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bitreality

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Facebook Digital Identity Solution Concept

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1 points·by bitreality·5 anni fa·0 comments

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bitreality
·4 anni fa·discuss
Does it? Bitcoin just says anyone can transact. But that doesn't really solve the problem. The problem is that legal businesses should be able to transact. Illegal businesses should not.

Bitcoin just removes all the limitations. But that creates new problems, quite frankly. Plus, it's very difficult for businesses to utilize Bitcoin. Fiat onboards have similar limitations to Visa/MC. Many legitimate business models will be denied accounts at reputable exchanges.
bitreality
·4 anni fa·discuss
This is the reality. Payment processing is a utility. Small businesses literally cannot operate online without payment processing. On first glance there appears to be many third party providers, but ultimately they are all processing Visa/MC, and are selecting customers on the same criteria.
bitreality
·4 anni fa·discuss
Such as what happened in 2018-19? Bitcoin never goes "bankrupt". Bitcoin never ceases to exist. The price can do whatever it wants, but the lower it goes, the more momentum it can build on the way back up.
bitreality
·5 anni fa·discuss
Most cyber criminals have a script. They don't deviate from the script unless they think they have a potential home run. Even then, going from this to sending out fake mail correspondence... That's a whole different toolbox. 99%+ of the time they will not even consider it. Especially since it's not scalable.
bitreality
·5 anni fa·discuss
They have people voting over 3% tax increases and gay marriage, not surveillance. Doesn't matter who you vote for, every party is in favor of increasing their power.
bitreality
·5 anni fa·discuss
Another example on how tech giants control the livelihoods of millions of people. They can press one button and put thousands of people out of a job at any time. Workers rights? How about an automated reply and no specific reason for the death of your company/application/income.

These companies need to be regulated ASAP. Especially when it comes to terminating users.
bitreality
·5 anni fa·discuss
I assume those data waivers are set up through deals between the telcos and the companies behind those applications. Microsoft certainly has the resources to arrange similar deals, but they seem to have given up on Skype years ago. Absolutely baffling, especially with the recent valuation of Zoom.
bitreality
·5 anni fa·discuss
The smoking gun is that labs in Wuhan were studying different coronaviruses in bats at the time the virus emerged. One of those labs was right near the seafood market which had one of the first documented outbreaks.

It's all circumstantial evidence of course, but that's really all you're going to get with a country like China. We can be damn well sure that they would never admit to the virus originating from a lab leak. To me, this is the clearest and most likely source of the outbreak.
bitreality
·5 anni fa·discuss
Skype for business school case studies on how to destroy a massive lead in video chat and messaging.
bitreality
·5 anni fa·discuss
The problem is that discussing this hypothesis in any form is often labeled as "offensive" and "racist". The generally accepted theory even in the West is the lab leak was somehow disproved. It's always baffled me, because the only way you could really disprove the lab leak theory would be by finding the original source of the virus.

Instead, the media often attempts to disprove the lab leak by pointing out that COVID-19 differs from the viruses that were being worked on in the Wuhan Lab. But that in itself implies that China is being transparent. To the contrary, we know that China would take every measure to obfuscate the lab leak if they believed it was the origin of the virus.
bitreality
·5 anni fa·discuss
For that very reason, we cannot accept their narrative at face value. We certainly don't have enough information to confidently eliminate the lab escape theory. The media has largely suggested that the lab escape theory has been disproved.
bitreality
·5 anni fa·discuss
This will be an interesting case study in what happens when a government goes head on against cryptocurrencies. This will lead to some interesting innovation in the space. There are too many cryptocurrency users and believers in India at this point.

We will see some interesting P2P exchange platforms where anonymity becomes paramount.
bitreality
·7 anni fa·discuss
What you're forgetting is that running an online business all day is isolating. Going to work with colleagues, all working towards a common goal, gives a sense of community. When you are not dependent on the money from your job, it also gives you a certain amount of leverage people normally don't have.

Then on top of this, for this gentleman to see a big change in his/her lifestyle, considering they are already earning $6K/month, any new business would need to make substantially more than that. Is making another $6K/month going to seriously change his/her life? Probably not. Maybe it affords a bit of a nicer house, staying at 5 star hotels VS. 4 star hotels.

The reality is to see a major difference in lifestyle from a new business, it would need to make $20-30K a month, or more.