It's not a safe heaver in traditional meaning. By safe heaven, we understand some form of assets which will provide support during a bad market movement. Bitcoin is definitely not this kind of safe heaven because of its volatility.

Bitcoin is a safe heaven to save your wealth from the government or enforcement agencies etc. In times of crisis. We have seen it during Hongkong crisis and we are seeing it now for Russia Ukraine crisis. If you want traditional safe heaven - buy gold!

If someone says that he/she isn't addicted to money, is probably lying or he/she has a million dollar in their bank account. Money is the solution to the 99% of the problems in the world and cryptocurrency is just money. Stupid people will always come up with stupid business ideas to find even stupider people as their customers. This is probably one prime example of auch stupidity.  Less than 10% of human population earns beyond 90k annually so it's a pure non-sense!

Not at all! These are very small countries with Similar smaller contribution ti the world GDP. What they are doing, is for their own benefits and the world doesn't follow their footsteps. So having bitcoin as a world currency, is not possible.

But yes, if suddenly US adopts bitcoin as a legal tender and remove dollars from their economy (won't happen), then bitcoin has a chance of becoming world currency. Otherwise it's impossible!

Only the naysayers are panicking, no one else! I would say start accumulating bitcoin in slow pace. Keep an open eye to the volatility and keep on buying in little quantities. If you have 1000 dollars to invest, break it up in 10 parts of 100 dollars each. That will average out your buying price to keep the risk low.

But do not expect that the market will come back up anytime soon. So plan your investment for alteast 2 - 3 years timeframe.

I knew NFT would fail when I saw the market values only hype and not real art. But that's not the case with bitcoin. So even I am wondering why bitcoin value is going down constantly! But I know that it's the best time to accumulate more bitcoins.

I wouldn't care about what 9gag says. Bitcoin has seen a fair share of controversy since its inception and despite all these, it has seen a strong growth. There will always be naysayers in the market but but doesn't matter a lot!

It looks difficult even if the reward amount is tempting. But it's good that at least a country has stood up against such ongoing nuisances which has caused a lot of troubles already. But the group of hackers are already super smart and they know how to hide their trail. Also, they are located in Russia which could be the biggest road-blocker for US considering the current US-Russia relationship.

So we can only hope for the best but not sure if it going to bring any yield or not. Unless these hackers make a rookie mistake, it's very difficult to locate them. Once they are located, they will have to be arrested in Russia which is another tough job. But at least we are seeing some traction from the end of a government, that's a net positive!

Technically speaking, bitcoin is a dinosaur! Many other altcoins are faster, cheaper, private and better than bitcoin. If I want to transact regularly in cryptocurrency, I would definitely prefer some altcoins over bitcoin. So the list makes complete sense and I don't see any surprises.

Bitcoin is enjoying the first mover advantage in the crypto market. It is the pioneer. People around the world are invested heavily on bitcoin related mining hardware and operations. So in terms of popularity, it's impossible that some other altcoins will ever suppress bitcoin, but technically it's a little old.

It's really good to see that California has a visionary governor. While majority of the politicians fail to understand the impact of cryptocurrencies on the economy, such kind of exceptions really keeps our hopes alive. We are getting there, slowly but surely! I am not a fan of regulations but this is something we can't really avoid.

Also for legal entities, it is very important to have a legal framework available so that they can transact in cryptos with confidence. I just hope no other corporates start hoarding up like Microstrategy.

Data is a very valuable commodity and no token or decentralized network can save you from being monetized unless you use TOR or similar network. The best way to save youself from sharing your personal data is to stay away from internet and that's it! Nothing else can really save you from the prying eyes of the corporates.

But unless you are visiting some really malicious websites, you shouldn't face much issues. You will only show couple of ads based on your recent search and surfing history.

When the real world market is down, people are buying virtual lands! Is there any end to this stupidity? Ig someone has so much money to buy land parcel in virtual land, I would rather request them to buy a land in real life. That's a better investment that just makes sense!

Come out of imagination guys! This virtual market is already bleeding after the initial excitement. This metaverse nonsense will die a bloody death sooner than later. If you have money, invest in real land, gold etc.

No it's not the big one! Market is indeed crashing due to the increase in interest by FED. Same is happening in India as well, after Indian central bank announced an interest increase of 40 BPS points. But such crashes are temporary.

Increase in interest rate forces a segment of investors who had invested their extra cash in stock market. Some institutions who are parking their free cash in stock market, has been pulled out as well. So a temporary crash we are seeing.

That will recover quite soon.

This initiative has both good and bad sides to it. It will certainly help in further adoption of cryptocurrencies as a banking institution is offering this service. So a lot of people might become interested in owning some bitcoins through banking channels.

But the anonymity will be gone! Every bank has to follow the KYC procedures and whoever buys bitcoins from banking institutions, they can't remain anonymous. But if you are not finicky about privacy, that's a net positive!

cockfighting is one of the oldest gambling form that still exists today, along with horse racing. While horse racing is somewhat not super unethical, cockfighting is really unethical and it usually ends with a murder of an animal. But when governments has seen revenue, they didn't stop the spread, rather PH has a separate department for regulating such gambling habit.

https://www.pagcor.ph/regulatory/e-sabong.php

Cockfighting is a gambling game for the lower income group people in PH that's why it became immensely popular among the mass. But I am glad, that the government has finally decided to pull the plug from such bloody unethical game.

Today's Indian Central Bank has increased the interest rate by 40 points. The Indian stock marked immediately started bleeding immediately after that. That will be the story in every major market for next few weeks. The inflation is a worldwide problem and every major economy will look forward to increase interest rate to such out the extra money from the economy so that people started keeping a check on their spending habit. So that the demand goes down and so that the supply and at the end the price comes down. That's a major weapon against inflation.

Now it's a good time to buy bitcoin because now investors will look for alternative assets like this. This has always been a trend with precious metals whenever the interest rate increases. Same would happen with bitcoin as well.

Simply no one! The reasons are very simple! ETH is enjoying the "first mover advantage" as they are the first ever cryptocurrency to have smart contract facility. We are definitely seeing multiple clone of it but none was able to take over ETH.

Also Vitalik is an active developer who tries to do better for ETH. Since the users are facing high fees and also some environmental concerns around its mining, he is moving it to POS algorithm. It's not an easy task but the people know that at least someone is listening to them. For these reasons, I don't see ETH will be taken over by any other coin anytime soon!

Bitcoin is slowly getting momentum for sure! Not just corporates or educational institutions, but even countries are joining the bandwagon. Recently Brazil and Mexico has shown interest in legalizing bitcoin. So we are slowly getting there.

It's a chain reaction really. Such kind of mass adoption takes time and that's what is happening with bitcoin as well. That's what we can expect, what else!

Chivo roughly has four million users. So 20% of it is roughly 8,00,00 users. That means, 8,00,000 users are actively using bitcoin for their daily transaction needs. That is awesome! The president of El-Salvador didn't ban usage of dollar so it's upto the citizens on what mode of payment they want to use. So with this choice available, 8,00,000 users is an encouraging number I would say.

But the practical challenge of using bitcoin is the price volatility. A product that costs 0.01 btc today, might become 0.015 bitcoin tomorrow. That's the challenge and that is probably discouraging a lot of users from suing bitcoin for daily purchases. 

As a CEO of a cryptocurrency related company, you must be bullish about the market and its penetration. In 10 to 20 years, many things can happen. If we look at the growth rate of crypto adoption, 1 billion is a moderate prediction. We can see more than 1 billion.

That certainly means more countries will jump into the crypto bandwagon. More structured legal framework will be available. More startups emerging in the crypto market which will lead to more jobs etc. The whole ecosystem will increase.

There is no official guidelines available till date. However, if the exchange is deducting the TDS, that should reflect in your 26AS form. That will give our government an idea on how much value you have transacted. Crypto exchanges will no be deducting 30% taxes, it's highly unlikely! So you have to keep track of all your crypto to fiat transactions. That 1% TDS will help you match you taxes with the calculation.

For example, you see that crypto exchanges have deducted 1000 rupees TDS in the entire financial year as per 26AS form. That means, your taxable crypto transaction value must be 100,000 rupees. So you are expected to pay 30,000 in crypto taxes.

Tesla actually back stepped due to the controversies erupted after they decided to use bitcoin as a payment method. Since Tesla is a producer of electric cars, they will always try very hard to defend their image of an environment friendly company. That's their USP. When they had faced a fair share of controversy because environmentalists are constantly trying to raise concerns around the usage of fossil fuel for bitcoin mining.

I don't see Tesla will resume its bitcoin acceptance anytime soon. But they might look at some POS coins to put the controversies to rest.