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1  Economy / Economics / Re: Why has crypto failed to break through still? on: October 27, 2020, 03:02:35 AM
Cryptocurrency adoption is actually growing quite fast. Now on many forums I use it's accepted as a main form of payment and there is more volume than ever on exchanges and betting websites. I see more and more of my friends constantly being involved and I expect this trend to only to keep continuing. With Paypal and more larger institutions beginning to offer cryptocurrency, I think that adoption will only continue to increase for the forseeable future.

Remember the best thing we can do to drive adoption is to use BTC whenever possible for our purchases and to teach others of its benefits.
2  Economy / Economics / Re: usa goverment 3.13 tril. defict its enough? on: October 27, 2020, 03:00:15 AM
At some point the United States will no longer be able to pay out Social Security and other ponzi scheme obligations, and they will either have to discontinue these programs or print money to the point of hyperinflation like Venezuela. At this point, fixed supply cryptocurrencies like BTC are a very great investment that are free from Federal Reserve manipulation.
3  Economy / Economics / Re: Bitcoin will replace oil and Gold on: October 27, 2020, 02:57:53 AM
Gold and oil serve different purposes than Bitcoin. They are resources with industrial uses while BTC is meant to be a decentralized form of currency. But in the future we may see oil and gold traded more often with BTC.
4  Bitcoin / Bitcoin Discussion / Re: Why criminals still use Bitcoin? on: October 27, 2020, 02:52:22 AM
Most of crime is still done via fiat money, and governments are the widest perpetrators of crimes against humanity with constant taxation for war. Bitcoin is what allows people to be free from having their money be used to harm others.
5  Bitcoin / Bitcoin Discussion / Re: Bitcoin could destroy economy on: October 27, 2020, 02:50:13 AM
I think money laundering should be a crime, that is one twisted way of saying that you do not want to pay your taxes. The reason that money laundering is illegal is because government's lifeline is the taxes that is payed by the people. The so called war has been going on even before the inception of bitcoin, I think using the reason that bitcoin did not fund this war does not prove anything.
Money laundering shouldn't be a crime because it does not have any victims. Taxation is a form of theft and used to fund wars and all types of human rights abuses. That war has been going on before Bitcoin was my point, that it isn't Bitcoin that is the main funder of terrorism or crime, it's the governments around the world.
6  Alternate cryptocurrencies / Altcoin Discussion / Re: AUDIO massive pump after surprise Binance support on: October 27, 2020, 02:42:24 AM
I have become more involved with Spotify distribution lately and the idea of a decentralized platform is interesting.

I read more on the project and saw that Deadmau5 was involved which was pretty cool:
https://dancingastronaut.com/2020/10/audius-marks-audio-launch-with-deadmau5-and-rac-livestream/

I'll probably check out the selection of music here and see what I can find.
7  Alternate cryptocurrencies / Altcoin Discussion / Re: dApps vs. hApps on: October 27, 2020, 02:39:47 AM
I think that having multiple types of options is a good thing, depending on whether users seek the advantages of centralized apps, decentralized apps, or both. I think that a hybrid idea can allow creators of a project to maintain control over the direction while implementing anti-censorship features and irreversability.
8  Bitcoin / Bitcoin Discussion / Re: Why should we welcome centralized bodies for Bitcoin mainstream on: October 27, 2020, 02:36:12 AM
While I prefer decentralized trading, I think that more and more centralized exchanges like Paypal entering the cryptocurrency market is a great thing as it will just drive adoption forward and allow for more methods to obtain Bitcoin. If it's easier to obtain from centralized exchanges, then there's also going to be more volume for decentralized trading.
9  Bitcoin / Bitcoin Discussion / Re: Regulation possible? Regulation Inevitable? on: October 27, 2020, 02:34:13 AM
The trend towards the future will be towards more decentralized exchange, with UniSwap recently surpassing CoinBase's volume. There will always be demand for anonymous trading and money holding and cryptocurrencies will continue to evolve in that direction, Bitcoin is becoming more private with Taproot/Schnorr, and LTC is getting MimbleWimble implementation soon.

The idea of regulation compliant cryptocurrency also doesn't make sense as regulations are different around the world and it would be impossible to fit under all of them at the same time. This is why I believe the coins that focus on the actual technology and use rather than being compliant with regulations will succeed in the long term.
10  Bitcoin / Bitcoin Discussion / Re: Bitcoin could destroy economy on: October 27, 2020, 02:29:51 AM
People should be able to move money over borders as they wish to and not have it restricted by governments.

Bitcoin improves the economy by promoting a more open and fair system of trade that is free from government regulation and consfication. Money laundering shouldn't be a crime as it just means someone is trying to keep their own money, and the most terrorism/war is funded by governments using fiats and involuntary taxation that cryptocurrency can further free us from. The trillion dollar war in the middle east didn't come from Bitcoin, it came from the US governments and governments around Europe directly financing terrorism themselves.
11  Bitcoin / Bitcoin Discussion / Re: Will bitcoin co-exist with the current financial system on: October 26, 2020, 01:18:49 PM
I think that as Bitcoin usage grows the services of the current financial system will continue to do so as well and they may be incentivized to adopt some of the benefits of Bitcoin over time. As more seek privacy and the ability to control their own funds, I think that the banking industry will have to evolve in that way in order to stay relevant.
12  Bitcoin / Bitcoin Discussion / Re: Without banks, is it possible to move physical currencies to Crypto? on: October 17, 2020, 09:59:44 AM
With P2P exchanges, banks aren't a required part of the transaction. Users can simply trade fiat directly to cryptocurrency.
13  Bitcoin / Bitcoin Discussion / Re: Stone Ridge joins growing list of companies acquiring BTC, bought 10,000 BTC. on: October 15, 2020, 08:37:46 PM
Institutions are starting to realize the value of the investment.  As the federal reserve continues to print money without end, more will realize the value of BTC's stable supply:
https://cointelegraph.com/news/10b-asset-manager-reveals-buying-115m-in-bitcoin-in-a-growing-trend

Quote
Economist: Fed must print $5 trillion in 2021
“The macro backdrop against the public health backdrop has caused a lot of people to rethink their portfolio composition,” the company’s new CEO, Robert Gutmann, told Forbes on Oct. 13.

Michael Saylor, CEO of MicroStrategy, which purchased $425 million of BTC in August and September, responded:

“As the trillions of dollars on the balance sheets of banks, asset managers, insurance firms, endowments, & family offices begin their migration to the #Bitcoin universe, they will need firms like NYDIG to guide them.  $1 billion down, more to go.”
14  Other / Archival / Re: Everything You Ever Wanted to Know About Bitcoin Mixers on: October 15, 2020, 06:36:35 AM
This is basically a guide for all the people,who want to mix their bitcoins before sending them to their darkweb marketplace BTC address,so they could buy illegal stuff on a darkweb marketplace. Grin
Like I've said before,if you want to use a Bitcoin mixer,you have something to hide.If you have something to hide,then you must be doing something illegal. Grin
Anyway,I don't judge anyone.Everybody can perform legal or illegal activities at his own risk and most people,who perform illegal activities must be aware of the possible consequences.
Privacy is an important part of money even in legal avenues. Just like how people may want to keep bank balances and documents private for security reasons, the same may be true of BTC.

The Wasabi Wallet has a built-in CoinJoin feature:
https://wasabiwallet.io/
15  Other / Off-topic / Re: A way to get free LIFETIME* VPN from Nordvpn on: October 13, 2020, 04:08:29 AM
This is a good VPN. I've been using this vpn for a long time.

I don't know if it's that good. What matters is that it's free. In my opinion it is not among the best. The issue of dispute are various scandals connected with this company. But for free is always a plus
I use NordVPN but for something truly free there is WindScribe:
https://windscribe.com/
16  Economy / Economics / Re: Is it possible to live without banks? on: October 13, 2020, 03:48:53 AM
It is definitely possible to live without banks. There are many already who utilize cash or checks only and buy things in this manner. Living through cryptocurrency is also possible in most areas now, since you can use it to buy off Amazon with https://purse.io/ and obtain many types of services on https://www.bitrefill.com/?hl=en.

There is also OpenBazaar where users can trade eachother directly P2P:
https://openbazaar.org/

At least in the United States, it seems very possible to live without banks, provided that you've set up a system to earn in cash or cryptocurrency, you can always exchange them to get what you need, and I think that it will only continue to become easier.
17  Economy / Economics / Re: Will African countries be developed? on: October 13, 2020, 03:45:15 AM
I think there's great hope for the continent of Africa and it is only a matter of time before they experience a more rapid pace of development. There are already huge construction projects going on all around, and cryptocurrency is going to play a new role in making financial services accessible to the unbanked.

IOHK is already doing amazing things there:
https://iohk.io/en/blog/posts/2018/05/29/vision-for-blockchain-in-africa-is-becoming-a-reality/
18  Bitcoin / Bitcoin Discussion / Re: Bitcoin "mining cartel" (centralization power) on: October 13, 2020, 03:39:25 AM
Hard forks can always occur if there is disagreement with the protocol, this led to the split with BTC and BCH and later BCH and BSV. This makes it so forming a centralization of power for nefarious purposes isn't usually worth it, when there is more profit to be made from continuing to process transactions.
19  Bitcoin / Bitcoin Discussion / Re: Some of the benefits of Bitcoin ... on: October 13, 2020, 03:35:25 AM
The benefits of Bitcoin are uncensorable and unreversible transactions, and to a certain degree the ability to remain anonymous. It lets individuals control how there money is spend, free from the regulations and controls of authoritarian regimes.
20  Other / Off-topic / Re: SEO - Backlink Tips on: October 13, 2020, 03:33:23 AM
I think that signatures are counted differently than links on main parts of websites. It would probably be best to find blogs be featured on that is related to your website and to pay or exchange for quality content posts.
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