Dear @robertoueti and everyone else reading it :)
I just accidently bumped into your publication. I'm glad I did.
I strongly believe that every aspect of our business and life should be regulated to some certain degree, but all new laws should be well thought through. Unfortunatelly more often than not those who have power to create those regulations do not think about future consequences.
Mentioned example perfectly shows that whoever has been behind those regulations didn't consult it with advisors and didn't think how new laws will affect people and businesses.
rulers want to waste time regulating something that is already being used and works perfectly.
I wouldn't consider it waste of time. I would actually expect more time and effort to be wasted in order to analize possible outcomes of new regulations.
I'm honestly curious what other people would think about this particular topic. I hope you don't mind that I will share this post with few friends.
IMPORTANT: can I ask everyone to avoid going to deeply into "politics" in your comments? :)
Yours
Piotr
No, you cannot ask me to avoid going deeply into politics in my reply. Or, more precisely, you are welcome to ask, but I will not oblige you in this regard :)
Jokes aside, this is an intensely political issue. The whole subject of to what extent government should regulate our lives is inextricably bound up in politics, and individuals will inevitably reply to such questions based upon their political weltanschauung. I am a collectivist, and this colors my reply.
The greatest failures of Socialism have resulted from its historical emphasis on central planning. The greatest successes of Socialism have resulted from its emphasis on central planning. Both of these statements are true. So how then does a modern Socialist respond to questions on the importance of government intrusion into such matters? Fortunately, the dialectic offers some assistance.
The government of France today is headed by an oligarch, a former employee of Rothschild. It is a government which shamelessly favors the rich, at the expense of the workers. Obviously such a government is not to be trusted to regulate commerce, because any legislation introduced by such a government will be slanted to increase and reinforce the inequality of income and wealth distribution.
Therefore, I would absolutely, unequivocally, without hesitation oppose such regulation, not because I think the idea itself is bad, but rather because I am sure it would be badly implemented by such an oligarchical government.
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Excellent comment re the above post. I love your succinct analysis of the successes and failures of socialism.
And you make a fine point about regulation imposed by oligarchs. Of course, they will only initiate regulation that benefits them. That's very clear if we look at history, and shockingly clear if we look at the recent history of the past 3-4 decades.
One point about regulation is that it often stands in the way of making money. A clear case in point is Boeing, with its horrible crashing machine, the 737 Max 8. Boeing took an old plane (to save money), then re-outfitted and altered and mutated it at the expense of safety.
Then, Boeing managed to convince the regulators that they (the regulators) were not capable of understanding all the fine technical aspects of its 737 crashing machine, leaving Boeing to regulate itself.
So, Boeing saved lots of money by jerry-rigging its 737. Its stock price did well, and its executives got great big bonuses.
Oh, and ... over 300 people died as a result.
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Who cares @majes.tytyty? These general public are dying like ants in umpteen numbers, but still profits do matter to them and this factor outweighs than any other thing for that matter!
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But there we have an excellent argument against the regulatory agencies themselves, after all, Boeing was only able to do this, because they managed to buy the fiscals to let them fly with this type of airplane.
In addition, Boeing has lost a lot of money on that, as sales of its planes are falling sharply, and that of its competitors are rising.
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Does it not matter to you that people died as a result of Boeing’s egregious corporate malfeasance? Does that not matter, simply because that’s the way the wonderful free market works?
You imply that just because Boeing is now losing money and market share, that everything is working out as it should. Do you think that is sufficient retribution for the unbridled greed – and unregulated greed – of Boeing’s executives? They were concerned only with their profits, and not with the safety of their passengers. 346 people were killed as a clear and direct result of that reprehensible greed. And their families and friends will suffer the pain of loss for months and years. But thank god for the free market!!!
As for the silly claim that regulatory agencies only lead to regulatory capture, and that therefore there’s no reason to establish regulatory agencies, that’s a silly and baseless argument. If the financial regulators had done their jobs, the banksters and mortgage lenders would not have been able to defraud innocent customers or the taxpayers. And if the airline regulators had done their jobs, 346 dead people would still be alive today.
As for the various tired libertarian claims – such as “government is bad,” “taxation is theft,” “free markets are benevolent,” and “corporatocracy is divine” – a clear and nuanced perspective soon shows that those simplistic ideologies are not always true, and often complete hogwash. Moreover, it shows a horrible misreading and misinterpretation of the works of Adam Smith and Ludwig von Mises.
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I say the same about many lives that is taken out because of regulations. People who doesn’t work because of these kind of view that we need regulations for everything. Besides, in the case of Boeing they had regulations and the problem occours, meaning that this regulation doesn’t work, the same of other kinds of disasters.
The free market kills less people than the regulations.
And your last paragraph, I am sorry, but doesn’t have any kind of point, only falacy.
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You sound very upset @majes.tytyty :/
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Love your comment @majes.tytyty!
There is always some wisdom in it.
Sad reality :(
Yours, Piotr
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Another brilliant feedback @redpossum
You got my full attention right now haha :)
I agree. And yet we can keep it all at "general" level. Without bringing names of politicians or parties we're refering too. Let's just stay safe.
Thank you for sharing your view on that particular topic with me. Appreciate it a lot.
Yours, Piotr
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You gave me an excellent idea of a post on the subject. Mainly speaking in central planning and the fact that you believe in favoring it. Thank you very much. ;)
I am a acnarchocapitalist by the way. Cheers!
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Hi @robertoueti and @crypto.piotr
The text of the opening graphic "The government is always trying to close doors"
Tends to sum up my feeling about the topic that is the governments always think that they want to retain control
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Thanks for being so responsive @thetimetravelerz
Hope we can skype again one day buddy :)
Cheers,
Piotr
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Ya lots to catch up it's been a long time
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The govts around the world do this without caring the utility , pros and cons of the law.
It seriously makes me think who put this guy incharge ?
that I realize it is people like me who do so by sometimes voting for them or sometimes letting them win by not voting for the right person
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People don't vote for people who has a good intentions, they vote for people who have more marketing.
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Yes goverments always trying to close doors, because this underlying elite wants it that way...
There are many examples of this, such as the reduction of cash and the banks even want to get rid of all the cash, just an example of many!
greetings,
@sternblitz
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Hi @sternblitz
Big thx for sharing your opinion. Appreciate your time :)
Enjoy your sunday,
Cheers,
Piotr
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It is impossible to separate political and bureaucratic criteria from regulations.
In my poor judgment, in the administrative dispositions of a public nature, good sense seems to have very little place; that's why we can find the most absurd things.
We should rejoice when there are occasional timely measures
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The problem with regulations is that bureaucrats are always thinking about them, never about people.
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Exactly dear @robertoueti
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Nailed it!!
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Hi dear @robertoueti, hi Piotr.
Just when I was about to start writing, I read this:
Now it is difficult.
I think that there is always that caste of public officials who seek the constant evolution of society by regulating and sensitizing the established norms. Thanks to these initiatives we have been able to advance as a community and as a society
In the sixteenth century people threw their waste through the windows of their homes. There was no sanitary control.
We had to go through epidemics, endemics and pests to realize that a simple regulation of the rules or the construction of aqueducts could have saved lives.
With our society more and more evolved, the regulations are increasingly "refined". It is always easier to make a criticism highlighting the negative aspects of a proposal, without making constructive statements.
But what is true is that the pros and cons of any approach that will affect a mass of people must be evaluated. So if there are committed jobs and productive commercial activities, I think that all that approach should be reformulated.
Thanks for your interesting article.
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I found your comment ...
With our society more and more evolved, the regulations are increasingly "refined".
... very interesting.
I might rephrase it as follows:
If we want to evolve as a society, our regulations will need to be increasingly "refined".
That will be necessary, but very difficult to do.
To leave it to anarchy and chaos and deregulation to sort out is unwise and immature. It's fine for a teen to espouse such movements, but as one grows and matures, one realizes that a bit of regulation is necessary and beneficial.
The trick is, how to do so when it's so difficult? How to do so when leaders might be corrupted or manipulated?
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Perhaps this responsibility is very large and important to be entrusted to people whose lack of human sensitivity prevents them from identifying the true needs of society.
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Regulations are always made up of human beings who are the most flawed point in the system, but even that is not the main point, since creating a regulation for something that is already working properly has no benefit.
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That's true. Most leaders become leaders not because they're qualified or competent, but simply because they thirst for power. Those are exactly the kind of people that should NOT be leading us.
A good leader is truly hard to find.
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But there is no anarchy and chaos in deregulation. Want an example? Markets have no regulations. To open a clothing store does not need regulations. Countries that have less labor regulations are the ones that have more jobs.
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Deregulation can easily and quickly lead to anarchy and chaos. Want an example? The Glass-Steagall act was repealed in 1999. Within 10 years, the US banks and the entire US economy were in chaos, and barely survived. The only reason the criminal banksters and corporate fraudsters survived is cuz they ran to the government for a bailout.
Just goes to show, the banksters and corporations are as evil as the government.
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And logically the state went there and helped them, again.
If you deregulate a certain industry you do not help if some of your players go bankrupt, you let them go bankrupt.
Besides, the Dodd-Frank act is so much better in comparison of Glass-Steagall act.
https://mises.org/wire/why-not-replace-dodd-frank-glass-steagall
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if you analyze the history you will see that all regulations were either made to secure the monopoly or benefit parts of one particular sector over another that there are no lobbies. You commented on the garbage being thrown out the window, but the cities did not have to regulate it, since people started doing it before the regulation. Who did it was the low-income people who had no other way of getting rid of the garbage except in this way.
Regulations coming from the government are totally clueless, since private regulations are much more efficient and less invasive in people's lives.
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I totally agree with you.
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Rulers don't think much before making a rule. Usually they are in hurry to implement it, rather making it relevant. That's why such rules and regulations only create problem for the common people.
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The only thing that they want is to steal the money of the population.
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Yes, they have no other agenda.
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Hey @crypto.ipotr,
Thanks for passing by. You always is welcome to share all my posts that you want.
About the politics in comments totally agree :)
I think that we need regulations too, but not these one made by politics or by the government. I always prefer the regulations made by private corporations like the ISOs and the polices of uses and services written in all the apps. They are very restricted and at the same time small with everything that we need to use.
Here in Brazil we have a lot of that problems, with bureaucrats trying to passing laws that are insane. But not only here, in other countries too. That is why I always have problems with that kind of discussion, when some politcs (right or left) trying to regulate something that is doing well and everybody likes it.
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Dear @robertoueti
Hope you enjoyed received interest and engagement. I've read some quality comments here :)
It was definetly interesting topic, easy to promote :)
Yours
Piotr
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I like these controversial topics, it is good to know the opinion of each one.
Although you ask me not to tie the policy in it, I can not stop thinking about it, because it is the politicians themselves who manipulate the system at their whim, at their convenience, for a few years here the laws have stopped working for the benefit of the community, morality, coexistence and good habits, to benefit the most empowered.
We appreciate this most clearly, when a government manipulates its constitution to extend its presidential term, regardless of the immediate and future consequences that this would cause. In Summary: Venezuela, a lived case of manipulation of laws, statutes, and of the same constitution, only for the benefit of its economic power and social control, without caring about the real needs of the people, making them puppets.
Therefore, I consider a waste of time, regulate something that is already being used and works perfectly, only when it is for the benefit and manipulation of an economic or political power and not for the benefit of the people.
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Love your comments @equipodelta!
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Exactly. The main problem is that the government will always try to talk regular that is best for you, but in the end, he is only thinking in themselves.
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govt are always creating laws that do more harm than good. this may be a general statement but holds good in a lot of cases.
It would be better if governmets take the opinion of people before they create a law
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Dear @crypto.piotr, thank you for inviting me to participate in this conversation.
As I said in my previous comment, if there are no regulations we run the risk of falling into anarchy and that is disastrous for any society. The menmantemante for us in our South America, we have had very bad experiences with our rulers, many specific problems without solutions, electricity, drinking water, health, education, jobs, which leads us to think that it is there for profit and not to serve the citizen.
I agree that whenever a resolution is approved by the government, it is necessary to wait a reasonable time to issue opinions on whether it works or not.
Thank you
Pr EV
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But there is no anarchy in an absence of regulation. There are private regulations that are ALWAYS more consistent and easier to follow than state regulations.
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You are right in that, it may be because those who implement such regulations are directly involved with the project and study the implications in more depth.
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Indeed.
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I fully agree with you that all aspects of life must be regulated to a certain level, in consultation with those involved so as not to affect or partially and totally limit their activities.
I believe that with the accelerated development of technology, governments and their officials are overwhelmed in their regulatory functions, resulting in absurd or useless laws that may restrict basic citizenship rights, such as freedom of movement or the right to work, as described in this post.
Thank you for this invitation to share my opinion on this critical topic.
Yours, Manuel
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Hi @manuelgil64
Big thx for sharing your opinion. Appreciate your time :)
Enjoy your sunday,
Cheers,
Piotr
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Hi @crypto.piotr,
Taking the negativity perspective of the higher institutions into consideration, I just made a simple search as to whether there are any countries who are doing much for the benefit of the general public.
https://www.elle.com/life-love/news/a36652/countries-with-generous-social-benefits/
I don't know the authenticity of this website so any Venerable Steemians who are living in the countries mentioned in the website, please tell us whether their respective countries are taking care of the general public that much and that the info given in the website is 100℅ true.
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Thanks for sharing that link with me @marvyinnovation
What about you? Are you citizen from one of those mentioned countries?
Yours
Piotr
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No @crypto.piotr. I am from India.
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Greetings,
The problems of rules these days is the "Golden Rule"
Whoever has the "Gold" makes the "Rule"
It is ironic though that we follow them.
That is why I believe schools are made to make us follow.
They teach us to follow the rules and the government.
Only very few schools, teach us to harness our talents and creativity to be what we should be.
Regards
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I am totally in favor of schools. so in favor that I believe that people can teach their children at home, if they want
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Nice to hear that
But I believe, like the telephones which evolved to the cell phones of today.
Education in school should also be improved.
The way they teach using black boards and chalk since world War I, in most school, is still being used. Industrial type of teaching where you follow the leader is still the norm.
Those few who adapt like Bill gates, Steve Jobs made it.
Regards
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In wider scale, it is all about power. In 1913 when first central bank was established, few people had 30% of all the world's net worth. To to that (and to keep it that way), you have to have people in every country who will obey and listen and even help you to achieve your goal. Those people are politicians. If you pay them well, (bribery) they will do what you tell them to do. Politicians give ordinary people some kind of feeling that average citizen has a power to change the way of life and quality of citizens by voting. In fact, that's not the case.
Regulations are only the way, that the good ideas to make life better- ideas that people have and are actually doable, can not be realised without a big cut to go into politician's, banker's, and world secret society's pocket.
As @redpossum is saying, we are on the way of oligarchic society. Not just in France. Middle class is getting away. There are rich people and poor people. But poor people do not realise that they are poor, that's the problem. In last few years the prices of electricity, food, telephone and net services....went straight up. But wages didn't. Or did for 2-3%... That is nothing, compared to the rise of the prices. It is hidden inflation, that I ve been talking about for long time. Even here on Steem.
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Another brilliant feedback @worldfinances
Indeed it is all about power. Just like you said.
So few people had 30% but noone had debt, right? And now few people have 90% of it and everyone around is in debt. Is that right?
ps.
Thank you for sharing your view on that particular topic with me. Appreciate it a lot.
We're clearly quite on the same page with judgement of current situation and future progress.
Yours, Piotr
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Right. Debt is a way to keep majority of people on their knees and have them in control. It has always been like that. That's why China is keeping big portion of USA debt, so they can release it if USA does not listen to them. If that happens, US dollar loses value big time.
Hidden inflation is showing up in products we buy. They are getting smaller and smaller, but prices stay the same. But this is just one case. There are many...
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Dear @worldfinances
Isn't situation with China and US like a two sided sword? If US dollar loses value then China biggest customer (US) would be in trouble. And also buying power would decrease.
EU is obviously importing loads of goods from China, but it's still not enough to replace demand from US.
At the same time growth of Chinese economy has been all about construction. Property market has been an engine for all that growth for past few years. And amount of ghost towns being build is only proving that this market is dead already and it's the biggest property market bubble in history of mankind (even prices in 2008 were nothing comparing to current bubble in China).
So it's not like China can do much. Especially if you add growing political unrest and mass arrests of practicioners of falun gong. China is facing tons of challenges and best times for them are already over. Wouldn't you agree?
So now the real question is: if China will enter recession (which may happen) and perhaps property bubble will burst - then how huge of an impact can it have on europe and US. This I would love to understand and be able to "partly predict".
Any view on that issue_
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If China does not produce any more (like some politicians are saying) "let's make stuff at home" ... and I say "please do it already". Than you will see how much Apple phone (or almost any electronic device) really costs (around 10k USD for phone). To have big mouth is really easy, but to do that is like shooting yourself in the foot (or worse).
China can always find buyers. But if USA gets off the trading deal, China has to do so much more in Africa, EU and South America. They are making big trading way between China and Europe (One belt one road). And US wants to cut that trading wave with their military in Iran. But I think that will be almost impossible.
From my point of view, US is in much bigger problem as China. Because China is big, fast, cheap and reliable producing machine. US producing is extremely low, but they have the biggest banking cartels. China has challenges, but not as big as US has. If let's say....world would cancel working and trading with China, that would be devastating for them. But on the other hand, every country would have to find new way to produce HQ things cheaply (or quickly find the cheap and reliable producer nearby - just to get through the crisis). After that countries would have to get a deal about the new trading ways and producing and all these stuff.
Mark my words: Next recession is not going to be for one country or only for Europe or US... Just like recent one, this one will swipe the world, but a lot harder than in 2008. There will be lot of dead people.
My latest blog: https://steemit.com/busy/@worldfinances/bubble-of-debt-largest-we-have-ever-seen-in-the-history-of-the-world
PS: when you will have time you can listen to Greg Manarinno on X22 report.
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I will definetly mark your words @worldfinances
Thank you for this amazing feedback.
Yours, Piotr
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Greetings @crypto.piotr. The rulers are not interested in people, but in their own interests. They are usually in a hurry to implement them, rather than make it relevant. That's why such rules and regulations only create problems for ordinary people
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Institutions try through regular force to society so that they can always win something in return!
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Today I am reminded of the twenty three month old person that had his life support withdrawn by the courts. Its is such actions as this that will bring down our system.
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Indeed.
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What do you think of India banning Bitcoin? even in Australia the Reserve Bank has attacked the Bitcoin and all cryptocurrencies investments.
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Great question @cosmophobia
Do you have any opinion on that topic?
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@crypto.piotr
Ever since Bitcoin fell there has been lots of articles written against Bitcoin and the Cryptocurrencies almost on a daily basis.
Yet despite these attacks the Cryptocurrencies has continued to defied the experts such as RBA Governor Philip Lowe, and many others. On top you have Sigal Mandelker that serves Under Secretary of the Treasury for Terrorism and Financial Intelligence. Sigal Mandelker that alleges that suicide bombers are using Cryptocurrencies to finance their terror against us.
So what do I think about investing in the Crypto Currencies? I have been in Steemit now for over a year and in that time I have invested in the Steem both here and on mine exchange and I have enjoyed it a lot.
I dont like trading but I prefer staking, buying the different currencies and keeping them for a long investment period of time. Because when you buy a currency it never stays the same and it might go down or up. If it go down I buy more the cheaper the better and I dont listen to the fear mongering about a bubble bursting or anything like that.
I also like currencies that give me passive income such as ont, vet,neo,pivx, all of them gives me passive income from the exchange that I use.
Finally I believe that everyone should invest in what ever Crypto Currency they prefer and taking a stake on them bulding it slowly and receiving passive income in return.
Reserve Bank governor Philip Lowe "bitcoin is a 'speculative mania"
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Amazing comment @cosmophobia
Loved reading it. I seriously appreciate your time and effort.
Yours,
Piotr
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@crypto.piotr
Thank you for your support I appreciate it a lot.
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Hi @cosmophobia,
When i searched the net, I came to know that India banned Bitcon for two reasons, one being the transactions are "pseudonymous" and the second one being its prices are volatile. I agree with the second one, but the first reason confused me a lot.
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@marvyinnovation
Thank you for reading my post and for commenting on it.
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Hi there!
In my own point of view, society today is very fast evolving.
To cope with the ever growing conflicts and needs of different groups of interests, I think the government also needs to constantly revise or check its regulations.
Well, it is maybe a time wasting effort, but if for the good of the entire society, then it's worth it.
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I agree that it has to always analyze its regulations, but instead of creating more, try to reduce the current ones, since as society advances, the laws are obsolete.
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Hi there, I followed you, please follow me too so we can be friends here in Steemit community and keep in touch with each other. Thanks!
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Love to see how responsive you are @paulcesna
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Done! ;)
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Hi @paulcesna
Big thx for sharing your opinion. Appreciate your time :)
Enjoy your sunday,
Cheers,
Piotr
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Dear @crypto.piotr, my opinion is that the government don't hear to the citizens and these cause problem and discussions in the countries, like in my country, but I don't want to profundis more about this by respect.
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No government hears the population. They force citizens to follow that law, even if the majority is not in favor.
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Here in our country, there are regulations and/or laws that were passed but sometimes it stops there. Some are implemented but up to a certain point. It will not be monitored until it becomes history. It is election season here in or country and many of the candidates are highlighting what laws they have passed and which ones were approved. I am surprised that there are laws/regulations that are not being followed. I have to agree that some laws were not thought through. They were just passed to add color to the name of these politicians.
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This is one of the main problems of today's society, politicians are only thinking about how they will get more money from the population not thinking that people today already use the products and services and are happy with the result.
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I appreciate for assessments about this topic. I consider that these kind of restrictions make blockchain stronger and bigger. The main idea in Blockchain technology invention is overcoming these obstacles easily. Thank you for this valuable post
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But how can blockchain help solve this problem?
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Do you think those who have power are free? Every Staron has its own problems. Of course, I am against stupid laws. Who does not need anyone and just pour money into the budget. But what output do you see? He is not)
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I believe that governments do not need to regulate a thing that is already working because they are never interested in the population, but in the taxation.
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I respectfully disagree with your desire for centralized regulation @crypto.piotr, because a true free market (through unfettered competition) always regulates itself most effectively. The arguments for and against this are quite involved so we can probably agree to disagree on this point. ^_^
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Dear @jbgarrison72
I respect your view.
However, your definition of true free market is something that would allow "bad players" to abuse such a market. Wouldn't you see that could easily happen?
2017 in crypto was an excellent example of such a free market.
I think as hard as it is - we always need to find a balance between "free" and "regulated".
Yours
Piotr
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Abuse always occurs when you have high demand and low supply. However, due to the free market, companies are adjusting themselves in the best way possible, without the need of a governmental legislation for this. An example today is that we have almost no more ICOs, projects that are serious are using other ways to show their investors that they want something visionary, and this was not done by a government but by private companies.
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The topic (title) or the issue? If accidents happen because people who walk are run over by those on scooters it is time for a change.
This law has nothing to do with wasting time or taking people their jobs away.
Posted using Partiko Android
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The question that should be discussed is, how are you going to be able to solve the problem of electric scooters being that they can not go to the streets as it is more dangerous to the people they use but also can not stand on the sidewalk because they cause problems? If there is another question, are problems between scooters and pedestrians solved when they occur?
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I hope my discussion only skimmed the surface of "politics." ☺
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You are right !
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I think the opposite ;)
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