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Topic: Is the Risk worth strengthening our economy ? - page 2. (Read 728 times)

full member
Activity: 280
Merit: 215
This is also been experienced in countries in Africa where kids are put under torture to dig for diamonds leading many to develop a dark mind and giving way for rebel groups what breaks my heart is the level of little children carrying sophisticated fire arms all in the name of surviving or fighting for freedom.
Natural resources are a blessing buy any natural resources that brings and unbalanced situation to the citizens bringing about death or harm can also be regarded as a curse
hero member
Activity: 2898
Merit: 639
I think showing an example would have worked a lot better than just explaining in text form, I know you wanted to also be able to explain while talking so all in all that would require you to write stuff down and memorize it but maybe a video could be a lot better.

Try to show them stuff like crypto kitties for example, or try to show them eosbet, or any token that is precisely for just one dapp or utilization however it is and find a video on youtube for it. When people watch stuff they understand it a lot better because they are literally seeing an example of how it works and if you want to take it a bit further (if the friend is wanting it too of course, don't bother them too much with it Cheesy.) then you can actually do an example, most of these require only a few cents or at worst couple bucks and actually doing it together would teach them even better.
hero member
Activity: 2576
Merit: 582
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This is a good answer to those who claim that the cryptocurrency will soon be ubiquitous or even the only means of payment. It is good to live in a developed industrial center and in an apartment with all the conveniences to fantasize about how a cryptocurrency will quickly spread throughout the world, because everyone wants to use it. Such people are far from real life, which flows in countries of relatively low incomes of the population.
Being a low income earner does not stop any one from using cryptocurrency, I think you are basically looking at cryptocurrency from the aspect of investment and you feel low income earners will not be able to make investment, but cryptocurrency is actually more important than just investment, cryptocurrency has smaller units that can make it every easy for anyone to make payment with no matter how low their income is.

The only barrier I just saw here which the op made mentioned of is that we have lots of people that lacks proper education, and these people keeps giving birth to children also without giving the proper education, and so long this continues, it will be impossible for the technology of cryptocurrency to be globally used.
legendary
Activity: 1526
Merit: 1179
To strengthen an economy, it should start with the leaders and they should stop corruption and focus on improving the status of their countrymen. Now it's easy to say than done and all we can do is to hope that the leaders of our nation's will hear what is needed for their constitutes.
Bitcoin could offer a helping hand in making elections more fair because of its immutable and transparent nature. I am however afraid that these characteristics of Bitcoin are too much of a worry for them.

I'm of believe that you can't possibly stop corruption entirely, but what you can do is reduce corruption where possible. If we work towards that we can actually book some progress.

It would be great to see people pool their efforts on a large scale and demand changes as described above, but I'm afraid that in shaky countries the fear of repercussions from the side of the government makes people refrain from doing it.
full member
Activity: 1106
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We want to made some changes in our economy then it will not in a single person and it needs the community to build the economy more powerful in cryptocurrency field it will be very difficult and hard to make it possible but once it is possible then prepare field is the most strongest ever.
legendary
Activity: 2912
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First, let's not get blinded by the false Bitcoin can solve everything argument.

Child labour took a long time to fix in developed nations... all forms of slavery as well, and they're actually not fully fixed in many countries, just repurposed and repackaged to look better. Indentured servitude in India, that's the step that needs to be addressed first, among many other preceding steps. Education, awareness. Political will.

And along with that starting point, to ask, before we look at worthwhile risks, are we really strengthening the economy? Or merely lining the pockets of certain segments of society?
full member
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To strengthen an economy, it should start with the leaders and they should stop corruption and focus on improving the status of their countrymen. Now it's easy to say than done and all we can do is to hope that the leaders of our nation's will hear what is needed for their constitutes.
sr. member
Activity: 2506
Merit: 368
To strengthening your economy, you need a good leader that will stop all of those hidden and illegal businesses.

It's easier said than done. In most cases a 'bad' leader makes place for one that's just as bad or even worse. At first they present themselves as the people's leader, but when they have what they got, the people suddenly don't mean anything anymore. Self enrichment, that's what they care about and it's so easy to participate in when the rest of the government is already used to these practices.

Also don't forget that the largest corporations within their countries are usually in it as well, and these corporations are where the money is at the end of the day.  Undecided
If no one will going to stand about it then their country will be in bloody chaos for the rest of their lives. Since they were in a shithole already, the people should have to choose which leader is ready to fight for them, a patriotic leader that is ready to face those bigger corporations just to shut them down if needed.

I know it's hard to find a leader like that but it is worth it if they ever find one and i've seen some country leader who does act like that just for the sake of the people on their country.
legendary
Activity: 2170
Merit: 1427
To strengthening your economy, you need a good leader that will stop all of those hidden and illegal businesses.

It's easier said than done. In most cases a 'bad' leader makes place for one that's just as bad or even worse. At first they present themselves as the people's leader, but when they have what they got, the people suddenly don't mean anything anymore. Self enrichment, that's what they care about and it's so easy to participate in when the rest of the government is already used to these practices.

Also don't forget that the largest corporations within their countries are usually in it as well, and these corporations are where the money is at the end of the day.  Undecided
sr. member
Activity: 994
Merit: 302
Unfortunately people got to eat and in many countries kids have to work to augment whatever small income their parents have. I remember one company just outright stopped using mica and switched to an artificial alternative (I believe it was LUSH cosmetics) but even that don't solve anything.

If everyone switched to synthetic then all these kids now don't have money and would be even hungrier. IMHO the solution is to regulate these mines to allow the kids to work in a safer environment as natural mica is slowly phased out and the communities reliant on it are switched to a different industry.
sr. member
Activity: 2506
Merit: 368
This is the problem of a corrupt country/government that need to have a quick resolution before it gets worse. Only your people will and can fix the problem of your own country, i don't if someone from your country turned a blind eye on this or they keep informing the people on what was happening with those kids at a very young age.

And for your question: it's not worth risking the lives of those innocent children just to work because they have no food to eat, it's their parents' job to give them food while they were growing. To strengthening your economy, you need a good leader that will stop all of those hidden and illegal businesses.
member
Activity: 350
Merit: 10
We cannot tell it unless it has been proven. If we talk about risk, it is an action taken inspite of uncertainty. In life sometimes we need to take a risk in order for us to grow. How can we test our strength if its just a word? We can't deny that crypto world is risky, well at first. If only people can adapt it, gradually it will go to what as we assume.
In most cases, I see that crypto-duty is positively affected by the financial condition of many people, but how it affects the economy suggest very difficult. In any case, there will be no practical evidence, then the conversation is practically not what.
member
Activity: 805
Merit: 26
We cannot tell it unless it has been proven. If we talk about risk, it is an action taken inspite of uncertainty. In life sometimes we need to take a risk in order for us to grow. How can we test our strength if its just a word? We can't deny that crypto world is risky, well at first. If only people can adapt it, gradually it will go to what as we assume.
legendary
Activity: 2338
Merit: 1124
I have no idea what this has anything to do with crypto currency though. I mean the OP in his message didn't even tried to tie it with bitcoin or any other currency, he just talked about a sad fact that people are bad and they use little kids to make more profits and they take advantage of poor families in order to make even more profits instead of hiring regular adults to mine mica.

Now, that could be very bad and I understand that we should find a way to stop it but how do you propose we do it with crypto currency somehow? Should we create a mica free crypto somehow?

All cryptos are mica-free, they have nothing to do with it. Do you suggest we open a charity and donate to it so we can help families who send their kids to mica mines and make them take those kids back and pay their money ourselves so kids can go to school? I don't understand how this ties to crypto at all, totally irrelevant.

Sad and something should be done but irrelevant.
legendary
Activity: 1526
Merit: 1179
Many consumers pretend to care but they end up just buying the cheapest product they can get. 
I can't blame them for that. I'm a consumer myself and look to buy that what's cheap and decent of quality. We all are out to shop at places where we can get the most bang for our buck.

I'm sure many do care about the environment and other things related, but not enough to justify buying goods that are more durable and generally more expensive. It's just the way people are.

I wish the world was so fixated on money being everything in life and cared more about helping others and not exploiting. 
You mean not so fixated on money, right? Our lives revolve around it, whether we like it or not, so we do prioritize money over most other things. Without it our life would suck. It's the center of everything.

I'm glad that there are wealthy individuals who do utilize a part of their wealth to finance cancer research, mental illness charities, etc. We all can do it, regardless of how small your donations are. I do it too and it feels good.
hero member
Activity: 1806
Merit: 672
Unfortunately Child Labor is legal in several countries and its a move that a lot of governments has done for their family to earn a living. Not only mica is the only thing the children are harvesting from there are several others as well and one of the biggest industries taking advantage of it are the chocolate producers a lot of African countries goes up to 40% of their workforce being kids under 18 years old being hired by international giants, its their way of cutting the cost down. I know its unethical that you are robbing these kids future but nothing has been done to solve it.
hero member
Activity: 2310
Merit: 886
This is the world we created and product of what they become. That's very sad fact but you have money because others don't have, somehow we both can't have money, one of us must be out of it. There is nothing we can do to change it, that's sad but truth, some people make huge money by their work while they are still poor, we need to give them education but governments prefer uneducated people because such people are easier to control and manage as you wish. Also have you thought about it? Almost everyone knows that condition but does anyone care? Sadly no and 1-2 people can't change the world.
legendary
Activity: 2282
Merit: 1041

What your country needs is a president that has a political will that won't accept bribe from the cronies of those who manages these mines. Mining results to destroying your resources like the mountains, I think the government can absolutely take more money from these mining companies but can still pay regular adults to work for them. India is a rich country, when you look at its culture its way older than Christ. If only the government can follow what China did,  India can prosper way better with its strategic location.
legendary
Activity: 1918
Merit: 1728
Do you think any steps taken by government will actually create difference? Few bunch of government representatives won't change anything until everyone below who are actually executing these steps become clean. We can't expect government to deliver unless we on our own don't stop corruption.

Quote
* Urging the government to give better wages and opening more jobs for them

First thing child labor till the age of 14 is banned in India. So when government can't even restrict such mining fields to recruit children, do you think government can make sure everyone get paid the minimum wage!
 
Quote
*Making sure to not use products containing Mica or at least making sure that they are cruelty free .

How can we forgo a required material which carries such an importance in the economy?

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*Throwing these bribe taking officials in Jail

And who will track whether officials are taking bribes? Some kind of inspectors appointed by government right? And what if these officials further bribe those inspectors? This is vicious circle, we can't expect government to improve something until we improve ourselves.
hero member
Activity: 1120
Merit: 554
Many consumers pretend to care but they end up just buying the cheapest product they can get.  Capitalism's only goal is profit and morals are left behind.  I wish the world was so fixated on money being everything in life and cared more about helping others and not exploiting. 
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