Just change the hashing algorithm for the new coin so that it is different from that of established coins. In other words you wouldn't want to do a sha256d and then someone who has racks upon racks of ASIC miners connects to your network and mines with all of them until the difficulty is so high that nobody can participate in it.

The thing is, you can't really outlaw mixers and coinjoins without also outlawing privacy coins such as Monero. The reason being, that it makes no sense to ban mixers when people will just do BTC <=> XMR <=> BTC exchanges on different exchanges.

Quote from: NotATether on May 02, 2024, 10:20:07 AM

I find it quite funny that Bitcoin.com needs to talk to its spokesperson in order to write about this.

Yes, that's somewhat funny but I believe they don't want to have any clashes with Roger Ver as he's been a part of the crypto sphere for a long time and that's why Bitcoin.com want to have some distance from this issue.

If America imposes a strict ban on the use of bitcoin like this, it will be bad news for bitcoin and most likely this will cause the price of bitcoin to collapse. I suspect that what the American government is doing is aimed at controlling the price of bitcoin.

Ver allegedly hired a law firm to assist him with his expatriation and to prepare his expatriation-related tax returns. Ver also allegedly hired an appraiser to value his two companies. Ver allegedly provided or caused to be provided false or misleading information to the law firm and appraiser that concealed the true number of bitcoins he and his companies owned. As a result, the law firm allegedly prepared and filed false tax returns that substantially undervalued the two companies and their 73,000 bitcoins and did not report that Ver owned any bitcoins personally.

In fact, it is much broader than the Musk project.

Because basically, Dogecoin has its own characteristics to be used as a transaction tool, one of them. and also as a meme coin which is the most important and trendsetter.

That's right, Doge is very special because Doge is the pioneer of all the meme coins that currently exist. Imagine that previously Dogecoin didn't have many fans until Elon Musk started giving full support to Dogecoin and made the price rise to very expensive.

Quote from: Z-tight on May 03, 2024, 05:13:21 PM

Quote from: yhiaali3 on May 03, 2024, 06:08:25 AM

I wonder if Zhao had been a poor man who had no money, would the judges have sympathized with him?

That is not the case here, a 'poor man' would not own a cryptocurrency exchange that will give him the opportunity to commit the financial crimes that CZ and Binance committed. CZ pleaded guilty, paid billions of $, cooperated with authorities and gave them all the info and data they need, and that is why the sentence was light, it has nothing to do with sympathy from the judges.

It seems that you did not realize my hint. I am hinting here at the role of money in the case (under the table). A man who has a lot of money can spend some money to gain the sympathy of officials and even judges.

Also, according to the latest news, there are negotiations with the SBF now to obtain another reduction in his prison term if he cooperates with the authorities in exposing the celebrities who promoted FTX. In addition, we saw how he spends comfortable times in prison.

As the market has dumped a lot from its peak price so far we cannot consider this market condition as a bear market.

Why it is the beginning of bear market?

A market correction occurs when a stock market index, such as the S&P/TSX Composite Index, drops by 10% or more from its previous peak. When the decline reaches 20%, it’s called a bear market. If that 20 % decline happens over a very short period, then it is a stock market crash.