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Showing 6 of 6 results by JB_F
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Topic
Board Politics & Society
Re: How is social media affecting your life?
by
JB_F
on 11/03/2025, 19:29:12 UTC
By being aware of the potential effects of social media and taking steps to use it intentionally and responsibly, you can harness its benefits while minimizing its negative impacts..
Post
Topic
Board Nigeria (Naija)
Re: Every other things are scam except Bitcoin
by
JB_F
on 24/01/2025, 18:52:03 UTC
Making statements such as this makes one to question the kind of educational system we have in today's society.

Saying that every other thing is a scam apart from Bitcoin, without "quoting" your statement shows your level of understanding.
Bitcoin is indeed the biggest currency in crypto so far, but your statement emphasized on EVERY OTHER THING.

EVERY OTHER THING in the meaning of your statement may also mean the food you eat, money in your aza, air you breath, etc.

When you make hypothetical statement such as this, try and put parenthesis to it, this would show that the speaker only know the intent of that statement, and then further analysis would expatiate the very meaning of the statement for proper understanding of the audience.
Post
Topic
Board Economics
Re: A lot people just using inside the info nowdays to make money
by
JB_F
on 10/01/2025, 16:15:24 UTC
Information, indeed, is power. Making money using insider info is not far fetched from being educated. What I mean is that, even if you have first hand info from insider and you don't use that info well, you won't make money.
In a nutshell, when you said even uneducated people can still make money using the info, it means they are actually not uneducated - they are enlightened - which in itself is Education.
Education is not limited to classroom basis.
For the fact that you are aware of the investment opportunities and the forex, crypto dealings, then you are Educated.

So your talk about Education in this case depends on the context.
Post
Topic
Board Nigeria (Naija)
Re: As a newbie to crypto currency
by
JB_F
on 10/01/2025, 16:00:43 UTC
Of a truth, there are so many aspects of the market that newbies don't know. Sometimes, the excitement is triggered by the profits made by others. One thing they don't know is that, people don't post their loses.
People only come out to talk about thier wins.
Like it is said, Demo is a good way to learn as newbie, then committing only fund you are willing to lose into real trading.
As you continue to study, you will gain mastering and also learn and ask questions.
Consistency will gradually lead to mastering.
Post
Topic
Board Economics
Topic OP
Transactions and Medium of Exchange: A paradigm shift from cash to numbers
by
JB_F
on 08/01/2025, 14:25:09 UTC
Economic transactions is powered by money with is the medium of exchange all over the world.
What is considered as money is subject to the values placed on such items.

Over the year, certain commodities such as cowries, aluminum, gold, metal, etc were considered as money.
But today, reverse is the case for some of these items, apart from gold.

When  paper and coin money were invented to serve as money, they  have stood  the test of time. The features and qualities of money is one that portray why it is called money.

However, in this era of technology, the use of paper money is becoming obsolescence.
With credit and debit cards, transaction are sealed.

This boils down to the change of figures that reflects on the account of the buyer and seller.
When I buy from you, with my card, the number in my account reduced, and the number in the seller's account increased.

This is evidence that what we are dealing with in this technological era is NUMBERS and nit MONEY. Hence, it is  world of digital transaction with the use of numbers as currency.
Bitcoins and other coins are all shown on Numbers also.

What's your take on this?
Post
Topic
Board Economics
Re: Is Cash (Paper Money) Still King?
by
JB_F
on 08/01/2025, 13:45:55 UTC
Of a truth, cash is gradually fading away. Cryptocurrency will soon reply money as a means of exchange and transactional purposes