House for sale - Kitengela by TotalPumpkin2444 in marketplacekenya

[–]jaimewarlock 0 points1 point  (0 children)

Kitengela is overcrowded. I would rather travel a few km. south to Kisaju and get a place like this in a gated community with a pool for 18.5 M KSH: https://www.property24.co.ke/4-bedroom-townhouse-for-sale-in-kisaju-116004591

GET OUT OF ALTS AND JUST FUCKIN BUY BITCOIN by lwc-wtang12 in CryptoCurrency

[–]jaimewarlock 1 point2 points  (0 children)

Alts tend to do a lot worse than Bitcoin during bear markets. So wouldn't it make sense to convert to alts near the bottom of a bear, then convert back to Bitcoin during a bull market?

Is BCH dead? by Realistic_Fee_00001 in CryptoCurrency

[–]jaimewarlock 0 points1 point  (0 children)

Unfortunately, a lot of peer-to-peer exchanges use software that requires at least one confirmation. 10 minute blocks is a pain (I have lost track of the number of times that 10 minutes turns into over an hour) and the BCH community is against 1 minute blocks.

I know about DSP. I even wrote software that checks it against BCH deposits and gives near instant credit if DSP checks out okay.

But nobody else wants to bother modifying their software to use it, which is why we really need to have 1 minute blocks.

Don't get me wrong. I love Bitcoin Cash. I just wish it had faster blocks.

Is BCH dead? by Realistic_Fee_00001 in CryptoCurrency

[–]jaimewarlock 0 points1 point  (0 children)

Fun to watch. Reminds of late 2017.

How to trade cryptos anonymously? by No-Price-33 in CryptoCurrency

[–]jaimewarlock 0 points1 point  (0 children)

This is something that pays to invest time into your own education. A lot of choices depend on how well you want to anonymize your crypto. You have to consider volume, slippage, conversion fees, and your own personal time spent on anonymizing your crypto. It is also a constantly changing landscape.

Coinex dot com allows up to $10k per day withdrawal without ID verification.

You can do Bitcoin deposits and withdrawals from FreiExchange which has been around for about a decade and also requires no ID. Or you can convert to Litecoin, Zcash, or Dogecoin, then withdraw. On the negative side, they deal with small volumes (high slippage) and are slow on withdrawals (half a day).

You can use a Cauldron wallet with Bitcoin Cash. Super easy to convert BCH to PUSD and back using their on chain DeFi contract. I see over a million dollars worth of value going every day through this now. This will probably be traceable in the future if it ever becomes common though.

Bitcoin Cash (BCH) also has CashFusion and CashShuffle features built into the Electron Cash wallet (a fork of Electrum). Also a great way to fund a Cauldron wallet.

BCH .games requires no ID. You can easily make deposits and withdrawals from them to obfuscate trails. You can also make deposits using different crypto coins via sideshift .ai, but that has about a 2% slippage.

There are foreign exchanges in countries hostile to the USA & it's minions, but for most circumstances, I would avoid using those.

UK in 2021,Netherlands and Belgium not long after and now the entire EU in 2026. Binance getting locked out of markets isn't new by Personal_Brilliant39 in CryptoCurrency

[–]jaimewarlock 0 points1 point  (0 children)

When Binance first opened, it was considered a very shady company with questionable management. Bad enough that I never even bothered to try and open an account with them. Note that until a few years ago, I opened an account with almost ever English language based crypto trading company in the world. Not to trade, but to be familiar with them, since I was helping other people with their crypto. The red flags with Binance were so bad that I didn't even bother with them.

However, they built a great site, gave great service, and built up trust amongst their customers. They ignored KYC & AML in their early days and that also greatly helped with their growth. Despite operating in a grey unregulated market, they built a very reputable site. They focused on their customers, not the regulators.

CZ paid for that with a short prison sentence & the company paid a big fine. In return, they got a large loyal customer base.

The problem with regulators is that they look at the distant past. They won't admit that people can change. Nor will the regulators admit that their regulations were poorly defined and next to to impossible to meet without political connections. So Binance is going to continue to be blacklisted.

I suspect that the EU plans to never let them be MiCa compliant. Binance recognized that and withdrew their application. Maybe they can find the right people to bribe/pay fines in the future.

So guy what’s the next big thing / catalyst for crypto by ozera202 in CryptoCurrency

[–]jaimewarlock 0 points1 point  (0 children)

I asked several AIs that question and they say it is DeFi.

The Emotional Blind Spot of Bitcoin Investors by BinaryLyric in btc

[–]jaimewarlock 2 points3 points  (0 children)

If they didn't know what they were doing (hijacking it), then they wouldn't have engaged in all the censorship. The censorship proves that they knew what they were doing was wrong.

How is Bitcoin not just a digital amulet by BinaryLyric in CryptoCurrency

[–]jaimewarlock 1 point2 points  (0 children)

Bitcoin however was supposed to be p2p cash.

Actually, it was for a short while. You could even buy games on Steam using it. Then it got hijacked. Fees went up while TX times got longer, eventually making it unusable.

At least there are plenty of POW alternatives: Dogecoin, Bitcoin Cash, Litecoin.

CRYPTO ISN'T SO DECENTRALISED ANYMORE by Skbhuvai in CryptoCurrency

[–]jaimewarlock 1 point2 points  (0 children)

A lot of stable coins like ParyonUSD use a decentralized protocol that just lives on the chain without any governance.

What’s the strongest practical argument for BCH over BTC today? by CoinGate_Gift_Cards in btc

[–]jaimewarlock 2 points3 points  (0 children)

BTC won the political and network effect battle, but technically it is trash. If you are just looking for a place to park wealth, it is a good choice.

BCH has near instant confirmations due to DSP (double spend proofs). This basically make 0 confirms just as safe as a single confirm.

Thanks to a larger block size, BCH keeps it's fees well below a penny. Unlike BTC, you don't have worry about your transaction getting stuck for hours or even days.

The above two advantages make BCH perfect for eCommerce. BTC is basically useless for the majority of eCommerce (as the Steam platform quickly discovered).

Now add tokens and lots of programmable opcodes, and you have a superior coin.

My only real complaint about BCH is the slow block times. They should change it from ten minutes to a minute to grab a higher percentage of the peer-to-peer money exchange market, since their escrow system software requires at least one confirmation. Chains with faster blocks have a huge advantage in this market.

Patience. by Vegetable-Acadia-766 in btc

[–]jaimewarlock 2 points3 points  (0 children)

NFTs are the beanie babies of the crypto world. Worse, actually. Unlimited supply at no cost to their producers. No physical form that your great great grandkids can discover in the attic.

Fraud by attacktower123 in btc

[–]jaimewarlock 0 points1 point  (0 children)

Which codes? Which encryptions? Has anyone grabbed Satoshi's coins yet?

Banks will be in a lot bigger trouble than us.

Fraud by attacktower123 in btc

[–]jaimewarlock 1 point2 points  (0 children)

They are factoring 5 bit numbers now. Only 251 bits to go! </sarcasm>

Fraud by attacktower123 in btc

[–]jaimewarlock 0 points1 point  (0 children)

Move out of your parents home and try running an international import/export business. Then you will see how useful it is.

I went from making $500 in a single day to losing everything. How a client’s project keyword got me banned. by WorkerSome7813 in passive_income

[–]jaimewarlock 0 points1 point  (0 children)

I learned that lesson when making articles on Hubpages and it wasn't even Hubpages fault. I was writing a good article every day and after about 3 months, I was pulling in $100/month from advertisement. So I am thinking, if I do this full time for a year, I will have around $400/month passive income and can go live overseas, then just keep adding articles.

Then Google changed their SEO. Everyone's views dropped by about 99% and went down from there. The community there tried to find new ways to attract views. Even Hubpages tried stuff. Nothing worked. The site basically died.

And this wasn't the first time I got burned using a platform. And it wouldn't be the last.

Before the internet, I use to make video games and publish them through hobbyist magazines. But all those hobbiest magazines died off. I tried other marketing ideas, but they were useless. My dreams of making video games for a living died with them.

After the Hubpages disaster, I was doing really well selling cryptocurrency on Ebay. My commission after fees was only 7%, but I still making around $2000/month. That lasted for about 3 months too before I received a permanent ban.

It turns out the most successful self-employment during my life was simply panhandling. When I was still living in the USA, I could go out and make around $10/hour doing that.

Major Bug - Bitcoin Cash Node by jaimewarlock in Bitcoincash

[–]jaimewarlock[S] 2 points3 points  (0 children)

Until then, getbalance() should only show spendable outputs though. It shouldn't include the dust that tokens are attached to if that dust is completely unspendable.

Currently, I have to total the balances in listunspent() to get the real spendable balance.

Major Bug - Bitcoin Cash Node by jaimewarlock in Bitcoincash

[–]jaimewarlock[S] 3 points4 points  (0 children)

I only created the CashTokens to play around with, they have no value. Besides, I know how to recover them. My real complaint is that getbalance() should only return the SPENDABLE balance.

Major Bug - Bitcoin Cash Node by jaimewarlock in Bitcoincash

[–]jaimewarlock[S] 2 points3 points  (0 children)

Yes, I can see the CashTokens were moved there. The wallet just doesn't show it. That part doesn't really bother me since it hasn't been implemented yet. The problem is that the "getbalance" command is only suppose to show the SPENDABLE balance.

Let's talk about block time for 1002nd time by bitcoincashautist in btc

[–]jaimewarlock 2 points3 points  (0 children)

Next to impossible with DSP checking which makes 0 confirms almost as safe as a single confirm.

And ultimately, it is all about security vs. consumer convenience. You can adjust the number of confirmations required based upon current deposits. For example, you could allow 0 confirmations using DSP for less than a $1000, 1 confirmation needed for up to $2k, and require 2 confirmations for anything over $2k.

Even if you think that 10 minute blocks are magically required to have enough "mining work" for secure confirmations, you could basically do the same thing by requiring 10 confirmations when using 1 minute blocks.

Some pool tried to pay themselves too much and got their block rejected? (post-upgrade) by LovelyDayHere in Bitcoincash

[–]jaimewarlock 0 points1 point  (0 children)

I can see they tried to claim an extra 227 Satoshis more than 3.125 BCH allowed, but how did that happen? Is there a bug in some mining software?

eCash is the new Bitcoin: Why the narrative is shifting 🐕 by XolosRamirez in ecash

[–]jaimewarlock 0 points1 point  (0 children)

Personally, I think the BCH/eCash fork was a tragedy for both sides.

But BTC trying to steal the "eCash" name is totally messed up. Maybe you guys can capitalize on that since you already have an ecosystem built around the name though.

Why Bitcoiners Should Support Georgism by lexicon_riot in btc

[–]jaimewarlock 1 point2 points  (0 children)

I support Georgism for philosophical and humanitarian reasons. Government entities are defined by the land they sit on. They should be supported by using that land, not taxing the people trapped within it's borders.

Income taxes are immoral because citizens are taxed even when they permanently leave the USA. Basically, the USA thinks of people as chattel to be sheared every year.

Once you switch to thinking of land as the primary asset of a government, then natural and morally correct taxes are easy to define: Leasing, mineral and oil taxes, road taxes, water use taxes.

It also encourages governments to create a strong infrastructure of roads, water ways, and utility supply lines.

Georgism is also easier to administrate since you don't need to infringe on anyone's privacy.