i am trying to find out how money transfers through banks technically work (ACH, SEPA). I cannot find anything useful, there are just general descriptions but not detailed technical descriptions. what I want to find out is to what level present day money transfers between private consumers or between business and customer are automated/digitized. how do clearing houses work under the hood? how do they receive, control and process transactions? how are their databases connected or are their kept separate?
i am willing to rain merits for useful info. or even sats. is there a banker here or someone with prime knowledge about this topic?
thank you!
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 7016. (Read 26710683 times)
September 25, 2020, 07:39:47 AM
September 25, 2020, 07:00:10 AM
Actually that been said in very nice words.... I do understand... Like I have send some text to my now Ex, its better no one reads that sh*t of-course, weak looking fool me at the time... But I only do say, no one would be able to scratch one $ out of me with any content, if i'm violated then its pity, but I will sleep the same.
Actually what is even more important, is having the choice, to have privacy or not.
when smoking really good weed one could even wonder if bitcoin is an alien technology, sent to us by benevolent aliens who wanted to safe us from destroying ourselves because of an ill-designed (fiat)money system.
September 25, 2020, 06:41:42 AM
Haha, I just absolutely wouldn't be able to been spotted at such Island, just not that guy...
Dude, even if you're squeaky clean, and they don't have something to blackmail you with... they could still blackmail your boss, or your GF's boss, or your landlord, etc...
Think about it.
September 25, 2020, 06:09:38 AM
Never mind the aliens, ... yet.
The most suprising event this year is not the assassination of the Iranian top general Qasem Soleimani, BLM, wildfires ore Covid-19 but the release of U.F.O footages from 2005/2015/2017 by the U.S goverment.
Aliens smell like farts. If they land they will stink the place out.
https://www.popularmechanics.com/space/deep-space/a29932234/what-would-aliens-smell-like/
Quote
...Which led my son to one inescapable conclusion: If aliens exist, they probably smell like farts.
I don’t know enough about farts, Mars, or aliens to refute him, so I reached out to somebody who does: Clara Sousa-Silva, a molecular astrophysics postdoctoral associate at MIT.
“Your son is absolutely correct in his inference,” she told me. “Most of my work in astrobiology looks at anaerobic environments, which have a lot in common with the environments that produce farts. So, yes, aliens are reasonably likely to smell like farts.”
I don’t know enough about farts, Mars, or aliens to refute him, so I reached out to somebody who does: Clara Sousa-Silva, a molecular astrophysics postdoctoral associate at MIT.
“Your son is absolutely correct in his inference,” she told me. “Most of my work in astrobiology looks at anaerobic environments, which have a lot in common with the environments that produce farts. So, yes, aliens are reasonably likely to smell like farts.”
Now I know what Ripley was smelling...
Given the situation, I'd likely be smelling my own shit.
I have often wondered about alien life from other stars..if they have visited this solar system and this planet.
What possible reason would they have to invest significant resources traveling trillions and trillions of miles to visit a insignificant planet circling a unremarkable main sequence star on the outer edge of a galaxy basically in the middle of nowhere.
If they are still here observing for some reason and unwilling or unable to reveal their presence in full.
I think about the complexity of escaping a gravity well. The energy required just to get into orbit from Earth is immense and if the planet was just 50% larger in diameter standard physics would make that task impossible.
https://www.realclearscience.com/blog/2017/07/06/if_earth_was_50_larger_we_might_be_stuck_here.html
How fortunate we that Earth has just the right atmospheric composition and density to make fire, thus being able to smelt ores into metals. Leading us into the technological age and the ability to construct machines capable of leaving our atmosphere.
It is some 11.186 km/s to escape earths gravity and a increase up to 16.6 km/s to leave the solar system. Thats leaving from Earth of course..the farther you fall into the Sun's gravity well the more delta v needed for escape.
https://en.wikipedia.org/wiki/Escape_velocity#List_of_escape_velocities
Thats just the solar system now...if you want to travel galactic you need somewhere at the minimum of 500-600 km/s of delta v to escape Sagittarius A*'s clutches.
https://www.cambridge.org/core/journals/proceedings-of-the-international-astronomical-union/article/rave-survey-constraining-the-local-galactic-escape-speed/8CEC76CD4DDE5F795640C2FEA0936F68#
All of the technology described above possible, but only on a limited scale with the energy densities humanity now achieves.
A civilisation perhaps only a few thousand years older than our own 'recorded' ten thousand years might be capable of such feats.
Let alone one that might have existed a million years before humans rose up from the plains. A trivial amount of time in the grand scheme of things and entirely possible.
Except for a few things...where are the signs? Besides a few grainy videos and a plethora of unsubstantiated testimony..nothing so far. And astronomically speaking..zip as well..no sub relativistic transients..or relativistic ones for that matter.
Ships traveling at any significant speed between stars in normal space would be extremely obvious in stellar photography. So would the energy signature used to achieve that speed.
So it again begs the question..why? If they have the technology to completely mask their presence and travel the stars unobserved..why the hell are they here watching us?
A clown act? A comedy or perhaps more like a tragedy? Some form of zoo run amuck? One could claim shoddy custodianship if that is the case.
On the other side of that...I have thought about what it might look like if I was an alien and encountered a human for the first time. What my impressions might be.
Intelligent bipedal/binocular hominid with non-cooperative societal constructs and homicidal tendencys.
Incredibly environmentally destructive while being adaptive to change and a prolific ability to reproduce given the right conditions.
Eats and converts matter internally into energy.
Must consumes daily liters of liquid hydrogen/oxygen and most actually enjoy bathing and swimming in the stuff.
So on to what I really was thinking and wanted to talk about.
Dark matter and dark beings. How the Universe appears to be made up of less than 5% baryonic matter..the other 25% being dark matter and 70% dark energy.
Humanity manipulating and consuming a substance perhaps the majority of the Universes inhabitants can't see and interact with. Being made out of this rare matter, living in and on the edge of immense crushing burning oblate spheroids of the stuff.
If there are dark beings, how violent and strange our baryonic Universe must seem with all these strange particles and waves bashing around.
It could be that humanity is more alien than one might think and might be worthy of study.
/rando thursday thoughts
also..in closing
juansnow
fuck ftfy
i am sure it has been suggested here before and I guess you did already read it since it covers exactly that topic: interaction with alien civilization. Liu Cixin´s trilogy "Remembrance of Earth's Past" (1.The Three-Body Problem, 2.The Dark Forest, 3.Death's End) is a fantastic read. all civilizations come to the point where they become aware of the possibility of other civilizations existing and they need to figure out if this is a general threat. most come to the conclusion it is best to hide and preemptively destroy everything that could resemble an alien civilization in order to not get annihilated themselves.
it is an interesting intellectual challenge to discuss the pros and contras of trying to contact alien civilizations given the threat of annihilation.
there is no doubt in my mind that life exists not only on earth. much less abundant, but in an universe of endless size that doesn't really matter, would be not just primitive life but technical advanced civilizations. imho the problem is the size of the universe. there could be millions of civilizations way too far away for any interaction. the other problem is time. given just the 14 billion years our universe is thought of being old, it is very unlikely to have another civilization synchronized to our technical progress.
and even if there was accidentally a near civilization in space and time, why would they want contact? what is there to gain?
on the other hand there is also the chance that such contact has happened in the past and was in fact the reason for life to get started on earth in the first place or was the reason for the evolution of humans from apes.
when smoking really good weed one could even wonder if bitcoin is an alien technology, sent to us by benevolent aliens who wanted to safe us from destroying ourselves because of an ill-designed (fiat)money system.
September 25, 2020, 06:04:57 AM
OT: Amazon upping their in-home spy devices game from a "hard no" to "oh hell fucking no!" level :
https://www.yahoo.com/news/rings-tiny-drone-autonomously-fly-173100481.html
https://www.yahoo.com/news/rings-tiny-drone-autonomously-fly-173100481.html
But wait, there is more:
https://twitter.com/doctorow/status/1304450801746587648
Today in "Cyberpunk is a warning, not a suggestion" news, Amazon has released a landlord edition of its Alexa surveillance speaker that can be forced upon tenants.
September 25, 2020, 05:50:03 AM
The fight between Nada & Frank was hilarious. Just wear the fucking glasses man! Damn!
i think they promoted this fight scene as the longest fight on film thus far when the movie came out.
fun movie.
September 25, 2020, 05:30:35 AM
Another 6 months of covid restrictions announced by Boris Johnson today. It’s not a full lockdown but bars, pubs, restaurants have a curfew, they must close at 10pm. You’re not allowed to socialise in a group of more than 6. No fans allowed into sporting events (stadiums) until March at the earliest.
I’m sick of this crap now, isolate the old & vulnerable & let the rest of us get on with our lives.
Covid has a ridiculously low mortality rate, feeling annoyed.
I hope bitcoin’s potentially epic bull run next year doesn't get stunted because of a bad type of flu.
Do you guys think all of this covid back drop will be bullish or bearish for bitcoin in the short to medium term?
Thanks in advance!
Regards
Very annoyed OG HODLER.
I’m sick of this crap now, isolate the old & vulnerable & let the rest of us get on with our lives.
Covid has a ridiculously low mortality rate, feeling annoyed.
I hope bitcoin’s potentially epic bull run next year doesn't get stunted because of a bad type of flu.
Do you guys think all of this covid back drop will be bullish or bearish for bitcoin in the short to medium term?
Thanks in advance!
Regards
Very annoyed OG HODLER.
Old conservative people vote. Young left-wing people don't. So instead of imposing restrictions on the old and vulnerable, for example : "if your income is provided by the state, you're banned from getting out, the government will provide you with groceries etc.", half baked restrictions are imposed on all people, with little effect, because they're half baked, or not enforced, and too many people don't care to follow them.
September 25, 2020, 05:20:47 AM
^^^
Dude, I think you're too kind/honest to be a politician, so it's all good, no need to worry.
But... Don't forget that we all put our letters in envelopes (even innocent letters to mum), we don't send them open so that the text can be read by anyone. Privacy doesn't necessarily mean illegal activity. Some things must be kept private, and I hate it when this privacy is violated.
Dude, I think you're too kind/honest to be a politician, so it's all good, no need to worry.
But... Don't forget that we all put our letters in envelopes (even innocent letters to mum), we don't send them open so that the text can be read by anyone. Privacy doesn't necessarily mean illegal activity. Some things must be kept private, and I hate it when this privacy is violated.
Actually that been said in very nice words.... I do understand... Like I have send some text to my now Ex, its better no one reads that sh*t of-course, weak looking fool me at the time... But I only do say, no one would be able to scratch one $ out of me with any content, if i'm violated then its pity, but I will sleep the same.
September 25, 2020, 05:19:46 AM
But... Don't forget that we all put our letters in envelopes (even innocent letters to mum), we don't send them open so that the text can be read by anyone. Privacy doesn't necessarily mean illegal activity. Some things must be kept private, and I hate it when this privacy is violated.
Emphasis mine.
Something that always amazes me about cryptography in general, is that it allows us to control our privacy without sacrificing utility. I can send a digital "letter" that's encrypted, on the open net, without fear of it being compromised (assuming your keys are safe)
September 25, 2020, 05:15:54 AM
^^^
Dude, I think you're too kind/honest to be a politician, so it's all good, no need to worry.
But... Don't forget that we all put our letters in envelopes (even innocent letters to mum), we don't send them open so that the text can be read by anyone. Privacy doesn't necessarily mean illegal activity. Some things must be kept private, and I hate it when this privacy is violated.
Dude, I think you're too kind/honest to be a politician, so it's all good, no need to worry.
But... Don't forget that we all put our letters in envelopes (even innocent letters to mum), we don't send them open so that the text can be read by anyone. Privacy doesn't necessarily mean illegal activity. Some things must be kept private, and I hate it when this privacy is violated.
September 25, 2020, 05:00:27 AM
I honestly say.... Listen happily to my dailey BS and view me walking naked, couldn't be less bothered.... Pffff they will shut down themselves if they saw my episode when I got my ass dumped 
I hear ya!
The problem is elsewhere.
Today, you don't give a fuck. But what if in 20 years (for example's sake), you are someone incredibly rich and incredibly important.
They will use all that collected info - most likely against you. [highest bidder wins]
Maybe you don't know..... But you're writing with the most important man/occupant of this laptop i'm sitting behind, what are they gonna use against me.... I'm not afraid someone throwing my dick on the net
Still if i'm a normal guy, not doing the most worst things, cheating when with someone or stealing or .... Then they can use what they like, its not that i'm gonna be the next president of the US even not the King of this little Belgium 
I might or will be important for some, but still I have never been bothered with to much sh*t .......
Dude, I think you have a point, but CryptoTourist also has a point.
It's alright when we are unknown and insignificant to the public. Nobody cares if you or me did some kinky stuff in bed with our GFs. But just imagine running for some official position (I don't think I ever would, but talking generally), and those photos/videos are in the hands of your opponents, or enemies... That's how they control political leaders. They invite them to Epstein's island, and then they tell them what to do.
Haha, I just absolutely wouldn't be able to been spotted at such Island, just not that guy...
Understand both.... But i'm very confident, that i'm not going for such positions. Wait maybe there is one way.... If and only if i'm that hidden resistant leader "John Conner" style.... then i'm maybe in a leading role
I sat in a sauna at the gym, there was a school principal... naked... I asked him (16-17y old at that time)... What if accidentally a naked pic of you would circulate at your school?? He wouldn't be happy and call in the cops, same time I thought why even bother, its not that you chose for the pic to been made and you 're doing nothing wrong....
Had a date on Wednesday, tomorrow again with a school teacher... Probably they are a bit of leading people for youth, if I was in that position and a pic of me would circulate the internets Meh couldn't be bothered, i'm not doing drugs or criminal things, so whatever someone films from me is perverted from the other side
I do understand some high people have some nasty secrets the need to keep secret, but I would think its only for those things that it matters they don't see any light in public....
But for myself, i'm not a shy person or whatever....
September 25, 2020, 04:52:07 AM
https://www.marketwatch.com/story/we-need-to-act-boldly-now-if-we-are-to-avoid-economy-wide-lockdowns-to-halt-climate-change-11600879250
seems legit
Quote
LONDON (Project Syndicate)—As COVID-19 spread earlier this year, governments introduced lockdowns in order to prevent a public-health emergency from spinning out of control. In the near future, the world may need to resort to lockdowns again—this time to tackle a climate emergency.
Shifting Arctic ice, raging wildfires in western U.S. states and elsewhere, and methane leaks in the North Sea are all warning signs that we are approaching a tipping point on climate change, when protecting the future of civilization will require dramatic interventions.
Shifting Arctic ice, raging wildfires in western U.S. states and elsewhere, and methane leaks in the North Sea are all warning signs that we are approaching a tipping point on climate change, when protecting the future of civilization will require dramatic interventions.
seems legit
the next rise of facism will ride on the environmentalist wave. eco-facism. big challenge for bitcoin.
September 25, 2020, 04:47:01 AM
I honestly say.... Listen happily to my dailey BS and view me walking naked, couldn't be less bothered.... Pffff they will shut down themselves if they saw my episode when I got my ass dumped
I hear ya!
The problem is elsewhere.
Today, you don't give a fuck. But what if in 20 years (for example's sake), you are someone incredibly rich and incredibly important.
They will use all that collected info - most likely against you. [highest bidder wins]
Maybe you don't know..... But you're writing with the most important man/occupant of this laptop i'm sitting behind, what are they gonna use against me.... I'm not afraid someone throwing my dick on the net
Still if i'm a normal guy, not doing the most worst things, cheating when with someone or stealing or .... Then they can use what they like, its not that i'm gonna be the next president of the US even not the King of this little Belgium I might or will be important for some, but still I have never been bothered with to much sh*t .......
Dude, I think you have a point, but CryptoTourist also has a point.
It's alright when we are unknown and insignificant to the public. Nobody cares if you or me did some kinky stuff in bed with our GFs. But just imagine running for some official position (I don't think I ever would, but talking generally), and those photos/videos are in the hands of your opponents, or enemies... That's how they control political leaders. They invite them to Epstein's island, and then they tell them what to do.
September 25, 2020, 04:45:33 AM
Just thought back.... mindrust holding on to that anonymous price prediction (and what such wrong info could do with a man), true BTC's don't follow predictions....
We just see NOW and what its all about.
We just see NOW and what its all about.
September 25, 2020, 04:42:15 AM
Then they can use what they like, its not that i'm gonna be the next president of the US even not the King of this little Belgium
You don't know that, that was my point.
Alas, information is power. I think we can agree on that.
Nada: "I have come here to chew bubblegum and kick ass... and I'm all out of bubblegum." Epic!
Holly shit. I think I've just found my signature.
September 25, 2020, 04:33:22 AM
I honestly say.... Listen happily to my dailey BS and view me walking naked, couldn't be less bothered.... Pffff they will shut down themselves if they saw my episode when I got my ass dumped
I hear ya!
The problem is elsewhere.
Today, you don't give a fuck. But what if in 20 years (for example's sake), you are someone incredibly rich and incredibly important.
They will use all that collected info - most likely against you. [highest bidder wins]
Maybe you don't know..... But you're writing with the most important man/occupant of this laptop i'm sitting behind, what are they gonna use against me.... I'm not afraid someone throwing my dick on the net
Still if i'm a normal guy, not doing the most worst things, cheating when with someone or stealing or .... Then they can use what they like, its not that i'm gonna be the next president of the US even not the King of this little Belgium I might or will be important for some, but still I have never been bothered with to much sh*t .......
September 25, 2020, 04:26:00 AM
I guess Mr. Carpenter was way ahead of the times. Unreal.
I'm sure I must have watched (part of) this movie, but I just can't remember anything about it right now...
Already
I'm a big fan or Orwellian-type movies. Should watch Soylent Green one more time. Watched it 1st time when I was a little child (parents didn't care much about movie ratings), and it has affected me in certain ways...
Watched it last night. And no, I hadn't watched it before, not even part of it. Which is strange, given that I've watched a great many movies of this period...
Thought-provoking, albeit a bit cheesy and cliché at times. Very good for its time (1988). Reminded me of Soylent Green and Brazil (which I should watch again).
The fight between Nada & Frank was hilarious. Just wear the fucking glasses man! Damn!
Nada: "I have come here to chew bubblegum and kick ass... and I'm all out of bubblegum." Epic!
Good suggestion, thanks Karartma1.
September 25, 2020, 04:22:48 AM
I honestly say.... Listen happily to my dailey BS and view me walking naked, couldn't be less bothered.... Pffff they will shut down themselves if they saw my episode when I got my ass dumped
I hear ya!
The problem is elsewhere.
Today, you don't give a fuck. But what if in 20 years (for example's sake), you are someone incredibly rich and incredibly important.
They will use all that collected info - most likely against you. [highest bidder wins]
September 25, 2020, 04:05:35 AM
I don't even trust my laptop's camera. It's usually covered in black tape.
Same here. As well as the front facing selfie cam on my phone. And phones get stored in another room out of earshot for 90% of the day.
Honestly, anyone who willingly purchases and brings these 'eyes and ears' spy devices into their home deserves to be surveilled. They will watch and listen to everything you do and say without your consent.
I honestly say.... Listen happily to my dailey BS and view me walking naked, couldn't be less bothered.... Pffff they will shut down themselves if they saw my episode when I got my ass dumped
September 25, 2020, 03:06:53 AM
Jbreher, don't worry to much about LN just relax. LN is still under healthy development they keep rolling out updates on a regulare base.
It will get there eventually just have more patience, projects like LN takes a lot of time to make it consumer friendly.
And do yourself a favor stop living in that *18 months from now* bubble, it was nothing but Roger's marketing gimmick to promote bCash.
Bigblockers are literally non-existing anymore i haven't seen one for a long time. They will fork bCash again in November, that is more troublesome than stressing out about LN atleast for anybody owns a bCash bag.
Bitcoin on Ethereum?
It will get there eventually just have more patience, projects like LN takes a lot of time to make it consumer friendly.
And do yourself a favor stop living in that *18 months from now* bubble, it was nothing but Roger's marketing gimmick to promote bCash.
Bigblockers are literally non-existing anymore i haven't seen one for a long time. They will fork bCash again in November, that is more troublesome than stressing out about LN atleast for anybody owns a bCash bag.
Bitcoin on Ethereum?
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