Could be. If you think of it, an NTF does make sense for many games in which you have in-game items that are unique or have a limited occurrence. Getting these does require either effort, a payment or both, so they actually do have some intrinsic value. However, the same could be said about tulip bulbs: you can actually use them to grow a tulip - which by the way will come out every year for a long time, so they do have an intrinsic value.

So when does the tulip mania start? When you are paying for something that you are not going to use, simply thinking that someone else will pay even more.

i think the object of his game is to figure out what the object of his game is.

If everything plays out well, Microstrategy will never sell all their coins,

but it's expected that they will be taking profits from time to time, what's the point of investing if you never sell? And if they will use Bitcoin directly to purchase something, it still counts as "sell".

Frankly, I would not be surprised if Tesla, Microstrategy, or even Grayscale sells at the end of this year, but the question can be determined where the top will be. Personally, I see that any target above $10,000 is considered a top and it is dangerous not to sell at that top, and therefore an 80% correction will lead us to the previous percentage. It is 20%, as the price has never been said below that level.

Generally, the higher the price above $10,000, the higher the probability of an 80% correction.

i think youre missing the whole point of proudhons game.

Not "consumers" but "traders". The tax is also targeting the profit that the traders are making from trading cryptocurrencies, some of which is massive amount of profit which paying a high tax on it won't even bother the profit maker.

Other than that Japan has 0% tax on bitcoin payments. In other words a merchant or a customer who are using bitcoin for payment pay no taxes whatsoever while they have to pay taxes if they accept fiat.

Yes but my point was that no state should force Fiat on anyone either, that's what they do and I don't see many people complaining about it. I don't see people using the Fiat for its "merits" either, apart from the fact that this is what is accepted as payment.

No, you didn't.

Besides, it seems to me that protests will be closely linked to the price. If it goes up a lot, no one will protest, as soon as there is a drop, there will probably be protests again. It shouldn't be like that, and Bitcoin should be valued for its intrinsic properties but it seems to me that's what's going to happen.

To be precise, you need to confirm 2 transaction. But IOTA community often refer it as PoW since it took few seconds to minutes (depending on decice you use). The goal of PoW on Bitcoin and IOTA quite different, where PoW on IOTA is designed to prevent/reduce transaction spam.

For me, it's Binance, pretty easy to use and most of the mode of payments are available in my country so I guess that wrap things for me. Plus, it's the one that's used by many people in the crypto Facebook group that I'm in.

I don't agree with that. In every country in the world they force us to accept Fiat, they force us to pay taxes with Fiat, so for a country to do the same with Bitcoin seems great to me.

And the photo you put is a laugh, it is not the first one I see of "massive" protests and there's hardly a soul.

Correct me if Im wrong!

I am not sure if we will have that kind of money printing ever again. Don't get me wrong I am not saying that everything is alright now, there are still a lot of troubles in the world but I just do not believe that we are in a situation where it is as much of a problem as people think it is.

We are going out, sure we still have a mask on in many nations and states but we are going out, we stay in cafes and drink with friends, we eat outside, we shop outside, we go to work and basically we do everything we used to do except maybe we wear a mask while doing it that's it. This will make governments not give any money to people at all, they may still print money, just to give it to their rich friends but that's about it, they will not be able to convince themselves to give money to poor people ever again.

Haven't used other independent p2p platforms but I am a regular user of the binance p2p services. I trusted this platform more than any other service provider because of their established reputation in this industry. However, as far as I know, a lot are using the localbitcoins - https://localbitcoins.com/.