Even if people massively switch to scooters they would still feel the overall inflation from gas prices because they still have a serious impact on supply chains. And since prices are pumped not because of demand burst, gas wouldn't go lower even if everyone switch to bicycles.
Also, gas prices are mainly going to be an american problem due to poor public transport. In Europe people already using alternative transport.
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This pic could be funny like 15 years ago. Currently, 3 of 4 issues shown no longer persists. In most countries you can withdraw the whole bank balance in ATM if it have enough cash and unless you need to withdraw billions. ATM usually doesn't take a fee (last time I've seen such fees on a popular tourist spot and that was a scam, not a banking). Banks don't take any exchange fees in addition to they exchange rate. And if you live in EU or US you can even request your money back if you prove that was stolen, these funds are ensured in some way.
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First of all, it could be nice if you post at least key arguments from your review here at this topic. 85% of everything in crypto space is complete bullshit and aint worth reading it. Show that your review have some points. Lately I've been seeing a lot of online advertising for this wallet, except that the reviews online are ambiguous. Like here: https://www.sitejabber.com/reviews/payeer.comThe main complaint of this wallet is that it has high commissions, long withdrawals, and the presence of verification, which is not great for the crypto industry. And also that the Payeer system is used by all kinds of crooks. Payeer is a centralized service. All centralized services usually have big delays while working with crypto or they may buy/sell crypto on a higher rates. Payeer is a lower tier payment system. It takes fees for literally anything. The only advantage of it is that Payeer is available in regions where PayPal is locked.
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The scenario is with no other currency present, so your goods will cost the same as long as the manufacturing process is the same, bitcoin will no longer grow in price as there is no longer such thing as BTC price.
No. In such scenario we still got another currencies in another countries in order to have a global competition on markets. Therefore, exchange rates would remain. it is highly unlikely that BTC become a single payment method worldwide, we shouldn't count on such scenario. But if you accept only BTC then your products are rapidly getting more expensive. The price of goods would likely decrease if people used solely Bitcoin. If the economy grew, but the money supply remained the same, then the exchange rate of goods would decrease. So how should it decrease? Imagine people in country A (this country already have its economy, production, import and export etc) decided to switch to BTC only. Since they are trading with another countries they have all production costs in BTC and they are selling everything for BTC while country B (which pays with their own money) is having continuously increasing prices. In the end, you only your products way overpriced in the world market just because you have switched to BTC.
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Few more services are providing such service. Seen it on matrixport and I guess there should be on some on some of decentralized exchanges. Just IMO but altcoin staking may be far more dangerous since despite insane apy it may lose price before you unstake it. At least Dual currencies are nominated not in garbage coins and you wouldn't end up with nothing.
You see 300-400% APY on some Dual Currency offers because they are expiring soon and wouldn't last for a year.
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You need to check what broker in your country have access to particular exchanges and stocks. In many cases you need to come to their office and sign up a contract in order to set up an exchange account. But in general, everything depends on your country.
There is a lot of shady forex kitchens that allow stock trading. In fact they do not have access to the market and you can only bet on numbers on the chart instead of actually buying stocks.
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I couldn't find any information about the company on your website. Where the project is registrated? What team stays behind your service? It doesn't feel like in modern world someone would tolerate anonymous card payments. Seems too good to be secure.
There is not much feedback about this service. Anyone from BTT tried them?
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Bitcoin is actually the currency that can't replace fiat due to deflation and it is not visible for many users since they might know how their personal finance works but they have no idea about global economy. Low inflation is helpful for economy because it makes your goods more competitive on the global market (for example: due to lower tier countries are accepted to eurozone EUR is getting cheaper and it gives boost for economy). But if you accept only BTC then your products are rapidly getting more expensive. At a single moment the entire export might become non-competitive for the market that would cause insane loses.
Cases when BTC prices are recalculated to USD are not considered since here it is just a substitute for fiat price, not a replacement.
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Does it mean that UST would be backed by USD and BTC goes in addition or a stablecoin is only backed by crypto? IMO it seems like a bad idea since with a BTC price change we may have gaps between its value and token emission. Collateral value would also go down quite fast during the bull run. Therefore we can easily get in situation where a part of stablecoin supply is backed with nothing.
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Nothing guarantees it is not a part of a major bear trend. For example when in 2018 BTC was crushing from 20k we had a few breaks (as I remember at 15k, 10-12k, 7k and then it finally reached the bottom at 4k) and on every step people been hoping that this is the end of the trend and now it will go high. However, this thing may last for years. Soruce
Stop shilling links from that worthless site, and take some time to learn a few basic English words A guy just made a typo. No need to point on that. We all see that you have found a great teacher in Ukraine and your english is perfect.
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I'm always getting surprised by the amount of economical ignorance on this forum. It feels like people really believe the entire world's economy looks like this: countries are printing money = money inflates = economics suffer. Most people here have same understanding of economical processes as a fifth grade child. And I doubt anything will change since it is attractive to speculate on this topic for nothing.
Hopefully, one day people understand that economics work at least a bit more complicated.
Nop its not complicated just watch the fed and central banks if the money printing engines working then we get money if not economy down Printer is swiched on or swiched off thats economy Well, just as I said, it doesn't seem like you fully understand what you are talking about since your scope is ending somewhere on money printing. Just FYI, but it happens that sometimes money were printed, but inflation remained on the same level. Sometimes it happens that the amount of money remains the same but due to supply or demand shocks (that we recently had with covid) and it have a large impact on prices. Or sometimes it happens that inflation itself might be helpful for economy. It is a pity that most people in Economics section are convinced that economics is about turning the printer on or off.
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At one side I agree with this guy that BTC as a major and legit cryptocurrency in a long run may save your long term savings from inflation, which is still risky. But from the other side, it is very stupid to try making BTC a cure for every economic disease (especially if that was made for sake of using crypto). There are some more things that are pushing the inflation. For example: due to covid in the UK there was not enough truck drivers to deliver fuel to the gas station (and pretty much the same situations with usual retail). In this case deviations of supply and demand caused inflation. How da hell Bitcoin would save us from it?
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It sounds like OP have managed to multiply his money by trading crypto. However, Bitcoin doesn't play any role here. If he earned by trading then there is almost no difference regarding what assets you are trading. Nothing stops you from finding a forex broker with a huge leverage and keep trading a standart USD / EUR pair. Trading profit would be the same.
For OP it would be a good advice to stop investing in shit, stick to legit crypto and stop loosing money.
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I'm always getting surprised by the amount of economical ignorance on this forum. It feels like people really believe the entire world's economy looks like this: countries are printing money = money inflates = economics suffer. Most people here have same understanding of economical processes as a fifth grade child. And I doubt anything will change since it is attractive to speculate on this topic for nothing.
Hopefully, one day people understand that economics work at least a bit more complicated.
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Website seems nice. Simple design and decent functionality. Some suggestions:You may try add ranking like https://cryptopanic.com have. If you manage to make a fast news ranking then you may get hundreds of new daily users that would be using your website as a trading advisor. It also can be nice to be able to filter by multiple sources or exclude a single source from the feed.
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It doesn't seem like dentists are the one who needs the explanation. They are already doing their jobs. Hospital administration is usually responsible for billings and payments and all business things are at their side. So first of all you need to communicate with them. And it appears. that nowadays it is much easier to accept crypto. These clinics can even connect to BitPay and receive crypto payments in fiat and don't care about crypto.
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I've seen a few services that promise to inherit your crypto savings to your trusted person. But I doubt they will work properly since inheriting money is more about possible legal issues. There are many laws that regulate the way this assets will be distributed. It often happens that relatives spending years trying to sue someone to get their inheritance. Therefore, it doesn't seem that 3rd party services (usually centralized) imo is not trustworthy.
It feels like it is safer just to give your private key to your lawyer (or if you don't trust the lawyer then you can make a bank deposit box and tell the lawyer about it) and pass it to someone else in your last will. In this case you private key wouldn't get lost and your relatives would have less legal problems.
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As far as I'm aware CBDC is mainly a fancy experiment but not a serious project. At least central banks that created ones did not demonstrate any significant results.
Hydrogen explained it pretty clearly. In addition I can say that in the best case we will get CBDC that works just like tether but without any scandals and with reputable issuer. And first, it doesn't seems like central banks are actually willing to make tether-like CBDC. They still want to remain control over it. Second, do we actually need CBDC? What issues would be resolved by using CBDC? It might be that no one just needs it.
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Unlike other general asset that depends on quality to quantify it's value, bitcoin makes more sense based on how many btc you have not just how much of it. The earlier investors come to appreciate bitcoin based on it's own personal value not based on it's fiat value the better for their investment skill. The goal when it comes to bitcoin investment should be focused more on owning more coin not even on what the price is in relation to fiat
So you wanna say if you treat bitcoin like early investor then you will get the save profit? It doesn't work like this. There are always huge promising future for bitcoin so even in the dip the target should be focused more on when to sell so as to buy more coin. buying shouldn't be a focus of the fiat value but rather a focus of how many btc is available in your custody. To get the best of Bitcoin investment the focus of how many of this coin you are investing should be the major concern and not the fiat value thereof.
If I already have enough crypto in my portfolio then why da hell should I be willing to get more coins? It is always good to diversify assets and don't go full crypto. To get the best of Bitcoin investment the focus of how many of this coin you are investing should be the major concern and not the fiat value thereof.
Sure, people shouldn't give a shit about the price. Just buy a coin at ATH and be a happy idiot. The major concern for bitcoiners is to make profit no matter the market trend.
Every market works like this. Not only crypto.
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