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81  Other / Politics & Society / Re: Which Country Will Implement BTC/Crypto As Official Payment First ? on: January 27, 2020, 02:07:09 PM
We can expect that some tropical tax heaven country could do so.
Unless we will see state-issued stable coins being introduced.
82  Other / Politics & Society / Re: Coronavirus Outbreak on: January 27, 2020, 01:50:32 PM

The first thing any country should be doing now is to ban any incoming flights from China to their respective countries because the Chinese are indeed allowing people to travel to anywhere in the world. I don't know if they are willfully spreading the disease around the world or not but from reports I read, they were very slow in closing down the market where the disease originated from.

What about goods shipped from China to other parts of the world?
83  Other / Politics & Society / Re: "Doomsday Clock moves to 100 seconds to midnight" on: January 27, 2020, 01:47:44 PM
Nuclear terrorism could occur

This is a known fact, that during the collapse of the Soviet Union, there had been lost approximately 30-40 nuclear warheads in the size and shape of a suitcase. This is the official amount. Each warhead has its own "trace" - each reactor leaves unique characteristics of radioactive materials coming from it.

The question is - where are these actually being held? As a secret stash in some state? Forgotten in a bunker/ammo storage?
84  Bitcoin / Bitcoin Discussion / Re: So this is what 21 million bitcoins look like. on: January 27, 2020, 01:20:44 PM
But to be honest the idea of fixed BTC size wallet would be something worthy of thinking about.
85  Economy / Economics / Re: New York City Stores Must Accept Cash Council Says on: January 27, 2020, 01:01:48 PM


Cashless societies being progressive leftist movements.

I don't suppose they're doing this to make life easier for illegal immigrants who may not have access to debit cards or bank accounts?

If such is the case, someone could design and rollout a cryptocurrency which makes life for illegal immigrants easier. It could end up being the most quickly adopted crypto of all time, no matter how much electricity it utilized, how many animals were harmed or the ecological disasters it might have caused in the process.



As well do not forget, that if you are somehow politically incorrect, often banks/payment providers may refuse to provide services to you. If you have in such case no access to hard cash (or cryptocurrency wallet), you simply cannot live a normal life, as you will not be able to pay even for own groceries.

86  Local / Polski / Re: Paper Wallet – Papierowy portfel Bitcoin on: January 27, 2020, 12:02:15 PM
O ile często nie ma oszałamiającej trwałości, to paradoksalnie może być to jedna z najbezpieczniejszych form przechowywania kryptowalut, ponieważ złodzieje go z pewnością zignorują.

Chyba, że dostali uprzednio informacje, czego dokładnie szukać.

Zawsze możesz go zalaminowac i nawet woda i wilgoć nie będą mu straszne

Przy okazji warto zauważyć, że wydruk z drukarki laserowej jest trwalszy (nie blaknie) od wydruku z atramentu.
87  Local / Polski / Re: Pospekulujmy o aktualnej i przyszłej cenie BTC. on: January 27, 2020, 11:59:24 AM
Może przed halvingiem będzie jakaś pompka na co chyba wszyscy liczą 😁

Niemniej jednak takiej pompki jak w wypadku LTC raczej nie ma co oczekiwać, wzrosty o 1000% to już chyba raczej jest pieśń przeszłości jak mówimy o BTC. Tutaj bardzo dużo zależy też od tego, jak mass media będą nakręcały sytuację.
88  Bitcoin / Bitcoin Discussion / Re: Bitcoin will NOT surpass traditional methods of payment. Convince me. on: January 24, 2020, 03:18:55 PM
Bitcoin as a currency would have scalability as an issue. Increased number of transactions lead to network congestion which in turn makes the network slower and expensive. Thus, not really viable for day to day transactions. So yeah, Bitcoin becoming a payment mode is not really viable and can't match the ease and speed of the present payment modes.
Still, it would be much faster than international wire transfer from 1st to 3rd world country. And much cheaper after taking into consideration volatility of BTC!
89  Bitcoin / Bitcoin Discussion / Re: What is stopping the US Government from outright BANNING Bitcoin? on: January 24, 2020, 12:55:34 PM
What is stopping the US Government from outright BANNING Bitcoin?  For argument's sake lets say today (23JAN2020) 3% of the US population is using Bitcoin for 3% of their purchases or financial transfers/transactions. And, let's say 5 years from now around 2025, 30% of the US population is using Bitcoin for 30% of their purchases and financial transfers/transactions.  Consequently, the US Government monitoring this situation sees the trend that 30% fewer transactions are being done with the all mighty US Dollar. Well, it would seem that the US Gov would hold the view that the popularity or use of their US currency is being threatened by Bitcoin. And so, what is stopping or what would stop the US Gov to outright make it ILLEGAL to use Bitcoin at some such time?

The answer is simple - taxes and mafia.

The USA once banned alcohol. As a result, authorities lost part of their revenue, mafia became rich and powerful (ever heard about Las Vegas), and people had been drinking anyway - but without the supervision of the state and health standards, people had been dying because they bought poison instead of liquors (as eg. you cannot distinguish methanol from ethanol in taste or smell).
90  Economy / Trading Discussion / Re: My personal challenge: $1,000 to $1 Million on: January 23, 2020, 12:20:07 PM
All the best to you too!
And remember to have everything recorded, because with all the higher levels of verification you will be asked for sources of funds/how did you get the crypto and where from. If you fail to do so, then your account could be even suspended, making such a challenge impossible to be finished!
91  Economy / Economics / Re: Thoughts on the World War 3 and its possible impacts on future? on: January 23, 2020, 10:45:39 AM
War War III in a military way will not happen, as all the major countries which could try to start one between themselves (about the global domination) already have nuclear weapons. And since the Cold War, we see that the fear of MAD (Mutually Assured Destruction, inevitable wiping out population of involved countries, which will lead us to the new ice age because of the amount of radioactive dust in the atmosphere) is too strong for a real war to emerge unless we get 100% effective ways of making nuclear arsenals ineffective (like capacity of shooting down all the missiles). Best of what can be done are smaller, so-called proxy conflicts, where indirectly big players compete with each other using smaller countries/fractions in case of civil war to compete or fight each other.

And the Cold War ended because of the economy.

This is basically a crawling world war - a war where one country is winning, as companies from this country are major global players crushing their foreign competitors; establishing your currency as a dominant one and influencing culture in a way that people want to buy products developed or produced in your country. As well as imposing foreign tax tariffs weakening export from countries and economic sanctions are right now an equivalent of battles.

92  Economy / Economics / Re: What if crypto vanishes? on: January 23, 2020, 10:32:30 AM
I do not know how will it happen as it is equivalent to saying what if networks stopped working  and internet gone. Let's us assume your fantasy even it happens then for short period of time u will see some rage moment across the globe and it might lead to big chaos scenario and we might see major accidents.
Cryptocurrency can still vanish without shutting down the internet. It could happen once the government order its citizen to stop using cryptocurrency for certain reasons. Even though most of the cryptocurrencies are decentralized, they can't still stand against the government because it is still mandatory to follow its orders or else you will end up in jail.
If the government really had the capacity to control and manage crypto, crypto were not able to grow until now, you can see a lot of bans have been issued and then repealed, all of which is useless with crypto, that means crypto will not disappear unless the internet is completely destroyed. But the internet is always a very important and secured network, if it is destroyed, not only will crypto disappear, so many other products will disappear similarly, I do not believe that the authorities may be careless in this situation

Authorities have a capacity of at least partially control and manage crypto by the law, which is already imposing on companies verification of the users (including checking your source of income in some cases) and managing anti money laundering. As well in some countries, you cannot buy legally some cryptos using fiat (unless it is otc cash transaction with individuals).
But in many cases approach "why to ban it if you can tax it" is starting to prevail.

93  Economy / Economics / Re: Is there a list for OTC for fiat? on: January 23, 2020, 10:20:28 AM

Lots of smaller transactions would be less out there but then you have questions from the bank.

This is because banks are obliged to check your transactions for "unusual/unreasonable" patterns. And they are legally allowed to freeze your account with all the funds on it, or as they had been doing in case of many crypto users and investors in past years - shut down your bank account or refuse to provide services to you.

94  Economy / Economics / Re: Venezuela Is Now More Than 50% Dollarized, Study Finds on: January 23, 2020, 10:04:54 AM
I am not sure about the idea of them making use of cryptocurrency, if it’s up to me to decide I would say that them adopting a stable currency is a pretty good idea.

Cryptocurrencies, especially Bitcoin, are highly volatile and imagine they save their money in a cryptocurrency wallet and adding that there is a black out makes everything worse as they are likely to lose their money due to the price fluctuation. So, I don’t see the idea of making use of dollars bad, it is good at least in short term perspective. Anything possible for them to get themselves out from that bad situation they should keep doing that and help themselves.

It is pretty easy to seize fiat on your account. Or get a police/military raid your house looking for gold or banknotes. It had been happening for decades already.

With cryptocurrencies in quite many cases it is almost impossible to get your crypto seized. In the case of hardware wallets, you still have a chance to get access to its content if it is stolen. If you are smart enough, you can keep your cold wallets in plain sight and basically no one will notice it - even on family photos.

The only threat would be for you as an owner of a cryptocurrency to get tortured in order to give all the access to your wallet, including passwords etc.
95  Economy / Trading Discussion / Re: How binary options brokers make money - any idea? on: January 22, 2020, 04:51:53 PM
Check payouts - if you lose a bet, you lose the whole amount, when you win, you never get it double. As well BO have already a very bad reputation as such, as in the past many of them had been manipulating rates or blocking a possibility of withdrawing profits.
96  Other / Politics & Society / Re: Cryptocurrency and Society on: January 21, 2020, 03:44:44 PM
My hope for cryptocurrency is that it takes away the state's power to print money and fund warfare. 

In the past, with the gold standard, the ability of funding warfare was very limited, therefore the size of the forces (founded by state ruler) was limited.
This is why in feudalism monarchs had been summoning local feudal lords with their forces.

To be honest, this could happen even today - this time feudal lords could have been replaced with corporations - can you imagine a tank division funded by eg. McDonald's?
97  Local / Polski / Re: Prawa autorskie do BTC przyznane dla Craig Wright! Czy to jest naprawdę Satoshi? on: January 21, 2020, 02:52:12 PM

Mam nadzieję, że po 10 latach, możemy już powiedzie, że kod Bitcoina, jest solidny i bezpieczny.

Też tak uważamy, ale ten człowiek z całą pewnością będzie starał się pompować swojego forka, co generalnie w ramach "satoshi vision" musi oznaczać w pewnym stopniu szkodzenie wizerunkowi BTC. Zaś takie zagrywki (+możliwa współpraca z wielorybem, który rzuciłby na rynek w jednej transakcji naprawdę dużą ilość BTC) nie są czymś, czego nie możnaby się spodziewać.
98  Economy / Economics / Re: Invest in BTC vs Invest in Real Estate? on: January 21, 2020, 02:34:20 PM
You must wait 10 or more years for real estate investments. These are my comments. In my opinion, 10 years patience for bitcoin can earn more money. The 10-year adventure of Bitcoin price is obvious. I think Bitcoin is a more lively investment.

Not to forget, that if you buy real estate and it is going from a nice location to the bad neighbourhood (people, facilities, infrastructure) in 10 years (what is more than enough), then you may not find yourself very profitable (if at all). As well, if a financial crisis will take place, then you will have problems with not even selling the real estate, but even renting it.
Not to mention that in some cities in the world, in general, the price of real estate remains at a similar level or can go down.

Another thing is that investing in real estate requires knowledge or hiring some professional. With BTC even if you are not a professional, as a HODLer so far you were able to generate a good rate of profits, of course, if you did not buy at ATH just to sell it lower in panic.
99  Local / Polski / Re: Prawa autorskie do BTC przyznane dla Craig Wright! Czy to jest naprawdę Satoshi? on: January 21, 2020, 01:48:10 PM

Po co CW (taki cwaniak z całą bandą adwokatów i sam po prawie) miałby się pucować przed sądem o istnieniu, jakiegoś Tulip Fund i wyjawić prawdę o zamkniętych na dziesięć lat bezpiecznie Bitcoinach, które zaraz niby dostanie? Żeby zaraz oddać taką fortunę? A to wszystko, tylko dla pompy BSV?

To co myślicie, że CW jest na tyle durny, że nie przypuszczał, że go oskarżą krewni Davida?
To chyba jedyne wytłumaczenie. No może ale bardzo wątpliwe, bo gra nie warta świeczki, a kto jak kto ale CW liczyć (chyba) potrafi.

Foil hat mode on

Co jeśli pompa ma służyć nabiciu kieszeni, przed jakimś niespodziewanym wydarzeniem, które ma wstrząsnąć kryptowalutami i dać możliwość zrobienia jeszcze większego przekrętu?
Jak krewni D.K. złożą oświadczenie, że wycofują pozew i w ich mniemaniu Craig potwierdził, że jest Satoshi, to przecież BSV poszybuje w kosmos. I jako taki może na przykład powiedzieć, żeby ludziska pozbyli się masowo BTC, bo obecnie Chiny tak na prawdę kontrolują BTC (co wyklucza się z wolnościowymi założeniami BTC), nie to co mining pool BSV.
Albo że jakkolwiek to brzmi, gdzieś w kodzie źródłowym BTC jest poważna luka, którą kazało mu np. CIA umieścić i nikt jej nie zauważył dotąd? Szczególnie, jeżeli się okaże, że autentycznie z tej listy, którą podał ma nad 1 portfelem kontrolę i przy tym pokazowo skorzysta chociaż raz z tego portfela? Przecież to potencjalnie mogłoby spowodować spadki BTC o kilkadziesiąt procent...
100  Economy / Economics / Re: How regulation affects the crypto price on: January 21, 2020, 12:30:09 PM

So far? Money laundering will always be against the law.


In many countries NGOs, charities or donating pieces of art is often a leglised form of money laundering.
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