-
Posts
9,073 -
Joined
-
Last visited
Posts posted by Stive Pesley
-
-
1 hour ago, GboroRam said:
I'd say if you want to make money out of bitcoin, the last thing you want is to swap it out for Fiat as the basis of your country's economy.
I think you've highlighted exactly what I find so paradoxical about BTC. People buy it as a "store of value" but it only holds value in relation to FIAT currency. So you can only realise that value by selling it in exchange for the FIAT currency. Which of course leaves you with a fistful of the thing you claim is rubbish and needs to be replaced by BTC.
The only real way to make money from BTC is to be a miner, or a broker
-
24 minutes ago, Comrade 86 said:
How is that different to those 'discreet' accounts in Switzerland or Lichtenstein though? No account number, no access, just the same as with crypto.
Key difference is that those accounts are deliberately secret and the owners never mention them. As opposed to BTC where the HODLers never shut up about how much they are into their crypto 😂
26 minutes ago, Comrade 86 said:How many other more traditional stores of worth go unclaimed though, despite probate? Plenty I'd wager, if reports of huge amounts lying in dormant accounts hold any truth.
Oh definitely - which is why there is a whole industry of "estate hunters" trying to track down obscure 5th cousins for a percentage of the pot in all these unclaimed estates. Because probate law applies and if you can prove you are the next closest living relative, the bank will release the funds. Crypto is just a dead duck though. You'll be dead before you brute force a SHA-256 hash
- NottsRam77 and cstand
-
2
-
13 hours ago, Comrade 86 said:
Simply bequeath the mobile wallet (containing both crypto and seed phrase) along with any log in / access data required to access them.
Yeah - I meant if people *don't* manage to do that. Given that there are a large amount of young people in the BTC market, I'm guessing there will be a fair chunk of them who won't have given this a second thought. And it's not like probate laws can decrypt wallets
So as NottsRam said - in this instance it's gone. I'm sure I read somewhere that an estimated 20% of BTC are already lost due to death/lost keys
Kind of makes it an unusual "store of wealth" in that respect. At least gold exists and can be inherited.
-
Out of interest (genuine question) - what happens to someone's BTC when they die? Assuming that they kept their private key...um private
-
1 hour ago, Crewton said:
Apologies to the mods for mentioning the 'P' word.
It's ok. George Galloway is a celebrity and not a politician 😂
- David Graham Brown and Crewton
-
1
-
1
-
1 hour ago, Comrade 86 said:
Oddly I'd never watched any of Fargo, save for the original Coen brothers movie. Blitzed series 1 last week and loved it, but S02 seems to be a mile off it.
Worth continuing or did it peak at S01?
I enjoyed Season 2, but not as much as Season 1
Season 3 (the Ewan McGregor one) was much better.
Season 4 was the terrible one that we gave up on.
The new one Season 5 was back on form again
-
12 minutes ago, NottsRam77 said:
Does this seem fair ?
Absolutely not, but the reasons for that are nothing to do with bitcoin are they?
Nor would Bitcoin solve the problem. What would the above clipping look like if the example date was 2014 and he paid for his house in Bitcoin?
-
Will be interesting to see how this one plays out
https://www.bbc.co.uk/news/articles/cv2ygp5pdqlo
QuoteA Brazilian Supreme Court judge has opened an inquiry into Elon Musk after the multi-billionaire said he would reactivate accounts on the social media platform X, formerly Twitter, that the judge had ordered to be blocked.
Mr Musk posted on the platform, external that the restrictions had been lifted because the court order was unconstitutional.
Remember when Musk said last year that he "cannot go beyond the laws of the country to defend free speech" and he censored anti-Erdogan accounts in Turkey as a result?
The fact that he's willing to challenge the laws of a country when it comes to the "free speech" of far-right Bolsanaro supporters tells us all we need to know about the Twitter bin-fire
-
On 03/04/2024 at 09:00, Bob The Badger said:
Anatomy of a Fall on Amazon Prime for £4.49.
We ended up watching this in two halves after starting it a bit late on Sunday.
At half-time, I was pretty stoked.
It had fabulous acting and a well-written script, and I felt it was bubbling up nicely.
The second half started with a clever court scene with more really excellent acting.
Then nothing happened much.
Rather than building to a crescendo, it just disappeared up its own arse.
I thought I was getting Stimac/10, and ended up with Steve Mac/10
I watched this at the weekend - because it now appears to be free on Amazon Prime (sorry for your loss Bob!)
It seemed quite long at 2.5 hours, and I was also a bit underwhelmed by the ending, but my slept-on-it thoughts were much more positive.
It has all the hallmarks of a whodunnit, but seems to deliberately subvert that by making the point that in real life some things are simply unknowable and you have to make your own mind up and move on with what ever life leaves you.
I also liked the dual language device which I guess was intentionally done to make you think about how hard it is to understand each others lives. The fact she (as a native German speaker) had to speak English with her French husband, and then was forced to speak French in court but had to keep switching to English when she couldn't find the words to explain her emotions. All very cleverly done
Mel Sage/10 for me
-
Christ - I skipped through that, he's a terrible public speaker, and clearly deranged 😂
He must have said "we're actually going to do this" about a dozen times in just the snippets I watched
He's obviously trying hard to convince you all!
-
As a small child of about 5 I vividly remember discovering that my own "little stive" sometimes went all big in the bath, and my mum telling me to stop touching it because "if you keep doing that, it will fall off"
I didn't dare go near it again until I was about 13 - at which point I thought "sod it, if it falls off, it falls of - at least I'll have fun finding out"
-
5 minutes ago, Comrade 86 said:
I loved Ted Lasso. Not sure why folk keep singling it out to be slated. I think it was a comfy pair of slippers for folk when they needed it (lockdown / Covid / the aftermath) and it's harmless enough even if you don't take the the characters. An 8.8 IMDB score tells its own tale, even if it's not for everybody.
Yeah it's weird - I really enjoyed the first season, but as it went on it became a LOT cheesier and the writing seemed to take a nose dive. As Bob said - how many times can the joke be - "oh the English have a different word for this"?
Once I realised it was essentially "a US TV show about an imaginary England" and not a British sitcom, I just got a bit bored
That said - the fact that there are millions of Yanks who think that is what life is like in an English Premier League team makes me chuckle though (and that people walk around London actually talking to strangers in the street!)
-
13 hours ago, DerbyRevolution said:
2 or 3 points ahead going into Carlisle and would give us the cushion of having an off day.
Let's be honest - if we have an off-day against Carlisle, a team who will have been relegated long before the last game - we don't really deserve to be promoted!
-
-
Gave up on Ted Lasso part way through Season 2. It just got really, really awful.
Started watching Loudermilk on Netflix last night instead. A comedy about a misanthropic ex-alcoholic trying to counsel others. Looks OK so far, but we shall see
-
Read an interesting take on the fears that now Blackrock are hoovering up as much BTC as they can, that (based on the way that they operate in every other market) they simply won't stop until they own almost all of it. Leaving the supply and demand of the currency largely in their hands
I don't think this is the future that the evangelists hoped for
-
-
4 hours ago, Carl Sagan said:
everyone else except Twitter is being sued for damaging children's mental health.
I'm sure they would be if any kids actually used it, but they don't.
Weirdly a platform that's mainly full of Nazis, bots and Nazi bots doesn't appeal to kids 😂
-
That's a tough read, but all the best to you and thanks for sharing
All I can really say is that I became a father at 25 (relationship didn't work out) and then for a second time with Mrs Pesley when I was 40, so get the "too old" thoughts out of your head. 42 is not an unusual age to have kids these days. It's been absolutely fine. A bit more tiring sure, but just as rewarding, if not more so as I was in a much better place the second time around
Good luck whatever the future brings
-
-
1 hour ago, GboroRam said:
I think he's arguing that it's no worse than the competition, but those people who are ex supporters of twitter but are not happy with the current offering are arguing it's worse in comparison to what it used to be. Which apparently there doesn't seem to be an any argument.
No one is arguing that all the social media companies aren't terrible in their own way.
But only one of them has been taken over by an entitled billionaire man baby with the express intent of "making it better". Which is the exact topic of this thread.
If all someone has to offer to the debate is "Facebook is a bad too" then you wonder why they bother. I better they are a delight at dinner parties
-
6 hours ago, AndyinLiverpool said:
What does that have to do with Twitter?
I'm guessing he couldn't find the thread entitled "Tedious off-topic whataboutery"
-
23 minutes ago, TuffLuff said:
Presumably this is the same LIV-Pro event where Kirchner was stepped by Dan Roan for not yet producing the funds for the takeover?
Yes - and Nigel Owen states that within an hour of that approach being made by Roan - CK was telling everyone privately that the funds had been transferred and the job was done
24 minutes ago, TuffLuff said:You can question, as a head of a supporters group, why you’ve been invited to a LIV-Pro event by him in the first place and whether it’s appropriate to accept that offer.
You can question that with the benefit of hindsight yes, but it's easy to see why, at the time the head of a Supporters Group would have accepted the invite. CK's MO was very much flattery and trying to make emotional connections with people
-
12 hours ago, cstand said:
Everybody takes each other to court in the US all the time it’s part of the American dream.😀
The judge actually ruled that the case was a SLAPP (Strategic Lawsuit Against Public Participation) - that's a legal action intended to censor, intimidate, and silence critics by burdening them with the cost of a legal defence until they abandon their criticism or opposition.
Not a good look for the "free speech absolutist"
Ironically the lawyers he used now risk being de-barred because part of the Bar rules in California are that you don't bring frivolous or malicious cases. Doubly so if Elton wants to try and appeal what was a pretty firm judgement
World of crypto
in The Jim Smith Room
Posted
I understand why you would (from all the very well reasoned posts you've made) - but to me, option C is by far the highest risk strategy (unregulated and volatile) of the 3 - hence one of the reasons I'm disinclined to go anywhere near it. Also ethically I don't feel comfortable with it, as I've mentioned before a few times!