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Replying to Avatar Guy Swann

Tether is not a CBDC.

It's literally a BDC

Tether is not a central bank, they don't issue notes of an independent monetary unit. They aren't associated with any govt. Tether is just a modern banknote with most of the same problems, risks, and trust issues. The difference being it is available to anyone with a smart phone without an account -- which is actually a significant improvement over the old garbage.

Tether is custodian issued digital banknotes. Literally in every use of those terms this is the accurate thing to call it. "Cash" has always just referred to banknotes issued that were redeemable in gold or at a bank that was a bearer asset. The difference with a stablecoin like Tether and physical cash is the oversight/surveillance that the institution has for the digital alternative. This is why ecash is actually the only thing that digitally shares basically all the characteristics of physical cash (txn privacy from issuer and bearer asset). Tether is far easier to freeze accounts and spy on what everyone is doing. Obviously why people want to label it "something bad."

My point is that the CBDC label is NOT accurate, and when we use words and labels arbitrarily, it desensitizes people to them. If people just become "whatever" about Tether (because if you don't use it, who cares), and everyone calls it a CBDC, then after a few years of this people are just going to think "CBDCs are fine, who cares?"

Calling everything we don't like a CBDC is a HUGE BENEFIT to actual CBDCs.

Bank digital currencies are not a problem. They will remain solvent as long as the "bank" does. They are a much better option than credit cards, and the option of being able to issue ecash is even better.

BDCs are certainly a far cry from the #Bitcoin sovereign world that we are building and have nothing to do with it, but they are ALSO a far cry from a genuine CBDC.

So please, stop using words that matter in a stupid and cheap way, because when we REALLY need them, you'll have sucked them of all of their power and meaning.

Replying to Avatar Bitman

The ~1000 Bitcoins Challenge - Bitcoin Puzzle

In 2015, someone anonymously created the "Bitcoin Puzzle," possibly to demonstrate the vastness of the private key space or simply for fun. This puzzle involves 160 different Bitcoin addresses, each containing an increasing amount of Bitcoin, and the challenge is to find the private key associated with each of these addresses.

The logic behind the puzzle is that random keys were chosen within specific ranges of the private key space, and increasing amounts of Bitcoin were sent to these addresses as follows:

- For keys in the range of 2^0 ≤ key < 2^1, 0,001 BTC was sent.

- For keys in the range of 2^1 ≤ key < 2^2, 0,002 BTC was sent.

- And so on, continuing to larger ranges, such as 2^255 ≤ key < 2^256, where 0,256 BTC was sent.

The challenge lies in finding these private keys, making it a test of cryptographic and computational skills.

In total, 32.896 BTC were distributed among these addresses. So far, 77 of the 160 puzzles have been solved, with private keys being discovered and the funds moved. Some addresses have been "updated" by the creator, who in 2023 increased the rewards for unsolved puzzles by 10 times. For example, the reward for address #66 is now 6.6 BTC, #67 is 6.7 BTC, and so on, up to #160, which has 16 BTC.

This puzzle is extremely complex and may even have been created by Satoshi Nakamoto himself (speculation). The only clue is that the Bitcoins were distributed across different bit sizes, up to the limit of 2^160, reinforcing the challenge of finding the correct private keys in such a vast space.

I know that some people have nice memories from school, like my wife do.

But for me it was true, and know a lot more people that feels similar, or that was boring, or a waste of time.

There is no way to you show more love and care to someone else 🤣🤣🤣💖

It's coming to Argentina also, thanks to the stupid "libertarian" clown president. Is there anything more antilibertarian than this?

https://english.elpais.com/international/2024-07-30/javier-mileis-government-will-monitor-social-media-with-ai-to-predict-future-crimes.html