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321  Economy / Economics / Re: What does being rich mean in your perspective? on: October 25, 2023, 09:27:52 PM
Back when I was still a stupid little jit I thought being rich only meant having lots of money a la scrooge, but as I got older, earned my own dime, lost jobs, earned less than minimum wage, and became a full-fledged freelancer with a sizable holding in the crypto world, I started to realize that there's levels to being rich and it doesn't just involve having "a lot of money" per se. For one, people may have a lot of money to burn, but have no savings at the same time, those I can't consider rich. To me, for you to be inherently rich, you have to have, multiple facets of savings, income streams that branch out so you don't have to worry about losing one job, as well as having assets and properties that work for you. Once you get all of this, you're comfortably rich to me.
322  Bitcoin / Bitcoin Discussion / Re: The PATRIOT Act comes to cryptocurrency on: October 25, 2023, 09:12:22 PM
https://freedom.tech/patriot-act-comes-to-cryptocurrency/

A fantastic article authored by Seth For Privacy (https://nitter.cz/sethforprivacy), who is the Head of Strategy & Marketing for Foundation Devices, known for their Passport hardware wallet.

As I've mentioned in another thread, and as Seth explains in this article, this newest piece of legislation is an outright attack on bitcoin. It is clear the US government want the only way to use bitcoin to be through fully KYCed centralized exchanges. They are trying their hardest to absorb bitcoin in to the existing fiat system and surveillance state, and destroy the very thing that bitcoin is.

What can you do about it? Get your coins off of any centralized exchange and in to your own wallet. Close your KYCed accounts and refuse to ever complete KYC again. Use privacy tools. Anonymize your coins. Refuse to use any service or product which treats bitcoin as non-fungible and discriminates against or censors certain coins. Bitcoin was not made to become an off-shoot of the fiat system, to be another tool by which the government can can surveil, censor, and control. And if you happen to live in the US, start contacting your representatives about this draconian piece of legislation.

https://bitcoiner.guide/nokyconly/
https://kycnot.me/



Spam will be deleted.
What part of "Anonymous" can these mofos in the government not understand? We've been at it for years now, these people are so concerned about "the dangers that crypto could pose in the AML integrity" that they laser-focused on regulating bitcoin instead of actually finding the time to crack down on industries where money laundering does happen (ahem, charitable organizations, carpet resellers, music industry, everything else where you can create clean money). I sometimes feel like we should just take our business elsewhere cause as long as these senile retards remain seated they will continue to do the most belligerent shit you could ever think of. There's harmony and peace with having a little anonymity, it's been like that for years now, why is it that they are pushing to do it NOW?
323  Bitcoin / Bitcoin Discussion / Re: Maybe I should have taken this risk earlier. on: October 25, 2023, 08:58:45 PM
Till now my parents are bearing the cost of my education, I have recently completed my college education and my parents wish me to complete my graduation by studying in a private university. We have a small cow farm and we have some cows in this farm out of which some months ago my father sold one cow and deposited about one and a half thousand dollars (I said the value in dollars for everyone's understanding) in the bank for my education. It will take about four to five months to get admission in the university. I didn't plan to do anything with the money I saved for my education but recently the price of bitcoin has increased by about 10 thousand dollars and seeing this increase I think that I should invest in bitcoin now instead of leaving the money in the bank for these four to five months. Although I think it's a bit late for me to invest. Maybe I should have invested when Bitcoin was 26 thousand dollars then maybe I could have made a good profit at this point but there is no point in regretting what I didn't do Of course I will think about the present now. I think the price of bitcoin can cross 40 thousand dollars so investing in bitcoin now will not be a wrong decision for me at all.
Honestly, don't beat yourself up for it. You're a college undergrad, there's very little if any expectations for you financially. You're probably going to subject yourself to student loans too, and that's a bigger problem than not being able to invest your money or something in my opinion. I say, just go for it when you already have a structured income stream so you don't experience discrepancies in investing or whatnot, cause at the end of the day in the world of investing, it's still much better to actually consistently put money towards your investment rather than pushing for the lump sum. I feel like I'm going off a tangent here, but my main thing is that you shouldn't feel so sorry that you're not able to invest money right now, you still have a lot of time, you're a kid for god's sake.
324  Bitcoin / Bitcoin Discussion / Re: How Many BTC does the Forum's Administrators Have? on: October 25, 2023, 06:32:40 AM
I think OP just tried to show the results of those address which is attached here on BitcoinTalk which may accurate But the fact we really don't know anyone's portfolio actually what amount of BTC they Hodling and accumulating.

Sometimes things looks like that they are not what they are. They also have their other sides as well.i think All of these may have thier another private address where they own their assets privatly.

Hmm, Interesting trying to figure are you defending the OP or Opposing him, as nothing is clear in your statement, as we cant get those Bitcoins even if we had gotten their information, Those who clearly take note of their asset's privacy, which is quite interesting because as OP mentioned most of the staff members holding, I think others can defiantly mention the Bitcoin address with 1K+ to 10K bitcoin holding addresses... (Just trying to explain), as on blockchain information is public, what matters is your identity and I'm sure OP cant mention their identity.

Even someone can post a full list of wallets having X number of Bitcoin using any API or filter on the Blockchain's data.. besides that OP seems like you've put a lot of effort into coming up with an idea, for the next time I would suggest finding more specific informational content. Best of Luck  Cheesy Cheesy.
Can it be that he's being tad pragmatic with what he's saying? I think that's what he's going for at least, he knows that these people might have other addresses that they use, also makes me wonder how some of these people can have less bitcoin than me lol, being an admin/moderator of the forum you put the people under the impression that you're getting paid in bitcoin or something along those lines so at some point you are going to have more bitcoin than everyone else in the forum that's not staff or mod. But whatever, coolsies I guess.
325  Other / Politics & Society / Re: Bitcoin Genesis Block. Israel and Gaza, coincidence? on: October 25, 2023, 01:17:43 AM
There's no coincidence, Israel and Gaza/Palestine conflict was start since 2006.

USA or any other countries that still use fiat as their legal tender always has a same problem which is inflation, no coincidence.

Will this war make inflation worse? depends on how big the war and how big the contribution of those country to other country. Russian invasion to Ukraine is not done yet, but Russian is top 3 country who own oil, this make oil shortage to countries which previously used to import from Russia.
Didn't their issue start 2 years after the world war 2? With Israel failing and firmly declining Palestine's right to sovereignty? It's even funny that Israel isn't even a legitimate state by conventional standards and they are the ones that are oppressing Palestine. On another discussion, I suppose the war provided that it keeps on will do some number on the economy of the countries who would participate. It's a little concerning for me that we got different countries fighting off against each other nowadays, makes me think that a world-war is going to happen soon or something.
326  Bitcoin / Bitcoin Discussion / Re: The Man Who Stole Over 51,680 Bitcoin on: October 24, 2023, 08:25:37 AM
The question is are they still holding that volume of bitcoin he stole then till now or they have sold it? Because if they are holding till date I believe that will worth something very large, but if they sold out when it was nothing then I can see this story not to be attractive because people will be glad to hear how they managed to secure it till date. I would have clicked on the video to watch but I don't like clicking on everything I come across here with my mobile rather pc will be more better, just that I am only being mindful with the kind of links I clicked here.
It was seized. All of it apparently. He couldn't hold any of his stolen bitcoin even if he wanted to, and I can only imagine him getting tracked by the FBI and other government agencies to make sure he's not dabbling in the world of crypto again so he couldn't penetrate the space once again. What you should be curious about is how the government gained jurisdiction over him given the fact that Silk Road's not even based in the US if I'm not mistaken. I was expecting interpol to cook his ass but no, it's the US government that took him in. Also a little more tame in the punishment compared to other people who committed similar crimes but got more prison time. Kind of makes me wonder what he did behind the scenes to get to this.
327  Bitcoin / Bitcoin Discussion / Re: How will it affect your life if bitcoin price comes to $1 million per bitcoin? on: October 24, 2023, 07:44:04 AM
Long time from ever happening and I might not even be alive by then but who knows? If that happens I'm going to be the first 9-digit earner in the family (at least in my local currency). I'd be able to buy and do anything I ever want comfortably I reckon without ever having to worry about my retirement anymore. As someone who comfortably lived thanks to bitcoin, the only thing that I can really concern myself about is my retirement, since I'm pretty much set to go as long as I continue working and all my savings should support me for the next 6 years or so if in any case something bad happens to (knock on wood). But yeah, retirement's going to be a cakewalk for me.
328  Bitcoin / Bitcoin Discussion / Re: If someone holds 1 bitcoin in 2023, can he call himself rich ? on: October 24, 2023, 06:53:52 AM
Depends on where you live, how hard it is to live in your country economically, and other financial factors. To some people a bitcoin is worth a million of their local currency, which makes them effectively a local millionaire, and makes their money that valuable from where they live. Coincidentally, when you live in a country like USA per se, the money is still worth something but it's definitely not enough to call yourself rich. It's all a very subjective matter when you come to think of it, and for the most part the only thing that really separates you from being a millionaire is where you live. In the Philippines that's more than a million pesos, in Iceland, that's not even worth a hundred thousand.
329  Bitcoin / Bitcoin Discussion / Re: Hey Bitcoiners Choose Simplicity Over Complex Technicalities on: October 24, 2023, 05:50:21 AM
pretty sure you wouldn't go for any of the more advanced options and disciplines even if you want to if you're a confirmed newbie in the crypto space. Most of the newbies I know will always stick to whatever's the most accessible and easy to get around, which is why electrum and hot wallets as well as exchange wallets are a staple among these newbies. Although there will be those ambitious enough to push for the more advanced side of the crypto industry and actually use air-gapped wallets or something along those lines and then wonder why their coins are inaccessible lol. It's been like that ever since.
330  Bitcoin / Bitcoin Discussion / Re: Hal Finney was not Satosi Nakamoto on: October 22, 2023, 10:38:38 PM
Whoever Satoshi actually is — if I'd like anyone to be Satoshi, it would most probably be this guy. Haven't really done a deep dive on Hal(because I find it a bit unnecessary), but I don't think i've read anything negative about him. He just sounds like an optimistic tech person.
He is. He's been the greatest guy to ever touch bitcoin except for Satoshi. Only ever seen the vision that bitcoin could bring to the people and helped with building it along with Satoshi. I couldn't even figure out how these two have met and he prolly knew something about him that everyone didn't.
None of you have any actually real clue as this is still a complete unknown, and in fact the likelihood that Satoshi was just one person is also absolutely impossible to prove. I’ve read every article ever written about this topic and there’s still no definitive way to make the call one way or another.  Who knows though, and I’m glad Satoshis identity is uknown. Way better that way.
There's definitive evidence to say that Satoshi is a singular entity, and is not a collective as what a lot of people are speculating these past few years. Account access, signatures, the way they speak in this forum and beyond, those are just some of the surefire ways you could figure out if more than one person's acting as him. In any case I would agree, I'd rather have Satoshi's identity remain a mystery until bitcoin's end times than have it be revealed sooner and cause some media sensationalisation. There's a reason why he remained hidden all this years.
331  Economy / Economics / Re: Cracking the Code of Saving Money... on: October 22, 2023, 10:17:20 PM
Here's the only surefire way you can save money in this day and age:

Allocate money for saving beforehand!

If you're going to save money, don't do the old-fashioned tactic of "saving what's left of my pay", trust me when I say that there won't be anything left of your pay, and the best way you can save money really is through preparing the money before it even reaches your hand. You also have to be prudent and disciplined, create a bank account with a time lock so you couldn't open the money no matter what. And set up a monthly schedule of when you'll be depositing the money. Do all of this accordingly and I'd bet you my bottom dollar that you'd always be able to save money no matter what.
332  Economy / Economics / Re: A dog that vomited and then ate the vomit again on: October 22, 2023, 09:54:30 PM
Pretty sure he's done this since early March of this year. Yeah he's an ass who can't admit defeat even at the face of it. he also happened to reinvest all his money from Visa and Mastercard into cryptocurrencies at the same month, did you know about that? Pretty smart if you'll ask me, but he'll definitely not admit this to the press even if his life depended on it. Don't get me wrong, the guy has been an inspiration to me and an indirect mentor thanks to his motivational quotes as well as other stuff that I've read about him, but that's as far as it goes with how I support him. I only wish he'd be more honest to the public and not gatekeep crypto as if he's not using it himself lol.
333  Bitcoin / Bitcoin Discussion / Re: Which is the best crypto exchange for P2P transactions ? on: October 22, 2023, 09:40:39 PM
Without any distinction as to which type of exchange we're talking about, I'd say the safest option out there is Binance's P2P. It's safe, secure, and you're obliged to check your wallet first before you go around selling the cryptocurrencies to the other person unlike other P2P methods. Their P2P interface is the easiest to understand out there as well. and the plethora of buyer and seller options to choose from allows every investor out there to really weigh in his choices and invest in whatever he feels the best.

334  Bitcoin / Bitcoin Discussion / Re: What do you think? Selling all or not on: October 22, 2023, 04:05:33 PM
No one's going to sell all their shit especially when the market's at an all time high. That's some massive recipe for failure if I do say so myself. Most people here will switch and find other cryptocurrencies to invest in to maximize their profit potentials, but no one's going to sell all of their crypto holdings just like that. I bet you that no one's even going to sell their bitcoin or any other crypto holding for that matter even if the bear market happens. It's just a matter of knowing the market's pulse, most of us here's on their third or fourth bitcoin halving and we've pretty much known by heart how the market behaves during situations like this so it's not like we're at a loss with what to do.
335  Bitcoin / Bitcoin Discussion / Re: Top Crypto Execs Confident SEC Will Approve Spot Bitcoin ETFs on: October 22, 2023, 03:36:19 PM
They will despite the holdoffs that they are making. They themselves said that bitcoin is not like other cryptocurrencies out there in that it's not a security. So they can pretty much allow it to be traded in the US market just like any other stock out there. They are kind of delaying this for some reason and I'm thinking it's to make sure it coincides with the halving and the subsequent bull run that it will bring, but incidentally we all got jackshit information about what's going on, and I'm pretty sure these top "crypto execs" you're talking about don't know anything about the situation either, and they're just saying this to make sure no one's losing hope on the bitcoin dream. At the end of the day approved or not bitcoin will flourish. It's not like the US is the only country in the planet after all, and with their loosening grip to the world economy it would only be time until the crypto world stops needing them.
336  Bitcoin / Bitcoin Discussion / Re: Lessons of my experience and knowledge about Bitcoin on: October 22, 2023, 03:10:42 PM
_ Attend meet up and conference, the Bitcoin community is awesome.

Though this is not necessarily bad, just be cautious that it could be a security and privacy nightmare. Probably wear a facemask and a cap, and don't go straight home after the conference/meetup, instead, go to a very public place like a mall first. Just to be sure as to prevent people from following you.

https://chainsec.io/wrench-attack
Exactly. With the advent of blockchain conventions and web3 events people have become a little too lenient about their security as if no one's just out there to get them every second of every day. Not to instill unnecessary fear among everyone but it's almost always better to just be paranoid and be safe than be overconfident and find yourself with all your cryptos stolen, or even worse in the hospital. Seen quite the commotion in some of the conventions from where I live (none are crypto-related for that matter) with most of them being health hazards and all that shit. Anywho I'm getting off a tangent here, main point is that just be safe, you don't have to be a security freak really with all that cap and face-mask stuff cause if you're in these events to create connections with people in the industry it's not going to work so well for you if they can't see your face. Just don't follow any crowd after the event, and perhaps take a detour to a mall or whatnot.
337  Bitcoin / Bitcoin Discussion / Re: "Not your keys, not your coins", What's the threshold before it fails? on: October 22, 2023, 02:33:49 PM
I wouldn't be so hasty as to attribute this answer to their "lack of awareness". Most of the time, people will choose convenience over security if they were to be given a choice between the two. This is also the reason why most people would prefer having money sent over to their exchange addresses or hot wallet addresses instead of their cold wallets. It's just way easier to transact especially if the wallet you have is more on the connectivity side of things.

I say until we get a wallet provider that offers both security and convenience, people will continue using these exchange wallets since it's just that workable having them around. The rest of us had to deal with it and continue with the not your keys not your coins narrative.
338  Economy / Economics / Re: how businesses swindle the minimum wage employee on: October 22, 2023, 02:15:26 PM
This is common business practice, people already know how much they are getting fucked over by companies and all that shit, it's all a matter of choosing which master feeds you well and ties you on a longer leash, for the most part, since most of us here are minimum wage earners let's be real here, we don't get to choose who to serve, heck if that's not the case we wouldn't be out here scrambling for job interviews. In any case, systems sucks, all that shit, but we don't get to really do anything about it cause every single one of us have mouths to feed.

I say if you're not comfortable working on site, look into freelancing, but you'll be surprised to find how messed up the entry system to that world is as well.
339  Economy / Economics / Re: Is there a formula for Bitcoin starters? on: October 22, 2023, 01:55:31 PM
I say the easiest way to invest in bitcoin is to actually allocate money to investing, instead of just investing what would be left of your monthly pay if you're employed. The thing is that most of us here are living paycheck to paycheck, and by the end of the month, we wouldn't have anything left for ourselves no matter what we do. Allocating money for investing and saving money beforehand ensures that whatever happens your investments is taken care of since you already kept funds for it prepared.

If you can't invest really, because you're in abject poverty and every dime counts, I say you find a better job first, and then from there work towards allocating money for investing. If there's a will, there's a way as the old adage goes.
340  Bitcoin / Bitcoin Discussion / Re: My first Bitcoin on: October 21, 2023, 09:22:13 PM
I managed to earn my first whole bitcoin from signature campaigns and through selling game skins/currencies. I vividly remembered that day like I was so successful — but I immediately realized that I needed more.

As for my sources for bitcoin: the signature campaign I joined, and small online businesses(not directly BTC, but I can use the fiat to buy BTC).
That was a long time ago lol. I don't see anyone ever offering bitcoin or any cryptocurrency for that matter anymore in exchange for in-game cosmetic. Even tried back then to sell some of my CS skins for bitcoin (I'd send it to them through gifting) but all that I got were people being skeptical about the validity of my offer lol. I started similarly from everyone else in this forum. Saw a bitcoin ad back when I was still big on League of Legends and from then on I found my way through this forum, eventually I got lucky enough to gather enough merit and join signature campaigns which have been the primary source of income for me when I was still a starving high-school student. It was all fun and it's a little nostalgic looking back in the days.
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