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1  Bitcoin / Development & Technical Discussion / Re: Change request question regarding limitations for sale and linking wallets on: April 06, 2023, 10:33:41 AM
Blacklist wallets with to much bitcoin or set limitations on those.
The definition of "too much" will be changing constantly with Bitcoin growing in value and price. Who are those to decide at which moment the adjustment should apply? We can't implement it in the same way as difficulty adjustment because there is no reliable approach to estimating such a subjective thing as value.


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Link the timeout to wallets that recently interacted with each other.
Why would we do that in the first place? Why prevent people or entities from transferring coins between their own wallets without restrictions?

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Have a linked timeout value for wallets that interacted and seem suspicious.
Sorry, seeming suspicious to whom exactly?  If anything, we should not give more power to hostile entities like blockchain analysis parasites who make money off people's fears.

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Add a whitelist for registered exchanges.
Who are to curate those whitelists?

Exactly, if nobody ever thought about all of that it might be time to start looking at it!
If you expect me to present you with the code before a discussion where nobody understands the issue then forget about it!


The I don't care because I don't understand time is over I think.
I am asking for opinions and if nobody ever thought about it or gasps the concept then this will not happen.
Thank you for responding on something you do not understand!

Let's end this.
Sorry for wasting your time guys!
Have a nice day or don't care!
Whatever.
2  Bitcoin / Development & Technical Discussion / Re: Change request question regarding limitations for sale and linking wallets on: April 06, 2023, 08:49:06 AM
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Who cares ? How did they buy food with USD / EUR or any other currency in this case ?
How can you be 100% that the notes in your wallet were never used to buy "dirty" things ?
Who knows ? Maybe my 100 usd note was previously used to pay for some drugs before I own it. To be honest, I wouldn't care about it, but I am still interested to know how FIAT can be considered safer than BTC regarding the sentences I quoted.


I care!
Fiat replaced the trading system where you saw directly what you would trade.
If you spend your fiat and don't care how it was earned, then my friend you have way deeper problems but you would not even care because you would not understand!

You cannot be sure! That is what the Problem is with Fiat!
The Problems Bitcoin could and should solve are way more important if you ask me.

What Problem is Bitcoin solving for you?
I say Bitcoin solves no issues if it is not "better" than fiat.
3  Bitcoin / Development & Technical Discussion / Re: Change request question regarding limitations for sale and linking wallets on: April 06, 2023, 04:51:03 AM
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That would ensure some limits for huge accounts that go short and give more security to the investments especially for smaller size investments I think.

It took me a while to figure out that your post is directed at exchanges, and not Bitcoin.

I suggest that in the future, you avoid using the term wallet when referring to an account at an exchange. You don't have a wallet at an exchange, you have an account.


noted, thanks!
Notice my newbie level! (It is real)
4  Bitcoin / Development & Technical Discussion / Re: Change request question regarding limitations for sale and linking wallets on: April 06, 2023, 04:36:21 AM
That requires centralization of the Bitcoin protocol to "censor" how people use their money. It is not going to happen.

That would ensure some limits for huge accounts that go short and give more security to the investments especially for smaller size investments I think.
Bitcoin is not an investment, it is a payment system and as a payment system it should not and will not care about these things.

Why centralised? There could be a list living inside the protocol that is getting upvoted by certain rules.

Yes it should care!

If I want to buy a tesla tomorrow while we count in dollars, I also need to have the amount in dollars on my wallet.
I cannot tell if the price is so unstable.

I rather have a protocol that tells me I need to pay in 4 amounts over one month, than paying in one go and then not be able to pay the rest of the bills for the month.

For that to work also Tesla would need trust in the protocol.

Limitations provide security.
If Bitcoin wants to replace gold it needs coordinated limitations as gold has I think.  
With security functions it would not be an issue.

So for large amounts the protocol could just go: OK the amount is now in the pot and it will be transferred but it will not be transferred in one go. It could transfer those amounts in batches then and even the price out in the meantime.

Going a bit off-topic now:
This would also help to making the protocol more halal and kosher.
If Bitcoin wants to go global then it should be compatible with more cultures.
Some people would not use Bitcoin because of religious doubts.
Because your food is not kosher if you pay with dirty money Wink

If Bitcoin is a payment system, then why did somebody sell Millions yesterday when Microtrend did the panic buy?
Bitcoin is far away from being a simple payment system imo.
What did they buy yesterday while the price should have gone up but did not move?
If Bitcoin does not want to be the next ponzi scheme, maybe it makes sense to think about how a payment system should be secured.
Just saying.
Now all kinds of people use Bitcoin. And big players might be responsible if it is not working out.
That should not be what Bitcoin is about imo.
Let's make it the peoples coin again please.

IF it would be a payment system, it could have a big order cache and people would be able to stabilise the price. It would take way longer to go to infinity then. But It is a payment system and not an investment right?
5  Bitcoin / Development & Technical Discussion / Change request question regarding limitations for sale and linking wallets on: April 06, 2023, 03:54:28 AM
A good system needs rules and security if people do not stick to the guidelines.
I think we are at that point now.

What do you think about changing the code to do the following:

Blacklist wallets with to much bitcoin or set limitations on those.

Add limits to bitcoin sales with a timeout.

Link the timeout to wallets that recently interacted with each other.

Have a linked timeout value for wallets that interacted and seem suspicious.

Add a whitelist for registered exchanges.

That would ensure some limits for huge accounts that go short and give more security to the investments especially for smaller size investments I think.

Thoughts?
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