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381  Alternate cryptocurrencies / Altcoin Discussion / Re: Ripple the next bitcoin? on: August 28, 2020, 02:39:12 PM
Oh Yes the new btc-coin whose value is dumped by the owners themselves just pouring 1 billion coins into the market and then saying that they do not affect the coin!
It is not very clear how the new btc can be the coin that can be brought down/raised by the hands of the creators at any time. How is the bright decentralized future and the free market faring? It seems that ripple is not doing very well with this!
382  Alternate cryptocurrencies / Altcoin Discussion / Re: New NEO DeFi Token - FLAM on: August 28, 2020, 02:37:48 PM
Your FLAM doesn't even on first Google page and if you're talking about Flamecoin (FLA) then the first link is a link to this forum lol.
What's with the love of defi-scam lately? Is it a disease or some kind of deviation? Very strange, very strange!
383  Alternate cryptocurrencies / Altcoin Discussion / Re: (DEFI) YAM! YAM! YAM! a scam? on: August 28, 2020, 02:35:27 PM
There is nothing surprising about this. DEFI will be forgotten in a couple of years and it will become the same story as ICO-an unnecessary process with a bunch of scams and an insecure system. I believe that this is really some kind of deception that seeks only to quickly gain a critical mass of money that would then" suddenly and unexpectedly " dissolve leaving a lot of people unhappy.
384  Alternate cryptocurrencies / Altcoin Discussion / Re: Is FORSAGE a Ponzi scheme? on: August 28, 2020, 02:24:12 PM
I opened and read their website - it's crystal clear MLM and nothing more isn't it? Not only do they have a website that just screams "Hey hi I'm MLM" so there is no section with the team. The Answer Is " No One. The Forsage platform is a self-executing transaction that does not allow you to interfere in the course of transactions."the question " who controls" is a total deception.
But the advertising post came out good - I even went to read what this project is. +$$1.5 for creating an interest in the bonus to you.
385  Economy / Economics / Re: How long will it take banks to phase out physical cash completely? on: August 28, 2020, 02:20:07 PM
Until and unless there is free 24/7 internet in every corner of the world the physical cash cannot be phased out. Also the literacy and at least mobile phone for the people is needed to do so.

Well, by the way, Yes lol. These are quite obvious requirements - if we are talking directly about the whole world as a single structure.
On the other hand, in some countries, it is already quite possible to start giving up cash even today - only the elderly will suffer (you can leave cash for them). Decide for example that if you are less than 65 years old then please hand over all cash and that you will not be accepted non cash payments.
Quite strict measures but on the other hand it may well work
386  Economy / Economics / Re: Socialist life on: August 28, 2020, 02:15:57 PM
Well, let's take apart the parts you wrote.
1) are you Willing to pay so MUCH taxes that would have been socialism?
2) do you Understand that any socialism is totally pandering to all sorts of social parasites who want nothing in life dentate and believe that they all should go for nothing?
3) do you Understand that such is the vaunted socialism creates even wider gap between public authorities and citizens?
4) do you understand in the end that it is impossible to build such a balance (as you have written) 50/50?
No one wants to live under socialism / communism because the memory of the 20th century is still alive and everyone remembers perfectly about Germany and the wall in the middle of Berlin through which thousands of people fled.
Other remarkable socialist experiments are also remembered.
The left-wing order has quite successfully shown its unfitness for life - but no, let's try again. Everything is OK?
387  Economy / Economics / Re: Will bailouts become more frequent? on: August 27, 2020, 05:59:22 AM
Or maybe we're just not going to save anyone next time? Why if no one appreciates it? And why if then there will still be a crash? Let it take its course and just see what happens in the end. Maybe this is the Golden path that we all need?
388  Economy / Economics / Re: What is the cause of economy rise and fall. on: August 27, 2020, 05:46:35 AM
If we talk about the fall of the economy in isolation from the crisis (world) - all the reasons are in the abominable management of the state and resources. All sorts of dictators of banana republics and other castros turn their country into a garbage dump and then wonder why everything is so bad.
If we talk about world crises-then on the principle of dominoes. One falls and then all the others.
It all depends on the circumstances.
389  Economy / Economics / Re: Are people losing faith from centralized organizations? on: August 27, 2020, 05:40:08 AM
conditions in my country are still fairly reasonable unlike in your country, withdrawals do exist but naturally and banks are still working as usual, it's just that small and medium enterprises are the biggest affected here, gold is an investment from a long time ago, so it's no wonder people will put their money down there.

By the way, I agree with this. Many people do not just withdraw money from their accounts and take it out of the banks - they either buy something for super-long-term use or invest in something that will always be in the price. They buy gold or land or real estate - anything that in the future will definitely be in demand for one reason or another and is minimally subject to inflation, for example.
As they say - no matter how much money there is in the world, there is no more land!
This is why despite the crash that we saw in March of this year in the price of bitcoin the price recovered relatively quickly, bitcoin by design is very scarce and people are realizing that governments do not have any kind of problem printing as much money as they want in order to solve the problems that they have created themselves but as we know this decreases the purchasing power of your money but in the case of bitcoin we see the opposite with the price of bitcoin having a tendency to go up over the long term.

This may be true - but btc is too unstable and unpredictable for ordinary people to be happy to invest in it. Most people are suffering when their investments fall sharply - and no one wants to get an extra heart present.
For the younger generation, BTC can be an attractive means for investment (and even then - only for those who have money hah). Anyway, there are more people from the older generation in our world.
390  Economy / Economics / Re: COVID19 VACCINE AND ECONOMIC GROWTH? on: August 27, 2020, 05:28:17 AM
Yeah, I’m afraid of taking any vaccine if there is no proof that there wouldn’t be any side effects and that it actually works. Then another question I do ask myself is that if everyone continues to be afraid of the vaccine how are we going to know that it actually works and that there are no side effects? Lol okay I am asking this because I don’t really know the process that goes into creating vaccines, but I’ve heard that they test it on animals (not really sure of that), but is that enough to validate the vaccines? Huh Damn, this is going to be a big issue, but seriously I am not ready for any vaccine if there is no proof.
I prefer not to have vaccines too as there is also a previous misuse of vaccines in my country regarding dengue. Many fears having vaccines now. If covid vaccine will be proven effective and already tested in different countries that maybe the only time my country will procure a lot as we almost lose our budget now and I don't think mass vaccine is in the budget yet. We're still on the process of recovering or starting to recover in economy as we were still in lockdown.

I think that everything will be completely normal by 2022, or even later. Now all vaccines are still at the stage of testing and development - so in 2020 if someone releases it, then a lot of distrust will be caused to such an invention (Hello Russia). And given the new trend to refuse vaccinations (I know a lot of people who live like this) then in 2021, nothing breakthrough will happen for sure.
I wonder if there will be any sanctions against anti-vaccinators
391  Alternate cryptocurrencies / Altcoin Discussion / Re: Bitcoin is very excited at the moment. on: August 22, 2020, 12:02:51 PM
You are still a little wrong. The king in the cryptocurrency world is the one who is best used and who gives hope.
BTC is its own analogue of gold in the world of cryptocurrencies - it was the first to introduce standards and give birth to the idea. He became a pioneer and now remains at his height only due to these regalia.
It is possible that we will never see BTC at the space prices that everyone dreams of-20-25K - but what if this was an incredibly brilliant plan of Satoshi? Suddenly he knew that this would happen and was sure that everything would come to the maximum stabilization of the pric
392  Economy / Economics / Re: COVID19 VACCINE AND ECONOMIC GROWTH? on: August 22, 2020, 11:56:45 AM
For some reason, it seems to me that the economy will return to its previous indicators (beginning of 2020) much earlier than mass vaccination will begin. All charts are already almost at the same levels as they were before the total February drop - and this is assuming that all available vaccines are either still in testing or under development
393  Economy / Economics / Re: USA will survive the economic crisis if it becomes a socialist country on: August 22, 2020, 11:53:50 AM
With each of your new posts, I don't understand more - is this trolling or are you really so strange person?
You write about "it's time for socialist America" and throw the anthem of the international. If you had any idea what you were writing about, you would have realized that such a proposal is tantamount to a call to restore such a "beautiful" USSR, introduce international communism, and so on from the list.
Do you know what happened with one attempt to build socialism, or will you find it yourself? If you still decide to Google two words yourself then at the same time look at the results and successes of the socialist regimes in the 20th century. I am sure that you will be happy with the result!
394  Other / Politics & Society / Re: Donald Trump signs executive orders banning TikTok and WeChat on: August 22, 2020, 11:48:01 AM
WeChat is even funnier because this messenger is not needed by anyone except the Chinese themselves in their native China so it's even funnier

We know that WeChat is Chinese whats ap version, but many people around the world download this we chat application so they can connect with China, especially for business matters. Because other applications are restricted in China, many people who want to communicate easily with Chinese residents are forced to install the WeChat application. I am one of those who actively use the WeChat application to communicate with my buyers who buy fresh and live seafood products for the Chinese and Hong Kong markets. China is very smart, right?

Here you are talking about a business that will always find a way to contact, there are still email services, etc.
Business needs WeChat (since you are talking about it) but I think that they are not so much companies than need it that trump would listen to business opinion on this point.
395  Economy / Economics / Re: Are people losing faith from centralized organizations? on: August 22, 2020, 11:40:34 AM
conditions in my country are still fairly reasonable unlike in your country, withdrawals do exist but naturally and banks are still working as usual, it's just that small and medium enterprises are the biggest affected here, gold is an investment from a long time ago, so it's no wonder people will put their money down there.

By the way, I agree with this. Many people do not just withdraw money from their accounts and take it out of the banks - they either buy something for super-long-term use or invest in something that will always be in the price. They buy gold or land or real estate - anything that in the future will definitely be in demand for one reason or another and is minimally subject to inflation, for example.
As they say - no matter how much money there is in the world, there is no more land!
396  Alternate cryptocurrencies / Altcoin Discussion / Re: If someone mistakenly sent you 1 ETH, what would you do? on: August 22, 2020, 11:33:59 AM
It all depends on the circumstances. But I'm inclined to just keep this 1ETH - and call it the " stupidity tax." If I received one coin from a stranger it means that he made a mistake and it will not hurt to teach him a lesson so that in the future he was more careful. It is better for this person to lose 1 ETH in my favor than to lose 100 ETH in the future if they fall into the clutches of scammers. This is an honest payment for a useful lesson.

Honest to goodness opinion right here. Some call this real talk, finders keepers, and stupidity. Definitely many of us will choose that route. What if you received 100 ETH then I doubt many will return it, unless you will be afraid somebody might research and try to find who owns the said ETH address which is near impossible to trace, unless you wrote it on the internet that you own the wallet. Anyway, the scenario is somewhat possible though in different ways, like a businessman losing his case inside a taxi and the briefcase has 40,000 dollars on it - 100 ETH. Life is cruel if you are not careful.

If it is 100 ETH then it is a different question. 1 ETH to lose is unpleasant but not critical when the loss of the same 100 ETH due to a stupid mistake is no longer a joke.
If the question was about such numbers, then I would return the money with a deduction of my fee (the "tax on stupidity") in the amount of 2-5%, depending on the politeness and friendliness of this person. Yes, you can return the entire amount in full, but then it will not teach a person anything (and will not be profitable for you). And so he will remember such a mistake and pain for the rest of his life but will thank fate and you for the fact that his money returned to him with little fee.
397  Alternate cryptocurrencies / Altcoin Discussion / Re: If someone mistakenly sent you 1 ETH, what would you do? on: August 21, 2020, 07:14:24 AM
It all depends on the circumstances. But I'm inclined to just keep this 1ETH - and call it the " stupidity tax." If I received one coin from a stranger it means that he made a mistake and it will not hurt to teach him a lesson so that in the future he was more careful. It is better for this person to lose 1 ETH in my favor than to lose 100 ETH in the future if they fall into the clutches of scammers. This is an honest payment for a useful lesson.
398  Economy / Economics / Re: Are people losing faith from centralized organizations? on: August 21, 2020, 07:06:35 AM
This is a problem of the current time and not a global problem. Every crisis happens this way-people are afraid that banks will die and are ready to accept the fact that their money can be decreased by inflation while they are lying under the mattress. For them to keep money at home is safer than in a Bank that can just die taking all their savings to the grave.
When the economy finally recovers (and growth is already accelerating), the money will be back in the banks.
399  Other / Politics & Society / Re: Donald Trump signs executive orders banning TikTok and WeChat on: August 21, 2020, 06:54:48 AM
This is of course a very funny situation - but I'm more interested in the outcome than the process. What will people say (all these young people who upload millions of videos into tiktok every day) when their favorite entertainment is banned? It will be interesting to see how much all these left-wing units love their freedom and what they will be willing to do to defend it. If the BLM didn't work for trump (he just recognized Antifa as terrorists), what can we expect from him now?
WeChat is even funnier because this messenger is not needed by anyone except the Chinese themselves in their native China so it's even funnier
400  Economy / Economics / Re: China is winning the Economy Wars on: August 21, 2020, 06:28:10 AM
Words such as "What is the difference between China and Nazi Germany? Nazi Germany have a Swastika on their flag " are relevant rather for the period of the Cultural Revolution (then really terrible things happened). Now China is gradually becoming what the rest of the time was the United States-an industrial and scientific world hegemon that everyone fears only because of such a huge force. Whether this is good or bad is unclear but the fact remains that China is the engine of the world economy and if it stops it will happen "new 2008" when the US collapsed. Here is and think that better-apples or pears.

A decade back, everyone were talking about China overtaking the United States to become the no.1 economy in the globe. But that has not happened, because Chinese economic growth has slowed down. American brands such as Apple, Boeing, Amazon, Walmart, and Microsoft remains a step ahead of their Chinese competitors. It will take decades for the Chinese corporations to compete with them.

Yes, but Apple manufacture everything in China. Second, look at Xiaomi, Huawei, or Alibaba, which are no longer just Chinese domestic giants, but quite confidently hold a decent share of the world market. If in the "first world" countries this is not strongly felt, then in the same Russia, India, and some countries on the periphery, these companies sometimes hold leading positions.
We can say that if earlier the "cold war" was between entire countries, now it is between corporations, the battleground of which is the market and the fight for the consume
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