Learn a skill instead, you will be set for life. - page 2.

Obari

sr. member

Activity: 602

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I buy all valid country Gift cards swiftly.

Quote from: Freddie Boyer on May 23, 2024, 12:44:07 AM

Quote from: Obari on May 22, 2024, 05:33:45 PM

Late, cryptocurrency and bitcoin precisely has been losing its sweet savor of decentralization and I think if there is any reason for people to begin withdrawing from bitcoin and cryptocurrency is now but unfortunately, I’m not sure anyone who already knows how bitcoin works and how to profit from it, wouldn’t deer to want to give up on crypto but lately, government agencies have been fighting crypto for absolutely no definite reason and that has already driven a lot of fears into the mind of exchange and wallet owners and no none wants to risk themselves.

Another thing worth saying is that, no matter how long government fights crypto they woundnt succeed because cryptocurrencies have come to stay .

Yes. But the essence of blockchain technology is also their main concern, it's strange. I don't know exactly what they really want and if I read in my country's media, the income from tax-specific crypto from exchanges that are legal and have obtained business permits this year alone is quite fantastic and next year they are trying to target even bigger.

Right, the income that comes into the state treasury from this sector alone is extraordinary. But still skeptical and anti the government... Grin

.

lol
The funny thing is that, the government isn’t ready to be left behind and considering how much is generated from cryptocurrency and exchanges, I think the government should be interested in wanting to tax the process.
Government is an embodiment of greedy fellows who at some points are already very obsessed with power and always ready to oppress the poor masses.
I don’t know your country but personally in my country, I think the government isn’t happy with whatever that librates the youth and gives them freedom which bitcoin is already doing

Personally I’m against anything criminality including money laundering and scams but I don’t think the government should be fighting crypto on this bases because even these practices are also carried out through the local fiat and the government shouldn’t be victimizing crypto.

Freddie Boyer

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Crypto WEB3 Neobank

Quote from: Obari on May 22, 2024, 05:33:45 PM

Late, cryptocurrency and bitcoin precisely has been losing its sweet savor of decentralization and I think if there is any reason for people to begin withdrawing from bitcoin and cryptocurrency is now but unfortunately, I’m not sure anyone who already knows how bitcoin works and how to profit from it, wouldn’t deer to want to give up on crypto but lately, government agencies have been fighting crypto for absolutely no definite reason and that has already driven a lot of fears into the mind of exchange and wallet owners and no none wants to risk themselves.

Another thing worth saying is that, no matter how long government fights crypto they woundnt succeed because cryptocurrencies have come to stay .

Yes. But the essence of blockchain technology is also their main concern, it's strange. I don't know exactly what they really want and if I read in my country's media, the income from tax-specific crypto from exchanges that are legal and have obtained business permits this year alone is quite fantastic and next year they are trying to target even bigger.

Right, the income that comes into the state treasury from this sector alone is extraordinary. But still skeptical and anti the government... Grin

.

Renampun

sr. member

Activity: 2338

Merit: 365

Quote from: Hamza2424 on May 22, 2024, 02:02:52 PM

Quote from: 348Judah on May 18, 2024, 01:23:18 PM

Quote from: Outhue on May 07, 2024, 01:46:53 AM

...

Well, there's a huge misconception at this point that Bitcoin or any public network crypto can be directly used for money laundering, No one can do that until he uses some kind of bypass methods or services, or a private Blockchain network. Becasue in Blockchain the data is always available to Onchain it can be directly tracked and the money laundering cant be one in such a transparent system.

I don't know where people who launder money get the news that the illegal transactions they carry out can go undetected when they use bitcoin or other altcoin networks, they don't know that blockchain technology records all transactions made. Cryptocurrency is very different from fiat, fiat can be completely untraceable and until now fiat is a medium of exchange that is often used in various illegal transactions, fiat is untraceable because it uses traditional methods while cryptocurrency is traceable because it uses blockchain technology.

Obari

sr. member

Activity: 602

Merit: 442

I buy all valid country Gift cards swiftly.

Lately, cryptocurrency and bitcoin precisely has been losing its sweet savor of decentralization and I think if there is any reason for people to begin withdrawing from bitcoin and cryptocurrency is now but unfortunately, I’m not sure anyone who already knows how bitcoin works and how to profit from it, wouldn’t deer to want to give up on crypto but lately, government agencies have been fighting crypto for absolutely no definite reason and that has already driven a lot of fears into the mind of exchange and wallet owners and no none wants to risk themselves.

Another thing worth saying is that, no matter how long government fights crypto they woundnt succeed because cryptocurrencies have come to stay .

Hamza2424

legendary

Activity: 966

Merit: 1042

#SWGT CERTIK Audited

Quote from: 348Judah on May 18, 2024, 01:23:18 PM

Quote from: Outhue on May 07, 2024, 01:46:53 AM

Many newbies and beginners believe that crypto is a way they can move funds without the government knowing, you are wrong, in fact crypto is a very bad way of laundering money, everything you do can be traced.

If some are to use crypto for money laundry, they can do that and there is nothing others can do about it as long as they know the means and ways to channel their actions towards that, this is not because making laundering is good, but we have to know this that cryptocurrency networks or the blockchain technology were not aimed for that, why we need to use crypto is for us to have financial privacy and control our finances, which is a more preferred means we can handle our asset away from the governments and their regulations.

Well, there's a huge misconception at this point that Bitcoin or any public network crypto can be directly used for money laundering, No one can do that until he uses some kind of bypass methods or services, or a private Blockchain network. Becasue in Blockchain the data is always available to Onchain it can be directly tracked and the money laundering cant be one in such a transparent system.

Kristiyana

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Activity: 210

Merit: 36

Quote from: CryptSafe on May 18, 2024, 04:21:25 PM

Obviously, people think since crypto is anonymous, they could use it as a conduit for any reasons due them but they forgot that Crypto is an open ledger unlike the banks that hides their dirty deals after messing up. Anything transaction you do on chain is already stamped and can not be reversed to wiping out traces just like the commercial banks does.

Learning a skill is someworth reasonable because that would help one grow their streams of income for see you survival. If you are skilled in a particular field, you have the chances of being self employed and would be sort after by people who needs your services.

You're right skill acquisition is very important, because If you have a skill you want find anything difficult in life,skill acquisition has really helped a lot of people in providing shelters and other things for their families. However I think those people are mistaken crypto for something else is very hard to Lauder money using cryptocurrency because they don't hide anything, if they're talking about laundry I think the fiat is still the easiest way to make laundry without tracing it.

7juju

full member

Activity: 189

Merit: 119

Quote from: Davidvictorson on May 07, 2024, 03:06:01 AM

Cryptocurrency is the worst way to Launder money. No one can alter a transaction already recorded on the blockchain. It's just like say you can't run and you can't hide. And if you use the services of an exchange, where KYC is required and is highly regulated, you see.
Which is why I burst out laughing when people in government say that cryptocurrencies such as bitcoin has increased the crime rate or is used for illegal means. Fiat such as the dollar,pound, sterling, euro, naira are still the most common way of laundry money.

Those people saying those things are confused about bitcoin and other crypto currencies. They are saying those things just to make bitcoin look bad before the eyes of the ordinary masses. They know the real truth that fiat is the best wey to laundering money without trace, but they are pinning it on bitcoin and crypto at large. Everything is very transparent on bitcoin, the records are there, so for me the government saying that people are laundering money through bitcoin is just another excuses from their failures on many things.

hd49728

legendary

Activity: 2044

Merit: 1018

Not your keys, not your coins!

Quote from: moneystery on May 21, 2024, 10:20:42 PM

however, there are still many criminals who use bitcoin as their medium for transactions, because it is much easier and cheaper to use and they think that it cannot be traced. even though if they want, the authorities can track the transactions made by these users, especially when they use an exchange as a platform to exchange their bitcoins. if someone thinks that they are not immune to the police, then never use bitcoin as a tool to launder money, because it is a bad choice.

Governments need to find criminals and do their legal governance against criminals to help societies more safely and secured for their citizens.

It's unreasonable that governments want to go extreme against all citizens because they fail to control criminals in their societies. It's their failure in governance and regulation but by going extremely like this, it does help them to find criminals and put them into jail. This means they will continue to fail in protection on their citizens against criminals.

Quote from: Z_MBFM on May 21, 2024, 08:09:48 AM

If someone withdraws crypto from a centralized platform, it is possible to extract all his information because he has to complete kyc verification on that platform.

Non criminal citizens and users on centralized exchanges will use their real identity documents for KYC. They have no fear and they don't cheat exchanges and governments through KYC.

Criminals will not response frankly like this in KYC and they will use bought, stolen identity documents for KYC. So governments will continue to have troubles with criminals like they struggle with this issue in banks. They failed with KYC in banks, money laundering through banks and now they want to succeed in blockchains, it's unrealistic.

moneystery

full member

Activity: 868

Merit: 202

however, there are still many criminals who use bitcoin as their medium for transactions, because it is much easier and cheaper to use and they think that it cannot be traced. even though if they want, the authorities can track the transactions made by these users, especially when they use an exchange as a platform to exchange their bitcoins. if someone thinks that they are not immune to the police, then never use bitcoin as a tool to launder money, because it is a bad choice.

kamvreto

legendary

Activity: 1946

Merit: 1157

MAaaN...!! CUT THAT STUPID SHIT

Quote from: Riginac111 on May 18, 2024, 05:17:30 PM

Cryptocurrency is not the shortest way for someone to make a money there is other things that will give you money more than Bitcoin or more than any other cryptocurrency so it is advisable for we to notice that, cryptocurrency is a something that we can include as our site Hustle so that in future it will not affect us whoever that is into cryptocurrency I have one or two things that the manage in order to sustain life because life depending in crypto can neither disappoint you one day

Crypto can provide instant wealth or even long-term wealth, depending on how you manage the crypto. and yes, actually there are many other ways that can make money in the fastest way, but they can't be done by everyone, only certain people with good business ownership. has been in the crypto space for quite a while and made several thousand dollars to date. while making money in crypto I build my own business outside of crypto, which will give me a better income of course.

Fiasem20

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Activity: 322

Merit: 70

Cryptocurrency is even more open than any other currency you could think of.Transactions are stored on the Blockchain network and it cannot be tampered so it make it more easier to trace any form of illicit financial crime like money laundering.There is no room to hide illicit activities on the blockchain network that's one of the advantage we derive from it being transparent.
It's best people learn skills instead of indulging in criminal act and stop being the topic on the internet.

Ethan151

member

Activity: 97

Merit: 20

Your topic is interesting, especially since it relates to young people, who will be tomorrow's leaders. However, you shouldn't laugh at someone else's situation because you may not be sure if the person did it or was set up. Until you experience life from a different perspective, I believe you will understand what I mean. Nevertheless, your topic is interesting.

Learn Bitcoin

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Instant cryptocurrency exchange with own reserves!

Well, I have been seeing these types of articles for a long time, people suggesting others learn a skill and invest their time in it. But guys, you should understand that it's not possible for everyone especially when you are responsible for handling your family and have to work for them. I planned a couple of times to save an hour every day and learn something new like graphics design or coding. But, I never managed to do my work on time.

It is better to learn new skills before you join the work and when you do not work permanently. Learn anything possible before you are 18 so you don't have to take the pressure of making money for your family. I am telling this from my experience.

Z_MBFM

sr. member

Activity: 546

Merit: 309

Quote from: Davidvictorson on May 07, 2024, 03:06:01 AM

Cryptocurrency is the worst way to Launder money. No one can alter a transaction already recorded on the blockchain. It's just like say you can't run and you can't hide. And if you use the services of an exchange, where KYC is required and is highly regulated, you see.
Which is why I burst out laughing when people in government say that cryptocurrencies such as bitcoin has increased the crime rate or is used for illegal means. Fiat such as the dollar,pound, sterling, euro, naira are still the most common way of laundry money.

If someone withdraws crypto from a centralized platform, it is possible to extract all his information because he has to complete kyc verification on that platform. However, if someone transfers crypto from a non-custodial wallet, then in this case, even if this transaction is permanently recorded on the blogchain through the distribution ledger, it is not possible to extract someone's personal information through a public wallet. so no one can tell who completed that transaction unless someone knows him personally. so money laundering is easy to done thought Bitcoin and by using decentralised platform only.

Rustam Meraj

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Activity: 322

Merit: 260

Catalog Websites

Quote from: CryptSafe on May 20, 2024, 02:44:03 PM

Knowledge is very much important. Getting a skill is very important as well because it would serve as back up to you when it seems all is not alright with you. Your skills can save you of some problems which you could have encountered financially and otherwise. Just as you have said, you could suit yourself where ever you want to work and as it pleases you.

I have encountered people who told me they survived with the skills they learnt after school. Some told me they learnt their skills as a result of staying and waiting too long for jobs that were not fort coming and instead of wasting their time, they went for skills development and that has been their source of income and they are doing okay and perfectly well. So skills can save one in times of hardship and also get h one extra source of income.

I completely agree. Knowledge and skills are very important for dealing with life uncertainties. Having skill set can help us a lot when you are facing financial or personal problems. It is like having safety net that keeps us secure and gives us control over your life. With skills we can choose our own path and work that way we want. I have seen people succeed because they learned new skills often because they had to. Instead of waiting for opportunities that might never come they took action and developed valuable skills. These skills helped them get through tough times and even find new ways to earn money and feel fulfilled. In today fast changing world having skills is crucial for adapting and bouncing back. It's a reminder that investing in ourselves is always a good idea.

CryptSafe

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Activity: 728

Merit: 421

Quote from: Russlenat on May 18, 2024, 06:28:12 PM

Quote from: CryptSafe on May 18, 2024, 04:21:25 PM

Obviously, people think since crypto is anonymous, they could use it as a conduit for any reasons due them but they forgot that Crypto is an open ledger unlike the banks that hides their dirty deals after messing up. Anything transaction you do on chain is already stamped and can not be reversed to wiping out traces just like the commercial banks does.

Learning a skill is someworth reasonable because that would help one grow their streams of income for see you survival. If you are skilled in a particular field, you have the chances of being self employed and would be sort after by people who needs your services.

Seeing that crypto could be anonymous and yet it’s transparent, still doing money laundering using crypto is not safe. That’s why a lot still end up in jail. Whether it’s fiat or crypto, as long as money laundering is concerned, know that you’ll end up caught by authorities.

Knowledge and skills are necessities in life. If you don’t have certain skills or talents, you will never stay longer in your chosen career. But if you have special skills, you can always suit yourself where you want to work with that can even harness your own talents and skills.

Knowledge is very much important. Getting a skill is very important as well because it would serve as back up to you when it seems all is not alright with you. Your skills can save you of some problems which you could have encountered financially and otherwise. Just as you have said, you could suit yourself where ever you want to work and as it pleases you.

I have encountered people who told me they survived with the skills they learnt after school. Some told me they learnt their skills as a result of staying and waiting too long for jobs that were not fort coming and instead of wasting their time, they went for skills development and that has been their source of income and they are doing okay and perfectly well. So skills can save one in times of hardship and also get h one extra source of income.

Hyphen(-)

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Quote from: Outhue on May 07, 2024, 01:46:53 AM

If your source of money is not clean, crypto is not your home, where you should feel safe.

Some people might say why USDT, but let me tell you, even with Bitcoin and others you can still be traced, you will leave some footprint behind, it could take longer but one day, you will make a mistake.

Abstain yourself from illegal ways of making money, learn a skill and you will be set for life.

Learning skills is the best and will give you freedom and you will not depend on anyone to survive since you have your own skill that can earn you money.

Not all crypto is a dirty money, and you can use your hard earn money to invest in crypto and make good money from it and even if you are traced there is no offense unless if your country completely ban and restrict bitcoin and crypto transactions in your country.

Taskford

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Quote from: Outhue on May 07, 2024, 01:46:53 AM

Hi everyone, here is another example why you can't and shouldn't launder money using cryptocurrency.

https://crypto.news/heir-to-cartier-empire-arrested-for-attempted-money-laundering-using-usdt/

Many newbies and beginners believe that crypto is a way they can move funds without the government knowing, you are wrong, in fact crypto is a very bad way of laundering money, everything you do can be traced.

This guy is charged with drug trafficking and laundering of funds using USDT, I can't stop laughing when I read this news, USDT that's even wired to clap on illegal funds, it is centralized in and out.

If your source of money is not clean, crypto is not your home, where you should feel safe.

Some people might say why USDT, but let me tell you, even with Bitcoin and others you can still be traced, you will leave some footprint behind, it could take longer but one day, you will make a mistake.

Abstain yourself from illegal ways of making money, learn a skill and you will be set for life.

Maybe the older information they read about anonymity for bitcoin is not updated anymore since everything can be seen now in blockchain and anyone can track on where they put or move their funds so if some of them think about they can escape the government pressure regarding to what illegal things they do then maybe they should start to think twice about it.

Much better for them not do use bitcoin since government can freeze their funds especially if they send it to the platform which they are been regulated by their law. If they think about using mixer maybe they can escape them temporarily, but for what government do where they are massively combating to take down those platform I guess they can't use that for long term that's why right now they should start to use bitcoin in good way so that there will be no big issue that might occur to them since if government will track them for sure they can do it since they have all the capabilities to tracked them and do what actions they like to do. That's why its better to come clean and be a skilled individual since this could give us more better output also we can avoid any legal issues if we work on something that's not violating any law.

Kelward

sr. member

Activity: 588

Merit: 338

The advice is well taken, crime does not pay, whether it's in cryptocurrency or any other areas, criminals are bound to make just one tiny mistake that'll expose them and they'll be caught. I have the believe that if a government is bent on investigating anybody , that even if the person stash their loot in cryptocurrency, thorough investigation will find the person out. So crypto is not a safe haven for criminals.

To learn a skill or trade is very important for everybody, so that they won't be dependants on others to survive, and to reduce the chances of going into crime. Although learning a skill or trade is not a guarantee that the people will not be involved in crime, example is the person in the story who was born into wealth, yet he still chose criminality.

Z390

sr. member

Activity: 812

Merit: 315

Vave.com - Crypto Casino

Quote from: Riginac111 on May 18, 2024, 05:17:30 PM

Cryptocurrency is not the shortest way for someone to make a money there is other things that will give you money more than Bitcoin or more than any other cryptocurrency so it is advisable for we to notice that, cryptocurrency is a something that we can include as our site Hustle so that in future it will not affect us whoever that is into cryptocurrency I have one or two things that the manage in order to sustain life because life depending in crypto can neither disappoint you one day

The term shortest way you used is not right.

Ther is no short way of making money unless you plan to become a fraudster or a criminal, maybe pushing cocaine and others.

Crypto can be a side hustle for you but for many it's a full time job, ther are many developers in the crypto space that are running things 24/7 around the world, that's why we have wonderful projects like Ethereum , Cardano, Polkadot, and many others.

If they handled crypto as side hustle we wouldn't get this far, as for investors that I know, yes some are investing for short term while some are doing more than just investing, some are into trading and some are into mining Bitcoin, they don't have any other things they are doing than this.

Topic: Learn a skill instead, you will be set for life. - page 2. (Read 526 times)