HW is not the ultimate solution to all problems, because those who do not understand the risks are still at risk from threats such as clipboard malware or seed stealers that such devices are not immune to. Regardless of where you store your coins, I would not agree that we should download apps just like that, because we still run the risk of infecting our devices with various malicious programs that can cost us a lot.

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The best advice you can get is to not keep more in your mobile wallet than you can afford to lose - because there is not only a risk of malware, but also of someone physically attacking you and forcing you to give them access to your wallet.

I know that the previous president was very strict with criminals, especially with those who deal in drugs - but that supposedly a lot of innocent people (political opponents) died in that war. Of course, if we assume that the elections were fair, then this is what the people chose. Of course, the tails of corruption and tax evasion are common in that country, and even the new president is obviously not a person who is immune to these things.

As for the CEX you mentioned, they had to leave many countries because they worked against the laws of those countries and did not want to adapt. I have no doubt that it is the same case in the case of the Philippines, because they are obviously not against cryptocurrencies, but against companies that do not want to operate in accordance with the law.

Why would anyone who has any understanding of Bitcoin be inclined to any centralized service? Especially if there are decentralized crypto exchanges that are a far better solution from the perspective of risk and manipulation.

Of course, CEXs have relevance and will continue to have it, given that the average investor in Bitcoin has not gone much further than considering CEXs as a kind of crypto banks similar to regular banks. Of course, we should not forget the institutional investors who use CEXs for trading and storage, which means that most of them do not understand what "not your keys, not your coins" actually means.

This first CEX you mentioned is actually the owner of CMC, so it's not surprising if it's really at the top because they use that platform for their own promotion. Given that the same CEX operates mainly in the gray zone, I would not be surprised if some of their acquisitions remained secret and that they own much more than what they admit.

However, if you ask me why their names start with "B", it probably has something to do with the fact that it is the first letter in the word "Bitcoin" - and it is no secret that Bitcoin sells a lot of junk (altcoins) that are listed on these platforms.

I can proudly say that I have never made a deposit at any of the aforementioned CEX, and I only have an account open at one, although that is a completely different story.

Is the president even important in this story? I don't remember ever reading that their president makes statements on that topic, but that's not strange at all because it shouldn't be his job. This is about the fact that the law allows the use of a currency other than the domestic one for payment transactions and nothing more. Bitcoin can be successful in a country without the president or prime minister knowing anything about it, because if something is legal and brings profit, there is no reason to deal with it at the highest political levels.

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I just had to quote the whole post considering that you are referring to a post in which someone explains to you that only LN is used on Boracay, and you talk about the need to find a solution and that the fees are expensive and the number of merchants is decreasing. You got everything wrong, down to the last letter...

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I can only say that you read what I wrote above - and ask how is it possible that you were on that island and remained convinced that everyone uses on-chain transactions?

That day won't come anytime soon, if it ever does. The people you listed as the richest people in the world are only those who are publicly known for their wealth, and there are those who are not publicly exposed, but possess far greater wealth that was created over generations and is measured in trillions of $.

A question for you - what would the price of 1 BTC have to be for Saylor to overtake Mr. Mars on your list?

So you think that the OP is sad because she/he will miss the slot in the signature campaign? Very interesting thinking for someone who has only Newbie rank, and seems to know the forum very well, right?

Do you want to say that young people today would be happy if they discarded smartphones, computers, console players or the internet? I bet that 90% of those people couldn't survive a week without all that technology, and you'd really have to be persistent to find someone who would really like it.

According to what we see today, the majority of people are ready to sacrifice their privacy for the sake of their lifestyle, and even if tomorrow all smart device manufacturers announce that they share user data with all the governments of the world, I have no doubt that this would result in nothing but endless discussions on social networks.

Today, it all comes down to who will spy on you in relation to whose device you are using - and considering that Apple devices are also manufactured in China, be sure that the Chinese also have a hand in this.

Iamcrypticguy


GPTZero -> We are highly confident this text was ai generated - 92%
Copyleaks -> AI Content Detected
ZeroGPT -> Your Text is AI/GPT Generated 96.77%

If at least the majority of the members of this forum thought so, then there would be no problem with such posts - but from the posts above you can read very strange opinions, and it is not an isolated opinion - some members of the forum say that they only make their posts "more pleasing to the eye" " with the help of AI and that they see nothing wrong with that. Those cultural differences that you wrote about regarding plagiarism can definitely be applied to the use of AI tools.


It's true, there is currently no completely reliable way that can be used to detect content created with AI, but there is a set of tools that can be used and whose results can then be compared. I also recently accused someone of using AI, and it turned out that even two detectors showed bad detection - which means that we should be very careful and try to check with as many detectors as possible.

In my opinion, the bigger problem is that the forum's administration has not made a clear decision about this, and that practically means that anyone who reads the unofficial rules of the forum thinks that content created with AI is allowed.

We can take two reasons why the price fell by almost 20% instead of rising. The first is that the interest of investors after the approval of spot ETFs is not even close to what was speculated, and the second is that one of the companies that received approval for the ETF (Grayscale) had more than 600 000 BTC in its possession. The data says that they have already sold more than 80 000 BTC and are still selling, which definitely causes pressure on the market, and the law of supply and demand has taken its toll.


There is no problem here except that there were too many expectations around the ETF, but I have speculated before that maybe we should expect that the spot ETF will not have too much influence on the price of BTC, as was the case with the futures ETF. As much as one might think that any way that appears will cause a mass frenzy to own BTC, this is by no means the case.

Any way we look at it, I believe that less than 10% of people in the world have a positive opinion of Bitcoin - others still believe that it is some kind of ponzi scheme or means of money laundering, terrorist financing and similar things. Those who think otherwise should read what Gensler wrote after being forced to approve the spot ETF.

I would rather be rich in my youth, or rather in my best years, even at the cost of having much less or being poor in my old age. When you're young, you have far more needs and things you need to accomplish, and for that you need a lot of money - and when you get older, your needs decrease more and more and the only thing that matters is your health.

Therefore, I would emphasize that we should be more careful in our youth about the way we live, because alcohol, cigarettes and fast food will only come to pay in old age. I have a saying that says "old age will ask you where your youth was" and there is some truth in that.

Let's say that it will be something worth mentioning, but also if we know that in the first 4 years the reward per block was as much as 50 BTC, and today it is only 6.25 BTC (soon only a little more than 3 BTC), then this is a decrease of even x8.

The fact is that as we go further into the future, there are less and less BTC that will be available for mining, less and less rewards for miners and the price of BTC is getting higher and higher. Those of us who have been with Bitcoin a little longer witnessed the time when it was said "everything under $1000 is cheap", and then it changed to "everything under $10 000 is cheap", today we live in a time when we can say "everything under $100 000 is cheap"

You always have to start from the assumption that such things have nothing to do with the truth, regardless of who you get the information from. Scammers use the "good friends" method in order to expand their network of naive users who in this specific case should believe that someone is buying the so-called stablecoin at a premium price of even 10%, which is one of the biggest nonsense I've read on the forum.

Lucky for you, you're not quite as naive as your friend who will soon find out what it means to be a premium victim when (if) he tries to sell a larger amount of that stablecoin at a premium price.

It is quite clear to me what you want to say, and you just repeated it - you literally say that you have no problem with AI posts as long as they look "organic". Posts created with AI may look like they were written by humans, and you obviously didn't recognize such posts.


My goal is certainly not to discuss with people who think it's okay to make or embellish their posts with the help of AI, because I consider it just a slightly smaller version of plagiarism. As for your rank, I wrote that because most beginners think that people with ranks like Hero or Legendary are the ones who should be their role models. If you in any way justify the use of AI technology to create posts, you are sending them a very bad message.


You can edit as much as you want, my intention is just to warn members not to encourage others to do things they shouldn't do.

This will happen much sooner than you think, and even if you are a little older person, it is very possible that you will experience it, considering that miners will receive less than 1 BTC after block 1 260 000, and that the next halving will happen on the block 840 000 in a few months. If I calculated correctly, it will happen at the halving in 2032. If we assume that the price of BTC will rise significantly by then, miners will still have the motivation to mine, and they will always have earnings from fees.


Controlled supply

Good for you, I hope the weather is good this time of year and you enjoy your vacation. I hope you will remember to share your experiences with the forum members, because even though I watched several videos on the subject, any experience that someone shares is welcome.

A little friendly advice - try to edit the posts you quote, because there's really no need to quote the whole post. That looks pretty bad in the eyes of most observers.

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I don't know why payments with Bitcoin (specifically using wallets with LN) would be in any way more problematic compared to cash or cards? I think it is much easier (and safer) to have only a mobile phone with you, than to carry cash. Of course, the biggest problem is that most of those who buy Bitcoin do not do so for the reason of spending it as a currency, but do so only to profit from the price change.


It makes sense to me, considering that small businesses will always decide to accept alternative payment methods sooner than large ones that have businesses that are connected to banks and where clients are probably not even that familiar with Bitcoin. I am personally glad that the small ones are the leaders in accepting Bitcoin, considering that they have a greater chance for extra profit and all this costs them almost nothing.

It's hard for me to believe that I read this and that from someone who is a "Legendary" member of this forum, and does not see any problem in the fact that someone uses AI chat to create posts that he then presents as his own as long as those posts are "pleasing for the discussion".

I would like to ask you if you understand what kind of message you are sending with your post to all those who will read your post and have doubts about AI posts, but I honestly doubt that members who think like you even understand the difference between content that is unique and created by humans and that which is created by artificial intelligence.

Last year's data shows the number of 250+ local merchants accepting Bitcoin (LN) in Boracay, but there is also information that more than 400+ merchants in the Philippines accept BTC through the same platform. The numbers clearly show that there are more and more service providers and sellers who want to add this type of payment, and why not if it will bring them additional profit.

Payment is made via LN and fees do not play any role here, and the one who receives BTC can very easily convert it into the national currency within the application.

However, I would like to point out that you may have forgotten one very important fact that changes with each subsequent halving - and this is because the first era of mining "produced" as much as 50 BTC, and the current one only 6.25 BTC (about 900 BTC per day) which will be reduced by another 50% with the next halving.

That "supply shock" you mention is not something that can have an impact like before, because the 450 BTC that the miners will "produce" will not cause any shocks on the market where we already have 19+ million BTC.


Recently, a member claimed the same thing as you, with the difference that he even mentioned the halving date (which can't be precisely determined anyway) as the best date to buy BTC - but I wonder again if it wasn't better to buy BTC when the price touched the bottom and was under $20 000?

Of course, those who invest only for profit and want to "double their earnings" as quickly as possible have reason to be optimistic - but if they had thought differently based on past events, they could have already earned at least 300% on their investment.