I agree that the new crop of stablecoins is no substitute. The issuers are so fucking uptight you probably can't fart without being frozen out. There's got to be someone or something willing to make a stab at something similar to USDT that's as transparent as they can manage. Hey, maybe even Tether should try it.

https://bitcoinmagazine.com/articles/tether-updates-website-says-usdt-backed-by-reserves-not-just-cash/

As you may or may not have noticed Tether updated their terms in the last 24 hours. It's gone from the never proven 1-1 dollar backing to - “100% backed by [its] reserves.” It clarifies this vague language, even legalistic language, by saying these reserves “include traditional currency and cash equivalents and, from time to time, may include other assets and receivables from loans made by Tether to third parties, which may include affiliated entities.”

I can't say I'm massively surprised. I am massively disappointed by how big USDT has remained. After all this time there should be a less crappy alternative. It would be healthy to see some sort of resolution before another bull run. I don't believe it's the fully empty horror show some obsessives think it is. I would still prefer it to bugger off and die.

Just because something's fully legal doesn't mean any bank has an obligation to touch it, but you're right. If I were running a bank I doubt I could be bothered to second guess future legislation. It's a lot less hassle to tell them to get stuffed. If every last detail was fully clarified I wonder whether there'd be a noticeable uptake from banks.

What?

This is a separate funding proposal to the nem foundation. That has been funded. This passed the public vote too. The people with the purse strings decided against it. I preferred their emphasis on developing the actual chain rather than woolly PR speak.

https://forum.nem.io/t/update-from-the-nem-core-team-on-funding-proposals-for-the-nem-foundation-nem-labs/22279

Nem labs won't be funded. If I remember rightly it got a higher proportion of the vote but there you go.

I get the impression parole is a pretty rare occurrence. It's certainly nowhere near automatic like it is in other places.

I find it strange that such an advanced country has a legal system that seems so unfit for purpose. A 99% conviction rate and no juries does not sound reassuring to those in search of actual justice.

Jaxx has had special moments in terms of security failure and Jaxx themselves state that their set up is a compromise between security and convenience.

https://cointelegraph.com/news/jaxx-wallet-vulnerability-users-report-400k-funds-thefts

https://techgage.com/article/a-problem-with-jaxx-cryptocurrency-wallet-security/

I don't know anything about Exodus wallet other than it being a desktop wallet and I've never understood why anyone would have one of those unless it's on an air gapped machine.

Speaking for myself, the only time I'd have a use for an ATM is selling to. If I was out and about and wanted to purchase hand relief from a desperate single mother at the mall such a thing would be useful. My buying is long done now.

But I don't get how they'd make it safe for all and convenient.

https://www.ccn.com/crypto-startup-jp-morgan-chase-closed-our-account-with-no-explanation

I've always been intrigued by bankiing's attitude towards crypto. It's rarely mentioned how tenuous the banking is of some of the biggest players. If Silvergate Bank decides to give up the ghost that might screw Coinbase, Kraken, Gemini and nearly 500 others.

As crypto gets bigger is the banking squeeze going to let up or increase? According to this article they were shut down the day after JPmorgancoin was launched.

That one sounds like they have the right idea then. Did they give you an idea of how long you would have to wait and did they pay for a cup of tea or twenty minutes of soft play? And how good or bad was the rate that it gave you?

I hadn't heard of many ATMs that you could sell to. Most of them out there seem to be buy only and tales like this are only going to enforce that. The only way to be sure is to make people wait for the confirmations and they either have to sit there or leave and trust the BTC will arrive. Anyone with any experience here of selling to an ATM?

I haven't heard of a wallet.wallet file before. Could it be a Multibit file?

Bitcoin Core will create wallet.dat files. Perhaps someone else will pop along who has heard of it. No matter what's happening, make sure you're fiddling with this on a machine that's nowhere near the internet. You really don't want to expose anything to the net.

Just to double check, it's a wallet.dat file? They're usually encrypted with a password. If that is the case can you remember what that password is?

Downloading the entire blockchain is less of a grind than your machine indexing it which may take several days. If it is a wallet.dat there'll be lighter options than that.

What do you actually have on the USB. Is it a private key only or a seed written down or wallet file of some sort? That's going to dictate what you need to do.

Whatever it is I'd transfer it first to a conventional wallet under your control and then transfer to the exchange.

It's obvious the moment you look at an exchange's order books versus the trades they're reporting.

There are a few out there with $10-20 in total in the order books but have all the trades happening just above those non existent bids and sells. Coinmarketcap and pals really need to shun them. They're feeding them real customers who either can't actually use them or get fucked by them.

Looking here - https://coinmarketcap.com/currencies/bitcoin/#markets  I have literally never heard of most of those 'top' exchanges.

Whatever the outcome, and considering Japan's fondness for convicting people runs at 99% it's a given, it's far from the end of the Gox saga. I'm sure there's plenty more intrigue to come and none of the victims have seen a penny yet. I'm enjoying seeing the law slowly catch up with all the pricks who thought they were immune because it's 'on the internet'.

One of the main factors is identifying what is an asset and what is a liability. Once you reach a certain plateau then indulge those liabilities all you want, but until then you need to slice them out of your life. Most people I know chuck their money away on shit that hinders their progress when it could be working for them instead.

Your relentless defensiveness and apologism for creepy people and aspects of things you have no influence over is really bleedin' weird.

No effect. The time to be an Englisher in BTC was the day before the referendum result. Since then it's been very relaxing to see it all turn to shit feeling immune. There are no BTC/GBP markets of note and the general public is too busy trying celebs on Twitter to pay any attention to this.

I presume it's would be the same as paying for something in a shop and then taking your money back out of the till. It is of course the owner's fault for leaving it wide open but you're still obtaining something dishonestly.