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2101  Bitcoin / Bitcoin Discussion / Re: Mining Bitcoin on: September 24, 2022, 06:59:23 AM
Quote
ASIC miners (not cheap)
For now, ASIC prices vary quite a bit, depending on the year of production and the quality of the mining products, but the problem is that it is not enough to only use one, for this reason it seems that not everyone can achieve it.
After all, there are several important factors to consider before buying an ASIC.

1. Hash rate
2. Efficiency
3. Price

How many hashes a Bitcoin miner can generate per second, to get the most out of mining done with ASICs. This efficiency is important to ensure the hardware can run as efficiently as possible in mining, while the price determines the equipment used and can generate maximum profit.
The cheaper the device purchased, the lower the bitcoin mining generated and if the mining hardware is expensive and quality, the more bitcoins will be generated.
Don't try to buy miners based on price or hash rate alone. The best ASIC miners are the most efficient bitcoin miners.

Quote
Electricity cost ( vary on each place)
Some Countries have differences or vary for the cost of electricity required to carry out mining, the electricity available by the government will not be able to offset the income generated by ordinary bitcoin mining.
this will not be optimal, because expenditures and income costs will never be balanced if we use the electrical engineering provided by the government, unless we can build our own environmentally friendly electricity system.

Quote
Mining knowledge(Of course)
Regarding the quality of knowledge related to mining, it may not be a big problem, because nowadays there are many sources that can be easily learned, so it's not a big problem in my opinion.
Of course we need to learn before starting mining, so that the basic mining needs are known and can be implemented perfectly.

Quote
Countries legal stance towards mining bitcoin
We can avoid the state's legal attitude towards bitcoin mining and not violate any rules, by buying or building a self-contained electrical system that is environmentally friendly and does not have an impact on environmental damage, so that none of these are violated in regulatory procedures.

Such as companies that use independent and environmentally friendly electrical systems. However, the problem is that the costs incurred are quite large and not everyone is able to fulfill them.

If you could really that able to have these checklist then you could mine.
You wont really be that dumb to proceed if you do see that you arent gaining or benefiting at all.Right?
Based on the above considerations, very few people want to mine using this method, if the quality of support is not adequate in carrying out the process, this will have no impact if the required tools are not available and are still quite complicated to fulfill.
Therefore, the cost of expenditure will not be offset by the mining results obtained, thus we are wasting time in the wrong place.
2102  Other / Archival / Re: Don't worry, bitcoin is cyclical on: September 23, 2022, 05:52:59 PM
Just another reminder that the bitcoin market is cyclical, and everything that we are seeing with bitcoin now has already happened before and the necessary lessons should be learned from this:
We can see the cycle of bitcoin's journey from several years of its journey until now, it's not so strange the picture you show to people who have known bitcoin for a long time and of course for beginners this is more suitable and must be integrated.
Even in real life the cycle is something that cannot be ignored or separated, it is directly related to the process of its journey.

"That's why bitcoin is more rational compared to others".

Quote
There is no eternal bull run
Quote
No eternal bearish trend
This is called a cycle

Quote
dump is always followed by a pump
and this is part of the bitcoin journey cycle process, which is increasing logical and can be understood easily, without neglecting the close relationship with speculative.
Basically this is in line with natural processes in human life that are in accordance with the behavior that will be caused.
Without these two things, bitcoin would not be as rational as we see it today.

Now the market is dominated by bears, but sooner or later it will end and recovery and growth will begin:
That's how bitcoin works in generating the next ATH achievement, bitcoin's growth is far more advanced when compared to any investment model, even though the presence of technology and science is the driving force for bitcoin to grow.
Uniquely, bitcoin does not need testing, does not need to be used by many people and does not have to involve big people in its ownership, in order to push bitcoin to be more valuable and advanced.

Bitcoin runs itself according to progress, needs and can adapt to the complexity of people who want to get out of the chaos zone of financial freedom.
Speculative is another part that can be found in all forms of investment.

The low price of bitcoin is not a reason for panic and concern. This is the rare opportunity to buy cheap bitcoins. If you miss this moment now, then next time it may not be presented very soon.
This is actually very different when viewed by beginners or the more extreme dislike of bitcoin, because their understanding still considers bitcoin speculative and the same as gambling.
But don't worry, people who are experienced and very familiar with bitcoin must already know this problem very well.

Quote
A correction is a time to buy, not to sell. Don't worry - just HODL (or buy more). Smiley
The last sentence is the best way to remove the fear, worry and panic from every cycle generated by bitcoin, in quotes "beginner"
2103  Economy / Economics / Re: The Impact of the Capitalist System on People's Economic Practices, Really? on: September 22, 2022, 06:06:06 PM
Yeah, and you will end up food poisoning the obese goose you're forced to make 10 eggs a day, we all know how this ends.
And I don't expect an ending like you know, but I want to see a beautiful ending for a fat goose laying ten eggs a day, because honestly I don't want to poison them and end up just dying.

Nope, no way I'm letting you avoid this question.
You presented this as a solution for everyone to ditch loans and invest in Bitcoins because in 5 years they will turn 5k into 30k, you words not mine:
Actually I do not want to avoid, but in fact you have assumed.
It seems I didn't mean that, more specifically I didn't mention the loan you meant.

So again, I'm asking you if this would be possible, why would anyone sell you a house for 30k when he invest 5k and get 30k by doing nothing?
Its nature is more to companies that deal with housing problems, so people are forced to follow their rules, and of course the purchase becomes the burden and responsibility of the buyer, if they take this route to buy a house.

Why do you think inflation happens:
People have more money, there is a limited offer for their demand, and prices skyrocket! The exact same scenario will happen in your example, who will buy the land work to build the house, and do all this when they could simply turn 5k into 30k in 3 years with no work?
This is where the real problem arises, the person you are referring to also does not fully understand how to invest in bitcoin, even the people around me are not very familiar with bitcoin, so the decision to buy a house prefers this way.
What needs to be underlined is that the company is the first party that owns the capital and simultaneously builds the house, while the second party is the bank as the guarantor for the purchase of the house.

Just as in order to make a profit from bitcoin somebody must buy that from you, the same happens with a house, it's not a dead asset as you have to buy it from somebody, just as how you're unwilling to sell your coins now for 10k a piece that guy won't sell you house for 30k.
There's no need to buy from me, and I'm sure you misunderstood the conversation we're having, or I don't quite understand the content of your question.
This is to be straight and not misunderstood, I mean the purchase of a house is a purchase from a private party, they are investors who build houses, while the buyer is free from anyone, but there is an agreement with a second party as a guarantor.
So, I mean houses as dead assets, because they buy houses to live in, not to resell as the first party did.
Well, on this basis I think people should learn more about bitcoin investment, when the investment they plan goes well, then to build a house there is no need to follow them, but we can build our own with the size and model we want.

My focus is here
Quote
So the point of my post is buying a house as a place to live not for a business and that's why I say if someone invests in bitcoin at the right time, then there is no need to buy a house from them (the company).
Because we can build our own according to the wishes and sizes we want
2104  Economy / Economics / Re: The Impact of the Capitalist System on People's Economic Practices, Really? on: September 21, 2022, 08:34:11 AM
With this last paragraph it would seem that you don't necessarily understand or translate the all the information you've gathered from the concepts of Adam Smith across into the cryptocurrency realm.
This is only a piece of knowledge that we can share in real life, this concept clearly has positive and negative values in practice, and not everyone likes or dislikes the concept, so let the choice be the responsibility of each individual.

Investing means you can look at a huge swath of available historical information and make a balanced decision. The people at the point you describe never knew that Bitcoin would double in value, nevermind multiply ten fold
Technical talk can be learned according to one's preferences before getting further involved in investing, that's why a more systematic and measurable introduction to this problem is needed, so that people can know the functions and the best way to invest in bitcoin.

Because Bitcoin had simply only been around a few years which is not a sound basis for making a judgement of it's value. If that same amount was invested at the height, you would have lost 60%+ of the value of your money so far, but the same rabid crowd were still preaching that it will keep going back upwards.
Then if not bitcoin as a basis for consideration in investment decisions taken, what can we provide another example in your opinion?
The problem now is not that bitcoin has been around for several years running, but the value of investing in bitcoin is much better than any other investment system.
As for investing at the highest price and losing 60% as you mentioned, it is just a technical matter to enter the market under the right conditions. I'm also less sure that anyone would lose investing in bitcoin, if that complete understanding is known, either how to enter the market or buy at the right time.
That's why I say investment requires knowledge, does not work according to a narrow understanding, bitcoin is said to be good and perfect because of the long process they have gone through.

From what angle is bitcoin being harmed and what big problems should we be afraid of?

Hihihi, this is just funny.
So after bashing capitalism for three paragraphs we come to the solution that crypto provides to get out of the system , and that's:
It's just improvisation before getting to the actual point of discussion, does this look funny and ticklish. Grin Grin
Because basically I'm the type of person who likes humor before getting more serious into the discussion.

OP, do you know what investing your money (aka capital) and waiting for a return on your investment is?  Grin

You think you have managed to find the immortal golden goose that forever from now one will get you a golden egg and the price of gold will keep on rising, same with crypto, you think that (hmm, not nice including shitcoins here), you will get the same returns over and over again, year after year and that the $ value will keep being the same.
I prefer to take two pieces at once, the golden goose and the egg, because it will breed in the future  Grin Roll Eyes

That's why we have to name bitcoin golden goose in quotes in our discussion, whereas golden egg can be classified under other cryptocurrencies in general.
If the use of both can be done well, appropriate adjustments to the target when entering the market and using a measured strategy in investment, it is not impossible that investment is a step out of the capitalist system.
In the end we can conclude that bitcoin is the best source to run investments for now.
To be more convincing, I have accurate evidence of bitcoin travel for more tangible benefits for me Bitcoin Changes Lives, Touches Non-Formal Education for Underprivileged Children

Btw, if people would be able to turn 5k into 30k in 3 years just buy buying some coins, what do you think would happen to the prices of houses when everyone has millions in their bank accounts?  Cheesy
Since this is a discussion about the house as a place to live, it can be concluded that there is almost no income value from previous purchases, because basically a residential house is a dead asset that has no income value.
It's not like people turning 5K into 30k in buying some coins in the next three years, as long as the coins purchased have good potential value and movement.
So it can be concluded that the benefits obtained will be maximized in the future, in accordance with the involvement in the investment taken.

<snipe
Everyone should have the opportunity to choose financial freedom, without being compartmentalized in one or two systems.
If the opportunities we have are greater in the cryptocurrency space, why not make this a solution to exit any system.
Try to think big to produce more tangible benefits in our own lives.
Because if we don't change, then who else should we give this responsibility to?


CONCLUSION
Quote
That the opportunity to get out of the capitalist zone is one's choice in taking financial freedom actions, Bitcoin and Cryptocurrency are the best choices today, if we are able to maximize and dare to take opportunities.
Comfort zone is not an option for people who are starting to learn bitcoin, because speculative and risk cannot be ignored in this space either.
2105  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: September 20, 2022, 07:28:14 PM
Too much of the postponement has favored Chelsea this week lol Liverpool would want to trash them easily
It also doesn't look easy for Liverpool to destroy Chelsea, in the Premier League Liverpool have won just two of the six weeks they have played, drawing three and losing once against Manchester United.
When viewed from the series of matches they have played, Liverpool are also in a bad condition.
Likewise with Chelsea, they only won three times, lost two and drew one, from the six weeks they played.
That means both Clubs are in the same trouble.
It's just that Chelsea is superior in the number of wins, but not necessarily Chelsea can beat Liverpool in that match, I think a draw is more than enough for both of them.

New Manchester United manager Erik ten Hag has been compared by midfielder Bruno Fernandes to Pep Guardiola and Jurgen Klopp because of the way he instilled discipline and a certain mentality at Old Trafford.

Manchester United appointed him as permanent manager in May. However, the Dutchman's tenure as United manager started badly when he lost his first two games.

But since then, the results have improved, and United have won four Premier League games in a row to move up to the top five of the table.
Football also has an important role in terms of discipline and hard work, the players will build awareness to work together to improve skills.
This factor will influence the club to be better than before, since the coach was taken over by Erik Ten Hag, Manchester United have progressed, although in the first two matches they lost.
Erik Ten Hag is a coach who loves discipline and hard work, and it is evident that Cristian Ronaldo has lost his influence, not playing from the first minute and only coming off the bench as a substitute at the start of the season.

Erik Ten Hag has similarities with Pep Guardiola, although it is clear that the contribution of the titles given cannot be said to be the same, especially since Erik Ten Hag has just coached a big club, while Pep Guardiola has been for a long time. So that the comparison of Pep Guardiola's success cannot be compared with Erig Ten Hak who has just coached Manchester United.
2106  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: September 20, 2022, 06:05:08 PM
Playing at home, Athletico was able to control the game throughout the match but unfortunately they had to concede first with Rodrygo goal
Atlético Madrid is a club that uses a defensive strategy in every big game, almost all competitions that I have seen, atlético Madrid do have a pretty good defense, even their defensive strategy is difficult for opponents to penetrate, although not all matches result in wins
But this time, Atletico Madrid played quite open and didn't defend completely, it's just that they were unlucky and unable to secure the points.

I think Rodrygo, who was plotted as a substitute for Benzema, was able to replace Benzema position well and made it possible for Ancelotti not to be too confused when Benzema was injured like now this
Ancelotti had other options but to include Rodrygo as a substitute for Benzema, but Ancelotti had a strong drive for the decision to play Rodrygo in the game, so Rodrygo took quite a good chance in this game.
Ancelotti was very right in taking this decision, so Rodrygo answered quickly in the 18th minute, Rodrygo's goal made the Real Madrid players more confident, so in the 36th minute Federico Valverde scored an additional goal until the first half ended.

I saw that madrid played quite effectively in that match even though they only had a few chances but indeed we can't doubt the mentality that madrid has so far, even though they are in a crippled condition due to their main striker being absent but that doesn't make ancelotti squad weaken at all.
When viewed from 90 minutes of normal time, Real Madrid actually had difficulty playing openly and lacked possession of the ball, because Atletico Madrid were quite dominant in possession of the ball and set the rhythm of the game.
But one thing I see is the mentality of Real Madrid really as the masters of La Liga, under any pressure they are able to make a surprise three points, Ancelotti is a coach who knows how to place the players' needs against any club.
For that I take my hat off to this old grandfather who still feels young.
2107  Economy / Reputation / Re: [self-moderated] Report unmerited good posts to Merit Source on: September 19, 2022, 05:48:55 PM
Hello @LoyceV
Here are some entries that I have, I hope it doesn't disappoint you. Thank you

1. How to save as food inflation jumps more than 11% in a year

2. Is the pet industry recession-proof?

3. Differences in Cryptocurrency, Bitcoin and Benefits in General

4. The Impact of the Capitalist System on People's Economic Practices, Really?

5. Bitcoin Changes Lives, Touches Non-Formal Education for Underprivileged Children
2108  Economy / Speculation / Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion on: September 19, 2022, 04:27:20 PM


Can we describe how shady, beautiful and enchanting bitcoin will be in the future, this dream is just a picture of the desire to fight the challenges of achievement, which was initially thought impossible to become more real.
Then where are we, when this achievement is perfectly realized?

Isn't Bitcoin the source of the solution?
2109  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: September 19, 2022, 02:04:59 PM
Atletico Madrid were not weak opponents. Also, at the home, Atlético Madrid is always strong. Even then, Carlo Ancelotti took the risk. And he rested Benzema and put his faith in the younger players. And the young players did not disappoint Ancelotti. They managed to earn full points. Real Madrid won 2-1 with goals from Rodrygo and Valverde despite Vinicius not scoring.
Real Madrid was able to prove that they were able to maintain a positive trend in 6 weeks, previously Atletico Madrid wanted to end Real Madrid's positive trend at home, but in fact they were not too strong to beat Real Madrid.
Ancelotti did not risk resting Benzema, but the player suffered a knee problem against Celtic the previous week in the Champions League, which forced Benzema to rest in the Derby match, even in the match against Celtic Benzema was forced to come off in the 30th minute and was replaced by Eden Hazard.
2110  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2022/23 on: September 18, 2022, 05:39:14 PM
The match between Villarreal and Sevilla ended in a 1-1 draw. Sevilla had 55% possession during an exciting match. A free-flowing game played between the two teams, with short and long ball passes landing in the penalty area. Oliver Torres' goal for Sevilla in the eighth minute gave them the lead in the first half while Villarreal's only goal came in the 51st minute by Alex Baina. With this result, Villarreal are 6th in the standings and Sevilla are 15th.
Villarreal had six chances to shoot on target, but unfortunately didn't score more than one goal for them, while possession was won by Sevilla by a small percentage, the match was quite difficult and both clubs attacked each other, five Sevilla players were given a yellow card by the referee in the match for committing violation.
Five important saves were made by the Sevilla goalkeeper, which saw them avoid defeat and earn a point in the game.

This draw puts Sevilla in 15th place with five points, the next match will be even more difficult for Sevilla, because they will face Atletico Madrid on 01 October.
2111  Economy / Gambling discussion / Re: Premier League Prediction Thread 2022/2023 on: September 18, 2022, 07:28:34 AM


Two matches have been postponed

 

Two matches to be played

Even though the British Government allowed the Premier League to continue in the midst of the current mourning conditions. However, the Premier League chose otherwise.
It will be a loss for the postponed teams, given the hectic schedule of fixtures they will face going forward, and the other two matches to be played this week, without the same delay.

If the reason for the delay is 12 days of mourning in memory of Queen Elizabeth II. But it's actually unfair if other matches are still being played, it seems there is another reason for the delay, but it seems there is a lack of police personnel to protect the match
2112  Economy / Economics / Re: How to save as food inflation jumps more than 11% in a year on: September 17, 2022, 05:05:10 PM
The best way to fight food inflation IMO would be to stock up on as much food right now as possible (nonperishable foods, obviously).  Everything else is a crapshoot.
The cause of inflation is usually due to an increase in demand for a certain type of goods or services. When demand increases while the stock of goods available is not sufficient, there will be an increase in prices.

I've heard economists say that one way to suppress inflation is to stockpile basic foodstuffs, because these are needs that must be met and everyone must and is compelled to buy. I also have the idea of ​​keeping inflation lower, assuming that each head of household collects basic necessities for as long as he can. For example, where we live the main food is rice, so what has to be stockpiled is rice as the raw material for rice, because without rice it will be difficult for people to survive, while the side dishes can be adjusted.

Inflation is caused by several things, natural disasters, wars between countries and also caused by Distributors, because they know when demand increases they can sell at a higher price, so hoarding rice is a way to make a profit. Regardless of the impact and risks that will be experienced by many people, it is appropriate to suppress inflation by hoarding as much basic commodities as possible. Thus, when basic commodities are available to the public, the prices of these goods will automatically fall by themselves, so that Distributors will resell these staples at standard prices.
2113  Economy / Economics / Re: King Charles pays no inheritance tax on the Queen's $750M private estate on: September 16, 2022, 09:42:38 AM
As far as one can argue about this, if there are special rules governed by the system, the power of the state is not greater than the influence of the kingdom, when compared to the presidential system, I think in this realm it is final, considering the many things and positive impacts that the Queen has made for the country.

Personally I don't really understand the legal and statutory issues in the royal system, that when the royal family leaves they are exempt from the death tax. Even if the law has been formed, talking about the legal power to change the law still looks weak to propose revisions, especially Queen Elizabeth II (Specific) is the longest-serving leader of the British Empire, reaching 70 years. I think it will be difficult to argue in this area. Even people in the parliament themselves do not dare to agree if someone proposes it.
Although in reality there may be many people who do not agree with these rules, but that is the royal system that applies to this day.
2114  Economy / Economics / The Impact of the Capitalist System on People's Economic Practices, Really? on: September 12, 2022, 04:56:46 PM
The capitalist economic system is a system in which private business actors own and control property according to their interests. An important factor of the capitalist economic system is the profit motive according to Adam Smith's theory. In his book entitled "Wealth of Nation", he explains the concept of laissez faire and the principles of the invisible hand.


Capitalist Illustration Image

These two concepts are the basic framework for the formation of the capitalist system theory, which includes the value of goods and services, structure, consumption prices, and production prices. There is a shortage in the capitalist economic system, because their goal is not to see the impact of consumers, but rather to the value of profits from the products and services issued. Thus it seems that the capitalist style will destroy the order of life of the little people, in making purchases, be it products or services.

Let's see how they work, in the area where I live, currently intensively promoting various types of houses, where they work with banks as third parties. However, in this case, the Bank is authorized to determine the prospective buyer, based on consideration of the criteria, employment status and agreed terms. However, it must be understood that Real Estate is different from Real Property, both which can involve the government in its management and those related to financing and settlement as building ownership.

Terms and Rough Figures For the Purchase of a Single House

1. Time period
This relates to the time period agreed upon by both parties (the Buyer of the House and the Bank), the longer the agreed year, the greater the profit received by the third party.
Because the buyer will continue to deposit every month according to the current year's agreement.

2. Advances
The amount of the down payment that must be deposited depends on the agreement between the home buyer and a third party (bank), taking into account the conditions they provide, the smaller the down payment, the greater the monthly deposit.

3. Monthly Installment
Installments determine the price of the house, because the smaller the agreed monthly installments, the longer the ratio of the specified repayment period, so the more expensive the house price.

  • Term of 20 years
  • Down Payment $5,370.21
  • Monthly Installment Ratio $134.26

Let's count?

20 Years X 12 Months = 240 Months
1 Month Deposit $134.26 X 240 Months =$32,221.25
Down Payment $5,370.21 + 240 months Deposit $32.221.25 = $37,591.46

Total for one house $37,591.46

In fact, if we buy land and build our own house, without using their system, the money we need is about $16,781.90

So, if the term of the agreement is long (Current Year), then the third party will automatically benefit $20,809.56, because the monthly deposit will run according to the year and the agreed down payment.

This is an example I got in the field, a few weeks ago?
Actually, I have conveyed this example earlier in this post Why the european housing market is about to crash, But because I think this is interesting, then I try to recreate my post?

This looks pretty crazy, the way they rob people of financial freedom, where for a need (a house), people have to spend that much money and not to mention talking about monthly deposits during the agreed-upon agreement. Of course, the consumer has the authority to buy or not, but if it is considered a house is a necessity, what can they do?
In the context of Economics, there is nothing wrong with this capitalist system. But there should be other ways that can be done to not be burdened by the system, so that people are not trapped in something that is not necessarily capable of being done.

Now I want to combine buying a house using this system, with investing in crypto and bitcoin. Maybe this can be a reference, especially for those of us who are in this forum. If people currently choose to buy a house, then they have to make a down payment of $5.390,11 as a condition and they continue to deposit a monthly fee of $134,75 for the current period (20 years).

Just imagine, if we invest $5.390,11 in bitcoin or in altcoins, if the return on investment is maximum and we do it at the right time, then to make one house no more than 1, 2 or 3 years running time, without having to wait for repayment annual fees that run according to the agreement. Of course, the investments that we make also have the impact of risks and losses, if someone does not understand the pattern and the right time to enter the market, this problem is related to knowledge, which may be learned before starting an investment.

But that doesn't mean the risks are unavoidable. Because there are many things we can learn before starting, be it investment knowledge, strategies and how to enter the market at the right time. Because what I see, the pattern of buying a house that they do, is no less than the danger posed by investment, meaning that both processes have the same risk, only in different conditions and portions. Oddly enough to understand, if we want to get involved in such a home buying system, despite the opportunity for change, we can do so through investment.

Whereas in Crypto systems in general we are used to determining the direction of freedom we want to do. Instead I think, cryptocurrencies are a way out of a problem they can't solve, towards housing needs for low-income people. By making the right investments, we will save ourselves from problems that are considered incapable of becoming easier. Technology that has developed, will pave the way for everyone who wants to learn to do something new.

Why did I mention cryptocurrency and not specifically Bitcoin, because the concept is more accessible to the lower classes, because talking about cryptocurrencies in general, it has a cheap purchase value, but the return at a certain time is quite maximum.
2115  Economy / Economics / Re: Is the pet industry recession-proof? on: September 11, 2022, 06:10:59 PM
But when it is expected that during an economic crisis, people would pull back on spending on their pets, it turned out the opposite. According to research by Edge by Ascential, the pet industry is forecasted to reach $281 billion by 2023.
I try to summarize some sectors that are vulnerable and resistant to the recession process, by looking at various considerations that support sectors in the US.

  • Global Market
  • Financial sector
  • Real Sector

These three sectors are relatively large in the US, so the potential for recession is greater, in fact this is a picture of the most recession-prone sectors in various countries.
While the business industry that has resilience during a recession.

  • Health
  • Technology
  • Education

Because these three industries are not sensitive to rising interest rates and these industries are needed by many people when the economy is in recession.

Meanwhile, the pet industry did not have a major impact on the occurrence of a recession, because the supply and expenditure of this industry was not directly related to secondary or primary needs. (replaceable)
Furthermore, a recession is associated with a declining domestic product, a negative real economy in two or more quarters and a major slowdown or contraction in economic activity or vice versa.

Animal protection laws: Countries now have written laws that protect pets against maltreatment and suffering. These laws are really enforced in developed countries and not in Africa where pests are exploited.
Including animal protection laws, but in the next comment you said that stray dogs and cats are caught for slaughter.

In some developing countries, dogs and cats are good meat. They are reared for meat and stray dogs or cats are captured and slaughtered. African culture doesn't support keeping animals as pets. Most dogs are reared for hunting or for guiding flocks. This part of the world has some of the best-hunting dogs, that can kill rabbits and bring the meat to the owner without several bites.

Do legal references only apply to pets, but not to wild animals.
This confuses me?
As far as I know the law is used in a general sense, there are no exceptions in its application.
If your assumption is correct, then the person living in the area you mentioned is breaking the law.

Covid-19 Pandemic:
>snip
The area where I live, COVID-19 has started to disappear, activities involving face-to-face meetings are running as usual, although the economic impact has not recovered 100%.
However, it seems that it is no longer in the dangerous category, just waiting for the economic recovery to continue, because people still cannot get out of the economic problems that hit when Covid-19 occurred.
2116  Other / Beginners & Help / Re: [Merit] Share your best posts/threads with Fillippone to be merit assessed on: September 11, 2022, 03:02:23 PM
Fiat Banks Conspiracy Against Customers. Bitcoin is the Best Option
Category: Good reply
Section :  Bitcoin Discussion

Bitcoin Legal Tender in Central African Republic
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Section :  Bitcoin Discussion

Singapore is the second country to follow in El Salvador's footsteps, do you agr
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Section :  Bitcoin Discussion

Why has bitcoin adoption failed in El Salvador?
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Section :  Bitcoin Discussion

Interesting facts about Bitcoin
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Section :  Bitcoin Discussion

I'm sure people will grow even more, when they get support and corrections for improvements that are being made.
Thanks for this thread @Fillippone
2117  Economy / Reputation / Re: Why I have been hated by the Bitcoin Forum leaders? on: September 11, 2022, 05:58:18 AM
I'm so sorry satoshi never introduced us a bitcoin ambassador before he went into hiding or disappeared.
Could be so, thus motivating @DigitalMonk to make a confession.

Maybe this has a correlation!!!
There is a huge demand, many people want to know, who is Satoshi ?  There are many people were thought to be Satoshi and few others are claiming to be Satoshi. Some of them are scamming investors impersonating Satoshi Nakamoto.

I think it is time for Satoshi to prove his identity and end the chapter 'hunt for Satoshi Nakamoto.'

Now,  how Satoshi can prove his identity ?
Please make a list in this thread. Ask any question you want to ask ?  Make comments and reply to other people's question.

Hello everyone,

I am planning to build a sophisticated Bitcoin Explorer which will benefit every one trading Bitcoin. I need your help to complete my project. Once you help me, I will give a good reward in exchange of your works. You won't be unhappy because I am a Digital Monk. You will get a surPrize when you will know me.
And this proves, that he is not a beginner as described, It could be, he also wants to be like Satoshi in the ever-growing Digitalization Age.
Entertaining enough from the tiredness of activities outside the forum.
2118  Bitcoin / Bitcoin Discussion / Re: Fiat Banks Conspiracy Against Customers. Bitcoin is the Best Option on: September 10, 2022, 06:42:23 AM
Some people were even saying that they will sue their Banks in court to know why they can't take their bown money on their willing time to spend.
Honestly I've never heard of a bank that forbids people from taking money, this confuses me?
My assumption is that the bank does not prohibit people from taking their money, maybe the bank is filling money at the ATM, so it takes time to complete the filling process (if the assumption is correct).

I can use my fund at anytime. The only thing that can hinder my transaction is network.
But for this I strongly agree, that the bank's work system is too slow in serving consumer complaints, this is inversely proportional to the crypto system which experiences speed in terms of transactions, but the next problem is the network, when the area where we live the internet is not strong, then this too becoming a problem.

My thinking is actually more about developing resources, so that the application of bitcoin in everyday life can run as fast as transactions that we know. Public awareness of Bitcoin usage will actually increase further, when processes and resources are fully supported.
I am sure it will be achieved in the near future, because people's awareness of this problem is getting bigger
2119  Other / Meta / Re: [CHARTS] Brief monthly overview of the local boards activity on: September 09, 2022, 07:14:54 PM
You already know how the merit system works, but you may be looking for ways to earn more merit. At the very least, your history of merit has made it clear to me indirectly that you know how this system works.
Someone can clearly analyze my desire to get more merit, it doesn't matter that's everyone's right.
But as I said before, hard work never betrays results.
Actually this is the point I want to learn?
And that's why I went into various sub-discussions to broaden my knowledge.

Maybe my thoughts are still a little ambiguous in understanding the merit system or services that I want to provide, so I need a lot of mentors to discuss, because in the past I didn't really pay much attention to the substance of the problem.
For example, what I'm responding to, if I don't try to fix it now, I'm afraid that in the future I won't be able to do anything for this beloved forum. That's why I get into posts that sometimes I don't master more deeply.
I also don't know if this is wrong?

I almost forgot to remind you, if you want to continue discussing how the merit system works or anything related to it, then let's continue here: Merit & new rank requirements
And thanks for this one.
Maybe in the future I can learn more about things related to this, so that in the future my knowledge will be more in-depth about the source of receiving/providing services.
2120  Other / Meta / Re: [CHARTS] Brief monthly overview of the local boards activity on: September 09, 2022, 04:27:35 PM
Instead of expecting perfection from merit source, then find your own way to contribute to whomever you think is worthy regardless of whether you like doing it on a local board (recommended) or on a global board.
It's not bad to expect from the source of achievement, because that is the most likely choice.
But the question is, do we fall into their category?
I agree more with this parable "Because the process never betrays the result".
I mean, when we start identifying ways to make a positive impact on others, that's where we're most likely to stick around.


But I don't urge you to do that because maybe you have your own way of how you want to contribute whether it's about merit or maybe with your quality posts.
Everyone has their own limitations and advantages when choosing a place to go.
Choosing one, is the most likely thing to do, either achievement or post quality. Because people will develop, when they always pay attention to the drawbacks that must be corrected and take the time to learn.

So far I've also started learning how the merit system works, they will come when someone starts to raise the standard of quality and is able to make a contribution.
While the pattern may be different, some come with little benefit and some come with all at once.

  • Quality
  • Innovative
  • Constructive
  • Statistics
  • Contributions

Are parts that need to be selected and improved, so that the way the forum works will be more systematic, measurable and run well.
Because if you hope all at once, it may be difficult to achieve in the near future.
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