And then what? If you don't spend your savings at the moment you'll need to invest them in something anyway. If you invest in fiat then you invest in inflationary asset that will become cheaper with nearly 100% guarantee. And if you want to spend it is usually good to get what you need when you have enough money for that as our life in this planet is  not eternal. I consider that holding at least part of savings I have no plans on in the nearest future in bitcoin is not a bad idea. Of course to diversify can be not a bad idea also. And if to hold in bitcoins it is good to have patience.

Tax rates are important for business but aren't on first place. Stable rules and fair court mean much more. And it takes lot of time to gain business confidence. El Salvador is on the right way but I don't think that corporations will rush with their decisions of relocating headquarters somewhere. In the same time I think that Bitcoin city project if right organized can attract some corporations to open local branches to grab their piece of the pie. I'm sure many are following the situation in El Salvador in this vein.

It is hard for me to imagine how will economy look like when it will be based on bitcoin ideas. It is not just about money transfer and payment processing, it is about a totally different economy system. Modern finance is based on inflation: everything becomes more expensive with time and that's why it is interesting to get a loan to start a business. Deflationary system will make loans less attractive. It will impact everything. And it will take time to find new solutions for a new system. I'm not hurry, IMO it is better to wait and get a soft transformation than to rush and crash everything.

What if something new and more progressive will be invented? We never know. If someone asked me 15 years ago if a currency you can mint with your PC will become something valuable I'd say definitely not. And now we see that bitcoin proved that it is valuable. Some new invention can be created in the future and replace bitcoin like bitcoin is slowly replacing fiat currencies now. I believe in science and human imagination so I think that something even better than bitcoin will appear.

And we respect everyone's choice: if people know about bitcoin and its benefits but still don't want to use it it's okay. All crypto including bitcoin stays risky anyway and many people lose because they don't understand that sometimes it is good just to hold and wait. So motivating people who can still lose is not our mission, we can just tell about bitcoin and why is it beneficial and how not to lose with it in general case, and the final choice is on them.

Chipmixer was closed about a week ago, about 2k bitcoins were confiscated. So bitcoins can be confiscated. It's not as easy as with fiat, but possible. So it is important to remember that protecting our private keys and seed phrases is on us only and we should be very cautious and careful. If no one knows we have some satoshies we are safer than if everyone can get access to our data and hardware. If it is hard to seize bitcoin it doesn't mean that it is impossible, and example of Chipmixer is not the only one.

It is not just the matter of time, bitcoins technical part should be developed as well. We can use it just because there is not so many transactions in its blockchain and there is some outer decisions like LN. Until bitcoin network bandwidth will become at least as huge as major payment-processing systems like Visa or MasterCard we hardly can expect it will become a mainstream payment system. And it looks like it will take time for programmers to find a solution which will be supported by bitcoin community for solving a scalability problem. So awareness about bitcoin and its development both need some time to beat their best.

If you compare modern bank system and bitcoin in terms of usability I'd say that bank system is much more comfortable. So I don't think that CBDC can change an attitude to bitcoin. Main feature of bitcoin is not its usability, it's about control over own money what is based on decentralization. If you trust your money to bank they get a control over it. The only difference for CBDC is that you trust control over your money not to a commercial bank and then to government but to government directly, but they'll still decide if you can operate your savings. Those who understand what bitcoin is will never refuse bitcoin  in favor of CBDC.

Oh, when we talk about newly backed altcoin it is really risky and we should follow the situation. And charts are not the main thing we should focus on: community activity, work of programmers, work of marketing team and multiple other parameters are important to make a decision of to hold or to sell as fast as possible. If an asset looks like prospective then it is good to hold: we can lose anyway, but if we diversify investments those ones which will succeed will give enough profit to cover losses. So learning about the projects we invest is most important to calmly hodl their tokens.

Председатель Комитета Госдумы по финансовому рынку Анатолий Аксаков, конечно, не ЦБ, но тоже хочет защитить россиян от ужасно волатильного биткойна, у которого «нет будущего», в отличие от прекрасных ЦФА, которые будут обеспечены «рублём, природными ресурсами и потенциалом крупных компаний». Он прогнозирует, что уже в этом году мы увидим бум ЦФА.

Разумеется. Там же огромное количество денег увели, так что вряд ли всё быстро успокоится. Возможно, как и во многих подобных крупных делах, мы ещё узнаем, что фигуранты по OneCoin окажутся замешаны и в каких-то других громких делах последнего времени. Это же огромная разветвлённая структура была. Может, конечно, мы и не узнаем, куда подевалась большая часть денег, но я бы ожидал, что какие-то следы ещё будут то тут, то там встречаться.

Well, okay. We have several hundred bucks notes, why shouldn't we consider them as an investment if we have no plans of immediate spending? Even if something is fiat money it can be an investment asset as well. Bitcoin is money, bitcoin is a financial system and for some bitcoin can easily be an investment asset also. If you can crack nuts with a microscope then that microscope becomes a nutcracker even if it is not the most rational idea of its usage.

Working with ourselves' mood is very important. It is better to remember that you haven't lost anything until you sold your asset. If it is not a trash asset you still have it even if its charts show negative trends. Moreover you have the same amount of the same asset. It is not easy to assure ourselves is such things because they don't look like obvious, but we should, because otherwise health problems can cover the positive effect of investing. If it is still too painful maybe we should invest less so it becomes less important if the charts go down.

Bitcoin is volatile at the moment but it will become more stable in the future. Future hasn't come yet, but old fiat system hasn't crashed yet as well. So it is not the thing we can expect right now so we are trying to predict if it is possible basing on trends we can see now. And I'd say that in the future I can see from now fiat system will stay for long, but decentralized currency alternative will slowly change a finance world and there will be a totally different financial system in the future. But I'm not sure how will it look like as I expect that many of nowadays tools will be gone and some new will be invented.

Each piece of a puzzle is important and when we talk about bitcoin adoption then investors and traders are valuable as well. But expecting more than possible is not a good idea, majority will hardly lose confidence in traditional finance if they didn't do it up to now. Maybe some part (and each is important), but not a majority. So it will take time for bitcoin to be adopted really wide, but opportunities it gives are not only available for those who directly use it. Being an alternative bitcoin makes traditional finance system work harder to compete for clients, and it makes even an old system a little better for all. Maybe this will not help those ones who don't use bitcoin in the time of crisis but is works in a quiet time at least.

Why should it be so? Doesn't matter which are rates of bitcoin to any fiat currency, 1 BTC stays 1 BTC. It doesn't lose or acquire qualities depending on which amount of USD can you exchange 1 BTC. So bitcoin can be crashed only in two cases: if everyone will distrust it (I can hardly imagine that) or if there will be found some significant technical bug (very low probability). Otherwise it will withstand nearly any problems, including rates lowering. Bitcoin is a decentralized financial system by itself, it can work even without fiat in the world at all.

It is what we hope on but it is not guaranteed. No one knows which will be bitcoin rates to fiat currencies when it will lose most of its volatility. We hope that it will be more costly than today but there is a minor probability that it will be cheaper. I'm sure bitcoin will never lose all its value (if no unexpected technical bug) until money lose the same sense as today, but I'm not so sure that it will continue growing up significantly all the time. Someday it will become rather stable and no one knows when.

"Understanding the position of the market" is the hardest thing in trading. If someone will find a way of such understanding he'll earn everything in the market. If no one done this before then we can suppose that there's no one who can clearly understand the market all the time. So losses are inevitable and traders make a hard research using different types of analysis to decrease them. And as for me, I'm not sure where the market is planning to go. If you understand the market good it is a good time for making a choice. As for me, I prefer to wait this time.

Everything can have sense. If they have a good job with a good income, if they have some good investments which are not good to sell at the moment and they want to take a loan for leisure at the moment then why not? If they can afford that I think it is their business how they deal with their finance.

So finding a sense in a purpose of a loan is not a problem, the problem is when a loan is taken without understanding of how to pay the debt. And the reason of such a reckless loan is not always so important. Of course if you need to save life or health it can be a good reason, but in most other cases we should think about paying the debt before taking a loan.

Why not? We know that there are professional traders and professional investors, why they can't consider that their activity is a job if it is? It depends only on results, right? If someone does it good and has a good profit which is not less than at some other work then it is a job. And if we talk about time than usually professional investing takes at least not less time than other jobs. So expectation that investing will free up time for other activities will hardly be realized: investor should work hard to not to lose.