She's saying the same rubbish about bitcoin being used for terrorism and money laundering, despite chainalysis' report saying that in 2019, just 1.1% of transactions were being used for illegal activity: https://blog.chainalysis.com/reports/cryptocurrency-crime-2020-report
If countries like the US want to stifle innovation rather than embrace it, I cant wait for a sensible administration in another country to lap up bitcoin and flourish.
Today I'm launching the Bitcoin Core usage survey. This survey is aimed at gathering information about how people use Bitcoin Core so that we can improve it in the future. If you have any feedback about Bitcoin Core that you want to share, this survey is a great place to do that.
As I know that many people are concerned about their privacy, this survey is designed to protect your privacy as much as possible. The survey is configured so that there are no trackers and no IP information is stored. Even so, if you want to use Tor, feel free to do so. I've tested that Tor doesn't break the survey (no annoying CAPTCHAs and no broken JS). Questions that ask for any information that could be identifying or privacy revealing are either optional or have an "opt out" type of answer.
For more information about the survey which breaks down why each question is being asked, see this blog post: https://achow101.com/2021/01/bitcoin-core-survey
IDK why the urge even came over me since I literally never, EVER buy lottery tix, but i even had the $30 ticket in hand and I was ready to get my card out and pay for it before i came to my senses and gave it back to the cashier. I immediately put that money into Coinbase. Going to keep that mentality going into the future whenever I find myself thinking about making any sort of spur-of-the-moment, impulsive purchases.
Ps. Can anyone recommend a better exchange than Coinbase pro? It seems easy enough and it has worked for me so far, just have heard people favor other services instead. Am fairly new to the game and am learning more every day, would appreciate any and all recs!
i've seen this in the white paper:
Reclaiming Disk SpaceOnce the latest transaction in a coin is buried under enough blocks, the spent transactions beforeit can be discarded to save disk space. To facilitate this without breaking the block's hash,transactions are hashed in a Merkle Tree [7][2][5], with only the root included in the block's hash.Old blocks can then be compacted by stubbing off branches of the tree. The interior hashes donot need to be stored. A block header with no transactions would be about 80 bytes. If we suppose blocks aregenerated every 10 minutes, 80 bytes * 6 * 24 * 365 = 4.2MB per year. With computer systemstypically selling with 2GB of RAM as of 2008, and Moore's Law predicting current growth of1.2GB per year, storage should not be a problem even if the block headers must be kept inmemory.
is there some reason why that can't be done? the bitcoin blockchain, the longest so far, should only be 4.2MBx10 years = 42MB total?!
If anyone is interested, I started a new community where you can get (and I'm hesitant to use this word) centralized and concise information about the regulatory environment surrounding cryptocurrency.
Posts will contain only the summarized and professional commentary from the source linked therein. The requirement is that the source, inclusive of the event or proposal, be either from a government or major financial institution (it sucks, I know). But the goal is to stay away from opinion, speculation, and clickbait pieces, and this will allow cryptocurrency users to stay updated on real-time policy—and how it might affect their holdings. There will be absolutely no opinion or interpretation of the policy in the post. The comment section will be open for thoughtful discussion and questions to help clarify the post. Low-effort, opinionated, and overtly critical comments will be discarded.
For someone like me that has a large part of their savings in cryptocurrency, it is extremely important to stay educated and informed on this new developing space. With crypto's recent uptick in popularity and mainstream adoption, the number of organizations overseeing this space are growing, and their proposals are becoming lengthier and more complex. Thus it's extremely important to have a community that follows their/this involvement.
![[link]](https://i.redd.it/2444y9qla8c61.jpg){kind=link}