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September 19, 2020, 04:40:56 PM *
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1  Economy / Economics / Re: Brazil largest investment bank just created a 100% cryptocurrency backed fund on: Today at 12:06:55 AM
This is good news for Brazil and for the entire community because this is how Bitcoin is showing that it is a reliable asset for investors. Now we can assure that these large investors will create their businesses to lead the Bitcoin-based economy, I hope. In greater detail I would like to know more because Brazil is my neighbor because I live in Venezuela.
2  Economy / Economics / Re: bitcoin dont pay our billls we need passive income on: September 18, 2020, 11:51:05 PM
As my income is based on Bitcoin I can confess that they serve to pay my bills I can even help pay some of my grandmother's bills. Would I need the government to give me the universal basic income? Yes, because I receive lower income. Adjusting my income I could save more in Bitcoin and invest to improve my quality of life and help others if it is within my reach.
3  Economy / Economics / Re: Enough with BITCOIN SAVE us or the economy on: September 18, 2020, 06:55:14 PM
Since I have been a member of Bitcointalk, the only income I have been receiving is in tokens that at some point I have exchanged for ether, tether and Bitcoin.

Bitcoin is the best way I have managed to get to my local currency because there is more volume than others, especially now that the price of gas is very high due to the high demand for deFi.

If I support my family of 4 members. In addition to a dog, 3 parrots and a macaw. It means that Bitcoin works well for me, I have been able to manage my expenses in a country that has hyperinflation like Venezuela.

With regard to government aid for the pandemic in my family we received ~ $ 20. I should add ~ $ 40 for my signature is all I receive in the month. Why not encourage massive adoption with Bitcoin? It is possible. Because just like me there are families that are surviving in the middle of this pandemic with Bitcoin.
4  Economy / Economics / Re: Covid economic impact - How can Bitcoin help to boost global economy? on: September 17, 2020, 11:42:40 PM
I want to say that Bitcoin could help us reestablish the economy, maybe not everyone considers it but at least some good part.

If it has been useful for our community with it we have gained some benefit. Now is the time to be ambassadors for Bitcoin where we live. We will have many challenges such as that people have confidence and learn to use them in their finances.

Think for a moment about the exchange platforms, they are designing rewards programs for us to leave our bitcoin or any crypto on them. They are realizing that Bitcoin is so valuable that it can boost our crypto economy and what we need is to gain more space because if we do not do it with the support of Bitcoin there will be another that will.
5  Economy / Economics / Re: Food prices doubled this year on: September 17, 2020, 07:12:25 AM
As an exporting country of food products and noticing the increase in the prices of these rubles is worrying for anyone.

In my country we have inflation and prices in all sectors have been increasing, especially in this time of pandemic. Like you, I am also concerned about the increase in food prices because it affects the most vulnerable people, and without employment.

I hope that we will overcome this pandemic soon because there will be famine in countries with high poverty rates.
6  Bitcoin / Bitcoin Discussion / Re: Storing your Crypto in Exchanges is better than using Cold Wallets! on: September 17, 2020, 12:49:13 AM
I do not keep my Bitcoin and crypto on exchanges for fear of security. It is true that these platforms are designing strategies so that users earn interest if they leave their funds in it.
I know the high level of security of Binance, Hotbit and KuCoin of their platforms but I have not yet dared to leave my funds and participate in these programs.
7  Bitcoin / Bitcoin Discussion / Re: The acceptance of cryptocurrency worldwide on: September 16, 2020, 02:34:48 AM
When we got started in cryptocurrencies we were fascinated by being able to transact on global exchanges and then send funds to our bank accounts.
Something that with traditional sites was very tedious and inaccessible for some.

The freedom to manage your funds is great thanks to cryptocurrencies is OP's wish for all countries and future generations for which I agree with his thinking.
8  Bitcoin / Bitcoin Discussion / Re: Binance sued for money laundering over stolen bitcoin. on: September 15, 2020, 11:38:16 PM
Indeed, the stolen Bitcoin was divided into 7 thousand transactions in different accounts, taking advantage of the minimum withdrawal of 2 BTC every 24 hours.

Perhaps if with a security mechanism that detects the IP address of these transactions, the laundering of funds could be detected.

The accusing party alleged that it warned Binance in time and that it was negligent and could prevent the criminal act. Only the result of the investigation remains if Binance was able to prevent it and pay the lawsuit or demonstrate its good procedure.
9  Bitcoin / Bitcoin Discussion / Re: India looking to Re-ban Bitcoin on: September 15, 2020, 09:50:23 PM
I also disagree with the new ban on cryptocurrencies in India it is utter nonsense. According to the article, one of the problems is to avoid the proliferation of frauds. But that could be solved if the government accepts cryptocurrencies and educates people not to be victims of these scams.

Sooner or later the government will have to give in and give cryptocurrencies a chance as other nations have accepted.

A transformation with currencies, banking and finance will be noticed when China launches the digital Yuan, propelling the economy into the digital age.
10  Bitcoin / Bitcoin Discussion / Re: Serious question about Bitcoin. Is it a reliable and stable investment? on: September 15, 2020, 01:22:44 AM
Bitcoin is a risky investment due to its volatility and in order not to suffer losses, it is necessary to know how to manage its trends. If the investment was made in the month of July 2019 when this thread started, the price of Bitcoin was around ~ $ 10,978 only on a few occasions the price has been exceeded. Expert traders could generate profits with this investment combined with other cryptos.
11  Bitcoin / Bitcoin Discussion / Re: Cryptocurrency as a environmental possibilism on: September 14, 2020, 02:56:43 AM
Quote
Depending on the energy source, researchers estimate that crypto-mining can produce 3-15 million tons of global carbon emissions.

https://jsis.washington.edu/news/the-political-geography-and-environmental-impacts-of-cryptocurrency-mining/

Due to this knowledge there is a joint effort to reduce the negative impact by allowing crypto-miners to operate in areas with renewable energy sources to reduce costs.
12  Bitcoin / Bitcoin Discussion / Re: Bitcoin - Revolution or Evolution ? on: September 14, 2020, 01:50:55 AM
At first, Bitcoin was a revolution that stimulated the growth of the crypto market that we know. I could also say that due to the time that Bitcoin has since its inception it has evolved because it has remained leading as the best known crypto asset.
We must take advantage of Bitcoin to build the future of finance.
Honestly despite volatility I feel safe than any other crypto.
13  Economy / Gambling discussion / Re: Police Raids and kids involving spider betting. on: September 13, 2020, 11:27:07 PM
Betting on spiders could be harmless is like child's play. But in this time of pandemic, multidinary gatherings are reckless and we must avoid them. We must also take care of the health of children and any gambling activity should not be tolerated. The spiders should return to their habitat and preserve it from a possible danger of extinction. Strongly disagree with this activity.
14  Bitcoin / Bitcoin Discussion / Re: Anyone in the Bitcoin ATM business? on: September 13, 2020, 07:51:11 AM
How is going? Seems like machines continued fast growth during Covid... has it been a good year for the BATM owners?
Do you own any ATM? If yes where did you got that? Can anyone get in to this business? I am interested in this. can you help me by providing any link?

Hi, You can create your business proposal on the website.

https://cryptobuyer.io/en/atm/

Cryptobuyer offers its crypto payment gateway services for Venezuela and is a network of ATMs that has installed ATMs in Panama, Chile, Costa Rica and the USA.
They also have a channel on Telegram.

https://t.me/CryptobuyerEn

You can have more information with the administrator.
JP
https://t.me/EstuCrypto

I hope it is useful!
15  Bitcoin / Bitcoin Discussion / Re: How Bitcoin Works in Really Simple Terms on: September 13, 2020, 06:40:05 AM
On the link "How Bitcoin works" there is a broken link.
In the following paragraph: Bitcoin holders can generate substantial income by depositing their Bitcoin to a Bitcoin interest account link

404 page not found
16  Bitcoin / Bitcoin Discussion / Re: Is bitcoin difficult to understand on: September 12, 2020, 11:55:09 PM
I would recommend a person who wants to know about  Bitcoin to create a secure mobile crypto wallet to get started.

Then I would teach he/she how to use a global exchange platform or local P2P exchange. That would be my A, B, C lessons because learning about Bitcoin is learning as you go and constantly learning.

Everyone who is new to Bitcoin seeks to collect as much of it as possible and learn how to play to save their capital.
17  Economy / Economics / Re: In COVID-19 everyone needs motivation on: September 12, 2020, 11:25:31 PM
As long as Covid19 is a danger, we must follow the prevention guidelines with optimism. We cannot be reckless and discourage ourselves, we must maintain the faith that we will be able to recover public health.

It is true that we have lost our jobs but in times of crisis there will always be something we can do. Let's take advantage of the internet to learn and be more creative.

If you know how to cook, offer your food by delivery or to order and you can earn extra money. And like that example there are many activities you can do. Only you have the power to achieve it and take care of yourself.
18  Other / Politics & Society / Re: More Support for Covid as Engineered Financial Reset on: September 12, 2020, 11:01:24 PM
I think the alerts from major players like the World Health Organization, China and the USA did not work properly and in a timely manner.

China seems to be struggling alone with its problem without warning of an unknown and dangerous virus in time.
I did not see the red alert from China to warn other countries.

USA the most affected country, Trump minimized the danger of the virus. Because we have already realized that Covid19 is devastating. We still haven't gotten out of it and we're already seeing a second wave being created.

https://www.google.com/amp/s/www.bbc.com/news/amp/world-51839944

Coronavirus confirmed as pandemic by World Health Organization

March 11, 2020
19  Economy / Economics / Re: 2020 Money is king Again Good news on: September 12, 2020, 09:15:59 PM
Money was created to meet basic needs.
Money is never going to be what matters most.
Education is one of the most important pillars of humanity and will be so forever.
It is true that we are seeing loss of values but what we must do is rescue them and cultivate them so that we never lose them.
We should not worship money, we just need to love God above all things.
In this pandemic, money became very necessary because we are in crisis and there are shortages. What we must do is manage it intelligently for our survival and if we can help to others. Let us not hesitate to do so.
20  Economy / Economics / Re: The Coronavirus as A Means of Financial Reset on: September 12, 2020, 08:10:11 PM
From the simple fact that China managed the pandemic and today it can declare that it is free of the virus. It causes me suspicions but as it is also true that not all the nations of the world have been disciplined to face Covid19 and resume their economies.
Covid19 is creating a second wave, while we are concerned about the virus, China does not have that problem. The internal economic growth in China if it could be a fact but not in the same way of external demand. Let's know more:

https://www.weforum.org/agenda/2020/07/chinas-economy-rebounds-after-steep-slump-u-s-tensions-weak-consumption-raise-challenges/
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