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Showing 11 of 11 results by Baban twince
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Topic
Board Beginners & Help
Topic OP
Is cryptocurrency the future of finance.
by
Baban twince
on 03/06/2024, 15:02:04 UTC
Cryptocurrencies have the potential to vastly improve systems of payments if designed and implemented correctly; – In practice, however, digital currencies are struggling to uphold their creator's objectives, given that no existing cryptocurrency has been universally successful in fulfilling the role of 'money.

As we navigate through an increasingly digitized world, it becomes evident that cryptocurrencies are not just a passing trend but rather the future of finance. In this article, we delve into the reasons why crypto holds the key to reshaping the financial industry.
Post
Topic
Board Politics & Society
Topic OP
how important could this anthem be to the developmement of our country
by
Baban twince
on 29/05/2024, 18:33:50 UTC
The Nigerian national anthem is a vital part of the country's culture. The anthem shows the Nigerian people's hopes, values, and history through its lyrics, meaning, and historical context. The anthem encourages Nigerian people to work together for a better future.

The national anthem is also used to show that citizens respect and support the Armed Forces which guard our country day and night

vision of a founding son for what he hopes the nation can become. And in some ways, we're still trying to live up to the hope and patriotism of our anthem. It's not a statement of who we are, but what we hope to become.
Post
Topic
Board Bitcoin Discussion
Topic OP
Why do bitcoins have value?
by
Baban twince
on 29/05/2024, 14:36:03 UTC
Throughout history, many items have been used to exchange value—such as shells, beads, animal skins, and precious metals. In this respect, these items are regarded as "money." Money doesn't have to be the printed currency we are all familiar with—all it needs is to act as a store of value, be recognizable as a unit of account, and be accepted as a medium of exchange.

Bitcoin has value because it can function as a store of value and a unit of exchange. It also demonstrates six key attributes that enable its use in an economy. The definition of value in a currency has changed over centuries from physical attributes to the velocity of its use in an economy.
Bitcoin demonstrates the attributes of a currency, but its primary source of value lies in its restricted supply and increasing demand
Post
Topic
Board Beginners & Help
Re: How will you advice a newbie about this in 2024?
by
Baban twince
on 29/05/2024, 10:22:24 UTC
Each blunder I make in this crypto world, I always document it and compare it with my next blunder.
No matter how amazing you are in crypto, you must commit blunders regularly as a newbie or once in a while as a pro.

The thing about pros is, when they commit blunders, they don't talk about it to avoid being mocked because these sets of people always have haters who are waiting for these blunders so they can feast on it and laugh.

Talking about this patience and impatience thing, it will be nice having some accounts nicknamed Impatient 1, Impatient 2, to 5 or 10. Do the same for Patient 1 to 5-10. And finally another set for over patient 1 to 5-10.

There may not be money to send to these accounts, but just create them. One day, money will come. One day, some of these exchanges may not know even allow new people from your country to register. They'll only allow the already verified one. Luck is when preparedness meets opportunity.

Have you ever been in a situation you've lost all your money, then the greatest crypto opportunity presents itself, but it won't last for more than 30 minutes? Or in a situation where you never took the shot even when you have because you were waiting for it to go lower? This is why you should have impatient, patient, and over patient accounts.

It's unfortunate we're from a rich nation, but the money doesn't go round, so having all these numerous accounts without money in them may seem like a waste of time.
That is capital, it's not, except you hate being prepared for success.
Post
Topic
Board Nigeria (Naija)
Topic OP
What is the situation of Cryptocurrency in Nigeria?
by
Baban twince
on 28/05/2024, 21:21:04 UTC
Cryptocurrency in Nigeria has been a bit of a rollercoaster ride. The Central Bank of Nigeria initially prohibited banks from dealing with cryptocurrencies in early 2021, but later allowed some fintech companies to offer cryptocurrency services. However, in recent years, the Nigerian government has been warming up to cryptocurrencies and even introduced a new digital currency called e-Naira. All this to say that the situation is constantly evolving.

Nigerians are among the world’s top adopters of cryptocurrencies, often using them to transfer money, hedge against inflation, and as an alternative to the Naira.
However, there have been instances of fraud and scams involving cryptocurrencies in Nigeria, so caution is recommended.

The Nigerian government has expressed interest in regulating cryptocurrencies, but it's unclear what form that regulation will take.
Despite the uncertainty, Nigerians continue to show interest in cryptocurrencies, with peer-to-peer trading and investment growing in popularity.
Post
Topic
Board Economics
Topic OP
How can you identify economic disparities and promote growth?
by
Baban twince
on 28/05/2024, 12:34:55 UTC
Economic disparities are the differences in income, wealth, and living standards among different groups of people, such as regions, countries, or social classes. These disparities can have negative effects on human development, social cohesion, and environmental sustainability. Therefore, identifying and addressing them is crucial for promoting economic growth and development. In this article, you will learn how to use some basic tools and concepts from economics to analyze economic disparities and explore some possible solutions.

Economic disparities can have various causes, such as differences in natural resources, human capital, technology, institutions, policies, and trade. For example, countries with abundant natural resources may have higher income than countries with scarce resources. However, if the resources are not managed well, they may also suffer from corruption, conflict, and environmental degradation. Similarly, countries with more educated and skilled workers may have higher productivity and innovation than countries with less human capital. However, if the education system is not accessible and equitable, it may also create social exclusion and resentment.
Post
Topic
Board Economics
Re: Poor people need solution now
by
Baban twince
on 28/05/2024, 10:04:34 UTC
If you see something not benecifial for you dont use it.
I don't use Banks anymore i told my bank you are scam.
There is so much animosity in the country as a result of current economic hardship occasioned by years of national planlessness. This has led to manifest hatred between otherwise close neighbours.
Post
Topic
Board Beginners & Help
Topic OP
The situation in Nigeria is deeply concerning that many people are suffering
by
Baban twince
on 28/05/2024, 08:26:31 UTC
 It is imperative that our leaders show compassion and empathy for the people they serve, and take action to address the needs of the people. They should learn from the examples of those who have failed their followers, and realize that ultimately, they will be accountable to God for their actions. Good leadership is vital to the well-being of a nation, and the leaders of Nigeria must take this responsibility seriously. And is as a result of the current regime
Post
Topic
Board Bitcoin Discussion
Re: Don't advice anyone to invest on Bitcoin if he doesn't have Alt. income
by
Baban twince
on 27/05/2024, 21:06:05 UTC
 I was approach by a friend who told me that he wants to invest on Bitcoin that he needs a guideline and that he was told that immediately he invested on Bitcoin that he will start making money, The advice I gave to my cousins was not to invest in bitcoin but to save in bitcoin.
Many of that are scared to avoid coming back later, I told him that even the security before investing is a problem.. I encourage him to a o have a job and pure that u earn before investing in bitcoin..
Post
Topic
Board Beginners & Help
Re: How do you feel when you earn merits in your post or replies.
by
Baban twince
on 25/03/2024, 16:13:56 UTC
Merit is the most important factor that motivates members of this forum to read posts diligently because it arouses emotions. This is especially true for newbies; if they consistently respond to messages and make reasonable trades but still have no merit, someone will erroneously award them one, which will undoubtedly cause happiness and encouragement. "Merit" is a stimulant.
Post
Topic
Board Beginners & Help
Re: Do you think merit is by chance or lengthy article?
by
Baban twince
on 25/03/2024, 15:37:39 UTC
You can drop some reasonable posts in the forum and still receive no merit at all, thus creating a good post does not guarantee any.Thus, as a member of the forum, you can acquire merit by simply putting in the necessary work and commitment; merit will manifest itself in a variety of ways.