Why is it never, ever, ever one's scrotum?

Many people have them too. You can keep your willy private and show something much more unique and rarely seen.

The forks and frauds listed are all totally separate systems that cannot interact with Bitcoin.

I assume OP is asking whether anyone can create a 'fake' Bitcoin to fool someone on the main chain. The answer is no. It would be rejected every step of the way. Verification is at the core of everything.

If it was possible this forum wouldn't be here as the entire thing would be useless and therefore worthless.

Cash in the context of a company is actual accessible and realisable money.

Regular cash slowly withers away. If your newly chosen form of cash does the exact opposite while remaining instantly accessible then that certainly sounds 'better' to me. Obviously that feeling is dependent on healthy rises.

And business banking has costs that regular banking doesn't, not to mention the spectre of negative interest rates which again commercial customers will be hit with before individuals.

If it's actual coin then one of your list no doubt. I'd love to sit in on the pitch these custody places give them. A lot of people will come to them knowing nothing and nothing about their specific company either. There's no possibility of any of it being insured either.

He struck me as a boring wind bag before he got the top job. And not much of a Long Legged Mack Daddy either.

It's the difference between just another play on their legacy dashboard and delving deeper but I totally get why they'd stick with what they know if that old stager makes it available to them. Obviously in this case with such a huge portion of their funds it's a proper macho move.

For scamming, yup.

Russians are skint. The economy is half the size of the UK and they regularly taunt us for being pipsqueaks.

Russia blew it. They mean nothing in Bitcoin terms. They could've if they had any vision beyond gangsterism.

Is there any indication anywhere that they bought actual tangible Bitcoin? Lots of people started to froth when Paul Tudor Jones made his announcement but of course it was nothing but futures.

Russia is totally irrelevant. China have already sidelined themselves. The US outlawing it would be one of the weirdest moves of modern times.

I wonder whether 'institutions' go through the same emotions little people do. 'Man, they got the leap on me', 'It's too expensive now', 'How much upside is left?'

Certain people will look like goddamn geniuses eventually. Plenty of others will look like goats. Perhaps many are waiting for another and higher plateau in price before starting to take it properly seriously.

Many may feel it'll look more credible to their peers and clients if they lay out more in future. Fuck it, works for me.

https://www.businesswire.com/news/home/20200811005331/en/MicroStrategy-Adopts-Bitcoin-Primary-Treasury-Reserve-Asset

NASDAQ listed Microstrategy have bought 21,000 or so BTC.

“This investment reflects our belief that Bitcoin, as the world’s most widely-adopted cryptocurrency, is a dependable store of value and an attractive investment asset with more long-term appreciation potential than holding cash. Since its inception over a decade ago, Bitcoin has emerged as a significant addition to the global financial system, with characteristics that are useful to both individuals and institutions. MicroStrategy has recognized Bitcoin as a legitimate investment asset that can be superior to cash and accordingly has made Bitcoin the principal holding in its treasury reserve strategy.”

I'll be interested to see how many other stories of this nature pop into our consciousness in the coming months and years. I'll bet a fair few others are quietly building positions still.

If I wanted to be a Wall St heavyweight I just could not summon up the gall to offer some of what they're offering.

ETC had yet another 51% attack the other day, not that anyone seems to care any more. Explaining to some pension fund that a script kiddie spent a few bucks to totally destroy their investment would be a tad embarrassing.

There's a disconnect between the aspirations of people hawking this stuff and the competence and solidity of what they're hawking.

If I was in the business of making money from this I would recognise that a vast chunk of it, likely the majority, is going to be shitcoin demand because it's 'cheaper'. That's how humans work.

That's the average. So that'll include the countless dismal banks that offered 0.1 even at the peak.

Icelandic banks were offering the highest returns and advertising very, very heavily in the UK. Funnily enough it wasn't sustainable. I used to get about 6.5% from Santander instant access.

In the UK you could get 6-7% on a normal savings account without heavy conditions all day long up until 2008. I used to pay the rent on my flat from interest and still had plenty left over. Now that idea is laughable. And 1% will be offered by a tiny fraction of joints today and will likely require it to be locked up for a period of time.

I can live with my IQ dropping from 8001 to 8000. Is it really that little? That sounds like one hell of a deal to me.

There must be a few people lingering with well over 1000 coins. I wonder what they'll be moved to do, if they're capable of still making vocalisations.

People may be losing faith in centralised organisations, but I've never personally heard one single person ever voice that ever, but they never had and never will have faith in a decentralised alternative. They will simply make the odd complaint and keep the status quo.

It doesn't help that many things that claim to be decentralised are fucking useless, mainly because they weren't.

I think he was questioning 'losing it'. There was no typo.

Time will tell whether the current direction is a sustainable one. At the very least it's better than forking until you try to sell me Satoshi600VisionCoin and I refuse unless it's MeCoin.

I can get why people are unhappy at the direction BorgStreamAxaLizardBanksterCoin has taken.

What I can't get is how they nail their colours to versions that knowingly discard every single other important aspect of Bitcoin in pursuit of that type of scaling, and wilfully refuse to acknowledge that might be a problem.

You can like big blocks and ALSO say every 'version' of Bitcoin out there right now fails to respect the principles you believe in. That seems to be the most logical behaviour but I genuinely don't think I've ever seen anyone do it.

If we dumped 1000 people on a virgin planet within a few months we'd see the exact same disaparities. Some people are born to chuck their money away. Some are born to never get ahead. Some are born to scoop it all up from such people.

It appears to be innate to human nature so until you start rewiring us it'll never go away.

I feel for those in grinding poverty but my attitude to those who are not and nobble themselves has gradually evolved to - fuck 'em.