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#1976 Re: General Discussion » Utopia in China. » 2023-03-22 17:09:46

Camavinga;6458 wrote:

Exactly, people talk about China and Russia believing that privacy coins cannot work there, but it is. I think a lot of people do not know the exact ban that China have placed on crypto, if they do then they would know CRP and Utopia can operate in China. The only downside is in the aspect of awareness, how do we spread to such areas?

There are lots of misinformation on what is going on with Bitcoin in the different parts of the world and the change in legalities across different jurisdiction. In their defense, the laws are changing fast and there are lots of nations to keep up with.

I personally do not think awareness can be openly spread in certain areas as it would bring much attention to the crypto activities from the government and authorities.

#1977 Re: General Discussion » Now you can visit any clearnet website on privacy Idyll browser » 2023-03-22 17:02:55

Great news. Any privacy update is a plus to Utopia network and private browsing is an integral part of maintaining your anonymity online.

I am at work now and cannot update my client, but would get around doing it when I get off work. Thanks for keeping us up to date here on the forum.

#1978 Re: Questions and Help » Is it possible in the future that Utopia p2p will support DeFi? » 2023-03-21 18:48:37

Utopia does not need to take a tag and call that DeFi; it is already a decentralized system as well as a financial one. The problem with many projects is that they want to conform into small boxes which they think people are shopping for without any regard to the utility.

Utopia as it is ticks all the boxes of a decentralized financial project using the conventional definition.

#1979 Re: General Discussion » Looking ahead to 2023 and 2024 » 2023-03-21 18:44:37

KAMSI_UG;6258 wrote:

Yea it’s important to always learn first in other not to lose funds. Utopia p2p CRP Crypton to me is preferable holding, maybe because I am not all that familiar with trading cryptocurrency.

True, knowledge is the most important thing to acquire first when you are trying out something new. Take your time to learn about it and understand the basics, or in some instances, more than the basics before you risk anything in it.

Anyone who goes in without understanding oh how it works is going to get burned.

#1980 Re: General Discussion » Only in English? » 2023-03-21 18:37:55

Discussions on what language the forum operates in should only come up when a language barrier exists and there are those with no knowledge of the language who cannot communicate on the forum, till then there is no demand for other boards and no discrimination against any group of members.

I would definitely support the creation of local boards when the need arises.

#1981 Re: General Discussion » games in utopia » 2023-03-21 18:34:45

CrytoCynthia;6000 wrote:

Well gambling depends on what sort of gambling, if it’s the game of dice then it need more of luck than less of knowledge but if it’s card games then experience and knowledge has a part to play.

Gambling depends majorly on how the house structures the game. There are some games that are not provably fair and it is impossible to profit across a stretch pf games, regardless of how much you try, so in such situation when you are up against the house, it is best to avoid such platforms.

Dice also has some bit of skill to it for those that have studied the game for a long time.

#1982 Re: General Discussion » One of the most absurd aspects of the Silicon Valley bank failure » 2023-03-21 18:30:10

oba;6330 wrote:

What i am saying is that the US President guarantee the taxpayer they will get back the fund they have with Silicon Valley bank and never make a statement about the non-taxpayer.
In the US tax is mandatory or the IRS will have you arrested especially if you have a house. I believe the student will get their fund either.

Tax fund are probably going into the money being used to repay those that were involved in the loss, so it is only fitting that only tax payers are involved in the repayment.

And about tax being mandatory, it is not really necessary for a society to function and it can be structured better than it is now.

#1983 Re: General Discussion » Warning: Don’t leave your funds on an exchange/crypto service » 2023-03-21 18:24:57

Detroit;6359 wrote:

I agree with you there. But you don't have to act broke to keep yourself safe and your money. I guess just simply living your life without discussing how much you own in your cryptocurrency wallet will keep you safe.

True, you do not need to act broke to not attract attention to yourself, you just need to go about your business without any comments on your worth. Regardless of how you act people would not be able to estimate your net worth, but once you start making comments on owning bitcoins and having investments people start to attach you with wealth and you become a target.

A $5 wrench attack can undo any security you have protecting your wallet.

#1984 Re: Channels and Groups » channel for writers » 2023-03-21 18:18:24

With the many boards available we should try to remain on topic in our discussions. This thread was created to discuss a channel for writers and get comments on that and maybe bits of replies that would fit into such channel.

I really look forward to sharing minds with similar users on that channel.

#1985 Re: Channels and Groups » The forum special board » 2023-03-21 18:12:55

CrytoCynthia;6264 wrote:

Well using centralized exchange when you are comfortable with risking your private details is okay by me but my warning is that when using centralized exchanges or any other exchanges even decentralized you should never leave your coins in there.

Ideally, in a decentralized and peer to peer exchange, your coins should never be in their custody at all, so you cannot leave it there. What you do is link your wallet to your exchange profile and transact that way through smart contracts with the buyer. It gives full autonomy to the exchange users.

A centralized exchange is built to function differently even if they have a peer to peer section.

#1986 Re: Channels and Groups » Service Group » 2023-03-21 18:08:56

JONSNOWING;6050 wrote:

He guys is there still any hope for the service board or is the uJob channel the route Utopia p2p team is choosing to enable it's community members seeking for jobs, although I think there is some striking similarities between service board and UJob channel.

+1 on this, it would be a great addition if the forum admin makes it possible.

Having a service board would attract lots of skilled members to the forum so they can market their abilities and there would also be a market for those seeking certain services to get them, benefiting everyone.

#1987 Re: Channels and Groups » Let's have a sport board » 2023-03-21 18:00:13

Camavinga;6345 wrote:

It is now time for the international break, so no club football in the next two weeks. There was news in the media yesterday that Rashford and Haaland have been withdrawn from their national sides because of injury, but many fans do not believe it, they think the players are faking the injury so they will be fit for their clubs immediately after the international break, what do you guys think?

You really would not blame them if they indeed are faking the injuries. Club football is at the business end and every team needs their top players to be on top form and also remain fit, and they see international friendlies as a distraction to the team.

In another perspective you would consider patriotism to their nation and wanting to represent the badge with honor. They would probably take competitive country fixtures more serious.

#1988 Re: General Discussion » One of the most absurd aspects of the Silicon Valley bank failure » 2023-03-20 18:39:13

This is the reason I find it ironic when people say they want banks to regulate cryptocurrency. Take a look at the fiat financial system and how broken it is under their watch and at their behest sometimes. Crypto is the breath of fresh air we are all enjoying and it would surely be broken as well if the government are allowed to centralize it.

SVB was set up to fail, same with other banks. Their policies are not just progressive.

#1989 Re: Articles and News » A cryptocurrency wallet prototype has been discovered in Microsoft Edg » 2023-03-20 18:36:13

joanna;6224 wrote:

Thank you for asking. The government never liked the idea of cryptocurrency being the world currency. When Mark Zuckerberg will introduce his Libira crypto he claimed it was going to be a world currency, after that different government agents started to question him in court until they make him bow out.

I do not think cryptocurrency users should have also liked the idea of Libra becoming the global system. Cryptos are meant to be decentralized and not controlled by one individual as Mark Zuckerburg wanted it to be. And there were so many factors that made the project to fail.

#1990 Re: General Discussion » mobile app. When? » 2023-03-20 18:32:22

KAMSI_UG;6133 wrote:

Ok so I believe that there is a Sport channel already available, the fact that anyone can create their own channel doesn’t mean any one should take advantage of that and reproduce just any channel.

Systems like that are very easily abused by people either ignorantly or trying to troll the forum. I believe the creation of channels should be moderated somehow and maybe for just the early periods till a working system that can operate independently is set up.

#1991 Re: Channels and Groups » The forum special board » 2023-03-20 18:29:08

Kelechi;6141 wrote:

FTX case is the case of not your seed phase not your wallet, not only did those users risk it all including their privacy by choosing centralized exchange, they went the extra mile to make the mistake of leaving their cryptos on an exchange.

To them it was not a mistake and they would repeat it if given the opportunity cause they have gotten used to trusting an establishment like the banks or government and are not ready to be unregulated and free.

There has been numerous hacks in the past and people still leave their money with centralized platforms.

#1992 Re: Channels and Groups » Let's have a sport board » 2023-03-20 18:26:23

It is a very good position for Barcelona and it is now their title to lose owing to their huge advantage over their chasing contenders. They have been excellent in the league with the best defensive record, letting only 9 goals in all season, and the second best attacking record, behind Real Madrid.

It is nothing more than they deserve really and I hope they have more European success next season.

#1993 Re: General Discussion » Beware of crypto recovery services! » 2023-03-20 18:23:28

Detroit;6233 wrote:

So you are saying that if I just realized that I was scammed and I cancel the transaction it won't work? I thought if you have just one confirmation you can cancel or it doesn't apply here.

You can only double spend a transaction when it has not gotten any confirmation, this does not count as reversing the transaction. Once it has been confirmed, there is no plausible way to reverse it, except you want to hijack the entire blockchain.

For ridiculously high amounts, you can wait for 3-6 confirmations.

#1994 Re: General Discussion » Warning: Don’t leave your funds on an exchange/crypto service » 2023-03-20 18:20:28

Cat;6095 wrote:

where should you store them then?

In a non custodian wallet, that way you have full ownership of your wallet without the interference of a third party.

Exchanges come with many risk such as loss, hacks and risk of your private information getting stolen and used for malicious activities.

#1995 Re: General Discussion » Only in English? » 2023-03-20 18:13:43

Detroit;6234 wrote:

That's a good idea.  But don't you think they will feel left out from the main boards?
How about installing translators so they keep everyone together and not making one party left out? It's just a suggestion anyway.

Not at all. They are free to interact in the main boards and also their local boards. I have seen it work in other forums and it does not limit anyone, it instead helps those who cannot speak English fluently.

Translators is not a feasible alternative for the forum.

#1996 Re: General Discussion » Only in English? » 2023-03-20 17:49:00

Cat;5963 wrote:

So, for example, if a lot of Chinese users come, will you allow Chinese too? Isn't it easier and more democratic to keep English?

If they cannot communicate in English or do not wish to, they can petition the admins to give them a local section, they already have the demand and activity to fill up the board.

This should kick-start the local section as other nationalities move to have their corner where they can discuss in their comfortable language and with people with similar experiences.

#1997 Re: General Discussion » Beware of crypto recovery services! » 2023-03-20 17:45:16

This is apt. Scammers recognize their victims to be vulnerable at the time and try to get them to fall for another scam right after scamming them. Your finds cannot be recovered by any magical service. One can try to seek legal recourse, but that is a slow, long and mostly unproductive step. Move on from it.

full;6218 wrote:

Yes, 98% percent of all cryptocurrencies are irreversible, and those that can be reversed are only done when the transaction is yet to be confirmed through double-spending.

100% of the time. Unconfirmed transactions do not count. They were never confirmed.

#1998 Re: Channels and Groups » Let's have a sport board » 2023-03-18 17:35:37

thrive;5874 wrote:

This year's Champion league quarter-final is like a hot seat for Chelsea and Manchester City because the chance of the two teams moving to the next level is slim but if Manchester City want to rewrite their history and shows the fans they mean what they said some weeks ago when they said their focus was on Champion league they need to win this match.

At this stage in the competition, the draw does not matter much cause any team is a potential banana peel, even the ones with lower ratings. We have seen Villareal and Ajax knock out giants of the game like Bayern Munich and Real Madrid.

Every team is in a hot seat and would have to give it their all if they are to progress to the next round of the competition.

#1999 Re: General Discussion » Warning: Don’t leave your funds on an exchange/crypto service » 2023-03-18 17:30:25

Detroit;5977 wrote:

You totally have a point there. But you will agree with me that organizing some social gathering examples seminars and webinars would elevate or improve the chances of people being thier own bank.

I guess there is no harm in trying. Even if just one person is convinced to act as their own banks as a result of such an event, then it is totally worth it.

Whoever would organize it would need to be well grounded on how to act as your own bank, including best security practices and privacy methods.

#2000 Re: General Discussion » Utopia in China. » 2023-03-18 13:02:04

Detroit;5854 wrote:

Are those coins really surviving in those places? The majority of these private and anonymous coins are kept secret, just like drug deals because if the government should catch you, you will be in a lot of trouble.

You can pretty much use any cryptocurrency without anyone being able to trace it to you, it is designed to be cryptic so as long as you avoid centralized exchanges, you should be fine.

What makes privacy coins different is that your blockchain activities cannot be linked together. With bitcoin you are pseudo anonymous; I know a wallet owns certain amount of coins, but do not know the owner, with privacy coins, you cannot tell which wallet is transferring to which.

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