If I was doing something illegal why would I post my story here? This forum has always been closely watched by LE When you deposit money into bank, you basically surrender your liquid asset to them and they can use your money whatever they want.

Then why you are at Bitcoin forum? Just stay with your way of living and Bitcoin isn't for you. My bank stated Pursuant to the CMA Disclosure and Agreement, "THE BANK, at its discretion, may elect not to accept an account, terminate the account agreement and the account agreements of any related parties". Both parties to the agreements have the right to end the relationship at any time and neither is obliged to provide a basis for such a decision to terminate. I hope I know the reason!

My bank closed my account last year for no reason, and all money in my account was gone. I argued with the bank, even contacted the local government, no use. My bank just stated that "Pursuant to the CMA Disclosure and Agreement, 'THE BANK, at its discretion, may elect not to accept an account, terminate the account agreement and the account agreements of any related parties'. Both parties to the agreements have the right to end the relationship at any time and neither is obliged to provide a basis for such a decision to terminate". No single word explaing the termination was given to me. I contacted all banking lawyers online, and they were all representing the bank, not the customers. The money I lost can buy a new Mercedes. However, banks around the world now are too powerful. They are too big to fail. When you open an account in the United States, and probably also many other countries, you voluntarily give up the rights to sue the bank under their arbitrage clause. Even worse, they define the financial laws and enforce them. They can close your account, freeze and steal your property and evict you from your house. The more money you deposit into your bank account, the more you are helping the evil. I'm glad to see Bitcoin is changing all of these. Let banks die!

Backup data is the most effective way. Even if there is no Bitcoin criminals can still demand ransoms in other forms, which have long existed before Bitcoin.

比特币现在在大陆还是没有法律依据吗？

Have been using NordVPN for a while and it seems ok. It claims to be no logging at all

There was an article criticizing Bitcoin mining by calling it "crooked in nature". I forgot the title of the article. But it seems Bitcoin mining is causing lots of troubles, e.g. Selfish mining, centralization. However, without mining would there be a better way to incentivize node to serve the Bitcoin network?

That's related with English writing style. Hebrew does not make any difference between upper and lower case letters

You mean her live show career

He was referring to Westworld. Anthony Hopkins created a world of humanoids who are called hosts

I don't think LN is the solution. It brings in more complexity which is counterproductive to security

Not necessarily Bitcoin, cryptocurrency is. Like commodity currencies began with shells, coffee beans and ended up in precious metal (or Nuka cola cap), Bitcoin will surely be replaced by something better. It has much faster transactions speed, no doubt. Also perhaps can have some self-adjustments of inflation or deflation.

会变成与比特币竞争的一种币，就看哪个更有公信力了

还是实力与技术问题。国内团队刚刚起步，对区块链的开发与认识不如外国的深刻，但是真正原创、实用的技术肯定会诞生。

Can democracy stand against tyranny, in terms of Bitcoin

We know that the distribution of hashing power is highly unbalanced. If the big giants like Intel, Google, nVidia, IBM all collude together to mine Bitcoins will they out power the rest of the Bitcoin community?

Ok, let's discuss this from a different perspective. So if the government start issuing its own cryptocurrency token, this will inevitably be in conflict with Bitcoin. Citizens will have to make choice between a centralized government issued digital token or a decentralized token. Which side wins?

Haha Ford is

This has sparkled me a new question: what will happen if Bitcoin changes its incentive to not the only awarding the first miner, but top N miners who broadcast their blocks, each gets a share according to their chronologoical order? Like 1st gets 50%, 2nd gets 25%, 3rd gets 12.5%, etc

That is a lot of blocks! Thanks for sharing this information.