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721  Economy / Economics / Re: Global debt soars to 356% of GDP on: February 20, 2021, 11:46:54 PM
I am concerned when countries get into debt because the economic crisis begins to tighten strongly. But thank God, in any part of the world there are working hands that love their countries and blessed with a prodigious land that in the end can reap abundant fruits to get out of debt.
I always think that there are difficult moments and other very good ones. Hopefully in this new time we can see everything we have sown and that the most vulnerable people reach benefits.
722  Economy / Economics / Re: Fiat and cryptocurrency on: February 20, 2021, 11:34:41 PM
I agree that bitcoin proved that it could succeed during the pandemic. Not only that, it also drew attention to large investors that it is ready for the future. We have all realized that traditional banking systems are obsolete and that governments print money causing more problems than solutions.
This is how bitcoin convinced it to be the best asset to invest in.
I remain optimistic innovation will come soon now that our world is more digital.
723  Economy / Economics / Re: Nigeria led global crypto adoption in 2020 on: February 20, 2021, 11:22:20 PM
Excellent by the Nigerian bitcoiner community for their perseverance and that they have not bowed their heads to the power of their rulers to ban bitcoin.
If the solution to their economic problems is bitcoin and cryptocurrencies, why take away the right to choose their best resource?
Nigerians are using their best tool in these times of crisis. Like any of us, we use bitcoin and crypto to help fix our economy.
724  Economy / Economics / Re: Financiers would never invest in bitcoin? on: February 20, 2021, 10:51:35 PM
I think that other financials based on bitcoin and some altcoins have been created and that is the reason why we are seeing this boom.
We are evolving from traditional systems to the digital system that offers us bitcoin and cryptocurrencies.
I have seen testimonials from the great investors who went through the entire current finance system and realized that bitcoin is the best asset for safeguarding capital.
The transformation is happening, perhaps we will see two worlds who adhere to the traditional and who seek to innovate with Blockchain technology.
725  Economy / Economics / Re: Use of cryptocurrencies, a concern – IMF on: February 20, 2021, 10:36:40 PM
I am concerned about the IMF because until now it has not learned about bitcoin and what it has achieved.
I have no problem using a centralized or decentralized exchange. KYC is not a problem for me because it is necessary for my P2P transactions.
I think it will not be a problem for bitcoin if the IMF tries to review the concerns of the central bank of Nigeria. I think that bitcoin deserves an exhaustive and verifiable reversal of the solutions that people who invest in it are looking for.
726  Economy / Economics / Re: Nigeria will overtake India in P2P on: February 20, 2021, 09:59:48 PM
I am glad that Nigeria is leaning on the P2P trading bitcoin market. Because it is a solution when you live in a country with economic problems and that the rulers do not provide support to the community without a bank. That is why bitcoin is widely accepted and a solution for many, especially young people who want to secure their future.
The statistics indicate this and the response of Nigerians to the most recent ban to bitcoin by the Central Bank of Nigeria.
One possible solution that Nigerians found is not to use centralized exchanges.

https://www.coindesk.com/bitcoin-cant-be-stopped-nigerians-look-to-p2p-exchanges-after-crypto-ban
727  Bitcoin / Bitcoin Discussion / Re: Has Bitcoin Failed as Money? on: February 20, 2021, 09:32:17 PM
I am not concerned that I cannot use bitcoin for small transactions. So I could hold bitcoin for longer. Now I think of bitcoin as a long-term investment because I have used it for the education of my nephews. While I'm using a low-fee altcoin for my daily needs. We are in our prime and I would like to see what developers are building for the bitcoin community.
For the future it would be nice to pay with bitcoin with low fees and fast is what we are always looking for.
728  Bitcoin / Bitcoin Discussion / Re: Bitcoin hit 1M on Twitter on: February 20, 2021, 08:39:56 PM
Every time I see trending bitcoin on Twitter it is always because of good news.
We are lucky because we believed in bitcoin at all times. Now it is up to the big investors to play a good role so that bitcoin is the most important digital asset.
Soon we will be able to see the scope that bitcoin will have in industry, real estate and technology.
It is exciting to see how the bitcoin community on Twitter manifests itself, it is as if we were one family.
729  Bitcoin / Bitcoin Discussion / Re: Remember today's date 19th Feb, 2021. BTC crossed $1 trillion marketcap on: February 20, 2021, 10:42:03 AM
I am glad the news. Because it has been a long road that bitcoin has traveled with successes and mistakes. Some did not believe in bitcoin that it could achieve it and now we can verify it. I have great expectations about investment companies and all the innovation that they will bring us.
We are shifting from traditional investments to bitcoin investments with a view to transformation.
It is a future with great challenges, I hope that we are all included.
730  Bitcoin / Bitcoin Discussion / Re: If most of Bitcoin is owned by few it cannot be a store of wealth for all on: February 19, 2021, 09:56:54 PM
I think that bitcoin can be useful for everyone. But obviously those who have accumulated more bitcoin will obtain more profits.
An important thought is that bitcoin and what other cryptocurrencies protect us from inflation.
It is true that when we experience a bitcoin bull run like now, the fees are excessive and the safest thing is that we hold bitcoin and use another cryptocurrency for our daily needs.
At the end of the day that is what we seek to keep bitcoin as a store of value. In the most recent news we have seen large investors who own wealth and have turned to bitcoin for the opportunity to invest their capital and protect them.
731  Bitcoin / Bitcoin Discussion / Re: Some important tips about the bitcoin market on: February 18, 2021, 11:55:52 PM
Investing in bitcoin is taking risks.
The invested capital depending on your possibilities.
Do not abuse your limits when investing.
If you think about bitcoin, you should be aware of its behavior in the short, medium and long term. Because now there is a lot of interest in large investors in bitcoin and they are buying and their mission is to protect their capital for the future.
Relax, do your own safe-site search, and join the party.
732  Bitcoin / Bitcoin Discussion / Re: Dubai's IBC Group makes largest investment in Bitcoin's history on: February 18, 2021, 09:02:36 PM
Miami Mayor Francis Suárez's new plan was effective.
Without a doubt IBC Group a landmark U.S based real-estate has approved this idea and has joined the bitcoin revolution.

Miami Mayor's vision is grandiose and timely right now that bitcoin can create a major technological momentum that would have dual effects boosting its economy and leading as a tech city.

Quote
Cities like Miami, we're trying to attract tech town. It's part of a larger play to position Miami as one of the most tech-forward cities in the country."

If anyone had thought that bitcoin has not demonstrated use cases. Now you can see that this is a small sample.
733  Economy / Speculation / Re: BTC HIT $50000🎯 on: February 17, 2021, 11:53:46 PM
Quote
"I do think we see $ 100K in #btc before year end. It's just a supply and demand situation, ”says @Scaramucci on #bitcoin

https://twitter.com/SquawkCNBC/status/1362039361445969920?s=19

Everything indicates that we will see bitcoin at $ 100 K as the specialists say. Bitcoin has resisted and finally convinced many. I think that what prompted people to create this rebellion for bitcoin was the government's actions to print the money in order to readjust the economy. The solutions are not working, the system is rigged and a new perspective has arrived that calls for an innovation reform.
734  Bitcoin / Bitcoin Discussion / Re: Why do ordinary people feel afraid of Bitcoin? on: February 17, 2021, 11:18:02 PM
Totally agree as some think. People are afraid to invest in bitcoin because they don't know how it works.
Despite the fact that several years have elapsed since its launch, many things have been speculated around it that have not allowed bitcoin to demonstrate that it is capable of being used for the well-being of the people.
Bitcoin has been used as a reserve asset, investment fund, charitable aid funds, as a means of payment in e-commerce stores, and more.
But not everyone knows. The use cases of bitcoin can be infinite and we are in the stage where they will be further developed for the community.
735  Bitcoin / Bitcoin Discussion / Re: Jay-Z and Dorsey Bitcoin? but why on: February 16, 2021, 05:46:26 AM
Jack has stated on several occasions that the future of Bitcoin is centered in Africa. Now with this announcement he confirms his commitment to work directly with the region. This is good news for both regions that will benefit Africa and India for ₿trust to fund Bitcoin development.

There is great technological potential in both regions, it only remains to bring together the best candidates for the project.

This is undoubtedly a great initiative that encourages the empowerment of people who need it and a source of inspiration to other people to invest some of their wealth in sustainable solutions over time.

https://twitter.com/jack/status/1360114881978982403?s=19
736  Bitcoin / Bitcoin Discussion / Re: America's oldest bank support bitcoin holding on: February 15, 2021, 11:31:42 PM
I agree with you, Wenbing.
Traditional institutions must innovate and the best time is now. BNY Mellon will offer its clients the financing service of bitcoin and other cryptocurrencies because as there are already firms that are offering this service they feel obliged to participate.

If we see it this way, as more users become interested in bitcoin and cryptocurrencies and use other different means to acquire their digital assets, they are ceasing to use the financial system of traditional banking, which sums up a loss for them.
737  Economy / Economics / Re: The recent rise in prices, temporary or more long term? on: February 13, 2021, 11:48:45 PM
There is a lot of optimism and I think that this bitcoin bull run is totally different for these powerful reasons that the following article says:

https://www.nasdaq.com/articles/bitcoin-2017-vs.-2021%3A-how-this-bull-run-is-different-2021-01-22

I would like bitcoin to continue its upward race and humanity can take advantage of the full potential that the network has.

Although Bitcoin needs more development, use cases and to be more accessible to everyone, the most prominent advocates of bitcoin are thinking of creating solutions.
738  Economy / Economics / Re: In crypto everybody pay high tx fee, no matter rich or poor people on: February 13, 2021, 11:27:57 PM
At this time we can realize that ETH has high fees, some argue that it is due to network congestion. That is a setback that some of us suffer from who have to turn to other altcoins in search of saving the cost of fees. That could be a reason to invest in another altcoin that offers all the benefits of ethereum and a bit more.
While hodl bitcoin my P2P exchanges with ethereum are suspended and I have replaced it with dash.
739  Economy / Economics / Re: Mastercard Bitcoin Global Adoption? on: February 13, 2021, 11:05:41 PM
Quote
Doing this work will create a lot more possibilities for shoppers and merchants, allowing them to transact in an entirely new form of payment.

We did it! Be proud that we are a community that has power.
Our interest in cryptocurrencies allowed this change, the statistics of Visa and MasterCard said that we bought bitcoin and crypto and made them react. Why do we need a credit card when we have a dapps and a business that accepts payments in crypto? We are disrupting all the money.
740  Economy / Economics / Re: Covid-19, Lockdown and repercussions on: February 13, 2021, 10:36:01 PM
I am sorry for the situation you are facing due to the protection measures for Covid19. Do not feel distressed think that soon you will leave the confinement. Look for God in the Bible, he will give you peace and tranquility and you will be filled with joy.

I will share my first impression when the lockdown started in my country (Venezuela). I felt a lot of terror, I felt that the world would soon end and that I had an enormous responsibility to take care of my family, although I am a person who frequently suffers from allergies I could not send my mother to buy groceries, I should do it at all risk and with God from my hand and I did so until now.

Fortunately, I have not been infected, but my immune system has suffered but daily I look for a way to strengthen it. Only faith in God that everything will end is what makes me strong and I do not look at my confinement with concern because I know that I am a person vulnerable to the virus.
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