One advantage of those who are rich is the domino effect which is likely to occur when they declare hot things.  I really believe that Pliego's statement will make many other rich people start to be interested in Bitcoin.  it is very likely that Bitcoin will pass $ 20k before the end of the year, this is really beautiful news..

For Venezuela I think the sanctions will end soon if it is in Biden's hands. for some reason, it is clear that Biden's diplomatic style is a little different from Trump's. Then Iran was also not free from US sanctions when Trump became president. for the two countries as if it is a breath of fresh air so that they can be partners again. yes the system that will be carried out by Biden will not be far from the system that has been implemented by Obama.

If we start there — and use the same wage series and inflation adjustment as before — we find that wages have grown by 20%. While that is slow compared with the gains enjoyed by the top 1%, it is a significant increase in purchasing power.

The new vaccine by Pfizer and biontech looks really promising. With a 90% immunity it could really be the breakthrough we desperately need. The government already ordered 100 million doses of the vaccine and with grown people needing 2 shots it would mean that around 65-70% of the population could be vaccined. The only thing I am scared of is the side effects, there is not much information available yet.

It will be foolish to shut down the economy now, when the pandemic is retreating. Most of the pharma companies have also announced that the vaccines will be available in the market from next month onwards. And also, from what we have seen lockdowns have only a limited impact in reducing the number of deaths from COVID 19. Countries which refused to impose any sort of lockdowns were the first to recover (examples are Pakistan and African nations).

Yes. There are plenty of places to buy Bitcoins. You can purchase from exchanges such as Binance/Huobi, peer-to-peer platforms such as Localbitcoins/Bisq or even from Bitcoin ATMs. But while these options may sound familiar for us, for the vast majority of the people out there, these options are complicated. They don't trust unregulated exchanges such as Binance. However, they would be ready to put their trust in PayPal, which is regulated and operating for more than two decades.

I am quite sure that Biden is a very disastrous choice. Trump lowered the tax rates and this helped the economy in a big way. Now this oldie wants to raise the taxes and undo whatever positive happened to the US economy for the last 4 years. Then he want to ban most of the fracking activity, so that the crude oil prices will rise and his Arab friends will get the benefit. He wants to remove all the restrictions on trade with China. These are the issues that are going to have an impact in a major way. Any impact from the lockdown may be temporary. 

Why will Biden face China or try to stop them? If the vaccines are curing patients with covid-19, why will it be stopped if the world is being healed.

It is also possible that Bidden didn't win:

https://twitter.com/realDonaldTrump/status/1326926226888544256


Also few states will recount votes and exclude votes without proof of identity.
https://www.breitbart.com/politics/2020/11/12/fitton-2020-election-update/

USA need new thing to back up USA dollar.

Oil is taken by OPEC all Ready so USA have no power over oil anymore!

Now USA Can only go to in war but other countries will crush USA quick like tomato.

Here is the options for USA :


Start production,  First problem competation with China!!  No cheap Labour!!

Produce alot medications,  First problem Same like oil world reserves can be filled up fast and no actual need for medications such us covid vaccasines.

Start illegal drug business... Well this one can be Easy as USA army can Take over Columbia Mexico and peru Easy with one week.
Where to sell?  Well in Europe, uk,  and Canada.
Drug import export is possible and doeble only problem is how they clean the money if they can figure out this this is best option for them

More options?  I think there is not many


Aa there is one more use the Foreign diplomatic connections and make small conflcits Around the World like small wars and sell weapons to them.

Or make any Kind of problem in the world that world need to pay to USA and only USA can solve that.... Perhaps make more conflits in Europe that USA Will need to provide Protection racketeerimg Protection service.

Make USA cyber Security so whole world Will Buy Protection from FBI and USA Kind of cyber Security....


Allright not so many ideas... I think those are most possible ways to keep dollar demand strong enought.



But the biggrest money maker for USA can be only the oil and drugs.

Weapons not so much becouse even the armenian latest conflict dont Bring so much profit the weapons are not that expensive.


To Underwood world we all need to think logically it Helps

The corona vaccine could maybe be traded as a commodity, but I don't think it will last for very long. Because many companies around the world should go into mass production. Also the denomination shouldn't be in USD because the vaccine is going to be produced everywhere. Biontech for example is a German company, so their cost is likely going to be in EUR. Pfizer is an international companies with laboratories all around the world.

Loan = good = happy is a terrible equation. The truth is more like loan = evil = sad.

As a matter of fact, loans are more or less a trap. Banks and other lending entities have been playing the role of loan sharks in the past decades. They've made enormous amounts of money out of borrowers. They've acquired assets from those who defaulted.

Middle income families are better off avoiding loans. I've personally witnessed families who are trapped in debts that they end up paying them all throughout their lives.

We see that despite rising market price the share of the Bitcoin investment is surprisingly not increasing the percentage of the company that can be considered "bitcoin".
Since their last investment, not to overcomplicate the analysis, bitcoin is up 53% (up 16,200 from 10,600), while the share price is up only 37% (195 USD from 145).
I think that, going further, if BTC bull run continues, the market capitalisation will  better track the BTC price, as the "bitcoin investment" part of the firm will overwhelm the "business part", being ultimately the only factor to be priced in.

They are still in testing phase and that is the reason why they haven't enabled withdrawals or payments. The news is that they will offer full fledged services from mid-2021 and then you will be able to transact your coins. I expect the withdrawal and transaction fee to be roughly in line with what we have with various cryptocurrency exchanges. Right now, it is just buying and holding.

Oh damn. Here's me using bitcoin as a currency on almost a daily basis, but just finding out it's not useful as a currency! Why do you say it is not useful as a currency? I can spend it for goods and services with better privacy, faster finality, more security, and lower fees, than I can with credit cards or PayPal. Just because there is not widespread adoption yet does not make it a bad currency.

Indeed, here in France universities are public and costs are very low. Students pay almost nothing, but even for the state the costs aren't major, just a bit higher than high school, basically. So about 5000€/year.

Private schools (mostly commerce schools) charge something like 7000€/year and people find that expensive already.

The prices in the US are totally ridiculous.

However I think for "uneducated people" they can get a high school diploma, then go to a community college, in the US, no ?

Today Bitcoin is seen as a great asset to store assets and never fear inflation. This is probably the most obvious proof that Bitcoin is reducing inflation,  you can refer here: https://news.bitcoin.com/bitcoin-halving-inflation-rate-central-banks/

As my mother taught in a very large university here in Los Angeles, I don't think many of you understand that it was the government's hand in the education system that made it so unaffordable. The government made the whole loan system and colleges saw they could keep increasing tuition costs as long as loans allowed kids to pursue education at the expense of massive debt. College is essentially a talking, writing and reading endeavor. There are no real material costs considering the availability of online "print" - the "textbook" only costs whatever the publisher/author are willing to sell it at for rights as there's so little cost with an eBook.

The major cost of "higher levels of learning" is the whole advertising the schools do, their sports program and the whole prestige aspect. If you took all that nonsense away, a professor making $150K/year could take a year off of some real world work to teach a class of 30 students (let's assume the students don't change for simplicity). That equals $5k/yr per student. Figure at most $1k for books and if it's a science based class another $1k for materials. USC and Harvard charging $60K/yr - there's some real cheating going on and it's not the students. The whole system is a scam.

We should just go back to trade schools and apprenticeships for the masses. Spending $250K in 4 years while putting out no product only to make an extra $10K/yr over 25 years - what are these people expecting?

Biden will only increase that teacher pay to even higher levels - paid for by taxpayers.

No one really knows or expects that the pandemic would come in our lives, that is why the government wasn't ready on how to solve this kind of huge problem in their country. We shouldn't also blame everything to our government even they make wrong decisions because it isn't easy to lead a country, and we still have the rights to follow them to avoid spreading the virus.

Having a vaccine is really the only solution to defeat or cure the virus, but making a vaccine or a cure for the virus is a long time progress just to provide every citizens all over the world.

So what do you think that a country should do, i am not a fan of the ruling party of China but i am impressed by their development and growth and how it is challenging many other countries and for the people development is necessary and if they think that the government can provide and they are happy with it, then what is the issue.