Given the attitude of Elon Musk to Dogecoin, most likely, this decision is temporary and calculated for the further sharp growth of this coin. However, I am all the same surprised by Elon Musk's decision. I considered him a more serious person. After such a decision, I am beginning to doubt the ability of Musk and his team to colonize Mars. Something really his actions are some kind of frivolous and risky. Do the other Tesla founders also agree with the decision to accept this coin as payment for electric cars? But Dogecoin may continue to grow. True, the time for this was not chosen very well. With the current market decline, the effect will be small.

Statistics emerged that over the past year, the price of ethereum has increased even compared to bitcoin by 230 percent. If the Ethereum 2.0 improvement ends successfully, it will be a huge boost to the popularity and price of ethereum. It has also been predicted for a long time that Ethereum, after a while, may bypass bitcoin in terms of capitalization and, accordingly, price dominance in this market. Whether it will be, time will tell. This is possible in the cryptocurrency market. But it is already obvious that ethereum will seriously compete with bitcoin in the future.

Yes, in general, you still need to admit that both banks and states in general are not happy with the rapid spread of cryptocurrency around the world. The fact that people are increasingly investing their capital in cryptocurrency means that banks, banks, do not receive this capital. Therefore, it is unambiguous that cryptocurrency is a competitor to fiat money of states and states, over time, will try to restrict its circulation by their regulation.

After the current fall in prices, which has already dragged on for a bit, I think that many meme coins will no longer be able to rise to their previous price level. When the holders of such coins see that they not only do not grow in value, but also fell sharply and continue to lie, this is very sobering.
As for fraud, it was, is, and, unfortunately, will probably always be in the world of cryptocurrency. Confidentiality, relative anonymity, communication via the Internet, which makes it possible to be anywhere in the world, the concentration of significant funds in cryptocurrency, the presence of numerous newcomers with no experience in this market, all this creates a good environment for fraudsters.

Yes, BNB is performing well both in terms of functionality and rising cost. However, it is worth remembering that BNB is only an improved copy of ethereum, and the ethereum network has been improving for over a year now, and this improvement promises to be very significant. Therefore, it is too early to compare these coins with each other and predict BNB's leadership among cryptocurrencies. You need to wait until the ethereum network update is over. I personally think that ethereum will be the leader of altcoins for a long time to come.

The prices for meme coins also largely depend on the state of the entire cryptocurrency market. In addition, with such a relatively long drop in prices, it is very dangerous for meme coins, since it is very difficult to maintain the hype and spin them during this time. After the current decline and stagnation, some meme coins may no longer rise to their previous price heights. And if many of them collapse, then they may lose their popularity altogether, if not forever, then for a very long time.

Indeed, I completely agree with this point of view. By how quickly the cryptocurrency is developing and spreading around the world, the special services should have long understood that it poses an increased danger for them and the state as a whole. After all, the financial structure of global control over the finances of citizens by states, created over the centuries, is completely violated. But it has long been known that whoever owns finances owns real power. Therefore, the intelligence services of different countries are forced to deal with cryptocurrency in order to know how to deal with it in the future.

Cryptocurrency is really taking over the internet for online transactions. However, this does not mean that it is used as a means of payment, so that it could displace the local cryptocurrency. Anyway, I don't think bitcoin is widely used as a means of payment in developing countries. As a financial asset that is growing in value and therefore being held massively, it can be. Various top altcoins have been used as a means of payment for a long time. And this is the harsh truth. But after all, in order for the cryptocurrency to be used as a means of payment, one desire is not enough. We also need to create an infrastructure for its walking. And the states are not interested in this. Although the situation may still change.

Yes, I also noticed that unknown tokens go exactly to those wallets that already have transactions. Moreover, the number of tokens is always a multiple of 10, or even 100. I actually thought that it was some teams of new projects that send their tokens as advertising. I also checked them by accounts and such tokens were not listed anywhere. I was not interested in them anymore. Now I will be more careful with them, especially since I will not open their sites.
Cryptocurrency scammers often play on the possible greed of the participants in this market.

This is roughly the same thing that is happening now with bitcoin. Many of its functions have long been outdated, but it does not lose its popularity and is growing in price. It should be borne in mind that a significant part of the tokens was issued on the ethereum platform, and it is not so easy to switch to others. Yes, and you first need to see what the updated ethereum network will be like. I don't think ethereum will lag behind the current top altcoins. On the contrary, after the update, ethereum will be ahead of all altcoins.

If you wait for the right time to buy ethereum, then you can skip the current good time to buy this coin. I think that in the coming year, given the fact that during this time the ethereum network will finish its update, its popularity, like the price, will grow strongly, and therefore the current price may become unattainable for purchase. So, if possible, you should buy ethereum now.

It is precisely because bitcoin has been the number one cryptocurrency for too long that this can happen. Bitcoin is now the slowest in transactions of all cryptocurrencies. He also has one of the most expensive. Ethereum addresses the same flaws with an unprecedented upgrade for a year now, including the move from PoW to PoS. This could allow ethereum to bypass Bitcoin in terms of capitalization. Already this year, ethereum is showing good results, including a 230 percent price increase over Bitcoin.

The onset of the bear market in this situation is optional. The fact that bitcoin and other cryptocurrencies have increased in value over the past two years many times over does not necessarily lead to a bearish period, although it does not exclude it. During this time, the price of the cryptocurrency also fell sharply and there were numerous minor corrections. Now the market can either start to grow in terms of price, since the expectations of its growth are still high, or go for a long correction and turn into a bearish one. But at the end of the year, prices usually rise in this market, not a recession.

States and their governments look at this problem from a completely different angle. For them, first of all, the efficiency of their digitized national currencies is important. And their CBDCs, using blockchain technology, are indeed becoming much more efficient. We will be able to see this soon enough when governments start issuing their central bank stablecoins in large quantities.
The existing private and other commercial stablecoins are competitors to them and could easily be banned, citing low safety for people and possible violations.

Generally, governments should not interfere with banks. The central bank is responsible for the exchange rate of the national currency and the financial policy of the state, and only it is authorized to give the banks instructions and instructions that are binding on them.
It hardly makes any practical sense for bank employees to challenge any instructions from the central bank. Direct appeal to the central bank does not lead to anything, and appeal to the court is expensive, and even after that, you can lose your job.

It is possible that the states of the European Union may, at the request of the Swedish regulatory authorities, decide to ban the mining of those cryptocurrencies that use an energy-consuming proof-of-work algorithm. In any case, the states at the last summit of the G20 countries pledged to dramatically reduce greenhouse gas emissions due to the rapid global climate change on our planet. Considering that states in general do not support cryptocurrency, they will not lose anything because of such a decision.

Banks are part of the state system of government and therefore is under the strict protection of states. For them, a threat to their existence will arise only when the states themselves are destroyed as a way of social order. But humanity does not yet know any other alternative to states. Therefore, so far nothing threatens the banks.

States are slowly getting into their regulation and stablecoins. This is not to say that this is very unexpected. Japan has always been considered friendly to cryptocurrency and therefore there is no reason to believe that its government is stepping on cryptocurrency. This is just the next step in regulating them. Be aware that all private and commercial stablecoins will either follow strict regulatory guidelines or be banned.

Intelligence agencies are forced to deal with and investigate cryptocurrency, as well as everything connected with it, since it is also used by fraudsters, terrorists and other criminals. In order to solve crimes, you need to have a good knowledge of the technologies and methods used by the criminals. Therefore, I do not see anything unusual in this. This is part of the necessary work of the special services. What the special services are still doing with the help of cryptocurrency, we still will not see in available sources and will not hear from officials.

In some cases, we have to come to terms with KYC requirements. Although a certain degree of anonymity is indeed inherent in decentralized cryptocurrency, it can only walk on the territory of certain states. And states do not like the circulation of large flows of money from unknown persons with unknown purposes. Therefore, in June 2019, the international financial group FATF adopted binding recommendations by states that KYC can be used only for the purpose of preventing money laundering and combating the financing of terrorism and only if transactions exceed one thousand euros.
So far, not many states have legalized cryptocurrency, and we still have the opportunity to trade cryptocurrency anonymously. In the future, these opportunities will decrease.