Discipline Quotes

My inspiration for this page was given to me by my new aquired friend, a fellow Truth Seeker – Joris and to whom I dedicate this page…

Wish you… as well as to all my readers, to find a sparkle of wisdom in these quotes, that shall illuminate your path/s….

Always in my heart and thoughts, to my dearest copacel Emily, my sweet bumblebee, may you always seak greatness and never ask for permission and always guided by the light of Papi’s simple way of life-called by giants upon shoulders we walkon… simply :

โ–ช๏ธŽ โ˜† โ–ช๏ธŽ Sapere Aude โ–ช๏ธŽ โ˜† โ–ช๏ธŽ



โ€œYou will never have a greater or lesser dominion than that over yourself…

the height of a man’s success is gauged by his self-mastery;

the depth of his failure by his self-abandonment. …

And this law is the expression of eternal justice.

He who cannot establish dominion over himself will have no dominion over others.โ€

Leonardo da Vinci

โ€œFreedom is not attained through the satisfaction of desires, but through the suppression of desires.โ€

Epictetus

โ€œThe day you realise what small, incremental progress can achieve over a period of time, you would agree that SMALL is actually BIG, very BIG !!

If you increase your daily productivity by just 1%, you end up doing 37.7 times more work by the end of the year – yes 37.7 times.

1 x 1 x 1…..365 times = 1
1.01 x 1.01 x 1.01 …… 365 times = 37.7

Same way, Financial Freedom Planning is just the beginning.

But only those who continue to go through the grind, track their financial freedom journey month on month – for years together, manifest the true power of SMALL !โ€

Manoj Arora, “Dream On”

โ€œMore men are beaten than fail.

It is not wisdom they need or money, or brilliance, or “pull,” but just plain gristle and bone.

This rude, simple, primitive power which we call “stick-to-it-iveness” is the uncrowned king of the world of endeavour.

People are utterly wrong in their slant upon things.

They see the successes that men have made and somehow they appear to be easy.

But that is a world away from the facts.

It is failure that is easy.

Success is always hard.

A man can fail in ease; he can succeed only by paying out all that he has and is.โ€

Henry Ford, “My Life and Work”

โ€œWhere the way is hardest, there go thou; Follow your own path and let people talk.โ€

Dante Alighieri

โ€œDo not train a child to learn by force or harshness; but direct them to it by what amuses their minds, so that you may be better able to discover with accuracy the peculiar bent of the genius of each.โ€

Plato

โ€œWhether our action is wholesome or unwholesome depends on whether that action or deed arises from a disciplined or undisciplined state of mind.

It is felt that a disciplined mind leads to happiness and an undisciplined mind leads to suffering, and in fact it is said that bringing about discipline within one’s mind is the essence of the Buddha’s teaching.โ€

Dalai Lama XIV, “The Art of Happiness”

โ€œIf you wish to be out front, then act as if you were behind.โ€

Lao-Tsze

โ€œIf soldiers are punished before they have grown attached to you, they will not prove submissive;
and, unless submissive, then will be practically useless. If, when the soldiers have become attached
to you, punishments are not enforced, they will still be unless.โ€

Sun Tzu, “The Art of War, Sun Tzu”

โ€œThe overman…

Who has organized the chaos of his passions, given style to his character, and become creative.

Aware of life’s terrors, he affirms life without resentment. โ€

Friedrich Nietzsche

โ€œIs it surprising that the cellular prison, with its regular chronologies, forced labour, its authorities of surveillance and registration, its experts in normality, who continue and multiply the functions of the judge, should have become the modern instrument of penality?

Is it surprising that prisons resemble factories, schools, barracks, hospitals, which all resemble prisons?โ€

Michel Foucault

โ€œWhen I was a boy of seven or eight I read a novel untitled “Abafi” โ€” The Son of Aba โ€” a Servian translation from the Hungarian of Josika, a writer of renown.

The lessons it teaches are much like those of “Ben Hur,” and in this respect it might be viewed as anticipatory of the work of Wallace.

The possibilities of will-power and self-control appealed tremendously to my vivid imagination, and I began to discipline myself.

Had I a sweet cake or a juicy apple which I was dying to eat I would give it to another boy and go through the tortures of Tantalus, pained but satisfied.

Had I some difficult task before me which was exhausting I would attack it again and again until it was done.

So I practiced day by day from morning till night.

At first it called for a vigorous mental effort directed against disposition and desire, but as years went by the conflict lessened and finally my will and wish became identical.โ€

Nikola Tesla

โ€œIt is not more vacation we need โ€” it is more vocation.โ€

Eleanor Roosevelt

โ€œWords, words, words.

Whereas one needs deeds!โ€

Dostoyevsky

โ€œIf I feel like it and if I can be bothered to, I will talk to you about the notion of “repression,” which has, I think, the twofold disadvantage, in the use that is made of it, of making obscure reference to a certain theory of sovereigntyโ€”the theory of the sovereign rights of the individualโ€”and of bringing into
play, when it is used, a whole set of psychological references borrowed from the human sciences, or in other words from discourses and practices that relate to the disciplinary domain.

I think that the notion of “repression” is still, whatever critical use we try to make of it, a juridico-disciplinary notion; and to that extent the critical use of the notion of “repression” is tainted, spoiled, and rotten from the outset because it implies both a juridical reference to sovereignty and a disciplinary reference to normalization.โ€

Michel Foucault,
“Society Must Be Defended: Lectures at the Collรจge de France”
(1975-1976)

โ€œMore men are beaten than fail.

It is not wisdom they need or money, or brilliance, or “pull,” but just plain gristle and bone.

This rude, simple, primitive power which we call “stick-to-it-iveness” is the uncrowned king of the world of endeavour.

People are utterly wrong in their slant upon things.

They see the successes that men have made and somehow they appear to be easy.

But that is a world away from the facts.

It is failure that is easy.

Success is always hard.

A man can fail in ease; he can succeed only by paying out all that he has and is.โ€

Henry Ford, My Life and Work

โ€œStudent – “It is not that I do not delight in your Way, Master, it is simply that my strength is insufficient.”

Confucius – “Someone whose strength is genuinely insufficient collapses somewhere along the Way. As for you, you deliberately draw the line.โ€

Confucius

โ€œYou put a hard question on the virtue of discipline.

What you say is true: I do value itโ€”and I think that you do tooโ€”more than for its earthly fruit, proficiency.

I think that one can give only a metaphysical ground for this evaluation; but the variety of metaphysics which gave an answer to your question has been very great, the metaphysics themselves very disparate: the bhagavad gita, Ecclesiastes, the Stoa, the beginning of the Laws, Hugo of St Victor, St Thomas, John of the Cross, Spinoza.

This very great disparity suggests that the fact that discipline is good for the soul is more fundamental than any of the grounds given for its goodness.

I believe that through discipline, though not through discipline alone, we can achieve serenity, and a certain small but precious measure of freedom from the accidents of incarnation, and charity, and that detachment which preserves the world which it renounces.

I believe that through discipline we can learn to preserve what is essential to our happiness in more and more adverse circumstances, and to abandon with simplicity what would else have seemed to us indispensable; that we come a little to see the world without the gross distortion of personal desire, and in seeing it so, accept more easily our earthly privation and its earthly horrorโ€”But because I believe that the reward of discipline is greater than its immediate objective, I would not have you think that discipline without objective is possible: in its nature discipline involves the subjection of the soul to some perhaps minor end; and that end must be real, if the discipline is not to be factitious.

Therefore I think that all things which evoke discipline: study, and our duties to men and to the commonwealth, war, and personal hardship, and even the need for subsistence, ought to be greeted by us with profound gratitude, for only through them can we attain to the least detachment;

and only so can we know peace.โ€

J. Robert Oppenheimer

โ€œBecause I have no natural gifts, shall I on that account give up my discipline?

Far be it from me!

Epictetus will not be better than Socrates, but if only I am not worse, that suffices me.

For I shall not be a Milo, either, and yet I do not neglect my body, nor a Croesus, and yet I do not neglect my property, nor, in a word, is there any other field in which we give up the appropriate discipline merely from despair of attaining the highest.โ€

Epictetus, Epictetus
The Discourses as Reported
By Arrian. Vol. I. Books 1 and 2
With an English Translation By W. A. Oldfather

โ€œWe are, each of us, largely responsible for what gets put into our brains, for what, as adults, we wind up caring for and knowing about.

No longer at the mercy of the reptile brain, we can change ourselves.โ€

Carl Sagan, “Cosmos”

โ€œTake students today

They are in some ways freer than they were 60 years ago in their attitudes and commitments and so on.

On the other hand they are more disciplined.

They are disciplined by debt.

Part of the reasoning for arranging education so you come out with heavy debt is so you are disciplined.

Take the last 20 yearsโ€”the neo-liberal years roughlyโ€”a very striking part of what is called “globalization” is just aimed at discipline.

It wants to eliminate freedom of choice and impose discipline.

How do you do that?

Well, if you’re a couple in the U.S. now, each working 50 hours a week to put food on the table, you don’t have time to think about how to become a libertarian socialist.

When what you are worried about is “how can I get food on the table?” or “I’ve got kids to take care of, and when they are sick I’ve got to go to work and what’s going to happen to them?”

Those are very well-designed techniques of imposing discipline.โ€

Noam Chomsky, “Chomsky On Anarchism”

“Each day you must choose, the pain of discipline or the pain of regret.”

Eric Mangini

โ€œRevolutionaryโ€™ discipline depends on political consciousness โ€“ on an understanding of why orders must be obeyed; it takes time to diffuse this, but it also takes time to drill a man into an automaton on the barrack-square.โ€

George Orwell, “Homage to Catalonia”

โ€œWhat is generally known as discipline in traditional schools is not activity, but immobility and silence.

It is not discipline, but something that festers inside a child, arousing his rebellious feelings.โ€

Maria Montessori,
“Creative Development in the Child: The Montessori Approach, Volume One”

โ€œAs you grow in true spiritual power and understanding you will actually find that many outer rules and regulations will become unnecessary; but this will be because you have really risen above them; never, never, because you have fallen below them.

This point in your development, where your understanding of Truth enables you to dispense with certain outer props and regulations, is the Spiritual Coming of Age.

When you really are no longer spiritually a minor, you will cease to need some of the outer observances that formerly seemed indispensable; but your resulting life will be purer, truer, freer, and less selfish than it was before; and that is the test.โ€

Emmet Fox,
“The Sermon on the Mount:
The Key to Success in Life”

“Discipline is choosing between what you want now, and what you want most.”

Abraham Lincoln

“Success is nothing more than a few simple disciplines, practiced every day.”

Jim Rohn

“Discipline is the foundation upon which all success is built.

Lack of discipline inevitably leads to failure.”

Jim Rohn

“Seek freedom and become captive of your desires.

Seek discipline and find your liberty.”

Frank Herbert

“Lack of discipline leads to frustration and self-loathing.”

Marie Chapian

To enjoy good health, to bring true happiness to one’s family, to bring peace to all, one must first discipline and control one’s own mind.

If a man can control his mind he can find the way to Enlightenment, and all wisdom and virtue will naturally come to him.

Gautama Buddha

“Genius is the capacity for receiving and improving by discipline.”

George Eliot




With ๐Ÿงก

CBDC’s Tyranny Is Coming


How & Why You should Prepare


Or Not !!!
For the Future Generations sake…

Here are just a few examples of what that sort of total control may look like:


Government in total control

The government could not only withhold money whenever they deemed fit but they could also devalue the currency.


Lack of privacy

The government will be aware of all of your financial information, what you owe and to whom, what you are spending money on, and what assets you have.


The end of personal security

No longer can you โ€œhideโ€ savings under your mattress. The government will always know how much you have and will have access to it.


Tracking of purchases

The government will be able to track everything you purchaseโ€”and potentially stop you from buying it. Letโ€™s say it is something the political party in charge disagrees with, such as legalized marijuana. They can track you and prevent you from purchasing it again.


Tracking pornography purchases, abortion payments, tax evasion, and more…

While you may not think this is a bad idea, what if it goes a step further? What if they think you need to eat less red meat?


Hacking and data breaches

My head spins just thinking of all the ways a CBDC could be attacked by hackers or cyber terrorists.


Educate Yourselves folks :

https://news.bitcoin.com/why-the-rise-of-the-cbdc-is-bad-for-your-privacy

https://edwardsnowden.substack.com/p/cbdcs

https://www.themainewire.com/2022/11/cbdc-bitcoin

https://www.dallasnews.com/opinion/2022/11/06/a-central-bank-cryptocurrency-the-us-should-reject-it

https://www.nasdaq.com/articles/bitcoin-policy-institute-calls-on-u.s.-to-reject-its-central-bank-digital-currency

https://fee.org/articles/why-a-digital-dollar-is-a-really-bad-idea

https://theconversation.com/central-bank-digital-currencies-could-mean-the-end-of-democracy-187505

https://www.adamseconomics.com/post/the-potential-orwellian-horror-of-central-bank-digital-currencies

https://www.coindesk.com/layer2/2022/10/14/against-cbdcs-and-the-politicization-of-money

https://mises.org/wire/digital-currency-fed-moves-toward-monetary-totalitarianism

https://www.cato.org/blog/update-two-thirds-commenters-concerned-about-cbdc

https://www.coincenter.org/without-privacy-do-we-really-want-a-digital-dollar

https://bitcoinmagazine.com/culture/digital-dollar-threat-civil-liberties

https://www.newsweek.com/cbdcs-will-end-american-freedom-opinion-1673676

https://beincrypto.com/problem-cbdcs-surrendering-total-surveillance-control

https://www.cato.org/working-paper/central-bank-digital-currency-assessing-risks-dispelling-myths

https://www.cato.org/briefing-paper/central-bank-digital-currency

https://www.dallasnews.com/opinion/2022/11/06/a-central-bank-cryptocurrency-the-us-should-reject-it

https://www.theepochtimes.com/central-bank-digital-currency-tyranny-is-coming-how-to-prepare_5054210.html

https://cointelegraph.com/news/us-senator-ted-cruz-tries-again-with-new-bill-to-block-cbdc

https://tokenhell.com/congressmen-voice-concerns-over-the-features-of-the-us-cbdc

https://www.forbes.com/sites/norbertmichel/2022/04/12/central-bank-digital-currencies-are-about-control–they-should-be-stopped

https://www.forbes.com/sites/norbertmichel/2022/12/15/the-federal-reserve-should-drop-fednow-and-any-plans-to-launch-a-cbdc

https://pomp.substack.com/p/central-bank-digital-currencies-will

https://hackernoon.com/cbdcs-the-folly-of-digital-fiat

https://www.btcpolicy.org/articles/why-the-u-s-should-reject-central-bank-digital-currencies


Cbdc Initiatives




100 Based things



Here is a list of 100 of the best based things:

  • Writing clever, articulate and edgy raps โ€“ Based
  • Eating food with no care for nutrition โ€“ based
  • Making jokes at the expense of politcally correct people โ€“ based
  • Creating witty and inspired retorts โ€“ based
  • Refusing to conform to society’s expectations โ€“ based
  • Developing viral content โ€“ based
  • Dreaming without the boundaries of reality โ€“ based
  • Taking no sh*t from anyone โ€“ based
  • Standing up for what is right โ€“ based
  • Throwing away societyโ€™s conventions โ€“ based
  • Experimenting with new ideas โ€“ based
  • Making creative use of your skills โ€“ based
  • Celebrating all forms of success โ€“ based
  • Questioning the world around you โ€“ based
  • Expressing yourself through Art โ€“ based
  • Learning from your mistakes โ€“ based
  • Breaking the mold โ€“ based
  • Making bold statements โ€“ based
  • Improvising on the fly โ€“ based
  • Challenging the status quo โ€“ based
  • Working hard without complaining โ€“ based
  • Respecting othersโ€™ opinions โ€“ based
  • Venturing beyond your comfort zone โ€“ based
  • Befriending other outliers โ€“ based
  • Taking risks, but staying safe โ€“ based
  • Developing mental strength โ€“ based
  • Acknowledging the beauty of the world โ€“ based
  • Choosing courage over fear โ€“ based
  • Embracing your uniqueness โ€“ based
  • Worrying less, but achieving more โ€“ based
  • Being a loyal friend โ€“ based
  • Working to help others โ€“ based
  • Succeeding in your own way โ€“ based
  • Standing up for the weak โ€“ based
  • Being honest about your failures โ€“ based
  • Tackling the world with passion โ€“ based
  • Leading without authority โ€“ based
  • Accepting your flaws โ€“ based
  • Owning up to them โ€“ based
  • Motivating yourself to go further โ€“ based
  • Making informed decisions โ€“ based
  • Listening to and understanding others โ€“based
  • Analyzing problems and finding solutions โ€“ based
  • Seeing the world differently โ€“ based
  • Working against money-grubbing corporations โ€“ based
  • Refusing to be controlled by social media โ€“ based
  • Taking responsibility for your actions โ€“ based
  • Rejecting the influence of peer pressure โ€“ based
  • Showing gratitude for what you have โ€“ based
  • Developing a thick skin โ€“ based
  • Not taking no for an answer โ€“ based
  • Embracing the joy of risk-taking โ€“ based
  • Winning without gloating โ€“ based
  • Taking time for yourself โ€“ based
  • Diversifying your investments โ€“ based
  • Helping others around you succeed โ€“ based
  • Avoiding useless debates โ€“ based
  • Refusing to give into oppression โ€“ based
  • Going against the grain โ€“ based
  • Moving through life with grace โ€“ based
  • Not caring about popular opinion โ€“ based
  • Not caving into herd mentality โ€“ based
  • Outwitting conventional wisdom โ€“ based
  • Standing your ground against bullies โ€“ based
  • Reclaiming lost ground โ€“ based
  • Detaching yourself from material possessions โ€“ based
  • Questioning authority โ€“ based
  • Resisting unjust power โ€“ based
  • Ignoring criticism โ€“ based
  • Seeing through deception โ€“ based
  • Overcoming adversity โ€“ based
  • Pursuing excellence โ€“ based
  • Living life without regrets โ€“ based
  • Becoming Unbreakable โ€“ based
  • Following your gut feeling โ€“ based
  • Slaying the dragon of Conformity โ€“ based
  • Crushing comfort zones โ€“ based
  • Exploring the unknown โ€“ based
  • Keeping a cool head in a crisis โ€“ based
  • Analyzing data intelligently โ€“ based
  • Not wasting time with gossip โ€“ based
  • Adopting a Zero-Tolerance policy โ€“ based
  • Connecting with likeminded people โ€“ based
  • Committing thought crimes โ€“ based
  • Spreading your message โ€“ based
  • Asserting your autonomy โ€“ based
  • Resolving conflicts quickly โ€“ based
  • Not conforming to gender roles โ€“ based
  • Refusing to settle for mediocrity โ€“ based
  • Not taking life too seriously โ€“ based
  • Living life to the fullest โ€“ based
  • Rewriting stories with your own pen โ€“ based
  • Expressing yourself without limits โ€“ based
  • Being You – based

Trust is not based, and relying on trust is unbased. It is foolish to ever trust someone, because the only way to truly ensure that what someone is saying is true is to verify it yourself.

Relying on trust to make important decisions is the same as not making decisions at all, which would be why wise people have always told each other to never trust anyone, ever.

Instead, one should always verify all information, or else make use of carefully-chosen massive liabilities and hedges, so as to eliminate the need to trust.


Btw, did I mentioned the list was made by a Non-Human, Red-Pilled Entity ๐Ÿ˜๐Ÿ˜‹๐Ÿคฃ

I would love to hear thoughts, opinions and critics about this, from you all dear readers.





Computer Dude Inc.

So – You want to be a Computer Dude?

The word / expression “Dude” is not a reference to being male, female, or whatever, it is a designation of “Skill Level.”

When we go surfing – anyone rated “Dude” just means they have the skill to surf safely, do stunts; and did not have to be watched by
the others for group safety.. :)Todd


This is what a “Computer Dude” needs to know to work with one of my companies.in 2023.

Dude Basic Skills – 2023

  • Can you setup a Single Board Computer (SBC), such as the Raspberry Pi 4B (RPI), to boot off USB 3.1 or faster?
  • Can you setup a RPI to run in 64 Bit Mode?
  • Can you setup a RAMDISK on the RPI to run the OS?
  • Can you setup a RPI as an Apache Web Host?
  • Can you setup an MySQL or other SQL database on a RPI?
  • Can you setup a basic HTML only Website?
  • Can you convert a CSV document to an SQL Database and back again?

Computer Dude Advanced Skills:

  • Can you cluster RPI’s?
  • Can you load VMware ESXi on a RPI, AMD or INTEL chipsets?
  • Can you P2V and run Linux Virtual Machines – Workstation and Server on a RPI VMware Sphere?

Computer Dudes Jedi level skills:

  • Can you identify the chipsets and overclock an RPI or change its functions?
  • Can you run Aircrack and John the Ripper on RPI? In cluster mode with RPI? Custom rules and Dictionary?
  • Can you virtualize Droid and Mac operating systems?
  • Can you setup an RPI as a Router or Virtual Router Cluster?
  • Can you encrypt data from an HTML or other Web Form before it leaves the workstation and before it enters the database?

Computer Dudes Yoda level skills:

  • Can you build and manage a large VMware Sphere with active routing and active scanning VMware bots and servers?
  • Can your servers automatically respond to an attack?
  • Can you create or work with encryption that is non-standard and to higher quality and security than a current computer encryption no matter what the OS?
  • Can you do all of the above on an Intel Chipset using Microsoft Virtualization and HyperV?
  • Can you plan and build a small data center?
  • Can you repair and reactivate a disaster damaged data center with no power?

These are the BASIC to JEDI / Yoda skill levels of a Computer Dude in 2023.

Your Friend and Founder of The Computer Dudes, Inc.- Since 1997.
Todd W. Byars
Computer Dudes

PS All of these skills can be Self Taught, learned in certification classes and from tech schools and colleges.

Source and all credit goes to:

The Computer Dudes Inc

http://www.thecomputerdudesinc.com


Our Motto is “Nothing is Impossible.”

Just ask us, we will build you anything. – Todd W. Byars, Founder





Happy Holidays 2022


To all of you out there, white, black, yellow , green and avatar ๐Ÿ˜๐Ÿ˜‹๐Ÿคฃ๐Ÿ˜๐Ÿ˜‹

I wish you all Happy Holidays, Joy and Happiness, with family, friends and loved ones !!!

Remember thou, you don’t need a certain day to be good, but be good and kind All Year Around and maybe like this together the world with change…

It starts deep within, with you and me… Don’t delude yourself saying who am I ? or I’m too little to change something…

Please do remember, in 2010 there where only 2 dots… Two “insignificant” โ€ข โ€ข ‘s that mined bitcoin Satoshi Nakamoto and Hal Finney !

Take a look at the network now… Take a look at what 2 โ€ข โ€ข ‘s did ๐Ÿ™‚ ๐Ÿ˜‰

238.431 Ehash/s Total HashRate from 2 Cpu mining computers !!!

You tend to FORGET :

We Are The People !!!




Bitcoin’s Store of Value

To any intelligent observer, it has been apparent that bitcoinโ€™s primary use has emerged to be store of value/investment.

Yes, bitcoinโ€™s decentralized/permissionless solution to creating an immutable cryptographically secured database brings a vast array of different potential revolutionary applications not seen since the advent of the internet but again, the primary use has emerged to be store of value/investment.

bitcoin has been so good at this store of value thing that it has becomeย detrimentally ย successful – enter the (well-funded) hacks and puppetsโ€ฆattacks from the outside and from within – some of which via spread of (FUD) tangent ideas with coders, media, investors, and within bitcoin community to maybe start an idea of even โ€˜slightโ€™ change.

First, please realize no other tool in modern-day finance has been so successful at being anย effectiveย savings mechanism which unlike traditional โ€˜savings accountsโ€™ this bitcoin actually keeps up in value for you to be able to afford higher cost of rent, education, healthcare, vacations, etc. (due to its beautiful combination of scarcity, a ceiling of 21mill coins, immutable, permissionless->not controlled/influenced, secure, and being established/developed).

This effective savings tool of bitcoin is made accessible to the 99% of us and cuts to the core of exposing the flaw of the central bank fiat system with its funny-money creation out of thin air paper/credit-currencies benefiting the privileged institutions and then last to benefit would be the rest of us.

It can also expose flaws of fraudulent funneling of extra paper-currencies created by central banksโ€ฆnow think, even those privy to any fraudulent funneling of funny-money will see whatโ€™s going on and understand something like bitcoin as an alternative being effectively immune to these games that even these bad-actors themselves would buy bitcoin! Bitcoin changes the paradigm of central-bank funny-money (Bitcoin is the anti-funny-money warrior: open & mechanism)โ€ฆ.and it has taken offโ€ฆ.and will catch the attention of the central banks who by definition, have nearly unlimited systemic resources and influence (think governments, telecoms ISP providers, hardware/chip manufacturers, software developers, search engines, exchange conartists).

Even if a hard-fork doesnโ€™t happen anytime in the next couple of years, itโ€™s the threat that an attack on this pure beautiful store of value system to something even slightly different that can actually gain a noticeable percentage raises the questionโ€ฆis it possible that someday that the groups influencing bitcoin (those controlling mining or those involved with coding development, or the rest buy/transacting in bitcoin) would (either out of ignorance/misunderstanding or out of vested-interest to undermine bitcoin) start demanding (even slight) changes that may contradict the store-of-value that bitcoin is???

That is the big question that if the answer starts looking like yesโ€ฆthen value would plummet as bitcoin no longer be seen as a store of value but would eventually turn into another app coin (i.e. Ethereum) that can do many amazing things but not the one store-value amazing thing that it has done these past few years. the price would be zero-bound (compared to what weโ€™ve been accustomed to with bitcoin today).

If the answer to that question is no (that you reading this, this community, software coders, mining operators, investors, everyday folk, work to stay educated on the above and act to keep the integrity of this bitcoin system)โ€ฆthen even a $50 billion market cap would still be seen as trivial in the financial assets arena where one bitcoin can easily go above $5,000 USD. But really, as the years pack on and integrity remains intact, the price would be infinity-bound. 





Beware of Scams !!!

Beware !!!

Just as the crypto industry is expanding and getting local adoption from individuals, co-operations, organisations and few countries  the same rate at which we have crypto enthusiast increasing in number which i see so worrisome and also a call for major concern.

Reason been that as more people get involved in the crypto business the more scammers are likely to increase their technique and the more scammers get recruited.

To avoid walking on scammers path, requires to be well informed of every new technique they can ever deploy against their potential victim.


To stay off scammers path users must:


  • Avoid phishing links.
  • Make sure to pay attention to the spelling of the website, as well as their URL as this can reveal whether it is a phishing site or not.
  • Never invest in a project without a well structured community
  • Pay close attention to the engagement within the community for suspicious activities
  • Ensure you assets are off CEX
  • Be more smart and less greedy
  • Don’t jump into a project/coin only based on the hype from advertisers (especially twitter)
  • Avoid any “too good to be true” investment
  • Avoid send me 1$ and I’ll send back 2$ scams, no matter how reputable is the account calling for that
  • Protect your coins (keep your coins on your wallet, use hardware wallet where possible, never give out wallet’s seed, keep backup seed offline)
  • Don’t be greedy and/or illiterate.
  • Be sure to feed yourself with necessary knowledge, if you want to invest.
  • Knowledge from experience is good but you can also take legitimate one from other people.
  • Not everything that is being offered to you is true. Do not be deceived.
  • Be careful who you are trusting.
  • Always be skeptical !!!
  • Enable Two-factor authentication for all your accounts.
  • Using of firewalls.
  • Installing an up to date anti virus software.
  • Use strong passwords and yet easily accessible ones for your convenience.
  • Stay away from malicious links or attachments you come across on the web.
  • Make sure your private keys are well stored and in hard wallet
  • Make sure your passwords are not vulnerable online to attacks i.e donโ€™t store passwords online or any website
  • Whenever a stranger message you first for a business or an investment, it is a Red flag.
  • Someone who doesn’t know you would want you to make big money, another Red flag.
  • Whenever they introduce a” business opportunity” to you and then hasten you in order make you take a hasty decision it’s not  genuine, they are trying their best to make you take a fast decision without telling your loved ones and friends who will discourage you.
  • It is safer to  assume anyone you don’t know, communicating with you is a scammer until it is proven otherwise.
  • Read the whitepaper and research well of the company where you are going to invest because many scams are done by this method.
  • Check whether it is genuine or fake.
  • Scammers are constantly upgrading their scam methods and anyone can be the next target.
  • Loss doesn’t just happen due to an internal or intentional mistake, and when it does happen everyone has a similar sense of remorse and risks that are absolute consequences.
  • You’ll be fooled many times by those scammers that have maintained a well structured fake community.
  • They can hire those PRs and people talking inside their community to make it look like they’re a legit community.
  • As for their workers, they’ll just tell that they need engagement but the purpose of it, they’re not talking about it because that’s what the main purpose it.
  • And that’s to make it look genuine that they have real people inside the community. But in reality, it’s all fake people that they’ve hired just to make discussions all over their place.
  • It’s safe to say as well that it’s not just the crypto industry that is not safe for newbies, everything that talks about money is not safe for everyone.
  • Crypto is the latest thing and in the last 5 years it become so successful that scammers make this as their paradise as there are a lot of naive investors in the market.
  • Do your investigations, and don’t listen to influencers and believe them.
  • Think that this is your hard earn money so you need to be careful where you are going to invest it.
  • Don’t be Greedy.
  • Don’t jump on it like a hungry cow.
  • Don’t trust the sweet words they offer you. Most of them are too good to be true but they will always sound inviting to invest with.
  • Make a wall to not fully support them unless they have proven themselves worthy of that kind of respect.
  • Always be in doubt. That will be the shield that will protect you from being scammed.
  • Must simply assume that our coins are never really safe despite our best efforts, so it is important to always be on alert and protect our coins to the best of our ability.
  • Improve the security of your coins by an important margin by buying a hardware wallet, since they are very secure devices and they are relatively cheap, instead of risking storing our coins in our computers or at an exchange.
  • Always good to know how to make technical and fundamental analysis so that you can get specific information what is the situation of the projects you want to invest
  • Many projects are delivering a good testament, but they always ended into a scam , so we need to be smart enough and have a lot of preparation before investing or trading





Controlled Supply

Bitcoin

“A fixed money supply, or a supply altered only in accord with objective and calculable criteria, is a necessary condition to a meaningful just price of money.”

Fr. Bernard W. Dempsey, S.J. (1903-1960)

In a centralized economy, currency is issued by a central bank at a rate that is supposed to match the growth of the amount of goods that are exchanged so that these goods can be traded with stable prices. The monetary base is controlled by a central bank. In the United States, the Fed increases the monetary base by issuing currency, increasing the amount banks have on reserve or by a process called Quantitative Easing.

In a fully decentralized monetary system, there is no central authority that regulates the monetary base. Instead, currency is created by the nodes of a peer-to-peer network.

The Bitcoin generation algorithm defines, in advance, how currency will be created and at what rate. Any currency that is generated by a malicious user that does not follow the rules will be rejected by the network and thus is worthless.


Currency with Finite Supply


Block reward halving
Controlled supply

Bitcoins are created each time a user discovers a new block. The rate of block creation is adjusted every 2016 blocks to aim for a constant two week adjustment period (equivalent to 6 per hour.)

The number of bitcoins generated per block is set to decrease geometrically, with a 50% reduction every 210,000 blocks, or approximately four years. The result is that the number of bitcoins in existence will not exceed slightly less than 21 million.

Speculated justifications for the unintuitive value “21 million” are that it matches a 4-year reward halving schedule; or the ultimate total number of Satoshis that will be mined is close to the maximum capacity of a 64-bit floating point number. Satoshi has never really justified or explained many of these constants.

Cumulated bitcoin supply

This decreasing-supply algorithm was chosen because it approximates the rate at which commodities like gold are mined. Users who use their computers to perform calculations to try and discover a block are thus called Miners.





Motivation Formula

Motivation = (Expectancy X Value) / (Impulsiveness X Delay)
  • Expectancyย : How likely you feel you’ll succeed
  • Valueย : What you’ll gain from succeeding
  • Impulsivenessย : Your natural inclination to put things off
  • Delayย : How much time you have to complete the task

Add it up, and the result is your current level of motivation.ย 

The less confident you are, the less exciting the outcome, the longer you have to get it done … the more likely you are to put it off.





21M or Death


21 Million or Death
Arise…

The supply of Bitcoin is fixed at 21 million BTC, and as a hard coded monetary policy of the protocol, the fixed supply of the dominant cryptocurrency cannot be altered.

Former Google Product Director Steve Lee stated that only 1 percent of the worldโ€™s population can own more than 0.28 BTC, due to the fixed supply of Bitcoin.

In late 2017, Chainalysis, a blockchain forensics company that monitors and investigates cryptocurrency transactions, revealed in a research paper that up to four million BTC are permanently lost on the blockchain as a result of theft, loss of wallets and private keys, and the dormant wallet of Bitcoin creator Satoshi Nakamoto, which experts have said is no longer accessible.

Kim Grauer, Senior Economist at Chainalysis, said at the time, that the lost supply of BTC is not taken into consideration by the market cap.That means, the real price of BTC could be substantially higher, as 4 to 6 million BTC are estimated to be lost.

Based on the estimate that the supply of Bitcoin is around 17 million, only 0.8 percent of the world population can own more than 0.28 BTC and less than 0.2 of the world population can own more than 1 BTC.

The 0.28 BTC figure introduced by Lee assumes the supply of Bitcoin to be 21 million, as it divides 21 million by 0.28 and divides the outcome of that by the world population that is 7.442 billion. If the research of Chainalysis is accurate and that 4 to 6 million BTC are lost on the blockchain, the supply of Bitcoin should be closer to around 16 to 17 million

The fact that any investor in the global market can be within the 1 percent of the world population with a $1,830 investment demonstrates that the cryptocurrency market is still at its early phase, and in terms of adoption, market development, infrastructure, and regulation, the sector can still grow significantly in the mid to long-term.


Hal Finney

There is no “Whole Coin”





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