Quote from: emmybd on May 06, 2024, 04:02:35 AM

Over the past few years inflation has been increasing all over world and with the start of Ukraine war it has even deteriorated. The food prices have been shooting up and it has increased the cost of living and made life especially of the middle class and poor people miserable. In many countries corrupt politicians and elite business community have been using this situation for their own benefits.

I think that is the new normal nowadays. 😅 This is why we need to achieve financial freedom through crypto so that we are not affected by inflation and other manipulation in the society. War for me is another form of manipulation because we all know it is one of the most successful business people aren't aware of.

Quote from: Gurujebs on May 04, 2024, 08:08:28 AM

...
I thought computer and anything that involves automation are going to make our work easier and faster and everyone is happy doing that. Imagine having to use typewriter to do print a large document in 2024, that is going to be ridiculous even though we still have some institutions that use it for some specific work, the future has to be improved.

My only concern is the abuse of this artificial intelligence that are purposely designed to help the humanity and not the other way round. I could remember how people are using AI image and video to do scams and fraud people by impersonating individuals, this is wrong and need to be put to scrutiny.

In this case, we all have to come to terms with one fact - absolutely all technologies for improving life, invented by man, are also used by man to create problems for man ! It sounds strange, but if you check - it is a fact. Which simply must be recognized and accordingly develop some mechanisms to reduce the risks of possible development of negative scenarios

Yeah the only one who can help us in times of emergencies or trouble is ourselves, family, relatives and friends just don't expect something from the government or else you will regret relying on them because for me it is just a bonus if they will provide something. I personally experience that during pandemic with my family given that all that came from local government is all political literally so if you are not a supporter then you will miss the chance to get a help.

Actually, to make a decision between two choices, your present condition is very important. If your parents are financially well off then I believe going for a four years degree would be a better choice. Because having a Bachelor degree is a must, if you want to apply for a good job. If you are financially in a weak position then taking a job will be better.

Quote from: DrBeer on March 20, 2024, 11:55:26 AM

New information about the real problems of the Chinese economy, for thought:

1. As Bloomberg reports:
The total debt of Chinese provinces and municipalities amounted to 66 trillion yuan, or 9.2 trillion dollars in dollar terms.
8 out of 33 provinces in China are currently in a situation where more than 100% of their revenues are needed just to pay interest on debts.
This is unimaginable - in order not to pay off the debt, but simply to pay the interest on it, you need to give away all the income and borrow a little more!

2. MSCI, which calculates various stock market indices, decided to exclude 66 Chinese stocks from its MSCI China index after the Chinese stock market fell by trillions of dollars.
https://www.bloomberg.com/news/articles/2024-02-13/msci-cuts-swath-of-china-firms-showing-how-downtrodden-market-is?srnd=markets-vp

If true that is pretty fucked up. So the question is how reliable is the info.  I could see 2025 as a big shake up Trump gets in and tries to cut China off at the knees .while pivoting to India as a labor source.

Here in my place vote buying starts from $50-$200 for mayors and councilors which makes things gets worst if some nonsense politicians will win a slot in the local government as you have said it's a few days of glory just because of the money but it will take more years to suffer from the effect of that wrong doing.

Quote from: SmartGold01 on April 28, 2024, 10:25:08 AM

Understanding the concept of what they are going to invest is very crucial and necessary otherwise losing one assets is inevitable especially since the market is too volatile, I mean the entire cryptocurrency market is too volatile therefore self study really matter's a lot before one should go into investment.

Yeah exactly because jumping into something we don't know especially in investments is a suicide or some kind of a gambling . And doing that is double the risk of the cryptocurrency's volatile nature. If we are not that sure then I guess better not try or else losing is very possible.

Quote from: Hamza2424 on February 11, 2024, 05:01:38 PM

So what if TRX is cheaper, I was expecting a lot from TRX a long time back but it disappointed me that TRX was able to redevelop itself by their cheap network costs to serve as the core hub of DeFi I know I'm saying too much but it was possible on the same time there was a second option still, TRX could have served as the GameFi hub but it failed.

On the narrative of the ALgorthmic stable coin the TRX ecosystem tried to pull back and unfortunately, they lost it as well in the LUN crisis.

TRX is designed for gaming coins. If compared with ethereum, of course TRX has cheaper gas fees. This is the advantage of using TRX. I prefer transactions using the TRON network rather than ERC20.