It seems Aarika doesn't have any other agenda for the state. Such an immature behavior. This is nonsense! I am sure California state government has a lot other important things to do.
Does anyone know the crypto donations volume till date. I am sure it wouldn't be a huge amount and thus no impact on the market. But such non sense newbies will put the reputation of cryptos at risk!
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Alongside China and India, US is also a mass producer of wheat and many other food grains. Whatever is happening in Europe, is a pre-planned series of events formulated by White house and Pentagon. I wouldn't be surprised, if UK is also a part of this conspiracy or not but they are also very likely to be a part of it.
Otherwise, there's no reason why US will force countries like Ukraine and Finland to join NATO. It would give them uninterrupted access to Russian border. That's what Russia is protesting and trying to protect their border from US invasion. The UK and US imposed sanctions on them and look who are the most affected countries - european countries. US is all fine here!
If you don't understand the gameplan yet, you are living in fool's paradise.
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I am not sure what the correlation between bitcoin maximalism and trading pair! Earlier, we didn't have much choice of trading so people used to trade based on the bitcoin price of an asset. USDT stormed into the market and quickly became the main trading currency for many because of the calculation convenience and easy capital conversion during falling markets.
It's all about choice! Maximalism is a mindset and the world of trading operates on available options which increases the horizon for traders.
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He is Bill gates for a reason. Also he gets the first taste of many amazing technologies built by Microsoft which we haven't yet heard off. So it's not surprising that he has a super computer at his disposal. So with his kind of intellect coupled with a super computer, can do wonders. If you really want to know the power of business prediction and analytics, watch the case study of Asian Paints who has been a market leader since 70's in the paints industry despite steep competition with the help of data analysis. It is widely available in youtibe.
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It actually depends on the name of the actual owner. If we come know with irrefutable proof that NIA had created bitcoin, I wouldn't use it. But if the creator is really a Japanese guy called Satoshi Nakamoto, why should I stop using it? We all know the creator of ETH, did we stop uaing ETH? So it all depends on the actual identity of the creator. Otherwise it really doesn't matter at this stage where bitcoin has see a great amount of adoption already.
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We know that synthetic fertilizers can scale production. Can organic farming scale as well?
Ask Sri Lanka about it! As a part of financial reform and for a drive towards self-reliance, Sri Lanka banned the usage of fertilizers on April 2021. That reduced their farming yield by 45%. A country already struggling with Chinese debt, this one was the final nail on the coffin. Organic farming is not really a solution for a country unless they decide to use all of their lands for farming only. That's not gonna happen and that also has after effects on the economy because thet country will then have to be importing foods.
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Is there any centralized stablecoin available in the market which has already been audited their reserve? USDT Tether is the first ever large scale stablecoin (centralized) and they are still the biggest one in terms of volume. I don't think they have ever got audited.
So the entire stablecoin ecosystem is thriving based on trust! For Terra, the trust is somehow gone and we are seeing the price dipping every single hour. Otherwise I don't see a logical reason for not maintaining the peg with reserve asset.
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It's a global problem right now. Home prices are becoming unaffordable due to the high demand, high inflation and limited supply. Same situation in Singapore, Hongkong, Mumbai, Shanghai etc. Every major city is facing the issue.
This madness increase by manifold during the covid time because the loan was quite cheaper everywhere. Now that the prices are rising and the rental yield is stagnant, it's highly likely for many people to give us the properties to lending companies. That may cause another 2008 like crisis.
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Nope! Not required for an individual. For companies, it was always necessary to provide their investment details to ROC and the same has been extended to cryptos as well. But we don't need to worry as of now. But if Modi comes back in 2024 (which is highly likely) then expect a lot more invasive policies to put in place just like the one released couple of days back regarding bank transfers.
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We are back to the 90s, the Fed raised the rates by 0.50% - nothing is going to stop the trend of further rate hikes - which in turn will keep on taking the air out of the balloon so called Crypto.
Lol! Why he would try to back bitcoin now when it is the best time to accumulate more! Every single person who are bullish on bitcoin, are buying and buying. Short term investors are definitely selling out of panic but I would not care about it. Elon is probably buying more and more bitcoins now but if that news come out of the market, it might go into positive. So as an avid investor he would definitely want to keep this news hidden.
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The home loans offered by Milo represent a new twist. Instead of simply paying for property with tokens, borrowers pledge their digital holdings as collateral, with no down payments necessary. That enables the holders to keep their coins, avoiding taxes on capital gains and theoretically benefiting from rising values for both the tokens and the real estate. It also heightens risk by using a volatile asset to finance purchases at a time the heated U.S. property market faces a slowdown from the fastest jump in borrowing costs in decades. Please tell me one thing - while using cryptocurrencies as a collateral, how frequently it needs to be re-evaluated? This re-evaluation is a part of a risk management practice underta6by many borrowers in many countries. I am not sure about US. So ideally, every person using cryptos as a collateral, they would need to send more token to their collateral contract ar certain interval if the prices are going down. But the lender will not return the cryptos if the price is increasing. Good to know that US is ahead in such things but that increases their risk as well.
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hackers see that the crypto market is a very tempting market to be hacked ,, this is evident from the many cases of hacking and fraud which cause losses of up to billions of dollars .. many governments do not accept crypto because they do not want their currency to be less popular than crypto ,, so many governments now regulate the circulation of cryptocurrencies
There are more to it! It's not just about the competition of popularity. Cryptocurrency can be used for many illegal things like money laundering, terrorism financing, online gambling (it is banned in many countries), Drugs etc. Also with the NFT market, it has become even easier for the money launderers to launder money. Cryptocurrency is not really fit for any government to accept and support the spread of it. Another major reason is banking lobby is thoroughly against it from the very beginning.
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It's funny and sad to see all people panicking. They are selling and losing. They're buying inflationary fiat Do they even know it? Remember guys, 1 BTC will always equal 1 BTC and the supply is very limited. If you can see this in the long run you will be a winner. Of course, chickens will run home as always Don't worry, HODL, BTC will come back stronger than before. To The Moon! BTC- Let the haters feel good, this is all they can do anyway. I am not on the same page. Bitcoin has not yet reached tonsuch a point where we can stop comparing it with fiat and derive the value of bitcoin in some other way. Fiat is still very much all over the place and bitcoin has just started out. Probably in future we will be able to stick to 1 btc = 1 btc but for now it's simply not possible. One thing I agree is that it's not a time to sell, rather it's time to accumulate more!
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Ape got hacked and many NFTs we're stolen, yet we saw many spending hundreds of dollars for gas fee to buy yacht club NFT the other day, are people dense or what? This shows how unsecured NFTs are isn't it? Other than playing all those play to earn NFT games I have no reason to be this serious with NFTs, I just feel like NFTs aren't there yet, maybe they will some day.
NFTs aren't here yet and they will never be here! It's a gimmick created by clever marketing and those who have made money, they are the winner. Rest all are going to loose big time. NFT is juat a non-sense stuff. If NFTs could teally value art, the pictures of ape would have never sold for millions. Rather than inveating in NFT, invest in cryptos, gold and blue chip stocks. That would certainly give you a great return over a period of time.
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Mark Zuckerberg said that Meta's Instagram platform would soon include NFTs. Without giving too much away at SXSW, he stated that Meta intends to integrate NFTs into the social media platform as soon as their Instagram team can resolve a slew of technical issues. Mark stated in a talk with Shark Tank's Daymond John that NFTs would be introduced to Instagram soon.
Well! If that happens, I can foresee celebrities and known personalities making shitload of money out of it. And I also foresee that the commoners like us eating bananas in long term. NFT is a failure if that can't create an aspirational value. Aspirational value can be created through endorsements so the celebrities are going to win big here while we are going to pay for it. Nothing exciting really! Just the monies will be changing hands.
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Rate hikes make fiat based investments less attractive. Increasing demand for alternatives.
Lol! Who said this? Rate hikes are always a blessing for the fiat based investors because they are going to get more interest. It's a pain for the borrowers only because they will have to pay additional money towards their repayment of loans. Rate hikes actually decreases the attractiveness of alternative investments like bitcoin. Because people can't stand much volatility, are likely to move to fixed income plans based on fiat.
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Lol! It's hilarious! It seems only crypto mining companies produce pollution and no one else does that. The heavy industries generate way more pollution than all crypto mining put together. But I believe the environmentalists are going crazy because most of the mining operations are for personal benefits rather than public benefits. I believe that's the main pain point for them.
If some countries seek to ban mining operations, there will be other countries who will open up for migration. Crypto is a serious business now!
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It's extremely difficult to happen in reality! Quantum computer is not anymore a myth that we all know. IBM has already announced their breakthrough in quantum computing and Google is on the same way. However, It is highly unlikely for a quantum computer to be available to a random group of people in the next 100 years. For a company, whatever activities will be done through a quantum computer, will be recorded and I am sure a lot of governments will want to see those records periodically considering the risk it poses for national security. So even if a capable quantum computer is available to a company to ransack bitcoin algorithm, it is highly unlikely that the computer will be used for such task.
It's fantastic to see that US government is way ahead of anyone else regarding security. It certainly will force new crypto companies operating from US, to upgrade themselves to become compliant with the norm.
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Both fiat and crypto market is depreciating. At this moment, Golg and real estate are two markets which can support your current capital from falling in value. So it's wise for the buyer. But I am not sure about the seller because he might be already seeing a huge loss from the price point he used to sell the house.
That's the volatility and that is a big big roadblock for crypto to become a favorite currency by merchats around the world.
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Some people say, NFT is a big hype but we should be looking really closely to what most NFT's really are: useless and prone to loss. Can't agree more! Whoever talks about the sentiment value, I want to ask them, how on earth a pic of a stupid ape sells for millions while real piece of arts are failing. Does that prove that the apes were our ancestors? I can show at least 10 great pieces of art that got no buyer while stupic images of apes are getting sold for millions. That makes no sense! NFT can only work when there is a celebrity endorsement. That creates an aspirational value. It's just a great way for celebrities to make more money, it's not meant for commoners like us! Pretty useless thing!
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