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161  Bitcoin / Development & Technical Discussion / Re: First Bitcoin, then Blockstream Satellite. How about we go fully decentralized? on: October 13, 2021, 12:48:27 PM
Wow, there are so many more answers than I expected. Thanks to you all for the replies.

So I think the scenario in which a nation-wide blackout occurs is not that far from reality. It is already being speculated that a quite dark winter is on the way, and I agree with dbkit98: there are some sick individuals who are looking for a global reset, and it's not the reset itself that is to be worried about but the way it's going to happen. "You will own nothing, and you will be happy". They said it themselves, and we're looking at a number of leaders who don't like Bitcoin even now, even today.

A massive blackout or a regulated Internet v2.0 might mean Bitcoin's disappearance or turning it into a massive surveillance tool. While thinking about this mesh as a "survival/emergency" tool (and I think there would actually in fact be a quite big market for it, considering how large the "preppers" community is), I also saw it as a way of ensuring that even if someone wants to take Bitcoin down indirectly through disastrous scenarios, it would still thrive at least partially within our community.

Of course, there will be some of you here who will contradict me or think that this is just being paranoid or so, but I personally think that the current financial system isn't the happiest with Bitcoin's presence and there is nothing that can make it stronger than proving it is not just something virtual/temporary but something that you can rely on even in such events.

So far, I think the Satoshi Radio from Brazil is the closest I can get to what I was thinking about. Will definitely research more about how it works, although I think that unless this capability of receiving/broadcasting txs is embedded into a device specifically created for offline over-the-air Bitcoin transactions, it would be useless in the events previously mentioned (how many people would use the OTA Bitcoin receiver/transmitter .. let alone the Satoshi Radio?).

But besides radio waves, is there no other technology using waves or something that could be used over very long distances without a necessary license/SIM card? Huh
162  Bitcoin / Development & Technical Discussion / Re: First Bitcoin, then Blockstream Satellite. How about we go fully decentralized? on: October 11, 2021, 04:28:43 AM
Keep in mind: a network just for Bitcoin poses a few issues. For one, everyone will know if you use this network, that you use it for Bitcoin. Furthermore, it can be more easily banned or prohibited. It would be better if this new network was more generic and e.g. we also had messengers operating through it.
Of course! The more you could do on the network, the better. If you look at GoTenna's slow loss of ground in this area of development (I'm talking about the development and existence in the open, retail markets and not military who already own a ton of unknown tech anyway), you would further understand that such a device would be likely treated as a threat to the existing banking system. I'm actually in fact surprised that TxTenna hasn't met a backlash from the governments (although I think the fact that GoTenna doesn't maintain their products anymore could be taken as an indirect backlash...)

Online banking or traditional banks in general are as reliant on electricity and internet as well, though. I am pretty confident even a brick-and-mortar bank doesn't work without internet connectivity. Did people lose all trust in their bank when they couldn't go there due to blackout? I haven't encountered this so far.
I actually do think people got much more scared of banks whenever they had problems with them. Think India when their banknotes suddenly got taken out of circulation, or think any disastrous event/crisis where the people couldn't take their own money out of their own accounts. In such events, had Bitcoiners had a device as mentioned in the OP, you can only imagine how much ground BTC would earn in front of banks. Over-the-air transactions in an offline environment. It's like solving one of the biggest flaws of the banking system.

Yes, it depends on the frequency and thus on antenna size though. For example very low frequency signals travel insanely far, but have a terrible data rate and require antennas literally the height of someone's home.
I've been looking for its name, but I still got no clue. There was one particular way of communication through radio that was sending the signals up to the sky and then back to Earth rather than horizontally, which extended its range significantly and eliminated the issue of waves being blocked by certain obstacles.

It's certainly possible to build and I'm very interested in the topic. One feasible way is to create a 2.4GHz mesh network using directional antennas. It should be possible by repurposing 2.4GHz routers with a custom firmware and attaching directional / parabolic antennas to them, of course positioned outside. The ranges as far as I know are around 10-20km, so you'd need a few people in every city running one such thing to get a good coverage. That's why I say mesh network.

Here's an unrelated video that shows what off-the-shelf hardware can do in the 2.4GHz band:
https://youtu.be/15JmpVAuzZY
Interesting. Wouldn't it be possible for such a device specifically for BTC & messaging (perhaps messaging on blockchain) to be produced en masse with a very low cost (<$100, perhaps even <$50)? With Ledger's success, I can only imagine how insane it'd be to have a massive mesh network like that specifically run for Bitcoin. The only issue I see is, if people don't get incentivized for using the mesh network, they will probably not keep them up-and-running 24/7. In the event of blackouts that would likely change, but still.

What about a mesh device with a built-in lincense-requiring radio transmitter/receiver? As far as I know, during disasters ham radio licenses for example are not necessary anymore. Not sure if massive blackouts or power cuts trigger this as well.



Immidiately after any of the examples you provide, the percentage of barter transactions tends to go way up. There tends to be less use for actual money, and more use for tangible goods used to survive, such as food, fuel, and water.

I don't think any kind of "mesh" network is going to work very well when there are many users involved, or when it needs to cover the entire globe (or even large parts of the world). A mesh network greatly increases the chances of a Sybil attack and makes detecting such an attack much more difficult. There are also privacy implications to using radios to use bitcoin, as it would become trivial for anyone in your area to know you are using bitcoin; this is compared to only your ISP knowing you are using bitcoin currently.
I agree with you about the barter part - but I think it's safe to assume that the levels of barter use go significantly up in these kind of events specifically due to the instant distrust in fiat/banking system. If Bitcoin was there to be used even fully offline, this would change.

About the security & privacy of such an idea, I don't know much so thanks for underlining these issues. It's definitely not the most reliable thing, although perhaps there is one key solution we just haven't thought about yet.



There are two problems here, first if you can't move your bitcoins you can't sell them off. Second is that if there is such an aftermath you can't use your fiat either so there is no point in selling bitcoin to get another unusable thing!
I think cash would still work, unless people stop trusting fiat at all due to the likely extremely high sudden price changes (black markets & barter) and due to the loss of purchasing power. And if that happens but Bitcoin can still be used, then I think it's a winning situation for BTC. The point isn't selling it for fiat but rather using it as a currency instead.

The problem is range, it is too short. According to google it is between 3 to 28 kilometres (2 to 18 miles).
Besides any "disastrous event" could take out radio towers too making any kind of longer distance communication impossible.

Quote
There were some kind of radios that you could transmit over a range of up to .. 200 miles (or kms) as well?
I believe they use the towers (as booster) which is basically a middle man.
Answered this above, still can't find its name. It transmits radio waves vertically rather than horizontally. Not very sure about using towers as boosters.
163  Bitcoin / Development & Technical Discussion / First Bitcoin, then Blockstream Satellite. How about we go fully decentralized? on: October 10, 2021, 10:15:58 PM
I think that one of the problems Bitcoin will be facing over the long term is the aftermath of some disastrous events. I'm talking about events leading to internet blackouts or power cuts. These events include but are not limited to strong cyber attacks, fuel shortage (see Lebanon), earthquakes and so on.

If power or the internet goes down, it's safe to assume that Bitcoin becomes practically worthless/useless in an instant for anyone who's living the aftermaths. We're talking about situations like the current one Lebanon is facing. Had this happened in a much larger nation like the US, I think Bitcoin would've confronted a huge sell-off and loss of interest/trust.

We currently have Blockstream's Satellite which can be either a DIY setup or you could buy the equipment (when it's in stock anyway) off their website AFAIK. I read every now and then a bit about it, but I never had much interest in it. The reason? It's seemingly difficult for a beginner to set it up, it isn't the most portable thing you can have and it's not affordable for the regular guy. Can't see the regular Bitcoiner to own a Satellite setup.

On the other hand, there is GoTenna with their TxTenna. This one is portable, it's much cheaper but as far as I know, the company behind it doesn't care much about the regular GoTennas anymore since they took the military equipment more seriously. When you have a new company providing the regular Joes a way to go off-grid and independent from ISPs or network carriers, you as a military force have to bait them and pull them away from the average Joes .. anyway.

There must be a way to create a device that is affordable, portable and allows you at the same time to be your own bank without depending on ISPs or network carriers no more. I might be very wrong, but I think ham radios can be used to send e-mails. Not sure if there are any ham radios that you can use without a license in some countries (e.g. the US), but perhaps Bitcoin transactions could be transmitted through radio frequencies? There were some kind of radios that you could transmit over a range of up to .. 200 miles (or kms) as well? Is there absolutely no way this can be done?

We have so much technology to use and Bitcoin is imo still just at the beginning. Building a rechargeable device that allows for fully offline Bitcoin txs to happen would make it about invincible even in disastrous events. Is this a bad/impossible-to-realise idea? What do you think?
164  Local / Altcoins (Monede Alternative) / Re: Se merita sa minez o criptomoneda noua?!! on: October 10, 2021, 05:46:22 PM
Nu pot vedea pentru un oarecare motiv cu exactitate cand a fost inregistrat primul pret pe CMC, dar cred ca abia azi a fost adaugata moneda acolo. Stiu ca nu e cel mai bun indiciu, dar doar logo-ul cred ca spune multe despre aceasta moneda ..

Nu inteleg, pentru a intra pe site-ul lor este nevoie de login? Cheesy
165  Local / Altcoins (Monede Alternative) / Re: Se merita sa minez o criptomoneda noua?!! on: October 10, 2021, 11:01:33 AM
Parea ca intelegi mai multe din postarea ta initiala. Smiley Dar am sa o iau mai incet.

Satoshi Nakamoto este cel care a creat de fapt moneda Bitcoin. Dupa ce BTC a inceput sa isi ia avant, Nakamoto a disparut in neant. Intre timp, au aparut niste "Fork"-uri, adica iei codul sursa de al BTC, prin functia de inlocuire a cuvintelor/sintagmelor inlocuiesti numele Bitcoin cu Biguycoin si mai faci cateva mici modificari si asa reusesti sa ajungi sa detii un adevarst shitcoin. O copie a monedei BTC, insa fara valoare.

Despre MyCoin nici macar nu gasesc prin rezultatele de pe internet vreun indiciu. Trebuie in orice caz sa intelegi ca nu orice moneda noua/copie BTC va avea valoare si daca esti printre primii care le mineaza nu inseamna automat ca te vei situa in punctul in care s-au situat minerii de Bitcoin in 2010. Daca minezi MyCoin, maxim te alegi cu niste monede fara valoare, o factura mai ridicata la curent si o pierdere de timp.

Iar la partea cu Nakamoto, voiam sa spun ca daca Nakamoto ar reveni "in forta" cu o noua moneda, cel mai probabil ar face senzatie avand in vedere ca majoritatea utilizatorilor/investitorilor crypto din ziua de azi merg pe valuri de hype. Iar cum despre MyCoin nu gasesc nimic.... imi imaginez cat de legitima e ideea si faptul ca Nakamoto ar fi in spatele ei Smiley
166  Bitcoin / Bitcoin Discussion / Re: The top 3 the best anonymous wallets and practices to anonimize Bitcoin in 2021 on: October 10, 2021, 09:20:04 AM
I am okay about that, I will pay tax and I will be a good citizen. I am a young boy who only has a small balance, never withdrawing more than 0.1 BTC.  Grin Grin. I won't make my life more complicated.
Well, the thread is about practices to anonymize Bitcoins hence why I responded that way.. if you are using a centralized exchange, identifiable information still sits out therd for them to collect and process it in any way they want. The only way to stay off-grid is Bisq + p2p cash <> crypto transactions.
167  Local / Altcoins (Monede Alternative) / Re: Se merita sa minez o criptomoneda noua?!! on: October 09, 2021, 06:23:49 PM
Daca se lansa moneda respectiva si chiar era Nakamoto in spate, cred ca ar fi facut senzatie in randul celor care fac hype din orice. Astazi Nakamoto nu mai are nici o influenta asupra BTC, a lansat o moneda care acum e autonoma. Daca ai gasit acel paste, e cel mai probabil un scam iar link-ul catre paste probabil va fi prezent undeva pe niste video-uri de pe YT sau in pagini no-name de bloguri. In orice caz, MyCoin e cel mai probabil o prostie.

Felul in care "a fost modificat" MyCoin fata de BTC e un semn mai mult ca sigur ca e doar un alt shitcoin.
168  Other / Beginners & Help / Re: Is "No one knows anything" a paradox in investing? on: October 09, 2021, 08:44:31 AM
The main idea is taking everything with a grain of salt rather than believing that nobody knows anything. When you have so many people advertising their own investments for obvious reasons, you shouldn't trust every kind of "yeah, get into this coin" advice. You should rather read as much as possible about a coin and see for yourself whether my investment in coin X is actually worth it or I put my money into something worthless.
169  Local / Altcoins (Monede Alternative) / Re: Cumpără acum! on: October 08, 2021, 04:32:40 PM
Mda, astept sa vina si ziua in care SOL cade la sol fata de BTC. Imi doresc ca tie, OP, sa iti fie de bine investitia asta dar experienta mea in crypto spune altceva.. de prea putine ori am gasit o moneda care intr-adevar sa fie triumfatoare - de fapt, cred ca imi ajung degetele de la o mana sa numar de cate ori am gasit cate una. Si daca nu-i suficient.. pot numara cu un singur deget cate dintre ele au si fost monede in care sa investesc in adevaratul sens al cuvantului..
170  Bitcoin / Bitcoin Discussion / Re: satoshi symbol on: October 08, 2021, 08:41:58 AM
I like the symbol, it's a very interesting concept. Getting to a chosen Satoshi symbol is gonna be hard unless some proper fair voting occurs.

I personally think the symbol will come in time by itself. Never investigated how the Bitcoin logo was "chosen"/voted for if it ever was, but if the community doesn't get to a consensus it will probably come on its own with time.
171  Local / Romānă (Romanian) / Re: Primul contact cu bitcoin on: October 07, 2021, 10:40:27 PM
Eu am ramas surprins de stirea potrivit careia o moneda oarecare de care n-am auzit niciodata a depasit de 1000 de ori valoarea dolarului american. De aici a pornit tot interesul meu, initial strict financiar dar care mai apoi s-a dezvoltat in mult mai mult de atat.

Cred ca asta a fost cea mai mare schimbare pentru mine: faptul ca Bitcoin nu reprezinta doar o investitie financiara. E mai mult de atat, e pentru prima oara cand poti sa iesi din sistemul infect in care traim si sa iti duci propria grija fara sa mai existe partile terte care sa te incurce.

Primul meu "shopping" de Bitcoin a fost tot din faucet-uri. Faceam 0.005 BTC la cateva zile prin 2015, dar consideram ca e fara rost. Big mistake.
172  Bitcoin / Bitcoin Discussion / Re: The Future on: October 05, 2021, 05:01:59 PM
As far as bitcoin replacing banks though, not sure if this can happen or if the banking institutions would allow bitcoin or any other crypto to take over.
Oh man, that's as likely as Putin willingly leaving his chair would be right now. Powerful institutions will never give away their power willingly. That is only if Bitcoin ever somehow miraculously takes everything over, which is quite improbable.
173  Local / Romānă (Romanian) / Re: Despre nebunia din lumea nft-urilor on: October 05, 2021, 01:23:33 PM
E din acelasi capitol cu vanzarea aerului la conserva sau cu "apa comestibila". Pentru un oarecare motiv, azi se vinde orice consider eu o idee cat mai tampita/stupida...
174  Bitcoin / Bitcoin Discussion / Re: The Future on: October 05, 2021, 08:49:26 AM
I feel they simply don't like all of this and are intimidated by the future, do you think so likewise ?
No. I just think they don't have a wide-enough spectrum to see what's coming. I notice people nowadays barely even want to read more about the things they hear and rather wait to evolve together with the technology. I think that to see these as being "the future" requires you to be at least a little bit visionary and to be interested in what comes next rather than what we have at the present moment.
175  Local / Romānă (Romanian) / Re: Despre nebunia din lumea nft-urilor on: October 05, 2021, 08:43:08 AM
Nu stiu daca am inteles pe deplin ce ai scris (incep sa ma simt tot mai ruginit de ceva timp), dar am sa incerc. Cheesy Am experimentat si eu acum ceva timp sa fac un NFT din curiozitate pe OpenSea si din ce am observat, ti se cere sa faci upload la fisier direct la ei pe site. Deci sa inteleg ca, practic, existenta oricarui NFT as urca depinde de fapt nu de existenta blockchain-ului ETH ci de existenta serviciului cloud/serverelor OpenSea?
176  Bitcoin / Wallet software / Re: For All Of You That Still Think SMS For 2FA For Wallets Is Or Was Safe. on: October 05, 2021, 12:05:04 AM
Let's not even mention those "hacks" done with the actual help of carriers by replacing the real owner's SIM card with a perpetrator's new one as well. SIMs are never safe. I think that anything going through a centralized method is going to have a flaw found sooner or later. Just the fact that those carriers know your 2FA before actually sending it to you is scary enough. Use offline as much as possible for security, and by offline I mean anything that sits only in your local storage and never communicates with external servers/satellites/whatever.
177  Alternate cryptocurrencies / Altcoin Discussion / Re: What Crypto Communities do you know? on: October 04, 2021, 01:20:45 PM
To be honest with you, I've tried joining other communities several times but unfortunately none proved to share more decent information than BitcoinTalk does. No matter how many times I try to find something "better", I still come back here.

I see crypto communities on Telegram the same way I see "influencers" and "traders" on Twitter. Most of them are either heavy shills of their own investment or of projects they've been paid to promote. The most important information lays right here, on the forum.
178  Alternate cryptocurrencies / Altcoin Discussion / Re: Tron network VS Binance Smart Chain on: October 03, 2021, 05:18:36 PM
BSC has been more hyped, has way more pegged tokens and after all has so many features, bridges etc that they won the war against all other smartchains. I personally have a much smoother experience with BSC, especially since I can use it with Pancake Swap easily. A better experience overall imo.
179  Other / Off-topic / Re: Solar Storm May Cause Internet Outage on: October 03, 2021, 01:01:41 PM
Internet outage = MAJOR supply and logistics problems. It's not just Bitcoin that wouldn't work. The money currently sitting in your bank probably wouldn't either. Without internet or electricity, there would be unimaginable chaos.
180  Bitcoin / Bitcoin Discussion / Re: There is something wrong with cryptocurrencies? on: October 03, 2021, 09:33:33 AM
What would happen if everybody wants to exchange for a real money?
Depends. If everyone wanted to do it at the same time, it would be the same thing as everyone suddenly selling all their TSLA stocks. It'd dump to the ground. If everyone wanted to do it but progreasively, it might not mean a huge dump is incoming. Remember that for any sale there is a seller and a buyer. It's not like you claim USD for Bitcoins and then throw your BTC to the trash. No. You sell it to someone else who believes in it.

I consider it not fair to mine cryptocurrencies?
Why? Sometimes miners don't even earn as much as they pay for the electricity & hardware.

If it is so good why there is a need for exchange rate to the real money?
Because the world functions on fiat right now and it can't be a currency or a store of value if it has no real value. Value is currently measured in fiat, so.. it's kinda logic from here.

Why recently I needed to block about 30 phone numbers constantly calling me to invest money in cryptocurrency? Is it going to finish soon because of having probblems not to be fed this pyramide game with real money?
If you call this a pyramid game, then I suggest you read about Bitcoin because it's quite clear you don't understand it. Your messages are coming due to your own fault. Giving away personal information for free ends up exactly like this: your data is being sold to someone else or leaked by some hackers who obviously have no good intentions but to do phishing on you.
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