Don't mind and move on! Sometimes we found such morons in our life and we just need to ignore them. Our honorable FM doesn't have the brain power to understand cryptocurrency and it's underlying technology at all. She also doesn't have the capacity to understand the economic situations. She is just a puppet of PM Modi. So it's not her fault as well. She is being ordered to create confusion.

It can't be denied that cryptos can be easily used for such illicit activities. But throwing the responsibility purely on crypto is a stupidity.

It's a very difficult economic situation right now. Those who are working for the big companies, are constantly under pressure to ensure that they aren't fired. Still they do not know whether they are going to have their job in the coming month or not. So the situation is very different and the outlook is grim.

So side hustle is a requirement nowadays especially for people who are the sole bread earner for their family.  Probably this is what going to gain prominence as the loyalty and trust  is decreasing in the job field. It's all about making money in an honest and legal way. Time will soon become a premium.

Bitcoin is not fit to become an official currency system of any country. It's complicated for a layman to understand. It has fees to be determined and paid for every transaction. The price of bitcoin is volatile. None of these parameters are fit to become an official currency.

I really want to thank Mr. Bukele for his contribution to the growth of bitcoin. But he can't control his own citizen's thinking process. People want convenience. Bitcoin is creating complications rather than reducing it.

It's a win-win situation! All parties involved in this BNPL process, are benefited.

1. The buyer did not have to pay a huge amount of money infront and got the convenience of EMI facility.
2. The shopkeeper sold the product and got complete payment from the BNPL company. No risk of missed payment.
3. The BNPL company acquired an asset (loan is considered as an asset in banking) and earning interest on that.

So no one is at loss really. Only the BNPL company has take a risk by lending money.

People are meant to do a lot of other things but we need to look into the reality. Binance is the world's biggest crypto exchange and they have kept their position since a long time. So no matter what the ideal scenario looks like, people are still using centralized exchanges.

But the problem is that, people also keep their money into those exchanges. They don't usually pull out their funds. So whenever something bad happens for an exchange, people loose money. We have so many past incidents but it seems people have not learnt the correct way.

I agree with you! I hope nothing bad will happen to Binance. Cz is a rock solid business tycoon so I am sure he will take necessary steps to ensure our money is safe. But there's no guarantee about US regulatory bodies who are launching probes against Binance.

It's always a very good practice to withdraw your money from any exchanges and not only Binance. Unless you have the control on your own bitcoin through your own wallet, anything can happen!

As a business, it's hard to please all its customers. So you will always find multiple allegations against any casino. Especially without the presence of a regulatory body, the numbers are higher than in land-based casinos. So it's always good to go through their ANN thread and the scam acquisition section before choosing a casino for playing. But don't expect a casino without any single issues unless that casino is very new in the market.

Look for the withdrawal problem. If you see there is a bad history of suspending withdrawals or freezing accounts without any justified reasons, avoid them! That's why you will see a lot of gamblers are actually active in Bitcointalk. They get to know the latest information about any crypto casinos from this forum which they actively consider before choosing a casino for gambling.

If the technology behind a coin really mattered in the crypto space, bitcoin would have become a shitcoin by now and we were probably be using some random tokens today for the sake of better technology. That's not the case!

Dogecoin has a very strong supporter like Elon Musk and that's probably enough for Dogecoin to survive. Also if Elon starts accepting this coin in Twitter, its value may even skyrocket by few hundred percent.

Lol! Op is quite optimistic it seems! If Fifa ever plans 59 use bitcoin to pay their prize money, you will see that bitcoin is accepted everywhere. It's a global stage so the kind of visibility it can bring to anything, is enormous! That's why you will see that big brands pay top money to advertise on this global event.

So if bitcoin is ever used in such a global stage, it will push it's adoption rate by few hundred percent. It's very difficult to forecast the kind of attention bitcoin will get.

Everyone in the crypto field understands this for fact. Governments are using blockchain but that is a private blockchain where common users would not have access to. So even if the government is trying to publicize CBDCs as crypto, people with basic understanding of crypto will not agree to it.

But there are multiple benefits for the government to push for a digital currency. They can have a bird's eye view on their citizens financial data. Tax evaders will be caught more easily, no money printing cost etc.

Such kind of things will never end on crypto exchanges. Rather, we will see an increase in such kind of cases and lawsuits due to the recent bankruptcy of FTX. Regulatory bodies will try to extract as much money as possible from the crypto exchanges for their own gain.

But it will be not great if Binance is attacked openly like this on an ongoing basis. It will have an impact on the crypto market and may give the required push towards decentralised exchanges for good.

A success of a project or innovation is subjective. It always depends on the parameters you are using while judging it's success or failure. Also it's not essential that an innovative product will always achieve its desired goal using the same path it was initially thought out. It's a very different thing!

Bitcoin is a huge success! Yes probably we are not using it in a way it was intended by Mr. nakamoto, but that doesn't mean it has failed.

That's very true! Bitcoin can be easily adopted by the islamic countries. Bitcoin doesn't provide interest on bitcoin, it appreciates in value! Which means, new bitcoin doesn't get added to your holding as interest payment every quarter. So it's not haram in any way!

Also the anger of Islamic world against the western countries is justified. So if they become more interested in adopting bitcoin and any other alternative currency system, that will not be a surprise!

Lagarde had used "privacy" as a double-meaning word. Digital money will give privacy from other users. This essentially means, the person you are transacting with, will not be able to view your balance or your transaction history.

But the government will have full access to your transaction history. So there will be no anonymity. That's the main reason digital money is being introduced. Governments will now start looking into your finances and your spending. There's no surprise, to be honest! Whatever little privacy was offered by cash, will be gone with the introduction of digital money. The majority of governments are now trying to introduce the same due to this benefit because now it will be easier to catch a tax thief.

Very difficult to enforce! EU legislation can only target EU companies and EU residents. But they can't enforce their decisions and make companies operating outside the EU to follow their law. This kind of legal provision works in good faith. If a company wants, they can willingly do so, but it's their call whether to do it or not! EU has no power to force a company to follow it if they don't have a physical footprint in EU.

Also, it's a proposal and not a law yet. I don't see much impact even if it is signed as a law in EU. It seems ECB and EU parliament is doing everything they can do to bring down the importance and circulation of cryptos in EU.

23ll it's all fine! It's not just crypto companies firing people. The mainstream companies are firing more people. It is happening because the forecast for businesses are becoming realistic because of inflation and reduced purchasing power of the customers. So it's at per the mainstream market. There's nothing drastically different happening in crypto market.

Crypto is a volatile asset unlike any other assets in the market. Every single person and businesses involved in this market, knows this for a fact. So no surprises there as well. People who understands the market, are buying heavily at this price point.

There's no guarantee that everyone's dream will be fulfilled. Every innovation has to go through the test of time and bitcoin is no exception here. Currently bitcoin has reached to such a level where only a handful of innovation can reach. Isn't that enough?

There was a coin which aimed to fulfil the vision of Satoshi, but failed miserably! It's good to stay within the limit of law. Revolutionary idea is great but it may not yield great results if you try to execute.

It's hilarious! It reminds me of India's demonetization drive back in 2016. A central bank can take such drastic measures to control multiple things including inflation. It can be a very effective tool against inflation which will control the spending habits of their citizens by not allowing extra funds in their hands. But if it's solely done for promoting CBDC, then it's a hilarious act and probably short-sighted.

The use of CBDC will require some form of internet connectivity and a smartphone I believe. For a country like Nigeria, I don't think it's a super regular tool for all segments of its population. The government should have taken steps to improve the livelihood of their citizens first, rather than chasing the west to compete with their innovations.

Unless and until you are playing with a huge (really huge) amount of money, no crypto casino should ask for such proof of income. If some casinos do it, let us know the name so that we can avoid it for good. This is not really a good practice for the crypto casinos and may indicate a potential exit scam.

Alternatively, if you are providing the income proof which justifies your bankroll, you should not face any issue. But earning and gambling with the same amount, may trigger some more question at their end. But at the end of the day, a casino must not hold your winning just because of this reason. If they do, they are scam casino and must be avoided.

Tell us something we don't know!

It's an well established truth that banks don't like bitcoin or any other cryptocurrencies. Because cryptocurrency system has the power to directly challenge bank's dominance. So it's no wonder that banks do not like it in any shape or form.

Warren Buffet, Jemie Dimon and many other central banks have always raised their voice against cryptocurrency and it will continue to happen! We just need to ignore such things!