The devaluation of currency can be caused by inflation. When the price of goods keeps increasing money will also lose its purchasing power. An example is the case of Zimbabwe in 2006 where a loaf of bread cost about Z$550,000 which was just 1 dollar. But devaluation can also be an economic strategy to promote local consumption of goods and exports. Locally produced goods will be cheaper which means people will prefer it to expensive imported goods. Currency devaluation will make the country's goods cheaper in the international market which will attract more trade partnerships.

But there are also dangers of devaluation especially if the country relies on other countries for importation of raw materials. This will make raw materials more expensive and locally produced goods may no longer be cheaper. Devaluation is a good economic policy that has worked for countries like China but it can cause harm to other countries, especially to countries that depend on others for raw materials and human resources.

You don't have to compare yourself with anyone else this is because we are not in the same country or earn the same amount. Buying Bitcoin is not a competition and I am not sure that everybody in this forum owns bitcoin. People might be here to learn bitcoin because they want to invest in it in the future. You have to focus on earning more through legal means and save as much money as you can. I will also suggest that you don't push yourself too much to buy Bitcoin because the coin will always be available for you to buy. Nobody can predict the price of Bitcoin in the future so you may not get the answer to your question but the price of Bitcoin will certainly keep increasing.

I am not a trader, so I don't care much about crypto news because most of them only spread FUD. Every long-term investor is more concerned about his investment strategies, hence it will be better not to make decisions based on the actions of the SEC and others.

I didn't clearly understand your idea on diversification but I would prefer to diversify my investment to areas outside the crypto industry. This is because altcoins are not trustworthy like Bitcoin. Some persons are fortunate to have gained from investing in altcoins but many people have lost fortunes.

I don't trade so I keep my head straight avoiding the noise of the SEC and unfriendly government because I have confidence that Bitcoin will overcome all these setbacks.

Most gamblers engage in gambling for entertainment and money. Those who are addicted to gambling because of the fun they derive from it will find these Social Tournaments very helpful. But gamblers that target profit-making will need more than these free games to break free from addiction. Their motivation for gambling is to make a profit so they will not be thrilled by such a substitute.

Alternatively, such games can introduce nongamers to gambling. Since some of the games are similar to real gambling, nongamblers can decide to apply their acquired skills or experience from these dummy games to real gambling. But if gamers can control their gambling drive, Socialtournaments are a valid medium to reduce gambling addiction.

Freedom and decentralization come with a lot of responsibility. But it will be better to have control over my investment than to put it in the hands of people I don't know. The risk of keeping my wallet safe is lesser than putting it in the control of people like Sam Bankman-Fried.

There are some threads in which the OP gives stories of how they spoke to people about Bitcoin and they immediately bought the idea and invested in the sector because of profit-making. I think these teachings are incomplete without security knowledge. If you teach people about making money and don't teach them how to protect their investments, you may have just shown them how to lose their money cheaply.

That thread is a compendium of relevant materials that everyone should read. It has information on many aspects of security and the good part about it is that it is updated monthly.

Higher pay: When a campaign comes up with a higher pay rate members prefer to move to such a campaign for more money.

Change of campaign rule: When the rules of the campaign change, it might not suit some members. Some campaigns can decide to remove or add some boards to their campaign posts which some members might not be comfortable with

Longevity of the campaign: Some members might decide to leave a high-paying campaign to a lesser one because they believe that the low-paying one will last longer. Some members cherish longtime campaigns rather than high-paying ones.

Change in ideology: Change is what is constant in life, a member might have changed his ideology or perception about a service. I have seen some persons who feel gambling is immoral but later change their thinking because they gained more knowledge.

You will always get this reaction from the community when you create common topics that have been discussed severally. If you are not new in the crypto industry then you have to write on novel topics that have not been over-discussed in this forum. At this stage, it will be better to keep learning before considering starting a thread. Another key characteristic that will help you learn more is to accept corrections without offense. Many newbies left the forum because they were not teachable.

I understand your concern because even common commodities like farm products such as corn and wheat have limited supply in a given period. The infinite supply of Ethereum might be a challenge in categorizing it as a commodity. However, the issue of grouping cryptocurrencies as securities or commodities is a complicated one that goes beyond the limited or unlimited supply. It has always been a subject of litigation over these years. This is because other characteristics of commodities such as uniformity and fungibility are also considered. Just like how agencies and intentional organization regulates the supply of some commodities it is also possible that the Futures Trading Commission (CFTC) will place restrictions on the supply of Ethereum.

I am not an advocate of Ethereum and don't even own a wei and I believe that Bitcoin is a perfect example of a commodity because it has all the characteristics.

Over the years there have been several court judgments giving conflicting judgments about crypto regulations. But we all know that China is not a democratic nation so these these court judgments are just academic exercises, they will hardly be implemented. China's economy is going through a lot of problems, maybe the government wants to set its stance on Bitcoin and others. Reversing the ban on cryptocurrencies can be a good economic strategy to attract investors back to China.

We just have to wait if this court judgment will change the stance of the Chinese government. A slight favorable change in China's policy on Bitcoin will affect the crypto market positively.

It was indeed a landmark judgment that gave birth to two important precedents. The first precedent is that decentralized platforms like Uniswap will not be held accountable for tokens issued and traded on their protocol. Rather the issuers of such scam tokens should be traced and held responsible for the scam token that made investors lose money. Secondly classifying Ethereum as a commodity removes its regulation from the Securities and Exchange Commission (SEC) and puts the coin under the supervision of the Commodity Futures Trading Commission (CFTC) just like Bitcoin.

Chelsea spent close to £600m last season and the impact was not felt they ended the season in one of the worst positions that made them lose out from all European competition. The club is already facing some backlash for their recent performance but it is just too early to start judging the impact of their new signings. If it is quality players, the club has them but it needs to show in the performance of the club.

I don't like Pochettino's coaching style. He likes buying already-established players. I will not be wrong if I assume that he depends on big names to win trophies. I am more comfortable with coaches that build young players. Coaches that groom unknown players to superstars are the best in the world.

You are welcome to the forum.
If you have in mind to learn about Bitcoin and other cryptocurrencies you are on the right forum. You have to avoid plagiarism and the use of of chatbot in making your post. Ignorance is not an excuse for breaking the law, that is why you have to read the rules of the forum. I will also suggest that you spend time reading different topics in the forum and observing how things are done here before you start posting. This will help you to contribute to the forum in the future. You should also be willing to learn from others and, therefore be willing to accept and learn from constructive criticism. How far you will grow in this forum will be determined by how committed you are to learning and contributing positively to the forum.

Fundraising through crypto tokens can attract up to 10 years of jail term and penalties has high as 500,000 yuan ($79,000) in China. If using Bitcoin is illegal and attracts certain sanctions, I think many people will not be willing to bear the risk. In my country, Bitcoin is not banned but the restriction placed on it is one of the problems that have limited its mass adoption in my country. It will be better to obey the law than to face the consequences. If you think that you cannot do without bitcoin, you can consider moving out of the country.

If you have a trusted friend or relative outside the country, they can help you buy and keep the keys. But the person must be trustworthy. Another way to always move to a Bitcoin-friendly neighboring country to do your transactions. You can buy and see your coin there and return back to your country.

More countries will open up to more investment in bitcoin. Even China is becoming friendly to Bitcoin using Hong Kong. China is secretly making Hong Kong a crypto hub to enjoy the benefits that the sector offers.

It is a known fact that the Europeans have contributed to the economic development of Africa. Without them, many resources in Africa would have been untapped and redundant. But they should do more because we have passed the years of colonialism and economic exploration. We know Europe is helping Africa to exploit their natural resources but they should all go a step further by building industries in Africa. Africa shouldn't only be treated as a raw material mine but Europeans can help to industrialize Africa. If Africa is empowered to produce raw materials and finished goods, more jobs with be created and the number of illegal immigrants will reduce.

European companies and politicians should not assist corrupt African leaders in stealing the commonwealth of Africans. Most of these leaders keep stolen wealth in European banks and they are shielded from persecution. An investigation into the money laundering and stealing against the Bongo family was dropped in France because of lack of evidence. I guess it was dropped for political patronage. Europe can help Africa limit corruption if they show a little commitment. 

Major raw material might not necessarily mean the highest quantity, it could be an important raw material in the production of steel.

It is in the public domain that most countries in Africa are influenced by their former colonial masters. They are not directly in control of the nation but they influence their policies through a puppet government.

Like a system global economy is interdependent and interconnected and dysfunctioning in a a country can affect the global economy. Have you considered why the price of cereal has been going up recently?

Just early this morning some group of soldiers in Gabon declared that they had overthrown the democratically elected government in Gabon, Africa. President Ali Bongo Ondimba has been placed under house arrest and there are also celebrations on the streets of the capital  Libreville.

Some observers believe that these coups in these former French colonies like the Central African Republic, Mali, Burkina Faso, and Niger is to reduce France's economic influence in Africa. Gabon has the largest manganese mine in the world and it is controlled by the French mining group Eramet. Manganese is a major raw material used to produce steel and batteries. The company that employs about 8,000 workers has suspended its operation due to this coup. There have also been concerns about the continuity of uranium mining by French-based Orano after the coup in Niger. Niger supplies about controlled 15% of France’s uranium needs.

The argument from the citizens of these African countries is that France is only concerned about exploiting raw materials and doesn't care about the development of the local economy. Others are also stimulating  that these coups are sponsored by some external forces that want to replace France. What is the economic effect of the coup in Gabon on the global economy?

Taxation policies are not uniform in all the countries. Every country has its tax policies and calculations. It will be better to seek the advice of a tax officer in your location to determine how crypto taxes are calculated and paid in your country. In some countries, the exchange acts as a tax collector for the government. In that case, the tax is added to the transaction charges and the tax will be remitted to the government.

These links of Coinbase about understanding crypto taxes might help.
https://www.coinbase.com/learn/crypto-basics/understanding-crypto-taxes#:~:text=If%20you're%20holding%20crypto,you%20have%20a%20taxable%20event.

https://www.coinbase.com/learn/your-crypto/understanding-capital-gains

Gambling sites should be the last option when it comes to saving money online. I would even prefer to keep my money in a local bank that is regulated by the Central Bank of my country. This is because local banks are regulated by the central banks and customers can receive back their deposit if they have any problem. But these casinos are registered in countries that are far from me and I might not be able to sue them if they infringe my rights.

Many casinos tend to change their terms or services regularly and this can affect you if you want to withdraw your funds. They might start asking for more complicated KYC which might be dangerous to expose. I don't think you should ever trust a centralized firm with your funds. The best decision is to keep little funds that you can afford to lose. Casino accounts are not designed to save funds but to keep projected bets. If you want to save money, the best option will always be to keep Bitcoin in a decentralized wallet.

You are not alone @Uruhara. In my country, the prices of food are going high every day. I just bought some loaves of bread and I had to pay double for them. This issue started immediately after Russia invaded Ukraine. This invasion affected the supply of major grains because Ukraine is a major supplier of these essential agricultural products.

The price stabilized after the grain deal was signed between Russia and other parties. But the recent blockage by Russia has compounded the problem again. Russia's decision to annul the agreement has caused the world to experience another shortage in supply. The recent ban on rice export by the Indian government due to domestic issues like inflation has also affected the global price of grain.

We cannot also neglect environmental issues like global warming which has led to flooding in some parts of my country. Many agricultural lands have been destroyed by floods leading to less production and price hikes.

If you follow the news that emanates from these firms you might be deceived. They will always give out information that will make them gain from the market. They will spread FUD to make you sell your coin and make the price drop. They will immediately repurchase the coin at a low price and keep it until the price goes up. For long-term holders, all this information shouldn't matter to them because their plan is not affected by rumors and news.

If you are opportune to discover how to reduce the price please I will be glad learn  .