Be aware that while running a full node via Bitcoin Core is commendable, it might not give the kind of security you are looking for.

Running full nodes versus just using a SPV wallet like Electrum is important for network health and more secure in the sense that your own node verifies transactions rather than relying on a third party to do it for you.

However for most people that is not how you get your coins stolen. What you are looking for is a way to protect your private keys. And for that you either need to set up cold storage, as mentioned by LoyceV, or a hardware wallet. While for the latter there have been various concerning developments I'd argue that they are still preferable over just keeping your coins in a hot wallet like the standard Bitcoin core setup.

Note that simply encrypting your wallet as suggested by promise444c5 will not protect your coins in case of a compromised machine. Even something as simple as a keylogger will completely break this "security" model.

I don't really follow the Bitcoin Puzzle scene, but assuming the public keys for these particular puzzles are indeed within a range that could be derived within seconds, digaran already answered the question following the post you were linking:


Though even that will not guarantee success if your adversary is able to broadcast their transaction at the roughly the same time (i.e. within seconds) as you: (1) They may attempt multiple double spends so now it just becomes a competition of who spams the network most effectively and (2) the mining pool you are colluding with may not be the one actually find the next block. Nonetheless following either approach would increase your chances over just hitting send and hoping for the best (though as mentioned above I can not asses the risk of getting looted for those particular puzzles).

Actually I checked against the European prices first only to realize how much more expensive they are over here.

Actually actually I don't even care that much about Teslas, it's just that a couple weeks ago I've heard the price mentioned somewhere and immediately thought "huh, so 1 Bitcoin" Definitely wouldn't have remembered it without such a straightforward "exchange rate" though.

I'd actually even be fine with OP arguing semantics, if their arguments would be internally consistent. But as soon as the argument gets extended to fiat currencies these are miraculously exempted from their particular definition of "use" by some handwavy reference to government backing. It's almost as if their whole argument is not actually... useful.



YouTube views, presumably.

1 BTC = 1 Tesla Model X  

Double-checking this only seems to apply for the US market though. Also cars arguably don't count as currency.

I roughly know the BTC prices of various digital services, but these are super blurry because they keep changing all the time due to being USD and EUR-denominated so they are hard to remember.

c - HeRetiK

Danke!

By your definition returning it to its issuers for satisfying a loan or bond debt is only "trade" though, and not "use".

You are not "using" the dollar for anything. You are "trading" it for something you bought in the past.

So by that definition, money is useless, right? So, do you want to Venmo me, or go via PayPal...?

The way I see it it's the other way round, ie. Bitcoin having infiltrated the global elite. Though that is, imo, too monolithic a term, which is why we are seeing regulation and demonization at the other end of the spectrum, ie. pushback by the parts of the owning and governing class that have not yet aligned their interests with Bitcoin.

I do agree that the slow descend towards further and further centralization is a concerning one (ie. the step from cex to etfs) but to be honest in that case it's on us to steward and promote self-custody over complacency.

HUGE ID: 1287839
Bitcoin SegWit Address: bc1qn9r945vlekmza8xlxge4lrn22tm7xvwd9q98gu

Nicht ganz, neben den USDT <-> USD Schwankungen musst du zusätzlich noch die USD <-> EUR Schwankungen berücksichtigen. Unterm Strich zählt nicht der Gewinn in USD, sondern der Gewinn in EUR.

66 - HeRetiK

Username: HeRetiK
BTC SegWit Address: bc1qn9r945vlekmza8xlxge4lrn22tm7xvwd9q98gu

13 & 73 -- HeRetiK

13 & 73 -- HeRetiK

Thank you and good luck everyone!

There's a very similar flaw that was discovered in Intel, AMD, ARM-based, and IBM processors a couple years ago:
https://en.wikipedia.org/wiki/Spectre_(security_vulnerability)

It's weird that this isn't mentioned in the article because it was a rather big thing back then and apart from implementation details the exploit seems to work pretty much the same (at least at a first glance, I might be missing something).

The seed words never leave the device, so a hacker would not be able to steal your coins with just your password.

I would assume malware if the update were to ask for the seed words as well. AFAIK the only situation where Trezor Suite would ask for the seed words would be during wallet recovery. However even during that process you have the option to enter the seed words using your hardware wallet, bypassing any potential malware on your computer.

Definitely something to be wary about. What we are looking at is the beginnings of what might be a sort of regulatory capture of cryptocurrencies.

If ETFs become the most common way to invest in cryptocurrencies it becomes easier for governments to regulate the underlying digital assets to death. That is, they can give investors the illusion of choice while slowly smothering the more subversive aspects of cryptocurrencies. Because if you want to profit from crypto you could just invest in an ETF now and every other usage would surely only be for nefarious purposes.

Try millions

The first generation of ASICs put Bitcoin miners from MH into GH territory. Current miners deal in the hundreds of TH. We've come a long way.



Probably not, as this is more about using the existing CPU/GPU (and eventually TPU) cycles more effectively, rather than increasing the speeds at which the chips operate (see the article posted by ymgve2).