Hi everyone..

So some how, i discovered that there are some forum members who are periodically deleting tens of hundreds of their previous posts/comments, supposedly for no other reason other than to keep their post count low, probably to match the number of merits they have earned, or keep their post count at a little bit higher average, what ever their main motive for doing this is, I don't know specifically, but my guess is that, they may think or consider it that other forum users, or maybe campaign managers, may consider them spammers if they have a lot of posts, maybe in the tens of thousands and not many merits earned to back that number of posts up, this is true ?

I know of two or three accounts that have engaged in this act of deleting their own previous post, I've thought about why they do this and nothing else comes to mind except that which I've expressed above, i am not going to mention their usernames since this thread is not about them, but me personally asking if this is an ideal thing to do, i know there is no rule restricting users from deleting their previous posts when they feel like it, but I don't know why I feel doing such is a cheating on other honest forum members, as well as campaign managers who might believe you to be a quality poster based on your low posts count and merit earned, not knowing that you are just an average poster like most users of the forum, that deleting previous post is what has kept your post counts down..

What do you guys think or make of this?, its an honest enquiry please..

When you buy Bitcoin hen the price is 100k$ then how much will you sell it back to make profit because at that time the price of Bitcoin might not exceed 100k$ and if the price didn't not exceed that amount you will become a loser in the business so how does the vendors do at that time?
Or you buy at that time and thinking that it will go up to 200k$ but ironically, the price come below 100k$. What will be you faith/fate. Many companies stopped function last year because they accumulated a lot of Bitcoin when the price was high and they were thinking that the price would go up for them to sell them off and make their profit from there but instead the price of Bitcoin drastically come down very well. So the companies  enter bankruptcy and folded. So exchange are trying to avoid such mistakes, so that they can run a long journey.

Will the price pass 100k$ next year 2024 for buys to make their gain?

I have been fan of Bitcoin since 2016 when I found it for the first time. Its decentralized nature made me to love it. Because of Bitcoin, no government or authority can control the way we use our money digitally. Other than that, Bitcoin has a value that has the potential to increase far higher than gold, and at the same time, it doesn't carry any weight due to its digital nature.

Here are some valid reasons that made me to love Bitcoin:

Bitcoin is completely decentralized, which means that no government or banks can have control over it. Traditional currencies, such as fiat, for example, the US dollar, Euro, and others, are controlled by banks and governments, but Bitcoin is not controlled by anyone. It works on a P2P (peer-to-peer) network of millions of users.

Another aspect of Bitcoin that made me love it was its lower transaction fees. Bitcoin operates on P2P, which is why its transaction fees are lower than those of banks. When you are sending BTC from your wallet to someone else's wallet, you will pay a little transaction fee to the network. Even that fee is used to inspire the nodes so that the transaction gets validated.

Other than that, Bitcoin is completely transparent. Every transaction since its first transaction is recorded on the blockchain. The best thing about the blockchain is that anyone can access the record. Due to this transparency, the transactions made by Bitcoin can be tracked easily, which adds a perk to its security.

Bitcoin is accessible to everyone, and that's an amazing aspect of it. Anyone from any part of the world can access Bitcoin through the internet. That means that anyone can transfer and receive Bitcoin anywhere without any restrictions. It even works in those areas where traditional banking infrastructure is not present.

Another very important thing about Bitcoin that made me love it is its limited supply. Bitcoin has a total supply of just 21 million bitcoins. It means that there won't be more Bitcoins ever, only those 21 million Bitcoins will exist forever. That makes Bitcoin a store of value. Due to its limited supply, its price can move to way higher levels. Some people even believe that one Bitcoin will be worth 1 million in the future.

I use Bitcoin every day, and it's an important part of my life. I can't imagine my life without Bitcoin and other cryptocurrencies. I believe that its adoption rate will increase in the upcoming days, and many new users will start using this amazing invention of this century. Thanks a lot to Satoshi Nakamoto for developing such an amazing infrastructure that has made our lives easier and far better.

All those features of Bitcoin made me to fall in love with it. I believe there are millions of lovers of Bitcoin. Kindly share your love for admiration for this amazing invention. Thank you!

Millions of people are being forced deeper into poverty as the ultra-rich increase their wealth. People in the US and around the world struggle to pay the high costs of food, gas, and other necessities, yet over the past two years, the richest 1% have secured nearly twice as much wealth as the rest of the world combined. How is this possible?
Most people believe billionaires are there to help the economy, this is a total NO in most cases. Their very billions are earned because of cheap labor, and cheap labor is available because of poverty. More poverty creates more billionaires. They are rich because they utilze the opportunities coming from developing and poor nations.

In short, billionaires are bad for the economy. How bad? Check out these top four ways:


1. Extreme wealth and poverty are rising simultaneously for the first time in decades
Now more than ever, workers are struggling to pay their bills, buy their groceries, and support their families because inflation is skyrocketing across the world. Corporations are raising the prices on goods, not because they have to, but because it increases the payouts for their shareholders. This lines the pockets of the ultra-wealthy while forcing more people into poverty.

Last year, 95 food and energy corporations doubled their company profits. Instead of investing that money in their employees, they paid $257 billion to their already rich shareholders. In the backdrop of this outrageous corporate greed, 1.7 billion workers live in countries where inflation now outpaces wages.

2. American billionaires are 33% richer than they were at the start of the pandemic
In 2020, the US experienced the worst economic growth since World War II. Much of the country felt this burden, especially marginalized groups, but the top 1% did not struggle. Instead, they became significantly richer.

This is possible because, for decades, the system has been rigged in favor of the rich. Labor laws, CEO compensation, the privatization of public assets, and much more are skewed toward making the rich richer. This leaves little protection and support for the average person, putting them in a vulnerable position.

3. Billionaires are contributing a million times more carbon to the atmosphere than the average person
People across the globe are facing dangerous climate change events, such as severe hurricanes, flash floods, and wildfires because billionaires are making climate change rapidly worse. In fact, 125 of the world’s richest billionaires invest so much money in polluting industries that they are responsible for emitting an average of 3 million carbon tons a year. The more they invest in fossil fuels, the more they protect the use of them, no matter how much the rest of the world suffers in response.

4. The super-rich are taxed at a dangerously low rate
Billionaires paid a low tax rate of 3% while most people with less money, like nurses and teachers, paid far more. If multi-millionaires paid a 2-3% wealth tax rate and billionaires paid a 5% wealth tax rate globally, it would raise $1.7 trillion a year. This money could be used for underfunded social programs, environmental policies, and economic programs. This would reduce the stress of necessities like the cost of childcare and healthcare.

With this tax rate, 2 billion people could be lifted out of poverty. We need to reduce inequality to end poverty and injustice. Increasing taxation up to 5% for the richest people in the world would be a strong step toward equality


Reference: https://www.oxfamamerica.org/explore/stories/top-5-ways-billionaires-are-bad-for-the-economy/

CONCLUSION
Everyone want to become a billionaire and it's a good thing to become one but what will be your impart to your community, nation or the world if you become a billionaire today. People like Warren Buffett, Chuck Feeney, Oprah Winfrey and many more can not be forgotten for their impart on the society. Only few billionaires are ready to help. To solve the issue posted on the economy by the billionaires, the followings can be done

👉👉Reducing the rising levels of global inequality and more billionaire-busting policies should be created.

👉👉Wide-ranging increases in taxation of the super-rich, and we call on world governments to tax multi-millionaires and billionaires

👉👉Creation of total education, full employment and health care facilities for the masses.

I'm a pleb like most of you, and I too have, many times, become pesimistic about the economy in general and in what's about to come. But has anyone ever considered that,

- The economy is not going to crash into a recession
- That there will be an actual soft landing
- That the Russia - Ukraine war will not escalate into a European war
- That Gensler CAN'T truly ban crypto
- Institutional investors will come back and take Bitcoin to six digits

I'm probably missing more narratives, but you get the idea.

There are talks among the world's major central banks to begin the creation of their own digital currencies (Central Bank Digital Currencies for that matter). The launch of Bitcoin, and the widespread popularity of "De-Fi", has led governments to act fast before they're left behind the game. They know they can't beat Bitcoin, so they will try to be in-par with it by launching digital currencies of their own. The average person won't notice any difference with the new digital cash system, as everything would be the same as using a credit/debit card.

I'm beginning to question whenever CBDCs will be able to replace paper money for good, or will it co-exist with the old system? After all, credit/debit cards didn't manage to replace paper money when they launched. For being in the 21st century, I'd say paper money should be phased out as soon as possible. Everything should turn digital, as we live in a digital society.

How long do you think it will take for paper money to be phased out for good? Will CBDCs be able to replace not only paper money but also credit/debit cards? Your input will be greatly appreciated. Thank you.