My Actifit Report Card: February 13 2019 and news

in #actifit5 years ago (edited)

It was very slushy still today and I really didn’t feel like walking to far but Dog-oh talked me into taking him down to the park. I spent the day just pacing around and cleaning to get the rest of the steps.

The weather looks like it will be better for the next few days but more snow is possibly in the forecast.

Crypto News

I heard today that Cryptopia has had the investigation finished and should be able to open up any time if they want. Nothing was really said about details of what happened, like how much was lost or recovered.

I don’t think anyone really expects them to open back up, at least I don’t anyway. Not that I’m complaining; it would be great if they opened up again.

For more details see: New Zealand Police Say Cryptopia Is Ready to Resume Trading, but Platform Remains Offline

I’m dusting off the old Antminers and seeing if I can get some code to compile so I can do some experimental stuff with them. I’d taken these off-line a long time ago but there are a few things now that seem promising to do with them.

I’ll bet these will make a nice conversation item at some future point. They do make for an interesting picture at least:

antminer.jpg
The Antminer – click for viewing full screen

The SEC seems to be wanting to crack down on decentralized exchanges. That doesn’t bode too well. If I were them I would take the opposite stance and encourage innovation. Decentralized Exchanges Under Fire: SEC Strikes Again

Nova Exchange doesn’t even want to deal with customers from the USA because of overly restrictive regulations. Oh come now what’s the worst that can happen? Wind up in Supermax with El Chapo the next cell over? ‘El Chapo’ likely to join some of nation’s most notorious criminals in Colorado's ‘Supermax’ Oh come now guys at Nova Exchange - have a little fortitude, tax laws aren’t that bad in the USA, lol. (Just kidding around as usual)

Opinion – Why harsh economic controls don’t work well

I think the SEC is overly concerned with regulatory action mostly to impose economic sanctions on countries. I personally don’t believe that economic sanctions on countries are a good idea.

Historically economic sanctions against Japan and reparations against Germany were some of the main causes for the conflict of World War 2.

Sanctions against countries tend to do more harm to the citizens at the lower end of economic spectrum and don’t harm the leaders or rich people of the country as much. Poor, desperate people are easier to control and more likely to go to war against people they feel have caused their problems, imho.

Heavy duty anti-money laundering laws for crypto won’t really stop large organized crime from using cash or other means to move their money. Outlawing cash (or crypto) is big civil liberties problem and could allow the government and banking industry complete control of the population.

Requiring personal identity in order to trade crypto puts individual investors at risk from potentially bad acting wealthy institutions. It is bad enough if these institutions give out your e-mail address, loss of delicate personal identification with your real address and picture, would be worse. Many of these centralized exchanges can’t even protect their own private keys, how do we know they can protect our identities? With crypto your the bank but you don’t necessarily have the means to protect that bank in the way a large rich institution would.

In any case, many of these issues would not be so serious if there were less of a rift between the wealth of the very rich and the extremely poor – that goes for people as well as countries.


Thanks for reading! I always value your support and comments. The pictures were taken by me with my Galaxy S9+. Text and graphics copyright 2/13/2019 lightsplasher & litesplasher.




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House Chores, Walking

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Yes everything is puddles and mud here. Worst part is the snow melts but then refreezes when the sun goes down and things become super slick!

Hope your Valentines was good.

That very useful article and valuable. so great work. thanks for sharing.
@lightsplasher
have a nice day

Good post. I also think that cryptography will no longer work, and all this investigation is for consolation only.

Thanks for the info. I didn’t know that cryptomania is investigating and hoping for something else. Although it’s probably useless

Excellent review @lightsplasher and I think that the Cryptopia will now not be easy to regain the trust of people!

Oh yes @lightsplasher, interesting news and you are right, tight control over the crypto not lead to anything good!

It will be interesting to see crypto pia reopen their platform again for trading, it will help to build back investors confidence and the market will be positive again. And for the sec I do believe they are just fighting a lost cause because decentralize exchange is for the future because it makes our funds to be safe from hackers

Agreed. Also if hackers take from individuals it is really not such a nice thing to do (especially if it is from me. LOL, just kidding, it does bother me if they take from anyone.) Decentralized exchanges have a lot of good points to them and I think the governments will eventually think so.

great work.
i have to learn a lot from you @lightsplasher

great job, i like cryptocurency, good luck always at work.

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