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Hello guys am just hearing about CRP mining here for the first time, is there anyone into mining already. If yes, how does it work to start up and is it profitable?
I am not just finding out about it but I will appreciate any support or information I can get from someone who is already mining as it is.
Any first hand information on the pros and cons will be appreciated.
I don't know if there is any regulatory bodies that can actually drop out some centralized exchange I think they have done more harm than good so far
Regulatory bodies benefit from centralized exchanges and use them as means to control the coins you store there.
There will be no action done against them except if they are no longer being compliant with the rules and regulations.
The forum occasionally hosts contests, promotions, and giveaways where users can participate and have a chance to win various prizes.
I think we need to see more of that and users here should be informed when any of such is happening on the other platforms like Telegram or discord.
This will go a long way to boost the forum and bring in more users.
Organizations like the Financial Action Task Force (FATF) and the G20 are working towards developing international guidelines for regulating cryptocurrencies, money laundering, and terrorist financing.
It is unfair to put cryptocurrencies in the same bracket as money laundering and terrorist financing. All of those have been around forever, long before the idea of cryptocurrency was conceived at all. Crypto does not encourage it and it is not more popular using it as fiat is still the major tool of illegal activities.
This is why privacy-focused cryptocurrencies and platforms, like UtopiaP2P, appear to be the needed platform when it comes into prioritize privacy.
They are very much needed. Privacy is not something you can protect passively, you need to take extra effort to keep your privacy secured and prevent malicious people from stealing your personal information.
This is the purpose of privacy platforms like Utopia.
What is the wealth creation all about guys and how does it improve one’s cryptocurrency investment, if there is anything I promised to do right it is improving in my investment pattern this year and knowing about this might be helpful
Wealth creation does not improve your cryptocurrency investment but you can use your investments to create wealth and in turn use the wealth created to invest some more.
To improve your investment pattern you need to know what to invest in and how to invest. This simple knowledge can hep boost your investments.
Users should ensure that they always log off their account while also their account should be stored in a offline container, and to users using browser software should be aware that browser save passwords and credentials which also can be read by hackers.
I do not log off when I am not on the forum. I have uTalk bookmarked on my browser to make it easy to visit the site anytime I am looking to learn more.
I do prevent my browser from storing any personal information about me to protect my privacy.
You have a very good point there my friend, there are many people who do not know how important miners are, miners are very important because they help the ecosystem, this is the reason why i am learning very fast about utopia mining, i want to be part of the people mining CRP.
I also plan to get into mining at some point in the future if I can acquire enough knowledge about it.
I have the mindset that it is expensive, but I can never be too sure until I have done proper research on how it works.
Sad reality but it's true there are more people using the centralized exchange over those who are using the decentralized exchange and it's because of there lack of knowledge.
For some it is not lack of knowledge but they feel that centralized exchanges are easier to use and provides insurance if anything should happen to their funds which they stored in it.
With decentralized exchanges you bear full responsibility.
What impact will the gambling services have in the forum and among users, the gambling platform may cause some setback especially if takes the form of offline gambling and reduce users working abilities
Gambling is a regular practice all around the world and one that a lot of people engage in. Whether or not Utopia has an inbuilt gambling feature those here that love gambling will find ways to do it cause there are so many casinos around.
IT will be of benefit to give them an option to use it here on utopia.
I think protecting one’s privacy has long been talked about on the forum and each of us here should be familiar with the methods to use and avoid being scammed through any means.
It cannot be overemphasized at all. Even though there is so much talk about it, there are also so many people who are not taking it serious and still use services that compromise their privacy.
About scammers, never get complacent and imagine that you know all their tricks cause they are always coming up with new strategies.
How did scammers get so much in cryptocurrency that they try to always get new methods of stealing from people. They might be people who has been on a forum before that probably didn’t work and had to settle to stealing the help of their previous knowledge of cryptocurrency
Scammers are everywhere and always looking for new methods to steal from people. It is not peculiar to cryptocurrency in any way.
We just happen to be involved in crypto and see first hand how many scammers there are in the space.
Before acting on any advice or recommendations offered, it is crucial to approach communities with critical thinking, independently verify information, and exercise caution.
Do not trust; verify.
Regardless of who you get an information from, always verify its authenticity and ensure that you do you own research on it before making any decision.
#Cryptocurrency is built on blockchain technology, which has significant implications for various industries. Lack of knowledge about the technology may result in a missed understanding of its potential applications, disrupting industries, or even career opportunities within the blockchain space.
The reality is that not everyone will get into blockchain technology and not everyone need to be in it in order to be successful.
There are lots of other exciting industries that one can get into and be successful in. I am happy to be here and understand how crypto works and also know bits of the blockchain tech.
The Government established the crypto world by legitimating crypto as legal tender, arcade the infrastructural content, national attentions and awareness, Establishement of secured readable protocols and serve as alternate national currency.
The government did not establish the crypto world and it does not need them to make it legitimate.
Being decentralized means not needing a central authority to function at all and being able to be used anywhere and by anyone.
I am loving the discussion on wealth creation as it is a very important one with tons of books being written on it, but very little people understand how to go about it.
Getting your income to be higher than your expense is one factor, being able to effectively manage the extra income and channel that to useful investments is another factor.
I was actually expecting Newcastle with qualifying to the UEFA champions league and also with the mobey they have are meant to sign more players into their team.
They have signed Sandro Tonali from AC Milan for an undisclosed fee and with his talent he will bring a different approach to their midfield. I was also expecting more signings from them given their successes last season but they seem to be taking a more reserved approach.
I hope it works out for them in the end.
Do you know that there are many people who do not know this, there are many people who do not know of decentralized ecosystems, they thing the only way is centralization, this is why i try to tell people about Utopia, they are missing a lot if they are not on the ecosystem.
Centralization has been the only thing people have been used to to and it will be difficult to let them see something different where the government does not control their money and they have the freedom to do what they want.
It is not for everyone and when I encounter people who are not ready to be their own banks, I do not recommend crypto to them.
CRP will be very bin in the near future. I see this period as the dip period where we have the opportunity to buy some cheap as we wait for the market to go green and enter a bullrun.
Buy as much as you can afford and also try to keep it safe to avoid losses.
Yes, in the cryptocurrency market only Crypton coin, provides top-notch privacy by allowing users to transact through the medium that can't be confiscated or manipulated.
There are some good alternatives like Monero, but I will pick Utopia over it cause it is an actual ecosystem and does not just provide privacy and anonymity services, but anything that a crypto enthusiast will need.
This makes CRP the preferred option.
As a result, alternative consensus mechanisms such as Proof of Stake (PoS) have been developed to address these concerns while maintaining network security.
But Proof of Stake (PoS) comes with security issues which is a much higher concern than energy consumption or slower transactions. For this reason I prefer PoW which is a much more secure network to PoS, except the PoS protocol is implemented properly.
If we are to create an environment that encourages mentorship we need to also put in effort to ensure its safety. It is very easy for a mentor to rip off a men-tee or recommend that they invest in something that they know would crash so as to benefit from the initial pump.
If this cannot be guaranteed people should rely on learning indirectly from available resources.
Financial education is something everyone should take very serious if they want to be successful. One has to understand money and also how to invest in it if they want to be able to make passive income and not only work for someone.
Cookies alone cannot harm the computer. Still, they can contain certain information to lead a possible attacker to the respective computer.
Cookies can be used to spy on a user and get sensitive information about how they browse, what websites they visit and even keypad patterns which can be used to harm them at some point.
For safety reasons always limit the amount of cookies you accept and check them to know what data they collect.
If scammer throw their net to catch their victims, the people that are smart will find a way to avoid that net, but the people that are not smart and are greedy will fall into it. Scammers have their ways, for you to keep your coins you have to know those ways and watch out for it.
The smart ones or those who are informed of how scammers work will be able to avoid it.
Scammers generally depend on the ignorance of their victims to be successful and anyone who is not greedy or does not make silly mistakes like giving out their private keys, keeping their funds on an exchange etc will not fall victim.