We also have a pretty decent Local [1] section where people from different countries and languages can go to in order to ask their questions in their native languages. The other OP post shared above by @ETFbitcoin looks to be in French and the French section of the forum [2] looks massive and active.

[1] https://bitcointalk.org/index.php#5
[2] https://bitcointalk.org/index.php?board=13.0

Seed phrase is also known as "recovery" phrase which indicates one of its purposes. In other words it is meant to be used in case for example you forgot your encryption password or lost the wallet file and wanted to recover your funds.
So with or without using a password to encrypt the wallet file you can always recover the same keys using that seed phrase.

P.S. You may be confusing the password used for wallet encryption with the "password" used as the 13th word in mnemonic algorithms. In the second case, despite the name "password" it does not encrypt anything, it is acting like an extension to derive a different master key from the same seed. In this case you do need the password to recover the funds and having the seed phrase alone is not enough.

That's true, there are pros and cons to this method too.
But also sometimes there are cases where you already have funds on different exchanges, like having some bitcoin and dollars on Coinbase for your bitcoin trading where you've also linked your bank account then also having some altcoins and tether on Binance for your altcoin/token trading.

Maybe but the certain thing is that US will become a normal country.

Well many of these countries with enormous power and resources have existed for thousands of years before United States was even invented. For them it would be like going back to factory settings...

I'm not predicting anything but same thing was said about a lot of other industries and countries. Like the Automotive Industry. It was once dominated by United States alone like in the 50's. Everywhere in the world the names like Ford, Cadillac, Chevrolet, etc. were heard. Today those are mostly a thing of the past as they are replaced by Toyota, Nissan, Mazda (Japanese), BMW, Audi (German), and of course the Chinese cars that are flooding US itself some like Buick under disguise of familiar names.

For example the Japanese automotive industry that is huge today, was once so tiny they would only produce a hundred or so cars and they were all "counterfeit". In early 50's with no infrastructure and no technology Japanese were basically copying American cars and were building cheap knockoffs.

In other words "counterfeiting" is not a culture, sometimes it is a step in the big journey.

These are good points and I agree, Apple is not going to see any catastrophic decrease of sales in near future but as I said above, Caddies were once "cool" too.


I never claimed it was a country-wide ban, I said "restricted the usage" without being specific because the degree of the restriction is not important in the points I'm raising here.
The argument here is the fact that for the first time in the past 30ish years where US used to be the solo world power, China has been placing such "sanctions" on US economy and they have been showing themselves up in US economy. This would have been unthinkable 5 years ago.

Otherwise a country-wide ban in China would easily wipe out between $0.5 to $1 trillion from Apple and that's only if the crash stops without Chinese market.

Although I agree with your points but I'd like to add that the main way of scamming people in the altmarket is not disguising a token as a coin, most people already don't understand the difference or care, it is by telling them the garbage they are buying is "useful" has "potential" or sometimes weird things like "it is replacing bitcoin".

These are not exactly coins either. The technical term used for ether is "smart contract fuel".

Both are unlikely.
Multibit generated BIP39 seed phrases that had 12 words whereas OP has a very uncommon and smaller number of words. So it is impossible for it to belong to Multibit.
As for Electrum, considering how it is not user friendly to generate a custom seed which for example would require having a much bigger word list that would generate smaller number of words in the phrase, I'd say it is unlikely.

They may feel similar from a price perspective but with a very weak link. Lost coins will never move whereas idle coins can move at any time and locked coins will move after their locktime expires.

This. Funny seeing this topic as I just installed Windows 10 and the nightmare is fresh! My Firewall list is already filled with two dozen rules trying to manage what I allow connecting to the internet and what I don't. It's as if it's designed to be a spyware lol.

Technically the thing you are verifying using GPG signatures is the authenticity of the binary or in simple terms you make sure that the binary is released by the person who owns that key. It does NOT tell you whether the binary has anything to do with the open source code you saw on the GitHub.

In order to know whether the binary is actually built from the source code you saw, the project has to support what's called "deterministic builds"[1]. This means no matter who compiles the code and where, they should all get the same exact binaries. That way different people could verify that the binary is indeed built from the source code we see by simply comparing the checksums.
Electrum supports deterministic builds by the way.

[1] https://en.wikipedia.org/wiki/Reproducible_builds

US and China are in many ways two faces of the same coin. The circumstances were different so they went on different paths of different types of dictatorship. Otherwise under same circumstances they would do exactly the same thing!

For example these days both regimes are preventing capital from exiting their country by banning any company that wishes to do so or if they insist the government bankrupts the hell out of them. China is doing it to its investment companies like those involved in real estate, US is doing it to a lot of companies including investment firms like BlackRock.
The difference is that China never claimed to be a "liberal economy or country" but US did

A couple of decades ago US economy was big and strong so they introduced strong laws against Child labor.
A couple of decades ago Chinese economy was tiny and weak so they introduced sweatshops with child (cheap) workers.
Today US economy is weakening and over the past couple of years the child labor laws in US are getting "looser" and American sweatshop are the expected reality as the violations are already up 300% according to the U.S. Department of Labor and that's the illegal cases, they are basically legalizing a lot of it so that they can get more minors (cheap labor) into their sweatshops and keep production alive for a little longer!

A decade is 10 years, bitcoin has been around for 14 #nitpicking

I agree with the general idea in your post.
Some of your cases could be summarized as a wallet that has a user friendly way of working with Bitcoin scripts. Maybe have at least a dozen different pre-defined scripts that the user can just fill in the blanks to set up. Like the case with locking coins where all it needs is a timespan, the rest like the key to send the coins to is set by the wallet behind the scene.

Technically they should "log in" as companies do this normally, maybe someone was fired or new employee came along. There is also changes in price that changes the payment in BTC and things like overtime, etc.

Whether a transaction is mined or not is not up to the wallet/receiver. What the wallet can do is to filter out unwanted transactions like dust spams.

I'd say if writing down a set of words on paper is hard for someone then maybe bitcoin is not suitable for them.

It is definitely possible but we can't predict it like this!

It is a fact that historically we have had rallies before the halving date and price has gone up in the past.
It is a fact that when the rallies begin and resistance after resistance is broken, a strong momentum forms which will bring the price higher and higher giving it the potential of setting a new ATH.

But
It is also a fact that in the ongoing recession over the past year+ the sell pressure on bitcoin is high preventing big rises or even creating crashes.
It is also a fact that the heavily increased interest rates in many countries specially US has been sucking the money out of all other markets (including bitcoin) preventing them from rallying.

It is also a fact that the World Order has changed and during this transitional phase the world will be chaotic and in chaos, markets become a lot more unpredictable than before. Specially since there is a global economic conflict going on.

First of all the fee exchanges charge is not for "bitcoin transactions", it is for the service they offer you. And the only service you should use is their trading services. In other words never store your coins in an exchange.
Secondly, more than the fee you should concern yourself with the legitimacy of the exchange and the risks involved in using them. For example the Etoro exchange you mentioned seems like a very risky and somewhat shady service with complaints against it. So even if it were free of charge, you should not have used it.

Exchanges usually charge only 2 fees:
1. Trading fee which is where you buy or sell bitcoin on their platform and usually it is around 0.2%. Some exchanges have extra options to "reduce" this fee depending on your activity in long term, or if you buy and bag-hold a shittoken they've created and stuff like that.
2. Withdrawal fee which is a fixed but high amount they charge you each time you want to pull out your coins. This is almost always fixed regardless of the tx size, your activity or even the network state.

You didn't read the whole thing and the comment @BlackHatCoiner is responding to.
It is one thing to say that business X may have stored customers' data, it is another thing to say business X definitely kept customers' data while we have no proof of that. All we know of ChipMixer is that the mainstream media claimed the authorities have seized the owner's hard disks. The authorities never said what those disks contained. It may have been customers' data or it may have been the indexed bitcoin blockchain for easy searchability.

Besides, anybody who uses a centralized service should already know the risks of them keeping a record or even being a honeypot. Be it ChipMixer or Wasabi centralized coordinator which we know for sure is working with anti privacy companies and actively censoring transactions.

ViaBTC does have a Paid Service for their so called "accelerator" that accepts the payment (the fee that won't show up in the block) in BTC, BCH or LTC. So it is possible that such low paying transactions in these blocks paid the additional fee in a shitcoin like bcash to get their bitcoin transactions included in the block. In fact this is a good way to get rid of your shitcoins without having to sell them...

I don't think Taproot is going to be supported directly in Electrum any time soon (it is only supported through hardware wallets now), since I don't see any code being added to master branch and there is no separate branch as far as I know working on it. The issue on it is also old and not updated for a year https://github.com/spesmilo/electrum/issues/7544

It depends on which country you have in mind! There are nearly 200 countries in the world and every single one of them export goods to others and all their people pay for stuff in their local fiat not in $ or €.

As for education, I don't know under what government you've been living that's made you think this way but the scientific growth in the Eastern bloc has been fast. For example in the past 4 decades Iran has been leading in all the rankings like WOS which puts Iran as #1 in the list in Asia and I believe somewhere between #15 and #17 globally.
In fact one of the reasons why Iran has been under this many sanctions is this growth and also the reason why they fear BRICS as a whole so much. All these countries have tremendous amount of potential.

That has nothing to do with the part of my comment that you quoted!
For example Saudi Arabia has is both a rich country with the largest number of poor but at the same time they were dictating the oil price BUT for United States with Petrodollar. Ever since last year they stopped and haven't been doing that and were instead dictating or rather helping Eastern powers dictate the price of oil. They even threatens US regime with "major economic consequences"
https://www.washingtonpost.com/national-security/2023/06/08/saudi-arabia-cut-oil-production/

Sorry for going OT but I wonder what aircraft you consider "obsolete", specially when you compare it with F-16 which you refer to as "latest weapons"!!!
The fighter jets that Ukraine has/had were MiG-29 (introduced on 1983), Su-24 (1974), Su-25 (1981), Su-27 (1984). None of these are considered obsolete specially when compared with F-16 (introduced 1978)! which is older than 90% of what Ukraine had before!

People of Niger just arrested the French ambassador This is after another french official (possibly an intelligence officer) was arrested the other day.
It appears that the colonizers are not going to leave peacefully but they'll have to be kicked out by force.