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    {
      "parent_author": "infinitystuff",
      "parent_permlink": "top-4-myths-about-bitcoin",
      "author": "steemitboard",
      "permlink": "steemitboard-notify-infinitystuff-20190622t113721000z",
      "title": "",
      "body": "Congratulations @infinitystuff! You received a personal award!\n\n<table><tr><td>https://steemitimages.com/70x70/http://steemitboard.com/@infinitystuff/birthday1.png</td><td>Happy Birthday! - You are on the Steem blockchain for 1 year!</td></tr></table>\n\n<sub>_You can view [your badges on your Steem Board](https://steemitboard.com/@infinitystuff) and compare to others on the [Steem Ranking](https://steemitboard.com/ranking/index.php?name=infinitystuff)_</sub>\n\n\n**Do not miss the last post from @steemitboard:**\n<table><tr><td><a href=\"https://steemit.com/steemitboard/@steemitboard/the-steem-community-has-lost-an-epic-member-farewell-woflhart\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmQWnM36SWCPGn98nY83M1ArgweMz5fnovQEp2E4FiDdug/Wolfhart_header.png\"></a></td><td><a href=\"https://steemit.com/steemitboard/@steemitboard/the-steem-community-has-lost-an-epic-member-farewell-woflhart\">The Steem community has lost an epic member! Farewell @woflhart!</a></td></tr><tr><td><a href=\"https://steemit.com/steemtoolbar/@steemitboard/steemtoolbar-update-display-bug-fixed\"><img src=\"https://steemitimages.com/64x128/http://i.cubeupload.com/7CiQEO.png\"></a></td><td><a href=\"https://steemit.com/steemtoolbar/@steemitboard/steemtoolbar-update-display-bug-fixed\">SteemitBoard - Witness Update</a></td></tr><tr><td><a href=\"https://steemit.com/steem/@steemitboard/do-not-miss-the-coming-rocky-mountain-steem-meetup-and-get-a-new-community-badge\"><img src=\"https://steemitimages.com/64x128/https://cdn.steemitimages.com/DQmUphCGZFWgt6bJ1XTtunV7esnwy6bxnGqcLcHAV3NEqnQ/meetup-rocky-mountain.png\"></a></td><td><a href=\"https://steemit.com/steem/@steemitboard/do-not-miss-the-coming-rocky-mountain-steem-meetup-and-get-a-new-community-badge\">Do not miss the coming Rocky Mountain Steem Meetup and get a new community badge!</a></td></tr></table>\n\n###### [Vote for @Steemitboard as a witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1) to get one more award and increased upvotes!",
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      "parent_author": "infinitystuff",
      "parent_permlink": "why-youtube-remove-more-than-8-million-videos",
      "author": "steemcleaners",
      "permlink": "re-infinitystuff-why-youtube-remove-more-than-8-million-videos-20180714t173047092z",
      "title": "",
      "body": "[Source](https://www.techjuice.pk/this-is-why-youtube-removed-more-than-8-million-videos/)\n[Plagiarism](http://www.plagiarism.org/plagiarism-101/what-is-plagiarism/) is the copying & pasting of others work without giving credit to the original author or artist. Plagiarized posts are considered spam. \r\n\r\nSpam is discouraged by the community, and may result in action from the [cheetah bot](https://steemit.com/faq.html#What_is__cheetah).\r\n\r\n[More information and tips on sharing content.](https://steemcleaners.org/copy-paste-plagiarism/)\r\n\r\nIf you believe this comment is in error, please contact us in [#disputes on Discord](https://discord.gg/YR2Wy5A)",
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      "parent_permlink": "bitcoin",
      "author": "infinitystuff",
      "permlink": "top-4-myths-about-bitcoin",
      "title": "Top 10 myths about Bitcoin",
      "body": "There are many myths about cryptocurrencies and they are driven as much by marketing and myths as misinformation. Let’s debunk the most common misconceptions!\n\n![Top 4 myths about Bitcoin.jpg](https://cdn.steemitimages.com/DQmPUf253r8MJt6GUeUDPTVDUgDrsxJkKM2xDwXrmhwccQU/Top%204%20myths%20about%20Bitcoin.jpg)\n\n\nMyth 1: Bitcoin is not backed by anything, so it has no value\nTruth: There are varying opinions on this point. Some believe bitcoin’s scarcity is the main attribute that gives it value, while others claim bitcoins are useful because they are required to use the world’s most prominent and secure decentralized ledger. In fact, like all currency in the history of money, bitcoins are backed by confidence. (Also known as consensus.). By the way, gold is also valuable only because people agree that it is.\n\nMyth 2: Bitcoin’s price volatility makes it useless\nTruth: There are various mechanisms for using the Bitcoin network for payments while avoiding the volatility associated with the token of value. Some Bitcoin companies, such as Circle and Coinbase, allow users to store funds in U.S. dollars or other fiat currencies before making Bitcoin transactions on the user’s behalf.\n\n\n\nMyth 3: Bitcoin is used by terrorists\nTruth: Although Bitcoin is sometimes used for illegal transactions on the Internet, the reality is that the privacy issues related to the public blockchain make it a poor choice for terrorists. In the world of untraceable payments, dollar is still the king.\n\nMyth 4. It’s just fake internet money\nTruth: This fear tactic may have worked five years ago, but now that people are realizing Bitcoin is here to stay, we can expel this myth. Bitcoin solves a lot of problems traditional banking faces. For instance, Bitcoin can be used to send millions of dollars anywhere in the world in minutes. Plus, it’s backed by a strong community, and strong code. The world is realizing that Bitcoin isn’t a gimmick. It is a disruptive technology that is changing how the world transacts money.\n\nMyth 5. The CEO of Bitcoin Was Arrested\nTruth: When the general public reads about Bitcoin, the connection is often made with Silk Road or Mt. Gox. Many people actually thought it was Bitcoin that was shut down by the F.B.I. in 2013, and not the anonymous online black market (Silk Road); or that it was Bitcoin that collapsed in early 2014, and not the failed Bitcoin exchange (Mt. Gox). The inability to make the distinction between Bitcoin and the companies or services built on top of it has been a huge problem for the digital currency in terms of education.Because of this inability to distinguish between Bitcoin and Bitcoin companies, many people thought the CEO of Bitcoin had been arrested in the cases of Silk Road founder Ross Ulbricht, Mt. Gox CEO Mark Karpeles and BitInstant CEO Charlie Shrem. Of course, the reality is that there is no CEO of Bitcoin\n\nMyth 6. Bitcoin Mining Wastes Electricity\nTruth: A recent report found that Bitcoin’s network hashrate could consume as much power as Denmark by 2020. Other reporters dispute this characterization, pointing out that Bitcoin uses the same electricity as the yearly consumption of 674.5 average American homes, two Amtrak locomotives or a California hydroelectric plant. Do these things waste electricity? It depends on your point of view. The reality is that the use of computing power serves a purpose in Bitcoin, which is securing all of the transactions on the network. If you don’t think Bitcoin is valuable, maybe that’s a waste. If you don’t think fiat currencies are valuable, maybe keeping the lights on at the Federal Reserve is a waste.Electricity-intensive Bitcoin mining is essentially a way to prove that someone has expended resources in hopes of getting a block reward and transaction fees in return for their efforts. Proof-of-work, as it’s called, acts as a prevention mechanism against Sybil attacks (forged identities) on the Bitcoin network. Waste? You decide.\n\n\nMyth 7. Bitcoin Is a Ponzi Scheme\nTruth: A Ponzi scheme requires an initial founder who persuades investors that they’ll make some sort of profit. There is no central point of power in Bitcoin, as it’s a decentralized system, so no promises of profits are made by the network.\nA Ponzi scheme always requires new investors to pay off earlier investors. This is not the case with Bitcoin, as the system can work with practically any number of users. However, the network is stronger and more resilient when used by more people.\nIf Bitcoin is a Ponzi scheme, then all other forms of money were also initially developed as Ponzi schemes.\n\nMyth 8. Bitcoin Is Only Used for Illegitimate Purposes\nTruth: One of the fundamental values of Bitcoin is its resistance to censorship. As Elon Musk put it in 2014:“I think it’s primarily going to be a means of doing illegal transactions. But that’s not necessarily entirely bad. You know, some things maybe shouldn’t be illegal.”What is or isn’t a legitimate or legal transaction can change when moving between various jurisdictions, but Bitcoin is also used for completely legal purposes. Some people use Bitcoin to save 10-20 percent on purchases at Amazon, Starbucks and Target via Foldapp and Purse.io. Others see it as a valuable tool for cheaper international money transfers and remittances. Abra, Align Commerce and Freemit are three startups using Bitcoin to lower the costs of money transfers around the world.\n\nMyth 9. Bitcoin Is Anonymous\nTruth: Although Bitcoin is often referred to as the “anonymous currency of the dark web,” it is more correct to say that Bitcoin addresses are pseudonymous. This means that there is an identifiable address (or many addresses) for each user on the network, but no one necessarily knows who is behind each address.With Bitcoin, it’s important to remember that every transaction is recorded on a completely public ledger that anyone can view on a block explorer. A few blockchain analytics companies have popped up over the past few years, and they’re able to deanonymize large portions of the network.\n\nMyth 10. Bitcoin Is Completely Transparent\nTruth: It’s also a myth that Bitcoin is completely transparent. As mentioned in the above section, the true identities of the individuals or organizations behind specific Bitcoin addresses are not always known. There are also various privacy-enhancing services, such as JoinMarket, which allow users to enhance their privacy on the blockchain. There are also other enhancements, such as Confidential Transactions and Zerocash, that could come to Bitcoin in due time.",
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      "title": "Top 8 myths about Bitcoin",
      "body": "@@ -4594,18 +4594,16 @@\n hemes.%0A%0A\n-%0A%0A\n Myth 8. \n@@ -5415,8 +5415,1149 @@\n e world.\n+%0A%0AMyth 9. Bitcoin Is Anonymous%0ATruth: Although Bitcoin is often referred to as the %E2%80%9Canonymous currency of the dark web,%E2%80%9D it is more correct to say that Bitcoin addresses are pseudonymous. This means that there is an identifiable address (or many addresses) for each user on the network, but no one necessarily knows who is behind each address.With Bitcoin, it%E2%80%99s important to remember that every transaction is recorded on a completely public ledger that anyone can view on a block explorer. A few blockchain analytics companies have popped up over the past few years, and they%E2%80%99re able to deanonymize large portions of the network.%0A%0AMyth 10. Bitcoin Is Completely Transparent%0ATruth: It%E2%80%99s also a myth that Bitcoin is completely transparent. As mentioned in the above section, the true identities of the individuals or organizations behind specific Bitcoin addresses are not always known. There are also various privacy-enhancing services, such as JoinMarket, which allow users to enhance their privacy on the blockchain. There are also other enhancements, such as Confidential Transactions and Zerocash, that could come to Bitcoin in due time.\n",
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      "body": "@@ -2007,8 +2007,3418 @@\n s money.\n+%0A%0AMyth 5. The CEO of Bitcoin Was Arrested%0ATruth: When the general public reads about Bitcoin, the connection is often made with Silk Road or Mt. Gox. Many people actually thought it was Bitcoin that was shut down by the F.B.I. in 2013, and not the anonymous online black market (Silk Road); or that it was Bitcoin that collapsed in early 2014, and not the failed Bitcoin exchange (Mt. Gox). The inability to make the distinction between Bitcoin and the companies or services built on top of it has been a huge problem for the digital currency in terms of education.Because of this inability to distinguish between Bitcoin and Bitcoin companies, many people thought the CEO of Bitcoin had been arrested in the cases of Silk Road founder Ross Ulbricht, Mt. Gox CEO Mark Karpeles and BitInstant CEO Charlie Shrem. Of course, the reality is that there is no CEO of Bitcoin%0A%0AMyth 6. Bitcoin Mining Wastes Electricity%0ATruth: A recent report found that Bitcoin%E2%80%99s network hashrate could consume as much power as Denmark by 2020. Other reporters dispute this characterization, pointing out that Bitcoin uses the same electricity as the yearly consumption of 674.5 average American homes, two Amtrak locomotives or a California hydroelectric plant. Do these things waste electricity? It depends on your point of view. The reality is that the use of computing power serves a purpose in Bitcoin, which is securing all of the transactions on the network. If you don%E2%80%99t think Bitcoin is valuable, maybe that%E2%80%99s a waste. If you don%E2%80%99t think fiat currencies are valuable, maybe keeping the lights on at the Federal Reserve is a waste.Electricity-intensive Bitcoin mining is essentially a way to prove that someone has expended resources in hopes of getting a block reward and transaction fees in return for their efforts. Proof-of-work, as it%E2%80%99s called, acts as a prevention mechanism against Sybil attacks (forged identities) on the Bitcoin network. Waste? You decide.%0A%0A%0AMyth 7. Bitcoin Is a Ponzi Scheme%0ATruth: A Ponzi scheme requires an initial founder who persuades investors that they%E2%80%99ll make some sort of profit. There is no central point of power in Bitcoin, as it%E2%80%99s a decentralized system, so no promises of profits are made by the network.%0AA Ponzi scheme always requires new investors to pay off earlier investors. This is not the case with Bitcoin, as the system can work with practically any number of users. However, the network is stronger and more resilient when used by more people.%0AIf Bitcoin is a Ponzi scheme, then all other forms of money were also initially developed as Ponzi schemes.%0A%0A%0A%0AMyth 8. Bitcoin Is Only Used for Illegitimate Purposes%0ATruth: One of the fundamental values of Bitcoin is its resistance to censorship. As Elon Musk put it in 2014:%E2%80%9CI think it%E2%80%99s primarily going to be a means of doing illegal transactions. But that%E2%80%99s not necessarily entirely bad. You know, some things maybe shouldn%E2%80%99t be illegal.%E2%80%9DWhat is or isn%E2%80%99t a legitimate or legal transaction can change when moving between various jurisdictions, but Bitcoin is also used for completely legal purposes. Some people use Bitcoin to save 10-20 percent on purchases at Amazon, Starbucks and Target via Foldapp and Purse.io. Others see it as a valuable tool for cheaper international money transfers and remittances. Abra, Align Commerce and Freemit are three startups using Bitcoin to lower the costs of money transfers around the world.\n",
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      "title": "Top 4 myths about Bitcoin",
      "body": "There are many myths about cryptocurrencies and they are driven as much by marketing and myths as misinformation. Let’s debunk the most common misconceptions!\n\n![Top 4 myths about Bitcoin.jpg](https://cdn.steemitimages.com/DQmPUf253r8MJt6GUeUDPTVDUgDrsxJkKM2xDwXrmhwccQU/Top%204%20myths%20about%20Bitcoin.jpg)\n\n\nMyth 1: Bitcoin is not backed by anything, so it has no value\nTruth: There are varying opinions on this point. Some believe bitcoin’s scarcity is the main attribute that gives it value, while others claim bitcoins are useful because they are required to use the world’s most prominent and secure decentralized ledger. In fact, like all currency in the history of money, bitcoins are backed by confidence. (Also known as consensus.). By the way, gold is also valuable only because people agree that it is.\n\nMyth 2: Bitcoin’s price volatility makes it useless\nTruth: There are various mechanisms for using the Bitcoin network for payments while avoiding the volatility associated with the token of value. Some Bitcoin companies, such as Circle and Coinbase, allow users to store funds in U.S. dollars or other fiat currencies before making Bitcoin transactions on the user’s behalf.\n\n\n\nMyth 3: Bitcoin is used by terrorists\nTruth: Although Bitcoin is sometimes used for illegal transactions on the Internet, the reality is that the privacy issues related to the public blockchain make it a poor choice for terrorists. In the world of untraceable payments, dollar is still the king.\n\nMyth 4. It’s just fake internet money\nTruth: This fear tactic may have worked five years ago, but now that people are realizing Bitcoin is here to stay, we can expel this myth. Bitcoin solves a lot of problems traditional banking faces. For instance, Bitcoin can be used to send millions of dollars anywhere in the world in minutes. Plus, it’s backed by a strong community, and strong code. The world is realizing that Bitcoin isn’t a gimmick. It is a disruptive technology that is changing how the world transacts money.",
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      "title": "Why YouTube remove more than 8 million videos?",
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      "parent_permlink": "youtube",
      "author": "infinitystuff",
      "permlink": "why-youtube-remove-more-than-8-million-videos",
      "title": "Why YouTube remove more than 8 million videos?",
      "body": "![Why YouTube remove more than 8 million videos.jpg](https://cdn.steemitimages.com/DQmNjhn45Xxt93qH88czELzmdjTsG782wNiEJrCZ8ZUirpQ/Why%20YouTube%20remove%20more%20than%208%20million%20videos.jpg)\n\n\nIt’s first time, Youtube revealed a report detailing that videos are taken down due to violations of the platform’s policies and that’s really big number in last quarter of 2017 \nBut how did they decide to take down which video? \nIt’s Machine learning  technology played a big role ”The majority of these 8 million videos were spam or people attempting to upload adult content and represent a fraction of a percent of YouTube’s total views during this time period,” the post said. Of those 8 million videos deleted, 6.7 million were flagged by an algorithm and rest was picked by Youtube employees that they thought were not up to the community guidelines of the Youtube. And more than three quarters of those videos were taken down before they got any views. The majority were spam or porn.\nHere is full breakdown of videos that are deleted:\n•\tSexual: 30.01%\n•\tSpam or misleading: 26.4%\n•\tHateful or abusive: 15.6%\n•\tViolent or repulsive: 13.5%\n•\tHarmful dangerous acts: 7.6%\n•\tChild abuse: 5.2%\n•\tPromotes terrorism: 1.6%\nCompany Said “By the end of the year we are planning to refinr system and add additional data include data on comments, the speed of removal and policy removal reason   ”\nNo doubt, it is a great step Youtube has taken to combat negativity and remove the concerns of governments and public. But still, it demands a lot of effort to meet the ethical standards of the content uploaded to the platform and follow the Youtube’s community guidelines.",
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      "author": "steemitboard",
      "permlink": "steemitboard-notify-infinitystuff-20180706t013511000z",
      "title": "",
      "body": "Congratulations @infinitystuff! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :\n\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/votes.png)](http://steemitboard.com/@infinitystuff) Award for the number of upvotes\n[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/voted.png)](http://steemitboard.com/@infinitystuff) Award for the number of upvotes received\n\n<sub>_Click on the badge to view your Board of Honor._</sub>\n<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>\n\n\n\n**Do not miss the last post from @steemitboard:**\n[SteemitBoard World Cup Contest - Brazil vs Belgium](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-brazil-vs-belgium)\n\n---\n**Participate in the [SteemitBoard World Cup Contest](https://steemit.com/steemitboard/@steemitboard/steemitboard-world-cup-contest-collect-badges-and-win-free-sbd)!**\nCollect World Cup badges and win free SBD\nSupport the Gold Sponsors of the contest: [@good-karma](https://v2.steemconnect.com/sign/account-witness-vote?witness=good-karma&approve=1) and [@lukestokes](https://v2.steemconnect.com/sign/account-witness-vote?witness=lukestokes.mhth&approve=1)\n\n---\n\n> Do you like [SteemitBoard's project](https://steemit.com/@steemitboard)? Then **[Vote for its witness](https://v2.steemconnect.com/sign/account-witness-vote?witness=steemitboard&approve=1)** and **get one more award**!",
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      "body": "Nice blog... keep it up..",
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