Video Bruce Fenton on the Bitcoin Foundation, Satoshi ...

01-01 08:13 - 'Year end PSA: In USA you can donate Bitcoin to charity and deduct the full CURRENT value even if your cost basis is $.10. No cap gains.' (twitter.com) by /u/bruce_fenton removed from /r/Bitcoin within 2078-2083min

Year end PSA: In USA you can donate Bitcoin to charity and deduct the full CURRENT value even if your cost basis is $.10. No cap gains.
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Author: bruce_fenton
submitted by removalbot to removalbot [link] [comments]

Questions and Answers from OKEx AMA with Tron Black - 2/18/2020

https://twitter.com/OKEx/status/1228212766126661633
The AMA was a huge success! THANK YOU TRON!
If you want to see all the questions that poured in when they opened the AMA up for questions from the audience, here they are: https://pastebin.com/KVpyXmgu The Telegram admins had to temporarily mute the group because there were so many questions flooding in from so many people. A *good problem* to have. :)
Below are all the ANSWERED questions.
-------------------------------------------------------------------
[email protected], [18.02.20 05:09]
Here’s question#1:What is your background and how did you come to the idea to create RVN [email protected]

Tron Black, [18.02.20 05:12]
Sorry, I was locked out for minute.

Tron Black, [18.02.20 05:12]
I'm just a tiny part of Ravencoin, and there are some amazing developers (Jeremy, Mark, Cade, and Corbin) that have been brought the new capabilities to mainnet. The core idea of bringing assets to a bitcoin-derived blockchain platform came from Bruce Fenton, a former Executive Director of the Bitcoin Foundation with life-long experience in the traditional finance and stockbroker world. Medici Ventures is allowing some of its developers to contribute to the project. I was fortunate enough to have the right background to help with this project. I have a CS degree, C++ coding skills, economics background, early entrepreneurial success, teaching experience, an MBA, and a burning passion for the crypto-space and how it can change the world for the better.

[email protected], [18.02.20 05:12]
Thanks. Here's question#2: Why did you name the project Raven? What was Raven created to solve? What is the business model of the project?

Tron Black, [18.02.20 05:12]
The name came from Bruce Fenton. Ravens are clever birds with a rich history. Ravencoin makes it easy to create and transfer your own asset. There isn’t a business model for the project. It is a gift to the world in the spirit of Bitcoin. Medici Ventures has allowed some of its top developers to contribute time and effort to the project. Medici Ventures does hold some mined RVN, so it may be a win-win.

[email protected], [18.02.20 05:14]
Thank you for answering. Let's move on to the next question# 3. What are the $RVN tokens used for? What gives it value?

Tron Black, [18.02.20 05:15]
Thank you for asking.

Tron Black, [18.02.20 05:15]
The RVN tokens are used to purchase your own token on the Ravencoin platform.

Tron Black, [18.02.20 05:16]
Those RVN are burned.

Tron Black, [18.02.20 05:16]
RVN is also used to incentivize the miners to secure the chain.

Tron Black, [18.02.20 05:16]
RVN is also used for transaction fees for tranferring RVN or user-created (your) assets.

[email protected], [18.02.20 05:17]
Cool. Here's question# 4:In your opinion what is the unique "selling" point, or best feature, of Ravencoin?

Tron Black, [18.02.20 05:17]
This is like being asked "who is your favorite child."

Tron Black, [18.02.20 05:18]
Except answering it doesn't cost children thousands in therapy so I'll give it a shot.

Tron Black, [18.02.20 05:18]
The best feature of Ravencoin, with the most unexpected results, has been its linkage to IPFS.

Tron Black, [18.02.20 05:19]
This was originally done to ensure that meta-dat about a token doesn't get lost like it has on other platforms like Counterparty.

Tron Black, [18.02.20 05:19]
The linkage to IPFS has RECENTLY been extended to include messaging, and memos.

Tron Black, [18.02.20 05:20]
You can now include information, even a PDF, or a video clip with every transaction.

Tron Black, [18.02.20 05:20]
This is powerful, and I can't wait to see how it gets used.

Tron Black, [18.02.20 05:20]
--------------------

[email protected], [18.02.20 05:20]
Quesiton#5 What are the advantages of using Ravencoin for assets tokenization compared to other blockchain protocols?

Tron Black, [18.02.20 05:21]
Wow. Where do I start?

Tron Black, [18.02.20 05:21]
First, the meta-data about the token can be recorded via IPFS, so everyone knows what the token represents.

Tron Black, [18.02.20 05:22]
Second, the token has a unique name which can help with preventing fake tokens, and allows humang readable "root-of-trust" for the token that isn't just 40 characters of hex (ERC-20).

Tron Black, [18.02.20 05:22]
There explorers for assets, like: https://ravencoin.asset-explorer.com

Tron Black, [18.02.20 05:23]
and https://www.mangofarmassets.com/assetviewer

Tron Black, [18.02.20 05:23]
Wallets like RVN Wallet, MangoFarms Wallet, and Zelcore wallet support Ravencoin assets.

Tron Black, [18.02.20 05:23]
--------------

[email protected], [18.02.20 05:23]
Here's our next question from Twitter# 6: Does being fully community-driven blockchain have its own drawbacks for rvn? You know, voluntarism means no marketing or legal team.

Tron Black, [18.02.20 05:24]
Yes, oh yes.

Tron Black, [18.02.20 05:24]
But the benefits far outweigh the drawbacks.

[email protected], [18.02.20 05:24]
[ Photo ]
📣Group is Off Commenting for a while due to AMA. Will allow back when Q&A session later. Kindly be Patience with us. Thank You🥰

Tron Black, [18.02.20 05:24]
It is just technology that people choose to use.

Tron Black, [18.02.20 05:24]
Ravencoin has attracted the right kinds of people, including donated legal help when it was needed.

Tron Black, [18.02.20 05:25]
The lack of a marketing budget does slow the awareness.

Tron Black, [18.02.20 05:25]
In some ways this is good, and the demand for RVN isn't reliant on promotion.

Tron Black, [18.02.20 05:25]
As other projects stop promotion, or run out of marketing funds, they are at risk.

Tron Black, [18.02.20 05:26]
Ravencoin is just growing slowly and steadily as more people learn about it.

Tron Black, [18.02.20 05:26]
Consider yourself fortunate to have learned about Ravencoin early.😁

Tron Black, [18.02.20 05:26]
---------------

[email protected], [18.02.20 05:27]
Great!!! Here's the next question from Twitter# 7:is it apple to apple if I say that ravencoin is going to disrupt wall street just like bitcoin is disrupting to central banking?

Tron Black, [18.02.20 05:28]
At the very least, Ravencoin will help show the way that tokenization can improve capital formation. It is up to others to take advantage of these new tools, technologies, and features.

Tron Black, [18.02.20 05:28]
It might happen first in countries other than the U.S.

Tron Black, [18.02.20 05:29]
Look at the story of Blockbuster Video (former leader in video rental), and Netflix (current video streaming leader) to see what might happen in the future. Is Wall Street the new Blockbuster Video?

Tron Black, [18.02.20 05:30]
I see similar patterns of arrogance, but only time will tell.

Tron Black, [18.02.20 05:30]
---------------

[email protected], [18.02.20 05:30]
Here's the next question# 8: How will Ravencoin defend hashrate distribution (algo question) if there are important securities issued on this platform (double spend attack)?

Tron Black, [18.02.20 05:31]
Ravencoin doesn't re-org after 60 blocks which helps prevent double-spend attacks -- a feature called NLR.

Tron Black, [18.02.20 05:31]
Also, something to be aware of is that in most cases tokens are redeemed by an issuer which removes the incentive to double-spend.

Tron Black, [18.02.20 05:32]
Example: Let's say the token is a share of real-estate. The laws of the jurisdiction for the real-estate would apply when redeeming for dividends, etc.

Tron Black, [18.02.20 05:33]
Also If the issuer is using the Restricted Assets feature of Ravencoin which have tokens that start with $, then the stolen tokens can be frozen.

Tron Black, [18.02.20 05:33]
Note: Regular assets (not starting with $) can't be frozen.

Tron Black, [18.02.20 05:33]
The issuer of the token should specify how redemption is handled.

Tron Black, [18.02.20 05:33]
--------------

[email protected], [18.02.20 05:34]
Thank you for your detailed answer. and Quesiton#9 How does RVN works? What problem did RVN solve? How do the Tokenomics work?

Tron Black, [18.02.20 05:34]
RVN works like BTC, because it is a code fork of BTC.

Tron Black, [18.02.20 05:34]
RVN lets you create your own tokens in under a minute. It is easy!!!

Tron Black, [18.02.20 05:34]
RVN is required to create your own token.

Tron Black, [18.02.20 05:35]
Heres' the breakdown:

Tron Black, [18.02.20 05:35]
500 RVN burned to create a root asset with a unique name. 100 RVN is burned to create a sub-asset (under a root asset). 5 RVN is burned to create a unique asset (NFT). 1000 RVN burned to be a qualifier. 1500 RVN burned to create a Restricted Asset with special superpowers. 0.1 RVN burned to attach a tag to a Ravencoin address. A small amount of RVN is used, but not burned to transfer assets.

Tron Black, [18.02.20 05:35]
------------

[email protected], [18.02.20 05:35]
Let's move on to the next question#10 Safety and security are always the most important things. So what is the security mechanism of RavenCoin to ensure user assets do not become the target of hackers?

Tron Black, [18.02.20 05:36]
Ravencoin has a strong network of miners.

Tron Black, [18.02.20 05:36]
Most of the original code is from Bitcoin which is probably the most vetted code in the world.

Tron Black, [18.02.20 05:36]
We have run a bug bounty to hopefully find any flaws before release to mainnet.

Tron Black, [18.02.20 05:36]
With all that said, there are no guarantees as this is just source code provided for free that folks choose to run.

Tron Black, [18.02.20 05:37]
If you need absolute assurance, then you should commission an audit of the code. There is no Ravencoin company, just a GitHub repository and a lot of passionate supporters.

Tron Black, [18.02.20 05:37]
-------------

[email protected], [18.02.20 05:37]
Quesiton#11 Nowaday most investors $RVN simply focus on the price of the token in the short term, and not on the real value of the project. Can you tell us about the motivation and advantages of an investor $RVN in the long term?

Tron Black, [18.02.20 05:38]
I can't speak to the motivations of individual investors.

Tron Black, [18.02.20 05:38]
RVN is a great token with good liquidity (world-wide).

Tron Black, [18.02.20 05:38]
RVN is used to incentivize the miners and help protect the Ravencoin asset platform, so it has a use case.

Tron Black, [18.02.20 05:39]
RVN can be a store-of-value, and a medium-of-exchange.

Tron Black, [18.02.20 05:39]
One of my favorite things about Ravencoin is that it is tricky to classify, as it has so many uses.

Tron Black, [18.02.20 05:39]
I love seeing how people build using this technology platform.

Tron Black, [18.02.20 05:39]
Ravencoin makes new things possible.

Tron Black, [18.02.20 05:39]
--------------

[email protected], [18.02.20 05:40]
Here's the next question #12 Who are your competitors and how do you intend to thrive amongst them?

Tron Black, [18.02.20 05:40]
This may sound strange, but I don't see crypto technologies as competitors.

Tron Black, [18.02.20 05:41]
The crypto space is tiny compared to the legacy systems we've had for fifty years, so I look at every project as a way to bring new people into crypto-ecosystem.

Tron Black, [18.02.20 05:41]
If we add value, features, and capabilities, then more people will learn about the Ravencoin platform and what it can do for them.

Tron Black, [18.02.20 05:41]
The ERC-20 smart contract is an alternative asset issuance option, but Ravencoin is much better for most uses, so more education is needed.

Tron Black, [18.02.20 05:41]
https://medium.com/@tronblack/ravencoin-better-than-erc-20-88a276d3e434

Tron Black, [18.02.20 05:41]
--------------

[email protected], [18.02.20 05:42]
Quesiton#13 What is the uniqueness of the Raven token? Why should investors (including me) invest in Raven?

Tron Black, [18.02.20 05:42]
Ravencoin is a platform.

Tron Black, [18.02.20 05:42]
You should evaluate the capabilities of the Ravencoin platform and ask yourself whether it will be used, and whether it adds value over other platforms like ETH, EOS, or TEZOS.

Tron Black, [18.02.20 05:42]
Hint: It does. I try not to provide investment advice, so do your own research.

Tron Black, [18.02.20 05:43]
https://ravencoin.org

Tron Black, [18.02.20 05:43]
https://medium.com/@tronblack

Tron Black, [18.02.20 05:43]
---------------

[email protected], [18.02.20 05:43]
Quesiton#14 What your plans in place for global expansion, are you focusing on only market at this time? Or focus on building and developing or getting customers and users, or partnerships? Can you explain this?

Tron Black, [18.02.20 05:43]
Ravencoin is already a global phenomenon.

Tron Black, [18.02.20 05:44]
South Korea has been onto Ravencoin for some time now, and I had the opportunity to speak at a South Korean Ravencoin meetup that filled an Art Hall with a waiting list.

Tron Black, [18.02.20 05:44]
Because of OKEx, that awareness will expand to China.

Tron Black, [18.02.20 05:44]
Our focus is building and education about Ravencoin.

Tron Black, [18.02.20 05:44]
There is no marketing budget, and we raised no funds.

Tron Black, [18.02.20 05:45]
The success so far has been completely organic, and Ravencoin has the best community of any coin, anywhere.

Tron Black, [18.02.20 05:45]
------------

[email protected], [18.02.20 05:45]
Here is THE LAST question#10 from Twitter before we accept questions from the Telegram chat. what are your hopes with the $RVN listing on u/OKEx Okex going forward?

Tron Black, [18.02.20 05:45]
I hope the OKEx $RVN listing brings awareness of Ravencoin to new parts of the world.

Tron Black, [18.02.20 05:46]
The project is more capable than most people know, and because it was launched without raising any funds, there isn't a marketing budget.

Tron Black, [18.02.20 05:46]
It is up to smart individuals, like yourselves, to figure out what Ravencoin can do, and use the technology to make new companies and new projects.

Tron Black, [18.02.20 05:46]
------------------


+++++++++++++++++++++

Tron Black, [18.02.20 05:57]
>>> When is mainnet launch?
January 3, 2018

Tron Black, [18.02.20 06:01]
>>> A project's Technical development may not always be reflected on the price of it's token. What is raven doing specifically to increase price of its token?
I agree. And I think it is especially true in the case of Ravencoin. The true value may not be reflected in the short-term. The Ravencoin project isn't a company. It will take time. There isn't a marketing dept or budget, but through events like these, and podcasts, and blogs, and new projects building on top of Ravencoin, I think the value will eventually be reflected.

Tron Black, [18.02.20 06:06]
>>>> Give me some important reasons why we need to buy RVN token where in fact hundreds of project failed and it went to bankruptcy or even developers run when they collect millions/billions of funds…? Can you explain it to us

Many got burned during the crazy ICO phase of 2017. Ravencoin did not participate. Ravencoin is technology and a passionate community. If I get hit by a bus tomorrow (heaven forbid), the project will continue because it is free, open-source and anyone can carry it on, or contribute, or use it, or copy it. Ravencoin can't go to bankruptcy. It is code, and it doesn't borrow, or or have debt. Some of the core develoepers, myself included, are allowed to work on the project while working for Medici Ventures. This is a great arrangement.

Tron Black, [18.02.20 06:06]
-----------------

Tron Black, [18.02.20 06:10]
>>>> How does RAVENCOIN evaluate the importance of the user community? In the near future, does RAVEN have any special plans to attract and expand the community ?

The Ravencoin community is the most important and valuable part of the project. There are already clones of the code, but not of the passionate, helpful, and dedicated community. We invite you to become a part of it, and help expand it in Asia.

Tron Black, [18.02.20 06:10]
--------------------

Tron Black, [18.02.20 06:13]
>>>>. RVN is regulatory compliant project for assets tokenization in U.S. Meaning that the assets issued in RVN protocol is fine with the U.S authorities.

Ravencoin provides features that help U.S. issuers stay legal under the existing U.S. rules. I've written about how this can be done, but I would always recommend having your plans reviewed by a competent attorney. The U.S. rules are complex, and from a different era.

Tron Black, [18.02.20 06:13]
---------------
Tron Black, [18.02.20 06:18]
>>>> Ravencoin is constantly finding new big partners.Audience is constantly growing.What’s the secret to this growth rate?

A vibrant, and welcoming community. Technology that solves real tokenization problems. Easy-to-use, so anyone can participate. Not launching as an ICO, so it is fair for everyone.

Tron Black, [18.02.20 06:18]
--------------

Tron Black, [18.02.20 06:20]
Thank you everyone for the fantastic questions. I would like to answer every one of them, but it is after 4am and I should get some sleep. I really appreciate all the participation, and I hope your trading on OKEx goes very well for all of you!!!
submitted by __pathfinder__ to Ravencoin [link] [comments]

Ravencoin usage adoption.

I quote an excerpt from the Ravencoin white paper.
''A young child, in a country that permits it, could create a token that represents a lemonade stand business. Suppose she creates 10,000 LEMONADE tokens. These tokens could be used to raise funds for the lemonade stand at AUD$0.01 per LEMONADE token allowing her to raise AUD$100 to build her business. These tokens can be sold and transferred easily by the owners. Suppose the lemonade stand does extraordinarily well because the neighborhood is invested in this entrepreneurial project. Now our fictional eight-year-old wants to reward those who believed in her project. With one command, she can send profits - denominated in any value RVN may have - to LEMONADE token holders. There could even be new holders of LEMONADE tokens that she’s never met. The built-in ease of use should allow anyone, anywhere in the world to do so on a mobile phone, or computer running Windows, Mac, or Linux. ''
Bruce Fenton Tron Black www.ravencoin.org 3rd April 2018
This example sold Ravencoin to me. There are currently three primary ways to get Ravencoin.
  1. Mine it.
Pro's: You are helping to secure the network by futher distributing the hashrate and you get rewarded with RVN for you contribution.
Cons: Accesibility to hardware (GPU's) and the technical knowledge required to mine succesfully, limits this to a growing but niche group consisting mostly of hodlers.
  1. Buying it:
Pro's: You can get lots quickly and at custom prices.
Con's: Buying crypto from an exchange is an intimidating process for the average person. Most people who are willing to go through the trouble to understand the in's, out's, fees and movements of crypto exchange markets are crypto enthusiasts and speculators.
  1. Earning it:
People who are willing to go all in and say we accept Bitcoin are already on top of the exchange trading game and probably have a mining rig or two running in their basement. So you have to already understand and be sold on the future of crypto to go as far as Overstock and announce it's acceptance of alternate forms of revenue.
Pro's: You are spreading awareness.
Con's: Very few people will actually spend their crypto to buy your services and or products.
There is however one more way to get crypto and that is when you get given it.
Giving Crypto as a gift is one of the best ways to introduce people to the technology. When you give tokens and coins away the recipient is obliged to download a wallet and learn about seed phrases and private keys. Suddenly they are aware of the market value of the assets they hold.
Giving RVN away is the best way to spread interest, awareness and ultimately adoption. The question we enthusiasts have to answer in creative ways is how can we give RVN away profitably.
When that question is answered for each of us in our own personal capacities we as a crypto community would have jumped one of the next biggest hurdles.
How to give RVN away profitably?
I have already answered this question for myself.
How would you answer it?
submitted by Kiwarian to Ravencoin [link] [comments]

Blockstream is a for profit entity

Never forget: Blockstream's profits are inversely proportional to onchain scaling. That's why they will always want high onchain fees.
In a Twitter exchange, Ari Paul, who is a managing partner of BlockTower Capital, said he was “looking forward to to paying $100 for an on-chain Bitcoin transaction in 2025.”
Demeester responded by raising the stakes considerably, saying that for him, $1,000 per Bitcoin transaction would still represent value for money.
In early June, when fees were considerably higher, ex-Bitcoin Foundation Executive Director Bruce Fenton said he thought users were “willing to pay $20+,” while Blockstream’s Adam Back put the figure, like Paul, at $100.
submitted by FreeFactoid to btc [link] [comments]

Bittrex Contacted the Devs...Here's their awesome response!

[Forwarded from Bruce Fenton]
Bittrex emailed the devs and asked someone "official" to register. Problem is that their process isn't set up for real open source projects.
Their new coin process is more suited for scammy ICOs etc. For example they ask for things like an NDA and a legal opinion that a coin is not a security. Obviously no one is going to sign something like that.
"Ravencoin" will sign whatever papers "Bitcoin" signed which is zero. No one has any authority to sign anything or enter into any agreement for Ravencoin or on behalf of Ravencoin.
Ravencoin is doing just fine without exchanges. If we had a presale, developer or founder set aside or premine then there would be plenty of "officials" clamoring to unload their bags on a bigger exchange. There are no officials and there are no presale or similar holders. For this project right now exchanges offer very little value.
This is open source so anyone can list it wherever they want -- but there is not and never will be any central source or official who will have any authority to do things like negotiations, NDAs or agreements with any party including exchanges.
Only individuals can act and act for themselves
submitted by the1iplay to Ravencoin [link] [comments]

RavenCoin Is Offering an Exciting Development

RavenCoin Is Offering an Exciting Development


News by Altcoin Buzz: David Abel
Peer-to-peer blockchain platform, Ravencoin, has announced plans to release a Raven membership coin via its twitter handle.
The new Ravencoin membership tokens will purportedly bring along incredible features. Firstly, “the tokens can be sent ONLY ONCE.”
Therefore, users can be confident that the wallet belongs to the same person.
Project Raven / RVN / [email protected] 1) The new membership tokens coming live in Ravencoin soon are able to do some powerful stuff: The tokens can be sent ONLY ONCE — this means the sender can have confidence that the wallet is the same person they sent to This has huge possibilities for both regulated use cases 74 10:30 PM — Sep 22, 2019 Twitter Ads info and privacy
33 people are talking about this
Accordingly, this brings huge possibilities for both regulated use cases, like AML / KYC. Thus, a company can create a membership or trading network for people the issuer wants in a network.
Project Raven / RVN / [email protected] · 19h 1) The new membership tokens coming live in Ravencoin soon are able to do some powerful stuff: The tokens can be sent ONLY ONCE — this means the sender can have confidence that the wallet is the same person they sent to This has huge possibilities for both regulated use cases Project Raven / RVN / [email protected] 2) such as AML / KYC — where a company can create a membership or trading network for people the issuer wants in a network And also for non regulated and more cypherpunk use cases which need true censorship resistance — such as a group of activists or dissidents 35 10:30 PM — Sep 22, 2019 Twitter Ads info and privacy
See Project Raven / RVN / Ravencoin’s other Tweets
Non-regulated and more cypherpunk use cases are another type. They reportedly need true censorship resistance like a group of activists or dissidents.
Project Raven / RVN / [email protected] · 19h Replying to @Ravencoin 2) such as AML / KYC — where a company can create a membership or trading network for people the issuer wants in a network And also for non regulated and more cypherpunk use cases which need true censorship resistance — such as a group of activists or dissidents Project Raven / RVN / [email protected] 3) RVN assets can be set up to only allow transfer to those wallets who hold the membership token Combine this with IPFS and messaging and we have a robust and powerful network for sending files, documents, securities or other items of value on an open and strong network / 48 10:30 PM — Sep 22, 2019 Twitter Ads info and privacy
15 people are talking about this
Secondly, existing membership tokens wallets are the restricted receivers of the RVN assets. Consequently, when combined with IPFS and messaging it gives users a robust and powerful network for sending files, documents, securities or other items of value on an open and strong network.
The news brought about positive comments from the followers. For instance, Bruce Fenton said: “That’s a real thing! Coming soon.” Concurrently, James McCue wrote: “I want the membership token that lets me stay at @brucefenton’s house! I love this project… if only I got my shit together and studied more. Tough with a fulltime gig”.
For new readers, you can find out more about Ravencoin here.
Ravencoin partnerships
Since its inception, the coin has joined forces with several big players.
In June, Ravencoin was listed by Binance’s official non-custodial wallet app, Trust Wallet. Before then, the Raven Protocol team announced it would be joining the top crypto platform Binance Chain to exploit the full potential of Artificial Intelligence.
Last month, cryptocurrency platform tZERO announced its support for Ravencoin. Thus, adding it to the list of cryptocurrencies supported by its wallet and mobile trading app.
Ravencoin (RVN) is a small cryptocurrency. The CEO of Overstock started it when he invested millions into its development. The coin was created about 7 years ago and is a fork of Bitcoin.
The platform enables tokenized P2P asset transfers on the blockchain. The RVN tokens can be used to create fungible or nonfungible digital assets, as well as non-asset-based tokens like the VOTE.
submitted by GTE_IO to u/GTE_IO [link] [comments]

Bitcoin Foundation: Where did all the Money Go?

This week Charles Hoskinson posted a thoughtful post on the Bitcoin Foundation and his idea that an audit would help the organization break from the past.
I'm happy to support an audit provided someone can lead it and do the work involved and/ or support the costs of one.
I do remain skeptical of the value of an audit. We all know that a lot of money was wasted and lost - I detail the basics of the 2014 spending below -- it is unlikely worse than imagined as all the funds are essentially gone. I don't think much can be done about past mistakes, the people involved are no longer with the organization.
Also this week, someone on an anti-Bitcoin sub posted this data from the 990 forms and was afraid it would be censored if posted on Bitcoin.
I'm happy to post it for them, minus the color commentary and a couple of minor factual inaccuracies.
They also implied that some people would want to not have this information brought to light. I'm more than glad to. I don't defend these financial decisions as I had nothing to do with them. I also had thought the 2014 990 form with this was posted once completed this summer. At that time we were going through a website and server change and I was also recovering from a car accident, so if it was posted it wasn't in the proper place. For not having the 990 form posted in the correct section a few months back , that's on me and I'm sorry.
The bigger matter is the financials themselves.
I don't defend these financials, I certainly don't apologize for them or attempt to justify them. I had nothing whatsoever to do with these decisions.
As you can see the spending / loss was caused by:
1) a large drop in Bitcoin value costing millions of dollars - the peak foundation assets were calculated based on a Bitcoin price in the $800 range -- so, had they simply held those coins it would have seen the $6-7 million fall to $2 million or so
2) ridiculously wasteful and reckless spending
3) reasonable and legitimate expenses such as Gavin and dev salaries
I have not been presented any evidence of any theft, criminal act or similar wrongdoing but would be happy to pay a bounty of at least 10% for anyone with information and evidence of any such act leading to recovery of any funds which were misappropriated or stolen. Those who imply that there is any wrongdoing at the foundation now or by those involved now should come forward with evidence or at least a solid and specific accusation. If presented with any such evidence I would work to have justice done.
It seems strange that so many make an effort to tie those involved now to the sins of the past.
This is the point of a turnaround; to take what an organization has and make it as useful as possible. Many people think that the change in management and new focus, combined with a new mission statement can help the organization to help Bitcoin more.
I wish that the foundation hadn't had so many problems. I did think it was worthwhile to try to help the organization.
Here are the finances:
Salaries
Gavin Andresen: $147k. Chief Scientist. Salary down from $209k (salary was higher in 2013 as it was pegged to BTCUSD)
Jodie Brady: $141k. COO of the Foundation, who also served as CFO at CoinLab (Peter Vessenes' affiliate company).
Jon Matonis: $137.5k through "THE HOLE OF ROY LLC". Salary up from $31k. Jon Matonis acted as Executive Director up to October 2014.
Patrick Murck: $115k. Executive Director of the Foundation (as of November 2014). Salary up from $57k.
Contractors:
"LOCAL PRODUCER" was paid $790k to host Bitcoin 2014 in Amsterdam.
Apple Fundraising Consultants were also paid $123k for activities related to the aforementioned conference.
THEPOLICYCOUNCILCOM INC as the Foundation's 'Global Policy Counsel', paid $114k for about 9 months of work in 2014.
And the breakdown of the functional expenses, oh, so many expenses: Office Expenses: $39k up from $8k in 2013.
Information Technology: $158k up from $67k
Travel: $159k up from $69k
Occupancy: $18k up from $7k.
Accounting: $50.5k up from $9.1k.
Legal fees: $220k up from $161k.
Other: $653k, consisting of:
Professional services: $307k
Public relations: $93k
Executive Directory Compensation: $137.5k
Professional event expenses: $115k
Other salaries and wages: $471k up from $72k
Revenues : Membership dues: $335k down from $358k Conference revenue: $584k up from $337k At the end of 2014 not much was left: $366k.
2015
The beginning of 2015 still had many expenses similar to the above. At the time I came aboard those costs reduced dramatically. There were still high outstanding legal and accounting bills as well as the bitnodes funding and Bitcoin.org funding and other previous obligations that were paid.
Current spending is in the $8k / mo range
Current expenses:
Board salaries: $0
Executive Director salary: $0
All reimbursements for travel: in the range of $3000 - primarily for three speakers airfare and hotel (me, Gavin and Andreas) to DevCore, $600 in pizza for the attendees etc.
Aside from one economy flight to DevCore and the hotel I have personally not been reimbursed for any travel. I have paid some costs from my own credit card for web hosting etc which were also reimbursed - this is also a small amount, perhaps in the $2000 range
Current salaries include one part time bookkeeper and one almost full time ops director.
I'd love any feedback about what the organization can do to break from the past. We could close, sure. I'm not convinced that is what's best for Bitcoin and 8/10 top voted candidates from the last four elections don't think that's what the members want. What else can an organization do to move forward?
EDIT: BTW, here is the mission statement posted a couple weeks back by the new board - IMHO it's more productive to focus on this than the past https://github.com/BruceFenton/bitcoinfoundationplan
submitted by bruce_fenton to Bitcoin [link] [comments]

Ravencoin Open Developer Meeting - 1/4/2019

[14:04] Hi everyone! [14:04] :dabbitwave: [14:04] Hey Everybody! [14:04] Hello 😃 [14:04] Sorry we're getting started a bit late. [14:04] Topics: SLC Meetup (March 15th) [14:04] 👋 [14:04] Roadmap breakdown - posted to github [14:05] IPFS (integration) [14:05] greetings 👋 [14:05] So, SLC Meetup on the 15th! [14:05] Great! [14:05] Hi! [14:06] Hi all — a special thanks to the developers and congratulations on an amazing first year!!! # [14:06] <[Dev] Blondfrogs> Hello Everyone! [14:07] We have a tentative agenda with @Tron , @corby speaking. [14:08] We would like to have nice walkthrough of the Raven DevKit for the meetup. [14:08] We are planning on hosting a meetup in SLC at the Overstock building on March 15th from 6:00pm-9:00pm. It is free admission, but there is a page on meetup.com where people can rsvp so that we have a somewhat accurate headcount for food. [14:08] sup guys [14:08] hey russ [14:09] We are planning on having a few speakers and have allotted a bit of time at the end for people to meet and greet each other. [14:09] can you guys link us to the page somewhere when thats available? 😄 [14:10] free food?! [14:10] todays topic? [14:10] yeah can we indicate pepperoni pizza [14:10] Sounds good to me @Jeroz Nothing ordered yet though. 😃 [14:10] only pepperoni pizza is served at true blockchain meetings right [14:10] :blobhide: [14:10] Absolutely. The itinerary just needs to be finalized and then I'll make a broad post about the rest of the details. [14:11] https://www.meetup.com/Salt-Lake-City-salt-lake-city-Meetup/ [14:11] 😭 so far away [14:11] West Coast! [14:11] @MTarget But there's pizza, so worth the travel time. [14:11] lol [14:12] I'll be watching the stream if its available since i'm from montreal/canada 😛 [14:12] Ah yes, I love $300 pizza 😉 [14:12] as long as I get to see your smiling faces @Tron @RavencoinDev then it's worth the time [14:12] We'll be there. [14:12] We'll be messaging additional details as they get finalized. [14:12] Greeting and salutations! [14:12] sup [14:13] Hey, $300 is considerably cheaper than 2 $3,700,000 pizzas. [14:14] Ok, switching topics... [14:14] yeah its a way to fly, [14:14] question is whether those piza's will be paid for in RVN coin or not :ThinkBlack: [14:14] Roadmap [14:14] It hasn't changed, just added some detail. [14:14] https://github.com/RavenProject/Ravencoin/tree/masteroadmap [14:15] nice [14:15] This now links to a breakdown for messaging, voting, anti-spam, and rewards (dividends) [14:15] will there be any additional RPC functionality coming in the future, thinking in terms of some functions that are only available in ravencore-lib [14:15] apologies if now is not time to ask questions, i can wait for later [14:15] "Phase 7 - Compatibility Mode" - that's new 😮 [14:15] The protocol for messaging is pretty well established, but the rest isn't in stone (code) yet. [14:16] can you give us details on compatibility mode? [14:16] In broad brush strokes. [14:17] The idea is to allow ravend to act as a daemon that looks like a single coin. [14:17] so ravend that only works with the bitcoin asset? [14:18] interesting [14:19] So you start it with an option to only work with a single asset/token account or something? [14:19] hmm compelling what is the reason for this? some kind of scale or performance? [14:19] ^ [14:19] Example: Configure ravend to listen for transfer RPC call for senttoaddress or sendfrom, but for a specific asset. This would allow easy integration into existing system for assets. [14:20] Only the daemon or the whole wallet UI? [14:20] yeah thats great, rpc functions dont allow us to do this yet, if i recall [14:20] or at least we depend more on ravencore lib [14:20] so like asset zmq [14:20] that's smart [14:20] @Tron it also sounds like it makes our life easier working with RPC, instead of core all the time for some functionality [14:21] if i understand correctly anyways [14:21] So you could run numerous instances of ravend each on their own network and RPC port, each configured for a different asset. You would need some balance of RVN in each one to cover transaction fees, then. [14:21] id be curious to know what all the advantages are of this [14:21] one more question, how would i decentralize the gateway between bitcoin mainnet/ravencoin mainnet? in the current RSK implementation they use a federated gateway, how would we avoid this? [14:21] it sounds neato [14:21] Just the daemon. The alternative is to get exchanges to adapt to our RPC calls for assets. It is easier if it just looks like Bitcoin, Litecoin or RVN to them, but it is really transferring FREE_HUGS [14:22] That makes sense. Should further increased exchange adoption for each asset. [14:22] hmm yeah its just easier for wallet integration because its basically the same as rvn and bitcoin but for a specific asset [14:22] so this is in specific mind of exchange listings for assets i guess [14:23] if i understand rightly [14:23] @traysi Gut feel is to allow ravend to handle a few different assets on different threads. [14:23] Are you going to call it kawmeleon mode? [14:23] Lol [14:23] I read that as kaw-melon mode. [14:24] same lol [14:24] so in one single swoop it possible to create a specific wallet and server daemon for specific assets. great. this makes it easier for exchanges, and has some added advantages with processing data too right? [14:24] Still keeping a RVN balance in the wallet, as well, Tron. How will that work is sendtoaddress sends the token instead of the RVN? A receive-RVN/send tokens-only wallet? [14:25] @traysi Yes [14:25] sendtoaddress on the other port (non RVN port) would send the asset. [14:25] This will be a hugely useful feature. [14:25] ^ [14:26] @Tron currently rpc function not support getaddresses senttowallet and this has to be done in ravencore lib, will this change you propose improve this situation [14:26] Config might look like {"port":2222, "asset":"FREE_HUGS", "rpcuser":"hugger", "rpcpass":"gi3afja33"} [14:26] how will this work cross-chain? [14:28] @push We'd have to go through the rpc calls and work out which ones are supported in compatibility mode. Obviously the mining ones don't apply. And some are generic like getinfo. [14:28] ok cool 👍 cheers [14:29] for now we continue using ravencore lib for our plans to keep track i just wondering if better way [14:29] as we had some issue after realising no rpc function for getting addresses of people who had sent rvn [14:29] @push | ravenland.org all of the node explorer and ravencore-lib functionality is based on RPC (including the addressindex-related calls). Nothing you can't do with RPC, although I'm not sure of the use cases you're referring to.. [14:29] interesting, so ravencore lib is using getrawtransaction somehow [14:29] i thought this may be the case [14:29] that is very useful thankyou for sharing this [14:30] look into addressindex flag and related RPC calls for functions that operate on addresses outside your wallet [14:30] thank you that is very useful, tbh i am not very skilled programmer so just decoding the hex at the raven-cli commandline was a challenge, i shall look more into this, valued information thanks as this was a big ? for us [14:31] Ok, things have gone quiet. New topic. [14:31] IPFS (integration) [14:31] GO [14:33] ... [14:33] <[Dev] Blondfrogs> So, we have been adding ipfs integration into the wallet for messaging. This will allow the wallets to do some pretty sweet stuff. For instance, you will be able to create your ipfs data file for issuing an asset. Push it to ipfs from the wallet, and add the hash right into the issuance data. This is going to allow for a much more seamless flow into the app. [14:34] <[Dev] Blondfrogs> This ofcourse, will also allow for users to create messages, and post them on ipfs and be able to easily and quickly format and send messages out on the network with ipfs data. [14:34] It will also allow optional meta-data with each transaction that goes in IPFS. [14:34] will i be able to view ipfs images natively in the wallet? [14:34] <[Dev] Blondfrogs> Images no [14:34] We discussed the option to disable all IPFS integration also. [14:35] @russ (kb: russkidooski) Probably not. There's some risk to being an image viewer for ANY data. [14:35] No option in wallet to opt into image viewing? [14:35] cool so drag and drop ipfs , if someone wanted to attach an object like an image or a file they could drag drop into ui and it create hash and attach string to transaction command parameters automatically [14:35] We could probably provide a link -- with a warning. [14:35] nomore going to globalupload.io [14:35] :ThinkBlack: [14:35] I understand that the wallet will rely on globalupload.io. (phase 1). Is it not dangerous to rely on an external network? Or am I missing something? [14:36] hmm [14:36] interesting, i suppose you could hash at two different endpoints and compare them [14:36] if you were that worried [14:36] and only submit one to the chain [14:36] You will be able to configure a URL that will be used as an IPFS browser. [14:36] Oh ic [14:36] you wont flood ipfs because only one hash per unique file [14:36] <[Dev] Blondfrogs> There are multiple options for ipfs integration. We are building it so you can run your own ipfs node locally. [14:36] <[Dev] Blondfrogs> or, point it to whatever service you would like. e.g. cloudflare [14:36] this is very cool developments, great to see this [14:37] Just like the external block explorer link currently in preferences. [14:37] @[Dev] Blondfrogs what about a native ipfs swarm for ravencoin only? [14:37] We have discussed that as an option. [14:37] @push | ravenland.org Considering having a fallback of upload through globalupload.io and download through cloudflare. [14:37] <[Dev] Blondfrogs> @russ (kb: russkidooski) We talked about that, but no decisions have been made yet. [14:37] yeah, i would just use two endpoints and strcompare the hash [14:37] as long as they agree good [14:37] submit tran [14:38] else 'potentially mysterious activity' [14:38] ? [14:38] if you submitted the file to ipfs api endpoints [14:38] Will the metadata just be a form with text only fields? [14:39] and then you would get 2 hashes, from 2 independent services [14:39] that way you would not be relying on a central hash service [14:39] and have some means of checking if a returned hash value was intercepted or transformed [14:39] i was answering jeroz' question [14:40] about relying on a single api endpoint for upload ipfs object [14:40] We have also kicked around the idea of hosting our own JSON only IPFS upload/browse service. [14:41] I have a service like this that is simple using php [14:41] we only use it for images right now [14:41] but fairly easy to do [14:41] Yup [14:42] Further questions about IPFS? [14:43] contract handling? file attach handling? or just text fields to generate json? [14:44] trying to get an idea of what the wallet will offer for attaching data [14:44] Probably just text fields that meet the meta-data spec. [14:44] ok noted [14:44] What do you mean by contract handling @sull [14:45] We won't prevent other hashes from being added. [14:45] asset contract (pdf etc) hash etc [14:45] <[Dev] Blondfrogs> also, being able to load from a file [14:45] got it, thanks [14:47] Let's do some general Q&A [14:48] Maybe just a heads up or something to look for in the future but as of right now, it takes roughly 12 hours to sync up the Qt-wallet from scratch. Did a clean installation on my linux PC last night. [14:48] Any plans or discussions related to lack of privacy of asset transfers and the ability to front run when sending to an exchange? [14:48] ^ [14:48] Is there a way to apply to help moderate for example the Telegram / Discord, i spend alot of time on both places, sometimes i pm mods if needed. [14:49] Any developed plans for Asset TX fee adjustment? [14:49] also this^ [14:49] @mxL86 We just created a card on the public board to look into that. [14:49] General remark: https://raven.wiki/wiki/Development#Phase_7_-_Compatible_Mode = updated reflecting Tron's explanation. [14:49] @mxL86 That's a great question. We need to do some profiling and speed it up. I do know that the fix we added from Bitcoin (that saved our bacon) slowed things down. [14:50] Adding to @mxL86 the sync times substantially increased coinciding with the asset layer activation. Please run some internal benchmarks and see where the daemon is wasting all its cycles on each block. We should be able to handle dozens per second but it takes a couple seconds per block. [14:50] @BW__ no plans currently for zk proofs or anything if that's what you're asking [14:50] You are doing a great job. Is there a plan that all this things (IPFS) could be some day implemented in mobile wallet? Or just in QT? [14:50] i notice also that asset transactions had some effect on sync time as we were making a few. Some spikes i not analysed the io and cpu activity properly but will if there is interest [14:51] we are testing some stuff so run into things i am happy to share [14:51] @BW__ Might look at Grin and Beam to see if we can integrate Mimble Wimble -- down the road. [14:51] yeees [14:51] @J. | ravenland.org work with the telegram mods. Not something the developers handle. [14:51] i love you [14:51] @J. | ravenland.org That would be best brought up with the operators/mods of teh telegram channel. [14:51] @corby @Tron thnx [14:51] @S1LVA | GetRavencoin.org we're planning on bumping fees to... something higher! [14:51] no catastrophic failures, just some transaction too smals, and mempool issues so far, still learning [14:52] @corby i thought that this may happen :ThinkBlack: [14:52] @corby x10? 100x? 1000x? Ballpark? [14:52] Definitely ballpark. [14:52] 😃 [14:52] 😂 [14:52] Is a ballpark like a googolplex? [14:53] @push | ravenland.org asset transactions are definitely more expensive to sync [14:53] yes yes they are [14:53] they are also more expensive to make i believe [14:53] 10,000x! [14:53] as some sync process seems to occur before they are done [14:53] @traysi ★★★★★ thanks for the suggestions we are going to be looking at optimizations [14:53] But, it is way slower than we like. Going to look into it. [14:53] i do not understand fully its operation [14:53] 1000x at minimum in my opinion [14:53] its too easy to spam the network [14:54] yes there has been some reports of ahem spam lately [14:54] :blobhide: [14:54] 😉 [14:54] cough cough ravenland [14:54] @russ (kb: russkidooski) we're in agreement -- it's too low [14:54] default fee 0.001 [14:54] ^ something around here [14:54] @corby yep we all are i think [14:55] waaay too low [14:55] meaningful transactions start with meaningful capital expense [14:55] though there is another scenario , there are some larger volume, more objective rich use cases of the chain that would suffer considerably from that [14:55] just worth mentioning, as i have beeen thinking about this a lot [14:55] there are some way around, like i could add 1000 ipfs hashes to a single unique entity, i tested this and it does work [14:56] @russ (kb: russkidooski) What would you suggest. [14:57] I had a PR for fee increase and push back. [14:57] Ignore the push back. 0.001 RVN is not even a micro-farthing in fiat terms [14:57] definitely around 1000x [14:57] Vocal minority for sure [14:57] ^ yep [14:57] @russ (kb: russkidooski) That sounds reasonable. [14:57] Couple hundred Fentons [14:58] right now an asset transaction is 0.01 of a penny essentially [14:58] 1 RVN would work now, but not when RVN is over $1. [14:58] yes exactly [14:58] Hi. Late to the party. [14:58] We are also talking about a min fee. The system will auto-adapt if blocks fill up. [14:58] im thinking tron, some heavy transaction use cases would fall out of utility use if that happened [14:58] so whats the thinking there [14:59] is there a way around the problem, bulked ipfs hash transactions? [14:59] 1000x would put us around btc levels [14:59] maybe a minimum 500x? [14:59] @russ (kb: russkidooski) Agreed. [14:59] <[Dev] Blondfrogs> It is time to wrap it up here. Everyone. Thank you all for your questions and thoughts. We will be back in 2 weeks. 😃 [14:59] Small increase and review. [14:59] Thanks all! [14:59] Cheers. [15:00] yeah sorry for 1 million questions guys hope i didnt take up too much time [15:00] cheers all 👍 [15:00] Thanks everyone [15:00] Thanks everyone for participating!!! [15:00] That is what we are here for [15:00] 100x-500x increase, 1000x maximum [15:00] 🍺

submitted by Chatturga to Ravencoin [link] [comments]

If you own 3000 or more BTC, Wall Street wants your advice

Hi,
Input & advice requested for new Bitcoin project.
I'm passionate about BTC, I've got 20 years experience as owner of an international, US based investment firm. We are working on an idea for a large mainstream Bitcoin vehicle that would, at first, work with some large BTC holders.
My partners and I are from long Wall St. careers and we'd like to discuss some ideas and get advice from large BTC holders about the interest, viability and potential advantages / disadvantages of what we are thinking. Once aspect of what we are evaluating would benefit from some participants who already own coins.
This is for a completely BTC focused project which would aim to help bring BTC to more main street investment access vehicles like IRAs and also help some large BTC holders maximize and leverage their own holdings while not losing any exposure to their BTC. -- happy to share my name, bio, verification etc in PM.
Please contact me if you can help // please also let me know any ideas about the best ways to reach some of the key BTC owners.
Thanks!
B
UPDATE : Sorry Reddit, tough (and skeptical!) crowd.
My name is Bruce Fenton, I founded Atlantic Financial Inc., the Internet's first full-service investment firm, in 1994. I've done $4.5 billion in transactions in my career, have never had a client complaint, ethical complaint or regulatory complaint or action of any kind in 20+ years. Prior to AF I was with Morgan Stanley.
(Side note: definitely not asking for anyone's addresses, name, etc., just researching viability of a potential technology which could allow large holders to convert a portion of holdings to a public vehicle)
Verification : Twitter.com/Brucefenton
UPDATE 2: the 3000 coin threshold isn't to discriminate, be snobby or because it doesn't value input of smart smaller holders -- it's a logistical matter --- the research / advice is determining the viability and interest from enough large holders to get critical mass of 10-20,000 coins needed to make it work-- logistically it won't be possible if there isn't interest from some large holders,
UPDATE 3: I made a new account and did a short AMA on request it's Bruce_Fenton
submitted by Arabiansands to Bitcoin [link] [comments]

Some additional ways to help Project Ravencoin and the Ravencoin network (from Bruce Fenton)

This was posted in the official Ravencoin Discord. Well worth repeating here!
Posted by Bruce fenton in the nest today
Some additional ways to help Project Ravencoin and the Ravencoin network.
This project belongs to you. There is no owner, there is no premine, no ICO, no special founders tokens sale or presale, there is no controller. It's yours...the early members of the community and others who join. We make from it what we put in.
The Inuit, Tlinglit, Tahitian, Chukchi, Sioux and the Haida among others call Raven the magical keeper of secrets, the trickster, friend of the First Men and Creator of the World. An idea or force able to shift, change and create something from nothing. In open source the power of the crowd can do amazing things. Look at what we have accomplished in less than 60 short days: a fairly issued, widely distributed coin with a very solid network and code bass.
This is your coin, whatever you put into it is what it becomes. This will be fun.
submitted by __pathfinder__ to Ravencoin [link] [comments]

Happy New Year: Presenting the long overdue Bitcoin Foundation 2014 financial results!

Hi,
Today we continue our coverage of the glorious Bitcoin Foundation by assisting them with their own transparency goals. Just like any tax-exempt non-profit the Foundation has to file Form 990 annually, and so they did on 2015-07-23. The website with transparency goals actually previously stated "2014 will become available once filed in the spring of 2015". Par for the course Bruce 'FENTON!' Fenton figured he may as well hide it after realizing the return may reflect poorly on the Foundation. Luckily our shills over at the Foundation Center are kind enough to provide us with a copy.
Bear in mind this is the fiscal year dated 01-01-2014 ending 12-31-2014, the year Bitcoin took a massive hit. For context; the Bitcoin Foundation has one primary asset: BTC-coins. At the beginning of the year BTC-coins were still worth quite a bit (some $800), while shortly into the year they traded slightly closer to fair-value (ending the year at $316). Perhaps you would expect the Foundation to curb expenses, however that goes against the libertarian school of thought (fuck you, got mine!).
Now on to the good stuff, here's how our favorite group of libertarians spent the majority of donated funbux in one year, knowing the Foundation's assets were depleting rapidly. As Reddit is known for bullshit doxxing rules we'll stick to what is written on the return, which is very much open to public inspection. Now, without further ado;
As we discovered in 2013 the Foundation's primary goal is rewarding their board of directors & officers, as we all know they work very hard:
And there are some contractors:
And the breakdown of the functional expenses, oh, so many expenses:
The revenues improved a lot of course, as you would expect with the increased expenses:
At the end of 2014 not much was left: $366k. Of course some membership fees were coming in early 2015 which allowed the board to continue their rampage a little longer. In the board meeting minutes of 7-21 you can read that the party is over ($59k left) and expenses have been cut to $14k/month. Meeting minutes of October show "Brock says that it looks like things were going well from a revenue standpoint until February and we've lost the remaining cash since then" (LOL). Desperation strikes near the end of the meeting with Bruce 'FENTON!' Fenton asking all participants to individually raise $10k before the next board meeting. Olivier Janssens doubts this is possible, and also states he isn't happy that financials haven't been published yet. Well now they are.
In fairness to the Foundation there have been some roster changes and most (if not all) people mentioned above are no longer involved. Which may or may not have something to do with that fact they could no longer get paid by the Foundation (kidding, of course it has everything to do with that).
tl;dr Libertarians are bad at managing finances.
submitted by BTC-coins to Buttcoin [link] [comments]

Transcript from Ravencoin Open Developer Meeting - Nov. 16, 2018

Tron at 2:03 PM

Topics: Messaging (next phase) UI 2.2 - Build from develop - still working out a few kinks Mobile - Send/Rcv/View Assets - In progress Raven Dev Kit -Status

RavencoinDev at 2:04 PM

Hey Everybody! Let's get started!Thanks Tron for posting the topics.Tron is going talk about Messaging Plans.Let's start there.

Chatturga at 2:06 PM

It looks like this channel is not connected to the IRC. One moment

RavencoinDev at 2:07 PM

Well, we going to move forward as the tech guys fix the IRC connections.

Tron at 2:07 PM

I wanted to have a doc describing the messaging, but it isn't quite ready.I understand this isn't going to IRC yet, but I'm starting anyway.

RavencoinDev at 2:08 PM

Look for it soon on a Medium near you.

Tron at 2:08 PM

Summary version: Every transaction can have an IPFS hash attached.

Vincent at 2:09 PM

any plans for a 'create IPFS' button?

RavencoinDev at 2:09 PM

Yes

Vincent at 2:09 PM

on asset creatin window also?

RavencoinDev at 2:09 PM

Yes

Vincent at 2:09 PM

sweet

Tron at 2:09 PM

IPFS attachments for transactions that send ownership token or channel token back to the same address will be considered broadcast messages for that token.The client will show the message.Some anti-spam measures will be introduced.If a token is in a new address, then messages will be on by default.The second token in an address, the channel will be available, but muted by default.

RavencoinDev at 2:11 PM

That way I can't spam out 21b tokens and then start sending messages to everybody.

Tron at 2:11 PM

We'd like to have messaging in a reference client on all six platforms.

corby at 2:11 PM

Hi!

Tron at 2:11 PM

Photos will not be shown. Messages will be "linkified"

RavencoinDev at 2:12 PM

and plain text.We'll start with the QT wallet support

Tron at 2:12 PM

Any other client is free to show any IPFS message they choose.The messaging is fully transparent.

Rikki RATTOE at 2:13 PM

ok, so messaging isn't private

Tron at 2:13 PM

Anyone could read the chain and see the messages.

RavencoinDev at 2:13 PM

No, never was planned to be private

MSFTserver-mine more @ MinerMore at 2:13 PM

irc link should be fixed

Tron at 2:13 PM

It is possible to put encrypted content in the IPFS, but then you'd have to distribute the key somehow.

RavencoinDev at 2:13 PM

Thanks MSFT!

Chatturga at 2:13 PM

Negative

Tron at 2:14 PM

Core protocol changes Extend the OP_RVN_ASSET to include for any transfer: RVNT <0xHH><0x12><0x20><32 bytes encoding 256 bit IPFS hash> 0xHH - File type 0x00 - NO data, 0x01 - IPFS hash, 0x02 through 0xFF RESERVED 0x12 - IPFS Spec - Using SHA256 hash 0x20 - IPFS Spec - 0x20 in hex specifying a 32 byte hash. …. (32 byte hash in binary)

corby at 2:14 PM

By it's nature nothing on chain is private per se. Just like with wallets you'd need to use crypto to secure messaging between parties.

Tron at 2:14 PM

Advantages: This messaging protocol has the advantage of not filling up the blockchain. The message information is public so IPFS works as a great distributed store. If the messages are important enough, then the message sender can run nodes that "PIN" the message to keep a more durable version. The message system cannot be spoofed because any change in the message will result in a different hash, and therefore the message location will be different. Only the unique token holder can sign the transaction that adds the message. This prevents spam. Message clients (wallets), can opt-in or opt-out of messages by channel. Meta-message websites can allow viewing of all messages, or all messages for a token. A simple single channel system is supported by the protocol, but a channel could be sub-divided by a client to have as many sub-channels as desired. There are no limits on the number of channels per token, but each channel requires the 5 RVN fee to create the channel.

RavencoinDev at 2:14 PM

So, somebody could create their own client and encrypt the data on the blockchain if they wished.

corby at 2:15 PM

Wow Tron types fast

Rikki RATTOE at 2:15 PM

yeah there was some confusion in the community whether messaging would be private and off chain

Tron at 2:15 PM

Anti-Spam Strategy One difficulty we have is that tokens can be sent to any Ravencoin asset holder unsolicited. This happens on other asset platforms like Counterparty. In many cases, this is good, and is a way for asset issuers to get their token known. It is essentially an airdrop. However, combined with the messaging capabilities of Ravencoin, this can, and likely will become a spam strategy. Someone who wants to send messages (probably scams) to Ravencoin asset holders, which they know are crypto-savvy people, will create a token with billions of units, send it to every address, and then message with the talking stick for that token. Unless we preemptively address this problem, Ravencoin messaging will become a useless spam channel. Anyone can stop the messages for an asset by burning the asset, or by turning off the channel. A simple solution is to automatically mute the channel (by default) for the 2nd asset sent to an address. The reason this works is because the assets that you acquire through your actions will be to a newly generated address. The normal workflow would be to purchase an asset on an exchange, or through a ICO/STO sale. For an exchange, you'll provide a withdrawal address, and best practice says you request a new address from the client with File->'Receiving addresses…'->New. To provide an address to the ICO/STO issuer, you would do the same. It is only the case where someone is sending assets unsolicited to you where an address would be re-used for asset tokens. This is not 100% the case, and there may be rare edge-cases, but would allow us to set the channels to listen or silent by default. Assets sent to addresses that were already 'on-chain' can be quarantined. The user can burn them or take them out of quarantine.

RavencoinDev at 2:18 PM

Okay, let me know when/if you guys read through all that. 📷📷2

corby at 2:18 PM

To be clear this is a client-side issue -- anyone will be able to send anything (including messages) to any address on chain..

RavencoinDev at 2:18 PM

It'll be in the Medium post later.

Tron at 2:19 PM

@corby The reference client will only show messages signed by the issuer or designated channels.Who is ready for another wall of text? 📷

corby at 2:19 PM

I hear that's the plan 📷 just pointing out that it is on the client in these cases..

Tron at 2:20 PM

Yes, any client can show anything gleaned from the chain.Goal: A simple message format without photos. URL links are allowed and most clients will automatically "linkify" the message for valid URLs. For display, message file must be a valid json file. { "subject":"This is the optional subject", "message": "This is required.", "expires": 1578034800 } Only "message" is required {"message":"Hello world"}

bhorn at 2:21 PM

expires?

Vincent at 2:21 PM

discount coupon?

Tron at 2:21 PM

If you have a message that worthless (say after a vote), just don't show the message.

bhorn at 2:21 PM

i see - more client side operation

corby at 2:21 PM

/expires

Tron at 2:22 PM

Yep. And the expiration could be used by IPFS pinners to stop worrying about the message. Optional

RavencoinDev at 2:22 PM

If the client sees a message that is expired it just won't display it.

Vincent at 2:23 PM

will that me messaged otherwise may cause confusion?"expired'

RavencoinDev at 2:23 PM

YesWe'll do our best to make it intuitive.

Tron at 2:24 PM

Client handling of messages Pop-up messages or notifications when running live. Show messages for any assets sent to a new address - by default Mute messages for assets sent to an address that was already on-network. Have a setting to not show messages older than X IPFSHash (or 8 bytes of it) =

Rikki RATTOE at 2:25 PM

will there be a file size limit for IPFS creation in the wallet?

RavencoinDev at 2:25 PM

We'll also provide updated documentation.

Tron at 2:26 PM

Excellent question Rikki. Here are some guidelinesGuidelines: Clients are free to show or not show poorly formed messages. Reference clients will limit message display to properly formed messages. If subject is missing, the first line of the message will be used (up to 80 chars). Standard JSON encoding for newlines, tabs, etc. https://www.freeformatter.com/json-escape.html Expiration is optional, but desired. Will stop showing the message after X date, where X is specified as Unix Epoch. Good for invites, voting requests, and other time sensitive messages that have no value after a specific date. By default clients will not show a message after X blocks (default 1 year) Amount of subject shown will be client dependent - Reference client may cut off at 80 chars. Messages longer than 15,000 (about 8 pages) will not be pinned to IPFS by some scanners. Messages longer than 15,000 characters may be rejected altogether by the client. Images will not be shown in reference clients. Other clients may show any IPFS content at their discretion. IPFSHash is only a "published" message if the Admin/Owner or Channel token is sent from/to the same address. This allows for standard transfers with metadata that don't "publish".Free Online JSON Escape / Unescape Tool - FreeFormatter.comA free online tool to escape or unescape JSON strings

RavencoinDev at 2:26 PM

We're hoping to add preferences that will allow the user to customize their messaging experience.

Tron at 2:27 PM

Also, happy to receive feedback from everyone.

corby at 2:27 PM

In theory though if you maintain your own IPFS nodes you should be able to reference files of whatever size right?

Steelers at 2:27 PM

How about a simple Stop light approach - Green (ball) New Message, Yellow (Ball) Expiring Messages, Red (Ball) Expired Messages

RavencoinDev at 2:27 PM

Yes please! That's the point of sharing it here

Chatturga at 2:27 PM

Fixt

push | ravenland.org at 2:28 PM

Thanks @Tron can you provide any details of the coming 'tooling' at the end of november, and what that might enable (apologies as I am a bit late to meeting if this has been asked already)

VeronicaBOT at 2:28 PM

sup guys

Tron at 2:28 PM

Sure, that's coming.

RavencoinDev at 2:28 PM

That's the Raven WebDev Kit topic coming up in a few mins.

push | ravenland.org at 2:29 PM

oki 📷 cheers

RavencoinDev at 2:29 PM

Questions on messaging?

Jeroz at 2:30 PM

Not sure if I missed it, but how fast could you send multiple messages in succession?

BruceFenton at 2:30 PM

Some kind of sweep feature or block feature for both tokens and messages could be useful Certain messages will be illegal to possess in certain jurisdictions If someone sends a picture of Tiennneman tank man in China or a message calling for the overthrow of a ruler it could be illegal for someone to have There’s no way for that jurisdiction to censor the chain So some users might want the option to purge messages or not receive them client side / on the wallet

Tron at 2:30 PM

Messages are a transaction.

RavencoinDev at 2:30 PM

So it'll cost you to spam messages.They can only send a hash to that picture and the client won't display anything not JSON

corby at 2:31 PM

purge/block is the age old email spam

Tron at 2:31 PM

The Reference client - other clients / web sites, etc can show anything they wish.

RavencoinDev at 2:31 PM

You can also burn a token if you never want to receive messages from that token owner.

UserJonPizza|MinePool.com|Mom at 2:32 PM

Can't they just resend the token?

Tron at 2:33 PM

Yes, but it would default to mute.📷2

RavencoinDev at 2:33 PM

meaning it would show up in a spam foldetab

bhorn at 2:33 PM

is muting available for the initial asset as well?

RavencoinDev at 2:33 PM

Something easy to ignore if muted.

Tron at 2:33 PM

@bhorn Yes

BruceFenton at 2:33 PM

Can users nite some assets and not others?

Tron at 2:33 PM

@bhorn It just isn't the default.

BruceFenton at 2:33 PM

Mute

RavencoinDev at 2:33 PM

YesYou can mute per token.

BruceFenton at 2:34 PM

Great

Tron at 2:34 PM

And per token per channel.

Jeroz at 2:34 PM

channels are the subtokens?

BruceFenton at 2:34 PM

What’s per token per channel mean ?

Tron at 2:34 PM

The issuer sends to the "Primary" channel.Token owner can create channels like "Alert", "Emergency", etc.These "talking sticks" are similar to unique assets.📷1ASSET~Channel

RavencoinDev at 2:37 PM

Okay, we have a few more topics to cover today.Tron will post more details on Medium and we can continue discussions there.

Jeroz at 2:38 PM

Ah, I missed channel creation bit for each token with the 5 RVN / channel cost. It makes more sense to me now.

RavencoinDev at 2:38 PM

The developers are working towards posting a new version 2.2 that has the updated UI shown on twitter.

Vincent at 2:39 PM

twit link?

RavencoinDev at 2:39 PM

The consuming of large birds (not ravens) might slow the release a bit.So likely the week after Thanksgiving.

[Dev] Blondfrogs at 2:39 PM

The new UI will contain: - New menu layout - New icons - Dark mode - Added RVN colors

Dan1666 at 2:39 PM

+1 Dark mode

RavencoinDev at 2:39 PM

DARK MODE!

Dan1666 at 2:40 PM

so pleased about that

RavencoinDev at 2:40 PM

I can honestly say it'll be the nicest crypto wallet out there.

[Dev] Blondfrogs at 2:40 PM

A little sneak peak, but this is not the final project📷📷6📷3

!S1LVA | MINEPOOL at 2:40 PM

Outstanding

Dan1666 at 2:41 PM

reminds me of Sub7 ui for those that might remember

UserJonPizza|MinePool.com|Mom at 2:41 PM

Can we have an asset count at the top?

[Dev] Blondfrogs at 2:41 PM

Icons will be changing

Vincent at 2:41 PM

does the 'transfer assets' have a this for that component?

Tron at 2:41 PM

Build from develop to see the sneak preview in action.There may be small glitches depending on OS. These are being worked on.

Rikki RATTOE at 2:41 PM

No plans for the mobile wallet to show an IPFS image I'm assuming? Would be a nice feature if say a retail store could send a QR coupon code to their token holders and they could scan the coupon using their wallet in store

[Dev] Blondfrogs at 2:42 PM

@Vincent That will probably be a different section added later📷1

RavencoinDev at 2:42 PM

Yes, Rikki we do want to support messaging.Looking into how that would work with Apple and Google push.

push | ravenland.org at 2:42 PM

sub7📷1hahaoldschoolit so is similar aswell

[Master] Roshii at 2:43 PM

Messages are transactions no need for any push

Tron at 2:43 PM

@Rikki RATTOE There's a danger in showing graphics where anyone can post anything without accountability for their actions. A client that only shows tokens for a specific asset could do this📷1

RavencoinDev at 2:43 PM

True, unless you want to see the messages even if you haven't opened your wallet in a week.

Rikki RATTOE at 2:44 PM

the only thing I was thinking was if you simply linked the image, somebody could just copy the link and text it off to everyone and the coupon isn't all that exclusive

UserJonPizza|MinePool.com|Mom at 2:44 PM

Maybe a mobile link-up for a easy way to see messages by just importing pubkey(edited)

RavencoinDev at 2:45 PM

Speaking of mobileWe are also getting close to a release of mobile that includes the ability to show assets held, and transfer them.Roshii has been hard at work.📷6📷1

Vincent at 2:46 PM

can be hidden also?

RavencoinDev at 2:47 PM

We're still finalizing the UI design but that is on the list of todos📷1

Under at 2:47 PM

Could we do zerofee mempool messaging that basically gets destroyed after it expires out of the mempool for real-time stealth mode messaging

corby at 2:48 PM

That's interesting!

RavencoinDev at 2:49 PM

There are other solutions available for stealth messaging, that's not what the devs had intended to build. It does sound cool though @Under

Under at 2:50 PM

📷 we’ll keep up the good work. Looking forward to the db upgrades. Will test this weekend

RavencoinDev at 2:50 PM

Thanks!That leaves us with 10 minutes for the Dev Kit!Corby has been working on expanding some of the awesome work that @Under has been doing.

corby at 2:52 PM

Yes -- all of the -addressindex rpc calls are being updated to work with assets

RavencoinDev at 2:52 PM

Hopefully we'll be able to post the source soon once the initial use cases are all working.

corby at 2:52 PM

so assets are being tied into transaction history, utxos, etc

RavencoinDev at 2:52 PM

The devs want to provide a set of API's that make it easy for web developers to build solutions on top of Ravencoin.VinX is investigating the possibility of using Ravencoin to power their solution.

corby at 2:53 PM

will be exposed via insight-api which we've forked from @Under

[Master] Roshii at 2:53 PM

Something worth bringing up is that you will be able to get specific asset daba from full nodes with specific message protocols.

corby at 2:54 PM

also working on js lib for client side construction of asset transactions

Tron at 2:55 PM

Dev Kit will be an ongoing project so others can contribute and extend the APIs and capabilities of the 2nd layer.📷3📷3

RavencoinDev at 2:55 PM

Will be posted soon to the RavenProject GitHub.

corby at 2:55 PM

separate thing but yes Roshii that is worth mentioning -- network layer for getting asset data

RavencoinDev at 2:55 PM

Again want to give thanks to @Under for getting a great start on the project

push | ravenland.org at 2:56 PM

Yes looking forward to seeing more on the extensive api and capabilities, is there a wiki on this anywhere tron?(as to prevent other people replicating eachothers work?)

RavencoinDev at 2:56 PM

The wiki will be in the project on GitHub

push | ravenland.org at 2:56 PM

im guessing when the kit is released, something will appear, okok cool

RavencoinDevat 2:57 PM

Any questions about the Web DevKit?

push | ravenland.orgToday at 2:57 PM

well, what kind of support will it give us, that would be nice, is this written anywhereI'm still relatively new to blockchain<2 yearsso need some hand holding i suppose 📷

bhorn at 2:58 PM

right, what are initial use cases of the devkit?

push | ravenland.org at 2:58 PM

i mean im guessing metamask like capabilitysome kind of smart contract, some automation capabilitiesrpc scriptsstuff like thiseven if proof of concept or examplei guess im wondering if my hopes are realistic 📷

RavencoinDev at 2:59 PM

You can see the awesome work that @Under has already don that we are building on top of.

push | ravenland.org at 2:59 PM

yes @Under is truly a herooki, cool

RavencoinDev at 2:59 PM

https://ravencoin.network/Ravencoin Block ExplorerRavencoin Insight. View detailed information on all ravencoin transactions and blocks.

push | ravenland.org at 2:59 PM

ok, sweet, that is very encouragingthanks @Under for making that code public

corby at 3:00 PM

It will hopefully allow you to write all sorts of clients -- depending on complexity of use case you might just have js lib (wallet functions, ability to post txs to gateway) or a server side project (asset explorer or exchange)..(edited)

Tron at 3:00 PM

Yeah, thanks @Under .

RavencoinDev at 3:00 PM

What's your GitHub URL @Under ?

push | ravenland.org at 3:00 PM

https://github.com/underdarkskies/ i believeGitHub· GitHubunderdarkskies has 31 repositories available. Follow their code on GitHub.📷

RavencoinDev at 3:00 PM

Yup!

push | ravenland.org at 3:00 PM

he is truly a hero(edited)

RavencoinDev at 3:00 PM

LOL

push | ravenland.org at 3:00 PM

damn o'sgo missing everywhere

RavencoinDev at 3:01 PM

teh o's are hard... Just ask @Chatturga

push | ravenland.org at 3:01 PM

📷

Chatturga at 3:01 PM

O's arent the problem...

push | ravenland.org at 3:01 PM

📷📷

RavencoinDev at 3:02 PM

Alright we're at time and the devs are super busy. Thanks everybody for joining us.

push | ravenland.org at 3:02 PM

thanks guys

RavencoinDev at 3:02 PM

Thank you all for supporting the Raven community.📷6

corby at 3:02 PM

thanks all!

push | ravenland.org at 3:02 PM

keep up the awesome work, whilst bitcoin sv and bitcoin abc fight, another bitcoin fork raven, raven thru the night📷5

Vincent at 3:02 PM

piece!!

RavencoinDev at 3:03 PM

We're amazingly blessed to have you on this ride with us.📷5📷9📷5

Dan1666 at 3:03 PM

gg

BruceFenton at 3:03 PM

📷📷12📷4

UserJonPizza|MinePool.com|Mom at 3:55 PM

Good meeting! Excited for the new QT!!
submitted by Chatturga to u/Chatturga [link] [comments]

"There is no possibility of not 'forking.' In fact a chain fork (hashpower referendum) happens at every block. Merely because the referendum has voted in the incumbent ruleset a great many times in a row does not imply a referendum (chain fork) is not happening every block." ~ u/ForkiusMaximus

https://np.reddit.com/btc/comments/68ju8a/utempatroy_uadam3us_unullc_ulukejr_dont_even/dgz7u1r
https://np.reddit.com/btc/comments/41lpisegwit_economics/cz3cazb/
Bitcoin, as a creature of the market, should be hard forking on a regular basis, because a hard fork is the only time the market gets an opportunity to express its will in anything other than a binary YES/NO fashion. That is, without a hard fork, the market only can push the price up or down, but with a hard fork it can actually select Option A over Option B. It can even assign a relative weighting to those options, especially if coins in the two sides of the fork are allowed to be bought and sold in advance by proxy through futures trading on exchanges (e.g., Bitfinex would let you buy futures in CoreCoins and/or ClassicCoins so that the matter could be resolved before the fork even happens, with the legendary accuracy of a prediction market).
Anything controversial, on which many reasonable people are in disagreement, is the perfect time for a hard fork. The idea that controversial hard forks are to be avoided is not only exactly backwards, to even entertain the idea shows a fundamental misunderstanding of how Bitcoin works and calls into question everything else one might say on the subject.
Hard forks are the market speaking. Soft forks on any issues where there is controversy are an attempt to smother the market in its sleep. Core's approach is fundamentally anti-market and against the very open-source ethos Bitcoin was founded on.
EDIT: Looks like Ben Davenport is on the same page as far as "fork arbitrage."
~ u/ForkiusMaximus
https://np.reddit.com/btc/comments/61n9y9/bruce_fenton_core_supporters_if_you_dont_like_it/dffz6g1/
People saying Bitcoin isn't antifragile is a contrarian indicator. Look at how different things are now. People are actually debating the dynamics of a hard fork, fork trading, fork futures, and Core is on the run with them being the ones having to discuss a PoW change. Besides this happening pretty slowly, what more could you ask for? Wasn't this in the cards all along?
Bitcoin will be the first cryptocurrency to dash the illusion of incorruptible leaders and blossom to a truly pluralistic development environment where no one dev or group of devs or foundation has de facto final say over changes. No major altcoin has overcome this yet, as all have their own trusty Gavin-like person or Bitcoin Wizards-like groups that is so far navigating everything well. The transition to fully realized Market Governance is a huge step, fraught with peril, but a necessary prerequisite for reaching trillion-dollar market caps.
~ u/ForkiusMaximus
https://np.reddit.com/btc/comments/4mbmrt/a_sanity_check_appeal_to_greg_co/d3u88jq/
In fairness, Greg and the others have raised one halfway decent point among all the weaseling around: what Classic did was probably the wrong way to get around Core.
Classic framed it as a miner vote, which Greg is calling a coup against "the users." Of course he's trying to bullshit that Core = the community, but there is still a grain of truth left after the BS is washed away. The fact is, Bitcoin doesn't work by miner vote; it works - ultimately - by market vote. The miners should serve as a proxy for that, but due to mining becoming disconnected with nodes (pooled mining) there are indeed like 10 guys who sort of have some possible control over Bitcoin (yes people can just switch pools, but is this the ideal way?).
The rightful remedy to this situation is to put competing forks up to a direct market test: commence fork futures trading on the major Bitcoin exchanges. Investors buy and sell 1MB-BTC futures and 2MB-BTC futures until a clear winner emerges. The market speaks. (And in the unlilely event that no clear winner emerges, the market has expressed its value for a persistent split.) In all cases, hodler purchasing power is unaffected.
Then neither Classic nor any other such fork can be called any kind of coup against the users, by any stretch. The 75% hashpower threshold should be removed. And I don't mean it should be increased to 95%. The blocksize cap in Classic should just be 2MB straight up as a flag day (increase to 2MB at this block...or gradual stepwise increase if prefered).
We have had endless debate because both alternatives were flawed: we should have no miner vote as proxy for a market vote; just a direct market vote. (In the event that the market chooses a persistent split, the minority chain would have to make some hashing and signing tweaks to prevent interference, of course.)
~ u/ForkiusMaximus
submitted by ydtm to btc [link] [comments]

10/19: Jeff Berwick outlines in the Dollar Vigilante the New Crypto Order including: XBT, ETH, EOS and the US$ debt transfer.

I’ve said it before and I have to say it again. I am shocked at how fast everything is moving.
When we started The Dollar Vigilante in 2010 we only wrote one issue per month and each month I’d have to think quite hard about the important issues to cover. There just wasn’t that much happening on a month to month basis.
Now, I have to literally filter through dozens of important things that have just occurred and try to select a few of them to focus on or this newsletter would be 100+ pages long.
The crypto space has become an entire topic on its own with so much happening that we are looking to bring on even more people onto the TDV team with a focus on cryptos, ICOs and trading. This will likely result in an add-on newsletter to TDV because just covering this space alone is worth 50 pages per month in research and analysis (I’ll briefly mention a number of interesting developments further below though). Stay tuned for more on that.
In the bitcoin space alone, ignoring all the other cryptos & ICOs, so much has occurred in just the last month.
The criminal Chinese government shut down three of the world’s largest exchanges and banned ICOs. JPMorgan has been attacking bitcoin as a fraud - which is laughable coming from that bunch. And the New York Agreement signatories proceeded further with the scheduled SegWit2x hard fork (which Juan Galt will cover in depth in this issue).
You’d think with all that happening and the uncertainty surrounding yet another bitcoin fork it would have seriously hurt the price of bitcoin.
Nope, bitcoin nearly doubled in the last month. Bitcoin just don’t care.
BITCOIN HITS ALL-TIME HIGHS NEAR $6,000
As I write, bitcoin is trading at $5600 after hitting a new all-time high of $5,844.18 on Sunday.
For the last three months I mentioned numerous times that I liked the short term prospects of bitcoin over the entire cryptocurrency space as a whole. And that has turned out to be correct as bitcoin has risen from a low of 37.82% dominance in the sector in June to 54.45% now.
The total market capitalization of all cryptocurrencies excluding bitcoin has fallen from $97 billion at the beginning of September to $79 billion today.
Meanwhile, bitcoin itself currently sits near $94 billion in market cap. It was only one year ago today that bitcoin had a market cap of just over $10 billion meaning it has increased nearly 1,000% in the last year in both market cap and price.
Not a bad year!
I recall many TDV subscribers lamenting how they had missed out on bitcoin after it had skyrocketed to $150 in 2013 after starting the year near $15. I said then that it was definitely not too late to get in.
The same happened after bitcoin surged through $1,000. And, I said the same, “it’s not too late.” When bitcoin hit $3,000 I said the same.
With it now near $6,000 I am telling you it is not too late. Here’s the main reason:
This is a chart of the money supply or value of gold, bitcoin, Chinese yuan, Japanese yen, euro and the US dollar.
You’ll notice one stands out as being miniscule. Bitcoin.
Gold is the next closest to bitcoin with a total value of approximately $7 trillion.
If bitcoin, which many including myself consider to be the digital version of gold were to one day be valued the same as gold it would have to rise 80x to a value, in today’s dollars, of over $450,000.
If bitcoin were ever to supplant the US dollar as a currency it’d have to rise nearly two-fold above that, for nearly $1 million per bitcoin.
Will it ever get there? Well, there is absolutely no way to know. And, if it does, it will take a long while.
Does it have the potential? Yes, absolutely. If we continue to live in a digital world and the fiat currencies of the world’s most indebted and bankrupt companies return to their intrinsic value of $0, then bitcoin would be the frontrunner to become the new world currency even more than gold due to all of its ease of use benefits.
It’s not going to get there without a fight though. And I expect nothing but volatility, crisis and chaos in the years ahead.
But consider the fact that there are only a total of 21 million bitcoins that will ever be available.
Some data shows that there are over 15 million millionaires in the world today. What if each one of them wanted to own just two bitcoins. There wouldn’t be enough.
And what if many of those millionaires begin to realize the entire fiat currency system was on the verge of collapse? The panic buying that would ensue would rise bitcoin, and to a lesser extent gold, to levels so high that sellers would eventually stop accepting fiat currencies whatsoever in exchange for bitcoin.
That’s where we could be headed.
In the meantime, though, with a rise of 1,000% in the last year a sizeable pullback is clearly possible.
Will it happen anytime soon? Truthfully, everything I am seeing says no.
Bitcoin, which once was just known by a few of us crazy people here around The Dollar Vigilante is now talked about at every level of business, banking and politics across the world… and a lot of the conversation is, “How do we get some?”
And, did I mention, the entire cryptocurrency space is moving forward at light speed.
BLOCKCHAIN TECHNOLOGY ERUPTS
Considering I was one of the only people talking about blockchain about three years ago it is incredible to see the speed in which this technology is accelerating.
Russia has flip flopped on bitcoin countless times now and has just announced it will be r eleasing its own CryptoRuble (CR). Of course, it will be nothing like bitcoin as it cannot be mined and will be issued and controlled by the Russian mafia (government). CR can be exchanged for regular Rubles at any time — however, if the holder is unable to explain the origin of the CR then a 13% extortion tax will be levied.
China may be following in Russia’s footsteps as the Director of the Digital Currency Research Institute under the People’s Bank of China hinted towards the creation of a state-backed cryptocurrency.
I expect most fiat currencies to become digital over time which will make most people accustomed to using digital currencies… from there it is only a click away to trade in or out of bitcoin and the myriad of other decentralized cryptocurrencies.
Coinshares, the issuer behind the world’s first Bitcoin Exchange Traded Note (ETN), has announced that they will be launching the world’s first Ether ETN on the Nasdaq Stockholm.
The Dubai Land Department — the government arm responsible for the registration and organization of real estate in the emirate — is now processing and implementing all real estate transactions on a blockchain, with the ultimate goal to have all Dubai properties recorded on a blockchain within the next 2-3 years.
This is one area in which I have no trouble with the government using blockchain technology: in the recording of property rights and activities. It will, over time, make government unnecessary in such activities and will enable the economy to transact with more trust and less expense in the form of lawyers.
Vitalik Buterin, the founder of Ethereum, has confirmed that 63% of central banks are working with Ethereum. Moreover, 44% of public institutions and 50,000 developers are building applications on the platform.
IBM has announced a partnership with Stellar Lumens , a blockchain-based payment processing company, to move money across borders throughout the South Pacific. Merchants and consumers will be able to send money to another country in near real-time, accelerating a payments process that typically takes days.
IBM hopes to use the blockchain network to process up to 60% of all cross-border payments in the South Pacific’s retail foreign exchange corridors by early 2018. The Stellar Lumens coin appreciated 150% after the announcement.
Basecoin, a form of stable coin, has attracted investment from some of Silicon Valley’s largest funds including 1confirmation, Andreessen Horowitz, Bain Capital Ventures, Digital Currency Group, MetaStable Capital, Pantera Capital and PolyChain Capital.
Basecoin is lauded by investors for its unique approach to what's been called the "holy grail" of cryptocurrency – a digital asset able to keep its value free from volatility. The basecoin protocol can be pegged to the value of any asset or basket of assets, dynamically adjusting its market price through the creative use of a combination of tokens.
Grid+, the blockchain-based company aiming to provide consumers with direct access to wholesale energy markets, has partnered with Tokyo Electric Power Company (TEPCO), Japan’s largest energy utility.
TEPCO aims to leverage its partnership to learn about the potential benefits of Ethereum for decentralizing the exchange of energy, while Grid+ hopes to learn how to refine its algorithms to purchase cheaper energy.
Winding Tree, a decentralized market for travel booking, has announced a partnership with Lufthansa, the largest German airline. The Winding Tree ICO starts on November 1.
And, Overstock CEO Patrick Byrne has confirmed that his security token exchange, tZERO, will be pursuing an ICO sometime before Thanksgiving. Byrne suggested that the ICO could raise as much as $500m, which would be double the record for an ICO raise.
I interviewed Patrick Byrne on Anarchast last month. You can see that here.
And, Vanuatu this month announced that it will accept bitcoin in exchange for citizenship— 44 bitcoin to be exact .
And we barely mentioned any of the ICO news. That’s a whole other area on its own.
I wanted to post this chart, though, of the main ICO’s return to date.
As can be seen, buying a small amount of certain ICOs, which have had returns of 10x, 100x and even 1,000x can be very profitable but you do need to be careful.
We’ll continue to cover them here and are increasing our research and analysis resources dramatically to do so.
UPDATE ON EOS
Speaking of ICOs we have had a rough start with EOS which unfortunately, at the moment, is on the right side (loss side) of the above chart.
Many subscribers asked me to interview Dan Larimer again and, as I always try to do, I obliged.
This interview is exclusive to subscribers for the next 48 hours and then we will put it live to the public.
Here is the video .
*This video was also livestreamed on the TDV subscribers only Facebook Group here . Due to many things happening so quickly we don’t have time to even email out alerts like this but try to post if we can in the FB group. I realize some people don’t like FBIbook for obvious reasons but even just having a sock (fake) account set-up to access the group gets you access to a lot of valuable realtime info.
To summarize, Dan believes the drop in the price of EOS isn’t due to their long ICO period but mostly attributable to the Chinese ban on ICOs. According to Dan, 50% of buying was coming from China.
I’ve seen a number of people on the internet and even amongst subscribers questioning EOS. That is fairly normal.
I was one of the only people in the world lauding bitcoin at $3 in 2011 and still to this day people say it is a scam, a ponzi scheme or a fraud. I obviously stopped listening to them a long time ago.
When I first featured Ethereum in January 2016 near $2 there was a lot of criticism… and while it did rise to the $10 level fairly quickly afterwards it plateaued there for nearly a year bringing out a lot of catcalls about how it was dead.
It wasn’t.
So, with EOS, it has gotten off to a rocky start but it is also very early stage… and I have said that. However, by the time it is launched in June the price will likely be dramatically higher. So, you can wait and pay more later when the world realizes what a huge advance it is or you can get in early and take a few lumps waiting for the market to realize its value.
Dan Larimer outlined a lot of good information on EOS in our interview but afterwards, off the record, he went into detail on many of the projects they are working on… and I can tell you, they have ‘world changing” written all over them.
The market doesn’t know or realize a lot of it. And EOS has an absolutely massive bankroll, in the hundreds of millions of dollars, to bring all their projects (which are all related to or linked with EOS) to market.
And Dan has an amazing vision. He understands what the market needs and wants - which is often a downfall of most techies - and knows how to get there.
He announced this week in the official Telegram channel that EOS will be the first blockchain with unprecedented sub-second block times of 500 milliseconds and sub-second last irreversible block (LIB) providing finality. In other words, the time between a user sending a transaction or a command and being included in the blockchain could be consistently under a second compared to 10 minutes on Bitcoin.
So, with a market capitalization of $400 million currently - and a bankroll of almost the same amount - to me this is a no brainer lottery ticket.
Sure, like any new product it may fail. But, it may also succeed… and has a good chance of doing so in my opinion. And, if it does, we’ll laugh at how cheap it currently is for the opportunity.
In other words, stick with it and if you bought earlier at higher levels look to average down.
SUMMING UP THE CRYPTO SPACE
Like I said, A LOT is going on in the crypto space. It isn’t going to go away overnight no matter how many times Peter Schiff says it will.
Make sure to stick with us here at The Dollar Vigilante, the only financial newsletter in the world that has covered bitcoin and cryptos since 2011. Still to this day most financial newsletters don’t even cover this space… or even avoid it.
Their, and their subscribers, loss. Keep this in mind with bitcoin, too. Since bitcoin was launched in 2009 it has actually been in a near-state of hyperinflation… a type of hyperinflation that was necessary in order to widely distribute the coins. That time of high inflation is nearly over just as quite a large part of the world is just waking up to bitcoin.
What happens when increased demand meets decreasing supply? I think we all know the answer to that basic economics question.
OTHER EVENTS
So many other things have happened in the last two weeks but we only have so much time and mindspace to cover it all.
I didn’t even touch on what was quite obviously a false flag in Las Vegas. All the typical 9/11 type scenarios have occurred along with a storyline from the LameStream Media and the government that make zero sense.
Insiders sold stock of MGM prior to the event? Check .
A surge in buying in ammunition starting on 9/11 leading up to the event? Check.
Eyewitness to multiple shooters dead? Check .
Predictive programming? Check… as I’ll outline here.
It is well known by many that Hollywood and the music industry are largely controlled by elites. In fact it also well known that many popular stars are used for predictive programming purposes to influence the opinions of the masses.
It appears as if country singer Jason Aldean is one of these celebrities that is being used to convey subliminal messages along with others.
As we have come to learn, many of the nefarious plots that are planned by elites are planned decades in advance if not scores of years. With that in mind, there exists an Illuminati card game that contains a “Las Vegas” card. On this card are depicted a jack and ace, something you might see in a game of black jack, along with a picture of a sun.
The game created in 1996 has predicted multiple false flags and operations carried out by the elite including the Pentagon blowing up and 9/11.
In blackjack, the jack has the value “10” the ace has the value 1 or 11. In this case, it appears the symbology used on this card is conveying that the value of this ace is “1” - A is the first letter of the alphabet and in numerology - which the elites strongly believe in - it has the value “1”.
So when you put the two values together you end up with 10/1 - the same day the Las Vegas shooting occurred. Coincidence?
Well, if that was all coincidence, which it very likely wasn’t, what’s more, is that Jason Aldean has a nearly identical tattoo that depicts a jack and ace plus his initials are also “JA” the same exact letters. Also, Aldean has a picture of a black sun in the same tattoo. Likewise, sun symbology is heavily used on Jason’s website and album cover artwork.
As many of our enlightened readers probably know, the sun is worshiped by many secret societies, perhaps most famously, the freemasons.
Remember, this game has existed for more than 20 years. So, the Las Vegas shooting has probably been years in the making.
Just take a look at what went on with MK Ultra and the history of such government operations such as Project Mockingbird. This kind of manipulation has been going on for a long time.
Another one of Jason’s tattoos is a black cross depicting a red star - a pentagram - in the center of it.
And as many people know, many of the Illuminati elites worship satan or have Luciferian beliefs of some kind.
And, I didn’t even mention the location of the event, right in front of the giant black pyramid and numerous occult symbology… I get into this in a soon to be released Anarchast episode with Mark Passio.
Just remember nothing happens by accident.
Same ol’, same ol’.
If there is one heartening thing I’ve noticed is that a lot more people are questioning these events. Ten years ago when I was adamant that 9/11 was an inside job false flag death ritual most people thought I was crazy. Now, many agree.
And now, many are questioning these events… a positive in my opinion.
CONCLUSION
What will occur in the next two weeks prior to our next issue? I think it’s a safe bet to say “lots”.
So far we have made it through September and halfway through October with no market crash. As I write the Dow we just crossed 23,000.
The number 23 is quite an occult number . Could the powers behind the scene be targeting 23,000 before a planned crash?
We’ll have to wait and see. As you’ll see below, though, Ed Bugos is not giving up on “the big short.”
I’ll be in Austin for the Texas Bitcoin Conference on October 28th and 29th. You can get a discount to the conference by using the code “Anarchast”. And then I’ll be going to Lisbon, Portugal for Steemfest from November 1st to 5th.
And, of course, don’t forget about Anarchapulco from February 15-17th, then Cryptopulco on February 18th and the TDV Internationalization & Investment Summit on February 19th!
For those mostly interested in cryptocurrency, finance and investment, Cryptopulco and the TDV Summit the next day are the events to go to.
You can check out the websites to see all the amazing speakers lined up including Trace Mayer, Roger Ver, Bruce Fenton, Dan Larimer and many, many others.
And, unlike many other conferences most of the speakers will be around the entire week, and often poolside, where you can casually chat. That also includes myself, Ed Bugos, Juan Galt, Luis Fernando Mises and the rest of the team from TDV.
Phew. So much going on… but we are happy to be one of your trusted sources to help you survive and prosper through it all.
Thank you for that! And thank you for subscribing!
Jeff Berwick
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An investment client asked about Bitcoin, here is my memo response

What are Bitcoin, How do Bitcoins Work and Why Should We Care? November 24, 2013
Below is an actual email I sent to one of my top clients, who is a global business leader, when we were discussing Bitcoin today.
— I’ve removed any confidential information and I think the content makes for a decent and informative article about how Bitcoins work.
[I realize some technical details -- such as Bitcoin mining-- are not fully explained - this was because I wrote this for a specific person based on the style that person prefers.]
Hi ____,
(Excuse the long note, it will answer the questions you asked and also fully equip you for cocktail /water cooler conversations which I GUARANTEE will come up!)
Bitcoin works by allowing direct transfer of money/ coins peer to peer anywhere in the world…the rational for the price increase is due to supply and demand and increasing signs of this being a real and viable thing.
It’s fascinating.
HOW A very complex computer program on a shared network creates (to be mined) the digital “coins”which are basically a series of numbers….each one is unique.
WHAT These digital coins can be easily transferred, converted to USD, EUR, CNY or used to purchase tens of thousands of goods online. (Every major hacker and academic has attempted to counterfeit, hack or find flaws and numerous papers have been written which say it won’t likely happen due to the way the code is written and open source and other details.)
This has created a completely decentralized global currency instantly transferable and untrackable.
The idea of digital currency came about in the 80s — five years ago Bitcoins started — at first very experimental with tech geeks buying pizzas etc and traded at around .22 then a dollar each.
RISE IN VALUE When Cyprus collapsed, Bitcoin had it’s first major surge as it was seen by some as a gold-like alternative but with easy transport across borders. It was also seen as a black market facilitator due to its decentralized nature with underground goods reaching hundreds of millions in sales.
WINKLEVOSS Shortly afterwards, the Winklevoss twins (VCs and Facebook lawsuit winners) bought about $90 million worth or 1% of Bitcoin. Winklevoss targets a $400B market cap for Bitcoin (from $7-9b today) (someone else appears to have bought $150 mm worth this week, it’s unknown who)
CHINA / BAIDU As the price reached $100 and $200, China became interested — it’s in the news there daily now.
The massive Chinese state internet company Baidu announced they will accept Bitcoin as a form of payment. It’s unlikely Baidu would do this without the tacit approval of the Chinese government (who also knows this is a slight toward the USD which is not overt)
US Senate hearings this month were surprisingly favorable and unlikely to lead to attempts at heavy-handed regulation. (Which is logistically nearly impossible given the de-centralized nature, you would have to shut down the internet to stop it entirely)
The China interest and US hearings brought Bitcoin past the $700-800 mark in very volatile trading. (Mkt cap of 7-9 billion USD)
ACCESS /DEMAND There is only one major exchange in the US – called MtGox — it is plagued by delays from tens of thousands of applications for new accounts….just processing wires takes a week or more and an AML check takes 30 days due to backlog.
The main broke exchange in China received an investment from Lightspeed Venture Partners and China is getting something like 60,000 inquiries a day.
WHY I think Bitcoin is transformative for a few reasons:
Almost a year ago I had a conversation about Bitcoin with —-deleted——- [a leading Venture Capitalist. Basically he's interested in the space, we are looking for ways to participate]
Since then, especially based on China, I’ve become more convinced.
We are talking about global access now….. when else have Chinese citizens and EU and US been able to buy the same investment on the same platform? We know the significance of Chinese savings and interest in non fiat currency….as well as the transformative power of decentralized collaborative networks….as well as the risks in conventional global fiat currency.
Clearly if we talk in terms of it replacing even a tiny fraction of real global currency it is a huge deal…..too much in the air for that, but I think access and interest alone can bring it to a value somewhere around AAPL or the $400B the Winkelvoss twins target….this is still a small drop compared to real currency numbers but would place Bitcoin at $30-40,000 per coin.
Risks are high, it is very volatile….one article shared at [major firm] says it will be back down to $250 by months end. It can return to thin air and head back down to a penny. I thought government regulation was the largest risk but the Senate has missed that boat…unless some major event creates a compelling national need, they are unlikely to try now…toothpaste is out of the tube. So now the biggest risk is whether this is real or not….this is why China and Virgin etc. are significant.
[deleted specific recommendations particular to this person etc.]
Let me know if you want me to look at ____ XYZ – we should participate.
That’s my two cents worth! (Or .00000023 Bitcoin worth)
-Bruce
Bruce Fenton President and Managing Director, Atlantic Financial Inc.
W
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Bitcoin Koans

A reddit user asked Bruce Fenton: "Without speaking, without silence, how can you express the truth?"
Fenton observed: "I always remember the block-chain. All is recorded within."
The users of /BitcoinMarkets used to study TA before Paco Ahlgren posted on reddit. Four of them who were intimate friends promised one another to observe seven days of pure math.
On the first day all were silent. Their analysis had begun auspiciously, but when night came and the markets were rising quickly, one of the users could not help commenting: "TO DA MOON."
The second user was surprised to see the first one comment in English. "We are not supposed to write a word," he remarked.
"You two are stupid. Why did you comment?" asked the third.
"I am the only one who has used pure math," posted the fourth user.
killhamster went to /dogecoin where a bot had started a giveaway and asked it: "What is, is what?"
The bot tipped him 98 dogecoin.
killhamster replied: "Cryptos cannot prosper when the price is too low." And he left.
A few days later killhamster went again to visit the bot and asked the same question.
The bot answered the same way.
killhamster said: "Well given, well taken, well tipped, to the moon!' And he tipped the bot back.
1point618's Comment: The tipped doge was the same both times. Why is it killhamster did not admit the first and approved the second one? Where is the fault?
Whoever answers this knows that killhamster's tongue has no bone so he can use it freely. Yet perhaps killhamster is wrong. Or, through that bot, he may have discovered his mistake.
If anyone thinks that the one's insight exceeds the other's, he has no eyes.
Two users were arguing about the LTC/BTC exchange rate. One said: "Bitcoin is moving by gaining value."
The other said: "Litecoin is moving by losing value."
TulipCoins happened to be passing by. He told them: "Not Bitcoin, not Litecoin; mind is moving."
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Bitcoin Uncensored Uncrypted

 BITCOIN UNCENSORED CHEAT SHEET by dwdoc 
Affinity Scam- Scheme in which reputation is used to extract value. Andreas Pumpanddumpolous-Andreas Antonopoulos. Beanie Baby- A speculative commodity. Big Blocker- Someone on Twitter who blocks @derosetech. Blockchain- A digital record of trust secured by expenditure of capital. Brian Fenton- Bruce Fenton. Cheapest Pants- A project or investment devoid of ideological cost. Externality- A side effect of economic activity on an unintended 3rd party. Efficient Market Hypothesis- Investors cannot reliably outperform the market. EMH- see Efficient Market Hypothesis. Government Mandated- Government restricted. Mr. Golden Teeth- see Underserved. Natural Ponzi- A decentralized pyramid investment vehicle. Opportunity Cost- The value of better alternatives lost when making a decision. Oracle- A trusted 3rd party. Prison Wallet- Rectum. Specialization of Labor- Profitable criminal activity. Two Time Charlie- Charlie Shrem. Underserved- Those seeking to transact illegally. William Moogily Boogily- William Mougayar.
submitted by dwdoc to Bitcoin [link] [comments]

03-26 22:07 - 'I offer possibity #4, poor u/bruce_fenton is not aware of how controlled he is. He is bad at his job, but he is still doing his job. And we know what his job is! It is control, it is power, it is concentrated. / And it is f...' by /u/super-bad removed from /r/Bitcoin within 169-174min

'''
I offer possibity #4, poor bruce_fenton is not aware of how controlled he is. He is bad at his job, but he is still doing his job. And we know what his job is! It is control, it is power, it is concentrated.
And it is fucked. Bitcoin, and more to come. Good will be heard through tech like Automation and Bitcoin. The stupid fucks stopping our population from growth, will probably still be the ones closest to God, and STILL powered.
Or, the stupid FUCKS stopping our population from growth will be on an equal playing field for the first time in their existence. And they will lose. But their loss, means humanities gain. Net humanity, net universe gain.
None the less, we need to be incredibly smart, bitcoiners! Do NOT let anyone corrupt our decentralized store of value. The stock market will burn from their greed, and bitcoin will rise, and in the ashes we will create a better world :). Automated, and filled with love. Jews hate GOD, and LOVE, and we will bring it.
'''
Context Link
Go1dfish undelete link
unreddit undelete link
Author: super-bad
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Wall Street and How we can use it to Help Bitcoin

There are many benefits about increased Wall St. interest in BTC.
I'm surprised at the level of anger at Wall St. on this sub by a few.
Please allow me to give some food for thought for those who are cautious about the investment business:
FAIR BALANCE: the bad side of Wall Street
Will Wall Street people lie to you and rob you? Almost never....but they WILL stick it to you and squeeze every penny they can from you and, if your lawyer isn't smart enough to understand dilution clauses etc. they will whipsaw you.
Wall Street in general doesn't get Bitcoin and doesn't care about it some of us are very passionate believers, others see it as a quick buck and don't even care if it has a real future as long as they can make a buck.
Personally I'm looking at some Bitcoin related stuff and I plan not to deal with Wall Street much, by choice. ** I'd rather deal with Bitcoiners. Not because Wall St. is full of bad guys but because so few "get it" yet.** and I like both communities but I generally like the BTC community a bit more.
(Written by Bruce Fenton a Bitcoin fan who comes from a career in the investment business)
TL: DR: Wall St. should be dealt with cautiously, offers many great advantages and is here to stay and will bring a net benefit to Bitcoin. Be realistic about how things change and grow historically, even the most disruptive technologies our world has ever seen.
submitted by bruce_fenton to Bitcoin [link] [comments]

Bruce Fenton - Plandemic and the Changing Times Bitcoin and asset allocation tips David Johnston Bitcoin and history and the future of the blockchain Bruce Fenton - Best of - From Wall St to Emerging Markets ... Bruce Fenton - From Wall St to Emerging Markets

Re: I'm Bruce Fenton, Bitcoin Loving Techo-Econ Geek AMA! Thu Nov 05, 2015 8:08 pm I was super critical of Matonis-era TBF because I felt like his cadre dropped the ball, almost entirely, and then treated the community like we were idiots. • Bruce Fenton is definitely a distinct personality in the Bitcoin space. After working as a stock market broker for about two decades, he chose to walk. 13.9 C. Amsterdam. 20 October 2020. Home; News. News. Founder of DeFi’s Yearn.finance (YFI) just launched another… 20 October 2020. News. BestChange.Com: Over 250+ Exchanges To Select The Best… 20 October 2020. News. Massive Prize ... Bruce Fenton is for sure a definite character within the Bitcoin house. After operating as a inventory marketplace dealer for approximately twenty years, he selected to stroll clear of his Wall Side road occupation and take a jump of religion with Bitcoin. “It’s been a wild journey, I wouldn’t business it for the sector. Individually ... Bruce Fenton is definitely a distinct personality in the Bitcoin space. After working as a stock market broker for about two decades, he chose to walk away from his Wall Street career and take a leap of faith with Bitcoin. Bruce Fenton is undoubtedly a definite character within the Bitcoin house. After running as a inventory marketplace dealer for roughly twenty years, he selected to stroll clear of his Wall Boulevard occupation and take a jump of religion with Bitcoin. “It’s been a wild experience, I wouldn’t industry it for the arena. For my part, Bitcoin ...

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Bruce Fenton - Plandemic and the Changing Times

Bitcoin is clearly the most exciting Internet protocol today. Texas Bitcoin Conference The Texas Bitcoin Conference will allow attendees to explore this new ... 2014 Texas Bitcoin Conference in Austin, Texas. http://TexasBitcoinConference.com Bruce Fenton joins us to chat about the current state of quarantine. We chat about his transition from fear to skepticism of the main stream narrative. We also talk about human origins, polluted ... Erik Voorhees and Bruce Fenton Bitcoin Fireside Chat - Duration: 1:07:10. Bruce Fenton 5,661 views. 1:07:10 . Nick Szabo - History of the Blockchain - Duration: 18:11. How to Create Resilience ... Nov. 25, 2019 - HodlCast Ep. 94 featuring Bruce Fenton. We discussed his recent venture, Watchdog Capital, an SEC registered broker dealer and member of FINRA. Watchdog recognizes Bitcoin as money ...

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