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2161  Bitcoin / Bitcoin Discussion / Re: What's preventing bitcoin from worldwide adoption? on: April 03, 2022, 03:34:28 AM
Bitcoin remains to be adopted by every country in the world for various reasons. Here are my thoughts on why..

1. Government policies: Most government and financial institutions round the world seem not to want bitcoin cause of the financial freedom it gives to its users. They would want to control and tax the flow of finances of individuals and they probably fear the anonymous nature of its transactions. Some policies even go as far as criminalizing its use.


Government is the root cause, they never accept something they cannot control. Fiat will remain their favorite tool and will do whatever it takes to stop the growth of bitcoin, if they cannot stop bitcoin their power will be lost.

Once the government accepts bitcoin, I think other problems will be solved soon. If the government recognizes bitcoin and encourages people to use BTC, people will be more interested in it, fraudulent acts will be strictly controlled by the government and the bad news about bitcoin will be gone if the government accepts it.
2162  Economy / Economics / Re: Rising inflation forces investors to look for defensive assets. on: April 02, 2022, 02:12:40 PM
When talking about defensive assets, everyone thinks of Gold as their first option, Real Estate investment as their second option and some people with a very low percentage think of BTC, despite the fact that BTC has a much faster growth than gold itself , but it has an impediment that has been highlighted by the big news worldwide, as well as by some economists and, of course, by bankers and some governments, when they say that it is a very high-risk asset and that they do not recommend it.

Unfortunately many people still faithfully believe in the news and manipulation systems where they do not think for themselves that an asset can be bought at $44k right now and then reach $100k more, that is very difficult to see, however many people already is waking up and they are looking at BTC as a safe haven, this is to be admired.


A lot of population are still sticking to the traditional assets because they want to see their assets. Whereas, with bitcoin, most of them are hesitant because it is new, and the truth is most of them don't know how to transact with crypto. So they prefer to be on the safer side, which are the tangible assets. We can't blame them because people are used to these assets. But for those who discovered crypto, they feel they are lucky to be in this market. Patience is needed here and understanding of the market, in order to gain from this market. So yes, this market is not for all.

Because it is a new market and to be honest, there are too many scams around crypto. Many people haven't entered the market when they hear about cryptocurrencies, the first thing that comes to mind is bitcoin. Because this causes misunderstandings that make them not really fully trust bitcoin.

Along with the short-term volatility of bitcoin is also what makes them fear their wealth will evaporate when investing in bitcoin, only those who have been in the market long enough can feel the difference between bitcoin and its true value.
2163  Economy / Economics / Re: Russia wants to build a new world order with China on: April 02, 2022, 01:47:59 PM
it will be difficult to shift America, which has long been a superpower in the global economic system,,,, but that does not mean it is impossible, the possibility that will shift America's position in the future is China, but it will also take decades to come
Right about that, the word knows for sure that America will not be ready to give up the power easily. They would also try as much as possible to make sure that they retain their status as the world’s superpower. And there is no doubt that they are seeing what is happening, and it’s clear that they already see China as an opposition, so they would fight as much as possible to make sure that their economy and everything keeps growing so that they stay on top.

I’ve seen some analysts who have predicted that by 2030 to 2050, that China would be the world’s superpower. But, one thing we also have to know is that these predictions are based on what we are seeing presently, but we can’t really tell what would happen in the future.

Of course they will do everything to prevent this from happening, no one wants to lose their throne. Russia and China are two major rivals of the US from military to economic. The US has made the mistake of taking wrong actions to push Russia and China closer and closer together. they will have to fight to prevent the rise of these two great powers.

Russia and China really need a long time to pivot the world economy in their favor, but they have been doing it.
2164  Economy / Economics / Re: Pay in rubles or have your gas shut off by April on: April 02, 2022, 01:29:32 PM

I'm 99% sure that the EU will refuse to pay with rubles,but will the Russians stop the gas and get rid of their number one income source?It has been said,that Asian countries cannot fully replace European countries as natural gas buyers.

I guess if the EU refuses to pay in rubles then the Russians will also stop supplying gas. The EU has already imposed almost all sanctions on the Russian economy and there is no reason for Russia to continue to make concessions. Pay in rubles, this could have been too sudden a Russian counterattack against the US and EU that they didn't think of and they were slow to react.
2165  Economy / Economics / Re: When Will This War End? on: April 02, 2022, 01:03:21 PM
Quote
It's hard to predict when the war between Russia and Ukraine will stop unless we can read Putin's mind. even the president of ukraine has several times proposed peace mediation to putin but always rejected by him. What I'm worried about is that more and more countries will eventually lift their sanctions on Russia because their oil and gas is scarce. Victims of the economic impact that will occur will explode.

I guess, Russian president Putin is fully ready to give peace a chance because his last interviewed show, he is not happy the way the war is eliminating people and their properties in the country. Ukraine and Russian will not reject peace this time around because this war has caused many damages to their economy and to other countries too which other countries are fully prepared to end the war soon. Putin is ready to embrace peace because the suspension they got from sports, import and export has made them to decide to embrace peace with Ukraine, so that it will not cause more damages to their citizens and their economy.


I agree with this view, both want the war to stop as soon as possible because it is clearly not in the interest of either side. I think there's a third person who really doesn't want this war to end anytime soon. The deeper the two became involved in the war, the more rapid and irreparable the economic fallout became. So they find ways to prolong this war that can kill Russia and Ukraine is just a pawn on the world chessboard.
2166  Economy / Economics / Re: When Will This War End? on: March 31, 2022, 05:51:41 AM
No one knows, if Ukraine does not become a neutral country then Russia will continue to launch its aggression. You know that Putin is a person who doesn't give up easily, no matter the victims on both sides. As long as Ukraine position on Russia threatens Russia balance with NATO, the war will continue. Btw, I almost left out all the latest information on this, because I was tired of the news, that war is murder by legal means. Terrifying

The negotiations on the 29th showed that Ukraine is ready to become a neutral country, not joining any alliance and not allowing other countries to establish military bases in Ukraine. There have been several ceasefires and the opening of more humanitarian corridors for people to move out of the war zone. But by agreeing to the independence of the two territories of Donetsk and Luhansk from Ukraine, it is almost impossible to compromise and Putin is not one to give up easily. The war is not over yet.

For that action they made and decide to be a neutral country they might change the mind of Putin towards his aggression. We know that this is the root cause of the war and the only thing left for them to retreat or end this war and that is Zelensky will officially declare his defeat to Russia.

Putin is not one to give up easily, he will not stop until his goal is achieved. He called this war a special military operation. The only way is for Ukraine to surrender, but every country has national pride. as I said they can accept neutrality but not accept sharing your people and part of your country with others. If it's Russia in return, I think they will too, cannot lose even a single piece of national territory.
2167  Alternate cryptocurrencies / Altcoin Discussion / Re: Help a newbie choose a better stable coin on: March 31, 2022, 05:11:45 AM
I'm looking forward to store some stable coin for future investment, maybe probably when a harder bearish market takes place to buy coins for lesser price but I can't seem to figure with stable coin can make me have a good night sleep at night with zero worries, USDT? BUSD?

No need to store stable coins you can buy anytime you want and any exchange, you can still hold your fiat while waiting for the bear market to happen. Buying stable coins is not too difficult so hoarding we don't think is necessary.
If you still decide to hoard then my advice is to find yourself a decentralized stablecoin like DAI instead of using USDT, BUSD.
2168  Economy / Economics / Re: When Will This War End? on: March 31, 2022, 04:42:05 AM
No one knows, if Ukraine does not become a neutral country then Russia will continue to launch its aggression. You know that Putin is a person who doesn't give up easily, no matter the victims on both sides. As long as Ukraine position on Russia threatens Russia balance with NATO, the war will continue. Btw, I almost left out all the latest information on this, because I was tired of the news, that war is murder by legal means. Terrifying

The negotiations on the 29th showed that Ukraine is ready to become a neutral country, not joining any alliance and not allowing other countries to establish military bases in Ukraine. There have been several ceasefires and the opening of more humanitarian corridors for people to move out of the war zone. But by agreeing to the independence of the two territories of Donetsk and Luhansk from Ukraine, it is almost impossible to compromise and Putin is not one to give up easily. The war is not over yet.
2169  Economy / Economics / The first country in Europe to pay for gas to Russia in rubles on: March 31, 2022, 04:16:00 AM
According to media reports, the Vatican Bank has accepted payments for Russian gas in rubles.
The source also said that the Vatican bought rubles from the Central Bank of Russia for the equivalent of 10 million euros and that the Vatican has completed all the necessary steps in the method of purchasing gas in rubles.

Currently the news has not been confirmed by either party, but if this is true and creates a domino effect. It can be said that European sanctions against Russia have failed.

source: https://iravaban.net/en/375887.html
2170  Bitcoin / Bitcoin Discussion / Re: Opera integrates Bitcoin in there Browser on: March 30, 2022, 03:19:08 PM
If it's google chrome or microsoft edge that's probably good news. Currently, the opera browser market share is only a small and insignificant part, so there are not too many expectations on it.
If you are looking for a web3 browser, you can use the brave browser. I'm using brave at the moment, which also has a built-in crypto wallet and what I like about brave is its privacy and doesn't track users as current browsers do.
2171  Bitcoin / Bitcoin Discussion / Re: Is There any other country except El Salvador using BTC as legal tender?
 on: March 30, 2022, 02:42:13 PM
Russia is still one of the countries to put in consideration although no official statement yet was made on the adoption but reports shows that Russia is looking for crypto (Bitcoin) to byepass sanction, and of which with all indications the only available means to that is in making bitcoin a legal tender. Also many countries make make the moves and pass the bill but none is set to approve it while we have some other countries as well going against bitcoin placing a ban.

I think on the contrary, Russia is trying to find some solution to avert the economic collapse in the country and crypto is just a small one of them. Before the war, Russia proposed banning crypto-related activities such as using and mining crypto in their country.

If the war ends and sanctions are lifted, I'm not sure if Russia will continue to use crypto. IMO, Russia is using crypto this is a must look like they are not sympathetic to crypto.
2172  Bitcoin / Bitcoin Discussion / Re: Bitcoin value more if no Altcoins or not on: March 29, 2022, 03:37:37 PM
Even with the existence of several altcoin bitcoin still possess it's own dominance making it's value unaffected by altcoin price or fluctuation rather the opposite is the case. When ever there is a pump in bitcoin price it reflects on altcoin and same thing happen when there is a drought. But if an altcoin experience an upsurge due to hype or high demand it has no effect on bitcoin value
It is true that regardless of how many altcoins are created, in terms of volatility bitcoin is largely unaffected by altcoin hype. But without altcoins, I think crypto wouldn't be as popular as they are today.
Bitcoin creates the market but it is the altcoins that make the market grow and become vibrant attracting investors when creating trends in the market. So altcoins play an important role in the market, without altcoins people would have nothing to compare with bitcoin and we wouldn't know bitcoin is special.
2173  Bitcoin / Bitcoin Discussion / Re: Russia to legalize Crypto Mining Soon on: March 29, 2022, 03:11:48 PM
Russian Deputy Minister of Energy Evgeny Grabchak revealed statement about introducing clear regulations for crypto mining in the country. His statement served as a support for the cryptomarket and the miners within the country, because back in January cryptocurrency mining was banned in Russia.

I suppose people living in Russia will take advantage of this to mine, but I doubt this will attract foreign capital, at least significantly. It is no longer because of the war or Putin, it is because of the perceived insecurity of having gone back and forth on this issue: now I am going to ban it, now I am going to legalize it, tomorrow I will ban it again, and so on.

That said, I hope it will finally be carried out.



Your doubts are very reasonable, before the war they banned bitcoin. Perhaps their acceptance of crypto is partly due to the impact of the war on their country. If the war ends and everything goes back to normal, I don't know if they will continue to ban it or if there will be a regulatory framework for crypto.
This will make foreign investors nervous and it will be difficult to attract foreign investors with Russia's sudden decisions.
2174  Economy / Economics / Re: The ruble is going to hell on: March 29, 2022, 02:57:53 PM
I have read that many companies from Europe are accusing Russia of breach of contract because the ruble is not on the list of currencies in which they pay. But under European pressure many unreasonable sanctions were imposed on Russia, there is nothing wrong with Russia's counterattack. If European companies do not accept payments in rubles, the oil crisis will be even more dire.

For deliveries as per the existing contracts, I don't think that Russia can demand payment in RUR. Maybe for spot deliveries they can demand that. All this rhetoric is just to warn Europeans that if they go too far with the sanctions, then their gas and oil supply will be disrupted. In the end, who is actually suffering? Oil prices are close to historic highs and energy prices in Western Europe has soared to such levels to make lives of ordinary people miserable. And I don't think that Russia is much impacted. The last time I checked, Sokol crude has once again breached the $100 per barrel level.

G7 countries are protesting this decision but Russia still insists that it only accepts payments in rubles. I think the Russians are not only warning but they are responding strongly to Europe with what they do to the Russian economy right now. In this game, I don't think Russia will lose because China is increasingly looking for gas deals with Russia. They are willing to accept Russian oil and gas very willingly.
2175  Economy / Economics / Re: Economic crisis its good on: March 29, 2022, 02:41:50 PM
snip

What you say is true, because the demand for housing continues to rise and property prices also continue to rise every year. Making real estate
a safe and profitable investment, but unfortunately only people with a lot of money can investment in real estate. Due to my insufficient income,
of course I have to look for other more affordable assets for investment. For now I focus on investing in crypto, although the risk is very high,
the profit generated is very promising. Even if we are lucky to invest in a new project, only with a small capital the profit generated can reach 100x.
Moreover, investment in real estate is currently very difficult to sell, due to the global economic crisis, the purchasing power of the people
has decreased considerably. So in my opinion right now it's not effective investing in real-estate, now the modern era where technology is
the most important, so investing in crypto that is related to technology is much more profitable and also more affordable for everyone.


Crypto investment is really suitable for almost everyone because it does not require us to have a lot of money to participate. Compared to the current investment channels, crypto are considered the most profitable. To get into crypto, we need to be a bit tech-savvy so it's not yet accessible to many people. This is the weakness that crypto are experiencing.

I have to agree that crypto is an investment channel that can give the poor a chance to change their lives, but they need knowledge, patience and effort to seize this golden opportunity.
2176  Alternate cryptocurrencies / Altcoin Discussion / Re: ETH future on: March 27, 2022, 11:45:51 PM
I think moving ETH from POW to POS is a reasonable decision, POS will consume less energy than POW. Many experts argue that the move to POS does not weaken the ETH network, but also increases the stability and scalability of the network when combined with sharding so no need to worry too much.
ETH is still the top altcoins and with the upgrade to ETH2.0, the future is brighter than ever.
2177  Economy / Gambling discussion / Re: ⚽ Football Transfers Speculation, Odds and Predictions on: March 27, 2022, 08:07:35 PM
Over the last year's, relating from five to six years ago, looking at the best Manager's in bringing young players to stardom, I think Pep Guardiola comes first than any. From Barcelona to Bayern Munich to Manchester City, I think if I should offer an advice here, I'll tell the young and talented yo move to Manchester City.
I have read it a couple of times that a player says he moved to a team coached by Pep majorly because of pep is the coach, so yes i think i can agree with you, his philosophies are second to none, and he has the ability to discover hidden talents in players, even in positions they ordinarily never imagined they will fluorish in. Look at Kimmich at Bayern, Pep came in and completely gave him a new role, one in which be shone outstandingly, Pep is also synonymous with success, so if you play for a Guardiola team, chances are high you'll achieve a great deal of success.

Having said that, it must also be understood that Pep is very demanding as a manager, he tends to push his players to their limits, and you must be ready to follow his instructions to the letter or else you will be left out of the team, but overall playing under Guardiola should be a good experience for most players.

Guardiola is certainly a great course and there is no doubt about that because if I remember correctly he was the manager home built Messi from the ground up and for Messi becoming the world-class superstar that he is right now a lot of credit goes to the manager.
And under his management, a lot of players who were not playing really great started performing at a high level. He can obviously bring out the best in a player but the player obviously has to go to be great with his work ethic.
2178  Economy / Gambling discussion / Re: La Liga (Spanish League) Prediction Thread 2020/21 on: March 27, 2022, 07:53:21 PM
This match will be difficult for Barcelona to win. But it will not be difficult to draw this match. Sevilla has drawn in their last 3 matches. When the team's condition is so weak, they will not think of getting full points against Barcelona. Sevilla's coach will create their match strategy with the goal of drawing. If Sevilla plays defensively, it will be very difficult for Barcelona to win. However, Torres and Aubameyang are in form since. Nothing is impossible for them.

In my opinion, this game will belong to Barcelona, even though Sevilla takes the initiative to play defensive football, I think Barcelona will still be able to beat Sevilla because Barcelona's performance is currently good and their strikers are on fire. Moreover, Barcelona will play at home, so it can be sure if the crowd will be an advantage for Barcelona. I predict Barcelona will win by at least 2 goals difference.

Currently, Barcelona is in the peak form of their season right now. There is no reason why Barcelona cannot win this match. Even though Sevilla is ahead of Barcelona in the points table I don't think they are any match for the current Barcelona squad. And about Barcelona, I think they have proved what they needed to prove already so they will be determined to maintain their winning ways.
2179  Economy / Gambling discussion / Re: ⚽UEFA Europa League Discussion Thread on: March 27, 2022, 07:41:19 PM
It will be a good game to watch, Barcelona with a premier side is a tough one but it will be difficult for Barcelona to win this westham side even if the Spanish side are favourite, Barcelona has pick top form ever since Xavi Hernandez came back they are now playing like a Barcelona team( tiki taka) but I think West ham United needs this trophy more because is there gateway to champions League football next season.
Because Barcelona is already qualified for champions league in next season its not enough reason to lose to westham in the Europa. and who knows if west ham will survive the quarter finals against lyon and even if they  do  the will need to play a very classic game to win Barcelona which the chances are very slim going by how far xavi has improved Barcelona games.
I think we are underestimating Lyon here. How are we sure that West Ham will make it out of the Quarter finals. Lyon might be having a terrible season in Ligue 1, but that doesn't guarantee that they will lose against West Ham. The same thing applied to Barcelona. The  Europe League results something is usually shocking, especially in the Quarter and Semi finals. Although, they might probably be seems as the favorites.

They are obviously actually the favorite for these matches but yes I agree that surprises can happen in football and I think these teams know that very well. I don't think these games are going to lose because they are obviously better and I also don't think it's a case of underestimating any team because everyone is talking considering the level of powers that both teams have.
2180  Economy / Economics / Re: US warns India over oil deal with Russia on: March 27, 2022, 04:02:39 PM
The bad thing about the US government is that they really want to control other countries and if it is related to the opposing country then warnings and even severe sanctions will be given to the country they feel is under their control, now they are trying it on india.  Russia-Ukraine war should not affect global trade, because many other countries need each other, especially oil.
I do not understand the actions of the United States from the logical side. They want to completely abandon all energy raw materials and force the rest of the world to do it. This is a very strong blow to the economies of these countries, for many it is a death sentence. I don’t understand why Biden dictates such conditions to the whole of Europe?
Because US won't care about those countries, what they most want now is to find a way to drown Russia forever. Russia and China are two great powers threatening their global dominance and they know well that this is an opportunity that won't come twice. So they have to use all tricks and brute force to force others to do what they say.
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