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621  Economy / Economics / Re: The economic impact of the Ukrainian war on cryptocurrency on: March 19, 2023, 08:41:09 PM
Any war is a massive destruction of material values - residential and non-residential houses and premises, production facilities that will no longer produce products, this is a large cost for military equipment and ammunition, this is a large number of human deaths that will no longer produce material values. Therefore, the general standard of living is falling, the population is getting poorer. Since the population is getting poorer, it cannot invest in cryptocurrencies. He has other problems, the main one of which is to survive if the house is destroyed, relatives are killed, work is lost. Everything in this world is interconnected.
622  Economy / Economics / Re: Do you think Bitcoin can end poverty? In a nation today on: March 19, 2023, 08:07:30 PM
Nope. Bitcoin won’t give stable source of income to defeat poverty. Removing a corrupt government and replacing it with someone who can utilize the country manpower and resources will make the poverty vanished. Poverty exist because of the imbalance of wealth distribution in the country. In every poor country, there’s always few people who control the wealth of the country which is the main reason why many people stay poor despite they are doing hard labor every single day.
Bitcoin by itself, like all cryptocurrencies, cannot end poverty. This is just an alternative financial system to public money. Of course, if each poor person is given a few bitcoins, this will improve their financial situation. But bitcoin is not enough for everyone.

To end poverty in a country, it is necessary to develop its economy, increase material wealth. Any financial system does not produce material goods, but is only a tool for their redistribution. That is, if we give someone money, it will be necessary to withdraw it elsewhere, or the material values that they replace, otherwise there will be inflation.
Cryptocurrency is exchanged for fiat and valued in fiat. Therefore, it is integrated into the general financial system of states, and even in this regard, states will regulate its circulation.
623  Economy / Economics / Re: The world continues dumping US dollar (Gold, New World Order, World War III) on: March 19, 2023, 07:34:35 AM

But it is unfortunate to say that Ukraine may not again have the opportunity to decide its own destiny. Its choice after the collapse of the Soviet Union was mainly strategic and due to the fear of being targeted by any side. But it did not work to develop a military and civilian force capable of facing any potential danger, whether from one of its neighbors or from any other country.
Russia would not have dared to destroy the Crimea region in front of everyone's eyes had it not been aware that Ukraine is weak in front of it and that the West will not support it as it dreamed of.
If, after the collapse of the USSR and Ukraine's independence in 1991, Ukraine had been afraid of an attack on it by other states, it would not have abandoned the world's third-largest nuclear potential and would have begun to improve and build up its armed forces. But precisely because the then leadership of Ukraine considered that Ukraine was surrounded by friendly states, the erroneous opinion was accepted that nothing threatened Ukraine.

In 2014, the occupation of the Ukrainian peninsula of Crimea by Russia occurred due to the fact that on its territory, by mutual agreement, there was a Russian naval base near Sevastopol, and it was enough for the Russian occupiers to go beyond this base. Crimea was occupied virtually without a single shot being fired, because the treacherous actions of the "fraternal" people of Russia were a shock to Ukraine, which was not psychologically ready to fight with it, and in Ukraine at that time there were only about 15 thousand combat-ready army.

In 2022, for some reason, Putin decided that Ukraine would not resist again, and we see what such self-confidence led to.
624  Other / Politics & Society / Re: International Criminal Court issues arrest warrant for Russian President Putin on: March 18, 2023, 02:55:18 PM
Well, yes, another ridiculous attempt to make Russia a pariah country by outlawing its president. It is especially hypocritical that this legally insignificant PR action was carried out against the backdrop of the 20th anniversary of the illegal US invasion of Iraq. The International Criminal Court knows full well that it has no authority to try the (with diplomatic immunity) president of a country that has not ratified the Rome Statute. This is another empty informational occasion, not worth much attention, in a politically biased topic that has nothing to do with the economy.
Yes, Russia has not ratified the Rome Statute and will not do so under the Putin regime, and therefore does not recognize the jurisdiction of the International Criminal Court. Putin and his current entourage also do not recognize the established international norms of law, the rules and customs of the war that they unleashed in Ukraine, and generally spit on any public opinion, and also demonstrate that no rules of human behavior apply to them. But still, they will be prosecuted and will suffer a well-deserved punishment.

After the issuance of an ICC warrant for Putin's arrest, despite the fact that Russia does not recognize the jurisdiction of this court, any state from 123 countries that acceded to its jurisdiction is obliged to arrest Putin and bring him to the prison of this court in The Hague if he is on their territories.

But this is only the beginning. Now Ukraine has initiated the creation of a separate international tribunal. It is created by general agreement. An agreement on the creation has already been written, there is a preliminary agreement of about eleven countries that they are ready to join, including very serious states. This special tribunal will begin to consider whether the highest political leadership is guilty of war crimes and aggression against Ukraine, and the recognition of its jurisdiction by Putin or other suspects, as well as by Russia as a whole, will not matter, just as the norms of human civilization do not matter now for these criminals.

If proven guilty, they will receive from 30 years in prison to life imprisonment simply for starting a war.

https://www.currenttime.tv/a/mnenie-rossii-uzhe-absolyutno-ne-vazhno-v-gaage-sozdayut-spetsialnyy-tribunal-dlya-suda-nad-putinym-za-prestuplenie-agressii-protiv- ukrainy-/32076126.html
625  Economy / Economics / Re: Sanctions at work:Russia posts its second highest deficit in the post-Soviet era on: March 17, 2023, 09:51:52 AM


I now live more in an imaginary future - in 2084, because, frankly, I can no longer live in the real world with its endless horrors, stupidity and hopelessness. 

My ideals are the ideals of humanism, pacifism, technological development, culture, love, happiness, physical development and beauty.  This is what I love. 

Therefore, I supplement the real world with my fantasies about how it should be, so that people would be comfortable and interesting to live in it.  My choice is augmented reality.  Something good can come from a dream. 

I do not believe that economic sanctions will solve existing problems and make the world a better place.  In my opinion, they will only prolong the war indefinitely. 

The rulers of some third countries will profit from this situation and become proud.  They will think that they have made super profits because they are super people with super powers.  And their picture of the world will be so distorted that they will become interested in geopolitical adventures... Thus, the circle will close again (which, on the contrary, must be broken). 

People, in my opinion, need a positive future in order to live and become better. 
These are all just wishes and beautiful words about the illusory and unreal world. But the desires for goodness, peace and justice do not at all work against the bullets and shells of the Russian invaders, with which they attack Ukraine every day. Therefore, the Ukrainians have no other choice but to defend themselves with weapons in their hands. It is possible to dream of an ideal world, but only when you are not being killed right now in the real world.
626  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: March 17, 2023, 09:39:20 AM

Russian economy still stands and has been trading with countries like India, China, and BRICS nations and they will have enough money. And while they are gaining rich lands from Ukraine.

They have been telling that sanctions will crumble Russia but it's not true anymore, after a year of this conflict, the sanctions are not affecting them.
One option is to make a deal with Russia and accept that it's the end of it and Ukraine has to make peace and be neutral to resolve the geopolitical tension which is also the root cause of this war.

Escalating this war to WW3 will be much more dangerous to EU. They can make war with smaller countries but not Russia.
Sanctions do not give the desired effect for a short period of time. In addition, sanctions against Russia after the full-scale invasion of Ukraine were introduced gradually and became effective after they were introduced against Russian energy carriers. Therefore, it is too early to draw conclusions. Although their effect can already be seen in the state of the Russian economy. But let's not rush. Let Russia stay with them for a few more years.

No one will make a deal with Russia to legitimize the seizure of the territory of Ukraine or part of it. The people of Ukraine and its leadership are determined to hit every invader who sets foot on the soil of Ukraine in the teeth, and in such a way that his head will fly off. The Russian offensive, which has been going on from the Donetsk direction for the second month, is gradually fizzling out. Meanwhile, the Armed Forces of Ukraine are exhausting the enemy's forces and at the same time preparing for a decisive counteroffensive, which should take place this spring. After that, the Russian defense will collapse along the entire front. Now very hard fighting is taking place near the city of Bakhmut, where the Russians have been unsuccessfully trying to capture it since last May, having lost more than 50,000 of their soldiers and many armored vehicles there.

It is now that Russia still has a large territory. Let's see what will happen to its territory after this war.
627  Economy / Economics / Re: EU countries agree deal to cut use of gas this winter on: March 16, 2023, 05:28:55 PM
% filling of gas storage facilities, from the standard, excluding 15% savings in 2022/2023 (!!!), as of September 01, 2022
We won't freeze to death, but it's terrible for industry. Just recently, several large factories had to shut down because of high gas prices. That means less jobs and more importing, and none of that is good considering the current inflation and euro exchange rate.
Heating isn't the main reason for our high gas consumption.
The countries of the European Union, including Germany, have been very successful this winter without Russian energy sources. This was stated by German Chancellor Olaf Scholz in the Bundestag, saying that the EU plans for climate neutrality "will be achieved", which will be good for the country and the continent as a whole. According to Scholz, 2022 "showed us what we can achieve together if we stand in solidarity and act decisively."

He spoke about how, within a few months, Germany became independent from Russian energy carriers and built new pipelines and terminals for liquefied gas. "No one had to freeze, there was no economic recession and there was no shutdown of industrial enterprises. It worked because all those responsible rallied. From this experience we need to take to Europe the confidence that the great transition that lies ahead of us will be achieved. It will end well for us in Germany and for Europe..."

https://nangs.org/news/markets/germaniya-stala-nezavisima-ot-postavok-gaza-i-nefti-iz-rossii-zayavil-sholts
https://focus.ua/world/553273-germaniya-bolshe-ne-zavisit-ot-rossiyskih-nefti-i-gaza-sholc

So, the fear-mongering of European countries by Russia turned out to be just ordinary propaganda. Now let's see with what already military result Russia will approach the summer - autumn of this year. I think that this result will be catastrophic for Russia.
628  Economy / Economics / Re: The world continues dumping US dollar (Gold, New World Order, World War III) on: March 16, 2023, 04:50:47 PM

This is completely understandable, and Ukraine, as an independent country, has the right to choose which camp it wants to join. But it is unfortunate that its location is adjacent to Russia, like a barrier between the two camps, and because it did not seize the opportunity of Russia's weakness after the collapse of the Soviet Union and joined NATO and the European Union countries, as Poland did. Russia today is not the Russia of the nineties, and I do not think it will allow the Western camp to expand.
Yes, the mistake of Ukraine after the collapse of the USSR was that it first chose a neutral status and even gave up its nuclear potential, the third in the world, in exchange for assurances from leading states, including Russia, about guarantees of its security. We can already see how Russia acted as one of the countries that guaranteed Ukraine the security of its existence within internationally recognized borders. But the attack on Ukraine, as it turned out, was a fatal mistake for Russia itself. And Ukraine will not make the same mistake again.
629  Economy / Economics / Re: War: who benefits and how! on: March 16, 2023, 03:17:09 PM
The most  beneficial are the countries that sells arms and ammunitions to those countries in War, imagine that with the out of stock , each countries needs more shells and mortars to sustain the war and they need suppliers , and in this those big nations are the winners.

and also for the opposing countries? both are losers because even if they won the war and gets loots? this is not enough to recover the losses.

By invading Ukraine and unleashing a long war in Europe, which is now in its second year, Russia has spurred an arms race and this situation will clearly not be in its favor. In the war with Ukraine, high-precision NATO weapons proved to be excellent. Therefore, the demand for it will increase many times over, while at the same time the vaunted Russian weapons will not be in sufficient demand. Therefore, the military-industrial complex of the NATO countries will win.

In addition, there is another trend that is not in favor of Russia. Now European countries are actively helping Ukraine with military equipment and ammunition. First of all, Ukraine is being given Soviet weapons, which are still left in Europe, and are also being assembled around the world, which are familiar in Ukraine and which they can immediately send to the front. In exchange for Soviet, Russian weapons, these countries are receiving more modern NATO weapons, and this process is already irreversible. Europe, like other countries, against the backdrop of this war, as well as tensions with China and Iran, is not only rearming, but also greatly increasing its military potential.
630  Alternate cryptocurrencies / Altcoin Discussion / Re: Is ETH the King of Altcoins ? on: March 15, 2023, 02:33:28 PM
For me ETH is definitely the king of Altcoins because Ethereum is one of the most popular and well established altcoins in the cryptocurrency market. ETH is known for its smart contract capabilities and is often used as a platform for creating decentralized applications (DApps) and other cryptocurrencies. However, whether or not it is considered the “King of Altcoins” or the top altcoin is subjective and can vary depending on the criteria used for evaluation by an individual.
I don't like the expression "king" in a decentralized cryptocurrency. It somehow does not harmonize: the king is a symbol of the complete centralization of power, and I do not think that this word is appropriate to use in cryptocurrency. Here, for ethereum, you can use the word "altcoin leader", it will be more correct. Ethereum is a well-deserved leader of altcoins in all respects and has been for a very long time.
631  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: March 15, 2023, 12:29:23 PM

However, we cannot overlook the fact that Russia represents one of the most important sources of energy with which the modern world operates. And most of its conflicts and alliances with international parties are based mainly on that energy force. And according to the data you published, it can be explained that Russia is fighting a regional war and other wars by proxy in several places in the world, is to strengthen its economic position.
The impression is that you justify the conduct of Russian wars of conquest in the 21st century. Yes, where Russia interferes in the affairs of other states, it artificially creates "independent republics" with its own influence and brings constant discord to the former calm regions of other states. So it was in Transnistria, Abkhazia, Donbass. Russia is accustomed to resolving issues with threats and violence. She got away with everything until she decided to unleash a full-scale war with Ukraine and seize its territory. This is where her arrogance and strength will end. It won't be long before the end of this summer.

It is also controversial that Russia has large reserves of oil and gas. It would be more correct to say that Russia controls the oil and gas of the oppressed peoples of Siberia, whom she also kept in subjection by force and threats. In recent years, Russia has demonstrated that it stands for the right to self-determination of certain territories and regions, however, on the territory of other states. In the near future, Russia will experience the same thing. Six regions of Russia have already held their referendums on independence and separation from Russia due to the fact that the regular army and other power structures of Russia have been defeated in Ukraine and the central government of Russia will no longer be able to suppress the unrest by force. Empires that rely on strength do not last long.
632  Economy / Economics / Re: Sanctions at work:Russia posts its second highest deficit in the post-Soviet era on: March 15, 2023, 11:21:39 AM
I abhor economic sanctions (as well as wars, blockades and other misanthropic acts).  

Some banker Pugachev, who really had a great influence on Russian politics, left for France on time and now he is a respectable European citizen who is not threatened by any sanctions and persecution.  And some poor grandmother will die from the fact that she will not have the opportunity to buy the right medicine.  

Economic sanctions do not actually solve the problems, they only exacerbate the situation.  Any sanctions are a destabilization of the world economy, as a result of which individual countries receive excess unplanned profits.  

This is exactly what happened in Russia, by the way, when the price of hydrocarbons went up sharply due to the fact that the United States imposed an embargo on the sale of oil regarding Iran.
It is not the sanctions that are imposed on the aggressor who attacked his peaceful neighbors that should be indignant, but the gangster actions of this aggressor, that is, the current Putin's Russia.

International sanctions are introduced not to restrict the aggressor's international trade, but to prevent him from continuing the war for a long time, manufacturing military equipment and ammunition in the same volumes, and also to finance his military operations. Some time ago, the Russian occupiers fired 50-60 thousand shells a day at the settlements of Ukraine, at the same grandmas, women and children. Now they can fire 7-10 thousand shells per day on the territory of Ukraine. Also, Russia can no longer produce tanks, missiles and other weapons in the same volumes. Therefore, sanctions are necessary.

Of course, ideally, we should have an international contingent of rapid response to manifestations of such aggression in order to directly inflict a military defeat on the aggressor within a few days. Then sanctions will not be needed, and such Putins will think several times before deciding to attack their weak neighbors. But the world did not react to the seizure by Russia in 2014 of part of the territory of Ukraine. Therefore, Putin went further, and now the sons and grandchildren of a Russian grandmother who cannot buy medicine for herself are killing the same grandmothers and everyone else indiscriminately on the territory of Ukraine. Of course, the Russian grandmother will not have enough for medicines if Russia launches expensive precision-guided missiles worth $700 million in one day at the peaceful cities of Ukraine.
633  Economy / Economics / Re: What do you think of gold price in long term? on: March 14, 2023, 02:02:11 PM
There is a lot of gold in the planet. The only problem is that only a very few deposits make financial sense for extraction. Other deposits are of low quality, and it costs more to exploit them compared to the potential returns. However, as the gold prices increase, many of these deposits may become financially viable. And another factor is the environmental damage. A large fraction of the gold output comes from regions such as Amazon rainforest. As countries implement more environmental friendly regulations, the output from these regions may decline. 

And there's even more gold in the space. One day someone will decide to get a golden asteroid to Earth and gold price will will fall really quickly. Fortunately bitcoin has no such backdoor at the moment. And fortunately gold price is not decisive for the world economy. It is just a familiar asset for investing.

Of course all metals will keep their importance in long term, but I think that more in an utilitarian sense than in financial.
It is hardly worth hoping that in the foreseeable future, humanity will be able to find in space and deliver to Earth a large amount of gold, and even more so, some kind of golden asteroid in such quantity that the price of this metal will fall sharply. Gold as a metal and jewelry will always have a high value, but a change in priority to other chemical elements or their compounds is quite possible. The periodic table continues to be replenished with more complex elements and they may turn out to be even more valuable than gold. But this is in a very distant future. So far away that it can be considered that nothing threatens gold as an eternal value.
634  Bitcoin / Bitcoin Discussion / Re: Do you guys think that there will be a new technology to recover lost of Bitcoin on: March 14, 2023, 09:20:26 AM
Since I have been in this space this has been one of my prayers that one day we could be able to recover not just bitcoin but anyother asset of importance they have lost and I think any recovery have to do with wallets because that's where the assets are stored. I have once read where a writer said that if we could recover our lost wallets we probably misplaced their PK's that means we ain't in decentralized system and people ain't responsible for their wallets. But I truly want a remedy to this coz many of us are affected.
If we have the opportunity to recover lost bitcoins and other crypto-currencies, at the same time this means that the possibility of hacking and existing cryptocurrency wallets will be found. Whether this will ever happen, no one knows. With great apprehension, we now look at the rapid development of quantum computers. In principle, any technology can eventually be hacked by more advanced technologies. This has always been the case and there is no reason to hope that this will not happen in the future.
635  Bitcoin / Bitcoin Discussion / Re: Satoshi Nakamoto breaks Silence after 10 years | Shocking announcement on: March 14, 2023, 09:04:03 AM
I created bitcoin to protect your money from bank and inflation, but You, motherfuckers panic selling my chad when banks are crashing and inflation hits ATH! You must be joking, fuckin clowns! Fuck you, i quit!

🤣

Source- https://twitter.com/CryptoKingKeyur/status/1635146356556967937?t=W-YxddQ6_8XuisTXTNyriw&s=19
After reading only the text that the OP wrote in this thread, without even opening the link, I already understood that this was a joke and Satoshi Nakamoto had nothing to do with it. If Satoshi had appeared in such a long time of his absence, he would not have become so rude to the current participants in this market.

The real Satoshi Nakamoto is unlikely to break his silence, if he is still alive at all. He very cleverly did everything so that he would not be identified in the future, which means he was not going to ever appear in public again.
636  Economy / Economics / Re: Sanctions at work:Russia posts its second highest deficit in the post-Soviet era on: March 14, 2023, 08:41:14 AM

Last year when Russia attacked Ukraine there were rumors that Russian economy will collapse.
But nothing has happened and Russia continue to grow with a more bigger plan. Russia has always been brutal and they will keep doing that in future and keep surviving because they have the strongest army.

During the year of the war in Ukraine, Russia lost almost all of its regular army and most of its weapons.

According to the Armed Forces of Ukraine, to date, Russia has lost 160,540 of its servicemen killed, 3,484 tanks, 6,789 armored vehicles, 2,519 artillery systems, 304 aircraft, 289 helicopters, 495 MLRS, 260 air defense systems, 5,367 various vehicles, as  other weapons. Since September, due to heavy losses, from 300 to 500 thousand people have been mobilized in Russia. The Armed Forces of Ukraine repel more than a hundred Russian attacks a day, but the front is almost motionless. The increase in the number of unprepared mobilized only increased the number of Russian losses, which often amount to more than a thousand invaders per day. In Russia, there is an acute shortage of middle command personnel and even small arms.

There was a photo of the dead Russians, who have recently been sent on the attack with ordinary wooden sticks. This is what a strong "second army of the world" is.
637  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: March 13, 2023, 08:17:10 PM
logically it's just not possible to stop gas from Russia, besides it will experience price increases of up to 50 to 60% and also the European Union may stop all transportation which is a routine for the EU every day. then if Russia will stop it for the EU, what about Europe and will take the oil or gas from the safe? I think Europe will be even more chaotic without gas and oil supplies from Russia
Russia in the supply of energy resources such as oil and gas is not indispensable. This is already confirmed by the last year, when the countries of Europe quite successfully passed the autumn-winter period, largely refusing the services of Russia. The process has already begun and will continue to be easier. At the same time, it should also be taken into account that Europe will simultaneously significantly accelerate the transition to the use of alternative energy sources, the production of which is constantly being improved and cheaper. Russia started a war with the European Union using its oil and gas supplies, but it is already losing it. The time will soon come when no one will need Russian energy resources, especially in such large volumes.
638  Economy / Economics / Re: No petrol/diesel car sales by 2035/ Reality or dream? on: March 13, 2023, 07:55:09 PM
provided that a more commercialized form of dealership with electric cars become available a few years before 2035, I can diesel vehicles being phased out in developed and first-world countries, as they are almost always the ones who are often taking the initiative in paradigm shifts. Third-world countries could follow suit a few years after globalization of electric cars were implemented, but I don't see every car in the world being phased out of the roads at least until 2050-2060. Oil Tycoons will do their hardest to reinstate oil as the main source of fuel of this planet through multiple campaigns and propaganda so the fight for a safer environment will be long and arduous, thus in an ideal setting, for me it will take at least up until 2050 for all cars in the road within western territories to comprise mainly of electric vehicles.
It doesn't really matter how long it will take humanity to transition from gasoline and diesel cars to electric cars - until 2035, 2050 or 2060. The main thing is that the decision has already been made, its implementation will be phased and inevitable. More developed countries with high living standards will lead the way, others will follow. It is unlikely that oil and gas corporations will strongly resist this time. Humanity has faced a choice: either switch to other sources of energy and do less harm to the environment, or climate change will become so global that we will simply cease to exist. Additional decisions on this issue will be made and monitored at the level of the G20 countries and the UN.
639  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: March 13, 2023, 07:30:39 PM


As far as I understand, Europe has simply changed suppliers of natural gas and oil - instead of Russia, hydrocarbons are now supplied to Europe by the United States and Arab countries. 

China and India have also changed hydrocarbon suppliers - there were Arab suppliers, now Russian ones. 

As a result, everyone is now buying expensive hydrocarbons, everyone is suffering losses, and all logistics flows have become more complicated.  There is nothing good.

Humanity as a species has become less efficient, less friendly, less able to solve complex global problems.
Yes, the supply of energy carriers in the world has become more complicated. Established logistics supply chains are disrupted. Many countries, including European countries, suffer losses in this regard. But it didn't happen by itself. If Russia had not pursued an aggressive aggressive policy, had not attacked Ukraine, and then had not begun to blackmail Europe precisely with energy supplies, all this would not have happened. As a result, Russia will lose the most, and so much so that it itself can break up into many independent states. It may already happen this year.
640  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 👉{OPEN} BillionAir Bounty Campaign | 4 wks | $50,000 worth $AIRB | 5 Platforms. on: March 13, 2023, 06:52:35 PM
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