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1461  Bitcoin / Bitcoin Discussion / Re: Are miners congesting the bitcoin network? on: September 05, 2023, 08:25:27 AM
I have not done any deep investigation but looking at the block example you shared and some other blocks with such transactions, I can say that this is the continuation of the same Ordinals Attack that started months ago, specially since as I warned months ago with the growing side-market that encourages this type of spam attack, it is not going to die anytime soon.

Here is an example transaction from the block you shared that clearly contains the Ordinals Junk which can be seen if you expand the scripts:
https://mempool.space/tx/688ef9666c8a9a0c40f318ff0f86b35c9575bd54d00893a189c2eba97bdc44d1
With the address that can be searched on the Ordinals Attack Explorer to see the actual junk:
https://ordiscan.com/address/bc1qnj580ysw0q7j5uvawh3mnqtjmyc9jrd8hnmek6

Compared to 4 months ago the scamfest market that feeds this attack has grown by 2800% in size (to $28 billion from the $10 million daily volume)!

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then doesn’t matter if they pay more fee than the output amount
This part of your assumption is correct, it's just that miners aren't attacking bitcoin, the Ordinals Scammers are (which may include miners behind the scene). In the side-market where they trade the garbage with each other, they don't care about paying high fees as long as they either scam the money from someone in their trade or hope to make profit despite losing money.
1462  Bitcoin / Development & Technical Discussion / Re: Bitcoin's Genesis Block Difficulty on: September 05, 2023, 08:07:13 AM
And also, it would be ridiculously easy to mine the genesis block because the difficulty is so low, and since there were no ASICs or GPUs or things like that mining back then, it was just with a regular CPU that could be completed very fast. That's how regtest manages to work as well, by artificially setting the difficulty to a low-enough value to bootstrap the network.
A regular CPU is already slow and they were even slower back in 2008 compared to today with all the core count rises and the parallelism improvements. It also can not be compared with RegTest because the PoW limit of RegTest is far less than the minimum on MainNet and TestNet.
7fffffffffffffffffffffffffffffffffffffffffffffffffffffffffffffff vs 00000000ffffffffffffffffffffffffffffffffffffffffffffffffffffffff.
1463  Bitcoin / Bitcoin Discussion / Re: The Impact of Blockchain on: September 05, 2023, 05:26:30 AM
Most of the links you shared on the subject are just hype and exaggerations based on hopes not solid data from real statistics. Blockchain is not something magical that can be applied to any field and suddenly it gets improved. Instead blockchain is a very specific database type that only works fine in a specific scenario. Namely as the ledger for a decentralized payment system. Using it elsewhere not only makes no sense but also will bring out the downsides of using blockchain.

Not to mention that majority of cases that are usually mentioned (and are in some of the links in OP) such as healtcare should not even be decentralized to begin with! Instead they need a controlled centralized database that can be accessed after going through different "filters".
1464  Bitcoin / Development & Technical Discussion / Re: Bitcoin's Genesis Block Difficulty on: September 05, 2023, 03:46:44 AM
When mining, we are trying to find a block header hash that is smaller than or equal to the target. So the actual hash can be a little smaller than the target or a lot smaller. Since the hash we find is completely random, there is always a chance that it ends up being a lot smaller like what you've found.
The difficulty doesn't change though. It is calculated based on the target.
1465  Bitcoin / Bitcoin Discussion / Re: What could be All time high for Bitcoin for all time? on: September 04, 2023, 05:10:21 PM
Bitcoin will always make higher highs
This is a correct statement by default because bitcoin price is measured in fiat and fiat values are always dumping due to being unlimited. So bitcoin price should keep going up against them even if it stops rising in value.
This means there is no all time high, we keep setting a new record every couple of years.

In any case, for the time being we are going to have both price rise (fiats dumping) and value rise (increasing adoption) so expecting more rises in the long run is only logical.
1466  Economy / Economics / Re: BRICS has become eleven countries instead of five. on: September 03, 2023, 06:17:15 PM
BRICS countries are all poor corrupt countries. Do you think it's west to blame for their high corruption and poverty? Do you think that by creating BRICS they'll be able to get rid of US dollar and American/European influence and once they get rid of it, then there will be a era of rise in these countries? Do you really think it's the United States that keeps them in poverty? No, this is an inner problem, all that exists because of their mentality, work ethics, appreciation towards each other, etc. They need to change it, they need to understand that corruption is bad, they need to understand that you shouldn't only care about improving of your life because by improving overall quality of life for everyone, yours will drastically improve too.
Now, let's talk about the USA/EU. What does the EU do? Gives asylum to people from BRICS countries, lets them to life a normal life. EU universities are free for everyone, doesn't matter where you come from. So, EU taxpayers pay for you, from BRICS countries, to study for free in Europe and let's you to return in your country and use the gained knowledge to develop your country. You shouldn't blame Europeans if lots of people prefer to use that as an advantage to get PR in EU.

It's all an illusion to tell their people that evil America and Europe are keeping their people poor. It's just a traditional brainwashing, that has been always working. You probably have heard that you are. You are the average of the five people you spend the most time with, so, BRICS is not a solution!
You are severely misinformed. Not to mention that your comment is very racist, specially the bold part. You think other people who aren't in EU/US are just some brainless idiots who don't already know corruption is bad and are sitting on their asses blaming US/EU for all their problems!
You also know nothing of history of the things that are going on in the world.

Where or from when should I even begin with the examples!
Across West Asia where once British colonizers infiltrated and split the countries into smaller ones, the maps are designed in a way to cause fundamental problems for centuries. Like water problems that has actually led to water wars like where the source of a strategic river is in one artificially created micro-country but all of the rest of it and its users are in another. Then they start their damn buildings in that micro-country to worsen the issues.
Now water crisis, food crisis, farmers migrating to big cities, sand storms and many other environmental problems are the results of that.

Lets come closer to today. After the US EU coalition destroyed Iraq they intentionally installed the worst governmental system possible by giving each section of it to a minority group instead of letting everyone participate in a democratic way in every aspect of governance. So now Iraq president is from one minority group while the prime minister is from another that are at each others' throats and all the rest of the administration is just as terrible.
Why? Because while they were all busy fighting each other, US was stealing all their resources, literally! Oil tankers kept going to US; the US back separatist/terrorist groups had control of the gas rich northern Iraq and were literally selling the gas and pocketing the money after giving US it's cut. This alone damaged Iraq's economy of roughly $33 billion before they shut it down.
It is not going to be solved until they kick the remaining occupiers out and fix this system. Until then even their electrical grid remains an entangled mess after it was destroyed by US. Until then they will have to also fight terrorists as US keeps reviving them, like these days that they are attempting to free the ISIS terrorists from prisons across the region.

Don't get me started on Afghanistan where another US EU coalition invaded and destroyed the country then after years of destruction they handed over the rule to a bunch of cavemen extremists by donating about $100 billion worth of weapons to help them in their rule and to start wars with their neighbors (surprise surprise their neighbors are China, Iran and by proxy Russia).
Maybe you think people of Afghanistan like living in ruins created by US/EU or like leaving their homes and wash dishes in Europe.

Let's take Niger. A country with large amounts of resources including minerals, Uranium, gold, etc. has 10 million living in absolute poverty just because all these resources are practically being stolen by France. And all their money goes to French banks which they can not even spend majority of it. IIRC 10% of it is given to Niger!
After they kick out the French colonizers they can regain full control of their country, their government, their resources and their money. Then they can spend 100% of that money to focus on eliminating poverty and other issues.

Last but not least let me give a much more detailed example of a corruption that is only caused by United States actions.
It is the case of a big issue in Iran with embezzlement cases. Iran is a country that has been at a cold/hybrid war with United States for the past 5 decades. Because Iran is under both US sanctions and financial and medical terrorism, certain imports have become "complex". That has led to a lot of corruption and specifically embezzlement.
Despite the self sufficiency in medical sector certain things still need to be imported like during the COVID pandemic with ventilators. But the problem is due to US economic war on Iran, it becomes impossible to import them through any "normal" channels (like using SWIFT or the $100 billion that used to be blocked in it).
The alternative is to make this private and classified and use "individuals". That means going to some private sector, giving them privileged information and ultra cheap dollars (80% discount to be exact) to try and import these needs. But none of it can become public because that would prevent it from taking place. Now 3 things can happen:
1- The individual successfully goes around the sanctions and import what was needed, then they can pay back the loan
2- US finds out and basically shuts down the individuals' bank accounts and steals the money
3- The individual steals the money but claims that US has stolen it
When the individual fails to pay back the money, it is nearly impossible to prove if it were case 2 or 3 hence the corruption grows are more individuals are now stealing the money.
Without sanctions or US, like using BRICS bank that corruption is automatically eliminated since there is no reason for any of it to be hidden or secretive and they won't have any excuse to not pay back the money they borrowed for imports.
That also means that like a chain a lot of other things will change. The government will no longer need to waste its finite resources on such things (like importing ventilators through back channels) > There is no need to pay the difference (the discount I mentioned above) or the extra costs that stem from having more middle men > There won't be any budget deficits > There won't be any need to print money like madmen > Without money printing there won't be inflation and the fiat exchange rate stops dropping > Without inflation product lines can work better and will actually use the loans they took to produce > employment goes up > Economy is strengthened > Quality of life improves
As a matter of fact over the past 2 years Iran has been focusing heavily on dedollarisation even before BRICS and with the world changing fast and US losing its strength and hegemony the chain of events I explained are happening slowly but surely. Not to mention that large number of embezzlement cases were automatically eliminated before they could even happen, as I said before.


Like it or not the history of the world is like a sinusoidal wave. Empires shape and that empires fall then from their ashes there may be another empire. Sometimes the empires rule for a thousand years, sometimes a hundred and sometimes only for 30 years. But there is always one constant and that is change. The tables always turn. Not so long ago millions were jobless in the biggest EU economy and even more people despite working their asses off couldn't fill their bellies. Or the 4th biggest G7 economy used to be a big empire and a hegemony with colonies around the globe, today it is at best an average geopolitical player and is a shadow of that empire where the sun does set.
1467  Economy / Economics / Re: How do we profit from Canadian recession? on: September 03, 2023, 02:20:07 PM
Shorting CAD, TSX, or both?
Considering how these days the strategy that almost all countries are using is to increase the interest rate to prevent high inflation, the chances of fiat currencies of said countries to dump hard is low because the side-effect of increased interest rates is an artificial rise of fiat value.
The best example of it is United States and despite all the odds they have significantly decreased the dump of USD by increasing the interest rate.

The interest rate in Canada is currently at an ATH in the past 20+ years. So if you wanna short CAD wait for the interest rate hike to fail or to reverse then do it.

I can't comment on the stock market though.
1468  Other / Beginners & Help / Re: Is Bitcoin really risky as they say? on: September 03, 2023, 02:12:03 PM
Bitcoin is a peer-to-peer electronic cash system, and as that there is absolutely no risk in it whatsoever. The problem is that some people like to treat bitcoin as something it is not, an investment. As an investment and because bitcoin price is volatile, obviously there are certain risks involved.

Even with the false definition as an investment, whether we can call it risky or not depends on the situation and what you do. For example during a bull run the risks are a lot lower compared to the sideways market where things are uncertain.
It also depends on what money you are investing. For example if you are borrowing money (or generally money that you can't afford to lose) to invest in bitcoin, then the risks are extremely high.
1469  Local / Other languages/locations / Re: فارسی (Persian) on: September 03, 2023, 06:41:37 AM
  یعنی چی عقلانی نیست؟ انکار میکنی که یه نفر ۱۰۰۰ بیت کوین تو ۱۶۰ آدرس گذاشته تا ببینه با چه سرعتی میتونن پیداشون کنن؟ حالا یا خود ساتوشی یا هر ننه قمری، پیدا کردن و برداشتن اون بیت کوینهارو اسمش رو میذاری دزدی؟ حالا خوبه دوتا تاپیک چند صد صفحه ای در مورد این جریان وجود داره. و اینکه خود طراحش سال ۲۰۱۹ در موردش پست گذاشته و از ابزارهای بکارگرفته شده تعریف هم کرده و گفته که قصدش دقیقا اندازه گیری توان پیدا کردن اون بیت کوینها توسط اهالی کریپتو بوده.  البته شاید یه فرد دیوانه که ۱۰۰۰ بیت کوین براش ارزشی نداشته این کار رو کرده، اسمش چیه و کی هست مهم نیست، مهم اینه که پیدا کردن اونا دزدی نیست. 😉
نه عزیز، شما داری چندتا مسئله نامربوط رو با هم قاطی میکنی.
یکی مقدار 32 بیت‌کوین1 هست که در بین 256 آدرس2 پخش شده و به طور مشخص به عنوان پازل ارائه شده که بعدها دیگران گسترشش دادن. در این مورد کلیدهای استفاده شده هم از قصد در رنجهایی بسیار کوچکتر از رنج کلی کلیدهای بیت‌کوین انتخاب شده. این هیچ ربطی به ساتوشی نداره. برای حل این پازل هم کدهای زیادی وجود داره که با روش کانگرو و غیره بیشترین سرعت ممکن رو برای حلش دارن و نیازی به نوشتن چیز جدیدی نیست

مسئله دیگه ادعای اینکه ساتوشی پازلهایی رو درست کرده و در بیت‌کوین کار گذاشته برای پیدا شدن و مهمتر اینکه ادعا کنی اگه کلید عمومی نشون داده بشه (مثل استفاده مجدد از آدرس یا استفاده از نوع جدید آدرسها در تپ‌روت که با کلید عمومی ساخته میشن) امنتیت کاهش پیدا میکنه و میشه کلید اونها رو پیدا کرد3. این یک ادعای غلطه و که بهترین پاسخ هم اینجا داده شده4 برای همین تکرار نمیکنم

[1] https://bitcointalk.org/index.php?topic=1306983.0
[2] https://blockchair.com/bitcoin/transaction/08389f34c98c606322740c0be6a7125d9860bb8d5cb182c02f98461e5fa6cd15
[3] https://bitcointalk.org/index.php?topic=5218972.msg62735131#msg62735131
[4] https://bitcointalk.org/index.php?topic=5465000.msg62769036#msg62769036
1470  Bitcoin / Bitcoin Discussion / Re: Honestly, Bitcoin fits in this gap more than others. on: September 03, 2023, 05:50:47 AM
Bitcoin is the most reliable digital currency that everything in the world today should move closer to, but the greediness and power in men won't let them.
I'd say your whole topic is painting an incomplete picture because you are not focusing on all the aspects.
It's true that bitcoin is the only decentralized censorship resistant currency in the world and has a high level of security and these things make it very reliable. But also there is a downside which is the volatile price, even though it doesn't make it unreliable but it is something to keep in mind. Which means it is not only "greed" and "power" that prevents bitcoin's adoption. There are other reasons too like the volatility.

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Being decentralized is a part why the government should embrace Bitcoin in the world today, it's the only digital currency that can bring peace if allowed as a means of payment around the country.

If Bitcoin take that place instead it will be a smooth breeze, the government will have peace themselves, there will be no betrayer of sort because no one have power or control over Bitcoin.
First the economy has to change. Right now it is designed to work in a centralized way.
Look around the world and see what is going on.

For example in United States, ever since a year+ ago when the energy prices started to rise and caused inflation in US, the regime started battling it with increasing interest rates. But over the long run that means recession and at the same time the regime has to pay higher interest to US debt bagholders. They don't have nearly enough money to pay it (almost a trillion dollar), so the US economy either has to fail then and there or they have to print that much (remember the debt ceiling battle). Obviously the printed that much and dumped it on the market.
If they were using bitcoin, this would have been impossible.

What I mean by "economy has to change" is that you first have to give an alternative to what would the government do in the same situation where they can't control the energy price and it is causing inflation in the country that uses bitcoin. Or what would they do in a case like COVID19 pandemic when the economy is shut down and they have to print money to artificially revive it?
They can't print bitcoin out of thin air to artificially keep their economy alive, so what is your suggestion for that?
1471  Economy / Economics / Re: BRICS has become eleven countries instead of five. on: September 02, 2023, 03:53:24 PM
How are you going to use that energy? Go in European universities to get high quality education to use the resources that you have? Or are these countries going to somehow enlighten themselves and develop?
They go to the outer space aliens who built the European universities and gave them the knowledge and learn it from them Cheesy

But seriously, which country are you talking about? Each country has its own strengths and weaknesses and each have different tools at their disposal that they can use. There are no general answer for all these questions.
For example some BRICS members already have the knowledge and experience for building infrastructure and already have their own. The most recent member of BRICS, Iran is one of them that already has the technology needed for exploring, extracting and refining oil and gas and not only has its own infrastructure domestically but also is building more for other countries abroad.

I think Europeans and Americans shouldn't expect migrants from BRICS countries from now on, right?
Why do you think that this time the world is going to change overnight?
1472  Bitcoin / Bitcoin Discussion / Re: Hope is all I have left on: September 02, 2023, 02:08:00 PM
I can only afford to invest into Bitcoin once in two month and that's not every with big money, you should understand my situation, I am too shamed to call a number.
There is no need to be ashamed of anything, specially in the current economic situation in the world.
Not to mention that purchasing bitcoin is not the only way to accumulate it. Based on the signature in your profile you have been part of a signature campaign, so you have indeed earned some additional money in form of tokens that you could have converted to bitcoin.
You can still do more jobs like that to earn bitcoin directly instead of buying it too.
1473  Bitcoin / Bitcoin Discussion / Re: Countries where Bitcoin is “banned” on: September 02, 2023, 08:00:17 AM
#Iran - Cryptocurrencies mined outside the country cannot be traded
That makes no sense Cheesy
Whoever came up with this joke had no idea how cryptocurrencies work. There is no such law in Iran and it wouldn't even be possible to enforce it since that would require ridiculously centralized exchanges that store a massive database with a complex blockchain analysis algorithm that can follow the coins that were mined domestically to prevent anything else from being traded LOL
A big joke indeed , and I personally believe that even with the complex blockchain analysis algorithm and other stuffs, they will still be loopholes available for bitcoins mined outside the country to be traded in the country, the person or those who came up with this restriction do not seem to understand the complexity in bitcoins decentralization or the decentralized part of Bitcoin, bitcoins on chain do not state where it was mined, who mined it or what type of machine was used to mine the Bitcoin, all this I stated would have been an easy way the Iran government would have used to enforce this restriction, but unfortunately for them, the block chain does not provide such data, so for me, I think it's near impossibility for such restriction to be enforced.
You don't seem to have read my comment! I made the important part bold for you. The joke is the one who created this false claim doesn't understand anything.

There is no such law or restriction in Iran, what happened is most probably some random clickbait media wrote a story misinterpreting some other related news or got lost in the translation and thought there is such a silly restriction!

My best guess is the news regarding how the government is willing to use the mined bitcoin (inside Iran) for imports. The clickbait media probably thought this means Iranian miners can't use their coins for anything else then they expanded the news to make it more clickbait-y by adding the part where coins mined abroad are not tradeable.
Now other sites are copying the same nonsense over and over.
1474  Economy / Economics / Re: Europe Will be first to use Stablecoins and btc crypto on: September 02, 2023, 06:05:22 AM
Yes europe Will be first one who Will use crypto and btc and Stable coins.
That makes no sense!
Governments look for control, specially on the economy and the currency people use. They will always fight tooth and nail to keep that control. Which means they are not willing to accept a decentralized currency like bitcoin which they can never exert any form of control over its price, its network or to apply any form of censorship like they do in centralized fiat system.

When it comes to cryptocurrencies (specifically altcoins) they are too useless, flawed and with a short life to be accepted by any government least of which Europe that needs that authoritarian rule over civilian's money.

This is even more true when it comes to stablecoins that are centralized but in the control of a company that is usually not under a jurisdiction that they can control.

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Becouse euro can not survive any longer it's impossible and soon only legit currencies in Europe Will be btc eth or usdc usdt or busd becouse binance have enourmous power in Europe.
LOL
Europe's economy is facing a crisis for sure but it is not yet as big as the last one's like the one in the 70's and even when it grows to be just as big or even bigger, it still won't "kill euro", it will just weaken it.
And the solution is not to use bitcoin or any of the shitcoins you listed here.

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I give euro about life time few months maximum time then it Will be replaced first with USDT
Europe's economy is dumping but it won't be a few months.

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NOW you asking how it could be happening? What's the trigger? It's war off course ... But actually main reason is that euro don't have backer.
It's not the war, the war is just he catalyst. The real reason is US milking Europe for all its worth so that US can survive.

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You see i know everything with me you guys are smart Also i Will make my School and start teach the real knowledge about everything becouse there is barerly things what existing what i dont know.
LOL
Your whole comment sounds like someone who is bag-holding the shitcoins you listed here and are too shy to only list them as the replacement for euro so you also included bitcoin Cheesy
1475  Economy / Economics / Re: BRICS has become eleven countries instead of five. on: September 02, 2023, 04:43:20 AM
This will give additional options, especially for poor countries, to get out of American hegemony, which has become hated by the majority of countries.
What's interesting to point out is that majority of countries that you think are "poor countries" are actually super rich but are kept poor as they are the oppressed. For example look at Africa with different nations that keep making the news these days. They have vast amounts of wealth in form of minerals, energy, precious metals, etc. and at the same time they have the highest level of poverty, illiteracy, etc. simply because their wealth is being stolen by the colonizers!

Movements like BRICS have the potential of changing that.

And the G7 countries are politically more democratically developed,
I strongly disagree because the evidence suggests otherwise. The thing is, these countries have been able to reach a stability over the past couple of decades. In a stable society there is no need for authoritarian rule. But let that stability be disrupted a tiny bit and you'll see their true faces.

Take France for instance. Just recently as soon as the stability was threatened after the French police murdered a child they brought out the military to suppress civilians with martial law where nobody was even allowed to exit their homes! Meanwhile there is a media blackout, social media removes anything remotely related to France and the statistics of how many people the military killed is still not allowed to be made public. And they claim to have freedom of speech.

Besides I always say Democracy is a plague since it is just the modern form of dictatorship. The best example is United States with its primitive constitution and election where the population is only forced to choose between two incompetent men one worse than the other to become the new puppet. While the actual decision are made by the regime which they like to call "deep state" to make it sound like conspiracy theory.
Otherwise a senile old man who doesn't remember who he is half the time is not capable of anything or the previous idiot who was literally stripped of of all his powers according to the chairman of joint chiefs of staff.
1476  Bitcoin / Development & Technical Discussion / Re: Multi-Sig Strategy to Keep Bitcoin is not the Ideal Solutions for Individuals on: September 02, 2023, 04:06:40 AM
I see the point you are trying to make is that multi-sign wallets shouldn't be labelled as not ideal for individuals because of human error. I understand that if I want to set up and use the multi-sig wallet my first step to take is to get educated and learn how to use it the right way and understand the advantages and disadvantages inherent in it. From your reply I understand that using a multi-sig wallet is in tandem with the core principle of decentralization where I and other people have control over their own assets and security.
Exactly. In decentralized system where every user is responsible for their own security, they must first educate themselves. Of course in such a system without a central authority it is up to us (who know a tiny bit more) to provide them with the best and most accurate information to help guide them in their decision making.
1477  Bitcoin / Development & Technical Discussion / Re: Are Taproot addresses less secure than native Segwit? on: September 02, 2023, 04:00:03 AM
I am also a fool and want to ask and this could be more out of topic, so the question is there a possibility to change the current Bitcoin address format and make it easier like happens on Ethereum chain with their ENS system so it can be like dansus021.btc or that gonna possible in layer 2
The Ethereum ENS is a silly nonsense that "maps" human readable strings to actual addresses. It does not change the address format or anything under the hood. In other words it is creating an extra step when making payment since you'll have to first convert that string to an actual address then make the payment.
It doesn't need layer 2, it can be built in a side chain very easily.
1478  Economy / Economics / Re: Stable coin or having USD in bank on: September 01, 2023, 04:37:51 PM
The people  in countries that have high inflation rate prefer to save foreign currencies like United States dollar.
Actually a lot of them prefer gold and other assets including real estate.

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Stable coin was created and most people from these high inflation countries prefer to save stable coins.
That's stupid in my opinion. If the choice is between a centralized shitcoin called stablecoin and the US dollar, the dollar is always the choice without hesitation.
Because for starters these stablecoins are not guaranteed to be stable, they just are stable for now and can get dumped at any time. Additionally they are always centralized or have centralized attributes which makes them terrible. For example Tether can easily be frozen!
That's not true about dollar specially in cash form.

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Or is there other alternative which can be comparable with bitcoin in a way it would be independent and having full control characteristic.
Gold. I personally prefer standard government/bank issued coins. It is independent of bitcoin and also it is speculated to shoot up in 2024.
1479  Economy / Speculation / Re: BTC Sentiment Poll for September on: September 01, 2023, 03:55:35 PM
Time flies. We're already in September. Tongue

We are back to $25k and it is June all over again. There will be dump attempts to break this strong resistance and there is a good chance that they will fail similar to June then we see the breakout back above $30k again.
With the fact that the recent attempt to go up (the failed $28k rise) could mean my theory above is correct so far since with fake dump attempts there will be also these sudden jumps upward as the dump fails.

P.S. What does everyone think about the similarities of bitcoin price with gold in the recent months?
Gold rose in July, stayed up in August and dump started on 8th bottom was 18th.
Bitcoin rose in last week of June and continued in July and stayed up until August 16 and bottom was basically on 18th.
1480  Bitcoin / Bitcoin Discussion / Re: Spot Bitcoin ETF Approval Odds Rise to 75% (Bloomberg) on: September 01, 2023, 01:00:31 PM
If so, I don't think SEC actually had anything to do with it.
SEC is still a government agency not an independent entity, so it should technically follow the same attitude US government has towards companies such as BlackRock. My argument is that this fact will affect their decision regarding approval of the ETF.
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