Tag: #become

The First Step

“The journey of a thousand miles begins with a single step.”

Lao Tzu

The First step …🤔🙄🤔 Brings me back on the memory lane… In the ancient times of 2011, when I read for the first time about this BitCorn thing…

Then, I read the WhitePaper… As much or little as I understood at the time, I had a strange Sehnsucht about it and went down the proverbial rabbit hole…

Only to discover with amazement and dismay… It’s the Moria’s Mines down here…

That’s why it’s called a DYOR universe !!!

You need to Do Your Own Research folks !

It’s the only way for an Sovereign citizen !!!

Yours trully Free Spirit

Quotes about Time

Page dedicated to a new found mate, A. Padron Frodo 😋 🤣 😁

The Power is strong in this young Jedi, he just doesn’t know yet to channel it !!!

Me here to help Mr BushCraft mate 🙂🤣😉 !

Enjoy the Wisdoms of these quotes !!!

🖖 & 🧡

Time is the continued sequence of existence and events that occurs in an apparently irreversible succession from the past, through the present, into the future.

It is a component quantity of various measurements used to sequence events, to compare the duration of events or the intervals between them, and to quantify rates of change of quantities in material reality or in the conscious experience.

Time is often referred to as a fourth dimension, along with three spatial dimensions.

Time is one of the seven fundamental physical quantities in both the International System of Units (SI) and International System of Quantities. The SI base unit of time is the second, which is defined by measuring the electronic transition frequency of caesium atoms.

General relativity is the primary framework for understanding how spacetime works. Through advances in both theoretical and experimental investigations of spacetime, it has been shown that time can be distorted and dilated, particularly at the edges of black holes.

Throughout history, time has been an important subject of study in religion, philosophy, and science.

Temporal measurement has occupied scientists and technologists and was a prime motivation in navigation and astronomy.

Time is also of significant social importance, having economic value (“time is money”) as well as personal value, due to an awareness of the limited time in each day and in human life spans

“Time you enjoy wasting is not wasted time.”

Marthe Troly-Curtin, “Phrynette Married”

“Don’t waste your time in anger, regrets, worries, and grudges.

Life is too short to be unhappy.”

Roy T. Bennett

“How did it get so late so soon?”

Dr. Seuss

“For what it’s worth: it’s never too late or, in my case, too early to be whoever you want to be.

There’s no time limit, stop whenever you want.

You can change or stay the same, there are no rules to this thing.

We can make the best or the worst of it.

I hope you make the best of it.

And I hope you see things that startle you.

I hope you feel things you never felt before.

I hope you meet people with a different point of view.

I hope you live a life you’re proud of.

If you find that you’re not, I hope you have the courage to start all over again.”

Eric Roth,
“The Curious Case of Benjamin Button Screenplay”

“I sit beside the fire and think
Of all that I have seen
Of meadow flowers and butterflies
In summers that have been

Of yellow leaves and gossamer
In autumns that there were
With morning mist and silver sun
And wind upon my hair

I sit beside the fire and think
Of how the world will be
When winter comes without a spring
That I shall ever see

For still there are so many things
That I have never seen
In every wood in every spring
There is a different green

I sit beside the fire and think
Of people long ago
And people that will see a world
That I shall never know

But all the while I sit and think
Of times there were before
I listen for returning feet
And voices at the door”

J.R.R. Tolkien

“Time is an illusion.”

Albert Einstein

“You may delay, but time will not.”

Benjamin Franklin

“Time is a game played beautifully by children.”

Heraclitus, “Fragments”

“It is by no means an irrational fancy that, in a future existence, we shall look upon what we think our present existence, as a dream.”

Edgar Allan Poe

“Time isn’t precious at all, because it is an illusion.

What you perceive as precious is not time but the one point that is out of time:

the Now.

That is precious indeed.

The more you are focused on time—past and future—the more you miss the Now, the most precious thing there is.”

Eckhart Tolle,
“The Power of Now: A Guide to Spiritual Enlightenment”

“The time will come when diligent research over long periods will bring to light things which now lie hidden.

A single lifetime, even though entirely devoted to the sky, would not be enough for the investigation of so vast a subject…

And so this knowledge will be unfolded only through long successive ages.

There will come a time when our descendants will be amazed that we did not know things that are so plain to them…

Many discoveries are reserved for ages still to come, when memory of us will have been effaced.”

Seneca, “Natural Questions”

“Fantasy, if it’s really convincing, can’t become dated, for the simple reason that it represents a flight into a dimension that lies beyond the reach of time.”

Walt Disney

The Universe is very, very big.

It also loves a paradox.

For example, it has some extremely strict rules.

Rule number one:

Nothing lasts forever.

Not you or your family or your house or your planet or the sun.

It is an absolute rule.

Therefore when someone says that their love will never die, it means that their love is not real, for everything that is real dies.

Rule number two:

Everything lasts forever.”

Craig Ferguson,
“Between the Bridge and the River”

“Punctuality is the thief of time.”

Oscar Wilde

“the tired sunsets and the tired
people –
it takes a lifetime to die and
no time at
all.”

Charles Bukowski

“The wisest are the most annoyed at the loss of time.”

Dante Alighieri

“Time is precious, but truth is more precious than time.”

Benjamin Disraeli

“Do not wait: the time will never be ‘just right’.

Start where you stand, and work whatever tools you may have at your command and better tools will be found as you go along.”

Napoleon Hill

The role played by time at the beginning of the universe is, I believe, the final key to removing the need for a Grand Designer, and revealing how the universe created itself. …

Time itself must come to a stop.

You can’t get to a time before the big bang, because there was no time before the big bang.

We have finally found something that does not have a cause because there was no time for a cause to exist in.

For me this means there is no possibility of a creator because there is no time for a creator to have existed.

Since time itself began at the moment of the Big Bang, it was an event that could not have been caused or created by anyone or anything. …

So when people ask me if a god created the universe, I tell them the question itself makes no sense.

Time didn’t exist before the Big Bang, so there is no time for God to make the universe in.

It’s like asking for directions to the edge of the Earth.

The Earth is a sphere.

It does not have an edge, so looking for it is a futile exercise.”

Stephen W. Hawking

“Realize deeply that the present moment is all you will ever have.”

Eckhart Tolle

“A man is the sum of his misfortunes.

One day you’d think misfortune would get tired but then time is your misfortune.”

William Faulkner,
“The Sound and the Fury”

“Nothing endures but change.”

Heraclitus

If you imagine the 4,500-bilion-odd years of Earth’s history compressed into a normal earthly day, then life begins very early, about 4 A.M., with the rise of the first simple, single-celled organisms, but then advances no further for the next sixteen hours.

Not until almost 8:30 in the evening, with the day five-sixths over, has Earth anything to show the universe but a restless skin of microbes.

Then, finally, the first sea plants appear, followed twenty minutes later by the first jellyfish and the enigmatic Ediacaran fauna first seen by Reginald Sprigg in Australia.

At 9:04 P.M. trilobites swim onto the scene, followed more or less immediately by the shapely creatures of the Burgess Shale.

Just before 10 P.M. plants begin to pop up on the land. Soon after, with less than two hours left in the day, the first land creatures follow.

Thanks to ten minutes or so of balmy weather, by 10:24 the Earth is covered in the great carboniferous forests whose residues give us all our coal, and the first winged insects are evident.

Dinosaurs plod onto the scene just before 11 P.M. and hold sway for about three-quarters of an hour.

At twenty-one minutes to midnight they vanish and the age of mammals begins.

Humans emerge one minute and seventeen seconds before midnight.

The whole of our recorded history, on this scale, would be no more than a few seconds, a single human lifetime barely an instant.

Throughout this greatly speeded-up day continents slide about and bang together at a clip that seems positively reckless.

Mountains rise and melt away, ocean basins come and go, ice sheets advance and withdraw.

And throughout the whole, about three times every minute, somewhere on the planet there is a flash-bulb pop of light marking the impact of a Manson-sized meteor or one even larger.

It’s a wonder that anything at all can survive in such a pummeled and unsettled environment.

In fact, not many things do for long.”

Bill Bryson,
“A Short History of Nearly Everything”

“Time is Galleons, little brother.”

J.K. Rowling,
“Harry Potter and the Order of the Phoenix”

“The best teachers have showed me that things have to be done bit by bit.

Nothing that means anything happens quickly–we only think it does.

The motion of drawing back a bow and sending an arrow straight into a target takes only a split second, but it is a skill many years in the making.

So it is with a life, anyone’s life. I may list things that might be described as my accomplishments in these few pages, but they are only shadows of the larger truth, fragments separated from the whole cycle of becoming.

And if I can tell an old-time story now about a man who is walking about, waudjoset ndatlokugan, a forest lodge man, alesakamigwi udlagwedewugan, it is because I spent many years walking about myself, listening to voices that came not just from the people but from animals and trees and stones.”

Joseph Bruchac

I sometimes have moments of such despair, such despair …

Because in those moments I start to think that I will never be capable of beginning to live a real life; because I have already begun to think that I have lost all sense of proportion, all sense of the real and the actual; because, what is more, I have cursed myself; because my nights of fantasy are followed by hideous moments of sobering!

And all the time one hears the human crowd swirling and thundering around one in the whirlwind of life, one hears, one sees how people live—that they live in reality, that for them life is not something forbidden, that their lives are not scattered for the winds like dreams or visions but are forever in the process of renewal, forever young, and that no two moments in them are ever the same; while how dreary and monotonous to the point of being vulgar is timorous fantasy, the slave of shadow, of the idea…”

Fyodor Dostoyevsky,
“White Nights”

“We are living in a culture entirely hypnotized by the illusion of time, in which the so-called present moment is felt as nothing but an infintesimal hairline between an all-powerfully causative past and an absorbingly important future.

We have no present.

Our consciousness is almost completely preoccupied with memory and expectation.

We do not realize that there never was, is, nor will be any other experience than present experience.

We are therefore out of touch with reality.

We confuse the world as talked about, described, and measured with the world which actually is.

We are sick with a fascination for the useful tools of names and numbers, of symbols, signs, conceptions and ideas.”

Alan Wilson Watts

“Enjoy life.

There’s plenty of time to be dead.”

Hans Christian Andersen

“I lied and said I was busy.
I was busy;
but not in a way most people understand.

I was busy taking deeper breaths.
I was busy silencing irrational thoughts.
I was busy calming a racing heart.
I was busy telling myself I am okay.

Sometimes, this is my busy –
and I will not apologize for it.”

Brittin Oakman

“Were all the geniuses of history to focus on this single theme, they could never fully express their bafflement at the darkness of the human mind.

No person would give up even an inch of their estate, and the slightest dispute with a neighbor can mean hell to pay; yet we easily let others encroach on our lives—worse, we often pave the way for those who will take it over.

No person hands out their money to passersby, but to how many do each of us hand out our lives!

We’re tight-fisted with property and money, yet think too little of wasting time, the one thing about which we should all be the toughest misers.”

Seneca,
“On the Shortness of Life: Life Is Long if You Know How to Use It”

“Everyday is a bank account, and time is our currency.

No one is rich, no one is poor, we’ve got 24 hours each.”

Christopher Rice

…unfortunately, it’s true: time does heal.

It will do so whether you like it or not, and there’s nothing anyone can do about it.

If you’re not careful, time will take away everything that ever hurt you, everything you have ever lost, and replace it with knowledge.

Time is a machine: it will convert your pain into experience.

Raw data will be compiled, will be translated into a more comprehensible language.

The individual events of your life will be transmuted into another substance called memory and in the mechanism something will be lost and you will never be able to reverse it, you will never again have the original moment back in its uncategorized, preprocessed state.

It will force you to move on and you will not have a choice in the matter.”

Charles Yu,
“How to Live Safely in a Science Fictional Universe”

“Happy the man, and happy he alone,
he who can call today his own:
he who, secure within, can say,
Tomorrow do thy worst, for I have lived today.

Be fair or foul, or rain or shine
the joys I have possessed, in spite of fate, are mine.
Not Heaven itself, upon the past has power,
but what has been, has been, and I have had my hour.”

Horace

“Sometimes when I meet old friends, it reminds me how quickly time passes.

And it makes me wonder if we’ve utilized our time properly or not.

Proper utilization of time is so important.

While we have this body, and especially this amazing human brain, I think every minute is something precious.

Our day-to-day existence is very much alive with hope, although there is no guarantee of our future.

There is no guarantee that tomorrow at this time we will be here.

But we are working for that purely on the basis of hope.

So, we need to make the best use of our time.

I believe that the proper utilization of time is this: if you can, serve other people, other sentient beings.

If not, at least refrain from harming them. I think that is the whole basis of my philosophy.

So, let us reflect what is truly of value in life, what gives meaning to our lives, and set our priorities on the basis of that.

The purpose of our life needs to be positive.

We weren’t born with the purpose of causing trouble, harming others.

For our life to be of value, I think we must develop basic good human qualities—warmth, kindness, compassion.

Then our life becomes meaningful and more peaceful—happier.”

Dalai Lama XIV,
“The Art of Happiness”

“Bitcoin Accepted Here” Map

The Map

https://btcmap.org/

About Us

BTC Map is a free and open source project powered by volunteer bitcoiners and bitcoin-friendly merchants around the world.
Merchants

Merchants are at the heart of BTC Map. These businesses are front-running the paradigm change and positioning themselves for continued success.

Any merchant who accepts bitcoin can be listed on BTC Map.
Communities

Bitcoin communities help drive global adoption by onboarding new users locally!
Integrations

COMMUNITY INTEGRATIONS

Projects using BTC Map:
PROJECT INTEGRATIONS

BTC Map uses these projects:
Contributors

Anybody can contribute to BTC Map in many different ways. If you would like to get involved please don't hesitate and come join the fun!
Core Team

Nathan Day

Nathan is a tech entrepreneur turned pleb-at-large. He brought the core team together to accelerate app development. Having built, sold, invested in and advised tech businesses over the years he is now focused on bitcoin, building BTCMap.org, gamertron.net and delivering bitcoin education for kids.

Igor is a long time bitcoiner, mapper, and digital nomad living abroad. He created BTC Map as an Android application and the project has since gained worldwide momentum from there. He now also maintains all of the backend infrastructure for the project.

A self-taught Web Developer, secondl1ght dove head first down the bitcoin rabbit hole and left his fiat career to focus on bitcoin development full-time. He created and maintains the BTC Map web application and works on lightning network tools at Amboss Technologies.

Karnage is the lead designer on the web app and created the BTC Map brand. He has contributed to many high profile bitcoin open source projects. His mission is to help startup founders succeed and creates products to achieve this goal. Pixel-perfect product design every time. Get it shipped.
All credit and Kudos goes to :

https://btcmap.org/

We’re on a mission to help Bitcoiners easily find places to spend sats.

Useful Links:

  • International payment using the radio waves
    In a first, Bitcoin developers have done something amazing amid the criticism over the lightning network and issues associated with it. A team of developers has made an international payment using the radio waves on the lightning network. Rodolfo Novak, the co-founder of the startup CoinKite sent out a Bitcoin transaction to Bloomberg columnist Elaine … Continue reading International payment using the radio waves →
  • Happy New Year !!!!
    Happy New Year!May the coming year be full of grand adventures , peace, prosperity and opportunities.Dream big and make the most of 2024!
  • 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 … Continue reading Discipline Quotes →
  • Merry Christmass and A Happpy New Year to all
    To all my readers from the bottom of my heart I wish you Happy Holiday among family and friends, a jolly Merry Christmas and a Happy New Year and may 2024 bring you all what you strive and work for so hard! Yours truly, Free Spirit with Joy & Love
  • Bitcoin White Paper turn 15
    Bitcoin white paper turns 15 and the Legacy of Satoshi Nakamoto lives on. “I’ve been working on a new electronic cash system that’s fully peer-to-peer, with no trusted third party,” Satoshi Oct. 31, 2008. The white paper was proposing a decentralized system that could facilitate peer-to-peer transactions, which could solve the “double spending” problem often … Continue reading Bitcoin White Paper turn 15 →

100 Based things

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

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

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

20 Security Rules for bitcoin

Questions & Answers Chapter

20 Rules for Security in bitcoin

Here’s a short list of common sense Rules, to use and implement for a better Security while using bitcoin and other cryptocurrencies.

In the hopes that they are quite self-explanatory Rules, please do try for your own good and your assets, to follow them…

If you have any questions, please do not hesitate to ask in the comments.

  1. Keep your private keys safe and secure, and never share them with anyone.
  2. Use a hardware wallet to store your bitcoins offline and away from potential hackers.
  3. Use a strong and unique password for your wallet and any exchange account.
  4. Be wary of phishing attempts and never click on links from unknown sources.
  5. Use multi-factor authentication (MFA) whenever possible to secure your accounts.
  6. Use a different password for each account and change them frequently.
  7. Avoid using public Wi-Fi networks for sensitive transactions.
  8. Keep your computer and mobile devices secure with updated antivirus and anti-malware software.
  9. Use a separate address for each transaction, and avoid reusing addresses.
  10. Verify the authenticity of any website or service you use for Bitcoin transactions.
  11. Use a reputable and secure Bitcoin exchange or wallet service.
  12. Use a hardware token or other secure means of 2FA, avoid using SMS.
  13. Be mindful of social engineering and do not reveal personal information to unknown parties
  14. Use a unique email address and phone number for every exchange account.
  15. Keep a copy of your private key, Seed Phrase or wallet recovery phrase in a safe place.
  16. Be skeptical of unsolicited offers, promotions or services.
  17. Learn about the security features of your wallet and use them.
  18. Do not leave your funds on exchange for long time.
  19. Educate yourself about the risks of using Bitcoin and other cryptocurrencies.
  20. Regularly monitor your accounts and transactions for suspicious activity.
With 🧡

Running bitcoin – Hal Finney

Wonder In Peace Bright Mind

Join Honorary Chair Fran Finney and the Running Bitcoin Challenge Committee as we honor legendary cypher punk, Hal Finney.

This is THE EVENT that combines Hal Finney’s love of running and Bitcoin and is raising funds and awareness to help defeat ALS, which ultimately claimed his life in 2014.

You are challenged to run (or walk, roll, or hike) the equivalent of a half marathon — cumulatively or all at once — by the end of January 10, 2023.

From wherever you are, spread the word about Bitcoin, participate in a healthy activity, feel good about doing your part to defeat ALS, and start the year off right

Hal Finney, one of the earliest bitcoin contributors, died eight years ago from complications of nervous system disease amyotrophic lateral sclerosis (ALS).

His spouse, Fran Finney, is now organizing a half marathon to raise funds for ALS research via bitcoin.

The “Running Bitcoin Challenge” is set to take place between Jan. 1 and Jan. 10. The timing of the occasion leads up to the anniversary of Hal Finney’s “Running bitcoin” tweet, in which Finney famously disclosed he was deploying a Bitcoin node.

There is no set location — participants can choose to join anywhere they wish. Players are encouraged to either run, walk, roll or hike the equivalent of a half marathon (Hal’s favorite distance) either in one go or over the entire 10-day period.

Donors contributing at least $100 will receive an official shirt with the half marathon’s logo, while the event’s top 25 fundraisers will get a Hal Finney collectible signed by his wife.

As of Wednesday morning, the event has already managed to secure nearly $10,000 in bitcoin donations.

An advocate of cryptography and digital privacy, Finney was the recipient of the first-ever bitcoin transfer from the network’s pseudonymous creator Satoshi Nakamoto.

The bitcoin community often suspected Finney was Nakamoto, a claim he consistently denied. He reportedly found out about his condition in 2009 and decided to move away from the project.

Hal’s name is high in the Bitcoin pantheon as one of the first people to voice support for Satoshi Nakamoto’s invention and for being the first person to receive a Bitcoin transaction from Satoshi.

He was, for a time, considered one of the top contenders on the list of potential Satoshis himself (many in blockchain who reject Dr. Craig Wright’s statements still falsely believe Finney to be Bitcoin’s real creator).

Hal, who referred to himself as a “cypherpunk,” was a cryptographic activist who went from developing video games to working on the Pretty Good Privacy (PGP) project in the 1990s. He described his PGP work as “dedicated to the goal of making Big Brother obsolete.”

PGP creator Phil Zimmerman hired Hal as his first employee when PGP became PGP Corporation in the early 2000s. He described Hal as a “gregarious man” who loved skiing and long-distance running.

Despite gradual paralysis that eventually forced him to stop working, Hal continued to code software and follow the Bitcoin project.

Almost as famous as his 2009 tweet is his “Bitcoin and me” post on BitcoinTalk.org in March 2013, the last he’d ever make.

It’s a long post, and Hal was “essentially paralyzed” at the time, using an eye tracker to type. Forum stats show the post has been read over 278,000 times.

“When Satoshi announced the first release of the software, I grabbed it right away,” he wrote. “I think I was the first person besides Satoshi to run bitcoin. I mined block 70-something, and I was the recipient of the first bitcoin transaction when Satoshi sent ten coins to me as a test.

I carried on an email conversation with Satoshi over the next few days, mostly me reporting bugs and him fixing them.”

Hal himself always denied being Satoshi Nakamoto, adding later that he’d sold most of the Bitcoins he mined (at pre-2014 prices) to pay for his treatments. He also mentioned putting some in a safe deposit box for his children.

“And, of course, the price gyrations of bitcoins are entertaining to me.

I have skin in the game.

But I came by my bitcoins through luck, with little credit to me.

I lived through the crash of 2011.

So I’ve seen it before.

Easy come, easy go.”

Hal Finney
www.runningbitcoin.us
Admiration and great Respect
With 🧡

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 don’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)
  • Expectancy : How likely you feel you’ll succeed
  • Value : What you’ll gain from succeeding
  • Impulsiveness : Your natural inclination to put things off
  • Delay : How much time you have to complete the task

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

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 world’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”