Best way to describe things, went through the list again to see if maybe some tropical paradise is there that is flooded by tourists despite the overall look of the country but I couldn't find one, so indeed 4 digits it is.


Of course, it's purely theoretical, nobody living on a minimum wage will ever be able to get a full Bitcoin unless he's forced to do so by some rich parents who will then write him a check of a few million. If some poor guy in India is clutching his pockets as much as he can he will still not be able to put more than 25% on the side even going through even more sacrifices, thus needing a few more lives to finally get one BTC.

The thing is I got tired of the normal stuff and tried something else, and, I have a better idea, I won't be able to make the data so it will be community driven but it will be way funnier, and from my point of view more interesting that talking all day about DCA, ETF when and such stuff.

Zero, why?
Because Satimoto doesn't own a single charging station!
Because those charging stations don't accept Bitcoin directly but through their app which converts bitcoin with cash.

So it's like saying Walmart accepts Bitcoin because you can pay with a Binance Visa card funded with bitcoin.

Imagine how this sounds for a European who pays double the petrol and diesel cost since half of the price is just taxes!

It's pretty simple your country can't afford to pay the subsidies anymore, I can guess it's Nigeria??
Same thing anyhow, you can't offer subsidies if the returns are not worth it just to keep your people happy, In Venezuela, and Iran, at one point you run out of money, and then you have to face the reality that you were just wasting taxes to keep the population under control.


Subsidies can be also toxic leading to a country paying more to produce something than it would have had paid by importing something and simply paying a normal wage to the workers employed even if they won't be doing a thing
Sometimes agriculture subsidies go so high that with all the insurance and damage relief included they are over the actual price of the product.

Yeah, I've read!
I didn't find any trace of "good deeds" but found a District of Columbia tax fraud lawsuit, SEC investigation and settlement, and so on!

Can you again point to the good deeds he did for humanity?
Because if you say investing in Bitcoin other people's money you borrowed is a good deed then why is it not investing in Walmart shares also a good deed?

Their predictions are....CRAP!

https://cointelegraph.com/news/bitcoin-price-to-hit-100k-in-2021-or-early-2022-standard-chartered


https://www.cnbc.com/2022/12/05/btc-bitcoin-could-fall-to-5000-standard-chartered-predicts.html

Then why the hell do you bring up religion every time in the discussions, not just here but in your other topic as well, just stop with this, everyone is getting tied to religious beliefs getting mixed in everything and just stirring the pot like this won't get you anywhere, as we all know what's the target is here.
Want a piece of advice? Stop trying so hard!


That's the first thing I thought about when I saw the title, and based on life experience in 2-3 years we're going to call Saylor Judas!
And btw, even Satoshi shouldn't be named Jesus, he's the creator so more like god, but the whole thing is just stupid, Bitcoin can't work without internet so how would you call Tim Berners in this situation?


Good deeds to humanity? You must be joking!

Stompix was sunbathing for 3 days on the Dalmatian coast in this ravaged Europe with the beaches full, the clubs and bistros, the airports full, the roads full of people enjoying a holiday. Everyone sees doom and gloom I see spending and people moving around more than ever.

Spain has just broken the 2019 pre-COVID record on arrivals and people talk about how shitty Europe is, but everybody wants a piece of it.
https://www.travelwires.com/may-2023-witnessed-spain-achieving-a-new-record-with-8-2-million-tourist-arrivals
I wonder why millions of people are drowning and getting killed by human traffickers to end up in this region. Must be the bad life we're having compared to Africa.


One euro was worth 69 rubles at the start of 2020, it's now worth 99.
I want more of this trouble when the thing I have actually increased in value!


That's a bad way to look at a currency, it takes just the value of one unit compared to the other.
By that logic, the Turkish lira is better than the yen and the Pakistani rupee than the South Korean won.

Anyhow, another topic on how the euro and the EU will die for the thousands time, but this time it's for sure.

While most people think of Star Wars and I, Robot when it comes to robotics, most of the money flows to these:


Screencapture is from this video.

Robotics doesn't mean only human robots, it means robots that right now actually build modern things you see around you, factories are full of them from the ones doing complicated tasks in creating electronics to ones slicing salami and packing Doritos, all are robots .
And the difference between the numbers invested in this industry and cryptos are just a world apart.

As many others before, do you realize that the said USB miner is using ASIC chips, the same as on an S9?
That tiny USB miner everyone laughs about is way better than the first ASIC Bitmain launched and can still compete in terms of raw hashrate with their second model , the S3, which does 440GH/s while the Compac F usb miner gets 300+.

I don't understand why people are fixated that much on the USB thing.
If you slap a modern ASIC chip on an usb miner it will have the same characteristics as an ASIC, the only limitation is that you can barely fit one while with a 3000w miner you get 3 boards full of chips.


If he's looking for profit, buy the s19, but be careful if you can run it at all in your house;
If he's looking to experiment with a miner for fun and not thinking of money buy a used old miner from two or three generations ago.
If he's just looking for a novelty item and a fun quiet thing with no money involved, yeah, the USB miner might be a thing.

https://www.pymnts.com/news/b2b-payments/2022/81-pct-firms-still-use-checks-to-pay-businesses-at-least-occasionally/

2023 and 2022 surveys, so checks are still in use!
Of course, is not like before but when a single company has over 100 locations in NY alone for cashing checks there still must be demand.


You can use WU without an account, just like most international money transfers.

You've spent to much time in the shitcoins section!
It's not crypto, it's not an altcoin, it's not some random ICO, it's a payment system just like many others created by the Federal Reserve!
Leaving aside centralization and of course not having control over your money this is far more legit than any altcoin in history!


It might not sound like much to us but for Americans who still cling to checks, it's going to be big.
Of course, Bitcoin won't care but when it comes to the so-called stable coins, for them this might be a bit different since fiat will get just as fast as cryptos backed by fiat, so...

Well a .010 BTC goal would just make the stats /x10 and keep the same.

All statistical data can turn to be useless if you think it's not taking into account every aspect. For example, let's add rent, but why add rent if people live in a country with 90% homeownership? Let's add food costs but what about the ones that grow their own crops?
How can we even define the minimum needs others have and from this how can we expect what their goal is as it would be different for each individual not by country?

It's a funny stat, I like it because we always talk about Bitcoin crashing and ending up working for McDonald's instead of buying our island so this is a glimpse at what's waiting for anyone relying on it!


But you can agree that's far easier for someone in the US to get his hand on 30k than from a guy in Madagascar!


And maybe that you have to also get out of that country just as fast as inflation rises?   


Data is from 2022 and was expressed in $, so taking into account the euro was stronger that's why the difference now since I made the target in $ also. The same parity shows now a minimum wage in Greece of 809$ euros if we backtrack but use the current exchange rate.

I wanted to ask a few days ago but I'm buzy traveling around, do you have any additional or lets call it insider info on this kuwait ban that has made the news?You're far more familiar with the stuff there, would this ban even if enforced bring some serious change to the diff or we're talking about max 1-2% ?
Kuwait had some real cheap energy and since they did go an call out a ban I suppose there were a few there.

You mean this part?

I hope they don't invent a punishment like getting as many lashes as the price of bitcoin is in their currency!

But they do have cheap energy, and a ton of it, the climate is not that great but with nearly free energy you can afford cooling too, I will see if our fellow miner knows more about this.

It's just as informative as it is right now, after all, it can be both ways, if I had made this 2 years ago the numbers would be double, if half a year ago the numbers would be half. Basically there is no right time to make it!


The moment we can't keep track of how much bread is it's the moment we stop caring about what 80 years of work might bring you, right?  
It would be fun to revisit this in a year or two.


I guess Switzerland is missing Germany on the no minimum wage list too!


Talking with zero information on this, so complete assumption but I think nobody is actually working on that wage either. Something like in Belarus, where there is no unemployment because the unemployment check was something like 10$ a month so nobody came to register as unemployed, the country had full employment. Here there is a minimum wage because that's how much the state thinks it can pay, not that they are actually working for this.


And what do you think will change?
Do you think people will stop working on a minimum wage, that the minimum wage will earn you a good life? Do you think there will be no poverty? We had the gold standard for a millennium, did any of those disappear while it was used?
How could BTC change this for everybody in this world?

If I would have done I would end with the same garbage PPP.
No, the rules are simple, you flip hamburgers, you stay in the local church basement, you dress from the salvation army and you eat leftover hams!


Same thing as with the other issue, some numbers were from monthly minimum wage to some daily wage, so for some countries, you will need to do a *7/5 thing to get the actual time it will take since those numbers in the table are including resting days when you don't work!


Yup, around 2300 euros per month.

You're generating s****! Not with your script that is so poorly configurated it shows stuff like this:

Right here, on this forum maybe?
https://bitcointalk.org/index.php?topic=5355470.0


Why not? If the USB miner is using bitmain S9 or s19 chips, what's stopping you from mining?
You need to differentiate between a CPU or GPU which are standalone units and USB which is a standard for connectivity.

And you're going to work every day of the week, 30 days out of 30? 
The table takes into account the maximum working hours also, it's derived from the minimum wage a worker can get with the minimum required of work a week. So it's (1635564/610)*7/5 so 3,753, pretty close to the table at 3,862.

Yeah, I should have added it includes resting days but the title won't let me so I'll add in the OP!


I intentionally left out a few countries from the minimum wage table where there were * about the rates and the numbers really didn't seem right, but in most cases when I saw them around countries in the same region and roughly the same GDP per capita I let them slide.
I have serious doubts about Argentina now that I'm double-checking the ranking!


The sad part is that Bitcoin won't change a thing cause, as you can see it's not the poorest of the poor in poor countries that can afford to invest enough to change their life ina meaningful way!

I think your Uber Eats driver got your wrong order of mushrooms!
That or your cat cracked your windows password again!