There's this saying that goes "the biggest or greatest risk in life is not taking risk at all." If you think you are scared of taking risks because you don't want to lose, then you're doing more harm to yourself because a money that isn't invested on can never make profit. It's more like the biblical story of a master that gave talents to his faithful servants before embarking on a journey. After sometime, he came back and asked the servants how they managed what was given to them. Out of the three that were given talents, two worked on it and made double of what was given to them but the last one went to hid his talent and brought back the same thing that was given to him. The master was disappointed and took back that which was given to the slave. It's as easy as these, if you think you don't want to work on yourself or what you have out of being scared of losing it, then you're doing yourself more greater harm. The amount of wealth you as a man have will not increase itself rather it will reduce because you are making payments, sorting out bills, debited and spending. So you should not expect it to be the same amount you left just as you can't eat your cake and have it back.

Thank goodness you say e dey favour person wey hold am. Imagine a business (private entity) accepts Bitcoin as a form of payment, and in a nation like Nigeria where we operate a mixed economy system, the capitalists or private owners of production also contribute to the economy massively and we all know this. So if a company dey hold Bitcoin, as e dey benefit the company, in diverse ways e dey also benefit the nation economy.
Now even with that been said, some other ways Bitcoin can favour the economy of Nigeria is when it comes to currency devaluation. Imagine a currency like naira that it's price or value changes and depends on the dollar rate. If private businesses start operating with Bitcoin, you'll see that even if the price of the naira devalues, the coin remains intact, helping to maintain the profit structure of the company or business.

Youth unemployment is the real struggle in the families, communities and the economy. The problem is that there is no job opportunities for the skilled ones and even the ones that went to school. Even with their certificates, there's still no way for them to get employed because in our contemporary society, it's only on connection.

When a youth does not have job opportunities this leads to frustration, poverty, and involving in crimes or making them search for better pathway some where else and for the economy this will cause low productivity, slow growth of the economy and also lesser spending.

How can this be addressed, I will say that let the government and businesses owner work hand in hand to create job potentials for the youth, because some will go to school and later discover that what they study is not in line with what the employer wants.

As someone who is new to bitcoin investment, before venturing into it you will have to know and understand how it's works and goes taking your time to carefully learn more about the basic things on how to invest before going into the bitcoin market for an investment.

Also not just understanding how it works, it is necessary to know that when venturing into an investment, don't rush just be patient to get a good result. Although sometimes bitcoin actually fluctuates but that does not mean for you to panic, because sometimes prices will be high and sometime low due to how the bitcoin market is as at that time.
I know sometimes it's scary, especially while investing but if you want to get a good result then that's when the patience comes in because in everything you do in life, inevitably the virtue of patient must be there to achieve outstanding results.

These things I'm hearing about the police is not a good one for the Nigerian police but what will they do when they're all just following the directives of their head or superior officers, the commander to be precise. And again I know it's very bad because they're suppose to protect life and property of the citizens and not take from them, now making it hard even for travellers because the drivers will also make an increament on transportation fee. As a result this affects the citizens they think they are protecting. Overall, I don't think they have the choice because before the month will come to end they will have to take that as a side hustle to take care of some expensenses.

And maybe if the government makes an increment in their salary, all this stopping of drivers for money will definitely stop.

We all know that nothing comes easy in this life. Every bit of work in life needs hardwork and dedication, you can use your mouth to say u will work but without putting your mind into it a better result will not surface.
In life there are challenges that you will face to make you stand firm because no pain no gain. At first you will be like "I can't do it because I have no knowledge about it" and someone like me I normally say this platform is for those that are smart.
Thanks for the encouragement you've given me because it has lifted my negative thoughts of not good enough to do it.
And also if you want to survive in this life you have to determine and prioritize what you're doing don't let anyone talk you down just say to yourself that you can do it and you will see yourself grow not only on this platform but life as a whole.

We all know that nothing comes easy in this life every bit of work in life needs hardwork and dedication, you can use your mouth to say u will work but without putting your mind into it,a better result will not surface.

Before you start up a business and call yourself an entrepreneur, there are certain necessary or should I say compulsory things, factors and strategies you should know or else you'll suffer massive loss. The basic thing about capitalism (private owned business) as we all know is making profit because;
1. You'll have extra bills you need to cover up in your business
2. No one starts a business to lose it all up

Now let's focus on number 2—scrutinizing the concept about profit making in business on the terms of not losing. Before you embark on a business, you'll sure have a good capital to start up and also some extra cash for unexpected bills, requirements and payments of which you can't deny the fact that they'll certainly come. Now even if you start making profit in the business, you'll still have to be careful and thoughtful of how to manage your finances because there'll still be need for some extra cash. I think I've seen someone say something similar to this before on some thread and I'll quote "bitcoin is not a tendency which price or value is stable so you investing your money meant for business into it is a major risk." You may be so much into the idea that yes you'll make profit but allow it, let me advice you that you'll definitely not see it coming. It might even be minutes after you make the move that the value will depreciate. It's just the principle of cryptocurrency so we all got to be careful.

I don't think it's the best system for the current global economy because this system is being handled by few while leaving many behind. But if you check on the brighter side, it has improved the economy because the mobile phones and even fast cars we use today are all as  a result of this system.

The whole concept about saving is about self control and discipline. For you to successfully start and maintain a saving journey, you'll have to learn critically how to discipline yourself. WizKid a popular afrobeat musician said in his song titled a million blessings, "wetin I get I dey invest, if you no dey wise you no go collect." In proper English, he meant "he invests whatever he has and if you are not wise enough, you'll never achieve something in life." It's not easy to focus on saving if you're one that craves to get anything you see. One that can't say no to the petty things they sell close to your house or workplace. You have to say no to certain pleasures so as to help yourself build that saving habit.
Because no matter how small or big the amount is, you have to say no to somethings because definitely you won't make progress is you can't discipline yourself.

If seeing someone who is better than you makes you feel like you should fake your personality, then I pity you as a human being. The best way to react to those moments is to pick up the challenge and work even harder. Of course we all have these moments which makes us wonder "what is it that we're ain't doing and the other person is doing that has made them attain that height or achieve the position they are." Sometimes we work even hard 9-5, stress our minds and body all week and even in most cases more than the successful persons we know. But the truth is, if you start faking it, then you are not ready to learn the secret. If the person is close to me, I'd even walk to the person and ask what's the secret so as to learn a few things which may be of help to me. I always say this and I'd say it even here that there isn't any harm in wanting to know. If you see someone doing better than you, instead of feeling you aren't up to their level and for you to feel among, you should rather fake your personality, I advise you push even harder in life as you pick that person as your motivation so you'd doing even better.

Seriously it's a tough one and a very interesting topic I'd say because it's like putting our skills to a test. When I mean skills, I mean how well you can make guide and train someone in the digital world and not just being an investor.
Before I'd start, I'd put into much consideration the fact that you're from the seventies which had limited or no technology as compared to the modern day in order for me not to keep my vocabulary in check in a way that I'd not end up confusing you with my words because according to you, you have not knowledge about Bitcoin.

The first thing I'd want you to know is you investing something or an amount you can lose because the concept we're talking about isn't one that is fixed. I'll use the price of Fuel for example to make you understand how it works. Using how the price of petrol goes up and down and if you are a seller who bought it in large quantity when the price was up, you'll definitely suffer loss if something happens and the price goes down. I think as an elderly person with wisdom, such illustration will help to give you the knowledge on how the price of bitcoin works so if you want to invest, you'll definitely be expecting the possibility of loss as that of profit.

Another advice I'd give you is to have the element of patience. Bitcoin is a tendency that is not rushed because once you do, you'll never gain from it. You can purchase it, keep it there in your wallet since it can be monitored by you having no third party involved. Allow it to go through the waves of time because there might come a day the price will drop but that's definitely not the end of it and that's why it's called an investment. Now in Bitcoin's case, it's not just any investment but a long term investment which may pay off in even a year or more than. So before you should venture into Bitcoin investment, I'd really really lay concrete and lengthy emphasis on the need to have patience because I know you been an elderly, you'll be much aware that patience as we know it, is a virtue.

Well I will say that self control is very important, because it's not how much you earn that determines how rich or wealthy a person is. Let me use a friend of mine as an example, if he wants to get something important he limits on how much he spends and saves up for that particular thing. It's not about him not having the money for it but it's just his aim is to get that particular thing he wants so badly.

However, someone can still not spend unnecessarily and yet end up not getting rich. Normally spending can be controlled but that does not stop someone from spending money, as it's part of life's daily activities

Of course yes you are so much allowed to showcase your art here on the forum. Do not forget that there are real people here and as a result of that, someone might even get attracted to your work, like or even find interest in it which can lead to you getting a private message from them. I'll advise anyone to post even about his or her art if the OP has a minimal of Jr member, he should even add photos because this forum is just more than discussion but more like a global market. You can get connected than you'd even expect.

Why did the Bitcointalk user refuse to sell their coins?

Because they were HODLing for dear life!

For like a while now, there have been a continuous debate on which one is better between the military rule and the civilian rule. Something that seems very easy to understand but it's so funny that certain persons just decided not to see the brighter sides of both governments. After a lengthy analysis, I think it is even better to drop such discussions here on a forum where opinions are freely aired and a board where people with maximum interest in the political system and structure of the society.
Now before I'd rush to say one stands out more than the other between military and civilian rule, it will be better if I first discuss each of these concepts and their major features, the fundamental principles and values that each system prioritizes, which in turn shape their governance, societal impact, and long-term sustainability so that the debate will be based on the facts. Because I believe in knowledge and a smart and intelligent argument tends to teach you more.

MILITARY RULE
As we know it, military rule is very straightforward as the power government is right in the hands of the military. It often emerges from a backdrop of political instability, corruption, or public discontent, stands out most for its embrace of authoritarianism and discipline. It operates on the principle that the state's security and stability are paramount, and in order to achieve this it must wield absolute, unquestionable authority. The major stand outs of the military rule are;
• Command: The military uses a hierarchical command structure as it's primary tool. Decisions are made swiftly by a small group of leaders and are executed or carried out without the encumbrance of public debate, political opposition, or legislative processes. This can be seen as a advantage in times of crisis, where a quick, unified and decisive response is needed. Even also Infrastructure projects, anti-crime campaigns, or economic reforms can be implemented with a speed and forcefulness that civilian governments often cannot match for instance, the case of Burkina Faso.

• Suppression: However all these efficiency are at a cost. The military's emphasis on control means that civil rights—freedom of speech, press, and assembly—are often viewed as obstacles to order and are summarily suppressed. The rule of law becomes arbitrary, and citizens are subject to the will of the ruling leader rather than a legal framework. The dangerous aspect of this system is its lack of accountability as there are no elections, no checks and balances, and no peaceful mechanism for the populace to remove a leader they disagree with. This creates a fertile ground for corruption and human rights abuses, as the leaders answer to no one but themselves.

CIVILIAN RULE
Using legitimacy (legal and general acceptance) and Liberty (civil freedom) as foundational pillars, civil rule particularly in its democratic form stands out as a stark contrast by elevating legitimacy and individual liberty as its highest values. Its core feature is that the government's power is derived from the consent of the governed as the citizens are very much involved in the decision making process. Its major stand outs are:
• Citizen Participation: The very essence of civilian rule is the participation of the people. The citizens have a direct say in who governs them through elections. This process, while often slow and messy, is a powerful tool for holding leaders accountable. Political parties, free press, and a very much active civil society are not just tolerated; they are fundamental components of the system that provide crucial checks and balances against the abuse of power. There also is the separation of powers (legislative, executive, and judicial) ensures that no single person or group can accumulate absolute power.

• Issues of Inefficiency: A very common and valid critique of civilian rule is its perceived inefficiency. The need for compromise, consensus-building, and public consultation can lead to political gridlock and delays in implementing much-needed policies. The system originally is designed to be deliberate, to protect against rash decisions, and this can be frustrating for a populace that demands immediate results. Furthermore, the very freedoms it champions can be exploited. Corruption can fester in a system where powerful special interests and wealthy donors can influence the policy-making process. The exchange of political ideas can descend into political clashes, thus hindering progress.

With all this said, the notable things from every man's perspective is that a person living under military rule might praise the apparent law and order, the lack of crime, and the feeling that a strong hand is at the helm. They might see the suppression as a small price to pay for stability. This perspective is designed by a deep-seated fear of chaos and a yearning for an effective governance.
Conversely, a person living under civilian rule might celebrate their ability to voice an opinion without fear, to challenge a leader, and to participate in shaping their society. They might tolerate the political instabilities and slow progress as a necessary trade-off for their liberty. It is important to note that this view is rooted in a belief in human dignity and the right to choose one's own destiny.

Between both political systems, what truly stands out is the choice between two entirely different visions for society. It can be one where the state is master and the people are subjects, and another where the people are masters and the state is their servant just like John Locke's social contract theory of the state.

On one hand it's the lazy citizens who failed to be independent, not innovative, not creative and they are over dependent on the  government
And on other hand is from the government lack of support when needed the government failed to notice the effort of the trying youth and the absence of their support which leads to crumbling dreams which cause a fallen economy instead of economy to rise with innovation rather it's depreciate.

Another point to look into about fallen economy is the private investors who failed to invest in their country to boost economic growth on their country, rather they invest in other countries to build their economy than their own economy.

The government should make arrangements to address the challenges we face in the country to help solve the issues for the fallen economy.
While for the citizens, they should learn how to contribute on local businesses and support the business of local owners and also be informed on how to make the economy better for everyone to enjoy more privilege to stop all this ups and down in the country.

Well Well Well!!
It's a good thing how the benefits of cryptocurrency have been discovered lately.

Sergey Nazarov, the co-founder of Chainlink, has stated that he sees a major change in how regulators and other traditional financial institutions see cryptocurrencies. Instead of seeing them as a threat, he believes they are beginning to see the crypto industry as a potential engine and a source for economic growth. This is a great significant change in perception and highlights the maturing of the crypto space.

Now according to him, the reason why cryptocurrency is now seen as a source of economic growth is due to certain factors and all these involve contributing to the economic growth in diverse ways like;

1. Financial inclusion: One of the most important contributions is that cryptocurrency provides financial services to the unbanked and even underbanked global population. In most developing countries, people may not have access to traditional bank accounts but do have access to the internet and smartphones. Cryptocurrency gives these people the space to access and participate in the digital economy, help them send, receive and even save money.

2. International or global trade made easy: Cryptocurrency can make international trades and cross-boarder transactions a lot easier, faster and more cheaper. Originally, traditional money transfers can involve a high fee and even a long time wait but Crypto allows a fast and even cheaper or low cost transaction. This act is beneficial for people sending money to family in other countries and even small businesses involved in international trades.

3. Tokenization: This was the most important reason Sergey talked about crypto helping the global economy. Tokenization is the process of representing a real world asset like an art or stocks on a blockchain as a digital token. Now this can make these assets easier to sell and even accessible to a wider range of investors which can potentially increase the value of the asset.

4. It helps protect against inflation: In countries where there's an unstable economy and high rate or level of inflation, citizens can use cryptocurrencies like Bitcoin to store their money to protect their savings from rapid devaluation of their local currency.

Now technically, Chainlink acts as a bridge which connects the blockchain world to the real world, thus making it possible for traditional finance and real-world economies to safely and securely integrate with blockchain technology, and this is why Nazarov's perspective is particularly important to the discussion of crypto's role in economic growth.

It's a good thing the positive side, influence and impact of cryptocurrency on the global economy is beginning to be seen by prominent members of the global trade system which makes it easier to say cryptocurrency sooner than expected will become a legal tendency globally.

Investing in bitcoin is not mandatory, it's a thing of choice and not everybody that can just venture into it.
One basic reason why everyone can't just invest in bitcoin is their financial status. Some people might have the money to invest while some might not have enough to invest. And perhaps, there are also other investments out there, because the way I see bitcoin. Although bitcoin is originally made for everyone but there are some people who can't afford to buy bitcoin, even though it won't cost much to afford a single satoshi.

You're so correct because it's just so simple for a rich individual to invest into Bitcoin. They just have to invest in bitcoin and not get worried of the value because they'll certainly invest with an amount that won't even mean much to them. They can easily hold bitcoin for a long period of time even if it dip which definitely will help them even profit more later on because the price will definitely skyrocket in the future. Unlike an investor with limited funds who borrowed money or sell his property  to invest in  bitcoin, they'll definitely get panicked and sell at lost (because bitcoin dip while they expected it to skyrocket in a short term). Such person can't even hold a token for long because they are short term investors.

I'm a newbie in the forum so I'm my local Nigerian board there's a fruit contest going on so I participated on the fruit contest, but every entry I see on the contest can post photo except me. Is there something I'm missing out?
This is the link of my entry that didn't show.