Dr Okonjo-Iweala was supported in the majority by the Caribbean, Africa, the European Union, China, Japan and Australia countries. I sincerely wish her the best of luck in her new role and that she do a memorable job. She has a brilliant career having a 25-year career at the World Bank and has led important positions as a development economist. We all want your administration to be the best because we need the best leaders to restore the economy left by the Covid19 pandemic. https://en.m.wikipedia.org/wiki/Ngozi_Okonjo-Iweala
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Thanks for your post. I understand that your idea is to share with us that we remember the philosophy because Bitcoin was created under the premise that it works as a decentralized financial system. It is true that many shitcoins abound in the market that we must be cautious when investing. It is sad that even in this decade there is so much poverty and inequality. While in the world rich men become richer and their wealth predominates in the balance before the inequality of the poor. We will be attentive to what comes out of PayPal now accepting Bitcoin if it will be a success or will be surpassed by other products.
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I'm waiting for the second day to confirm my transaction, with the commission I specified 40 sat/byte... Judging by such results - Bitcoin badly copes with the payment function and the commission is unreasonably expensive!
This is one of the main reasons why Bitcoin cannot yet be the 1st recognized currency in the world. Bitcoin can provide benefits such as a store of value and more. But it need development to be used by the whole world. Perhaps in the future solutions will be created to allow Bitcoin to be used by everyone.
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According to the article, the Iranian government plans to resort to Bitcoin so as not to paralyze its international trade. Because the USA has sanctioned it, the government last year approved bitcoin mining and are establishing rules to make good use of it. The Ministry of energy of that country will be in charge of developing a plan so that the miners do not exceed their energy consumption, they will also receive a subsidy for energy. It is a necessary strategy that Iran is doing to safeguard its economy and contributes to the adoption of Bitcoin because it will be for the first time that a country opts to pay for its imports without the need for the dollar.
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I understand how we are concerned about how money is printed in the USA and I do not believe that with all the circumstances around it it will lose value until it reaches high inflation. Although cryptocurrencies are playing an important role in this time of crisis, more people are avoiding spending and investing in them. The announcement of PayPal has been so important to boost the use of crypto globally we only need to wait for the responses received towards adoption. And this is not the only resource we have, there are valuable alternatives to grow the crypto space.
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Cryptocurrencies could be used in my country without government restrictions. The problem we have is a deficient infrastructure for this purpose that needs to be improved. The population also needs an education. Although progress is being made to introduce payment methods in cryptocurrencies in various network of shops such as supermarkets, pharmacies, hotels, among others. It is a good start but everything takes time, we also have to add that we are still living in the middle of the pandemic.
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Agree. The key is the time and dedication you put into the work you want to do. It works for all the things we want to do in life. I will share an experience. I'm making homemade lollipops with my mom. We started off a good day and hopefully the kids in our neighborhood liked the lollipops. Then we began to vary the flavors so we must use the time and dedication well to be able to carry out all our activities and obtain a new income.
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So is! The Bitcoin network is congested. I wish it would be resolved within a few days. If it is not decongested I would have to exchange Bitcoin for Ethereum to get some Fiat that I normally do every week. One day we will have a solution to these network problems when there is always a lot of demand. First it was Ethereum now it is Bitcoin.
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I love digital innovations so I see that this is a good step for the digitization of land-based casino payment methods. Coincidentally today I was thinking that when adversities occur, opportunities arise as in this case. The transformation towards digital payments is caused by the pandemic in response to offering a better service to customers. I would use this payment method because it also comes with interesting benefits for loyal customers.
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The death of the Filipino police officer who was in the line of duty is sad and unfortunate news. Despite the fact that the sport of cockfighting was banned in August because local authorities were able to detect that they were being a focus of the Covid19 virus. Disagreeing with the actions of these people with the desire to profit, they dared to organize the event that had a tragic end. With this outcome the authorities have been able to realize that this sport is dangerous and possibly there will be more restrictions in the future.
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I also believe that the new normal in the resumption of games is a success. Because it has not been easy to carry them out because the virus has been everywhere and the players and the staff despite the strict measures that they have been implementing, the virus has come to affect them. But thanks to the quick and timely prevention, the organizers of the sporting events have been able to solve the problems. We have also noted the sensitivity and generosity of the players and team owners who have supported with significant donations to counteract the effect of covid19.
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I see positive the measures that the countries of Europe will take to regulate online gambling because this will guarantee that people do not lose their jobs due to the Covid19 pandemic now that Europe is experiencing the second wave of infections. The advertising of gambling sites could be affected those that sponsor sports teams as an example as mentioned in the article. But the legislation will take time, it only remains to know how the law on the regularization of online gambling will evolve and the repercussions that it will bring.
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This is a tough question. But we must be prepared in a scenario like death to leave instructions to our relatives on how to access our Bitcoin or any other crypto that will be later for their benefit. Among my wishes would have to be that my universal heir receives all my funds. I think OP's question is 100% valid and makes us wonder if we have everything in order. Thanks for this survey.
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Welcome to the Bitcoiners community. Bitcoin is a good long-term investment as well as risky. You have to be patient to see the gains. If you bought when the price of Bitcoin was low, you are lucky now. I follow a Bitcoin advocate on Twitter who always makes me gain confidence. I hope you find their tweets interesting too.
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The U shape could certainly be the model for the recovery of the world economy if in the short term the pandemic had a cure or at least the virus reduces its harmful effects. China is restarting its economy but slowly because it needs other countries to put into operation the distribution channels of its goods. We agree that the economic recovery is being affected by the pandemic. USA as a country with great economic momentum with more cases of covid19 and the second wave of infections that Europe is experiencing. I still wonder why we are not careful to see the experiences of others to minimize mistakes with the idea of getting out of this crisis quickly.
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OP, you have listed some issues that currently afflict humanity. The truth is sad. But you have to have a positive attitude because not everything can be solved with a magic wand. It is all up to us to do our best to enforce our rights. If there is something that we must change, we must start with ourselves by doing works for the collective.
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The price of Bitcoin was able to decrease as it happened recently when the pandemic started. In all parts of the world uncertainty began to be felt but as time passed and humanity realized that it could survive with the virus. Bitcoin began to recover its price because more people have been interested in investing in Bitcoin to protect their capital from the smallest investor to the most reputable.
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I'm sorry that you suffered the theft while sightseeing with your family. Although it must have been an unpleasant experience, you were very lucky that the thief did not take your Trezor. Certainly its design looks like a toy, your Bitcoin was safe this time. After this experience you need to keep your devices more secure. Thank you for sharing your experience because you alert us to be more cautious.
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I have chosen Bitcoin because I live in a country with hyperinflation and Bitcoin helps me to save some money. Although it is a risky investment, I prefer to exchange it for fiat for my daily needs and the rest of my capital in Bitcoin. Times have changed now more than ever Bitcoin will be an important asset for nations.
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Now Bitcoin is gaining value. It has remained strong amid the pandemic crisis. With the most recent announcements of PayPal, Bitcoin has given the great support to solve the problems of banking. The future of Bitcoin looks bright because more people will benefit from its use and massive adoption will follow. We are privileged to use Bitcoin and crypto for our daily needs and now we can confidently share the knowledge with others.
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