PS

rEYAVjQD

For personal sexual kinds and the like the problem is solved easily with cash or some other kind of temporary disposable money that has a physical burden and it's not purely digital. It both satisfies the needs of those people and it can not be hoarded in large quantities. Perhaps the future is good identifiable decentralization but still having ATMs for cash so that anyone can have disposable anonymous money but never that much to the point of moving entire economies because they can simply not transfer it right now. PS in case you're not aware you can't even more 1 billion in cash easily, and to affect entire economies you might need hundreds of times that.

rEYAVjQD

There's an optimist spin to all that. When humans mature and stop seeing the technology as just a quick scam they will realize the that there should be blockchains that EXCLUSIVELY work based on real identity and if you are not attached to it as a real human they just don't work or because you would be an outlier if you try to trick them you'd just be found very easily (similarly to going publicly somewhere today and directly lying about who you are and others realizing it and getting you caught very easily). Decentralization tech is by far the best and perhaps the only chance for humans to achieve their max potential in politics because it appears to be the best way to have true democracy without rulers. PS Obviously it has challenges not only on the hardware side but also on the algorithmic side, but the potential is there and it's inevitable because there is nothing stopping it from existing.

rEYAVjQD

I said if the goal of people is a global currency, which means that country itself would run that cryprocurrency. It can never be 100% secret because simply people won't trust their funds to any of their governments. PS VERY ironically this is 100% against the kind of liberalism some monero fanatics believe in, they would NEVER give a purely secretive currency to their government when they get it.

AdEuphoric5133

Oh ! Finally another partisan of bitcoin core. It is more secure, but also better. Unlike with an hardware wallet, you run you own node, instead of trusting you wallet provider's node. PS : For extra security, you can just use an offline build of bitcoin core for signing, and an online build for broadcasting. I am not encouraging anyone to keep large amount of funds on a hot wallet

Ark3tech

Ledger itself is still safe, the issue was a few ledgers that were physically tampered and altered by scammers to bypass the chip and just read the seed phrase words off the screen during setup. These are the acts of evil people, not necessarily the failing of Ledger, providing a secure product. After something like this happens, these companies usually become more secure than they were before and it will be updated to actually be a better product than it was before. I think it’s funny that a lot of people don’t understand this and they still think a “security” company is weaker after a catastrophic event like this. I’ve seen this mentality firsthand. I worked at PlayStation during the time of the big PSN outage. We got hacked by Lulzsec. We thought that when the network went back online, nobody would want to buy anything because they were worried about security. Publishers were even postponing their products to not launch the first day the store reopened. This was hilarious to me because the whole network went through a rigorous security audit and fixes, making it more secure than it was before. Anyway, we saw the opposite and had a record month when the PS Store reopened.

SmegmaWarrior0815

It helped jailbreak the PS5, so at least there's that.

abadaxx

When markets and money are used as the primary way to distribute and exchange goods, inflation *is* good to a certain extent, but primarily because deflation is *far* worse. When the value of goods goes down day after day, why buy it today when it will be cheaper tomorrow? Just wait, you'll be able to get more with it later. But then the next day you same thing, and you wait even longer to spend money and instead keep it for an indefinite amount of time. The currency then becomes a commodity and not a means of exchange, and bitcoin actually proves this point. It's why people *dont* use bitcoin as a way to actually purchase things, most of the time. Why would you give away your bitcoin for a PS5 when that same amount of bitcoin will be worth *more* later? Same reason you don't trade your stock who's value goes up faster than inflation for a PS5. It's not a smart investment move, but currency isn't an investment and shouldn't be. That's why you want the purchasing power for your currency to go down *slightly* every year. Why hold it when it will be able to purchase *less* tomorrow? Inflation incentivizes consumer spending (good for the economy) and investment (also good for the economy). Obviously, too much inflation, coupled with stagnant wages, is bad for everyone but inflation on its own as a boogyman is just plain wrong and misinformed.

RetiredAvocado

There's no way to "convert it to cash," just like you don't say you convert an iPhone or PS5 to cash. You can sell those things to someone who wants them, and same for bitcoin. Usually that's done on exchanges. And there are taxes to consider. You must have proof you inherited them at price $80K recently. If not then you got them for free and whatever you sell it for will be full taxable amount. There's also security and safety to consider. If it don't know what you're doing you could lose it all by making a mistake. And if you get outside help they could steal it all. And no police or court can force a return of it to you. Last thing is whether you actually have anything at all. Can't tell here if you have a hardware wallet, or some exchange account, or some fake numbers on screen somewhere.

FewConnection331

The only guy I know that actually profited from mining is a friend of mine who was teaching at the engineering faculty of a university. His highers in the school gave him a duty to take care of all the computers on the faculty and he was like yea it's time to mine some ethereum.He ran it for 2 years, made a fortune, left teaching and his academic career, living his life now. PS: since the neighbouring faculty was medical school noone realized the electric consumption since it's goverment uni don't think they even pay bills, they just receive the electricity for free

austin-delts

Oh now you’re not being “nice?” Exactly the hypocrisy you always see with the “be nice” crowd Signed “Another Human Dude” 🤡🤡 PS: now go get your wife’s boyfriends coffee

Juxtapose417

Yes, I here you. I have felt the same frustration. I have made my own mistakes. Crypto and blockchain technology aren't going anywhere soon. If you look at the big picture it seems at some point the US dollar will be on a blockchain. I would select a few sources to add to your knowledge. One I check on from time to time is Coin Bureau. Avoid tweets for now. Last year's late summer and fall I got hoodwink by some guy saying to buy xrp and some other xrp related coin. Seek someone that is successfully trading paper trade to evaluate them. Grab you a book on trading cryptocurrency or stocks. It will help you develop a mindset that we need in trading. I can't stress strongly enough get real familiar with AI. . PS. Now more than ever speed of execution is key. Strongly possible AI will help you with speed. I'm following Layah Heilpern. She and her brother have a good pulse on what's going on in cryptocurrency. Take a deep breath. I hope this helps .

Patient_Craft2195

fair enough if you're reading cvd, wave count and the tape for directional bias instead of just eyeballing the shape, that's a real edge over "line looks like last time." and waiting for PS to confirm before sizing up is the disciplined version, so no argument there. only thing i'd still flag: long compression predicting a bigger expansion holds until it doesn't plenty of coils resolve as continuation the other way, not the breakout. but catching the meat after confirmation instead of front-running the base is exactly how you survive that. sounds like you're trading it right.

Suitable_Acadia_190

For sure but wave count, CVD and the tape tell directional bias while coiling. Plus the longer the compression the further the expansion so either way in a vertical accumulation pattern like weve been coiling in for years Im happy to catch the meat of the move & just TP after PS says pay attention then into strength of the BC. Plenty enough profit to go around for all who actually put the time, thats the best part of this place imo

mizhgun

What would work better for your showboating, good for you or bad for you? The point is that is not about “territory”, it is about jurisdiction. Some people have different proven residences on the same territory. Some have multiple ones. Hard to understand, huh? PS: Fun fact: millions of people born in the 4th wealthiest country in the world in 1950 were, less that 70 years after, living in that exact same country, with an inflation rate of 1 000 000%, in poverty. Just saying.

kristine_ridelyte

This is so nostalgic, I still remember this warm feeling spending my free time playing on PS2 on a small couch eating popcorns, now I need to think how to pay taxes .. bring me back !

shhhhh_u_dont_see_me

Maybe they're not trying to be relevant, maybe it's their own experience, I too was playing GTA Vice City in 2010 because not everyone had the latest console or games. Hell, I only got the PS3 in 2015.

That_Russian_Guy

Then good thing the number in question isn't random? If the hackers just guessed a random number that had no context or relevance to anything, why would we be reading about it in a Bitcoin sub? If I made a script that generated a number that is either 3 or that terabyte long number from Lockheed Martin and ran it until it landed on that number then sold the results to China could I claim that it was randomly generated and thus just a random number? Its not like this is some new concept, I'm wondering if people are too young to remember the GeoHotz saga where he published the PS3 signing key, which was deemed illegal and he was forced to take it down. That was one of the first "big" discussions on illegal numbers (because it was short and easy to share) and that was over a decade and a half ago. But the first ones were way older than that with DVD DRM keys probably being some of the first.

Suitable_Acadia_190

Exactly, same, via reading the tape, EWs, then when PS prints otw to the 5th each cycle I just aim for the meat of the move and sell into the BC. Just patience, visibility and discipline FTW

SilverPrivateer

Yep, we're at 80k You are welcome - the MSTARMY PS: you would be at 40k without us. (yes I know lately we did not have buys. But we have in past a lot and so you should respect)

Beaesse

Because people working together in groups (from the nation state level on down) is how you get to enjoy sitting in a house you can't build yourself, wearing clothes you can't make yourself, on a couch you can't make yourself, taking selfies with a device that would take hundreds of your lifetimes to understand a fraction of the manufacturing processes that went into it, never mind all the science and theory behind it. Accept it or not, you have reaped the benefits of lifetimes of organized labour, and none of that happens without organization and some sustained periods of peace brought about by the "legitimized" use of force. If you want out, there's plenty of unexplored forest for you to try subsisting by yourself in. But don't come back to the society you hate looking for manufactured goods, prepared food, clean water, medicine, tools, rope, etc., etc. PS. Not a capitalist apologist. The current distribution of wealth is way out of whack and needs correction. Idiotic hyperbole doesn't get us any closer to actual solutions. PPS. It's not "why bitcoin exists." Even in a hypothetical bitcoin-exchange-based society, you would necessarily still pay some form of tax to enjoy the benefits that other people in your society provide. Whether you call it "government" or whatever "bit-socialist" term you want to use, you will always pay others to live in a modern society. You will not have, for instance, one road builder that will take millions of individual contracts from each person that will use the road. That kind of work MUST be centrally organized and funded. Which means funding must be enforced, because all you "individualists" who think you have done and can do everything on your own will refuse to pay for your share of a collective good unless forced to. Tl;dr: OP and lazy-eyed sofa-philosopher pictured are both incredibly shallow-thinking people.

blrtgj

Good luck to you my friend. I'm out of this pump and dump scheme :). PS: I did hold some coins for 3-4 years but I'm done now.

monerobull

Not with p2p trading. For all the bank knows, you're buying a used PS5 from Craigslist. Not to mention that you can also pay by mailing physical cash

Volgrand

Ooooh poor man! He had yo sell his BTC for huge profits bevause he had to buy a house for his family! Soooo sad! Go to [insert your favourite mythological hell here], you [insert insult here]! PS: Congrats, mate :)

ineedanamegenerator

The problem in coldcard was not that TRNG failed and there was a fallback. Lots of incorrect info is spread about it being a compiler flag, that was also not the issue. Coldcard had their own TRNG peripheral driver (a choice I can support, don't rely on a open source driver). Therefore they disabled TRNG in the library they used (that's the define, that was intentional). The library used PRNG as backup (we're still in compile time here, this is not a runtime fallback). The problem was that their python code called a function that ended up in the library instead of in their own driver. So the TRNG code was there all along (and as far as I can see even accessible from Python via another function name), but the random.byte() function they used unintentionally ended up using the PRNG (later they called the library directly with the same result). PS: I've used Claude enough to recognize your answer was at least largely generated by it.

ineedanamegenerator

There were no good options. I wrote about this a few days ago: https://www.reddit.com/r/Bitcoin/s/dYdo7PS9Y9 The white hack would have been the least bad option imho. At least it would have been a story you could try to spin and would minimize damage.

Leynnox

Lol yes, sure, try that next time, buy a PS5 then tell your bank you received a rock, let's see how long it will take for them to refund you if you bought that on some shaddy webshop and not Amazon.

Timely-Fig2030

PS: I just found an old article stating: "62 percent of airline websites not as reliable as they should be" and the article complained about the uptime. It was an old article from 2009 and i am sure today's internet is a lot better. But if they can get something that ensures uptime at webspeed, they will go for it.

godofpumpkins

Yeah, so I totally buy that folks are going to keep exploring the low-entropy input space for cold card wallets, and that's what we're seeing. Hopefully the legitimate owners will move their coin before the attackers do. But that still doesn't feel like open season more broadly. This type of attack is pretty common and well known in the security community, and is something many major players have gotten wrong. The XKCD entropy joke comic was getting linked widely all over the internet 15 years ago ago when the PS3 boot process was hacked due to a very similar bug, where the implementation should've used proper randomness but didn't, which led to anyone being able to derive the private signing keys and install anything to it. It was a pretty major case: https://en.wikipedia.org/wiki/Sony\_Computer\_Entertainment\_America,\_Inc.\_v.\_Hotz. Like sure, folks will be pay more attention to basic entropy bugs for a while but there was already plenty of reason for them to do that.

Timely-Fig2030

So far, there is only 1 world computer, who runs applications fully on-chain. Internet computer spans a network over the public Internet, ensuring decentralization from dependence of google cloud and AWS. But Internet Computer is no enemy of AWS and google cloud. The traditional cloud services benefit from Internet Computer by maintaining connection and application uptime during traditional cloud outtages by spanning the Internet Computer network on top of the internet, even using AWS infrastructure. Do you get it? It connects infrastructure. A safety net on top of the internet. This alone has a lot of value. A major AWS outage occurs every year and many outages happen locally. ICP provides a solution here and cannot be compared to other layer-1 blockchains that have nothing in common with anything ICP does. PS: I had exactly the same opinion like you 2 years ago, cause i didn't understand the potential and was not informed.

Timely-Fig2030

Jep, exactly. And now experience it with Internet Identity. That's what my post is all about. PS: Internet Computer supports Bitcoin natively.

Timely-Fig2030

Amazon Web Services has experienced roughly 14 to 15 major, region-wide public incidents historically, averaging about one major event per year, alongside dozens of local hiccups. So you are for decentralization but you are against a layer on top of the internet, which insures decentralization? How come? Have you ever tested an app or a website on Internet Computer Protocol? Runs on webspeed. PS: I have created more than 40 websites professionally in the last 20 years.

Lost-Bowl3269

PS: isso que não estou chegando sequer nos problemas de navegador adulterado, keylogger, extensões maliciosas, etc. Nenhuma seed realmente segura deve chegar proxima de um computador com acesso a internet.

Head_Performance2432

technically speaking, just adding a 24 words passphrase (plain stupid) to a preloaded seed, would be a game changer, though ! PS : do not do this

CaptainTrader32

As a moderator of r/Market_Forecasts, I am always there lol.. PS: This is not an advertisement. Try us out anyway, lads )