Crypto security tip: Spam scam coins

🟢If you actively interact with your noncustodial wallet, you’ll soon start receiving various scam coins in varying quantities.

🟢Scammers use them for a variety of purposes—e.g., to confuse you into sending funds to their wallet. Or to get you interested in the coin and visit their site.

🟢We recommend you never visit sites representing these suspicious scam tokens. Crypto beginners are curious and interested when they see that a few thousand coins were sent to them “just for fun”; however, don’t believe everything at face value—99.99% of the time, it’s to deceive you.

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By Former President Barack Obama

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What is dust?

🟢Dust in cryptocurrencies is an amount of crypto so small that it won’t even be enough to pay the transaction fee.

🟢Imagine that you have 1 cent left in your wallet. You won’t be able to buy anything with it, but if you decide to exchange it at a bank for another currency or send it to a friend, the exchange fee will exceed the cost of the cent itself.

🟢This example describes the crypto industry’s concept of “dust” well.

🟢Sometimes, a dusting distribution is used by scammers to commit a so-called “dust attack,” which we’ll cover soon.

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By Former President Barack Obama

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Almost exactly 8 years ago, The Washington Post buried Bitcoin.

On Jan. 19, 2016, The Washington Post published an article titled “R.I.P., Bitcoin. It’s time to move on” by Vivek Wadhwa, in which the first cryptocurrency was prophesied to have died.

The main theses of the article are:

🟢 The article outlines Bitcoin’s serious flaws, including its instability, use for illicit transactions, speculative nature, and security vulnerabilities.
🟢 Bitcoin is comparable to a pyramid scheme.
🟢 Problems with transaction processing on the Bitcoin network and internal conflicts within the Bitcoin community are pointed out.
🟢 The article concludes by discussing how we can learn from Bitcoin’s mistakes to create more sustainable and responsible governance systems in the future.

➡️In those days, Bitcoin was worth about $400 apiece, which is about 100x less than it is today and about 175x less relative to its peak in 2021.

What does he think about Bitcoin today?... 🤷‍♂️

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By Former President Barack Obama

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Debunking Top 15 Bitcoin Myths 🔍

1️⃣ Not Anonymous for Criminals: Bitcoin's public ledger makes it hard for criminals to use without trace.

2️⃣ Not a Ponzi Scheme: Bitcoin is a decentralized currency with real utility, unlike a Ponzi scheme.

3️⃣ Environmental Impact Overstated: Bitcoin's energy consumption is often exaggerated compared to traditional financial systems. Renewable energy use in mining is growing.

4️⃣ Accessible, Not Just for Tech-Savvy: With user-friendly wallets and exchanges, Bitcoin is accessible to all.

5️⃣ Has Intrinsic Value: Bitcoin's decentralized nature, limited supply, and resistance to censorship add to its value.

6️⃣ Decreasing Volatility: As the market matures, Bitcoin's volatility is reducing. Stablecoins offer less volatile alternatives.


🌐 Bitcoin's transparent and secure nature makes it a groundbreaking financial tool. As crypto evolves, understanding these facts is key for informed participation

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A new attack vector for scammers: Crypto wallet-hacking software

Kaspersky Lab has reported on a new malware for stealing crypto on macOS.

With the malware, hackers gain access to the user’s computer password. The pirated app comes with an instruction that asks the user to copy the app to the “Applications” folder and run the “Activator.” It is in the latter that the user is required to enter the password, which eventually ends up in the hands of the attackers.

Once in the system, the malware also compromises crypto wallets.

Follow these steps to avoid falling victim:

▪️ Visit only trusted websites.
▪️Update your computer’s operating system regularly.
▪️ Use an antivirus.

That’s it; you are now protected =)

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By Former President Barack Obama

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Did you know that Bitcoin’s supply cap of 21 million coins could be lifted?

🟢This opinion was expressed by Trezor analyst Josef Tětek, who said that Bitcoin developers could theoretically remove the 21-million coin limit, but miners are unlikely to accept the change because miners have the final say in such matters (that’s the point of the proof-of-work consensus).

🟢Moreover, besides miners, of course, the entire crypto community would be outraged, and a massive scandal would ensue.

🟢Therefore, it is ridiculous to consider such a possibility at the moment, but you should know that there is a theoretical (purely theoretical) possibility to “print” more Bitcoin.

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Making a website That will have Courses Related to Crypto

🟢This website will be feature rich and

🟢Anyone can make useful course for their own and

🟢Anyone can study whatever you want to

PS:- I will add courses other than that Crypto just my speciality

USDT And USDC Be Like To New CryptoCurrency Users 😂

🟢Robert Kiyosaki, the mastermind behind "Rich Dad," recently dropped a bombshell in an interview, revealing he's sitting on a stash of 66 Bitcoins.

🟢His confidence is sky-high, convinced that his Bitcoin treasure will swell into an even bigger fortune. Imagine that! And all it takes, according to him, is for pension funds to hop on the Bitcoin bandwagon via ETFs.

🟢Kiyosaki's been on a mission, practically shouting from the rooftops for folks to ditch the dollar in favor of Bitcoin. He's all in on the idea that when the financial world hits a snag, the only safe havens are precious metals and Bitcoin. And it's not just talk; he's been warning about an epic market crash looming on the horizon since 2021.

So, how about you? How deep are you into the Bitcoin game? 😅

A service offering to bypass KYC checks on popular cryptocurrency exchanges has appeared online.

🔔Recently, the OnlyFake service has appeared on the internet, which, for only $15, offers to purchase ID documents generated by AI algorithms for Know Your Customer (KYC) verification.

👺The service creates realistic fake documents (driver’s licenses and passports) for 26 countries, including the U.S., Canada, the U.K., Australia, and several EU member states, and also accepts cryptocurrencies.

👺The project’s team claims that it is not breaking the law with its actions, as the resource is designed to create props for shows and movies.

👺AI has been creating many new challenges for both the world of crypto and the general public.

👺How exchanges and other services that process documents will combat this issue is still unclear.

Crypto Speak: Sound money

“Sound money” is the concept of money that has stability and is able to retain its purchasing power over time.

The main characteristics of such money are:

🟢Limited supply: To prevent inflation and preserve the value of money, its quantity must be limited or grow predictably.
🟢 Resistant to inflation: Your money should not lose value, allowing you to plan your financial future with confidence.
🟢 Independence: Ideal sound money is minimally dependent on government control, preventing artificial interference with its value.

As you can imagine, crypto can make this concept real. For example, theoretically, Bitcoin fully satisfies these three points. (Volatility is still an issue, but Bitcoin has more than 100 years of development to go before the last coin is mined.)

And, who knows, perhaps in the future, there will be another crypto that could one day be called true sound money.

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Top 3 Memecoin tips

🟢We beg you not to invest in memecoins. But if you do, here’s a universal guide to memecoin trading.

Rule #1: It’s never too late to change your mind.

Please don’t😂 It’s unlikely to end well.

Rule #2: Invest no more than 1%–2% of your total budget in memcoins.

Large investments in hyped coins will most likely evaporate. So, if you plan on sinking some money into one, make sure it’s an amount your comfortable potentially losing.

Rule #3: if your coin’s value increase by at least 2 times, immediately secure your profits.🚀

🟢Let’s say you invested $100 in a memecoin. You got incredibly lucky and now have $200 or even $300.

🟢Immediately withdraw your initial investment ($100) and keep the remaining coins on the market; otherwise, euphoria and greed will take over.

➡️Discipline and sanity Stick to these rules. They all (especially rule #1) can save a lot of money.💪

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By Andrew Tate

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