Is it built to last? Will it stand the test of time?
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Saturday, 11 March 2023
News: Open AI announced a product that allows you to receive cryptocurrency using artificial intelligence.
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Recently, the official Twitter account of OpenAI posted tweet about the release of a new tool for obtaining cryptocurrencies using artificial intelligence technologies. I quote their tweet: Open AI is now available to CryptoGPT. The first ever instrument that receives cryptocurrency by using artificial intelligence. You can find out more on our website This aroused great interest among users of social networks interested in the development of artificial intelligence. I've already tried it and it really works, but even though it requires a little refinement. In general, if you want to earn cryptocurrency in this way, then this is a very good option. [link] [comments] |
Bitcoin is about reclaiming what's yours
Some of its appreciation comes from the fixed supply, which makes it a hedge against inflation (= a reclamation of what's directly yours, by allowing you to keep the fruits of your labour), but most of it still comes from the growing adoption as it replaces the legacy system.
The upside from adoption, which started at zero and is headed towards hyperbitcoinization, allows you to reclaim the wealth stolen from your parents, grandparents and so on. They worked hard, but the fruits of their labour were taken away from them by the parasitical class. Now you can claim that wealth back. Your ancestors left you an inheritance, hidden away from you in the pockets and vaults of the politicians and bankers. Bitcoin transfers that generational wealth into yours where it rightfully belongs.
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This time is different?
I am interested in hearing your opinions on how this bear market compares to past bear markets. This is my first bear market in the space (staying calm) and there is a lot of FUD going around, especially in the traditional financial system as banks are suffering right now what are your thoughts? let's talk about it.
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Friday, 10 March 2023
Transaction fees are super high right now
March 9 17:24 GMT
What is going on with the high fees? Are they going to come down any time soon?
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Chainalysis "Head of Sanctions Strategy" Discusses Crypto in Ukraine Conflict
https://www.youtube.com/watch?v=j5jQr8nHy7U
It seems obvious that Chainalysis is a quasi-governmental agency. Funny that he didn't notice the $178 million in Ukraine aid which seems to have disappeared into FTX:
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source https://www.reddit.com/r/btc/comments/11n1tp7/chainalysis_head_of_sanctions_strategy_discusses/
Attention #XolosArmy! 📢🎉 This Friday #XolosArmyRadio 🎙️ will be about #Bitgree, the marketplace that uses BCH to buy products online. We have a special guest, Josué González, the lead developer of the site. Don't miss it! 🚀 (In Spanish)
Thursday, 9 March 2023
On chain vs off chain
Had a quick question regarding privacy…
Really it stems from the fact that can anyone, e.g. governments, really track your off chain transactions, ie lightning?
Say you did buy from a CEX, like Binance, moved the Bitcoin on chain and then preformed a series of lightning transfers before moving on chain to a hardware wallet… would the original CEX be found somewhere?
AskingForAFriend 🤔
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![Bitcoin Cash going viral ;-) [Stable Diffusion art]](https://external-preview.redd.it/snTRTUavKYKnayIrrRBVHrwMMFd0hLKON4vJH2PEEhs.jpg?width=108&crop=smart&auto=webp&s=a56fae68dfaa5610a2bda6f2e2f7e1138c38c7f4 "Bitcoin Cash going viral ;-) [Stable Diffusion art]")
It doesn't matter what crypto can do if it's not simple
Tom Z wrote a post about a similar topic the other day, and I just wanted to toss in my two cents.
Obviously the tech matters. Fundamentals matter, because at the end of the day it HAS to work.
And while that's absolutely necessary, it's not sufficient to succeed. It needs to be dead simple. Let me take you back to the mid eighties, when everything was command line, and there was basically no reason to own a mouse.
It was technically possible to do LOTS of things on a computer. They were extremely powerful tools, even back then. You just had to devote several years of your life to learning how to make them work.
Without actually making computers more powerful, the introduction of a graphical user interface meant that all of those things that were possible, but out of reach of ordinary people were suddenly simple. You didn't have to read the manual, you could just figure it out by clicking around. Despite his faults I think it was Steve Jobs who coined the "grandma test" and insisted that the original ipod only had one button.
Amazon and every other E-tailer learned long ago that every button click you put between a customer and their purchase reduces the chances they'll buy ANYTHING dramatically. We can't force people to use crypto on our terms, you have to meet them where they are. They're lazy. They don't want to learn about your new app. They want something that makes their life easier, not harder. Even a TINY barrier to entry will keep most people away. The more seamless the better.
Function is useless without design. It is not an afterthought, it's not less important, it is just as critical as the underlying technology. If it's not easy to use it's basically pointless tech because it WILL NOT be widely adopted. Obviously, tech comes first, but I think we're at a point now that it makes a lot of sense to put more focus on ease of use, interfaces, etc.
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source https://www.reddit.com/r/btc/comments/11m4po1/it_doesnt_matter_what_crypto_can_do_if_its_not/
Wednesday, 8 March 2023
Bisq - question about privacy
Hey fellow bitcoiners!
Setup Bisq today to increase privacy for my sat stacking … anyone know the best payment methods?
Looked at the faster payments option and you need to enter your bank account details, was wondering whether these are shared at all with any intermediaries/seller?
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Tuesday, 7 March 2023
About traceability and privacy
I have funds in wallet A, this wallet is linked to a kyc-exchange from where I receive the bitcoin I've bought- and still buy.
Now I have wallet B, it's a clean wallet with no activity, yet.
Question : would it make a difference in traceability / anonymity, if I were to send the funds from wallet A to wallet B in small batches, each time using a different adress ?
Also : Is it true that, using a service like Boltz, one could easily erase their traceability by exchanging ones BTC for LN BTC, sending that to a LN wallet, back to Boltz, exchange the LN BTC for BTC again and sending those to a clean hardware wallet ?
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Monday, 6 March 2023
Moved Crypto off Coinbase today!
Today I feel liberated. Moved all my crypto off Coinbase, to my new Cold Wallet. I picked up a Ledger Nano X yesterday. Did as everyone suggested. Set it up as a new device, added pin, created the 24 word recovery. Next updated the firmware so it would enable charging of the battery.
I got my keys, so it is my crypto!
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Lost seed but still have the Ledger
Hello guys !
I currently have a ledger but I’ve lost the seed phrase. I still have the 8 digits code and can transfer funds.
Do I have to worry ? As long as I have the 8 digits I can still access my funds indefinitely, no ?
Thanks
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Comparing Bitcoin's Accumulation Phases: 2015/16 vs 2019/20 - A Visual Analysis Featuring the Charts with an Orange Line Marking the Next Halving, and Green Lines Illustrating the First-Year Rally Gains from the Bottom of the Prior Bear Market for a Complete Picture.
how long until bitcoin is the worlds reference currency?
Today every news channel in every country displays the exchange rate of their national currency vs the US dollar on a nightly basis in order to guage the strength of their currency. Most people know roughly how much their currency is worth in US dollars.
Ask an indian how much 81,000 rupee is worth and they will say around $1,000 USD. Ask a brit how much 830 pounds is worth and they will say around $1,000 USD. Ask a singaporean how much 1,350 SGD is worth and they will say around $1,000 USD.
Most people dont know what their currency is worth in other national currencies but most people know what their currency is worth in USD because the US dollar is the worlds reference currency.
Bitcoin is still small relative to the USD but it is already becoming more global and more prevalent in most countries, every country has its own bitcoin exchanges. It is also starting to be used more in cross border remittances.
People compare their currency to the US dollar in order to measure their currencies performance. But as the US dollars role deminishes and bitcoins role increases people all over the world will start comparing their currency to bitcoin in order to measure their currencies performance.
There will come a time where bitcoin takes over the role of being the go-to reference currency. Soon more people will know what their currency is worth in bitcoin than know what their currency is worth in US dollars and the goal will not be to maintain stability against the USD but to maintain stability against bitcoin.
When this happens bitcoin would have become the worlds reference currency for individuals and after that its only a matter of time before bitcoin becomes the worlds reference currency for institutions and even governments.
The ironic part is no national currency could possibly maintain value against bitcoin as they are all debasing at such a rapid rate. So as bitcoin becomes the worlds default reference currency it will completely unmask just how weak all national currencies are and cause people to see exactly why they should be saving in bitcoin instead of saving in fiat.
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Sunday, 5 March 2023
It's easier to like Bitcoin when your national currency biggest banknote was 1,000,000 and months later it was "converted" to 1 and now it's worth only 0.04 USD. The country is Venezuela and the national currency is Bs (Bolivares).
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Hi, I'm Venezuelan living here, victim of living in a country with bad politics and economic management. I had posted this somewhere else but I think the Bitcoin subreddit deserves it directly. Usually I post outside the crypto community, some people blame and mock me for being "crypto enthusiast", yeah, it's easy saying that when your inflation rate is less than 10% yearly and your FIAT currency is accepted and respected worldwide (Maybe I would be like that too in that situation). But for us living in countries with really bad economic management, using something not controlled by a central bank (which usually means politicians), is a relief. That banknote is "old" while still in circulation, its face value is "1 millon" which is 1,000,000 Bs. (Bolivares) but because six zeroes were removed by law more than a year ago, not it's 1 "new" Bs, they didn't bother creating a new banknote so it's just like that people should understand it says 1,000,000 but it is worth 1. Of course a lot of problems specially with old people. Government just doesn't care. Exchange rate is 25 Bs. / USD, so 1 Bs. is around 4 cents. You need 25 of these to make 1 USD. Monthly minimum wage is 130 Bs. so around 5 USD. Or 130 banknotes of 1 Bs. [link] [comments] |
Buying $500 or so in BTC Without KYC, ID, or a Phone?
No, nothing nefarious going on. Just $500 or so for a service online that only takes BTC. What's the easiest way to buy BTC without KYC, ID, or SMS, if there is one?
Also, is it possible to buy BTC with a MasterCard or Visa GIFT CARD anywhere online without KYC/ID/SMS? Just straight up enter the card details on the site and have them send that amount to a wallet?
Where's the best place to find face-to-face BTC sellers?
Best place to find BTC ATMs that don't require ID or your fingerprint?
All this is pretty searchable but I read conflicting and outdated information when searching up on it, so I'm looking for someone to give me up to date info.
Thanks.
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source https://www.reddit.com/r/btc/comments/11icfq8/buying_500_or_so_in_btc_without_kyc_id_or_a_phone/
Bitcoin Cash Adoption in Lebanon Meetup
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Date: March 8th, 2023 Location: Lebanon - Tripoli ( al mina ) - Sea & See Reastaurant Time: from 3:00 PM Till 6:30 PM Join us for an exciting meetup about Bitcoin Cash adoption in Lebanon ! This event is perfect for anyone interested in learning more about Bitcoin Cash and its potential as a payment method for businesses in Lebanon. Our expert speakers will share insights on Bitcoin Cash's history, benefits, and how it works as a payment method for merchants. Agenda:
Our event will begin with registration and networking, where you can meet other attendees and learn more about the Bitcoin Cash community in Lebanon. We will then have an introduction and welcome session before distributing stickers and pins to all attendees. Our expert speakers will share insights on Bitcoin Cash's history and benefits, including its low transaction fees, fast processing times, and decentralized nature. They will also discuss how Bitcoin Cash can work as a payment method for merchants in Lebanon, including the benefits of accepting Bitcoin Cash over other payment methods. After the speakers' presentation, we will have a Q&A session where attendees can ask questions and get more information about Bitcoin Cash. We will then have a discussion on how Bitcoin Cash can work in Lebanon if merchants adopt it as payment in their stores and business. Attendees will have the opportunity to share their thoughts and ideas on how to promote Bitcoin Cash adoption in Lebanon. Finally, we will end the event with networking and wrap-up. Attendees can connect with each other and continue the conversation about Bitcoin Cash adoption in Lebanon. Don't miss this opportunity to learn more about Bitcoin Cash and its potential as a payment method for businesses in Lebanon. Join Us on March 8th For your Support : bitcoincash:qrx862eter4s2vymv3u9rvrfeqe4w8234clm8qz999 [link] [comments] |
source https://www.reddit.com/r/btc/comments/11i8jvi/bitcoin_cash_adoption_in_lebanon_meetup/
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