Latest posts of: DapanasFruit

PROOF OF REGISTRATION

BTT username: DapanasFruit
BTT Profile link: https://bitcointalk.org/index.php?action=profile;u=2878632
Telegram username:@BlockMania900
Participated Campaigns: Twitter, Facebook
BSC address: 0x90269f0989C0e0C3E71ee4D0F3201A81620cbC47

What would happen if everybody wants to exchange for a real money?
You are looking at a scenario like a major crash...but even if there will be a crash not all will exchange their crypto to real cash because there are many who already understood well the cycle of cryptocurrency...in fact if there is a dip many are buying more because they are buying at a deep discount. You can never expect that all people will have the same mind or decision not unless there is someone programming them to do it like that...maybe China is developing that technology right now that they can just beam a message to all people and they gonna follow like a robot.

I consider it not fair to mine cryptocurrencies?
So you are against mining? Mining is an essential and integral part of many cryptos especially Bitcoin. And since we are not the real Satoshi there is nothing we can do about it. By the way, you can be a miner too so you can gain the upper hand on this "problem" you are thinking about.

If it is so good why there is a need for exchange rate to the real money?
It would be a lot problematic if people can't be able to exchange into real money. Well, there are now many merchants accepting cryptos so if you want to buy there is no need to convert into real cash anymore. The beauty with the current set-up is we have choices...the more choices the better.

Why recently I needed to block about 30 phone numbers constantly calling me to invest money in cryptocurrency? Is it going to finish soon because of having problems not to be fed this pyramid game with real money?
Scams do exist even without cryptocurrency and people back then were using the US Dollar or the fiat money of their countries...but at that time nobody would ever think that just because scammers were using the US Dollar that the dollar is also a scam...yet today many have this kind of thinking that Bitcoin is scam because scammers are using it. You should never entertain anybody calling you to invest using cryptocurrency because no legit investment firm will do that not unless you initiated a connection with them.

I am from Asia and many of the countries here don't have the fundamental problem with cryptocurrency and they are allowing their people to hold and trade Bitcoin...except for China and North Korea, of course. While many countries don't have a formal laws specifically made for the cryptocurrency industry, many are looking at Bitcoin just like forex. I am expecting that in the coming years, many of these countries will be able to look at cryptocurrency and be a part of the bandwagon when they can see the economic advantage of it. In the meantime, short-sighted countries may ban Bitcoin and will not allow related business to flourish but we are hoping it can be changed later on. As to the full list of countries allowing Bitcoin, just go and search for it in Google.

No one will ever get into something without getting something in return. This is one of the many laws that human nature has adopted into since time immemorial. Heck, even if one is into charitable kind of thing, there are things that one is expecting to experience in doing such...now how much more in Bitcoin which is now a financial instrument? We all want profits because we have many things we want to buy, pay and plan to do in life. And there is nothing really negative with this mindset and if there are, then those are just imaginary or maybe temporary in nature. Bitcoin will never survived until now if this kind of mentality can stop something from growing...and if it does then that something is actually weak in itself and could not survive in a competitive environment in the first place. In fact, I would say that this can be a big test to any asset in an open trading market.

NFT in general is here to stay but with the way things are happening right now when anyone popular or not can actually be selling his/her own NFTs...there will come a time when the whole market will be shaken and only those that are really valuable will stay. I don't still fully understand how an obscure image of a rock can be commanding high price and yet a beautifully made painting will be performing mediocrely - of course the answer can be because of hype and hype will not last that long. Soon people will be asking the use=cases of an NFT or what will they be getting out of it aside from waiting for it to appreciate.

Quote from: MinoRaiola on October 01, 2021, 08:17:26 PM

Really nice that he publishes so much information. He doesn't have to do this, and he has important things to do, but the successes are great for Bitcoin. I'm sure some other countries are watching it and they are starting to get angry. Fomo for sure! The first one to come has the most success.

Yes, and for that we should be making this president another big hero for Bitcoin. President Nayib Bukele pioneering the adoption and legalization of Bitcoin in his country El Salvador but the story does not end there because there are many associated business that can be exploited relative to the coin. I am expecting that soon the country can also be welcoming fintech companies to be based in the country. So maybe there can be some exchanges to legally operate within the country and can take advantage of an active South American market. The opportunities are endless and once there can be many people to be employed by these businesses, other countries will surely noticed of them.

This is the biggest landmark for Bitcoin, being deflationary which is also connection with it being a good store of value. While we are all rooting for Bitcoin to become primarily a currency to be used for everyday transactions, we can not forced its implementation and this is also because people are holding on to their Bitcoin...why would I be using it to buy a coffee when I know for a fact that soon it will increase it value? Soon, Bitcoin will really be recognized for this job alone, that of protecting us from inflation which is getting to be unescapable these days along with taxes and death.

#PROOF OF AUTHENTICATION

Forum Username: DapanasFruit
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=2878632
Telegram Username: @MangoCoinz
Participated Campaigns: Twitter, Telegram
BEP-20 Wallet Address: 0x90269f0989C0e0C3E71ee4D0F3201A81620cbC47