I do NOT mind the government knowing I bought bitcoins right now. I DO mind a hackable exchange having a copy of my SSN, photo of my drivers license, and a selfie (Circle's requirement) for a small <$500 weekly purchase. How the hell do I address this outside of Localbits?
I was purchasing bitcoins on Circle for months with an unverified account (a small weekly purchase limit). Loving bitcoin, and getting multiple friends into the ecosystem. Circle recently put a new requirement on accounts needing my SSN (slightly understandable), a copy of my driver's license, and a selfie. With those 3 documents, if Circle EVER gets hacked, my digital identity will never be safe. I can't bring bitcoin to my friends saying: "and upload your divers license here for your first $100 purchase".
Just found out my old switch is probably hackable can I get Bitcoin?
Got my switch for Christmas in 2017 so I learned there is a hardware exploit to hack the switch. I want instructions for how to hack a bunch of Bitcoin onto my switch because bitcoin is worth a lot of money and I want to use the Bitcoin to buy a big house, and maybe even another Switch with the better battery. If I have any Bitcoin left over I will buy a hacked copy of Celeste for my Bitcoin switch and a regular copy of Celeste on my professional Switch so I can play multiplayer online still. Bitcoin is worth about $10,000 now so I only need like a hundred or so of them. But there's millions of bitcoins out there and no other hackable switches so I don't think this will be a problem. My only question is is Celeste worth it? And if I have Bitcoin Celeste and Normal Celeste can I sync the saves to the cloud so I don't have to play any levels more than once between the two theoretical switch versions? I heard it's a good game so I'm sure they thought about this. I just don't really like platformers or hard puzzles or video games. But I keep dreaming about playing Celeste in my big house thanks to hackers and Nintendo providing me with the exploit and all the Bitcoin I need to do it. Thanks for your help!
Bitcoin / Blockchain hackable by quantum computing?
I actually have no idea if this could be a thing. But the whole idea of blockchain is, that 50,1% of all nodes agree on its content. What if in 5-10 years 1 or 2 quantum computers have enough power to be that 50,1% and thus compromise the whole blockchain? If there exist some articles about this, I would be curious to know more.
Why is online bank unhackable but bitcoin exchanges so hackable?
You never hear a online banking being hacked, HSBC customers losing all their funds overnight due to a hack.. this is unheard of, never in history has this happened. But bitcoin exchanges cant protect themselves from hacks at all.
Bitcoin was launched in 2009 as a decentralized digital currency, meaning that it would not be overseen or regulated by any one administrator, like a government or bank. Although Bitcoin is un-hackable, it is a different story for people who possess and use Bitcoin in daily transactions they make. Trading Platforms. Cybercriminals can hack trading platforms. From the trading platforms, hackers can get API (Application Programming Interface) keys. This becomes one gateway into the system. These keys can be used ... Is Bitcoin Hackable? September 04, 2020. With the growing popularity of Bitcoin, the concerns revolving around it are increasing, too. Especially with it being technology-based, there is the question of whether it can be hacked or not. There are a lot of technology systems being hacked these days, and thus, you would want to be more secure while choosing anything that has to do with technology ... A lesson from the Fundamentals of Bitcoin and the Blockchain course from SenexPay.com Is blockchain hackable ? Blockchain is hackable but it’s often an expensive and time-consuming process. A blockchain can be hacked via three main avenues: on protocol, in exchanges and via people’s wallets through phishing and other classic online scams. By Matt Hussey. 4 min read. Jan 16, 2019 Oct 21, 2019. The news is filled with stories of people having their crypto stolen. Is that ...
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