uTalk

Official forum for Utopia Community

You are not logged in.

#201 2024-01-31 22:44:46

gap
Member
Registered: 2023-06-14
Posts: 1,105

Re: One of the reason you should not trust Government or centralized syste

Has the utopia P2P ecosystem include that the government collect each and every citizens information in order to monitor, control, and redesigned in a way that people's its legislation.

Offline

#202 2024-02-03 06:24:46

Comrade
Member
From: Utopia App Client
Registered: 2022-12-30
Posts: 1,558

Re: One of the reason you should not trust Government or centralized syste

National development  constitutes a revenue base on the resources of the country which can integrated by authorities but in the system of crypto currency create a glitch of power

Offline

#203 2024-02-03 20:11:50

Europ
Member
Registered: 2023-05-23
Posts: 1,372

Re: One of the reason you should not trust Government or centralized syste

In the few years of establishments of cryptocurrency, the government have no participation over the development and succession of the cryptocurrency, Netherless, the national Currency has always keeps crashing which makes it a waste of value in storage.

Offline

#204 2024-02-03 21:49:44

gap
Member
Registered: 2023-06-14
Posts: 1,105

Re: One of the reason you should not trust Government or centralized syste

The government have a remarkable strength to shutdown every control system of their nation and also contribute to system changing and increasing tax charges every year.

Offline

#205 2024-02-10 22:59:47

Europ
Member
Registered: 2023-05-23
Posts: 1,372

Re: One of the reason you should not trust Government or centralized syste

In fact, by the time decentralization reaches every corner of the planet, we will have replaced hierarchies that are abundant in our centralized societies with a fairer framework.

Offline

#206 2024-02-10 23:01:31

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 1,585

Re: One of the reason you should not trust Government or centralized syste

Europ;31716 wrote:

In fact, by the time decentralization reaches every corner of the planet, we will have replaced hierarchies that are abundant in our centralized societies with a fairer framework.

Distributing executive powers among every organization member makes them accountable and motivated for growth. They will understand various aspects of decision-making. Moreover, decentralization makes way for diversified decision-making for a diverse and vibrant society.

Offline

#207 2024-02-10 23:02:43

gap
Member
Registered: 2023-06-14
Posts: 1,105

Re: One of the reason you should not trust Government or centralized syste

crpuusd;31717 wrote:
Europ;31716 wrote:

In fact, by the time decentralization reaches every corner of the planet, we will have replaced hierarchies that are abundant in our centralized societies with a fairer framework.

Distributing executive powers among every organization member makes them accountable and motivated for growth. They will understand various aspects of decision-making. Moreover, decentralization makes way for diversified decision-making for a diverse and vibrant society.

Since the powers are distributed amongst various organizational levels, it leads to effective and efficient communication among the members. It helps with developing better relationships among colleagues.

Offline

#208 2024-02-11 20:44:21

Comrade
Member
From: Utopia App Client
Registered: 2022-12-30
Posts: 1,558

Re: One of the reason you should not trust Government or centralized syste

Offers of free money from government grants are scams. Someone might offer you a grant to pay for education, home repairs, home business expenses, or unpaid bills. But they’re all scams. Here’s how to avoid a government grant scam, and how to report it

Offline

#209 2024-02-11 20:49:36

Europ
Member
Registered: 2023-05-23
Posts: 1,372

Re: One of the reason you should not trust Government or centralized syste

They put ads online for (fake) government grants. Or they might call you using a fake number that shows up on your caller ID so it looks like they’re calling from a federal or state government agency. Some send texts, emails, or messages on social media saying you might qualify for free money from the government.

Offline

#210 2024-02-11 21:10:24

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 1,585

Re: One of the reason you should not trust Government or centralized syste

Contact your service provider to take back control of your phone number. Once you do, change your account password.
Also check your credit card, bank, and other financial accounts for unauthorized charges or changes. If you see any, report them to the company or institution. Then go to IdentityTheft.gov to see what steps you should take.

Offline

#211 2024-02-11 22:13:49

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 2,282

Re: One of the reason you should not trust Government or centralized syste

Well, I think Users of centralized exchanges are essentially relying on the exchange as a counterparty to their transaction.

Offline

#212 2024-02-15 22:02:00

KAMSI_UG
Member
Registered: 2022-12-26
Posts: 1,894

Re: One of the reason you should not trust Government or centralized syste

Comrade;31817 wrote:

Offers of free money from government grants are scams. Someone might offer you a grant to pay for education, home repairs, home business expenses, or unpaid bills. But they’re all scams. Here’s how to avoid a government grant scam, and how to report it

Also, to avoid falling victim to a government grant scam, it's essential to be skeptical of unsolicited offers, especially those requesting personal or financial information upfront.

Offline

#213 2024-02-15 22:02:57

Kelechi
Member
Registered: 2022-12-25
Posts: 2,148

Re: One of the reason you should not trust Government or centralized syste

It’s best to Protect yourself from government grant scams by conducting thorough research and verifying the legitimacy of the organization offering the grant

Offline

#214 2024-02-15 22:04:00

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 2,282

Re: One of the reason you should not trust Government or centralized syste

Kelechi;32045 wrote:

It’s best to Protect yourself from government grant scams by conducting thorough research and verifying the legitimacy of the organization offering the grant

That’s true mate, be cautious of any requests for payment or sensitive information in exchange for grant funds, as legitimate grants do not require upfront fees or personal financial details

Offline

#215 2024-02-17 18:13:54

Europ
Member
Registered: 2023-05-23
Posts: 1,372

Re: One of the reason you should not trust Government or centralized syste

Cryptocurrencies as a payment medium are not regulated or issued by any central authority in India. There are no guidelines laid down for sorting disagreements while dealing with cryptocurrency. So, if you wish to trade in crypto, do it at your own risk.

Offline

#216 2024-02-17 18:16:49

gap
Member
Registered: 2023-06-14
Posts: 1,105

Re: One of the reason you should not trust Government or centralized syste

Europ;32203 wrote:

Cryptocurrencies as a payment medium are not regulated or issued by any central authority in India. There are no guidelines laid down for sorting disagreements while dealing with cryptocurrency. So, if you wish to trade in crypto, do it at your own risk.

Do you know that the Reserve Bank Of India (RBI) Governor and other key ministers from time to time, it can be safe to state cryptocurrency is not banned in India. Till 2022, cryptocurrency was unregulated in the country. This changed after the government set forth a 30% and 1% tax on profits from cryptocurrencies and tax deducted at source respectively in the Union Budget of 2022.

Offline

#217 2024-02-17 18:18:59

crpuusd
Member
From: Blockchain
Registered: 2022-12-13
Posts: 1,585

Re: One of the reason you should not trust Government or centralized syste

gap;32204 wrote:

<div class="quotebox"><cite>Europ;32203 wrote:</cite><blockquote><div><p>Cryptocurrencies as a payment medium are not regulated or issued by any central authority in India. There are no guidelines laid down for sorting disagreements while dealing with cryptocurrency. So, if you wish to trade in crypto, do it at your own risk.</p></div></blockquote></div><p>Do you know that the Reserve Bank Of India (RBI) Governor and other key ministers from time to time, it can be safe to state cryptocurrency is not banned in India. Till 2022, cryptocurrency was unregulated in the country. This changed after the government set forth a 30% and 1% tax on profits from cryptocurrencies and tax deducted at source respectively in the Union Budget of 2022.</p>

Tax on cryptocurrency is one of the most confusing investment aspects in India. In the beginning years, there was no income tax or goods and services tax (GST) on cryptocurrencies in India but in the recent Union Budget 2022, a tax regime for digital or virtual assets that include cryptocurrency has been introduced.

Offline

#218 2024-02-25 21:57:47

CrytoCynthia
Member
Registered: 2022-11-19
Posts: 2,282

Re: One of the reason you should not trust Government or centralized syste

I think Centralized exchanges operate as custodians of users' funds, holding assets on behalf of customers in centralized wallets.

Offline

#219 2024-02-25 21:59:29

KAMSI_UG
Member
Registered: 2022-12-26
Posts: 1,894

Re: One of the reason you should not trust Government or centralized syste

CrytoCynthia;32818 wrote:

I think Centralized exchanges operate as custodians of users' funds, holding assets on behalf of customers in centralized wallets.

You are right mate, this custodial arrangement introduces counterparty risk, as users must trust the exchange to securely manage and safeguard their funds. In the event of insolvency or bankruptcy, users may face difficulties recovering their assets

Offline

#220 2024-02-25 22:01:34

Kelechi
Member
Registered: 2022-12-25
Posts: 2,148

Re: One of the reason you should not trust Government or centralized syste

Centralized exchanges represent single points of failure in the cryptocurrency ecosystem, as their operations are centralized under the control of a single entity or organization. This centralization can lead to vulnerabilities, manipulation, censorship, or conflicts of interest that undermine the integrity and trustworthiness of the exchange.

Offline

Board footer

Powered by FluxBB