https://www.bloomberg.com/news/articles/2019-02-09/software-engineer-loses-life-savings-in-quadriga-imbroglio?utm

Here's a face to put to it all. I feel bad for him, but at the same time... holy sheeyit. Especially since it's had such long standing problems before this latest madness.

It's basically a gift card. You can only spend it on a few things, and not real products on Amazon. It's mainly apps for the Fire and Kindle stuff.

There will never be a reason for them to create anything more than that.

Interesting that this - https://en.wikipedia.org/wiki/Amazon_Coin is never, ever mentioned in this context. Amazon coins have been around for a quite a while now but you never hear anything about them. They're transferable between accounts but have limited uses.

Going on that wording that indeed looks like the case. But I've never seen that caveat mentioned anywhere else by anyone before. Maybe it's some sort of literary kludge to make Paypal happy. I should test it out but have no desire to sell anything.

What was their criteria beyond the coins not having moved? Beyond burner addresses and publicly known events like that Polish exchange that deleted its private keys that's all they have to go own in most cases. I've got coins that haven't moved for over five years. They certainly ain't lost.

https://micky.com.au/generational-change-the-most-powerful-bitcoin-price-catalyst/

A bit of a piffling article but it raises something that isn't mentioned all that often.

You have newer generations who've grown up with internet services being near instant and always on. When they start to do adulty things and realised how stunningly creaky banking still is in many parts of the world something like BTC looks like a natural extension of the lives they've lived so far, not a freaky imposition.

It's unfortunate that most of them are totally skint and will be for their entire lives though.

There's nothing stopping you adding your own air link when you get yours up and running.

This is one of the very first of its type. It's not going to have every convenience imaginable. I presume it was put together and occupied by some hardy souls.

When do we get to see the interior?

I myself am only really interested in living under the water rather than on top. That's a little more demanding.

Why is OTC never mentioned as an option?

Obviously it's for larger amounts but if I wanted to buy or sell a larger amount that would be the first place I'd check. You get personalised service, a tailored deal and money does not linger anywhere. I do not fancy the idea of a ton of money being locked up by some $15 an hour asshole at Coinbase and becoming a forgotten ticket number.

That sounds exceedingly strange to me. Why bother with the hassle of setting it up for such a narrow set of criteria? The only wording I can find at the upper level refers to withdrawing Coinbase balances, not their nature.



Doubtful. I presume it's because Coinbase has proven that they have rigourous methods. It's the same with them getting banking in the UK. No exchange was able to keep a UK bank account until Coinbase came along. They'll have the weight and the backing to wangle one. Anyone else will still be told to bugger off.

However it looks like it's not a piece of piss for everyone - https://ambcrypto.com/coinbases-free-paypal-withdrawal-flagging-users-accounts-for-alleged-money-laundering/

The only ones we can be 100% certain of are those sent to burn addresses which is a few thousand. Beyond that we have to take everyone's word for the others.

I don't buy these figures of 20-25% of the supply being lost. I'm sure it's plenty. I'm also sure there are many coins that haven't moved for several years that are fully accessible. For some reason not moving for a while is enough for others to declare them lost.

https://www.ccn.com/nyse-owner-bakkt-is-our-moonshot-bitcoin-bet

The whole thing is still sounding rather woolly by the sounds of that.

“It’s a bit of a moonshot bet and it’s been organized in a manner that is very different than the way ICE typically does businesses.”

“Bakkt has its own offices, its own management team, etc. They’re well along in building out an infrastructure that I think you’ll see launch later this year.”

I'm sure this type of casualness happens all the time. It doesn't usually have a rabid audience giving it more attention than it should.

It's worth mentioning that one should be VERY cautious with unproven wallets for forked and airdropped coins.

A lot of people will happily install anything that's suggested by anyone without considering they may be opening up their computer or private keys for anyone to grab. That can be rather more lucrative than creating some shitcoin or token.

Is not pronunciation a choice to an extent? There's an element of fake it until you make it, not that it really matters with English as there are so many different forms of it.

A relative lives in France. I can't understand what he's saying compared to the locals because he makes no effort to sound French. I can't really remember much French any more but I do at least make the effort to pronounce it like a French person. That usually bites me in the arse as they assume I'm a native until they realise I don't understand anything they just said. I could speak it with my own inflections but don't see the point.

The one language I did get relatively fluent in is Italian which was picked up when living there. I could definitely tell when someone from another area had a strong accent but it would've been difficult for me to replicate.

I would suggest posting the mp3 files on youtube with subtitles. If a reader can't access youtube easily then perhaps you can post an mp4 file for them to download or post on their local video site.

Compared to the various Reddit subs this place is pretty shit for staying fully on the ball. I see things that have been discussed there never pop up here or take several days to arrive. I loathe Reddit as a format but for some reason it's much more reactive.

Other than that I choose to build my own news feed with Twitter. I don't rate any crypto news site. They're all bone idle morons with no interest in facts.

'But Heartline has faith. He said Cotten will send a password posthumously.

He believes Cotten had a plan.'

Why would a professional operation need to resort to 'thoughts and prayers' and hoping the stupid slut had a wonderful surprise in place?

The article emphasises his long time commitment to crypto and how he was 'not like the others'. He's been quoted in the past as saying they operated with multi sig. I don't see how you can be in crypto that long and choose to roll back your security practices, a million times more so when it's not your money anyway.

The same reason BTC remains up top applies to hardware wallets too.

You want a product with the most eyes watching it and an extensive track record to delve into when deciding whether to trust it or not.

Considering the lack of competence that's rampant out there, let alone malevolence, why would anyone take the risk?

I don't like the way Ledger operate very much so I'm sticking with Trezor until the end.

The memory may still be intact, though I certainly wouldn't expect it to be by then. I think flash storage needs spurts of electricity every now and then to maintain its stability. The above link cites 30 years but also adds that's with occasional use. There's no type of battery.

Your bigger problem will be software and firmware. It's doubtful Ledger will be an ongoing concern and whatever code they came out with will either be long since compromised or unusable on modern machinery and that's before we consider whether there'll be any type of USB connection by that point in time.

I regard the Ledger as disposable element. The seed is the permanent one.

Why would anyone watch and wait?

It's just the same as Bitpay. Bitpay must have lost a ton of potential business with the fee madness. As soon as an option came along that solved some of that in case it becomes a problem again they would've adopted it.

The reason they didn't is because Bitmain is a major investor who wants to push people onto their increasingly dead chain. Same goes for this. Almost everywhere that doesn't have BCH fingers in it now has Segwit options or has stated it's in the works.

Putting BTC into buying a Casascius coin premium wise is basically throwing a decent chunk of it away within a reasonable time frame, and you may never recoup it. If you pay and think in dollars then it doesn't really matter.

And what proportion of the Earth's population can access an American stock or bond market?

Anyone anywhere can access Bitcoin as long as they have a way of connecting somehow.

There's not enough reflection on the permissionless part mainly because most of us writing here have that permission. Billions do not.