I believe the idea was to make people able to save in something that aren't affected too much by inflation. But even if those all actually works, I bet there will be a very huge fees. There will be many parties involved, the very basic at least, the company will need to be audited whether they are actually owning the gold or not. There will also be a another party involves when people need to withdraw cash with those card. This is a good idea but will not be affordable.

The prediction of Global Recession has been going on since 2021, they said it would happened in 2022, and then when it didn't happen in 2022 they said it would happen in the 2023, and now when it didn't happen in 2023 they are saying it is going to happen in 2024. I doubt that global recession will happened shortly, unless the world is falling into WW3, other than that global economic will still be okay at least. Most country won't have their economic growth significantly because many factors, but even if there is a recession it would still be in some region and won't happened globally.

This is a definitely a great news, but we still have a problem, there is still lack of adoption in term of acceptance. If we want to call Bitcoin as a currency and not just merely an investment instrument, we need Bitcoin to be accepted as payment method. If not in a traditional or local store, at the very least for global companies. Currently I can't barely find any store that accept Bitcoin as payment in my area, not even any international brands and companies accept Bitcoin.

Don't get me wrong, I am not trying to be negative in this good news, I just hope that as the value and marketcap of Bitcoin is increasing, the adoption and acceptance of Bitcoin as a currency will also follow. So Bitcoin can fulfill it's original purposes.

my bad, its indeed a type, it should be 'if we cannot pay our car lease for 3 months straight'. thanks for the correction.

Nope, we don't need find a solutions to stop all those hacking, we will just waste our time, while we can do much more important things. There is no way to stop all those scam, even when they are in a risk of getting caught and thrown to jail, bad people will still scam because they are just plainly greedy. It's not our obligation to stop those people from scamming, all we need to do is just report it if we find a scam, anywhere we could report. I don't mean to be negative or anything, but I think we shouldn't be naive and think there will be a time when scam and fraud is completely gone from this world, especially in crypto, we can minimize it but not stop it completely.

I used to own Ledger Nano, and then stop using it after I sell most of my Bitcoin on the 2021 bull market. I currently just using electrum because I don't hold much of Bitcoin. I plan to move back to Ledger wallet when I saw some bullish earlier this year, but after reading many problems reported on Reddit because of a software wallet, I don't think it's worth the risk. Most of them say that they lost their fund or even lost their wallet entirely. Believe me, Ledger used to be fine, but I don't know what happened recently, they are degrading.

All that being said, saying Ledger is the worst hardware wallet is kind a exaggerating, there are some weird gimmicky, one that I know is from this thread https://bitcointalk.org/index.php?topic=5471397.0 an NFC non-seed-phrase wallet, or a 24k gold plated Bitcoin card hardware wallet $100 for a cold storage with very limited feature https://store.ballet.com/products/ballet-wallet?variant=43291273199779.

 

I don't think anyone is obliged to give impacts on this forum, especially newbies. If you can give good things to the forum, thats good, and people will notice and appreciate you. But if you don't, that's okay, as long as you don't scam or spam. Especially as someone new to the forum, don't rush into questioning what you can do for this forum, just learn and get as much knowledge and resources from this forum.

Some people are rushing driven by ambition to give impact on this forum while they haven't actually learn anything, and then what happened is they are spamming some sections with unnecessary, redundant, and repetitive, thread. I am not saying that you shouldn't share your idea or create a long thread, but just don't rush into that. Learn more things, read more things.

Sejauh pengalaman saya, belum pernah ada masalah sama petugas pajak kalau masalah crypto, mungkin juga karena crypto saya tidak sebanyak itu juga. Tapi sudah sejak 5 tahunan ini penghasilan saya 100% melalui crypto, (nb:saya bekerja sebagai freelancer dengan klien internasional dan pembayaran hampir 100% menggunakan Crypto). Setahu saya sih setiap kali bertransaksi di exchange lokal sudah selalu dikenakan pajak ya. Dan kalau capital gainnya masih berupa crypto belum ditukar ke rupiah harusnya petugas pajak tidak berhak menarik pajak atas itu. Nah kalau setelah kripto disimpan kemudian nilainya bertambah dan kita mau menukar ke rupiah, waktu ditukar ke rupiah CEX lokal juga tetap kena pajak waktu penjualannya. Tinggal kemudian hasil penjualan kripto tersebut yang kita transfer ke Bank dilaporkan sebagai penghasilan.

It needs more than a miracle for anyone to find other people's private key, the only way for that to happened is that if you found a paper wallet or cold wallet. But those wallet are not usually carried around by the owner so the possibility of that to happened is nearly impossible. Other thing is that you might find pre-installed software wallet when you buy a second hand pc, but usually those software wallet has a password attached to it.
I don't think there is even 1 in a million chance that someone actually found a Bitcoin wallet private key.

Well, he is not wrong, but not that right either. Bitcoin is made to be decentralized, that's why some centralized exchanges are able to hold many bitcoins, there is no central entity that can limit or prevent that. And if we talk about Bitcoin vision or development, it's not really decided by Bitcoin holders, it will be decided mostly by miners who can vote for Bitcoin Improvement Proposals, so owning a lot of BTC not really affecting how Bitcoin developing. And we talk about the Bitcoin market, it might be true the market can be easily crashed by those big whale, but if the demand and community is strong every-time those whale drop some big amount of BTC it will be bought by other people and market will be recovered.

My point is that, currently Bitcoin is the most popular decentralized Crypto we can find, so saying Bitcoin is not that decentralized is kinda misleading. I mean, how more decentralized Bitcoin needs to be if other crypto cant even get close to Bitcoin decentralization.

I don't even know how the global economic condition right now, but with the condition in my own country I am no longer have so much ambition as 5 years ago. I currently just be enough with having saving for my kids education until college and also still trying to save some money so my kids will have some money to start their career or their own business. I used to have some dreams to own some multi branch company but then covid hits, and the recovery is extremely difficult, so now I won't be too naive, and just trying to do my best.

I don't know in other countries, but from where I came from, if we cannot pay our car lease or mortgage for 3 months straight, the bank will take our car or house, but you need to remember that we already paid some of the installment, and we will not get that money back, so we definitely loss some money. And not only that will also reduce our credit score, and it will make us difficult to get another loan, mortgages, or car lease in the future.

And also the Bank will terrorize us with their collectors staff from the first month we miss our payment.

I don't think saving money (especially in long term) in a centralized cryptocurrency is safe, there is a risk that Tether stop their supporting USDT or there is some problem like the Terra Luna things. If you talking about the saving that you use to fund your daily needs, then I prefer saving money on the bank it is easier to withdraw it. If you talk about saving money in a long term like to buy house, or education fund and it is  a long term saving, then I would just save it in Bitcoin. I know that there is a risk that Bitcoin will worth less or even zero when no one wants it, but at least I don't depend on single entity.

Rank- Sr. Member
Segwit BTC address- bc1qj5f7wu6mqal0f3k5q4eu4f7w3yr8m7w5jwauvy

That's the same in most countries I think, men has been given the role of breadwinner for decades, and it will be difficult to change it instantly, the 'woke' ideology hasn't been around for long, and in my experiences people who spread it mostly are arrogant so it will be hard to change the view of men as the one who responsible financially. All that being said as a men I have no problem to become responsible to earn money for my family, because my wife also has most of the domestic responsibility, so it's still fair and teamwork.

But despite the societies view of how men should be responsible to earn money, there are many women now who also doesn't like that and in this modern era the gap of opportunity between man and women is keep shrinking, so I think there is still a chance,  if you want to find a women who want to share financial responsibility, but then again as a husband you will need to share domestic work responsibility too.

Mohon maaf bukannya saya tidak suka atau menganggap remeh kemampuan polisi, tapi melihat bagaimana penipuan yang menggunakan Bank maupun uang digital konvensional semacam Dana/OVO/Gopay yang sudah jelas siapa pemilik akun maupun rekeningnya, Polisi menurut saya masih sering ogah-ogahan menangani kasusnya, entah apapun alasannya. Apalagi dengan kripto yang bisa menggunakan wallet yang pseudonym, tidak jelas siapa yang punya.

Sepertinya sih akan cukup sulit bagi Polri untuk mengungkap kasus penipuan kripto.

As of the previous replies Bitrue is KYC exchange that required to submit your personal document, and there are several accusation toward the exchange.

You might want to check on some DEX as alternative. What Altcoins do you want to buy, there are a lot of DEX, these exchange doesn't ask for your document, and you can use your own, non-custodial wallet. One of those DEXes might have the altcoins that you want. Pancake Swap, Sushi Swap, Uniswap. The complete list is here on the CoinmarketCap.

On the contrary in my opinion, everything is getting easier for my generation (the Millennials), and will be easier for the next generation Gen Z and Alpha. I saw how my father work hard while earning less, while I work comfortably and earn more. But I understand why some (or maybe most) people think it's getting harder, it's not the condition that make it hard, it's the competition, things is getting easier but it's getting easier for everybody, not to mention that there are a lot more people compared to decades ago. You can learn anything throught the internet, almost free but every other people can do that too. I do agree that we need to be creative and stand out to be successful right now, rather than just being very smart and skillfull. But also I think blaming the condition is not the right thing to do. I understand that everyone has different privilege and opportunity but set that aside, we could have access to all the knowledge just like everybody else just need to make our effort.

The fear of lack of farmer to grow food has been exist for many decades, Industrial revolution, technological revolution, Internet, and now crypto. But it has been proven that we still eat until now, and there is still food circulating in the world, not to mention that tons of food is wasted everyday. The improvement in the agriculture industry and the advancement in technology in fact help farmers to produce foods more effectively, so even with less number of farmers the food is still enough. The problem is not in the amount of food, it is the uneven distribution. There are ton of food wasted in the rich country while there are some people in poor countries that can't eat regularly every day.

First thing first, I always support women to get to the top of whatever they are doing. And in this modern era other than physical strength and willingness, there is really nothing that prevent women from achieving what man can achieve, especially in the developed nation where the opportunity and role for women and men is equal. So if there is lack of women showing up as a crypto influencer I think it is a matter of choice because strength doesn't matter in this field.

And I don't think we need more influencer not man nor women, there is already enough influencer in crypto Industry, and let's be honest most of us doesn't even actually listen to those influencers, we know it's just for the show. And if we look at the crypto project's team, there is already many women working in the engineering or marketing department, so I think those women are choosing to work in the thing that actually matter in the crypto Industry, rather than just become an influencer.