Why does this sound like systematic chilling to me, you already mentioned that the old email was hacked How do you explain your last statement of the brain behind this new project to carry on the Satoshi version you said you even encouraged Forks to take the project seriously.

What I know is that Satoshi can never get involved with any shitcoins project when he already has a successful project like bitcoin

Most people buy Bitcoin because they want to make money from it.

BRICS is just like another fiat, the value is relatively stable.

BRICS is nothing different to mobile banking or digital fiat, mobile banking exist before Bitcoin, now I don't see mobile banking or digital fiat threat Bitcoin because people use them for different purpose.

Yes, I agree with you on the fat that both will exist both on different state and with different values and purpose just like the USDT (being as stable coin) and BTC now, one can make profit or lose in little time with BTC but not in USDT but if you have money that you may not be using for donkey years you can simply use it to purchase BTC and you will have 90%  or more chances of making high gain than buying USDT...

  Seeing how Bitcoin is taking over some of the world investments lately ,I was wondering if some days bitcoin will eventually become the the biggest and the best investment in the world even above real estate and the key investment in the world.
 So what is your opinion about Bitcoin being the biggest and best investment in the world?

That's very true and correct 💯 for those who started it earlier, whose ROI is now in hundreds of thousands and still counting than those who are just beginning to venture seeing the whooping amount envolved in just to purchase some fraction of BTC say 0.2 considering volatility risk inherent in crypto.

That article is a bit misleading to me; firstly, there was no bitcoin reserve that was sold out, and no profit was lost.

Saxony is a city in Germany that sold confiscated Bitcoin and not the Bitcoin they bought and reserved, as the article presumes.

Berlin, the capital of Germany is the one that have proposed to buy bitcoin, which is what I will consider to be a reserve and not the first seized and sold-out bitcoin. Unless their is something that I’m missing..

 It’s good news, and more of such will still be coming out, if not every month.

Yes, they only had less in profit as they sold it out earlier rather than lost since it cost them nothing except time in holding it, Moreover, German's idea is a welcome development and I also believe now that it will trigger many other giant countries to follow suit in little time.

Nah, a landscape architect would charge 3x what a gardener would and then pay the gardener 1/4 of that.

But if I was Satoshi the 1st thing I would do is make sure the scammer hardworkinfamilyman is removed from all crypto things so he cannot scam anyone.

Remember everyone hardworkinfamilyman  = scammer

And don't forget everyone to leave hardworkinfamilyman https://bitcointalk.org/index.php?action=trust;u=1102157 some negative trust and to support the flag against him.

-Dave

Well said but getting the knowledge skills of the above mentioned enconcated into AI and allowing robotics that could work tirelessly 247 and render rewards to upgrading machines or expertise.

This might be an ill-informed question, but I came across this recently and was wondering how we feel about BTC upgrades/improvements?

It feels like BTC is now chasing fiat gains over building a global p2p economy, hoping that lightning network or some other L2 solves the scaling problems for non-custodial transactions.

https://blog.plan99.net/the-resolution-of-the-bitcoin-experiment-dabb30201f7

Recently I had to explain to a friend what I was focusing in on financially speaking and I brought up crypto, specifically bitcoin. He was confused at first because he heard that it was unstable and risky. I knew that he already has a bad image of bitcoin so there was an urge to defend bitcoin but in the end I did not.

Because it was true. Crypto is volatile and even though Bitcoin has proved itself to continue to rise even after each dip, its price is still unstable. I realized that this does not necessarily have to be a bad thing especially if you are knowledgeable enough to minimize these risks. It was easy to get defensive but, in the end, I just explained to that friend that that is why it requires much attention and studying.

Do not lie to people about what crypto is just so they would not think of it as something not worthwhile. Rather explain eagerly. I did this so that my friend would not worry about my financial state and if he ends up becoming interested in bitcoin then I would be glad to continue teaching him.

It can't be entirely lost. The possibility will always be there. That 51% of the network's hashing power is controlled by a single mining entity or group is a possibility that doesn't completely go away.

But the odds or probability of it happening may change. The cost of attacking the network grows over time. Mining isn't cheap. Getting more than half of the network's hash rate is extremely costly. The mining environment is highly competitive. As a matter of fact, just a couple of days ago, the network's difficulty has once again registered another ATH.

Further, vis-à-vis the high cost of the attack is a poor return. It simply isn't cost-beneficial. If it's used supporting the network though, there is a nice profit.

I only see one reason why Bitcoin became unstoppable, and that is because of its "decentralized" nature. Because of these features, no country can control Bitcoin according to the regulations they have. This is what strengthens, shows, or draws attention to increase the number of investors who buy Bitcoin.

I can't see any other reason why it is strong and unshakable, which is why it has been imitated by other cryptocurrencies that are also decentralized.

Just a little observation, you can change the word "was" to "is" using a past tense in this context signifies that it has been once unstoppable in the past and not anymore as at present, don't mind my little correction, it's just from the way I've observed it to be, bitcoin remained the same from the past, present and future.

I read the article and it clearly mentioned that Mavrodi died not because of the hypertension from loss of investor's money. As he is a fraudster and started Ponzi pyramid schemes and as far as I have seen pyramid schemes never have a happy ending. The first one always makes a profit and the last ones always lose money. This is the rule here. He died because of a simple heart attack not because of his action. At least he did not do anything good but fraud people.

Satoshi is nothing like him, his concept and project is totally different from Mavrodi and the chances of its failure like Mavrodi's were lower. Because Satoshi's project was not scamming anyone. The decentralized and anonymous nature of BTC has motivated people (investors) to buy BTC resulting in high demand and an increase in price and till now BTC as the first cryptocurrency has started a market that has a M.cap of $2.12T dollars.

I'm not an expert, but I'll try to say what I understand about this scenario (whether it's true or not).

How much is the amount that you put into your friend's account? I mean you know that you are transferring a huge amount of money. Why didn't you ask the limits of his bank including the amount of money that he can receive on a daily/monthly/yearly basis? That's being irresponsible on your part. Take note that you're transferring a huge amount of money (huge enough to make an account freeze), so at least put the limits into consideration.

Well, that's the power of decentralization. Nobody can freeze your account (in this case, wallet) even you transfer billions of Bitcoins. The thing about these banks is, they can just freeze your account anytime they wanted to as long as they have seen suspicious transactions on your account. They might saw your transaction as somewhat "suspicious" because of the fact that it's a huge one hence, they froze your friend's account.

At the end of the day, there are still things that only Bitcoin can do but at the same time, there are also things that only the current fiat system can do.

I thought I'd write about the last four years, an eventful time for Bitcoin and me.

For those who don't know me, I'm Hal Finney. I got my start in crypto working on an early version of PGP, working closely with Phil Zimmermann. When Phil decided to start PGP Corporation, I was one of the first hires. I would work on PGP until my retirement. At the same time, I got involved with the Cypherpunks. I ran the first cryptographically based anonymous remailer, among other activities.

Fast forward to late 2008 and the announcement of Bitcoin. I've noticed that cryptographic graybeards (I was in my mid 50's) tend to get cynical. I was more idealistic; I have always loved crypto, the mystery and the paradox of it.

When Satoshi announced Bitcoin on the cryptography mailing list, he got a skeptical reception at best. Cryptographers have seen too many grand schemes by clueless noobs. They tend to have a knee jerk reaction.

I was more positive. I had long been interested in cryptographic payment schemes. Plus I was lucky enough to meet and extensively correspond with both Wei Dai and Nick Szabo, generally acknowledged to have created ideas that would be realized with Bitcoin. I had made an attempt to create my own proof of work based currency, called RPOW. So I found Bitcoin facinating.

When Satoshi announced the first release of the software, I grabbed it right away. I think I was the first person besides Satoshi to run bitcoin. I mined block 70-something, and I was the recipient of the first bitcoin transaction, when Satoshi sent ten coins to me as a test. I carried on an email conversation with Satoshi over the next few days, mostly me reporting bugs and him fixing them.

Today, Satoshi's true identity has become a mystery. But at the time, I thought I was dealing with a young man of Japanese ancestry who was very smart and sincere. I've had the good fortune to know many brilliant people over the course of my life, so I recognize the signs.

After a few days, bitcoin was running pretty stably, so I left it running. Those were the days when difficulty was 1, and you could find blocks with a CPU, not even a GPU. I mined several blocks over the next days. But I turned it off because it made my computer run hot, and the fan noise bothered me. In retrospect, I wish I had kept it up longer, but on the other hand I was extraordinarily lucky to be there at the beginning. It's one of those glass half full half empty things.

The next I heard of Bitcoin was late 2010, when I was surprised to find that it was not only still going, bitcoins actually had monetary value. I dusted off my old wallet, and was relieved to discover that my bitcoins were still there. As the price climbed up to real money, I transferred the coins into an offline wallet, where hopefully they'll be worth something to my heirs.

Speaking of heirs, I got a surprise in 2009, when I was suddenly diagnosed with a fatal disease. I was in the best shape of my life at the start of that year, I'd lost a lot of weight and taken up distance running. I'd run several half marathons, and I was starting to train for a full marathon. I worked my way up to 20+ mile runs, and I thought I was all set. That's when everything went wrong.

My body began to fail. I slurred my speech, lost strength in my hands, and my legs were slow to recover. In August, 2009, I was given the diagnosis of ALS, also called Lou Gehrig's disease, after the famous baseball player who got it.

ALS is a disease that kills moter neurons, which carry signals from the brain to the muscles. It causes first weakness, then gradually increasing paralysis. It is usually fatal in 2 to 5 years. My symptoms were mild at first and I continued to work, but fatigue and voice problems forced me to retire in early 2011. Since then the disease has continued its inexorable progression.

Today, I am essentially paralyzed. I am fed through a tube, and my breathing is assisted through another tube. I operate the computer using a commercial eyetracker system. It also has a speech synthesizer, so this is my voice now. I spend all day in my power wheelchair. I worked up an interface using an arduino so that I can adjust my wheelchair's position using my eyes.

It has been an adjustment, but my life is not too bad. I can still read, listen to music, and watch TV and movies. I recently discovered that I can even write code. It's very slow, probably 50 times slower than I was before. But I still love programming and it gives me goals. Currently I'm working on something Mike Hearn suggested, using the security features of modern processors, designed to support "Trusted Computing", to harden Bitcoin wallets. It's almost ready to release. I just have to do the documentation.

And of course the price gyrations of bitcoins are entertaining to me. I have skin in the game. But I came by my bitcoins through luck, with little credit to me. I lived through the crash of 2011. So I've seen it before. Easy come, easy go.

That's my story. I'm pretty lucky overall. Even with the ALS, my life is very satisfying. But my life expectancy is limited. Those discussions about inheriting your bitcoins are of more than academic interest. My bitcoins are stored in our safe deposit box, and my son and daughter are tech savvy. I think they're safe enough. I'm comfortable with my legacy.
[edited slightly]

If you’ve never been in a situation where you have your money held hostage by banks or governments, you might not appreciate what Bitcoin has to offer. If you haven’t lived long enough to watch inflation change people’s quality of life, you might not appreciate what Bitcoin has to offer. If you’ve never had to send funds quickly to another country, you might not appreciate what Bitcoin has to offer. I’m guessing the author has lived a life void of real world experiences.

It appears that after having Larry Fink as the new mayor of bitcoin we might have a president of America that will be supporting bitcoin if Trump gets the victory on November hehehe. This is certainly shocking and very unexpected. I did not know bitcoin and the cryptospace would bring him much votes because why is he doing this if this is not a trick for bitcoiners to vote him?

https://i.ibb.co/jRKgWry/E0-EB87-E5-F574-4068-A0-E3-A644-D3-F0-C1-DC.jpg

Former United States President Donald Trump and the leading Republican candidate for November’s election appears to be warming toward Bitcoin  BTC +1.25% , having been critical of cryptocurrencies in the past.

In January, Trump said he'll “never allow” central bank digital currency issuance in the U.S. if elected. “Such a currency would give the federal government, our federal government, absolute control over your money… They could take your money and you wouldn’t even know it was gone,” he warned at the time.

In a recent town hall on Fox News, alongside South Carolina Senator Tim Scott, Trump was asked if the next logical step was for him to embrace Bitcoin, given that it’s decentralized, the government can't get its hands on it and all the young people who are particularly interested in it, host Laura Ingraham suggested.

“I always liked one currency. I call it a currency. I like the dollar, but a lot of people are doing it [Bitcoin] and frankly, it's taken on a life of its own,” Trump replied. “You probably have to do some regulation, as you know, but many people are embracing it. And more and more, I'm seeing people wanting to pay Bitcoin, and you're seeing something that's interesting, so I can live with it one way or the other.”

Read in full https://www.theblock.co/post/278786/donald-trump-bitcoin-embracing

Bitcoin Mining now being legalized in Russia https://watcher.guru/news/brics-russia-officially-legalizes-bitcoin-and-crypto-mining and this have  been signed into law already, I see it as a new development over BRICS in taking more considerations towards bitcoin by giving due recognition on it's mining, though China remains as it was.

Cryptocurrency mining is allowed to take effect for any industry or miner who are ready to go by the stipulated amount of energy consumption rate for the mining purpose in the country, we can also recall that recently, Russia approved the acceptance of crypto as a means of payment through international transactions.

Bitcoin is gaining more wins each day on every side, The world is now realizing more on how they needed bitcoin, especially by people and region it had been wrongly talked about, the BRICS is the main target now.

Am not sure if this has been discussed already, but I've checked on the bitcoin discussion board and see nothing related to the news updates on it.

Buying gold is very  easy. But the problem is when it comes to selling. The process of selling gold appears to be much more complicated.
You have to find a buyer...then you have to find a buyer that will give you a good price for it. Good luck with that.

Then you have to deal with the logistics of physically delivering the gold to the buyer, how to receive payment, etc.

You and the buyer have to meet to make the exchange, which can present security issues.
But if the buyer isn't near you then you have to deliver the gold by mail or shipping service.
But does the buyer pay you first? Or do you send the gold to the buyer first? The risk of getting scammed is very high for both buyer and seller.

The risk for the buyer is how does he know he is getting real gold and not fake or diluted gold?

In the US the fastest and simplest method of selling gold is to go into your local pawn shop but who will give you less than half of what its worth and you end up losing a lot of money.

By comparison, bitcoin is extremely quick and easy to sell with a few keyboard clicks on your computer or phone app.

Honestly, you got me confused now.  Either I do not get it just like OP did not or we confused each other.

Is OP not partially correct?  It was much less costly to provoke a 51 percent attack on Bitcoin back when Bitcoin was so much cheaper.  Though the Price does not have a direct relationship to how successful or possible an attack is, I think it is much less likely to provoke one as long as the Price of Bitcoin is up and bound to increase.  Because implicitly, it means a lot more interest is gained and I do not think we have ever had a Bull Run with out having a significant increase of the Hash Rate at the same time.

It is curious even.  The higher the demand, the less possible it is to attack Bitcoin.  And similarly, the higher the demand, the more likely it is for bad actors to want and try to find ways to attack it.  So as it is always said, Bitcoin truly is becoming more and more Secure the more Full Nodes, Miners and Users we have.  I always found this fascinating to say the least.