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1  Bitcoin / Bitcoin Discussion / Re: Have you, or would you ever use a Bitcoin ATM? on: April 07, 2022, 11:34:58 PM
I used a particular bitcoin atm that takes spare change and can give you the fund in btc.

The real problem was the fees. I had deposited around $120 in change and only got about $95 back in actual bitcoin. Bitcoin ATMs are in no way the way to go for a beginner looking to get some money in bitcoin. The fees would instantly turn them off.
2  Bitcoin / Bitcoin Discussion / Re: Microstrategy rug us again? on: April 06, 2022, 02:48:47 AM
I think MS has proven that they are making these bitcoin purchases with the intent to hold. MS has not sold any bitcoin since their initial accumulation.

So to put their company name and 'rug pull' in the same post isn't really backed by anything.
3  Bitcoin / Bitcoin Discussion / Re: Bitcoin is Freedom Software --> Support Freedom Software on: April 01, 2022, 11:29:28 PM
One very important distinction: All freedom software is completely open-source, but not all open-source software is completely free.

For me Freedom Software and Open Source Software are the same things, if you can access the code, understand it, and modify it then you can call that 'freedom'.

And if you want to learn about more Freedom Software then you should take a look at Linux and I'm sure that if you understand how that works then the word freedom will get a new meaning for you.

Depends on the GNU/Linux distro that you have chosen. Many mainstream distros contain proprietary software that the user has limited control over. I, myself, use a free distro of GNU/Linux that only contains free software. If you do a little more digging on the site I provided, you'll see why the open-source movement is ideologically different from the free software movement.

The freedom software movement focuses on the freedom of the user. The open-source movement only advocates for better software. These are two different goals that aim to achieve two different things. One is user freedom, while the other is improved software. The former, benefits from both goals. While the latter, benefits from just one.
4  Bitcoin / Bitcoin Discussion / Bitcoin is Freedom Software --> Support Freedom Software on: April 01, 2022, 07:50:00 PM
There is a rather common misconception that all open-source software is considered freedom software.

When people speak of "open-source" software, they are referring to a computer program's source code being "open" to the public. This means that anyone is able to review the code that the program is executing on the machine.

While it is important that our software is open-source, it is important to know the difference between "open-source" and "freedom software". The open-source movement aim's to achieve one thing, while the freedom software movement aims to achieve another.

One very important distinction: All freedom software is completely open-source, but not all open-source software is completely free.

When we speak of "freedom software", we mean free as in 'freedom', not free as in 'free food'.

In order for a piece of software to be considered free (as in freedom) it needs to give users the 4 essential freedoms:

  • Freedom 0: The freedom to run the program as you wish, for any purpose.
  • Freedom 1: The freedom to study how the program works, and change it so it does your computing as you wish. (Access to the source code is a precondition for this.)
  • Freedom 2: The freedom to redistribute copies so you can help others.
  • Freedom 3: The freedom to distribute copies of your modified versions to others. By doing this you can give the whole community a chance to benefit from your changes. (Access to the source code is a precondition for this.)

If just one of these freedoms is not met, the piece of software in question is not truly free. Instead, it is considered to be restricted, non-free, proprietary software.

Quote from Richard Stallman:

"In practice, open source stands for criteria a little looser than those of free software. As far as we know, all existing released free software source code would qualify as open source. Nearly all open source software is free software, but there are exceptions.

First, some open-source licenses are too restrictive, so they do not qualify as free licenses. For example, Open Watcom is nonfree because its license does not allow making a modified version and using it privately. Fortunately, few programs use such licenses.

Second, the criteria for open source are concerned solely with the licensing of the source code. However, people often describe an executable as “open source,” because its source code is available that way. That causes confusion in paradoxical situations where the source code is open source (and free) but the executable itself is nonfree."

As many of you have probably gathered, our decentralized protocol is made entirely of free (as in freedom) software. Every line of bitcoin's code is completely and totally free. All users are allotted the four freedoms mentioned above. Everyone is free to run the program as they wish (freedom 0), everyone is free to study how the code works and change it so that it operates as you wish (freedom 1), everyone has the freedom to redistribute copies of the code (freedom 2), and everyone has the freedom to distribute their modified copies of the bitcoin core software (freedom 3).

Proprietary software severely limits users and what they are able to do with any given program. This is why we need to advocate free (as in freedom) software beyond our use/advocation of bitcoin.

Instead of just freeing our money, let's aim to free our digital lives as well.

For more information on the goals of freedom software, visit fsf dot org.

5  Other / Meta / Re: IQ testing now required before posting on: April 01, 2022, 05:46:31 PM
What happens if my IQ goes to ZERO?
am i being stupid?

The forum automatically locks your account and you will have to bribe @LoyceV or buy IQ points from someone.  Cool
Be careful!

many say it's just April fools but others say something else.  for me, theymos is always full of surprises that make our heads explode LOL

No its literally an April Fools joke my man. He does this every year!
6  Bitcoin / Bitcoin Discussion / Re: How Bitcoin Nearly Bailed Me Out on: April 01, 2022, 02:24:14 PM
I had more than half a bitcoin sitting in a wallet before realizing that I had it last year. I had it from back in 2015 trying to purchase a fake IDs.
7  Other / Off-topic / Re: Elon Musk is a Sissy-Bitch on: April 01, 2022, 02:15:24 PM
I think this is a bit of an emotional post. Let us not forget the platform he helped put crypto on last year.

Many people aren't happy about the billionaire tax. The 20% proposed by Biden is quite extreme. While yes that have an absurd amount of money, it doesn't entirely mean they have to agree with giving it away.
8  Other / Off-topic / Re: What Do you do in your free time? on: April 01, 2022, 02:12:20 PM
Most times just tinker with freedom software. I'm always trying to build my own versions of different tools.
9  Other / Off-topic / Re: It's Fool's Day and be careful with your IQ on: April 01, 2022, 02:08:54 PM
It seems like it starts you off at 100 and works your way from there. I think I may have missed my first questions but not sure.
10  Bitcoin / Bitcoin Discussion / Re: April Fool bitcoin news around the world on: April 01, 2022, 02:06:31 PM
The IQ system is kinda funny though.
11  Other / Meta / Re: IQ testing now required before posting on: April 01, 2022, 02:04:43 PM
Forum software please
12  Bitcoin / Bitcoin Discussion / Re: Russian individuals are using crypto to bypass sanctions on: March 25, 2022, 05:23:45 PM
Some people might be able to bypass some sanctions but it’s quite tough to be able to. Most exchanges are KYC & aren’t allowing Russian nationals to trade with them atm. You can avoid sanctions by using crypto but how are they supposed to buy significant amounts of crypto when exchanges won’t accept their fiat?

That is sort of the big issue. The issue isn't their ability to initiate a bitcoin transaction, the issue is exchanging that bitcoin into fiat. Most of the off/on ramps are exchanges that use SWIFT to send customers their funds in the form of fiat currency.

Needless to say, completely evading these sanctions will not be an easy task for Russia. However, I have a feeling they will find a way.
13  Bitcoin / Bitcoin Discussion / Re: Who is Satoshi? Hypothesis with proof, reasoning, and statistical analysis on: March 25, 2022, 03:33:48 AM
Just another meaningless attempt where we try to unmask Satoshi.
Which is so much dumber than it sounds.  The man, group or whatever Satoshi was who gave you financial freedom and decided to vanish from the scene is now attacked by the users of his own creation.  Instead of spending our time to unmask and possibly kill or incarcerate an entity who gave us freedom, we should maybe better take a step back and see how this time can be used to make Cryptocurrencies and Blockchain better.

If Satoshi is not a government or an institution, then he is hundred percent a government's target and by unmasking the identity behind his name, we are doing him the worst thing he could get.


People just don't understand how bad it could get if Satoshi were to actually be identified. People don't understand the media sh*t-storm that would ensue from such an event. Were this to happen, we would see an attack on bitcoin like nothing we have ever seen. And now.. they would have a face to attach to it.

Regardless of our internal curiosities, we have to understand this is not a can of worms we want to open. Let Satoshi remain a legend.
14  Bitcoin / Bitcoin Discussion / Re: Honduras to declare Bitcoin as a legal tender? on: March 25, 2022, 03:26:28 AM
I've posted this before and I'll post it again.

It would be great news to see another country adopt bitcoin as legal tender. As long as they are transparent about what they are doing. The people need to have a choice in this matter. As many have expressed in the past, the way El Salvador processed it's groundbreaking legal tender law was shady to some degree. I think had the people been aware of this move and by extension given a choice, El Salvador would never have drawn this criticism.

Either way, it would be incredible news to know another country is treating bitcoin as legal tender.
15  Bitcoin / Bitcoin Discussion / Re: Why Hoard Bitcoin? on: March 25, 2022, 03:21:49 AM
Also, not everyone is sold on the BTC as a currency concept; some people just look at it as a decentralized asset like a digital version of gold.

I have a strong feeling many governments will do their best to keep bitcoin from being the primary medium of exchange. Their efforts will be in the name of their future CBDC. They can't have a successful digital currency when bitcoin and its LN is processing the majority of the transactions.

I think that bitcoin remains a strong store of value for the foreseeable future. However, I am not sure how long it will take for the 'medium of exchange' use case to truly take hold.

16  Bitcoin / Bitcoin Discussion / Re: securing seed, brute forcing one missing word in seed on: March 24, 2022, 07:55:20 PM
A good solution would be to use VanityGen to generate the address and private keys.

That way you can share the private keys of each addy to one member of your family, and when they want to access the bitcoins then they can import the private keys in wallet. This way they can import the keys to almost any wallet and it would be easy for them.

If I recall correctly, VanityGen still hasn't updated its prices in the past few years. It used to be relatively cheap to use this service. However, until they update their bitcoin price to match what the market price could be paying several hundred dollars for your vanity address.

I also messaged the generator's creator asking about adjusting the prices, but he/she didn't seem too interested in this.
17  Other / Beginners & Help / My First Year on this Forum on: March 23, 2022, 09:42:57 PM
While my journey with bitcoin started back in late 2014, I recently surpassed one year of being part of this forum.

Needless to say, the many contributors to this forum were successful in changing some of my viewpoints with life and with currency.

When I had joined this forum, my wallet was stuffed with loads of ‘promising’ altcoins. Not on the level of my btc holdings, but enough that my present self wouldn’t be too pleased. Reading the various discussions of what currency is and why bitcoin IS what it is, enabled me to see through the VCapitalist garbage that is permeating the web.

This forum also gave me the blessing of perspective; What’s considered a lot to one person, could certainly be considered nothing to another, and vice versa.

I hate to namedrop, but if I had to list some of my favorite personalities on the forum, I would say: mk4, BlackHatCoiner, franky1, pooya87, LoyceV, Welsh, and NeuroticFish. All these accounts have added a considerable amount of value to my experience here.

I look forward to the following years to see what other great discussions unfold.

Thanks for a killer first year!
18  Bitcoin / Bitcoin Discussion / Re: Have you even helped anyone with bitcoin? on: March 23, 2022, 07:23:43 PM
I donated a small amount of bitcoin to Ukraine when the disaster first started taking place.

Luckily, I was not one of the folks that donated to the scam address under the guise of being a way to donate to them.
19  Bitcoin / Bitcoin Discussion / Re: Malaysian Ministry proposes cryptocurrencies as legal tender? on: March 23, 2022, 07:19:41 PM
If they are going to implement their law in the same fashion as El Salvador did, I will not be a huge fan.

Let me be clear; I love what El Salvador is trying to do, but what they did was clearly not in regard to the people's interests. In El Salvador, this was a bill that was passed in the dead of night, without the people of El Salvador knowing what was really going on.

If Malaysia intends on making bitcoin legal tender, I hope they do it in a more open and transparent way.
20  Bitcoin / Bitcoin Discussion / Re: Banning Bitcoin is Like Banning the Internet, Says Russia’s Finance Minister on: March 23, 2022, 07:15:46 PM
In some ways he is correct. I think the statement is a bit dramatic, but in essence, he is stating that banning bitcoin would be a huge blow to technological advancement. While I do agree with this, I don't think that bitcoin's impact on the world will be quite like the internet.

The internet enables people from across the world to share information in an instant. Bitcoin is a decentralized monetary network that serves to take the middle man out of fiscal exchanges.

Two different things imo.
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