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Showing 20 of 114 results by maikrothaman
Post
Topic
Board Bitcoin Discussion
create an anonymous blockchain
by
maikrothaman
on 27/12/2022, 15:49:16 UTC
What would satoshis vision be today? Vision on the ecosystem be different? Cross/side chains...bridges? Or more so just very simple economy p2p txs? So no massive amounts of apps/services/games etc? There are things C does well, just like Haskell, and solidity.. I wonder if THEY would ever come to terms with interoperability. BTC, Ethereum, and Cardano (c  ,solidity,haskell) have some great things coming along.

I suppose Satoshi would have study anonymous transactions. I guess he might have developed the Pandora Cash protocol because, well, digital currency should not be tracked by gov.
Post
Topic
Board Altcoin Discussion
Re: The reason Dogecoin could fail in the future
by
maikrothaman
on 26/12/2022, 18:15:44 UTC
It will not totally fail because obviously Elon Musk the Billionaire is supporting and still promoting it

Elon please pump it. Please write Twitters. Doge to the moon. I need money so that I can sell my doge shit coins to other stupid investors.  Undecided Undecided Undecided Undecided
Post
Topic
Board Announcements (Altcoins)
Re: how it works ?
by
maikrothaman
on 26/12/2022, 18:01:45 UTC
I just decided to create an account so I could ask you some questions. I think this technology is really cool. The biggest privacy problem might be resolved by this blockchain. I started to research this project, but I have a few concerns. Users had to scan their transactions on all other privacy coins to confirm which transaction was theirs. Clearly, this coin, Pandora Cash, operates differently. Could you please explain how this works?

- sr.offish

Although I'm unsure of the answer, I would advise you to join the Telegram/Discord group and post your query there instead. Only that Pandora Cash employs a fresh cryptographic system is all I know.

Thank you for your response. Without a doubt, I'll join the Discord server. I am eager to see how the project progresses. I believe that privacy is what cryptocurrency currently lacks. Privacy is THE area in which CBDCs may differ. This privacy issue is fixed by Pandora Cash.

IMO the project has strong fundamentals. In the first stage, everyone is fighting you.  It will take some time for people to adopt. Eventually everyone will recognize the value of privacy.
Post
Topic
Board Bitcoin Discussion
Re: [Megathread] Bitcoin: What is missing for everyone to use btc on a daily basis?
by
maikrothaman
on 26/12/2022, 17:58:17 UTC
It is very difficult to move millions of dollars with cash, which is the only justification I would accept for why it is bad.
There is no need to try and make justifications as to why cash is bad, or why it should be replaced by BTC, which it won't. BTC is more of a second option to fiat currencies, so it won't replace fiat, BTC users don't even predict a replacement of fiat by BTC.

Instead of trying to justify why fiat is bad, i would try to focus on the justification for which BTC is great as a currency, many BTC users use fiat because they don't have any choice, so their second currency is comfortably BTC, which gives them a choice to control things themselves, no third party, no censorship or possibility of confiscation, just the owner of the funds controlling the usage. People who use centralized exchanges are using BTC like fiat and the banks, BTC ought to be used through self custody, with trading through a decentralized exchange.

Though I understand what you're saying, bitcoiners should try to find a way to destroy fiat money.
Post
Topic
Board Bitcoin Discussion
Re: 400M Twitter users’ data is reportedly on sale in the black market
by
maikrothaman
on 26/12/2022, 17:56:02 UTC
Quote
400 million Twitter users’ data containing private emails and linked phone numbers have reportedly been up for sale on the black market.
This is more serious than I thought it was.

Or individuals should stop using phone numbers and emails as 2fa and centralized exchanges.

No one can track you if you use privacy coins.
Post
Topic
Board Project Development
Re: big project development, looking for investor/advertisers
by
maikrothaman
on 25/12/2022, 19:13:14 UTC
You better write a one-pager with a short idea about what's the project, how will it work, and why you think it's going to be a big project. If some investors find the idea is solid and there's a chance of flourishing the project in the future, they may decide to invest. It's not something they will reach you for just because you said it's going tom be a huge project. This is not how people look for investors of course. Bring the details to the table, I'm sure, you with an interesting ideas, will be able to reach the right guy. Otherwise, you will not be able to attract a single investor I think.


I would call it a big project to get a big investment to scam.

Projects aren't always scams. Some people create robust startups. I'm still waiting for his private message containing some specifics.
Post
Topic
Board Announcements (Altcoins)
Re: how it works ?
by
maikrothaman
on 25/12/2022, 19:07:23 UTC
I just decided to create an account so I could ask you some questions. I think this technology is really cool. The biggest privacy problem might be resolved by this blockchain. I started to research this project, but I have a few concerns. Users had to scan their transactions on all other privacy coins to confirm which transaction was theirs. Clearly, this coin, Pandora Cash, operates differently. Could you please explain how this works?

- sr.offish

Although I'm unsure of the answer, I would advise you to join the Telegram/Discord group and post your query there instead. Only that Pandora Cash employs a fresh cryptographic system is all I know.
Post
Topic
Board Bitcoin Discussion
Re: [Megathread] Bitcoin: What is missing for everyone to use btc on a daily basis?
by
maikrothaman
on 25/12/2022, 19:05:26 UTC
1. quickly 5 second math change. Most people these days don't even practice change math.
Actually, it's more of an uncomfortable situation rather than a "math" one. Some of you often don't carry cents, and you'll have to deal with the change after one of you has paid the merchant. Also, it's often difficult for small businesses to have lots of liquidity of banknotes and coins. You're not going to give a $50 banknote for a <$2 transaction, because it's just considered annoying from the merchant's part.

2. extremely difficult to track. Due to centralized exchanges, Bitcoin suffers from poor untraceability for the majority of users.
Well, if both you and the merchant use a centralized exchange, then yeah. But, if not, you're making it less trivial. Also, lightning network provides sufficient privacy for micro-transactions.

It is very difficult to move millions of dollars with cash, which is the only justification I would accept for why it is bad.
Post
Topic
Board Bitcoin Technical Support
Re: Recommended python library for beginners?
by
maikrothaman
on 25/12/2022, 13:55:42 UTC
I would choose this one if you are only interested in signatures and transactions: https://pypi.org/project/bitcoin/
Post
Topic
Board Bitcoin Discussion
Re: [Megathread] Bitcoin: What is missing for everyone to use btc on a daily basis?
by
maikrothaman
on 25/12/2022, 13:50:22 UTC
For the time being, I believe cash to be superior to Bitcoin. But if they manage to get rid of the money, cryptocurrency—especially privacy coins—will take its place as the new money.
That's the bet. Cryptocurrencies aren't going to be globally adopted until fiat currency is felt seriously and unreasonably debased. One scenario is that cash is repelled, and central banks introduce CBDC (which isn't as debased as cash, to attract). In fact, the central bank of EU has said this will happen in 2025, if I'm not mistaken.

Cash isn't superior to bitcoin, IMO. It usually annoys me to do the math for change when I'm out with friends. It's also easier to lose, and you don't have the history of your transactions (which is sometimes necessary).

I comprehend what you're saying. Nevertheless, the following are my top two justifications for choosing cash over, say, bitcoin.
1. quickly 5 second math change. Most people these days don't even practice change math.
2. extremely difficult to track. Due to centralized exchanges, Bitcoin suffers from poor untraceability for the majority of users.

I think the price of privacy coins will soar once cash is taken out of circulation because of this.
Post
Topic
Board Economics
Re: It's Simple to understood now cash is king again
by
maikrothaman
on 25/12/2022, 13:15:57 UTC
Cash is "king" for different reasons actually.
Here in my inflationary country USD (cash) is king because its liquidity and how stable it is in comparison to our local currency. It is a frictionless asset.

I believe we are living during challenging times where people have had to opt for credit and loans to try to survive, in this context it is obvious to see why cash would be more appreciated, added to the anonymity and wide acceptance around the world. Still we cannot ignore the disadvantages of the inflation and the measures that could be taken by a central authority.

There are also privacy coins that provide a similar level of privacy. One is the digital currency Monero. Another cryptocurrency that offers privacy by default and has 16 times bigger anonymity sets than monero is called Pandora Cash.
Post
Topic
Board Gambling
Re: A way to attract new users or a misunderstanding?
by
maikrothaman
on 25/12/2022, 13:13:14 UTC
A criminal certainly has many ways to escape and be free from his crime case.
But at least KYC can minimize this crime.
Indeed, it's actually easy to buy someone's identity to be able to make KYC and abuse it.
But in my opinion, in today's era, there are many smart people who don't want to sell their identity. Many of them are starting to realize and have thoughts and understanding of the importance of maintaining identity so that it is not known by others because it can be misused and in the end we are the ones who are harmed.


Granted, privacy is an important concern for many people, and there are legitimate reasons why we want to keep certain aspects of our personal lives private. I agree that many people do not want to sell their personal information and identity, however the way I see it, there are also many people who do not realize the value of their personal data, and they are willing to trade it for financial compensation.

There are many cases where people have given up their personal data for free, in exchange for some sort of service or offer. For example, if you sign up for a loyalty card at your local grocery store and get 5% off every time you shop there, then the store has just purchased your personal data from you—and they did so without having to pay anything other than the cost of producing the card itself.

There are also people who are not aware of how their personal data can be used to manipulate or influence them, or how it can be used in a way that compromises their privacy, and this is a problem. As consumers, we have to be vigilant and aware of how our data is collected, used and stored. And I believe we need to educate people about how their personal data can be used for good, and also how it can be misused by bad actors.


You're correct. Why privacy-enhancing features aren't built into these gambling platforms is beyond me.
Post
Topic
Board Bitcoin Discussion
Re: Problem with mass adoption of Bitcoin
by
maikrothaman
on 25/12/2022, 13:06:52 UTC

I think that this will hinder widespread adoption. What do all of you think?


Whales, in my opinion, are not the primary deterrent to widespread adoption of bitcoin. I believe that cash is much more user-friendly and practical than bitcoin. Alternatively, once the cash is gone, cryptocurrencies like bitcoin (possibly privacy coins) will take its place.
Post
Topic
Board Bitcoin Discussion
Re: [Megathread] Bitcoin: What is missing for everyone to use btc on a daily basis?
by
maikrothaman
on 25/12/2022, 13:01:49 UTC
Simple questions: Bitcoin: What is missing for everyone to use btc on a daily basis?
You might be surprised, but: the need. I can't convince someone to use bitcoin if they don't care about censorship resistance, nearly instant, cheap transaction settlement and privacy if they don't care about any of those. Tell them about censorship resistance and they'll respond with "I'm not going to do anything suspicious / bad for PayPal to suspend my account". Tell them about instant transactions and they'll respond with "PayPal is fine". Tell them about the fees, and they'll respond with "Revolut charges me zero" (without minding the merchant). Tell them about privacy and... Lol.  Roll Eyes

Now add the shitload amount of misinformation there is, the little demand, and the fluctuation in price.

For the time being, I believe cash to be superior to Bitcoin. But if they manage to get rid of the money, cryptocurrency—especially privacy coins—will take its place as the new money.
Post
Topic
Board Bitcoin Discussion
Privacy coins are the vaccines against the CBDC virus.
by
maikrothaman
on 24/12/2022, 19:40:34 UTC
Privacy coins are the vaccines against the CBDC virus.
Post
Topic
Board Bitcoin Discussion
Re: [Megathread] Bitcoin: What is missing for everyone to use btc on a daily basis?
by
maikrothaman
on 24/12/2022, 19:34:41 UTC
I think the appropriate title will be what is stopping BTC to use on daily basis based on the context you are proposed in you replies of this thread.

What stop me from using bitcoin is I can't find stores which accepts bitcoin rather than USD. i would love to see signs in the shop like BTC accepted here, government didn't made bitcoin as legal tender so its also not easy for the shops to accept it as which literally means government is stopping us from using BTC on a daily needs.

In the US, there are 30K websites that accept bitcoins. According to me, there is a gap in the protocol. What exactly, I'm not sure. awaiting your excellent responses.
Out of interest what statistics are your using to get that information and what criteria do you need to meet to be included? Is it simply websites that include 'bitcoin accepted here' on their website? Seems a lot and I bet a lot of them are scams and not legitimate businesses.

https://buybitcoinworldwide.com/how-many-businesses-accept-bitcoin/

Around 15,174 businesses worldwide accept Bitcoin. Aronud 2,300 of those businesses are located in the U.S.
As of April 2022, there are 36,659 Bitcoin ATMs available in the U.S.
Post
Topic
Board Legal
remain anonymous
by
maikrothaman
on 24/12/2022, 19:22:00 UTC
Utilizing localmonero is one option, but it can be time-consuming and has high fees. Use of the decentralized LibertyTown market is a comparable strategy. You switch between a BTC to PCASH, and then PCASH to bank account. Utilizing this strategy has the benefit of maintaining your anonymity.
Post
Topic
Board Bitcoin Discussion
Re: [Megathread] Bitcoin: What is missing for everyone to use btc on a daily basis?
by
maikrothaman
on 24/12/2022, 19:11:53 UTC
Its a new currency

BTC is no longer a "new currency," in my opinion.
Post
Topic
Board Securities
Re: Looking for investor - crypto gambling site
by
maikrothaman
on 24/12/2022, 19:10:23 UTC
Hey!
a web dev here.

One year ago I started developing my own crypto gambling casino and now I am at the stage where I need an investor to join me as a partner, in return he gets a percentage of the profits.
Budget needed: $5000-$10000

If this is something that interests you contact me for a more serious talk.

Telegram: hapeTHE1337
Discord: ZapeKing#1405

Give me the specifics in a private message. Since I am an angel investor, I have fund small projects with disruptive tech. Essentially, I want to know how much you have built, who is on your team, and how you plan to enter the market (strategies, etc. ).
Post
Topic
Board Bitcoin Discussion
Re: [Megathread] Bitcoin: What is missing for everyone to use btc on a daily basis?
by
maikrothaman
on 24/12/2022, 19:00:31 UTC
I think the appropriate title will be what is stopping BTC to use on daily basis based on the context you are proposed in you replies of this thread.

What stop me from using bitcoin is I can't find stores which accepts bitcoin rather than USD. i would love to see signs in the shop like BTC accepted here, government didn't made bitcoin as legal tender so its also not easy for the shops to accept it as which literally means government is stopping us from using BTC on a daily needs.

In the US, there are 30K websites that accept bitcoins.