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701  Bitcoin / Bitcoin Discussion / Re: Congrats to the Diamond Hands Bitcoin Holders! on: March 04, 2021, 08:35:25 PM
Congratulations to all the bitcoiners. We are fortunate to know about bitcoin and to step up to new technology. Feeling financially independent is a privilege because we were constant, we did not let go of the wheel and we have driven bitcoin wisely.
I am not the one who owns large amounts of bitcoin, I am one of the minorities and still I feel very happy. Because there is still a lot to discover in the world of bitcoin.
702  Bitcoin / Bitcoin Discussion / Re: I was invited to speak about Bitcoin to financial management college students on: March 04, 2021, 07:29:44 AM
Congratulations! It is a privilege and an honor to be a speaker to speak about bitcoin in a Financial Management class to students. Especially today when bitcoin is playing its important role in global finance.
We are writing history and now that the use of technology breaks the communication barriers by making it virtual, it is more participatory.
Definitely enriching experience and valuable for the rest.
703  Bitcoin / Bitcoin Discussion / Re: The good side of banning btc in Nigeria on: February 27, 2021, 11:40:36 PM
Good observation OP. But not everything would be possible without the Nigerian population plucking up the courage to defend their cause, which they also have the full right to choose. A regulation is an ideal way for the Nigerian crypto community to run their crypto-based activities.

Hopefully a solution will transcend shortly, I am pleased to hear that Nigerian Vice President Yemi Osinbajo has amended his mistake by stating that cryptocurrencies should be regulated and not prohibited.
704  Economy / Economics / Re: Are institutions hedging? on: February 27, 2021, 11:10:28 PM
Big investors are protecting their money from inflation with bitcoin. The price of bitcoin could reach 100K this year as has been said repeatedly.
And destroying bitcoin, I don't think that's the goal of the biggest bitcoin holders.

Rather, large institutions are treasuring bitcoin, there are many projects to be executed taking bitcoin as the center of attention. If anyone has not noticed, we are evolving to a new stage of bitcoin that of consolidation and acceptance around the world.
705  Economy / Economics / Re: Crypto and Artificial Intelligence (AI). on: February 27, 2021, 10:51:04 PM
I think that in the crypto space there are already projects that are working on AI and Blockchain. While looking for information I came across Effect AI that offers its services in structuring data, machine learning training data and more.
It also has its utility token if we want to combine blockchain and crypto.

https://effect.ai

https://www.coingecko.com/en/coins/effect-ai
706  Economy / Economics / Re: Economy after COVID-19 on: February 27, 2021, 10:24:12 PM
The economy will never be the same before Covid19. It deserved a transformation, an evolution to meet current demands. Since everything is a process, certain changes were already being planned. It is what we have realized from the nations that prepared with the creation of their digital currencies backed by their central banks.
China is leading as the country that intends to implement the digital Yuan, which in turn is doing pilot tests in the country. It is said that in a first stage digital money will be offered to commercial banks and then to the public.
707  Economy / Economics / Re: Nigeria’s vice president, Yemi Osinbajo speech at economic summit on Friday on: February 27, 2021, 09:11:22 PM
I found a link that summarizes what was said by Vice President Yemi Osinbajo of Nigeria.
 
There are also opinions from Nigerian users on Twitter who are commenting on it. Among the opinions there is one that is very accurate, such as after banning bitcoin. The same leader of the economic team speaks out against the CBN. I agree there are no clear economic policies. The best thing that could happen to Nigeria is that the economic team learns from the best advisers how to allow bitcoin and cryptocurrencies for the future of its economy.

https://news.bitcoin.com/nigerian-vice-president-yemi-osinbajo-contradicts-central-bank-says-cryptocurrencies-must-regulated-and-not-prohibited/
708  Economy / Economics / Re: Out of Reach on: February 27, 2021, 08:19:23 PM
Looking at it that way you are right. But it was necessary for bitcoin to increase in price due to the demand from large investors. If the situation were different, bitcoin will show the volatility to which we are already accustomed. Now it is different the volatility is lower and more manageable.
Still bitcoin is for everyone not in large chunks but we can still own some of the pie. I just want us to enjoy cheap and fast transactions so that bitcoin is perfect for everyone.
709  Economy / Economics / Re: Visa is getting more interested in Crypto on: February 27, 2021, 06:24:51 PM
Okay. Here we have the Visa US link where we can explore everything that Visa offers to its users to what they call Visa Crypto Solutions.
I am not living in the US but Visa shows a useful and timely solution just as the bitcoin revolution has started with more confidence around the world. It is associated with BlockFi, Circle, Coinbase, Crypto.com, FOLD and xapo.

IMO Visa was obliged to take this step because blockchain and crypto is an innovative technology and it could not be left behind.

https://usa.visa.com/solutions/crypto.html
710  Economy / Economics / Re: The bitter reality on: February 27, 2021, 09:46:13 AM
Sorry OP for the terrible decisions that the government of your country has made to prohibit them from trading bitcoin.
Do not lose heart, stay strong you will win. You could be the first country to adopt bitcoin without intermediaries. Only P2P when acquiring goods and services directly through cryptocurrencies. The Central Bank of Nigeria will regret the damage it is doing to the future of the country. If young people are defending their future because the present has an uncertain perspective.
711  Economy / Economics / Re: Is Bitcoin for “Fake Rich”? on: February 27, 2021, 09:21:39 AM
I don't think so, bitcoiners don't have time for frivolity. We are more aware of how the market works than to be wearing anything that could indicate some type of wealth. Sometimes we are anonymous because we fear the underworld. Although it could be the case but our culture is not to be showy rather sometimes we act in a low profile.
We do not want to make public that we own X bitcoin because we do not have the proper security when we are not really rich to pay for security.
712  Bitcoin / Bitcoin Discussion / Re: Bitcoin being branded as a 'Meme' by Mainstream Media Manipulators on: February 27, 2021, 08:45:33 AM
I think that this news comes from Elon Musk's wave of support for doge and the media uses these elements to spread the news but it should be momentary.
In any case, potential investors will turn to Grayscale for example to make their investments backed by safe and reliable information. Let's also remember that Michael Saylor has been invited in these media and he is a great defender of bitcoin. Maybe we shouldn't worry.
713  Economy / Economics / Re: Rich have too much on: February 27, 2021, 08:15:41 AM
Why do you want the riches of others?
You could get out of poor by developing your skills and working hard.
The richest men of today and of all time were not born in a bed of gold they worked hard to make their dream come true, they persisted and they achieved it.
If you focus on your goals and work hard for it. You would not notice your poverty because you will be rich in ideals to fulfill.
Happiness does not come from wealth, it comes ready to enjoy every day of your life.
714  Economy / Economics / Re: Some Company are holding more than 10000 Bitcoin on: February 27, 2021, 08:01:59 AM
It is clear that large companies are buying bitcoin and other cryptocurrencies to insure their capital from inflation. Also of the banking system that is obsolete, it is the beginning because traditional finance will migrate to digital and decentralized finance from cryptocurrencies.
Perhaps you will be as proud as I was to have discovered bitcoin and cryptocurrencies because we are ahead of the future.
715  Economy / Economics / Re: Citi Can’t Have Its $900 Million Back on: February 26, 2021, 11:39:39 PM
Quote
DFREY5: How was work today honey? It was ok, except I accidentally sent $ 900mm out to people who weren’t supposed to have it

DFREY5: Downside of work from home. maybe the dog hit the keyboard
  Undecided

This argument seems so silly to me. How can it be possible? It is total negligence. A job as delicate as handling money and requiring maximum concentration can be done anywhere and blaming the dog is nonsense. I think a forensic investigation is needed. Banks show every day that they need urgent reform and must act as soon as possible because they will be displaced by cryptocurrencies.
716  Economy / Economics / Re: Could Bitcoin Smash Socialism in Venezuela? on: February 26, 2021, 11:10:13 PM
Frankly, bitcoin and cryptocurrencies can stimulate Venezuela's depressed economy.
Fortunately, they have not been banned in the country and I believe that the population will have the opportunity to adapt it little by little. Because they will realize that cryptocurrencies is a valuable way out of the crisis.
The disadvantages of Venezuelans is that they have a very poor telephone and internet infrastructure due to poor government management and blockades. The country has dramatically decreased its production, both domestic and export production.
Now if cryptocurrencies come into play on a large scale this is an opportunity for Venezuelans to improve their economic situation.

Thank you, Hydrogen for being interested in the problems of Venezuela.
717  Economy / Economics / Re: Facebook agrees to makes payments to Australia on: February 26, 2021, 10:07:59 PM
I agree to the passage of the new Australian media law.
I don't understand why internet giants like Facebook and Google refuse.
News work is very valuable to everyone. It is the journalistic effort of men and women who are sometimes anonymous heroes and sincerely for me it is priceless, it is invaluable.
I think that Facebook and Google who have made money because they offered us a useful and revolutionary product for that time should consider their position.
In this time of pandemic, it made us reveal some realities that were about to explode and one of them is how difficult it is to sustain the digital news media.

https://www.google.com/amp/s/www.cnet.com/google-amp/news/australia-passes-law-forcing-google-and-facebook-to-pay-news-publications/



718  Economy / Economics / Re: COIN PRICES CRASHING!!! SELL BITCOIN NOW!!!! on: February 25, 2021, 10:21:24 PM
If anyone wants to sell their bitcoin now. It's silly. Don't panic MicroStategy and Michael Saylor has an important purpose for the future of bitcoin. Recently the firm has bought ~ 19,452 bitcoins. As long as the negative thought of a price drop could occur, such a thing will not happen because the big investors are buying more bitcoin. This is a good sign, if you don't want to miss out on this new stage of bitcoin. Don't sell it.

Quote
MicroStrategy has purchased an additional ~ 19,452 bitcoins for ~ $ 1,026 billion in cash at an average price of ~ $ 52,765 per #bitcoin. As of 2/24/2021, we #hodl ~ 90,531 bitcoins acquired for ~ $ 2,171 billion at an average price of ~ $ 23,985 per bitcoin. $MSTR

https://twitter.com/michael_saylor/status/1364561973363490817?s=19
719  Economy / Economics / Re: which will u choose to buy on: February 22, 2021, 11:53:19 PM
Guys, after reading some of your comments I have realized that we have moved away from vanity by discovering bitcoin. Now it interests us as a first instance and how to generate more productive profits with the digital asset that is revolutionizing the way of handling money.

I think that we contribute more economically and socially if we buy bitcoin and any altcoins because possibly that with that investment we could generate profits to buy 2 Ferraris.
720  Economy / Economics / Re: Big test for Bitcoin during the next Economic Collapse. on: February 22, 2021, 01:14:48 PM
Mr. Satoshi created Bitcoin with the future in mind. He was very ingenious without a doubt and he has left us a great contribution to humanity. Now the most notable men of science and technology have joined his philosophy to continue defending our ideals and what can be the solution of the global economy. We have opened our eyes and we have realized that centralization has so much power that it manipulates us. With bitcoin we are free because it gives us the power to choose thanks to decentralization. In addition to the magnificent creation of bitcoin there are the other coins that is a family.

Some may not agree with me, but without altcoins, cryptocurrencies would be difficult to acquire for some.
Today cryptocurrencies are accessible to everyone at least for those where their countries have banned bitcoin.
I think that bitcoin will be acquired by more institutions as a store of value and for daily transactions the altcois will be of greater use is my point of view based on my own experience.
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