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21  Economy / Economics / Re: Crisis everywhere it's time to come together and unite on: December 22, 2023, 06:53:24 AM
I see that anyone who bring up some good idea not trusted instantly....but only way is unite together many people don't have income anymore and no money.[/quote]

You need to be known here before your ideas can sell because honestly if you dont not have antecedents nobody will take you serious as you know how trusting people can turn out to be.

Pay attention looking for opportunities on this forum and you will be surprised many are been discussed
22  Economy / Economics / Re: Are fast-fashion shopping apps hurting local economy? on: December 22, 2023, 06:40:06 AM
Yes they are hurting local economy because it kills small & medium scale businesses while reducing patronage for big merchants as well. Places like AliExpress are source of purchase for many other international hubs/supermarkets and buying from them directly makes sense because it saves you money.

In China, cost components for running a business is less comparing to other countries thereby making their goods cheaper compared to other economy reason why most of those countries ordered from them to save cost. What you buy from AliExpress is often what you see from most big retail outlets in the US and others
23  Economy / Economics / Re: Bitcoin Legal Tender in Central African Republic on: December 22, 2023, 06:28:49 AM
Bitcoin acceptability is just a matter of time and we should be rest assured many other countries will join in not fully but partially. 2 achieved  (El Salvador & CAR) more to come
24  Bitcoin / Bitcoin Discussion / Re: Argentina has approved Bitcoin as their "official" currency. on: December 22, 2023, 04:57:59 AM
Based on the new leader and what the foreign affairs minister said is just a matter of time for Argentina to join CAR and El-Salvador, might not happen this year 2023 but it's closer than you think.
25  Economy / Economics / Re: Bitcoin Legal Tender in Central African Republic on: December 21, 2023, 10:53:34 AM
Its a welcome idea and this shows Bitcoin is going places and this will be achieved in distant time
26  Economy / Economics / Re: Learn to use DEBT in a proper way to create asset on: December 21, 2023, 10:51:34 AM
Debt means so many things to people and it all boils down to it's usability. Debt becomes liability when is taken to be expended frivolously but assets when put in a revenue generating business. It could be a curse or blessing depending on how to use it. There was a new in Nigeria recently about a man from the Eastern part that raised a loan of 2.5m all to use it to bet and lost then commit suicide.

Loan or debt should be collected and used on things that can generate the money back and still give you margin

Debt or loan is the money you do t have on your own but collect to enhance what you need and that need must be what can repay it back even without interest
27  Bitcoin / Bitcoin Discussion / Re: Bitwise The Year Ahead: 10 Crypto Predictions for 2024 on: December 21, 2023, 10:37:55 AM
Predictions are just predictions they either come to pass or not but is good to know and see future of Bitcoin as I believe it will surely come to pass just a matter of time
28  Bitcoin / Bitcoin Discussion / Re: Introducing bitcoin to the orphans on my birthday on: December 21, 2023, 10:35:00 AM
Happy birthday to you on this wonder day. What you have done is a welcoming idea but I will advice you keep follow up to make sure they follow through on what was taught. With this you can help them to systematically assimilate & integrate tenets of bitcoins and crypto, well done.
29  Economy / Economics / Re: Is there a correlation between liquidity and volatility? on: December 20, 2023, 07:38:48 AM
There is correlation between volatility and liquidity in Bitcoin. Liquidity that Bitcoin enjoys is based on it Volatility and the more volatile it comes the more you can turn to cash
30  Bitcoin / Bitcoin Discussion / Re: Bitcoin is not a get rich quick scheme. on: December 20, 2023, 07:14:08 AM
I could remember when Bitcoin was first introduced to me, even other crypto, it was sold as something that will turn me to a billionaire over night but based on my understanding I know aside those get rich quickly scheme that we all know are scam no investment can offer that and I started reading and researching about it.

Bitcoin should be seen from a long term investment angle like 5 to 10yrs to be able to give us that financial freedom we desire
31  Bitcoin / Bitcoin Discussion / Re: Can Bitcoin create an opportunity to reduce poverty? on: December 20, 2023, 07:03:58 AM
Yes it can help you to get out of poverty if you are intentional about it. Some while back used to be broke despite having monthly paid job till one of my younger brother introduced me to Bitcoin trading and since then I never lacked. This has help a great deal though Bitcoin teaching and acceptability has been free over the years many people are still afraid to invest because they have wrongly invested in other crypto and have lost all their monies but if they can bank on Bitcoin they might yet win again
32  Economy / Economics / Re: Business failure among small-scale entrepreneurs on: December 20, 2023, 06:47:17 AM
Maintaining a business is always an Herculean task. Most of the reasons why many businesses fail is competition because in fairness you have to be on your toes to deliver whatever you are delivering for your business to stand the test of time.
Everybody sells values either goods or service and the way you present it matters. Competitions is not only in pricing but in every facet of the business because companies compete in terms of of pricing, after sales, money management, customer service, accessibility and host of other renderings and you must know how to compete in all fronts.

Need to also mentioned that some businesses are not meant to last long they are just in for the money and move on to next project. They create them to raise funds for something bigger. Right from start they already know number of years they want to be in operation.

Some business fails due to bad management of money & staff because they make the money but fail to hold up to their part of loan repayment as many of these businesses were financed by loan. They also forget to retain their biggest assets which are staff by not treating them well and losing them to competition.

We have lots of reasons why businesses fails but all these can be controlled if things are done rightly and I always say whatever business you do make sure you insure most especially against government policies that can crumble business operations.
33  Economy / Economics / Re: Insurance is important on: December 20, 2023, 06:28:05 AM
Insurance is very good when you have assets to protect I know many people always get put off by the fees they pay on weekly/monthly or yearly basis depending on negotiations. You might think you don't need it but nobody knows tomorrow. I always encourage people to insure their properties even life.

A friend of mine bought a Toyota Corolla and always complain of paying comprehensive insurance on it that it's been 4yrs now is been paying and nothing has happened to his car but kept on encouraging him that he should continue because no one knows tomorrow but this year went ahead to pay 3rd party insurance and this same year burglars entered their street and ransacked all Corollas in the area taking away everything that matters like brain box, battery etc that cost him 170k to fix back.

Insurance is very good as you might not know when it will save the day and if it doesn't you will you have covered your arses Incase of eventuality Grin Grin
34  Economy / Economics / Re: Pay discrimination on: December 19, 2023, 08:35:52 PM
Let's differentiate to put all their in perspectives

White collar are highly skilled people that doesn't perform manual jobs as they are the management that gives directions that is cascaded down to those who are to do them. They are well read and cultured

Blue collar are people that are not that educated that works in factories & do manual job

Based on the above, Jobs are in categories and these categories are renumerated based on their importance to organization. Need to mention also that both white collar & blue collar have hierarchy with the system.

Since blue collar are manual labour they are poorly paid because is believed that no thinking is needed in getting their jobs done but that the thinking is been done by white collar guys that get paid well which is correct

Mining for example, white collar guys do the  planning, from how many manual guys is needed per day/per job, logistics needed, safety  protocols in sites, number of hours to work per shift etc while blue collar/manual guys is to go to section apportioned to them, say drilling, which he will perform for the rest of the day.

White collar gets the big pay because they do the thinking while blue collar operationalize white collar objectives.
35  Economy / Economics / Re: How to gain money on: December 19, 2023, 08:02:37 PM
Without Charity, begging, illegal, stocks, trading is working. This can be done through skilled labour or not but will determine your entitlement/renumeration at the end of the day.

By and large, you need to have money before you can invest in stocks or trading
36  Bitcoin / Bitcoin Discussion / Re: Succeeded in introducing Bitcoin to a friend on: December 19, 2023, 10:56:22 AM
Not safe and prudent to show your wallet to anyone.
37  Economy / Economics / Re: No petrol/diesel car sales by 2035/ Reality or dream? on: December 19, 2023, 10:51:20 AM
It is achievable. This is called Planning, they have considered lots of factors and put in motions processes, structures and legislations to achieving this come 2035. Future of vehicles is obviously electrical as it's advantages in this climatic change era is enormous and prudent.
38  Bitcoin / Project Development / Re: I want to start a Gambling operation and you can join ! on: December 18, 2023, 03:37:52 PM
Failing in a business and immediately want to start another is a turn off. Starting a new entails so many things and until those factors are guaranteed you can dabble into it.

Will advice you start first then when people sees your programs they can invest in it
39  Economy / Economics / Re: Which do you prefer on: December 18, 2023, 03:30:53 PM
People should have multiple stream of income. With your monthly paid job and your side hustling which is trading then you are fine. Worst time that can happen to man is to have a single source of income. Both are good till you are confident one is better than the other and focus more
40  Economy / Economics / Re: Used cars and real estate market very volatile and a lot people will fomo in on: December 18, 2023, 03:27:40 PM
Totally agree with your assertion because real estate and housing in 2023 was a bumpy and rough one as purchasing power across the globe kept decreasing year on year same happened with used cars in 2023 as people prefer to maintain what they have now than buying another, either new or used, and 2024 won't be any different as most countries are going through recession that is difficult to curb
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