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Peter Todd on Bitcoin's and Monero's Security Risks





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22 Comentários

  1. Bitcoin is boring and useless. Might as well own gold and watch it sit there do nothing years on end. Once the hype is gone, bitcoin is dead.

  2. Well detailed and informative video update 💕💕 I strongly believe that BTC is the future of crypto and the questions traders ask themselves now is if this is right time to invest? before jumping into conclusion i think you should take a look at things first. for the past few months the price of BTC has been mooning which means the market is bullishly stable and you can’t tell by looking at price actions or the charts. While others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals. i would say trading has been going smoothly for me after accumulating over 6.7BTC in just three weeks, with the trading strategy introduced to me by David Tyler. His methods are top notch and profitable. However, David can be reach via Whatspp +19133864115 and Telegram @TylerDavid09 He is always ready and willing to provide guide and signals, don't miss this opportunity

  3. There is one simple problem with Peter logic here. And that is Governments are never logical. And always will go for full transparency from people to tax everything they can.
    So expecting the governments just to audit people only occasionally only when needed. Is logical, but not for gov.'s . I guess Peter Todd never heard of this nex tax concept being now applied in California, tax on "unrealized gains".

  4. Hey Doug ,when Petey said that any idiot could analyze
    the bitcoin blockchain and that was a strength rather than a weakness
    why didn't you call him on that BS !!

  5. intresting and realistic guest ,i like his realism. now for the bitcoin idiot crowd ,listen to this guy saying that bitcoin needs inflation later on by at least 0.1% to keep functioning. don't listen to bitcoin maxi's marketing 21m cap scam

  6. Fun fact. You can also do a proof of existence on the Monero blockchain. You use the sha256 of any document as entropy for creating a key. Send one piconero to that address. done.

  7. Pretty smart guest you invited there. He is wrong about the second layer assumption – but ok. He might still be in that winner takes it all – world dominating crypto currency – mind set. Just imagine the discussion the other way round. Monero the top dog and Bitcoin with the argument of transparency.

    EDIT: Very good interview. thx.

  8. Why do I feel that precious metal miners don't have to pay taxes as soon as the gold/silver is refined… we must pay off the regulators too lol

  9. I think Monero should make 2 Second layers (A and B) one full open and cheap and really fast, second with some privacy (when first second layer and main chain is full), but if you need full privacy on main chain.

  10. mining without transactions have no sense. Crypto without transactions will have 0$ price, pools can't send crypto to miners, only solo mining without possibility to sell.
    that means mining will continue somewhere where is no regulations, and where you can't add transactions mining don't happend. (in between situation will make more network more full because some of blocks are empty).
    Monero is more likely to don't have huge mining farms (RandomX) with you can't easier control.
    I have hope that RandomX will have sense of mining on average personal computer in next decade (like now ETH there are ASICs but GPU still have sense)

  11. Well, I been a bitcoin maximalist for the last 6 years. And I just started looking into Monero a few months ago.
    I like a lot of things about Monero. However, one thing I don't like: transaction size.
    A 1 mb Monero block can only contain 20% of the transactions a 1mb Bitcoin block can process.
    This tells me Monero transactions are very large. Any chances transaction size will ever decrease?

  12. Doug needs to read up on RandomX.. the algo is designed to use bandwidth, memory, caches, floating point math, etc.. all that, from what I understand, but yes, an ASIC could be made.

    As far as the dynamic block size argument, I don't understand at all what he thinks the problem is other than more failure modes.

  13. Ain't that the guy that got paid off by self professed gov agent – John Dillion – to cripple BTC with RBF??? Yup! That's the guy!