Every company is seeing the impact of the great resignation. Inflation is one of the many factors for this incident. Since the beginning of 2020, Pandemic had shaken the job market. People were afraid to move out because many companies have stopped hiring, Bonuses were not rolled out, increments were not given, performance appraisals have not happened. Many companies have capitalized on the pandemic by depriving their own employees.

So now when the job market is firing up again, everyone wants to get a better paycheck. So existing employees are switching and companies are hiring to fill in the empty posts. This cycle is creating a ripple.

But that's good. Companies who have capitalized on pandemic are now forced to shell out more money to retain or on fresh hiring. We are getting the benefits!

Regulations are build around an existing concept. So there's no way that an existing regulatory framework will cover future innovations. It's stupidity to expect it. Regulations are usually made by government bodies and beaurocrats who are not visionaries.

Just take a  example of bitcoin itself. Since it is not a traditional asset, many governments are finding it difficult to regulate. So they are debating on what kind of regulatory framework can be designed for it. So we must not expect that every new innovation will sit under the existing regulatory framework.

Lol! That's called trading. You need to make correct predictions to win and wrong predictions to loose. Also you can try options trading based on various assets.

There were couple of ICO I had seen years back, who had bitcoin price prediction games. But they are not live anymore.

Also I have found an interesting crypto betting website which you can check.

https://polymarket.com/

I am not sure if they are paying or scam though.

Expect more and more countries to join the bandwagon. Because the increased userbase is actually making the governments worried due to its decentralized nature. People can effectively bypass the taxes using cryptos. They can send any amount of money to anyone without revealing the identity of both parties. There are multiple reasons why a government ahould be worried about cryptos.

So I foresee that more countries will come up with crypto surveillance plans in the near future. Also please expect heavier regulations. We can't stop this from happening!

No! Barter based system is not coming back. Some people may choose to do it but that will never be widespread. CBDCs are a great tool for surveillance but a law abiding citizen doesn't have to worry about it. People with massive amounts of black money must get worried and rightfully so.

Corruption is a big problem in today's date. CBDC is an effective tool to end such corruption. It will simplify common people's life. Barter system is not coming back, rather there is a chance to reform society might be coming our way with CBDCs.

India houses a bunch of jobless journalists who are good in creating fake news. This is what is happening in India now. No need to take such new seriously. Because everyone is speculating and no one really knows what's in the bill.

The matter of fact is that India has actually prepared a draft bill on cryptocurrency and that will be presented to the parliament in December. It has already been added in their agenda. But no one knows what's gonna happen!

This is a speculation only! Some media houses are releasing misleading news like the one you have posted.  Government has indeed created a bill which will be presented in the winter session in parliament. No news paper really know what's gonna happen so they are trying the old clockbait method to increase traffic into their website.

Don't panic! Because it seems highly unlikely for Indian government to ban cryptocurrency. Especially when there is multiple exchanges operating legally in the country. But expect heavier regulations and reporting requirements.

This is a huge risk to be honest. People will be addicted to easy money and then loose everything overnight. In the meantime, the scam coin owners will make billions and exit market. Elon Musk should have been careful before promoting a meme coin which actually has opened this can of worms.

Now every government is worried about the current state of the crypto market and we will have to face heavier regulations. This is pathetic! Swap exchanges like Uniswap and Pancakeswap are actively promoting these meme coins, that needs to stop!

Many thanks! I have been able to restore my wallet with all my bitcoins in it. I was getting this processes in the google as well but there are many other confusing processes. So I was worried on what to follow.

In reality, the process is rather simple! Thanks a lot nc5loc. You saved me from a heart attack!

Hi all, my laptop crashed last night and I am getting blue screen of death. I hold all my bitcoins there in an Electrum wallet.

I am trying to search in Google on how to recover it but getting confused about the correct process.

Can anyone guide me to the correct process? I do have my seed, private key and password available with me. But the wallet file isn't available anymore.

Please help!

After the initial success of Shiba Inu coin, I am observing that the altcoin market has become a playground for the scammers in most literal sense.

There are multiple projects now, which are showing 28000% return within just few hours of launching and then showing a steady decline. There are multiple examples,

Squid games: Defunct
Shih Tzu coin: https://coinmarketcap.com/currencies/shih-tzu/
Solar energy: https://coinmarketcap.com/currencies/solar-energy/
Mini BTC: https://coinmarketcap.com/currencies/minibtc/

Etc.

There are many others as well. It is a money laundering heaven. Don't you think such gold rush has to stop at some point. Otherwise cryptos will never be able to make its way into the mainstream world. People are buying from craps to garbages in the name of cryptos.

Voice your opinion.

Lol! People have already started buying while you are still confused! Every dip is an opportunity to buy more! All you need to understand that bitcoin is an accumulation game. There are 7 billion people in the world and only 21 million bitcoins can ever exist. So the more you accumulate, the better. Bitcoin is volatile but that's why it gives ample opportunities to enter into the market. If you don't see such signals, it's better to stay out of the bitcoin market.

Russia's concern is genuine but from the personal income tax perspective. But if Russia agrees to classify crypto assets as an asset rather than keeping the confusion alive, then it wouldn't be a big issue.

But overall if you see the crypto market and it's decentralized structure, it is indeed a reason for worry for the government. Not just from tax perspective but also from the money laundering perspective.

So not just Russia, rather many other countries will impose KYC linked classifications for crypto assets sooner than later. Various other rules are on the way! Governments cannot turn blind at this juncture.

Bitcoin is not even recognized as an asset in majority of the countries except a handful few. So I am not sure where you have seen such tax system available! If such taxation is applicable everywhere in the world, then it would have an impact for sure. But since such system is not available pretty much anywhere, there's no question of holding back bitcoin.

But, the way bitcoin is progressing, many countries are indeed thinking about bringing a framework around cryptocurrencies. So a taxation system will be introduced sooner than later which is a net positive for the community.

Not just US, but no government in this world will buy out the bitcoin supply and use them asa reserve currency for their fiat money. No government would ever try to do that. Because bitcoin not a thing that they can control, even if they buy out all available supply from the market.

Governments can surely invest in bitcoin to receive higher return than the market rate, but won't make it as a reserve currency because everyone understands that bitcoin thrives in decentralized manner. Buying out available supplies is not going to help the network.

VHP runs the country in most literal sense! Who do you think Narendra Modi is controlled by? It's RSS and VHP who are trying very actively to make India a hindu rashtra. It is them who are promoting this cow dung and urine as a cure of every disease. UP government is the one who are highly under their influence.

However, the matter of crypto has now become very serious. But government will possibly not ban it outright. Rather, it will be classified as asset and GST will be imposed on that. Government is eyeing for revenue out of this crypto matter.

This type of surveys usually means nothing and may be far from the reality. It depends on many factors and sample size of the survey. Also it depends on what segment of the society you are targeting. If a similar survey runs here in bitcointalk, more than 90% of respondents will say bitcoin is better than local currencies and they don't need banks for their finances.

So yes, it's good to see positive responses as always. But don't make the mistake in thinking that it represents the entire world. It's an opinion from the targeted audience where blockchain awareness is increasing.

The cryptocurrency and blockchain space has been generating a lot of interest from the venture capitalists lately. In my country, where the legal status of crypto is still not known, we have a unicorn startup in crypto service space. So you can understand how much interest it is really generating where the BCs are ignoring the legalities and investing in this industry. They are well aware that they might loose the entire investment in case my country decides to ban crypto.

But that's good because crypto ecosystem needs services built around it to make it more viable for the common people to enter into the market. Which ultimately increase the adoption.

I don't think it is anything new in the crypto market. There are couple of Defi platform where you can borrow money against your crypto holdings. Coinbase is a late entrant in this loan market but given its existing customer base, they might become the king of this crypto loan market.

I don't think it's an attempt to bring bitcoin within the purview of traditional banking. It's just business and an attempt to increase the net asset of the company. Because when you open a crypto account with coinbase and deposit your crypto there, it becomes a liability for them. But when they give out loans against collateral, it creates asset for them on the books.

It absolutely makes sense for those who are in need of money but don't want to sell off their crypto holdings.

VCs are mainly interested in three things -

1. Money: let them know how your coin will earn revenue from the market and what are the ways. prepare some real world usage of your coin and demonstrate the revenue sources.

2. Marketing: let them know how you are planning to market your coin and how it is different and impactful.

3. Competition: let them know who are your competitions and how are you planning to beat them in their own game.

If these three parameters are demonstrated clearly and effectively, you may get a chance to receive the money from VCs.