When your jurisdiction tells you they are #crypto friendly
Price predictions for #Bitcoin are a fools errand. The problems Bitcoin was meant to solve are all coming to pass. Debasement, Inflation, bank failures, obscure accounting rules designed to cover up the flaws of the FRBS; add infinitum. If you MUST keep score, measure Bitcoin purchasing power
Accounting rules are designed by governments, regulators and standard setters to perpetuate lies about the condition of the #FRBS
WTF does HCW know about #Bitcoin?
#SocGen is the latest #bank to convince you they’re digital #fiat garbage is not garbage. Did you believe them while they were spreading FUD about #Bitcoin and #crypto? #RugPull
#Bitcoin adds contrast. My God. What have they done..
So let me get this straight. YOUR system has to be debased another $600Bn to backstop YOUR #deposits in YOUR #banks because YOUR #regulators wrote bank accounting rules that covered up YOUR losses caused by THEIR #debasement?
Not just started but getting it right
That’s 3 in 96 hours.
Suppose a gambler with unlimited credit starts at a deficit and plays potentially an infinite number of trials to try to reach breakeven. We can calculate the probability he ever reaches breakeven, or that an attacker ever catches up with the honest chain, as follows [8]:
p = probability an honest node finds the next block
q = probability the attacker finds the next block
qz = probability the attacker will ever catch up from z blocks behind
Don’t you love when government comes out and says “everything is fine”
So let me get this straight. USDT is still pegged but DAI is NOT?
Legacy banks serving #crypto be like…
https://www.cityam.com/silvergate-bank-smoke-on-the-water-turns-to-fire-in-the-sky/
Wait…He’s back? I screenshotted my blocked status over 4 years ago when it was a badge of honor. I’ll find it and wear it.
Always friction. A L W A Y S
Actually they are alive for a long time. Just check #Telegram
The fundamental signs of the troubles for #Silvergate were there over a year ago.
https://blog.auditchain.finance/silvergate-bank-smoke-on-the-water-now-fire-in-the-sky-851d81f1bb
#Pacioli gave you clues about the the condition of #Silvergate back in October. Internal controls were doomed. #Pacioli took 30 seconds to output. #financialstatement #ProofOfState
Why do I have to be civil and behave like a normal human being in the face of such criminality? Why? Why? #JPMorgan steals from me every month and I have to just suck it up?
