Polar91
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I also have think that storing my cryptocurrency for my grandchild would be a great idea because it might have a good value in the future, but i also started to think that if i store it in my online wallet it could get hacked in the future. Thanks to Federico Tenga, he gaves me an idea how to store my crypto in the future generations, since every devices always upgrades you need to make a device that can also be compatible in the future.
You know what's good with that idea? It is the capability of you to export the private keys if you want it to, so the compatibility issues could be solved in the near future. Though, I do not think the USB port and some compatibility issue could be a problem anytime soon, because I assume this is already the standard in having connection between external drive and the computers we have. Though presenting allot of converters do really help our drives to be usable in the future.
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shoreno
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January 05, 2020, 08:06:40 AM Merited by fillippone (2) |
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I do not think the USB port and some compatibility issue could be a problem anytime soon, because I assume this is already the standard in having connection between external drive and the computers we have.
i also think this way . usb's were already handy and perfect to store some data's including our private keys but there are still other device that can carry our private keys . though i believe that investors wont stop to invent portable stuff's and they could invent something that is smaller than a usb and micro sd's but still there would be adapter available so that we can still use our old devices . kudos to the man that do those said task . hope he update us here in the near future .
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Assface16678
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January 05, 2020, 12:30:49 PM |
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I do not think the USB port and some compatibility issue could be a problem anytime soon, because I assume this is already the standard in having connection between external drive and the computers we have.
i also think this way . usb's were already handy and perfect to store some data's including our private keys but there are still other device that can carry our private keys . though i believe that investors wont stop to invent portable stuff's and they could invent something that is smaller than a usb and micro sd's but still there would be adapter available so that we can still use our old devices . kudos to the man that do those said task . hope he update us here in the near future . It is good that we are trying to gift the satoshi for the next generation because we all know that the price of the bitcoin just like nothing but by the time goes by the amount of the coin increasing rapidly and becomes profitable like now. It is not impossible may happen again and to make sure the future of the next generation that we will pass the satoshi to them. We cannot tell what is happening on the market, or it will continuously give a profitable income until the next generations. But still, if the people consistently support the cryptocurrency, it will last long forever.
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Lauren Smith
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January 20, 2020, 07:40:56 PM Merited by fillippone (2) |
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I think this is a better idea then wasting it on collage People often forget about their kids future because they simply trying to survive but if you don't save for your kids very early on then you may never. The fact you can create a crypto bond is very cool and ensures a trustless way to keep the bond intact until the date it releases. It would just suck if you cannot get the coins out and need to since the price is good. Im is unsure what you would do in that situtation.
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twiki
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January 27, 2022, 01:10:40 AM |
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He has an (inactive) account here on Bitcointalk, maybe if you have enough comment we can summon him back to the forum!
May I know the username?
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virasog
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Leading Crypto Sports Betting & Casino Platform
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January 27, 2022, 05:43:00 AM |
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I do not think the USB port and some compatibility issue could be a problem anytime soon, because I assume this is already the standard in having connection between external drive and the computers we have.
i also think this way . usb's were already handy and perfect to store some data's including our private keys but there are still other device that can carry our private keys . though i believe that investors wont stop to invent portable stuff's and they could invent something that is smaller than a usb and micro sd's but still there would be adapter available so that we can still use our old devices . kudos to the man that do those said task . hope he update us here in the near future . If you store the private in the USB, make sure you do things. 1) Store your private keys in two different USB and store them at a different place. This is for the purpose that if one USB got corrupted, you would have a backup. 2)Do not store any other data on that usb and do not use it for your daily tasks When you gift some satoshi to the younger generation, give them the USB and keep them saved in a locker where they can be accessed by everyone.
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fillippone (OP)
Legendary
Online
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January 27, 2022, 07:13:16 AM |
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He has an (inactive) account here on Bitcointalk, maybe if you have enough comment we can summon him back to the forum!
May I know the username? He answered in the thread:
Hello, the author of the article here.
As far as I know Federico is not really active here, but you can try to summon him. Maybe he will be notified somehow. Even more if the question is relevant!
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JayJuanGee
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Self-Custody is a right. Say no to"Non-custodial"
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August 30, 2023, 05:46:34 AM |
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Initially, I was notified of this thread in a DdmrDdmr thread dealing with dying with your coins, and so in my post in a more recently created thread about transferring your wealth in light of attempting to prepare for death, I mentioned that I was planning to go through this thread, and so here i am. I finally read through the thread, and it ended up being different from my initial expectations. Maybe if some of you might have heard Saylor suggest that there might be some consideration in terms of dying with your coins in order to thereby pass all of your coins on to the then existing bitcoin holders by making the bitcoin more scarce, and so I was thinking about this thread in that light - even though I ended up being quite wrong. I got the sense that there was a bit of promotion of the cryptosteel idea, and some skepticisms regarding having too much reliance on technology and so a lot of that makes sense, as well as having back-ups and maybe no single point of vulnerability - which could even become problematic if you fail/refuse to tell anyone about your coins and so are they going to recognize the value of some piece of paper or even a piece of metal with some words on it, if they have not been given a certain amount of instruction. As far as I know that is not even possible. There is some checksum that it needs to pass. It is possible. You could pick the first 23 words, convert them to binary, calculate the checksum, add that to the end, and the convert back to get your 24th word. You would be able to choose from 8 different final words by changing the last 3 bits before the checksum. You absolutely shouldn't do this though. I just meant create a wallet, look at the seed, see if you can make a song or book out of the words, if not, delete and create another wallet until you find one that works. Ok, sure. But how obvious is that going to be to someone else who stumbles across it or hears you repeat it out loud? The example you've given is fairly innocuous, but seed phrases are not like that. Go to https://iancoleman.io/bip39/ and get it to generate a few random 24 word phrases for you. Anyone who knows what BIP39 is, and hears a line or two of a story about a trumpet playing alien, an elegant scorpion or a drastic auction is going to know something is up. To hide a full 24 word seed in a story without it being blatantly obvious you are going to have to write at least several pages, at which point it isn't memorable, and so you should just have written it down on some physical storage like is recommended. Furthermore, you are essentially relying on security through obscurity, which is not safe. I had initially merited adaseb's earlier post in this thread in which he mentioned the creation of some kind of song or poem or story, and even though I kind of thought of it as a bit dumb and complicated and vulnerable for some the reasons that o_e_l_e_o pointed out, o_e_l_e_o's post also reminded me of one of my cumbersome ways that I had travelled with a wallet at various times between 2018 and 2022, and even though I had some back ups in other places, I wanted to have access to that wallet on my various electronic devices including my couple of phones and a couple of computers that I had been traveling with in case any of them got taken I had that story that I had created on each of the electronic devices.. .. and I did not ever need to use it in any kind of an emergency situation, but there were several times that I had tried to go through and to figure out the key (and it was a 24 word key) from the story and the formula that I had created in order to identify the words, and I frequently got confused. But surely it was not easy to put together a story from those 24 words without it coming off as kind of weird and awkward and to still fit into a kind of way that I could figure out which were the words and what were their order. It was some point in 2022 that I had come to a conclusion that the wallet was overly vulnerable, so I had zeroed out the balance of whatever funds were remaining in it.. but I did not quite come to the conclusion that the way that I had written the story was overly vulnerable. even though it was a bit of an awkward kind of a story and perhaps if the awkwardness of the story is identified, and then there might be a bit of an expectation that the 3000 words or whatever it was would have had been part of a 24 word seed, then maybe there could have had been some kind of algorithmic attempt to figure out the words - but at the same time, i sort of split them up into a few parts so all of it was not within the same story... so yeah, maybe I was more vulnerable than I thought, but it was likely one of those kinds of ways of storing private back up keys that was so complicated that if it was the ONLY way that I had to get at my wallet, then maybe I would have had ended up losing the wallet... For me it was ONLY a kind of back up way of getting at those words while I was traveling at various points in time and even if I no longer had my hardware wallet, I could go buy one and then plug the 24 words into it at some remote location.. if needed. and to have enough funds to to take care of quite a few possible emergency situations that could come about and have some ability to be accomplished through bitcoin. I also have think that storing my cryptocurrency for my grandchild would be a great idea because it might have a good value in the future, but i also started to think that if i store it in my online wallet it could get hacked in the future. Thanks to Federico Tenga, he gaves me an idea how to store my crypto in the future generations, since every devices always upgrades you need to make a device that can also be compatible in the future.
This is especially true when you know that BTC is a deflationary currency, that as long as it will exist will gain value towards fiat, which is inflationary. You can buy just 0.1 BTC now, which isn't a lot of money, and bet on it surviving another 10 years. If it does, I'm 100% sure it's going to be worth at least 1000% more than it is today. If it doesn't, then you'll lose $700. No new TV for you my friend, you'll spend more time with your family ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) A fair trade if you ask me. I agree with your overall sentiment coolcoinz, but your 100% certainty of a 10x price increase in 10 years is quite striking, even if you might end up being correct. I do like the idea that you paint though - because several of the posters in this thread stated that we don't really know what bitcoin is going to do so anything can happen, blah blah blah.. bitcoin might go up and it might go down and its a coin toss.. and surely that is bullshit on the other side that could cause someone to either not invest into bitcoin or to engage in various kinds of trading or selling along the way or even taking unnecessary risks because "no one knows if bitcoin is going to be valuable" in 18-20 years. I think that the point that you clearly are making, whether we talk about buying 0.1 BTC of a $7k bitcoin (which would be $700) in early 2020 versus buying 0.05 BTC right now of a $28k bitcoin, which would be $1,400, we still likely have good chances of being way up on our bitcoin 10 years, 20 years and/or 30 years down the road as compared with other places that we might have invested that same amount of value and just sat upon it. We don't even necessarily need to get 10x in the next 10 years or even 5x in the next 10 years and 2.5x in the following 10 years and 1.25 x in the following 10 years, even though maybe i am understanding the asymmetric nature of the bet and the seeming decent likelihood that bitcoin is at least likely to keep up with inflation and surpass it in value, but like you mentioned, even if you end up being wrong, the most you are out is $700 in your case and $1,400 in my revised case of purchasing ONLY 0.05 BTC. So a similar thing ends up being true in regards to if we might be passing down value, yet we cannot be really sure if the value is going to be up or down, but we still might presume that whatever value that we choose to put into bitcoin today that we have decently good chances that it will remain a good asymmetric bet, and it may well not even be true that we are locked into having to keep the value in bitcoin for 18-20 years or that we have locked ourselves out of the value (like a timelock) because there is nothing in the OP that presents the topic in that way, and probably any kind of safe, prudent, practicable and reasonable approach would include some kind of ongoing checking on the functionality of the keys from time to time. .. and surely people likely do get lazy in some of these kinds of matters and maybe wait too long before doing some kind of a prudent check of the ongoing functioning of the keys or maybe if these ways of checking would vary depending on what might have had been our storage mechanism...and/or the back ups.
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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fruktik
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August 30, 2023, 06:02:28 AM |
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It is good that we are trying to gift the satoshi for the next generation because we all know that the price of the bitcoin just like nothing but by the time goes by the amount of the coin increasing rapidly and becomes profitable like now. It is not impossible may happen again and to make sure the future of the next generation that we will pass the satoshi to them. We cannot tell what is happening on the market, or it will continuously give a profitable income until the next generations. But still, if the people consistently support the cryptocurrency, it will last long forever.
And you do not take into account the fact that a sufficiently large number of coins are lost without the possibility of returning them. Do you think this process can be stopped? No, it's not. Therefore, this process continues and will be in the future. It’s even hard to imagine, but it’s impossible to exclude everything at the moment that a large investment company, as a result of some force majeure circumstances, will lose access to a huge number of coins. This is in place. This happened more than once. We see that the coins are being mined, but the value is not growing proportionally. Something is wrong here. And what? Most likely, a speculative component, but this is not the point. Are there options for transferring crypto after death? The question is, of course, rhetorical. It's just a matter of choosing a method. How to present it to those people who have never dealt with all this and know nothing?
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o_e_l_e_o
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August 30, 2023, 06:09:53 AM Merited by JayJuanGee (1) |
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I had initially merited adaseb's earlier post in this thread in which he mentioned the creation of some kind of song or poem or story, and even though I kind of thought of it as a bit dumb and complicated and vulnerable for some the reasons that o_e_l_e_o pointed out, o_e_l_e_o's post also reminded me of one of my cumbersome ways that I had travelled with a wallet at various times between 2018 and 2022 It's a common problem with all self created schemes or ideas like this one. It seems obvious to you at the time, but skip forward a few weeks or months without thinking about it and you simply forget the intricacies of what you've done and make it very difficult to recover. To add to what I said on that old post you quoted - not only do you have to shoehorn your 24 words in to an awkward sounding story, but you'll also need to make sure none of the other 2048 commonly used words from the BIP39 word list are in your story. No point having a story which contains 100 words from the wordlist and being unable to remember which are the important 24 words. If you need to carry a wallet with you, then a hardware wallet is the best solution for this. If you need to hide the fact you are carrying a wallet with you, then I would likely encrypt it inside a hidden volume which could be decrypted if forced to reveal some dummy sensitive data.
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dothebeats
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August 30, 2023, 07:25:40 AM Merited by JayJuanGee (1) |
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If bitcoin is still relevant and good in 20-30 years then this is a good idea. Not only will it be a very useful gift for kids in the future so they can have a boost for their financial needs, but it will also be a good introduction to the world of Bitcoin and cryptocurrency as they have something to start with. However, using flash drives, USB, and other hardware can be pretty difficult for the future generation to use as I am sure other hardware storage will be developed and the hardware that we use now will be phased out or will be replaced, the ports will be replaced as well, making it difficult for them to use and access the satoshis we gifted them with. Hence, I think using a paper wallet will be better, as long as it is stored properly and it can be guaranteed that only the kid will be able to access it once they are of the right age. For anyone who wants to know more about paper wallets or for those who are not familiar with them, here is a post by Jake Frenkenfield about paper wallets and everything there is to know about them: https://www.investopedia.com/terms/p/paper-wallet.asp
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KiaKia
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August 30, 2023, 02:25:49 PM Merited by JayJuanGee (1) |
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I am an oldie, a baby boomer actually and that is why I am more passionate about this technology than even some of the younger people who are kind of taking it too much for granted. I wish we had this tech breakthrough when I was young, my whole life could have been so different. It's an exciting time to be alive and this is also my plan. To leave different amounts of Bitcoin in wallets for all the babies and children in my family and also for others as well, and trying to educate more members of my family to hold and even use Bitcoin. My goal is to get Bitcoin knowledge and satoshi to at least 500 people before I leave this planet, then I won't feel my life here as being a waste. Knowledge and self-worth are the two great gifts we can give future generations and also the satoshis of course. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Thanks for being willing to introduce bitcoin to a certain number of people before you leave Mother Earth, I have almost gave up on introducing Bitcoin to people, illiteracy in my country have blindfolded many people around me, but a simple plumber who restores my water pipe issue brings back my lost zeal, he accepted bitcoin as payment and that got me good. It's a shame that the majority of family members want to compete, they hope I fail and they want to be the last man standing, while I don't want to compete with any of them I just decided to leave them be, I mean, Bitcoin isn't something we can force on certain people, it's not because they won't understand, but their compete habit won't let them learn, after all what do I know? The Lord is your strength @qiwoman2, my advice is we can't force Bitcoin on them, but we can always do our best and leave the rest, Bitcoin will survive, and many unborn babies will benefit, it will be a good view watching from the other side too but I pray we live longer to at least experience how things will unfold for Bitcoin. Cheers.
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JayJuanGee
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August 30, 2023, 08:06:47 PM |
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I had initially merited adaseb's earlier post in this thread in which he mentioned the creation of some kind of song or poem or story, and even though I kind of thought of it as a bit dumb and complicated and vulnerable for some the reasons that o_e_l_e_o pointed out, o_e_l_e_o's post also reminded me of one of my cumbersome ways that I had travelled with a wallet at various times between 2018 and 2022 It's a common problem with all self created schemes or ideas like this one. It seems obvious to you at the time, but skip forward a few weeks or months without thinking about it and you simply forget the intricacies of what you've done and make it very difficult to recover. To add to what I said on that old post you quoted - not only do you have to shoehorn your 24 words in to an awkward sounding story, but you'll also need to make sure none of the other 2048 commonly used words from the BIP39 word list are in your story. No point having a story which contains 100 words from the wordlist and being unable to remember which are the important 24 words. You seem to be one step of where I was when I created my scheme and one step ahead of where I plan to go. I had a way of identifying the words, but there were likely hundreds of words in the story that were also potential BIP39 words because I did not engage in any kind of elimination - since I considered my other ways of identifying the words to be sufficiently good (even though prone to errors including memory errors like we have both acknowledged). If you need to carry a wallet with you, then a hardware wallet is the best solution for this. If you need to hide the fact you are carrying a wallet with you, then I would likely encrypt it inside a hidden volume which could be decrypted if forced to reveal some dummy sensitive data.
Much of that time, especially if I was on a longer trip, I would already be traveling with one or two hardware wallets, and I think that my system was not so great, but those wallets tended to have other seeds on them. .. so the balances would not be more than a few thousand dollars if I was passing over borders.. but if you remember our price rises in late 2020 to early 2021 and then again in late 2021.. the 2020 value had kind of far exceeded what I had considered to be prudent limits since we largely went from around $8k to $64k in that first run.. .. so even something like $2k would have turned into close to $16k.. so some actions might have had been prudent, if there might have been times in there might have been a crossing of a border or something like that. By the way, I have found the use of the extra passwords (25th word) and abilities to have multiple other wallet portals through the use of such 25 words to be a very interesting and helpful feature, and sure I am not as familiar with the use of the brick pin or some other ways in which the technology and the various practices/use cases are continuing to develop. Sometimes I like to see something in play for a while before I start to try to use it myself, and the 25th word kind of scared me until I started using it.. the same was true in 2017 when I moved a large quantity of my BTC off of various exchanges in order to minimize my exposure in that regard... once you put some of the self-custodial matters or even some of the tricks into practice, they become more familiar and even start to seem like they can be adopted in ways to bring higher levels of confidence.. but surely not without some of the own risks of forgetting your 25th word for example (or even making it too easy, as another example).
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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Fatunad
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August 30, 2023, 08:15:58 PM |
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I am an oldie, a baby boomer actually and that is why I am more passionate about this technology than even some of the younger people who are kind of taking it too much for granted. I wish we had this tech breakthrough when I was young, my whole life could have been so different. It's an exciting time to be alive and this is also my plan. To leave different amounts of Bitcoin in wallets for all the babies and children in my family and also for others as well, and trying to educate more members of my family to hold and even use Bitcoin. My goal is to get Bitcoin knowledge and satoshi to at least 500 people before I leave this planet, then I won't feel my life here as being a waste. Knowledge and self-worth are the two great gifts we can give future generations and also the satoshis of course. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Thanks for being willing to introduce bitcoin to a certain number of people before you leave Mother Earth, I have almost gave up on introducing Bitcoin to people, illiteracy in my country have blindfolded many people around me, but a simple plumber who restores my water pipe issue brings back my lost zeal, he accepted bitcoin as payment and that got me good. It's a shame that the majority of family members want to compete, they hope I fail and they want to be the last man standing, while I don't want to compete with any of them I just decided to leave them be, I mean, Bitcoin isn't something we can force on certain people, it's not because they won't understand, but their compete habit won't let them learn, after all what do I know? The Lord is your strength @qiwoman2, my advice is we can't force Bitcoin on them, but we can always do our best and leave the rest, Bitcoin will survive, and many unborn babies will benefit, it will be a good view watching from the other side too but I pray we live longer to at least experience how things will unfold for Bitcoin. Cheers. This is what makes me really stop on telling people around me about Bitcoin on which it would really be turning out that im a bad guy on introducing things that really looks like an alien to them on which it would really be just that ending up that you are really that tending to hook them on something dangerous which it do really sucks on having that kind of feeling on which our intents arent really supposed to be that way but it turns out that we are really that tending them to put people in harm which is really that totally the opposite.This is why i have decided that its better to be silent and would really be minding my own business and would really be continuing on what im doing in terms of accumulation. Im just letting that recognition and adoption to have its move since its something that cant be stopped. The thing that i dont really like is that im getting blamed on something which i havent done and having those kind of regrets and bashes that i shouldnt have introduced something to them which it did really result in losing money. Just let those youngster do able to learn up things neither by other sources or methods or paths.It would depend on a certain person if they would tend to fasten it up at least even on the smallest scale or type of introduction.
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Smartvirus
Legendary
Offline
Activity: 1540
Merit: 1139
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 30, 2023, 09:01:56 PM |
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He answered in the thread: Hello, the author of the article here.
As far as I know Federico is not really active here, but you can try to summon him. Maybe he will be notified somehow. Even more if the question is relevant! Not really is the word as I could see that he posted once this year as far back as February but has been gone since then, perhaps follows tbe forum passively as a guest. Yet again, it was a carefully thought through plan that had a the right considerations and the course of execution is maintained in the hands of the parent or guardian of the child. Let's hope they don't try to be funny with it by accessing it themselves before the expected 18year time frame on any course. It's no new news that the course to bitcoin and its keywords seed phrase safety have been met with several views on what could be considered best and somehow, we could only hope but, the fast pace at which technology continues to advance from micro to nano and now simbless devices are been produced, 18years seems like a far distant time for the establishment of gaps between today existing innovations but then, it wouldn't much on the importation of wallets so, I still see the move to be potent.
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panganib999
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 30, 2023, 09:08:47 PM |
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I found this quote from the article to be particularly interesting: If, for example, someone received today a floppy disk or a Sony minidisk from the ’90s, it would be very hard to find a device able to read it now. It is likely that the same problem will happen with USB sticks, so using a hardware wallet from 2019 may end up requiring multiple adapters to bridge between different communication standards. And it made me wonder whether in 18 years, when the gift recipient has grown up, bitcoin will be as popular or as relevant. It's a technology that might not age well in that amount of time--and I don't get the feeling that it's going to disappear or anything like that, but you wouldn't expect USB drives to disappear either. People expect long-term growth from bitcoin, but the truth of the matter is that none of us knows what's going to happen in crypto. Having said that, I think it's a fantastic idea to put aside some satoshis or whatever amount of bitcoin would be appropriate for a newborn. It's a cool gift if nothing else. I've had the same reservations too. Part of me believes that bitcoin would endure and would remain relevant for years to come, but on the other hand I can't help but be pessimistic/realistic about the tenure of things and think that something else will surely take its place in the future, if not a whole paradigm shift of cryptocurrency and decentralized finance. Tools utilization is another thing as well, but with the trend that things are going to I think we'd still be able to use USB sticks with future computers, just bear in mind the fact that even though nobody uses those goddamned mouse and keyboard adapters anymore, computer companies still leave them up for some reason. I believe that if things go well and we don't kill ourselves with war, at least enough for us to see how things will go through in the future, we'd still be able to use regular old USB sticks, so trezor wallets are still relevant and all that.
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Blitzboy
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2023, 11:24:58 AM Merited by JayJuanGee (1) |
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I am an oldie, a baby boomer actually and that is why I am more passionate about this technology than even some of the younger people who are kind of taking it too much for granted. I wish we had this tech breakthrough when I was young, my whole life could have been so different. It's an exciting time to be alive and this is also my plan. To leave different amounts of Bitcoin in wallets for all the babies and children in my family and also for others as well, and trying to educate more members of my family to hold and even use Bitcoin. My goal is to get Bitcoin knowledge and satoshi to at least 500 people before I leave this planet, then I won't feel my life here as being a waste. Knowledge and self-worth are the two great gifts we can give future generations and also the satoshis of course. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Thanks for being willing to introduce bitcoin to a certain number of people before you leave Mother Earth, I have almost gave up on introducing Bitcoin to people, illiteracy in my country have blindfolded many people around me, but a simple plumber who restores my water pipe issue brings back my lost zeal, he accepted bitcoin as payment and that got me good. It's a shame that the majority of family members want to compete, they hope I fail and they want to be the last man standing, while I don't want to compete with any of them I just decided to leave them be, I mean, Bitcoin isn't something we can force on certain people, it's not because they won't understand, but their compete habit won't let them learn, after all what do I know? The Lord is your strength @qiwoman2, my advice is we can't force Bitcoin on them, but we can always do our best and leave the rest, Bitcoin will survive, and many unborn babies will benefit, it will be a good view watching from the other side too but I pray we live longer to at least experience how things will unfold for Bitcoin. Cheers. This is what makes me really stop on telling people around me about Bitcoin on which it would really be turning out that im a bad guy on introducing things that really looks like an alien to them on which it would really be just that ending up that you are really that tending to hook them on something dangerous which it do really sucks on having that kind of feeling on which our intents arent really supposed to be that way but it turns out that we are really that tending them to put people in harm which is really that totally the opposite.This is why i have decided that its better to be silent and would really be minding my own business and would really be continuing on what im doing in terms of accumulation. Im just letting that recognition and adoption to have its move since its something that cant be stopped. The thing that i dont really like is that im getting blamed on something which i havent done and having those kind of regrets and bashes that i shouldnt have introduced something to them which it did really result in losing money. Just let those youngster do able to learn up things neither by other sources or methods or paths.It would depend on a certain person if they would tend to fasten it up at least even on the smallest scale or type of introduction. if we're being honest, you're not to blame for people's inability to do their own research. If you introduce them to Bitcoin, and they make rash decisions without understanding the intricacies, thats on them. Its like giving someone a car; if they choose to drive recklessly without understanding the rules, who's at fault? Introducing someone to a new concept doesnt make you a villain; it makes you a visionary. And for those who bash you for their losses, remind them that the stock market isnt a guaranteed win either. People lose money there every day. Its high time they take accountability for their decisions and stop scapegoating others. You're on the right path by minding your business. Let the naysayers wallow in their self-pity. The world needs more educators and less blame gamers.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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JayJuanGee
Legendary
Offline
Activity: 3822
Merit: 10729
Self-Custody is a right. Say no to"Non-custodial"
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 31, 2023, 04:44:59 PM |
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I am an oldie, a baby boomer actually and that is why I am more passionate about this technology than even some of the younger people who are kind of taking it too much for granted. I wish we had this tech breakthrough when I was young, my whole life could have been so different. It's an exciting time to be alive and this is also my plan. To leave different amounts of Bitcoin in wallets for all the babies and children in my family and also for others as well, and trying to educate more members of my family to hold and even use Bitcoin. My goal is to get Bitcoin knowledge and satoshi to at least 500 people before I leave this planet, then I won't feel my life here as being a waste. Knowledge and self-worth are the two great gifts we can give future generations and also the satoshis of course. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Thanks for being willing to introduce bitcoin to a certain number of people before you leave Mother Earth, I have almost gave up on introducing Bitcoin to people, illiteracy in my country have blindfolded many people around me, but a simple plumber who restores my water pipe issue brings back my lost zeal, he accepted bitcoin as payment and that got me good. It's a shame that the majority of family members want to compete, they hope I fail and they want to be the last man standing, while I don't want to compete with any of them I just decided to leave them be, I mean, Bitcoin isn't something we can force on certain people, it's not because they won't understand, but their compete habit won't let them learn, after all what do I know? The Lord is your strength @qiwoman2, my advice is we can't force Bitcoin on them, but we can always do our best and leave the rest, Bitcoin will survive, and many unborn babies will benefit, it will be a good view watching from the other side too but I pray we live longer to at least experience how things will unfold for Bitcoin. Cheers. This is what makes me really stop on telling people around me about Bitcoin on which it would really be turning out that im a bad guy on introducing things that really looks like an alien to them on which it would really be just that ending up that you are really that tending to hook them on something dangerous which it do really sucks on having that kind of feeling on which our intents arent really supposed to be that way but it turns out that we are really that tending them to put people in harm which is really that totally the opposite.This is why i have decided that its better to be silent and would really be minding my own business and would really be continuing on what im doing in terms of accumulation. Im just letting that recognition and adoption to have its move since its something that cant be stopped. The thing that i dont really like is that im getting blamed on something which i havent done and having those kind of regrets and bashes that i shouldnt have introduced something to them which it did really result in losing money. Just let those youngster do able to learn up things neither by other sources or methods or paths.It would depend on a certain person if they would tend to fasten it up at least even on the smallest scale or type of introduction. if we're being honest, you're not to blame for people's inability to do their own research. If you introduce them to Bitcoin, and they make rash decisions without understanding the intricacies, thats on them. Its like giving someone a car; if they choose to drive recklessly without understanding the rules, who's at fault? Introducing someone to a new concept doesnt make you a villain; it makes you a visionary. And for those who bash you for their losses, remind them that the stock market isnt a guaranteed win either. People lose money there every day. Its high time they take accountability for their decisions and stop scapegoating others. You're on the right path by minding your business. Let the naysayers wallow in their self-pity. The world needs more educators and less blame gamers. There is some truth in what you are saying Blitzboy, and frequently I find myself telling people about bitcoin while at the same time suggesting that they don't come crying to me if they lose money on it or they fuck something up, and frequently people see my approach as NOT sufficiently advocating for what I am saying that they do because I am not standing behind it sufficiently enough... and yeah there is ONLY so much that any of us can do (including letting people know that they are responsible for their own decisions, including not deciding and not acting), and maybe sometimes we do end up getting more raveled into helping someone (and holding their hands) in way too many ways, and it can be a difficult balance because some people actually need some hand-holding in order to really get started enough and to a far enough place that they can be thereafter be let out on their own. Also, how well might we know the person, and are they really listening? If they are asking their own questions, then likely they are listening, and sure some people might not ask very many questions and they still might be absorbing some of the information, so it might take several follow-ups to confirm that they sufficiently understand the information that has been shared with them. And even in the case of something like inheritance or passing down gifts, there may well be some value in following up 1, 2, 3, 5 years or more down the road to figure out where the other person may be and if they have sufficiently retained the information that might have been shared at a point or several points earlier. For sure interacting is likely way easier, but interacting can vary, so if you might tell your 10 year old about some bitcoin related information, and then you might not yet be at a point where you are comfortable with the 10 year old interacting with bitcoin, even though it could be possible to go down that road.. or if you are interacting with older relatives, some of them may or may not be willing to share some of their own finances, and they might have their own ideas that could get in the way regarding how to present matters or even trying to suggest that they "need to" learn something (technology) that might relate to something in which they already have a lot of opinions and experiences (maybe not good opinions/experiences, but still).
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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SmartGold01
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2023, 07:45:24 PM |
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There is some truth in what you are saying Blitzboy, and frequently I find myself telling people about bitcoin while at the same time suggesting that they don't come crying to me if they lose money on it or they fuck something up, and frequently people see my approach as NOT sufficiently advocating for what I am saying that they do because I am not standing behind it sufficiently enough... and yeah there is ONLY so much that any of us can do (including letting people know that they are responsible for their own decisions, including not deciding and not acting), and maybe sometimes we do end up getting more raveled into helping someone (and holding their hands) in way too many ways, and it can be a difficult balance because some people actually need some hand-holding in order to really get started enough and to a far enough place that they can be thereafter be let out on their own.
I think some of this depends on how willing and self development they are ought to be because you could try all means to pass information and knowledge to people but the abilities and desires for such people or groups of person's to dilute those Information given to results as a point of interest ( there are some fellow who loves the words "bitcoin" but had barely give it a time). You and I know today that for someone to be fully bathed in bitcoin and all tells that relates with formation and configuration and reserved on self development that leads to self study and reliance. Though it's pretty much cool learning and gaining the knowledge from those whom we may think that are better than them but willingness to put more efforts to practice depends on personal interest. I don't think holding hands could solved the problems of those who are wishing for a self development as I think we are in a computerised world were information could likely be source and diluted without having to be much more depending on personal tells from those whom we may introduce to the space. The world is fast rising place which everyone I mean, anyone are liable for whatever lose the incurred while accepting to ventured into bitcoin investment. The truth is before investment we should first accept the risk aspect before the benefits aspect of it.
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JayJuanGee
Legendary
Offline
Activity: 3822
Merit: 10729
Self-Custody is a right. Say no to"Non-custodial"
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2023, 08:24:21 PM |
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There is some truth in what you are saying Blitzboy, and frequently I find myself telling people about bitcoin while at the same time suggesting that they don't come crying to me if they lose money on it or they fuck something up, and frequently people see my approach as NOT sufficiently advocating for what I am saying that they do because I am not standing behind it sufficiently enough... and yeah there is ONLY so much that any of us can do (including letting people know that they are responsible for their own decisions, including not deciding and not acting), and maybe sometimes we do end up getting more raveled into helping someone (and holding their hands) in way too many ways, and it can be a difficult balance because some people actually need some hand-holding in order to really get started enough and to a far enough place that they can be thereafter be let out on their own.
I think some of this depends on how willing and self development they are ought to be because you could try all means to pass information and knowledge to people but the abilities and desires for such people or groups of person's to dilute those Information given to results as a point of interest ( there are some fellow who loves the words "bitcoin" but had barely give it a time). You and I know today that for someone to be fully bathed in bitcoin and all tells that relates with formation and configuration and reserved on self development that leads to self study and reliance. Though it's pretty much cool learning and gaining the knowledge from those whom we may think that are better than them but willingness to put more efforts to practice depends on personal interest. I don't think holding hands could solved the problems of those who are wishing for a self development as I think we are in a computerised world were information could likely be source and diluted without having to be much more depending on personal tells from those whom we may introduce to the space. The world is fast rising place which everyone I mean, anyone are liable for whatever lose the incurred while accepting to ventured into bitcoin investment. The truth is before investment we should first accept the risk aspect before the benefits aspect of it. Sure, there likely needs to be some motivation for learning and/or taking some steps to set up a wallet or to learn about how to use a bitcoin wallet if there happens to be "free bitcoin" inside, and maybe the recipient of the gift is not going to pay attention until the amount gets to be over a certain amount or they perceive some kind of value that they can get from the gift (the bitcoin) that they perceive to outweigh the costs upon them to have to learn or to have to listen to a parent who is "lecturing at" them. Maybe the giver teaches the bitcoin recipient that the recipient has a duty to pass on and to hold the family legacy, and maybe that could be an incentive for some recipients to want to learn and to take on such responsibility. Sometimes it is not clear how to inspire someone who might otherwise not be inspired or feel some kind of a need to learn.
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1) Self-Custody is a right. There is no such thing as "non-custodial" or "un-hosted." 2) ESG, KYC & AML are attack-vectors on Bitcoin to be avoided or minimized. 3) How much alt (shit)coin diversification is necessary? if you are into Bitcoin, then 0%......if you cannot control your gambling, then perhaps limit your alt(shit)coin exposure to less than 10% of your bitcoin size...Put BTC here: bc1q49wt0ddnj07wzzp6z7affw9ven7fztyhevqu9k
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