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[fillippone]

A good read.

In these difficult times, lateral Bitcoins, brrrr and CoronaVirus scare, nothing better than a nice read from my fellow italian Bitcoiner @giacomozucco about Bitcoin Privacy.

Two part article.
 I bet you have time in your quarantine:

 
A Treatise On Bitcoin And Privacy Part 1: A Match Made In The Whitepaper

Introduction

How one’s focus can shift in just two weeks! While today everybody in the Bitcoin space seems more concerned with price fluctuations in response to the global financial panic (understandably so), it’s important to remember perennial issues that never go away, like the importance of maintaining your privacy when you transact in bitcoin. Throughout this month especially, we’ve been hearing reports of KYC/AML-compliant exchanges freezing user accounts due to suspected use of CoinJoin software (more on that later), followed by yet another case of a famous and respected early Bitcoin proponent promoting his new illiquid altcoin as something that “will replace Bitcoin, which isn’t private enough!”

If you want to take a short break from global pandemics, financial meltdowns and price volatility, here’s an attempt at analyzing claims, facts and context of this latest “Bitcoin drama.” To begin with, in Part 1 of this two-part series, we’ll start by looking at the fundamental relationship between Bitcoin and privacy by going back to the beginning with the whitepaper. Then, in Part 2, we’ll focus on some the ways that Bitcoin privacy is being maintained and improved upon — and strike down a few “red herrings.”

A Treatise On Bitcoin And Privacy Part 2: Don’t Be Misled By Red Herrings

Fiat Gateways Lead to Privacy Graveyards


Bitcoin is an effective system to transfer and store wealth, but that wealth has first to “enter” the system somehow, very often coming from fiat money. (Of course, you can also earn satoshis directly in exchange for goods and services you provide, instead of buying them with fiat.)

Fiat-enabled bitcoin on-ramps (often known as “cryptocurrency exchanges”), acting as liquidity bridges, created huge privacy problems in Bitcoin. In order to manage fiat, exchanges will have to use traditional bank accounts. In order to get those, they have to meekly accept all the rules, conditions and limitations banks require. Traditional fiat banks, in turn, will pass over the extremely complex and heavy “compliance” burden they received from governments and regulatory agencies, including that concentration of economic illiteracy called “KYC/AML regulation.”

So, fiat-to-bitcoin bridges will almost always end up demanding a scary amount of personal information from their user, linking that information to a few deposit and withdrawal addresses (often incentivizing continuous reuse) and then even hiring “chain-analysis” companies in order to follow, trace, tail and stalk all the previous and following economic activity on-chain.

[Toxic2040]

Good morning WO's


Bitcoin continues to trade in a narrow channel and seems content to follow the lead of legacy markets. Not a great sign imho and is probably indicative of more choppy seas in the short and mid terms. #dyor

The spigot is closed or closing it appears on the hourly chart. I honestly have no idea what it represents, but I dont care for the look of it.
1h


The weak vertical structure(s) of the 'ladder' is suspect imo..trade craefully.
4h

[JayJuanGee]

I think the NHS is also down a lot of money thanks to Brexit.

Hm. Wonder when the horde of diseased refugees will try to invade Ireland. They may need a wall.

Probably a good idea to build a wall.

A huge wall.

The best wall.

there should be a wall between northern and southern Ireland and then another wall around the island.. a kind of water wall.

Oh, we need to know a minor detail about which part of the island is keeping the other part of the island out; might make it a wee bit easier to figure out how to build the wall, exactly?  whether it should lean inward or outward might be another detail, with barbed wire on top, too.

Would be great for the economy.. a kind of infrastructure building stimulus.

[jojo69]

[JayJuanGee]

The reason bitcoiners can’t catch Coronavirus:



They have nowhere to go, no one wants to hang with them and all their friends are bots.

I resemble that statement!!!!!!!!   

[Last of the V8s]

edit: lol , in the possession of the Earl of Coventry  

There used to be a bit of a thing about a little boy who was told, "Do you see this fine old gentleman, Timmy? You go up to him and ask if you may shake his hand." On Timmy's return, nanny tells him, "there, now you can always say you have shaken hands with a man who shook hands with the man who shot the French man who shot Nelson."

[Biodom]

I "resemble" the fact that stimulus bill artificially creates winners and losers in economy.
It is kind of idiotic: it maintains 100% employment in airliners until September 30 when nobody is currently flying while millions are being furloughed/fired all over the country.
What gives?

...My SO was just furloughed at the moments notice in a healthcare/private company.
Now I would have to sell at least some alts. Foook.

[jojo69]

spring break diaspora

https://twitter.com/TectonixGEO/status/1242628347034767361

also...smartphones are privacy cancer

[sirazimuth]

 
side 1                                                                                                         side 2


Oh jeeezus...I love working 2nd shift....  (unpolished)

[Indymoney]

The reason bitcoiners can’t catch Coronavirus:



They have nowhere to go, no one wants to hang with them and all their friends are bots.

I resemble that statement!!!!!!!!   

Sadly I have no bots just this computer and bitcointalk members nothing else 

[jojo69]

smaller end mill

shrink to 0.4

you need capitol for tooling?

[Toxic2040]

Wait..off in the distance..what is that I hear?    BRRRRRRR!!


Interested to see how it all piles on now that we are 'saved'...

Stimulus package passes the House..now off to hes Orangeness to be ratified.

https://www.cnn.com/2020/03/27/politics/coronavirus-stimulus-house-vote/index.html

Washington (CNN)The House of Representatives on Friday approved the historic $2 trillion stimulus package that passed the Senate earlier this week, overcoming last-minute drama by using an unusual procedural move to thwart a demand by a conservative Republican to force members to vote in person.
The bill now goes to President Donald Trump's for his signature as the American public and the US economy fight the devastating spread of Covid-19.

[jojo69]

[JayJuanGee]

 
side 1                                                                                                         side 2


Oh jeeezus...I love working 2nd shift....  (unpolished)

Holy Moley!!!

That's a pretty BIG ASS coin, sirazimuth, or could it be classified as a throwing disk (aka shotput)?  

Must weigh a couple of pounds (kilo) at least.

smaller end mill

shrink to 0.4

you need capitol for tooling?

I think that jojo might be saying something similar to me... at least in the first part.

[JayJuanGee]

The reason bitcoiners can’t catch Coronavirus:



They have nowhere to go, no one wants to hang with them and all their friends are bots.

I resemble that statement!!!!!!!!   

Sadly I have no bots just this computer and bitcointalk members nothing else 

Reminds me of the song lyrics:  "I ain't got nobody.  Nobody cares for me."     

[OutOfMemory]

Good eve, crypto warriors  

I also heard some envy on the Spaniards' part that the Germans have boatloads of ventilators but won't lend them around their sister european nations. idk

I doubt that, because the germ government even asked car manufacturers if they could design and build ventilators, because of upcoming shortage.
The manufacturers replied that it's not possible in the short term, because production lines have to be set up or adapted and software as well as controllers would have to be developed first. Even worse, if they'd use their exisiting car tech as a starting point, the devices would not go through serious medical testing fast enough, which means if a device fails to work at some point, this would mean a dead patient.

Thinking about the trumpsters order to GM to build ventilators NOW  

If @erre and @fillippone and whoever else of an Italian sensitivity could now close their ears

I just found an opened packet of wholewheat farfalle with a 2014 best before date at the back of the larder. It too k around 30 mins to soften up and then was perfectly delish with some shop pesto of the same era. /

A gourmet  
Corn Wheat actually has a very long shelf life, as long as it's stored cool, dry and in the dark.
Not so sure about pesto because of the oil. Fat can get real ugly when addled (is that the correct word?)

[Cryptotourist]

I resemble that statement!!!!!!!!    

It's okay JJG, it's okay to be angry.
Own it, and channel it through.

And then it's gone, 5, you start to wake up, 4, you are more alert, 3, your eyes start to open, 2, and 1, you are awake!



The Tourist-Slayer methodology, will take care of you.

Reminds me of the song lyrics:  "I ain't got nobody.  Nobody cares for me."    

We care. #nohomo

[fillippone]

If @erre and @fillippone and whoever else of an Italian sensitivity could now close their ears

I just found an opened packet of wholewheat farfalle with a 2014 best before date at the back of the larder. It too k around 30 mins to soften up and then was perfectly delish with some shop pesto of the same era. /

Dear Lord.
This is so wrong on so many multiple ways.

• Wholewheat Farfalle
• Farfalle
• long opened pack
• long overdue best before date
• 30 minute cooking time
• shop pesto
• pesto from 2014
• pesto with farfalle

Note to self: post a picture of my trofie al pesto with potatoes and green beans.

I would rather buy Ethereum than eating that.
Please be my guest next time you are in Italy.

EDIT:
you think I am kidding about farfalle?
Do you remember Italian get crazy and raiding supermarkets to get the pasta:
here, look what's left:

https://www.sempionenews.it/cronaca/coronavirus-supermercati-del-territorio-presi-dassalto/

Supermercato a Milano, la foto dimostra di ue cose: che la gente è scema e che le farfalle fanno schifo a tutti, peggio delle penne lisce!! #coronarvirusitalia #amuchina

https://twitter.com/dafiumicino/status/1231642945318793218?s=20


EDIT2:

<...>
Not so sure about pesto because of the oil. Fat can get real ugly when addled (is that the correct word?)

Improperly conserved pesto can be quite dangerous actually.
Read this horror story.

A Botulism Tale: Two Young Women and One Jar of Pesto Sauce

Note, this is an horror story not because the guys got botulism, but because the ate industrial pesto with basil coming from California(really? are you f**king serious? - I can tell the difference of Pesto grown outside a specific zone in Italy and you think California pesto is edible??)

[JimboToronto]

Shit just got serious here.

They decided to suspend the sale of alcohol for 14 days here to "maintain public order" during social distancing. What a crock. It is state-wide so you can't even get a cerveza at the local posada in a small town or village.

https://www.eleconomista.com.mx/estados/Quintana-Roo-suspendera-la-venta-de-alcohol-en-horarios-extraordinarios-por-Covid-19-20200326-0105.html

WTF? Gangs of drunken social distancers rioting in the streets? They don't think they'll find alternate activities? I guess the pot cartels will make a killing (oops wrong choice of words?).

Down to my last 3 Tecates in the fridge. Hoping to find a back door somewhere in town but it's a long shot. Most proprietors will want to keep what they might have left for themselves. Everyone has a price though. Luckily I have a fairly well-stocked bar so it's not like I'm gonna go completely thirsty. During a heat wave (36c/97f) like we're having now I'd rather have a frosty cold cerveza than hard liquor though.

I'm also down to my last bottle of merlot and that won't last more than a few dinners even if I ration it down to a glass a meal. Luckily the girl only has a sip of mine.

Here I thought we were avoiding most of the Covid-19 crap. This one hurts. I guess I can't complain though as long as we're free of the actual virus.

Life goes on.

[Cryptotourist]

I would rather buy Ethereum than eating that.

Sounds pretty damn serious V.
I hope neither of you need to be hospitalized.