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Notices tagged with bitcoin
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https://www.forbes.com/sites/jasonbrett/2020/06/19/interview-with-bitcoin-and-black-america-author/ [www forbes com]
An interview with Isaiah Jackson, author of "Bitcoin and Black America" ... he talks about some of the impact of racism in the financial system and in the laws that underlie it. And he sees #cryptocurrencies, particularly #Bitcoin #BTC as one way to disarm that.
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I missed it, but it appears that #OpenBazaar is gone. Their #Twitter account has some details (from early 2021).
OB was a fee-free peer-to-peer marketplace. I think it was based on #cryptocurrencies ... at least #Bitcoin #BTC.
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At one time, #Daddy_A had a small amount of #BTC ( #Bitcoin ), a small amount of #BCH ( Bitcoin Cash https://bitcoincash.org/ ) and an even smaller amount of #BSV ( Bitcoin Satoshi's Vision https://bitcoinsv.com/ ). I should ask him whether he still has any #cryptocurrency.
It sounds like BSV had some good ideas, but I think most of those were already in the pipeline before BSV split from BCH. I'm talking about things like increasing the block size, so that more transactions can be processed in each ten minute interval. BSV currently has a market-determined variable block size and BCH has a 32MB block size. The original BTC still uses 1MB ... which causes contention for fewer slots inside the block, and raises both transaction costs and the average wait time for transactions to process. AFAIK, BSV is the only member of the Bitcoin family to give major attention to smart contracts ... including creating a new scripting language ( "sCrypt":{https://scrypt.io/} ) to make them easier.
IMO, "smart contracts" make it easier to create non-financial applications for #blockchains and other ledgers.
BSV is also tainted by Craig Wright's claim to be Satoshi Nakamoto, the inventor of Bitcoin. https://www.coindesk.com/layer2/2022/10/21/in-craig-wright-verdict-reality-prevails/
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https://nu.federati.net/url/288784 [www coindesk com]
#cryptocurrency exchange #Coinbase to end support for #Bitcoin Cash #BCH, #Ethereum Classic #ETC, #Ripple #XRP, #Stellar #XLM #cryptocurrencies.
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This hilarious. https://nu.federati.net/url/288057 [www bloomberg com]
US authorities seized a device containing millions of dollars worth of #Bitcoin. Then someone took the #BTC away from them.
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Leader of #El_Salvador talks about people who disagree with his nation's use of #Bitcoin as one of their official currencies. https://bitcoinmagazine.com/print/stop-drinking-the-elites-kool-aid [bitcoinmagazine com] #BTC
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!econusa US Treasury recommends exploring "Digital Dollar" #CDBC https://nu.federati.net/url/287868 [www usnews com]
While we cannot yet know whether a CBDC will happen or what form it will take, what is certain is that the growth of #cryptocurrencies is inspiring this global trend of investigation the creation of national CBDCs.
#Bitcoin #BTC
#Ethereum #ETH
#Ripple #XRP
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#ECB discusses cross-border payments. https://nu.federati.net/url/287239 [www ecb europa eu]
#Bitcoin #Cryptocurrency #BTC #Ripple #XRP
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Watching someone's #Twitch stream. First of all, y'all use waaay too many gamer words.
Secondly, they in room chat veered into #cryptocurrencies.
My answer (not available in the chat, because I'm not a member):
I don't specifically care about the method (cryptographically signed blocks of transactions, chained together via a consensus algorithm), but I care about breaking people free from the control of banksters and believe that should be a priority for all of us.
That is why I care about #Bitcoin, #Ethereum and similar currencies.
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https://evanhatch.medium.com/len-sassaman-and-satoshi-e483c85c2b10 [evanhatch medium com]
Speculation about the identity of #Satoshi, the pseudonymous creator of #Bitcoin. Brings lots of coincidences in to support the choice of candidate.
Probably a much more solid case than Craig Wright’s claim.
#cryptocurrency #BTC #Satoshi_Nakamoto
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https://dailyhodl.com/2021/07/29/litecoin-ltc-sparks-crypto-adoption-with-big-e-retailer-on-board/ [dailyhodl com]
#NewEgg now accepts #LiteCoin ( #LTC ) #cryptocurrency for payment in addition to #Bitcoin ( #BTC ) and #DOGEcoin ( #DOGE ).
> According to Newegg’s senior brand manager Andrew Choi, the integration of Litecoin is about making the customer experience more flexible and convenient.
> "Delivering a better online shopping experience isn’t only about price and selection – it’s also important to let people shop however they want, and that extends to offering flexible payment options."
> Newegg has been using BitPay to accept Bitcoin (BTC) since 2014 and Dogecoin (DOGE) since early this year.
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> The traditional banking model achieves a level of privacy by limiting access to information to the parties involved and the trusted third party.
https://bitcoin.org/bitcoin.pdf Section 10.
Well, there's the seller, the buyer, the seller's bank, the buyer's bank, and the seller's card processing agent. In some cases two or more of the third parties are the same organization, but usually they are not.
You don't necessarily trust the other party's bank or the payment intermediary, either. Sometimes, you just hope that your bank will be willing and able reverse the transaction if you have a problem.
Yes, there really is a need for #DeFi.
#Bitcoin | #Cryptocurrencies | #Trust | #Intermediaries | #Gatekeepers
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Congressperson: The Federal Reserve is "Dogecoining the US dollar" https://decrypt.co/72818/federal-reserve-dogecoining-us-dollar-rep-davidson [decrypt co]
#The_Fed #BTC #Bitcoin #Dogecoin #USDollar #cryptocurrency !econusa
Obviously, there is a point where the combination of the Fed's policies and Congress's borrow-and-spend policies will trigger inflationary price increases. No one knows for certain where that point is, but the Fed's operative assumption is based on doubling the money supply in one year during the 2008-2011 recession without any perceptible impact on prices.
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https://www.bbc.co.uk/news/business-57169726 #Bitcoin and other #cryptocurrency prices continue their fall.
#BTC #ETH #DOGE
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#MIT joining #cryptocurrency industry in effort to strengthen #Bitcoin security https://nu.federati.net/url/279964 [cointelegraph com]
#BTC #XTC
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I'm not sure they know what they're doing. Some government agencies probably still think #Bitcoin is a gold-color token, like something you would use at Chuck E. Cheese.
Though they did take the time to call out #stablecoins as one type that banks & thrifts can use, so they have at least read that much.
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So, it looks like I’m going to have to try out one or more #cryptocurrencies, such as #Bitcoin ( BTC ) or #Ethereum ( #ETH ).
But I’m not pretending that I can time the market, so I’m not looking to buy something that will rise high enough to make me a millionaire. I’m looking at them as a medium of exchange, a means to facilitate purchases and sales. At this point, I’m not looking at them as a store of value, and certainly not as an investment.
Despite my insistence in conversations with #sonTwo that he should likewise consider cryptocurrency only as a means to purchase things, his father-in-law has been reading about sky-high #BTC prices and is putting up a small amount of money to get started investing in #cryptocurrency.
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One of the big issues I have with #blockchain is that people lost all rationality once they saw the prices that #Bitcoin ( #BTC ) has reached. Suddenly, everything is blockchains when most things are not improved in any way by adding a blockchain.
And of course, whenever sleazeballs smell dummies with money, they start rolling out scam after scam using the magic word or phrase that convinces people to open their wallets and bank accounts.
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Judge rules that #Bitcoin is a form of money. https://nu.federati.net/url/273306
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What? #PIA hired Mark Karpeles (of #MtGox #Bitcoin exchange infamy) as their security officer? https://news.ycombinator.com/item?id=21685796
LinuxWalt (@lnxw48a1) {3EB165E0-5BB1-45D2-9E7D-93B31821F864}
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