Interesting. I will keep an eye on how events unfold and what our fellow Nigerians on the forum say, there are some who are very active. This can be a guide for us to see what may happen when other currencies like the digital euro and dollar are launched. What seems clear is that Bitcoin and cryptos have no way back. From the moment people start using a similar currency issued by their government, they will no longer see Bitcoin as something so strange, linked to frauds etc.

Call me a pessimist if you want, but I believe that the masses are going to use custodial services and third parties to do their transactions and are already doing so. It could be that in the future, people will be more and more aware of the "not your keys..." and will start holding their private keys, but I don't see it in the short term.

Hi,

I see that this part of the forum does not have much movement. What would be the best wallet to carry on your mobile? I have seen Samourai, which seems interesting, because it carries TOR, but I have done some research and in this thread:

Best wallet to improve Bitcoin privacy, Wasabi, Samourai or something else?

It seems that Samourai's team does not have a very good reputation, although they compare both wallets in terms of privacy, but Wasabi does not have a mobile version.

I would like to know if any of you use Samourai for mobile or another wallet and what you think.

Was bitcoin.org a forum similar to this one? I never found it while browsing the internet, I guess it didn't have as much traffic and didn't appear as high on google. I've been reading the links tranthidung posted and it seems like a soap opera that I'm having a hard time finding out about because I have no prior knowledge on the subject.

Interesting, I like them, especially some of them. For example:

“The communists and the Nazis are merely two variants of the same evil notion: collectivism. But both should be free to speak – evil ideas are dangerous only by default of men advocating better ideas.”
– Ayn Rand

“If we don’t believe in freedom of expression for people we despise, we don’t believe in it at all.”
– Noam Chomsky

I suppose this thread would be better placed on the Politics and Society board, but I'm not going to report it, I'll leave it up to you if you want to move it there. It's just that freedom of speech is very much respected in this forum and precisely in that board are allowed to say many things that in other internet sites would have been censored.

Really? I haven't.


Since I invest for the long term, I care little about what traders do. I always prefer to see the price go up, but I know that's impossible. I buy regularly and I don't worry about what the price will do next month, I worry about where it will be in 4 and 8 years. Not just the price, but how the popularization and adoption of Bitcoin will have affected our society and our day to day lives.

That does not surprise me. The problem I see with crypto poker sites is that if they don't have KYC, it is very easy to collude. If they have KYC, they lose much of the reason to play on them.

I would tell the OP to get informed and learn about Bitcoin, and to play poker on fiat sites. There is much more traffic, more types of games offered and it is extremely difficult for someone to collude, especially in the biggest sites like PS. You can use software, etc.

Then if he learns to play and earns money he can invest it in Bitcoin.

Although I get the idea of what you mean in a figurative way, strictly speaking, what you say is incorrect.

Money and wealth are not institutions to which people pray. Money and wealth are of this life and speak nothing of what happens when you die, which is a central theme of religions, etc.

On the other hand, I see nothing wrong with people accumulating money and wealth, as long as it is in an honest way. I believe that an essential part of the economic progress of nations comes from the accumulation of capital and the investment of that same capital.

I think the word "total" should'nt have been written because it is misleading but I get the idea of what you mean.


Partially agree, but none of the answers mentioned fiat currencies. You can send billions of dollars or euros around the globe, which in a much slower way than with Bitcoin, most likely having to fill out AML forms and at a higher cost.

Hey, congratz for getting the thread pinned. Maybe you shold also lock this one as since what you wanted has been achieved? It's up to you but that's what I thought.

Apart from what mocacinno has said, I would recommend that you do a lot of research before investing again. You have probably been scammed once and you have been about to be scammed a second time. You have done well to ask here, but from now on buying bitcoin securely and storing it in a hardware wallet I think would be the best thing to do.

Consider the money from the first scam for lost and make sure it never happens to you again.

Yes, I think that is an important factor. Years ago it would have been frowned upon for a woman to go to the casino alone, now that has changed. You also have to take into account the impact of new technologies: today they can gamble from home without anyone seeing them, just as they can watch porn, so it is not surprising that there are more women addicted to porn or problem gamblers than years ago.

I don't know if it will be the same case of the OP, but Royse777 talked a month ago about a fake blockchain.com:

Real or fake blockchain dot com

We will have to see if more cases like this one come up.

He may as well bet in the casino. The way OP puts it, it doesn't make much difference: without having much knowledge, he wants to bet $50-100 and get 10 times as much. You waste less time if you bet on a casino game that gives you 10 to 1 odds and the probability of success is going to be similar.

Yes, I know that many here on the forum dream of Bitcoin being massively adopted with everyone having their own private keys, without using custodial services and taking great care of privacy, but it seems to me that this is not going to be the case. If the majority of people move to using it, they are not going to do it like the tech savant on the forum.

Anyway, I also think this is good because popularizes Bitcoin on a day-to-day basis and helps mass adoption, albeit with third parties, but the OP could have already put the country in which country this happens in the title.

I like your vision, but you still haven't convinced me completely, only partially. I used to think Bitcoin was a store of value and it would remain to be seen if in the future it is a currency. You argued to me in another thread that it is a currency and it remains to be seen if a store of value. Now I think it is both, which I know is not exactly what you think but it is closer to your thinking than it was before.

But I think the analogy you raise is not correct:


I've bolded a couple of sentences.

I don't know what you compare Bitcoin to, but comparing it to indidual stocks is not indicative of anything as an indidual stock can go down when the market is up. If we compare it to the S&P, the S&P has had a comparable rally to Bitcoin, it is up 100% since then, which is less than the 1306% you cite, but that is a lot of upside in a year and a half for an asset that is up 10% on average per year, and where the assets that make it up are stable low volatility.

I don't see a conspiracy of a hidden hand trying to make people think that Bitcoin is an asset linked to other assets. People just believe it without anyone trying to convince them.

The masses who are buying Bitcoin are not doing it because they dream of paying with Bitcoin at Starbucks, they are doing it because they want to make money. The same goes for institutions.

Another thing is that in day to day life many people spend it as a currency, but it has the part of a financial asset.


Well, he seems to have a strong and clear view of what Bitcoin is and how it works, but the conspiracy theory part I don't see it either.

Yes. Without having to look very hard, I have found another case of the same style:

He writes:


I look further up on the same page and see that he has copied it, changing it a bit:

Maybe it has to do with the fact that he now works for freebitco.in and before he didn't?

I've seen his post history and it seems that at some point in 2018-2019 he started working for them. Lately he rarely posts in threads other than freebitco.in ones. Although he did help me on LoyceV's technical thread about consolidating inputs once.

Are you sure it is blockchain.com and not a phishing site, OP? It sounds quite like a phishing attempt to me.

Maybe apart from what mocacinno said, it would be better to take a screenshot instead of copying and pasting the text. See if the connection is secure.

I would not be surprised. I'm sure that many of those who preach that Bitcoin is going to go much lower when there is a downturn, or even that it will go to 0, are people with confirmation bias: they didn't buy in the past of maybe they bought and sold at a loss (out of panick) and now want the price to go to 0 to tell themselves they were right, instead of thinking about how foolish they were for passing up the opportunity to change their lives.