In considering the macroeconomic implications of widespread adoption of Bitcoin and other cryptocurrencies as mediums of exchange, it's essential to delve into multifaceted dynamics. Below are complex questions that are exploring various aspects of Bitcoin and crypto economics:
Given the increasing integration of Bitcoin and other cryptocurrencies into global financial systems, how might the interplay between traditional monetary policy mechanisms and the decentralized nature of cryptocurrencies shape future economic paradigms?
Furthermore, with the emergence of programmable money and decentralized finance (DeFi) platforms, what are the potential ramifications on central banking functions, monetary policy transmission channels, and the efficacy of conventional tools such as interest rate adjustments and quantitative easing?
Additionally, considering the finite supply of Bitcoin and its deflationary nature, how might its status as a store of value impact consumption patterns, investment behavior, and macroeconomic stability in the long term, especially in contrast to traditional fiat currencies subject to inflationary pressures?
Moreover, as regulatory frameworks evolve to accommodate the maturation of the crypto ecosystem, how might differing regulatory approaches across jurisdictions influence market dynamics, investor sentiment, and the overall resilience of cryptocurrencies as alternative financial instruments?
Lastly, with the rise of tokenization enabling fractional ownership of assets and the potential for democratizing access to investment opportunities, how might this democratization reshape wealth distribution, asset allocation strategies, and the traditional power structures within financial markets and economies?
I just wanted to express my heartfelt gratitude in advance for tackling all of these complex questions. Your willingness to share your knowledge and expertise will be incredibly valuable to me my dear bitcointalk colleagues, and I'm truly thankful for your time and effort. Your insights will undoubtedly make a difference, and I can't wait to hear your thoughts. Thank you so much!
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How might the emergence of quantum computing affect the security of Bitcoin and other blockchain networks, and what strategies could be employed to mitigate potential threats posed by quantum computers to the cryptographic foundations of these systems?
Thank you to all those who take the time to answer this question!
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Hello, between Jade and Cold Card, do you think that Jade is more for beginners than the Cold Card? To make a definitive statement, do you think one of those two wallets is better than the other and, if so, why? For those who have used them, what are the pros and cons of both wallets? I am thinking of purchasing one of those two products but am undecided on which to choose. I’m not sure what constitutes a “beginner” as I am yet to have any experience with using hardware wallets. I am looking for something that is beginner friendly. I just don’t want to make a purchase and then come to wish I had purchased the other product. Thanks.
If you prioritize ease of use and a more intuitive interface, Jade Wallet might be the better option for you as a beginner. However, if you prioritize advanced security features and affordability, Coldcard could be the preferred choice. Ultimately, the "better" option depends on your specific needs and preferences.
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I think not because Bitcoin would not be decentralized and censorship-resistant system anymore!
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Hello new fellow, imagine if someone with a lot of super-powered computers ( state - level agents) decided they wanted to mess with Bitcoin. They could try to change the history of Bitcoin transactions and maybe even take some coins that aren't theirs. This would cause a big mess and people might stop trusting Bitcoin. But don't worry!  The people who take care of Bitcoin are really smart and would work together to stop the bad guys from doing that. Plus, Bitcoin is designed to be really strong, like a superhero, so it's not easy for anyone, even a big government, to mess with it too much. So, while it's something to keep an eye on, we can feel pretty safe knowing Bitcoin has some tough defenses!
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I hope we will not invent time travel because of temporal paradox which can bring negative consequences. The most negative consequence of a temporal paradox is the potential unraveling of the fabric of reality itself. Temporal paradoxes introduce contradictions and inconsistencies in the timeline, creating a feedback loop where cause and effect become indistinguishable. This can lead to a breakdown in the laws of physics and logic, resulting in chaos, instability, and the collapse of the entire space-time continuum. In essence, the most severe temporal paradoxes threaten the very existence of the universe and everything within it including crypto  .
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What innovative methods or technologies do you foresee emerging within the Bitcoin ecosystem over the next decade to enhance both its scalability and environmental sustainability, while maintaining its core principles of decentralization and security?
I truly appreciate your feedback!
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Could recent 'ordinals' congestion be considered as an attack to blockchain? If so, how easy is it to upload a virus into blockchain itself?
The recent "ordinals" congestion might be like an attack if it's deliberately slowing down the blockchain, but it's very hard to put a virus directly into the blockchain itself. However, viruses could still target individual users or computers connected to the blockchain.
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In short, HD wallets let you easily manage multiple wallets with one main key, while descriptor wallets prioritize security by not allowing the export of individual keys.
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What criteria do you look for when you research a token/crypto? And what tools do you use to do your investigation? Please provide as much details, examples, walk throughs, tutorial links as possible.
Like if you want to know what percentage of a token is being held for a few VC's, developers, initial investors, etc.? Or how do you monitor inflows and outflows over a period of time?
Alright, imagine you're on a treasure hunt, but instead of looking for gold coins, you're trying to find out about special digital coins called cryptocurrencies. When you're investigating these coins, you want to know a few important things: What's the treasure for?: Every treasure hunt has a purpose, right? Well, cryptocurrencies also have a reason they were created. You need to understand what problem they're trying to solve or what cool thing they're trying to do. Who's in the treasure team?: Just like you want to know who's on your treasure hunting team, you want to know about the people behind a cryptocurrency. Are they smart? Do they have experience finding treasures before? How are the treasures shared?: You want to know how the treasure, or the coins, are shared among the people. If only a few people have a lot of the coins, it might not be fair or safe for everyone else. Is the treasure useful?: Imagine finding a toy instead of real treasure. It might not be very useful, right? You want to make sure the cryptocurrency you're looking at can actually do something cool or solve a real problem. Do others think it's a good treasure?: Just like you might ask your friends if they think a treasure map looks legit, you want to see if other people believe in the cryptocurrency too. If lots of people are excited about it, that's usually a good sign. Where does the treasure go?: You want to keep an eye on where the treasure is going. If lots of it is moving around, it might mean people are buying or selling it, which can affect its value. Is the treasure safe?: Like you want to make sure your treasure map is accurate and won't lead you into danger, you want to know if the cryptocurrency is safe and protected from bad guys trying to steal it. Did anyone check the treasure map?: Sometimes, people check treasure maps to make sure they're not fake. Similarly, some experts check out cryptocurrencies to make sure they're not hiding any problems or dangers. So, when you're looking at cryptocurrencies, it's like going on a treasure hunt, but instead of using a map, you're using information to find the best treasure out there! Good luck on your cryptocurrency treasure hunt! Remember to stay curious, ask lots of questions, and always keep learning. You've got this! 🚀💰🔍
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In what ways do the historical narratives and cultural perceptions surrounding gold as a traditional store of value intersect with the emerging narrative and evolving cultural perception of Bitcoin as a digital store of value, and how might these intersections shape the future landscape of global wealth preservation?
Thank you for sharing your insights and perspectives!
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I'm currently investigating how to stay under the radar with regards to the profits made from crypto.
So, let's say we made millions, how do you get some of the money back to fiat,but without making waves with the government.
Added, I stay in a corrupt country where large scale government corruption is the norm.
Any help will be appreciated.
PS: Is the idea of crypto not to be anonymous.
Your idea about the cover of your transaction is highly unlikely to go unnoticed. Governments are even more connected with the crypto trading and they are tracking the transfers between the crypto and FIAT. Governments are even limiting the crypto exchanges and trying to take control of them. If you try to get under the radar then I wish you the best luck but I would personally report my taxes no matter how big amount I am cashing out because sooner or later I could be tracked and billed.
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The advantage of bitcoin, you dont need to work under the sun to make money, you dont have salestalk your customers to earn money, in bitcoin you just have to invest or post to earn money.
You have actually limited the Bitcoins capabilities with your posting observation. There is much more in Bitcoin then posting. Bitcoin is striving towards the implementation into country regulated economics and this current investment status that is depending on the fluctuations is just temporary happiness for the certain investors that are expecting to get rich in a long term. I believe that the future will hold much more opportunities for the Bitcoin as such and that it will be used as a current with the stable value which it is striving for.
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Today i realised i am in huge huge trouble due to gambling...i just kept loosing amount in gambling quickly...decided many times to leave gambling but never happened....today i counted that i have lost almost 10 bitcoins in gambling in last 1-2 years and the amount i loose is going to keep on increasing... i just tried to do everything but nothing is quiet working...what ever i earn I don't know what to do with them and in some time i lose them again... I am realizing I am in big trouble, already in huge loss what to do...  Only one who can help you is you alone. Noone can make the influential impact on your will. With strong attitude and will you could have quit gambling addiction the long time ago. The greed is somewhat connected with your reinvesting into casinos because you want to regain lost money with one more game but the only thing that you will get is more losses. If you are eager to stop gambling try to go to the addiction clinic where you will lead psychological talks with other addicts and maybe then you will realize the what is the reason that is obstructing your leave from the gambling rooms.
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This temporary fall in the value which will happen after the proclamation of that news will last for a short term but in the long term, this decision will actually influence the cryptomarket in a positive way because every news, bad or good, is attracting a lot of new investors which are hoping for the profit. I personally don't have an opinion about the Twitter current status in which the follow the google but It seems that they are just copying others ideas like google for their own benefit; if it will benefit them.
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I really don't understand why they are panicking seriously. Remember, there's always a rainbow after the rain. So, expect the good outcome after the bad news. Anyhow, let's just enjoy the momentum of cryptocurrency. Lol
Some investors are depending on the daily trading. This current price is actually affecting them because the long-term profit is not for them. The market trading is actually their job where they must secure enough amount to cover their living expenses. There are some other investors which ain't enough instructed with the market fluctuations and a single fall is frightening them. The third group of investors which is not panicking is very scarce and they are actually enjoying with the backing off others because they can rebuy another amount of the desired coin and wait for the better times.
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The first coin to watch out for is ETHEREUM, not just because it is the work of Vitaliy Buterin, but a very dynamic project. RIPLLE, ZCASH, NXT, DASH, NAM are eligible, with $ 500 you can buy young coins as well who have good candidates in the future like MTH. this is my opinion
Ethereum can bring you at least double profit with this amount if invested in till the 4th quartal of 2018. The current market is appropriate for all kind of investments and more and more investors are investing. This amount of the money is actually very low in comparison to the big investors but even the amount can bring you nice profit afterward. An idea about splitting coins is actually supported by many.
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I do not have much advice, but I tell you to close your eyes and ears to bad news about crypto. You have to think how we can benefit from and make a profit from the present situation.
Bad marketing is actually attracting new investors. If all the investors would actually close their eyes they couldn't see the difference between the false and true news. The false news is highly spread but this same news is influential for the market community which is currently growing in the matter of the current crypto coins fall. Everything must be listened to and observed because this little pieces of information can actually help you to see the real truth behind the certain project and certain profitable or nonprofitable coin.
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I think that while there is no such technology to hack into bitcoin and hope it will not appear
Nothing is certain. Future unravels many new technologies that are coming to fast. Hackers are also advancing with the technologies release and they are adapting to the current situations on the internet. There will be for sure some advanced technology that will allow the hacking of the Bitcoin center. There will be ni way to stop this. Everyone has their own greedy interests. Hackers are the worst in the greediness and I only hope that the software for the Bitcoin hack won't be developed.
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I agree. They are turning everything into their own product. Almost everything is made in China. Majority of plastic are made in china. Even our smart phone is manufactured or assembled in China. They are turning into a country who can survive on their own and it will only be a matter time before they become a super power country. Good thing they're not into war like North Korea.
Actually, they are coping everything. If you look closely at their stores you could see that their stores have same names as the popular ones in America and Europe but with just 1 letter changes. Their product is actually produced from the other people ideas. They have the same product as the rest of the world but with slightly different names. If no one shared their ideas with China, in my opinion, they wouldn't invent anything new. They are becoming the powerful county because the stolen ideas which are actually a plagiarism I some kind of way.
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