[Distribution of Food Packages for Public Kitchens]

This time we are back to doing social service activities by involving the Lhok Kaju English Center (LEC) community and the Friends of Duafa Community, the heavy rainfall that occurred for these two days caused our area to be flooded, but there were several Subdistrict that experienced major flood impacts ?
 
1. Tangse
2. Kembang Tanjong
3. Kota Sigli

Of the 23 sub-districts in our district, according to several sources we received, only three sub-districts were quite badly affected by the floods and access roads there are still unusable, these areas include the sub-districts of Tangse, Kembang Tanjong and Sigli City. However, only for several village areas where road access is cut off and temporarily inaccessible.

Meanwhile, in Sigli City District, there are two villages that have had a severe impact on the flood, namely:

1. Gampong Asan
2. Keunire

To be honest, I don't have many sources of funds that can reach the three districts/districts, because if calculated from the number of needs, the money needed to help is very large, especially with the large number of people living there. Therefore, I took the initiative to sell some of my bitcoins to help the two villages. According to a survey conducted by the LEC community, Gampong Asan and Keunire needed to provide a public kitchen for two days, so we agreed to help in these two places.

The assistance we provide is in the form of groceries in fulfilling public kitchens?

1. Eggs
2. Rice 5 Kg
3. Indomie
4. Unibis bread
5. Mineral Water

 

 

   

 

Distribution of Food Packages for Public Kitchens

The small efforts that we have made can at least help a little for the needs of public kitchens for the people there and the local government has also been present to help these needs which are more affordable in large quantities.

Hopefully this flood disaster will be a warning to all of us, that protecting forests and the environment is a must. Today the alert status is still in effect until an undetermined time limit, because rainfall still has the potential to occur and the water in the river is still quite worrying, we hope this will pass quickly so that people can continue their activities as usual.

As a commitment in the previous post, that I want to continue to spread kindness through the value of bitcoin, with a simple effort and not forcing what I can't do. Today many people ask me and LEC directly, they ask where the financial assistance that we have brought so far when carrying out activities has come from.

"I answer from the income I get so far in bitcoin".

At least this effort has influenced some people who have never heard of bitcoin before and now many people who used to not believe in the bitcoin investment that I did, have consciously acknowledged the truth that I once conveyed.

To appreciate the great work created by Satoshi Nakamoto, I will continue to be committed to spreading the good values of bitcoin, even though the impact is not yet widespread in the area where I live, I will continue to do this with the LEC community and also do not rule out collaborating with the community others in our area.

[MEETING WITH LHOK KAJU COMMUNITY ENGLISH CENTER (LEC) REFUGE ASSISTANCE PREPARATION]

Monday 26 December 2022 around 17.30 WIB, a boat and 185 Rohingya refugees were stranded in our territorial sea area. Based on the confession of one of the refugees, they had been on the high seas for 35 days since the start of their journey from their country of origin, the condition of the refugees was very concerning because many were dehydrated, while the Police, TNI and local people began to take action for the refugees and evacuate them to safer place.

Our government has endeavored to provide initial assistance as a form of humanitarian solidarity, starting with the provision of a public kitchen as a place to eat/drink for them, beds, blankets and medicines as an initial step in emergency response. Many social organizations started arriving on the second day, humanitarian volunteers, social organizations and social activists also helped.

Some of the assistance, in the form of clothing, food and other needs has been fulfilled temporarily, the health condition of the Rohingya refugees is really apprehensive, because they experience dehydration, itching and there is one four month pregnant woman who is quite worrying.

 

MEETING WITH LHOK KAJU COMMUNITY ENGLISH CENTER (LEC) REFUGE ASSISTANCE PREPARATION

On the third day, the Lhok Kaju Engglis Center (LEC) community and I began to be touched by what happened to them, moreover there were several small children who were stranded along with 185 other people on the ship. We started to discuss and try to see this case as humanity and intend to provide assistance, so at the end of the discussion we agreed to conduct a survey of their needs, because my community does not have special funds assisted by any institution, so I took the initiative to sell the bitcoins that I got from the campaign Duelbits managed by Hampuzz for necessary needs.

At first glance the Duelbits campaign managed by Hampuz has been running for 118 weeks and I just joined this campaign for more or less five weeks and I think almost everyone knows this campaign, so I don't need to explain at length.


This is complete data of refugees?

Male 83 people
Women 70 people
Children 32 people

The total number is 185 people


On the fourth day, we started visiting refugee camps and brought 50 aid packages in the form of food, drink and clothing, we also provided haircut services for Rohingya refugees, at 10.00 WIB we arrived there and started distributing the aid we brought, while 3 barbers had also carry out the work according to the agreement we have planned, some of the volunteers that I have have also tried to interact with children who are still quite difficult to approach, because they may not have recovered from the trauma they have felt, until exactly 17.00 WIB all distributions have been completed and going according to plan.

 

HELP PACKAGE PACKAGING PROCESS

 

JOURNEY TO REFUGEE PLACES

DISTRIBUTION OF HELP PACKAGES TO CHILDREN

DISTRIBUTION OF CLOTHES FOR REFUGEES AND RECEIVE BY RESPONSIBLE PARTIES

 

POST TRAUMA EDUCATION AND PLAY WITH REFUGE CHILDREN

   

REFUGE HAIRCUT PROCESS

Conclusion

I want to do any work that can be useful for others, even though it doesn't seem to have a big impact on refugees, but this is proof that the Lhok Kaju Engglis Center (LEC) community has sensitivity towards other people, even though this assistance is not that big and has meaning luxurious. But most importantly our presence can give them a smile on the suffering they have.

There is a lot of support on the bitcointalk forums proposing that Satoshi Nakamoto be awarded some sort of Nobel prize or whatever. But I don't think that's enough, because we never really got to know Satoshi Nakamoto, so I don't think this gift will affect anything. Personally, I am taking another step in honor of the great work launched by Satoshi Nakamoto, by bringing social values closer to the people and starting small things that will make bitcoin adoption more acceptable in the future, despite what I do not necessarily successful, but at least I've tried to bring bitcoin closer to adoption in the area where I live.

I hope that when many people start to believe in bitcoin in the future, then from there the role of bitcoin can touch many people, not only as an investment, bitcoin is also able to touch social and human values that are practiced by many people.


Personally I want to thank you very much Satoshi Nakamoto for the great work you have created, so it has had such an impact on my life.

Thank you very much Hampuz for trusting me to be in the campaign that you are managing, so that I can carry out social humanitarian activities.

Finally, thank you very much for the Lhok Kaju Engglis Center (LEG) community, we have been together for a long time and have done many charity activities for several humanitarian activities.

[Capitalist Illustration Image]

The capitalist economic system is a system in which private business actors own and control property according to their interests. An important factor of the capitalist economic system is the profit motive according to Adam Smith's theory. In his book entitled "Wealth of Nation", he explains the concept of laissez faire and the principles of the invisible hand.

Capitalist Illustration Image

These two concepts are the basic framework for the formation of the capitalist system theory, which includes the value of goods and services, structure, consumption prices, and production prices. There is a shortage in the capitalist economic system, because their goal is not to see the impact of consumers, but rather to the value of profits from the products and services issued. Thus it seems that the capitalist style will destroy the order of life of the little people, in making purchases, be it products or services.

Let's see how they work, in the area where I live, currently intensively promoting various types of houses, where they work with banks as third parties. However, in this case, the Bank is authorized to determine the prospective buyer, based on consideration of the criteria, employment status and agreed terms. However, it must be understood that Real Estate is different from Real Property, both which can involve the government in its management and those related to financing and settlement as building ownership.

Terms and Rough Figures For the Purchase of a Single House

1. Time period
This relates to the time period agreed upon by both parties (the Buyer of the House and the Bank), the longer the agreed year, the greater the profit received by the third party.
Because the buyer will continue to deposit every month according to the current year's agreement.

2. Advances
The amount of the down payment that must be deposited depends on the agreement between the home buyer and a third party (bank), taking into account the conditions they provide, the smaller the down payment, the greater the monthly deposit.

3. Monthly Installment
Installments determine the price of the house, because the smaller the agreed monthly installments, the longer the ratio of the specified repayment period, so the more expensive the house price.

• Term of 20 years

• Down Payment $5,370.21

• Monthly Installment Ratio $134.26

Let's count?

20 Years X 12 Months = 240 Months
1 Month Deposit $134.26 X 240 Months =$32,221.25
Down Payment $5,370.21 + 240 months Deposit $32.221.25 = $37,591.46

Total for one house $37,591.46

In fact, if we buy land and build our own house, without using their system, the money we need is about $16,781.90

So, if the term of the agreement is long (Current Year), then the third party will automatically benefit $20,809.56, because the monthly deposit will run according to the year and the agreed down payment.

This is an example I got in the field, a few weeks ago?
Actually, I have conveyed this example earlier in this post Why the european housing market is about to crash, But because I think this is interesting, then I try to recreate my post?

This looks pretty crazy, the way they rob people of financial freedom, where for a need (a house), people have to spend that much money and not to mention talking about monthly deposits during the agreed-upon agreement. Of course, the consumer has the authority to buy or not, but if it is considered a house is a necessity, what can they do?
In the context of Economics, there is nothing wrong with this capitalist system. But there should be other ways that can be done to not be burdened by the system, so that people are not trapped in something that is not necessarily capable of being done.

Now I want to combine buying a house using this system, with investing in crypto and bitcoin. Maybe this can be a reference, especially for those of us who are in this forum. If people currently choose to buy a house, then they have to make a down payment of $5.390,11 as a condition and they continue to deposit a monthly fee of $134,75 for the current period (20 years).

Just imagine, if we invest $5.390,11 in bitcoin or in altcoins, if the return on investment is maximum and we do it at the right time, then to make one house no more than 1, 2 or 3 years running time, without having to wait for repayment annual fees that run according to the agreement. Of course, the investments that we make also have the impact of risks and losses, if someone does not understand the pattern and the right time to enter the market, this problem is related to knowledge, which may be learned before starting an investment.

But that doesn't mean the risks are unavoidable. Because there are many things we can learn before starting, be it investment knowledge, strategies and how to enter the market at the right time. Because what I see, the pattern of buying a house that they do, is no less than the danger posed by investment, meaning that both processes have the same risk, only in different conditions and portions. Oddly enough to understand, if we want to get involved in such a home buying system, despite the opportunity for change, we can do so through investment.

Whereas in Crypto systems in general we are used to determining the direction of freedom we want to do. Instead I think, cryptocurrencies are a way out of a problem they can't solve, towards housing needs for low-income people. By making the right investments, we will save ourselves from problems that are considered incapable of becoming easier. Technology that has developed, will pave the way for everyone who wants to learn to do something new.

Why did I mention cryptocurrency and not specifically Bitcoin, because the concept is more accessible to the lower classes, because talking about cryptocurrencies in general, it has a cheap purchase value, but the return at a certain time is quite maximum.

We have seen this discussion a lot in various existing threads, but I want to make a little difference with the previous thread, so that it has a new meaning for the color Cryptocurrency and Bitcoin, even though it looks general what I say.
I'm sure there are many people on this forum who understand cryptocurrency and Bitcoin better than I do, but it never hurts to emphasize and make it easy for beginners to understand Cryptocurrency and Bitcoin.

 

Cryptocurrency Image Illustration

1. Cryptocurrency

is a digital currency, which is used for virtual transactions, Cryptocurrency comes from two combined words, Cryptography which means secret code and Currency means money or it can also mean Cryptocurrency is a combination of coins that exist today. But to see its meaning and function more broadly, you can look it up on the internet, so that our insight is broader and deeper.

 

Bitcoin Image Illustration

2. Bitcoin

Bitcoin itself is included in cryptocurrency, but still lives up to its name, besides that bitcoin also has the same function, as a digital currency that can be used for virtual transactions, bitcoin is more popular than other cryptocurrencies, There are several reasons that make bitcoin more dominant today.
Bitcoin has developed in other functions, not only limited to investment, for example buying goods using bitcoin, some products have implemented this for certain purchases, but it is not yet seen as common as purchases usually use fiat currency and only certain countries adopt bitcoin as currency legal money.

For beginners, these two things must really be understood, so that the dependence of understanding does not only rely on logic, so that we can put cryptocurrency and bitcoin in the same sense, but the difference is only in the value and interest of someone in using it.
Due to the many posts I see in the thread, very often people mistake and place Cryptocurrencies with Bitcoin.

 

Cryptocurrency and Bitcoin Images

3. Benefits of Crypto and Bitcoin

Talking about profit cannot be separated from financial income, where the two points I mentioned have their respective patterns in investing. Cryptocurrencies are generally quite broad for us to review, because they refer to the number of coins available, but there are some that are referred to as potential altcoins, maybe friends focus here, if you want to invest,
For now the author prefers bitcoin for investment, because bitcoin has developed quite widely, but if you like altcoins there is nothing wrong. This is just my personal opinion.

Advantages of Investing in Crypto at large,
The author deliberately does not review the four points, so that my friend gets used to finding out these four points, so that in the future you can understand more.

1. High Return
2. Universal
3. Fast and Easy
4. Transparent

While the risk is accepted

1. Fluctuation

Why is it called Fluctuation because overall prices can change so fast, a decrease in selling value can occur at any time with various problems that occur, so the risk to Crypto is quite volatile, for people who have been in crypto for a long time will understand very well.

Behind the advantages and risks posed by crypto, of course there are negative and positive values, but that does not mean it cannot be minimized, by understanding the types of investments, strategies and knowing the right time to enter the market. Thus, investments can be controlled at the stage of minimizing risk, this is also related to the understanding and knowledge of everyone who starts trying to enter the crypto market in general.
If the understanding that the author conveys is still lacking, maybe it can be added in the comments column?

Two other sources as reinforcement of reading material
1. https://www.investopedia.com/tech/were-there-cryptocurrencies-bitcoin/
2. https://queue.acm.org/detail.cfm?id=3136559

[First National Workshop on Digital Economy and Digital Transformation of Society & Private Sector]

https://mobile.twitter.com/FA_Touadera/status/1562393278963744768

First National Workshop on Digital Economy and Digital Transformation of Society & Private Sector

The Decision Taken by President Faustin-Eurchange Touadera, not only bitcoin was approved as a legitimate means of payment, but the most surprising was the "Sango" Project.

What we know is that the state still has weaknesses in the field of technology, extensive electricity coverage and low internet use, the skepticism of project feasibility is not well connected and is still haunted by civil war.

https://databoks.katadata.co.id/datapublish/2022/02/06/10-negara-dengan-penetrasi-internet-terendah

Ten Countries With The Lowest Internet Use, The Republic Of Central Africa In Number Two

Even some of the online media that I explore, the "sango" project will be described as the National Digital Currency of the Central African Republic, this is a very rushed step or as an option for low-sales people, to receive bitcoin and crypto as progress in the period forward.

I try to assume and analyze some problems with the big plan that will be carried out by the Republic of Central Africa

1. The National Digital Currency "Sango".

This refers to some of my comments in another thread, population coverage is not possible for bitcoin to be used as a legal transaction tool in short term use, so "Sango" makes a choice for citizens who fall into the category of low income.
The goal is that Crypto can be widely introduced in the country, citing the absence of resistance and demonstrations against their main project.

2. For Us The Formal Economy is No Longer An Option, Says "Faustin-Archange Touadera".

This can be related to my first point, that the reason the "Sango" Project will be displayed as the national digital currency of the Central African Republic, they understand very well that the country's economy will not develop, if using Crypto (Bitcoin) only , considering that it is only 30/50% people who can reach Bitcoin in the near future.
So that it will create new problems in low-income (grassroots) communities, if "Sango" is not immediately rumored or developed in the near future.

3. Sango Is An Economic Powerhouse For The Country.

If the two points above can be realized perfectly, then the Central African Republic will be the only country that has economic power in the crypto field.
Under this Central African Republic initiative, foreign investors will be able to purchase citizenship for $60,000 worth of crypto, with the Sango Coin held as collateral for five years, and an "e-residency" for $6,000, held for three years. (Sango website)

This country is quite good at seeing opportunities, thus preparing Bitcoin options to be used as legal transaction tools, along with the launch of the "Sango" project, the State will not be strong if the small people are not given the option to accept technology , "Sangoe" is a stepping stone for the development of Bitcoin in the country This includes Crypto in general and Bitcoin in particular.

Of course the problems that will be faced are not so easy, such as writing what I did, the Central African Republic is still lagging behind in terms of Technology, the Internet and progress, there are even some authorities who think there is no unconstitutional against "Sango", but this weakness is not a reason for them do not develop.

President Faustin-Archange Touadera really knows what they have to do in the future, this will also explain how the problems and impacts on the course of the "Sango" project if there is a change of president in the future. With the ratification of the "Sango" Project, and will be described as the national digital currency of the Central African Republic, this problem is solved by the existence of regulations that they make as a binding and systematic legal guide.

They will be the second El Salvador State, which has more potential in realizing the progress of Bitcoin, this will be a great step for Bitcoin to develop, regardless of what will happen in the future, but I hope we deserve to appreciate the President's steps in making decisions.

[My Background On The Forum]

My Background On The Forum

At first I was hesitant to share my personal experiences and stories in the forum, but after exploring several topics in bitcoin and economic discussions, I finally tried to write down the achievements I got, this is a personal story that I have experienced so far, the purpose is only to share experiences and long journey process on the forums.
In 2017 I started getting to know this forum, I have seen and participated in many things, so this forum is a place for indirect learning that I get, many people in this forum have provided motivation, support and knowledge that is quite useful for me, so that until currently still fairly consistent on the forums, although many people close to me have started to leave the forums and move on to other jobs.

But unfortunately I'm not too smart to use this forum, so I don't get much knowledge that can be taught to others, in a narrow sense I only think about income, so I don't really care about the ability to be in this forum, because the goal at that time was only about "REVENUE", to me this is quite a regrettable setback, and almost certainly a complete failure in understanding the functioning of this beloved forum. Although it seems late, from now on I will change my mindset like this, because now my focus is not only on income, but more on deepening knowledge about bitcoin and forums.

The peak at the end of 2019, I managed to collect bitcoins and sell some of what I have to build financial strength through business, if the benefits I get from bitcoin are not applied to other activities, this is further backwards my way of thinking. This is where the idea began to start developing a business, because at that time I already had cash, for me this was a very extraordinary achievement and I have never had that much money for the results of my hard work. "Financial success can be built, if we have the determination, desire and are willing to do something in the form of a business". It turns out that this reason is increasing motivating to open a business. CLOTHING SHOP in the area where I live.

     

The Moment Workers Are Finishing the Shop Renovation

On December 25, my business officially opened, with simple meals with friends and relatives, this became a historic moment in my life, so I wanted to celebrate it with my dear and dear ones.
Our store has the tagline 'The buyer is king' which means that the seller must provide the best service, be wise and always speak politely, we are determined to develop the business by following the times and will always be committed to providing the best ( cheapest) price with quality products.
In addition to the discount program that will be given later, and don't forget there is also a special promotional program, namely time service, where at certain times discounts and beautiful souvenirs will be given to buyers who come, and this is the hallmark of our store promotion program in serving customers.

 

The Moment of the Opening of the First Day of the Store

The covid-19 pandemic made my business even more difficult, where I had to reduce employees, because sales were no longer stable and continued to decline, this was my lowest point at that time, where it was very difficult to build a business in the conditions of covid-19, I almost lost my enthusiasm and hope to rise from adversity, because the situation was getting more difficult and tense, Lockdown was imposed in my country, at that time almost 50% of medium-sized businesses went bankrupt (out of business).
But something good actually happened to me, God was really present in difficult conditions at that time. Once again, God began to show the way through a friend, I was advised to do online sales, where the goods were delivered directly to the buyer's house by ordering on the available application, with a spirit that was not so stable, I decided to accept and go this way.

In a short time we continued to do this during the Lockdown, until finally my country recovered slowly from the impact of Covid-19 and my business went back to running very well and normally, even my income increased far from before, now I have provided online shopping via applications and My turnover continues to grow.

   

Delivery of Packages When Lockdown Occurs

Conducting Guidance for Underprivileged Children, Through Non-Formal Schools and Religious Learning

After this difficult period passed, I finally took the initiative to carry out a social movement through non-formal schools, which involved several friends from campus, they agreed to establish this school, without thinking about salary and more inclined to nurture underprivileged children.
This year, my friends and I started to build a community "Lhok Kaju Engglis Center (LEC)", where we started to collect children one by one, our focus was only on children who were financially underprivileged. The name (LEC) itself has a philosophy that is quite strong in the course of my life, many things motivate me to do coaching for underprivileged children, time is a sword for someone who is not able to use it. All school operations required are almost entirely from bitcoin and the business I run.

But lamentably in the area where I live Bitcoin is still considered a new thing that is very difficult to understand, forcing me to cover the source of the budget from the operational needs of the school, and I can work around this with the effort I have. Because if the source of finance can not be explained where we get it, people will have bad assumptions about this community. My difficulty lies here, because I can't invite bitcoinners to work together to support the activities of underprivileged children, not to mention talking about state laws that still have complexities in terms of implementing crypto and bitcoin.

   

Education and Teaching Conducted by Friends of the Lhok Kaju Englis Center (LEC) Community for Underprivileged Children

I can't do much to promote bitcoin at the moment, but I'm grateful that so far the kids' activities are going well and I haven't had any major problems. Maybe one day, when the area where I live starts accepting bitcoin, then I'll do some work to promote, right now my focus is on running the community and making sure all the kids' school needs are met.

Personal Benefits I Get from Bitcoin

Social Impact

In general, I have explained above, what are the benefits of bitcoin for me, social status changed after getting to know bitcoin, before I was only considered an ordinary person who could not provide benefits to others, this year I have proven it and created the small community I mentioned above. In terms of religion is also taught, because in this community we have three teachers, they take turns teaching children about religious subjects, English and communication skills, we also incorporate the introduction of technology into the learning process, although the capacity we provide is not so perfect and still far from expectations.
Bitcoin has changed the mindset, taught the meaning of empathy, caring, and made me a useful person, the small care we do can make others feel big, bitcoin provides an opportunity for me to start activities that are useful for others.

Financial Impact

Financially, today I have built a business in the area where I live, with full capital from bitcoin and has made me a middle to upper income person, something that is very difficult to happen, if I did not know forums and bitcoin in the past . . That means bitcoin is something very real in life, because this is where the thought progression process I found. Until now I will strongly oppose people who say bitcoin is not real, with whatever reasons and assumptions they give, as I have said, "No country/person can resist the progress of Bitcoin/Crypto".

Weaknesses While On The Forum

For business problems, maybe it can be used as an example for friends who just joined, bitcoin can be used to build a business according to the skills we have, most importantly empathy, care and respect for others. Without us realizing it, out there or around us, there are still many things we have to do, to help others in any way.
The way I started this forum was not good, not worthy of being a role model or follower, because I have been here for a long time, but have not had a positive impact on the forum, providing understanding to newcomers and contributing to the forum and bitcoins. Hopefully I can perfect this awareness after I post this post on the forum, so that in future lessons I can contribute and provide input to people and this forum.
This is my short story while on the forum, especially for people who have supported all the efforts that I do, both on the forum and outside. Because I realize, without their help, the life I live would not be as beautiful as it is now, thank you very much for all of your input and help.

"Being a useful human being is not difficult, but being a good human being is a choice".

Singapore makes regulations first before crypto or Bitcoin begins to be used as a means of payment for transactions for goods or services, they care about the friendliness of developing technology, so it is necessary to make clear regulations as a legal umbrella, both to maintain economic growth and early detect money laundering caused by transactions involving crypto.

I do not agree, that this country is a place to hide regulatory obstacles to legal umbrellas in other countries, because they also make special rules governing this issue, which distinguishes Singapore from other countries only in terms of "regulatory certainty" or guarantees for industry players and consumers. also guaranteed to know information about companies that can be trusted.

Singapore is also a country that has a huge income for every native and immigrant, allowing bitcoin to grow rapidly there, and it is possible to achieve status as a Bitcoin hub and become bigger like El Salvador.

DeFi or decentralized finance can threaten the world of traditional banking, because of the shift in lending, even DeFi itself is known to be able to provide loans like other traditional banks.
This can affect existing traditional banks, because there will be competition between traditional banks and crypto in general, regardless of the various problems that will occur, crypto and traditional banks must be able to adapt to each other.

Crypto development is progressing so rapidly, this can be seen from the many users who join here, if Traditional Banks close themselves it is not impossible to be abandoned in the next few years.
Although currently crypto is still very risky, it is not impossible that in the future crypto can change finances, just need to wait for regulations or legal regulations, if this happens, it is certain that crypto will grow and be accepted by many people.