I think this is a bold step taken by Russia, because they were the first country to declare payment for oil using bitcoin ... and this might inspire other countries to accept bitcoin for their various payments
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it would be great if Russia started accepting cryptocurrencies for their official payments.. this will open a new chapter in the global adoption of cryptocurrencies, and maybe because of this more countries will start accepting cryptocurrencies for their official payments
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I Have been observing the way price of things are going up right from 2013 up till this time , add to the pandemic in 2019-2020 that caused high level of inflation to the world. Things are getting more expensive everyday both the rich and the poor are complaining of it and it seems the price of things will keep on getting higher. I'm thinking how will the world cope with inflation in 50 years coming 🤔, instead of price of things to come down a bit but it keep on rocking higher. I think the best thing to have in mind is to expect more inflation and to prepare how to tackle it in years coming.
that's the role of the government to be able to improve the welfare of their citizens.. if the income of a citizen increases every year, this can solve this inflation problem, but if not, this will actually be a new problem for the country
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my country is a member of OPEC, but there is no news here that mentions that OPEC will increase the price of oil per barrel .. but if it really happens it will certainly cause massive economic chaos
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in some ASEAN countries they have blocked cryptocurrency investment for financial institutions or for everyday payments which will replace the role of their currency .. but crypto investment for ordinary people is still allowed and even supported by the government, so crypto investment not completely blocked, only regulated for some parties
... indeed in the ASEAN region cryptocurrencies are developing and I am sure that in the next few years crypto adoption in this region will increase
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While property prices in areas such as Guangzhou, Shenzhen, Shanghai, and several other cities have increased due to the high demand for property in these areas.. but most property developers in China build "ghost towns" and hope that people will move to the area, even though no one is interested in these cities because there is no life there, this is where the problem begins
... property developers hope that their properties will sell out, but no one wants to buy or even can't afford to buy .. and eventually the properties that are built become abandoned and this will be a problem in the future
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if you look at the political situation in the country, i am pessimistic that this law will pass in the malaysian parliament ... especially in some areas that hold strongly to the shari'a. moreover, the one who proposed this was the minister of communications, not the minister of finance of malaysia directly
... even if this reference is passed by parliament, there will definitely be many changes to adjust the regulations there
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Ideological or Economical conflict? I don't think it's both.. more like a political issue...we know that Putin doesn't want his country to be influenced by the west. And by joining Ukraine to Nato or Europe this could be a threat to their country..
... especially Putin doesn't like Zelensky who is too pro-western
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The bubble in the real estate market has long been predicted, there are some experts who say that in the near future this bubble will burst and make the global real estate market crash.
... but if we look at the potential of the real estate market in the long term, it is still promising, so many investors stay in this real estate market
Sure but every markets have circles and corrections but what we follow is % numbers show us when its up and when its down. most people follow % but they don't realize that they have entered the loop and will lose when the market drops... the point is to invest with mind and don't follow the market
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The bubble in the real estate market has long been predicted, there are some experts who say that in the near future this bubble will burst and make the global real estate market crash.
... but if we look at the potential of the real estate market in the long term, it is still promising, so many investors stay in this real estate market
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