This is a dream not only for women, but also for men. That is, any person who wants to leave behind a successor to his savings.
I understand your message and I support it. Info about bitcoin should be included in the basic financial literacy for children and taught how to use it. It is also important that history doesn't repeat itself as with the heroes of Mark Twain's book "The Gilded Age: A Tale of Today" and the children don't place their hopes for the future only on bitcoin, expecting untold riches and doing nothing at the same time. I repeat, it is necessary to teach knowledge about bitcoin in combination with the basics of financial literacy. Without this, the outcome may be sadder than expected.
I also see the advantage of such training in that the younger generations may become interested not only in the financial side of bitcoin, but also in its technical capabilities. And who knows, maybe your child will be inspired to new achievements and someday he will bring tangible benefits to the bitcoin community. After all, he may turn out to be the second Buterin.
As crypto/Blockchain tech becomes more popular, we will see more educational materials that will help guide newcomers into it (especially Kids). Some kids are fast learners, so it's likely they'll quickly adopt Bitcoin for their own benefit. A kid using Bitcoin now, can be a great asset to the community in the future. It's never late to get into Bitcoin. Mainstream media and governments will do their part in order to try to scare away people from Bitcoin, but that's where we come in. As long as there's a dedicated community that will help spread awareness of Bitcoin, nothing else matters. Who knows if sometime in the future this exciting technology is studied at public and private schools worldwide? Just my thoughts  |
|
|
|
Sorry for a small delay, payments are on your accounts.
No problem. Another successful payment as usual. Thank you DogecoinMachine and Crypto.Games team! |
|
|
|
Russia has to find another way to continue with the global trade and since they have been thrown out of the SWIFT system, they would certainly want to continue with their own currency. But I think it's only a proposal for now and no concrete decision has been made yet. While Russia is demanding only Rubble payments in exchange of their gas and oil which will force some countries to buy Rubble to support its value. Also he has proposed to peg 5000 Rubbles with the value of 1 gram of fine gold. It's a masterstroke from where I see it!
Russia is the second highest global natural gas supplier just after Unites states and even during the war, they were not replaced from its position. So seeking only Rubble payments for their gas supply and pegging the Rubble value with Gold, will reduce dollar dominance from this sector of world trade. Also it will support the value of Rubble from falling down. It is indeed a game changer in many aspects!
It's a wise strategy that might help rise the Ruble from the ground up. But getting access to gold reserves when sanctions are in place, is quite a difficult task to achieve. Maybe China will help Russia with this? Anyways, I think Russia should've thought about making its economy self-sustainable sooner. Now it's too late to do anything about it, as most countries stopped doing business with Russia. Sometimes I wonder how long Putin will last with increasing pressure against him. Unless he acts quickly to help restore the economy, his regime won't last soon. We'll see how Russia's currency will perform by the end of the year as the US and the EU continue to tighten sanctions. Just my opinion  |
|
|
|
In my opinion you and all those who have commented before me have left out the most important point: the absolute loss of privacy.
CBDCs emerge not only as an alternative to Bitcoin and crypto, but as an improved version of cash (supposedly). The problem is that with CBDCs governments and central banks are going to know exactly what you spend where your money, and the exact time to spend it.
Cash, as bad as it is in terms of its devaluation, gives you privacy. With some exceptions, like when you buy expensive things that have to be reported, like a second hand car for example. But if you go to the supermarket, the store, the pharmacy etc, and you pay in cash there is no record linking you to that purchase, whereas with CBDCs they are going to know everything.
You're right about that. A full-fledged digital economy patronized by the government will put an end to privacy for good. This will give more power to banks and the government over the mainstream economy. Luckily, crypto will be there to save the day. After all, crypto's decentralized and censorship-resistant design prevents any government from interfering against it. People can still enjoy privacy on crypto regardless of government's actions against it. One thing for sure is that CBDCs are essentially an upgraded version of Fiat without the physical part. Paper money and plastic cards will become history as CBDCs prove to be superior. Which type of currency (CBDC or crypto) to use will depend on a person's needs. As long as decentralization wins, there should be nothing to fear. Just my thoughts |
|
|
|
I think privacy is sacred. I wouldn't trade it for a green light on crypto. To hell with crypto, let the government respect privacy because it is a right, a fundamental right. Without privacy, we are not free human individuals; we are simply government subjects. Freedom is so closely associated with privacy that if privacy is completely taken away, so is freedom. Crypto is not a right. I wouldn't die for crypto. But I think I would for freedom.
When you said you would rather have zero privacy, it chilled me to the bone. It made me remember Orwell's dystopian novel, 1984.
Privacy is crypto's cornerstone. Without it, how can people achieve true financial freedom? A cryptocurrency that's constantly tracked by the government would make it no different than the traditional banking system of today. I can understand Russia wants to avoid people from conducting illegal activities, but stripping away privacy is a no-go for me. Most people don't care about their privacy so they will continue to use crypto in Russia no matter what. I'm glad that crypto is decentralized, otherwise it would've been doomed by now. As long as there are friendly countries supporting crypto/Blockchain tech, the industry will live for a very long time. Just my opinion |
|
|
|
Crypto can't survive without a bear market, if not everything will remain at one spot and no reason to invest anymore what is the best strategy to prepare for a bear market and at the same time keep making a profit from the present market condition.
One thing that I've noticed is that crypto's development progress increases during a bear market. This is probably because developers shift their focus on improving crypto projects instead of maximizing profits as much as possible. Avid investors would simply pour money into prominent cryptocurrencies during a bear market with the hopes of getting a substantial return after the tide is over. With or without a bear market, crypto will survive because of its decentralized and censorship-resistant design. Who knows if the next bull market will make many of us filthy rich? Just my thoughts |
|
|
|
I'm auctioning one (x1) set of BTCC Playing Cards and one (empty) Bitcoin Penny Gold Edition Box. Both items are in mint condition with the box of playing cards having a little wear from storage.
Please note: You will be bidding on each lot separately (Lot 1 and/or Lot 2).
(click thumbnails to enlarge)
LOT 1: BTCC PLAYING CARDS
 
(click thumbnails to enlarge)
LOT 2: BITCOIN PENNY GOLD EDITION BOX (EMPTY)
 
STARTING BID: 0 BTC
MINIMUM BID INCREMENT: 0.0001 BTC
END TIME: MAY 2, 2022 12:50:00 PM EST
**Payment due within 24 hours after the end of this auction**
SNIPE: Any bid made in last 5 minutes will extend the auction 5 minutes beyond the ending time.
If within those 5 extended minutes, a new bid is made, 5 minutes will be added to the auction from the time of that bid.
PAYMENT: Bitcoin -> 3C73jM8AVhzQVXSpNdddLZwa9ey7qEynoh
Shipping to US addresses ONLY at buyer's expense.
Countdown timer: https://www.timeanddate.com/countdown/generic?iso=20220502T1250&p0=793&font=cursive&csz=1
Thanks for looking. |
|
|
|
Both suck but somehow I would prefer CBDC's to Tether because tether is a shady token without and legal ground. In the end neither of those entities are going to back their tokens with any real assets. Bitfinex is already known for printing USDT out of thin air and the CB's will not be any different in this matter. The difference is, Bitfinex has no right to print currency legally. The central banks do.
So even though the inflation will still hurt the CBDC's and eat away your savings, it is still better than losing everything overnight.
People will trust CBDCs more than any ordinary stablecoin simply because they're backed by the full faith and credit of the government. I never liked Tether's shady practices as it manipulates the market for its own benefit. CBDCs would be a much better option, even though they will still be subject to the negative effects of inflation. The inception of CBDCs would mean the end of paper money for good. Everything else will be most likely the same as it is right now. With increasing pressure from governments and central banks against crypto/Blockchain tech, stablecoins might cease to exist in the long term. Ultimately, what matters is decentralization. As long as decentralized cryptocurrencies exist, nothing else matters. Just my opinion |
|
|
|
Bearish season will always be a good opportunity to build our wealth by taking advantage of the market's low value and buying potential coins at their low prices. This is how we should do it, but most of the newbies tend to be fearful than greedy. They let the big whales control the market and ends up seeing them panicking and selling all they have, instead of buying and hodling more when the market is bearish. Its wise to follow what the whales did but most of the time, they move secretly without us knowing.
Newbies don't understand how the crypto market works, so they make their decisions out of fear more than anything else. Most newbies believe that once prices go up, it's the perfect time to invest into crypto. It's a pity since this makes many people go "rekt" in an instant. If only the masses were properly educated about crypto trading, such losses would've been avoided in the first place. Believe me, the best time to get into crypto is during a bear market. Every bloodbath in market prices is the perfect opportunity to gain massive wealth in the future. I'm pretty sure crypto will be much more valuable in the future than what it is right now. As long as you don't invest more than what you can't afford to lose, there should be nothing to worry about. Just my thoughts |
|
|
|
The bank interest I get in my country is currently not more than 8% per year, the central bank provides low interest because it hopes that many entrepreneurs will invest by borrowing from banks, this is certainly not profitable if we save in banks and it is better to invest in cryptocurrencies then use for staking, some DEX provide very large APY up to hundreds of percent so that it looks promising and prospective.
DEXs provide attractive interest rates, but they're extremely risky as any vulnerability in the code or a drop in market prices could make you lose everything in an instant. As it's said in the real world, "the higher the risk, the higher the reward". Whenever you want to stake crypto or save money at a bank is entirely up to you. I'd focus more on using crypto directly for day-to-day payments than as a long-term investment. As long as you don't become greedy, you'll be on a road towards non-stop success. Just my opinion |
|
|
|
Even in the stock market that they are less volatile, they'll not even be stabilized how much more in crypto where it was known for its volatility nature. We can never expect this thing to happen, not I imagine that even let's say that it turns centralized. Once there is buying and selling, changes in demand and supply make prices move up and down as well which is an uncontrollable matter.
I know we can't tell the future of crypto but this is really the thing to happen and that being volatile remains forever. In fact, this is the reason why many have got an interest in crypto.
It's a good point. Stocks still have some level of volatility, even though they're much more stable than crypto itself. Anything that's traded on the market is prone to speculation and manipulation by people with big bucks to play with (whales). While Bitcoin's price may never stabilize, volatility will be reduced as regulations (and institutional investors) come into play. We already have stablecoins, so "stabilizing" Bitcoin's price should no longer be a priority. What matters is how useful Bitcoin is (not the price per coin). As long as it works as intended, there should be nothing to worry about. Just my thoughts |
|
|
|
Cant agree with you mate, what if a war erupt in your location unexpectedly and your all holdings of gold is in the bank, how could you protect that gold? But in crypto you can easily secured it on your own hardware wallet and keep it with you wherever you go no one can steal your wealth.
Crypto is both portable and highly-divisible, outpacing Gold by a long shot. There's been a new wave of "tokenized" assets pegged to the value of Gold, bringing the benefits of crypto/Blockchain tech to the world's beloved precious metal. With a token like Paxos Gold, you can virtually take your Gold with you on your hardware wallet wherever you go. It's the best of both worlds if you ask me. It doesn't matter which asset or commodity you invest into as long as you're able to gain more purchasing power over time. As long as you don't put all of your eggs in one basket, you will have nothing to worry about. Just my opinion |
|
|
|
Government regulation and laws would be the big hindrance or blockage on overall adoption but we know that not every government would have the same decision but most of them would really be on that banning side.
Aside from government, lets talk about people awarenesss and and knowledge about things like bitcoin because we know that not all would really be that knowledgeable when it comes to it.
Lets just wait for overall recognition and acceptance or people to be aware about it existence and dont make yourself stressed out.
Governments are the ones usually spreading misinformation in order to drive people away from crypto as much as possible. That and also the price volatility, makes many people avoid Bitcoin in the first place. I think crypto is still in its very beginnings. We should wait 1-2 more decades in order to see how much people worldwide will adopt Bitcoin for their own benefit. I'm pretty sure adoption will be much bigger in the future than what it is right now, as crypto/Blockchain's popularity increases at a very fast pace. What matters is that Bitcoin stays alive in order to provide us with true financial freedom. As long as decentralization is put first, there should be nothing to worry about. Just my thoughts |
|
|
|
Do you understand what OP means? He didn't discuss Bitcoin adoption or its popularity, he specified telling us about KYC leads BTC to lose its native purpose. We know that many exchanges obligate KYC for BTC holders if they want to trade or transfer their BTC in the exchanges. As Satoshi ever stated that BTC is electric cash with no need for third parties and it keeps our privacy since it is transferred from person to person. Now, an exchange has a role that is almost the same as the third party. No different than when we use fiats and transfer it among banks.
CMIIW
Unfortunately, the OP is right. The ever-increasing number of exchanges and services requiring KYC, greatly defeats Bitcoin's purpose of bringing true financial freedom. KYC will only bring us the single points of failure crypto was meant to avoid in the first place. This is no different than traditional banking if you ask me. While there are still a handful of decentralized alternatives that don't require KYC, most people prefer the centralized route because it's much more convenient. I'm afraid centralization will continue to dominate in the upcoming years. Who knows what the future holds for Bitcoin as regulations continue to take the crypto world by storm? Just my thoughts |
|
|
|
I'm probably more of a supporter of old-school methods, because in my case I trust my private keys only to my paper notebook. I don't use any other media anymore, and I'm very suspicious of any electronic media that can help save passwords or any other sensitive information like private keys. For me, my notebook, locked in a drawer, is a fairly reliable tool.
I think having a physical copy of your keys is your safest bet to preserve your crypto for generations. Without any digital trace, how would hackers be able to successfully steal your crypto in the first place? Only a burglar will be able to "steal" your crypto if he knows the location of your keys stored in a physical medium. The best practice to help protect your crypto is to exercise discretion. By making a physical copy of your keys and storing them in a discreet location, no one will ever find it. There are many ways to store your keys securely limited to your own imagination. As long as you follow the necessary security precautions, your crypto will last a lifetime. Just my opinion |
|
|
|
Being in a union cuts both ways. When you are out of it, you can't benefit from the advantages like tax agreements and that returns you higher import prices. However you can create competition by making more investor friendly laws and that will attract more investors like how UK done here.
It seems to me decentralization is a good thing even on a country level.
The more independent countries we have, the more competition we have. The more competition we have, the more investor-friendly laws we get and that means the world government will never work out. Globalism is a fad.
Yes. Competition is needed in order to help prevent "globalism" from destroying crypto in its entirety. Some governments may become oppressive against crypto/Blockchain tech, but others will embrace it with open arms. I guess the EU doesn't want to be at the forefront of crypto innovation. Privacy is a human right, which is something crypto originally stands for. Without that, how would people experience true financial freedom? We're going to have to see how this will end in the long run, as the crypto/Blockchain industry grows at a fast pace. The more popular it becomes, the more governments will be forced to adopt the "revolution". As long as decentralization wins, we should have nothing to worry about. Just my thoughts |
|
|
|
Maybe that can happen, because there is regular addition of Shiba among accepted cryptocurrency on different services. Recently delivery app from Mexico named Rappi have begun to accept Shiba. The partnering with bitpay and bitso lets the consumer deposit crypto and get it into credits instantly which can be used further. More such addition in different services have been taking place which in long term will help with the growth. Another one addition is the shiba acceptance by leading VIP Travel Company of Netherlands. SHIB Accepted by Delivery AppSHIB Payments Now Accepted by Leading VIP Travel Company in The NetherlandsAdoption is only growing because of the hype. Just because Shiba Inu is being embraced by mainstream businesses, companies, and exchanges doesn't mean that it'll be widely successful in the long-term. What really matters here is active development and innovation. Without this, the project will lose traction at a very fast pace. You can bet the SHIBA dump will come soon, as people move on to the next big thing in crypto. Let's face it, Shiba Inu is nothing more than just a "meme" coin with no future. There are far better cryptocurrencies on the market that are serious in their aims to change our world for the better. As long as you "stick" to crypto's fundamentals (not make your decisions based on hype), you'll be on a road towards long-term prosperity. Just my opinion |
|
|
|
one that I know is going to be very expensive. transaction fees will increase many times. without a centralized exchange, crypto will suffer a setback. and that will make the trust in crypto decrease. some might think DEX can solve that problem, but be aware that it takes a lot of processing to trade from different blockchains. and it will require a fee, different if we use CEX. and when all CEX is suspended, and crypto becomes illegal this will probably be the worst thing for crypto development.
Of course. There will always be performance bottlenecks in decentralized exchanges due to the way they're designed. But with the introduction of cross-chain interoperability, this no longer becomes an issue. As far as I know, atomic swaps make use of different blockchain networks in order to perform the desired exchange (interoperability). Scalability is the least reason to worry about as long as decentralization prevails in the long run. My guess is that developers will start working hard in order to make DEXs better than ever. I'm pretty sure people will get used to DEXs once centralized exchanges are banned for good. Adoption for crypto won't be the same, but at least it's better something than nothing. Who knows how the future of crypto/Blockchain tech will look like with ever-increasing regulatory pressure from mainstream governments? Just my thoughts |
|
|
|
Behind each project, if it is not truly decentralized, like bitcoin, there is a project team, interacting with which the government can demand the information they are interested in. And given that many exchanges require KYC, then almost any coin in this case can be considered as a CBDC, which is controlled by the government.
That's certainly true, mate. Projects with a publicly-known team are often targeted by governments themselves. As a matter of fact, KYC can be easily enforced when centralizing factors are in play. But when decentralization prevails, this no longer becomes possible. It was a good thing for Satoshi to never disclose his/her identity or Bitcoin would've been doomed by now. One thing for sure is that Bitcoin is the only decentralized cryptocurrency in the world since its founder is widely anonymous. Not only that but some members of the developer team are anonymous too. This is different from Ethereum where the founder Vitalik Buterin is widely known by the public. The inception of stablecoins and the ever-rising market dominance of centralized exchanges should be a huge concern to decentralization proponents. Most people don't care about decentralization so KYC will continue to be enforced until crypto becomes no different than traditional banking. Who knows if this will mark the end of an era for financial freedom? Just my thoughts |
|
|
|
Altcoins are mainly centralized because in order to get a fast network and have cheaper transaction fees than the rest of their competitors, they have to make trade-offs. All altcoins are just tools for us to make profit over time, they will be replaced by better altcoins. Only bitcoin is the most valuable long-term holding.
About Sol, I still believe that in the coming years it will grow and have a definite place in crypto what it has shown in 2021 is really impressive and this year Luna is what I think it will be like Sol last year.
Of course. Altcoins often sacrifice decentralization in exchange for high-performance and cost-efficiency. Solana is no exception to this. It'll be up to the person to decide which type of Blockchain network to use for his/her own benefit. My guess is that businesses and companies will use the Solana chain, while ordinary people will use Ethereum the most (as it's still the most popular smart contract platform despite the high fees and slow TX confirmation times). Development is still on-going for Solana, so it's likely the project will have a bright future ahead of it. Hype usually drives prices all the way to the moon, so SOL may turn out to become widely successful in the future if hype persists. As long as there are decentralized cryptocurrencies in play, nothing else matters. Just my opinion |
|
|
|
|
Show Posts
