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401  Bitcoin / Development & Technical Discussion / Re: Is there a way to bridge out bitcoin testnet to bitcoin signet? on: February 28, 2024, 06:06:18 AM
Now that I received bitcoin testnet, I would like to bridge it or converted it to bitcoin signet instead. Is there a way to do that?
No there isn't any way to do that. Both chains and their coins have no value so there is no mechanism to "trade" them and there is no reason for it either. There are 3 or 4 faucets listed in https://en.bitcoin.it/wiki/Signet#Get_some_coins that could give out these value-less coins. Other than that, like testnet coins someone has to donate them to you.

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That is weird if not shady.
It seems like they want you to end up "locking" your bitcoins somewhere (mechanism isn't mentioned) then possibly give you some shittoken in return and call that "staking". This is not new either. Such tokens will not have a value for long.
402  Other / Politics & Society / Re: USAF airman Aaron Bushnell set himself on fire protesting US backed genocide on: February 28, 2024, 05:49:37 AM
That purpose is a matter of perspective.

We all know what the narration of Russia against Ukraine is. For instance the one that Ukraine forbid their citizens to use Russian language in the public sector in 2019. The problem was that people in the East did not know Ukrainian at all and used Russian all their lives. This was just a small example of how Ukraine wanted to remove Russian language and culture from their country. It doesn't make the attack justified, but if you asked a Russian soldier from Crimea, he'd tell you that he's protecting Russia by attacking Ukraine.
Israel is responding to an attack - that's what the soldiers are being told and why they do what they do.
Propaganda will always exist but it will not change facts and facts are not a matter or perspective nor narrative.

Russia is an invader, no matter how they are going to swing it, what their reasons are or even if the entire world agrees that their reasons were justified! They'll still be the invaders. And "defense" is not even defined for invaders.

It's the same situation in Palestine. The Zionists are the invaders and occupiers of foreign soil. They can swing it all they want, call themselves "country", have NATO back them, have US organizations such as UN recognize them as a "country" but at the end of the day they are the invaders and "defense" is not even defined for invaders.
Not to mention that bombing hospitals, directly targeting reporters to prevent the news from coming out of Gaza, murdering unarmed civilians including more than 10000 children, bombing refugee camps and tents, taking children hostage and torturing them for years, ... is not "defense" it is terrorism and genocide.
403  Economy / Economics / Re: Energy Crisis 2.0 in the New World Order era on: February 27, 2024, 03:18:31 PM
2.3) Specific to UK, all these costs are higher because UK decided to join US and London in support of genocide, declared war on Yemen that supports Palestine. That effectively turned all British vessels into legitimate targets which has not only increased all those costs but also increased shortage (nobody wants to work for UK and British or British linked ships are attacked/damaged).
Some stats are coming about regarding this situation I mentioned here:
https://www.theguardian.com/business/2024/feb/25/more-than-half-of-uk-retailers-affected-by-houthi-disruption-survey-shows
"The price of shipping a container from Asia to Europe has gone up by as much as 300% for some businesses, while logistical delays have added up to three to four weeks to delivery times, according to the survey by the British Chambers of Commerce (BCC)."

Although this is mainly about retailers and exporters but this also affects energy shipments the same way.
Also considering the fact that this war entered the third phase (first phase was verbal warning and blockade, second phase was attacks using weapons to damage vessels, third phase is using weapons to sink them) things could get worse for supporters of genocide.
404  Bitcoin / Bitcoin Discussion / Re: Why inflated countries should adopt Bitcoin to help boost their economy. on: February 27, 2024, 08:39:45 AM
I disagree.
For starters bitcoin is too volatile to act as a good hedge. It is a hedge on a small scale and for individuals, but not on a bigger scale for the whole country and its economy. You are also forgetting the bear periods where it continues going down like 2018 (price went from $20k down to $3k in a year). You can't shut down the entire country's economy because bitcoin is on a downtrend for a whole year and a massive downtrend at that (85% drop).

Additionally using bitcoin to solve economic problems including inflation is like sweeping the problem under the rug. It is not going to solve it, at best it may only alleviate it in short term before it shows itself again.
Solving such issues should start by first finding why the issue exists (like why is there inflation) then fixing that root problem. For example in a lot of cases inflation exists because the government refuses to reduce its expenses and faces a big budget deficit which then in order to solve it they print money hence create inflation! To solve this example (although I'm simplifying things) you should fix the budget, eliminate extra expenses, where money is being wasted, etc. and as budget deficit shrinks so does their money printing and consequently the inflation.

El Salvador is an excellent example for this ONLY IF it is studied correctly not based on some news titles you read. This means the economic situation of this tiny country didn't improve because they adopted bitcoin as legal tender, it started improving because a million different things their government did over the past couple of years (attracting foreign investors, improving tourism economy, fixing the budget, battling corruption, crime and gangs, etc.).
405  Economy / Economics / Re: Why no info about how serious are USA financial situation now ? on: February 27, 2024, 08:21:39 AM
[snip]
Why are you suddenly so interested in Iran's economy?
It is called Whataboutism. It's a classic propaganda tactic which is used basically when the propagandist has nothing to say about the actual subject (ie. "US financial situation") that is being discussed and has absolutely no "facts" to present in order to counter the "facts" that were raised on the actual subject so they change the subject entirely (ie. bringing up another country) and try to discuss something else. Cool
406  Economy / Economics / Re: World fight over resources don't live in country where is a lot natural resource on: February 27, 2024, 08:08:46 AM
LOL
Leave and go where? Another country where they have no natural resources and have import it?
You do realize that if war breaks out in regions with natural resources that the destination country imports, the price of it shoots to the moon and there will be scarcity. Then you'd wish you never left Cheesy

We saw a small preview of it over the past two years with multiple crisis after crisis just because there were tensions between NATO and Russia and that involved oil, gas and food.

The actual solution is to amass strength enough in the country with resources so nobody has the balls to look at you funny Wink
That's the path we chose anyway...
407  Bitcoin / Development & Technical Discussion / Re: (Ordinals) BRC-20 needs to be removed on: February 27, 2024, 06:34:33 AM
Considering how we are ~6 years after the ICO scam and it still hasn't died, there is no reason to expect the Ordinals scam and attack end without any intervention. The hype may decrease but wait until market enters big bull run phase and newcomers flood the market, and we'll see how Ordinals Attack increases again as they get fresh victims.
408  Other / Politics & Society / Re: USAF airman Aaron Bushnell set himself on fire protesting US backed genocide on: February 27, 2024, 06:28:34 AM
He knew that it's done to kill people. Soldiers kill, that's their job. A baker bakes, a nurse nurses, a soldier shoot people, throws bombs on their houses and shells them with artillery. 
It's the purpose that makes the difference.

A bullet coming out of a gun kills the target all the same. But for example the bullet coming out of the gun of a police officer targeting an armed assailant is not the same as the bullet coming out of the gun of the armed terrorist targeting children.
The officer is a hero and is celebrated while the terrorist is put down.

It's the same for soldiers and wars. You can't even begin to compare Nazi soldiers in WW2 (the invaders) with people of the invaded countries who defended their homes against the invaders.
This is what people like Aaron saw, men, women and children of an invaded country that are being slaughtered every day and their homes being occupied by a foreign invader who doesn't even belong to this continent.

I feel like this was completely unnecessary and will only hurt him because the Israelis couldn't care less about a foreigner killing himself.
The Zionists actually celebrated his death!
If you thought Nazis were bad and racist, you gotta check Zionist ideology. Afterward you'd realize Nazis crimes against humanity were nothing in comparison.
409  Other / Politics & Society / USAF airman Aaron Bushnell set himself on fire protesting US backed genocide on: February 26, 2024, 03:35:49 PM

__________________
Many of us like to ask ourselves,
What would I do if I was alive during slavery?
Or the Jim Crow South?
Or apartheid?
What would I do if my country was committing genocide?’

The answer is, you’re doing it.
Right now.

A lot of the crimes committed by the US regime has always been against the Americans. From usage of chemicals, viral and other weapons inside American soil (ever since 40's) for "testing" these weapons on Americans before deploying them elsewhere! to sending kids to fight for terrorist organizations on the other side of the planet.

Story of the 25-year old Aaron Bushnell is the later.
A United States Airforce airman who've had enough watching his country support a terrorist organization called Israel that continues committing the longest and largest genocide in human history while international organizations such as UN impotently watch it happen.

On February 25, 2024, at approximately 12:58pm local time, Aaron approached the Washington branch of this terrorist organization in the North Cleveland Park neighborhood, at 3514 International Drive, Washington, DC and livestreamed the whole thing on Twitch.
Quote
I am an active duty member of the United States Airforce. And I will no longer be complicit to genocide. I am about to engage in an extreme act of protest. But compared to what people have been experiencing in Palestine at the hands of their colonizers—it's not extreme at all. This is what our ruling class has decided will be normal.
he said as he approached the embassy, doused himself and set himself on fire.
His last words were "Free Palestine".


It's a real shame what our world has dropped down to... Cry
It's a shame to see American taxpayers money spent supporting genocide and terrorism.
It's a shame to see kids being sent to their deaths on the other side of the planet so that this terrorist organization can live on borrowed time a little bit longer.
It's a shame to see those kids who don't die come back with severe cases of PTSD after realizing what they really fought for!
It's a real big shame...
410  Bitcoin / Bitcoin Discussion / Re: Donald Trump's stance on Bitcoin is changing on: February 25, 2024, 03:57:51 PM
I seriously doubt he even knows what Bitcoin is. His advisers probably told him that it is a buzzword that could potentially get him some votes. Otherwise politicians' stance on Bitcoin, specially in US, is not going to change much. They hate it but they don't want to show it...
411  Economy / Economics / Re: Recession soon? on: February 25, 2024, 10:01:59 AM
We entered "unofficial" recession 2 years ago, technically speaking. The lay-offs is also not something new, it started about 2 years ago and the biggest lay-offs took place during the peak of the energy crisis as deindustrialization was happening.

Then as governments tried to desperately battle inflation by increasing interest rates they practically guaranteed recession. Every day interest rates remain high, recession gets deeper.

In other words we are already in recession but depending on a lot of factors, it could get worse or better. For now it is taking a turn for the worse.
412  Economy / Economics / Re: Why no info about how serious are USA financial situation now ? on: February 25, 2024, 09:53:30 AM
It is weird to see a small number of people who are still in denial specially since this is not the first time US economy is in such a catastrophic situation on the brink of another collapse.
It is even weirder to see bitcoiners in denial. I would understand other people but you'd expect those who are into something called Bitcoin that was born out of the ashes of the US economic collapse of 2008 wouldn't deny another similar situation!

At the end of the day, despite being weird this is not that surprising at all.
When we look back, this is just history repeating itself. In the years leading to the 2008 crisis, there were loads of people who denied closeness of collapse and every day that it hadn't happened yet they would have looked at the markets and numbers and said "See the banks are are fine and growing, stock market is green and booming, blah blah blah". Grin
Of course there is always others who see past the manipulated stats by these fraudulent centralized organizations.
413  Bitcoin / Bitcoin Discussion / Re: How would BTC ve further influence over the Fiats if we ain't safe with the bank on: February 25, 2024, 05:28:44 AM
Bitcoin was never meant to "replace" the existing centralized monetary system. I don't think Satoshi ever introduced it as such either. In fact from what I've seen, Bitcoin is introduced as the alternative payment system which means it exists side by side of the existing payment systems. For example we have banks, we have PayPal, we have Credit Cards, and we also have Bitcoin.

This is in compliance with the nature of Bitcoin too. Bitcoin is the "option" provided for those who care about their financial sovereignty and not everyone cares.
It's like a lot of other things in this world. For example people who care about security don't use Windows and meanwhile Linux wasn't created to "replace" Windows, it was created as that alternative option for those who care.
414  Bitcoin / Bitcoin Technical Support / Re: How do you make money on transactions with a node? on: February 25, 2024, 04:55:08 AM
That's not how Bitcoin works. You can only "earn money" if you do actual "work" and "mine" blocks with your mining equipment. Nodes do not get paid anything.

Lightning Network is different, it is a second layer built on top of Bitcoin and since there is no mining there, we have a teeny tiny fee paid to LN nodes that relay the transactions. It is not big enough to be called "profit" in my opinion.
415  Other / Beginners & Help / Re: Paying using bitcoin on: February 25, 2024, 04:37:53 AM
Is there some sort of bitcoin credit card?
They defeat the purpose, don't you think?
If you want to hand over the full control of your money to a third party that can do with it whatever they want while taking a commission from you, then why bother using Bitcoin in first place? Stick to using fiat and existing fiat credit cards!

(don't like being tracked)
Is there some sort of bitcoin credit card?
Do you also see the contradiction here?
416  Bitcoin / Bitcoin Technical Support / Re: Generate Bitcoin address from Ethereum address via Metamask on: February 25, 2024, 04:31:01 AM
Considering how the asymmetric cryptography part of Ethereum is an exact copy of Bitcoin's, there is no difference between the private and public keys. The same elliptic curve and same algorithm is used to generate them.

Keep in mind that it is never a good idea to use altcoin related tools or wallets to generate a key used for bitcoin. Your funds will be at risk.

this solution didn't result in the correct Taproot address.
Why do you think it is not the "correct" address? What are you comparing it with?
There are two different ways to generate a Taproot address from the same key and both will be "correct".

There is also generative (dot) xyz, but this also returns another BTC address.
Scammers that are using an exploit in the protocol to perform an attack on it do not care about correctness so I wouldn't use any Ordinals Attack related services as a reference.
417  Bitcoin / Development & Technical Discussion / Re: Is there any recovery tool similar to iancoleman for electrum seed version? on: February 24, 2024, 05:30:34 PM
I'm doing some tests, and to complete my tests, I need a tool similar to iancoleman to generate p2tr addresses.
If your tests are from anything after the mnemonic to BIP32 seed conversion (like generating P2TR addresses at a certain derivation path) you can skip that step and still use the same iancoleman tool by simply using the xprv key that Electrum generates from your "test seed".

Try the "getmasterprivate()" command in your Electrum console to get the xprv then enter that in https://iancoleman.io/bip39/ where it says "BIP32 Root Key".
418  Other / Beginners & Help / Re: What was your first cryptocurrency? Come share your story! on: February 24, 2024, 09:49:37 AM
Normally people always find out about Bitcoin and that's the first thing they acquire too. Then they find out about shitcoins and a smaller percentage of them fall for them and end up buying. That's because altcoins don't have enough "bling" to attract newcomers, but they can be attracted if they know about Bitcoin and then the advertisers fool them into thinking their shitcoin is on the same path and is in early stages (so they can get in early and make a big profit).

Take big shitcoins for example.
You can't tell a newbie there is this cryptocurrency called XRP that is completely centralized and the company decides the supply, can seize your money and freeze your account, and has no usages. Come up and buy it!!!
Or you can't tell them there is this other cryptocurrency called ETH that has a massive premine and is centralized where the company decides to roll back block and you may lose your money that way. It also has no usage but to create scam projects known as "tokens".
and so on.
These things don't interest anyone who doesn't already know about cryptocurrencies (ie doesn't know about Bitcoin).

But someone who already knows about Bitcoin, has seen the rise and the potential, knows the utility Bitcoin offers as the only existing decentralized money, etc. can be fooled into thinking shitcoins like XRP, ETH, BNB, SOL, DOGE, ... are "useful" with potential of making a lot of profit.
419  Economy / Speculation / Re: Is the Bull Charging or Just Warming Up Post-Halving? on: February 24, 2024, 08:11:55 AM
It is the later that can lead to the former Smiley

That's what all the previous bubble cycles have been like. First the upward momentum begins and it is small at the beginning, like a "warmup". Slowly but surely it grows and when it breaks certain resistances (eg. $40k) the momentum becomes stronger. When it sets a new ATH and breaks bigger resistances (eg. $70k) it turns into a much bigger momentum leading to bigger rises.
Finally at the very end, we see a massive rise in a short time like going 2x in less than a month in 2017 (from ~$9k to $20k) which is where the bubble is formed (ie $500k this time IMO).
420  Economy / Economics / Re: My top 3 picks for up coming crash on: February 24, 2024, 07:21:25 AM
Everything what's not traded in exchangers are dangerous assets to hold.
Why? Is it because they're pumping it these days or because you can dump/liquidate them easier?
That's a plus but not a big one. When the crash comes, they too will dump and no matter how quick you are, there is a high chance of big loss.

Quote
Im expecting the crash will start in few months.
You should explain why a few months and be more specific (how many months). We all know the chances of a catastrophic crash has gone up but it is not possible to predict it like this.

BTW you forgot about the "tech sector", they're always the ones to take a big hit during economic hardship.

Here in the US.

Consumer debt is at an all time high, defaults are increasing on vehicles and credit cards. Repos are up.

Official statistics say otherwise  Wink

(hope you recognize the sarcasm)
Sarcasm is difficult to be relayed in text form.

In any case, this increased number of defaults and debt rising is what I predicted more than a year ago. This is the consequence of inflation and recession caused by high energy prices + government spending and the high interest rates respectively. Things are going to get worse as long as these two issues persist
https://www.cnbc.com/2024/02/06/credit-card-delinquencies-surged-in-2023-indicating-financial-stress-new-york-fed-says.html

Voting is not gonna change a thing because in US you can't change the "regime" by voting, you just change the puppet president specially when they're forced to choose between senile old men Wink
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