Topic: Info-thread: Translation of Useful English topics to Pidgin {mix images} - page 2. (Read 15996 times)

Thank you nheer as you don help me translate dis topic  for me. You don do another good work!

This topic de very special for me, e de touch me well well anytime i think about how Satoshi manage change d whole world and blood no flow from anybody! Dis be more of a philosophical writing, but e de state true fact: all of us bin live (and we still de live) inside bloodless revolution.

Satoshi bin no ever wan blood. Him bin just wan free us. Free us from banks, from government oppression, from any third party wey just wan steal for our hand in any way. Him don carry bitcoin come for us for free and we fit get full control of our moni since d time wey bitcoin come

Translated Topic in Pidgin Language: Bitcoin - Revolution wey de bloodless
Original Topic: Bitcoin - a bloodless revolution
Author: GazetaBitcoin

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All revolution de imply say blood must flow. Na why revolution flags de always red.

Since spatacus’ rebellion (71 - 71 BC) go American Revolution (1765 - 1783); from French Revolution (1789 - 1799) go Hungarian Revolution from Budapest (1956); from Prague (1968) go Carnation Revolution from Portugal (1974); from Mexican Revolution wey na Emiliano Zapata salazar lead dem (1910 - 1920) go Great Proletarian Cultural Revolution wey Mao Zedong launch (1966) go Nicaraguan Revolution (‘60 and ‘70) and go Romanian Revolution 1989. And d list fit continue sef. All revolution get their bloodbaths. Their leaders bin get purposes wey dem bin de fight for, but none of dem bin succeed bloodless revolution.

Until Satoshi Nakamoto

Satoshi bin no get intention say him wan be revolution leader, buh wetin him bin create -- Bitcoin -- bin revolutionized the whole world. E bin take power from d hands of senior men con carry am give d piple back. Piple con begin de fit control deir own moni and nobody con de force dem make dem involve third parties. Bitcoin con cancel middle men and dem governs and banks con de irrelevant for piple wey de rely on bitcoin. E de disrupt traditional moni and e don implement a new paradigm. A purely peer to peer version of electronic cash wey go allow make we fit send online payment directly from one party to another and e no go pass through any financial institution. Bitcoin na im be d first revolution 4 history wey blood no flow.

Nobody bin die make bitcoin take prevail. For bitcoin revolution dem no scatter anywhere, dem no massacre piple, dem no kill anybody and dem no do any dangerous thing wey de happen for other revolutions. E bin help poor piple and piple wey hunger wan kill to get chance live and fight for their lives. E con help piple connect from all over the world. And no political leader fit shut bitcoin down. D revolution don de continue pass 10 years now.  And everyday, e de get more adept.

Plenty times i don ask myself how bitcoin manage run dis bloodless revolution thing sef. And sometimes i go con de think say, somehow dis bitcoin revolution followed the rules Of Saul Alinsky. Alinsky na American activist, and among others, na him write the rules of successful revolution. As e de easy to see, non of his rules imply any violence

Rule 1: Power no be d only thing wey you get, but na wetin opponent think say you get. -- Since e show, govern’s, banks and other elites con de fear Bitcoin. Dem de feel say dem go loose all the power and authority weg dem get until then dem con begin de see bitcoin as big enemy, although bitcoin bin jus de him first days.

Rule 2: Whenever e possible, go outside d experience of an opponent. For here u go wan cause confusion, fear and retreat and ways wey him no go sabi how he go fight against. -- Elites no de ever fear say dem go loose their pawa over citizen. After all, govern’s and banks don de oppress piple for thousand years sef. Yet wen bitcoin land, together with him new pattern of peer-to-peer financial deals, join with pseudonymity wey dem fit improve well well tru tumblers and coin join, all oppressors con begin de confuse. Next thing wey dem feel na fear. Dem no sabi how dem go take fight bitcoin. And plenty years don pass now wey dem don de try shut down bitcoin but e no work.

Rule 3: Make opponents live up to their own book of rules. -- Bitcoin bin fight against elites with deir own pawa, as elites bin strip piple wey dem no get control of deir money for plenty years, naso bitcoin do too, wey him give piple back d pawa to control deir own moni.

Rule 4: Ridicule na im be man’s most potent weapon. E de hard to counterattack ridicule, and e de vex d opposition, wey go con react to your advantage. -- Governs de always wan sabi d amount of money wey each citizen get and how dem de spend deir money. Satoshi build bitcoin in a way wey e go rubbish d greed wey government get make dem sabi all d transactions wey every citizen make: you fit see all bitcoin transactions for blockchain, wey be public; yet d addresses of persin wey send and persin wey receive na just strings of alphanumeric characters, wey de give out no names, no surnames, no personal information (assume say users no give deir personal information to third parties like dem centralized exchanges). Wetin Satoshi invent don use states eyes see shege and e be like e de say: “shey you wan know how much moni i get? Here you fit see am. Shey you wan see all my transactions? You fit see that one too. I don make am public, for your eyes. But wetin u no sabi na who i be.

Rule 5: Tactics wey dem de use for too long go turn wahala. Commitment fit turn ritualistic as piple de turn to other issues. -- Therefore dem need changing, even na small one. Bitcoin bin pass through changes during last decade. From segwit go bech32 and from taproot go plenty Bips, bitcoin bin change as time bin de go.

Rule 6: Keep the pressure on. Use different tactics and actions and use all events of d period for your purpose. “The major premise for tactics na d development of operations wey go maintain konstant pressure upon d opposition. Na dis thing go make d opposition react go your advantage.” -- Since bitcoin land govern’s and banks begin de feel pressure wey still de continue de grow constantly. Plenty time don pass wey piple get financial problem na bitcoin piple con de use. And d more dis kind terrible problem de happen, d more piple de embrace bitcoin, wey don lead to huge pressure ontop governs shoulder, as dem don de see say d power wey dem take de control piple don de fall comot for deir hand and piple fit organize dem self on deir own without the intervention of State, banks and other third parties.

Rule 7: Pick d target, freeze am, personalize am, den make u polarize am. -- Bitcoin don choose im target even before dem born am: D financial system wey de exist, d middlemen, d govern’s and d bank. Dem bin show deir intentions, in a subtle way, even from em genesis block, wey dey carry d following message: ”Chancellor wey de ontop brink of second bailout for banks".

We fit get many years to live and naso our children and grandchildren fit get. Yet, i no know if we go fit ever see another revolution wey go de bloodless for future…

Okay Boss

I thank you say u dey interested. Actually eh, e still get oda topics wey dem fit still translate to pidgin and u fit see am here. But d tin be say, I nor dey work with low ranks. Sorry. Abeg no vex.

u get anoda one wey newbie fit translate bcus de rest wey I don read for ur work get photo for dem

I throw away salute for u Davidvictorson for d effort wey you put to take translate my tori! Wetin u do mak sense! And e dey sweet me for belle to see say one more of my topic don dey translated for Nigerian Pidgin language  Smiley

Dis tori na very important one for history: Phil Zimmermann and him invention wey e call PGP. D creation of PGP dey very important for cryptography sake of say all cryptography dey base on top PGP. Phil na genius and without am, we nor fit tok where cryptography for dey today or how our private communication go fit dey work.

Him na strong man for him time and now all of us dey benefit from wetin him create. Na im make i reason say this tori need for bitcoiners to read am. Make we nor forget those pipo wey first hustle for free cryptography, cryptography wey everybodi fit access and use now!

Translated Topic in Pidgin Language: Wetin Phil Zimmermann's Dey Reason about PGP  - Make all of us read am
Original Topic: Phil Zimmermann's thoughts about PGP - We all should read them  
Author: GazetaBitcoin

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To put mouth for The Crypto Anarchist Manifesto and The Cypherpunk Manifesto, wey I don tok about before, and also bitmover, I dey reason say anoda story wey go mak sense to read na d tori about PGP, as Phil Zimmermann wey himself tok am: Why I Write PGP.

Dem write d tori for June 1991 and dem come join join more tin afta 8 years, for 1999.

As e be, Phil dey wori about privacy wella, all d type of privacy – wey dey from private discussions to private emails to post cards and oda ones too.

"D right to privacy spread indirectly for d Bill wey show us wetin we get right to. But wen dem form d United States Constitution, d Founding Fathers no see any need to tok with their full chest about d right wey person get to private conversation.", dis one na wetin Phil been tok from d very beginning.

Him show say wit beta sense everibody get him right to privacy! Unfortunately, nor be everybody dey reason dis important part of their lives. But dis tori fit give people wey read inspiration. E dey tok y people nor dey like reason am even wen people dey put eye for their personal matter. E show y people, even though dem nor get anything to hide, make dem still get mouth to tok say "no!". E try to mak us dey agile to our own personal matte, wey dey as precious as our own bodi.

"If na person wey dey obey law nd u nor get anytin wey to dey hide, y e be say u nor dey always send ur paper mail 4 postcards? Wetin dey stop u to go do drug test wen dem ask u? Y u wan mak olopka get warrant b4 dem fit search ur crib? Wetin u dey try hide? If u dey shook ur mail inside envelope make pipo 4 nor see am, dat one mean say u fit be saboteur, drug dealer, or person wey too dey fear? Shey Law-abiding citizens need to hide their email?"

All these questions wey I just ask I nor need answer. And e nor matter, becos I still gats write am, so that pipo go fit understand their situation - na situation wey governs and olopa dem (wey still be d longer arms of the elites) dey hungry for person information, for financial information of their pipo, hungry for information, big information, and to take get am, dem do put camera wey be like witch as oyibo man technology dey change. From aproko dem to the one wey dem fit connect to your phone and to the one wey fit collect your emails. Difference nor dey: the method change, but na the same objective still dey - governs wan sabi everytin about their pipo, whether good or bad ones.

"PGP don give pipo power make dem take carry their own privacy. D matta don dey too much. Na him make I write am, na wetin Phil tok as him dey end d tori. I go advice say mak we listen to weitn him tok!

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P.S.: If you need more materials about PGP, nullius write two better plenti and making sense posts (here and here).

Mulțumesc, nullius, for ur writings! Na u inspire me to write dis one!

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Thank you nheer as you don translate this my topic go Pidgin English!  Great job!

This topic wey de about reputation for online systems na general code of conduct and we fit also apply am for our daily life. For online systems, however, e de very important. Na why i bin use this our forum do example: e no de easy to build good reputation, to earn piples trust, and na still something wey fit cast within a minute. For una wey no know, see wetin happen to yogg, na very respected member, and within a second na so him entire reputation take go, after him do one big mistake. Na so him suddenly reach trust score of -40.

De talk true, de do piple well, and de always keep to your word! Na the only things wey you need de do to get good reputation. E de easy to see, but e de also de hard to get...

I wish everybody best of luck for their business in the future.

Translated Topic in Pidgin Language: Why Reputation de Important for Free Market
Original Topic: Why Reputation is Important on the free Market
Author: GazetaBitcoin

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Plenty users join dis forum for trading activities. And d marchandise de vary - physical goods, digital goods, cryptocurrency exchange, auction, collectible, computer equipment, mining equipment and so on.

D forum de act as free market and the good reputation de important for successful trading. As Tim May talk more than 30 years pass, "Reputation go be d main importance, e go de more important for dealings pass the credit rating wey de today sef".

For Bitcointalk, d Reputation for inside trading de presented by d "Marketplace trust", which na score wey de show your positive, neutral and negative feedback. If a trader get bigger positive trust score, e for mean say he de trustworthy. D opposite na true also: if a trader get relevant negative trust, make una avoid am.

D system de very complex pass like that, but dis one no be d point of the topic. However, two important aspect de wey i suppose mention:
- for negative trust feedback, for this forum e get also a "flag system" wey we fit de use for more better explanation about a trader's untrustworthiness.
- Although dem bin design d trust system for trading activities, forum members de give feedback based on wetin dem de think about other piple, thus influencing the trust score. Thus, the user’s wey de interested to trade with another person suppose read carefully all the feedback about the person so im go get clear impression about who the person wey him wan follow trade be.

As i mention for up before, the topic no be about the trust or flag system but na about the importance for getting strong reputation. As the reputation take big na so the chance of d person to do transaction de take big. Also d opposite na true: make you try scam abi make you violate contract de scatter reputation

Generally, people wey de inside trading - e no matter if dem be seller or buyer - dem de always find smooth successful trades. And the general idea be say if person get good recommendation (in this case - feedbacks), the chances wey dem go fit scam am de low. Na why, a trader wey wan sell a product de get interest for buyer wey get feedback (and also a good trust score), wey dem talk say him de pay fast fast (for example). A trader wey wan buy de interested for seller wey get good feedback wey dem talk say him de send the product as him don agree to do, and say him product de land fast, e de de good shape and e no de get any damage etc.

Another problem wey dey happen well well na im be say: generally if the parties no get (two of them) good reputation, dem de ask this kind question: "Who go first send (the money / the goods)?". Basically, the one wey get reputation go ask the other one to first send, as him no fit prove him trustworthiness. If the other one no fit take the risk to first send, the deal no go happen be dat (make we no mention how the situation go be when the two parties get bad reputation). This problem e get very lower chances of happening if them get implied two parties wey get good reputation - for this case e de likely non of them go mind to send first.

Reputation na im de define us as individuals for the society and as a consequence, in trading activities.

Honest people and traders suppose de very interested in proving their trustworthiness for the free market, thus e go de able to easily, smoothly and successfully transact their merchandise.

However, if the trader na new member for here he / she suppose perform some steps, so him go fit gain trust from other people for trading activities. them no de build Reputation overnight, abi over month. E de take time to build strong reputation or make other people sabi your (user)name say you de “trustworthy”. But once a trader don get good reputation, the reputation don certify am say him be trustworthy merchandiser.

E get many ways wey you fit start trading career for free market. Maybe a new member fit start, as a seller, wey him go first send his goods and then him go de wait for money after. Or, if him be buyer, him go first send money and then him go de wait for the goods after. But him must choose carefully the other party and make sure say the party na person wey get good reputation, thus e go minimize the risks of being scammed. If the trade de successful, make u follow am with another and another and in time, with easy steps, the career for trading and the good reputation go de build.

As d talk wan end, Bitcointalk de even more complex when e reach trading mata. Besides the trust score and the feedbacks, a trader fit also consider the other party’s rank and merits wey him don earn so far. No be to look at the rank and merit alone, but carry everything together with the trust score. If a user get high rank or him don earn plenty merits before, these na d sign say d person get good intentions. E no de always be true, sha. But these aspects together with strong positive trust score de show say d person de less likely to scam people.

Everybody suppose take reasonable steps. But dem go put am for mind say to be trusted you must get good reputation. And as you get good reputation you for don prove am (many times) say you de honor your agreements.

Thank you sokani as you translate dis my topic wey describe how de state oppose, cryptography, cryptocurrencies and access to information. Dis essay na wonderful piece of work from Tim May and e dey amazing to see wetin him talk 30 years ago don become part of our reality.

For people wey neva read de manifesto before, I go suggest make una read am. E dey short and e make a lot of sense.

Translated Topic in Pidgin Language: De Crypto Anarchist Manifesto - Make all of us read am
Original Topic: The Crypto Anarchist Manifesto - We all should read it
Author: GazetaBitcoin

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Following de bitmover topic, another okponge article wey we must read na The Crypto Anarchist Manifesto wey Tim May write.

De essay first dey public in 1988 (4 years before Eric Hughes' article A Cypherpunk Manifesto) for de Crypto '88 conference and e describe de extraordinary vision Tim May get over some aspect wey come dey real 30 years after.

De manuscript explain how technology wey dey center on cryptography and reputation system go change de world as we take know am, including governs, taxes or economic control:

"Computer technology dey on de verge of providing individuals and groups wit de ability to communicate and interact wit each oda in a manner wey dey completely anonymous. Two persons fit exchange messages, conduct business, and negotiate electronic contracts without dem ever knowing deir true name or de legal identity of each oda. Interactions over network go dey untraceable, by de extensive re-routing of encrypted packets and temper-proof boxes wey come implement cryptographic protocols in a way wey e dey nearly perfect say dem no go fit temper wit am. Reputation go dey very important, asin very important in dealings dan de credit ratings of today. Dis development go change completely de nature of government regulation, de ability to dey tax and control economic interactions, de ability to dey keep information secret, and e go even change nature of trust and reputation".

We go certainly appreciate May's vision in crypto wit Jules Verne's vision for science-fiction.

Wit just small words, him talk so many actual technological developments, like smart contracts, Tor, Bitcoin technology or de reputation system (use for example on BitcoinTalk for de Merit and Trust systems).

De reference to de "True Name" fit dey inspired from Vernor Vinge novel. "True Names" (1981), wey be fine piece of art.

Him also foresee de appearance of de black market and de governs fight to stop information to dey reach de people.

"De state as usual go try to slow or stop de spread of dis technology, say na national security concerns - de use of de technology by drug dealers and tax evaders, and de fear of societal disintegration. Many of de concerns go dey valid, crypto anarchy go allow de trade of national secrets freely and go allow de trade of illegal and stolen materials. Anonymous computer market go even make possible de repugnant markets for assassinations and extortions. Various criminals and foreign elements go be active users of CryptoNet. But e no go stop de spread of crypto anarchy".

De essay end wit "Arise, you no get anything to loose but your barb wire fence!" Americans really know de barb wire fence, na part of deir history. Dem be separate de western cities from de cowboys with barb wire, wey want freedom come dey cut de wires. Na de call to fight against de governs corruption and oppression. Against secret agencies effort to shut down information.

Make all of us continue Cypherpunk work and dey fight for freedom!

Translated Topic in Pidgin Language: Real Stori--Watin you go see wen person theft ur identity ||Comot hand from CEXs oh
Original Topic:What happens when your identity is stolen -- real story || Avoid CEXs!
Author: GazetaBitcoin

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Watin u go read so na real stori of one Romanian guy way cor dey see shege everyday, after person thief he Identity. Nor b say he dey use centralise exchange but d way life tel show m shege e cor b like say hackers thief he identity from centralise exchange or any other platform. Dis stori na stori way go make you shine your eye. Everyone way dey use centralise exchange need to know say hackers fit hack d exchange any time and nor be only money dem fit collect bcos dem fit thief person personal identity and cor use against d person or d worst, be say d hackers fit go sell d person personal information for dark web where criminals fit buy m btw 1-5$ and d criminals fit cor go meet d real person of the information...

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One new stori from d Romanian newspaper Adevărul na talk about d stori of C.T. (36 years old), way dey stay Germany for the last 8 years.

He main hustle na driver in Mannheim but he still be vlogger and cor be like say d thieves of personal information cor go collect him name.

D matter start 2018 wen he dey drive go he house from Romania to Germany and Police cor arrest m for Hungary after he stop for normal check up, then d Police cor tell m say he dey part of d thieves way dey steal cars. He name way come out from police computer show say d guy na thief and he thief 22,000 Eur car but d guy be para for dem and try to explain say he nor get hand for d matter but d police cor tell m way make he call one Court for one city wa he never go b4.

Months later, wen he cor dey Germany, Romanian Police cor call m say person theft he personal information. They tell m say they know d thief but they still need m to come meet dem for Romania for some declarations. Wen d man cor go meet d Romanian police, normally he expect to fill forms but they still come carry him fingerprints, cor take m pictures, cor measure he height and make do lie-detector test.

Since then, d matter cor somehow worst for m. Everytime he dey drive go Romania, Custom Officer always dey stop m for road. Everytime way dis thing dey happen he dey always dey ashamed bcos dem go dey look m like criminal and na everytime way he dey go Romania he dey do dis thing bcos them dey see m as person way runaway comot for country because of bad way d person do.

Small time Austrian Police cor tell m say dem don arrest and imprisoned d person way thief he personal information.

But d matter nor end for there, in February dis year he cor get another issue, dis time with German Police. One day, around 6 in the morning, wen he dey work, he neighbour tell m say Police dey he house say dem dey look for m, bcos he thief 38,000 EUR boat. So d man believed say another thief don dey use he personal information again. Augsburg Police na cor look into d case dis time. He go there and he cor see d Augsburg police get plenty of he data, but d picture na another person dey. D Police cor dey ask m where he dey one day like dat for 2022 and he cor show them prove where he dey dat day with he phone for he Google account location history.

Lawyers don advice m to change name but he dey avoid dat side. For d end of d stori he cor dey talk say he dey fear make he nor go find out say person don go use he name carry loan or say dem go dey arrest m everywhere he dey go.

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D stori na sweet one abi. E nor matter how those thief tel dey collect d man personal information. Watin matter na be say dis thing fit happen to anybody way dey use centralised exchanges. Hackers fit collect your data. Even d exchanges fit sell m sef, just as Coinbase first do. You see say we nor dey talk about exchange way b like say their ways nor clear, way come from country way still dey grow but one of d biggest exchange for d world, dem catch m dey sell customers data.

So You go still like to use CEXs?

Thank you sokani as you translate dis my topic. Dis na de third article wey de reach de Nigerian community and I dey more than happy to see my words as you translate am in your beautiful language 😊

Dis topic torchlight small history information wey go help us understand how e bin take dey difficult to use cryptography few decades ago. Time don pass, dem no ban cryptocurrencies, still government dey use many tricks to stop cryptocurrencies. But as e take dey for cryptography, all their efforts no go work. As no person fit stop cryptocurrencies for olden days, no person go fit stop am today.

Translated Topic in Pidgin Language: Governs try to limit de public to access of information and freedom long long time ago
Original Topic: Governs try to limit access of public to information and freedom since ages
Author: GazetaBitcoin

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Today piece of history information come as a sequel to my other posts 1, 2, and 3.

Governs no wan make de public fit get information and dem don do everything wey dem fit do kpata-kpata to stop am long long time ago. The popular example na de invention of de printing press for 1884, as e come give big progress for information to dey easy to access and to make people dey free. After Gutenberg invention come enter public eye, de govern no fit hold again de way people fit get information as dem fit translate writings, books and manuscripts for different languages and spread am for different cultures. Na since dat year wey decentralization start. In 1517, de 95 theses wey Martin Luther write dem bin print am for thousands of copies and dem translate am for different languages and wetin him talk about de whole continent come know. As a result of him actions, de church come exclude am as their member. But without him and without de printing press, e dey sure say de protestant reform movement for fail.

Na person wey get information na him get power, and in general na de elites - governs, agencies, law enforcement na dem hold information. Or de church as e take be for Martin Luther case, and dem no wan make the public get am because e go mean say dem don lose power.

As we come dey enter modern times, but still in de olden days. De time of Cyberpunks, John Gilmore wey be one of dem bin get issue with de NSA. Or maybe I for write say de NSA bin get issue with am? One of de okponge victory of information against oppression na Gilmore wey lead am for 1989, wey him expose to de public secret document. De author of de document bin dey work for Xerox, and NSA bin specifically ask Xerox to destroy de document. John Gilmore bin no gree make dem suppress de information and come post de document for internet. Naso, people come sharply download am in thousands, and de kata-kata between Gilmore and NSA come start.

In 1992, another big kata-kata bin take place between John Gilmore and NSA. For obvious reasons (as e relate to suppression of free information), de manuscripts of William Friedman - as people regard am to be de grandfather of cryptography in USA - dem been classify the document, though na de time of WWII him write am. Gilmore no gree dis time, say Friedman work suppose dey available to any person wey dey interested. So him carry NSA go court and him come talk say de reason him request for dem to declassify the book na because of de Freedom of Information Act. Naso, NSA no gree respond to him request, las las na for court of law dem settle de mata. After dat, him come manage to find Friedman book for public library. During the court case dem bin tell am say if him no give de book to de govern, dem go accuse am of espionage wey go fit lead to 10 years in jail, as him bin dey in possession of classified materials. NSA no end there. Dem try to find any other "sensible" materials wey dey for public spaces. Gilmore tell de judge say wetin him find already dey public since de book dey for public library and na de same time wey him tell de press about the whole case. After small time, Aegean Park Press come print de book.

Gilmore case come become public de moment de govern back-off. Dem drop de charges and dem declassify de manuscripts. John Gilmore win, de people win, as public information remain for public hands, de way e suppose always be.

De fight for freedom of speech, for privacy and to make governs irrelevant start long long time ago. Now e dey our hands.

Tank u Agbe 4 translating ma topic into ur language! I dey happy sae anoda topic of ma own has been translated in ur local board!

Nd I see am sae im go dey help many piple wey wan kno abt Bitcoin, im history nd help dem 2 understand dis phenomenon more easily.

Di current topic sheds light on di palava many countries dey face as govts start doing CDBCs. Many go fall 4 di fact dat di state go offer cryptocurrency 2 di piple, bt dis topic go help us understand dat no govt go ever bring cryptocurrency 2 e citizens. Every govts dey find how dem wan control di piple, nd not 2 help dem 2 get their freedom. So take dis topic as a warning story. Di time of CDBC dey come nd all of us need go ready not 2 be fooled by di govts!

Translated Topic in Pidgin Language; Cryptocurrency nd digital money Palava by di state
Original Topic: Cryptocurrency vs digital money issued by the state
Author: GazetaBitcoin

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A specter dey haunt di present world, di specter of crypto anarchy - Tim May

I dey start dis topic as na "part two" of anoda topic of mine - Governs dey come 4 di traders!, im sef follow, 2 influenced by reading (di title of) dis thread: y di world governments e no dey use cryptocurrencies?.

Governments e no wan 2 use cryptocurrencies; at least no be even decentralized ones. Bcos dem need 2 control everything - 4rom personal information 2 data nd money. U no go fit do anything without a government issued ID - u no go go school, u no go go drive car, u no go go marry nd so on. Governs needs all their citizen's data, including their financial information. 4 dis reason governs try many ways 2 eradicate cash money nd switch dem with credit / debit cards. Cash money e no hard 2 tracked, while digital transactions e deh always stored by di banks, wey dey do doing na government arms, providing di leaders all di data dey ask abt piple.

Knowing all di hype abt crypto, understanding dat piple deh  head towards using digital currencies, governs don start, with bigger or smaller steps, 2 think abt offering such money 2 their piple. Bt no bi decentralized cryptocurrencies, wey dey anonymous or pseudonymous -- dem wan 2 offer centralized cryptocurrencies, a kind of money wey go be tracked, associated with real names nd wey get value 2 determined by di govern instead of di free market. Take 4 example Venezuela's Petro, Russia's CryptoRuble, Japan's J-coin, China nd so on.

Na true, state-issued digital currencies dey totally against 2 cryptocurrencies nd di differences btwn dem wey make so many, dat difficult 2 count all of dem:
- cryptocurrencies wey dem do am 2 liberate piple 4rom di slavery imposed by banks nd governments, removing di middle man nd facilitating peer 2 peer transfers; digital currencies issued by governs na based on trusted third parties (banks), dem don designed am 2 continue 2 enslave piple, 2 give dem dem illusion of freedom, wey be sae dem dey oppressed;
- cryptocurrencies dey provide anonymity / pseudonymity nd di users na their true owners, as dem dey hold their private keys; digital money invented by governs no go offer private keys 2 piple, go be trackable nd, highest won, e no go be mineable (instead, im go be held by di banks);
- (most of) cryptocurrencies get a particular number of coins, in order 2 avoid inflation; digital money issued by governs e no go get particular number, as di governs dey find inflation nd no deflation, bcuz inflation dey indirect tax supported by many piple even without being aware of. E dey more hard 2 force piple 2 accept direct tax, compared with imposing dem an indirect tax; in case di indirect tax e no even realized, governs' work e dey easier;
- cryptocurrencies' value is determined by the free market (or, at least, it should be; let's not think now abt whales); governs' money e get value established by di State.

Nd di list go go on.

As e be like dis, di only thing in common 4 cryptocurrencies nd di digital currencies palava by State na dat both wan 2 get rid of fiat money. Bt, obviously, 4 totally different reasons: cryptocurrencies wan 2 change di actual system, wey deh corrupt 2 di roots, nd di governs wan 2 keep di system, bt with a different financial instrument, wey go give piple di fake thinking of using cryptocurrencies.

Dis future wey forseen a long time ago by di Cypherpunks, di Founding Fathers of crypto anarchy. If na u dey among those who started 2 refuse governs' corrupt fiat money, no let urself tricked into using a digital currency issued by di State!

Arise, u no  lose anything bt ur barbed wire fences! (Tim May, Di Crypto Anarchist Manifesto, 1988)

[2 be continued]

Hey Davidvictorson, tank u 4 di gud words u tok!

I go tell u di truth nd I go admit dat, na Agbe helped me do am with a proper formulation any how, Me, I no bi Nigerian I bi Romanian.

Nd yes, Agbe don do a wonderful work nd im get all my respect!

Tank u 4 ur interest in translating ma topics! U go fit pick any one u like, of course. U go follow di rules wey I specified in ma topic nd send me a preview b4 posting di translation (dis na 2 make double-check b4 u go post am). Nd, of course, if u need any support 4rom me while working on a translation, I go always available.

Shew, GazetaBitcoin you too much. I shock when I see say you dey write for pidgin. The thing sweet me for belle I nor go lie. I even gats check your profile becos I come dey think say e be like say we get Nigerian wey dey disguise. Well nothing spoil sha. I like wetin Agbe don do. Me sef don look through your topics and I go try still translate one or two into our Nigerian Pidgin. Una doh

I thank u Agbe 4 every thing u do in translating dis topic of ma own! Dis na di first time wen a writing of ma own bin dey translated in ur language nd I dey happy well well 2 see dat! I dey very happy 2 see ur words translated in different languages, di thing dey give piple awareness abt different topics.

U select a very interesting topic, wey dey tell us how our leaders come dey strong head with bitcoiners. Na di thing wey happened in Romania nd oda kwantries 2. Secret e no dey anywhere: Leaders no like Bitcoin bcos dem think sae bitcoin go remove dem 4from power nd give am 2 di piple. Di konkon mata be sae, di mata go bad well well.

We go only think dat our fight 4 freedom -- through Bitcoin -- go help us be free of governs' nd banks' slavery! Di more we use am, di more power im go gets. nd di more powers im gets, di more powers im takes away 4rom governs nd give am back 2 us.

Be dey wise, be anonymous nd use Bitcoin!

Translated Topic in Pidgin Language; Governs dey come 4 traders!
Original Topic: Governs are coming for traders!
Author: GazetaBitcoin

Hey,

Wen I don think mani about am, I decided 2 translate dis write up of mine 4 di benefit on di oyibo pple wey dey di world. Di writing bin dey Romanian house of di forum, bt I think di information dey gud nd he go go around 2 mani pple wey im go reach, in order 2 avoid being subpoenaed by governs or oda law enforcing mechanism.

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Autor: GazetaBitcoin
Topic original: Guvernul vine! ANAF si DIICOT ii urmaresc pe traderi

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Dis won no bi joke o!
 I don talk am b4 with a lawyer friend, who don tell me about di mata (about traders being pursued by Romanian govern). 2 be more specific, authorities dey investigate some of his clients, which have 2 explain some plenty money dem transferred 2 their bank accounts.

Di traders come 2 di lawyer as they dem no know how 2 do their trading benefits. Nd di lawyer dey ask me if I go help am anyhow.

Basically, in Romania, di mata dey bad dis year afta di law 30/2910 was issued. Dis law wey about collecting di profits, adding di profits 4rom crypto, bt di wey dey carry out di e no dey pursue those pple wey no dey pay taxes, bt dem dey pursue those with big amounts transferred into di bank accounts.

I don tell ma friend dat make im tell im clients 2 get any possible log 4rom all di crypto exchanges wey im dey work with, in order 2 prove di acquisition price, bt na di marketing price. Anoda wisdom was 2 directly tell di exchanges, who dey act as companies nd who dem granted by di law 2 act as money processors, nd 2 ask dem extrasses with di transactions. If e dey possible, stamped wons. Since di exchanges dey use KYC nd AML, dem go also offer official papers wen dem need.

Ma friend tanked me 4 my ideas nd im come say im go try these methods.

TL;DR: governs dey come! Make u dey aware!
I never be fan 4 centralized crypto exchanges, as dem dey embrace exactly di opposite of di ideas behind Bitcoin: decentralization nd pseudonymity. Nd if everybody dey use Bitcoin nd di oda cryptocurrencies instead of our kwantri money (dat won means be sae “cryptonians” go realize only crypto-2-crypto transactions), den nothing go exist in any taxable earning. Bt nobody (or, almost nobody) acts dis way. Wat remains bi sae,  di centralized exchanges maintain di idea of trusted third party, concept wey Satoshi need am 2 remove am finished kpatakpa. Nd, if im go be used again di way dem do am 4, Bitcoin go remove any third party wey dey.

Mani of di users go 2 a centralized crypto exchange bcoz dem dey convenience, bcuz dem no understand di risks or bcoz dem lack di knowledge abt their alternatives.
1. Convenience dey understandable. Basically, u'v ur funds in a wallet (which u no own actually, as di exchange dey true 4 di owner of di money) nd u go access dem anytime. Nd u go make transactions also anytime u need am.

2. Risks, however, dey many. “ur” exchange wallet e no actually belong 2 u, bt 2 di exchange. Why? Bcos u no have di private keys. See wat happened with Mt. Gox, Binance (twice), Criptsy, Cyptopia, Bitfinex etc. Di same thing happens also if di owner of di exchange e don decides an exit scam. Wen dem never get di private keys, u no own di funds.

Anoda risk is determined by di fact dat di centralized exchanges act as banks nd collect customers’ private data, being forced by governs 2 hve implemented KYC nd AML (Know Your Customer nd Anti Money Laundering) procedures. Nd di govern dey hungry well well 4 all di entity 4 personal data. Giving ur secret info, 2geda with being totally careless abt ur own privacy / anonymity will only put in di frying pan, sooner or later, all those who used these “services”, as it happened with Coinbase clients. If di users hve an evidence of all di transactions nd if dem paid their taxes, dem go bi OK. Besides, everything go bi OK also with those who bought at a higher price nd sold at a lower prices, thus without earning any profit, bt dem go present these evidences as well 2 di authorities. However, even di “law abiding citizens”, go certainly no go like all w bi investigated by di authorities.

Di major problem na 4 those who no hve such evidence nd with those who no pay di taxes. These ones, 4 di governs, go appear as criminals. As tax evazionists.

I agree, di question “if state no accept cryptocurrency as a form of money, why  dem go tax am?” Na di gud won bi dat. Di following na di answer: bcuz it generates earnings. Maybe, if there go bi such thing as trading leaves, even di  profits 4rom selling leaves go bi taxed.

Thus, we get 2 di question “how we go preserve our privacy?”.

3. Lack of knowledge abt alternatives na won of di konkon 4 wat di crypto newbies head towards centralized exchanges. Bt alternatives dey exist.
Di number 1 solution dey represent di peer-2-peer decentralized exchanges, where di transactions dey performed directly between di users, dem dey fully unknown, nd di role of di exchange dey merely 2 help users 2 contact each oda, without holding their money / private keys.
Besides, di cash-in / cash-out Bitcoin ATMs may bi an alternative, bcoz in dis case we no need 2 reveal personal information. Indeed, these terminals e no use a friendly price 4 buying / selling crypto. Bt privacy e get price, though.
Finally, u can perform peer-2-peer transactions with piple u know, or with piple with high reputation in di field, bt also with pesens u don’t personally know, similar with Amazon / Ali Express transactions.

All of di above dey suggestions 4 those willing 2 exchange crypto with fiat money. Only wen doing dis intervenes di pseudonymity nd di exposure. However, while di transactions dey entirely crypto-2-crypto, di anonymity e fi bi preserved beta. Apart 4rom, all of di above e no dey represent an advice 4 how 2 avoid taxes. Every citizen go pay im taxes. Bt working with centralized crypto exchanges e no dey just exposing di users 2 governs, bt also endangering their funds.

I dey close am here by admitting di contribution of centralized crypto exchanges in raising di awareness about cryptocurrencies. Perhaps, without dem, fewer piple go e don hear about Bitcoin nd oda cryptocurrencies. Di exchanges e don overwhelm di role inside di ecosystem. Bt still, dem fit bring huge prejudices. Now, whoever chooses using dem, go do it by fully understanding how dem work.

Edit: just afta writing di topic it came into mind anoda example of traders being chased by governs.

Also in Romania, afta di first crypto exchange wey closed BTCxChange, di owner made di paperwork 4 fully shutting down di company. Practically, in such a case, di site (operation) e dey close, bt di company still dey exists in di registries until I'm go fully closed.

Max Nicula, di owner if di defunct BTCxChange stated recently dat even 2day, 1.5 years afta closing di exchange's site, im no fit close di firm bcuz ANAF (di Romanian version of IRS) started an investigation wen im requested 2 close di operations. Wat dey very important, im asked 2 provide 2 di authorities all im customers names nd data, dis also happened at Coinbase. In dat case, di company was requested forced 2 release di clients' data in order 2 function, while in dis case di company has (still) 2 give out dis data in order 2 bi closed.

Even many intriguing dey dat Coinbase, where de applied a decision of a Court, in BTCxChange's case ANAF came with only a formal request. Max Nicula said im no keep di clients' data after dem close dey site, therefore di investigation still dey go on, di company never closed, bt dat won na anoda story.

Wat dey important dey dat Coinbase history repeats nd I suspect dem dey hundreds of oda similar cases worlwide.

Edit 2: 4 more dangers associated with KYC please read also a topic which dey complementary 2 dis won: Why KYC dey extremely dangerous – nd useless

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Translations (in chronological order):

• Română: Guvernul vine! ANAF si DIICOT ii urmaresc pe traderi, translation by GazetaBitcoin