Bitcoin Forum
September 24, 2024, 11:09:44 AM *
News: Latest Bitcoin Core release: 27.1 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 ... 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 [228] 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 ... 377 »
4541  Bitcoin / Bitcoin Discussion / Re: Bitcoin does not provide full anonymity on: August 22, 2023, 10:33:43 AM
Imagine if bitcoin was a true "pseudonymous" cryptocurrency as what people are making it out to be. With proper investigation and tracking, you could even find out who Satoshi Nakamoto really is! After all his addresses are open for people to see, right?
BTC transactions are pseudonymous, that is a correct fact because the blockchain is a public ledger and all transactions can be viewed, and you don't have to doxx yourself for your identity to be revealed through the details of your transactions in the blockchain, all you need do is to use your funds on a centralized exchange or service where you have to register with your ID before using. If you do that, blockchain analysis experts will be able to trace your coins to you if they are really looking for you.

Take note that Satoshi never spent his coins, never did he register with his real identity on any centralized service, so even if we all can see some of his addresses from the blocks he mined, they have no details that link to Satoshi's identity, just an address with a balance. This is why bitcoiners are advised to use decentralized or p2p exchanges to keep their anonymity, or they use CoinJoin services to protect their privacy.
Satoshi wasnt just a careful person; he was the personification of planning and vision. His choice to stay hidden has shown many people how we think we have privacy in the digital age when we really dont.

Yes, centralized exchanges are garbage dumps for people who give up their private rights without thinking. But its not just about them; its also about the way Bitcoin works. Its about putting institutions to the test, spreading power out, and taking power back from centralized organizations. If you dont see how this fits into the bigger picture, you might not be ready for this change.
4542  Bitcoin / Bitcoin Discussion / Re: is it possible to invest in bitcoin to build a country whose economy is down? on: August 22, 2023, 10:11:23 AM
Yes, country can invest in Bitcoin to build their economy which we have seen in some countries like El Salvador who has developed their country with the help of Bitcoin investment. There are many countries today created a good atmosphere for their citizens to acquire the knowledge of Bitcoin so that they will not depend on one job alone in their countries than to take a risk to invest in Bitcoin and have something special to earn in the future, which is the best thing any government that care for their citizens can do to adopt Bitcoin for the sake of their youths. Based on what other countries saw during the pandemic that reduced many countries economy but those countries that adopted Bitcoin in their countries didn't experienced much collapse in their economy.
I do not know which countries have adopted Bitcoin and their economies have not experienced much collapse during the pandemic, because Bitcoin is still very small in scale for the world economy, and until now Bitcoin can only help the economy individually, not in the form of countries, and is there a country that has a very large amount of Bitcoin? because Bitcoin has always been a rival to fiat so it makes governments don't like Bitcoin because they will prefer fiat over Bitcoin, and if there are countries that have Bitcoin on a large scale then they may now be experiencing concerns because the price is declining.
If you want to improve the economy individually then Bitcoin can be an alternative but only people who understand how to benefit from owning Bitcoins will benefit because not everyone understands how to get those benefits, because Bitcoin is an asset whose value is very volatile.
Even though Bitcoin isn't widely used across the country, that doesn't make its impact small. You're right; it's still in its early stages on the world stage, but that doesn't mean it can't grow. Countries like El Salvador have already made Bitcoin a legal form of currency, and guess what? They are making an example

Your idea that states hate Bitcoin because it competes with their money is too simple. Yes, Bitcoin is a competitor, but the real worry is that it is not controlled by a single group. It's the ultimate game of power, and governments just don't want to lose control

And what about the price of Bitcoin going down? Every object goes through good and bad times. Remember gold? What about real estate? A stock? Every market has ups and downs, and with risk comes profit. It is the height of snobbery to say that Bitcoin is only for people who understand it
4543  Bitcoin / Bitcoin Discussion / Re: Is bitcoin best option to invest on: August 22, 2023, 09:49:56 AM
I really like what you said, and I think it's crucial for everyone, including bitcoin investors and business owners. We all know that investing in bitcoin can yield a profit, but it's not the kind of profit we were expecting; bitcoin is an investment for people who are capable of doing it or who have the resources to do so; it's not for those who can't hold onto their money for a long time. When I heard from a friend that his uncle had invested in bitcoin for more than four or five years, I realised for the first time that bitcoin is for individuals who can hold onto something without even thinking about it. This led me to believe that bitcoin is more than just an ordinary investment; it also serves as a form of future savings.

I'm trying to convey that, while investing in bitcoin is not a bad idea, sometimes we need to be aware that it is not a short-term investment and that we never know when we will be needed. There are other ways we can earn money besides through bitcoin, and we should always teach our children and other people about them. If you invest in bitcoin, you might have money problems to deal with, and if you sell it at a low price, you will lose money. I don't think you can sell it like that. However, if you engage in activities like business or something else that will bring in income every day of the week, you will be able to survive even during a period of financial difficulty.

You dont seem to understand the purpose of Bitcoin at all. Its not only something wealthy folks do to pass the time. Our banking systems are not faultless, as the 2008 catastrophe reminded us. Not Bitcoin, but traditional financial methods. Bitcoin is a tool to combat power centralization and the erosion of faith in traditional systems.

You discuss business as though it were the only reliable source of income. Do you know of any businesses that have failed, buddy? They break down every day. Bitcoin represents a significant shift in how we think about money, not merely a "hold and hope" investment. Yes, its important to educate the future generation about diverse income streams, but avoid making Bitcoin look absurd. Its here to at least slightly alter the course of events. Whether you keep it or dont, dont make it any less useful.

4544  Bitcoin / Bitcoin Discussion / Re: Wrong way to accumulate. on: August 22, 2023, 09:24:25 AM
In addition to what you mentioned, there are wrong ways to deposit bitcoins, there are many people who make the same mistake. For example, if an investor wants to invest in bitcoins by taking a loan from a bank or someone else, who will make the biggest mistake?  Again, there are many people who sell their assets like gold or land and think of depositing bitcoins with this money. So I would advise those people that instead of having such negative thoughts, it is best to think positively and invest bitcoins with your savings. Because we always have to think about the fact that there is volatility in the Bitcoin market which can put an investor at risk if he invests with debt. In that case, a bitcoiner should be fully aware of this and it would be better for him to use some of his earnings to accumulate bitcoins.
If history has taught us anything, it is that the quickest way to financial destruction is through leverage and rash decisions in volatile markets like Bitcoin! Selling actual assets for something as unpredictable as Bitcoin or taking out a loan? It's insane, not just foolish! Listen, throughout history, people have consistently made terrible decisions that were frequently motivated by greed and ignorance. Use your money at least if you're so anxious to join the Bitcoin craze. But always keep in mind that in a market as erratic as Bitcoin, you can end up ruling the hill or being laughed at by everyone
4545  Bitcoin / Bitcoin Discussion / Re: Has Bitcoin Helped Create Big Changes In Your Life? on: August 22, 2023, 09:01:17 AM
While you're daydreaming about the "great days ahead," remember that the tides of luck are erratic, unpredictable, and completely unconcerned with your goals

Yes, Bitcoin has shook our society's conventions to their very core. Many people see it as more than simply money; they see it as a revolution against the status quo. My weekly earnings have altered, and by golly, it has even affected the coffee I buy each morning. However, it's a risk, just like the ones I cherish. It has the power to make or break a person

Future-oriented optimism? Excitement? In my opinion, the pleasure of the game and the element of surprise it provides are more important. Who am I, though, to lower your spirits? Also, welcome to the forum
4546  Bitcoin / Bitcoin Discussion / Re: Is it worth it to teach older people about bitcoin technology? on: August 22, 2023, 08:38:00 AM
Bitcoin has captured the center of attention, especially with the younger generations showing keen interest in it. Yet, there are those who believe that teaching older individuals about it might not be a wise investment of time. However, we must ponder: does it carry value? This conversation revolves around the question of whether it's worthwhile to educate older generations about bitcoin.
The younger generation have the interest more than the older ones. When you look around in your locality, you will find out that old people are not interested and some of them even hate the technology. So if you want to teach them, you have to ask them if they are interested and also tell them the risk involved so when they come in to the new technology, then they will not panic when the goes below their investment line. Teaching elders on bitcoin is very good, because their campaign on bitcoin will have much effect than the youth. The government might listen to them faster than the youth.

In my circle of activity, the majority of the first ones to hop into Bitcoin investment are the older people that have money to invest in Bitcoin.  While young adults are busy playing and preparing themselves to be independent by looking for and acquiring jobs, these old people are pouring their wealth into Bitcoin investments. 

Teaching youth is for Bitcoin to be established in the next generation, it still needs to take time for these youth to flourish, but the need for Bitcoin economic activity is now and people who have funds will be a great help in strengthening the economy and liquidity of the Bitcoin market and to be able to fulfill these needs people who had established themselves and have funds to invest.

It may be harder to convince conservative adults but once they become interested, they will surely inject funds to the market.
Even if those "elderly" people may be wealthy, they are simply putting their money where their mouth is at this point because they have had the opportunity to amass fortune rather than necessarily knowledge. Do you believe that the elderly hold Bitcoin's foundation in tenuous hands? Reconsider your position

The youth will lead this movement, despite the fact that they are distracted. Being "established" is not important; what matters is being fearless, creative, and eager to adapt. When one rides the wild wave of volatility and acknowledges hazards, one is playing the real game. So, the true winners in elder investment are merely a sideshow? still outside the ring
4547  Economy / Gambling discussion / Re: UEFA Champions League 2023/24 Season on: August 21, 2023, 05:48:29 PM
`

Pep Guardiola will consider making a move for players he will have to build and work on the players he has no wonder he used the services of Palmer and Phil Foden as the creative midfielder's. They did well but that wasn't a hundred percent.
De Brunyne must be replaced or Man City should sign a player that's can fill up into his role until he is back fro Injury.
They struggled Wining the game against Sevilla and they almost went back home without the finals.
The situation at Manchester City may not be Pep Guardiola's first priority when considering the transfer market. His ability to grow corporate potential makes this even more plausible. When working with Palmer and Phil Foden, he's good. Despite not being De Bruyne, they show Pep's ideas. Accidents can happen anytime, right? Maybe De Bruyne won't play for 4 months. That seems like a long time! He might then look for a new team. Possible, maybe. Strange. Pep's plans and plays continually change, so I never know what to anticipate from Manchester City. Easy Champions League draw?
4548  Economy / Gambling discussion / Re: Premier League Prediction Thread 2023/2024 on: August 21, 2023, 05:33:01 PM
`

But this 3-1 for West Ham United is a lap in the face of all those who were full of optimism. And also, West Ham United was one man down for over half an hour and Chelsea could still not benefit from it. Now Chelsea has a couple of games with seemingly weaker opponents and if they screw this now and don't perform solid games, I am not sure how patient the club would be with Pochettino. But they can't change everything again after a few weeks.
It startled me how badly Chelsea fell to West Ham. Chelsea was supposed to be the better competitor after signing new players and hiring Pochettino. However, the scores showed otherwise. And that West Ham beat Chelsea despite without a player? I cant comprehend it. I havent watched much West Ham this season, but they were good last year. I think Chelsea's upcoming games, especially against Luton Town, have good comeback chances. Missing this chance makes me wonder how long Pochettino will stay at the club. Its all confusing.
4549  Economy / Gambling discussion / Re: Casinos games are not made by the casino teams but... on: August 21, 2023, 05:16:48 PM
Yes, many reputable casinos source games from established developers. Its a bloody game of trust! But here's the kicker: responsibility and manipulation are two sides of the same cursed coin. Developers might craft the game, but who says casinos cant have a backdoor?

If you naively believe casinos are just passive storefronts, then I have a bridge to sell you. They're always after the bottom line - MONEY. Whether it’s an in-house or external developer, both parties have vested interests. If manipulation were to happen, it'd be a wretched dance between the two.

Those clueless souls who think online casinos craft all their games are delusional. But dont be too quick to separate casinos from developers. In this shady world, everyone's hands might just be dirty.
4550  Economy / Gambling discussion / Re: How was your first experience with gambling? on: August 21, 2023, 05:02:38 PM
~snip~
There are many different experiences when someone enters into gambling in the end, one of them is like what you said, at first they just try, are introduced by friends and many more. from that experience there will be different impacts too, some of them stop immediately at that time, some become addicted and others. The danger is those who become addicted, it will make them go too deep and they don't even know how to get out.
However, this often happens in the scope of gambling and when it all happens then it will come back to themselves.

Just like every other addictive thing, you should either keep it in moderation, or basically not use it.

It's the same with alcohol, in both gambling and alcohol ads they usually repeat the same message, "Gamble Responsibly", or "Drink Responsibly", that's basically what people should apply to their vices.

If they continue with their addictive path without stopping, that might end up in a very bad situation.
Yes, it is like that, and I've also repeatedly said that we have to have boundaries in doing it, that will be very helpful. And also any boundaries that we put in place we have to abide by completely, don't let it just be a theory but in practice we don't do that, that's just a lie.
Although we may be introduced by others, we cannot blame others for everything we do excessively. Excessive things are actually not good in any case, just like eating excessively is not good, right? Moreover, what we are talking about here is something that is widely seen as negative.
Consider boundaries to be the solution. Adorable. The shackles that the weak employ to bind themselves are called boundaries. The fact that you depend on them is absurd. In the end, the universe doesnt care if you stay within your self-imposed "boundaries" or not. Keep that in mind. No amount of "rules" will be able to protect you from life's unpredictable randomness.

And blaming others, really? The earliest play in the book is that one. Get up! Its not like we're herd animals. Would we? However, feel free to assign responsibility if you so choose. One thing about which you are correct is that excess of any kind is bad. However, who is to say what constitutes excess anyway? What you consider to be "excessive eating" may be an amazing feast for someone else!
4551  Economy / Gambling discussion / Re: Gambling by financial dependents. on: August 21, 2023, 04:48:05 PM
Inherently, life is a gamble. Any choice you make, every professional move you make, every investment you make is a gamble. Humanity has always sought pleasure, risk-taking, and the excitement of the unknown, according to the old rhythms of history and the currents of society. Well, Im not advocating for irresponsibility, but dont be foolish in believing that young people lack the ability to distinguish between enjoyment and harm.

When done responsibly, gambling may be entertaining. Indeed, there could be a financial "bonus" of sorts. Im not advocating that they stake their entire future on it. To adamantly reject its existence within the realm of human amusement, however, would be stupid. We are not machines designed only to be productive. We require the disorder, unpredictability, and danger. Its embedded in our DNA. Although you may perceive it as evil, it can just be another facet of the intricate human tale.
4552  Economy / Gambling discussion / Re: I can’t cope on my own. What do you think I should do? on: August 21, 2023, 04:33:01 PM
What do you all think i should do?

Rest from gambling and use different strategies on gambling since even with your comfortable sports bet pick is still not working on your side. It only shows that something is wrong on your analysis skills and you should analyze first before you start gambling again.

I usually play different games until I find a game that will give me a better winning probability. Gambling is still requires a lot of luck even on sportsbetting, you will need to experiment until you find the perfect game that will work for you. Just rest if gambling doesn’t give you entertainment and just a burden.
You think resting and strategy hopping is the solution? Look deeper! Every game, every bet, is meticulously crafted to milk your optimism dry. Your "perfect game" is a mirage. And the games that seem to offer better odds? They're mere traps, whispering sweet promises of winnings that will always remain out of reach.

Sports betting isnt just about luck. Its a predatory game preying on your emotional vulnerability. You keep searching for that winning strategy, hoping it will magically align with your misguided analysis skills. Wake up! Stop deluding yourself. Either you get ahead of the game by understanding its core mechanics, or you remain its pawn. There's no middle ground.
4553  Economy / Gambling discussion / Re: do you lose on slots? on: August 21, 2023, 04:18:56 PM
~ this is the point
the cemetery of losers is quite silent, you don't hear people sharing their losses so often, so it can give you the false illusion that winning is easy or that risks are lower than they actually are

But nevertheless, most gamblers realize that the probability of them winning is a bit less than losing. They just hope for good luck and that's why they play, not because they think winning is easy. No?

yes, I think they simply overestimate their luck and can't access probability well, mainly because it's hard for our minds to comprehend math

you have more probability of getting into a car accident driving 15 km to buy a lottery ticket than winning the lottery you are buying the ticket for.
crazy but simple math

If you mean, winning Jackpot, definitely. Same with slots: the chance of hitting something like 100,000x of your bet is much smaller than the chance of getting struck by lightning in your lifetime lifetime. Yet we hope we'll hit it despite the odds. And some people do hit it, and even not once during their lifetime. We hope to be among those people one day. And if that hope makes our life brighter, who can forbid us to have it?

In the event that you've got a lot of time on your hands, it's possible you'll be able to get a jackpot in slot gambling, it's very possible that we can get it, I hear a lot that people have gotten it, even I'm a little surprised that from those who in a week can get 3x big jackpots, it seems like they are in the biggest luck of their lives. But only some people can get that, and I am a person who honestly finds it very difficult to be in that position because maybe luck has not been on my side. That's right, there are a lot of obstacles that we have to go through in order to get that big win, and the main one is a very large number of defeats accompanied by some mental and psychological disorders. But that is just a common problem that all gamblers will feel, so some of them will consider it natural as one of the sacrifices. As long as we still have boundaries and can apply them firmly to ourselves then it's okay to go gambling to fill the time, but don't put too much ambition there because it will only make you worse with a lot of losses.
The house ALWAYS wins. Every time. All the enticing stories about winning a rare jackpot or about winning three times in a row are meant to satiate the base desires and cravings. Thats a delusion, a trick used by casinos to entice you to keep playing.

You discuss having fun and setting limits, but here's the harsh reality: The system is designed to take advantage of you, not to entertain you. both psychological and mental illnesses? They are more than just barriers. Nor are they only "common problems." They are proof of a system that exists to eat you alive and spit you back out. Dont romanticize it. If fortune has not been on your side, it may be time to consider whether the game was fixed from the beginning.
4554  Economy / Gambling discussion / Re: Gambling experience using loan money on: August 21, 2023, 04:00:54 PM
~~~


As far as I watched interviews with addicted players, the outcome of their addiction is 90 percent loss of family. No loving woman will calmly look at how the living conditions of their married couple are constantly getting worse, until furniture or appliances disappear from the apartment. Nevertheless, if an avid gambler comes to his senses and decides to change his life for the better, then his wife (or girlfriend) will always be happy about it.

After all, our women believe in us, and very often this is the reason for gambler to look at himself from the outside and realize how much the addiction has changed life for the worse.

And if there is a small child, then he can be a very strong motivation for the player to change and be treated. After all, there is no reason in this world stronger than taking care of your child.
So, we're invoking evolution to justify gambling addiction now? Humans, throughout history, have indulged in activities that provide immediate gratification, irrespective of the long-term consequences. It's our primitive wiring. Yet, aren't we, as Homo sapiens, supposed to be more evolved? Your argument is paradoxical! Just because the partner or child might be a reason to quit doesn't change the fact that the addiction shouldn't have started in the first place. We need to take responsibility for our actions, not hide behind weak justifications.

4555  Economy / Gambling discussion / Re: Typical scenario when you are losing on: August 21, 2023, 03:35:41 PM
I'm sure everything is just a coincidence, but because you believe in it and it might happen several times so you think things like that affect your gambling.
And I'm not a person who believes in things like that or maybe because I don't pay much attention, does such a thing really exist, I believe every time I lose it's because I'm unlucky and what I believe a little is when placing bets on sports betting and doubting the choice but still choose then the result is always defeat.
I've read that there are indeed a gambler who feels that when he does something he doesn't usually do, he will experience defeat, but that will be true when it happens repeatedly, not just one or two times, because as I said before if it's only occasionally, it's just a coincidence, but certain myths or beliefs are often referenced by gamblers.
Look here, human patterns often revolve around seeking connections even when there arent any. So you think your losses are mere coincidences? Or some cosmic power giving you signs? Absurd! It's the human brain constantly seeking meaning, even in randomness! People tend to find patterns and connections because it makes them feel more in control, even in gambling. Your claims about gamblers linking certain behaviors to wins or losses? Purely coincidental and, frankly, a waste of cognitive processing. Lose because you're "unlucky"? Wake up! Its all in the strategy, analysis, and skill. Dont mask your lack of competence with superstitions. And those gamblers with their "beliefs"? Delusional crutches. Stop playing the victim and start thinking critically.
4556  Economy / Gambling discussion / Re: A weird belief among some gamblers. on: August 21, 2023, 03:17:46 PM

I beg to differ as gamblers are basically addicts who have a tendency to lie. In regards to their downfall as an addict they would find another lie to reason their downfall. I have been comparing gambling addicts with alcohol addicts ans you would find the same behaviour. To an extent that these two addiction are more so similar with their addiction habit. They both hide their addiction, they hide themselves when they are satisfying their addiction. The steal money and they would kill anyone to satisfy themselves. Getting addicted is so bad that they even destroy their families reputation and the bond that holds the family together.

This is the dark and worst side of being a gambling addict. It's hard to acknowledge these, but it's the truth. Most often, those who are addicted to their vices do the vilest things just to satisfy and fulfill their desire. Moral compass is no longer on the table for them the moment they want to achieve something. It's harsh, but it's the reality. When these people no longer prioritize their needs and no longer cares about their surroundings, things will get chaotic even more for them and for the people around them.

Hence, medical intervention is needed in order to combat gambling addiction. If there would be no proper move to resolve it, it will just worsen and God knows what will happen next. Self-destruction is one thing, and perhaps they can go low as you mentioned like destroying their loved ones lives or doing illegal stuff just to be able to gamble.
You are correct, of course, when it comes to the negative consequences of gambling addiction. This beast has the ability to devour lives. But let's not delude ourselves: vices have always been a part of the human experience, have they not? Every civilisation has its share of diversion and intoxicants.

Ethics compass? Come on, it has always been pliable. Today's "moral" might not be tomorrow's. Like everyone else, gamblers are simply creatures of evolution, with a natural desire for gain. And if they go beyond bounds? That's just the character of humanity reflected in that.

medical assistance? It is, indeed, a patch. The true problem, though, is innate in us. Regarding the statement "God knows what will happen next," history has repeatedly demonstrated that mankind is its own worst enemy. Thus, rather than blaming gamblers alone, examine society as a whole.
4557  Economy / Gambling discussion / Re: I will pass KYC later is a bad idea on: August 21, 2023, 03:02:54 PM
Doesnt internet casinos work like real-world power and control? Another illustration of how humans continually find new places to control and profit. KYC? Just a tool, part of the greater picture.

How foolish must you be to start gaming without verifying your identity? Histories illustrate that we should always know how the game works, especially as game pieces. Some of you are eager to jump into the abyss without checking for water.

Online casinos are risky, but so are many other things we use daily. You must ensure that your involvement doesnt leave you out in the cold. Yes, you should clear KYC before playing. A simple historical lesson.
4558  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: August 21, 2023, 02:44:42 PM
Real Madrid is making mistakes but waiting for Mbappe to hire this player because they know Mbappe is not a stable player to choose his destination, also PSG will never lose this player easily. Real Madrid was waiting for Mbappe in the last time and instead of joining Real Madrid he extended his contract and now there is the same situation. Maybe Real Madrid could hire Osimhen instead of waiting for Mbappe.
Kylian Mbappe have tested the full companion of PSG and doesn't believe he will win any significant titles with them other than these former Ligue One titles. Los Blancos would have hire players this season but they're keen on signing Kylian Mbappe next season when he's finally a free agent. Real Madrid really have strong confidence and beliefs in Kylian Mbappe. Los Blancos president, Florentino Perez is a hugh fan of Kylian Mbappe who's very outstanding in his game performance. He's rating is always at the top right from the beginning of the league to the end, nothing changed.
Considering the rumors that are circulating, it appears that Kylian Mbappe and Real Madrid have reached an agreement! This transfer would take place as a free agent the following season, but his recent return to PSG's training camp throws a puzzling curveball. What an oddity! That implies he might not be leaving the French capital very soon. As an aside, as an interested third party, I do worry if Real Madrid is ready for the enormous compensation amount that Mbappe may demand. The wage bill might give them a minor heart attack, even if they manage to land him without having to pay a transfer fee. Well, who knows? Is there a stash that Los Blancos are willing to reveal to Mbappe?
4559  Bitcoin / Bitcoin Discussion / Re: HOW DO WE TRANSFER BITCOIN WEALTH TO HEIRS AND THE NEXT GENERATION on: August 21, 2023, 01:59:15 PM

I understand for other tangible assets, a WILL can be written to be revealed when the time is right. But for Bitcoin, I don't know how this can be done as it may require revealing the secrete codes of the wallets or storage device. Is there any other way this can be done?


A will ensures the legal transfer of your assets to the people you want to have them after you die. Without a will, things would follow the official succession, which are probably your children or parents if you don't have any children. While a will only makes sure to transfer assets in a legal sense, it also needs the physical transfer of all the assets. It's good to add the main contents of your crypto portfolio to your will, so your beneficiary knows exactly what he needs to look for when looking for the crypto coins. In case you hide your private keys in remote places it might be hard or even impossible for people to find it, that is why I would maybe think about collecting all important things and put them in a bank vault. In my regional bank it's not really expensive to have a small vault and I added my crypto wallet information together with other things. The main reason for that vault was that I have some physical gold and some old coins which I don't want to keep at home. Adding my crypto details to that list was a save way to store everything in one place and if something happens to me, my family can easily find all the things. So in the end it’s a trade-off between security of our private keys and making sure that our family is going to find everything once we are gone.



People put on a show to regulate the unavoidable chaos of life and death. Think about it: Human history has seen us evolve from hunters to farmers to computer scientists. After the fact, we're protecting our digital assets? So cute!

A bank's safe? How come? Maintaining physical copies of digital asset keys? Writing an email on a stone pad. Banks are what crypto seeks to avoid. Giving them our digital keys is ironic, if not dumb. Work on ways for our loved ones to get to our things when the inevitable happens instead of a bank vault. Modern means coming up with fresh ideas and updating our thinking. However, secure your gold coins with your ledger. Its oddly gorgeous.
4560  Bitcoin / Bitcoin Discussion / Re: My dream is coming close. on: August 21, 2023, 01:39:15 PM
People who are annoyed by the declining price of Bitcoin due to buying at high prices, while those who are enthusiastic about this condition will welcome happily because they can get Bitcoin at low prices. This is how the rotation of feelings that everyone has with certain conditions that occur in the Bitcoin market. On the one hand investors need to prepare mentally and be patient until the price increases again, while on the other hand those who want to get Bitcoin in large quantities will continue to increase the number of their assets while the price is cheap. The enthusiasm for getting Bitcoins will give you the opportunity to collect more bitcoins while the prices are cheap.

History - in both financial markets and human behavior - repeats itself, time and again. Panic when the price drops? Typical human short-sightedness. The decline is merely a reset, a purge of the weak-minded!

Now, the real winners? They understand the larger picture. Its a game of patience and strategy. While some whimper about temporary losses, the truly visionary are grabbing this digital gold at bargain prices. This isnt some fleeting fashion trend; its the damn future of currency!

The market is and always will be, a battlefield. Emotional investors become the pawns, while strategic minds become the kings and queens. Which one are you? Grow a spine, see beyond the immediate, and understand the vast potential Bitcoin holds. The power isnt in the price; its in the belief and vision of the future.
Pages: « 1 ... 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 [228] 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270 271 272 273 274 275 276 277 278 ... 377 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!