Why This Andreas Antonopoulos Talk Should Go Down as 2019’s ‘State of the Crypto Industry’ Address

In this concise overview of the cryptocurrency industry’s strengths, weaknesses, opportunities, and threats, renowned crypto expert Andreas Antonopoulos explains what’s going on the world that makes Bitcoin such a relevant and powerful force. The State of the Crypto Industry in 2019 The most important feature of Bitcoin is its neutrality, and the rest of the great things are derived from that. That neutrality is not a lack of principles. Neutrality is a principle itself. That neutrality is resistance to over-centralization of arbitrary power in institutional hierarchies by creating a preferable substitute for whatever utility those provide. But a preferable substitute

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News – CCN

Jordan Peterson is standing on the edge of the #Bitcoin rabbit hole: – He has boycotted Patreon. – He is starting a new platform that will compete with Patreon. – He recently posted a bitcoin address on his website. – His bitcoin address has received $800 in donations in less then a week.

Jordan Peterson is standing on the edge of the #Bitcoin rabbit hole: - He has boycotted Patreon. - He is starting a new platform that will compete with Patreon. - He recently posted a bitcoin address on his website. - His bitcoin address has received $  800 in donations in less then a week. submitted by /u/ABrandsen
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Bitcoin – The Currency of the Internet

Satoshi Nakamoto built in defenses against quantum computing attacks – If you use one Bitcoin address one time, then your ECDSA public key is only ever revealed at the one time that you spend bitcoins sent to each address. A quantum computer would need to be to break your key in that short time.

submitted by /u/crazyeyes420
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Bitcoin – The Currency of the Internet

Story: A Coinbase user accidentally sends bitcoin to a litecoin address. Coinbase support claims it’s not recoverable. Someone on Twitter helps the user recover the funds successfully.

Just listened to the story on the recent Blockdigest episode. The TL;DR is in the title.

It's of course the mistake of the user to not being careful enough, but also negligence on part of Coinbase not to have any sort of warning or restrictions in place for sending bitcoin to a litecoin address (which seems like an easy and reasonable thing to implement).

But particularly negligent is to claim that the funds are not recoverable anymore, which is simply not true, and luckily, another Twitter user was able to help recover the funds successfully (worth around $ 2.5k). So the Coinbase support was simply either incompetent or just lazy or lying, which is all equally concerning, as such cases are likely not very rare with all the newbies coming into the space and Coinbase is one of the biggest fiat on-ramps into bitcoin.

Timestamp to the story (as told by @brian_trollz, the person helping with the recovery): https://youtu.be/cvbm0YlKV04?t=3211

Link to the original Twitter thread: https://twitter.com/djjindra/status/1073096138893385728

And the follow up by @brian_trollz: https://twitter.com/brian_trollz/status/1073241960528429056

submitted by /u/TheGreatMuffin
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Bitcoin – The Currency of the Internet