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21  Economy / Economics / Re: We support health care in the fight against coronavirus. Join us! on: April 04, 2020, 09:00:55 AM
Nice fund raiser guys, this will be a good help in fighting the epidemic. I have donated some of mine in a local charity in my town. I hope I still have the funds to donate to this one but a man's got to eat.
22  Economy / Economics / Re: Internet would become the most expensive commodity in the world. on: April 04, 2020, 08:04:04 AM
I don't think that it will become more expensive, maybe electricity will surge higher because we are losing more and more fuels so the lesser the fuel then the more expensive the electricity will be, next thing would be gas, I think most of the basic necessities will surge in the near future.
23  Economy / Economics / Re: We are about to see the monetary power of the U.S. government on: April 04, 2020, 07:25:35 AM
There will definitely be a price jump for stocks, because there will be more who will invest. But I think that this stimulus is for sustenance rather than investment so  I think we should probably think about whether this is for investments or sustenance.
24  Economy / Economics / Re: Bitcoin Prehistory on: April 04, 2020, 06:31:31 AM
This is really nice, never thought I will see this. This is a very nice thread for history buffs like me. It is like walking the memory lane.
25  Economy / Economics / Re: All Fiat-Replacement crypto will fail: what is wrong with this line of thinking? on: April 04, 2020, 05:54:46 AM
I agree that creating a centralized cryptocurrency for each is very useless, but think about it. These crypto might replace their predecessor fiat, they can be exchanged the same as btc to usd, btc to euro, you just replace the usd and euro with their crypto counterpart.
26  Economy / Economics / Re: returning to normal on: April 04, 2020, 05:17:54 AM
Think about the time of Spanish Flu, did anything change? No, because the industries are revived, the reason why some industry die in times of pandemics is just a coincidence, the real reason is becoming obsolete and the fast and ever changing technological development.
27  Economy / Economics / Re: Report: More Than 50% of the Worlds Banks May Be Too Weak To Survive A Recession on: April 04, 2020, 04:37:00 AM
People shouldn't panic when that happen, deposits of each individual are insured no matter what happens when they are in the bank. I don't see a problem when it happen to big banks but if you are with them and you are on the small banks then just make sure that the bank you are inare covering your savings with insurance.
28  Economy / Economics / Re: Cryptocurrency Now Fully Legal in South Korea on: April 04, 2020, 03:57:22 AM
This is an understandable approach, they are preventing the further spread of pandemic and the contraction of the virus through paper money is evident with the current situation. This will be one for the books on the advantages of cryptocurrency. Good job South Korea.
29  Economy / Economics / Re: Stock market - beginning on: April 04, 2020, 03:17:42 AM
Don't go diving at it in the first place, do some research and learn as much as you can and then do your thing. You can practice in simulator investments like eToro, investagram.
When you think you are ready you can download Robinhood.
30  Economy / Economics / Re: What N America and Europe need to start on now! on: April 04, 2020, 02:26:26 AM
They should increase their focus more on building a vaccine or something to make the pandemic go away a little faster, second is that they should build a system that helps in preventingthe further spread and contractiong of the virus, and lastly, I think that the government should strategize on how will they create a fund stimulation that will benefit especially the poor.
31  Economy / Economics / Re: Capital preservation and investing during and after the COVID19 crisis on: April 03, 2020, 07:38:02 AM
Here is my tip, you can invest right now when you can because there are a lot of new and low priced stocks right now which is a gold oppurtunity if you want to earn be it long-term or short-term investment this is the right time. If you don't do it now then the price will eventually recover and that will make it a little expensive for you to invest. And also invest in what you love and what interest you the most.
32  Economy / Economics / Re: The Economy around the world will be very bad in April to May 2020!!! on: April 03, 2020, 06:54:54 AM
Muslims, of course, is faced with the choice of fasting or not, but I think these conditions will cause tremendous economic turmoil, do you agree with this?
I agree that this will cause a turmoil especially those people who hadn't prepared for this which is a lot and I do not blame them because this situation was swift and unexpected.
I hope you all prepare for all the worst possibilities that will occur over the next 3 months
This should be a lesson for everyone who are suffering from the pandemic.
33  Economy / Economics / Re: Cryptocurrency can not replace fiat currency. on: April 03, 2020, 06:16:14 AM
Cryptocurrency will not replace fiat if there will be no continous innovation to integrate cryptocurrency in the transactions in different businesses.
34  Economy / Economics / Re: Will the government understand? on: April 03, 2020, 05:41:23 AM
I think that this is very hard thing to address, the least possible that could help right now would be a financial stimulation but that would not be enough because they sustenance, I think the better solution would be to give items that helps prevent the contraction of virus to workers that will continue.
35  Economy / Economics / Re: Economy is dying but market prices are going up? on: April 03, 2020, 05:04:34 AM
I don't think that would be the case, there are still a lot of functioning businesses that is why there is progress, this economy plummet is just temporary problem it will be relieved and we just have to wait for it.
36  Economy / Gambling discussion / Re: Can crypto gambling be provably fair to regulators? on: April 03, 2020, 04:22:02 AM
I think that will not be necessary because there will investigations when that happens and I think that is not worth it because you have to spend money to have the maintenance of regulators, it is more beter for investigations because I am there will be audit trail.
37  Economy / Gambling discussion / Re: Anonymous Gambling and Self Exclusion on: April 03, 2020, 03:44:48 AM
I think that self exclusion makes the gambling addiction problem makes it worse, with people not admitting that they are gambling will incur a hard to cure addiction, you know that to cure addiction, you first have to admit that you are addicted. This veil that lets you become anonymous will be a bad thing if someday you want to start rehabilitating.
38  Economy / Gambling discussion / Re: cost of making gambling casino? on: April 03, 2020, 02:56:23 AM
Before giving you some sort of "figures", do you know where to start?
You should consider this comment, for me you don't have to use a lot of bitcoin to start a casino, you can use other people's money, don't get me wrong what I meant is get some investors, present the project to them, pitch the price for investment, give them the sweet spot profit (not too low % and not too hgh % or they will think its a scam). Like what Robert Kiosaki said, "Only lazy people use their money".
39  Economy / Gambling discussion / Re: Gambling and health 🤕symptoms on: April 03, 2020, 02:13:21 AM
It might address some health issues, but it will definitely not address the social issues it impose like crime. But consider this, what if this people have the habit of smoking a pack a day or alcoholic in the first place, these are addictions that are different from the gambling addiction. I don't really think that crypto gambling is the answer to helping promote a healthier lifestyle.
40  Economy / Gambling discussion / Re: Do some gamblers actually win? on: April 03, 2020, 01:30:28 AM
The short answer would be yes, there are people who actually win in gambling. If you look at it in a bigger perspective, you will have to consider how many losses the player have also incur, if you put it simply there will be less people that actually won in gambling in terms of profit.
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