Brief Intro to Economics
**My 1st Encounter to Economics**
**Hello this is me again Jean Karl**
**As a student, I have this kind of subject Economics, wherein according to our discussion it is a social science concerned with the production, distribution, consumption of goods and services. Imagine before, I thought this subject was not for me or not even related for the dream job I want to become. I really got bored and fell asleep, but I was wrong because as I grow older I become more aware of how important this subject is. It teaches society that values are subjective, meaning to say people have different tastes and preferences and people value things differently. The way to know what something is worth is to say what it is worth to someone. All items maybe you own have economic values or let say a measure of benefits from goods,because people desire them for one reason or another. To sort it out, economics is for everyone.**
**Economics is something fun to learn!**
***Let me know your suggestions and your perspective about economics****😁*
***I'll be posting more related to tackle the importance of Economics***
***Thank youu my fellow subscriber and friends I love youu all Read Cash Family***
***Happy 10,000*** *❤️*
A little reminder
My cousin told me, "You will not always be the smartest person in the room, and you will not always be the strongest or the funniest or the most talented. But you can always be brave and you can always be kind, and these are things you should be every minute of every day for the rest of your life. Because yes, those are the things, they're great things." But these things are better. Good day everyone!❤️☁️
My First Week Journey on Read Cash✍🏻
Hello Everybody☺️❤️
A short story of how I became a member of this platform, well a friend of mine sent me a link of this platform and asked me if I am not busy and if I want to gain extra money, and ofcourse I did not hesitate to try it out. At first I have doubts kinda scam just like any other online monetization, but luckily it was not the same thing I thought.
***Read cash is a tool that helps me learn so many things in life and at the same time you can gain extra money, enough for me to help my family financially. Thank you Read Cash❤️***
*You can follow him, the one who helped me one this platform, he is my classmate too*❤️
https://read.cash/@Bitraph/introducing-bitcoin-cash-logo-made-of-tarpapel-posted-in-our-sari-sari-store-da684f67
The transactions of my First Week Earnings❤️❤️
Don't forget to follow me if you have the same interests as mine and I will follow you too guys❤️
I would like also to thank my fellow subscribers and sponsor for the advices and upvotes😭❤️
Keep Safe Everyone| God Bless
If you want to share your thoughts and suggestions just leave a comment below, lovelots❤️
Happy Birthday To Me!☺️❤️
Today is my birthday and I just want to thank God for adding another year to my life. Happy birthday to me.❤️🎂
My journey so far in life has been amazing, and a rollercoaster. More than anything, I wish myself more grace, more prosperity, more happiness and more years ahead. I hope this birthday brings to fulfillment, all my dreams and heart’s desires. I have worked too hard to get this far and God has truly lived up to his promises.
Salamat sa lahat ng bumati, at babati. Sa mga nagmamahal saakin, sa pamilya ko, sa mga kaibigan at sa Panginoon. ❤️
My Different Handwriting✍🏻
Which one do you like? Hehehe
Thank You So Much
I love youu all❤️❤️❤️
My Photography
Sorsogon City, Philippines ❤️
Keep Safe Everyone☁️❤️ One of my favorite hobby is taking photos❤️
Some of my Arts❤️❤️❤️❤️❤️❤️❤️❤️
I'm not a pro but I love Arts so much❤️
Thank you
I am so happy that most of the people using this platform are so generous not just by giving you upvotes, giving you tips, but most importantly the feeling of being not alone here, I become comfortable talking to some strangers in the comment section and become their friends. Thank youuuu😭❤️
Bitcoin Cash (BCH) Price Prediction for 2020, 2021, 2025, 2030
It is very hard to make a price prediction for such a volatile market. It isn’t enough to conduct a technical analysis. But why? To understand this, you need to look at human psychology and follow the latest news about all top cryptocurrencies.
Firstly, the prices depend on Bitcoin. As it gains strength, it rushes swiftly onto the market and stimulates growth. Contrariwise, it also generates a decrease for all coins. Why does this happen? People think that Bitcoin determines the nearest future of the market.
Next, most cryptocurrencies are interdependent with negative dynamics and relatively independent with positive ones. When the market falls, all currencies lose their price, but during a massive rise, each index grows individually.
Other influential factors are:
latest news;
investments from well-rated companies or persons;
productivity of miners;
the attitude of different exchanges.
Reference: coinzev.com
Bitcoin vs. Bitcoin Cash
**Bitcoin vs. Bitcoin Cash: An Overview (By** **NATHAN REIFF** Reviewed By SOMER ANDERSON **)** https://www.investopedia.com/contributors/54684/ https://www.investopedia.com/somer-g-anderson-4799773
Since its inception, there have been questions surrounding bitcoin’s ability to scale effectively. Transactions involving the digital currency **bitcoin** are processed, verified, and stored within a digital ledger known as a **blockchain**. Blockchain is a revolutionary ledger-recording technology. It makes ledgers far more difficult to manipulate because the reality of what has transpired is verified by majority rule, not by an individual actor. Additionally, this network is decentralized; it exists on computers all over the world. https://www.investopedia.com/terms/b/bitcoin.asp https://www.investopedia.com/terms/b/blockchain.asp
The problem with blockchain technology in the **Bitcoin** network is that it’s slow, especially in comparison to banks that deal with **credit card transactions**. Popular credit card company Visa, Inc. (**V**), for instance, processes close to 150 million transactions per day, averaging roughly 1,700 transactions per second. The company's capability actually far surpasses that, at 65,000 transaction messages per second. https://www.investopedia.com/articles/forex/042315/beware-these-five-bitcoin-scams.asp https://www.investopedia.com/articles/forex/042215/bitcoin-transactions-vs-credit-card-transactions.asp https://www.investopedia.com/markets/quote?tvwidgetsymbol=v
How many transactions can the bitcoin network process per second? Seven. Transactions can take several minutes or more to process. As the network of bitcoin users has grown, waiting times have become longer because there are more transactions to process without a change in the underlying technology that processes them.
Ongoing debates around bitcoin’s technology have been concerned with this central problem of scaling and increasing the speed of the transaction verification process. Developers and cryptocurrency miners have come up with two major solutions to this problem. The first involves making the amount of data that needs to be verified in each block smaller, thus creating transactions that are faster and cheaper, while the second requires making the blocks of data bigger, so that more information can be processed at one time. Bitcoin Cash (BCH) developed out of these solutions. Below, we'll take a closer look at how bitcoin and BCH differ from one another.
**Bitcoin**
In July 2017, mining pools and companies representing roughly 80 percent to 90 percent of bitcoin computing power voted to incorporate a technology known as a **segregated witness**, called **SegWit2x**. SegWit2x makes the amount of data that needs to be verified in each block smaller by removing signature data from the block of data that needs to be processed in each transaction and having it attached in an extended block. Signature data has been estimated to account for up to 65 percent of data processed in each block, so this is not an insignificant technological shift. Talk of doubling the size of blocks from 1 MB to 2 MB ramped up in 2017 and 2018, and, as of February 2019, the average block size of bitcoin increased to 1.305 MB, surpassing previous records. By January 2020, however, block size has declined back toward 1 MB on average.The larger block size helps in terms of improving bitcoin’s scalability. In September 2017, research released by cryptocurrency exchange BitMex showed that SegWit implementation had helped increase the block size, amid a steady adoption rate for the technology.
https://www.investopedia.com/terms/s/segwit-segregated-witness.asp?ad=dirN&qo=investopediaSiteSearch&qsrc=0&o=40186 https://www.investopedia.com/tech/what-segwit2x/
**Bitcoin Cash**
Bitcoin Cash is a different story. Bitcoin Cash was started by bitcoin miners and developers equally concerned with the future of the cryptocurrency and its ability to scale effectively. However, these individuals had their reservations about the adoption of a segregated witness technology. They felt as though SegWit2x did not address the fundamental problem of scalability in a meaningful way, nor did it follow the roadmap initially outlined by **Satoshi Nakamoto**, the anonymous party that first proposed the blockchain technology behind cryptocurrency. Furthermore, the process of introducing SegWit2x as the road forward was anything but transparent, and there were concerns that its introduction undermined the decentralization and democratization of the currency. https://www.investopedia.com/terms/s/satoshi-nakamoto.asp
In August 2017, some miners and developers initiated what is known as a **hard fork**, effectively creating a new currency: BCH. BCH has its own blockchain and specifications, including one very important distinction from bitcoin. BCH has implemented an increased block size of 8 MB to accelerate the verification process, with an adjustable level of difficulty to ensure the chain’s survival and transaction verification speed, regardless of the number of miners supporting it. https://www.investopedia.com/terms/h/hard-fork.asp?ad=dirN&qo=investopediaSiteSearch&qsrc=0&o=40186
Bitcoin Cash is thus able to process transactions more quickly than the Bitcoin network, meaning that wait times are shorter and transaction processing fees tend to be lower. The Bitcoin Cash network can handle many more transactions per second than the Bitcoin network can. However, with the faster transaction verification time comes downsides as well. One potential issue with the larger block size associated with BCH is that security could be compromised relative to the Bitcoin network. Similarly, bitcoin remains the most popular cryptocurrency in the world as well as the largest by market cap, so users of BCH may find that liquidity and real-world usability is lower than for bitcoin.
Your Knowledge about BCH and Crypto Currency
Good day everyone! I hope you are all safe.
I am newbie here in this platform and I just want to know your brief knowledge and how this BCH and Cypto Currency works. I love to hear all of your suggestions, your motivation in that topic. Thank youu!!!
Good day to all!
I just want to remind everyone to be safe at all❤️xoxo
2020
The coronavirus started as much less of a real threat than it is now. I think it’s fair to say that most of the country was not worried about how it might affect us when we first heard about it. Now that it is in full swing in the United States and all over the world,we are all now well aware of how much of a threat it is. Our life has been completely uprooted because of the virus. 2020 made us realized the importance of our lives.
Skin Deep
As our gaze met
Your cheek was painted red
Like the sky during sunset
You look so beautiful, a voice whispered inside my head
As I stare at your face
Your every feature I cannot help but trace
You are like a work of art
Causing thunders Inside my heart
As I looked through your eyes
I remember the stars in the night skies
You are like one of the unexplainable things in the universe
Slowly indulging me in a curse
As your lips curved and you smiled
I felt warmth, I was captivated
You are like the flowers that grow in the wild
Beautiful yet unappreciated.
4th of July
Independence gives a nation the right to decide its own fate. Whether that fate will be good one or a bad one depends on the vision of the leaders who led the nation to liberation and then took on the role of governing body. As they say, ‘Staying free is harder than becoming free’. Happy 4th of July
To You
Trust the universe and the plan it has for you, even when things are not going according to plan. Everyone struggles, the only difference between those who are happy and successful is that they never quit, just like YOU!"
Pandemic Life
Poverty, wars, politicians, politics, power, are just some of the words that killed so many dreams around the world not because of the Coronovirus but because of the people. Lack of everything we need in this pandemic time, how can we able to survive? I hope that this is not the end for us to make our world a better and safe place for everyone. I hope that someday we could finally say we survive, and become a better version of our selves. Pandemic life thank you.
@imjeankarl
