I've been thinking about this for a while and I understand that there are a lot of people who don't have enough knowledge about crypto or they blindly follow anyone who says that "it's easy to trade crypto and get $1000/day", but I still surprised that there "influencers" are still active and have a huge audience.

It feels like people don't remember what happened yesterday, because a lot of these guys say "bitcoin will go up tomorrow" and when they are wrong, they just ignore it and say "NOW it will go up" and they do it until it will go up to say "I told you so". If you look at all these posts you will see that they are wrong almost all the time and try to hide it to save this "rich trader" reputation. And people still follow their advice and believe them.

Most of these traders don't really earn money from crypto, they promote some scam projects or exchanges. And that's the second point of this post. There are so many "influencers" like bitboy that act like a crypto god or the CEO of bitcoin and promote scam projects like FTX and stuff and THEN when the sh*t goes down they pretend that this doesn't happen. Bitboy literally acts like he is the only reason SBF got caught.
 
So my question is this: if people are more aware of crypto/ bitcoin and all these scams, why they are giving power to these "influencers" to earn more money and scam more people?

And despite us having a strong and smart bitcoin community, why can't we win over "influencers" by showing people that they are all fake and lie all the time? We just literally need to who facts to do that.

My opinion is that these Twitter people are turning the crypto community into a freak show and people treat it less seriously because of that.

There is literally no reason to lose hope/believe in bitcoin. It just keeps getting better every year. We can see that adoption continues and more people are getting aware of what bitcoin is and what benefits it has. And, of course, the technology is still there and it's working great. Bitcoin is still the best decentralized currency in the world.

I hope your wife is okay with that!
If she is, I think you can sell it and invest in some crypto. Considering that we are now pretty low in the market, you will earn 2x, or 3x in a year or so.
I always thought that all this jewelry doesn't really important, what is important is real money and technology.

I think it doesn't really matter if the government like bitcoin or not. The most important thing is that it helps people and people will be using it no matter what. So I think the adoption of bitcoin will be getting bigger no matter what the government is thinking. And in the end, bitcoin is created to take away our freedoms from the government and make a revolution. The best way the government can help is not to slow down adoption.

Congrats! It's great that you can not only buy and hodl bitcoin but use it in everyday life (to some extent). I think it's the future we all are waiting for. The mass adoption is coming boys BTCBTC

The whole point of bitcoin is that it cannot die and it doesn't have a life span. People will always be using it because of technology and its value will only go up as time passes. That's why many people invest in bitcoin to hold it for 10-20 years.

Banning bitcoin will just slow down adoption. People will still be using it. So I think we shouldn't be worried about that.
What about regulations, we will see them for sure but I don't think they are gonna be harsh. Bitcoin is already a part of out world and government will accept it at some point.

I have to have regrets so I treat all my "mistakes" as a learning process. Because you can never say that it was a mistake before the time has passed and you can't do nothing about it. So never regret your decicions boys, just learn and get better 

Bro didn't want to loose his $0.50 cos he thought bitcoin will go lower 
paper-hards of the century.

Honestly, I don't think so. You can never say for sure that we are avoiding inflation until we will come out of this crisis. But from what I see, we are not avoiding it and are probably in a recession right now. The problem is, inflation is not going down despite rate hikes, if you will look at the latest PCE and CPI, you will see that inflation went up 0.1% which is bad news because the fed pivot already started so ideally we should see inflation steadily going down.
So we are still in a bad place right now cos rates are high, the economy is suffering and inflation is still going up.

If the US were to ban bitcoin, it would likely have a significant impact on the cryptocurrency market and the broader financial landscape. Here are some potential consequences:
1) Bitcoin price could drop: The announcement of a ban would likely lead to a sharp drop in the price of bitcoin, as investors may rush to sell their holdings in anticipation of the ban taking effect.
2) Decrease in global adoption: The US is one of the largest markets for bitcoin, and a ban could discourage other countries from adopting the cryptocurrency as well.
3) Alternative cryptocurrencies could rise: If bitcoin were to be banned, alternative cryptocurrencies, such as Ethereum or Ripple, could see an increase in adoption and price as investors seek out other digital assets to invest in.
4) Increased regulatory scrutiny: A ban on bitcoin could lead to increased regulatory scrutiny on other cryptocurrencies and the broader digital asset space.
5) Push for decentralized exchanges: A ban on bitcoin may lead to a push for decentralized exchanges that operate outside the traditional financial system and are harder to regulate.
It is worth noting, however, that a ban on bitcoin would not necessarily mean the end of the cryptocurrency altogether. While a ban could certainly hinder adoption and reduce the value of bitcoin, it would still be possible for individuals to continue using the currency through various means, such as peer-to-peer transactions or using it on decentralized platforms.
But I don't think it's gonna happen in any shape or form.

Yes, inflation can affect the value of Bitcoin in a number of ways.
Firstly, inflation can reduce the purchasing power of fiat currencies, making people more likely to invest in alternative assets like Bitcoin. As the supply of fiat currencies increases, their value tends to decrease relative to other assets, including Bitcoin.
Secondly, inflation can increase the supply of Bitcoin. Bitcoin has a fixed supply of 21 million coins, but new coins are created as part of the mining process. Inflation reduces the value of each individual Bitcoin by diluting the supply.
Finally, inflation can impact the overall economy, which can in turn affect the demand for Bitcoin. High inflation rates can cause economic instability and uncertainty, which can drive investors towards alternative assets like Bitcoin as a store of value. Conversely, low inflation rates can indicate a stable economy, which may reduce the demand for alternative assets like Bitcoin.

It will be a great beginning of the wealthy life for us bros cos we will get a chance to buy bitcoin CHEAP. So the only answer to all questions like "what would you do if bitcoin will go down" is that we will buy it.
And it can't die anyway so it's impossible for bitcoin to crash to 0, its value in its technology.

It's very convenient. Especially if you don't trust banks. I hold all my savings in crypto and that way government doesn't know how much money I have I'm now afraid that the bank will freeze my account or go bankrupt.
But the problem is because there are no crypto regulations right now, you might face some issues with the law/IRS if you will accept such payments. So be careful.

Don't forget about AVAX. I think it's a great project to hold considering that it was $150 at the peak and it's selling below $20 now. So if you are lucky you will get 10X as well.

It is impossible to control bitcoin and there are no institutes for that, so yes, you can buy it at any age. Though if you will try to buy on some exchange, you can face age-related problems and you won't get verification.

I think awareness is a really big problem right now. A lot of grown-up people don't even know what bitcoin is or think that it's funny money. The problem with kids is even more serious. Parents don't even think that it's important to explain to kids what bitcoin is because it's the money of their future and by ignoring bitcoin, you are now giving your kids a chance to be ahead of the progress. They literally can start accumulating bitcoin and by the time they will be 25, they will have millions in bitcoins. I don't know why some people don't realize it.

It's a good idea. But the only problem could be, not enough people are using bitcoin right now, adoption still has a long way to go, and considering that agriculture is a kinda conservative industry, I think there will be even fewer people using it. And the second problem you can face is the governmtnet. One guy already made a post about using bitcoin in his business but in the end, he was forced to stop accepting it because the government didn't like it. I think it's because it's not regulated enought.
But it's worth to try, just saying what kind of chalanges you can face.
Good luck.

I don't think they could regulate it, it's still a blockchain technology and it can't be banned or controlled. So I don't think that NFTs are in this kind of danger now. But I think the bigger problem for the NFT right now is the fact that people are losing interest in it. And the fact that from the beginning NFTs was just gambling tool cos there is no value behind them not helping the situation. Most of the NFTs are already lost their value(because of the low demand) and some that were worth millions are worth nothing now and people keep losing trust in this field thanks to Logan Paul scams. And this scam is also a great example of how easy it is to scam people in the NFT industry.

I think he will be happy. Crypto is the perfect gift because your friend can sell it OR hold it until it will be 100k+. So yeah, you are a great friend and it's a great present.