10 Reasons Why Bitcoin Will Fail - Listverse

Introducing Dark.fail's new PGP verification tool. Always verify Bitcoin and .onion addresses before interacting with them.

submitted by DarkDotFail to onions [link] [comments]

Introducing Dark.fail's new PGP verification tool. Always verify Bitcoin and .onion addresses before interacting with them.

submitted by DarkDotFail to DarkDotFail [link] [comments]

"Negotiations have failed. BS/Core will *never* HF - except to fire the miners and create an altcoin. Malleability & quadratic verification time *should* be fixed - but not via SWSF political/economic trojan horse. CHANGES TO BITCOIN ECONOMICS MUST BE THRU FULL NODE REFERENDUM OF A HF." ~ u/TunaMelt

This comment from u/TunaMelt is amazing - it summarizes all the major technical / economic / political battles re: Core/Blockstream vs miners, SegWit vs BU, and soft forks vs hard forks, in just 4 paragraphs.
(I added some search links, for people who might want more background.)
https://np.reddit.com/btc/comments/5e1khh/idea_bu_should_include_a_togglable_segwit2mb/da967xk/
BS/Core has no intention of ever HF’ing (unless it’s to throw a tantrum while “firing” the miners and creating their very own altcoin). Their mouthpieces parrot the siren song, “Segwit, Schnorr, MAST, EXT blocks”, all by soft fork. Each intentionally benefiting signature heavy multi-sig and LN tx more than regular P2P BTC tx. Each intentionally subverting the explicit (via upgrade) consent of dissenting nodes and users.
At this point, with the moves they’ve made in the game, one can’t help but see them trying to neuter PoW miners (responsible only for transaction ordering, lol), with cleverly crafted code, intense professional PR, and warm’n’fuzzy platitudes about “centralization” (cough, LN providers).
This is not to say that malleability and quadratic verification time shouldn’t be corrected, just that they are not acceptable in political/economic trojan horse form that is embodied in the current SFSW code. Any changes to the root economics of Bitcoin should be accompanied by the full node referendum that a proper HF would provide.
It’s unfortunate, and maybe they will recalculate after the failure of SWSF, but the time for assuming good faith among the Core decision makers has passed. The game is now measured in petahashes ... and sheer force of will, under the intense gaze of Ms. Market.
submitted by ydtm to btc [link] [comments]

Trying to use the Bitcoin Atm? Failed verification with social

I saw one of the atm's and tried to buy some bitcoins, put in my ID then it said we'll send you a text
wait and the message i got was
Reason: need correct social security

how do I fix this?
submitted by treebreathe to Bitcoin [link] [comments]

01-16 16:23 - 'Coinbase verification failed. Keeps saying "does not match our records". Coinbase has not responded to calls, emails or social media. Where do I go from here?' (self.Bitcoin) by /u/Pm-me-gift-cardz removed from /r/Bitcoin within 13-23min

'''
I am trying to link my bank account for easier withdrawals and larger deposits. Any tips?
'''
Coinbase verification failed. Keeps saying "does not match our records". Coinbase has not responded to calls, emails or social media. Where do I go from here?
Go1dfish undelete link
unreddit undelete link
Author: Pm-me-gift-cardz
submitted by removalbot to removalbot [link] [comments]

Can't withdraw bitcoin or lend it. Logon Shield Verification fails. No help for a week.

Tickets S3236941619, S5054518467, S2530094312.
I was able to deposit bitcoin a week ago, but without the Logon Shield verification working I can't withdraw it or lend it.
I need support to help me with my account.
submitted by Linkia to Bitconnect [link] [comments]

Coinbase verification failed. Keeps saying "does not match our records". Coinbase has not responded to calls, emails or social media. Where do I go from here? /r/Bitcoin

Coinbase verification failed. Keeps saying submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Coinbase/GDAX verification failed [Canada] /r/Bitcoin

Coinbase/GDAX verification failed [Canada] /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

[uncensored-r/Bitcoin] Coinbase verification failed. Keeps saying "does not match our records". Coinbase has not respond...

The following post by Pm-me-gift-cardz is being replicated because the post has been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7qt8o3
The original post's content was as follows:
I am trying to link my bank account for easier withdrawals and larger deposits. Any tips?
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

LocalBitcoins ID verification failed. Now what? /r/Bitcoin

LocalBitcoins ID verification failed. Now what? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Coinbase & GDAX Verification Keep Failing /r/Bitcoin

Coinbase & GDAX Verification Keep Failing /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

GDAX Id verification failing...one week now /r/Bitcoin

GDAX Id verification failing...one week now /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

ID verification fail on Coinbase, new phone number and now I can't seem to upload ID to Coinbase...Help? /r/Bitcoin

ID verification fail on Coinbase, new phone number and now I can't seem to upload ID to Coinbase...Help? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

[uncensored-r/Bitcoin] ID verification fail on Coinbase, new phone number and now I can't seem to upload ID to Coinbase....

The following post by BEARPUNSS is being replicated because the post has been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7gcfb1
The original post's content was as follows:
https://i.redd.it/n50p9futaw001.png
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

GDAX webcam verification fail /r/Bitcoin

GDAX webcam verification fail /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Coinbase Identity verification failing /r/Bitcoin

Coinbase Identity verification failing /Bitcoin submitted by coincrazyy to BitcoinAll [link] [comments]

What is unique about Cardano?

I just watched this not so positive video about Cardano and now I am posting it here so he probably achieves his goal of getting more views by talking shit about a project. But I am wondering. What do you think is the unique value proposition of Cardano?
It is not interoperability. We have that with Cosmos and Polkadot. Kardiachain for interoperability between very different blockchains. What does Cardano have? Collaboration with Litecoin. Laughable because Litecoin is obviously garbage. Atala has been mentioned but is there any details about what that is? Is there a product?
It is not scaling: Solana, Algorand, Elrond and others scale very well. So nothing unique here about Cardano. Cardano will be using an offchain scaling solution called Hydra. So kinda like the lightning network. Does that mean they failed with onchain scaling? Were they not able to get much above 1000 tps?
Some people tend to focus on the peer review stuff, but in the long run that should probably not matter when the software has been battle tested with no known bugs for years. Like who cares about Bitcoin not being peer reviewed before launching? Nobody.
So what do you think is so great and unique about Cardano? I am a huge fan of Cardano because I see it as a project that combines some of the best things from Bitcoin and Ethereum. Max supply and smart contracts plus proof of stake instead of proof of work. But the same can be said about other blockchains.
I vehemently disagree with that dude/Molten Tar Monster number 2 in the video, but could we maybe try to make a list of things that are unique to Cardano? Not how it is created like peer review and stuff like that but the product itself. What does Cardano have that does not exist anywhere else?
https://www.youtube.com/watch?v=88X6Ubc1lE4&lc=Ugz1SYqLMiIpxmLC7014AaABAg.9EqlQc4e4vd9ErHKiXwN6B
I will start. Formal verification. I think Tezos might also have that but in another language.
submitted by Serenity1801 to cardano [link] [comments]

Gridcoin 5.0.0.0-Mandatory "Fern" Release

https://github.com/gridcoin-community/Gridcoin-Research/releases/tag/5.0.0.0
Finally! After over ten months of development and testing, "Fern" has arrived! This is a whopper. 240 pull requests merged. Essentially a complete rewrite that was started with the scraper (the "neural net" rewrite) in "Denise" has now been completed. Practically the ENTIRE Gridcoin specific codebase resting on top of the vanilla Bitcoin/Peercoin/Blackcoin vanilla PoS code has been rewritten. This removes the team requirement at last (see below), although there are many other important improvements besides that.
Fern was a monumental undertaking. We had to encode all of the old rules active for the v10 block protocol in new code and ensure that the new code was 100% compatible. This had to be done in such a way as to clear out all of the old spaghetti and ring-fence it with tightly controlled class implementations. We then wrote an entirely new, simplified ruleset for research rewards and reengineered contracts (which includes beacon management, polls, and voting) using properly classed code. The fundamentals of Gridcoin with this release are now on a very sound and maintainable footing, and the developers believe the codebase as updated here will serve as the fundamental basis for Gridcoin's future roadmap.
We have been testing this for MONTHS on testnet in various stages. The v10 (legacy) compatibility code has been running on testnet continuously as it was developed to ensure compatibility with existing nodes. During the last few months, we have done two private testnet forks and then the full public testnet testing for v11 code (the new protocol which is what Fern implements). The developers have also been running non-staking "sentinel" nodes on mainnet with this code to verify that the consensus rules are problem-free for the legacy compatibility code on the broader mainnet. We believe this amount of testing is going to result in a smooth rollout.
Given the amount of changes in Fern, I am presenting TWO changelogs below. One is high level, which summarizes the most significant changes in the protocol. The second changelog is the detailed one in the usual format, and gives you an inkling of the size of this release.

Highlights

Protocol

Note that the protocol changes will not become active until we cross the hard-fork transition height to v11, which has been set at 2053000. Given current average block spacing, this should happen around October 4, about one month from now.
Note that to get all of the beacons in the network on the new protocol, we are requiring ALL beacons to be validated. A two week (14 day) grace period is provided by the code, starting at the time of the transition height, for people currently holding a beacon to validate the beacon and prevent it from expiring. That means that EVERY CRUNCHER must advertise and validate their beacon AFTER the v11 transition (around Oct 4th) and BEFORE October 18th (or more precisely, 14 days from the actual date of the v11 transition). If you do not advertise and validate your beacon by this time, your beacon will expire and you will stop earning research rewards until you advertise and validate a new beacon. This process has been made much easier by a brand new beacon "wizard" that helps manage beacon advertisements and renewals. Once a beacon has been validated and is a v11 protocol beacon, the normal 180 day expiration rules apply. Note, however, that the 180 day expiration on research rewards has been removed with the Fern update. This means that while your beacon might expire after 180 days, your earned research rewards will be retained and can be claimed by advertising a beacon with the same CPID and going through the validation process again. In other words, you do not lose any earned research rewards if you do not stake a block within 180 days and keep your beacon up-to-date.
The transition height is also when the team requirement will be relaxed for the network.

GUI

Besides the beacon wizard, there are a number of improvements to the GUI, including new UI transaction types (and icons) for staking the superblock, sidestake sends, beacon advertisement, voting, poll creation, and transactions with a message. The main screen has been revamped with a better summary section, and better status icons. Several changes under the hood have improved GUI performance. And finally, the diagnostics have been revamped.

Blockchain

The wallet sync speed has been DRASTICALLY improved. A decent machine with a good network connection should be able to sync the entire mainnet blockchain in less than 4 hours. A fast machine with a really fast network connection and a good SSD can do it in about 2.5 hours. One of our goals was to reduce or eliminate the reliance on snapshots for mainnet, and I think we have accomplished that goal with the new sync speed. We have also streamlined the in-memory structures for the blockchain which shaves some memory use.
There are so many goodies here it is hard to summarize them all.
I would like to thank all of the contributors to this release, but especially thank @cyrossignol, whose incredible contributions formed the backbone of this release. I would also like to pay special thanks to @barton2526, @caraka, and @Quezacoatl1, who tirelessly helped during the testing and polishing phase on testnet with testing and repeated builds for all architectures.
The developers are proud to present this release to the community and we believe this represents the starting point for a true renaissance for Gridcoin!

Summary Changelog

Accrual

Changed

Most significantly, nodes calculate research rewards directly from the magnitudes in EACH superblock between stakes instead of using a two- or three- point average based on a CPID's current magnitude and the magnitude for the CPID when it last staked. For those long-timers in the community, this has been referred to as "Superblock Windows," and was first done in proof-of-concept form by @denravonska.

Removed

Beacons

Added

Changed

Removed

Unaltered

As a reminder:

Superblocks

Added

Changed

Removed

Voting

Added

Changed

Removed

Detailed Changelog

[5.0.0.0] 2020-09-03, mandatory, "Fern"

Added

Changed

Removed

Fixed

submitted by jamescowens to gridcoin [link] [comments]

CashApp is holding my BTC hostage!! Help!?

So I've had a CashApp account for forever. Works great, no problems. But THEN I decide ( like a dumbass) that hey, CashApp does Bitcoin too!? Huh well why don't I buy some BTC from the app instead of all the reg places I have purchased from b4 & know & trust. Yeah...
So I buy the BTC it goes thru and now Cash App is asking me to go thru verification to be able to use or withdraw my BTC (even tho I already have a cashapp card so I'm already verified w/my ID, personal info etc). I do the verification & it does not go thru!?
So I email support and they basically say "I'm sorry your verification did'nt work, can I do anything else to help? Have a nice day!" Without explaining WHY there's an issue w/ my verification OR telling me how to fix the issue!! So I email back and let them know that I need to get this resolved and can they pls help & no response!!
TDLR: Have had the app & a CashApp debit card for yrs, already verifed all my personal info with them to get that but when I buy BTC from them their verification that would let me DO ANYTHING WITH THAT BTC FAILED... and they refuse to help me!
submitted by princess_sparkleface to CashApp [link] [comments]

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Bob The Magic Custodian



Summary: Everyone knows that when you give your assets to someone else, they always keep them safe. If this is true for individuals, it is certainly true for businesses.
Custodians always tell the truth and manage funds properly. They won't have any interest in taking the assets as an exchange operator would. Auditors tell the truth and can't be misled. That's because organizations that are regulated are incapable of lying and don't make mistakes.

First, some background. Here is a summary of how custodians make us more secure:

Previously, we might give Alice our crypto assets to hold. There were risks:

But "no worries", Alice has a custodian named Bob. Bob is dressed in a nice suit. He knows some politicians. And he drives a Porsche. "So you have nothing to worry about!". And look at all the benefits we get:
See - all problems are solved! All we have to worry about now is:
It's pretty simple. Before we had to trust Alice. Now we only have to trust Alice, Bob, and all the ways in which they communicate. Just think of how much more secure we are!

"On top of that", Bob assures us, "we're using a special wallet structure". Bob shows Alice a diagram. "We've broken the balance up and store it in lots of smaller wallets. That way", he assures her, "a thief can't take it all at once". And he points to a historic case where a large sum was taken "because it was stored in a single wallet... how stupid".
"Very early on, we used to have all the crypto in one wallet", he said, "and then one Christmas a hacker came and took it all. We call him the Grinch. Now we individually wrap each crypto and stick it under a binary search tree. The Grinch has never been back since."

"As well", Bob continues, "even if someone were to get in, we've got insurance. It covers all thefts and even coercion, collusion, and misplaced keys - only subject to the policy terms and conditions." And with that, he pulls out a phone-book sized contract and slams it on the desk with a thud. "Yep", he continues, "we're paying top dollar for one of the best policies in the country!"
"Can I read it?' Alice asks. "Sure," Bob says, "just as soon as our legal team is done with it. They're almost through the first chapter." He pauses, then continues. "And can you believe that sales guy Mike? He has the same year Porsche as me. I mean, what are the odds?"

"Do you use multi-sig?", Alice asks. "Absolutely!" Bob replies. "All our engineers are fully trained in multi-sig. Whenever we want to set up a new wallet, we generate 2 separate keys in an air-gapped process and store them in this proprietary system here. Look, it even requires the biometric signature from one of our team members to initiate any withdrawal." He demonstrates by pressing his thumb into the display. "We use a third-party cloud validation API to match the thumbprint and authorize each withdrawal. The keys are also backed up daily to an off-site third-party."
"Wow that's really impressive," Alice says, "but what if we need access for a withdrawal outside of office hours?" "Well that's no issue", Bob says, "just send us an email, call, or text message and we always have someone on staff to help out. Just another part of our strong commitment to all our customers!"

"What about Proof of Reserve?", Alice asks. "Of course", Bob replies, "though rather than publish any blockchain addresses or signed transaction, for privacy we just do a SHA256 refactoring of the inverse hash modulus for each UTXO nonce and combine the smart contract coefficient consensus in our hyperledger lightning node. But it's really simple to use." He pushes a button and a large green checkmark appears on a screen. "See - the algorithm ran through and reserves are proven."
"Wow", Alice says, "you really know your stuff! And that is easy to use! What about fiat balances?" "Yeah, we have an auditor too", Bob replies, "Been using him for a long time so we have quite a strong relationship going! We have special books we give him every year and he's very efficient! Checks the fiat, crypto, and everything all at once!"

"We used to have a nice offline multi-sig setup we've been using without issue for the past 5 years, but I think we'll move all our funds over to your facility," Alice says. "Awesome", Bob replies, "Thanks so much! This is perfect timing too - my Porsche got a dent on it this morning. We have the paperwork right over here." "Great!", Alice replies.
And with that, Alice gets out her pen and Bob gets the contract. "Don't worry", he says, "you can take your crypto-assets back anytime you like - just subject to our cancellation policy. Our annual management fees are also super low and we don't adjust them often".

How many holes have to exist for your funds to get stolen?
Just one.

Why are we taking a powerful offline multi-sig setup, widely used globally in hundreds of different/lacking regulatory environments with 0 breaches to date, and circumventing it by a demonstrably weak third party layer? And paying a great expense to do so?
If you go through the list of breaches in the past 2 years to highly credible organizations, you go through the list of major corporate frauds (only the ones we know about), you go through the list of all the times platforms have lost funds, you go through the list of times and ways that people have lost their crypto from identity theft, hot wallet exploits, extortion, etc... and then you go through this custodian with a fine-tooth comb and truly believe they have value to add far beyond what you could, sticking your funds in a wallet (or set of wallets) they control exclusively is the absolute worst possible way to take advantage of that security.

The best way to add security for crypto-assets is to make a stronger multi-sig. With one custodian, what you are doing is giving them your cryptocurrency and hoping they're honest, competent, and flawlessly secure. It's no different than storing it on a really secure exchange. Maybe the insurance will cover you. Didn't work for Bitpay in 2015. Didn't work for Yapizon in 2017. Insurance has never paid a claim in the entire history of cryptocurrency. But maybe you'll get lucky. Maybe your exact scenario will buck the trend and be what they're willing to cover. After the large deductible and hopefully without a long and expensive court battle.

And you want to advertise this increase in risk, the lapse of judgement, an accident waiting to happen, as though it's some kind of benefit to customers ("Free institutional-grade storage for your digital assets.")? And then some people are writing to the OSC that custodians should be mandatory for all funds on every exchange platform? That this somehow will make Canadians as a whole more secure or better protected compared with standard air-gapped multi-sig? On what planet?

Most of the problems in Canada stemmed from one thing - a lack of transparency. If Canadians had known what a joke Quadriga was - it wouldn't have grown to lose $400m from hard-working Canadians from coast to coast to coast. And Gerald Cotten would be in jail, not wherever he is now (at best, rotting peacefully). EZ-BTC and mister Dave Smilie would have been a tiny little scam to his friends, not a multi-million dollar fraud. Einstein would have got their act together or been shut down BEFORE losing millions and millions more in people's funds generously donated to criminals. MapleChange wouldn't have even been a thing. And maybe we'd know a little more about CoinTradeNewNote - like how much was lost in there. Almost all of the major losses with cryptocurrency exchanges involve deception with unbacked funds.
So it's great to see transparency reports from BitBuy and ShakePay where someone independently verified the backing. The only thing we don't have is:
It's not complicated to validate cryptocurrency assets. They need to exist, they need to be spendable, and they need to cover the total balances. There are plenty of credible people and firms across the country that have the capacity to reasonably perform this validation. Having more frequent checks by different, independent, parties who publish transparent reports is far more valuable than an annual check by a single "more credible/official" party who does the exact same basic checks and may or may not publish anything. Here's an example set of requirements that could be mandated:
There are ways to structure audits such that neither crypto assets nor customer information are ever put at risk, and both can still be properly validated and publicly verifiable. There are also ways to structure audits such that they are completely reasonable for small platforms and don't inhibit innovation in any way. By making the process as reasonable as possible, we can completely eliminate any reason/excuse that an honest platform would have for not being audited. That is arguable far more important than any incremental improvement we might get from mandating "the best of the best" accountants. Right now we have nothing mandated and tons of Canadians using offshore exchanges with no oversight whatsoever.

Transparency does not prove crypto assets are safe. CoinTradeNewNote, Flexcoin ($600k), and Canadian Bitcoins ($100k) are examples where crypto-assets were breached from platforms in Canada. All of them were online wallets and used no multi-sig as far as any records show. This is consistent with what we see globally - air-gapped multi-sig wallets have an impeccable record, while other schemes tend to suffer breach after breach. We don't actually know how much CoinTrader lost because there was no visibility. Rather than publishing details of what happened, the co-founder of CoinTrader silently moved on to found another platform - the "most trusted way to buy and sell crypto" - a site that has no information whatsoever (that I could find) on the storage practices and a FAQ advising that “[t]rading cryptocurrency is completely safe” and that having your own wallet is “entirely up to you! You can certainly keep cryptocurrency, or fiat, or both, on the app.” Doesn't sound like much was learned here, which is really sad to see.
It's not that complicated or unreasonable to set up a proper hardware wallet. Multi-sig can be learned in a single course. Something the equivalent complexity of a driver's license test could prevent all the cold storage exploits we've seen to date - even globally. Platform operators have a key advantage in detecting and preventing fraud - they know their customers far better than any custodian ever would. The best job that custodians can do is to find high integrity individuals and train them to form even better wallet signatories. Rather than mandating that all platforms expose themselves to arbitrary third party risks, regulations should center around ensuring that all signatories are background-checked, properly trained, and using proper procedures. We also need to make sure that signatories are empowered with rights and responsibilities to reject and report fraud. They need to know that they can safely challenge and delay a transaction - even if it turns out they made a mistake. We need to have an environment where mistakes are brought to the surface and dealt with. Not one where firms and people feel the need to hide what happened. In addition to a knowledge-based test, an auditor can privately interview each signatory to make sure they're not in coercive situations, and we should make sure they can freely and anonymously report any issues without threat of retaliation.
A proper multi-sig has each signature held by a separate person and is governed by policies and mutual decisions instead of a hierarchy. It includes at least one redundant signature. For best results, 3of4, 3of5, 3of6, 4of5, 4of6, 4of7, 5of6, or 5of7.

History has demonstrated over and over again the risk of hot wallets even to highly credible organizations. Nonetheless, many platforms have hot wallets for convenience. While such losses are generally compensated by platforms without issue (for example Poloniex, Bitstamp, Bitfinex, Gatecoin, Coincheck, Bithumb, Zaif, CoinBene, Binance, Bitrue, Bitpoint, Upbit, VinDAX, and now KuCoin), the public tends to focus more on cases that didn't end well. Regardless of what systems are employed, there is always some level of risk. For that reason, most members of the public would prefer to see third party insurance.
Rather than trying to convince third party profit-seekers to provide comprehensive insurance and then relying on an expensive and slow legal system to enforce against whatever legal loopholes they manage to find each and every time something goes wrong, insurance could be run through multiple exchange operators and regulators, with the shared interest of having a reputable industry, keeping costs down, and taking care of Canadians. For example, a 4 of 7 multi-sig insurance fund held between 5 independent exchange operators and 2 regulatory bodies. All Canadian exchanges could pay premiums at a set rate based on their needed coverage, with a higher price paid for hot wallet coverage (anything not an air-gapped multi-sig cold wallet). Such a model would be much cheaper to manage, offer better coverage, and be much more reliable to payout when needed. The kind of coverage you could have under this model is unheard of. You could even create something like the CDIC to protect Canadians who get their trading accounts hacked if they can sufficiently prove the loss is legitimate. In cases of fraud, gross negligence, or insolvency, the fund can be used to pay affected users directly (utilizing the last transparent balance report in the worst case), something which private insurance would never touch. While it's recommended to have official policies for coverage, a model where members vote would fully cover edge cases. (Could be similar to the Supreme Court where justices vote based on case law.)
Such a model could fully protect all Canadians across all platforms. You can have a fiat coverage governed by legal agreements, and crypto-asset coverage governed by both multi-sig and legal agreements. It could be practical, affordable, and inclusive.

Now, we are at a crossroads. We can happily give up our freedom, our innovation, and our money. We can pay hefty expenses to auditors, lawyers, and regulators year after year (and make no mistake - this cost will grow to many millions or even billions as the industry grows - and it will be borne by all Canadians on every platform because platforms are not going to eat up these costs at a loss). We can make it nearly impossible for any new platform to enter the marketplace, forcing Canadians to use the same stagnant platforms year after year. We can centralize and consolidate the entire industry into 2 or 3 big players and have everyone else fail (possibly to heavy losses of users of those platforms). And when a flawed security model doesn't work and gets breached, we can make it even more complicated with even more people in suits making big money doing the job that blockchain was supposed to do in the first place. We can build a system which is so intertwined and dependent on big government, traditional finance, and central bankers that it's future depends entirely on that of the fiat system, of fractional banking, and of government bail-outs. If we choose this path, as history has shown us over and over again, we can not go back, save for revolution. Our children and grandchildren will still be paying the consequences of what we decided today.
Or, we can find solutions that work. We can maintain an open and innovative environment while making the adjustments we need to make to fully protect Canadian investors and cryptocurrency users, giving easy and affordable access to cryptocurrency for all Canadians on the platform of their choice, and creating an environment in which entrepreneurs and problem solvers can bring those solutions forward easily. None of the above precludes innovation in any way, or adds any unreasonable cost - and these three policies would demonstrably eliminate or resolve all 109 historic cases as studied here - that's every single case researched so far going back to 2011. It includes every loss that was studied so far not just in Canada but globally as well.
Unfortunately, finding answers is the least challenging part. Far more challenging is to get platform operators and regulators to agree on anything. My last post got no response whatsoever, and while the OSC has told me they're happy for industry feedback, I believe my opinion alone is fairly meaningless. This takes the whole community working together to solve. So please let me know your thoughts. Please take the time to upvote and share this with people. Please - let's get this solved and not leave it up to other people to do.

Facts/background/sources (skip if you like):



Thoughts?
submitted by azoundria2 to QuadrigaInitiative [link] [comments]

Welcome to /r/CashApp. Read this first!

No one representing Cash App will ever ask for your sign-in code over the phone, on social media, or through any other medium. No one representing Cash App will ever ask you to make a payment.
Welcome to the unofficial Cash App subreddit. This subreddit was created as a place to talk about Cash App and to get assistance for simple problems. The mod team of this subreddit do not represent Cash App or Square, Inc. If you require specific help with your account, you must contact the Cash App support team directly via the app (never via a support phone line you found via Google). Do not share your account details with anyone.

How to Get Help

For general advice about Cash App, please post here in /cashapp. Do not include cashtags or any other personal information in your posts.
If you need help regarding your account, contact support via the app itself. Tap your profile picture, then choose Support. Follow the menu. You can also check https://cash.app/help
If you are unable to get help via the app, you can try `@CashSupport` on Twitter (https://twitter.com/cashsupport) or `@SquareCash` on Facebook (https://www.facebook.com/SquareCash/).
Due to increased volume, support wait times may be higher than normal.
Cash App does not have a call-in phone line to speak with someone. The only call-in phone line that's available is listed on their website. It's automated and intended to assist with general account issues.

Posting Rules

This subreddit welcomes discussions, news and general (non account-specific) questions about Cash App.
The following content is not permitted and will be removed. Accounts breaching these rules may be temporarily or permanently banned, at moderators’ discretion.

How to Post

  1. Use the search function. Most questions have been answered before.
  2. Check the FAQ below. It might just answer your question.
  3. Use a descriptive and succinct post title.
  4. If someone has helped you, please pay it forward. Stick around to help make this community better. 🙏

FAQ

I received something. Is it a scam?
Did you receive something that looks fishy? Cash App emails only ever come from ["@square.com](mailto:"@square.com)", ["@squareup.com](mailto:"@squareup.com)" or ["@cash.app](mailto:"@cash.app)" domains. No one representing Cash App will ever ask you for money or your sign in code for any reason. Cash App will never ask you for PINs or passcodes. If you get an email, compare it to other emails you’ve received you know to be from Cash App. If the fonts or logos look different or strange, or there is poor grammar, then it’s certainly a scam. If you are still in doubt, post a screenshot (with cashtags and other personal info removed).
Clearance fees?
Cash App will never ask you for money. Any request to pay a fee is a scam. Whether it is called a clearance fee, verification fee, shipping fee, whatever. They are all scams.
I’ve been scammed/hacked!
Unfortunately there’s not much anybody here can do. You can try contacting Cash App support, however they are not likely to reimburse you for your losses. If the scam involved a payment from your linked debit card, you should also contact your card-issuing bank as they may be able to reverse the charge.
How do I prevent being scammed?
I sent money to the wrong person!
Find the payment in the payment history, tap into the details and request a refund. If this fails, contact support. See "How to get help" above.
I received money from a stranger.
Find the payment in the payment history, tap into the details and issue a refund. Thanks for being awesome!
The recipient say they didn’t receive my payment and want me to send it again.
This is probably a scam. Contact support. See "How to get help" above.
Why is there a Cash App charge on my bank statement? I don’t even use Cash App!
It is likely that your debit card number has been stolen & the thief has used it to fund a Cash App account. Contact your card-issuing bank immediately.
I haven’t received the cash card I ordered!
It can take several weeks to arrive. If you have not received it within 3-4 weeks, contact support. See "How to get help" above.
Is the app down right now?
Check the status page. https://status.cash.app/
Will people I pay be able to see my real name?
Your full name, as recorded in your profile in the app, will be presented to people you pay or request payments from. However, this name does not need to be the same as your real name.
I can’t scan the back of my driver’s licence.
Don’t try to fill the viewport with the card. Try zooming in or out. Look at the edge of the viewport. Each edge will have a blue line when it is correctly aligned. It will work when you manage to get 4 blue lines to appear at once.
My account is frozen with money inside!
Contact support. See "How to Get Help" above.
Why was my account locked?
While it’s not possible to know for sure, some common reasons may be for challenging cash app transactions with your bank (“chargebacks”), performing fraud (“flipping”) and using bitcoin you purchased for illicit goods & services. Check Cash App’s Terms of Service for more: https://cash.app/legal/us/en-us/tos
I’m under 18. How can I withdraw my money?
You must be 18 or above to use Cash App. Contact support or have a parent or guardian reach out for you. See "How to Get Help" above.
Why haven’t I been verified for Bitcoin yet?
Bitcoin verification takes up to 72 hours. If you’re waiting longer than 72 hours, contact support.
Where is the bitcoin/investing tab? I only have 3 tabs.
Bitcoin and Cash App Investing are currently only available in the US.
submitted by satsophone to CashApp [link] [comments]

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