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1  Bitcoin / Bitcoin Discussion / Re: Bitcoin for salary on: September 09, 2020, 02:50:58 PM
You might be able to get away with this easier if you are paying an independent contractor, but paying your employees salary with anything other than local fiat seems like it could be a logistic nightmare and challenging to do legally.
2  Bitcoin / Bitcoin Discussion / Re: Reminder Everyone: If You Don't Have The Keys, Then It's Not Your Crypto on: September 09, 2020, 02:42:25 PM
Sorry you lost your bitcoins. It is an important lesson to learn not store too much cryptocurrency on the exchanges. Unfortunately it is a necessary evil for many at this point of time.
3  Bitcoin / Bitcoin Discussion / Re: Cryptocoinopoly - Do you consider it a good idea? on: September 09, 2020, 02:39:37 PM
I could see using real cryptos would make this a fun gambling game. I definitely think it would be a popular app.
4  Bitcoin / Bitcoin Discussion / Re: If the real Satoshi had worked on Digital ID would you be perturbed or enthused? on: September 09, 2020, 02:27:44 PM
I welcome the idea of a digital ID system as long as it's implemented in a way that promotes individual liberty. We need a good way to exchange digital identities for payment, and it's going to happen sooner than later.
5  Bitcoin / Bitcoin Discussion / Re: China Can Reverse Bitcoin Transactions? on: September 09, 2020, 02:02:59 PM
Quote from: bitmover on September 09, 2020, 12:32:16 PM
Quote from: 1miau on September 09, 2020, 12:27:20 AM
It's simply impossible for Chinese government to "take over" enough miners. They even failed to shut down large facilites when the government considered to ban mining: https://www.reuters.com/article/us-china-cryptocurrency/china-wants-to-ban-bitcoin-mining-idUSKCN1RL0C4
They did not try in the end most likely because the government knows very well that an attempt would fail.



People get confused about miners based in China and Chinese Government mining.

Chinese Government, as far as I know, there are no miners from the chinese government.  China cannot control bitcoin.

Additionally, even if  Chinese government did, they wouldnt be able to revert a transaction. Only one, and then they would all be blacklisted from all bitcoin nodes and kicked out of the network.

The chinese government has full control over chinese businesses. There is no difference between the Chinese government and companies like Alibaba. Even Joint Ventures have to give all control over to a Chinese partner.
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