Meanwhile tells a different story.
Just a matter of different data percentages. OK, I was wrong  Man, am I scared. The scary regulators have been trying to put a leash on Bitcoin since 2008. But they will definitely do it. They totally promise.
Actually I prefer news like this to appear, so that bitcoin continues to be talked about and debated. On the other hand, people will increase realize that bitcoin is much better. It's not scary to me, because after all bitcoin remains in the same function and dimensions, let the debate continue, it will only make bitcoin more advanced |
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 Five of the best states in America, which are interested in Bitcoin and Ethereum, if you look at the statistics, Bitcoin is in the main position of 76% while Ethereum is 24%. Only in Florida is Ethereum more attractive than Bitcoin, with percentages of 7.4 and 6.9 |
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You posted a pretty good read, but the gist of my post, only talks about cryptocurrencies in a special sense, where they started to be widely known in 2009, the cryptocurrencies you mean are also not at the level of perfection. It's true, referring to the link you shared, but bitcoin is also the oldest coin today. "The first known attempt to create cryptocurrency was eCash in the 1980s. David Chaum wrote the first whitepaper and founded a company called DigiCash which would eventually create eCash".If I may, I'll edit and include the link you provided? Thank you for your input |
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We have seen this discussion a lot in various existing threads, but I want to make a little difference with the previous thread, so that it has a new meaning for the color Cryptocurrency and Bitcoin, even though it looks general what I say. I'm sure there are many people on this forum who understand cryptocurrency and Bitcoin better than I do, but it never hurts to emphasize and make it easy for beginners to understand Cryptocurrency and Bitcoin. Cryptocurrency Image Illustration 1. Cryptocurrency is a digital currency, which is used for virtual transactions, Cryptocurrency comes from two combined words, Cryptography which means secret code and Currency means money or it can also mean Cryptocurrency is a combination of coins that exist today. But to see its meaning and function more broadly, you can look it up on the internet, so that our insight is broader and deeper. Bitcoin Image Illustration 2. BitcoinBitcoin itself is included in cryptocurrency, but still lives up to its name, besides that bitcoin also has the same function, as a digital currency that can be used for virtual transactions, bitcoin is more popular than other cryptocurrencies, There are several reasons that make bitcoin more dominant today. Bitcoin has developed in other functions, not only limited to investment, for example buying goods using bitcoin, some products have implemented this for certain purchases, but it is not yet seen as common as purchases usually use fiat currency and only certain countries adopt bitcoin as currency legal money. For beginners, these two things must really be understood, so that the dependence of understanding does not only rely on logic, so that we can put cryptocurrency and bitcoin in the same sense, but the difference is only in the value and interest of someone in using it. Due to the many posts I see in the thread, very often people mistake and place Cryptocurrencies with Bitcoin. Cryptocurrency and Bitcoin Images 3. Benefits of Crypto and BitcoinTalking about profit cannot be separated from financial income, where the two points I mentioned have their respective patterns in investing. Cryptocurrencies are generally quite broad for us to review, because they refer to the number of coins available, but there are some that are referred to as potential altcoins, maybe friends focus here, if you want to invest, For now the author prefers bitcoin for investment, because bitcoin has developed quite widely, but if you like altcoins there is nothing wrong. This is just my personal opinion. Advantages of Investing in Crypto at large, The author deliberately does not review the four points, so that my friend gets used to finding out these four points, so that in the future you can understand more. 1. High Return 2. Universal 3. Fast and Easy 4. Transparent While the risk is accepted 1. FluctuationWhy is it called Fluctuation because overall prices can change so fast, a decrease in selling value can occur at any time with various problems that occur, so the risk to Crypto is quite volatile, for people who have been in crypto for a long time will understand very well. Behind the advantages and risks posed by crypto, of course there are negative and positive values, but that does not mean it cannot be minimized, by understanding the types of investments, strategies and knowing the right time to enter the market. Thus, investments can be controlled at the stage of minimizing risk, this is also related to the understanding and knowledge of everyone who starts trying to enter the crypto market in general. If the understanding that the author conveys is still lacking, maybe it can be added in the comments column? Two other sources as reinforcement of reading material 1. https://www.investopedia.com/tech/were-there-cryptocurrencies-bitcoin/2. https://queue.acm.org/detail.cfm?id=3136559 |
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50 years long mortgage is a financial nonsense. This is longer than most work life. I cannot think about working literally from your first day to the last one, and more, to pay for your primary shelter.
This is a desire sperate move to lure peoples le into buying houses they cannot afford.
In the area where I live, it's even worse for the sellers of tender houses (contractors), they suck the blood of small people and work very well with banks, which are labeled as Shari'ah. Bank as a third party that provides guarantees for people who take the house, provided that the certificate of the house is held by them. This shows how evil they are to suck the blood of the little people in a measured and systematic way. The requirements given are also not kidding? 1. Time periodThis relates to the time period agreed upon by both parties (the Buyer of the House and the Bank), the longer the agreed year, the greater the profit received by the third party. Because the buyer will continue to deposit every month according to the current year's agreement. 2. Down paymentThe amount of the down payment that must be deposited depends on the agreement between the home buyer and a third party (bank), taking into account the conditions they provide, the smaller the down payment, the greater the monthly deposit. 3. Monthly InstallationInstallments determine the price of the house, because the smaller the agreed monthly installments, the longer the ratio of the specified repayment period, thus the more expensive the house price. Examples I've seen Term of 20 years Downpayment $5.370,21Monthly Installment Ratio $134,26Let's count? 20 Years X 12 Months = 240 Months 1 Month Deposit $134,26 X 240 Months = $32.221,25Down Payment $5.370,21 + 240 months Deposit $32.221,25 = $37,591.46Total for one house $37,591.46In fact, if we buy land and build our own house, without using their system, the money we need is around $16.781,90Thus, if the term of the agreement is long (Current Year), then the third party will automatically benefit $20.809,56, because the monthly deposit will run according to the year and the agreed down payment. Then try to calculate the mortgage for 50 years, That's roughly how they rob money from the little people. Fuck them!!!! |
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so I think it's way, way too early to start passing judgement as if we know all the facts
It seems true what you say, it's too early to make a statement about the problems they face. I had a strong feeling Saylor and/or MSTR was going to be hit with one or more lawsuits, but I figured they'd start by the shareholders, not the government. Anyone want to bet there's going to be a massive wave of shareholder lawsuits coming soon?
But if the claim is true, then shareholders will protest against a much larger lawsuit and it could happen. That's why political relations can never be separated and look so terrible, when it comes to play. I hope my view is wrong? Given the peculiar voting rights in Microstrategy’s governing bodies, I reckon minority shareholders have no option than a lawsuit to express their voice.
What I think is that Micheal Saylor already survived a -90% share price drawdown and survived as CEO, so I see little scope in a similar lawsuit.
Two different statements I get? Saylor said that it was the company's domain for tax reporting, but on the other hand the company considered it was Saylor's personal tax problem, so there was no fundamental relationship with the company. The two statements actually contain meaning, it seems Saylor's position in the company is being questioned, considering that there has been a CEO change (if I'm not mistaken) Or it could be the other way around, both making musical dramas, as a form of 90% stock price decline as you mentioned, am I exaggerating? |
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I don't really disagree with anything that you said in your response to me - even though it seems to me that you are expressing different concerns than the ones that I thought that I was attempting to question.
Precisely the uniqueness of bitcoin lies here, we do not need to agree or otherwise with the views of others, but the rhetoric that we convey still boils down to the actual reality, where bitcoin is always in the same function and dimension (Unlike those who don't like bitcoins) It seems to me that we are not always going to be able to ascribe the goals and tactics of governments in the same ways across jurisdictions because some governments may well consider themselves to be more friendly to bitcoin and others might take a more hostile approach - with all kinds of variations in between, so I was not necessarily trying to categorize the various approaches that governments might take or if there might be some common parameters in which various governments might be treating bitcoin (and/or other crypto currencies when they might end up lumping bitcoin regulation in with the regulation of various other crypto currencies/assets, too).
If they want to be honest (Third Party), it's not that they don't like bitcoin, but that they don't know where to start with the desired approach. The proof is that there is not a single third party that actually prohibits bitcoin and crypto from circulating under their leadership. Even though if you study it, they can limit and block every site related to bitcoin or crypto, they only make dictions that don't like or are not friendly with bitcoin, but at some point they also don't close these two things, or who can guarantee, that they don't invest in bitcoin, aren't all forms of identity well preserved in the current investment system. Then the question arises, blocking sites or those related to bitcoin is not a solution, because it can still be accessed via a VPN, there is another, more extreme way, third party banks do not accept remittances of any kind related to digital currencies. If we expect to transact and interact with bitcoin for a decently long period of time into the future, we are not necessarily going to know in which ways rules in the future might change (could become more hostile or more friendly towards bitcoin), and even if we do not know all of these factors, we still might want to figure out if there might be ways in which we are going to want to hold some of our bitcoin value away from third-party systems, even if we might still keep some of the value within some kinds of third party systems and we might even want to transact with and within such third-party systems.
In this case I am quite agree, it is certain that the rules in the future will change, when everyone is more aware and a third party will see potential problems that can be solved with bitcoin, I am sure and optimistic that it will be better In the future, because of awareness to accept something new, it must require the right time, so people do not abuse new things. I would not even be attempting to assert that in these times that we might not have some advantages to attempting to maintain a foot in both worlds - but at the same time, there can be risks with how you hold your bitcoin and how you make your interactions in either system (and surely some folks believe that there should be goals to attempt to completely go into the bitcoin world, which could have its own risks and complications if questions might come up about how you are holding and transacting value and questions about whether you have obligations to report your transactions or your wealth.. which can also vary from jurisdiction to jurisdiction and the rules might change in the future too (in either more restrictive or more lenient ways).
Everyone must have the aim to enter the investment room, if not the same as carrying money in the wrong place, because in investing there must be advantages and losses experienced, depending on people who take steps and strategies. For me personally, this is not a problem in terms of reporting wealth and tax obligations, as long as the rules made can protect and bring benefits to those who report. Their task is to guarantee and protect, while we provide obligations (balance) It is not necessarily easy to attempt to invest in bitcoin and even to attempt to transact in bitcoin while at the same time trying to protect your finances and/or your privacy in various ways, and surely a decent number of bitcoiners are likely going take the easy way out and hold and transact with their bitcoin through third-party services that may well be leaking personal data or holding the coins of the person who thinks that they have bitcoin when they may ONLY have claims upon bitcoins that may well not even exist. There is likely no one solution because there still are a decent number of complications in holding your own keys, even if that may well be amongst the most empowering of ways to hold and use bitcoin.
I think bitcoin is simple, the highest authority that controls any risks that arise is ourselves, both protecting finances and leakage of identity (privacy), of course when people know how to protect and maintain security, they will be more careful, this reflects the someone's ability to put things right, not to be careless and not to do anything dangerous. Hopefully our discussion will not be widen and thank you for serving me, in this long discussion. Respect to you master |
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what's the solution? how you going to stop people from manipulating bitcoin like this? design a better bitcoin? pull all your coins away from third parties? people are still going to use third parties and even create debt instruments regarding bitcoin, even if we don't want them to. I am not anti-government, but I doubt governments are going to help.. and I am not even sure if there is anything that governments can do to actually "help."...
I also have the same view as you, is this third party more inclined to the government as a state stakeholder? If I don't fail to understand the content of your comment. (Please straighten) Bitcoin if connected directly to the government will experience discretion, is this possible? because they never take bitcoin seriously, all they think about is how to benefit from bitcoin adoption, it's not wrong if they think so, but sadly bitcoin is no longer attractive for decentralized system, because they will adopt according to interest. The government should open up the widest possible space for bitcoin growth, thus bitcoin management will run on the desired path, the more people who take part, the greater the opportunity for state tax revenues to increase. Important note, the government must make special regulations regarding transaction taxes in crypto or bitcoin, regulations are made based on transactions and convert bitcoins to fiat currencies (Respective Country Currencies), for example each transaction is subject to adjusted tax, tax deductions are made directly by the bank concerned, so that the tax will go to the state treasury, thus the more transactions carried out, the greater the profit obtained. Especially for my country, currently the Bank has cut every transaction by 10K. On the other hand, let bitcoin grow, thus fiat currency becomes the most important part of bitcoin journey. |
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I have forgotten where it happened, but I remember a case from a few years ago where two underaged degenerates beat up, stabbed, and killed a young boy in a bus in the middle of the day. It might have been a tram. The vehicle was full with grown-ass men and women, but no one found it necessary to prevent 2 kinds from killing another one. We live in weird and bad times where if you see a guy beat a girl on the street, the reaction is to take out your phone and videotape it.
Not the other way around. Am I too pessimistic?
Morally and honestly, people like this deserve to be appreciated, we live in an era full of hypocrisy, social functions are completely lost in the part of life. Because honesty and other people's problems are considered irresponsible to the individual, while social control fosters honesty in the sensitivity we see. We find it difficult to give applause and appreciation to others, because it is considered a compliment. But for some, it is seen as a motivational boost in pushing for social control. Once again I really agree and give appreciation to people like this, but it is not analogous to other good cases who are meritorious people in the forum. |
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First National Workshop on Digital Economy and Digital Transformation of Society & Private Sector The Decision Taken by President Faustin-Eurchange Touadera, not only bitcoin was approved as a legitimate means of payment, but the most surprising was the "Sango" Project. What we know is that the state still has weaknesses in the field of technology, extensive electricity coverage and low internet use, the skepticism of project feasibility is not well connected and is still haunted by civil war. Ten Countries With The Lowest Internet Use, The Republic Of Central Africa In Number Two Even some of the online media that I explore, the "sango" project will be described as the National Digital Currency of the Central African Republic, this is a very rushed step or as an option for low-sales people, to receive bitcoin and crypto as progress in the period forward. I try to assume and analyze some problems with the big plan that will be carried out by the Republic of Central Africa 1. The National Digital Currency "Sango".This refers to some of my comments in another thread, population coverage is not possible for bitcoin to be used as a legal transaction tool in short term use, so "Sango" makes a choice for citizens who fall into the category of low income. The goal is that Crypto can be widely introduced in the country, citing the absence of resistance and demonstrations against their main project. 2. For Us The Formal Economy is No Longer An Option, Says "Faustin-Archange Touadera".This can be related to my first point, that the reason the "Sango" Project will be displayed as the national digital currency of the Central African Republic, they understand very well that the country's economy will not develop, if using Crypto (Bitcoin) only , considering that it is only 30/50% people who can reach Bitcoin in the near future. So that it will create new problems in low-income (grassroots) communities, if "Sango" is not immediately rumored or developed in the near future. 3. Sango Is An Economic Powerhouse For The Country.If the two points above can be realized perfectly, then the Central African Republic will be the only country that has economic power in the crypto field. Under this Central African Republic initiative, foreign investors will be able to purchase citizenship for $60,000 worth of crypto, with the Sango Coin held as collateral for five years, and an "e-residency" for $6,000, held for three years. (Sango website) This country is quite good at seeing opportunities, thus preparing Bitcoin options to be used as legal transaction tools, along with the launch of the "Sango" project, the State will not be strong if the small people are not given the option to accept technology , "Sangoe" is a stepping stone for the development of Bitcoin in the country This includes Crypto in general and Bitcoin in particular. Of course the problems that will be faced are not so easy, such as writing what I did, the Central African Republic is still lagging behind in terms of Technology, the Internet and progress, there are even some authorities who think there is no unconstitutional against "Sango", but this weakness is not a reason for them do not develop. President Faustin-Archange Touadera really knows what they have to do in the future, this will also explain how the problems and impacts on the course of the "Sango" project if there is a change of president in the future. With the ratification of the "Sango" Project, and will be described as the national digital currency of the Central African Republic, this problem is solved by the existence of regulations that they make as a binding and systematic legal guide. They will be the second El Salvador State, which has more potential in realizing the progress of Bitcoin, this will be a great step for Bitcoin to develop, regardless of what will happen in the future, but I hope we deserve to appreciate the President's steps in making decisions. |
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Hi guys! These are some interesting facts about bitcoin and i thought i'll share it with the community
I've seen similar threads on forums, not even a single new fact I've found. Do you want to make puzzles? 1. Bitcoin reached its All Time High on 11 Nov 2021
Don't teach people only about Ath, but people have the right to know the bitcoin journey process, this will amaze them and start digging bitcoin further 3. Bitcoin network consumes lot of electricity
How about cutting down trees in the forest, is this worse than the story that continues to be developed by the media menstrim, isn't this also damaging to the environment, which category do you think bitcoin falls into. doesn't this look funny? 4. Satoshi Nakamoti hodls the maximum Bitcoin
It is still speculation about the maximum bitcoin holdings Satoshi holds (assumed) and how sure, that he visits your country, goes on vacation and sells some bitcoins according to the maximum amount he has 5. 1 Bitcoin = 100 millon Satoshis
Analogy 8. You can earn Bitcoin through Mining
Requires sophisticated tools to perform mining, the computer you use cannot accommodate mining fields and requires large operational costs. Easy but hard to reach!!!! 9. 9 countries have banned Bitcoin (algeria, bangladesh, china, egypt, iraq, morocco, nepal, qatar, tunisia)
As a means of payment, but not as a commodity asset and no user limits, who can be sure people in this country don't own bitcoins now? 13. You can buy things with Bitcoin
Obviously the development carried out from before, bitcoin is not only limited to investment, that's its advantages and uniqueness. Fun is not it? 15. Keep your bitcoins in wallets or exchanges
Wallets can store keys as security, you are the only authority that can control them. While the Exchanges is just a parable of a daycare that will be taken back when the work has been completed (custodial). 19. No government controls Bitcoin
Decentralized, even the owner of the exchange who has complete control over the course of the exchange, does not have access to it, even though bitcoin is in their system |
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1000 merit achieved. It's time to wait for enough activity points to rank up to Hero & Legendary. It is a pleasure and happiness to tell you all that I achieved 1000 merit. I agree that the merit I receive are simply statistics in the numbers theymos introduce to forum members in an effort to reduce spam and encourage more quality posts. Of course 1000 merit will never be big compared to experts who contribute greatly to the forum, but this is one proof that good quality posts will be appreciated by forum users who care about the existing system. In this opportunity I would like to thank every profile that has helped me to get merit, but I can't mention your name one by one, but magic tool by DdmrDdmr [merit dashboard] will help me to name all of you. Thank you. Hello @BlackStar I have reviewed your profile quite often nowadays, I am surprised at what you have achieved. I don't want to praise, because it looks terrible. Perhaps the award for your achievements is more than deserved. Simply motivated by what you do, let's toast with a cup of coffee, celebrate your success with joy |
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but of course it would really be needing that extreme effort.
Not too extreme, when we want to be present in a problem, but know where to solve it, only takes a small part of what I can do and it is still far from perfect. It is really truly recommendable into those people who do
really
Thank you for your support Congratulations on your progress, OP, and for overcoming adversity, which you seem to have earned with hard work and perseverance.
Just doing a small part for bitcoin progress where I live, they deserve this but I still have a lot to do. Hopefully this will be a motivation, so I can continue to grow in the forum who in most cases Bitcoin is just another form of investment or an extra income but does not play such an important role in their lives.
In any case, keep it up, OP.
Having eyes to see, having ears to hear and having a heart to feel, that's the real reason. Bitcoin paved the way, so bitcoin is quite instrumental in my life and theirs. And likewise our journey on this forum can also be achieve if we have the determination, desire and willingness to constantly work and contribute to others while learning how the forum works e.t.c
This I didn't do before, so my thinking is still far behind, now that thinking is starting to change, because I saw a lot of useful things when we started exploring this forum. I hope I can be "consistent" like you because judging from your profile, you are no spammer who has been in the forum since 2017 (5yrs ago), but only if had you been active
I'm older in forums, but quality and ability, so far behind you, have to learn a lot from how you got started on forums, be it contributions and how to make quality posts, you really deserve a big achievement. I have reviewed many of your posts. It proves that "The process never betrays the result"by now I'm sure you would have been a "Hero" or probably "Legendary" Member, but you chose not to because of reasons best known to you, but moreover, it's never too late, as anytime is always the best time
This achievement is not so important, because it will run itself, as long as quality improvement, writing and constructive contributions cannot be given to this beloved forum. My job now is to fix it, although it seems too late. This is my focus going forward, because being on the forum is our choice so far "Consistent"Hi OP! As soon as I saw Lhok Khaju I knew where this was. Instant memory lane trip for me!
Yes, you can remember the road as a good memory Find what works for you, contribute, help, and if that's still not the case, then that's okay!
I hope you are fine.
Almost found the right path on the forums, but it's not that great yet and will try to fix it. Commit to keep going, it doesn't matter if it doesn't happen. Good enough for now, I hope you are friends too Bitcoin can make their dreams come true, if you continue to be in this positive activity.
I've taken small steps, it's not much and there is still much to do, now it's your turn to start friends? You are one of the real examples who have felt the benefits of bitcoin and I hope you can continue to work while earning more bitcoins.
There are many others who have done something positive with bitcoin, we are just doing a small thing and it hasn't really made an impact, I hope you will join ? |
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Permission to comment all, lately I've started to pay attention to the forums and some of the existing threads. This thread is serious enough for me to pay attention to, because it is directly related to the source of achievement. I totally agree with several people, including @fillippone, @skarais, @KingsDen and @Daniel91, that there is no need to look at account ratings to select quality posters. If I may give an example, the Rank of Beginner, Member and Full Member accounts will usually always make quality posts, be it suggestions, input and support for the forum. ( Excluding those chasing weekly posts ("Ignore") )  I believe, that the source of benefit (Merit) cannot reach everyone, that's why Merit can be awarded by anyone for quality posters and contributors. I really support the good work done by @TheBeardedBaby, because it's quite helpful for a lot of people |
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My Background On The Forum At first I was hesitant to share my personal experiences and stories in the forum, but after exploring several topics in bitcoin and economic discussions, I finally tried to write down the achievements I got, this is a personal story that I have experienced so far, the purpose is only to share experiences and long journey process on the forums. In 2017 I started getting to know this forum, I have seen and participated in many things, so this forum is a place for indirect learning that I get, many people in this forum have provided motivation, support and knowledge that is quite useful for me, so that until currently still fairly consistent on the forums, although many people close to me have started to leave the forums and move on to other jobs. But unfortunately I'm not too smart to use this forum, so I don't get much knowledge that can be taught to others, in a narrow sense I only think about income, so I don't really care about the ability to be in this forum, because the goal at that time was only about "REVENUE", to me this is quite a regrettable setback, and almost certainly a complete failure in understanding the functioning of this beloved forum. Although it seems late, from now on I will change my mindset like this, because now my focus is not only on income, but more on deepening knowledge about bitcoin and forums. The peak at the end of 2019, I managed to collect bitcoins and sell some of what I have to build financial strength through business, if the benefits I get from bitcoin are not applied to other activities, this is further backwards my way of thinking. This is where the idea began to start developing a business, because at that time I already had cash, for me this was a very extraordinary achievement and I have never had that much money for the results of my hard work. "Financial success can be built, if we have the determination, desire and are willing to do something in the form of a business". It turns out that this reason is increasing motivating to open a business. CLOTHING SHOP in the area where I live. 
The Moment Workers Are Finishing the Shop Renovation On December 25, my business officially opened, with simple meals with friends and relatives, this became a historic moment in my life, so I wanted to celebrate it with my dear and dear ones. Our store has the tagline 'The buyer is king' which means that the seller must provide the best service, be wise and always speak politely, we are determined to develop the business by following the times and will always be committed to providing the best ( cheapest) price with quality products. In addition to the discount program that will be given later, and don't forget there is also a special promotional program, namely time service, where at certain times discounts and beautiful souvenirs will be given to buyers who come, and this is the hallmark of our store promotion program in serving customers. The Moment of the Opening of the First Day of the Store The covid-19 pandemic made my business even more difficult, where I had to reduce employees, because sales were no longer stable and continued to decline, this was my lowest point at that time, where it was very difficult to build a business in the conditions of covid-19, I almost lost my enthusiasm and hope to rise from adversity, because the situation was getting more difficult and tense, Lockdown was imposed in my country, at that time almost 50% of medium-sized businesses went bankrupt (out of business). But something good actually happened to me, God was really present in difficult conditions at that time. Once again, God began to show the way through a friend, I was advised to do online sales, where the goods were delivered directly to the buyer's house by ordering on the available application, with a spirit that was not so stable, I decided to accept and go this way. In a short time we continued to do this during the Lockdown, until finally my country recovered slowly from the impact of Covid-19 and my business went back to running very well and normally, even my income increased far from before, now I have provided online shopping via applications and My turnover continues to grow. Delivery of Packages When Lockdown Occurs Conducting Guidance for Underprivileged Children, Through Non-Formal Schools and Religious LearningAfter this difficult period passed, I finally took the initiative to carry out a social movement through non-formal schools, which involved several friends from campus, they agreed to establish this school, without thinking about salary and more inclined to nurture underprivileged children. This year, my friends and I started to build a community "Lhok Kaju Engglis Center (LEC)", where we started to collect children one by one, our focus was only on children who were financially underprivileged. The name (LEC) itself has a philosophy that is quite strong in the course of my life, many things motivate me to do coaching for underprivileged children, time is a sword for someone who is not able to use it. All school operations required are almost entirely from bitcoin and the business I run. But lamentably in the area where I live Bitcoin is still considered a new thing that is very difficult to understand, forcing me to cover the source of the budget from the operational needs of the school, and I can work around this with the effort I have. Because if the source of finance can not be explained where we get it, people will have bad assumptions about this community. My difficulty lies here, because I can't invite bitcoinners to work together to support the activities of underprivileged children, not to mention talking about state laws that still have complexities in terms of implementing crypto and bitcoin. Education and Teaching Conducted by Friends of the Lhok Kaju Englis Center (LEC) Community for Underprivileged Children I can't do much to promote bitcoin at the moment, but I'm grateful that so far the kids' activities are going well and I haven't had any major problems. Maybe one day, when the area where I live starts accepting bitcoin, then I'll do some work to promote, right now my focus is on running the community and making sure all the kids' school needs are met. Personal Benefits I Get from BitcoinSocial ImpactIn general, I have explained above, what are the benefits of bitcoin for me, social status changed after getting to know bitcoin, before I was only considered an ordinary person who could not provide benefits to others, this year I have proven it and created the small community I mentioned above. In terms of religion is also taught, because in this community we have three teachers, they take turns teaching children about religious subjects, English and communication skills, we also incorporate the introduction of technology into the learning process, although the capacity we provide is not so perfect and still far from expectations. Bitcoin has changed the mindset, taught the meaning of empathy, caring, and made me a useful person, the small care we do can make others feel big, bitcoin provides an opportunity for me to start activities that are useful for others. Financial ImpactFinancially, today I have built a business in the area where I live, with full capital from bitcoin and has made me a middle to upper income person, something that is very difficult to happen, if I did not know forums and bitcoin in the past . . That means bitcoin is something very real in life, because this is where the thought progression process I found. Until now I will strongly oppose people who say bitcoin is not real, with whatever reasons and assumptions they give, as I have said, "No country/person can resist the progress of Bitcoin/Crypto".Weaknesses While On The Forum
For business problems, maybe it can be used as an example for friends who just joined, bitcoin can be used to build a business according to the skills we have, most importantly empathy, care and respect for others. Without us realizing it, out there or around us, there are still many things we have to do, to help others in any way.
The way I started this forum was not good, not worthy of being a role model or follower, because I have been here for a long time, but have not had a positive impact on the forum, providing understanding to newcomers and contributing to the forum and bitcoins. Hopefully I can perfect this awareness after I post this post on the forum, so that in future lessons I can contribute and provide input to people and this forum.
This is my short story while on the forum, especially for people who have supported all the efforts that I do, both on the forum and outside. Because I realize, without their help, the life I live would not be as beautiful as it is now, thank you very much for all of your input and help.
"Being a useful human being is not difficult, but being a good human being is a choice".
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The Sango legal framework has some drawbacks that might make investors doubt the sincerity of the government of Central African Republic. I am glad that the government have acknowledge that it should be refined to reassure investor that their investment is safe now and in the future. Also there should be a guarantee that even if the present Bitcoin friendly government leaves power, subsequent government would not abandon the Sango project. Overall, the thing that is quite difficult is inheritance, especially related to the change of power, but that doesn't mean it can't be done, sango can be used as a long-term project that cannot be replaced in the future by the next government, this change can be regulated in state laws and regulations and approved by parliament, the legal framework is made permanent and binding, so there is no reason the next government will abandon the Sango project. Furthermore, for the Sango project to achieve its objective, the government should start implementing some of the infrastructural projects that it has proposed. What the world or investors need now is proofs, we need to start seeing pictures of the installation of internet facilities, electricity connections , Bitcoin educational programs, etc. Government actions would also propel or attract more investors.
This is related to the technical implementation of the sangoe project, starting from building infrastructure, internet facilities, electricity, educational programs, promotions and most importantly providing a sense of security for citizens in particular and investors in general. If this sense of security has been provided, with the legislation in place, it will be easy for investors to enter the country, either establishing a company or taking part in the sango project. As I said earlier, no country can resist technological advances in the crypto field, isn't this a good opportunity for the Central African Republic? If you do not have binding legal force and make Sango a long-term project, this will be a big problem, when the power changes in Africa, the government in this case has a view, so the launch of the Sango project is considered necessary. At first glance, I have given a view on the reply to the post above, according to the analysis and analogy of the problem. but when viewed as a whole, the Sango project also has the advantage of touching the middle class in this country here, I also have almost the same view as you, the Sango Project can be used as an alternative for low-income citizens in the country, as an initial decision, before going too far into bitcoin, thus Sango is a stepping stone for citizens to start investing further to bitcoins. The population of the Central African Republic is 4,666,377 people, the income per capital is not clear in what range, but some releases that I read, generally the people there are still categorized as poor (Source: https://id.zhujiworld.com /cf). Based on these considerations and analogies, it is possible that the Sango project can be developed, touching down to the grassroots, so that the growth of crypto in general and bitcoin in particular will run well in the future, if this infrastructure is perfect, then Bitcoin will find a suitable place in that country. The simple analogy I gave can also be related to bitcoin in the past, although these have nothing in common in their journey or development. I mean, if bitcoin wasn't seen as the best crypto and didn't fall into the category of means of payment (in the past), then today that perspective has changed and bitcoin is the best asset. Likewise with Sango, if they are not able to make this project as good as bitcoin, then it is possible that the project can be made on a local scale which can help the community to develop. Something that is impossible, will look perfect with serious implementation and good management. If you put this in a narrow perspective, then everything that is done, will not reach the greater stage. The Central African Republic knows how to serve the people and prepare the infrastructure for technology development, this deserves great appreciation, for their initiatives, ideas and ideas |
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The “Sango” project is believed to be able to increase the growth center of legal crypto, its aim is to attract businessmen and crypto enthusiasts, so that bitcoin becomes more widely adopted. The President of the Central African Republic recognizes that doing all this requires support, so the legal framework needs to be refined, so that the bitcoin issue does not become a problem in the future. This project is considered strategic and visionary in increasing sources of state revenue, with the law, it will certainly make it easier for crypto companies to enter and establish companies. So the emphasis on the State is no longer a scary thing, with guarantees of corporate rights and other instruments, thus special economic zones will have the same space as in the physical world. This president is quite visionary and able to read opportunities, because in fact no country can stop the Cryptocurrency revolution  https://www.google.com/amp/s/voi.id/amp/183855/presiden-republik-afrika-tengah-luncurkan-sango-jadi-mata-uang-kripto-resmi-negara |
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1. Investment assets.
Developed countries like Singapore have a different understanding of Investment Assets, they are more likely to put money in something that can generate profits. For example, buying bitcoin, as the discussion we are discussing 2. store of value and
Fiat currency is considered to have failed as a store of value, because it has a much greater intrinsic, bitcoin has utility as a store, that's why bitcoin deserves to be kept in its form. 3. There are those who consider Bitcoin as currency.
Bitcoin as a currency, because it is very possible to be applied in buying and selling, both goods and services, the characteristics of bitcoin itself have a value that can be exchanged, so it is quite possible for bitcoin to be legal in application, this movement has been initiated by El Salvador. The switch to payment instruments can be done as long as people's understanding has developed, accommodates what needs to be improved and provides security guarantees in the use of bitcoin. Talking about adoption, l can say that the average Singaporean, probably almost all of them have bitcoin HODL Bitcoin, the majority are men and the rest are women, for that I believe Singapore can be better than El Salvador in adopting Bitcoin or considering it as a payment asset, in the future.
On this basis I think Singapore will be much better off in terms of adoption and legalization of bitcoin as a legal transaction tool. Although in fact today, they are not yet fully implemented, but if you look further, this is very likely to happen |
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That is why it is necessary and very important to link an active email address to a btt account, because if this happens to anyone, you can try to forget the password.
An easy way that you can recommend
1. Login BTT Account
2. Click Forgot Password
3. Select the option send code to email address
This can be done, as long as the linking email has access, so that the account can be reused and change a new easy-to-remember password.
But if the linking email is not accessible, it gets more complicated.
Alternatively, asking for help from someone who understands the network, mobile email can be disabled.
Notes:
1. Always store passwords in a safe place
2. Don't create the same password
3. Use active email for bitcoin account
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Bitcoin is the first crypto currency that is in high demand by people today, showing how important bitcoin is in both general and specific perspectives. If today people look at the charts and analysis of Money flows on Binance and invest one bitcoin, then as long as the big pump going on for bitcoin will be something very valuable, it can provide the maximum return on one BTC bought today. But unfortunately the public does not see this opportunity, as an alternative long-term investment to increase their financial portfolio. The image above is only a partial illustration, what if someone could afford to invest in bitcoin. |
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