Farcaster has been a nice refreshment for me. Currently a lot of developer types are present on the platform and I've seen lots of insightful conversations there.
Tokens are frozen "in-place" pending investigation. It differs from how it works with btc, because the government does not have control of the private keys that manage the addresses in question - so they go to Tether who controls the smart contract that manages the transactions of the tokens.
This, in practice, means that the US government controls the mentioned tokens for the moment. What happens with them depends entirely on the outcome of the investigation.
Neither of those statements is true. Bitcoin seized by US government is often sold off in auctions[1]. Tether seized by the government could also be redeemed for fiat eventually, following due process.
EDIT: I see now that you were actually comparing the case of USDT freeze against Bitcoin seizures. Nevertheless, Tether doesn't simply get to keep the USD value of the frozen tokens. US government would want to recover that.
I spent a good chunk of my youth in the kafana, AMA :)
Joking aside, my feelings about it are mixed. I have fond memories of good laughs and parties with friends, but also can't help but notice a lot of black outs and hangovers the day after :) don't get me wrong though, if you are a tourist, you should definitely experience it.
Not really. SEC investigations are civil, not criminal. They might end up paying a fine, but there is no risk of jail time or anything similar. Also, while I like Kraken as an exchange, its market share is not significant enough for it to matter in the big picture.
The rumour about Binance indictment by DoJ has been going around for 1-2 years now. Its one of the last remaining pieces of major news that could have potentially negatively affected the industry. After two years of prosecutions, regulatory uncertainty and general poor market conditions, its only now starting to feel like there's light at the end of the tunnel.
Happy to see this whole thing finally coming to an end, its a nice wrap to the dead market we've had for the past 2 years. I'm excited for 2024 in crypto!
Worth a lot. It probably would have been enough to plug the hole from stealing customer funds, if he managed to stay afloat for a few more months. Ah, the irony.
Linkedin is one of those 'necessary evil' services that we all agree to use because everyone else does, but nobody actually likes. While I realise the network effect is hard to break, I look forward to somebody finally disrupting it - even if it results in a slightly-less bad product.
I am really impressed by what the tailscale folks have been building. I use their product suite regularly and have nothing but good things to say about it. I will be tinkering with this mod as well starting next week ;)
Wow. I had the same issue in my previous apartment (where I was using the Marcus chair), but I could never figure it out. I just always assumed its a faulty monitor.
Regulated activity here refers to futures and options trading, which was indeed unavailable on Binance for UK residents for a while now. Spot trading is a different story.
I used to wonder this a lot as well. It struck me as odd that a crowd of people with whom I'd often share a lot of the same values and beliefs, would be pretty much point blank against a whole industry that I've been so heavily involved with for many years. On a few occasions, it even shook my confidence and made me wonder if I'm doing the right thing. If so many smart people are against crypto, am I the crazy one?
I have since learned to live with it. In the same way that I live with the fact that crypto is full of grifters, I've learned to live with the fact that majority of the world has a very narrow view of what the space is about. The only thing that I find unfortunate now-a-days is how quick people are to turn towards radical thoughts and approaches, without even considering that they might not know what they are talking about.
disappointed to see them still selling these with 8gb RAM. More than a dozen chrome tabs and a few discord servers has been enough to crash/significantly slow down my m1 mac mini
edit: the ad says up to 24/32GB of ram, but seems like 8gb/16gb models are the only ones available for pre-order at the moment.
Its a pretty big leap from "you cannot withdraw this particular stablecoin at the moment, use another one" to "you cannot withdraw your cash". Devil is in the details.