From personal experience, I can agree that it is not wise to give financial advice to anyone, especially when it comes to investing in cryptocurrencies. It's not just a question of telling someone to "invest in coin A or B", it is already a question of how someone will store what they bought, and the reality is that most still store digital assets in ways that are very risky. If you are already advising someone to invest in Bitcoin (or some altcoin), then explain to them the risks that come with using a mobile or desktop hot wallet, or storing on crypto exchanges.

I was in a situation where I felt responsible for someone losing money because of my advice, so even though I wasn’t directly to blame for someone behaving irresponsibly, I paid damages out of my own pocket and learned an important life lesson.

Given how easy it is to protect yourself from such dangers, it is all the more strange that Internet users still face something like Google ads in their browsers. I don't like commercials on TV and radio and I immediately switch to another program when they appear, and I wish the thing was as simple as with ads that appear online in various forms.

I’m not claiming that all ads are bad, but Google and its service have long been known as a phishing paradise, and it’s not something that’s just annoying, but also potentially dangerous.

But it was probably at a time when not everyone could even have a computer, let alone the Internet. Then you could get most of your knowledge at school, from your parents or by reading books - while today you simply ask the search engine and get the results presented.

Today’s children are therefore more focused on some other things than to acquire some knowledge, because knowledge is always available online. I read somewhere that this has the effect of reducing the percentage of the brain we actively use, which would mean that technology is starting to limit us in some way when it comes to cognitive abilities - computers think, and we are becoming less and less intelligent.

Of course, I was thinking of non-custodial crypto wallets - and there seemed to be nothing but the Satoshi client at the time. Given the very early period and the fact that Bitcoin has existed for just over 1 year, I don't think anyone who wanted a non-custodial wallet had a problem downloading the Bitcoin core considering that the size of the blockchain was far smaller than it is today.

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There are not many members who were here in 2010 and are still active today, and of those who are recognizable, I found 2-3 such profiles. You can look at BPIP and try to find someone from that time who is still active. Someone probably traded BTC in the way you described, but unfortunately most of those who answered you in this thread came to the forum much later and have nothing to do with that time.

A person who might know more about this is one of the founders of this forum, but has not been active for a long time - you can try to contact him via his Twitter - https://twitter.com/marttimalmi

There is something strange in the whole story, unless some company had a very strange way of selling BTC, because how to explain that the OP got some words that we could interpret as seed today...?

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Someone corrects me if I'm wrong, but was there a custodial BTC wallet in 2010 besides Bitcoin-Qt/Core? Do you remember which Bitcoin program it was, or do you speak in general?

It's been months since I personally reported a few fake CM sites to that same link you posted, but nothing has happened. I doubt that these reports are handled by people at all, and their AI is clearly too unintelligent to discern the good from the bad.

If we were to go into conspiracy theories, maybe the whole point is not for someone to make a profit by scamming potential users, but just to do harm to CM.

8.1% from the perspective of some other countries seems quite harmless, so I wouldn’t get too upset about it.


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This is the first time a former bounty hunter has asked where bounty campaigns are located (at least as far as I can remember). I think that in the beginning disqualifies you from being a successful hunter, although the criteria in this part of the forum are so low that you will not have too many problems for someone to recruit you. Of course if you manage to find the desired board

This is the first time I've heard of this wallet, and I'm wondering why anyone is going to experiment and practically lock their funds with something that is technically unfinished, or maybe even scam. When I say scam, then I am referring to the fact that many users complain that they cannot send their funds from the wallet, and that is one big red flag.

Some of the reviews :





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Children should have a carefree childhood, without any burdens going in the direction of something like Bitcoin. Not only is it a security risk as you learned from your example, but it is illogical for children to be introduced to something so early when by all measures they are far from legally owning or trading such assets.

Despite the fact that some people persistently push the idea that children should be educated about how the online world works in the very early stages, and I am thinking primarily of computer and smartphone manufacturers who just want to sell as many devices as possible - children should be kept away from such things at least until they are 12 or more years old.

If someone thinks it's normal for a 7-year-old to spend hours playing on the computer or watching TV and then be surprised that his child turns into a little zombie, don't be surprised when things go downhill.

https://www.wgu.edu/blog/impact-technology-kids-today-tomorrow1910.html

Of course, he is not a prophet, but only one in a series of influencers who parasitize on naive and uneducated people, using Bitcoin as the main bait. He may be alive in 2036, and maybe 1 BTC = $1 million, but I'm sure that by then the purchasing power of $ will be far less than today. Yet he should be careful what he does and says, because the last prophet who spoke of 1 BTC = $1 million, and in addition shill various shitcoins is no longer among the living (McAfee).


"Watch what you want because it could come true" - an old saying that you may not understand, but it may be clearer to you this way "not all that shines is gold".

It is true that many European countries have exploited and enslaved Africa for centuries, and unfortunately they still do so today in very cunning and sophisticated ways. Your desire for success and advancement is logical, but I don't think your role models should be the ones who have been taking advantage of you for centuries.

I don't see anything wrong with stating the real facts, because some don't read anything more than the title and the first post anyway, and some even have a Bitcoin discussion board on ignore. The Bitcoin conference in Miami has been announced for a long time and everyone was expecting some positive news, and since the President of El Salvador announced a few months earlier that two more countries would declare Bitcoin a legal tender, some misinterpreted the news about Madeira and Próspera.

What is your definition of Bitcoin, is it perhaps a system for permanently storing messages on the blockchain? Maybe Satoshi made a mistake when he added the message "EThe Times 03/Jan/2009 Chancellor on brink of second bailout for banks" in Genesis block

If we search the blockchain we can find really interesting messages, such as those about marriage propositions - I wonder if any of them resulted in marriage

There is a thread in the Bitcoin Discussion in which this matter has been clarified, although some (including me) started rejoicing too soon without taking into account that Madeira is part of the EU and that such decisions cannot be made exclusively at the national level.

I don’t know how much Madeira is a better candidate for some kind of crypto hub compared to Malta or Gibraltar who has also pointed out in the past that they are or will become crypto-friendly countries. The problem will always arise when various crypto companies start doing business in such areas and come under the radar of various international agencies on suspicion of money laundering or possible terrorist financing.

Who is the person who randomly plays with numbers and why is it relevant to you personally or to someone else who will read your post? It is amazing that there are hundreds of thousands of people who follow the social networks of such so-called experts, who make loads of money by selling you fairy tales.

Furthermore, what does a decision in Portugal have to do with anything somewhere in Africa? The idea that Bitcoin should be anonymous or not taxed is meaningless, and Portugal is among the few exceptions, it is only a question of how long it will be able to maintain the law.

As for Kwon and the comparison with Madoff, it's not something to compare - although I don't mind this narcissistic hypocrite and cheater going to jail for a very long time. However, South Korea treats such cases quite lightly in my opinion, because as far as I know, he is charged only for non-payment of taxes. I can’t say for sure, but Kwon seems to be some kind of privileged caste in his country, as he obviously doesn’t come from an average family if he could have studied at Stanford (US).

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@Agbe, please reduce your images to an appropriate size, it is very simple and many will appreciate it.

You have to take into account that we constantly have an influx of brand new investors who know very little about what is actually going on, and instead of first researching what exactly it is, they invest first hoping for overnight profits. Some will succeed, but most will pay the price for their negligence and haste, although they could have protected their investment by devoting only a little more time to it.

In light of recent events, I would not call stablecoins a safe way to store value, as these are (mostly) fully centralized coins that can be frozen no matter where they are located. Technically, $1000 in your bank account or home safe is safer than $1000 in a stablecoin that can become unstable or frozen overnight.
 

Logic makes very little sense to most who can't stand their investment melting away, so they often try to save what can be saved in fear of losing even more. Part of that thinking stems from the fact that people don’t understand what they’ve invested in, but the biggest reason is that most gamble with the money they need, and can’t afford a long-term investment.

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@so98nn, you have a typo in the title - you probably meant to write a formula.

If Bitcoin is basically a currency, and someone says you can't use it that way, then it's actually attacking the very essence of what Bitcoin represents. This, of course, does not prevent individual transactions, but it undoubtedly sends a clear message that this is something that is forbidden in public business. If we remember that Turkey did the same thing more than a year ago, then it is very possible that some other countries will do the same in the future.

Bitcoin is obviously a problem from the perspective of most world governments only if viewed from a currency perspective, because the centralization of the monetary system is one of the cornerstones of human society’s control. So I think this is a change in tactics that once went in the direction that Bitcoin is something used by criminals to the point that mining it is a big environmental problem - and if you can't convince someone that something is bad, you simply disable it legally.

If we add to that a profit tax of say 30% as is the case in India, then we will throw a lot of small players out of the game.

Physical shops where you can pay with Bitcoin are generally very rare, unless we are talking about some crypto oases like Arnhem in the Netherlands or that in theory Bitcoin should be a means of payment in every physical store in El Salvador. Everything else is just an exception, but in the online world things are completely different and the choice is far greater.

If the real world is the one online, then I can say that I often buy things in that world - although due to taxes and customs I am based exclusively on what I can buy within the EU or locally. Over the years I have bought really different things like TVs, smartphones, various gadgets and even food and drinks that I paid for with Bitcoin.

It's not that hard if you have an online store that allows you to pay for everything with Bitcoin (and some altcoins), and the choice goes from a simple bag of chips to auto parts or some expensive electronics.

This is a rather strange explanation given that the AV database is updated at least once every 24 hours with the latest antivirus definitions, although these intervals may be more frequent. Of course, here I am talking about those AVs that have the best reputation and are not free software.

Anyone using Windows OS should have good AV, firewall, and antimalware, especially if your computer has crypto wallets or you trade cryptocurrencies. A good AV/antimalware will protect you (in most cases) from downloading a fake wallet or any malicious file, and a firewall is also a very important part of security for any personal computer.

The problem is that most people don't want to pay for premium security solutions that aren't really expensive, and they think that such security solutions will slow down their computers. If you use an old computer with 2 or 4 GB of RAM, everything will be slow anyway, so without at least 8 GB of RAM we can't talk about comfortable work on the computer.

The test period of 12 or 24 hours is common with such services, it is not something you can take without paying - the owner can turn you off at any time. Also, such services are usually the most expensive if they are paid monthly, and for 3-6-12 months the client should get a significant discount.