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My brother's and sister's, I be wan share this Matta with una, the matter fit be laughing matter but I gast to talk am, I don't know maybe the Matta go Don reach una side, I be Don dey see many videos since last two months now wey be the video of stealing someone prick, I Don watch like 5 videos now wey concern the video, some na from Abuja state, Kaduna state, Niger state and some states like like this, I be dey wonder say why we wan dey use each other part of the body do ritual?, after yahoo boy's they do their own on a lucky dey use people part of body plus their yahoo now people no dey even fear again, them just they carry am come outside now do am, even to take hand shake with person now don become fear.
I be wan ask is this that na hard economy they cause am, because people wey them they catch with stealing person prick na poor people, them no get money, that is why I dey ask say make be na hard economy, although I dey hear say them dey steal person prick but I swear this year of 2023 too much, this thing's wey just dey happen like this, I be dey wonder is the fault of government wey make people dey steal prick abi na waiting just some people mind them dey do?
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Banks all across the globe share a similar interest in making money; disregard the pathetic services they provide; if it doesn't involve money, they wouldn't offer it; everything must be profitable, even if it appears that they are assisting people. Bitcoin and banks both have the power to transfer money from one person to another, but Bitcoin provides for people's needs without considering itself, unlike banks, which do so constantly.
I've been contemplating how little the general public knows about bitcoin and banking. They don't realize that bitcoin operates on a double standard and will do anything a bank could do without asking for permission, whereas banks will require you to present identification documents dating back to your birth in order to use their services.
When you examine these two institutions, you will find that bitcoin is more appealing than banks, even if some people believe that banks and bitcoin must coexist for acceptance. The observations include the following:
(1) Borderless transactions: Have you ever thought about sending money to someone in another country? Have you gone through the procedure of transferring money to another country? It takes at least 48 hours in every country. Other neighboring countries may speed up bank transactions, but two odd countries/continents need time before payment. Here is where bitcoin comes in; you don't have to register, you don't need any application to carry out any transaction; all you need is your private key to sign that transaction, it goes through miners, and you're done without any interruption or questioning.
(2) Excess fees on transactions: Banks charge you for transactions, and the government charges you for using banks. For example, in my country, we pay VAT(known as Value added Tax) when a transaction exceeds a certain threshold, and you will be charged for that transaction. This is what the government and banks do to people, whereas Bitcoin is free. Transaction fees vary depending on how busy the network is; you may pay as little as a cent when the mempool is nearly empty.
(3) Extra charges for bank notifications: I'm not sure if banks in other countries provide similar choices, but when you enroll for transaction notifications, you will be charged for SMS and email messages. Assume we have to pay some sats to use bitcoin explorer; everything else, apart from the transaction fee is free with Bitcoin, and that is the freedom of using it.
(4) Banks Network Failure: I can relate to this very well because, before the election season in my country, practically all of the banks experienced failure, making it impossible to use mobile banking and transmit transactions across states. Many shifted to bitcoin and USD as an alternative since there is no middleman or point of failure with bitcoin.
(5) Banks' freezing of accounts and limitations: You wouldn't understand if your account had never been frozen before. Banks can make life difficult; you might lose everything if you fail to read their terms and conditions, and there is nothing you can do except follow due procedure; this is what happens when there is a middleman on any platform. Bitcoin overcomes this limitation by granting no constraints to your wallets; you may spend as much as you like and no one can penalize your account because you possess the private key.
There have been lots of issues with banks in the past, although this varies depending on where you live, but they all have similar objectives and people fail to check into these things, this is what bitcoin provides you without any constraints or limitations.
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Fear is a natural emotion, and we all experience it every once in a while. However, buying bitcoin as a beginner and dealing with the volatility can be traumatizing due to the volatility anxiety, it startled newbies when they saw their bags decline; it makes one feel like they are losing everything for a first-timer, but that's just part of the holding process.
Price volatility is what distinguishes bitcoin, the fear of it dropping to zero should never enter your thoughts, it has never occurred and is unlikely to occur. If you are new to bitcoin and have discovered that it has been driven down by price fluctuation or worry, here are some things you should do:
(1) Detailed understanding of the nature of Bitcoin: It is important that you understand what bitcoin is all about; it is not about purchasing when the price is low and selling when the price is high. It's essential that you know the details of what you're buying and holding, you'll be amazed to discover that the more you learn about bitcoin, the less worried you'll be about price volatility.
(2) Always ignore the FUD: Bitcoin has been around and would continue to stay for people who believe in it, don't listen to fake rumors, bitcoin says you shouldn't trust anyone but verify it yourself.
(3) Avoid investing money that you badly need: In order to avoid worrying about the price later in the day, you should never borrow money or use emergency funds to buy bitcoin. Bitcoin is not a fast get rich fast on the internet investment.
(4) Take a break and take care of your health: Not everything in life should be bitcoin, therefore check on yourself, make an appointment with your health instructor, listen to the advice, and spend more time with your loved ones and family, your bitcoin will never run out as long as you keep them secure.
(5) Stay informed: There are other reliable sources that generate great material on bitcoin, that may also assist you when you need solid information about bitcoin. If in doubt, check such platforms and learn more about bitcoin.
(6) Stay positive: Your goal should be what motivates you to acquire bitcoin from the start of your journey, don't change your goals because you're afraid bitcoin will fall to zero, your goal should constantly ring in your brain; it will keep you stronger and better as you progress.
There are could be more information that may help you break the bond of fear as a bitcoin holder but these points are valid and will help you as a bitcoin holder who is new to bitcoin, it will help you fight that fear and the things that will discourage you from BITCOIN.
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