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How Crypto-Anarchy Can Help You To Reclaim Your Privacy, Personal Liberty, and Financial Sovereignty

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Crypto-Anarchy

Crypto-anarchy may be a scary sounding term for some. However, the only people who should be afraid of crypto-anarchists are authorities who actively seek to limit the freedom of individuals.

In this article, you will be introduced to what crypto-anarchy is and why the tools and technologies that crypto-anarchists use are more important today than ever before.

What is Crypto-Anarchy?

Crypto-anarchy is the cyberspatial realization of anarchism. Crypto-anarchists are people who deploy cryptographic software and privacy-enhancing technology to evade persecution from the state while perpetuating their privacy and financial sovereignty, and political freedom. 

Crypto-anarchy was born out of the Cypherpunk movement, which started in the late 1980s. The Cypherpunk movement started in San Francisco and included figures such as BitTorrent’s Bram Cohen, Blockstream’s Adam Back, Wikileaks’ Julian Assange, Blockstream’s Adam Back, Zcash’s Zooko Wilcox-O’Hearn, and early-stage Bitcoin developer Hal Finney. 

Crypto-anarchy was first publicly propagated through the Crypto-Anarchist Manifesto, which was published by Timothy C. May in 1992.

In the manifesto, May wrote:

crypto-anarchy“Computer technology is on the verge of providing the ability for individuals and groups to communicate and interact with each other in a totally anonymous manner. Two persons may exchange messages, conduct business, and negotiate electronic contracts without ever knowing the True Name, or legal identity, of the other. Interactions over networks will be untraceable, via extensive re-routing of encrypted packets and tamper-proof boxes which implement cryptographic protocols with nearly perfect assurance against any tampering. Reputations will be of central importance, far more important in dealings than even the credit ratings of today. These developments will alter completely the nature of government regulation, the ability to tax and control economic interactions, the ability to keep information secret, and will even alter the nature of trust and reputation.

The State will of course try to slow or halt the spread of this technology, citing national security concerns, use of the technology by drug dealers and tax evaders, and fears of societal disintegration. Many of these concerns will be valid; crypto anarchy will allow national secrets to be traded freely and will allow illicit and stolen materials to be traded. An anonymous computerized market will even make possible abhorrent markets for assassinations and extortion. Various criminal and foreign elements will be active users of CryptoNet. But this will not halt the spread of crypto anarchy.”

It turns out, May was right with his predictions.

What Crypto-Anarchy Can Teach You About Privacy, Liberty, and Financial Sovereignty

As we know from Edwards Snowden’s NSA revelations, Facebook’s misuse of personal user data, and Amazon Alexa’s recording of its users, we are losing our privacy more and more every day. While some argue (with some merit) that we are simply handing it over by sharing too much (easily harvestable) information on social media, intelligence agencies have been spying on citizens and their entire digital lives for decades.

This is something that has always been going on but has only recently been made public when Edward Snowden blew the whistle on the NSA’s global spying program. But despite the public outcry, these spying programs are still being sanctioned by our elected leaders today.

This bleak reality suggests that if you want privacy in this increasingly digitalising society, you need to take matters into your own hands. That is where crypto-anarchy comes into play.

Since crypto-anarchists do not want government agencies or anyone else for that matter, knowing what they are up to they utilise privacy-enhancing technologies to communicate, peer-to-peer networks to engage in commerce and cryptocurrencies to transact.

To surf the web without being tracked, they use the Tor browser. Tor disguises your identity by moving your Internet traffic across different Tor servers so that it cannot be traced back to your IP address location.

To communicate via email, PGP encrypted email services such as Proton Mail are used. Unlike Gmail, Proton does not read your emails. They are end-to-end encrypted, which makes it de facto impossible.

For messaging on the go, encrypted mobile messaging services such as Signal are preferred over Facebook-owned WhatsApp.

To make payments online – you guessed it – crypto-anarchists use decentralised digital currencies such as bitcoin (BTC) and even more so, anonymous cryptocurrencies such as Monero (XMR) and PIVX (PIVX).

These are just a few of the most common tools that cypherpunks and crypto-anarchists use to protect their privacy and to preserve their financial sovereignty.

Why You Should Take Crypto-Anarchists Serious

Now you may be saying to yourself: “Why should I care about crypto-anarchy? This is total over-kill. I don’t engage in political activism nor am I a target for the state.” While this may be true, do not forget that history has shown us how easily the tide can turn and individual liberties can be limited.

Not only has The Patriot Act in the U.S. shown us how willing governments are to spy on its own citizens even if they are not engaged in any criminal activities but the new social credit ranking system that is being implemented in China shows us clearly how our digital data can be harvested and used against us in a heartbeat.

This article is not meant to convince you to “go dark” like you are being chased by the C.I.A. or switch off all your electronic devices and go live in a cabin in the woods so that “the government” cannot get to you.

Instead, the purpose of this piece is to introduce you to the technologies that are being embraced by the crypto-anarchist community that you can utilise to protect your online privacy, reclaim some of your lost liberties and increase your level of financial sovereignty.

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5 Tips for Trading Cryptocurrency

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Tips for Trading Cryptocurrency

Whether you are a complete beginner to trading cryptocurrency or you have been trading for a few years but simply want a few pointers, there are always a few ways that you can improve your trading and start to earn more money. Much like regular trading, cryptocurrency trading can be complicated and confusing, but if you are willing to put the work in, then you could succeed and earn the right amount of money through your investments.

Here are five handy tips that will hopefully help you to get started with cryptocurrency trading. 

Diversify Your Investments

Crypto trading tips

Much like with regular investing, it is best to diversify your investments so that you do not have all of your eggs in one basket.

Spreading your investment across different coins will mitigate risk, and it is an intelligent strategy which should always be used when investing – it is a good idea to place the majority of your money into a stable coin, like Bitcoin, and then to invest small amounts in those that have more significant potential (but higher risk).

Always Do Your Research

Investing blindly is never a good idea, no matter what you are investing in, even if it has been recommended from a trusted source.

It is essential to always carry out your own research so that you are an informed investor, which should help you to avoid making significant mistakes or being taken advantage of by those looking to exploit less-informed investors (of which there are many). The internet is a fantastic resource for researching and learning more about cryptocurrency, but just make sure that you are getting your information from reliable sources.

Do Not Follow the Crowd

Leading on from this, you should avoid following the crowd when it comes to cryptocurrency investing (and any other type). By the time a crowd has formed, it is usually too late as large jumps often are followed by dips. Therefore, you should always do your own research and try to identify trends before they form.

Use Crypto Telegram Signals

One way to identify trends before they form is to use crypto telegram signals, which are trade tips for buying or selling a coin at a particular price and time. These tips are provided by experts that carefully watch the markets and use their expertise to help investors to make the right decision and at the right time.

Learn from Your Mistakes

Mistakes and losses are inevitable when it comes to investing, particularly in volatile markets like cryptocurrency. A good investor is one who will use any loss as a learning experience so that they can avoid making the same mistake again and become a better, more informed, and confident investor.

These tips should help any cryptocurrency investor to start making better decisions and make more money with their trades. It can be confusing and complicated and there are sure to be a few mistakes along the way, but as you learn, you will become a better and more confident investor and enjoy playing the markets.

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How to Earn Bitcoin by Playing Online Games

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Playing Online Games

There are many ways to earn bitcoin without making a single deposit of just a unit of Satoshi. You can earn bitcoin from taking online polls, playing new slots, after the delivery of a freelance job, or even from faucet sites. Many platforms are now adopting bitcoin as their legal tender; China is in this race, too. A lot of these outlets pay in BTC, and you can easily earn bitcoin from them if you can work hard for an extended time.

But there is an alternative way of earning bitcoin. You guessed it right! By playing video games online using your PC or SmartPhone. This online casino real money Canada slots are some of the best you can think of, and the fact that you can earn bitcoin while playing your favourite games is enough a reason why you should try it!

SparkProfit 

SparkProfit is one of the go-to Bitcoin games just like many of the games in Mr. Bet. You have to learn how to stay away from your Top Ramen in your grandma’s basement. With this, you are good to go in this game.

It is a trading simulation that gives you the courage to make predictions in the forex and cryptocurrency marketplace. Bitcoin casino Canada is the leading cryptocurrency for online casino deposits. More points will be available to you when you make more accurate predictions. You can withdraw from this platform using bitcoin anytime you like.

Altcoin Fantasy 

This is another virtual platform where you trade games. This platform can also teach you the art of trading in an environment void of risks. It features a competitive leaderboard environment that does not allow you to lose your precious money.

You can trade altcoins on their site using their mobile app or on their website. You can play their games using both iOS and Android devices. Pitching their tents only in Canada and the US for now, the company wishes to extend their tentacles to Hong Kong, South Korea, and Japan very soon.

Tremor Games 

Tremor is a web gaming site that provides you with a plethora of games, similar to what you have in another distinctive flash arcade. But then, it is dissimilar to a standard run-of-the-mill gaming site in that you’ll get your payment through “Tremor Coins” as you keep progressing in the game. You can get the equivalence of the tremor points you’ve accumulated over time in Bitcoins when you exchange them for withdrawals.

Bitfun.co 

BItfun is a standard faucet site. It allows you to play a plethora of games for about three minutes. For each win you make, you’ll earn some bitcoin.

Satoshi Quiz 

This is an exciting and engaging game that awards you a thousand Satoshis for each question you answer correctly. Don’t expect it to be all the questions to be all rosy. There are both easy and tough questions that you have precisely one minute to answer. If you are good with this quiz, you stand the chance of winning up to a million Satoshis.

Quiz BTC 

This quiz is a competitive styled quiz, and it lets you win free bitcoin when you right answer one question. The faster you are on answering these questions, the more Satoshis you stand to gain. New questions are posted every minute, and the winner of the quiz goes home with Satoshis.

Storm Play 

Storm Play is a straightforward and refreshing way of earning free bitcoin, Ether, and STORM when you use their services and products. You can deposit your earnings your wallet, Exodus, or to your Coinbase account.

This guest contribution was written by Loyd Pelto. He is a professional freelance writer. From his posts, you can learn about online casinos, crypto casinos, and how to make predictions on sports betting. 

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How To Get Started With Web Staking

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black man macbook

Staking is one of the easiest ways to earn investment income with cryptocurrencies. In this guide, we explore how to get started with web staking to earn income on your digital asset holdings. 

How PoS Staking Works

The proof-of-stake (PoS) algorithm deployed by a large number of cryptocurrency networks involves participants “staking” digital asset holdings in order to secure the network. In exchange for staking, these validators receive staking rewards. 

To stake cryptocurrency, you will have to reserve large sums of a particular cryptocurrency in your wallet and connect it to the blockchain as a delegate/staker by holding it in the network’s official wallet. After this, you will begin to receive rewards on a (usually) daily basis for your service on the blockchain. The higher the number of cryptocurrency staked, the higher the validation power and staking reward.

For instance, on the Tezos blockchain, transactions are validated when bakers (individuals with large sums of tezzies (XTZ) reserved) watch the network and create blocks. These delegates are then rewarded with newly minted tezzies (XTZ).

Ethereum, the second-largest blockchain network, is currently using a proof-of-work (PoW) consensus algorithm but plans to move to proof-of-stake soon as its developers recognise the value of this alternative method of securing a decentralised blockchain network and rewarding participants.

Recently, third-party providers have launched staking-as-a-service, allowing users to stake cryptocurrencies without having to handle the technical aspects of it themselves. 

Another new development is web staking, a concept that intends to open up staking opportunities to more people. 

Web Staking CREDIT

Terra Credit

Web staking refers to performing staking on a web platform or application. It is a less demanding method of earning passive income with cryptocurrencies as it requires very little activity from the user. An example of a web staking platform is the Terrabit Staking web application.

Terrabit markets the platform as a “service to CREDIT holders as a new and convenient way to earn staking rewards.”

The platform allows users to stake CREDIT, the native token of the TerraBit blockchain. CREDIT is a utility token that enables users to access special features on Terrabit.

CREDIT holders pay zero-fee transactions, faster payments, and web staking. Users can earn up to 100% ROI by staking CREDIT on the Terrabit staking application. The staking collateral threshold for Terrabit is 10,000 CREDIT. This means that you need at least ten thousand coins to start staking and receive rewards.

Top features on the Terrabit staking app include:

  • Web-based CREDIT staking up to 100% per year
  • Hourly rewards
  • No lock-in period
  • Intuitive interface

Terrabit is a South African cryptocurrency trading platform that offers fiat-to-crypto services for five African countries. What’s more, CREDIT is trading on Bitforex, allowing users to change the cryptocurrency for others on an external exchange.

Additionally, CREDIT’s developers already recognised the trend of PoS staking over 18 months ago when they decided to opt for PoS as their network’s consensus algorithm. 

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