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1321  Other / Politics & Society / Re: Analysis Christian religions and islam on: July 26, 2020, 08:29:00 AM
The concept of evil entered the Abrahamic faith when they were exiled to Babylon and entered in contact with the teachings of Zarathustra from Persian people. Little know fact is Zoroastrism added this concept to Judaism, and their derivatives Christians and Muslims.

I'm not saying they are right or wrong, but the extremism of some is incredibly stupid, and all man made (ie. all the Christian and Muslim denominations, even Judaism has those).

The absolute truth is not inside your little human mind, so stop that arrogance and start looking at the common teachings of all faiths for way to enrich yourself rather than hate others.
1322  Other / Politics & Society / Re: Pilotless Passenger Planes Might Soon Become A Reality. on: July 26, 2020, 08:14:15 AM
And those that don't fly themselves can also be remote controlled. Or how do you think UAVs work?

The main problem is making sure the sensors don't feed the wrong data. Many accidents have occurred due to this problem, as much as you think a human is nice, certain planes override the human when it thinks the human is in error, when in reality its the other way around.

So after this sensor issue is solved, AI can simply fly the things better. In a way, its similar to autonomous driving of vehicles. Yes, you can have a car drive itself with a single camera, but its so much better and safer when it has several cameras, lidar, etc. Same with planes, in a higher order of magnitude, of course.

The German wings wasn't the only case, there is also that plane in Asia months in mystery, the debt ridden pilot having decided to "suicide". So yeah, humans are great when they don't go crazy. And computers are great when they get good redundant sensors.

If all cars drove themselves, car accidents could be a thing of the past. In fact, traffic lights would no longer be required. A perfect human driving a bus, can suddenly get a heart stroke and make everyone die. I lost a friend that exact way. If the bus drove by itself, such would have never happened.

Of course getting there isn't easy, but not impossible. Human driving and piloting could be a thing of the past, especially for passengers. Even space rockets move by themselves for the most part, humans relegated to mere system operators in case something happens.
1323  Economy / Speculation / Re: Bitcoin might never reach it's ATH anymore on: July 26, 2020, 07:52:07 AM
Never say never, but expect it to take longer every time, and you'll probably hit it.

Well, that is, if the thing your are measuring value with, doesn't collapse on its own...

Perhaps you could measure it with, cans of tuna, or something more reliable than fiat currency...

I like how bitcoin isn't moving up much slowly recently. The slower it moves, the better. big movements only lead to big corrections.

Call it "sideways" if you like, i like sideways, means maturity.
1324  Bitcoin / Bitcoin Discussion / Re: Russia legalizing Bitcoin and cryptos but not allowed as payment method? on: July 26, 2020, 07:44:07 AM
Its one of the stupidest things you could imagine, but I'm not surprised. Putin wants his own crypto...

Of course, this means that "possession" in theory isn't illegal, But people doing transactions would need to be more careful, and preferably cover their tracks pretty much the same way as if they banned it altogether.

Until all the old fools leave, the politicians will always find ways to make everyone's lives miserable. Removing the idea that the State can intervene the money at anytime, is fundamental to stop them outlawing the very thing that could save everything.

But as i have always said: Any country that bans Bitcoin, simply is banning wealth that goes around to their neighbors. Let Putin drown with his own unwanted coin while the wealth of bitcoin flows elsewhere.

Drugs? Laundering? 10 years and they are still using those silly arguments? As if their mafias didn't use their fiat money (Rubles or whatever its called).
1325  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin replace Gold someday? on: July 26, 2020, 07:33:27 AM
The thing is, gold is physical; and this has many drawbacks. Even if not a single new gram of gold is ever found again (which i doubt, the universe is infinite).

So it gets heavy, it occupies volume, it needs to be heavily guarded, it could be confiscated (as America's history teaches us), etc.

You could argue that Bitcoin is better than gold. In fact i believe so myself. Of course gold doesn't need power or communications at all, so that is that. And since the ancient world, humanity has used it as means of wealth.

Of course most people don't even "own" gold, but some form of paper that says they do... Not unlike what gave origin to fiat. And that is even worse. Some people wish the gold backed dollar returned, but that is actually bad. Its good that your fiat isn't backed on anything, so that you can easily appreciate its volatility. Unless the coin itself is made of gold, its garbage; nothing more than a peg perhaps backed by your trust to an entity, usually the State...

With Bitcoin, there is no need to trust anyone, and its not pegged, that makes it even more valuable than some paper stating it some amount of gold, a "promise" that would need to be fulfilled by someone...
1326  Other / Beginners & Help / Re: Best Bitcoin Wallet? on: July 26, 2020, 07:23:16 AM
Use Electrum to make your cold wallet, which are those 12 words written by hand on paper. That's the best in my opinion.

For smaller amounts, you could use one of those gadgets, or a secure computer/mobile. Do not think of storing flash memory somewhere thinking that works, flash memory tends to lose its data over time when stored unplugged, so don't.

I keep telling people those hardware wallets are a really bad choice for cold storage, or an usb thumbdrive; just don't. If you are scared of the 12 words, be creative hiding them, could be a book or something. And remember to always have two physical copies in separate secure places.

Of course you could use core, if you live in a nice place with unlimited and fast internet, downloading the whole blockchain shouldn't be a problem. Too bad there are still places in this world like my country with garbage metered, capped, slow and unreliable links.
1327  Bitcoin / Bitcoin Discussion / Re: BITCOIN-An Odyssey: SETTLING INTER-PLANETARY TRANSACTION SINCE 2050 on: July 26, 2020, 07:12:35 AM
As we have already discussed many times in off topic and elsewhere, Bitcoin is ill suited, if not unable, to work beyond Earth unless current limitations in communications above the speed of light are solved. One way this could happen is with quantum entanglement.

But until such a thing is done, even Mars isn't doable. The "ping" to Mars is about 40 minutes at worst, and there could be disruption if the Sun gets in the way which would necessitate the use of relay adding even more "lag".

Simply put, the blockchain would fork per planet. There is no way around it, the speed of light isn't fast enough for interplanetary communication within the Solar system, I'm not even going to bother going beyond that.

One of the infamous memes about Bitcoin is going to the moon, but even the moon is troublesome. To the moon the lag is only a few seconds, your ping would be 4000 or such...

This problem is serious even without messing with Bitcoin or blockchain. Indeed this problem is faced by the remote controlled probes we have been sending to Mars.

And, this is before calculating the time dilation. Remember, time is relative everywhere. All you need is a couple of points moving at different speeds, such as: two different planets. It even happens from Earth to the GPS satellites, but at a very minuscule (but not zero) scale. The astronauts at the International Space Station are already in a slightly different time, its so tiny people can't tell, but the farther away you go (and the relative speeds of the two objects) the more this occurs.

To me its incredible how was Einstein able to predict this without zero way of proving it, only NASA did decades after his death. But yes, i understand how difficult this is to grasp for some people, and its not even quantum physics Cheesy

Now it Mars is so troublesome, imagine a Jupiter satellite, or beyond. Should this problem not be solved, each planet/space colony/celestial object would simply have to use their own coin.
1328  Bitcoin / Bitcoin Discussion / Re: Steve Wozniak Sues YouTube Over Twitter-Like Bitcoin Scam on: July 26, 2020, 06:48:36 AM
I think Youtube should step up and better police their service with this rampant fake giveaways promoted on their platform. It's about time, specially on what had happen to Twitter in recent days.

Well youtube is trigger happy for copyright infractions, infamously triggering several false positives; and yet they let those (stupid) scams using the names of famous people go on unmolested. They should all band together and sue Google the way they deserve it.
1329  Other / Off-topic / Re: Stop using forums digitalpoint they are reading your private messages on: July 23, 2020, 03:02:53 PM
This is true in all forums (and email for that matter), the admin may read your "private" messages, i think here it even gives you a warning about it. If you want privacy, you have to communicate with other means or encrypt your messages.

And in most forums, making a second account is reason enough for getting banned.

Also if the forum is marxist rather than anarchist, they advocate for strong state surveillance (when they are in power) and even see anonymity as threat.
1330  Bitcoin / Mining / Re: Bitcoin Mining Pool distribution on: July 22, 2020, 03:08:48 AM
Now do a pie chart of pool by operating country and see your decentralization results.

Unfortunately that can only be done by the pool operators. They are the ones that can see the IPs their miners connect from, and make an educated guess of their geographical location.

Of course not every pool is going to want to reveal (or even collect) this info. From a pure speculative point of view, find out where in the world electricity is cheaper, and that's where you'll likely find the large farms.
1331  Other / Off-topic / Re: Malicious email question on: July 21, 2020, 10:24:46 PM
I remember an exploit that executed code just by looking at the email. If you are looking at it from a browser, its a browser flaw. If it was a a standalone email client, it was the client flaw.

Best client is the one that doesn't interpret html at all, that only displays text and doesn't try to interpret anything, that won't let you click at links either. Something like mutt Cheesy

So yeah, it can get worse. MUCH worse. It depends a lot in what software you use, and the operating system.

There were also exploits involving the rendering of images, so just by trying to look at the attached image using the wrong OS, was enough. Its both funny and sad to see some of those returning again in Android and iOS.

Better switch to Free and Open Source software ASAP, it reduces the chances.
1332  Local / Español (Spanish) / Re: Estafadores de vuelta a las andadas on: July 21, 2020, 08:15:40 PM
Eso lo que te da es idea de lo que valen los datos sustraídos, los bitcoin fueron adicional... Posiblemente el grupo perpetrador "empleó" a estos estafadores de poca monta para desviar la atención. No es claro como es la relación entre ambos (si realmente son varios) Cheesy

Si existe complicidad interna o ingeniería social, o ambas pues Twitter podría actuar contra los involucrados de descubrirse quienes son. Pero castigar algunos empleados probablemente no va revertir el tremendo impacto del robo de los datos, que es el argumento que hacen todas las personas interesadas en la privacidad, todos los que objetan cosas como el KYC, porque aunque la empresa prometa no compartirlos, no impide que un tercero lo haga, con o sin permiso...
1333  Local / Español (Spanish) / Re: Suben operaciones a través de Localbitcoins en Venezuela, Argentina y Chile. on: July 21, 2020, 07:26:05 PM
Ok, entiendo a lo que te referís, a este sistema no lo tenía en cuenta, pero es aún más estático que los sistemas de reserva 100% con un banco central que modifica la base monetaria. La liquidez para préstamos sería extremamente baja.

Adoptando este modelo a Bitcoin, existe otro problema más: ¿Quién despositaría Bitcoins en un banco si puede tenerlos en su propia wallet?

Seguramente existirían bancos de Bitcoin, como hoy existen sistemas como Coinbase, y habrá gente que prefiera usarlos porque no quiere gestionar su propia cartera, pero sería un servicio para una minoría (comparado con el dinero que hoy está depositada en bancos). Por lo tanto habrá mucho menos dinero depositado que hoy, y dudo que sea suficiente para la demanda para préstamos.

La respuesta a eso es muy sencilla, y ya existe: Aquellos que quieren multiplicar sus bitcoin, y están dispuestos a prestarlos con una tasa de interés. Bajo la banca con reserva al 100%, el préstamo existe, pero es por iniciativa del cliente. Similar a las cuentas de "plazo fijo". Y hay algo importante: Una vez prestado, está prestado, no lo puedes tocar; hasta que se termine el plazo o se ejecute la garantía en caso de problemas, lo que ocurra primero.

Entonces si hay demanda de prestamos, habrá ofertantes dispuestos a arriesgar su dinero. El banco solo va a intermediar, y ayudar a que se encuentren unos con otros posiblemente hacer de garante. Algunos exchange están haciendo exactamente eso, por eso he propuesto en otras oportunidades, que la banca futura debe mirar los exchange, o son estos quienes los terminarán reemplazando a ellos por completo; a pesar de que el intercambio de monedas es una transición.

Es indudable, que hay demasiada banca. Existen por lo artificial del sistema, es que si se legaliza un ponzi, ¿como no van a querer participar de el? Pero bajo la futura economía austríaca, la banca inevitablemente ha de encogerse. Sencillamente no hacen "tanta" falta, como bien dices, se puede guardar en la cartera (bajo la cama dirían antes).

Es importante entender que el modelo austríaco se apoya en el ahorro propio, y no en la deuda o el préstamo como el modelo de chicago que es el que todos conocen o enseñan, y es actualmente el imperante. Es cierto que con el modelo austríaco se avanza mas lento, pero a paso firme. No en base a lo que no existe; por eso desaparecen los ciclos de burbuja estallido, porque se trabaja mas con lo que se tiene (ahorrado), no tanto con lo que no se tiene (prestado).

No es nuestro deber buscar una razón de ser a los bancos. He dado algunas ideas, pero son ellos que deben cambiar. Bitcoin no va devaluarse por mas presión que hagan, seguirá conservando su valor en el tiempo. En la historia está el ejemplo del Banco de Amsterdam que trabajó a 100% de reserva durante 150 años. Y en las clases del Prof. Jesús Huerta de Soto se dan otros ejemplos.

Una moneda que no pierde valor en el tiempo es la mejor manera de salirse de la trampa del modelo económico imperante, y al ser virtual tiene la gran ventaja de que no puede ser confiscada (o robada) tan fácilmente o que sea difícil de mover.
1334  Bitcoin / Bitcoin Discussion / Re: Will mining pools exist after 2100? on: July 19, 2020, 12:07:16 AM
I think most pools will disappear when mining becomes unprofitable (sooner than you think).

There might be a few volunteer maintained efforts, not unlike solo.ckpool.org, getting donated funds to remain alive. In practice, very few people will keep mining anyway, maybe try their lottery solo mining, which you could do with your own node.

If those running the pool do not care that it gives nothing (ie. 0 pool fee for years) i guess they could remain, but for how long?

In the not too far future, when the prize for finding a block is measured in satoshis and with most miners already gone, so will the pools go with them.

Unless something makes the price of bitcoin spike (like the USD collapsing) which would revitalize and delay this process again a few years. But it depends in how the politicians treat their fiat from now on...

Bitcoin has nothing to fear as long as there are people out there who want it to be used. There will always be some enthusiasts hobbyist running nodes and solo mining (maybe even pool mining) left.

And the last ones are those with "free" energy, such as from natural renewable sources.
1335  Other / Off-topic / Re: Twitter has been hacked. [Discussion] on: July 18, 2020, 11:50:24 PM
Possibly insider, possibly social engineering, possibly both. Who can tell? Looks like a drama is unfolding slowly, but like the dramas, things keep repeating themselves again and again and again.

Should you really be trusting your data to these companies in the first place? When will the next "hack" affect you?
1336  Other / Off-topic / Re: Golden Mask - Made up of Gold on: July 18, 2020, 11:41:43 PM
Talk about useless waste. A "first world" thing as they say...

But for gold, that is sadly its most common use, vanity or remaining stored doing nothing.

If, someday in the future, gold becomes abundant, its price will plummet, and perhaps it will go back to being used for more useful things. Near the sea its always useful to have a metal that won't rust.

After this person dies and the face is paced along, it will probably be melted back into some ingot or such anyway. Waste of time. But i guess someone wants to imitate the pharaohs of ancient Egypt, maybe use the money to build a pyramid for the afterlife too?
1337  Local / Español (Spanish) / Re: Cerremos negociaciones. on: July 18, 2020, 03:49:24 AM
Lo que no me gusta del mercadillo, es que tiene una separación por regiones, cosa que no tiene el foro principal en inglés (Marketplace).

Allá hay mas bien exceso de tráfico pero es un solo lugar, aunque hay sub secciones para objetos, servicios, intercambio de divisas, apuestas, prestamos, etc. Pero no está regionalizado.

Acá con bajo tráfico, y además nos fragmentan...
1338  Local / Español (Spanish) / Re: La propuesta de valor del Bitcoin on: July 18, 2020, 03:31:03 AM
No, para nada instituciones u organizaciones, eso es contra natura y viola el espíritu de Bitcoin. Además hay precedente nefasto que no deseo recordar (pero debe estar en los escritos viejos del foro).

Ninguna organización o institución será reconocida por nadie. Ese es precisamente el punto, que no existe cara, que no existe líder, no hay nada pero lo que es nada mas que la moneda en si misma ejecutando las instrucciones que dejó su programador(a)(s).

A Bitcoin no le interesa entrar o no entrar en mercados tradicionales, si les interesa entrará y si no entra seguirá adelante, si tiene una designación XBT desde hace tiempo en ciertos círculos tradicionales, pero BTC se ha impuesto si o si.

Colombia es la que tiene que ver si va permitir esa fuente de riqueza o la va rechazar. Sería de tontos rechazarla porque no tenga una figura a quien relacionar con ella, pero de tontos está lleno el mundo. Realmente solo 15 países han prohibido Bitcoin, la riqueza entonces que fluya para los vecinos. Aunque, en esos países hay gente moviendo Bitcoin, pero deben hacerlo a escondidas.

Cuando aparece una organización que se haga llamar, por ejemplo Bitcoin Venezuela, denúncielo. Aquí nadie se puede hacer representante de nada (y ese ejemplo en particular ha captado dinero de otros, lo cual ya es muy grave). Ni que se hagan llamar "sin fines de lucro" pero acepta donaciones, cuantiosas donaciones (y no residen en el país, que es lo mas patético del asunto).

Pues no, nada de eso. Bitcoin no es de nadie, y por eso es de todos. Y ese es un punto que muchos altcoin no tienen, mas no el único.
1339  Local / Español (Spanish) / Re: Estafadores de vuelta a las andadas on: July 18, 2020, 03:08:14 AM
Pues ya han dicho que no eran 14, mas bien 28 los bitcoin robados hasta el momento. Bueno si Twitter no cumple con sus propias políticas, que se podía esperar de su seguridad. A lo mejor los perpetradores tenían desde antes la manera de entrar a Twitter, y esperaron al mejor postor, pero es solo especulación ya que se ve muy raro un golpe tan grande para esto.

Pues dije doblador, porque es una estafa idiota de "dame 1 bitcoin que mañana te doy 2". Claro con variaciones sutiles pero siempre es lo mismo, les das dinero, puede que te paguen y cuando les das mas salen corriendo. En fin, que no son actores de doblaje Cheesy

También se ve una extraña impericia por parte de los que robaron el dinero (por eso pienso que son 2 grupos, uno pagado por el otro); anda que robar y mandarlo a coinbase para cambiarlo es meterle al bruto...

PS: Las transacciones a comisión mínima si que se procesan, puede que algunos nodos las descarten pero otros las mantienen vivas, y la cartera si es lo suficientemente buena, puede retransmitir de ser necesario.

Las únicas que realmente se "olvidan" son las de comisión cero, y ya no es nada fácil hacerlas.
1340  Local / Español (Spanish) / Re: Suben operaciones a través de Localbitcoins en Venezuela, Argentina y Chile. on: July 18, 2020, 02:56:38 AM
Fíjate que en Venezuela el dólar se ve en la capital, pero en las regiones cerca de la frontera con Colombia el peso colombiano también circula bastante, y en la otra frontera se ve algo el real de Brasil.

Para que lo entiendas, primero cierras el Banco Central. Luego la banca privada restante, a trabajar sin reserva fraccionaria.

Contrario a lo que se piensa, el Banco Central no es que existe para la política monetaria, lo hace si, en muchas partes, pero su razón original de ser es ser banco de bancos, debido a la reserva fraccionaria se hizo una necesidad para fortalecer el sistema bancario de una nación, es lo que previene que una corrida quiebre a un banco individual, el central lo va a auxiliar.

Pero cuando se quita el tema de la reserva fraccionaria, desaparece esa necesidad. Y como ya no hay mas moneda local que regular, tampoco van a hacer la otra función.

La reserva no es la reserva de la nación, eso es otro tema completamente distinto. Es el dinero que se deposita en el banco, cuanto de ese dinero sigue en el banco. Normalmente, es menos del 10%, pero a reserva plena es, 100%. No pueden usarlo sin la autorización del depositante, cosa que hoy se da por entendido pero debería ser al contrario.

Es por cierto la única forma que puede un banco trabajar con Bitcoin, ya que ellos no pueden emitir bitcoins. Es exactamente como trabajan los bancos modernos con valores como las joyas o el oro.
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