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661  Economy / Economics / Re: Going to war means let's ulter the economic progression on: April 05, 2023, 09:17:10 PM
No one would have thought that in the 21st century there would be an idiot at the head of state who would send the country's troops to conquer a neighboring friendly state, while the population of this country as a whole would be happy to kill, rob, rape and torture people in the occupied territories. Putin and his entourage planned to divide the conquered inhabitants of Ukraine into five categories: some would be subject to complete destruction, others deported to remote depressed regions of Russia. Those who went out to protest were planned to inflict maximum injury, and the survivors were thrown into prisons. To do this until the Ukrainians would forget about their nationality. This is the future these Nazis were preparing for Ukraine and allegedly went to Ukraine to destroy Nazism.

That is why there can be no negotiations now until the complete annihilation of the invaders. Any concessions and a truce will be used by Russia to gather new forces and continue to continue as planned. Europe and the United States have already understood this, and therefore Ukraine is being given all possible assistance in its struggle for its freedom and independence.
662  Economy / Economics / Re: The world continues dumping US dollar (Gold, New World Order, World War III) on: April 05, 2023, 03:31:54 PM

Russia is still insisting on achieving ambitions that no one knows its limits. While the entire region is preparing itself for a long-term war. The Baltic countries are considering options to join NATO and fear that Russia will invade Poland, in addition to the buildup of arms on the western side. Surely you have recently heard about Putin's intention to turn Belarus into a nuclear base in response to the weapons that Britain had supported Ukraine for a while.
All indications confirm that Russia will not stop the war, especially since it has formed a front for itself that includes countries hostile to America and the West, such as China and Iran.
The Baltic countries - Latvia, Lithuania and Estonia have long been part of the NATO alliance. On April 4, Finland also officially became a member of NATO.
There is an opinion of some experts who warn that Putin from the territory of Belarus can launch nuclear strikes on Poland and Lithuania. Firstly, this will be to ensure that radioactive contamination is an obstacle to the supply of weapons to Ukraine. Secondly, by doing this, he sets Belarus up for a retaliatory strike at the place where nuclear missiles were launched. At the same time, this may be another bluff of Putin, who constantly scares the world with nuclear weapons in order not to provide military assistance to Ukraine.

As for Russia's allies - China and Iran, everything is not so simple here. The other day, Chinese Ambassador to the European Union Fu Cong made a statement, according to which, external observers misinterpret relations between China and Russia. According to him, Beijing does not support Moscow in the war against Ukraine, and the statement of the heads of the two countries, Putin and Xi Jinping, about friendship that "has no borders" is nothing more than a rhetorical device. The ambassador noted that China did not provide military assistance to Russia and did not recognize its attempts to annex Ukrainian territories, in particular Crimea and Donbass.

Source: https://politics.comments.ua/news/foreign-policy/kitay-zayavil-o-nepriznanii-kryma-i-donbassa-rossiyskimi-710656.html

The announcement came as a cold shower on the Russian side, which touted a strong relationship with China as one of Putin's main foreign policy achievements.
663  Economy / Economics / Re: Elon Musk and others urge AI pause, citing 'risks to society' on: April 05, 2023, 04:18:02 AM
Further developments to improve artificial intelligence (AI) should be subject to strict international control. The concern of Elon Musk and a group of scientists about the danger posed to humanity by AI is fully justified. People cannot ignore even the slightest doubt in this regard, because we are talking about a threat to the existence of mankind.

Experts are already horrified by the new possibilities of AI and how fast it is evolving. Already in December 2023, a new version of ChatGPT should appear, and some experts are already sounding the alarm about the dangerous possibilities of artificial intelligence.
With the advent of the new version, generative AI may be indistinguishable from humans. Experts say that some people in Open AI believe that ChatGPT-5 will reach the level of AGI. The abbreviation stands for "Artificial General Intelligence", that is, "General Artificial Intelligence". Today, AI is a weak semblance of human thinking at an elementary level, but the transition to a higher level means practical identity with the way a person thinks and realizes.

Artificial general intelligence (AGI) is a hypothetical form of artificial intelligence (AI) that is capable of understanding or learning any intellectual task that humans or animals can perform. This is the main goal of some research in the field of artificial intelligence and a frequent theme in science fiction and futurology. However, before doing this, at the interstate level, people must implement clear safeguards and guarantees that AI will not be able to perform actions aimed at harming a person. Until then, further developments in AI should be put on hold.
664  Alternate cryptocurrencies / Altcoin Discussion / Re: Banks are collapsing. Will Bitcoin and other cryptocurrencies rise from here?? on: April 04, 2023, 10:28:42 AM
Recently bank like Credit Suisse and Silicon Valley bank are collapsing. People are switching their money to bitcoin. Is it the sign that more people are no longer trusting the bank and are moving toward to decentralized world?
Bitcoin's purchase as a result of failing banks is intriguing, but how much does the whole bitcoin  marketcap cost? Also, why do you think a massive purchase wouldn't have pushed the coin above its previous highs? Bank failures are widespread across all continents, and the government was unable to protect them. They are trying to get back funds from the inflated economies. I  like the timing
Some of the banks periodically go bankrupt in difficult and troubled times. It was before, and it will be later. But we cannot assume that the banking system will collapse because of this. It is very powerful because it is under the auspices of the state.

As for cryptocurrencies, many believed that the negative effects of the coronavirus would lead to a sharp increase in people's interest in cryptocurrencies and it would quickly begin to grow in value. But that did not happen. The cryptocurrency market is still in decline for almost two years now. People are showing interest in cryptocurrencies, but this is not happening as quickly as we would like.
665  Economy / Economics / Re: Climate Regulations Are About to Disrupt Global Shipping on: April 04, 2023, 10:02:57 AM
Perhaps the new technical requirements for the maintenance of ships are associated with political motives. 

At present, the supply of Russian hydrocarbons to the EU countries has sharply decreased.  Currently, the Russian Federation sells oil and natural gas mainly to countries such as India and China.  The supply of hydrocarbons occurs mainly not through gas pipelines, but by sea transportation on sea vessels - tankers. 

Therefore, Russia needs a very large number of new ships.  At the same time, as far as I understand, the country's need for tankers is so great that it is ready to pay for the reconstruction and modernization of ships that were not originally intended for such business activities. 

In my opinion, the new technical requirements may be directed against Russia and are designed to strengthen the effect of the economic sanctions already imposed against it.
It is not worth measuring all innovations by the interests of Russia or thinking that the whole world has taken up arms against it so much that everyone wants to destroy it by any means. Although, of course, there are already quite a few countries and peoples who want Russia to be completely destroyed. For those wars and deaths that Russia has unleashed over the past century, she deserves it.

Now our world is experiencing very rapid climate change and if emergency measures are not taken, then humanity may disappear from this planet. Therefore, harmful emissions into the atmosphere must be sharply reduced, as well as any harmful impact of human activity on nature. Relevant restrictions and changes will apply to all states, not just Russia.
666  Other / Off-topic / Re: Prepare for the life when you get old on: April 04, 2023, 09:27:15 AM
I'm not really sure who's the wrong in this situation and who should I blame, but few things in order to make you survive and doesn't suffer financial problem are:

1. Make sure you don't save your money, but invest on few commodities e.g. Bitcoin, gold, stock, real estate etc.
2. Have a small business in your home, it's better if you have an autopilot business where you don't need to work anymore.
3. Teach your children how to use money in a correctly way, don't overspend and use it for luxury lifestyle.

When you're still 25-40 years old, it might be the peak of your career, don't think you can work until you're death because an old people can't compete with fresh graduate young people.
Not everything can be planned in this life, even despite our desire and the necessary actions for this. Unfortunately, we cannot control our own destiny. Therefore, sometimes in our life events occur that break all our plans. This, of course, does not mean that planning is not necessary. But sometimes it happens that already in adulthood or in old age you have to start all over again.
667  Alternate cryptocurrencies / Speculation (Altcoins) / Re: XRP - yes or no? on: April 03, 2023, 04:48:29 AM
XRP is getting ready for a massive rally, I think this project will do so well soon, I wish all the early buyers a congrats because XRP have fought through a lot, many FUD about this project years ago and yet it's still rocking in the space now, and now that they have XRPL makes it even more cooler.
If the protracted process with the SEC is won, and this is more likely, then XRP will have a good price increase. Already now we see good price movements of this coin.
Now CoinMarketCap shows that Bitcoin fell by 0.9 percent over the week, ethereum rose by 0.42 percent, and XRP rose by as much as 12.17 percent.
I remember that in 2017 the attitude towards this coin from the participants of this forum was sharply negative due to its excessive centralization. Now, judging by the reviews, the attitude towards it is from normal to positive. Times change.
668  Economy / Economics / Re: Bitcoin (BTC) Targeting $10,000,000 Amid Rapid Global Crypto Adoption on: April 03, 2023, 04:28:54 AM
There are two reasons why a bitcoin might be worth a million (or ten million) dollars.
1. Widespread acceptance by the central banks of the world of bitcoin as a reserve world currency.
2. Hyperinflation of the dollar.

Both options are not mutually exclusive.
The widespread adoption by the central banks of the world of bitcoin as a world reserve currency, I completely rule out. The central banks of states operate on completely different economic principles, so the use of bitcoin as a world reserve currency will never happen.

Dollar hyperinflation could theoretically happen, but this would not necessarily lead to such an increase in the price of bitcoin. Most likely, the world will switch to using other fiat currencies, gold or other eternal values. Of course, at the same time, the price of the dollar should rise, but it is unlikely that even a million dollars for bitcoin can be discussed.
669  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: April 03, 2023, 04:05:44 AM

Despite its lack of military superiority in Ukraine, Russia has not lost its global position with the support of China and other strong economies. Work is now underway to export gas through Turkey, and no matter how much the boycott campaign increases, the world cannot dispense with Russian wheat, especially since Ukrainian wheat is prevented from reaching the markets due to the pressures of the war.
Last Monday, Putin pledged to provide African countries with grain for free if the agreement to transport grain through the ports of the Black Sea is not extended next May. He also announced that his country will cancel debts owed by African countries worth $20 billion. Does this sound like a failed state strategy to you?
By the time the full-scale war began, over 20 million tons of unexported grain remained in Ukrainian warehouses. At the same time, 1.5 million tons - in the territory of Kherson, Zaporozhye, Luhansk and Donetsk regions temporarily occupied by Russia.

As part of the Grain Initiative, about 25 million tons of food products were exported from Ukraine, and thanks to the Black Sea Initiative, WFP has delivered more than half a million tons of wheat since August to support humanitarian operations in Afghanistan, Ethiopia, Kenya, Somalia and Yemen. We can say that Ukraine managed to export its agricultural products last year.

Putin promised to provide African countries with grain for free if the agreement on the transportation of grain through the Black Sea ports is not extended?
But it was Russia that blocked the export of Ukrainian grain from its Black Sea ports. And what kind of grain does Putin promise to deliver to African countries? Maybe stolen in Ukraine and which is very difficult for him to sell due to monitored actions by the world community?

During the occupation of the southern and eastern Ukrainian regions, the Russians stole over 500 thousand tons of grain - a third of the reserves in these territories. But this information may be outdated and the volume of theft can be much larger.
670  Economy / Economics / Re: Russia and others, move to use Yuan instead of dollar. on: April 02, 2023, 02:36:36 AM
While China's president visiting Russia recently did show that China's willing to get closer to Russia, and China and Russia do sort of have a common rival in the USA, I don't think China will get particularly close with Russia. One thing is that Russia wants to store tactical nuclear weapons in Belarus, and China is explicitly against it. Also, I think China's playing an intermediary here, posing itself as a potential third party that may help Russia and Ukraine come to an agreement. To be an intermediary, you can't get close to either side, so partnering with Russia isn't going to roll. Moreover, China and the West have a difficult relationship, but it's one of mutual dependence. China is a manufacturer, but Western countries are the buyers of its products, at least a major part of its market. So it's not fully an enemy of the USA and isn't likely to step over some boundaries. Russia, meanwhile, probably likes its own fiat currency which is fairly strong, especially considering the heavy sanctions and a difficult economic situation caused by Russia's war against Ukraine.
So I'm not sure that they can all agree to move toward Yuan, to be honest, as there's a lot at play.
The recent visit of the head of China to Russia did not bring what Putin expected from this meeting. As a result of this meeting, not a single agreement was signed, with the exception of two non-binding statements. Moreover, Putin immediately framed China, saying a few days after this meeting that he would transfer nuclear weapons to Belarus and thus negate China's peace initiatives.

But China has taken another step towards subordinating its interests to Russia, which will be highly dependent on this state. International sanctions are forcing Russia to use the Chinese yuan, because Russia's path to the dollar and the euro is cut off, and Russian rubles on the international market are simply toxic.
671  Bitcoin / Bitcoin Discussion / Re: Bitcoin Volatility on: April 02, 2023, 02:15:12 AM
(....)
My query is: How will Bitcoin's volatility diminish over time, or what is the single biggest element that could result in a reduction in Bitcoin's volatility?
I am also curious about this what if in the future the market cap of Bitcoin is already huge just like already x10 or more of the market cap right now?
And another thing is what if the block rewards are already also very few?

I am thinking of as the market develops and adoption rises, bitcoin's volatility may decrease over time.

There is an opinion that with an increase in the adoption of bitcoin and its liquidity, price volatility will decrease. But I believe that volatility will always be a hallmark of this market in all its stages. But how it will actually be, time will tell.

But due to the high price volatility of the cryptocurrency market, you can make good profits in a short time, and this is what attracts a significant part of its participants. If it were not for the high price volatility of the cryptocurrency, it would not cause such great interest among people.
672  Bitcoin / Bitcoin Discussion / Re: Do you feel bad while paying with BTC? on: April 02, 2023, 01:57:02 AM
Hello everyone!
Recently I was thinking about BTC payments and I believe that the system is moving towards bitcoin adoption and paying with bitcoin. And it's great!

But the problem for me is that anytime I think about paying with BTC I feel somehow uncomfortable. I always remember the guy who spent 30+ bitcoins on pizza and now these bitcoins are worth a fortune. Like I don't want to be this guy and pay with an asset that WILL go up in price. It feels like you paying more for the product from a future perspective.

What are your thoughts about this? Personally, I usually try to buy with stablecoins if I have some, it just feels more natural for me. I don't want to touch my BTC while the market is still bad.
Well, your thought is not devoid of common sense. I am sure that a significant portion of the members of this forum have never made purchases with Bitcoin settlements. Indeed, why kill the goose that lays the golden eggs. And when making small household transactions, and even middle-level transactions, it is not very convenient to use bitcoin, given that it is not possible to pay with them everywhere. So far, bitcoin is more used as an investment in the hope of greater profits due to its price growth in the future, and not as a means of payment. Although this is not entirely good for the liquidity of Bitcoin itself.
673  Economy / Economics / Re: Elon Musk and others urge AI pause, citing 'risks to society' on: March 31, 2023, 06:22:13 PM

I think that AI development is scarier in its public image than it actually is in reality.

It probably stems from the fact that many people do not understand it and think that AI is some kind of living being which is slowly becoming more superior to humans. Which is both not even close to true.
If we keep thinking like this, then we will come to our senses only when some Skynet begins to dominate people and discuss whether it is worth destroying such imperfect creatures as people. But then it will be too late. Even now, primitive robots quite seriously declare that man is imperfect and therefore subject to destruction. Should the future of mankind be so risked? In any case, it will be much more reasonable to weigh everything once again and take measures to eliminate any threats from the AI.
674  Economy / Economics / Re: Russia and others, move to use Yuan instead of dollar. on: March 31, 2023, 05:57:02 PM
There are also other reasons why Russia has tried to use the Chinese yuan instead of the dollar. Of particular importance here are the US sanctions imposed against Russia and the disconnection of almost all Russian banks from the SWIFT international payment system, which made it very difficult to use the dollar. In addition, Russia previously held a significant part of its foreign exchange reserves in yuan. But the Chinese yuan has fallen in price over the past year, and Russia has suffered significant losses because of this.
Experts believe that the popularity of the yuan in Russia is due to the adjustment of Russia's own policy and the constant development of Sino-Russian trade and economic cooperation. Yuan breaks trading records for
Moscow Exchange. However, the increasing role of the yuan only indicates that the currencies of unfriendly countries have been forced out or fled from Russia. Given that no one is talking about trading in rubles, it is the yuan that remains the means of payment, which allows you to somehow trade with the rest of the world, which has narrowed to China and India this year.
675  Economy / Economics / Re: Is risky to invest this period on: March 31, 2023, 04:53:17 PM
From the look of things bitcoin price will not come up soon, I guess is better to hold on till when it will show strong signal before putting in money again to escape losses and people who their investment is long over due are already victims of the Price dropping. We should try to be careful this period that bitcoin has not direction. Imagine a friend investment $2000 but what is currently left in his wallet is $400, and the deep is still bearing down the nuds.

Hold on, but if you must buy now be wise to use spare income.
Recently, the price of bitcoin has risen from around $20,000 to its current over $28,000. Approximately the same dynamics is shown by top altcoins. If there are free funds, then in my opinion, now is a good situation to invest in bitcoin. Since April, a good growth of cryptocurrency usually begins, but the situation in each year has its own characteristics. Next year there will be another bitcoin halving, which is why the next wave of price growth for the entire cryptocurrency is expected. Of course, it was better to invest when bitcoin recently had a price even below $20,000. You need to monitor the price situation and buy it at the lowest possible price.
676  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: March 30, 2023, 10:58:30 AM
The Zelensky junta has asked Ukraine's Orthodox Church (UOC) to vacate the premises of their headquarters (Pechersk Lavra). Now with every passing day, the actions of the junta is looking more like a genocide and ethnocide. First they banned a language that is used as a home language by more than 80% of the population. And now they are forcibly converting the Ukrainians to foreign faiths such as Catholicism and Evangelism. At the end of this war, both the sides will be tried for war crimes. And for Ukraine, the trial is going to be a lot more problematic than it is for Russia.

https://www.bbc.com/news/world-europe-65117269
You have completely distorted the facts of objective reality, which are now taking place in Ukraine around the Kiev-Pechersk Lavra.

Kiev-Pechersk Lavra is a national reserve and belongs to the state of Ukraine.
The leadership of the National Reserve "Kyiv-Pechersk Lavra" demanded that the UOC of the Moscow Patriarchate leave the territory of the Lavra before March 29, based on the fact that due to violation of the lease terms by representatives of the UOC (MP), the lease was not extended. Besides,
the conducted examination found that the UOC-MP unreasonably calls itself Ukrainian and is actually part of the Russian Orthodox Church, which now supports the war in Ukraine and calls on Russians to kill Ukrainians. Many representatives of the so-called UOC-MP are agents of the Russian FSB and are accused of aiding the Russian occupiers and collaborating. The demand to expel Russian priests from the Ukrainian saints comes from the Ukrainian people and is supported by the government of Ukraine. This is not a persecution of the church, as Russia wants to present it.

The Kiev Pechersk Lavra will remain a national museum and representatives of the Ukrainian Orthodox Church will serve there. Already, the Primate of the Orthodox Church of Ukraine (OCU), Metropolitan Epiphanius, has appointed the Acting Viceroy of the Holy Dormition Kiev-Pechersk Lavra. They became a member of the Spiritual Council of the Lavra, Archimandrite Abraham. Metropolitan Epiphanius expressed the hope that the state would help protect the governor and the monastery from possible provocations by adherents of the Moscow Patriarchate.

The Russian language has never been banned in Ukraine. Every citizen of Ukraine can freely communicate with any language, including Russian. However, the Russian language is now deprived of the status of the state language and officials in business correspondence and communication with citizens were obliged to use the Ukrainian language as the only state language. Under the USSR, the Russian language was planted in all Soviet republics, and therefore, when attacking Ukraine, Russia used a far-fetched pretext to protect the Russian-speaking population.
677  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: March 30, 2023, 09:55:06 AM
Another article on the European dependence on Russian LNG:

https://www.bloomberg.com/news/newsletters/2023-03-28/europe-s-gas-buyers-can-t-quit-russian-lng

The figures show that EU increased its imports of Russian LNG by 30% during 2022. Now they have a very strange situation. Previously, they used to purchase pipeline gas from Russia at $100 to $200 per thousand cubic meters. Now they are purchasing LNG from the same country, at 3x the original price. Russia is not going to complain anyway, as long as they are getting the payments. And winter was mild during 2022. I don't expect the same for 2023. If winter is harsh, then once again the gas prices will touch record levels achieved during August 2022.
Until the winter season of 2023-2024, Russia still needs to live. After all, the situation for the Russian economy continues to deteriorate every month. Over the three months of this year, the Russian budget deficit increased to the levels that were planned for the whole of 2023.
Already, even Putin, at a meeting with members of the government, admitted that the sanctions imposed on the Russian Federation because of the war could adversely affect the state of affairs in the country's economy. Until autumn, the situation in Russia will worsen many times over.

As for the weather, scientists predict a further rise in temperature on the planet. Apparently, there will be no more severe winters in Europe in the near future.
678  Economy / Economics / Re: Elon Musk and others urge AI pause, citing 'risks to society' on: March 30, 2023, 09:36:16 AM
Fake photos or anything like that is the least of the risks to humanity and is not something to worry about right now. ChatGPT, like other types of artificial intelligence, is really learning and humanity does not have any guarantee that it will never be able to direct its knowledge against a person and try to destroy it. Indeed, even now, even primitive AI expresses its opinion that a person is not perfect and must be destroyed. It is necessary already now to lay some kind of programs or something similar in AI so that it cannot even think in the direction of harming a person.
679  Alternate cryptocurrencies / Altcoin Discussion / Re: Does Bounty really pay? on: March 29, 2023, 06:05:10 PM
I can say that with years of participating in bounties I have become very selective and bounties that I participate in usually pay. But the issues with them is that you never know when exactly bounties gonna pay and whether these altcoins have value. It will be more correct to answer that bounties pay, but the value of payment is questionable and unpredictable.

However, I would suggest bounty hunters to search for an alternative to common bounties they find in bounty section on this forum. Number of campaigns is low and decreasing. I would suggest to focus more on retrodrops and participating in reward campaigns that are held on https://galxe.com/ for example.
This is unpleasant to admit, but the situation with payments for participation in bounty companies really only gets worse over time. The situation is especially bad with signature campaigns. First of all, there are so few of them that there is no way to choose which one is better for paying bounty hunters. Now the emphasis is on social networks, and any newcomer who is registered on the forum can participate there. Signature campaigns are envisaged in about a tenth of new projects and with a total pool of about ten thousand dollars in new tokens, a maximum of several thousand dollars is allocated for a signature campaign. And it’s not a fact that these tokens will generally have at least some value.
For now, it is possible to participate in signature campaigns if there is enough free time in the hope that this situation will change for the better in the foreseeable future.
680  Alternate cryptocurrencies / Altcoin Discussion / Re: When is the next altcoin season? on: March 29, 2023, 05:02:24 PM

My assumption is it already started. I know the market is dumped now. But it will retest the support line and go to the (Bitcoin)100K in the next three months. All the altcoins are following bitcoin. So you can get more profits within the next three months.
It is unlikely that in the near future the price of bitcoin will go up so much that in three months it will reach one hundred thousand dollars. Unfortunately, there are no objective reasons for such a rapid price growth yet. Recently, the cryptocurrency market has been shaken by various bad news and, apparently, this will continue for some time. Now we expect that there will be a wave of further regulation of cryptocurrencies by states, and this will not have a very good effect on prices in this market.
Most likely, the altcoin season, as some have pointed out here, will indeed be after the Bitcoin halving in 2024. Prior to this, growth is possible, but not so strong as to be called altcoin season.
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