JOEL MIRIMO CRYPTO
Crypto Enthousiast qui se bat pour l'adoption du bitcoin en Afrique Francophone | Crypto Éducation | Auteur du livre : Afrique et la Crypto
13 Following
24 Followers
26 Liked
1 Shared
Posts
PINNED
What is self-custody wallet in crypto?
💡
What is self-custody in crypto?
It's taking full control of your cryptos without depending on a third party.
You keep your private keys, so your funds are truly yours!
🔐
⚠️
Warning: Lose your keys = lose your cryptos.
The responsibility is in your hands.
So should it be done centrally or decentrally?
Both have advantages and disadvantages.
Adopting#Bitcoinalso involves controlling your assets
💪🏿🌍
#CryptoEducation #BitcoinAfrica
What is self-custody in crypto?
It's taking full control of your cryptos without depending on a third party.
You keep your private keys, so your funds are truly yours!
🔐
⚠️
Warning: Lose your keys = lose your cryptos.
The responsibility is in your hands.
So should it be done centrally or decentrally?
Both have advantages and disadvantages.
Adopting#Bitcoinalso involves controlling your assets
💪🏿🌍
#CryptoEducation #BitcoinAfrica
A lost key is a lost fortune.
It is estimated that over 20% of bitcoins are lost forever due to forgotten private keys.
What system do you use to secure your access without losing it?
#CryptoSecurity #LostBitcoin
It is estimated that over 20% of bitcoins are lost forever due to forgotten private keys.
What system do you use to secure your access without losing it?
#CryptoSecurity #LostBitcoin
A DAO is not always democratic.
Those with the most tokens have the most votes. Result?
It is often the wealthy who decide.
Do you think this is still decentralization or just a new elitist model?
#DAO #CryptoGovernance
Those with the most tokens have the most votes. Result?
It is often the wealthy who decide.
Do you think this is still decentralization or just a new elitist model?
#DAO #CryptoGovernance
Bitcoin mining is no longer accessible to everyone.
In its early days, it was mined with a laptop.
Today? Industrial farms are required.
Do you think the centralization of mining threatens Bitcoin?
#Bitcoin #Mining #Decentralization
In its early days, it was mined with a laptop.
Today? Industrial farms are required.
Do you think the centralization of mining threatens Bitcoin?
#Bitcoin #Mining #Decentralization
Many "open source" projects in crypto are controlled by a single team.
Open code ≠ open governance.
Often, only a few developers really decide.
Which projects do you trust for their true decentralization?
#Crypto #OpenSource #Governance
Open code ≠ open governance.
Often, only a few developers really decide.
Which projects do you trust for their true decentralization?
#Crypto #OpenSource #Governance
Blockchain is not 100% immutable.
Blockchains like Ethereum have already rewritten their history (e.g., the fork after The DAO in 2016).
So yes, even the “truth” on the blockchain can change.
Do you think such power goes against the principle of decentralization?
#Blockchain #CryptoHistory
Blockchains like Ethereum have already rewritten their history (e.g., the fork after The DAO in 2016).
So yes, even the “truth” on the blockchain can change.
Do you think such power goes against the principle of decentralization?
#Blockchain #CryptoHistory
Ethereum 2.0 promises to solve major problems, but the solutions have their own challenges.
The transition to proof of stake could improve scalability, but how long will it take to become truly effective?
Do you believe in the future of Ethereum 2.0? ⏳
#Ethereum #Crypto #PoS
The transition to proof of stake could improve scalability, but how long will it take to become truly effective?
Do you believe in the future of Ethereum 2.0? ⏳
#Ethereum #Crypto #PoS
The “whales” really influence the market.
Large investors can manipulate prices by buying or selling huge amounts of crypto.
Do you think that the “whales” have too much power in crypto?
#Crypto #Whales #Market
Large investors can manipulate prices by buying or selling huge amounts of crypto.
Do you think that the “whales” have too much power in crypto?
#Crypto #Whales #Market
Some projects use NFTs to tokenize real assets such as real estate or physical works of art.
Do you think the future of NFTs lies in the tokenization of real assets? 🏡🎨
#NFT #Crypto #Tokenization
Do you think the future of NFTs lies in the tokenization of real assets? 🏡🎨
#NFT #Crypto #Tokenization
Transactions on certain popular blockchains can be expensive, especially during times of congestion.
Fees can sometimes exceed profits!
Have you ever paid too much in fees? 💸
#Crypto #Blockchain #Fees
Fees can sometimes exceed profits!
Have you ever paid too much in fees? 💸
#Crypto #Blockchain #Fees
Never invest in a project you don't understand.
This is not a casino.
Read the whitepaper. Understand the problem it solves. Look at the team.
This is not a casino.
Read the whitepaper. Understand the problem it solves. Look at the team.
Some projects, such as Binance Coin (BNB), practice regular token burn to reduce supply and increase value. This is known as a 'burn'.
But does it really affect long-term value? 🤔
#Crypto #TokenBurn
But does it really affect long-term value? 🤔
#Crypto #TokenBurn
DeFi is supposed to be decentralized, but many projects are still centralized.
Some DeFi protocols are controlled by a handful of people. True decentralization remains rare.
Do you think DeFi can really be 100% decentralized? 🤔
#DeFi #Crypto #Centralization
Some DeFi protocols are controlled by a handful of people. True decentralization remains rare.
Do you think DeFi can really be 100% decentralized? 🤔
#DeFi #Crypto #Centralization
It's a new project, go for it before it blows up!
This phrase is the origin of 90% of scams.
In crypto, hype is a weapon.
Have you ever been caught by a project that's too good to be true?
#Crypto #ScamAlert #DYOR
This phrase is the origin of 90% of scams.
In crypto, hype is a weapon.
Have you ever been caught by a project that's too good to be true?
#Crypto #ScamAlert #DYOR
Blockchains like Ethereum have high fees, especially when the network is congested.
Do not overlook this cost in your profitability calculations.
#Crypto #Ethereum #Fees
Do not overlook this cost in your profitability calculations.
#Crypto #Ethereum #Fees
USDT and USDC are supposed to be '1:1' with the dollar, but in times of crisis, these tokens can lose their peg.
Stability depends on reserves and trust in the issuer.
Cf. FTX
#Crypto #Stablecoins
Stability depends on reserves and trust in the issuer.
Cf. FTX
#Crypto #Stablecoins
"Reflexive" tokens (like $SafeMoon) do not create intrinsic value.
They rely on buying and selling to fuel their value.
This can lead to a bubble if interest decreases.
#Crypto #Tokens #SafeMoon
They rely on buying and selling to fuel their value.
This can lead to a bubble if interest decreases.
#Crypto #Tokens #SafeMoon
Many believe that decentralization means the complete absence of regulation.
In reality…
Even decentralized projects can be constrained by regulations, especially in terms of KYC/AML.
#Crypto #Regulation #DeFi
In reality…
Even decentralized projects can be constrained by regulations, especially in terms of KYC/AML.
#Crypto #Regulation #DeFi
USDT Censored: Possible?
Many think that if a token is on the blockchain, no one can control it. But that is not always true.
For example, USDC (from Circle) and USDT (from Tether) are centralized stablecoins.
Even if they operate on Ethereum, a public blockchain, the companies behind these tokens can freeze your money.
How? Through a function in their smart contract called 'blacklist'.
If your address is suspected of fraud or requested by an authority, they may block your funds.
For example, USDC (from Circle) and USDT (from Tether) are centralized stablecoins.
Even if they operate on Ethereum, a public blockchain, the companies behind these tokens can freeze your money.
How? Through a function in their smart contract called 'blacklist'.
If your address is suspected of fraud or requested by an authority, they may block your funds.
Crypto is more than an investment. It's a revolution.
Every day, thousands of people around the world are taking control of their money thanks to blockchain.
Transparency, speed, freedom: that's the power of cryptocurrencies.
You're not too early. You're just in time.
#CryptoLife#Binance#BlockchainRevolution#InvestSmart
$
Every day, thousands of people around the world are taking control of their money thanks to blockchain.
Transparency, speed, freedom: that's the power of cryptocurrencies.
You're not too early. You're just in time.
#CryptoLife#Binance#BlockchainRevolution#InvestSmart
$
Login to explore more contents