“ To avoid serious social and political discontent, leading to unrest and ultimately sociopolitical breakdown, the authorities will have to burst the bitcoin bubble before its macroeconomic importance becomes much greater. The similarity with bank runs is rather clear. If none of, say, the ten biggest providers of liquidity to Lehman Brothers had withdrawn their funding, in all probability no-one else would have done so. If those ten withdrew their funding, in all probability everyone would do the same. Similarly, as the ratio of “illusory-wealth-to-potential-income” in the economy gets bigger and bigger, the temptation for someone to jump ship and be the first to use their assets to acquire real resources becomes greater and greater.”

“ The longer that central banks wait before taking action to prevent a swelling of cryptocurrency bubbles, the more difficult they will make their task. Bank of England governor Andrew Bailey has warned bitcoin “investors” that they risk losing all of their money. But if the bubble first gets much bigger, its bursting will have significant macroeconomic effects, as spending financed by borrowing against bitcoin “wealth” vanishes. Worse, devastating losses will be inflicted on speculators, among whom will be more and more ordinary households. The fact that they have been warned will not prevent potentially seismic reactions.

Central banks and regulators thus now have an unenviable choice. Presumably, they will not want to be blamed by crypto “investors” for a burst bubble. So they may hope that it subsides of its own accord, then regulate it out of existence. But if the bubble keeps growing, they must grasp the nettle and inflict losses now, or face a future sharp-elbowed scramble to convert crypto holdings into goods and services, which will produce hyperinflation and destroy society.”

Lmao. This is the nth time that someone has proclaimed BTC dead.

The truth is that there are probably just as many bitcoin holders in China right now who recognise the issue with the fiat monetary system and the central bank digital currency that the PBoC is trying to push out. Only regulated entities are going down.

A lot of miners and holders are unregulated, unregistered, and completely away from the prying eyes of the government no matter how hard they look - that's the beauty of a decentralised asset like BTC.

Of course, the policies of the government are based on the needs of the majority of the population, and I think the pros and cons there are still there, but it seems that all the people there must comply with government regulations. and I think there will be many advantages which will become a reference for bitcoiners to stop by, so that the prosperity of the country will increase

77% of the population do not consider it to be good decision to make bitcoin a legal tender there.

You are part of the team, NEAR project, right? Then, if you are promoting your project,
This might help you to find a way how your projects will run well and not just a scam. Because investors will consider and invest in your project or any projects if that is good-looking and promising.  

But this not only the basis if that particular project is worth to invest or it has a fortune. It should have a working product and from that, we exoect that this project will surely gain trust from the community.

Of the two, I would probably choose El Salvador more than China, remember how they cracked down on the miners in their country? That's not the characteristic of a country that we should call the home for bitcoin, it's quite the opposite because it's more a warzone for bitcoin or even cryptocurrencies in general. I think that if El Salvador delivers what they promised to do and did more than expected, probably some might consider giving that title.

It's not funny, it's a way to promote something of your own, but to attract an audience you have to tell them first what they want to hear, and when the co-founder of Apple says Bitcoin is "the most amazing mathematical miracle", people are thrilled and sure will take a look at his project. In other words, "Bitcoin is a miracle, but I have something even better."

By the way, Steve Wozniak has become known to the crypto community in 2018 when he fell for a cheap trick and lost as many as 7 BTC, which does not really portray him as an intelligent man - because if he had the attitude he has today, he would certainly have acted differently.

This ^^ is the part that tells that he indeed believes in crypto.

After this company was made, all his further public declarations on the matter are biased  
But I don't deny either that they do help  

Of course, there is a lot of luck in investing in anything, but persistent investing creates some of the luck in terms of if the investment ends up going up in the long run.   So, in some sense, if you do not have a lot of money to start with it is going to either take a long time or a lot of BTC price appreciation for you to either feel the effect or to become rich off of it, yet at the same time, you should be attempting to work with what you got rather than engaging in overly leveraging kinds of behaviors - and in that regard, bitcoin seems to continue to be one of the best investments out there in terms of considering both downside and upside risk and both downside and upside potential.

So a convincing definition of luck is where preparation meets opportunity.. so yeah, the idea of DCA investing is good, with a wee bit of front loading of the investment (if you can) combined with some levels of preparations to be able to buy on the dip, if the BTC price dips from here or if it ends up dipping at latter dates (presuming that it already went up and then dips at that point).

this sounds like proof of work without the work  

I think I'm going to agree with this. I've said it on another thread too; you can't make everyone agree upon such upgrade even if it's better for the sake of your privacy. Bitcoin was designed to be transparent and I'd continue running a node that supports transparency. If you don't like the way Bitcoin works, there are plenty of other altcoins built with a different purpose.

How would that increase the block size?