I have done various things in the real world but have not had the opportunity to get them, if you ask about my efforts of course I have done everything I can but still luck is needed and now I'm trying to increase my portion from the other side one of them is through crypto. I started it again hoping to get something from 2 different sides of real life and crypto let's see what we can get in the next 1 to 2 years.
I am delighted to learn that you have been consistently exploring different avenues to improve your Finanancial situation and appreciate your approach to combining efforts both in real world and world of crypto currencies. I am optimistic that one day fortune will eventually knock at your door. Luck tends to favors those who never give up and continue their struggle until they achieve their goals. |
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The degree you want, the career you want, and the business you dream to have won't come easy. I'm of the notion that life doesn't want you to succeed. If you run away from every obstacle then you will never achieve your goal
Life was never meant to be easy agreed, especially if we go by the theory of Natural Selection that says only the strong shall survive which is unfortunate for many...but then again the rules of survival when it comes to us humans seems to have changed as you can easily inherent wealth from family that can put you in a better position than you were..but if this isn't available to you work hard to give yourself a serving chance.
While, It is fundamental concept of biology that only the fittest survives and reproduces, however, when it comes to human society, we have developed systems and structures that mitigate harshness of natural selection. A large number of societies developed safety nets, social programs, and opportunities are provided for unprivileged individuals. Inheritance of wealth is a good example of how wealth is unevenly distributed, but it is not the only factor at play. I believe that hard work, access to education, and resources can also significantly impact one's chances of success. |
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The life of everyone will be easy if they become thankful for what they have because its reality that there is no body who achieved every desire in life. Some people thinks that other is happy because they have lots of money but they don't know that having lots of money does not magnify your happiness.
We should not always follow others but should make our lives as everyone desires to have life like this. Same thing people do with trading as they don't know anything but follow others because they become rich due to trading but one thing is important here that success is for those who are talented in that field. May be you are not good in trading but good in business so always select that field in which you are knowledgeable and you have command on that things so you will be successful.
You have made some very interesting points about gratitude, individual paths and choosing the right path according to your strengths and knowledge. It is true that gratitude can significantly improve out our perspective of life. Being thankful and feeling happy to what we have achieved in life can help us to mitigate desire for more. It is important to acknowledge that we can never achieve all our desire in life and happiness is not tied to material wealth. Happiness is an emotion that originates from within us, often sparked by the act of providing support to those who are in dire need of our assistance. |
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In principle, you're right. Renewable energy - despite its vigorous promotion - is unlikely to beat conventional means of generating energy. The market monopolists simply won't let it happen. Yes, some part of the market is quite possible, but not the whole energy market
Your perspective is certainly valid, when we take into account the significant impact of vested interests on government policies, However, when we broaden our perspective to encompass the challenges of global warning, climate change, rising cost of energy worldwide and growing public support for environmental protection, there is a reason for optimism. Clearly, it becomes evident that renewable energy has the potential to eventually surpass conventual means of energy generation, particularly those reliant on fossil fuels, which are most harmful to the environment. |
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Who's still not aware with such pattern?
There are so many influencers out there already create videos about Bitcoin ATH will happen in 2025, it's not mean I trust their words, but it's a sign such pattern is obvious. What if the bull run happen next 2 years after? no one know, but the highest possibility is a year after halving.
You are correct in being cautious when it comes to predicting future price of Bitcoin or its all time high (ATH) as well as market trend. The idea that ATH tends to occur in a year following a Bitcoin halving event may appear probable based on historical trends, but there is no guarantee as Bitcoin always surprises us with unpredicted moves, which is its inherent nature. I believe the condition of the global economy in 2024 will play crucial role in determining the timing of Bitcoin's all time high (ATH) event. |
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I have some Thai acquaintances, the situation in Thailand currently, is not crypto friendly. Is This a crazy policy? They already pay taxes on their income, there is no need to do it twice. What do you think will be the response to this news? I mean, let's say you're a foreigner in Thailand, let's say you have income in America does that upset you?
I think taxing the foreign income earned by overseas Thai workers can have negative impact on their official remittance inflow of foreign exchange and can lead to reduction in foreign exchange income of government, as overseas workers may opt to unofficial channels to send money to their families. However, it is likely a step of the current government to increase their tax revenue to reduce their budget deficit. Regarding the unfriendly stance towards cryptocurrencies, it might be a cautious approach of the government to avoid frauds, money laundering and financial stability. A more effective approach could be to regulate crypto currencies to protect the consumers and financial system. |
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Custody service with the use of the bitcoin is quite risky with their organization I guess we know how does the market is volatile or else they have another plan with the bitcoin they hold like for trades or lending so they can earn back all of those possible lose, and also if these services have a lock period sure they will offer something to the holders like having a reward, an increase of APY and etc. but as a user you will lock their funds with this service is not good I guess they don't have the full authority to their coin and possible market crash might lessen the value of their asset.
Your concerns regarding custody services that involve the use of Bitcoin or other crypto cryptocurrencies due to their nature of high level of volatility, are indeed valid. However, in order to mitigate this risk, banks may employ many strategies including lending Bitcoin on reasonable interest rates, as you mentioned in your post. However, introducing locking period when users can't access their funds, can be problematic, especially in case user requires immediate access for emergencies. It is important to bear in mind that custody services primarily cater to large individual investors or entities who invest with long term perspective, often awaiting Bitcoin halving events when it traditionally delivers exceptional results. |
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That's good news for the BTC and the whole crypto industry. No doubt, this does not directly put impact on the BTC's reputation but indirectly it does. Like, for the mass adoption of the BTC first digital currency must be accepted by the traditionally minded peoples. Who still sticks to traditional finance? Steps like these will promote the digital currency and people will get to know about them. Then trust will be built in their minds. And at last, they will get to know more about BTC.
And I hope once they know more about BTC they will definitely accept its decentralization factor and ignore the services being provided by the centralized authorities like these banks. Because there are basically 2 types of people. One who, doesn't want to use any centralized platform along with a decentralized one means they don't want to link their personal life with the crypto finance life. And then there are 2nd type of people who don't care about it. They openly used CEXs and DEXs and openly performed KYC and connected their personal life with the crypto sphere.
Besides all that, this news is still good news and it will definitely bring more audience and acceptance in BTC (digital currency) and it will ultimately increase its demand.
Indeed, involvement of the prominent financial institution like Deutsche bank is a very encouraging development and reflects the increasing demand of Bitcoin within European continent. This advancement can potentially pave the way for widespread acceptance of Bitcoin within Western countries where infrastructure is robust and know how about Bitcoin and its technology is more advance. However, the growing involvement of banks and issuance of Bitcoin ETFs may pose challenges to fundamental principle of decentralization. |
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Not all economist carry the same view and opinions on how to go about making positive changes in the economy and while they could recommend policies, they actually can’t implement them.
You wouldn’t fault just the economist for failing to contribute sufficiently to curb economic problems in a country and the world at large.
In a country, Representatives in government are the ones who votes on new policies being put forward and they tend to vote more on policies that would put more money in their pockets and that of their already wealthy donors thus constantly increasing the gap between the rich and the poor.
It is true that Reed's frustration with economists and their inability to effectively prevent economic crisis is a sentiment shared by many but not all of them agree with his perspective. it is important to understand that every field of science has its limitations and challenges. One of the primary reasons economists often struggle to predict and prevent economic crisis is the complexities of economic systems. As far as narrowing gap between rich and poor is concerned, in my opinion, the most effective approach nvolves education and skill development, which can be put into action by governments with the required political commitment. |
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Is there any government that is like that though? As far as I know, some governments who use renewable energy only supplies it in limited amount. At least in developing countries. I might be wrong but I remember reading news about how some miners are blocked by electricity companies even though they use wind to generate energy due to how demanding it is.
I guess miners who have the capital would rather build their own electricity supply instead of relying on government/centralized electricity companies that prioritize regular customers. Some miners might be able to claim that their activity is similar to other businesses, but then their profit might be affected too since their rates can be higher than the norm. CMIIW.
You are accurate in pointing out that governments in most of the developing countries have limited sources of renewable energy and their major reliance is on electricity generated by fossil material like furnace oil, liquefied petroleum gas (LPG) and electricity generated from major water dams. While, in contrast general public in many of these countries including my own, increasingly adopting solar energy system to reduce their energy expenses. Therefore, obviously, crypto currencies miners will prefer to build their own sources of renewable energy to keep their operational cost minimum and maximize profitability. |
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Bitcoin does not need Elon Musk. He should fuck off.
Elon Musk only manipulated for people to leave bitcoin for doge. That man will not accept bitcoin for anything, his mission is doge.
After he stopped payment for bitcoin, bitcoin still later increased and got to all-time-high.
I share the viewpoint that Elon Musk's involvement in crypto industry didn't make any substantial contribution for promotion and adoption of Bitcoin, instead, it seems he leveraged both popularity of Bitcoin and his own influential position to manipulate the price of Bitcoin for his personnel gains. However, the idea of using clean energy in Bitcoin mining is a promising development that aims to reduce the environmental impact of cryptocurrencies mining. |
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How you can be so sure that there won't be any liquidity challenges, as I said their global standardization in the tokenized assets is very difficult to achieve so due to the lack of standardization there will be lower acceptability, and it is a direct indication there will be the liquidity crisis in specific tokenization. In the room of tokenization development, there are many factors involved and Liquidity holds a decent worth. Also, I totally forgot to mention how can you bring the trader if liquidity is not the concern in the tokenization of art.
The point you've mentioned for the liquidity support also requires acceptability and standardization close to the venture capitalists and early investors/shareholders whatever you like to call it.
Your point regarding liquidity in the context of standardizing tokenized assets is valid, particularly about the art world where tokenization is relatively new. However, it is noteworthy that crypto industry has made significant progress in this regard and has established key standards like ERC-20, ERC-721 and ERC-1155 for tokens and NFTs. To summarize, achieving complete standardization of tokenized assets remains a formidable challenge, there are ongoing efforts to set up industry norms, regulatory structure and optimal approaches to address this challenge effectively.. |
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Yeah, they should plan for 10 to 20 years of adoption. For the time being, they could have accumulated more bitcoin slowly, taken some necessary steps to adapt bitcoin in their society, and spread awareness. The technology bitcoin uses is relatively new, so CAR could work with them to educate their people about security concerns and take steps to mitigate them. They could develop some regulations to protect their consumers from scams and other fraud activity, or they could help the public agencies investigate these matters to help the law and enforcement agencies. CAR could work with the private sector to develop bitcoin-centric businesses and services to create more jobs. There was potential for an economic boost for that nation, but it seems they failed to take it.
Certainly, as you pointed out, it would have been effective and efficient approach prior to Bitcoin adoption to continue accumulating Bitcoin by utilizing Dollar Cost Averaging (DCA) strategy for extended period of time. Capitalizing on every price downturn whenever they occur. Simultaneously taking initiatives to educate the people about Bitcoin technology and expansion of infrastructure, like increasing internet accessibility nationwide. Indeed, we as Bitcoin enthusiasts appreciate the courage of African nations for taking bold step of Bitcoin adoption. Nevertheless, it is important to undertake essential preparations to avoid any unpleasant outcome from such decision. |
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indeed, tokenization has the potential to usher significant transformation in the global economy by introducing new ways to trade and manage assets. It is a method to convert real world assets, such as real-estate, stock, art and even intellectual property, into digital tokens. These tokens have the capacity to enhance liquidity by enabling widespread fractional ownership across the world by utilizing block chain technology.
Nevertheless, it is noteworthy that the concept is in early stages of development, and continuously evolving. Consequently, despite its advantages mentioned above, it confronts regulatory and security hurdles that need to be addressed for widespread adoption of this emerging technology.
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Honestly if you have BTC congrats !!! We are heading into a major economic shift and I feel like when the tides are turning like this there should be a conscious effort to land on the right side of that shift!!! Am I right? What should bitcoiners be doing right now to prepare for a potential global economic hardship other than the obvious which is to hodl and accumulate as much as you can...
In the event of global economic collapse, it would indeed have far-reaching and extensive effects for individuals, businesses and governments around the world. In response to such a dire situation, people will have to adapt to the new economic realities and take actions according to their circumstances. It would be prudent strategy to start purchasing/accumulating Bitcoin on regular basis right from now, from our monthly savings, so that this investment could potentially serve as a financial lifeline during the period of economic turmoil. |
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Sometimes we imagine some mystery of life as we are still living, have you asked yourself of your cryptocurrency investment profit and lost way about if you live by ghost, again have you asked the mystery that behind your investment when it occurs to be profiting, right now I'm thinking to myself and my investment and if only investment I have is bitcoin and when I'm no more who will manage my bitcoin investment and how will my family know about my bitcoin investment. I was ill for some days and I asked myself a two questions base on my only investment bitcoin, the questions are.
1) since I'm ill should I show my family my seed phrase
2) if I die who will take over my bitcoin since nobody in my family knows my seed phrase.
So I was asking myself different questions because I have no wife and no child, then I began to think and be questioning myself if it will be good to at least tell one person in my family my seed phrase or should I keep having the perso secret of my seed phrase personal or should I keep my bitcoin document on my wardrobe were they can easily see my seed phrase, that time I was of full of thinking, thank God I recover fully from the illness before i return to forum...no sympathy
I am glad to hear that you have recovered from illness. The question about management of personnel asset including digitals ones like Bitcoin is well understandable. It is crucial to exercise caution when considering sharing your wallets seed phrase, and any one access to it can potentially take control of your Bitcoin holdings. I would strongly recommend discussing your decision with your legal or financial advisor who can surely help you to make an informed decision based on your specific circumstances and laws and regulations in the country of your residence. In summary, safeguarding the security of digital assets holding is of utmost importance and consider consulting with your legal advisor to develop a comprehensive plan that aligns with your wishes and ensure protection of your investments. |
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So i've been a trader since early 2017 and i have never seen such low volatility in market. Even at the time of 2018 bear run the things were quite slow but this time its totally different. It makes a move and consolidates for like a month or two now. Which was never the case in past.
Its possible that only i feel like that and other people still see it like the normal bitcoin trend. But there was fun every week in crypto before.
What do you guys think ?? Is it just me or some of you others feel the same??
And if it is like that then what do you all think when the wild ride start again like old days ??
Certainly, We all have witnessed decline in volatility within crypto currencies market, in particular when it comes to Bitcoin, which typically has a reputation for its extreme price swings. This decrease in price fluctuation can be explained by a variety of factors. One main contribution factor could be involvement of financial institutions that has brought sense of maturity to the crypto currencies space. Additionally, regulatory bodies like SEC have also contributed to more stable environment. Furthermore, the prevailing market sentiment that seems to favor price consolidation, and external factors. such as the current condition of global economy can also exert influence on this trend. |
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Human Capital are people that make up a company workforce. So choosing people with higher human capital simply means more beneficial for a company. This is also the reason why many companies are spending lots of funds to give training to their employees. Through it was stated that these training expenditures may temporarily decrease the company funds, the company will surely benefits from it since the investment will allow the employee to do their task efficiently thus delivering more profit to the company.
So for any investors that are aspiring to put up their company own company, one should consider learning about Human Capital because it will really lead a company to success if one manage it successfully.
You have highlighted a crucial factor that can determine the success or downfall of any company, and that is the strength of its human capital. Investors and management of the companies should emphasize on hiring right person for the right job, providing ongoing training and development and create a culture that values and nurtures the human capital. It can become a driving force behind a company's success and growth, when managed effectively. |
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Another thing in regards to position size, maybe it is the case that they are ONLY able to really put 1% to 5% of their countries investment portfolio into bitcoin kinds of building, and maybe their country is in such a disarray that they might not even be in a position to put more than 1% of their investment portfolio into bitcoin or bitcoin-related (bitcoin-focused) projects because they have to deal with getting their own house in order prior to being more aggressive in their bitcoin approach (so that they don't devolve into gambling and/or overdoing it), and so they need to assess their own situation in order to make sure that their position size does not end up contributing to their getting taken out of the bitcoin game (investment) because they had overdone it rather than being able to stick through the rough times, as you already pointed out, @slapper.
You have pointed out a reasonable factor that could have influenced the CAR government choice to discontinue Bitcoin usage. Additionally, It is possible that CAR government were unable to readjust their position of Bitcoin holding due to financial limitations. Additionally, the presence of inadequate infrastructure and lack of Bitcoin education also likely played substantial roles. Considering that only 10% of the country's population has internet access and relatively low level of social media engagement, a vital platform for spreading awareness about Bitcoin. It is important to recognize that, despite the challenges, African nations represent most fertile grounds for Bitcoin initiation and advancement. https://finserving.com/cryptocurrency/why-did-bitcoin-as-legal-tender-fail-in-central-african-republic |
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If the global economy collapses then putting the money on bitcoin will be a best choice Because bitcoin is not same like fiat money. Since Bitcoin cannot be controlled by any country's government and its supply is limited, if there is a global economic problem, many people will jump on Bitcoin and because of this, the price of Bitcoin will increase even more. so then it would be a good idea to choose Bitcoin. It's not just bad times in the global economy that people are slowly becoming more attracted to Bitcoin.
Your advice to accumulate Bitcoin if the global economy collapses is a good idea, however it is important to recognize that the central banks all over the world have taken numerous proactive measures to avert any future economic meltdown like the one happened in 2008. As a result like-hood of similar crisis occurring again appears to be significantly reduced, although it can not be completely ruled out. In case such a scenario plays out, it can trigger extensive selling across all risky assets including Bitcoin. In such a situation, there would be an opportunity to accumulate Bitcoin to effectively lower average cost of our investment in Bitcoin, and make significant gains when market conditions eventually improve. |
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