You usually get this right, but you missed one...

Needs proper date formatting for the News Section.

Thanks...

A few years ago people would've been excited at the recognition from such a high level of government.

Now, with the practical trainwreck of the "Bit License" behind us - even though there are some companies willing to suck up to the regulators, we can see that the only "help" the government will provide is how to get people to give them a cut of the Bitcoin action.

That is all this is, recognizing a new income stream for the parasitic political players to latch their hooks into. The thing is, Bitcoin has done well enough on its own that we don't NEED a government to give us breaks. The only thing they can be interested in is how to extract revenue from a new asset class.

Mark my words, its the beginning of setting their hooks into local legacy banking systems when dealing with Bitcoin.

A more even-handed presentation of the halving than most articles.

It comes down to the following:

Block reward halves to 12.5 from 25.

As a miner, either you hope that price doubles over the next few months, or you increase your operation to keep the same income stream. As the article mentioned, some are using nearly free electricity, so they don't really give a damn.

Any claims that the halving will produce a "downward spiral" for mining is a bunch of hand-waving hysteric nonsense. If that were true, it would've tanked Bitcoin LONG before the prices and hashrates we're seeing now. Don't fall prey to those kinds of sensationalist claims.

Sounds like an unscrupulous money manager, not that it had anything primarily to do with Bitcoin.

But naturally, the press always loves hanging the word 'scam' next to anything written about cryptocurrency.

Just a bunch of crap for a clickbait article.

We survived the other halving, we'll survive this one too. Sensationalism is out of place here.

This shouldn't be surprising to anyone who knows game theory.

The whole fundy fund of funds is structured to incentivize you NOT to vote for any given proposal. Its hilarious when put to the test, isn't it?

Necro-posting shill.

Piss off...

I await the inevitable regulatory pushback.

Better have all of those 'i's dotted.

Needs proper date formatting to be in the News Section.

Thanks...

Needs proper date formatting to be in the News Section.

Thanks for editing to include the date.

I still don't see how their "integrity layer" will solve the problem of someone registering content as their own, but they happen to do it before the "legit" owner does. There's really no way to algorithmically solve humans being cheating bastards about Intellectual Property, hence the whole mess of DRM and other schemes that don't seem to do anything but annoy end-users.

How funny that an anarcho-squatter hasn't really done much lately with his projects. Perhaps instead of railing against the world at large, he might have a long introspective look at why his many false starts have failed to materialize the changes he wanted. Its easy to be a big-mouth and spew a bunch of buzzwords, its a bit harder to actually apply knowledge have some kind of appreciable impact on the world.

In other words, Amir may just have to "grow up" before he realizes that instant gratification isn't a real goal, which he ironically blames other people for being short-sighted about.

Personally, I've thought he has had good ideas, but they are undermined by his utter lack of relating to people around him. He comes off as a ranting nutter, most times.

This buzzword-application of "Decentralized" to everything is ridiculous.

You can't really be a decentralized corporation, because by definition, you are INCORPORATED somewhere. Saying "the blockchain" doesn't count. By not really being incorporated, you don't have the legal protections or rights as a corporation. So you might as well just call yourself "Decentralized Sovereign Citizen", but saying it won't make it so.

This jargon bullshit is similar to the old 1999 - 2000 tech bubble, where having the right alphabet soup of empty nonsense-words was used to get financing that even the VC's didn't fully understand what they were backing. It didn't end well, and I doubt this will either.

Needs proper date formatting to be in the News Section.

Thanks...

The chinese fake volume on principle. In their view, it is a legitimate way to attract business. Bobby Lee of BTCC called them out not long ago, but nobody listens I guess. Its even more pronounced over our last dead-as-hell period in the 420's. During that period, everyone's volumes were down except Huobi and OkCoin, who spoof the hell out of their tape using bots ping-ponging trades to each other on their respective exchanges.

Anyone who believes Chinese exchange volume numbers needs their head examined, its been the biggest "secret" non-secret out there that they are faking it until they "make" it. Bitfinex has more accurate reporting, but I'm not going to believe they aren't doing it either, just probably at a smaller rate as not to be completely obvious.

Here's a quote for a good laugh:


No, what they're REALLY doing is using legacy policies to encode your identity into their system. Just the same old financial bullshit, with a different spin. Of course it has all the buzzwords, "social" blah blah blah.

Another thing, this news site must be a joke, because the top rated exchanges don't do crap in volume. They don't even list Bitfinex, which is the volume leader of the non-chinese exchanges. (If you can believe any of the china data anyway, which is another matter.)

Whatever, just another throw-away article about some "social" has-been product.

Needs proper date formatting to be in the News Section.

Thanks...

Why save something that does nothing but suck up to governments and corporations?

Bitcoin doesn't need a lobbyist, it just needs to continue growing as it has all over the world.

The ETH pumping continues. I wonder how much coinbase paid vox for this story.

Alternatively, read this:

https://medium.com/@tradertimm/bitcoin-vs-compute-coin-hucksters-c4acdc3be37f

Poor Fred, he really needs perspective.

https://medium.com/@tradertimm/bitcoin-vs-compute-coin-hucksters-c4acdc3be37f

Huckstering for an alt-coin to boost revenues, check.