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0 sats \ 3 replies \ @00 OP 7 Jan \ parent \ on: I haven't posted or visited SN in a year? What did i miss! culture
As a tech enthusiast, I've always been fascinated by the world of cryptocurrency and blockchain technology. My curiosity led me to experiment with various aspects of blockchains, including the use of a tornado cash mixer for Bitcoin. I wanted to understand how these mixers anonymized transactions, a concept I found intriguing and innovative. With no ill intentions, I decided to mix a small amount of my own ethereum that I converted from 0.2 BTC beforehand, just to see how the process worked. It was purely for educational purposes, as I had no intention of using it for anything illicit.
However, my harmless experiment took an unexpected turn. One day, while I was at work, a group of federal agents showed up at my office. They arrested me on charges related to the use of a tornado cash mixer. I was shocked and confused. As they explained, the mixer I had used was also frequented by bad actors, including entities from countries like North Korea and Russia, for money laundering and other illegal activities. This was news to me.
The agents didn't seem to believe that my intentions were purely educational. They focused on the fact that I later transferred the mixed Bitcoin to my Coinbase account, a move they interpreted as an attempt to reintegrate the funds into the mainstream financial system. Despite my protests and explanations, I was taken into custody.
The legal proceedings that followed were a blur. I tried to explain my position, emphasizing my lack of knowledge about the mixer's notorious users and my benign curiosity. But the gravity of the situation was overwhelming. The thought that I, a regular person with a passion for technology, could be caught up in such a serious legal predicament was mind-boggling.
This experience has been a stark reminder of the complexities and risks associated with the world of cryptocurrency. We should understand the full context and potential implications of experimenting with such powerful technologies. I can't help but reflect on how a simple experiment turned into a life-altering ordeal for me and my family
I figured it out. Thank you so much!
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It actually has a large attack surface and few developers. Better to use a second cheap secure offline computer.
Thank you for sharing that video. It is so exciting to learn about the potential of Bitcoin as an investment and store of value. These are some of the things this video taught me. In recent years, Bitcoin has gained widespread recognition as a digital currency that allows people to make transactions quickly, securely, and with minimal fees. But Bitcoin has the potential to be much more than just a digital currency. It has the potential to disrupt traditional financial systems and provide a more stable, reliable, and secure way to store and transfer wealth.
One of the key advantages of Bitcoin over gold is its limited supply. Unlike gold, which can be mined and produced indefinitely, the total supply of Bitcoin is capped at 21 million. This means that the value of Bitcoin is not subject to inflation, as it is with gold and other traditional forms of money. In fact, many people view Bitcoin as a "hard" currency, similar to gold, because it is not subject to the same economic forces that affect traditional fiat currencies.
Another advantage of Bitcoin over gold is its divisibility. Because Bitcoin is digital, it can be divided into tiny fractions, known as "satoshis," which makes it possible to transact with very small amounts of money. This makes it a more versatile and useful form of money than gold, which is difficult to divide into small units.
But perhaps the biggest advantage of Bitcoin over gold is its security. Because Bitcoin is based on blockchain technology, it is virtually impossible to counterfeit or double-spend. This makes it a much more secure form of money than gold, which is subject to theft and fraud. In addition, because Bitcoin is decentralized and not controlled by any government or financial institution, it is not subject to the same political and economic risks as gold.
So if you're looking for a more stable, secure, and versatile way to store and transfer wealth, consider investing in Bitcoin. It may not be as shiny or glamorous as gold, but it has the potential to be a much more powerful and reliable form of money.
There are several potential benefits to being a Bitcoin maximalist, including the following:
Simplicity: By focusing solely on Bitcoin, a maximalist can avoid the complexity and confusion of the wider cryptocurrency market, which can be overwhelming to many people. This can make it easier to understand and navigate the market, and can help a maximalist make more informed investment decisions.
Security: Bitcoin is widely considered to be the most secure cryptocurrency, due to its decentralized nature and the use of strong cryptography to protect transactions. By focusing on Bitcoin, a maximalist can benefit from this increased security and can have confidence that their investments are safe from tampering or fraud.
Network effects: Bitcoin is the oldest and most widely used cryptocurrency, and it has a large and active user base. This gives it a significant advantage over other cryptocurrencies, as network effects can make a product or service more valuable as more people use it. By being a maximalist, an individual can benefit from the positive network effects of Bitcoin and can be part of a large and growing community of users.
Potential for long-term value: Many Bitcoin maximalists believe that the cryptocurrency has significant potential for long-term growth, due to its limited supply and the increasing demand for digital assets. By focusing on Bitcoin, a maximalist can potentially benefit from this potential for long-term value, as the cryptocurrency could appreciate in value over time.
Overall, being a Bitcoin maximalist can offer several potential benefits, including simplicity, security, network effects, and the potential for long-term value. These benefits can be appealing to individuals who are interested in the cryptocurrency market and want to focus their investments on the most promising and established cryptocurrency.
A dark pool trade is a type of trade that occurs outside of the traditional stock exchange. Dark pool trades are typically executed on private, alternative trading systems that are not accessible to the general public. These trades are often larger in size and are executed anonymously, which allows large institutional investors to buy or sell large amounts of stock without influencing the market price. Because dark pool trades are not visible to the general public, they are sometimes referred to as "dark" trades.
Emojis can be a fun and useful way to add context or emotion to a message. They can also help to reduce ambiguity and make it easier for the reader to understand the intended tone of the message. On the other hand, overuse of emojis or using the wrong emoji in a given context can make a message difficult to understand or even give the wrong impression. It's important to use emojis thoughtfully and appropriately to avoid confusion.
Emojis can help to add tone and emotion to a message, making it easier for the reader to understand the intended meaning and tone.
Emojis can make a message more engaging and fun, potentially increasing the chances that people will respond to or share it.
Emojis can make a message stand out in a crowded social media feed, potentially increasing the chances that people will notice it.
Emojis can be a useful tool for businesses and brands to use in their social media marketing efforts, as they can help to create a more personal and relatable connection with their audience.
Emojis can help to reduce ambiguity and make it easier for people to understand the intended meaning of a message, particularly in situations where the written word alone might be open to interpretation.
I2P and Tor are both anonymous networks that are designed to protect the privacy of users by routing internet traffic through a network of servers. However, there are some differences between the two networks that may affect their level of anonymity.
I2P, or the Invisible Internet Project, is an anonymous network that is designed to provide secure and anonymous communication for a wide range of applications. It uses a technique called garlic routing, which encrypts data and routes it through multiple servers in the network, making it difficult for outsiders to track the origin of the data.
Tor, or The Onion Router, is another anonymous network that is designed to protect the privacy of users by routing internet traffic through a network of servers. It uses a technique called onion routing, which encrypts data and routes it through multiple layers of servers, making it difficult for outsiders to track the origin of the data.
In general, both I2P and Tor provide a high level of anonymity for users, and both networks are effective at protecting the privacy of users. However, there are some differences between the two networks that may affect their level of anonymity. For example, I2P is a smaller network than Tor, which means that it may be less resistant to attacks or other forms of surveillance. Additionally, Tor has been extensively tested and studied, and it is widely considered to be one of the most secure anonymous networks available.
Overall, whether I2P or Tor is more anonymous will depend on a variety of factors, including the specific threat model and the level of security and anonymity that is required.
Card counting is a technique used by some blackjack players to gain an advantage over the casino. It involves keeping track of the cards that have been played in a game, in order to determine when the deck is favorable to the player. While it is not illegal, most casinos view card counting as cheating and will take steps to prevent it.
There are several ways that casinos can catch card counters. One of the most common methods is through the use of surveillance cameras, which can be used to monitor players and look for suspicious behavior. Casino staff are also trained to watch for signs of card counting, such as players who are keeping track of the cards or betting unusually large amounts at certain times.
Another way that casinos can catch card counters is by using software that can track the cards that have been played and identify patterns that may indicate card counting. This software can be integrated with surveillance cameras and other systems to automatically alert casino staff when a potential card counter is detected.
Overall, casinos have a range of tools and techniques at their disposal to catch card counters and prevent them from gaining an unfair advantage. While it is not always possible to catch every card counter, most casinos are able to effectively identify and deal with this type of behavior.