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661  Bitcoin / Bitcoin Discussion / Re: Will countries ban Bitcoin mining due to environmental concerns? on: June 08, 2022, 11:33:22 AM
Banning mining isn't the same as banning Bitcoin. It's basically what happens when electricity prices go up: miners move to another country.
Here, taxes are high enough to make Bitcoin mining not profitable. That makes a ban on mining useless.
662  Bitcoin / Bitcoin Discussion / Re: PayPal allows users to withdraw Bitcoin to external wallets on: June 08, 2022, 10:01:00 AM
So after almost 2 years (from October 2020) of letting people deposit bitcoin and trade it on their platform, they have accumulated enough bitcoin from their customers to feel safe to let people withdraw some of it (considering not everyone would withdraw)!
That will depend on their withdrawal fees, many exchanges use high fees to deter people from withdrawing, and many people don't even care about having their own wallet.

Paypal needs to die out.

It's completely redundant and pointless.
Paypal used to be the standard on eBay and Chinese webshops. Those days are gone already, the large webshops (think Amazon and Aliexpress) use cheaper and more reliable creditcard payments. I can't believe both of them have my card details on file, and I'd love to see them accept Bitcoin LN instead, but I don't expect it as long as the majority of their customers doesn't use it.
663  Bitcoin / Bitcoin Discussion / Re: PayPal allows users to withdraw Bitcoin to external wallets on: June 07, 2022, 04:35:15 PM
If they add Bitcoin LN, their users will realize they don't need Paypal anymore Smiley
664  Bitcoin / Bitcoin Discussion / Re: Is BTC really safe from being hijacked? on: June 07, 2022, 10:13:32 AM
Been a HODLer since 2013. Still buying every single day.  Haven't sold a singe sat.
This guy has a point:
If you've really been holding since 2013 you wouldn't be asking basic Bitcoin 101 questions like this
You're missing out on so much of "the Bitcoin experience" by not using it! Try it, send it, test some wallets, get the feel of how it really works. Fund a Lightning channel, make a few payments, see what works for you. If you ever want to use it (to buy a jet or something), it comes in handy if you know what to expect.
665  Other / Beginners & Help / Re: The Reasons I Trust Binance for my Crypto Storage on: June 05, 2022, 04:34:13 PM
I do a lot of P2P Trading. So, it is easier and reasonable to have my assets at exchange platforms such as Binance.
You lost me here already. Why do you need a centralized exchange for P2P trading? That defeats the entire purpose of using P2P!
666  Economy / Gambling discussion / Re: Dealing with ISP block on Gambling websites on: June 05, 2022, 03:04:15 PM
I'm not going to deposit any money of course, and only resort to use my existing balance
Easy: get a VPN. Mullvad.net (currently my favourite) accepts crypto payments at any amount, you can literally pay a few cents for only a few hours.
667  Bitcoin / Bitcoin Technical Support / Re: Backup my wallet on: June 05, 2022, 02:47:13 PM
FWIW: if you haven't made a backup already, before funding the wallet, you're one defective hard drive away from losing your Bitcoins.
668  Other / Beginners & Help / Re: Waste of bitcoin addresses on: June 05, 2022, 12:44:40 PM
It seems that you don't know how addresses are generated.
It's not that there's a big list of addresses and every time you generate a new address, you pick one from the list.

If you worry about generating an address that has already been generated by someone else, note that in theory it can happen at any time. In practice, it will never happen.
To add to this: for the size of the blockchain it doesn't matter if you use a new address or one that was used already. In short: don't worry about it, use as many addresses as you want.

it really annoys me a lot to use an address for 1-3$
There are no "dollars" in Bitcoin. I assume you mean amounts around 3000-10,000 sat. Consider switching to Bitcoin Lightning Network, or make larger transactions when possible. You'll save on transaction fees.
669  Bitcoin / Bitcoin Discussion / Re: Is BTC really safe from being hijacked? on: June 04, 2022, 05:45:21 PM
How difficult (expensive, realistic, etc) would it be for the US gubmint to buy up enough mining power to hijack the network, change the rules, and send it all to zero?
A 51% attack can't change the rules. All it can do is orphan existing blocks and create new ones.
The rules are enforced by consensus, and won't change until people accept the altered software.
670  Bitcoin / Bitcoin Discussion / Re: Bitcoin transaction "DDOS" on: June 03, 2022, 08:27:55 PM
You should read how transactions work. Short version: it's not measured in dollars, and it's not measured per transaction.
Priority is decided based on the highest fee rate in satoshi per vbyte (transaction size).
671  Economy / Currency exchange / Re: Looking for Legit BTC Sellers in Manila, Philippines on: June 03, 2022, 06:03:25 PM
[FYI, a seller just sold 40k BTC yesterday.
Poor scammers come up with larger and larger numbers, trying to impress people. The funny thing is that they only ones interested are other scammers.
Sign a message or STFU.
672  Economy / Economics / Re: Will it ever be for Belarus? on: June 03, 2022, 05:57:31 PM
EU buys influence in many countries, and it's one of the things I don't like about EU.
And tell me who is not buying influence today, if we take into account the most powerful countries in the world? If you look at what China or the US are doing on this issue, but also what Russia has been doing for 20-30 years, then I would say that the EU is very incompetent in its efforts.
And that's indeed another thing I don't like about EU. They're incompetent because they want to please everyone for their moral high ground agenda. China doesn't have that "problem": they do what's best for China.
673  Bitcoin / Development & Technical Discussion / Re: 25BTC damaged paper wallet - Fake? on: June 02, 2022, 02:26:01 PM
Maybe he did find out the private key, but decided to not send the coins to another wallet. This is to me the only reason why there are new input to that address.
The new inputs are dust, which is either spam or meant for tracking. It doesn't prove someone has the private key.
674  Economy / Services / Re: We can find stolen/ lost crypto! Research/ find/ trace for many cryptocurrencies on: June 01, 2022, 03:04:17 PM
I don’t tell that i will return btc. We can trace it. We can mark it.
Bitcoin is fungible. Stop trying to convince people it's not, and stop using services that treat Bitcoin as if it's not fungible.
675  Economy / Services / Re: We can find stolen/ lost crypto! Research/ find/ trace for many cryptocurrencies on: June 01, 2022, 02:53:32 PM
For admins or moderators we can do job for finding crypto and marking addresses as scam with payment after.
There's the case of bitcoins from a forum treasurer who died, after which the 250 Bitcoins moved. You don't have access to the Investigations board, so you can't read the most recent information.
I think the reward theymos offered is 20% of anything recovered. How's that for a chance to prove your skills?
676  Economy / Goods / Re: [WTS] 1994 Mitsubishi Delica L400 Exceed on: June 01, 2022, 02:44:28 PM
Thanks. So what tax is OP taking about?
I want to sell it for crypto to avoid tax.
677  Bitcoin / Development & Technical Discussion / Re: Multisig with Time Lock? on: June 01, 2022, 02:39:52 PM
I know this was a joke but that might be a good solution Cheesy Making it inconvenient enough not to panic when times are hard but still being able to access it if needed
Pour it in concrete, put it under your floor boards, hammer it into your wall before you put wall paper on, hide your seed words in different continents....
Or just make a very nice paper wallet that you really don't want to break open.
678  Economy / Goods / Re: [WTS] 1994 Mitsubishi Delica L400 Exceed on: June 01, 2022, 01:47:48 PM
What's the catch with that symbolic price?


I know nothing about buying cars in the USA: what taxes does the seller have to pay?
679  Other / Beginners & Help / Re: Before Bitcoin education, teach your children cyber security education. on: June 01, 2022, 01:36:40 PM
My kids are a bit younger, but I already teach them about privacy. That's more relevant and more age appropriate than cyber security. They use a fake name as email address (to register their tablet/phone), and at home we use a code word for Bitcoin, so they don't mention it at school. Code words also work for sex, so they don't know what we're talking about.
When they're a bit older, I'll tell them about magic internet money. Until then, their allowance is in euro. A piggy bank is much easier to understand.
680  Bitcoin / Bitcoin Discussion / Re: Strike and HRF posted three challenges with 1 BTC reward each on: May 31, 2022, 09:18:17 PM
Challenge 2: Stabilized Lightning

1 BTC to a FOSS non-custodial wallet that enables their users to “peg” their Lightning balance to the US dollar. We have no requirement for exactly how to do this, but suspect it will have something to do with contracts for difference. We realize this is an ambitious goal, and that submissions may be prototypes. We will leave it up to the board of judges to determine what will qualify as success. Bonus points if the mechanism that the user interacts with to “peg” their Bitcoin to USD is a slick slider.

Is it just me, or is Challenge 2 vague and confusing?
It sounds like USDT, but running on the Lightning Network. The "tokens" can be non-custodial, but the dollar peg can only be centralized.
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