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Showing 20 of 177 results by rokok lokal
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Board Economics
Re: The world continues dumping US dollar (Gold, New World Order, World War III)
by
rokok lokal
on 07/04/2023, 08:57:48 UTC
It is true that some countries, including India, Iran, and some Eastern powers, are buying gold as a way to diversify their reserves and reduce their dependence on the US dollar. It is also true that the US dollar has been losing value over time, due in part to the large amounts of money the US government has printed to finance its deficit spending.

As for the claim that the US inflation rate would be much higher if other countries weren't absorbing some of the inflation, it is difficult to verify this claim without further context and evidence.

Regarding the suggestion that we are in the midst of an economic World War III, this is a controversial claim that is not widely accepted by mainstream economists. It is true, however, that there are ongoing economic tensions between the East and West, particularly with regard to trade and currency exchange rates.

As for the impact of these developments on Bitcoin and the outlook for 2023, it is difficult to predict with certainty. Bitcoin is a highly volatile asset, and its price is influenced by many factors, including economic and geopolitical developments. As for the broader economic outlook for 2023, it will depend on a variety of factors, including global economic growth, inflation rates, and geopolitical tensions.


So it sounds like some countries are looking to diversify their reserves and become less dependent on the US dollar by buying gold. And while some believe we are in the midst of a World War III economy, that's not the mainstream view.

Of course there are tensions between East and West in terms of trade and currency exchange rates. And as for the prospects for Bitcoin in 2023, no one can guess – it is a volatile asset that is influenced by many factors and the outlook for the economy this year will depend on a variety of factors, such as global growth, inflation and geopolitical tensions.
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Topic
Board Economics
Re: U.S. Treasury under pressure of DeFi market threat!
by
rokok lokal
on 07/04/2023, 08:48:29 UTC
Yes..The recent statement of the US Treasury Department warning of potential threats to national security posed by the decentralized cryptocurrency market, or DeFi, is causing concern in the crypto industry.

The Treasury report claims that DeFi platforms are being used by illicit actors to launder funds and finance national security threats. As a result, the report outlines plans for stricter regulation and enforcement of money laundering.

Yes I think this news adds to the negative sentiment towards the crypto market, which has seen a number of high profile crashes and bans in recent months. Regulatory pressure from the US Department of the Treasury could have a significant impact on the crypto industry, as it could result in increased compliance costs for DeFi platforms and greater oversight from regulators.

Investors may react negatively to this news, as it adds to the uncertainty and regulatory risk associated with investing in the crypto market.
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Topic
Board Economics
Re: Russia To Legalize Use Of Cryptocurrency In International Trade
by
rokok lokal
on 07/04/2023, 08:43:45 UTC
The announcement that Russia is close to pushing legislation for the use of cryptocurrencies in international trade has fueled interest and speculation among market watchers. The move comes as Russia seeks alternatives to the US dollar amid Western sanctions, and aims to facilitate more efficient cross-border settlements.

However, it seems that there are still questions around the regulatory framework that will be introduced to allow cross-border settlements in cryptocurrencies in Russia. It remains to be seen how this new policy will be implemented and whether it will lead to wider adoption of cryptocurrencies within the Russian financial system.

I think its developments are worth watching closely as they could have significant implications for the global cryptocurrency market and the wider financial landscape.
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Topic
Board Economics
Re: Swiss Government-Owned Bank PostFinance to Offer Customers bitcoin and ether
by
rokok lokal
on 07/04/2023, 08:31:06 UTC
About PostFinance's decision to offer access to cryptocurrencies through Sygnum Bank is a positive development for the crypto industry and PostFinance's move to enter the crypto market reflects the growing interest in digital assets among retail banks in Switzerland. Instead of blocking financial flows to cryptocurrency exchanges, PostFinance has decided to provide a better and regulated service to meet the needs of its customers. The decision was also driven by the growing importance of digital assets in the financial world.

Switzerland, in contrast to the United States, seems to have a different approach to cryptocurrencies. While the US is focused on cracking down on cryptocurrencies, Switzerland has taken a different approach by providing a reputable and established partner like Sygnum Bank to offer its customers access to this market.

This is a measure to ensure that customers have access to a regulated and safe way of trading cryptocurrencies.
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Topic
Board Economics
Re: Is some certain lifestyle a waste of money and time ?
by
rokok lokal
on 07/04/2023, 08:24:54 UTC

Please let me know.

Regarding the balance between socialization and financial responsibility. I think This is a personal choice and comes down to individual values and priorities. While some may see such gatherings as a waste of money and time, others may see them as a way to build and maintain social relationships, which are just as important for personal well-being.

One's financial situation and responsibilities to family before engaging in costly activities. However, the occasional treat and socializing with friends can also benefit your mental health and can provide a break from your daily routine.

It is up to the individual to determine whether or not such a meeting is worthwhile as even if it is carried out the cost may vary depending on location and personal preference.
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Topic
Board Altcoin Discussion
Re: PancakeSwap V3 Migration and I don't see my 7.82 CAKE-BNB LP
by
rokok lokal
on 07/04/2023, 08:19:05 UTC
If you're having trouble finding your CAKE-BNB LP tokens on PancakeSwap V3, it could be because they are staked somewhere else. Check your other wallets or platforms to see if your tokens are there. If you still can't find them, you can reach out to the PancakeSwap team on social media or community forums for help.
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Topic
Board Altcoin Discussion
Re: Future of tokens like Uniswap, Pancakeswap, Sushiswap, Apeswap?
by
rokok lokal
on 07/04/2023, 08:13:17 UTC
I think the future of tokens like Uniswap, Pancakeswap, Sushiswap, Apeswap and others is uncertain, and their recovery to an all-time high in the 2024 bull run is difficult to predict. However, it is important to remember that the cryptocurrency market is highly volatile and can be affected by various factors such as market sentiment, adoption rates, technological advances and regulatory changes.

Although the DeFi 2.0 model may have shown some weaknesses, the development and evolution of the DeFi ecosystem is still ongoing, and this token is at the forefront of that innovation. As such, they can continue to play an important role in the future of decentralized finance.
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Topic
Board Altcoin Discussion
Re: Is Crew3 an effective tool to attract community members ?
by
rokok lokal
on 07/04/2023, 08:09:28 UTC
I think Crew3 can be an effective tool to incentivize potential users to become active members of the community by completing tasks and receiving rewards. However, the success of any tool ultimately depends on how well it is implemented and integrated into the overall community development strategy. It is also important to continue gathering feedback from community members to ensure that the tool meets their needs and expectations.

Whether Crew3 is useful for project owners and most users, it may vary depending on the particular project and community. It will be useful to explore how Crew3 can be customized to meet the unique needs of your community and project.
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Topic
Board Altcoin Discussion
Re: Opinion on Cardano
by
rokok lokal
on 07/04/2023, 08:04:31 UTC
What I know about Cardano is a decentralized blockchain platform that aims to provide a secure and sustainable infrastructure for smart contracts and decentralized applications. It was created by Charles Hoskinson, co-founder of Ethereum, in 2015. Cardano uses a proof of stake consensus mechanism, which is less energy intensive than the proof of work used by other cryptocurrencies.

Cardano has gained popularity among investors and developers alike, as it offers several features that set it apart from other blockchain platforms. This includes its layered architecture, which allows for easier updates and maintenance, and its focus on academic research and peer review to ensure platform security and scalability.

In terms of market performance, Cardano has experienced significant growth in recent years. As of April 2023, it is one of the top ten cryptocurrencies by market cap, with a market cap of over $100 billion USD. Please note that like all cryptocurrencies, Cardano's value is fluid and may fluctuate based on factors such as market demand and adoption. I hope this information was helpful in answering your questions about Cardano.
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Topic
Board Economics
Re: Crypto Clients getting turned down by United Kingdom Banks | PM on other quest
by
rokok lokal
on 06/04/2023, 17:40:21 UTC
With the recent news, UK banks are not accepting any Crypto-associated users and companies to open their bank accounts with them, banks are also freezing the accounts of current users/companies, and those who have accounts already approved, are asking for more and more documentation.

People often forget, or don't read, the terms of service when they deposit their funds into banks. Banks are within the law in most jurisdictions to completely freeze your entire balance and require you to produce all sorts of documents in order to access your funds. They reserve the right to deny the documents and keep you in an cumbersome loop in order access your funds, if not entirely forfeiting your balance for violating of terms of service.

When you trust someone else with your funds, consider yourself to not be the "true" owner of the funds.

Indeed, it's accurate, and it's important to mention that this doesn't imply that individuals should refrain from storing their funds in banks completely. Instead, it underscores the importance of individuals exercising caution and conducting their research when selecting a financial institution and carefully reviewing the terms of service before consenting to prevent potential issues in the future.
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Topic
Board Economics
Re: Rules of Taxes
by
rokok lokal
on 06/04/2023, 17:31:57 UTC
I think the government should also take steps to improve taxpayer compliance, such as increasing public awareness of tax regulations and simplifying the tax reporting process. This can help reduce tax evasion and increase revenue for the government, which can then be used to benefit the rest of society.
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Topic
Board Economics
Re: The beginning of the end for centralized AI?
by
rokok lokal
on 06/04/2023, 17:27:56 UTC
In my opinion, whether the ban is official or not is still a wait and see, it is clear that governments around the world are increasingly concerned about privacy concerns regarding centralized AI. If centralized AI projects like ChatGPT or OpenAI face a ban in other parts of the world, perhaps we could see a rally in decentralized AI projects on the blockchain. This could lead to greater innovation and competition in the industry, as developers work to create more secure and decentralized AI solutions.
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Topic
Board Altcoin Discussion
Re: What makes Binance stay strong despite all FUD ?
by
rokok lokal
on 06/04/2023, 17:19:56 UTC
I think One of the reasons why Binance has been able to stay strong despite all the FUD (fear, uncertainty, and doubt) is because of their anticipation and preparation for regulatory pressures. CZ and their legal team may have been one step ahead of their competitors and regulators by predicting they would face regulatory pressure, and as such, they prepared for it.
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Topic
Board Altcoin Discussion
Re: Best Whitepapers to Read as a Beginner?
by
rokok lokal
on 06/04/2023, 16:40:26 UTC
My opinion is that if someone is categorized as a beginner, it can be difficult to understand the jargon and technical concepts in cryptocurrency whitepapers. Some of the whitepapers that are considered beginner friendly including the original Bitcoin whitepaper, Ethereum whitepaper, and Litecoin whitepaper can be a little hard to understand where this is going.

I think don't be afraid to ask questions and seek clarification, because the cryptocurrency community is often friendly and willing to help. Remember to approach whitepapers with a critical mindset, analyzing a project's potential risks and benefits before investing.
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Topic
Board Altcoin Discussion
Re: Exciting New Token Alert: FTN!
by
rokok lokal
on 06/04/2023, 16:31:36 UTC
The success of cryptocurrencies depends not only on market speculation, but also on their actual use cases and value. Does FTN have a promising future because it has a strong partnership with SoftConstruct and already has real-world use cases in its ecosystem. It is always wise to do some research before investing in any cryptocurrency, but FTNs definitely look like an interesting project to pay attention to.
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Topic
Board Altcoin Discussion
Re: The bear market is your friend
by
rokok lokal
on 06/04/2023, 16:26:42 UTC
My opinion on this is not to fear the bear market in the cryptocurrency market, but rather embrace it as an opportunity to invest in quality tokens and projects that could potentially double in value during the next bull run. This was deemed necessary because Bear markets are always characterized by panic and lies, they also present opportunities for those who are prepared and patient.

However, it is important to do your own research and invest in quality projects that have the potential to recover from a bear market and thrive in the next bull run. Therefore, the bear market can be your friend if you approach it with the right mindset and strategy.
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Topic
Board Altcoin Discussion
Re: Is Doge worth investing?
by
rokok lokal
on 06/04/2023, 16:23:38 UTC
I think Investing in Doge is a matter of personal choice and depends on individual risk tolerance. While Doge has seen significant growth in the past, it is important to consider the potential risk and volatility associated with the cryptocurrency market and it is very important to have a risk management plan in place and avoid investing more than what you can afford to lose.
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Topic
Board Economics
Re: Could Bitcoin one day become the global reserve currency?
by
rokok lokal
on 01/04/2023, 14:56:31 UTC
Bitcoin is a technology that makes our life easier. It does not melt in the face of inflation like fiat currencies. It frees us from the bondage of banks, as it allows us to transfer money without the need for third parties. It has great features.

What do you think about the subject? Can you share some enlightening information for me?

I like this topic  Wink Wink Wink The idea of Bitcoin becoming a global reserve currency is appealing, but there are significant challenges that must be overcome for that to happen. Bitcoin's high energy consumption and volatility, as well as the lack of support from governments or military forces, make it a risky choice for many.

Additionally, the dominance of existing fiat currencies and the political and economic challenges of creating a new global reserve currency make it a difficult proposition. However, the growing popularity and adoption of Bitcoin, as well as the potential for technological advances, means that it cannot be completely discounted as a potential global reserve currency in the future.
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Topic
Board Economics
Re: Is risky to invest this period
by
rokok lokal
on 01/04/2023, 14:51:34 UTC
In my opinion, investment will be at any time risky, the higher the opportunity for profit, the higher the chance for loss, if we don't dare to take risks, our money will run out because expenses will continue to occur and inflation or price increases cannot be stopped, with investment we have the opportunity to get profit.

That's right Investing in any asset carries risks, and during periods of market uncertainty, the risks can be very high. However, it is also important to remember that with risk comes the potential for reward. In order to make the best decision for your personal situation, it is important to do proper research and understand the potential risks and rewards associated with any investment. In addition, it may be wise to diversify your portfolio and avoid investing more than you can afford to lose.

Ultimately, the decision to invest is an individual one and should be based on your investment objectives, risk tolerance and financial situation. By taking a long-term perspective and approaching your investments with care, you can minimize your risks and maximize your potential for success.
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Topic
Board Economics
Re: What will you do if bitcoin crash?
by
rokok lokal
on 01/04/2023, 14:46:23 UTC
If bitcoin crashes today, what will be your fate? Poor or rich. Most people on the platform have submitted all their life savings to bitcoin investment.

So I ask again if bitcoin crashes today what will be your description rich or poor?

If you have a long-term investment horizon and believe in the long-term potential of Bitcoin, it may be worthwhile to hold on to your investment and wait for the market to recover. On the other hand, if you have realized significant returns from your Bitcoin investment, you may want to consider taking profits and reallocating your funds to other assets.

Regarding the possible Bitcoin crash, it is important to stay calm and avoid making hasty decisions based on emotion. Panic selling can often lead to significant losses, and it is important to remember that markets are subject to cyclical trends.

There was once a man in my area who sold his house to invest in a local platform called BARAZAR in 4 months missive the so-called BARAZAR was shot down and now he doesn't have a cottage. So I ask again if bitcoin crashes today what will be your description rich or poor?

This is a cautionary tale about the risks associated with investing in any asset, including cryptocurrency.