Bitcointalk name: Silentcursor
Post link: https://bitcointalk.org/index.php?topic=5544693.0
Reason why Merit should be distributed: Nigeria is probably one of Africa's largest bitcoin market. We need all it takes to pull more adoption, create awareness and at the same time prove that anonymous transactions can be ascertained. I did some brainstorm on how kiosk for Bitcoin Anonymity Transactions in Nigeria can work. In the meantime feel free to check other post in technical and other boards.

Nigeria, probably Africa's largest bitcoin market needs all it takes to pull more adoption, i,prove anonymous transactions and easy accessible ways to transact. I know this might be a bit risky but due to the concern of Bitcoin ATM requiring ID and phone number it makes anonymity ineffective. Now the idea is Bitcoin Kiosk owned by a private individual, no ID required, no phone number. Ill show you how i plan it will work, more ideas can come in.


First choose a precise and secured location.

The kiosks could be placed in urban centers, marketplaces and big industrial areas and GRA's. Hardware, solar power should be availlbale in case of unstable electricity in that area.

Transaction Pair

Cash/BTC: Pay in Naira and Bitcoin will be sent instantly using lightning network channels, coinjoin or any available mixer.
BTC/Cash: Send BTC to the kiosk address withdraw Naira after confirmation. Use Bitcoin wallet that supports automatic generation of new receiving addresses (sub-addresses) for improved privacy.
Voucher Exchange: Buy or redeem Bitcoin vouchers/codes.

Challenges

In the meantime there is no band against Crypto in Nigeria anymore but the government is still hostile toward crypto activities in Nigeria through regulations and enforcement. How we choose to name the kiosks will matter a lot, no emphasis should be made on "Crypto" or "ATM". P2P, Non-custodian and Anonymity transactions is appropriate.

FYI

1. Seller/operator does not see the buyer’s face.
2. Buyer does not see the seller’s face.
3. No surveillance cameras or face exposure.

How it is Done

a. Gloved Hand to ensure no contact. The operator wears a hoodie, sunglasses, mask, and gloves.

b. QR Code Boards, display or place a printed QR code (fresh address every time) on a wall or on a screen.

c. Assign yourself a non-personal phone number via apps like TextNow, MySudo, or a local burner SIM. Also make use of a nickname not your real name.

d. Two-Way Drop Box  and Locker System

f. Mask your voice   Speak behind a curtain or use a cheap voice scrambler app.

I am open to more suggestions.

Yeah BlackRock Issues Bitcoin Warning, Says BTC Source Code Could Be Rendered ‘Flawed or Ineffective’ by Quantum Computing

BlackRock, which is the first ever successful Bitcoin ETF, now holds over 275,000 Bitcoins, through its shares Bitcoin Trust (IBTT). Recenyl they raised a concern that Bitcoin source code and cryptographic security could be broken, if not now but in the future by quantum computers which impose a huge risk to how large they hold Bitcoin. The concern is specifically on how fast quantum computers can advance.

Actually, everything (emails, banks, treasury, https website, messaging/privacy apps, VPN etc) will be rendered flawed or ineffective by quantum computing.

Forbes
Cointelegraph


Sources
THE DAILY HODL

Bitcoin will definitely be a serious target.
The US states and big companies like Tesla, MSTR, and El Salvador have large bitcoin reserved. They would care deeply if quantum attacks becomes a threat. Imagine national reserves being stolen what will happen to the nations economy. If billions in Bitcoin is lost due to quantum theft, it will reduce the trust in digital assets globally.

I like the new Sparrow wallet feature. This addition to their ecosystem can be especially handy for developers and anyone who frequently downloads software from the internet. I was hoping the new feature will be integrated in a newest version instead of the earlier version 1.8.3.

Initially warning appeared on Reddit two years ago, people dismissed the OP and trusted the fake positive reviews. And now the same situation has happened again here on BTT.

https://www.reddit.com/r/TREZOR/comments/148mqc9/godex_crypto_exchange/

May the fun time resume!

There was an onging Bitcoin development comeptition shared by a member here Competition to Break Bitcoin's Cryptography and win 1 BTC. Feel free to join.

The deadline has passed but while i open the project link - https://www.qdayprize.org/register. It says the competition is still on.

Yes like i said, i have been thinking of losing some sats now if it means i can get more in the long run. I am able to buy some fractions of Bitcoin, for privacy i wont tell the amount. I understand selling in a short while seem to be more of like getting quick profits but the case is different here. I want to sell a little sats here for investing in things that will help me earn more over time. More like a side hustle.

I don’t see it as losing sats. I see it as repositioning them. Sometimes you need to let go of a few now to control a lot more later. It feels more sensible to invest for long term not for short term. More reasons i am doing this is because i don't trust my job to last longer where i am working.

It's time you get some help or talk to someone to handle small tasks you can't do, like finding good posts each month to give merits, so you don't miss your duties. I see you have a lot going on. For instance Board moderator, LB merit source, Stake Sheriff and your own personal life too. Even if you don’t say it, it’s clear you need help.

First of all, this is a good initiative TryNinja. It looks simple but it's a powerful improvement to the forum experience. Being able to fully ignore users, including removing their quoted content, is a feature many members of the forum have wanted for years.

I think I might be the first to install this on my device, though I don’t have anyone to ignore at the moment.



I have one observations though; Why did you decide to replace the quote instead of completing removing the quote in the script below?

Instead of the Original


I tried this as it removes the quote block completely


I suppose the outcome would be the same, I happened to make an observation.

Having an alt account on Bitcointalk is allowed, as long as you don't use it or your main account to cheat or break forum rules.

Trump's approach of imposing tariffs and expecting other nations to follow suit against China was indeed a stupid idea. His actions affected the global economy, the American cried over it too. The issue disrupted supply chains, increase cost of manufacturers, and led to higher prices for consumers. I can remember vividly over hundreds of producers from China were all over Tiktok spilling secrets on how most of the American companies relies on their supply of raw materials, sometimes finished products for refurbishing. The idea that a trade war would coerce China into submission underestimated the resilience and global integration of China's economy. Instead of weakening China, it prompted them to seek new partnerships and markets, further diminishing the intended impact of the tariffs Trump expected.

It seems Trump forget all China needed is more partnership. If the Americans decide not to do business with China, many other countries will sure choose China side because of their economical strength. I dont want to dive deeper into the aspect of the number of countries that are debtors to China till date. Their loans even in a decade time cannot be paid back fully.

You can point a gun on someone to stay with you temporarily, but their loyalty will ultimately go to where they find sustenance and growth. This is the current global situation, where nations are gravitating towards China, seeking stability and development.

This response can be very misleading to people who don't understand the concept of setting goals before starting their investment. For an investor with a target you must have an effective goal that aligns with the target. From your statement you sound like an investor who is willing to sell at any point of profits. That will be a bad idea. It will be wrong if a new investor awaits a quick profit not too long he started his investment. The bigger profit in Bitcoin investment is long term plan. I don't mind the strategy used to in investing what really matter is how much can be accumulated and how long you kept it. There will always be a point where you can sell some part of your investment. But you need to wait for that time to come.

This thread is all about how you can use several investment method to your advantage. For example the DCA method, where you invest a fixed amount regularly, regardless of market fluctuations. This strategy can help reduce the impact of volatility and reduce the risk of making poorly timed investment decisions.

You've really nailed the idea that patience and consistency are key when it comes to Bitcoin investment. You're absolutely right about the numbers, and I completely agree with you on the 10% figure being more reasonable than some may think. The idea shows how much little contributions can yield a bountiful fruit over time. 10% is better than not investing at all, anything less than that may seem to be a little bit of problem especially if their income is too small. There are many investors facing this problem as we speak. They may be putting money into Bitcoin, but with such a small percentage, they may not be able to build the kind of position that has the potential to make a significant difference in the long run.

Those who have managed to accumulate significant amounts over the years are in a much better position than someone who only started putting in small percentages of their salary years down the line. This is exactly why I think that 10% is a more reasonable percentage. Sure, it might feel like a larger amount for those still struggling financially to commit to, but it’s a strategy that can truly set someone up for long-term success. It’s reasonable enough to make a meaningful difference in a reasonable amount of time, yet not so extreme that it risks someone’s financial stability. The aim isn't to invest with an amount that will affect someones financial stability in such a way that they end up touching their investment. This is exactly why it is a good reason to set up means to investment rather than starting an investment without proper preparation. Due to the fact that Bitcoin is a long term ride, it wont be profitable if an investor is unstable in his accumulation or if he relies on his accumulation for covering his lively expenses.

Partially you are making a good point but no one says you cant sell at all. The main point I think we need to keep in mind is just never sell it all. That’s the key. When you sell everything, you lock yourself out of potential future profits, and Bitcoin’s volatility is something we have to accept as part of its nature. But it doesn’t mean that every dip is a sign to sell or that every peak is a time to take profits. Fluctuations are normal and as long as Bitcoin exist we must see the ups and downs.

The real deal with Bitcoin is not to get swept up in the short-term swings. No matter the amount of Bitcoin we have accumulate and how long we have held on to it. Always hold on to a good portion, even when things are uncertain. That’s how you really build wealth in the long run.

Wrong
What suits your preference might not be the most reliable approach to your investment. The thing about trying to study the market like you said earlier is that you have to time your buys and your sells. It is very risk to do that when you are a Bitcoin investor.

Timing the market is a strategy that even preference traders struggles with and it is exactly why it is dangerous for investors to practice it. When you focus on timing the market, you are putting a lot of pressure on yourself, and not one can really predict the future accurately. And as you try to sell for short term profits you will miss out on the bigger gains over the long run. If you are not sure of holding your Bitcoin for the long term then you shouldn't have started your investment in the first place.

I feel it is more better for an investor to look back at the massive growth of Bitcoin overtime for them to see more reasons why they need to hold for long term..remove the mindset o constantly trying to figure out the perfect moment to sell and then buy again, because you will be automatically acting more like a trader than an investor. The whole point of investing for long term especially in an asset like Bitcoin is to buy and hodl and not to be obsess over quick profits.

You should’ve just reported the topic to the moderators, they're the ones who decide if it’s off-topic.

Or are you trying to do their job for them?

This is not the first time, similar complaint have been made. The most common issue is the cloudf;are / DDps protection. Since bitcointalk uses DDos protection mechincism like cloudfare these service sometimes block traffic from Tor, speifically on mobile device where users are less.

How to access Bitcointalk using Tor

It is impossible now to access Bitcointalk with TOR


Try using mobile apps for Bitcointalk instead

Time takes a very big space in the body of investment. bitcoin has been a very productive asset it is reliable in terms of investment and its passed result has shown how aggressive it is in its bullishness. There is even quite a chance that in the next 10 years bitcoin might surprisingly reach $1 million.
Imagine in you having something worth $800k to $1m in your name in the next 10 years how great will you feel? ten years no really far ooh.
So me personally i see no use selling it once it reaches 100k, its an investment, investment is all about time and patience.
in a time of emergency also you will have it as back up