Probably, but unlikely. As far as I know Satoshi is a pretty common Japanese name, so saying that Satoshi is a fan of Pokemon just because he picked that name is just like saying Theymos automatically likes thermoses.

I took a look at your post history. I'd say you need to just focus solely on Bitcoin first; ignore DeFi/Ethereum or the broader cryptocurrency industry for now. Bitcoin in itself can be difficult to grasp at the start to start with, no need to make it more complicated.

Not necessarily. I could easily think of two that can beat bitcoin as an investment.

1. In a business or a gig, to give you a constant stream of income
2. Yourself. I'd say the knowledge I've gained in the bitcoin/crypto/investing/finance space is far more valuable than my financial gains from bitcoin/crypto

Most scam campaigns mostly just mass send messages regardless if it's through email or text messaging. They don't usually make assumptions if this specific group are noobs or not — they just send the messages to all the contacts on their database.

We've been getting a lot of threads about people teaching about bitcoin/crypto lately. Hopefully you guys put a lot of emphasis on both security and scams, as while bitcoin/crypto can be a great tool financially, it could end up getting people totally wiped out if something goes wrong.

This is why I still advocate for using sats by default — to prevent the "bitcoin is too expensive" argument from newbies, then picking a sub $1 altcoin because "what if it goes to $1000".

Try understanding Bitcoin first, before actually trying to grasp other cryptocurrencies. Chances are, you'd end up getting scammed or "investing" in crap if you don't know what you're doing.


* If you like reading articles: https://coindesk.com/learn
* If you like reading books: https://theinternetofmoney.info/
* If you like watching videos: https://www.youtube.com/playlist?list=PLPQwGV1aLnTuN6kdNWlElfr2tzigB9Nnj

Security related:
* https://cryptosec.info
* https://www.lopp.net/bitcoin-information/security.html

If you want to get more technical
* https://github.com/bitcoinbook/bitcoinbook#chapters
* https://github.com/ethereumbook/ethereumbook#chapters

It doesn't work that way. If a lot of people were buying, bitcoin would've went up too much too fast far before it would reach 50% population. It's not like 50% of the population can buy at 2015 prices without pushing the price up lol.

1. I clearly stated that no exchange is invulnerable to hacks/exploits

2. Both cases have been end user-targeted attacks through phishing and the like, rather than exchange-targeted attacks. Huge difference between the two.

The higher bitcoin's marketcap becomes, the harder it is to get these price increase multipliers.

Not saying $1m in 2030 is impossible though — we already know today how bollocks bitcoin's cyclical bubbles can be. I just personally wouldn't bet on it.

I actually exclusively use no-KYC P2P exchanges when I was slowly cashing out funds through HodlHodl. (Though I'll admit there are a few exchanges that I KYCed in like 2017.)

Yes, KYC no-P2P exchanges sounds tedious the way you described it, but you only do the KYC verification once. Also, take into consideration the UI/UX experience for the end-user. Marketing aside — if no-KYC P2P exchanges was actually the overall better experience, then the masses would be using them rather than the Coinbases and such.

Using a typical KYC exchange is still far more convenient(for the typical non-technical person) compared to using a no-KYC P2P trading platform; so it pretty much still comes down to convenience.

I'd say the exchanges that currently remained to be unhacked are pretty "safe"; probably Binance and Coinbase. But that doesn't mean I'll recommend leaving funds on these platforms. The developers can make the platform as secure as possible, but never secure enough to the point that it's impossible to hack. Exploits will always be a risk. Not because these "unhacked" exchanges remained unhacked for years doesn't automatically mean it'll stay the same forever.

https://NotYourKeys.org


That's why you don't let other people entrust their funds to you. You have not much to gain but everything to lose.

I don't think such a model would work probably unless you're one of the minority that people take extra seriously here and at the same time post a lot. I think the typical signature campaign model works because collectively, the campaign participants can give the project/platform a good amount of visibility. Something something strength in numbers. Individually? Probably not.

There is, though. Terra's LFG fund purchased a good amount of bitcoin to hopefully be a backstop if it's the case that UST crashes below the peg; and it did, and LFG was forced to liquidate all their BTC — causing a cascading drop.

Took a look at YoBit's Twiter account — they haven't posted anything for 2 months. Not saying that it's automatically a scam because of that, but it's definitely not a good sign. Take this as a lesson to not leave and forget funds on exchanges. You're lucky at least you still got your capital out.

Also, why the heck is this their cover photo..



https://twitter.com/yobitexchange

How is it a bad thing though? I know we mostly try to refrain people from using centralized platforms, the more centralized exchanges exist, the more the existing ones are incentivized to provide better services because of increased competition.

Same experience with my older email accounts. Hence why I started having separate emails for specific purposes using custom email domain aliases. It can be really handy with organizing emails, and for potentially determining where specific scammers manage to find your email address.

Just a heads up for the readers: Though sometimes there are more phishing emails being sent out to the masses more than usual, expect phishing campaigns to not stop happening at all. Always think twice when clicking links from emails, and don't be lazy and always double check.

The heavy dependancy of CEXs will exist as long as fiat currencies exist — which is, pretty much forever. Our only hope is that hopefully the reliance on CEXs will decrease significantly as Bitcoin/crypto adoption growns in the long-term.