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1621  Bitcoin / Bitcoin Discussion / Re: Advice to friend for financial improvement. on: October 08, 2023, 03:41:02 PM
I've noticed a topic in the Bitcoin discussion. I was encouraged by reading the Topic, I thought if anyone would benefit financially from me. Instead of buying an iPhone, if one invests in Bitcoin, his future will be bright.  Now if someone invests in Bitcoin with the same amount of money to buy an iPhone, it is expected that in 2-4 years he will be able to buy 1 iPhone with the investment profit.

I'd agree with your suggestion. If one has to chose between some pleasure (iPhones are not necessity, are they?) and investment first, it should be investment always, and pleasures should be fullfilled with profit from investment(s). Hence best of both worlds.

It is always good to invest instead of spending unnecessarily. The opposite of this situation can happen in the following way. A person may really want to buy an iPhone and buys it. Sometimes in this life we should do things that we enjoy. What you say about the iPhone may be true, but it means nothing to a person who wants an iPhone.

Investing is important for our lives, but so are our pleasures. In some cases I can choose investment and in some cases I can choose pleasure. I can't blame anyone for that. It is best to give information and leave the choice to the other person instead of interfering with their preferences.

Appears you misunderstand my statement. I said, enjoy pleasures from the profit of your investments. If you buy an iPhone from capital, your money is gone, while capital invested and buying iPhone from return of your investment will keep your capital intact.

Actually we are saying the same thing. I said it was hard to convince someone who loves the iPhone. So, no matter what we say, the person who loves the iPhone will prioritize the enjoyment side of things and buy the phone. That's why I said that what we said meant nothing to them.

I do not think that a person who is going to buy an iPhone and thinks about its pleasure will choose to buy an iPhone with the earnings he will earn by investing and will wait long enough to make a profit. I think you know the queue people formed to buy the phone when it first came out Smiley
If you posess a mindset of making money with your money (investment, business, etc.), convincing people will be easy. But if you said it to someone that prioritize to show-off his/her new stuff to other people, then convincing someone will be hard.
Many people actually do that. They prefer to buy or spend their money to unnecessary things instead of investing it. They would rather buy what they want instead of making money out of it and use that money to buy their wants.
1622  Economy / Gambling discussion / Re: Do you gamble because you don't have sufficient money? on: October 08, 2023, 09:11:53 AM
So people who don't have money will gamble because they see there is an opportunity to make money from gambling. This makes them continue gambling, and even though they have little money, they still continue because there is hope of winning the game. This is a common occurrence everywhere because people hope to bring home some money so that the money can be used to buy their daily necessities. But they often won't make money from gambling because gambling is not a place to make money. Lower-class people should be able to realize that they will not be able to make money from gambling, so they need to look for better jobs so they can make money.
People who do not have enough money to take care of their daily need shouldn't be seen gambling as its not a means or source of making more money, if only they have this mindset and know this I think it will really go a long way helping them cut down on the habit especially if it no longer becoming beneficial to them as the little they have is been taken away from them by the casino.

Gambling shouldn't be seen as a means or a source to get money especially seeing it as a source of income becomes even worse. I even over hear some people seeing it as an investment opportunity and thatnis the height of been unreasonable to a very far extent, if the first know the idea behind gambling which is basically entertainment and fun then I think this will help them redirect and change their mind set.

I do advise people not to spend their last money gambling as that can be considered irresponsible regardless of how sure you are that the game could possibly turn out a winner, sometimes if possible the low class should avoid getting addicted to gambling but sadly they are the most victim of gambling addiction which could possibly get them to ruin. Gambling should be basically for entertainment and only spare Cash should be often used so as to help you keep sanity even if it goes against you.
We get it, yet some people see gambling as their "golden ticket" out of issues. Its "Hey, Im down to my last dollar, but maybe this next bet will change everything." You know?

Gambling as enjoyment is like any other game. You pay, play, and laugh if you lose. However, many regard it as their only chance to change things. Like trying to restore a damaged toy in hopes it would work one day. You see the issue? Toy remains broken.

If people can perceive gambling as an enjoyable pastime rather than a way out, maybe they wont put all their eggs in one basket, right?
Or to mke it short, as long as they have money that they can bet, that mindset of maybe the next bet is my lucky shot. That thinking is always on their mind and that makes them more hooked up in gambling.
It is true, like what you said, gambling is like any other game, as long as you continue to play, it becomes your hobby and a goal of winning, in the end you'll end up getting addicted with unimaginable losses.
1623  Alternate cryptocurrencies / Altcoin Discussion / Re: Hardwork pays not luck! on: October 08, 2023, 05:57:54 AM


If you had earned money from the lottery,it’s better to start the business with the winning money.You can also start the trading which gives you good return,if you spend some time for the analysis for the trading.Some people use the offline business using their winning money from the lottery.But the important factor is they need to understand the business before starting the business.

The OP said that he lost his money after making a few trades because he saw other people making thousands of dollars from it. I think this is an experience that should be a lesson for everyone. I prefer to use the money from bounty hunters to open an offline business that I already master. Performing trade analysis is fundamental for people who want to make thousands of dollars from crypto. But using capital from bounty hunters to increase offline business capital is the best option in my opinion.
The mistake OP made surely happened to a lot of people in the crypto space. Seeing other people doing trading and start doing it also without even trying to learn or analyze how they do that. They simply go with how they see the market and just do trading without experience or knowledge. That's why building a business would be better but the same as trading, there's also a risk in that field, you have to study different kinds of things and other things you should consider before you start your own business but the better option to make your money grow.
1624  Local / Pilipinas / Re: Mga Artista Na Scam Ng Crypto Investment on: October 07, 2023, 03:14:29 PM

        -  Parang kagaya lang ng style ni SBF lang noh? dinaan sa mga pulitiko sa gobyerno yung mga tinutulungan nya para pagdating ng aberya o madiskaril ay merong mga taong sasagip o baback-up sa gusot na gagawin. Parang ganyan din sa scammer na bumiktima sa couples na yan.
Wala rin kasi tayong magagawa dahil ganyan ang sistema sa bansa natin kahit gaan pa kalaki ang kaso ay kung pwede kang magpiyansa ay makakalaya kapa rin talaga.

Sana yang couple's na yan matuto na sila, huwag din kasi nila pairalin yung pagiging sakim din nila, magiging maingat na sila for sure sa susunod. At malamang sa alamang, hindi narin yan basta-basta maniniwala at magbibigay ng tiwala sa laki ba naman ng nawala sa kanila na halaga.
Siguro ay wala din mga nag advice sa artistang yan o sadyang nadaan talaga sila sa mabubulaklak na salita. Pwede din na wala silang idea sa pamamaraan na ginamit na pang scam sakanila kaya natangayan sila ng malaking pera. Paniguradong charge to experience na yan sa kanila at hindi na sila mag lalabas ng pera basta basta sa mga susunod na investment lalo kung involve ang crypto.
1625  Bitcoin / Bitcoin Discussion / Re: My bitcoin journey has started again on: October 07, 2023, 02:46:00 PM
You have really made a good decision. This start of your journey will bring you to a good destination in the future. Just continue to invest, and do DCA even if it's just a little, in the future, you will see the fruit of your investment. A lot of people are doing that, it is a good start because the price of bitcoin is still low compared to its all-time high. If it goes back to the ATH price or even higher, your money will be multiplied.
1626  Economy / Gambling discussion / Re: Have You Ever Made Such Mistake Before, But Won still? on: October 07, 2023, 02:29:53 PM
I have not seen someone in this forum that made such mistakes but some mistakes turn to be good, maybe you are afraid of using 3.50 to play such bet because you knew that you will win but assuming you know that you are going to win such I believe that your stake would have increased to more your initial budget to the gamble and even the one you called a mistakes, that is why we conclude that gambling, winning it is a luck, you will not hope in gambling.
That is why it is good to check and recheck and check again the amount of money that you want to use to bet before you press on the gambling button to bet. I think there are some people that will make such mistake. But on the gambling sites that I am using, the amount to use to bet are seen clearly, I do not make such mistake because of that.
Yes, before you start your game in each round you should check very carefully your bet to avoid making a mistake. This kind of mistake is unnatural and OP is lucky to have won that round. There might be a chance that he might accidentally have a huge bet and then suddenly lose. That's why it is better to avoid such mistakes to avoid a huge lost.
1627  Economy / Gambling discussion / Re: They know the truth but they don't want to accept it, publicly on: October 07, 2023, 02:09:51 PM
Take it or leave it, some part of me still want to make free money from gambling, even when I don't gamble every day, and while I am a very cautious gambler.

Some people are trying to hide behind the cotton, stating that they are gambling for the fun of it, I will like to ask them this question if I can get them to answer.

Is there any spirit of good will when you intentionally give your money away in order to just have a good time gambling?

Because taking money away from gambling simply makes the game not worth playing.
No one is hiding it. Some people might say those words just to make them feel better from losing money in gambling. We all know that the very reason why we gamble is to make money. It's just that, it is really hard to win against the gambling house.

Because taking money away from gambling simply makes the game not worth playing.

Will you still participate if money is not involved? Many people will easily quit if all casinos are to be turned into no-money games, isn't it?

Money is still the real reasons why we gamble, been addicted or not, mutual greed or not, all gambling is done to make more money or get some form of reward in the end.
Yes, maybe. Gambling without money involved is like a demo play, it's kinda boring though.
And yes, money will always be the reason why we gamble. We risk the money to earn money. There's fun there but it's all about making money.
1628  Economy / Gambling discussion / Re: Gambling should be play with care on: October 07, 2023, 12:36:38 PM

This is why I only gamble when I have some actual real time, not like just squeeze it in 15 minute breaks, that doesn't really make me feel better, I gamble when I have at least a few hours to gamble, doesn't mean I have to gamble for few hours, I do not have to gamble for that long, but it has to be few hours empty time in my hands, then I can gamble all of it or just 30 minutes doesn't matter.

What this allows me to do is the fact that I am not going to end up with anything that hurts my chances and I think it also allows me to take my time for real to think about what I am doing. If I feel like I am about to make a mistake, I can stop, if I calculate that it is a risk worth taking then I can do that. This is something you can do only if you have the time for it, otherwise it would not be possible to make this calculation.

This is a good thinking and practice on your end so that you won't end up chasing winnings and instead calculate your actions first before making any further decisions. Allocating a specific amount of time to gambling, not in an excessive manner can help you to build your routine and can be your way to assess your playing style and your gameplay in general so you can do better on to the other bets and plays. After all, having a very small timeframe will just make you crave for more, so might as well dedicate a few hours already so you won't have the strong urges to break your limitations.
Yes. This is also a good behavior that is really hard to do for many of us. Once we start gambling, the only thing we can think of is how much money we can make. Without thinking of the time and we think that it is really slow. We often forget to take our time when gambling, many people prefer to make a rush that's why they end up losing money as they do not make a proper decision while gambling.
1629  Economy / Gambling discussion / Re: Will you gamble till old age or not on: October 06, 2023, 01:45:40 PM
Gambling till you get old is somehow not a good thing for yourself, family or relatives. Getting old means you don't have that much time so why not spend it with your loved ones instead of gambling. Maybe you gamble with your friends but it would be better to enjoy life with the family, laugh together, eat together, literally give all your time for them as you grow older.
So, I will definitely stop gambling by the time I grow older. Even if its fun and entertaining, even if I have much money by that time, I wouldn't care anymore as long as I enjoy my time with my family. Much enjoyable than gambling.
1630  Bitcoin / Bitcoin Discussion / Re: My regret for not adopting bitcoin earlier. on: October 06, 2023, 11:25:30 AM
Regrets were part of life. Not with bitcoin, it happens now and then with different tasks. Regret for not adopting bitcoin earlier is much discussed just because of the growth it had attained over time.

It is good to get off the regret and look for the solution to make things happen good again. This means remember what you've learnt out of the regret, think of the best to happen again and keep yourself prepared for it. If the regret keeps you paining, try to keep yourself distracted from it. Find someone who had experienced the similar thing and what they did to come out of it.

Having regrets shows that the person learned something or missed out an opportunity duee to lack of knowledge that time or lack of funds. There's a lot of reasons why we haven't adopted earlier Bitcoin but that doesn't mean we're too late cause Bitcoin has a lot of potential in the long term. We are just people where we are learning everyday, every experiences if we took it positive we would eventually grow than taking it badly like, losing the early potential of Bitcoin then you would thought it's not for you. It might not be your time yet but for sure if we countinue to strive to that goal, for sure we would achieve it in no time, attain knowledge and skills in crypto industry.
That's right. We just need to learn from our mistake. It is okay to regret our decision before for not adopting early nor having a chance to learn about bitcoin. What's important right now is we learned about it and everyday we continue to be able to see the growth of bitcoin. There's no time for regret, let's just move on from the past and embrace the growing community. Learn what we have to learn, and invest as long as we can so we can't miss the opportunity when bitcoin increase again.
1631  Economy / Gambling discussion / Re: A Lady Cried After Losing to Sports Bet. Gambling is Not Your Mate. on: October 06, 2023, 11:03:49 AM
It's funny, and very immature of her, why expose herself online after losing her money? Is this move going to return her money to her? Or she did do this so that people could have pity on her and maybe they would refund her money? I found this to be very funny, I am sorry for that.

It's possible that I am right and people like her will still have hope in gambling after losing a lot, she might end up having some money again and still go back to gambling, thinking she can make back the money again.

I do hope she learns a real lesson and either quits gambling or learns how to be a responsible gambler, these are the two choices left to take, some people just get up from their bed one day and decide to start taking risks on something they have no idea about.
- Maybe she does not have anyone to talk to about what she's going through. This is really not funny, you see, there are different types of people and different impact of losing money in gambling. Some may be able to at least laugh but some really is being emotional.

- She might do that, everyone knows it that those who experience gambling, if we lose we feel stressed, irritable and the feeling of wanted to take a break from it. But at the end of the day, even with the experience of losing, she will still continue to play.
1632  Economy / Gambling discussion / Re: Credit card gambling fuels gambling addiction on: October 06, 2023, 10:44:56 AM
Which makes me think that Credit card is far more helping to fuel gambling addiction more than anything else, you don't actually have the money, but you can still gamble, this alone will make people to lose their minds and gamble anyhow.

Blame the people, not the credit card. It's not the one that fuels the addiction but rather the person itself.

The credit card was not meant for gambling. It's served another purpose that's why don't say credit cards fuel gambling addiction.

In short, why not just blame those stupid person that allows themselves to be addicted gambler? The credit card has nothing to do with it. Besides, it's not easy to be eligible as a credit card holder. I do see that most credit cards holders are not even mostly into gambling.

Exactly, people seems to be looking for 3rd party to blame for their own mistake. If this mindset continues, there will be people who start to blame the devices (technology), the internet, the casinos, etc because these things can be said as thing that help people jump into addiction. Blaming credit card does not make any senses obviously, addiction will come even gamblers has no credit card. The chance for people to gamble when they are out of money still exist, once someone is addicted, he/she will try to get some money from different ways such as selling stuff, getting a loan, or even doing criminal like stealing.
Well, we can't also blame the people who think that way for credit cards. They way the banks make it easy for credit card holders to loan cash on their credit cards can really become the fuel for them to start gambling more. But I agree to what you have said, there should be no one to blame but the people who is addicted in gambling. If he can't control himself, they will eventually do anything to have money to gamble again. It is all about how they can stop gambling when they really have to stop.
1633  Economy / Gambling discussion / Re: Reckless gambling starts after a win round. on: October 06, 2023, 10:07:18 AM
If you have won big,you will know that it isn't easy to control yourself after a first round of win.A man won 2 million dollars with a small amount of money,and after then,he started using huge amount to stake on five odds in which he was losing continuously because he is intoxicated with the amount he won previously.This continued untill the man finished all the money he won and he was now in a state of had I known.
If I should win big,I don't think I would spend the money recklessly again on gambling,even if I would gamble,I would make sure I make good investment with the money first,and the remnants of it,I would continue staking the way I was staking before I got the huge win.

Exactly, this is reason why many gamblers don't end up spending their wins in something beneficial but rather gambling the money away. $2million is a life changing money for any rational person but if you are very reckless it will be all a waste.

Another reason why gambling is not a good way to earn money because whatever you win will go back to gambling rather than actually investing the money in profitable projects.

Addiction can also start from the earliest stage, for those who are looking to make big money with a small amount, you find them keep trying with every little amount they have, hoping one day will be they turning point where they will hit a jackpot.
That's actually true. But the only reason why your money will go back to gambling will only happen if you become reckless and if you didn't control yourself. Let's just say that you won a decent winning, then you bet higher than your usual bet because you feel like you will win but in reality, you are just in a rush to make more money without realizing that you are being agitated. This will lead to more losses, having out of control and result to letting gambling house to take back your winnings.
1634  Economy / Gambling discussion / Re: Never gamble in front of your kids. on: October 01, 2023, 03:25:06 PM
i dont think any gambler will intentionally want their kid to see them doing it. kids learn so fast and when they see their parent doing it they also want to try. its good to take caution and be very careful sometimes these kids might be watching their parents without them knowing and then they go to start practising behind them. one thing about children is that the like to practise what they see and if they see it constantly, it gives them confidence to want to try it.
I agree with you, how bad attitude or habit from parent they won't their children allow with his bad thing, all parent want give the best for their children but still not find right way how to guide or show them. Need private with gambling from our children and as soon possible we have clear all mobile phone history when our children use the same mobile phone or computer. Never give opportunity or make our children know with gambling and we are as parent must teach them which one better or not, if parent did bad in front of their children actually difficult when advice them for making some thing well later.
It depends on the situation, there are some parents who make their children to follow their steps. If the parents do gamble, they will teach their kids to do gambling. But yes, I agree that this is not approriate thing to do and parents should really not teach gambling to their kids. There's a right time for the kids to know about gambling.
1635  Economy / Gambling / Re: Casinos not asking for KYC to register and play, but do require it to withdraw on: October 01, 2023, 02:38:57 PM
Aside the above, I have seen and used platforms where one is allowed to deposit but can't withdraw without kyc,

Mostly trusted casinos don't do like this,
hey allow us to deposit and withdraw without kyc but for sometimes like 1-3 times after making an account.
after you deposited and withdrawn many times they will ask for kyc or after reaching their withdrawal limit they will ask for KYC.

and if any casino ask for KYC when you try to withdraw first time... and all are money is you won from casino then probably the casino is a scam.
No it is not. If the casino requires a KYC when you withdraw, it doesn't mean it is already a scam. There are different reasons for that, to verify that you are not a bot, to verify your identity and your age. This is an important thing for an online casino to also protect their gambling platform. You can read the website's T&C before you start playing and see if they require kyc or not.
1636  Local / Pilipinas / Re: May politician kaya na pro Bitcoin or may crypto investments? on: October 01, 2023, 02:12:56 PM
Tingin ko naman marami rin sigurong politician ang nag trade o investor pag dating sa crypto currency, hindi lang talaga siwalat o ipinaaalam kagaya nating mga normal lang na mamamayan, hindi natin kailangan ipaalam sa lahat na involve ka sa crypto, marahil malaki lang talaga ang impact kung mag gagaling yun sa isang politician. Tungkol kay Pacquiao naging involve lang naman sya pansamantala pero hindi na nag deep dive pa, bakit? Sa yaman ni Pacquiao tingin ko hindi na sya magiging interisado pang mag aral o alamin ng malalim yung tungkol sa crypto, dahil hindi rin naman basta basta ang crypto kahit gustohin pa ng kahit sino na mag involve pero hindi sya ganun kadali. Ang alam kong maraming involve sa crypto is yung mga sikat na artista.
Malabong mangyari yang sinasabi mo, ang mga politician at hindi mag aaksaya ng pera nila para mag trade o mag invest. Ang mga politiko ay mga segurista at puro pagpapayaman ang nasa isip. Kaya malabong pasukin nila ang crypto at gawin yang pag trade o pag invest. Siguro ang investment nila ay yung patuloy na umaangat gaya ng real estate at gold. Pero sa crypto, mukhang napakalabo.
1637  Local / Pilipinas / Re: Huwag manghula lang pagdating sa crypto on: September 30, 2023, 02:22:22 PM
Masasabi ko lang dyan eh kailangan mong ihanda ung sarili mo sa gagawin o papasukin mo, dapat ung kaalaman hindi naka depende sa
nag recruit or nagturo sayo, dapat may extra effort kang gawin para mas maunawaan mo yung kalakaran para kumita ka talaga.

       -  Naku mate, alam mo sa totoo lang, tama naman yang dapat maging handa talaga tayo. Ang nakakatawa kasi dyan ay mas handang-handa yung tao na mambibiktima sa atin, yung bang handang-handa nga tayo pero kapag andyan na yung kumakausap na tao, parang ang ngyayari na ay nahihipnotized na yung kausap na bibiktimahin.

Andyan na yung pakikitaan na ng pera, magarang sasakyan, at magandang bahay, tapos ipapahawak pa sayo yung pera. Tapos yung taong kausap mapapasukan na ng greed ng hindi na namamalayan at hindi narin napapansin nahahype na siya dahil sa mga sinasabi sa kanya ng mentor o motivational speaker. Kaya sa halip na pumunta, tumanggi kana lang para wala ng mangyaring ganun. Kaya importante talaga yung may alam ka sa crypto trading hindi pwedeng wala or dunung-dunungan.

Dahil kung may alam ka at makitaan mo siya ng maling sinabi nya about trading dun mo siya madadali for sure, at siya din mismo gagawa ng paraan para lumayo sayo, dahil iisipin nya na mas may alam ka sa kanya.

Ayun nga, yung iba ang galing mang uto. Kahit na sinusubukan naten na maging safe at secured ang gagaling lang kasi talaga nila mag push ng agenda nila at advertise. Pero tama ka kabayan na malaki ang matutulong na may alam tayo para at least mapapansin naten if may mali silang sinasabi at maiiwasan agad natin sila. Tama ka rin na mas maganda pa lalo if hindi natin sila ientertain para malayo tayo sakanila agad, mahirap kasi kung bibigyan pa natin sila ng chance para mas mauto at maloko tayo.
Nandiyan na kasi talaga ang mga pilipino sa ugaling gusto ng may karamay. Iisipin nalang kung sakali na hindi mag succeed ung investment ateast hindi siya nag iisa. Madami ang ganyan ang mindset, pipilitin makapang hikayat ng mas maraming tao, at magsasabi ng kung ano ano para lang makapang uto. Sa ganitong paraan, mas mabuting humingi ng oras para makapag isip at makapag research, hindi dapat basta basta magpapadala sa sinasabi ng iba.
1638  Local / Pilipinas / Re: PhilHealth under siege: US$300,000 ransom set by Medusa ransomware group on: September 30, 2023, 12:56:38 PM


Kahit na mayroon pa silang maraming pondo, hindi pa rin sila magbabayad. Maaring mayroong 'inside job' siguro, posible 'yan, ngunit hindi na ito nakakagulat dahil alam naman nating nasangkot na ang PhilHealth sa korupsyon noong mga nakaraang panahon. Sa aking kaalaman, walang nakulong na mga doktor at empleyado na inaakusahan. Tungkol sa seguridad, baka sa papel lang ito nakalagay na ligtas, pero sa totoong buhay, malamang na maging vulnerable ito. Alam mo na, baka ang budget ay na-korupsyon na rin.
Base sa naging aksyon nila wala talaga silang balak magbayad. Bukod sa walang kasiguraduhan na hindi talaga ikakalat ang mga personal information na nakuha nila, sobrang laking halaga ng hinihingi nila na imposibleng mailabas ng Philhealth. Pwedeng inside job o isa sa mga empleyado na naka work from home pinag-ugatan (base sa binalita sa tv) at dun nagsimulang mapasok ang system.

Hinihintay ko yung balita na may senador na magpapatawag ng senate inquiry kung ano ba talaga ang nangyari kasi yung mga roadrage napapatawag in aide of legislation bakit naman hindi itong nangyari sa Philhealth baka mayroon sila magawang in aid of legislation o kaya ay masabon itong mga taga Philhealth dahil sa defieciency ng security, kasi hindi pa ito matatapos ang usaping ito  hangang hindi nila na iionline ang Philhealth.

Bawat araw na shutdown ang site malaking abala ito sa mga transaction na sobrang bumagal dahil sa hacking na nangyari baka dapat mag mga ulong gumulong dahil sa nangyaring ito.

Ang tagal nga umaksyon ng senado tungkol dito, dapat agad agad binigyan na agad ng senado ng time allocation para dinggin ang nangyaring hacking.  Dapat lang talaga na may managot dito sa nangyaring ito, sana lang hindi escape goat ang managot kasi kawawa naman sila kung hindi iyong mismong responsabile.
Hindi natin malaman ang pinaka dahilan bakit wala padin silang ginagawang aksyon o hearing sa senado. Pagkatapos kasi maibalita ito sa tv, wala na naging kasunod sa balita. Nagkaroon lang ng mga updates online pero hindi na binigyan ng oras para maibalita sa tv. Napakalaking epekto nito lalo personal info ng maraming tao kaya dapat talaga managot ang may kasalanan.
1639  Bitcoin / Bitcoin Discussion / Re: How to keep safe the mnemonic phrase - Whats Your method? on: September 30, 2023, 12:37:59 PM
My way of keeping my mnemonic phrase is I created an excel file on my google sheets, you can find it on your gmail. Aside from that, I also created a copy of it on my computer notepad that was saved on my drive. I also saved on my notebook, all important information and passwords are in there. I always do that incase I lost one of my saved documents. I experienced losing it before, so I learned from it and I feel secured on that way.
1640  Bitcoin / Bitcoin Discussion / Re: Why is cryptocurrency illegal in some countries? on: September 30, 2023, 10:53:58 AM
In many countries, it isn't illegal, however the countries that have made it illegal do so for many reasons, volatility is one of the most often cited reasons, as is energy use, concerns over destabilization, or the ease with which criminals' activities can be financed and conducted using them. Forgetting the advantage of cryptocurrency which has over the years gained popularity amongst investors globally. With technological involvement and industrialization, digital currencies are obtaining a satisfactory position over others, for example, bitcoin. By using cryptocurrency it is easy to transfer money without any involvement of banks and other financial l institutions. Inflation protection, due to inflation the value of so many currencies drops with this many people see cryptocurrency as offering protection against inflation. Bitcoin has a hard cap on the whole number of coins that will ever be minted.
Bitcoin takes away some of the power banks and governments have accumulated over the years, tell me, do you think they like it? And as you may guess the answer to that is no, governments do not like it as bitcoin allows a person to bypass their money printing policies, or to put it in other words, they cannot use the inflation tax against you, and banks do not like it as their job as a middleman is not needed anymore, then it is not surprising that both are making movements to try to limit the adoption rate of bitcoin all over the world.

Indeed, bitcoin's decentralization brings us a lot of benefits, but for the government it is not good at all because they need more centralization to consolidate power. If they lose control of their citizens, it means they will collapse. So, it's no surprise or shock that governments don't like bitcoin and ban it. I think Satoshi himself foresaw this when he created bitcoin and that's why he decided to remain anonymous and leave no trace. But the question is, can the government ban bitcoin forever? When people defy the ban to use bitcoin.
Aside from the said reason above, the government will not track the transactions of its people and the bank will lose a lot of its client. They also think that it is possible that it can be used in illegal activities and they have no counter-measure if this happen. It is also possible that the country is not yet ready to adopt the technology to do transactions online.
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