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Showing posts with label electrum. Show all posts
Showing posts with label electrum. Show all posts

Tuesday, August 8, 2017

The New Way To Think


What we must understand is we need to have complete control of our coins. Exchanges are fine if the coin cannot be shape-shift easily, but that should tell you that the coins you mine should be on that shape-shift list.

During recent events with the BTC-e exchange having the FBI take it down, it is hard to get the perspective because I know for a fact after being in the Military for ten years, that All of them do not even know the actual codes, they have to look it up, and the book sits on the shelf until they can use it. Secondly, they only use a small context that benefits their reason. This is a form of dishonesty, and I can not fully accept it.

Since I do not have all the facts of what is going on with this situation, I will just educate. The FBI cannot Seize it, if they do they have committed a crime. It is Decentralized and Deregulated. The agents do not have the authority under decentralization, Only fear allows you to allow them. If the data is on a cloud or your wallet It cannot be seized so why would you put your information out there in the first place.

All the coins I mine Go directly to my wallet and I shape-shift them directly to another. I have no information, they cannot get at my money because there is no central information. And If I happen to find I have to use an exchange I will never exchange more that $16.00 value at any given time.

This Form of currency was meant to be private. I have heard all of the Horror stories that Bitcoin along with others is not. Listen get an electrum Bitcoin wallet and look ant multi-signature, look at sending addresses, look at mixing. There is no way to trace, because it was meant to protect you from hackers.

Every-time you send a transaction from your Bitcoin wallet, you generate a different sending address. I asked a year ago when I did a blog on the Block-chain, to anyone telling them if Bitcoin is not ANONYMOUS, then tell me how much did I send 5 minutes before I posted that article. To this day not one had the answer. Because it is all speculation and lies.

Usually, your transactions become public when you use a centralized exchange. If you would only use the exchange for small values, and shape-shift your larger ones, you will find that there will be a far better world when you are in control and there is no central hub that has your information.

Shape-shift is for PRIVATE PERSONS WISHING TO KEEP THEIR FINANCIAL SECURITY a RIGHT PROTECTED AND WILL NEVER BE UNPROTECTED. This statement is true so long as people start to stop sharing their information with exchanges.

It is fine, as I said, If you do a small value, so people do not see. There are similar services but one has to understand it is an address only transaction now, instead of where an exchange your information is broadcasted on what you are trading.



Want pure anonymous safe secure exchanges only deal with the coins you can shape-shift.


Tuesday, May 24, 2016

Crypto Currency The Road to freedom


I have been in the CryptoCurrency aspect of life for almost 3 years now. I have not let the skeptics sway my decision to get into this field. The reason is the open source code shows that this currency, free from the crooked Central Banks Works so much better, and yet being backed by raw mathematics, allows this currency to be perfect. Sure there will always be those that have no brains and want to do bad, but that is not the majority, that is actually the minority.

If you think about it, the US Dollar has bought more drugs than the crypto currency would ever be able to keep up with. So let us look at this from a logical perspective

Benefits:

Crypto Currency in itself is not governed or controlled by any central bank or government entity.

Crypto Currency is inflation proof. The program software already has the limit of each specific coin. Bitcoin being the standard is the central point and acts as Networking gold.

In the event of an economic crisis that the Central banks cause, crypto currency users become officially immune and can continue to purchase day to day items strengthening the economy.


So how is crypto coins produced?

Crypto currency, such as Bitcoin, is produced by a process called mining. Mining is the process where the miner actually does three things.

1. The Computer or miner is used to solve very highly sophisticated mathematical computations producing what is called hash power.
2. It is this Hashpower that in turns secures the network also providing security to the network.
3. And finally, each miner verifies transactions that are made on the network which keeps the record on an open source ledger known as the blockchain. In reality this means every miner keeps the books which prevents a lot of headaches. This is how they earn amounts of coins which then brings new coins into circulation.

If you really think about it, if all were smart the central banks would be illegal because they can manipulate books, records, and documents which would benefit them. The Blockchain PREVENTS such tampering allowing this to be the true peoples money to flourish the economy.

OK I would love to be involved but my computer is terrible.

There are so many sites now where you can mine crypto currency on the network. This is called cloud mining. Most intelligent people in the mining game, at least here, live in places where electricity is included. This allows the most productive and profitable mining resource. If you are not in that category there are a number of sites that you can start for free. And you will never have to pay phony us dollars to upgrade to make more money. Let us look at one site TOPMINE
This is a site that you can choose which currency you want to mine. If you choose to invest the investment is done different. You exchange the coins you want to invest to Tera X or hashpower coins this will increase the speed of your mining. The More tera X coins you have the faster your currency will mine. Obviously the faster your currency mines the more you will make.

The crypto currency world is suppose to be eager to help all to achieve financial freedom so life can be about living. There are some that do not. I for one do not use wallets that do not support what crypto currency is suppose to be. I do not support Coin Base or a few others. I do however support Electrum, and XAPO bitcoin wallets.

I hope this gives you an understanding that just because you may own a computer from 1984 does not mean you can not earn. Join the real peaceful revolution, get on board to be able to not only live life the way it was meant to be, but get on board to make a difference in strengthening our economy.