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1181  Bitcoin / Bitcoin Discussion / Re: Is bitcoin anonymous? on: September 29, 2021, 04:16:04 PM
I think anonymous is only for the founder, not for the owner, I say that because every time we trade on the exchange, and want to make a withdrawal, we are required to KYC so we as owners cannot be said to be anonymous because our data is owned by the exchange.

You can use Bitcoin anonymously or without your names attached to your coins as it's supposed to be, considering it's a public and trustless network. The anonymity can be considered a security feature if you use Bitcoin publicly or on its transparent network. Without it users with substantial amount of values/bitcoins on the public network are definitely taking serious risk
1182  Other / Off-topic / Re: Lets talk about cars. What do you dive? on: September 29, 2021, 03:44:19 PM
I don't really like small luxury vehicles that much. I actually prefer bus, capervan, horse or bicycle. I don't want properties that will be liabilities... They will need to be very useful and profitable rather than taking more from me without contributing much
1183  Other / Off-topic / Re: Online game addiction on: September 29, 2021, 03:34:24 PM
i dont know anything about the game but if its a multiplayer make an account and beat him Cheesy that will make him lose interest in the game


Spanking or corporal punishment is probably permitted especially if you are guiltless and don't deserve to be beaten too as a parent/guardian. However, I do think there are more effective ways of correcting children without violence.
1184  Bitcoin / Bitcoin Discussion / Re: El Salvador to mine bitcoin using Volcanic energy on: September 29, 2021, 03:18:46 PM
When I saw volcanic energy it reminded me of huge molten firey substance gushing out of earth in a violent manner , how do you safely convert that to energy? I guess he's talking about something less extreme like the typical geo thermal energy.

It's geothermal energy indeed. But it's the geothermal energy the one that creates that "fiery substance" too  Wink
I'm not sure how it's harvested though. If it's via hot springs it's easy. Else it's them who had to find a way to heat the water using the geothermal energy.

But from my understanding they already have power plants running on this principle, all they've done for now was to bring miners use that energy (and maybe produce some extra for those miners).



Interesting. I was wondering how they managed to build the power plant in a short time. I assumed they planned to build one specifically for Bitcoin mining when posts concerning mining in the country first appear on this forum. If they have been using geothermal plants for years, then we can atleast hope they are experienced enough to sustain this without much problem. It initially sounded like an experiment or a new thing
1185  Economy / Economics / Re: After 1 year of Covid 19 Virus on: September 29, 2021, 10:52:03 AM
Now that there is already a vaccine , could it be the end of covid- 19 virus? How are you after one year of covid-19 pandemic?

There is a saying," Behind the Clouds the Sun is still Shining".


Even theres a vaccine corona virus still there and pandemic still the problem of lots of country. For me vaccine is still not the answer to stop the pandemic in the world but by improving our life tyle make our immunity strong for us not to take the virus and stop spreading it and the most important is the movement of the Government to really stop the Coronavirus.


Ofcourse. However the virus could still get into people with strong immune system but won't be able to harm or make them sick. This doesn't mean such people should become reckless and allow loads of viruses to get into them. If their immunity is weakened, the viruses could succeed. So, they have to maintain the strong immunity and remain protected. They should try as much as possible to limit the loads of viruses getting into their body
1186  Other / Off-topic / Re: Time machine/time travel on: September 29, 2021, 10:21:35 AM
i think everybody wants that  Cheesy
if you find one even if its not cheap msg me


No one can invent such technology because humans can't travel through time as described by science fiction or science. If you hear they invented time travel tech then be sure it'll be a great deception. For example, they could recreate ancient or future societies with holograms and have decieved people visit them, or they could brainwash lots of real people to think they live in ancients or future society and get people who are also brainwashed to visit them through fake portals.

Something real that is quit similar to traveling through time would be visiting the past or future through visions. However, we can't do this by ourselves or by our own power. It's the HOLY BEINGS that will take us where they want us to be.   Before this world was created, every single activity that is currently going on in our world today was known by our CREATOR, so HE could easily show you what is yet to come in a movie like experience.

1187  Bitcoin / Bitcoin Discussion / Re: El Salvador to mine bitcoin using Volcanic energy on: September 29, 2021, 09:13:37 AM
Volcanic or geo thermal energy? When I saw volcanic energy it reminded me of huge molten firey substance gushing out of earth in a violent manner , how do you safely convert that to energy? I guess he's talking about something less extreme like the typical geo thermal energy.

Hope most miners are not concentrated there. It's better miners are distributed across the world to keep them decentralized and have an antifragile Bitcoin. Issue like this is basically why centralization is bad. I wonder how they will be able to keep the miners or power plants safe if something unpleasant happen at the location.
1188  Other / Off-topic / Re: Graphics designers deserve more on: September 28, 2021, 04:40:04 PM
well I think people should not settle for less might have less clients but atleast people will respect your rates!
The sad thing is there will be other designers that will settle for less. So these clients just keep on low balling these people because there are others that are willing to take it.

And that's why the cycle continues.

I think if a design is unique, more useful and better, people will pay more. But if it's like everyone else, they could consider it common and pay less. It should be rare and irresistible... that will create high demand and the amount they pay will be enough. Competition should encourage creators to improve on their works and be different.
1189  Alternate cryptocurrencies / Altcoin Discussion / Re: Are 51% attacks legal? on: September 28, 2021, 03:59:41 PM
It's obviously frown upon by every crypto enthusiast. You are attacking the network per se for you own good and getting incentives as result. So this alone makes it very illegal as you have said. There is no written rule because we are in a decentralise finance, no central authority. But it doesn't mean it is legal  to do this kind of attacks, in my opinion.


The rules are coded though. They don't have to written
It's more like in our World where matters work according to set rules that are not written otherwise they will behave the way they want.
There is supply rule, about 21million. There is immutablity rules, and others.
1190  Bitcoin / Bitcoin Discussion / Re: Is bitcoin anonymous? on: September 28, 2021, 03:40:08 PM
Is Bitcoin entirely anonymous? It’s common for people to say that in reality bitcoin is absolutely anonymous but are not knowledgeable enough to know that is pseudonymous . Bitcoin being pseudonymous rather than the assumed anonymous gives us an understanding that each user has a established public address. So that further tells us theoretically bitcoin address can be traced back using an IP address or an exchange account.
We should be more concerned about to what level or extent is bitcoin anonymous ?

Well, to be more precise, Bitcoin is anonymous. I don't know if it's pseudo-anonymity, but if you have bitcoins on an unmanaged wallet there's really no way for anyone to find out. Once you make a transaction, again, the same thing. But do you really care about your anonymity when using bitcoin? Many bitcoin enthusiasts just focus their money and efforts on making more money after investing. Anonymity is not their concern and neither am I. My biggest concern about bitcoin is its profit.

Pseudonym should fall under Anonymity. It's basically another form of Anonymity in my opinion.
By the way, I wouldn't say Bitcoin is Anonymous... It's like saying Japan is Anonymous. "Bitcoin" is the Name, The name is not Hidden. Bitcoin is not Anonymous. The Word Anonymous is for human beings or maybe living beings. Bitcoin is Anonymity friendly. Humans on the Network don't need to reveal their names, they are represented by their Public Addresses.
1191  Other / Off-topic / Re: Why people prefer Business over Job? on: September 28, 2021, 03:10:30 PM
because it is very rare to earn good in Job compared to Business, becoming a Millionaire is rarely to happen in job related earning but of course in business you can achieve this in proper time.

I knew it because i am a employee of course.
It will need more years to earn a lot of money from the job but at least they have a stable income monthly and they can also start a new business to have additional income. Well, maybe they can not start a new business with a big budget, but they can work hard to earn much profit someday.


Ofcourse. But many would find it hard to manage both their personal businesses and jobs at the same time . What they do could do in this case is to find honest & skilled people to manage the businesses for them while  they focus more on their jobs. I know of a gentleman on youtube who is probably contracted by lots people to set up farms and manage them for his clients. That is kind of people the job people could contract to manage their businesses for them so that they could focus their attention on their jobs.

I prefer to be self employed by the way
1192  Other / Off-topic / Re: Why do people go into prostitution? on: September 28, 2021, 10:51:46 AM
My advice is not to judge others.

Just because a women is in a job that most of us would consider degrading and wrong, it does not mean she does not have the right to be a human being. Sex workers must be respected as human beings, too. Respect is something everyone deserves.

Prostitution is hated in our society and they are often neglected in the society poverty is the main reason for this. Lacking adequate food these poor women are also employed in prostitution as they have no other job if they are properly monitored, they can be prevented if there are adequate employment opportunities.


I don't really think it's poverty, as there are high class prostitutes who have lots of money. Sexual lust is the root cause. People under its power will always try to satisfy it through various means including prostitution. They pay rewards to satisfy their sexual urge.

There are great benefit of avoiding sexual sin, and not avoiding it has serious consequences. The one who attack people with lust is aware that part of the consequences gives him edge over those controlled by lust.
1193  Bitcoin / Bitcoin Discussion / Re: Is bitcoin an asset or a currency? on: September 28, 2021, 10:26:15 AM
Ofcourse, it can be both. It's even has Coin attached to its name and it's also a CryptoCurrency.

It's doesn't really depends on the two factors you mentioned, as it's a decentralized currency and should be used peer-to-peer whether it's banned or not. The ban does not affect your right to accept it if it's a good/safe currency and if you aren't misusing or abusing it.  That is how you could also treat gold, silver or other precious metals where they are banned. Most likely they ban you from using it within their system, but you have Natural Right to use them as long as they as safe and won't be abused/misused by you
Luckily, Bitcoin Network makes it easy for society to detect abuses.
So it's better to use Bitcoin in decentralized manner, outside of the system. Abuse/misuse can be prevented or minimize with its features. That's why it's important to maintain and improve on the features rather than making bad actors difficult to detect and leaving honest users vulnerable

By the way, fiat currencies aren't really stable especially long-term. They experience volatility too
1194  Economy / Economics / Re: Where will people save money- A report by Prothomalo on: September 28, 2021, 09:46:10 AM
Is the 7.71% from long-term savings, more like fixed deposit?
Well, it depends on how long it's required for investors to lock their investments and have the 7.71% return. If you consider inflation and possibility of crisis, it may not be a good idea. It could however can be considered a fair return if it's short-term.
 I'll probably invest in good things that are likely to increase in price alot in the future especially to help increase their production, increase their supply and keep price from getting to high due to high demand. This could still benefit you in terms of returns, plus you'll have things that will help sustain you during scarcity, crisis or inflation.
1195  Alternate cryptocurrencies / Altcoin Discussion / Re: Which is easier? on: September 28, 2021, 09:10:21 AM
To those who are trading consistently, I would like to ask you based on your experience.

Which is easier in making a profit, riding with the hype, or waiting until the price will dip?

Most people say that don't buy when the market is bullish, just wait until there's a price correction and the price will dip.
So with your experience, I like to know which is more effective between the two.


In my opinion, it's OK to buy the significant dips, this should be done mostly with the intention to help support the Bitcoin Network. When price start rising again, you could decide to sell, but only if you need some money to take care of other important needs. If you have no need to sell then let your money remains in Bitcoin and acts as long-term investment.

You can also buy when price is going up, but only do this when there is a good development in Bitcoin that can increase its demand.
Remember to buy with what you can afford to risk. Don't take too much risk
1196  Other / Off-topic / Here is why the plaques are becoming common in the world. This can be proven on: September 27, 2021, 12:03:19 PM
Simple reason why plaques like earthquake, diseases, fire, flood etc are becoming common in the world is because the world is losing it elasticity, or it's no longer held together by a firm grip. As the grip is weakening, things including humans will become weak, unstable, chaotic etc. There is a firm grip holding things together, the more the grip is weakened the more things become volatile, weak, lawless, chaotic etc.

If things here is already scaring you consider the fact that it's much worse where this World is headings to. It's complete choas, disorderliness, lawlessness, etc in that world. It's a place where nothing can holds together. In that World, you could be discussing with a person and a mighty stones crash close to you, because they are kind of free radicals with nothing to hold them in one place.

As Earth shield weakens, things on earth become radicalized and expose to the world with stronger chaotic energy.

I try to avoid sounding religious here so people can relate with this better.

1197  Economy / Economics / Re: Cryptocurrency: The Future of Finance in a New World Order? on: September 27, 2021, 10:55:07 AM
The word would have never been without physical currency because since the ages human has traded physical stuff to get something. Stone, chips, food, ornaments, axes and what not. Slowly things changed to more authentic stuff like gold coins and bars, and then paper bills, bonds in today’s world. Then we moved to digital payment systems which is widely used and help us trade internationally!!

I think birth of blockchain and crypto currencies based on it is the next level of transaction. So this change has always been there and acceptance of it depends entirely on the global acquisition.
I would assume that the acceptance is a bit of a legal situation as well. It doesn't need to be a legal tender for it to be a huge deal, it could be just that governments would allow people to do whatever they want, if optionally I want to accept bitcoin as payment then government should be allowing some sort of funds to protect me for it, if they could do that then I would assume that we should be fine in the long run as well.

I assume that we should be doing something that would be profitable for all of the crypto world by accepting bitcoin in all of our business.

Right now, even people who own some bitcoins or other coins do not accept bitcoin in their business. We have millions of people who own a bit of crypto, some own a little, some own a lot but we have a little bit of crypto and do we have millions of places accepting crypto as payment? If we could do that first, if we could convince ourselves to accept crypto, then we would be great in the future as well.



It's important we or most users use Bitcoin correctly.
Better to use Bitcoin in manner that is difficult for the System to censor, Better still, use Bitcoin in Censorship Resistant manner, so the system won't use the ability they have to censor you as a bargaining chip or to fight against the network. In that way, the system won't be able to stop you when you are using Bitcoin right/morally, and that will help keep the market from extreme volatility.
If the network ignores this important things and hand power over to the system by not using Bitcoin correctly, it will be at the mercy of the system.   This includes handing control over to people who are slave to the system. Bitcoin should be used mostly in decentralized manner, and you should be worried when centralization in any form is creeping in.

1198  Economy / Economics / Re: Cryptocurrency: The Future of Finance in a New World Order? on: September 24, 2021, 04:05:44 PM
In 2009, the first cryptocurrency -Bitcoin-, officially launched and since then has continued to roll into a snowball effect that poses a serious threat to the existence of conventional finance. As much money as the restless World Central Bank, the government seems helpless and dragged into the vortex of the evolution of the world's financial system. The Covid-19 pandemic has become a catalyst for forcing the entry of all financial and banking industry sectors into the digitalization era. Imagine a concept of a world without physical currency. It is strange, but real. Money will be removed and replaced with a digital currency system.




https://www.ithb.ac.id/en/article/Cryptocurrency:-Masa-Depan-Keuangan-Tatanan-Dunia-Baru--31




Fortunately, True cryptocurrency like Bitcoin is not designed to completely eliminate physical currency, as private keys can be safely printed on things like papers and exchange with people when necessary. I however think that is possible with digital fiat if paper currencies are eliminated. They are centralized and there is no way they can be printed on physical objects and fully controlled by their owners, as far as I can tell. True Cryptocurrency won't be very suitable for the kind of New World Order a dictator would like to control. He will opt for centralized currency/currencies
1199  Bitcoin / Bitcoin Discussion / Re: Ransomware and Bitcoin on: September 24, 2021, 03:44:02 PM
I just came across an atricle where the US treasury department purpose to sanction crypto and the reason they give is that bitcoin is used for ransomware so if we stop the usuage of bitcoin, there will be no Ransomware  attacks. How ridiculous it this ?

Instead of going after the hackers, they are going after the crypto. Will the hackers stop ransonware attacks if there is no crypto ?

US Treasury Dept sanctions crypto OTC broker Suex for alleged role in facilitating transactions for ransomware attacks


I think the sanction is targeted at exchanges that accept or facilitate transactions from ransomware attackers and other dangerous crypto criminals.
Ofcourse, such criminals use digital fiats too, even with kyc and other things that are used to check them.    The transparency of True Crypto makes detecting and tracking such people/things easy. Exchanges and crypto communities need to cooperate with security agencies as long as the good crypto ideals and rights of innocent users are not violated.
1200  Alternate cryptocurrencies / Altcoin Discussion / Re: Hackers stole my $375,000 worth of NFT on: September 24, 2021, 03:15:28 PM
On Saturday hackers stole my 375,000 worth of NFTs and crypto tokens from two of my Ethereum wallet. Before I start I know how stupid I was $375k worth of stupid, I put my private keys and seed phrase in text files on my Mac's filesystem, that is a bad idea. I didn't use a hardware wallet for high value assets.

What Happened?
Hackers found  METAMASK & TRUST WALLET ETHEREUM PRIVATE KEYS on my Mac's  and use them to login to OPENSEA and sell off everything they could for WETH , then they transferred all the WETH and other tokens


Huge amount like that should've been hand with care.
People with lots of funds/assets in Crypto should try to avoid having single key for accessing their funds. They could split the funds in multiple parts and store their keys in seperate places so they don't lose everything if a thief finds part of the keys. Or they could use mutisignature feature to keep the assets decentralized and secured.
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