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461  Economy / Economics / Re: Big companies will never let you have the financial freedom on: August 12, 2023, 09:10:11 PM
The problem with companies like paypal is the fact that they will do whatever they can to keep their own control over you, otherwise they will be legally responsible for a lot of things and they do not want that at all. I understand the logic, and I get that it may not be that great, but this is just how they operate.

This is why we have cryptocurrency, to make sure that you have all the control over your own self and if you know what you are doing then you shouldn't be worried about it at all. I get that it may not be liked all that much but that's just how it is and should be the way to be decentralized. If there is no centralized authority over it, then you will be responsible for every single transaction that you make.

The problem with Paypal is that they stop serving citizens of countries hit by sanctions. I wonder what they will do with their own stablecoin? Will they use KYC - which goes against the principles of decentralization. Any country can fall under sanctions, which means citizens of most countries are at risk.
462  Economy / Economics / Re: People don't understand the problem with monetary system. on: August 12, 2023, 09:05:43 PM
The traditional monetary system is familiar and understandable to people, while bitcoin is completely different and doesn't fit into their understanding. They should not be reproached for ignorance and unwillingness to change their established habits. I understand your bewilderment and indignation, because you saw and realized the possibilities offered by bitcoin and it seems to you that those who have not comprehended this knowledge are fools. This is absolutely not true. Just to accept something new, you must first try it and find the benefits for yourself in it. But it turns out that most people are comfortable within the traditional monetary system and they simply do not need to experiment with btc. Without the necessary need, they will be too lazy to switch from the usual and familiar fiat to something completely different. Most don't need an understanding of the current monetary system (applies not only to this, but also to most other areas of life) and they live so well without stuffing their heads with such nonsense. Up to a certain point.

For many people, bitcoin is still something exotic. And, unfortunately, many people will choose to switch to CBDC rather than bitcoin because states will spend a lot of money to indoctrinate people that CBDC is convenient, easy and practical. That it's digital slavery is all many ordinary people are talking about.
463  Economy / Economics / Re: It ain't meant to be easy on: August 11, 2023, 07:34:04 PM
We must understand that achieving goals requires a process where everyone's process is different. We know that in achieving goals, we also use different methods so we cannot say that other people's methods are more effective than ours.

But as long as we keep doing what we believe will work and keep trying, we will surely achieve it one day. Rome wasn't built in a day.

And when we experience many deceptions before we succeed in achieving one goal out of the many goals we make, it will mature us and make us wiser in achieving one other goal. And it will teach us a lesson to make a plan that can help us achieve the next goals. Be sure and keep trying. One day, we will surely achieve our goals.

  Goals can be quick and deceptive. Often a person strives for a goal that is better not to achieve, because it will bring him only trouble. A person may become the owner of a business he does not understand and end up in jail. Therefore, goals should be set competently, taking into account personal characteristics
464  Economy / Economics / Re: Europe unemployment rate hits record low, employment record up on: August 11, 2023, 07:19:00 PM
I am not sure how true is that data but let's assume the data is true. I am delighted to see this because in the world of business there should always be a balance in economic power. Otherwise one nation will become extremely powerful and will start ruling others by creating monopoly. US has tried to do the same since many decades. The main brain behind the Russia and Ukraine war is US. So it's encouraging to see that despite all odds, Europe is showing growth.

The US dominance must end and Euro should emerge as the a competitor for USD. This is only possible if internal market grows. So it's a good sign.

The problem with statistics is that indicators can always be changed when accounting models are updated. The problem with statistics is that the indicators can always be changed if the accounting models are updated. Therefore, it is better to believe not statistics, but what we see with our own eyes. And what we see contradicts official statistics
465  Economy / Economics / Re: Are short-term rentals to blame for the lack of housing? on: August 11, 2023, 07:13:29 PM
In a difficult financial situation and housing problem, finding a personal solution like renting an average apartment can be a way to stay alive during difficult times. Waiting for the government to solve the problem can take time and doesn't always work.

Perhaps the government's focus on tourism rather than meeting basic needs of the people can lead to discontent and protests from the community. As you say, solving the problem of decent housing is an important factor in the stability and development of a society.

instead look for a personal solution like renting a small home or buying a home when you can. It is a temporary solution to secure daily life. And when you have a financial opportunity, buying a better place to live or moving to a new location is also a good option.

Another important issue is the quality of affordable housing. Often affordable housing is of terrible quality, because the cheapest materials are used for its construction. It is often impossible to live in such housing - constantly broken elevators, poor noise insulation, poor infrastructure.  It is better to rent housing than to buy it.
466  Economy / Economics / Re: Big companies will never let you have the financial freedom on: August 10, 2023, 07:57:20 PM
Many people dream of being able to work in large companies such as Apple, Microsoft, Google, Visa and so on, but we must be aware that if we work in a large company then we are required to give all our time and abilities for them, this makes us never think Another thing, for example, finding a source of income because he feels that working there has got everything and when retiring, most people will regret.

The problem is that large companies can easily lay off many people at the same time during a crisis. After all, at any moment - thanks to a well-promoted brand - they can hire as many new people as they want. Therefore, working for a large company does not guarantee stability
467  Economy / Economics / Re: Is the market still profitable for new projects? on: August 10, 2023, 07:53:58 PM
Hard to tell if it's going to be profitable or not. The old ones are still thriving on the market. But some new project popping up now and then does not entirely fill the expectation. Either it is going to be a scam or some project that will vanish just because of not having enough funding or strong background on which it has been created. People are also confused about which new project will become successful and which is going to scam. One or two misleading projects like this could create a bad environment in the crypto market. As long as this kind of environment exists in the crypto space, it will be hard for new projects to gain faith and deliver what they promise.

It is still possible for new projects to make profits. Those projects that are coming up in this rough environment and surviving are the ones that have the best potential to grow even more in the future. So all I can say is, wait for the right moment when you are dealing with Altcoins projects. Bitcoin is something that has long-term potential. But with altcoins, no one can tell what's to come.

It used to be easier with new projects. Now there are a lot of almost identical projects, and many niches are already occupied. Old projects - yes, if they have a strong team and a serious idea, they develop. New projects have to invest serious money in marketing in order to be on everyone's radar.
468  Economy / Economics / Re: China enters deflation as recovery flops and demand falling on: August 10, 2023, 07:50:35 PM
The logic of "if nobody buys from you, is that good" could fail when you drop the prices. You may think, "but everything is so expensive, if I drop the prices then how could I afford anything?" but instead of selling 100 of something with 1 dollar profit, you are going to sell 2000 of the same thing with 20 cent profit and you are going to make more profit that way. This is the way it should be, at least its a good way to stop deflation hurting you. There is at least a formula and an idea that makes you profit somehow with deflation, there isn't any for inflation, you just increase the price because resource prices go up, otherwise you make a loss if you drop your price as well, at deflation there isn't any of that, resource sellers for your product would be glad to have a buyer, even make a discount maybe.

Not everything can be reduced in price. Buyers will get used to low prices and will not accept an increase (if necessary). It is better to offer various bonuses to motivate buyers to choose one company or another. Deflation is not good either, and neither is inflation.
469  Alternate cryptocurrencies / Tokens (Altcoins) / Re: [ANN] Ferrum Network - Pioneering Interoperability 2.0 | FAS Pre-Sales 🔥 on: August 09, 2023, 04:48:39 PM
 Mainnet Weekly Update:

👉 Docker-Compose Integration: new template effortlessly integrates node and monitoring tools within a docker-compose setup.
👉 Simplified Launch: This update streamlines the node setup and deployment process for miners, ensuring a smoother launch experience.
👉 Custom Dashboards: Miners can now design and add tailor-made dashboards to keep a close watch on their node's status.

More detail - https://twitter.com/FerrumNetwork/status/1689277188191748101
470  Local / Альтернативные криптовалюты / Re: [ICO] FERRUM NETWORK - Интepoпepaбeльнaя сeть и блoкчeйн DAG on: August 09, 2023, 04:46:54 PM
Последние обновления mainnet

👉 Интеграция Docker-Compose: новый шаблон позволяет легко интегрировать ноды и инструменты мониторинга в систему docker-compose.
👉 Упрощенный запуск: Это обновление упрощает процесс настройки и развертывания нод для майнеров, обеспечивая более плавный запуск.
👉 Пользовательские панели: майнеры смогут создавать и добавлять индивидуальные панели, чтобы следить за состоянием своих нод

https://twitter.com/FerrumNetwork/status/1689277188191748101
471  Economy / Economics / Re: New Research found Work from home workers to be less productive on: August 09, 2023, 04:42:58 PM
That should be depends the kind of work you do from home. There are some works that people do in the office that are not productive like the one you do from home and that is why I said all base on the nature of the work. freelance work like writing from home is a very productive work which will give you more time to think and write what you want. There are sometimes what can be done in the office can also be done at home, and also there are sometimes office workers took their works in the office to home and finish it at home so the saying that office workers are more productive than home workers (self employed) is just an imaginative thinking and that is not correct. That study should be revisited to correct some allusions. Working from home is also productive because they are always supervised  by their managers to know if they are doing well. Just like the forum advertisement.

It is difficult for office workers to adjust to working successfully at home. They are used to working under control, and if you give them free rein, they will work less efficiently. Working from home is relaxing. A freelancer realizes that if he or she doesn't work well from home, he or she will get nothing. An office worker has a salary at his main place of work.
472  Economy / Economics / Re: Big companies will never let you have the financial freedom on: August 09, 2023, 04:38:26 PM
We can only enjoy freedom if we have anonymity; that's supposed to be what crypto would bring into our life, complete freedom. However, with the advent of regulation, cryptocurrencies are not fully anonymous anymore, as coins are regulated through exchanges and companies that facilitate transactions.

It's not the big companies that are to be blamed, as they are just following what is mandated by law; it's the regulators, it's the government that should be blamed for the loss of freedom.

If we are aiming for full freedom, these should exist:

-Blockchain
-Decentralized exchange
-No government intervention.

There is a bottleneck when using cryptocurrencies - one way or another we tend to exchange it for fiat, and fiat is the prerogative of the state. Therefore, the state dictates the rules. As long as there are no prices set in satoshi, there is no freedom. The freedom that does exist is elusive. Therefore, cryptocurrency at the moment is just a quick way to transfer the equivalent of assets, nothing more.
473  Economy / Economics / Re: No choice but to use the unavoidable middle man, the exchange companies. on: August 09, 2023, 04:33:36 PM

Companies and businesses use a third party for efficiency and less hassle on their part, if you have a budget why not buy or use a service so you can work efficiently, for example with here is the salary, they are using third party banks so they can distribute those salaries to their employees account and does not need to wait for a whole day just to give them a paycheck, another is the system use of their company, instead, they are using a file cabinet system, they use a system related into their task so they have the safe data in their database.
In cryptocurrency the use of it is for the decentralized but most of the people using the exchange or other centralized platform because being comvinent to them.

When you transfer cryptocurrency from wallet to wallet, on the one hand, it is convenient, but on the other hand - when transferring, you can make a mistake, the recipient may suddenly disappear and not understand what was agreed upon. This is why intermediaries - exchanges - are involved. Here there is at least some kind of guarantee.
474  Economy / Trading Discussion / Re: Is AI in crypto a game-changer or just another hype? on: August 06, 2023, 09:46:09 PM
In my opinion, AI in cryptocurrencies is just another hype. Trading bots have existed for a long time, but it is not so easy to successfully use them at a distance, as there are situations where decisions have to be made by a human. AI is the same as trading bots, in essence.
475  Economy / Economics / Re: Helpful mineral resources on: August 06, 2023, 09:42:48 PM
This is one of the reason there is conflict in country like Niger because there politicians are very corrupt and mismanaging the economy in an appropriate way. Many African countries are corrupt that is why they keep depending the West for aids and palliatives. The African countries have what it take to make the whole continent sufficient with enough natural resources. I hope different countries in Africa will get to understand the value of what they have and not mismanage there resources in a way the will keep there region in poverty.

Virtually all military conflicts today - under various pretexts - are due to the redistribution of resources. Fresh water reserves are running out, mines are being depleted, etc. Yes, officially we are told that everything is wonderful, but the reality is probably far from ideal. Life often brings surprises
476  Economy / Economics / Re: Russian ruble is scam on: August 06, 2023, 09:38:06 PM

Why are you talking about the Russian ruble in particular? Basically every fiat currency is a more or less a scam.
Do you think that the US dollar, Euro, Chinese Yuan and British pound are better? I don't think so.
I remember some news from 2022, claiming that Russia was in a technical default(unable to pay it's foreign debts due to the western sanctions). Well, this didn't have any obvious impact over the Russian economy. Russia has big currency reserves(some of them are blocked in western banks) and low government debt. I don't think that Russia will go bankrupt anytime soon(and I'm not a fan of Putin).


The problem is that we do not know how much a currency is backed by gold. Officially, yes, it is backed by gold, but in reality, maybe all the vaults have been looted and instead of gold bars there are fake ones? There are real gold bars on the outside, but not inside. How do we know? We don't. We have to take your word for it. Bitcoin, at least it has the appearance of a blockchain.
477  Economy / Economics / Re: Europe unemployment rate hits record low, employment record up on: August 06, 2023, 09:32:57 PM
Weird things are happening in Europe, I guess. Despite low unemployment, few people are concerned about finding work. Though they are not, it appears as though they are. It's a nice idea to play with even though I can't make sense of it

Furthermore, what about all the dire predictions for Europe? Consuming the final hamster while dealing with bankrupt businesses and worthless euros? A record is being broken every day, though! The EU, which some people refer to as a "craphole," is where employment is increasing and immigrants are moving in

The Russian muppets, however, should be avoided. Will they not manage to make everything terrible in some way? What those men will do next is always unpredictable. Over there, the drama and bureaucracy are both more abundant than they are in soap operas. I guess. Maybe? I don't know!

How does the unemployment rate change from a statistical point of view? It is enough to change the various criteria by which a person is considered unemployed. For example, only those who are officially registered at the labor exchange should be considered unemployed. And the opportunity to register at the labor exchange to make inaccessible because of a pile of certificates. Voila... The number of officially unemployed decreases
478  Economy / Speculation / Re: Should we rely on prediction? on: August 05, 2023, 07:48:59 PM
 Forecasters make predictions both ways and then say they were right. If the price doesn't go down, it goes up; if it doesn't go up, it goes down. Soothsayers are not willing to answer for their predictions with their lives or property - so such predictions are worthless
479  Economy / Economics / Re: what do we thinking about investment target? on: August 05, 2023, 07:45:17 PM
Every task should have a specific target, if a task has a target then it is easier to do that task. We can also fix any target in Bitcoin investment. We must fix the target before investing. It is necessary to plan in advance how long the investment should be. Target should be fixed before long term and short term investment it will be easier to hold the investment. Currently, the price of every commodity in the world has increased a lot due to global inflation. Since the inflation is taking a terrible shape day by day, we should be alert about it in advance. If you keep money in bank there is a possibility of losing that money then why keep money in bank where we have the best platform to invest. In this time of inflation money should be put into bitcoin instead of bank.

Nowadays, it is difficult to define investment goals because of the rapidly changing market conditions due to the introduction of artificial intelligence. This creates big problems for any business - because the need for different technologies is disappearing too quickly. Investing in bitcoin with the goal of getting 2x in the long term is also not very feasible
480  Economy / Economics / Re: Would you rather start/grow a business from scratch or buy an existing business? on: August 05, 2023, 07:40:26 PM
Usually, if a ready-made business is sold, not everything is smooth sailing - there may be problems with premises, supplies, problems with customers. Why sell a well-run business? Often they sell only that which in reality is unprofitable (reports can always be painted beautifully, but the reality turns out to be different).
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