I think your example is not mutually beneficial due to the volatility of the bitcoin price. Both would be at a disadvantage I think bitcoin will need FIAT until bitcoin volatility is not a problem but given the circumstance it will be enduring.
We have gotten used to the fiat pair and we have learned how to use bitcoin in the best possible way. We always come to the same place when we ask ourselves about the value of bitcoin. In a short time, bitcoin should be included as a means of payment by a large majority when that moment occurs, we must all agree.
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I have practiced the three types of people you describe based on my bitcoin preference. My choice is holding bitcoin for a long time. Although I own some altcoins, I need bitcoin in my portfolio because I want to know its future as an idealist.
The entire crypto market needs bitcoin based on the experience that we have lived through, despite its volatility, it is the most supported digital asset in the world. Bitcoin since its inception has changed history and the most prominent statesmen follow its course stealthily.
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Futurologists have made predictions that Fiat will be replaced by bitcoin and cryptocurrencies. The most successful is the following: I think some of you will agree with me that we own more bitcoin and crypto than fiat. We all lead destiny together based on what we believe, in search of solutions because inflation is latent and humanity needs an answer to the facts of life in harmony with the planet.
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We still do not have a 100% Covid19 vaccine. But do not be afraid to get vaccinated, my sister has already received the Chinese Sinopharm vaccine and did not feel any side effects to regret. I have not yet received my vaccine but I plan to get vaccinated. Covid19 will apparently be with us for a long time. We have just seen the opening of the Tokyo 2020 Olympic games and there have been athetas who will not compete because they are infected with covid19. I admire the courage and dedication of the organizers to making the event possible. There we have our brave young people fulfilling their golden dream of participating, reaching new marks in the rating, competing and winning. My message is "Yes" to the Covid19 vaccine.
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I agree as some of the members think. In the answer that is because investors see bitcoin as a store of value. Just as we believe in bitcoin, we are supporting the fact that blockchain is disrupting finance and technology. We have displaced the PC Internet for the mobile Internet because we spend most of the time using it. Digital gold reminds us of physical gold that is money and has value that is why people call it that. Peer to Peer or P2P is the main characteristic of bitcoin in its beginnings as we know but it is more common to associate it with the "store of value", digital gold, active digital.
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AxieInfinity is doing well. They know their audience with the goal of creating new features as they well say as they progress in the work on scaling in the primary game servers. 5,000 AXS ($ 145,450) from the play-to-earn allocation pool in prize money for community tournaments will raise the expectations and interest of the Axie community and also that others join the game. AxieInfinity has managed to break the schemes is top trending in Coingecko in the last weeks since I have realized it and possibly it has been longer. IMO the developers are committed to keeping AxieInfinity the darling of blockchain games just wanting to stay on top.
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The world is upside down. While there are people who want to get vaccinated, others do not want to. It is obvious that the Polish government is doing everything possible so that its population makes the determination to get vaccinated against Covid19. The incentives are magnificent, I admire the country of Poland for the desire that its population is safe. On the other hand, in my country I was entering the website where we must make an appointment for a notification to arrive indicating the day of vaccination and I have noticed that my city does not appear on the list. I think the website needs updating. I would like to add something from a Covid19 case. A famous singer from my country after overcoming Covid19. He has suffered the sequelae of the virus and he is suffering from peripheral neuropathy, his relatives say that he has started from scratch to speak, etc. This is a message that he sent to his fans. https://www.instagram.com/tv/CRnJVVWAjU8/?utm_medium=copy_linkChyno Miranda official YouTube channel https://youtube.com/c/CHYNOMirandaOficial
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In the digital media I found no mention of the arrest of Ruja Ignatova 'Cryptoqueen'. Perhaps it is a rumor but remembering the criminal act of this woman and her organization was one more reason for wanting to kill bitcoin with her shameless ponzi scheme and she did not succeed now she is a fugitive and sooner or later she will have to respond to justice. Sometimes I think that criminals have a mental lapse, do they really believe that they will succeed in their crimes? There is no perfect crime, greed always comes out at some point showing the clues that something is wrong. From something bad that happens we always collect good things now we can know how to recognize a scam project. The following article points out that Ruja Ignatova may own 230,000 bitcoins. https://news.bitcoin.com/lawsuit-claims-onecoins-cryptoqueen-ruja-ignatova-holds-230000-bitcoin/
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To know the market situation we need to read the news. Although there are some digital media that spread FUD towards bitcoin, we also have others with accurate information to know what really happens. I was also alarmed on July 20, 2021 when bitcoin fell to $ 29,772.66. Take a look at the media where almost all of them reported that the bitcoin mining businesses were leaving China for the USA, Canada and Kazakhstan. OKAY! I thought this is the reason. Fortunately, the migration of bitcoin miners did not affect the crypto market that much. In fact it was a good opportunity to buy the dips. Some might feel depressed like me on the 19th, 20th but on the 21st just 24 hours ago The BTCWord was held and suddenly all change in the crypto market, the price of bitcoin today stands at $ 32,316.38. Prominent advocates such as Jack, Nick Carter among others and Elon Musk participated in the event, which in conclusion was a positive gathering for the bitcoin community.
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I have seen that The BTC Word conference has been positive, the market has shown its reaction. I don't know guys, it occurred to me that this conference was created to ease the rough edges between Elon Musk and the bitcoin community. I imagine you noticed Elon Musk's t-shirt, "The Evolution of Money." BTCI like the initiative to carry out the B Word conference because all the participants had a masterful intervention as I can read in some comments. IMO this conference can reach many people since it is news in the digital media and could publicize the benefits of bitcoin as we see it now and in the future. https://www.newsweek.com/b-word-conference-live-elon-musk-jack-dorsey-talk-bitcoin-1611937
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The title had an authoritative message, I mean the delivery of the gold to the Federal Reserve Bank. I imagine the discontent of the time, there was no other choice if you wanted to keep a little of your gold you would have to devise some maneuvers. You are very right "Bitcoin is more real than money in the bank".
Today I felt sad when I went to a bank in my city, because I can see how people need to withdraw some money, especially older adults. It is an odyssey to withdraw some cash in Venezuela a daily average of $ 5. Inflation is terrible. Sometimes I think that it is no longer worth issuing money because it only loses value in a year. I hardly use paper money the bolivar only if it is strictly necessary. The phenomenon of inflation has a solution and especially for impoverished nations and it is bitcoin.
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On March 11, 2020, the Covid19 pandemic was declared worldwide. If we observe a Bitcoin chart and take a look at its price. We can realize that it survived and has responded effectively to all events that have passed. There is no doubt that we have lived the worst moment of humanity and best of all is that we have overcome it.
Bitcoin will survive for a good purpose worldwide. Many doubts will come to Bitcoin but if people who still do not know, they try at least some of their benefits, they can realize that all the principles are true for which it was created.
History has not changed is repeated in all corners of the planet because those who had to defend our rights ignored us because they preferred to accumulate riches behind their people. Since its Bitcoin conviction offers freedom without borders that give solutions to the most oppressed people. But these people need the light of knowledge to see that freedom.
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It has happened in the city of Miri in Malaysia. After reading the description of the video with the help of a translator. As the popular saying goes " if something bad happens, something good will come out of it".According to this article one of the best destinations for Bitcoin Mining is USA because it is a country that has the cheapest and renewable energy sources as we know. Now I think Bitcoin Mining will have best mining equipment to reduce environmental impact. Fortunately we have advocates like Michael Saylor, Jack and others who care about the future of Bitcoin and that they say that Bitcoin is one of the most clean industries in the world so they will be aware of this new direction that has taken the digital assets more Important that we currently own.
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"Freedom of thought" in relation to bitcoin. I could say that bitcoin adapts to any thoughts and ideas. I am going to take an example of the Coditian life that I see often on Twitter, the social network of my preference. Today I saw a tweet from a Systems Technician girl in Bogotá, Colombia asking for help to find a job. Many people showed her solidarity and guidance, I also did the same. It occurred to me that this girl could provide IT technical support remotely and request her payment in bitcoin, Paypal etc. There are many job sites with these characteristics but still our society encounters the traditional system of finding a job in the ways we have learned. In this case bitcoin could be seen as financial freedom because it could satisfy the needs by providing an income to this young woman because she alleges that she and her father are the ones who provide the support of her family. https://twitter.com/alehc__/status/1416040444543307778?s=19
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I am Venezuelan, my life changed since I used cryptocurrencies for almost three years. But we are not the majority, we are still few. I think that if we increased we could get a little out of poverty. We need the interest in bitcoin and cryptocurrencies from the main engines of our economy to be able to boost all economic sectors. There has been interest in private companies but progress has been little. Perhaps due to the pandemic but I have not yet seen a noticeable progress that is sustainable. When the economic indicators show growth thanks to these investments, we can affirm that Venezuela also achieved it. That is why I can tell you that we are still a minority in Venezuela who see their future with bitcoin and cryptocurrencies.
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I doubt that in times of pandemic people can stay relaxed. When the pandemic started in my city, as it may have happened in other cities in the world, the food and medicine businesses were a priority. So any entrepreneur in my city needed to earn income in some way and they dedicated themselves to offering these items. I also saw that fast food businesses offered their home delivery services since visits were not allowed in establishments. One of the small businesses that grew the most was confectionery, also at the request of customers. In short, this pandemic taught us to move and be more careful and stay at home. We do not know when it will end because when we think that we have already reached the end, Covid19 returns as happened in Israel, which had ended the mandatory use of the mask and due to a new outbreak of Covid19, Israel demands to use them again. Coronavirus: Israel reimposes masks amid new virus fears 25 June 2021 Israel has reintroduced a requirement to wear masks indoors amid a rise in coronavirus cases, just days after it lifted the measure. Concern has grown after the country recorded more than 100 new daily cases in successive days after registering zero earlier this month. Most of the cases have been linked to the Delta variant from abroad. https://www.bbc.com/news/world-middle-east-57594155
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Totally agree! The price of Bitcoin a year ago was at $ 9,203.37 and the consumption of my basic basket has remained the same when compared to the price of bitcoin today $ 31,816.34. At least bitcoin was able to save me from inflation and allow me to buy the same groceries. I think that most of us need several sources of income in order to save a little money for the future. Every day we can see that we need cryptocurrencies as alternatives to FiAT in order to sustain inflation. I live in Venezuela and my testimony is the contrast of a person who supports a family of four and who eventually has to support two older adults with food. It is a tough battle but the power of God is great. Inflation of Venezuela (Reuters) - Venezuelan consumer prices rose 28.5% in May, more than the 24.6% rate reported in April, central bank data showed on Wednesday, as the crisis-stricken OPEC nation struggles to contain inflation. The price increases in May brought the annual inflation rate to 2,719%, according to Reuters calculations based on central bank data. Venezuela's monthly minimum wage is now equivalent to just over $ 3, meaning many in the poverty-stricken nation depend on remittances from relatives abroad or side gigs to survive. https://www.reuters.com/article/venezuela-inflation-idUSL2N2NY2I5
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Paraguay's Bill is described as: "Draft Law that regulates the industry and commercialization of digital and crypto assets" It invites investors in cryptocurrencies: mining, exchanges and businesses in crypto to invest in Paraguay. Backed by the legal, financial and fiscal security that the law promulgates. With the approval of this draft of the Law of Paraguay, the country intends to compete in sustainable bitcoin mining. Simply what other countries like China, Japan, the United Kingdom and more recently Italy reject. With this law of Paraguay, if it is approved, the country welcomes all investors of crypto assets. Obviously, Paraguay seeks progress is a win-win project.
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I have seen several projects that want to make musical NFT, personally I have not seen this yet, maybe you have met this and can you tell me what it is about in general?
I have read this article that announces a partnership between the Avalanche network and NFT STARS is a new project that would be worth taking a look and trying. Now that NFT is booming. NFT music is a novelty, it sounds like opportunities for new artists and if you already have an account on social networks it is a great help.
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