sector.
His comments come as the Far Eastern superpower has already begun trials of its digital currency. Similarly, Blockchain-based infrastructure is, also, undergoing advanced testing in Hangzhou, Shenzhen, and Hainan
“In some ways, I’m in awe of it,” said Garlinghouse in the Fireside Chat, adding “these technologies may, in fact, be very foundational for the future of how financial systems work, and they want to make sure that they have capabilities at the heart of them.”
Meanwhile, Ripple co-founder Chris Larsen has similarly appreciated Chinese efforts in the past. As CryptoSlate reported, he said “China is so far ahead of us” while noting the country’s $1.4 trillion warchest for emerging technologies such as blockchain.Read in full https://cryptoslate.com/ripple-xrp-ceo-is-in-awe-of-chinas-crypto-and-blockchain-approach/ |
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I appears everyone should read Grin's monetary policy again and learn the theory behind the inflation schedule. Grin's monetary policy is everything that might be wrong in bitcoin that might be corrected in Grin. As an experimental hypothesis, Grin's inflation rate may discourage hoarding early on, improving its distribution. Inflation disincentivizes "whales," who have an inordinate amount of control over the price of an asset, and should act to downplay speculative bubbles and price swings. Early adopters get just as much out of grin as those who adopt later. This argument is discussed at length in Bitcoins are not digital greenbacks, in which Wei Dai himself considers "Bitcoin to have failed with regard to its monetary policy". Grin is aiming for as equal access and utility as possible for all users, now and in the future.Source https://github.com/mimblewimble/docs/wiki/Monetary-Policy |
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Regarding the famous account twitter hacked being talked about, it is true that not all accounts hacked are related to cryptocurrency.
But many people focus on crypto related Twitter accounts, maybe many of the victims are from the crypto community. Twitter is now
investigating this incident, hopefully the cause can be known. But I agree with most people, that there are inside people on Twitter
involved. Because famous accounts are the average victims have good security, this hacker can easily do it. I'm sure someone inside
gave the hackers access, but let's we wait for the results of the investigation carried out by Twitter.
It might also be that there are many someone inside on different tech companies who might have already been compromised by a certain foreign communist country hehehe. I speculate that many American companies, schools, the media and also the government might have been infiltrated already. It is dividing America. |
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I do not understand these services. Does Revolut and Paxos allow their users to send bitcoin to their own wallets or not? Was I correct in my first assumption about the similarities of bitcoin usage in Paypal and Neteller?
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I would not say this factor or particular issue will far outweigh other socio-economic issues-- domestics ones to be exact-- that a lot of Americans are probably more critical about.
As an Asian and whose country is under constant territorial threat from the bully China, this particular issue is very important for me. But I cannot tell whether or not an ordinary American finds this specific issue equally important that it may determine his/her vote.
I am from India, and my country had a major unprovoked territorial fight with the Chinese a few weeks back. For Asians, Chinese aggression is a big concern. Not sure whether the same will be reflected in the United States, because they don't have any direct territorial dispute with China. At least in this case, I have to say that Trump is more effective when compared to Biden. China has become an expansionist. Their government is expanding to your country, to the South China sea and they have passed a security law in Hong Kong which removes some of its citizens' freedoms and rights. It also has concentration camps of uighur muslims. When was the last time a country acted like this and which country was it? |
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I believe there is a lot of other hedge fund type of places that does something similar as well. They just take your money, you invest with them, and you do not know what they are doing with it. I mean sure you do, you can ask them or they probably have some papers on it, but the meaning is, you do not say "buy this or that" and so forth, you just give them money and they use that money to make more money for you.
It means if they want to buy bitcoin with all of them, they can. Of course it is risky and if it doesn't pay out everyone will lose money and they will withdraw their money with discontent and that hedge fund will never see any more new investments, yet by ability and right of law they can actually do that. This place is doing something similar, not all the money but just a small portion of it.
Agreed. Similar to the big short of the mortgaged backed securities scam of 2008, irresponsible bankers and traders might begin using your 401k to invest in bitcoin and other cryptocoins. Bitcoin is alright, however, the article also mentioned that it will expand its portfolio to other digital assets. I assume altcoins hehehe. This news should be alarming. |
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It's unbelievable how bad the security of these crypto-related accounts must have been. A simple 2FA device would have likely prevented this.
I could see them receiving more liability if the hackers aren't found here.
Many of these Twitter accounts are followed by people that aren't well versed or very knowledgeable with into crypto and just want some news. Holding crypto doesn't mean you're an expert.
The accounts of big companies are trusted by many people uncritically for what they post... They should have invested in better security. Not that it's hard to secure a twitter account.
According to some news articles it appeared that the hackers bypassed 2fa. Also, do you reckon Twitter accounts of a former American president, a CEO of SpaceX and Apple do not have 2fa? This would be naive. I speculate that Jack Dorsey might not have full control of his company. |
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@adamistraybar. Trump might win because the people might see that he has the political will to fight the new threat. China. Biden has dealings with China through his son Hunter Biden. This speech from Trump's attorney general. This is very close on declaring war, I reckon. It is a privilege to be here to speak about what may prove to be the most important issue for our nation and the world in the twenty-first century — that is, the United States’ response to the global ambitions of the Chinese Communist Party. The CCP rules with an iron fist over one of the great ancient civilizations of the world. It seeks to leverage the immense power, productivity, and ingenuity of the Chinese people to overthrow the rules-based international system and to make the world safe for dictatorship. How the United States responds to this challenge will have historic implications and will determine whether the United States and its liberal democratic allies will continue to shape their own destiny or whether the CCP and its autocratic tributaries will control the future.
Several weeks ago, National Security Advisor Robert O’Brien spoke about the CCP’s ideology and global ambitions. He declared, and I agree, that “[t]he days of American passivity and naivety regarding the People’s Republic of China are over.”Source https://www.justice.gov/opa/speech/attorney-general-william-p-barr-delivers-remarks-china-policy-gerald-r-ford-presidential |
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worst take so far: Unfortunately, most of the mainstream media used a similar title, so this incident is a net negative to Bitcoin. Some influencers are already saying that all crypto should be banned. This is worrying, because public perception is the only thing that stops governments from banning Bitcoin tomorrow. If majority of the population will be signalling that they will not use Bitcoin, and they don't like Bitcoin, it would be a no-brainer to ban it, because this move would be popular and will protect the establishment. the headlines were ugly but tbh the fallout doesn't seem that bad. what makes you think the majority of the population doesn't like bitcoin? do you actually expect adverse government action from this? Everyone is considering this like it was a hack to scam for bitcoins implies that the hackers real plan is working. The hack might only be a message that the hackers control Twitter. |
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@Febo. However, when will grin perform better than bitcoin unless it was only a speculative pump? Also, similar to all pumps, the buyers only return to holding bitcoin or fiat.
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@estenity. That might only be another false flag, I reckon.
I speculate that the hackers were there for months and already gathering intelligence. After getting what they wanted they used cryptoforhealth as their warning to let someone know that they have gotten the information they wanted.
I am quite certain that this is not a bitcoin scam hack.
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What centralized exchanges act like the bitcoin police and what supports the free and open exchange of bitcoin?
I can't answer that since I don't have an intimate knowledge with all centralized exchanges, particularly since I don't use a single one. Although as figment points out above they are simply operating within a legal framework which has been imposed on them, I would still argue that any exchange which will lock your account for how you spend your own money is not an exchange we should be supporting. At some point all centralized exchanges could be forced to comply with various laws and regulations, and police your deposits and withdrawals. The only way to avoid this altogether is to avoid centralized exchanges. What exchanges are operating under a jurisdiction with a legal framework that supports and protects a free and open exchange or with less strict policies? Exchanges licensed in Malta or Switzerland? |
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The cryptoforhealth scam might only be a false flag as mentioned in another thread. A major hack like this that bypassed 2FA and the hackers only wanted to scam Twitter users to get bitcoin? We should not be so naive. |
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@STT. That is only clickbait to sell her book hehe. In any case, the major hacks on the blue check accounts on Twitter and Trump's new executive order on Hong Kong's normalization might not be a coincidence. This gives Trump emergency powers to block anyone in America to invest in Chinese companies or deal with them. Source https://www.whitehouse.gov/presidential-actions/presidents-executive-order-hong-kong-normalization/I reckon that the setting for war is ready. I speculate that the beginning might occur before November. |
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Help me understand this. Will this partnership help retirees to buy and sell bitcoin under the trading strategies of Fidelity's experts? They cannot expect old grandma to do it by herself. Pump and dump with retiree funds?  Crypto custodian Kingdom Trust is offering customers bitcoin cold storage from Fidelity Digital Assets.
The storage will be offered on Kingdom Trust’s Choice retirement account, a hybrid self-service retirement platform where investors can buy, sell or hold stocks, exchange-traded funds (ETFs) and digital assets in one tax-advantaged account.
Kingdom Trust CEO Ryan Radloff hopes the partnership with Fidelity will nudge the investment giant closer to serving retail crypto investors.
“I think having Fidelity grow is so important for bitcoin and the market’s maturity that I’m willing to sacrifice a few basis points of margin for that,” Radloff said of the new business arrangement. “We think this is meaningful for a lot of people that already have Fidelity retirement accounts but have really been waiting for Fidelity Digital Assets’ mandate to mature from just an institutional one to institutional and retail.”Read in full https://www.coindesk.com/fidelity-digital-assets-to-custody-bitcoin-in-kingdom-trust-retirement-accounts |
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I speculate that all the mainstream news media and bitcoin news media reports about this major hack have not covered the agenda of this attack. This is not only a normal hack to scam bitcoin from Twitter users. This might be a political attack supported by an intelligence agency.
Blue check accounts of business CEOs, politicians, journalists, human rights supporters and many others were the targets. The data in the private messages of those accounts might be very valuable hehehe.
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Yes, they will be using load management on him again hehehe. The cases in Florida are pumping, what is the chance that there might be another shutdown there? |
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Also, Dana will give Khabib time to mourn his father. However, I speculate that he is telling his pet Conor to fight Justin Gaethje hehehe.
Hehe, that's nice one. I did not think of that. But would Conor accept Gaethje ? Is he really planning or wants to fight ? He trains all the time, but maybe just to be in shape. Something strange happens with UFC champions. Khabib fought almost a year ago, Cejudo retired, lots of controversies with Jon Jones, Adesanya showed boring fight against Romero. Looks like they want to keep belt as long as possible, avoid defences or finish career with a belt. Conor's only mission presently is to rematch Khabib. However, he can only do that if he holds the lightweight interim championship. |
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