If we do not take climate change and its negative effects very seriously and take the most decisive steps, then humanity will shrink and die out at a rapid pace. It will no longer be up to finance and not to cryptocurrency. Natural disasters will intensify: earthquakes, volcanic eruptions, fires and floods, storms, tsunamis and other natural phenomena will intensify and become commonplace. Part of the continents around the planet will go under water. Governments will not be able to oppose these phenomena. Therefore, there is no need to calculate how expensive it will be for us to switch to alternative energy sources. All this is a trifle compared to what nature can show us in the near future.
right, and Investing in alternative sources of energy may come at a cost, but it's a small price to pay compared to the disastrous consequences of inaction because I think We owe it to ourselves and future generations to act now and work together to reduce the impact of climate change. |
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This is pure bait. Typical of dishonest low quality journalism nowadays. Leads with a possible truth mixed with an unproven opinion. And Invoke imagination verbs.
It's good to see between the lines and not the letter from what I'm saying. To be successful in combating climate change, we must all work together. Taking on the duty oneself may assist to mitigate the effect. What is more crucial is that the government imposes tough regulations to combat climate change. It will make it easier and faster to meet the global goal of reduced global warming.
Very relevant, meaning that there needs to be a collective effort to combat climate change. Governments also have an important role to play in enacting regulations to reduce global warming, but as individuals, we too can take small steps to make a difference but I also wonder if the crypto industry can continue to thrive while taking significant steps to fight climate change? |
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The impact of climate change is visible everywhere. In my country, it has led to flood issues that have affected the agricultural sector thereby causing a high increase in the price of food. Some farmers suffered a partial or total loss of their farmland due to flood disasters. Most of these farmers took loans from banks to finance the farming business. These loans might become bad debt if they are uncollateralized. This will affect the financial sector negatively. An increase in the prices of goods will lead to inflation which will affect the banking sector because interest rates might be increased by the central bank.
Curbing climate change is the collective responsibility of everybody. I have decided never to use an electric generator except it is for emergencies or important reasons because I don't want to contribute to the emission of harmful gases into the atmosphere. Industries should switch to clean and green energy sources to reduce the emission of these pollutants that contribute to global warming.
I completely agree with your view on the need to take responsibility for limiting climate change. It's great to hear that you are taking steps to reduce your carbon footprint by avoiding using power generators unless needed. Regarding the financial sector, the potential for bad loans in the agricultural sector due to climate issues is a worrying trend. It is critical for all stakeholders to work together to find sustainable solutions that reduce the impact of climate change on the economy and society as a whole. |
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Welcome to the forum. I think technical analysis can be a useful tool for traders to make decisions, but it's not necessarily a must-know for crypto trading. True, it can help you understand market trends and identify potential buying or selling opportunities, but I think ultimately your psychology at work is your gut feeling at work and personal experience plays a large part in your decision making. It's always good to have a thorough approach to trading and be open to learning new things. So, don't worry about breaking any rules and keep exploring the crypto market!
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Please correct me if I am wrongEven in today's modern world, except for a few people in Europe-America, the general public of the entire world does not have a proper understanding of Bitcoin.  Except European-American, anyone who have a little idea about Bitcoin also have misconceptions. Due to this problem, many people are unable to invest in a great platform like Bitcoin even if they want to. This problem may not seem like a big deal to many, but think about third world countries. A sad reality is, in my country 80-90% of the population are not familiar with Bitcoin. Is there any way to solve this problem? In this context, I think it is very important to explore potential solutions to this problem and understand how increased education and awareness can pave the way for wider adoption. Admittedly the lack of awareness and education about Bitcoin is indeed a significant challenge to its adoption, especially in third world countries. However, there are several ways to solve this problem. First, governments and educational institutions can offer training programs and awareness campaigns about the benefits of Bitcoin and how to use it safely. Additionally, Bitcoin businesses can provide educational resources to their customers, such as tutorials and online courses . Another effective way to raise awareness is through social media and other digital channels. By leveraging this platform, advocates can create interesting content explaining the benefits of Bitcoin and how to use it. One more thing, in my opinion, is that there is an initiative from the parties to create a community outreach program that can also help raise awareness, especially in areas with limited access to digital technology. |
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I think Warren Buffett's criticism of Bitcoin as a get-rich-quick scheme is not unfounded and that the value of Bitcoin fluctuates greatly, causing sudden gains and losses. However, it is important to remember that Bitcoin is a relatively new asset class, and its value is determined by market demand.
In the trading world, there may not be a significant difference between traditional finance and the crypto space. The difference lies in the level of volatility, which is much higher in cryptocurrencies. This means that smaller traders can trade with smaller position sizes and still be profitable. Futures and options trading in traditional finance also has an element of gambling, making it similar to the crypto space in this respect.
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As we face the harsh reality of struggling to fulfill even our basic needs, it's becoming increasingly difficult to ignore the growing impact of climate change. This raises a pressing question: what will be the consequences of climate change on the financial world, and what might be in store for the future of the crypto industry?
In light of these challenges, it's important to consider the potential implications and prepare for the potential changes that may be on the horizon.
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Soo in general how much should one invest in Bitcoin should it be "how much you can easily invest without stress " or "as much as you can invest at all cost"
Although I am aware it isn't a o or die affair
I think it's like asking how much cake to eat - there's no right answer, and it depends on your appetite for risk. I think understanding the market is necessary and only investing what you can afford to lose. So if you are a risk taker with deep pockets, go ahead and invest large sums. But if you are more careful and prefer to play it safe, it is better to invest smaller amounts. |
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I came to know about Bitcoin as everyone here did it was from my friend. I was living as usual a life controlled by the government and its banks. I was not angry about my life, still I had the anger to be someone who can succeed.
Well, well, well, it sounds like you caught the Bitcoin bug! Congratulations, my friend, you're now officially part of the decentralized digital currency revolution. In just a few short years, the rise of Bitcoin has transformed the world of finance, giving individuals the power to take control of their financial destinies because with Bitcoin, the sky's the limit and the only thing standing in your way of success is your own imagination. I had somewhat good childhood but I always saw my parents struggling to get those fiat. It did saddened me as I saw my parents living a routine life and still did not enjoy it.
I think it's common for parents to work hard and not all have the chance to enjoy their life to the fullest, but they do it to provide for their children and give them a good childhood. While this may be hard to see, try to use their example as motivation to create a better life for yourself. You don't have to stick to a traditional 9-to-5 work routine if it just doesn't work for you. Now I know why they were always struggling to get the ends meet. I do not.know whether anyone here can relate to the same experience of my parents
When I understood the true potential of Bitcoin. I joined this forum as I am not someone who can spare the money required to invest for 1BTC.
So, my question is can Bitcoin give a life that I dreamt as a child. Is it possible to gain financial freedom? What exactly does financial freedom means in context of Bitcoin?
# Please ignore my typo and spelling mistake.
Thanks!
And as for whether Bitcoin can give you the life you dreamed of as a child, my opinion is Bitcoin is just one tool that can help you achieve financial freedom. Financial freedom means having the ability to make choices about how you live your life without being constrained by financial constraints. In the context of Bitcoin, this can mean having more control over your money and being able to manage your finances independently from the government or financial institutions. |
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what's your opinion ?
It is very interesting to see Russia being the second most powerful BTC miner in the world, especially with the country's recent ban on cryptocurrency payments. This shows that despite regulatory challenges, the crypto industry is still thriving in Russia. My opinion about the growing Russian Domination in Bitcoin mining has potential geopolitical implications. As Bitcoin continues to gain acceptance and adoption, countries with significant mining power may have more influence in shaping the future of the cryptocurrency. This has the potential to give Russia more leverage in global discussions and negotiations involving Bitcoin. Russia's rise as the second largest Bitcoin miner is a significant development for both the country and the cryptocurrency industry. This demonstrates the growing interest in Bitcoin mining and highlights the potential for other countries to become major players in the space. It will be interesting to see how this trend continues to develop in the coming years. |
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But above all, we must keep learning how to take advantage of the volatility of the bitcoin market and above all know when to hold and how long to hold because bitcoin is an exciting financial tool that needs a lot of studies to maximize its 100% potential and financial inclusion.
I think the main guideline is simple, BTC can be anytime to buy but if you want to lower the risk consider dollar cost averaging (DCA) as well because the economy is still in a bad place, and high interest rates are used to fight inflation, which can cause problems further economics. However, for those looking to buy Bitcoin, now might not be the best time to buy. It is best to follow what the Federal Reserve is doing, and when they start lowering interest rates, that is the time to start buying Bitcoin. |
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Although within this community Bitcoin is practically the only currency in which everyone believes, just look around a bit and we will find thousands of people who think otherwise.
At this point I wonder, what reasons should we give these people to make them realise that Bitcoin is a right choice? The first argument that comes to mind to convince a person who is sceptical about Bitcoin, is first of all that with Bitcoin you no longer need to delegate the custody of your money to a third party (banks, mutual funds, etc.): you are the master and you hold them. What else would you add?
If you're trying to convince a sceptical person to buy Bitcoin, it's important to understand their reservations and address them specifically. Some common concerns include the perceived volatility and security of Bitcoin. To address volatility, you can explain that like any investment, Bitcoin may experience fluctuations in price but has shown long-term growth potential. For security concerns, highlight the blockchain technology behind Bitcoin that makes it resistant to fraud and hacking. Additionally, point out that Bitcoin has been gaining acceptance from major companies and investors, and its limited supply and increasing demand make it a valuable asset. Finally emphasize that Bitcoin offers financial autonomy and privacy, as it operates outside of traditional financial institutions and allows for pseudonymous transactions. The key to success is having a humanist, well-informed and balanced approach that addresses concerns while highlighting the benefits of Bitcoin is the best way to convince skeptics to consider buying it. |
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My view is yes, During times of crisis to hold Bitcoin can be profitable because of its decentralized nature. In many crisis-hit areas, traditional financial institutions may be unavailable or unreliable, leaving individuals without access to their money. However, with Bitcoin, individuals have complete control over their finances and can access their funds at any time.
Additionally, Bitcoin's limited supply and decentralized nature make it an attractive store of value during times of inflation or economic uncertainty. By holding Bitcoin, individuals can protect their savings from the effects of hyperinflation or government intervention meaning overall, Bitcoin provides a safe and accessible alternative to traditional banking, making it a valuable asset to have during times of crisis.
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It is important to note that the price of a coin is calculated by dividing the total supply of coins by the market capitalization of the coin. Don't forget that the supply of cryptocurrency in circulation is also an important factor in determining its price. This refers to the number of coins available for sale, with the remainder locked or stored on the blockchain.
What it means, by Understanding these factors and how they affect the price of cryptocurrencies is very important for any individual, investor, institution and trader who wants to get in and make advanced decisions based on preliminary information on the market and anything else that is deemed important.
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This question is simple because the answer is unequivocally YES but the answer has complex and deep meaning so let's get on it. Buying or trading bitcoin is an activity that considered as inherently risky. If you engage in that kind of activity you can consider yourself as a risk taker. Why it is considered as inherently risky? It is because the outcome of buying bitcoion are probable not guaranteed meaning that we are not sure if we can make money. We are simply taking risk when we buy or trade bitcoin BUT it doesn't mean that we are correspondingly accepting the risk of buying bitcoin and that is the PROBLEM. I think Yes, because buying or trading Bitcoins is a risky activity and regarding your point maybe I can explain as far as I understand where buying or trading Bitcoins is a risky activity. However, just buying Bitcoin does not automatically make you a risk taker. To be a successful risk taker in this market, you must fully accept and embrace the risks that come with investing in Bitcoin. The best Bitcoin investors and traders are those who understand the risks and are not upset if they lose money. Meaning they are prepared and it is no longer a PROBLEM |
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The advent of artificial intelligence (AI) and machine learning (ML) has sparked a debate about the role of technology in the workplace. Some fear that robots and automation will replace human workers, while others argue that machines will enhance human capabilities and create new jobs.in the midst of this discussion, we often overlook an important factor: it's not human vs. machine, but rather human vs. human. AI and ML are tools that are designed and controlled by humans, and their impact in the workplace is determined by how humans choose to use them.
You have made an excellent point that the impact of AI and ML in the workplace is largely determined by how humans choose to use them. While some fear that machines will replace human workers, the reality is that these technologies can enhance human skills and create new job opportunities. However, it is important to be mindful of the biases and assumptions that can be reflected in the development and deployment of these technologies, and to work towards a future where humans and machines can work together in harmony. In simple terms, AI working on orders or programs from humans. The meaning no matter how much or how skilled AI is, it still needs humans as their main control. Especially the daily or weekly routine maintenance part, because if an error occurs in that machine it will have very fatal consequences, especially if it is placed in the industry. In my opinion, human involvement is necessary for the safe and effective use of AI technologies in various industries and you are correct in your understanding that AI is programmed and directed by humans Even though AI may be highly skilled and capable of performing complex tasks. And I think it still requires human supervision and maintenance to ensure optimal performance and prevent errors where routine maintenance is very important in this industry where machines are relied upon to perform critical tasks, because even a small mistake can be fatal. |
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From what you've shared, it appears that your friends' lifestyle of frequent and expensive gatherings centered around drinking may be a waste of both time and money. While everyone has different values and priorities, spending such a significant portion of one's income on socializing and alcohol can be unsustainable and irresponsible. It's important to prioritize family and financial stability, especially in today's economic climate.
Personally, I believe in finding a balance between socializing and saving money for the future. I do not have a personal average spend on such gatherings, but it's important to evaluate the cost-benefit of any activity and ensure that it aligns with one's values and goals.
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