During the court hearing it was revealed that the same man had actually given an interview in Feburary 2019, in which he had demonstrated how simple it was to hack into wallpads - describing them as something that "middle schoolers with basic knowledge of computers can easily hack."
The company of these cameras didn’t fix their security issue for 5 years… How are those people not in jail too.
A separate wifi network may still be connected to WAN. The only benefit to separating from your usual wifi network is to minimize the attack surface for a bad actor to access other devices on your network. But that’s not the topic being discussed here.
If you’re suggesting that the separate wifi network not be exposed to WAN, but to be LAN only, then yes that’s one possible solution to avoiding exposing these devices to WAN, which is exactly what we suggested. But thanks for your input, dolt.
Yup. I want a home monitoring service, but I’m too lazy to go wire up my house with Ethernet, and there’s no way I’m buying anything Wi-Fi. I worked with cameras at work for years, and I know how awful their security is.
So I have no surveillance at home. I think I’m probably safer with no surveillance than insecure surveillance…
To be fair, it makes sense for chai tea to be made explicit from unspiced black tea while still letting people unfamiliar with it know that it’s tea. Cryptocurrency not so much.
It was specifically designed to be a currency and that’s what people are using it for. So I guess currencies can be Ponzi schemes. The dollar sure is one.
Let me make sure I know my differences between a Ponzi scheme and a pyramid scheme. Because I may well be getting them confused. They sound very similar. Apparently Ponzi schemes are investing money while pyramid schemes are recruiting and making payments like a service. So yes. Money is a Ponzi scheme.
You’re making an inexplicable leap of logic that still has me thinking you have no idea what you’re talking about. Though I’m willing to believe you think you know what you’re talking about.
So what is money ultimately? It’s an abstraction that we exchange with one another as a common denominator for trades instead of me trading you 16.125 cows for a car. Therefore, with nobody to use it, a money is worthless. And so, to get people to use your money, they have to invest in it. They’re by making all money a Ponzi scheme. If they already have a money, then they are investing their money for your money. And if they don’t already have a money in existence, then they are investing time for your money.
Except we’re not trying to convince people to buy in to money so that we can cash out. Money doesn’t only increase in value by getting more people to buy in to it. I’ll grant you the defined value of a dollar is nebulous, but it’s not even remotely a ponzi scheme. Where crypto is, definitionally, a ponzi scheme. It sounds like you bought in to it, you probably want to cash out before you lose any more.
Oh no, exactly the opposite. I want to put more in because I use it as a currency. In fact, I just bought my groceries with it today. I also pay for my insurance, cell phone bill, and several other bills every single month with it, and have been doing so for over a year now. I use it how it was meant to be used.
The fact that people are still saying things like this about crypto—even after ETF approval—is proof that it’s still early. By the time the average person realizes what’s been going on with Bitcoin, it’ll be too late for you.
I’ve already tripled my initial investment from a year ago, and we’re just only getting started.
That user only represents some of crypto. There are others like myself who are not in it to get rich, but to maintain sovereignty in a surveillance state and dystopian world such as we are heading for.
You assume that crypto is some “honest” and “for the people” currency system because its all documented in the blockchain, when in reality it is gamed by big banks, investors and scammers just like other financial tool where a lot of money is involved and no or insufficiant regulations are in place. If Elon tweets “you can no longer buy tesla withy bitcoin”, your savings will loose a lot of value over night.
Fair point, I did my own research and came to the same conclusion and have been active in the Monero community. However, don’t take my word for it, do the reading yourself, and I think you will come to the same conclusion. The article mentioned zcash too which is not private as they are willing to change their code to stay complient with governmyth surveillance demands and therefore have no ethos. monero was just delisted from binance a few days ago because the community refused to comply with demands to hurt user privacy. This IMO shows backbone.
Having to do this sort of research just to discover which crypto currency you can’t actually know for sure that a nation state can’t watch but it seems like it might not seems like crypto currency isn’t the best way to guarantee anonymity compared to, say, a suitcase full of cash.
And suitcases full of cash are great, until such time that cash is completely eliminated, which it is well on its way to being, and until you need to leave your country in a hurry, such as Cuba or Venezuela, for example, and are not allowed to carry cash across the border with you. With Crypto, you only have to remember between 12 and 25 words, and you can take your money anywhere on the planet in your brain.
No, with crypto, you have to do a bunch of research and hope that research leads you to the right one and hope that what you’ve read about that one is really true.
And the “do a bunch of research” part is a huge first hurdle. One I’m not quite sure why you can’t see as a hurdle.
If you are not willing to learn, you should not be in the space at all. You and or somebody you trust needs to do the research. Otherwise, you’re just shooting blindfolded and praying, and that’s no way to live.
Everybody in the world has adopted state currencies without doing any research. Now you are being given a choice, which is something humanity has never had. So yes, you have to do some research. I fully believe that the era of fiat currencies and government manipulation of currency is coming to a close. Gold is a useful currency, but not in modern times because you can’t transmit it over the internet, and it’s heavy to carry.
Useful currencies don’t lose significant amounts of their value if someone digs a hole in the right place.
There is a tiny, tiny amount of gold on planet earth to begin with, and most of it is in the mantle which is inaccessible to us, leaving very little in the crust where it can be reached. Golds “inflation” rate is ~1.5% per year ove thousands of years using gold. People can buy more things with gold. Miners will mine more gold. And people will be able to buy less things with gold because there is more gold. Conversely, if you can buy less things with gold than normal, miners will mine less gold, therefore making less gold to buy things, and the gold will buy more things. Now once we end up in space and can mine asteroids, we might change the story.
People don’t even research who to vote for. Why would they research which of the countless cryptocurrencies to use?
They won’t, and that is both fortunate and unfortunate. Most people will probably buy Bitcoin since that is what they have heard of for over a decade. And that is not necessarily a great thing because of its transparency. However, going from one crypto to another is super easy. So once they are in Bitcoin, they can go anywhere they wish. The collective market decides which ones rise and which ones fall primarily based on their usefulness, at tasks. Just as a simple example, I used to use Bitcoin, but changed because the fees got too high, and it’s not privacy protecting. And Monero filled both of those roles better.
There is a tiny, tiny amount of gold on planet earth to begin with
Cool. How much. Do you know? Can you give me a specific number? Can you guarantee that there is no more gold than that which can be extracted anywhere on Earth and that it will not be enough to devalue gold until it is unrealistic to use? If so, please provide evidence for all of that. If not, you cannot make that statement honestly.
They won’t, and that is both fortunate and unfortunate. Most people will probably buy Bitcoin since that is what they have heard of for over a decade. And that is not necessarily a great thing because of its transparency. However, going from one crypto to another is super easy. So once they are in Bitcoin, they can go anywhere they wish. The collective market decides which ones rise and which ones fall primarily based on their usefulness, at tasks. Just as a simple example, I used to use Bitcoin, but changed because the fees got too high, and it’s not privacy protecting. And Monero filled both of those roles better.
Got it. Huge numbers of people will get fucked over by choosing the wrong currency and that’s why they will give up using U.S. dollars. Logical.
Cool. How much. Do you know? Can you give me a specific number? Can you guarantee that there is no more gold than that which can be extracted anywhere on Earth and that it will not be enough to devalue gold until it is unrealistic to use? If so, please provide evidence for all of that. If not, you cannot make that statement honestly.
Off the top of my head, no, I could not. However, I could find out how much gold is in the crust of the earth by figuring out how much gold is in the earth and then taking 30% of that number. To figure out how much gold is in the earth, you would obviously have to go back to how much gold is in the universe. And from that, you’d have to go back to the element that is gold, and its atomic weights and shit.
Got it. Huge numbers of people will get fucked over by choosing the wrong currency and that’s why they will give up using U.S. dollars. Logical.
Bitcoin is a good intro into cryptocurrencies. I don’t think there will be one cryptocurrency that everybody on earth uses. I also don’t think there will be 300 or however many nations have their own fiat currency. But I do think there will be a few. What I find most interesting and what I think most people will find most interesting either by learning about it themselves or somebody telling them about it is the inflation rate that basically does not exist and Even if it does is controlled very strictly by code instead of that the whims of people. I, for example, am an American, and I remember a decade or so back, hearing commercials all the time for a subway $5 foot long. Why on earth is it not still $5? If it was $5 then it should be $5 now, but it’s not because the government has printed more dollars. If that subway foot long were priced in gold, instead, the price would have stayed steady, or only went up slightly. So apparently the blood and sweat and tears I sacrificed yesterday is not worth as much today. You are literally saying people are worth less.
You keep saying things you are not backing up with evidence.
Anyone can make the claims you are making. You have already been shown to have made false claims about taxes.
It seems I have to “do my own research” to find out if anything you say is true… or just stop trusting anything you say, which would be a hell of a lot easier. And if you expect everyone to research whether or not you’re saying true things and then give up their dollars for crypto currency within, say, the next 20 years I think you’re going to be very much mistaken because I have never been less convinced to adopt crypto currency than right now.
Fair enough, but at the end of the day, that’s why you are you and I am me. We are all different people with different sets of opinions about how the world has worked, is working, and will work. We express that through our actions in life. I have been Am and will continue to be a crypto user because I find it has value in the world and other people agree with me. I can’t say what you were, are, or have been, but you have a view of the world, and think cryptocurrency is worth nothing, and you express that opinion by not using cryptocurrency.
Sorry but if it is available for anyone to use its public, you can’t use a blockchain currency without downloading and referencing the block chain. Something that can NOT be changed by you or I
Replace blockchain with ledger, because that is what it is. It is no more secure than using a fucking bank card.
Seriously how fucking stupid are all of you people?
Do me a favor and look up Monero Ring CT and stealth addresses. It’s not totally private, but if you are one of sixteen, there is a very low chance of being identified, and the more transactions away you are, the lower the chance of being identified properly. Also, full membership proofs are in the works, which would make the possible transaction part of every other transaction on the chain up until that point. And there won’t be a way to easily trace.
I can’t tell whether you’re a real crypto person or not. Real crypto people don’t believe in ETFs because you’re not holding your own keys. So it sounds like you are just in it to make more fiat, which is bullshit. But I could be wrong about you.
He had a foundation for helping people with addiction issues. By all accounts he was very committed and proud and it helped a lot of people but you continue making generalisations and insensitive suggestions.
Your thinking is so interesting that I need to learn the way you think. Please answer this if you don’t mind: If someone who are good at what they are doing are garbage, how do you define those that are not good at what they are doing?
I wasn’t measuring in fiat when I said a couple of thousand. however, i was also using inaccurate numbers so my fault. Using those numbers 73000000000/50000 = 1460000
Buy the real ones, bitcoin, ethereum, monero. Second tire like litecoin are okay, but not as good. Stablecoins are not real crypto since they are managed by companies and can be revoked or frozen.
In my view, the point is that everything will be tried, and lots will fail. But some will succeed, and those will become the things people go to. Another point is that most cryptocurrencies are either deflationary or inflationary, but controlled very strictly by code, and therefore runaway inflation will not happen. So there will be no more million dollars in Bobway bills, or Venice Waylas, or Argentina’s, or whatever, with hundreds and thousands of percent of inflation per year. Separation of money and state is something we should strive for because the state will no longer be able to fund endless wars and prosecution against innocent people. The way they do it now is through inflation, since taxation is not popular.
Why are you assuming the successful ones won’t be scams? There are lots of successful scams.
Also, taxation pays for things like roads and fire departments. It ensures meat and medications are inspected and not tainted. It enables enforcement of environmental regulations.
I know the whole libertarian ‘taxes are evil’ thing is something you guys believe, but it is not actually the case and there has never been a nation where there is no taxation in the history of currency.
Also, 93% of Americans think it is your patriotic duty to pay taxes. Many of them think taxes are too high, but most people think taxes are not a bad thing in general and people should pay them.
I know taxes can be used for good things. However, I would argue that in the majority of cases, taxes are nothing but a way to extract money from people and give it to a select few in government or friends of government such as Lockheed Martin. Why does everything the government uses cost so much? Because there’s no competition, and very little to no need to inovate and ask how something could be done better. I dont see NASA flying reusable rockets for example. Before SpaceX launch costs were way to high because of slow design. Now a highschool can put up a cubesat if they wish. We can argue about whether they should or not, but the point is that they can, and they could not before.
What is CBPP? if its government its not trustworthy. Even then, defense showing as 20% means that 20% of my money is going to kill people who have never harmed me. So can I just refuse to pay 20% of my taxes? No, I can’t. Because if I did, I would be thrown in a cage and made to sleep with the lights on 24/7.
Nope, ~1% if crypto is illegal use. The other 99% is perfectly above board. Cryptocurrency IS currency and so will be used for illegal activity just like every other currency
“Overall, the share of all cryptocurrency activity associated with illicit activity has risen for the first time since 2019, from 0.12% in 2021 to 0.24% in 2022. [2]”
bitdefender.com
Hot