What then would you say to people who for example bought or earned multiple number of sheep or goats many years ago at a price way cheaper than they are today? Should we be mad at them for investing too early at cheaper rate and patiently wait for the animals to increase in numbers and prices? Most likely they invested in the animals and waited patiently because they are passionate about them. While other people invested too or in other things but probably weren't as patient as the sheep and goats investors, and sold or ate their investments early, then turn around to envy the patient investors. Patience is not a very easy virtue to practice but it's very rewarding especially when used for something very profitable and useful that we love.
By the way, equality does not apply in business or wealth. We earn rewards according to our abilities and contributions, and as long as the rewards are honestly earned. We cannot just increase the supply of Bitcoin and share them equally to everyone.. The bitcoins need to be bought/earned and held as long as possible by people who understand and value Bitcoin. Therefore, it would still be very profitable to invest now (or even when the supply limit is reached) and wait patiently.
|
|
|
It's decentralized regardless of where mining or hashrates are concentrated. What makes mining decentralized is not really where it's concentrated but the fact that anyone with a laptop anywhere in the world can start mining even though they will earn little to nothing which is not very important. What is very important is that mining is not restricted to a particular hardware or people with very large miners, so that in case miners in regions where minings are concentrated cease to operate, mining becomes more profitable to people in other parts of the world and they will start mining on new equipments or equipments that were previously dormant or unused for mining. Unlike certain Proof of Stake, mining Bitcoin can be done by anyone with just a laptop. It's non restrictive, or the barrier to entry is very low This is what makes it decentralized as it's not centered in the hands of few people with large equipments. This is very advantageous to real decentralization.
|
|
|
You don't only need to control/tame the urge to consume unnecessarily or wrongly, you also need to be very productive/profitable. Try to make sure you produce way more than you consume, and you would have enough to consume or enough money to spend on consumption.
But it's important to consume the good things you need rather what you don't need. This will help strengthen your invisible shield or bubble to enable you resist the temptation to consume unnecessarily. Bad consumptions weaken the shield and the ability to resist evil or unnecessary things. Besides, it's not about consumption of food and water, it includes information. Make sure they are all good and always consumed, and you will be able to resist evil plus become healthy and knowledgeable enough to be very productive.
|
|
|
Anonymity of users is very important part of the Bitcoin system as it's within people's right to hide themselves or their assets when they feel insecure or threatened. Bitcoin is an open and transparent network with little to zero permission to join. With this, it becomes necessary to protect the privacy of members on the network from evil eyes or unknown users with negative intentions
Users on the network could be identified without violating their privacy or all other rights or ideals of the Bitcoin Network. We could do this via something called Zero Knowledge Proof (ZKP)...which is a way computer or bot can know/identify and prove users identity (or something else) without the access of what is meant to be private/hidden to humans or other things. But before this is in place, we need to find a safe and privacy-friendly manner to obtain and store the identities of users on Bitcoin, most likely on an auxillary Bitcoin system, then each identity becomes associated with all transactions of its owner. Whenever you need to uniquely know or prove each user's identity for something, the bot does that without revealing it to humans or anything else. Ofcourse, this is a decentralized Bitcoin-friendly way to solve the identity issue. And it's done without the violation of any of the Bitcoin ideal, whether privacy/anonymity, censorship resistant, permissionless, trustlessness, etc.
Another way this can be handled is in centralized manner. And it's already in place with the availability of kyc on centralized platforms/exchanges, so that coins of users who have their identities taken can be tracked and taxed when they enter or leave the platforms. But our business (and the proper thing to do) is to use Bitcoin mostly in decentralized privacy-friendly manner
|
|
|
No, you shouldn't be concerned unless you are influenced by them. Even at that, the influence will cause you to trade/invest wrongly, because their influence on the price of Bitcoin is an illusion or not real. Someone suggested in recent past on "Economics" section of this forum that such big investors had deliberately caused the price of Bitcoin not to increase alot again with their strategy. One of the replies to the post was that they can't. And if it's proven that they can't, the next huge price gains should never be attributed to them again. Ofcourse, we are aware that whatever happens to the price is attributed to them, giving them some kind of god-like importance. We expect them or their promoters to give fair prediction of the price of Bitcoin and influence the price according to the prediction, since the ones with the influence should be able to accurately predict the price, probably by buying or selling lots of bitcoins to enable the price move according to their prediction. Or by doing it via words or supernaturally. But influencing the price by buying or selling huge amount of bitcoins isn't enough, if (for example) it's done when there is strong feeling (or what you could call sentiment) that is contrary to the buy or sell factor. For example, if there is strong value for Bitcoin, but you sell huge amount of it, the market won't respond to that or it will move contrary to your trade. There is the extraordinary (supernatural) factor which is the greatest factor that alot hardly believe, but it's certainly real. The ones with this factor will always determine the price of Bitcoin regardless of what the market is saying. The second and third factors are strongly connect to this forum. So, it will be right to say that this forum plays a major role in determining the price of Bitcoin. But this is impossible without our CREATOR.
|
|
|
Bitcoin is mostly suitable for longterm investment even if you are using your "business" money to invest.
The best way to put that is " you should not put money meant for business in the near future in Bitcoin unless you know what you are doing".. Aiming for quick gains (short term investment) in Bitcoin is risky though less risky than gambling in casinos because you are less likely to lose everything, at most you lose 25% of the money. The chances of losing 50% in that short-term compared to gambling in casinos, is even very low. But in longterm, around 1to 3 years, which should be recommended, the chance of increasing the investment by 50 to 200% is quite high. So, the issue isn't with Bitcoin but inexperienced or less knowledgeable investors taking risks that have about 50/50 chances of succeeding or failing.
The volatility of Bitcoin shouldn't be a problem if you are using it as store of value or long term investment. It's always very profitable to invest longterm in Bitcoin. So, it's quite safe to put your money meant for business in distant future (maybe around 1 to 3 years) in Bitcoin
|
|
|
Freedom is not for everyone. To be free you must be qualified otherwise you become a problem to society and yourself. It's like having children under the guidance of their parents until they become bright enough to be free. To be bright, is, for example, to know how to do things well on your own without depending on others. You have to know how to easily and properly store Bitcoin keys without compromising on the keys security. You have to know how to get regular supply of healthy foods that are cheaper than "supermarkets foods". You have to know how to avoid contracting and transmitting diseases..etc, otherwise you aren't qualified to be free. You will need to be under the guidance of the law or a qualified person/people.
And it's important to note that bright people are usually more favored and secured supernaturally, as the brightness comes from being pure enough to do good due to connection to our CREATOR. Such can be found only among true Christians or those under special grace . So, you would expect whatever good they do to always work well for them because of the favor and security. Just relying on your own wisdom or power won't make things work out well for you as there will be many stronger factors working against you..You need SOMETHING on your side greater than the factors to help you do well independently.
So, one has to be qualified to be free otherwise no freedom will be given. It's not really a bad thing to withhold freedom from people, because If you give them unqualified, they will become problems to society, and choas will reign. So, for their own good and others, freedom should be denied or limited until they are able to live on their own without creating much problems.
True Cryptocurrency like Bitcoin is for the free. It's not OK to say that everyone is moving away from centralization to decentralization because that is not feasible. It's either they are being decieved and getting moved to false decentralization or they are being moved for sinister reasons, most likely to allow them to fail under decentralization, and that will serve as proof that they are incapable of being free or decentralized, and then people will demand that the freedom be taken away.
Notwithstanding, there special kind people who could be allowed to be decentralized even though they are not qualified — they are those that are very willing to do right and be guided by the free or what is right.
Freedom becomes cheap when you deserve it. And it will become easy and cheap to exist in the freedom. But not deserving it will be difficult and expensive.
If you think people moving to the other side is contributing to inflation, then create what you could call "proof of your contributions to society".. . People should be able to prove that their useful contributions to society is proportional to their income otherwise they don't deserve to consume too much.
|
|
|
The whole thing wouldn't make much sense until you understand the uniqueness of bitcoin, which is a currency that you can truely own. The system it is based on is run by Bitcoin Community and operates automatically, such that it's difficult to violate its fundamental principles, like: not censoring acceptable/legitimate transactions, non violation of users privacy, keeping data immutable, ability to use the system with little to no permission, not trusting users or service providers not to misbehave/cheat/fail, being transparent, etc. This is is unlike centralized systems, including certain blockchains (which could be mere private chains) that allow an individual or few people/users that can't be checked and balanced by interested users, to determine how the systems operate, and could possibly censor or confiscate users tokens/assets as they wish. This is nothing new or unique as it's the normal practices on public non-blockchain centralized financial systems that are opaquely run by individuals who could do bad things with them and not get caught or punished by authorities.
Bitcoin does not allow you to do bad things with its protocol or violate its rules, as it's monitored by the community and coded to prevent that possiblity. This is why it's special.
|
|
|
Just eat organic/natural. It's easier for the body to metabolize organic foods and the fats it stores so that you don't gain too much weight regardless of "how much you eat", and you also burn the stored fat easily. Your brain could be seen as a lamp or car engine, it needs good quality fuel to produce bright, gentle and consistently burning light. As for the brain as car engine, you need to oil it too for similar result: frictionaless, more efficient and effective running engine.
Also remember to always balance the foods so that the body doesn't lack in most of the tools it needs to function properly
|
|
|
He is part of the resistance who took great risk, fought against the entity that controls the world, and end up achieving an extraordinary victory with the election of his President (who is a fellow resistance), defeated the globalists, and others. The life of every influential member of the resistance is always in danger. They are target for assassination, slander, economic warfare, etc. Some survive the attacks while others do not. Could be that it was his time to leave probably after being persecuted for doing what's right. May such find rest in the next existence.
Anyway, I agree with the statement that Bitcoin is more honest than dollar. It operates on very transparent system unlike the dollar (or fiats generally) whose activity is opaque, and operates in centralized manner. So, anything can happen in that state and majority won't know anything about it except maybe for what they are fed with by people in control. This is not the case with Bitcoin whose activities are always open for anyone to independently verify. And its records can't be altered or changed as they are immutable. That's how a true financial system should operate. Unfortunately the dollar and other fiat currencies have too much unpleasant things to hide from the public and won't operate transparently nor be honest
|
|
|
Ofcourse the use of Blockchain that is based on Bitcoin principles can help in automatically and effectively enforcing the law, with little/zero direct human involvement, if designed correctly by the right person/people. The principles are moral and when combined could lessen the financial corruption as every member of affected society will be involved in fixing the issues and checking/balancing the processes to minimize unilateral decisions that are typically taken in the dark by officials
So, It's important to use it right for desired result. For example, you could create a Blockchain/decentralized system anyone can download and use for reporting or predicting issues that could lead to flooding in their environments. then solutions will be provided and reviewed by anyone. The solutions with little to no issues get approved and funded, and the funding transparently monitored by the society until the issue (or potential issue) is fully fixed. This should atleast fix flooding caused by poor planning or abuse of the environment. But if such factors are corrected and flooding still persist, the affected society will need a total reformation of behaviors for good.
|
|
|
Better to fix moral issues in every nation than spending too much to fix the consequences of being immoral. It's like choosing preventative measure over fire service approach, or not eating whatever you want hoping that when you get sick you are taken to a hospital.
The issue with flooding and other natural disasters are due to not living according to the acceptable moral standards that are "coded" in nature around us. When immorality increases, an invisible bubble that covers a society or country becomes weakened, the atmosphere/weather in the bubble becomes unstable as a result.
Ofcourse, the misuse, stealing, or misappropriation of public funds is one of the moral issues that will be addressed if people decide to go back to doing what is right. People should be taught to do what is right, and they should do it. They should avoid whatever the CREATOR of the Universe considers evil and choose the good so that the shield may be strengthened and the flooding stopped.
|
|
|
Bitcoin is simply a peer-to-peer electronic cash system with the possibility to add short/light text remarks or messages. It's OK to censor transactions that are outside of its purpose, which is financial, unless you are adding occasional data as little as or slightly above the size of each cash transactional data which should be more connected to the financial transactions or finance. This will help keep the Blockchain as light as possible enabling any kind of user to run it and participate in full network consensus, and prevent it from getting too heavy for only few people with more advanced equipments to run.
It's also important to make it difficult for bad actors to add dirty images that would make running Bitcoin nodes unlawful to people in certain jurisdictions. This is a bigger issue that should not be gambled with since data on the Blockchain are immutable.
|
|
|
No need to fear Bitcoin if you are governing your people right and isolating those who refuse to do right. Otherwise what is meant for good would be used by the lawless. It's like fire, it's meant for good and could be misused if members of your society become darkened by evil around them. So, you fear they would misuse things they can access such as fire, or use them to attack other people or society. The fire on its own is not the problem but the evil that has been allowed to spread among the people which makes them to misuse things. If you ban fire, it won't stop them from making fire from rocks when they need to cook or attack, or they will still find other ways to attack because the evil in them rather than fire wants them to do wrong. . Besides, it would be foolish to ban fire rather than stop evil from spread in the society.. If people are lead morally, they will know the right way to use the fire and will see no reason to attack with it. And the society would be peaceful.
Bitcoin is meant for good. It's a technology built with the right principles for the benefit of society. It has become one of the sources of income and investment for many people all over the world. And it's really doing well for them in that regard, even though it was created as a system independent of the world's economy. It does not seem to need the world as it can thrive on its own system, but the world seems to desire it because of how well it's built and has become Banning it won't stop people from being lawless The evil in people which spreads like disease is what makes them to be lawless. National administrators should try to stop evil from spreading in society rather than banning harmless Bitcoin.
|
|
|
If you fully serve money(or "the entity") you become rich in the matrix, while in the right system money serves you or you have power over it. The rich in the matrix are typically loyal to the system and do what it demands from them, and their businesses will be well supported. You have to support the agenda of the system or build your products in a particular way that ensures that the system is in control. To continue to climb up the ladder of riches, you have to keep supporting the system and/or satisfying the evil lust of society/people even more, not minding the bad consequences, or the fact that people become slaves to those evil things. For those who still have some "conscience" there is a point when they refuse to keep climbing further, and then they will remain where they are or be removed from the position.
The rich people at the right side completely stick to doing what is right for consumers. They will not look rich or have alots riches to themselves, but their uprightness earn them rewards from above. The rewards include power over riches.
|
|
|
I would call that a showoff to intimidate the actual world power which I wouldn't want to mention here. What determines power is influence. In the system of bondage, China remains below the west and she is nowhere to be found in the System of the Free. In the latter system Russia is at the top, and the one who is at the top on this system rules over those in the system of bondage. Weapons are deceptive and do not actually win war. What wins is your influence above others. And the Word of Mouth becomes the weapon where influences determines strength. If Russia for example sticks to using her influence correctly, there will be no need for physical weapons. She will just focus more on consistent use of superior wisdom and command over her sphere of influence.
|
|
|
Fixing or limiting supply of a cryptocurrency isn't enough for its continuous price increase. It's more about the good and strong principles governing the cryptocurrency that can't easily be violated. Plus the awareness of what you can create or do with the cryptocurrency under the protection of the good principles makes it even more valuable.
It's like valuing a country so much because of the good law it's governed by that can't be easily broken. You are willing to pay high price to invest in the country no matter how small the investment is, as it's almost certain that there won't be bad policy changes that negatively affects the investment, and you can rest your mind and focus on the development of the country if it's not very developed yet. If something changes against you, you are almost guaranteed to get justice. Compare that to a country with unfavorable law the administrators can arbitrarily change or use against you whenever they want. No matter how attractive the country is made to look, you won't be convinced. You may only be willing to pay less even if so much can be done in the country.
Bitcoin is more attractive due to its strong principles which are hardcoded into its system and very difficult to change. The principles combined, are more important in its valuation than just the supply limit. If one or more are broken it won't be valued as much. By the way, the more it's valued, the higher the price . In regards to other cryptocurrencies, no matter their supply limits, if not hinged on good and strong principles that can't easily be violated, they won't be valued so much. Will be like the country with unstable administrators
|
|
|
Confirmation or verification is a very important principle of the Bitcoin system. It can be categorized under trustlessness which is basically not trusting a transaction until it's confirmed or verified by multiple nodes (to prevent fraud or things like double-spending), unlike centralized system that would typically require single verification. So, once confirmed, it's fully approved.
There could only be a faster and safe way of doing it. Maybe by having very fast and consistently accurate fewer nodes to do the verification while other nodes (esp equally faster ones) watch them to detect and prevent wrong approvals. Or probably have special contract address that receiver's address would accept immediately (on one confirmation) when detected because the contract will sort gurantee the receiver that he is certainly getting paid, and that the fund could even be resent if rejected by the network. We could also use a very fast auxiliary chain that is more acceptable to the Bitcoin Network.
|
|
|
Don't marry people that are not meant for you. Before we were born our CREATOR already destined us to be with certain people as husbands and wives, but people try to marry (or marry) someone else or at the wrong time. Always wait for the right person and the right time. Our CREATOR's Will rather than human will should always prevail.
At the right time a compatible partner would be found.
|
|
|
Things like that are typically allowed to happen to people or animals on the wrong side and on a mission to attack innocent victims. In that case the victims or their defenders use lethal force against the potential attackers.
It could also happen if the the ones on the wrong pose serious security threats to the victims and are determined to cause serious harm to them.
Nevertheless, there should always be chances given to such people to surrender. And non-lethal attacks that are very likely to effectively immobilize them should be used first
|
|
|
|