The Sango legal framework has some drawbacks that might make investors doubt the sincerity of the government of Central African Republic. I am glad that the government have acknowledge that it should be refined to reassure investor that their investment is safe now and in the future. Also there should be a guarantee that even if the present Bitcoin friendly government leaves power, subsequent government would not abandon the Sango project. Overall, the thing that is quite difficult is inheritance, especially related to the change of power, but that doesn't mean it can't be done, sango can be used as a long-term project that cannot be replaced in the future by the next government, this change can be regulated in state laws and regulations and approved by parliament, the legal framework is made permanent and binding, so there is no reason the next government will abandon the Sango project. Furthermore, for the Sango project to achieve its objective, the government should start implementing some of the infrastructural projects that it has proposed. What the world or investors need now is proofs, we need to start seeing pictures of the installation of internet facilities, electricity connections , Bitcoin educational programs, etc. Government actions would also propel or attract more investors.
This is related to the technical implementation of the sangoe project, starting from building infrastructure, internet facilities, electricity, educational programs, promotions and most importantly providing a sense of security for citizens in particular and investors in general. If this sense of security has been provided, with the legislation in place, it will be easy for investors to enter the country, either establishing a company or taking part in the sango project. As I said earlier, no country can resist technological advances in the crypto field, isn't this a good opportunity for the Central African Republic? If you do not have binding legal force and make Sango a long-term project, this will be a big problem, when the power changes in Africa, the government in this case has a view, so the launch of the Sango project is considered necessary. At first glance, I have given a view on the reply to the post above, according to the analysis and analogy of the problem. but when viewed as a whole, the Sango project also has the advantage of touching the middle class in this country here, I also have almost the same view as you, the Sango Project can be used as an alternative for low-income citizens in the country, as an initial decision, before going too far into bitcoin, thus Sango is a stepping stone for citizens to start investing further to bitcoins. The population of the Central African Republic is 4,666,377 people, the income per capital is not clear in what range, but some releases that I read, generally the people there are still categorized as poor (Source: https://id.zhujiworld.com /cf). Based on these considerations and analogies, it is possible that the Sango project can be developed, touching down to the grassroots, so that the growth of crypto in general and bitcoin in particular will run well in the future, if this infrastructure is perfect, then Bitcoin will find a suitable place in that country. The simple analogy I gave can also be related to bitcoin in the past, although these have nothing in common in their journey or development. I mean, if bitcoin wasn't seen as the best crypto and didn't fall into the category of means of payment (in the past), then today that perspective has changed and bitcoin is the best asset. Likewise with Sango, if they are not able to make this project as good as bitcoin, then it is possible that the project can be made on a local scale which can help the community to develop. Something that is impossible, will look perfect with serious implementation and good management. If you put this in a narrow perspective, then everything that is done, will not reach the greater stage. The Central African Republic knows how to serve the people and prepare the infrastructure for technology development, this deserves great appreciation, for their initiatives, ideas and ideas
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The “Sango” project is believed to be able to increase the growth center of legal crypto, its aim is to attract businessmen and crypto enthusiasts, so that bitcoin becomes more widely adopted. The President of the Central African Republic recognizes that doing all this requires support, so the legal framework needs to be refined, so that the bitcoin issue does not become a problem in the future. This project is considered strategic and visionary in increasing sources of state revenue, with the law, it will certainly make it easier for crypto companies to enter and establish companies. So the emphasis on the State is no longer a scary thing, with guarantees of corporate rights and other instruments, thus special economic zones will have the same space as in the physical world. This president is quite visionary and able to read opportunities, because in fact no country can stop the Cryptocurrency revolution https://www.google.com/amp/s/voi.id/amp/183855/presiden-republik-afrika-tengah-luncurkan-sango-jadi-mata-uang-kripto-resmi-negara
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1. Investment assets.
Developed countries like Singapore have a different understanding of Investment Assets, they are more likely to put money in something that can generate profits. For example, buying bitcoin, as the discussion we are discussing 2. store of value and
Fiat currency is considered to have failed as a store of value, because it has a much greater intrinsic, bitcoin has utility as a store, that's why bitcoin deserves to be kept in its form. 3. There are those who consider Bitcoin as currency.
Bitcoin as a currency, because it is very possible to be applied in buying and selling, both goods and services, the characteristics of bitcoin itself have a value that can be exchanged, so it is quite possible for bitcoin to be legal in application, this movement has been initiated by El Salvador. The switch to payment instruments can be done as long as people's understanding has developed, accommodates what needs to be improved and provides security guarantees in the use of bitcoin. Talking about adoption, l can say that the average Singaporean, probably almost all of them have bitcoin HODL Bitcoin, the majority are men and the rest are women, for that I believe Singapore can be better than El Salvador in adopting Bitcoin or considering it as a payment asset, in the future.
On this basis I think Singapore will be much better off in terms of adoption and legalization of bitcoin as a legal transaction tool. Although in fact today, they are not yet fully implemented, but if you look further, this is very likely to happen
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That is why it is necessary and very important to link an active email address to a btt account, because if this happens to anyone, you can try to forget the password.
An easy way that you can recommend 1. Login BTT Account 2. Click Forgot Password 3. Select the option send code to email address
This can be done, as long as the linking email has access, so that the account can be reused and change a new easy-to-remember password.
But if the linking email is not accessible, it gets more complicated. Alternatively, asking for help from someone who understands the network, mobile email can be disabled.
Notes: 1. Always store passwords in a safe place 2. Don't create the same password 3. Use active email for bitcoin account
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Bitcoin is the first crypto currency that is in high demand by people today, showing how important bitcoin is in both general and specific perspectives. If today people look at the charts and analysis of Money flows on Binance and invest one bitcoin, then as long as the big pump going on for bitcoin will be something very valuable, it can provide the maximum return on one BTC bought today. But unfortunately the public does not see this opportunity, as an alternative long-term investment to increase their financial portfolio. The image above is only a partial illustration, what if someone could afford to invest in bitcoin.
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Manchester United's victory last night was the beginning of the revival of the Red Devils team to pursue the points that were expected by their fans. but that does not mean Liverpool will be silent. The Reds will continue to improve at least FSG Liverpool owners continue to look for solutions, especially in fixing Liverpool's midfield which is haunted by a storm of injuries.
It's not easy to find the right formation to rotate some players, they had a very bad two weeks in the league, the players lost confidence and continued to be under pressure, until in the end Eric Ten Hak took the alternative of rotating players, the strategy worked very well and proved capable of making Liverpool difficult to score goals. A good start for the revival of Manchester United, because they were able to beat Liverpool, will then be proven against Southampton, whether Eric Ten Hak is able to give a second win. You can see how Jadon Sancho goal happened. When Elanga delivered a pull pass to jadon Sancho, Trent Alexander-Arnold I thought should help chase to dissuade Sancho when he attempted to deflect a shot towards the Liverpool goal. He (Trent Arnold) is seen standing at the sight of his comrade lying down.
Trent Alexander-Arnold made no attempt to cover Jadon Sancho's space as another Liverpool player fell, opening up Jadon Sancho's chance to pull the ball and deflect a shot on target. Eric Ten Hak must be proud of him, because the goal opened the hopes of victory, so Manchester United played open until the game was over
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There are two reasons people don't believe in bitcoin. 1. Frustration, this is caused by being too imaginative, maybe you are a person who failed in investing, so bitcoin becomes a scapegoat for your failure. If you live in the Jahiliyah era, maybe some will never believe Mobile, airplanes and technology will exist, because at that time the only transportation used was horses, no cellphones and technology. One thing you forget, that the journey of the Jahiliyah era to the present, many things we see are beyond logic, but in fact they have been enjoyed by people.
Don't narrow down knowledge, we are taught to enter into different fantasies, but not to resist progress.
2. You got to know bitcoin from the wrong person. This story is unique, because in the area where I live, many people used to think bitcoin was not real, but finally they understood bitcoin and were not allergic to explore further, what I understand from the post you made, this is a concept of fear and something that design for a specific purpose.
I saw the post history along with your comments on the forums, people say you are a bank worker, this is understandable when you hate bitcoin so much, are you guys deliberately designed to continue attacking bitcoin. "this looks funny"
It looks like you've been giving a speech in the middle of a soccer field for a long time, but unfortunately your speech was not heard by the audience!!!
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If you have read my comments here earlier you will notice where I pointed out that Manchester United will need to perform are a miracle in the match against Liverpool and last night, the game proved that Manchester United have re-strategized their formation to beat the most tteamsin their group this season.
Liverpool's underperformance in the last night's game is quite unusual and Manchester United took advantage of that to make a big difference in their point on the table, this match also shows the level of preparedness in the side of the club which has lost several matches in the past.
Erik Ten Hak's strategy worked flawlessly in that match, Super Pressing was done very well by the players, the rotation was quite impactful, with Erik Ten Hak using Diogo Dalot, Raphael Varane, Lisandro Martinez and Tyrell Malacia to defend the defence. Manchester United's game scheme already looks good from the start of the game, despite losing possession of the ball, the only player I think is less than optimal is Bruno Fernandez, this player has lost the ball at his feet several times due to holding too much. so there are some opportunities that can't be solved perfectly. Other Manchester United players played quite impressively, even Mohamed Salah was made difficult to develop and create chances, so Liverpool had quite a hard time breaking into United's defense, many Liverpool players were frustrated and couldn't do much in the match.
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If we talking about matter of time, then the other countries will be same too. We're only need to wait until Bitcoin price already very high and it's less volatile But the resources they have can allow it to be realized more quickly, legalization of bitcoin as a means of payment is possible, or limited to the few products and services that can be used. In general, they can also refine things that are deemed necessary after the rules are put in place first You're wrong by saying Singapore is the most Bitcoin friendly after El Salvador, but the correct is Central African Republic.
Looks like you misquoted, I'm not saying Singapore is the most Bitcoin friendly after El Salvador, you can reread my posts and comments. So I wouldn't be surprised that up to this day, the government of Singapore is very incline to new technologies like crypto or bitcoin in general. Again, if they become a hub, good for us as they could have been one of the best countries for a crypto startup. Singapore has abundant capabilities and resources, technology in the country is also quite developed, it is not impossible that Singapore will be the best country for crypto startups, but time is decisive and opportunities must be seen as positive, that's how developed countries work to accept something new. The possibility is because that there's now a larger market from the crypto market and that's what they have to do filter transactions coming in and out from their country. Maybe this mess is related to tera luna, as are some of the releases I've read, forcing them to review the standard rules, maybe it's also a way of suppressing decentralized transactions, so crypto is the only one that works and doesn't. have many entrances for other (Controling) In that case, Singapore would be the first rich country/city that would accept Bitcoin as legal tender, which would be a departure from what we can currently see - which is that mainly poor countries are interested in Bitcoin in this sense. In this context, it makes no sense to compare Singapore with El Salvador, which are two completely different worlds, especially when it comes to welfare and economy.
It is not appropriate to compare Singapore with El Salvador in terms of economic growth, these two countries have vast differences. But I don't mean that, but rather the method of adopting bitcoin by El Salvador, so that Singapore can legalize bitcoin as a legal means of purchase at a later date, after regulations are established and the public begins to accept it. All they are doing is "regulate" crypto currencies to make it "more friendly" (more like to try and control decentralized currencies) for their own benefit. This doesn't mean they are "the second country" to follow the footstep of El Salvador. There are literally countries that are more friendlier and has better crypto currency regulation. So Singapore isn't the second or anything. You might call it the "third" if they do make it a legal tender.
My point is only on legal tender, but the comparison remains with El Salvador, because the only country that is trying to be different, towards the adoption and legalization of bitcoin, might be a third, fourth country for Singapore Regulating is completely different from making it as legal tender, I don't see any trusted source says that bitcoin is going to have a legal tender status in a country like Singapore because its one of the business capital of the world and a country which try to adopt anything and everything if it benefits them so they are regulating which is good also bring more revenue.
But it also doesn't rule out the possibility, it hasn't been agreed by Singapore to make bitcoin a legal tender, this is just a discussion and analysis that I made. Based on the new rules they are starting to develop, but at least Singapore is starting to open up to a more advanced direction, in the context of crypto in general and bitcoin in particular.
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Though El Salvador has bought Bitcoin, a huge amount of it, however, it never means that they have the power to control its price. What they meant is just they failed to urge people from adopting and use this as a form of currency like fiat money. They overthink what will happen after having such regulations implementing Bitcoin as a legal tender, yet people are still in the struggle because they are not familiar with this. I think they need time to prepare themselves and make other strategies in order to encourage their people to adopt Bitcoin. Not really fail, unless they will quit.
I never mentioned price controls, I mean money laundering controls or bad behavior involving bitcoin, nor am I sure right now they're a total flop, because from all the news circulating, the people who come to protest don't really know how bitcoins work. It could be that this is specially designed and financed by the people concerned. The goal is the same, so that El Salvador is no longer trusted by its citizens. This country is almost generally aware of how bitcoin works and its adoption, so far I haven't found a compelling reason to use bitcoin forcibly, so it's very possible that this was specifically designed by people, many news sources I searched for, the discussion is almost the same, meaning this is happening not because of something the people there want, but the riders to bring down El Salvador
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To be honest, I am very happy and touched by your humble way towards these less fortunate children. But my focus is more on the rules that apply in your country. Humanly you have earned points from the activity, the children feel happy with the gentle touch.
But speaking of the law, will this not have an impact on you, regarding the allegations of exploiting children for the promotion you run. "You mentioned the prohibition against the promotion of bitcoin".
I still support the activities that you do, but fellow people who live in a country of law, it never hurts to remind each other, hopefully this is not used as an excuse, for legal problems that are directed at you.
Very respect and full support for your activities friend!!!!
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Regarding your first point about struggles in the economy in the event that bitcoin prices continue to fall. I am not sure if El Salvador is in a worse position because they are involved in bitcoin because there is also evidence that El Salvador's involvement in bitcoin has brought in revenue too, so the evidence does not necessarily support that their getting involved in bitcoin has caused them to perform economically worse than if they had not gotten involved in bitcoin. Of course, future BTC price performance could bring some further facts to this issue, yet I would not presume that the ONLY direction of BTC's future price performance is down, especially since BTC's current price performance is at (and even below) the 200-week moving average which are historical lows. Sure, the BTC price could go lower, but it is not guaranteed to go lower as you seem to be presuming in your comments.
Regarding your second point regarding El Salvador's using bitcoin's transparency to crack down on crimes related to money laundry or taxation. I doubt that their focus is on those kinds of activities as much as it is upon just promoting the growth of bitcoin. Of course, both can be done at the same time, but in essence El Salvador has pretty liberal tax laws in regards to bitcoin because it is treated as a currency, so there would not be any extra tax burdens by using bitcoin - so I would suspect that if there are any extra tax issues that are coming up because of bitcoin in El Salvador those would be more fringe issues rather than falling under the main ideas around their various current efforts of just wanting to promote the growth of bitcoin throughout the country.
Trying to assume more extreme, I believe that Bitcoin is at a low price El Salvador will have a large enough impact, if it is true that the news report from the IMF they use greater public money in the adoption of Bitcoin in the country. I mean chaos will be specifically designed by people who try to weaken El Salvador, as a country that recognizes the existence of Bitcoin and invest some state money. This design aims to undermine El Salvador, towards the adoption of Bitcoin as a financial freedom, thus the Fiat currency does not feel disturbed by some people. This moment is the same as the beginning of the emergence of dollars in the country, where there is a special agreement on the purchase of products from those who must use dollars and are not justified using other currencies. The goal is the same, they can take two sides of the profit 1. Dollar is maintained and stable 2. Exchange of money will provide multiple benefits for the country, because the currency of other countries if exchanged with dollars will generate huge profits for them. Has our discussion shifted away, please forgive me? The second point concerns criminal behavior, this is easier to do if El Salvador experiences distrust from its people. Well, based on these suspicions, it is necessary to strengthen El Salvador in any way, especially since they are a country that is free to adopt bitcoin and openly legalize bitcoin. The biggest goal is that bitcoin and fiat currencies can grow at the same time, without being tied to competition or having to kill one of them. Hopefully my wild assumptions are wrong and don't cause problems, honestly I'm very proud to discuss with you, greetings from me master @jayjuaneee
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For example, in regards to bitcoin's price volatility, of course, any of us should be able to look at the price charts and to see that historically bitcoin's price has been quite volatile, so it would be difficult to blame El Salvador for bitcoin's price volatility, but it is possible to blame them if they were making representations about the BTC price and suggesting the BTC price to be more stable than we know it to have had been historically. So sometimes there could be mistakes in terms of the government or its officials seeming to get too caught up with some of the hype and even making representations that the BTC price would not go below certain price points, and then they end up getting proven wrong because King Daddy does not give any shits about their thoughts/predictions about how low its price might go or not.
But on the one hand, the volatility of Bitcoin can lead to a buildup of debt that results in countries in Acquisitions, recessions and state revenue chaos, this is proportional to the larger funding of the public money they manage. I even read some news about El Salvador's economic growth slowing in 2%. My prediction is that el salvador will experience a much bigger wave of protests from its citizens, so that when the price of bitcoin drops, certain parties will experience serious problems and the state will be blamed, if it is not able to provide a solution. Possible solutions that they can develop only in the preparation of special funds, through third parties, but still carried out together, so that they can achieve stronger economic growth in the future. If this power can be built, it can also stop those who want to use bitcoin/crypto in terms of money laundering, taxation and other crimes, because the state can completely control the growth of bitcoin, by not being given too much access. Please correct if I'm wrong
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El Salvador definitely fully embraced Bitcoin to the point that there leader invest there country money on it.
They don't really have anything in common when it comes to bitcoin adoption, especially when their government doesn't invest some of the country's money in bitcoin, but Singapore's resources are very likely. Maybe just a matter of time? was not surprised if Singapore has been adopting Bitcoin as a form of payment in their country because Bitcoin and cryptocurrencies are fruits of technological innovation.
Technology strongly supports the development of bitcoin in a better direction, currently the largest income in Singapore is through the industrial sector, where many foreign companies are growing and developing there, it is not impossible that industries related to crypto and bitcoin development will dominate the country, because there guarantees, regulations and taxes are much easier compared to other countries. El Salvador made bitcoin a legal tender, Singapore has not made bitcoin a legal tender, the second country that makes bitcoin a legal tender is Central African Republic. At least they are starting to talk about legal payments using bitcoin, although it has not been fully implemented in the country's journey, when viewed from the readiness to face technology, the opportunities for Singapore are much easier and faster There are many crypto friendly countries that do not make bitcoin a legal tender, but still accepting it as a means of payment and for investment. Accepting is definitely starting to open up, with some considerations that cannot be implemented in the near future. Such a developed country does not rule out the possibility to change the previous income pattern by implementing a new system, so that the country becomes stronger in terms of economy, industry and technology. The country is crypto-friendly but now, as a result of the Terra Luna and other catastrophes, plans new regulations to prevent such things from happening again: On the basis of the previous chaos caused by Terra Luna and other disasters, Singapore began to make new rules on this issue. But no, they do not consider Bitcoin a legal tender.
Of course bitcoin is not yet considered a legal payment, but interestingly Singapore is starting to talk about this seriously, meaning they are starting to see the great potential in bitcoin, by accommodating all their needs. Technology and Industry will be able to collaborate simultaneously, so that the State's income can increase and become stronger. My personal analysis, by following the current development of Singapore, is of course not entirely correct. El Salvador invests their government funds in BTC that's a big difference from what Singapore is doing. But like Singapore, El Salvador is turning the country into a tourist destination due to the Bitcoin adoption or it could just be hyped by Max Kaiser since he and his wife move to El Salvador to show support.
The government offers the BTC companies tax incentives and citizenship afaik. They really floored the adoption level in the country.
El Salvador has clearly accepted bitcoin in its entirety in his country, even offerings related to taxes and citizenship are a company dream. The question is whether everyone who works in the company will be granted citizenship, or only a few people? Because as I know, it's difficult to get citizenship, because every country has its own rules governing the matter, or this rule doesn't apply to El Salvador, Please correct me if I'm wrong
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Singapore makes regulations first before crypto or Bitcoin begins to be used as a means of payment for transactions for goods or services, they care about the friendliness of developing technology, so it is necessary to make clear regulations as a legal umbrella, both to maintain economic growth and early detect money laundering caused by transactions involving crypto.
I do not agree, that this country is a place to hide regulatory obstacles to legal umbrellas in other countries, because they also make special rules governing this issue, which distinguishes Singapore from other countries only in terms of "regulatory certainty" or guarantees for industry players and consumers. also guaranteed to know information about companies that can be trusted.
Singapore is also a country that has a huge income for every native and immigrant, allowing bitcoin to grow rapidly there, and it is possible to achieve status as a Bitcoin hub and become bigger like El Salvador.
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which she say she's using her dad account with his consent and the reason why she use her dad account is a restriction on speech. Well I wouldn't judge her excuses since she's still not really understand about this forum rules. Coincidentally this reasoning might sound convincing enough, assuming a child is using his father's account. but the question is where did he know about this forum? so that he easily uses the account, even though his father is dead and agrees what does he mean? the reason is the account already changed hands and it's used to warn other users which know who's BccKing wouldn't get tricked as now the ownership already changed.
Usually people will know the account has changed hands by looking at the previous post and comparing it with the latest post, or going to the profile and pressing trust, there will see the account has been changed email, password and wake up from a long sleep, this is a simple way to detect that the account has changed hands. So where is your fault? If leaving negative feedback is wrong, then how about many DT members already leave negative feedback then? does they should changed his feedback to n
But for the negative feedback that is given, has a different view, must have a basic reference, as long as it can be proven correctly and doesn't blame the rules, then I think it's a fair thing for you to do. Because if switching accounts is justified, more and more accounts that were dead will come back to life.
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I was nobody in the forum but today I am somebody in the forum. I struggle to become somebody in the forum this year and here am I
It's a great achievement my friend, you have become part of your thinking, quality and way of giving an understanding of bitcoin and this forum to others, actually this forum is a place for us to get to know the new world, technology, bitcoin and others. What I understand and the most important is "Trust". do not cheat and always run in accordance with forum regulations. We are motivated to follow in your footsteps, hopefully the quality improvement will be more real. Happy Agbe
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Thanks but I honestly do not count this as being philanthropic, it is our collective responsibility, hodling sMerit does not benefit anybody, it doesn't add any profit to any bodies portfolio, rather it will decay and waste away if one does not send it out, so why hodl it and allow it to waste when you can actually use it to help a fellow forum user grow just the same way we all want others to help us grow?!
To quote some of your concerns, regardless of someone's contribution while on this forum, because as usual people will become more mature, responsible and continue to improve their knowledge, as long as they are given the opportunity and feel valued. Personally I learned a lot from the posts you made, the comments you gave, The way you motivate low rankings is quite touching.
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"we rise by lifting others".
What's interesting to me at this point is that you're still assigning responsibilities to other people, if they have or are close to getting promoted, where we won't look great, just because of the abilities we have. I doubt everyone is able to make quality posts, maybe I am too, but as long as they are willing to learn and continue to grow, there is no harm in helping. I also don't dare to count down the rankings, because there are still many posts that I have that haven't been included in the perfect category, or even I'm still in the repair stage to avoid spammers. Quite proud of the philanthropist you greet, I respect and thank you very much, because this is quite helpful for many people
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Diaz's goal was amazing and I love how many chances were created in this game, but hopefully Liverpool can start winning more games throughout the season and start scoring more goals. Diaz & Elliott were the only 2 Liverpool players who could hold their heads high after that game, both working hard. hopefully for the next game Darwin will have to control his actions and need to develop his finishing touch.
Liverpool doesn't seem to be in the best condition, the two games they played, only managed to collect two points, in the second match Darwin Nunez actually got a red card, it looks like Liverpool this season is very difficult to get full points. Although in the transfer market, their target player was successfully brought in, but the player's contribution was not so prominent until the second week. Compared to last season, the two games they played were very different, Liverpool's quality was not in satisfactory condition. What's with the Liverpool team now?
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