wachtwoord

'Petro' is not a crypto. Neither is that Canadian trash. Please don't soil the name. It's just fiat.

LOL. Well Bitcoin cash (scam) and Ethereum (centralized) are also valued in the billions. This is like the dot com bubble: back then everything with a website was bid up, now everything with a blockchain (or even without see Ripple). Buying and holding the few legitimate companies also worked in 1999 (albeit it took a while for the income of these companies to match up to their outlandish valuations).

I agree with the sentiment here. SD you seem to have an overly simplistic view on this and it seems you were not aware of specifics of the Canadian tax code. If you're going to try anything you better be damn sure you're factually correct and even then I doubt this will be accepted. Be safe, these are not organizations you want to mess with ...

You trust CBs SD? The main people into Bitcoin do not. That's why CBs are not present (and cannot be present) in Bitcoin's design.

SD you forgot about transaction fees. And yes 21M will be the limit. No-one wants to hold a bitcoin fork which abandones that limit.

You'd be better of buying something (as a store of value) that doesn't require backing cause it's the actual thing such as gold or Bitcoin rather than something non-existing, even if backed by a real thing (which this is not as fiat currency is NOT backed by gold these days).

Lol! The whole value proposition of Bitcoin is decentralization and absense of the need to trust. Canadians crack me up (but Russia and Equador are doing the same stupid thing). The Canadians have even tried something similar before with Mintchip (https://www.coindesk.com/canadian-government-end-mintchip-digital-currency-program/ ). Dead on arrival.

Wealth protection is one of the most obvious use cases. You know that's big business (and completely legal) right?

Do you have any idea if what the Panama paper whistleblower did was illegal or not? I'm no expert in Panamanian law, but it sounds a bit presumptive to blindly accuse someone of theft. Says the person who assumes all individuals banking or investing in other countries than their own are not paying their legally required taxes :) Anyway no reason to start a "fight" here. Doesn't seem like a fruitful discussion will develop so I suggest we kill it.

I was referring to the blind faith in the government and the indirect condemnation of those exposed in the paradise papers (who are not criminals while those releasing the papers are). What are you talking about? A tax resident of the US or Spain for example, not declaring their income that they hid offshore is against the law in that country, hence by definition said person would be a criminal. I know that does not apply to ALL named in the Panama Papers, but would apply to some (many?). Based on your attitude towards the government and taxes, the IRS should be auditing you every single year :P something tells me they would find some interesting discrepancies. Note I wrote paradise papers, not panama papers. Paradise papers was all legal, even the leftwing propaganda machines admit that, it's just that the general populace doesn't think it's fair. Plus the "journalists" (thieves) that "acquired" (stole) the papers from the law firm are not condemned at all for their heighnous act. They publically shared private information obtained by theft against the will of those involved. Such honourable people. And myself? I'm much too small a fish to setup tax structures liked that without the costs exceeding the savings.

I was referring to the blind faith in the government and the indirect condemnation of those exposed in the paradise papers (who are not criminals while those releasing the papers are).

There is no reason a government couldn't issue money on a blockchain. But you know they would never relinquish control over it. It wouldn't be a mined public blockchain, it would be a private blockchain running on government servers. They would have complete control and could issue new units at will just as they do now only they would have perfect record keeping over who owns what and where they got it from. It's the IRS's dream come true. Man I really hope this happens. No more panama/paradise papers! Wow. Makes me really sad when educated people talk this naive :(

I bought some T.PPR as well. But also T.IPO and V.ATU. What are the most important metrics you guys use to value these? (both on a relative and absolute basis)

The effective date in the above text is today correct?

You guess? This just went from "wtf is this? lol" to "hey that's clever!" with StubbleJumper's post. This could work, especially of the collateral stays in Canada to collect when some of the customers flee back to Canada.

I like their graphs better than Yahoo Finance and use it a lot. Also their data often seems more correct than Yahoo (of course you need to check, but nice if you can discard ideas quickly). I hope they won't degrade the service.

It's not that hard. If you don't understand it on a high conceptual level, don't get suckered into in-depth low level (paid!) trainings.

? is this not simply trading in a broker/dealer capacity? It likely is. But can they buy things for their customers what they consider a fraud?

Store of value of course.

I fully agree with beerbarron and this why the block size is not simply being increased despite the pressure. However, far from all transactions need the level of security and censorship resistance as Bitcoin and therefore part will be offloaded to less secure channels. Read about lightning if you're interested for a possible implementation.

Right now it almost certainly does. The bullish case is that the costs will come down over time (i.e. computing, electricity, storage) while the benefits will increase over time as more applications for this are found and become widely used. If either of those assumptions doesn't turn out to be true then there is nothing to see here but a big tulip bubble. I'm stepping way out of my knowledge zone here, but isn't the security of blockchain based on high cost? I.e. isn't it by design based on hard (and also useless - which makes this doubly waste) problems to solve? Maybe there are solutions for blockchain that don't require the above while it still remains blockchain. My suspicion is that solutions just make it not-blockchain-that-is-still-called-blockchain-for-sales/marketing-easy-money. But I might be totally wrong. 8) You're right. This is also why people who want a blockchain without a currency function (token of value) or permissioned mining (not everyone can mine hence centralization) don't get it all. Without those things blockchain is just an extremely inefficient database.

The guy is a 35 year old man not a minor https://www.engadget.com/2017/07/05/cnn-will-expose-reddit-user-if-he-ever-trolls-again/ http://dailycaller.com/2017/07/05/cnn-staff-reeling-after-personal-info-leaked/ Because CNN says so? CNN prime time ratings are now lower than 40-year old reruns of Yogi Bear. It's nice when the market punishes the bad actors :)

The guy is a 35 year old man not a minor https://www.engadget.com/2017/07/05/cnn-will-expose-reddit-user-if-he-ever-trolls-again/ http://dailycaller.com/2017/07/05/cnn-staff-reeling-after-personal-info-leaked/ Because CNN says so?

You mean the one coerced out of him by CNN who threatened a minor with public humiliation? You're trying to have the moral high ground and you really just gave THAT as an example ..... ?

If this gets resolved, what do you expect the upside to be? $10k+ right I expect.