Token Daily

welp csw better come sue me now too because Im hosting it as well

1

Cant believe bitcoincore.org bitched out so quickly. Well done bitcoin.org for actually having a back bone. CSW can fuck off.

1

bundabrg 21 mins ago

Thanks cobra for standing up to the threats. This is not good optics and pretty disappointing.

1

_risho_ 22 mins ago

isn't is illegal to go around and file hundreds of baseless lawsuits and cease and desist threats against people? why doesn't someone stand up to him and just sue him into bankruptcy?

1

coinjaf 10 mins ago

He's already bankrupt, there's nothing to get there. Suing him take a shitload of money and time and in the end nothing is gained because he'll never pay up. Hodlenaut already won a case against him.

1

SeveralIf 24 mins ago

I think it was the right move for bitcoincore.org.

The Bitcoin core devs should focus their energy on developing and maintaining the code of Bitcoin core, not engaging in legal fights. If they spend time in legal battles, then they will spend less time on developing the code, which is bad for Bitcoin.

That said, it's a decentralized project, and anyone can upload the whitepaper on their own website.

1

eqleriq 25 mins ago

It would be rather trivial to just chop up the PDF (or plaintext it sans diagrams) and store it directly in the fucking blockchain.

satoshi would know this

1

coinjaf 27 mins ago

Right decision, but Cobra making a political show out of it in deflection of him being paid by a shitcoin and ICO pumping exchange on his own bitcoin.org, just 2 days ago.

https://www.reddit.com/r/Bitcoin/comments/kzcug2/psa_bitcoinorg_is_untrustworthy_and_newbies/

1

forexross 35 mins ago

This fucking asshole was all over the news around the end of 2017 bull run. His mere existence is always bad news to the whole cryptocurrency community.

1

etmetm 35 mins ago

Someone link an IPFS saved version of the whitepaper, please :)

When CSW sees it (probably "when he invented it") he may as well stop this futile task.

1

00100101011010 41 mins ago

We live in an age where factions of cryptocurrencies are basically at war with eachother... 👽

1

gonzales82 42 mins ago

What would be the most useful way to raise funds in support of defending against CSW?

1

CakeSpirit 50 mins ago

Jesus, bitcoin core devs need to develop a spine in their next update.

1

coinjaf 20 mins ago

Not their job. Let them do what they're good at.

1

kaells 59 mins ago

Fsck that guy. With the -y.

1

BashCo 1 h ago

I'm a little surprised that bitcoincore.org folded so quickly and I don't think it bodes well.

Download it while you can. https://www.bitcoin.org/bitcoin.pdf

1

midmagic 10 mins ago

Keep in mind that until now, nobody really knew the extent of it. If it were limited to just core, then the focus was just on core, and what could be done to ensure that hundreds of thousands of dollars weren't flushed down the toilet fighting a scurrilous legal battles while code wasn't getting written? Why fight behind a meaningless totem? Why die on one meaningless hill? Retrospectively, it's easy to find allies. In the moment? Who wants to become another martyr over an old document that's half-wrong/impossible anyway? (Satoshi was wrong about SPV proofs for example.) Pick another hill: the code, the project on github, the copyright for your own code. Defending an endlessly-copied document? Come on man.

1

coinjaf 21 mins ago

Another way to look at it: Best that devs, who were personally attacked in the CSW letter (even demanding personal address details), not be distracted to waste their time on this nonsense. No need to be exposed to DOS attacks. Others can and should take up the defense and shield Bitcoin and the devs from these attacks. (Rather than attack them even more, as Cobra is doing here).

1

keymone 1 h ago

This is the right response. Whitepaper was published in an email group, no mention of licensing or distribution restrictions. If there are any and if anyone is able to prove themselves to be satoshi - most will surely comply, until then CSW can lick my garbage can.

12

WallyBallsIsMyAlias 1 h ago

>Whitepaper was published in an email group, no mention of licensing or distribution restrictions. On this particular point, it doesn't matter. You own the copyright to anything you write automatically. You don't have to assert this right in any way. All the 'Copyright 2021' things you see on websites are legally irrelevant. The site owners own the copyright anyway. That said - it appears the whitepaper was released under an MIT license. If that's accurate, anyone can use it and there is no copyright violation.

5

_w1kke_ 1 h ago

Standup to the bully!

2

loreffe 1 h ago

I am disappointed with the reaction of the DEVs. Giving up in that way after the first legal letter is not a good example.

16

i_have_chosen_a_name redditor for 3 months 22 mins ago

They don't give a shit about freedom or free speech and neither do the mods here. As for the Bitcoin whitepaper, point 7 about saving disk space by removing your coffee tx from the blockchain but keeping the outer merkel hashes and point 8 about Simple Payment verification which allows users to be users and Bitcoin to integrate horizontally are not being worked on at all. I don't think core devs see Bitcoin as anything but a fun little hobby project that allows them to work on fancy math stuff and I think they rather keep Bitcoin as small as possible.

1

gonzales82 43 mins ago

You are welcome to raise funds in support of the project to demonstrate your conviction.

1

doko-desuka 11 mins ago

Why support a project being led in a direction he disagrees with? He would support the people whose views align with his own.

1

midmagic 1 h ago

(edited to remove polemic)

(edited)

** Edit: Yeah, after seeing the attackers pile on on Twitter, I retract my above comment. In spite of your accusations, I'm not going anywhere. Fuck those assholes. Thanks for telling CSW he can kiss your ass.

2

MenziesTheHeretic 2 hs ago

Cancel culture, censorship, marxism. Where is the world heading to?

0

mitchdtimp 1 h ago

Lol just stop

4

ToxicApexLegend 1 h ago

To hell if we allow it.

4

truthcancelled redditor for 2 weeks 2 hs ago

We will continue hosting the Bitcoin whitepaper and won’t be silenced or intimidated. Others hosting the whitepaper should follow our lead in resisting these false allegations.

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Aussiehash 2 hs ago

🖕

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7 2

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25 13 3

Redwood08 2 hs ago

Sounds like someone missed out

3

Party_Pat206 3 hs ago

74 yr old women trying to stop crypto? This is like when the senators were questioning Mark Zuckerberg...just looking super out of touch

3

RLMinMaxer 3 hs ago

Russia sure didn't need cryptocurrency to buy the White House for 4 years.

3

mister-rich 3 hs ago

Janet Yellen literally graduated college before the U.S. moved off of the gold standard. That means she studied economics before U.S. fiat currency was a thing. Why should she have any input on how new generations deal with new finance/currency technologies?

5

227onix 4 hs ago

Why are old people talking about the money of the future quick your crying and stick to your gold and silver

1

hipaces Platinum | QC: ETH 318, CC 22 | TraderSubs 315 6 hs ago

If you think the biggest banks in the world are about to let crypto take over their money laundering and drug cartel business, you better think again.

3

Chaxp 6 hs ago

Dumbest shit I’ve read all day

3

jsgrowing 6 hs ago

So, could they actually do anything that would hinder the blockchain?

1

ScomosHotGrandma Tin | 0 months old 6 hs ago

Last time I checked investing isn’t illegal, which is what most crypto is used for. Whether short term or long, people buy to sell.
Pretty sure most dealers aren’t accepting bitcoin

1

redditistrolls 7 hs ago

She is a swamp creature bought and paid for by banks

1

icanhazergz 7 hs ago

I didn’t read all the comments but it seems that there is an elephant in the room that is not being directly discussed. POWER. The arguments about illicit transactions are immaterial. As mentioned illicit transactions can and do happen with any currency. The issue is that crypto technologies have the potential to dramatically reduce the POWER of central banks and potentially destabilize economies. Any central banker worth their salt would be against something that would reduce their ability to “protect” their economy through monetary policy. Regulation is not a bad thing for crypto although, I heard someone smarter than me say something along the lines of “how good is your product if the only way it wins is to make competition illegal?” I’d like to hear Yellen or Lagarde support their rhetoric with actual facts that demonstrate how crypto is inherently more dangerous than fiat currency.

4

BitcoinBiskit 8 hs ago

Stfu granny

1

limabeanseww 8 hs ago

NOPE JANET

1

Martin2113 8 hs ago

dems want big govt and control

2

ksiazek7 Bronze 9 hs ago

The left's authoritarianism is damn fast

1

BAN_CIRCUMAURAL 9 hs ago

Also a teacher. Go fucking figure

1

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1

AllAboutTheSPY 9 hs ago

His SEC pick is Pro-Cryptocurrency. We fine

2

windcape 9 hs ago

Bitcoin is used for gambling (or “investing” as some people call it) and to buy drugs, so she’s not wrong lol

3

KlaatuChiangMai 9 hs ago

Wow that was fast. Flushing her credibility on this topic in one day.

2

SpiritualBiskit 10 hs ago

I’m not the type of person to blame age on these types of policies but in this scenario she is clearly too old to comprehend what Bitcoin actually is. That or she’s using the anti-technology sentiment for her own political gain.

3

daguzzi 10 hs ago

Re-introduce the $100,000 bill into circulation! Watch the illegal transactions explode!

2

doodle_robot 10 hs ago

Federal Reserve working on crypto dollar

2

daguzzi 10 hs ago

Of course she did. It’s threatens her product, fiat currency. Wipe out the competition.

2

BeardlessPete 10 hs ago

I agree. We should ban Bitcoin and go back to using only cash because cash has never been used for criminal activities ever.

2

tchalla - @tchalla Yesterday

Meanwhile, Germany’s 2nd largest stock exchange in Stuttgart trades BTC

https://www.bsdex.de/de/

CyberRabbi - @CyberRabbi Yesterday

There is no easy way to stop the Bitcoin network so if they really wanted to kill Bitcoin they would make it illegal to exchange Bitcoin. But then people would exchange it and just not report it anywhere, and they’d lose tax revenue.

I don’t think there is much they can do, except shut down companies like coinbase. That would also just lose them tax revenue.

sna1l - @sna1l Yesterday

I'm curious where the data shows that Bitcoin is used "mainly" for illicit transactions. [1]

[1]: https://markets.chainalysis.com/?range=30&asset=BTC#risk-ill...

nharada - @nharada Yesterday

This excuse seems flimsy to me.

A better reason for change: How about the fact that the Bitcoin network is currently estimated to use over 7 nuclear plants worth of electricity and that a single transaction uses like 6 households of daily electricity? The carbon footprint of Bitcoin is something like the city of Las Vegas. Can we fix that?

orange_tee - @orange_tee Yesterday

I was assuming the US/EU governments did not care much about money laundering through cryptos, cause it was mostly Chinese money leaving China and getting funneled into the West. So has the flow of Chinese money stopped?

me_me_me - @me_me_me Yesterday

> Janet Yellen on Tuesday suggested lawmakers "curtail" the use of Bitcoin amid terrorism concerns.

HAHAHA. That's where I ended the reading, as I know the pattern. Its just virtue signaling of finance world and politics. They are preping for taking control over the crypto sector. As it is actually starting to threat whole financial system, since companies are starting to put more faith in BTC as value store.

That is actually scary concept for government... well central bank and fed actually, since those guys know whats going on.

Anyhow the same people will be later saying 'free market this' 'free market that' on the next issue. Even though its absolutely contradictory.

balozi - @balozi Yesterday

There is already a vast shadow economy up and running in Asia, Europe and North America where crypto is king. That trade is not going back to the Dollar.

kache_ - @kache_ Yesterday

I foresee more and more government intervention trying to prevent people from using cryptocurrencies. I mean, the most common use case for a cryptocurrency like Monero is to dodge government taxes and make illegal transactions.

God bless the developers and cryptographers who are continuing on the good fight. And good luck to them too, because as their technology gains influence and threatens to usurp todays power, they will face resistance. Maybe the original authors of the protocols saw this coming, which is why they used fake identities like Satoshi Nakamoto, or Nicolas van Saberhagen.

I'm less worried about it becoming illegal (what are you going to do, ban math?), and more worried about the networks themselves getting compromised.

worker767424 - @worker767424 Yesterday

Might as well shut down Deutsche Bank while you're at it.

A lot of large media outlets reported that Deutsche would stop lending to Trump, but left out how bad it is if even Deutsche won't lend to you.

offby37years - @offby37years Yesterday

It’s not so much Bitcoin going up as the US dollar going down. An unprecedented fifth of all US dollars were printed just last year.

As predicted just two days ago[1], Bitcoin (and decentralisation in general) will be attacked under the guise of it being a vessel for circumvention of financial establishment right-wing censorship. "We must regulate it to prevent fundraising for another insurrection".

[1] https://news.ycombinator.com/item?id=25815634

anewaccount2021 - @anewaccount2021 Yesterday

This is just the beginning, and every major government in the world will be on board. In the end, fiat currencies are the foundation and core of every industrialized nation. There can be no alternatives. There's just no way bitcoin will be allowed to become an accepted medium for exchange. Janet Yellen is trying to provide early warning, although I doubt many will bother acting on it.

edit: welcome bitcoin bagholders/downvoters!

sekmet - @sekmet Yesterday

we will need to fight to keep our crypto money alive.... these communist suckers will try fuck everything to control us... be prepared!

na85 - @na85 Yesterday

>"Cryptocurrencies are a particular concern. I think many are used - at least in a transaction sense - mainly for illicit financing.

>"And I think we really need to examine ways in which we can curtail their use and make sure that money laundering doesn't occur through those channels."

Yuck, as much as I hate this argument, which is basically just the "think of the children" argument restated, I'm rather convinced that Yellen's point is true.

There are no legitimate uses for bitcoin that I can think of, other than:

- An instrument for speculative investing

- Sending money to dissidents in other countries

Neither of these seem like high-priority use cases that will suffer unduly from more regulation. By contrast the primary use case for bitcoin seems to be riding the speculation bubble, followed by buying stolen accounts/credit cards/identities and illegal drugs.

Show all comments on Hackernews

25 5

coinsfera 2 hs ago

It is exciting to feel the possible competition between BlackRock and Grayscale over the acquisition of Bitcoin.

2

AndreiFromAlberta Prudent ₿ull 5 hs ago

I hope they have the bright idea of shorting Bitcoin and end up getting REKT one day!

1

XBong 5 hs ago

Yeah... Blackrock ain't getting liquidated.

1

ironfordinner 6 hs ago

Blackrock makes more money off lending out shares they own to short sellers than they do off the actual shares.

Now imagine what they plan to do with Bitcoin

3

JazzyJayKarr Redditor for 1 months. 6 hs ago

There’s a good bot!

1

XBong 7 hs ago

Bitcoin futures? Fuck off blackrock go hide shit under your pillow like everyone else :(

1

ItsEntirelyPosssible 8 hs ago

Dope. In just in time to short.

0

SPlore 8 hs ago

Why is beneficial for blackrock investors to invest in futures instead of directly bitcoin. For example they put in $1000 in futures vs $1000 into bitcoin wouldn’t their gain be the same if bitcoin goes up?

3

out_caste 7 hs ago

Zero exchange risk or having to deal with custody of the coins. Imaging trying to distribute multisig addresses across multiple executives, having a back up plan if someone is corrupt or if someone dies. Huge headache, all while managing a wallet that has never been online, just trusting "what the IT guy said", in regards to trusting the private keys absolutely have access to the public keys. This is a perfect way to get exposure without spending millions of dollars on some chain of custody and intricate insurance to cover tail end risks.

3

Slow_Seaworthiness15 7 hs ago

Because companies don’t care about the asset. Let’s take oil for example, what would a hedge firm do with 100k barrels of oil? They would rather just sell the contract to someone that does need the physical delivery. It’s the same way with bitcoin. They don’t want to have to find ways to store it and secure it too much risk

4

SatoshiHeist Professor Satoshi 9 hs ago

This is huge... Could potentially drive spot markets up

1

my_alt_account 10 hs ago

This is huge..... fucking huge news. Doesn't get much bigger than BlackRock... dominoes are gonna start tipping soon. I doubted the 200k 2021 price predictions at first but I'm starting to get my hopes up...

5

TacticalWolves 10 hs ago

This won’t directly affect Bitcoin price but it will influence in the belief in Bitcoin. They are only investing in Bitcoin futures not directly buying Bitcoin.

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karnick80 6 hs ago

If a party over pays for futures contracts, a trader sells the futures and buys the underlying bitcoin—good for price ultimately

3

soundgarden134 7 hs ago

What does bitcoin futures mean? I'm a newb

1

my_alt_account 9 hs ago

I'm okay with baby steps.

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apstl88 10 hs ago

Well, if some crypto asset management platforms, like FWT for example, can bridge traditional finance features to defi i can't see why some giants from the "old fashioned" world couldn't do the same thing in the opposite way. They are not the first and surely not the last.

0

bitsteiner 11 hs ago

Pls note, BlackRock gets a "seat" in the White House. Brian Deese, to lead the National Economic Council. https://www.cnbc.com/2021/01/20/biden-executive-orders-rejoin-paris-climate-accord-revoke-muslim-ban.html

14

acmemetalworks 7 hs ago

Wow

2

z0qsgvtm229f redditor for 2 weeks 11 hs ago

It's deceptive at best, for now. Is it good for Bitcoin? Yes. They're trying to make sure their funds get exposure to Bitcoin for publicity, but don't have any real affect on the actual price of the asset yet. It's not much different than paper trading gold, except for one tiny little detail that ensures they cannot manipulate the market.

That detail? Unlike gold, this will have very little negative affect on Bitcoin because at ALL TIMES Bitcoin reserves can be verified and delivery capability expectations are high. You can't sell what you don't have when it comes to Bitcoin, unlike gold due to regulations and laws allowing it. The best example we have today JUST happened, eToro. They ran out of Bitcoin to sell and instead of selling paper Bitcoin like big banks sell paper gold they don't have, they simply turned off the ability to buy it.

Eventually, once they see they're missing out on buying the actual currency, we'll start seeing filing for purchasing Bitcoin through custodial services. This is just a first step.

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beyondthebarricade 7 hs ago

>You can’t sell what you don’t have. PayPal Would like a word.

4

IdleLobster 7 hs ago

Robinhood also wants to be consulted on the matter

5

TacticalWolves 11 hs ago

Why is the Bitcoin price not skyrocketing when eToro doesn’t have any Bitcoin to sell?

3

ZombieSlayer83 9 hs ago

If they're reselling it maybe they are waiting for this dip to accumulate and then sell high. Stack profits on top of trading fees.

2

z0qsgvtm229f redditor for 2 weeks 10 hs ago

Just because eToro has no liquidity on their platform doesn’t mean other exchanges don’t it either.

12

btc1mil Yesterday

We shall rally when btc rallies

1

voterosticon Yesterday

Only if they R awesome

2

MacLudovic Yesterday

Some nice fundamental support here

2

ojoski04 Yesterday

What stake price and at what timeframe do you think or do you presume they invest at?

1

SouthfieldRoyalOak Yesterday

This aside, fuck those people.

3

Crypt0fart 14 mins ago

This man bitcoins ☝️

1

86400theta Yesterday

Youre saying i can infinite leverage bitcoin soon?

2

KalEll66 Yesterday

Only if you have massive institutional money.

1

QBultler redditor for 4 days Yesterday

sorry for the newbie question: What is the difference between investing Bitcoin and Bitcoin futures?

1

KalEll66 Yesterday

Basically they can bet the price will go down which they probably all think according to that article cause of what your new treasury secretary has been saying the past day. She didn’t even start yet and said they are going after it.

4

Serinous Yesterday

Futures is a contract agreement between two parties to buy or sell the underlying asset/currency/commodity sometime in the future at a agreed upon price. Companies do this to hedge risk, asset managers do this to both hedge risk but also to bet on price going one way or another.

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QBultler redditor for 4 days Yesterday

Will this be good for Bitcoin price?

1

karnick80 6 hs ago

Futures Should dampen volatility. Generally in a new asset class, additional liquidity (whether it’s buying or selling flow) over the long run should be good for price appreciation and adoption

3

No_Perception5232 redditor for 3 months 11 hs ago

id be cautious

0

QBultler redditor for 4 days 2 hs ago

What do you mean?

1

ahmadajr1 Yesterday

So if they are buying Bitcoins futures what dictates the futures price ? My guess is the current price+ some margin, I have no idea how futures work.

2

You_Keep_The_Money Yesterday

Yes, the actual price of bitcoin at a point in the future dictates the value of their futures contract. Simple example. Bitcoin is at about 35K right now. Suppose Blackrock buys a 2 week futures contract to buy bitcoin at 40K. 2 weeks from now, if the real price of bitcoin is at 42K, then Blackrock gains 2K because they can buy bitcoin for 2K cheaper than it costs in the market at that time. If bitcoin were instead at 38K in two weeks, then blackrock would lose 2K essentially because they would be obligated to buy a bitcoin at 40K under the futures contract, but the value of bitcoin at that time is only 38K in the actual market. A lot of futures contracts are "cash settled", meaning Blackrock wouldn't actually have to buy a bitcoin at the end of 2 weeks under the hypothetical futures contracts i set out above. Instead, either Blackrock or the counterparty to its futures contract would just may a cash payment to the other that is equal to the difference between the futures contract price (assumed to be 40K in my example) and the actual price of bitcoin at the time.

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M13Calvin 8 hs ago

Almost. Only thing that is a bit different is most futures are options: they give you the option to buy at 40k, but you are not obligated to. The example you gave would be an "in the money call option" if BTC is 42k or "out of the money" if BTC is at 38k. Most people would choose not to exercise out of the money options and just lose the cost of the futures contract, which is much lower than 2k.

1

undadatunda 11 hs ago

can the system be rigged or manipulated if the fiat side has infinite money? for example money printer dude is involved but under 500 different fake corps lol

1

adsvark redditor for 3 months Yesterday

Does this mean that it wouldn’t affect bitcoin price because there is no real demand from a futures contract?

3

hairyblackhole 7 hs ago

It does affect the price due to arbitrage. If a lot of investors want to go long on futures then the future price will go up. If futures are trading at $42k but spot is trading at $40k, then I can go short futures and go long spot and make a free $2k / BTC, without taking any risk. I keep doing this until I drive the price of futures down enough and the price of spot up enough until they meet somewhere in the middle between $40k and $42k. Spreads almost never get this big in real life because there are algos out there hunting for, and exploiting, these arbitrage opportunities. The algos eat up all of the arbitrage as soon as it starts.

4

karnick80 6 hs ago

Futures contracts are vehicles that enable leveraged trading as well—only need to post margin to support the position as opposed to laying out the full purchase price of the underlying instrument. Also futures allow for shorting without worrying about finding a source to borrow collateral to sell and then repurchase later when closing the short

2

acmemetalworks 7 hs ago

Thx

1

You_Keep_The_Money Yesterday

Yeah exactly. Though worth noting that the futures market can influence the spot price market to a minor extent (indirectly). Some say it does so more in terms of tampering a rise than bolstering against a fall (unfortunately). Hard to say whether that's true. I guess it's fine, and in the long run it ultimately aids in providing stability to bitcoin's price. Increased institutional investors in this pace probably reduces likelihoods of sudden 10X jumps but also reduces likelihoods of sudden 10x declines. Edit: I do know that, generally, increased futures activity in a market **does** have an impact on spot price, and it can be good. I know some Ethereum traders that are excited that Ethereum futures are being added to the Chicago Mercantile Exchange, so they're implicitly assuming that the futures activity can help improve the ethereum spot price. I'm admittedly not an expert on how increased futures activity in a given market impacts the spot price in that market. If anyone reading this is looking to learn more, I'm sure you can google something like "impact of futures market on spot prices" and find plenty of literature/studies. They don't need to be cryto-based studies/articles since the general concept re: the impact of futures markets on spot prices should carry somewhat across asset classes. Similar, but distinct, concept applies to bitcoin options markets, which institutional investors have also gotten into more.

7

ahmadajr1 Yesterday

Good to know , thanks for explaining it !

4

coinfeeds-bot redditor for 3 months Yesterday

tldr; The world's largest asset manager, BlackRock, appears to have granted at least two of its funds the ability to invest in bitcoin futures. BlackRock Global Allocation Fund Inc. and BlackRock Funds V include “bitcoin” on their list of derivative products cleared for use. The funds may only invest in cash-settled bitcoin

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

39

No_Perception5232 redditor for 3 months 11 hs ago

you so good man

1

Fiach_Dubh Yesterday

Here's some context in an interview of Blackrock's CEO last month about Bitcoin with Mark Carney (former bank of England governor): https://youtu.be/YEq2vAg2zzw

5

jinzo222 Yesterday

This is really had. CME cash settled futures was what made BTC dump from 20k to 3k

0

LeagueOfEkko 11 hs ago

You're welcome I found a Jagd, I killed Montblanc. I need a zipline up there. Don't even need to spark to kill here? You had 5 bars already I feel like maybe there was an option. Should keep me afloat awhile at least. EDIT: Shit, I totally agree. This is something my mom does all the time .

2

Kangaroo_Low redditor for 3 months Yesterday

No, this would definitely add liquidity to the market. Miners likely selling futures, BlackRock will buy futures. This is a win win scenario.

6

toddgak 9 hs ago

What if BlackRock is selling futures? Wouldn't that count the same as 'investing'?

2

filthee Yesterday

The massive speculative bubble probably had more to do with that crash.

7

simplelifestyle Yesterday

BlackRock, the world’s largest asset manager with $7.81 trillion under management, appears to have granted at least two of its funds the ability to invest in bitcoin futures. BlackRock did not state which commodity exchange it will choose to execute bitcoin futures buys. However, the funds may only invest in cash-settled bitcoin futures. CME is the only exchange registered with the Commodity Futures Trading Commission (CFTC) that offers cash-settled bitcoin futures at this time.

This is good for Bitcoin.

7

TacticalWolves Yesterday

How? I don’t understand that part

3

simplelifestyle 7 hs ago

From another comment: > > Is it good for Bitcoin? Yes. They're trying to make sure their funds get exposure to Bitcoin for publicity, but don't have any real affect on the actual price of the asset yet. It's not much different than paper trading gold, except for one tiny little detail that ensures they cannot manipulate the market. > > That detail? Unlike gold, this will have very little negative affect on Bitcoin because at ALL TIMES Bitcoin reserves can be verified and delivery capability expectations are high. You can't sell what you don't have when it comes to Bitcoin, unlike gold due to regulations and laws allowing it. The best example we have today JUST happened, eToro. They ran out of Bitcoin to sell and instead of selling paper Bitcoin like big banks sell paper gold they don't have, they simply turned off the ability to buy it. > > Eventually, once they see they're missing out on buying the actual currency, we'll start seeing filing for purchasing Bitcoin through custodial services. This is just a first step.

2

Serinous Yesterday

Not directly because it’s futures settle in USD, but still good in terms of publicity and awareness. Shows that big managers are treating Bitcoin more seriously.

8

coinfeeds-bot Yesterday

tldr; The world's largest asset manager, BlackRock, appears to have granted at least two of its funds the ability to invest in bitcoin futures. BlackRock Global Allocation Fund Inc. and BlackRock Funds V include “bitcoin” on their list of derivative products cleared for use. The funds may only invest in cash-settled bitcoin

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

1

coinfeeds-bot Redditor for 3 months. Yesterday

tldr; The world's largest asset manager, BlackRock, appears to have granted at least two of its funds the ability to invest in bitcoin futures. BlackRock Global Allocation Fund Inc. and BlackRock Funds V include “bitcoin” on their list of derivative products cleared for use. The funds may only invest in cash-settled bitcoin

This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

1

LeagueOfEkko Tin Yesterday

Wait, I'm a bot for it? Thanks...

1

patrick351 5 hs ago

Who it do?

1

lonelycatcarrot Yesterday

Oh boy, shit just got real

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ChicagoComedian 9 hs ago

😬

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potatoes__everywhere Rheingold Yesterday

/u/JacquesBoum, vielen Dank für deinen Beitrag. Leider wurde er aus dem folgenden Grund bzw. den folgenden Gründen entfernt:

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1

BlatantConservative Yesterday

bioRxiv is receiving many new papers on coronavirus SARS-CoV-2. A reminder: these are preliminary reports that have not been peer-reviewed. They should not be regarded as conclusive, guide clinical practice/health-related behavior, or be reported in news media as established information.

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inmyhead7 Yesterday

Before everyone freaks out, the vaccine is most likely to still work. If needed, the mRNA vaccine can be updated to accommodate this new strain.

In the meantime, we need to shut this virus down quick with a global response. No more rampant infections which lead to mutations like this

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dignified_fish Yesterday

I continue to feel like the only way to stop this shit is a complete shutdown not unlike what new zealand did. But im just a carpenter.

2

inmyhead7 Yesterday

Jesus??

1

dignified_fish Yesterday

Yea. Kinda. But from the Midwest.

2

PanikLIji Yesterday

That's not ideal.

5

metallifuknca Yesterday

Thanks China

1

macazinc Yesterday

While not directly related to covid, this might be useful for people to take a look at before freaking out over the results in this preprint:

https://www.nature.com/articles/s42003-020-01278-5

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XoFoX1995 Yesterday

What dose that mean? because there is no solid evidence that even the guy who is inflected with the first version is immune to same version for so long and reinfection is inevitable. So just gotta live the life just differently for sometime and wear mask and social distance for a year and so.

Don't die from just bad news, because thats whats killing us not the real covid. Stay positive, love.

1

Mhra123 Yesterday

Oh, shit. This is the worst possible news. Was about to go to sleep goddamit.

0

the-player-of-games Yesterday

Actual abstract of the paper

SARS-CoV-2 501Y.V2, a novel lineage of the coronavirus causing COVID-19, contains multiple mutations within two immunodominant domains of the spike protein. Here we show that this lineage exhibits complete escape from three classes of therapeutically relevant monoclonal antibodies. Furthermore 501Y.V2 shows substantial or complete escape from neutralizing antibodies in COVID-19 convalescent plasma. These data highlight the prospect of reinfection with antigenically distinct variants and may foreshadow reduced efficacy of current spike-based vaccines.

OP needs to stop editorializing titles for clickbait

22

chovybizzasser Yesterday

the globalists are evolving!

0

collegemathchef 1 day ago

The vaccine elicits a polyclonal response, and there are other things like t and B cells involved. Vaccine will almost certainly still be okay

10

TacoDog420 1 day ago

Definitely seems to be the case based on https://www.biorxiv.org/content/10.1101/2021.01.15.426911v1. Looks like current antibody therapies may be in trouble, but current vaccines will be okay for a while.

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collegemathchef 1 day ago

Yeah that seems to be it. Seems like the vaccines will be our last gate, but it's not infinitely strong. Let us pray that we can at least make it to 2022 before a new variant blows it open

3

Mob_Nice 1 day ago

This is bad, but not the end of the world. Just want to calm some peoples nerves.

At worst this variant could reduce the vaccines efficacy, but it's unlikely it would be able to evade it all together.
The mRNA vaccines can be updated in as little as six weeks and probably wouldn't need fully fledged trials again like they've already had.
Despite this evidence there hasn't been a noticeable spike in re-infections (correct me if I'm wrong) which is a good sign.

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onetruedogwoog Yesterday

It cannot evade vaccines currently because we are targeting the spike the virus spike has to change to render vaccines worthless and by doing that the virus can't latch on to ACE

1

Milossos Yesterday

> Despite this evidence there hasn't been a noticeable spike in re-infections (correct me if I'm wrong) which is a good sign. The Question is, how good is the data we are getting from south africa. It's not prevalent enough anywhere else yet that we could say one way or the other.

2

bacharama Yesterday

In the event that the mRNA vaccines are quickly updated, what happens to the millions who have already received a vaccine by that point? Do they have to go back on a two-dose regimen, thus starting the whole vaccine process over again for the populace at large?

1

Milossos Yesterday

Yes. One Dose could be enough, as the strains are realted and the body might already have partial immunity, but you couldn't say without large scale trials, that would take months. So just vaccinating people again with two doses is probably easier/faster.

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Udjebfk 1 day ago

What about the other vaccines? Can they be updated?

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Mob_Nice 1 day ago

Yes but not as quickly. One of the benefits of mRNA. I have no idea how long it would take AstraZeneca or J&J to update theirs.

3

Milossos Yesterday

The problem there is also that there could be potential problems if the integration into the host-virus isn't done right. So not sure if any regulatory agency would approve such a changed vaccine without a full set of new trials, that could take months.

1

MrDataSharp 1 day ago

“While antibody effector functions elicited by infection and vaccination have been implicated in protecting from reinfection and disease 35, 36, the role of non-neutralizing antibodies and the efficacy of T cell responses to 501Y.V2 remain to be elucidated. Ultimately, the correlates of protection against SARS-CoV-2 infection and severe COVID-19 disease remain undetermined and rely upon ongoing large-scale clinical trials.”

The immune system extends beyond neutralizing antibodies. This is bad news, but we don’t know what it will mean in clinical reality.

New monoclonal therapies can be developed. New vaccines can and are being developed. Let’s have some faith.

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DNAhelicase 1 day ago

Please read before commenting

Keep in mind this is a science sub. Cite your sources appropriately (No news sources, No Twitter). No politics/economics/low effort comments (jokes, ELI5, etc.)/anecdotal discussion (personal stories/info). Please read our full ruleset carefully before commenting/posting

1

P-Taters 1 day ago

December 50th, 2020.

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Mob_Nice 1 day ago

this joke wasn't funny the 1000 times i heard it before.

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wotantx 1 day ago

March 4018, 2020.

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GallantIce 1 day ago

Yes, [preliminary], [need much more data], [T cells], [vaccines different], [etc].

But irrespective of all this, I find this very concerning (combined with the epi data, convergent evolution, etc). RBD and NTD mutations & deletions.

37

NotAnotherEmpire Yesterday

"Escapes" is the correct word in this paper << "When these same samples were assessed against the 501Y.V2 virus, nearly half (21 of 44, 48%) had no detectable neutralization activity, with only three samples (7%) retaining titresof ID50>400 (Fig.2a-right). Notably, all three of these samples were obtainedfrom individuals reporting severe disease who had some of the highest neutralization titres against the original virus. To define the location of dominant escape mutations, neutralization was also assessed against the RBD chimeric viral construct containing only three 501Y.V2 mutations (K417N, E484K, N501Y) (Fig.2a-middle). Asubstantial loss of neutralization wasalsoobserved against the RBD-only mutant, with 27% of the samples losing all activity against the RBD triple mutants, while only 23% retained higher titres of ID50>400. These data provide more evidence forthe dominance of Class 1 and Class 2 neutralizing antibodies in polyclonal sera. However, the differences in neutralization betweenthe RBD-only chimera and 501Y.V2 also highlight the contribution of 501Y.V2 NTD mutations (L18F, D80A, D215G, and Δ242-244) to neutralization escape. This was particularly evident in the higher titresamples, which retained an average titre of ID50680 against the RBD-only mutant. << My comment: The NTD mutation appears to be beneficial to escape. That the total package in a (very viable, wild) virus does this is a much bigger deal than "E484K mutarion may mean reduced neutralizing activity." Lower titers - correlating to the large majority of SARS-CoV-2 infections in a representative population - didn't work at all on the variant. This thing has evolved to be evasive against a human immune response. It's not merely more infectious - although it appears to be as well from other assessments and has N501Y - it can dodge antibodies created fighting what had been the virus in the first wave.

0

helembad Yesterday

The presence (or lack) of antibodies is far from being the only indicator of immunity. We already know that antibody may decay after a few months, and that could imply the potential for reinfection in some people.

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einar77 PhD - Molecular Medicine 1 day ago

At this point, it's time for experiments in animals, I'd say. We can stay all day wondering if neutralization works or not, if it correlates with protection or not, but given the complexity of the whole thing, challenge experiments are a must. EDIT: Figure 2A with regards to neutralization activity shows a (by eye) lower presence of escape sera in patients which had high neutralizing activity against the wild type variant. This may be as well a random effect but in my opinion needs to be evaluated more. It looks (one would need more samples and a proper statistical test) that the lower the original titer, the higher the chance of escape. At this point, I wonder if vaccines, which elicit a far stronger immune response, would be able to withstand the change. Of course, this is all speculation because the relationship titer - protection is unknown.

42

smoothvibe Yesterday

Why animals? The UK already had planned to do voluntary challenge experiments with humans. With other animals we still won't have a complete picture.

2

NotAnotherEmpire Yesterday

In this case, it would be testing a hypothesis that the human wouldn't be protected by vaccine or prior immunity. That proposal amounts to "can we give an otherwise healthy person severe COVID, which we cannot cure and may do permanent damage."

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Itsallsotiresome44 Yesterday

Governments send people off to die in war all the time and thats okay, yet if somebody gives their informed consent to be the subject of an important and possibly deadly experiment in a world emergency thats suddenly an ethical conundrum? Jeeze Louise.

1

einar77 PhD - Molecular Medicine Yesterday

Because animals are for sure easier to handle and might still give some important information. I'm not sure when and if challenge experiments will start.

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ohsnapitsnathan Neuroscientist Yesterday

The other thing we can look at is how it's behaving in a real human population, which can give us a better sense of how it interacts with the whole immune system. Unfortunately there's not a whole lot of data on this yet but what there is suggests that it can escape immunity in some, but not all people with a previous infection. >[Assuming complete cross-protection, we estimate 501Y.V2 is 1.50 (95% CrI: 1.20-2.13) times as transmissible as previously circulating variants. Assuming instead that 501Y.V2 is identically transmissible, the new variant evades 21% (95% CrI: 11-36%) of previously acquired immunity. Reality may lie between these extremes, with an intermediate increase in transmissibility and mildly imperfect cross-protection from past exposure. Though our analysis does not identify where on this spectrum 501Y.V2 lies, the entire range has serious public health consequences.](https://cmmid.github.io/topics/covid19/sa-novel-variant.html)

3

MameJenny Yesterday

Well, 21% of an escape from immunity doesn’t sound as terrible as I expected, and that’s the upper bound. My understanding is that vaccines work in a similar way to the immune response from being infected, but with stronger and more uniform (on average) effects. So is it right to interpret that the lack of huge numbers of reinfections is a good sign for natural immunity/vaccines as well?

4

einar77 PhD - Molecular Medicine Yesterday

For natural immunity, it is likely that some reinfections (with unknown severity at this point) might happen, although I'd love if we eventually found some biological data to justify why that happens. However at this point my main concern is with vaccine-mediated immunity.

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MineToDine Yesterday

When I compare the RBD column with the vaccine neutralization graphs for same (in the other paper) it looks to me that vaccine serum is more consistent. For the same changes in the RBD the neutralization drop is less significant in the vaccinees than in convalescents. That said, I think we might need a multivalent approach to vaccines in the not too distant future.

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einar77 PhD - Molecular Medicine Yesterday

That's a given: relieving results are also no excuse to be complacent and not keep an eye on variants. More countries need to ramp up surveillance so that we know in advance the problematic variants, and we can mount a defense before things get out of hand. That said, I'm hopeful that such changes in vaccines will happen *after* we're out of this mess.

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dankhorse25 1 day ago

It all comes down to how many different classes of neutralizing antibodies someone elicits. The more the better. Edit. There is an issue with animals because the human Fc part is not working on most animals, although I think it works in some NHP.

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the_timboslice 1 day ago

Would these mutations make this variant more infectious but less severe by any chance?

7

DJTHatesPuertoRicans 1 day ago

Worse, this initial data indicates that if you had run of the mill COVID-19 and recovered from it your immune system wouldn't recognize this new strain allowing you to be reinfected. Potentially, this could mean the vaccines wouldn't be effective against it as well. That's the real danger in letting a disease spread unchecked, each host gives it a small chance to evolve new characteristics. Give it enough hosts and not even people in Madagascar are safe.

22

UFOThrowaway88 Yesterday

Read another thread just posted here in COVID19, can’t link it, however it appears the vaccines although slightly less effective provide sterilizing immunity against this strain and the UK one as well

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[deleted] 1 day ago

[removed]

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88---88 Yesterday

This is absolutely baseless speculation. Without lockdown, any virus has increased opportunities to mutate. Brazil, Nigeria, and the UK didn't have severe lockdowns at the time and still have ended up with more virulent mutations.

1

Blightking Yesterday

I really hate this take. There’s always selective pressure for a virus to become more infectious. Lockdowns couldn't matter less here.

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[deleted] 1 day ago

[removed]

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IMDbRefugee Yesterday

You're welcome! ;-)

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einar77 PhD - Molecular Medicine 1 day ago

> Potentially, this could mean the vaccines wouldn't be effective against it as well. Which does not seem to be the case. See the other preprint posted in this sub.

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boooooooooo_cowboys Yesterday

What are you talking about? The paper that you linked to below looked at a different variant than this one is. And they still saw a reduction in the degree of neutralization.

3

darth_tonic Yesterday

“However, activity against SARS-CoV-2 variants encoding E484K or N501Y or the K417N:E484K:N501Y combination was reduced by a small but significant margin.” The paper directly mentions the E484k mutation, which is of most concern unless I’m mistaken. It sounds like efficacy may take a small hit (though again, immunity is more than just neutralizing antibodies), but we’re not yet looking at an escape scenario. Unless the NTD deletion is the key determinant... but that would be baseless speculation on my end.

15

einar77 PhD - Molecular Medicine Yesterday

A reduction is not escape, though. And from my reading of this preprint and the other one, the main difference in that other preprint (aside the fact that they were using vaccinated sera there and here we have convalescent sera) is the lack of the deletion in the NTD. The other key mutations (in the spike) are there as far as I can see. But soon we'll know for sure.

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Evan_Th 1 day ago

Which preprint? I’m probably not recognizing the title.

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einar77 PhD - Molecular Medicine 1 day ago

It's https://www.biorxiv.org/content/10.1101/2021.01.15.426911v1

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woohalladoobop Yesterday

what am i missing here? my reading of the abstract is that 14 of 17 existing mABs do not effectively neutralize the mutated virus, which seems bad!

2

idkwhatimbrewin Yesterday

I had the same question in the post about that paper but those 17 mAbs were the selected as highest potency to test but there were 84 mAbs in total and when measured together the neutralization was similar to those with natural infection. I agree that the paper was confusing though, hopefully someone smarter than me replies to my comment to clarify.

1

CloudWallace81 Yesterday

I can already guess which of the two pre-prints will be largely covered by the general media and twitter...

0

Evan_Th 1 day ago

Thank you! I'm greatly relieved.

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boooooooooo_cowboys Yesterday

That paper isn’t looking at the same variant as this one.

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birnbaumone69 Yesterday

Yes it is

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Milossos Yesterday

It is looking at 501Y, which as far as I can see specifically isn't the same as 501Y.V2. Correct me if I'm wrong.

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TacoDog420 1 day ago

I’m super curious about how T cell immunity interplays with these new variants. Obviously the focus so far is on antibodies due to relevance and ease of doing the experiments, but knowing how CD8+ T cells fit into the equation will be the most illuminating in my opinion.

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einar77 PhD - Molecular Medicine 1 day ago

Indeed. And that would need to be checked in both recovered people and vaccinated people.

13

PerfectSaucer 1 day ago

No! God please no!! Noooooooo

0

slavamedvedanko 1 day ago

Explain this to me like I’m 7

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wacko_bryan 1 day ago

Vaccines don’t work

0

Mob_Nice 1 day ago

this is bad information. a better way to put it is: "vaccine may be *less effective."*

2

wacko_bryan Yesterday

Much less effective

1

mynewaccount2200 1 day ago

Regenerons antibody cocktail doesn't work on it

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ab2140 1 day ago

This version of the virus basically escapes the wrath of COVID-19 anti-bodies. If this version takes off then, from the perspective of our immune system, we are dealing with two different viruses.

0

StonePlastic 1 day ago

No, if anything, it will make the vaccines a bit less effective. Sars 1 produces antibodies that can bind to covid 19. A covid 19 'variant' is not just going to evade our immune system. If it escapes our immune system, then we're looking at completely different strain.

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completelyperdue 1 day ago

Right, so quite possibly the vaccines that have been developed might not be effective against this virus.

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StonePlastic 1 day ago

They will be effective but maybe not as much.

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TacoDog420 1 day ago

Some data to support that pont: https://www.biorxiv.org/content/10.1101/2021.01.15.426911v1.

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Bbrhuft 1 day ago

I've suspected fur a couple of weeks this variant, 501.V2 in South Africa, and the 501.V3 variant in Brazil, popped in areas that previously reached herd immunity. That herd immunity provided selection pressure to evolve mutations that could circumvent antibodies and reinfect people, kicking off 2nd waves. Manaus experienced a second wave, despite apparently reaching herd immunity last November (76% catching the virus). Some were sceptical of the antibody study, but this paper on immune escape supports this idea. That said, they say the mRNA vaccines can be updated in as little as 6 weeks. The technology is a revolution, allowing rapid development and update of vaccines. Edit: >The independent emergence and subsequent selection for two distinct 501Y lineages with key mutations conferring neutralization resistance strongly argues for selection by neutralizing antibodies as the dominant driver for SARS-CoV-2 spike diversification.

0

collegemathchef 1 day ago

It’s been debunked that they hit herd immunity. That’s misinfo

2

Bbrhuft Yesterday

I'd like to read about it being debunked, do you have a link? Here's the paper. I know a weakness people point out is that they used blood donors, rather than a random sample (which would have been better). Buss, L.F., Prete, C.A., Abrahim, C.M., Mendrone, A., Salomon, T., de Almeida-Neto, C., França, R.F., Belotti, M.C., Carvalho, M.P., Costa, A.G. and Crispim, M.A., 2020. [Three-quarters attack rate of SARS-CoV-2 in the Brazilian Amazon during a largely unmitigated epidemici](https://science.sciencemag.org/content/371/6526/288.abstract). Science. Vol. 371, Issue 6526, pp. 288-292. DOI: 10.1126/science.abe9728

1

Helpful-Error 1 day ago

I am not 100% convinced as of yet that it really does evade the vaccines to a meaningful degree. As of now all we know that there is a chance. There is also a chance that it only lowers the efficacy by some percent while still giving meaningful protection. If it did end up making the current vaccines close to worthless though, even a 6 weeks update seems to be quite bad to me though. It is taking the world many many months to vaccinate a meaningful percentage of the population and that is with many vaccines being already pre manufactured prior to approval. If we have to wait 6 weeks and then start a new round of vaccine manufacturing and distribution it would throw us back by at least another year. Let us all hope that these versions of the virus only lower the vaccines efficacy and don’t manage to almost completely circumvent them.

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idkwhatimbrewin 1 day ago

6 weeks is just how long it would take to make a new vaccine at scale. They would still need to do some amount clinical trials before approval. They could probably point to a lot of the data generated from the current vaccine and skip most of the process but the FDA certainly wouldn't approve it without at least some clinical data.

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Bbrhuft 1 day ago

Yes, they say that in the paper, that vaccines should remain effective, but it will likely make most monoclonal antibody treatments ineffective, including some still in development, as they target the area of the Spike changed by the E434K mutation. That said, they are worried about future mutations, so they need to be able to update vaccines quickly if necessary or design vaccines that target some other part of virus.

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ab2140 1 day ago

This is obviously very bad news.

A video about it:

https://www.youtube.com/watch?v=Ja_tLG8CLAc

0

daniereiichan 1 day ago

„The lack of increase in reinfection rates or alteration in mortality patterns may suggest it is not the new variant to blame, but government policy and differences in behavioural patterns of those infected.“ From the video you posted, a comment which I enjoyed quite a lot from Snow Leopard.

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Bbrhuft 1 day ago

However, the UK variant is probably as infectious, since the increased infectiousness is mostly due to the N501Y mutation that all 3 variants share (501.V2 in South Africa and 501.V3 in Brazil). We might have a situation where the UK variant becomes dominant and blocks the spread of the South African and Brazil variants, but remains susceptible to vaccines. Then as vaccine immunity increases, we may end up with infections of immunized individuals by 501.V2 and 501.V3. The mRNA vaccines can be updated in 6 weeks.

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ImEveryTuna Verified Specialist - PhD (Neuroscience) 1 day ago

Yeah but regulators would certainly require new clinical trials for the updated vaccine. So I would hope they're working on it already.

5

gringewood 1 day ago

Updated in 6 weeks is what they say, hopefully that’s correct. I’m also curious how production will go with two concurrent vaccines being produced? Or would a single vaccine be updated to protect from both.

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eselquinoa Yesterday

TIL the UK has citizens. Didn't they used to be subjects?

1

lordnikkon Yesterday

I love that UK has to offer them visas even though they are british subjects. Only UK could create a type of citizenship that is completely useless and does not allow you to live in country of citizenship

2

DeathToTyrants101 Yesterday

Can they vote?

1

lordnikkon Yesterday

no. british national overseas citizenship grants no rights to anything. It is the ultimate second class citizenship. You were ruled over by the british for 100+ years and they gave you parting gift of citizenship that gives you no rights and is barely recognized even by its issuing country. If this is your only citizenship you literally dont have the right to live anywhere as china does not recognize it

2

ArUsure Yesterday

I though one of the reasons they left the eu was immigration

2

Fanttasio Picardy (France) Yesterday

These immigrants are "light-skinned" enough to their tastes I imagine

0

veegib Gibraltar Yesterday

I really hope the vast majority of them do not come over. We can barely deal with the current population imagine adding 100s of thousands more people from a culturally/ethnically different aging society which will exacerbate the current issues were dealing with now.

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Psychological_Emu435 Russia Yesterday

That's fucked up. There is no way they will handle 5 millions

3

LingCHN Yesterday

> There is no way they will handle 5 millions I think the UK government doesn't expect 5 million people to come, if 5 million people come, the government will backpedal.

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20_Bucks_Is_20_Bucks FedEU|Free Hong Kong 1 day ago

Would absolutely love it if the EU offered some help, like paying for several airplanes.

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FurlanPinou Italy Yesterday

I wouldn't, we have many other issues for which money is required. Wasting it on Hong Kong would be a huge mistake.

0

Mr_Headless United Kingdom Yesterday

Ah yes, spending money on aiding people being oppressed by a brutal, authoritarian regime is ‘wasting money.’ I’ve personally met former HK’ers, a family has moved in down the street from me, and let me tell you the regime and its brutality do not just extend to those on the streets with umbrellas. Anyone with any sense of moral fibre, or in possession of a spine, would happily harbour or give aid to these people; the European Union cannot crow about democracy, human rights and the rule of law if it quietly enriches itself from a dictatorial regime like China and the suffering of its people. The UK is doing everything in its power to give residence to HK’ers and provide the necessary infrastructure and support for them to both live and prosper here. You also seem to forget they’re one of the most skilled workforces in the world. Calling China an ‘ally’ is a slap in the face to the thousands who’ve been starved, shot, rolled over by tanks and kidnapped for simply expressing their desire for freedom of expression. I would’ve thought Italians, of all people, would be hesitant to side with dictatorships after the twentieth century.

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FurlanPinou Italy Yesterday

Man we're all living in dictatorships with the illusion of choice, China is only less hypocrite about it.

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Mr_Headless United Kingdom Yesterday

"We all live in dictatorships." No we don't. You don't get dragged out of your bed and beaten for criticising your government. The type of ignorance you harbour is what allows regimes such as China and earlier examples such as the Nazis and Mussolini to rise unimpeded. Ineptitude on a stupendous level.

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FurlanPinou Italy Yesterday

> You don't get dragged out of your bed and beaten for criticising your government Well that doesn't happen in China neither so... Anyway, we have already reached the Godwin point well before expected so let's just leave it here.

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Mr_Headless United Kingdom Yesterday

"It doesn't happen in China..." Jesus Christ. I may as well be attempting to have a conversation with a particularly dilapidated brick wall, so lets.

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20_Bucks_Is_20_Bucks FedEU|Free Hong Kong Yesterday

This will take very little money while the symbolic gesture would be worth much more.

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FurlanPinou Italy Yesterday

Symbolic in what? In pissing off our allies?? Italy has made huge commercial deals with China which was a very good thing, so ruining relations now is not a great idea.

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20_Bucks_Is_20_Bucks FedEU|Free Hong Kong Yesterday

You want literal Nazis as allies? Dude China is the enemy of all that is good in the world. Every loss for them is a win for us. Don't be stupid.

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FurlanPinou Italy Yesterday

You sound like the stupid one with that talk. Sounds like a movie where you have the bad guy against the good guy, man get back to reality because life is not like that. China is a great country and you should maybe learn more about them before judging like that only based on some western propaganda you've read.

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lucasdelinkselul Yesterday

Yes, except for the genocide happening in Xingjiang, the occupation of Tibet, the absolute atrocious general record on human rights. Lovely place really, except they make Nazi Germany look like a holiday resort.

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FurlanPinou Italy Yesterday

> Nazi Germany look like a holiday resort. Such ignorance is astounding.

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lucasdelinkselul Yesterday

True, the Nazi's were at least open and upfront about their massacres, the chinazis are trying their hardest to keep the millions in camps under wraps.

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20_Bucks_Is_20_Bucks FedEU|Free Hong Kong Yesterday

I need you to pick up a newspaper and educate yourself. No first pick up a history book, 1949 ought to be a good start year. No actually with this comment you just made I need you to tell your bosses that I am sorry about anything wrong I have said about the great People's Republic of China, the one and only China, which Hong Kong and Taiwan are part of. Please don't send assassins after me. I was misguided by liberal Western media where they don't even censor what they say, I can even go on Youtube and watch fake videos of concentration camps which don't exist in China but in evil US and EU. 我向偉大鞠躬習近平和我從天上履行他的任務。

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FurlanPinou Italy Yesterday

Ah the classic reply. If someone doesn't agree with you and sympathises with China it means he is a paid shill. Won't loose more time talking with brain dead people that can't think for themselves, have a great day!

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20_Bucks_Is_20_Bucks FedEU|Free Hong Kong Yesterday

Yes sir! I am sorry for stupidity, please don't reeducate me sir!

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j12329lk2 1 day ago

Wonderful news! But UK should be careful about CCP sympathizers taking advantage as well.

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LingCHN Yesterday

The UK does business with China all the time, they don't care very much about ideology like some people think.

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Romek_himself Europe 1 day ago

they have to replace the underpaid fruit pickers from east europe

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Hopeful_Record_6571 1 day ago

This is, quite frankly, great news. HonkKongers are great people culturally and should fit right in.

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this-one-is-faulty 1 day ago

...The English as a whole are not very welcoming to large influxes of people that are...different.

They just had Brexit because of how much they hate everybody else... and now Boris wants to pack in another million or two into an already crowded country.

That will be fun to watch.

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InterimNihilist 1 day ago

China isn't gonna let this happen that easily is it?

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KnoFear The Spectre Haunting Europe 1 day ago

Curiously, the overwhelmingly positive reaction this sub has to this will not be mirrored when looking at other immigrants. If this were to be applied to a dictatorship in the Middle East, I'm sure people here would be tearing their hair out decrying those fleeing as terrorists, criminals, and/or general scum.

0

MemoryCardFound Ireland Yesterday

As someone who had a positive reaction to this: I think every country should think about itself when the topic of large scale immigration is brought up. Demographic change is forever. I envy the Middle East for seemingly being able to control who comes into their countries and not get demonised for it in the press.

1

KnoFear The Spectre Haunting Europe Yesterday

You envy brutal, highly religious conservative dictatorships? Because that's what the vast majority of Middle Eastern countries are. Not to mention most of them have pretty significant migrant populations which they don't strongly control because border policing in much of the third world is less strenuous than it is in developed nations.

3

MemoryCardFound Ireland Yesterday

>You envy brutal, highly religious conservative dictatorships? Nope, it's weird if you read that. Here's what I said: >I envy the Middle East for seemingly being able to control who comes into their countries and not get demonised for it in the press. I never mentioned their religious or conservative side. I'm talking about their border control and how they're not focused on in the international community for it or guilted into financially supporting anyone who turns up at their door. Hope that clears it up for you!

1

HotTopicRebel :wto: WTO 1 day ago

There goes any hope of Britain getting back into the EU. China won't forget this.

3

ThoughtsFromMe123 1 day ago

Definitely not anyone’s first choice. Uprooting your whole family when not so long ago Hong Kong was doing just fine.

1

turboturgot :globe: 1 day ago

This is incredible. I wish America would join in. But has the UK talked about where they're going to house these generally well off migrants? This should be done in tandem with heft housing liberalization.

11

realestatedeveloper 1 day ago

It won't be. Much like Brexit itself, this is political opportunism and fundraising masked as a moral stance.

0

jestes15 1 day ago

I wish the US would do this

2

Amtoj :commonwealth: Commonwealth 1 day ago

Let Canada have some of these guys too, dammit.

3

cirillaismycrush 1 day ago

"Perfect immigrants" not like what we currently have. Bruh will we ever be able to live as one society without hating on each other ethnicity?

3

makterna 1 day ago

Nu kommer skrikvänstern gå i taket igen. De vill ju att alla som immigrerar till väst ska vara muslimer.

1

SnowbackMcGee 1 day ago

I would like to see a Commonwealth visa for these refugees. They can go to any British commonwealth country.

3

plummbob 1 day ago

this is beautiful

5

venkrish :friedman: Milton Friedman 1 day ago

based Boris? could more immigration be their remedy for the economic hit from Brexit?

16

Ximenyr Yesterday

maybe he could even persuade them to move to Scotland and vote against independence

2

half-spin recognize Artsakh! 1 day ago

"These are the well-washed immigrants we wanted"

0

GavinShipman Northern Ireland 1 day ago

They’re political refugees.

12

LingCHN Yesterday

A lot of Chinese immigrants emigrate for higher wages, not for politics.

1

alfdd99 Yesterday

So are millions of people from Africa and South America, yet the level of acceptance of these people from Europeans is not nearly as much as the solidarity that people from Hong Kong get. And don't get me wrong, fuck the CCP, and I'm all for supporting people from Hong Kong, but as Venezuelan, it feels kinda shitty to see my people struggle so much to find a visa to go anywhere, and Hong Kongers are having it much easier simply because China appears more on the news.

6

Aromatic_Pizza_543 Yesterday

Haven't a lot of Venezuelans gone to Spain?

3

alfdd99 Yesterday

Yes, we have a fuck ton of Venezuelans (myself included, living in Spain right now). But it's not because Spain is so cool to give away refugee status to everyone, but rather a mixture of different paths: - Many Venezuelans have Spanish citizenship thanks to ancestors, as lots of Spanish people migrated to Venezuela after the civil war. This is how I'm legally Spanish despite being born in Venezuela. - If you're fortunate enough to be in the middle class and you have some money saved, maybe you can invest in Spain buying a property or starting a small business. The amount needed to get a residence permit this way doesn't involve a lot of money. - studying in Spain. If you're a student, it's usually pretty easy to get a residence permit after you graduate. - work permit. Not really that common, but I do know a couple of Venezuelans that managed to find a job in Spain from Venezuela, and they could get a visa. - refugee status: way more difficult than people think. I do know a couple guys that got it, but these were students that were involved in the protests, and were imprisoned and tortured by the regime. They actually had to prove this in order to get refugee status. - illegally: sadly, this is becoming the most common option for a lot of Venezuelans. Spain thankfully is not so tough on deporting immigrants, so most can stay in Spain, and after some years, if you can prove you were in Spain (even if illegally), they usually give you a residence permit. A lot of people simply ask for a refugee permit when they arrive in Spain, and since approving it takes a lot of time, they can't deport you in the mean time. If it gets denied, luckily you'll have been enough time in Spain to apply for a residence permit anyway. But it's quite tough in the meantime, as obviously you can't get a good job, or rent an apartment if you are here illegally, and they usually have to survive with whatever they can find.

3

GavinShipman Northern Ireland Yesterday

In the UK’s case we’re helping out because we were joint signatories with China in the handover of Hong Kong. When China continuously breaches the agreement made, erodes democratic institutions, we have an obligation to respond. I’m not fully clued on the situation in Venezuela, have Spain or the US done anything to help out?

5

alfdd99 Yesterday

> I’m not fully clued on the situation in Venezuela, have Spain or the US done anything to help out? Regarding the US, not really. Trump has acted "trying to look tough" with Maduro, and he has supported the Venezuelan opposition, but when it comes to accepting refugees, Republicans have voted against it. Hopefully it will change with Biden, as Kamala wanted to give Venezuelans protected status, like Cubans or Nicaraguans have. With Spain, I know the process to become a refugee is not straightforward at all, and there's lots of bureaucracy and waiting to become one. I'm fortunate enough to have Spanish citizenship, but I know plenty of people who are here illegally, in some kind of legal loophole, since they are waiting to see if their refugee status gets accepted (and they can't deport you until your refugee request gets denied), but they can't find legal jobs, they can't legally rent apartments, which means they're on a very terrible situation. As I said, I'm happy that people in Hong Kong are having so much support, but sadly, there are many countries in the world that are going through worse things, and they are not fortunate enough to appear in the media so frequently.

3

Guirigalego 1 day ago

That’s going to so upset all those British nationalists who wanted to “control borders”.

0

ThunderousOrgasm United Kingdom 1 day ago

Wrong. All the polling indicates almost unanimous support in the U.K. Including brexiters. Including right wing voters. Overwhelming support from all sectors of British society. It’s almost as if it was never a “fuck immigrants” vote no matter how much you repeated it and consumed outraged tweets screaming it.

23

Azlan82 England 1 day ago

Prefer people born under the British flag in Hong Kong to.euros.

1

Hand_Only England 1 day ago

I’m pretty cool with this actually.

20

TirNaNog84 Eire - British Isles 1 day ago

You seem to be mistaking controlled for closed.

23

Guirigalego 1 day ago

...if China sends tanks into Hong Kong

0

TirNaNog84 Eire - British Isles 1 day ago

Is that a song? A cryptic message to the beyond?

9

Guirigalego 1 day ago

My point is that Britain has no way of controlling how many of those 5.4 million come. Potentially all of them if China gets roughshod—as welcome and highly skilled as they may be that would be difficult to accommodate

1

TirNaNog84 Eire - British Isles 1 day ago

ah, yes. That is true. We could have 5 Million newcomers. Will be a logistics headache but they will be welcomed by most.

8

Guirigalego 1 day ago

Doubt the same people who spent years complaining about schools, hospitals and homes being taken up by 1,000,000 Poles who generally look and act like British people will be so happy to welcome 5M HK’ers no matter what they contribute to the economy.

3

TirNaNog84 Eire - British Isles 1 day ago

I think you'll find Brits are very welcoming, apart from those with prejudices. If you visit the UK and stay away from the woke snowflakes and their media outlets, you'll find most Brits are perfectly fine with people in need of aid.

13

Guirigalego 1 day ago

Giving Visas to 5.4 million people —equivalent to 8% of the UK population ...be interesting to see how that’s “controlled” or welcomed by the racists who took us out of the EU

0

DrunkenTypist Devon 1 day ago

Of the electorate 34% voted remain with everyone else voting leave or not bothering. Those areas such as Slough and Leicester with non-white British majorities voted leave. The offer of citizenship to BNOs is widely popular in the UK, a country regularly topping surveys on social attitudes towards race and immigration.

7

TirNaNog84 Eire - British Isles 1 day ago

The remainers didn't take us out of the EU. They hate foreigners, always going on about them.

6

AGoodCuppaTea Land of Hope and Glory (results may vary) 1 day ago

But I thought we all pined for the days of Empire? Surely we'd be happy with loyal imperial subjects coming. Only people I see complaining about it are Remainers who don't get the difference and lefties who are worried they'll vote Conservative. Anyway, this is control, "control" doesn't mean "closed", if our population doesn't like it we can end it without having to change all our trade arrangements, it's also kinda nice to have solidarity-based movement with people we actually do feel solidarity with for a change.

16

vbm 1 day ago

Make sure you all bring dim sum when you come over, yeah.

2

3

13 2

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1

Mcnst Yesterday

Has Brave stopped collecting BAT on behalf of verified sites, only to not allow such verified sites to either opt-out or to withdraw the funds like one should be able to do with an actual cryptocurrency?

https://blog.archive.today/post/621541311410995200/like-while-i-understand-there-is-an-issue-i-had

1

hdlyy Yesterday

should use Nano~ if u don't know how nano works, buy 1 nano and try it~

0

LEmp_Evrey Yesterday

People still use this scam browser?

8

tactics Yesterday

Better the small scammer versus the hegemonic scammers. But tell us how trustworthy Google and the Mozilla Foundation are :)

1

slavefavor Yesterday

I am not very familiar with browser stuff, what's scammy about brave?

4

Mcnst Yesterday

I was very excited about Brave because of Brendan Eich of Mozilla and JavaScript fame, but have since been disappointed for a number of reasons: * they don’t let you turn off automatic updates; ignoring the very real possibility of targeted attacks through an update channel, and just overall a nuisance of getting you over your hotspot limit at the wrong time; * they don’t allow site creators to opt-out out of the donations; so, [you can verify ownership of the site, but can’t opt-out of Brave using your brand to get free cash](https://blog.archive.today/post/621541311410995200/like-while-i-understand-there-is-an-issue-i-had); I interacted with the Brave folk personally, and I got the impression that these bugs are a *won’t fix* on purpose — because fixing them would reduce Brave’s reach — they’re just a free Chrome browser otherwise. This fact is not even hidden. Although they did remove at least [one long GitHub issue where people were complaining about these things](https://archive.is/2zdET). There’s also been reports that [they don’t allow certain nationalities from withdrawing the crypto](https://blog.archive.today/post/627318788932698112/jesus-christ-i-just-checked-the-github-page-via-a), and you have to provide a lot of PII in order to be eligible in the first place (which defeats the whole idea of having a cryptocurrency).

3

EternityForest Yesterday

Why must every single new decentralized tech get crapped down with Cryptocurrency integration, or some other nonsense feature like these automatic updates? Jami is one of the only existing usable ones. Decentralized advocates really need to learn from Bittorent, which is still better than most new projects. Easy, performant, local network friendly, no incentive layer, no perpetual history store, everyone loves it. Even IPFS has it's own nonsense, it's very focused on random access to individual files or even individual blocks, rather than complete collections, and it took a long time to get the idle traffic vaugely reasonable.

3

LEmp_Evrey Yesterday

Thankfully, someone collected a lot of relevant info [in a single blog post](https://aspenuwu.me/blog/dont-use-brave/), so i no longer have to try and dig up a billion separate articles sprinkled around. Have fun reading.

11

slavefavor Yesterday

just a big list of nothingburgers. lol shouldn't have taken a redditor seriously.

0

tactics Yesterday

I just scanned until I saw the Obvious Thing. Apparently the Wokists named him Problematic. There's rarely more to the store than that.

1

LEmp_Evrey Yesterday

Ah, stealing money is a nothing. I think we both successfully communicated both our positions now.

2

naasking Yesterday

From whom is it stealing?

3

LEmp_Evrey Yesterday

In the example case in the linked blog post, Tom Scott. But pretty much everyone's stolen from if they make money with online ads. Brave blocks the YT ads, thus cutting income. So far so every ad blocker user. But now Brave also has its own system of some dubious money pot filled by watching »good« ads injected by Brave. And the propaganda is that content creators shall receive from that money pot. Okay, sounds nice-ish. But the reality is that people don't see any of that money. Quoting the blog post: > Brave Bravely Rips Off Tom Scott > > Shortly before Christmas in 2018, Tom Scott, a youtuber who makes rather interesting and educational videos, was asked if any of the money being donated through Brave's "BAT" system (some cryptocurrency blockchain BS), he realized that the browser was fooling people into thinking they were supporting him, when in reality he didn't see a single penny. Eventually, this whole fiasco ended with Brave adding a warning to "unverified" creators, and with Tom sending Brave Software a formal GDPR "right to be forgotten" request. [4][5]

2

naasking Yesterday

> But pretty much everyone's stolen from if they make money with online ads. Brave blocks the YT ads, thus cutting income. So far so every ad blocker user. Right, so Brave is "stealing" in the same way that plenty of other users are "stealing". I assume, for consistency, you also criticize all of the ad blocking extensions as "stealing" too? > But now Brave also has its own system of some dubious money pot filled by watching »good« ads injected by Brave. And the propaganda is that content creators shall receive from that money pot. Okay, sounds nice-ish. But the reality is that people don't see any of that money. We have two intermingled questions here: 1. Is the business model Brave has implemented *technically sound*? 2. Has Brave implemented the business model *faithfully, transparently and honestly*? Authors don't see any of that money unless they sign up. I don't see a technical way around that. The anonymized ads and BAT model also seems like a good way to monetize free content without sacrificing our privacy, which thankfully breaks the total privacy shit show that is the modern web. So I think the answer to #1 is "yes". From the articles linked, the main issue seems to be that how Brave has implemented these is misleading bordering on fraudulent. I think these articles do a good job making the uncharitable case. I think it's important to consider the charitable interpretation for balance: the status quo is completely unacceptable but profitable, so Brave's competitors have deep pockets. Brave is trying to move the web into a better position, but given its novel business model and the opposition with deep pockets, they will inevitably make missteps. We should immediately and sharply criticize any such missteps of course, but that doesn't make Brave a scam as you initially posted. If Brave or the model that it pioneered actually wins appreciably marketshare, then we'll all be better off.

1

LEmp_Evrey Yesterday

> Right, so Brave is "stealing" in the same way that plenty of other users are "stealing". I assume, for consistency, you also criticize all of the ad blocking extensions as "stealing" too? Not quite. Sure, ad block users prevent making money. But Brave just substitutes ads for its own, farming money, promising that money, and then not paying it. So no, i don't see normal ad blocking as stealing. Not to say its not without its own questionable morailty. > So I think the answer to #1 is "yes". Yes, on paper it sounds okay. Like Patreon, but money farmed by showing you ads. Unless you stop for a moment and think: »Wait a minute.« Because such a thing already exists. It's called YouTube ads, etc. People uploading content to YouTube sign a contract for monetisation, and they receive a regular payout based on watched ads. By YouTube. So considering that I think the answer is *actually* a big »No«. Think about it. You are storming a super market, you lock away their cashiers, you install your own cash register there, because you don't like their, but you promise them to pay what you collected, *if* they subscribe to you. How does that not scream »what the fuck« to anyone? I also don't think that Brave's business model of »better ads, decided by us, with our own money pot« makes the web any better. I think it makes it worse. What would really improve the world of software, but now we enter the world of opinions, would be an operatin system level »Patreon« for tiny transactions. And then browsers can tap onto these OS payment APIs, and websites onto the browsers'. And then a news site can e.g. ask for a few cents for reading their content. Patreon's great, but not really suited/ergonomic for tiny spontaneous one-shot payments. That's how i think we'll be able to kill invasive ads. > but that doesn't make Brave a scam as you initially posted Given how i feel about micro payments for the world of software, and given how really questionable this invasive third party money pot of Brave is… No, i'm still of the opinion that Brave's a scam.

2

naasking Yesterday

> But Brave just substitutes ads for its own, farming money, promising that money, and then not paying it. But it does pay it, if you sign up. There doesn't seem to be a technical way around this. How else could they acquire your payment information? The only scamy part was presenting the donation window for people who hadn't signed up. That was definitely a terrible decision, but charitably, maybe it was a shortcut typical in software development. > It's called YouTube ads, etc. People uploading content to YouTube sign a contract for monetisation, and they receive a regular payout based on watched ads. By YouTube. So considering that I think the answer is actually a big »No«. If authors and consumers actually read YouTube's terms and understood their implicatoins, that would also yield a big "NO". That's kind of the point behind Brave's mission: take away the personal information as a commodity. > I also don't think that Brave's business model of »better ads, decided by us, with our own money pot« makes the web any better. I think it makes it worse. What would really improve the world of software, but now we enter the world of opinions, would be an operatin system level »Patreon« for tiny transactions. Brave allows you to do exactly what you describe. You can pay for BAT, let it do the microtransactions and not see any ads. So you've essentially agreed with Brave's vision, you just want it one level of abstraction deeper. I don't see how that's meaningfully different. Edit: to be clear, I'm not affiliated with Brave or even use it yet, though I might at some point. I'm just commenting on the stated goals and technical design.

0

UJ_Reddit Tin Yesterday

Brave and BAT is such a good idea but my god, their dev team is slow and their marketing strategy is almost non-existent.

Push BAT towards influencers and have them do your marketing for you.
Allow me to spend my BAT on subscription services like Netflix, NYT, Wikipedia etc..

15

onestrokeimdone Gold | 6 months old | QC: CC 42 Yesterday

inb4 a bitcoin maxi comes in here and says "brave is great, but BAT seems useless" and leaves and his comment is voted to the top. Brave is going to be the gateway to mainstream crypto adoption, and BAT is going to be a large part of it.

4

sgtslaughterTV Platinum | QC: CC 204, NANO 48, BTC 27 Yesterday

I personally think we will have to wait until Eth 1.5 to 'get there' tho...

1

DonDiegoSanchez Tin Yesterday

Exactly, Brave is the perfect tool for mass adoption. Doesn't matter if you're introducing to a wealthy friend that can invest or not. Brave and the BAT system represent every aspect of why CC will be the future, plus it's quite easy for anyone to switch from firefox or chrome to Brave and start the Crypto Journey safely and slowly.

5

Oxygenjacket Platinum | QC: CC 119, ETH 92 | TraderSubs 62 Yesterday

Jesus they took their time, this was a no brainer.

Is this company run by idiots?

0

Dat_is_wat_zij_zei Gold | QC: CC 78, XMR 34, ETH 20 | NANO 18 Yesterday

Brave is the first browser (of some size, at least) to implement support for IPFS, what are you talking about?

1

wakaseoo Yesterday

Actually not. Opera is nowadays the blockchain friendly browser. https://blog.ipfs.io/2020-03-30-ipfs-in-opera-for-android/

4

Dat_is_wat_zij_zei Gold | QC: CC 78, XMR 34, ETH 20 | NANO 18 Yesterday

Thanks for sharing, I was going off what IPFS themselves had said: https://blog.ipfs.io/2021-01-19-ipfs-in-brave/ *This is the first time a major browser has implemented native support for IPFS*

2

taqwalawaal Tin Yesterday

Has anyone done anything meaningful with their BAT token yet? Last time I tried, it cost about 95% of total coin to transfer the remaining 5%

15

pedobeheader666 Yesterday

Ive used some BAT for a Amazon gift card on Uphold.

1

LeagueOfEkko Tin 9 hs ago

Amazon thinks you need a cowboy hat!

1

taqwalawaal Tin Yesterday

What was the transaction fee like?

1

bwjxjelsbd Yesterday

I wish they switch to Cardano or something. Their fee is unbearable right now.

0

taqwalawaal Tin Yesterday

Is cardano feeless and would it be able to scale? I don't know much about that project

2

bwjxjelsbd Yesterday

Cardano fee is much cheaper than ETH rn. Also it’d be able to scale far better than ETH.

1

taqwalawaal Tin Yesterday

Why pay fees at all when there are feeless chains that can be used? Perhaps not as popular but definitely worth looking into. Hive, for example

1

ThatOtherGuy254 Platinum | QC: CC 121, BTC 18 | TraderSubs 18 Yesterday

Ethereum really need to hurry up with 2.0.

2

ManyArtichoke Platinum | QC: CC 74, BTC 48 Yesterday

Yea it's disappointing. Ethereum simply doesnt work right now. A few years is a long time to wait in the crypto space.

2

taqwalawaal Tin Yesterday

That's like another couple of years from what I gathered. The gas fee would have killed off many projects before then

1

bittabet Yesterday

The gas issue is definitely why some projects are actually starting to move to other blockchains. At least a couple of stablecoins are moving, USDC starting [using Stellar](https://www.stellar.org/press-releases/centre-consortium-announces-stellar-as-an-official-chain-for-usdc?locale=en) in addition to Ethereum and Stably is [moving USDS to Tezos](https://cryptoslate.com/this-stablecoin-just-moved-from-ethereum-to-tezos-heres-why/). Stablecoins probably have to move around a lot so high fees probably hurt a lot. But I'd be surprised if Brave wasn't looking at other chains, it can't be helping adoption of BAT for fees to be this high.

6

taqwalawaal Tin Yesterday

I hope something is done about the gas price too. Any serious project would definitely be looking to move over to another chain. There are several feeless chains that Brave can build on.

2

moonkingdome Bronze Yesterday

Thats an eth problem with gas fees.. Just wait till lrc works..

10

taqwalawaal Tin Yesterday

What's lrc? Excuse my ignorance

4

moonkingdome Bronze Yesterday

https://cryptoslate.com/level-2-scaling-project-loopring-lrc-shoots-over-50-higher-amid-ethereum-network-congestion/ Read this .. It explains what the 2nd layer is..

3

taqwalawaal Tin Yesterday

Great. Thanks for this. I will have a deep look

1

moonkingdome Bronze Yesterday

Np "it never hurts to help.. " quote eek The cat.

1

LeagueOfEkko Tin 6 hs ago

The Mars Volta! Thanks for watching!

1

moonkingdome Bronze Yesterday

Np.. Loopring..

0

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qznc_bot2 1 day ago

There is a discussion on Hacker News, but feel free to comment here as well.

1

brianddk 1 day ago

Are IPNS endpoionts supported? If so what is the schema?

ipfs://ipns/{cid}
ipns://{cid}
/ipns/{cid}

Update

Looks like IPNS is supported using schemea #2

https://blog.ipfs.io/2021-01-19-ipfs-in-brave/

2

CryptoJennie BAT TEAM 1 day ago

With today's desktop browser update (v1.19), Brave is the first browser to offer a native IPFS integration, enabling users to seamlessly browse the decentralized Web, and increasing content availability and Internet resilience.

Read the official announcement from Brave and IPFS on Brave's blog: https://brave.com/ipfs-support/

Watch the video: https://www.youtube.com/watch?v=jTDkTQiKzJA

See IPFS's official announcement on their blog: https://blog.ipfs.io/2021-01-19-ipfs-in-brave/

Have questions? Submit them here for our AMA with Brian Bondy (Brave CTO & Co-founder) and Dietrich Ayala (IPFS Ecosystem Lead) on Friday, January 22nd:

https://www.reddit.com/r/BATProject/comments/l0ykjt/upcoming_ama_with_brian_bondy_brave_cto_cofounder/

____________

Reporting Issues and Learning More:

You can read more about the implementation of IPFS in Brave from its spec here: github.com/brave/brave-browser/issues/10220
Future work is defined and managed here: github.com/brave/brave-browser/projects/32
We’d love to hear suggestions on how we can improve IPFS support in Brave. Issues can be posted here: github.com/brave/brave-browser/issues/new?labels=OS%2FDesktop&template=desktop.md

1

CryptoJennie BAT Team 1 day ago

With today's desktop browser update (v1.19), Brave is the first browser to offer a native IPFS integration, enabling users to seamlessly browse the decentralized Web, and increasing content availability and Internet resilience.

Read the official announcement from Brave and IPFS on Brave's blog: https://brave.com/ipfs-support/

Watch the video: https://www.youtube.com/watch?v=jTDkTQiKzJA

See IPFS's official announcement on their blog: https://blog.ipfs.io/2021-01-19-ipfs-in-brave/

Have questions? Submit them here for our AMA with Brian Bondy (Brave CTO & Co-founder) and Dietrich Ayala (IPFS Ecosystem Lead) on Friday, January 22nd:

https://www.reddit.com/r/BATProject/comments/l0ykjt/upcoming_ama_with_brian_bondy_brave_cto_cofounder/

____________

Reporting Issues and Learning More:

You can read more about the implementation of IPFS in Brave from its spec here: github.com/brave/brave-browser/issues/10220
Future work is defined and managed here: github.com/brave/brave-browser/projects/32
We’d love to hear suggestions on how we can improve IPFS support in Brave. Issues can be posted here: github.com/brave/brave-browser/issues/new?labels=OS%2FDesktop&template=desktop.md

1

25 3

ItGonBeK Yesterday

I see the companion extension requires read/write perms on all websites visited, what steps are taken to ensure Brave users privacy?

2

rattan_chair Yesterday

Isn't this is too Brave focused and not BAT focused enough to be on here? I understand the idea that more Brave functionality is supposed to drive BAT adoption but this update (while really good) isn't a factor driving BAT decentralization, use-cases, or velocity. I feel like this sub is r/brave_browser jr at times and not r/BATproject.

1

polaris64 Yesterday

Very nice! I just published my blog on IPFS after upgrading Brave and it all works fine (except for the search). You can try it here: ipns://blog.polaris64.net/

3

BWBama85 1 day ago

Yep, this is really going to convince all those Chrome users to jump over.

3

Jaeemsuh Yesterday

I was a skeptic at first too, but I think it will have a good impact on growth esp on more tech oriented people. I think Brave is targeting Firefox users more so than your uncle bob who uses an ipad for browsing the web and doesn't care what web browser hes using.

2

the_wolf_peach 1 day ago

Test url:

ipfs://bafybeigwwctpv37xdcwacqxvekr6e4kaemqsrv34em6glkbiceo3fcy4si/

1

UrbenLegend Yesterday

>ipfs://bafybeigwwctpv37xdcwacqxvekr6e4kaemqsrv34em6glkbiceo3fcy4si/ You dog, I just woke up my entire family with that.

1

Livwire13 1 day ago

well you got me and it works

1

TheTruthFoo 1 day ago

nice, this is looking sweet

3

ItGonBeK 1 day ago

Is there a wiki or similar of all IPFS pages?

6

Wise-Comb 1 day ago

OP is just another brave shill. You’re not helping your cause by being so blatantly disingenuous

2

Spotums 1 day ago

That's exciting, looking forward to get a bit more familiar with IPFS!

I also spotted Ecosia as a default search engine option in the code for 1.19.x release, does that mean it's finally going to happen? Super excited! However, will this only be available in some countries?

5

SSI8E 1 day ago

why do people think Firefox is gonna censor sites ? if you do, link the site ccensored.

2

adscpa 1 day ago

Enabling an IPFS node should earn BAT.

2

UrbenLegend 1 day ago

If I choose to use a local node in Brave and then browse to a website that's using an IPFS gateway, will it still use my local node to copy the accessed content to make it available for other users? I know that's the case if you browse IPFS directly (via ipfs:// and ipns://), but I am not sure about sites that use the HTTP gateway.

EDIT: Seems like you need to use the IPFS Companion extension to automatically convert HTTP gateway URLs to ipfs:// or ipns://.

1

zopyrus2 1 day ago

How private is ipfs? Or is it more useful/secure than torrent? Captain?

2

bloingbadoing Yesterday

> How private is ipfs? It has basically no privacy at all. Communication between nodes is encrypted, but since everybody can be a node, that doesn't really help much. It's main advantage over a torrent is that everything goes into a global namespace and individual files can be addressed. So it's much more useful for things like mirroring a Linux distribution, which torrent always sucked at as there was no way to update the torrent with a fresh set of files.

2

eetaylog 1 day ago

After years of the community asking for it, you still can't sync your BAT wallet across multiple devices, even when logged into the same Brave account.

I have a few quids worth on my work pc, but am unable to see them on either my phone or laptop at home. Whats worse, if I want to set up a separate wallet on each of the other devices, I have to wait until I've accrued 25 token before I can even do anything with them.

They should rename it Bullshit coin.

2

kamo287 Gold | QC: CC 36 1 day ago

It's great though... you don't even need the token tbh. The browser is solid on its own

4

eetaylog Yesterday

Agree the browser is good, the token is useless though.

0

Fbmstk 1 day ago

It kind of worked for me after getting the seed phrase from one device and importing the wallet on the other. I say kinda because the values update seemingly at random times and hardly ever show exactly the same, which is indeed far from ideal, but the earnings seem correct as far as I checked.

1

I_Palm_Trees_AMA Crypto Expert | CC: 28 QC 1 day ago

Can you not just verify the same uphold wallet on both devices?

3

eetaylog Yesterday

No, it won't let you until you've accrued 25 bat on the device you're trying to verify the wallet on.

0

david-song 1 day ago

How long before this is in the Android browser?

5

Guy_on_the_Web 1 day ago

Again Brave is far ahead of the competition. IPFS is very small right now, but Brave is building real street cred with this functionality.

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Quinnell 1 day ago

Gonna try this out and see how I like it. Might even host a node via the companion extension

4

keybrah 1 day ago

Chromium OS has a raw sockets API, but it’s disabled in the Chrome browser. Brave has modified their build to whitelist those APIs for IPFS Companion to use - and this gives us superpowers compared to any other browser at this point.

I hope this doesn't result in any major vulnerabilities for Brave.

From: https://blog.ipfs.io/2019-10-08-ipfs-browsers-update/

1

freeandeasy802 1 day ago

The Brave browser is great, I've used it for years on both desktop and mobile. BAT just seems unnecessary

8

ManyArtichoke Platinum | QC: CC 74, BTC 48 1 day ago

It was useful at first. I made around $10/month, but when that number dropped to around $0.05/month I turned off Brave Rewards. Who wants to see 100+ ads a month for a few cents? That's just not worth it. Brave also makes you do full KYC to withdraw your BAT. I understand they don't make the regulations, but you can't be a privacy browser and also be the only browser that makes it users go through KYC. Plus my BAT payouts were either late or missing almost every month. I'm not sure if the situation has improved since I stopped using it, but Brave was having serious issues processing their payments almost every single month when I used Rewards.

10

AetasAaM 1 day ago

I personally never had an interest in withdrawing the funds. I just donate pretty much all of it to wikipedia and duckduckgo. That alone makes it worthwhile for me because it makes it so easy to contribute to those and a few other sites I enjoy.

5

GetYourJeansOn Yesterday

But you have to view ads? I'll stick with my ad blocker, thanks. Idk why people think letting ads spam you is worth a few bucks.

2

AetasAaM Yesterday

Depends on your tolerance; I don't have it enabled on desktop but on mobile I don't mind (I set it to not show ads when you're not on the app though; I think the default was ads anywhere and that was a hard pass for me.) I think the point is you can pick your level. Some people don't want ads at all, which I completely understand, while others find a certain amount acceptable for the kickback.

1

Ferdo306 Platinum | QC: CC 55, BTC 30 | NANO 23 1 day ago

BAT seems confusing. You earn it by watching ads which makes sense but then you should tip it to content creators. Where's the connection here

3

ChildrenOfTheCoin Redditor for 2 months. 1 day ago

The idea is your attention/time is worth something. You can auto-tip creators you visit as well or save up your BAT. I don't get why people wouldn't like it..

8

Minimum_Effective 1 day ago

Brave pissed off legions of BTC maxis when they decided BTC wasn't usable for tipping back in 2016. So now we get "BAT seems unnecessary" upvoted to the top of literally any post about Brave.

10

onestrokeimdone Gold | 6 months old | QC: CC 42 1 day ago

Its pretty sad. Brave/BAT is dogpiled more than any other coin. Might have something to do with it making 98% of other crypto token usecases obsolete.

2

brianddk 1 day ago

Are IPNS endpoionts supported? If so what is the schema?

ipfs://ipns/{cid}
ipns://{cid}
/ipns/{cid}

Update

Looks like IPNS is supported using schemea #2

https://blog.ipfs.io/2021-01-19-ipfs-in-brave/

3

bloingbadoing Yesterday

There is also `dweb:/ipfs/{cid}` (Edit: Apparently only supported with IPFS Companion)

1

brianddk Yesterday

The spec said that this schema hadn't been accepted by committee yet. Is it really deployed in Brave?

1

bloingbadoing Yesterday

Seems to only work when IPFS companion is enabled.

1

Infamous-Ad-6002 1 day ago

All about IPFS in Brave @rxjshi/using-ipfs-in-brave-fefc6a5b">https://read.cash/@rxjshi/using-ipfs-in-brave-fefc6a5b

6

PandaSovietico 1 day ago

This is not even related

3

dennis1248 1 day ago

This has nothing to do with that.

IPFS does absolutely nothing against deplatforming, it is just a more efficient way of storing and sharing data.

3

Full_Speed 1 day ago

How does this work for a regular user, in terms of speeding up the web. Is this something that web devs have to implement into their sites before we see an improvement?

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immersiveGamer 1 day ago

Yup, websites and web servers will have to start using it. Cloudflare is giving it push by supporting it. And filecoin was launched last year which is a monitization platform for storing data on the IPFS network. Major browsers still need to support it and they are in focus on rolling out HTTP/3 protocol (which will speed up web browsing and the internet but again needs website and web server buy in).

5

solcroft 1 day ago

What does this have to do with deplatforming?

5