XRP doesn't have smart contracts, and it's not as widely accepted as ETH for the payment of goods and/or services. ETH is like a "multi-purpose Blockchain" where you can do far more than just finance. Besides, it was the first platform to bring the concept of Web 3.0 to the world. I guess that's what makes ETH the "King of Altcoins" these days.

Not even alternative chains with cheaper fees and faster confirmation times have been able to take ETH's position on the market. Taking it down, would be no different than taking BTC down which is the "Father of Cryptocurrency". The world's second-largest cryptocurrency by market cap (ETH) has been going strong since day one, so it's likely it will last a lifetime. I'd recommend you buy and hold ETH, as the best is yet to come. Just my thoughts

That's the real issue. Thanks for highlighting that. Even though fees can increase with every NFT inscription, scammers can still profit by selling their NFTs at a high price on the market. Most people don't do their own research when investing into crypto or NFTs themselves, so they will get scammed big time.

I think it would've been better for Ordinals to live on a Layer-2 scaling solution such as the Lightning Network just to avoid adding further pressure to the main Bitcoin blockchain. Maybe nodes/miners will ultimately reject transactions with Ordinals inscriptions for the good of the network itself? I really hope BTC stays cheap and fast to use (sort of) for day-to-day payments. Otherwise, it'd become completely unusable. No one can predict the future, so we can only hope for the best. Just my opinion

That is true. But things could change now that China is starting to embrace crypto/Blockchain tech through Hong Kong. It's likely Russia will follow its "partner's footsteps" by doing the same after it recovers from the Ukraine war. This is a process that could take years to accomplish, considering that the Russian economy had a severe downfall due to sanctions and the war itself. Even if Russia doesn't approve the use of crypto, people can still get access to it as long as it remains decentralized and censorship-resistant. The only downside is that it will be almost impossible to buy/sell crypto using Russian Rubles alone.

These are uncertain times we're living into, so expect the unexpected. Who knows what would be of Bitcoin within the country in a decade from now? Just my thoughts

There are rumors FTX will make a comeback before the end of the year. If that happens, SOL's market price will "pump" big time. That's because the now-defunct exchange had big investments in the Solana project itself. But if FTX stays dead, I doubt Solana will survive unless developers start caring about the security/reliability of its own Blockchain network.

There have been too many outages in the past, telling us that Solana is still in "experimental phase". Whales are keeping the coin afloat, but that may not last for long if NFT and dApp projects continue to leave the platform for other competing chains. The team is now hyping the Solana smartphone, instead of putting their efforts on what matters most. Ultimately, the market will decide the fate of SOL. As long as you don't invest more than what you can't afford to lose, there should be nothing to worry about. Just my thoughts

Big risks = big rewards. If you're up to the game, then "meme" coins are for you. Otherwise, I'd suggest you look elsewhere. To be honest with you, Shiba Inu is just a "failed attempt" to catch up on Dogecoin's past success. You simply can't beat the real thing.

DOGE is the original "meme" coin, so there's high probability it will last a lifetime. I can't say the same about SHIBA, especially when it doesn't have its own Blockchain network. But at least it's a fun cryptocurrency to "play with". Maybe someday Shiba Inu will have a Blockchain if its own? If developers separate SHIBA from ETH, while they start burning the supply, market prices could go all the way to the moon. No one can predict the future, so let's hope for the best. opinion

Ordinals NFTs are just "inscriptions" on the Bitcoin blockchain. They don't contain data from the NFT itself. As long as network fees are paid, the transaction is considered valid by the Blockchain. We could say "spam attacks" are also valid transactions, even though their intentions are malicious. Eventually, fees will rise to a point where it becomes economically unfeasible for the attacker to continue spamming the network with transactions.

I believe the same will happen with Ordinals in the long run. The higher the rate of NFTs inscriptions, the higher the fees will be. Once that happens, there will be a decline in NFT inscriptions, paving the way for normal users to perform transactions at a lower cost. BTC is strong and resilient, so there should be nothing to worry about. Just my thoughts

People are free to decide what to do with their Bitcoin. It's not like Fiat currencies where you are subject to banks' and governments' own will. What makes Bitcoin stronger is its decentralized and open source design. Popularity for the cryptocurrency keeps rising even during uncertain times, so I'm confident it will last a lifetime. I think "market volatility" will be solved once crypto becomes a mature asset class in the future. BTC will be a lot more stable by then, making it a lot more useful as a currency.

No matter what happens in the future, we can't deny that 1 BTC = 1 BTC no matter what. In a "hyperbitcoinized world" this would make sense. Countries are slowly adopting BTC as an alternative to Fiat, so it should only be a matter of time before this happens. Just my opinion

It's a "battle" that's just getting started. The US knows crypto is a "force to reckon with", so it's doing everything in its power to minimize its usage across the country. Otherwise, that would mean the death of the US Dollar. DEXs were created as a response from governments' abusive overreach towards crypto users. They might be slow and expensive at times, but no single entity can shut them down thanks to the way they're designed (unless they're not truly-decentralized).

Tightening regulations from the SEC will result in a massive exodus of crypto companies from the US to other areas. US-based crypto customers will be the ones mostly affected when they find out how difficult it'll be to get in/out of crypto with US Dollars. P2P exchanges would be the only way to buy/sell crypto with USD. DEXs don't have Fiat on/off ramps, but they're still useful for crypto-to-crypto trades. I really hope crypto advocates win in the long run, leaving the US open for crypto business. No one can predict the future, so we can only hope for the best. Just my thoughts

Received. Thank you very much DogecoinMachine and Crypto.Games team!

Of course. It's totally weird to see someone accept BTC as payment method, back at the time when almost nobody knew about it. The pizza guy would've rejected Mr. Hanyecz's Bitcoin payment outright. He was a true believer of BTC to have received the payment without remorse. Maybe the pizza guy is now a wealthy person? That is assuming he held onto the 10k BTC paid by Mr. Hanyecz up to this point.

Anyways, you can see that BTC was really put up to good use back in its early days. Now there are many merchants accepting it as payment method for goods and services. What you need to ask yourself is if market price matters when spending your BTC? If you use BTC as digital cash, that won't be a concern for you. But if you rely on BTC as an investment, that's another story. At least we know BTC won't be going anywhere thanks to its decentralized and censorship-resistant design. Just my opinion

At least, El Salvador is off to a good start. Latin-American countries should copy its model for true financial prosperity. I believe the Government of El Salvador will provide the necessary tools and education to spur adoption of Bitcoin among its citizens. Good things take time before they produce promising results.

If BTC goes to the moon as predicted, El Salvador would be on a "winning streak". Maybe it will turn into a developed country in the future? As long as Nayib Bukele is in power, anything's possible. Just my thoughts

The number of people really using BTC as cash is very small. The vast majority of people worldwide sees Bitcoin as an investment or a means to get rich quick. Therefore, market prices matters to them at the time of making a purchase. I don't blame them since the world still moves around Fiat. As long as we're living in the "Fiat Standard", don't expect Bitcoin to go anywhere soon.

I'm fine with that as long as BTC delivers as promised. There are many merchants accepting the cryptocurrency worldwide, so there should be nothing to worry about. Who knows how big BTC will become in the future? Just my thoughts

Lawmakers really need to educate themselves about crypto/Blockchain tech before coming forward with regulations. As you've said before, existing laws/regulations were made at a time when crypto didn't even exist. I hope that US Congress gets its act together by devising a clear regulatory framework for the entire industry. Only then, crypto/Blockchain tech will be able to grow within the US without obstacles and/or limitations.

Crypto advocates need to "fight" in every way possible, to help prevent the industry from leaving the country (US). If Ripple, Coinbase, and other big names in the crypto industry win lawsuits, then we'd be off to a good start. Let's hope all goes well in the long run. Just my opinion

These so-called "decentralized exchanges" are a joke these days. The founders/creators of such exchanges have their identities known to the public. Not to mention that 99.9% of DEXs are built using centralized infrastructure. It's no wonder why governments can easily go after such exchanges. Uniswap had a reputation of leaving its V3 version of the protocol as "closed source" (although now that's no longer the case). You can see that developers only care about making money instead of what matters most (which is decentralization and censorship-resistance).

At least, we have a small number of DEXs that truly deliver as promised. Ultimately, the SEC will give up once it discovers that it's impossible to take down the decentralized world of crypto/Blockchain tech. Who knows if this will make the industry bigger and stronger than ever? Just my thoughts

I'm afraid so. DEXs are still far from being a perfect replacement for CEXs. Besides, you can't expect a DEX to comply with regulations if it's truly decentralized and censorship-resistant. CEXs may've suffered a severe blow after the FTX collapse, but that doesn't mean they will die. Regulations will increase to help prevent another catastrophe like the FTX implosion from happening again. As long as governments are keen on collecting crypto taxes, don't expect CEXs to go anywhere soon.

I hope DEXs improve to a point where they become as comparable as their centralized counterparts in terms of performance and user experience. With L2 scaling solutions, and native mobile apps, we should expect DEXs to grow bigger in the future. Who knows if they get to last for generations? Just my opinion

It's not that "banks are still superior to crypto". It's just that the whole world still goes around Fiat. The majority hasn't abandoned the traditional banking system in favor of crypto/Blockchain tech, so expect further volatility down the road. Once the world adopts the "Bitcoin Standard", things will never be the same. At least, that's what many of us hope for. But there are centralizing forces at play that will prevent banks from losing ground anytime soon.

Crypto is decentralized, so it's highly-unlikely it'll replace banks in the future. I'm fine with that, as long as I'm able to enjoy true financial freedom in the long run. Just my thoughts

Hong Kong is part of China. So this means the mainland is indirectly supporting crypto/Blockchain tech through HK for its own benefit. It's a huge win for both citizens of HK and the Chinese government itself. Considering that Hong Kong is one of the world's biggest financial hubs, the adoption of crypto/Blockchain tech within the region will lead towards massive growth of the industry in the long run.

I hope HK doesn't overregulate crypto like the US is doing right now. It would scare away crypto startups and companies alike. Flexible regulations are key towards the healthy growth of the crypto industry as a whole. Who knows if this will positively affect crypto market prices in the long run? Just my opinion

Coinbase is even bigger than Bittrex. If it leaves, it will be a huge blow to the US in the long run. The country needs pro-crypto politicians, in order to devise a proper regulatory framework for the industry. Last time I've read the news, a Republican congressman proposed a bill to oust SEC chairman Gary Gensler and replace him with a new director. Whenever that will get approved by Congress is yet to be seen.

It would be a hugeq relief for both crypto exchanges and US customers if industry regulations eased off a bit without Gary Gensler. Maybe this will bring back exchanges that left the country because of strict regulations? Time is running out for the US, so it'd better act fast before other countries "eat its candies". Who knows what the future holds for crypto/Blockchain tech in the region? Just my thoughts

I've read a news article from Reuters that the SEC (a US government agency) claims exisiting rules for exchanges also apply to decentralized exchanges (DEX). More details on that here: https://www.reuters.com/markets/us/us-sec-weigh-taking-more-feedback-plan-expand-exchange-definition-2023-04-14/

Does that mean the SEC will begin to enforce regulations on DEXs? Most of the so-called DEXs we know and love today are not as decentralized as they claim to be. Some have publicly-known developers, while others are hosted on centralized servers using centralized infrastructure. I fail to see how the SEC will succeed, especially when there's a small minority of DEXs that are truly-decentralized (it becomes difficult, if not impossible, to enforce regulations).

Do you think the SEC has gone too far on its crypto/Blockchain crackdown? If not, why? Your input will be greatly appreciated. Thank you.

Isn't IPFS and ENS censorship-resistant? I think it's possible to build a DEX using these technologies alone for complete peace of mind. The front-end interface of the exchange would be hosted on IPFS, while the domain name would be pointed to ENS. But I see what you mean. The vast majority of DEX projects are built using centralized infrastructure, making it easy for governments to shut them down at will. That, and also the fact that most projects have exposed the identities of their developer team.

I know that something made by an anonymous person would raise a red flag, but we could say the same about Bitcoin whose creator is yet to be revealed. If people trust BTC even though no one knows who created it, then they can trust a truly-decentralized exchange built by an anonymous person or group of anonymous individuals. Let's see how governments' efforts to stop the revolution will turn out to be once they hit the wall of decentralization and censorship resistance. Either they join crypto/Blockchain tech or they'll get left behind in the dust. Just my opinion