In my opinion, it is necessary at least to teach children elementary financial literacy. A lot of people become victims of scammers because they do not understand the basic things in the economic sphere. Not everyone should be taught to be businessmen and entrepreneurs, but one must be able to distinguish good financial products from the scum.
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And why are we talking about some kind of new crisis? Has the crisis of 2008 been overcome? The current financial situation has been going on for 10 years and small market rises have no effect on the deep structural crisis of the world economy.
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banks, governments and big business will be affected by all forces not to admit it. The most terrible words for them are decentralization and transparency. The progess can not be stopped of course, but very many people will try to do this
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The most important thing for a beginner is to get and rework a huge amount of information. Your first task is to read as much as possible including this forum. Over time, when you get a basic understanding of the market, you can take part in the bounty and so on.
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in the matter of trust in crypto, you should not listen to the state. the government has its own reasons to slow down the development of crypto and you will have to decide for yourself.
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Now in the market is extremely unstable situation. Bitcoin goes up, and altcoyins are falling. In such unclear conditions, the best solution will be to wait and see the developments on the market.
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Now the market is extremely unstable situation. Bitcoin goes up, and altcoyins are falling. In such unclear conditions, the best solution will be to wait and see the developments on the market.
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While government regulations do not have time to catch up with the market. As a result, they are more of a hindrance than stimulate its growth. In the future, when officials stop fearing creep the situation will change.
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Of course money will not make you rich in a spiritual way. However, they greatly facilitate the search for spiritual meanings.
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I am sure that the market will only increase the rate of growth over time. All the same, crypto is an absolute revolution in the financial sector.
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Patience is the guarantee of success. Especially on the crypto market. Here, most think in terms of months or weeks. To make investments with calculation even for a year are solved by the few.
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Bitcoin is very suitable for charity. This will cut off people who are chasing after fame using charity. Anonymous donations are always more credible.
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I think that in such a scam the project is simply easier to participate. In addition, choosing a good IS is not so easy. in due course people will learn.
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When banks begin to worry about "criminality in crypto", I always get ridiculous. And where is it interesting to store your money around the world before crypto? In mattresses? No, their money was laundered by those bankers who are now shouting that bitcoin is a bubble. Simply they understand that the ideas of the banking system for more than 500 years and crypto will now change everything
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Only those who have sold their assets in the last few months suffer losses. While your coins at you no price drop will not bring you real losses. The market will start to grow again as soon as the price decreases sufficiently for institutional investors.
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I believe that the more people come to crypto, the sooner the society will be able to refuse the dollar standard and get out of a deep financial crisis. Now the world economy is stagnating and crypto can become a way out of the situation.
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Fiat and the gold standard are financial practices that are hopelessly outdated. They are very hard to give up because they have been the basis of the world economy for many years, but the world is changing and the financial sector will have to change with it.
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If we compare the potential and not the current cost, then the etherium may be ahead of bitcoin. one way or another, but the success of the etherium is determined by the success of the tokens on its basis.
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Predicting the development of the market for 2 years is simply impossible. It is enough to look at the situation two years ago, to understand how unpredictable everything is. this makes the crypto market so attractive.
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Such a scenario is quite possible. Now the price of bitcoin is largely due to confidence in the currency, but the situation can change in the pain of another player in the market. The etherium is gaining strength and may well replace bitcoin.
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