101
|
Economy / Economics / Re: Senators pressure SEC’s Gensler not to approve any more crypto ETFs
|
on: March 19, 2024, 08:05:56 PM
|
Bitcoin is decentralised, not controlled by any one entity. It’s part of the reason why it’s unlikely to see any other crypto spot etf approved any time soon. I actually don’t think others should he approved, how do you approve a spot etf for a coin or token like ethereum when it’s largely controlled by one individual who can burn active supply coins at any time? It’s too open for manipulation & it’s why the SEC is unlikely to be in a rush to approve any others.
|
|
|
102
|
Bitcoin / Bitcoin Discussion / Re: ~~~When did you first heard about bitcoin 2024 Halving edition~~
|
on: March 19, 2024, 06:29:11 PM
|
2014 but bought my first coins a year later. I was early enough for it to make a significantly positive impact on my life but not too early so it was cents per coin. Those uber early people, some of them have hardly anything, if any coins left. We are still early enough for new investors to do very well if they buy & HODL for years.
|
|
|
103
|
Other / Politics & Society / Re: What do you think about the freedom of speech in the USA?
|
on: March 19, 2024, 04:48:05 PM
|
Freedom of speech is a problem in all Western nations due to woke policies & the modern day fear of offending people. If you ask me, people have become too soft, all this crap about there being multiple genders, homosexuality everywhere, the current world is absolute haram. Large companies don’t employ the best person, they try to hit quotas. During the last election, people were censored, during COVID actual MD’s with opposing views were cancelled, it’s a load of crap. I would rather live in Russia or something, they don’t stand for this crap.
|
|
|
104
|
Alternate cryptocurrencies / Altcoin Discussion / Re: Is investment a necessity or a want?
|
on: March 19, 2024, 02:44:07 PM
|
Nobody should pursue investing in assets ahead of their own health. What is the point having lots of money if you’re very ill or worse, dead. Buying cryptocurrency is great but I would not do so if I couldn’t afford healthcare. Your friend needs to sort out his priorities, especially if he has a family.
|
|
|
105
|
Economy / Economics / Re: Boycott of Chinese products and economic relations - when ?
|
on: March 17, 2024, 08:00:25 AM
|
It’s unlikely that there will ever be a boycott of Chinese products & economic relations. China is such a huge manufacturer. It’s cheap to get them to make products & ship them all over the world so I don’t think it’s likely any time soon that there is a boycott of Chinese products & economic relations.
|
|
|
106
|
Other / Politics & Society / Re: What really makes pastors children rebel?
|
on: March 14, 2024, 10:45:28 AM
|
In this situation maybe a young child thinks having a Pastor as a Father isn’t cool. Maybe they don’t want to be labelled as a person of God, a goodie goodie so to say, so it makes them want to rebel. Potentially they want to show their peers that they are not like their Father, not a man of religion so they make extra effort to rebel & not conform to what society expects from a Pastor’s son.
|
|
|
107
|
Economy / Economics / Re: Early exposure of children to wealth and investments
|
on: March 14, 2024, 10:34:32 AM
|
I think children should learn about money & money management quite early in their lives. You can start by rewarding them with pocket money each week for doing tasks around the house. You can allow them to save up for something they really want or budget weekly to afford sweets, chocolate or whatever. I won’t tell my kids exactly how much money I make but I will teach them about Bitcoin & how to use it so they can take over when I die.
|
|
|
108
|
Alternate cryptocurrencies / Altcoin Discussion / Re: Can governments crack down on crypto?
|
on: March 14, 2024, 09:33:48 AM
|
Governments can & do crack down on crypto. They may not be able to 100% stop it but they can make things a lot more difficult for people to access. If you are desperate to use it then Tor & or a VPN can be used but if governments in a certain country ban crypto it can cause price volatility but also how can you find on/off fiat ramps. P2P trading can only go so far.
|
|
|
109
|
Other / Politics & Society / Re: Trump is senile (and Biden is not)
|
on: March 14, 2024, 09:17:46 AM
|
I don’t think Biden should be in the running this time, it’s clear he has cognitive failure, he’s an old man. Somebody needs to put a stop to it. Whoever is in the background pulling his strings needs to give it up. The US is the greatest country on earth, it’s embarrassing having him lead it. How can he be expected to do four more years, let somebody else run for The Dems.
|
|
|
110
|
Economy / Economics / Re: Why are some countries being sentimental with bitcoin and the cryptos at large?
|
on: March 14, 2024, 09:12:55 AM
|
Governments don’t like Bitcoin for many reasons, they don’t fully understand it & they don’t like it. Governments like to have full control over currencies used in their countries, except El Salvador who really have changed the game. Look how long it took for the US to allow a Spot Bitcoin ETF to be traded. Central Banks are putting limits on how much you can send to crypto exchanges, governments are requesting more info on crypto investors, strict KYC. It’s crap but the price we paid for increased adoption & higher prices.
|
|
|
111
|
Other / Serious discussion / Re: Dustan Eddington
|
on: March 13, 2024, 12:48:18 PM
|
Everything about Satoshi tells us that he is somebody who did not want recognition for what he created. He slipped away without a single trace of who he is. For that reason it’s very difficult to believe the claims of any of these charlatans that claim to be the great man himself. I can say with almost 100% confidence, literally 99.99999999999999% that Dustan Eddington is not Satoshi Nakamoto. Does anybody really think this guy looks capable of creating Bitcoin - https://www.linkedin.com/in/dustan-eddington-9b1b5526a
|
|
|
112
|
Other / Politics & Society / Re: Ramadan Mubarak, Ramadan Kareem
|
on: March 13, 2024, 12:27:08 PM
|
Wa alaikum assalam, my Muslim brothers & sisters. May you have strength & peace during your fasting. Allahu Akbar. Thank you for this thread DireWolfM14, it’s great to create awareness towards the charity.
|
|
|
113
|
Bitcoin / Bitcoin Discussion / Re: 4 years ago, WHO announced the pandemic, whole markets crashed
|
on: March 13, 2024, 10:29:54 AM
|
It was a great buying opportunity, a true gift if you were already a battle hardened Bitcoin investor. I remember it very well, I bought heavily because I knew it was just a reaction to the COVID announcement. We went down like 50% in one day but we recovered quite quickly & now look at the price. Bitcoin is unstoppable, any future opportunity similar to what happened back then will be another gift which I will take advantage of.
|
|
|
115
|
Other / Politics & Society / Re: Can divorced couple reunite?? - please share experience
|
on: March 13, 2024, 10:09:32 AM
|
Divorce signifies the end of a marriage but it doesn't necessarily mean that the couple can never reconcile. Some divorced couples may realise that they still have feelings for each other & choose to give their relationship another shot. This can happen if both of them are willing to work on the issues that led to the divorce & are committed to making the necessary changes. Reuniting after divorce requires open communication, forgiveness & a genuine desire to rebuild the relationship.
|
|
|
116
|
Alternate cryptocurrencies / Altcoin Discussion / Re: Is $PENG The Coolest New Memecoin on Solana?
|
on: March 13, 2024, 09:52:11 AM
|
Nobody ever really knows which memecoin will succeed & pump from nowhere. Sometimes it’s coins with a ridiculously high supply that really shouldn’t do well but with memecoins they rely on hype, social media influencers shilling them & sometimes just luck. Whether $PENG is the next memecoin though, is difficult to say. If it has a thriving, passionate community, lots of crypto influencers shilling it & a bit of good luck then possibly yes.
|
|
|
117
|
Economy / Economics / Re: Nigeria is set to join BRICS in May 2024.
|
on: March 13, 2024, 09:45:34 AM
|
Joining BRICS is good Nigeria as it provides access to a fast growing market, there will be increased trade opportunities & potential foreign investment. It also enhances Nigeria's geopolitical influence & allows for collaboration on global development issues. The coms are BRICS could bring economic competition, dependency on member countries & the need to align policies. Weighing it up though, I think it’s mostly positive if Nigeria joins soon.
|
|
|
|