if you look at how the discussions on this thread started, you will discover that it was not base on either  developed or under developed countries but instead we engage on a collaborative approach on both and how one can manage to live a good and satisfactory live along with the family members via the signature campaign earnings and not otherwise, and all that matters here is on individuals ability to foresee and manage resources for a better living irrespective of location once some certain conditions to deriving a standard of living is maintained.


you're trying to ask a question instead of providing solution to the already asked one from OP title, why not go through the whole thread maybe you could get some meaningful thought as guide.


even though i can't say of Belgium because I've not been to the country before but i can boldly say that in Nigeria such amount is good enough to leave the best comfortability you could ever desire to a certain extent, what we consider here is the cost for a living and the economy situation of the countries, take a look at having $1 to be equivalent to #610 and you could rent a standard two or three bedroom flat in some of it major cities like Abuja, Lagos, Port-hacourt and Ibadan which is apparently very cheap starting from the range of #200,000 to #400,000 in Ibadan while #400,000 to #800,000 in Abuja the Federal capital city, Lagos and Port-hacourt cities respectively, imagine how good this is in Nigeria as all standard of living could be achieved, it's secured and lively as well with constant electricity supply, water and good internet network, and same is applicable to many other African countries.

I still don't know what they stand to gain with all the claim about bitcoin mining energy consumption and the resulting environmental impact compared to other sectors of the economy and government centralized industries, an ordinary vehicle exhaust combustion is not environmentally friendly to human health because of the carbon emissions among other loads and tones of energies required in other sectors and industries especially that of oil and gas exploration, yet government never consider these environmental hazard and find a solution to them, bitcoin that is ordinarily done in an enclosed mining rigs with less or none environmental hazard has the highest challenge and threat all because of it decentralization, are we to assume our governments are greedy to a certain extent or what.

of course we can't expect all the citizens of El-Savador to have the full knowledge about bitcoin at the same time, this is a new system introduced and it has to take a little while for them to het used to it, fine and good they complained inexperience in the use of bitcoin which is a normal thing we all can find challenging when a nee system is introduced but we must not forget that Bukele did not force anyone to use it and their complaints here is not in display of  total rejection for the use of bitcoin but rather the "lack of the technical know how".


base on my conviction I don't see any reason why chivo wallet being centralized should be a challenging factor in a country that adopts bitcoin as a legal tender, it will rather do more good to help those you mentioned that complained their inability to know how to engage the use of bitcoin, if you have the experience about bitcoin as an El-Savadoran and uses chivo wallet then i don't see anything bad if you want to secure more privacy by using an open source wallet along the line, we can't expect the entire citizens to go all decentralized, that will give a serious complications at first, scam rate and many other loss of digital asset will be lost, remember you're dealing with the whole populace of El-Savador.

I will not rate the two players over the other because they are two different players with different mode of playing strategies but i can say to an extent about Lukaku to be a good player Liverpool may not want to do without base on his past records, Nunez is also very good at doing it, i believe he can deliver as well for Liverpool, so far so good am well satisfied with any decisions concluded on by Liverpool now as against next season simply because they have really done well this season and have earned the respect to any decision made, now i can confidently trust their abilities.

let's not give personal or technicality issue room into this as a reason for the El-Savadoran adoption of bitcoin, this is government we are talking about and they have the final verdict, in the case of Bukele he did not mandate everyone to use it but optional instead, now let's consider that as the government accepted bitcoin as a legal tender in El-Savador which automatically means that their banks could as well perform bitcoin transaction, and here the citizens were no more in doubt about what bitcoin is and how they can use it as a currency, i think what needed to be clear here is that the people only need little more time to get acquainted with bitcoin for payment or investment asset as the case maybe.

Another instance is when government want to issue a newly developed project to the people, we all know it requires time for such to be fully circulated and for some citizen to really clear their doubts about it, again another good example here is the covid vaccines, till date we have many people yet to get it, the more it lingers the more new generations were birth and are coming up that will still requires it, same is the bitcoin adoption in El-Savador, quite alright everyone is aware of it but before it can be fully utilized to a reasonable extent beyond doubt requires time, i am yet to see a protest or any expression of displeasure in it by El-Savadoran.

We all know quite alright that bitcoin mining cannot be compared with other sectors and industries that has highest numbers of fossils fuel consumption burning infiltrating the environment with toxic emissions, i think one of the factors that can reduce government pressure on bitcoin mining ban base on the energy challenge is for them to maintain a rapid payment on levied tax maybe there may be good outcome on approach, and the earlier the better for the government to realise that bitcoin cannot be banned by them if they cannot be fully responsible for every individuals well being of financial and economical needs.

Finding a way out through the relentless efforts of Satoshi Nakamoto should be worthy of acknowledgement as a hero and legend of freedom and humans right personality and be celebrated, with time when all mining activities go green with the use of renewable energies then maybe government would have realized the more need bitcoin mining may not adhere to paying them tax again as before.

I don't see any reason tangible enough for bitcoin ban compared to other resources mining and their impediment dangers to the environment, if you consider how gold is been mined to that of bitcoin then you could imagine the difference and margin between the two in terms of the rate they poses environmental hazards, i believe governments make these proposals to ban bitcoin since it beyond thier ability to regulate it, otherwise many are saying if it's been ban POS may be the solution but PoW is what we cannot do without for now not until the whole 210,000 blocks were achieved.

I appreciate the fact that you realize that and take effective measure in yielding to correction which is a display to how keen you are to learning, i realize that many don't act what they say all because they only wanted their voice being heard, there's distinct difference to understand about bitcoin and other cryptocurrencies, firstly bitcoin is a cryptocurrency but not thesame as other cryptocurrencies which tends to be shitcoins as said by JayJuanGee earlier, we refers other crptos as altcoins.

This aspect is an interesting topic to discuss about, both the bull and bear in bitcoin price shouldn't be a thing of much concern for those that truly understand the benefits in both, when there's bull run in price, the long time investors make profits on their investment and during the bearish moves, it gives an opportunity for new investors to set in and also during this period some experience traders goes on short position like day trading and swing trading just to predict the move in speculation price on a dip run thereby making their profits as well, that's why i got pissed seing some users going on panic over the bearish move in bitcoin price when others finds it profitable opportunity.

I don't really think this is possible for every country to ban bitcoin mining, the reason being that they know themselves that bitcoin poses less environmental disaster compared to other activities carried by government such as mining of natural resources, what i think government want is the power to regulate the entire bitcoin mining sector but their rule of power is limited to only tax payment from those minners.


The worst that might happen is to ban the bitcoin mining and if this is achieved then the alternative is to switch to renewable energy use, all this threat created by government is because of the full dependency on thier electric power supply for bitcoin mining, government can't be the determinant to using PoW or PoS.

Freedom, Privacy and Trust are some of the best guaranteed benefits you get using bitcoin not only as an investment asset but as a means of making payments without any compromise to your security, bitcoin is the solution to the ever longing personal economy challenges in our daily lives, it has far more better potentials against the economy inflation because no central authority required to engage the use of bitcoin.

When you're talking about Cryptocurrency, always be precise about which one, bitcoin is a digital currency and it's acceptable for making transactions for exchange of goods and services, other cryptocurrencies are most likely to be sh*tcoins, bitcoin has a role in this modern economy and the role of fiat as well cannot be overemphasized but their respective success in the later future will determine their performance to either replace the other or be use along altogether in the nearest future.


If you should be talking about digital currency then it should be on bitcoin and that is the only digital currency that has the future to dominate the major currency of fiat role in the economy, it's already in circulation, OP i think by now you shouldn't be in doubt about how bitcoin can be used as a currency.

Actually there are some things we are expected to put into consideration before taking further steps on the introduction of bitcoin to the remote areas that are premitive in development, such calibre of people will find bitcoin difficult to use because of the conditions around them which sone are: lack of access to mobile phones, good internet connection, basic foundational knowledge onbthe use of bitcoin and language barriers as many of them in local regions don't understand English, but nevertheless we must encourage bitcoin adoption and the only reason these set of people can get along with the usr of bitcoin is on investment, they may find it challenging enough for their daily transactions.


Since their main motive is to make profit in their daily businesses, we can encourage them to start with an investment on bitcoin as an asset using a reliable exchange with good reputation, they need to find trust in all element of bitcoin they come across with including everyone that is liable in teaching them on how to go about it, since most of them are road side entrepreneurs which make use of fiat for their runnings and bitcoin could only be used for an investment as a start till when they got established to be making it for their payments.

I don't know what in particular that makes you to give such an advise but i think its well acceptable enough to be put into consideration especially for Manchester United, i can have some confidence in Arsenal to an extent now than Manchester United against next season if they didn't change players or re-strategize, but the best way out of any misfortune is for them both to discover areas of their lapses and got them fixed especially Manchester United.

Wat a pity dat my beloved brodas couldn't decern d right choice 4demselves, i looked at hw PYO and Jagaban made their presentation and d whole idea is clear without d help of anyone 2 tell u dat dis is d right candidate 4d kontri, it is a tin of shame seing hw some youths in thier numbers were chanting jagaban all bcos of d little peanut dey will receive at d end, we knw wat is right but yet go 4d wrong choice, we've been d ones used 4d perpetration of dere evil enterprise, but why?.... Otamalo 4 my bodi, we nid 2 wake up guyz, atiku is not a beta option as well, Peter could have been anoda better option bt dey won't give him chance 2 showcase bcos of d party he joined.

Guyz should we pray 4 revolution as an escape route 4rm d hands of dis bad n corrupt bunch of old cagos or wat? dere actions is wat resulted almost all of us here on d forum and are nt redy 2 giv us chance 2 emerge in life, hw can we continue 2 b slaves in awa own contri? Guyz mak we wake up, it time 2 take away government off their hands, Godfatherism is a tabooo... not any more accepted in Nigeria.

Mai broda 4get about dis power of a tin 4 now bcos wat is at hand is more dan dat , we ar talking abt d unrest panic ongoing dat de people are playing game wt human lives, i heard a circular wey bin dey go viral say make evry bodi hold dey 4 him house on june 12 bcos of their plan to launch anoda attack, wen i chek d calendar it fell on Sunday and man gas go 2 church, we need prayers but we must all try evry means 2 dey avoid unnecessary travelings and late night movement, y all dis in d name of a political power at human cost of lives, diaris judgement day o.

Thesame way the football clubs soughted out for a good player same are the players building a well and credible career in their on every match, we have some strategic key players that are more in demand than others, for instance let take a look at the strikers and defenders, this playing wings are more demanding than others and every player will want to deliver the best he could while still young considering his age and years in football career, that's why they could not hesitate to answer a call from any club bidding for their service.

On every board you see there are other sub board (child board) that you can find any topic of interest to read and comments about, there on the top of each board you will find some pinned threads that talks better on what is expected of you regarding that particular thread, at the home icon there you will find the help ifon flose to it, read carefully and learn as well, make use of the search botton as well, and feel free to ask anything here on beginners and help section if you think it has not been seen from the search results, you can as well read beginners and help encyclopedia for more information on relevant topics

The fact still remains thesame that centralized exchange remains centralized and nothing can change about all its demerits against decentralized ones, be it Binance or any other exchange they have the same risk to lack of privacy controls and ever increasing rate of attempts to been hacked, the advice here is not to use them at all, but your major investment shouldn't be left in them because of the risk, and if you're privacy concious then don't even go close to CEX.

talking about Messi and Ronaldo is a big theory we might not finish anytime soon but we have to understand that this players have also performed well when at their peak period, which is the only opportunity live offers them and thet have maximize such, how do you now expect Messi to perform same or better than he did in Barcerlona for PSG, are we to talk of the years he had played for Barca or the familiarity he built in the club and team players, we can't expect to keep having same result at all time especially when time and age counts.