Capital means that all important things are gathered in one place, which implies centralization and control, while the most important aspects of Bitcoin are decentralization and privacy.
Capital simply means THE city of what ever it is. Paris is the city of love, does this mean love is centralized in Paris? A capital of Cryptocurrencies means simply the city where you can get the most out of Cryptocurrencies. Paying in Bitcoin any where you want, businesses being generally supportive of Cryptocurrencies et cetera. From this simple idea to centralization and, like some people before me wrote, calling it the capital is violating the consent of Satoshi is an extremely long way.
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We used to compare it to Bitcoin then, but now it's close to, if not another shitcoin
It was compared a lot through how much Ethereum is used versus Bitcoin and such. Ethereum has so many shit coins that I wonder how much it would actually be used had this not been the case. I appreciate when people come with facts and actual belief in a Cryptocurrency they own. But in most cases, it is just people who purchase a Cryptocurrency and praise it to the moon and beyond hoping it will share the same train ride they missed with Bitcoin.
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That is the worst claim that can happen, claiming to be a bitcoin city in the world is a declaration without the consent of the creator, they just claim it, what should be worthy of being a bitcoin city is the place where the creator built bitcoin, that is more logical than being claimed by a country or institution.
However, if the implementation is that those countries create a bitcoin city and in it transactions using bitcoin are allowed only in that city, I think that makes more sense, but of course this will not affect the bitcoin mechanism and its decentralized nature, that claim only applies to the implementation of bitcoin use and we can call it a bitcoin city, I think it's better like that.
This makes no sense what so ever. Why is the consent of Satoshi necessary to build or claim a Bitcoin city? If a country decides to bring Bitcoin closer to main stream and to also bring the majority of Cryptocurrency investors over, I have no problem if they claim it to also be the capital of Bitcoin. In fact, this may ultimately be healthier to Bitcoin. If you have no competition, you have no reason to innovate. If countries compete for the capital of Bitcoin, we will all only see good things coming out of it. It will most likely end up being a competition of who offers the better advantages for investors or for the Bitcoin users generally. It may lead to more lax regulations. For example, The United States may regulate Bitcoin but do nothing for privacy. Then, other large countries may be tempted to attract investors to THEM by regulating Bitcoin while also considering privacy. Ultimately, if this means investors are showing signs of willing to move their investments to the other country, The United States may feel the need to also start considering privacy. If you ask me, this can only end well for us all.
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Is this what "making it" looks like? A higher price tag in exchange for its soul? What's the point if Bitcoin just becomes another toy for the system it was supposed to challenge?
In this aspect, we are fighting a war we simply can not win. We are using a scarce currency to fight a system that OWNS the money printing machine. No matter what we do, our currency is priced in the symbol used by the system. At one point, this sterlie vibe you mention was inevitable. You can not fight an army with a single bullet. Even if most of true Bitcoiners were millionaires, we would still be fighting against a system of billionaires. A single billionaire has way more power of influence than a thousand millionaires. What we now need is in my opinion not the revolutionary feeling brought back but finding ways to keep Bitcoin alive in the way SATOSHI MEANT and Monero as a backup too. The system is clearly NOT defeated but is finding a way to pretend they are in our boat while cunningly finding ways to destroy the success Bitcoin right from its core. Bitcoin is almost useless in a world where anonymous European Cryptocurrency transactions are considered illegal or suspicious of Anti Money Laundering law breach. It becomes almost useless if we get to a point where you can only use Bitcoin if you link your addresses to your identity. At that point, it becomes a tool of dystopia and not of freedom any more. And while Bitcoin will not die entirely and can still be used anonymously in the underground, it will ultimately either become just that, as in an underground currency, or it will simply die out in time. Monero is clearly the first they are going to try shooting burst bullets at and we will have a lot to learn once that happens. I still have a hope that we have enough cypherpunks who will gather and find ways to avoid the death of Bitcoin or Monero as we know it. The Wall Street joining us is cheered by many, including me partially, but I am in the middle of a mental conflict between being enthusiastic about what looks like a quick evolution of Bitcoin and being skeptical of it all. It seems not only too good to be true but almost like a trojan horse of our era. A government may accept the defeat in front of a coup, but here they are fighting against the virtual. It seems dubious that they would accept the defeat against Bitcoin this easily. And The European Commission is showing strong signs of retaliation against us. Through public statements they say they are doing this to fight the good fight, but if you know the pieces of the dystopian puzzle then you know very well this is anything BUT the good fight they are fighting. You are feeling sterile to what is happening because time ticking bombs have already been positioned and set. This is only a transitionary step toward the aftermath of these bombs. In about two years, Europe is ready to shoot the first missiles against Monero and Bitcoin through the 2027 Anti Money Laundering laws. I believe this is a feeling of what I like to call the brewing Cryptocurrency Cold War to break out into a full scale war of digital currencies and privacy in a matter of years. I am ready. I expect nothing any more. If this world is bound to enter the worst nightmare of mine, becoming the dystopia we once only saw in movies, then we really have nothing to lose by continuing to fight for our privacy, our freedom and, ultimately, for at least part of what used to be a good world or future.
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I am not sure about the state of European 'Cryptocurrency cities' to be honest. A while ago, The Netherlands held the crown for having this 'Bitcoin Boulevard' in Hague. It was widely known for being the one street where you could pay with Bitcoin pretty much any where. But that may have changed. They also had a few Bitcoin associations fighting for Bitcoin.
A few other European countries are supportive of Bitcoin too, maybe not the government so much but the businesses. Austria, the Czech, Germany, Netherlands, Italy are only a few to name of a pretty large list. Unfortunately however, I do believe other Asian countries and El Salvador took the lead a long time ago.
The United States is in my opinion the only one to hold a fake crown. I do not care for the news of one country planning to become the 'capital' of Bitcoin if on the other hand the same country comes with the worst Privacy laws and regulations of all. It is like ATMs. Years ago, they were spreading like wildfire and I would have paid the chunky commission for the Privacy I was ensured. But nowadays when they ask you for mobile phone confirmation or even your ID, I have no business supporting such dystopian nightmares.
Europe comes second worst, or at least it looks like it considering the laws the European Commission are planning to bring to the public.
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Get the fuck off of this forum, what kind of loser joins Bitcointalk just to attack software for being open source?
What happened Kruw, the Secret Service accusation got really deep into your brain? So, how do I connect my tainted North Korean money through your UNCENSORED coordinator again so I can launder? I forgot what page the tutorial was at.
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Users who are using Cryptocurrencies for reasons other than what they were created for fall in too many different categories, so I will speak for people who use Cryptocurrencies as intended and know what they are and what they are doing too.
Knowing what Bitcoin for example was created for and using it that way, I get why Centralized Exchanges come in handy sometimes but I also get why Decentralized Exchanges may sooner or later grab the power handle. If Decentralized Exchanges become as easy to use as Centralized ones, with the bonus of not having to share your real identity with anybody and not having any third party between you and the seller potentially blocking your funds or asking you questions, I do believe Decentralized Exchanges will become the more used in time. More as in more people will use them and they will have enough liquidity and volume.
But money wise, I do not expect that they will ever exceed the total volume of transactions a Centralized Exchange will have. Because when you have a TON of money, while you can still use Decentralized Exchanges, people will likely seek 'safer' and more convenient options. And when you are that filthy rich, you will meet no problems such as exchanges asking questions. They are privileged and they know it.
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The victim will copy it and send bitcoin there thinking it is his own exchange address as an example.
Such a sad thing it is that this kind of scam is among the more common ones and yet the solution is so simple. Spending a few more seconds to be cautious and making sure you are choosing the right address. I just timed myself to see how long it takes to check an address. It took me 22.5 seconds for the first attempt, 21.7 for the second. In under 45 seconds, I can make sure it is the right one. I can not even imagine HOW somebody spends MILLIONS but would not spend 23 seconds to at least check it at least ONCE. At that point, it is too stupid!
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Kruw, your coordinator is being accused by the Secret Service for letting The Lazarus Group launder part of the billions stolen from Bybit. Why are you helping criminals out? I thought you were a supporter of Blockchain Analysis particularly for this reason! To keep SBF and other criminals far away! What happened? Since zkSNACKs is shutting down, who is willing to risk, start and run a new coordinator? I'm running one. Where's your coordinator, pussy? ----- They can use your coinjoin coordinator. Can you remind me how to connect to your coinjoin coordinator, PrivacyG? I rather be a pussy than run coordinators that help North Korea steal and launder money. Sorry Kruw, I thought we were both against SBF but it seems like you were only pretending all along.
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So many people fighting and arguing over absolutely nothing.
Each of us has their own method that seemingly works best. Memorizing the Seed is something I would not do simply due to my fear of having who knows what kind of mental issue later in life and somehow whispering my Seed to the wrong person. Burying the Seed somewhere definitely seems like a far better idea instead.
Then comes OP who tries to prove who they are and why they are not stupid, this is so silly.
You do you. As long as that Seed is stored well, be it in your brain or on a piece of leather buried 200 meters underground in a vacuumed tube, just do it and have it properly kept and protected.
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'to steal users Privacies and funds', as if WhatsApp ever offered any form of 'Privacy' to its users. If anybody believes it, do not be surprised to later find out it was never really true.
Almost anybody I know would download a random image received through WhatsApp, who would ever even think it may lead to serious consequences such as getting your phone infected by it? In my opinion, we live an era in which we should REALLY start separating again private life from the public. Humans did not have this problem decades ago, we only have it now because we have EVERY THING in our phone, private or public.
Security and Privacy education is really, really bad and I believe we need a VERY long time before we start noticing a little difference. Convenience is permanently close to you and so tempting, it becomes very hard to give it up. And I do get why. If we all had stalkers staring at us and physically following us every where we go, we would care. But because these 'stalkers' harvesting your data are invisible and unnoticeable, it became so normal it is scary.
From simple private notes and banking all the way to nude pictures and a chunky browsing history with all the fingerprints and behavior, nowadays it is all there in only one place. This means you land in big trouble if your phone ends up becoming compromised.
Separate them, you will be thankful! Not only will you be stress free, but you will also learn again to enjoy life more, like you used to.
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Even if the piece of news had a backing source, does anybody get surprised by this kind of news any more? China is banning and unbanning Bitcoin like I flip the switch every day and night. It is nothing more than their usual procedures of constantly changing their mind over and over again.
It is China after all. If Europe barely digests Bitcoin, it is no surprise that China is even worse at accomodating with it.
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I am often surprised to still see ATMs functioning in the cities because only once or twice an year it is that I see a person using them. And I agree, with so many exchanges existing you have so many options closer to 'free' rather than paying 10 percent or other absurd amounts to withdraw money from a machine.
Do not get me wrong, the percentage was in my opinion alright, not good but alright, back when Know Your Customer was not mandatory at ATMs. Now that most of them ask for some form of personal information to withdraw, I would definitely not pay a premium for my information to also be taken away. If I wanted to give somebody my information in exchange for cash, I would then simply create an account on an exchange instead.
The only other reason I would see somebody not choosing exchanges over ATMs is banks. Some banks are not friendly with cryptocurrency cash outs. ATMs help you skip that head ache.
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Believe me when I say this: the IMF's major concern isn't about electricity usage or environmental hazards; they just want to be in control. And now, Bitcoin is already threatening that control.
This is true and valid for almost every single country and leadership in this world. If they wanted to actually solve issues, they would. If they wanted to stop environmental hazards, they would and Bitcoin mining farms would be the last issue. Look at how much shit so many countries produce. Plastic stuff nobody needs, clothes made out of plastic, where does it all go? They are attacking Bitcoin because they feel threatened by its capacity of making the average person be more free than banks can. IMF would never agree that in the face of Bitcoin they are useless. They obviously rather attack it.
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It is probably his own money sent through a donation address to himself. There was a lot of speculation here before he was even released that he likely has wallets with a SHIT ton of money in them sitting somewhere that were never found and seized by authorities.
An alternative to this theory is that maybe somebody who used to work with him back in the Silk Road days decided to reward him for the past days. Or it may be a really wealthy person deciding to support his cause.
Who knows and, to be honest with you, who cares. Anyway. It would be extremely dumb of him to do this after he was only recently pardoned and sent home from what he thought would be a life in prison.
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Will you share the profit the way your girlfriend demanded it or split it the way the man thinks right which is just returning the money.
Do not think about the man, think about the girlfriend. Imagine you were her. Somebody stole your money, made a lot more money off of it and then gave you back only what they stole. Would you be happy or would you be angry at the thief living off of what they stole from you? I know the man was her boyfriend, it does not mean he did not do what a thief does. It does not only breach trust, it is also immoral and she should be compensated for it. He would have nothing if her money was not there to begin with. ----- Well, there would be those kind of thinking that if it wasnt on her money then you wont be able to hit up that jackpot on which its ethically true but its better to wait up for the man to give out on what should he give since he's the one who do made out such bet.
What if he lost the bet and her 10 thousand vanished? Would he do triple the work and do anything necessary to bring her the money back without also affecting her life? This is a one in a million situation. Fleeing and considering you have a right to 100 percent of that money after you stole it to begin with sounds really, really bad.
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I have finally left the categories of people that always say that memecoins are dead because how is it possible for someone to use only $10 to trade memecoins for 2 weeks and turned it $750 and still counting, $750 yes you heard me right that was what Ryan my friend did by just playing around BSC tokens mostly memes like $B, $WILFI and others.
You can make a ton of money out of shit coins quickly. You can lose a fortune through shit coins in minutes. The only reason you are cheering for them is that you see upside. When the downside comes, you better be ready for it! Do not be blinded by your luck, all the mountains of posts, threads, comments, replies from people who lost and were fooled by the memecoin euphoria should not be ignored or taken lightly. I am not trying to discourage you. It is great that you made so much money but in my opinion it is a good idea to now be smart and play it safer.
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I think it makes sense. I recommend using a separate PC or laptop to interact with crypto and hardware wallets. Which one to use (new, used or refurbished) is up to you based on your budget and preferences (and level of paranoia  ). I would like to recommend that you pay attention to nettops (like the picture below), which will allow you to have a very small PC (easy to store and transport), but powerful enough for working with hardware wallets. Which you can connect to any TV and use as a monitor. The only thing is that I would immediately install Linux instead of Windows 11. I would advise against purchasing no name computers to use Cryptocurrencies on. Even the branded ones are really shitty when it comes to bloatware and spyware, it would not be a surprise if these no brand computers had some chip that relays information to a strange Chinese server. Maybe the ONLY way I would use one is if I planned to turn it into an airgapped computer. But even then, I rather pick a known name than Chinese crap.
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I don't understand this argument that you should buy things with cash and save your bitcoin. You can use bitcoin to do both. Simply convert some of the cash you normally use to pay for everyday items anyway and do it that way.
I do understand it. If I have 1000 thousand for monthly expenses, keeping 1000 thousand USD for one month allows me to afford approximately as many expenses as planned. If I purchase Bitcoin, within one month it can become 500 USD. Now what do I do, do I borrow money? Do I take a loan? Now if my salary was 20 thousand, I would maybe not care that much. But for the average person, realistically it is more of a luxury to afford purchasing Bitcoin to pay the monthly expenses with. Not to mention countries that are against Bitcoin, banks who punish customers who like Bitcoin, businesses limiting what you can do with Bitcoin by not accepting it directly et cetera. I wish I had a VISA or MasterCard Bitcoin card, but I like my Privacy and I will give up my comfort for it. As much as I hate saying this, it is not as easy as it sounds.
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I challenge you. Open up whatever software or website you are using to check on Cryptocurrency prices and switch to Bitcoin pair rather than USD from today on. That is in my opinion the REAL way to check winners and losers. Over the longer time frame, you are wrecked if you are holding almost ANYTHING else except Bitcoin.
Therefore, I do also support what the replies above me say.
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