#3. Dogovoriš se s likom da mu uplatiš 9000 eur prek računa (Wise) i 9000 eur na ruke, pošto je iznos ispod 10k eur za obe transakcije šansa je mala da će dignut zastavice po defaultu dok god *platiš sve poreze koje trebaš na jednu i drugu transakciju*. Ne znam, previše mi to optimistično zvuči. Otkud ti €18.000 da kupiš nekretninu a novac ne potiče sa tvog tekućeg računa gdje ti dolazi plata? Šta to ti još imaš sa strane? Kako to da imaš €9.000 u kešu? Ako novac dolazi sa Wise-a, koje je porijeklo tog novca? Da mi to malo provjerimo pa se pošalje zvanični upit Wise-u da poreznim službenicima dostave transakcije na tvom Wise računu u zadnjih 5 godina. A vidi, vidi, pa vi ste ovdje primili preko €15.000, jel plačen porez na to? Naravno sad filozofiram i navodim izmišljeni scenarij ali nije nemoguć.
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<Snip> With seed phrases, you always have the freedom to recover your coins elsewhere for any reason. With a " Foundation Passport Backup System X", you are stuck with that one product because no one else supports your recovery scheme. Unless, of course, you can get some other wallets to implement it as well. And if there is a bug or it malfunctions, you will be required to wait until the devs find a way to fix it. Not to mention the devastation if they completely abandon it or it breaks down for whatever reason.
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Meni se zapravo najviše sviđa ideja oko kupnje i obnove neodržavanih nekretnina. Tu je problem što svejedno postoji papirnati trag kod kupnje nekretnine, a za kojeg bi Porezna mogla imati pitanja. Upravo to, a na to dođe i porez na kupovinu nekretnine koji nije strašno veliki ali bi se opet moglo postaviti pitanje porijekla novca kojim se sve to plaća. A ako se nadležnima čini da vrijednost u papirima ne pokazuje pravu vrijednost nekretnine, ništa ih ne sprječava da izađu na teren i procjene da moraš da platiš više. Ne znam kako na to gledaju kad su stanovi u rasulu ili oštečeni od zemljotresa kako je SirJohnVonSlotty spomenuo.
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Hardware wallets, like mixers, are in what I like to call "the trust business". They should never lie, because if they lie once about something you can verify, you should assume they also lie about things you can't verify. So basically, this should be the end of Ledger. You are forgetting the bigger picture here. The secure elements in popular hardware wallets aren't 'secure'. This should be the end of all hardware wallets with such secure elements. But it's not going to be. I don't think it's going to be the end of Ledger either. Hardware wallets are not what they were marketed to us to be. That's the takeaway from the Ledger fiasco. Ledger were just the first to shoot themselves in the knee. The bigger problem is that hardware wallets with secure elements don't protect users against remote access as long as there is a possibility of sharing the data stored on them over the internet.
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“Backdoor would mean that we control all ledger devices and could run automated updates for example… That’s not the case. Will never be the case. Only you can use functions on your ledger. No one else can enter your pin code and press those buttons…”[1] Well, there was no way of accessing sensitive data on the secure element chips either. They have been telling us for years that it's impossible. Turns out, it's quite possible if they integrate the right code. If one day they go real evil, that code would not need your physical button presses at all. No one can verify how the system works, and the trust is gone following their public suicide. Given that the Recovery feature doesn't make sense in cases where a user has set up a passphrase since a seed phrase alone is insufficient to get access to coins, it would make sense for Ledger developers to include a passphrase into this encrypted transfer scheme, especially considering the fact that it is equally important for a successful recovery and already sitting in a device's memory. Do you think the target audience who can't store their seed safely and need Ledger Recover to do it for them (or think it's a good idea) use passphrases? I don't.
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1. When the cable is connected, the screen with the Trezor logo lights up, then by pressing the keys, a phrase appears in the spirit of "Do you want to block the device? Yes / No. In general, nothing else happens. It's interesting that googling that error message in connection with the term 'Trezor' doesn't return anything useful. It's like no one else has seen and reported it before. I can't imagine it's an outdated firmware. Do you have a different computer you could connect your Trezor to just to see if the same error appears? The standard recommendations for those things would be trying different USB ports and connecting the device directly to the port and not via a USB hub.
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The user experience of seed phrases can be quite poor, so we're continually looking for ways that we can abstract away the seed phrase experience for new users especially. Not an easy problem to solve, though! I might be a bit old-fashioned but I have always been of the opinion that if it isn't broken, don't fix it. I think that users who aren't capable of writing down and storing 12 English words in paper format are too spoiled and crypto might not be suitable for them. If they can't even do that, I see them struggle with other essential elements of the game. Still, it's good that you trying to simplify an already simple process. How is that going btw? What would you like to replace seeds with but still not impact the security of the new storage method?
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If you have some money to invest, I suggest playing a slot that includes a bonus buy feature. You avoid all the unnecessary spinning and searching for scatters by doing it that way. Online slots are completely based on luck and the RNG determines if and when you will win. There is no certainly you will be successful after 150 or 150.000 spins. On the other hand, you can also get lucky and trigger the bonus rounds after the first spin. No one knows.
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Well, since Bitcoin private keys have 128 bits of entropy, you aren't improving the security of those keys by increasing the entropy of your seed. That's the gist of it. It's like making your wall stronger without realizing you have a glass window that is easier to break through. The security of Bitcon private keys isn't comparable to glass windows, I am just trying to make a point. What did you mean when you said the following in your blog post: We do still think it’s important to abstract away the foreign concept of seed words whenever possible, but we will always want our users to be able to easily move to other wallets... Do you not like the term "seed" and would like to see a different one? Or, do you not like the seed itself, as in the 12/24 words we use for backups?
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Both have their pros and cons. The main difference between these two wallets is that one is privacy focused, I am referring to the wasabi wallet. It used to be in the past, but not anymore. You can't say you are pro-privacy, and at the same time make a partnership with a company whose objective is to spy and deanonymize UTXOs and their users. Imagine someone saying they are fighting for the rights of gays by forming a union with a party whose future objective is to fire gays and lesbians from civil services.
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<Snip> Ideja sa satovima mi se sviđa. Ali s obrzirom da uopšte ne poznajem tu industriju skupocjenih satova, morao bi dosta toga pročitati i izučavati. Negdje sam čitao da mnogi Rolex satovi ne uspjevaju sačuvati vrijednost dugoročno. Zato si pretpostavljam napomenuo da se tvoj prijedlog odnosi na samo neke specifične modele. Teško mi je zamisliti da sat poslje par godina ima istu vrijednost osim ako je stvarno rijedak primjerak za kojim vlada veliki interes. Za obnovu stanova i auta nemam vremena. Možda u nekim poznijim godinama.
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I own wallets from both outfits, and it's my opinion that both are among the best hardware wallets currently available. I know that Andreas A. owns both a Coldcard and a Ledger device. In one of his recent videos where he discussed the Ledger Recover feature with Jameson Lopp, he said he will continue using both hardware devices, but for different storage needs. It would be off-topic to discuss that here, but it's just something that I remembered now.
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Moreover, this section is for beginners. I do not know what is the purpose of allowing all ranks to participate. I see no problem in the game itself, and I had fun when I ran my own one about two years ago. Regarding the participation of all members, deadsea33 could add the same rule I had back in the day. I gave Newbies and Jr. Members a 24-hour head start to play the game before other ranks could chip in. Doing it that way, they had more time to get some merits. Thinking back to when my game was active, I should have introduced an anti-cygan rule as well but never did.
Seeing that no one wants to guess, let me try just for this round since I got tagged in the OP and saw the game. 2. _ _ l _ _ t _ _ c _ wallet hack 4. _ _ l _ _ _ r _ _ _ bull market
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It would be cuper cool to verify that Passport is reproducible and post it on on coldcard website BitcoinBinary, as a way to just say hello to NVK I know that you are throwing a punch at NVK and ColdCard (rightly so), but did I miss some drama between the teams of Passport Foundation and ColdCard? Did NVK question the verifiable or open-source nature of Passport devices? Just for the record, although I am sure you know, Coldcard not being open-source doesn't make their code not verifiable and nonreproducible. Even WalletScrutiny has marked it properly on their website.
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ICO - Initial Coin Offering I agree that it's worth knowing what an ICO is but only to be able to go around it or run from it if needed. There have been so many unsuccessful ones throughout crypto history that they are almost synonymous to scams. I don't know how popular the term is nowadays. We have seen some other names being thrown around like IEO, STO, IDO, etc. Instead of the old Coin Offerings, they now refer to them as Security Offerings or Decentralized Exchange Offerings, and so forth.
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I actually made a thread here on Invity and most of us agreed that the prices Satoshilabs/their exchanges offer are bad. Yes, the exchange rates that both Ledger and Trezor offer at their partner exchanges are worse than if you visited the sites yourself and tried to carry out a trade. It's because of those premiums (their profits) they add on top of the regular price. They hope there will be users who don't care, and will gladly take a worse deal compared to having to go elsewhere and sign up. My guess is there always will be such people. Consider instant exchanges as proof of that. Everyone knows they have worse rates than traditional exchanges. Still, there are many around and all of them take a piece of the cake.
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But it's kind of interesting when you think about it, bluewallet gave up on handling peoples funds for LN and handing the back end LN node. But in the past couple of weeks there have been a couple of other wallets (this one and lifpay https://bitcointalk.org/index.php?topic=5456290) staring to do it. Makes you wonder who is 'right' Don't forget Wallet of Satoshi. There was some talk about this wallet in the Croatian local board recently. It's a custodial service, but I was surprised to find out that if you deposit to WoS, you can use your coins either on-chain or off-chain. One balance works for both layers and you choose which one you want to use. A very simple entry for Lightning Network beginners.
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I have not used either, but if I needed to use one, it wouldn't be Wasabi. The reasons are self-explanatory. They are supposed to be a privacy tool. Yet, they see no issues in partnering with those that spy on your transactions to determine if you are allowed to have privacy or not. Instead of abandoning that stupid idea or at least staying quite, their response involved throwing dirt and deanonymize other services and its developers. No thanks!
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Open source hardware wallet makers do not have a way to monetize their products once they sell a single unit. They have a few ways to make money. They can sell hardware wallet accessories through their shops. Trezor and Ledger have partnered with several exchanges allowing users to make instant exchanges, sometimes KYC-free. I am not going to discuss the quality of such services or if you should be using them or not. They can add a little premium on top of the spot price to earn from each trade. And as Ledger presented recently, they can think of godawful new features and ask their clients to pay to use them
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Again when talking help on the wallets from anyone, make sure you are getting help from a trusted person. I have seen people randomly asking in groups / Social media / Forums to set up their wallets and end up dealing with a scammer who will just run away with your funds while trying to explain how to use a Hardware /software wallet. This is an open and public community. People worldwide can read the posts and conversations. When you ask for help for random how-to issues, and someone offers it to you, ensure it's all public so everyone can see and warn you if what you are doing isn't the best approach. And, of course, if the person pretending to help you is lying or is outright malicious. Don't ask for help over DMs or Telegram and don't respond to such requests to protect yourself from possible problems.
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