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Re: Bitcoin investors will be the future wealthiest people.
by
DanWalker
on 13/07/2025, 08:51:09 UTC
At the same time, I would not say that people who own bitcoins will be the richest people on the planet. In my opinion, in the near future, the richest people on the planet will be people who control artificial intelligence. No less rich influential people will be people of power, that is, people who occupy high positions in the state and, as a result, have the opportunity to manage large financial flows and make significant management decisions. At the same time, Bitcoin is one of the most promising forms of wealth, not the only possible form, but one of the most promising forms.

According to Forbes, the 10 richest people today are all in business and technology like Elon, Bill Gates, Jensen Huang and I don't think this will change anytime soon. But the financial investment sector such as stocks, real estate...is the sector that produces the most billionaires and millionaires in the world. Among them, Warren Buffett is considered the most typical because the majority of his fortune ($154 billion) comes from investment profits.

Therefore, bitcoin investors may be the next rich people in the future but to become the richest is not easy. If there is any bitcoin investor who is among the richest people in the world, it is Satoshi.

Although bitcoin is still considered the most profitable investment, it should be noted that bitcoin has matured, investing and getting rich from it these days is not easy. Bitcoin will no longer be able to increase by millions, billions of percent, those days are gone.
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Re: How can people in extremely poor countries custody their Bitcoin?
by
DanWalker
on 13/07/2025, 08:29:24 UTC

I don't know in which country people regularly earn as low as 1$ per day, I mean the majority of the population, but if there are such countries, then I'm sure that in such countries people do not have access to computers, smartphones and laptops. They won't also have access to the internet because it's expensive and might cost them 1 week of their salary. Also, with the tech and internet, you have to consider electricity, which isn't cheap anywhere besides Russia. There is simply no way for such a low earner to have access to Bitcoin or informational technologies, so Bitcoin is not really for them.
Btw in the extreme cases, if their friends or close people have access to Bitcoin and these people need to make a transaction, they can use Lightning Network or use an alternative currency like Ripple or Litecoin.

$1/day may sound extreme, but the truth is that the poorest countries in the world in Africa like South Sudan, Central African Republic or Democratic Republic of Congo...According to the World Bank, these are countries with an average income of $2-$3/day and this figure accounts for 60-80% of the population. Likewise, only 3%-10% of people in those countries have access to the Internet. That's the main reason why the adoption of bitcoin as legal tender in the Central African Republic quickly failed just a few months later in 2021.

You are right, bitcoin is not for them.


https://www.worldatlas.com/gdp/the-poorest-countries-in-the-world.html


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Merits 1 from 1 user
Re: 8 months ago Microsoft voted against putting bitcoin on their balance sheet.
by
DanWalker
on 13/07/2025, 08:07:46 UTC
⭐ Merited by vapourminer (1)


In other words, they are an example of collective stupidity at its finest.

Just because an organization or individual doesn't invest in bitcoin doesn't mean they are stupid. We don't need to be hostile or hateful towards people who don't want to or refuse to invest in bitcoin because it is their choice and right.
Everyone has different opinions, preferences, and tastes, so don't try to impose your thoughts on others.

For corporations like MS or Apple, focusing on business, products...is the top priority because that is their core. Maybe bitcoin is not a priority for them and just because they refuse to invest in it now doesn't mean they won't invest in it later. As a tech giant with over $3 trillion in capital, they will always have the opportunity to invest in bitcoin when they are ready.
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Re: Test Cricket Prediction and Discussion Thread [self - mod]
by
DanWalker
on 12/07/2025, 16:53:24 UTC


India played well. At least the team is batting better than I expected. Rishab Pant and Kl Rahul started the day very well. Rahul scored 100 runs and Pant's total was 74 runs. Apart from these two batsmen, Jadeja played a responsible innings of 72 runs. India's overall batting was very good. And the team is slowly moving towards a big total.

India's total is 378 runs for the loss of 7 wickets. The team is trailing by only 9 runs. Now Washington Sundar and Akash Deep are at the crease. Although they are not very experienced batsmen, they have the ability to collect at least 50+ runs. India can probably take a decent lead of 60-70 runs
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Re: Is Bitcoin really better than gold for long-term savings?
by
DanWalker
on 12/07/2025, 13:08:33 UTC
Why save your money in what seems to be more stable than invest in Bitcoin with expectations of having massive returns. For long term indulgence i rather have my money invested into Bitcoin than any other digital asset. My $100 in Bitcoin can one day turn into $1000, i don't think gold is capable of giving such return in the same time gap.


No one denies that Bitcoin can yield better returns than gold, as bitcoin is a speculative asset and still small, while gold is already a safe haven and is huge. But don't forget that the higher the return, the greater the risk, bitcoin is much riskier than gold.
Also, making x10 profit from bitcoin is not easy in these days. Bitcoin has matured somewhat and the growth rate is slowing down significantly.

Investing in bitcoin can give better returns than many other investments but it will not make us rich with $100 or $10k.

Comparing Bitcoin to gold is obvious that many will prefer Bitcoin due to high returns, gold seems to be more stable and doesn't serve my benefits.

It depends, not everyone likes volatility and risk. There are still many people who prefer the stability and safety of gold, and that is why bitcoin has not yet surpassed gold in terms of capitalization.
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Re: UEFA Champions League 2025/26 Season
by
DanWalker
on 12/07/2025, 11:30:11 UTC
And Bayern's performance might not be seriously encouraging in the Champions League, and everything is now different because its strategy might not be effective, but wait for the new season and what will happen.
I think performance is something we should always consider when criticizing a team However, I like the performance they've obtained in the Club World Cup Could it be because of the money they're earning and the players' fame? That has a lot of influence, Money is always necessary, and that even influences performance.

I have been criticizing Bayern Munich since they changed their coach. Kompany may be talented. I will not get into this argument. But does Kompany have enough experience? Kompany has been in charge of any big club like Munich in the past. An experienced coach is needed to do well on the Champions League platform. Although they can perform well in the Bundesliga, we have seen Munich completely fail in the Champions League. Munich is not able to play well especially against big teams. So how will the team dominate the Champions League?
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Re: ⚽ FIFA Club World Cup 2025 - USA: Discussion Thread ⚽
by
DanWalker
on 12/07/2025, 08:43:38 UTC
On the evidence of this tournament, PSG is very superior. But remember they lost to Botafogo 0-1. So I still believe anything can happen. We understand that PSG stepped into Final ii by beating big clubs like Bayern Munich, Atletico Madrid and Real Madrid. So PSG's statistics I think look better than Chelsea. But I think Maresca can learn with Botafogo, Maresca might be able to find how to stop PSG's game pattern with Enrique. This condition is not impossible, I think Chelsea can do it.

You want to rely on Maresca. Do you think Xabi Alonso is somehow less talented than Maresca? Xabi Alonso failed to stop PSG even with his best XI. The team lost by a huge margin of 4-0. Naturally, PSG players are more confident now after beating Madrid by such a huge margin. It cannot be said that Chelsea has no chance of winning. Football is always unpredictable. And that is why Chelsea has a chance of winning. But considering the statistics and recent form, it can be said without any doubt that PSG will win.
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Re: La Liga (Spanish League) Prediction Thread 2024/25
by
DanWalker
on 11/07/2025, 21:40:58 UTC
Madrid biggest problem this just concluded season was there defense and it still showed in the club world cup semi finals against PSG the defense was really awful and too many mistakes that would have been avoided madrid should try and strengthen their defense before the start of the new season so that they don't suffer thesame thing like this season because the problem is still there

Madrid was taking the necessary measures to strengthen their entire squad. But in the match against PSG, we saw again the terrible weakness of Madrid's defense. Madrid bought Alexander Arnold to strengthen the defense. There are also talented defenders like Carvajal, Militao, David Alaba, Mendy and Rudiger. Madrid's defense has a lot of experienced defenders. Even then, if Madrid's defense cannot do well, then it will definitely be considered their tactical weakness. I don't think Madrid needs to buy more experienced defenders.
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Re: Germany League - Bundesliga Prediction Thread
by
DanWalker
on 11/07/2025, 21:18:53 UTC
Antony is not a bad choice if he’s added to the team in my own opinion, but he needs to strengthen other positions too just like the striking role because that’s where the team will be in need of more for next season. Seeing Boniface also leaving the club will have them no choice than to bring in a new striker to fill that position. He’s a great talent but he needs to be very decisive in bringing in players that would make the next season better for them. We might not be able to see from the same direction as him, but it’s better he makes the right choice that he will not regret when the season already begins.

I do not know why Ten hag is so interested in Antony. A few years ago we saw that Antony was bought for a huge amount of money. But Manchester united 's biggest mistake was buying Antony. Antony did not play well in a single season for Manchesterunited. Now we see that manager Ten hag wants to add Antony to the Leverkusen squad.

I do not expect good performance from antony. I donot know if Antony will do well with Leverkusen. But I haven not seen Antony perform better in any season so far . Antony  only managed to score 9 goals in his most successful season, that was 2020-21 season. So if Leverkusen management spends a huge amount for Antony, they will be making a mistake.
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Re: Test Cricket Prediction and Discussion Thread [self - mod]
by
DanWalker
on 11/07/2025, 20:39:01 UTC
we saw SHubman Gill failed in the first innings. Indian captain was dismissed after scoring just 16 runs from 44 balls. India lost their third wicket for 107 runs. Although Gill could not bat well, KL rahul is batting very carefully today. Rahul is staying at the crease after scoring 50 runs.
It is difficult for India to take the lead in this match. However if Rahul and Rishab pant can play a big innings, india can take the lead. Apart from this, Jadeja, Nitish Reddy and Washington Sundor are capable of batting well. But their batting is a bit erratic. So if India loses any more wickets before scoring 200 runs, it is probably not possible for them to take the lead.

At the end of the first  day , India managed to score 145 runs for the loss of 3 wickets. We have not seen any better batting from experienced players like Jaiswal and Gill.  These two players managed to score 13  and 16 runs respectively. Apart from this , Karun nair managed to score 40 runs.

You are right that Rishab pant and Rahul will definitely have to play big innings if India wants to take the lead. Even though Jadeja and Nitish have the ability to play big innings, it is quite difficult to survive for a long time and play big innings on this pitch. It is not a batting friendly pitch. That is why India's future now largely depends on the innings of Pant and Rahul
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Re: ⚽ FIFA Club World Cup 2025 - USA: Discussion Thread ⚽
by
DanWalker
on 11/07/2025, 17:05:03 UTC
I don't it is fair giving Chelsea any form of hope in the final because they stand no chance against the fire power of PSG. At this point we should be discussing how many goals Chelsea will concede in that match and not if the stand a chance at winning or not. I like Chelsea as a team but sometimes it's good to face reality which for this case is that PSG will conveniently neutralise Chelsea without blinking an eye. I just hope Chelsea will fight hard to prevent an embarrassing defeat such as the one suffered by Real Madrid.

If Chelsea can win this match then they are lucky. Only if luck is with Chelsea then Chelsea can win or they can't. Because till now we have seen PSG's overall performance. PSG doesn't care about the strongest squads in Europe like Real Madrid and Munich. They have dominated the match and won by a big margin. In such a situation it is not difficult for PSG to win against a team like Chelsea.

We are surprised by PSG's performance in every match. We were waiting for the Madrid vs PSG match with great interest. We thought we would see a fiercely competitive match. But just 10 minutes into the match we realized that Madrid has no chance of winning.

I think Chelsea's main target in this match will be not to concede a goal. Chelsea will play completely defensive in the match. And if they play defensively then Chelsea will have some chance of winning the title if luck helps them.
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Re: If cryptocurrencies disappear - how will your life change ?
by
DanWalker
on 11/07/2025, 04:25:12 UTC
If cryptocurrencies disappear - how will your life change ?
This is called an impossible hypothesis since the didn't explain how it could happen. The only possibility is that the internet and electricity go out across the entire planet, possibly due to a meteor or a collision with a neighboring planet, and we lose all the servers that hold copies of the blockchain. If someone can explain how this scenario could happen, I can then consider how not just my own but all of our lives would change.

The scenario of crypto suddenly disappearing completely is impossible, there is no viable reason or hypothesis that suggests it could happen. But a major collapse like the tulip bubble or the dotcom bubble is possible and we should not be too subjective.

Although there is a huge difference between dotcoms and bitcoin, because bitcoin is a decentralized asset not owned by any company, and its value is based on scarcity and trust in its network. But what they have in common is excessive speculation, and this can easily lead to a major crash if speculators withdraw their capital en masse. That would certainly cause serious damage as well.
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Re: How can Bitcoin play a role as the main currency of every country?
by
DanWalker
on 11/07/2025, 04:06:13 UTC
If Bitcoin becomes the major currency of every country, in countries where the inflation rate is at double-digit, it won't be that bad again. The major cause of inflation is devaluation of the currency, so it is no longer able to afford what it could previously afford. This leads to an increase in the prices of goods and services in the country. But with the scarcity of bitcoin, that won't be a problem.
Also, the political and economic unrest of the country won't affect their currency. I think it will benefit 3rd world countries the most because they are the ones with failing currencies, economies and political systems. All these are just hypothetical, though, because I can't imagine a world where Bitcoin becomes the main currency.

It is true that currency devaluation is a cause of inflation and poverty, but it is not the main or only cause. There are many causes of inflation, and it is a combination of many factors such as poor state management, imbalance of supply and demand, high production costs, disrupted supply chains...

Just like the covid pandemic has caused the economy to stagnate, supply and demand are out of balance...thus causing inflation to increase. Or the war between Russia and Ukraine causes oil and grain prices to rise, and countries that depend on oil and grain imports suffer high inflation due to supply disruptions.

In this case, bitcoin does not help us. The situation will get worse because the government will not be able to print money to regulate, balance and save the economy.
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Re: Trump doesn't even know the tariff he wants to impose on 56% of the world(BRICS)
by
DanWalker
on 11/07/2025, 03:41:01 UTC
I see it as a way for trump to retaliate against dedollarization.

The number imposed on these countries aren't the important thing, but he's just trying to send a message that any attempt of dedollarization will be met with tariff. In the first place we don't even know how they can get the number of the tariff imposed and how to calculate it.

Retaliation is a misguided move, or to put it bluntly, a foolish action, because it will not stop the process of de-dollarization. The retaliation even acted as a catalyst to accelerate de-dollarization, as the rest of the world understood that they could avoid unilateral sanctions and unwarranted bullying from the United States in the future. The best way is to reduce dependence on the US and the USD, not bow down.

As a smart and visionary leader, if you realize that people are gradually losing faith and moving away from you. You need to find ways to draw people closer to you by overcoming your shortcomings, not by bullying them.
Trump is doing the opposite because he thinks he is the king and everyone needs him but no, the world has changed a lot.
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Re: Savings and Investment, and how it can affect standard of living.
by
DanWalker
on 10/07/2025, 14:37:01 UTC

There are not that many stories of people who managed to achieve success starting from poverty. More often, when you start looking into it, those who like to talk about rising from nothing actually had someone who helped them at the start, either with money, connections, or both. Probably right now it is better to keep money in bitcoin than in a bank deposit, where the profit will barely be enough to cover inflation growth. But bitcoin will not bring you huge profits either, it has become too big for that.

Exactly, people who say they started from zero, without a penny or any help, are just making their story more dramatic and exaggerated. Because in reality, most of the rich people today come from well-off or wealthy families, and receive generous support from their families. There are very few, or perhaps very rare, people who become rich from 0.

If we want to become rich, we need to work hard and have a lot of plans, ideas and strategies...not just rely on investing in bitcoin and thinking it will make us rich. Bitcoin is no longer a get rich quick investment tool, that golden age is over.
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Re: Elon Musk vs Donald Trump
by
DanWalker
on 10/07/2025, 14:14:18 UTC
By looking at this we realize that in the end some of these big people like politicians are mostly two-faced and just take advantage of each other when there is no match going on then they will bring each other down and that is what is happening for Elon and Trump right now.

They looked very close before even supporting each other but a few days later they felt the tension which ended up like mortal enemies for now.
This shows that in the end, interest is always one of the things that must be considered because they realize that in the end they know no one is really sincere to support each other when 2 people who have control in the country system as well as a large number of followers that make when one is careless then they will be stabbed. It's also a little scary for the lives of people who have power because not only enemies who directly attack but there are those who are in the guise of friends but are ready to destroy.

There are no permanent friends or enemies, only permanent interests. I think this is not only true for politics but also for us, the common people. We always pride ourselves on being good people and wouldn't betray our friends or loved ones for money or power...but that's because we've never seen a large enough amount of money or a big enough benefit. If we have a billion dollar deal, we become millionaires and fully powerful. It would be difficult to know what decision we would make at that point. Wink Wink
Because human nature is greedy, selfish and jealous.

Politicians and we are all the same, we are all human.
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Re: Is a University Degree Still Worth Anything?
by
DanWalker
on 10/07/2025, 14:01:35 UTC
Successful people without college or a lot of degrees, in the area where I live a lot, even worse they cannot read but successful in the economy and business section.
This is common in third world countries, especially in rural areas and mainly among older generations. Because at that time everything was very backward and poor and they worked tirelessly, and their efforts were well rewarded. But the world we live in is very different, a civilized world, high technology and fierce competition...I wonder how a young person can become rich if he is illiterate or has only primary education?

There are many successful people without a degree, but they are not the majority, just a few. We should not use that as an example or evidence to justify that education and degrees are unnecessary. Because the richest people, the people with high and stable incomes in the world...are mostly highly educated and have degrees.
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Re: $155 billion into US stocks in just 6 months
by
DanWalker
on 09/07/2025, 10:14:46 UTC
People are getting more savvy, inflation is running wild, currencies are being devalued consistently. People are trying to set themselves up financially because life is getting more & more expensive. This stat does not surprise me, I think more & more money will pour into stocks as people try to improve their lives.

While some people are becoming more financially savvy, they are starting to realize that currency devaluation and inflation are eroding their assets...One of the other reasons why people rush to invest in the financial market is because people want to get rich quick, they want to have passive income without having to work too much...And this is not only happening with the US stock market, the trend of investing in financial markets is increasing strongly globally, and the participants are mainly young people and they mainly invest in high-risk assets such as stocks and crypto.


https://www.weforum.org/stories/2024/05/globally-young-people-are-investing-more-than-ever-but-do-they-have-the-best-tools-to-do-so/
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Re: ⚽ FIFA Club World Cup 2025 - USA: Discussion Thread ⚽
by
DanWalker
on 09/07/2025, 10:10:54 UTC
Fluminense put up a good fight but their squad was not quality enough.
Arias attracted a lot of attention at Fluminense. I think he will be transferred to Europe.

A team like Fluminense has qualified for the semi- finals of the FIFA Club World Cup, this is a big achievement for them. Because we have seen that fluminense has not done  so well in its own league. The team was probably in sixth place in the points table in its own league. A team like this has performed well against rich and strong teams like Dortmund, Inter Milan and al hilal in the fifa Club World Cup, Fluminense fans are definitely happy with this  result.

Fluminense  players also played well in the last match  against chelsea. But chelsea is an experienced team , it was not easy for Fluminense to win against them . Despite a lot of effort, Fluminense could not break Chelsea's defense
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Re: ⚽ Football Transfers Speculation, Odds and Predictions
by
DanWalker
on 07/07/2025, 16:34:02 UTC
I'm feeling so disappointed with Rahsford. He knew he already out of his top perform, but still being stubborn only to join in Barcelona. Meanwhile, Barcelona rejected him so many times. He shall aware if he's in a bad situation.
His price is considerably high compared to his performance, which is average. His club also already abandoned him, and exclude him from their future plan.

Firstly, Rashford's price is very high, and his wages are also very high. Barcelona is not willing to spend so much money to buy Rashford. Barcelona is in financial crisis. Secondly , Rashford's performance is also not satisfactory. Barcelona definitely needs a player who is capable of scoring a lot. But in the last two seasons , we have seen Rashford's performance decline. Thirdly, I think it will be very difficult for Rashford to adapt to Barcelona's match strategy and style of play.

If Rashford really wants to  wear the barcelona  jersey, he will have to prove his ability. He will definitely have to perform better. He will have to score at least 15 + goals in a season . Rashford has scored only 13 goals in 58 matches in the last two seasons. Barcelona will not buy such a player at such a high price.