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Bitcoin
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Bitcoin

I think that the Asian population has not grasped the idea of freedom.. thus ended up empowering state too much.

And then there are people who are using the latest freedom tech.

Good times..

There are many P2P platforms but they all are disconnected from each other. Liquidity is low thus prices are at a premium.

How about a protocol to integrate P2P liquidity across platforms?

Is this a stupid idea??

Thoughts comments suggestions are welcome..

“Believe nothing, no matter where you read it, or who said it, no matter if I have said it unless it agrees with your own reason and your own common sense.” …… Buddha

Emotion tracking/neasuring is difficult. It can’t be done similar to steps tracking or BP.

Apple’s attempt to provide it in health app highlights the importance but doesn’t offer any innovative approach.

This area needs real innovation and some serious medical research.

In many countries ‘big part’ probably is 90%. Almost all exchanges in India won’t let you withdraw the coin in the name of AML and regulatory compliance. At the same time won’t provide any proof of balance either.

An entity WazirX related to Binance simply claimed that they have been hacked without giving any proof of hack either. Now all the funds are frozen.

https://www.indiatoday.in/amp/business/story/i-was-as-explicit-as-i-could-be-before-binances-cz-changpeng-zhao-responds-to-wazirx-hack-2643537-2024-12-03

Govt and exchanges are two major entities which are a hurdle in mass adoption.

India imposed 30% capital gain tax and loss can’t be reported.

Additionally 1% transaction tax.

It was introduced approx two years back and resulted into almost no trading volume in the local exchanges, ban on withdrawal by exchanges.

Once a thriving industry completely surrendered in front of govt pressure and by banning coin withdrawal demonstrated that they don’t care about their customers as well.

Replying to Avatar Beautyon

I'm afraid this is literally not true, in any real sense of the words. Civil servants do not "work for us." This is why Bitcoin was created in the first place, and I suspect Satoshi knew this.

If Civil Servants worked for us, the money supply would not run out of control, and there would never have been a need for Bitcoin to be written. It is precisely because Civil Servants do not work for us that Bitcoin is required to act as an external, automatic constraint on them.

The abuses of the Civil Servants (the permanent government) and the elected politicians (the window dressing) is well known, and only naĂŻve teenager believes in The State, and that, "After all, they're out there to protect us."

It's almost as if recent history has not happened (COVID-19) and the entire 20th century was just a fiction in a bad science fiction novel.

How can anyone think politicians and Civil Servants are working for the people? It's baffling; but many people maintain a quasi religious belief in the State, because that's all they can imagine, and frankly, that's OK.

Bitcoin must do what it was designed to do in spite of the people and their peculiar beliefs, even the people very close to its inception. It has to work as a force of nature, otherwise, it will not be as powerful as it needs to be to change everything to do with money.

It has to be said also, that there is a profound lack of empathy for Keonne Rodriguez and T-Dev on many sides (both of whom I understand have wives and children). There is no thought about the suffering they're enduring; it's as if they're just pictures on a screen and not real people. Shocking.

I feel very bad that these two fine, brusque men have been thrown in gaol for performing maths. How anyone can trivialize this is breathtaking. It's like saying, "Galileo should be burned, twice, because he is disrupting Society with his ideas".

No one today would say Galileo should be burned for heliocentrism, and this is exactly what is happening to Rodriguez and Burroughs. In hindsight, when it is not risky to go along with the crowd after people are vindicated is easy; it is hard to defend the rights of people who are being rounded up and hounded in real-time.

And for someone who just escaped the poison fangs of Faketoshi, I would hope there is sympathy for others facing unfair challenges to their liberty to write software.

It should be clear to everyone that giving $1,000,000 USD per year to CoinCenter did not work. It should also be clear that lobbying isn't working either. It has been tried and has failed. The Chambers of Commerce, Associations, Centers and other drivel have failed to protect Bitcoin users so following Einstein, doing the same thing over and over and hoping for a different outcome is literally I _ S _ N E.

Bitcoin is full of different characters with different approaches to the single realty everyone has to live in. We will see who is successful in addressing that reality. We know (slight diversion) that Apple is very good at addressing the market, and that other companies were not, with their utilitarian beige boxes that, "Get the job done".

Ultimately, Bitcoin will be exposed to this same dynamic. That's why the smart money is betting on Bitkey (for example) to change the world.

As for Samourai, I hope they take this to the highest court, sue their persecutors and win astronomic damages. I think they're victims in this, and by extension so could be the free use of Bitcoin. And whilst other people find them too abrasive, we now know for sure that the people with different, softer approaches have failed to midwife Bitcoin or even run wallets at a profit, unlike Samourai, who do.

Note the tense.

Is there a third option between these two opposite sides of the question? If there is, I hope someone brings it, because it would be useful.

The original Cypherpunks wrote very provocative essays that made people feel uneasy, and now they're held up as incredibly insightful heroes. You're in that today, even if you can't see it happening before your eyes.

When the story of all this is written, and it will be written, I want it said of me that I supported the rights of these bold and aggressive men, and was not a mere bystander, equivocator or someone who turned away.

But that's me. Other people do "other"!

https://x.com/beautyon_/status/1785048401656025305?s=61&t=eyjJ5IvKiAtPIDSBRekpmA

Can you please post the links to the essays from cypherpunks.. have only read the manifesto.

Aadhar nightmares for employers ..

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Facial recognition is another havoc on the Indian citizens. It is being forced onto everyone who travels via air.

Soon it will be there for train/road-toll cameras etc.

Police in many states is already using it at every protest to identify the people and target them later using any selective application of law.

We are importing all these concepts from countries like China who doesn’t care about citizens and where state is above everything.

Replying to Avatar Beautyon

The text below is the complete reason why Elon and the ID Card fanatics are 100% wrong.

The UK ID card is not what you think it is. It is not a simple identity document like your passport or driving license. It is in fact, a database backed control grid and the fulfilment of Orwells nightmare.

You may have heard that legislation creating compulsory ID Cards passed a crucial stage in the House of Commons. You may feel that ID cards are not something to worry about, since we already have Photo ID for our Passport and Driving License and an ID Card will be no different to that. What you have not been told is the full scope of this proposed ID Card, and what it will mean to you personally.

The proposed ID Card will be different from any card you now hold. It will be connected to a database called the NIR, (National Identity Register)., where all of your personal details will be stored. This will include the unique number that will be issued to you, your fingerprints, a scan of the back of your eye, and your photograph. Your name, address and date of birth will also obviously be stored there.

There will be spaces on this database for your religion, residence status, and many other private and personal facts about you. There is unlimited space for every other details of your life on the NIR database, which can be expanded by the Government with or without further Acts of Parliament.

By itself, you might think that this register is harmless, but you would be wrong to come to this conclusion. This new card will be used to check your identity against your entry in the register in real time, whenever you present it to 'prove who you are'.

Every place that sells alcohol or cigarettes, every post office, every pharmacy, and every Bank will have an NIR Card Terminal, (very much like the Chip and Pin Readers that are everywhere now) into which your card can be 'swiped' to check your identity. Each time this happens, a record is made at the NIR of the time and place that the Card was presented. This means for example, that there will be a government record of every time you withdraw more than ÂŁ99 at your branch of Nat West, who now demand ID for these transactions. Every time you have to prove that you are over 18, your card will be swiped, and a record made at the NIR. Restaurants and off licenses will demand that your card is swiped so that each receipt shows that they sold alcohol to someone over 18, and that this was proved by the access to the NIR, indemnifying them from prosecution.

Private businesses are going to be given access to the NIR Database. If you want to apply for a job, you will have to present your card for a swipe. If you want to apply for a London Underground Oyster Card,or a supermarket loyalty card, or a driving license you will have to present your ID Card for a swipe. The same goes for getting a telephone line or a mobile phone or an internet account.

Oyster, DVLA, BT and Nectar (for example) all run very detailed databases of their own. They will be allowed access to the NIR,just as every other business will be. This means that each of these entities will be able to store your unique number in their database, and place all your travel, phone records, driving activities and detailed shopping habits under your unique NIR number. These databases, which can easily fit on a storage device the size of your hand, will be sold to third parties either legally or illegally. It will then be possible for a non governmental entity to create a detailed dossier of all your activities. Certainly, the government will have clandestine access to all of them, meaning that they will have a complete record of all your movements, from how much and when you withdraw from your bank account to what medications you are taking, down to the level of what sort of bread you eat - all accessible via a single unique number in a central database.

This is quite a significant leap from a simple ID Card that shows your name and face.

Most people do not know that this is the true character and scope of the proposed ID Card. Whenever the details of how it will work are explained to them, they quickly change from being ambivalent towards it.

The Government is going to COMPEL you to enter your details into the NIR and to carry this card. If you and your children want to obtain or renew your passports, you will be forced to have your fingerprints taken and your eyes scanned for the NIR, and an ID Card will be issued to you whether you want one or not. If you refuse to be fingerprinted and eye scanned, you will not be able to get a passport. Your ID Card will, just like your passport, not be your property. The Home Secretary will have the right to revoke or suspend your ID at any time, meaning that you will not be able to withdraw money from your Bank Account, for example, or do anything that requires you to present your government issued ID Card.

The arguments that have been put forwarded in favour of ID Cards can be easily disproved. ID Cards WILL NOT stop terrorists; every Spaniard has a compulsory ID Card as did the Madrid Bombers. ID Cards will not 'eliminate benefit fraud', which in comparison, is small compared to the astronomical cost of this proposal, which will be measured in billions according to the LSE (London School of Economics). This scheme exists solely to exert total surveillance and control over the ordinary free British Citizen,and it will line the pockets of the companies that will create the computer systems at the expense of your freedom, privacy and money.

If you did not know the full scope of the proposed ID Card Scheme before and you are as unsettled as I am at what it really means to you, to this country and its way of life, I urge you to email or photocopy this and give it to your friends and colleagues and everyone else you think should know and who cares. The Bill has proceeded to this stage due to the lack of accurate and complete information on this proposal being made public. Together & Hand to hand, we can inform the entire nation if everyone who receives this passes it on.

Frances Stonor Saunders

India already have such an ID called Aadhaar. It’s a nightmare already. You can not do anything without it.

It’s blantantly misused by state. Personal data has leaked many time but state simply refuses that no evidence of leaks even though it’s available in market for anyone to purchase.

What i feel is that evetone knows that privacy is important but to a normal personal there is no strong argument of why such centralised control of private data is problematic.

Same is the reason why not everyone is jumping into bitcoin boat.

If you outsource your problems.. you will have to let go your powers as well.

#LifeLessons

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