Lucky for us there are more choices than your two. Like a third option:
c) A blockchain where we allow monetary transfers to be recorded on and reject malicious transactions trying to abuse it as cloud storage. Like when we reject any transaction containing more than 1 OP_RETURN output (for many years).

And up until the malicious Ordinals Attack everyone had signed up for option c and I don't see any indication of people having changed their minds.

It is the works of the Ordinals Attack.
What you see here has been the biggest problem with the latest attack, it has succeeded in providing an incentive for regular people to attack the network without knowing it. All out of greed.

They basically created a fake market where scammers create garbage and sell it to newbies who think they can make a profit. Because that garbage (the Ordinals) has a separate value in that market, the newbies don't mind paying a high fee on-chain to transfer that garbage around trading it for possible profits.

This makes things difficult for normal bitcoin users wanting to send bitcoin transactions since a spam attack with incentive to spam is going on.

The equation has finite solutions since we are working in a finite group (eg. 0 to UInt32 max) and the values you posted (x=5 and y=5) is a collision not the solution to the problem which was "reversing" the operation. Also finding a collision would render the hash function weak (not useless, or rather useless for specific use cases not everything).

India has a LONG way to go in order to replace China and it definitely is not YET the "economic leader".

However, what may happen in the future is that as China moves more into the high tech productions and as the Western problems with China grows, they start moving some production to India considering that the Western countries are not capable of producing any of these things domestically. That would give India an edge.
We all know that this itself is a big problem for India because unlike normal countries, the Western countries see any kind of economic growth as a threat! After all that is why they have problems with China. So we can already predict that the same Western countries that "allow" India to grow will try to slow down that growth and keep it to the levels they like.

But this hasn't happened yet and it also requires a lot of other things specially as the World Order is changing and if India keeps making mistakes (like the most recent one with the Arab-Med corridor) the economic consequences of it could push them back by a lot.

The thing about adoption and correct usage of Bitcoin (as a payment system) is that it happens naturally and the growth is slow and predictable. For example if we see 300k transactions handled per day, it is not going to suddenly jump to a million demanded tx/day overnight.

However, the thing with spam attacks like the Ordinals Attack is that they suddenly and artificially create a fake demand for the blockspace hence creating this type of huge backlog. In other words that is not natural.

For the natural growth, we have time to plan for better solutions and scaling the chain to handle larger number of transactions. We are not in any kind of urgency.

Bitcoin is also designed to be a payment system and not a cloud storage. You can't just pick one definition of it and ignore the rest whenever it doesn't suite your view.

This is exactly what sets this attack apart from the previous spam attacks that Bitcoin has experienced in the past.

Is this really a thing that governments are discussing these days? Because the other day I saw another topic around the same subject here and despite the FUD about illicit usage being old it makes me wonder whether they are starting it up again?

All these "random lines" on the charts are working in predicting the price until they don't! We saw this in the last one that used to work fine up until this cycle we are currently in. And that one was a very popular chart.

The thing about 4-year cycles is that it is a real thing but also there are a lot of other things affecting the market. Each 4 years we have the rate of supply creation (hence the inflation rate) decrease significantly and that affects the price specially since adoption (ie. demand) is increasing.
But we could never predict the COVID recession of 2020 and the subsequent global economic crash. And these things also affect the market creating an unpredictable low that only the broken clocks could have predicted not any logical speculation.

Ordinals is not part of the Bitcoin protocol to be "rolled back", it is garbage that people are injecting into the blockchain by exploiting the protocol which means the only way to "roll it back" is to reverse the blockchain which is not possible because it would effectively eliminate one of the basic principles of bitcoin: immutable blockchain.

The only way to battle the Ordinals Attack is for the nodes to start rejecting these spam/abusive transactions but unfortunately nodes need to be patched to give the node users this choice and that is not happening since the developers aren't really interested in doing that much to prevent this attack!

I fully support any actions taken against this attack though, even if the mempool were empty. Because it is still abusing the protocol.

The step you said here only works when we have 2 equations with 2 variables. Like x+y=10 and x-y=3 which is not the case with hash algorithms.

What we have in a hash algorithm is a chain of simple operations, each using the result of the last one(s). So each step backwards adds more unknown variables in equations we can never reverse.
For example the addition is actually the last step in SHA256 hash algorithm (you add each uint32 in hash-state with the computed temp values a to h) the step before that is another irreversible equation which adds even more variables since you'll have to solve a = T1 + T2 with each T being more additions and "bit shuffles".

Reference of the variable names I used:
https://datatracker.ietf.org/doc/html/rfc6234#section-6.2

I'm not entirely sure you know what the Byzantine Generals problem is.
For starters it is a condition particularly defined in decentralized systems and for "distributed computing" which means if you centralize the system the Byzantine fault no longer applies to the system!

It is about reaching consensus between the "peers" that are all at the same level. Bitcoin has successfully solved that problem with its Proof of Work algorithm (not just the "blockchain").

So I'm not really sure what the points you included in your post (wars, natural disasters, internet cut off, etc.) have anything to do with Byzantine fault. Any catastrophe is a special situation and your centralized bank (even with the centralized "offline" blockchain) is still susceptible to these disasters. For example flood can hit the centralized servers where this centralized blockchain is stored wiping out all the money anybody stored there!
Not to mention that as @digaran pointed out centralized ledgers (without being called blockchain) existed forever!

`a+b=c` is irreversible when `a` and `b` are variables, turning it into `a=c-b` doesn't change anything since you are still left with 2 variables. The more you go back up the algorithm (in reverse) the higher the number of these unknown variables. The more you try the more unknown variables you are left with.

To put simply if you could ever reverse something as simple as (x+y=10) and tell me what x and y are in this equation, then you can reverse hash algorithms too.

That's right. It is also interesting to know that China's first overseas military base is in Djibouti which is the other side of Bab al-Mandab from Yemen. That is another indication of the importance of this chokepoint for the international trade.
It is also interesting to know that this is one of the reasons why China started the One Road One Belt initiative to eliminate the need for all these "sea routes".

I have no idea where you are getting 500 quadrillion from since if I'm not mistaken the total M1 and M2 Euromoney supplies together is about 25 trillion in the euro zone.

But also you are missing two important things.
First is that there has been high inflation in the euro zone in the past, like in the 70's and 80's and even these past couple of years ever since the Pandemic if we are only counting the euro's lifespan. Of course the rates differ from country to country. For example in mid 70's Greece had an inflation rate closer to 30% while Germany had one closer to 10%.

Second point which is more important is that printing money usually leads to inflation not always. What makes the difference is WHERE the printed money is going to be used in. For example when the governments print money out of thin air to artificially blow life into the lifeless economy (like during the COVID19 pandemic) or to cover their budget deficits (that includes printing bonds and selling them to the people) it causes inflation.
But if the money that is being printed is going directly into the economy helping the production grow, it is not causing any inflation. Not just that it can help improve the economy greatly and even decrease inflation. Keep in mind that the key here is "production", this won't work in credit based economies where people are basically borrowing money to spend money with their "credits" getting into debt up to their necks. The money injected into this type of economy would have short term positive effects, but it is bound to blow up at some point as the debt keeps growing into a "bubble" (that is one of the reasons why 2008 collapse happened).

Case in point these days. Euro zone is also printing money out of thin air like United States to blow life into the dead economy hence causing inflation. That is why the average inflation rate that used to be near 0% on average is now closer to 6% on average and there are countries with 10% and above inflation in Europe in general like Hungary with almost 20% inflation rate.
This is the reason why pre-pandemic money printing didn't cause as big a inflation as these days, it all went into "production" in the industrialized Europe, but now after the deindustrialization started it is starting to cause higher inflation.

P.S. When you are talking about inflation and value of currencies you should also consider the interest rates that are very high these days that is battling inflation rate (keeps it lower than it really is) and artificially strengthens the currency. But it is all at the cost of causing recession.

[Image of a Palestinian child buried under ruble after Israel bombardment last week]

Up until last month the record for the number of innocent children murdered was kept by head of the terrorist organization known as ISIS or Da'esh Abu Bakr al-Baghdadi. This rate was an average of 8 kids per day.
But recently Benjamin Netanyahu the head of ISIS sister organization known as Israel broke that record. This record is now 144 kids per day.

In Bitcoin terms each time we find a new bitcoin block on average (ie. every 10 minutes) a child is murdered and 2 more are injured in Gaza[1] by the order of Netanyahu and with the help of United States.

A special congratulation is in order for the supporter of this terrorist organization, more specifically the pariah state in Washington DC.

[1] https://www.unrwa.org/resources/reports/unrwa-situation-report-22-situation-gaza-strip-and-west-bank-including-east-Jerusalem

Ever since the first week it has been US that is fighting Palestinians with their aircraft, ships and soldiers on the ground. In fact over the past 2 weeks the Palestinian freedom fighters have caught at least a dozen US marines as poisoners of war.

It is not in Iran's doctrine to shut down any trade routes, nor is it in its allies doctrine. However, the actions of United States regime will have consequences one of which is these chokepoints being shut down.

That means if US regime decides to declare war on Iran they would put Iran in a position to have no choice but to respond to the aggression. In such a response, US navy is one of the legitimate targets and when an aircraft carrier group sinks in shallow waters of Persian Gulf, Suez Canal, Strait of Bab al-Mandab, Strait of Gibraltar or Panama Canal it makes maritime travel in those regions impossible.

We saw a small version of how it looks in the 80's when maritime transfer got shut down for a little while after US decided to declare war on Iran and Iran had no choice but to respond. On 14 April 1988 when Iran sank the USS Samuel B. Roberts in response to US aggression against Iranian soil, it took US military days to try and salvage the frigate and it finally took a 29000-ton heavy lift ship, a "monster" called Mighty Servant and $1.3 million to carry it to the repair port (~$90 million in total for repairs to make her seaworthy again).
That was just a small hole in the frigate's hull back when Iran had nothing and was fighting with repurposed fishing boats and shoulder launched RPGs that did nothing to a destroyer. In 2023 such response would be with heavy and large number of cruise and ballistic missiles, loitering munitions, fastest torpedoes on earth and stealth submarines which would leave nothing to be salvaged

They are not technically delisting BSV since they already delisted this shitcoin back in 2021 and people weren't able to trade it ever since; they are just removing it from their platform entirely meaning it will no longer show up in users' wallets either. Which is surprising that they have kept this shitcoin in their database for this long. Maybe they still hoped it would recover or something so they could re-list it again?

https://financefeeds.com/coinbase-suspends-bitcoin-sv-trading-double-spending-attack/

It seems like you are confusing a couple of things.
First of all the scams and their variants have nothing to do with "invest what you can afford to lose" statement. Nobody should even touch them to be at any kind of risk to need an statement like the one in the title.
Secondly "invest what you can afford to lose" applies to any investment you make in anything, even the most stable markets like gold. You should always take reasonable risks and indeed invest what you can afford to lose. Meaning for example you should not borrow money to invest in gold, bitcoin or whatever else. You should invest the money that you already have and don't need so that if you lost all that money, you wouldn't be devastated.

Apart from that, I agree with the part of your post that Bitcoin has already grown and the market is not as volatile and unpredictable as it once was which makes it a more solid "investment" even though we still have some way to go before we can get rid of the high volatility and market manipulations.

Of course the Israeli terrorists have to call their civilian victims terrorists. ISIS use to call the civilians they killed terrorists too.

But in the real world according to the international law, people of the invaded country can use force to repel the invaders. Exactly like what people of Ukraine are doing these days. Ukrainian people are using force against the invading Russians, just like Palestinians are using force against the invading Zionists.
That is unless you are calling Ukrainian people terrorists too?!

Besides, Israeli terrorists are not fighting the armed forces of Palestine. They are murdering women and children. So far they have killed over 10000 innocent civilians, 4104 of which were children.
Not to mention that the Israeli terrorist targets are specifically civilian targets including hospitals and any medical centers, schools, concentration camps, press buildings and reporters, international aid groups such as UNRWA (UN agencies), even water tanks!
Even the ammunition the Israeli terrorists use are categorized as war crimes such as the phosphorous bombs they regularly drop on civilian concentrations that "boils" them to death..

I'm not surprised that a Zionist is supporting the Zionist apartheid regime either

UAE as a member of OPEC has already reduced production. Like others, at this point none of them plan to reduce production and this has nothing to do with the genocide that is happening in Palestine.

LOL
https://new.thecradle.co/articles/the-first-china-uae-gas-deal-in-yuan-a-new-blow-to-dollar-dominance

LOL
https://www.al-monitor.com/originals/2023/06/china-signs-major-lng-deal-qatar-beijings-gulf-push-continues

I want to clarify that regardless of what was discussed about the reasons for the events in OP (sudden rise to $30k then drop back down to $27k) no one can deny the huge potential that exists in the market for a big rally. We saw this potential again on 23rd when price jumped to $35k and is still sticking up there not showing any interest in coming down.

It's all about greed. They do some calculations and think if they buy at $10k instead of $20k they can make twice the profit but funny enough, almost all of them end up buying at $40k and lose 50% profit

Have you tried opening similar issues with a different account since it could be possible that Samourai team is removing anything you post specifically because you are a well known Wasabi shill.

I'm not a user of this tool nor am I familiar with the code and/or how it works to bother with it...