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Author Topic: Not Your Keys Not your Coins Banner Needed Everywhere?  (Read 715 times)
DaveF (OP)
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November 12, 2022, 02:59:46 PM
Merited by LoyceV (4), DdmrDdmr (3), vapourminer (2), The Sceptical Chymist (2), philipma1957 (1), Welsh (1), ABCbits (1), Pmalek (1), BlackBoss_ (1), PowerGlove (1)
 #1

Title says it all, with yet another disaster going on with the exchanges imploding should there be a constant banner someplace that just keeps the NYKNYC message up?
Across the top between where it says Bitcoin Forum on the left and simple machines forum on the right just the Not Your Keys Not your Coins text up there.

Call it subminimal messaging, call it keeping it in the public eye, whatever. Just so it's there.

Counterpoint: What I keep saying, we are an internet forum....not your mom.

Just a thought. If it saves some people some money it may be worth it.


-Dave

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philipma1957
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November 12, 2022, 03:14:27 PM
Merited by nutildah (2), vapourminer (1)
 #2

90-10

I need at least 10% on coinbase.

The other 90% can be on my wallets.

Yeah a warning would be a decent suggestion.

But fuck stable coins also works.

Or do nothing.

Which works for those that keep most of their coins in their own personal wallets.


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November 12, 2022, 03:50:23 PM
 #3

Some time ago there was a free campaign with personal text+avatar that just promoted that idea, and some members, including myself, gladly accepted that idea in the hope that we will at least have a little influence on some members or guests to understand how important it is to have their private keys under full control. Maybe someone understood the message, but if we know that there are millions of cryptocurrency investors who have no idea that this forum even exists, I wonder how much impact such a message would have.

I'm not sure, but I think I've seen such a message in the factoids that are now displayed a lot more on the forum, and if I'm wrong, maybe the admin could add such a warning to the collection.

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November 12, 2022, 03:58:45 PM
 #4

I think having a banner as we had in the form of ads would be great and noticeable, only texts are less noticeable most of the time. The banner can link a thread where we can see all the scandals related to exchanges where users lost their funds for not having the private key, for using the custodial wallet. That would create more awareness I think.
I'm not sure, but I think I've seen such a message in the factoids that are now displayed a lot more on the forum, and if I'm wrong, maybe the admin could add such a warning to the collection.
I just had a check and found no factoids text on this unless I have missed something.

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November 12, 2022, 04:25:58 PM
 #5

Across the top between where it says Bitcoin Forum on the left and simple machines forum on the right just the Not Your Keys Not your Coins text up there.
My understanding is you are talking about a tag line of the main name.
When you are saying not your key not your coins then you are basically telling it about the forum which does not sound related at all, sounds of topic with the forum name. If we all value the phrase then as team of the community we can have our personal text dedicated for it. Imagine majority of the members have same phrase, it will defiantly create a sense for anyone.

Users who are not using there personal text for any paid advertising they can volunteer. We also can have a factoid on the forum advertising space.

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November 12, 2022, 04:39:48 PM
Merited by Rizzrack (2)
 #6

This is a valid point of concern because when exchanges are sinking they take down their investors funds with them. Having said that, will theymos allow for the banner display to happen?

I cannot see him adding a not your keys not your coins banner (especially for free) as a warning no matter how much momentum the campaign gathers. Even paid banner advertising was discontinued therefore if financial gain or placement of free public announcement for benefit of the community will not sway his opinion, then what will?



Is something like this what you mean?

Title says it all, with yet another disaster going on with the exchanges imploding should there be a constant banner someplace that just keeps the NYKNYC message up?
Across the top between where it says Bitcoin Forum on the left and simple machines forum on the right just the Not Your Keys Not your Coins text up there.

Call it subminimal messaging, call it keeping it in the public eye, whatever. Just so it's there.

Counterpoint: What I keep saying, we are an internet forum....not your mom.

Just a thought. If it saves some people some money it may be worth it.


-Dave

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November 12, 2022, 04:57:52 PM
 #7

Some time ago there was a free campaign with personal text+avatar that just promoted that idea, and some members, including myself, gladly accepted that idea in the hope ...
I bet this is cryptosec.info or the notyourkeys.org campaign.



I don't know if it's only me, but i guess most people who uses exchanges knows this line very well, i mean the meaning behind it, but what? They still do it, taking risks trading, storing funds on exchanges as if it's their personal wallets. Mostly because they think it like banks where most knows banks is for storing money, where they don't want responsibilities to their money of securing whatever you warned them because of technicalities so exchanges will do the job for them, assuming that they will be refunded when a hack happens.

Actually, i have friends who do like this^, simply avoiding responsibilities.

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November 12, 2022, 05:02:25 PM
 #8

The only problem was the majority of crypto user that storing most of their assets on exchange is not regular forum member. Most of them is just using social media to get an update and socialized on crypto topics. I believe most of the forum users especially rank up members is already familiar and applying this on there personal finances.

Those newbie on social media just move here in the forum whenever they encounter inconvenience like FTX to seek alternative solution on there fck up situation.
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November 12, 2022, 05:42:25 PM
 #9

It may save few people for sure but instead of banner can we have a child board for all the important things?

Don't get me wrong because people who are holding their cryptocurrencies in their exchange without aware of the difference between holding in a non custodial wallet and exchange then its simply due to their ignorance and such users definitely need guides for everything to get saved from scam. Smiley

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November 12, 2022, 05:49:29 PM
 #10

Title says it all, with yet another disaster going on with the exchanges imploding should there be a constant banner someplace that just keeps the NYKNYC message up?
No matter how determined you're to save people what many have termed entrapment in centralized exchanges, it's not going to be enough. No one can save the world. There are still going to be people who just stare at the message but go ahead to do whatever that pleases them. After all, isn't it their money? Now the interesting part is that there isn't anyway everyone can take their coins off exchanges even when they know the risk involved. Maybe investors shouldn't leave their coins there but not daily traders.

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November 12, 2022, 05:53:04 PM
Merited by ABCbits (1)
 #11

It may save few people for sure but instead of banner can we have a child board for all the important things?
Important Announcements

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November 12, 2022, 06:42:21 PM
 #12

Title says it all, with yet another disaster going on with the exchanges imploding should there be a constant banner someplace that just keeps the NYKNYC message up?
If you keep this NYKNYC banner everywhere all the time you will create countereffect, people will get used to it and won't pay much attention on real meaning.
I seriously doubt many people even understand what this saying ''not your keys, not your coins'' really means, they think if this coins are on centralized exchanges, it's still their coins.
I would say that exchanging Bitcoin for shitcoins is even worse, for example, I just heard that Tether blacklisted $31.4M USDT after FTX hack!
That being said, I am not against banner or signature campaign that promotes and educates importance of real coin keys ownership.

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November 12, 2022, 06:53:25 PM
Merited by PowerGlove (1)
 #13

You can't fix stupid, especially when greed is part of it. And let's face it, some people are too stupid to handle their own keys properly so a message like that might backfire even if anyone paid attention to it ("Dave told me to keep coins in my own wallet and I lost my phone and now I'm broke").

Having said that, I fully support informed decisions even if they're wrong, so yes, the forum should encourage users to own their keys and bear responsibility for losing their coins instead of just giving them up to random scammers.
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November 12, 2022, 09:26:21 PM
 #14

The saying sounds simple enough, but its true meaning is often overlooked by newcomers. Many people fail to appreciate the importance of this statement and the phrase will ring hollow, which is unfortunate.

I agree, of course, that it is good to inform young members about all the risks of keeping coins on centralized exchanges and other services, but it is even more important that they understand all the risks associated with holding their coins. What good is it if they have their keys but are unaware of the importance of keeping them safe? We have had numerous examples of naive and inexperienced users entering private keys on various sites and forms, only to lose their coins to scammers. The point is, no matter how hard we try, some members are impossible to save if they don't make the effort to learn about all possible threats on their own.
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November 12, 2022, 09:56:19 PM
 #15

I do not think it is necessary.
I would dare to say most of the people around here already practice self-custody in a proper way. Probably, most of the victims of these collapses we are witnessing around us are people who have invested in Bitcoin in a casual way or traders (who need to keep part of their funds in their preferred exchange), I don't consider the average Bitcointalk user to be a casual investor.

On the other hand, I do not completely oppose the idea, I could serve as some of time mark,  "reminder" of the fall of these services or pseudo-official statement of this community in the middle of this chaos.

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November 12, 2022, 10:02:03 PM
Merited by PowerGlove (1)
 #16

Counterpoint: What I keep saying, we are an internet forum....not your mom.
That's true, but just having a warning like that--which, if a newcomer doesn't understand it's meaning might Google it--isn't really being intrusive, paternalistic, or anything like that.  It's a piece of wisdom that anyone in the crypto space should have firmly lodged in their head.  Seriously, that phrase above all others I can think of is the most important thing someone who owns crypto should have guiding them.

I support this suggestion fully, though obviously it all depends on whether Theymos wants to add something like that.  Something like this certainly couldn't hurt, and it'd probably be easy to do.

I would dare to say most of the people around here already practice self-custody in a proper way.
One would hope so, but keep in mind that there are a lot of members active on this forum, and it'd be nearly impossible for all of them to be adhering to the wisdom in the NYKNYC statement.  Like I said, what harm can it do?

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November 12, 2022, 10:17:41 PM
 #17

I don't know if any of the factoid slots also have a NYKNYC warning so far, but it might be useful if the admins want to insert one. Even if the level of awareness among people about factoid slots is still very low, it reflects that the forum also cares deeply about the safety of its users' funds in bitcoin.

Of course I don't think this is sound advice on my part, but something like that could be helpful.

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November 13, 2022, 01:40:53 AM
Merited by Lucius (1)
 #18

NotYourKeys.org - Community Contribution Avatar Campaign

Community made contribution and the security checklist is helpful too.

            



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November 13, 2022, 05:46:21 AM
 #19

In addition to the forum rules, which have been suggested several times as a welcome message to newcomers after registration, add this motto and some explanation of this rule. If a person checks the box that he has read all the rules and warnings of the forum, everything that happens to him in the future lies entirely on his shoulders. Of course, it is difficult for a beginner to learn this rule from the first steps, but if the forum is "mother," then it is convenient to teach such warnings with mother's milk.

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November 13, 2022, 09:52:06 AM
 #20

I have a wild suggestion i don't know how it might sound. How about soliciting to all campaigns on the forum to have it added to their avatar design that way it will capture the attention of forum users  and newbies as it will be seen on regular base so long the user visits the forum. Sometimes activities can make someone forget to move coin bought on CEX back to cold wallets. It really sad how people lose coins and denied access to their coin on exchanges
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