Left: Abu-Mohammad al-Julani, head of al-Nusra (aka HTS) terrorist organization (part of al-Qaeda) Right: Abu-Hesam al-Shafei, second in command of al-Nusra terrorist organization (part of al-Qaeda) Look how happy the two deputies of al-Qaeda and ISIS are to be brought back to New York after 24 years! Will these two internationally recognized terrorists who are also in the UN terrorist list meet with POTUS to shake hands again? Things are definitely getting weirder every day in the Western camp as the desperation grows...
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Can we still call Bitcoin decentralized if its backbone infrastructure is so centralized?
Everything about bitcoin, including its mining, is still decentralized enough to not raise any serious concerns. However, we have what I call traces of centralization that tend to creep in no matter what we do, and that's something we need to remain vigilant about to keep them minimal. When it comes to mining, as long as the hashrate is distributed in multiple independent jurisdictions, things could be considered fine since no one entity would be able to gain control or exert power over large number of the miners.
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You are comparing apples and oranges. Last I checked US wasn't really considering bitcoin to be a national reserve and whatever coins they have are just like any other asset the law enforcement has seized from criminals and whatnot. On the other hand El Salvador has actually acquired every single satoshi they own to be stored as national reserve.
Besides, I don't really see the point of this comparison. El Salvador's economy is tiny in comparison with US so technically they cannot have more bitcoin than US in case US some day decides to use bitcoin as national reserve. Although we should also consider that El Salvador population is barely 6 million so per capita they can compete very well...
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At this point, it's getting really confusing, some people are saying that Isreal is killing innocent citizens of Gaza and committing genocide
This confusion is the exact reason why the Zionist regime is spending millions of dollars to hire people on social media to cover up their atrocities ( a small example) and whitewash their crimes. This is why the Zionists have a propaganda chief similar to Nazis to orchestrate such campaigns targeting public opinion. So don't take what a small number of anonymous accounts on the internet tell you seriously, these keyboard warriors are either being paid to spread Zionist propaganda or are just idiots who were indoctrinate by that propaganda. I'm sure if Hitler and Joseph Goebbels were around today with the internet and social media, they would have used the same tactics as the Zionists to justify their crimes against humanity. Today the Zionists are just using the anonymity of internet to support the terrorist organization known as Israel otherwise in real world when you for example walk the streets of London this is what you see:  That's because unlike 1940's, the 2025 genocide in Gaza is being broadcast live 24/7 with HD quality. So anybody with eyes can see that it is a genocide without even needing to refer to organizations such as UN, various humanitarian organizations, the international court in Hague, etc. that investigated and found it to be genocide. while others are saying that the Hamas and Hezebollah groups are using citizens as shield
HAMAS and Hezbollah are not separate entities, they ARE the citizens themselves. They are resistance groups that were established by the regular people to fight against the foreign invaders aka Zionists that occupied their respective countries.
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Bitcoin surged to $117,000 up 1.76% from the previous close.
Welcome to the Bitcoin market. If you hang around enough and watch the charts (historical mostly) you will learn that a 1-2% change in the price is considered a normal fluctuation (in fact anything below 10% or at least 5% is like that) and is not called a "surge" nor does dropping that much is a crash. A surge that is worthy of discussing would be going up at least 20% or at the very least a discussion worthy rise is if price breaks a major resistance ($120k or $130k resistance). $117k is nothing!
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What's interesting is that at this time that US is polarized and the unrest keeps growing with protests against the regime, Trump is not only becoming a bigger dictator back home (eg. he just ordered shutting down of any outlet that posts anything "negative" about him like the shut down of the popular show with Jimmy Kimmel) while still claiming they have "freedom of speech"! but also he is isolating United States as I predicted last year before the elections. For example this just came out showing the way emperor-wannabe of America is treating the dictator of England as Trump walks with the guard and makes the King Charles walk behind them like a servant  
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Altcoins are like a much worse version of penny-stocks, they have no real potential or utility but most importantly they have a much smaller markets. That means their markets are very easy to manipulate (aka pump and dump). Therefore we have always seen altcoins get bigger pumps in short term than bitcoin has rises in the same period. But that is only in short term (a period from one hour to 1 week for example) not long term so we can't call it "performance" for them to "outperform" bitcoin.
So to answer your question, the altcoins will always get big pumps in short term and for those who are willing to take the risk of trading altcoins (ie. riding the pump & dump waves) they will continue remaining a viable option.
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The problems started showing in 2023, but they had started way before that. @get-paid had some interesting analysis, but I think the problem with these types of businesses is that they try so hard to become big, but after they grow to some level, they just give up and think they can just sit back and just count their money. That rarely works in a normal business but it definitely won't work with a gambling model since we know that in the long run the house has to win not the player. In other words their customers should technically be losing money in the long run, so they won't stick around which means they need to constantly attract more customers which takes a lot of effort. Which old gambling site is still advertising like their early days? None.
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People have been "exploiting flaws in consensus rules" for as long as Bitcoin has been around, starting with Satoshi embedding text in the Genesis block.
I believe this is the problem you have, you cannot see the difference between something that is part of the Bitcoin protocol and is benefiting it, and arbitrary data that is not part of the protocol (which is why it is not a token) and is not benefiting it at all. What Satoshi did was not exploiting anything. He used a newspaper article (which has a timestamp) to include in the Genesis block in order to timestamp it as a proof that the Genesis block was not mined at a time before the date in that article. In other words it is how the protocol is defined and an acceptable usage of it and also a useful thing for bitcoin. On the other hand, injecting arbitrary data into the immutable bitcoin blockchain (aka the public ledger of this payment system) is abusing the protocol and it is only performed by using an exploit not what was acceptable in the protocol like OP_RETURN for instance.
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Are you talking about the 1:1 amount of bcash people got for just owning bitcoin when they created of bitcoin and called it "bitcoin cash"? Well, I don't know whether we can call it "unfair" that people who owned bitcoin at the time got that somewhat free money but what matters is that bitcoin's objective was never about fair wealth distribution. It is only to provide people with financial sovereignty and it has been doing that well.
It also has nothing to do with decentralization. Anybody can decide to give you an "airdrop" just for holding bitcoin. Many did ever since bitcoin was created. I think one of the first ones was called CLAM coin...
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Would Bitcoin being considered an asset from tax point of view make anything different?
It kina does. Whenever a government looks to tax something like bitcoin, it shows that they have seen a considerable potential for an income and we already know they all do whatever in their power to make sure they capitalize on that opportunity. That will translate into more restrictions and surveillance so that they can make sure they are getting the maximum possible income (tax) out of it. Neither of these two are good for bitcoin's growth and adoption.
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Considering that price hasn't had any major rises for a while, there is a decent "build up". That's like money waiting to jump in after seeing the first sign of rise. Therefore if price breaks the $117k-ish resistance and gets closer to $120k we can see a good momentum that can actually lead to breaking $120k itself to set a new ATH.
The market looks willing though, specially in the past 4 days where price keeps pushing higher and higher.
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but don't forget that Israel acted alone and not with the approval of the US.
That's what the propaganda wants us to believe. But if we analyze the situation and use OSINT it is clear that the opposite is true. This was an obvious joint operation between the NATO and Zionist Axis to attack Qatar. Just look at the maps. Zionist terrorists are not even capable of carrying out any attacks on a target that is as far as 1000+ km. They need NATO tanker aircrafts for refueling mid air for 4000 km air travel to reach Qatar and come back.  Besides if you check out the route taken, you can clearly see this was all NATO. From using the Jordanian airspace (where France has bases) to the Saudi controlled airspace of Arabia which US military has full 100% control of the airspace with countless radars and air defenses, all US made and US controlled. On top of all that we saw the British Royal Airforce tanker help them refuel. The tanker that was in Qatar and flew from a Qatari airfield and then landed in the same Qatari airfield!  And lets not forget the US military's Central Command as @MusaPk pointed out which is located in Qatar and the only reason why they allowed it to be built there was the promise of protection! And that's the situation in our world, which is one of the main reasons why I disagreed with the OP in my first post: You have some good points here. Although I wouldn't say "survival of the fittest" at least not in the system that is now coming to an end. It is more like survival of the most brutal and barbaric regimes who do anything for resources and control.
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The world is getting closer to that day as more people wake up but there is still a long way to go for the lulled people to realize what's going on around them. .
Yeah but they won't stand together but fight each other. Small but significant difference. The people are busied with each other by the system as a distracting tactic but such schemes don't work forever. Eventually people start figuring out where the problem lies and shift their focus there... that's when the dictatorships start falling... Although this wave is still in its infancy but it has already begun in the West... For example this is the 7th wave of American Awakening IIRC and the anti-regime protests are growing as people are toppling the symbols of this authoritarian regime:   
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Is Bitcoin just a digital currency in the present day? That is, is it just a "Store of Value"
I think you mean "digital gold" not "digital currency" because currency by definition means medium of exchange and not store of value. At a time when people are spending more due to inflation, can Bitcoin reduce people's current spending and create a saving attitude for the future? Do you think Bitcoin is really capable of changing people's Time Preference?
I don't think Bitcoin did that. The fiat currency and the severely flawed economic principles did that while bitcoin was only there to provide people an alternative or an exit out of that flawed system. So when the governments keep printing more fiat, decreasing its value in the long run, the people see this and look for an "exit" and there they find bitcoin. During inflation, at least in the short term, I don't think people can afford to think about "saving" because they'll need to spend more money on everything that is going up in price due to inflation and fiat devaluation. But in the long run, going through that will give them a valuable experience which will then lead to making "investments" to have something to fall back on during inflation times.
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This is either fake and a case of trolling, in which case shame on you for wasting other people's time by initially making them think it is your own wallet where you'd lost part of it wanting to recover your coins. Or this is real and you have actually found someone "leaking" part of their seed phrase (intentionally or unintentionally doesn't make a different) and you are trying to steal someone else's money in which case shame on you even more!
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Will enough people (including the 1%) realize in time?
There is a lot of civil unrest right now in the world because everyday people can now see the exploitation in real time. Some will numb, ignore or stand up.
The world is getting closer to that day as more people wake up but there is still a long way to go for the lulled people to realize what's going on around them. It's not just the West either. Take the Arabs for instance. US is literally treating them like slaves, Trump even calls them "cows" that he milks out of their money! And that money only goes into Trump's pocket and the arms dealers. To make matters worse and rub some salt in their wound, NATO literally attacked them just a couple of days ago. Something that was the most humiliating thing I have ever seen in my life. The NATO aircrafts (eg. the British tanker aircraft) flew from Qatar and participated in the bombardment of the residential areas in their capital killing Qatari citizens and then landed in Qatar again in the US regime military base that only exists there because they promised Qataris to protect them from attacks... Apart from some random Arabs complaining on social media, the rest are either too scared to speak up against the dictatorship or the occupiers or too busy trying to survive poverty to do anything else.
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Hypothesis 2: "The Bitcoin in 2009 was (subjectively) not the same as Bitcoin in 2025. It was not even similar to it. The Bitcoin in 2009 rather resembles the shittiest shitcoin in 2025".
I don't think you know what "shitcoin" means. A shitcoin is not a cryptocurrency that is small with low price and is used by a few people. A shitcoin is a cryptocurrency that has one or more of the following characteristics: useless, has many bugs, has nothing new to offer, centralized, mutable blockchain, has a flawed protocol, etc. Bitcoin is none of that, not now and not back in 2009. When Bitcoin started, it was (as it is today) a decentralized censorship resistant payment system with a solid protocol and an immutable blockchain and a capped supply.
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It is definitely concerning specially when we see governments get involved since we know by nature the governments want "full control" so it is obviously what they will try to do. We've already seen them try to control the market through what they call "regulations" which is effectively more surveillance and invasion of privacy without any benefits for the users. I've also theorized about market manipulation a while ago, which I believe is a big concern specially in these days where the budget deficits are growing fast... Unfortunately it cannot be stopped and it is inevitable, therefore the only solution that comes to my mind is to have more companies and more governments (different countries) getting involved so that they can negate each other's effects to some extent.
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Harming the chain (with the term "harm" being highly subjective) is just a byproduct of their ecosystem.
If someone starts a tobacco business and sells cigarettes, the harm they'd be doing to the society is not a byproduct of a "good ecosystem", instead the system itself would be the harm which makes it a malicious system. A system that was created by exploiting flaws in the "consensus rules" of the society. Whatever it does would be harming the entire society as well. It doesn't matter how much they advertise smoking and how much they portray it in movies as something that the "cool kids" do (like what they once did in holywood), it is still harmful. It also doesn't matter that it created jobs and income for the employees of that system, it is still a malicious and harmful system. The advertisement is just putting lipsticks on a pig. It's the same with Ordinals. They created a system that exploits the "consensus rules" of Bitcoin to use the immutable bitcoin blockchain against what it was meant to be used as against what it was meant to be used as (using as a cloud storage instead of as a payment system), and then created a market to "hire" unaware attackers (anybody who traded the arbitrary data on chain, falsely referring to it as a "token") that makes it a harmful and malicious system through and through. And the harm it does is the only product of it not a byproduct. Similar to the tobacco example, their advertisement (like calling it revenue for miners!) is also like putting lipsticks on a pig. The damage this attack caused was not limited to a short term fee spike either. They did a lot more than that. For example they created a burden for the full nodes to bear indefinitely by creating a ton of dust outputs that will remain in the UTXO set forever. That's not to mention the damage they did to the image of bitcoin as a usable payment system and the illegal content they injected into the chain to remain there indefinitely.
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