As long as they don't block bitcoin-service website, bitcoin full nodes or internet port for default full nodes, i think there won't be any major impact. If you worry about your privacy, maybe you can use VPN/proxy/tor/anything which can secure your connection.
Also, as long as government don't block website which allow us to see IP of an website, there's still way to access your favorite website as well.
This body has absolutely zero control over any of that.
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The internet isn't being transferred, what is happening is that the ICANN org is being handed over to the UN. They deal with the Domain Name Service system of the internet, of DNS. This is vastly different from the entire internet.
What this means is that, simply, if any website is "blocked" by the UN for x or y reason, you will not be able to type in the Domain Name (bitcointalk.org, reddit.com, 4chan.org, etc.) and get access to it, but you CAN type the direct IP of it and gain access to the website.
It can just be used as a measure to stop subjective "hate speech" from being widely accessible, and discourage readers from the extra effort.
That's also not quite true. They control only the handing out of top-level domain groups, not the identification of specific domains, nor the resolving of domains to IP addresses. Your ISP generally controls DNS resolution, but you can set your DNS server to whatever you like. Google's are free, as are many more. Or set your own up. Also, any changes to the existing rules require a unanimous vote. Everyone gets veto.
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I doubt people bought into the fact that bitcoin is as safe as gold as an investment. I wonder how much of an effect did bitcoin see due to Brexit. Prices didn't seem to move at all.
I noticed the same. The price did not change much. If 0.001% of the Bristish Pounds change into bitcoin, its price will be $100000. 0.001% of the total British Pounds in circulation is less than $1 million US.
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There are many valid opinions on exactly what constitutes "Cold Storage." None of them include "Computer that is connected to the Internet, and from which I download and run files from .torrent sites." Real computer security is nontrivial and requires diligence. It is best to recognize when that level of effort (to understand and to implement) is beyond what you're willing to expend. Half measures are no more valid than no measures, and what you've described is not even close to a half measure. This is not a rebuke. Your computer usage is in no way the exception, but the general rule. Instead, I have a suggestion. www.bitcointrezor.com.
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If Satoshi does not want those coins used, he has already destroyed the private key. They will not be used. Ever. By anyone. If Satoshi wants those coins to use, who are we to tell him otherwise?
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Still amazes me how presidents need to be above a crazy ages I mean how old is Sanders? 80? and Trump 70? wouldn't it make more sense to have someone who is younger and a bit hungry with new ideas etc, Sanders is 74.
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Well he would be the most likely candidate to further inflate the USD the most by printing more money so he can pay for his promised free stuff.. If the dollar going down due to inflation and/or completely crashing is good for BTC then maybe I guess. It will just make BTC look like it's worth more because the dollar looses its value.
Did you miss this recent Trump quote? "People said I want to go and buy debt and default on debt, and I mean, these people are crazy. This is the United States government," Trump told CNN's Chris Cuomo on "New Day." "First of all, you never have to default because you print the money, I hate to tell you, OK?"
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According to Craig Wright
"For some there is no burden of proof high enough, no evidence that cannot be dismissed as fabrication or manipulation... You should be sceptical. You should question. I would. I will present what I believe to be 'extraordinary proof' and ask only that it be independently verified. Ultimately, I can do no more than that." Um, no CW, all you have to do is sign a message with a private key known to be owned by Satoshi (take your pick, there are several). This doesn't require in-person meetings. It doesn't require special clean laptops purchased down the street. It doesn't require clean flash drives, SSL connections, or tarot readings. Just sign a simple message and be done with it. Here's a thought - sign the top headline from yesterday's NY Times. Verifiable proof is not difficult to design. It is not difficult to verify. It is not difficult to create, unless of course you are not Satoshi and do not have access to any of his private keys.
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Andreas is an incredibly smart guy. But I don't think he's right about this. All banks want is a secure and fast way to transfer money between each other digitally. without losing control.
No, that they already have. What they're proposing is not secured in the same way (at all) that Bitcoin is. It's a very weak attempt at distraction from what they see as a serious threat.
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The evidence as presented does not prove that Wright is Satoshi. It also does not prove that he is not Satoshi. It is simply nonsense. All it proves is that either a) Gavin was fooled, or b) Gavin believes the rest of us are idiots. Any time you let a potential charlatan control the conversation, the danger is that you fall in line with their thought path and do not apply objective critical analysis. The fact that Gavin met in person with Wright would tend to support that as a possibility.
It would be nice to see Gavin make some sort of comment on the series of analyses that have been made that prove Wright's offered evidence is absolutely fake. Is there additional (real) evidence that only Gavin saw? If so, why publicize the fake "evidence"?
Gavin's a smart guy. Even smart guys make mistakes. If this was a mistake, it's a doozy, but the opportunity remains to come out and admit he was fooled. The longer he waits, the more the conspiracy theorists will clamor that he's trying to use Wright to wedge in a block size increase. I don't subscribe to that theory, yet.
So come on Gavin, real proof or retract your endorsement. Sooner rather than later please.
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Bitcoin is an open sourced, consensus-based distributed system. If objectively superior features are developed elsewhere, they may be integrated into Bitcoin. In fact, many already have been.
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And Classic is presenting that hard fork as "a one-feature patch to bitcoin-core that increases the blocksize limit to 2 MB." Is that really the case? Hmm... why would the chosen quote begin mid-sentence. You conveniently cut the "It starts with" from that sentence. Could it be that the entire paragraph goes a bit differently? We call our code repository Bitcoin Classic. It starts as a one-feature patch to bitcoin-core that increases the blocksize limit to 2 MB. We have ports for 0.11.2 and 0.12.0, so that miners and businesses can upgrade to 2 MB blocks from any recent bitcoin software version they run.
In the future we will continue to release updates that are in line with Satoshi’s whitepaper & vision, and are agreed upon by the community. Gee. It sounds to me like they're doing exactly what they said they were going to do.
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i don't, why suddenly there should be a need for 2mb when we were remained for so long without it, july is still too close for all the blocks to be saturated
it seems a fair target around the halving, so many will notice more the need to hard fork, and you don't get that some will forget to upgrade...
You seem to have missed the "2017" part of "July 2017". The next halving is a year ahead of this.
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There's really no room for debate on what Satoshi would favor. He originally coded a 32 MB cap for block size, and implemented a 1 MB cap as a stopgap anti-spam measure, expressly intended to be temporary. Unless he plans to poke his head out and provide an opinion, this is the best information we have on the subject.
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Nothing. If the transactions are indeed spam, then transactions with proper fees and adequate priority will process just fine.
Yeah, nothing. Except nodes begin to crash. Resulting in the very centralization that was feared by some if we moved to larger block sizes.
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Let us wait until it's in a semi operating condition before deciding what's what. Perhaps it'll never reach a working iteration or maybe it'll be what we always dreamed of and more.
That's OP's entire point. It's too soon to start "deprecating critical parts of bitcoin (zeroconf transactions and low transaction fees)".
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I hate to say this, but Bitcoin is too small overall in order for it to be the currency of -whatever-. And I don't mean small as in user base, I mean the divisions are too small.
As it stands, if every satoshi was worth $1, the market cap would be ~2.1 trillion, if I remember correctly, and thus would be too small to replace the current monetary system. Hypothetically it could, but there would be too many outstanding debts, or anything really, in order for it to be able to fully integrate itself into society. The choice of 8 decimal places is arbitrary and can be changed, without diluting the value of Bitcoin. Your math/memory is also off. If each existing satoshi was worth $1, the total final market cap would be $2.1 quadrillion.
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There is no proof in the article. There's plenty of circumstantial evidence and hints, but no proof. In contrast, there is absolute proof that some of their evidence was forged.
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He's not Satoshi; stop spreading false information.
This. For the love of Pete, this.
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