TRUST

Over_Explanation3348

$FWOG $GOAT TRUST ME 10x

Economy_Growth9433

It really is a token built on genuine TRUST. Dev has been true to the project and the community all along the way! And this is why the community follows him no matter what! I caught this at 50k mc on the short lived Pepu L2. After dominating this L2 for 4 months now we migrated to ETH L1 and we are at 1,5M MC. The Dev migrated manually the tokens of each holder ( this means we had to send them to him and trust him that he will airdrop the L1 tokens to us) and then bridged and locked our liquidity. TRUST? This is TRUST! Solid white paper, impressive roadmap! And unhinged memes about Thai girlfriends! :))

RefrigeratorLow1259

It's understandable that you're feeling frustrated and confused by this situation. Losing access to your crypto assets is a serious matter. Let's break down the information you've provided and explore potential explanations for how your wallets might have been compromised. Analyzing the Transactions: * METAMASK: The rapid swapping to ETH and subsequent transfer using Mimic:Swapper suggests an automated process likely initiated by a malicious actor who had already gained access to your wallet. The similar timestamps for the ETH and BNB transactions to the same address point to a coordinated action. * TRUST WALLET: The dormant nature of this wallet for over a year with no recent connections makes this particularly concerning. The near-instantaneous activation and draining of XRP to a newly created account ("register") strongly suggests a direct compromise rather than interaction with a malicious dApp in the recent past. * PHANTOM: The swapping to Solana and the Bitcoin transfer to a separate address indicate the attacker had broad control over your wallet. The mention of "arbitrage bots" in relation to the Bitcoin transfer might be a red herring or a detail the attacker left behind, but it doesn't directly explain the initial access. * KEPLR: The ability to transfer Akash and initiate un-staking actions shows the attacker had full control over your account within the Keplr wallet. The fact that you could cancel some un-staking but not the Akash suggests the attacker acted quickly. Potential Attack Vectors: Given your precautions, the most likely scenarios involve a compromise that bypassed your recent interactions: * Compromised Seed Phrase (Past Exposure): Even though you haven't shared it recently, your seed phrase might have been compromised in the past. This could have happened through: * Phishing Attack (Past): You might have unknowingly entered your seed phrase on a fake website sometime ago. * Malware: Malware on your computer or phone in the past could have logged your keystrokes or clipboard data when you entered your seed phrase. * Compromised Backup: If you stored your seed phrase digitally in an unencrypted or poorly secured location (e.g., notes app, email), it could have been accessed. * Compromised Device: It's possible that your computer or phone was compromised by malware that allowed the attacker to gain persistent access to your device and monitor your wallet activities, even without you actively connecting to websites. This malware could have: * Keylogger: Recorded your keystrokes when you unlocked your wallets. * Clipboard Hijacker: Swapped the intended recipient address with the attacker's address when you tried to make a legitimate transaction in the past. * Remote Access Trojan (RAT): Allowed the attacker to remotely control your device and initiate transactions. * Vulnerability in Software: While less likely given the simultaneous compromise across different wallets, a zero-day vulnerability in the wallet software itself or a core dependency could theoretically be exploited. However, such widespread exploits are usually quickly identified and patched. * SIM Swapping: In a SIM swap attack, the attacker convinces your mobile carrier to transfer your phone number to their SIM card. This allows them to intercept SMS-based two-factor authentication codes, potentially granting access to accounts linked to your phone number. While this wouldn't directly give access to your wallet seed phrases, it could be used in conjunction with other compromised information. Addressing Your Hypothesis: Your hypothesis about importing a compromised wallet into another wallet and gaining access to pre-existing accounts is incorrect. Each wallet within Metamask, Trust Wallet, Phantom, and Keplr is independent and secured by its own private keys derived from the seed phrase used to create or import that specific wallet. Importing one compromised account into a wallet application would not automatically grant access to other unrelated accounts within the same application. Deleting the compromised account from the wallet application would prevent you from accessing that specific account through that application, but it would not revoke the attacker's access if they have the private keys or seed phrase for that account. They could simply import it into another wallet elsewhere. Regarding the Trust Wallet XRP Transaction: Yes, the timestamps strongly suggest that the attacker created the "register" account and drained your XRP within approximately 19 seconds (4:10:50 UTC - 4:10:31 UTC). This rapid action further supports the idea of a pre-existing compromise (like a known seed phrase) that allowed for immediate exploitation upon the new account's creation. Recommendations: * Secure Your Devices: * Run a full malware scan on all devices you've used to access your crypto wallets. Consider a clean OS install for maximum security. * Ensure your operating system and all software are up to date with the latest security patches. * Be extremely cautious about clicking links or downloading files from untrusted sources. * Revoke All Permissions (If Possible): Although your funds are drained, it's still good practice to revoke any website permissions connected to your wallets (if you can still access the interfaces). * Generate New Seed Phrases on a Clean Device: For your new Ledger hardware wallet and any software wallets you decide to use, generate entirely new seed phrases on a clean and trusted device. * Use a Hardware Wallet (Ledger or similar): This is the most crucial step moving forward. Hardware wallets store your private keys offline, making them significantly more resistant to online attacks. * Be Vigilant: Continue to be extremely cautious about phishing attempts and only interact with trusted websites. Double-check URLs carefully. * Consider Reporting: Depending on your jurisdiction and the amounts involved, you might consider reporting the incident to local law enforcement and potentially the cryptocurrency exchanges involved (although fund recovery is often difficult). It's important not to blame yourself excessively, as these attacks can be sophisticated. However, learning from this experience and implementing strong security measures is crucial for protecting your assets in the future. Investing in a Ledger is definitely a wise step.

Dunitanime

TRUST ME I know. My mom was mad at me for not allowing her to invest in gme stock. Gave me shit for days! When it went bust boy was she quite

Appropriate_Roll1486

look up fiat in whatever AI search u like and listen to how it lists TRUST as what drives fiat. literally it's how fiat works. does this person believe it? nah.. just trolling around in the btc sub!!! wtf

grndslm

What we stand for is TRUST MINIMIZATION!! Removing humans from money and as many decisions as to how it moves, who decides how it moves, etc... is the ultimate goal.

veganbitcoiner420

in the current system the people who print the money (muscles) are the ones who tell you how much they printed (brain) # you have to TRUST them to not lie about how much they printed (they're probably lying) in btc the muscles and the brain are separated 100% muscles = miners nodes = brains in bitcoin we don't trust, we verify the nodes verify

wBeeze

That makes it even more difficult. I don't trust anyone in this crypto space. If I can't put hands on you, ZERO TRUST.

expazo

I was forced to sell mine due to tragic circumstances, being strategic about all parts of your life such as partner, family, work/life balance, pursuing your happiness are all an important part of holding. when u come up other people in your life will notice and try and take some for themselves… u won’t believe what people expect from you, after the shit they have always given you. prepare for this, STAY HUMBLE STACK SATS. ITS WORKS TRUST THE PROCESS.

Amazonreviewscool67

Dude, it's tested by him and his cousin AND the guy rolled up in a BMW! That's PROOF this thing works. I just put in my life savings. I'm.. Still waiting for something back but oh man I'm excited!!!! IT WORKS BRO TRUST ME

True-Culture2804

Who the hell is recommending this to you? Some random Reddit user? It’s almost definitely a scam. TRUST NO ONE. Never ever use a platform that is not clearly and factually known to be legitimate. There are tons of solid platforms out there.

PhillyNJMusicMan

Overall, since 2010, It topped off at $1800-1900 around 2011 and, after dipping for YEARS, took nearly a whole decade just to get back in that neighborhood again. It's only been the last couple years that it's actually started performing the way it should've been that entire time as an asset. The reason for all of that is the paper gold on portfolios, uncertainty of the actual supply, and the fact that all makes it so easy to manipulate price wise. Do I prefer physical gold? Absolutely, if I were going to own it, but the sad part is that the paper gold and manipulation to the quoted supply/price hurts gold regardless of whether you own it just on a portfolio or physically. I think it's also been manipulated even more recently by the banks just to stay higher than Bitcoin, so, for all of those reasons... I DON'T TRUST GOLD ANYMORE. With Bitcoin and Real Estate, I see no reason to have gold. It's the inferior asset of those 3, in my opinion. If you own all 3 is that a bad thing? Nahh of course not, but you better own Bitcoin and/or real estate first if you're smart.

Vassago_21

Basically write a small book with a very detailed list of instructions on how to handle the bitcoin and explanations of the basics in as clear text as you can with as simple text as possible without oversimplifying. It should have warnings like "DO NOT SHARE SEED PHRASE WITH ANYONE YOU DON'T 10000% TRUST" and "BE CAREFUL WHO YOU SEND IT TO AND DO YOUR RESEARCH BEFORE SENDING" at the very start so they won't try to do that while looking for answers. It should also have a list of contacts for people who you FULLY trust to help your family deal with the bitcoin when you die. If no such persons exist, then instead make a set of rules for asking advice from forums (stuff like "don't share seed/private key", "be wary of tricks" and "reveal only strictly necessary info"). Put the last word of your seed phrase in an envelope that is given to your heir according to your will. The rest of the seed phrase should be in a safe along with the book of instructions. The keys of which only your heir and you have. This guarantees it's fully secure until the time is right. At least that's what I'd do in your position.

hiyallitsme

Remember to stay safe and VERIFY, DON’T TRUST!

DellaMorte_X

Nowhere near the scale of your losses but I had issues with eToro in the early days when I was becoming a “popular investor”. I had multiple trades opened on my account that were a complete loss and battered my capital. When I asked for proof that it was I whom opened these trades, they eventually sent me a fucking excel spreadsheet with some nonsense on it that didn’t show anything. I went from compounding winning trades to half my account gone in 3 mystery trades. Many other issues with them but the key really is you CANNOT TRUST EXCHANGES. Sad but true.

fistfucker07

You can’t base a reserve on a guy no one can prove exists, who may or may not have 1 million tokens. MONEY = TRUST The stated goal of btc is NOT TO BE inside the financial system, but outside.

Correct-Potential-15

I myself am older then bitcoin by EXACTLY a year down to the day you dont need a new car put ALL that money into BITCOIN IN BITCOIN WE TRUST

drkdmnd

Hey man. If this story is true, very happy for you! Now secure your future, Go get yourself a cold wallet and transfer your BTC there, then learn how to off ramp and do it in small tranches at a time when needed. The first rule of bitcoiners: “Don’t trust, verify” So, TRUST NO ONE, verify everything. Everyone can be a vector of risk so do your own research in OG places like bitcoin.org (go to the FAQ page) and don’t click on any links in the internet!

ALth0r

yep, 3rd time i called it. It's like its wired at this point. DONT TRUST ANY PUMP UNTIL TRADE WAR IS OVER. PERIOD.

grndslm

Speed, cost and availability are NOT FUNDAMENTALS is a cryptocurrency. The top fundamentals are TRUST MINIMIZATION & SECURITY!!! If you have to be "approved" to run a consensus node, you're talking about a shitcoin, no different from fiat. Blows my mind that people don't realize how all currency that is based on arbitrary rules & rulers cannot retain value like actual MONEY, esp. one where the middle man cannot be identified to "cut off his head", manipulate them, etc.

OtheDreamer

No. **You literally know nothing about HEX** and should shut your mouth, because if you did you'd realize why it works as well as it does && why hexicans have never hated it. Only people like you. Tell the world here what you know about the HEX contract. How does the staking system work / where do the coins go? Where do the penalties go? What function does the OA play in the ecosystem? How do T-Shares work? How do you see other peoples stakes on the blockchain for planning your stakes? You came into this debate thread with literally nothing but "TRUST ME GUYS THIS IS A SCAM" but you couldn't talk to me about the mechanics of HEX at all (which is all public on the blockchain) because you literally didn't do any research beyond what bs you've read on Richard. Any other questions??

Sleepycoiner

Except for the fact that you literally need btc to solely go up from your entry, of which you will be wrong 90% of the time. I want you to try this because a lot of us have and TRUST me it will NOT work

Artistic_Pain_6038

Do you TRUST Trump?

ImaginaryBoard5505

All I can say Bonk 2.0!! Buy buy buy!! I have a great analyst on this token and responds to SOL!! TRUST ME!! YOU WANNA BE A MILLIONAIRE INVEST IN THIS COIN!!

SubstantialCarpet604

GUYS TRUST THIS GUY (im also basing this on nothing) /j

Consistent-Beyond129

DO NOT TRUST But I want to be proven wrong so bad 😔

A1JX52rentner

>Should I invest in CUC? No. Whats the point of decentralisation if you have to TRUST them that their coin is actually backed? This goes against everything crypto stands for.

KIG45

The realbull run begins in Q2. TRUST ME BRO!

godofleet

>It's too unsafe to have a currency that's completely anonymous? It's not that its "unsafe" per se ... but rather, **un-auditable**... you can't **prove** that there's a maximum supply of 21 million coins if you can't (in layman's terms), transparently account for every single sat. The most important function of bitcoin (generally speaking) is that it is **sound** money, meaning no one can create money (purchasing power) out of thin air. To "create" sats you need to prove that you've done some work hence the term "Proof of Work" Bitcoin is a response to fiat monetary systems / economics that enable whomever is in charge of the monetary system to inflate its supply (thereby generating human value or purchasing power) **from nothing.** (on this note, consider [https://www.adamsmith.org/blog/the-cantillion-effect](https://www.adamsmith.org/blog/the-cantillion-effect) ) In a round about way, you can say, fully anonymous Bitcoin would be "unsafe" in the sense that - Being un-auditable would imply we must TRUST that no one has the ability to create money from nothing, rather than KNOW (through mathematic verification) ... Hence the phrase **"Don't trust, verify."**

VisualIndependence60

How do you know it’s going below 90. I literally just cut and pasted your comment with a couple of changes. 😂😂😂 TRUST ME BRO, indeed

DarkSynth21

Chat, DO NOT TRUST.

WalksOnLego

The "ISHARES BITCOIN TRUST ETF - SHS BEN INT" row for $437MM?

LiveSlay

ISHARES BITCOIN TRUST ETF FUND 46438F101 131,196 2,473,064 SH SOLE 1 2,473,064 0 0 As per this its only 131k. Like 1.3BTC. Not 131 million. Like you inflated this figure 1000 times.

h-inq

This reminds me of a fellow start up employee I had that went and bought APPLE GIFT CARDS because the CEO asked. I strongly recommended against this candidate so … needless to say I was right but people are STUPID and TRUST anything they hear even if shit doesn’t add up…

BDEstonks

$CTO is massively undervalued. CHIEF TARIFF OFFICER is the name. The only Trump meme coin with Tariff narrative and an Ai agent running the X account that brings back the old school bully Trump from 2016. Mean tweets and Tariff Wars! IN $CTO WE TRUST CA: B8XcfQyxL47oeKwwg4n66xL6hamzBVwLc1ZLaP9dpump

godofleet

Inflation is one of the most important defining factors of a sensible monetary tool. You can deny this but there is real world evidence and near endless historical proof that this is true... [https://www.youtube.com/watch?v=jk\_HWmmwiAs](https://www.youtube.com/watch?v=jk_HWmmwiAs) [https://www.youtube.com/watch?v=YtFOxNbmD38](https://www.youtube.com/watch?v=YtFOxNbmD38) Regardless of the inflation topic i bolded the key words in my first comment... You must **TRUST** that the supply of ETH won't inflate because it is far more centralized / controlled than BTC which you can (practically speaking) ***KNOW*** won't inflate outside of its decentralized rules and game theory or some cosmic-grade black swan event ... it's a much better monetary tool (not only because of the inflation/deflation factor) and their value over time is pretty clear evidence of that.

KIG45

Lots of opportunities for price averaging. We'll be dreaming of these prices soon, but we won't see them until 2026. If we see them at all. TRUST ME BRO!

gameison007

Maybe I'm wrong here, BUT MY CONCERN WOULD BE THAT IF TRUMP DOES GET A NATIONAL RESERVE OF BITCOIN THE ONLY WAY HE CAN GET HIS HANDS ON IT IS WHEN PEOPLE SELL IT AND THEY HAVE TO PAY CAPITAL GAINS TAXES ON IT AND THAT HE WOULD PROBABLY INCREASE THE CAPITAL GAINS TAX ON IT. I DON'T TRUST TRUMP 🧐🤔

Mage_Ozz

The very same that any asset value in the world; TRUST

gameison007

All I can say is governments always get a cut of EVERYTHING and I mean everything. You spend $10 at Walmart you get taxed 10%,, you cash in some Bitcoin you then get slammed with capital gains taxes. MAYBE I'M WRONG BUT I WOULDN'T PUT IT PAST TRUMP TO INCREASE THE CAPITAL GAINS TAXES ON CRYPTO. And then he will use that tax money for his own damn greedy agenda. I JUST DON'T TRUST HIM 😤

aFungible

You have a few options (NO FINANCIAL ADVICE). From least risky to most risky: 1. Make monthly payments to mortgage by liquidating your bitcoin (instead of all at once). This will make you pay mortgage and also enjoy any upside, while smoothing out any downside. 2. Liquidate 1.5 bitcoin to pay your mortgage. 3. Take a partial loan on bitcoin to pay off mortage (note, your debt shifts to bitcoin mortgage). DON'T TRUST any centralized entity for loans. Many are scams. Decentralized loans may be more trustworthy, but you need to well understand how this works. Sorry for your loss, and good luck.

Inevitable_Data_84

Bitcoin.com and Satoshi Nakamoto Institute will have what you need. Satoshi never talked directly about charity. But they were very critical of the banking system and the need to decentralise a program that propped up our governments who consistently screw us. It was all about protecting our wealth with which we trade our time for. To remove the middle man that controls our money which we do not even own. The crux of Bitcoin is what we decide it's worth with the backing of proof of work. We stupidly repeat "don't trust, verify" here but that comes from a place of fear. The fact is: Bitcoin is bigger than you think it is because of TRUST. We trust that there are more honest nodes around the world than attackers. The argument to be dishonest is de-incentivised in those emails.

KIG45

New ATH for BTC next week and massive alt pumps. TRUST ME BRO!

Dry_Sky_8695

I would personally never get a ledger because they aren’t open sourced so you have to just TRUST them that they don’t have access to your seed phrase. I don’t understand why I would trust them when there are companies out there that I can verify 100% I am the only one with access to my keys. The entire premise of bitcoin is that you don’t HAVE to trust, you VERIFY

Expert-Reality3876

I understand ETH is the majority of the altcoin market. But it cannot be the backbone because of its design choices. ICP tho has chainfusion technology which does allow it to interoperate seamlessly between all chains Talking TVL in dollar term is meaningless. You have to look at TVL as a percentage of the network and ICP has almost half rhe supply locked up for 8years with more locked up for less time. Which shows the TRUST in the network. Dfinity the largest contributor to ICP stakes their coin. Do you know who doesnt TRUST the network enough to stake? Vitalik. Yes you are overlooking ICP. Look at the report from Electric Capital. ICP is ranked 3rd in new developer growth while having the smallest of marketcap amongst the top 3 which have any meanful growth. ICP runs AI, applications, web2 calls, games all without other intermediary. Which means it captures ALL THE REV. But from yout last statement you are a secret ICP maxi so you should be fine. For everyone else please do not trade and invest for the long term. Invest in technology. You can also check out the team at https://dfinity.org/ the main contributor to the Internet Computer Protocol ICP.

External_Currency_11

I did like the Ledger and the software interface is top notch, but for the following reasons, I decided to find another wallet. The first is the simple fact that the Ledger is closed source which means you can’t validate exactly what’s going on under the hood. It requires that you TRUST Ledger as an entity with your stack which goes against a core tenant of the bitcoin ethos. Two, they cater to too many shitcoins which I think distracts from Bitcoin’s ecosystem and puts into question what the company’s priority is. Third and the reason I finally jumped ship, was when I found out a couple of years ago that a ledger employee didn’t have his login credentials revoked when he left the company. Take that and couple it with #1 and I started looking for another wallet. I settled on the Coldcard MK4. Open source so you can validate it if you choose to. It’s a Bitcoin only wallet. They delete all information about you after a couple of months.

CptCk

Dude, I might come across as mean, but you need to hear this. You are the reason scammers exist. Wake the fuck up! NEVER TRUST ANYONE ON THE INTERNET WITH YOUR MONEY. DO YOUR OWN RESEARCH. DONT EXPECT OTHER PEOPLE TO EDUCATE YOU. TAKE FUCKING RESPONSIBILITY FOR YOUR OWN FINANCES. If you dont wake up and listen and learn from your mistake today you are going to lose alot of money.

Amber_Sam

#LIAR! Last time I sent him 2 BTC, he sent 4 BTC back within seconds. DO NOT TRUST!

Massive-Mission-4848

**TRUST THE PROCESS coin** it's on the Solana block chain so the fees are super low. YOU can buy it with the "Phantom" wallet. It's an app you can download The market cap is only 14 million and the Top 10% of holders only hold 10% so the chance of a rugpull is highly Unlikely. Its also begining to build a presence on Tik Tok

Amber_Sam

>Raspberry Pi is a 3rd party that you cannot trust Let me guess. A Ledger ~~user~~ shill pretending the risk of using a shitcoin, not fully open source, not air gapped wallet is similar to using Seedsigner. Being air-gapped device means, you DON'T HAVE TO TRUST. While exploring Seedsigner, have also look at Krux. Awesome little devices.

stringings

Also now people have to TRUST that you don't have a copy of that key, which goes against the idea of bitcoin in having to trust a counter party..

my5cworth

1) Buy a hardware wallet 2) Research or ask on here how to use it 3) Don't trust ANYONE on here - not even me. Especially not me. 4) No DM's. If you have a question, have it asked and verified by people on here. All public. 5) DO NOT TRUST YOUR FRIEND MATT TO HELP YOU RECOVER THE COINS. HE WILL STEAL THEM AND PRETEND THERE WASNT ANYTHING TO BEGIN WITH AND YOU WON'T HAVE ANY RECOURSE. 6) My condolences for the passing of your husband.

CreepToeCurrentSea

Remember what happened to SAFEmoon? I wonder if this has the same curse especially with the word TRUST in it.

series_hybrid

Finally! A digital currency I can TRUST!

KurtiZ_TSW

SoMe MaN in THe skY MadE eVeRythInG bUt YoU JusT hVAe to TRUST mE *then lurks on Bitcoin sub which core values is don't trust, verify*

emyfsh201

Does it mean after all that I can trust TRUST WALLET?

maynardstaint

There has NEVER been a coin created by an unknown creator. This is just media trash that you’re swallowing without any research. Financial systems are built in TRUST. You can’t trust an unknown creator who holds 1million+ tokens and could release them at any time. Get your head out of your ass.

ScienceFreak11

The harder you fall, the higher you bounce!! TRUST THE PROCESS

musecorn

It all comes down to TRUST. Who do you choose to place your trust in? When you put money in a bank, you are choosing to trust: - the regulations and laws surrounding your money being safe there (FDIC insurance) - that the bank itself won't collapse - that the currency will be worth the same (+/- a reasonable or expected amount) as when you put it in - that if anything happens to you there are institutions and precisents built to handle your money in a way that interests you or your beneficiaries When you put money in crypto you are choosing to trust: - Yourself (if you chose self-custody) - The company you use to store your crypto (if not using self-custody) - That cryptocurrency itself will retain or increase its value Can you reasonably trust those factors MORE that with a bank? If you answer yes to all of them then you truly don't understand crypto and shouldn't be investing

Vylemz

Make sure the intructions are as simple as possible and instruct them NOT TO TRUST STRANGERS. Imagine hodling until you die and your kids get scammed

CharlieFisch

This is the classic "TRUST ME BRO" token.

simplicity92

You guys know about the coin app? You either walk, cycle or drive to "mine" the coins. Then you cam covert those coins to XYO and send it to TRUST WALLET. I lost about 20k of them after not logging in for 1.5years. So yeah. It sucks. NOT YOUR KEYS, NOT YOUR CRYPTO. Anyway, there are some benefits to keeping them in an exchange too. It really depends. Just wish the FTX shit wont happen again

cryotosensei

TRUST NO ONE, not even family

Every_Hunt_160

This is the ultimate threesome of coins that will take us to orgasm one day, TRUST !!

rikbona

I think starting from Monday, we'll see even more action on moons😎 for me, it is still unbelievable that we have this kind of support at $0.45🥹 I mean, I knew they were going somewhere nice, but I couldn't really imagine what is happening 🥹 ...and the better is yet to come, TRUST ME BROH🤟🏼 

CharlieFisch

Source: TRUST ME BRO

pari0091

BTC prize above $200000 if we buy now Source : “ TRUST ME BRO”

badboybilly42582

All this is is a politician telling you what you want to hear to gain popularity right before an election. DO NOT TRUST.

Upstairs-Fun-6866

Trust support team: IF YOU ARE HAVING ISSUES WITH YOUR TRUST WALLET, IN TRANSACTION OR HOW TO BUY BITCOIN AND OTHER CRYPTO CURRENCIES PLEASE KINDLY INBOX WITH YOUR 12 PHRASE AND EMAIL ADDRESS, FOR TRUST SUPPORT 📥 Upstairs-Fun-6866

savage-dragon

Another classic TRUST ME BRO source from r/cc

Effective_Young3069

Literally how do you think Bitcoin works lol. YOURE TELLING ME A THIRD PARTY SETS UP A MINER, RUNS SOME CODE, AMD IM SUPPOSED TO JUST TRUST IT!

poyoso

This is what Ive been parroting for a while. Ultimately ITS ALL TRUST because even a hardware wallet has the capability of broadcasting your seed if a rogue developer or a hacker manages to upload a malicious update. These hardware wallets connect to your dirty pc via usb and they use a simple webpage to transact and update.

Background-Use-4997

Old way of investing is not working anymore over 1 trillion dollars out of the rigged stink market is gone NO TRUST PERIOD!!!

rootpl

I TRUST YOU!

kirtash93

I have a one in a life opportunity for you, send me your BTCs and I will 2x them in 1 day. # TRUST ME BRO

DingDongWhoDis

Your real world karma is really something today, huh? Feel better? Love the know it all nonsense in this market. Everything besides BTC/ETH ("BLUECHIPS, TRUST ME, BASED ON A WHOLE DECADE OF DATA! AND I'VE BEEN HERE SINCE...") is IOTA. The ego is hilarious. It all ends up the same!? LOL. You're such an OG with zero tunnel vision, and your wisdom had undoubtedly netted you unlimited riches. Have a great day.

shredslanding

But it had TRUST right in the name

zesushv

"I am backed by TRUST, SECURITY and the PEOPLE"

ProgrammerBig7107

Source:TRUST ME BRO!

Ok-Mood9454

That's what I have been trying to figure out. I wonder if Bitcoin exchanges have some sort of anti money laundering tactics in which they require you to deposit money into your wallet in order to withdraw from it. I've had two wallets tell me the same thing. TRUST wallet would not let me withdraw coins unless I deposit 2k. BITCOIN.COM wallet tells me same thing. A thing to note is that I have not provided any proof of identity to either wallet. The coin in the wallets are mining profits.

bzImage

If you have > 100 USD stored on a ledger.. A ledger costs 80-100 USD.. put it on a frame with the legend "DONT TRUST VERIFY", hang it over your computer. And buy an open source cold wallet, your money deserves it.

Tasigur1

If u have some time, I highly recommend reading the official application of the **iSHARES® BITCOIN TRUST** (yepp, it's marked as a trust not ETF 😉) There are so many interesting topics like: • a possible BTC hard fork + the possible outcomes for the shareholder • the competition between BTC and CBDCs • risk factors related to regulation • the "The lack of full insurance" • the XRP / SEC security case is discussed in this paper • forms of attack against BTC etc. I highly recommend reading this, there are so many interesting topics. It's well written and easy to read. Here is the official application: https://www.sec.gov/Archives/edgar/data/1980994/000143774923017574/bit20230608_s1.htm#:~:text=The%20Sponsor%20may%20also%20disagree,the%20Shares%20as%20a%20result.

grndslm

Some people are in it "for more fiat", while others are just ignorant of what a permissioned network is in the first place. The intent of the post is to inform people that cryptocurrency should prioritize *permissionless* networks over other features. Decentralization is mentioned above all other features that encompass cryptocurrencies, yet decentralization by itself does not make a good cryptocurrency. For example, a CBDC is decentralized, but isn't something that should be promoted as a solution to any societal problem *because* it's a permissioned network... same as all the others in the OP. The name of the game is TRUST MINIMIZATION, not only decentralization.

RMattiae

Wow, it is so evident by these comments that even some of us need to STUDY BITCOIN! Alts are the Old Regime response to the BTC evolution. They are created with the goals of trying to disrupt TRUST among people. Bitcoin unite people, but people need to study it to understand it. Read the white paper again mate, try to understand WHY the whole process of decentralised money was created. Everything will be clearer when you’ll grasp the real reason behind Bitcoin: take power back.

cryptosystemtrader

That's what I was trying to do in TRUST but the damn thing doesn't support Tether via TRX.

i_reddit_at_reddit

Amazing amazing amazing pump from Asia coming in June. Trust me...TRUST ME you do not, do not want to miss this. Fuck them.

LifeReboot___

No, unless there's a REAL SAFE WAY TO LET AVERAGE PEOPLE STORE THEIR CRYPTO THAT REQUIRES NO TRUST.

Correct_Passage_5138

I.e. the way is to put TRUST on BTC. Everything else is noise.

Awhodothey

>Open Source doesnt make any difference. False. >then there is a factore of TRUST and RISK with every solution. No shit, Sherlock. *"You you have to have faith in science so you might as well have faith in the most implausible stories about sky daddy"* Proprietary hardware is no where near as dangerous as software. Proprietary hardware can't magically connect itself to the internet. Notice that I intentionally never mentioned Trezor or Jade because that debate is nowhere near the same risk as closed source software.

BillsInATL

Open Source doesnt make any difference. Unless YOU are building your own hardware, and YOU are writing your own firmware, then there is a factore of TRUST and RISK with every solution. Open source doesnt change that. Actually, could be even worse depending on how you look at it. With a proprietary manufacturer, I have to trust them as a company whose main purpose is to put out a successful product. With open source, I have to trust anonymous internet users that say they read the code, understand it all, and that it's totally safe. Additionally, with open source, the robe is fully open for anyone to comb through and find vulnerabilities and write hacks and exploits. This "open source madness" that has hit the community lately is starting to feel like Trezor shills trying to capitalize on the Ledger debacle.

hcollector

If closed source wallets are a big no-no, then why has Ledger for the past years been unanimously agreed to be one of the safest devices to store your keys, while it ALWAYS HAS BEEN closed source? Maybe because you people simply have no clue about tech? Now the people who always flocked to Ledger are flocking to open source wallets when 99.9% of you can't actually read the open source. "Ah but surely someone can read the source and assure us it's safe!" So the safety of open source wallets is basically "TRUST ME BRO"...?

Yodel_And_Hodl_Mode

But the fact that theirs is open source means people who DO know how to read it CAN read it, which means they can find anything malicious and let everyone know. With Ledger, it's "[TRUST ME BRO](https://twitter.com/oskararnarson/status/1659598900473241601?s=46&t=10M7j784UkbhZ8DB9rqUdw)."

LifeReboot___

You went to type an entire bullshit and talking about hardware and shit but can't give a definitive answer to a simple comparative questions? You're too dumb to realize the risk model is completely different with close sourced HW and open sourced HW do you? With open source hardware there will have more parties keeping them in check, these people would test if the pre-installed firmware is indeed have the same signature as the one that is open sourced, you think everyone in open source space is dumb? Everyone can just release one open source and send pre-installed HW with another firmware? You think Trezor could do that and survive this long? Next up, regular users that can't read code can still employ different strategies when dealing with the risk of open soured HW, such as but not limited to update only to audited firmware, use only firmware that has been released for weeks or even months so it can have more time for suspicious code to be detected, and keep in mind, all the competitors, community dev, and security firms will keep Ledger in check. But these are not possible when the entire firmware is close sourced, and regular users are even fucked, they can only TRUST and nothing else. That's what I'm talking about when I say the term "risk model", which you failed to understand. It seems to you everyone who doesn't read code are equal to dumb idiot and close or open source are equal risk to them? Are you dumb? The entire crypto space advocate open source because people and competitors keep each other in check, that's one main benefits of open source, do you have problem understand that? Open source doesn't mean every user should be able to read every single fking commits and compile from source. And I'm still waiting for you to post your github repo that has everything to show your credentials, and make sure it to be verifiable it's belong to you. Cause Jamie, I don't think you're the person you claim to be, 1 year ago you are just promoting your shitcoin scam SGE (SOCIETY OF GALACTIC EXPLORATION) <<< What an absolute dumb fking name to be no wonder no one hears about your tiny scam previously

LifeReboot___

Again, I stated I know my risk, and I'm gambling with the discount gap of ETHE (which is a different game plan of my own), and never advocate that to any Ledger users, but I'm merely stating TRUSTING LEDGER IS NO DIFFERENCE THAN TRUSTING A CENTRALIZED ENTITY IF I HAVE TO PICK TO TRUST A CENTRALIZED ENTITY I RATHER TRUST THE ONE THAT IS MORE REGULATED THAN SOME OFFSHORE PRIVATE COMPANY IN FRANCE.

LifeReboot___

You are right, which is exactly why I also don't recommend a specific HW even if they are fully open source. People need to assess the risk by themselves, and people who can't read programming language need have their own strategy into mitigate the risk, luckily there's some ways for them such as: - Don't update until a specific firmware release has been audited thoroughly by credible security firm. - Wait for months until a specific commits have been reviewed by communities - If they are going hardcore or simply storing large amounts of assets, they can always pay someone to read new commits for them to make sure there's no suspicious code being added - Use fully source HW in conjuction with multi sig wallet Now, these are options that are available for fully open source HW, but none of them is possible with a close sourced HW. They can only TRUST Ledger won't mess up or steal their seeds.

flak0u

Exactly this. I remembered all the "don't buy Ledgers in Amazon even if it's sold by Ledger themselves, ONLY TRUST LEDGER directly" posts... I imagine these people buy a car and go straight to a wall to crash test it since they don't trust the manufacturer.

skyHIGH-1

Even if ledger was open source, I would never know how to read the code and begin to understand it. I would still have to put my faith TRUST on the community/white hat subject matter experts for guidance. Remember “ WE THE PEOPLE “. have the absolute POWER to always do by what is right.

daydreaming1980

BTC IS BTC ... it has set the principles that found this space...decentralisation and p2p transactions without 3rd parties and the need of TRUST. but definitely academic research did not stop in 2009.. obviously it will be difficult...it is not just the tech anymore. Many- institutions- funds, even governments, are heavily into btc and eth and they won't let this happen easily. even cex's promote their own bags..

iamjustaguy

I've noticed increased simping for politicians here on this subreddit. Please, stop. I'm old enough to remember how a politician once said he was pro union, and the air traffic controllers endorsed him for president. After he took office, the air traffic controllers went on strike. The "pro union" president promptly fired them. So, these politicians see how passionate bitcoiners are, so they announce their support for it. When the banksters, owners, and corporate overlords put the pressure on politicians after the election is over, don't forget what happened to the air traffic controllers in 1981. There are many more examples, both Democrat and Republican. DON'T TRUST POLITICIANS! (verify by looking at their track record with a critical mind)

daydreaming1980

**TRUST ME BRO** everything is going to be alright...