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241  Bitcoin / Bitcoin Discussion / Re: Could Bitcoin's transparency be its downfall? on: May 31, 2022, 04:23:39 PM
Bitcoin transparency is a two way sword, to some extent it has some disadvantages and largely its transparency is beneficial, as bitcoin trail is actually more identifiable than fiat. There is a need to understand that bitcoin can't be used for illegal activities or corruption in most legal entities. Which actually constitute the major chunk of corruption. Also it is always easier for government agencies to track more efficiently than fiat. On contrary bitcoin allows us to reduce cost of financial transactions, streamline financial management and allow better control over Realtime managements of funds.
242  Other / Politics & Society / Re: Putin can not stay on: May 30, 2022, 04:49:35 PM
Putin is here and he is holding the power. Germans stood by hitler because they felt they believed that allied powers did injustice to them.
 Russians believe the same, they will stand by putin as they believe west and USA are reasons for the injustices in their own lives and this will make him more stronger. Until Russians don't  accept that the days of USSR will never come back accept a diminished role in modern Europe. They will remain glued to the glory of past and Russia will remain at confrontation with Europe
243  Other / Politics & Society / Re: The Right thing vs the Smart thing on: May 30, 2022, 04:43:13 PM
Sadly we are living in a commercial age where having money is biggest priority for a lot of people and we are  seeing a fall of moral standards. In old times  the character based traits like honesty, sincerity, truthfulness are  more appreciated. These days personality based traits are more valued.
Today people smile with their intentions being bad. They tend to put money before everything else, and what you pretend is considered as more important what you truly are
244  Bitcoin / Bitcoin Discussion / Re: El Salvador will be the richest country in the world in 8 years? on: May 30, 2022, 04:23:02 PM
It all depends how much bitcoin  El salvador is able to hold as the bitcoin in long run, as it has economic liabilities as well. Yes I do agree that early investments  by El  Salvador will bear fruits for it in future. But to become a rich nation they need more than just crypto investments, they need to focus on becoming productive in terms of investing technology and industrializing their nation
245  Bitcoin / Bitcoin Discussion / Re: What's preventing bitcoin from worldwide adoption? on: May 30, 2022, 03:44:54 PM
Each day more and more businesses, institutions and countries are accepting bitcoin. I felt really good when David M. Solomon CEO of  Goldman Sanchs mentioned about bitcoin investments when he is on his maiden visit to india. This gives a clear signal where crypto and bitcoin economy is headed to.
SO saying that mass adoption of bitcoin is not happening. Yes there are reservations and reluctance in some quaters, but each day bitcoin is going from strength to strength
246  Other / Politics & Society / Re: How long Putin can continue this nonsense war?! on: May 29, 2022, 05:27:12 PM
Putin knows he is at the end of his political career if he don't do something radical to make Russians believe he is a great man. The  objective he choose is to make Russia great again and to do this the first target was ukraine. He was expecting a swift victory over Ukraine with he becoming a numero uno in russia. But destiny had other plans. Now Russia is facing a face save for itself.
247  Other / Politics & Society / Re: Could this be Elon's vision? on: May 29, 2022, 05:22:13 PM
Elon musk is way ahead of his time, just look at the ways he name his children. He has got a lot of mojo in himself. I see him as a very influential figure in future, He will be one of a kind of tycoon who will be leading in different sectors, be it internet, be it tech, be it crypto or be it automation.
 This will give hime immense power in shaping the new world. I only hope He turns out to a great world leader who do good for humanity.
248  Economy / Economics / Re: Standard of living on: May 29, 2022, 05:05:28 PM
The cost of living is increasing because the current growth model of the world is simply not sustainable. The earth is hollowing out. We have already mined deep and flattened the mighty mountains. The sea, sky and earth is polluted. I see no future if we don't mend our ways and go for a more sustainable growth.

Sadly we are not realizing our mistake, but we are expecting a life which is simply not sustainable
249  Economy / Economics / Re: Should we embrace a cashless policy?? on: May 29, 2022, 04:56:27 PM
I once tried to going cashless, and I managed fairly well for one week, until one of my friend asked me to lend him a little cash.
I only needed to prioritize my purchases to businesses where I can make cashless payment. It felt I was able to manage my money more efficiently, budget better and at the end I felt my spending was less and I was able to save more.

I guess going cashless will benefit not only individuals but enterprises as well in managing and succeeding better in business  as well. Bitcoin economy  seem to be a great avenue in going cashless while staying the real owner of your money.
250  Bitcoin / Bitcoin Discussion / Re: Bitcoin in Gen Z on: May 29, 2022, 04:47:10 PM
I believe generation Z is a transition generation. Their priorities and understanding on usefulness of technology seem to be motivated more by fashion concern than its true utility. Yes in future technologies are evolving more meaningfully and digital assets will be considered as valuable as real world assets. So we will see more practical approach by Z generation.
Bitcoin seems to catching up really fastly with the world and we will see that gen Z will be at forefront at embracing and expanding bitcoin
251  Other / Politics & Society / Re: China is a declining Power on: May 24, 2022, 04:20:27 PM
China is shown the west that Asian economies can become powerhouse of world economy, something which seemed very improbable in 1960s and 70s. It is commendable how china utilized its huge population and the discipline with with china controlled its population.
I do believe that china need some governance upgrades, but its economic growth is a world class case study. Currently it certainly is going through a slump, but I believe it will remain one of the impressive economy in time to come
252  Bitcoin / Bitcoin Discussion / Re: My Bitcoin Charity Work! FREE BITCOIN COLLEGE on: May 24, 2022, 04:11:11 PM
I really liked your idea and you can form a forum for new learners and I suggest you  that you can also look for people who are looking for jobs help them earn online through crypto.  Moreover you can take a commitment from them that by learning crypto skills from you each one will teach one.
253  Bitcoin / Bitcoin Discussion / Re: The bitcoin price drop is an excellent time to buy bitcoins on: May 24, 2022, 04:03:12 PM
Bitcoin price drop certainly provide an opportunity to buy bitcoin. But I wont suggest you to invest all your life savings right away. Currently forces like Russia war and US rate changes along with ban by china and possibility of ban by Russia is plaquing the bitcoin economy. These economical factors will surely get resolved, but it will take some time. Yes I guess if you are thinking of a long term investment. You can invest a part of your money, and in very long run your grand children will thank you for investing in bit coin, but please ensure you pass on the keys
254  Bitcoin / Bitcoin Discussion / Re: Bitcoin is a Myth and not Real on: May 24, 2022, 03:48:13 PM
Bitcoin is a phenomenon. Something which holds potential to transform the international  economy, something which is slowly but steadily expanding its space and applications in market. Each day one or other country or institution is embracing bitcoin and this transformation will greatly help people to achieve a truly liberal economy, when we wont need currency exchanges, when international business will become as simple as retail store purchases.
The poor will be able to have higher access to funds, not only by local or national market but by international investors. The efficiency of economy will increase significantly.
So if you believe this could be enough reason to be a part of the bitcoin economy, embrace it or keep questioning the myths
255  Other / Politics & Society / Re: Lets remove all or most of the darkness from the world together on: May 24, 2022, 03:35:16 PM
Nice thought but the problem is that humans are the reason of all the evil in the world. We have already emptied the coffers of natural resources. I feel if this earth is a living creature, than sure humans are cancer which is in stage 4. The cancer might not be curable by now.
But yes, that's the beauty of our beautiful earth. The life resurrects from the ashes each time the earth dies, and we call it evolution. But for sure the most intelligent creature of earth has proven to be the most foolish  one.
256  Economy / Economics / Re: Using plants as a savings account on: May 23, 2022, 05:07:03 PM
With global warming new and new ideas are coming up associating money with reducing carbon emissions and planting green trees. This is a great concept with the kind of pollution and global warming goals. I think planting tree should have monitory benefits and such a move can greatly help to eradicate poverty and make world a more livable place
257  Bitcoin / Bitcoin Discussion / Re: What approach do you expect from the Government if your Country adopt bitcoin? on: May 23, 2022, 04:59:01 PM
Since a country has a heterogenous population and different people have different age and different education levels. The first thing I will expect from my country if it adopts bitcoin is that government will educate the population for the bitcoin. Its value, its investment and its uses. I also expect my government to put requisite infrastructure in place for transaction of bitcoin
258  Alternate cryptocurrencies / Altcoin Discussion / Re: What's your reason for buying altcoins? on: May 23, 2022, 04:54:13 PM
I believe the bitcoin will always stay as the prime crypto currency. The altcoins mostly these days are new projects which are mostly a gamble. Since most of the people believe that buying shit coins at low value in large numbers will help you to earn greater profits if there is major value fluctuations.
However these coin might not survive in long run and investing in these coin in nothing more than a gamble
259  Bitcoin / Bitcoin Discussion / Re: where does the price of bitcoin come from? on: May 23, 2022, 04:25:47 PM
The value of bitcoin is determined mainly by market sentiment. The comparative prices of different crypto currencies and market supply and demand.
I think you should also understand the concept of he value and valuation. Value is the price, at which you can currently sell your bitcoin, but valuation is the value that market ascribe to the bitcoin based on its market evaluations
260  Bitcoin / Bitcoin Discussion / Re: So my portfolio is down %70...too late to pull back now I guess on: May 22, 2022, 05:52:06 PM
I will suggest you one thing, keep hodling. The current fall is just as intermittent and such falls are bound to happen as any new tech establishes it self, there are times when the value baloon up exponentially before massive corrections. There is a phase of fast but temporary growth, a fall  and then a slow but stable growth. There are many factors for current fall including but not limited to war and sanctions. Also current operational cots of bitcoin are very high, but believe me in years to come the transaction fees and operational cost will reduce and bitcoin will boom.
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