Bitcoin is indeed decentralized, anonymous and those who own it are financially free, but at this time there are still many countries that have not allowed bitcoin to be fully legal, let alone to be used as a means of payment, it seems that it is still far from being able to happen throughout the world. Even though there are countries that use bitcoin as a means of payment, such as El Salvador. But still, that's only one country, there are still very many countries that have not been able to fully accept bitcoin.

And thus, bitcoiners must still follow the rules made by their respective countries, even though it is against the philosophy of bitcoin. But it is still an obligation that must be carried out by its citizens. such as using legal money in the country, and other rules.

maybe that's the factor that makes bitcoiners still use fiat money, a centralized system and other rules.

I understand and understand what you are trying to convey in your post, because I also felt the same way when I first got to know bitcoin. I got to know bitcoin, at the end of 2021, at that time I knew bitcoin from my brother and from my neighbors. Because at that time I often gathered with them, I happened to be unemployed at that time, due to Covid 19. At that time I was very short of money, I just survived and tried to save money with the remaining savings. once upon a time my friends and sister offered something interesting, namely about bitcoin. At that time I asked them a lot, what is bitcoin, and what is it used for. It turned out that without me knowing, my friend and brother had been investing in bitcoin for quite a long time. And the two of them at that time could already be considered successful, at first I thought that success was purely from their usual work, even though most of the results came from investing in bitcoin.

After that incident, I started researching bitcoin myself, I learned from the basics about bitcoin / crypto, about two months more. After I quite understand how it works, I have a problem, namely capital. When I was confused, whether to continue, or stop because I had no capital. But I decided to continue, until I found this forum, but I wasn't registered at that time, after that I started working again, and got another monthly salary. if I'm not mistaken, my salary at that time was around $110 in dollars, and from that money I started buying bitcoins, not much, once a month I set aside my money in dollars, around $30. And the habit is still running today, I continue to buy bitcoins, even with that much money.

In my personal opinion, bitcoin has very complex positive benefits, not only for people who invest in bitcoin, but the government also indirectly gets carried away by these benefits. Even though the benefits that the government gets are not as many as the benefits that bitcoin investors get, still, even though it's a little, it's still a positive benefit from bitcoin. A simple example is that many people are helped financially, because they invest in bitcoin. Indirectly, with the presence of bitcoin in some communities, many economic strata of society have changed for the better. Especially people who buy or get bitcoin prizes, at the time when bitcoin was cheap, today the economic situation is very much different from before, which was a bit less well off, now the economic situation is middle to upper, even rich people, and that's all the result from bitcoins. With so many people being helped financially through bitcoin, the poverty rate in the country is at least somewhat reduced. And I think things like that are very helpful to the government, because indirectly, the poverty rate is reduced, even though reducing or eliminating poverty in a country, that is the right and responsibility of the government.

Gold is indeed a very promising investment asset, because it has been proven a long time ago. Everyone already knows what gold is, whether it's the upper class, the middle class, and the lower class. So it's no wonder, gold is trusted by many people, to be used as an asset for the future. With the many uses of gold, and with a very stable price, gold is very popular among all people. So it's no wonder that India has started stockpiling so much gold, because the potential of gold is clear in the future.

And when it comes to the price of gold from year to year, in my opinion, it always has a not too big increase, but has good consistency in its increase, in essence, gold has a steady increase every year.

2022

2023

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Source
• www.bareksa.com/berita/emas/2023-01-02/harga-emas-2022-melonjak-9-kalakan-ihsg-prediksi-2023-makin-moncer/amp#bsht=CgRmYnNtEgQIAzAC
• https://www.google.com/amp/s/amp.kontan.co.id/news/krisis-perbankan-dunia-harga-emas-bisa-makin-naik-di-tahun-2023

Everyone must have a different mentality and courage, it all depends on the nature that is present from birth or because the mentality is trained. Likewise, when it comes to investing, people's characters will always be different, there are people who are very brave, there are people who are mediocre, and there are also people who are cowardly. There is nothing wrong with all of these people's characters when investing, depending on their habits and how far the person is willing to take risks. Now you start investing with your savings of 80%, for me to spend that much savings to invest, really doesn't match my habits and thoughts. Because suppose a loss hits, it will be difficult to turn things around, because the savings are only 20% left. Personally, I like to make investments using savings of 50%. Because in my opinion, investing using savings of 50% is at a safe and neutral point.

And as for the question of whether or not taking risks is necessary, from my personal experience, sometimes taking risks is necessary. Because sometimes there is a time that forces us to dare to choose and take risks.

What can be done, Sri Lanka will definitely use any means to be able to pay off its country's debt as soon as possible. Because it has unpaid debts to China

Source : www.cnbcindonesia.com/news/20220731182355-4-359962/derita-sri-lanka-utang-luar-negeri-rp760-t-pdb-7-di-2022/amp

Therefore, the new Sri Lankan government will definitely do various ways to make Sri Lanka bounce back from a very bad economic situation. Now Sri Lanka already has a new president, whose name is Ranil Wickremesinghe, who knows what kind of plans he will do, everything is not visible now. But it looks like the current president will be better and more convincing than the previous president, who fled. But the current president, of course, has to work extra hard, considering that the problems that the country has in Sri Lanka are enormous, it will definitely take quite a long time to clean up all the mess.

Now everyone is aware of it, that there really is something wrong in the government of the country or the world. If the existing government were fair and not greedy, surely all people would be better off and more prosperous. But the current government is very far from such expectations, most of them also have no intention of advancing their citizens, but only want to enrich themselves. To be honest, in my country, there are still many government officials who are caught doing corruption, and this is very detrimental to many parties.

And by looking at the number of cases like that, I can draw conclusions. Why is the wealth in this world unequal? maybe one of the strong factors is the number of people who are given authority, but abuse this authority to enrich themselves. And the rest of the wealth that exists in the world may be in businessmen, and ultimately in ordinary people.

So in my opinion the core of the problem lies with the government, the government must be able to change their bad attitude, and must care for their fellow human beings.

This is just my personal opinion, which I take from observations in the country where I live. I don't know much about other countries, but I hope the governments will be honest and trustworthy in carrying out their duties.

If you act like that, you will most likely have difficulty paying off your debts, especially the debts you have with the bank, for the debts you owe your uncle, that is lighter, because they are your relatives, and there are no monthly installments. . But it's different from the debt that you have to the bank, with predetermined interest, you are also definitely required to pay monthly installments, and there shouldn't be any arrears. If you are in arrears for more than three months, it is certain that the bank will confiscate your goods, which you used as collateral.

How many posts have there been, how many hundreds of people have discussed in this forum, that you should never invest in bitcoin/crypto, using money from loans, especially from banks. because all of that has a very big risk, so don't ever force it let alone borrow to invest.

And in essence you have to look at what has happened to many people, about what they have experienced as a result of borrowing from banks. Just a little at a time, don't be too hasty, to invest or buy bitcoin. Just make it a lesson for the future.

I want bitcoin to always be there at any time, because bitcoin has had a positive impact on my economic situation, with bitcoin, so many people have been helped, especially in terms of finance. So don't get rid of bitcoin, because I'm sure that bitcoin will bring positive changes to the world economy. Don't let bitcoin's current journey stop in the middle of the road.

And maybe out there there are still a lot of people who feel at a loss after buying bitcoin, I also don't know about things like this, whether it's really a loss because of bitcoin, or because of carelessness in trading.
Because in my experience investing in bitcoin, if we are careful,
learn first before investing, and do a thorough analysis. I'm sure I'll never experience a loss.

Maybe the people who suffered the loss were just unlucky and not careful enough. So I hope, they can get a big profit from bitcoin in the future.

More or less there will definitely be an impact of changes that occur in the financial system or the central bank, which is the result of the creation of this digital money. But most importantly, if the bank doesn't want to be left behind, the bank must follow current trends and currents, because that way it will make it easier for the bank to continue to exist and not sink.

Source: https://www.cnbcindonesia.com/market/20210504092224-17-242916/apa-Jadi-uang-kripto-threat-for-bank-sentral-di-dunia

Investigating and researching like that is indeed a must for the bank to do, because if it doesn't do that, the central bank will diminish in prestige. So making changes is indeed very important, to balance it with the current trend. The point is you don't need to think about what impact will occur from the creation of this digital money, because I am sure, parties such as central banks will also not remain silent, and will issue their latest innovations.

Holding crypto/bitcoin assets for a very long time is not an easy matter. Many people are tempted by a small increase, then sell it. After selling it they regret it, because it turns out the market continues to increase. So it's true, investing in the long term, you have to be really unanimous, your determination must be strong, your calculations must be mature, you must be mentally strong and don't forget that investing in crypto/bitcoin for the long term, you must have a steady job, with monthly salaries. Because if you only rely on investing in crypto/bitcoin, you are afraid that before the target price has not arrived, all the assets have been sold, it is still better if you sell when the market is rising and you will have a profit, but what if the reason you are selling these assets is because there is an urgent need, something like that is very inconvenient. So when you are going to invest, the point is that you have to have a steady job, that's for provision, while waiting for assets to experience a high increase, so you can be more calm in investing.

If you think about it logically, something like that is not possible for bitcoin. Because as long as I buy bitcoins until now, I have never heard of someone mysteriously losing bitcoins, without a trace. So I don't really believe it, let alone look at the security implemented in these existing wallets, all of them have very strong security, and it looks like it will be very difficult, even for great hackers.

If the price goes to zero, it's still reasonable. Because only its value decreases and disappears. But this also does not apply to bitcoin, the decentralization that is applied to bitcoin means that no one can play with the price. So in conclusion, bitcoin disappears suddenly, whether it's in terms of price or bitcoin itself, it's very unlikely.

In my country all of that can be obtained at a cheaper price.
In my country, a large piece of medium-quality bread costs $ 1 dollar, while 2 kilograms of chicken here is only $ 3.67 dollars, one liter of whole milk is $ 1.5 dollars, and if the price of fruit varies for each type, I will take an example. apples, grapes and oranges.
The price of oranges is now around $ 1.33 dollars per kilo, while the price of grapes is now around $ 4.00 per kilo, and for the price of apples, it is around $ 3.20 dollars per kilo. So if you bring $ 50 dollars, you can buy quite a lot of chicken, fruit, bread and milk.

So in the country where I live, inflation has existed and will always be, but the impact is not as bad as in other countries. This is what I am proud of from my country, even though basic needs have increased, but it is always accompanied by a salary increase, so everything remains safe and under control.

Many factors have influenced the progress of the United States to become a very developed country in the world, moreover America has a large landmass, certainly saves many things and one of them.
Abundant natural resources America can progress as it is today cannot be separated from the so-called natural resources, because I believe the biggest key behind the progress of the United States is abundant natural resources. Because with abundant natural resources, industry will also directly experience progress. With abundant natural resources, America is rich in coal, gold, oil, iron ore and tin.

America has a smart and productive Society,
making all of the many natural resources that can be processed and can make the United States economy continue to rise to the top of the world.

The conclusion is that in my opinion America can become a developed country that has lasted a very long time until now, due to its abundant natural resources, and being able to use them very well.

This news does not mean that the dollar has been defeated, but that there are several countries that have changed their currency dependence from the dollar to another currency, namely the yuan.
and not all people and countries have switched from the dollar, only a few countries have joined to choose the yuan currency, and the country is
• Russia
• Brazilian
• India
• Kazakhstan
• Pakistan
• Laos

With big news like that, surely it will spread faster in all media, especially when it relates to the United States, China, Russia, and even India. Surely this news will make a hot conversation in every country.
Yesterday afternoon I was still watching the news about this on TV, meaning this news is still hotly discussed.

In essence, everyone who works hard, from morning to night, who invests, who trades, everything is none other than to fill the stomach. Because if the stomach growls, the mind will become dull, the energy will decrease, and certainly there will be no enthusiasm to do anything. So indeed, eating must be prioritized, so that it is safer and more comfortable when carrying out any activity.

Investing in potential assets should not be missed, because these assets will be more helpful when receiving profits in the future. But don't let it, when you have mediocre funds, expenses for food, and for everyday life, are used to invest. Don't do things like that, because a decision like that is not the right thing, what do you want to eat? indeed your assets have good potential, but (for example) one more year it will just be liquid and receive profits. Decisions like this should not be done, because it endangers your survival, in terms of finances.

You must prioritize basic needs before designing a business or investment.

In my personal opinion, the government will definitely be more tolerant and will not punish if Satoshi Nakamoto is found (for example), because Satoshi Nakamoto does not have any faults, even satoshi can be said to be a savior for many people, because it has found bitcoin which is very popular at the time. This. So of course the government will also really appreciate the discovery and knowledge, although for sure, not all governments in all countries will agree and support it, but I'm sure the majority of countries will support it. So in my opinion, if Satoshi Nakamoto is found, it won't have too serious an impact let alone be labeled a criminal by the government.

but in my opinion, what is more feared and must be watched out for is not from the government, but from certain parties who intend to rob or force satoshis for their personal gain. So indeed Satoshi's decision to remain anonymous is the right decision, because if Satoshi had revealed his identity from the beginning, I'm sure the path to bitcoin would have been a little different.

For an initial step of $ 30 it is also good enough to invest in bitcoin, because investing in bitcoin in the early days what is more important is to gain experience and knowledge first, and for profit it is secondary.
In investing in bitcoin, I suggest you don't have big ambitions first, because that can mess up your concentration in thinking clearly. You can be ambitious, but just enough, just to get excited.
if you want to invest in bitcoin, don't wait to get rich first, but invest what you can afford, so you can feel what it's like to invest from the lowest point to the highest point.

And later all of that will be a very valuable lesson in your bitcoin investment journey. Don't feel like you won't succeed, just because of small capital, keep the spirit and don't give up.

If I'm not mistaken and haven't forgotten, I've read posts with almost the same topic as this more than twice. Maybe now many people have the same case.

Giving advice to your friends about bitcoin is indeed a very wise thing, especially if you give advice while teaching what bitcoin is and how it works, surely it will be more perfect. But the problem is, do you want the friend you gave the advice to follow your advice and buy bitcoin? the answer must be between participating and not participating.
Those who agree to accept advice about bitcoin need not be discussed and questioned again. But the problem is people who don't want to take your advice, but you still force them to continue investing in bitcoin.

My advice, if you have told your friends about what bitcoin is, the benefits of bitcoin, and the potential for bitcoin. But your friend still doesn't want to, it's better not to force it. Because if you force it, you are afraid that there will be risks that you will have to face in the future.
For example, what if your friend invests in bitcoin, and (for example) suffers a loss, (because of being deceived, or because the market goes bankrupt and the bitcoins are not returned), I'm sure you will be affected by your friends, because you are the one who told them about bitcoin .

So basically, don't ever force your opinion on other people, even if the opinion you have is indeed good.

Indeed, at this time the price of bitcoin has soared, the price is very different from the price of bitcoin in the past ten years. If you think at a glance, it really feels like it will be difficult to make big profits, like you can get when you buy bitcoin at a low price first. Because now for most people buying one bitcoin is not an easy matter, it takes a sizable fund to be able to get it. Maybe that's why beginners think twice about buying bitcoins, and decide to buy high-risk altcoins.

But in my personal opinion, there's no such thing as too late if you want to buy bitcoin, because actually it's not the person who is late to buy bitcoin at an expensive price, but the person who is late is someone who doesn't buy bitcoin at all. Because all bitcoin investors also know, that bitcoin is an asset full of good potential in the future, even the current bitcoin price has not yet reached its highest price. So it can be said that the current bitcoin price will continue to rise again.