Oops left out a word: it's literally impossible for those coins to move in secret. Public ledger and all. Does that answer your question?
624 karma · joined September 7, 2021
I haven't read "The Bitcoin Standard" but believe it addresses some of your curiosities.
1. Not forward the transaction (I can tell relatively quickly by checking the mempool)
2. Doxx me/report me/etc by observing my IP, Whatsapp account name, and what wallet it is connected to.
Besides that, I can put my transactions up on a billboard for all I care.
I could see this. Somewhere else it was pointed out during this "crash" that it was all off-chain, blocks and mempool were relatively empty, so the crash was on exchanges.
Let's say Bitcoin was strongly regulated globally. Anyone caught running mining software or transacting in Bitcoin has their hands cut off. Ouch.
I can still download mining software and run it on my computer, and connect through the network through Tor. Blocks are 1 MB every 15 minutes, it's noise. I don't need to know anyone or have anyone's identities. It's really really hard to catch me. Like, wayyyyy harder than the child pornography example.
Well, ok but what's the incentive then for me to use Bitcoin in such a world? Not sure there, like what's the "USD price" per Bitcoin. Ya this part seems tough. If all countries strongly ban Bitcoin with harsh penalties, that seems like it would put a kabosh on my ability to turn it into real world currency. But still could be used for digital goods.
The crypto community selling out after all the years of "hodl"? I would pay to see that!
Satoshi "secretly" cashing out....what? How could that even happen it's literally impossible for those coins to move. Maybe Satoshi simply sells his private key off-chain, is that what you mean?
Check out the Lightning network, it's much more about currency/goods/services as a Bitcoin service.
To Bitcoin.
When you define the USD as stability, then yes, USD is stable. It seems like circular logic.
Here's a site that tracks it: https://bitcointreasuries.net/
Again, if you know deeply that Bitcoin is a fraud then this probably just further confirms how crazy wacky the world is and doomed for a fall. I get it.
To me it's something else.
Tulip Mania - the classic story of a Dutch financial bubble is mostly wrong:
https://theconversation.com/tulip-mania-the-classic-story-of...
In a world where CNC machines were in every house, the same thing would apply re: gun control. People could just make their own guns.
I'm not saying it's a super effective point, but just making sure you get the framing.
It's an automated system. Customer support will say the equivalent of "it's a secret" why you were banned. Yeah right it's some dumb batch job.
Save yourself feeling abused. Don't bother trying to fix it. Waited 6 months and created a new account.
Another time I sold an item and shipped it. The froze my account. Same "it's a secret" bs. What did work for me was contacting the Better Business Bureau. That got me answers, months later. It was because I shipped the item before the Paypal payment had cleared.
eBay is a shitty company. To the extent this is the future of software, we a f-ed as we get older. These systems are going to chew us up and spit us out.
Curiously, a map is not this size, Japan is. A map is closer to 1m.
What is the biggest size jump in this database by percentage growth between one emoji and the next?