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1  Economy / Services / Re: Hiring discord mods! on: March 28, 2023, 04:50:14 PM
Hi, @Saruc

 I have experience as a "operations coordinator" from Company Called Bolt".
Some of my primary duties were
- Organizing and moderating meetings with clients(telegram and Whatapp).
- Coordinating administrative work & checking activity.
-  Experience in Coordinating team's work plans.
- Etc.

With my experience I can manage any community on Discord no matter how large.
2  Economy / Services / Re: [OPEN] HUNNYPLAY Signature Campaign | Up-to $100 BTC | Payment escrowed on: December 09, 2022, 06:44:13 AM
Current number of post (Including this one): 64
Rank: Member
bech32 address: bc1qr52pctemfpkyl5q3mfp7jqh3037ncf0jf6n90l
3  Economy / Trading Discussion / Re: How to improve your trading results? on: November 01, 2022, 04:55:53 PM
To improve my trading results  I will 
- Trade more instruments once I have tested and proven trading strategy
- Increasing position size and then add another strategy.
Because trade is all about making money and one of the most asked questions is "How can I make more money from trading " which the answer lies in improving your strategies.
4  Other / Politics & Society / A new prime minister and Economic Crisis on: October 24, 2022, 02:38:17 PM
On Friday, amid ongoing political unrest and new economic cautions for the UK, the pound dropped as low as $1.11 and government borrowing costs increased. Although Mr. Sunak had previously issued a warning about this before this summer's Tory leadership election.
Government borrowing prices decreased on Monday. Bonds with 30-year repayment terms now have an interest rate, or yield, of 3.8%. After the mini-budget and a following promise by Mr. Kwarteng to announce additional tax cuts, the rate had reached 5.17% on September 28.
On October 31, Mr. Hunt, who is supporting Mr. Sunak, is expected to lay out the government's economic strategy for taxes and expenditures.
The administration would have to make "decisions of eye-watering difficulty," he has warned.
Guy Hands, a banker and ardent Conservative supporter, however, claimed on Monday that the Conservative Party was unfit to govern the nation and ran the risk of having to request a bailout from the International Monetary Fund (IMF).

What should we expect from the new Prime Minister? or is he likely to resign as his predessesor?
5  Other / Politics & Society / Youngest Decleared Prime Minister Ever on: October 24, 2022, 02:01:29 PM
The former chancellor received support from around 200 Conservative MPs in public prior to the nomination deadline on Monday.
Commons Leader Penny Mordaunt withdrew after failing to win over enough lawmakers.

As a result, Mr. Sunak will succeed Liz Truss and become the country's youngest prime minister in more than 200 years.
Now that the outcome of the Tory leadership election has been determined, the new PM is anticipated to assume office within the next few days.

Following the announcement of the outcome by Sir Graham Brady, the head of the 1922 committee of backbench Tory MPs, at 14:00 BST on Monday, Mr. Sunak is scheduled to address the House of Representatives.

https://www.bbc.com/news/uk-politics-63375281

considering the failure of Liz Truss, the former prime minister of the United Kingdom, who resigned on Thursday as a result of the disastrous tax-cutting budget that shook the financial markets and sparked a rebellion within her own Conservative Party.

Do you think a young primister would do any better considering the pressure and expectations coming from the United kingdom?

I would love to have your opinion on this.
6  Economy / Economics / Re: Corruption Should Be Taught From Young Age on: October 18, 2022, 09:29:25 PM
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.
The surest way to discourage corruption is to state clearly strong punishments for defaulters and ensure that the defaulters are made to face the full penalty of the law.

Sadly, even if the punishment is death for you and your entire family, it won't still stop corruption. People will alway find better ways to carry out corrupt practices to avoid getting caught. its no one's fault, it's just the nature of man. Humans always find a way to break the law, some would argue that the law was made to be broken by the same one's who made it, it's just a matter of whose smart enough not to get caught.
7  Economy / Economics / Re: Actions against bitcoin miners would have greater consequences on: October 18, 2022, 09:13:58 PM

Maybe I don't read crypto news as much as I probably should, but I haven't heard much about solar mining farms much lately.  Wasn't there a big one operating, or on its way to be operating, in Texas?  In any case, mining does use a lot of electricity but I've seen comparisons with other things like, say, the entire banking system and bitcoin mining is dwarfed by that.

One week ago we had ATH for Bitcoin hashrate. This doesn't look to me as "bitcoin miners already scaling down production".
I wonder if that's because of all the GPU miners who suddenly have nothing to mine profitably.  Is eBay flooded with used GPUs, and it is difficult to buy ASIC miners right now?  Just thinking out loud, but that seems like the logical thing to do for the bigger GPU miners, because it doesn't seem like anything's going to be profitable for quite a while.

Located in the "Steel City" of Whyalla, South Australia, there is a new crypto mining facility will use solar energy to power its operations. The 5-megawatt facility should be producing bitcoin at the Lumos Digital Mining business, a method that is frequently criticized for being energy-intensive.
The new crypto farm may be able to produce roughly 100 BTC annually, according to a representative of Lumos Digital Mining, depending on the available electricity.

https://news.bitcoin.com/solar-powered-crypto-farm-in-australia-to-prove-bitcoin-mining-can-be-green/

And yes, in an effort to make some money back, some miners sold off their racks of graphics cards at steep discounts before jumping ship. Wccftech discovered that some former miners in China and South Asia are even holding livestreamed auctions to get rid of their GPU "stock" in large quantities.
For instance, the RTX 3060 Ti, which miners in China are allegedly selling for between $250 and 350 dollars (about $250 and £350). Especially in the US, even a quick glance at eBay reveals numerous items at about comparable costs.
8  Economy / Economics / Actions against bitcoin miners would have greater consequences on: October 18, 2022, 04:02:54 PM
According to a Bloomberg story, the European Union plans to introduce an energy efficiency label for Bitcoin and other proof-of-work cryptocurrencies in an effort to reduce energy use. The draft plan, which is expected to be made public later today, urges the international political scene to exert pressure against the energy use of bitcoin miners. This action against bitcoin miners appears to be a precursor as the EU gets ready for a winter with fewer gas reserves from Russia due to the ongoing conflict.

The energy usage argument has recently made an effort to pick up pace as Greenpeace allocated a new $1 million budget to criticising Bitcoin and the White House started drafting its own laws to handle the bitcoin mining sector.

With all these in play and Bitcoin miners already scaling down production, Being in the mining business right now would really be a bad idea. This plan by the European Union is bound to negatively affect not just the bitcoin market but the entire crypto market which has largely assisted in financing the purchase of resources and the provision of financial services which had in turn greatly hastens the global economy's economic,  and social development especially in developing nations.


Anyways what do people think about this. Share your wisdom please.

https://bitcoinmagazine.com/legal/eu-takes-aim-at-bitcoin-energy-consumption-with-new-law
9  Economy / Economics / Re: The Bank of England decided to resume QE on: October 17, 2022, 03:48:07 PM

"This Market Notice sets out details of the Bank’s temporary purchases of long-dated UK government bonds from 28 September 2022.

As set out in the accompanying press notice, in line with the Bank of England’s financial stability objective, the Bank will carry out purchases of long dated gilts in a temporary and targeted way. The purpose of these purchases is to restore orderly market conditions. "

Since September 28, the Bank of England has made temporary and targeted purchases of long-term UK government bonds in accordance with its goal of promoting financial stability. On October 10th, the Bank raised the ceiling for its daily auctions from £5 billion to £10 billion. On October 11, index-linked government bonds were added to the temporary purchase program.

https://www.bankofengland.co.uk/news/2022/october/statement-on-end-of-gilt-market-operations
10  Other / Politics & Society / Re: Massive humanitarian disaster about to happen in Somalia - Thousands will starve on: October 17, 2022, 02:10:15 PM
https://www.doctorswithoutborders.org/latest/five-facts-about-crisis-somalia

Several regions in Somalia are under alert for an incoming crisis, while some others are already on full blown starvation. The RF war on Ukraine may have a lot to do and this year is not great either for those countries that could have helped. In a few weeks children will start dying and not before long, parents who have lost crops and cattle alike will flood into the camps with nothing to eat and nothing to buy food with.

There is a Crisis Recovery Project being developed for Somalia by the WORLD BANK which seeks to improve national disaster preparedness while assisting in the restoration of infrastructure and means of subsistence in areas damaged by flooding and drought. There are five parts to the project.

Component 1: Immediate basic services and livelihood support for the nation's flood-affected states and locust-affected areas through the establishment of a cash-for-work program for vulnerable households, control of the desert locus population through ground and aerial spraying operations, restoration and protection of farmers' capacity for agricultural production, revitalization of basic health provisions, bolstering of response services, and support for household hygiene.

Component 2: Reconstruction of vital public and community infrastructure following a medium-term flood. The component will renovate bridges, small feeder roads, health facilities, and water and sewage infrastructure. Additionally, it will assist regional mitigation strategies for risk reduction, including environmental restoration and slope protection.

Component 3: Longer-term disaster risk preparedness will enhance institutional readiness of governmental ministries, agencies, and departments to respond to flood and drought-related calamities. The institutional capability of the PIU (Project Implementation Unit) and State Project Teams will be strengthened by

Component 4: Project Management for the project's implementation. A first-line finance choice for an emergency response will be provided by

Component 5: Contingency Emergency Response Component (CERC).
11  Economy / Economics / Re: MNCs and it’s impact on developing countries. on: October 17, 2022, 02:00:54 PM


Multi-national companies use developing countries as their base ground for manufacturers or we can say for labor forces. Cheap labor, cheap land, and cost-effective transportation are some key points that make developing countries a hot cake for multinational companies. All the telecom companies in Bangladesh are owned by foreign companies. 

Also keep in mind that multinational corporations provides capital into developing nations. For instance, on the financial account of the balance of payments, the investment made to construct the plant is counted as a capital flow. This capital expenditure aids in the growth and expansion of the economy's productive capacity.

This degree of investment is really crucial for determining the rate of economic growth, according to the Harrod-Domar model of growth. Increasing the influx of foreign money is one of the best strategies to boost the rate of economic growth.
12  Other / Politics & Society / AN END TO ELON'S GENEROSITY on: October 15, 2022, 02:58:16 PM
In order to keep Ukraine's military and populace connected, the richest man in the world turned on his company's satellite internet infrastructure there in February.
However, according to US media, the Tesla owner asked the Pentagon to fund the program in his place last month.
Musk tweeted on Friday that his space company, which creates the Starlink system, "is not attempting to recoup previous expenses, but also cannot fund the existing system permanently." Starlink uses a network of satellites to deliver high-speed internet. It has proven essential for the military of Ukraine as it battles to regain Ukrainian territory from Russia.

According to Mr. Musk, maintaining the program costs $20 million (£18 million) each month. Recently, he said that SpaceX has already paid $80 million to keep Ukraine online. He stated on Twitter that "in addition to terminals, we have to develop, launch, operate & replenish satellites & ground stations." We also had to protect ourselves from more difficult cyberattacks and jamming.

If Elon Musk decides he no longer want's to bear the cost of funding the Starlink system, will the pentagon step in and take over the funding or leave Ukraine to their faith?

https://www.bbc.com/news/world-us-canada-63266142
13  Other / Politics & Society / Re: Every war is a war on children on: October 15, 2022, 02:32:22 PM
Every war is a war on children



I feel bad to read this, like feeling very sorrowful that children will be at the receiving side during war and the female get rape and pregnant from bad action of soldiers. This kind of situation is currently going on with the war in Ukraine and Ukrainian children will be the one facing this inhuman action because the Russian invading them. Children are to be guided and protected but in war time they are vulnerable to all kind of attacks. There is little that the mother can do but the children suffer more. This is how children suffer in any war going on. This is sad reading this.

This is the very reason the international humanitarian law to safeguard children during times of war was implemented. The protection of children who have been impacted by conflict in terms of food, clothing, medical, education, and family reunification is covered under the Geneva Conventions and the Convention on the Rights of the Child. They also aim to shield kids from being enlisted in the military and ethnic cleansing. However, these regulations are not often followed, particularly when it comes to enlisting young people in the military.
14  Economy / Economics / Re: Best Recession And Inflation Protected Assets on: October 15, 2022, 08:42:19 AM

Keyword search: best recession performing assets.

Keyword search:  best inflation performing assets.


One word that seems to frequently appear is: commodities. No matter how much market conditions change. The price of a cup of coffee. A bushel of wheat. Kilograms of gold, steel or aluminum. These things tend to remain the same.


Although i do agree with this, but Investors should use caution while dealing in commodities because of its high volatility before making an investment. Due to the dependence of commodities on supply and demand factors, even a small shift in supply brought on by geopolitical tensions or conflicts can have a negative impact on commodity prices.

I believe that one of the best asset which is being protected from recession is a Real Estate Investment Trusts (REITs)
Companies that hold and manage properties with an income stream are known as real estate investment trusts (REITs). When inflation rises, property values and rental revenue typically increase as well. A group of properties make up a REIT, which distributes dividends to its investors. Consider the Vanguard Real Estate ETF if you want broad exposure to real estate together with a low expense ratio.

But just like every other investment, REITs have significant disadvantages, such as their vulnerability to the market for other high-yield assets. Treasury assets often gain appeal as interest rates climb. The share prices of REITs may decline as a result of this withdrawal of capital.

There are other assets that is also being protected from inflation. For example A 60/40 Stock/Bond Portfolio and The Bloomberg Aggregate Bond Index
15  Other / Politics & Society / A Trump audit should prohibit him from running in 2024. on: August 13, 2022, 07:04:30 AM
The unexpected FBI raid on Donald Trump's Florida residence on Monday signaled a rapid uptick in the number of inquiries against the former president, and it raised new legal issues that, in theory, may change the outcome of the presidential election in the United States.
That's because some have said that Mr. Trump could be constitutionally barred from seeking the presidency again if the investigation, which is apparently related to his handling of sensitive presidential records, results in a conviction.
So let's examine this more closely. How far have the investigations into Mr. Trump come along, according to the FBI search, and might he truly be dissuaded from running in 2024?

https://www.bbc.com/news/world-us-canada-62487602
16  Bitcoin / Mining / Why are FPGAs less efficient than ASICs in terms of computation? on: August 10, 2022, 06:16:36 PM
As the name implies, application-specific integrated circuits, or ASICs, are specialized chips used to execute analog and digital capabilities in high volume or high performance applications. ASICs are fully customized, hence designing and implementing them requires more money (NRE).
Originally designed in 1985 as just digital processors, FPGAs (Field Programmable Gate Arrays) now include both analog and mixed signal blocks. Because FPGAs are simple to use and reasonably priced reprogrammable devices, customers choose to employ them. Moreover, they are less computationally efficient than ASIC devices and i can't figure out why.
17  Economy / Economics / Re: Congress' push to regulate Big Tech is fizzling out on: August 04, 2022, 12:22:03 PM
The "free market" is typically used to refer to an economy with unrestricted competition and exclusively private exchanges between buyers and sellers. Any voluntary economic activity should be included in a broader definition, provided that it is not governed by coercive central authorities.
Free markets are not entirely unrestricted in any modern nation. That said, nations that emphasize private property, capitalism, and individual rights typically have the most open markets.

With some government control, the American economy is primarily a free market economy—a market where supply and demand determine prices. Although there is ongoing discussion among politicians and economists over how much government regulation is required for the U.S. economy, in a fully free market, buyers and sellers do their business without any interference from the government.

But let's look at The big question. Why does government get involved even in a free market economy? and the simple answer is to offer services for items that the market does not cover. What traits define a centrally planned economy one would ask, Each individual is given a task, all economic decisions are made by the federal government and all land and wealth are owned by the central government.

https://quizlet.com/46986801/economics-chp-2-flash-cards/

In general, consumer needs are not addressed. Employees lack the motivation to innovate. Individual liberties are given up to further societal objectives, and these are centrally controlled economy's weaknesses which make it necessary for the Government to step in.
An illustration of what the government offers the general public as a "safety net" is Welfare and social security benefits are provided for unemployment.

https://www.investopedia.com/articles/economics/08/free-market-regulation.asp
18  Other / Politics & Society / Re: Only Africans can develop Africa on: August 03, 2022, 10:05:08 AM
Do I have to go to the State Department of Africa to apply for African citizenship?

I'm pretty sure they will accept me, because I am white.

Cool

I don't think there is any institution like "State Department of Africa", Africa is a continent not a country. You could go to a country in Africa and apply for citizenship.
Also not all African Countries are that backward to  accept you just because you are white.
19  Economy / Economics / Re: Why is crypto going up after the news of being in a recession? on: July 31, 2022, 08:57:05 AM
Satoshi created Bitcoin to lessen our reliance on banks (particularly central banks), whose reckless lending practices led to the collapse of the real estate market. A great account of the housing market crisis was produced by the National Council for the Social Studies. The market had enormous leverage, investors disregarded fundamentals in pursuit of short-term gains, and the Federal Reserve changed its interest rate strategy. Cryptocurrencies: Can it withstand a downturn?

Let's look at Bear cases and Bull cases:

Cryptocurrency markets have little control over external economic factors. Recently, the Federal Reserve raised interest rates in an effort to promote the economy and control inflation. Growth in the economy and inflation are balanced by the Federal Reserve. More money is available in the economy thanks to lower interest rates, but inflation rises. Higher interest rates increase the cost of borrowing for businesses and consumers, which lowers consumption. Rate increases could start a recession. In a downturn, people could have to liquidate their cryptocurrency holdings to cover living expenses.

The potential of cryptocurrencies is essential for surviving a recession. Cryptocurrency is no longer just for peer-to-peer transactions. The current use cases for cryptocurrencies include DeFi, NFTs as art, gaming, and Polygon Nightfall. While many more use cases have been put up, they have not been generally embraced. The use of cryptocurrency for decentralized storage, digital identities, and housing documents has immense potential. Numerous businesses have entered the bitcoin sector, lowering the likelihood of a collapse.

https://www.nftically.com/blog/can-cryptocurrency-survive-a-recession-nftically/

Most markets and sectors are harmed by recessions. The legal ambiguity and youth of the bitcoin industry may make it more vulnerable than other sectors. The underlying technology and its use cases will improve businesses' and individuals' lives. It's difficult to see all of this disappearing because of a bad economy.
20  Other / Politics & Society / Russia Leaving the International Space Station on: July 28, 2022, 11:38:42 AM
Since 1998, the US and Russia have successfully collaborated on the ISS along with other partners. However, since Russia's invasion of Ukraine, ties have deteriorated, and Russia had already threatened to abandon the project as a result of Western sanctions. According to NASA, no official notification of Russia's intention to leave the program has yet been received.

The International Space Station (ISS), a joint venture of five space organizations, has been orbiting the planet since 1998 and has been the site of hundreds of scientific investigations. The US wants to prolong it for a further six years with the support of all partners even though it has been given permission to run until 2024.

With the two nations striking an agreement earlier this month to allow Russian cosmonauts to travel to the station on US spacecraft and vice versa, cooperation on the ISS between Russia and the US had appeared to be relatively unaffected by the war in Ukraine.

However, other areas of Russian and Western cooperation have been harmed by the conflict in Ukraine. The European Space Agency (ESA) and Roskosmos no longer work together to launch rovers to Mars, and Russian Soyuz flights from an ESA launch pad in French Guiana have been suspended.

https://www.google.com/amp/s/www.bbc.com/news/world-europe-62308069.amp

If Russia eventually pulls out of the International Space Station, What would be the implications of this decision for the ISS's future and world economy?
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