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Finally somebody that actually supports the adoption of bitcoin and is not just sitting in this forum talking how great bitcoin is and at the same time never spends a single satoshi in the way that bitcoin was intended to be used.
In my opinion we need way more small business that do this and if you don't mind you can post some pictures and the location of your gas station. This will be free advertising in front of hundreds of thousands of people! What you also may consider is to sell your customers Bitcoins so when the next bullrun starts you will probably also get a lot of customers in this field also.
This is not a new thing. Many physical stores in my area can accept digital currency payments, and ETH can also be used. I personally feel that this application scenario will become more and more widespread. When I see that there are legal currencies in some countries Turning into waste paper, I really want to recommend them to use Bitcoin for property preservation. |
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New memecoins seem to be a great investment if you get in on them early on. # BART #DOGEAI #GREG #DONS But buy at your own risk when the % Is over 2000% already and most investors are looking to cashout. https://coinmarketcap.com/view/memes/The waiting process is always very itchy, and I can’t bear to operate frequently. I am surrounded by various project information of 100 times coins on Twitter every day. I always feel that I am one of them, and I often lose all my money. Therefore, in the encrypted world, patience is the most precious asset. |
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Hello Everyone,
I am not speaking about just Bitcoin. I am speaking about every cryptocurrency / token. Regardless of crypto price fluctuations, many online and offline stores are ready to accept crypto as payment. So How will willing are you to spend crypto for your purchases?
If one doesn't spend their crypto for purchases and wait for to spend their crypto when its price is nice, are they really considering it as a cryptocurrency or can we assume like those people are treating more like a security or investment instrument?
I fully accept payment in digital currency only. Of course it's a face-to-face transaction. As a peer-to-peer payment method, Bitcoin solves some trust crises, but it is a payment method after all. This problem is like international trade, which requires an intermediary bank to guarantee. In the blockchain world, there seems to be no third-party guarantee. If the decentralized exchange has this function in the future, it will be a very perfect and worth looking forward to. |
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I think Trustwallet works closely with the contract security auditing companies AvengerDAO and Hashdit. You can find out the malicious level of the contract address you want to link to from the announcement history of these two companies. The funny thing is I have used the platform before and things went smoothly, I never got this same warning at the time, I think it's just a month ago.
If you believe that these 2 audit firms are credible enough, then heed the warning. If you are more confident it will be fine as before, then go ahead. Just think if some things have changed since your usage last month and a vulnerability was detected minutes before this warning. it really depends on the OP if he will still use the platform despite of the warning. the risk is on him so if in case something goes wrong once he uses it, then, that's on him. it is a warning, so it is up to you if you will be cautious or will just proceed at your own risk. for me, i better look for other DEX, which is more popular and solid. The risk of decentralized wallet assets depends entirely on the individual themselves. Protecting the private key and mnemonic is the guarantee to avoid risks. The security of the blockchain is always a topic of greatest concern to each of us. When you interact with contracts, you need to pay more attention to whether you are using genuine software or applications. Many hackers will use this to steal users' wallet assets. |
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Currently, I have not and do not intend to do this as my daily living expenses are unrelated to my crypto investments. I have an outside main job and instead of selling crypto assets or spending it, I am still trying to accumulate more of my assets during this bear season with my salary. Your question is no different than you are asking if we are willing to sell crypto assets during bear season while everyone is trying to accumulate more crypto assets and waiting for a bull season to come.
At present, I have no application scenarios for using digital currency in my country, not at all. The purpose of using digital currency around me is also very simple, which is to buy low and sell high, and then turn it into legal currency. Now because the market is relatively sluggish, everyone seems to be away from the exchange in an instant, and they are all busy with their work. Everyone lives in reality. |
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I will truthfully tell my relatives or friends about the temptations and risks of the encryption market. This is the way investment is. If they can accept the risks, they have to get their share of the meat, but I cannot guarantee that they will be rewarded.
When you say this, I feel more like shirking responsibility. You should tell the other party clearly: Is Bitcoin OK or not? It's not that you have to bear the risk yourself. I have been very consistent with the people around me, insist on holding it, and sell it after three years, and the bull will get more than 10 times the income. Now is the perfect time to get your hands on Bitcoin. |
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If you are in twenties or early thirties and remain single, earn $3,000 after tax per month, you will probably save $1,000 if you, let's say, spend $500 to $800 on rental, a guest bedroom in a shared house/apartment, $500 on food, $50 on utilities, $150 on phone/internet bills, $400 on commuting costs or gas/maintainance if you have a used car, $200 on occasional entertainment or others. This $1,000 savings will allow you to invest or place a house down payment when time is ripe. Is this possible based on where you live ?
It depends a lot by where one lives. If I'd be earning $3k from salary (after tax), it would be wonderful. But I don't. Also the expenses differ greatly from country to country. So the math you've done, although nice, doesn't apply in most parts of the world. I agree with you, just like medicine is not good for everyone. First of all, everyone's income is different, and everyone's family situation is also different. Just as the President of Argentina has to lease Messi's plane. |
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Despite the fact that in 2022 many large assets did not lose much of their value in percentage terms (Bitcoin, for example, lost 75% of its past ath), in some aspects this bearish cycle has set its own anti-records. For example, this year, a record number of employees involved in various crypto companies were laid off. More than 10,000 employees lost their jobs in a year:  The influx of money into the crypto industry has become lower than in the last bearish cycle of 2018-2019:  The capitulation of miners is getting faster:  In total, the crypto industry lost about 26,062 jobs as of Nov. 30, 2022, according to CoinDesk.
The winter in the crypto industry will eventually pass, but not all of them will succeed. In fact, not only the encrypted world, but also the layoffs in the real world are terrible. The economic situation is declining, and the economic crisis is not just Bitcoin and his little brothers. As of November 17, 2022, at least 132 technology companies with headquarters or offices located in the San Francisco Bay Area have released 141 layoff information this year, totaling about 43,000 layoffs.
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Bitcoin will rise again for sure. What is not sure is the time and if Elon Musk's social media posts will still be carrying the weight it was carrying in the last bull run. A tweet from Musk like this last year would have been followed by a pump in price no matter how little it would be.
Musk acquired Twitter and is also undergoing drastic reforms. Now Twitter is more integrated into the encrypted world. At the same time, Twitter accepts digital currency payments. Send it over to consider this issue. First, Musk is the richest man in the world, and every word he says may become a weather vane for the global encryption world. Second, Musk also holds a large number of digital currencies, including Bitcoin. Many times I suspect that he is selling it at a high price and turning it into cash. Possibly for SPACE X. I support Twitter's decentralization reform, but don't like it being the biggest lie medium. |
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Bitcoins can exist without exchanges, but would you support the argument that the existence of exchanges are among the factors facilitating the popularity and accessibility that people have to bitcoins?
A centralized exchange is a global financial market without centralized institutions and government supervision. In addition, the digital currency market itself is also a high-risk financial activity. Just as Bitcoin developed because of the consensus, algorithmic mechanism based on mathematics. Therefore, the existence of an exchange has both advantages and great risks. For example, FTT time gives us a lot of safety tips. The necessity of the exchange cannot be ignored. So be careful, I currently use decentralized exchanges much more frequently than centralized exchanges. |
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