Just realistic, nothing more than that. This is an exaggeration of something that may have minimal significance for one city, not even for Brazil as a whole.


If he receives his salary in Bitcoin and then converts it into fiat (and I guess that’s the case), then that’s the same story we’ve been telling for years about whether crypto payment processors are positive or negative for Bitcoin? Everyone wants Bitcoin, no one wants it directly, I think that speaks volumes about trust.



I’ve been reading this forum since 2014, and I’ve read so much nonsense that I could write a book. Then there was talk of some 1-1.5% of those who own or trade Bitcoin, by the end of 2017 maybe it increased to 2.5% to 3%, today it is certainly not more than 5%. Talking about some kind of mass adaptation through central banks and the defeat of fiat currencies is not at all serious, but I understand that some have a need to live in fairy tales, their choice.


Of course, we can still support the idea that anyone can buy $10 worth of BTC, and then pay $20 to withdraw the same coins from the exchange if they are not aware of how things stand. The human perception of the value they get for their money has changed significantly when it comes to Bitcoin - if you ask someone if they want to buy 0.002 BTC for $100 or 100 xxx coins for the same amount, most remain in great doubt. An ordinary person could buy 1 BTC very easily 5-6 years ago, today he can only dream about it, and the time will come when even 0.10 will be astronomically far away.

If someone can afford a smartphone of, say, $50, then they can also afford a hardware wallet that costs about the same. It seems that some still live in the past and think that HW costs a minimum of $150 + shipping. Security should have no excuse, especially if it is quite cheap today.



The security of smartphones is actually trivial, whether it is a simple PIN or a fingerprint - someone who knows what he is doing, easily bypasses such protection. Since mobile phones are most often lost, this is another reason why they are a bad choice for a crypto wallet. In addition, locking smartphones with a fingerprint is very risky, because anyone can use it while you sleep or are in another unconscious state.

I would like you to show us exactly what you think is garbage, because if we look at the first page of Meta today - 80% of the topics are from members who are highly ranked. In addition, the problem is not with those who produce poor and low-quality content, but with those who do nothing about it.


I won’t comment on Gambling because I don’t participate there, although I know it’s full of shitposters and megathreads that meet the needs of signature spammers. B&H is a board for beginners, so it is realistic to expect that you will not find some super quality content there, although there are a number of members who make a quality contribution to that board.

I don't know where the price of $250 came from, because as far as I can see, the price of the Mk3 version is around $129, and you also get another 5% discount if you pay with Bitcoin. I know shipping costs and customs + VAT can be quite expensive, but $250 is still a little too much for HW considering there are alternatives.

On the other hand, if someone for obvious reasons does not want to trust the most famous manufacturers, then even $250 is not too much.

I don't know what's amazing about this story, that another city will start creating its own shitcoin? What's even weirder is that you think the central banks will embrace Bitcoin and just throw away fiat or gold. If it's easy for a member who has been here for years to sell a story like this, it's no wonder that all beginners live in the grave delusion that Bitcoin will rule the world.

Less than 5% of the world's population has come into contact with Bitcoin in some way so far (from 2009), it is not realistic to expect more than 15% by the end of the decade. Bitcoin is just an alternative, no killer of the existing financial system - and besides, greed is increasingly destroying it as a cryptocurrency and turning it more and more into digital gold that is becoming increasingly inaccessible to the common man.

In Brazil? Where did you get such an idea?

Corruption is everywhere, the whole of Central and South America is synonymous with corruption and incompetent politicians, Brazil is no exception. What caught my eye was the fact that the mayor of Miami was mentioned, who also started talking about Bitcoin, and in the end, it all ended with MiamiCoin. I wouldn't be surprised if something like this happens in Rio, because they're all looking for a way to jump into the crypto train, but Bitcoin is just a stepping stone.

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I couldn't find what the annual budget for Rio is, does that 1% mean anything worth mentioning at all?

Out of curiosity, it would be interesting to find out, but in the big picture, such data are more than insignificant and serve to manipulate the market. The fear we are talking about here stems from the fact that more than 80% of Bitcoin investors do not understand even some basic things, you easily sell them a story about China or Kazakhstan as many times as you want and they bite the bait.


With the exception of last year, January and February were not part of the year in which Bitcoin made any gains, and over the years it has been thought that this is because it is time to file taxes. In addition, realistically speaking, this is the period that comes after the big financial spending for the Christmas and New Year holidays, and now is the time to tighten the belt a bit.

Add to that a pandemic that is literally raging around the world, and it is predicted that in the next 2 months as many as 50% (250 million) of the EU population will be infected + inflation that is visible at every turn, I would conclude that the price Bitcoin currently holds is more than decent.

I think you should refrain from reposting old news, and then how to properly post pictures on the forum (resize them). It would also be advisable to use a forum search, but this is clearly too much of a task for some who think Tonga is great news for Bitcoin, an island country in the middle of nowhere with barely 100 000 inhabitants...

https://bitcointalk.org/index.php?topic=5375884.0

Oh no, another one that thinks posts can be sold as NTFs - haven't we said enough about it? Bitcointalk posts as nft

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Anyone can edit and even delete their posts, but forum members must know that all posts are saved in the original edition by at least 2 services run by forum members. We’ve all had our beginnings on the forum, and there’s nothing to be ashamed of - I was a beginner in 2015, I knew little about Bitcoin, and my English was far worse than it is today - these are facts I can’t change even if I wanted to. In addition, I have too many posts to play with editing

These bankers are just repeating the same story that JPM repeated like a broken record last year - the price of BTC will reach the price of $100k or so if it manages to become a competitor to gold as if that was the only reason the price would one day reach six-digit numbers. Of course, these investment bankers are only interested in whether they will have Bitcoin reserves instead of gold reserves, and the only positive thing in all this is that they are far behind all those who turned out to be much smarter than them.

While some may like what bankers are saying, remember who it really is and what they are willing to do for profit.

It seems like a very simple option, and has proven to be very successful over the years - but it only works for those who can afford a long-term investment. Most investors in BTC are still here for short-term profit, because the idea that Bitcoin can collapse at any moment still has a lot of supporters.

However, we should be honest and say that we who have been investing in Bitcoin since 2014/15 can look at the whole thing much more comfortably than any small investor today - we are not too affected (I speak for myself) by the fact that Bitcoin loses 10% overnight or 30% in a month - because an investment of a few hundred dollars is still worth a real fortune.

Consequently, it is not difficult to understand why the average investor today is no longer enthusiastic about the "just hold" strategy, even if he knew that in about 5 years he would earn, say, 500% or even more.

@_act_, before opening a new thread it would be desirable to use a forum search, the topic already exists - https://bitcointalk.org/index.php?topic=5375884.0

As far as I know, he had some faucets on FaucetHub that are scam users or something like that, and I remember a warning from @mexicantarget about something like this could happen. Otherwise, admin EC is known by the name achchou, and under that name, he also had faucets on FaucetHub.




I agree, the only chance is that this is about the owner being incredibly incompetent and that he really inadvertently messed things up - even though the chance of that is less than 10%. If the service doesn't return in ten days, I think it will be just another in a series that performed a successful exit scam.

I am also damaged for a smaller amount, although it bothers me more that I promoted this service from the very beginning, but who knew that everything would end like this.

The signature campaigns were part of the forum when I became a member of the forum, they are still there today and will probably exist in 5 or 10 years. This is something that is specific to this forum (at least as far as I know) and makes sense for advertisers and those who advertise them. I have never bought or plan to buy anything like this (NTF), but let everyone do with their money whatever they want.

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It is not clear to me that some people think that everything is for sale, and only through NTF - first someone wanted to sell posts that way, now it's the turn of avatars, and the question is what else can we offer for sale?

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Human stupidity is obviously limitless, and as someone says, it's constantly spreading - and the fact that someone pays thousands of dollars for a picture of an unknown person sitting in front of a computer is more than enough proof.

This is already the third or fourth thread on the topic of NTF set in Meta, and from that, I can conclude that for some Bitcoin has become a bit boring, so they are looking for excitement in some other things.

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That guy sells his photos that consist of him sitting in front of a computer for several years - would anyone pay even $1 for something like that? I must admit that 5-6 years ago I could not even dream that people would engage in such nonsense, and that they would make money from that.

I haven't had any problems with the forum even though I use Firefox. It is possible that the thing is in the FF version, and for me, the last update was to 96.0 1-2 days ago.

Let's call it by any name, but from $70 000 as ATH to a bottom of as much as $28 000 is more than bloody for most investors - unless we're all used to Bitcoin losing or gaining 50% more or less in one year. Of course, it can always be worse, it's just not realistic to expect a replay of what happened in 2018.


Jack Mallers is constantly doing something when it comes to his Strike app, and it certainly has some positive impact on Bitcoin, but the IMF is something quite the opposite of what Bitcoin represents, so you shouldn't expect people who worship fiat as a deity to ever be on Bitcoin side.

As far as I can see Jack Dorsey (ex. Twitter CEO) has posted nothing bullish except a retweet from Jack Mallers (Strike) regarding his app which has officially become available in Argentina.

I can only say that the whole thing seems very suspicious, and that I now remembered the warning given by the owner of FaucetHub (mexicantarget) regarding the owner of ExpressCrypto who was a famous scammer on his platform at the time. At this point, there is still a chance that the site will work again - although the whole situation does not look promising at all.

I’ve had a few successful payouts from there in the past, but we all know it doesn’t mean anything in the long run.

In general, the matter is quite simple, you just need to follow a few basic recommendations :

• Never save your backup (seed words) online (e-mail, cloud, plain text document).
• One backup is not enough, you need at least two - preferably not saved in the same location.
• The computer you are using should have adequate antivirus and anti-malware protection, and always keep the latest update for the OS you are using.
• Every action on the hardware wallet should be carefully checked and only then approved by pressing the HW buttons - so you protect yourself from a possible attack by clipboard malware.
• Last but not least, you can protect your seed by adding a passphrase (extra password) that will serve as an additional safeguard in case someone comes into possession of your seed.
• An additional warning - it is not wise to tell others that you own cryptocurrencies, then you open the possibility of becoming a victim of what we call $5 wrench attack.

Source

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It makes sense, I just wanted to emphasize that a large number of HW users do some things wrong because they believe that it is important to protect only the device, while everything else is less important.

I believe Jack meant direct transactions here when Bitcoin is used only as an intermediary between two Stike accounts that have, say, balances in $ or EUR.


I have to admit that I have only looked at Stike through the prism of El Salvador so far, but some things are a little clearer to me now - because this is about paying in fiat using LN without BTC being directly involved in the transaction. In fact, person A sends $1000 to person B using Strike who transfers that amount to person B's wallet free of charge using LN and converts back to fiat.