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361  Economy / Economics / Re: If They Can Pay off their Debts, Why Don't They? on: September 22, 2023, 07:17:28 PM

Normally it is often said that, he who goes borrowing goes sorrowing.
Most of this countries you see with huge debt burden,  even if they are among the first world countries. Upon borrowing the money, they find it hard to pay it at the stipulated time for repayment, so what they do is to service the loan interest pending when they will pay the capital they borrowed. What you see at the surface level as debt is just secondary, most of the lenders put stringent repayment system that the borrower will just end up servicing the loan interest. So for some countries this is their reality, so basically I feel it all depends on the agreement on the loan, that makes those suppose rich countries still have huge debt burden.

Usually debtors are taken care of. Maybe that's why rich countries try to remain permanently indebted? In principle, repaying government debt is not such a big problem. But they are in no hurry to solve it. So, having an outstanding debt suits everyone.
362  Economy / Economics / Re: India Expands G20 Membership to G21 During Its Presidency. on: September 21, 2023, 06:51:50 PM
The main thing is not how many countries are in a particular association, but how effective the association is and how equal the countries are. In my opinion, when a large alliance is dominated by a few countries and the rest do their bidding, it is a certain deadlock. Sooner or later the other countries will seek to create new alliances that will compete with this big union.
363  Economy / Economics / Re: Free Investment tips on: September 21, 2023, 06:42:13 PM
Nothing in the world is free.  Everything is now available for something.  None of the things you termed as free investment are available for free.  study?  Is it possible to study without money?  And while learning from home and friends is free, books and connecting to the Internet require money.  Networking through the Internet? It is also not possible for free.  I agree with you that we have free time so it should be used properly.  health?  I know money is needed to stay healthy.  Where can we get the necessary nutritious food without money?  Money is needed to get the essentials to stay healthy and well.  Cultivate skills?  It is natural to have talent but money is needed to express that talent.  On the face of it, nothing is free in the world.

In addition to money, there is also the concept of time and energy. Time is an invaluable resource, and you need to plan clearly how to spend it. If a person has no energy, then he or she is not able to earn the same money, because in order to earn money, certain efforts must be made. Money does not always come without any effort at all
364  Economy / Economics / Re: Early Retirement [Pros and Cons] on: September 21, 2023, 06:36:21 PM
Early retirement is probably a good thing if there's an occupation. Otherwise, a person will feel excluded from social life and as if he or she is superfluous. Therefore, everything is strictly individual. Time pressure on a person is the strongest test.
365  Economy / Economics / Re: X (formerly Twitter) may be telling people like me to exit the platform on: September 20, 2023, 06:56:35 PM

We need to see how its gonna work. It may turn out that switching to paid only model will be a be good for crypto.

First. Twitter is a shithole with insane amount of spam / shill accounts or just bots that never been used by the human at all. This is how 95% of crypto related accounts looks like. It is wrong and something have to be done to make the platform usable  for the normal people.

Second. It would be a nice move if Elon Musk adds an option to pay subscription in crypto and it seems like this is actually going to happen.

Third. Paid subscription will make it expensive to run bot farms which also means that crypto airdrops will have to pay more for twitter tasks which may help you to monetize your own account. It may happen that this subscription may get paid off by the few twitter bounties.

Yes, let's hope Elon can help maximize the spread of cryptocurrencies especially in the upcoming soon to be alt season. X is the unknown. X is an alternative future. Subscription is a scourge for bots. And it will be difficult for botmasters to solve it. Elon is an experienced strategist, and his spontaneous decisions can be very important.
366  Economy / Economics / Re: Our future with renewable energy. on: September 20, 2023, 06:40:29 PM

So many things are to be done if they are going in this direction. Flying a plane is next to impossible if they are to use renewable energy.

African countries are just starting their industrialization. Are the nations that once polluted this world going to stop them from industrializing their country and manufacturing things they need?  They are the ones who are rich in crude oil. With so much oil to use, they can go to war with just it.

This is where Energy means Power. A country with no source of Energy will be colonized and will soon be the next slaves in the next 100 years.

In principle, you're right. Renewable energy - despite its vigorous promotion - is unlikely to beat conventional means of generating energy. The market monopolists simply won't let it happen. Yes, some part of the market is quite possible, but not the whole energy market
367  Economy / Economics / Re: How to reduce the price of goods on: September 20, 2023, 06:23:00 PM
Price increases often have no serious economic justification. It is simply that suppliers and sellers often seek to maximize their profits on any currency appreciation. How to fight all this? In my opinion, very simply. Either by issuing large fines if the price rise has no reasonable justification, or simply by going to jail.
368  Economy / Economics / Re: Use of clean energy in bitcoin mining and its impact on: September 19, 2023, 08:04:14 PM
In fact, the share of energy used for mining is very small in total consumption. The government is just making a big deal out of it. Let them stop their more dangerous military programs. They just want to tax the miners heavily so no one can hide. This is unfair game.
369  Economy / Trading Discussion / Re: What happened to Crypto Volatility..??? on: September 17, 2023, 07:12:59 PM
As a rule, a volatility contraction resembles a compressed spring. At any moment there can be a burst of activity and increased interest. The main thing is to be able to withstand the pause, and also try not to buy assets that have already increased in price. Decrease in volatility is also a period of careful preparation for active actions
370  Economy / Speculation / Re: Will there be a boom again? on: September 17, 2023, 07:08:21 PM
If you study history, the probability of a boom within a year and a half or two years is very high. In the spring of 2024 - another double-digit decline, which is usually the trigger for the growth of the entire cryptocurrency market. Of course, there is always the possibility that history will change, but let's hope for a repeat of it
371  Economy / Economics / Re: What Actually Drives People/Gov to Adopt New and Bold Decisions on: September 17, 2023, 06:57:18 PM
Government is scammer, it makes rules for its benefit . Government does not care public situation. After COVID  many government blamed COVID, they did not change their policies. They take a debt from IMF  and IMF said that you have to increase prices of things if you want to give debt to me. Political people make their houses big, they cut agricultural land and cut into plots , they make a calonies, they build a huge huge factories for their own purpose, they do not concern with poor people or who give vote to them. They came into politics only for power and money. They make all type of sins. They are involved in all type of corruption. Many of the government employees are in power, they are because of political persons. Political persons take money and give high level post to a person who is not eligible for this.

A priori, most politicians steal from the budget by inventing various fictitious activities. Therefore, many of them go into politics to be at the trough. If a person goes against the system, the system absorbs him. This applies to any state and any political system
372  Economy / Economics / Re: for anyone interested in how much their personal data is worth on: September 17, 2023, 06:48:13 PM
As long as you are using the internet and accessing any website or service or platform, there is absolutely no way for you to prevent your data from being shared because you can't keep using a VPN your whole life and some platforms don't even allow that. You also can't stop using some platforms that might be important for you, you might have clients or do work at a certain platform and if you use a VPN, you can access it, so you don't have a choice in that case.

They got tactics they use to collect our data and we don't even realize it, even the clicks that we do, the searches we make on any platform including Google, the messages we send between each other, almost each and everything is recorded and sold to companies for some purpose and we are the victims of that.

Yes, this is the bitter truth of life. All the laws on personal data protection do not work, because they were written by those who collect such data. There are many inconsistencies and loopholes in these laws. Therefore, there is practically no chance to keep the data out of the eyes of others
373  Economy / Trading Discussion / Re: Does monitor size affect trading? on: September 16, 2023, 09:17:43 PM
Most traders have bigger screens and it's not just for aesthetics but it's needed for them to view the charts precisely and widely.
The outcome varies and depends to the decision of the traders but with the help of bigger monitors or screens.
That contributes to the decision that they make because lines and curves are more visible than the smaller ones, so in short it is helpful.

On the one hand, a lot of data is a good thing, but on the other hand, it can all be confusing. It takes a lot of experience and great intuition to make sense of it all. A beginner doesn't need a lot of data, especially on large screens. It will only confuse him. This is my opinion
374  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: How Tokenization Can Revolutionize the Global Economy 💸 on: September 16, 2023, 09:10:41 PM
With the onset of the digital technology in the economy of today's global advancement, tokenization is one of the key means that have been adopted to make a versatile use of this advanced digital technology boost the economy because things are now evolving round about this development and there's a unified means of simplicity in using this medium for digital economy and business finances.

Tokenized assets are undoubtedly great assets. However, these assets need proper protection as any access to them can easily lead to their loss. The owner of tokenized assets must carefully follow various security measures as caution is paramount
375  Economy / Economics / Re: It's good that financial instutions Understood that they need to use crypto on: September 16, 2023, 09:03:19 PM

Each financial institutions has their own budget, plans and how they want to run their financial economy successfully, we don't have to persuade any into choosing any means they have adopted to use as their own medium of payment until their eyes open to see some things unclear to their visions to know the difference between what they are using now and that which they are missing out, maybe in some cases, we should not always think about our own self alone, but other things tide to making decisions by these institutions.

Much depends on economic sense. Cryptocurrencies offer mostly low transaction fees and minimal barriers to cross-border payments. This is a huge advantage, so anyone who can count money will take advantage of it. Large institutions know how to count money
376  Economy / Economics / Re: Why are stable coins free from SEC ? on: September 15, 2023, 08:32:29 PM
The SEC attack on the industry is a planned out attack, and going after stablecoin first won't have had more impact of fear as going after projects issuing coins/tokens did because stablecoin aren't securities but these tokens been minted out of nowhere are all securities and they can be easily taken down. Besides stablecoin aren't the backbone of the industry, the market was there before stablecoin got introduced and even after they're gone the market will still be active. If the current stablecoin get destroyed by the SEC, new ones will emerge and start from where the previous ones stop and the new ones will be more immune to SEC lawsuits so the SEC know what they're doing not going after stablecoin first.

The SEC is the ace up the manipulator's sleeve. Stable coins are not the most tidbit, so SEC tries to avoid them. Everything in this world is bought and sold, including the actions of government agencies, which seemingly should stand on the side of the law.
377  Economy / Economics / Re: If the global economy collapses what's the first thing you do? on: September 15, 2023, 08:25:04 PM
During economic downtime, a real Bitcoiner would not think of selling their Bitcoin asset but rather buying more if the price of Bitcoin dips. As an investor or entrepreneur, you must not only hold your investment in one asset. That's the reason it's also advised for someone to diversify their investments. You could invest in Bitcoin and other things so that during the economic hardship you might still have something sustaining you; maybe it could be profit from other investments, or if you are also running a business, you would be making profit from it. Well, I think one way to prepare for any economic hardship or whatever is to maybe start saving some fiat that you can use to buy more Bitcoin by then and also to meet your needs.

Saving fiat money is not the problem; the problem is where to store that fiat money. Cash is fine, but the problem is that you need space and security (and monetary reform is always a possibility). Storing it in a bank is also dangerous - the account can always be frozen.
378  Economy / Economics / Re: Economics is not fulfilling its true potential as a science on: September 15, 2023, 08:18:43 PM
Sometimes the theories and views of economists do not match what is happening in the field. They are drafters, not implementers.
Those who can change the economy are those who are directly involved in the economy who do not only rely on theory but they also rely on the experience they have gained in dealing with economic problems. Those who have been involved in economics for a long time and have sufficient experience tend to work tactically and sometimes don't care about theory.

Theory is often at odds with practice, it's true. But without theory, it is difficult to achieve much ecocnomic success. Understanding of economic cycles and interrelationships helps to conduct more complete analysis and make more accurate forecasts of the development of the situation
379  Economy / Trading Discussion / Re: If they have the ability why would they sell? on: September 14, 2023, 05:30:04 PM
I'd rather trust advices from a group of trading experts rather than relying on free signals.

Being a parasite to have those free signals will never bear anything in the long run, compare to advices which you can use on developing your skills in trading, because it will guide you and answers everything that you wanted to know. I also knew a group in Facebook which they guide newbies and they help each other but not giving any signals, instead they are just giving their opinion on a certain chart for example, etc.

In fact, trading experts - if they really know how to make money - won't give good advice for free. And if they give you advice for money, that money may be the only thing those "experts" get. So rely on yourself and your intuition, not on other people's opinions.
380  Economy / Speculation / Re: Good time to sell? on: September 14, 2023, 05:23:39 PM
It makes no sense to sell now. Almost all possible negative news has already happened, and the time for positive news should come soon. I think that such news will start to appear in the spring of 2024, so we don't have long to wait. Soon is halving, and that's something to remember.
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