I just can’t understand. Previously, there was information that the People's Bank of China, using commercial banks, plans to launch the CBDC national stable coin, which has also been developed for about five years. Is it the same coin or not? Apparently, we are talking about the same stable coin, but for some reason with a different name.

Firstly, large corporations and generally all business structures are unlikely to use cryptocurrencies with a high level of price volatility. A particularly decentralized cryptocurrency is not suitable for those business structures that use transactions that are long in time from the moment of agreement to the completion of the transaction. If during this time the cryptocurrency price changes, one of the parties will suffer losses. Roulette is not a business game.

Secondly, we must pay taxes on activities in cryptocurrency. Only with this approach will states legalize cryptocurrency and create infrastructure for its development.

Also, cryptocurrency should go in parallel with national money and integrate into a single financial system. Only in this case will it benefit the state economy and will contribute to its development.

After the ICO, projects need to change the approach to the work of their tokens. Investors need to be interested in holding tokens. Now everything is actually built for a quick sale, while the price of the token has not yet completely fallen. I mean the provision of passive income or at least a mandatory redemption by the team of their tokens at some average or minimum price. Investors should have at least some guarantee of return on investment. Then the token will not depreciate so quickly.

The population of Asia is very actively interested in cryptocurrency. Many cryptocurrency exchanges are concentrated there now, the volume of cryptocurrency trading in this region is growing rapidly. Therefore, Asia has actually become one of the leaders in introducing cryptocurrency into our global financial system. China is also moving slowly in this direction. Although they are looking for their own path to cryptocurrency, however, this large state cannot do without integration with the rest of the world.

In my opinion, Bitcoin will not cross the price of $ 50,000, not only in a year, by December 2020, but also in five years. Not only do I see no reason for such growth, I do not think that any cryptocurrency should, in principle, have such a high price. And the owners of Bitcoin themselves will not allow it to grow freely to such price values. They will bring down the price by selling their bitcoins.

Worried about disturbing and negative events. The growth of bitcoin in the price causes a logical interest about the possible reasons for such growth. But we don’t see any obvious reasons. A statement by the Chinese president to support blockchain technology cannot be a real reason for the rise in the price of bitcoin, since the Chinese government has previously fully recognized this technology and widely implemented it in practice.
However, it is important that the price of bitcoin began to rise. Let Bitcoin continue to rise in price for no apparent reason.

Bitcoin was not created in order to replace gold with itself and does not have such an opportunity for this. These are completely different, with almost incomparable financial assets. I do not even consider bitcoin as digital gold. It is also not suitable as a means of preserving value, since it has very high price volatility. And he will never grow in price forever.

In my opinion, John McAfee has already overshadowed his previous forecast for the price of bitcoin at one million dollars. Now is he talking about two million? It is safe to say that bitcoin will never cost either two million or one million dollars. It will be a very big event if he ever can briefly rise to $ 50,000. And then this is not very believed. However, the coming years will show where cryptocurrency is going in relation to its prices.

I do not see the real convenience of providing such a banking service. As I understand it, besides the fact that we will pay a commission for bitcoin transactions, will you still have to pay the bank one percent of the transfer amount? It turns out a bit too much. In addition, with such a bank account with a built-in bitcoin wallet, we will be constantly under the supervision of the bank and the government. Something is not very attractive to such a bank account. I don’t know, maybe in some life situations the presence of such a bank account will be beneficial, let's see how people will react to this.

Honestly, I do not like the tough price dominance of bitcoin in the cryptocurrency market. Of course, there are many useless altcoins on the market, but I would prefer that each of them develop without such dominance. Now, even the best altcoin projects have been in a price decline for almost two years due to bitcoin. Because of this, many began to lose their general interest in cryptocurrency. I think that the price dominance of bitcoin will not last long anyway. The cryptocurrency market will find a way to harmonize the relations of its participants.

I see no signs that with the advent of bitcoin or cryptocurrencies, in general, paper money shows any signs of its disappearance. In my opinion, cryptocurrency will not revolutionize financial relations, as many assume. Of course, the influence of cryptocurrency, especially with the growing interest in it of ordinary users, is huge. However, cryptocurrency will occupy only its niche among other means of payment and will go along with the national money of states. There are many prospects for its use when combined with other types of means of payment, however, bitcoin or other cryptocurrency will not be able to replace the traditional payment systems or become dominant among them.

The attitude to cryptocurrency largely depends on the first experience with cryptocurrency. If the result was positive, then the attitude towards it will be appropriate in the future. Also, such an attitude will largely depend on the degree of help from others, if a beginner in cryptocurrency has certain problems. Many sometimes face technical difficulties and, not knowing how to solve them, simply leave the cryptocurrency.

Coins of states and their governments can hardly be called private. They are created on behalf of the state as national coins. Such coins in most cases are created as stable coins and in fact are the same currencies, only in digitized form. Such coins are likely to be in demand.
At the same time, most tokens can be called private, since they are often created for a private business.
A cryptocurrency of states similar to the CBDC Chinese coin will continue to appear. This is inevitable and there is nothing we can do about it. Yes, and is it worth it?

I think that this time in Ukraine they quickly legalize cryptocurrency. The president and parliament work harmoniously and efficiently. However, it will nevertheless take some time to get to this law, because several thousand bills are waiting for consideration. It should also be borne in mind that several good bills have already been submitted to the Verkhovna Rada of Ukraine and each of them can be taken as a basis.
So far, President Zelensky has lived up to the expectation of the people, although there are mistakes that an inexperienced politician will surely have.

This is already happening through the creation by states of their stable coins. Now this is clearly seen in connection with the creation by the Chinese government of its own stable coin CBDC, which is actually a digital yuan.
Although these coins are completely different from a decentralized cryptocurrency, they can have a significant impact on it, since people can use stable coins more as a means of payment. This will have both positive and negative sides. Cryptocurrency continues to evolve.

For a long time, the cryptocurrency market has practically stood still and this is not characteristic of such a market. Especially in the fourth quarter of the year, when usually at this time cryptocurrency traditionally grows in value. True, in the last two years, the market is more in stagnation or decline, especially for altcoins. This year, bitcoin showed a good price increase only in the second quarter, increasing almost four times, however, altcoins reacted very weakly to this growth of bitcoin and this was quite unusual for the cryptocurrency market.
Now we still expect a significant increase in the price of cryptocurrency, however, this market has recently been giving us some surprises.

This is the latest report of the G7 countries working group and the Bank for International Settlements regarding stable coins and bitcoins. In general, for the first time I see such a negative assessment regarding stable coins, including bitcoins. It seems that banks are concerned about the increasing role of stable coins in financial relations. Most likely, this is just the subjective opinion of the members of this group.

Over time, the valuation of decentralized cryptocurrencies by governments and banks will change, and possibly not for the better. So, recently in a recent report, G7 countries and the Bank for International Settlements announced that bitcoin and other cryptocurrencies are not a safe investment and a reliable repository of value. While there is nothing dangerous for cryptocurrency, however, nothing good is also here. You should probably expect that the legalization of a decentralized cryptocurrency will slow down again or will not be fast enough.

Apparently, it meant that 21 million bitcoins will be mined, but over time, in fact, their number will decrease due to natural decline. Already today, more than six million bitcoins from the extracted 18 million have been irretrievably lost. Over time, the number of lost bitcoins will increase. Therefore, over time, the number of working bitcoins will decrease and the time will come when there will be very few of them.
Of course, given the fact that Bitcoin is planned to be mined before 2140, these will not be our problems.

Now Bitcoin is used primarily as a means of accumulating value, since in general it increases in value every year. To a large extent, this is why it is very poorly used as a means of payment. What happens if bitcoin stops growing in price? I often ask myself this question. In my opinion, if this happens, the demand for it will drop sharply, and therefore the price for it will fall. Will it ever be used consistently as a means of payment? There are also many questions and insoluble problems.
At the same time, cryptocurrency as a whole is rapidly developing and improving. Its circulation in the future together with the usual currency is already undeniable.