I don't think he has trouble finding ways to earn money.
I mean one tweet from him can instantly generate a 2B$ revenue. I mean he can even now retweet "oh sorry finally we think we will continue using Bitcoin" and here are another 2B$ or more...
Plus I don't think he needs more money.
That's why I think his action is broader than just winning money, he is mandated by the government to :
- destroy bitcoin and cryptocurrencies
- mislead people by publishing false information and giving false advice, to end up hating cryptos or loving a coin more than another

Among the drama that's happening around Elon Musk and Bitcoin, I genuinely think that Elon *may* have been mandated by the government to destroy Bitcoin (and optionally pump other memecoins to keep people out of the true innovation that is blockchain).


Praising a memecoin once, even twice, is funny for sure.
But reversing realities and pushing people to massively put their money on a memecoin is just dishonest.

Not to mention by his influence of the price, I'm not sure if all that he's doing is lawful... I'm not sure if he would have the same attitude if somebody inside Tesla reveals that electric cars are just hype for now and the beauty of the electric cars picture doesn't hide the true problem of energy and battery production.

Well, I mean he's already a NASA contractor typically a pure defense thing, he cannot be anything other than a government mandated person. The game he's playing is very dangerous and I don't think he's stupid enough to do this his own without any backing.

And please tell where was he before these 2 last years ? Bitcoin long lived before and still decades and more to go.

Now, I admit that I have never been a fan of Elon Musk. I truly believe he's just a scam surfing on digital marketing.
It's not by selling a 400.000 cars that a company has a market cap of 568B$ company, compared to giants such as Ford, Toyota, Volkswagen. Maybe this is exactly why (he says) he loves dogecoin. Tesla is a memecompany exactly as Doge is a memecoin.
And forget about SpaceX this would never existed without NASA's money. This is a government (backed) project, not really his project.

To finish, I trust Elon Musk is just an enemy of cryptocurrency, no matter what he says.

I think Sylvain should be a first name of someone who is already in Europe/US/Canada
Also appending MCC on your pseudonym like Merchant Category Code immediately leads to a surely banking fraud.

Why not directly selling your fraud method/idea for 20€ ? that would be more sincere and you win merit 

I'm trying to consolidate my wallet since two months now without much success so far. I know this is due to busy network, stacked dust received payments and all this on top of a legacy address.
But yeah I'm patient and will consolidate it.

But this doesn't answer my questiin that I thought is simple : can I buy a bottle of milk today with BTC ? The answer is simply no unless overpaying it.

By a central bank I mean authority of printing money, ie issuing banknotes.
But yeah miners are central bank for Bitcoin, if we consider BTC as a currency. which is what I'm questioning in fact. Today I can't buy a bottle of milk with BTC because fees will be worth 4 bottles of milk. (I can do but it's totally a waste)


But this vision is a Forex trading one. I'm doing a projection where cryptocurrencies completely replace fiat.
In a pure cryptocurrency world, I think there's bitcoin as a universal reference, and there're currencies which are backed by bitcoin.

And as long as it's solidly backed by Bitcoin (no overissue, no BTC escape), that coin will always have value.

Of course it's spendable as you are describing.
But I'm talking about the minimum amount spent without paying as much as fees. I don't think spending 10$ + paying 10$ in fees on it is a good spending manner.




The community can always verify that the backing address always contain the correct BTC amount.
I agree this is so ugly, I'm not even sure if it's a good way to tackle the fees limitation (let's be OK that 2000 sat of fees is not sustainable at all as BTC grows).

Also the issue you are pointing is exactly the same when some central banks go rogue or overprint their fiat currency or go bankrupt. The same applies for BTC-backed currencies, since the logic I'm aiming is the same as for central banks.

Each coin should comply with the BTC-backing requirements so I doesn't simply sink.

Bitcoin is smashing ceiling after ceiling and becomes the new gold and here is why :
- the rush for buying and HODL has all of the classical gold rush
- Many friends of mine think today Bitcoin is just untouchable/unreachable (even a small portion will be assimilated to dust and fees doesn't help in this equation)
- Bitcoin is increasingly indivisible. In fact, I think fees should never go past 10% of a transaction. That makes the smallest sendable amount should be 10 times 20000 satoshis for ~ 2000 sat fees (assuming 180 bytes by ~ 10 sat, which is very optimistic). 20 000 sat will be big money at some point, according to BTC price chart.
- Gold is universal and shitcoins will never replace Bitcoin as long as they are not a verifiable descendant of Bitcoin.

My question : is Bitcoin spendable in the first place ? Is it designed for and only for HODL, to provide a proof of wealth/stake ?

The second : I always heard the "be your own bank" among crypto features. Will the next step is to be your own CENTRAL bank ?

By this, should there be a feeless coin where every person holding some BTC (say 0.01) can issue its coin which should have a total market cap equivalent to his holding in BTC ?
As soon as all the coins are accumulated by one person, this one can take over the private keys of the wallet holding the on chain BTC. This way every person will also be his own central bank and issues his own currency and thus, extending the "be your own bank" story to the central bank definition too.

I think the story of humanity with money is like this : first we value gold, then we issue money according to this gold.
(I prefer not to mention the third step which is equivalent to the 1934 Gold Reserve Act effectively converting gold from a currency to a commodity).


Your inputs are welcome.

100% agree. If I would send today my BTC at reasonable fees, I will have to pay roughly 25% of the amount in fees. (due to accumulated dust)
Sincerely I prefer watch them stay there whatever it happens to its price than spending 25% of them in fees.

I think on-chain Bitcoin as everyday's spendings money is becoming farther and farther. Thinking about 2000 satoshis per tx where 1 BTC is 100 000$ is just unthinkable.

Now I think that everyday's crytomoney should be one of these two cases :
- A feeless crypto that's tightly bound to Bitcoin. With a verifiable method. Here Maybe, every BTC Holder will have the possibility to initiate a coin which have a total Market Cap equal to its BTC holdings. But here the problem is about interoperability.

- Offchain transactions will be become the rule. So biggest holders will begin implementing offchain cryptopayment gateway and BTC blockchain itself will become a big compensation system. Here I think about big names such as Binance or Coinbase which *may* issue the coin that is spendable in everyday's use.


But on chain Bitcoin itself, I don't think it will be used for everyday's need.
For example, no one will give a lingot d'or to the supermarket to buy milk and pasta.

I sincerely don't know what will happen next, but yes Bitcoin as is, is not suitable for spending. But it should and will be used as a universal reference for all spendings.

Waw! what a way to announce an exit scam 

Dear users, we are facing some technical problems after an upgrade of security features, that actually went bad.
We are working on it to stabilize the website so that all problems are fixed ASAP.

Thank you for your patience.

Sorry breaking visitors' PCs is not a legitimate way of monetizing.
A warning about pushing CPU work at maximum is a strict minimum.

I think everybody having an account with BitMedia received that mail. Maybe they should have taken things more carefully by sending it only to publishers actively running ads (not advertisers, inactive publishers etc.)

However, I find reminding publishers about quality requirements is somewhat a good step because the Bitcoin advertising market has become increasingly aggressive by both publishers (fraudulent traffic & clicks) and advertisers (running trash campaigns including scams, ponzis and scammy ICOs).
What makes BitMedia indeed ahead of all other Bitcoin Ad Networks, is that they have quality advertisers and so require quality publishers.

Waw ! An ad network going rogue in less that 1 month (28 aug — 25 sep)
That's an absolute record so far, a "professional" record.

I have the same problem too with my faucet. Somebody (of course and like always) from Russia is claiming 24/7.
I still don't find how he's proceeding so I can close the gap.
I don't even know if we are talking about the same user. For me, the problematic address is 1FEKdLcjycR1HaZrXrp5WSg2M5oLm3UHmU

I finished by just blocking him, but would like to discover this hole in Alphafaucet so it can be mitigated.


EDIT : Strange thing is that the address I'm talking about is claiming continuously from various popular faucet scripts/templates, not specifically AlphaFaucet.

Now our faucet is Mobile Friendly!
Check it and thank you very much for reviewing it. 
You can claim 30 satoshis every 15 minutes now from your computer, tablet and mobile!

BitcoCulture.

I think your nickname itself is a scam. Look at yourself first  

EDIT : and BitMedia is legit, mature, precise and trustworthy.

From my experience I highly disrecommend publishing adalso banners. It's more ScamAlso than AdAlso.

Login with Google ! LOL
Wow that's extremely offensive IMO.
Also it seems that you need more popup network, not just an ad banners network.. You don't have enough popups, 12154 popups are not enough, add some!

I think faucets should be for fun and for exploring this beautiful technology, but not at all for making a living.
Also I hear pretty much things about profitability for third world people. I don't think so. If somebody already landed in this forum and is reading and understanding what's said here, he would find pretty more profitable things to do around the internet than with faucets. (freelance for example)