Global crisis and economic downturns can influence crypto prices but I think that it's mainly on the short term, because there'll always be price corrections and other factors that influences demand and supply. A lot of situations influences crypto prices that is why the crypto market is volatile, not only economic and political, but FOMO, whales buying up, or just about any news that has impact can cause pump and dump. This is why it's important to make diligent research before investing in any coin/ token, because it's not every crypto that can recover severe dip.

In the early days of Bitcoin creation was when this your question would've been relevant, I believe that most investors in Bitcoin today were skeptical then, including me, but over the years leading to this day has proven that it's a store of value. Bitcoin is very real, it's adoption as one of the best investments is because of the reputation that it has built over the years, that it's an asset that will keep increasing in value and on the long term continue to give it's holders increased ROI.

Paying taxes to government is very important for the country to function effectively, without taxes, it won't be easy for them to pay and maintain different sectors like the armed forces, public servants in ministries that doesn't generate funds, and provision of basic amenities. We cannot overemphasize the importance of tax in any country, but where problem lies is tax evasion, where individuals, companies and organizations will not pay tax or not declare their full assets to be taxed, also where corrupt government officials will embezzle public funds including taxes.

As of today, if you're specifically referring to Bitcoin, I'll say that it should buy buy and buy again, provided that you have the funds to do so, it's price as of today is $61k plus, it has been hovering between $58k and $64k,  and if compering to the $150k that most people are speculating to be the peak price in bull run, then today is still a good time to keep buying. Investors that have come this far to start selling doesn't make Bitcoin sense, except they're inexperienced about how Bitcoin seasons works. DCA remains the best method to stay focused on hodling.

The OP is talking about being in a safe place when nuclear war happens, but how do we know where is a safe place during a nuclear war, because where you're planning could be the worse hit, so my advice is not to worry about a nuclear hit. Even when you manage to stay in a safe underground or something, I believe that it'll take decades before life can return to normalcy for the few survivors. I wonder what will be the essence of life in that waiting period, the animal instincts in humans might come to play and it'll become the survival of the fittest, lawlessness and chaos. I don't know if I'll care to survive when probably 90% of the world population is destroyed, probably all my loved ones are gone.

This is probably the first lesson that I learnt in this forum as a newbie, and it's still evergreen, that I should not leave my coins in an exchange, that if it's not your keys it's not your coins, that we should store our coins in a none custodial wallet, where you're the sole custodian of your keys and coins. We can not overemphasize the importance of this advice, also it comes an enormous responsibility, you must protect and secure your seed phrase, it's lose or theft could mean losing your coins forever

I've read somewhere that the US law enforcements like the FBI now have access to the tether usdt as a watchdog to their affairs, if that story is true then usdt holders don't need to worry much. But like you said if powerful organizations within the government are shielding them from any scams, then there's need for them to worry, because the bubble can burst at anytime.

Di way forward for Bitcoin to de widely accepted for our country and for everywhere else in the world na through massive adoption, I no think say na based on literate or illiterate matters. We no de for closed economy wey only two or very few people de do transactions, so p2p transactions with only people wey we hold dem wallet address and wey dem hold our own no go work, because we still need to do transactions with others wey no de for our cycle.

Therefore na if many people adopt Bitcoin and get wallet addresses na im governments no go get choice but to accept Bitcoin as an acceptable currency wey di people want. Without massive adoption, no matter di level of education and understanding wey Bitcoin holders get, if e no de acceptable for most payment points, dem no fit to do anything about am. I believe say dis na di main reason wey most people wey hodl Bitcoin, na for investment purposes only, except some wey de trade am.

Before joining this forum, I had very little knowledge about Bitcoin, and although I had a lot of stories about how people will invest a lot of money in it, and within months they became very rich, I was very skeptical because MMM, Ponzi scheme, had scammed a lot of people in my country. I never believed influencers or any other sources, until I joined this forum and became convinced that Bitcoin is a store of value and a very genuine and legit investment. It was this forum that really opened my eyes to the reality of cryptocurrency, many ignorant people out there still thinks that other crypto coins/ tokens are parts of Bitcoin, they get scammed and blames it all on Bitcoin.

Most of the comments on this thread are questioning the OP about how he got his information on oil producing countries facing hardship, although some oil producing countries like Saudi Arabia and Qatar, are utilizing the proceeds of their crude oil sales for the development of their countries, there are others that have backyard economies. I come from a country that is blessed with crude oil, and is exporting it, but ironically our economy is nothing to write home about, many impoverished people and lack of essential amenities like electricity supply. If some other oil producing countries are like my country, then what the OP said is very true, we're suffering in the midst of abundance.

I believe that Bitcoin must've gained considerable adoption in my country this year, because we experienced a very high inflation, our fiat currency, naira, devalued so much that the prices of goods and services began to skyrocket everyday, we're still yet to recover. Money in the banks will be the same figure but their value were depreciating and their purchasing power reducing drastically, then I started to hear people talk about converting our fiat to Bitcoin, instead of leaving it in the banks, that was when I realized that the inflation has necessitated the need for my country people to look for alternative means of appreciating their money. Bitcoin is indeed a store of value.

Thanks for your offer to help forum members to overcome the issues that you mentioned, but I don't think that it's necessary that they PM you, because my experience in this forum is that members who have solutions to problems that other members can benefit from usually share it in an open thread, no secrecy. So I don't think that you should be worried about confidentiality or protecting a member's privacy, because this is an anonymous forum, and we don't know each other physically, we're here to share ideas and learn from each other's experiences. Helping others on this thread instead of doing so secretly will be beneficial to other members that'll be reading through the thread, if other experienced members were helping fellow members in secret, then people like me that joined the forum without crypto knowledge wouldn't have learned much.

The OP is an experienced forum member and I expected more from him when he's starting a thread, he didn't give any meaningful details and no links to give more insight about his topic. Some of us are not from Europe, and we don't know much about their internal news, unless the ones that makes global headlines.

I think that the topic is about banks unification among some European countries, if I'm correct about my assumption, then I believe that it can be possible, because they already have one Euro currency, that unifies most of them.

After the halving, we saw price dip, and many investors, especially newbies panicked and began to sale, because they hoped that price will surge after the halving, and it caused more dip, and the experienced investors were busy buying them up. So I totally agree that dip is temporary, that it's a matter of time and price will correct itself, then it'll begin to pump. This is so because Bitcoin has proven that it's a store of value and no matter how the price fluctuates on the short term, on the long term it'll surpass previous ATH and become more profitable to the holder.

The OP should've provided a Link to the exchange that's providing the giveaway spine, it would've helped some members who'll be interested and need the information. Knowing the requirements for being eligible to perticipate is important, like whether they'll have to pass a KYC verification is inclusive. If it's coming from a reputable exchange, then it should be legit, although I'm sure that the aim will be to get more people to patronize their exchange services.

My first mistake in the crypto space was when I created my first wallet, and some Bitcoin were being sent to it, after many months when I wanted to send some to another wallet, that was when I realized that I've misplaced my passwords. It was because I casually created the wallet that I didn't remember the password, I saw where I wrote the seed phrase on a different paper, and when I imported the wallet, it kept telling me that I misspelled a word. I tried different combinations to change the words of the seed phrase, but it didn't work, so I got frustrated and abandoned it, my Bitcoin is still in that coinomi wallet till date. A big price to pay for my ignorance in my newbie days.

Yes, perhaps if he is satisfied with the ROI that he has gained so far from his Bitcoin investment, then he should by all means diversify it into any altcoin that he feels will give him the kind of profits that he desired on the short term. But seeing as we're entering bull run, I think that this is still a good time to keep accumulating Bitcoin, instead of selling it, because unlike altcoins that are risky to invest in because of many scam projects, Bitcoin is guaranteed to give you massive or reasonable ROI in the peak of bull run. Let the OP carry out a thorough research on the project of his choice before buying, so that he doesn't lose his money in a shitcoin

Nigerian government just de try to shift di blame of di dwindling economy ontop crypto matters, how p2p matter for exchanges take follow cause di high cost of everything for di country. First na Binance, no na okx, I wonder di next exchange wey dem go disable naira wey go make di economy to de better, di people just de confused and dem de look for scapegoats to blame for dem bad governance. Crypto na industry wey many Nigerians de take de survive, and now dem don de put stumbling blocks on top, before long we go go back to di days of government officials wey de harass young people wey de into crypto business, wetin de happen na very wrong signal for Bitcoin inside dis country.

After dogecoin, then Shiba Inu, I don't think that there's any other memecoins that have made so much impact and popularity like them, and the reason could be because of the uncountable influxes of new meme projects. Perhaps if there are not so many of them, one would've made it to the very top because investors wouldn't have too many to choose from, another reason why we might've not seen a new meme to match the top two is because most of them end up dead, which is a discouraging factor for investors.

My wife always tells me that after God, that the next thing is money, and I agree with her to a large extent, because in this day and age without money you're nothing, that's a fact. As far as I know, it's only air and rain that are free in this world, and the two cannot sustain anybody to be alive, you need food, shelter, clothing that are not free, except you're living in the judge, then you won't pay for these basic needs, you need to consider your health, if your not living in a conducive environment. You can't live a quality life without money, and you can't get respect in most places without money.

However I still believe that happiness is a choice, having all the money in the world doesn't guarantee peace of mind, a person must choose to be happy no matter their financial capabilities, because the rich also cries. Human beings are created to adapt, so rich or poor we have the abilities to decide to have inner peace and hope for a better life. But being so impoverished that a person does not have money to afford food and shelter, then it's too bad.