From the article it seems that the major concern of EU is environment while considering a ban on bitcoin or other POW coins. It's not a myth that EU is one of the most environmentally conscious continent but the ban on cryptocurrency might further worsen their debt laden economy.

To be honest, banning bitcoin is a task that is easier said than done! Let the EU enforcement agencies find a needle in the haystack.

Does it matter?? I guess not! Mr. Buffett is a money whore who sniffs out money from anywhere. But it's interesting to see that he didn't invest in bitcoin directly, rather invested kn a fintech company that is popular amongst the new age investors. So I don't think he has changed his mind. But just taken a calculated risk on something he is not much familiar with!

But anyway, the bitcoin community is immune from his comments and actions.

They have your spending habit! that's the data they sell to biggies like Google, Amazon and Facebook so that these biggies can serve you advertisements that matches your spending habit. So assume if you are a frequent user of Uber Eats, you will be served with ads from local restaurants and the offers you can get if you want to order food from them. Now let's assume a competitor of Uber Eats has started their operations in your country, so their advertising will be served to you over anyone else because you have shown a steady spend in Uber Eats. Data monetization is a big business which doesn't really cause a severe privacy risk but it really helps in serving right content to the right audience. Anyone working in Digital marketing field, knows that!


Wouldn't disagree! But privacy is slowly becoming a major concern for the internet savy generation. Facebook and Google have been grilled in the court of law several times over this issue and it is still ongoing! Amongst the big companies, I have seen only Apple has tried to make it either black or white for it's users. rest all other companies are thriving on user data and its monetization.

I have similar thought here! 1 year is too young for a child to start learning about cryptos and you have rightly pointed out that majority of the cryptos will change in few years of time due to the sheer volatility in the market.

It's very important to teach about money and finances. It is very important to teach them about the power of compounding and saving money. But everything has a time. Let childhood remain as it should remain.

NFT market is purely created to help the scammers and money laundering activities. It's a great method to turn your black money into white. There is no art in the entire NFT world.

If you visit opensea platform and browse the collections, you will see ape pictures are being sold for millions and real pieces of art is staying unsold. There are multiple examples you can see during your visit.

NFT market doesn't value art, it values the hype! Once this hype is gone, NFT market will go down to drain as well.

Why would US being the most powerful country in the world, do such nonsense? Not just US, I don't think any other country will peg their fiat price with bitcoin. No country would want such volatility in their fiat price. That will be a suicide from economic perspective.

Countries may adopt bitcoin in future and probably invest a very minor percentage of the fund into bitcoin, but no one would peg the fiat value with it. It will not just slow down the economic growth but also make it extremely difficult to manage day to day operations with such volatility.

As per previous trends, the bitcoin price should increase in such cases whenever we will see a threat of unrrst or war. Because government controls the fiat and banks so it is very easy for them to freeze funds of the common people. We have already seen such instances during the Hongkong protest against China.

So I don't think the decrease in bitcoin price has anything to do with the current war situation. It has been triggered by something else!

That's probably true! In this advanced computing age, it's very very hard to ban anything that runs over the internet. Because it is quite easy to find a workaround and for the enforcement agencies, it's like finding a needle in a haystack. So what the Finance Minister of Russia is saying, makes complete sense! This way the Russian government will be able to generate tax revenue. But if they ban it, the activities will remain as it is, but they will loose on the tax revenue.

The central banks around the world, are against bitcoin. Because a mediator-free system is an existential threat to the centralized financial bodies. So not only Russia, but other central banks are also vocal about banning the entire crypto ecosystem. It's good that at least a progressive person is leading the finance ministry in Russia.

Credit card business thrives on partner spending. An average credit card issuer earns around 30% of their profit from advertising such cashbacks and reward points from a partner store. So it's a risk free income for them. That's the only reason we see so many cashbacks and particular type of spending from a particular store.

I want to introduce you to a very interesting business idea of a company called CRED. It's valuation is more than a billion dollar and their main business is credit card data monetization. Go ahead and explore their business model and you will be surprised to know that - for any good thing that comes to you for free, you become the product!

Bitcoin has the power to stop all these! But the moment you use a third party card service to spend your bitcoins, the card issuer starts monetizing your spend data to fill their coffers. If you learn how CRED works, you will understand the entire game here!

So if someone has no issues in being tracked by corporates, they would give up their privacy and use a bitcoin debit card. People who prefer privacy over anything else, they won't!

Merit to OP for speaking the truth! NFT is a pure hype just like we had for ICO and Defi which eventually died a painful death after siphoning out billions of dollars from investors pocket. NFT is going to do the same thing, but on a larger scale. Majority of the people will burn their hard eanred money behind some stupid images.

Honestly, If someone has millions to invest in art, they must go for real paintings of known artists. An NFT winter is absolutely coming which may never get over.

It depends on an individual. For many people, especially who plays in physical casinos, gambling is a way of entertainment. They like to be socialize over a card game holding a peg of whiskey.

But in online casinos, majority of the players join to make money and to get the benefits from the bonuses. There are always two types of gamblers in the market. Many people love adrenaline rush in their head, that's another reason for gamblers to gamble. Money doesn't always take precedence.

Coexistence is the key! Crypto systems aren't capable of handling the global remittance volume. Its store of value isn't guaranteed by some entity. So I don't see why a traditional banking system will have to be uprooted.

Crypto and banking system can peacefully co-exist through technology inclusion. Crypto is a parallel ecosystem and thrives in a similar manner.

I agree that the content of the video is very interesting. But way ahead of time!

I loved the statement which says - when Canadian dollar becomes worthless, we will be here to serve you, too!

However, I fear that this statement may not go well with the court. The meaning of this statement can be easily manipulated in the court of law. I am not sure the country of operation of this wallet service provider, but if they are operating from Canada, they may face the wrath of the government just for this statement.

But the court will surely note this statement to prove that the government doesn't have any power over the bitcoins owned by an individual even if he/she is a criminal in the eye of law. May create more trouble for bitcoin and its users in Canada where a banking ban is already imposed against bitcoin.

Lol! What do you call a social experiment? It's a pure and simple business! You are creating a NFT in order to sell it and make some money. That's the truth!

You are just using Satoshi brandname to make your NFTs different than others because in NFT market, hype sells more than art! You are just trying to create some hype. There's no social experiment!

Excellent work! Infographics is a great way to spread information across the board. I have one additional request for you.

As yoi have mentioned that 51% of crypto casinos have valid gambling license, I want to see a full list of those casinos. Is that something can be done by you? Just a simple table would do.

Even though gambling license doesn't matter a lot into crypto gambling field,  but it's definitely an additional parameter that generates trust! So looking forward to hear from you.

I will sign that petition without fail. But did change .org was able to change anything at all over the last couple of years? Crypto is much more sensitive than it is being shown by the government.

Especially when RBI is strongly pushing back and asking government to ban cryptocurrency from India. Even today the Dy. Governor of RBI spoke up against cryptocurrency.

The hashtag trending is a good thing but the Finance Ministry is under huge pressure to ban cryptos from the banking lobby. Let's hope the finance Ministry will stick to its decision of not banning cryptocurrency.

It all depends on what you think the team is! If you are looking for next 20 - 25 years, bitcoin will remain as a market leader and the backbone of the entire crypto market just like today. Also it will remain as one of the best performing assets which will find its way into various new markets when more countries will approve bitcoin to be used as an investment.

But I am not overly bullish to say that it will become the main store of value in the world. It will simply remain as it is today!

It's a hilarious claim to be honest! Bitcoin has a market cap of 77 billion dollar and the total crypto market cap is standing at 1.86 Trillion at this moment. As per some reports, the global economy stands at roughly 100 trillion dollars. So I am not sure how can crypto market can fuel destabilization into global economy! This is definitely based on some personal prejudice and not on hard facts!

Those banks like JPM or MS has understood the next big game and that's why they have started offering investments into bitcoin fund and other crypto related instruments. These banks have picked up the trend quite early and understood that if they don't change with time, they will become extinct. So it's their future survival strategy to stay at the top of the game. The banks and financial institutions who have not picked up on it, they will surely face extinction slowly but surely!

Inflation doesn't go down drastically. It always happens slowly and steadily if corrective measures are taken by the government. The only way to deal with inflation is to reduce the demand. To reduce the demand, tou have to suck out the excess money from the hands of the common people to government coffers. Interest rate increases and higher taxes are the most effective ways to do that.

For a common people to survive during high inflation, he has to invest in an inflation adjusted instruments like real estate or Gold or cryptos. So when the purchasing power of a currency goes down, the prices of these assets goes up to fill in the hollow.

Am I the only one who thinks that Ukraine is considering a war is imminent and paved way for their citizens to move to a decentralized form of currency in case the need arise in future? I may be terribly wrong but I welcome the fact that Ukraine has taken at least a right step. Legal grey area is a dangerous thing and some crypto exchanges of my country have already experienced this. So it's always better to have everything in black and white which is not only efficient but makes it easier for everyone to adhere to it. That brings speed and trust within the ecosystem. I hope Ukraine gets full benefit from the legalization of cryptos and probably set an example to the world.