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21  Economy / Economics / Re: Where is the value reflected? on: August 12, 2021, 03:18:32 AM
-snip-
For me, I would like to see more merchants willing to accept cryptocurrency payments, but I will not use cryptocurrency for payment.
The technology of cryptocurrency has become more and more mature, and what still needs to be strengthened is the regulatory level. From the perspective of circulation, we can see whether the future of cryptocurrency is valuable.
You want to see more merchants accepting cryptocurrencies, but you won't be using it for making payments. Then wouldn't that just put off merchants from wanting to adopt/accept the cryptocurrencies? It's totally understandable as to why you don't want to use bitcoin to make payments, but the more the people use it, the more the world will be accepting towards cryptocurrencies. As people become more accepting, we will be see rapid development where solutions to the current problems with crypto currencies can be found. And with this, we will see the true value of crypto currencies reflect.
There are many reasons for this idea, including Bitcoin's volatility. I personally think that cryptocurrency payments are more troublesome. Just like I often like to buy a cup of coffee in the morning, paying with Bitcoin feels like I have to pay a courier fee when I buy a cup of coffee. I personally don't like this feeling. Everyone has different ideas, values and consumption concepts.
Bitcoin's crypto volatility and appreciation space are greater than most commodities on the market. When my daily expenses are within my abilities, I think I can keep Bitcoin.
When I saw these good news about accepting Bitcoin, I think it has increased the popularity of Bitcoin. People in luxury goods or other fields can understand and know Bitcoin. This is naturally a good thing for the encryption field. I do not influence the ideas of others. Not all suggestions in this market must be accepted.
22  Economy / Economics / Where is the value reflected? on: August 10, 2021, 08:19:14 AM
Germany allows certain institutional funds to invest in cryptocurrencies, and institutional investors can invest up to 20% of their holdings in Bitcoin and other cryptocurrencies.
https://zycrypto.com/german-law-that-could-potentially-see-415-billion-flowing-into-cryptocurrencies-becomes-effective-next-monday/
This means that more institutions will enter the market and raise the price of the currency. For example, Bitcoin can further preserve its value and achieve the purpose of anti-inflation.

German luxury Philipp Plein accepts cryptocurrency payments.
https://www.drapersonline.com/news/philipp-plein-to-accept-cryptocurrency-in-fashion-first
Many friends may not be very familiar with this brand. Before I went to the mall to buy their clothes, so for me, I was shocked by the news. I never thought they would accept cryptocurrency as the official payment method.
Therefore, I think that the future of cryptocurrency is a big trend, not an inevitable event, but a high probability event.
Philipp Plein's acceptance of cryptocurrency is also subject to risk assessment, because capitalists consider profit maximization. If they are optimistic about the market, then accepting cryptocurrency is actually a win-win situation.
  • More merchants will endorse the acceptance of cryptocurrency.
  • Merchants can earn profits from rising cryptocurrencies.
For me, I would like to see more merchants willing to accept cryptocurrency payments, but I will not use cryptocurrency for payment.
The technology of cryptocurrency has become more and more mature, and what still needs to be strengthened is the regulatory level. From the perspective of circulation, we can see whether the future of cryptocurrency is valuable.
23  Other / Off-topic / Re: What's your view on cannabis? on: August 09, 2021, 09:26:32 AM
In fact, marijuana makes you not want to face life and yourself. It makes you paralyze yourself and hide yourself with this substance, which is actually suppressing yourself.
I think that addiction is not terrible for marijuana. The terrible thing is that you are crazily trying to paralyze yourself, and you want to use marijuana to help yourself temporarily forget your inner self.
24  Economy / Economics / Re: Why do most cryptocurrencies rise and fall together? on: August 09, 2021, 08:48:55 AM
Bitcoin's position in cryptocurrency is quite high. As the king of cryptocurrency, it is not surprising that other altcoins follow suit under normal circumstances. The sentiment of crypto investors will be affected by Bitcoin, leading to a sell-off. In this case, the price of altcoins will fluctuate accordingly.
25  Alternate cryptocurrencies / Altcoin Discussion / Re: Show me your biggest gains! on: August 07, 2021, 07:48:08 AM
Several months of leveraged trading lost $4,000. It's just a few days of investing money and the need to recover my losses as soon as possible, without any strategy or plan. When I lost so much money, I stopped. Now I train myself to only place fiat currencies on paydays and a small amount.
26  Alternate cryptocurrencies / Altcoin Discussion / Re: Where do you get your news about Crypto? on: August 07, 2021, 07:31:50 AM
Kraken Intelligence Report, I heard they are also very good. You can also check out CoinBase Pro Learn, and you can also earn a few dollars by learning new things.
27  Other / Off-topic / Re: What do you think about online dating? on: August 06, 2021, 09:51:15 AM
This is not surprising. The Internet is so developed now. It's normal to make friends online. It depends on your purpose is not simple, can not affect other people's normal life, but also pay attention to your own safety issues.
28  Other / Off-topic / Re: Anxiety goes depression on: August 06, 2021, 09:31:43 AM
Generally speaking, long-term mental stress or excessive stress will cause depression if you are troubled by many things. In this case, you need to adjust your mentality. You may not be able to guide yourself under the circumstances. It is best to talk to a good friend or family member. If the situation is serious, it is best to seek a doctor.
29  Economy / Economics / Re: Money and happiness. on: August 05, 2021, 08:37:42 AM
What is happiness? My subjective thoughts are good health, a happy family, and financial prosperity. In fact, happiness is sometimes just a state, and happiness is the satisfaction of desires. Without sufficient financial capacity, you cannot get any satisfaction, and your desires will not be satisfied. Are you still in a happy state?
30  Bitcoin / Bitcoin Discussion / Re: Google starts accepting Bitcoin ads on: August 05, 2021, 06:55:46 AM
What changes have they done to pick which ad could be approved?
This is the link to the update https://support.google.com/adspolicy/answer/10688110

The ads that are not allowed:
  • Ads for initial coin offerings, DeFi trading protocols, or otherwise promoting the purchase, sale, or trade of cryptocurrencies or related product. Ads like ICO.
    Ad destinations that aggregate or compare issuers of cryptocurrencies or related products

If you read all the changes made, it's basically very vague rules. They are not distinguishing which one is actually allowed which any bitcoin-related ad could be subjected to not being allowed.



Google is keen to prevent any opportunities for false advertising.
The platform will not allow advertisements for initial coin offerings (ICO) and decentralized finance (DeFi) trading protocols.
Other advertisements used to purchase or trade cryptocurrency.
This also includes pre-sales, crypto loans, initial decentralized exchange (DEX) products, token liquidity pools, celebrity cryptocurrency endorsements, non-custodial wallets, and unregulated decentralized applications (dApps).

source:https://finance.yahoo.com/news/google-reverse-crypto-exchange-wallet-073215325.html

It can be seen that they are taking several different measures to prevent fraud.
I don’t think this will solve the problem, but their regular advertising already has a fraud problem. I very much doubt that they are doing more than maintaining phishing links similar to major cryptocurrency exchanges.
31  Economy / Economics / Re: How do you define rich? on: August 04, 2021, 09:46:36 AM
To be honest, I feel that no matter how many bitcoins there are, whether it is 1,000 bitcoins or 1 million US dollars, this is what I don't have right now, and it is what I yearn for. For me, this is a rich man... If I only had 1 million dollars, I would desire more, and I would not stop here and move further.
32  Economy / Economics / Re: Is money the root of all evil as the poor to thinks? on: August 04, 2021, 05:53:03 AM
Money is not all evil, so we can't generalize money in this way. I think people yearn for money because it brings happiness to people and is a tool to create happiness. It depends on our personal thoughts, what is the original intention of using it, and what is the purpose.
33  Economy / Economics / Re: Miami will launch its own cryptocurrency and reward users with bitcoin on: August 03, 2021, 07:49:17 AM
This should be called city currency. This is a decentralized project that will eventually start in all cities. CityCoins like $MIA are mined by transferring Stacks tokens (STX) to CityCoins smart contracts. If you don’t want to dig it yourself, you can go to the exchange to buy it.
34  Other / Off-topic / Re: How do you handle stress? on: August 03, 2021, 07:24:39 AM
In daily life, it is normal to have stress. First, you must understand the source of stress. When considering how to solve this problem, if something hasn’t happened yet, it’s because you don’t have the ability or confidence to face it. Change and do some self-advice. I have always experienced it slowly by myself, and what others say is useless to me.
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