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Merged Bitcoin - Part 3

steenkh said:
True, but can the wallets be tracked to their owners?
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well sometimes. usually there’s some kind of corroboration required.

it’s possible but incredibly difficult in all but pretty massive wallets. are you going to figure out who stole $500 in a facebook marketplace scam? probably not. north korean hackers stealing half a billion? yeah a little easier.

edit

it also comes with incredible privacy downsides. split a bill with a date? they’ll know your entire financial history of the wallet you split the bill with, for example.
 
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Gulliver Foyle said:
Then they don't understand bitcoin. It is the most easily trackable payment system around as every transaction is public by design.
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But it can circumvent Banks and thus sanctions and government interception.
Criminals are not stupid.
Who cares if a transaction is traced to a cutout?
 
bitcoin down at the news of trump and elon's breakup. so, pretty good store of value.
 
Dr.Sid said:
How is it even remotely related ?
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how is what related? the price of bitcoin and the crypto president and the pro crypto richest guy on earth that tweets about it all the time and who both have run crypto scams?

or weird and extreme volatility and being a store of value?
 
yeah, extremely over short periods of time. which is what you’d want out of a store of value i suppose.

Dr.Sid said:
How are Trump and Musk related to Bitcoin ?
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that their public statements drastically effect the price of this good store of value

unless there’s some other reason it dropped sharply at the time of their twitter argument?
 
so there’s no correlation between major crypto figures having a bizarre public fallout and the price of crypto to you? lol i thought you were trying to make me look stupid.
 
lol well if it’s going to be just as volatile as the market, you’re better off parking your money there. at least it’s not a ponzi
 
i disagree, trump is a major figure in crypto and been openly discussing investing trillions of taxpayer dollars into bitcoin and other crypto through sovereign wealth funds and crypto reserves. musk was a member of his cabinet and has a long history of crypto involvement as well.

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they’ve also been proposing and enabling all kinds of favorable regulatory conditions. he’s killed investigations into several major crypto exchanges.

like how can you deny that? lol
 
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Trump might have been talking about investing more in crypto. But how does him and Musk bickering change that ? Was he only saying that because of Musk ? Also what changed since yesterday, as the price went back up ? Are they bros again ? Are the trillions investments back on track ?
 
Dr.Sid said:
Trump might have been talking about investing more in crypto. But how does him and Musk bickering change that ? Was he only saying that because of Musk ? Also what changed since yesterday, as the price went back up ? Are they bros again ? Are the trillions investments back on track ?
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www.whitehouse.gov

Fact Sheet: President Donald J. Trump Establishes the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile

CREATING A STRATEGIC BITCOIN RESERVE AND DIGITAL ASSET STOCKPILE: Today, President Donald J. Trump signed an Executive Order to establish a Strategic
www.whitehouse.gov www.whitehouse.gov

it’s not might have been. additionally state legislatures have begun to establish their own.

bitcoinlaws.io

State Reserve Race | Bitcoin Laws

Track the progress of Strategic Bitcoin Reserve (SBR) bills across all U.S. states. See which states are leading the race to establish bitcoin reserves.
bitcoinlaws.io bitcoinlaws.io

there’s way more to trumps involvement in bitcoin and crypto beyond that, from easing regulations to killing investigations, and political donations, and way more. plus, just look at the price in the days leading up to the election and after.

you can disagree with all that and that’s fine. i just don’t think it’s very fair to act like it’s ridiculous to think that the crypto president publicly feuding with the doge meme coin guy had an effect on the price, and that something so volatile as a store of value is contradictory

in any case, feel free to speculate on the particulars. i think they’re interesting questions if they’re in good faith.
 
dirtywick said:
www.whitehouse.gov

Fact Sheet: President Donald J. Trump Establishes the Strategic Bitcoin Reserve and U.S. Digital Asset Stockpile

CREATING A STRATEGIC BITCOIN RESERVE AND DIGITAL ASSET STOCKPILE: Today, President Donald J. Trump signed an Executive Order to establish a Strategic
www.whitehouse.gov www.whitehouse.gov

it’s not might have been. additionally state legislatures have begun to establish their own.

bitcoinlaws.io

State Reserve Race | Bitcoin Laws

Track the progress of Strategic Bitcoin Reserve (SBR) bills across all U.S. states. See which states are leading the race to establish bitcoin reserves.
bitcoinlaws.io bitcoinlaws.io

there’s way more to trumps involvement in bitcoin and crypto beyond that, from easing regulations to killing investigations, and political donations, and way more. plus, just look at the price in the days leading up to the election and after.

you can disagree with all that and that’s fine. i just don’t think it’s very fair to act like it’s ridiculous to think that the crypto president publicly feuding with the doge meme coin guy had an effect on the price, and that something so volatile as a store of value is contradictory

in any case, feel free to speculate on the particulars. i think they’re interesting questions if they’re in good faith.
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Yes, I would expect some reaction when the legislature was established. Ie. on March 6th. But there was basically no reaction, and BTC only started to rise in April. It's really hard to tell what affects BTC prices. It's just not so simple.
Also it did not really move even now. It fell 4% and it's back again. That's pretty much normal.
 
it’s true that it’s very volatile, many things can move the price of bitcoin wildly and unexpectedly. it’s even known to crash occasionally
 
Dr.Sid said:
Neither Trump nor Musk are major Bitcoin figures.
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they are both big pushers of Crypto, Elon has been involved in pumping crypto and Donald has launched his own scam crypto.

Of course they are major figures.
 
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