@cryptocoin
203079 stacked

https://nitter.it/allenf32/status/1559813819450392576 <-- Shows the thread in a single, easy-to-read, web page

That then becomes the method you log into SN. Your prior method (e.g., via Twitter, or e-mail account, whatever) will no longer work. You can switch back, but there's currently only one auth per account.

Those numbers suggest that fewer people than ever are falling for cryptocurrency scams. One reason for this could be that with asset prices falling, cryptocurrency scams — which typically present themselves as passive crypto investing opportunities with enormous promised returns — are less enticing to potential victims. We also hypothesize that new, inexperienced users who are more likely to fall for scams are less prevalent in the market now that prices are declining, as opposed to when prices are rising and they’re drawn in by hype and the promise of quick returns.

Darknet market revenue is also down significantly in 2022, and is currently 43% lower than where it was through July in 2021. Unlike with scams, however, this hasn’t been the case for the entire year — 2022 darknet market revenue was tracking above 2021 until April, at which point its rate of increase dropped off a cliff. This is almost certainly due to the April 5 shutdown and sanctioning of Hydra Marketplace, which for years had been the predominant darknet market, acting as a hub not just for drug sales, but for sales of hacking tools, stolen data, and money laundering services.

In today’s episode I speak to Coinicarus about the importance of Pleb culture and why he started his new show with pirate beach bum and cohost Walton. We discus the need for privacy in bitcoin and why clout chasing and misaligned incentives end up causing harm. We also discussed some of the underrated content in the space and ways to shine light on it. We had some technical issues so it’s a shorter one today but I always enjoy catching up with Coinicarus. I really hope you enjoy the show and as always please reach out if you have any questions.

Show guest twitter - @Coinicarus Website - plebunderground.com


Episode website:

https://ungovernablemisfits.com/podcast/bitcoin-pleb-underground https://bit-buy-bit.libsyn.com/bitcoin-pleb-underground-with-coinicarus


As always please feel free to reach out and ask me any questions.

twitter - @MaxBitbuybit twitter - @bitbuybitpod Website - https://ungovernablemisfits.com

The link for this post uses a read-only front-end for Twitter, which can be easier to read for viewing a full Twitter thread. The Tweet that kicked off the thread is:

1/ Over the last decade that I have been involved with Bitcoin, much of my thinking about it and what it is has changed and evolved dramatically.

Today I believe that Bitcoin is the most monumental event in the last two millennia of human history,

Here is why:

https://Twitter.com/Erikcason/status/1559631055363092480

Connect The World EP038 | Christian Keroles | Bitcoin Magazine | Nashville USA

"In the first part Edward and Stef reveal yet another amazing news: Connect the World and The Daily Moon are official media partners of Bitcoin Amsterdam 2022! This way we will cover the whole conference and bring you all the Lightning related news out there! A big thanks to the whole team to make this happen!

After that they talk to Christian Keroles, general manager of Bitcoin Magazine. It’s the oldest and most established source of trustworthy news and information on Bitcoin.

Christian shares his vue on hyperbitcoinization and how we’re watching Bitcoin monetize in real time while we’re heading towards a Bitcoin standard within a decade!

He also talks with us about the Bitcoin Conference in Amsterdam! It’s going to be the largest gathering of Bitcoiners in Europe!

Are you as bullish as we are about Bitcoiners coming together wanting to shape a better future? Then watch or listen to this brand new show!" - Jonī Kyasshu


🎤 Links to the guest • https://twitter.com/ck_SNARKshttps://www.linkedin.com/in/ckeroles


⏱ Timestamps

00:00 - Intro - “10 Questions” 01:45 - Part 1 - Connect The World community 06:07 - Statistics 07:12 - News 11:34 - Ring Of Fire (ROF) 12:40 - Lightning Notes 14:14 - Part 2 - Guest: Christian Keroles 21:14 - “21 minutes” 44:51 - Question from our last guest 47:55 - Outro


On BitcoinTV (Peertube / Fediverse):

Bitcoin Amsterdam | Christian Keroles https://bitcointv.com/w/mXMNb7J8uMwvBnhQFGFA6z

On Mastodon / Pleroma (Fediverse), follow: @satoshiradio@bitcointv.com and @satoshiradioinc@bitcointv.com

Voltage Makes the lightning network intuitive and easy to use even for beginners.


Website: https://simplybitcoin.tv

Twitter:

Anchor: https://anchor.fm/simplybitcointv/ Spotify: https://open.spotify.com/show/0lKjm6CqM8WPQbSN5Z4vfJ Apple Podcasts: https://podcasts.apple.com/us/podcast/simply-bitcoin/id1596756460


On BitcoinTV (Peertube / Fediverse):

Making the Lightning Network Easy to Use | EP 554 https://bitcointv.com/w/apvVenWDhonc7wRYu8MjHW

On Mastodon / Pleroma (Fediverse), follow: @Simply_Bitcoin@BitcoinTV.com and @bitvolt@bitcointv.com

The Great Reset and the Rise of Bitcoin - This Film is a documentary that explores the current state of our economy and the impact a new monetary system like Bitcoin can have on the world.

The Great Reset and the Rise of Bitcoin (2022) Director: Pierre Corbin (written and directed by) Writers: Pierre Corbin Genre: Documentary Country: Poland Language: English Release Date: 5 January 2022 (Poland) Filming Location: Warsaw, Poland

Storyline:

At the beginning of the last century, major economies left the gold standard and started the practice of printing money without any assets backing it. This gave governments the power of infinite money. A power that has been abused in the past, and to this day, is used in the name of "saving the economy" through actions which, in fact, devalues our currencies and leads to the impoverishment of citizens in the long term.

Or so it used to be - nowadays, the economy has been "saved" time and time again, using the same instruments, increasing debt, increasing the money supply, leading governments and central banks to a point of no return, where they have only one option left: continue printing. This impoverishment of the population that used to be a long-term effect of our system is now becoming a short-term effect, thanks to governments like the U.S. government increasing the money supply by over 40% in less than two years. Although this acceleration seems obvious now, some have been observing this from the sidelines and have taken action.

It is not governments, not universities or think tanks that came up with the solution. It all started from a post on an internet forum written by a person under the alias Satoshi Nakamoto. Putting together pre-existing computer science concepts, a new form of money was created by this person (or persons) and shared with the world. Its power, community, decentralization and scaling potential did the rest. Fast-forward over a decade and we now have an asset that has a valuation of approximately $1 trillion that no one can shut down. It is money that has hard rules that cannot be changed, with a maximum supply of 21 million bitcoin. These two factors make it the hardest form of money in existence and, essentially, the better form of money.

The film explains the details of how Bitcoin works, how mining works and the existing scaling options, such as the Lightning Network, that unlock bitcoin's potential for growth and global adoption as a currency. The film "The Great Reset and the Rise of Bitcoin" puts together all the important details about our economic context - central bank actions, history, bitcoin and more - in order for viewers to get a good level of understanding on our current situation and be able to make educated decisions on the future of the financial world they want to live in.

See also this post where this movie is the subject:

TD₿: The Great Reset ( a film) by Pierre Corbin https://stacker.news/items/59540 https://cory.substack.com/p/td-the-great-reset-a-film-by-pierre

The video on Youtube can be found in this post:

🎥 The Great Reset and The Rise of Bitcoin | Bitcoin Movie | Documentary https://stacker.news/items/59574 https://www.youtube.com/watch?v=e0plyXEc1Ak

Two dozen photos in that article, but they are all for ads. Would it kill them to, you know, ... show what a spotted laternfly looks like and include some way to demonstrate its size? (i.e., so I could know if I've ever seen one before?)

.

Spotted Laternfly

Hacker gets emails from Mailchimp.

Hacker finds which emails are for "crypto and blockchain" companies and does password reset requests at Digital Ocean. Some of those attempts are successful. (Digital Ocean doesn't say how that was successful)

Hacker then has admin/root access to the "crypto and blockchain" hosts running at Digital Ocean.

At least that's how I interpret what I read.

It protects you from exchange rate risk. just like a stablecoin does.

Like if you need to hold a part of your paycheck so that you have at least $1,000 at the beginning of next month for rent, regardless if bitcoin sees a selloff before then. So you buy (peg ?) this USD, then at the first of next month when rent is due, you sell (unpeg ?) and you have $1,000 worth of bitcoin to spend at that time. If your landlord wants cash, you still have to sell the BTC or do whatever you normally do to get cash for your bitcoin.

For additional comments on this episode, see the post for the Fountain.fm podcast:

🎙 A very informative pod about crypto law (TFTC) https://stacker.news/items/59279 https://fountain.fm/episode/9534866007

This podcast episode (TFTC 352) is also available on Youtube and BitcoinTV:

📺 TFTC #352: Freedom of speech in the digital age with Preston Byrne https://stacker.news/items/59074 https://www.youtube.com/watch?v=ziyXF6KYSug https://bitcointv.com/w/ch5ojMkbptYAjdtPKUUgz9

CHAPTERS

0:00 Opening Riff 0:43 Tornado Cash Sanctions Explained By a Lawyer 6:10 North Korea/Money Laundering Involvement 8:10 Was a Precedent Just Set for Developers? 14:25 Could CoinJoin Services Be Sanctioned? 16:30 What is the Definition of Money Laundering? 21:20 How Big of a Mess is This? 30:30 Is the Federal Government Overstepping? 40:20 What Bitcoin Actually Started? 45:30 Is the IRS Army Real? 1 For Every 4,000 Americans? 49:00 Are We Living in a Different America? 56:23 Laws Around Bitcoin in the UK 1:11:00 Laws Are Local 1:16:00 Is Bitcoin Freedom of Speech? 1:24:20 Is the Value 4 Value Model Broken? 1:28:50 Ending Riff


Listen and watch:

Podcasts: https://anchor.fm/tales-from-the-crypt

Rumble: https://rumble.com/c/TFTC

Youtube: https://www.youtube.com/channel/UCtdbWsnfA08KhSUO4amVLaQ


On BitcoinTV (Peertube / Fediverse):

#352: Freedom of speech in the digital age with Preston Byrne https://bitcointv.com/w/ch5ojMkbptYAjdtPKUUgz9

On Mastodon / Pleroma (Fediverse), follow: @tftc@BitcoinTV.com and @marty_bent@bitcointv.com

It is now illegal for any US exchange to accept the ETH from that address

Show me that law.

There are specific ETH addresses that are listed on the Treasury notice. Your post includes the link to that list. The ETHDev address is not among those, however.

Therefore, it is NOT illegal for any US exchange to accept the ETH from the ETHDev address at this time.

But to de-risk, platforms are rejecting deposits from an address that received from a Tornado Cash transaction, such as the ETHDev address They are not required to reject but they are doing it to avoid any issues down the road.

Plus, you can't "reject" a payment sent to your address. So what happens then to the amount received by the exchange? Frozen forever? Returned? Who knows.

What a complete shitshow.

The BIS statement announcing the export ban made no mention of the countries, but recent events make it clear the target is China – the US has been considering other tech export bans (and investment freezes), recenlylall of which appeared tailored to target China.

Analysts in the Middle Kingdom have claimed the ban would have little short-term impact on China's chipmaking industry as no one in China has yet managed to design chips as advanced as those targeted by the ban.

So there were "crypto and blockchain" organizations whose Digital Ocean accounts had been successfully taken over by the hacker/attacker.

I would bet the attacker would have gone after any larger / well-known ones first.

Another reason to get your coins off any exchanges.