I woke up to a slamming email from my bank today on government new duty stamps that will be sucking a whopping #50 from each deposit of #10,000 and above deposits,  this made me wonder on the level of the audacity of the government who has failed to provide a good micro economic environment for the teeming youths who have found Bitcoin trading as the escape root to financial over-reliance on the government and lack of jobs opportunities. With this over-taxation, a lot of people like myself will opt to hold and receive money through Bitcoin to avoid this crazy bank stamp tax that is aimed at robbing the citizens to enrich corrupt political office holders.

For a while, I have been thinking about the world economy, and how the distribution of information and data has been in the last decade where institutions rely on the traditional system. The bank has the power to control the flow of financial information and data, but with Bitcoin and the blockchain, the virtual digital system has changed the way and manner the world financial system operates without injustice to any part of the chain and on a decentralized network. So to this point Bitcoin can be said to be the global digital currency because Bitcoin has no restrictions and is not controlled by anyone.

In what look like a bitcoin fee war against coinbase, binance the world's largest cryptocurrency exchange has announced a zero trading fee for users of the exchange in the US. Amid the market fall binance have taken this major as to ease the impact of fees on the smaller day to day traders, a move viewed by many Bitcoin/cryptocurrency analysis as a price war about to start between the two leading US exchanges.
https://www.coindesk.com/business/2022/06/22/binanceus-launches-zero-fee-bitcoin-trading

A lot of things have happened in the past some in the negative and positive direction, but lately, I began to worry about our safety in the cryptocurrency industry, and one of my major worries was is the area of security of funds and investment and I realized that altcoins are the worst investment even though some of them are good most others are just junk and scammy, and the section that has been infested with this junk is the bounty market place where almost everything are posted there to be honest I don't see the advantage of that section cause recently it becomes almost impossible to fine a legit bounty on that section but yet the various bounty threads are updated with links from hunters who know nothing about the projects just posting to get bounty payment that some time never come and are base on promises from scamming team. Newbie for your sanity stay vigilant and don't get misled in that section be careful just a warning.

While the market is on a downward trend, Bitcoin the giant of the crypto market has seen a drastic drop, and other altcoins followed the same trend, will we be able to recover, another coin like Luna did a total crash which is so bad for investors. In this scenario, can we still trust a high and unpredictable volatile I investment such as altcoin in this bear season?

Bitcoin is quite technical and the technical aspect is more difficult to understand and embrace by ordinary Bitcoin users, since that requires a good knowledge in various aspects such as Bitcoin mining software and equipment installation and other technical development with good computer programming knowledge since Bitcoin deals more with mathematical codes that are generated through programming algorithm, this technicality is not easily understood so most Bitcoin users only focus on the theoretical aspect of Bitcoin because is easier to understand and do not involve computer programming knowledge to carry out basic Bitcoin functionalities such as sending and receiving Bitcoin, storing Bitcoin in a cold wallet and spending Bitcoin this just requires basic knowledge to get it done and that is why most Bitcoin users rather limit themselves within this circle and that jas made the technical aspect of Bitcoin to lack the necessary man power and is leading to technical support bankruptcy in the system. It is best we now shift attention to the technicality of Bitcoin 80% of users in this forum will agree with me that the level of Bitcoin technical knowledge is low compared to the theoretical knowledge which can easily be gotten everywhere on the internet.

The game of football is one of the world's's most popular sporting activities and there are various rules guiding the game of football since we are on a gambling discussion board I decided to post this here creating the thread to open discussion on your personal views on one of the football rules that have changed the way the result of football match go, the rule is HOME ADVANTAGE what is your opinion about this rule do you think the rule should be removed from football match rules and let the performance of teams be what their walk away with, some wired situation is when a club is playing a qualifying match and because club A is home and made a 1 goal score that point will represent a no goal and when the clubs Home and away play draw, the team away will be considered the winners and qualify for the next round. I think this rule should be removed and let teams play out their points rather than relying on advantage.

This sound wired to hear but that is just the fact from the news coming from the crypto currency industry the rate of projects and individual getting dished by the bad guys either through scam or hacked into the cryptocurrency market most especially in the defi market which witnesses the highest funds stolen, over 1.6 billion dollars worth assets have been stolen a record that is said to be higher than that of 2020&2021 put together.
We have to be warned about the kind of project we invest in especially newbies who are just getting to know cryptocurrency.
https://cointelegraph.com/news/more-than-1-6-billion-exploited-from-defi-so-far-in-2022

Watching the current market conditions and the way the Bitcoin bear market is acting I know there will not be strong resistance to the 40k level and the price may likely pull back to 35k before it build up against the bear market, this season may not be a Bitcoin all green season but a lot of red lines will surface and cover the entire market for some time.

[NOTICE PLEASE LET THE DISCUSSION BE LIMITED/FOCUSED ON THE NATURE OF THE DONATION AND TRY AS MUCH AS POSSIBLE TO AVOID DISCUSSING THE POLITICAL SENSITIVITY OF ANY WAR IN ANY REGION.]

                                            NOTICE
PLEASE LET THE DISCUSSION BE LIMITED/FOCUSED ON THE NATURE OF THE DONATION AND TRY AS MUCH AS POSSIBLE TO AVOID DISCUSSING THE POLITICAL SENSITIVITY OF ANY WAR IN ANY REGION.
 It's no longer news how some countries around the world have seized large amounts of Bitcoin from proceeds of crime and legal battles which forced the owners of those Bitcoin to forfeit their Bitcoin to the government, and the government looking for better ways to spend the money that will have a direct impact on humanity, this has to lead the Finland government to donate $75 million worth of Bitcoin seized to support citizens of war troubled country and this has forced many in the online community to commend the action of the government as the importance of giving back to the society, proceed of crimes since most of those seized asset is either from hackers and money launderers who have stolen from the public.
Source: https://news.bitcoin.com/finland-to-donate-millions-of-dollars-from-sale-of-seized-bitcoin-to-ukraine

[What are your thoughts on the present Bitcoin situation.]

Bitcoin within the last week have shown a strong recovery movement, this thread is not about the bitcoin price speculation that is why I did not create this thread on speculations but decided to create it here on Bitcoin discussion. With the sole aim of attracting short term discussions on the recent Bitcoin movements which have seen bitcoin making some strong recovery moves and right now seating at $46,600 price in the face of Russia's Ukraine invasion which has gotten the mainstream media attention lately, bitcoin was able to make such great recovery which has set a new phase for the entire cryptocurrency market. What are your thoughts on the present Bitcoin situation.

A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.

At a time like this most investors get confused about the right altcoin to invest in and this confusion always leaves many to wonder about what criteria to choose when deciding on the right coin to buy for a long-term base. Should utility alone be a major factor in determining a good altcoin and being speculative in the price?

Well as a newbie to this forum or cryptocurrency one need to be well equipped with the relevant information as to protect you and your funds from scammers and hackers, always be on the look out for relevant informations and knowledge before you make your final conclusion.
I am a gaming lover and at that I am always on the lookout for security challenges, I stumbled on this gaming jack which is in relation to the e-gaming wifi pity NFT ethereum blockchain hack which a total of $625/worth of ethereum from the gaming site the operators of the platform announced this in a statement earlier on the 29th of match 2022.
https://www.legit.ng/business-economy/technology/1463180-hackers-target-steal-n249-trillion-worth-cryptocurrency-from-gaming-company-axie-infinity/

altcoin is one of the most volatile ventures in cryptocurrency but also the most lucrative  investment all that is needed is to makes the right choice in the right context of things, With the recent hype in the cryptocurrency market, a lot of altcoin holders may have different views on the further and this can prove positive or negative.

Over some time, I have tried to understand and take advantage of the many possibilities in cryptocurrency trading this emerging venture has helped many to reach their goals. What is the most valuable experience that has been a guide for your cryptocurrency trading?

As the quest for Bitcoin mainstream and scalability get to the advance stage a lot of stable coins are now diving in into Bitcoin bullish market and backing their stable coin reserve with bitcoin and huge buying of Bitcoin for reserve. E.g TerraUSD to be backed with a 10 billion dollars in Bitcoin this purchase will be added to the project stable reserved
Terra a decentralized platform minting the terra USD/UST pegged with the dollar announce this purchase on the Twitter handle some days ago.

Source:  Terra $10 billion bitcoin reserve
full news article

I believe this topic belong more on the BTC discussion board than Bitcoin mining board:
As the world looks toward a reduction in electricity demands and consumption EU government is presently set to regulate Bitcoin/cryptocurrency operations within its region and one among the list of things to be voted on although now removed from Monday voting was the ban of proof of work POW (which have a long history of trust but high energy consumption) to be replaced with proof of stake (POS) am excited and at the same time confused on the future of Bitcoin mining and it operates in the EU, but thank goodness the vote on the ban on the proof of work blockchain mode of operation has been dropped, so that is the EU Parliament will not vote on it by Monday. As the EU considered moving from proof of work blockchain consensus (POW) to a more flexible and eco-friendly proof of stake (POS) it will have a direct negative impact on bitcoin mining which runs on the proof of work algorithm.
Will bitcoin scalability reduce the rate of energy consumption in the future to have an edge of parliament decisions in such a direction just like Bitcoin's anti-inflation mechanism
further reading

[This is based on personal observation and studies of the altcoin market of a period of 2017/22]

This is based on personal observation and studies of the altcoin market of a period of 2017/22
Altcoins are said to be the alternative cryptocurrency aside from Bitcoin and many of the altcoins are decentralized and also centralized, unlike Bitcoin which is highly decentralized and out of the control of anyone be it the developer or government Bitcoin has a total circulating supply. But Altcoin is developed by individuals e.g Vitalik Buterin Ethereum developer and teams members who are known in the society and the source codes of the coin can easily be updated which have made them not to have a static circulating which is has been the major reason why the altcoin market is hard to speculate because it circulating supply can easily be tempered more coin being minted at will which will render speculators analysis inaccurate in most cases.

Bitcoin as a digital decentralized currency have been widely criticized by many banks and other financial monolithic characters who have been on for front of global financial system, the latest being the call of central banks governors to the EU for the total ban of bitcoin mining and trading ,this also came a week after the Rusia central bank governor advised the President against cryptocurrency adoption.
This have proven to a large extent the political undertone as regards to the central banks position on compartitors such as bitcoin having the capacity to transform the economy of a nation,state or region as a whole, what are the possibilities of central banks governors winning the war against the decentralized finances or will the central banks looses it relevancy when Bitcoin finally become a global currency.