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Author Topic: One problem with BTC  (Read 469 times)
Voxo2222 (OP)
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December 11, 2021, 02:31:58 PM
 #1

It has no owner if something happens who do i complain ?
If something not right with eth i can complain to V Butern
Right now the owner might be of btc GRAYSCALE so the Micheal Sonnershein the Satoshi Ceo of company.
Second question who will guarantee my btc safety ?
I trust exchangers as i trust people who are well known
But i think we not ready for decentralized finances as someone got to give out guarantees.
Right now the biggest shareholders are arkinvest and grayscale so i guess they should also have more liability and responsebility as tgey got more profit of dumps and pumps as they are biggest ones so they can manipulate with prices but still btc needs owner the company who will be responseble for all
I guess we can send complains about btc to him.

My grandfather said if no responsebility of person then no assurence of great business.
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December 11, 2021, 02:36:28 PM
 #2

It has no owner if something happens who do i complain ?
If something not right with eth i can complain to V Butern
Right now the owner might be of btc GRAYSCALE so the Micheal Sonnershein the Satoshi Ceo of company.
Second question who will guarantee my btc safety ?
I trust exchangers as i trust people who are well known
But i think we not ready for decentralized finances as someone got to give out guarantees.
Right now the biggest shareholders are arkinvest and grayscale so i guess they should also have more liability and responsebility as tgey got more profit of dumps and pumps as they are biggest ones so they can manipulate with prices but still btc needs owner the company who will be responseble for all
I guess we can send complains about btc to him.

My grandfather said if no responsebility of person then no assurence of great business.

LoL wat? You may complain as much as you want, Vitalik won't give a shit about your losses.

You guarantee your btc's own safety by holding it in your cold wallet.

This shit is not for retards. Take it or leave it. As simple as that.

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Voxo2222 (OP)
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December 11, 2021, 02:39:50 PM
 #3

It has no owner if something happens who do i complain ?
If something not right with eth i can complain to V Butern
Right now the owner might be of btc GRAYSCALE so the Micheal Sonnershein the Satoshi Ceo of company.
Second question who will guarantee my btc safety ?
I trust exchangers as i trust people who are well known
But i think we not ready for decentralized finances as someone got to give out guarantees.
Right now the biggest shareholders are arkinvest and grayscale so i guess they should also have more liability and responsebility as tgey got more profit of dumps and pumps as they are biggest ones so they can manipulate with prices but still btc needs owner the company who will be responseble for all
I guess we can send complains about btc to him.

My grandfather said if no responsebility of person then no assurence of great business.

LoL wat? You may complain as much as you want, Vitalik won't give a shit about your losses.

You guarantee your btc's own safety by holding it in your cold wallet.

This shit is not for retards. Take it or leave it. As simple as that.

If this is future then future is not for retards also Wink
But what about equality humanity and try to be best for everybody some people are better off to let someone else taking care of their important things.
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December 11, 2021, 02:46:29 PM
 #4

If this is future then future is not for retards also Wink

Quite right. They better use something else because they'll lose whatever they have here and when you think about it, they'll probably lose whatever they got no matter what they do.

But what about equality humanity and try to be best for everybody some people are better off to let someone else taking care of their important things.

Equality, humanity these are bullshit. Nobody is equal. Grow up and learn to take care of your stuff.

A guy with dementia, 90 years old, no relatives left, who is going to give a fuck about him? Nobody.

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December 11, 2021, 02:49:52 PM
 #5

So many things to process...

It has no owner if something happens who do i complain ?
To whom do you complain if something happens to your cash? Bitcoin is cash. If you lose it, it's gone. You can always address the police, though, and they may make their investigation.

If something not right with eth i can complain to V Butern
No you can't. He is not responsible for what you're doing with your ETH neither can you open a support ticket to the developing team. Haven't you heard of “Not your keys, your coins”?

Right now the owner might be of btc GRAYSCALE so the Micheal Sonnershein the Satoshi Ceo of company.
Everyone has the same rights upon Bitcoin. There's no CEO.

but still btc needs owner the company who will be responseble for all
No, it doesn't. That would make it susceptible to resistance. It's hard cash.

I guess we can send complains about btc to him.
Why should the people complain to somebody? And even if they should, to whom will that person complain to?

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December 11, 2021, 03:48:47 PM
Merited by BlackHatCoiner (2)
 #6

It's a feature, not a bug.  By design.  Bitcoin is about personal responsibility.  You need to hold yourself accountable for the mistakes you make.  Ensure your own safety.  Not everything boils down to asking others to fix things for you. 

Not everyone can handle that kind of responsibility.  If you would feel more comfortable using a centralised cryptocurrency with someone in charge who can manipulate it, you are free to go use that instead. 


My grandfather said if no responsebility of person then no assurence of great business.

Then your mistake is thinking that Bitcoin is a business.  It isn't.  It's a protocol and a network which puts you in control of your wealth.  Again, the responsibility is yours.
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December 11, 2021, 04:02:02 PM
 #7

Why does a decentralized system need centralization? There are many other investment options.

Do you think if the bank steals money, the CEO will give it to you?) In some countries there is a guaranteed insurance program for deposits, but it also does not work perfectly. In the real world, you can sue for 10-15 years and you won't get your money back. The best way to protect money is the mind, not a third person who can be sued.

Keep your money in a sock under your bed.
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December 12, 2021, 05:51:37 AM
 #8

If something not right with eth i can complain to V Butern
Even though the statement is a dumb one but I'm glad that even trolls admit that ETH is a centralized shitcoin.

Quote
I trust exchangers as i trust people who are well known
But i think we not ready for decentralized finances as someone got to give out guarantees.
You can only speak for yourself. YOU aren't ready for decentralized finance, the rest of us who have adopted bitcoin have been ready for it and have been using it for about 12 years now.

Quote
My grandfather said if no responsebility of person then no assurence of great business.
Bitcoin is a currency or a payment system not a business.

P.S. Nobody is putting a gun to your head forcing you to use bitcoin, you chose to be here!!!

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December 12, 2021, 06:13:27 AM
 #9

But what about equality humanity and try to be best for everybody some people are better off to let someone else taking care of their important things.
If you are better off letting banks take care of your important stuffs, then by all means you can do that. No one is compelled to get into bitcoin and hold it and bitcoin's protocol would not change cause of trolls. What you see now is what you get; It is built on a permissionless network and is a decentralized asset, giving the holder full control, without the need for a third party.


It has no owner if something happens who do i complain ?
If you hold the keys, you own the coin. that is the only form of ownership that exists with bitcoin. If something goes wrong, you learn from your mistakes and rue your loss.

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December 12, 2021, 07:19:48 AM
 #10

It has no owner if something happens who do i complain ?
If something not right with eth i can complain to V Butern
Right now the owner might be of btc GRAYSCALE so the Micheal Sonnershein the Satoshi Ceo of company.
Second question who will guarantee my btc safety ?
I trust exchangers as i trust people who are well known
But i think we not ready for decentralized finances as someone got to give out guarantees.
Right now the biggest shareholders are arkinvest and grayscale so i guess they should also have more liability and responsebility as tgey got more profit of dumps and pumps as they are biggest ones so they can manipulate with prices but still btc needs owner the company who will be responseble for all
I guess we can send complains about btc to him.

My grandfather said if no responsebility of person then no assurence of great business.
Look, the cryptocurrency space is not cut out for everyone. Do you think that we all have to believe in the same thing for it to work? just because you cannot hold someone responsible if something goes wrong with your investment does not make it fake or worthless. If you believe that  Vitalik can answer your complaints about ETH  Grin then go for ETH it is also a great investment after all. The bottom line is if you are not comfortable with what it is, don't invest cos nobody will guarantee you stake.
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December 12, 2021, 07:41:21 AM
 #11

Just to be clear. When you invest in something, you should know the risk. Unfortunately, in bitcoin or other coins, you can not complain to the developer if something is not right but you can ask them why that is happening.

When you decide to invest in bitcoin, you have a responsibility to bitcoin, no matter if the price increases or decrease. You will not complain if the price is increased, but I am sure you will complain if the price is decreased because that is human nature to complain to any people about something that they do not like.

It is easy. If you do not know where to complain, you can avoid investing in bitcoin and never touch bitcoin. Not because you see bitcoin price increases and you want to make a profit but that is because you will have a risk to see the price is up and down in the future because bitcoin has a high risk and high volatility.

Bitcoin is for those who can handle the risk better than others because your funds will be your responsibility.



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acroman08
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December 12, 2021, 08:19:03 AM
 #12

It has no owner if something happens who do i complain ?
to yourself, for fucking it up.

If something not right with eth i can complain to V Butern
good for you

Right now the owner might be of btc GRAYSCALE so the Micheal Sonnershein the Satoshi Ceo of company.
Huh?

Second question who will guarantee my btc safety ?
you

I trust exchangers as i trust people who are well known
good for you, but just because a certain person is well known doesn't mean they should be trusted.

But i think we not ready for decentralized finances as someone got to give out guarantees.
why is it that there are people who think that there should always be someone who is in charge of something?

Right now the biggest shareholders are arkinvest and grayscale so i guess they should also have more liability and responsebility as tgey got more profit of dumps and pumps as they are biggest ones so they can manipulate with prices but still btc needs owner the company who will be responseble for all
I guess we can send complains about btc to him.
go ahead, no one will be stopping you from complaining to them. just don't be disappointed if they ignored you.

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December 12, 2021, 09:34:23 AM
 #13

Despite being 10+ years old, Bitcoin is still pretty young and things to make Bitcoiners' lives easier are being built. But regardless, people who really need bitcoin are incentivized to learn how to secure their funds — I mean, if someone holds their life savings in bitcoin, it's totally idiotic to be careless.

Also, you should stop looking at Bitcoin as mainly a "business". If you think that Bitcoin exist solely to make us money, then you totally miss the point.

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December 12, 2021, 12:33:02 PM
 #14

OP,I'm not going to discuss the stuff that you are posting/spamming around the forum lately.
There's no point wasting my time and effort for this.
You remind me of another forum member,who was spamming the forum,shitting all over Bitcoin while praising stablecoins a few months ago.Unfortunately I forgot his username.
The chances of you being that guy using another forum account seem pretty high.
I don't understand the point of spamming the forum with low quality posts and shitting over Bitcoin.
Do you get any benefit out of this?

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December 12, 2021, 12:47:49 PM
 #15

It has no owner if something happens who do i complain ?
The Bitcoin community.
Meanwhile, Satoshi leave the duties of Bitcoin into the hand of the community in other to provide true decentralization and equality. However, this is the reason why most crypto enthusiast trusted Bitcoin than every other crypto we have in the market.

Second question who will guarantee my btc safety?
Yourself. This is the reason why knowledge play the vital roles in crypto currency investment.

I trust exchangers as i trust people who are well known
But i think we not ready for decentralized finances as someone got to give out guarantees.
Right now the biggest shareholders are arkinvest and grayscale so i guess they should also have more liability and responsebility as tgey got more profit of dumps and pumps as they are biggest ones so they can manipulate with prices
assurence of great business.
Every investment setting is manipulated by the HumpBack whale but people only focus mostly on crypto because it a volatile market.



but still btc needs owner the company who will be responseble for all
I guess we can send complains about btc to him.
Bitcoin already have owner which is the holder of the private key and it doesn't need a new one.
You can send complain about Bitcoin on here which is what you are doing right now through your question.




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December 12, 2021, 12:53:30 PM
 #16

There are developers that you can ask what you're problems are not to mention that bitcoin wants you to be your own bank so does that mean that you're responsible for what's going to happen to your bitcoins. Plus, you shouldn't be in this space if you're not a responsible person. It's not a problem with bitcoin, it's "your" problem with bitcoin.
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December 12, 2021, 12:54:49 PM
 #17

OP,I'm not going to discuss the stuff that you are posting/spamming around the forum lately.
There's no point wasting my time and effort for this.
You remind me of another forum member,who was spamming the forum,shitting all over Bitcoin while praising stablecoins a few months ago.Unfortunately I forgot his username.
The chances of you being that guy using another forum account seem pretty high.
I don't understand the point of spamming the forum with low quality posts and shitting over Bitcoin.
Do you get any benefit out of this?


At a guess he is spreading FUD to support another coin. Running around pointing out non issues with BTC that this other magical coin will fix.
He will not actually post about the other coin, some other user will pop in and say what about "X" and go from there.
It's a promotion tactic that has come up before.
As of now they have been here a little over a month started 23 topics made 77 posts (including those 23 topics) and earned 0 merit. It takes work to be that bad a poster.


-Dave

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Vaskiy
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December 12, 2021, 01:01:44 PM
 #18

OP,I'm not going to discuss the stuff that you are posting/spamming around the forum lately.
There's no point wasting my time and effort for this.
You remind me of another forum member,who was spamming the forum,shitting all over Bitcoin while praising stablecoins a few months ago.Unfortunately I forgot his username.
The chances of you being that guy using another forum account seem pretty high.
I don't understand the point of spamming the forum with low quality posts and shitting over Bitcoin.
Do you get any benefit out of this?


At a guess he is spreading FUD to support another coin. Running around pointing out non issues with BTC that this other magical coin will fix.
He will not actually post about the other coin, some other user will pop in and say what about "X" and go from there.
It's a promotion tactic that has come up before.
As of now they have been here a little over a month started 23 topics made 77 posts (including those 23 topics) and earned 0 merit. It takes work to be that bad a poster.


-Dave
Maybe they're practicing a new tactics of marketing, but people are well aware of the market reality. Also they knew well, what is the responsibility of the user who holds specific asset. When one knew about the do's and don't of respective assets/coins automatically they will keep it secure. Here OP isn't ready to understand, rather than raising question for which he himself is responsible in different forms.

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amishmanish
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December 12, 2021, 01:14:33 PM
 #19

OP, Who told you that if something happens to your ETH, you can complain to Vitalik Buterin. Right now, you can find thousands of people who constantly have complaints about their wallets being emptied by social hacks, there are issues with even the best wallets like Metamask. What someone is making you sign cannot be understood if you don't know how to read smart contracts.

People have lost millions because of bug exploits in DeFi code. They couldn't really complain to anybody. There have been no such exploits in Bitcoin. The only way you can lose your money in Bitcoin is through not taking enough precautions. As far as having trusted third parties that your grandfather will call "responsible", there indeed are such parties for Bitcoin which will keep your Bitcoin in custody for you. If that is the kind of assurance you want, you can easily have it in Bitcoin.

This is still something that you won't have in Ethereum, Alt-coins or the tens of other chains and projects. There are rug pulls and daily scams and people lose a lot of money. None of that happens on Bitcoin. So, really, the premise of your question is wrong. There is nothing else safer than Bitcoin. And there are enough "responsible" third parties, if you are into that sort of thing.
uneng
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December 12, 2021, 04:24:33 PM
 #20

If you use centralized services like exchanges, you can sue the owners in case you lose your coins for a mistake commited by them. Due to regulations crypto universe isn't a lawless land anymore. People making business in this environment have responsabilities with their customers that can't be neglected, under the risk of facing the court of the country where they are registered and operating.

But if the mistake was commited by you, like sending your coins to a wrong address or forgetting your password there is no one to blame besides yourself.

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