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Barron's is one of the most read investment magazine in the US. Their first sentence in the article says: "The blockchain revolution is here."

Here is the link to the original comment thread. Or you can comment here to start a discussion. Author: slacker-77

Note it's "for tech including blockchain", not, "for blockchain tech"

Blimey.. 😲

Those Koreans sure do love them some Blockchain

One of the blockchains being funded by the Korean government is Medibloc.

https://medium.com/medibloc/ann-medibloc-to-participate-in-nia-project-abb6837dce70

This story again? The money is going to fund a new government agency to regulate crypto.

Great news for WTC since they are one of the leaders in Korea as it comes for blockchain. They recently opened the Korean Blockchain Institute.

Lol at you guys saying "NO REGULATION NO GOVERNMENT" but then news like this pops up and you guys are like "GOOD NEWS YAY ADOPTION"

They will fund Korean Blockchain Institute (prievously WaltonChain blockchain Institute)

This is really good for ICX, check ICX Community here: https://cryptocrawl.com/coins/icon

Great news!

LOAD THE KOREAN FUD

NOW PAMP EET

That's great.

Good news for ICX

Single court, single case, single defendant. The author of this post struggles with the comprehension of plurality, apparently.

Buy drugs with crypto get out with crypto buy more drugs with crypto

Seems like they want to make arresting crypto fraudsters as profitable as possible in the future.

Use it on the dark web to buy and sell drugs and then on bail to get you out when you get busted..what an amazing and useful currency!

It’s hype... b...u...

Proof that it is real storage of value, that even our unscrupulous gov wants to get their greedy paws on...

is a trap!

So could you use a computer in jail to mine and make the money for a lawyer?

First it's fair to pay bail in crypto, Second it proves that crypto works and has future

There seems to be a lot of fake articles about bussiniess and courts taking crypto as payments. I work in a dispensary in Colorado and a bogus article reported we accept Bitcoin. That was two years ago and fools still show up trying to pay with Bitcoin.

Feds are probably expecting a large number of politicians in the near future and know they have cryptocash stashed. Lol.

Title is trash. Federal courts in general are not allowing crypto. It's just this specific case and maybe one other because the guy only has crypto assets.

Next time I travel to the US I will consider carrying a bunch of Paycoins, with a certificate from Josh Garza saying that they are worth $20 each. Just in case I accidentally seduce some politicians and NRA leaders, or run a presidential campaign by mistake.

Absolutely incorrectly written and reported

It is NOT allowed by courts in any way shape or form

The judge ORDERED this one this way to get the idiot to have a reason to come back, since the dude had no assets or $ to pay

This in no way shape or form means the court allows it. The court ORDERED it ONE TIME

Big difference, bad header, and horribly written article

Great news for ICO Fraudsters and crypto scammers: you can now use the very same crypto you stole as bail!

they can easily cash it out w.e the case maybe.

So long as the IRS sees it as a capital asset, it doesn't matter what the courts treat it as. There will never be mass adoption (necessary to bootstrap network effects so that bitcoin can begin to stabilize and be used as a unit-of-account money) where people have to massively complexify their tax situation in order to adopt an alternate currency.

It would even be possible to make an innovative type of transaction where the money is locked for the duration of the bail or burnt in case the suspect runs. That way the money can't be confiscated.

Judge: bail is set at $500. Defendant: $520? Where am I going to get $450?

I feel like puking knowing that there is no way to get hard truth out here and hence we will never be able to resist this evil cartel.

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Well that'd be convenient for drug dealers and white supremacists.

As long as the bail is still set in USD this shouldn't matter, but can you imagine?

The defendants bail is hereby set at $10,000

$328,936

$72,821

$916,442

I think the Federal Reserve may have an opinion on this.

So, it confirms that cryptocrrency will exist)

If he government is accepting it as legal tender, then it can’t be called “Cryptocurrency” anymore.

Impressive

Is Ethereum "big" in Japan? I mean, is it popular over there? Is the (dev) community booming? Or is it more of a Chinese thing? Cheers!

Impressive

Hope sharding and casper will release soon.

Impressive

Very thoughtful allocation of EF funds.

Focusing on all the right areas: security,scalability,tooling and privacy.

WOW! Thats a lot of work there.

Impressive

Impressive

Awesome! Congrats to all finalists and recipients, really looking forward to what you all create.

Gold is crashing too.

Gold is not generally used to settle transactions. If I and Joe and Mary did use it how'd you know to add it to your stats? You wouldn't. In btc they likely lumping in change. The resources sited state "Due to the existence of mixers, self-churn, privacy enhancements, spam, and change outputs (in UTXO chains), raw estimates of transactional value are often misstated by a factor of 10 or more."

Here is the link to the original comment thread. Or you can comment here to start a discussion. Author: budmaster13

I remember they did all that fighting to make it legal for export - then stopped on a dime September 12th, 2001. Decided they didn't want to be in that business anymore after 9-11.

T-shirt bearing RSA code and a 3 line bumper sticker that used to be illegal to export. The T shirt was printed as a free speech (First amendment) protest. It is no longer illegal to export the T-shirt.

So encryption is considered a munition ? I’m hearing second amendment protection from govt. mandated backdoors right about now.

You should read Crypto by Steven Levy, brilliant book.

Ah, the good old days, when you had to declare you were a US or Canadian citizen to get the full version of a web browser like Netscape, and everyone else could only download a version with weaker security. Because Netscape was legally a weapon.

Used to find that hilarious at the time. Now it's just kind of sad.

From wikipedia:

Shortly after its release, PGP encryption found its way outside the United States, and in February 1993 Zimmermann became the formal target of a criminal investigation by the US Government for "munitions export without a license". Cryptosystems using keys larger than 40 bits were then considered munitions within the definition of the US export regulations; PGP has never used keys smaller than 128 bits, so it qualified at that time. Penalties for violation, if found guilty, were substantial. After several years, the investigation of Zimmermann was closed without filing criminal charges against him or anyone else.

Zimmermann challenged these regulations in an imaginative way. He published the entire source code of PGP in a hardback book,[14] via MIT Press, which was distributed and sold widely. Anybody wishing to build their own copy of PGP could buy the $60 book, cut off the covers, separate the pages, and scan them using an OCR program (or conceivably enter it as a type-in program if OCR software was not available), creating a set of source code text files. One could then build the application using the freely available GNU Compiler Collection. PGP would thus be available anywhere in the world. The claimed principle was simple: export of munitions—guns, bombs, planes, and software—was (and remains) restricted; but the export of books is protected by the First Amendment.

So, does this mean I'm allowed to have strong encryption as part of the 2nd Amendment?

Etherum is very decentralized

This seems similar to all of the centralized exchanges pushing fake volume but now with more decentralization. It’s a centralized scam running as a dApp. I think the crypto community should embrace this!

Turns out when you build a coin exclusively for the creepto space to make their own apps, when the creepto space is almost exclusively questionably legal gambling and definitely illegal scams...well...you're going to get a lot of scams and gambling apps

"The scale of this wallet, the scale of these bots. The amount of sheer gas being used. I genuinely think you're probably looking at a crime syndicate running this in China to scam people on a scale the ethereum network has never seen before...It's very bad."

Like many here keep saying, it's turtles all the way down. Scams on top of scams on top of scams.

Oh dear, Gambling never normally ends well.

What do I get in return for my $5000 from this other than the privilege of not having men with guns come to cage me for using math?

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The headline is a bit doom and gloomy as always, but the content is actually a good read why obviously one should not participate in those Ponzi games

If people are investing large amount into a ponzi scheme smart contract, they need to accept the risk of losing it. It's nearly exactly the same as a smart contract dice game.

These contracts are not issues, they're stupid games, and those who play them win stupid prizes.

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They’ll try just about anything won’t they

Ripple keep trying different things, but none of them are really helping.

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What is the use case for this? If you can anonymously do a riskless atomic swap of assets, why would you care to expose your identity in the transaction?

Seems like a cool use of NFTs for KYC/AML proof in this new Airswap product.

It's interesting to think of potential uses beyond trading for what'll essentially become a real-world identity token. I wonder if Airswap has any plans/partnerships forthcoming in that regard...

Anyone else getting wrecked owning AST?

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Killing oneself over money is a foolish choice. Life is not worth an amount of money.

Hodl me

Hopefully, this will not happen.

As long as they can stop debt collectors calling, then they are doing their job good!! :D

So what you're saying is suicide is a "solution", a permanent one?

/r/titlegore

How is this even considered a crash to most of y’all? Armatures.

ETH drops below 300, dude jumps off bridge, next week it's at 550. I call that social Darwinism

Now that is a buy signal if I ever saw one.

Long $Rope

Sure must be scary for all those people who took out big loans to buy at ATH. Yes, the prices will go up. But perhaps not by when they need to repay the loan by.

Nice virtue signaling. Nobody suicidal would actually find this generic post useful, just insulting

Must be time to buy

I won't call unless the hotline takes btc thru LN

Revolutions are bloody.

Lift weights and go for a hike in a pretty wooded area. The price will bounce back, but you have to be patient. And even if it doesn't bounce back, you can change the conditions of your life much faster and more easily than you realize.

What I tell people in the chat box where I trade when they get fatalistic - Turn off the computer. Take a shower. Pray.

For the cleaner gene pool

Suicide is a permanent solution...

I don’t think that word means what you think it means.

“I invested 800, now it's 273. In 2011 I could have gotten 8255 bitcoins for $ 273. Fuck."

No other indicator works better for a buy signal than these Suicide posts.

Here is the link to the original comment thread. Or you can comment here to start a discussion. Author: jchang23