This regulation news instead of planned ban will increase the volume of the general market and bitcoin will fly this year. During February that the draft document will be out, we can be sure of a bull volatility. However I can't put my fingers on the reason Russia is making this step at this time.

Inflation is bad for low income earners and the artisan because they hardly have enough to feed, the little to feed with is being inflated leaving them on hardship. The government don't really have anything to lose as they benefit from budget and project from bribes that they don't depend on salary they get. It is really hard times in the world and majority of the people are on the poverty line. What makes the situation worse is that unemployment is rising daily.

I think for exchanges that want to do some tracking incase there is an issue either between customers, then it can be nice to confirm wallet where it is originating from or actual  destination but if not for verification purpose I don't think the identity of the person behind it address can be revealed because bitcoin is still anonymous system .

Well not yet so . I do not see the news as an express adoption of bitcoin in Russia. Putin just made a statement that perhaps would not allow a ban or restriction to cryptocurrency but not a pass like e El Salvador did. The status is not that it would make bitcoin illegal like the banks initially wanted. At it is I think CBDC will be a way to start for Russia so they can handle other political challenges bedevilling them at the moment.

Many people have made that mistake not only Wikipedia. What of the guy that sold bitcoin for pizza  Today many still regret some coins that they sold off untimely and the coins now doing well. Some altcoins like Ethereum, binance, litecoin may have left the hands of people at a time they were very cheap. Facebook rejected cryptocurrency ads but won't be surprised what will happen for tomorrow. Change is that constant part of life. Yes we have to treat people better, that's the lesson.

This kind of hack is looking suspicious. I hope the IT industry and guys in there are not involved in such fraud. This is not a system collapse but an act probably in collaboration to disclose information. Well at the maintain we still hang on to see what this is all about. Europe for now have been on a little confusion with Russia threat to Ukraine and US giving support to Ukraine.

The only thing be say some small liver people just dey cast the btc thing more becos say govt com put eyes on top am. Dem also dey cast am say you see the price don fall and som wey invest dey cry but na dem no. If you know you know. The tin wey I believ be say if you no like something you no go talk gud abt am. Ban or no ban, pple still dey advertise am 4 radio & govt neva go afta dem.


@ Ripe_berry , we hala you. But u no gas say tins with mouth open like that (I believ you fit get where I dey go). Wall dey hear word. Na wayo wayo u go dey go. Make I open dor 4 u make e for no loss.

It has all been said well. There are many corruption holes that has not been covered and government officials are still taking what belongs to the public. Blockchain can reduce these loop holes to a level that corruption will become a difficult thing in the system but the challenge is those that are looked on to for such policies will not do a progressive thing for the public because they benefit from that area.

The factors you have mentioned are definitely part of the reason for whatever increase but my wonder is government being the culprit of inflation will not stop at nothing to increase charges also. These increases including Vat cause severe hardship on the people and keep bringing the economy down.


Lol these days nothing goes up that comes down. The law of gravity does not operate now with the economic challenges.

Freedom from exposure of privacy is the advantage bitcoin have over fiat. That is a major purpose of bitcoin over fiat or CBDC. It is decentralised and can be used without restriction.


No is not true. Before cryptocurrency, people have done other businesses and have made money from it, there is real estate investment and people are going into it. The thing about cryptocurrency is that it gives larger opportunity for more people to enter into wealth taking not that it is the only big chance.

How do you mean that . For yesterday's match, the Egyptian keeper did a marvelous goal keeping to safe all the attempts made by Senegalese side, he prevented to score even the hot penalty kick by mane. He deserve the award given to him honestly because he was outstanding in the Egyptian team that couldn't locate their bearing including Salah.

Cudos to the Senegal side for a wonderful outstanding and crawning it with the winner of Afcon for the first time. I saw Salah really not happy with the defeat from his team mate side

Moreover, did anybody notice Salah telling the keeper something in the ear before mane played the penalty that was pointed out by the keeper ?

Could it be that Salah told the keeper the likely direction his team mate (mane) would shoot to ?

Yes no matter how you want to look at it , if the world is still existing everyone won't get poor and rich at the same time. Inflation will favour certain people and get some poorer because they can not be able to meet up with spending or lavish spending. Those that are involved in cryptocurrency and businesses that interact with currency won't feel the negative impact of inflation because they also benefit from it as they do the business. Also government policies do favour some people while others suffer from it but life goes on, a patient person will wait for their turn. So it varies , the people that inflation favour are those spending lavishly and they are few compared to the large majority suffering.

It depends on your country actually as other contributors have said and not only that, it may also depend on you. Maybe you have not observed very well and you are thinking that is the situation or it may be you have run out of liquidity and thinking others have too. But maybe it is just what you noticed at a particular moment that you observed and thinking that is what is happening. If it is just for few hours or some days may not mean your country has gone bankrupt. Or is there war in your country ?

Given that things are very difficult and standard of living is falling in our eyes in almost all countries but I'm yet to see what will cause buying and selling to stop if not war.

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It is no need to hype a token or yourself when you don't provide link to road map for checks to be done on your boost. Do the needful first for the performance to judge. Where is exchange for the launch or is it still in development stage? It is not giving verbal information without directing users to better information.

I hope hindering that you mean is giving the adoption a slow pace and that is what I think can happen for those countries banning or making such bars around bitcoin. In real fact it will be difficult for a stop in bitcoin. It has stayed above 10 years despite the challenges and yet it kept moving beating ATH

The use of blockchain itself is a recognition of the technology which means China is beginning to drop it myopic thinking and fight against bitcoin. Soon it will welcome bitcoin and use the blockchain as well. IMO I already see it as a positive adoption news whether partial no matter how it appears. In 2017 China displayed a ban on the technology and if they have started welcoming it using blockchain, that is a good thinking because it will benefit there economy through the mining etc.

These are the main reason for hodling shit and meme coins. It is luck based not about real value and hodling for longer time. Meme coins are cheaper and you get millions of unit with few dollars. The ROI is expectedly higher if lucky on the investment.


Is not only with newbies because experienced people also invest in it. Is about how to make profit fast and get off the hook. So not just the business of newbies.

I pick the analogy you are trying to picture using the Nokia Windows phone and Android and now Nokia is trying to play a catch up game to the global world but Nokia will catch up with the backing of Microsoft and the brand . And likewise the country that are banning cryptocurrency will try to catch up when they realise their mistake. The time will come when citizen of countries that have been banning bitcoin will begin to complain because they may not get same financial freedom that their counterparts have. It is a matter of time because the world is a global village.