People must know how Bitcoin works in order to trust Bitcoin enough to start using it in their daily lives.
Would you ever invest your hard earned money into a project that has a vague and obscure business model and goals?I don't think so.With more transparency comes more trust.The "average Joe" isn't obligated to know absolutely everything about blockchain technology,cryptography,etc.He should be familiar with the basic fundamentals of Bitcoin.I truly believe that the fundamentals of Bitcoin are simple enough to be easily explained to uneducated people.

Coin Trader, do you have any estimate when the fees would go back to normal? How many days from now?

Lol! Porn industry has started experimenting with cryptocurrency quite a long time back. It's not only about the store of value but also about the privacy. I lot of people are not really comfortable in using their debit/credit card in purchasing their subscription because it will show on their statement. So it's really preferable for them to use cryptocurrency instead. I still remember, there was a platform called xotika.tv who had initiated such experiments with cryptocurrency!

Good for porn lovers!
 

I have seen bounty hunter doing well, I have also seen people who do not participate in bounty and are making it well with trading alone, but I have never seen anyone around me being involved in mining, I learnt mining is more risky and cannot just be done alone, and if you even attempt it probably with your android, you may end up wasting your time and not even making it as the traders and hunters. It tend to take a massive effort to be successful in mining, you need good electricity,good mining wallet, computer with good capacity, and some other gadgets. Considering all this, which of all the participation do you see as least demanding and easiest?

Great question. Any valid reply? 

Am i eligible in the signature campaign ?

maybe we are in the same country but the funny thing is that our views are different about government regulations, actually bitcoin is considered a commodity in my opinion and is illegal because at that time in Bali accepting payments using bitcoin while it collides with government regulations governing currency in force namely the rupiah currency

Let me give you the time line
In 2018- RBI banned bitcoin transactions from banking channels. Therefore even though bitcoin wasn't illegal exchanges can't open a bank account therefore were shut down. P2P was working
In 2019- government made a committee to know the shortcomings in cryptocurrency and therefore were considering to ban it (have not banned it are just considering to ban it)
In 2020- Supreme court of India lifted the ban of RBI and exchanges have reopened

Now once again there are speculations that it will be banned again. But it's Not yet banned it's just in consideration of being banned.

in my country trade is free, and it's not against the rules.
maybe in your country you can trade in a quiet way and without the knowledge of many people. this is in order to make you feel safe in trading

When Twitter accounts was hacked, many media outlets directed criticism of bitcoin, but after a while they were able to track where the currencies were sold, so using btc does not mean that they are safe, and no one will be able to know where they have transferred this money.
Do not worry about such news, we have become stronger than its impact, and BTC can be used for good and bad things.

I was just talking to my wife about this news as she used to work on BPO as well. And myself have some interactions with some employee in the Cebu area way back about IT related works so I was quite suprised that this wall pulled by some Cebuanos.

But this won't affect bitcoin though, this could probably in the news for sometime specially in Facebook and yeah it could affect the image of bitcoin again for Filipinos. But I doubt that the whole country will learn their lessons here, Filipinos easily forget this kind of negative press. And for Filipino crypto enthusiasts, they don't care about this news. They will just continue and go on with their lives and still be on the bitcoin bandwagon.

As we enter the digital realm due to the effects of COVID-19, the process of central banks phasing out physical cash from existence might take place soon. Before the outbreak, we've been accustomed in using credit/debit cards and contactless payments greatly eliminating the need for physical cash. Now that we're in a "COVID Era", things have accelerated quite a bit. Banks and governments are in talks of adopting CBDCs which could completely eliminate the need to pay for things with physical cash.

Now the real question is, how long will it take banks to start the transition from physical to digital cash (CBDC)? Do you think that physical cash will still be used right after governments adopt CBDCs in their entirety? Or will it take decades before every single person in the world stops transacting with physical cash, paving the way for a full-fledged cashless society? Your input will be greatly appreciated.

It will take some time probably if it will going to happen but for me fiat or the physical money should not be eradicated. It is good tha people could have a choice whether to use the physical money or not. The good thing of having the digital money is the ease of doing transactions while in physical money the ease of doing small business where still not accepting digital money and still uses the physical money. If all will be digital then there could be a lot of issues we will going to face and that includes the dependency of digital to which it will require network cnnection for onlinr transactions. Costly too because operations, maintenance of the equipment to be used will be added to the consumers.

Thousands of coins worth $$$$ had been lost due this kind of user's mistake at least software/wallet developers build for somewhat user friendly that will help to avoid this if possible.

1. The miners also earn from transaction fees and that can also get pretty big. Last block came with 1.5 BTC also in fees. https://sochain.com/block/BTC/645584
2. The miners unhappy with their earnings can stop and this will make the difficulty (and mining cost) drop for the remaining miners.

This together with the rising price of bitcoin should hopefully get to good "middle point" where everyone will be happy.
There's still a lot of time until then.

https://fortune.com/2020/08/27/bitcoin-mining-dcg-foundry-north-america-btc/

Barry Silbert made an announcement of an announcement yesterday. Guess this is it.

From reading this I didn't realise Bitmain's plans to mine in Texas had gone up in smoke. Hope this lot have done their sums.

Only thing that converting everything is the big concern at times because if at this point if market just say happens to fall then they end up in a loss. If its otherwise then it is fine and also I would have expected say 50% for now and rest in coming time can increase and make it bitcoin friendly or say 100% btc accepted and accordingly payment would also be done in btc to respective vendors.