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They're not against bitcoin, they just want to stop taking shit from government entities accusing them of jeopardizing user privacy. They're going to use AI to spot ICO scams, and I doubt they'll deny ad revenue for crypto, until they create their own currency of course. Whoever creates the most used currency has the most world power, and this is what they're ultimately after. They're not "against" anything, they're for staying relevant and will do whatever it takes. As of now this means jumping on the blockchain bandwagon and investing heavily in AI/VR/AR.
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Both will co-exist until all aspects of society become decentralized and digitized thanks to blockchain, crypto, and virtual-work, news, governing, laws, entertainment. This will take quite some time but the shift is inevitable and means a much more peaceful and sustainable existence for future generations.
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If the world is on its way to becoming decentralized, news will also be transformed to be factual and absent of an agenda for the first time in human history. Fake news has always existed, and is dangerous. Witch hysteria was created by fake news of the time and let to tens of thousands of deaths..
A decentralized marketplace for sustainable journalism is a revolutionary idea that will greatly benefit society by feeding people the truth for once and lead them to make informed decision and think for themselves.
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I don't understand how UBI would exactly work, perhaps if every automated machine which takes the job of a human was given a working salary and a % of that went to the UBI pot.. I could understand it working then.. but if you just have machines replacing humans in the lower level jobs.. you ultimately just have fat cat corporate owners making bigger profits with lower costs.. I think it should be mandated that automated machines | robotics whatever you want to call them has a 'earning salary' which is then distributed amongst the people it puts out of work...
The other issue with all this is when you have the IMF just able to print money.. it makes the whole exercise superfluous.
Proponents of UBI claim it could be implemented through value added taxes, which is done in Europe (consumption taxes placed on a product whenever value is added at each stage of the supply chain, from production to the point of sale.) The amount of VAT that the user pays is on the cost of the product. If AI and more efficiency takes jobs away on huge scales, paying clients will have less spending power and the economy would stagnate. The abundance that technology will create could be distributed in this way to keep the economy alive and well and people off the streets. I think the future will be that homelessness etc. will be solved but if you want more you'll have to either be very inventive or be a programmer. I don't think there will be as much motivation to rise above however, as technology is making it so that more money doesn't necessarily equate to a better life.
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Human nature controls the market. A lot of the times we treat the market as a "thing," when it is made up of living, breathing, emotional human beings, which is why it's volatile and predictable at the same time.
We see value in decentralized methods of payment. No one wants to be controlled by that which is outside of their control, but at the same time, people don't want to lose money because of hackers, lost keys, etc.. Once its trust, ease of use and applications increase, so will its value.
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Future societies will be based on the blockchain and its in governments' interest to implement its use into every aspect of governance. It can prevent tax evasion, corruption and fraud.
I think that once businesses implement cryptocurrency and blockchain into every step of their supply chain, positive economic outcomes will result. This requires better security measures to be taken. People trust the actions of (and what's accepted by) major corporations more than they trust those of governments. They also basically govern countries more than its politicians. Supply and demand rules all and always has.
I don't think "positive economics" is in the hands of governments, but in the hands of those creating value and providing it in the most efficient way possible, now being bettered thanks to crypto.
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Cryptocurrency is the future of all payment method due to the decentralized nature which grants financial freedom and power to the people. However, for it to replace cash or the Fiat, it will take years of awareness creation. Up to date, some people do not have access to internet whereas others do not know how to access it.
Smart-phone and internet accessibility is growing. SpaceX's project "Starlink" plans on using satellites to provide a global broadband internet service. This coupled with growing network bandwidth will allow for universal cryptocurrency use faster than we think..
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Blockchain technology is a great tool that can be used to ensure the public's trust in governments, but I would prefer to see it used to eliminate the need for separate governments and eventually pave the way for a human collective. There are enough problems that humanity faces. Petty warring amongst ourselves only adds to our problems.
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My definition of a "threat" is anything that jeopardizes life's collective well-being.
The only threats worth paying attention to are those that can be controlled, which are a lot more than we may think.
Wars, epidemics, and climate change are all threats that can be eliminated if we were to combine all of the available technologies to create a blockchain-based 3D society.
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Elon Musk is selling his "boring" flamethrowers for Bitcoin, Litecoin and Ethereum. https://ethereumworldnews.com/elon-musk-sells-boring-flamethrower-for-bitcoin-ethereum-litecoin/"This time, as spotted by The Next Web’s Hard Fork column, prospective flamethrower owners will be gaining access to Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), and Litecoin (LTC) payments to put up money for the crowdfunding effort. Along with the four crypto assets, users will be able to use Apple Pay, Google Pay, along with traditional debit and credit payments through Paypal. Seeing that the Boring Company’s crowdfunding participants are likely to to be forward-thinking, the addition of a cryptocurrency payment option was likely welcomed. Now, consumers from all across the globe can buy Boring Company’s “Not A Flamethrower” for $500 a pop, which is reportedly a lower figure than the startup’s $600 pre-sale price. This translates to approximately 0.078 BTC, 2.48 Ether, 1.13 BCH and 9.5 LTC, it just depends on what cryptocurrency you want to spend." The fact that the company is trying to promote use of crypto is not only great for its acceptance, but more easily allows global access. Thoughts as to whether this will initiate crowdfunding in crypto as the new norm?
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The amount of crypto startups is overwhelming. Considering its benefits coupled with the fact that more businesses accepting crypto as payment, it's only going to grow from here. All businesses are going to have to implement blockchain tech just to stay relevant. The more digitized their goods and service offerings become, the more successful they'll be.
It's not just the startups with ICO's that are becoming apparent, but those that provide crypto-related services working to make it more user-friendly and secure. (wallet app developments, etc.)
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Bitcoin has changed tons of lives. It offers opportunity to everyone regardless of less-than-optimal uncontrollable circumstances. A kid in India or Africa can benefit and change his (or her) life with BTC. It's making borders and governments hold less power and gives more freedom and opportunity to the world's inhabitants.
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Maybe Elon Musk will save Africa. He wants to bring high-speed internet to the entire globe using Internet satellites. https://bigthink.com/philip-perry/internet-access-for-all-how-close-are-we-to-a-global-high-speed-web"A global system—in addition to getting those in the developing world hooked on the same service—will offer greater speeds, better communication between continents and a much lower latency rate than is currently available. Rural areas, especially in developing countries, have a difficult time getting internet access." This plan would cut out the problem of needing to build expensive infrastructure around areas which have too few consumers to make such an investment worthwhile."
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I don't know anything for sure. But I dream to get into the magical world where beautiful fabulous animals and incredible nature will be. And where I will never be separated from loved ones.
I believe this is a big factor when it comes to fear of death of ourselves and others-separation anxiety from loved ones. Saying goodbye to someone for all of eternity is no easy task. Things like digitizing consciousnesses to prolong life after death may become possible someday soon, but complete obliteration is inevitable and also makes life poetic and beautiful. It's fleeting so we have to appreciate the wonder of existence.
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Seems like there are a lot of arguments for using Bitcoin wallets. https://coinsutra.com/best-bitcoin-wallets/"But where are you keeping those bitcoins? On Bitcoin exchanges like Binance, Bitfinex or hosted Bitcoin wallets such as Coinbase or CEX? If that’s your answer, then you are putting the ownership of your bitcoins under serious risk!!" Are there any safe exchanges? If not, which wallet do you personally recommend?
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It has to be user-friendly, protected, and serve a tangible purpose rather than simply be seen as an asset.
People and businesses also need to be educated as to how they can easily implement BTC. The average Joe just doesn't understand and doesn't have enough motivation to want to understand the value in decentralization. Once they can clearly be shown the bank charges and other taxes that could easily be avoided, acceptance will grow.
I think it's mostly dependent on businesses using it for every step of their supply chains.
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I think the upsides of crypto outweigh the downsides and the benefits of fiat do not compare to the benefits of crypto.
Throughout human history, government interests, not the people's, have been the source of almost all human misery because it is believed that people cannot govern themselves.
Blockchain technology saves us from ourselves in a way. It makes all transactions secure without the need for centralized institutions that do not prioritize the public's well-being.
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An 11-year-old wrote a book on bitcoin for kids. https://www.cnbc.com/2018/02/25/11-year-old-andrew-courey-wrote-a-book-on-bitcoin.html"One of Courey's main objectives with the book was to find real-world analogies to bitcoin and blockchain so that complete novices (kids) can grasp these foreign and very complicated concepts." Smart kid...Great for crypto because this type of thing will show kids the tangible benefits of understanding economics and evolving technological trends. They can use their knowledge and this technology to make their wildest dreams come true without the need for formal "education." Also places the idea in their heads that overcoming the reliance on centralized institutions is a worthy endeavor.
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