_heimdall

I don't know that they would, but the government could easily crack down on this and catch a decent amount of people that are seeding without a VPN or similar to shield their IP.

If anyone I know is set on torrenting I tell them to at least use a client that allows uploads to be disabled. Its not foolproof, and isn't great for the torrenting ecosystem, but if the government gets all anti-Napster again it would at least help.

Well that's timely, and a bummer. I was just wondering about this yesterday, I use signal on my primary phone and Molly on a secondary phone.

Signal got an update yesterday and when I saw the notification I couldn't remember the last time Molly was updated...

Yeah we don't really have a green party in the US. I've heard that used as a bit of a derogatory way to refer to environmentalists, or maybe one could say environmental activists.

You're redefining store of value to make it fit. You aren't storing value with bitcoin, you're converting value of fiat into bitcoin at a specific point in time and then later able to pull out some other value of fiat.

Its almost a given that the value you pull out won't be what you put in, likely not close, its either much higher or much lower and that changes frequently over time.

If bitcoin tracked inflation, sure I'd count that. Under that definition, and its a reasonable one, government bonds are a good store of value and bitcoin is a terrible one.

Don't worry, I assume an LLM version of McAfee Total Protection Antivirus is coming soon

My point is thdt your aren't really storing value when price is highly volatile, you're gambling. If I put $100 into a store of value, it would continue to be worth $100. If I put $100 in and it may be $30 or $300 later, that isn't value stored.

And yes you can functionally make transactions, but based on current transaction fees it looks like I'd pay $0.22 in fees so I could wait 10-20 minutes for a transaction to likely clear. I'm not doing that at a gas pump, grocery store, etc.

Today or ever? Today I'd expect silver to be more common purely for the market price of it. The only thing stopping people from using metal coins today is that no one else does.

If I were selling a car and someone had gold coins to buy it with, I'd happily take it.

Right, and that was my point with exchanges and services functionally being required.

If these were ever to be used for common every day transactions it can't be limited to tech savvy people only. t which point even if I self-custody I'm still dealing with exchanges on the other end of every transaction. Its like self hosting email for security and missing that 80% of everyone is emailing you from Google servers.

I hope they come out of it okay, personally if nothing else as I can't imagine the stress and worry.

I am surprised such a tool from a small team would be used on Polymarket, assuming that was the cause for their hack.

It may be and look for Debugbear but its a terrible look for whoever makes vendor and security decisions at a large (definitely not gambling) company.

It does read a bit like Claude was wondering around homeless in a foreign land and now has a native home. Good for him I suppose, immigration is not a fun process these days.

Not a good look. They got hacked, post on Twitter for all of their users to delete it, then yank their own marketing site off the internet.

Functionally, yes anyone wanting to trade will likely use a centralized service.

That's one of my main gripes with bitcoin and all the others today. I don't agree with some of the original bitcoin papers ideas and goals, but at least the idea if being peer to peer makes sense.

The fact that today both securing and using these "currencies" requires a centralized service completely ruins the point of them. At best they're faster than wire transfers, at worst they're just a means to gamble on less regulated assets.

> Is crypto like USDT really decentralized if they can freeze assets

No.

> I guess it's in some middle ground between banks and true decentralization

Also no. It's the same as a bank in that one party holds your money and can decide to stop you from spending it. Its worse in that its much faster and has no regulation with regards to what is required for them to make that decision, like a legal warrant for example.

You can't be your own bank with bitcoin, you can be your own vault. Those are very different, and something that people can also already do today with fiat.