rosndo

46 ms·

481.
by rosndo 5y ago
As this video makes clear it is possible to relatively safely accept unconfirmed non-rbf transactions, but that requires you to take extra measures like waiting for a few seconds.
482.
by rosndo 5y ago
You’re absolutely right, I definitely abused “average” there. Really I meant the middle classes and up. I mean the places which matter, big cities like Moscow, St Petersburg, Rostov-on-Don. The Boratesque villagers won’t be the ones who mig
483.
by rosndo 5y ago
Putin can have painted himself into a corner without necessarily being a buffoon.
484.
by rosndo 5y ago
Iran, Venezuela and Cuba are and were shitholes compared to todays Russia. The immediate QoL impact on the average Russian will be far bigger than it was for the average citizens of those countries.
485.
by rosndo 5y ago
Odds are that Gabe doesn’t even actually know or remember the reason.
486.
by rosndo 5y ago
How does this clean the money? Now it’s just associated with the gambling addicts unless the drug dealer owns the betting shop himself.
487.
by rosndo 5y ago
My account is with first Ukrainian.
488.
by rosndo 5y ago
You can fairly reliably double spend regardless of replace-by-fee, you just need to coordinate which nodes you broadcast your transactions to.
489.
by rosndo 5y ago
This is the worst way imaginable to cash out dirty bitcoins. You can clean your cryptocurrency without paying Valve outrageous amounts for dirty fiat currency that you’ll just have to launder again.
490.
by rosndo 5y ago
Because it can’t hurt? There’s no added work unless people actually send you money.
491.
by rosndo 5y ago
I know this is about zero confirmation transactions because I know people who were deliberately double spending on Steam. > Zero-conf itself is fairly reliable, it certainly doesn't account for 50% transactions being fraudulent Of c
492.
by rosndo 5y ago
This only makes sense where “stolen money” is money that you don’t actually control, such as stolen credit cards where the transactions will inevitably be charged back. In that case it does make sense to buy and sell gift cards in order to
493.
by rosndo 5y ago
My Ukrainian bank card still works, but yesterday when I had to send a friend 40k UAH I had to split it into 8 transfers.
494.
by rosndo 5y ago
Yes.
495.
by rosndo 5y ago
It’s really not, the idea of laundering cryptocurrency through Steam is ludicrous. It works the other way around, people launder funds from steam into cryptocurrency. Either by buying items with stolen credit cards or by stealing steam ac
496.
by rosndo 5y ago
> Forgive my ignorance, but does, for example, ransomware payments in, for example, bitcoin make the bitcoin "dirty"? Yep, also links to darknet markets and any other “bad actors” whose addresses are known.
497.
by rosndo 5y ago
Literally nobody offers a service to check if specific coins were bought with a stolen credit card. I know what a chargeback is, and those are utterly irrelevant here.
498.
by rosndo 5y ago
So what? That’s completely unfounded speculation by those commenters supported neither by the article nor the actual facts.
499.
by rosndo 5y ago
I’m not taking anything personally, just calling him out on his strawman.
500.
by rosndo 5y ago
The basic misunderstanding is on your part. “Money laundering” wasn’t mentioned by anyone but you. Stop inventing things. This is about valve getting fucked because they were accepting bitcoin payments with zero confirmations.
501.
by rosndo 5y ago
This does precisely nothing to “clean” the money as it doesn’t eliminate the direct link between you and the dirty bitcoins.
502.
by rosndo 5y ago
This is absolutely not what happened. Why come up with such crazy theories when this just comes down to double spends of unconfirmed transactions?
503.
by rosndo 5y ago
No.
504.
by rosndo 5y ago
Your bank will probably be the first one to ask, lying is a felony. (As is money laundering, of course) Also Valve will be looking for this too, as required by their bank. This is an incredibly unrealistic money laundering scheme, entirely
505.
by rosndo 5y ago
A pyrrhic victory if any, even today Kremlin hardly controls Chechnya.
506.
by rosndo 5y ago
“prevailed”
507.
by rosndo 5y ago
It doesn’t get around any regulations. It still makes sense for Ukrainians to solicit cryptocurrency donations even if there is no regulatory reason to do so.
508.
by rosndo 5y ago
They can sell on coinbase? Fuck, Kyiv is full of cash exchangers doing millions of USD daily volumes (in USD, not Hryvna).
509.
by rosndo 5y ago
> Indirectly, yes: They can force every bank holding USD balances for embargoed beneficiaries to freeze these assets. Failing to comply could, in the absolute worst case, lead to that bank's Fed accounts being frozen as well (which
510.
by rosndo 5y ago
> For one, Putin seems to want to reassemble the USSR as a vanity project Putin has almost exclusively bad things to say about the USSR, it is the Russian Empire he wants to restore.

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