They cannot go that far, or else they would risk ruining their economy, there isn't any country without a fiat currency, and even though i don't think any country is going to do that, but it surely cannot be a 'poor' country like El Salvador. The only thing i am sure of about El Salvador is that BTC is a legal tender in the country and it has helped to attract BTC tourists and enthusiasts, as for their BTC buys, i am not too sure about that because we can only rely on Tweets of their president on it.

Fiat currencies are highly subject to inflation, so with time your savings to depreciate, this is a losing strategy, and in the case of bitcoin, the opposite is true. Whoever is able to understand this now will have a good advantage in the future.

sorry for delay, payment has been processed.

When it comes to volatility, for those who see bitcoin as a currency, a means of payment, bitcoin volatility is a big problem that needs to be resolved. But for investors, volatility is a boon because it will give them profits, if it goes away, we will also lose some users. I am an investor, but I also believe bitcoin will become more stable over time, and we could also see bitcoin returns getting smaller and smaller compared to previous years. It's actually getting bigger and more stable.

If bitcoin can stabilize, it is almost certain that it will become an alternative to fiat in some countries.

If your intention is to enroll it into their earn feature, you gotta take the risk but I wouldn't say that it's the safest place to store your stable coins.

Staking into exchanges has its risk and that's why we always say that don't store your cryptos in exchanges. While there are options that's giving you the choice to generate your private keys in wallets.

It's better to stake in there than to exchanges that gives no private keys to your holdings. There are desktop wallets that also allows that and that's safer IMO.

There is no other way if you have ERC20 network type assets, I think gass $3 is very standard compared to last few months which can touch $15 per transaction on ERC20 network.
the cheap one at this time is definitely the BEP20 network

Tether is centralized and pegged to the US dollars which give it some level of credibility,  but the assurance is not there that it can be impossible to crashed to zero then also we can have some rare situations that can force the price to crash below recovery and one of such situation is were there is a back in tether network, this could impact its price beyond recovery level and also if the big bag holders decide to walk away pulling an exit one on the remaining tether communities.

Or a government policy could also force its price to fall below that recovery benchmark mark, so even though it seems impossible for the tether to crash to zero, it is also important we are aware of thepossibility for that happen also.

There is no rocket science involved in it, as people are mostly interested in Altcoins because they are comparatively cheaper than Bitcoin and have a higher chance of return on investment. However, not all Altcoins perform well, only a few of them give good returns. To make a profitable investment, one needs to analyze and choose good coins carefully. Otherwise, Bitcoin is the safest option if we talk about the safest coin.

Especially in college, there's student's loans and they need to bring it with them until they graduate and find a job. There have been techniques of saving and saving a portion of 20% of your salary/income is a good practice.

But usually, it goes by 10% and the rest goes to expenses and everything and stuff that you need. Then, any amount or percentage you're able to save is actually a good progress because there are times that it's hard to do it.

True, Russia has close economic relationships with nations like China and India, and these ties can lessen the effects of sanctions. Additionally, Russia has considerable negotiating power in the face of impending sanctions thanks to its capacity to export gas and oil to Western nations.

I also think that a huge positive effect of such a bold move by President Naib Bukele as the legalization of payments BTC throughout the country is the fact that he himself and some of his government members really felt some financial freedom within their country.  

It seems to me, or rather, I am sure that such a young and very active president of this country is a model for other countries in this region, and indeed for many countries around the world.  I also think that such a step as the adoption of bitcoin as a means of payment showed the whole world that El Salvador is a country of young, active and active people, unlike countries like Great Britain or Norway, where everything is completely dreary and everything has somehow grown old .  

For some reason, I imagine Salvadorans as such constantly laughing and having fun young students and students who are used to paying for coffee at Starbucks using LN on their Chivo wallet.  
It seems that it is Bukele who paves the right path to the future for them and all of us.  Or in any case, he found an interesting and promising way for the development of his country.  
I wonder if any of the residents of El Salvador, students or just people who know bitcoin read this topic?  It will be great!  if such people write something here so that we all would have reliable and up-to-date information from El Salvador.

I think that with the introduction of CBDC many banks will disappear, only large state banks will be left to regulate all citizens money, as is already practiced in China. If cryptocurrencies prevent this, governments will try to ban it, as China has tried to do again many times. So yes, banks will never go anywhere.

You don't have to think about that because on-chain data shows it all for us.

Since 2018, Bitcoin network has never gave us costly experience when we have to broadcast our transactions with fee rates like 50 sat/vbyte or 100 sat/vbyte to get a first confirmation within 30 minutes to 1 hour. It has never come back in the last couple of years even with Bitcoin Ordinal recent months.

https://jochen-hoenicke.de/queue/#BTC%20(default%20mempool),all,weight

Ethereum did not resolve its expensive transaction fee since 2018. Last 24 hours, average transaction fee is nearly $10. https://blockchair.com/ethereum

Full chart https://blockchair.com/ethereum/charts/average-transaction-fee-usd

It becomes cheaper than in the past years but is still very expensive for non-whale users.

I think XLM could be a good choice for DCA while prices are low, as it has shown some potential for growth in the past. However, I would caution against making investment decisions based solely on YouTube hype and speculation about XRP's ongoing case.

If I saw, XLM's performance in the last bull run, it's important to consider that cryptocurrency prices are highly volatile and subject to many factors beyond just the performance of a single coin. Then, XLM's close ties to XRP may have contributed to its decline in the past, but this doesn't necessarily mean it will continue to be negatively impacted in the future.

In terms of whether XLM will do well if XRP wins their case, it's hard to say for sure. While some people may be bullish on XLM in this scenario, there are many other factors that could impact its price as well.

Thousands of projects have been started in the past few years, and some of them need this time in this cycle to be forgotten. Meanwhile, new projects, ecosystems emerge and they develop and look for users. There are good opportunities in these times of the market. Altcoins are currently 90% down most of them, I still think some of them are cheap.

I absolutely believe that. If I didn't believe that, I wouldn't be here. The market will grow more one day. However, in times of fluctuations, I want to make opportunity purchases and capture the potential maximum profit. Of course, I know that I can't do it exactly, but even the possibility of experiencing it gives me pleasure. I will continue to fight to be in the right place at the right time, and in the meantime, my faith in Bitcoin and this market will never wane. I wish everyone good luck.

not surprised by that. I think many people feel the same way, I've even made transactions with higher fees than that. After all, it's a thing that needs to be done, so like it or not, we have to pay that fee to make a transaction. The only way to make cheap transactions is to always check the gas fee. If at that time the gas is cheap, then make a transaction, that way you might get a cheaper fee.

@Abiky. There was a case when the SEC sued someone but the judge made a decision that ruled against the SEC, citing that there was no clear regulatory structure to use as guidelines for the projects in the cryptospace. I have posted about it, however, it did not have the attention of the readers. I will find it and share it later.

In any case, news update. Coinbase sues the SEC heheheheheh.



Coinbase is suing the Securities and Exchange Commission.

The lawsuit follows on a petition for a rulemaking that the company filed with the SEC last summer, requesting the commission draft and approve a rule specific to digital assets. The lawsuit aims to force the agency to provide a yes or no to Coinbase's ask.

Since that request by Coinbase, the SEC has reopened custody and exchange rules to explicitly say that they apply to digital assets, but has not engaged in drafting a rule specific to digital assets.

Source https://www.theblock.co/post/228047/coinbase-sues-the-sec-for-answer-on-rule-specific-to-digital-assets

Guys, if you are currently staking ETH or have made comprehensive research as to which platform is the best all in all in ETH staking, please share your experience. Share numbers as well like the APY, the fees, etc.

Please share your experience regardless of where you're staking, whether it is on a centralized platform or on a liquid or non-liquid staking pool.

Currently, it appears as if Lido and Nexo are two of the largest, at least as far as liquid pools are concerned.

Also share the security considerations that you also took into account in your decision. Or is ETH staking using third party worth it?