From my time in cryptocurrency the experiences of going through shitcoins and those that did somewhat well and missing out on pumps or buying  at the peak, actually builds ones ability to hold when they eventually get into Bitcoin and not panic sell at the slightest fluctuation in price.
Although, Bitcoin is not a get rich quick scheme, many would argue it's not a get rich scheme at all, and understanding the potential of what you hold would enable you utilize it appropriately.

This part got me thinking about the difference between; "only invest spare money" and "invest amounts you can afford to lose".
Spare money in this case would be money you can easily do without and would likely not notice if it goes missing, but amounts you cannot afford to lose are those which is highly significant to you, such as loans or huge percentage of your net worth.

I believe the balance of how much to spend on bitcoins is somewhere in-between that; significant amounts, but those you can afford to lose.

Production cost is inefficient to represent the actual value of bitcoins. It would be possible to create a coin which lacks many of the features of Bitcoin, but is as difficult to mine; People would not buy this coin or token at an elevated value, simply because of the cost to produce it.

Bitcoin was created with unique features that makes it valuable and attracts the demand ebi h grows the price and that is more of an indication to the intrinsic value of Bitcoin.
The cost to mine bitcoins also varies with time and location making it rather difficult to get an exact price, you'll instead have a range of what the amount could be.

News like this are very important for the growth of bitcoin regardless of the motivation behind them. Many celebrities and politicians could get involved in bitcoin and cryptocurrencies cause it is the trend and would get them a bit of traffic, it could also be used to win over the support o the public (particularly the younger generation).

It is however useful that influential people adopt bitcoin and show their faith in it as it would rub off unto majority of the public that follow them leading to more acceptance for bitcoin and more faith in it as an actual asset and store of value.

There is another option, The government could allow the citizens use bitcoin as it was intended without having access to their personal details.

There is a lot wrong with regulations. For one, Bitcoin was originally designed to be a peer-to-peer network which eliminates the need for a third party to mediate transactions, and regulations overrides that as exchanges would effectively be acting like banks under the control of the governments and the citizens have to operate through them.

Secondly, forced regulations means forced loss of control. If the government controls the exchanges, then they are in control of the funds stored or sent there for trades, overriding the fact that the bitcoin algorithm is permissionless as transactions on exchanges are usually off chain.

You are not expected to know everything, that is the reason there are so much information available to you with which you can read and learn, some of them are linked in the reply above.

It may also be important to note that the forum is very privacy focused. You might not want to share personal information about name, or country of origin, as that may be an information that you may not want to be out there later on.

IMF mounting pressure on El Salvador to remove bitcoin as a legal tender does not mean the country was not ready or it was a wrong choice. The policies of the IMF has also been heavily criticized on several occasions, so I would not rate that suggestion very highly.

I am more interested in how much longer they would hodl their bought bitcoin if the price keeps dropping.

This is a very subjective opinion and I feel can not factor into the debate about what NFTs are. In many instances, the artist who created an artwork is different from the one who marketed it as an NFT, and the originally were trying to express themselves.
There are also many mainstream artists who create artworks for the sole purpose of profit.

There are quite a number of artworks which were created as jokes, but sold for millions, or at least thousands, this did not invalidate them as artworks and should not affect NFTs as well.

You are right. There is not much difference in practice. People still use bitcoin and the ban appears to just prevent banks and government regulated establishments from getting involved in it. The downside is such a stance already shows that the country is anti bitcoin and this could be an avenue to victimize citizens caught using it.

It could also set a platform for future actions. The nations with total bans most probably did not start off that way and experimented with less stringent bans before putting a total ban in place.

  1. Absolute Hero of Good: Theymos, Cyrus
  2. Golden Feather: LoyceV
  3. Bitcointalk Ninja: Ddmrddmr, Fillipone
  4. Bitcoin Geek: pooya8, o_e_l_e_o
  5. Event of the Year: Vod leaving the forum
  6. Fail of the Year: ...pending
  7. Discovery of the Year: nOnce, Blackhatcoiner
  8. Best SpamBuster: Gazetabitcoin, suchmoon
  9. Best ScamBuster: ...pending
10. Craft Master: jayce
11. Antihero: ...pending
12. Miss Bitcointalk: ...pending
13. Best Moderator: Hilariousandco, mprep

From the perspective of an enthusiast, I do not think too much about the market, cause I do not bother about RSI or bitcoin being oversold or the market cap of cryptocurrencies passing or dropping below a certain thresh-hold or the market sentiment. Price actions can not be predicted and I do not bother trying guess what direction it would take.

There can not be growth in the network is there are no transactions on it, this involved buying and selling. I assume maxists are major hodliers and have a portion set aside for that, but the ability to use bitcoin for purchase in some instance is one of the ways people can actually utilize Bitcoin and not simply for speculative value.

I wouldn't qualify myself a maxist, but I believe in hodling BTC for years to come as much as I'll use it as a payment option where accepted.

In my experience what an education does or should do, is make one teachable and curious about different topics. Schools would not prepare one to post constructively in a forum discussing a unique technology like bitcoin, But it can;

• Improve their use of language and construction of sentences,
• Build their ability to research on different topics,
• Make them more open to correction and the opinion of others.

If you are referring to the most recent video posted on that channel about a quiz, then that particular question was referring to "bitcoin.org" and not "bitcointalk.org". And the question was about who has access to the domain, not who founded.
Theymos has sole access to this forums' domain name (bitcointalk.org). Satoshi is also still the inventor of bitcoin.

This discussion would be more appropriate in the Gambling section as it focuses on how gambling is affected by crypto. You can move it with the move topic option at the bottom left of this page.

I am not a frequent gambler, but I have gambled with fiat and also with Bitcoin, and I find bitcoin to be far more efficient. I am also privacy focused, so a platform that allows one to gamble anonymously without the hassles of banks is a plus.

The con I believe exists is the high withdrawal fee imposed by some platforms to cover for changes in transaction fees on the bitcoin network.

That rule applies to the local thread section and I believe it was put in place to prevent users from creating multiple local threads in that section as it could get it clogged up and make it difficult for users to find a thread that applies to their language.
If a local board exists then anyone can actually create a thread there and join discussions.

Some languages actually do have multiple threads in the local thread section, but the users who created them are not banned, Maybe cause those threads are specific and do not contribute to spam.

That is the objective of this thread. To discuss P2P platforms that do not require one to submit KYC and not just a case where you are allowed to  make xxx amount of transactions without a certain tier level verification. As long as an exchange requires KYC at all, they can demand for it at anytime.

Even without making a certain type of transaction, the government and banks can still track your data through the exchanges. The exchanges also have custody and can freeze your funds stored on it.

Moderators also are part of the forum and visit different boards, while doing this, they can stumble on posts which need their attention without the need for a report.

Also, mods do not act on all reports, they take action based on their individual judgement. A report can include a link to the users post history if they have a lot of spam posts and the mods would take a look and decide what decision to take.

Being reputable does not affect the outcome of a report.

I believe a lot of members who connected here have contacted each other on some other platform, preferably one which members can maintain their privacy on, like discord, telegram, signal etc. If the forum does go offline, they can continue correspondence on those platforms and possibly use that link to contact mutual friends.

Bounty hunters would not get banned for posting in other sections of he forum, the would get their posts deleted if they post spam around the forum, and a temporary ban if they do not change their habits before the possibility of being permanently banned.

Newbies get to this forum and gradually post before getting aquatinted with the forum and eventually their post quality increases.
It's much different when a newbie joins and immediately starts spamming different sections for a bounty campaign, this would get their posts deleted and eventually lead to a ban.
Posting organically and improving your post quality would not get anyone banned.

These problems make an average African to be less fortunate and less exposed to certain opportunities, this however does not in any way make them inferior.
Africans are proud, intelligent and dedicated people. Most parts of the continent is just yet to get a functioning system of government which serves the people.

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Bitcoin surely has given Africans a platform to grow their skills and access financial freedom without needing to switch to a foreign currency. And the growth of Bitcoin and the blockchain shows Africans have real interest in futuristic development.