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641  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum vs Competitors: Who will lose Relevance? on: April 20, 2023, 08:14:07 AM
Shanghai upgrade is finally happening, but is it too late?  Will Ethereum even be relevant by the time it finishes upgrading?  Or are they taking too long?

Lots of EVM competitors now:
a)  Polygon zkEVM functionality
b) Cardano now has native EVM
c) Filecoin added VM compatibility

Check out our take, and then reply with feedback of your own:
https://www.youtube.com/watch?v=GO4-cOgo7j4
Ethereum was, is and will be the leader of altcoins for a long time. It has a good team and many useful features. Some coins, including BNB, simply copy the functions of ethereum, improving them a little. Now ethereum continues to be updated and improved, and this inspires confidence that this coin will be ahead of all altcoins for a long time to come.
642  Economy / Economics / Re: Bans on crypto now looks like a joke on: April 20, 2023, 06:43:49 AM
Do not underestimate the ability of states to regulate and ban the circulation of cryptocurrencies. In China, as far as I know, the ban on the use of cryptocurrencies is not formalized by the regulations of the government or the legislature. It was at the level of the Central Bank of China - the People's Bank of China, and this is not the same thing. Therefore, where the banking system cannot control the situation with cryptocurrency, the Chinese are relatively easy to bypass such a ban.
As long as the G20 countries adhere to the previous decision that cryptocurrencies do not pose a threat to global financial stability, there is no need to fear serious bans on cryptocurrencies.
643  Other / Politics & Society / Re: Being Russia and Russian now on: April 19, 2023, 01:21:33 PM
Russia as a state and Russians as a nation are now rapidly sliding into an abyss with a long period of economic decline, isolation from the outside world, a drop in living standards, which before that was at a minimum level compared to European countries, and most importantly, the degradation of the psyche and morality.

A recently captured Wagnerian told how, on the orders of his command, he, along with others, cleared the territory in Bakhmut, killing all the local residents, including the elderly, women and children. How the five-year-old girl squealed, whom he finished off with a shot in the head. How he destroyed the captured Ukrainians along with the Russian mobilized, who refused to storm the positions of the Armed Forces of Ukraine, throwing grenades into the room where they were, and then poured petrol over the still alive and set them on fire. The world was already horrified by the atrocities that the Russians are perpetrating in the occupied territories of Ukraine. Moreover, these are territories with a Russian-speaking population, which they allegedly came to liberate from the mythical Nazis, whom no one had even seen in their eyes.
Recently, the network was agitated by a video of a Ukrainian prisoner of war being cut off the head with an ordinary knife, which was deliberately distributed on social networks. The intent is twofold: partly to intimidate the Ukrainians, and partly to provoke a response of anger in them so that the Russians avoid captivity.

Both Russians and Ukrainians will have to live with this, and therefore the gap between these peoples is growing and expanding.
644  Economy / Economics / Re: War: who benefits and how! on: April 19, 2023, 06:51:29 AM
The West has seized Russia's reserve, so Russia is seizing the eastern regions of Ukraine? Have you messed up the order here? Russia took over eastern parts of Ukraine back in 2014, and $300 billion of Russia's reserves in foreign banks were blocked after Russia's full-scale invasion last February.

As far as I know, Russia has also seized a lot of investment from European companies inside Russia. Many large corporations have run in to billions of USD worth of losses each. Anyway, Russia has indirectly benefitted from the war. The price of LNG, thermal coal, wheat and sunflower oil went up steeply as a result of the war and Russian exporters have made large profits as a result of this. Also, the Russian Ruble has got devalued by more than 30% over the last 12 months. This has also helped the exporters to make even larger profits.
If Russia has received any material benefit from the war it has unleashed with Ukraine, then it is temporary. Recently, I saw a figure in the news that only 9 percent of foreign enterprises withdrew their assets from Russia. Russia blackmails and threatens them in every possible way, threatening to nationalize their property if they try to leave the country. Many of the foreign enterprises are ready to take certain losses in order to leave Russia, but it is difficult to sell their property there. As a result, Russia will be recognized as an unreliable partner for doing business, and foreign business will gradually leave Russia.

Earlier, Russia refused to return several hundred civilian aircraft that were leased from other states. But they can only be operated in Russia, and their maintenance is impossible due to the lack of imported components. Therefore, there are more and more accidents and plane crashes, and Russian planes are being arrested in order to compensate for losses. After a short period of time, the Russian air fleet will be practically destroyed.
645  Economy / Economics / Re: Maybe Not Possible For Governments To Get Off Fiat?? on: April 17, 2023, 05:56:51 AM
Maybe Not Possible For Governments To Get Off Fiat??

 Thinking that with the USA dollar as the main reserve currency, That would make it very hard for other countries to get off the USA dollar and other fiat systems if they wanted to.
Such as moving to a money system that has more limited supply.

More less to drop a fiat system altogether for the international business aspect for that countries exports and imports.

The transition to a monetary system with a more limited supply for states is absolutely unacceptable. It is impossible to try to transfer the principles of operation of the cryptocurrency to the fiat system of states. The amount of fiat in the state should be generally equal to the amount of material assets that can be in circulation on the territory of the state. Any deviation causes negative consequences for the economy of states.
The transition to the fiat of another state or to cryptocurrency also negatively affects the economy of the state.
646  Economy / Economics / Re: War: who benefits and how! on: April 16, 2023, 04:03:50 PM
Do not even hope that Russia will win this war. The Russian professional army is almost completely destroyed in Ukraine. Recently there was information that the army special forces of Russia have already suffered losses of 90-95 percent due to the fact that Putin wants to capture the small town of Bakhmut at all costs in order to show the Russians at least some kind of victory. Therefore, Russia threw its remnants of special forces and airborne troops to capture him, which are almost over. It will take at least ten years for Russia to restore these elite troops.

Now, through electronic subpoenas, the Kremlin wants to conscript at least 400,000 of the country's able-bodied population into the army. This will lead to a collapse in the demographic sphere and possible riots.

Most importantly, the Russians do not understand why they should go to Ukraine and die there. With an extremely low moral and psychological state and already with an acute shortage of military equipment and weapons, wars of conquest are not won.
 
Ukraine is still losing territory, recently Russia captured 80 percent of the city of Bakhmut Ukraine Armey is withdrawing from all the cities near the frontline. If Russia has lost 90 percent of soldiers then how this is possible? and Ukraine has recently received advanced weapons from United states and other NATO countries till now Russia has ordered only one round of mobilization on the other has Ukraine has impose  14 rounds of mobilization. For me it looks a safe Russia is having plenty of reserve soldiers  while Ukraine is running out of manpower.
Ukraine has not lost its territories for a long time, and with some exceptions, it is only returning back. In practice, this happened two months after the Russian attack, when the central and northern regions of Ukraine were liberated. In any case, after the mobilization of more than 300 thousand people in Russia in September and the Russian winter offensive, the Ukrainians did not lose their territory.

  The fighting in Bakhmut takes place with varying success, since the Russians make more than a hundred attacks per day, incurring colossal losses. In recent days, the center of Bakhmut, the railway station, the railway was again recaptured from the Russians, the Armed Forces of Ukraine are successfully counterattacking. Both roads leading to Bakhmut are also under the control of the Ukrainian Armed Forces. The Ukrainian army does not retreat in any sector of the front. This information is incorrect. Moreover, except for Bakhmut and Avdiivka, as well as at Svatovo and Kremennaya, the Russians do not attack anywhere else and go on the defensive, since they do not have enough troops or equipment to attack.

Now in Ukraine, the formation of the so-called "Offensive Guard" of about 60-70 thousand exclusively volunteers with experience in combat operations or law enforcement agencies is nearing completion. They will be the shock fist of the spring offensive. In a month or a month and a half, we will see how the Russians will flee in panic from the south and east of Ukraine. It's not long now.
647  Economy / Economics / Re: Advises 'Get Rid of Your US Dollars Now (Economist Peter Schiff) on: April 15, 2023, 02:49:37 PM
Rumors about the need to get rid of the dollar are deliberately spread. This is nothing more than political propaganda that has nothing to do with reality. For the first time, a Chinese journalist spoke on this topic, and it was gladly picked up by opponents and competitors of the United States. All fiat currencies are now experiencing difficulties and inflation after the coronavirus pandemic and the intensification of various cataclysms in the world, including artificial ones, such as wars. The dollar may weaken a little, but this does not mean that it will lose its role as a world reserve currency.
648  Economy / Economics / Re: Eu Cina vs USA russia oil vs Green energy on: April 15, 2023, 09:37:44 AM
In my opinion, even China will not be able to capture all of Russia. 

First, the Chinese army has no combat experience.  In practice, the Chinese army may prove to be an ineffective structure (even taking into account its large numbers). 

At one time (until February 24, 2024), I listened to Strelkov-Girkin's arguments about how he planned to annex the territory of Ukraine to Russia.  And I understood from his words that in order to manage and control such a large territory, a lot of people are needed - soldiers, policemen, etc. 

And this is subject to the complete destruction of the regular army. 

And in order to capture and control such a vast territory as Russia, such a huge army of security forces is needed, which even China does not have. 

By the way, this is one of the reasons why foreign intervention against the young Russian Republic at the beginning of the 20th century failed.
It is hardly worth agreeing with your opinion. Almost the entire combat-ready army of Russia perished on the territory of Ukraine. That is, the military experience of the Russians was very short-term. In Russia, they continue to mobilize those who do not have combat experience into the army, and they are almost immediately thrown into the assault on the fortified positions of the Ukrainians, where they die ingloriously. Now the opinion is being expressed that two or three brigades of the Armed Forces of Ukraine may well be on Moscow and capture it. After all, there are no longer any significant military formations in Russia itself. That is why the Kremlin is now demanding a truce through the mouths of Lukashenka, Orban and other assistants.
China, with its population of almost one and a half billion people, can easily capture the whole of Russia without any problems. But China has the opportunity to do this not by military means, but by purely economic means. Apparently, the bet is already being made on this option.
649  Economy / Economics / Re: Sanctions at work:Russia posts its second highest deficit in the post-Soviet era on: April 14, 2023, 06:19:49 AM

Russia did not need Donbass, it did not want to take it, and for 8 years it tried to resolve the issue through diplomacy within the framework of the Minsk agreements. And then it suddenly became clear that neither France, nor Germany, nor Ukraine were going to fulfill the obligations they had voluntarily assumed, but were simply playing for time so that Ukraine would prepare for a war with Russia. Well, I'm glad you got what you wanted, now don't complain. They did not want to give Donetsk and Lugansk a little more autonomy and the ability to speak their native language freely - so much the worse for you.
Ukraine is a unitary state and therefore there can be no autonomy in it regarding the structure of state power, the presence of law enforcement agencies with special powers, and so on. What happened to all the autonomies, where the Russians speculate in the Russian language and the Russian-speaking population, we have already seen in the example of the so-called Transnistrian Republic, North Ossetia, and so on. Russia provokes a conflict on the basis of language and under this pretext introduces its troops and promotes its state interests.

  In the situation with the Donetsk and Lugansk regions of Ukraine, the task was somewhat different. Russia wanted to achieve extensive autonomy in these areas with its own authorities, law enforcement and judicial structures and then transfer the destroyed territory back to Ukraine, so that by representing this autonomy in the Verkhovna Rada of Ukraine, blocking Ukraine's entry into the EU and NATO. But the plan of Russia was not destined to come true.

In the future, there may be several state languages in Ukraine, but not the language of the occupier. It is already proposed to introduce, in addition to Ukrainian, English as the second state language. This will forever put an end to possible further Russian aggression on the basis of the Russian language and the Russian-speaking population. By the way, already now the population of Ukraine, including the eastern regions, is voluntarily trying to switch to an exclusively Ukrainian language so as not to experience another "Russian spring" anymore.
Wet fantasies of Ukrainian nationalists do not agree well with reality. Ukraine is a multinational state, it has regions with a predominance of ethnic Russians, Poles, Hungarians, Romanians. If Ukraine insists on its unitarity, it may cease to exist as a state altogether due to the strengthening of centrifugal tendencies. What is actually happening now.
As Wikipedia says: a unitary state is a form of government in which the state does not include any state entities with elements of sovereignty, and its constituent administrative-territorial units are subordinate to single central authorities.
 
This form of government does not at all contradict the multinationality in this state. Now almost any state is multinational, because in open civilized states, thanks to the current technical progress, people of all races and nationalities move freely. And this does not mean at all that the representatives of all nations in each state must necessarily have separate elements of their sovereignty.

Although Russia is a federation according to the Constitution, in fact it is more suitable for the classification of a unitary state, since the nations and nationalities representing it do not have any real rights. Moreover, now Russia is more like a monarchy, which is single-handedly ruled by the monarch - Putin. He makes sole important decisions, and all other state democratic institutions are actually subordinate to him. The central government rests on repressive law enforcement agencies that suppress any dissent. So, in fact, only Putin and several other persons close to him made the decision to invade Ukraine militarily. And to go out into the streets with slogans for peace and against war, for this any citizen faces a long prison term.

But failures in the war against Ukraine inevitably cause centrifugal tendencies, and it is precisely this that Russia should be afraid of in the near future.
650  Economy / Economics / Re: Russia and others, move to use Yuan instead of dollar. on: April 14, 2023, 04:41:42 AM
Russia have conflict with European countries and United State, seems they have planning for longer time move to use Yuan instead of using dollar, another good news from south asian or ASEAN zone try to use new payment system and move from dollar to other currency but still in progress not have final decision move from using dollar.

I don't know will bring positive or negative impact if many countries leave using dollar and move to other currencies kinds, however United State will not stop make war or anything else about how their currencies not adopted by many countries payment transaction. For Russia have planning last than one year after European countries suspend Russia due invasion war to Ukraine.
If everything was good with the economy in Russia, then it would use its own ruble in trade relations with other states. But since the Russian ruble has become toxic and no one needs it, Russia has to support the economies of other countries using their national currencies. But Russia does not use the dollar or the euro, not because it does not want to, but because the imposed sanctions and the disconnection of its banking system from the international payment system SWIFT do not allow it to do so.
It is no coincidence that Russia is now demanding to reconnect Rosselkhozbank to the SWIFT system, in exchange for the extension of the "grain agreement" for the export of agricultural products from the ports of Ukraine.
651  Economy / Economics / Re: The Impact of Climate Change on the Financial World Where Will the Crypto World? on: April 13, 2023, 08:12:44 AM
If we do not take climate change and its negative effects very seriously and take the most decisive steps, then humanity will shrink and die out at a rapid pace. It will no longer be up to finance and not to cryptocurrency. Natural disasters will intensify: earthquakes, volcanic eruptions, fires and floods, storms, tsunamis and other natural phenomena will intensify and become commonplace. Part of the continents around the planet will go under water. Governments will not be able to oppose these phenomena. Therefore, there is no need to calculate how expensive it will be for us to switch to alternative energy sources. All this is a trifle compared to what nature can show us in the near future.
652  Other / Politics & Society / Re: Being Russia and Russian now on: April 13, 2023, 06:44:42 AM

Yea, NATO underestimated the Russian economy but the sanctions are not meant to cripple their economy immediately. It's a slow process. The problem I have with sanctions is that they are not on Putin, they affect the whole economy and the common man. Sanction does nothing to Putin directly, he's still protected, and he is still powerful even if his country suffers in the long run. The Russian Ruble has been losing value but that doesn't affect him. Inflation is increasing in the country, but that doesn't affect him, soldiers and civilians and dying but that doesn't affect him.

International sanctions are imposed not only against the initiators of the aggressive war in Ukraine, but also against the country as a whole, its military-industrial complex, economy, legal entities and all citizens in general, in order to make them realize the criminal nature of the seizure of foreign territories in the 21st century in the center of Europe and encourage concrete action to end it. Sanctions are designed to reduce the financing of the war, and therefore Putin alone cannot do here. It is absolutely logical that every Russian will eventually feel the negative consequences of the attack on Ukraine, and not only those living today, but also their descendants, who will have to pay reparations to Ukraine for the material and moral damage caused for a long time to come. The sanctions are only gaining momentum, so the worst time for the Russians is ahead and they need to get used to it.

It will be necessary to pay for the pleasure of killing, torturing, robbing and raping in Ukraine, to pay to all Russians, without exception, who could not prevent and then stop this war. Therefore, there are no innocent Russians in Russia, all murderers or accomplices of murderers. Everyone contributes to this ongoing war. The killer is not only the one who recently cut off the head of a captive Ukrainian who was defending his country from the invasion of killer orcs, but also those who, through their inaction, contributed to this.
653  Alternate cryptocurrencies / Altcoin Discussion / Re: Dogecoin Price Surges After Twitter Logo Change on: April 13, 2023, 06:08:01 AM
Changing the Twitter logo to the Dogecoin coin symbol was just Elon Musk's long-running April Fool's joke. Now Twitter has its former logo. Because of this joke, the price of Dogecoin rose decently in the first days of April, but in recent days it has been steadily declining. Now CoinMarketCap shows a drop in its price of 8.82 percent. Such a joke can turn into big price problems for this coin, since the relatively rapid fall in the price of Dogecoin at the present time, when the rest of the cryptocurrency is growing, can provoke a panic.
654  Other / Politics & Society / Re: Being Russia and Russian now on: April 12, 2023, 07:16:49 AM
I have Russian engineer friend currently living in Moscow. He is NOT pro-Putin or pro-war. I generally asked about how things are going there. He told me there are no visible issues with everyday life. People go to work and spend, just like before war. But he said that electronics are getting bit more uncommon, prices raised etc. He said that even if economy is damaged, a lot, I mean in long range, Putin's approval rate increased (he said he disliked it and voted different party etc). He said he feels like Putin will keep winning as economical effects are under control, for now at least.
At all times, Moscow and St. Petersburg were supplied with everything necessary to the maximum, and the rest of the territory according to the residual principle. Therefore, the state of affairs in these two cities does not reflect an objective picture throughout Russia. In addition, Russia, of course, has a large margin of safety, which is now rapidly decreasing. Therefore, for the time being, the appearance of relative prosperity remains. The National Wealth Fund of Russia is catastrophically decreasing, the budget deficit has been growing rapidly in recent months, and the gold reserves are starting to run out. If Putin's life lasts another year and, accordingly, the war in Ukraine continues, all this will be clearly seen by the Russians by the end of this year.
655  Economy / Economics / Re: Sanctions at work:Russia posts its second highest deficit in the post-Soviet era on: April 12, 2023, 06:38:39 AM

Russia did not need Donbass, it did not want to take it, and for 8 years it tried to resolve the issue through diplomacy within the framework of the Minsk agreements. And then it suddenly became clear that neither France, nor Germany, nor Ukraine were going to fulfill the obligations they had voluntarily assumed, but were simply playing for time so that Ukraine would prepare for a war with Russia. Well, I'm glad you got what you wanted, now don't complain. They did not want to give Donetsk and Lugansk a little more autonomy and the ability to speak their native language freely - so much the worse for you.
Ukraine is a unitary state and therefore there can be no autonomy in it regarding the structure of state power, the presence of law enforcement agencies with special powers, and so on. What happened to all the autonomies, where the Russians speculate in the Russian language and the Russian-speaking population, we have already seen in the example of the so-called Transnistrian Republic, North Ossetia, and so on. Russia provokes a conflict on the basis of language and under this pretext introduces its troops and promotes its state interests.

  In the situation with the Donetsk and Lugansk regions of Ukraine, the task was somewhat different. Russia wanted to achieve extensive autonomy in these areas with its own authorities, law enforcement and judicial structures and then transfer the destroyed territory back to Ukraine, so that by representing this autonomy in the Verkhovna Rada of Ukraine, blocking Ukraine's entry into the EU and NATO. But the plan of Russia was not destined to come true.

In the future, there may be several state languages in Ukraine, but not the language of the occupier. It is already proposed to introduce, in addition to Ukrainian, English as the second state language. This will forever put an end to possible further Russian aggression on the basis of the Russian language and the Russian-speaking population. By the way, already now the population of Ukraine, including the eastern regions, is voluntarily trying to switch to an exclusively Ukrainian language so as not to experience another "Russian spring" anymore.
656  Alternate cryptocurrencies / Bounties (Altcoins) / Re: 🚧 [BOUNTY] Hexhash.xyz | Empowering the Future of Web3 on: April 11, 2023, 04:10:46 PM
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657  Economy / Economics / Re: Russia and others, move to use Yuan instead of dollar. on: April 07, 2023, 04:52:26 AM
I see that Russia and other countries switching to using RMB instead of dollars can be interpreted as wanting to reduce their dependence on the US currency and create diversification in international transactions. This can also help promote economic cooperation among regional countries and reduce dependence on Western Europe and North America. However, converting currencies is not easy and requires careful economic, political and legal preparation. In addition, the transition also needs to be done simultaneously with the agreement of the stakeholders and adjust the transition time to avoid adversely affecting the economies of the countries.
Russia had high hopes for Chinese support in its war to take over Ukraine, as well as for Chinese yuan to support the Russian economy, but these hopes were not destined to come true.

The results of Xi Jinping's visit to Russia turned out to be not even zero, but negative for her. China does not give Russia anything and will not even allow North Korea to help the Russians. Moreover, it became known that the Chinese Central Bank banned the import of cash yuan into Russia. Thus, Xi Jinping begins to slowly move away from the loser and criminal Putin, so as not to get himself dirty.

China is systematically distancing itself from the Russian Federation, cutting it off from itself, and the inhabitants of the Kremlin and ordinary Putinists are simply numb with horror looking at what is happening. Because all their hopes were connected with the People's Republic of China and some kind of lend-lease from there. In Russia, they said that without China it would be very difficult for them, in general, they would not be able to pull through without China. Now it turns out that they will not be pulled out.
658  Bitcoin / Bitcoin Discussion / Re: What do you think about Fiat and Banks? Can Bitcoin solve the problem? on: April 06, 2023, 08:49:25 AM
Fractional reserve helps banks free up more funds to put into circulation and make more profit. If there are any problems with cash that need to be issued to depositors, interbank assistance is usually involved. Failures in the banking system occur, as a rule, either due to the inept management of funds, or even to the abuse of bank employees. Therefore, failures in the banking system are always temporary, this system is quite stable and always recovers. An important role in its existence is played by the state and its government, which help banks in difficult times. Therefore, banks and their fiat will continue to exist.
659  Economy / Economics / Re: Sanctions at work:Russia posts its second highest deficit in the post-Soviet era on: April 06, 2023, 06:13:44 AM
According to official data from the Ministry of Finance of the Russian Federation, in the Russian Federation in 2023 there is a sharp drop in oil and gas revenues compared to the same periods of previous years.

It turned out that the revenues of the Russian state budget in March of this year amounted to only 688.2 billion rubles (for comparison, in March 2022 they were equal to 1.208 trillion rubles).

Representatives of the Ministry of Finance of the Russian Federation published data according to which the average price of Russian Urals oil in March 2023 was $47.85 per barrel, which is 1.86 times lower than in March 2022 ($89.05 per barrel).

It is worth noting that in February this year, the oil and gas revenues of the aggressor state showed an even lower result - 521.2 billion rubles (in February 2022 - 971.7 billion rubles).
There are two main reasons for such a depressing situation in Russia - a protracted war of conquest on the territory of Ukraine and the imposed international sanctions. If the Putin regime continues this war, then by the end of summer, the beginning of autumn, a real catastrophe awaits Russia.
660  Economy / Economics / Re: The beginning of the end for centralized AI? on: April 06, 2023, 05:52:46 AM
I don't think there's anything laws can do to stop the development of artificial intelligence. One reason is that people are paid to work on the development of artificial intelligence. In fact, developing artificial intelligence is their job description. And all these appeals and bans look ridiculous (like the riots against the development of factory production once looked like).
Factory production and the development of artificial intelligence (AI) are completely different categories in terms of the threat to the continued existence of mankind. The development of factory production threatened only a part of the workers who were replaced by machines and deprived of their jobs. Here the situation is radically different. Artificial intelligence is able to learn and in many ways can surpass humans. And this is a threat that it is almost natural and logical that AI will want to destroy humanity. Already, human-piloted military aircraft have been able to hold out against AI in a simulator for only a minute and a half. AI fully predicts human actions and instantly makes the right decisions.

Now they predict the emergence of a new version of ChatGPT-5 and this will mean the practical identity of AI with the way a person thinks and realizes.
Such an AI is capable of understanding or learning any intellectual task that humans can perform. This is a direct threat to humanity and therefore it must be approached very seriously.
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