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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 2738. (Read 26714050 times)

legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2772
Merit: 2846
There might be a bit of a fight over FTX's assets.

https://www.coindesk.com/policy/2022/11/18/bahamas-securities-regulator-says-it-ordered-ftx-crypto-transferred-to-government-wallets/

Quote
The Securities Commission of the Bahamas announced Thursday that it ordered the contents of FTX's crypto wallets to be transferred to government-controlled wallets on the previous Saturday.

Quote
The release may also be hinting towards a jurisdictional fight between the U.S. and the Bahamas, where FTX was headquartered.
legendary
Activity: 2674
Merit: 2373
1RichyTrEwPYjZSeAYxeiFBNnKC9UjC5k

Maybe they should have called it a "key pen" or "personal signer", but definitely not a "wallet".

Yes. I said this many years ago. In many ways, a Bitcoin Wallet is actually more akin to a credit/debit card than a wallet.
legendary
Activity: 2772
Merit: 2846
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 3808
Merit: 7912
hero member
Activity: 938
Merit: 1891
bitcoin retard
Your Keys can be hacked as well as Exchanges if you are a Target. Even Easyer TBH

Nonsense. How exactly can anyone hack your keys if you created them offline and they've never exposed them to the internet?

Do you understand how dual-key cryptography works?
_____

Also, take your meds kid.

gaawd... why are you asking him questions...?   do you want us to suffer even more ??



legendary
Activity: 1526
Merit: 2617
Far, Far, Far Right Thug
legendary
Activity: 4242
Merit: 5039
You're never too old to think young.
Your Keys can be hacked as well as Exchanges if you are a Target. Even Easyer TBH

Nonsense. How exactly can anyone hack your keys if you created them offline and they've never exposed them to the internet?

Do you understand how dual-key cryptography works?
_____

Also, take your meds kid.
full member
Activity: 1400
Merit: 133
They made me this way..
https://youtube.com/shorts/YvVSC_ZBbjY?feature=share


this is what you give a fuck about and you wil unignore cause you are a tool and nothing else. I hope you invest more money into Dekaron DIL Just so we can make fun of you in the future
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 875
Merit: 1362
My heart dropped when, after a few glasses of wine, I saw that I had a few too many pages of WO to catchup on before bed time.

But many thanks to one poster for making my task a little easier. Thanks for letting me have an earlier night. Sleep well sweetheart xxx



I shall be dreaming of helicopters.
legendary
Activity: 4354
Merit: 9201
'The right to privacy matters'
well do we top 17k or what?
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
full member
Activity: 1400
Merit: 133
They made me this way..
https://www.youtube.com/watch?v=JAwMGIxeVbo


 Joe Rogan Reacts to CRAZY Viking War Chant






we are ROWING


ffs sadly i cant send myself 14 merits Cheesy
legendary
Activity: 1869
Merit: 5781
Neighborhood Shenanigans Dispenser
full member
Activity: 1400
Merit: 133
They made me this way..
legendary
Activity: 2380
Merit: 1823
1CBuddyxy4FerT3hzMmi1Jz48ESzRw1ZzZ
legendary
Activity: 2294
Merit: 1182
Now the money is free, and so the people will be
Isn't Hal frozen?  so there's a chance...
legendary
Activity: 3962
Merit: 11519
Self-Custody is a right. Say no to"Non-custodial"
..... proof of reserves is a good idea in theory, but is also gameable, and frankly therefore useless.  Particularly since no one has ever mentioned "Proof of Liabilities" which would also be needed for that to work in the first place.

All kinds of people are saying that there is a need for both proof of reserves and proof of liabilities.

Sure, there are ways that people, exchanges and third party custodians could game these kinds of attempts at transparency - yet it seems way better to take some actions and to promote some standards rather than just throwing up our hands and suggesting that "they are going to game it anyway."

Let's say that there is a standard that is established for proof of reserves and some exchanges/third party custodians follow it and others do not, which services are you going to use?

What if some exchanges/third party custodians show their "major liabilities" and others do not show shit?  Which ones are you going to use?

Sure, these are not sure-fire ways to secure your coins, and we surely knkow that the best ways to secure your coins are to hold them yourself, but what if you hold most of your keys yourself, and some services allow you to freely move your coins from your cold wallets and onto their platform and then back to your cold wallets, and other exchanges put all kinds of obstacles and play games in regards to shotgun KYC and other seeming phony-baloney requirements, then which services are you going to use?  Do you think that there are going to be businesses that are going to want to provide services to bitcoiners and to make money by providing those services and to attract bitcoiners to want to use their services because the bitcoiners consider the services to be valuable?  Or do you think that we should throw up our hands and presume that everyone wants to steal your bitcoin so we should all lock ourselves in a cabin in the mountains and refuse to spend our little preciouses?

Anyway... the recent events are making me reevaluate my stance on "Bitcoin Banks"... and i (we) have a long way to go. 

I wish we could ask Hal to expand on what he foretold back in the day... ah well.

Hal's dead and he is not coming back.  We need to figure this shit out for ourselves, and I believe that if we crowd source, we should be able to come up with ideas that are just as good, if not better than Hal's ideas from 2010.. In other words, fuck Hal (no irreverence intended).. and since I am at it.. fuck satoshi, too..(no irreverence intended there either...).   Part of the point is that "we" should be able to figure this shit out for our lil selfies, and if we cannot figure it out, then our successors will.. kids, grandkids, generations to follow, etc etc.. bitcoin seems to be like a living organism in that regard.. in terms of the interactions that we "royal that is not" choose to have with our lil precious within what people want to build around it and what services will be built on top of it, used or not used.
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