Bitcoin halving or whatever, the outside economy's still fucked. So we can't really be happy and all that considering that Inflation is taking its course and our money is devalued the moment we convert our crypto to fiat for stuff. Would've been really great if we could just use crypto outright for paying and financing, since it's deflationary and we're not at risk of it losing value as much as fiat loses value every year as well as during economic recessions like the one that's inbound but reality is often disappointing as they say.

TRON's cool and all but there's a lot of caveats that come with it. It's centralized for one, so Justin or someone who can gain access to his personal affects could easily just shut the whole network down if they so please and we would be helpless to stop it. If you're okay with a payment system like that then good for you, but the rest of the cryptocurrency world would not want that as a payment system. People would much rather choose to pay and use a cryptocurrency that's expensive and slow rather than an unreliable one. Some even see the delay as a good sign since it means trade volume is going great. So perhaps your dream of a world where TRON is king is a little too farfetched from reality.

By the way, the article's no longer up.

How so though? As far as I know (and correct me if I'm wrong) CBDCs are nothing but glorified fiat sold as "cryptocurrencies" to the public that's unaware of what crypto really is. If they are to introduce a new economy completely separate from the fiat system that we have right now then sure this might work, but as it's pegged to fiat's value I don't think it's going to be the case. At best it's only going to be another way for you to digitally pay stuff on the go. Even worse, they could use these to furthe oligarchy onto a different plane, and perhaps even contaminate the cryptocurrency world since again, it's expected that CBDC's could be used interoperably with cryptocurrency.

Education can catch up when you have all the money and  the financial capability to do so. You can't do that with financials, so in the choice between financial independence and education, I'd always choose the former in a heartbeat. Now I know, some people may argue that "getting yourself a good education is more important, and besides, you can easily earn back the money you would've gotten from a good financial venture once you land yourself a good job, but I say why wait? or why take your chances especially nowadays when things are so hard and employment even after getting a degree isn't guaranteed? it's good and great to get your diploma and I'm not saying you should stop studying and just work for your money, but at the same time if I were given the choice between the two with choosing one meaning that I'd have to let go of the other, I'd choose money first and foremost.

The problems of the poor far outweigh the issues that the rich has over their extravagant and little lives. For the most part, they don't have to worry about dying of starvation and being homeless which are pretty massive issues for the poor. Once those are solved we can pretty much rely on these people to be functioning members of the society that could help enhance the workforce of any country on the planet. For instance, in the US alone, the fact that they have millions of homeless people on the streets just waiting to get that big break they deserve so they can turn their lives around is enough of a motivation for any legislator with half a brain and a heart for these people to pass laws that encourage them to get back on their feet and recover with the government's help.

Pretty sure that if space mining does happen it's going to be privatized like regular in-earth mining, with only the "financially-capable" being able to take this venture and monopolies/oligarchies taking over the industry. So regardless if we found asteroids with billions of dollars in gold or whatever precious metal there is, It's not going to actually affect the price of these commodities since these private companies would do whatever they can on their end to stop the supply from diluting its value.

Or we can be optimistic and suppose that the introduction of more stuff's going to inflate the value of commodities like gold like crazy that no efforts can be made to up turn it, making gold easily accessible to everyone. Personally I'd choose the former even though it's a little dystopic since at the very least, it's not going to affect the investments of those people who have bought gold, or whatever precious commodity they are holding.

I don't think they "misunderstand" the power of bitcoin and the blockchain, it's just that when it comes to regulating these two things, it's going to be a massive ordeal for the government to deal with. So instead of dealing with the legal gymnastics and the problems that it would ensue, they just resort to banning cryptocurrencies or at least (as in the case with US) those they deem to be "unregulated securities" like altcoins and stuff. They know how powerful bitcoin is as a financial tool, it's plain to see after all when every bull run you see people pulling up in their lambos and whatnot, it's just that besides the fact that banks abhor cryptocurrencies, they also couldn't find a legal middle ground between regulation and decentralization.

One possibility that could lead to this dream of many (for bitcoin to be a bona fide payment system) is for bitcoin to fall in relevance as a store of value, which couldn't happen without the fall of the cryptocurrency industry unless a more capable currency takes it place in the top spot. Once that happens people will generally flock upon a coin for what it's really intended to be used for, which in this case is to process payments peerlessly. I don't think giving bitcoin "enough time" so to speak is going to cause this upturn from happening, it may even drive the store of value aspect even further which will make it even harder for people to realize it could also be used for payments.

I don't think this kind of comparison is fair. Real estate caters to a different type of investor, and so does crypto. If you want instant gratification (relatively cause at the very least in crypto you get faster turnups to your profit) you go for crypto. If you want to get paid in dividends and consistently you can choose real estate. besides, you can also choose both these ventures at the same time and I would actually recommend investing in both these ventures, diversify your assets basically.

I wouldn't say I prefer both, but if I were forced to take a choice between the two, crypto will be it.

So what are we proposing the victims do should they experience hackings and scammings? Scoff it off and just move on? What if it's massive amounts of money we're talking about, like money that could pay off a mortgage or something, do we still tell them to man up and move on since "they're more likely to spend more money looking for the hacker and the money that was stolen from them rather than just moving on and working to earn that money back? Isn't that a little defeatist and at best even promotive of the heinous acts these hackers do on the daily?

Just cause our current system's crap doesn't mean we can't have people who deserve it be given the access to it, sure there are false positives and all that, but at the end of the day the more we use it the more propensity for improvement. If we keep throwing crap at it without giving it a spin first, how will we get to the point that we're eager to achieve?

Crypto surely had its ups from the past and we're now proud enough to say that it's got its own economy now, but on that note I wouldn't be so hasty as to say that the whole world is now being powered by cryptocurrencies, especially since crypto is still massively dependent on its speculative nature for survival. I say that at best, we have gotten from being a measly asset that is dismissed by many to a trillion-dollar industry that's able to change the lives of many people around the world in one way or another. It's great enough as it is and we're sure to experience even more amazing things in the future. But let's stay grounded for now and remain humble despite the constant successes, we're still at the few laps of the bear season after all and we're not even sure how long this will go for.

I see the intent and I am pretty much agreeing with it. You can only do so much work in your end after all, and knowledge will at one point be more vital than the effort that you're putting into. In any case, I do hope that at the very least, you get your info/knowledge from reliable sources. Insights and first-hand experiences are good and all but they are nothing especially against an expert opinion. So I say instead of using this forum as your beacon of knowledge, find a local successful person, it could be anyone, your parents, someone from your friend group, a previous colleague or teacher, whatever the craft. Just ask them how they did things, and act as their apprentice even if the situation calls for it.

You're right about that. But more often than not these large scale companies have safety features and contingencies that would keep them from drowning especially during precarious situations. Plus small companies are more prone to committing rookie mistakes in the business world so this post goes out to everyone who's trying to become an entrepreneur thinking it would all be rainbows and sunshines when the fact couldn't be any more different.

Small or Large business risks and problems come, but large companies has their safety nets to support them when shit hits the fan and they lose their footing. To small scale businesses these kinds of mistakes are something they just can't afford to commit, which makes this all the more important to them.

Actively joked about buying twitter, when the executives are calling him out of his bullcrap he flinched, but they pressed on and even attempted legal charges against him which forced him to buy Twitter. Tried so hard to make money off of his most stupid purchase ever, that he started charging people for something that was exclusive and free back then which caused utter turmoil and chaos from fake accounts trolling the whole platform. When things died down he went ahead and made yet another stupid decision by rebranding twitter to X all because of his "X" obsession back in the days of Paypal and cause he's suffering from midlife crisis, which tanked the twitter valuation making it even more impossible for him to sell twitter should he decide to.

He basically trolled himself all because he wanted to look cool on the internet.

Rule of thumb is to always trickle down your successes into other things. So when bull runs come around I don't just focus on my crypto winnings. Just last bull run I was able to buy a few housing units that I'm planning to rent out for passive income. The thing about crypto is that when it rains, it pours, so it's best to get all the basins you can get and fill them up so you can prepare for the dry seasons. In any case there's no shame in not pushing for "diversified" investments especially if you're just starting and you're pretty much unaware of how the rest of the investment world works, but over time you'd come to realize that making sure you have all your eggs in their own different baskets is best.

If you're considering Stablecoins, why not crypto itself?

The point of holding assets is to successfully achieve two things: to earn profits from its ever-increasing value, or to prevent the devaluation of your wealth by holding valuable assets that stand the tests of time. Holding any form of currency for that matter is not going to provide you profit nor the security you need for the future. And much worse, you're basically betting on your failure especially during economic crises, where fiat is the first to fall in value out of all commodities out there. Only thing you really got going for stablecoins is that you can stake it for consistent money, but none of that's going to matter when your stablecoin/dollar becomes bed stuffing right?

With how things are going, budgeting will not cut it alone. You literally have to get a second job if you want to live comfortably. There's a fine line between budgeting, and pushing yourself to be frugal and a cheapskate at the expense of your well-being just so you have money to spend tomorrow. In my opinion, aside from budgeting you should also be able to take up another income stream and not just focus on the one that you have right now no matter how much they are paying you. The moment you fall for complacency, your lifestyle is sure to sacrifice. And I don't know about you but there's logic behind not relenting on the push for frugality amidst an economic crisis.

The economy won't adjust to your lifestyle.

Just cause we're living in more advanced times doesn't necessarily mean we're in the clear in stuff like these. The fact that we're even talking about the possibility and the apparent proximity of an economic collapse is testament enough that we're aware it would happen some time in the future, it's just a matter of how. Sure it could be averted by employing more humane approaches to this economic struggle, but we're living in a dog eat dog world and the ones at the upper echelon would much rather see the world burn than be part of the solution in exchange for their vast riches. That's just the reality of things.

It for sure did. In the Philippines stuff doesn't usually cost much compared to the rest of the world, but since the newly-seated president's regime we're slowly getting fucked in the prices here. Rice which is a staple food of many in my country have become so expensive people at the highest seat of power are already looking for alternatives, while the rest are pointing fingers as to whom to blame for the lack of action. Groceries and food items continuously shoot up in prices, at some point even along the levels of countries like the US while we're getting paid peanuts here.

Altogether things are not looking so good for everyone. We can't really hope for change here since the people that were appointed by the stupefied masses are no-goods and lazy-asses who only see the presidency as a newfound way to steal money from the people.

That’s an optimist’s way of thinking my friend. You’ll be surprised to realize how much of these things you’re envisioning end up falling down the gutter later on. Not here to hate on bitcoin or anything since after all, I started from nothing and gained a lot from bitcoin too, but as someone who’s experienced the best highs and the worst lows in here, I’d much rather suggest for OP to look for a steady income stream like a job or something rather than pooling his efforts into bitcoin for the sole purpose of providing his family’s Basic needs. It’s dangerous and at worst you’ll literally starve.