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681  Economy / Economics / Re: Is some certain lifestyle a waste of money and time ? on: March 29, 2023, 06:45:04 AM
We did not come into this world to enjoy this life. Therefore, this way of life is, of course, unacceptable. We are here to improve spiritually. Each of us has certain tasks and trials that we must go through in life in order to move on. Nature is not so wasteful as to allow us to waste life aimlessly and at our own pleasure. If a person leads a wild life, this usually does not last long. Events occur that either change his habit or throw him out of life.
682  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: March 28, 2023, 05:44:23 PM

Back in 2020, pipeline natural gas was trading at $100 to $150 per thousand cubic meters. Now it's trading at $500 to $600 per k.cu.m (at one point in 2022, prices had crossed $3,000 per k.cu.m, but then it came down). At current levels, producing Ammonia fertilizer from natural gas is unaffordable for most of the industrial units. On top of that, the price of potash fertilizer has also risen thanks to the Russo-Ukrainian war (most of the global production comes from Russia and Belarus). And as a final nail in the coffin, the freight rates have also increased by manytimes.
You can see positive things in everything. The reserves of oil and gas on our planet are rapidly depleted. Mankind still needs to switch to alternative energy sources, especially in the light of recent events related to drastic climate change just because of the massive use of these carbohydrates. The rise in oil and gas prices will accelerate the transition to other types of energy, and above all to "green" energy.
683  Economy / Economics / Re: The world continues dumping US dollar (Gold, New World Order, World War III) on: March 28, 2023, 05:24:09 PM
After Russia's full-scale invasion of Ukraine, Finland and Sweden applied to join NATO, and on July 5, 2022, a protocol on their entry into the Alliance was already signed. Thus, Putin, wanting to move NATO away from Russia, brought it even closer to himself, having received 1,200 km on the borders with this alliance. Now everything is also moving towards the fact that as a result of the Russian-Ukrainian war, a new powerful geopolitical union may be formed on the territory of Europe.

It is predicted that this will be an equal and mutually beneficial geopolitical union of Poland and Ukraine, while maintaining sovereignties, which will be joined by weaker states (Moldova, the Baltic countries), and it will be under the geopolitical patronage of Great Britain.

It may be a more viable alliance than even the current NATO, one that can quickly take the most decisive action to protect the common territory. In this case, NATO will seem to Putin like a sweet memory from the past.

https://www.pravda.com.ua/rus/news/2022/06/15/7352542/
684  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: March 28, 2023, 02:26:04 PM
These are also facts!
Such a great connoisseur of history as you, of course, also knows the Paraguayan War of 1864-1870 against the triple alliance of Brazil, Argentina and Uruguay. Paraguay then lost up to 90% of the male population and suffered a crushing defeat, from which it has not recovered to this day, the consequences of that suicidal aggression are felt in Paraguay even after 150 years, it is one of the poorest countries in Latin America. I think it is useful for every Ukrainian to learn this historical lesson.
And why is it useful for Ukrainians to learn the lesson of the Paraguayan war you cited, in which the Paraguayans lost 90 percent of the male population? It seems to me that it is the Russians who should think about such a lesson now. Having already an acute shortage of armored vehicles, they are now attacking the Ukrainians without proper support and are suffering heavy losses in manpower. So, according to the Armed Forces of Ukraine, if from the beginning of the invasion - on February 24 and until the end of the year, that is, in more than ten months, the Russians lost about 100,000 military personnel killed, then from the beginning of this year, that is, in less than three months, their losses already amount to over 71,000 people. If they continue to wage this senseless war of conquest at such a pace, they may lose men just like the Paraguayans.

  By the way, the Chinese are already waiting and ready to provide all possible assistance to Russian women. Moreover, they are hard-working, not drunkards. Russian women may well accept such help from the neighboring people.
685  Bitcoin / Legal / Re: New world order or CBDC against cryptocurrencies on: March 27, 2023, 08:25:44 AM

At this point, it's almost certain that cash is on its way out globally. When it happens, crypto is well-positioned to naturally take its place. That's why I expect a major crackdown on crypto to follow shortly after CBDCs are implemented. I don't expect they will just allow crypto to thrive and grow uncontrollably, if they won't straight up ban it, they'll make it really hard to use (by restrictions, taxes and reporting requirements) to keep it contained.

The volume of cash may decrease, but I do not think that in the near and even distant future they will disappear. Yes, and we should not strive for this. Still, cash is not as controlled by the government as non-cash. Non-cash money has previously been entirely under the control of the banking system, and hence the government. CBDC is functionally much better than the current non-cash money, however, in terms of control, it is the same non-cash money.
Cryptocurrency, of course, expect times of further regulation by states and their governments. But if everything is in moderation, then it will take its rightful place in the global financial system.
686  Economy / Economics / Re: Its not human vs machine its human vs human on: March 27, 2023, 06:38:29 AM
Rather than seeing machines as a threat, we can view them as collaborators. By working together with machines, we can enhance our abilities and achieve better outcomes than we could on our own. AI and ML become more prevalent in the workplace, certain skills will become more in-demand. For example, skills such as data analysis, programming, and project management will be increasingly important. By developing these skills, we can position ourselves for success in the future workplace.
Now artificial intelligence (AI) is no longer just a machine. People taught these machines to think, analyze data, create new information based on available information, and make certain decisions instantly and without emotions. Recently, there was a training battle of an experienced pilot with artificial intelligence on the simulator, and this “machine” defeated a man in a minute and a half, despite the fact that an experienced pilot used all kinds of maneuvers. AI predicted the actions of a person and was ahead of him with his actions. This is a clear example of what can happen to humanity if such "machines" suddenly decide to destroy it. Working with AI and developing it, it is necessary first of all to take care of the safety of mankind, otherwise it will be as shown in the movie "Terminator".
687  Economy / Economics / Re: The impact of Russian and Ukrain war on world economy on: March 26, 2023, 08:22:49 PM
War certainly brought a broad impact, the Russian War vs Ukraine occurred for more than a year and of course involving many countries, European countries supported Ukraine and many countries that supported Russia, of course the impact of war is very difficult as an increasingly difficult economy.
Russia as an occupying country in its aggressive war in Ukraine is openly supported only by the Lukashenka regime (but not Belarus as a whole) and Iran. North Korea provides some support, and the world is now closely watching China's further actions after the recent trip of its leader to Russia.
In general, the entire civilized world is on the side of Ukraine, which is defending itself from direct Russian military aggression. Given that more than 50 states are providing all possible assistance to Ukraine, including military, as well as Russia's threats against many countries, this greatly spurred the arms race both in Europe and in the world as a whole. European countries are transferring Soviet-Russian equipment to Ukraine, and in return they receive new NATO equipment. Thus, rearmament is being accelerated, in addition, budget spending on defense is increasing. Few imagined that this could happen in Europe in the 21st century.
688  Economy / Economics / Re: Its not human vs machine its human vs human on: March 26, 2023, 04:26:18 PM
In different sectors of the economy, the degree of possible implementation of artificial intelligence (AI) will be different. But it is undeniable that part of the AI will replace the jobs of people. It is beneficial for managers of private enterprises to replace people with automated robots in production. They are always less of a problem. Therefore, this trend will continue.

I also do not fully support the assertion that the introduction of AI continues only the competition of man against man. AI already sometimes shows the results of its work much higher than a person. Moreover, even in mental abilities, abilities in analyzing and assessing the situation and choosing the right solution. The assertion that AI will only work with the information that is put into it by a person is not confirmed. Already, AI is able to improve and create new information based on analysis. In the future, this ability will be greatly enhanced.
689  Alternate cryptocurrencies / Altcoin Discussion / Re: Will crypto banks replace traditional banks soon on: March 25, 2023, 09:46:14 AM
I guess in the far future. I have high hopes on what crypto can do but as we see the situation today, I currently don't see crypto will "replace" traditional banks knowing that banks are purely centralized and we crypto are fan of decentralization which is the opposite of the concept of banks. We are our own banks and yeah before we replace banks with crypto banks, We need a interesting concept that is capable of what banks are currently doing right now. There are bank users that hates crypto for certain reasons and it's hard to change their mind about it. I estimate that we need 1 or 2 generation till most of us accepts cryptocurrency on being used daily.
The tasks and principles of operation of crypto-banks and traditional banks differ from each other, and therefore crypto-banks cannot replace them even in principle. Cryptobanks and conventional banks may well coexist and in a certain way even complement each other. Yes, and I do not see the point in striving to make such a replacement. It should also be borne in mind that states would not allow this, even if such a replacement would be possible.
690  Economy / Economics / Re: Sanctions at work:Russia posts its second highest deficit in the post-Soviet era on: March 23, 2023, 05:52:37 PM

International Criminal Court (wherever it is located) is a joke. George Bush Jr caused 2 million deaths in Iraq (including half a million children) and he never faced any prosecution for his crimes. Obama invaded multiple countries and killed hundreds of thousands of people. The most developed country in African continent (Libya) was bombed back to stone age. The ICC never had the balls to issue arrest warrants against people who are responsible for these crimes. And now they want to act against the Russians for some trivial reason.
War crimes and crimes against humanity need to be documented in time and correctly so that international courts can then examine the evidence and make decisions on it.

Ukraine has already documented more than 70,000 war crimes of the Russian invaders and invites international experts and judges of international courts to see for themselves the crimes committed and their consequences. Moreover, the Putin regime practically does not hide its crimes and actually recognizes their commission. I don’t know who and how documented the crimes in the wars you mentioned, but Ukraine, as a civilized state, is being attacked by Russian troops who do not adhere to the rules and customs of war, commit massacres of the civilian population of Ukraine, rob and export to Russia any property that bloody hands of Russians, commit mass and almost demonstrative rape, torture and other crimes, which are correctly documented for future trials.

The fact of forced deportation from Ukraine to Russia of more than 16 thousand children, their distribution to special camps or transfer to Russian families is well documented and confirmed by Putin in the media. Therefore, this fact is taken as the first international criminal trial, which will be followed by further ones. It is unlikely that this should be called a banal reason. This is a serious crime of Putin and his entourage, for which they will certainly be held accountable.
Do you think that these crimes are not documented?
https://bitcointalk.org/index.php?topic=5441385.msg61825995#msg61825995

Remember what many of Hitler's followers said at the Nuremberg Trials. A very famous phrase.
"We were all Hitler's shadow." (C) Joachim von Ribbentrop

The US and NATO countries have supplied a lot of weapons to Ukraine, and now the country is at war. The United States and NATO countries supply weapons to Taiwan. This greatly increases the chances of war. The US is good, the rest are criminals. What kind of courts are you talking about if these courts depend on US influence?

Let's look at this dispute from a different point of view, namely from the side of the correctness and legitimacy of Ukraine's actions in this war, since we are discussing the effects of sanctions against Russia for the invasion of Ukraine, the occupation of part of its territory and the atrocities that Russians commit against Ukrainians in their country of Ukraine.

Is Ukraine doing something wrong, defending itself against the invasion of Russian tanks and other armored vehicles on its territory and from the daily bombing of its settlements? Or should it not have accepted help from other countries, such as the US, because the US has suspected that this country supplies weapons to other countries, and therefore is, as it were, a warmonger? Write that Ukraine is at war because the United States has provided weapons to Ukraine? It seems to me that you have confused a lot here.

First of all, we must proceed from the fact that Russia attacked Ukraine and destroys its infrastructure and civilians, and not vice versa. The war in Ukraine arose due to Russian military aggression and the availability of weapons provided to Ukraine only affects whether Ukrainians can defend their freedom and independence. Of course, someone would like Russia to seize the territory of Ukraine in a few days, as Putin planned, and a significant part of the Ukrainian nation would be killed and tortured, as Putin and his entourage planned. Russia is a terrorist country, and Putin's regime is criminal. This is an established fact, so the criminals in relation to Ukraine must be punished fairly, including through international courts. And the United States and other states are doing the right thing, helping Ukraine in every possible way to protect itself from aggression. Challenge this fact.
691  Economy / Economics / Re: Russia's economy is 'imploding' on export decline, economists claim on: March 23, 2023, 10:56:59 AM

The USSR paid off its lend-lease debts in 2006, 61 years after the end of World War II. I think it will take Ukraine 150 years to pay off its debts for the supply of weapons, this is according to optimistic forecasts.
Biden signed a lend-lease on the supply of aid to Ukraine back in May last year, but it did not work, and it is possible that deliveries will not be made under it at all. Lend-Lease was a fallback option for Biden as a direct aid to Ukraine, if the US Congress had  refused to provide such assistance. But for now, Congress, on the contrary, encourages Biden to provide more assistance to Ukraine, in particular, with F-16 aircraft and Abrams tanks, and most of this assistance is free.

If Ukraine will compensate for the weapons and other assistance supplied to it, it will be largely due to reparations from Russia, and judging by the significant material and human damage inflicted on Ukraine, the Russians will have to pay for more than one generation.
692  Economy / Economics / Re: Sanctions at work:Russia posts its second highest deficit in the post-Soviet era on: March 23, 2023, 10:22:47 AM

International Criminal Court (wherever it is located) is a joke. George Bush Jr caused 2 million deaths in Iraq (including half a million children) and he never faced any prosecution for his crimes. Obama invaded multiple countries and killed hundreds of thousands of people. The most developed country in African continent (Libya) was bombed back to stone age. The ICC never had the balls to issue arrest warrants against people who are responsible for these crimes. And now they want to act against the Russians for some trivial reason.
War crimes and crimes against humanity need to be documented in time and correctly so that international courts can then examine the evidence and make decisions on it.

Ukraine has already documented more than 70,000 war crimes of the Russian invaders and invites international experts and judges of international courts to see for themselves the crimes committed and their consequences. Moreover, the Putin regime practically does not hide its crimes and actually recognizes their commission. I don’t know who and how documented the crimes in the wars you mentioned, but Ukraine, as a civilized state, is being attacked by Russian troops who do not adhere to the rules and customs of war, commit massacres of the civilian population of Ukraine, rob and export to Russia any property that bloody hands of Russians, commit mass and almost demonstrative rape, torture and other crimes, which are correctly documented for future trials.

The fact of forced deportation from Ukraine to Russia of more than 16 thousand children, their distribution to special camps or transfer to Russian families is well documented and confirmed by Putin in the media. Therefore, this fact is taken as the first international criminal trial, which will be followed by further ones. It is unlikely that this should be called a banal reason. This is a serious crime of Putin and his entourage, for which they will certainly be held accountable.
693  Economy / Economics / Re: Soaring fertilizer prices could see millions more undernourished on: March 22, 2023, 09:48:40 PM
One of the main reasons the world always come to foolish conclusions generated by research and computer simulations is that they remove the CREATOR of Heaven and Earth out of the equation. I remember their predictions about covid and others, but they failed to factor in the realignments that already occurred especially shortly before covid pandemic.   The poor who do not depend on the evil system are heavily protected.  
By the way, synthetic fertilizer do not produce good foods nor  rich harvest. You need the right farmers to produce good foods and rich harvest not those that believe that poisoning foods with toxic chemicals will make them grow. Try and grow some foods in greenhouse with soil rich in natural/organic manure and you probably notice the difference. How are you sure the synthetic fertilizer are not  filled with growth hormones?
Apparently, it is not necessary to approach the issue of the use of fertilizers in agriculture in a uniform way for different categories of those involved in the cultivation of products. For home gardens, small and even medium-sized farmers, organic farming is quite suitable. Organics is able to give plants all the useful substances for growth and getting a good harvest, because this is how nature itself laid it down. Such products are absolutely complete and have good taste.

Large enterprises that cultivate large areas of agricultural land may well use synthetic fertilizers, and here it is only important to observe the measure. But even in this case, it is desirable to combine these types of fertilizers and try to introduce organic matter as much as possible. Otherwise, the fertile resource of the Earth will be depleted.
694  Economy / Economics / Re: How can we end the *VOLATILITY OF BITCOIN* on: March 22, 2023, 09:04:31 PM
Regulation I guess would lessen the volatility in the market price of Bitcoin because demand won't be that high. Demand in the first place is dependent with the majority. On the other hand, what makes the demand high is the advantages of this technology; anonymity, low transaction fees and such. These things would definitely change once regularion occur. BUT another question would arise, how will this technology or industry in general be regulated? Probably combination of prohibition of decentralized wallets nd pushing third party wallets usage. Last question in my mind is that, will this be still  getting high demand once regulation takes place?
There is another point of view, which is that with an increase in the demand for cryptocurrency and bitcoin in particular, as well as with an increase in their liquidity, the price volatility of the cryptocurrency will fall. Moreover, this is the opinion of a significant part of the cryptocurrency market participants. But it seems to me that the great volatility of the cryptocurrency will not disappear under any circumstances. The regulation of this market cannot be so deep as to affect the nature of a decentralized cryptocurrency.
695  Economy / Economics / Re: Eu Cina vs USA russia oil vs Green energy on: March 22, 2023, 08:08:11 PM

I would say that Europe is mostly gaining energy independence from Russia, besides an acceleration towards the transition towards clean/green energy.
What do you mean exactly when you say Europe is gaining credibility from all this situation going on? Wasn't Europe credible enough before?
USA would not let an oil producing country grow
They did it with Iraq and Iran and now with Russia - Since Russia is a powerful state they did it the other way.
In this situation, in any case, Russia itself is to blame, not the United States. After all, Russia attacked Ukraine, and not vice versa. If Russia had not done such a stupid thing, it would still now continue to boast of its military power so much that all NATO members were afraid of it. The United States, of course, took advantage of the situation, helped Ukraine and did not allow Russia to capture it. But after all, it was necessary to calculate everything in advance, and not use impudence, as Putin did. And now almost nothing can be changed. The Russian army was defeated, and the mobilization of 300,000 people did not help Putin either. Russia is now sorely lacking in heavy military equipment and ammunition, trying to beg all over the world.
696  Bitcoin / Bitcoin Discussion / Re: Cashless Policy & Redesigned of Banknotes Make Citizens to Use BTC in Nigeria on: March 21, 2023, 03:02:27 PM
In my opinion, this is another proof that cash will exist for a long time until a certain standard of living of the population is reached in each country and all the necessary technical and other conditions for the smooth circulation of non-cash money are provided. But even in such cases, there will always be separate categories of people who, for various reasons, will not be able to use non-cash forms of payment.
The Nigerian government should have foreseen the difficulties with the limited ability to use the new banknote design and in any case not combine this with the simultaneous massive introduction of cashless payments.
697  Bitcoin / Bitcoin Discussion / Re: The value of bitcoin on: March 21, 2023, 02:26:57 PM
This thread was published on February 20, that is, a month ago. Her text has been opened for reading 40 times, but no one has left a comment yet. Apparently, this is due to the fact that hardly anyone has read it to the end. It is too long, and the theoretical information presented in it is tiring.
698  Economy / Economics / Re: Eu Cina vs USA russia oil vs Green energy on: March 21, 2023, 01:18:57 PM
Do you know who is the largest investor in the development of green technologies and alternative energy? UAE! They are leaders in renewable energy... They have a $27 billion Dubai Green Energy Fund. it is necessary to lay the foundation of a new era, the era of alternative energy...
This is a really interesting turn of events in the field of green energy development. The economic development of the UAE is determined by large oil production, which provides the majority of government revenues and almost all foreign exchange earnings. Thanks to the accelerated development of the oil and gas industry, the UAE has achieved the highest average annual income per capita of the indigenous population among the states of the Arabian Peninsula. This state, most likely, unlike Russia, also relies on the development of technologies that will ensure the further development of this country. A very wise decision. After all, oil and gas can be used not only as a fuel, but also as a raw material for many industries.
699  Economy / Economics / Re: Russian Gas ban - A problem for Europe or suicide for Russia? on: March 20, 2023, 06:11:38 AM

It's time consuming. And it will take a lot of time when Ukraine will start producing nuclear fuel and will start selling it to EU
However - its not an easy task to cut ties with Russia. Whatsoever is the reason. First Ukraine. have to run its rehabilitation program to stand on its feet again.

Ukraine plans to launch nuclear fuel production next year. Therefore, this period is not so long, even if something does not work out and it will be postponed for some more time.

And European countries have already quite successfully broken their dependence on Russian oil and gas supplies. This process is also not fast, but it is running and there is no doubt that it will be done.

Yes, after this war, Ukraine will have to recover for a long time. But world states are going to help her in this. This has its positive aspects, since in many respects it will have to be built and restored from scratch, and this will be done using new technologies, which will lead to the growth of the Ukrainian economy and an increase in the standard of living of Ukrainians. And Russia will have to pay reparations to Ukraine for many decades.
700  Bitcoin / Press / Re: [2023-02-01] Ban on Crypto Mining in Residential Areas Proposed in Russia on: March 20, 2023, 05:37:25 AM
I am not too surprised by this decision, because the Russians are experiencing an energy crisis and they want to concentrate on the war.. and not on struggling to keep the lights on.  Roll Eyes

Also, in some of these areas ..  the Russian government are subsidizing electricity and with the war dragging on... funding for this is declining, because most of the money are being used to fund the war.  Tongue
Yes, Putin's Russia made a big mistake by launching a military invasion of Ukraine and miscalculated its strength. As it turned out, Putin was counting on a quick conquest of Ukraine, so they were not preparing for a long war there. Now Russia has driven itself into a dead end. They cannot admit defeat in Ukraine and withdraw their troops there, since at the same time this will mean the collapse of the Putin regime. The costs of the war are rising, incomes are falling, and not only because of the sanctions.
The largest exporter of energy resources is itself forced to use energy economically. But the situation has developed in such a way that any subsequent steps will only worsen the economic condition of Russia. Therefore, the cryptocurrency in it will be on the verge of a ban.
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