Well, it's their system. They are free to choose what to or what not to allow. We hardly encourage people to rely on the system they control for long-term Bitcoin/crypto usage as it's not sustainable.

Better to do decentralized p2p Bitcoin transactions with people who are completely independent of the system and do not engage in immoral/illegal businesses

*Actually, the truth is the more you use your knowledge (or gifts) for the good of society/people the more good reward you earn.
*The more positive/good effect your solutions to problems have on society/people the more reward you are given.
*The more faultless the solutions are the more good rewards you are given.


If You are given reward you don't deserve, it will be wasted/misused because you won't be knowledgeable or smart enough to use it well or keep it safe. Everyone definitely get or reap what he/she deserves or sow

The irony of this👆 is that Bitcoin was created due to the crisis in their centralized and opaque system. Many years later they want Bitcoin which stands on its own and has never been bailed out by any government to become like them.
Part of the solutions to the banking sector is to become like Bitcoin/cryptocurrency by building within or ontop of it, and according to its principles. That could even help them realize how little or insignificant they are compared to the Bitcoin Network/System. It's more than mere industry, it's a Nation on its own, independent of other Nations, self governed by fair rules without much issues.

That part of the scripture is actually about becoming profitable with the gift our CREATOR has given you. Better still, using the talents, knowledge or resources that have been given you to produce goods things for the benefit of society.

If You are not productive with the gifts they will be taken away. If you are productive more will be given.



Not a good idea to use the quote for the culture or standard of the world. Don't forget it's a dead world that can hardly produce any good thing or do good.. They need the true light to see and do right.
The quote is meant for the Israelites or Christains.



* The World's culture isn't really fair. Small businesses that use their gift well will likely not get more gift unlike in the Kingdom of Light. They get more blessings or gifts as they continue to do right and grow

Op actually exposed what is wrong with the fiat system which I typically call evil system partly due to it's opaque or non-transparent nature which is synonymous with darkness/night he or she erroneously tried to equate with transparent Bitcoin system.


In regards to debt based fiat system you say is the reason fiat put into circulation, Bitcoin doesn't need to function in that manner. It's model after gold which is mined with energy/electricity and put into circulation. The miners don't need to give up their house to own bitcoins. They use electricity to mine bitcoins which become theirs rather than borrowed. So they don't need to return any resource that's worth roughly the amount of electricity expended to mine the bitcoins. Just like gold people use energy to mine bitcoins which become theirs and can be used for the exchange of goods and services. Miners don't need to owe a bank somewhere or become debtors to own Bitcoins. Fiat debt based system is actually part of what is fundamentally wrong with it. Bitcoin system is not debt based. Whatever you decide to borrow is between you and your lender. It's not tied to the system like fiat

The Bitcoin system is quite advanced with inbuilt features to protect members . It already has the so called built in mechanism you are referring to. It's a basic smart-contract which can be used to enforce a contract or agreement between lender and debtor. You don't need banks for that. The smart-contract works inplace of banks.

You do not seem to understands Bitcoin really well. And your writeup generally doesn't really make much sense. I got some headache trying to understand it. Sorry for the harsh words but it's true.

I think they should be able to properly define what spam is in order to identify and reject them.
Spam in Bitcoin context is simply Irrelevant & unwanted transactions that come in quick succession or in multiple amount in a given time. A transaction has to be relevant to the purpose of the Blockchain to be accepted otherwise it may be rejected alone or must be rejected if found to be spam.

Blockchain is purposefully designed for financial transactions or light data.
Heavy NFT or other heavy stuff could be allowed once in a while on a Blockchain but rejected when they became common/frequent.

Bitcoin trading at the current price has nothing to do with what you mentioned. They are a drop in the ocean of what possibly could move the price.
The current market situation is actually a reflection of what Bitcoin was set to trade...which is between 25,000  and +30,000. From now onward (LORD Willing) it will be crossing 30,000 again and never drop below that until it hits new highs.

This movement should start from now onward.

All Glory be to the CREATOR of the Universe

Such city will need to be compatible with the Bitcoin ideals in order to be a success. So, I'm thinking of something close to libertarian society , or perhaps a community with less powerful center with people owning their own water sources in form of private borehole/wells, electricity sources inform of private generators etc. If having companies becomes necessary for water, electricity or things like that then each member of the community will need to own a stake in the companies and contribute to their future growth. The companies won't be allowed to build any stationary facility. Their facilities should be modular facilities contributed by stakeholders within a given standard and they should be easy to move around when necessary

Well, between now and then (10 years) most cryptocurrencies will be crushed, captured, or become part of the fiat system.
 Don't worry too much about Bitcoin & few other decentralized cryptocurrencies as they will be well defended and will withstand anything the World throws at them.
 There will be fierce and very violent storms ahead but Bitcoin is in Good HAND and is built to withstand them just like the Biblical Ark withstood the great flood & was used to preserve lives and values.

Just do the right kind of works, the ones you enjoy & love no matter the pay and you wouldn't feel that way anymore. Doing such works would be like entrainment or having fun that you may never need a pay time off except for relaxation or rest. Weekend and night rest should be enough time for proper rest.

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If you love and enjoy your job you will kind of be addicted to it to such an extent of suffering withdrawal symptoms when you stop working for some days.


 

Investors need to know How to invest, How much to invest, When to invest, etc.
On how to invest, that's probably why they are advised to DYOR.

In regards to how much to invest, we typically advise people to "invest what they can afford to risk".... *what you can afford to lose* should be reserved for gamblers not Bitcoin investors as it's quite rare to lose all your investment to price fluctuations. The risk is in losing part of your investment or not growing it at all.
Just use the amount of money you wouldn't be too bothered about when things aren't going your way.


Finally, it's important to know when to invest. Invest when you are certain that price will go up & stay above your investment entry price long enough. It's important to know the right time to enter and probably the right time to exit the market, when you need to.  You need someone who can predict the market accurately to guide you on this. Such people are quite very few and are most likely Prophets who depend on our CREATOR for such rare knowledge. You can identify them by their consistency and unwillingness to take the credit for their prediction accuracies. They instead give the Credit to the CREATOR of the Universe.

Bull market is market controlled by Bull while bear market is market controlled by bear.
You know which is in control by how much it moved (compared to the other) after a reversal from its lows or highs. You become certain the Bull or bear is in control when the bullish or bearish scale is tilted upward or downward (from the reversal) long enough by its weight while hitting new highs/lows.


If not sure, just buy the lows and wait for highs where you may sell for profits

It's about control & replacement just like with the robots.
But that wouldn't be necessary if the world isn't getting dumber.  When the natural light becomes so dime, the bearer looks for artificial light for help. The one who creates & gives the artificial designs it to show things from its own perspective. So, the artificial light users will think like him otherwise they will be replaced. Hope you understand where this is going

Just replace the word "gambling" with "very risky" to see whether they are correct. Gambling and very risky are basically thesame thing. Gambling would mean that the risk of failure is very high But this doesn't seem to be the case for Bitcoin which has been operating smoothly for over 10years with very little human intervention. I wonder what government regulated system can boast of that. Besides, I haven't read much about people losing their Bitcoin due to the failure of the network/system which has never been regulated by any government.  I also haven't read of anyone losing all his/her Bitcoin assets due to price fluctuations. The risk is minimal even for the newbies and almost little to zero for those who have mastered it.
So, True Cryptocurrency like Bitcoin is actually way safer than what they currently regulate. I wonder what will become of things they regulate if they become "unregulated" like Bitcoin

They should simply be taught to use the money for things that benefit society/others and themselves. When it comes to spending on themselves, they should spend more on good things they need rather than what they don't need.

You could also teach them to gradually grow whatever amount/gift they recieve by investing them in profitable businesses they don't necessarily have to be involved in.

We need some kind of fully decentralized Side-chains or Multi-Chain auxiliary Network with token/coin that mimics Bitcoin price. The Network has to be compatible/interoperable with the Bitcoin System and built according to Bitcoin ideals... Building according to Bitcoin ideals would be like building in a rock, this should keep things as secure as the Bitcoin Network itself.  People could then move their heavy transactions to the Multi-chain Network, lock their bitcioins in multisig accounts or smart-contracts to access equivalent amount of tokens to do all kinds of possible transactions with one another. Once they are done,  their final Bitcoin balances (probably calculated by the smart-contracts that contain their locked bitcoins) are sent to their Bitcoin addresses

Let's 30,000 becomes the new support, then hit a new high before we end this bullrun.
This is impossible without GOD. All Glory be to HIM alone.

He's better off starting small as a beginner until he's experienced enough to handle higher amount of Bitcoin. Or he could learn first or get someone trustworthy and experienced in Bitcoin for guidance if he chooses to start big.

I hope he doesn't give up now. He may try again with small amount or learn how to use Bitcoin safely before buying more. I think he will succeed through a qualified guardian or through necessary knowledge.

I think many regular coffee consumers consume coffee due to the benefits they derive from it. Some say it makes the drinkers feel energetic, high, alerted, helps in concentration, etc. These benefits could be necessary to increase the productivity of people during work. And it's important to start one's day with any good thing that helps boost productivity without abusing it.


Coffee consumption becomes an addiction if the consumers can't do without it such that they suffer withdrawal symptoms when they suddenly try to stop consuming it.