BlockShackles

[zdo 20]

Russia is exploring ways to create a “cryptorubble”

 

“This instrument suits us very well for sensitive activity on behalf of the state. We can settle accounts with our counterparties all over the world with no regard for sanctions...

the cryptocurrency would be the same ruble, but its circulation would be restricted in a certain way...and allow the Kremlin to track its every move."

 

Sergei Glazev. economic adviser to Mr Putin

[zdo 20]

Egypt’s Dar Al Iftaa yesterday issued a Fatwa (Islamic ruling) that deems the Bitcoin virtual currency as forbidden by Islam.

...

 

“Bitcoin could be harmful to the country’s social and economic security,” Dar Al Iftaa said, stressing that the currency could break through the national security and central financial systems.

 

The Egyptian Grand Mufti’s Counsellor, Magdy Ashour, said that the currency “is used directly to fund terrorists,” explaining that its transactions threaten major damage to the economy.

 

“It has no set rules, which is considered as a contract annulment in Islam, that is why it is forbidden.” Ashour added...

 

https://www.middleeastmonitor.com/20180102-egypt-says-bitcoin-currency-is-prohibited-by-islam/

[zdo 20]

and Alice are far apart

 

https://arxiv.org/pdf/quant-ph/9803006.pdf

 

...

 

Why Quantum Computers Won?t Break Classical Cryptography

 

no promotions and links (we will monitor all threads)

[zdo 20]

"You sound like a man caught up in the mania."

 

...

 

 

"You sound like a man who missed his opportunity."

 

...

 

 

"You sound like a man caught "

[zdo 20]

"You sound like a man caught in conflict about 'taking some off the top'”

 

"You sound like a man hissing sour grapes."

[zdo 20]

Presented with no comment

 

[zdo 20]

"People with guns beat people with cryptography."

Major Governments Can Shut Down CryptoCurrencies at Will | Ian Welsh

 

 

...

 

 

 

In the US, it ‘starts’ with Know your Customer bs

https://support.bittrex.com/hc/en-us/articles/115003463331

[zdo 20]

I just created my own cryto -...

 

CyniCoin !!!

 

 

 

CyniCoin’s “market capitalization” is, of course, NOT a mathematical hoax.

 

CyniCoin’s trx speed is measured in msec s, NOT days.

 

CyniCoin’s trx costs are 20 cents, not 20 dolla

 

Most importantly - When you “buy” CyniCoin’s, you own something other than just an entry on a shared public spreadsheet

 

https://youtu.be/CAmd0enttBw

[zdo 20]

The blockchain... the crytos...

What it is and what it ain’t... do you know?

 

...

https://www.rt.com/business/416395-visa-bitcoin-war-payment-system/

https://support.bittrex.com/hc/en-us/articles/115003463331

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[zdo 20]

"Attempts to address rising inequality with the old tools are fueling frustration rather than actual solutions" CHS.

And - yes, to me, crytos are an old tool ... or at best only improvements on old tools - much like replacing a wood shovel handle with a metal rod surrounded by ergonomically correct fiber glass or plastic and adding graduated thickness and reinforcing ribs to the shovel itself... still just a fuckn shovel... same with cryto 'money'

 

... and so re stealing it

...

> 'new’ ways of stealing

https://motherboard.vice.com/en_us/article/yw5yp7/monero-mining-wannamine-wannacry-nsa

 

> old ways of stealing

“My hodl is completely secure. No one can take it.”

https://www.theguardian.com/uk-news/2018/jan/28/cryptocurrency-trader-forced-at-gunpoint-to-make-bitcoin-transfer

 

> ‘just bidness’ ways of stealing

You Can’t Trust the “Trusted” Intermediaries

Find your own link... news comes out about a Ponzi or theft or ‘loss’ at a cryto exchange almost daily...

 

(and don’t forget the)

> ‘legal’ ways of stealing

In that link some idiot commented “Can't work because the futures market is too small. There are only a few thousand btc in futures contracts traded each day. It's peanuts compared to the actual bitcoin exchanges. In order for what you are describing to work, the futures market would need to be pretty large compared to the actual bitcoin markets.”

Reality is more like - if the ‘need’ arises, ‘they’ can create contracts with a button push and overwhelm ANY buying pressures with shorts or vv.

 

“Bitcoin futures; the perfect vehicle to manipulate Bitcoin

Bitcoin futures provides a great venue for the big sharks to swallow up the silly sardines hoping to strike it rich. The big players can now manipulate the bitcoin market via the futures market. They can use fake money (worthless paper) to push it up or down, much the same way they did and are still doing with the precious metals markets. Which illustrates the lie behind the “Bitcoin is different” nonsense; Bitcoin is nothing but digital fiat; in some ways, its worse as anyone can issue their own cryptocurrency.” Sol Palha

 

and mentioned before the real 'legal' way to steal it hasn't fully kicked in yet... tax it in and out

 

>>> and finally - self ‘stealing’ from self

[fxeconomist 10]

The blockchain... the crytos...

What it is and what it ain’t... do you know?

...

https://www.rt.com/business/416395-visa-bitcoin-war-payment-system/

https://support.bittrex.com/hc/en-us/articles/115003463331

 

...

 

 

Do you know when Bittrex will open registration? Want to hedge my Hotforex short position with some BTC holdings, making some coins on spread arbitrage.

[zdo 20]

Do you know when Bittrex will open registration? Want to hedge my Hotforex short position with some BTC holdings, making some coins on spread arbitrage.

 

It doesn't make short term financial sense to them to build out the back office enough to process all the "know your customer" regs, so they are just slogging through a few backed up apps per day....Getting cut ahead in the que depends on how much 'money' you have for initial deposit.

hth

[zdo 20]

https://www.oftwominds.com/blogfeb18/Venezuela-crypto2-18.html

[zdo 20]

(I wish it weren’t my opinion... )  ... but it is my opinion that the anonymity aspect of ALL crytos and blockchain activity  is none existent and has been for some time...

who better than someone with a cloud for  govt's and guvmnt agencies that aren't tight with the nsa to contract with
https://motherboard.vice.com/en_us/article/d35eax/amazon-bitcoin-patent-data-stream-identify-cryptocurrency-for-law-enforcement-government

 

etc etc