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May 17, 2021, 08:52:10 PM *
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1  Local / Română (Romanian) / Re: 💰 Strângere de fonduri - Să-i hrănim pe cei afectați de pandemie 🦠 on: May 02, 2020, 08:39:40 PM
Am o stare cel puțin neplăcută, chiar se poate trăi o lună de zile numai cu linte și făină? Mi-i se pare ceva extraordinar de inuman condițiile în care acești oameni sunt nevoiți să trăiască, este o inițiativă bună.
2  Economy / Economics / Re: harmonization of fiat and crypto on: May 02, 2020, 06:57:47 PM
I have read several threads that say "fiat will die and will be replaced with crypto" as you agree? I personally do not agree. because when the real system is already established in value and a new system comes with a fluctuating value, the government will not take that risk. But do you agree if Fiat collaborates with crypto in building a future financial system? without killing one system. share your opinion about this.
But what if fiat would be sustained by blockchain technology? What if there will be a determined value of fiat money like the volume in the market of american dollar and the same amount can be available only backed up by blockchain?
3  Economy / Economics / Re: Corona has killed economy of many businesses on: May 01, 2020, 06:43:06 PM
There are a lot of shops closed, and beauty salons also, many unemployment people, the entire situation is not sad, but desperate for many people. Governments has to open the door to engage the economic motors, it's time to let people work.
4  Economy / Economics / Re: returning to normal on: May 01, 2020, 06:38:46 PM
I believe what happened before the pandemic was not normal, the entire world depending by the production capacity of China??? I mean, ok the price is low and the quality is good but what about situations like this? Current politics represent for me normality, i don't mean the social restrictions but the national strategy to build and product our own day by day goods.
5  Economy / Economics / Re: You will be able, slowly, to pay one bitcoin for 25000 pizza. Any other opinion? on: May 01, 2020, 06:35:56 PM
I know, for somebody this is a bad joke but this happens when there is no believe in the future. At current price i believe there is open the possibility to buy a pizza shop, or have my own italian pizza chef, that would be nice.
6  Economy / Economics / Re: Socialism vs Capitalism Meme Review on: May 01, 2020, 06:32:56 PM
Socialism works in China but not in other countries, capitalism works in USA but not necessarily in the ex Soviet countries, i have the strong belief that all what matters is the person to controls the democratic tools, if we talk about people open minded then everything will be fine, if not, then we just die in front of the hospital because we don't have medical insurance. Capitalism or socialism it goes down to the leaders.
7  Economy / Economics / Re: Anybody here trying to live bankless? on: May 01, 2020, 06:28:43 PM
In my opinion bankless means no need for money or living in a society where money is worthless. I like the concept of bankless life or benefit only from what i work but it wont be possible. I belive banks became part of our lives and unfortunately everything is connected to it no matter what you are willing to do because everywhere everybody asks for money, in most cases, is i ask for a product or service.
8  Economy / Economics / Re: Cryptocurrency can not replace fiat currency. on: May 01, 2020, 06:25:00 PM
Crypto Coins won't replace fiat, because they are the best option in the market, blockchain and crypto coins are we healthier than fiat money, you simply can't print crypto money as you desire.
9  Economy / Economics / Re: China will rule world as economy king after crisis end? on: May 01, 2020, 06:22:58 PM
As we see everyday many people are dying every day in Europe and America and their economy is going down every day and economy specialties are guessing that the USA will lose his position as economy king and china will take over and we are already seeing that china economy didn't drop much and there already making money in this crisis.
Considering how good they managed the entire Sars situation, they have big changes to use the most fortunate economic strategy, so probably China will be the richest country in the world.
10  Economy / Economics / Re: Get ready for more tax. Save your BTC! on: May 01, 2020, 06:16:06 PM
No matter the times taxes are always present in our lives. It is true that in the coming months a thunder will strike financial world, the urge for money will be greater and the prices, including taxes policy will ask for more money.
11  Economy / Economics / Re: $6,000,000,000,000 of helicopter money is coming on: April 29, 2020, 07:25:39 PM


This WON'T end well for the U.S. economy in 10 years. Bitcoin will be on 6 digits by that time. Educate the masses where they should be HODLING their money, not in a savings account, BITCOIN.

https://brrr.money
I wonder do they have sufficient ink to print this kind of money? I mean business are closed but the paper and ink has to come from somewhere, right? Or is it possible that this is just an excuse? Everything was prepared due the bad Trump politics and now they just hit Ctrl+P keys.
12  Economy / Economics / Re: Cantillon Effect and Bitcoin on: April 29, 2020, 07:13:25 PM
What is Cantillion Effect?

Quote
The Cantillon Effect refers to the change in relative prices resulting from a change in money supply. The change in relative prices occurs because the change in money supply has a specific injection point and therefore a specific flow path through the economy. The first recipient of the new supply of money is in the convenient position of being able to spend extra dollars before prices have increased. But whoever is last in line receives his share of new dollars after prices have increased. This is why when the Treasury’s deficit is monetized, inflation is referred to as a non-legislated tax. In these cases, the government has seized purchasing power (rather than physical bills) from its citizens without congressional approval.

https://www.aier.org/article/cantillon-effects-and-money-neutrality/

In short this is what we are seeing right now, governments are changing the money supply, which makes rich people richer and poor people poorer. And recently we have seen Feds printing more money resulting in wealth inequality. And so this makes Bitcoin argument more compelling as a good alternative and to tip the balance on the other side. You can invest on bitcoin today, let it sit and it will protect you from this monetary policy.
This is a good solution, the supply of bitcoin is limited so there is no way to add more coins, compared to the fiat, and even so they say bitcoin is just a bubble. Thanks for the financial lesson.
13  Economy / Economics / Re: How Will the current pandemic affect the crypto market? on: April 29, 2020, 06:51:11 PM
This pandemic situation is a good oportunity for all the health related projects in blockhain, this is a good moment to rise and give a hand in eradicating this pandemic virus.This pandemic situation is a good opportunity for all the health related projects in blockchain, this is a good moment to rise and give a hand in eradicating this pandemic virus.
14  Economy / Economics / Re: The positive impact ~ on: April 29, 2020, 06:46:53 PM
Best part of this virus is the low level of pollution, virus will disappear after a while but the effects of the pollution wont from a certain point. Also a second positive point it the quality time spend home with the family.
15  Economy / Economics / Re: a disease or a virus or is there business in it? on: April 29, 2020, 06:41:55 PM
Is there any chance that when the corona virus appears, some scientists have discovered the antidote of the virus itself so that there is an element of intention regarding the spread of the corona virus because there is a business element in it so that the antidote for the corona virus is sought after by many people, this is like a film about spreading viruses that can kill and destroy the economy globally. what do you think about this?
This days everything is possible, as we already seen the russian misinform and fake news are present even in the most developed countries, but on the other hand when somebody is ill there is profit for the doctor, there could be something with this virus, only time will tell.
16  Local / Română (Romanian) / Re: Guvernul vine! ANAF si DIICOT ii urmaresc pe traderi on: April 26, 2020, 07:02:23 PM
Până la urmă a ieșit ceva la suprafață cu povestea asta, colaborarea dintre ANAF și DIICOT? S-au luat măsuri legale contra cuiva sau e doar o poveste și nimic mai mult?
17  Local / Română (Romanian) / Re: Cumpără Bitcoin fără KYC: ATM-ul Bitcoin din Milano care respectă anonimitatea on: April 26, 2020, 06:59:24 PM
Faină treabă, am văzut într-o imagine că au și cotație RON-EURO. Prblema este ca Milano este un pic cam departe. Aceste măsuri de identificare a părților implicate sub bine venite, atât timp cât se poate asigura securitatea datelor colectate. Altfel...e trist..
18  Local / Română (Romanian) / Re: Legislatie noua, restrictii pentru exchange-uri on: April 26, 2020, 06:56:20 PM
Din fericire, din cât am citit printre rânduri, este în stadiu de proiect dar în momentul în care vor constata că pot scote bani frumoși din această piață cu siguranță guvernul v-a veni și cu alte măsuri cumulative pentru înregistrarea și colectarea de valori, doar trebuiesc fonduri pentru pensii....
19  Economy / Economics / Re: How many people have been panic selling? I didn't. on: April 26, 2020, 06:49:32 PM
I did some panik sale for several times and it was really bad, i believe if i would had holded the tokens probably it would be a smarter decision.
20  Economy / Economics / Re: How can the corona virus end Faster and economy reopen on: April 26, 2020, 06:47:56 PM
To eradicate the virus we need specific medicamentation and vaccine against it and this wont happen in the coming months. To reopen the economy we could start with those really important sectors where groups are avoided, like agriculture and builders. This could be a good start.
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