« In its current form, the Danish CSAM scanning proposal would force the likes of WhatsApp, Signal, ProtonMail, and other messaging services to perform indiscriminate scanning of private messages. Crucially, the mandatory scanning is expected to occur directly on the device before messages are encrypted, targeting shared URLs, pictures, and videos. Only governments and military accounts are excluded from the scope of the bill. » They want us to believe that the intent of the #ChatControl regulation is to fight the propagation of CSAM while granting an exemption to the politicians and the military? They are not even trying to be believable. https://www.techradar.com/vpn/vpn-privacy-security/a-major-step-backwards-for-privacy-the-vpn-industry-speaks-out-against-chat-control

I’m afraid what is next for the price of #Bitcoin if #BTC doesn’t put on a V-reversal from here… #Trading #Tradestr

Interesting how #QRL is always pumping when #Bitcoin and the #crypto market crashes. I’m sure OGs selling has to do with them hedging their stack for the Q-Day. #Quantum

Quick #Bitcoin price update: #BTC broke the $90,672 level which was the last line in the sand for the bull scenario to remain probable. With this level broken and even if we bounce from here, I give the bull path under 10% chance of playing out. The bear path likelihood is now at 80%. There probably won’t be much to update on the high time frame moving forward as I don’t see a strong alternative to a multi years sideway consolidation for now (unless we reach the grayed out box). If I keep on doing those updates, it will probably be to zoom in on the lower time frame. #Trading #Tradestr View quoted note →

I’m not sure how some folks can make the case that OGs unloading their bitcoins is bullish for the price. Due to its non-linear emission, the #Bitcoin supply became quite concentrated among early adopters. The original vision was that nobody would need to sell their #BTC for fiat but because Bitcoin has failed to be broadly adopted as a medium of exchange, OGs have no choice but to exchange part of their stack for fiat which puts pressure on the price.