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I dont know much as we all learn everyday. With the little I know I would love to share with you all. I am simply open to corrections and criticisms anyway.
Briefly I am driving my focus towards privacy and transparency. I believe they both ave a strength and a weakness. Transparency in Bitcoin ensures every can verify the circulated supply of bitcoin, see transactions history, and analyses the blockchain. But it create a space for privacy to be limited. Anyone can trace your wallet to know your balance if they know your address, whales and big investors can be targeted and trace down due to the large holdings in bitcoin and so on.
And if we say we adapt full privacy by using bitcoin mixers the government still has an issue with it. The current regulation has a soft spot for mixers but I wont forget how they labelled them to be tools that supports money laundering and embezzlement.
TO EVERYONE, HOW CAN WE CREATE A BALANCE BETWEEN TRANSPARENCY AND PRIVACY IN BITCOIN?
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Talk about core reasons why most of our youths can't collaborate with each other to create some really nice project and innovation and you can easily trace it back the fact that a lot of them are too anxious to get it big and easily envy there fellow youths that is doing better than them instead of working on effective collaboration with them.
Cases of crypto theft are mostly product of betrayal from close friends that feels threatened by fellow youths success once they know you're holding much crypto than them.
Even the increasing numbers of people going into cyber crime are in that number because of the anxiety to make it like other youths and the issue of unnecessary competitions among youths.
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Is this really necessary that the Nigerian government will have to attract the attention in this war. If things go south , we dont have the necessary weapons to stand against these country not even in a single day.  What is you take on this my people? As for me i no support this idea.
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Cyber knowledge is an aspect every crypto user ought to take seriously, and in this regard, cryptojacking, though dangerous and still posing a serious threat to forum users, might not be talked much about.
As some might have known, cryptojacking involves attackers secretly using a victim's computer resources to mine cryptocurrency without their knowledge or consent. It is often done through malware or malicious scripts embedded in websites.
It typically involves attackers embedding the malware on a particular website, and once the victim visits the site, it uses the processing unit of your device to do complex calculations for crypto mining while draining your device, and your device gets heated more often than necessary.
Knowing this opens one's eyes to the reason behind the overheating of our device while we visit certain sites, and particularly the forum. and it begs the question;
Is Bitcointalk susceptible to cryptojacking? Since this is a crypto forum, could it be possible that the site might have this sort of vulnerability that causes forum users' devices to get heated up while using the forum, which can also translate to increasing the body temperature of users while they make use of their device.
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Someone was to deposit my trust wallet, which he claimed to have made already. I observed and noticed an increase in my balance and checked the wallet history but only found the last deposit that I made a few weeks back with no date indicating that another payment has come after that.
Is it possible to receive a deposit without a history of the deposit that comes with the date the deposit has been made?
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i have two instance to project on this subject matter regarding a good leader that promises a corrupt free governance but will have to go through a corrupt electoral system just to get into office.
1. would you rather have him advocate for citizens to vote him legitimately because he wants to prove that he is not a corrupt leader and then fall into the trap of being rigged out into failure by an opposition that is ready to do anything to get themselves in office
or
2. play the normal political way of rigging an election just to increase his chance of winning the election and then effect the change that is necessary when he finally wins.
we all know that even if you have the best of plan for your nation and aspire to become her leader, passing through the electoral process legitimately will never allow a person that is not corrupt to win the election since the winner is usually who rigs more. would you rather take number (1 or 2) if you consider yourself an incorrupt leader?
nigerans can relate to what played out between peter Obi and the current president both of which used one of the option that didn't favor the one that considered himself a saint.
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mere reading the news of the hacked bybit exchange and the amount that has been stolen from it, it made me wonder if an exchange that should naturally be technologically strong can get hacked, what happens when a strong hacking teem decides to try out our nija banks that might not be well sophisticated regarding it security.
the Anonymous group have once threatened to hack the CBN and send money to citizen and we all took it as a joke. could that be possible?
secondly, crypto exchanges and the banks, be it central bank or the commercial bank, which is more susceptible to hack?
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democracy promises citizens a government that is of the people, by the people and for the people which means that the people are the key element of what a society that practices a democratic government should be all about.
bitcoin serves same purpose as a currency that is of the people, that is created by a man or group of people that are concerned about the welfare of the people and that is at the same time created to serve the needs of the people and cover for the lapses of the government. a society, individual or government that believes and preaches democracy should natural want to adapt bitcoin since it aligns with her vision.
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Many people long for prosperity for diverse reasons. Some people believe that financial stability and wealth are the ultimate keys to both success and happiness. Others on the other hand think that becoming rich will help them have all it takes to accomplish their goals and live a life of dream. We want to delve deeper into some of these reasons why individuals would want to become wealthy.
First, being free from debts is very important in peoples’ lives. When someone is not indebted, they can make choices as they wish without worrying about money. Being financially independent helps people take charge over their own lives based on their values, and live life however fits them best.
Secondly, richness can give a sense of security. With financial stability comes assurance that there will always be enough money for unexpected expenses such as medical emergencies among others. Besides this, those who are rich are able to accumulate more resources and assets and buy their dream houses or go on vacations which contribute towards their mental well-being.
Thirdly, wealth bring together investors who have the money to channel into different industries, engage in new start-ups and give back to society in one way or another. As such people can make up for what others are missing out on.
However, a person cannot get rich just by dreaming about it: you need to work hard, be dedicated and always keep discipline. There are many famous people in history who had become wealthy who were once poor like other ordinary individuals. They kept going despite any hurdles coming along their way and eventually they achieved their objectives.
In conclusion, there is a difference in how various people want to be rich. For some people, financial independence is all they seek; others want to explore the world while others wish to assist the needy through NGOs. Nonetheless, one must acknowledge that becoming rich is not easy; it requires dedication and hard work as its prerequisites.
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