 Last minute drawing to have my participation. Roobet Username : n0ne |
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Everyone who are used to cryptocurrency might've come across several conversations.
When someone asks you what crypto is, what will be your response?
Make the response to be short, it can be in a single line. There will be difference of view. My view on it
"Financial Freedom that lets me retire earlier"
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1. Absolute Hero of Good: Theymos
2. Golden Feather: DdmrDdmr, JayJuanGee
3. Bitcointalk Ninja: LoyceV
4. Bitcoin Geek: o_e_l_e_o
5. Event of the Year: Bitcoin Reaching ATH
6. Fail of the Year: 30% tax on Cryptocurrency by India
7. Discovery of the Year: n0nce
8. Best SpamBuster: Ratimov
9. Best ScamBuster: YOSHIE
10. Craft Master: yahoo62278
11. Antihero: Nil
12. Miss Bitcointalk: Sheenshane
13. Best Moderator: Hilariousandco, Welsh
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The Russian president Putin is using this war against the good people of Ukraine to bow to his plan and that they should not even think of joining NATO.
This is one reason, apart from this Putin wants to form the Soviet Russia which is the union of countries and be more powerful as the past. For now Ukraine looks like a hindrance as they weren't obeying the orders. This has happened after the new President Volodymyr Zelenskyy took rule of Ukraine. If he had behaved as a puppet as the previous president Petro Poroshenko now this couldn't have happened. |
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Nayib Bukele, El Salvador’s Bitcoin-loving president has announced plans to offer citizenship to foreign investors. This move could invite more investment projects like this series of reforms is a step closer to strengthening and reinforcing the country’s economy. Bukele announced this news through Twitter on Sunday, his tweet stated: I’m sending 52 legal reforms to congress, to remove red tape, reduce bureaucracy, create tax incentives, citizenship in exchange for investments, new securities laws, stability contracts, etc. The plan is simple: as the world falls into tyranny, we’ll create a haven for freedom. El Salvador Proposes Offering Citizenship To Foreign InvestorsThe latest news from El Salvador have rolled out. In this announcement it was said about the plans of providing citizenship to foreign investors. In the news it isn't mentioned specific about the cryptocurrency investors. Finally said El Salvador as the "land of bitcoin freedom" which prioritise the cryptocurrency investors. Other countries following El Salvador the are Turkey, Malta, and few countries from Caribbean. El Salvador President Nayib Bukele also planned to launch $1 billion in Bitcoin Bonds by the falling month. Through these funds it is aimed to finance the creation of the “Bitcoin City" |
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There is more bearish prediction associated with the Ukraine - Russia war. It is time to sell and wait for the opportunity to buyback. The price has been decreasing gradually everyday. There is no immediate drastic drop. Maybe some positive news can change the market movements, but it won't last long as the market used to correct after a price pumping. What OP has mentioned can be done unlike the market situation, because the real-time usage and the uniqueness values the project.
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Next in the list, Jamaica is getting close to the lauch of its CBDC. Among the Caribbean nations already CBDC is being launched by Bahamas and Eastern Caribbean. Now Jamaica have come up with Jamaica Digital Exchange which is termed as Jam-Dex. It has got a tagline No Money, No Problem. I don't find this tagline relevant to the cryptocurrency. Anyhow more and more CBDC are reaching the market, but this hasn't made any big changes in the market on the positive/negative side. Jam-Dex CBDC |
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Payments have been sent to all who qualified, this campaign is over you may all remove your sigs.
Thanks for the opportunity. Hoping to join in future campaigns. |
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It is said, long back itself this discussion law is under discussion in the parliament. Days back some changes were made and passed in the parliament. Now it is forwarded to the president for approval. Though this is not a big positive news, it is to make good changes within the country business development. If war begins it'll surely affect the purchase power, by that time bitcoin usage could give way to safeguard funds.
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Without doubt bitcoin is doing the purpose for which it is being innovated. Bitcoin as an alternate isn't much appreciated around the world, but it has gained importance as an alternate investment to stocks and forex. Lot of people have considered bitcoin as the primary investment over the bonds and fixed long term pension schemes. Maybe on its growth with time people find it difficult to spend as a currency though there is good level of acceptance for bitcoin.
Governments always blame it's decentralised accessibility as a prime reason for money laundering and other illegal activities. However they weren't able to have control over the network. Some countries have banned the usage and now studying the market to regulate the usage. As the governments weren't able to have control, more countries have begun to develop CBDC.
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This is just a suggestion. Maybe you can make some NFT associated with aircrafts. If the NFT is good in auction you might get a good value for it. Maybe some addition of more NFTs on the opensea market place can help with funding your project. Recently saw a bid for a NFT in the opensea which is on an old rusted car. |
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CBDC is completely different from the decentralised cryptocurrencies. Different reasons were stated for the need of digital dollar and a digital wallet. Will there be any supply limits on the digital dollar, if there is no limit then this will be same thing as the dollar we use through internet banking. The change can't be made immediately and within the timeline of 5-10 years of time something better will reach the market.
Whatever be the process involved, finally this will be under the control of the centralized body. Here also same thing as the banks will happen. For higher amount transaction we need to fill a lot of forms and make the transaction. So, intermediary still exists with these form of CBDC. Only advantage people get is the government backed, so any issues can be solved.
Will these CBDCs will support cross country transaction, because every country having their own CBDC needs a common platform where integration is being done.
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Russia being the fourth largest generator as well as consumer of electricity makes cryptocurrency mining possible. 46% of the electricity production is out of coal. There is not much of alternate source of energy production. Maybe something like solar energy generation could boost the mining, because depending on the climatic situation Russia used to be energy dependent. If it can create alternative, this will help Russia to be self sufficient in energy generation.
Bitcoin mining can turn to be a big industry, because of the cheap electricity and the favourable climatic conditions. Russia focusing on legalizing bitcoin mining also makes other neighbouring countries to take similar decision on bitcoin mining.
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Don't get into traps, because Meta who is the head of WhatsApp have already given a clarity that they are not into development of cryptocurrency. During the year 2017 they started working on Libra, later it got partnered with eBay, PayPal, mastercard and different service providers. Libra faced regulatory issues and it once again cleared that Libra will be launched only after the fulfillment of regulations. Further the same got rebranded as Diem to overcome the regulatory challenges. This year the project have been sold to Silvergate Capital. So far there is nothing with tokens related to WhatsApp and it's sister concern.
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Who among crypto lovers who do not know the coin doge. we all have had it. but we never if this coin will have such a good price as it is today. and we must be very sorry ever wasted this coin past time
All of us knew it. But not everyone is holding it. I think a few years ago before it had a flight to its peak, I've held it but was disappointed in its slow movement. Well, if I've just held it until the time it had the peak, I'd got more money. But that's okay. We all have different experiences and stand on the market and that's why it will just serve as a lesson. Dogecoin had a slow progress, and with the hype from Elon Musk it made a big change in the market. Further it came back again to the bottom position. Once after the hype people are much attracted towards dogecoin and the same is making it more stronger. Even though it is slow in its growth, people continued to use hold and it was in the top list of cryptocurrencies which shows its market is strong. Just like the dogecoin is the growth of tron, does that mean it'll fail? |
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No one can predict a project to give 100x 1000x within specific time period. It all happens without any external influence. The better choice for users looking to enjoy big multiples is to invest on potential altcoins and leave it for years, atleast for ten years. In my choice I prefer polygon, hedera, loom network, crypto.com coin. These are all potential altcoins with low price, buying at the market dip and leaving it for years will give good multiple and I don't assure it. I'm making this based on its growth.
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Nowadays people find it easy to create their own coins copy/paste the codes, write a white paper, make a roadmap. Finally they promote in possible ways and try to make the best out of it. What is this ? This is a new trend of creating tokens/projects associated with the incidents taking place. Same as that to grab easy attention it is named valentine.finance which itself a trap.
It is always good choice to invest into new projects, but we need to have the learning to understand which is the legit one and which is the trap. Else, it is always good to invest on the top cryptocurrencies.
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