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4.4 billion people in more than 110 countries can receive funds in local currencies or crypto

Alright, they can. But will they?

the gig economy, but for everyone

If you don't know what Stripe is, just think PayPal. A massive central transaction company that's suddenly accepting cryptocurrency... Just sign in with your name, address, and email, and tell them your "anonymous" Bitcoin address!

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If somebody actually needs someone to explain why this is a hilariously LETHAL idea to fuck around with, maybe we should just let them go ahead and take their paycheck in Shibapeepeecoin amidst 13% inflation.

Discussion thread on Hacker News: https://news.ycombinator.com/item?id=32945801

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

I have never had more problems than with Kraken. Two times was my account blocked due to verification because i tried to withdraw crypto to ny own wallet

Why he step down?

This dude is a prick. Deuces biotch.

I think the culture has to change. They were raked over the coals so much, no investor wants to touch them.

Damn, biggest sign that dark tones are ahead.

So we are just starting in the bear market

It's over. Start of the downfall.

I can understand stepping down, but I hope kraken can continue forward with Powell’s vision

Fomo on kraken

Thank you for all you’ve done. Kraken is the only exchange that I slightly trust and makes me believe in customer support. All the best in the future Jesse.

Great news, guy seemed like a fucking tool.

Please make adding fiat easier

One of the good ones.

Thanks powell(the good one).

Nothing will change. Narrator: Everything changed.

I hope they don't delist XMR.

noooooooooo rip kraken

jesse will always be a trail blazer

In Kraken, I have always trusted. What a no-nonsense, customer-focused and flexible (from early days) exchange you build, Jesse! Thank you!

Like him a lot. Hope he goes onto bigger and better things

The hood lost a real one today.

He’s like the Kurt Sutter of crypto.

Jesse is one of the heroes of crypto.

At the end of the day he came across at least as a genuine guy, not perfect by any means but I think Kraken will be the same with a change in CEO's. They are already established and should continue to thrive if they stay with their excellent customer service and comply with all their external audits and reviews.

Thank you for your time Jesse. You’ll go out as a pioneer in my book.

Incoming ceo literally has to do nothing

Lmao. Things about to get tough for tough guy jesse.

We need yelds not DAOs

Really was not expecting to see Curtis Yarvin referenced here lol

Ah okay

Theyy don’t teach you this in schooll???

https://www.youtube.com/watch?v=Jxf1vaDH0oA

There have been one or two r/CryptoCurrency satire posts in response to these recent developments that were quite good.

https://www.reddit.com/r/CryptoCurrency/comments/xje6d3/morocco\_claims\_jurisdiction\_over\_cannabis/

This was posted already, and as we want to avoid duplicates, the post has been removed.

but didn't vitalik build it in russia?

Bwahahahahaha

What mean? Im legit debating on selling eth for the first time ever seeing this

Fuck the US Government

All of ethereum belongs to me lol that's how that works

Rocket pool is the solution. Say good bye to Coinbase staking program.

What does Vitalik says about that?

Follow the money. Eth is already in their pocket thanks to VC investments. Just ask Circle and Visa.

I don’t think any reasonable person reading the whole paragraph would conclude that the SEC is suggesting all ETH transactions are within the US, just that transactions originating from US based persons are.

I suppose core devs and founders of Ethereum MUST issue a statement. I don't want to see ether used as a weapon like US dollar.

Get fucked Gensler.

A post in r/defi that isnt obviously shilling something? Even if your name is shilling something and you work for decrypt, I can deduce no crypto being shilled in this post. That's an upvote.

Seems like the SEC is attempting some roundabout gymnastics as eth does not appear to otherwise meet the howey test:

https://isethereumasecurity.com/

I DECLARE BANKRUPTCY!

"All of ethereum". I'm crying. This is hilarious. These people are delusional.

Going to have a real hard time proving that. Must be losing the case against Ripple badly

u/Easy-Soup140 tipped you 1.0 DONUT!

You are missing the point.

What this is is simply a message to vassal countries (all of Europe and more) that they must now obey what the US decides on everything related to Ethereum.

Before they had the convenient excuse that "if anything touched a dollar at any point, it falls under US law" which was the cornerstone of "legitimizing" applying US laws over vassals at will.
Now of course with something new such as Ethereum it doesn't work as well there, so they just needed to add this new bullshit decree.
In the end it does not matter because vassals have no choice but to obey one way or another, and no country is going to die on a hill to defend crypto anyways.

They're just officializing what we saw as a preview with tornadocash: the US decides a thing is illegal and a guy gets arrested immediately in a vassal country.
Plus, thankfully, Ethereum just transitioned to POS to make it easier for the US.

🐷

That’s market manipulation. Oh wait nevermind, eth is not a security

Can’t wait till they indict the ethereum CEO and CFO, raid Eth headquarters with the IRS and put them all behind bars for securities fraud. Oh wait…..

Who gives a shit

Desperate to set a president...

Ian Balina's response;

https://twitter.com/diaryofamademan/status/1571992340121747457

tldr

The SEC appears to be suggesting that, because more of Ethereum’s validating nodes currently operate in the United States than in any other country, all Ethereum transactions globally should be considered of American origin. Currently, 45.85% of all Ethereum nodes operate from the United States, according to Etherscan. The second-greatest density of nodes is in Germany, with only 19%, by comparison.

Social construction vs biological essentialism, abstractions vs observed reality, mind vs body, sense of the future vs the past, the aspirational vs the consistent, gender vs biological sex, ideas grown from atheism vs traditional religions, academic vs tribal, etc. This debate has been escalating for centuries and becoming more distilled and refined - and for many absurd.

We’re fascinated by and excavating every iota of the human mind’s potential over our bodies. Basically this is also enshrined as the basis of Transhumanism, fueling cyborgic technology, AI, and a sexy future where labor is robotic, certain human lives are elongated, all the genetic codes known and manipulated, morphing bodies into what becomes possible for maximizing life and the mind’s supremacy and potential. I say all this to situate this debate within a larger context. This is the latest stage of The Enlightenment.

This article is really interesting. My first reaction is she’s an idiot. But she’s getting a lot of press, probably more followers and her book will be noticed. So, maybe she’s a huckster and maybe the money and notoriety is worth the cost of everyone around her over the age of 20 knowing she’s an idiot. She’s not doing the cause of equality any favors, but maybe she’s just trying to make a buck.

Do it. Abolish the distinctions and exclusion and make everyone compete against each other. Do it for the Oscars, too. Give it a go for a few years and maybe people might notice why these categories were necessary in the first place.

I like how people are dismissing the idea without reason. Why, are women entitled to win? Let em lose and/or injure themselves, if they want, why not?

Remember everyone.......Democrats are the party of science.

Ok… Ill bite… when the MMA puts the top rated woman against the top rated man… Ill watch some one get a complete whippin.

An example of well-intentioned morons if ever there was one.

Van Jones’ take on this article was even worse. “The best women’s professional soccer player, is better than the worst men’s professional soccer player” lol that man clearly knows nothing about soccer if he even tried to pass that off as true.

This article is so pathetic and mental illness is becoming a thing that truly needs to be addressed

People are making a living writing shit like this 😂

I think the point of such articles is to establish the supremacy of ideology over reason and evidence. If you can believe this you can believe anything and are therefore fit academia.

"And though sex differences in sports show advantages for men, researchers today still don’t know how much of this to attribute to biological difference versus the lack of support provided to women athletes to reach their highest potential."

I am going to wager that biology is enough that very few women would ever win a medal at the Olympics ever again. Just a podium sausage party.

I agree, end Title IX and only allow the best players to play.

This was the article Bill was talking about in the last episode.

A notable excerpt from the article...

Decades of research have shown that sex is far more complex than we may think. And though sex differences in sports show advantages for men, researchers today still don’t know how much of this to attribute to biological difference versus the lack of support provided to women athletes to reach their highest potential.

“Science is increasingly showing how sex is dynamic; it has multiple aspects and also shifts; for example, social experiences can actually change levels of sex-related hormones like testosterone in our bodies in a second-to-second and month-to-month way!” Sari van Anders, the research chair in social neuroendocrinology at Queen’s University, in Ontario, told me by email. She said that this complexity means it doesn’t make sense to separate sports by sex in order to protect women athletes from getting hurt.

“If safety was a concern, and there was evidence to select certain bodily characteristics to base safety cut-offs on, then you would see, say, shorter men excluded from competing with taller men, or lighter women from competing with heavier women, across sports.” We do see weight-class separation in boxing, rowing, and wrestling, yet it’s far from the norm across all sports, and isn’t typically seen as a method of integrating athletes of different sexes—though it could be. Old notions of sex as a marker of physical capability are changing, and more research is making clear that sex differences aren’t really clear at all.

🤣🤣

The differences between men and women? If you minimize cultural differences, you'll maximize biological ones.

Jordan Peterson responds to a stupid question

Matt Walsh fierce debate with "non-binary" couple.. , Matt Walsh spits facts

https://boysvswomen.com/#/

Popcorn time

could u imagine tyson fury vs any woman?

Now, I've never been a big sports ball guy, but I'm pretty sure that what we think of as the Men's Leagues are actually available to all genders. Only the Women's Leagues are restricted to keep men out. Its just that almost no women are capable of competing in the men's league.

These people are deranged and will get girls crippled or killed before we figure this out. I think we should be flexible on non-contact sports, but this is what freshmen football players look like. (An edge case)

​

The "Just have fun and try your best!" tier of teams might be okay, but sports rapidly starts selecting for unusually large and powerful males. Having an appeals style system for female athletes is a good compromise for when She Hulk wants to be a defensive lineman.

Let me beat women in the ring

This article is mostly about school level sports teams. There will never truly be competitive/elite sports that are not sex separated, women would simply cease to exist in the professional world of sports.

The arguments in the article use some studies that basically revolve around pre-pubescent children playing sports, saying that there's not a great deal in difference in skill at that level. That may be the case, but almost all competitive school sports take place at high school level which is where we start to see this differences.

The biggest awakening moment for me on discussing the limitations of trans rights was hearing progressives talk about sports. They just don't have a clue at all or they are willing to bite the bullet and just outright admit they don't care about women's sports at all.

“Part of the reason why we have this belief that boys are inherently stronger than girls, and even the fact that we believe that gender is a binary, is because of sport itself, not the other way around,”

Love to see the research done on that one.

I have a fix for progressives advocating this, just allow women to compete in mens sports, if they could they'd make more money (in most sports) and since they can't nothing will change.

Is there any rule that says certain sexes/genders can't play in the NFL, NBA, NHL, and MLB? If so, I would support those rules being removed.

This discussion would be a lot easier if there were documented cases of people-who-aren't-cis-men trying to make it in those leagues

Decades of research have shown that sex is far more complex than we may think. And though sex differences in sports show advantages for men, researchers today still don’t know how much of this to attribute to biological difference versus the lack of support provided to women athletes to reach their highest potential

bruh what... this is poppycock.

When you read the old bitcoin forum posts it is totally clear, that they agreed and promoted to not use gpus as long as the network is in the very early days. Of course they knew and anticipated that the network has to grow as organically as possible to maximize confidence and decentralization.

I wonder why Craig Wright did that?

Heh, looks like it was the title :D

Wow

Satoshi also noted that bitcoin couldn’t grow too big too fast. Rather slow and steady.

~131 years of network time until all coins are mined into circulation around 2140 or so.

We need more content like this. This is outstanding.

When I was a kid mining I had no idea what I was doing. I just knew when I ran the software it bogged down my gaming so never stuck to it. Always thought I was helping password cracking or some distributed rainbow table shit

Thank you Adam.

I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party.

Please stop this "they" nonsense.

This is the first time I see an unannounced article cover done by AI!

Incredible!

He also wrote code for GPU mining to defend against a 51% attack in the early days. Therefore, if he were greedy, he'd actually use them to win most of the blocks before anyone else though of this!

Ai generated image

tldr; Patoshi appears to own around 1,100,000 bitcoin - nearly 5% of the entire supply that will ever exist. Satoshi appears to have turned their miner on and off programmatically. They mined back-to-back blocks that were less than 5 minutes apart! A simple explanation is that they paused their miner for 5 minutes after mining a

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

I'll have time to read all of this tomorrow
Meanwhile, a correction

From looking at the chart and adding the missing potential extra hashrate from Satoshi, it looks like the network would have exceeded 10.7 Mhps in mid-December 2009 and that the first expected difficulty adjustment would have occurred at block 32256, about 2.5 months earlier than when it actually ended up triggering

The first difficulty adjustment was indeed at block #32256. The target was 0x1d00ffff from genesis to #32255, and decreased to 0x1d00d86a at block #32256

Your Feb-2010 milestone marks when difficulty increased to 2

Nope

Debunked many times.

Wondering why this is heavily downvoted.. Probably because of the suggestive title (which is - spoiler alert - answered with a very decisive "no" in the article). Very nice in-depth research!

Is Satoshi the "alladin" KI from Blackrock?

tldr; Patoshi appears to own around 1,100,000 bitcoin - nearly 5% of the entire supply that will ever exist. Satoshi appears to have turned their miner on and off programmatically. They mined back-to-back blocks that were less than 5 minutes apart! A simple explanation is that they paused their miner for 5 minutes after mining a

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

What if the treasury has been working with GME to make a CBDC dividend to shareholders that will work on the NFT marketplace?

Hard to know ,

Europeans have picked French wordline, an Italian payment bank , Amazon and another company to try and pilot out how a European cbdc would work and the only Blockchain I could find that was being used in this pilot was quant.

Who on earth trusts these assholes with this? Lol

I don't get how they can regulate it?

I thought they can only regulate local Cefi exchanges?

Defi can just move to another country and give them the finger!

Or have I missed something?

There's this thing called the Constitution, but the government doesn't like it.

There's this thing called the Constitution, but the government doesn't like it.

i just need the new 3 series

Visibly commenting

Yeah, Biden has shown no ability in his entire life to craft smart and lasting policy. I don’t trust him to do now so or find people who can. Dude should start with forming a coherent sentence first.

i'm thinking this'll hit in 2024. i guess that gives me a year to get rich and bail out.

its gonna be great! smdh

“The Treasury will complete an illicit finance risk assessment on decentralized finance by the end of February 2023 and an assessment on non-fungible tokens by July 2023.”

“A U.S. CBDC - a digital form of the U.S. dollar has - the potential to offer significant benefits. It could enable a payment system that is more efficient, provides a foundation for further technological innovation, facilitates faster cross-border transactions, and is environmentally sustainable… In addition, it could foster economic growth and stability, protect against cyber and operational risks, safeguard the privacy of sensitive data, and minimize the risks of illicit financial transactions.”

These two statements is all you need to know what this whole thing is about: Control. They’re speaking out both sides of their mouth, simultaneously delegitimizing digital assets and at the same time claiming the benefits of a CBDC. Also, notice how they mention the privacy of “sensitive data”, NOT personal data. The only thing to break this cycle of abuse is to expose it. So, DRS is your best weapon.

Big money will NEVER flow into crypto of an exchange can just stop the buying/selling/withdrawing and then jist go bankrupt and disappear and say oooops sorry guys, your crypto is gone. That's literally what can still happen. Like guys with tens and hundreds of millions are gonna throw money on an exchange with absolutely no reassurances that their shit is protected lol.

God damnit, how did this not go viral here!?

The ONLY responsible thing to do is keep it out of their control.

"The digital economy should work for all Americans. That means developing financial services that are secure, reliable, affordable, and accessible to all."

This is the another description of Algorand.

Where is algo in the text?

lol 😂 Biden has NO CLUE!! and Kamala?? Right!!!

Algo based usa cbdc and we going to $50 in a week

Only the toy ones

I’m Confused how this has any effect on my stock, that I like.

I don’t think this really tackles the issues we have within the crypto space right now.. they say they will provide “guidance” to crypto innovators, but not any word of actual regulation and clarity within the space. Who is in charge of regulating crypto? The CFTC or the SEC? When the CFTC claims one crypto is a commodity and the SEC claims it is an unapproved security, what happens? Where is the actual framework (something more applicable to crypto than the dated Howie Test) to determine which cryptos are securities or not? That’s the clarity we need.

The SEC already aggressively pursues enforcement actions on crypt firms.. wrongfully claiming commodities and cryptocurrencies are securities. We do not need more enforcement power, we need actual regulation by Congress to determine (with modern tests) what is a security or not and whether it should fall under the SEC or the CFTC. All else is secondary to this.

Made from lamb 😅

Is Lambo a new sandwich at McDonald’s that I have to learn to make now ?

End the Fed and abolish the State. Just saying.

On one hand we use too much electricity...on the other there should be more EVs...and of course in the end it's all crypto's fault...wen personal body heat emissions mining? Sweat coin?

Bad miners

Also let me run down our special petroleum reserve by historic numbers real quick

Did they deliberately wait until after the merge? They holding eth or something?😂

Thank you for sharing! There was a lot of confusion on this topic.

I love the end part of this article:

"Think of it this way. If a new industry came along tomorrow with the following properties:

• It consumes energy, but it doesn’t matter where that energy is produced
• It is fully digital, so requires no physical infrastructure aside from electricity, transformers, and a datacenter
• It is completely interruptible, and can be curtailed fully at any time, so it could be fully offline whenever the grid needs it (a feature that renewable grids increasingly require)
• Because it’s fully digital, it can be rendered as sustainable as its electricity inputs, and indeed, by most measures, it appears to be more sustainable than any single other heavy industry in the US
• It renders a service giving property rights to the entire world
• It buys up low or negatively-priced renewable energy, vastly improving the economics of new and existing renewable projects that would otherwise not be able to monetize
• If the industry goes away, the infrastructure built could be repurposed for other location-agnostic uses, like the generation of green hydrogen, a key part of the renewable transition
• It mitigates emissions associated with unavoidable gas flaring, a byproduct of oil extraction
• It rebuilds a high-energy infrastructure in the heartland of America, laying the groundwork for a desperately needed reshoring of industrial capacity
• If you ban it, its aggregate emissions will go up. If you embrace it, its aggregate emissions will go down
• If you ban it, you empower your enemies, like Russia, Iran, Venezuela, and North Korea. If you embrace it, you directly hurt them, and give their citizens tools to free themselves from those oppressive regimes.
• It represents tens of billions of equity value and offers a massive tax windfall to states that can sell their otherwise unsold energy to the producers of this product

… would you ban this industry? Or would you embrace it? I know my answer."

You would of course embrace it.

The annotated PDF is here.

tldr; The White House Office of Science and Technology Policy (OSTP) conducted a study into the climate impacts of crypto mining as part of President Biden’s executive order. The report takes an extremely harsh stance on miners utilizing renewable sources, chastising miners for using renewables and laying out an extremely narrow set of conditions where their use would be acceptable.

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

As Ether goes PoS Chairman says he has learned absolutely nothing from senseless XRP litigation.

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Not could but will draw SEC attention. It also impeaches the Hinman statement about BTC & ETH. Both of them are securities.

tldr; SEC chair says system used by ether following software update could trigger securities laws.

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

It's very clear that any staked coin is a security. Each fractional coin is a percentage share in the decentralized organization that, by virtue of owning alone, is sufficient to obtain a dividend of the total network profit.

Your post has been removed because it violates Rule 5 of the sub:

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They will need a few years to analyse. If they don't like it, what will they do? Ban it like china? Fine all Eth holders? The SEC is a joke. They just exist to protect the rich.

The only thing triggering is this dude’s face.

As a lawyer and programmer,

The Howey Test is an incomplete regulation. The more incomplete it is, the more freedom it gives to SEC and narrow freedom to cryptocurrency platforms. Gary Gensler, of course, wants to have more freedom.

In South Korea, the issue of Cryptokitty is also prohibited due to these unclear regulations. That's, if Picasso makes and sells 100 NFTs, this is illegal. It doesn't matter if he sells 1~2. This is because Korean SEC doesn't think that's a business. However, if Picasso does business with his artistic talent and issues NFTs, he goes to prison in South Korea. The reason is different from Howey. In South Korea,

"Why are you issuing money? Currency issuance is prohibited. NFT is a currency!"

This is the South Korean SEC. Too many monkeys live there. Compared to this, you guys are living in Crypto Heaven.

Oh no! Anyway...

Fck GG

So, who's the politician who will dare attack Ethereum, now, exactly? Anyone willing to sacrifice its job just for the sake of it? XD

tldr; SEC chair says system used by ether following software update could trigger securities laws.

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

Got a non-paywalled source?

Edit: Oh, it's you with another shitpost. Fuck off.

Edit: OK, I finally blocked the little shit. Not worth wasting energy on...

"It's bad for the environment! Wait, they fixed that? Shit... uh... now it's even more like a security than it was before!"

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Just dont..don't... they will most definitely blame you if, more likely when, something goes wrong for them. It's a lose-lose situation.

The best way to get someone into bitcoin is to open a soft wallet on their phone and gift them a small amount. Keep a copy of the 12 words because they will f it up. Then ask them how their investment is doing when price moves. When they ask why point them to resources for learning what bitcoin is. Then when they want to fomo at all time high tell them nope.

tldr; When you first discover bitcoin, it’s natural to bring it up in conversation every chance you get. Bitcoin is a rather abstract concept to grasp at first, and it leans on many concepts in math and science, many of which aren’t common knowledge. It takes time to get from zero to bitcoin and there's only so much information a person can retain from one sitting.

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

1. Don't shill bags at your family.

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The tool should be fairly reliable it isn't an article

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consensys also has a free merge nft

stop trying to steal meeeee

Andreesen Horowitz is the biggest Ponzi organization that’s existed in recent times.

They are now applying their model of using later stage investors as exit liquidity in non profitable tech start ups, in the crypto space.

Hack jobs.

what's the point of non-transferable NFTs?

tldr; Ethereum’s “Merge” is set to take place imminently. The code that determines whether the Merge has happened, by way of checking “block difficulty,” has been created. The NFT is a non-transferable, free-to-mint, dynamic NFT that produces different artwork based on the value of the “difficulty” opcode and the estimated time of the Merge.

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

Link to the mint: https://www.proofofmerge.xyz/

Happy Merge Day boiizz! It’s been a long time coming.

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