Topic: No Bitcoin, No fun for you! (Read 411 times)

Well I think there is something to start with, I think that without Bitcoin there would be no fun for anyone, because Bitcoin is the only currency that has a life of its own, if Bitcoin did not exist I think that there would be no type of cryptocurrency, and it really is the only currency that okay and that it has the potential to even be left alone as the only survivor, when in countries they talk about regulation they include cryptocurrencies, they do this because they do not want to have double work accepting all the altcoins that exist, they know very well that when accepting Bitcoin they must be told yes to the other cryptocurrencies because they are dependent on Bitcoin.

Bitcoin does help in terms of economy for every user. Although I don't think everyone who uses bitcoin is someone who is said to be struggling from an economic perspective, like one of the big investors.
But for me personally too, there have been changes in my life since I first got to know bitcoin. I also believe that many people have been helped here.

Since the existence of bitcoin, many new rich people have sprung up. even this feels for me, even though I haven't got financial freedom, but at least I can buy something which can't be done if I only expect from my salary to work. but since getting to know bitcoin, I feel more alive, especially when bitcoin is experiencing a rally, of course my assets have increased too, and a sense of happiness is felt in my life, even though it is bearish, I am still happy because I can hone psychology, which is also useful for social life

No bitcoin can be said to be unpleasant for me personally and my family, because I am the breadwinner of the family, I used to be depressed because I lost my job, while my dependents are very many, I have to pay for my family's needs, luckily there are friends who give the way to get out of economic problems, even though I don't have much money but with me getting to know bitcoin my family's life has started to improve.

It is true as you said, the presence of bitcoin can make everyone comfortable and can please everyone, especially in my country it is very difficult to get job openings, even though many have graduated from college but many are still unemployed, especially myself who is very foreign to the world. . education. it must be very difficult for me to get a job, with bitcoin so i can earn money and can supplement my family income. If there is no bitcoin maybe until now I am still unemployed, and still a burden on my family.

Not only are they not stupid, but I think they are also very smart to keep up with the pace of life. RUB coins are having bad days, holding them right now people are killing themselves. Bitcoin and cryptos are for everyone rich or poor, so it's great to see bitcoin spreading to every corner of our world.

We didnt even expect that we would really be able to reach this far since bitcoin was something been ignored when it had started but when it do gains some attention and its actual utility had been
proved out then it is gradually getting that recognition which we didnt anticipate for it to happen.It do reaches up its value that we didnt even expect for it to be reached which something proves
out that it does really have that potential or even could really be the main thing on upcoming future.

which means bitcoin is a digital currency that will save you from the economic crisis, from massive inflation, because bitcoin's digital asset is decentralized, no one can fully regulate it.
Those who discovered crypto since its inception may still be very foreign, but nowadays digital cryptocurrencies have become a valuable asset, especially bitcoin. Several countries are starting to adopt bitcoin.
Bitcoin is growing, more and more in demand so it will be good for future digital assets.

Before there has been news of Russia banning bitcoin from their country but it later happened that they never banned it and decided it will stay legal and they also allowed Bitcoin mining in some states in the country.

As of right now, due to how bad the Russian ruble has gotten, it is quite possible that they might decide to change their mind about bitcoin so that they can stop the trend and also try to control everything. But, it is clear on how difficult it is for any government to gain control on bitcoin, because bitcoin is completely out of their zone.

It is a decentralized currency and has no central unit that the government can try to control it from. So, it is going to be impossible for them to really squash the trend. It means when people start adopting bitcoin for their whatever reasons and purposes, the stand of government will go insignificant and that must be the power of p2p things.

They are not stupid indeed, anyone who is really wise at this time would know the right thing to do. Holding a Fiat that is crumbling isn’t a good decision for anyone. It is going to be total loss for anyone that continues to hold a Russian ruble despite how bad that the economy has gotten and how volatile their currency is right now.

So, the girls are making the right decision by switching to bitcoin and accepting it for whatever services that they are offering. As time goes on more and more people in the country will even switch to making use of Bitcoin when they realize how bad that their currency has gotten and how it is a loss for them. Bitcoin will become a huge trend in that country.

When you buy BTC for your fiat you ditch your fiat, that is what happens when you buy any other foreign currency.
When you buy $ with your euro savings you abandon your euros and your trust in it because you think the $ is stronger, same with bitcoin, you don't invest your fiat in BTC unless you believe your fiat equivalent will be worthless, so, you ditch it for BTC.
Be it your life savings or 5$ or the stimulus check, it's still the same.


You're mistaken deeply on this one.
With people like franky1 who are obsessed with being right I simply point out their mistakes and that's done, I don't spend more than two replies with him since I know he can't argue with, with people fixed on one idea I do the same.
But you, you're really interesting because you twist facts not to just be right but at the same time to have your feet in two boats with another one in the middle and try to find an equilibrium.

I just love how your hate for fiat ends when your love for some country starts and despite that fiat being garbage suddenly BTC in that situation is no longer something effective. But at the same time if we change the storyline a bit, suddenly BTC is effective in the said country in order to avoid sanctions put in place by the countries you hate.

So, rather than disagreeing with you, as if you look closer to my last posts from our "confrontation" I never actually expressed my point of view, all I've done is try, maybe in vain, on analyzing your twisted logic, and it's quite a challenge but also pretty funny and entertaining.


vs



No, it's a mirror, but it's a special one, it only works for you!  

Squashing prostitution is similar to squashing a long standing tradition. And in as much as traditions don't get squashed completely but can only be modified to suit modern day life style the same is applicable to prostitution. Been that prostitution at some point is addictive this fellows only have to find a save currency amidst the declining rubies.

They have to discover crypto early since the sanctions surrounding the country limits them to deal with other foreign currencies so to save them from the declining economy and falling currency ditching their rubies for decentralized crypto currencies proof to be their safe haven

I believe this is the topic you are referring to and I don't see usage of the word "ditch", abandon or anything like that. This is a term you used in your opening post not me! I even use the "part of their purchase power" which is clear there is no "ditching fiat" involved!
At this point I'm convinced you are intentionally trying to not-understand my posts at all and just blindly disagree

What are you going on about? My stance is clear:
- All 150 million Russians (or whatever subcategory of Russians you choose like the sex workers) aren't ditching their fiat to buy bitcoin, no matter how much you insist. You are delusional if you think otherwise. It is also clear from bitcoin's lack of price rise.
- A certain number of Russians (I don't know what percentage) are looking to invest part of the fiat currency that has declined in value to keep their purchase power. Exactly as I explained in that other topic. That doesn't mean they are ditching fiat.
- Their investment is in different assets, one of which is bitcoin. It is a small scale but it is good for bitcoin.

None of this means the panic buying of another fiat currency that has a volatile price and wrecks havoc on the economy is justifiable. You seriously need to stop looking at that carrot and learn to see the distinction.

Buying other fiat currencies instead of making an actual investment is definitely irrational. I can't give example from Russia but in my 2020 example there were people who were selling everything they owned including their home to buy dollar which dumped nearly 50% soon after. If that's not irrational I don't know what is.

Isn't this (the opposite) exactly what you said?
In the other topic you disagreed with me that people invest their money in bitcoin (among other things) when there is inflation but in this topic you are saying the opposite and even go further as claiming Russians are ditching fiat and buying bitcoin!

Yes, they are not stupid for such decision to earn something good from crypto investment. Girls are really making a lot of money from crypto than guys these days because some of them have more time on crypto base on what some guys in the community are doing with their money they made from crypto. Looking down on them will not take anything from them than to add more value to their occupation where respected people earn money from in the community.  It is a welcome development, seeing more girls in cryptocurrency which will really help them in future.  

Pretty interesting case of Bitcoin both being viewed as a more stable and strong currency and being a tool for breaking past the Iron Curtain 2.0. But I think the problem of broader adoption will still hold. For an average person who is not good with technology, there will be many barriers, especially in Russia. We are very-very far from Bitcoin having any observable macroeconomic effects on a scale of entire countries. For now its just lone anecdotes.

Except nobody has banned dollars in the US or Euros in the EU!  
And the sex workers elsewhere were already accepting dollars and euros as their currency was useless.
When you have garbage as a currency normally you won't accept garbage, wouldn't you?


There is no hate, one can't hate something that seems so pitiful, what can I hate about Russia's economy?
And about the irrational panic, loooool, when the government bans the purchase of foreign currency when their government forcefully exchanges your deposits in ruble at the rate they want to, what is irrational here?  There is a complete hunt for every single bill of foreign currency in the country and you call it "irrational" ?

But I love how you twist your logic in order to always oppose what you don't like.

On one topic you're saying every single person in the world is ditching their dying currency to invest in BTC to avoid inflation, here in Russia where it seems you have something personal to deal with, no it's not the same, here there is no such panic, nobody ditches the ruble for BTC , actually, there is no inflation at all. Hilarious, every single thing about BTC turns 180 degrees in meaning when it's about some countries like Russia and Iran.

Americans ditching the dollar for BTC!  Good for bitcoin, something any sane person will do!
Russians ditching the ruble for BTC! This is irrational fear and manipulation!
Looooooooool!

Well, I have seen a husband and wife using TiKtok to get gifts for them to go to Telegram Live to have "Live sex" on that platform. They used Twitter Live and Instagram Live before, but Russia was blocked on those services.

There are also a lot of other Russian people doing "Adult" related things on TiKtok for gifts.... from just showing their bare feet to imitating masturbating online. (We live in a weird world, but these people have found a way to make money and they doing it) 

I completely agree. Also the number of people who even know altcoins let alone have any in their pocket for payment is a lot less than the number of people who own bitcoin and are willing to spend it.

These are two different subjects.
1. People in one country ditching their own fiat for something else for their day to day money usage. This is not going to happen, at least in foreseeable future. People may buy bitcoin to have the "alternative" option but they will not ditch their fiat.

2. Countries ditch the US dollar as their reserve currency or international trade currency. This has been happening for some time now with emerging economic superpowers such as China. And US has been speeding it up by increasing the conflict with the rest of the world while sinking its own economy weakening US dollar. Also sanctioning a lot of countries and isolating United States (to some extent) has hastened this.
The choice here is going to be another fiat currency and if bitcoin is used it will be on a very small scale. Bitcoin is still too volatile and has a small market to be used in such a big scale (between countries for import/export).

Choosing altcoin would be risky for the sex workers, it will be a big loss when they bag some of Sexcoin while there will be a bear market.

A popular trader Ray Dalio also has been spreading the word about countries ditching thier own currency because all countries today are printing more and more. Countries that oil exporters also ditch $ for Yuan like the Saudi. It's interesting they pick another currency when they should be choosing BTC.

By that logic other sex workers in other countries have also ditched their respective fiat currencies for cryptos because on same small scale they too accept bitcoin and some shitcoins for their work. In fact they started years ago, not recently!

It looks like your hate of any other country that is not a carrot country has made you naive.

Things are more complicated than that. Right now there is a considerable irrational panic going on in Russia. It is not just in currency exchange market, it is in supermarkets too. Naive brainwashed people are panic buying stuff, and any sane administration should do something when the sheeple are acting this way.
We had the same situation in late 2020 too, it ended with a couple of dozen heart attacks among the same sheeple who were brainwashed into panic exchanging their currency for foreign currency and lost almost half of their investment because the bubble they created popped!

This is not big enough to cause any issues, so the chances of it even getting on the authorities radar is small let alone they want to try anything against it. However, if this were to become big enough to cause issues then it would be a different story.
Another reason is that economy doesn't really care if bitcoin price goes up 50% against Rouble but it will care if other fiat currencies like USD go up 50% against Rouble.