 Does it still sound like a conspiracy theory? Privacy will be gone completely in a few years. We will be sharing our cars and homes with strangers. I already share my country with millions of illegals thanks to the US politics in the Middle East. Make a google search and see which country hosts the most refugees(!). The US has been taking thousands from the Mexican border. These things happen because of the evil globalist fucks like Klaus Schwab. Only gullible people believe this is a tinfoil hat conspiracy theory. Most likely triple jabbed ones. They want to bring Techno-Communism: https://www.weforum.org/agenda/2016/06/could-capitalism-need-some-marxism-to-survive-the-4th-industrial-revolution/https://twitter.com/mattgubba/status/1560529318857609217It's a prerequisite to bring UBI + CBDC.
[ img width=700]https://talkimg.com/images/2024/04/25/raZA1.jpeg[/img]
Does it still sound like a conspiracy theory?
Privacy will be gone completely in a few years. We will be sharing our cars and homes with strangers. I already share my country with millions of illegals thanks to the US politics in the Middle East. Make a google search and see which country hosts the most refugees(!).
The US has been taking thousands from the Mexican border.
These things happen because of the evil globalist fucks like Klaus Schwab.
Well as someone with a family full of conspiracy theorists who somehow came to the conclusion that covid was created by WEF, this is actually a very real and serious threat to Bitcoin, what they are doing right now. And I'm sure that there are some WEF-affiliated people in governments, the IMF, World Bank and others and also rich people who attend Davos meetings who give donations to said people. I'm sure you remember when they tried to outlaw strong encryption and then people were printing the PGP source code on t-shirts, mugs and so on. We need to channel that resistance because ultimately, code is free speech protected by the first amendment. You can't be held criminally liable just for writing it. Maybe your family is onto something: https://twitter.com/EssexPR/status/1544273335881801728They didn't create COVID (a variant of flu) per se, but they did orchestrate the COVID hysteria (mass media fearmongering, social media censoring of dissenting voices, lockdowns that destroyed our economy by increasing inflation, forced experimental vaccinations etc). I was very sad to see Bitcoiners support all this anti-freedom measures back in 2020-2021, but I'll let it slide for a second. And now they're attacking people's privacy...These guys control almost all governments (not just the West, but even Russia/BRICs is a controlled opposition), they're not our friends. The road to hell is always paved with good ("humanitarian") intentions.  |
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Have a look at IPv4 and then tell me why can't we ditch it for the superior IPv6. Modern computers/CPUs can easily handle 128-bit numbers, unlike 8-bit CPUs from the early 80s.
It must stay for compatibility, maybe in future it will be ditched altogether. Thanks for proving my point. IPv4 will never be ditched. Same for BTC (block size debates and whatnot). If we could start everything from the beginning, I'm sure many compatibility layers used today wouldn't be required and many things would be designed differently, with encryption and privacy in mind. But we cannot start everything from the beginning. Trillions of dollars would be required to change all the IT infrastructure globally. Perhaps the A(G)I could do it by itself in the distant future, but that opens a whole new can of worms for humanity. That's why we have monstrous x86-64 CPUs (instead of lean and mean RISC) with tons of legacy baggage (including 16-bit/DOS compatibility), Windows, even WINE on Linux... But we don't need Bitcoin running for compatibility reasons, it's not a backbone of cryptocurrency.
I hate to break it to you, but Bitcoin is the TCP/IP of money. It's as ossified as the ancient IPv4. Imagine if TCP/IP offered default privacy on a protocol level and Tor wasn't even needed... where would the internet be today? Would the elites permit such a global network to exist? |
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This aged well.  |
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HmmMAA, is that you?
Nope. Last time I checked, a Raspberry runs circles around a Pentium 1...
Well, that was my point - technology advances, you get faster hardware for the same amount of money, whole infrastructure is upgrading but Bitcoin still can't be updated because it wouldn't run on computers from decade ago.. https://www.popsci.com/technology/fiber-optic-wavelength-record/ - I'm glad Bitcoin can run on 56k modem... /s Have a look at IPv4 and then tell me why can't we ditch it for the superior IPv6. Modern computers/CPUs can easily handle 128-bit numbers, unlike 8-bit CPUs from the early 80s. ps: I'm not sure if Bitcoin can run on 56k modems, I'd say ADSL is the bare minimum. Would you enjoy it if Bitcoin became IPv6-only? Why do they keep IPv4 compatibility? Why keep hacks like NAT and UPnP when we can all have a real IP address? |
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do you think they also got Satoshi's stash?
i have to believe if the US government knew him already then he could be under their watch all the time or he must have been detained underground already or buried under the desert. for the US government, the world is just too small not to see everyone actually. the world is just like their small village with 7 houses.
I don't know all that. I don't even know if they really know satoshi's identity. I am just making an educated guess. The chances are they know it because their power has no limits compared to a single individual no matter how smart that individual is. Satoshi does not control bitcoin and bitcoin is controlled by the community, so whether there is Satoshi or not, bitcoin will still operate in a decentralized.
satoshi owns 1 million btc. If those coins move, it will be catastrophic. We all think and act like satoshi's coins aren't there. Like they are lost coins. If they move, we'll know then somebody can dump it on the markets. People will panic sell. Bitcoin might not recover from it again. 1 million coins we are talking about here. The devs will have to do a hard fork to prevent this probably and forge a new chain where satoshi blocks don't exist. Even if the main dev team (core) don't do it, some miners can form a minority chain like how they did it with bcash years ago. Either way it won't be good. Again it will create another war. Team 1: We are betrayed, satoshi betrayed us!!! Team 2: This is the original chain, satoshi has to eat as much as anybodie!! If BTC drops down to $1000, some people will buy the dip. On the other hand, tons of miners will be forced out of business... maybe GPU mining will become profitable again, who knows. |
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you will be able to run a worthless, non-mining full node on your Pentium 1 CPU and slow Internet connection that contributes nothing to the network security. HmmMAA, is that you? Last time I checked, a Raspberry runs circles around a Pentium 1... |
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Privacy is a fight that we can never win.
Unless you are a selfish person, even if this privacy thing is good for your daily use, have you ever thought about putting yourself in a shoe of a ruler? Will you want such to exist in your country without worries about someone funding terrorists and they are untraceable? You won't be able to sleep peacefully.
We can't say because privacy is good for us that everyone in the world will use it right, samourai wallet is a dangerous piece of technology if it gets into the wrong hands, so I like the fact that they made it stop, o my God knows how many bad people have use its features for their own reasons.
In a world where no one is completely clean it will be a disaster to have a way to move funds untraceable, even this day's people do bad things and they feel like it's good, a world without law is called lawless, and that's more like a hell on earth. Spoken like a true freemason. Even knowledge/books can become "dangerous" into the "wrong" hands.  Sure, if I were a ruler, I wouldn't want want the plebs to escape the 9-5 rat race, but the thing is I'm not.  |
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Maybe in like three or four decades once Bitcoin is already widely adopted and used on a daily basis, to the point where this wouldn't be able to affect adoption, maybe then it would be okay. But not before. Are you serious? It will be much harder if the network effect gets even bigger. TBH, I think Satoshi had the power to enforce a hard fork back in 2009-2010 at the latest, but no more than that. It's immensely difficult to convince thousands of miners today (15 years later), let alone 30-40 years from now... ps: Of course there's always the possibility of letting the AI take over control of everything (ASICs, writing BTC code, bug testing etc.), but I think this isn't a good idea. |
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Is privacy good for Bitcoin?
I am skeptical that Bitcoin only give us completely control of our bitcoins but with privacy, only pseudoprivacy, not completely privacy. If turning to complete privacy can cause more anti Bitcoin regulations, I will not want it to happen.
If people want superb privacy, they can go with Monero.
Sure, go transact in an altcoin that many exchanges do not accept anymore. Let's say I own bitcoin and want to privately transact using XMR - how do you expect me to do that? Exchange it on DEX and then transact and again exchange it back? That's going to take some time and be really expensive. Let's face it, most bitcoin owners will not send their transaction through an altcoin network just for increased privacy. EUR owners/no-coiners will tell you the same... why should they transact in BTC? Why should they use any kind of exchange (CEX/DEX)? EUR is more hassle-free. ps: Kraken still accepts it: https://coinmarketcap.com/currencies/monero/#Markets |
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Edwards Snowden think he's Satoshi Nakamoto, so he has a huge power to make the developers listen to him, while actually he's just an Average Joe in Bitcoin... You definitely don't understand Bitcoin if you really think Satoshi Nakamoto has such a power/influence over BTC devs. Hell, BTC Core devs have zero power/influence over miners... miners have the final word, since they possess the hashrate. |
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Turning Bitcoin into a privacy coin would lead to a mass government ban of BTC around the world.
The BTC price would most likely go back to the levels before 2015. I'm sure that 90% of the Bitcoin investors don't want this to happen.
They prefer big profits over privacy. I kinda understand them. Bitcoin being a speculative financial asset with a potential future price of 100K USD(or even more) is way more exciting than BTC being a privacy coin used only by shady people and criminals, with a price in the range of 100USD-1000USD. Achieving full privacy in the modern day internet is almost impossible.
This would lead to a mass exodus of miners, which means way less hashrate, therefore it would take ages to mine a new block before the difficulty readjustment. Do we really want that? Even Satoshi himself hadn't envisioned such a doomsday scenario... he took it for granted that hashrate would always go up long-term. Truth be told he had envisioned Monero-like features in Bitcoin:  And no, it's impossible to implement RingCT with a soft fork, you need a hard fork (good luck trying to convince 90% of the miners): https://jonasnick.github.io/blog/2016/12/17/a-problem-with-ringct/ |
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Ναι, το Mimblewimble (GRIN) είναι ενδιαφέρον, υποτίθεται ότι λύνει το blockchain trilemma (και λιτή blockchain και privacy), αν και δεν ξέρω κατά πόσο ισχύει. Δεν έχει καν διευθύνσεις και πρέπει να είσαι online την ώρα που λαμβάνεις λεφτά... Βέβαια ως store of value έχει αποτύχει οικτρά, ακόμα και συγκριτικά με το XMR. Υπάρχει και το BEAM (μια παραλλαγή του GRIN με supply cap και κάποιες άλλες βελτιώσεις). Αμφότερα έχουν μικρό anonymity set (όπως και το XMR στις αρχές). Γενικά θεωρώ είναι πολύ νωρίς για τα privacy altcoins, δεν έχουν κάνει ακόμα δυνατό ντεμπούτο, γιατί δεν έχει υπάρξει *ανάγκη* μαζικής χρήσης τους. Στην post-CBDC era (2027-2030+) θα δούμε τι θα γίνει. Μέχρι στιγμής ο αρχηγός είναι το Monero, με τα υπέρ και τα κατά του. Όταν μεγαλώσει αυτή η πίτα, θα υπάρξει χώρος και για άλλους παίκτες, να δούμε ανταγωνισμό και τι θα επιλέξει η αγορά. Κάτι ανάλογο έχουμε δει και αλλού (όταν ξεπετάχτηκε το Bitcoin, εμφανίστηκε και το Litecoin, όταν ξεπετάχτηκε το DOGE, εμφανίστηκε και το SHIB και ο βάτραχος κλπ.) Με #48 rank στο CMC το XMR (πιο κάτω και από το άχρηστο... PEPE) η αίσθηση μου είναι ότι είμαστε πολύ νωρίς, δεν έχει γίνει ακόμα το ντεμπούτο που λέω. |
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Το σκατό στην κάλτσα...  Τέτοια posts δεν διαβάζαμε πριν 3-4 χρόνια. Έτσι είναι όταν είσαι μισθωτός no-coiner σε ESG πολυεθνική. Σε περιμένει φτώχεια και συσσίτιο αν καταρρεύσει το fiat ponzi.
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Πιο πριν είχε το CryptoNight (που ευνοούσε τις GPUs). Το CryptoNight δεν ευνοούσε κι αυτό modern CPUs λόγω L3 cache; Φτιάχτηκε ASIC με fast memory access και το αχρήστεψε; Το CryptoNight ήταν ενεργό στο bull run του 2017... όλοι με GPUs έκαναν mine XMR, κανείς με CPU. Δεν θυμάμαι να είχε απαίτηση 2MB cache per thread, αυτό ισχύει μόνο για το RandomX. Και γενικά οι GPUs του τότε δεν θυμάμαι να είχαν μεγάλες caches ( δεν είχαν καν L3). Και ναι, παίζει ρόλο και η μνήμη και το latency αυτής... καλή τύχη να βγάλεις φτηνό ASIC με DDR4/DDR5. Στα SHA-256 ASICs δεν θυμάμαι να υπάρχει κάποια απαίτηση για μεγάλη ή/και γρήγορη μνήμη, λογικά δουλεύουν με λίγη SRAM. Δεν θυμάμαι να φτιάχτηκε ποτέ CryptoNight ASIC, απλά οι Monero devs ήθελαν να ξαναγυρίσει το δίκτυο σε CPU-based mining και γι' αυτό έβγαλαν το RandomX ("back to the roots" φάση). Για να μην έχει βγει τόσα χρόνια ASIC chip (πραγματικό ASIC, όχι RISC-V CPU) πάει να πει ότι όντως δεν συμφέρει. Αν είναι έτσι όπως τα λες τότε μάλλον δε συμφέρει. Επίσης, νομίζω το RandomX είναι φτιαγμένο για general-purpose computing, κι άρα εξ ορισμού δε βγάζει νόημα να φτιάξεις application-specific circuit, αλλά επειδή δεν το έχω μελετήσει ιδιαίτερα κρατώ μια πισινή. Το RandomX είναι ένας επιτηδευμένα πολύπλοκος αλγόριθμος που φτιάχτηκε ειδικά για τις Ryzen CPUs (υπάρχει λόγος που οι Intel CPUs έχουν μικρότερο hashrate, ειδικά οι νεότερες με big.LITTLE αρχιτεκτονική). Δεν είναι ένας απλός αλγόριθμος στυλ SHA-256 που στην τελική φτιάχτηκε για άλλη δουλειά από την NSA... Επίσης να πούμε ότι το XMR θυσιάζει ελαφρώς το scalability/decentralization για να ενισχύσει το security (anonymity). Μια συναλλαγή σε XMR έχει τριπλάσιο μέγεθος συγκριτικά με μια αντίστοιχη BTC (ας πούμε 450 bytes έναντι 150 bytes για 1 input/1 output). Θα δείξει σε τυχόν global adoption αν και πως θα ανταποκριθεί στην ζήτηση το δίκτυο του Monero εφόσον δεν έχει άνω όριο στο block size... |
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RandomX ASIC δεν συμφέρει οικονομικά να φτιαχτεί, γιατί θα κοστίζει όσο μια Ryzen CPU. Από τέλη 2019 υπάρχει ο ίδιος αλγόριθμος και έχει σχεδιαστεί για να ευνοεί τις Ryzen CPUs (2MB cache per thread). Δεν είναι κάτι απλό όπως το SHA-256. Για να μην έχει βγει τόσα χρόνια ASIC chip (πραγματικό ASIC, όχι RISC-V CPU) πάει να πει ότι όντως δεν συμφέρει. Πιο πριν είχε το CryptoNight (που ευνοούσε τις GPUs). Τα hard forks γενικά είναι κάτι συνηθισμένο στα altcoins και δεν είναι μόνο για τα ASIC: https://www.reddit.com/r/Monero/comments/qcgl11/monero_ring_size_tentatively_set_to_raise_from_11/Στα fees δεν βλέπω κάποιο σημαντικό spike, άρα ίσως δουλεύει το dynamic block size (βέβαια κι αυτό έχω την εντύπωση ότι έχει κάποιο άνω όριο, δεν είναι unlimited και η αύξηση γίνεται προοδευτικά, όχι απότομα): https://bitinfocharts.com/comparison/monero-transactionfees.html#3yΌσον αφορά την ανωνυμία, έχει το μεγαλύτερο anonymity set συγκριτικά με τα διάσπαρτα BTC mixers (όσα έχουν απομείνει). Δεν έχω δει κάποιον να πετυχαίνει tracing μέχρι στιγμής. Το μόνο ερωτηματικό παραμένει τι θα γίνει αν δεχτεί οργανωμένο 51% attack από Azure/Amazon/Google όντας CPU-based νόμισμα. Το Bitcoin στις αρχές ήταν κάτω από το ραντάρ του συστήματος και την γλίτωσε πριν γίνει η μετάβαση σε GPU & ASIC. Ο ίδιος ο Satoshi το είχε πει ότι δεν έπρεπε να γίνει διάσημο αμέσως. |
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Από ό,τι φαίνεται το CBDC θα γίνει launch γύρω στο 2026-2027: https://www.euro2day.gr/news/economy/article/2243231/h-diataxh-poy-vazei-mahairi-stis-hreoseis-pos-gia.htmlΗ Ελλάδα περιμένω να γίνει το τέλειο πειραματόζωο για το project της ECB, μιας και είναι η πρώτη χώρα της Δύσης που επέβαλλε POS παντού (ελέω Μνημονίων). Είναι θέμα ενός software update στο POS να μπει υποστήριξη για CBDC πληρωμές (είτε ανέπαφα με NFC/κινητό, είτε με QR core). Αυτά τα πράγματα ούτε στην Αμερική δεν έχουν γίνει... λογικό, γιατί είναι τεράστια χώρα. Θα τα φέρουν κι εκεί βέβαια αναγκαστικά όταν καταρρεύσει το δολάριο. |
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Τα fees πέσανε, αλλά οι L2 λύσεις αναπτύσσονται:  |
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