Legal Kidnapping: Britney Spears Had To Use Bitcoin
If you have been current with pop culture and the news, Britney Spears news shouldn’t be new to you. But just in case you are not conversant with the news let me give you a brief summary.
Britney Spears is a successful pop artist who has been on the entertainment show business for almost 20 year or more, not really sure. She had a mental breakdown few years ago which made the court hand over legal conservatorship to her dad. Conservatorship is is the process where an adult who is deemed unfit to take care of theirselves or manage their finance is given another adult to act as their guardian. In the case of Britney Spears her conservator was her dad. But recently it has been a matter of concern because people especially her fans are worried and feel that the conservatorship has gone far into life and they are not really sure if it’s becoming of Britney Spears best interest anymore.
This is because of the terms surrounding the conservatorship. This means that Britney Spears is not allowed to make certain decision without her dad’s approval. Her dad literally runs her life down to what she wears and buys.
Investigators gather some information and found out that the pop star has been using bitcoin to make small purchases far back in 2014 because she had no other choice. She used it to hide purchases from her dad, even after she claimed she was mentally alright at that time. This is the advantage of bitcoin because bitcoin and cryptocurrency gives liberation to people who have restricted financial access.
Posted Using LeoFinance Beta
Posted Using LeoFinance Beta
If the merchant revealed her address, nothing would be private.
Zcash or Monero are more well suited for this kind of transacting, Zcash was conceived with this precise kind of transaction in kind, or a Birthday present for example on the positive side.
Was zcash in existence by 2014?
Yes, in 2011 it was already being drafted on a white paper to resolve these privacy issues pertaining to psuedoanonymous identifiers being used as addresses.
Adam Back complemented the developments as being potentially required if the big brother state figured out how to beat Bitcoins weak privacy preserving layers.
Do you know who Adam Back is?
No I don’t know who Adam back is. Is he the developer?
Adam Back invented, what is mining. Hash Cash was his baby, which bitcoins SHA-256 algo was based on. Adam Back is one of a handful of developers who interacted with the satoshi nakamoto alias early in bitcoins development.
Hashcash was proposed in 1997 by Adam Back and described more formally in Back's 2002 paper "Hashcash - A Denial of Service Counter-Measure".
Fasinating, 100% LASSECASH upvote for that comment.
I am very supportive of Adam Backs work on PoW.
Not sure what you mean by that?
Do you know if DPOS uses Hashcash?
No it doesn't its not proof of work.
Don't quote me on that though, hive is something else when it comes to code.
I know that DPOS is not proof of work... do you know more about the DPOS algo, like what are the calculation needed to find a block in Hive and Hive engine? In Bitcoin its finding a new prime number as far as I know...
In my view POB > DPOS > POS > POW
You need to be one of the top 20 witnesses to get paid out newly mined hive or HBD. I can't remember the ratios, but @klye is usually a open book of he isn't busy maybe he can just copy and paste from the witness user manual?
They have thus "Witness in a Box" for new people to testnet the witness nodes and then eventually go live on. You would need a lot of support to be paid out as a witness.
Dude why are you telling me this, it was not even an answer to my question!?
I have been on Steem/Hive for 5 years now, I understand the witness model for the most part, I even run a witness on Hive Engine!
Come on man!
You literally asked me if I knew more.
What did I miss about the context of this question?
I was asking to the kind of math problem-solving like in Bitcoin a new hard prime number has to be found to get the block.
But I guess the answer is no there is no hard math problem, because of the "proof of stake" aspect, that is advanced into "delegated proof of stake".
Not even sure what proof of brain is to be honest.. Some type of turing test or?
All the governance methods have benefits and drawbacks to be honest.
Top 20's are paid out every round, then a backup witness is chosen from the rank #21 thru #xxx(?) based on their witness vote stake weight. At rank #36 I make about 36 HIVE a day I think? Top 20 witness makes well over 500 or a thousand HIVE.. Can't remember off the top of my head atm.
LasseCash is proof of brain, I am not surprised that you didnt know that, its called proof of brain for a reason!! We both know your brain is tiny and fucked up !!! hahahahaha
POB > DPOS > POS > POW
My question was, is there a calculation that the witnesses has to perform like Bitcoin miners have to find a new hard prime number? But I think the answer is no, I am not sure though.
I understand the payout to the top 20, I even run a witness for Hive Engine that is top 24, but was top 20 a while back!
LASSECASH runs on DPOS and some other home brew that HE does.. You can call it POB or whatever the hell you want.. But the underlying tech is still DPOS at the root level.
its simple @klye tiny brain
Proof of brain = distribution via condensor site ala steemit.com, hive.blog or lassecash.com ... its called proof of brain because the rewards are giving out based on voting... You should know this by now, but no you been too busy building untrustworthy gambling bs site and bs lending service against hive power where a server you control holds the keys!!!
This is why I "unfriend" you in the past!!
You're a pseudointellectual trying to hold up a narrative with little to no experience in social engineering, please respond to my other comment about the context of your question.
I am confused about the context here.... along with these comments.
Dude just forget it, I am the smartest guy in the room, as it often is haha
POB js a engine token with a lot of pseudointellectuals in the community.
I've had very little for great times on that fraction on the chain.. Such a waste of an otherwise interesting concept.
I am just trying to neutrally make money and support blockchain projects, and even with my neutral attitude its hard to participate without getting sucked in. Just look at what happened to @lucylin if you ever want to see the fundamental issues of POB in full color. Its sad it is going this way. It will be a useful case study though for future hive spin offs.
You didnt respond to this: "I am very supportive of Adam Backs work on PoW." Not sure what you mean by that?
I prefer coins mined via proof of work on specialized hardware like GPUs and ASICS versus the Proof of Stake or DPOS models.
You know POW uses a lot of ressources and polute the envirounment ? Thats bad! Plus its much easier to hardfork on DPOS = innovation.
POW is obsolete with DPOS!
POB > DPOS > POS > POW
I'm just seeing this news for the first time and I am really thrilled by what cryptocurrency is really doing in our current world.
It’s a revolution
Evolution - where as LasseCash, HEX, PULSE, workerbee and Hive are in the front!
Most other things are scams!
Very interesting. Your points are well taken about privacy on the Bitcoin Blockchains. Although depending on how she hit her fiat onto the exchange, it could be relatively private right? Just one of hundreds of Bitcoin wallets, but I guess there could also trails from the Bitcoin to purchasers to delivery of goods.Most of it comes down to record keeping by those who facilitate transactions.
Posted Using LeoFinance Beta
dude it all sounds facinating "Britney" using Bitcoin in 2014... ??? But rather unrealistic, back in 2013 when I discovered Bitcoin hardly anybody had heard the word, so I cannot imagine Britney using Bitcoin til this day, let alone in 2014 for anything... Do you have proof or is it just a rumor?