Stablecoins are a scam since they offer both the disadvantages of fiat and cryptocurrency in one product. If I was you I would exchange them asap.

Maybe he can find a person for a face to face transaction, but he needs to be careful for scammers.

Bitcoin will probably not be treated as a support of national security, simply because it takes away control from the government. Every loss of control is what weakens a government, so they will probably not accept it.

Enjoy your Summer!

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Roobet username: mbare

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edit: I can't directly insert picture as a newbie unfortunately.

Basically Bitcoin already is the gold of the 21th century. Yes it is not accepted by many governments, but still it widely adopted. I don't think even that it is necessary that governments use it, since many (most) governments also don't accept gold payments and also don't own large amounts of it.

Thank you for the free alaysis. Maybe you can explain more on how to interpret the percentage you give.

The Binance adress I gave you was just out of curiosity to see how much "illegal" BTCs are stored in their cold wallet.

Just out of curiosity I would ask for one free spot. I have an adress with only a single input that I would send you via PM

Seems like at least the assumption that there are more Gen Z entering bitcoin is not quiete correct.

Many people don't seem to understand it but bitcoin is not an instrument to make money but to pay goods. We should want a stable not a high price.

It doesn't really make sense that 90 % of miners would leave if I understand it correctly, since they will never leave at the same time so the difficulty will also go down which makes the remaining ones more profitable and therefore stop them from quitting.

Ok thanks everyone for the reply. It seems to be that maybe it is still important to have the possibilities for a full downloaded blockchain but for daily use it should be safe to use the electrum etc.

Because the bitcoin blockchain is getting larger and larger in size people often don't use the original bitcoin client that fully downloads the blockchain to your computer. As I understood the other wallets connect to an online server that has the blockchain on it to be able to connect with the network. Would it be possible for an attacker to upload a different blockchain history to that server so that possibly millions of users would send transactions to a wrong chain or have wrong balances displayed? Has this happened in the past or is this not possible?