What you mean by bitcoin is here to strengthen the fiat currencies in the world if only they understand the coin and adopt it? In my opinion and opinion varies, Bitcoin is not here to become a world currency neither is it here to strengthen fiat currencies. Why would it want to strengthen fiat currency?
Bitcoin has come to be a great alternative to the fiat currencies and the present financial system and not to strengthen it.
Think about it, if it was here to strengthen and support the present traditional financial fiat system of payment, then governments of the world would love bitcoin and support it.
Bitcoin was designed to rival Fiat currencies, so don't think for a second it will "support the present financial system" anytime soon. While most governments have approved of Bitcoin, deep down, they hate it. Banks have been pushing against Bitcoin, claiming it's a fad or "illegal" money used for criminal activities. None of these entities want Bitcoin to succeed, otherwise it would signal the end of Fiat. It's all about power/control, so I'd expect Fiat currencies to become stronger in the long run. Who knows what the future holds for Bitcoin as an alternative monetary system? Just my opinion  It depends on the perspective you are taking here. If you mean by stronger that Fiat gets more support and is even more exploitable by already established institutional frameworks, i.e. banks and politics, then yes, as soon as it goes digital it will be much stronger in the sense that governments can pull off even more shenanigans against their citizens. But I think that time might also play into the hands of Bitcoin advocates. Right now we are arguing a lot with older generations, people who fear the status quo under which they grew up is now threatened. Psychologically that is almost perfectly normal behavior. Now with time passing by it is likely that more and more Bitcoin advocates also get into political positions of power. What is the chance that a president of the US in 20 years from now is a Bitcoin fan compared to Joe Biden being a Bitcoin fan? That's really an important factor in my opinion. The generation that is now speaking against Bitcoin is mostly people at age 50+ in powerful positions. If by tomorrow people between 25 and 40 had a majority vote, everything might be looking quite differently for Bitcoin in the positive sense already. Time will tell! |
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Already aware of the speculations that Chelsea intends to make an open offer to AC Milan for Rafael Leao. Stefano Pioli wants to keep the Portuguese international since he is a major project for the club and is one of Milan's top frontlines. He will perform best for the team if the Blues are successful in getting him over. Victor Osimhen, though, is certainly a terrific player, but one thing we all overlooked was that this season is his prime season to shine, and Napoli is currently atop the table, so there's every chance the Nigerian will perform better in league matches.
That's seriously going at an insane price at this point. I mean they are looking to buy more players? I get that they have a new owner and the new owner wants to show the fan base that he is not afraid of spending money to make the team better and he is not the one to judge for these bad results. They are doing terribly and owner is just making sure he is spending a ton of money so he could say "I did all I could", but this is just getting too much. He could already say that, they spent over half a billion pounds on players and if they get Leao somehow, which would be insane itself, then they would be getting near the 600+ million levels and that's just not normal, unheard of by any team ever. Leao is still cheap but the problem is there are rumors that are being said that if chelsea is willing to buy osimhen at any price. That means chelsea is ready to spend hundreds of millions pounds again for osimhen from napoli which is very crazy if such a thing will be real. Chelsea has signed nkuku from leipzig and so what's a point of buying another striker again? So many playerd didn't even get regular time to play. How can chelsea be thinking adding more players are the best choice to bounce the performance from the club? I think that todd must be using his sense. He is thinking like playing the football manager game where he can buy any players like that. There are some things that makes me feel doubt 1. Chelsea has been linked with luis enrique as a potential replacement for potter 2. Chelsea has been recruiting rugby's coach and what is this for? I guess todd was thinking bringing rugby's coach to boost the mentality of the players is the best choice. *LMAO I think that Chelsea might also be watching what is now happening with Manchester City. Chelsea's spending can't be limitless either. They give give away a couple of their guys in order to make up for any deficit for the transfer period, but if they keep spending money like mad there is no way they can make up for it by selling their players. Enrique would make sense since he has experience with high pressure at Barcelona. Todd might basically be on the wrong way and as you said it is not about creating a mix of expensive players and there you go. I have no idea whether Todd knows enough about soccer to make the right decisions now, but Chelsea does need a proper restart at some point for sure. |
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It looks like Barcelona this season is a team that has a good defense, because with Barcelona being consistent they don't often concede goals in every match. So these results have made Barcelona conceded only seven goals so far and what's more, Barcelona has a good number of goals too because they are only two goals different from Real Madrid.
So indeed, with this achievement I personally admit that Barcelona deserved to win the La Liga title this season. Because Barcelona has consistently good performance in La Liga, and of course that is a result that must be appreciated.
Thumbs up for Barcelona now, even though from the beginning of Xavi's coaching, many people doubted him but now it has been proven. I'm sure of the process even though I had to experience a downturn but now it's starting to rise. What impresses is that the duo Pedri and Gavi have given Barcelona a new color this season and it's true, as you said, a solid defense makes it hard to concede goals. Xavi's doubts actually lay when they failed to be in the knockout phase of the last 16 for the second time in the last 2 seasons which made many doubt his leadership. Now it seems that this has changed a little, at least he is still very safe in the coaching chair after previously seeing statements from club officials they would fire if Xavi did not bring 1 trophy this season. Now he has got 1 and now the chance to add a trophy for Barcelona is very big because he is still participating in several competitions. I don't know whether the Supercopa title would help Xavi if he fails to take home any other title. Given that Barcelona plays a solid Primera Division season, Xavi should be safe and we will see him as a coach next season as well no matter what. I think a lot of negative events would have to happen in order for Xavi to still get fired, but I don't see that coming at all. Losing the semi final in Copa del Rey against Real Madrid is probably not going to be a knockout criteria. In the Europa League they also have the strongest opponent with Manchester United. I guess he would be fine if at least one of those hurdles can be taken. |
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In my very personal opinion, I would love for Messi not to stay at PSG or Barcelona, but in Arab fútbol.
Messi is one of the star players who has had a pretty good football career and there is no need to doubt his playing ability. If messi joins the arap football team won't it affect his career. Because he is a star player and certainly wants to continue to join a big, well-known team and can further boost his career. So that the skills and career he has achieved are not in vain. So it seems unlikely that Messi will join an Arab football team. If you talk about career decline, then it's already downhill when he went to Paris Saint Germain. After all, he's no longer young either, so what's wrong if he decides to go to the Arab League. I have no doubt that Messi is one of the best players in the world, he got what he wanted by winning the World Cup some time ago. So it's not impossible that he will leave Europe to find peace at the end of his career. Well, I say about Messi not to make it something like the end of his career or bury it, I say it because he has achieved all kinds of titles, the ones that every player dreams of having, Messi has achieved them, so why not try a different football? eventually he would be covering almost the entire world with his continents dominating him and showing that he is the best, I think he doesn't have to show more, there are players who are satisfied just being world champions and for them it is completing their career with a great success, he has won leagues, UCL, so why not try in a team where they will pay him very impressive amounts of money and apart from that he will be highly recognized, in that aspect is what I say.
On the other hand, something or a signing that can be a complete bomb is also from Chelsea, since it is said that they are looking for the great zizu! And if he agrees to go to Chelsea, it will be one of those bigger bombs than Enzo himself, and like every fan of good football, I think he would support Chelsea much more, a Graham doesn't do badly, but Zidane is on another level That is my perception, and I think that many will become a Chelsea fan if this happens, I clarify, I saw this possible signing on one of my social networks, it is not an info that has an article or something to support the information, it could be told like a rumor. This makes much more sense what you just said and saying Messi's career went down the hill when he went to Paris Saint Germain is at best half the truth. The entire club of Fc Barcelona was on the decline. Now when you only refer to the attractiveness of Ligue 1, I agree. But going to a club in order to play with Neymar and Mbappé isn't necessarily a decline anymore and their objective has always been clearly defined, which was to win the Champions League. I doubt that Messi really bothers about Ligue 1 that much. Maybe Manchester City would have been a better option from a fan's perspective, but seeing PSG compete in the Champions League is quite fun as well. I doubt I would have done anything differently and as LUCKMCFLY said, cashing in impressive amounts of money while still being able to compete with the best of the best is a totally acceptable move. It would be said if he went to Saudi Arabia while he is still at this level. I wouldn't like that. |
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I don't expect bitcoin to be the world currency because the governments of the world cannot unanimously agree to adopt bitcoin. Government only cherish what they created and will be able to control.
Even if bitcoin cannot become the world currency, it will become currency of the technology and automation. Automation would need transaction that won't require humans interference.
Of course governments will protect the system they have built over time, but nothing lasts forever. They will try to introduce CBDC and even try to convince people that it is better than bitcoin, because it has guarantees from the state and many people will believe in it. But those who are able to think and analyze will understand the difference. The properties of bitcoin are unique, but not very good for governments. I doubt that there will be much effort to convince people of CBDCs being better. If they shove that digital system down your throat you are most likely left without choice and must use it for most of your daily needs. There are many regulatory ways to eventually force you to use a CBDC. The bottom line is that it will come down to mass surveillance and imposed financial and fiscal policies that leave you no choice but to follow them. If there is only digital money in centralized controlled wallets by the governments, what is somebody going to do to avoid low or even negative interest rates? They can impose upon their citizens whatever they want and worse than that, they can collect a plethora of data about everyone and god knows what they are going to do with it. Just watch China... |
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I think it's done, Barcelona are going to be the champions of LA Liga this season, 8 points is quite a lot because Barcelona are in a great form, their defense only conceded 7 goals in 20 matches, this doesn't mean that they have the best defenders in the world, it means that Xavi is doing one hell of a job to keep other teams away from their goal.
Barcelona's point difference with Real Madrid is getting bigger. and a difference of 8 points is quite a big difference. Real Madrid's defeat by Mallorca has made Real Madrid even further away from catching Barcelona's position. And yes, Barcelona will now become more comfortable at the top of the standings. and yeah Xavi has succeeded in making Barcelona have good consistency in maintaining their best performance. but in the next match Villarreal will be a pretty tough opponent that Barcelona will have to face. And there are still many games left. so Real Madrid still has a chance to catch up with the points that Barcelona have. But Villareal has recently shown their declining performance. and have suffered several defeats. so I think Barcelona will still be the favourite. Yes this win was of gigantic importance to Barcelona. If I was a Real Madrid player, I would slowly lose confidence by now. Yes they should keep believing in themselves until the very end, but Barcelona isn't making any mistakes whatsoever. Now it takes three losses for Barcelona while Real Madrid would simultaneously have to win three games in a row. Slowly there is a clear tendency developing that Barcelona is going to make it this year. Frankly speaking, they also deserve it if you see how well they play. With patience and also very strong in the defense. |
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I keep wondering what and who is the brain behind chelsea'a move for victor Osimhen. this signing will surely be a waste of resources. Before the next summer, there will be a proper filter of the squad, unuseful players will be figured out and then there will be room for more signings and an important one for that. For now, we have Mudryk, Joao Felix, fofana, Nkunku, make, and Kai Havert, of which three are good central 9. Why are they still making moves for Victor Osimhen when they are not sending the already existing ones away?
None knows for sure. Chelsea keep wasting more money by signing new player. I think that chelsea will be paying lots of money again for him. Osimhen has committed to move from napoli after napoli win serie a. Chelsea must have competed with several big clubs like real madrid. I doubt if osimhen will be picking chelsea as his next team. MU was also preparing lots of money for osimhen. it seems like that almost all of teams were committing to get him from napoli. Additionally, Chelsea spending so much money for players left right and center doesn't go unnoticed for other clubs. Whenever Chelsea knocks on the door, the clubs immediately know that they can push the price to the moon. I have no idea who is eventually making transfer decisions right now, but this is going to be an adventure to follow Chelsea's path over the next couple of years. I don't know whether they will be able to compete for the champions league qualifiers in just a short period of time. |
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Simply that they're getting serious and wants also to take cover those markets that have been mentioned through regulation.
There's a chunk of money that they're missing if they keep on ignoring it. So instead of going against and stopping it, they're going to fully support it but it's going to be in their way.
probably they're getting interested on it as well because they don't have choice since crypto currency always shows a good improvement, wherein even despite of banning issues from them it's still unstoppable and seems nothing happened. Take note when its about money they're so wise so expect soon in the near future they will dive in the crypto market as well.. Lol Yeah, no choice too. Even if they prohibit it, people will still find a way to trade, buy and sell cryptocurrencies. There's no benefit from the government and that's what they have to understand. This is why they don't like decentralization. We should also keep in mind that we only talk about "the" government as if all politicians would see only evil in cryptocurrencies. What I can observe is that a good and growing number of politicians, often a bit younger ones, are certainly pro this innovation and trying to raise their voice in favor of cryptocurrencies. So far that hasn't had much of an effect because politics is often dominated by older people who have trouble to even understand most of the implications crypto brings about. I think that will change considerably within the next ten years. |
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Many people including myself have had this concerns for some time now, and me personally have limited my use of tether as many articles I read online on how it's likely to fail and also coupled with the rumored issue it has with the US government, I don't trust this crypto currency anymore but we just can't still ignore the fact that it's still one of the most popular and most used stable coins in crypto currencies so far.
The conclusion of the matter is that, if you don't feel secure in its usage, then better to avoid it and look for some other trusted stable coins to make use of, money is hard to come by this days and shouldn't be risked on untrusted crypto coins.
Absoutely, and considering it from the angle of its practicality, it plays a very vital role for cryptocurrencies and exchanges. I thought when 'I first read that one of the big Bitcoin pumps could have been facilitated with non-backed Tether that that hypothesis or allegation, whatever you wanna call it, does make a lot of sense. Imagine you are sitting on tons of Bitcoin and you have this printing button at your disposal because you are the company behind Tether, how tempting must it be to just push the button, use those freshly printed Tether and pump Bitcoin straight to the moon, sell your Bitcoin at crazy prices and then buy back the Tether with your profits such that nobody gets angry and asks for further investigation. Seems to be a decent plan to me. |
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Hello Guys! What do you think that etherum is best pick of 2021 or BNB is best for 2021?? Give your opinion I think that etherum is best choice of 2021.
From the look of things so far in the market, you are right with your suggestion about ETH. ETH has had a London hard fork which saw it increasing in price while attracting more attentions which is very vital to its growth, in addition the forthcoming Ethereum upgrade (ETH 2.0) is another factor which will bring more attention, users and investors to ETH, and the more this is happening, as more people keeps anticipating it, Ethereum will be in the minds of people thus making it a good pick or better option than BNB. However, BNB is a good coin and owing to the fact that the team loves ideas which will keep making their exchange worth it, BNB will always remain a valuable coin as well. Nevertheless, with the current issues or news surrounding BNB seems to be what is making it look sidelined from the market, but on the long run it is still a good coin. I don't think Ethereum's problem is in raising attention or drawing attention to it. It is rather that people finally want to do something with their Ether besides just putting it into their wallets and wait. Staking is one of the keys that is a plus for Ethereum over proof of work coins. Passive income is a thing obviously and there might be various defi applications being under development that you could participate in if you stake your Ether. There is a lot of potential in the network and I believe a lot of coins will be put into staking. |
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What makes BTC so high is because of the greatness that is in Bitcoin. For me, Bitcoin has a role for others, maybe you also know why Altcoins are in the crypto space. If we already know the cause of Altcoins in crypto, that's the answer to why BTC is great.
The point is what is conveyed, that bitcoin has a role and influence for altcoins, I do not dispute that. But I don't really agree on that influence and role to look at the current state of altcoins. Bitcoin can make all this easy because it is based on its strategy, so bitcoin is so high in value right now, and there is no altoin involvement at all in my view. To a certain degree Bitcoin has a lot of control as it is the first cryptocurrency to react to anticipated problems. If something is wrong in the space like bad regulations or any governments cracking down on crypto, the whole market only goes down if Bitcoin goes down. If Bitcoin doesn't move, the market demonstrates the common understanding that the event doesn't pose a threat to the space as a whole. |
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Does BTC act like gold in the fiat market?  I don’t understand why this currency is still mainly on the cryptomarket. If we take the top 2 ETH, then this token has a huge technological potential with its ICO, NFT, DEFI also has multiple cross-chains that expand the ETH ecosystem. What keeps BTC so high? If we speak openly, then BTC has no role in itself, it's just a dummy compared to other technologies on the other crypto P.S. This is my opinion I just want to know Bitcoin is the strongest chain with the most hashrate, hence it is the most secure chain out there, hence it does attract most of the money coming into the market, especially from institutional investors, hence the ecosystem around Bitcoin gets the most support and experiences the quickest legitimization and adoption. There are so many reasons why Bitcoin is at the top and will probably stay there, I can't even think of the length of the list. |
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I think both are worth investing and I am holding both of them but both are different networks, BNB has attracted huge investment during the past one year and it will continue attracting new project as being best alternative of Ethereum with much lower cost. Ethereum 2.0 is going to be fully implemented in the next few months which hopefully will reduce transaction fee significantly.
Tomorrow the London hard fork will run and it's part of the Ethereum 2.0 implementation to be even better than the previous one although in the past Ethereum wasn't even worth calling it bad just because there are others that are cheaper so let's see together how it's implemented run. Those who are still talking about transaction fee reductions because of the Ethereum 2.0 implementation still seem to ignore what Vitalik Buterin repeatedly says and said: The London hard fork is not going to change the transaction fees. It will stay high during busy times for quite a while. The transaction fee solutions are still quite a bit away. But even there's a high fees users of ETH continue to enjoy using ERC, there are supporters who continue using ETH as there are many tokens that's been created using this chain, while with the hypes of NFT, increasing popularity of BSC is being enjoyed. Both coins are moving greatly investors are surely enjoying the scene. No, I think the supporters you are talking about are really people who hold a crypto amount that is above average. If you are an investors with a couple of hundred dollars or maybe even a low four digits amount, you would be pissed off by the fees and couldn't really swap. Transactions from A to B might just be fine. |
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To my understanding Tether is the cryptocurrency created and backed by Bitfinex. If they become bankrupt and stop operating as an exchange what will happen to all the tethers in circulation? Will it all lose value also? Will Bitfinex have the responsibility to exchange them for real us dollars?
I do believe Tether has reached a point of too big to fail because if this event happens that would result in a big dip in the crypto space. Assuming Bitfinex become bankrupt and the founders do not want to run away with the remaining reserve, I can see them liquidating their reserves and also understands that Bitfinex is one of the largest holder of Bitcoin too, which is a huge insurance against things like this Tether's circulating market cap is 62 billion USD right now. I think that if there is something fishy going on with Tether, Bitfinex would be in a hell of trouble. They might be among the largest holder, but I doubt they have tens of billions of USD they could just liquidate within moments to cover any problems that might arise. I could be wrong though, maybe they are that huge and hold 5% or even more of bitcoin, but who knows. |
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Although it's going to be a good passive income in the future, the APY shall change overtime due to the demand just like the other coins that have been into staking.
As start, the APY seems to be good but I guess as time passes by, it'll change and might decrease.
The current rate on Stakewise is not attractive compared to other farming and staking sites, but since we are talking about Ethereum, the second most popular coin in the market, it will still attract more investors to pool their Ethereum, I'm sure whales will take this opportunity to earn more , not really for us small-time investors. That's for sure, while there's not that much attention that's being put into staking ethereum. It's just for now but once it's fully rolling and the entire announcement is official about staking. You'll see that bunch of holders will come out of their caves and will start to stake their Ethereum on those different platforms or pools. But to a certain degree the possibility for everyone to stake might already have been priced in right now. People buy Ethereum now in anticipation to soon be able to stake their Ethereum with the 2.0 upgrade. I think there will still be some good price action, but probably not as much as many might think. Most of the investors now buy with the plan to once stake it or even dump some of it as we get closer to the release of staking to the public. |
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I am not interested to invest in Tron network tokens except USDT and TRON itself. I have seen a lot of tokens in my wallet became dead or no value that i received from bounty or from little investment. Before Binance network launched, we thought that TRON network will become more popular but after BSC launch, TRON has become the same coin like XLM which is now less popular. After BSC, now there is a new trend of OKEXchain.
I feel the same about TRC20 tokens. Those I had became worthless and I just don't see as much interest in TRC20 tokens within the community and there isn't really any buzz around it. If you check out ERC20 or BEP20, there is so much stuff going on around those projects based on these chains. I don' know about OKEXchain though, what is the deal with that? |
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https://www.sec.gov/news/public-statement/gensler-aspen-security-forum-2021-08-03The hyperlink is SEC Chairman Gary Gensler's speech at Aspen Security Forum on August 3. There are two sentences are worthy of our alert. "In my view, the legislative priority should center on crypto trading, lending, and DeFi platforms” "For those who want to encourage innovations in crypto, I’d like to note that financial innovations throughout history don’t long thrive outside of our public policy frameworks.” Please stay awake. The regulation of the cryptocurrency market will become more and more serious. How do you interpret the sentences? Honestly, those sentences were more than expected. If you were working for the SEC and your job is to regulate unregulated and almost uncontrollable spaces, and it was your task to thoroughly check for the most pressing issues, I bet you would have been very concerned about the DeFi area. Look at what's possible already, seamlessly switching back and forth, involving mixers, anonymous currencies and so on and so forth. The DeFi space is going to be insane and if the don't act now, they will lose a race which they probably lost already and couldn't win ever anyway. |
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Ever since Vitalik created Ethereum, the project has been on a road towards non-stop success. It's been around 6 years already with ETH being the world's second-largest cryptocurrency by market cap. Vitalik's skills and great mindset will keep the project afloat for a very long time. But sometimes I wonder what will happen with Ethereum without Vitalik in play? The community could keep the project alive, but without a genius mind like Vitalik Buterin, ETH will be one step behind of its rivals. At least, that's the way I see it. But I could be wrong. What are your thoughts? Your input will be greatly appreciated. Thanks While I understand the content of your post and the intention behind it because Vitalik is the most public figure of Ethereum, we shouldn't forget that behind the scenes there are several brilliants minds who are able to discuss most of the technical things on eye level with Ethereum. It is not that every line of code is based on Vitalik's last word. A lot of the code by now is the result of heavy discussion between a bigger circle of people who take responsibility for Ethereum's way forward. I do however agree that Vitalik is one of a kind, he probably can't be replaced 1:1, but that isn't necessary to keep Ethereum competitive throughout the future. |
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I see alot of altcoins and tokens been introduced into the market every day and I keep wondering if that is how this industry will keep growing. The number of altcoins does not translate to increase in the over all market capitalization of the cryptocurrencies market and it that means that some of the coins we currently have in the market is not needed!
Its open market and the code of creating a coin is open-sourced, anyone even a scammer is free to create their own token, that makes it hard for us to see what coins have potential in the market, we must do our own research because so many coins are involved in the shilling, check the whitepaper, roadmap, people behind the project and the platform attached to the coin. It's like that everywhere. When you buy products on Amazon it is not that unlikely you are going to buy fake. You are also going to learn from it, start better scanning for legit recommendations in the comment section and what not. If people launch scam coins or shit coins, those who are buying them will go through a learning curve, hence becoming better investors in the future. That is just how it goes, was the same for me as well. |
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If Tether was backed by a bank, it would indeed might have been bailed out by a government
the thing is, it is NOT system relevant. it wont cause a snowball effect for the general economy, and the crypto economy is not realy relevant I guess you are right here, but what isn't systemically relevant today could still become systemically relevant in a couple of years from now. If Tether doesn't fail for some reason over the next couple of years, I can very well imagine how it is going to turn over trillion per day, not billions anymore. It might be accepted by merchants who have and more Tether on their balance sheets because it's easy, cheap, and stable. It might become relevant by then. |
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