There is always a collateral. If you loan from a loan shark your life, teeth, legs or your family is collateral for example. If you loan from bank then your property or any other holdings are your collateral. There is no legit bank in the world that will lend you funds if you don't have some kind of collateral.That is usually a level of your salary, your credit rating etc.
So your last point makes no sense. I agree that Defi is overhyped at the moment, but it's not all rotten in the state of Denmark.
What you are describing isn't a collateral, it's debt collection. A collateral is something that you put before taking a loan, a debt is what happens when you default on a loan. There's a huge difference here, because collateral can very easily be seized in most cases, while debt collection needs to go through the court, and the creditor might never fully recover it. From a practical point of view, DeFi is useless for a person that needs to borrow some money to pay their last bill a few days before they payday. If they had crypto to put as collateral, they could just sell it instead. Ok, you are technically right, collateral and debt are not the same and when it comes to seizure, process is completely different kind of animal. But not all debt collection goes through court and not in all countries. In 80% of cases that debt collection and court is mere formality, so we are both in the right if you ask me. But after all Defi was not "invented" to serve as a loan, maybe in the start, but now there a lot more uses.
|
|
|
Somebody who hacked the most important social platform in the world only wants Bitcoin not shitcoins.
No way someone that could gain that type of access was only scamming BTC. Is this a cover for something much bigger?
Oh well, free advertising is always nice i guess.
Ofcourse, this is a very big advertisement for BTCitcoin. But, I'm afraid that it might throw more negativity towards it ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif)
Just for fun. https://twitter.com/Cryptanzee/status/1283538246635380736 I don't see this throwing negativity over BTC , do people say $ is shit when someone robs a bank? ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) It is a free advertisement as stated above, things are happening around BTC and this shows at what lenghts people are willing to go to get more BTC. If anything that shows how powerful and valued BTC is ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Twitter will take the flak for this one as they should.
|
|
|
This particular case clearly shows us a distinction between centralized services like Twitter and decentralized systems like Bitcoin. In Bitcoin, it is not possible to convince or bribe someone to help hacking Bitcoin. It is just not possible, because there is no point of failure, no malicious employees selling admin tools. Hackers can use social engineering to steal bitcoins from individuals, but they cannot hack the very protocol and steal all bitcoins. A Twitter insider was responsible for a wave of high profile account takeovers on Wednesday, according to leaked screenshots obtained by Motherboard and two sources who took over accounts. Source: https://www.vice.com/amp/en_us/article/jgxd3d/twitter-insider-access-panel-account-hacks-biden-uber-bezosAnother point for decentralization. Social hacking is and was the most reliable way to hack big systems or corporations and that won't change. Human is always the weakest link in any system. Some are not careful enough and cause this kind of things, but even those that are extra careful always have something to lose and if you know what they cherish the most - they are hackable.
|
|
|
Security — There's a lot of value on the table when using financial services. Your personal data — not to mention money — is placed in the hands of centralized organizations that can be hacked, robbed, or deceived by well-placed insiders acting maliciously.
Hilarious to read this in the light of the recent DeFi hacks. Plus we all know how common are the various crypto hacks, malware and scams. And victims have literally zero chance of seeing their money again. With centralized systems, the breach can be quickly reacted to and stopped, funds can be returned in some cases, as transactions are mutable and non-permanent. Decentralized Finance Use Case #1 — Cryptocurrency Loans People take loans because they don't have money, and in traditional finance loans without a collateral is the most common type of loan. DeFi fails to provide this crucial part of finance. These things, among many others mean that DeFi is as overhyped as blockchain. Newbies should really be careful before they put their money in it. There is always a collateral. If you loan from a loan shark your life, teeth, legs or your family is collateral for example. If you loan from bank then your property or any other holdings are your collateral. There is no legit bank in the world that will lend you funds if you don't have some kind of collateral.That is usually a level of your salary, your credit rating etc. So your last point makes no sense. I agree that Defi is overhyped at the moment, but it's not all rotten in the state of Denmark.
|
|
|
Oh boy! I saw this Tweet and this address has 35k btc which according to the tweet also belong to the scammer who did this twitter incident. 1A5PFH8NdhLy1raKXKxFoqUgMAPUaqivqp
These guys knows well how to do it and when. Imagine how many people got fooled by using authentic accounts of known people including previous President Obama. I believe this is a group who operates at large scam scale attempt. How could they amass 35k btc that worth $300 million? This will affect the crypto industry, no matter where we viewed it. Twitter is at fault here and should rectify for those who victimized by sending bitcoins to the scammer wallet.I think we won't see any rectifying on behalf of Twitter in this situation, I would be happy if I'm wrong though. I think there are more wallets involved in this scam and that numbers will be even bigger in coming days as more info is unveiled. I saw at least 3 wallets exposed and tied to scammers so far and most likely more will be coming.
|
|
|
Offering to double your investment in only 24h, obvious scam!
Nothing else need to justify. Their investment offer "100% return just in 24 hours" is describing what actually they wanna do with their investors. Another money stealing crypto doubler project. Here is the proper format for your topic. Take a look and update your thread to make your post much easier for viewers. Scam Report Format [b][color=black]What happened:: [/color][/b]
[b][color=black]Scammers Profile Link: [/color][/b]
[b][color=black]Reference Link: [/color][/b] [b][color=black]Amount Scammed: [/color][/b] [b][color=black]Payment Method: [/color][/b] [b][color=black]Proof of Payment: [/color][/b] [b][color=black]PM/Chat Logs: [/color][/b] [b][color=black]Additional Notes: [/color][/b]
I would update my post, but this format you shared is not good for this report simply because it is a scam from Telegram and there is almost no info to fill from the scam report format you shared besides What happened section. I will use the format you shared if I ran into a scam that fits the format for sure though. Thanks for sharing the BBCode with me.
|
|
|
Ekipa evo vam jos jedne dobre kampanje : Betnomi Signature CampaignFino se placa - 45$ Hero i 55$ tjedno za Legendary. Zahtjevi nisu strasni: 5 postova u Gambling, uvjet da ste vec prije postali tamo, 25 postova tjedno i koliko vidim local se racuna.
|
|
|
I hope Man Utd can pass Leicester today and get one step closer to securing Champions league spot. Palace is in awful form with 5 loses in a row if I'm not mistaken and if Fernandes keeps producing it should be a win for Man Utd. Only Luke Shaw is missing for Man Utd, but I wouldn't call him instrumental ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) Leicester is not in any special form and Sheffield has almost all wins in last 6 matches, so good chances for Sheffield to take points from Leicester and pass Wolves should be quite a motivation boost for them.
|
|
|
Also, Dana will give Khabib time to mourn his father. However, I speculate that he is telling his pet Conor to fight Justin Gaethje hehehe.
Hehe, that's nice one. I did not think of that. But would Conor accept Gaethje ? Is he really planning or wants to fight ? He trains all the time, but maybe just to be in shape. Something strange happens with UFC champions. Khabib fought almost a year ago, Cejudo retired, lots of controversies with Jon Jones, Adesanya showed boring fight against Romero. Looks like they want to keep belt as long as possible, avoid defences or finish career with a belt. Conor's only mission presently is to rematch Khabib. However, he can only do that if he holds the lightweight interim championship. Conor's only mission is to sell his whiskey in wagons and tons of gallons. He will keep on fighting for sure, how long I can't tell, but he is not in it anymore. He is in making money already and fighting is just his marketing vehicle.
|
|
|
Does this keep happening ![Huh](https://bitcointalk.org/Smileys/default/huh.gif) Juventus sucks, got 1 point but the direct opponent at the moment "Lazio" sucked too, and they keeping a good advantage. It was a miracle ending with 1 point this evening, the best for Juventus was the goalkeeper and he took 3 goals. Well it is not that big of surprise if you take into consideration Juve form in last month and if you know that Sasuolo scores a lot of goals. I saw someone mentioned that more then 2.5 goals for this match was a really good bet and he was right, whoever it was ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
|
|
|
Today almost all matches of La Liga are played at the same time, it will be fun watching both Barcelona and Real match simultaneously.
I would predict that Real will take this one with scoring more then 2 goals and Barca to win by 1 goal difference.
|
|
|
Ako se proda recimo 4000kn kripta, kolika je sansa da ce mi ista slati/pitati?
Vise nego vjerojatno 0% sanse da ce te netko za to zezati i gnjaviti, pogotovo ako nije svaki dan po 4k kuna, a cak i da je svaki dan isto nisu sanse velike.
|
|
|
...u drugom mi je neko karo ženu i ona dobila sidu, valjda i ja isto: A, jebiga! Dešava se to i pametnijima od tebe. Ali ne brini se, kažu ljudi da se danas i sa sidom može živjeti potpuno normalno. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Ali onda ocito vec treba imat mozga da shvatis da ustvari kazes da sam imas sidu ako dajes taj feedback... ![Roll Eyes](https://bitcointalk.org/Smileys/default/rolleyes.gif) To mi je bilo najbolje, ali mi se nije dalo pisati. Mamlaz kaze zena ti je od mene dobila sidu i umrijeti ce za par tjedana od side, a lola eto ima sidu, zivi godinama i okolo siri sidu, on je imun i glup ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif)
|
|
|
Hvala na obavijesti, izgleda da ce sadrzaj biti kvalitetan i koristan, bacit ce se oko sigurno, pogotovo jer se radi o primjenama blockchain tehnologije u industriji i ima tema nevezanih za klasicnu crypto sferu.
|
|
|
Hakiranje je možda ipak prejaka riječ. U ovakvim slučajevima se najčešće radi o ljudskom faktoru. Vjerojatno je riječ o nekakvom neopreznom korisniku, curenju informacija ili možda socijalnom inženjeringu...
Nije prejako. Sudeći po najnovijim informacijama sigurno je da je jedan od twitter administratora hakiran. Dobro bi bilo da svako doda dodatnu sigurnost svom twitter nalogu i ukloni sve 3rd party aplikacije. Tako je. Sad sam pročitao ovu vijest: https://cryptopotato.com/breaking-scam-alert-binance-coinbase-and-other-major-crypto-twitter-accounts-hacked/Nemoguće da su istovremeno sve glavne burze hakirane. Čak je i Muskov account hakiran. Ali ako je neki od Twitter administratora hakiran i da je to uzrok ovome, nisam baš sretan da je tako nešto moguće. Pa to je single point od failure za sve Twitter račune! Stvarno mi nije jasno kako si mogu to dopustiti. A nema ti tu kako si to mogu dopustitit, hackovi ce se uvijek dogadjati dok ljudi ne postanu roboti. Najsigurnija i najuspjesnija metoda hackiranja je social hacking, uvijek je lakse shackat covjeka nego stroj i neki veliki sustav. Snimis lolu koja radi u nekoj velikoj firmi s kilom koke i kurabom,a ozenjen je i nema puno heroja koji nece izdati sve zivo i mrtvo da spase svoju kozu u takvj situaciji.
|
|
|
I'd personally advise you to at least write a summary of your article here instead of repeating "I will be showing [..] and I will also tell you [..] and then I will talk about [..]". Before you get to the article, you get exhausted by these wills. I would argue that the following quote from your article isn't very true: Also, coins are often referred to cryptocurrencies with a much narrower use case, most coins are seen as digital payment coins. Like Bitcoin, Litecoin and Dash. Used much like digital coins. I honestly think Bitcoin has many more use cases than any other token currently has. Tokens are usually taken up high in the sky and praised just for their price to rise - only very, very few actually get to accomplish their goals and the amount of people using these tokens the way they were meant to be used is close to zero. With future updates, Bitcoin will get even better - and stronger, of course. When we are talking about use cases, why not mention ETH? Or you think that ETH has less use cases then BTC or not enough to be mentioned? I personally believe ETH has more use cases then BTC and it looks that this will become even more obvious in future.
|
|
|
Ne vjerujem da ce ta kartice biti nesto posebno, ali mislim da ce biti uspjesni s tim, ipak je to Binance. Jaki su i imaju dobru reputaciju tako da ne sumnjam da ce ta kartica isto ici ko halva. Jel itko od vas koristi taj njihov BUSD uopce?
|
|
|
Which team(s) are you most looking forward to seeing in the EPL next season?
I sure hope that Leeds and WBA get those promotions. Leeds because I like that club since late 90s and that crazy guy Bielsa that they have on the bench. Regarding WBA, they play some nice attacking football + they have Bilic whom i like as a coach. While I think that Leeds will almost certainly win direct promotion, it's hard to predict 2nd one. WBA has 4 points advantage and 1 game more played (they just played 0-0 vs Fulham tonight), but Brentford is on a winning streak, winning all 5 games since season restarted and they have 3 easy games (at least on paper) until the end. I watch WBA matches as of late, mostly because of Slaven Bilic and Goran Ivanisevic ![Cheesy](https://bitcointalk.org/Smileys/default/cheesy.gif) I hope Bilic gets another chance in Premier , I would love to watch that so I'm betting on WBA and Leeds to go through directly. Bielsa "El Locco" is one of my favorite coaches , love his approach to high pressing football, even watched quite a lot of his coaching seminars and that men is a genius. If you add them them to Premier you can clearly see that they will have fun matches to watch. I also hope that WBA will win direct promotion but it will be very difficult. WBA now has just 4 points advantage (probably it will be only 1 point from today ) and 2 difficult matches to play until the end. Brentford is very good at the moment and WBA didn't play well in the last 2 matches. This league is probably the most difficult in the world but hoping the best for WBA mainly because of Bilic 😀 Would like to see him as coach again in Premier League Yeah Championship is one crazy hard league to play in. It's for die hards only, there is no mercy, tons of matches, tough tackles and duels. At least it build characters for young players which is extremely important. If more leagues were like that we would have much higher quality of football to watch, concentration of quality and few points difference between 6th and 12th says it all. About WBA , despite having few tough matches left, their destiny is in their hands after all, all they need to do is win ![Grin](https://bitcointalk.org/Smileys/default/grin.gif) Simple and yet quite complicated ![Grin](https://bitcointalk.org/Smileys/default/grin.gif)
|
|
|
|