How to buy Bitcoin in South Africa ( Legally ) - Step by
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How to Invest in Bitcoin in South Africa? - Youth Village
Forex Trading in Kenya.
Someone posted on here a few days ago asking about forex and forex trading in Kenya, I have gone through the responses and clearly, most people don’t have an idea. It is 3am in the morning and am in a good mood so let me make this post. This will be a comprehensive and lengthy post so grab a pen and paper and sit down. We’ll be here a while. FIRST OF ALL, who am I..? I am a forex trader, in Nairobi, Kenya..i have been actively involved in forex since I found out about it in Feb 2016 when I somehow ended up in a wealth creation seminar (lol) in pride inn Westlands, the one close to Mpaka Rd. Luckily for me, it was not one of those AIM global meetings or I’d be on Facebook selling God knows what those guys sell. I did not take it seriously till August of the same year and I have been active ever since. I don’t teach, mentor or sell a course or signals, I trade my own money. I am also posting from a throwaway account because I don’t want KRA on my ass. What the fuck is forex and forex trading. In simple plain English, forex is like the stock market but for currencies. Stock Market = Shares, forex = currencies. If you want more in-depth explanation, google is your friend. These currencies are pegged on specific countries, united states- dollar, UK- pound, euro zone- euro, Switzerland- Swiss franc, Kenya- Kenya shilling.. you get the point. Now, there are specific events and happenings between these economies that affect the movement and values of the currencies, driving their value (purchasing power up and down). Forex trading exploits these movements to make money. When the value is going up, we buy and vice versa (down –sell) Is forex trading illegal in Kenya? Is it a scam? Illegal, no. scam, no. All the banks in the world do it (KCB made about 4 billion from trading forex in 2019) Have there been scams involving forex in Kenya? Yes. Here is one that happened recently. This one is the most infamous one yet. Best believe that this is not the end of these type of scams because the stupidity, greed and gullibility of human beings is unfathomable. However, by the end of this post, I hope you won’t fall for such silliness. What next how do I make it work..? Am glad you asked. Generally, there are two ways to go about it. One, you teach yourself. This is the equivalent of stealing our dad’s car and hoping that the pedal you hit is the brake and not the accelerator. It is the route I took, it is the most rewarding and a huge ego boost when you finally make it on your own. Typically, this involves scouring the internet for hours upon hours going down rabbit holes, thinking you have made it telling all your friends how you will be a millionaire then losing all your money. Some people do not have the stomach for that. The second route is more practical, structured and smarter. First Learn the basics. There is a free online forex course at www.babypips.com/learn/forex this is merely an introductory course. Basically it is learning the parts of a car before they let you inside the car. Second, start building your strategy. By the time you are done with the babypips, you will have a feel of what the forex market is, what interests you, etc. Tip..Babypips has a lot of garbage. It is good for introductory purposes but not good for much else, pick whatever stick to you or jumps at you the first time. Nonsense like indicators should be ignored. The next step is now the most important. Developing the skill and building your strategy. As a beginner, you want to exhaust your naivety before jumping into the more advanced stuff. Eg can you identify a trend, what is a pair, what is position sizing, what is metatrader 4 and how to operate it, what news is good for a currency, when can I trade, what are the different trading sessions, what is technical analysis, what is market sentiment, what are bullish conditions what is emotion management, how does my psychology affect my trading (more on this later) an I a swing, scalper or day trader etc Mentors and forex courses.. you have probably seen people advertising how they can teach and mentor you on how to trade forex and charging so much money for it. Somehow it seems that these people are focused on the teaching than the trading. Weird, right..? Truth is trading is hard, teaching not quite. A common saying in the industry is “Those who can’t trade, teach” you want to avoid all these gurus on Facebook and Instagram, some are legit but most are not. Sifting the wheat from the chaff is hard but I did that for you. The info is available online on YouTube, telegram channels etc. am not saying not to spend money on a course, if you find a mentor whose style resonates with you and the course is reasonably priced, please, go ahead and buy..it will cut your learning curve in half. People are different. What worked for me might not work for you. Here are some nice YouTube channels to watch. These guys are legit..
After a short period of time, you will be able to sniff out bs teachers with relative ease. You will also discover some of your own and expand the list. Two tips, start with the oldest videos first and whichever of these resonates with you, stick with till the wheels fall off. How long will it take until things start making sense Give yourself time to grow and learn. This is all new to you and you are allowed to make mistakes, to fail and discover yourself. Realistically, depending on the effort you put in, you will not start seeing results until after 6 months. Could take longeshorter so there is no guarantee. Social media, Mentality, Psychology and Books Online, forex trading might not have the best reputation online because it takes hard work and scammers and gurus give it a bad name. However, try to not get sucked into the Instagram trader lifestyle as it is nowhere close to what the reality is. You will not make millions tomorrow or the day after, you might never even make it in this market. But that is the reality of life. Nothing is promised, nothing is guaranteed. Your mentality, beliefs and ego will be challenged in this market. You will learn things that will make you blood boil, you will ask yourself daily, how is this possible, why don’t they teach this in school..bla bla bla..it will be hard but growth is painful, if it wasn’t we’d all be billionaires. Take a break, take a walk, drink a glass of whatever you like or roll one..detox. Chill with your girl (or man) Gradually you will develop mental toughness that will set you up for life. Personally, I sorta ditched religion and picked up stoicism. Whatever works for you. Psychology, this is unfortunately one of the most neglected aspects of your personal development in this journey. Do you believe in yourself? Can you stand by your convictions when everyone is against you? Can you get up every day uncertain of the future? There will be moments where you will question yourself, am I even doing the right thing? the right way? It is normal and essential for your growth. People who played competitive sports have a natural advantage here. Remember the game is first won in your head then on the pitch. Books: ironically, books that helped me the most were the mindset books, Think and grow rich, trading for a living, 4 hour work week, the monk who sold his Ferrari..just google mindset and psychology books, most trading books are garbage. Watch and listen to people who have made it in the investing business. Ray Dalio, warren, Bill Ackman and Carl Icahn. This is turning out to be lengthier than I anticipated so I’ll try to be brief for the remaining parts. Brokers You will need to open up an account with a broker. Get a broker who is regulated. Australian ones (IC Market and Pepperstone) are both legit, reliable and regulated. Do your research. I’d avoid local ones because I’ve heard stories of wide spreads and liquidity problems. International brokers have never failed me. There are plenty brokers, there is no one size fits all recommendation. If it ain’t broke..don’t fix it. Money transfer. All brokers accept wire transfers, you might need to call your bank to authorize that, avoid Equity bank. Stanchart and Stanbic are alright. Large withdrawals $10k+ you will have to call them prior. Get Skrill and Neteller if you don’t like banks like me, set up a Bitcoin wallet for faster withdrawals, (Payoneer and Paypal are accepted by some brokers, just check with them.) How much money can I make..? I hate this question because people have perceived ceilings of income in their minds, eg 1 million ksh is too much to make per month or 10,000ksh is too little. Instead, work backwards. What % return did I make this month/ on this trade. Safaricom made 19.5% last year, if you make 20% you have outperformed them. If you reach of consistency where you can make x% per month on whatever money you have, then there are no limits to how much you can make. How much money do I need to start with..? Zero. You have all the resources above, go forth. There are brokers who provide free bonuses and withdraw-able profits. However, to make a fulltime income you will need some serious cash. Generally, 50,000 kes. You can start lower or higher but if you need say 20k to live comfortably and that is a 10% return per month, then you can do the math on how big your account should be. Of course things like compound interest come into play but that is dependent on your skill level. I have seen people do spectacular things with very little funds. Taxes..? Talk to a lawyer or an accountant. I am neither. Family? Friends? Unfortunately, people will not understand why you spend hundreds of hours watching strangers on the internet so it is best to keep it from them. Eventually you will make it work and they will come to your corner talking about how they always knew you’d make it. The journey will be lonely, make some trading buddies along the way. You’d be surprised at how easy it is when people are united by their circumstances (and stupidity) I have guys who are my bros from South Africa and Lebanon who I have never met but we came up together and are now homies. Join forums, ask questions and grow. That is the only way to learn. Ideally, a group of 5-10 friends committed to learning and growth is the best model. Pushing each other to grow and discovering together. Forex is real and you can do amazing things with it. It is not a get rich quick scheme. If you want a quick guaranteed income, get a job. And now it is 5am, fuck. This is oversimplified and leaves out many many aspects. Happy to answer any questions.
As promised for a long time now, here's a breakdown mod actions in the past 2 weeks. I've previously done summaries for longer periods, but as it takes a few minutes to resolve each action, i limited the list to 1000 which corresponds to 2 weeks. The time period is roughly between the evenings of 28 April and 12 May. I'm still busy with the details of the link and post removals. I've been working on this for 2 days now, so it'll take me until the weekend to get through them all. I haven't published the referenced addendum yet.
There were 8 permabans:
01HanDen for spam, posting affiliate links for a pyramid scheme
nice-scores for being an annoying bot. We don't mind bots much, but when they start attracting lots of reports we ban them.
There were a few temporary bans. These are usually issued when users ignore multiple requests or warnings about our rules. These are issued in increments of days. It would be useful to issue one for an hour or two, rather than the minimum of 1 day. Temp bans for abusive language:
Abusive language has been challenged before with accusations of it being anything from "not a school playground" to "1984-era doublethink". It's not acceptable to insult a stranger you're having a conversation with in public, then it's not acceptable to do so here. Temp bans for misleading content:
peachykeenmean for Threatening, harassing, or inciting violence. Stalking a user, and sending all kinds of weird messages to them. We don't generally get involved in lover's quarrals, but the messages were getting ridiculous.
For anyone thinking that we ban whomever our ANC masters tell us to....tell them that I haven't received my kickbacks yet.
Beyond the temporary bans coming to an end, there was one permanent ban that was removed, and that was for justluckyme2 who was incorrectly given a permaban, but a temp ban was intended. That was quickly corrected.
Mark submission as spam
This is an action that we use to help train the spam filters. Sometimes we remove spam posts when we should be marking them as spam - which removes the submission as well.
These are sometimes accompanied with bans. We love hearing about everyone's businesses or side hustles, as long as they don't violate reddit's TOS. If you want to but are unsure, send us a modmail. We'll typically direct you to https://www.redditinc.com/advertising
You might need to use a service like snew to view these.
As a part of reddit and our own spam and abuse protection, posts are sometimes caught incorrectly. There are many reasons why a post is incorrectly removed. We aren't told the exact reason for these removals by reddit's spam filters and AutoModerator. While we have our own custom AutoModerator rules (That remove posts to known fake news sites, or flag comments that have some slurs), reddit has their own super-set of AutoMod rules we can't see. If you can't see your post appearing when looking at the new queue in another browser, then send us a message. We often go through the mod queue which lists removed posts, but might not get to every one. There were 91 posts approved by moderators. I'll list them in the addendum.
For a similar reason, comments are caught in a filter of sorts. We then approve the comment - if they were incorrectly caught - or confirm removal - if they were correctly caught. There were 141 comments approved by moderators. I'll list them in the addendum.
The very meaning of censorship! No-one likes their content being removed, but we remove posts that don't comply with the sub rules. There were 346 posts in total removed. 196 of these were removed by AutoModerator for varying reasons. 91 were manually approved by us, a few were confirmed as being spam, but a lot were left as removed. Ideally we should have confirmed removal or approved each of them. Sorry if yours slipped through the cracks. That leaves 150 posts that were removed by moderators. I'm doing a detailed report on these, so check back later.
You're censoring my views! Comments are generally moderated less than submissions. A post about a vacation in Thailand - for example - might not be relevant, but having a discussion about your Thai vacation in comments is just fine. There were 302 comments removed. 188 were removed by AutoMod, leaving 113 comments being removed by mods. I'm doing a detailed report on these, so check back later.
Occasionally someone selects the wrong flair for their post and moderators correct it. There were a few posts whose flair was changed by us:
A moderator can distinguish their comment to appear different to other comments. We normally use them when acting in capacity as a mod, rather than in our own personal capacities (yes, it's possible for these to be distinct). Public removal reasons are distinguished, stickied comments. See addendum for the full list. There are two ways to provide feedback to why a comment or post was removed. Via a comment, or via modmail. Myself and lengau often do public comments, while other mods send messages. You'll see that some are removed or deleted, because the request (translation, source, etc) was fulfilled.
Lock post or comment
This allows moderators to prevent comments being added to a post or replies made to a comment. There were no locked posts and a few locked comments. All locked comments were some of the distinguished comments listed in the previous section.
This is a feature in modmail - a common messaging system viewable by all mods - that allows communication from a user to be blocked for two days. If we ban a user, there's nothing stopping them from sending us love letters, like the one listed previously. They are often done to stop abusive message being thrown our way for a few days. There were 6 mutes. 3 resulting from permabans, 2 from temporary bans and 1 from a post removal. Honestly, if we make a mistake with a ban or a removal, don't attack us. Chat with us.
But how can I trust that the data is correct? lovethebacon is clearly a paid ANC agent.
The other mods can verify this information. Use services like snew or removeddit to view removals. And can someone please tell Paul Mashatile that I haven't received my paycheck....ever. It's worth nothing that different mods have different moderation styles. We don't have a fixed set of guidelines on what should be done in what circumstances, but it's up to each mod to do what they think is best for the sub. If any decision made by the mods should be reversed, let us know, here or in modmail.
https://federationofglobalmerchants.com/2020/08/14/gold-and-silver-where-do-they-go-from-here/ Investors know by now that one of the leading indicators of an unstable and unpredictable stock market is a surge in the price of precious metals like gold and silver. In February, amidst the COVID-19 pandemic, the markets officially entered a recession, even though just months later several of the major indices have reached all-time highs. It was a brief dip into recessionary territory, but this sort of volatility is what gives investors hesitation in putting their money into the stock market, rather than something that is perceived to be more stable. Gold future contracts are selling well above $2000 per ounce for the rest of 2020 and well into 2021 as well showing that investors are confident that gold will continue to rise in price. Silver is also surging reaching new all-time highs on a daily basis. So investors may be curious as to how to get into this red-hot market, especially as the markets continue to fluctuate. Gold: For centuries now gold has been literally the ‘gold-standard’ of currency and wealth. Dating back all the way to around 40,000 B.C. in Spanish caves, gold is a naturally occurring element that has both fascinated and lured people for as long as barter systems and wealth has been recorded. Currently, gold is enjoying its highest valuations in history as investors flock to the stability of the precious metal through various streams. So what is the allure of gold and why is it so stable? Warren Buffett once said, “Gold is a way of going long on fear.” That is quite a statement from perhaps the greatest investment mind of our generation. But what does this mean for the novice investor? Even the most successful blue-chip stocks can crash. Obviously the more prominent and profitable companies with mega market caps will not crash as easily as smaller companies, but given the volatility of the pandemic, we can see anything happen. But as stock markets fluctuate on a daily basis, the price of gold remains mostly stoic. Not as manipulatable as stock prices, gold is as steady as it gets for investors. What makes gold so stable? It is a combination of factors, first and foremost, it is a physical and tangible element which makes it possible for people to store and stockpile. It does not corrode or wear down over time, making it durable and ensuring that the value remains. There is also a finite supply of it in the world. This reinforces that it will always keep a certain level of valuation as the supply is kept in check. Today, as the Federal Reserve tries desperately to pump money into the American economy to stave off a global recession and keep companies afloat. Printing more American dollars helps in the interim, but it is a temporary band-aid for the bigger problem. As more of the dollar gets created the more it gets devalued as a form of currency. This is another reason why gold is skyrocketing. The two valuations always work inversely to each other, so as the greenback continues to plummet, the price of gold will continue to surge which makes perfect sense if one thinks about it. The value of gold is priced in American dollars per ounce, so if the value of an American dollar retreats, the cost of gold will rise in response. So how can investors take advantage of the current state of gold? In the age of internet investing, there are plenty of ways to invest in gold or anything in that matter. Most American platforms give inventors the ability to buy fractional shares of companies. While this comes in handy for expensive stocks like Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), or Tesla (NASDAQ:TSLA), it also allows investors to diversify their funds across multiple companies to form a basket approach to an industry. There are also plenty of ETFs or Exchange Traded Funds, available for investors to consider. These funds have the diversification of a mutual fund or index fund, but trade like individual stocks. Here’s a few of the better gold ETFs to consider if you are looking to get into the industry:
IAU – iShares Gold Trust: One of the better known gold ETFs out there, iSHARES is a reputable brand with great overall market performance. The fund has returned over 17% to inventors already this year, and with the price of gold projected to continue to rise, this fund should keep delivering for investors into next year.
DGL – Invesco DB Gold Fund: Another well known and reputable ETF, the Invesco Gold Fund has slightly higher fees than iSHARES but has also had a slightly better return so far this year.
IAUF – iShares Gold Strategy ETF: Another iSHARES ETF, this one has parts of IAU, as well as gold futures contracts, to get a long term forecast of the price of gold so the investor gets exposure to a wider range of gold options.
There are dozens of other ETFs available for investors that cover everything from miners to the finished products. Mining company stocks are another great way to get exposure. As the demand for gold increases, these mining companies should see a rise in their revenues and eventually, their profits as well. These changes will be reflected in their stock prices and we have already seen some of this already this year.
ABX – Barrick Gold: One of the largest gold mining companies in the world, this Canadian company has seen healthy gains in their stock price so far in 2020. Over the last 52 weeks, Barrick investors have enjoyed a 131% increase in stock price. With mining projects ongoing in Canada, America, Australia, South America, and Africa, Barrick has already announced that it is on track to achieve guidance this year despite closures from COVID-19.
FNV – Franco-Nevada Gold: This stock price rose almost 15% in July alone. Franco-Nevada operates as a funding company to gold mining companies, rather than actually doing the mining themselves. Sustainalytics, a guidance and analysis company, rated Franco-Nevada number one amongst 104 precious metal companies.
NEM – Newmont Goldcorp: The largest gold stock by market-cap and the only stock to trade on the S&P 500, Newmont is probably the safest company for gold investors to invest in. On top of steady returns and low volatility in the stock price, the company pays a fairly healthy dividend as well.
With gold at all-time highs, we can begin to question how high the precious metal may go. With a second wave of the coronavirus making its way around some parts of the world, and America, still making its way through their initial wave, the uncertainty that exists in today’s markets may continue into 2021. Some Wall Street analysts have forecast gold to rise as high as $10,000 per ounce, but that seems like a little ambitious. Gold has just recently hit all-time highs at $2000 per ounce and to imagine that it can run up another 500% in the next few years seems far-fetched at this point in time. That would require the markets to enter an extended bear-market, which of course is possible after a decade of a bullish run, but it would also require the American dollar to continue to be further devalued. Gold is pegged to continue to rise for the rest of this year though and well into 2021. That means investors and analysts are foreseeing a further devaluation of the American greenback as well as continued volatility in the markets and economy. Is gold a safe haven? Some people believe it is, but if you are an investor that enjoys high returns over long periods of time, investing in precious metals may not be for you. Investors love the stability of gold but the returns are never astronomical, with the last few months being an exception. It helps to have a portion of your portfolio dedicated to precious metals to diversify and protect you from any sudden market corrections, but investors should not be looking at gold as a short-term way to get wealthy. Silver: The other precious metal that has been flying sky-high of recent months is silver, the eternal younger brother to gold. Mined from silver-ore, it is a highly malleable metal that was once valued higher than gold by the Ancient Egyptians. Today, it is relatively low in price per ounce compared to gold, reaching all-time highs recently of just under $30 per ounce. Silver is another stable alternative to gold, and at lower prices, it may be a little more affordable for the novice investor to jump into. Like with gold, silver has an inverse relationship to the American dollar, and to all currencies in general. Again, this is another reason why silver is hitting all-time highs right now, with silver future contracts predicting a steady rise to mirror gold, well into 2021. There is also something that Wall Street calls the gold silver ratio, which is exactly what it sounds like: the ratio of the price of gold per ounce to the price of silver per ounce. This ratio has historically moved together, which makes logical sense if both precious metals are independently moving inverse to paper currencies. Historically, the gold and silver prices do move together though as the general ratio has been in the range of 17:1 to 20:1. Silver also has numerous ways for investors to get involved in, including silver mining and production companies, as well as the ever popular silver ETFs. These Exchange Traded Funds have gained popularity amongst retail investors in recent years as a way of purchasing a diversified product as a single equity with low costs, and no trading fees if your platform allows it. Here are a few of the better performing silver ETFs that investors can look into adding to their portfolios if they are interested in the precious metal:
SLV – iShares Silver Trust: Probably one of the better known silver ETFs, this is fully backed by silver bullion and coins held in a vault. While usually fairly steady, this ETF has enjoyed a 52-week increase of 152% with much of that coming in the last few months.
SIVR – Aberdeen Standard Physical Silver Shares ETF: Very similar to SLV but with lower fees, this is an ideal fund for novice and experienced investors to get into as they start to diversify their portfolios.
DBS – Invesco DB Silver Fund: Again another stable ETF for investors to get into, and another good performing one as well. Just as with their gold ETF, Invsco focuses on silver futures contracts for this fund, so it is a nice long-term play if investors are bullish on silver.
Just as with gold, investors can get a slice of the silver pie by buying shares of silver mining companies as well. Here are a few of the top silver mining company stocks that investors can look into adding to their portfolios.
PAAS – Pan American Silver Corp.: This Canada based miner is focussed on the exploration, development, extraction, refining, processing, and reclamation of silver. They operate mines in Peru, Mexico, Bolivia, and are developing more as well for the future.
WPM – Wheaton Precious Metals: Another Canadian based company that deals with miners of gold, silver, palladium, and cobalt. Wheaton is not a direct miner, rather they purchase these precious metals from other mining companies.
AG – First Majestic Silver Corp.: Canadian companies seem to be dominating the silver industry, and First Majestic is another of those. This company focuses mainly in Mexico for gold and silver.
Silver may never be as popular as gold for investors to keep track of but the two precious metals move in a synchronized fashion, and both are looked upon by investors as safe havens for their money when the market is in flux. The rest of 2020 seems like a wildcard right now, with many analysts expecting a further correction to the markets at any point. There seems to be an inevitability to a market crash of some sort, whether it is as big as the one that happened back in February and March, remains to be seen. Investors are looking at the precious metal industry to hold their funds to wait out any sort of correction or crash. If this does happen, we may expect a pullback in precious metals too as investors selloff to get back into some stocks at their low levels. Such is the ebb and flow of the economy during turbulent times like the current one we are in. At the same time, what if a market correction does not happen? Will the uncertainty continue or will investors feel relatively secure in the way the markets are progressing? This could cause a reduction in the demand for silver and gold, culminating in lower prices in the future. Of course this also depends on the Federal Reserve diminishing their rate of printing paper currency to bailout the economy, which does not seem like a reality in the short-term at least. Another point of contention for investors is the ongoing economical and political tensions between China and America. The two world powers have been feuding for the past couple of months over various things, but it escalated as China social media app Tik Tok gained popularity in North America. It was alleged that TikTok was sending data and information from mobile phones back to China, though nobody is sure of their intended use of this data. Regardless, the markets have stumbled several times lately because of this. Both sides have threatened economic sanctions and the banning of certain product use in each country. The prices of silver and gold have shot up as the tensions have escalated between the two governments, as investors flock to the precious metals. Many of the biggest companies on the major stock indices rely on China for materials or production, so any sort of breakdown in supply chains could cause an enormous change to their stock prices. An example of this is a sudden 5% correction in the price of Apple (NASDAQ:AAPL), as it was thought that iPhone sales would decline if China’s chat platform WeChat was banned in America. There are other factors that may have an effect on gold and silver prices as well. In this modern economy, many of the retail investors have trended towards younger adults with a sudden influx of income. Popular platforms such as Robinhood combined with increased time at home during the quarantine, have caused retail investor usage to skyrocket during the pandemic. Many of these investors are more lured in by the shiny new objects of cryptocurrencies like Bitcoin. Perhaps we will start thinking of these cryptocurrencies as a modern day version of precious metals one day, as many investors and some analysts, believe that Bitcoin may be a safe haven in the future. Already, the price of Bitcoin has risen above $12,000 in August, mirroring the highs of gold and silver. If the demand for Bitcoin rises higher than the demand for precious metals, we may see an investor migration to cryptocurrencies rather than tangible metals. Conclusion: Gold and silver are staples of our global economy, and will continue to be so as long as the demand for precious metals exists. In times of uncertainty, gold and silver are viewed as safe relative to the volatility of the stock market. Sure, their prices can vary as well, but because they are tied to a less dynamic valuation that is based on an inverse relation to paper currency, their prices will not and can not fluctuate as much as the liquidity of individual stocks. As long as the world remains in flux, there will be a general feeling of instability, especially for global markets. A second wave of COVID-19 in the third or fourth quarter of 2020 could prove to be enough to push the markets over the edge and into another recession. The bull market has been rallying for over a decade now, with astronomical gains over the last few years, especially for sectors like the big tech FAANG stocks. Another factor to consider is what a Biden government could bring to the world if he is elected over President Donald Trump in October. A new government could ease some of the tensions with China, as well as within America itself. These are all big what ifs, and could all have potential impacts on the economy and the world. As long as all of these factors are up in the air, investors will be looking to gold and silver as ways of stabilizing their portfolios and protecting their finances from a potential market crash in the future.
Ought to you jump in and begin using your onerous-mined bitcoins within the markets? Find out the risks and advantages initial.KEY TAKEAWAYS The market is devoted to trading in the globe's currencies. https://preview.redd.it/u8gle9a0m4f51.jpg?width=770&format=pjpg&auto=webp&s=9368e9fe9613884fb4fd0c86fb716e50319f2d53 Many brokers currently settle for bitcoin and different cryptocurrencies. Bitcoin trades benefit from the anonymity and decentralized valuation system the currency represents. They add a replacement layer of risk trading, exacerbated by the acute volatilityStandard Forex Trade Before you think about whether to trade using bitcoin, it's helpful to understand how a standaroretrade works. A forex trade is simply an exchange of 1 currency for an additional at its current rate. Unlike tourists who exchange their home currency for local spending cash, forex traders are trying to form cash off the continual fluctuations in the real value of 1 currency against anothe
Imagine you're an American trader betting that the British pound can lose price compared to the U.S. dollar. This is termed trading on the British pound/U.S. dollar currency pair (GBP/USD).The Impact of Decentralization The key distinction is that, though forex exchanges would possibly be decentralized, the currencies themselves are backed by central banks in the countries that issue them. It's the duty of those banks to stabilize the value of their currencies and keep them stable Now think about an example of a forex trade using bitcoin. First, you open a forex trading account with a broker who accepts bitcoins. These embody AvaTrade,one? eToro, and LiteForex.a pair of? You then transfer 2 bitcoins from your digital wallet to the forex broker’s digital wallet. If you wish to trade using bitcoin, use only a locally regulated forex brokerage. And avoid using leverage till you know what you are doing. Assuming the present bitcoin to U.S. dollar rate is 1 bitcoin = $seven,500, your deposit of two bitcoins is value $fifteen,00zero. Now, assume that you would like to require an edge in British pounds. If the exchange rate is £zero.five = $one, you may receive £7,500. When it rate changes to 0.45, and you square off your position t.sixty five in your trading account. You have got made a tidy eleven.elevenpercent profit and you're prepared to cash out. Despite the very fact that your bet on British pounds earned you an eleven.11% profit (from $fifteen,00zero to $16,66six.65), the fluctuation in the bitcoin to U.S. dollar rate suggests that that you sustain a loss of zero.039 bitcoin or about -two.percent. (Initial deposit of 2 bitcoins — 1.961 bitcoins = .039 bitcoin). However, had the bitcoin to U.S. greenback exchange rate changed to 1 bitcoin = $7,000, you'd realize a benefit from both the forex trade and the bitcoin exchange. You'd have received ($16,66half dozen.65/$7,00zero) = two.381 bitcoins, a profit of nineteen.onepercent. Increased Unpredictability This hypothetical example illustrates the large reason to exercise caution when using digital currencies for forex trading. Even the most fashionable and widely used cryptocurrency, the bitcoin, is highly volatile compared to most traditional currencies. Within the year ending July 24, 20twenty, the value of a bitcoin ranged from $five,532 to $eleven,982 This unpredictability means that that the risks associated with trading forex using bitcoin are that abundant larger Beyond the exchange rate fluctuations impacting profit and loss, there are other edges and risks to consider before trading forex with bitcoin Decentralized Vauations: A major advantage of trading forex with the bitcoin is that the bitcoin isn't tied to a central bank. Digital currencies are free from central geopolitical influence and from macroeconomic issues like country-specific inflation or interest rates. High Leverage: Many forex brokers offer leverage for bitcoin trades. Experienced traders can use this to their profit. However, such high margins ought to also be approached with great caution as they amplify the potential for losses. Low Deposit Amount: A trader can begin with as little as $twenty five with some bitcoin forex trading firms. A few forex trading companies have even offered promotions sort of a matching deposit quantity. Traders ought to check that the broker is legitimate and appropriately regulated. Low Cost of Trading: Most forex brokers that settle for cryptocurrency are keeping brokerage costs terribly low to attract new shoppers. Security: You don’t would like to reveal your bank account or mastercard details to make a bitcoin transaction. This could be a massive advantage in terms of price and monetary security. No World Boundaries: Bitcoin transactions don't have any international boundaries. A trader primarily based in South Africa can trade forex through a broker based mostly within the United Kingdom. Regulatory challenges could stay a concern, however if both traders and brokers are willing to transact, there aren't any geographical boundaries. Risks of Trading Forex with Bitcoin Different Exchange Rates: Bitcoin trades on multiple exchanges and exchange rates vary. Traders must guarantee they understand that bitcoin exchange rates the forex broker can be using. U.S. Dollar Rate Risk: While receiving bitcoin deposits from clients, almost all brokers instantly sell the bitcoins and hold the quantity in U.S. dollars. Even if a trader will not take a forex trade position immediately when the deposit, he or she remains exposed to the bitcoin-to-U.S. dollar rate risk from deposit to withdrawal. Danger of Volatility: Historically, bitcoin prices have exhibited high volatility. Within the absence of regulations, volatility will be used by unregulated brokers to their advantage and a trader’s disadvantage. For example, assume the intraday bitcoin rate fluctuates from $five,00zero to $5,300 U.S. greenbacks per bitcoin. For an incoming deposit of two bitcoins, the unregulated broker may apply very cheap rates to credit the trader $10,00zero (2 bitcoins * $five,000 = $10,000). However, once the trader is ready to create a withdrawal, the broker might use rock bottom exchange rate. Instead of the original a pair of bitcoins deposited, the trader receives o Security Risks Inherent to Bitcoin: Deposited bitcoins are vulnerable to theft by hacking, even from a broker’s digital wallet. To reduce this risk, rummage around for a broker who has insurance protection against theft. Risk of Leverage: Using leverage is risky for new traders who may not perceive the exposure. This risk is not unique to cryptocurrency forex trading and comes into play in traditional forex transactions still. Asset Category Mixing: Cryptocurrency may be a different asset class altogether and has its own valuation mechanism. Trading forex with bitcoins primarily introduces a replacement intermediate currency which will impact profit and loss in unexpected ways. Any cash that's not locked down in an exceedingly trader’s base currency is a risk. Although cryptocurrencies like bitcoin are gaining popularity, there are still several associated risks. In forex trading, dealing in a decentralized currency that provides global transactions with no fees is a bonus. But the tradeoff is actually adding a 3rd currency to what was a trading try Put your trading skills to the take a look at with our FREE Stock Simulator. Compete with thousands of Investopedia traders and trade your means to the top! Submit trades in an exceedingly virtual setting before you start risking your own cash. Practice trading ways thus that when you're prepared to enter the $64000 market, you've got had the practice you would like. Attempt our Stock Simulator today https://www.cryptoerapro.com/the-bitcoin-trade
Round up of Cryptocurrency News #2 Week 13/07 - 19/07
So much has happened this week! We saw a capitulation point of bitcoin before bears took over and we saw the selling pressure push Bitcoin down toward the $9000USD mark then move back up above $9100USD So far it has been a stable hold, however we may see some more action within the coming weeks.
Widespread scamming within the Twitter-sphere, Youtube and other platforms as Bitcoin and other cryptocurrencies may seem like fair game. Cryptocurrencies providing big payouts for scammers without the ability for reversals of accounts. Remember if something seems too good to be true, do some research or just plain do not respond/believe it. Stay safe and careful with your funds!
On the brightside, there has been even more adoption of cryptocurrencies as rumours of Paypal utilising cryptocurrency has been confirmed as they are developing crypto capabilities. In addition to this we received exciting news at the start of this week about Binance partnering with Swipe (SXP) and offering a debit card to spend BNB, SXP, BTC and BUSD. ( I will be keeping a swift eye on BNB and Swipe as its utilisation as tokens has just increased 43 fold).
Positive news for the Bitcoin network as its hashrate reaches all time high which helps to secure the network further even though mining profits have dropped by 50% from the recent halving. If you didn't know already the last Bitcoin will be expected to be mined in 2140 with its difficulty ever increasing and each time securing the network further. Processing units will have to become faster, stronger and most importantly more cost effective to continue to entice miners for the block rewards and further renewable energy practices.
Furthermore we can see Central banks and countries discussing and developing Central Bank Digital Currencies (CBDC). Read more about it here https://www.investopedia.com/terms/c/central-bank-digital-currency-cbdc.asp and check out some of the developments in the world above. This shows the popularity and strong nature of cryptocurrencies. As the saying goes "If you cant beat them, JOIN them".
Overall, very solid week full of adoption, animation and anticipation. Another post next week for a weekly round up! See you then but in the mean time join us at our Gravychain Discord. - DISCORD LINK: https://discord.gg/zxXXyuJ 🍕 Bring some virtual pizza to share 🍕 Come have a chat, stimulate a discussion, ask a question or share some knowledge. We are all friendly crypto enthusiasts up for a chat, supportive and want to help each other with knowledge and investments! Big thanks to our Telegram and My Crypto HQ for the constant news updates! - The Gravychain Collective: https://t.me/gravychain - My Crypto HQ: https://t.me/My_Crypto_HQ Important/Notable/Highlights:
This is a creative writing piece! Please don’t take anything I wrote as truth, please do your own research! For entertainment purposes only! Ok! Really bored and feel like a rant! So I’m not sure if you follow what is going on outside of your little box or not? But here is a update on what the fuck is going on (Aussie Man Review Style)! So let’s start with the fact that the US is fucking broke! Like 24 trillion in debt! And the only way they are going to get rid of it, is by killing all the people they owe. Just like John Wick, Right! so most countries in the world use the US dollar to trade oil and commodities, and it’s used as the worlds reserves currency (petrodollar). Anyways due to the US dollar being backed by nothing, like fuck all (maybe it’s the couple thousand nukes it has)! A lot of countries that are currently being sanctioned by these bullies have decided to drop the dollar and do bilateral trade in their own currencies and create cbdc’s! That’s why Gaddafi was killed, he was trying to create a Africa gold standard currency. I would call a leader that provided tax free income, free health care, schooling, power etc a dictator would you. Anyways, Think of it like this, the bully keeps beating you up, won’t let you play the game and keeps stealing your lunch money and cuts you out of the lunch line, so instead of letting them get away with it, you build a new system, so they can’t. another example the setup of BRICS and their new system to bypass SWIFT (international payment system for US dollars). If you haven’t heard of it, look it up! So the US dollar is about to dive! Smart countries and people have been buying Gold to be prepared for the coming collapse and looming devalue of the dollar, or the inflation, good idea to diversify your RSP’s or super buy a little gold or crypto and have some wealth preservation (my crypto has outperformed all my other investments by far). So moving forward, The Trump administration is trying to destabilize the world, and has no regard for international law. Not so recently in news, Trump was at an NRA conference ripping up an UN small arms treaty with him saying quote “America Citizens live by America laws, not the laws of foreign countries” so the rest of the world must bow to US sanctions! So Canada detained the daughter of Huawei founder, because of US sanction laws regarding Iran and she is still in Canada out on bail a year later!! More news today, Iran has sent its fleet of battle ships, aircraft carrier, nuke bomber planes to the Gulf of Mexico, in hopes to stabilize the area and bring democracy and freedom to the citizens for America. Iran has setup military bases along the Canada and Mexico border, justified by The US aggression and provocation behaviour in the area, and if the US try’s to attack Iran or any of its interests, The US will be sorry. Oh sorry, it’s the other way around, The US is in the Persian Gulf and the South China Sea, The US’s disputed waters and territory! It’s not called South West United States Sea! I would like to see China and Russia cruise around to the Gulf of Mexico, It’s freedom of navigation “BITCH”. Think of the absolute power these individuals think they have! You have the leader of Israel, Benjamin Netanyahu announce the other day that he is going to name a new development in Golan Heights after Trump, think of this for a second! Isn’t that’s part of Syria? So who the fuck gave them that right? No one! I think if a terrorist organization came into my country or home town and bombed the fuck out of it and then named it after their leader that looks like a Oompa Loompa, I most likely wouldn’t go back either. There’s an immigrant crisis across Europe, millions left homeless, the humanitarian crisis in Yemen is out of control! All over the world people are being fucked! All because of the actions of the most organized crime Cartel on the Planet (The Pentagon)! And, don’t we have the UN to deal with groups like this! Oh yeah! I forgot the US only lives by its own laws! Poor Venezuela, Think of this, I go back to Australia and create a new National Assembly, Not recognized by the Australia people, not voted in, and turn around and say “I’m now the new leader of Australia”, and I get my shit fuckery business buddies to give me all the money out of the Government accounts, meanwhile most folks are “like fuck that’s going to happen”. The Venezuelans have been crippled by US sanctions for the last decade! They make it out that it is being lead by a dictator! Such a bad man, he won’t let US Aid in, yeah sounds pretty shitty right, United States Agency for International Development, all you ignorant fucks out there only hear US aid, read between the lines. Isn’t every fucking country the US doesn’t like ran by fucking corrupt governments and dictator! What’s happening there is, The US is going to need it’s fuel from somewhere once the WAR in the Middle East and Asia starts. In the last year the Trump administration has pulled out of FUCKING huge global agreements, Like the JCPA with Iran and the EU, INF treaty with Russia, Understand that it was the Trump administration that started all these pull outs, saying the other countries were the problem, with all their actions destabilizing regional areas! What the fuck! War War War, Oil, Oil, Oil, Money, Money, Money. Afghanistan, Iraq, Libya, Syria, Yemen, Israel vs Palestine, Israel vs Iran, India vs Pakistan? And you’re worried about fucking Isis! And more times than not, it always turns out to be paid by US dollars, and Bitcoin is now a security threat! China trade War! And now the US wants to puts it Intermediate Range Missiles in Asia to stabilize the region! Holy fuck that has immediately done the opposite! Fuck America and it’s love for blowing shit up! Look everyone, I’m America, I just spent $40 million on this really cool thing, “What’s it do?” It stabilizes things! Ok how does it work, AMERICA FUCK YEAH “hold my fucking beer while I blow this country off the map”! Trump comment on the Afghan war! Not so recently by Trumps approval assassination the 2nd highest ranking member of Iran’s Islamic revolutionary guard, let that sink in for bit! That’s like assassinating Mike Pompeo, but he doesn’t have millions of people that would celebrate his life. I understand America is completely fucked either way, it’s mainly because there all a bunch of dumb fucks, and have let their country be built by a bunch of psycho’s paths. It’s fucking crazy that in today’s world 90% of the population have no fucking idea, what so ever, about anything! But believe FB, IG, Twitter, Tiktok are platforms for truthful unbiased thoughts. So yes, I’m no truth seeker, no, I’m not woke af, you have Julian Assange fighting for his life for doing what millions of people do everyday, fight for freedom to self express. I’m going to finish with this! We had world wars, where millions of young people fought for the freedom we have now. Don’t let what little freedoms we have left be taken away, due to our inability to truly question the narrative that is being spread by our completely corrupt system. Anyways that’s enough truth for one day! Wouldn’t want to offend anyone, who has been hyper normalized!
Today we'll take a look at something very fascinating named Capitalist Exploits. What is Capitalist Exploits? Who is it for and might it be something for you? These are some of the main questions this quick review will assist you answer! Product: Capitalist Exploits Website: www.capitalistexploits.at Owner: Chris MacIntosh Price: Free membership Who is it for: Investors from all backgrounds Overall rating: 4.9 out of 5 stars (4.9 / 5) What is Capitalist Exploits? Capitalist Exploits is, in short, a popular e-newsletter that has a subscriber base of over 20,000 investors, hedge funds, professional cash managers, and many other clever investors worldwide. It presents you with insider tips and additionally international buying and selling “signals and calls” that you might choose to use yourself to maximize incomes potential, and more importantly reduce your risks of loss. The carrier is all info, there is no software that will exchange for you or anything like that. You are going to have to open your very own brokerage account to perform trades that are counseled to you. Capitalist Exploits Reddit - Details The service is incredibly praised by revered and very successful buyers and has also been featured in Business Insider, Market Watch, etc: It is a special service amongst the many “similar” services out there, however, Capitalist Exploits separates themselves from their friends with their “investing service constructed for this moment in history” approach. Simply put, their carrier is providing a answer to the need for seeing thru the “unstable” times we are in, with political and financial destruction between nations, and to know what strikes need to be achieved in order to not get misplaced in the financial storm… Visit Capitalist Eploits website here Who is the owner? For these of you who do not know, Chris is about as legit an investor as you can get. Here’s his story in 6 bullets:
Came from a humble history in South Africa
Paid his way through a regulation degree in London by means of working his way up an investment financial institution & trading Started a real property business on the facet which quickly surpassed his revenue from the bank and gave him extra capital with which to trade (he was once 21 at this time!)
Settled in New Zealand, built up any other real property business that he bought just prior to the 2007/8 crash, at a 64x return on investment
Started a task capital fund, invested $35m into early-stage companies from round the world
Sold that, and started a fund, and opened up the lookup he was doing to readers of his weblog – this is the Insider subscription.*
He is one of these rare cash managers that are entrepreneurial, he’s one of the sharpest guys you’ll ever meet, and he has one hell of an impressive network. The actual deal. Not some manufactured guru, the likes of which litter the internet everywhere. How does it work? In short, the Capitalist Exploits internet site is a meeting area for investors, below is an precise excerpt from the About page on the website: "So on this website online you will find some of the techniques used by myself and these of my close colleagues, many of whom are family names in the investment business, and nevertheless others who keep a an awful lot lower profile. These are techniques which have led to my own admittedly excellent and often stunning (for me) successes. In addition I cover some of the classes learned from collective failures, in the hope that I don’t repeat them and you by no means trial them. As you can tell by way of now, I’m first and foremost an investor. 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Capitalist Exploits is not only a legit service, however it also looks like a very good one. This leads us to what their customers have to say about them: Reviews, ratings, and complaints on Capitalist Exploits It is always sensible (and recommended) to look at what the most ordinary and trusted evaluate and rating websites have to say about something you are involved in, to get a better ordinary picture of the excellent of the particular service. Sign up for the free newsletter: CLICK HERE.
Hi Everyone! Well, the last few months have certainly been busy here at Electroneum! I’m sure lots of you have been following our updates on the forum and on social media closely, but we’re delighted to bring you even more great news about what’s happening now and over the next few weeks. 1. We need YOUR help in the BINANCE Community Coin Vote! 2. You can now buy mobile minutes and data top up with ETN in over 140 countries 3. We’ve launched in another huge exchange! 4. AnyTask is now LIVE for all sellers and buyers after fantastic initial success 5. The M1 phone is a hit in Cambodia 1. We’ve been asked by a number of people in our community when we will list on Binance… Now is the time that you can HELP us achieve a Binance listing by showing them the power of our community! If you can please reply to this Twitter thread with u/Electroneum#ETN you will be helping get us listed on the most popular exchange in the world! https://twitter.com/binance/status/1231923438534574084 It would be amazing if you could take a few moments of your time to Tweet a reply to vote for ETN to be listed. 2. Electroneum has expanded mobile top up to over 140 countries In yet another great step towards changing the lives of millions of people, Electroneum has expanded in-app mobile phone airtime and data top-up to over 140 countries reaching nearly 4 billion mobile phone users! The rollout is following a successful trial You may know that we’ve been trialling ETN to airtime top up in countries such as South Africa, Turkey, Brazil, Uganda, Tanzania, and Nigeria. Well, following a fantastic initial test period, we’ve rolled it out around the world to a huge list of countries. We now offer Electroneum users the opportunity to top up using their ETN from a list of 600 major MNOs and MVNOs (mobile virtual network operators). These include almost every large network operator you’ve ever heard of. This is going to be even more exciting as users continue to earn ETN through AnyTask.com and we give them even more ways to spend. If you haven’t already…There’s now a really good reason to list a task on AnyTask.com. Meanwhile to top up your airtime and data, simply log into your Electroneum app and select your country from the ‘Top Up’ menu. Don’t forget to let us know what you think in the community forum! Even more countries will be added later! 3. Electroneum is now live on the Biki exchange We’ve added another fantastic exchange to our list, with Singapore-based Biki!Biki.com opened for deposits at 18:00 GMT +8 on Wednesday, 19 February and trading opens today (25th February) at the same time. Biki is the fastest growing exchange in the world and we’re one of the fastest growing cryptocurrencies. With AnyTask.com allowing users across the world to earn ETN, relationships with key exchanges like Biki allows an easy way for people and companies to trade that ETN for other cryptocurrencies such as Bitcoin. The new listing will also be great for increasing awareness of Electroneum to new users in Asia, as well as supporting our joint ongoing commitment to encourage adoption of cryptocurrency around the world. Biki ETN competition To celebrate them adding ETN to their awesome exchange, the fabulous team at Biki will be running an exciting giveaway of 5,000,000 ETN in a trading contest. From today at 18:00 GMT +8, users with the highest ETN trading volume will share 5,000,000 ETN in proportion to their total transaction volume. Visit Biki.com for more information. 4. AnyTask Platform Update As you’ll remember from my last community update, AnyTask.com, the freelancer platform powered by ETN, went live with invited sellers last month and since then, it has gone from strength to strength. We now have over 100,000 users signed up to the platform. In addition over 1,000 users have successfully listed a task. Some have even seen multiple purchases of their tasks already! With the success so far, we can now clearly demonstrate the real world use case for ETN and how it can help a huge number of people. They don’t need to have a bank account to reach customers across the world and get paid in ETN for their amazing skills, from social posting, photo editing, logo design, tarot card reading, online teaching, animation and more. If you have a digital skill, come and sell it on AnyTask.com! We’ve already seen a great response from our invited sellers, with more and more buyers getting involved in a fairer freelance platform. Now, ahead of schedule, we’ve opened the platform to sellers across to the entire world, so if you have a digital skill, sign up at AnyTask.com and start earning ETN now. It’s simple, create a profile and list a task, telling us what you’re great at and how much you’d like to be paid. Once we’ve verified your listing, it will be available to buyers from anywhere to request your services and what’s great is there are no seller-fees! Even better, we’ll pay you in ETN, so no longer will not having a bank account mean you can’t be part of the global digital economy! We are DISRUPTING an already DISRUPTIVE industry! We’ve seen great feedback for sellers offering skills for just one dollar! A fifth of the lowest price on Fiverr. As buyers find this new marketplace, we open earning opportunities all over the world to people who very often earn less than 100 dollars per month. Our buyer ad campaigns have started As promised when we started to recruit sellers, we had a beautiful campaign of social and digital advertising lined up, ready to launch, when we had enough tasks listed. These ads are now launched, with some great feedback from our community and fans. You can check out some of our great ads here, and as always, we’d love to hear from our community on any other great ideas for ads that they have. You never know, your idea could come to life in our next campaign. These ads are helping us to drive hundreds of buyers to AnyTask.com, which means more tasks sold and more ETN earned by our sellers! We will be ramping this to thousands and then tens of thousands! Showcase your AnyTask skills on video and earn up to 150 US Dollars in ETN! We want to let our seller’s skills speak for themselves to attract buyers, and what better way to do that than by getting our sellers to create their own videos demonstrating their task? Not only does this make your profile stand out, as videos attract even more attention, but you could also earn up to 150 US Dollars in ETN. If you’re one of the first 1,000 videos uploaded, we’ll rate your video and reward you with up to 50 US Dollars in ETN. Each user can upload up to three videos to get to that awesome 150 ETN bonus! Check out our community forum post to see what we’re looking for. 5. Electroneum M1 smartphone flies off the shelves in Cambodia The Electroneum M1 phone was created specifically for users in developing regions. It’s a great, affordable Android phone with features users actually need! And more importantly, straight out of the box, users can enjoy ETN Rewards, so it’s a phone that pays you back. Now, thanks to our agreement with Cambodia’s fastest-growing MNO, Cellcard, we’ve been able to get the M1 phone into the hands of hundreds of new users across the country, who for many, especially in rural areas, are moving from feature phones to entry-level smart phones. In fact, the handset has been such a hit with users in Cambodia, the first crypto phone manufactured by a blockchain startup has flown off the shelves. The Cellcard and Electroneum collaboration agreement is the first-ever between an MNO and a cryptocurrency and we’re excited to work with such a fantastic company that cares passionately about its users, just like us. Thank you for taking the time to read this announcement and being part of Electroneum. Have a great week everyone!
Balance of Power - An Idea for a New Expansion to Civilization VI
CIVILIZATION VI - BALANCE OF POWER New paths to victory and new dangers are in the game from the very first turn to the very last! The way the game itself begins is altered, and each civ plays more differently than ever with each leader having a unique set of buildings and different ways to pursue victory from turn one. Each leader is faced with new dangers, vicious Warlords have risen up to lead the warring barbarian clans to plunder your empire, and Plagues wait to spread in crowded and mismanaged cities! Those who master a remade economic system featuring Corporations and World Market can conquer the world with the almighty dollar with Financial Victory! New Civs Pacal - Maya Hammurabi - Babylon Tamerlane - Timurids Sitting Bull - Lakota Henry the Navigator - Portugal Vercingetorix - the Gauls Nelson Mandela - South Africa Leader Traits - Every Leader Upgraded!
All Leaders now have a new property. Each leader has Traits (ie; Mansa Musa is Financial and Charismatic, Gandhi is Spiritual and Industrious) which provide minor bonuses that guide towards one type of victory or the other. When a new Era begins, you get to choose which trait you want to focus on upgrading and select from one path or the other.
The base traits give a slight bonus and also change what buildings may be built in a city when first built. These buildings act like the Monument, providing Loyalty and a bonus at full loyalty, giving different bonuses based on the Trait.
Further tiers of traits give additional bonuses and unlock more special buildings for the City Center, with the final tier unlocking a special Wonder.
More Barbaric Barbarians! Beasts
At the very start of the game, Barbarians may only spawn beasts and will not form Encampments until all civs have researched Code of Laws. In the very first turns, aggressive Beasts such as Bears, Lions, and Wolves will stalk around the unexplored wild in large numbers. Beasts ignore any movement penalties and hunt down civilians left unprotected. Beasts will promote themselves for each era they remain without getting killed, making exploration treacherous later on.
Barbarians are now split into factions led by independent AI personalities called Warlords that are far more vicious than barbarians in vanilla. A barbarian camp in a forest tile, for example, is controlled by Boudica who prefers to build her unique unit the Pictish Warrior from her camp. One on a plains tile is controlled by Attila whose unique unit is a Hunnic Horseback Raider.
Warlords are at constant war with everyone else in the game and will only build military units. They are removed from the game if all encampments or cities they control are destroyed. Whenever a player kills a barbarian unit or loses a unit to barbarians, or when a barbarian scout spots their cities and sounds the horn for other barbarians, they have the opportunity to negotiate with the Warlord. For example one may bribe a Warlord to attack a rival civ instead of them.
Warlords that have not yet been removed from the game will attempt to establish themselves as governor of city states that have no Suzerain or Diplomat governor, transforming it into a free city. They instantly establish themselves in free cities near territory they control and cities conquered by barbarian hordes.
Unlike player controlled governors, Warlords may establish themselves in an unlimited number of cities, and gain a title whenever they take over a new city unlocking a new unique unit. Any player can establish trade routes to Warlord cities.
Removing a Warlord from the game allows the player that does so to build their unique units.
Special World Congress proposals can be triggered to allow Warlords to have a vote in World Congress if they are controlling cities.
A new way to win!
Financial Victory is unlocked. Unify all nations under the almighty dollar by dominating the World Market!
To win the Financial Victory, you must build the World Bank. This late game wonder may only be placed in a city that houses a Corporation Headquarters and may only be constructed by a civilization whose Currency is the preferred Currency of foreign trade in a majority of civlizations.
Players can now issue their own currency upon learning the Foreign Trade civic. Custom Currencies allow you to change the value of your Gold by backing it on another resource such as your supply of Stone/Oil or a feature of your cities like Loyalty. You can opt to change your currency's form (giant rocks, paper bills, bitcoin etc.) to change its value in certain methods of trade and artificially inflate or deflate it. You can also choose to erase any customization by resetting your Currency to the Gold Standard. This can give you an edge in diplomacy trades against weaker civilizations and leverage the bonuses of Trade Routes in your favor.
Your currency is traded in lieu of gold once it is created. A civilization trading with you will give you their currency in exchange for yours. Currencies have different rates of exchanged based on their value. If foregin trade begins to outpace your own ability to generate gold, you may end up in a situation where another civ's Currency is the majority of gold in your coffers, making it the preferred Currency of foreign trade. If this is the case, you will tap into that before your own money in trades with other civs, denying you the Financial Victory!
Should a civilization be eliminated by being fully conquered, their Currency will remain and be traded for, but its value will be reset to the Gold Standard, which can drastically change the economies of civs they interacted with.
Gain access to the World Market after the Banking technology is learned. All Resources have a value in the World Market based on how many are being improved. This effects their values and similarly the world currencies are measured against each other in a similar way.
It is a virtual stock market where each resource being worked is its own stock, and money can be invested into speculation about whether those stocks may change in value.
The civ that has more than 50% of the global supply of a resource gains a Monopoly on it, giving tiles with those resources extra bonuses for that civ.
Corporations can be founded after the Economics technology is researched. Once a civ has a Monopoly on a resource, it can build a Corporate HQ in the city center corresponding to that resource. There are also Corporations that can be only be founded by late game Great Merchants. HQs, Offices, and Franchises give gold and production.
Corporations are independent AIs that will periodically spawn special builders from Corporate buildings to use their corresponding resource to make products for the resource owner.
These products have useful bonuses when traded, and citizens of civs that do not have them will demand them. Corporations working resources alters their value in the World Market, as do the effects of foreign demand for products.
Once you found a corporation, you can build Corporate Offices in other cities. If a city with a Corporate Office connects a trade route to a foreign city that does not already have a Corporate Franchise in it, a Corporate Franchise is created. Each Office and Franchise helps spread your Corporation's influence and increase the bonuses from hosting them.
Corporation AIs give quests in the way city states do and will speculate on resources they want in the World Market and may be bet upon or against like with resources and currencies.
When a city that has constructed a Corporation Headquarters is acquired or destroyed through any means by another civilization, that Corporation is immediately destroyed. All Offices and Franchises around the world are immediately closed, and the founding Civilization immediately loses all benefits from that Corporation.
A destroyed Corporation immediately becomes available to be founded again by any civilization in the world. There is no restriction in the number of times a Corporation may be established in a game.
History comes alive!
As certain tiles are randomly hit with Natural Disasters, Districts and Wonders are rarely effected by Events that force the player to make choices which have unique and permanent effects on the wider world.
Your Capital City has Player Events, rare occurrences that temporarily sway your civ's government, such as the sighting of a comet in the sky requiring the player to decide how to interpret such an omen, or the rising of a revolutionary army within the capital forcing the player to address their concerns or get ready to fight.
Player events may also be decided by the state of diplomacy such as your people clamoring for war after being your civ is wronged by another, or suffering from war weariness in the midst of a prolonged conflict.
Districts may be effected by more Local Events that change the way the city grows based on your choices.
Certain Wonders have special quests attached to them that occur in multiple parts and specially upgrade the target Wonder based on your choices once all parts are complete.
A new form of Natural Disaster has arrived to lay waste to careless leaders that refuse to protect their people, they are called plagues, and will temporarily reduce Loyalty in afflicted cities with a chance to reduce population each turn. Later on, nearby tiles will have their yields negated.
How they work
Plagues function mostly like the Black Death scenario, but to begin affecting cities requires that a city have low housing or amenities for too many turns. Plagues begin when cities first become short on housing or amenities for more than a few turns.
Players are given warning that plagues may begin to spread when enough citizens become unhealthy from having too little housing or amenties.
Spies may trigger plagues by sabotaging Medical Districts. Special bio-weapons can be generated, a new variety of nuclear warhead that start uncurable plagues with extremely high chance to reduce population each turn.
Special districts that may be built and serve the same function as the Walled Quarter in the Black Death scenario. The upgrade buildings in Medical Pavilions are required to build later game and more powerful versions of the special plague-centric civilians in the scenario.
Medical Pavilions help keep your citizens healthy and bring out their higher potential, making specialists more powerful.
Strains and Cures
Plagues come in many strains based on the Era of the game. Earlier plagues do not spread to other cities, eventually clearing out on their own. Later on, they become more virulent and begin to gain new attributes such as negating tiles near cities or spreading via trade routes. Very late game plagues even have a chance to bypass the beneficial effects of Medical District buildings.
Once the World Congress is unlocked, emergencies can be triggered to send aid to plague-stricken cities and even for the world to join in an effort to cure the different strains of plagues to prevent them from ever arising again.
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Some have argued that neoconservativism has been influenced by Schmitt Most notably the legal opinions offered by Alberto Gonzales, John Yoo et al. by invoking the unitary executive theory to justify highly controversial policies in the war on terror—such as introducing unlawful combatant status which purportedly would eliminate protection by the Geneva Conventions torture, NSA electronic surveillance program—mimic his writings.Professor David Luban said in 2011 that "[a] Lexis search reveals five law review references to Schmitt between 1980 and 1990; 114 between 1990 and 2000; and 420 since 2000, with almost twice as many in the last five years as the previous five"
Realpolitik World Order, by Henry Kissinger Liberalism/Social Democracy A Theory of Justice, by John Rawls Right-Wing Libertarianism Anarchy, State, Utopia by Robert Nozick Technocracy Zero to One, by Peter Thiel Marxism-Leninism Left-Wing Communism, and Infantile Disorder by Vladimir Lenin Recommended books: Israel/Palestine and the Middle East: Start off with: The Iron Wall by Avi Shlaim ★ Gaza: An Inquest Into Its Martyrdom by Norman Finkelstein Also Great ★ Fateful Triangle by Noam Chomsky Israel/Palestine: How to End the War of 1948 by Tanya Reinhart The Birth of Israel: Myths and Realities by Simha Flapan Between the Lines: Israel, the Palestinians, and the U.S. War on Terror by Tikva Honig-Parnass The Holocaust Industry: Norman Finkelstein Defending the Holy Land: A Critical Analysis of Israel's Security and Foreign Policy by Zeev Maoz Gaza: An Inquest Into Its Martyrdom by Norman Finkelstein The New Intifada: Resisting Israel’s Apartheid by Roane Carey, Alison Weir, and others The Battle for Justice in Palestine by Ali Abunimah American Foreign Policy: Start off with: ★ ★ ★ Understanding Power by Noam Chomsky Killing Hope: U.S. Military and CIA Interventions Since World War II by William Blum Also Great: Defeat: Why America and Britain Lost Iraq by Jonathon Steele A Different Kind of War: The Un Sanctions Regime in Iraq by Hans. C. Von Sponeck Al-Qaeda: Casting a Shadow of Terror by Jason Burke How America Gets Away with Murder: Illegal Wars, Collateral Damage and Crimes Against Humanity by Michael Mandel The Deaths of Others: The Fate of Civilians in America's Wars by John Turnam Talking to the Enemy: Faith, Brotherhood, and the (Un)Making of Terrorists by Scott Atran The Politics of Heroin: CIA Complicity in the Global Drug Trade by Alfred W. McCoy Ideal Illusions: How the U.S. Government Co-opted Human Rights by James Peck War Stars: The Superweapon and the American Imagination by Howard Bruce Franklin Next Time They’ll Come to Count the Dead: War and Survival in South Sudan by Nick Turse Tomorrow's Battlefield : U.S. Proxy Wars and Secret Ops in Africa by Nick Turse The Violent American Century: War and Terror Since World War II by John Dower Command and Control: Nuclear Weapons, the Damascus Accident, and the Illusion of Safety by Eric Schlosser The Hungry World: America's Cold War Battle Against Poverty in Asia by Nick Cullather Voices From the Other Side: An Oral History of Terrorism Against Cuba by Keith Bolender The Doomsday Machine: Confessions of a Nuclear War Planner by Daniel Ellsberg Tinderbox: U.S. Foreign Policy and the Roots of Terrorism by Stephen Zunes One Minute to Midnight: Kennedy, Khrushchev and Castro on the Brink of Nuclear War by Michael Dobbs Kill Chain: Drones and The Rise of the High-Tech Assassins by Andrew Cockburn First Do No Harm: Humanitarian Intervention and the Destruction of Yugoslavia by David Gibbs The Management of Savagery by Max Blumenthal Media and Propaganda: Start off with: Manufacturing Consent by Edward Herman and Noam Chomsky Propaganda by Edward Bernays The Record of the Paper: How the New York Times Misreports US Foreign Policy by Richard A. Falk Also Great: The Real Terror Network: Terrorism in Fact and Propaganda by Edward Herman The Politics of Genocide by Edward Herman Taking the Risk Out of Democracy: Corporate Propaganda versus Freedom and Liberty by Alex Carey American History and Culture: Start off with: ★ A People's History of the United States by Howard Zinn Also Great: Political Repression in Modern America: FROM 1870 TO 1976 by Robert Justin Goldstein No is Not Enough: Resisting Trump's Shock Politics and Winning the World We Need by Naomi Klein The Industrial Worker, 1840-1860: The Reaction of American Industrial Society to the Advance of the Industrial Revolution by Norman Ware Voices of a People's History of the United States by Anthony Arnove and Howard Zinn Violent Politics: A History of Insurgency, Terrorism, and Guerrilla War, from the American Revolution to Iraq by William R. Polk ★ With Liberty and Justice for Some: How the Law is Used to Destroy Equality and Protect the Powerful by Glenn Greenwald Strangers in Their Own Land: Anger and Mourning on the American Right by Arlie Russell Hochschild The Half Has Never Been Told: Slavery and the Making of American Capitalism by Edward Baptist The New Jim Crow by Michelle Alexander Slavery by Another Name: The Re-Enslavement of Black Americans from the Civil War to World War II by Douglas A. Blackmon Inferno: The World at War, 1939-1945 by Max Hastings The Politics of War: Allied Diplomacy and the World Crisis of 1943-1945 by Gabriel Kolko Labor History: The Fall of the House of Labor by David Montgomery Selling Free Enterprise: The Business Assault on Labor and Liberalism, 1945-60 by Elizabeth A. Fones-Wolf The Market Revolution: Jacksonian America, 1815-1846 by Charles Grier Sellers Sociopathic Society: A People’s Sociology of the United States by Charles Derber On the Rojava Experiment: Revolution in Rojava Struggles for Autonomy in Kurdistan A Small Key Can Open a Large Door Rojava: An Alternative to Imperialism, Nationalism, and Islamism in the Middle East Coming Down the Mountains To Dare Imagining: Rojava Revolution ★ Ocalan’s Prison Writings Anarchism, Socialism, Philosophy, and Science: Start off with: ★ Government In The Future(Talk) by Noam Chomsky Homage to Catalonia by George Orwell On Anarchism by Mikhail Bakunin The Limits of State Action by Wilhelm von Humboldt Also Great Progress Without People: In Defense of Luddism by David F. Noble Granny Made Me an Anarchist: General Franco, The Angry Brigade and Me by Stuart Christie Fashionable Nonsense: Postmodern Intellectuals' Abuse of Science by Alan Sokal Beyond the Hoax: Science, Philosophy and Culture by Alan Sokal A Theory of Power by Jeff Vail Workers' Councils by Anton Pannekoek The State: Its Origin and Function by William Paul On Anarchism by Noam Chomsky The Anarchist Collectives: Workers' Self-Management in the Spanish Revolution 1936-39 by Sam Dolgoff Anarchism by Daniel Guerin The Ancestors Tale by Richard Dawkins Demon Haunted World by Carl Sagan Memory and the Computational Brain: Why Cognitive Science WIll Transform Neuroscience by Randy Gallistel and Adam Philip King Vision: A Computational Investigation Into the Human Representation and Processing of Visual Information by David Marr Economics: Start off with: ★ ★ Bad Samaritans: The Myth of Free Trade and the Secret History of Capitalism by Ha-Joon Chang ★ Making Globalization Work by Joseph Stiglitz Capital in the 21st Century by Thomas Piketty Adam Smith and His Legacy for Modern Capitalism by Patricia H. Werhane Also Great: Democracy at Work: A Cure for Capitalism by Richard Wolff Das Kapital by Karl Marx Wealth of Nations by Adam Smith Affluence and Influence: Economic Inequality and Political Power in America by Martin Gilens America Beyond Capitalism by Gar Alperovitz The ABCs of Political Economy: A Modern Approach by Robert Hahnel ★ ★ Golden Rule: The Investment Theory of Party Competition and the Logic of Money-Driven Political Systems by Thomas Ferguson The Conservative Nanny State: How the Wealthy Use the Government to Stay Rich and Get Richer by Dean Baker Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer by Dean Baker Unequal Democracy: The Political Economy of the New Gilded Age by Larry M. Bartels Understanding Capitalism: Critical Analysis From Karl Marx to Amartya Sen by Douglas Down Whose Crisis, Whose Future?: Towards a Greener, Fairer, Richer World by Susan George Business as Usual: The Economic Crisis and the Failure of Capitalism by Paul Mattock Jr. Greening the Global Economy by Robert Pollin Capitalism: A Ghost Story by Arundhati Roy Political Economy and Laissez Faire by Rajani Kannepalli Kanth The Great Transformation: The Political and Economic Origins of Our Time by Karl Polanyi Miscellaneous: ★ Discipline and Punish, by Michel Foucault Chasing the Scream: The First and Last Days of the War on Drugs by Johann Hari Controlling the Dangerous Classes by Randall G. Shelden Pedagogy of the Opressed by Paulo Freire The Verso Book of Dissent: From Spartacus to the Shoe-Thrower of Baghdad by Andrew Hsiao Don't Mourn, Balkanize!: Essays After Yugoslavia by Andrej Grubačić ★ Field Notes on Democracy: Listening to Grasshoppers by Arundhati Roy Voices from the Plain of Jars: Life under an Air War by Fred Branfman We by Yevgeny Zamyatin In Praise of Barbarians by Mike Davis Damming the Flood by Peter Hallward Hope and Folly: The United States and UNESCO, 1945-1985 by Edward Herman and Herbert Schiller Fanshen: A Documentary of Revolution in a Chinese Village by William Hinton The Egyptians: A Radical Story by Jack Shenker Welcome to the Revolution: Universalizing Resistance for Social Justice and Democracy in Perilous Times by Charles Derber Sociopathic Society: A People’s Sociology of the United States by Charles Derber The Black Jacobins by C.L.R. James Dark Money by Jane Meyers King Leopold's Ghost by Adam Hochschild Recommended YouTubers/Creators/Channels(with a linked video to get you started): Political Contrapoints | America: Still Racist ★ Philosophy Tube | The Philosophy of Antifa Existential Comics ★ ★ Chomsky’s Philosophy | Bakunin's Predictions HBomber Guy | Soy Boys: A Measured Response Shaun | How Privatisation Fails: Railways Badmouse Productions | Argument ad Venezuelum Three Arrows | Who is actually at fault for the refugee crisis? Gravesend Films (with Norman Finkelstein) | The Idea Of Utopia The Intercept | Greenwald and Risen debate Russiagate Non Political Lindsay Ellis - Film Criticism | The Ideology of the First Order The Great War - History | The Run For The Baku Oil Fields History Civilis - History | The Constitution Of The Spartans Numberphile - Mathematics | Perplexing Paperclips Computerphile - Technology | The Bitcoin Power Problem Vihart - Mathematics | Hexaflexagons 3Blue1Brown - Mathematics | How Cryptocurrencies Work PBS SpaceTime - Astronomy, Physics | The Blackhole Information Paradox Will Schoder - Video Essays | The Problem with Irony and Postmodernism Assorted Documentaries to get you started: ★ Manufacturing Consent - The seminal work on how the population is controlled in democratic societies ★ ★ Citizenfour - Edward Snowden, Glenn Greenwald and Laura Poitras in a Hong Kong Room. ★ ★ Risk - A deep look at Wikileaks - from the inside the embassy. The Murder of Fred Hampton - How the FBI brazenly assassinated an American citizen without any warrant or due process Weiner - An incredible look at how political campaigns function from the inside. The Corporation - What are corporations? The Shock Doctrine - Lectures by Naomi Klein, news-reel footage and analysis to explain the connection between politics and economics. ★ Hypernormalization - Explains not only why chaotic events happen - but also why we, and politicians, cannot understand them. Inside Job - A look at the cause for the financial crisis Podcasts Start off with: ★ ★ ★ Citations Needed Also Great: Intercepted Current Affairs Podcast Chapo Trap House Moderate Rebels Economic Update Protect Yourself: PrivacyToolsIO, Electronic Frontier Foundation
Copied and pasted a long thread about the 2020s (part 2)
I have found a very interesting thread in a forum, I decided to copy and paste all the comments that the author of the post had made. The author posted this in 2019, the author also posted another in the past in 2018 about the same subject. But this will be about the 2019 post (part 2) I won't be sharing the link to the website because I want to protect the identity of the users since it is a mental health forum. But here is the link to part 1: https://www.reddit.com/The2020s/comments/dzpb6l/copied_and_pasted_a_long_thread_about_the_2020s/ --------------- Here we are! Today it is the year 2019, the near end of the 2010s.The 2010s was an interesting decade to say the least, internet use continued to spread like wildfire worldwide with more and more people becoming dependent on the internet. When I was a kid in the 2000s I felt like the odd one out because I was addicted to the desktop and I didn't know many other people who were addicted to computers, but today in the 2010s this seems like the new normal except now most people are carrying desktops in their own pockets (cellphones). In the 2000s politics was very moderate and there was much less polarization, now polarization is pretty much a growing trend with many people sharing very strong political believes on the internet. The internet became a political tool and metaphorically a source of political fuel in the 2010s, everyone can now share their believes on the internet and inspire a new group of followers, something that the world didn't have or realized it had until the 2010s and we are still getting used to this. In 2010 there were 6.9 billion people and 1.9 billion internet users, in 2019 there are about 7.8 billion people and about 4.5 billion internet users. Which means that internet use has increased by 237% while the world population has increased by at least 12%.By 2030 the world population is expected to reach 8.5 billion people and more than 7.5 billion people are expected to be internet users, that could very well be 90% of the worlds population. This means that the internet will truly begin to take over the world during the 2020s, it will continue to make big changes on how we will live and how we will communicate, it may become almost impossible to live in the western world without being online. Climate change is a big issue, in 2010 the global average temperature was 0.62 Celsius above 20th century average, in 2018 it was 0.79 Celsius above 20th century average. The 2018 temperatures may not seem like much but everyone who is informed about the summer of 2018 will agree that it was a very hot year, so hot that record wildfires within the arctic circle happened.By 2030 we could potentially reach 1.5 degrees Celsius of warming since pre-industrial times, again the number does not seem much but the consequences are huge. Mudslides from melting soil will turn mountains in death zones, lower food harvests and nutritional value will increase risks of starvation, loss of fresh water will result in wars over water, the Maldives will be flooded as well as Bangladesh which will cause huge mass migrations, the ice will melt even faster which are increasing sea levels, you get the idea.In the 2020s global warming will become a much bigger problem, but there is no guarantee that enough will be done to cut emissions. Developing countries such as India want nothing more than to have the same quality of life as the western world does, not much can be done to dissuade India until the country suffers greatly from global warming and the potential for growth seems impossible. As long as developing countries believe that growth is possible they will contribute massively to global emissions just as soon as the developed world begin to cut their emissions, and worse yet developing countries often have very high populations which will contribute to global warming even more than it could have done. In the 2020s there will be a new global superpower which would be decided by 2030, it is unlikely that America will remain the superpower due to its stagnant economy and the potential loss of trade partners in the near future. The most likely contenders for being the next global superpower is Russia and China, this struggle for power could potentially trigger a 2nd cold war. Global relations will change, there has been a growing loss of trust in the 2010s between nations and that trend will continue to escalate during the 2020s while new crises emerge.This loss of trust could result in balkanization in some parts of the world, particularly in ethnically diverse countries such as Papua New Guinea and Tanzania. Countries will begin to do their own thing and ignore international agreements as trust disintegrates, the Paris Agreement and the United Nations might be abandoned in the 2020s.To put it shortly, the world power will likely shift from Anglo-America to Asio-China/Russia, international co-operation and aid may regress into nationalistic autonomy, and from democracy to populism. Technologically, most breakthroughs will be related to the huge spread of the internet in some way, in other words most technological advances will be adaptations to the way we live with the internet and learning the full capability and power of it. 5g will be adopted reluctantly due to health concerns, but it will be adopted anyway at some point in the 2020s quickly and this will cause even more dramatic changes within our society. If you think our world has changed drastically so far just wait until 5g comes! By 2030 we could have fridges that are connected to the internet, many other inanimate objects would also be connected to the internet and whatever information is processed will be used to benefit companies as well as sniffing out bad behavior. Because of 5g, the 2020s may be the last decade when privacy is possible in society. Lastly, I am going to talk about generations and their role in the 2020s. Pretty much all Baby Boomers are going to retire in this decade to have their previous role as leaders replaced by Gen X, Gen Y will all be adults and will be trying to make big changes in the world, Gen Z will begin to grow into adults, there will be a new generation in the 2020s (generation beta). What do you think will happen in the 2020s? Very keen to read your thoughts about this topic!Have a good day. ------------------------- reply to user: Honestly I will never be able to answer with confidence about Brexit! I think many people in the parliament don't seem to know what to do, I think most likely Brexit will be on hold until the EU itself fails. Today the EU is already struggling to survive.How will the EU fail? When its financial situation gives European nations the incentive to leave so they can grow their economies by themselves without restrictions, the Syrian refugee crisis (5 million people) destabilized the EU to its core and it was the refugee crisis that started Brexit in the first place.Imagine what would happen to global politics if 20 million migrants went into Europe, it would certainly change a lot of things. reply to user:Religion could make a comeback in the 2020s, particularly in a scenario where climate change pushes people to turn to religion for comfort. Islam is on a sharp rise due to the fact that they have a lot of children, it will also become the biggest religion in the world in the near future, at that point most people on Earth will be Muslim.I think ISIS largely happened because of food shortages in Syria which resulted in civil war, if a similar thing happened in another vulnerable Muslim country then you can expect another wave of suicidal radicals wrecking havoc and forming another radical group.I have once predicted a similar uprising in North Africa resulting in a mass Christian migration into Europe, the number of Christian migrants could exceed 20 million. ----------------------- reply to user: Yeah the idea of the European Union has been a flawed and overly ambitious project right from the start, Europe is quite a divided continent with many countries having a strong sense of identity, trying to make Europe into one country will inevitably backfire. Without much doubt the EU will collapse, however it will live on under a different name by one or a few countries that still cling onto the vision.After EU falls there is a chance that a few more so-called unions may form, these unions may be alliances that share the same political views which could result in a polarization.Germany had a good shot at attempting to rule Europe again though, we tried it and probably won't do it again for a while. ----------------------- reply to user: Funny enough I have just very recently found out that the UK is going to have another general election, so far at the moment it looks like Labour is doing well with public approval, it is a likely possibility that Jeremy Corbyn may become the next prime minister.If Jeremy Corbyn becomes the next prime minister that would mean that Brexit will be cancelled, this could cause major polarization and unrest if there are still people who really want Brexit. Who knows what would happen if the majority of pro-Brexiteers protest in the streets because they didn't get what was promised to them? A British revolution is another real possibility. reply to user:Predicting elections will always be difficult for me because of how uncertain and at times random they all are, who would of thought that Trump would win in 2016? Would Trump win again in 2020? I mean it sounds crazy but if it happened in 2016 then it can certainly happen again in 2020. Although I do think that Trump has less of a chance of winning in 2020.A good thing to take note of is when Trump withdrew from the Paris Agreement much of America didn't follow suite, there are many American companies who still follow the Paris Agreement guidelines because they don't agree with Trump, there are many Americans who have not been implementing Trumps policies.Elections can never be predicted with 100% confidence, but Trump is more likely to lose in 2020 than 2016. ------------------------------- Thank you all for your replies, they have been smart and intuitive contributions. :-D Last night I just began researching about the 1920s out of interest (I think I might have mentioned the 1920s in the old 2020s thread). I have just started learning about the 1920s so there is a lot that I don't know about it but there are a few themes that resonates with today trends, which I will mention below.And because I am not well informed about the 1920s the below information would be hypothetical and open to speculation. The 1920s was an economically prosperous time for the Western World, but the economic prosperity abruptly ended with the Stock Market Crash in 1929 and resulted in the Great Depression in the 1930s. A very similar situation is happening today but is happening much slower and at the moment is less severe, the Stock Market Crash in 2007-2008 resulted in an economic crawl that is still persisting to this day. I have a feeling however that the full effect of the 2007-2008 economic crisis is yet to be felt in full force. Political movements such as Socialism and Fascism were on the rise in the 1920s-1930s partly because of the economic situation, those parties believed that capitalism is out of control and needs intervention to prevent the degeneration of society. The term supercapitalism was created by Fascists, it pretty much means a degenerated form of capitalism that is doing more harm than good to society. The blame of the 1929 Stock Market Crash was placed on Capitalism by both Socialists and Fascists, anti-capitalism exploded in the 1930s which resulted in far-left/far-right nations fighting one another by the end of that decade. Lets say that the next Great Depression is to start in the early 2020s, we already have a lot of young people who have a favorable view on Socialism, on some level there are many people who are blaming Capitalism for the economic crisis. Nations have already been polarizing in the 2010s, so what would happen if we enter the next Great Depression and then a massive surge of Socialism/Fascism happens straight after? The world would be in a very similar situation as the world in pre-WWII. If the 2020s Great Depression happens then Capitalism in the Western World could end, the more young people has power over America the more likely that the nation will transition into a Socialist state. Kinda ironic because in the 20th century Anglo-America fought against Socialist Russia and in the end capitalism unexpectantly won as the leading world policy, but in the 2020s Russia may abandon their socialist past and turn to capitalism as they take advantage of the new resources revealed by global warming, just as Anglo-America turns Socialist Asio-Russia will turn Capitalist (I'm not sure about China, but I'm pretty sure that India is taking the capitalist route too). The Arctic will melt a lot during the 2020s, Russia may likely claim most of the new oil reserves which will cause worldwide tension as oil will be running out, America will be stuck with the last remaining reserves of oil in Alaska and Canada which may result in poor relations between Canada and America, eventually China may have most of the oil reserves in the Middle East because I believe that the Middle East will turn to China for economic interests as America begins to lose its grip on the region. Nothing is forever, everything changes.To those who fear for the future of America I just want to say this, even if America loses influence on the world America will still cling onto their core values in their own home and I can't see America giving up on the American dream, I think that the American dream is redefined by each of its passing generations. ------------------------------ This is probably the last comment I will post in this thread so I'll be sure to write out anything else I can predict or think about the 2020s, again I may be repeating things but at this point its hard to avoid because I posted quite alot about the 2020s at this point. I definitely agree with :user: that if WW3 were to happen in the 2020s it would be similar to how WW1 started, everything was fine then suddenly everything wasn't and the world fell into further chaos resulting in a world war. Currently I believe that the 2020s will start off with a cautious optimism, the decade where Gen X and Gen Y fully realises that the world is in their hands and they will bring about changes. If I could name a main theme of the end of the 2010s I would say 'youth in protest'. A growing number of young people believe that civilization won't be there when they grow up, they see no point in taking part in a society that they believe will inevitably fail due to climate change. In the 2020s the 'youth in protest' will grow to such a degree that societal values of the 20th century will be rendered obsolete. But where does the cautious optimism comes in? I believe the optimism is the result of hope of a better future as the youth wields more power to make changes. We will likely see a big wave of new famous Gen Z's and who knows what they could contribute to this world? Today(Nov,2019) we can all sense that things are changing but what if the changes of the 2010s are volcanic rumbles compared to the eruption of the 2020s? The 2020s will likely be a social and societal fragmentation, the crossroads of a post-consumerist world. Baby Boomers are largely responsible for the world we live in today, very soon Baby Boomers will lose their power over the world and that power will be passed onto the younger generations who have different values. Most Baby Boomers favor capitalism, a growing number of younger generations favor socialism. Conspiracy theories are a growing trend, due to the upheaval of technology it has become easier to believe in conspiracy theories because what was crazy 10 years ago seems feasible today. I think if everyone starts to believe in conspiracy theories then a lack of trust would become so hard to overcome that the government would have no choice but to allow a degree of autonomy. Allowing autonomy would cause more and more lands to demand independence, most of them will be city states like Hong Kong or Singapore. I can't think of anything else, going to conclude it here.The 2020s would either be the beginning of a new era or a long-winded dying of the present post-consumerist era. The Baby Boomers will recline on their chairs and leave the whole world to Gen X and Y, Gen Z will become adults. I haven't mentioned robots but they will begin to take some of our jobs, which can possibly trigger a neo-luddite movement. WW3 hopefully won't happen, a 2nd Cold War is more likely to happen though. Hopefully there won't be an epidemic like the Spanish flu, in this case it will most likely evolve from a strain of bird flu. Climate change will trigger protests and changes, some fear that its already too late to stop global warming. Thank you for reading, lets make the 2020s as good of a decade as possible. ---------------------------------- reply to user: Yeah I've been getting a growing sense that a British Civil War might happen, last year I could not see a civil war happening but now it seems like a real possibility, today it is easy to figure out why it would happen. I bet not many people in the 17th century civil war wanted it to happen and didn't think that it would happen but you can learn what ended up happening, Charles I got beheaded and maybe Boris Johnson might meet a similar fate.Not a certainty, I can never be certain but its something worth worrying and preparing for. In the 2020s, I think the U.A.E is a possible candidate for a world power and I can see them cutting deals from America and making deals with China instead 'The enemy of my enemy is my friend.'. Imagine if America-UK runs out of energy and oil resources, in this scenario it is likely that U.A.E+China+Russia will own all the remaining deposits by then and we may have no choice but to give up a degree of independence in exchange for some of their oil and energy.Another scenario is the race for the last of the remaining resources that our society still largely depends on, the nation that has the most resources will have the most power and nations that lack those resources will form alliances with them for resources in return.We may possibly see the first super-corporations being established, a very large and powerful corporation that may be the true power behind everything and maybe even more powerful than political figureheads.Those super-corporations may become independent nations that have their own goals and projects, mostly they involve technologies for either saving our eco-systems or to control us. I have once thought about the year 2075, I imagined a huge city (at that time many countries collapsed, civilization largely being left with city-states ran by trillionaires) the city uses mind control technology to maintain order, the A.I is used to help the elites figure out the next best course of action, human clones are used for labor and war, everyone is constantly being watched due to surveillance that will be almost everywhere.The 2020s will be the start of the new world that future generations will recognized as the true 21st century, 2000-2030 will be seen as a transitional period. ------------------------ We are only 2 days away from the 2020s, I am going to post about the decade predictions to avoid the regret of not posting it before the 2010s ends. I will have a bit of closure about my 2020s threads now that I'm doing this for the last time, I might be a bit risky and do my best to make a scenario story for fun even though about half of it will be inaccurate haha, since accurately predicting the future is like trying to fly without wings. But still, some of the predictions I have thought about have already come true even before the 2020s has started, which makes it clear that the world is changing faster than we thought and will continue to increase the throttle. There is already some tension between America and China over trade, at the moment as I write this they have agreed to a truce after a trade war that not many knew about but there is tension and might escalate in the near future, if America attacks another nation again then half of the world will turn against America and will cut all trade-ties with it which would cause America to descend into chaos. In short, America could get sanctioned but other nations will be at risk of being sanctioned if they commit any future acts of aggression. There would likely be more riots and terrorism, there will likely be a much worse refugee crisis caused both by climate change and acts of aggression by ISIS or a nation. There could be more online communities that provide a source of humanitarian relief and charity, some online communities will run on bitcoin(or other forms of cryptocurrency) so that they can afford more resources to help people with.I have once predicted that there will be a mass migration of Christians from North Africa due to Islamic radicalism, well as of 2019 there already are Christians in Nigeria (North Africa!) being beheaded by ISIS so a mass migration from North Africa is very possible, in fact the whole Arab Spring and its neighbors could produce masses of migrants due to the continuous descent into chaos. Out of all the Muslim nations Turkey-Saudi Arabia-Iran-U.A.E appear to be the most stable while others are highly vulnerable, I have a good feeling about U.A.E solely because it has many long-term goals to ensure economic security so I can see them having a good influence on Iran and Saudi Arabia, U.A.E will likely make trade deals with China and China could offer U.A.E military protection thus protecting the U.A.E from Saudi Arabia and Iran since the risk of a war going on in the Persian Gulf is high.Dubai will become a more important city and will become a cultural as well as scientific center, much of its workforce would likely be desperate people from South Asia looking for work. If a new superpower enters world-stage then the West could face sanctions for acts of war against the Arab Spring, especially if the new power is disapproving towards the West, if the West is sanctioned then it will enter a long-term economic depression and could be forced to house refugees.Populism will spread as more people feel like they are living through a crisis, populist candidates appeal to people by presenting themselves as the solution to their crisis. Populism has been on the rise in the 2010s and many people believe that most populist movements have been right-wing, the most common theme of 2010s-populism are anti-immigration and America/Britain first, those populist movements have resulted in Brexit and Donald Trumps presidency.If populism continues to spread in the 2020s then we will see more and more nations implementing anti-emigration policies and we will see them turn away from globalization as they retreat into the concerns of their own nation. The European Union will decay due to countries leaving, the United Nations too will decay as countries start to defy and leave so they can do their own thing, globalization is at a big risk in the 2020s. Largely due to technology more and more people will begin to lose their jobs, and more people will lose their homes to man-made disasters. Self-driving cars will begin to render Uber Drivers and Taxi drivers obsolete, mass-production is becoming more automatic so more people who work in mass-production will lose their jobs, self-checkout machines in shops will continue to slowly render retailers obsolete. Newspapers are dead, and soon TV will be.Nations will be able to provide more resources with robots but there will be less consumers since not many people would be able to afford to buy many things, this would cause a worldwide economic crisis and we are overdue for a 1920s-style economic crash.What will the government do with all those homeless and unemployed people? Universal income will be the most likely solution but it is highly unlikely that many people would live comfortably since they will have to work very hard to survive and you'd have to be very lucky to get a job, in turn people will begin to reject the government and the system, some (hopefully many) people could turn to online communities to support one another and due to the failing economy will turn to cryptocurrency which they use to support themselves. The Sagrada Familia will finally be complete, I think it would be nice to make the wonder of Sagrada Familia the icon of the 2020s. Other projects will be completed as well such as The London Super Sewer, The Giant Magellan Telescope, The Square Kilometer Array radio telescope, a few big bridges (and a tunnel for boats in Norway) and a few new railways here and there. There will be at least a few major space achievements thanks to Elon Musk and some privatized science projects will offer few more major breakthroughs in science, the first manned mission to Mars is scheduled in the 2020s but its chance for success is low due to the many risks and dangers, space junk will become a much bigger problem and will need to be cleaned up before we will never be able to leave the Earth. The mission to Mars would likely be re-scheduled or postponed. 3D printing is expected to enter mainstream which in itself will change many things, 3D printing could even render some shops obsolete because you could print whatever stuff you want at home instead of going to a shop looking for what you want, a creator sub-culture may develop from 3D printing enthusiasts.Vertical farms are expected to be erected for the first time in cities, this trend will grow because agriculture is also expected to fail in the long-run so there is a lot of funding put into vertical farming because vertical farming could replace conventional field farming, in the 2020s however vertical farms will only generate a very small percentage of food and its produce would not be sold in mainstream shops for a while.Lab grown meat will be a new growing trend in the 2020s, but its adoption will be slow due to skepticism and lack of popularity. Will there be wars? Likely more than the 2010s.Because not much has been resolved at 2019 we can expect things to grow more tense, especially since we are all facing an impending global warming crisis and a decline of globalization. Russia and China will become more dominant and influential throughout the world, developing countries will bear the brunt of climate change while the developed countries are increasingly destabilized by the flocks of refugees flooding in, developing countries could be reduced into war-zones like Syria in the 2010s.The trade-wars between America and China could involve other world powers and it could escalate into the 2nd Cold War, with a Cold War there is always the chance of a 3rd World War looming.The west will decay as the western economy worsens, Russia and China would exploit whatever resource they can get with their new influence in a decaying world but their economic growth will be fragile too.China is threatened by the loss of fresh water once the Himalayan ice melts, much of Chinese agriculture is threatened by floods, when the Chinese eco-system fails then you can expect them to attack their neighbours or best-case scenario demand resources from their allies.Russia is threatened by the same thing that will give them economic prosperity, global warming, when the ice melts the methane would doom us all and will also release long-forgotten epidemics into our world, Russia will face a huge refugee crisis coming from the south due to water shortages so you can expect Russia to heavily enforce their borders.European politics will change drastically due to responses from refugees, if Europe refuses most refugees then it is possible that armies of angry refugees could invade Europe in the future.Africa is gaining so much but that growth will not be expected to last due to climate change, water wars reduce some areas into anarchy like Libya in the 2010s, Nigeria-Ethiopia-South Africa would likely be the most prosperous countries of the continent, the African countries that are developing would likely begin to adopt the same lifestyle as the West is living like eating fast food and being online all day long. I do not know much about South America but some parts appear to be on a verge of political change and turmoil, I do believe that they are at risk for water shortages due to melting ice in the Andes, I can't see them stopping the destruction of the Amazon so that will be ongoing. South America will grow economically but like the rest of the world it will be a highly vulnerable growth.Australia will continue to be burnt alive by wildfires, we should start seeing more and more Australians moving to colder areas such as Tasmania New Zealand and Britain. Indonesia will continue to destroy their rain-forests to make money out of palm oil, don't know what their political situation would be though but would most likely go down the capitalist path. All in all the 2020s will be a time of disruption, the pace of life will get faster and faster, fake news and deep fakes will spread, misinformation will be rife, as the internet spreads and becomes more disruptive more restrictions will be put on the internet, because we are growing more dependent on technology cyber-attacks or power-cuts could bring us back to the late 20th century, people will grow more scared and desperate and may turn to drastic courses of action if said course of action is the only solution.We are at risk of antibiotic-resistant bacteria and bird flu, obesity and depression will become a bigger burden than it already is, transgender people will be the new normal as people are now coming out as transhuman, in some parts of cities driving a car could be banned because of driverless cars replacing transportation in some city centers, cars are switching to hybrid/electricity as electric car plugs appear in many built-up areas, more and more people have had their DNA stored into a database and I can't say for sure how this data will be used. Online communities give me hope, and I hope that online communities become so rich with cryptocurrency and popular that when the decaying society that thrived in the 20th century fails we got the new online society to fall back onto and rebuild a new society from scratch instead of trying to rebuilt a society that failed us. I wish us all the best of luck. --------- reply to user: I think you are definitely right about 2020 Britain being pretty much the same as 2019 Britain except that it could get worse especially since the NHS is in the process of being privatized which sucks for me too because I am a Type 1 Diabetic, I am inclined to think that Boris Johnson will resign in the near future just to be replaced by another equally unqualified/unpopular Tory. I am going to be a bit controversial and biased but I want to blame Democracy for the situation that Britain is in right now and I want to explain why I am skeptical towards Democracy.So the idea of Democracy is to get the public to choose who becomes the leader and its down to the public to make that important choice, but many people do not want to run the country and many people do not know what is best for their country.In a Democratic society the best way to win a vote is to promise the public everything and appeal to them, you don't have to be good at politics to win and you don't have to tell people of your true intentions all you have to do is lie and be charismatic. Politicians probably hire professional psychologists to trick people into voting for them because they know how to trick the system to get them into the position that they both don't deserve or are qualified for. Its no wonder why Politicians are losing their efficiency, they do it as a job because many politicians do not need to be good at running a country to become the leader and like I said they just need to know what the people want to hear and to put on a charismatic face.I believe that running the country should be reserved for those who want to run the country and have the countries best interest at heart, it should be reserved for professionals who know what they are doing and have had years of training as well as experience. In a Democracy if you get two candidates, one is a businessman who is very charismatic but only knows about business, the other one is a ex-Sergeant who has had 20 years of experience in the administrative field but he is not as charismatic. Even though the Businessman is less qualified he will win because he is charismatic and knows how to trick people into voting for him instead of the professional, repeat this process and you'll end up with a very ineffective government or circus full of charismatic millionaires who trick and lie to the public to maintain their lofty position in society. And that is probably how Britain ended up with the government it has, people have been lied to and people don't know who is best for their country so we end up voting for the wrong people or get tricked into believing that Democracy is the best form of government.Sadly Democracy will put Britain(as well as other nations) at risk of a power hungry Populist who will present him/herself as against the present government and will use his/her charisma to appeal to us to make us believe that the Populist is the solution to all of our problems caused by the government, but once the Populist gets elected s/he will show his/her true colors and the public will soon regret their vote.This process will keep repeating itself while we have Democracy, I believe that its not working and maybe we are better off leaving our politics to the professionals elected by professionals. I also want to thank you for all the replies you posted on my 2020s posts, they have helped keeping the 2020s posts alive. Again, thank you. --------------------- reply to user: Not only that but many people are also misinformed because Democratic candidates lie and be all fake to get votes and on top that they also spread rumors about other candidates or pretty much anything so that they'll get more votes, its bad because not only many people already don't know what is best for their country but they will find it very difficult to know for sure what will be best because of all the lies and misinformation. --------------------- reply to user: Its scary that some people out there actually believe that Jeremy Corbyn is anti-semetic, its such a ridiculous and desperate accusation just to make Jeremy Corbyn look bad and lose. And its scary because if people actually believe those bogus anti-Semetic accusations then it just shows how much the media controls us all.Donald Trump is indeed right about journalists and fake news being an issue, but I think the reason why journalism is such a joke in America is because it is privatized and they are becoming desperate so that they can survive kinda like 'IT' from the Steven King novel.Capitalism and privatization can corrupt journalism because capitalism makes journalism more about money and getting attention so it degenerates into what it currently is, but Donald Trump is very capitalist, which could mean that Donald Trump is a cause of journalism gone wrong and he is getting backlash from the world he helped to create whether he knows it or not. Journalism does need to be regulated, especially now we are becoming fully aware of how powerful mass media can be. I could be blaming capitalism because of mass media and it could turn out that capitalism isn't to blame after all, but I still believe that its probably best for journalism to just focus on entertainment and to leave actual news to a more professional environment where the professionals highly focus on telling the people about unbiased truths. ------------------------------
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