AVE5 (OP)
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. CRYPTO ⇄ CRYPTO █ No KYC / AML
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March 05, 2025, 01:37:47 PM |
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I've withnessed publicly where people questions why are bitcoin investors and holders act anonymously unique from other form of investment such as the stock markets, digital trading as forex and the real estate markets investors? Someone ask, why are bitcoin holders being acting like they're into some sort of illegal indulgences? If is bitcoin a scam or they that holds the bitcoins are scammers? Because it's worrisome to figure why users keep their bitcoin profiles within themselves and some doesn't even tell it to their love ones or families like it's some kind of illegal. I initially never wanted to get involved with the discussion even while I was in the midst. I had this whispering on my head that I should tell them what all that is about because they might currently be bitcoin holders or probably become one in the future and if they're not told the secret behind that act of enthusiasts holding anonymously, they might fall into thefts (physical attack victims). Immediately I said it's for security reasons, one concurred and said yes, so that we don't get physically attacked after being exposed and steal our bitcoin, one said but bitcoin is said to be digitalized so how do thefts succeed to steal it that the only fear about lost of bitcoin should be online attacks. Again I took a deep breath and ask myself if are these guys for real acting ignorant or lack of knowledge because I wouldn't want to be explained out and they won't see positive reasons to my opinion.
So lastly, I decided to play my part by spreading the little educative knowledge I've acquired so far about bitcoin and it securities. So to convince them to have that safety insight, I told them that bitcoin being one of the topmost growing assets has been so attractive to thieves and scammers because of it decentralized potential which in executed of transactions using the non custodial wallets or decentralized exchange without the use of KYCs keep users transaction untraceable and pseudonymous which means when your funds are stolen on bitcoin or crypto blockchains, there's usually hard chances to reveal the thefts/scammers real identities for justice and that becomes difficult to recover your stolen assets. I gave instance to several occasions where exposed bitcoin holders are being physically attacked and they thieves doesn't ask for fiats as ransome but bitcoin so that they can keep their identities unrevealed. And for this privilege, even your family relatives could hurt you without your awareness. So, to stay safe from getting physically attacked or getting on trap online, you must keep your bitcoin portfolio anonymously within yourself and stay unrevealed I'm both online and offline so that you don't get yours funds and life at stake on any selfish attacks.
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OcTradism
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March 05, 2025, 01:51:49 PM |
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TLDR; It's not recommended to write text wall like you did. Welcome message.When trying to write quality posts, a lot of people act as though they're writing a book report for school: putting facts that we already know into their own words. Nobody wants to read that, and you will not get merit for it. Moreover, the length of your post and the quality of your English are only minor factors. In trying to write a quality post worthy of merit, you should offer new ideas, personal experiences, or perspectives that other forum users will actually find new and interesting.
snip So to convince them to have that safety insight, I told them that bitcoin .... snip
A lot of insights about Bitcoin is written in The bullish case for Bitcoin.You can read it in a free version on Medium or in a book which is purchasable on Amazon. Another simple explanation to people who ask this question. https://www.lopp.net/bitcoin-information/bitcoin-explained.html
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Findingnemo
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March 05, 2025, 03:36:27 PM |
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If bitcoin was a scam then holders are not scammers but rather victims.  I won't full agree with bitcoin investors are anonymous because most of them are okay with using KYC regulated exchanges and casinos and it's just the we don't need to reveal our personal nature when we are making payments with bitcoin. But if you can't convince the people to have bitcoin then just let it be, it's their loss, not ours.
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7juju
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March 05, 2025, 04:22:34 PM |
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Well you won't blame them for acting ignorantly because they don't know, and don't understand what bitcoin is all about. You did well by educating them in your own capacity and making them understand that bitcoin and it's investors are not scammers, but people who prefers to keeps their dealings private. Afterall people have rights to privacy. You know the reason why most people are not yet into bitcoin investment, is just that they don't really understand how to go about it, and what it is all about. And some of them might have heard were bitcoin critics are saying whatever they want to say about bitcoin that's not true, and this possibly might have discouraged them. But with you coming in and clearing their doubts and answering their questions where necessary, I personally believe their mindset towards bitcoin have changed forever.
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cryptoaddictchie
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Fully Regulated Crypto Casino
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March 05, 2025, 04:28:21 PM |
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So, to stay safe from getting physically attacked or getting on trap online, you must keep your bitcoin portfolio anonymously within yourself and stay unrevealed I'm both online and offline so that you don't get yours funds and life at stake on any selfish attacks.
Once you did kyc and tried to deposit your asset on cex then they know your asset or holdings but it doesnt mean other people will. Thats depend on someone to keep his portfolio kept and hidden from anyone that might be a threat. Unless cex got compromise and hackers able to get data of these and known users who got huge assets and plan to rob them. Well for anyone safety just keep it quietly.
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MAAManda
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March 05, 2025, 07:08:32 PM |
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Letting the public know that we're a Bitcoin (BTC) holder doesn't benefit us at all, rather than benefit, everything around there is a loss. Of course, aside from online crimes, we often hear stories about physical attacks involving Bitcoin (BTC) or crypto in general.
In the early days of Bitcoin development in Indonesia, we once heard of a Chinese citizen who was murdered in his hotel room in Bali, the k*ller was known want to seize the victim's Bitcoin (BTC). But the news was not exposed at all by the media (probably for security reasons). That is one example, we do not want similar stories to happen again in the future.
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Youngrebel
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Bitcoin hits 888,888 Block
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March 05, 2025, 07:58:12 PM |
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Knowledge is power, it is only when you have knowledge about something that you can share with others or talk about it. It is because they are totally clueless and ignorant about it that they can't talk about it. If they were well grounded about Bitcoin and how it works they would have gladly shared their experience with you. But since they don't have idea of Bitcoin they also acted in accordance to the level of their knowledge.
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Zaguru12
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March 05, 2025, 08:11:33 PM |
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I won't full agree with bitcoin investors are anonymous because most of them are okay with using KYC regulated exchanges and casinos and it's just the we don't need to reveal our personal nature when we are making payments with bitcoin.
Bitcoin in its general form isn’t even Anonymous but more or less Pseudonymous depending on the way it is been used, there are definitely many ways to actually go anonymous on bitcoin but like you have said many of the investors today do not care or want to go through that way. For some they have failed to actually go away with the old tradition institution storage and there by still clinching towards centralized exchanges but still this isn’t public information of ones portfolio or holdings, because this information is only available when an exchange is hack or rather when the government requests it. The anonymity issue I think the OP is revering to is the one where many investors now flaunt there holdings online and this is becoming way too common and reason for so many holders getting attacked
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Ever-young
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March 05, 2025, 09:49:33 PM |
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Some are ignorant to the information they have in front of them, some lack the right knowledge to knowing how Bitcoin truly works, you can even meet those who will define and explain Bitcoin to you as some sort of of Ponzi scheme where you put in X amount to back Y amount, even when you offer free coaching to educate some in the right part they just don’t want to replace that with what they already have upstairs.
Everyone who is into bitcoin are into it for different purposes, you can decide to use it anonymously you can also decide to come public with it what ever your decision is you should be ready to bare what comes with it, and don’t shift blame to anyone.
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Ojima-ojo
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March 05, 2025, 09:53:53 PM |
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This thread is not different from all the other Bitcoin gospel spreading that come up here on this board or the Bitcoin discussions board, most of the time, this so-called Bitcoin education and learning only exists in speeches and not in real life as claimed by many of this so-called Bitcoin awareness crusader.
The whole whall of text you shared could make your thread tiring to read and you should consider improving on that since you are already an established forum member.
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Alphakilo
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March 05, 2025, 10:55:25 PM |
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...
This is a lengthy read. Thank you for sharing and for passing the knowledge of Bitcoin to others. I won't full agree with bitcoin investors are anonymous because most of them are okay with using KYC regulated exchanges and casinos and it's just the we don't need to reveal our personal nature when we are making payments with bitcoin. Anonymous is an illusion. Once governments adopts Bitcoin we can say bye to even the little one we think we enjoy now. Those regulated exchanges will request for more personal and very traceable details. But if you can't convince the people to have bitcoin then just let it be, it's their loss, not ours.
True.
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SmartGold01
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March 05, 2025, 11:18:34 PM |
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TLDR; It's not recommended to write text wall like you did. Welcome message.When trying to write quality posts, a lot of people act as though they're writing a book report for school: putting facts that we already know into their own words. Nobody wants to read that, and you will not get merit for it. Moreover, the length of your post and the quality of your English are only minor factors. In trying to write a quality post worthy of merit, you should offer new ideas, personal experiences, or perspectives that other forum users will actually find new and interesting.
snip So to convince them to have that safety insight, I told them that bitcoin .... snip
A lot of insights about Bitcoin is written in The bullish case for Bitcoin.You can read it in a free version on Medium or in a book which is purchasable on Amazon. Another simple explanation to people who ask this question. https://www.lopp.net/bitcoin-information/bitcoin-explained.htmlYou are right it's too lengthy and also eye turning. Though I was that doing same thing when I started newly with the hope that is a quality post, after I came across lot of people and correction I understood that "Good" is quality enough than writing a wall of text just to arrive at that same "Good".
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AVE5 (OP)
Sr. Member
  
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Merit: 267
. CRYPTO ⇄ CRYPTO █ No KYC / AML
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March 06, 2025, 09:52:53 AM |
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So, to stay safe from getting physically attacked or getting on trap online, you must keep your bitcoin portfolio anonymously within yourself and stay unrevealed I'm both online and offline so that you don't get yours funds and life at stake on any selfish attacks.
Once you did kyc and tried to deposit your asset on cex then they know your asset or holdings but it doesnt mean other people will. Thats depend on someone to keep his portfolio kept and hidden from anyone that might be a threat. Unless cex got compromise and hackers able to get data of these and known users who got huge assets and plan to rob them. Well for anyone safety just keep it quietly. Sure. The utmost fear on revealing your asset holding is the outbreak of individuals personally on their own coming to the media and physically exposing themselves that they holds bitcoins or any crypto assets. Then the threats of physical and online attacks will be more than just when the central authorities get known of you through the enrollment of Kyc in the centralized exchanges. That doesn't really mean much to say in as much cryptocurrencies isn't prohibited in your region and you're not facing any legal monetary issues. Where fear would lie on the CEX is about hackers who may get access to the network just as recent it happened with the Bybit exchange. The worse mode of being at stake to the lost of your funds or probably your life is the concept of telling the public your worth of crypto assets and then you walk freely in the society. Then, your life alone will become a hunting treasure where rubbers would ask for your asset as ransom so they don't get easily caught since the crypto blockchains is decentralized unlike the fiats. So you don't even need to physically hold briefcase full of $ before they come for you. So it's all about keeping mouths shut and your portfolios unrevealing.
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hugeblack
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March 06, 2025, 10:04:16 AM |
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Maintaining privacy is important because Bitcoin is an asset that increases in value over time. Unlike cash (which is harder to track), thieves tend to spend it because its value is constantly decreasing. Holding Bitcoin for a long time can generate wealth, so many people tend to buy Bitcoin and not tell others until it is time to sell or after making a profit.
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Zanab247
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Play more mood.
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March 06, 2025, 10:06:36 AM |
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This is lack of knowledge op, there is no how you will have the knowledge of BTC you will not know that your key is your BTC because nobody is sharing your personal details with you unless you exposed them public to love ones or family members. If you listen to their conversation very well, you will know that they have interest in BTC investment, but they know that BTC is not control by the government and it remain anonymous to the investors and hodlers, which is strange thing to them because they are familiar with fiat money on the time.
You have done a great thing by making them to understand some of the basic of BTC, and they will know that BTC has a solid security to the users which no scammers can have access to your BTC without your permission.
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AVE5 (OP)
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Offline
Activity: 574
Merit: 267
. CRYPTO ⇄ CRYPTO █ No KYC / AML
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March 06, 2025, 10:59:16 AM |
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TLDR; It's not recommended to write text wall like you did. Welcome message.When trying to write quality posts, a lot of people act as though they're writing a book report for school: putting facts that we already know into their own words. Nobody wants to read that, and you will not get merit for it. Moreover, the length of your post and the quality of your English are only minor factors. In trying to write a quality post worthy of merit, you should offer new ideas, personal experiences, or perspectives that other forum users will actually find new and interesting.
snip So to convince them to have that safety insight, I told them that bitcoin .... snip
A lot of insights about Bitcoin is written in The bullish case for Bitcoin.You can read it in a free version on Medium or in a book which is purchasable on Amazon. Another simple explanation to people who ask this question. https://www.lopp.net/bitcoin-information/bitcoin-explained.htmlYou are right it's too lengthy and also eye turning. Though I was that doing same thing when I started newly with the hope that is a quality post, after I came across lot of people and correction I understood that "Good" is quality enough than writing a wall of text just to arrive at that same "Good". Yes I do understand the contrasts of lengthy posts being too stressed on reading all through but then, I think when you find some worth interesting posts like that, you may comfortably just keep on reading to the baseline but though, it depends on the readers timing activities. But you must acknowledge with me that in some terms of giving details to informations especially one that has to do with arguments and discussion with others in collective terms, picking the necessary words can still be lengthy nomatter how you tend to squeeze it unless you will be living some vital words behind to make it Short. But then, I agree with you that lengthy lost burns the eyes at stirring. Most importantly, lengthy posts doesn't make posts a low quality to say. JuanGee has much been inspiring being a quality poster with his lengthy posts. So I hope quality posts isn't just about making it brief. So for now, pardon with the post size and go for the post contents. Thanks
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notocactus
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Glory to Ukraine!
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March 06, 2025, 11:11:43 AM |
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So I hope quality posts isn't just about making it brief. So for now, pardon with the post size and go for the post contents. Thanks
With same idea to express through your post, you have two ways. First way is writing a succint post. Second way is writing a lengthy post with many unnecessary words, sentences and surely you are making a lot of distraction that harms your idea expression accurately to readers. So, if you can do it with a first style, that is better for idea expression, please tell me why do you need a second style?
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lovesmayfamilis
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March 06, 2025, 01:17:54 PM Last edit: March 06, 2025, 01:28:43 PM by lovesmayfamilis |
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Yes I do understand the contrasts of lengthy posts being too stressed on reading all through but then, I think when you find some worth interesting posts like that,...
LOL  OP, you are very deluded about your post. Instead of agreeing, you stubbornly claim the opposite. Two people gave you good advice; at least divide your "interesting topic" into paragraphs. Many will simply not read to the end, especially in the times of social networks and their fans. I think many will agree that you have not revealed anything new, except for what could be said in a few words. Money loves silence. Are you interested in rank promotion? Then do not tire the readers, and keep brevity, if you know that it has always been the "sister of talent." By the way, how does your post differ from the idea in this topic? Why you need to keep your crypto investment discreet
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Doan9269
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March 06, 2025, 01:18:15 PM |
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I've withnessed publicly where people questions why are bitcoin investors and holders act anonymously unique from other form of investment such as the stock markets, digital trading as forex and the real estate markets investors?
Maybe almost everyone of us are a good trailblazer of whom we follow after (Satoshi) and that is also one of his intentions for creating bitcoin, that we may have full control of our financial economy, have our privacy back, and be independent of the centralized institutions for handling and maintaining our finances, including government, they can regulate what is not being regulated, but it's such a pity that some of us don't even know about all these, they lack the understanding of what privacy means, how to go for it and through which means they can enjoy the use of bitcoin with their privacy maintained, this is also one of the major difference you could get from using bitcoin to other traditional asset mentioned.
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Zoomic
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March 06, 2025, 02:02:16 PM |
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Anyone who lives in a country or region where Bitcoin is seen as gold (of course, you know anyone who owns gold is a rich person) will truly understand the need to remain anonymous in the crypto space. Even though we all assume Bitcoin to be digital gold, many people out there, especially the thieves who know very little about Bitcoin do not realize that it is also divisible and can be owned in very small units. So, not everyone who owns some units of Bitcoin is as rich and wealthy as they think.
The best anyone can do for themselves is to keep their financial life private. Bitcoiners are preys in some regions, so it's important for everyone to understand the kind of environment they live in and adjust their lifestyle accordingly. Newbies should also take note of this, as they are the most targeted.
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