This Is Never Going to Happen

Human beings are heterogeneous in perspectives and that is why there are always disagreements and wars because of failed compromises. Whoever thoughy this is merely joking. How is it going to be possible for all to agree to ban a thing as huge as cryptocurrency? Nah! This isn't going to ever happen. By the way, did we follow what happened at the recently concluded G20 summit which had in Argentina? Did we notice how divided the member countries were on the issue of cryptocurrency with many siding with the cryptocurrency stuff? So, OP don't panic. It won't happen.

Spot on Jet Cash. If I had a merit I would've splashed it on this post of yours. That insight seems to have been neglected for a long time now. However, I think the part I bolded shouldn't be placed restrictions on. Newbies often have sensible questions bothering them to ask. There isn't a better way to put out such questions except through opening threads to seek maximum attention.

This here holds the ace for my argument. I can rightfully say we are in the same camp based on the above syllogism.

Regrettably, the reason you have here for the above conclusion you reached inter alia is quite parallel to my own reason. It is not even the government that will make it impossible for cryptocurrency to make local currencies disappear. It is the people themselves who will be the barrier to that. The technicalities of cryptocurrency will make it cumbersome for the illiterate community to use. So, this set of people will still want the local currencies around.

The problem of Africa isn't really poverty sincerely speaking (sincerely writing, actually). Our problem in Africa is Bad Leadership which has easily occasioned corruption and insincerity of purpose. These stupid and bereft of ideas leaders can do anything just to remain in power and arrogant to themselves dictatorial powers and wealth.

About what to do globally to better the world economy? I am afraid not much can be done about that as perpetually there will continue to be poor people in parallel to rich people. It has always been that way from time immemorial. But that isn't to say we shouldn't attempt at helping out. We can start by cleaning and helping out at our individual corners. We can spread the bitcoin opportunities to those poor around us to coax them to key into it. But don't be surprised if those you tell spit your help out before your presence in refusal.

I know it's none of my business as I am not one of the participants here but I got to say this: It's obvious the Campaign Manager, Madz, is entertaining himself leaving you guys to your wandering thoughts. He enjoys this uncertainty his incommunicado posturing is creating.

Lol...Funny you in the contrary sense  


This isn't a Russian thing. It is almost a general epidemic now in the forum. It's like people forget to dispense this merit anymore. Those who even remember hardly give out more than 1merit per post.

Suggestion to the OP, they can make it an advice if they wish for that's what it is:
OP, just write your posts like there isn't a prize to be won and you would be alright. Just make them constructive to inform and teach others and the Merit may come in.

This response here isn't just ambiguous and ambivalent to the title question, it is a "ghen ghen thing" Complicating issues with a yes and no answer isn't what the forum seeks as no one will benefit from such a response.

Anyway, back to course. Whatever affects the world economy drastically will also have an adverse effect on cryptocurrency. The simple reason being that it takes demand and supply to achieve price level. And when no one is buying, price remains stagnant or goes down. This is the likely scenario when there is war or financial meltdown. Resources will expectedly be scare and the little available will be channeled to enable survival and not investment.

Bigup RodeoX! I have read about your exploits in Africa and what you are doing to bring Bitcoin awareness to that great continent. But aren't you facing challenges of buying/selling your stuff in Bitcoin in Africa, considering the fact that apart from South Africa and Nigeria all other countries in Africa are blind towards this technology? I would like to read from you on this poser.

In cryptocurrency, it is easy come easy go. Sadly, the rich angle is erroneously shared by majority of crypto fans. That's a misconception that ought to be corrected. People should be educated on the reality that one can also lose one's money too even as becoming rich is possible. For instance, there are many people who borrowed cash and bought at the btc ATH in January. What do we say of this then? Obviously, this set of investors are still in great loss till this moment.

Yes, that negative perspective shared by the above mentioned financial giants contributed in the recent plunging of the bitcoin. Buy I can say that we are safe that such news is coming at this time when Bitcoin has gained a great ground of trust and followership. Otherwise it would have been a very big dive downward. Warren Buffet and Bill Gates aren't names to toy with even when their opinions don't align with the majority.

Except the OP doesn't believe that Bitcoin is money, then the thread title will be okay. Otherwise, substitute money for Bitcoin (we believe it is a currency) and you would note that we are merely going in circles here as in: "Do you think we don't get quality Bitcoin money users anymore?" It doesn't make sense, I should think. There isn't any quality user when it comes to money. And what is money when it doesn't have any value. So, what is Bitcoin if the people can't profit from its use either. Anyone who says they aren't keeping Bitcoin for the profit isn't telling themselves the truth.

First off...and semantically writing (speaking), Miners isn't the same thing as Minners.

Now to the BOD, the synergy you envisage isn't what I feel would be tenable. I don't think miners will have that sameness of purpose and decision to pull that majority stake to hold the rest of us hostage. We saw how divided they were and have always been during the previous forks. Off course, if they had all put all their heads together Bitcoin would either be dead or not have had any forks at all. So, 51% controlling stake isn't possible.

Rolls eyes

So, he did actually take place in selling Bitcoin too. He should've given it out to charity as it was gifted him if he never believed in it. Honestly, I don't know why Gates allows himself to be tossed around by the waves concerning his stand on cryptocurrency. The other time he was silently endorsing it, now he is rebuking those hodling it. Anyway, whatever Gates strategy is, I think crypto fans should not be distracted from what they believe in.

Into the second page and almost 40 comments and suggestions made, yet no one sees "Lack of Regulation" as a problem for cryptocurrency?

Damn! What an oversight.


I think there should be mandatory KYC policy now to provide a bit of regulation that can help keep crypto scams and frauds at bay.

fiulpro, with your post two things come to mind:
1. No smoke without fire.
2. Behind every rumour there is an element of truth.

We should even begin to see this piece of news as an acceptable reality first before clouding it with doubt. Already, I think this is long overdue. It's a good thing coming from the Wall Street as a public endorsement from that quarter will quickly provide a boost to the crypto world. Kudos, Goldman.

The boldface in the above quote is mine for emphasis.

So long as the poster remembers that not all HODL can afford us a good life, he will be fine. Otherwise, there is bound to be failure meeting up with unnecessary expectations. There are shitcoins everywhere and anyone hodling such shitcoins is only bag hodling.

As for cryptocurrency being mainstream in future, it is a certitude that awaits time. Virtual money and business is already replacing offline businesses. Its just a matter of little time for this to be fully on ground.

Your Royal Tutorship, what makes you think I didn't read the OP? Oh! I get it - It is because my view as expressed didn't align with your thought pattern. Not so surprised anyway for your username already has a hanging conclusion to it, a mindset that is gregarious and antagonistic.

Wit and sarcasm are not that easy to figure out. Kindly learn to spot them, Your Point Is Invalid.

Perhaps the OP doesn't know that mods aren't appointed for fun. They are placed on salary.

Not sure those local boards he mentioned are worth spending salaries on  

This is a nice graphics to really put this thing in perspective. I read a similar stuff where the less than <1btc were referred to as Shrimps - Lol. It's all good. What matters is the vivid pictures both paint in one's mind's eye.

But you should edit each start to +1 where Shrimps becomes 11 - 50BTC, Baby Dolphin = 51 – 100 BTC, etc.


Now that you said it, I dutifully know where to direct my losses to! Thanks for the direction 

OP, you may want to tell your prophet -actually, your naysayer- that such a wishful collapse isn't going to be possible in May. Not even anytime at all will that be possible. Yes, we quite agree that there is always an annual correction on Bitcoin, almost like a yearly ritual. And I believe this 2018 has seen that correction which stretched to almost three months from mid January to April. But speaking of a total collapse? Nay, that isn't going to happen.

Already, the market has started showing signs of recovery. We don't see any doom.