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I understand the logic that without Swift, Russia would get closer to China, but that's the worst thing which could ever happen.
Russia is a dying country, whereas China is a high growth country. You just need to walk in St Petersburg, where everything is old and rotten. You won't see anything new, whereas in Shanghai, there are hundreds of shiny new skyscrappers, new electric buses, all the people have the latest smartphones, there are huge billboard screens everywhere, malls brighter than a Las Vegas casino...
Between China and BTC, Russians would be wiser to choose crypto.
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It's only logical.
All stocks, the whole market is down. War brings so many uncertainties. When you don't know what's going to happen tomorrow, you don't want to invest, you don't want to trade. You just sit, and wait until you see what's ahead.
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Russia has been working on legalizing bitcoin for the last couple of weeks. They definitely knew what they were doing.
Sure, bitcoin cannot be banned but let's say the U.S and the EU decide to ban bitcoin just because Russia is using it to avoid their sanctions (or at least use that as an excuse), what do you think would happen then (if we're talking about the price)?
We've been hearing for years that BTC was used to finance terrorists, Russia may bring some more regulations, but I'm not expecting them to have an effect on price. |
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I'm reading many articles explaining that Russia shall be cut off from the SWIFT global interbank payments system, as a sanction in response to its invasion of Ukraine. That means it would be impossible to make bank transfers between Russia and most other countries.
I see this as an absolutely fantastic opportunity for BTC.
If you can"t use banks, just use BTC and be happy.
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I've always thought of BTC as a way to protect your assets against the evil state, this is the real test. Hadn't expected this to come in Canada, though.
I hope those who had their BTC addresses listed will be smart enough to avoid getting busted. I'm sure they'll find help on the other side of the border. I'd be willing to help them, but I'm in Europe.
This just shows the future belongs to P2P decentralized exchanges, with cash-in-person transactions. Also, you've read it countless times, but it needs to be told again and again: keeping your coins at an exchange is not safe.
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10. Expected return should be more than 10% per year, including all the associated fees.
Forget it. You won't get 10% net ROI anywhere. Besides, property investments are for guys with deep pockets. |
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Fiverr has it, right? I mean thats what matters. As long as fiverr has it, then it is going to be used in the freelance work and you can pay however you want. I remember that you couldn't withdraw bitcoin, but you could pay with bitcoin, thats what they had at the time. Fiverr is bigger than most of them combined. Obviously nothing is a "fiverr" anymore due to inflation and increasing demand for higher pay, which is %100 understandable. However, the idea of fiverr was to get something done for cheap, nowadays you can see few thousand dollars worth of work there, its no longer a fiverr deal, its just straight up freelancer deal, so its no longer "micro" as you require.
Correction, it' not longer possible. Yes, it was possible to pay at Fiverr with BTC but they stopped accepting this payment method at least 2 years ago. They said too few people were using it. |
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Anyone in electronic for 43 years knows real progress, development and investments has been with capacitors, with market exploding to over half a million types. Batteries on the other hand is dying tech and has not managed to grow beyond some hundred types.
Capacitors is heart and soul of electronics, batteries is in the realms of consumer gadgetry. Batteries is kind of a embarrassment for real electronic guys.
Don't care what you think, i know how very well how much time wasted with detours and hanging on a cable when trying to get something done.
Yeah. Anyone in electronics for A MONTH knows batteries and capacitors are the same thing. A battery is just a very big capacitor. Also, anyone in electronics knows "progress" is not measured by the number of new technologies found, but by the quality of the technologies. BTW, capacitors are not the heart of electronics: semiconductors are. No, sir. Batteries and capacitors are different tech. Also, for any given quantity of energy, a capacitor will always be much bigger, and heavier, than a battery. |
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I'm not worrying much about inflation because interest rates remain very low.
If you want to buy a house in France or Germany, it's still possible to get a 15-year loan below 2%.
This has to change!
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I believe Gavin Andresen is a smart guy, but let's get real. I don't know anyone who can make a valid prediction about BTC in 2022. So making predictions about what's going to happen in 40 years is just crazy. It would be more useful trying to make predictions about the risks BTC is going to face in the next few years.
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Ukraine is a poor country, with a cheap currency (and getting cheaper). Largest banknote is worth less than 20€.
When you buy a house, sellers most often request to be paid in $.
Considering quite many Ukrainians are smart guys when it comes to computing, I guess it just makes economic sense. The government hopes some kids will start some blockchain business and bring much needed economic growth.
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Note that Bunq isn't free anymore. Their cheapest package is now 3€/month.
Bankera asks you to tell them your TIN right after you've sent a picture of your passport. It's really getting worse and worse...
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So who wants to buy BTC in Podgorica?
I'm selling.
No BS. Cash in person only, I suggest we meet in Delta City, you will give me € banknotes, I will give you Bitcoin.
Same day transaction possible, if request made before 2PM. Contact via MP only.
From 0.01 BTC with 6% fee, negotiable with higher amounts.
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Funny! I gave up the idea of home mining in 2015, or maybe before that.
There are people who invest millions in mining. I sure can invest thousands, but as rule of thumb, I don't want to compete with guys who are one thousand times more powerful than I am.
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I wonder if the person who launched that project had any experience with BTC, because I really can't see how they could ban "anonymous crypto asset wallets"... Anyway, if this goes through, and that's a big if, it's a fantastic opportunity for Switzerland and some other neighboring countries.
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What can the ECB do?
That's the question which needs an answer. So they're launching a "project to investigate the potential of a digital euro", and that's fine, but do they have the right to go further? When the ECB was created, I doubt there was anything in its mandate allowing it to create a digital currency. I guess it would require all eurozone members to agree on the project with the same terms and without conditions. I'm not expecting that anytime soon.
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Actually I can't believe inflation data that provided by government of my country. In my country, if I am not wrong the inflation is not 2% but 3% and even experts said that the inflation is 5% few years ago. I didn't check the inflation update yet but I hope the percentage is decrease. Inflation is my biggest reason to invest in bitcoin and other cryptocurrencies, I just want to safe my wealth. For me inflation is little bit like a silent killer.
There's truth in that. Official numbers, be it level of employment or inflation, is quite often below reality. |
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You don't know what you're talking about in your title OP, it's going to eventually subside, it's just that at this point we just can't see it so we think that there's no end to it. There's a lot of hyperinflation throughout history and all of them seem to subside in time and the country that was affected did recovered from the damage.
I do, and you don't. My title is a citation. |
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