With Linux, you don't have to settle.

Barrels, benchmarks, and bitcoin

It’s officially been over two months since $STRC traded at par of $100.

ELIZABETH WARREN DEMANDS TRUMP DISCLOSE CRYPTO HOLDINGS WITHIN ONE WEEK

Sen. Elizabeth Warren is demanding that President Donald Trump voluntarily disclose his crypto earnings and holdings from Jan. 1 through July 15, giving him until July 23 to comply.…

4 years ago today someone started something no one could control, and it changed my life forever. Started a business, started a magazine, met amazing people.

Feel free to stack with us,

Even on days that I am broke as hell I still stack. Feel free to join…

Its gonna take Lawyers, Guns & Money to get me outta this!

@pick5live I think your point system is fun, but there really should be more correlation in the points to;
- Total times song played
- Last time song played

For example, if they actually played New Blue, that pick should crush everyone who got all five…

Thoughtful money, thoughtful art. Become your own personal Renaissance.

July 18, 2019 (7 years ago)

Hangzhou Court Rules Bitcoin Is Legally Protected 'Virtual Property' in China

China banned Bitcoin exchanges in 2017. Its own courts protected Bitcoin as property anyway. The winner still lost 2,675 BTC.

Brief thread... 🧵👇

2/6 - The case: Mr. Wu had deposited 2,675 Bitcoin on the FXBTC exchange. When China's 2017 crackdown forced Bitcoin exchanges to close, FXBTC shut down in 2018 and Wu's coins went with it. He sued for their return, as reported at

https://cryptobriefing.com/bitcoin…

3/6 - The venue mattered: the Hangzhou Internet Court, created in 2017 to hear disputes entirely online. On July 18, 2019 it ruled Bitcoin 'has value, is scarce and disposable,' the tests for property under Chinese law. Verdict: virtual property, legally…

4/6 - Then the twist: Wu lost anyway. He couldn't produce enough evidence tying him to the FXBTC account that held the coins, so the court rejected his specific claim while cementing the general principle. He walked away with a precedent instead of his Bitcoin.

5/6 - The People's Bank of China moved fast to fence in the ruling: 'Bitcoin is virtual property, but it's not fiat money.' Translation: courts will protect your coins, but the state still won't let you trade them. Both positions were now officially true…

6/6 - That tension never resolved. Even after the sweeping 2021 ban on mining and trading, Chinese courts kept affirming citizens' property rights in Bitcoin they already held. You couldn't buy it, sell it, or mine it, but if someone took yours, the law was…

If you've made it this far and enjoyed the thread, please consider:

✅ Following this account if you haven't already
🧡 Liking and/or reposting this thread to help others find it
🙏 Dropping me a tip at daily_btc_lore@walletofsatoshi.com

July 18, 2010 (16 years ago)

Mt. Gox Opens: "I just put up a new bitcoin exchange."

Built in weeks on a card-game domain, sold eight months later. The exchange McCaleb handed off handled 70% of global Bitcoin trading before losing 850,000 BTC. Brief thread...…

2/8 - The acronym: MTGOX stood for Magic: The Gathering Online eXchange. Jed McCaleb registered the domain in January 2007 to build a card-trading site. That project never shipped. The domain sat dormant for three years.

3/8 - McCaleb wasn't a random hobbyist. Before Bitcoin, he created eDonkey2000, one of the largest peer-to-peer file-sharing networks in history. At its peak, eDonkey had over 4 million active users. The RIAA eventually sued, and MetaMachine paid $30 million…

4/8 - McCaleb discovered Bitcoin through the Slashdot article in June 2010. Within weeks he repurposed http://mtgox.com into a Bitcoin exchange. His entire launch announcement on Bitcointalk: "I just put up a new bitcoin exchange. Please let me know what…

5/8 - Before Gox, Bitcoin trading was informal. Buyers and sellers haggled in forum threads, or used Bitcoin Market, launched in March 2010 by dwdollar, which had no real order book. Gox introduced automated matching: a live bid/ask spread, real volume data…