I have been saying this for a long time that the world is dumping US dollar as trade currency. This is another piece in that ongoing trend. It won't kill Petrodollar entirely though since US still has many colonies that will continue using dollar including Saudi regime and even Europe. But it will definitely weaken US dollar over the coming years.

As for Saudi reasons, I believe it is just their way of getting some kicks in while seeing US is down on the ground because they won't get any other chance for doing it.
They are also putting this type of pressure on US regime because they are angry with their defeat in their invasion of their neighbor which was backed by US and the billions of dollars worth of weapons US sold them proved to be useless.
This is also why they are getting closer to US adversary China and are even selling some oil to China using CNY instead of USD.

The real question is what would US regime do? Historically they've always invaded and destroyed any country that has tried doing that.....

Considering that many believe that World War 3 has already started it is not surprising to see it in different titles although it is not in every topic as you said.
Keep in mind that such wars don't have to always be in form of nuclear end of the world scenario. The cold wars involving economy, food security, energy war, proxy wars, etc. are all parts of that WW3 that you keep hearing.

I've been curiously watching to see what they are going to do this time.
Last time the world tried to abandon US dollar and it tanked, the US regime had colonies like Saudi Arabia that they could pressure to sell their energy with dollar which introduced PetroDollar concept that saved US dollar and US economy.
This time however, US is not longer the hegemony it used to be and even the colonies are not listening to their orders. Many US analysts compare the regime with a ship that is slowly sinking. Even the US military is like that. I was reading an article that a Washington Think Tank released where they say if US entered any war with any of the existing powers today, they only have 7 days worth of strategic weapons! And war was something else US started with countries that tried dumping US dollar to prevent it (eg. Libya, Iraq, Syria, etc.).

Bull trap is not going to take almost 4 weeks and more than 43% rise! A trap is quick and a lot smaller than this and it definitely won't go above the strong resistances such as the $20k that we had.

In other words a bull trap would have been price going up to $19k and then dropping back down again. But when it crossed $20k the possibility of it being a bull trap vanished.

That is mostly a nonsense estimation because what they do is to consider any coins that hasn't moved in n number of years as lost! For example I have some coins from 2014 that haven't moved for almost 9 years and yet said sources claim they are lost!!!

There really isn't. Most of what you see is people scamming each other with fake wallets and just because you saw a single real story that doesn't mean there is an actual market.

Artificial Intelligence can actually come in very handy when trading using bots. It can ease a lot of strategies and take over the human to watch the market and react to market changes. For example imagine the altcoin market where a shitcoin is chosen daily to be pumped, AI can detect those and report it to the user to act on them. Then the AI could continue watching the shitcoin market to analyze the volume and orders that are being placed and decide how much the user should unload at what prices (eg. 10% of the bought coins after 20% profit, 40% after reaching 50% profit and so on).
Trading bots sometimes have something that resembles what I explained.

ChatGPT on the other hand, is not designed to do something like this. It is also very broken at times with the flawed answers it will give you. Bottom line is that you'd need a specialized AI for trading not this generalized one.

We have to be clear that it will take a very long time for cryptocurrencies to start being used for any real transactions in real world on a scale that can make us call them "payment systems". So far we only have seen bitcoin reach that level and be used for real transfer of money in real world (both online and offline businesses) while altcoins remain on exchanges for trading (aka gambling) purposes.
But even if bitcoin reached mass adoption it still wouldn't replace the centralized payment systems that are controlled by the government and the banking system.

The important factor is active accounts not user accounts. Anybody can create any number of accounts on any of these websites (I have one with Binance) and never use it (I don't) and yet be a statistic there. Maybe someone who created the account to see what bitcoin is and then realized they don't want to buy it at all. I said accounts since until you verify your account you can create as many as you want.
You also aren't taking into account the people who have an account on both sites.
So you can't use that number to find number of "crypto users".

That's not to mention that trading cryptocurrencies is not the same as using them (ie real adoption)...

Bitcoin doesn't really have that much fame in my opinion. We hear about it in the media from time to time but I don't consider it "fame" because it doesn't have corresponding adoption and adoption is the only "fame" bitcoin needs or has. We all know bitcoin adoption is still very small globally.

As for the reason for whatever amount of "fame" bitcoin has, it is pretty obvious if you ask me. Bitcoin offers a very unique set of utilities that people can not find elsewhere. There is no other currency in the world that can give you financial sovereignty and appreciate in value over long term.

I loved the accent. That's about it. LOL

The dude in the videos is just drawing random lines on the chart with basic understanding of technical analysis (which doesn't work at all by the way) and makes random guesses that usually go both ways so that he can later say "we predicted this" and get more Youtube subscribers and visits. If you look at his videos from a month ago, he was doing exactly this (price may go up or down) then he created another video saying "we predicted this rise".

Most of the bears are still in shock and many of them have lost a lot of money during the time price kept going up because they were all going against the trend and were selling bitcoin or worse shorting bitcoin while the price increased more and more. I don't think we are going to see them any time soon.

It is actually not so much about self interest but mostly about control. For example imagine if the government wanted to freeze someone's money (like the Canadian government did last year to its protesters) they can only do it if they have full control over their people's money otherwise if people were using something they have zero control over (like bitcoin) there is nothing they could do.
Ergo the governments are almost always against bitcoin and want to prevent bitcoin adoption, of course exceptions apply like El Salvador.

Well 99.9% of CBDCs are not even in development stage, they are just being "researched". So there isn't anything to read about and we can't really say what they'll be like or even if they will be created some day!

The small handful that were actually released are in a small scale testing phase and I have not seen any reliable source that confirms the 2 main characteristics you claim the CBDCs have in your post. If you have a reliable source like to Chinese central bank that says it has an expiration date or it must replace cash please post it here.

The two others that I know of didn't have the two conditions either. The Venezuelan one was more of a scam to raise funds and cover the budget deficit for the government experiencing hyper inflation.
The Iranian one that is released and is in testing phase also doesn't have any kind of expiration date. It also can not replace cash in Iran even if it wanted to.

Is it just me or these topics OP creates in quick succession look suspicious as if they were something that an AI would create...

An airgapped computer can provide the highest level of security but at the same time it is very difficult to create correctly (paper wallet is in the same category since you have to create it on an airgap computer) since you have to know how to create a "clean" environment that can be considered air-gap.
On the other hand hardware wallet is pretty easy to acquire and use while provide an acceptable level of security.

The day US was infected with capitalism and the rules kept changing for the wealthy minority was the day the downfall of the "empire" began.
One thing you missed was the gold standard was replaced by another standard using oil (ie. petrodollar) and they abused it by manipulating the oil price to pump and dump dollar. But we all know that you can only manipulate a market so many times before it stops working... specially since majority of oil sales are in the control of others.

Fair point. We should always see all the factors that can affect the market. The ones I listed are mostly in the same category affecting the economy but of course we should consider the bitcoin specific events like the 4-year cycles too.

My theory is that inflation is still good for bitcoin but there is a difference between inflation and recession and inflation with recession.
What we have is the last one meaning both inflation and recession at the same time.

• During inflation people still have their jobs even though price of every thing is going up so they still earn money as before and can can think about investing it and hedging against inflation.
• But during recession unemployment grows and people are earning less money so their main concern is their cost of living not investment which is why they liquidate their assets more during a recession, that is selling bitcoin among other things causing the dump.

What we have or are heading towards is inflation with recession specially when they keep increasing interest rates (that causes recession) to lower inflation that is already higher but it doesn't work well enough.

To be fair terms and conditions are always too long and sometimes they use a certain language with legal terms and things like that which makes it difficult for most people to even fully understand what they are signing! In other words this is a general problem that is not specific to bitcoin or crypto exchanges. People don't read the ToS of applications they install, or websites they sign up with either.
Besides when it comes to exchanges, even if you read the whole thing, you can be sure that they have placed some wiggle room for themselves so that they can never be sued when they "scam you"...

Bitcoin doesn't use RSA so your numbers are all irrelevant. You also need to read my post again, I never said overnight they would increase the speed to minutes. I even used the SHA1 example deliberately for those who are familiar with the story to understand the scenario better.

Schnorr is different from ECDSA but it is still not QC resistant.

Yeah, that is very rare and only works in very specific time frames like when the big altcoin is starting to get pumped for the very first time. For example buying the shitcoin called ETH in its early days and bag holding it for a while would have given you a lot of profit.

But generally speaking buying altcoins and bag holding them is never a good idea specially if you are investing your bitcoin in them. For example 0.15BTC invested in the same shitcoin called ETH 5 years ago is now worth only 0.07BTC which is more than 50% loss.

It's the language that would instantiate the mnemonic instance that would then determine the word-list to be used in it[1]. You'd use it by passing the short form of the language
When you pass an unrecognizable string like "ggsd^gsf", it will use the default one that is English[2].

[1] https://github.com/spesmilo/electrum/blob/7d52021d6b610f47b8e36ccdd571d5a1892e506e/electrum/commands.py#L337
[2] https://github.com/spesmilo/electrum/blob/6650e6bbae12a79e12667857ee039f1b1f30c7e3/electrum/mnemonic.py#L154