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Showing 20 of 84 results by Konfusioon
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Topic
Board Bitcoin Discussion
Re: Countries have banned Bitcoin; Do you believe is because of criminal activities
by
Konfusioon
on 17/07/2022, 16:45:15 UTC
As far as criminal activities are concerned countries percieve the impact of crypto to be rather significant. So even if 1% of crypto transactions are related to criminal activities, but 40% of all relevant criminal activities are handled in crypto, it is still a problem. I will not take a stand on wether banning crypto is effective in alleviating that or not, but it can certanly score some political points to be tough on crime and therefore be tough on crypto as well. So yeah, some calculations in banning crypto are related to criminal activities. Though it is certanly not the sole or even the most important consideration
Did you think there's no criminal or money laundering using fiat money? lol, Bitcoin exist since 2008, while criminal or money laundering already exist so long time ago, of course they're using fiat money to do that. You should look at this article [1] where the money laundering using Bitcoin is completely far than using fiat money. Criminal can use Bitcoin as an option, but you need to spesk with the data and fact about how much the Bitcoin usage by criminal rather than talking like you're know everything.


[1] https://www.linkedin.com/pulse/comparing-money-laundering-cryptocurrencies-fiat-aly-madhavji-%E7%A9%86%E4%BA%9A%E9%9C%96

Read my comment again. I´m not making most of the claims you are saying. I´m not claiming that criminal activities with fiat money are not happening. My 1% and 40% are not meant to be taken as a fact but as illustration. To give another example. Most of the guns owned by people are used for totally legal purposes. Yet depending on the country there can be a lot of crimes related to gun violence. This means that for politicains it can be useful to consider restrictions on guns. Of course even with gun ban crime can and will continue with other deadly weapons. Just so you would not misunderstand me again. I am not saying that guns and bitcoins are the same. Example of guns is just a useful example in this case. Even if 1% of gun purchases lead to gun violence of some sort, it can still be enough for countries to consider bans or restrictions. Likewise I am not saying that ban on crypto is a good idea. I am merely stating that it is obviously an argument in the discourse.
Post
Topic
Board Bitcoin Discussion
Re: Countries have banned Bitcoin; Do you believe is because of criminal activities
by
Konfusioon
on 17/07/2022, 14:58:44 UTC
We all know that bitcoin/crypto being used for criminal activities is only minuscule. Countries just ban Bitcoin because they know they can't control it; simple as that.

As far as criminal activities are concerned countries percieve the impact of crypto to be rather significant. So even if 1% of crypto transactions are related to criminal activities, but 40% of all relevant criminal activities are handled in crypto, it is still a problem. I will not take a stand on wether banning crypto is effective in alleviating that or not, but it can certanly score some political points to be tough on crime and therefore be tough on crypto as well. So yeah, some calculations in banning crypto are related to criminal activities. Though it is certanly not the sole or even the most important consideration
Post
Topic
Board Goods
Re: Need a Turkish phone number!
by
Konfusioon
on 26/06/2022, 14:00:53 UTC
There are subforums here for different nations. I´m not sure about the rules but it might be worth a shot to look around a turkish subforum to see if anyone local can help you out
Post
Topic
Board Press
Re: [2022-06-11] Bitcoin Will Explode by Over 700%
by
Konfusioon
on 11/06/2022, 19:28:27 UTC
I do believe that the name of the topic is misleading in a sense that it states as a fact the opinion of one person. More than likely there are similarly high-profile investment people who would disagree strongly with this prediction one way or the other. I personally don´t disagree with the idea stated in the article, although I am unsure about the Bitcoin as a complement to gold angle
Post
Topic
Board Collectibles
Re: [FREE RAFFLE] 483rd ฿ECAUSE I AM STILL IN A GOOD MOOD- FREE CRYPTO DOGE CAR
by
Konfusioon
on 15/05/2022, 15:22:39 UTC
31 please, ty Smiley
Post
Topic
Board Press
Re: [2022-05-12] Coinbase warns users about bankruptcy risks
by
Konfusioon
on 13/05/2022, 07:56:23 UTC
https://edition.cnn.com/2022/05/11/investing/coinbase-stock-bitcoin-cryptocurrencies/index.html and https://fortune.com/2022/05/11/coinbase-bankruptcy-crypto-assets-safe-private-key-earnings-stock/ are the articles I'm refering to.

It seems that Coinbase is having hard time currently. Their stock is at all times low and at a time like this the company started reminding users that all the currency stored on Coinbase may be part of the bankruptcy pool. Since I am assuming that at least some amount of people hold their crypto on that platform I would suggest looking for alternatives as you really don't own your money there.

I think the articles are blowing the statement out of proportion.  Yes, it is in the Coinbase SEC filings etc, but it is somewhat obvious that if you don't control the private keys, the bitcoin are not your's.  You are just a creditor.  That has been known all along and is nothing new.  It is just like if you have assets at a US Bank - although purportedly not at a Swiss bank.

To me it sounds like FUD spread by people who want people to be scared and panic.

Informing investors of the risks is a lot of CYA, the reporting on it is FUD.

I agree that in many ways this has been blown out of proportion. However I do think that there is value in this article reminding people that you don´t strictly own the money on sites such as Coinbase. Mostly I think that some people live under the impression that sites like Coinbase etc are similar to a bank in sense that yes - Coinbase and bank could go under, but it´s purely theoretical.
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Topic
Board Goods
Re: i buy 1 merit point. offers ?
by
Konfusioon
on 12/05/2022, 22:24:17 UTC

i don't give a hoot. you guys are just circle jerking each other for a number in a database

A number in a database which you tried to buy with real world money just few moments ago :I
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Topic
Board Press
Topic OP
[2022-05-12] Coinbase warns users about bankruptcy risks
by
Konfusioon
on 12/05/2022, 13:01:03 UTC
https://edition.cnn.com/2022/05/11/investing/coinbase-stock-bitcoin-cryptocurrencies/index.html and https://fortune.com/2022/05/11/coinbase-bankruptcy-crypto-assets-safe-private-key-earnings-stock/ are the articles I'm refering to.

It seems that Coinbase is having hard time currently. Their stock is at all times low and at a time like this the company started reminding users that all the currency stored on Coinbase may be part of the bankruptcy pool. Since I am assuming that at least some amount of people hold their crypto on that platform I would suggest looking for alternatives as you really don't own your money there.
Post
Topic
Board Goods
Re: i buy 1 merit point. offers ?
by
Konfusioon
on 12/05/2022, 10:01:37 UTC
To add to the previous posters I am mostly a lurker in these forums posting only here and there and have managed to get fair amount of merit. So to get merit you don´t have to be very active or prove that you can use crypto for other things aside from asking it. Meaningfully engaging with other members is enough to eventually get all the merit you need. If you indeed spent your own time writing tutorials (and you didn´t plagiarize them as some have pointed out) then I am sorry that your hard work wasn´t rewarded with merit. Still it´s a good first step in connecting with the people here.
Post
Topic
Board Collectibles
Re: Coin Materials
by
Konfusioon
on 10/04/2022, 19:14:19 UTC
I´m not sure how realistic it would be but I have always been fascinated with wooden coins. A well done wooden coin would be extremely pretty. Most likely a pain to produce in large quantities though.
Post
Topic
Board Goods
Re: WTS this accounts
by
Konfusioon
on 14/03/2022, 14:33:20 UTC
Accounts since 2018.

Offers your Rate!

Dumbest shit I've seen today, and I watched 20 seconds of a bitchute video. Who would want a red-trusted newbie account.

Hah! I see what you did there Cheesy
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Topic
Board Goods
Re: [WTS] Fortune cookie bitcoin fortune
by
Konfusioon
on 12/02/2022, 18:03:58 UTC
Do I understand correctly that is essentially just a piece of paper which is easily reproducable?
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Topic
Board Goods
Re: CBD products for SALE for BTC
by
Konfusioon
on 31/01/2022, 16:47:39 UTC
How much THC is in the oils? From my understanding some CBD oils do contain some (albeit very little) amount of THC. There are a lot of countries where CBD is legal, yet your CBD oil could be considered illegal due to the amount of THC in it
Post
Topic
Board Serious discussion
Re: What's your opinion on Telegram?
by
Konfusioon
on 31/01/2022, 16:43:40 UTC
I really like Telegram. It strikes a nice in-between ground for me. It is easy enough to use and I believe it keeps my data safe enough. Definitely better than some popular alternatives out there (looking at you Messenger). I would not use it for super-sensitive conversations, though
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Topic
Board Off-topic
Re: NFTs discussion
by
Konfusioon
on 31/01/2022, 16:40:31 UTC
It´s too big of a topic to get it covered with a single post. Start reading here: https://www.coindesk.com/learn/minting-your-first-nft-a-beginners-guide-to-creating-an-nft/ after that google around a bit, there are helpful tutorials out there
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Topic
Board Off-topic
Re: Smoking
by
Konfusioon
on 30/01/2022, 17:56:30 UTC
Does anyone else get the vibe that smoking nowadays is much less popular than it used to be? I remember that in my very first job smoking was a soft-requirement because everyone did it and important decisions got made in the smoke-corner. Nowadays in all work collectives I have been part of, there are perhaps a few smokers
Post
Topic
Board Economics
Re: 02/02/2022 :(
by
Konfusioon
on 30/01/2022, 17:05:01 UTC
Aside from high inflation and energy prices there is really nothing new here? Apple has had great sales before, most of the crises listed have been with us for a long time (ie climate change crisis). Some crises are very much regional (ie food crises). Sure, the situation is not ideal, but is it really any worse than before?
Post
Topic
Board Collectibles
Re: [WTS] 2,600 Year Old Ancient Gold Coin graded by NGC
by
Konfusioon
on 29/01/2022, 21:04:32 UTC
The strange thing is that the original poster himself points out as well that the last similar coin was sold for around 30 000$
Post
Topic
Board Serious discussion
Re: Five best nuts that works for anti- aging
by
Konfusioon
on 29/01/2022, 20:43:34 UTC
I must say that this is such a delightfully specific thread that I seriously chuckled when I saw that this topic really was about five species of nuts that slow-down ageing. Thank you for that Cheesy
Post
Topic
Board Politics & Society
Re: Do you think Russia will threaten cyber warefare?
by
Konfusioon
on 29/01/2022, 20:41:46 UTC
Cyberwarfare has been in Russias tool box for a while. It has already been used against Ukraine and no doubt it will be used again. I do believe that as a result of sanctions cyber attacks could follow. Although it is unlikely that it would be seriously targeted against the US. Some government pages could get taken down temporarily, but a serious and impactful attack against US would be too costly and achieve too little. The difference here is that a small-scale attack could easily be denied. A cordinated attack would just risk bringing US more strongly into the conflict where Russia does not want the US to be in the first place.