Unstoppable wallet has added replace-by-fee and also cancel transaction.

You can use cancel transaction on some wallets like Electrum but it means that you will double spend the unconfirmed transaction with higher fee in a way that the coin will be sent back to an address on your wallet.

I am sorry for this late reply. I am not a Bitcoin Core user. But if you can can provide a guide for it, I can add it somewhere in the OP.

Unstoppable wallet has added replace-by-fee and also cancel transaction.

You can use cancel transaction on some wallets like Electrum but it means that you will double spend the unconfirmed transaction with higher fee in a way that the coin will be sent back to an address on your wallet.

I am sorry for this late reply. I am not a Bitcoin Core user. But if you can can provide a guide for it, I can add it somewhere in the OP.

First, do not use the word 'accelerate' because on this forum, it means a different thing from bump fee or increase fee by double spending or replace-by-fee. This are the common terms used as what Unstoppable wallet meant as 'speed up'. Or you could have just use 'speed up'.

Second, there are other updates about bitcoin that you skipped but which is what that is most important to us. You can now use coin control on Unstoppable wallet. Users can preview previously used addresses for incoming bitcoin payments. Also we can add memo now for incoming bitcoin payments.


But it is nice that you brought this.

I have stopped using bitcoin for small transaction but which is not what I will like to talk about directly. That was the reason for my indirectly reply. That people can use bitcoin lightning network, altcoins pegged with bitcoin but which has some disadvantages because it can depeg from bitcoin, or to use altcoins instead.

I still use the bitcoin network but for transaction that seem high to me and also that would be when the network is less congested like 30 sat/vbyte or more lower fee rate.

Lightning network can be beyond bitcoin but bitcoin lightning network is about bitcoin stored offchain. It is bitcoin.

I just visited today to know I have missed some posts. I think that I mistakenly skipped the notification few weeks ago.


EL MOHA and SmartGold01 are correct. You can also read theymos post about copper membership: Newbies can now pay a small fee to enable images

Even that link above is for 2023.

This is the current one: https://en.m.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal)

Just look for African countries and you will know Nigeria is the fourth.

This was yesterday news on Bloomberg:

The GDP recently is less than half of what it was in 2014. It is quite unfortunate for Nigeria.

@Amphenomenon

Your link is for 2023 and not 2024.

I am correct about what I posted yesterday.

I have just seen this on Bloomberg which was yesterday news.

It is true that Cubana Chief Priest is more influential but this has nothing to do with naira exchange rate. It is about naira abuse.

I do not know if you are lucky about it or not but not all that glitters are gold. Your father take the best decision. It is possible that they are child traffickers. This is common in some states in Nigeria but I will not mention it so that some people will not react in a bad way to my post. But if you come from such state, know that it is likely child trafficking. Be it child trafficking or not, that is the best decision a father can make for his child. You can not just give your child to unknown people. If it is family, it is different but they are like strangers and not worth risking at all.

Do not mind them. Cubana Chief Priest is not going to prison is all what I can see. Sending Bobrisky to 6 month in prison is unfair and not called for.

I can see Cubana Chief Priest and Davido together very well. Davido Uncle which is the governor of Osun state now and Davido's father are very powerful and influential people. Also the guy will know a lot more of people but those two people are enough.

Board: Societal discussion

I downloaded a movie ending of last year, but I did not watch the movie until yesterday. The name of the movie is 'the sound of freedom'. The movie is about child trafficking. People that watched it will learn from it. Although, Whites know how to make a movie emotional but you will know what they acted will actually be a true life story and I was able to link it to a law passed by the United States government in real life. It is a movie that is what watching.

Also I can remember a movie that I watched on Netflix a year or 2 years ago called 'Oloture'. One of my best movie of the year in Nigeria as it educated those that watched it about how some people that wants to go abroad got into sex slavery while any of them that wanted to escape was killed. Oloture is worth watching.

The reason I created this thread is the news that I read today about someone that is pretending to be a Reverend sister, claimed she was trained in Ghana and also claimed that their headquarters is in Philippines. After she was arrested, she said she met with the parents of the children and told them that their children can follow them to their orphanage homes and that they would be given better care. Let me just continue it with the quote below as I am very tired already today.

This is the news: https://punchng.com/naptip-arrests-fake-rev-sister-for-allegedly-trafficking-38-children/


What surprised me is that this trafficker will go to the victim's parent to convince them. Or they will convince the victim if he or she can make his or her own decision. But later the victim will know that they are into modern slavery.

They will need to start from manufacturers to know the retail prices of each products. Then they can go to local markets and supermarket like they want to buy something. Price what they are selling there. We do not want to hear that they lockdown supermarket only but we also want to hear that they lockdown some local market shops.

Small size Indomie that was sold between ₦10500 and ₦11500 is now sold between ₦7000 and ₦8500. Someone even told me that is has lessen more in price but I do not know if that is true. So why other products are so still very expensive while some also become more expensive.

Imported products had fallen in price significantly but these local products are where wahala dey. We need price control.

I blame the government for manipulating naira price which is one of the cause of what is happening now. Inflation is not easy to reverse.

When there was persistent rise in price of these local products, they said it is foreign exchanges that was increasing in value as naira was falling in value. They also said diesel caused it. Naira that was sold at ₦1900 to a dollar before is now ₦1130 to a dollar. Diesel that was sold at ₦1900 per liter is now ₦1000 per liter. What is their complaint again this time than greediness.

Bribing is possible.

All I am seeing is backwardness. In 2014, Nigeria GDP was around $568 billion. $492 billion in 2016. $376 billion in 2016. $477 billion in 2022. $390 billion in 2023. Now at $394 billion.

This is not encouraging.

You can use lightning network. If you can not setup your own channel, there are some wallets that will provide you an easy way. What you will do is to download the wallet, do backup and start sending and receiving bitcoin. But just for little amount of money.

You can go for those coins pegged with bitcoin price. They are not bitcoin and they may be centralized to some extent. They can also depeg from bitcoin price.

If the address is not among the addresses generated by your wallet, that means you sent it to someone. Did you not intentionally sent it to someone?

Nigeria GDP should be around $394 billion. On Statista, the update was on 11th Apr 2024 which was 7 days ago. I think it is accurate. But in short, Egypt is the highest in Africa now but the country has half of the Nigerian population.

Land borders were opened during Obasanjo and Goodluck Jonathan time. Buhari came and closed the land borders, saying to encourage local products. Inflation started and naira devalued. GDP decreased also as a result of other bad governance.

Nigeria emerge as the strongest economy in Africa during Goodluck Jonathan time. It was still the highest during Buhari time but the GDB significantly reduced.

Recently, to my surprise, I saw Nigeria as the fourth in Africa with well reducrion in GDP on Wikipedia which is not more than $253 billion. Is this correct?

I went to check the Statista and I saw Nigeria GDP to have declined but not down to $253 billion but $394.94 billion. On Statista, it gives estimation up to 2028 and 2024 has not yet finished which makes me think it could just be a guess work or speculation rather than the real estimated value.

To know about economy power, DGP is used. Go and read more about GDP to know what it is.

About Nigeria, the GDP the country has in 2014 which was almost $570 billion. It was $441 in 2021. $477 in 2022. $390 in 2023. According to Wikipedia, it has decreased more significantly in 2024.

According to what I saw online, 6 months in prison or a fine of ₦50000 is the punishment. But read what I posted below.

Bobrisky was sent to prison for six month without the option of a fine. Cubana Chief Priest was bailed with ₦10 million with 2 sureties. A court case that will lead to ₦5000 fine supposed not to lead to ₦10 million bail I think. This is Nigeria.

I think option of fine is enough. It can be ₦100000 for rich people and ₦50000 for people that are not rich. Most naira mutilation is done more by the masses which are average and poor people. If they want to see naira mutilation, they should go to the market, vulcanizer shop, mechanic and rewire workshop and other places like that. Also the kids are among.

I have a nature not to rough books and money since I was a kid but I noticed anyone that I give my book or give money to keep it which I will later collect back, they would have been slightly multilated. This is just part of what is happening in Nigeria that only awareness and some strict actions can be effective against but they are not doing anything than going to celebrities. It has no sense because this can not stop naira mutilation.

I do not believe this or the country that your friend is living is somehow not good at all. If the salary are lower than before, the price of goods supposed not to be increasing. What I noticed in almost all countries, as the price of goods and services are increasing, the salary also will increase in such a way that everything will balanced, but the government do the manipulation for their own good.

If you want to know if the global economy is declining, you will need to check the world gross domestic product. If it is higher in total than the previous years, that means the global economy has not declined in value.

You can compare 2021, 2022 and 2024 using the data on this link: https://en.m.wikipedia.org/wiki/List_of_countries_by_GDP_(nominal). Click on list of countries by GDP (nominal), scroll down to table and click on it to see it.