Minia

A shining star rose in 2009 when Real Madrid showed huge potential from the Man United. A deal that broke the world record of €94 million at that time Cristiano Ronaldo brought huge success in Real Madrid.  He became the club’s all-time leading goal scorer with 450 goals in 438 appearances. He won four more Champions League titles with Madrid, as well as two La Liga titles and two Copa del Rey titles.

Some of the best timelines for Cristiano Ronaldo's Career

Scoring a hat-trick against Sweden in the 2014 World Cup qualifying play-off to send Portugal to the finals3.

Scoring an overhead kick against Juventus in the 2017-18 Champions League quarter-final, which earned him a standing ovation from the home fans

Winning the Euro 2016 final against France despite being injured in the first half and cheering his team-mates from the sidelines

Scoring four goals against Lithuania in a Euro 2020 qualifier to become the second-highest international goal scorer of all time

Scoring two goals against Ireland in a World Cup qualifier to break the record for the most international goals by a male player

Binance & Cristiano Ronaldo

Source: Binance NFT

The world largest and most trustworthy exchange entered a partnership with the world-famous athletic star, Cristiano Ronaldo bringing many to discussion and confidence. As we know it today, was born in 2017. The exchange grows to be the largest and most trustworthy exchange even Cristiano Ronaldo put a huge trust in CZ and his team. Recently Binance launches a collection of Cristiano NFT to showcase his success and the work he has done.

Don't miss your chance of owning one a piece of the best football players in the world with the only place that you can own is on Binance. Head over to the Binance NFT here

https://www.binance.com/en/nft/event/forevercr7?ref=FOREVERCR7&utm_source=BinanceTwitter&utm_medium=GlobalSocial&utm_campaign=thecr7nftcollection2

Thank you for reading and if you have any questions feel free to comment below. I'm happy to answer or even help you to understand Binance NFT if you want to learn more.

#Cambodia #influecer
Boysamoun, aka, V a well-known Cambodia crypto influencer could face legal action, while Binance continues to promote his activities.

Promote of $DOP Presale
End of 2023, and early 2024 V had actively engaged in a $DOP token presale. Following his announcement on his Facebook page telegram channel, and YouTube (Later deleted his $DOP presale videos) many Cambodian people started to believing and invested heavily in this presale coin.
The presale price had multiple rounds starting from 0.01 to the final round of 0.089 per token. He continued to promote these token sale rounds and continued to earn a sum of commission from the DOP team (roughly 100-150ETH in return).

The $DOP Listing Disappointment
After multiple rounds of pre-sale and a promise to launch its token in Q1, the DOP team didn't deliver that promise. Coming to the end of Q2, with a lot of pressure from community members and pre-sale investors, DOP finally listed on multiple exchanges such as Bybit, Kucoin, etc on the 5th of July 2024. The listing announcement congrats from pre-sale investors, but the listing price prompted a huge disappointment.

According to AKHAM Intelligence, the DOP team raised more than $300M from pre-sale, yet the listing price was much lower than those who bought pre-sale. The top pre-sale price was 0.089$/token, while the listing price was only 0.016. At the time of this writing, it is down more than 40% to only 0.008$/token making many investors loss.
According to some sources, some Cambodian investors who bought pre-sale from his promoting faced huge debt problems and family problems. There is also a lot of hate toward V, or Boysamoun that Binance should consider why should continue working with him?
Binance Blockchain Week Invitation

Boy Sa Moun, aka, V announced that Binance will invite him to the Binance Blockchain Week in Dubai which is ridiculous considering that he had no responsibility for his community and made many people lose and hurt. This should stop especially if Binance wants to maintain its reputation.
Consequence
His actions lead to many people's hurts and loss. The total amount loss to $DOP Pre-sale from Cambodia is estimated around $5M from Cambodian investors. His action will not go unnoticed. He will face legal consequences sooner than expected.

⚠️What is US Debt Ceiling?

The US debt ceiling or in short debt is the amount of money that the country borrows to provide expenses and build infrastructure. The term debt ceiling represents the limitation of the amount of debt that a country is unable to pay its investors. Most of the time, the US debt ceiling is almost reaching its limit, yet, the government continues to raise it until 2011 when the US was downgraded to AA from a triple-A rating. This downgrade represents the risk of a country that is unable to pay back the loan, as for the US it's cited that because of political risks and rising debt burden. 

❗How did the US Debt Ceiling Occur?

According to the report by Vox News, the US debt in 2021 reached nearly $29 trillion. The country was taken into debt because it needs money to spend more on wars, recession, or the pandemic Covid-19. The treasury department is the one who is responsible for managing expenses and collecting taxes. However, due to more expenses than tax, the country must decide to take more on debt or borrow from another country to meet those expenses. 

✍️How does the US borrow from other countries or loans?

The US borrows money or taking on debt by issuing bonds. For example, an investor invests in a 30-years bond at a locked-in 2% interest rate. Every year the treasury of the United State send that investor $20, a part of interest-earning. And after 30 years that investor can cash out the bond and get his $1,000 back. 

The question is why do people invest in a slow and low interest-rate US bond?

The answer is: "The safest in the entire investment vehicle".

Currently, 36% of the US bond manages by American & American companies. While the largest part, 40% owned by the US federal government. The last portion is owned by foreign countries and investors.

Of all the largest countries, the US debt is standing at number 4 after Italy and Greece, while Japan has the highest number of debt among all the countries in the world.

Debt as percentage of GDP: Source Vox

Is it bad or good when one of the largest economies, the USA faced a debt ceiling?

The answer depends on how the country with the highest debt spend on that money. There is no one answer that fits this question, but if the country that has the highest debt spends its correct ways, it can give both pros and coin. For instance, when there is a panic or emergency, of course, the US should borrow more money. However, if the economy is good and prosperous, the US should consider trying to return back their debt.

What do you think about the US Debt ceiling? Do you think in the future the US faced the problem of default? It means being unable to pay back investors. Comment your thought below and don't forget to like and share with my post.

#USDEBT #USA #Crypto #Lady_Of_Krypto