I very much agree with the reason why this thread was created because if I am forced to choose a side between the government regulators and Binance, I will choose Binance.
You never learn, don't you? Rember the FTX will be number 1 and invest in FTT stuff? Or this one? ~ Sam Bankman-Fried's FTX and market maker, venture cryptofund Alameda Research are presently the most liquid companies in the cryptospace. Stop making idols of these guys, stop seeing them as gods or whatever, they are just some wanna-be Madoffs, but none of them (hopefully) will be able to deceive people as long as that piece of garbage did. They are not fighting against the government for our sake, they are doing so for their pockets, once it's more profitable to bow down to the authorities they will dump us in a second or throw us at the first that asks for our data and funds like in a pretzel sale. CZ is the guy that wanted to reorganize the blockchain for god's sake, he never gave a second thought, he never cared what others might suffer from it, it was all about his money. Besides, the whole thing is even funnier, you choose to side with him against the government regulations when in his defense he brags about how many users he has blocked, how many KYC he has refused, how many transactions he has frozen, and how much money he has seized when ask by regulators? Common bruh!
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By the way, all people on bitcointalk usually praising binance ceo 24/7 will perhaps shut up a bit I told you: he's cancer for bitcoin. He doesn't care about you, all that matter are the VIP members representing the majority of the volume on binance Not going to happen. The mob needs a leader, that's why every single imbecile dictator has gained so much power, the mob needs one that lies to them, makes them feel secure, speaks their mind, and so on, they don't care about the other things, they don't care about the lies or the shady deals behind, as long as it's good for their wallets they will kiss any ass available in 100 miles radius. Binance is great, Binance is good, and I made money on it, they don't even realize that all the billions in those coffers CZ brags about are made by fleecing users, made by providing a 3rd party solution that goes against everything in crypto. You dare criticize CZ or Binance, it's FUDDDDDD! He fled Japan because he had no license! FUD! He never got a license in Malta despite claiming! FUDDD, the license is #SAFU! Does the US branch have a virtual address and a 1 employee team behind it? FUD! Is he charging you 100x more for real Bitcoins than his fake BNB bitcoin? FUD! This army of yesmen who would believe any crap and clap on every lie he throws will never shut up and only get angrier or lauder since they somehow identify him as some sort of price indicator, if he goes down it's bye-bye to their dreams also.
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Sorry for the bump but I thought this update could very much well fit in this topic It's the only news article sating that Central African Republic made a U-turn on bitcoin being their legal tender. unfortunately the article has a paywall on it, so it's not possible to read the whole story.
I made a topic about this back in February: What's happening in The Central African Republic? Got zero traction, and nobody had a clue what was happening there, probably since the president is not every day on Twitter with laser eyes nobody gave a damn, just like Salvador seems like every single small country that does something for Bitcoin doesn't have a single user on this board as I haven't been able to find anyone from either Salvador or CAR on this forum to date, Hahahaha They probably got a lot of pressure (and maybe bribed or bullied) by the IMF and the world bank.
As far as I manage to get from limited sources it was the ECCAS, and things got very muddy from there on. It's some sort of economic union a bit like the EU, no, they don't all use the much-hated CAF, and the one members that opposed it are weirdly situated by any criteria, there isn't any real pattern whatsoever if anything, they are all more indebted to China than the IMF, the DRG is one of the Chinese strongholds in the area both in investment and debt and they were one of the against vote.
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Signature and avatar updated, thank you for accepting me!
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Royse777, (as you probably already knew well before me since I got vaporized from the sheet) I got accepted into another campaign. Honestly, I'm sorry for this, as you emptied spots only to have people living after barely two weeks, a lot of extra work caused by the same guy who you've offered a chance, looking back this doesn't seem at all like one of my brightest moves on this forum thus the obviously mandatory apologies in this situation.
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Unfortunately, despite their potential, ZPMs are not yet widely available to the general public.
You're kidding, right? And for hydropower generation you need to use mountain rivers and drought rivers to generate electricity in many streams of rivers.
I know you're not kidding! Search a bit for more pictures of Itaipu Dam or Tucuruí Dam, some of the top largest hydroelectric power stations and you won't see any mountains around. As for the drought rivers, eh! Today I was thinking that what could be the best way to mine crypto with cheaper source of energy and than I searched on Google and I found our the Solar Power or Water Source of energy could be a better option mine because they need Lower maintenance and lower cost to other source of energy. Yeah, except that in practice, when you need 24/7 all year long cheap electricity and you're not receiving thousands of dollars in government incentives nuclear and dirty old coal-generated electricity beats the crap out of any solar-generated electricity. That's why without proper government cash and solar feed-in grid tariff plans nobody would even dare to mine with solar, or if they are doing it they don't realize how much they are losing or are going to.
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-snip-
I kind of agree, but at the same time, the collapse of Binance (the way FTX did) would probably send us back to the stone age. I can only imagine how the regulators would try to restrict us afterward. MtGox didn't send us to the stone age, more like the pre-medieval dark ages soon to be the industrial revolution The fact that they went only after specific cases, like a part of Kraken or Gemini staking activity, that they purposely left Coinbase or Bitstamp alone, or the only issue is with CEX being not FDIC insured while they claim it's obvious they have nothing with you as long as you play by the rules. If you want to run a business in a country, you play by the rules, and crypto trading is not ann should not be an exception. From my point of view, as my family is doing business in the EU area, why should I follow 5 different health safety regulations and standards and meet them each time we sell products that sometimes barely have 10k in value and a few hundred euros in profits while those guys run billions from an off-shore company while giving a damn about laws? And more importantly, why do we need them? If at this stage when everybody that has access to the internet can buy BTC (Bitcoin!!!) without using a CEX and should understand the problem of not your keys, not your coins I see CEX as more of a problem then a helping hand. Hihi, yeah, trying to downplay the importance of binance.us with only 5% ignoring that https://www.coindesk.com/business/2023/03/27/binance-and-cz-sued-by-cftc-over-regulatory-violations/Binance knew that U.S. customers continued to comprise a substantial proportion of Binance’s customer base,” the filing said, citing internal monthly reports sent to Zhao, which said that, even as of June 2020 after controls had supposedly been implemented, 17.8% of customers were based in the U.S. And those are customer numbers, not trading volume, expect the median average of funds to be far above the rest of the world. I want to hear him screaming FUD, everything is ok, threatening people with lawsuits just as he was doing while fleeing Japan, this guy is worse than SBF right now, the end of BNB will be the best thing for BTC.
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What is your point of you on this?
That I'm paying 1 BTC for your time machine. Don't use that source, they are simply stealing obsolete data from https://ccaf.io/cbeci/mining_mapwithout quoting the source and of course the methodology: https://ccaf.io/cbeci/mining_map/methodologywhich clearly states: This behavior is best illustrated by the persistently high reported shares of countries like Germany and Ireland where, as far as we can tell, no meaningful mining activities exist. Second, and more importantly, the whole thing that should be an explanation was written by either a malfunctioning bot or a 7 year old: It is also home to a desert where 50,000 computers are established in Ekibastuz so that the miners can get it down. Here, bitcoin miners work 12-hour shifts for two weeks straight until the bitcoin is mined.
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And, today I still got 400 bad requests in a bookmark. this is happening since this thread was created. t his makes me can't check my balance price in IDR as I did before. Well, this changes things. I can confirm I'm getting the same error if I change the currency from USD to EUR and hit the homepage link in the logo. Since I assume there are no cookies left and this grabs the currency by IP locator (in this case whatever tor node) it won't keep your default INR, so yeah, it's a bug on their side. Unfortunately, I can't test right now with a tor browser or even with multiple VPNs but it gave me something to do later in the afternoon. Hmm, it seems that after getting the error even going directly to a balance blockchair(dot)com/bitcoin/address/whatever LE: F****, Everything is giving an error and I had to go to the setting page from my history to change it back to us now works perfectly. So yeah, a site bug, nothing to do with tor this time as I can replicate it with a "clean" dedicated IP.
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The problem!
The problem is somewhere different and far more complex. You have hundreds of people from India that are not spending one minute on that board. (The reasons are easy to understand, most campaigns don't pay for the post in local forums) You have tens of legendary members from India that earn merits but don't care about the local forum that much at all, even if they don't post they don't even spend a few merits now and are there to help users who are active only there. With that lack of activity on the board, counting down the last bumped 10 topics the 10th had its last post in February!!! you won't convince too many that a merit source is needed for that board specifically. The solutions according to me (the all mighty stompix). Convince the Indian community to spend more time at least reading and writing topics. Increase activity there to attract posters and use the merits you earn elsewhere to award posters to the local board. You know, the whole thing, don't give fish, learn to fish thing! Temporary solution Grab a few tens of posts that you think are merit-worthy and post them in the already quoted topic or make one of your own if those posts already have a few merits and don't qualify for it. Since I'm a lazy merit backstabber and hoarder I can merit quite a ton of those if you can make a list of 10-20.
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If your mom and 7 niggers were in an action movie(?), would you consider it normal? Would that be an art for you?
So you're not just someone who hasn't set foot outside his village you're also a racist? I wonder how the tens of people around here that are black, both Muslim and not keen on porn are digesting your quote! Are you're going to hate your mother for the rest of your life if he had sex with two <insert racist quote here> in high school, or are you going to hate her if she did that to feed your sorry ass and to afford to have you going to school instead of working in a labor camp? Do you think women who commit suicide while working in the porn industry are doing it because they're happy with their lives? Why are so many porn victims killing themselves?
And there are tons of women committing suicide after working in a bank or in a school And there are tons of women stoned to death by angry mobs who want to impose theirs views on morality! Please reply without blaming me guys. I'm not asking you for your minority opinions in the field of theory.
Minority? Again you dream of somehow being the voice of the majority? Set foot outside your village, there are 8 billion people out there! You still haven't answered my questions about what you do on his forum where you want to promote your hate propaganda: How did you buy your coins? By trading morality or with money (capital) Why did you buy your coins, not to earn more and increase your capital? Keep your hate where it belongs locked in a closet in your basement, this is not a propaganda forum nor one where you should start to preach your absurd views on the whole world. This is about bitcoin, and as much, as you hate it bitcoin is the pure product of capitalism without control.
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Just when you think you have heard the dumbest thing out there, someone surprises you can comes out with something dumber.
And not just twisting facts and outright lying, sometimes I can't understand some of the radicals out there, they look something like this in my opinion: Weren't banks supposed to die because of BTC? Weren't you supposed to be your own bank? Wasn't playing around with fractional reserve the worst thing about banks? How the hell in the name of god can somebody come now and make a case for a bank that was insolvent, was below the 10% asset ratio, and act like it's a government conspiracy that is destroying something that was never supposed to exist? Seriously are we starting some tinfoil hat witch hunt club where everything is done because the government somehow hates crypto? If they hated crypto don't you think there would have been like 1 trillion billion quadrillion things that they could have done that would have had a worse effect than crushing their own banking sector? Just how dumb is this, they are shooting their own leg so they can't go to your birthday party and thus ruining it, or what?
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Not diffing deep into not your keys not your coins, script money that might simply not be there, lack of security, and the fact that once your phone gets stolen or lost you're done for as you have no way of further securing your account, I see another problem with their current status: So the maximum amount you can send is 5000 satoshi or $1.35? Would this mean that for example paying someone a wage even in the poorest countries you're going to have to make 30-40 transactions? A bit rather inconvenient. But the real problem is somewhere else and probably this is the reason for the low number of users: https://drive.google.com/file/d/1BUn47Kh3Umt_w_1QANpyBchlpVMFdJxu/viewYou can only fund your wallet by buying a voucher and those vouchers have, what a surprise:
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This is bad... really bad...
Or is it very good for bitcoin, and bitcoin alone! Binance and CZ right now are not doing anything other than promoting shitcoins, trying to transform the p2p are in the most centralized market, promoting a stable coin that is backed by the same assets that SVB had, and more than everything, tax the hell out of people who want to withdraw bitcoins, not fake bitcoins not fake bitcoins token in their own wallet. Binance getting wiped out or at least sent back to outside the top 10 exchanges and CZ finally being done with its #safu nonsense would be one of the best things and a hard lesson some shitcoins lovers need to be taught. No real bitcoiner should defend Binance practices when they do things like this: The moment you charge a fee of 400sat/b for a tx, or $13, or 8$ extra for actually less space used it means you have something against it.
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You do not need a bank before you can use bitcoin or other crypto.
He asked for a "crypto businesses"! There is no business that is larger than one man store that can run on only bitcoin, you need to pay bills, you need to pay wages, you need to pay suppliers and there is no way any company would survive on crypto-made deals! But I am always wondering why people are depending on banks on what they can have without bank.
So you're telling me that you haven't used a bank in the last two years, or a service derived from a bank not even once! Might work for a while in some complete black market economies in 3rd world countries but it's not going to happen if you want to run a business in either US or EU. With Silvergate and Signature gone, Millenium cutting ties with crypto and Simple sold, the few that are crypto-friendly and deeply interconnected with exchanges that are left are probably Ally Bank, USAA, and..cough, cough.. BoA. Not on the same level of friendliness as the others but at least they have Coinbase integration and they do state, they have no problem with you actively trading and buying crypto through their account.
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Not so much. Silvergate collapse was bad for bitcoin since it affected gateways, SVB going down was a different thing, it turned to be positive since it showed people that banks are not safe at all (for the thousand time) so the bank going back up and leaving no clients in distress is not so much positive, it would have helped more if it would have simply bankrupt. Plus, BTC price has little to do with most of those start-ups, it's the shitcoins behind them that got trashed. Still, this eventual acquisition can be working good for all parties as things can get normal again and assets owned by the depositors can be made whole.
This thing, if happening, invalidates one main strong point of crypto, the reason for being your own bank, so while positive for the stocks and the customers themselves, I don't see it positive for the prices right now, any moron could claim that banks are perfectly safe, nothing happened so no need for cryptos at all which is not good at all.
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Why do some people think they can touch such complicated subjects and with two phrases voila, they've overcome definitions of things that thousands before them couldn't? I just woke up with this idea, I've solved a millennium of enigmas! Usury is an immoral profession in almost every society. But today this immoral profession has a modern counterpart. Its name is banking. And banking is regulated by law.
Usury is the action or practice of lending money at unreasonably high rates of interest Usury is banned or heavily regulated, a lot of countries have limits on how much you can change in interest and no it's heavily regulated even in non-muslim countries, and more importantly, it has ZERO to do with banks. Making money by prostitution is an immoral profession in almost every society. But today this immoral profession has a modern counterpart. Its name is porn industry. And the porn industry is regulated by law.
Immoral for you, not immoral for others. Again, seems like you really need to go and explore the world outside your hometown cause prostitution is legal in a ton of countries, another mistake is that you think porn is more regulated than prostitution, this is just hilarious. Do you think moral concepts are being killed by capitalist imposing laws who want to make more money?
You probably don't understand what capitalism is. Prostitution exists even in countries that aren't capitalistic regarding economics, loan sharks existed way before any kind of depiction of either capitalism or socialism existed, and more importantly, the so-called moral concepts of one person don't apply to another. If you want to understand how the world works the first thing you need to do is stop trying to impose your view on others and see how they view your own principles and so-called morality. Btw, why are you investing in BTCSo you could make money doing nothing? If you ask some random people on the street or way better in a church or mosque, that's highly immoral of you! Oh, more on the topic How did you buy those coins? Maybe, with capital? I do not understand why a lot of people are really angry about capitalism even though the capitalists are the brains of the civiliazation.
Because they are brainwashed with propaganda that US=Capitalis and that the US is evil and capitalism is a tool to make everyone the slaves of the USA? Out of 100 people who shout death to capitalism, 99 don't even know what capitalism is, there are some of them that think it's a party or a movement, they associate it with a country, with politics, with everything failing to understand what deep roots it has in human history. Capitalism was something normal for millennia it's communism and a planned economy that are the aberrations in our history.
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Maximalist Bitcoiners These believer sees bitcoin as global freedom and economical empowerment.
You got this wrong A Bitcoin maximalist is one that doesn't care about anything other that BTC , it has nothing to do with global freedom or stuff like that, they just hate every single altcoin and shitcoin and deem them useless. Also, they represent probably way less than they sued to be in the crypto world, people having only BTC in their wallets could probably be counted with the fingers of a hand in most cases, this forum and other purposely built socials media like Reddit subs are the only areas where you can find them en masse. And yeah, I'm one of them.
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