As in the opening post governments can take any kind of decision to stop people from using bitcoin. Governments always want to keep the people within control, and being digital lets government have easier access in keeping everything under control. But, for some reason governments weren't able to keep bitcoin same as gold or other assets.
However, the government will always act to be a regulator and who wants centralization. After all, only governments really want the current centralized financial system, even though crypto is developing, it is still regulated and thwarted by old-minded governments. Not all countries will accept BTC even now they are still raising the issue of CBDC as a crypto coin competitor. |
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Bitcoin experienced many ups and down, its popularity and acceptance didn't happen over night,
there are many issues, concern and detractor encountered before BTC reaches its current state,
I do believe, there are many amazing features BTC ahead.
bitcoin clearly has extraordinary features going forward, because we can see from the beginning that bitcoin's journey initially appeared to only crawl, then bitcoin learned to stand, and now we can see for ourselves bitcoin can walk and even run, even though many are challenging, but bitcoin continues running, bitcoin has had a positive impact on us, and it can be said that bitcoin has a bright future, and some countries will consider bitcoin as a digital currency. Talking about the possibility of BTC and its future is our presumption and prediction based on experience and historical data, but there is one thing that we sometimes forget to predict something, namely future risks and necessary mitigations, so that by writing everything down then it becomes a perfect whole. BTC will have a good future if you see its development but there is one risk that cannot be avoided and is often called systemic risk. |
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Sekitar 2 minggu yang lalu ane tiba-tiba menerima email dari Binance terkait kode verifikasi aktivitas login. Ane memang selama ini tidak begitu hati hati dalam menjaga akun yang ane miliki walaupun percaya adanya hacker, namun ane berpikir masa sih yang nominalnya di Binance hanya sedikit juga ikut kena hack, ane bukan trader dengan kantong gede masa jadi sasaran. Tetapi saat email itu masuk ane sangat kaget, awalnya ibu ane yang menerima telfon dengan kode negara bukan +62, lalu muncul verifikasi login wa dan tampilan layar hp ibu ane gelap, beberapa hari kemudian ane yang menerima email dari Binance namun untungnya akun yang dituju akun Binance lama ane, jujur sampe sekarang ane bingung harus apa jika terjadi hal demikian lagi.
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I don't understand this picture and I'm a financial advisor. What are you are trying to portray here really don't make sense in my opinion. Also to state that keeping your money in cryptocurrency is better than keeping your money in the bank is an irresponsible statement. You need to remember not everyone is in the same position financially and many people simply can't risk the potential losses that highly volatile cryptocurrency exposes you to. I agree that it's smart to have a good percentage of your portfolio in cryptocurrency, but that also completely depends on your situation, and that may not be possible. It amazes me how many people seems to forget these basics.
Storing money in crypto is better than keeping it in fiat depends on one's position of financial freedom and I agree with that. When we say that because we already have a definite income every month it makes sense, but there are many people whose financial conditions are different. It's difficult to save, let alone convert it into high-risk crypto. A person's ability to take risks depends on his financial readiness. Bullshit can take a risk if eating for tomorrow is still limited. |
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As far as I know the club cannot force a player to stay. That is, if there is a better offer for the player and the player wants it, then the club must respect the decision made by the player and cannot hold back. Unless, the club can fulfill or agree to the request of the player then that will not be a problem either. But yes, Kane has to move anyway if he wants the title because it's time for Kane to get that chance.
Kane has to make decision because he is at golden time of his career. Kane reminds me about Gabriel Batistuta who spent his golden time in Fiorentina. He had to leave Fio, not like Kane, to AS Roma. He did not want to leave Fiorentina but that club need money to solve their financial crisis. Fortunately, Batistuta won his only Scudetto with AS Roma. I can not forget that Batistuta cried when he scored goal against Fiorentina. Kane, if want titles, must leave Spurs and it is what he told to Levy, the Spurs' President. Let's see how his request will be completed in next 2 months. I also feel Kane should leave his current club immediately, however it is difficult to let Kane go but his golden age will soon end if he continues to stay. His club even continues to charge a very high price for releasing Kane so that other clubs who have a heart for him are difficult to make decisions, especially in the midst of a pandemic like this every club has their own financial problems but Kane must immediately leave his current zone to increase motivation in the future. the best. |
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I don't think that was a bad idea, because as long as I know in the police institution which is responsible for applying the policy about mitigation, controlling, education and literation, until cases handling. They have their own standard operating procedure that should be applied such as handling of evidence. The main topic of this news is about the destruction of evidence of a criminal case of theft of electricity in BTC mining. We understand that this is a criminal case, no one can defend their criminal case but when we talk about the evidence, whether the police destroy the evidence and that was right or this is just a political issue? In my point of view, this is just the way to educate society not to do the same thing, and if it is allowed to be auctioned, then it will cause a new problem.
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Their plans to create a CBDC have been around for a long time, even my developing country is already preparing for the realization of the CBDC, I read on the official Instagram of my country's central bank that they are in the research stage and it will take quite a long time. Implicitly they did create CBDC as a form of their awareness of the development of BTC so that this will be a comparison asset for BTC that already existed before.
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When it comes to corruption, my country is also the most corrupt country in Asia. My country also has an application for reporting acts of corruption but it is not effective because this corruption is rooted and quickly spreads so based on the results of discussions with my friends, the most effective way to overcome corruption is to ban the top 3 generations from leading, and they must be eliminated. Because the seeds of corruption are like a virus that spreads and nothing can overcome and prevent corruption that has taken root.
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Regardless, the price of BTCs will always depend upon the amount of people willing to purchase it at a given price. That is why, I do not see it happening from the near future that BTCs will not be able to be converted to fiat as people would always find ways of purchasing it for investment.
I also think the same thing, for me when BTC is still trusted by many people even though the bank does not legalize the conversion of BTC to fiat, people can still make the transaction. When basic needs such as bread are prohibited by the government from being exchanged for fiat, will people change their basic needs? not. As long as the bread is still liked by some people, even though they will secretly trade on the bread. peer to peer is an alternative for people who still love BTC, only gambling which is clearly illegal can still operate, why can't BTC? |
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I would also NOT conclude that all members in the forum have equally good ideas (or bad) ideas, because it seems to me that some people have better ideas than others whether they understand the facts better, have better logic or just put the matters together better (maybe some peeps have better or worse english skills, too), and I am not even claiming myself to have superiority in a lot of aspects.. because I am also attempting to learn as I go.. too - perhaps beyond willingness to debate matters and to spout out various ideas that I have from time to time.
Yes I also think so, maybe my previous analogy is too much but I want to specialize my previous comment that what I say is on the analysis of Saylor's company management or the management decisions taken by the CEO of MSTR. If we judge what he decides or what will happen to his position if this or if and think it's wrong, it's legitimate, but are we not too brave because what we judge is an experienced CEO not just an ordinary person I'm sure there are friends here who have even known BTC longer than Saylor, and it's only natural to comment on the MSTR CEO's policy to be correlated with BTC development, and that's something I support so that in the future we can give each other an idea of what potential BTC will have in the future. After all, the progress of BTC will represent the entire crypto market because we all know the proportion of BTC's market cap in the market. |
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Seems to me that all publicly traded companies are NOT equal, so there are some devils in the details regarding design of shares....Could get yourself into trouble if you make predictions based on facts that might apply in some other company situation, but those same facts may well not be present in the Saylor / MSTR situation. There have already several posts on this same point in this thread and perhaps some other threads.. including some of some of Fillippone's posts that likely need not be repeated for some peeps who choose not to read or attempt to study and understand actual facts on the ground (could I be wrong.. and MSTR is just some random publicly company in which Saylor is just some random CEO, perhaps perhaps.. I doubt it.... I am not even saying that some traditional financial forces or even government forces.. or some minority shareholders (purely trying to stir shit) might not want to make an example out of him.... and bring up bogus criminal/civil charges.. or some other nonsense that Saylor becomes unable to defend,... but we do not currently have those kinds of facts in front of us so seems way too premature to be presuming those kinds of outlier scenarios, yet).
I think we are too bold to be a CEO of a big company on the policies that have been done. I don't think any of us are better than Saylor either because if we were better I guess we wouldn't be so busy talking about it in this thread. We are just like football fans who think we know best what players should do even though we don't play professional football. So far, Saylor is whales who are quite stable in all of his statements, but as players, we still have to have our own strategy for bad things that happen. Risk mitigation is definitely owned by a Saylor, and it can't be denied. |
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I am a little surprised why the government that makes regulations is so fickle in making decisions. This bank will accept, tomorrow there will be a bank that prohibits it. What do they actually see in crypto? I consider that this is just a conflict of interest even though BTC is very worthy of being supported, especially regarding providing benefits to everyone. There is no harm in this implementation other than the threat of the existence of the central bank.
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That is an example of the advantages of BTC, when fiat has been contaminated by hyperinflation then the solution is only a currency that is free from inflation. If the government is keen to see this opportunity on the basis of improving the economy in a country that has been reported to be bankrupt then there should be no ban on BTC in every country. I feel very enthusiastic about this advantage and with this evidence it strengthens my belief that BTC is an incredibly up to date asset.
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yes I agree with you, but in my opinion bitcoin is a store of value. Store of value itself is something that does not depreciate over time. Usually this medium store of value is rare and cannot be easily devalued. This is what causes Bitcoin to be categorized as a store of value. The best thing you can do with bitcoins is store them so you can protect yourself from inflation. Even though bitcoin is volatile, if it is withdrawn over a longer period of time (logarithmic chart), the value of bitcoin has remained or even increased drastically in the last 10 years.
BTC does have the function of storing value, even other functions such as speculation and transactions. That is the basis of BTC being considered a currency, but what continues to be a problem today is the uniqueness of this currency which lies in a decentralized system and makes economists bothered especially those who are very pro-banking concepts. If all countries support BTC then their fiat will not sell in society, and people's current wealth will be converted to BTC, won't that disturb many people who are already in their comfort zone. |
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For trading, you can use any good pairs but none I can recommend.
When you are trading, I think that coin who is suitable for trading is the hype coin. That means when you are guess the coin is potential to be hype, you should have to own it then you can sell for several times later. Based on what kind the trader you are, are you trader for minutes term, hours term, daily term, even weekly term. |
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There are some millionaires who secretly invest into Bitcoin for profit. They just don't want to disclose it publicly in order to avoid problems with banks. After all, millionaires store most of their wealth in Fiat through a bank of their choice. I'm sure the number of millionaires will increase over time as Bitcoin becomes more popular. The new generation will embrace crypto/Blockchain tech, while the old generation will be left behind in the dust. Figures like Warren Buffet and Donald Trump are part of the old generation. It doesn't matter what a person says against Bitcoin, as long as it stays decentralized. With how Bitcoin has progressed since its inception, I'd say that it'll be here to stay for a very long time. Just my thoughts  Yup, the proof of this statement can be seen in the whales alert. Everyday and every minutes we can see the transaction. Thousand of BTC is transfered from one address to another address. They move silently to avoid bubble price in market. Millioners are some people who really aware how the development of investment. BTC is one unique asset which really need to be have. |
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I agree with you that the government can't stop people who believe in future money from happening right now in the present.
But We should underlined this words, the government can't stop who believe but can make some regulations which is a restriction. People who believe in future money can still use their choice if the amount of people is large and they can make a massive movement to spread the freedom of financial system with BTC.. |
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If you compared between war and investing, they are totally different. It's not comparable, war is a risk that is very visible in its impact. Investing is a step to financial freedom, so the risks cannot be seen with simple logic. You must learn risk management to measure the risk of investing. War and investment is not an apple to apple comparison. Your logic is slightly wrong comparing the two.
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My country is a poverty line country.. most of the people here living from hands to mounth. But my country situations very much bad affecting corona pandemic. We worstly affected by COVID-19 and today we all passing days with lockdown and and shout down. ...
Of course, this has also happened to many countries in the world because this pandemic has disrupted the global economy. the government implemented a lockdown for the safety of many people, even though the policy was opposed by many. I'm sure you live in a place with a high risk of transmission, therefore the government there implements a lockdown. In my country, the way to avoid spreading the pandemic there is no solution. The government apply the policy which forbid their society activity but cant guarantee their society basic needs. In the other words, this policy is same like lockdown but with no budget, another countries that implemented lockdown will give basic needs to their society but in my country is nothing. For several day later, I guess that the condition of my country will be chaos because the sick people, they treat to be happy but the health people, they make to be crazy because of starving. |
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Investing is not that easy to do but your advice is very good but what about a student, how can one save when sometimes the money one has might not be sufficient to spend especially buying textbooks and taking care of oneself. I really need to know cause saving could help getting into business after my graduation but it's very hard for me.
Indeed for a student starting an investment is not easy, especially if the student was born in a poor or developing country where the opportunity to earn an income is not as big as the opportunity in rich countries, you can start to build a mindset as described by the OP in first page that investment is sacrifice, and must start by saving whatever your income. What also must be remembered when investing is that the main needs must have been met, and only use the allocated funds for something that is not too important. Yup, thats really hard because I felt the feeling and pass the situation is just a part of lucky. In the develop country espesially for village area, a student has their own income is seldom to be found. Financial management and portofolio investment is just for them who have much money and good education experience. For parent who dont understand how important education is, then their children can't get information for investment and how to make their saving become passive income. |
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