Wednesday, 9 February 2022

What happens if I send "tainted" Bitcoin to a whale address?

So recently I learned that some KYC exchanges such as CoinBase do not accept Bitcoin from some wallets because they say that Bitcoin from these addresses is tainted (associated with illicit transactions)

My question is: If I sent some tainted BTC to a whale address, would all his Bitcoin become worthless?

and if this is the case, then how to prevent it from happening to me?

submitted by /u/filthyWeeb420
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The celebrities have started a fulling shill war on the market

"There’s no stopping them now, they’re late to the NFT market but they’re hungry for you wallets. Even the most technologically oblivious celebs like Reese Witherspoon are chasing down the NFT market, this is pretty strange.

Not that I’m against that or withhold anything to or for it. But there’s a time and a place for everything and this isn’t it chief. All of them are a better off on a separate platform where they would be respected and admired, and their NFTs sought after.

I heard there were a couple attempts to start something like these and categorize celeb NFTs on a separate platform. Yunometa for one has already started this and has a separate platform for said celebrities to do whatever they want on it.

I think there should be some kind of separation between celebrities and the rest of the people, not only because I don’t want to see their cringe spilling all over Twitter, but also because their target audience would be there waiting and not some random people who following them for a different kind of content. "

submitted by /u/Motor_Revenue8083
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source https://www.reddit.com/r/btc/comments/snttgl/the_celebrities_have_started_a_fulling_shill_war/

Why Other Blockchains Are Not Better

I see a lot of people believing that BTC is inferior to other projects like Ethereum or whatever new blockchain tech was released this week. At some point, I also believed this, so I can’t blame you.

But here are the facts, folks. BTC is not some foundation or business that can get shut down tomorrow. Nobody knows who its creator is, nobody owns the blockchain, nobody can shut it down (not even China lol). It’s permissionless, autonomous money kept alive throughout the world by miners and users.

Not by business deals, not by new projects, but simply by people like you and me looking to make a change. The tech behind it as a replacement for gold is still rock solid, and the blockchain can be upgraded by consensus and aided by second-layer solutions like Lightning.

Right now, BTC is unique on the market, and the only crypto delivering on the promise of independent money, not bound by any single third party. Since 2009 it grew by itself, with no marketing, no publicity, and no wealthy people shilling it. And until another crypto manages to do better on these conditions, BTC will remain the one true crypto to change the world.

From here on out, there’s still a long way to go. Pick your bags carefully people.

EDIT: thanks for the award!

submitted by /u/synnerman24
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