Is this even legit? While in India they banned crypto which is kinda sad. I hate to see people trying to ban things which they know nothing about or maybe they do? Maybe it intimidates them but anyways if this is real, I'm glad they legalize it if it's for the better and no strings attached but then again government can play dirty sometimes. I always support crypto projects/platforms that could really help our society and get more exposure out there on what blockchain really is. Like this one, the platform utilizes dedicated high-end servers and the Blockchain Offload Engine (BOE) hardware units. These chipsets are designed to increase security, and accelerate the rate at which transactions are processed by reducing bottlenecks in the server which is really great.
This can be used for example, in lottery applications, we need to ensure true randomization to select the winning number while being transparent through smart contracts that can be checked through their block explorer, hpbscan.org. Anyways, looking forward to more news about crypto and more countries adopting it.
The US is locking up kids and legal migrants and asylum seekers. They’re still persecuting minorities and don’t offer universal healthcare. Shoot people at traffic stops. The Iranian gov has problems and so does the US. Though it’s important to note Iran wasn’t always that way and it was the US that interfered in the Middle East affairs, pitting them against each other preventing a unified middle east. Reading some history books will make you realise there’s a lot of historic meddling that has held back or destroyed these countries with endless proxy wars.
What's worse? Imprisoning some women and killing some gays, or invading a large part of the planet, causing millions of deaths, trillions in destroyed infrastructure, never ending war and suffering etc... That's not just the CIA, that's the US govt.
You need a history lesson on the CIA
America is at fault for alot of death and desturction in it's past (and present) no doubt.
But this doesn't excuse the blatant human rights abuses happening in Iran, fueled entirely by their theocratic views.
Two wrongs don't make a right.
Those extreme religious views are new though. their path was created by external factors and manipulated. US action in the Middle East is in part responsible for its current issues. The US does many things, just look at somewhere like Cuba! I mean the US totally stunted it and killed its progress, the same is true with places like Iran but with a different set of factors.
six of one, really.. our CIA orchestrated a coup and helped install a shah, dramatically disrupting Iranian state of affairs. perhaps we should be directly comparing the US government with the Russians
You better hope and PRAY the Mullahs don't find a way to fund Hezbollah or ISIS with crypto.
The Global backlash will be INTENSE.
My heart breaks for the moderate citizens of Iran, but their orthodox, despotic government is staining the nation's global image.
Electricity production and distribution are under heavy influence of governments in most counties, sometimes even completely controlled by it. Without a lot of electricity there is no significant Bitcoin mining happening on the scale we're currently at. So it's easy for governments to monitor/regulate big consumers (large mining farms) and even shut down their operation if they want.
But in the grand scheme of things Bitcoin doesn't really care, it will continue to get mined in other locations/jurisdictions and if it doesn't continue at this scale the difficulty will adjust with less miners. That's why people say they cannot regulate it/ban it. Unless you believe all governments around the world can simultaneously agree on banning this use of electricity on all scales which to me seems politically improbable and technically unenforceable.
If this improbable dystopia ever happens Bitcoin would most likely move on to another security model than Proof-of-Work working under these new constraints. At this point those limitations would also apply to all other cryptocurrencies so the clear advantage PoW has over Proof-of-Stake for example would not exist and it would be more viable... but in my opinion those scenarios are really unlikely.