I thought you were the NFT expert, I don’t understand any of that shit.
Yeah it’s totally fine the mounties wount come for you.
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Oh shit wait you’re in Canadia now permanently? I’d suggest Binance then:
That’s where all the screenshots I post come from.
But yeah, you’ll have to do the KYC stuff there too if you’re doing bank transfer stuff.
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Yeah that’s all totally fine and standard then.
I was gonna say if you were trying to avoid the KYC stuff, Binance doesn’t require any of it for the standard account.
Also, I hope this was a brainfart and you meant ‘sell the PEAK LIKE A BOSS’.
Lol, but nah you’re good then, showing all that stuff is standard now.
I require anonymity but that’s because Binance doesn’t allow USA#1 customers anymore, but thanks to the wonders of technology they think I’m from Canadia too (moose brothers holla) though I have to avoid anything that involves fiat transfers and a bank.
Same. Been doing it since November. Also been shifting some of my stock holdings to crypto related plays.
Edit: I have all mine at Blockfi but the angry mob here called me a fucking moron for mentioning it. It brings extra counterparty risk but I’m fine with it for the payoff.
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It’s not Bitcoin’s fault if the cheapest electricity used to power some of the mining is created by the burning of fossil fuels. And you can’t blame Bitcoin miners for choosing the cheapest source to mine their Bitcoin, that’s just capitalism 101. If you want to point fingers, get upset with the governments for not imposing carbon taxes until we figure out a way to make renewable energy exclusively and universally the cheapest way to produce electricity without the need for taxes/credits.
Also note that in an article filled with citations, the phrase “Since most electricity used to mine Bitcoin comes from fossil fuels” does not have one.
O snap I hope that wasn’t news. Yeah, bitcoin is the harbinger of doom, twas ever thus. It’s the only accelerationist fantasy I let myself indulge in.
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The problem with that article and similar articles is their thoroughly missing the forest for the trees. It’s not about the electricity usage or how many prefixes you can slap on ‘colonialism’ rather it’s that bitcoin is the logical continuation and endgame of everything being wrong already. Person A was the first to have a thing, or killed whomever first had the thing, that everybody wants and/or needs so, therefore, obv, duh, everybody is subservient to that person, who first happened to have that thing. If this didn’t already exist with everything no sane and empathetic person would possibly dream it up. Bitcoin went from nothing to a trillion dollar asset class in like a decade, an absolutely hypercompressed time frame relatively, and thus is a wonderful teaching tool. And because at its core it’s just a neat little invention that should exist but shouldn’t be this, it holds up a mirror to everything else prior that’s more opaque but more ridiculous.
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Should the market cap of crypto currency attempt to account for coins that are lost forever? Seems like they should be, especially in the case of bitcoin where over 20% of existing coins are gone.
Well in theory you should be able to maybe find your lost private key in that pair of pants in the back of the closet so I’d guess no. Some of the first bitcoins ever created have never moved and will probably never move. Unless the people behind the Nakomoto persona had this as an endgame all along, to hold for over a decade then absolutely crash everything.
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It would completely go against their best interests to do so, however.
judging by the article, is it ethical to simply have bitcoins? i read that the transactions have a footprint. or does HODLing contribute to the electricity bill?
Satoshi being smart enough to create bitcoin with his goal to upset central banks but then dumb enough to lose his keys has always sounded weird to me. I expect he still has access to the obvious ones he mined at the start as well as plenty more that aren’t as easy to link to him. At some point slowly moving the most recently mined ones will no longer trigger a panic or he can just donate them all Mr. Robot style.
Weeeeeeee! $55k here we come. BTC etf in Canada got a ridiculous first day inflow too. We ain’t goin no where!
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Why not? Institutions are apparently backing the truck up.
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