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Another group of countries joined the "Dollar Dumping Party". These are about a dozen countries in South East Asia in an economic union called The Association of Southeast Asian Nations (ASEAN) that came to an agreement amongst themselves to dump dollar in all the trades that takes place in this union. That is 8.5% of the world population.
What makes this one interesting is the countries in this bloc such as Philippines and Vietnam and some others that are not known for doing anything "against US wishes"...

This terrorist organization is already falling apart from inside, there is nothing they can do to prevent that anymore. They never looked for peace either, just recently they had the audacity to claim Jordan is theirs and has to be taken.

That is already under way and funny thing is that US caused it
For example Iraq recently switched to using Yuan because US kept blocking their money after they sold their energy using dollar because they were demanding that US ends its illegal occupation of their country. Now they are using Yuan and their money is no longer blocked/stolen by US regime.

One of the reasons why countries default is because of how US keeps exporting its inflation abroad and manipulates the interest rates to keep dollar strong. Suddenly we have countries that have had their national currency dumped against dollar (because of US exported inflation) that have to pay a lot more than what they'd borrowed.

Abandoning US dollar solves that too, when dollar crashes you'd pay 0.1 Rupee (or even less) for a dollar instead of 283

When spending bitcoins we aren't only verifying a hash. Each coin that is sent and spent is using a smart contract or in other words a locking and unlocking mechanism that is a series of "operations" that all need to pass for the coins to be spendable. Only a puzzle transaction made for fun would use a OP_HASH OP_EQUALVERIFY alone, all other "contracts" use a mandatory signature verification OP. If you can find a way to produce a signature for that public key, then you'd be able to spend those coins.

This is not a flaw, this is how cryptography is designed. You can't find private key of a randomly generated public key just as you can't find a collision for either SHA256 or RIPEMD160 and we are very far from the day that it becomes feasible.

What I said before is starting to come true, a large number of Americans have been pulling their money out of the banks. So far hundreds of billions of dollars have been pulled out. Very few of those who make a withdrawal would put it in their mattress! Majority of them would try to invest into something specially since dedollarisation is expanding to more countries and the threat of dollar collapsing is more serious now; obviously one of the very viable options is bitcoin.
Hence the SEC fear and their subsequent warning...

Normal people have different attitude towards the Ordinals Attack that range from negative to saying "whatever" but when you see someone is passionately defending something that is clearly a malicious attack and does that by spreading misinformation about it, you have to know something is wrong. When knowing their background and their involvement in running multiple similar scams both on token platforms and bitcoin blockchain, everything starts to make more sense...

You are just playing with words and bending the truths. The abuse of the system is not an arbitrary opinion. In fact the Ordinals abusive behavior is pretty clear since it is turning bitcoin (aka a payment system) and its blockchain (aka a ledger to store monetary transactions) into a cloud storage. As abuses go, it doesn't get any clearer than this!

As for the protocol, it is left "loose" in some places so that it can be extended but always within the same utility category that Bitcoin is supposed to offer, not to turn Bitcoin into something else like cloud storage!

Their alternative would be setting up a website that would publicly accept transactions that majority of full nodes rejected. Apart from the fact that it would make them pariahs, the miners aren't known for doing such things, they are too scared of producing an invalid block and losing money. Look at how long it took to mine a simple non-standard transaction that was using uncompressed public key in its version 0 witness program, just because they were scared of losing revenue.

That is an inaccurate or incomplete definition. Mining is about constructing a new block in the chain and setting the header in a way that this 80-byte construct has a specific hash lower than the target.
In each block header there are 5 fields: version, previous block header hash, merkle root hash, block time, target, nonce. From these fields the previous hash and target are fixed while the rest are variables with version and time having some limits. As I said the miner finds a combination of these that has the desired hash. For example by changing the transactions in the block or their orders the miner can change the merkle root hash hence change the header hash.

You are getting some terminology wrong, blocks contain transactions not some data about them. Also nonce is a 32-bit integer not a code.

Well price isn't "high" now. It is barely above the previous ATH, about 30% above whereas in every previous cycle price were at least 900% above that previous ATH (ie at $200k).

As for my take on the current price and the market, I still think the demand is increasing every day specially as the banking system fail and the inflation grows since people are losing their faith in the corrupt monetary system and want something that can act as a hedge against inflation.
But the problem is that at the same time we have recession in most countries that are mainly defined in the Western Bloc and in recession people liquidate their assets and are not capable of making more investments.

The combination of these two forces is creating this weird market where price shows all kinds of rising signals and yet it only goes up a little.

You are looking at trading volume, that's misleading.
The number that CMC and similar sites report (like 500k per day) is total trading volume and it is usually trading volume of all pairs involving bitcoin not bitcoin against fiat only. Bitcoin/Fiat pair has the most effect on price, Bitcoin/StableShitcoins has less effect and Bitcoin/Altcoins has no effect. As an example the volume on Coinbase in the past 24 hours and was about 18k bitcoins.

Trading volume also doesn't completely show demand so it is not the most accurate thing to look at when analyzing "new sell pressure". For example people buying and selling the same coins in a tight price space makes up a lot of volume but they can not and will not resist sell pressures.

900BTC sold per day may not be significant but it is in no way negligible. It indeed has an effect on the market. After all we are talking about $24 million per day, in other words on average people have to inject NEW $24 million into the market every day, and that's just to keep the price the same as before.

Referring to the Ordinals Attack as a "meme spam" is diminishing the attack and is very misleading. The Ordinals is not an attack because they are injecting "memes" into the blockchain, it is a spam because bitcoin blockchain is not a cloud storage service.

In other words even if they were publishing something like the cure for cancer on bitcoin blockchain using Ordinals Attack method, it still would have been a malicious attack.

What is more interesting is that all these "traditional investors" are actually trading "virtual" assets, from the stock market to gold market they are buying and selling virtually. None of the gold investors actually have any physical gold stored in their homes, they either have some virtual numbers on a computer called gold or a piece of paper representing the gold they supposedly own.
Meanwhile bitcoin is real and when you own it you actually own bitcoin!

The "code" doesn't care. It only handles scripts and in a P2PKH script for example it only cares that the top stack element has a HASH160 that is equal to what is found in the scriptpub and the two top stack items are a valid signature and public key duo in that transaction. If more than one public key can satisfy these conditions, then more than one public key can be used to spend those coins.

Bitcoin doesn't need to add more features to be useful, it is already useful enough. Besides the token creation nonsense is not a new thing. The discussions started many years ago possibly in 2012-2013 and in fact scammers like Butterin were also part of that argument and failed to convince anybody that Bitcoin needs to expand its smart contracts to allow token creation so he created the scam project called ethereum. To this day things haven't changed, Bitcoin does not have the token/NFT creation capabilities and it doesn't need them.

To be fair the adoption grew by a lot during 2017 where price reached $20k. But I get your point, if we see the block reward as the sell pressure where the newly generated coins enter circulation and some are sold on the market, after halving that sell pressure is significantly reduced  hence making it easier for the price to rise.
So we could see halving as something that paves the way for the bigger rises.

The simple fact that it is called "NFT" while it is not NFT and not even a token, should answer your question that this is a scam. This is basically an attack that is created to turn bitcoin blockchain into a cloud storage and effectively making it unusable as a "peer to peer digital cash".

Otherwise they could have created the same system on a side-chain that would have also been a lot cheaper than using bitcoin mainnet and abusing Taproot scripts. Which is another reason why Ordinals is malicious.

William Ruto, the president of Kenya gave an interesting speech recently. In his speech he pointed out that his country is going to stop using dollar to import fuel (basically an arrow at the heart of Petrodollar) and he also pointed out the deals with the oil producers (like Arabs) to stop using dollar. But that's not the interesting part of his speech.

The interesting part was that he somewhat approved a rumor that has been going around for some time. He literary warned his people to avoid dollar as it is about to dump hard in a couple of weeks. The rumor that this warning seems to approve is that "142 countries have came to an agreement behind the scene to dump dollar at the same time and refuse to accept it as payment". They even have a name for it: Operation Sandman.

The following weeks are going to be very interesting if this rumor is true.

US is one bad decision after the other in the past ~70 years after WWII. The last straw was the Bush decision that led to wasting of $10 trillion in West Asia that is the main reason why US economy is falling apart today.
After US escaped Afghanistan there was some small hope for changing those stupid decisions but it turned out that it was also a stupid decision since the rest of the US forces in West Asia still remain and CENTCOM is still hemorrhaging money. For example over the past couple of days at least 5 of those bases were bombed into oblivion, that is tens of millions of dollars vaporized on daily basis.
Domestically the regime is messing up too, with constant money printing and banking system that keeps collapsing. When looking at the infrastructure in US, it is all decrepit and is falling apart too which requires massive investment to fix. From the trains that keep derailing to everything else that is falling apart!

Exactly.
That should be the biggest concern of every country but unfortunately some are caught between a terrible choice (US) and a less terrible choice (China) so they choose China. In ten years from now we could see China do the same thing US is doing now.

Maybe, but the world also has no other choice. They either have to accept massive inflation that they endure because of US constant money printing to dump dollar.

Speaking of problems for Europe, the protests across Europe are getting worse specifically in France where the new retirement rules was the last straw that broke the camel's back. Some stats are putting the number of protesters at 3.5 million with dozens killed, and thousands wounded and maimed in these protests because of the police brutality. Of course the official stats only talk about the 441 police officers that were injured.

Like always this statement is 100% correct about altcoins (crypto) and 100% wrong about bitcoin.

In any case the US and consequently dollar hegemony is threatened as dedollarisation is spreading across the globe and USD gets weaker and the SEC is afraid that more people are going to choose bitcoin as an escape from the sinking ship called dollar. Hence they try to discourage at least some of the people who are fleeing...

That is a possibility too although US is already too late to the CBDC nonsense game and I don't see how that could be able to compete with the existing CBDCs while dollar itself is being abandoned.