I don't really see why that should be. I have 20yr old pieces of paper that were printed with draft settings that have been sitting around in the open air that are just as readable as the day they were printed. Can't see a reason why another 20-40 years will change much.

The aim is to keep it alive and keep it decentralised. That may mean fees that burn your asshole into embers. There's no way they're going to go down unless a viable second layer arrives. Are lightning networks the one? No way of telling yet.

People doing piddling transactions will need to be prepared to wait and hope for the best rather than have a guaranteed tx in a few hours. There are still low fee periods and may always will be.

I'm very interested to see the effect of unit bias when it comes to normaltons entering. It's a real thing and near universal. It may well drive them into shitcoins in ever increasing numbers as they're 'cheaper'.

Many may feel they've missed the boat.

I expect that's where finance pros repackage it and feed it back to them in a more palatable form.

The original idea of leaving the EU was put together by rich psycho cocksucker assholes who wanted to undercut the tax and regulatory regimes of nearby countries while destroying the quality of life of normal people to pay for it. It was not to raise taxes.

This is entirely a response to the Covid fun and its cost.

I wonder if defi is going to limp on to fuel the next bubble or whether it falls apart before that happens. It looks like an even bigger piece of laughable shit than ICOs which is really saying something.

As for gate.io, anywhere that is 'hacked' as their former incarnation was and then loses interest in repaying customers and relaunches is a fuckhole regardless of this current situation.

The poorer the country the more of your earnings go on food, and the price changes will be much more volatile and damaging. In the UK 8% of weekly earning go on food. In Nigeria it's over 50%.

In the UK things a little bit higher but not by much. I think by average salary vs the percentage spent on food we have the cheapest food in the world, or near to it. When I compare France or the US food seems considerably more expensive.

Indeed. But the Czech republic makes thing, imports things, taxes things, pays people and is paid and inside it real ish money is flying around between people constantly too. That's a whole lot more activity than Bitcoin's largely meaningless movements.

If someone were to try and figure out Bitcoin's 'real' transactions it would likely be so hideously embarrassing at the moment that whoever did it would probably bury it. Hopefully the future is a whole lot more frisky.

For losses you make your own insurance trading by initiating stop losses. Why would any insurer cover your own incompetence and greed? They'd go bankrupt in seconds.

And if no trader actually experienced any losses because their $10 a month insurance policy paid out the market would be completely insane. Why not make that $500 million bet when 10 bucks covers any balls ups? That's one hell of deal.

Kraken's US banking provision has always been pitiful as far as I can tell. This could give them a large boost.

I've never quite been able to figure out their regulatory status in most areas of the world though. Perhaps this will inspire them to clean all of that up no matter where they operate.

In what universe? How much actual commerce is taking place? The Bitcoin 'economy' is mainly a bunch of coins being batted around on exchanges or moving to those exchanges.

Maybe it'll eventually deliver benefits in technology and power generation but I think it's a pretty gross and wasteful figure no matter how it's dressed up.

I like this quote of his - “We just had the awful realization that we were sitting on top of a $500 million ice cube that’s melting,”

However if I were him I'd be easing up on the evangelical angle. If you are going to talk about it then lay it out in a cold and calculating manner. That speaks louder to their own investors and others.

A nice little litmus test of the competence and vigilance of the developers who are using the same basis for other coins. My bet is that hardly any of them will care or understand nor will their handful of users. There'll be shitcoins with gaping vulnerabilities that were long ago dealt with on the better run platforms.

This poster is worthless and degrades the forum considerably. No idea why its most prominent accounts haven't been given perma bans, not that it'll slow it up all that much.

Most out there are website based which means scaredy cat owners who may well have logs of every trade they're willing to hand over. The addresses you use can be traced elsewhere so it's not going to make much difference in most cases.

I don't give a fuck about passwords for most websites. I use the same one a million times. There's no info of note.

However one's Bitcointalk account can be a truly valuable thing so you owe it to yourself to get it right. A few minutes of thought and memorisation will save you plenty of future grief.

They're pretty darned rare now. Their market hasn't gone the way I expected at all. I knew premiums would have to come down but they've pretty much disappeared completely for some of the iterations. Maybe they'll make a comeback but I get the impression the world outside a few modest bubbles doesn't know or care about them any more.

10 BTC coins seem to linger on sale forever and always have the highest premium. I'd be interested to know how many have actually sold.

If it's to be an eternal game of cat and mouse then surely dedicated privacy coins have no future. Why would you bother if they're cracked repeatedly and people skip to the next one?

A prominent one needs to fall before that becomes a likely scenario.

Of course they ain't. Most of it is going on wastage or paying for things I'll never need or violently disagree with.

But it's the price of staying relatively free. Not a bargain but it's the only game in town.

The flow was provided by its human overlords. They gave it something to work with and they cherry picked the best bits to fit what they wanted. That makes this particular example something of a damp squib. Nice sentences though.