Before you have power over others, you have to be qualified, otherwise, like less upright kid guiding more upright adults, you'll lead those above you into problems or things will deteriorate from better to worse. By the way, the leaders or presidents you see today were made leaders(or allowed to be leaders) by our CREATOR. They were given the power, which in most cases are approved by the people they lead or will lead because they seem better or more capable than they are.
The issue with Russia/Ukraine or Israel/Palestine is a problem of people rebelling or refusing to obey higher power or the more righteous ones (which usually translate to more power) who have better understanding and judgement. In this case the higher power will try to exercise his authority by force which becomes a proof to the rebels that he's actually higher in power and supposed to be obeyed or taken seriously.
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Part of the strong security advantage of decentralized or non-custodial platforms is the ability to hold your keys for as long as possible, without worrying about exchange hacks or shut down... As long as Bitcoin still exist, you can always access your coins with your keys. But it's not the case with centralized or custodial managements. Many old exchanges have shutdown with users struggling or unable to recover their coins.
Another security advantage of selfcustody is that your biometrics data or private/sensitive info is not revealed to strangers who may do whatever they want with it.
*It's important to have multiple copies of your private keys saved in safe locations, and it won't easily get lost without one or more backups.
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Excerpt from Wikipedia on the democratic referendum by Crimea to join Russia Majority of Donbas voters voted to join Russia too. This is about a legitimate right to be free from injustice and oppressive forces not about so called rare earth
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Coup against the then Ukrainian President who is probably from Donbas was part of the root causes of Russia intervention in the regions and Ukraine, rather than so called rare earth metals. Crimea decided to become part of Russia through democratic means, a referendum, after the coup. And Donbas was subsequently invaded by Ukraine, and then began a war between Donbas and Ukraine before Russia finally intervened in 2022 to protect donbass and others. Had Russia provoked the coup and the war against Donbas, the whole thing would look suspicious. But it wasn't provoked by Russia which means Russia likely never anticipated having Donbas and others under her protection in order to mine rare metals. It was coup which was done for the purpose of full capture of Ukraine by pro western forces.
As far as I can tell there were attempts to address the issue between donbass and Ukraine, with Russia and others acting as mediators, but recommendations such a decentralization of control of donbas was not implemented. That would have given Donbas some degree of autonomy or independence from Ukraine.
The West Africa coups were as a result of weakening influence of West in the region and the escalation of security issues. It was actually predicted to happen due to the weakening influence. The stronger power which was Russia had to step in after the new West African leaders sought for her help against the terrorism in the region, and some kind of protection from French and others
Trump interest in Greenland was mainly due to growing presence of China, and to some extent Russia.
And USA deal with Ukraine for the resource was a compensation for the hugh free money and military assistant given to Ukraine for the the unprofitable war with Russia.
The primary reasons for the world issues you highlighted are not rare metals but the issue of injustice, rejection of hostile/immoral foreign influence, insecurity,etc. Natural resource such as rare metals can be found everywhere on Earth. They could aswell be blamed for the cause of such crisis in any part of the world
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Spend more/fast on top priority needs and things that can earn you sufficient profits. But make sure to spend when you desperately need them. This will help prevent spending at the wrong time, just incase you have the funds that you invested somewhere else, for example on something as profitable as Bitcoin. Ofcourse, your money needs to be always working for you rather than saved where it loses value or multiplies very little
And it's important to note that you are either spending money for the good of others or for yourself. When spending for yourself there are three main categories of needs, according to their priorities, to focus on: 1. aquire, replace or fix things you lack, or your damaged or exhausted belongings, including yourself. This is typically top priority need because without them the specific issues you intend to buy them for won't be solved atall, and you may die or get health issues. 2.Spend on Preventive needs. These are basically needs that help protect you and your belongings from having issues. 3. spend on things for self improvement and/or for improvement of your belongings in order to function better.
There are low priority needs people spend money on that may be considered important but unnecessary, for example needs to make yourself attractive in order to attract favour to yourself, like for beautification. But these things are unnecessary if you have brilliant light or what the world calls intelligence.
In regards to solving other people needs, probably with the intention to earn rewards (reward is not necessarily monetary):
You can go for things that are high in demand but not enough in the market, or things you can always sell profitably after production, or things people desperately need and will be very thankful to you when you give them for free. Find ways to produce them with abundant and cheap high quality materials to lower your production cost in comparison to other producers.
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Bitcoin is simply a peer-to-peer electronic cash system. Its rules are there to ensure that the goal of peer-to-peer cash transaction is realized without the involvement of centralized factors. To make this possible, everything that can encourage centralization is eliminated via the use of self-regulation, checks and balances, opensource, decentralization, trustlessness, permissionless, public consensus, transparency, immutability, etc. This are part of the rules or principles that govern the Bitcoin system, and they are binding on network participants as they seem to be hard coded into the system. And nodes ensure that the rules are adhered to.
I do not think the Bitcoin system should be for everyone or for the typical internet users. Its ideals should be different from the internet ideals with mostly people who adhere to and agree with its Principles participating in its network. They will most likely be people who believe in freedom and fairness.
Bitcoin could aswell exist as a World on its own, independent of the current World's system, with citizens or patriots that uphold its rules. It can function as a Nation or seperate world, because, when an independent currency system like it starts existing, society tends to build around it businesses, companies, institutions, organizations, markets and other things that would depend on money for wages/salaries, rewards, donations, and paying for products and services. And it's important that they transact peer-to-peer and adhere to other important Bitcoin principles to keep the system/transactions decentralized, peer-to-peer or free of any form of centralization.
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Bitcoin should be mostly used as store of value and protection against inflation, that is what it's mostly suitable for especially on the mainchain. You can also use it to buy, sell or pay for products/services if you want to, but try to make sure what you wish to pay for with it is equally or more valuable, or better still, should be as profitable as Bitcoin. Not a good idea to spend your bitcoins on bad or less profitable things so that it wouldn't be like a waste of your bitcoin that should be multiplying in value/price if it had been saved. Another important thing, Bitcoin is more suitable for small, medium to large (rather than tiny) transactions.
Very few to zero cryptocurrencies have been able solve diverse usage limitations issue without sacrificing on decentralization and other Blockchain principles. This is what Bitcoin community is working hard to solve at the moment. There are easy but flawed/dangerous solutions that the community prefers to ignore but massively adopted by other crypto networks, which would be creating weak price bubbles for their coins that could eventually burst when they get too weak. So, for now, Bitcoin should be mostly used as a store of value or hedge against inflation. Price of Bitcoin tends to increase faster when it's used this way. And it's both long and short-term price benefits. We have to wait to see how fees/network react to massive price increase. It wasn't too high or conjested in recent past, which is interesting. Too much use on the mainchain would probably have led to high conjestion. Let's see what happens at 150k to 180k price increase
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Ofcourse, it's a neutral asset/system, always there for anyone to use and freely participate in under a standard that makes it almost impossible for the freedom to be denied by lawless ones or tyrants. Centralized or false cryptocurrencies are built in a way that violate or can potentially violate the standard, or make their cryptos difficult for most of their users or communities to participate in. One of the common ways they do these is to put people they can control and that are not loyal to true crypto standard in strategic positions, via trickery (which is typically inbuilt), and make it hard for other members to easily participate to check and balance these people/things. This makes it easy for unilateral control of the false cryptocurrencies as they wish. Another way they can do this without using false cryptos is via centralized exchanges/platforms. And they mostly control them directly or indirectly.
In regards to Bitcoin being a Store of Value, ofcourse it is, and a good one for that matter, partly due to its standard, which is hard to violate. Lots of people are attracted to this, they store their assets knowing that Bitcoin can be resistant to inflation, high in demand and not grow outside of its standard.
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Bitcoin is already quantum resistant. Being able to quickly generate endless amount of keys, and not holding large amount of bitcoins in single or not-very-secured address that it becomes economically attractive to attack, is a feature/method that makes it extremely difficult or non-viable for the most powerful current and future computers combined to attack.
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A real and sustainable p2p solution for Bitcoiners like you is a local peer-to-peer exchanges with escrow or contract system that is decentralized and always available, and can't easily be censored, attacked, stopped, shutdown etc, together with the abiters and witnesses, or service providers.
Such exchanges will need to function in a manner that prioritize on p2p exchanges with peers nearest to you, down to your local residence. If you don't find a person in your local residence to exchange with, it automatically search and links you to someone in a location closest to your location, if no one is found in the location it goes abit further away from the location(or last search location) to search for a peer, and keeps doing this until it finds a suitable peer with high reputation. The whole process of searching and final auto peering won't be as complicated as you may imagine while trying to understand how it will work from my description. It should be as fast as finding something on a search engine
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Well, since you believe the so called institution investors can determine the direction of Bitcoin price, and have decided to slow down the price growth because as you said, they don't like high volatility (I actually think they don't), then price will grow so fast soon to prove this wrong. The price of Bitcoin is mostly influenced from this forum and from ordinary member/members who simply rely on superior knowledge and faith in the CREATOR of the Universe. Hopefully when it starts growing really fast (starting this year or today) you and others who see the investors as some sort of gods won't give them credit for the growth. This should put an end to the belief that an entity called "institution investors" controls the price of Bitcoin/crypto.
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Bitcoin users can actually be Anonymous
The right words to use when describing Bitcoin anonymity feature are "Bitcoin is Anonymity friendly" or "Bitcoin users can be anonymous" . Anonymous means user's identity is hidden, and that is true for users on Bitcoin since no real names are attached to Bitcoin owners accounts, unlike the typical bank accounts. Bitcoin addresses are instead used in place of users real identities. Besides, it would be too risky to reveal Bitcoin users real identities that link to their assets on a transparent Bitcoin ledger. Thieves or bad actors could easily take advantage of that to attack the users.
Btcoin does not waste electricity
Electricity is used by Bitcoin to produce or do useful things. It's not wasted. However it depends on how Bitcoin users use electricity. Heat as mining by-product for example should be used to warm up homes in cold regions of the world or the miners should be energy efficient to minimize the possibility of wasting too much electricity by individual miners.
Bitcoin has Intrinsic Value
Parts of the intrinsic value of Bitcoin are the principles. Just like gold has intrinsic value because it can be use as ornaments, for electronics etc, Bitcoin has principles people find very valuable and have many good uses. The decentralized nature, the transparency, immutability, censorship resistant, community-driven approach, privacy/anonymity-friendly feature, trustlessness, self-custody, deflationary currency, etc, are all part of the principles or values that back Bitcoin. They are why Bitcoin is very attractive to certain people and are part of reason the price keeps going up. Besides, the Bitcoin intrinsic value are natural rights free people can take advantage of to build community or society around them and they wouldn't have to worry about abuse from tyrants while freely expressing themselves in harmless ways Without the values Bitcoin will just be as worth-less as fiats
Bitcoin is not used by only Criminals
Not all Bitcoin users are criminal, notwistanding, criminals are free to use it, just as they free to use use the ocean, rainwater or sunlight, but not free to use it for crime. The Bitcoin community does not tolerate that. And it's not a crime to use something like Bitcoin since it's built around natural rights that are actually lawful and right.
Bitcoin is not Expensive To Buy
Bitcoin is affordable for any economic class. You can actually own it for less than a dollar. And it's an investment that can earn owner more bitcoins.
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Better to use the Bitcoin economic model which is neither capitalism, socialism or communism, it's a balanced economic model and works really well. So it's possible for an economy to survive without capitalism but should be with non-capitalist model like Bitcoin where independent people of diverse abilities/talents voluntarily cooperate under fair work rules or protocols that no one is allow to violate, and that explicitly set out roles that must be done in orderly manner, cooperatively or via competition or both, to achieve the best results
In this environment, businesses or companies especially those for public use will be transparent and opensourced for anyone to participate. You create a contract of what you want workers to do for you, with locked money attached to it that get released gradually for fulfilled parts of the contract or at once for full contract fulfillment (*with "satisfied with the work" button to click on to get the money released). By the way, you make sure to personally buy whatever that is supposed to be bought by you probably recommended by the workers for the work.
But firstly, the workers are automatically/manually screened for their past works which are expected to be similar to your job offer and with little to no issues, in an evidence-based reviews given to them by others. The best workers is/are selected while others may choose to stay to assist the best (who will be the work leader) to get part of the rewards for jobs well done.
Anyone can invest/contribute something valuable and good to a company or business to become a stakeholder and have influence proportional to their good contributions. But owning a company with superior roadmap means you have greater influence regardless of how much other individuals invested unless they have more superior idea you cannot find much issues in, they become major stakeholders and have greater say in the running of the company. The company is expected to grow larger than the original owner's stake and he/she will nolonger be the only owner. And with good/valuable contributions everyone stake grows bigger than it was
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When that happens, it makes Bitcoin very scarce... When something as valuable as Bitcoin becomes that scarce, demand will increase sharply and people will want to get it at a very high cost. There will be possible black marketers selling it at above 100% the current price. So that will be +$200,000
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I think Satoshi will be satisfied with Bitcoin standard or principles, which to be honest have been maintained by Bitcoin developers who seem very principled and uncompromising in that aspect. With that in place, users can continue to freely exchange bitcoins amongst themselves in peer-to-peer decentralized manner.
My initially worried was the lack of upgrades for Bitcoin that include advanced features that can handle more tasks especially the complex ones, at very low fees. But it seems there are independent projects that have been able to succeed in this regard especially with sidechains or other auxiliary systems while being decentralized and open-sourced so that we do not have to worry about radically changing the main Bitcoin Network which may break a very vital component of the system. The important thing in this journey is that we are able to build a proper Bitcoin system without deviating from good ideals that help keep bitcoin valuable. . This is the direction Bitcoin is heading unlike the majority of altcoins in existence that are compromising and have little to no idea what True Crypto should be like.
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Still boils down on the enemy working overtime to fully control/enslave society and people. You either serve the ONE who made this World or you serve the entity who didn't make it. The entity constantly tempt people with the evil by encouraging and promoting it. And he does this mainly to gain more control over the human and society. In regards to gaining more control over society, he first of all creates the problems and offers solutions that only put society under his power.. His solution for scams could be a centralized surveillance system he completely controls. Whereas the problem is like a bait for the human to take and be trapped/controlled by the entity. So, it's like bait and trap situation until all rats are fully under his control. The solution he offers to society is aswell a trap. Once the rats are fully captured they are fed in their cages and work for the entity.
*The less controlled a society and person is the more the traps or temptations. If they are able to resist, it's because they are rooted in the solid foundation which is the Word of GOD. The Word give people light to see the traps and keep them from falling for them.
It's important to note that the entity baits with many other evil not just scams. He baits with immoral sex too and offers solutions until the world is completely converted into satanic system. So, it's important to be grounded in the Word and be awake
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That's basically Cyber Nations or Nations on the Internet. One of the main reasons for such nations is to have alternative to government, private sector and physically controlled national information/data so that in time of chaos everyone can easily control his or her information/data, or information/data he or she can control (which can be the basis for building a civilization) and move to another location to reestablish. Information or knowledge is what drives a society. If you have gone so far in that aspect and don't have everything stored in your mind or physically, and end up losing the little you have, it becomes difficult to rebuild a proper society. So, with cyber nations, everything is collected and controlled decentrally making it easy to reestablish, and difficult to lose the information/data necessary for a society to establish.
The individual Nation needs to be united by common culture that is moral or just otherwise it becomes chaotic, an anarchy, immoral, unjust, ungovernable...
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Best to go for roles or businesses you are passionate about. They should be related roles and somewhat interdependent. The problem with doing multiple unrelated businesses you probably have no passion for is that it will be hard to focus your full attention on the businesses and master them because they are different/unrelated and seperately "competing'" for your full attentions. Full attention helps you understand your business really well, knowing what works and doesn't work, and retaining or discarding it. But if you have related and interdependent businesses, they become like One Business and your mind becomes fully focused on single thing.
When working on related and interdependent businesses, what is learnt from one could easily be applied on another, and you won't easily forget to take care of the other while on one because one will rely on product or service of the other and also contribute product or service to another. It's like having a corn and chicken farms — the corns are foods for the chickens while the chicken gives the corn manure. Ofcourse, it can be more complex than this. But no matter how many related businesses there are, you have to find a way to make them interdependent, and they will become single and easy to focus on. Besides you can't easily give up on any of the businesses because they rely on one another
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That should be connected to Assab port, or maybe new issues have cropped up. Anyway, there are artificial and unnecessary attempts to instigate conflict by mostly outsiders, with TPLF wanting revenge for Eritrea's involvement in Tigray. Ethiopia and Eritrea heads were friends few years ago only to start having issues after Ethiopia head started mingling with people who were initially trying to distablize the country before an intervention that is currently protecting Ethiopia. They want to weaken Ethiopia and eventually conquer her (as well as Eritrea) but the Christain faith is keeping her protected
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This economic issue is sometimes solved naturally through price inflation and increased production, without government intervention — when things start getting scarce, prices go up and people start buying them less. High prices become attractive to new (and old) producers who start entering the market to produce more, take care of the growing needs and possibly bring down prices. Unfortunately if demands keep growing at a higher pace than producers can supply, prices remain high. Ofcourse, there will eventually be chronic scarcity that will cause widespread starvation or make scarce things become unavailable/unaffordable for majority of the people. And there will likely be long queue or people struggling for the little that is available
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