Is this some sort of collective catharsis after extended COVID-19 lockdowns?

At least half of these people will fall ill the next week or two unless they had already recovered from the virus.

A quarter won't even know they have it, and another quarter will die if unattended. The virus will spread greatly in these demonstrations, so when the demonstrators go back home, their families will become ill as well.

In the meantime they have about a week or two to protest as much as they can. To the world it looks like America is on a fire all over the place...

Perhaps Trump is also waiting for the virus to do its job?

Now these racial issues in America appear to have no end. All this segregation and discrimination is alien in many other countries.

Bitcoin es seguro a largo plazo. Claro que eso no conviene en algunos sectores, y es mejor sembrar el temor, incertidumbre y duda sobre todo en sus clientes tradicionales y potenciales para que le confíen su riqueza a ellos y no a un activo que no pierde valor en el tiempo y no depende de nadie...

Y puede que tengan razón con la mayoría de los altcoin, pero Bitcoin es caso aparte. El tiempo nos ha dado la razón, y nos la seguirá dando. Bitcoin aumenta su valor cada día mas lento, pero no es tanto porque bitcoin aumente, sino porque el resto de las monedas fiat y los altcoin anclados a ellas se devalúan intencionalmente en el tiempo. Por aquel dogma de que sin inflación no crece la economía y demás cuentos de la errada pero aún imperante escuela de Chicago.

Para entender el lugar de Bitcoin en el mundo, es necesario estudiar la escuela Austríaca de economía, sobretodo la parte donde proponen usar al oro directamente como dinero, y sus motivaciones. Un siglo después tenemos Bitcoin, que fue diseñado como "oro digital" y es incluso mejor que el oro.

O de que los mueve a una cartera moderna para acabar con el infame ataque teórico. Movimiento de bitcoins no es igual a "gastarlos"; muchos por ignorancia entran en pánico cuando un exchange mueve grandes cantidades de una cartera a otra (por ejemplo de una cartera "caliente" (online) a una cartera "fría" (offline) o vice-versa.

Claro que eso anunciaría al mundo el regreso de Satoshi... Así que tal vez nunca veamos eso, salvo que se haga realidad el infame ataque y sean otros quienes lo hagan... Aun así Bitcoin seguirá. Hay propuestas de bloquear o recuperar esos fondos, yo digo que no harán nada y será el gran premio de quien logre dar con el cifrado, tal vez en las próximas décadas de computación cuántica.

Una vez mas la cartera física "hoja de papel" demuestra su independencia y superioridad respecto a unos artilugios creados por terceros que, inevitablemente recaban datos de sus usuarios.

Cuando escribes a mano 12 palabras en un papel, no hay una empresa espiándote. No es necesaria una transacción comercial para adquirir dicho papel y lápiz.

Lo irónico al usar esos dispositivos, es que también necesitas tener esa hoja. Entonces, tienes la hoja, tienes un password, y dependiendo del caso 2fa, etc.

Una hardware wallet es útil para cantidades pequeñas. Es mejor que usar un teléfono a una pc con windows u otro sistema inseguro. Pero versus la hoja de papel, es claramente inferior.

Me parece tonto usarlas para carteras en frio, es un desperdicio. En lugar de almacenar y proteger una pequeña hoja de papel, se almacena un artilugio Y una hoja de papel. Porque el artilugio puede dañarse guardado... (¿Han visto el tiempo de vida promedio que una memoria flash conserva sus datos?).

Pero lo mas importante es que sus datos personales no van a dar a ningún lado. ¿Y si un gobierno los presiona? Sin el "hacker" mas de uno ni sabría de esto.

Es un tema de dependencia a terceros. Uno de los puntos fundamentales con Bitcoin, es que se puede manejar el dinero sin depender de nadie, ni bancos, ni gobiernos ni empresas o grupos de ninguna índole.

No, no, no, la herencia es solamente un cuaderno. Una de las páginas tiene una curiosa lista de 12 palabras, nada mas.

O es un libro, si eso un libro. Que curioso, tiene 12 palabras marcadas, tal vez no signifique nada, totalmente.

Hereda 12 palabras. Puedes dejarlas en el testamento  

Es una copia al carbón del fracasado control de cambio en Venezuela. La novedad es que el gobierno Argentino se ha dado cuenta que su "control" no funciona con Bitcoin, y pretende echarle mano pensando que puede...

Pues claro que los controles solo producen el efecto contrario, podemos explicarlo en el área de economía para no aburrir.

¿Que pueden hacer contra Localbitcoins? Nada, es un exchange en el extranjero. Para un Argentino basta con acceder a el por vías alternas, caminos cifrados (en lugar de verdes). Y el manejo de Bitcoin puede hacerse vía Tor (entre otros) perfectamente bien.

Sobre los bancos, pues sencillamente se inventa. "Pago por servicios prestados", o cualquier cosa. No se va poner "compra/venta de bitcoin"), para el gobierno solo se ve como una transferencia de pesos de una cuenta a otra entre connacionales, totalmente desapercibido.

Por supuesto eso es con personas comunes, no las ballenas que mueven fortunas. Esas tienen sus métodos.

¿Pues que es lo que no quiere el gobierno? Lo obvio: Que los Argentinos no salgan de sus pesos que pierden valor aceleradamente, cosa que a la fuerza jamás funciona ni funcionará nunca. De hecho la sola medida provoca un pánico o estampida en contra del peso (a salir de ellos como sea).

Porque de 500 dólares que ganaban los Argentinos, de la noche a la mañana pasaron a ganar 150 por la magia de la inflación. Y de ahí a los 2 dólares que se ganan en Venezuela, basta con mantener la política de controles a la economía...

El Argentino debe hacer exactamente lo contrario a lo que su gobierno desea, es la única forma de sobrevivir. Por supuesto que deben comprar bitcoin, y es mas seguro guardarlo que los dólares. Que no es igual esconder un bolso con dólares que un papel con 12 palabras...

Y si a la historia nos vamos, en EEUU se prohibió la tenencia de oro en buena parte del siglo 20, quien no lo escondía lo perdía, el gobierno se lo quitaba y punto.

Por supuesto el gobierno echará la culpa del fracaso del control a los evasores de la medida, cuando en realidad es la medida misma el problema. Cepo, corralito, como le llamen, todo eso es basura. La economía no es gobernable, los controles no sirven.

Y Bitcoin fue diseñado exactamente para evadir esto...

It is nonsensical in many ways, but people cannot help but try to apply what they know to the new thing they don't.

Are you going to tax bitcoin? in bitcoin, or a fiat equivalent? At what rate? Are you taxing all the little altcoins too? at what rate?

What exactly are you taxing? Someone's wallet? Whatever enters that wallet? What it people just keep undeclared wallets?

Bitcoin is not moving in and out of your country (actually it is, but ALL of it, all the time, as long as nodes exist within).

Its not like people actually send coins from country a to country b, its easier to visualize that way because its what we are used to, but actually...
User from country a hands the keys to control certain coins to user in country b.

I think if they stick to VAT, it might be doable. Then you can go and audit the merchant on things or services that are actually sold. But any other taxation is entirely voluntary, even if they make a law so its compulsory, in reality it will always be voluntary.

Pretty much unenforceable.

Everyone is asking this lol. All i know so far:

They claim to have it working with an S17, but nothing has been released yet. It is their main goal for the next (non nightly) release. Nightly is for late bug fixes, requires installing into NAND and is enabled via ssh with the command: bos nightly_feeds on.

I have no idea if the other models are close or different enough from the S17 to require separate images, or more testing/changes before getting support.

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That btcv2? craze also spread to the sha256asicboost rentals as well...

I have used it with Nicehash just fine, it works. This is the URI i used:

stratum+tcp://sha256asicboost.usa.nicehash.com:3368#xnsub

Its simply the asicboost port. I haven't tried non asicboost, but see no point when asicboost works just fine.

BTW: Mining Rig Rentals also work, its only slow to pick up.

Are you lifting the firmware restrictions to solo miners?

Remember what needed to happen for Bitmain to enable asicboost? Just wait until some third party firmware does it...
If it is about voting, i would vote for enabling ssh access back again. But something tells me, they don't care.

What happens when those third party firmwares allow people to adjust their power usage while theirs don't? Mass firmware migration.

The S17 family appears to have an excessive number of models some which appear to be just a mere firmware change.

I think i would go for 1, not because he would keep driving but because i also want to keep myself safe.

You said slow, but you also said bridge, i don't think i would want to risk it...

If proper regular tests were in place, he would have lost the license. Ah well. As time passes, with autonomous driving, i predict the max age for driving cars will start going down regardless. No excuse to risk others when the car can now drive itself.

Hmpf, panicking over this...

What if this early miner is suddenly in a difficult situation without income because of the pandemic and needed some cash?

As if had said many times before, when your money does not lose value over time, you will aim to spend only whats necesary. I don't think this is any different, which is also the reason the rest of the 40 ₿ remain.

Of course it would be smart to move the whole thing into a modern wallet, but whatever.

Also no, the Spanish thread is a faithful translation of this one, no one there said it was from Satoshi...

In fact it would be best if those holding such ancient coins would move them into newer wallets, to avoid that infamous attack some people keep predicting, precisely against Satoshi's coins among other early holders.

But it could be that Satoshi isn't there to move them anymore, or lost the ability to do so.

Also even if you were Satoshi, why sell them all? Just sell a bit for living expenses, i don't get why people keep thinking its always an all or nothing.

The normal attitude when you have money that doesn't lose value over time, is to only spend what you need, and keep the rest.

Why would you get in "panic", if "Satoshi" decided to sell, say, 10 ₿ for living expenses? Well despite the fact of announcing the world that Satoshi is still out there...

Good move, but i wonder if she learned about keeping it in her own wallet, rather than on Binance's wallets...

Something tells me, that latter part was probably not conveyed. Americans would do well to save their wealth in something not fiat, that could lose value suddenly especially when politicians print like there is no tomorrow.

There is of course the indirect exposure of having such figures talk about Bitcoin. I'm surprised she didn't end being led to bnb, or is that unavailable for the US?

They cannot. This is unrelated to Bitcoin, as Bitcoin isn't "American". Even various countries banded together to attack Bitcoin, they would not succeed. Annoy yes, but not destroy Bitcoin. It was designed to resist such a thing since the beginning, when it was though all the govs and banks would go against it (they didn't).

Funny thing is, if China went to war against US, they wouldn't attack Bitcoin. They use it too you know? I don't see what makes you think Bitcoin is somehow American, when many American politicians and bankers and rich people hate it...

Attacking Bitcoin is costly, and the more you try, the more you spend. It would bankrupt your economy before you could achieve anything. So forget it.

Lightning Network is only intended for one small subset of use you will rarely every do: Instant payments. The infamous coffee purchase.

Most payments can wait hours or even a day or two, you can do that with regular on-chain transactions just fine. For this picky crowd that somehow can't seem to organize themselves enough to pay in advance or such, this invention was made. I guess its better than exchanging for an altcoin or using a high fee.

Fortunately its optional. You don't have to use it, ever. Most transactions won't be made using LN, and its creators recommend it for small amounts anyway.

Its not that the paper is wrong, but the idea of printing the private key on it is very dangerous. Thankfully they were replaced with seed words which are better.

You use your hands rather than an electronic device, to write the words in the paper, and secure it very well. The wallet can recreate the private key from those seed words. Of course the whole thing should be made/handled in an air-gaped computer using a secure OS etc.

So now when you want to cold store your coins, you do just that. Create a wallet, write those words, print/copy the addresses so you can send funds to, and delete the wallet. Your wallet can be recreated at anytime, and you can send funds all you want safely to it, you can monitor it in read only or with a blockchain browser.

In short, its the modern, safer version of it. Private keys should never be handled directly.

I don't know about China (apparently its seasonal), Iran is another place with cheap electricity, but sometimes you get people from other countries with "free" electricity, either because they invested in renewable, or perhaps its the owner of a power plant with excess production, etc. I have also heard about Russia and even Mongolia before.

Of course the bigger the operation, the more money you need and longer ROI.

So for most people the answer is no, unless they have nearly free electricity.

Ever heard of Mercadolibre? Or, i don't know, delivery? How about bank transfer?, if you live in Venezuela you would know bank transfer is one of the few methods of payment after banknotes got scarce before they invented that sms pay thing. And how long do you wait for a bank transfer? Is it immediate? Oh no it isn't, not unless you and the merchant happen to be in the same bank, good luck with that.

Its not my fault you just go to the kinds of business that expect instant payment. I repeat: Stop whining, plan ahead. Pay in advance, or open a tab with the merchant...

Bitcoin is 11 years old where have you been?, are you with the Randy troupe? You would fit well with them...

Bitcoin as it is does not realistically work for instant payments, that is OLD news. If you were telling people otherwise, you were misguiding them. Bitcoin excels in anything that is not instant payment, which is most things anyway.

What, you never went to a place without the point of sale working, because cantv (or corpoelec) is down again? No credit card (because none work); no cash (because you would need bags of it) and you just finished your restaurant meal and all you have is money in the bank, what do you do and what does the owner do?

Up until last year, payments with foreign currency were illegal. This situation is OLD, and "normies" here started learning Bitcoin and altcoins since 2017 after the gov tried pushing the failed Petro.


Most purchases in Mercadolibre take various days, no seller ships after confirming their money was transferred into the bank or some other method like going physically to the shop to use a debit card. One day, it occurred to me to ask the seller if he would accept bitcoin, he said yes and one hour later the 1 sat/B transaction confirmed and i picked up the item.

It is you who lack experience using 1 sat/B. Its normal to take a few hours, more rarely a day, but sometimes they pass even under one hour. This is why the things you say come from ignorance and or lack of experience. So start using it properly rather than bashing things you still don't fully understand.

Face to face is no different, you are just wasting time going physically to a place that won't give you anything until the bank transfer is confirmed. But sure, you go, ask the amount and bank details, go back home do the transfer and wait until they confirm so you can go pick it up (or they deliver it to you).

Venezuela has long dropped instant payments anyway, except for the select few with foreign currency. Without credit card and often failing rapidly disappearing debit cards, its just bank transfer and the sms thing if you are lucky. Only last year things moved a bit once they allowed foreign currency use.

Most people would have waited longer ANYWAY.