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Showing 20 of 712 results by jc01480
From August 1, the law will come into force, but CBDC won't work everywhere and it is not yet clear how this will work in practice.
I do not understand the idea of CBDC. The country does not want bitcoin to be legalized but since they see the people's interest in crypto coins, they decide to launch their own CBDCs. The government control CBDC with no control over the supply is a no threat to bitcoin.
Also when all the countries do not have their CBDC, how will they operate within the countries? One contury want to trade in fiat while other in CBDC
Or will the people be allowed to buy bitcoin through CBDC ?I don't see this model working well as of the developments till now
The government doesn't want private individuals (corporations) to control a cryptocurrency as it could undermine the national currency control schemes (e.g., avoid sanctions, controls, and legal obligations). As long as the government controls it, it can impose a much broader swath of restrictions, albeit digitally. For example, they don't have to issue sanctions. They can quietly prohibit cryptocurrency exchange by any party that is deemed whatever. Dissidents, thieves, political figures, you name it. They control the entirety of the pocketbook. Credit and debit cards are a highly loose form of this digital control. With CBDC, they can do it instantaneously. You can only spend on what they say you can spend with whoever they say. Don't want anyone buying guns? Ban the exchange addresses of all gun dealers. No legislation or negotiation is needed. This is an autocrat or dictator's dream.
Doesnt DUckDuckGo run on the Tor network? If you do a packet capture and check the IPs you should see them as tor nodes. Also all traffic is encrypted I believe. I like it for searching specific things like hacker stuff. Im a researcher.
Most of them are Jews-owned, or leftist-owned, and so are just pure propaganda. Some nice medias are not controlled. They're all from far-right.
What? Media's from far right aren't controlled? Are you being sarcastic? Anyway, I believe no big major media house is independent in today's time. They're all backed by big corporations hence have to take care of their interests
I know that people here really want to continue saying that Crypto is going to be the thing that is able to take governments, politics, big banks, and so on and so forth down. But you really have to think about what you're saying, you're saying that our VERY SMALL tech is going to be able to overthrow trillions upon trillions of dollars of industry which has been created over hundreds and hundreds of years.
If we are ever something which is going to pose a danger to a politician, bank, lobbyist, etc etc. Then we're going to be crushed with regulation, bans, and so on and so forth.
The banks won't allow their grip to be lost, you have to understand that.
If we are ever something which is going to pose a danger to a politician, bank, lobbyist, etc etc. Then we're going to be crushed with regulation, bans, and so on and so forth.
The banks won't allow their grip to be lost, you have to understand that.
I second your opinion as weve already seen government action against crypto currencies. Eventually it will be like driving down the road with 10k in cash. The mere possession of that much money is indicative of money laundering and can be seized at will in the US. Not a crime, either. Its mere civil forfeiture. The burden is on you to get it back. If it was 10,000 Bitcoin, youd likely experience the same process. Only an uninformed officer would likely lose all your private keys. (Murphys Law).
Saw this today and wondered if the rebound could be linked to the dumping of at least half of US Treasuries bonds by Russia. Hints are this will soon coincide with a massive dump by China in the next few days. Seems like China-Russia is allied against the US economically and maybe people are pulling their money out.
https://www.zerohedge.com/news/2018-07-17/russia-liquidates-its-us-treasury-holdings
https://www.zerohedge.com/news/2018-07-17/russia-liquidates-its-us-treasury-holdings
China's influence on the price of bitcoin is still very large
Hell, they could probably pick a currency and take it over with a 51% attack if they wanted (and concerted their efforts).
Re: why do you think satoshi nakamoto kept his identity as a secret?
why do you think satoshi nakamoto kept his identity as a secret?
For the same reason I keep my identity a secret, I suppose.
Oh, we know who you are, buddy! (j/k)
Bitcoin ends central control. Every flavor of crypto currency equates to the current market value of some countrys fiat. The idea of crypto is changing the world, one in which government is no longer the dominant player.
I don't know why people say bitcoin is gambling. Its not gambling. You are investing your money and time. You use your internet. So its not gambling dealing with it.
So many governments are looking at ways to get a piece of the action. Categorizing as gambling is just one. Others see it as investing. Cities all over the US and beyond are trying to figure out how they can tax online sales originating in their jurisdiction. You think crypto is cool? You should see some of the suggestions proffered to control crypto (and their profits). Your local municipality is in a long line of government organizations trying to reinvigorate their budgets out of desperation.
Wex is not going to cooperate with any US-based customers at all. End of story. Yes, that sucks. Remember, the FBI is still investigating. I personally suspect that this is the beginning of a concerted effort to freeze out any Americans from crypto currency in retaliation. But I cannot justify this statement.
Re: [2017-09-03] Russia Opens First Criminal Case Involving Bitcoin
This is really interesting in light of the US crackdown of Russian state-sponsored crypto currency exchanges like btc-e. That was purely a poke in the eye of the bear. The chaos the US hoped would ensue in the Russian underworld of organized crime is clearly coming to fruition.