Maybe start by explaining that bitcoin is a digital currency that exists only online. Tell them about its decentralized nature where no single entity controls it. Discuss its benefits such as fast and low-cost transactions. Explain the concept of mining, where computers solve complex mathematical problems to validate and secure bitcoin transactions. Encourage them to explore educational resources and websites designed for kids to further their understanding.

We are seeing similar in Greece, Rhodes & Corfu. It’s terrible really, let’s hope for absolute minimum civilian injuries/deaths.

https://news.sky.com/story/amp/pictures-show-the-terror-of-wildfires-in-greece-rhodes-and-corfu-the-sky-turned-dark-12926480

I think people have lost a lot of trust in their governments. Whether it’s because of the much debated corona lockdowns, semi forced vaccination, soaring inflation etc people have lost trust. I think there is a fear amongst people that the worst will happen. Most of us lived through 2008 so we’ve been burnt before too. I am hopeful we will avoid high unemployment & subsequent recession but only with time will it be confirmed either way.

It’s a really tough call to make, a painful one too if it’s your own business. It's crucial to evaluate the financial health, market conditions, and potential for improvement. If the business consistently fails to generate profit despite efforts to turn it around, a realistic timeframe could be maybe 1-2 years. However, seeking professional advice and considering the long-term viability of the business is essential before making a final decision.

It totally depends on your financial situation, long-term plans, and even local housing market conditions. Buying provides potential equity growth and stability, while renting offers flexibility and avoids property risks. Consider your circumstances and consult with experts to make an informed decision that aligns with your goals.

There are a lot of guys in mainland Europe who say life was better before the € when they used their own currencies. I know that it was much better to go on holiday in Europe to get a lot more local currency for my $.
The € has ruined economies, I don’t know if it’s practical or would ever happen but to revert to their own currencies & abolish the € would be great.

I saw the film 10 Cloverfield Land, if anybody has seen it you will have some ideas. To store food for an emergency, focus on non-perishable items with long shelf lives such as canned goods, dried fruits, nuts, and grains.

Go for foods that require minimal preparation and have high nutritional value. Store them in a cool, dry place away from direct sunlight. Rotate your stock regularly to ensure freshness. Consider vacuum sealed packaging or using food grade storage containers to extend shelf life. Store a shit tonne of clean water and include a manual can opener in your emergency supply kit.

Creating a prosperous business is tough, so many try & fail. It requires careful planning and execution. Start by identifying a profitable niche and conducting market research to understand your target audience's needs and preferences.

Think about how to develop a solid business plan that outlines your goals, strategies, and financial projections. Build a strong team with skilled and motivated employees who share your vision.

Focus on delivering exceptional products or services and continuously seek feedback to improve. Invest in marketing and advertising to create brand awareness and attract customers. Maintain a strong financial management system and adapt to changing market trends. Finally, nurture customer relationships and strive for continuous innovation to ensure long-term success.

Long term, for UK bitcoin investors it’s a good thing that regulation is coming. I believe in the UK though that there is 0% tax on gambling winnings so bitcoin investors residing in the UK may have actually been happy (short term) for bitcoin to be classified as gambling because there would be 0% tax then. Either way though the UK is allowing innovation unlike the SEC’s attitude in the US.

To protect your savings from inflation, diversify your investments Think about allocating funds into a mix of assets such as stocks, bonds, real estate, crypto & commodities. Investing in inflation-protected securities like Treasury Inflation-Protected Securities (TIPS) can be beneficial.

Try to regularly review and adjust your portfolio to ensure it aligns with your financial goals. Additionally, consider investing in international markets and currencies to spread risk. Importantly maintain an emergency fund and stay informed about economic trends and monetary policies to make informed investment decisions.

I believe this to be the case too, I keep seeing maps of 35C or hotter in various nations in Europe but I know people who live in these places & they say it isn’t that hot. It’s just a normal summer, I think governments are using climate crisis as an excuse to tax & control us more.

It’s funny how these politicians & leaders who push climate change use private jets to travel. A private jet doing one moderate length flight uses more CO2 than the average guy does driving a car in his whole life.

I will not be modifying any of my habits. It’s the middle of summer where I live, it’s 17C & raining. Climate change is a lie. 

If someone owes you money and is not repaying it, there are some steps you can take:

Communicate: Start by reaching out to the person and kindly remind them about the debt. Give them an opportunity to explain any reasons for the delay in repayment.

Set clear expectations: If the person acknowledges the debt and agrees to repay, establish a clear repayment plan. Discuss the repayment schedule, including dates and amounts, and ensure both parties are in agreement.

Put it in writing: To make the agreement more formal and legally binding, consider drafting a written agreement or promissory note that outlines the terms of repayment. This can help protect your interests and provide evidence if legal action becomes necessary.

Be persistent: If the person fails to repay as agreed, follow up with polite reminders. Keep a record of all communication and documentation related to the debt.

Mediation or arbitration: If the debt remains unpaid and the relationship is becoming strained, you could suggest involving a neutral third party, such as a mediator or arbitrator, to help facilitate a resolution. This can be a more amicable way to address the issue and find a solution that works for both parties.

Legal action: As a last resort, you may need to consider taking legal action. Consult with an attorney to understand your rights and options for pursuing legal remedies, such as filing a lawsuit or pursuing debt collection procedures.

Remember, each situation is unique, and the best course of action may vary depending on the amount owed, the relationship with the person, and your own comfort level with pursuing legal action.

The amount needed to retire varies greatly depending on individual circumstances, such as desired lifestyle, location, and healthcare needs. Financial advisors often suggest aiming for a retirement savings goal of 10 to 12 times your annual income. This would allow for a comfortable retirement with a similar standard of living.

To determine a more accurate estimate, it is recommended to consider factors such as anticipated expenses, inflation, investment returns, and potential sources of retirement income (such as pensions or social security). Consulting with a financial advisor can help in creating a personalized retirement plan.

Bitcoin has immense potential as a decentralized digital currency. Its underlying technology, blockchain, ensures transparency, security, and immutability. Bitcoin's limited supply and decentralized nature make it resistant to inflation and government interference. Additionally, its borderless nature enables seamless and fast cross-border transactions without the need for intermediaries. Bitcoin also serves as a store of value and an alternative investment option. However, challenges such as scalability, regulatory concerns, and price volatility must be addressed for wider adoption. Despite these challenges, the potential of bitcoin lies in its ability to revolutionize traditional financial systems and empower individuals with financial sovereignty.

Yes, politics is every citizen's business in a democratic society. It affects our lives, rights, and the direction of our communities and countries. Being informed about political issues and participating in the democratic process through voting and engagement is essential. While not everyone may be deeply involved, a basic understanding of governance empowers individuals to make informed decisions. Political participation ensures that diverse voices are heard and can lead to more inclusive and representative policies. Ultimately, active citizenship strengthens democracy and fosters a society where everyone has a stake in shaping its future.

1. Friends and Family: Loved ones can provide emotional support, a listening ear, and practical help during challenging times.

2. Professional Support: Seeking help from therapists, counselors, or support groups can offer valuable guidance and coping strategies.

3. Hobbies and Interests: Engaging in activities you enjoy can be a positive distraction and a way to find joy even during tough times.

4. Personal Strengths: Identifying your own strengths and resilience can help you navigate through difficult situations.

5. Faith or Spirituality: For some, their belief system provides comfort and guidance during challenging moments.

6. Self-Care: Taking care of your physical and mental well-being through exercise, mindfulness, or relaxation techniques can be beneficial.

The Russian geopolitical events can have complex and far-reaching effects on global food supply chains, trade, and distribution.

In some cases, international sanctions or trade disruptions can impact food availability and prices, leading to food security concerns in certain regions. Additionally, actions that disrupt agricultural production or trade routes could have implications for food security.

I prefer to store my wealth in bitcoin & property. Expensive cars & watches are cool but not something I want to flex. I like my money to make money, if you know what I mean. Everybody is different though so I’m not going to judge anybody who wears a $50,000 watch. 

We’re in the early weeks of the next big run up but we should still proceed with caution. As the past has shown, you can still get REKT by deep corrections in a bull market. Stay smart & stick to spot purchases, no leverage trading if you can resist the urge. DCA or smash buying is your prerogative but stick to spot buys, you can’t get liquidated hodling spot. It’s going to be a fun 2 upcoming years but as always, expect volatility. 

The whole point of a government / Central Bank issued CBDC is that the people lose ‘total control’ of their money. I mean most people won’t have a problem with every day purchases but they have the power to stop you buying certain products, stop you buying too much fuel if you use too much carbon. That’s where a CBDC leads to, authoritarianism, like China, social credit scores etc. I really hope CBDC’s do not happen, they will tax & know everything. If you fix a car for a neighbour for a small fee, they will know. They want to abolish cash, hopefully it doesn’t happen.