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981  Bitcoin / Bitcoin Discussion / Re: What are implications of total satellite destruction on Bitcoin? on: November 17, 2021, 10:14:07 AM
A well decentralized Bitcoin would still continue to run even if the whole space is covered in debris because it won't be dependent on only space or satellite. It's not even reasonable for a decentralized network/system to depend only on on space or few other means for internet. You will need wide range of internet sources to be considered properly decentralized. And it's better to use some sort of decentralized internet/intranet. Decentralization has to touch all areas of Bitcoin Network, not just in mining, running nodes, with network participants, internet etc. This is important to eliminate a Single Point of Failure for the Bitcoin Network/System. Properly decentralized could also means it's anti-fragile and won't easily shutdown or break no matter what ia thrown at it. The only thing that can easily shut it down is a SUPREME BEING that is above all human intelligence and creations.
So, one of the best ways to prevent such scenario is to avoid depending on space or satellites alone
982  Economy / Economics / Re: Credit cards | A scam or a tool? on: November 17, 2021, 09:14:54 AM
I think it's a bit similar to what Universal Basic Income is to future world. You are encouraged to be dependent on the system and spend more than you can afford to repay on things you like.
Something like that would only be allowed in my family if family members will be willing to spend the money on things that are profitable and they will have to know how to make profits from such things consistently. If it's for education, the education must be making them better people with proofs on their good works. If it's for car, the car must be making very useful contributions to the individual, etc.   The contributions/profitability should be enough to repay the loan.

I actually haven't used one. I'm not sure I have borrowed money from banks before. I don't really like the idea. I could borrow from people close to me though.
983  Economy / Services / Re: [Open] ▄■▀■▄ 🌟Bitvest.io🌟 - Plinko Sign Camp (Member-Hero Accepted)(New2) on: November 16, 2021, 08:47:46 PM
If there is anything right the manager and campaign owner would like to be helped with, just let me know.
Don't forget the bolded below.




:

1) People commenting/complaining in these threads.
2) That the price of Bitcoin goes up. If it keeps going up and goes to $60k, $70k etc. he will surely pay soon, otherwise it's going to be very expensive for him.

Best, Poker Player.
984  Economy / Economics / Re: crypto for the development of local farmers...can.....? on: November 16, 2021, 05:30:01 PM
I'm actually more interested in development of self-sustaining farming system that's well built to attract talented/passionate farmers, buyers, sellers, researchers, workers, investors etc to depend on one another. You could attract them on fraud-proof platforms (with the right agric-friendly tools/infrastructures) that focus more on local farming and allow participants to monitor and regulate themselves based on set rules, and help ensure that most things are done properly.
I don't think investors should consider making lots of money at the expense of cheap healthy foods. There could be other ways to make money to avoid affecting the cost of good quality food too much
985  Other / Off-topic / Re: Premier League Football Club on: November 16, 2021, 03:59:40 PM
I think it's better to have Crypto Community football Club competition that are independent of the system. That will probably mean starting from scratch or having clubs/investors that are willing to break away to join and fund an autonomous crypto football competitions.
986  Bitcoin / Bitcoin Discussion / Re: Bitcoin ecosystem’s weakness on: November 16, 2021, 03:39:57 PM
I have read an article that the Swedish regulators are proposing a ban on cryptomining in the European Union.

If they ban it or regulate it, this presently shows a weakness in the bitcoin ecosystem. Anyone can argue that they might not do it because half or more of their energy sources are renewables. However, the regulators can always have the ability to ban cryptomining because it has become a business that needs regulator permits and licenses to begin operation or be approved to operate. The danger of a ban will always be there.

I reckon there should be a development and engineering team formed to research on Asic resistance. Users should be given back the ability to mine in the privacy of their own homes where the government has no right to stop them.


Ofcourse. Sometimes I wonder why much attention has been paid to the bolded part. In my opinion, clustering lots of miners on one or few places happened so quickly and at the wrong time. It could be considered a single point of failure.
The Bitcoin Network should be encouraging properly distributed/decentralized mining to help in securing the Network. Once a Network is losing is decentralization, you could be right if you think it's becoming less secure. By the way, other Blockchain Principles are affected once a cryptocurrency start losing it's decentralization.

The only reason centralized organizations/companies appear safe is because we don't know much about what they do in secret, and they are kind of protected or are not too bothered by governments once they are licensed
987  Economy / Economics / Re: Inflation is always and everywhere a monetary phenomenon -- Milton Friedman on: November 16, 2021, 10:32:56 AM
Well, this is one of the reasons it was recommended that government pay those who are working or solving problems so you don't have to pay those creating the scarcity/inflation or those who aren't working well enough to contribute to society.
Paying able-bodied people to do nothing is such a dumb idea. Those who practice that as leaders are not worthy to continue to lead
988  Economy / Economics / Re: Legalization and Standardization of Organ Donation on: November 16, 2021, 10:19:42 AM
I don't really think it's a good idea to sell your organ for money to save lives. That could translate to: "I will only save your life if you give me money".

I haven't really sat down to deeply consider the use of organs from strangers and the implications. Assuming it's moral, I would rather encourage donations and look for ways to get more people to donate. Maybe by offering their children/relatives some sort of beautiful certificates/cards that prove that their dead parents or relatives helped save the lives of those in need of organs. Donors could be treated with respect... That all the certificate can do
I don't like the idea of people selling part of their body for money, it could encourage all sort of abominable behaviors.
I think you could just publicly list those who need organs, with urgent cases at the top of the list. If someone on the list dies, it should be public too so that more people will be willing to apply to save others. Those on the list can be anonymous, but there should be ways to verify they are real humans in need of organs.
989  Economy / Economics / Re: Does the Dark Side of the Art Industry Foretell NFTs Future on: November 12, 2021, 04:36:51 PM
There is a reason why certain people dance around ancient trees, and that could be worth alot to them but meaningless and worthless to those who do not know the truth behind the whole thing.   If a mere image of a beautiful woman starring at you in your eyes could have a profound effect on your body and mind imagine what an intricately designed arts could do.
There is a good reason why our CREATOR forbids humans from arts idolatry.
990  Bitcoin / Bitcoin Discussion / Re: are crypto owners naturally paranoid? on: November 12, 2021, 03:38:53 PM
I guess being "paranoid" is why we have Bitcoin in the first. I wonder if those who trust the system so much will be able to create something as revolutionary and secure (secure, by the world standard) as Bitcoin.


By the way, I think it's better to have the keys inscribed on hard objects and buried in multiple places you can remember, than having them controlled by centralized exchanges.  
I hope people also realize the need to control their private/sensitive data in similar manner .
991  Bitcoin / Bitcoin Discussion / Re: When Religion and Finance [Bitcoin] Overlap and Clash on: November 12, 2021, 03:20:25 PM
Well, what is important is to know where the authority comes from, whether it's from the CREATOR of Heaven and Earth, or from an evil entity that controls the world and false religions.

We will know the truth in no-distant future. And there could be the desire to unban when the world is in choas. I predict that there will be regrets and shame for the foolish.
992  Economy / Economics / Re: Mindset game for the skilled and unskilled. on: November 12, 2021, 03:03:04 PM
Sometimes I find it a bit difficult to wrap my mind around the thought patterns of the World and this happens once you are no longer one with the world.  One of the easiest way to figure things out is to bend low to their level again and that could mean going back to your vomit.

To be honest with you, what you bother yourself with will never be a problem once you are broken free from the system.
Let me give some idea what it's like to be really free, once you are free you eventually realize that what the world constantly strive to have is given to you freely & easily whenever you want as long as it's good and will be used for good. Nothing will become difficult anymore. You then realize that the dead world dwells in deep poverty.

Have you watched the worldly movies of superheros who just have whatever they think or want? that is nothing compared to what you benefit from when you have been united with your CREATOR and nolonger part of the system of slavery.



*This includes learning and benefitting from new skills. You learn inside your heart or in the Spirit, and you are not taught by world or people enslaved by the world anymore. Even the very wealthy or rich in the world of slavery will heavily depend you whether they know it or not
993  Alternate cryptocurrencies / Altcoin Discussion / Re: is it still possible to build Dapps platform on Ethereum network on: November 12, 2021, 10:35:12 AM
Hasn't the fee problem been solved already? Well, if the issue had been anticipated, they probably would have been careful growing the users to the level the network can't handle.
It should be able to Scale first before it fully opens for serious business. I think this is part of the reasons Bitcoin doesn't encourage things like defi yet.
994  Other / Off-topic / Re: Do you think betting on Games/Events/Competition is evil on: November 12, 2021, 09:50:33 AM
I do not think that this is bad, how everyone decides for himself whether to play or not, but this is just one of the ways of entertainment, it is clear that a person who comes to play with the aim of making money does not fully understand that everything is not so simple.

Ofcourse. The intention of players/bettors matters. So that's probably why some would see nothing in it while others will see it as a bad thing. How the movie or entertainment industry portray it could also play a role. If they keep telling people that banana or pig is evil long enough, alot of people will definitely believe and probably start hunting down people who eat banana or pig.

I actually have couple of betting sites (probably alot) i bookmarked long ago to use later. I try to make sure the games/competitions are moral before bookmarking them. Interestingly betting are some of the few businesses I have bookmarked.
995  Economy / Economics / Re: Money and wealth as the major religions in world. on: November 12, 2021, 09:37:31 AM
More than Half of the life span of the human race is centred on making of money or wealth.
Because without it, what would we eat? We need money to have the freedom to buy things that we need and almost all of the time, these things are needed. Water. Food. Clothes. All that needs money to buy and it takes time to accumulate one. However, lets not forget that money is only a medium of exchange to the things that we need. Happiness by heart can't be bought by that.


Money would not be needed in ideal World where people are honest and trust each other. When you need home in such world, people would help you build it for free knowing the kindness will be reciprocated. When you need to eat, you plunk corn from your neighbor's farm and the neighbor will be full of joy that someone has benefitted from his work. I think money/currency would be needed in society where people don't trust each other
996  Alternate cryptocurrencies / Altcoin Discussion / Re: Should the Uber of crypto use Ethereum or build its own chain? on: November 12, 2021, 09:19:38 AM
I think it's more reasonable to have such company  exist as dapp on a Cryptocurrency Network. It's more like having companies existing on Nations. I typically consider well Decentralized Networks as autonomous Nations.
Does it have what it take to own a full crypto network and maintain it?
997  Economy / Economics / Re: Financial Stability - Get yourself non ending economic circle. on: November 11, 2021, 05:41:13 PM
Better to just solve problems... If people appreciate or not, you still get your rewards in one way or another, as long as you do what is right. Such rewards always come from above and nobody can stop it.
If problem solving counts, whether people reward you or not, you could rightly claim you have multiple jobs.
I believe the world should emphasize on Solving Problems or making useful contributions to societies rather than just having a job. Lots of people don't contribute much in their jobs or are creating more problems yet are fully paid.
What you're describing is way too common in the work environment, believe me. I haven't changed many occupations, I'm only 23, however, I came across what you're mentioning almost in every single workplace. I now work in a gas station, and there's more than a handful of employees there who do not deserved to be paid in full, for such kind of work they're providing.

Ofcourse.
A better system would reward people according to how well they solve problems. You could create a reward system that encourages others to find faults in people works based on laid down rules/standards that should not be violated. Fault finders could be quite polite though, and probably discreet/anonymous. A worker's rewards could be retained or rewards automatically given to him/her if no one is able to find fault in his/her work. Fault finders could be given the rewards that's meant for those who fail to do their job properly. This reward system should encourage workers do their job properly especially on a decentralized crypto network.
998  Economy / Economics / Re: Real estate vs. Bitcoin on: November 11, 2021, 04:29:54 PM
I am not aware of the circumstances from where you're speaking but as far as my local situation is concerned, real estate is still one of the most trusted and certainly profitable investments. The increase in the prices of real estate properties is consistently rising, that is, despite the foreign exchange fluctuations. So I don't think there is a significant correlation at all between the two.

Also, I don't want to put a versus in between real estate and Bitcoin. Bitcoin's rise and fall in fiat value makes it a very risky investment, although it could also double in just a matter of weeks. Real estate, on the other hand, is a very safe investment which almost guarantees you consistent and smooth value appreciation over time.

I'd rather have both.
Before you are start to invest should study about your investment choice and  analyse it's pros and cons. Then only anyone could choose better investment option.

The risk factors are there in both but real estate is less risk and long term stability as compare to bitcoin , is less stable and high risk.
Real estate is long registration process and can't buy or sell immediately. Easy to invest in bitcoin just a click.
Growth is low in real estate as compare to other investment options. Return from bitcoin is very high as compare to any other investment.
In real estate we need huge investment but with a minimum amount we can invest in bitcoin.
In every investment option has their own risk factors so choose wisely.




In regards to the bolded parts of your post, anyone who is concerned about risk should be experienced enough to know how to manage risk. You could drastically reduce risk by not investing what you can't afford to lose, by investing longterm and you can still be profitable assuming it keeps improving. If Bitcoin investors are mostly long-term investors like we have in real estate, (with Bitcoin having a self-sustaining economy) the occasional extreme price volatility which people consider high risk will be moderated. Imagine if people are selling homes for short-term profits or almost immediately they buy them, that will likely create that kind of price volatility
999  Bitcoin / Bitcoin Discussion / Re: Bitcoin will bring the chaos what the world need. on: November 11, 2021, 03:21:01 PM
Bitcoin is a Network designed for people fleeing the choas and lawlessness of failing centralized systems. And it's build to survive the choas, and not built to cause it considering the transparency, immutablity, privacy etc of the Network.

Nothing suggest it's a technology that will bring what you described. I wonder if you have observed or read how multicellular organisms function... Very organized, functional, automated, work in harmony, or rather achieve consensus in harmony
 It's abit similar to how Bitcoin Network/System works, though Bitcoin is very basic form of it nd not as complex.
1000  Bitcoin / Bitcoin Discussion / Re: Do We Embrace Sidechains? on: November 11, 2021, 02:53:02 PM
I'm actually hoping to see a proper sidechian which should be an integral part of the Bitcoin Network, with Network Participants on the main network able to easily take part in the sidechains network consensus as they take part in main chain consensus. For the sake of security and decentralization, there are other important factors to look out for when considering proper sidechians.
I'm not sure if any I have seen so far is close to proper... Will probably go through those on your list later to see how close they are
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