China banning bitcoin 18 times according to this article https://www.wired.co.uk/article/china-ban-bitcoin-cryptocurrencies Governments are starting to get serious about banning bitcoin so this is the answer to what this thread is all about, bitcoin to rule the world and dumping the paper money,  it is still hard to realize if that will happen one day because other country like China are now declaring it illegal.

https://www.google.com/amp/s/fortune.com/2021/09/27/china-bitcoin-ban-crypto-crackdown-price/amp/ It is said in this article that China is getting serious right now about banning bitcoin, no room for discussion, no gray areas.  I agree with you, Banning it multiple times clearly denotes that bitcoin has the potential to destablized the existing financial infrastracture that the governments are wary about it. The government use its power to prevent anything that is threat to their governance, how can ordinary people resist?

Yes I agree that fiat money can be manipulated like if the government will print too much and we will have excessive money supply then hyperinflation might also occur. However fiat money became only valuable because the government says it does and people agree and recognize its value and use it as a currency. It is the same with bitcoin,  people believe it so hence the demand continues to grow but if people prefers to use bitcoin over fiat I doubt government would not intervene.  

What are these kind of medium that are much better and always available to people than fiat? How come these are prohibited?

It is because the government sees so many disadvantages using gold as a standard monetary system that is why it failed.  One is what you have mentioned above, it is cumbersome to carry gold to pay for certain transactions. Gold could also be manipulated, people can hoard and it could limit the money supply.
But bitcoin is not widely accepted yet, some countries are already closing thier doors to this cryptos. How can ordinary people use it if the that country's government declare it is illegal?

Yes I agree. While bitcoin has been embraced and recognized as valuable as an investment and income generating currency but it still required more support from government to be declared as legal tender and will replace the fiat money.  Fiat money has value because the government  has issued it and declared as legal tender, it still can't be dump yet.

It is inevitable that we can make mistakes, no one is immune to it as we are all human and we are not perfect. But you can't learn anything from a mistake until you admit it, own it and fix it. But why solely rely on your own mistakes to learn where you can learn faster through the mistakes committed by others? Also, mistakes and failures are not the same thing, mistakes can still be corrected and fix while failure is the end result of all the mistakes you keep on doing, yet you can't fix it but you can start over and move on and get valuable wisdom from it.

What I mean about the article I shared even if it is old is the psychological reasons on WHY people fall into their trap not HOW they scammed them. And what I refer to about the pointers are the lists of advices written by Kentrolla  that at least helpful to us, newbies.  Scammers being smart is as you said they are becoming more modern as they adapt to new technologies and target their victims.   Sorry, I don't want to look smart it is just that I relate myself to that article because I was once a victim of scam because I listen to my heart more than my head if you know what I mean. I was scammed by my own kin and that was hurtful.

These pointers are helpful, everyone should take time to read this as this could help to avoid to fall for a scam. Scammers are getting smarter and taking advantage on everything that will make you fall into their trap and take part with your money. It is important to be always suspicious and take some time to do a bit more research.

I have read this article that states the five psychological reasons on why people fall for scams and how to avoid them, here is the link. https://theconversation.com/five-psychological-reasons-why-people-fall-for-scams-and-how-to-avoid-them-102421

Yes it is true, it seems very stupid and too good to be true but somehow people wanna try their luck and some are just credulous. In my case, I was once a victim of a scam because I fully trust my close cousin that he will not betray me but blood is not always thicker than water. At first, he persuaded me to invest just a small amount because I was skeptical. Initially it was good, my money grow and he always assure me that this investment is legit, showed me some evidence and it was pretty convincing so I invested more. Then one day, he was gone and all my money. I managed to contact him and he said it was a scam, there were lots of complaint filed against that company but the odds of getting our money back is so slim. Lesson learned.

When someone message me through telegram and convinced me to invest, I automatically blocked it as I don't wanna fall again into the scammer trap.

Yes I agree with you, this is a great idea but I think it is difficult to realize and the government and all the big people as well as news media companies will surely oppose to this idea. And who will take their time to create this anonymous-founded platform and sustain it without stake holder? It is too complicated.

hahaha right, lets wait for Elon Mask to announce if his grand plan for establishing a human settlement on Mars will be successful. If it is possible to  live on other planet then that will be the time to realize how can we transact using cryptocurrencies from planet to planet. I hope I am still alive by the time if he could manage to do it but right now lets be realistic.

Yeah right, after all it is just money, both can be use for payments and a store of value. The only difference is that cryptocurrencies is a digital currency, intangible, exist virtually while fiat money is the real world money. Right now, we used the fiat money to buy crypto so they should co exist. Still, the bitcoin supply has not reach its cap, lets just wait what will happen in the future.

The widespread use of social media  gives opportunities for criminals to to do their dirty work because they can hide their true identity. From my experience, I got a lot of offers in telegram to invest in their company and promises higher returns. Some will ask my wallet ID and  they will do the trading and will return my money after 24 hours plus profits. They keep on calling and it is so annoying.  The people who makes promises are scammers so careful on that. Just do your own research and think a million times before investing.

There was a time I tend to skip the "analyze the person whom your investing" part specially it was my sister and close cousin whom i was dealing with. I fully trust them that they won't let me down and guess what, they let me put up money to an investment scam. Lesson learned, always be skeptical, even it comes from family, always do your own research. If it seems to good to be true, then beware. It is surely a scam.

Talking about replacing fiat money with cryptocurrencies is like discussing what will happen in the next century. Bitcoin is a decade old but still in its infancy stage especially in the developing countries. Only a small percentage of the population know about it and owns a bit. Still, there is so much to learn specially for non tech-savvy on how to purchase, sell and keep track of bitcoin. Perhaps, in the many years to come, eventually, all the people will be crypto ready but right now lets wait for it to grow and mature.

There is a saying that goes "we work to live, not live to work". It is crucial for our wellbeing to balance our work and our personal life but i know it is sometimes difficult specially as you say that your work is very demanding. All I can say is, choose a career that you love so you can feel you are not working everyday. Whichever your passion and your heart is, go with it.

I quite agree on this, in the developed countries bitcoin has become viable currency and some merchants are now accepting it as a payment for a product or service. Bitcoin has a large user base in this rich countries but how about in the developing countries? I think only a small fraction of people knows it and have experience with it.


Century is too far to discuss, all i know that bitcoin is constantly evolving and that is good news.

Lucky for Tash he found a cure and has been well, but for me, self-medication is still very dangerous, better consult your doctor for proper medication. Well, this could be a great discovery that should not be missed, more research and study should be conducted for this gay causing parasite.

So have you done parasite cleansing and your cured now? Are you also a living testimony that this parasite that hijack reproductive system does exist that can make you feeling gay? How long do you feel the symptoms and how this parasite transmit from  person to person? Share some of your experience so we can be aware and all the gays in the world that they are just being hijacked with these monsters or parasites and they can be free from its influence and be cured for  being gay.

So this guy in the video means  that all gays are infected with these parasites, because these parasites will cause them to think oh im gay. It is so gross to think somebody carrying a lot of parasites in their body and all they have to do is to treat themselves and they will be back to normal. I had a good laugh watching this video, it is entertaining though like watching a documentary comedy.

Oh No, don't feel bad or sorry for how you address it, you did a great job actually. I won't take it as offensive because for some people like me who are not that tech-savvy, this thread is very helpful. I can now easily view who quoted or reacted my post and we can have a meaningful exchanging of ideas. So many new posts everyday, you can easily overlook those feedbacks and comments that need answers.