Many, many patents are defensive or speculative and even more never see the light of day. Airbus and Boeing probably have patents for dining while travelling through wormholes. I'll bet most banks have similar stuff if you dig around.

https://forum.nem.io/t/foundation-faq-core-dev-perspective/20363

NEM core developer perspective here on the foundation.

I find this un-fucking-believable.

They were supplied with a Catapult roadmap six months ago and have done nothing with it and Jaguar suspects most didn't comprehend it. I really hope these elections get rid of the dead wood and install people who realise there's a world beyond their meetings because that's a flat out piss take.

What a load of straw clutching hogwash.

There was absolutely nothing stopping the UK government from pulling their finger out whilst in the EU. After all this time they've done sod all. I can't see that changing since they're too busy destroying themselves and the country.

Openbazaar which has been going for a quite a while but you never really hear much about it. It's not a site, it's a client you run yourself so the chances of being scammed are vastly lower. I don't know how busy it is these days but it's worth checking out. Though reading up about Satoshibox I can't quite figure out what people sell there other than scammy shit.

It's interesting how humans have basically rejected 'new' cities and revere the chaotic and knackered old ones. That hasn't stopped all these numerous attempts to build a nirvana that no one wants. I expect somewhere like this would be entirely business led and if the businesses went then the people wouldn't bother sticking around.

I know everyone meanders down a different path, but you've been here for over five years now. Surely you're a little bit insulated by an earlier arrival than average? I can see how someone who turned up last December would be sad. Less so several years back. None of my business of course.

I rather think the SEC has slightly better things to do with its time than prick tease a bunch of impatient brats and then chortle and touch themselves as they flick through Reddit whining.

The bottom line is that crypto as it stands does not fit a framework that they can work with and it's going to be a long time before that changes, if ever. They're not going to compromise themselves to fit around it.

My willy is telling me we won't see any powerful bullishness until 2020 though perhaps the price will be more buoyant towards the end of next year. What we really need to settle is what stock markets plan to do in the next couple of years. If they decide to take a giant shit then I think all bets are off. The bigger crypto gets the less of a vacuum it operates in.

Real finance types will sit there for years before their bet comes through. We're all twitchy crypto kiddies which is why it feels that way. Things like this enable increased bullishness when times are bullish in general, they won't create it.

I think the geezer is totally right. ETFs are an attempt to run before anything can walk. The only hurry is in our sweaty little minds. It'll happen when the time is right and it certainly isn't around now.

"legal issues" is an extremely broad term. I've never heard of anyone anywhere being prosecuted for simply owning it or sending it to someone.

In third world dictatorships like the USA you can certainly end up in prison selling it to other people without a licence.

An e-gaming arena?

Funny how people like this throw around their futuristic plans but rarely seem to consider the day to day stuff. Is there enough water for something like this?

Since he's throwing enough real money at it maybe something will spring up and I like his attitude to the whole thing. It's not as if he's going around trying to milk dentists for the money, or worse, an ICO. If he builds it I'll certainly enjoy a nose around.

For any Brits out there who are in a tax paying mood I'd say this thread here - https://old.reddit.com/r/BitcoinUK/comments/9ilzan/tax_thread/  is the go to place for now. It also has a chatroom link.

Yeah, he's always smelt of pure hustler to me but it's easy to forget that when the Winklevii started to get interested in 2012 there really weren't very many people to hook them up, he might have been the one and only game in town.

Perhaps they wanted to Pygmalionise him and turn him into a preppy guy with a sweater draped over his shoulders they could wheel out for their buddies.

That's the great unknown. The overall economic outlook has basically been unchanged - up up and more up - since this whole party started and the more people get on board, the more wider behaviour will affect BTC.

As it stands I think if world markets took a prolonged shit Bitcoin would take a bigger one. It would need a few more years before enough people thought of it as more than a cool bet.

The question is - who will it improve it for?

Even before it's up and running it's clear that wealth is becoming ever more concentrated in a tiny number of hands. The full implementation of this would crank it up to another level, one that might have huge repercussions for normal people.

Compared to a few decades back everything is more precarious for the average person these days. Stuff like this is only going to make it more so. There's no point moaning about it because it's going to happen anyway but if I was one of the gods I'd be wondering if I was going down a path leading to some unpleasantness when all those peons out there have had enough.

https://www.nytimes.com/2018/11/02/technology/bitcoin-charlie-shrem-winklevoss-twins.html

Was he really the first?

The Winkies reckon he's been funding his sexy post-prison lifestyle with money rightfully owed to them. If you've read Digital Gold by the author of this article you'll remember they have plenty of history with each other.

It's interesting how sticky Bitcoin's earlier scum phase is. It still keeps on bubbling through things like this and Gox etc.

I well remember the - delusional - panic about a return to the $1000 level. Would everyone run for the exits? Same went for $10,000. Surely it would be too much to resist?

It wasn't. It made it through both with relative ease.

If things are bubbly then someone selling their $500 bitcoins is going to have an army of newcomers wanting to buy it off them for tens of thousands. And there won't be many $500 bitcoin owners left by that point.

The difference is that no one gives the slightest shit what India does. It's always been nowhere in crypto terms and they're ensuring that it remains so as well. Let them hang themselves.

This shouldn't be surprising to anyone. They've restricted gold imports and thought nothing of demonetising their bank notes and thus rogering their own population for several weeks.

And good luck encouraging 'blockchain' with zero incentive to use or secure it.

Good job you only have to pay 20% then. You're welcome to pay the extra 25% voluntarily. That'll fund another council bum wiper for me.

The primary risk of ever more stablecoins is splintering their markets into a bunch of tiny and weak ones. I see no reason why any self respecting exchange would list multiple coins. All they're doing it creating an incomprehensible mess with piddling volumes.

Absolutely no way would places like Gemini or Circle gaily issue unbacked coins. It's not going to happen. They have heavyweight investors and regulators up their arse. They'll be a level of legitimacy higher than anything that's come before.

Another risk is running them on ETH. If you have another cryptokitties then your quasi dollar gets stuck in a swamp of txs. And I hope those contracts are watertight as well.