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The largest unknown Bitcoin wallet moved nearly $1B for $0.48 in fees

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321–330 of 369 posts

Re: The largest unknown Bitcoin wallet moved nearly $1B for $0.48 in fees

#321
post #318

Earlier quoted context omitted.

If I had a shop and everyone that robs me has a hoody I would damn well point it out and ban them. That doesn't mean every person with a hoody wil rob me but it's a very effective and filter. It's not emotionally charged it's completely logical.

Either the problem is with the analogy and you're taking it too literally, or your reasoning is severely distorted and leads into very dark, hellish places. People can decide not to wear hoodies anymore. Chinese people cannot choose to just not be Chinese anymore, nor should they have to.

You ban the ip block that is the problem. If American hackers are using ips based in China they get blocked.

If anyone living in China doesn't like that they have the power through the government to regulate that traffic.

People can decide in China too.

Re: The largest unknown Bitcoin wallet moved nearly $1B for $0.48 in fees

#322
post #36

Earlier quoted context omitted.

Are you really going to try to argue that you are less likely to get scammed or hacked with Bitcoin than with a traditional bank?

No, his point seems to be that bitcoin can be transferred without the approval or moral judgement imposed by a third party (e.g. bank). Try sending $1B around the world to your Nigerian uncle and seeing what happens.

>Try sending $1B around the world to your Nigerian uncle and seeing what happens.

I'm sad that I have to inform you that the emails you've been getting aren't actually real

Re: The largest unknown Bitcoin wallet moved nearly $1B for $0.48 in fees

#323

Earlier quoted context omitted.

> This isn't really true on it's own How is this not true? Genuinely curious. > In an America where rural Asian-ethnicity people are facing discrimination because of covid being called "Chinese Virus…" That's because of the specific context of who is saying "Chinese Virus," who their audience is, and why they're saying it. This context is different. Nobody on Hacker News who encounters the phrase "Chinese hacker" is…

> How is this not true? Genuinely curious. I'd delve deeper beyond my comment because there's a lot of reasons I'm not the greatest source, not the least of which I'm just some white american dude with a comically terrible grasp of ONE dialect/language of Chinese and a wikipedia sourced knowledge of Chinese history. Here's my understanding: Chinese can refer to many things that have their origin in what we call Mainl…

Better censorship is what you are after? A website to censor things along the lines of how you think? A website that will protect you from racists? I heard reddit is trying really hard these days to be the censorship hot spot perhaps take a look.

The original point was Chinese are not a race they are a nationality.

You both are wrong.

Chinese are not a race. Chinese are not a nationality.

The Han Chinese are a nationality. China is made up of many nationalities.

The important story now is the government of China is forcing birth control on a minority population called the Uighurs.

https://www.google.com/amp/s/www.bbc.com/news/amp/world-asia...

Save your outrage for something meanful. Real minority populations are being oppressed and your worried about your fellow Americans insulting them more by blocking ip ranges that China owns that military style hacking is coming from? If that's the case I would suggest you care more about trying to make yourself look a certain way (by putting other Americans in their place) than helping minority populations in great need. The next generation is watching, they will demand real action vs virtual signaling.

Re: The largest unknown Bitcoin wallet moved nearly $1B for $0.48 in fees

#324
post #290

Earlier quoted context omitted.

Canadian banks are stabler because of the cost and missed opportunity costs are passed on to the customer. Want a mortgage at the current rate? Great you must qualify at 2% points higher. Canada has some of the highest banking fees.

As far as I know, no Canadian banks also operate stables. Perhaps in Alberta.

As far as I know no Canadian bank operates on sick patients horse or human either.

English has so many words that depend on context. Polish? An act or cleaning or a people..

Context matters...

Re: The largest unknown Bitcoin wallet moved nearly $1B for $0.48 in fees

#325
post #188
post #182

Earlier quoted context omitted.

Who cares? It could be anything. Random descriptions add flavor. Bitcoin is also popular in China anyway.

As a Chinese, I care.

Would you have cared if they said "Russian hacker"?

Re: The largest unknown Bitcoin wallet moved nearly $1B for $0.48 in fees

#326
post #323

Earlier quoted context omitted.

> How is this not true? Genuinely curious. I'd delve deeper beyond my comment because there's a lot of reasons I'm not the greatest source, not the least of which I'm just some white american dude with a comically terrible grasp of ONE dialect/language of Chinese and a wikipedia sourced knowledge of Chinese history. Here's my understanding: Chinese can refer to many things that have their origin in what we call Mainl…

Better censorship is what you are after? A website to censor things along the lines of how you think? A website that will protect you from racists? I heard reddit is trying really hard these days to be the censorship hot spot perhaps take a look. The original point was Chinese are not a race they are a nationality. You both are wrong. Chinese are not a race. Chinese are not a nationality. The Han Chinese are a nation…

> Better censorship is what you are after? A website to censor things along the lines of how you think? A website that will protect you from racists?

Deplatforming racists isn't censorship.

> Save your outrage for something meanful.

Big words coming from someone that didn't mention that Black Lives Matter even once in their comment, and also didn't do anything to bring more attention to North Korean concentration camps, and hasn't even provided a donation link to an African farming initiative. See where I'm going with this?

> Real minority populations are being oppressed

Like ethnically Chinese people in the USA, or really just Asian people in American in general that get lumped under a random Chinese umbrella, for example?

> they will demand real action vs virtual signaling.

What's your point? What is anybody on this website doing besides "virtue signalling?" We're talking. That involves our virtues being put on display. Despite what conservative detractors might think, saying "you're virtue signalling" doesn't automatically win a debate any more than calling someone an SJW does. Yup, I have virtues, yup, I'm telling you what they are. Yup, I like social justice. You don't?

Re: The largest unknown Bitcoin wallet moved nearly $1B for $0.48 in fees

#327
post #324

Earlier quoted context omitted.

As far as I know, no Canadian banks also operate stables. Perhaps in Alberta.

As far as I know no Canadian bank operates on sick patients horse or human either. English has so many words that depend on context. Polish? An act or cleaning or a people.. Context matters...

'Stabler' only has one meaning. Also my reply had about as much to do with your comment as yours did mine.

Re: The largest unknown Bitcoin wallet moved nearly $1B for $0.48 in fees

#328

Earlier quoted context omitted.

If you wire the money to the wrong account? No, you're SOL unless the receiving bank and receiving account decides to reverse the transaction, which is fairly rare.

I've had people send me $ to the wrong account, and it gets rejected by the receiving bank, I believe because the name / information doesn't match what's listed on the receiving bank.

> I believe because the name / information doesn't match what's listed on the receiving bank. reply

In India and Australia, the banks just use the account number not the name. If you screw that up its completely your fault. The bank might help but its not obligated to do so since you accepted these terms and conditions.

Re: The largest unknown Bitcoin wallet moved nearly $1B for $0.48 in fees

#329

Earlier quoted context omitted.

Change your statement to read “black” instead of Chinese and see if you still think it’s OK. The crime is hacking, and your attempts to “expose” Chinese hackers is more like an agenda to prejudice Chinese even if statistically many Chinese-originated traffic is attempting to hack you. In the chance that the hacking is actually caused by American hackers routing their traffic through China, then what purpose does your…

The implication isn't that being Chinese makes one likely to be a hacker. It's the other way around. It's that being a hacker makes it unusually likely that you're Chinese (or Russian). Similarly, being a Nigerian doesn't make you an email scammer, but being an email scammer makes you unusually likely to be Nigerian. Being a drug lord makes you unusually likely to be Mexican. These are archetypes, i.e. popularly asso…

Yes but I also gave a pretty likely hypothesis as to why the hackers appear Chinese. The OP is claiming DDoS attacks which are likely from compromised machines.

So if that is true then the viewpoint of blaming it on Chinese becomes nonsensical and also wrong. So given that there is reasonable doubt, is it right to attribute this "being a hacker" to having anything to do with being Chinese in any way?

Re: The largest unknown Bitcoin wallet moved nearly $1B for $0.48 in fees

#330
post #51
post #39

Unpopular opinion: why do we care so much about making it cheaper for rich people to move money around? Do we think somehow that will “trickle down” to us mere mortals and put western union and their ilk out of business?

because the poor people can't move $10 around without paying $3 for it. Have you ever tried moving small amounts of money in poor countries ?

Not really sure which poor countries you are talking about but in India the smaller the amount, the cheaper it is to transfer. 100k INR is where transaction costs usually creep in.
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