Regulations are inevitable, regardless of whether you like it or not! Such incidents like FTX are only making the process faster. It is putting more pressure on regulatory bodies to bring in a framework so that any such future events can be avoided.

I understand a lot of people don't like regulations but if exchanges are centralized and established as a legal entity, they are expected to follow certain regulations. So a more structured regulation will make the centralized businesses more transparent for its users.

If you already have millions in your bank account, such kind of bitcoin payment may make sense. But for the majority of the workforce who lives from paycheck to paycheck, it's a stupidity. The volatility of bitcoin can put any salaried person into big mess especially those who have liabilities.

A certain percentage of bitcoin payment may make sense but definitely not the entire salary. Edward Snowden may have made millions from his excile days but not everyone is fortunate like him. Unless the price of bitcoin shows stability, majority of the workforce would never accept bitcoin as salary payment.

Lol! The pictures are hilarious! Also what's surprising is that, all NFTs are sold out within a single day! That effectively proves that even garbages can be sold as NFT and that will also make you a good amount of profit for no reason or effort.

The entire NFT ecosystem is non sense and the biggest non-sense leader of all time, has joined the bandwagon! Like a match made in heaven.

Having a clear direction is better than having no or ambiguous direction. Bitlicense was hugely complected and was a blocker for small companies to engage with banks regarding crypto related businessman. If the new guidelines are removing ambiguous directions, then it's good for the the overall crypto ecosystem.

But I really don't like the idea of banks to get into crypto related services because of the centralisation risk. But new capital will flow into the market for good reasons.

What OP is doing, is advisable for all investors if you have a long term outlook. Bitcoin market occassionally provides such opportunity to score more bitcoins at low price points. If you are able to identify and act on it, you will be able to effectively average out the buying price.

No matter what amount you are buying, the important part is that you are buying low. The upside potential is really significant!

Don't we already have a superior cryptocurrency available in the market? Which are faster and cheaper than bitcoin and also more anonymous than bitcoin. Did bitcoin lose its importance? No!

Bitcoin enjoys the perks of being the pioneering cryptocurrency. Millions of miners around the world have set up their mining rigs to mine bitcoin and secure the bitcoin network. So it's highly unlikely for bitcoin price to come down to zero for this reason. but anyway, I understand this is what an AI bot wrote, and AI can't match human intelligence in any way. Nothing to be take seriously here!

I don't think so! There have been a lot of discussions around PVP/skill-based gambling but I have not seen it materialized yet and I don't think it will ever be! At least not in the near future! But there were some telegram groups who arranges such kinds of gambling events where they used to pay out using bitcoin. I don't know if they exist now. Hopefully, someone will be able to point out some such groups who still arrange similar kinds of events.

But I have not seen such things in any of the well knows crypto casinos till date!

Lol! What a stupid idea! What you are suggesting effectively means, using resources from a very stable regime to an unstable regime just to bail them out! This way, even the stable regime will become unstable!

401K pension fund is one of the major contributors to the world economy because that's what comes into circulation after a fixed period of time which keeps millions of household running and maintains their purchasing power. Siphoning that money into an unstable field like crypto, is suicide! Recent FTX issue has shown it is extremely risky to invest into bitcoin through 401K retirement fund.

https://www.shrm.org/resourcesandtools/hr-topics/benefits/pages/collapse-of-cryptocurrency-exchange-ftx-is-warning-for-fiduciaries.aspx

Stupid idea!

There could be many reasons for it. Funding of his political campaigns can be one major reasons for such NFTs. Because a lot of rich people in US follows right wing political leader like him. So probably some of his associates have found this as a way to make money out of his fame. But anyway, it's a stupid step! His party may be able to sum up few millions through this NFT staff but that won't help him in connecting back with the people of US.

The only answer to this is - user convenience!

Unless and until a payment system is able to provide user convenience and less fees structure than the market, it's impossible to break into fiat monopoly!

I will encourage everyone to read about the IMPS payment system designed and introduced in India. It has now been adopted by six other countries.

https://www.thehindubusinessline.com/money-and-banking/imps-rated-worlds-best-in-real-time-payment-service/article29459995.ece

Now, I don't need to carry a wallet. I just need a phone with a simple camera. regardless of what I am buying and what's the cost of it, I can just scan a QR code and enter a PIN code to complete the payment. It has been adopted by big brands as well as street vendors because it just needs a simple QR code. The money gets deducted immediately from my bank account and reaches the seller's account without fees. It's free!

Unless cryptocurrency can provide a similar kind of user experience and convenience, it's impossible to break into fiat monopoly! Otherwise it will remain as an investment!

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.