Privacy is everyone's business but not compulsory though. Have you been in a situation of  theft via identity linking to you as a result of lapses from the third party? This is the situation of things now where ones identity is used to carryout crime schemes with third party and they not knowing where it is coming from but still on their platform. In this case, who's to be blamed?

I was wondering if there could still be any safe centralised exchange in the blockchain industry. Of lately lots have been unveiling itself and centralisedexchanges are at the end of it all.  Does it mean that these centralised exchanges that are in existence lacks the capability to safeguard assets and funds after attracting investors and traders to their platforms for engagement and activities?
 How do you explain these things to the people whom have entrusted their funds and assets to you for safe keeping hoping that what they gave to you is under safe care only to wake up to a sad news of their assets being stolen by hackers. How do you explain all these.

At first identifying the problem is a basic course for rendering solutions. If these problems are not identified immediately by the exchanges for quick remedy then who's to be blamed for it. Do they really do constant check on their service to know their lapses, if they do, do they identify it immediately with utmost attention? Do they do a constant check and evaluation on their staff and  mechanisms.

With all these said, what are your opinions on this subject matter as I feel this needs to be looked into for possible measures to be taken for  so as to further prevent or minimise the rate at which exchanges get hacked or being careless with investors and traders funds.

You are right. I actually did after reaching out to him and teaching him, I also encouraged him to also reach out to other fellow colleagues of his too and also as many customers that asks him about it in his shop, he should teach them as I have done to him so they could understand. You know, their shops are mostly filled with youths most times which will definitely attract their attention to the new development in his shop leading them to asking him questions about it.

This is a nice idea and recommendation. I have taken cognizance of it and would implement it in the next phase of my campaign for Bitcoin Promotion and Adoption in my locality. I think it would be very catch and attractive as you have said because as more people or customers sees it, they would definitely want to know what it is all about and then their interest arouse making them be eager to hear and learn how the system works. There and then they would be taught how Bitcoin functions as a digital  currency. This recommendation of yours looks very ok.

The course Crypto Education is a good one and it would be nice adopting it into the education system but before that would be done, there needs to be a curricular for it which the education body needs to come together to agree upon before implementation. This alone would make the global adoption easier and faster to embrace. Crypto education would be a technological thing all through the world as the impart would be felt. The world currently is going through thedigital evolution stage which is driving towards blockchain. So i think OP is on the right track for the Crypto Education.

You did very well OP. Onboarding your nephew was a good thing you did. You just thought him how to fish buy teaching him to be independent. This you did he will never forget. I hope you did the teaching practical by showing him how to setup wallet and other technicalities involved so that he would not have any issues calling you back for some reason as regards to the work you already had done.

In line with the global adoption and promotion of bitcoin for which  I am a member of this community, fulfilling one of the course for which this community have long being on the move. I decided to take the bitcoin adoption and promotion movement to my locality. My major targets are vendors, traders, skilled and unskilled labors in my locality and my neighborhood. To start with, I met this barber in my locality, he is good at his work and gives nice haircut. I took my time to talk with him about bitcoin and how it works.  At the first stance, he was reluctant and said he does not really have digital knowledge and it would be a kind of difficult for him to go through it but I assured him he would like it when I start putting him through the whole process and he gave in. I started by giving him hint on technological innovation towards digital currency with Bitcoin as topic and subject of discussion. He picked interest in the discussion and started asking me questions about bitcoin and how it works for which I responded to him accurately. It was an interesting and interactive session as I made him understand the whole system and how it works.

In other for the communication, learning and teaching process to scale through, I had to come up with a learning scheme for an easier understanding and they are as follows;

1. What is Bitcoin?
2. When and why Bitcoin was founded.
3. Founder of Bitcoin.
4. Importance and benefits of holding bitcoin.
5. How to trade bitcoin. ( listed some  notable exchange where he can trade bitcoin)
6. What is blockchain and how it works.

As a first timer, I explained and showed him what a public and private key looks like, showing him a transaction harsh too was another thing I did for him to get a clearer picture of how it works.


Never the less, I taught him how to set up a bitcoin wallet, the easiest to be precise so he could easily understand and do it himself, copy and send his wallet address to his customers for payment. As earlier mentioned above, I also told and showed him the difference between private keys, public keys  and transaction harsh so he could get acquainted to them all.










For accepting bitcoin as a means of payment, I promised to patronizing him and also introduce him to more customers ready and willing to pay with bitcoin for services rendered  within my locality. He was very happy for my kind gesture of me introducing him to new customers ready and willing to pay in bitcoin which means a plus to his business. It was nice and also fun on-boarding him into the bitcoin movement. I believe he too can reach out to his fellows as I told him to do so because it would aid in the faster and rapid adoption and promotion of bitcoin in other locality where they belong. This course we must achieve until bitcoin adoption gets to the various locality as this is the grassroots goal on target.

Edit.....

I will keep updating this tread as I continue to carry on with the Bitcoin Promotion and Adoption  campaign in various locality.

Using your seed phrase in such capacity is not bad but I think being able to keep memorizing it on daily basis is. Can you be able to do that every day as long as time passes by in years as the case maybe as long as you have that wallet in usage. Come to talk of it, there are lots of activities one gets him or herself involved in on daily basis so tell me if you get entangled with things on daily basis would you be able to memorize your key phrase everyday after a hectic time and keep doing this over and over. The best thing you can do is to keep record of your seed phrase in a particular place where only you can access it at any point in time while you do your memorising work as that phrase is the key to your assets.

Of lately I have not had any winning though but I am hopeful I will win but it all depends on how I intend going about it. Winning a game is not as jus playing the game. It takes more efforts and balance to really concentrate on the game. I believe this time around it will be on my side.

Well there is nothing wrong or bad in learning new gambling techniques. It helps to broaden your knowledge, scope and ideas on how to play games which all directs to making more profit but I really do not think those techniques do really work. For some it does work while for the others it does not work that way. I believe most of these gambles are played just with extra efforts and luck if it is your time maybe you might just gonna hit a jackpot but it is not so you just can not predict it.  Techniques will definitely put you in a better position to winning with advantages and strategies used. This will give you more enlightenment on how to play games to your own advantage.

I checked your website it is a good idea. I had to register as I find it interesting. The gambling section is not funny though but seems is kind of hanging. I had won ones and that was the initial I started but till now I never won anything irrespective of the volume of btc gambled, it has been totally different from my thoughts. So I had no option than doing other options while playing it ones in a while.

Of lately it has been a bet winning galore in Nigeria with people winning huge amount of money running into millions making them millionaires overnight. It's a nice thing winning because it gives hope of sure being a winner. I think luck is just on their side as the winning sprees are very high now. Maybe we should just call it Christmas bonus they got on time ahead of the years Christmas celebration.

Of recent the Central Bank of Nigeria has introduced a new money note and therefore led to set up a new  policy which involves old notes in circulation be returned back to the bank within a stipulated time. This policy was formulated as a result of some findings according to the Central Bank Governor that the money being withdrawn from the society or economy by individuals is far much higher than the money in circulation hence the new policy. Since then lots have been unveiling itself as lots of individuals are rooting for their hoarded cash to  return to the bank while some of them are beginning to discover that their hoarded cash is getting spoilt already. The worst of the policy now is that no new account can take up to #5,000,000 per day and old account #50,000,000 per day with deadline for the old currency change as stated to be January.
My essence of saying this is that as stiff as this policy and Nigerians are more Bitcoin inclined, I think it would be a big plus to Bitcoin because most of them hoarding money and can not return them to the bank as a result of the new policy might likely seek for another option which is no other one than purchasing Bitcoin there by increasing the faster spread of Bitcoin adoption. With this move, more  Bitcoin holders would increase in Nigeria as there are no alternative option than to safeguard their money buy purchasing Bitcoin and keeping themselves off the government's attention.  Gradually, the money that has been out of circulation would find its way back to the economy with more Bitcoin transaction on daily basis.
I think my thoughts are right and this would definitely be the opinion and solution to  their plight in protecting their funds.

That's is a good investment you did. You might feel the pains now after discovering your error made but you did not waste your efforts in purchasing Bitcoin in any ways but if you had checked the exchange rate before carrying out the transaction you would have been able to know what to do immediately so as not to pay this high compared to the price you bought it. However, the dollar price in exchange rate to naira is very high. Naira is quite not stable for sometimes now. Your investment would definitely pay in time to come. Do not fee disturbed.

No chat box for urgent customer service response. If a customer is trying to do a transaction and get stucked how do they get swift response from Bitswapnow urgently rather than waiting for days and going through processes which causes stress and lots inconveniences why not create a customer chat box at the front swap page so as to give customers confidence and trust in your system so they could be able to communicate via the chat box for pressing transaction issues and also to get swift response to emergent transaction situation.

This is a suggestion and I think you might be interested in it. How about including option for new crypto start-ups for users to see. With this, investors would be very much interested in your website as they are really looking for where to always stay glue for Crypto start-ups and updates as regards investment. This will draw huge traffic to your site. I am talking from experience. I think you give this a thought. That option should be at the front page immediately after the swap engine for a clearer view and access.

Looking at the scenario unveiling itself step by step, I think it's past when one would say that they have no freedom of speech and control over resources. Many times the government wanted to control the citizens but it was met with stiff response from the masses. Freedom of speech would never and can never be a mirrage. Irrespective of the fact that there would definitely be some policies initiated by the government to control the people, it would only succeed for a short time but believe me you, the people would surely react fiercely against it. The world has gone far beyond the stage where individuals would be under control for a long time without a revolt. Come to talk of Bitcoin still in the space till 2030, I assure that it would stay far beyond that year as you have mentioned Bitcoin is just like you giving Power to the people so tell me how do you expect the people to throw away the power given to them recklessly, It's not possible. Bitcoin has been designed and built to stand the test of time. So OO I think you would tell it that Bitcoin has come to stay.

Congratulations on your giant strides. You are a good manager with  good management team. Kepp up with your good works sir.

 Follow suit edited as you did not get my explanatory.

I have long been having a thought over this. The sports and entertainment industries gets more attention to themselves unlike other industries. I believe also that they have or share fans that are into blockchain as well. If these two industries looks into blockchain I believe there would be a strong massive adoption as a result of their total engagement with their fans if they constantly accept Bitcoin payment for their shows and events. Like some clubs already doing this and the response is welcoming.

If musicians do follow same step, I think there would be massive adoption as most of them are Bitcoin informed and  inclined. Artists could help spread the move on Bitcoin adoption.


Do you think this would be realized if it is given attention to.

Bitcoin can not be compared with land in some ways but honestly speaking, both have their own role likewise benefits too. Bitcoin has much more value attached to it, Bitcoin is a global entity recognized for it's value worldwide. It has every potential of price increase speedily compared to the other because already, it has been tagged a store of value as a digital gold so therefore this has boasten the use case which gives it edge over other assets. However, landed properties are quite alright. It is worth investing and appreciate with time and importance attached to it. Most times, landed properties depreciates unlike Bitcoin which keeps increasing irrespective of the bear market. Landed properties would need constant maintenance which requires funds which in some cases might not be available which is the contrary in Bitcoin. When you buy Bitcoin, you have purchased it there is nothing like maintenance for Bitcoin but a landed property would definitely need such as time goes on.

Landed properties takes much time to sort out just as OP has said which would require some process which is time consuming and stress compared to Bitcoin which just requires your transacting via Crypto exchanges.

On a good ground, I would prefer Bitcoin  because I already know what it Is. I Bitcoin gradually is getting recognition globally which in the end would boasten the price very much in less than no time.