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Creating a decentralized, uncensorable, P2P currency vs Delisting SV
Hey Guys, So sometimes when I discuss something controversial, I come off as inflammatory - not my intention in this. This is meant to be a bigger discussion of the goals and ideals of crypto, some things I've noticed in general and the questions that it brings up for me. In the last little while when I come to btc, I see lots of conversations that seem to follow some of these issues:
BCH is great, allows open discussion and has great tools for a decentralized future
Hype for decentralized exchanges and removing the power from centralized exchanges
Anger towards certain people being kicked from popular centralized platforms (Twitter, Facebook, Patreon, Youtube, etc)
Ideas and replacements for the above platforms that are not censored
You know what I mean. If I were to put it into "We should move towards a decentralized future to ensure that we can't be censored again". ... And then today. We go and the top 5 stories are about different exchanges delisting SV. I go into the comments and read things like: "Apparently the market is not taking kindly to the BSV principals suing everyone." - My first thought: No the centralized exchanges aren't. The markets was still using it. "BSV is getting delisted from Binance, Shapeshift, and probably Kraken. Hopefully more exchanges follow." - First thought: How is this any different than guys like Jordan Peterson or Alex Jones getting banned from Patreon, Youtube, etc? "I can't help but feel the true supporters of Satoshi's vision (BCH) really did well." - First thought: Very true. But was this the work of the market or the work of exchanges? "Best news all year. Love seeing the crypto community band together and oust this group of crooks. Major, major props to Binance." - First thought: So if we don't like it we get rid of it? "The fact that BSV was added to any exchange in the first place baffles my mind." - First thought: What would happen if it were a DEX? To be clear - I am in NO way a Craig Wright or SV supporter. I thought it was crap from the get go. Maybe there are two groups of people on this sub - one fighting for a decentralized future and another who is cheering on the SV delisting - but (on a guess) I think that the two groups are pretty close to the same. But it gets me thinking about a decentralized future, what it brings and what it means to be truly uncensored and let the market decide. Everyone has opinions. Many of them differ. It's really easy to see when your own opinion is being stifled (see bitcoin). It's not always to easy to see when you are cheering it on (see SV). Especially if the end result is better for everyone in the end (see SV). The market, by and large, is stupid. Look at the amount of scam coins, fake ICOs, etc. that have been incredibly successful in the last few years. In a decentralized world, how do you deal with that? How can you stop the SVs? The scam ICOs? The Bitconnects? We could educate - but people will slip through. We could let the market correct, but how long would that take? And if there's one thing I've learned there will always be a better scammer. We could find a way to "de-list" but that goes against the whole idea of the thing doesn't it? Or is this a non-binary question - is there some level of centralization (ie. Power) that needs to be retained in order to prevent this? And who would check that power? How would they check it? How would it be uncorruptable? Obviously all of these are very open ended questions. I know how I feel on a lot of them - but I'm not entirely sold that my feelings are correct or valid. I agree with the removal of BSV, Alex Jones and Jordan Peterson - but is this one of those "and then they came for me" moments? Are they predatory people preying on the unsuspecting public or do they really believe in their opinions? I only ask because these are tough questions that we should be asking ourselves as we're guided towards the future. What are your thoughts? I'd love to hear them.
Binance CEO Changpeng Zhao has apologized for causing concern among the crypto community when he openly spoke about the possibility of a rollback for the Bitcoin blockchain following confirmation of a hack leading to the theft of USD 40 million worth of bitcoins on its platform.. The rollback had caused a sharp backlash, particularly among Bitcoin-only communities, aghast at the very concept ... Changpeng Zhao, founder and chief executive officer at Binance Holdings Ltd., discusses the price of bitcoin, what it will take to get across the $10,000 threshold and why we’re seeing a rise in ... where R t is the hourly return of an equal‐weighted price index that aggregates Bitcoin prices on Tether exchanges Bitfinex, Poloniex, Bittrex, Binance, HitBTC, Huobi, and OKEx and F l o w t is the average net hourly flow of Tether from Bitfinex to Poloniex and Bittrex and of Bitcoin from Poloniex and Bittrex to Bitfinex. The control variables include lagged returns, volatility calculated ... "If bitcoin can go above the big, round level $10,000, it will give hope to the whole crypto market," said Alex Kuptsikevich, senior financial analyst at FxPro, adding bitcoin is currently ... Matic — one of the first tokens to originate upon Binance Launchpad has witnessed one of the harshest dumps in crypto history, falling a massive 66% in … Institutional Crypto Investors Flag Regulation a ‘Risk and Reward’ for Bitcoin. By Z24Crypto Posted in Binance Bitcoin Bitcoin Research Blockchain News Cryptocurrency News News Regulation. Posted on July 21, 2019. Binance has ... To donate bitcoin, scan the QR code or copy and paste the bitcoin wallet address: 3HG8gLavDct1gQaLNDKdBpUxDLpuEToZRF Thank you! Tag: Timothy Peterson. Altcoin News. Giá Chainlink (LINK) được dự đoán đạt $32 vào cuối năm... Alex Fork-Tháng Tám 12, 2020. 0. Bitcoin (BTC) Nhà phân tích tuyên bố mức cao nhất mọi thời đại... Alex Fork-Tháng Sáu 12, 2020. 1. Bitcoin (BTC) Bitcoin sẽ đạt $75.000 sau vài tuần nữa? Hành động giá... Alex Fork-Tháng Sáu 9, 2020. 0. Bitcoin ... Major Malta-based cryptocurrency exchange Binance to restrict United States-based traders to new regulated US platform. Malta-based Binance, the world’s biggest cryptocurrency exchange, has announced it will be launching a separate, fully regulated fiat-to-crypto platform for the US market. According to the company, the new US platform is being developed in partnership with Financial Crimes ... Der mutmaßliche Hacker der Bitcoin-Börse Binance droht mit weiteren Veröffentlichungen. Dabei tun sich jedoch viele Fragezeichen auf. Source: BTC-ECHO Der Beitrag Binance: Mutmaßlicher Bitcoin-Bö… Binance.US looks to be far more limited than regular Binance, with only Bitcoin, Ethereum, Ripple, Bitcoin Cash, Litecoin, and Tether trading available to start. Further, Binance.US will require identification information to sign up in order to comply with regulations.
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