El Salvador holds less than 2% of its reserves in BTC, they hold more GOLD than BTC. People are spreading the false narrative that they are recklessly gambling with people's money. 2% allocation is a decent risk:reward. Even Fidelity allocates 2% to BTC in their flagship Balanced Fund.
Yeah, I live in the UK, so don't have to pay for healthcare. Not exactly a 3rd world country... https://www.rightmove.co.uk/properties/116064113#/?channel=RES_BUY I don't know the exchange rate, but you could buy like 10 of these. I used to live a street away and paid £450 per month 10 years ago. Families live on a lot less round here. I was perhaps a little facetious suggesting retirement, but you could definitely afford a holiday.
This is the great thing about RES. You just need to tag idiots once and you can quickly spot them in the future. You are complaining about getting downvotes in a sub but tou conveniently left out the part where tou acted like a douche. Deal with it.
**[automaticNightMode](#res:settings/nightMode/automaticNightMode)** -- (#gear) [RES settings console](#res:settings) > Appearance > [Night Mode](#res:settings/nightMode "nightMode") > [automaticNightMode](#res:settings/nightMode/automaticNightMode) Enable automatic night mode. In **automatic** mode, you will be prompted to share your location. Your location will only be used to calculate sunrise & sunset times. In **user-defined hours** mode, night mode automatically starts and stops at the times configured below. For the times below, a 24-hour clock ("military time") from 0:00 to 23:59 is used. e.g. the time 8:20pm would be written as 20:20, and 12:30am would be written as 00:30 or 0:30. By choosing **system preference**, night mode is enabled only when the browser or OS indicates that a dark theme is preferred. To temporarily override automatic night mode, manually flip the night mode switch. Configure how long the override lasts below.
Depending on how you browse reddit you can filter out some flairs or words in the title, on Desktop RES (Reddit Enhancement Suite) allows you to do so, and on mobile i can do it on either Apollo or Sync for Reddit. Only issue i have is that since you rely on an extension / application, it is not binded to your reddit account so you have to set it up for each app you use.
> You went through my post back 18 months? How long did that take you? sad loser. lol, no. I have a RES plugin which tracks reddit users that ive interacted with in the past. It provided me with the link next to your name so, about 1 second? >Yes there is no cryptography involved in transferring xrp. Sad to see you're still this uneducated. >Xrp doesn’t even have a block chain you cretin Blockchain is one word not two. Can you be specific as to what makes XRP Not have a public record of transactions which are maintained across several computers linked in a peer to peer network? (Quite the tiny box you've put yourself in) >how this scam has been allowed to piggy back off the block chain revolution I don’t understand. Blockchain is one word, now I know its not a typo you just legit don't know what words you're using.
Post is by: CryptoNewsUpdates and the url/text [ ](https://goo.gl/GP6ppk)is: /r/CryptoCurrency/comments/tetnjq/monthly_news_summaries_march_15_2022/ Welcome to the Monthly News Summaries thread. The purpose of this thread is to consolidate periodic news summaries into one place for the convenience of our readers and give contributors better visibility. --- ###RULES & STRUCTURE All r/CC rules apply. Only approved contributors are allowed to make top-level comments, ie summaries. Summaries will be sorted by contest mode. This thread will posted on the 1st of every month at 12PM CST and pinned once a week if an open slot is available. ###GUIDELINES Contributors can submit summaries on news articles, coin prices, sentiment, or any crypto related subject. Contributors post content at their earliest convenience. Therefore, it may be advantageous to use the RES extension to subscribe to this thread and find out when content is posted. ###APPROVED CONTRIBUTORS: * u/itachiwriting * u/samuel19xd * u/RaphizFR ###RECRUITING CONTRIBUTORS If you have a new type of summary and want to become an approved contributor, submit an application in r/CryptoRecruiting. In your application, ignore most of the questions pertaining to mod recruiting. Simply state what your background is, how much account age and karma you have, and what your news summary will be about. Providing a small preview for your summary will be helpful. If your application is not approved, you can do your own weekly news summaries as a separate post. *** Please be aware, this thread is experimental and a work in progress. Expect future changes. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/CryptoCurrency) if you have any questions or concerns.*
thank u RES. i use a desktop. i can copy/paste anywhere within my OS. however when i try to C/P into reddit i cant. i get no response or error. it just wont do it. so can u C/P into reddit. either comments or replies. i cant but id like to. im not willing to change my set up so i can deal with it if i have to. but id like a solution. i will reply with what im using if you think it would help. thanks again..
Do you get paid to write this dog shit? I don’t even have you tagged on RES, you’re just everywhere spreading misinformation about Ripple. Should I expect you in the next thread even mentioning XRP? Show me where Ripple hurt you.
El Salvador has [$3 Billion in reserves](https://data.worldbank.org/indicator/FI.RES.TOTL.CD?locations=SV). $66 million in Bitcoin means that 2.2% of their holdings are in Bitcoin. This $1.3 Billion loan would be fully backed by reserves even if Bitcoin goes to 0 tomorrow. So why is the IMF pressuring him on the Bitcoin issue? It's not about fiscal stability.
I blame... the Reddit redesign. Both the Reddit app, and the "non-old" web, have messed with content discoverability in an extreme way, highly rewarding posts and comments that get "hot" or upvoted quickly, while **hiding everything else!!** 😬 For most people, who don't use alternate apps, don't use the "old Reddit", and don't use RES, it's almost impossible to reach the "long tail" of content to even *begin* upvoting it. This gets worse the more people follow a sub: once a post or comment becomes visible with a few initial votes 👍, Reddit will start hiding competing content🔅, meaning people will vote the visible one even more ✅✅, in a feedback loop 📈 that makes any other content unable to compete.💀 That's why popular subs doe, they become great for ad engagement🏁💲, and completely useless as discussion forums.🙈🙊
[El Salvador holds just $70m worth BTC](https://bitcointreasuries.net/). This is literally nothing for a country. They hold 1691 BTC, in comparison , Microstrategy and Tesla hold over 120,000 BTC and 40,000 BTC respectively. [El Salvador's total reserves is $3.3 BN](https://data.worldbank.org/indicator/FI.RES.TOTL.CD?locations=SV) https://tradingeconomics.com/el-salvador/foreign-exchange-reserves Less than 2% of their reserves are in BTC. [El Salvador holds more in GOLD than in BTC](https://timesofindia.indiatimes.com/business/cryptocurrency/bitcoin/bukele-reveals-el-salvadors-gold-reserves-and-benefits-of-bitcoin-over-gold/articleshow/88142021.cms) They hold $79m worth GOLD and $70m worth BTC> You are making it out as if he has moved the entire reserves to BTC, when infact he has just been making small purchases over time. He literally bought like 2 BTC in the end of Dec. Peanuts for a country. Moreover, they are mining BTC now and this is slowly going to add to their GDP. All of you want Bitcoin/ crypto adoption (im assuming thats why you are on a crypto sub in the first place), but the first time someone.. anyone takes a step to adopt BTC, you go all out to attack what they have done. What did you think Bitcoin/ crypto adoption would be like? Do you believe one fine day everyone across the world will just start accepting bitcoin as tender, without any fight? And just like that crypto will be global currency? Someone has to take the risky steps to move towards making crypto a legal tender. > He is not the one who will suffer tremendously if BTC continues to fall, his people will This is objectively wrong. First of all, risking 2% of their reserves is a decent risk: reward strategy. More over, go read about El Salvador coups in its history. If there is a collapse, he will be taken down and either sent to a jail for a long time or worse be sent to the guilotine. Its not unheard of in that countyr, its pretty much the norm. For instance the El Salvador president from 2015 is already in jail for a number of reasons.
Aight thanks for that info, and since we can get this info from an external service like ccmoons or redditspace as you've linked, then there's a chance that this feature may be added into RES. There's hope ! Thanks for the info my dude
Not much. Most recent data hows El Salvador to have a National Reserve of slightly over $3B. https://data.worldbank.org/indicator/FI.RES.TOTL.CD?locations=SV They hold a total of 1220 BTC worth around $70m in total, or $0.07B. So around 2% of their total National Reserve is in BTC.
Bitcoin is a peaceful and constructive protest and seeing and understanding it as that places you in a far stronger position if buying in to hold Bitcoin and be part of the solution. Those solely and cynically attracted by selfish greed are far more likely to bail out on dips and lose big time and Ive seen it happen plenty! They do not understand or believe Bitcoin presents a potential solution or even recognise the problem it seeks to solve. My discovery of BTC was like hell yes I want in! - finally there is something that might be able change or at least disrupt the fucked up corrupt fiat debt slavery bankers cartel capture of our wealth and politics. There is no guarantee of ultimate success- the FED RES bankers and CCP are no slackers, but so far Bitcoins success in highlighting the nature of the problem and providing a viable, practical and evolving solution, and HOPE, has been incredible. Like all contests it is as much about hearts and minds, as territory - and there is a lot at stake. The gross display of cynical selfish greed that is implicit in many comments/posts shows there is still a long way to go.
Yeah I agree, I have to use RES to filter out a lot of these type of posts to make the subreddit usable, like if you hide the "card" flair then you won't see everybody posting pics of their visa card in /r/Crypto_com which is like half the posts on there lol.
El Salvador and many other nations who lack sound money. Bitcoin as already implemented in El Salvador provisions SOUND MONEY to any nation that chooses to adopt. Yes the fat debt slavery cartel led by the secretive bankers who own the US FED RES will resist adoption as will the CCP who wish to introduce their own global monetary hegemony... But Bitcoin uniquely provisions sound money with a string SoV basis and practicable MoE implementation via Lightening.
> Bitcoin makes this possible and minimizes environmental cost of said plant. How? That's not a condescending question, I'm genuinely curious why and how you think bitcoin minimizes the environmental cost of coal power plants. The usual setup is having the coal power plants run constantly to cover the base load and using the more flexible power plants (gas, solar, wind) to cover the peaks. The MWs from coal are steadily generated and there's really not much room for efficiency improvements. Of course they're not usually run at max capacity but if you were to do that (e.g. to mine BTC), you'd have to be mining more coal and that doesn't really make it any more efficient or less environmentaly demanding. Quite the opposite. > And why would you not expect them to build renewables? Might have added "in the near future". Unstable infrastructure of TSOs and undeveloped storage and control systems for intermittent power sources are to blame. I've been helping conduct Smart grid investments via P/E fund in Bangladesh and not only is the country extremely underdeveloped for RES implementation, it's also fairly difficult replacing the current infrastructure (governmental agenda, setbacks, competitive landscape). I'd imagine the same case for other 3rd world countries.
Just because new solar is cheaper doesn't mean that coal isn't cheap (i.e. my original claim about your data and the actual claim of op). Furthermore, 3rd world countries' energy mixes tend to be heavily skewed towards fossils (e.g. Bangladesh has 3% of energy capacity generated by RES) and you can't expect some dramatic changes in that regard. > While it is cheaper to build renewables when considering a new plant, that metric doesn’t necessarily apply to running a fossil fuel plant that already exists, explains Ashley Langer, an energy economist at the University of Arizona. Sometimes, she adds, the regulatory structure of utilities actually makes it more profitable to keep a coal or natural gas plant running.
Can't buy it with my IRA on Merrill? >Trading of this security is generally not permitted on the Merrill platform. This order for a low priced security and/or for certain other securities has been blocked due to specific restrictions. (RES_CHK_RIT_ERR_RES_VAL) >This security is currently blocked and cannot be traded at Merrill. (RES_HH_DQ_IND_NOT_A)
First of all, congrats for taking steps to spend less and save more to invest in your future. Not a dig at yourself or anyone in a similar position as you, but posts like yours and other similar ones I've seen in the past really illustrate how true [this commenter](https://np.reddit.com/r/CryptoCurrency/comments/qahn0h/you_want_actually_unpopular_opinions_here_we_go/hh365s3/) was in a thread earlier today. RES showed me that I had upvoted posts of yours in the past, and I went back to check which thread I upvoted and found a handful of other ones offering good advice. If your idea of cutting costs involve avoiding junk food/designer clothing then I'm assuming 1. your living expenses are already extremely cheap to begin with, and 2. You're under 18, right? Also possibly not even of an age where you can work a job? This isn't meant to gatekeep, but I find it so strange how all these types of posts seem to happen when the market is overly enthusiastic, and not when things seem like they're tumbling down. In your case, you say you've been DCA for 5 months, yet even with a 50% drawdown in the market, your eth holdings were only 0.06 and used scholarship money for the remaining amounts. There's been more and more posts like these and with the crypto fear/greed index reaching new heights, it feels like there's going to be a lot of people burned and not ready to handle what a serious 90% drop looks like.
>Whilst I’m having a moan, the 500 character thing on new posts is awful too and we need a character counter for the app. Still can't believe this is missing from normal reddit. I use RES and it tells me that right now I am at 235/10000 for my comment.
It seems that your comment contains 1 or more links that are hard to tap for mobile users. I will extend those so they're easier for our sausage fingers to click! [Here is link number 1 - Previous text "RES"](https://redditenhancementsuite.com/) ---- ^Please ^PM ^[\/u\/eganwall](http://reddit.com/user/eganwall) ^with ^issues ^or ^feedback! ^| ^[Code](https://github.com/eganwall/FatFingerHelperBot) ^| ^[Delete](https://reddit.com/message/compose/?to=FatFingerHelperBot&subject=delete&message=delete%20hetoyrq)
https://np.reddit.com/r/SafeMoon/comments/prj3pf/can_someone_please_try_and_explain_how_there_are/hdj0c09/ This is a fun comment thread to observe. Steezceez has been labelled as "Safemoon cultist" for some time now on RES and here he is right on time to earn his nickname all over again! "This has been debunked!" "Got a link?" "OMG! Why must I do everything for you!"
Wow it's not that bad over here. Our average house price is about £250,000 (although you won't get anything particularly nice for that anywhere near a city). However our average salary is about £30,000, and for people in their early-mid twenties you're looking more at £20-£25k, so effectively they're wanting you to save a 20% deposit (£50k, or two full years of your salary) for a house that was likely built in the 60s, and looks like [this](https://www.rightmove.co.uk/properties/112451039#/?channel=RES_BUY).
I’m using RES on my laptop so it doesn’t show me moon count at all which is annoying. So I opened up an incognito page just to take a look at his moon count because of these 2 comments. Wasn’t disappointed, thoroughly intimidated!