I do believe that you should not extend it for that long ( 25 years!! ) You might have to give a lot of compound interest that way. But rather, you need to organize yourself, the assets are only worth it if they are not burdening you.
As far as I know, if people want to take out a debt with a maturity of 25 years so as not to burden the interest, the chosen interest is fixed interest and not compound interest because it will burden the person. Even though the asset value will definitely increase, compound interest will still be a hassle. Choosing compound interest is for savings, not for loans. Like the concept of a home loan, there is still a choice of fixed or single interest and compound interest. |
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<...> So in the end, to cover the deficit they will either issue more treasury bonds, or print more banknotes.
Don't forget taxes. Taxing the rich to fund the government. Ohh the irony. Taxes and QE at the same time! First you make the rich richer, and the poor poorer with QE: you distort the markets to favour those who can afford to invest in the financial markets, leaving the lower classes behind. Then you tax the rich of the profit you allowed him to gain, only to repair the damages you did in the first place with QE! Wunderbar! I feel confused by the current economic situation they are doing, actually it has nothing to do with me reviewing their policies, especially since I don't live in that country, but with their policies they actually hit the economy in a developing country like mine. I don't know why and what is the problem in the minds of world leaders today. Simultaneous conditions of tax and qe policies in the US will attract their investors who are in my country, not to mention the pressure in my own country which is no less bad. During this pandemic, the government seemed out of control in debt. Providing social assistance is only their alibi to owe a lot to other countries, the state continues to be burdened but the rulers are not burdened at all because their term of office is only 5 years, a maximum of 10 years. But the state bears the amount of their debt for life and will continue to pass down from generation to generation. Until the country goes bankrupt because the interest on debt is no longer counted. Not only in the US but there are so many similar economic cases today, therefore crypto seems to be the answer, especially BTC to be a solution to this broken centralized economic system. |
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I don't really understand the rules in the United States or Europe regarding buying a house on credit, but why do people prefer to buy a house with a longer mortgage because buying a house with the installment credit that he pays, it will not stop the value of the house he has bought from increasing, meaning that he buys a house with a longer loan with monthly installments it will not stop him from increasing the value of the assets he already owns. The house as a property has a value that always grows every year. Currently, we buy an average house with a value of hundreds of millions Rupiah but in the end of the mortgage the value of the asset will reach billions Rupiah.
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My thoughts is that bitcoin is just a medium to help you become rich or financially stable, in the end you are the one that needs to utilize those tools given to you, what I mean by that is you do have bitcoin but you don't know what to do next so you are just stuck into hodling only which isn't helpful if you want to get financially stable. I do agree that bitcoin can return the power back to the working class but we all know that bitcoin is for everyone so even the ruling class can get in like what they are doing now.
Yes of cause the ruling class is getting into cryptocurrencies as well but with the lower and middle classes into cryptocurrency, it will definitely save as a means of freedom for them too and not totally dependent on the higher class in the society. Cryptocurrency has really helped people regardless of the way you are trading it as long as you are doing it right. When we talk that crypto can give you freedom or medium to help you become rich, that means we talk about the function of crypto as a store value. As we know, there are some functions which have by Crypto. Store value, speculative and transaction tool. Crypto has its potential to make ur value asset become higher than before and the value is always higher than inflation rate. This will help you to keep ur life in financial crisis but we should know that there is a term and a condition. |
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I am a grateful person, and will enough for me with just one plate of food when im hungry, but we must think our families too, is they feeling enough too with just one plate of food ?
Feelings of not being enough for others sometimes trick us into being greedy, becareful with that.
They will enough as what we feel if they can eat like others. Being grateful will give us feel that we are still lucky than other people who do not have a better life. Not because we have money or other precious thing but we can prevent greediness as humans. When we can have grateful, we will get the other good things that we do not think. Being grateful in any situation will give us a positive mind and will respect others. Start from what is the meaning of greedy. When someone feels never enough with what he has and continues to feel haunted by bad feelings to earn what he wants to have by justifying all means. This will be a nightmare for his life. this situation will worsen his life Because not all things can be judged with material because in this life the lowest sustenance is material sustenance and when a person is blessed by God a healthy body condition and a healthy soul That is the greatest gift. |
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I see regulations in a country, they only regulate crypto commodity trading regulations, the reason is for security, because they reveal one example of a circulating case that many crypto asset traders take away customer money, and this is their concern so that domestic investors can be guaranteed its security is because there is a guarantee for the security of customer money, through a clearing house.
There are still many things that are not known about crypto, besides the crime of exchanges taking consumer money, security is the most important thing, we often see the fact that many projects are hacked so they have to change address contracts. This is what some people are afraid of with crypto, particularly those new ones. They don't know what project they can trust and how they can have assurance that they will not get rekt. Regulation has positive impact but the government should know what kind of regulation protocol they need to implement. Don't know how they do it but if they impose the regulation towards crypto then I think we should accept it since for me it can help us filter those scams and provably we can see the dominance of legit projects coming ahead. Maybe lets forget about those possible taxes they want to implement and we should see the level of protection it can possibly give us. little percentage take on our balance for sure cannot hurt our pockets. However, the government will not be easy to accept the presence of crypto because with this authority, the rights of the government are limited. How can humans not be disturbed when their rights are limited. When massive crypto is used I firmly believe, no one will care about the government in a financial context because of the convenience that Crypto has offered. |
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Personally, I believe that before enjoying life, a person must have a closed need for survival.
If you have nothing to live on, you have no money, then it is difficult for you to enjoy life because you are in a stressful state of survival.
When you have money, you feel relaxed, because your need for survival is essentially satisfied, especially if you live in a capitalist society.
It's true and between money and happiness are certainly equally important and they are interrelated, but in life of course we need money to meet the needs of life, and what must be known that money is not the only source to get happiness I'm actually not someone who adheres to a materialistic understanding where all things will be judged in material terms but for me people who have more money will have the convenience of feeling a sense of happiness because when people who have money will easily share it will be easy to care for others it will be easy to get what they want. It's true that money can't always buy happiness, but when a person is able to manage his money into happiness for himself, it means that he has succeeded in placing money in a position to be of more value to a life. |
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An innovation will have a struggle to be known and used by the masses, especially for innovations that have a large disruptive value such as financial decentralization. So far, the financial system has continued to idolize centralization so that everyone's wealth is haunted and limited by policy makers. There is no freedom in the centralized financial system so that the development of DeFi will not run smoothly but will survive amid the same needs in society.
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I want to say that I really enjoy reading threads like yours, especially with the hot issues being discussed right now. I remember very well how I was waiting very attentively at every BTC price movement before hitting 60K USD, but my anticipation changed after the provocative tweets started by whales like EM. He is the one who initiated the issue of not being environmentally friendly on BTC but this is just a manipulative tweet. He issued the tweet after selling BTC for several stages and after issuing such a statement. I just saw clearly that EMs just wanted to buy more BTC at a lower price and started raising the price after getting it. Like his recent meeting with Jack Dorsey, there were no negative statements, only implied support statements for BTC. Isn't his manipulative very obvious? I've seen a lot of support for BTC on this forum, as in the thread made by Fillippone at the following link; https://bitcointalk.org/index.php?topic=5325350.msg57460578#msg57460578There are many interesting facts in this thread that can support BTC, and as BTC owners we should be wise in dealing with cheap issues like this. There are so many other assets that are more destructive to the earth than BTC. |
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Bitcointalk Profile Link: https://bitcointalk.org/index.php?action=profile;u=387544Current amount of posts (including this one): 1135 bech32 BTC Address: bc1qskffn8acumqfv662k7rh3xrftqaqalhratgjne ERC20 ETH Address for the NFT: 0x5D470B34CDa87c4ED3B7948a3D516870922e4ED5 Earned merit in the last 120 days: 32 |
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It is said that the central banks are nervous about Bitcoin to be used as a currency but just as a store of value like gold and silver. That if Bitcoin is emerging as a currency, going mainstream and people using it as direct payment, this can still lead to governments trying all possible means to intervene which can be the biggest issue and threat towards Bitcoin adoption. That governments power and influence over their people are their currency, and government will not want to lose the control.
You are right that the government doesn’t want to lose its authority, so they want to replace crypto currencies by creating digital state currencies. I don't believe in any digital state currencies. They will still be regulated by the government. The main feature of digital money is decentralisation and uncontrollability from authorities, but digital euros, rubles, yuan will be under control, so it is the same as just non-cash money but on blockchain instead of bank account. In fact, no government anywhere is happy if its power is limited, let alone hampered. Not only Crypto will make it difficult for a centralized government, Fiat in other countries is not easy to become legal fiat for a country. For example, Indonesia does not recognize other currencies as a means of transaction, only Rupiah and the only legal currency. Even if you bring thousands of dollars it is not legal to transact in Indonesia. You have to change ur dollar first. |
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It's common for SEC officials to say crypto is the wild west, they really don't want this cutting edge innovation to be the solution to many things. As is commonly understood, the SEC's status with banking has the same background, namely centralized economists. They think that anything centralized is better than decentralized. If crypto becomes common in society, they will be very afraid of not being able to regulate and manage the financial system in the future. They consider the free thing to be something bar bar.
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Many companies are also considering allowing their employees to choose to receive partial or full compensation in the form of cryptocurrency. If you can get paid through cryptocurrency, which one would you choose? If the boss pays in Bitcoin, would you want it? Or you continue to prefer to pay in fiat currency to facilitate the purchase of tokens you like.
Do you think cryptocurrency payment will be a new trend in the future?
I would still prefer fiat currency. You know you can't pay your bills using crypto currencies. And what if you get paid in a non stable coin and the next day the market crashes really bad? We have seen the price of crypto currencies go down more than 20% in just few days. You will be in trouble then. Then there is those transaction fees which sometimes end up being very absurd. Get paid in fiat, buy crypto with fiat  . I see that your chosen indicator can only be used as a trading tool, isn't it very simple? BTC is like gold, gold can't buy a good must be exchanged first to fiat then do you still prefer fiat to gold? If given the opportunity to choose then BTC is the best choice. Although it cannot be used as a direct transaction tool, BTC can be the best store of value than if you store it in fiat. What you get by filling an account with fiat for 10 years when compared to BTC is a very clear growth chart. |
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I rested there 2 times - in 2010 and 2012. Believe me - this is recent, and now I am reading about what is happening, and I am sure that nothing has changed there. I will explain and argue. No matter how much we would like to expect changes in the Cubans, there are NO! They went out not to change the country, approaches, laws - they, no offense, as prisoners began to protest against even more bestial content, but not for freedom and justice!
Protest moods arose for 2 reasons: mortality from Covid increased significantly, and Cuban medicine (vaunted by the way, such as mega-effective, although everyone is trying to go to the USA, EU, Israel, ... for treatment anyway, ...) turned out to be powerless. Second, an additional drop in living standards has been added and, in fact, life is on the verge of starvation.
In total, this is a simple "animal" revolt, but not a desire for systemic changes.
Yes, it all sounds very offensive, but the truth can be like that ...
However, the dictator, a leader will still be able to be overthrown by the sovereignty of the people's hearts who feel the same as slaves. There are many stories about such a leader, but when the people move, the term of office will not be long. They just need a revolution to start by not using fiat then the government will be confused about taking economic policies, BTC can be an alternative for people to feel financially free without being limited by many regulations. |
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As far as I understand that throughout the development of technology there will always be sacrifices because new technology will create disruption in an environment that is already accustomed to the previous conditions, with the existence of technology it will create convenience for its users. That's what happened with BTC, where currently a currency that is able to fight the old system will interfere with the comfort of old users.
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Robert kiyosaki said on his youtube channel ( The Rich Dad Channel) "this is real financial education, what they don't teach you in school...so there's three kinds of people in the world when it comes to money, there's an investor, a trader, and a speculator"- INVESTOR = an investor puts capital to use for long-term profit. - TRADER = a trader seeks to make short-term profits by buying and selling over and over again. - SPECULATOR = a speculator just gambles and hopes that other parties will dare to pay higher his/her tokens or coins later. i'm an investor, not very trading savvy, just buy Bitcoin and some Altcoins for long-term. How about you friend? I myself prefer to be a trader who makes short-term trades, even though the profits are small in trading the buying and selling method (ping pong) but this can at least provide continuous profits (even though sometimes we lose) and at least with short-term trading we can minimize losses that could occur, but the difficulty of being a short-term trader is that we have to continue to monitor price movements on computer screens or cellphones and that really makes us tired. That's the reason why I didn't choose to become a trader because it takes a lot of free time to pursue this field. For those who still have 8 hours of work in the office, it will be very difficult to monitor their portfolio regularly. As a result, they usually use the services of an investment manager and believe that they end up being caught in a scam. |
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At least, Ginting got a bronze medal, he won without much fighting, congrats.
Finally a gold medal for Indonesian women's doubles. This is new history, they were able to reach the final and win. CHEN Qing Chen and JIA Yi Fan lost in straight sets. Chinese doubles pair lost 21-19, 21-15. They are the fourth seed and representatives of Indonesia are not seeded. Nurul Akmal. she growing up in 5th position on qualification Adi Tashkent, Uzbekistan 2020. if she can pass the target 263 possible bronze medal. but I won't much expect because his best score is 261.
For Nurul Akmal it seems he is only in rank 5 he managed to lift 115 kilograms. He has a difference of 25 kilograms from Li Wenwen in first place The journey of the Indonesian women's doubles was not in vain by being able to provide the opportunity for the national anthem to be played. Even though if you look at the US, the conditions are very much different, but it is a pride for a country that does not support athletes but there are still those who can excel. Their hard work paid off. They came home not only with trophies and pride but a bonus from the president also waiting for them. |
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Yup, I also use trading and investing as learning materials because there are many life lessons to be learned. No matter how difficult it is for us to start investing in crypto, it's not much different as we open a business in the real sector, it's even more risky to invest in the real sector because the failure factor is not only on one side but on various sides. I feel that people who invest and trade in crypto are quite grateful for getting better financial literacy.
Crypto investment should not be done randomly without doing any analysis as it is much riskier than many people think. I wouldn't even invite someone who knows nothing about crypto and the market to invest because I know the risks are real. Those of us who are already in this space are always exposed to lingering risks such as asset security risks and volatility risks, so it's only natural not to invite anyone who basically doesn't understand crypto to come in and buy them at random. Experience will probably give us a lot of knowledge and will be very useful for anyone involved. Regarding the bull market, I think this could happen at any time even if only influenced by some positive issues. I don't think the bull market has returned now as it seem to be a reaction of the market wanting to move up slowly after a downtrend for several month. As many have said, volatility will always exist and we can only hope that there is plenty of fundamental to support another bullish attempt. Although the current condition cannot be said to be bullish, we still have to be optimistic about going through the next stage. Slowly the market will improve even though it takes a long time, it is possible to get better again. As long as the whales don't create negative issues, I believe the market has the potential to improve in the future and those that have averaged down will have a chance to take profit. |
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I don't see devaluation as a policy instrument that supports growth but chaos in the country because my country has a lot of history with devaluation policies and the results have worsened the economy. How can it be called a devaluation as a sign of growth in the country. I still haven't got a reasonable point for that. Fyi, my country is not the most industrialized country but the biggest importing country and with this devaluation it is like a macroeconomic destroyer. while the only umkm that could be saved were at that time.
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of course the central bank and fiat are more supportive and while you are here you invest your money and call it saving? I think that's bullshit.
I dont think that fiat is better choice for saving. Saving and Investment in my view is the same concept. I dont separate them for different way, when we talk about risk that is depend on the person. High risk is just for profit side which is high return that means high risk. When I save my money on fiat, I dont get anything except the inflation but in the crypto market for especially in BTC , the graphic showed the good growth. I dont think what I wrote before just a bullshit, based on our own perspective. |
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