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Topics - Oshosondy

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1
Bitcoin Forum / US wants to know bitcoin electricity usage in the country
« on: February 02, 2024, 04:23:36 PM »
I first saw it in Twitter:

BREAKING:  The Biden Administration has issued an "emergency" data collection initiative to identify the electricity usage of the #Bitcoin mining industry in USA

Then I saw it on the news: https://cointelegraph.com/news/us-crypto-mining-electricity-survey-energy-department

It is a six month mandatory survey.

Let us hope these people are not trying to come up with something.


I have first posted this on Bitcointalk https://bitcointalk.org/index.php?topic=5483892.new#new

2
https://cointelegraph.com/news/visa-crypto-withdrawals-cards-145-countries

This will not make the use of exchanges to be necessary.

But people may think it will not be centralized and no kYC will be needed, but that is a not true is my guess. I have not done it before but I am sure that KYC will be needed before you can withdraw crypto into fiat.

Anyone knows about the fee? I guess exchanges might be better.

I think I will prefer P2P.

3
News related to Crypto / Altcoins and their centralization
« on: January 30, 2024, 03:06:42 PM »
I am referring to Floki this time.

The Hong Kong Securities and Futures Commission (SFC) has warned users about Floki staking program, saying 30 to 100% annual profit seem to good to be true.

Floki has banned Hong Kong-based users from joining its staking program.

https://cointelegraph.com/news/floki-memcoin-blocks-hong-kong-users-staking-sfc-regulator

I am disappointed to here something like this. Most coins are centralized in one way or the other. Probably interested users may be able to use VPN or TOR but I do not know.

4
Bitcoin Forum / Bitcoin ETF ads on Google search engine
« on: January 28, 2024, 08:02:07 AM »
Some news and tweets on platform X about Google to allow bitcoin ETF ads on Google search engine. One of the ways people were scammed through phishing scam in 2023 is through Google ads.

I am thinking that for bitcoin ETF, Google will only allow the ads from a trusted companies like BlackRock and Grayscale and other 9 companies that SEC approved their ETFs already.

But Google search results are where scammers are many with fake ads, is this a step forward for scammers to begin using fake Google ETF ads to look firy who to scam?

Regardless, it is good to avoid those Google ads generally.

5
I am surprised to see this today, that a monero transaction in connection with the criminal trial of Julius Aleksanteri Kivimäki and the Vastaamo hack was traced.

Read the news from https://cointelegraph.com/news/finnish-authorities-traced-monero-vastaamo-hack

I am thinking this is not about monero but that users mistake or lack of knowledge to make a transaction like that untraceable can be made.

What do you think?

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