I wonder how long the platform will stay afloat until every token is purchased back. How would they ensure that nobody is abusing it by buying them cheaply from the P2P market or just hacking the smart contract? Seeing how they lost their money it doesn't give any confidence at all. It is really surprising how a platform that holds a hundred million dollars of money doesn't have a good security mechanism to protect its funds.

I believe the key reason is that they don't want to get into a debate with their customers to compensate for their lost funds. At least they are quite explicit about it. I can see their point, but it is kind of weird that they don't apply the same thing to fiat scams. Are scams that different there?

They do cite some reports that crypto scams increase quickly in the UK. If this is one of the reasons why the law becomes stricter and pushes exchanges away, one has to wonder whether this will encourage scammers to be more active through the "black market' or not. At the very least P2P should still be a good option regardless of how the law change. CMIIW.

I believe convenience and to some extent, privacy, are the key reasons why you want to use Bitcoin or crypto instead of fiat. A fee is quite relative too, some services have a lot of fees when you use fiat. Personally, I find it cheaper to use crypto directly since the difference in the payment method for services that I use is around 5% or so. At the end of the day, I guess you can say it depends on what service you need too.

How does the DAO model work though? How would you manage the data from the people that use your platform? Will the 'owner' have access to it, or if not, how far can they affect your project? Do they also have a say on what regulation the platform needs to follow? It sounds a bit contradictory when you want to follow regulations but claim your platform is decentralized by nature.

The author seems to see blockchain as a service similar to social media. That is inherently flawed. It would be a disaster if anyone could make transactions, while social media by nature needs people to visit them to function properly. Besides, what kind of monetization is he referring to when he wants to remove the fees to make transactions? Does he suggest blockchain projects sell their user data and collect their transaction history, basically becoming their own chain analysis project? That is insane. Might as well stick with fiat if people are fine with that.

I'd advise people not to do this. If my experience from two bull runs tells me anything, it is that holding your coins when the bull run is happening (especially near the end) is not a wise choice. I lose so many potential profits doing that. Sure, there is no way to exit at the perfect time, but making a plan to sell some of your cons when the bull run happens is better imo. Especially if you don't have that much capital to begin with.

In an ideal world that can be the case, but from how describe the law I don't think this is the thing that most people want. On the other hand, a clear law can also help people judge whether a law enforcement process is being abused or not, although I doubt this applies to the new law since there is no tool to monitor the process easily.

At the end of the day, I don't see how it can improve user's ability to recover their stolen funds from criminal activity. I can see why though, probably because the government doesn't want people to scam them too. But yeah, the best thing to do is be careful and prevent yourself from using scammy services or falling for a scam easily.

Not sure what you mean by "set to use layer 2 by default" when you mentioned about address type. What do you know about layer 2 btw? Maybe you're mixing things up here. When people mention layer 2, most of them refer to things like Lightning Network, Liquid, etc. It has nothing to do with legacy address or Bech32. CMIIW.

Emangnya QRIS mendukung kripto gan? Ane rasa masalah atau hambatan utama ya balik lagi ke larangan penggunaan kripto sebagai media pembayaran itu sendiri, bukan karena pengguna kripto ga tahu cara pakai kripto untuk bayar tagihan. Padahal teknisnya kan tetap sama, kirim koin/token ke alamat tertentu dan nunggu terkonfirmasi. Ane sendiri merasakan hal itu kalau mau transaksi di market lokal karena jarang banget yang support kripto (BTC aja jarang apalagi token" lainnya).

Agan dapat kesimpulan itu darimana? Apa ada rincian penggunaan dana hasil pajak untuk mengembangkan industri kripto lebih lanjut? Ane rasa banyak orang tidak ingin kena pajak, rata-rata membayar ya karena adanya sanksi itu sendiri. Kalaupun ada yang punya rasa sosial yang besar ane rasa hanya sedikit. Bahkan ane merasa untuk peminat kripto di pasar global malah banyak yang ga bahagia dengan keputusan-keputusan yang diambil oleh pemerintah mereka.

Ane rasa pintar atau bodoh ga ada hubungannya dengan risiko trading gan. Kalaupun dia pakai uang sendiri juga nasibnya bisa sama aja. Kalau agan bilang dia harusnya make uang curian untuk hal lain ane rasa udah beda topik lagi itu mah.

Sejauh yang ane tahu volatilitas kripto jauh lebih besar daripada forex. Kecuali agan mengasumsikan semuanya menggunakan leverage, khususnya forex karena pergerakan harga mata uang biasanya tidak seliar aset kripto. Tapi ya balik lagi kalau trading tanpa plan dan strategi ujungnya ya bakal sama saja. CMIIW.

Sudah dapat jawabannya om rico? Udah PM mod atau gimana gitu? Ane rasa juga sebaiknya diletakkan di Marketplace walau ga ada eksplisit yang membahas masalah scam. Kalau berkaca ke topik scam bounty misalnya yang letaknya di Altcoin, ane rasa ga ada masalah kalau topik semacam itu juga diletkakan di marketplace (walau sekilas baca sepertinya ga berkaitan langsung dengan kripto ya?). Hanya kalau jenis scamnya semacam wallet atau situs palsu mungkin bisa ke main board. Ane udah coba report ke mod, tinggal nunggu dipindah atau engga nanti.

Kalau tujuannya hanya untuk kroscek data, ane rasa tidak perlu menggunakan blockchain atau NFT. Walaupu ada kelebihan dalam hal data yang bisa diverifikasi publik, kebutuhannya ane rasa tidak begitu tinggi mengingat data pribadi biasanya hanya perlu dishare dengan satu pihak dengan pihak lainnya. Kalaupun takut datanya dipalsukan, masalahnya ane rasa lebih ke pihak pemerintah itu sendiri. Pake blockchain juga percuma kalau pemerintah tidak menggunakan pengamanan data yang bagus.

I agree. Even if you use a "DEX" to trade and never stake any tokens or coins, you still can't remove the risk that a service will be banned or stop operating because a government fines them or classifies them as an entity that manages financial activity. People should be aware of risks like that instead of gambling the chance that they won't get caught because they use a good VPN. VPN and other tools can help you increase your privacy, but not remove the risk that comes from using a centralized service even if you name them as DEX.

There is a difference between Web3 and Web 3.0 afaik. The one being discussed is mostly related to crypto, which means those who offer interconnected devices and apps. I don't think ICO and stuff like NFT need to succeed before you can call Web3 arrived, since people can definitely use their wallet to connect to apps like DEX and so on. That being said, I don't think what they promise has been achieved due to various reasons, such as a lack of interest or terrible security on smart contracts.

I think this is quite difficult for most people. Working for passion can also mean what you enjoy most might be a chore sooner or later. I've seen a few content creators say they don't find their work meaningful anymore, hence why they stop. But some of them can't do that since their income relies on views, which in the end only causes a downgrade in the content they create.

Personally, I'd suggest people not to make their hobby or what they love their main job. Even if they can do that, it is better to find something else to spend your time. When you reach the point where money can't satisfy your need as you mentioned, you'll likely end up feeling more depressed and hating your hobby/work more.

As far as I can tell, the argument is that the debt ceiling might affect how investors do their trade on the stock and digital assets market. Basically, the changes in the debt ceiling can signal a change in the confidence of the USD. Considering how most markets use USD to determine the price and so on, I can see how it might affect them.

That being said, there is no way to determine the right reason why the Bitcoin price is going up or down. I'm not sure why OP believes the debt ceiling is the key reason other than basing his analysis on what the so-called experts said in the media.

Not sure if I get his tone right but I feel he is being satirical about it. This is one of the obvious flaws of how a modern economy works that has been posted many times on the internet. I'm pretty sure there is a documentary explaining how debt works and how risky it is in general.

If he is not though, then I don't see why we believe Bitcoin is a better alternative compared to fiat if the debt is deemed necessary to allow the company to grow their wealth (or their reliance on fiat).

Is this category the same as the one you explained in your FAQ? How would you weigh each category to arrive at the rating number? For example, do you value security more than customer support? If yes, by how much?

It is probably a good idea if you can break down the rating for more details so that user can check out which part of a service is the worst or best one.

Are you sure that's a wise choice? If you use a service that explicitly states you can't use it if you live in the US or somewhere else, using a VPN is likely going to get you a ban. I've seen many cases where people lost their accounts without having a chance to withdraw their money when they used a VPN. Sure, you can use a good VPN that masks your IP with a dedicated IP, but the risk is still there.

I'm also not sure about the guarantee that no DEX is going to freeze your account. At the very least I don't trust any service that call themselves DEX just because they use smart contract, especially if you live in the US. The SEC fined some services as mentioned above because they believe those DEX services still need to follow regulations. Whether you agree or not, you still have that risk. Better to be safe than sorry.