*bump
So nobody here is located in El Salvador?
You shouldn't really be asking this kind of question because in a way it's kind of a doxing attempt because you're asking for someone's location although in a country but still it's not appropriate to do so imo. But I can't really blame you, it's for business purposes after all, I just hope that this is a legitimate inquiry because if not then it's a waste of time for you and the person that's going to be talking to you about your proposal. Also, it's in your best interest if you post something about the business partnership proposal in the Service Discussion or Services Board, you might find the person you're looking for in those boards as that's where most of the people that are looking for jobs to do or people that need some work to be done stay and check new postings. |
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That's the problem. You guys assume as if Quantum Computers would adjust to the growth rate that most computers have right now. The thing is, since these mofos solve and compute stuff exponentially compared to the conventional computers, there's a great propensity that even if it weren't able to crack the SHA-256 encryption system from the get-go, it's only going to be time, time that you can even count on your fingers before it could crack the code. So yeah, we can stay deluded and happy that the bitcoin network would be safe against Quantum Computers once these things get commercially available, or we can ready ourselves and prepare harder layer 2 solutions or security systems that would fend off hack attacks that would come from these new-gen tech pieces.
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For sure there will be a craze for that last bitcoin/satoshi. People already paid crazy money for ordinals and they weren't even that good, at least for bitcoin, what more could it be if you're literally given the chance to hold a piece of cryptocurrency history?
Of course at some point this hype will die down but as with all relics and memorabilias there's a good chance that this might even get serialized physically, recognized by whoever tracks stuff like these and all that shit.
But yeah, the last few years for the last few bitcoins will definitely be an eventful moment for the cryptocurrency world. I may not live long enough to witness that, for god's sake it will literally take 2140 before all bitcoins are mined (at least ideally), but at the very least, if things go well we're holding on to the premise of a bright future for bitcoin.
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I'll pick both. Fiat investments like Real-estate and stocks/bonds are a long-term profit engine that you could use to build generational wealth, basically make your kids and their kids' kids' lives comfortable and lavish.
On the other hand bitcoin investments are great regardless of what you say about its volatility. Matter of fact that's the very thing that makes it such a good investment to make these days.
So instead of sticking to one and singling out my earning potential, I might as well just go for the safest track and diversify my portfolio, you can't play with money especially if it's money for the future that we're talking about!
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Bro just casually forgot about the infamous 'bitcoin is better' stint that Elon Musk made back in 2020-2021. I hate that pretentious bastard but I gotta hand to him the fact that if not for him, it would've been way harder to adopt bitcoin. Keep in mind that during that period we're literally stuck in one of the worst biological disasters of our time, quite worse than the bubonic plague arguably, and yet thanks to him bitcoin shot up in value from the confidence that he injected upon people.
It's all cool and I really wish he stayed that way and not out himself as a pretentious clown so thirsty for internet validation, but oh well. You either die a hero or meme long enough to be the cringelord of the internet.
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It could happen. This happened in Ukraine last year, granted there is a centralized donation/charitable institution that handled the transfer and facilitation of donations and funds for the refugees and victims, as with Palestine's situation I'm not sure if they have the same liberty sadly. Although I guess we could send our donations to the same people who advocate for the abolition of the war and all that stuff, especially those who remain to have audience/internet connection within the country, preferably those who are opposed to the abuse that Israel is subjecting Palestine over cause I see a lot of these motherfucking influencers brainwashing people to make it as if what Israel's doing (bombing cities and using innocent palestinian children as practice dummies for their drones for months on end).
Globally, if we have a governing body regarding charities and institutions that we can trust, perhaps they could setup crypto donations, and I'd be more than happy to chip in some help!
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Not gonna lie, I got subjected to one of the worst situations you can be in corporately as of now (got laid off on my other job, had to focus on my deadend 9-5) and I have to make do of the situation until things get a little more brighter, so yes, I've been in a pickle as of now, good thing I have substantial savings that would keep me afloat for a couple of months to a couple of years depending on how inflation acts up in the future. Anywho, the bacon comes for those ready to grab it with a fork, so if you're dilly-dallying and blaming other factors for why you're dealt a bad hand now instead of actually acting upon your situation and doing something about it, this pickle you'll be in, you'd probably be stuck in here for a long time, if not forever even.
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If USA will be in the war in future or any international conflict that can lead to the war - the USA government can confiscate all Bitcoins for war expenses. There are already 21 millions mined BTC, so this can be real war budget booster for weapons and other expenses. USA currently has also $33.54 trillion in federal debt, so if there are such international conflict, mined Bitcoins seizing for war budget can be really on the White House decision table.
War with who in particular? You can't be in a war and just want to ban use of something when it is not affecting you. If USA should be in a war, they might want to sanction the countries that become their enemy and if they want to make payment through the bitcoin, then that's the only when it becomes an eye soar for them to confisticate any bitcoin transactions they found illicit(in their dictionary), which everyone will understand because it is personal but they can confisticate all the bitcoin, they don't have the power to do that. Furthermore, Bitcoin miners are not situated in a single location which bitcoin decentralized and decentralized means power shared across diffrent areas. If today USA want to stop bitcoin, they can only ban it in USA but they don't have the power to it globally, the world doesn't only revolve around US, other countries have bitcoin in possession but they don't speak about it and if US don't like it, what US feel don't affect them. It might affect the price but it will get stronger with time. I think OP's referring to the fact that for the most part, during conflicts of this degree every country obliges their constituents to surrender some of their belongings to help fund war efforts as shit doesn't pay when you're in the middle of the red zone. Thing is, despite this I don't think there's a possibility that the US could ever successfully make the people surrender their bitcoins. It's literally encrypted for crying out loud, what are you gonna do, surrender your trezor to them? Lol. Plus I reckon most of these war hungry retards in the upper echelons of the government couldn't operate a fucking smartphone let alone a hardware wallet for that matter, so they'll resort ot tangible goods instead, just as how things have been in the past. |
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Depends on how you use it. I've seen people subject themselves to crippling debt thinking that these credit cards are free money dispensers that do not bite back. It's also quite possible for you to gain higher credit, and be allowed to enjoy the finer things in life like an approved loan no matter how big that is, and all that stuff, if you're a good paying credit card holder.
It's all in how you carry it really, not about the card itself. Sure, some cards grant more power, some cheap out on features and benefits, but at the core of it all a credit card acts as your passageway to managing money more wisely, cause when you're in the face of money that's accessible whenever you need it, self-control and discipline is what would matter the most.
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Title's a little misleading, I come in expecting a topic about studying bitcoin's inner workings and I find out we're talking about the bit signal lol. It was a mild troll that the people made in retaliation to certain EU laws that are included in the Markets in Crypto Assets regulation paper. Probably a little pub stunt as well like what many have said here to bring the crypto king back into the mainstream especially now that bitcoin's nearing the halving period and we're going to enter another bull season most likely.
I say let them lol, as time goes by more and more of this will happen around the world, people will know about bitcoin, and the rest is history.
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I don't think bitcoin will ever become big in day-to-day small payments, for the simple fact that it is very valuable and will become increasingly so. For that you'd better pay for the other rubbish options you'll have to pay with, basically fiat in its different variants, such as cash, cards and CBDCs or shitcoins, when payment is implemented. Not for nothing does the article conflate 'crypto' with bitcoin.
pretty ironic considering it was made in the first place to facilitate peer-to-peer payments but whatever, I guess that comes with being a store of value at the same time. Eventually though a bitcoin fork could be made that does not focus on the earning part of the spectrum but instead on the general purpose, maybe add in features like creating smart contracts as well, and then make it so that bitcoin's value remains as stable as possible (Although I myself don't know if this is possible or if you could do this lol). I'm probably spitfalling here but it's the closest solution we can get to in terms of making bitcoin a viable payment system. Leave bitcoin that makes money to the ones that want to make money, and those that want to use it as a payment system to those who want to make it a payment system by creating a fork. |
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Munger is Buffet's bootlicker, who he himself says that bitcoin is nothing but a speculative asset and the growth that bitcoin exhibited over the past few years has been nothing but a sham. But eventually we find out he's investing in cryptocurrencies himself, or at least his company. What a fucking hypocrite. I wouldn't trust these senile motherfuckers with my life, let alone with my investment choices. Buffet got lucky with the coke investment and he would never shut the fuck up about it, Munger's got no balls and he's probably just licking Buffet's scraps, no one beyond the investment world really knows them as well, but ask someone on the street about bitcoin and they'd tell you what the know about it. Move on people, these kind of senile retards do not deserve our time.
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War doesn't happen on your property, it's one of those non-negotiable shit that you still can't do something about. What you have to look forward to is reparations. Some countries who lose the war, like what happened to Japan and Germany in the 2nd World War, were forced to pay for reparations to countries that they invaded. Doesn't matter if they're fucked economically themselves, they have to do that as a symbol that they yield and as a little "sorry g" letter to the ones they committed atrocities against. And it's not like you can't just choose to not build a house even if it's within war-stricken areas. It's like telling someone that's starving to not eat just yet cause there are people who are hungry outside and they might take away their food. |
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This is common business practice, people already know how much they are getting fucked over by companies and all that shit, it's all a matter of choosing which master feeds you well and ties you on a longer leash, for the most part, since most of us here are minimum wage earners let's be real here, we don't get to choose who to serve, heck if that's not the case we wouldn't be out here scrambling for job interviews. In any case, systems sucks, all that shit, but we don't get to really do anything about it cause every single one of us have mouths to feed.
I say if you're not comfortable working on site, look into freelancing, but you'll be surprised to find how messed up the entry system to that world is as well.
This is very common in our country but this does not mean that this should be treated as if it is okay. People dont just have much options. Its like theyre caught in this endless loop of trying to find the best way to survive and they were stuck in these jobs that barely pay enough. No one legally complains because people got bills to pay and families to take care of. So they go job hunting, hoping for something better, but it's not like there are fantastic options out there waiting for them. People like us who are privileged enough to even have the resources in this forum are fortunate but not everyone gets the resources. So youre right, we are constantly trying to find a way to escape the struggle, but the system just keeps throwing obstacles in our path. Everyone has to keep going so kudos to us for even trying! @OP you're correct, but do you think your opinion can change the system?
I am certain that being silent or not having an opinion is worse. Bad things shouldnt be treated as normal. I'm not saying it's okay. Matter of fact I detest it, but can we do something about it? There's a fine line between normalizing stupid shit and actually succumbing to the powerlessness of the situation, I fell right into the powerless end of the spectrum and now people think I'm being a pedantic asshole cause "I don't do shit against the system". I hate it as much as the next guy, but I'm not so hopeful that I could change it you know what I'm saying? In our country it's a dog eats dog world, only real solution I could provide is upskill and earn your badges, but even that would take a whole lot of effort. |
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It's not gonna work for the crypto industry. The reason why it's so big and profitable right now is because it was generous enough to allow everyone to create their own crypto and get the chance to break the market and earn their place in the industry, if we were to bar them from doing so and just allow bitcoin, innovation will die and no one will be able to compete. I guess bitcoin wouldn't die cause we can put them up for ETF on the stock market and after some time it would be accepted into NASDAQ, but the point I'm trying to make is that the industry's good enough as it is. I want it to stay like this and improve upon this current formula. If we were to bar people from creating their own cryptos what's the point of making crypto "decentralized"?
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They still recognize the risks and challenges that bitcoin could pose to the average trader, but the thing is since bitcoin’s the most consistent out of evety crypto out there when it comes to price action, it’s the most attratcive when it comes to investing. I reckon this is what he meant since he’s also talking about how bitcoin is more attractive than gold.
In any case I agree with both. Bitcoin is good and all, but you can’t just tell people to invest in it, especially those who are not familiar with the way that the crypto world works.
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Can we transfer this to another board? I don’t think it’s really about investment lol. Like of course we know that health is wealth and not taking care of yourself is the biggest fumble that you can make for yourself financially. I reckon a lot of us here aren’t dorito-crusted mountain-dew slurping fat asses, and most of us here have some sort of exercise regimen that they use to stay in shape. I just don’t think it belongs to “bitcoin discussion” since there’s not bitcoin to be talked about.
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It's much better if you do both if you'll ask me. Having tried both trading and investing, they are fairly equal in terms of overall yields, one can just be tweaked into being more on the short-term which is trading, and the other you really need to do the long haul if you want to grab a massive bag. Although skill-level wise, I'd say holding/investing in bitcoin is much easier and safer to execute than actually going for trades and all that stuff. For one, it's easy to lose your money in trading and not know why it happened. In investing there's only two outcomes, and you know why both will happen.
If you're a beginner in the crypto industry, I suggest investing before trying to do trading, it's safer and much easier than the latter, start trading after gathering enough info about it. Don't rush in blindly.
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Oh I think that an ETF is coming but perhaps not as soon as we all hope and speculate. The current pump is 100% speculation hype, I would say. But that does not mean that that is a bad thing. It just means that people are investing in Bitcoin ahead of the ETF, although nobody really knows when an ETF is coming but they are excited because it is definitely coming now, after there are no more obstacles which would stop it. But who knows? We have been in for disappointments in the past as often as we have been in for nice surprises. Either way, time to hodl  I would agree. They'd milk the fuck out of this cow first before they sell it off the market for scrap meat. They've been biding their time all this time and it's particularly suspicious that Gary Gensler couldn't talk about what's going to happen to bitcoin ETFs after the prior ones. I don't know just might be the skeptical in me but I just can't picture in my head a world where he doesn't know what's going to happen to bitcoin ETFs from here on out. In any case, I don't really count on this ETF or whatever for bitcoin's price increase, it's a little fickle for me and we needed something more sustainable if we want to have something like the 2020s where everything outright pumped out of control. |
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No surprises about that. Tesla's stock has been tanking since the start of this year and it doesn't show any signs of ever stopping til now. I'm not sure as well if this is the year that they sold all their bitcoin holdings or whatever but I'm pretty sure it's this year and that could've contributed to the massive depreciation in value. Also saw some journalistic article talking about how Elon cried like a baby during one of their board meetings talking about the state of the company. I think Tesla's in deep trouble internally and financially. It's as if the world is finally realizing that electric cars would work, autopilot won't, and since Elon's at the forefront of this movement, he's getting the brunt of the work.
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