What you thought you have memorized and knew for years can still be forgotten. Haven't that happened to you before? It has happened to me. I was surprised that I forgot my highschool anthem after many years that I finished from the school. That is just one example, there are many. If you check my posts on this thread, the memorization I am talking about should be the fourth backup while not depending on it. The best are offline backups.

The question can just be that 'can Binance be hacked'? Exchanges can be hacked. But I do not know if it is going to be to the extent that Binance would fold up and stop providing crypto exchanges services. It is not good to leave your coins on exchanges, not only Binance but all exchanges. Save you coins on a good noncustodial wallet and never too much be bothered about if Binance can fold up. Crypto self custody is the best. If trading, leave just little amount on exchanges.

But what about natural disasters? It can affect large areas in a way even if the seed phrase is backup in different locations, the whole house and many other houses can be distroyed and everything is lost. It is not good to depend on memory, but there can be sometimes that it can be helpful. Have offline backups on papers in different locations is advisable, that is true, but what can be done if natural disasters like earthquake or flooding occur in a way someone's home is affected, property destroyed and the three seed phrase in different locations all got lost?

Assuming someone is in Pakistan when that flooding began?


Mistake can happen in a way the one seed phrase backup would be lost? At least, have two backups or three. The second or third can even be inside the wall of your house to be the last thing to do if the first seed phrase is lost. Another one can be inside your mattress in a way you can loose the mattress cloth, cut the mattress foam with a blade and insert the seed phrase paper backup, gum the mattress foam back with glue in a way the seed phrase is not affected and sole back the cloth. Another is a paper at your backyard buried under the sand in a very small metallic box. There are many ways you can think to backup seed phrase differently that it would be difficult for anyone to see it. But which may not resist natural disaster.

To avoid natural disasters like earthquake, landslide, flooding or many others like that, it is good to have your seed phrase offhand. This is not advisable at all, it is good to backup your seed phrase in different places instead, but after that, you can have it offhand, but do not depend on your memory at all, but it may be helpful.

If you have seen some lies on crypto news sites, you will not want to follow people's opinions, you will highly prefer your own opinions. Today, person A would say something, tomorrow person B will say another that is contrasting to what person A said yesterday about the recent trends and . Plenty misconceptions are online.

I prefer to follow my own ideas and I use different approaches.

If someone do not have money for paid VPN, he can just use the ones like ProtonVPN, there are free part of it that people can enjoy, but the servers available can be congested at times, but with no ads. But most free VPN are not advisable because of ads and they are not secure and safe at all.

Before using a VPN for a gambling site, better to check it on the gambling site terms and conditions before using it. As for me, I can not use VPN for gambling, but gambling is legal in my country.

If you read the news, the police and the journalist have not yet known what actually happened, if this is truly totally related to gambling or not.

Also it can remain the fact that only the woman can be able to answer the question.

That is Nigeria, people are frustrated in Nigeria with increasing poverty and low standard of living. We do not know what that woman is going through that led to that. People in a developed country may see it as another thing, but it may be lack of money and poverty that caused it. It is good to have money, but Nigeria is just one of the worst country that people are living below the poverty line.

Maybe someone borrowed her money in agreement that if she did not pay back, he will collect his child.

Everyone has their own mistakes to learn from, people like to try something out. I have a friend, he gambled for the first time, he lost and he never gambled again as he has been saying after the lost, that is his experience. The Money my friend used could be small to us, but not small to the poor. He is not rich like Micheal Jordan's son but the money used was small to him. That means the money Michael Jordan's used is small to him too and he learned his lessons. That is just life. That does not mean the guy won't be successful or that he is not taught well. Try check the other part of a person's life before making conclusion.

Miners are using more clean energy than before is what this thread is all about, it is not about misconception that we are trying to let people know, but you are posting just supporting the misconception. Did you read the OP at all?

Bitcoin miners are most using ASIC to mine bitcoin, the days of GPU has been around 2020.

Bitcoin mining is still profitable, that is why the mining hashrates has been increasing. Check the hashrate chart of when bitcoin has been created to this present day in the diagram below:

https://www.blockchain.com/charts/hash-rate


The increasing hashrates means miners are getting profit from mining, if no profit is there, some miners will not mine again which will reduce the hashrates.

Gambling is fun to some people. If the government ban gambling, some people will look for ways to avoid the ban and continue to gamble. That is people for you. I will not like if the government in my country ban gambling, but why they legalized it before and later suddenly ban it? They supposed to have banned it from the beginning, but not when many people has already liked it. There would be effective means to avoid the ban.

I can never call what supposed to be human freedom that the government are againsting humans for to be seen as illegal, the government too can do something wrong, making their citizens to more succumb to their ways of not given citizens the freedom that they want.

Some gambling sites do not accept VPN in a way it would be blocked, some will accept it for bypassing but against the gambling site rules. Some gambling sites can block the account of a gambler because of VPN. The best that I think is that the government should allow gambling. This would protect their citizens from a lot of things that might arise if the gambling site wants to cheat them rather than staying mute when they were cheated by the gambling site. There is more risk involved if the citizens are not allowed to gamble.

It is also good to read the ToS of a gambling site cornering the use of VPN before you make use of the gambling site. But VPN is not advisable.

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=3254306
Current amount of posts: 968
bech32 BTC address for payouts: bc1q8tru3hxa8vu6z0pp3xr74u5maqyg8hz6fmuks3
EARNED merit in the last 120 days: 147

https://cryptodirectories.com/news/next-bitcoin-bull-run-to-be-half-story-half-utility-mike-novogratz-at-token2049/


Mike Novogratz has made a prediction in the past which was correct, but people that understand bitcoin price history would have predicted in 2020 that the price of bitcoin would significantly increase after halving and it was like that. But some people still always use something happening in the world to be the cause of bitcoin price increase, some are true but not all the cause. When COVID-19 started to affect the world in March 2020, the price of bitcoin decreased from $10500 to $3800, it was said that COVID-19 caused it. Bitcoin price later increased and reach $63500 or so in 2020, it was said that COVID-19 caused it. I believe halving is the main cause, but people like to link what is not to something relevant at times.

What I will not agree about here is the indirect statement that story like halving will not have effect on the next all-time-high. People should not believe this. After 2024 halving, be expecting all-time-high again. It is best to hold now.

Bitcoin is highly utilized already and the utility is increasing which is part of the adoption and price increase, but the story part has never gone too which is halving.

There is no reason most people buy account than to earn money. I asked the question to only suggest him to buy a copper membership and nothing more. But he did not reply.

Why do you need to buy a bitcointalk account? You can contribute good and let your newly created account to just rank up. It is better that way.

Know that account sales can lead to scam. Also know that you can buy an account that has plagiarized before which may later be banned.

Or you need an account for business reasons?

This topic is not about being humble. Because you are gambling, that does snot mean you are not decent. Gamblers with the right mind can be decent too. There are people that are not gambling and not decent.

That does not mean Micheal Jordan did such a thing too. His child is 19 years old, still at teen age but an adult because he is above 18 years. His father may not know what he did until it became news . We can not know all what our children are doing. Because you did not give your children money for gambling, that does not mean they do not have money to gamble with as long as you are a millionaire.

It is not good to go for unlicensed casino because they may misuse your KYC, they may not be qualified enough to pay the amount you win. But there are unlicensed casinos.

I see unlicensed casinos not to be legal because if the risks their customers are exposed to. A licensed casino would have been checked to have ability to operate a casino, but which unlicensed casino may not have.

But people should know that a licensed casino may not have good reputation. After checking a casino to be licensed, it is good to also go for trustworthy ones among them.

https://cointelegraph.com/news/nuclear-and-gas-fastest-growing-energy-sources-for-bitcoin-mining-data

According to the report, coal alone accounts for 37% of total bitcoin mining electricity consumption in 2022. Among sustainable energy source, hydroelectric power accounts for 15%. In the report, clean energy generation for mining bitcoin has increased if compared to 2021.



We can see on the images how fossil fuel energy production is decreasing, while clean energy production like natural gas and nuclear energy are increasing.

I am not talking about PoS, I am talking about how people are criticizing PoW while it is also helping people and economy, that people are looking into just one thing about PoW and criticizing it while not looking about the means electricity is generated and how PoW is helping people and economy. Electricity generation in the sense that miners can use clean electricity.

Yes, that is true, I will assume that PoS would also reward people, but not like PoW. I see PoS reward not to be more than the mining reward, but PoW is more than that. But you people are getting me wrong, do not see the OP as a means of attacking PoS. No one says PoS is not good, but how if all crypto move to PoS, that it may not favour in some ways.

Weird thought like? Do not change this forum into a place of abuses by trying to add up to your weekly posts. Who is arguing? Did you see me posting yet after the opening post? Probably you are out of your substance while posting this. The last part of your post let me understood that you do not get me rightly and just want to argue, read the OP very well without rushing it the way you did.

Basketball players, golfers and other players are not the same as teachers, the field are very different. What if teachers to be gambling is against the law of the school? But if not, you are not also wrong, anyone can decide to gamble or not as long that gambling is not illegal in that country. What should make someone not to gamble is if gambling is not legal in the country or if the organization you are working for against it. But to be sincere, I have not seen any company before that has it in law or rule that their worker should not gamble, that should remain to individual's personality.

This life is not balanced at all, but humans make it more to be not balanced. Humans can turn blind us on something and be full of blatant misconceptions. A good instance of this is the bitcoin proof of work (PoW). What did some people said about it? They said bitcoin mining should be banned. Bitcoin miner are working more to the side of using clean energy to mine bitcoin, like waste gasses of the by-product in crude oil refineries and the use of others like hydroelectric power generation and solar energy.

After the Ethereum merge from PoW to PoS, some organizations wanted bitcoin to change to PoS too, but that is never going to happen for now. Instead of people to focus more on how the world can stay away from the use of fossil fuels to generate energy, which are releasing high amount of carbon, all they know is to focus on bitcoin PoW. Is bitcoin PoW the problem? No. Most problem are the countries that have no other alternatives than to use fossil fuels to produce energy.

When crypto mining was banned in China, GPU price dropped significantly. Recently after Ethereum merge, the price of GPU has fallen again, but to its lowest in history.

GPU prices in China drop to their lowest levels in history after the ethereum merge

If no electricity is produced, no labour in electricity sector. The more electricity that is produced, more labour, more employment. Companies that are manufacturing GPU, ASIC and other miners are employing workers. It means more employment.

PoW has resulted to increase in employment, but people do not want to understand than saying it is deteriorating the environment. But the deterioratiion caused by PoW is far less than the one caused by other activities like gold and other mineral mining, other industrial activities and many others that is leading to global warming.