If you will believe the hype surrounding this tokenization of the Chinese Yuan, you will also believe that their launch is already coming very soon. But if you are going to be objective about it, that launching is much more uncertain than the launching of Libra. And China itself is in no hurry about it.

Take time to read these:
https://thenextweb.com/hardfork/2019/09/25/china-no-idea-when-launch-digital-currency-cryptocurrency/
https://www.scmp.com/economy/global-economy/article/3030120/china-has-no-timetable-launch-its-digital-currency-says
https://technode.com/2019/09/25/no-timetable-for-the-launch-of-chinas-digital-currency-pboc-governor/
https://cointelegraph.com/news/chinas-central-bank-digital-currency-has-no-timetable-for-launch

And the only reason why China seems to be ahead of the US in terms of digital currencies is this vague idea of tokenization of their national currency which, according to crypto experts, is beyond the capability of the Chinese government as of this time. Other than that, there is nothing that says China is really ahead of the US in terms of digital currencies.

And whose projection is that? And on what basis? How are the numbers computed, if it did not just come from some random portion of anybody's imagination?

Everybody can put on the table their own projections. You and I and everybody else could just compute it roughly and come up with a number. But without sound bases and explanation, it is nothing but mere hollow speculation.

And please, that single digit billion is already a thing of the past for crypto. We are by the hundreds of billions as of today. And for me it will not even reach 2022 before it transforms into trillions.

My apologies but this idea of the Chinese government tokenizing their currency has more ulterior reasons than what could be read through the news and watched through the television.

While it is true that the future of currency is digital currency, the tokenization of the Chinese Yuan is definitely a move to counter the rising popularity of digital currencies such as Bitcoin, Ethereum, Ripple, and other cryptos in their own land. The Chinese government, instead of adopting these already existing cryptocurrencies, made one for their own so that they will have a complete control over it. China would never allow a foreign or any cryptocurrency to dominate their domestic day to day economic activity over which they do not have any kind of power or authority.

That is precisely the reason why scalability remains a problem as far as the Bitcoin network is concerned. And this problem will get more and more serious as Bitcoin is getting the adoption and actual utility as a mode of exchange that everyone is dreaming of.

Segwit provided a solution, a little solution, a temporary one, to the gigantic problem of scalability. But as more and more people adopt Bitcoin, the problem will arise once again.

Lightning network is another solution to this big problem. But, as mentioned, "It can't scale on-chain without centralizing the network."

There we go! There is a real barrier in there.

Privacy is one huge factor in the game of cryptocurrency. You remove privacy and perhaps you are already removing one very vital organ of the crypto body. It might end up too vital as to cause crypto's untimely death.

But of course, the privacy that different cryptocurrencies are offering vary in degrees. Monero being the most popular privacy coin. It certainly puts Bitcoin behind it, not even the second in line as there are also other altcoins whose primary feature is privacy. For me, Dash comes second.

The more demand there is to Bitcoin, the better. That is the basic logic of something whose value is determined exactly by that rule.

This kind of news is actually widespread even before. It has already spread before that Venezuela will make use of Bitcoin to get away from the sanctions imposed upon them from their western enemies. And this is really a good development for Bitcoin. Perhaps the only negative thing that one can deduce from it is that associating these days with Venezuela's Maduro government is bad for its reputation.

Assuming the worst is a really nice defense mechanism, which we could perfectly apply to our crypto adventure. The prices shoot up and then nosedive and then move a little sideways and then nosedive again, and so on and so forth, up to eternity most probably unless there will come a stability of some sort that many of us are waiting and hoping.

But what had just happened is not the worse, far from it, not even close. The price fell, there was more than a thousand USD lost, but it quickly stopped as it quickly happened and we are now seeing a little green. This is not the worse for sure. I don't mind enduring this round. If I'm not mistaken, we will be seeing better days within a week's time.

We are actually discussing here about ADA getting listed on Binance.US and not just Binance. ADA has already been listed with Binance a long time ago but not yet on its US branch. There is this hype because the US market is rather large. The targets are not the long time ADA supporters and traders but the US market in particular.

Here is a helpful link of the news: https://cointelegraph.com/news/binanceus-opens-deposits-for-ada-bat-etc-xlm-zrx

And do you seriously think it will happen? Before any of these money revolutions that you have in mind achieves something significant, these top dogs you are talking about have already changed colors and joined the fray, or have started negotiations, or have already bribed their way to the heads. Or perhaps even before the revolution gets serious, the top dogs have already planned their best moves.

Think of crypto. And think of the traditional banks of these top dogs. And now think of how they are already opening up for Bitcoin. Think of how they are slowly adopting this and that, brilliantly swaying with the wind.

Tell that to all the members here on BITCOINtalk. Please, if you really want to promote Nano, do it in a way that is worthy of your payment.  Do not attempt to promote it comparing to the very reason why Nano is here in the first place. Compare it to other altcoins within Nano's level. Do not compare an altcoin with Bitcoin as if Bitcoin needs to go. Because if that happens, Nano will also die.

I will not get mad. It is his in the first place. Why should I prevent anyone from selling his possession, something he has rights and control over? He has the sole discretion over it. But I will be sad of course. Because that would mean that he is not thinking of the welfare of his creation. That will give a very huge, even fatal, crash to the price of Bitcoin.

Yes, be very very careful. It is either you choose the few ones that have been on top for a long time time or do not hodl any at all. There are only a handful of great altcoins. The rest are, as what a lot of experts say, mere shitcoins. Many altcoins are just jumping on the crypto bandwagon for the sake of money.

It is nice to see that the country leaders themselves speak of their idea about Blockchain and Bitcoin. Although it is mostly blockchain that is really mentioned here. However, accepting the reality that Blockchain is here and that it could give potential advantages to the people and the country itself is an indirect acceptance of the rise of Bitcoin. Bitcoin being the banner carrier of the Blockchain technology.

I know advisers are surrounding these leaders. Most of them might be stating things that are under the instruction of their advisers. This goes to show that Blockchain and hopefully Bitcoin have already reached the ears of policy makers and influencers of the different leaders of the world.

There is already uncertainty when the real bull run is going to arrive. There were many who are saying that the Bitcoin rally recently that got to $14,000 was already the bull run, but as far as my prediction is concerned, it was not yet the bull run. It was a simple pump but not yet the main bull run. I was hoping that the bull run was in June. It seems it is going to be in August or September. $16,000 is the price to be targeted in this bull run.

Bitcoin Cash is just a result of a lack of consensus among the members of the team behind Bitcoin. Disagreement, instead of getting ironed out and keeping the coin whole, resulted into a faction and eventually into a split. But Bitcoin Cash is never the original Bitcoin as what they've repeatedly claimed. I would say it is indeed unnecessary. If I know, even Jihan Wu and Roger Ver themselves, still own a lot of Bitcoin. 

Even CZ himself has already responded to this baseless rumor. There is no sense pitting Ethereum against Binance. Both are great contributors to the cryptocurrency agenda. Binance and Ethereum may be competitors to a certain extent but this is a healthy competition, all for the benefit of crypto.

f - NathanJB

Good luck!

That is why IEOs are a lot safer to invest than ICOs because there is another layer of review that is done by the exchanges. And for sure, the exchanges will not allow themselves to be used as a platform of a dubious project. A thorough review of the project as well as its potentials in the market will certainly be conducted by the team of the exchanges. The success is therefore a little higher as compared to a very open ICO market.

c - NathanJB

Good luck!

I love the way Bitcoin is also beyond the control of the government agencies as well as the banks. This is very weird yet amazing these days when everything is under the powerful dictation of the elites which are either sitting on the government thrones or at the bank offices. Bitcoin is truly revolutionary. Not to mention the fact that Bitcoin knows no jurisdiction.