User: Lorence.xD
Position to Apply: Full member
Posts Start: 758
Address: 1KZmhnLTUzQRER2HMas8LAe4m4UujSsqH4

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I hope you can consider me 

The point you are making is valid and I agree with what you are saying that all people should have the financial literacy to help themselves and to stop or atleast minimize their vices but that is not the thing that I am pointing out, the thing is that no matter how much you want to help people by reminding them with how much money that they waste on vices and telling them that they are wasting their money on useless thing, you will come off as an annoying guy, you may advice yes but you can't force them to change. I too have my own vices which is buying videogames (though I am buying them when there is a sale). Again I would say it, why save people when they do not want to be saved.

That is what I have thought of too, I agree that this will generate jobs but I do not think that the profit for space is not yet that much albeit it is pivotal moment to space exploration, it is still not yet available to common people, with the price of each spacesuits, I do not think we are near to the Cowboy Bebop era where space travel is like riding an airplane. With the question above whether the common man will benefit from it, my answer is that they will benefit from it though most of it is indirectly being generating jobs the most obvious, in my opinion, many will benefit from this because there will new studies that will be tried by more people because they have access to space travel, tourism will be small because most people that could afford it will be few but each will have to pay hefty amounts of money and I am optimistic that that will be enough for them to get back what they invested.

Having a fully anonymous bitcoin will only make things worse because this will be a very good bridge for illegal activities, if you support this complete then you support money laundering and other illegal activities because that is what full anonymity will enable, I do not support full anonymity but having the privacy of users to the extent that the government can intervene is a better thing. Plus, this compromise will help in paving a way for bitcoin to be injected into mainstream finance. In the first place, why would you support full anonymity in bitcoin when you know that you are not doing something illegal, this elitism in bitcoin community is making the progress of the cryptocurrency regress and move backwards, and I find frustrating and sad because there are members of this community that are consciously excluding people and they do not want other people to know about this, they do not want others to learn in short. I know that many will disagree and others will be livid with my statement but I will stand with I say and I am open to criticism.

In my opinion, no matter how much money and how you spend it is on your own personal choice, people should not care about what you do with your money, even though they are vices, we can't simply just barge in and hinder their personal decision. I agree that smoking is bad and I like that having a reminder of the money that they spent on their vices, but that is where all the help you can do for them, that phase is the time that they are going to decide for themselves. After all, why save people when they are not asking to be saved.

In regards to the gaming currency versus bitcoin, it is also a matter of personal choice because people have to sate their need for entertainment and enjoyment, life is not always about money, it is just a contributing factor to happiness. Life should be a mix-up of fun and finance because a life without happiness is a bland and boring journey.

I do not live in Russia so I do not know much about the politics and whatnot there but I think that the people there do not have that much power whenever they want to oppose the laws that are going to be passed on, Putin is a strong man and has an imposing personality and I think people know it. In my opinion, the laws concerning the illegal activities that can be done through bitcoin should be monitored because I do believe that more people will suffer in the long run if this kind of illegal activities are set aside in the ditch and letting it proliferate will make it worse that a simple legislations that helps in busting these illegal crypto activities will never make a dent, in short I agree with their policy to destroy these activities before they get bigger.

The reason that the owner did not register his business is that taxation is a pain for business person, imagine the profits if the business was legal, there will be a lot of paperwork and the taxes for businesses like this is so big that it intimidates people into going legal, I do not know much about taxation so take this as a grain of salt, but I do know that when your business is not registered then you will not need to pay your taxes, as for how you are going to launder the profits, there will be different ways but I think that is also the downfall of any illegal businesses, when authorities caught wind, they will chase it like a dog and bite back and never let go. In my opinion, most players of illegal casinos know that they are playing at an illegally operated one, people will turn a blind eye when it comes to their causes, and I do not think that the casino is being illegally operated will stop these people from gambling there, if you believe otherwise then why do you think they always caught these illegal casinos with people still playing?

Re-applying 

Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=967596
Current amount of Posts (Including this one): 752
SegWit BTC address for payouts: Will create if accepted
EARNED merit in the last 120 days: 10

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I am really hoping I would be a part of this campaign.

My posting quality is great but my receive merit is not that good.

I hope manager you can consider accepting me. Thank you!

User: Lorence.xD
Position to Apply: Full member
Posts Start: 749
Address: 1KZmhnLTUzQRER2HMas8LAe4m4UujSsqH4

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My application once it opens again. Thank you.
Hoping I would be part of this campaign.

From a standpoint of a student who wants to do some trading then I can back up this quote, not everyone has the resources to afford a course, if anyone thinks that courses in trading can help then no qualms with that because it is our personal choice, in my opinion, most of the courses offered online do not help that much but I can be wrong because I never had an online course before, so take that with a grain of salt. Personally, I do learn by watching in Youtube, searching some terms in Google, practicing trading via paper trading websites like the site mentioned in the quote, and most importantly is surrounding yourself with people that have the same goal or have reached the same goal, I have friends that are trading and I am learning a lot from them as much as possible.

If you are confident with your skills, you can definitely use loans to fund your trading regimen, but be careful with the loans you are going to use, make sure that the loan you are can be paid easily even if you are experiencing hard times when you are trading, you do not want your credit score to be affected with these, a piece of advice for traders is to have a safety net to help when you are experiencing a financial fall out, having a safety net like emergency fund or a day job helps a lot when you are a trading newbie, we will experience losses no matter what and it is up to us on how we handle thigs.

If decentralized exchange solved their problem with volumes, wouldn't it mean that they become centralized? I am curious because I want to know more and I am still learning more about something, in my opinion, having a decentralized exchange wouldn't make things any better, there is security on centralized and they are monitored by an authority. I agree that the crypto space is growing but there is something imminent threat that is affecting technology as a whole, and that is that the current computing power is slowly going on a plateau which means that an advancements in anything related to computing and technology is in peril, good thing about it though is people are aware of this and are making progress with quantum computing.

Africa has a lot of potential and I think many people see it, in many countries in Africa most are using cashless transaction to transfer the money because there is still a considerable crime rate there, with that idea in mind, I think that people are going to adopt to it easily but when it comes to their respective government then that is another story.

I agree with the negative sentiments as a barrier, with constant civil wars in some African countries and some of them are still developing. The biggest problem in my opinion is the constant crime rate and low return of investment for investors who wants to invest in the region, the government and world councils can do so much with these problem and this is in my opinion the reason that there aren't that much willing investors to help in developing the region.

Like my point above, the government will have the reluctance to accept cryptocurrency but I do not think that people will have that much reluctance as long as there is an information dissemination and a constant support for education is a big factor in making a leeway for people to accept cryptocurrency.

This must be a typo  

Microeconomics and macroeconomics have a very broad definition, I agree that they can't be separated, microeconomocs focuses more on indivivdual and small firms or businesses while macroeconomics is the summation of all the microeconomics there is in a country, in my opinion, this pandemic plays a big factor on whether they will affect one another. For me, microeconomics will surely help macroeconomics because they help in the process of distribution of supply in a certain market, it may sound crazy but the pandemic helped microeconomy to be recognized in the global market.

The money printing might be a band-aid solution but I think that they are preparing a countermeasure that will combat the possible high inflation, this stimulus solution is very serious because many people are suffering and they need the money right now, maybe if the government are focusing on relief operations like soup kitchens, essential grocery giveaway and such, then they wouldn't have to worry about money, I think that money is not always the solution, this pandemic needs to be looked in a diverse and novel perspective because times are changing and sometimes the old ways are not the best way.

If we are talking on a grander scale on the situation here then I can say that we can live without banks, for example is tribes that are still living the old ways and they are getting their sustenance from hunting and farming, they also can barter their products and goods from other tribes, this is feasible but when it comes to a modern setting then it will be different because the norms have changed overtime and we now have novel needs that was once unavailable like medicines and medical treatments. Unpopular opinion, poor people do not depend on banks.

Most of the technical advices have been and I am glad that the quote above mentioned that emotion plays a role when trading, it might not look that much but I think mentality is something that we should fortify because there will hardships in trading that will break you down physically and mentally which is worse than the latter. My advice is more on practical so it might help some, and some might disagree and I am open to ideas just like others.

• Safety net- create a cushion for yourself when you are trading, remember to have emergency funds for the times when you experience losses, this safety is not for trading but for your daily sustenance when you are experiencing loss, it is advised that a 3-6 months worth of emergency is needed for insurance but if you do not want to you can set how many months of emergency funds you need.
• Side Hustle- do not put all of your time in trading, do other things that you can earn, if you have other skills that can be utilized as a free-lancer, or better yet is have a job or if you have a job when you are trading then do not quit yet because you are still starting to trade so this pretty much goes back to the first advice.
• Avoid debts(if you can)- debts is the greatest enemy of people who wants to become financially secure, but I disagree with that because if you know where to borrow money then you can use that as an advantage, one example is credit cards, you can get one and spend a portion of it and make sure that you can pay that spent portion when the credit is due, and that routine on time payment will earn you a credit score, which helps you in the long term, when you want to apply for loans and you have a positive credit score then the process will be at ease, it has no connection to the trading advice that I have given above but I might as well share this because we can use this to benefit from it.

Being impatient should be an innate trait when you want to trade, I too am an aspiring trader, though I do not trade yet, I am doing my research to learn as much as I can until I saved up enough funds for trading, I can agree with being a newbie trader, you should follow and find a mentor, but do not just follow to the point that you become a sycophant, use your common sense (another innate trait), the decision always end with you and not with other people. I really this kind of testimonial threads, they help me watch out for mistakes that I could've missed and I am grateful that people are sharing their mistakes and success, both people are equally inspiring.

You did consider WW3 as a factor but not a threat, if ever two superpowers would go to war at each other then, data mining and bitcoin would be out of question because that war will ensure total mutual destruction and what happens when they both use their nuclear capabilities, the whole world will feel the impact and there will be electro magnetic pulse that will cause the disruption plus the fireball and the raditation after that, full scale war will remove the worth of many things and that includes cryptocurrency, in my opinion China would do that to buy off allies that will help them, in a war of attrition I do not know who will when but let's hope that it will never ever happen.