He wants to remove tariffs, quotas and subsidies. These big tariffs are method of extortion: "Let's we all agree to free trade. If you don't agree I will increase the tariffs.".
It would be great if it works, however I am skeptical. The lobbyists (lobbying for tariffs) have deep pockets. Corruption is strong worldwide.
To short Bitcoin I am recommending 1fox (BTCUSD only), Evolve markets (Forex, stocks, crypto, indices, commodities) and Bitmex (very high liquidity).Accounts are anonymous, no KYC bullshit.1fox is giving "financing" (on short positions about 0.1-0.3% every 12 hours) but there are "socialized losses" also. Net result is positive. Liquidity is bad (but this can be good because it's possible to arbitrage trade and buy/sell at good levels when cascade of stop losses occur).Evolve markets takes 0.2% swap, but liquidity is good.Bitmex gives you 0.0545% per 8 hours for short position on the "perpetual futures contract" (you pay 0.0545% on long positions), liquidity is excellent. On other future contracts (with expiration date) there is no swap. There is no KYC, when you sign up you may give your first and last name, but it's optional.You can use 1fox to "lock" the USD value of your coins buy opening short position with leverage 1:1 (it's be…
I think that there should be no e-mail associated with accounts.Email accounts are another point of failure and attack vector.Also phone numbers should not be associated with accounts, this is a huge security flaw.The best way to secure an account is with long passphrase, non-phone-number 2FA (with Google Authenticator or hardware device using public key cryptography) and/or PGP key.Passphrase recovery should not be possible or really hard and uncomfortable (you need to fly to the office in person with your passport and 3 witnesses + 1 year waiting period).
The proposed Lightning network has each node performing routing for any participant on the network.
A licensed exchange cannot transmit money for anyone without KYC/AML.
So either exchanges won't use Lightning, or they're demand that anyone that wants routing must have KYC/AML. If Lightning can circumvent KYC/AML, then that will exclude exchanges and payment processors and anyone else that, you know, obeys the law, from using LN; and since the vast majority of buyers and holders buy on Coinbase, Bitstamp and other regulated exchanges, and since the vast majority of merchants use Bitpay and other regulated merchant gateways, and since your local coffee shop doesn't want to be in the clandestine Lightning Hub business any more than they want to be an illegal credit card processing gateway or uninsured mobster credit union, that Lightning is basically a non-starter for most use legal, typical cases.
Before anyone says "yeah but" the answer is no, this is nothing …
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