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Jakub
8ca85f73a2fde5df52d1255bfe6d36ab441e170780d6945163802e2190195221
https://btc-dca.com

The air polution, amount of non-electric motorcycles and lack of solar pannels is surprising for such a sunny island like is Bali 😔

LN broadcasting

- this functionality brought a lot of micropayments in our wallets

One would say spamming us with unwanted messages, but for me it is mainly a good source of awerness about not known projects.

Of course, be aware of scams..

not sure what should convince the authorities to not go against it.. they realize what they loosing.. but what would they get if they would make it legal?

Bali & Bitcoin

..it has been a couple of days here while I have not noticed any “Bitcoin accepted here” sign.

Looking into it a bit deeper and see that this totally banned here - meaning the payments and the sanctions are quite serious for both sides - high fines, jail, business closure, deportation, etc.

Well, this is not worthy the risk of any sides and considering every state would do the same - bitcoin has a serious problem.

How do you feel this threat and do you know about some nice overview of these restrictions in particular countries?

Additional source of my info:

https://cointelegraph.com/news/bali-governor-warns-on-crypto-payments

zajímalo by mě nějaká osobní zkušenost. resp. když pojedu do země, kde to už běží, tak to tam asi zatím funguje vedle FIAT peněz a použití CBDC je zatím alternativa?

First time in your life you have the power to choose if to receive ads or not 💪

exactly, that´s the right solution for those not want to get these notifications

i noticed eaglesats.com but there are probably some more

Replying to Avatar South_korea_ln

In the past 24 hours, you may have received an ad over lightning where I conducted a casual social experiment, not adhering to strict scientific protocols but rather for amusement.

For this, I utilized eaglesats.com. A detailed discussion about this business model can be found in a recent post here: https://stacker.news/items/316903.

The premise of the experiment was simple: I offered participants the chance to send me 1,000 sats, and in return, they would receive 2,000 sats back to their LNURL address, which they were instructed to include in their payment comments. I sent out about 5000 messages at 5 sats each.

Observations from the experiment include:

- I collected approximately 15,000 sats and paid out around 20,000 sats. Some participants sent smaller amounts, likely skeptical of a potential scam. After immediately reimbursing the first participant, I decided to wait until the experiment concluded an hour ago. This was to prevent others from creating multiple addresses to exploit the system after realizing the offer was legitimate.

- Over 90% of the participants used Wallet of Satoshi.

- Some participants failed to follow simple instructions. I received several 1,000 sat payments without a corresponding return address. Consequently, I didn't need to disburse 30,000 sats in total. This issue could also stem from a limitation in some wallets where custom messages are truncated, as discussed in one of the comments here: https://stacker.news/items/316903.

- The experiment showed that people are still vulnerable to falling for double-your-bitcoin scams. While I did honor the payback in this case, malicious actors might not do the same.

Yesterday, the minimum payment on eaglesats.com was 5 sats/message. Now, it is at 10 sats/message. I presume this is as a reaction to the messages posted here: https://primal.net/e/note1ym0p4qlswhkhxfz5wqs23j5rrkuc6zlgn0z0kw3xxlmzvjsfv3sqzs5hqa to avoid people getting spammed for too little money.

I also thought it is a scam, but 1000 sats was worrhy to take the risk

🎈November 2023 #bitcoin #DCA #PORTFOLIO for sharing

12 months, 1 year since the first investment in this portfolio, 28.7% p.a. profit while levereging the risk using the DCA strategy

Current balance: € 720 (0.0218 #BTC)

Invested: € 559 (for an average price of $ 26 928)

#profit: € 160 (28.7%)

Monthly #investment: € 60

Daily investment: € 1.95

btc-dca.com

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