Gold collapsing. Bitcoin UP.

Manfred

Member
Feb 1, 2019
42
56
facts figures assumptions, only a matter of time flat reward coins fall on the wayside.
Peercoin staking now for 8 years, valuable data available. 776 605 new coins added yearly on average past 5 years thats 0.65% of total vs Bitcoins 0.0000000015% in 2140 when no more new Bitcoins mined
https://docdro.id/lA7quDF
 

Norway

Well-Known Member
Sep 29, 2015
2,424
6,410
BUIP 072 was voted for with a majority voting "Yes". But AFAIK, the officers failed to do what the membership voted for. And they have stopped producing any financial reports for the members. Solex promised to produce a financial report "within a month" last summer, but nothing has happened afaik.

Edit: Changed BUIP 127 to BUIP 072
 
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freetrader

Moderator
Staff member
Dec 16, 2015
2,806
6,088
BUIP 127 was voted for with a majority voting "Yes".
Not sure where you get that, @Norway?

BUIP127 results:
  • Number of ACCEPT votes: 9 <- not the majority
  • Number of REJECT votes: 10
  • Number of ABSTAIN votes: 1
  • Number of SPOILED votes: 1
Maybe you're confusing it with BUIP072.
 

Norway

Well-Known Member
Sep 29, 2015
2,424
6,410
Yes, it's been corrected.

There is no point in doing these votes as the elected officers refuse to follow them and treat the BU funds as their private money, failing to give financial reports to the members.
 
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BldSwtTrs

Active Member
Sep 10, 2015
196
583
@Norway
You can choose to selectively disclose (for example to government agencies) with Monero

But anyway I think very few people on the market understand the distinction between privacy and anonymity currently. It is something that is known only since CSW started to push this point of view.

Most of humanity is just starting to understand that BTC is totally transparent, they are leveling up from their previous false belief "BTC is anonymous".

They will get to know Monero, and it will take them several years before they understand Monero and judge whether it's good or not. Once they correctly assess Monero, their next level of understanding will be about the distinction between privacy and anonymity which will allow them to understand that you can get privacy on a transparent ledger with BSV.

They cannot go straight from "BTC is anonymous" (false) to "BSV is private and transparent" (correct) without passing through the intermediate stage "this XMR thing is opaque and that might be better than the transparent BTC".

What we tend to forget is that we are far ahead of the learning curve of the market. What we understand today, the market takes years to process it. And the distinction "anonymity/privacy", courtesy of CSW, is still too young to be a prevalent understanding of the market.
 
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Norway

Well-Known Member
Sep 29, 2015
2,424
6,410
I think a lot of people in the banking industry and finance law enforcement are very well educated on concepts like traceability in financial transactions. A lot more than computer scientists. Don't expect everyone to have the same learning path as yourself. Bitcoin is complex, but all sides of it has experts from different fields.
 

scar

New Member
Aug 2, 2019
3
18
https://www.cleveland.com/court-justice/2020/02/bath-township-man-ran-service-that-laundered-311-million-in-bitcoin-for-darknet-transactions-feds-say.html

Looks like the house of cards is starting to fall apart. Apparently over 4k BTC were seize by the FBI from Coin Ninja. Turns out that the "censorship resistant money" can, in fact, be confiscated by the government. Who would have thought...

What are the thoughts of BCH supporters on this one since they praised the rising usage of BCH in darknet markets with their anarchist money?
 
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