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14 Bitcoin quotes by famous people by Martin Rosulek ...
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Bitcoin - The Currency of the Internet
A community dedicated to Bitcoin, the currency of the Internet. Bitcoin is a distributed, worldwide, decentralized digital money. Bitcoins are issued and managed without any central authority whatsoever: there is no government, company, or bank in charge of Bitcoin. You might be interested in Bitcoin if you like cryptography, distributed peer-to-peer systems, or economics. A large percentage of Bitcoin enthusiasts are libertarians, though people of all political philosophies are welcome.
Alan Greenspan: another unconscious quote on bitcoin.
In the absence of the gold standard, there is no way to protect savings from confiscation through inflation. There is no safe store of value. If there were, the government would have to make its holding illegal, as was done in the case of gold. If everyone decided, for example, to convert all his bank deposits to silver or copper or any other good, and thereafter declined to accept checks as payment for goods, bank deposits would lose their purchasing power and government-created bank credit would be worthless as a claim on goods. The financial policy of the welfare state requires that there be no way for the owners of wealth to protect themselves. […] This is the shabby secret of the welfare statists’ tirades against gold. Deficit spending is simply a scheme for the confiscation of wealth. Gold stands in the way of this insidious process. It stands as a protector of property rights. If one grasps this, one has no difficulty in understanding the statists’ antagonism toward the gold standard. – Alan Greenspan, former Chairman of the Federal Reserve (1966) EDIT: Full text: http://www.321gold.com/fed/greenspan/1966.html
“What innovations have we seen in the banking or financial sector in the last 30 years? Almost nothing. Nobody ever decides to start a bank out of their garage, there is no Google, PayPal or Youtube-like innovation that’s come out of banking or finance, because it’s so scary to people they don’t even bother to try to begin with.” Bruce Fenton Thats pretty much 99% accurate. I recently talked to a top International Transaction Banking guy and asked him how he sees the challenges relating to competition and regulation, which will make transaction banking more expensive for companies and the economy as a whole. I asked him what he is planning to do. His answer was something like: "meh". Time for more innovation, seriously.
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10-19 21:36 - 'Your data is off, the premium has dropped since the July numbers you're quoting. / Here's the actual data on ETHE's premium: / [Grayscale ETHE's Premium against actual ETH]' by /u/Isnt_History_Grand removed from /r/Bitcoin within 81-91min
''' Your data is off, the premium has dropped since the July numbers you're quoting. Here's the actual data on ETHE's premium: [Grayscale ETHE's Premium against actual ETH]1 ''' Context Link Go1dfish undelete link unreddit undelete link Author: Isnt_History_Grand 1: www*tradi*gview**o*/sy**ols/spre**/%*8**C%3A**HE%*F***9*14728-BITFINEX%*A*TH*SD%29%2F*ITFINE*%3A*T*USD%2A1*0/ Unknown links are censored to prevent spreading illicit content.
08-31 08:38 - '[quote] No. Tails forgets all data upon reboot. You have to have a paper/metal/brain-backup of the seed. / You import the master-PUBLIC-key into an online system, for example Electrum running on your Android phone or table...' by /u/Thanatos_1 removed from /r/Bitcoin within 667-677min
does the “cold device” in these cold storage mechanisms essentially just hold your private key and your latest known balance?
No. Tails forgets all data upon reboot. You have to have a papemetal/brain-backup of the seed. You import the master-PUBLIC-key into an online system, for example Electrum running on your Android phone or tablet. That system knows your balance, because it is online and can derive all addresses from the master-public-key. But it can't sign any transaction, because it doesn't have the seed. If you want to spend, you create an unsigned transaction on the online-installation, transfer it to the offline system, check it, sign it, double check it, transfer the signed transaction to the online system and then broadcast it from there. Sounds more complicated than it is. Works really good with QR-codes. Here are some old videos explaining the process. The software has changed slightly in the meantime, but the process should be made clear form watching that. The first video is now actually redundant, because Tails exists and you don't have to create your own Linux live system that has Electrum. [link]1 [link]2 [link]3 ''' Context Link Go1dfish undelete link unreddit undelete link Author: Thanatos_1 1: w*w.y*utu*e.***/watch*v=*9K3Co*QpzM 2: www**ou*u**.*om/watch*v*WK4JmfMCD*g 3: www.yo***be.com/*a*ch?v=*BVyF**6Z*c Unknown links are censored to prevent spreading illicit content.
08-16 00:15 - '[quote] There used to be an exchange (BTCC) that made a physical bitcoin in the form of a poker chip: / - [link] - [link] / The private key is on the underside of the tamper-evident hologram. / Notice that does not say "tam...' by /u/cointastical removed from /r/Bitcoin within 0-10min
I have a chance to buy a physical bitcoin poker chip.
There used to be an exchange (BTCC) that made a physical bitcoin in the form of a poker chip:
The private key is on the underside of the tamper-evident hologram. Notice that does not say "tamper-proof", it says "tamper-evident'. And what it does not say is "and never inspected with a scanning tunneling microscope (STM) by the seller (or a prior seller) before it ends up being your property. And also, you are an expert in determining whether or not what you are being sold is not a counterfeit? If you got plenty of dough, sure -- taking a chance on owning a piece of bitcoin history might be worth the risk. If you are speculating on the exchange rate though,... just buy bitcoin and HODL. As far as how one of these is actually "redeemed" / "cashed out"? ... you simply peel the hologram, which reveals the private key, and you sweep the key to spend it (e.g., using Samourai wallet or something like that which supports "sweep to spend"). Where you sweep it is up to you -- to a bitcoin deposit address at an exchange, or to an address for your own wallet, etc. , -- doesn't matter. If the amount of bitcoin you are looking to sell is more than $100K in value, and you want help in selling it, there are OTC trading desks that will help with sales of bitcoin for that size. Bitcoin / Crypto OTC Trading Desks
07-02 23:05 - 'Before you start you need a bitcoin wallet address try BitPay apps etc bitcoin wallet apps not hard to find / Step 1. Download telegram msg’ing app On your device set it up etc / Step 2. Click this link. -[quote] Step.3 sta...' by /u/Snoo-45295 removed from /r/worldnews within 8-18min
''' Before you start you need a bitcoin wallet address try BitPay apps etc bitcoin wallet apps not hard to find Step 1. Download telegram msg’ing app On your device set it up etc Step 2. Click this link. -> [link]1 Step.3 start mining You can make easily like $100 btc a day from home especially if times is hard ''' Context Link Go1dfish undelete link unreddit undelete link Author: Snoo-45295 1: t.me**TC_**s_*u_bot?*tart=9163**1*5 Unknown links are censored to prevent spreading illicit content.
06-25 14:45 - '[quote] General extortions on white people are reported in [link] / But one report specifically showed demands "in cash or in Bitcoin". / EDIT as linked below (but for 500$, although it targets local establishments, not local pe...' by /u/Etovia removed from /r/Bitcoin within 13-23min
Oh boy I'd love to see that "reporting"
General extortions on white people are reported in [link]1 But one report specifically showed demands "in cash or in Bitcoin". EDIT as linked below (but for 500$, although it targets local establishments, not local people directly) - [link]2 ''' Context Link Go1dfish undelete link unreddit undelete link Author: Etovia 1: *ypo*t.com/2020*06*13/pr*t*st*r-in-*e*ttl*s-cha*-demand*-w****-peo*l*-*ive**ut-cash/ 2: coin*ele*r*ph.com*news/ca*it**-hil*-*ut*no*o*s-zone-c*ypto*par*d*se*or**igi*al-*hake*own Unknown links are censored to prevent spreading illicit content.
06-14 13:55 - '[quote] [quote] [quote] [quote] Monero is auditable you just have to understand what you read. You take on a bit more risk by trusting the implementation of some crypto primitives but you can't do without them if you wa...' by /u/transilvanivm removed from /r/Bitcoin within 285-295min
So what's the takeaway? It's very important to note that not all inflation-related problems are created equally. It's safe to say that the practical risk of an implementation flaw is far greater than that of a common computational hardness assumption break. Notably, the use of a transparent asset is not sufficient to guarantee safety of funds. It is true that supply transparency means that inflation can in theory be detected by an appropriate implementation, but the remediation of supply inflation could mean that transactions are reverted and honest funds are affected. Further, transparent assets would not be immune from a (very unlikely) break of a cryptographic hardness assumption that results in key recovery and theft of funds. In contrast, the use of an opaque asset introduces the risk of implementation flaws that may or may not be detectable because of the underlying mathematics of commitments and more complex proving systems. The use of mitigating approaches like transparent migrations can assert eventual available supply consistency, but this comes with the risk of losing honest funds too. Reviews and external audits of code and new mathematical constructions becomes especially important as a way to mitigate, but certainly not eliminate, these risks. At the end of the day, there are tradeoffs inherent in supply-audit design choices. You can choose to represent amounts in the clear, like Bitcoin does; you can be sure that the supply is what you expect it to be (or fork to ensure this in case of exploited inflation), but you sacrifice fungibility and could expose users to personal risk. Or you can choose to hide amounts like (shielded) Zcash or Monero do; you improve privacy and fungibility, but at the cost of offloading supply soundness guarantees to the correctness of proof and signature constructions.
Monero is auditable you just have to understand what you read. You take on a bit more risk by trusting the implementation of some crypto primitives but you can't do without them if you want to call the token "cash/money". Bitcoin transparency is destroying it as viable money. It's a con and the only con that matters for digital decentralized money. LN is shit privacy compared to layer 1 Monero privacy. ''' Context Link Go1dfish undelete link unreddit undelete link Author: transilvanivm
Bitcoin quotes will give you clear message what future you can expect from blockchain and cryptocurrencies. Bitcoin is leading digital money. Find the latest Bitcoin USD (BTC-USD) stock quote, history, news and other vital information to help you with your stock trading and investing. Bitcoin USD price, real-time (live) charts, bitcoin news and videos. Learn about BTC value, bitcoin cryptocurrency, crypto trading, and more. View the latest BTSC stock quote and chart on MSN Money. Dive deeper with interactive charts and top stories of BITCOIN SERVICES, INC.. Bitcoin indice NetDania. NetDania does not guarantee the accuracy of data contained on this website, nor do we guarantee that data is real-time.
Top 10 Quotes About Bitcoin - Gracious Quotes - YouTube
Here's what a bunch of famous people said about Bitcoin. Join Coinbase - $10 of Bitcoin with $100 investment - https://calcur.tech/coinbase Binance for trading cryptocurrency - https://calcur.tech/binance Have you ... Bitcoin Quotes. Skip navigation Sign in. Search. Loading... Close. This video is unavailable. Watch Queue Queue. Watch Queue Queue. Remove all; Disconnect; The next video is starting stop. Loading ... Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube. Bitcoin documentary, some of the best quotes Torsten Hoffmann. Loading... Unsubscribe from Torsten Hoffmann? Cancel Unsubscribe. Working... Subscribe Subscribed Unsubscribe 1.19K. Loading ...