Enlighten me: why has the gold price been dropping in the past year?  From my (limited) understanding of economics, I'd expect gold to go up when (the fear of) inflation kicks in. But instead, it stopped going up the moment the inflation went up. Is this "normal"? Or could it have to be with Bitcoin taking over part of gold's safe haven position? Buy the rumor, sell the news? People may also be selling to buy things that they think may be about to become less available with the supply issues going on. |
|
|
|
Translated from german, OT: EU is working on the “master key” for social networks
At the meeting of interior and justice ministers in Luxembourg, which ended on Friday, the start of an EU regulation against secure encryption in social networks was quietly and secretly set. Commissioner Ylva Johansson had such a regulation
(Interior department) already announced in spring.
It was discussed how WhatsApp and Co. should be obliged to compromise their end-to-end encryption (E2E) with master keys and to transfer chats in plain text to the prosecutors. According to Johansson, this is necessary to track child abuse online. The subject was not mentioned in the press release after the ministerial meeting.
Few things get me angry, but this one is exceptionally hard to swallow. I don't use facefook and whatsCrap, tho. EDIT: How about "democracy abuse", this would probably get most of these fuckers into jail. Never irrelevant  |
|
|
|
Agreed. His contributions to Bitcoin are super valuable. And continue to be. As long as I ignore who he flamboyantly blocks on twitter and for why, I am fine. That was the bit the sort of surprised me. He does the cancel-culture thing pretty hard for people who hold different beliefs than him politically. Obviously there are some assholes on twitter (lol understatement) but it's strange to me that he is able to see so much nuance in some arenas and seemingly so little in others.
He was always someone I'd heard mention of but seemed never to hear much of directly other than the occasional tweet posted on the WO thread. For me though, the shine definitely went off when I heard that he had not accumulated any bitcoin over the seven-odd years he had been involved in it (at the time). That just beggars belief.
56.50 |
|
|
|
Let see the worst case scenario how much Satoshi owns guessing from the earliest wallets. Two Bitcoin wallets associated with Satoshi holds 980,000 bitcoin which is about $54.10 billion as of today on Oct 2021. That’s less than two days of current trading volume of Bitcoin. (last 24h volume is $38.36b).
So yes it will slightly effect bitcoin price in terms of $ and guess how much time would it take to recover back? Few weeks? Couple of months? Or a year? That’s it…. That’s it even a year is too much of over calculation. But question here is would I be selling “any thing” because of any such event?
Well, the concern behind Satoshi moving his coins has always been less about his ability to move the market and more about possibly losing his anonymity and his hands-off approach and also the potential signalling of his confidence in Bitcoin. I'd say all three of these are much diminished compared to, 5-7 years ago though. |
|
|
|
imho, nfts will evolve into a method of human/machine and machine/machine interaction rather than mostly 'artsy' objects.
1. an nft that opens a rented airbnb in London.
2. an nft that gives you the right to purchase something for certain price at a certain location or any location.
3. an nft that secures your car loan
if machine/machine interaction would be possible, then you would just 'task' your AI-agent and they 'go' around making it possible while you don't have to make a gazillion phone calls.
You can't just list random shit that people do and add "with an nft" next to it. They are simply bullshit invented by get-rich-quickers to fleece woolly thinkers of their money. |
|
|
|
What happens when these channel states get ridiculously long? Is there a point at which we really NEED to close the channel and start a fresh one? Or can we really just keep these little channel ledgers going and going forever.
AFAIK, most channels are typically going to operate unidirectionally (either constantly or net over time) in the real world so periodic settlement is and reopening is likely. |
|
|
|
To be fair, email is a pretty shitty protocol by today's standards. Encryption and signing should be standard. Some email clients kinda-sorta can but it's not what you could call well supported. Even the web with it's broke-ass root CA system has managed to get everyone moving to https.
Some emails do encrypt the data on the backend I think. I think most email providers encrypt it on the backend because it makes it easier for normal people to use the email without knowing how to encrypt. I think it is well supported and it makes it easy to use. You cannot expect a 80 year person to learn about PGP and encrypt their own emails because it would reduce the people they could talk to because not everyone knows how to do it. I think encrypting it on the backend makes it easier for people to communicate quickly and safely. Maybe they do, maybe they don't. Who controls the keys and what protection is in place? There's some point to point encryption in SMTP and POP and IMAP but what we're really needing is end-to-end encryption, by default. And yes, 80 year olds and anyone shouldn't need to learn that shit but they should be able to look at the big red bar at the top of the email that says "This email is not from your bank", or paypal, or ebay, or your grandson in jail that should be there in a well-written protocol. Don't get me wrong though. I know why email is how it is and why it's so difficult to change. It's just that the people writing the email clients should be doing better, especially those who can afford to do so, like Microsoft. Especially now we're all carrying side-channel communication devices which could be utilized for fairly secure key exchange. |
|
|
|
Problem is, noobs tend to assume everything in their Inbox is true and genuine. "But it was an email! To me! It had my name on it!" they scream, as if this somehow makes it genuine.
To be fair, email is a pretty shitty protocol by today's standards. Encryption and signing should be standard. Some email clients kinda-sorta can but it's not what you could call well supported. Even the web with it's broke-ass root CA system has managed to get everyone moving to https. |
|
|
|
I’ll say it again - stupidity seems to be the rule here.
Greedy noobs, beware ffs, and DYOR.
It's an interesting study in human psychology for sure. |
|
|
|
Island ?
Islands are old school. Gotta be THE MOON.  |
|
|
|
Gotta love that "dangerous free-for-all capitalism".  The authoritarian instincts of these people are exactly why they must be opposed. I'm sure he thinks he's some kind of rebel but he's craven to the establishment. |
|
|
|
See, there's this thing about creating models which fit past data... |
|
|
|
 “ Hedge fund billionaire Ken Griffin slams crypto as a 'jihadist call' against the dollar — and says regulation will oust those looking to make a quick buck” "Our Jihad is bigger than yours" |
|
|
|
The confirmation would be VERY contentious, not sure why Biden needs this fight right now.
Biden needs some pudding. This is all being orchestrated by his handlers. |
|
|
|
Hardware wallet? I prefer separate offline addresses. The only thing I use a wallet for is for sweeping addresses and immediately transferring the coins to new addresses. Phone wallet for change. Hardware wallet for a little liquidity. Paper wallet for having lost in a boating accident. |
|
|
|
I kinda like the fact that there were no numbers at the top. They can distract people into thinking they have some kind of importance.
They kinda let you know the current spread (though I don't know if anyone cares) plus the charts are thumbnailed so they kinda give you an idea of where things are at without having to load the big version. The next iteration I'm thinking of would de-emphasize them though. |
|
|
|
|
Has anyone had the Clouflare "always online" thing *ever* return a cached version of a page?
|
|
|
|
Just clicked on "Explanation" and saw the first ChartBuddy image. 2015. Just look at the price.  HoDL, brothers, HoDL!Not actually the first post. The "Explanation" link was added after everyone got fed up with people asking what it was all about. (Actually, may have been when people got concerned about ip harvesting from the external link I had before). This is actually the first available. Slightly higher price but we were in that awful bear market.  There were earlier ones but they have expired from the server they were on. |
|
|
|
Very strange position to be in. Locked and loaded, but not wanting to pull the trigger.
Similar position. Have some expenses need to be taken care of but trying to hold out as long as possible. |
|
|
|
At least it's a good business model, like an anti virus company.
Possibly a good analogy. I still remember when Trend sent out a shitty update to their antivirus software and brought the company I worked for (and many others) to its knees. |
|
|
|
|
Show Posts
