As there's no limit on the bitcoin price, similarly there's no limit to the bitcoin fees as well. Also there's no way to predict. You can check the mempool to see the current bitcoin fees.

Lightening network is a solution to it for sure. But it's a sidechain. If the bitcoin fees becomes higher than ever, it will somewhat affect the LN as well. Because LN also broadcasts the transactions in bulk. The Ordinals need to stopped once and for all.

Yes! You have a point! It's all about freedom without any Central authority. People get to do whatever crap they want but in a real world, it should not affect others.

With all these NFT thing, ETH users are still suffering with high fees and Bitcoin users have started suffering. If the freedom is affecting others, that's not a good freedom and needs to be stopped. But yes, you have a point!

Ah! Crap! Not anymore! I am sure majority of the bitcoin users do not want to see such craps coming into the Bitcoin network. You have matic network, ETH network to do all these nonsense activities. It will be great if Bitcoin network can be kept ordinal free.

Also, all the best to the investors of 7.5 Million USD who still believes in NFT. Lol!

Number of countries doesn't really make any difference to the approach. The target here is to have the biggest economist of the world into this information sharing agreement. If some small economics are not in this list, it doesn't impact anything.

China and Hong Kong are out of the list because of some of some obvious reasons. But as long as you have the big economics sharing information with each other, the goal is fulfilled.

It's encouraging for sure! Especially in the world where multiple countries are still confused about cryptocurrency, France is showing the way. I wonder if the other countries will consider having a legal framework around Bitcoin. It will not only help the government to get more taxes but also open new ways for job creation. The benefits are multifold.

The issue with not having a legal framework is that the scammers become active in this space and misguide people in the name of cryptocurrency investment.

I do not think anything when something comes from the analysts of JPM. They are following the footsteps of Jamie Dimon who is a known hater of Bitcoin. Jamie has tried to spread negative sentiment about Bitcoin multiple times in the past. Now he is trying to do it through their analyst team. But the funny part is that, the crypto market has stopped responding to whatever they say.

So I will suggest to stop thinking about it. JMP is expected to deliver negative analysis and negative statement about Bitcoin as it is their agenda. But as a sensible person, we should stop talking about those negative things. Chill and invest!  

I am sure that satoshi nakamoto did not expect mainstream adoption of bitcoin. Otherwise he would have kept an option to increase the block size.

Also if I can go back to Mr. Nakamoto, I would ask how can we stop this ordinals madness. These are really causing great pain to the regular Bitcoin users and it needs to stop asap.

Do not make Asia synonymous with Muslim countries. I know some Muslim countries are definitely trying to boycott Israel's products but the majority of Asia is different than them. So editing your thread will help to be on the point.

HAMAS has gone into a suicide mission and the price is being paid by those who has no relation with the war. This is very much unfortunate but looking at Israel's mood, it's not going to stop anytime soon. If Iran tries to become the big daddy of the Middle East, they will be screwed by US.

Such kind of product boycott will keep on happening. But the majority of the world stands with Israel. So I do not see a big impact here. Some countries will definitely try to curb their usage of Israel's products but they are only a minority.

That's something can't be done without insider support. People can obviously found wallets holding millions of dollars, but they can't find the person associated with that wallet unless the owner is openly talking about it or someone internal helped the criminals to identify the person. This incident should prompt CZ to start with an internal inquiry and fix the loopholes in his own system. Not having a great feeling about this incident. It's great that majority of the stolen funds are frozen now.

I have a very simple explanation for OP. You go to your neighbors house and rob all money from him, it's a crime. Now IRS goes to your neighbor's house and took all money from him complaining that he is a tax defaulter. For your neighbor, he lost all his money. But the situation changes on who has robbed him! So if anything is done by the government, it's never illegal because they setup the law.

So you will always have such issues with the banking system. Banks will try to freeze your account for any reason. banks very well understand that cryptocurrency is a system that can put their existence at risk. So Banks will fight back, they will do things not favorable for crypto users. And it is not limited to any country, rather it's an international issue.

If it's an one time cash transfer to revive the internal demand, then it should be fine! But it must not become recurring. Because of people start getting recurring payment from government without any effort, their economy will go into hyper inflation. This is what happened to Venezuela.

One time transfer is good because it will start circulating in the market. Might give a boost to the economy by increasing demand. But this money should not get deposited to the bank's. Thai government should be very careful about it.

People loose money out of greed. That's what has happened here! That fellow solely focused on getting profit instead of knowing about Bitcoin. Hackers and scammers always look for such people who has money and gets excited about profit. Probably you could have helped that person when he came around to ask for it.

I do not prefer providing unsolicited information to anyone. But if someone asks questions about things I know, I usually provide them with information. That's what we should be doing.

Bitcoin or other cryptocurrencies are just a method of payment. Terrorism used to exist even before Bitcoin came into existence. Money laundering used to happen even before cryptocurrencies came into existence. So if someone is saying that cryptocurrency is bad because it aids in crime we just need to ignore that person.

These are the tools which are used by both good and bad people. There is no way for the cryptocurrency itself to control its usage. It's the job of the regulatory and enforcement agencies to curb the illegal usage of any tool.

It's a really good thing for the crypto community of India. the reputation of cryptocurrency in India is really low due to all the negative publicities by the bank's. Also whatever global hacking incidence are happening, those are also getting publicised by the media keeping cryptocurrency in bad light.

So if the police force is able to track down the crypto criminals effectively. The usage of cryptocurrency for illegal means should get reduced. All we want is a good reputation of cryptocurrency in India.

It is more of a CBDC they are creating. Just having a block chain doesn't make any currency a cryptocurrency. The main feature of a cryptocurrency is its anonymity and decentralization. The Swiss currency is definitely not going to be decentralized. So it's a government issued digital currency you can say.

Criptocurrency is something different so let's not confused between Fiat and cryptocurrency. No matter what Swiss government is doing, they won't be creating a cryptocurrency even if they like to call it a cryptocurrency.

No! I don't see Dogecoin reaching $1 ever in the future. It has a huge amount of supply which is not really suitable for that coin to reach this price point, especially when there is zero utility.

Elon Musk is a crypto gambler. He made millions by manipulating the crypto crowd and we are still speaking whether this coin will ever reach $1 or not. It is just not possible.

Being rich is not only having money in your bank. It's a mind set. Have you ever seen MJ shopping in Las Vegas. Watch the video,

https://youtu.be/HRnCX-8hA4A?si=aP1cXRIuOU2DA7gb

This will tell you what the rich mindset is! It's not about only money!

That's exactly it is! Any form of NFT is disaster for any legit crypto network. We have seen the madness in ETH and now we are seeing it in Bitcoin. Is there a way to ban this nonsense entirely from Bitcoin network? Due to this high fees, Bitcoin is slowly becoming outdated compared to the innovation that are happening in mainstream financial world. Bitcoin transactions are becoming expensive to an extent where it is becoming irrelevant and if not solved immediately, might become irrelevant as a payment processor. It will then remain as an investment asset only!

I do agree with you. India has the possibility to become a financial super power. But the political system and the bureaucracy is slowing us down. A lot of things need to be sorted but we are on the right track. Things are improving, slowly but surely.

If the current government stays in power for next couple of years, I personally won't be surprised if India becomes an economy of  5 trillion dollars. We are on the right track.

This is very much possible! Becoming a financial superpower is not a distant dream for India and it's very much on its way. The only challenge is beaurocray and red tape protocols that has become a mainstream system in India. If India is able to remove bureaucratic road blocks and the work culture of the government, it might as well become a military superpower along with financial prowess.

India has been a huge provider of quality human resources to the rest of the world for many years. If those quality human resources can be used for India's progress, that will become a blessing for the growth of India.

But this is just a possibility and we have many roadblocks to remove.