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Showing 20 of 214 results by White pawn
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Topic
Board Politics & Society
Re: Is it good to take decisions when one is angry?
by
White pawn
on 27/08/2025, 16:24:29 UTC
When you're angry, your emotions can override your rational thinking, taking or leading you to a Rash decision that will make you regret later.

So it's not recommended for one to make important decision when being angry.

1.Always calm down before making decisions when you are angry,
2.Alway talk to someone you trust to get advice and seek counsel

Lastly when you are angry always engage in activities to ease your mode, and take a deep breath.
Sometimes you can sleep over it,yes some time ago some one made me very angry,I was angry to the point of retaliating but then I said to myself calm,I had to sleep over it at night and when it was Dawn I feel so good.
Post
Topic
Board Politics & Society
Re: Why Use Goldbacks For Money.
by
White pawn
on 27/08/2025, 16:09:36 UTC
Goldbacks is a form of currency that combines the value of gold with the convenience of paper money.

Now why Goldbacks is used because it has some benefits why using it.it provide a sense of security and stability.
Goldbacks are physical gold, and are tied to the value of gold and are less to currency devaluation.
Goldbacks also facilitate international transactions and are widely recognized.
Goldbacks can also serve as a store of value so that individuals can hold assest that can be easily modify into goods and services.

One can still benefits the stability and security from gold while still enjoying the convenience of a paper currency.
Post
Topic
Board Economics
Re: The most important factor when building a business
by
White pawn
on 26/08/2025, 05:52:59 UTC
The most important factor to consider when starting to build a business is the target audience. You have to think of who would you want to cater to. Who are the communities that you may profit off of. Like for example if there is a school near you, you should know that students would be your target audience. You should start a business where students can buy materials from or a place they can study or even hang out around. I believe that if you studied your target audience, the first step of your business is already successful enough.

I think you meant to mention location as the setting of the business where you mentioned school,the location of a business works with that if audience I could say and that's because it's the very first consideration especially for a new business because the location and audience determines the rate at which the business gets to grow because setting up a business where the type of business is not meant for the available audience can degrade a business, example setting up a Bar business in an area where there are just primary and secondary schools knowing fully well that it doesn't work for them as it's not meant for them considering the age and time limit but setting up a fast food can actually pay off because students always have to eat and study or even a stationery would pay off,so it's just very important to put outh these to consideration as it helps and also affects the growth of a business.
Post
Topic
Board Economics
Re: What does working for yourself really mean?
by
White pawn
on 26/08/2025, 05:43:40 UTC
If business owners, taxi owners, hotel owners and others who claim to be working for themselves need to depend on customers and customer satisfaction for profit, that is to be able to get money from them, are they really working for themselves?

Maybe the people who are actually working for themselves are those who do not need people or to satisfy any customer to make profit, example like the traders who do not need to lure customers to their shop like business owners or hotel owners, or taxi owner that need to follow instructions from their clients etc.

What could be the real definition of working for yourself?

For me working for yourself doesn't necessarily mean depending on people to meet up with profit making, because the expectations from customers simply explains the channel of marketing distribution from producers to the end users so obviously it's like a cycle that works on reapitition either if the stages invariably depends on the other because talking about business owners and starting from the producers the goods were made for end users and until the produced goods gets to the end users the distribution process has failed so looking at it from this view I think everyone is actually dependent on the other for survival.
Post
Topic
Board Economics
Re: Money or resourcefulness?
by
White pawn
on 26/08/2025, 05:33:47 UTC
In today's economy, if you want to get richer which one would you want more? Money to kickstart your idea or career... or just creativity and resourcefulness? With social media being more important in the economy and creation of jobs, anything is honestly possible now.

Yes, there are still things you will need that require money but it is not much money compared to before. So many jobs are created from the internet. So many people can reach out to you and help you if they take interest in what you do. So, for me even though money will make things easier... resourcefulness can really help you be richer. Will you agree?

Yes ,I agree with you that money can be earned through resourcefulness and resourcefulness implies that one has to have a creative and sound mind always wanting to do new things and knows how to strategize properly to execute the ideas and vision of a person either to make ends meet or setting a legacy for success so in my view money is basically an end point for resourcefulness.
Post
Topic
Board Economics
Re: Skill or educational certificate
by
White pawn
on 26/08/2025, 05:18:54 UTC
Skill is good and educational certificate is also good. Having any of them can actually put food on your table, but the question is which of them will you let go for the other. I mean education can get you a white collar job the same way a skill can too. For me i will let go of the skill because skill without basic education is not good at all. Because I have seen a situation whereby a guy with  good skill who got a job was unable to give quotation and he lost the job .Formal education is good for everyone.

I humbly disagree to your point of view reason been that every thing has it's  advantage and disadvantage, considering the fact that the both are of great benefits to the possessor it's still important to note that one cannot be abandoned for the other ,for me I think it's even preferable having both as nobody knows where he or she could find opportunities with it ,if the collar job doesn't work for you or while aiming at a white collar job the skills can pay you off,in a country like Nigeria it requires more of skills because there no much job opportunities and it's regarded as a country where youths go to school and graduate without any hope for job employment so I'm standing on the ground that they are both essential.
Post
Topic
Board Bitcoin Discussion
Re: Can Bitcoin eliminate local banks?
by
White pawn
on 24/08/2025, 11:35:42 UTC
Bitcoin has the potential to significantly impact traditional banking,it unlikely to eliminate local banks,we might assume the future where both traditional banks and  crypto curencies to a more effective financial ecosystem.
 
However. Bitcoin can adapt with traditional banks by keeping transparent record to reduce fruad,

Also Bank can offer crypto currency related services,such as digital wallet or exchange services to tap into growing demand.
Banks can also create new revenue stream to digital currency.
Bitcoin provides financial inclusion to the unbanked and underbanked populations posing a paradigm shift in how people interact with their finances.
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is in danger, do you agree?
by
White pawn
on 24/08/2025, 10:57:48 UTC
Bitcoin currently can be analyzed from various perspectives, considering some potential risks and opportunities.

Bitcoin price has been fluctuating , with a recent decrease, this valatility can be attributed to factors affecting the market and global economic conditions and development.
Some of the factors affecting Bitcoin price are Regulatoryenvironment,micro economic conditions, market sentiment

Yes the changes in investors attitude and emotions can affect Bitcoin, investors should always stay informed and adapt to changing market condition.
 Untimely whether Bitcoin is in danger or not I think that
Depends on one perpertives and Risk tolerance.
Post
Topic
Board Bitcoin Discussion
Re: Fine a side hustle and accumulate Bitcoin.
by
White pawn
on 24/08/2025, 10:30:27 UTC
To be able to accumulate Bitcoin one needs to put into consideration some side hustle services like graphic designing, writing and doing some programming work.
 Another thing one needs to consider is buying and trading of Bitcoin on crypto currency exchange.And also to invest in  mining equipment to earn Bitcoin

Lastly one can also consider creating and selling digital content like offering Bitcoin courses, ebooks etc,
One can put in consideration of marketing Bitcoin in the affiliate marketing to be able to promote Bitcoin related products and services.

These  approaches require dedication , research and adaptability , putting more efforts and potentials to accumulate Bitcoin and benefits massively from crypto currency growth.
Finding a side hustle enables one personal growth ,builds confidence, Independence and self reliance
Post
Topic
Board Economics
Re: Be grateful for what you have now
by
White pawn
on 13/08/2025, 11:26:45 UTC
Quote
Staying in your current job is not a problem, even if you feel uncomfortable. Sometimes what we need is not a pleasant job, but a job that can still provide us with an income.

Many people out there don't even have a job to earn money, and are still struggling to search for one. So we can stay with our current job while we search for others.

I saw that post on my Facebook feed and thought about it. It's true.
If we're still working in our current job, we're still luckier than those out there who are still struggling to find a job.

Don't waste it by thinking short-term about leaving your job before you can find a replacement. There will come a time when we can find something better than this.

So, hang on a little longer and enjoy what we have and be grateful for it.

note: I use grammarly to make it readable.

One really has to be grateful for what he possesses because for every stage you find yourself in life there are people that strongly aspire for it
 So holding onto what we have is a big flex indeed
Post
Topic
Board Economics
Re: Famous people that died poor
by
White pawn
on 31/07/2025, 18:10:02 UTC


1. Wolfgang Amadeus Mozart lived shortly from 1756 to 1791. He was considered to be one of the most celebrated composers as he toured Europe as a kid to showcase his talent and allowed him to make up quite a fortune. However he had a problem with gambling and he also avoided certain jobs that led him to having massive debt. He was buried in a common grave due to poverty.



2. Thomas Jefferson was the third President of the United States. He had a wonderful career but couldn't control his spending and passed away with massive debts as well. A lot of his property was sold to pay off his debts.



3. Michael Jackson was called King of Pop and unfortunately passed away in 2009. His songs remain to be culturally relevant however at the time of his passing he passed away with around 500 million dollars of debt. Due to this, many of his assets were sold to pay for his debts.

The lesson I got from looking at all these influential people is you can be exceptional in your field but if you do not know how to manage your money you might just die penniless. I personally do not want to pass away after suffering from poverty. I want my last days to be spent in bliss.

There are other people in the list but I only chose three.

Elvis Presley _Despite being one of the best selling artists of all time, Elvis's estate was nearly bankrupt at the time of his death due to poor management and excessive spending.
Jimi Hendrix _the legendary musician died with very little assets and his estates took years to manage and generate significant income

Highlighting the importance of financial management
Effective financial management is crucial for achieving financial stability, security at freedom...and here are some key aspects of financial management
1.Budgeting_creating and sticking to a budget helps to track income and expenses.

saving _Building an emergency fund and saving for long-term goals provides a safety net and helps achieve financial objectives

3.Investing_investing wisely can also help grow wealth over time ,but it's Essential to understand risk tolerance, diversification and investment options.

4.Debt management _Managing debt effectively involves understanding interest rates,creating a debt repayment plan and avoiding high interest debt.

5.Financial planning _setting clear financial goals,such as retirement or buying a home,helps guide financial decisions and ensures progress towards achieving those goals.


By mastering these aspects of financial management, individuals can be able to reduce financial stress and also have increase financial freedom.
Post
Topic
Board Economics
Re: Making Money Work for you instead of you working for money.
by
White pawn
on 31/07/2025, 17:32:12 UTC
There’s no harm in starting small, start a little then use your income to buy things that appreciate or that generate cash flow, not just things that will cost you more like every month or a year.
Very importantly………..
keep learning, it’s a mindset shift that happens gradually.
Having multiple streams of income is important because one job might not be able to cover all your needs. Inflation is affecting many economies, causing an increase in the prices of goods and services. Investing in assets and starting a business is also okay because profits from these sources could contribute to the person's income.

But another important behavior to learn is modest living. Living extravagantly could affect the finances of an individual. The reason why some individuals have not been able to save enough to invest is because of wasteful living. It is not just about having a high-paying job or business, it Is important to learn how to live modestly to enable you to save to invest.

Instead of trading time for money the idea is to create systems or investments that generate income without requiring direct time exchange..it includes
*Investing in stocks,real estate,or other assets.
*Building a business that runs passively or with minimal involvement.
*Creating and selling digital products or intellectual property.
*Generating passive income through royalties,dividends or interest.
The goal actually is to create financial freedom and leverage your time and resources effectively.
Post
Topic
Board Marketplace
Re: List of stuff you can use bitcoin for.
by
White pawn
on 31/07/2025, 07:30:26 UTC
Buy Real Estate with cryptocurrency - Sell your property for Bitcoin, http://bitcoin-realestate.com

I have not try it, because I have not so much Bitcoin...  Grin

You can as well use Bitcoin for
*Financial transactions
Peer-to -peer payments:send Bitcoin directly to anyone with a Bitcoin wallet, without needing intermediaries like banks
. Purchasing goods and services:use Bitcoin to buy products and services from merchants who accept it, like Microsoft, overstock and Shopify
Remittances:send Bitcoin across borders quickly and often cheaper than traditional methods.
Microsoft payments:make small transactions without high fees

* Investment and store of value
Investment: Buy and hold Bitcoin as a potential long-term store of value or investment.
Hedge against inflation use Bitcoin as a potential long-term store of value or investment.
Hedge against inflation use Bitcoin as hedge against inflation and currency devaluation
Store of value:view Bitcoin as "digital gold" and invest in it to protect against currency fluctuations
Post
Topic
Board Economics
Re: Importance of budgeting
by
White pawn
on 08/07/2025, 10:21:33 UTC
If anyone don't understand this basic thing such as budgeting then they should not be in business or have anything to do with finance. OP you did a good job but have honestly post like this are basic, this type of post will have a good fitting for  beginners and help. This is a vast forum and the economy board of the forum talking about very basic thing like this that is obvious as day light is a bit cringe.

Budgeting is part of our everyday life and for one to be successful there's always a reason for budget , there's a saying that failing to plan is planning to fail ,so to business owners and individually budget keeps you on track .
Post
Topic
Board Economics
Re: College programs that will make you rich
by
White pawn
on 08/07/2025, 10:14:34 UTC
Any programs can make you rich, I'm not lying.

What you have to do is becoming the top 1% on the program you pick, that's it.

If you take accounting degree, try to work in PWC.

If you take international relationship degree, try to work as a diplomat.

If you take culinary degree, try to work in five stars restaurants overseas.

If you take computer science degree, try to work in Google.

It's all about your skill, job vacancy (luck) and the hype of your skill (another luck), so you have to be very lucky in you want get rich.

You learn for four years and you're still hoping luck will be on your side.

Exactly I think that whatever program you do as a person can take you to the top it all depends on your intentions and consistency because a person that doesn't have a goal or vision for what he's into cannot successfully achieve anything because there's obviously no zeal no good efforts to get better so how do you get rich ,so one has to be intentional about whatever program he/she finds their selves doing as that's the only way to strategize properly and make money.
Post
Topic
Board Economics
Re: Is a University Degree Still Worth Anything?
by
White pawn
on 08/07/2025, 10:07:34 UTC
Depends on where you live.

If the jobs vacancy require degree, pretty sure university degree is important.

If you live in a country who choose experience over degree and other theory thing, university degree isn't important anymore.

Many people that I met usually say this to me "the most important thing of school is you can make friends and relationship, they will help you in the future". So, I think university is important for the social benefit than the thing you learn since you can learn in work.

For me I think that university degree is still important,firstly because going to the university is not just for studying and getting certified but also for , influence, exposure, and self development and socialization because all through the process of studying you get to meet new people and it as well paves way for these very tech skills that are now job opportunities for people so I think wether u go to the university and get a degree or not shouldn't be a limitation for job opportunities,it all depends on the privilege you get as a person
Post
Topic
Board Economics
Re: Observation on life needs
by
White pawn
on 08/07/2025, 09:52:42 UTC
I have observed that if you increase your needs, the new 'increased need state' becomes your new norm after a while. For example, if you didn't have car before but then you purchase it, use it regularly and then when you don't have it anymore — you'll miss your car, you'll feel like you can't live without it even though you managed to live without it before.

Do you agree with this observation? Would you agree that it's better to not increase your needs in first place?

I disagree with you standing on the ground that increasing your needs doesn't affect your normal daily life reason been that we are humans and as far as life is concerned we experience new things everyday and we get the urge to explore so the fact that you own something and when it's no longer there you miss it is not a good excuse to not explore on new things ,you missing that object or whatever is due to it's significance at the material time.
Post
Topic
Board Economics
Re: Can Your Name Become an Economy? Why Building Your Own Personal Brand Matters
by
White pawn
on 07/07/2025, 16:10:58 UTC
Your brand represents your own company as long as you can deliver your products perfectly, brand is the greatest asset someone could have because it represents you in your absence and that it speaks of your integrity and reputations in the society.

For the social media content creators and influencers expressing their lifestyle while the same creating themselves as brand where they attract everything that's meant for them.

Brands doesn't make you chase, everything chases you and wants to deal with you, it paves more way than working for company.


Yes ,I believe that building your brand first gives you a standard that attracts companies to contract you to help their business get visibility so personally it good to invest more on your brand because your efforts and it's outcome would be a reflection of the growth of whatever company that  contracts you for their business,also loyalty and consistency is another key factor in building a brand because looking at the aspect of content creators and influencers once you're inconsistent with what you do it defines you on a low esteem,and it chases companies away because there's obviously no hope for the future but once they see how meticulous you are and dedicated to your brand it attracts them to chase you to invest such efforts in their companies as well to generate a bigger audience which results to more income.
Post
Topic
Board Economics
Re: Five things to spend your money on.
by
White pawn
on 07/07/2025, 15:26:42 UTC
What people mostly know is about needs and wants. So, we have to spend our money with the needs first before going with the wants. And the luxuries that you've mentioned is better if it's said as wants. Because that's indeed what we have to spend sometimes to give ourselves the luxuries of having a job and why we work for it. We provide but we also need to provide for our own happiness. If things such as what we like to have makes us happy, we shouldn't deprive ourselves with it because as long as we are paying the bills, we provide food to the table, we deserve that kind treat to ourselves.
Its a must to solve our needs before investing in Bitcoin or any kind of investment. No human can live alright and think about making investment while needs are not being met, the essentials of quality livings needs to be proportioned in the first list of spending. Bitcoin investment shouldn't affect our standard of living, not for those who display high standard above their financial capability, those who leave above their income will always return back to their investment for further survival when the main source for expenses finishes.

I like as OP kept luxury last, its rather not important when you don't have enough to spend for the lifestyle.

Basically I think the first thing that should appear in anyone's mind on what to spend on should be  investments because the sole aim of investment is getting returns that can possibly aid the needs and wants of the individual, apparently one can have resources and fare from it but the question should be is it ever enough to cover for the basic needs and wants of the person? Especially considering people that have family to take care of , school fees to be paid , daily feeding, logistics and health care.etc...
So it's not a bad idea for anyone to give sole attention to the basic needs but investments is what can make all of these expenses at ease for the individual when there's a possible returns it makes everything smooth.
Post
Topic
Board Economics
Re: Why are large public companies buying Bitcoin?
by
White pawn
on 24/06/2025, 06:27:39 UTC
Big companies buy Bitcoin because they think it’ll go up in value over time. It’s digital gold, limited & not controlled by any government. Some also use it to protect against inflation or to look modern & forward thinking. It can also help boost their stock price if Bitcoin does well.

I agree with you Bitcoin is used as a store of value against fiat currency debasement, like digital gold, companies invest to diversify cash reserves, especially in a low_interest rate environment.