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121  Bitcoin / Bitcoin Discussion / Re: Blockchain technology has the potential to transform government on: February 21, 2024, 07:26:09 PM
Blockchain is a decentralized network to be made of data records or "blocks" which can't be limited by one person , every block of a chain has many transaction records in blockchain network, it's helps bring about,secure payment,verify data ,and prove that digital is real.

   Using blockchain technology ,it improve alot of trust and security when you can't change and verify records of transaction which can be used in combination by authorized agencies like land use registry medical records keeping safely,it also stops fraud , corruption and tempering e.t.c from happening.

   Blockchain technology has the ability to transform government sector that is e-govt,e-voting,e-identities,e-documents and promotes transparency in grants disbursement.
122  Local / Off-topic (Naija) / Re: Pls, let be aware of Sportybet balance adder scam…. on: February 21, 2024, 06:22:02 PM
Sportybet is a trusted betting platform,but scammers are using it to steal money from people that are not aware of their dubious way.

   A sportybet balance adder is a software that is used to have to add money or increase the amount of a sportybet account ,using this software is wrong and not legal,it also violate the rules of services of sportybet. There is no app for sportybet balance adder and so if you see it ,know that these apps are scams that gives you impression of adding money into your sportybet account instead they steal your money and personal details.

   When you see sportybet balance adder apps avoid them,they are not trusted but risky to your personal details .
123  Local / Politics and society (Naija) / Re: The cause of inflation on: February 20, 2024, 10:30:45 PM

   The main cause of inflation in Nigeria is the devaluation of Naira because it lead to higher cost of importation fees that spreads through the economy of the nation which will now affects production cost,demand and supply, because of this action,it increases machinery cost, fertilizer and other farming materials for farmers and then increase in food price and other commodities.

   Inflation also can happen when there is a rise in price because of increase in production cost like raw materials  and  salaries  also when there is a hike in demand and services can lead to inflation since consumer will want to pay more for that products.

   Inflation is very high because of the labor market practicing strict economy in 2021and 2022 hard inflation was high at the ratio of unemployment to job vacancies was at the high side.
124  Local / Off-topic (Naija) / Re: How do u handle rumours? on: February 20, 2024, 09:52:02 PM
   In order for you to handle rumour properly,one have to give only the detailed information without repeating the wrong information itself ,don behave as if you know all about the rumour by taking it personal and, act quickly and find the root of the rumor , reach out to everyone if the rumor is false or not and you should realize that it will take alot of time before the rumor stop.

   When you want to stop rumor, you should behave and react wrightly, when questions are being asked,answer them not keeping quiet. Do not allow others to see you how you feel or being aggressive about it, avoid quarrelling or fighting when the rumor is at its peak,and look for any adult or person in authority to assist also you just have to be old enough to handle the issues yourself, which you have to find out what leads to it and stop it,tell them it is not true if possible and open up the rumor, look for where it started from and address it and relax.
125  Other / Beginners & Help / Re: [Merit] Share your best posts/threads with Fillippone to be merit assessed on: February 20, 2024, 05:45:09 AM
Round: 4

1. Re: The Global Impact of Bitcoin Remittances
Category: suggestion & opinion
Board: itcoin Discussion

2. Re: When will Bitcoin catch up with Gold in
Category: suggestion & opinion
Board: Butcoin Discussion

3. Re: What does BTC mean to you?
Category: suggestion & opinion
Board: Bitcoin Discussion

4. Re: I want to know more about Wallet address poisoning
Category: suggestion & opinion
Board: Beginners and Help

5. Re: Limitations or scalability issues with the Bitcoin
Category: suggestion & opinion
Board: Bitcoin Discussion.

126  Bitcoin / Bitcoin Discussion / Re: What are the rules for finding wallets on: February 18, 2024, 09:57:19 PM
   Finding your lost wallet is not always easy,but if lucky, you have to use the Bitcoin recovery services and you have to give every detailed information about your lost wallet,like your public key or seed phrase and ones these information get to them,they will help you recover your Lost, but Bitcoin transactions are not reversible and as soon as money is being sent into a wallet, it is the person with the private key of that wallet will have access to the fund ,but if it is the private key or wallet that is lost,there is no way of recovering the funds.

   In searching for your lost wallet,you have to check for your backups, check through your computer's, desktop and drive,ask for help,retrace your steps and check any recovery tool around you .
127  Local / Off-topic (Naija) / Re: Life is precious on: February 17, 2024, 11:46:49 PM
People no suppose to dey do all these kind things again,the hard times no be only you ,her own better she get job what  about people wey no dey work wetin make dem do , e never sure for you no be the end of the road now God wey create you come this life no do mistake now so make we dey patience for him blessings, the other people wey your life better pass their own nnkor dem still dey hopping say e go better one day ,and make we dey pray na only God go fit do am .
128  Local / Off-topic (Naija) / Re: The Nigeria system of education how it’s affecting the youths of today on: February 17, 2024, 11:10:01 PM
This is one of the biggest problem in Nigeria,i don't know what the education sector has done to our leaders is like the don't want us to go to school again ,there have been no concern at all towards building these sector.i think to find a solution to this problem is to stop their children from participating in NYSC in Nigeria  which will render the certificate useless  and the ones in private schools should not go to service but wait until there set are going . The whole truth is corruption our lecturers  are also not helping because if they are doing the right thing,it would have been helpful for the suggestion.
129  Local / Politics and society (Naija) / Re: The cause of inflation on: February 17, 2024, 12:58:33 AM

   We no know wetin dey cause inflation,if we ask dem go say na dollar dey rise ,are we spending dollar in country? Y dem go tell us say na dollar, so they beaure de change sef dey complain of shortage,so na wic way we wan go for this country

    Dem say na our local production go make life cheap,say importation cost now wetin dey happen, nobody dey talk again,our oga at the top no see any talk or do,the 36 governors we him invite still no better outcome say him no go allow importation for food but make we grow our local crops.

   The tin be say dem no send the citizens wether we survive or not e no consine dem , because dem no get anything to offer. May God help and save Naija Amen.
130  Local / Nigeria (Naija) / Re: Bitcoin will conquer fiat the same way fiat conquered trade by barter. on: February 17, 2024, 12:00:41 AM

   Yes Bitcoin can because it's first and easily used is as a digital store value and it's way of exchange for digital currency and online currency.

   The barter way has to do with direct exchange of goods and services among t logowo persons without any form of money coming between them.
   Money is a  way of exchange that is recognize value which was accepted in other for people to trade their products and services easily with one another .

   The barter system in Bitcoin now is the method of buying and selling goods and services in a digital currencies such as Bitcoin or Ethereum . Cryptocurrency is the new money of our time ,that is the new evolution of money .

.
131  Local / Nigeria (Naija) / Re: BITCOIN'S PRICE VOLATILITY 😮😮 on: February 16, 2024, 11:22:52 PM

   Bitcoin is volatile in price and it's not controlled by unexpected change and high movement of price, either upward or downward, it's price movement first,is  thoroughly for traders and investors expecting ever rise in price for more wealth.

   Bitcoin price is volatile because of the demand and supply and the way investors behave toway the increase,news and regulatory actions, and the real difference between Bitcoin and other prices in terms of investment is the length at which the price changes.
   
132  Local / Politics and society (Naija) / Re: The need to acquire an asset now on: February 16, 2024, 10:51:26 PM


   To get asset no be bad thing,but na how, if no be  Bitcoin wey we all dey, na how you for start am because the country no dey help na only belle we dey  run after , imagine other youths or people wey never hear of Bitcoin,na how dem wan cope because to get your own  assets you need to get your own company and e cost, you need to know how dem dey run the company  well,well and get good person wey you go fit trust to buy  things with you wey go make you get more money and the business go run well well. For you to allow your money make more money, for you,na him be the best tin for you.

   You know say asset give you economic or good money for business. We get asset for our tomorrow during old age so that we go see food eat and dey happy with ourselves,to build our economic of scale for old products and service line and reduce competition e good make we start now.
133  Local / Nigeria (Naija) / Re: How dollar rise take affect the prices of things? on: February 15, 2024, 09:20:34 PM

   E dey affect because na the same Naira we dey spend for the country. See o ,who dey sell or do garri go wan buy iced fresh fish, chicken,or tin/sachet tomatoes,and the prices for all these things don go up , how him go do take meet up so that him and him family go eat,na to put money for the garri or indomine wey him dey sell or produce,so that e go fit buy fish and chicken wey the price don cost to eat ,na so e b for who dey village too, because wen them sell their market e no go worth the money wey dem go take buy wetin dem go eat,   abi na transport wey don go up? dem must meet up, na him make price increment dey affect everything and everybody .
134  Bitcoin / Bitcoin Discussion / Re: When will Bitcoin catch up with Gold in capitalization? on: February 15, 2024, 08:44:14 PM

   Bitcoin is usually compared to Gold because  of its essential ways and qualities which makes it to be a strong store value especially when it is very small in supply, Bitcoin is good in every aspect because of its digital network,as a store value,medium of exchange,easy to secure and transport and can be used to pay for goods and services. Nevermind we believe that Bitcoin will catch up with Gold, for now Gold has a bigger market cap than Bitcoin,the good chance for advancement to put aside the rare metal area in portfolios can chase the Bitcoin amount to increase.
135  Bitcoin / Bitcoin Discussion / Re: What about the lost BTC? on: February 15, 2024, 08:11:18 PM

   Bitcoin creator has Satoshi has made it clearer from the beginning that passwords and private keys should be kept properly because Bitcoin has no where to store , provide and retrieve passwords and so the ironkey allow users to guess upto ten times before permanently removing it's content.

   This means that if your Bitcoin wallet is lost it's gone forever can't be retrieved which makes it not accessible and the lost Bitcoin will stay in the block chain and nobody can use it.
136  Local / Nigeria (Naija) / Re: Why Security first before acquiring bitcoin on: February 15, 2024, 12:55:12 PM
   In any place or agencies,the issue of security is very important likewise Bitcoin your privacy and security show be what you think about first in the Bitcoin industry the security depends on you , on how you protect your private keys and sending it to a public address ,you  also need to use hardware wallet to secure your private keys, essentially USB having extra built-in security, Bitcoin security is so strong that it can't be tempered with because it uses elliptic curve cryptography and the secured hash algorithm 256 to produce public keys from  relating private keys .
137  Bitcoin / Bitcoin Discussion / Re: How do cryptocurrency increase the standard of living on: February 15, 2024, 11:16:35 AM

   Cryptocurrency give financial autonomy to ever individuals and increases the liberty to money services which can be though as a way of growth assistant method in countries that are still growing,it also will increase the welfare of the people by reducing the cost of transaction, quick and not expensive compared to traditional banking system .

   Cryptocurrency free money from the government control or financial institutions which means it is not monopololised, it also gives financial services to the population globally.
138  Other / Beginners & Help / Re: I want to know more about Wallet address poisoning on: February 14, 2024, 01:03:48 PM
   Address poisoning also known as spoofing is an attack vector based on the carelessnees of the users that a scammer tries to steal from a crypto wallet owner by sending money money into the scammers address some of these scammers  watches a block chain for transactions, which they will now send a little quantity of crypto to a similar address like the original ,and when the real owner want to send more crypto, they will unknowingly use the wrong look alike address.
  
   The reason why they succeed is because of the human error involved like not carefully checking your full address before sending crypto and immediately it's sent to wrong address no more return. In other to avoid these always double click your address before sending.
139  Bitcoin / Bitcoin Discussion / Re: Cashless Socity and Contribution of Bitcoin! on: February 12, 2024, 10:48:56 PM
   The purpose of Bitcoin is to create trust and accept transaction around the world ledger particularly when there is no need for third party . The act of cryptocurrencies in a cashless society gives a change totally and move very great amount of change in future for investors.
   Cryptocurrency allows several person to pass through the global economy, by passing through traditional banking system bringing low remittance costs,it also gives decentralized way to transaction data.
140  Bitcoin / Bitcoin Discussion / Re: New Concern Regarding the Future of Bitcoin and Crypto Industries ! on: February 12, 2024, 09:35:35 PM
   Bitcoin serves as a new type of valuables which is wordy to note and necessary to test  the producing monetary rules on it which might be making it easier.

   Cryptocurrency have draws a overall quality as  a likely to change investments because of the high  investors losses because of scams,hacks,votality and buy, most crypto demand very high energy and there is a good chance that crypto mining will have to need alot of energy to work. according to some professionals they have the faith that in future block chain and other known technologies will break apart many industries with law and finance.

   Bitcoin and cryptocurrencies has made a  new confrontation for the government and central banks,the rising fame and high range of market votality have increase the point of digital valuables.
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