The first thing I did with the airtag that I hid in my car was to remove the little speaker. I'm not a stalker but I like to know where my car is just in case it gets misplaced. It's trivial to remove the speaker.
A thief may notice that he's being tracked but he'll probably have a real hard time tracking down the tracker. Easier to just leave the car by the side of the road for me to pick up.
If for some reason the trust evaporates people will panic and want their actual dollars. A tether crash will follow.
Of course, the dollar isn't trustless either...
This is very true. We are very bad at this.
Always has been.
Will it be available in a greenwash color?
My son is Dutch and an avid 'fietser' so we're both aware of this. He's not so happy about us moving to a different country with a very lacking bike infrastructure.
He likes to watch this youtube channel:
Millions and millions of Dutch e-bikers respectfully disagree.
And we are leading the world in bicycle use and infrastructure (according to my son).
I had a period in which I used credit cards a lot, but these days, with world wide useable bank debit cards, paypal and other apps and Bicoin/lightning I very rarely feel the need to use a credit card. Perhaps it's because I'm European, but there seems to be plenty of competition.
I believe the problem is that the US is trying to stop Iran from doing business with other countries by blocking the US controlled payment networks. Regardless of how you feel about US or Iran policy it doesn't seem reasonable that a third party can block transactions between two willing parties. Bitcoin (and it's offspring) seems a reasonable way to get around this because of its censorship resistance.
Very few of these technologies ever make it from the front page of Slashdot to our homes, it seems. So, color me sceptical. Perhaps the Chinese haven't learned this yet.
If they're onto something, good for them.
If there's a company behind it it's a security.
My kid loves it. He used to let me select a random spot on Google Earth and figured out the location. Now someone made a game of it. Very well done.
"An investment contract exists if there is an "investment of money in a common enterprise with a reasonable expectation of profits to be derived from the efforts of others."
It's easy to forget, but when Bitcoin was created there was no expectation of profits at all. Most people (including me) thought it was madness to expect a bunch of numbers to become worth something.
After Bitcoin turned out to be profitable it became impossible to start an altcoin without a reasonable expectation of profits. Isn't that lovely?
Bitcoin also has no CEO, no owner and no pre-mine which sets it apart from all other (alt)coins. It also makes it fairly immune to regulation. You can regulate exchanges or even Bitcoin owners, but you cannot regulate Bitcoin itself.
Actually, Gensler has lectured on this subject as an MIT teacher many times long before he was the SEC chair.
The Supreme Court approved method to distinguish commodities from securities is the Howey test.
If you want to go beyond the typical superficial slashdot level of crypto discussion you could read this.
https://www.sec.gov/news/publi...
All altcoins are securities and should be regulated as such. Bitcoin is not. Pay attention.
Aren't good enough for this?
Kleeneness is next to Godelness.
