At first I thought is power than anything, later on I said it's should be economic resources, then I realizes is money. I will give a brief poem here! The breeze blew and stake moistures and when it blew hales, it was just the breeze moving while the moistures is running away with fears.
The situation you described in your country highlights the importance of access to money for basic needs such as food, transportation, and healthcare. The mist of human fears is control by what is next to their breath. Money has power than anything, money makes one feels secure, alive and superior. When money leaves we felt life is gone, we feel dead, we feel empty, we feel hopeless.
It also demonstrates the power dynamics in controlling money flow and how it can be used as a tool of oppression or control. Currently my country government has turn humans to museum, moving without no direction, helpless and monuments because for over 3 months now the government has seized to release money in circulation, banks refused to fix money in ATM's, no canter payment.
Everyone is helpless, no money no good food, no transportation, no job, no love, no smiles, no good health.
Money drives away every feelings that makes life better. Money is truly powerful
However, it's essential to recognize the role of money in our lives and strive for a system that values fairness and inclusivity, where everyone has access to the resources they need to live fulfilling and secure lives. |
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Firstly what is the word store of value;store of value is something that maintain its worth both in the present and the future.Money is a type of assets in an economy that you can use to buy goods and services from other people or businesses.One of the functions of money in an economy is that it's serves as a store of value.
You are correct that a store of value maintains its worth over time, and money serves as a store of value in an economy. A store of value is something people use to transfer purchasing power from the present to the future.
While money is an asset that can store value, and also Gold and silver for example, acts as store of value.
This is because cash allows people to transfer purchasing power from the present to the future, which makes trade more efficient. Gold and silver can also act as stores of value because they are durable and can retain their value over time. Since money is accepted as a store of value, trade is much more efficient.When an individual or business accepts money in exchange for a goods and services, the seller can store the money in a bank account and retrieve it later in the future.
This ability to store value over time is one of the critical functions of money in an economy. |
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When you're short on cash, it can be difficult to quit borrowing money.
Everyone has been there. We're short on cash and in a lot of debt, but a cover loan to get out of the red and even improve our readiness is the light at the end of the tunnel.
Blissful days? Sadly, no. It all comes down to the straightforward, yet frequently misunderstood, formula that says borrowing more money equals more debt. It is more difficult to return to black the more debt you accumulate.
You're right. Borrowing money can be a tempting solution to short-term financial difficulties, but it can quickly become a cycle of debt that's difficult to break free from. The majority of us live beyond our means, which is one of the primary causes of our ever-increasing habit of borrowing money. Simply put, incomings are outpacing outgoings. It's also getting worse.
The key is to focus on living within your means and avoiding the need to borrow in the first place. The goal is to break the cycle of debt and build a solid financial foundation. More than at any time in the past two decades, millions of Americans are spending more than they earn. Spending on credit cards, the most common type of personal debt, is estimated to be rising at a rate faster than at any other time in American history.
It may take time and effort, but with dedication and discipline, it's possible to achieve financial stability and avoid the pitfalls of borrowing money. |
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But they will only have to wear one avatar until they become full member, because if they try to change, they are blacked out  Do you mean they cannot change their avatar? If yes, please cite the source where it's written they cannot change their avatar. |
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As we face the harsh reality of struggling to fulfill even our basic needs, it's becoming increasingly difficult to ignore the growing impact of climate change. This raises a pressing question: what will be the consequences of climate change on the financial world, and what might be in store for the future of the crypto industry?
In light of these challenges, it's important to consider the potential implications and prepare for the potential changes that may be on the horizon.
Indeed, climate change is a significant global issue that poses a threat to our environment and economy. As temperatures rise and natural disasters become more frequent and severe, the financial world will likely face several challenges. It's clear that climate change will significantly impact the financial world and that the industry must adapt and prepare for the potential changes. However, by embracing sustainable practices and investing in innovative solutions, we can work towards a more resilient future for our environment and economy. |
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That's a great analogy! Managing finances can feel like assembling a jigsaw puzzle, especially when you're starting from scratch and have to figure out the pieces on your own. Setting a goal is the first step; you must begin putting the pieces together individually. It can sometimes be frustrating and overwhelming, but with patience and perseverance, you can eventually see the bigger picture and achieve your financial goals. Thanks for sharing your insight!
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Understandably, you felt awkward in this situation. It's essential to manage our finances properly, and lending money is a decision that should not be taken lightly. Trust and reliability are crucial when loaning money, especially when it involves a significant amount. It's good to hear that you still wish him the best, despite the situation. Maintaining positive relationships with family members is essential; hopefully, things will improve between you both.
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Yes, it's true that while BRICS nations have been taking measures to reduce their dependency on the U.S. dollar-dominated financial system, it is unlikely that the U.S. dollar will be eliminated anytime soon. The U.S. dollar remains the world's dominant reserve currency, widely used in international trade and financial transactions. As a result, it will take significant effort and time for BRICS nations to establish a new currency that can rival the U.S. dollar regarding global acceptance and stability.
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It's great that you recognize the importance of financial record-keeping for small businesses and want to share your knowledge with others in your community. There are a few ways you can organize a free seminar: Partner with a local organization that supports small businesses, Use social media, Collaborate with other small business owners, and Host the conference online. Good luck with your efforts to educate and support small businesses in your community.
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Indeed, the economic sanctions imposed by Western Europe and the U.S. on Russia have primarily targeted banks, oligarchs, and technology imports. These measures were intended to curb Moscow's involvement in Ukraine's conflict and pressure the Russian government to change its policies. However, it is also true that the sanctions have not significantly impacted ordinary Russians' daily lives. However, economic sanctions can have long-term consequences on a country's economy, and it is difficult to predict their full impact over time. In the case of Russia, some analysts believe that the sanctions may have contributed to a decline in foreign investment and slowed economic growth.
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What that means is it's time to tell the IRS everything you've been doing as far as selling bitcoin. Enjoy.  You might owe some taxes too so make sure to pay them. The IRS considers Bitcoin and other cryptocurrencies' property in the United States for tax purposes. This means that when you sell Bitcoin at a profit, you are generally subject to capital gains taxes. If you have sold Bitcoin during the tax year, you must report those transactions on your tax return and pay any taxes owed. Therefore, it is always important to comply with tax laws in your country to avoid any legal issues. |
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It's true that not having money to invest in Bitcoin can be a blessing in disguise. Instead of focusing solely on making money, people can take the time to learn about Bitcoin and the underlying technology, which can be very valuable in the long run. Furthermore, with a deeper understanding of technology, people can make more informed decisions about investing in the future. Therefore, instead of being discouraged by not having enough money to invest in Bitcoin, people can take advantage of this time to deepen their understanding of the technology and the market.
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I have a close friend who recently purchased 0.8 Bitcoins and when we met he was happy and was like " I am now a Bitcoin investor"
At that point I go this question in mind ;what does it really take to become a Bitcoin investor .does it mean that if you own a considerable amount of Bitcoin in your wallet you are now a Bitcoin investor or there is more to it aside having a basic knowledge of crypto currencies
To become a Bitcoin investor generally means that you have purchased Bitcoin to hold it as a long-term investment. This is different from buying Bitcoin to use it for transactions or as a means of payment. So, owning a certain amount of Bitcoin doesn't automatically make someone an investor. Instead, the intention and knowledge behind the purchase define it as an investment. |
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Most persons purchase most items using Bitcoin transactions I am of the opinion of hodling instead of spending pls is that a positive mindset?
No right or wrong answer regarding whether one should hold or spend their Bitcoin. It ultimately depends on one's personal financial goals and beliefs. So it is up to the individual to decide whether having or spending Bitcoin aligns better with their financial goals and ideas. |
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Great to hear that you are working on an educational video series about the crypto world.
As for the answer to your question, BitcoinTalk.org is a forum created by the creator of Bitcoin, Satoshi Nakamoto, in 2009.
Although the forum's domain name was registered in 2011, the meeting may have been hosted on a different domain before that time.
Satoshi's posts were made on the BitcoinTalk forum, but his true identity is unknown.
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As 2023 is going to be a tremendous year, and the elite are working towards the new world order whereby new digital currency will be introduced. If btc happens not to be part of that agenda, so will investing into btc against 2024 a wise decision?
It's difficult to predict precisely what will happen in the future with Bitcoin or any other investment, as many factors can impact market trends and fluctuations. Therefore, any investment decision should be based on a thorough analysis of the risks and potential rewards and consider your financial goals and risk tolerance. |
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I think I understand that the BTC blockchain can't be corrupted, because it would be too difficult to do. But can't the 99% be exploited the 1% that own 99% of BTC? BTC is a transfer of wealth to a different system. Won't the 1% be able to exploit the 99%? Capitalism centralizes wealth
Tks!
A small percentage of individuals indeed hold a large portion of the total Bitcoin supply, and this concentration of wealth could potentially lead to power imbalances and exploitation. However, it's important to note that Bitcoin operates on a decentralized system, meaning that any central authority or group of individuals does not control it. |
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Something is brewing in the Bitcoin world? For the last 2-3 days I can I witness slow transactions and huge fees. I got used to 1sat/byte transactions and they always get through so I sent a couple of sats to myself but you can't imagine how surprised I was when I saw my tx is ~75mb from tip! My wallet suggested a fee of 10sat/bytes! So, what's going on? Is this connected with that ordinals mumbo-jumbo?  Yes, there has been a recent spike in transaction fees and slower processing times on the Bitcoin network. This is due to a combination of factors, including increased demand for Bitcoin transactions, changes in the mining difficulty and hash rate of the web, and other market and economic factors. It's always a good idea to stay up-to-date on the latest developments and trends in the Bitcoin world and to be prepared for potential changes and fluctuations in the network. |
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The global economy faces various challenges, including inflation and financial crises in some regions. In situations where traditional financial institutions are not accessible or trustworthy, Bitcoin can be a viable alternative for storing value and conducting transactions. Bitcoin can be a valuable tool for individuals looking to keep weight and execute trades in a decentralized and secure way, particularly in situations where traditional financial institutions are not accessible or reliable.
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Russia has become a significant player in the Bitcoin mining industry, with a reported 1 gigawatt of mining power in the first quarter of 2023. This is a testament to the country's ability to adapt and innovate in changing circumstances. However, while Russia's emergence as a significant Bitcoin mining player is notable, it's essential to consider the industry's broader context and potential challenges.
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