The problem with freezing funds is that some people are prone to not giving KYC or similar stuff, privacy reasons and so on. hitbtc is a exchange that doesn't require KYC up front, but if you're withdrawing large amounts of money you're likely to be asked for KYC, and you can't withdraw until you fulfil it. A good way to not get frozen funds is to fill KYC and just follow whatever support responds, people ignore support responses sometimes lol.

Oh and you don't know the half of it, 4% of the price increase of btc during July was fictional, as it was due to USD losing value compared to everything else, which in turn made it also lose value against BTC. I think there needs to be a better standarized FIAT to compare against.

I always found it funny how they were trying to frame it as a bitcoin hack, when it absolutely wasn't. But I guess twitter needs to "step up" and defend their own when they screw up this big and btc was a good fall guy. Though anyone with any semblance of understanding of bitcoin could see through their bullshit.

Guess it's worth because there's still lots of cryptoheads that use twitter as a main source of news in the space. Oh well

It's a lie that bitcoin hasn't changed in the minds of people, I've seen a general change and people see it as a opportunity more nad more, what there is a lot of is that people don't know how it works, and it lends them to be scammed very easily! We as bitcoin heads need to help inform our friends and family on the most common scams at least

Yeah, practical experience extends far beyond what any diploma will do, specially on a emerging industry like blockchain. I think programmers have an easier time, there's a BIG need for programmers in solidity in the space. Check projects based on ETH, RSK and maybe even EOS

I'm certain is due to this, any hard coded security risk needs to go, and this could become a very big problem early on, maybe there are better technologies now, but I think it's better we didn't risk it until new technologies were available.

I wonder why the unprompted mention to this, maybe a deleted message above? I don't know. They do seem to have some agreements with EOS and EOS based tokens that they give them a very low price in comparison, maybe worth exploring as a project manager

Either way, for OP. Wherever you decide to list your token on, always aim at a balance betwee decentralized and centralized platforms, don't list only on centralized platforms because not everyone likes them, and don't only list on decentralized platforms because your volume will be crap.

Good luck OP on your endeavors

Of course it isn't, imagine that a person gets taxed that much for purchasing or selling gold or similar assets, it's governments being governmental that they need a cut of everyone's pie and part of the reason why bitcoin was born in the first place.

Yeah, keep in mind there are multiple kinds of wallets you can create. There are Exchange wallets, hard wallets and soft wallets.

Exchange wallets as you saw ask all kinds of questions about who you are, this is because in order to operate in any given country they need to comply with said country's legal framework.
Upsides: you get to trade against your FIAT of choice
Downsides: no access to private keys, the coins you hold here are not "truly" yours, and they can always just run with your money.

Hardware wallets are things like Trezor which are devices that hold the private keys of your wallets for you, they're easy to conceal and keep safe (like, in a safe) and all information within is encrypted with your password so it's hard to break into them without your passwords.
Upsides: increased security, you can always recover your wallet if you enter y our private key on any other wallet provider.
Downsides: you can't really trade against fiat unless you know someone who is selling, that you trust, that you can send your coins to.

Software wallets can be broken in two: full nodes and client wallets, full nodes are unpractical at best, recommended for people who run mining operations or large amounts of any given currency because they need to be connected to the internet and up to date before you're able to send your money away from them.
Upsides: increased security, shares the above one upsides, but has more potential ways to secure your funds.
Downsides: requires a more expensive set up, also same as above.

Now client wallets are things like Electrum or Jaxxx or others wallet providers that connect to a given node to get the blockchain information, these can be encrypted like the previous two but is not necessary.
Upsides: increased security compared to exchanges as you can export your private keys or mnemonic phrases to back up in case you lose your device.
Downsides: same as trezor hardware wallets, can't really sell to FIAT unless you know and trust someone who accept payments in crypto directly.

This is very generalized information, I personally make use of the 1st and 4th wallet above (exchange and client wallet), whenever my exchange wallet gets too fat (anywhere north of $1.5k) I transfer over to my client wallet, unless I'm actively trading I never keep more than that amount on any exchange at a time.

Hope this all helps!

Can you provide the blue only? I'd like to use it on my twitter if possible!

1) Decentralization is always a good thing, I think that if a government embraces bitcoin or decentralized technologies (say, for example, for paying utility bills and the like), then it'll make it harder for themselves to steal from their constituents, so it's going to be a bit of a hard sell at first.
2) Businesses don't need to decentralize themselves, but can make use of decentralized infrastructures, say DeFi solutions for payment processing and stuff like that, it's definitely a net positive as a business owner.
3) this is heavily discussed in this platform, currently there are too many benefits to individuals, I can't even begin to fathom what the future holds for us.
4) It'll bring accountability forward, making their books transparent will increase the trust of the people on them and their accountability to the people will be easier to check. No random lobbying that can't be traced.

Isn't that one of the biggest gripes with crypto? That only time can tell many of the benefits touted over and over online? Not being critical of it, I agree though that the fact that current bitcoin price mirroring the stock market is mimicking people's sentiment rather than the US stock rate.

The best site to get info on atms in your area, definitely handy if you're abroad and in a pinch for cash.

May be important to note that many ATMs currently request for some sort of KYC. Haven't used one since the quarantine started though

This is, in my opinion, one of the biggest hurdles crypto is currently facing, look at how many altcoins have popped up that offer "special services" that end up being total scams, and people outside looking in might see these as the norm. Many scammers are artists of their craft and can dupe people very easily, all is to say, if a government takes action against these people specifically, then I'm all good for these measures to be taken.

I mean, yes, but not really. As soon as you transfer your funds from a recurrent wallet to a exchange they can link your address to your name and address, and if, say, the police ever asks for information about you they might have, you're done. Here's where bitcoin mixing services come into play, there's a nice niche for these, but they are also not very reliable.

Privacy is but a myth otherwise.

I've seen it a little too many times... I keep telling my friends to always contact me before making bitcoin investments with 3rd parties, because many times these people are looking to rip them off and do not let them know the risks, it's a bit of a reality check that I think it's important to keep present specially for novice members in the area.

True, another important factor to consider right now is the pandemic itself, will the pandemic translate in a net gain or net loss to the cryptocurrency sector? Is actually a bit hard to tell. I've actually been seeing more and more that the current pandemic has brought changes in regulations for crypto, not all positive, but also not all negative, so it's really hard to gauge the many factors at play.

This article talks a bit more about the regulations that have changed thanks to covid, in case you're interested: https://dailyhodl.com/2020/04/25/bitcoin-as-a-legal-financial-instrument-and-tender-how-covid-19-is-changing-crypto-regulations-worldwide/

Either way, only time will tell for sure. We can only speculate for the time being.

The US has to follow suit. There's much to hate about my govmnt (Argentina), but they have progressively made more and more efforts to include decentralized solutions (David19 comes to mind, as well as a Koibanx led effort with the argentinian central bank), all of this is to say, admiting is not enough, acceptig that decentralized efforts is the future and looking for ways to implement it, that's what needs to happen in more places!

The idea of a truly decentralized world is not just replacing fiat with a blockchain based currency and call it a day. The idea is, for example, within governments, that things like bills and so on are transparent thanks to blockchain solutions, things like government's bonuses and payouts CAN'T be laundered out of the way or hidden because the blockchain is public and anyone can follow where the money goes. Which would lead to less corruption.

That's point #1, and #2 would be, some big corporations THRIVE on govmnt corruption (see AT&T for example), if the scheme of payments, money or w.e would be changed to a decentralized one, I'm sure as hell AT&T would have to reform their way of doing business. Other businesses as you say like Nvidia, AMD, Samsung, etc, they cover specific markets and are COMPETITIVE at it, at least to an extent, they don't depend on monopolizing via corruption which is what the blockchain can and WILL solve.

It's not just as simple as replacing fiat, it's really a change in the way that public processes can be made accountable.

But wouldn't, then, this mean that bitcoin's price in said FIATs will increase in comparison, the purchasing power might stay the same but it would go up because bitcoin is not dependent on a single FIAT currency, am I reading that right?