They also should solve the corruption in their monarch government, many citizens hates the King and I think that this regulation will only anger the people as they do not want to participate in anything that their government does, some will definitely actively participate in this illegal gambling ring just to piss off their government. Taxation is a good thing but the people seem to know that it lines the pockets of the few elites of the country so I get their sentiment if they do not plan to abide this measures.

It is also called a gambler's fallacy, it is a type of fallacy where the people believe that streaks of unfortunate events or losses is just a road paved for an eventual success. I want to know how much money in total have they used for lottery tickets over the course of 20 years together with the inflation. I am pretty that it is a lot of money too. I hope that they wouldn't squander it on luxuries and other ephemeral things because that is a lot of money.

Pretty sure that the winner will waste it on luxuries, I had posted a topic about this people that have wasted their wins onto something frivolous and ended up in misery. They are pretty evident in lottery winners, there have been books that tackle this issue specifically. There will be exception to these cases but there is an imbalance between them. That amount is enough for a family of 5 in my country to retire without having any problems with money onto the next generation.

I think so too, by that time, bitcoin has already been passed from the first generation to the second generation. Not to mention that mining might not be the most profitable thing to do at that time, there will be more jobs that are far more profitable than we could imagine now. If you have the will to hoard and the money to make it happen I think that you can do anything you want, being a ruler will need more than just bitcoin because you will need some connections to establish an empire or government.

To OP, they can't get the mining rewards because they will still be infant when the last block was mined.

If you are so worried about your bitcoin losing after you die, you might want to change the way you view your wallet, find a special someone to share your secrets. Or get a lawyer to get all your affairs in place, make a will that consists of keys that are needed to access your cold wallet or if you want to, you can buy a safe and put your cold wallet and the keys to that place never to be seen for a long time. Those who will inherit bitcoin will be far richer than anyone in the future because there will be a lot of lost coins by that time. Mortality is inevitable but we have to accept it, do not get the feeling of dread over those things, it will only hinder how you will live your life.

I will keep this services in mind even though I haven't tried doing that much online shopping, have done it twice but with fiat though. I hope that if Amazon accepts bitcoin, the companies that are selling their products should integrate one too as I do not want to support Amazon getting a cut from the profit of those smaller companies and not to mention that some of those products when you buy them directly from the company instead, you can sometimes get a discount.

I don't think that it is the criminals that are the reason for removing some denominations too, maybe the problem is the cost of printing those amount seems to be a problem economically. I don't think that it is an expiration, it is more like phasing out. Putting expiration on currency value will not be a good strategy for long term prosperity in a country, economy needs to inflate for it to grow.

Six digits is still a pipe dream for many of us, even the institutional investors, there are a lot of adversarial matters that we should deal before we could reach that number too. One is the FUDs that are being spread to sow confusion and panic among the community, the only way to defeat this is by ignoring them, especially those that came from big media outlet, if nobody talks about it then it won't affect bitcoin. Two is the regulations that are being put in place to make a short leash for bitcoin, we can't do much here but to vote for lawmakers that are in favor of bitcoin freedom or at the least laxed and public favored regulations, the only problem is most politicians are only talk. With the current price of bitcoin, I think doing a trading will be advantageous because you are taking the opportunity to profit at short term but if you are a long term one then it will be better if you wait for another dip in the prices to get the most out of it when the time comes that you harvest what you invested in.

Pretty scary, to be honest, they at least have a half a million of bitcoin which means that if investors altogether unanimously decided to sell the coins although that is impossible in reality, they can cause a destructive big wave, which will cause panic among the community. This is just a baseless theory made by me but I think Grayscale might be buying this boat loads of bitcoin to control the prices and then suddenly sell all their shares to cause a big wave.

It can be possible but the problem is people are still putting value in goods and services, if we are able to look past that notion then I think that fiat being eradicated altogether with the banks that benefit from it, I think that it is possible.

To OP, we can replace fiat and in regards to who will get bigger when the changes happen, it will not happen if we were to solve the problem of monopoly as soon as the current system is removed.

Dumbass, of course people will be looking for something tangible. Gold will win 100% of the time, bitcoin and electricity will be the least priority at the first stages of this kind of collapse, even if the first stage has already passed bitcoin will not be a priority, civilization will go back to barter system. Here is a list of items that are valuable: Water, Rations, Seeds, Non-Perishables, Bullets, Weapons, Wood, Firestarter Kits, Medicines, Knife or Carving/Cutting Equipment and First Aid Kits/Implements.

Yes there are some projects that I have heard of, they do want to replicate the concepts behind blockchain. I think data storage type of blockchain is a pretty helpful concept for data privacy if ever it comes to become created, being secured in cyber space will not be limited to using VMs, Tails OS, Deep Web and other privacy services, even the Surface web will be safe.

This is a pretty bad thing because not only did OP got locked out of his/her account, OP also got his/her identity and data being collected for the supposed KYC. With all the identification that OP have provided, I think that this is a clear scam for me. We can't really help OP, all we could do is comfort him/her and tell her not to fall for the same trick twice. I don't think that contacting them on other social media platform will be enough because as stated in OP is that they will not unlock OP's account. Regarding the verification, there is a sudden prevalence of locked account that is needing identification out of nowhere, this is a blatant identity theft and data selling in my opinion.

To OP, move this to Scam Accusations board to make it in a proper board, there are a lot of users there that can help you in solitude. And if you ever communicated with their other official accounts, be careful not giving them any form of payment because you are just talking and appealing for your account, there should be no money or identification (with all those hurdles you have been through) involved.

Too late to wallow in regrets, we all did not know that it will come this far, hypes and speculations are mixed altogether so we have a hard time from sifting through what is right and wrong, also worth mentioning that FUDs were a prevalent threat to bitcoin as it was still a little known technology back then. Every time is the right time to buy bitcoin, the next thing to do is to wait.

If you do not want to tax your bitcoin when you exchange it, try looking for P2P exchanges or sell it to someone in cold hard cash. AFAIK if you sell it physically I think that no one will be taxed since you and the buyer does not have an in between in your transaction. What I do not get is that if it is not a huge amount then why still tax it right? There should be a threshold where this X amount of bitcoin is not taxed.

Its not like Grayscale own a lot of bitcoins than the individual investors, as long as traders are selling their coins to get a profit, prices will go down no matter what happens. People always complain about the price of bitcoin going down when in fact, this price points in the market didn't even cross to the mind of many people back then, that is why there is FUD here and there. Realizing that bitcoin has gone this far is enough for me to believe that this is just a temporary down.

That is what you get when younger generations elect the older generation to lead the country that they are living in, they would need to catch up to speed if they want to learn something new. 4 years will not be enough to undo all of the damage.
Have to say that it is already dead, proponents of privacy have long been gone and the remaining ones are living on the mercy of the people that still value their privacy. I already accepted that my data has been sold to companies around to world to bombard me with ads, the only way to be a private person is to live off the grid. The government does not watch all those things but they are gathering it nonetheless to help them in the future in the case that they need to profile you, if they were to watch those, I feel like we should have seen a rise in the cases of cyber extortion.

USA was never privacy friendly in the first place, remember Edward Snowden, Julian Assange, Gary Webb and other journalists and whistleblowers killed by CIA. We are living in a dystopian future and the media is feeding us the lies that this is the utopia that we have been longing for.

That seems to be the case for anything we do in our life anyway. Good thing you translated what OP has said because I do not want to try to decipher the words that OP is saying. Regarding choices and decisions, it does not completely depend on only one thing, you can leave the cryptocurrency community to pursue an endeavor that you think is better and more secure for you.

If this is a recent development that has not yet affected the prices at the moment, I think that we will be reaching another ATH in no time. With more and more people getting exposed to bitcoin thanks to Skybridge, there will come a time when people born from bankers money will start investing in too. Hopefully, this will not be the end of institutional investor onslaught in bitcoin market.

US business have been in the comfort far too long, those wage raise are needed, if they are planning on increasing the taxes then they should make the wages a little bit higher, it is not a question of whether this will hurt business, it is a question of when will this abuse of labor will end, you know how tipping in restaurant services is almost a norm in the US? That is because they want to cover up the fact that they underpay their workers and abuse their labor by paying an unlivable wage for longer hours.
I do not know much about US Politics as I am not living there but one thing that I know and hopefully everyone that has reach the age of reason and rationality is that politician's promise is nothing more than just words.
I won't say that this question is stupid but this is actually a good question to be honest. My theory is if there are more money for this workers to spare, I think that they will be considering saving money or investing but with the coming administration trying to put a short leash on bitcoin, I think that it will be difficult to get a definite answer.
If the wages are made to be livable, I think that productivity will increase which is good for business because you will be able to get more product output into the market if you have a productive staff and laborers, look at Dan Price, with his company having a good wages for his workers, the productivity increased which in turn made a good profit for company. The only people who will consider increasing the wages of their workers will cost them profits are the greedy capitalist of USA, like Bezos and other uber rich businesses.