A Quote by Naval Ravikant
If you use a bad password, your Bitcoin will get stolen.
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I think the technology will get bigger and the price of Bitcoin will go up, so I'm speculating to increase my purchasing power. But I don't intend to sell the Bitcoin. I intend to hold it until there's a day where I can just use Bitcoin completely.
Somebody could send you an office document or a PDF file, and as soon as you open it, it's a booby trap and the hacker has complete control of your computer. Another major problem is password management. People use the same password on multiple sites, so when the hacker compromises one site, they have your password for everywhere else.
Stolen sweets are always sweeter, Stolen kisses much completer, Stolen looks are nice in chapels, Stolen, stolen be your apples.
Treat your password like your toothbrush. Don't let anybody else use it, and get a new one every six months.
I think long-term, Bitcoin is a currency of the Internet. So, even if humans don't use it, routers will use it. Web browsers will use it. Web servers will use it.
Suppose a bad guy guesses the password for your throwaway Yahoo address. Now he goes to major banking and commerce sites and looks for an account registered to that email address. When he finds one, he clicks the 'forgot my password' button and a new one is sent - to your compromised email account. Now he's in a position to do you serious harm.
Isn't the purpose of bitcoin mining simply to get rich - or not, as the case may be? Well, at 21, we are less concerned with bitcoin as a financial instrument and more interested in bitcoin as a protocol - and particularly in the industrial uses of bitcoin enabled by embedded mining.
Bitcoin is valuable as a currency because of the economic efficiencies the bitcoin network is already creating as transactions flow over it. As with the Internet, more applications will flourish which will make the bitcoin network, and thus bitcoin as a currency, valuable.
The best thing to do is always keep randomly generated passwords everywhere and use a password tool to manage it, and then you don't have to remember those passwords at all, just the master password that unlocks the database.
Well, bitcoin is a currency. Bitcoin has no underlying rate of return. You know, bonds have an interest coupon. Stocks have earnings and dividends. Gold has nothing, and bitcoin has nothing. There is nothing to support the bitcoin except the hope that you will sell it to somebody for more than you paid for it.
We are very excited about the use of blockchain, whether it's Bitcoin or not, but we are as enthusiastic as ever about Bitcoin as a global currency and, really more importantly, Bitcoin as a global financial rail.
Bitcoin as a globally distributed public ledger - that's the thing I'm most excited about going forward. Thinking about how to use Bitcoin in new and innovative ways. In the meantime, we have the boring uses of Bitcoin that are in the process of going mainstream.
The funny thing I thought was, no matter what, people talked bad about cops. But as soon as something bad happened, when their car got stolen, who was the first person they called? Police officers. They expected them to help out and take care of them to get their stolen car back, and they did. That, to me, was a pretty big thing.
I don't do manbags! But don't flaunt your money, your most expensive camera or your best watch. And don't use a cashpoint in the middle of nowhere, or carry anything loose; it might get stolen by someone racing past on a scooter.
The narrative behind bitcoin has been dominated by bad behavior. The reality is bitcoin is filled with tons of talented developers building infrastructure.
This is stolen? We're in a stolen jet?" "Not stolen," said Donegan Bane from the co-pilot's seat. "Almost stolen," Grascious corrected. "Semi-stolen," said Donegan. "Quasi stolen," said Grascious. Aurora's frown did not turn upside down. "So is it stolen or not?" Donegan and Grascious hesitated. "Yes,"they both said toghether.
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