It's your confidence for me. Though I have an awkward feeling that you're just saying it to strengthen our faith.

However, it's been a painful journey for me. I had such high hopes for Bitcoin as the best investment plan. I put my heart and soul into it, only to watch my hard-earned fortune slip away. The volatility and unpredictability shattered my dreams, leaving me with heavy losses and a sense of regret. I wish I had known better before diving in.

Thank you for your understanding. I'm trying to piece things together and move forward, but it's been quite a rough ride. I hope others can learn from my experience and make more informed decisions.

The idea of using cryptocurrency, like Bitcoin's smallest unit known as Satoshi (sats), as a foundation for an economy frankly speaking, at this age and time, it won't be a great idea for several reasons, though it will be an interesting concept. However, I might be wrong, but there are several practical and theoretical considerations to take into account:

1. Volatility:
Cryptocurrencies, including Bitcoin, are known for their price volatility. This volatility could pose challenges for the stability of an economy, as the value of the currency can fluctuate significantly over short periods. This could affect people's purchasing power and confidence in the currency.

2. Adoption and Acceptance:
For a cryptocurrency to become the foundation of an economy, widespread adoption and acceptance are crucial. Businesses, governments, and individuals would need to be willing to use and transact in the cryptocurrency.

3. Infrastructure:
Building the necessary technological infrastructure to support an economy based on a cryptocurrency would be a significant undertaking. This includes creating secure and efficient payment systems, wallets, and other financial services.

4. **Regulation:** Governments and regulatory bodies would likely play a role in overseeing and regulating an economy based on cryptocurrency. The regulatory environment for cryptocurrencies varies widely by country and could impact the feasibility of such an economic system.

5. Scalability:
As cryptocurrencies gain popularity, they may face challenges related to scalability. Current blockchain technology has limitations in terms of processing a large number of transactions quickly and efficiently.

6. Privacy and Security:
Cryptocurrencies raise concerns about privacy and security. Transactions on a public blockchain are visible to all, which could have implications for personal privacy and security.

7. Inclusion:
Ensuring that an economy based on cryptocurrency is inclusive and accessible to all segments of the population, including those without access to technology or the internet, would be a significant consideration.

8. Global Implications:
 If a cryptocurrency-based economy were to gain traction, it could have implications for the global financial system, trade, and monetary policy.

However, the ongoing development and evolution of cryptocurrencies could potentially shape the future of financial systems in ways that are difficult to predict. I look forward to this concept in perhaps, the next century or more.

Queen Elizabeth II died Amid uncertain times in the UK and the world at Large. The Great Loss took place on Thursday at Balmoral Castle in Scotland. Britain’s longest-serving monarch was 96 years old and had reigned for 70 years.



“Marketplace” host Kai Ryssdal spoke with Marketplace’s Stephen Beard in London about the mood in the country. The following is an edited transcript of their conversation.

From Kai Ryssdal
This comes at a turbulent time for the United Kingdom. Inflation, a new prime minister, great uncertainty, which the queen was the very antithesis of, right? She was stability and consistency and all of those things.

From Stephen Beard
Very much so a symbol of stability, a very decent, steady, dutiful and unpretentious person who had absolutely no enemies in the U.K. And this death was not totally, not entirely unexpected. She’d been in poor health for some months, but it is a very sobering and a sad moment. She’d been a part of everyone’s life here for so long, 70 years on the throne, Britain’s longest-reigning monarch. So not a totally unexpected event, but nevertheless quite a deep psychological blow to Britain at the moment.

From Ryssdal
Well, so on that last point about the psychology of the British public, I was listening to a BBC podcast the other day, and — not to make an awkward turn to the Marketplace part of this — but with inflation, with gas prices, with colder winter coming on, the word that kept coming up on this BBC podcast was “fear.” There is fear now about the economy and what people are going to do. This will be a moment now of a change in national mood as they mourn the queen and try to get through it.

From Beard
Yes, absolutely. She died — although at the age of 96 — too soon. There is, as you say, a mood of tremendous anxiety and fear with inflation spiraling out of control. One forecast suggests it might be as high as 22% in the U.K. in January. A new government taking over, it’s a time of tremendous uncertainty and instability. A time when, boy, we certainly could do with Queen Elizabeth II’s calming influence.

www.marketplace.org/2022/09/08/queen-elizabeth-ii-dies-amid-uncertain-times-in-the-uk/amp/
____________________________________________________

Obviously, this loss will inevitably send the United Kingdom into a frenzy that will cost the British economy billions of pounds. Businesses will close as the nation is brought into mourning, just as Premier league has been placed on hold to honour the Queen's death, new currency will be printed, passports will change, military garb will need refurnished, and the national anthem will be changed as a result. Her death will shake a world that has been so accustomed to her reign to its core, completely transforming the way we see Great Britain today.

Owing to the fact that the war between Russia and Ukraine has brought about bear market to Europe and the world at Large. Now adding the fall of London Bridge. I've got strong feelings that this event would extend the duration of bear market we're currently experiencing now.

DO YOU THINK IT'S A BLESSING IN DISGUISE?

Tuchel was sacked on Wednesday morning after being called to a meeting at Chelsea’s Cobham training ground at around 9.30am, following the previous night’s Champions League defeat to Dinamo Zagreb.

It is understood that Tuchel, who met Boehly and Eghbali face-to-face, was surprised by the news, but reacted calmly and just minutes after the meeting ended Chelsea confirmed his dismissal in a statement. His coaches Arno Michels and Zsolt Low also left.

Chelsea’s shocked players were informed via text messages and gathered at Cobham before their scheduled 2pm training session that was taken by coach Anthony Barry, head coach of the development squad Mark Robinson and loan player technical coach Andy Myers.

It is understood that Boehly and Eghbali addressed the playing squad and offered to answer any questions before travelling into London to meet with Potter and his representatives.
www.telegraph.co.uk/football/2022/09/07/thomas-tuchel-sacked-chelsea-owner-todd-boehly/

For a man who had immensely contributed to the growth of Chelsea, I think the decision to sack him was quite harsh. This is a man who took them to world club cup and brought home the trophy.

Yea, it's true some players complained about his style which they weren't comfortable anymore with, but the board could have first called him to order in a cordial way, instead of just dismissing him in such inhumane manner as if he was a mistake from the beginning. Well this is my thought though, what's your take?

I think every step taken to GENUINELY promote bitcoin should be applauded👏, as it's essential to aiding our trading and investment.

Howbeit, let's be guided and not try forcing people, else they might see it as scam.

Just saw on CNN that US has approved more than $1.1 billion in arms sales to Taiwan, which includes up to 60 anti-ship missiles and up to 100 air-to-air missiles, and this has heightened the tension, as China is demanding that US revoke them, which US claims that it's their long standing policy to provide the Island with arms which is essential for their security.

I fear should this escalate further, knowing that Russia and China are allies and both countries doesn't have a good relationship with the US. What would happened should both countries decides to face the US, will Europe intervene in the favour of US?

The tension gets more heightened with each passing day.

Countries are scared to adopt bitcoin as a legal tender in their nations because, they fear it would degrade their fiat currency.

Nonetheless, I've got my eyes on El-savador that has adopted bitcoin as a legal tender, let's see if their national fiat would depreciate. If it doesn't,  then you'll see that other nations would take this toll, and that would be a win for the bitcoin lovers/family.

So long as you you don't have any intent to hurt anyone or exploit anyone, then go on.

However, you've got to be wise and cautious so you won't have your heart shattered.

Online dating has got plenty of risk and uncertainty.

The best way to save your money is via wise and profitable investment(s).

Read it again.

Kudos, bold step to keeping crypto world ablaze

Contentment is great gain.
The fact is that there's never a point where the thirst for money is ever satisfied, it's like a bottomless pit.

However, what would help you is Contentment. Do not live above your means. Do not see it as diminishing to accept that you can't afford it when you truly can't.

Above all, do not wish to be like someone else, you'll be amazed at how many people wishing to be like you.

Just be you and be kind.

Ciao.

Here's Chinese Foreign Minister's (Wang Yi) speech, during Pelosi's visit to Taiwan.

"It is an outright farce. Under the guise of democracy, the US is infringing on China's sovereignty.

Taiwan's Tsai Ing-Wen and those of her ilk try to rely on the power of the US, which betrays the overall national interest of China. Such retrogressive moves won't change the international concensus that there is only one China, nor can they reverse the historical trend of reunification of the mainland and Taiwan.

Those who play with fire will come to no good end and those who offend China will be penalised."

www.instagram.com/reel/Cg0znO4gOKG/?igshid=YmMyMTA2M2Y=

Well, Money is firstly, for ease of trade.

Secondly, money aids survival.

Thirdly, money affords luxury. Although  that's you affording the luxury.

However, money is in different means, might be tangible or intangible  but have same effect. Could be in form of asset, return of goodwill, etc.

I recommend you see MAN VS BEE.
That comedy series crack my ribs like      yeaaaaaaaa

And to add to the lists attached to this quote, referral would be your best bait. Make your customers your friend!

Bitcoin could plummet 76% from current levels to $10,000 by 2023 as the cryptocurrency faces three macro headwinds that have an influence on its price, according to a note from Stifel's Barry Bannister.

Bannister highlighted global money supply, the 10-Year US Treasury yield, and the equity risk premium of the S&P 500 that have influence over the price of bitcoin. Planned tightening by the Federal Reserve in the form of interest rate hikes and a reduction in its balance sheet could have a negative impact on the price of bitcoin, according to Bannister.

"In 2022, we see bitcoin in a broad trading range bounded by year-to-date intra-day levels with greater downside risk in 2023 if the Fed continues to normalize policy in a 'standard' two-year tightening cycle," Bannister explained.

s/markets.businessinsider.com/news/currencies/bitcoin-price-outlook-10000-2023-3-macro-headwinds-interest-rates-2022-2%3famp]https://www.[Suspicious link removed]s/markets.businessinsider.com/news/currencies/bitcoin-price-outlook-10000-2023-3-macro-headwinds-interest-rates-2022-2%3famp

I'm excited seeing this options where I can conveniently make transactions using BTC. However, to add to the list:

I'm a graphic designer, and I accept payment using BTC and Eth  
Note: I design on demand, and it has been working so well for me, as do graphics job for people all over the world 🌎, and this mode of payment seems more convenient for me.

So far so good I'll say. Sometimes, I do the jobs and send before having my wallet credited and this works so well.

The way forward that I see here is getting more countries to accept Bitcoin as a legal tender, this would increase the value of Bitcoin.

I don't see the activities of bank disrupting the operation of bitcoin, but I'm quite sure some banks would have to close down when a greater percentage of population decides to get wiser and invest in Bitcoin instead of saving in banks with peanuts as interest.

Money is a good follower, but is a poor leader.

Money will always lead you astray, but it will follow you well.

Any man that seeks to follow money becomes misled.
Money is meant to follow you, while you are meant to follow value.  Create value, solve problems, and do it well, you'll attract people to follow you; remember, money follows people with value.

What's your take on this?

In my opinion, wisdom is required, as no two cases are exactly identical.

An entrepreneur who is a startup and obviously hasn't any capital to scale up or maintain, and neither does the person have a backbone (support). Then I'll recommend that he/she should hold both option, I.e work for a firm to get funded while having his/her aspirations on front-burner.

However, if he/she has got a support to cater for basic needs, then that's an opportunity to draw all focus to his/her ambition.