This is not good. I recently heard on the news that the newly elected US President Biden is appointing her to a high position in his government. At the same time, he is changing SEC leaders to be more loyal to the cryptocurrency.
We see that some decisions regarding cryptocurrency can very seriously affect it and its price. Therefore, people like Lagarde in power are dangerous for cryptocurrency. This danger should not be underestimated.

Of course you are wrong. The dollar-backed stablecoin is essentially the same dollar, only in digital form. Yes, if the dollar depreciates, then we will see a 1: 1 ratio in the CoinMarketCap table. However, these numbers only indicate the dollar's backing of the stablecoin, not its price. The dollar price is not reflected here. The dollar in this case will be subject to inflation and its rate will fall, however, from the point of view of a stablecoin, it will remain backed by one dollar of less value.
This does not directly affect the price of bitcoin, but internally its price should rise in price over time.

The same can be said for any other altcoin. Everyone has the right to invest in the cryptocurrency that he considers profitable for investment. I do not understand a bit why some of the members of this forum are so negative about Ethereum. Given the high level of capitalization of bitcoin, almost all cryptocurrencies are now following the price movement of bitcoin. Why blame ethereum for this? Moreover, recently this coin has significantly outstripped Bitcoin in price growth and even grew in price during the period. when he fell slightly or practically stood still.
Ethereum is now fully updated. I am confident that this coin will gain even more popularity after this update.

Of course, participation in bounty companies provides not only the opportunity to receive new tokens and some kind of profit. It is also an opportunity to constantly keep abreast of the latest news in the world of cryptocurrency and to know not only an opinion about a certain fact that has happened, but also different opinions and practical advice on this event.
Not everyone can be a programmer, create wallets and perform other similar specific work. Most people who participate in bounty companies have their own main job, This should always be taken into account.

Few thought that Polkadot would even reach its current heights. A few days ago, this cryptocurrency ranked fourth on the CoinMarketCap table with a current capitalization of $ 16.1 billion and a price tag of $ 17.8. It ousted Ripple, against whose leaders the SEC filed a lawsuit on December 22 in the unregistered issue of these coins.
Polkadot is even now growing very rapidly in price, having increased by 13 percent over the last 24 hours and by 82 percent over the week. It is believed that it can become a good competitor to ethereum.

I don't see any significant difficulty for ethereum to discuss such a topic. The level of capitalization of this coin is very good evidence of its popularity, and the number of tokens issued on its platform, of its relevance. There is a problem with scalability and high transaction fees, but it will be addressed with the already running Ethereum 2.0 updates.
Ethereum remains the leader of altcoins for a long time.

Indeed, the bandwidth of the Ethereum network is still very low and Ethereum 2.0 should remedy this situation. Moreover, it arose precisely due to the fact that the Ethereum platform is very popular. We need to wait a bit and the scalability of this coin will increase a lot after it is updated.
We expect a significant rise in the price of altcoins after bitcoin reaches its new price peaks and funds begin to flow into cheaper promising altcoins.

Over the years, executives of Ripple Labs have sold hundreds of thousands of unreported XRP coins, hiding this fact from the Ripple community who invested in this coin. In any case, it is very similar to abuse of their position.
In fact, they have already pleaded guilty, inviting the SEC to enter into negotiations over the lawsuit filed on December 22. Most likely, after paying billions of dollars in penalties, Ripple will return to normal.

Yes, in terms of prices in the current cryptocurrency market, buying bitcoin for $ 27,000 no longer seems stupid, but a reasonable decision. A few months ago, some were skeptical about the possibility of bitcoin to rise in price above $ 25,000 in the near future, based on the events of 2017-2019, when investors who bought bitcoin at a price of about $ 20,000 over the next three years saw a bear market and the price bitcoin at $ 10,000. However, the cryptocurrency market is developing and the situation is changing. With the current price of bitcoin over $ 37,000 and given that bitcoin has already crossed the $ 40,000 mark several times, even its price of $ 100,000 over the course of a year does not seem so fantastic.

No, bitcoin was originally conceived as an alternative means of payment to the existing payment system specifically for everyday transactions. However, their number has now grown so much that, given the sharp increase in its price, it has really become profitable to use it only for large transactions. Perhaps this status will be fixed for bitcoin.

On the contrary, I think even now the ethereum price is still too underestimated. It should be borne in mind that the high transaction fees in the ethereum network arose precisely because of the high demand for this coin and the popularity of its platform, while its scalability is still low. This issue should go away soon as it gets updated as part of the Ethereum 2.0 improvements. Taking into account the role that ethereum plays today in cryptocurrency, compared to Bitcoin, it should have a price of at least 3-5 thousand dollars.
This coin is increasing in value and with its expected renewal.

It's not even a complete conversion of copper to gold. If scientists worked at the level of electrons, protons and nuclei of atoms of various chemical elements and, by rearranging their orbits and their quantities, would convert one element into another, it would be interesting. They have been working on this for a long time, but without much success. And the bombardment of atoms, as a result of which several microns of the new substance fall out, will not have special practical significance. Moreover, this will not affect bitcoin and its price in any way.

Of course, the recent drop in the price of bitcoin to $ 30,000, and I myself saw in CoinMarketCap that its price fell on January 05 to $ 30,482, was quite acceptable for him. Moreover, the very next day its price rose to over $ 35,000. The high price volatility of cryptocurrencies is good for both traders and investors. For the stock market, such a drop would cause panic, and in the cryptocurrency market, this is considered the norm.

Our civilization remains the same and with the advent of digital technologies our life will become much more convenient and simpler. However, you should not completely rely on digital technologies and forget about the old, but reliable ones that do not require the presence of complex equipment.
Some people even today live for a long time without banks, but another part of them still regularly or periodically use banking services.
It must be remembered that banks are actually part of the state system and that they serve the economy of each country. Therefore, banks will continue to exist as long as the states exist.

The fact that the price volatility of bitcoin is capable of increasing with an increase in its price can be seen even in the example of the last rise in the price of bitcoin to $ 40,000. On January 10, the bitcoin price exceeded $ 40,000, and the very next day, on January 11, it dropped to $ 31,000, on January 12, it rose above $ 36,000. If you look at the CoinMarketCap table at this time, the price of bitcoin just jumped up and down by hundreds of dollars every few seconds. Previously, when its price was lower, such high volatility was not observed. You can imagine how its price will sometimes jump when it reaches a hundred thousand dollars or more.

The fact is that no one asks and will not ask for our opinion when issuing stablecoins. Any kind of money has the right to circulate. Stablecoins will generally always be centralized as they are backed by centralized state currencies.
In the next few years, on the contrary, digitized stable currencies of states will be massively issued and it is quite possible that they will to some extent displace all other types of means of payment. In any case, governments are counting on it.

At the same time, it cannot be said that this statement applies to all cryptocurrencies. Virtually only Bitcoin and some of the higher-cap altcoins deserve long-term retention. Those who saw their tokens growing in the second half of 2017 and did not have time, and who did not manage to sell them at a bargain price, also hoped for their long-term retention. As a result, most of them simply disappeared from the market.
Holding any cryptocurrency carries a certain amount of risk. And not only in terms of price. There are also many technical, organizational and other reasons why we may lose access to our cryptocurrency. Therefore, each of us must choose his own option and his own way of working with cryptocurrency.

This is the first time I read such a direct and open concern of representatives of the current banking system about how the popularity and demand of people for cryptocurrency is growing. I was especially interested in the fact that the report indicated an increase in the usefulness of the cryptocurrency. Bankers did not recognize this before. Moreover, they agree that within one or two years, while states will massively release their digitized central bank currencies, bitcoin and other potential cryptocurrencies will grow in value. This is, in fact, a recognition that decentralized cryptocurrency will enter our lives for a long time, if not forever, as well as a recognition of the helplessness of the current financial system in front of the cryptocurrency.

Yes, that's all true. For these reasons, bitcoin will never be used by governments as the main currency. The economy of any state can exist, be planned and developed on the basis of national money, which should be issued in the amount of all goods in circulation. How to plan the economy of the state, sell goods and provide services, if the day before yesterday the price of bitcoin was $ 40,000, yesterday $ 30,000, and today $ 35,000. However, this is only one of the purely technical reasons, and there are a lot of them.

Yes, I am now watching the bitcoin price steadily rise again. Perhaps this means that the correction of its price was again insignificant due to the fact that the expectation of the continuation of the bull market is still high and the offer to buy bitcoins is still large. Now the bitcoin price is approaching $ 36,000. Most likely, its further price growth will continue.