I will express a very simple thought - people are not divided into "poorly thinking" and "rich thinking".
There is :
- people who are satisfied with everything (poverty, average level, wealth in inheritance)
- people who want to live better. But these are divided into those who:
-- looking for ways and solutions to achieve the goal
-- looking for excuses why he is poor/unhappy/....
I think these statements lack more information such as under "People who want to live better." there should be people who try their best to live better but lacks the resources and assistance to do so. There are people, especially in the low-class tier that would do anything and are the most hardworking people, but they lack the resources or assistance to be able to go up even at least middle class. Well, in general, this is also said "- people who want to live better. + -- looking for ways and solutions to achieve the goal"  Although I still agree! It is foolish to deny that starting a "project to improve your life" with absolutely empty pockets, zero knowledge, without understanding how and what to do is more difficult than, for example, having at least knowledge! Of course, for such people, the path to a better life will be more difficult, more thorny. But this gives an advantage later - they value knowledge, diligence, perseverance, purposefulness much more highly, they have a higher level of "survival among their own kind." And what is important - they deserve a lot. At least they did not end their lives "at the bottom of the glass" or in a drug haze, hiding from difficulties The path the poor have to endure in this life is so harsh to the point that the rich might think otherwise if the tables turn against them. I like to face the reality as the privileges of the rich is the only reason why motivators would say they are better, whereas they only seem so because they have the resources under favourable environment. Why the Richs are always in a favourable environment and the poor is not? It's all on their mindset. When poor people have extra money they save it in bank account for later use or they buy things that gives them pleasure. This mindset keeps poor remain poor for rest of their life. Born poor is not your fault but not using available resource to get rich is your fault. |
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You can not stake in that POS chain but there are many centralized exchange that offers good APY for staking USDT, USDC, DAI like stable coin. Exchange will pay the rewards so it will not come from the network validation. Though centralized exchange offers a small amount of rewards but it's more profitable than sitting your stablecoin like a duck in your wallet doing nothing.
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If the OP information is correct then i appreciate what he did. It was noble of him that he told one of his relative to repay the loan. Negative tag should not be removed because this will make sure other will not be able to use that accounts on his behalf in the future.
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In many nations around the world, corruption is a serious problem. It is regarded as a weapon of mass destruction that has greatly damaged several nations' public and private sectors.
Several of the factors that contribute to corruption are listed below:
(1) Government size and structure
(2) Political system and democracy
(3) Institutional quality
(4) Economic freedom/openness
(5) Civil service wages
(6) Justice system, press freedom, etc.
In addition to all of the aforementioned factors, I believe corruption in society can be combated at a young age. This means that students should be taught about the negative effects of corruption in society and how it may influence them in the future, outside of the classroom.
When I was a student in the university, I recall that some of my fellow students who were given leadership roles in school organizations embezzled thousands of money into their own pockets. By this, I mean that some of the expenses for improvements to the school that benefited all of us which was mandatory to be paid by every students. Imagine if they had been exposed to millions or billions of money instead of only thousands of it at the time when they embezzled the money, I’m sure they’ll still embezzle more.
Most times, people like that are frequently given the opportunity to serve the public in elected office. When exposed to public finances, a person with a history of embezzlement will always find a method to make off with large sums of money. Before becoming a fully corrupt leader, everything starts in school at an early age. At that point in their lives, a mature individual who has corruption ingrained in their system will find it difficult to let go of it.
However, I believe that if the problem of corruption can be addressed at a young age, every country's degree of corruption will significantly decline in the near future.
Its mostly unemployment problem that is behind most of the problem in our society. People wants security that they will not get hungry if they lose their job or something bad happens to their economy. So they start increasing wealth beyond their needs and at some points they failed to resist themself from illegal activity even they wants to. If I have guaranty that my belly will be full no matter what my economical condition will be in the future then why would i do corruption? |
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Guy often tell me house is a force saving. By looking at the market today, full of scammer roaming around, and countless unsavoury characters and get rich quick scheme, jobless highly educated youth. I conclude buyhouse is not only a “forced saving” but also a “save yourselves”.
Having a big and luxurious house may bring you honor but it is not the best way of savings. House is actually not a assets if it's for you to use not for rent. It is a debt and you had to pay for its maintenance every month. Buy house for saving is the least best idea. Investing in something that's values is not constantly moving and that will get old and has to be maintenanced over time is not investment at all if its not generating income. |
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I know its a ideal hedge to overcome inflation. I can see how paper cash losing its values every year compare to gold which only increased against fiat currencies. Price of gold mostly stays stable or increase over time. It has a world wide acceptance and not volatile as much as bitcoin so i think its a safe investment plan for long term. People who just wants to tackle inflation gold can be a good friends for them in situation like this.
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I know another arbitrages trading bot that use two pair of the same coin. Like as an example: a users make two dex listing of USDT/BNB with the same liquidity. Now bots been activated and when someone makes a buy or sell from one pair then an auto trade execute in the other pair. That means when you are buying from one pair almost same amount selling in the 2nd pair which prevents any high jump or dump of the price.
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The only and most effective way to do that is not doing the same mistake again and again. To get rid of repetitive mistakes professional traders do keep a notebook or spreadsheet where they track down all of their trade records with the conclusion of the results. If you do that you can quickly rethink any already faced situation. Mistakes are normal but not making any progress by using them is laziness.
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I also think future of Tesla is brighter because mankind will surely fully convert to renewable energy due to extreme weather changes. Fossil fuel companies and countries depended on it will face a heavy damages to their economy. Apple is already out of a large quantity of people from the world. Cheaper but better quality phone companies become more popular in terms of use case.
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It is next to impossible to be fully converted to renewable energy right now. This will happens in the future but right now fossil fuel is the only option for mankind. Nuclear energy is costly and could be dangerous in certain circumstances. Solar energy is costly than oil and gas produced energy. Wind turbine is another option but most of the country will not be able to use it due to lack of suitable weather conditions.
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A little humor The best picture about Russian nonsense! A resident of Israel, Syoma, calls to his historical homeland in Ukraine, to the city of Odessa, to his friend Monet: - Monya, what do you have there in Odessa? - Yes, Russia is fiercely at war with NATO - Well, how are you doing? - Russia lost a cruiser, 65,000 soldiers, 250 planes, 2,500 tanks and some other little things. - What about NATO? — Oh, Syoma, you won't believe it, NATO hasn't arrived yet.  Apart from the United States and Turkey, none of the other NATO members even have a combat ready army. And the chances of NATO sending a large number of soldiers to Ukraine are low. They will provide weapons and funds, and that too for a limited duration. Russian and Ukrainian people will continue dying (both soldiers and civilians). And BTW, if Russia has lost 65,000 on their side so far, then the losses on the other side would be at least 2x of that number. Because even now in the artillery department Russia has an advantage. If all the nato members contribute 10% of their regular armed forces it will be as big as Ukraine total armed forces right now. There is a very low chance that NATO will send troops directly but there are already soldiers from NATO members country fighting in the war. What causes most of the problem for russian armed forces is the intelligence that NATO countries provided to ukraine. |
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Only lazy people will rely on governments help and if many people will follow what others did like asking some help then for those to come maybe they suffer from hunger since government action takes time since for sure this will have a delay due to more people seek for help. That's why we need to take action towards this and use our strength to find opportunity to earn money so that we don't need to wait for any help since we can sustain ourselves to buy the things we need.
I think the collapse of the currencies are also the fault of the governments. People blame them and they wait for the government's actions to solve the mess that they create but for some people who think are independent enough, they will try to look for ways to survive. Seeking for an extra job to earn more money can be one of the solution for this but it would be better if we prefer jobs which are paid by other currencies which aren't affected by the collapse. Cryptos are a perfect example for this. If it's not possible for some people to do that, then they can always work on the job they like and get paid with fiat and then use the fiat to buy a crypto. You are talking like there is enough job on the ground and no one wants to do it. Most of the countries is facing unemployment problems when some countries is short of manpower for industries. This unbalanced of population growth in the world created some typical situation to handle. Govt also been corrupted and they just don't care about people but to hold their power no matter what happens to the country. |
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With inflation (USD and other world currencies) like it is, we've actually been in slow decline for a while.
Other currencies is facing most of the torture right now because USD is getting strong against other native currencies when USD itself is losing its purchasing power due to hyper inflaction. Other currencies are hammaring from the both side. May be a mixed standard(gold, silver, bitcoin) backed stable currencies could be the way for getting out of these situation which most likely will never happens because of USA. |
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I will not start buying until I see $ 13,000. That's why I'm still in the waiting phase. I think we will see a new bottom. I think we can buy from here, but I think why should I buy high and lose the goods I buy. That's why patience and time are the most important concepts in this market. If you don't know how to be patient, you lose.
But you could be wrong, and your patience may prevent you from buying now, for example. 13k for bitcoin could certainly happen, but I think that figure is taken at random. Judging from the past highs, the bottom might have been there already, just at the last high and bitcoin is also at the bottom now. Every time I remember the story of 2020 when everyone was waiting for bitcoin at 1k, but the train left quickly. That's the risk if you are waiting for a certain amount, though it's also possible that we may see Bitcoin to that level in case the economy won't be able to recover, there are factors that it can keep the market to fall as investors will secure their money and will not hold much longer, in a situation like this where the market direction is uncertain and we do have a global issue with the economy, We might see more downfall, but for sure there's bounce back that will bring the market back on top and a possible to see new ATH in coming future. It seems to me that if there are still those investors who haven't sold their coins at this bearish season, it makes no sense for them to sell now. The best strategy for them would be to hold their coins. Most likely the weak hands have already left this market and the most patient ones are left. As for the bad state of the economy, I agree with you, but then again, probably the worst period is behind us. Upcoming event could test those patient ones nerve as there are more bad news on the way. Next CPI data release in december could trigger it. Also many people will be force to sell some of their holdings to pay of their yearly expenses. Some political tension like tactical nuclear attack on ukraine could spread panic in the market. Overall situation is not very friendly for BTC. |
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The bull run end of last year wasnt predicted but was still entirely possible as we had remained in the upper range of prices. Right now the fight is not to regain the top of the range but just not to lose a foothold keeping us at the bottom.
Main thing to note there is no trend in play, we cant regain anything as if elastic rebounding; it must be rebuilt from scratch here and its harder to do so. Old sellers wait in all of the 20k prices and 30k prices, this old volume is like tank traps in the road price cant proceed until its cleared. Possible, it will happen but not end of year we know theres energy required to proceed upwards & time.
You are right about the trap. There will be initiatives taken by whales to wash out these investors. Possibly they will do it the hard way. We could see panic spread through the crypto space which will cause another major crash. This could initiate and trigger panic among weak hands who will dump their bags at whatever price they could get. There could be some typical regulations for the crypto space. |
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These data clearly show a recession ahead. But the more people stop spending and start saving the worsen it will be. Less expense means less GDP. In the meantime, most people don't know how they will deal with the energy price hike in Europe. Many still talking about upcoming food shortages because of the disruption of food supply from Russia and Ukraine.
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Times are tough so ITS time to see where is main priorities becouse there is not enough funds.
But there is good news its best time to start trading becouse exchangers will be full of funds even the other life fields are out of funds such us energy sectors or health care.
Funds will be saved for exchangers and will make sure that they have a plenty of funds to supply short and long traders becouse its gona be very volatile Market.
The last financial resources will be holded for traders to keep markets liquid as FTX allready taking Care of the cash reserves.
While many other sectors dont get much of funding the trading sector looking good.
There is not enough funds so where all those funds goes that govt printing from last 20 years? I can see you are also talking about future trading but do you know where those liquidated funds goes? All those funds ate by exchanges. No exchange is short on funds and most of the exchange holds enough reserve to manipulate the market easily. Often you see big volatile moves from exchanges how those happens? Exchange are the makers of those fake volatility. |
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I think it'd make more sense to limit parliamentary officials expenses but then you'd have those same people taking free trips to places instead from companies.
If I have My way this is actually the first thing I will cut out from politicians. Its scary when ¼ of a countries budget goes to them as expenses but again who will actually make this law if not them and will greed allow it? There is so much imbalanced in our social and governmental structure that it's almost impossible to make changes. Most of the time one person holds so much power that no one can dare to challenge it. They just only think of themselves and every decision they make is right even that doesn't contain anything valuable for the society. Politicians should be from certain background of people who will have certain quality of skills. |
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Instead of worrying about who speaks what where you should worry about the bad advice the American military is giving your troops that is leading to their loss and destruction. 3 much needed aircraft were destroyed based on that bad advice trying to use million dollar planes to shoot down a $10k-$15k drone! At least one of them was confirmed to be hunted down by the very drone it was trying to shoot down!
Basically US is treating Ukraine as a lab rat where they test strategies they have been testing elsewhere and failing! They did the same exact thing in Saudi Arabia and lost half a dozen planes there too.
This war is not going to end as long as Ukraine is being treated as the "experiment field".
Americans do worry about the Iranian drones and are trying to counter them in anyway possible. During the recent few weeks, a large number of Ukrainian military targets were hit with these drones and billions of USD worth of American and European weaponry went up in flames. And as per available information, Iran has transferred hundreds (if not thousands) of drones to Russia and the latter has vast majority of the stocks remaining. These drones (Shahed-136) have been a game changer, similar to the role played by HIMARs on the Ukrainian side. Upcoming war will be drone based and human controlled fighter will be decommissioned. Iran already developed a lot in these sectors especially making kamikaze drone which is pretty much accurate in kill and you do not have much to do when you see it. Shooting down this bird size airplane becomes so hard and expensive. Most of the air defense system is also vulnerable to this system. |
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Economist find out this problem a long time ago. 100$ from 1965 is not worth 3500$ in current time. What can be worse than this. Your savings is losing money by its own and you can not do anything but to watch it. Many people think that we need to get back to gold standards which is not possible due to some external factors. What left is crypto in the field which has the potential to solve this problem.
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