No, it is not incorrect data. I know about a little about their situation, as I am from Brazil.

The country is completly broken. Government is in fiscal debit every year, and asking for additional loans to pay previous debits.

Additionally, the right wing president is probably not going to be elected again, and the socialists will take over. This generated an additional concern and a problem with trust with the investors. The situation will probably get worse.




Someone would need to be crazy to invest in Argentina now, even with 30% real interest rates, because goverment will probably devaluate their money by printing more. Argentina is known to fake inflation data, so probably their real inflation is far more than the actual interest rates.


Argentina even manipulated Big Mac price (from mc Donalds) to keep inflation artificially lower:


Well, I could write a lot more about it, but that´s enough.



TLDR: In reality, Argentina probably has a negative interest rate.

Cara, mas sinceramente. Voce vai economizar ai 40 reais e vai ter q confiar num revendedor brasileiro. Será que eles não adulteraram o produto? Eles podem fazer modificações no hardware e manter o firmware original...

Eu sinceramente tenho medo de comprar um produto de um lugar desse. Ainda mais que no Brasil as maiores empresas envolvidas com cripto estão todas envolvidas em golpes, pirâmides, fraudes, etc.... Se ele vendesse por 200 reais, mas por uma diferença tão pequena....

It is very confortable to have your QR code to receive cryptocurrency, and this could really be good for the "masses" and adoption.

However this can be done in your phone without any pre generated private key. There are many wallets doing that already, such as coinomi (without any pre generated keys).

Everyone carry a phone nowadays, and it is much better and safer than this new hardware wallet, imo.

I was taking a look at interest rates around the world, specially in G20
You can check them here: https://tradingeconomics.com/country-list/interest-rate?continent=g20
And you can also check their inflation rate here https://tradingeconomics.com/country-list/inflation-rate?continent=g20

I crossed that data and made this table.


You will see that first world countries are mostly with negative interest rates. Germany, for example, with a 0 interest rate has 1.4% inflation rate. So the real interest rate would be -1.4%.

This way, there is certainly a reason for all this interest in Gold, Silver and other metals. And, for bitcoin.

Millionaires and institutional investor can't put all their money on Stocks, neither on negative interest rates. Alternatives such as metals and bitcoin are certainly interesting.

Bitcoin fees also depend on the wallet , if your wallet is or not compatible with segwit.

If you use a segwit address (bc1 or 3..) you will pay lower fees. However, the most important is to be able customize the fees, and use low fees such as 1 sat/byte.

You need also to consolidate your inputs to pay lower fees. You can check those guide by Loycev about it here:
https://bitcointalk.org/index.php?topic=2848987.0

Additionally, in this website you can play with fees, number of input and output and segwit/legacy anf see how much you will pay on fees.
https://www.buybitcoinworldwide.com/fee-calculator/

Edit: about wallet recommendation, certainly electrum is the best. If it is too complicated for you, try mycelium, as said above.

This post is not related to only Armory Wallet, so I suggest moving this to Technical Discussion.

UTXO (Unspent transaction output) are bitcoins you received. Every transaction you received is a UTXO.
Those bitcoins can be tracked to who send them you.

For example, you have a verified account in coinbase and coinbase sent Bitcoins to your wallet. Someone can check your public address and see that your bitcoins came from coinbase, then they could ask coinbase who you are.
Then, when you sent those bitcoins to someone else, he can also discover who you are. This is how you lose your privacy with UTXO.

To avoid this, it is good to generate a new address for every transaction. It will improve your privacy, but it won't give you anonymity, because that "coinbase address" (which is linked to your ID) will not be your only one. People will never know for sure how many addresses you have, so nobody will know your total balance.

To have a pseudo anonymity (which is not 100%) you have to send those UTXO to a bitcoin Mixer, which will mix your UTXO and give you "clean" coins, which cannot be tracked back to you.

You are probably talking about an old Chrome App from ledger?
That app is outdated, you should unninstall it an move to ledger live. https://shop.ledger.com/pages/ledger-live

It is a new software made by Ledger that replaced this old Chrome extension. This is the software that is receiving updates, so it is safer, and also has a better interface and functionality.

The only lightning network app that I know is Eclair wallet. However, it is not in your list.
Actually, I can't find any wallet there.

How are people supposed to use those apps without a wallet? I really think you should add some wallets. Eclair is the only lightning network wallet I have ever use, so I cannot recommend any other.

I agree with this. There are countries with -0.7% interest rates, so they charge you to keep your money.

This is certainly a problem and millionaires over the world (as well as institutional investor) are seeking for alternatives to stock market, like gold , silver and Bitcoin.

In my opinion, telling people to buy bitcoin is a terrible idea, as any other investment advice.

If they lose money, they will blame you. And they probably will. Anyone who seeks for investment advice is going to lose money, because nobody that know what they are doing would ask for an investment advice.

What I do is to tell about BTC, and say that I invest in it. I tell about it, but most of the people have the completely wrong idea about it. I try to give them a more precise idea about what Bitcoin is, why it is important and why so many people buy it ( and no, it is not to make quick money).

I try to tell about decentralization," digital gold", buy anything with pseudo anonymously, freedom, etc.

There is no reason for all this drama.

Just keep your twelve word safe. Install metamask again and insert your 12 words. Done. Funds "recovered".

It is impossible to insert 12 words in ledger nano, because it requires 24 words.

So, you will need to send from metamask to ledger nano, or just keep it in metamask address.

Então, isso que estamos discutindo. Não se deve comprar revenda de lugar nenhum (eu pessoalmente não compraria nem na amazon)

Deve-se comprar somente em ledger.com. sai 220 reais lá a ledger nano s, maks barato q QQ revenda no Brasil e muito mais seguro. O problema é ese imposto que pode surgir

As far as I understand the situation here, you are  using windows 7 as a online computer, because you are trying to send transactions using Electrum and ledger nano . An offline computer cannot do that

Maybe you think you have an offline device but you don't?

Comprar nos EUA pra revender aqui realmente, por questões de segurança, não vale a pena.

Contudo, vale a pena voce comprar para voce mesmo ou para amigos de confiança.

É muito comum o pessoal comprar daqui do Brasil no site da Ledger ou Trezor e o seu equipamento ficar preso na receita federal. Dai voce acaba tendo que pagar quase outro em impostos...

Quando eu comprei a minha, juntamos vários amigos e compramos, aproveitando a viagem de um colega que estava na Europa.

Todas as pessoas q eu conheci que compraram do Brasil, precisaram pagar impostos e saiu bem mais caro...

I don't agree that merits are nothing. Maybe for veterans like Stedsm, that already had a reputation before the introduction of the merit system.

Merits  are a good (although not perfect, far from it) way to evaluate how much effort a user put in his posts.

There are many users here which don't care much about what they write, and barely read. Those users have earned few or zero merits, and most of the times it is not even worth reading their posts.

By experience, I somehow learned to ignore users which have like 1001 or 253 merits. It is not worth reading what they are writing, most of the time.

Of course there are exceptions, and sometimes they are users which are not using the forum very much, or they suddenly decided to read before write, or they are talking about something they know. I always try to merit those posts.

Earning merits is not something easy, but it they are coming if you are patient and you are posting things that makes sense. It requires patience, time (to read and to write), and some effort.

Users which earned lots of merits write good posts most of the time, and those posts worth my time to read. If someone makes good posts, he will earn merits, soon or later.

I wouldn't go ahead and confirm it without being 100% sure. You are right to be cautious.

Ledger support said you are using Windows 7? It is time to upgrade your windows system, as both manufacturer are recommending (windows and ledger). There are many updated which and bug fixes that are not being fixed on windows 7 anymore.

Additionally, try to send a small transaction (0.0001 BTC) or whatever. If it is ok, it arrives at the address you want and you have access to the change, you are probably safe. My main concern would be regarding the change. Try to send a transaction with a small input.

I think this derivation path is unusual as well.

Have you tried to send using ledger live?

If I were you, I would install Windows 10 and try again using Electrum

In my opinion, the most useful extensions in this list are metamask and ublock
Ublock because nobody should be watching ads.

And metamsk because it is  also a security extension, as it will alert of most basic phishing sites.
Look what happens when you try to access a phishing site while using metamask.


It doesn't work for all phishing, but it may save some newbies funds.

I think none of those problems are relevant.
You don't need your phone, just the seed.

If losing or broking the device made any difference, hardware wallets would be a terrible ideia, because they are small and once broken it is not Worthing fixing it (unless you mail it to the manufacturer).

You just need to store your seed in a piece of paper safely, then it doesn't matter of your phone broken, or you lose it.

You post confused.

What do you really want to do? Exchange coins? Like ETH -> BTC?

If you want to do that, you dont need an APP. You can just register on binance.com or go to some exchange service like changelly/easyrabbit and exchange your coins. There are even some wallets like coinomi which allow you to exchange your coins inside your own wallet (which is integrated with those services).

For high volume, Binance is better. If you have a low volume, like 50 usd or less, stick with those services I mentioned.

I do not recommend Shapeshift but they are enforcing KYC now, so be careful.

I agree. They can control all business related to cryptocurrencies, including altcoins like Libra, Ripple, etc.
Even interesting projects like BAT are being forced to do things against their principles, such as enforcing KYC to its publishers...

However, bitcoin cannot be fully controlled.

When people realize that, and altcoins become controlled, I hope we get rid of most of shitcoins.