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BITCOIN

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  • Zola.
    Zola. Posts: 2,204 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    Canada has turned into the drunken child North Korea and China 
  • Hexane
    Hexane Posts: 522 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    Non-Bitcoiners: The role of Bitcoin in self-sovereignty and granting the freedom to transact financially is only valid in non first world countries like Venezuela, Turkey, Nigeria etc..

    Canada: "Hold my beer"
    February 14, 2022

    Leaders of the Canadian truck protest come up with hilariously complex plan to distribute the Bitcoins they've collected

    The leaders of the Canadian anti-vaccine trucker protest communicated their plan to distribute the 21 Bitcoin (worth almost $1 million) to the truckers blockading the border. Instead of giving the truckers the money in a cash format they can actually use, the "professional orange-piller" in charge of the Bitcoin distribution has explained a multi-step plan to give truckers pieces of paper with seed phrases printed on them. The seed phrases will be placed into sealed envelopes along with instructions on how to create a Bitcoin wallet, which are then "numbered and squiggly random lines should be drawn on the envelope to help with later identification". The volunteers then plan to physically destroy the printer with shears and screwdrivers, to try to prevent attackers from pulling the seed phrases out of the device memory. Of course once the trucker has their seed phrase, they have to go through the multi-step process of gaining access to the Bitcoin wallet on their smartphone, and then figure out how on earth to actually use their newfound Bitcoins to, say, pay for fuel. Anyway, I think this all goes to show that the future of money truly is upon us.

    from 
    https://web3isgoinggreat.com/
    7.25 kWp PV system (4.1kW WSW & 3.15kW ENE), Solis inverter, myenergi eddi & harvi for energy diversion to immersion heater. myenergi hub for Virtual Power Plant demand-side response trial.
  • User232002
    User232002 Posts: 328 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 19 February 2022 at 6:07PM
    Ah, I see. So when you said that confiscation of money and seizure of assets wasn't a problem in a first world country, what you really meant was "It is, but Bitcoin needs a printer and 10 minutes of your time, so its not a solution."

    Got it.

    Meanwhile, the citizens of a G7 country are watching the best advert for Bitcoin there could ever be.


  • adindas
    adindas Posts: 6,856 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Hexane said:
    adindas said:

    A sensible people will know that you should not expect a grandpa of 90yo+ to be able to see or has interest to learn so will appreciate of what  the technology such as block chain, EV & autonomous driving, eVTOL (Electric vertical take-off and landing aircraft ) could do to increase efficiency and productivity in the future.
    Surely if he can't see then autonomous driving could be a very empowering technology for him?
    adindas said:


    So if you should not just blindly listen to these sort of people just because their success in the past. Doing this you would have missed a lot of opportunities in the market.
    you seem to be dwelling on the question of vision a little much :)
    https://www.youtube.com/watch?v=5q6HhfRWM8k 
    This electric self-flying air taxi could be your future commute Feb 19, 2022 Yahoo Finance
    Autonomous driving, electric self-flying air taxi is it vision or real ?? Make your own Judgement.

  • How very terrible.

    Some truckers don't want to be vaccinated so bring the capital of Canada to a stand still for 22 days because they can, and the Government does something about it to enable its citizens to get their lives back. 

    What am I supposed to be angry about again?
    Edible geranium
  • User232002
    User232002 Posts: 328 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker
    edited 20 February 2022 at 8:51AM
    bugbyte_2 said:

    Some truckers don't want to be vaccinated 
    Not the point of the protests. The point is that these people are being coerced in to taking the vaccine by having their freedoms stripped. 

    bugbyte_2 said:
    so bring the capital of Canada to a stand still for 22 days because they can, and the Government does something about it to enable its citizens to get their lives back
    By utilising legislation designed for war and threats to national security. To declare its own citizens terrorists for giving money to a cause they support. A cause that tens of millions of people in the USA, The Netherlands, Belgium, France & Australia would seem to also support. 

    bugbyte_2 said:

    What am I supposed to be angry about again?

    This isn't a right or left issue, its simply a case that governments should not hold this power without checks and balances. You should be angry because people that haven't committed a crime are having their assets frozen.

    Custodial financial services allow governments to unilaterally freeze accounts first and then sort out who is innocent or guilty later. Self custodial money, Bitcoin, forces governments to bring a case, under judicial oversight, and charge people with a crime before they can seize assets. But cash does this also right? Funny, theres an article in the WSJ today pointing out how banks are coercing owners of small independent ATMs to discontinue their use because cash is too private and, therefore, risky.

    Incidentally, this is also the reason why CBDCs are precisely zero threat to Bitcoin.

  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    bugbyte_2 said:

    Some truckers don't want to be vaccinated 
    Not the point of the protests. The point is that these people are being coerced in to taking the vaccine by having their freedoms stripped. 


    Then they should emigrate to China...............
  • Hexane
    Hexane Posts: 522 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    Ah, I see. So when you said that confiscation of money and seizure of assets wasn't a problem in a first world country, 
    I don't remember saying that.
    7.25 kWp PV system (4.1kW WSW & 3.15kW ENE), Solis inverter, myenergi eddi & harvi for energy diversion to immersion heater. myenergi hub for Virtual Power Plant demand-side response trial.
  • Hexane
    Hexane Posts: 522 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    By utilising legislation designed for war and threats to national security. 
    I consider it perfectly reasonable to view an economic blockade as a threat to national security.
    7.25 kWp PV system (4.1kW WSW & 3.15kW ENE), Solis inverter, myenergi eddi & harvi for energy diversion to immersion heater. myenergi hub for Virtual Power Plant demand-side response trial.
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