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August 08, 2025, 03:03:49 AM *
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1  Local / Hrvatski (Croatian) / Re: Novosti on: August 07, 2025, 06:06:01 PM
Ordinals, Runes i BRC-20 tokene mnogo ljudi  u Bitcoin zajednici smatra za spam .Ovaj propust je omogućen nakon uvođenja Taproot nadogradnje. Vjerovatno ne bi bilo konsenzusa u Bitcoin zajednici da se unaprijed znalo da će Taproot omogućiti ovakve stvari
Mnogo bitcoinera se zalaže za filtriranje i blokiranje spama . Međutim, nisu svi za  filtere  , neki smatraju da treba prepustiti slobodnom tržištu da odluči . Neki bitcoineri vjeruju da Bitcoin može imati i druge upotrebe osim čisto monetarne

Meni su lično bliži stavovi ove druge strane koja se zalaže za samo  monetarnu upotrebu .Matthew Kratter  sa YouTube kanala Bitcoin University  je u poslednja 2-3 mjeseca objavio dosta  videa o ovoj temi i sukobu medju bitcoinerima .Ako nekog zanima, može da pogleda i isprati šta se sve dešavalo
https://www.youtube.com/@Bitcoin_University/videos

Matthew Kratter je veoma uticajan bitcoiner, kojeg prati veliki broj ljudi. Izuzetno je inteligentan, a neki njegovi video imali su ogroman uticaj ,na mene lično.Preporučujem da ga zapratite, ako već niste, kako biste bili u toku
2  Bitcoin / Bitcoin Discussion / Re: Why no forks these days? on: August 07, 2025, 07:33:02 AM
When you read old threads, you will hear of my soft forks and including a few hard forks that gave birth to Bitcoin Cash , Bitcoin gold, Bitcoin SV. The last one should be BSV in 2018.
What happened differently  that there are no threats or signs of forking?

Bitcoin is money that operates based on consensus, all participants in the network voluntarily follow the same rules encoded in the software. It doesn’t rely on leaders, companies, or politics. The rules are the same for everyone and cannot be changed unilaterally. That’s why Bitcoin is often compared to the game of chess.

In chess, everyone knows the rules, how pawns move, what castling means, what checkmate is. These rules are immutable , and that’s exactly why the game makes sense. If someone decides their knight can move like a queen, it’s no longer chess. Similarly, if someone tries to change Bitcoin’s fundamental rules, they’re not changing Bitcoin ,they’re creating something else.This is the essence of hard forks. When a group tries to change the rules (for example, increasing the block size), they can create a new chain , like Bitcoin Cash. Technically, this is a new game, played by new rules. That’s why it’s no longer Bitcoin.That’s why such forks quickly lose value and eventually go to zero, because people don’t trust them and don’t accept them as the real Bitcoin.

3  Economy / Gambling discussion / Re: How can we avoid addictions in gambling? on: August 06, 2025, 12:06:29 PM


- how can we avoid or control our gambling activities so that's it wouldn't lead to addictions ?

-how often should we gamble?



Gambling is meant to be fun, not something that takes over your life.
To keep it that way, I think it’s really important to set some clear limits ,both on how much money you spend and how much time you give to it. Also, never gamble when you’re upset or stressed. That’s when things can get out of hand.

If gambling starts feeling like something you have to do, that’s a red flag. Take a break, talk to someone, or even step away completely for a while.

Personally, I believe gambling should be occasional and under control , only when you know you're in charge, not the other way around.
4  Bitcoin / Bitcoin Discussion / Re: Top Cities to Pay Rent in Bitcoin on: August 06, 2025, 08:45:06 AM
If you want to spend Bitcoin, check out BTC Map https://www.btcmap.org , a map that keeps a record of all locations such as restaurants, shops, hotels, auto mechanics, and various other businesses and services that accept Bitcoin payments.You can also easily add your own business to the map if you want to start accepting Bitcoin.If you are looking for online stores, check out this website https://www.spend-sats.com . Also, if you have an online store and accept Bitcoin, you can easily add it to the site.When it comes to cities that have advanced the most in adopting Bitcoin and where you can practically live on the Bitcoin standard without touching fiat currency, these are the Swiss city Lugano and the Portuguese island Madeira.

Some Bitcoiners have developed a website similar to Airbnb called AirBTC, which is used for renting accommodations where payments are made exclusively in Bitcoin.
In case you're traveling, you can check out the website to find accommodations that accept Bitcoin and book through this site. https://airbtc.online/
5  Bitcoin / Bitcoin Discussion / Re: Chargeback Benefit of Fiat against Bitcoin on: August 06, 2025, 08:35:03 AM
Hello Bitcointalkers..
 As we continue to learn more , I do feel that one of the benefit of fiat transactions against bitcoin transaction is the chargeback feature...
   When you become a victim of fraud and you make transactions through you bank transfer or you made a transaction to a wrong account, it is possible to reclaim your money back as long as you have enough evidence to back your claim... The recipient account can be frozen and your funds can be reversed back to you when all investigations are done....
However, because of the decentralised nature of bitcoin this is not possible...
Because there are no central authority in charge of the Blockchain, any transaction that has been approved cannot be reversed. So if you fall victim of a scam your funds are likely gone forever...
  My question is do you see this as a major drawback and do you think that at any point, the chargeback feature may be introduced maybe not to bitcoin itself but to another crypto networks

It is completely wrong to claim that you are protected from fraud in the fiat system. The fiat banking system itself is a kind of fraud, because if you keep money in the bank, they are practically stealing it from you without you even realizing it , through something called monetary inflation.You always have the same nominal amount, but due to monetary inflation, you can buy less and less. You are effectively being robbed,and most people are unaware that they have been deceived and robbed. , and that money will never be returned to you.With Bitcoin, you cannot be stolen from in a subtle and sneaky way like in the fiat system.




6  Bitcoin / Bitcoin Discussion / Re: Indonesia Speculating on Bitcoin National Reserve on: August 06, 2025, 08:18:51 AM
A group named Bitcoin Indonesia is considering for Bitcoin National Reserve with the government as it push forward a proposal that can allow them to start by mining bitcoin, with the aim of boosting up their economic growth and developments from cryptocurrency, the team were able to meet the vice president, present their proposal and plan towards how this could be effectively manage and considered.

Additionally, it was also intended to stage a bitcoin education and awareness program to help enlighten the people in knowing about how they could make use of bitcoin and explore further opportunities in it, they also presented how they could maximize the potential use of hydroelectric and geothermal energy sources to enhance their economic growth through bitcoin adoption and mining process.

Source link.
https://cointelegraph.com/news/indonesia-exploring-bitcoin-reserve-strategy

There is something called game theory. This theory was developed by the famous mathematician John Nash. A movie about his life was made, titled A Beautiful Mind, with Russell Crowe playing the main role.

Game theory studies decision-making in situations where multiple parties are involved, especially when the decisions of one party affect the outcomes for others. It is based on mathematical models.Game theory is important because it helps us understand how countries make decisions when their actions affect each other.According to game theory, the country that adopts Bitcoin first can gain a strategic advantage. However, other countries may wait and observe, following the first move to assess the risks before making their own decision.It’s like a waiting game, where being first can bring advantages but also risks. Countries will try to find a balance , some will adopt Bitcoin first to gain benefits, while others will wait and see how it goes before making a decision. However, in the end, almost all countries will adopt Bitcoin once some serious nations take that path. The USA has already made the first moves, so according to math and game theory, all other countries will follow their example.

7  Economy / Gambling discussion / Re: What's longest streak of losses you have gone through following martingale? on: August 05, 2025, 01:25:50 PM
Martingale seems like an easy way to always win at first. But it’s not. Sure, you might win a bunch of times in a row, but eventually, you’ll hit a losing streak. And when that happens, you don’t just lose a littleyou lose everything you’ve been doubling up on.

This strategy doesn’t take into account how much money you actually have or the betting limits the casino sets. Plus, it gets stressful when you keep losing. So in the end, Martingale teaches you that it’s not just about luck  it can wipe you out fast.
8  Economy / Gambling discussion / Re: Gambling in Algeria, lead to crypto ban on: August 05, 2025, 01:20:32 PM
What you’re describing in Algeria is a textbook case of a government that chooses to crack down on personal freedom.Banning bitcoin because some people use them for online gambling is like banning cars because some bank robbers use them to escape. Classic old trick  punish the tool, not the abuse.As a libertarian, I believe people have the right to do whatever they want with their money.You want to use Bitcoin? Go ahead.You want to gamble? That’s your choice, your responsibility.The government has no right whatsoever to tell you how to spend your money especially not by threatening prison time just because you’re just because you’re using digital money like Bitcoin
9  Economy / Gambling discussion / Re: If Not for Gambling, Would We All Be Richer in Bitcoin Today? on: August 05, 2025, 08:21:51 AM
On this topic, We gamblers are actually one of the biggest reasons why Bitcoin took off. If we agree on that, have you ever thought that maybe we shouldn't have been the main reason? Because gambling made us spend our Bitcoin, and most of the time we lose money when we gamble. If gambling hadn’t been that popular back then, maybe we would’ve just held onto our Bitcoin and could be sitting on a small fortune today.

For example, in my case, IIRC, I lost more than 1 BTC back in the early days, maybe even 5. If I had those 5 BTC now, and gambling wasn’t that popular back then so I wasn’t tempted to spend them, that money today could’ve been worth around half a million dollars. That’s a huge amount that could’ve made life a lot more comfortable.

Bitter truth. Many of us spent BTC on gambling, small purchases, or silly things, simply because we knew nothing about money , and we didn’t understand what Bitcoin really was or how big of an invention it actually is. I first came into contact with Bitcoin in 2017, but for many years I didn’t understand any of it. It wasn’t until 2021 or 2022 that some friends recommended the books The Bitcoin Standard and Broken Money by Lyn Alden. That’s when it finally clicked for me. I told myself: 'Wow, how stupid I was. How did I not see this earlier? And there were people who understood it all early and tried to explain it, but I just couldn’t grasp it back then.If I had held on to all the BTC I ever had and kept accumulating, I could have been a billionaire But it's still not too late. We should keep accumulating, because most people still have no idea what Bitcoin really is.
10  Bitcoin / Bitcoin Discussion / Re: The significance of capped-supply of Bitcoin in the modern-day inflation on: August 05, 2025, 07:56:20 AM
Bitcoin having a capacity of 21 million tokens is one of its greatest economic aspects. Because of its fixed supply, Bitcoin offers scarcity instead of unlimited printing of the money. In countries where there is a lot of inflation (such as Venezuela, Argentina), the population has been experiencing the difference between keeping an asset with a limited supply and publishing that of local currency.

Bitcoin even more than technology is alternative monetary philosophy.

Bitcoin is a coin, not a token. It’s important to understand the difference between coins and tokens.A coin originated from the need for people to have a standardized and reliable means of exchanging value, storing value, and means of  measuring value. At the beginning of human civilization, people realized that bartering goods for goods was not efficient and had many drawbacks

For example,I am a hunter and I catch rabbits. Another person grows potatoes. If I want potatoes, I have to find someone who wants rabbits. But what if they don't want rabbits right now? This makes bartering difficult because both people must want what the other offers at the same time.That’s why they realized they needed something that would serve as a common medium of exchange, a store of value, and a measure of value, even if one person didn’t want what the other had at that moment.That something is called money.People tried to use all kinds of things as money. The first forms of money were things like rai stones, shells, glass beads, and whale teeth. Eventually, people realized that the best money was made of metal, like gold and silver. They started minting coins from gold and silver, which for centuries served as a reliable medium of exchange, a store of value, and a measure of value.For money to work successfully, it must have all important properties, such as durability, divisibility, scarcity, easy verification, and portability. Gold was the closest to having all these qualities, but it was not a perfect form of money. That’s why banks and fiat currencies were created, until the digital age made it possible to create a digital coin like Bitcoin, which has the perfect properties of money.





11  Local / Hrvatski (Croatian) / Re: Novosti on: August 04, 2025, 09:09:33 PM
@BitGoba
Možda si upratio da je Blockstream pokrenuo Simplicity na svojoj Liquid L2 mreži. Ovo je nešto što se pripremalo i razvijalo skoro 10 godina i moglo bi se teoretski aktivirati i na Bitcoin L1 blockchainu u budućnosti. Nisam ništa tražio o funkcionalnosti Simplicity nadogradnje i opcijama koje nudi. Znam samo da je u pitanju napredniji smart contract sustav s kojim će biti moguće delegirati ključeve i koristiti kompleksnije multisig šeme.

Jesi nešto čitao o Simplicity?

Ne koristim i ne pratim Liquid, tako da o Simplicity ne znam ništa.
Ono što znam jeste da je sva ova frka oko OP_RETURN-a i spama na Bitcoinu, posledica što su neki Core developeri vjerovatno  vrbovani od strane  VC kapitalista koji finansiraju zk-rollupe na Bitcoinu  pa im je potrebo  da uklone limit od 83 bajta za OP_RETURN podatke  kako bi zk-rollup projekti mogli da funkcionišu na Bitcoinu , zk-rollupovi bi mogli da rade i ako Core ne ukloni OP_RETURN limit i spam filtere, ali bi to bilo manje efikasno.

Mislim da se zk-rollup projekat zove Citrea i da je već operativan.Vjerovatno će prodavati neki svoj shitcoin. Prije dva mjeseca, jedan momak iz Beograda Filip javio se na Telegram grupi DvadestJedan i uživo na YouTube kanalu . On radi na nekom novčaniku ili aplikaciji vezanoj za Citrea zk-rollup Od 10 minuta možete pogledati ako vas zanima.https://www.youtube.com/watch?v=UshwcGGWVEU

Ja sam protiv bilo kakve druge upotrebe Bitcoina osim monetarne ,samo upotreba kao novac, odnosno sredstvo razmjene, sredstvo čuvanja vrijednosti i sredstvo mjerenja vrijednosti. Zbog toga sam sa Corea prešao na Knots nod, koji ima filtere.  Bitcoin je monetarna mreža, a za sve druge stvari poput smart contracta,tokene , DeFi-ja, NFT-a i slično postoje Solana, Ethereum i drugi.Bitcoin je novac

Knots nodovi trenutno drže oko 11% udjela mreže, ali njihov broj stalno raste. Luke  Dashrj ima  aplikaciju koja prati stanje svih nodova i javne i skrivene
https://luke.dashjr.org/programs/bitcoin/files/charts/software.html
Ne možemo scamere zaustaviti da prave i prodaju svoje shitcoine na Bitcoinu, niti da pretvaraju Bitcoin u Ethereum ili Solanu, ali pokretanjem Knots noda možemo im to otežati.



12  Other / Beginners & Help / Re: BTC Investor Losses 7,4 BTC with Fake Sparrow Wallet Mobile App on: August 04, 2025, 06:01:23 PM
This story seems a bit strange to me, and I doubt its authenticity. The guy presents himself as a bitcoiner who uses a Coldcard. If someone truly understands Bitcoin and uses a Coldcard, that’s an advanced user who definitely knows how important it is to never enter the seed phrase online.

That’s why this feels more like yet another FUD aimed at slowing down Bitcoin adoption and scaring everyday users away from moving to self-custody. Just like the stories about quantum computers and other “end-of-Bitcoin” narratives that occasionally surface in the media.

I also leave open the possibility that this is just a boating accident.

For those who don’t know what the “boat incident” is, it’s a well-known joke among Bitcoiners about losing coins, referring to someone supposedly losing their hardware wallet during a boating trip.

https://www.youtube.com/watch?v=mN_P39xI1ss

13  Economy / Gambling / Re: It’s Just business control your emotions on: August 04, 2025, 05:38:19 PM
The story of Fred Smith is certainly interesting, but wins like that are rare and are often used more for marketing than as real-life examples to follow. Most people lose, but those stories don’t get told. Gambling with the hope that you’ll “make it” like him can easily lead to addiction and financial ruin. Only play if you know your limits , with a clear head and money you can afford to lose.
14  Economy / Gambling discussion / Re: When gambling has better odds than holding your local currency on: August 04, 2025, 07:58:51 AM
I'm pretty sure most of you know how inflation affects a country and its people, but imagine if it reaches the level of hyperinflation. Take Venezuela for example, which got hit hard by hyperinflation with over 200% yearly inflation, making it one of the countries with the highest rates globally.

Normally, we gamble just for fun, but in a place like that, gambling might actually be a way of survival. The odds of turning a small amount into something bigger could seem more appealing compared to just holding onto their money while its value keeps dropping every day.

In a way, while it goes against the usual belief that gambling isn’t an investment, in countries with hyperinflation, it might look like a potential hedge against losing purchasing power.

So I’m curious, do we have anyone here from such countries, like Venezuela or Argentina? How do you see this possibility? Would you consider gambling an escape from inflation, or does it only make the situation worse in the long run?

Hyperinflation happens very quickly, and most people aren’t aware of it until there is an obvious loss of purchasing power. Inflation is much more subtle because most people don’t realize that their purchasing power slowly decreases year after year. Their savings melt away like ice in the spring sun, but people don’t notice it, especially with currencies that have inflation just below 7-8%, like the dollar or the Swiss franc. I haven’t heard of anyone using gambling as a way to protect themselves from inflation or hyperinflation. People mostly use gold, or foreign  currencies with lower inflation. Today, we have Bitcoin as a perfect money , hard money that can protect us from inflation. The best way to save is in Bitcoin because that way you are protected from inflation.
15  Bitcoin / Bitcoin Discussion / Re: Return rate for bitcoin for the next 10 years on: August 04, 2025, 07:39:12 AM
Gold has had an average annual return of around 8% over the past 30 years, similar to the S&P 500. The US dollar, considered the best fiat currency among about 180 fiat currencies due to its relatively low inflation, experienced inflation roughly between 8% and 10% during that period. This means that if you saved in gold or the S&P 500, you mostly managed to preserve your purchasing power. There wasn’t a real increase in purchasing power, just maintaining value.

Bitcoin is expected to have much higher CAGR over the next 30 years, around 20 to 40%. I would recommend everyone to explore the power law model to better understand this dynamic.Power law is like a crystal ball, but based on mathematics and physics. It’s a model that helps explain how certain phenomena, like Bitcoin’s growth, follow predictable patterns
16  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin becoming too centralized with big miners and institutions? on: August 04, 2025, 07:16:53 AM
Seeing big companies buying billions+ dollars of bitcoin, isn't it becoming too centralized. Could they centralize it if they own a lot of it's portion.
How can we defend against this process?

Bitcoin does not become centralized based on how much someone owns ,even if someone holds 90% of all bitcoins, they cannot change the rules. Bitcoin is a peer-to-peer monetary network and digital cash system, with software that anyone can run on their computer. As long as anyone can run their own node, choose their software, and decide which rules to follow , and as long as this remains easy ,cheap and simple , Bitcoin stays decentralized.
17  Economy / Gambling discussion / Re: Does anxiety have any effects on gambling ? on: August 03, 2025, 10:54:23 AM
Are you usually an anxious person? I wonder if being anxious makes you more susceptible to being addicted to gambling or no?

If you are always worrying, would you not be able to take risks as confidently as others? Won't you just stay in your safe zone and miss out on opportunities that could have given you bigger wins? Or maybe some people tend to forget about their anxiety from gambling because their mind gets so numb playing?

Has gambling treated your anxiety or has it made it worse?

I think anxiety can influence gambling in different ways. Some people withdraw because fear paralyzes them, while others, on the contrary, turn to gambling because it briefly shuts off their mind and calms them down. But that’s deceptive  while you’re playing, you might feel better, but once the screen goes dark, everything comes back, often worse than before. I’m not sure gambling ever truly “treats” anxiety it’s more of a temporary escape that ends up costing you more in the long run.
18  Economy / Gambling discussion / Re: Therefore i conclude that sports betting is a skilled base game on: August 03, 2025, 08:10:05 AM
Sports betting is far from being just a game of chance. It requires a deep understanding of the sport, data analysis, bankroll management, and long-term strategy to be profitable. Like any other skill-based activity, those who put in the work tend to perform better over time.
19  Economy / Economics / Re: Bitcoin is on the decline 2/8/2025 on: August 03, 2025, 08:01:26 AM
Don’t spend too much time watching Bitcoin’s price chart unless you’re a professional trader. Focus on your craft, the thing that really earns you money. Save every surplus in Bitcoin.

Bitcoin is money with a fixed supply, while there are about 180 fiat currencies in the world , all highly inflationary and destined to lose value forever. Bitcoin has no upper limit because fiat currency has no lower bound.

This current correction is caused because the Fed didn’t lower interest rates the day before yesterday.Why do central bank interest rates affect the price of Bitcoin? This is a deeper topic and requires understanding how the fiat monetary system works and what it means for money supply and monetary inflation.
20  Bitcoin / Bitcoin Discussion / Why Some People Immediately Recognized Bitcoin’s Potential While Others Didn’t on: August 03, 2025, 06:47:23 AM
There are always people who can quickly understand, recognize, and see something before others that was the case with Bitcoin as well. Bitcoin didn’t just appear out of nowhere, the idea of decentralized money, independent from the state, has existed for decades. Even Henry Ford in 1921 spoke about decentralized money based on energy. Supporters of the Austrian School of Economics have long dreamed of something like Bitcoin.Anyone who studied money and read about these ideas could quickly recognize Bitcoin’s potential.



Friedrich Hayek, the Austrian economist, wrote long ago about  Bitcoin. So, people who understood these concepts were able to quickly recognize Bitcoin’s potential, while most others didn’t really understand what it was about or thought Bitcoin was just some kind of monopol money or an experiment. Those who understood knew where it was all headed.


That’s why I believe education and research are crucial, because they help people understand the bigger picture and recognize innovations like Bitcoin early on
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