I totally agree with this, fear of failure, is the main reason for us not too being too reckless. And in my opinion being reckless is one of the main reason people keep making bad decision. And with fear we tend to do things more carefully and research more diligently. But I guess this factors varies for every person, some people are just either lucky enough or so tough they can survive many failures and bad decisions.

I just read the news, and eventhough it is a very good news, it seems the article lack many details, like in what countries the Honda Company will actually accept crypto. I mean Honda is a worldwide brand, and it's one of the biggest brand in my country, and probably in many other countries too, but same as my country there are many others countries where Crypto is not legal tender and accepting payment with crypto is still illegal. I just wish the article could put those details.

No we don't, but as a people who already understand and adopt bitcoin we are never the 'target market'. CBDC was initiated by the Governments and their target market was people who either never heard of Bitcoin, or people who knows Bitcoin but they still don't understand completely and it makes them don't have trust on Bitcoin. With CBDC government will lure those people to stay away from decentralize cryptocurrency like Bitcoin and it's will make them still has some control over people's money.

Talking from an experience, there are some things that I think I did right and other things that I did wrong. The first thing that I did right, the first thing that I did right is that I focused on developing my skills that will make me earn more. Some people told me to invest and such thing, but I don't have enough money to do both investing and develop my skills, so choose to focus to develop my skills and I didn't do any investment, then when I have good enough skills that make me earn more money I started to learn about investment.

Other thing is that I safe money, but I don't buy cheap stuff with low quality, I don't buy overprice stuff either, I bought a good stuff with good quality with fairly higher price but it's durable and actually useful. It actually safe more money than buying low quality stuff even though it has lower price.

Things that I did wrong is that I was rushing to start a business that I actually not really understand. This really harmed my financial condition.

I imagine there was a very heated discussion back then, that should be fun and interesting actually compared to many spammers all praising Bitcoins with such useless and ridiculous topic. Other than that, I think it's common for any breakthrough and quite radical stuff to have a group of skeptics and even haters especially at the earlier era.

But I guess Bitcoin has proven them wrong and they finally realize that there is no point spreading FUD about Bitcoin anymore, even if they are still here they will be bullied by millions of users in this forum because almost all of the users in here is pro Bitcoin.

I think the first question before ' Will Bitcoin be accepted as a dominant currency in the future?' should be, 'Will Bitcoin still exist when people finally adopt decentralized currency as dominant currency?'.

Don't get me wrong, I didn't mean Bitcoin that will be gone soon, even I believe Bitcoin will outlive most of us. But I think there is still a very long time for people to actually will adopt decentralized currency, and by that time, the technology will be far more advanced, and I think there will be much more sophisticated Decentralized Cryptocurrency. Could be 4th / 5th generation of Bitcoin or maybe another cryptocurrency, but I think most of us will be dead before that happened.

Yeah, not really, there are a tons of thread about Bitcoin privacy, I think some of the most popular topic about Bitcoin is the Price Speculation, Adoption and Privacy. And also the Dos and donts on how to keep privacy while transacting Bitcoin is not a new topic either. Something like 'Use new address for every transaction' and 'use opensource wallet' is something that I have been heard for many times.

I don't mind that there are similar discussion happen again and again, I mean there are many new members and they might didn't read the previous thread and didn't join a discussion. But saying that you are different than others because you think you talk about a very important topic that might be rarely discussed by other members seems like youare fishing for merit, while in reality the topic of privacy is just the same with other topics it has been discussed many times.

I don't understand why you think that Robert Kiyosaki statement is something negative about Bitcoin, what he meant is that when is that when Government finally issues CBDC which is very centralized, a more decentralized crypto like Bitcoin will rise, and surge in price, and that's not a bad thing. And he never said that currently Bitcoin is bad investment either, he just said that when the CBDC come Bitcoin will stay and even more people will want Bitcoin.

It's a mental challenge indeed, but I think it's more than that. HODL need a deep understanding on the market, not just believe in product, after all investment is not a religion, it's supply and demand, it's a free market. Understanding when to enter the market, and understanding what is going on with the market will put a HODLer mind at peace.

And on the contrary entering the market and buying any investment recklessly, without understanding, will make HODL very hard even for a mentally strong person.

To be honest I really think that those Quora's answer on OP's quote is a joke, lol. Either that or he watch too many post apocalyptic show. He describe Satoshi like someone from one of those show. For me, I never think Satoshi as an Individual, I think they are a group of people, and the name Satoshi Nakamoto is used as embodiment of an idea. More than that, I think they are just a regular people with great vision and engineering skills.

And there is no reason to just get rid of the private keys, why would they get rid of the private keys? If they want to donate the Bitcoin, wouldn't be better to keep the private key, and send their Bitcoin to charity when the price is right?

Faucet and Airdrop is free money scheme that will be very attractive especially for newbies, and it's indeed one of the easiest way to lure new comers and people who are hesitate to use their money to understand and experience owning Bitcoin, but they really want to have Bitcoin, and most of those people will be easily lured and then end up stealing their data.

For newbie or anyone who are still hunting for airdrops and faucets, I wouldn't say that all of them are worthless scam, but finding an actually worth of your time will be like trying to find needle in a haystack. You will need to do an extremely long time research.

If it was me, I wouldn't just prepare the money if I want to start a business, I would also prepare skills and deep knowledge that relevant to the business I would like to start skills and knowledge is also a capital/investment if I want to start a business, so in this case, if the $15,000 is not relevant with the skills and knowledge that I already gain, then I would prefer to safe the more money, but if with the $15,000 is relevant to those skills and knowledge, then I would probably just start with $15,000

From a reply that mentioned me, this post,
https://bitcointalk.org/index.php?topic=577207.msg62923970#msg62923970


I doubt that it was a removed post, because the interval between both notifcations is less than a minute.

I think the first one, preparing emergency funds is the most important thing in facing the recession. But with the current condition of fiat inflation and the risk of crushing stock market, and the bearish on Bitcoin market continuing, it's really hard to find the best way to safe our funds. I mean if we safe our funds in fiat, we have the security and we can immediately use it to buy our needs, but if the inflation rate is keep raising, then it's bad. And we can safe our funds in stock or bitcoin or other assets, but we can guarantee that the value of those investment will stable, and we still need to sell those assets to get the money we can used for living.

I think you need to specifically state what you mean by Education is formal education / school education, at least in that certain paragraph. Because when you only said education, people could assume any education, and it's very broad term, there are many educational article and video content on the internet about financial and economy, and I guess anyone who can learn finance from those article and videos could be also considered self-taught.

Yeah, I agree that the decentralization of the Bitcoin, became the major reasons why it won't be global reserve, and it also why most of the governments don't want to adopt Bitcoin as legal tender. They need be in control on the currency that are used in their jurisdiction. But with the declining economic condition, I think more people will try to diversify their assets and they might move to bitcoin, maybe more goverments will at least legalize bitcoin as an investment asset.

Hi, I just want to report that I have been getting double notification (I received same notification for same reply twice) since yesterday, for me it's not a problem, but maybe if there is any bandwidth limit or other limitation from Bitcointalk or for the Bot, it could be a trouble for the bot.

Yeah, this is actually my first time using exchange like eXch, that has channel opening feature, I usually just use the generic (non-automated) centralized exchanges, so it's purely my lack of knowledge that make me assume it's without cost. And I know about the 'Calculate' feature, but I thought the additional fee for opening node channel is not included in that calculation. Thanks for clarifying.

In some country that might be true that academic degree is not really important, and maybe companies doesn't require that nowadays. But at least in where I live, (and maybe some other countries too) most companies are still require related academic degree when they are looking for employee, even in tech and creative related job. However, I think it's just for formality, but the companies will still considering more about the portfolio and experience rather than just academic degree.

Hi, I would like to share my experience when using eXch.cx.

About the Interface

At first glance, I like the overall color scheme and the simplistic design, nothing fancy, on point. But if I can change something I would change the top bar (which is now white) to something darker/grayish, to make it less contrast, but that's just preference. As a new user, the first thing I did was reading the F.A.Q, and after I finished reading the F.AQ intuitively when I try to get back to the home page, I click the eXch Logo on the top left, and it did nothing.



Again, this is my personal experience, so I don't mean to say that everyone would have the same experience and preference, but personally I would suggest that the logo click could lead to the homepage. I understand that there is the 'Exchange' button that lead to a homepage, but make both work the same would not be a problem.

Other not very significant thing is that I wish the font size for the amount and address is bigger, the current size is ok, but bigger would be better.

At the bottom of the page, last section before the footer, there is numbers and currencies, I am not sure what that is, but if I would guess, it might the latest transaction processed, but I am not sure what is that, so my suggestion is to give tittle or just small text at the top of it what is that actually.




That's all for the Interface.

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About the Transaction Experience

So, I am about to swap Litecoin to Bitcoin, I initially want to use Lightning Network then there is a tick box 'Open a Channel', I checked it.



Then after I click exchange, there is a warning, about additional fees of 0.00001, I didn't know about it beforehand.



I think there are some people like me, that doesn't know requesting a node channel would require additional cost, I think it will be better if this was written on the checkbox explanation.

After I read that warning, I was trying to cancel the transaction, but I don't know how and I can't find any instruction on doing it. I worries in the possibility that if I just open a new transaction with the same address without checking the open node channel, it will still be considered as the previous transaction in which I requested node channel and I will be charged with additional fee.

I think there will be other possible scenario in which your customer mistakenly input the wrong refund address, or the transaction amount. If there is any way to cancel the transaction then I guess it's not easily found so I cant find it. If there is noway to immediately/intentionally cancel the transaction request, then I guess you could explain how long is the timespan before a transaction request is expired so users can request different transaction with the same address.

After that I choose to use different address that is not a lightning network, so just Bitcoin network, I choose the Medium confirmation time with 0.00008486 BTC fee, and it's fast enough for me, without any problem whatsoever.

So for the transaction is overall well, it's fast enough for almost for everyone I think. Not instantaneous like when swapping on other exchange, on other exchange we still need to wait for withdrawal confirmation by the exchange and then network confirmation which could be much longer, and the risk of those exchange holding our funds for whatever reason. Not to mention that eXch doesn't required any document. For me, and I think many people that don't do daily trading and speculating on crypto, the limited cryptocurrency supported is not a problem.

The final verdict for me, I would use this exchange again, and will recommend this to others.