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Showing 20 of 206 results by George Edward
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Topic
Board Economics
Re: What if you can't use wealth gotten from crypto to buy assets
by
George Edward
on 05/08/2025, 08:08:47 UTC
You've got a point that it's frustrating to deal with regulations on crypto. Many people choose to hold their crypto long term and only sell small amounts for bills which aligns with a minimalist approach and avoids a lot of headaches.
However deliberately misrepresenting the source of your funds to buy assets is a huge legal risk. Creating a fake paper trail to clean money from crypto could be considered money laundering, and the penalties for that are severe, including fines and prison time.
A safer, more straightforward strategy is to get a traditional job for your fiat income. This keeps your crypto a separate investment and gives you a legitimate source of funds to buy assets without any legal concerns. It's a way to have your cake and eat it too, without the risk.
Post
Topic
Board Nigeria (Naija)
Re: No Be Wallet Dey Secure Your Funds, Na Seed Phrase
by
George Edward
on 28/07/2025, 14:29:29 UTC
well basically seed phrase are  more secured than  wallet.indeed  wallet may provide a good interface and functionality yes .but it's s good to keep you seed phrase well and safe because when your wallet in any way gets lost the only way to recover your cryptocurrency is your seed please. So looking at the big picture,seep phrase are prioritize as the master piece  .
Post
Topic
Board Politics and society (Naija)
Topic OP
Nigeria policemen becoming corrupt or doing their duties : why harassing youths?
by
George Edward
on 28/07/2025, 06:42:58 UTC
I just remembered something earlier today, and I decided to write about it, as you can see from the headline. This topic is all about policemen in our country,  Anyways, let's cut to the gist.

So, for years now, it's been considered that the responsibility of a Nigerian police officer is to:
  • Protect the rights and freedoms of citizens in Nigeria       
  • Maintain public safety, law, and order         
  • Protect the lives and property of all persons in Nigeria         
  • Facilitate free passage and movement of persons, property, and goods along highways, roads, and streets open to the public     
  • Assist persons in distress, such as flood victims or victims of road accidents     

I would say they have been doing their best, even with their limited equipment, but that was then, not now. I have indeed witnessed policemen stopping cars and collecting bribes for certain individuals. Even I was checked a certain time, and they just kept on recommending that I should open my phone, which I didn't know what to do. I had to open it .after that, they made me wait for about 30 minutes before they told me to go. A phone, which is supposed to be a private device for an individual, is being checked by the police. If there's a good explanation for this, I'd really like to know why.


So, I want to ask ,is the Nigeria policemen becoming more corrupt every day or it's all part of their duties ?We all know politicians always involve themselves in illegal acts, and no one can stop them. But the people that are supposed to be protecting us are now harassing us. Even right now in Edo State, you can't put on a good dress without the police stopping you. Yes I know there's a high crime rate of scams and other things everywhere, but that doesn't mean everyone is a criminal even the true  criminals pay their way out by bribing  them ,I'm saying this not because I think the police are bad, but because I feel uncomfortable with their behavior, that is why dey say what ever has an advantage has a disadvantage .  Most times in the past, they would say 'police is your friend,' but now,  police has no friends.
Post
Topic
Board Politics and society (Naija)
Re: Need for a local board award
by
George Edward
on 28/07/2025, 03:16:43 UTC
Good morning mate , this is a good ideal and judging from the looks of it will really be effective in the Nigerian board  but once a year would be too long well it will also be nice to hear other users perspective on this topic
Post
Topic
Board Politics and society (Naija)
Re: Make we dey conduct DNA test at birth?
by
George Edward
on 28/07/2025, 02:11:29 UTC
Well considering the looks of it, how weman who are married to their husband's still go out side to get satisfaction I would say it's clear that DNA test should be done because how will a man actually fill training another's man child only to find out it was not his child .ah that is really evil for a married woman who consider doing such tabu .

Well it's clear in link ,that DNA test should be conducted in a family.  because one thing is for sure a child takes the characteristics of his parents  biological or not. so it will be hard to tell physically but there nothing science can't prove.
 
Yes to DNA test
Post
Topic
Board Politics and society (Naija)
Re: Say no to GMO in Nigeria.
by
George Edward
on 28/07/2025, 01:46:13 UTC
Most GMO foods produced are for importation to other countries. Countries who import food they can grow in their country tend to practice GMO and another reason is to enhance the food they  produce in the lab so they sell more in the trade market than other countries making the same supplies.

In Nigeria we produce, more than 60% of the food we eat. Only few are imported even when we can also produce them here too. Meaning, I believe our government will not agree to GMO in Nigeria.
I agree with what you just said , in my own opinion this  GMO  are generally produced for countries that lack agricultural food , it's certain that the white people tend to create artificial food which as op said is not a good thing .the human body tends to react to all the food because of the chemicals that are used in creating them and that makes them unhealthy.
 
 But for all it's worth it is certain that things like this doesn't reach Nigeria , we haven't been able to eat the once  we produce whats the point of introducing now food.
Post
Topic
Board Nigeria (Naija)
Re: Cybercafe and Repair shop vulnerability (Exchange/Wallet/Privacy Data)
by
George Edward
on 27/07/2025, 21:24:52 UTC
Cybercafe and Repair shop vulnerability


This brings me to ask,
What’s the best way to discard some of these devices way hold potential treats to our wallets, exchange and privacy concerned documents.


Omo, with the looks of it,   When repairing your device, you should always stay with the repairer to know what he or she is doing. Then, after that, I will require you physically destroying the device by smashing  the circuit  board to prevent data recovery. Because regret is one thing that doesn't go away, even if you try to avoid it. It better you just destroy the device.
Post
Topic
Board Beginners & Help
Re: The rise of Ai powered crypto scams
by
George Edward
on 26/07/2025, 17:02:27 UTC
I believe you already know that anything that have an advantage also have a disadvantage. I believe those who created the AI didn't create it for the wrong purpose but the thing is that also long as people can use it for educational purposes, other people can also use it for the wrong purpose. Right now it's very hard to detect an AI generated contents, which is why one really need to becareful with anything they come across online or offline.
yh I really agree with what you said , but the thing is that this scammers gets the best out of everything dey don't just explore it the always find away to make it look bad .
  This AI scam is a way of saying that there nothing that is impossible when it comes to how smart these  scammers are but the best way to deficit you enemies is to always be 1 step ahead of them .
Post
Topic
Board Politics and society (Naija)
Re: Nigerian men dying to impress side chicks.
by
George Edward
on 26/07/2025, 10:31:16 UTC
I

Omo, this one pass person handooo, e nor get as you go take tell some guys say no do, no do, dem go still do. Go dey put hand for where you no reach, like wtf! If woman dey complain say the guy na 2 minute man, that shows say that girl don dey do things dey come, that means she don see man way be 5 hours oga, you nor go run. Every one is created in different ways, so you  a lady shouldn't expect the same satisfaction from different guys.

To be sincere, this is a way of telling Nigeria youth say nor try to impress anybody, because once some get small money like that, their mind go tell dem say dem don arrive. Dem go can go carry woman .

Post
Topic
Board Beginners & Help
Topic OP
The rise of Ai powered crypto scams
by
George Edward
on 26/07/2025, 07:46:32 UTC
      As we all know, the level of scams is increasing at a high rate, with different unexpected ways to scam individuals, and most of these scammers target people who are most likely involved in crypto. In 2024, it was confirmed that the GASA Global Anti-Scam Alliance reported over $1.03 trillion lost to scammers. This is an example of how fast scams are rising. The good thing is that every member in the forum is contributing to making sure everyone stays informed. However, no one knows what the next strategy for scams would be.

Recently, I came across a new crypto scam involving AI I am sure most people may have come across it but just to inform those who haven't. After some research on this topic it is clear that AI has introduced new scam strategies, particularly concerning cryptocurrency and other platforms.
This link shows a woman who fell victim to this.  AI scam.
https://www.mcafee.com/blogs/privacy-identity-protection/ai-chatbots-are-becoming-romance-scammers-and-1-in-3-people-admit-they-could-fall-for-one/
Unlike traditional crypto scams that are easy to spot, AI powered scams have the speed, scale, and sophistication of modern machine learning models, making them more adaptive, harder to spot, and often convincingly human.

 Let me not take too much of you time reading I will like to quickly share the Common types of AI powered crypto scams. Examples includes

  • Deepfake scams:the AI can generate videos or images that looks exactly like famous celebrities , influencers.
       
  • AI customer support impersonation: Scammers use AI to Impersonates support agents from exchanges or wallet providers, majorly to extract i login credentials or recovery phrases.
  • Fraudulent automated trading platforms:  creating a complete trading websites and  mobile apps which is built around fake AI trading algorithms  that offers quick gains.   
  • Voice cloning and real time scam calls: AI replicates the voice of a person  you know which may be your family members  ,to urgently request access to a user’s wallet or crypto exchange account.
  • KYC bypass: Scammers use AI generated images or credentials to bypass KYC controls and two factor authentication (2FA).   
  • AI assisted pig butchering scams: these Scammers convinced you and then gain your trust weeks or months before they will advice  their victims to invest a large sums into fake crypto platforms, with AI supporting communication and content generation 


These AI scams make crypto scams more harder to detect mainly because legacy fraud detection systems wasn't designed to identify AI powered scams. Something that's so smart it can impersonate any user, even create fake investment platforms, is indeed a threat to the crypto space.

A lot of forum members have created topics to advise us on how to avoid these scams, which has truly helped us to stay informed. My advice to everyone is to continue doing research and stay safe because I believe that as long as every member in the forum continues to update or inform one another with information about scams, it will give us a chance not to fall victim to these scammers.
Post
Topic
Board Beginners & Help
Re: Don’t Learn the Hard Way — Share & Learn from Real Crypto Lessons
by
George Edward
on 25/07/2025, 12:44:54 UTC
My dad always told me a story of three brothers, whose parents tested with life questionnaires and here is the question; how many times will a thing happen to you before you learn your lesson?
First person responded, 4 times the third time I will definitely learn my lesson.
Second person said; 3 times and he would learn his lesson at that point and lastly.

The third person said; "it doesn't have to happen to me before I learn my lesson, instead I will learn from when it happens to my brother's."


Wow 😆, that was really funny and a smart move for the third person. Well, everyone makes mistakes, it's a part of being human that is inevitable. And those mistakes serve as a lesson to us, so it's not totally wrong to make a mistake. Don't get me wrong, I'm not trying to say a mistake is a good thing. But In this our cryptospace we make mistakes, but we can learn from them and become better investors and users.
Post
Topic
Board Nigeria (Naija)
Re: This info might be useful to someone out there.
by
George Edward
on 23/07/2025, 15:41:57 UTC
This is really a good opportunity for these kids to learn about the digital world. I used to remember when I was a kid, I loved playing with toys until I was 16 years old. But if you look at this new generation, they rather play with smartphones, computers, or video games than playing with toys. It's true that the world is advancing very fast in a way that it has impacted many people.
Post
Topic
Board Beginners & Help
Merits 7 from 2 users
Topic OP
Hard Fork in Cryptocurrency: A Dive into Bitcoin's Notable Split
by
George Edward
on 23/07/2025, 08:29:26 UTC
⭐ Merited by Mia Chloe (4) ,Nightwatchmare (3)
Well, I was just doing some research about Bitcoin and learned about Bitcoin forks. I know it might not be new to old folks, but I want newbies who are new to Bitcoin and aren't familiar with this to also be aware.

So ,After the invention of Bitcoin, there have been many other coins known as hard forks, all of which originally came from Bitcoin. The first Bitcoin fork was Bitcoin XT, but the most common and successful known hard fork is Bitcoin Cash. Bitcoin and Bitcoin Cash shared the same history and blockchain until the split on August 1st, 2017. The community couldn't agree on a solution for scalability, mainly due to the block size limit capped at 1 MB, which caused slow transaction times and high fees. This led to a split in the community, with some supporting the new chain (BCH) Bitcoin Cash with a new protocol, and others sticking with the original Bitcoin Core (BTC).


  Hard Forks and Soft Forks

Some people mistake all these forks with the original because they have "Bitcoin" in them, which is wrong. That's why there are two types of forks, hard and soft . so people can differentiate between hard forks and soft forks. To put it simply, a hard fork requires all network participants to upgrade to the new rule set and reject the old rules, while a soft fork continues to accept transactions created by the old rule set. The main difference between a hard fork and soft fork is the change in protocol is gradual.

_Examples of Hard Forks_

There have been several other splits resulting in hard forks, each with their own motive. Some examples include:

  • _Bitcoin XT (2015)_: Was the first notable hard fork of Bitcoin. It was launched by Mike Hearn in late 2015, and Bitcoin XT aimed for 24 transactions per second. To accomplish this, it proposed increasing the block size limit from one megabyte to eight megabytes. Bitcoin XT saw some success but was later abandoned in 2018
  • _Bitcoin Classic (2016)_: Unlike Bitcoin XT, Bitcoin Classic also had another attempt to increase the block size to only two megabytes.   
  • _Bitcoin Unlimited (2016)_: Proposed a very flexible block size limit, with nodes and miners limiting the size of blocks they accept, up to 16 megabytes. Despite everything, Bitcoin Unlimited failed to gain much acceptance. 
  • _Bitcoin Cash (2017)_:Split from the main blockchain, allowing for blocks of 32 MB, which speeds up network transaction processing times .
  •    _Bitcoin Gold (2017)_: Bitcoin Gold is a hard fork that followed Bitcoin Cash in June 2017. It proposed changing mining algorithms to ASIC-resistant.
  •   _Bitcoin Diamond (2017)_: The purpose was to increase the block size limit and change the mining algorithm.  [/li

    • Bitcoin Private (2018)_: As the name suggests, it merged with Zclassic to create a private cryptocurrency.   
    •   Bitcoin SV (2018)_: Created as a result of a split in the Bitcoin Cash community by a handful of figures surrounding Craig Wright, a person who claimed to be the original creator of Bitcoin. The aim was to restore the original Bitcoin protocol.       
         


    It is indeed certain that all these hard forks were either abandoned or forgotten, but Bitcoin Cash remains the most successful hard fork of the primary cryptocurrency. On June 17, 2025, it was the 13th largest digital currency by market cap. During a hard fork, all history is copied to the new blockchain, including transaction data and wallet addresses. This means that everyone who had coins on the original blockchain will automatically own the equivalent of the new cryptocurrency. However, the value of each coin will be determined by supply and demand.

    I'm happy to share this topic with everyone, and I hope everyone will learn and do further research to gain a deeper understanding. These hard forks may have the name "Bitcoin" in them, but this doesn't mean that the coins are better or worse than the original Bitcoin.
Post
Topic
Board Beginners & Help
Re: Bitcoin mining using an Android phone
by
George Edward
on 22/07/2025, 21:50:44 UTC
Dude, seriously, if you try such a thing, be ready to get a new phone. Mining bitcoin with a smartphone will first of all impact your battery life by draining and consuming your phone's energy, leading to your device getting spoilt.

No doubt, modern smartphones are more powerful than the first computer that was invented in the 1940s. But still, when it comes to Bitcoin mining, there are far more advanced and specialized computers for the job.

I'm sure you brought up this topic because phones are smaller computers, yes. But they have a limit to what they can handle.
Post
Topic
Board Nigeria (Naija)
Re: The processes to prevent scam.
by
George Edward
on 22/07/2025, 16:04:37 UTC
These are quality good points .The issue of scams is spreading very fast, and every day they come up with new strategies to scam people. And if you've noticed quite well, they are very convincing. As long as you don't know the person, that should tell an individual that they shouldn't engage with them.

Because these days, nothing comes for free, especially money. And when you fall for it, instantly you become a victim of scam, and that is something you can't go back from. You will only have pain and regrets.
Post
Topic
Board Economics
Re: France Wants People to Work More for Less
by
George Edward
on 22/07/2025, 10:24:50 UTC
Honestly speaking, if such a thing would happen in my country, I will likely be frustrated like the stress would be too much to handle, especially for parents. They might not even have time for their kids or any loved ones.

 if this kind of event happens in my country, it will definitely cause protests. And the funny part is that there would be no benefits from any of it that is not fair  .

Well, whether it is good? I believe that there are plenty of ways to address economic issues than taking away people's free time. And an event like this will definitely cause disagreement between both citizens and the government.
Post
Topic
Board Nigeria (Naija)
Merits 1 from 1 user
Re: 'We Can Double Your Bitcoin', why are Nigerians still falling for this in 2025?
by
George Edward
on 22/07/2025, 08:05:06 UTC
⭐ Merited by Igebotz (1)
OP what you just said is true  that double your money scam is really another major issue we are facing today in Nigeria. Let me add some more insight on how they do this thing base on what I was told and how we can protect ourselves.

Many people fall for scams like this due to the fact that they are looking for quick gain no doubt  which doesn't make any sense. First of all, when an individual is approached with such an offer ask yourself, in this our country dem still dey see  free money ?which is not possible That's what you should say to yourself, because everything comes with a price once you fall for such all you have is pain and regrets.

While some individuals might still fall for it, after paying a specific amount of funds to the scammers, the scammers might find a way to convince them to just leave it that it will grow. You might even see your money increase and then the scammer will approach you and tell you to keep investing. Because of the money you have  seen, the individual will send more money again. But when it reaches the time to withdraw, it becomes a problem. That's when most realize that it's a scam, but it's too late.

My advise is that it's good to always stay informed about everything, and when approached with such an offer and you know nothing about it find someone with knowledge about all these internet scams to confirm it, so you wont fall victim to it.
Post
Topic
Board Nigeria (Naija)
Merits 4 from 2 users
Re: Today's puzzle
by
George Edward
on 20/07/2025, 21:01:12 UTC
⭐ Merited by Mia Chloe (3) ,Jostern (1)
I'll try my best, but I'm not a tech expert.
You sent Payment A and B with different fee. A few was higher and B was very low fee. Payment B was first removed from the Bitcoin network and dropped, because its fee was too low probably when there was a congestion in the network.

Bitcoin miners prefer transactions with higher fees. When you sent Payment B again with a higher fee, miners accepted it, and it was then added to a block with Payment A.
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Topic
Board Nigeria (Naija)
Re: [Request] Report Unmerited Good Posts Here. OPEN
by
George Edward
on 18/07/2025, 22:36:02 UTC


1. Link to post: https://bitcointalk.org/index.php?topic=5550362.msg65590689#msg65590689
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User:George Edward
2. Link to   post: https://bitcointalk.org/index.php?topic=5550436.msg65597105#msg65597105
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3. Link to post: https://bitcointalk.org/index.php?topic=5550766.msg65595656#msg65595656
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4. Link to post: https://bitcointalk.org/index.php?topic=5549734.msg65580041#msg65580041Sub-
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5. Like to post: https://bitcointalk.org/index.php?topic=5548239.msg65533215#msg65533215Sub
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Board Nigeria (Naija)
Re: [Request] Report Unmerited Good Posts Here. OPEN
by
George Edward
on 18/07/2025, 22:33:50 UTC
1. Link to post:https://bitcointalk.org/index.php?topic=5550362.msg65590689#msg65590689
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User:George Edward
2. Link to   post:https://bitcointalk.org/index.php?topic=5550436.msg65597105#msg65597105
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User: George Edward

3. Link to post:https://bitcointalk.org/index.php?topic=5550766.msg65595656#msg65595656
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4. Link to post:https://bitcointalk.org/index.php?topic=5549734.msg65580041#msg65580041Sub-
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