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Last reply · posted in DISH Network Support Forum
Both DishNetwork (confirmed) and DirecTV intend to implement MPEG4 by Q4 of this year, 2005, at CES.

With the demise of VOOM I will soon be seeking an alternative feed. I wish to solicit DBS recommendations and observations pertaining to DirecTV and DishNetwork and their HD STB-DVRs regarding DBS HD and OTA HD and SD reception and performance.

I do realize the FCC and FTC process will require months of analysis prior to the approved transfer of assets, BUT I am concerned Cablevision board members will not continue to finance the day-to-day operations of VOOM until the authorization. My faith has been undermined by James Dolan and the Cablevision board, ignoring his father, Charles Dolan (75% shareholder of Cablevision and founder of HBO, Cablevision), and the realities of the impatient desires of instant return of capital investments in VOOM DBS; both HBO and CNN were also viewed as unlikely ventures by Wall Street in their inception as well. $1.4 billion investment in exchange for $200 million and the loss of competition, choice and some superb exclusive programming.

Both DirecTV and DishNetwork intend to increase fees 6 to 9% or more ASAP.

To the point…

Of primary concern are both DBS providers and their announcement of implementation of MPEG4 in Q4 of this year, 2005. I know the 921 STB-DVR from DishNetwork is only MPEG2 compliant and that the forthcoming 94x STB-DVR is also said to be only MPEG2 compliant. I am, as you can imagine, a little leery as to having to purchase replacement hardware in the very near future. I have no knowledge of DirecTV's DVR hardware although I am aware of DirecTV's intent to begin manufacturing and marketing their own DVR line ceasing their relationship with TiVo, as it stands today. TiVo will continue to be a viable option it's just DirecTV views the potential additional income from DVR fees too substantial to pass on. Comments...?

Postscript…

I neglected to mention the MPEG4 implementation would address, as it stands now, HD needs first. It is both cost effective and logical since it will free up substantial bandwidth for HD use and HD users represent a small enough customer base to facilitate migration, new STBs and STB-DVRs hardware, and will benefit immediately within a reasonable time-frame (Q4'05).

The phasing in of the SD should or logically could be implemented in a second phase since it constitutes the most aggressive part of migration and new hardware demands.

Current SD and HD STBs as well as SD and HD STB-DVR combinations cannot facilitate MPEG4 compliance with a simple software fix. It will have to be implemented through hardware and therefore will require new lines of STBs and STB-DVRs for both SD and HD processing.

Thank you again.
14 Replies · 4430 views
chewy
In the last 9 monthes.... I started with dish HD than cable HD than Voom and finally Directv..
By far Voom was the worst ...Directv by far is the best and will remain..
my opinion only

D* actually cares abuot their customers, the hands down reason they are the best
S
bradley said:
What DirecTV said, and I am paraphrasing here, they would stand behind their customers but they do not know what that will mean providing a "full replacement or partial." Well, your right; real stand-up guys.

Dish won't respond in writing and they are dumping the 921's for less than $500; down from $900. Most of us don't have $500 to throw around. I know I don't.

Look at DirecTV's phenomenal growth this quarter. Can anyone justify the rate increases? I assure you if VOOM had the ability to continue, viably, you would not be seeing any of this.

Prior to VOOM, I was a Dish customer since their inception for 7 or 8 years. That is, until Feb'04. I was deeply disappointed with support with repeated catastrophic hardware issues. They didn't stand behind their repeated PVR problems. And, I didn't jump at VOOM when the arrived first on the scene, it was five months after their inception. Dish drove me there. I had no service for over a month before my VOOM was installed. No OTA. Nada.

Don't get me wrong, VOOM had its problems, but they were not insurmountable.

What was unacceptable by Dish was they would not upgrade an inferior PVR, which they replaced, 3 times with a serviced one that only failed within months. It wasn't until I finally canceled they called and offered my original request, a 921 at no cost. By then the damage was done. I had been deeply inconvenienced, insulted and I wasn't about to give my business to someone who didn't take me as a customer seriously.

All I sought was honest service for honest money. That's all.

VOOM was in an initial growth period. Less than 16 months old before the board at Cablevision had a fire sale. Contrary to what anyone can and/or will say, VOOM was absolutely outstanding. Was it perfect? Hell, no! Far from it. But, the special interest programming such as GalleryHD, EquatorHD, UltraHD, WorldSportHD… all HD channels including STARZ, ENCORE, TMC CineMax and all their associated East, West feeds, etc.; was simply stunning.

As they say, you don't know what you had until it's gone. Funny how people comment on what they really have little knowledge of.

What killed VOOM was, through my experience, 1.) the installation process and 2.) the lack of real experienced managers at the helm. The simple fact the cart was before the horse. While Installs, Inc., through my personal experience, churned and churned installations with constant disappointing unskilled sub, and subcontracted installations they slowly but surely drove away customers by not using proper cost effective antennas and pre-amps to capture OTA signals, and undersized dishes.

It's horrible to watch a sinking ship and know how you could have possibly saved it

Both DirecTV and Dish after an entire year have made no significant headway in HD programming and as I see it insulting as HD programming should be defined as a premium when the FCC defines HD as the driving standard.

The questions I addressed are there along with my concerns. They are observations attached to questions designed to avoid the obvious answers that always seem to accompany vague questions.

Inclosing, if there are those who feel it is all right to purchase MPEG2 compliant receivers and DVRs with the possibility of a chastised discount, then excuse me for caring.

I tried to be clear and to the point instead of vague and unobtrusive.

If my my intentions are misguided and perceived as spam…

What is the purpose of participating in these forums if there will be those who assume everybody knows everything already? Just because you were lucky enough to have read the right thread at the right time as well as know exactly where the answer lay without having to read through countless meaningless posts?

How so very, very fortunate for you.

Perhaps you could have politely passed up the post by some who asked politely in multiple forums, and yet had the insight to point to a thread elsewhere instead of writing the question over and over again. Yes?

Once again, thank you for your understanding.

Sorry but you're looking at this entirely from the customer's point of view and not from a business point of view. In the business point of view, you don't just try to satisfy customers to keep revenue in as shareholders and board of directors are who control the company. It's a lot more complex than how simply you put as bad customer service and what's lacking and what not. What I do give you in credit is that you've been a customer for a good while and know what you want.

What I can say about all three companies is that out of all three, E* makes the highest profit, D* gives the best customer service, and V* can't make profit nor attract new customers. D* has more customers and will keep that lead for some time to come only because they do all they can to keep a customer (i.e. give TiVo's, dish upgrades, and repairs for free if you threaten to cancel). But that's not the best way to be profitable since you can't always try to satisfy the lowest common denominator. Say what you will, but without News Corp.'s deep financial reserves DirecTV may end up like V* in due time.
truckracer
calm down elstevo

I think the multiple posts are good. We all need the info, this is our hard earned money we are talking about here.

Elstevo seems to have a problem feeling like the post is a personal attack on him. I have read the posts over and over and can find no way to interpret them as any personal insult on elstevo.

I think elstevo had a bad day and is looking to vent on someone :confused:
Stargazer
A company with fewer customers being able to make more money while still willing to upgrade receivers for the customers and give great promotions makes the fewer subscriber count not look as bad.
C
What DirecTV said, and I am paraphrasing here, they would stand behind their customers but they do not know what that will mean providing a "full replacement or partial." Well, your right; real stand-up guys.

They probably don't know what they are going to do, D* and E* are probably both waiting to see what the other company is going to do and figuring the cost of such an upgrade.

Dish won't respond in writing and they are dumping the 921's for less than $500; down from $900. Most of us don't have $500 to throw around. I know I don't.

They are trying to push those 921's out the door, make business sense if they will be obsolete soon.

Look at DirecTV's phenomenal growth this quarter. Can anyone justify the rate increases? I assure you if VOOM had the ability to continue, viably, you would not be seeing any of this.

E* rates went up, so D* did the same. That is their justification. Voom had very little effect on E* and D* IMHO. The amount of VOOM subs is a small percentage of what the big boys have.

Prior to VOOM, I was a Dish customer since their inception for 7 or 8 years. That is, until Feb'04. I was deeply disappointed with support with repeated catastrophic hardware issues. They didn't stand behind their repeated PVR problems. And, I didn't jump at VOOM when the arrived first on the scene, it was five months after their inception. Dish drove me there. I had no service for over a month before my VOOM was installed. No OTA. Nada.

A big company trying to save a buck. Not uncommon these days. Voom had customer service issues as well.

Don't get me wrong, VOOM had its problems, but they were not insurmountable.

Sounds like VOOM was a good fit for what you needed.

What was unacceptable by Dish was they would not upgrade an inferior PVR, which they replaced, 3 times with a serviced one that only failed within months. It wasn't until I finally canceled they called and offered my original request, a 921 at no cost. By then the damage was done. I had been deeply inconvenienced, insulted and I wasn't about to give my business to someone who didn't take me as a customer seriously.

Should have used the I'm going to cancel thing earlier. Swallowed your pride and said "OK give me the 921". They want you as a customer, but they want you to just pay your bill each month and not need anying--a money generating customer.


All I sought was honest service for honest money. That's all.

Don't we all.

VOOM was in an initial growth period. Less than 16 months old before the board at Cablevision had a fire sale. Contrary to what anyone can and/or will say, VOOM was absolutely outstanding. Was it perfect? Hell, no! Far from it. But, the special interest programming such as GalleryHD, EquatorHD, UltraHD, WorldSportHD… all HD channels including STARZ, ENCORE, TMC CineMax and all their associated East, West feeds, etc.; was simply stunning.

Once again, sounds like VOOM was a good fit for what you needed. For a lot of people it wasn't a good fit. I'd have to also have E* or D* to get all the channels my family views. Cost prohibitive.

As they say, you don't know what you had until it's gone. Funny how people comment on what they really have little knowledge of.

VOOM didn't have a chance. They did mess-up a lot of things, but so has E* and D* and they made it. VOOM was too early and wasn't a complete solution for many people...didn't have all the channels. I can't get Locals OTA and the only options used to be cable. Now E* and D* offer locals, but not VOOM. As well as other channels. I've watched VOOM and it's great. However, I want to watch the channels I already watch...not new content. If they somehow offered my current channels in HD they sure I'd be on VOOM.

What killed VOOM was, through my experience, 1.) the installation process and 2.) the lack of real experienced managers at the helm. The simple fact the cart was before the horse. While Installs, Inc., through my personal experience, churned and churned installations with constant disappointing unskilled sub, and subcontracted installations they slowly but surely drove away customers by not using proper cost effective antennas and pre-amps to capture OTA signals, and undersized dishes.

All of that hurt, but that's after they lure in customers. I want HDTV programming and didn't want VOOM because I'd have to also have E* and D*. Let alone the vast majority that doesn't have HDTV television sets yet. They have to have X amount of customers to survive.

It's horrible to watch a sinking ship and know how you could have possibly saved it

Aside from a big explosion in HDTV programming and HDTV television owners nothing was going to save it IMHO.

Both DirecTV and Dish after an entire year have made no significant headway in HD programming and as I see it insulting as HD programming should be defined as a premium when the FCC defines HD as the driving standard.

As a business they don't need to. I'd like to see a few more channels in HD, but the channels aren't being offered in HD anywhere yet that I want.

The questions I addressed are there along with my concerns. They are observations attached to questions designed to avoid the obvious answers that always seem to accompany vague questions.

Sometimes the answer is obvious, just not obvious to everyone.

Inclosing, if there are those who feel it is all right to purchase MPEG2 compliant receivers and DVRs with the possibility of a chastised discount, then excuse me for caring.


The people that know better won't do it. I know lots of people that in the last few months have purchased 'big-screen' TV's that aren't HD (they are really cheap, just ask them). I know better. To those that purchased MPEG2 receivers for big dollars before the talk of MPEG4, well 'stuff' happens and I hope they hook you up with a compatible receiver for cheap.

In closing :) , business is business. A business must make a profit to survive. VOOM couldn't make money on the HD thing. Both E* and D* watched them go down and probably don't want to do the same. HDTV will be rolled out as the sat company's profitable business model allows them. If Charlie could make money on it, he would add some more HD channels. Although it doesn't make me happy, business is business. If suddenly D* added some good HDTV channels AND E* HDTV subs started switching over to D* I'm sure you would be amazed how fast he would add some HDTV programming. Most of what you want to know, we all want to know. My crystal ball tells me that we will all have to wait and see what happens. Announcements of plans to implement X, Y, and Z don't mean much to me.
osu1991
Pub Member / Supporter
Last reply · posted in The Chit Chat Club
:mad::mad::mad::mad:

Pissed off at the crappy healthcare costs

My health Insurance renewal for 2027 just came in. Going from $827 a month to $1,187 a month. Deductible going up a $1k to $9,350. Max out of pocket also going up $1k to $11,000. Doctor co-pay of $40. Urgent Care co-pay $50. ER 50% coinsurance after deductible. That's all in network. Out of network is double, should it be needed.

Have to think about this. I'm really tempted to just go without now. I only go to the doctor once or twice a year. I pay out of pocket for Tirzepitide and can do without the Rosuvastatin (crestor) now. Really tired of spending over $10k a year and getting nothing out of it.

After years with Blue Cross I switched last year to Ambetter as my Blue Cross premium was going from $1200 to $1800 for a Silver plan and the Bronze plan was still going to be $1300 at BCBS. Ambetter was $827 for the same coverage with a Bronze plan. Didn't think it would jump this much so soon.

I'm guessing a Silver plan is probably over $2,000 a month for 2027.
8 Replies · 68 views
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b4pjoe
Pissed off at the crappy healthcare costs
Are you employed with no work insurance or that is what you are paying for your workplace insurance? Or is that through Healthcare.gov? Retired? Eligible for medicare?
vazhog
that cut is only for illegals to get off the rolls and I was being sarcastic before -
T
The 2030s will likely bring renewed health reform
osu1991
Are you employed with no work insurance or that is what you are paying for your workplace insurance? Or is that through Healthcare.gov? Retired? Eligible for medicare?
Started my own business in 2006, been self employed for 20 years this year.
meStevo
that cut is only for illegals to get off the rolls and I was being sarcastic before -

Even sarcastically it's wrong. Undocumented immigrants already weren't eligible for federal Medicaid, so there's no one to "get off the rolls." The immigrant-related pieces are a small part of the ~$1 trillion. They cut the federal match for emergency care from 90% to the state's regular rate and end eligibility for some lawful immigrants like refugees. Most of the "savings" come from work requirements, more frequent eligibility checks, and provider tax limits, which hit citizens.

Either way, the cost doesn't disappear. It shifts to states, hospitals, and everyone else's premiums and will only serve to make issues like those raised in this thread worse.
Scott Greczkowski
Staff member HERE TO HELP YOU! Cutting Edge
Last reply · posted in The Chit Chat Club
Sometimes a thread gets so many posts in it that is can cause issues for the server so that why today we introduce The Song Name Game Part 3!

So let the game continue!

The last song was added by Bobby who posted...

One Meat Ball - Andrews Sisters

CONTINUE ON AND HAVE FUN! WELCOME HOME TO SATELLITEGUYS.US!

Here are the original rules for the game as posted by WebbyDude back in 2006. http://www.satelliteguys.us/threads/68645-Song-Name-Game

Just name a song title and the band who performed it. The next person does the same thing, but needs to list a song title or band name which includes a word from the previous entry. Pick songs from any genre.

Example:

Long Live Rock and Roll -- Rainbow

Rainbow in the Dark -- Dio

Another example:

Ride the Lightning -- Metallica

Lightning Strikes -- Ozzy Osbourne


Get it?


An additional note: we all know that song titles, sometimes, use profane words. Because this is a family friendly website it is advised that you clean up that title up a bit. This is accomplished by using something like sh!t instead of the real word. Thanks....
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gms49ers
Hear Me Calling - Ten Years After
sdfntx
I Can Hear You Calling - Three Dog Night
gms49ers
Can't You Hear Me Knocking - The Rolling Stones
long_time_Dish
I Can Hear Music - The Beach Boys
dishstaller
Boom Boom ( Out Go The Lights ) - Pat Travers
dfergie
Staff member HERE TO HELP YOU!
Last reply · posted in What's Cooking?
We have a Breakfast and Dinner thread so... :)
Continuing from the Breakfast thread, found Cornbread mix so ...
Yellow Cornbread Mix
2 Hatch Green Chiles -diced
1 Egg
2/3 cup of milk
add to greased pan
Bake for 400f 20-25 minutes(From instructions)
now to put together and try... this to go with pinto beans...
5450 Replies · 336187 views
dfergie
Chili dog bowl, water… (homemade chili)
TRG
TRG
Leftover wanton soup and pork fried rice. Water.
dfergie
IMG_5955.webp

Sweet tea…
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TRG
TRG
Tuna salad sandwich on toasted honey whole wheat bread with a handful of kettle chips. Water.
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TRG
TRG
Breakfast for lunch. Crispy corned beef hash, home fries, two over easy eggs and sourdough toast.

1653.webp
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dfergie
Staff member HERE TO HELP YOU!
Last reply · posted in The Sports Section
160 Replies · 3632 views
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Foxbat
Weird F1 weekend is already over with a Saturday race.
dfergie
Tried to watch the truck race but the stage c**p is why I don't watch NASCAR anymore…
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Y
Today is the anniversary of Dan Wheldon's passing at Las Vegas in a dreadful crash that luckily didn't take more drivers' lives. I vaguely remember the crash, but I more strongly remember Paul Tracy trying to keep it together as he left the Medical Center knowing that Dan most likely wasn't going to.

The safety in these vehicles is beyond incomprehensible, especially relative to what it was 60 years ago, when dying wasn't unexpected. But it is still very dangerous. I always scoff at the prayer invocations, but never scoff at the risks these drivers take and the emergency workers out there who might need to pull short of a miracle to save a driver's life.
Tried to watch the truck race but the stage c**p is why I don't watch NASCAR anymore…
HBO Max has the live in car streaming without commercials, which provides an interesting take, but you are driving blind, knowing only what the team is telling the driver about what is happening on the track. The stages definitely ruin the NASCAR set up.
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Y
NASCAR is an abject mess, but at least it has Kyle Larson. Guy had the lead on the green/white checker, fell back to 12th or the like, kept his cool, and charged back to win with room to spare at the line. And win very cleanly!

NASCAR needs to stop racing at Talladega. Especially if they are going for elderly Sunday drives at the track! Stage racing is real stupid, but NASCAR should consider one half point a second per group gap as a bonus.
Tom Speer
Staff member Pub Member / Supporter Cutting Edge
· posted in DIRECTV General Forum
If you are a former Cuttinge Edge member who has converted to Stream, please contact me.
0 Replies · 15 views
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M
Last reply · posted in DISH Network Support Forum
Over the past few weeks, I have had problems connecting to streaming services (Netflix, HBO et al). When I go to the TV's native Channels, I have no problem. The Dish internet troubleshooter shows I have a good internet connection. I'm wondering whether it's an issue with my internet provider or a problem with the Dish software on the Hopper Plus. Anyone else seeing this?
7 Replies · 291 views
Almighty1
Over the past few weeks, I have had problems connecting to streaming services (Netflix, HBO et al). When I go to the TV's native Channels, I have no problem. The Dish internet troubleshooter shows I have a good internet connection. I'm wondering whether it's an issue with my internet provider or a problem with the Dish software on the Hopper Plus. Anyone else seeing this?
I have a DISH Hopper 3 (Software H713) with Hopper Plus (Software P15403). I have not tried streaming services but I primarily watch TVB Jadeworld international package which is only available by streaming and when I have an issue, I usually have to go to a non-streaming satellite channel first before the streaming channels will work again. What software versions do you have and what is the error message if any are showing on your screen? or is that Dish downloading logo just stuck and never finishes?
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M
I have a DISH Hopper 3 (Software H713) with Hopper Plus (Software P15403). I have not tried streaming services but I primarily watch TVB Jadeworld international package which is only available by streaming and when I have an issue, I usually have to go to a non-streaming satellite channel first before the streaming channels will work again. What software versions do you have and what is the error message if any are showing on your screen? or is that Dish downloading logo just stuck and never finishes?
I'm on H713 on the Hopper and P15403 on the Hopper Plus. It shows internet connection issues and doesn't finish loading the various services. I see the "loading circle going around. Sometimes I get a message saying that the service is having trouble loading my content and to check the internet connection.
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Almighty1
I'm on H713 on the Hopper and P15403 on the Hopper Plus. It shows internet connection issues and doesn't finish loading the various services. I see the "loading circle going around. Sometimes I get a message saying that the service is having trouble loading my content and to check the internet connection.
Did it ever work correctly before? Hard to say what the problem is. Usually for streaming, it will show the Dish logo with lines sweeping down to show downloading, never seen the circle issue. Did you try a manual reboot, red button reset, power cord unplug/replug to see if it makes a difference.
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S
Did it ever work correctly before? Hard to say what the problem is. Usually for streaming, it will show the Dish logo with lines sweeping down to show downloading, never seen the circle issue. Did you try a manual reboot, red button reset, power cord unplug/replug to see if it makes a difference.
Might be worth just to ditch the hopper plus. No issues here on h713
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S
Over the past few weeks, I have had problems connecting to streaming services (Netflix, HBO et al). When I go to the TV's native Channels, I have no problem. The Dish internet troubleshooter shows I have a good internet connection. I'm wondering whether it's an issue with my internet provider or a problem with the Dish software on the Hopper Plus. Anyone else seeing this?
Buy a roku and dump the hopper plus you'll be better off. If you have a smart tv you don't need either one. No hopper plus here and no issues!!!
Almighty1
Might be worth just to ditch the hopper plus. No issues here on h713
I have a Hopper Plus and no issues either. charlesrshell has both a Hopper 3 with Hopper Plus and one without, he doesn't have the same issue. Before blaming it on the Hopper Plus, he should see if the problem still exists without the Hopper Plus connected as it could be the Internet connection itself or some setting in the router itself. There is someone in another thread who has EHD issues on the Hopper 3 only setup but does not have the EHD issues on the Hopper 3 with Hopper Plus and he has already tried swapping the EHD and it did not make a difference so like the saying, YMMV.
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Almighty1
Buy a roku and dump the hopper plus you'll be better off. If you have a smart tv you don't need either one. No hopper plus here and no issues!!!
The Roku costs $$$, Hopper Plus is free. That may not be the only costs as it depends if the TV in question still has available HDMI ports and if not, it will require a HDMI switch and HDMI cable which adds more to the cost.

I have a LG 3D OLED Smart TV and I still need either of them because it does not have Android TV built in. Add a Hopper Plus and see if you actually have issues or not as until you actually tried it, it means nothing.
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dishstaller
Pub Member / Supporter Lifetime Supporter
Last reply · posted in The Chit Chat Club
This should hit a lot of folks with a dose of reality. I can only imagine how much more common this will get as AI progresses.

I read several stories on this and most are clear as mud. They say a lot of the stolen bitcoin has been "locked out" and that everyone will be made financially whole. I guess time will tell if either of these statements are actually true.

5 Replies · 63 views
harshness
They say a lot of the stolen bitcoin has been "locked out" and that everyone will be made financially whole.
The "Secure Asset Fund" had about $1 billion in reserves... in Bitcoin.

The fund started in 2018, so it may take a while to make investors whole, much less replenish the fund.
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dishstaller
The "Secure Asset Fund" had about $1 billion in reserves... in Bitcoin.

The fund started in 2018, so it may take a while to make investors whole, much less replenish the fund.
That's kinda what I was seeing but all the news reports are suggesting that all investors will be made whole immediately.
The other thing they weren't clear about was the BTC that was "locked out" of the system. I guess that means that the stolen BTC is basically worthless now because I don't see how it could be replaced....but there is a LOT about the crypto world that leaves me scratching my head.
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harshness
This is what scares me about cryptocurrency: there doesn't seem to be any oversight.

It seems more like politics than investing.
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meStevo
A few clarifications... the ~$3B "locked" was mostly stablecoins (USDT/USDC). Tether and Circle can blacklist their own tokens, which makes those worthless to the thief. Bitcoin and ETH have no issuer, so they can't be frozen. That's the ~$2.4–3.3B the hackers still have, so the stolen BTC is very much not worthless to them. It was also spread across 10 blockchains, not just bitcoin. On getting made whole: SAFU is ~15,000 BTC (~$1.2B), and Binance says it'll cover the rest from company funds. Analysts don't see it as a solvency problem, and withdrawals are expected back within days.

The attack was pinned on North Korea's TraderTraitor group via a compromised engineer laptop. Like many hacks and compromises, that's old-school social engineering, not AI.

This is what scares me about cryptocurrency: there doesn't seem to be any oversight.

It seems more like politics than investing.

That's the tradeoff stablecoins make - a central issuer that can freeze funds, which is why half the loot got stopped. Bitcoin and ETH have no one in charge, so nobody can reverse a theft, but nobody can freeze your coins either. Stablecoins trade price volatility for trusting a central issuer.
dishstaller
That's the tradeoff stablecoins make - a central issuer that can freeze funds, which is why half the loot got stopped. Bitcoin and ETH have no one in charge, so nobody can reverse a theft, but nobody can freeze your coins either. Stablecoins trade price volatility for trusting a central issuer.
Thanks....that fills in some of the missing pieces.
Why some of the money could be locked and the rest not was a gigantic hole is every story I read. I thought "well if they can lock up stolen BTC, then why couldn't they do the same thing to BTC that is used for ransom or some other illegal activity?". NOW I understand.
I miss the days when you could read a news story and now walk away with more questions than answers.
TWiT Tech Podcast Network
· posted in TWiT Tech Podcast Network
0 Replies · 10 views