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





Seven common mistakes crypto investors and traders make


Cryptocurrency markets are volatile enough without making simple, easily avoidable mistakes.

Investing in cryptocurrencies and digital assets is now easier than ever before. Online brokers, centralized exchanges and even decentralized exchanges give investors the flexibility to buy and sell tokens without going through a traditional financial institution and the hefty fees and commissions that come along with them.

Cryptocurrencies were designed to operate in a decentralized manner. This means that while they’re an innovative avenue for global peer-to-peer value transfers, there are no trusted authorities involved that can guarantee the security of your assets. Your losses are your responsibility once you take your digital assets into custody.

Here we’ll explore some of the more common mistakes that cryptocurrency investors and traders make and how you can protect yourself from unnecessary losses.

Losing your keys

Cryptocurrencies are built on blockchain technology, a form of distributed ledger technology that offers high levels of security for digital assets without the need for a centralized custodian. However, this puts the onus of protection on asset holders, and storing the cryptographic keys to your digital asset wallet safely is an integral part of this.

On the blockchain, digital transactions are created and signed using private keys, which act as a unique identifier to prevent unauthorized access to your cryptocurrency wallet. Unlike a password or a PIN, you cannot reset or recover your keys if you lose them. This makes it extremely important to keep your keys safe and secure, as losing them would mean losing access to all digital assets stored in that wallet.

Lost keys are among the most common mistakes that crypto investors make. According to a report from Chainalysis, of the 18.5 million Bitcoin (BTC) mined so far, over 20% has been lost to forgotten or misplaced keys.

Storing coins in online wallets

Centralized cryptocurrency exchanges are probably the easiest way for investors to get their hands on some cryptocurrencies. However, these exchanges do not give you access to the wallets holding the tokens, instead offering you a service similar to banks. While the user technically owns the coins stored on the platform, they are still held by the exchange, leaving them vulnerable to attacks on the platform and putting them at risk.

There have been many documented attacks on high-profile cryptocurrency exchanges that have led to millions of dollars worth of cryptocurrency stolen from these platforms. The most secure option to protect your assets against such risk is to store your cryptocurrencies offline, withdrawing assets to either a software or hardware wallet after purchase.

Not keeping a hard copy of your seed phrase

To generate a private key for your crypto wallet, you will be prompted to write down a seed phrase consisting of up to 24 randomly generated words in a specific order. If you ever lose access to your wallet, this seed phrase can be used to generate your private keys and access your cryptocurrencies.

Keeping a hard copy record, such as a printed document or a piece of paper with the seed phrase written on it, can help prevent needless losses from damaged hardware wallets, faulty digital storage systems, and more. Just like losing your private keys, traders have lost many a coin to crashed computers and corrupted hard drives.

Fat-finger error

A fat-finger error is when an investor accidentally enters a trade order that isn’t what they intended. One misplaced zero can lead to significant losses, and mistyping even a single decimal place can have considerable ramifications.

One instance of this fat-finger error was when the DeversiFi platform erroneously paid out a $24-million fee. Another unforgettable tale was when a highly sought-after Bored Ape nonfungible token was accidentally sold for $3,000 instead of $300,000.

Sending to the wrong address

Investors should take extreme care while sending digital assets to another person or wallet, as there is no way to retrieve them if they are sent to the wrong address. This mistake often happens when the sender isn’t paying attention while entering the wallet address. Transactions on the blockchain are irreversible, and unlike a bank, there are no customer support lines to help with the situation.

This kind of error can be fatal to an investment portfolio. Still, in a positive turn of events, Tether, the firm behind the world’s most popular stablecoin, recovered and returned $1 million worth of Tether (USDT) to a group of crypto traders who sent the funds to the wrong decentralized finance platform in 2020. However, this story is a drop in the ocean of examples where things don’t work out so well. Hodlers should be careful while dealing with digital asset transactions and take time to enter the details. Once you make a mistake, there’s no going back.

Over diversification

Diversification is crucial to building a resilient cryptocurrency portfolio, especially with the high volatility levels in the space. However, with the sheer number of options out there and the predominant thirst for outsized gains, cryptocurrency investors often end up over-diversifying their portfolios, which can have immense consequences.

Over-diversification can lead to an investor holding a large number of heavily underperforming assets, leading to significant losses. It’s vital to only diversify into cryptocurrencies where the fundamental value is clear and to have a strong understanding of the different types of assets and how they will likely perform in various market conditions.

Not setting up a stop-loss arrangement

A stop-loss is an order type that enables investors to sell a security only when the market reaches a specific price. Investors use this to prevent losing more money than they are willing to, ensuring they at least make back their initial investment.

In several cases, investors have experienced huge losses because of incorrectly setting up their stop losses before asset prices dropped. However, it’s also important to remember that stop-loss orders aren’t perfect and can sometimes fail to trigger a sale in the event of a large, sudden crash.

That being said, the importance of setting up stop losses to protect investments cannot be understated and can significantly help mitigate losses during a market downturn.

Crypto investing and trading is a risky business with no guarantees of success. Like any other form of trading, patience, caution and understanding can go a long way. Blockchain places the responsibility on the investor, so it’s crucial to take the time to figure out the various aspects of the market and learn from past mistakes before putting your money at risk.





Seven common mistakes crypto investors and traders make


Cryptocurrency markets are volatile enough without making simple, easily avoidable mistakes.

Investing in cryptocurrencies and digital assets is now easier than ever before. Online brokers, centralized exchanges and even decentralized exchanges give investors the flexibility to buy and sell tokens without going through a traditional financial institution and the hefty fees and commissions that come along with them.

Cryptocurrencies were designed to operate in a decentralized manner. This means that while they’re an innovative avenue for global peer-to-peer value transfers, there are no trusted authorities involved that can guarantee the security of your assets. Your losses are your responsibility once you take your digital assets into custody.

Here we’ll explore some of the more common mistakes that cryptocurrency investors and traders make and how you can protect yourself from unnecessary losses.

Losing your keys

Cryptocurrencies are built on blockchain technology, a form of distributed ledger technology that offers high levels of security for digital assets without the need for a centralized custodian. However, this puts the onus of protection on asset holders, and storing the cryptographic keys to your digital asset wallet safely is an integral part of this.

On the blockchain, digital transactions are created and signed using private keys, which act as a unique identifier to prevent unauthorized access to your cryptocurrency wallet. Unlike a password or a PIN, you cannot reset or recover your keys if you lose them. This makes it extremely important to keep your keys safe and secure, as losing them would mean losing access to all digital assets stored in that wallet.

Lost keys are among the most common mistakes that crypto investors make. According to a report from Chainalysis, of the 18.5 million Bitcoin (BTC) mined so far, over 20% has been lost to forgotten or misplaced keys.

Storing coins in online wallets

Centralized cryptocurrency exchanges are probably the easiest way for investors to get their hands on some cryptocurrencies. However, these exchanges do not give you access to the wallets holding the tokens, instead offering you a service similar to banks. While the user technically owns the coins stored on the platform, they are still held by the exchange, leaving them vulnerable to attacks on the platform and putting them at risk.

There have been many documented attacks on high-profile cryptocurrency exchanges that have led to millions of dollars worth of cryptocurrency stolen from these platforms. The most secure option to protect your assets against such risk is to store your cryptocurrencies offline, withdrawing assets to either a software or hardware wallet after purchase.

Not keeping a hard copy of your seed phrase

To generate a private key for your crypto wallet, you will be prompted to write down a seed phrase consisting of up to 24 randomly generated words in a specific order. If you ever lose access to your wallet, this seed phrase can be used to generate your private keys and access your cryptocurrencies.

Keeping a hard copy record, such as a printed document or a piece of paper with the seed phrase written on it, can help prevent needless losses from damaged hardware wallets, faulty digital storage systems, and more. Just like losing your private keys, traders have lost many a coin to crashed computers and corrupted hard drives.

Fat-finger error

A fat-finger error is when an investor accidentally enters a trade order that isn’t what they intended. One misplaced zero can lead to significant losses, and mistyping even a single decimal place can have considerable ramifications.

One instance of this fat-finger error was when the DeversiFi platform erroneously paid out a $24-million fee. Another unforgettable tale was when a highly sought-after Bored Ape nonfungible token was accidentally sold for $3,000 instead of $300,000.

Sending to the wrong address

Investors should take extreme care while sending digital assets to another person or wallet, as there is no way to retrieve them if they are sent to the wrong address. This mistake often happens when the sender isn’t paying attention while entering the wallet address. Transactions on the blockchain are irreversible, and unlike a bank, there are no customer support lines to help with the situation.

This kind of error can be fatal to an investment portfolio. Still, in a positive turn of events, Tether, the firm behind the world’s most popular stablecoin, recovered and returned $1 million worth of Tether (USDT) to a group of crypto traders who sent the funds to the wrong decentralized finance platform in 2020. However, this story is a drop in the ocean of examples where things don’t work out so well. Hodlers should be careful while dealing with digital asset transactions and take time to enter the details. Once you make a mistake, there’s no going back.

Over diversification

Diversification is crucial to building a resilient cryptocurrency portfolio, especially with the high volatility levels in the space. However, with the sheer number of options out there and the predominant thirst for outsized gains, cryptocurrency investors often end up over-diversifying their portfolios, which can have immense consequences.

Over-diversification can lead to an investor holding a large number of heavily underperforming assets, leading to significant losses. It’s vital to only diversify into cryptocurrencies where the fundamental value is clear and to have a strong understanding of the different types of assets and how they will likely perform in various market conditions.

Not setting up a stop-loss arrangement

A stop-loss is an order type that enables investors to sell a security only when the market reaches a specific price. Investors use this to prevent losing more money than they are willing to, ensuring they at least make back their initial investment.

In several cases, investors have experienced huge losses because of incorrectly setting up their stop losses before asset prices dropped. However, it’s also important to remember that stop-loss orders aren’t perfect and can sometimes fail to trigger a sale in the event of a large, sudden crash.

That being said, the importance of setting up stop losses to protect investments cannot be understated and can significantly help mitigate losses during a market downturn.

Crypto investing and trading is a risky business with no guarantees of success. Like any other form of trading, patience, caution and understanding can go a long way. Blockchain places the responsibility on the investor, so it’s crucial to take the time to figure out the various aspects of the market and learn from past mistakes before putting your money at risk.





Seven common mistakes crypto investors and traders make?


Cryptocurrency markets are volatile enough without making simple, easily avoidable mistakes.

Investing in cryptocurrencies and digital assets is now easier than ever before. Online brokers, centralized exchanges and even decentralized exchanges give investors the flexibility to buy and sell tokens without going through a traditional financial institution and the hefty fees and commissions that come along with them.

Cryptocurrencies were designed to operate in a decentralized manner. This means that while they’re an innovative avenue for global peer-to-peer value transfers, there are no trusted authorities involved that can guarantee the security of your assets. Your losses are your responsibility once you take your digital assets into custody.

Here we’ll explore some of the more common mistakes that cryptocurrency investors and traders make and how you can protect yourself from unnecessary losses.

Losing your keys

Cryptocurrencies are built on blockchain technology, a form of distributed ledger technology that offers high levels of security for digital assets without the need for a centralized custodian. However, this puts the onus of protection on asset holders, and storing the cryptographic keys to your digital asset wallet safely is an integral part of this.

On the blockchain, digital transactions are created and signed using private keys, which act as a unique identifier to prevent unauthorized access to your cryptocurrency wallet. Unlike a password or a PIN, you cannot reset or recover your keys if you lose them. This makes it extremely important to keep your keys safe and secure, as losing them would mean losing access to all digital assets stored in that wallet.

Lost keys are among the most common mistakes that crypto investors make. According to a report from Chainalysis, of the 18.5 million Bitcoin (BTC) mined so far, over 20% has been lost to forgotten or misplaced keys.

Storing coins in online wallets

Centralized cryptocurrency exchanges are probably the easiest way for investors to get their hands on some cryptocurrencies. However, these exchanges do not give you access to the wallets holding the tokens, instead offering you a service similar to banks. While the user technically owns the coins stored on the platform, they are still held by the exchange, leaving them vulnerable to attacks on the platform and putting them at risk.

There have been many documented attacks on high-profile cryptocurrency exchanges that have led to millions of dollars worth of cryptocurrency stolen from these platforms. The most secure option to protect your assets against such risk is to store your cryptocurrencies offline, withdrawing assets to either a software or hardware wallet after purchase.

Not keeping a hard copy of your seed phrase

To generate a private key for your crypto wallet, you will be prompted to write down a seed phrase consisting of up to 24 randomly generated words in a specific order. If you ever lose access to your wallet, this seed phrase can be used to generate your private keys and access your cryptocurrencies.

Keeping a hard copy record, such as a printed document or a piece of paper with the seed phrase written on it, can help prevent needless losses from damaged hardware wallets, faulty digital storage systems, and more. Just like losing your private keys, traders have lost many a coin to crashed computers and corrupted hard drives.

Fat-finger error

A fat-finger error is when an investor accidentally enters a trade order that isn’t what they intended. One misplaced zero can lead to significant losses, and mistyping even a single decimal place can have considerable ramifications.

One instance of this fat-finger error was when the DeversiFi platform erroneously paid out a $24-million fee. Another unforgettable tale was when a highly sought-after Bored Ape nonfungible token was accidentally sold for $3,000 instead of $300,000.

Sending to the wrong address

Investors should take extreme care while sending digital assets to another person or wallet, as there is no way to retrieve them if they are sent to the wrong address. This mistake often happens when the sender isn’t paying attention while entering the wallet address. Transactions on the blockchain are irreversible, and unlike a bank, there are no customer support lines to help with the situation.

This kind of error can be fatal to an investment portfolio. Still, in a positive turn of events, Tether, the firm behind the world’s most popular stablecoin, recovered and returned $1 million worth of Tether (USDT) to a group of crypto traders who sent the funds to the wrong decentralized finance platform in 2020. However, this story is a drop in the ocean of examples where things don’t work out so well. Hodlers should be careful while dealing with digital asset transactions and take time to enter the details. Once you make a mistake, there’s no going back.

Over diversification

Diversification is crucial to building a resilient cryptocurrency portfolio, especially with the high volatility levels in the space. However, with the sheer number of options out there and the predominant thirst for outsized gains, cryptocurrency investors often end up over-diversifying their portfolios, which can have immense consequences.

Over-diversification can lead to an investor holding a large number of heavily underperforming assets, leading to significant losses. It’s vital to only diversify into cryptocurrencies where the fundamental value is clear and to have a strong understanding of the different types of assets and how they will likely perform in various market conditions.

Not setting up a stop-loss arrangement

A stop-loss is an order type that enables investors to sell a security only when the market reaches a specific price. Investors use this to prevent losing more money than they are willing to, ensuring they at least make back their initial investment.

In several cases, investors have experienced huge losses because of incorrectly setting up their stop losses before asset prices dropped. However, it’s also important to remember that stop-loss orders aren’t perfect and can sometimes fail to trigger a sale in the event of a large, sudden crash.

That being said, the importance of setting up stop losses to protect investments cannot be understated and can significantly help mitigate losses during a market downturn.

Crypto investing and trading is a risky business with no guarantees of success. Like any other form of trading, patience, caution and understanding can go a long way. Blockchain places the responsibility on the investor, so it’s crucial to take the time to figure out the various aspects of the market and learn from past mistakes before putting your money at risk.

Source: https://bitcointalk.org/





Seven common mistakes crypto investors and traders make?


Cryptocurrency markets are volatile enough without making simple, easily avoidable mistakes.

Investing in cryptocurrencies and digital assets is now easier than ever before. Online brokers, centralized exchanges and even decentralized exchanges give investors the flexibility to buy and sell tokens without going through a traditional financial institution and the hefty fees and commissions that come along with them.

Cryptocurrencies were designed to operate in a decentralized manner. This means that while they’re an innovative avenue for global peer-to-peer value transfers, there are no trusted authorities involved that can guarantee the security of your assets. Your losses are your responsibility once you take your digital assets into custody.

Here we’ll explore some of the more common mistakes that cryptocurrency investors and traders make and how you can protect yourself from unnecessary losses.

Losing your keys

Cryptocurrencies are built on blockchain technology, a form of distributed ledger technology that offers high levels of security for digital assets without the need for a centralized custodian. However, this puts the onus of protection on asset holders, and storing the cryptographic keys to your digital asset wallet safely is an integral part of this.

On the blockchain, digital transactions are created and signed using private keys, which act as a unique identifier to prevent unauthorized access to your cryptocurrency wallet. Unlike a password or a PIN, you cannot reset or recover your keys if you lose them. This makes it extremely important to keep your keys safe and secure, as losing them would mean losing access to all digital assets stored in that wallet.

Lost keys are among the most common mistakes that crypto investors make. According to a report from Chainalysis, of the 18.5 million Bitcoin (BTC) mined so far, over 20% has been lost to forgotten or misplaced keys.

Storing coins in online wallets

Centralized cryptocurrency exchanges are probably the easiest way for investors to get their hands on some cryptocurrencies. However, these exchanges do not give you access to the wallets holding the tokens, instead offering you a service similar to banks. While the user technically owns the coins stored on the platform, they are still held by the exchange, leaving them vulnerable to attacks on the platform and putting them at risk.

There have been many documented attacks on high-profile cryptocurrency exchanges that have led to millions of dollars worth of cryptocurrency stolen from these platforms. The most secure option to protect your assets against such risk is to store your cryptocurrencies offline, withdrawing assets to either a software or hardware wallet after purchase.

Not keeping a hard copy of your seed phrase

To generate a private key for your crypto wallet, you will be prompted to write down a seed phrase consisting of up to 24 randomly generated words in a specific order. If you ever lose access to your wallet, this seed phrase can be used to generate your private keys and access your cryptocurrencies.

Keeping a hard copy record, such as a printed document or a piece of paper with the seed phrase written on it, can help prevent needless losses from damaged hardware wallets, faulty digital storage systems, and more. Just like losing your private keys, traders have lost many a coin to crashed computers and corrupted hard drives.

Fat-finger error

A fat-finger error is when an investor accidentally enters a trade order that isn’t what they intended. One misplaced zero can lead to significant losses, and mistyping even a single decimal place can have considerable ramifications.

One instance of this fat-finger error was when the DeversiFi platform erroneously paid out a $24-million fee. Another unforgettable tale was when a highly sought-after Bored Ape nonfungible token was accidentally sold for $3,000 instead of $300,000.

Sending to the wrong address

Investors should take extreme care while sending digital assets to another person or wallet, as there is no way to retrieve them if they are sent to the wrong address. This mistake often happens when the sender isn’t paying attention while entering the wallet address. Transactions on the blockchain are irreversible, and unlike a bank, there are no customer support lines to help with the situation.

This kind of error can be fatal to an investment portfolio. Still, in a positive turn of events, Tether, the firm behind the world’s most popular stablecoin, recovered and returned $1 million worth of Tether (USDT) to a group of crypto traders who sent the funds to the wrong decentralized finance platform in 2020. However, this story is a drop in the ocean of examples where things don’t work out so well. Hodlers should be careful while dealing with digital asset transactions and take time to enter the details. Once you make a mistake, there’s no going back.

Over diversification

Diversification is crucial to building a resilient cryptocurrency portfolio, especially with the high volatility levels in the space. However, with the sheer number of options out there and the predominant thirst for outsized gains, cryptocurrency investors often end up over-diversifying their portfolios, which can have immense consequences.

Over-diversification can lead to an investor holding a large number of heavily underperforming assets, leading to significant losses. It’s vital to only diversify into cryptocurrencies where the fundamental value is clear and to have a strong understanding of the different types of assets and how they will likely perform in various market conditions.

Not setting up a stop-loss arrangement

A stop-loss is an order type that enables investors to sell a security only when the market reaches a specific price. Investors use this to prevent losing more money than they are willing to, ensuring they at least make back their initial investment.

In several cases, investors have experienced huge losses because of incorrectly setting up their stop losses before asset prices dropped. However, it’s also important to remember that stop-loss orders aren’t perfect and can sometimes fail to trigger a sale in the event of a large, sudden crash.

That being said, the importance of setting up stop losses to protect investments cannot be understated and can significantly help mitigate losses during a market downturn.

Crypto investing and trading is a risky business with no guarantees of success. Like any other form of trading, patience, caution and understanding can go a long way. Blockchain places the responsibility on the investor, so it’s crucial to take the time to figure out the various aspects of the market and learn from past mistakes before putting your money at risk.

Source: https://bitcointalk.org/





Seven common mistakes crypto investors and traders make?


Cryptocurrency markets are volatile enough without making simple, easily avoidable mistakes.

Investing in cryptocurrencies and digital assets is now easier than ever before. Online brokers, centralized exchanges and even decentralized exchanges give investors the flexibility to buy and sell tokens without going through a traditional financial institution and the hefty fees and commissions that come along with them.

Cryptocurrencies were designed to operate in a decentralized manner. This means that while they’re an innovative avenue for global peer-to-peer value transfers, there are no trusted authorities involved that can guarantee the security of your assets. Your losses are your responsibility once you take your digital assets into custody.

Here we’ll explore some of the more common mistakes that cryptocurrency investors and traders make and how you can protect yourself from unnecessary losses.

Losing your keys

Cryptocurrencies are built on blockchain technology, a form of distributed ledger technology that offers high levels of security for digital assets without the need for a centralized custodian. However, this puts the onus of protection on asset holders, and storing the cryptographic keys to your digital asset wallet safely is an integral part of this.

On the blockchain, digital transactions are created and signed using private keys, which act as a unique identifier to prevent unauthorized access to your cryptocurrency wallet. Unlike a password or a PIN, you cannot reset or recover your keys if you lose them. This makes it extremely important to keep your keys safe and secure, as losing them would mean losing access to all digital assets stored in that wallet.

Lost keys are among the most common mistakes that crypto investors make. According to a report from Chainalysis, of the 18.5 million Bitcoin (BTC) mined so far, over 20% has been lost to forgotten or misplaced keys.

Storing coins in online wallets

Centralized cryptocurrency exchanges are probably the easiest way for investors to get their hands on some cryptocurrencies. However, these exchanges do not give you access to the wallets holding the tokens, instead offering you a service similar to banks. While the user technically owns the coins stored on the platform, they are still held by the exchange, leaving them vulnerable to attacks on the platform and putting them at risk.

There have been many documented attacks on high-profile cryptocurrency exchanges that have led to millions of dollars worth of cryptocurrency stolen from these platforms. The most secure option to protect your assets against such risk is to store your cryptocurrencies offline, withdrawing assets to either a software or hardware wallet after purchase.

Not keeping a hard copy of your seed phrase

To generate a private key for your crypto wallet, you will be prompted to write down a seed phrase consisting of up to 24 randomly generated words in a specific order. If you ever lose access to your wallet, this seed phrase can be used to generate your private keys and access your cryptocurrencies.

Keeping a hard copy record, such as a printed document or a piece of paper with the seed phrase written on it, can help prevent needless losses from damaged hardware wallets, faulty digital storage systems, and more. Just like losing your private keys, traders have lost many a coin to crashed computers and corrupted hard drives.

Fat-finger error

A fat-finger error is when an investor accidentally enters a trade order that isn’t what they intended. One misplaced zero can lead to significant losses, and mistyping even a single decimal place can have considerable ramifications.

One instance of this fat-finger error was when the DeversiFi platform erroneously paid out a $24-million fee. Another unforgettable tale was when a highly sought-after Bored Ape nonfungible token was accidentally sold for $3,000 instead of $300,000.

Sending to the wrong address

Investors should take extreme care while sending digital assets to another person or wallet, as there is no way to retrieve them if they are sent to the wrong address. This mistake often happens when the sender isn’t paying attention while entering the wallet address. Transactions on the blockchain are irreversible, and unlike a bank, there are no customer support lines to help with the situation.

This kind of error can be fatal to an investment portfolio. Still, in a positive turn of events, Tether, the firm behind the world’s most popular stablecoin, recovered and returned $1 million worth of Tether (USDT) to a group of crypto traders who sent the funds to the wrong decentralized finance platform in 2020. However, this story is a drop in the ocean of examples where things don’t work out so well. Hodlers should be careful while dealing with digital asset transactions and take time to enter the details. Once you make a mistake, there’s no going back.

Over diversification

Diversification is crucial to building a resilient cryptocurrency portfolio, especially with the high volatility levels in the space. However, with the sheer number of options out there and the predominant thirst for outsized gains, cryptocurrency investors often end up over-diversifying their portfolios, which can have immense consequences.

Over-diversification can lead to an investor holding a large number of heavily underperforming assets, leading to significant losses. It’s vital to only diversify into cryptocurrencies where the fundamental value is clear and to have a strong understanding of the different types of assets and how they will likely perform in various market conditions.

Not setting up a stop-loss arrangement

A stop-loss is an order type that enables investors to sell a security only when the market reaches a specific price. Investors use this to prevent losing more money than they are willing to, ensuring they at least make back their initial investment.

In several cases, investors have experienced huge losses because of incorrectly setting up their stop losses before asset prices dropped. However, it’s also important to remember that stop-loss orders aren’t perfect and can sometimes fail to trigger a sale in the event of a large, sudden crash.

That being said, the importance of setting up stop losses to protect investments cannot be understated and can significantly help mitigate losses during a market downturn.

Crypto investing and trading is a risky business with no guarantees of success. Like any other form of trading, patience, caution and understanding can go a long way. Blockchain places the responsibility on the investor, so it’s crucial to take the time to figure out the various aspects of the market and learn from past mistakes before putting your money at risk.

Source: https://bitcointalk.org/





Blockchain Spectrum

The Blockchain Spectrum

Now, even if someone does not have the drawbacks of decades-long experience and mental models with a specific asset class, it is still very hard to understand Bitcoin.

Why? Because Bitcoin is the intersection of many, many different fields.

To truly understand Bitcoin, there is no other way than being a polymath.

Even if one has made it as far to (a) realize Bitcoin is something completely new and solely using existing heuristics and mental models will not work and (b) with Bitcoin, more than anything else, we do not know what we do not know — understanding still requires a very broad set of competences.

The correct approach to understand when one starts going down the Bitcoin rabbit hole is therefore to assume one knows nothing and any experience and insight one has from previous aspects of life brings
very little to the table.

First principles thinking is required.
We can, however, try to define a little deeper what Bitcoin is. Below is listed some different ways of wrapping one’s head around Bitcoin.

Not an exhaustive list.

A living organism

Bitcoin is Free and Open Source software. It is not a piece of IP owned by a centralized joint-stock company that needs to optimize for the bottom line of the next quarter and is incapable of cannibalizing itself. Since the Bitcoin whitepaper was released and the
genesis block was mined, we have seen an explosion of experiments, ideas and creative geniuses get involved in Bitcoin and crypto as a whole. To think of Bitcoin as a living, technological organism that adjusts, develops and constantly changes to survive can be useful.

A religion.

Money, as many have learned and realized in recent decade, is just a social
construction we are all part of. The value therefore comes from the amount of true believers.

Continuing this line of thinking, one could describe the religion as consisting of:

  • Prophet: Satoshi. No longer present. Impossible to ask questions.
  • Convictions: Decentralization.
  • Rituals: Running nodes. Mining. Hodling.
  • Holy scriptures: Bitcoin whitepaper. As with all holy scriptures, people interpret them in their own way.
  • Sacred objects: Genesis block, lowercase bitcoin
  • Sects: Different interpretations resulting in different factions/sects: small blockers, big blockers, etc.

An emerging economy

  • The consensus protocol can be thought of as the constitution
  • The society as the constituency (users on the demand-side; miners on the supply-side)
  • Core developers as the executive department who write the code and execute on the strategy, but amendments to the protocol (i.e., constitution) require approval from the constituency)
  • The native token is the internal currency
  • The investors underwrite the currency

Additionally, many one-liners and memes exist to describe Bitcoin. Not an exhaustive list.

  • Sound money
  • Digital gold
  • “An insurance policy against an Orwellian future”
  • “A tool for freeing humanity from oligarchs and tyrants, dressed up as a get-rich-quick scheme”
  • Censorship- judgment & seizure-resistant money
  • Peer to peer digital cash
  • Swiss Bank account in your pocket
  • Unstoppable and uncensorable hard money

Source: https://backed.ai/





Peace not War

Peace not War

Fighting for Peace…

“Imagine there’s no countries
It isn’t hard to do
Nothing to kill or die for
And no religion too
Imagine all the people
Living life in peace

You may say that I’m a dreamer
But I’m not the only one
I hope someday you’ll join us
And the world will be as one”

John Lennon, Imagine

“He who joyfully marches to music rank and file has already earned my contempt.

He has been given a large brain by mistake, since for him the spinal cord

would surely suffice.

This disgrace to civilization

should be done away with at once.

Heroism at command, senseless brutality, deplorable love-of-country stance and all the loathsome nonsense that goes by the name of patriotism, how violently I hate all this, how despicable and ignoble war is;

I would rather be torn to shreds than be part of so base an action!

It is my conviction that killing

under the cloak of war is nothing

but an act of murder.”

Albert Einstein

“War is peace.
Freedom is slavery.
Ignorance is strength.”

George Orwell, “1984”

“I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones.”

Albert Einstein

“Only the dead have seen the end of war.”

Plato

“The supreme art of war is to subdue         the enemy without fighting.”

Sun Tzu, “The Art of War”

Today the most civilized countries of the world spend a maximum of their income on war and a minimum on education.

The twenty-first century will

reverse this order.

It will be more glorious to fight against ignorance than to die on the field of battle.

The discovery of a new scientific truth

will be more important than the

squabbles of diplomats.

Even the newspapers of our own

day are beginning to treat scientific discoveries and the creation of fresh philosophical concepts as news.

The newspapers of the twenty-first century will give a mere ‘stick’ in the back pages to accounts of crime or political controversies, but will headline on the front pages the proclamation of a new scientific hypothesis.

Progress along such lines will be impossible while nations persist in the savage

practice of killing each other off.

I inherited from my father, an erudite

man who labored hard for peace,

an ineradicable hatred of war.

Nikola Tesla

“Older men declare war.

But it is youth that must fight and die.”

Herbert Hoover

“War does not determine who is right –   only who is left.”

Anonymous

“Every gun that is made, every warship launched, every rocket fired signifies in the final sense, a theft from those who hunger and are not fed, those who are

cold and are not clothed.

This world in arms is not

spending money alone.

It is spending the sweat of its laborers,

the genius of its scientists,

the hopes of its children.

This is not a way of life at all

in any true sense.

Under the clouds of war,

it is humanity hanging on a cross of iron.”

Dwight D. Eisenhower

“You can have peace.

Or you can have freedom.

Don’t ever count on having both at once.”

Robert A. Heinlein

“War is over … If you want it.”

John Lennon

“How is it possible to have a civil war?”

George Carlin

“It is not enough to win a war; it is more important to organize the peace.”

Aristotle

“They wrote in the old days that it is sweet and fitting to die for one’s country.

But in modern war, there is nothing

sweet nor fitting in your dying.

You will die like a dog

for no good reason.”

Ernest Hemingway

“In times of war, the law falls silent.”

Silent enim leges inter arma

Marcus Tullius Cicero

“The nuclear arms race is like two sworn enemies standing waist deep in gasoline, one with three matches, the other with five.”

Carl Sagan

“The human race is unimportant.

It is the self that must not be betrayed.”

“I suppose one could say that

Hitler didn’t betray his self.”

“You are right.

He did not.

But millions of Germans

did betray their selves.

That was the tragedy.

Not that one man had

the courage to be evil.

But that millions had not

the courage to be good.”

John Fowles, “The Magus”

“Fighting for peace, is like f***ing for chastity.”

Stephen King, “Hearts in Atlantis”

“I’m fed up to the ears with old men dreaming up wars for young men to die in.”

George McGovern

“Pacifism is objectively pro-fascist.

This is elementary common sense.

If you hamper the war effort of one side,

you automatically help out

that of the other.

Nor is there any real way

of remaining outside

such a war as the present one.

In practice, ‘he that is not with me

is against me’.”

George Orwell

“The essential act of war is destruction,

not necessarily of human lives,

but of the products of human labour.

War is a way of shattering to pieces,

or pouring into the stratosphere,

or sinking in the depths of the sea,

materials which might otherwise

be used to make the masses

too comfortable, and hence,

in the long run, too intelligent.”

George Orwell, “1984”

“Mankind must put an end to war – or war will put an end to mankind.”

[Address before the United Nations, September 25 1961]

John F. Kennedy

“Military men are just dumb, stupid animals to be used as pawns in foreign policy.”

Henry Kissinger

“In War: Resolution,
In Defeat: Defiance,
In Victory: Magnanimity
In Peace: Good Will.”

Winston S. Churchill, “The Second World War”

“this is the 21st century and we need

to redefine r/evolution.

this planet needs a people’s r/evolution.

a humanist r/evolution.

r/evolution is not about bloodshed or about going to the mountains and fighting.

we will fight if we are forced to

but the fundamental goal of

r/evolution must be peace.

we need a r/evolution of the mind.

we need a r/evolution of the heart.

we need a r/evolution of the spirit.

the power of the people is stronger

than any weapon.

a people’s r/evolution can’t be stopped.

we need to be weapons

of mass construction.

weapons of mass love.

it’s not enough just to change the system.

we need to change ourselves.

we have got to make this world

user friendly. user friendly.

are you ready to sacrifice

to end world hunger.

to sacrifice to end colonialism.

to end neo-colonialism.

to end racism.

to end sexism.

r/evolution means the end of exploitation.

r/evolution means respecting

people from other cultures.

r/evolution is creative.

r/evolution means treating your

mate as a friend and an equal.

r/evolution is sexy.

r/evolution means respecting and

learning from your children.

r/evolution is beautiful.

r/evolution means protecting

the people.

the plants. the animals. the air. the water.

r/evolution means saving this planet.

r/evolution is love.”

Assata Shakur

“After all, no one is stupid enough to prefer war to peace; in peace sons bury their fathers and in war fathers bury their sons.”

Herodotus

“Let my country die for me.”

James Joyce, “Ulysses”

If we really saw war,

what war does to young minds and bodies, it would be impossible to embrace the myth of war.

If we had to stand over the mangled corpses of schoolchildren killed in Afghanistan and listen to the wails of their parents, we would not be able to repeat clichés we use to justify war.

This is why war is carefully sanitized.

This is why we are given war’s perverse and dark thrill but are spared from seeing war’s consequences.

The mythic visions of war keep it heroic and entertaining…

The wounded, the crippled, and the dead are, in this great charade, swiftly carted offstage.

They are war’s refuse.

We do not see them.

We do not hear them.

They are doomed, like wandering spirits, to float around the edges of our consciousness, ignored, even reviled.

The message they tell is too painful for us to hear.

We prefer to celebrate ourselves and our nation by imbibing the myths of glory, honor, patriotism, and heroism, words that in combat become empty and meaningless.

Chris Hedges “Death of the Liberal Class”

“The ever more sophisticated weapons piling up in the arsenals of the wealthiest and the mightiest can kill the illiterate, the ill, the poor and the hungry, but they cannot kill ignorance, illness, poverty or hunger.”

Fidel Castro

For the whole earth is the tomb

of famous men; not only are they commemorated by columns

and inscriptions in their own country,

but in foreign lands there dwells also an unwritten memorial of them,

graven not on stone

but in the hearts of men.

Make them your examples, and,

esteeming courage to be freedom and freedom to be happiness,

do not weigh too nicely

the perils of war.”

[Funeral Oration of Pericles]

Thucydides, “History of the Peloponnesian War”

“War and drink are the two things

man is never too poor to buy.”

William Faulkner

For me, the most ironic token of

[the first human moon landing] is the plaque signed by President Richard M. Nixon that Apollo 11 took to the moon.

It reads:

“We came in peace for all Mankind.”

As the United States was dropping

7 ½ megatons of conventional

explosives on small nations

in Southeast Asia,

we congratulated ourselves on

our humanity.

We would harm no one on a lifeless rock.”

Carl Sagan, “Pale Blue Dot: A Vision of the Human Future in Space”

“This topic brings me to that

worst outcrop of herd life,

the military system, which I abhor…

This plague-spot of civilization ought

to be abolished with all possible speed.

Heroism on command,

senseless violence,

and all the loathsome nonsense that

goes by the name of patriotism —

how passionately I hate them!”

Albert Einstein

1. Bangladesh…. In 1971 … Kissinger overrode all advice in order to support

the Pakistani generals in both their

civilian massacre policy in East Bengal

and their armed attack on India

from West Pakistan….

This led to a moral and political catastrophe the effects of which are still sorely felt.

Kissinger’s undisclosed reason for the ‘tilt’ was the supposed but never materialised ‘brokerage’ offered by the dictator Yahya Khan in the course of secret diplomacy between Nixon and China….

Of the new state of Bangladesh,

Kissinger remarked coldly that it

was ‘a basket case’ before turning

his unsolicited expertise elsewhere.

2. Chile…. Kissinger had direct personal knowledge of the CIA’s plan to kidnap

and murder General René Schneider, the head of the Chilean Armed Forces … who refused to countenance military intervention in politics.

In his hatred for the Allende Government, Kissinger even outdid Richard Helms …

who warned him that a coup in such

a stable democracy would

be hard to procure.

The murder of Schneider nonetheless

went ahead, at Kissinger’s urging and

with American financing, just between Allende’s election and his confirmation….

This was one of the relatively few times

that Mr Kissinger (his success in getting people to call him ‘Doctor’ is greater

than that of most PhDs) involved himself

in the assassination of a single named individual rather than the slaughter

of anonymous thousands.

His jocular remark on this occasion—

‘I don’t see why we have to let a country

go Marxist just because its people

are irresponsible’—suggests he may

have been having the best of times….

3. Cyprus…. Kissinger approved of the preparations by Greek Cypriot fascists

for the murder of President Makarios,

and sanctioned the coup which tried

to extend the rule of the Athens junta

(a favoured client of his) to the island.

When despite great waste of life this coup failed in its objective, which was also Kissinger’s, of enforced partition, Kissinger promiscuously switched sides to support

an even bloodier intervention by Turkey.

Thomas Boyatt … went to Kissinger

in advance of the anti-Makarios

putsch and warned him that it

could lead to a civil war.

‘Spare me the civics lecture,’ replied Kissinger, who as you can readily see had an aphorism for all occasions.

4. Kurdistan. Having endorsed the covert policy of supporting a Kurdish revolt

in northern Iraq between 1974 and 1975, with ‘deniable’ assistance also provided

by Israel and the Shah of Iran, Kissinger made it plain to his subordinates that

the Kurds were not to be allowed to win,

but were to be employed for their

nuisance value alone.

They were not to be told that this was

the case, but soon found out when

the Shah and Saddam Hussein composed their differences, and American

aid to Kurdistan was cut off.

Hardened CIA hands went to Kissinger …

for an aid programme for the many thousands of Kurdish refugees

who were thus abruptly created….

The apercu of the day was: ‘foreign policy should not he confused with missionary work.’ Saddam Hussein heartily concurred.

5. East Timor. The day after Kissinger left Djakarta in 1975, the Armed Forces

of Indonesia employed American weapons to invade and subjugate the independent former Portuguese colony of East Timor.

Isaacson gives a figure of 100,000 deaths resulting from the occupation, or one-seventh of the population, and there

are good judges who put this

estimate on the low side.

Kissinger was furious when news of

his own collusion was leaked, because

as well as breaking international law

the Indonesians were also violating

an agreement with the United States….

Monroe Leigh … pointed out this awkward latter fact. Kissinger snapped: ‘The Israelis when they go into Lebanon—when was the last time we protested that?

A good question, even if it did not and

does not lie especially well in his mouth.

It goes on and on and on until one

cannot eat enough to vomit enough.”

Christopher Hitchens

“At one time I had given much thought

to why men were so very rarely

capable of living for an ideal.

Now I saw that many, no,

all men were capable of dying for one.”

Hermann Hesse, “Demian: Die Geschichte von Emil Sinclairs Jugend”

“We need to decide that we will not go to war, whatever reason is conjured up by the politicians or the media, because war in our time is always indiscriminate, a war against innocents, a war against children.”

Howard Zinn

All wars are sacred,” he said.

“To those who have to fight them.

If the people who started wars

didn’t make them sacred, who would be

foolish enough to fight?

But, no matter what rallying cries

the orators give to the idiots who fight,

no matter what noble purposes they

assign to wars, there is never but

one reason for a war.

And that is money.

All wars are in reality money squabbles.

But so few people ever realize it.

Their ears are too full of bugles

and drums and the fine words

from stay-at-home orators.

Sometimes the rallying cry is

’save the Tomb of Christ from the Heathen!’

Sometimes it’s ’down with Popery!’

and sometimes ‘Liberty!’

and sometimes

‘Cotton, Slavery and States’ Rights!”

Margaret Mitchell, “Gone with the Wind”

“The most dangerous people in the world are not the tiny minority instigating evil acts, but those who do the acts for them.

For example, when the British

invaded India, many Indians accepted

to work for the British to kill off

Indians who resisted their occupation.

So in other words, many Indians were

hired to kill other Indians on behalf

of the enemy for a paycheck.

Today, we have mercenaries in Africa, corporate armies from the western world, and unemployed men throughout the Middle East killing their own people – and people of other nations – for a paycheck.

To act without a conscience,

but for a paycheck,

makes anyone a dangerous animal.

The devil would be powerless

if he couldn’t entice people

to do his work.

So as long as money continues to seduce

the hungry, the hopeless, the broken,

the greedy, and the needy,

there will always be

war between brothers.”

Suzy Kassem

“Peace is such hard work.

Harder than war.

It takes way more effort

to forgive than to kill.”

Rae Carson, “The Bitter Kingdom” (Fire and Thorns, #3)

“An unjust law is itself a species of violence.

Arrest for its breach is more so.

Now the law of nonviolence says that violence should be resisted not by counter-violence but by nonviolence.

This I do by breaking the law and by peacefully submitting to arrest and imprisonment.”

Mahatma Gandhi, “Non-violence in Peace and War” 1942-1949

“Civilized society is perpetually menaced with disintegration through this primary hostility of men towards one another.”

Sigmund Freud

“In war,

the strong make slaves of the weak,

and in peace,

the rich makes slaves of the poor.”

Oscar Wilde

“So it is the human condition that to wish for the greatness of one’s fatherland

is to wish evil to one’s neighbors.

The citizen of the universe would be

the man who wishes his country never to be either greater or smaller, richer or poorer.”

Voltaire, “Philosophical Dictionary”

“A democracy which makes or even effectively prepares for modern,

scientific war must necessarily

cease to be democratic.

No country can be really well

prepared for modern war unless

it is governed by a tyrant,

at the head of a highly trained

and perfectly obedient bureaucracy.”

Aldous Huxley, “Ends and Means”

“War may sometimes be a necessary evil.

But no matter how necessary,

it is always an evil, never a good.

We will not learn to live together in peace

by killing each other’s children.”

Jimmy Carter, “The Nobel Peace Prize Lecture”

“The most disadvantageous peace

is better than the most just war.”

Desiderius Erasmus Roterodamus, “Adagia. Lateinisch / Deutsch”

“I prefer the most unfair peace

to the most righteous war.”

Cicero

“War is not the answer,

for only love can conquer hate.”

Marvin Gaye

“A weapon does not decide

whether or not to kill.

A weapon is a manifestation of a decision that has already been made.”

Steven Galloway, “The Cellist of Sarajevo”

“There has never been a just [war],

never an honorable one —

on the part of the instigator of the war.

I can see a million years ahead,

and this rule will never change

in so many as half a dozen instances.

The loud little handful — as usual —

will shout for the war.

The pulpit will–warily and cautiously–object–at first;

the great, big, dull bulk of the nation

will rub its sleepy eyes and try to

make out why there should be a war,

and will say, earnestly and indignantly,

‘It is unjust and dishonorable,

and there is no necessity for it.

‘ Then the handful will shout louder.

A few fair men on the other side will

argue and reason against the war with speech and pen, and at first will have a hearing and be applauded; but it will not last long; those others will outshout them, and presently the anti-war audiences will thin out and lose popularity.

Before long you will see this curious thing: the speakers stoned from the platform,

and free speech strangled by hordes of furious men who in their secret hearts are still at one with those stoned speakers–as earlier–but do not dare say so.

And now the whole nation–pulpit and all–will take up the war-cry, and shout

itself hoarse, and mob any honest man

who ventures to open his mouth;

and presently such mouths

will cease to open.

Next the statesmen will invent cheap lies, putting the blame upon the nation that is attacked, and every man will be glad of those conscience-soothing falsities,

and will diligently study them, and refuse

to examine any refutations of them;

and thus he will by and by convince

himself the war is just,

and will thank God

for the better sleep he enjoys

after this process of

grotesque self-deception.”

Mark Twain, “The Mysterious Stranger and Other Stories”

“We often think of peace

as the absence of war,

that if powerful countries

would reduce their weapon arsenals,

we could have peace.

But if we look deeply into the weapons,

we see our own minds – our own

prejudices, fears and ignorance.

Even if we transport all the bombs

to the moon, the roots of war

and the roots of bombs are still there,

in our hearts and minds,

and sooner or later we will

make new bombs.

To work for peace is to uproot war from ourselves and from the hearts

of men and women.

To prepare for war,

to give millions of men and women

the opportunity to practice killing

day and night in their hearts,

is to plant millions of seeds of violence, anger, frustration, and fear that will be passed on for generations to come.”

Thich Nhat Hanh, “Living Buddha, Living Christ”

“There are seasons of our lives when nothing seems to be happening, when no smoke betrays a burned town or homestead and few tears are shed for the newly dead.

I have learned not to trust those times, because if the world is at peace then it means someone is planning war.”

Bernard Cornwell, “Death of Kings” (The Saxon Stories, #6)

“That there are men in all countries

who get their living by war,

and by keeping up the quarrels

of Nations is as shocking as it is true…”

Thomas Paine

“The real power in America is held by a fast-emerging new Oligarchy of pimps

and preachers who see no need for Democracy or fairness or even trees,

except maybe the ones in their own yards, and they don’t mind admitting it.

They worship money and power and death.

Their ideal solution to all the

nation’s problems would be

another 100 Year War.”

Hunter S. Thompson, “Kingdom of Fear: Loathsome Secrets of a Star-Crossed Child in the Final Days of the American Century”


“Once war becomes a clash of absolutes, there is no breathing room for mercy.

Absolute truth is blind truth.”

Deepak Chopra, “The Third Jesus: The Christ We Cannot Ignore”

“What is so often said about the solders

of the 20th century is that the

fought to make us free.

Which is a wonderful sentiment and

one witch should evoke tremendous gratitude if in fact there was a shred

of truth in that statement but,

it’s not true.

It’s not even close to true

in fact it’s the opposite of truth.

There’s this myth around that people believe that the way to honor deaths of so many of millions of people; that the way to honor is to say that we achieved some tangible, positive, good, out of their death’s.

That’s how we are supposed to

honor their deaths.

We can try and rescue some positive

and forward momentum of human progress, of human virtue from these hundreds of millions of death’s but we

don’t do it by pretending that they’d died

to set us free because we are less free;

far less free now then we were

before these slaughters began.

These people did not die to set us free.

They did not die fighting any enemy

other than the ones that the

previous deaths created.

The beginning of wisdom is to call

things by their proper names.

Solders are paid killers, and I say this

with a great degree of sympathy to young men and women who are suckered into

a life of evil through propaganda and the labeling of heroic to a man in costume who kills for money and the life of honor is accepting ordered killings for money, prestige, and pensions.

We create the possibility of moral choice

by communicating truth

about ethics to people.

That to me is where real heroism

and real respect for the dead lies.

Real respect for the dead lies in exhuming the corpses and hearing what they would say if they could speak out; and they

would say: If any ask us why we died tell

it’s because our fathers lied, tell them it’s because we were told that charging up a hill and slaughtering our fellow man was heroic, noble, and honorable.

But these hundreds of millions of ghosts encircled the world in agony, remorse

will not be released from our collective unconscious until we lay the truth of

their murders on the table and look

at the horror that is the lie;

that murder for money can be moral, that murder for prestige can be moral.

These poor young men and woman propagandized into an undead ethical status lied to about what is noble,

virtuous, courageous, honorable, decent, and good to the point that they’re rolling hand grenades into children’s rooms and the illusion that, that is going to make the world a better place.

We have to stare this in the face if we want to remember why these people died. They did not die to set us free. They did not die to make the world a better place. They died because we are ruled by sociopaths. The only thing that can create a better world is the truth is the virtue is the honor and courage of standing up to the genocidal lies of mankind and calling them lies and ultimate corruptions.

The trauma and horrors of this century of staggering bloodshed of the brief respite of the 19th century. This addiction to blood and the idea that if we pour more bodies into the hole of the mass graves of the 20th century, if we pour more bodies and more blood we can build some sort of cathedral to a better place but it doesn’t happen. We can throw as many young men and woman as we want into this pit of slaughter and it will never be full. It will never do anything other than sink and recede further into the depths of hell. We can’t build a better world on bodies. We can’t build peace on blood. If we don’t look back and see the army of the dead of the 20th century calling out for us to see that they died to enslave us. That whenever there was a war the government grew and grew.

We are so addicted to this lie. What we need to do is remember that these bodies bury us. This ocean of blood that we create through the fantasy that violence brings virtue. It drowns us, drowns our children, our future, and the world. When we pour these endless young bodies into this pit of death; we follow it.”

Stefan Molyneux

“It is only those who have neither fired a shot nor heard the shrieks and groans

of the wounded who cry aloud for blood,

more vengeance, more desolation.

War is hell.”

William Tecumseh Sherman

Our enemies are Medes and Persians,

men who for centuries have lived

soft and luxurious lives;

we of Macedon for generations past

have been trained in the hard school

of danger and war.

Above all, we are free men,

and they are slaves.

There are Greek troops, to be sure, in Persian service — but how different

is their cause from ours!

They will be fighting for pay — and not much of at that; we, on the contrary,

shall fight for Greece, and our

hearts will be in it.

As for our foreign troops — Thracians, Paeonians, Illyrians, Agrianes — they

are the best and stoutest soldiers in Europe, and they will find as their opponents the slackest and softest of the tribes of Asia.

And what, finally, of the two men

in supreme command?

You have Alexander, they — Darius!”

Alexander the Great

“If I had known they were going to do this,

I would have become a shoemaker.”

Albert Einstein

“One question in my mind,

which I hardly dare mention in public,

is whether patriotism has, overall, been a force for good or evil in the world.

Patriotism is rampant in war and

there are some good things about it.

Just as self-respect and pride bring out the best in an individual, pride in family,

pride in teammates, pride in hometown bring out the best in groups of people.

War brings out the kind of pride in country that encourages its citizens in the direction of excellence and it encourages them

to be ready to die for it.

At no time do people work so well

together to achieve the same goal

as they do in wartime.

Maybe that’s enough to make patriotism eligible to be considered a virtue.

If only I could get out of my mind

the most patriotic people

who ever lived,

the Nazi Germans.”

Andy Rooney, “My War”

“My own concern is primarily the

terror and violence carried out by

my own state, for two reasons.

For one thing, because it happens to be the larger component of international violence.

But also for a much more important

reason than that; namely, I can

do something about it.

So even if the U.S. was responsible

for 2 percent of the violence in the

world instead of the majority of it,

it would be that 2 percent I would

be primarily responsible for.

And that is a simple ethical judgment.

That is, the ethical value of one’s actions depends on their anticipated

and predictable consequences.

It is very easy to denounce the

atrocities of someone else.

That has about as much ethical value

as denouncing atrocities that

took place in the 18th century.”

Noam Chomsky

“We are in the hands of men whose power and wealth have separated them

from the reality of daily life

and from the imagination.

We are right to be afraid.”

Grace Paley

“Wars of nations are fought

to change maps.

But wars of poverty are fought

to map change.”

Muhammad Ali

“What passing bells for these

who die as cattle?
Only the monstrous anger of the guns.
Only the stuttering rifle’s rapid rattle
Can patter out their hasty orisons.
No mockeries now for them;

no prayers, nor bells,
Nor any voice of mourning save the choirs,
The shrill demented choirs of wailing shells,
And bugles calling for them from sad shires.
What candles may be held

to speed them all?
Not in the hands of boys, but in their eyes,
Shall shine the holy glimmers of goodbyes.
The pallor of girls’ brows shall be their pall,
Their flowers the tenderness

of patient minds,
And each, slow dusk a drawing

down of blinds.”

Wilfred Owen, The War Poems

Millions of fathers in rain
Millions of mothers in pain
Millions of brothers in woe


Millions of sisters nowhere to go

Millions of daughters walk in the mud
Millions of children wash in the flood
A million girls vomit and groan
Millions of families hopeless alone”

Allen Ginsberg, “Poems”

“No honest journalist should be willing to describe himself or herself as ’embedded.’

To say, ‘I’m an embedded journalist’ is to say, ‘I’m a government Propagandist.”

Noam Chomsky, “Imperial Ambitions: Conversations on the Post-9/11 World”

“Darwinism by itself did not produce the Holocaust, but without Darwinism…

neither Hitler nor his Nazi followers

would have had the necessary scientific underpinnings to convince themselves

and their collaborators that one

of the worlds greatest atrocities

was really morally praiseworthy.”

Richard Weikart, “From Darwin to Hitler: Evolutionary Ethics, Eugenics, and Racism in Germany”

“War means fighting.

The business of the soldier is to fight.

Armies are not called out to dig trenches,

to throw up breastworks,to live in camps, but to find the enemy and strike him; to invade his country, and do him all possible damage in the shortest possible time.

This will involve great destruction of life and property while it lasts; but such a war will of necessity be of brief continuance,

and so would be an economy of life

and property in the end.”

Stonewall Jackson

“I have seen war.

I have seen war on land and sea.

I have seen blood running from

the wounded.

I have seen men coughing out their

gassed lungs.

I have seen the dead in the mud.

I have seen cities destroyed.

I have seen 200 limping, exhausted

men come out of line—the survivors

of a regiment of 1,000 that went

forward 48 hours before.

I have seen children starving.

I have seen the agony of mothers and wives.

I hate war.”

Franklin D. Roosevelt

“How is the world ruled and led to war?

Diplomats lie to journalists and believe these lies when they see them in print.”

Karl Kraus

“Each Javelin round costs $80,000, and

the idea that it’s fired by a guy who doesn’t make that in a year at a guy who doesn’t make that in a lifetime is somehow so outrageous it almost makes the

war seem winnable.”

Sebastian Junger, “War”

“But what are a hundred million deaths?

When one has served in a war, one hardly knows what a dead man is, after a while.

And since a dead man has no substance unless one has actually seen him dead,

a hundred million corpses broadcast through history are no more than a puff

of smoke in the imagination.”

Albert Camus

“I have never advocated war except

as means of peace, so seek peace,

but prepare for war.

Because war…

War never changes.

War is like winter and winter is coming.”

Ulysses S Grant

“I do not say that there is no glory

to be gained [in war];

but it is not personal glory.

In itself, no cause was ever more glorious than that of men who struggle, not to conquer territory, not to gather spoil,

not to gratify ambition, but for freedom,

for religion, for hearth and home, and to revenge the countless atrocities inflicted upon them by their oppressors.”

G. A. HENTY

“World War I was the most colossal, murderous, mismanaged butchery that

has ever taken place on earth.

Any writer who said otherwise lied,

So the writers either wrote propaganda, shut up, or fought.”

Ernest Hemingway

“In peace, children inter their parents;

war violates the order of nature and

causes parents to inter their children.”

Herodotus

“Perpetual peace is a futile dream.”

Gen. George S. Patton

“Such then is the human condition,

that to wish greatness for one’s country

is to wish harm to one’s neighbors.”

Voltaire

“It is precisely that requirement

of shared worship that has been the principal source of suffering for individual man and the human race since

the beginning of history.

In their efforts to impose universal worship, men have unsheathed their swords

and killed one another.

They have invented gods and challenged each other:

“Discard your gods and worship mine or

I will destroy both your gods and you!”

Fyodor Dostoyevsky, “The Brothers Karamazov”

What a terrible thing war is,

what a terrible thing!”

Leo Tolstoy, “War and Peace”

“When you think about new-born babies being killed in our own lifetime,’ he said,

‘all the efforts of culture seem worthless.

What have people learned from all

our Goethes and Bachs?

To kill babies?”

Vasily Grossman, “Life and Fate”

“Those of us who are most genuinely repelled by war and violence are also

those who are most likely to decide

that some things, after all,

are worth fighting for.”

Christopher Hitchens, “The Quotable Hitchens from Alcohol to Zionism: The Very Best of Christopher Hitchens”

“I have never advocated war

except as a means of peace.”

Ulysses S. Grant

“It is of the greatest important in this world that a man should know himself, and the measure of his own strength and means; and he who knows that he has not a genius for fighting must learn how to govern

by the arts of peace.”

Machiavelli, Niccolo

“War has no longer the justification that

it makes for the survival of the fittest;

it involves the survival of the less fit.

The idea that the struggle between nations is a part of the evolutionary law of man’s advance involves a profound misreading

of the biological analogy.


The warlike nations do not inherit the earth; they represent

the decaying human element.”

Norman Angell, “The Great Illusion”

“Homo sapiens!

The name itself was an irony.

They had not been wise at all,

but incredibly stupid.

Lords of the Earth with their great gray brains, their thinking minds had placed them above all other forms of life.

Yet it had not been thought that compelled them to act, but emotion.

From the dawn of their evolution they had killed, and conquered, and subdued.

They had committed atrocities on others

of their kind, ravaged the land, polluted

and destroyed, left millions to starve

in Third World countries, and finished

it all with a nuclear holocaust.

The mutants were right.

Intelligent creatures did not commit genocide, or murder the environment

on which they were dependent.”

Louise Lawrence, “Children of the Dust”

“War: first, one hopes to win;


then one expects the enemy to lose;

then, one is satisfied that he too is suffering;


in the end, one is surprised that

everyone has lost.”

Karl Kraus

“War is unlike life.

It’s a denial of everything you learn life is.

And that’s why when you get finished with it, you see that if offers no lessons that can’t be bettered learned in civilian life.

You are exposed to horrors you

would sooner forget.”

Robert Graff