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1  Other / Off-topic / Re: How do you deal with mental stress? on: April 18, 2023, 02:28:18 PM
Mental stress can affect your general wellbeing. Mental stress like work, financial problems, relationship issues and health problems can affect us mentally. So it is very important to take care of ourselves whenever we are stressed.

What I do when I'm over stressed:

1: I relax by taking a deep breath and meditate:  This helps to calm my nerves.

2: I get enough sleep: I don't joke with sleep. did you know most headaches are due to stress. Lack of sleep can cause stress and anxiety. Aim at 7-8 hours sleep per night.

3: I exercise: it makes me feel relaxed and energized. Aim for at least 30 minutes exercise 3 times a week.

4: I don't over commit myself to work. I prioritize my  time. I must not complete all task a day.

5: If you have a partner,  make sure to get
a good Orgasm 😄. Orgasm is one of the best way to relief stress.

What do you do when you are stressed mentally?



The best way to instant stress relief if you go out in nature and observe the things around you and get rid of all thoughts. It is a kind of meditation, that works for me at least!
2  Bitcoin / Development & Technical Discussion / Re: Can private key be linked to biometric identity? on: April 15, 2023, 12:28:48 PM
It's possible but not the most secure way. Someone else could use your biometrics and restore your wallet.

There's a project called joy.id which is still in its early stages but should solve this problem. I suggest you look into it.

Thank you for telling me about joy.id. But why it won't be a secure way in your opinion?
3  Bitcoin / Development & Technical Discussion / Can private key be linked to biometric identity? on: April 15, 2023, 11:56:04 AM
Is it possible to create a mechanism in the Bitcoin core for generating a wallet address that will be linked to human biometrics?

If we do so so, can solve an age-old problem of lost private keys?

For example, if my wallet address was generated using my fingerprint, then I lose my keys and I can recover those keys through the fingerprint again.

I don't know if anyone already solved this.


4  Bitcoin / Bitcoin Discussion / Re: Is Crypto as "payment" method adaptable for non tech-savvy people? on: April 14, 2023, 12:00:24 PM
This question is really a newbie type with a fictional experience. OP, while reading and seeing the 6 years of teaching and helping others to implement bitcoin payment in their various activities and setups, I was thinking and reading to seeing your achievements and goals well stated but it was not clear with me when I got to the last paragraphs of your post. Does it mean all the years you have been helping others you learnt nothing from the past so as to remedy the future when any of such comes up? Do you not have proofs to show to the people who you met in the recent and are still sceptical about bitcoin? What happened to the knowledge gained in the past 6 years to apply in handling the current situation you found yourself. If you can, get your previous experiences with your past works out the all together and use them to educate your possible and potential clients in the future so as not to get them scared. Maybe you might get it right this time around.

I understand Cryptsafe. The tech-savvy people know how to handle their keys and some people we can train them easily. But there are some people who struggle.

But I just edited my message above. I want all of us to take a notice of this case

https://www.nytimes.com/2021/01/13/business/tens-of-billions-worth-of-bitcoin-have-been-locked-by-people-who-forgot-their-key.html


Cheers



Let's know the problem, is it technological or psychological?
According to my experience, people are afraid of something new. I remember that there was a drawing 100 years ago showing electricity as something evil.


Therefore, it is natural for people to be afraid of Bitcoin or warn of it, and we do not forget the role of the media in drawing this bleak picture and the bad use during the first years of this technology.

This generation has become accustomed to the fear of losing money and the rule was, leave the money in the bank, as it might be stolen from someone in the house or damaged by fire or flood, while all the procedure that the bank requires from you is to prove your identity and your signature with a few numbers to remember.

When holding cash is a problem in itself, people will get used to Bitcoin.


Amazing example Husires!!



The lack of its backing from government is still a key factor because people most especially the older generation are very skeptical about it and they don’t see it difference with a Ponzi scheme. So far it is still early to force people to use since most of these people hardly do cross border transactions which is one of their biggest advantages of bitcoin over the fiat.

Concerning safeguarding the private key and seed phrases, I still feel it is just an excuse for people who don’t fully believe in crypto and take this as huge risk. These set of people are those that safeguard their banks pin for years so to keep this shouldn’t be much of a problem they truly want to use bitcoin.


To be fair, if they use centralized exchange, they didn't need to worry about miss their private key. Even if they lose their password, they can just contact the CEX representative or use forgot password option.

I wouldn’t advise centralized Exchanges with all the saga that is surrounding them. Even the fiat banks looks more secure than some of them this days. If at all Some is looking for a third party to safeguard their keys then it should be with some close like a family relation or some trusted. Although both has its risk but I rather have it some one known. A centralized exchange should always be treated as a marketplace

You are right about the "Centralized exchange should always be treated as a marketplace " Yes it should be; not as day to day payment method.

"I still feel it is just an excuse for people who don’t fully believe in crypto and take this as huge risk." Yes, there is a majority of people in this world like this.

And we want them to onboard with Crypto, how can we do that?



[moderator's note: consecutive posts merged]
5  Bitcoin / Bitcoin Discussion / Re: Is Crypto as "payment" method adaptable for non tech-savvy people? on: April 14, 2023, 11:50:24 AM
Start with the most basic thing and that's to know how to save and keep their private keys. There's no way that they'll learn everything in an instant and it goes through a process that everything will be learned. Let them watch some videos like Andreas Antonopoulos' bitcoin for dummies or books that he has published. They can't learn everything within a day but they can start with the basics on how to generate wallet, keep their private keys, learning what are their addresses and those things.

Definitely, I agree with you. We should invest in educating them. I have been following Andreas Antonopoulos for learning for a long time and it helped me.

On the other hand, I have seen that every new technology like AI has made life easy for people.

Cryptocurrency provides numerous benefits like faster payments, I am just looking for making things even simpler for the general public.

Like they never get to worry about keys and all. Like something linked to their ID all the time and they can recover it if they lose.
6  Bitcoin / Bitcoin Discussion / Is Crypto as "payment" method adaptable for non tech-savvy people? on: April 14, 2023, 10:40:47 AM
Hello guys,

Today I came here in hopes to find an answer to a very IMPORTANT question.

I have been helping businesses for the last 6 years with the implementation of blockchain and cryptocurrency in their business. It works fine for the people who know how things work in crypto.

But when it comes to the general public (non-tech-savvy), I can see that people still can't use it, and they are afraid of the technology. They don't know how to use it.

Also, they fear losing money. If they miss the private key their funds will be lost forever. No one is there to help them recover. See this news.

https://www.nytimes.com/2021/01/13/business/tens-of-billions-worth-of-bitcoin-have-been-locked-by-people-who-forgot-their-key.html


Is anyone here thought how can we help our children and elders in our family so they can use crypto without hesitation just like they use fiat money?

Because I don't blame those who don't have the knowledge, I consider this our responsibility how we can make a solution so that those people can also use it as a day-to-day payment method without a second thought.

Does anyone know if any best user-friendly solutions already exist in the marketplace to overcome these challenges?




Let's discuss this topic.


7  Local / Marketplace (India) / Ethereum Blockchain based Coffee Supply Chain on: June 12, 2018, 11:33:18 AM
Check out our Implementation of coffee supply chain using Ethereum Smart Contract addressing the issue of storing critical data necessary at different stages of supply chain and making it verifiable by all stakeholders in a supply chain.

https://youtu.be/t_MA40AZFVA
8  Local / Marketplace (India) / Ethereum Based Supply Chain DApp on: June 07, 2018, 04:09:06 PM
Hello guys,

We have worked on implementation of coffee supply-chain using Ethereum Smart Contract addressing the issue of storing critical data necessary at different stages of supplychain and making it verifiable by all stakeholders in supply-chain.

This project showcases the journey of coffee beans on blockchain.

Problems in Existing System

  • Currently Coffee trade mostly relies on fax machines and emails to send and recieve contracts across the globe, resulting into slower and error prone paper work.
  • Blockchain can solve this by providing immutable and verifiable data sources

What we are providing?

  • We have implemented smart contract addressing the issue of storing critical data necessary at different stages of supplychain and making it verifiable by all stakeholders in supplychain.

For more details, please visit the following link.

https://github.com/imperialsoftech/coffee-supplychain-ethereum

Please share your reviews Smiley

Email: paras@imperialsoftech.com
9  Bitcoin / Project Development / Ethereum Based Supply Chain DApp on: June 07, 2018, 03:57:07 PM
Hello guys,

We have worked on implementation of coffee supply-chain using Ethereum Smart Contract addressing the issue of storing critical data necessary at different stages of supplychain and making it verifiable by all stakeholders in supply-chain.

This project showcases the journey of coffee beans on blockchain.

Problems in Existing System

  • Currently Coffee trade mostly relies on fax machines and emails to send and recieve contracts across the globe, resulting into slower and error prone paper work.
  • Blockchain can solve this by providing immutable and verifiable data sources

What we are providing?

  • We have implemented smart contract addressing the issue of storing critical data necessary at different stages of supplychain and making it verifiable by all stakeholders in supplychain.

For more details, please visit the following link.

https://github.com/imperialsoftech/coffee-supplychain-ethereum

Please share your reviews Smiley

Email: paras@imperialsoftech.com
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