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4401  Bitcoin / Development & Technical Discussion / Re: [Megathread] The long-known PoW vs. PoS debate on: February 28, 2022, 11:03:06 AM
I see PoW vs PoS also in a philosophical way: it's meritocracy vs oligarchy.
For PoW one has to work hard and good to obtain rewards and trust.
For PoS the rich ones rule; you have no other choice than just trust them because they've bought that coin.

I know that PoS lovers will come and tell that ASICs can also be bought on big numbers by the rich. Still not the same. PoW is the right direction.
The only thing I'd like to see more is that large ASIC farms start building their own sources of regenerable energy (although I know that the PoW vs Environment drama is fake)
4402  Bitcoin / Bitcoin Discussion / Re: Recent events should make everyone withdraw all their coins to their own wallets on: February 28, 2022, 10:50:15 AM
First many still don't know the difference between custodial and non custodial wallet and the benefits of owning a non custodial wallet. Many crypto investors just feel all wallets provides equal benefits

Well pointed out. I feel that this is the main reason for this topic. (PS. You may want to fix your quotes though)

If it is somewhat true that about 5% of the world's people own Bitcoin or have been involved in some way with other cryptocurrencies, then it is clear that most still trust banks more, and that a good portion of those who own a cryptocurrency still trust custodial services. Maybe that will change now that people in Russia are being forced to look for an alternative because of all the sanctions that are in place and those that are yet to come.

Indeed, the percents are very small. I don't know if it's 5%, however, small. But it doesn't necessarily means they trust banks more, I think it means they don't trust (or simply fear of) bitcoin.
It was said for so long that's unsafe to keep money in Bitcoin, most do follow that.
It also doesn't mean that 95% would keep their money in banks, some don't trust banks and keep fiat at home (which makes them perfect targets for thieves).

The problem is that the money in banks is (at least lately in Europe) even backed by the state (under 100k/person/bank, which is usually enough). So extra trust... until something bad happens (remember that in Iceland everybody lost all their bank deposits in 2008? or just look what happens now in Russia and Ukraine too; even in Romania panic did strike and many ATMs were empty yesterday)

If we take El Salvador as an example of a country that first declared Bitcoin a legal tender, Russia may be the second big experiment where Bitcoin will become the best alternative if its financial system collapses. Although I have no doubt that the regime will react very sharply if people start using Bitcoin en masse, which poses a far greater danger to the government than people living in misery and poverty.

El Salvador is a wonderful example to follow, although afaik most people there too use mainly custodian services.
And Russia... I don't know if I want it declare Bitcoin as legal tender, nor used by their government; it may label it criminals' money and I don't want that.
4403  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 27, 2022, 07:59:12 PM
Somebody's selling cheap. Again.
4404  Economy / Services / Re: LoyceV's Avatar for Rent [first 🦊🦊2 YEARS🦊🦊 (153 weeks) rented out] on: February 27, 2022, 06:37:49 PM
It reminds me that skit https://www.youtube.com/watch?v=Ms7capx4Cb8 - you know, Australian wildfire thing.

Thanks for the laughs.

Bingo - we will see what come next. China? Queen?
Looks like Defcon 2 is next.

Yep, my vote also goes for Defcon 2. And we're early. China may be next. Although.... how's the queen lately, since she also had/has covid?

And there I though I started to feel better.

Don't celebrate victory yet, the bugger loves to play dead for a short while just to hit in another area. I surely hope it's not the case for you, still, make sure you're prepared (and continue to take medicine if you started doing that).
4405  Economy / Currency exchange / Re: ukraine odessa cheap btc sell on: February 27, 2022, 06:23:56 PM
You may not receive a lot of offers despite the good rates, so I suggest you try using p2p exchanges like localcryptos.com or binance p2p if you don't mind KYC so that you avoid getting scammed like the guy whose reply is above mine

Binance p2p link for your local currency - https://p2p.binance.com/en/trade/sell/USDT?fiat=UAH&payment=ALL

While I do agree that OP should first check the trust rating of everybody answering here and decide for himself who is doing business with, I don't think that platforms like Binance P2P would work.
He needs somebody he can meet in person because all ATMs are empty in Ukraine now.
4406  Other / Off-topic / Re: Trying to secure my PC on: February 27, 2022, 06:08:04 PM
No matter what, there will always be pros and cons for AV on your PC, but if you choose the best possible AV with a solid device configuration, I think the benefits far outweigh the disadvantages.

My point was not about the common AV. I do agree that one needs to have such a tool installed (although nowadays even Windoze comes with one not-too-bad).
My point was about those with strong protection (i.e. over the average functionalities) - usually coming with somewhat more difficult-to-handle functionalities/annoyances (and I'm not talking about the advertising).

But I can also agree that depending on what anti-viruses/protection systems one has been using in his life the experience over what one or another such tool offers and demands may differ.
4407  Other / Off-topic / Re: Trying to secure my PC on: February 27, 2022, 02:07:09 PM
It's not that simple, because it all depends on the configuration of the computer and which AV program we use. I have 8 GB of RAM and a pretty powerful AMD processor, and I don't feel like I have Norton Security and Malwarebytes Premium in the sense that they overload the system. Norton actually consumes just over 100 MB of RAM, while MB spends twice as much, but considering the total RAM, the work on the computer is without any difficulties.

I think we should dispel the myths that were created 20 years ago when computers were actually like toys compared to today, and that no modern computer with a solid configuration will have problems with security software. However, it should be emphasized that there are big differences between AVs, and free ones should definitely be avoided because it is obvious that they charge for their service in some other way.

In my case - i7, 12GB RAM - I do get annoyed by the Auto Containment feature that sometimes doesn't recognize an installer, some other time doesn't recognize an exe built by myself, or some other time doesn't allow me install an update to one or another wallet. Or I feel how the antivirus slows me down when I backup folders with 10000s of files.

Of course, I don't use such a computer only for browsing the internet...


But I know what to do to handle my antivirus for my needs and I'm okay. Others may find it more annoying or even highly difficult.
4408  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 27, 2022, 01:46:58 PM
This will be a problem for the hotels, not for the guests.

I'm sure the guests will be overly happy to have their (early booking) advance payments lost because they cannot pay (in euro) the rest for their accommodation for the holidays.
4409  Other / Meta / Re: [HACK] One-click mod report, not for the faint of heart on: February 27, 2022, 01:11:57 PM
I was considering it, but to make it really usable I would have to create a whole UI for configuring those report buttons because users can't modify the code of an extension that's installed permanently.

Not necessarily.
A simpler approach could be to make a poll, see the 5-10 most frequent options and add those.
Maybe, if not difficult, add flag for each of those option whether to be added or not + one flag for real vs demo mode.
But that's all. I was not implying anything fancy (which means unnecessary work), no. Just the useful part.
4410  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: February 27, 2022, 12:21:59 PM
If you want to buy Russian oil and natural gas you have to pay rubles or gold.

...Just make sure the gasoline you spend for transporting the gold doesn't cost more than the actual gold.

So, again, why not Bitcoin then?
4411  Other / Politics & Society / Re: I BUY RUSSIAN TANKS - 100 USD in bitcoin on: February 27, 2022, 11:25:01 AM
would rather sell their tanks, I am interested in buying. I offer 100 USD (soon to be 20M rubbles) in bitcoin upon receival of the tank keys

Just be warned, you may have to get some fuel with you when you'll try to get them home, as they seem to have .. certain supply issues Cheesy Cheesy

$100 is too low ball, imagine how much Uber would cost to get home from a war zone.

I don't think that the 1M offer is real, not many can afford that. I find this offer much more reasonable/real, it has better chance to be honored (by the buyer) than the big 1M offer.
And with 100$ they can buy a ticket home and also have some change for a beer. Looks fair to me.
4412  Other / Meta / Re: [HACK] One-click mod report, not for the faint of heart on: February 27, 2022, 10:15:32 AM
Is it difficult to make this part of the BPIP extension, as yet another optional feature?
To say that it would be a great addition it's an understatement.
4413  Bitcoin / Bitcoin Discussion / Re: Recent events should make everyone withdraw all their coins to their own wallets on: February 26, 2022, 12:52:34 PM
The question, which should be discussed with both topics is which is more important?

Security is the most important one imho. And imho security doesn't necessarily means hiding from govt. Security means that you can have control over your funds anytime, no matter what (as long as you have electricity and internet, obviously).

Exchanges, with their KYC and SAFU can give a false sense of security. And imho this is the topic about: just another angle for "not your keys, not your coins".

Securing properly the wallet and the use is another, much wider topic, from basics like hardware wallet, clipboard malware and even "don't send your coins to an alleged Elon Musk promising he will double them", to more advanced things like "why Windows is bad", use of cold storage and safe generation of paper wallets, maybe also mixing and hide from govt, if you want to.
4414  Bitcoin / Bitcoin Discussion / Re: Recent events should make everyone withdraw all their coins to their own wallets on: February 26, 2022, 11:56:40 AM
Then comes the Canadian truckers.
~snip~
Then comes the Russian invasion.

Binance freezing the funds of Nigerian customers may also worth mentioning.

You left out the point of "So long as you know what you are doing and practice good security"

While you are completely right, I feel that properly securing the wallet (and usage) is another topic. A very important one, still, a different topic.
4415  Other / Beginners & Help / Re: Linux Vs windows OS security on: February 26, 2022, 11:14:43 AM
Linux OS is not for everybody, if you want to be a Linux user then you should be a smart fellow, I find Linux OS a very frustrating thing to use compare to windows OS, scammers find windows OS more easier to target because it has more users than Linux and it's also closed source.

I think that your information is greatly outdated. Nowadays one can use a Linux Mint, for example, getting the look and feel pretty close to what's on Windows.

I read online that Linux OS is much more secured than windows OS so how about running a crypto wallet on Linux OS instead? Anyone running wallet on Linux OS on here? .

I won't answer to the direct question, but I'll tell something else: no matter how safe an OS is, if you are not used with it you have good chance to make bigger mistakes than on an OS you're used with. So if you are doing great on Windows, my advises are:
* stay on Windows for now (I really hope - for your security - that you have a proper key for it or no key at all and you didn't install a crack for it)
* if you have the time and patience, start taking a look how this and that Linux works for you
* get a hardware wallet (but never forget to pay attention on what software wallet you install and to pay attention against clipboard malware too)
* don't click onto any and every page, link, ad, image, e-mail and so on; don't install everything from any source; don't install cracks
4416  Bitcoin / Bitcoin Discussion / Re: Using BTC vs. Using Credit / Debit cards and purchase tracking and privacy. on: February 26, 2022, 10:45:23 AM
Those rewards are not free money. They are paid by the merchants who must then increase the prices that you pay.
It's not the merchants that gives the reward. It is the CC issuer. Every time you make a POS transaction the merchant has to pay a small fee. They share the fee with you.

There are many cases the CC issuer and the merchant strike a deal to give you those rewards.
There are many cases the CC issuer has CC branded under the merchant's name - again, part of a deal that should end up with some benefits for you if you use that CC, compared to the rest of the buyers.
4417  Other / Beginners & Help / Re: How can I get over clip board malware attack? on: February 26, 2022, 10:42:37 AM
I suggest you use a hardware wallet. I even have a habit of always double-checking the address on the hardware wallet when sending coins.

While hardware wallet is not a bad advice, one has to carefully double check the addresses whether he's using it or not.
What I also mean is that HW may give a false sense of security, while it doesn't actually help (directly) against clipboard malware.
4418  Economy / Services / Re: LoyceV's Avatar for Rent [first 🦊🦊2 YEARS🦊🦊 (153 weeks) rented out] on: February 26, 2022, 10:35:58 AM
My head hurts like hell, and I seem to turn my bed into a swimming pool, but I can still breath so that's good.

Woah  Sad
Get well soon, man. Beat that little bugger!
4419  Other / Beginners & Help / Re: Basically do something to improve this forum on: February 25, 2022, 02:46:06 PM
So what to do to improve this forum.

* Read a lot. (One possible starting point could be this.)
* Don't spam. Don't plagiarize. Actually obey the rules.
* Be helpful.


...Did I miss anything?
4420  Other / Beginners & Help / Re: How can I get over clip board malware attack? on: February 25, 2022, 02:39:19 PM
Some of the articles I read

You seem to have missed the spot-on resource for this: How to lose your Bitcoins with CTRL-C CTRL-V
All in all, as usual, the best protection is you: check thoroughly if the copied address and the pasted address are indeed identical. As simple as that.
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