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2281  Alternate cryptocurrencies / Altcoin Discussion / Re: Is Terra Classic scam? on: October 07, 2022, 01:25:54 AM
All of them should be accounted for the consequences that they have to face. AFAIK, the South Korean government is now hunting them and have released a ban for flights and as well as already cooperated with the Interpol.

It's just going to be a matter of time until Kwon will be arrested and surrender himself and he'll also point out where are his cohorts are hiding.

While for their projects, LUNC is the one that where exchanges are helping with while the new one, is likely being ignored.

Scammers should be held accountable for their own actions. And the Terra project's team is not exempt from being taken by the full force of the law. By arresting the persons involved in Terra Classic, it's likely investor confidence will be restored. It'll be up to the community to come up with new ideas to help attract as much capital into the project as possible.

By itself, the project isn't a scam. But it's a gamble considering that there are still plenty of tokens in circulation. Fortunately, Binance has been contributing to the cause by constantly burning LUNC on chain. The more tokens are burned, the faster the price will be recovered. Who knows if someday LUNC gets past $1 per coin? Just my thoughts Grin
2282  Alternate cryptocurrencies / Altcoin Discussion / Re: Is NFT's hype over? on: October 07, 2022, 01:21:40 AM
NFT will never be over. Its market may drop in times like this bearish season but it won't last long. There are more metaverse projects starting to develop and in the next few years, this will become the next big thing in crypto. From Bitcoin to Bitcoin+altcoins then comes Bitcoin+altcoins+NFTs and then the next will be with metaverse. NFTs will become a huge part of these metaverses.

I am looking at some of the next good projects with potential and many of them are connected to NFTs and metaverse. Lifeform, for example, the creator of HALO NFTs worked with Binance Labs and will launch its product for public minting of NFTs that are applicable to the metaverse.

NFTs are still a thing, even though crypto market prices have been "dipping" like crazy. I'd say demand for NFTs has declined. But the hype is far from over. Major companies are getting into the game, so it would be best to buy and "hodl" prominent NFTs to increase your chances of becoming rich in the future. You're going to have to do your own research to determine which NFTs are suitable for your investment, though.

I believe in-game items and digital real estate will be the ones that will gain the most value over time. The Metaverse is just the tip of the iceberg as the best is yet to come. As long as you don't invest more than what you can't afford to lose, there should be nothing to worry about. Just my opinion Smiley
2283  Economy / Economics / Re: Why Bitcoin will always remain the best choice on: October 07, 2022, 01:15:06 AM
They will in time or if not sooner judging by the rate at which Fiat is losing value. My local currency is so valueless against the usd that prices of commodities are high, many minimum income earners are struggling to buy consumables. The inflation rate as at August is 20.52% according to an online source, and the situation is not anywhere near better.

This dwindling situation of fiat will expose many locals to btc and how they can take advantage of it, even though the government will fight to discourage people from using btc as a better choice and alternative, the hard situation will make it happen regardless of what the government authorised.

Now that's a very high inflation rate. I don't know if that could be classified as "hyperinflation", but it's certainly not a good picture for the economy within your country/region. Central banks around the world are now trying to fix everything by raising interest rates. This will make local currencies stronger, but it will severely slow down the economy. Many experts are saying we're heading into a recession that's going to last for quite a long time.

When inflation strikes, Bitcoin will be there to save the day. El Salvador and the Central African Republic already adopted BTC as legal tender, so it should only be a matter of time before other countries do the same. Who knows if governments peg the value of their currencies against Bitcoin? If that happens, then "hyperbitcoinization" (also known as the Bitcoin Standard) will be fully realized. By accumulating BTC, you will increase your chances of becoming rich in the future. Bitcoin has been known to reach a new All-time-high in price after every bear market, so I'd suggest you accumulate as much coins as you can before everything goes back up again. Just my thoughts Grin
2284  Bitcoin / Bitcoin Discussion / Re: Now is the perfect time to invest in Bitcoin on: October 07, 2022, 01:11:45 AM
Do not assure that by 2023, the price of bitcoin will increase. I'm bullish as much as I would always think but that could make some newbies lean on those words and have their whole trust in it. Do not forget that bitcoin is volatile and those that are longing to invest should only invest with the amount that they can afford to lose. Although I believe what you do believe I always take note that it's not financial advise and everyone has their own decisions before investing in it because it's your money to play for. On my side, I'm believing that the reversal will be back after the halving which many of us know how impactful it is.

There are predictions that 2023 will lead us to a severe economic recession, so it's likely Bitcoin and other cryptocurrencies will slide further down the road until the dust settles. Maybe things will get brighter by 2024? What's important is that you buy as much Bitcoin as you can while it's still in "bearish mode". That is if you have money you can't afford to lose. I'm confident that once the global economy is restored, Bitcoin will bounce back to its original prices. Probably even higher than its ATH of over $68k per coin, due to the reduction in the block reward.

Remember, bear markets are a great opportunity to strike it rich in the future. A little here and a little there would certainly make a difference in the long run. Who knows if we become the next Bitcoin millionaires? Just my opinion Smiley
2285  Bitcoin / Bitcoin Discussion / Re: Privacy should be fought for on: October 07, 2022, 01:03:32 AM
You can still technically use Bitcoin without third party services. The only thing you would be required by law to do was to file taxes. If you're doing that, then there's no reason why you can't just use Bitcoin without any other third party.

You can use peer to peer exchanges. The only limitation would be when it comes to escrowing funds, usually that's required by a lot of users here. There's no easy way around that either. Although, at least with that you, and the other trading partner can decide what escrow among you, and you aren't forced into one. For example, using exchanges is usually limited to your geographical area to some extent.

While it's possible to avoid third-parties when using Bitcoin, you'll face a number of difficulties that will prevent you from getting the "full experience". For instance, decentralized exchanges don't have the same liquidity and ease of use as their centralized counterparts. There's also the issue of recovering your funds due to loss, hacks, or theft. Some centralized wallet providers have safeguards (eg: Coinbase) that would protect your Bitcoin against such undesired situations. That's because they're regulated and are insured in every way.

By holding Bitcoins yourself, you'd be on your own if something undesired happens with your holdings. The good thing is that you will gain more privacy and have complete control of your funds. I guess you're going to have to evaluate the advantages/disadvantages between using Bitcoin with third-parties or all the other way around. With all of the tools we have at our disposal, I don't think privacy will cease to exist during our lifetimes. Just my thoughts Grin
2286  Alternate cryptocurrencies / Altcoin Discussion / Re: Will "De-Fi" platforms be subject to KYC/AML laws in the future? on: October 06, 2022, 12:15:30 AM
With the US government declaring that they have oversight over Ethereum, it definitely sets up for some crazy battles in the future.  I can't imagine how all this defi stuff is going to be regulated.  I didn't think it would make it this far to be honest.  The next couple of years are going to be full of courts making decisions about people's finances on the other side of the globe.  I'm sure a lot of effort will be done to track everyone though one way or another.

FED chairman Jerome Powell already said "De-Fi should be regulated", so expect further scrutiny into crypto/Blockchain tech from the US government. This shouldn't be surprising, especially when governments want to exercise control over people's lives. Since "De-Fi" is something out of their reach, expect attacks against the revolution will to continue. I'm afraid the US government will be successful in their task of "regulating" "De-Fi" simply because most blockchain platforms are centralized. Not only that, but most dApps also have their frontend interfaces hosted on centralized servers. We'll never achieve true censorship-resistance this way.

How can Blockchain fulfil its purpose when most projects don't care about decentralization? As long as there's money involved, don't expect things to get better soon. Just my thoughts Grin
2287  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Terra Luna Classic pumping - can it last? on: October 06, 2022, 12:12:18 AM
I am fairly new to crypto and in July I took a gamble on terra luna classic when it was 0.00009 and it is now pumping. Can someone explain why this is and what the chances of it lasting are?

I have been following it more closely over the last week as it has began getting more and more attention and apparently a lot is happening over the next few weeks which is driving the price up currently but not sure what it all means?

How realistic are the chances of it reaching $0.01 or $0.10 and how long will this take? Months or years?

I am not selling just yet but this is seeing the best returns I have had in crypto so far so may take out my investment soon and let the profit ride.

LUNA Classic's pump is only attributed to the burning mechanism recently approved by the community. It seems that Binance has been the only exchange who burned most of LUNC's supply, causing a short pump in market prices. But I don't think that will ever lead LUNC towards $0.01 and above because the project already lost investor confidence. The community should re-brand the coin to help bring a fresh image to the masses. Only then, it may be possible to attract huge investors into the project. Not only Terra Classic would be needing investors, but also prominent developers willing to build dApps on its ecosystem. AFAIK, most developers moved from Terra to other chains after the coin went all the way downhill in an instant. Some competing projects offered grants to help attract developers into them. Considering that no progress has been made regarding the development of the Terra Classic project, I'm afraid the cryptocurrency will remain a speculative asset for a long time. At least, we have other coins to choose from. Just my opinion Smiley
2288  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum POW - ETHW on: October 06, 2022, 12:09:28 AM
Yes, we will get ETHW equivalent to the amount of Ethereum available in our wallet. Of course the ETHW developers have put out a lot of coins to share for free. ETHW was developed by lovers of the PoW version of Ethereum, because the basic Ethereum has changed to the PoS concept. In a short time ETHW wallet addresses have reached more than 254 million.

The question is: Will it be worth exposing your private key just to "redeem" the airdropped coins? The ETHW cryptocurrency has a very low market price, so it wouldn't be worth risking your ETH private key just to get some "free coins" on the other chain. This new fork was created so miners could fill their pockets with money. But it won't have a future, simply because it hasn't attracted mainstream developers' attention.

I'd say ETC has a better chance for survival because of its proven track record of development and innovation (even though it doesn't have almost any dApps or tokens on it). People are free to choose which coin to mine, so as long as there's hashrate behind the ETHW chain, the project won't be going anywhere. Just my thoughts Grin
2289  Economy / Economics / Re: Inflation is a creeping beast on: October 06, 2022, 12:06:26 AM
You have made a very insightful opinion on a complex issue.

But a decentralized currency won't solve the issue which caused the excessive printing.
The feds don't like printing money either, even they don't want to do it. But there was no other way. A new currency, however it works, won't change the fundamentals of demand & supply. A decentralized currency may even be worse in such scenarios. Since there won't be any way to control the money supply(or a central authority to do so), the problem will be much bigger than what we have right now.

And inflation isn't always bad. It's a part of growth.  It is a natural occurrence that happens when an economy is growing.

If the world ditches the Fiat standard over the Bitcoin standard, then it may be possible that decentralized cryptocurrencies will solve all of our problems. As it's said in the real world, "fix the money, fix the world". But governments won't allow crypto to take over, because they will lose control over people's lives. Central banks will continue to keep Fiat afloat by any means necessary. While inflation cannot be avoided, it can be controlled to a point where it doesn't do too much harm over the mainstream economy.

It's normal for Fiat to experience some inflation since it was designed to be spent as a currency (not hoarded as a scarce asset/commodity like Gold or Bitcoin). Without inflation, Fiat currencies will become so strong that it would be too expensive to use them for daily payments. Inflation becomes much of a problem when too much money is being printed on an annual basis. With high inflation rates, prices for food, gas, energy, and other commodities will rise like there's no tomorrow. This will make poor people even poorer than before, especially when wages remain relatively static. Unless COVID-19 and the Russia-Ukraine war ends, don't expect to see any signs of improvement over inflation anytime soon. Just my opinion Smiley
2290  Economy / Economics / Re: We should separate the markets for Bitcoin* and centralized altcoins on: October 06, 2022, 12:03:29 AM
Bitcoin is the most decentralized, mostly all others (altcoins) are not really decentralized, they are centralized to an extent.

Altcoins like ether, binance coin and most others are centralized

See stable coins, most can be freezed on noncustodial wallet. Nothing is most centralized than not having full control over your own asset. Maybe there are altcoins that are not stable coins like that too.

See what Binance is doing, the centralization is even more than creating a cryptocurrency, but into other aspects like backing completely close source hardware wallet (Safepal), having close source wallet (Trustwallet), manipulating stable coins for there own created stable coin, BUSD.

There is no coin that is decentralized like bitcoin.

People are people, even as there are many fake projects, they will still want to risk their money one those coins. I have seen Binance to be most centralized from them all, which is even beyond creating coins but about cryptocurrecies in general.

There's centralization all over the place. Binance not only controls a large portion of the crypto market, but it also has huge influence over it. On top of that, most altcoins are centralized as they've prioritized scalability instead of censorship-resistance. You can see how ETH defected to the regulators by doing the switch to PoS. The whole crypto/Blockchain space is going backwards (with the exception of Bitcoin) by introducing the middleman back into the system. How can Blockchain achieve its full potential this way?

Unfortunately, there's nothing we can do since greed (money) goes above all else. Wall Street has invested deeply into crypto, so centralized "shitcoins" will keep "pumping" like there's no tomorrow. The newcomer into crypto thinks everything is decentralized, when in fact, it's not. The more people support centralized altcoins, the easier it'll be for governments to enforce regulations at will. Let's hope Bitcoin does the difference by keeping itself as decentralized and censorship-resistant as possible. Just my thoughts Grin
2291  Bitcoin / Bitcoin Discussion / Re: Satoshi's faceless identity is the greatest Bitcoin success strategy on: October 05, 2022, 01:30:02 AM
I completely agree with you on this.. I belive it gave people a sense that Bitcoin is truly decentralised otherwise people would be pointing out Satoshi as the owner and would have blamed him for each falll. While making him change the Bitcoin algorithm or increase supply to meet public demand or authorities would have scuttled the project by personally targetting him.

I don't get why most projects these days have their team members' identities public. It gives governments the chance to prosecute the individuals behind crypto projects at will. There's a reason why Satoshi never disclosed his identity in the first place. If only Vitalik copied Satoshi's footsteps, the Ethereum project wouldn't had been a mess today. The sanctions against the Tornado.Cash mixer and the PoS upgrade on the ETH blockchain have greatly undermined people's privacy and freedom.

I believe crypto/Blockchain tech needs to remain as decentralized and censorship-resistant as possible to help render governments' efforts worthless. It seems to me that only Bitcoin will remain decentralized because of its unknown creator. The rest will simply go all the way downhill in an instant. Kudos again to Satoshi for doing the right thing from the start. Just my thoughts Grin
2292  Bitcoin / Bitcoin Discussion / Re: Will digital dollar be a threat to bitcoin? on: October 05, 2022, 01:25:25 AM
Threatened in what?
If the internet and electricity around the world suddenly stopped, then that would be a real threat to bitcoin. Centralized and decentralized aren't competition. In the end, all payment systems will become digital to achieve transaction efficiency, the presence of CBDC is a future innovation that however requires support. Whether you wanna use it or not, it's just a matter of taste.

No Fiat currency will ever be able to threaten Bitcoin's existence. That's because Fiat (whenever digital or physical) is centralized, whereas Bitcoin is not. As you've said before, only a complete shutdown of the Internet would be able to stop Bitcoin for good. But we all know this is technically impossible to achieve. A digital dollar would only benefit the US government and the central bank (The Federal Reserve) than individuals themselves. It will be the end of privacy for good since the new CDBC will give the government more power over people's finances. Paper money will be phased out for good, leaving us only with truly-decentralized cryptocurrencies such as Bitcoin and Monero. As long as people have a choice, there should be nothing to worry about. Just my opinion Smiley
2293  Alternate cryptocurrencies / Altcoin Discussion / Re: Can Solana be the next Ethereum??? on: October 05, 2022, 01:20:12 AM
lol Solana is dead. I don't know what is wrong with it but it is clear the way they designed it is fundamentally broken. Since November last year it has broken a lot. I think the recent break from a few days ago was the first in a while, but it has broken something like a dozen times since the first one last Fall.

After that first break and shutdown last Fall the devs said they'd fix the problem, so I thought it was a specific problem that they could account for. But then it kept breaking every 2 or three weeks for the most part. It is clear it's not a problem to fix, but a flaw in how they designed the system.

A blockchain that has to shutdown regularly is not something that will ever be useful or attain a lot of value. For a few months last year Solana got popular because some NFTs blew up on it. But that's all it ever had. Now it's a blockchain that doesn't even work. I don't expect it to ever get back to its ATH. And it certainly won't ever be a serious competitor to Ethereum. There are plenty of smart contract platforms that actually work who can try to be Ethereum competitors, Solana doesn't match that description.

Exactly. Solana is broken by design. You can't expect it to last forever if network outages become a daily issue. I don't get why SOL is still among the top ranks in market cap, when it's completely unreliable for mainstream payments. Whales must have some benefit by keeping SOL that way. People should just focus on Ethereum, since it's the one smart contract platform that hasn't experienced an outage or downtime since its inception.

Of course, the ETH blockchain is less-decentralized with the PoS upgrade. But it's still a better choice than Solana or any of its competitors. I think Cardano is better suited to compete against Ethereum than Solana itself. It's reliable, secure, and decentralized. If only people knew Cardano's hidden potential, the cryptocurrency's price would've soared to new heights. At least, people have a choice. As long as decentralization prevails, nothing else matters. Just my thoughts Grin
2294  Alternate cryptocurrencies / Altcoin Discussion / Re: Ethereum Merge Success on: October 05, 2022, 01:15:17 AM
Ethereum Merge Is Done and considered successful, Do you think Ethereum has the solution Bitcoin needs and is this proof of ETH Next Of BTC after normal market?

Lol. If you think Ethereum has the solution to all of Bitcoin's problems, then you really don't know the true importance of decentralization. PoS is pure centralization at its core, enabling the rich to take control over the entire blockchain network. This means big exchanges and companies will have a huge leverage over ETH's network operations, leaving the little guy out of the system. With PoW, anyone can participate in the network's consensus with the appropriate hardware. Exchanges won't be able to have the most say on the Blockchain just by using customers' funds.

There's a reason why Bitcoin developers haven't proposed PoS consensus on the BTC blockchain. That's because they want the cryptocurrency to be as decentralized and censorship-resistant as possible. Doing the switch now, means Bitcoin would "bow" itself to the regulators. They may come with the excuse that PoW is energy intensive, but we all know that banks consume more energy than the entire BTC blockchain. Government officials are pushing developers to adopt PoS on major cryptocurrencies in order to get what they want. I feel sorry for ETH as now it will become no different than other useless centralized "shitcoins" on the market. It seems that "The Merge" hasn't been that much of a success, considering that ETH prices dived to $1.3k. Probably Bitcoin will remain the only decentralized cryptocurrency on the market, while the rest will go all the way down the drain. Just my opinion Smiley
2295  Alternate cryptocurrencies / Altcoin Discussion / Re: How to Generate Profit in this bear time? on: October 05, 2022, 01:10:05 AM
In many days i see in my port filo 5$ up and 5$ down , what is the best strategy to increase profit?

I don't think there's any strategy to increase your profits, especially when the market is constantly going on a downtrend. There's huge uncertainty surrounding the crypto market, so your best bet would be to buy coins at cheap prices and "hodl" them until the dust settles. I see a bear market as the perfect opportunity to grow your wealth in the future. It's the moment where you can strike it rich if everything goes back up again.

We're going to have to wait and see if the global economy shows signs of recovery for crypto to bounce back to its original price levels. No one knows what the future will bring, so we can only hope for the best. Just my thoughts Grin
2296  Bitcoin / Bitcoin Discussion / Re: Privacy should be fought for on: October 04, 2022, 01:21:22 AM
The fact this isn't talked about much even more so after Canada froze bank accounts watching people tx bitcoin and ETH addresses tied to other ETH addresses are being black listed / banned is really bad.. 

BTC will fail or much much much worse become the money of enslavement if privacy is not added.. Unbreakable privacy..

The thing is most people actually don't care about their privacy. They say they have "nothing to hide". With this mindset, we can never expect governments to give up on their task to destroy privacy for good. Bitcoin by itself may not be private, but there are tools you can use to help make your transactions private. For instance, you can use a non-custodial mixer to obfuscate your utmost sensitive transactions, or simply convert your BTC to a privacy coin like Monero or Zcash.

Some would say using a new BTC address for each transaction is the perfect measure to help protect your privacy. The problem here is that you're stuck with centralized exchanges which force you to provide your personally-identifiable information. Decentralized exchanges exist, but they have low trading volume/liquidity compared to their centralized counterparts. Not to mention, they're not as easy to use as you think they are. With the introduction of CBDCs, governments will become more invasive than ever. It'll be up to crypto advocates to help defend privacy for the sake of our liberty and freedom. Just my thoughts Grin
2297  Bitcoin / Bitcoin Discussion / Re: Now is the perfect time to invest in Bitcoin on: October 04, 2022, 01:16:07 AM
The price of Bitcoin increased drastically in late 2020 and early 2021. The price of Bitcoin touched about 72k dollars.But from there the price has come down to its lowest level.

https://i.ibb.co/SwZRFXh/22b6e9eb5212.jpg


Bitcoin price is currently 19302 dollars but the possibility of Bitcoin price increase from here is very high.And I think Bitcoin price in 2023 Chances of reaching $100,000 per year are very high so if one wants to invest then now is the best time to invest in Bitcoin.

If you invest at this time then you will definitely be able to reap huge benefits as I believe that Bitcoin price will increase greatly by 2023.

Predictions are predictions. The world's economy is still in a very bad state, so it's unlikely Bitcoin will reach a new ATH by 2023. Unless there's an improvement in the global economic landscape, we should expect further pain down the road. This would only be the perfect time to invest into Bitcoin if you have spare money to lose.

The huge volatility present in the market right now could leave you with nothing in an instant. It's a risky move that could either work or fail altogether. You'd consider yourself lucky if you bought Bitcoin now to sell it at a higher price once everything goes back up again. At least, Bitcoin won't be going anywhere. As long as it works as intended, nothing else matters. Just my opinion Smiley
2298  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Will Ethereum price get to 4,000 in 2022 on: October 04, 2022, 01:12:03 AM
We still have time to see market rising, it's not difficult to skyrocket from $ 1300 to $ 4000, it only takes 3x an increase, and that has happened, but I'm sure that ETH will skyrocket and touch $ 4000, the best thing now is to focus on keep buying.

$4k will happen but not during the remainder of 2022. That's because central banks around the world will continue to raise interest rates in order to tackle inflation. This would cause risky assets like stocks and crypto to go all the way down the drain. We can never expect ETH or any other cryptocurrency to rise in price unless the global economy is restored.

This is not the time to sell our coins, but rather accumulate for the next bull market. That will happen only if the global economy is restored back to its former glory. If we go into a deep recession, then it's bye-bye for ETH and other cryptocurrencies as their prices will decline to new lows. These are uncertain times we're living into, so expect the unexpected. Just my thoughts Grin
2299  Alternate cryptocurrencies / Altcoin Discussion / Re: Tornado Cash sanctions as the beginning of the end of privacy coins? on: October 04, 2022, 01:05:04 AM
https://www.coindesk.com/layer2/2022/09/28/the-problem-tornado-cash-raises-about-base-layer-censorship-on-ethereum/
The Problem Tornado Cash Raises About Base Layer Censorship on Ethereum
Requiring validators and others to censor blocks would be an unwarranted expansion of sanctions law.

https://www.coindesk.com/layer2/2022/09/29/how-to-deal-with-tornado-cash-without-using-sanctions/
How to Stop Illegal Activity on Tornado Cash (Without Using Sanctions)
Rather than sanctioning code, U.S. authorities should have targeted the human intermediaries.

With Ethereum switching to PoS, it becomes easier for the US government to force validators (staking nodes on the Blockchain) to censor transactions related to Tornado.Cash. Considering that the biggest holders of ETH are centralized exchanges, "killing" privacy on the Blockchain should be a no-brainer. This would be the beginning of the end of ETH as we speak. So much for a decentralized platform built for "censorship-resistant" applications. I just hope other blockchains prioritize decentralization in order to prevent stuff like this from happening in the future.

Privacy is a human right, but governments are fighting against it for complete control. They intensify their attacks on crypto/Blockchain tech because it's something they can't control (decentralized). I guess we're going to have to turn ourselves to Monero for true privacy without limitations. Just my opinion Smiley
2300  Bitcoin / Bitcoin Discussion / Re: What will happen If Bitcoin got stabled ? on: October 04, 2022, 01:01:40 AM
Possible outcomes if Bitcoin turns to be stable

  • Look for some alternatives for investment
  • The interest over bitcoin will reduce
  • Real-time usage on stores will increase

We could say Bitcoin will be used more as digital cash than a store of value once it becomes stable in Fiat terms. But that's very unlikely to happen because BTC's supply is finite. Besides, the pioneer cryptocurrency is traded on the open market. Centralized exchanges are not the only ones in the game, so this gives us wild fluctuations in price over time.

I think price volatility is not a bug, but a feature of Bitcoin itself. There are already stablecoins meant to bring the stability of traditional Fiat currencies (mainly the USD) to the Blockchain anyways. If people want to avoid volatility, they would simply convert BTC to a stablecoin of their choice for complete peace of mind. It's as simple as that. Bitcoin's been proven to be resilient at times, so it's very likely it'll be with us for generations. Just my thoughts Grin
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