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1  Other / Politics & Society / Re: How pessimistic do you feel about the new year of 2023 ? on: December 30, 2022, 08:01:43 AM
2022 is an extraordinary year. Because of this, we have infinite expectations for the upcoming 2023. The haze of war dissipates with the new year. Global economic growth next year will lack momentum, but inflationary pressures will drop a lot.
2  Bitcoin / Bitcoin Discussion / Re: Will Crypto survive? on: December 12, 2022, 07:21:20 AM
FTX went bankrupt because of their own improper supervision, which will make other projects pay more attention to their own problems, and from this we can see the strength of Bitcoin.
3  Other / Politics & Society / Re: Where would Twitter go after its takeover by Elon Musk ? on: December 08, 2022, 07:02:47 AM
As a businessman, Musk is willing to invest so much money to tell Twitter that his plan is very big. It is obvious that the number of users on Twitter is quite large, and the returns he can bring far exceed his investment funds, which may bring Twitter to a greater direction.
4  Other / Politics & Society / Re: Power Or Money ? on: December 06, 2022, 08:24:29 AM
Power is more important than money. According to my measurement standard, I think so. Although a huge amount of money can give people enough sense of security, what I want is a sense of accomplishment.
5  Other / Politics & Society / Re: Were we just kids or have times changed? on: December 06, 2022, 07:18:07 AM
When we were young, we were carefree, because we all had the protection of our parents and didn't worry about money. When we grow up and have the ability and sense of responsibility, the burden on our shoulders is getting heavier and heavier. Now I have to rely on my own hands to understand how hard-earned money is.
6  Other / Politics & Society / Re: How do we raise our kids in this kinda society on: November 10, 2022, 08:46:26 AM
There is darkness in the society and there will be light. We must give children the correct guidance, not be absent from their growth, smooth and good values, and the family plays a very important role in the growth of children.
7  Other / Politics & Society / Re: Do you have anyone you trust? on: November 10, 2022, 08:29:17 AM
Happenings around the world currently are making me feel that nobody is trustworthy. Some persons are very fortunate to have persons around them to whom they can entrust some valuables in their hands and they are guaranteed that those valuables are in safe hands. The world is gradually losing trustworthy and faithful men. Now you don't know who to reveal your financial and other secrets to because of fear of the negative consequences.

Materialism and selfishness is now the key driver of people's actions and most people are ready to go the extra mile to become wealthy or become comfortable. Humanity has lost the virtues of pity, mercy, or compassion and has embraced pride, covetousness, and an unquenchable taste for money. I can across some of these stories and I am just imagining who one can trust.

1. Mother encouraged his elder son to kill her younger son for money rituals : A suspected internet fraudster confessed to security operatives that it was his mother that encouraged him to kill his younger brother for rituals that would make his fraud business prosper. He poisoned his brother and with the help of his mother they harvested the needed body parts that would be sent to the witch doctor for the rituals. He was arrested by security operatives during a stop-and-search operation. 

2. Woman killed and beheaded friend for money : A devout Christian woman killed her friend and decapitated her body because she planned to forge her dead friends will. After killing her, she arranged a will document that leaves 95% of the deceased wealth to the killer. The killer wanted to repair her house and she knew that her friend had the money because they had a close relationship.

3. Man pushes son off a cliff to claim insurance : A man was executed by the government because he staged an accident in a mine to enable him to receive compensation from the company. He murdered his son and planned to use the money to repay his debt and impress an extravagant woman he met online who always asked for money.

4. Wife accused of killing her husband for insurance money : The accused hired an assassin to kill her husband because she wanted to claim insurance money. After the killing, the killer and the woman rearranged the crime scene to look like a robbery and the woman instructed the killer to remove the hard drive of the house CCTV, but she didn't know that the camera had a memory card as backup. The neighbors of the family testified that the couple had three daughters and it was a peaceful and loving home.

5. Husband kills wife for money: A man shot his wife, locked the door, went to his office and later called the police informing them that his wife is in danger. He did this because he knew that his wife registered him as the nominee of her life insurance policy. He wanted people to believe that his wife was killed by thieves so that he can claim the life insurance benefit.

Money was the root cause of all these crimes. For me, nobody knows about my financial status except my wife. I think she is trustworthy. Do you have anyone you trust?

The reality is so cruel, some people just can't fully believe it, but they can't deny everyone, there is still beauty in this world.
8  Economy / Economics / Re: How much longer until paper money is no longer in circulation? on: November 10, 2022, 06:53:45 AM
There are talks among the world's major central banks to begin the creation of their own digital currencies (Central Bank Digital Currencies for that matter). The launch of Bitcoin, and the widespread popularity of "De-Fi", has led governments to act fast before they're left behind the game. They know they can't beat Bitcoin, so they will try to be in-par with it by launching digital currencies of their own. The average person won't notice any difference with the new digital cash system, as everything would be the same as using a credit/debit card.

I'm beginning to question whenever CBDCs will be able to replace paper money for good, or will it co-exist with the old system? After all, credit/debit cards didn't manage to replace paper money when they launched. For being in the 21st century, I'd say paper money should be phased out as soon as possible. Everything should turn digital, as we live in a digital society.

How long do you think it will take for paper money to be phased out for good? Will CBDCs be able to replace not only paper money but also credit/debit cards? Your input will be greatly appreciated. Thank you. Smiley
I don't think so, just like the current Ukrainian-Russian war, if the paper money is eliminated, once the war restricts the network, then they will face death directly, without any resistance, it will be a nightmare.
9  Economy / Economics / Re: 6 billion to solve world hunger? on: November 11, 2021, 06:10:54 AM
Based on this article [1] there're 811 million people worldwide still lack of food, so 6 billion/811 million is $7,39. I don't think with such amount will solve world hunger or even Musk give more money, still it doesn't resolve the cause of world hunger. Lack of skills, poor money management, bad income distribution or lazy are the cause of world hunger. Teach a man to fish, rather than give fish.


[1] https://www.actionagainsthunger.org/world-hunger-facts-statistics
I think what you said makes sense. In terms of donations, they may only be able to solve part of the superficial problems. They may return to their previous hungry environment after only a few meals. They need to solve the problem fundamentally. Letting them use their abilities to satisfy their food and clothing and teaching them how to make money is also the best way to save them. If you want to get some satisfaction, you have to work hard for it.
10  Bitcoin / Bitcoin Discussion / Re: My Challenge with small investment in bitcoin on: September 27, 2021, 06:26:26 AM
I believe you will succeed! When most people are unwilling to invest in Bitcoin, it is when the price of Bitcoin is rising. When people are anxious to see that Bitcoin is still rising, they will lose the ability to think and buy Bitcoin! This is the thinking of the giant whale!
11  Alternate cryptocurrencies / Service Discussion (Altcoins) / Re: How to Earn While Holding Crypto Assets on: September 23, 2021, 08:41:50 AM
You can consider holding a currency that can be pledged for mining, and you can also earn money while holding it!
12  Economy / Speculation / Re: What make people panic sell? on: September 22, 2021, 09:51:43 AM
People always like to be dazzled by impulse. This is common. When people suddenly see negative news about Bitcoin on social platforms or on TV, they often impulsively sell Bitcoin to protect their wealth from fluctuations. , And the chain reaction of this kind of thing is often huge, which will make other holders carry out the same selling!
13  Bitcoin / Bitcoin Discussion / Re: Do you believe BTC can be attacked? on: September 22, 2021, 08:45:16 AM
When you think btc is insecure, you don’t need to know too much about whether there are loopholes in smart contracts, because people all over the world are buying btc, which is enough to prove that smart contracts are not vulnerable to attacks, and all currencies are It makes sense to regard Bitcoin as the king of cryptocurrencies!
14  Alternate cryptocurrencies / Altcoin Discussion / Re: Would like to invest more than $20k. Which altcoin project? on: September 18, 2021, 08:52:47 AM
It is not recommended to invest in any project of altcoin in the initial stage, especially if the investment is large. This is due to the fact that the community was not established in the early stage of altcoin, the consensus is not clear, the project party may not have a large pattern, and the contract code is not It is confirmed that there is no problem with the deposit, so it is recommended to invest in mainstream currencies, or altcoins that have a long issuance time, a stable community, a safe contract and are optimistic about the future development!
15  Economy / Economics / Re: What’s consensus? on: September 18, 2021, 08:06:53 AM
Consensus is that I think the blockchain produces the most powerful product for mankind. Virtual currency can make investors who never know each other reach a consensus. When the investors of the currency have a consensus, the currency seems to have life and faith, just like People's perception of Bitcoin, when Bitcoin reaches the price position of 10w, 20w, we are not surprised, because we already knew that Bitcoin will reach this height!
16  Economy / Economics / Re: El Salvador retirees protest against Bitcoin as legal tender on: September 18, 2021, 07:28:28 AM
The people of El Salvador launched a protest in the country on September 15th. They believed that Bitcoin harmed their interests and burned a brand new Bitcoin ATM on the same day. They did not understand the mechanism of Bitcoin. They used traditional thinking. It is not difficult to understand that this is a gambling behavior and will seriously interfere with the national economy. In a backward country, most people may not understand cryptocurrency or Bitcoin, but the country recognizes it in a short time. As a legal currency, it is difficult for them to accept and resist. Perhaps Bitcoin still has a long way to go on the road to international circulation in the future.
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