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    Cryptocurrency Monthly Skeptics Discussion - August 2020

    August 01, 2020

    Cryptocurrency Monthly Skeptics Discussion - August 2020

    Monthly Skeptics Discussion - August 2020

    Posted: 31 Jul 2020 05:14 PM PDT

    Welcome to the Monthly Skeptics Discussion thread. The goal of this thread is to promote critical discussion by challenging popular or conventional beliefs.

    This thread is scheduled to be reposted on the 1st of every month. Due to the 2 post sticky limit, this thread will not be permanently stickied like the Daily Discussion thread. It will often be taken down to make room for important announcements or news.

    Rules:

    • All sub rules apply here.
    • Discussion topics must be on topic, i.e. only related to skeptical or critical discussion about cryptocurrency. Markets or financial advice discussion, will most likely be removed and is better suited for the daily thread.
    • Promotional top-level comments will be removed. For example, giving the current composition of your portfolio or stating you sold X coin for Y coin(shilling), will promptly be removed.
    • Karma and age requirements are in full effect and may be increased if necessary.

    Guidelines:

    • Share any uncertainties, shortcomings, concerns, etc you have about crypto related projects.
    • Refer topics such as price, gossip, events, etc to the Daily Discussion.
    • Please report top-level promotional comments and/or shilling.

    Resources and Tools:

    • Read through the CryptoWikis Library for material to discuss and consider contributing to it if you're interested. r/CryptoWikis is the home subreddit for the CryptoWikis project. Its goal is to give an equal voice to supporting and opposing opinions on all crypto related projects. You can also try reading through the Critical Discussion search listing.
    • Consider changing your comment sorting around to find more critical discussion. Sorting by controversial might be a good choice.

    • Click the RES subscribe button below if you would like to be notified when comments are posted.

    To see prior Daily Discussions, click here.

    -

    Thank you in advance for your participation.

    submitted by /u/AutoModerator
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    Daily Discussion - August 1, 2020 (GMT+0)

    Posted: 31 Jul 2020 05:14 PM PDT

    Welcome to the Daily Discussion. Please read the disclaimer, guidelines, and rules before participating.

    Disclaimer:

    Though karma rules still apply, moderation is less stringent on this thread than on the rest of the sub. Therefore, consider all information posted here with several liberal heaps of salt, and always cross check any information you may read on this thread with known sources. Any trade information posted in this open thread may be highly misleading, and could be an attempt to manipulate new readers by known "pump and dump (PnD) groups" for their own profit. BEWARE of such practices and exercise utmost caution before acting on any trade tip mentioned here.

    Rules:

    • All sub rules apply in this thread. The prior exemption for karma and age requirements is no longer in effect.
    • Discussion topics must be related to cryptocurrency.
    • Comments will be sorted by newest first.

    To see prior Skeptics Discussions, click here.

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    The Past, Present and Future of wealth transfer.

    Posted: 31 Jul 2020 01:41 PM PDT

    11.5k Sellwall Destroyed

    Posted: 31 Jul 2020 10:51 PM PDT

    If you lost money on Bitcoin you either bought in the red or you didn't hodl.

    Posted: 01 Aug 2020 02:26 AM PDT

    Popular Crypto News Channel "Altcoin Daily" terminated by YouTube.

    Posted: 31 Jul 2020 01:57 PM PDT

    Cops Arrest 17-Year-Old Suspect in Massive Twitter Hack

    Posted: 31 Jul 2020 12:21 PM PDT

    Joe Rogan Recommends Buying Bitcoin With Cash App To 200M Followers At The Start Of Each Episode

    Posted: 31 Jul 2020 05:53 AM PDT

    Google are the ultimate scammers

    Posted: 31 Jul 2020 05:24 PM PDT

    Putin signs bill that will prohibit the use of cryptocurrencies for payment starting next year

    Posted: 31 Jul 2020 09:02 AM PDT

    Total Value Locked in DeFi Hits New ATH of $4B

    Posted: 01 Aug 2020 12:29 AM PDT

    I finally joined the hardware wallet club.

    Posted: 31 Jul 2020 12:43 PM PDT

    Ethereum on its way to $400 facing only one major resistance level at $366

    Posted: 31 Jul 2020 07:41 AM PDT

    Bill Gates: with private messaging we can’t “intervene” in removing conspiracies and “misinformation”

    Posted: 31 Jul 2020 09:23 PM PDT

    According to federal agents, Sheppard was found out partly because he used a personal driver’s license to verify himself with the Binance and Coinbase cryptocurrency exchanges, and his accounts were found to have sent and received some of the scammed bitcoin.

    Posted: 31 Jul 2020 07:33 PM PDT

    Who will you help and how will you help them when you reach your target price and cash out?

    Posted: 31 Jul 2020 11:18 PM PDT

    I know we all day dream about what to buy and do with our new future millions but who here will actually use some of it to help select family and friends?

    I for one want to set up my parents and siblings for success as well, share the wealth.

    submitted by /u/youni89
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    Tampa teen accused of being ‘mastermind’ behind Twitter hack that targeted high-profile accounts.

    Posted: 01 Aug 2020 12:13 AM PDT

    Twitter Hackers Caught Using BitPay and Coinbase on Hack-Related Wallet

    Posted: 31 Jul 2020 12:36 PM PDT

    How will transition to ETH2.0 happen and what are risks of ETH2.0?

    Posted: 01 Aug 2020 01:07 AM PDT

    1. Where can I read about biggest risks and problems with ETH2.0? I want to see potential problems before deciding to invest.
    2. Will ETH1.0 holders get ETH2.0 automatically in form of some airdrop? Or will it be a completely new blockchain and you will have to buy an ICO?
    submitted by /u/BackgammonMasters
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    UniSwap Heating up BIG TIME! Is this the end of IEOs? New DeFi Projects fundraising on Uniswap.

    Posted: 31 Jul 2020 01:05 PM PDT

    The Raiden team has submitted their proposal for a scaling solution for Reddit’s community points

    Posted: 31 Jul 2020 05:24 PM PDT

    Hodl :O

    Posted: 01 Aug 2020 04:19 AM PDT

    Ethereum Cracks $360 on Its Way to a New All-Time High

    Posted: 01 Aug 2020 03:32 AM PDT

    SCAM youtube Channel, 54K watching live, 2 million subscribers, up for 3 years how is this possible??

    Posted: 31 Jul 2020 09:22 PM PDT

    LTONetwork Integrating Chainlink Oracles to Bring Accreditation Data to Ethereum dApps

    Posted: 31 Jul 2020 01:27 PM PDT

    https://blog.ltonetwork.com/chainlink-oracles-b2b-accreditation-ethereum/

    Still trying to wrap my own head around this and some people might think "Oh look another integration with Chainlink, big whoop", but this seems to tackle one of the hurdles that institutional investors are facing when trying to enter the crypto space.

    LTO Network provides the structure for companies to prove and vet those employed in the company and what signing power they would have to make transactions/decisions. Combining SSL EV and associations (a particular transaction type on LTO Network) provides a verifiable record of ownership for any blockchain address. Not everyone would like to have their blockchain address KYC'ed of course but for businesses/enterprises looking to enter the blockchain space this would be essential so they actually can trust the other blockchain address that they are working with.

    This combined technology of LTO, Chainlink and *insert any blockchain* Ethereum will give dApp developers the tools to ensure full compliance with Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations when dealing with financial transactions on a public blockchain.

    This looks to be another step forward in the adoption process of blockchain throughout the world and I think that's pretty cool.

    submitted by /u/CryptoNarf
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