In this series, I assume the role of a reader instead of a writer, discussing articles by other writers... things I recommend.
In a recent article, When People Choose crypto the Government get scared, @alberdioni8406 wrote:
“Governments are at constant war with the decentralized world not because they don't want the free market to exist but because they are always looking for control and monitoring of their citizens' finances.”
They are looking for exactly that with their ongoing crypto regulation: This is what @Pantera wrote yesterday: Subservience To the State - Custodial Wallets Invalidate Cryptocurrency. I fully agree when @Pantera says:
“With custodial wallets, crypto is not ours. It is like holding your crypto in an exchange. Put trust in these services that the money will be available upon request. [...]”
“Your crypto will be in the custody of a third party, which completely invalidates the point of cryptocurrencies.”
Is DeFi, Decentralized Finance, a threat to traditional banking? I think so, and, in my opinion, that is a good thing. The same author, @Pantera, discussed the question a couple of weeks ago in DeFi: A Threat to the Banking Establishment.
Another article about freedom from “Statist” involvement, not only in our finances, but in everything, is Voluntaryism: The Reasonable Alternative to Statist Chaos, by @VoluntaryJapan .
And while we are on the theme “Big Brothers” and their abuse of power, let's pay some attention to a non-state with state-like qualities and perhaps state-like ambitions – namely Facebook. Read Beware the Zuckerberg Nation State by @MarielB22 .
I never liked Facebook, not even when it was new, and I have never had a Facebook account and will never have one. The more it evolves, the worse it becomes. It is a quagmire of privacy violation and censorship!
Read also this by the same author: Correction: The Revolution Will be Televised.
How safe is Bitcoin? Read this article by @Telesfor : The danger of a death spiral with Bitcoin BTC. In my opinion, @Telesfor describes a “worst case” consequence of one of Bitcoin's major weaknesses, a weakness that has been eliminated in BCH.
Bitcoin BTC is the first genuine cryptocurrency, but to see it as an ultimate solution to the problems it tries to solve, is just naïve. It was naïve already in 2010, and it is even more so now. It is merely the first step in a new line of the evolution of money. New and better cryptocurrencies undoubtedly will follow. BCH definitely is a better one, and, as I have to agree with many other authors here, it better satisfies the initial goals as they were expressed by Satoshi Nakamoto. BTC has not evolved well, but BCH so far has.
If you don't know how to create a secure password that is still easy to remember, the method described by @JLoberiza in How to create a secure password that you can remember can be useful.
“Streaks can demolish your advancement.“ writes @jamesmichelea in Breaking a Series for Better Improvement. This is quite relevant for people being obsessed by streaks, and I think that is a quite common obsession.
In You never know who you might run into in the future, @Kitki presents a thought-worthy little story.
“I don’t remember the things I did that hating life has completely gone in my mind. I think it was that I live my life with a purpose. I set my own goals and attend to my priorities. It was like I slowly understood the meaning of life and forgot about hating it.“ (@Bjorn)
I must admit that I cannot relate to the feeling he describes. I have had my share of bad times and more than that, but even in the deepest darkness, I always found life interesting and thus in some sense enjoyable. Yet I think many people feel as @Bjorn, although not always with a happy ending.
@NakamotoBch recently wrote The Power Of Thinking And How To Improve Your Thinking Skills. What he says is something that can never be repeated too much.
Finally, I want to wish @aniruddhasen welcome back in his capacity as an author! After about 3 month's break, he has posted 2 articles: The more things change the more they remain the same and The price of security.
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