Eh?

I can think of multiple exchanges that would've wiped me out had I lingered on them. If Id' never had a need to go anywhere near them this wouldn't be an issue.

An exchange is a vastly juicier hacking target than oneself so the odds of coins being hacked or stolen by the exchange are considerably higher when they're under the control of a place with a big fat target on it back.

Agreed on traders. That's a circle that possibly can't be squared.

How can you doubt such a man? I remember an interview showing the presenter around his yard. He said Mexican cartels were watching him. He knew this because Mexican cartels eat cream cheese and they were leaving cheese wrappers all over his property.

I'm going to be unfashionable here and say that nothing I've read or come across so far has convinced me lightning networks are anything other than an interesting wee curio.

It's been said about countless other world beating things so I'll keep that under my hat until proven wrong.

I doubt he has an actual hand in anything any more. He probably gets some asshole calling him up in a stupor and talking him into whatever springs to mind. When he comes round in the morning if there's some money in his wallet he goes tweeting.

Can anyone point to anything successful he's seen through to market directly created by him in recent decades? I'm coming up short myself.

Even if he initiated this it's probably been put together by some street kid he bought in the Bahamas and keeps chained up in the bilge.

I'm more disturbed by the midget growing out of her side.

You don't have to hate banks and traditional finance to realise they're not actually doing you any favours most of the time.

Bitcoin is politically and geographically neutral, immune from meddling and entirely under your control if you wish it to be. None of those are controversial ideas and you don't have to be a foaming nutter to believe those characteristics might be helpful to you.

It might take many more years for people to figure that out. So be it. It'll be waiting for them.

The track record exchanges have is so dire and hateful that anything that reduces the need to go anywhere near them is worth a little extra ball ache, that's if there is any with a fully developed system.

The case for a decentralised dog walking app is non existent. The case for an exchange that doesn't get hacked, steal your money, freeze you or get shut down is very, very, very strong.

Leave and don't go back.

They are not thieves. They can be assholes who strike with no reason or justification. It's like any relationship. As soon as one party starts to express doubts you're better off dumping them first.

Most people arrived for the dollars and had no ideology to start with. Bitcoin needs to be agnostic about such things because it's not going to get any better.

As long as people realise that its value largely derives from those old school principles it should continue to thrive however we see constant and never ending attacks on it from various psychopathic children.

https://mcafeemagic.com

Would you trust this man with your dust?

It looks like it consolidates multiple exchanges into one interface.

You go first.

In future please specify which cheeks you're referring to as this can cause great confusion, and indeed worry, to your reader.



I guess Theymos was worried that people might actually start to understand the existing trust system. Wouldn't want that to happen.

Only a matter of time. If they think they're somehow 'bigger' than the overwhelming weight of twitchiness when it comes to money then they're dreaming and very stupid.

It may not be cool but it's the way of the world it's not going to magically go away. They'd be better off coming in from the cold rather than drawing it out. And their non dex won't cut it either.

Erm, the Chinese dislike of BTC is approaching five years old. Their shutdown of centralised exchanges took place two and half years ago. Funnily enough Bitcoin set off towards $20,000 almost as soon as that happened.

Countries like this could be leading. Instead they'll be forced to eventually concede. In some ways that's more bullish.

Malta is a minnow. The more they attempt the buck the existing order of things the harder other countries will come down on them. No one operates in a vacuum. All the EU would need to do is turn off the banking and funding taps and Malta will be brought to heel in a matter of hours.

Malta would be monumentally stupid to ignore this, and this is why places like Binance flocking there may wind up getting screwed. I'd be less inclined to trust a company that moved to Malta than one that stayed put.

China's forced reduction of crypto usability has been nothing but a positive. China brought nothing to the table other than piece of shit exchanges that fucked the price for years and mining centralisation.

As for India, who cares? They never got warmed up.

Both countries will find it seeping in through channels they can't control. In the meantime the more sensible parts of the world will carry on building.

And if the pile of Monero you bought with your Facebookcoin is traced by them, and you can bet your arse it'll have unparalleled surveillance built in, your Facebookcoin account will be shut and you'll be forever banned.

If they're talking to Gemini and Coinbase that must mean some conventional exchange action, but the thing that people like about Tether is that it doesn't give a shit.

The Coinbase card is on its way to the EU at some point. I've got one for UK use and it functions fine and links seamlessly with the regular balance. Fees are high at about 2.5% but they're less sneaky than Wirex.

Edit - https://www.cnbc.com/2019/06/12/coinbase-expands-its-cryptocurrency-debit-card-to-europe.html

My main feeling is - ugh.

Anywhere with a token gets an automatic downgrade from me. And the talk of fee discounts is an extra turn off. I presume those of us who are not turned on by the idea will be paying extra to subsidise the token holders.

I'll be keeping an eye on fees after this.

Cex.io will have the same problem as most other UK based services, their banking will be somewhere else in Europe which means waiting several days.

Coinbase is the only major service with faster payments which means depositing in a couple of hours instead.

If you choose P2P instead of an exchange you'll be able to use faster payments as it's between individuals. Back in the day I preferred https://bittylicious.com for P2P stuff but premiums over the market price can get excessive sometimes. Other times it can match exchange prices.

Look to the porn filter that's supposedly being introduced soon to see how clueless the British government has become when it comes to anything internet related. They're expecting anyone who wants a wank to sign up to some website to prove their age for the honour of accessing it.

Or they could get a VPN in a couple of seconds and bypass it.