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1501  Economy / Economics / Re: Money and happiness. on: August 01, 2021, 09:53:28 AM
Happiness is a subjective thing and money can be a source of it for many people, we just don't want to admit it because we were conditioned to believe that wanting money and saying that money for you is everything is a bad thing. For me, as long as my needs and occasional wants are fulfilled by money till my death, it's enough for me to be happy.
1502  Other / Archival / Re: El Salvadorans are not happy about accepting bitcoin as a means of payment on: August 01, 2021, 09:23:42 AM
This is really terrible news for El Salvador then. 77% is a really huge percentage. El Salvador bought $140m worth Bitcoin with the aim of distributing it among its people to incentivize them for using Bitcoin. But if El Salvadorans aren't willing to do such thing, then all of this effort would be in vain I'm afraid.
It takes some time and the people will eventually accept plus the government is still the authority and they will enforce it no matter what plus incentives is a good thing, I mean they just have to use the bitcoin goven to them to do some daily transactions right? Also, El Salvador should make a some way so people can fully accept it like installing bitcoin ATM ad having stores and markets integrate a crypto payment system, it doesn't have to be complex because there's existing apps out there already.
1503  Economy / Economics / Re: Bitcoin doesn't care about Tesla and Amazon on: July 30, 2021, 01:45:25 PM
Of course bitcoin doesn't care, it's probably because there's no person behind it besides Satoshi although he is gone a long time ago. But that's also the weakness of bitcoin, it can easily be manipulated by different entities that habe their own agenda or interests regarding bitcoin. The sad thing is that Tesla, Amazon and other companies care about bitcoin which ends up with the oublic that is struggling being the receiver of the negatives cause my the manipulation of this institutional investor.
1504  Economy / Economics / Re: Will some companies like Amazon really 'store' Bitcoins? on: July 29, 2021, 02:28:14 PM
They've slammed the rumor already so I don't think that they are going to store bitcoins. But if they do, I think that they can probably do it anyways, bitcoin storage doesn't require that much sophistication so I am sure that there's a possibility that in the future that they will consider storing or even making the system part of their platform.
1505  Economy / Economics / Re: Bitcoin is key to the future of Twitter, Jack Dorsey says on: July 29, 2021, 01:52:43 PM
Jack Dorsey is indeed very consistent in supporting social media and Bitcoin. He is very optimistic about bitcoin's bright future. In my opinion, this step is very appropriate for the owner of a company like Twitter. Because Bitcoin has the potential to create a new financial infrastructure that is more inclusive and supports underserved communities.
That's because he is the CEO of Square plus he believes in the potential that bitcoin is a big investment for everyone to be able to access. Also, what do you mean by underserved communities? I assume it's the poor people? I think that it's a bit impossible to do that unless poor people are given some sort of help for them to access cryptocurrencies.
1506  Economy / Economics / Re: How do you define rich? on: July 28, 2021, 11:41:13 AM
Rich for me is someone that has a lot of excess money and have a lot of cashflow. In philosophical definition, for me a rich one is soneone that has done that he/she wanted to do in his life in shoet, someone is rich if they didn't have any regrets in life.
1507  Economy / Economics / Re: If you can get paid through cryptocurrency, do you still choose fiat currency? on: July 28, 2021, 10:59:36 AM
I don't think it makes any sense, I would rather just pay normally and then buy any cryptocurrency I want and how much I want. Instead of paying only a certain amount of cryptocurrency according to my contract. But I am also not opposed to paying in cryptocurrency.
But what if the choices where to entirely have crypto as a salary and no other exceptions or reservations or just stay with fiat. What would it be for you because you seem indecisive with your decision to have it all on fiat and then just buy back crypto on your own. For me, if the number is fixed, I think I can get by with having a crypto salary but I would get in trouble with using it for buying daily necessities like food, beverage and hygiene products plus, would it also include my insurance that's paid by my employer?
1508  Economy / Economics / Re: New Jersey Pension Invested $7M in Bitcoin Mining on: July 26, 2021, 04:25:41 PM
$7m isn't a huge amount but the fact that it comes from a State Pensions Fund is a big deal. It shows that there is trust at institutional and state level for investing in Bitcoin services, also it encourages other Pension Fund investors to do the same, and these guys have really deep pockets!
That depends on the perspective for you it's not a lot but for me, that's actually pretty huge amount given that they are using pension funds plus that money only grows bigger overtime, it's a pension after all so I expect to grow more in several years to come by. I don't necessarily think it's trust in the market that makes this institutional investors go for this kind of thing, it's more of a profit in my opinion.
1509  Bitcoin / Bitcoin Discussion / Re: Is bitcoin anonymous? on: July 25, 2021, 02:55:42 PM
On the ledger, you are anonymous but if someone traces specifically your address all the way to you spending it all, they will be able to identify who is behind that address. I think that this is a good reason why not every money laundering users are using bitcoin because the FBI can trace it beck to them especially if there's big transactions and consecutive transactions done in a single address.
1510  Bitcoin / Bitcoin Discussion / Re: IDEA! Bitcoin Dominance - $hitcoin's v Satoshi's on: April 29, 2021, 04:59:20 AM
Are there any coins that can match the growth of bitcoin for 5 years though? Because as far as I know, bitcoin still holds that title so if you want to risk your capital then go for it and invest in other coins but you have to be careful because they don't have the same pump that bitcoin does, they may go up but it isn't a lot compared to investing in bitcoin.
1511  Bitcoin / Bitcoin Discussion / Re: The World Without Bitcoin on: April 28, 2021, 11:40:28 AM
I don’t know where would I be without Bitcoin and cryptocurrencies. Years ago, the way I live without Bitcoin, I usually do affiliate and internet marketing stuff as well as sticking to my old unstable freelance gigs like data entry, writing, video promotions, etc. Without Bitcoin, until now my parents would still treat me badly because of not having a stable job like my sisters. I am just thankful to be here in this industry, as it turned my life around even during the COVID-19 pandemic.
That kind of parenting sounds real Asian to me, their kids being their insurance when they grow up,I can relate. It's actually good that you have those gigs compared to me who doesn't have any skill, wheee will I be if bitcoin didn't exist.
1512  Bitcoin / Bitcoin Discussion / Re: Tokyo-Based Game Maker Nexon Purchased $100M in Bitcoin on: April 28, 2021, 10:17:59 AM
~

The point is that little by little we are going to see more and more companies buying, which, together with the reduced supply, will cause the price to continue to rise. A spike in price will come when one of the big players, such as Apple or Walmart, announces that it has bought.
As long as they buy bitcoin, right? What I can do is to be prepared to buy and accumulate more bitcoin before an eventual exponential rise in prices after all.
1513  Bitcoin / Bitcoin Discussion / Re: Tokyo-Based Game Maker Nexon Purchased $100M in Bitcoin on: April 28, 2021, 08:49:37 AM
My thoughts on this is that it will probably bump up the prices although it wouldn't be a lot compared to the 1.5 billion of Tesla, I hope that more companies follow what Nexon did, maybe we will see Sony, Nintendo and other game companies buy bitcoin.
1514  Bitcoin / Bitcoin Discussion / Re: JPMorgan to Let Clients Invest in Bitcoin Fund for First Time on: April 28, 2021, 07:13:03 AM
just like the roller coaster ride but yeah i still hope more good news coming till bitcoin reach new ATH
I hope that this rollercoaster that you are pertaining to is only going to go up and only have mild dips because I am sure that FUDs will spread like wildfire when it goes down real fast and users are once again going to get their faiths tested. My question is whether the clients have a bitcoin or their own address if they invested in it?
1515  Bitcoin / Bitcoin Discussion / Re: Has the world become greedier since BTC? on: April 25, 2021, 08:09:09 AM
It didn't become greedier, we as humans were greedy in the first place and bitcoin just showed what we really are. It is in our DNA that we protect what we possess and strive for more, not to mention that there is a pandemic to worry about and we become paranoid of our mortality and the depletion of resources.
1516  Bitcoin / Bitcoin Discussion / Re: It's nice to be back again on Bitcoin @50,000$ on: April 25, 2021, 07:27:11 AM
Its always good hodling for long term rather than short term.. Wherein it actually make a good return after all.. But unfortunately seems a bunch of crypto enthusiast still afraid to HODL because of some doubts of the fluctuation in the market which is a normal scenario in my opinion ever since before.  Indeed the current achievements of bitcoin nowadays is enough proofs that it always to worth hodling..  Congrats to you mate..
That really depends on how much you are currently hodling, if you have a big amount of bitcoin, you profit big in short-term and get back and do another hodling, but if it is the opposite then you probably have a better result when you go for long-term and plus you can still accumulate along your hodling by buying, be it short-term or long-term.
1517  Bitcoin / Bitcoin Discussion / Re: Who Killed Bitcoin?? Greed? Government? Fraud? Idiocy? on: April 25, 2021, 06:32:56 AM
Bitcoin isn't dead,
We(Bitcoiner) are the one who is killing it (If you think that it is dying).
We are the one who is responsible for it's movement we shouldn't blame it on other we who hold Bitcoin contributes to every Bitcoin movement.
If it goes down it is because we or other holders sell their coin if it goes up it is because some bought it, It is as simple as it.
And AFAIK Bitcoin is pretty much strong and kicking how could you say that it is dead and king of shit-coin?
Exactly, we are the lifeblood that keeps the .arket alive and volatile. I think that bitcoin is functionally immortal as long as people are trading and hodling bitcoin and the only way to dispel that immortality is either we as a human race gets wiped out or there is a god snet alternative that is far better.
1518  Economy / Speculation / Re: 🛑 Can bitcoin prices bounce back? Opinion Poll With Results 🛑 on: April 23, 2021, 02:21:20 PM
I don't get the point of this thread, I am pretty sure that if you look at the overtime performance of bitcoin over the years, I am pretty sure that it will answer the question as to whether bitcoin prices is going to bounce back. The only question that matters is whether did you bought bitcoin now or currently hodling sone amount because you are going to profit when the prices bounce back.
1519  Bitcoin / Bitcoin Discussion / Re: Learn to laugh even if Bitcoin is crashing on: April 23, 2021, 01:09:46 PM
Good news for FUD spreaders, you can finally buy bitcoin and not be bitter because you got left behind during the last pumped because you panicked when the prices slumped down for a week and then the prices pumped with you not hodling anything so your bitter self spread FUD so you can try to make other people follow what you did so you never get so lonely being the only one that got left behind.
1520  Bitcoin / Bitcoin Discussion / Re: Bitcoin could destroy economy on: April 23, 2021, 12:10:56 PM
Actually the uses of bitcoin depend on the user of it. User can use it in his own style and it is not problem to bitcoin. We can't blame bitcoin for such kinds of activity. We should concern more about the uses of bitcoin so that we can save our economy.
If the user hodling bitcoin is ambitious enough, I think that they will be able to do something big and possibly drastic to the economy but for that kind of thing to happen, it will take a lot of money and influence. For me, bitcoin is a good solution in terms of personal finance and I think that starting at an individual scale we can help improve the economy.
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