In order to reduce the commission for transactions in the ethereum network, you still need to wait a while. The improvements made in the framework of Ethereum 2.0 have not yet fundamentally resolved the issue of transaction costs. This will happen later.
I keep my ethereum and I am sure that after the update this coin will increase manifold in its popularity and price.

The world economy has lost a lot over these two years of unprecedented measures to combat the coronavirus pandemic. Moreover, the measures were so harsh and often meaningless that sometimes it seemed that the collapse of the economy was happening with some intent. Therefore, a global economic crisis is inevitable. I even want to see how Bitcoin and other decentralized cryptocurrencies will behave during such a global crisis, because I am sure that the cryptocurrency and the people who have invested their funds in it will only benefit. After that, the popularity of cryptocurrency should skyrocket.

Since the cryptocurrency market is still very loosely controlled by the government, there will of course be a tightening of cryptocurrency controls. However, I think most of all it will concern personal identification, so that the owners of the cryptocurrency pay taxes on profits and there is some kind of control over the laundering of dirty money. Governments are unlikely to be capable of more.

Of course, it is unrealistic that in such a large country like China with such a dense population in such a short time, even after the ban, Bitcoin mining fell to zero. Small miners, of course, still work there, but in the shadows. Considering the fact that negative news on cryptocurrency constantly came from the government of China, one of the channels of such news has already been blocked. Therefore, in general, this is not bad for cryptocurrency.
In addition, the cryptocurrency market quite calmly took the information of the People's Bank of China about the illegality of all transactions in cryptocurrency. We see that bitcoin has now risen to almost 58,000 dollars, and altcoins are also growing in price. If the Chinese government still has a negative attitude towards cryptocurrency, it would be better if there are fewer levers of negative influence on it.

So far, there has only been a statement from the People's Bank of China about the illegality of transactions in cryptocurrency. Although this bank is the central bank of this country, it does not have the powers that the legislature, or even the government of China, has. While lawmakers are silent and even a general decision on cryptocurrency at the government level has not been made, such statements should not be paid too serious attention. Apparently, it is only being clarified how the citizens of China will react in the event of a ban on transactions in cryptocurrency. And at the same time they will see how people will bypass such a prohibition and whether the government will be able to block it. This is not to do stupid things and not be a laughing stock in the eyes of the whole world.

This is very bad, given that it is fossil fuels that make a big contribution to climate change on our planet. World governments are still doing very little to switch to renewable energy sources and to manufacture cars using electrics and other alternative fuels. It is necessary to give up the consumption of oil and gas altogether, otherwise our civilization will be destroyed.

Gold is not printed, it is mined and its extraction is very costly, because on our planet it remains only in hard-to-reach places. Therefore, it is impossible to dramatically increase its reserves. In addition, unlike paper money, which in itself is of no value, gold itself, as a rare metal and jewelry, is of great value. Therefore, an increase in its production within the limits of the reserves of our planet does not lead to its noticeable depreciation. However, if we assume that in the future gold can be delivered from space, then an increase in its amount can also lead to its depreciation.

I am even amused by this situation with the complete prohibition of transactions in cryptocurrency in China. Finally, the Chinese government has come to such a predictable decision. Now it remains to observe how such a prohibition will be implemented and whether the state will be able to control it. This will be a valuable experience for both people and states. We have seen so far that such attempts have not yet been crowned with success and, most likely, the state will not succeed this time either.

High technologies are very fragile and this should always be remembered, and therefore old and reliable technologies should not be forgotten. We see that man is still vulnerable to the forces of nature, especially where he imposes his will on her, and does not seek to live in harmony with her. Recently, our climate for various reasons is changing a lot and in this regard, cataclysms are occurring more and more frequently. Therefore, the Internet may disappear, and with it the cryptocurrency. In this regard, we should not abandon the usual forms of money.

Here you need to understand that stablecoins are not cryptocurrencies. This is the same fiat, only digitized, that is, national currencies that work more efficiently. Therefore, fiat will not disappear anywhere, and the states themselves will never allow this. Cryptocurrencies only have the ability to coexist with the currencies of states. El Salvador appears to be more the exception than the logical development of the world of finance. It takes more time to draw conclusions in this direction.

There are probably similar problems in every country, and not only in the field of cryptocurrency mining. If government agencies can determine how much energy is consumed by unlicensed miners when mining cryptocurrency, then they can find violators. This is not a cryptocurrency problem. This is a problem of compliance with legal norms and it must be solved by the relevant civil servants, who change this into official duties.
Now we are witnessing an energy crisis in many states. This is despite the fact that it is becoming cheaper to obtain energy from renewable sources, since the cost of producing such energy is getting cheaper. Here the problem is more of the correct organization of energy production, rather than its consumption.

The legalization of bitcoin and other cryptocurrencies should not be confused, that is, the determination of its official status and the establishment of rules for walking in the state along with the national currency, which continues to occur in a number of countries, and the adoption of bitcoin as a national means of payment, which happened in El Salvador. States can recognize bitcoin as a means of payment, however, this is unlikely to be the national currency. The state, and especially its economy, functions on completely different principles.

We remember that only in the initial period after the official announcement of the onset of the coronavirus, all cryptocurrencies, including bitcoin, fell sharply in price. After that, the cryptocurrency market gradually recovered and has only continued to expand since then. It can even be said that the coronavirus pandemic has largely contributed to the fact that the states themselves highly appreciated the functionality of the cryptocurrency and began to massively consider the possibility of introducing their national digitized currencies. During this period, people under quarantine conditions became more interested in and using cryptocurrency.

Considering that each bitcoin has one hundred million satoshis, I think this would be enough for all countries that would use it as a means of payment.
However, there is no need to triumph over the situation with El Salvador yet. Too little time has passed to draw any conclusions. In any case, one should hardly expect the transition of states to payments in bitcoins, they will always have their own digital currency closer.

This should hardly be considered news or a big prediction. Of course, over time, states and their governments will regulate the circulation of cryptocurrency more deeply and stricterly. There is no doubt about that. Even if we consider that most states will soon issue their digitized central bank currencies, then the cryptocurrency is likely to compete with them and they are unlikely to like it. We already see this in the example of the Chinese government, which is preparing to officially release its digitized yuan. In general, of course, it will not be so tough, but more stringent regulation should be counted on.

It is already safe to say that Satoshi Nakamoto, if at all this is an individual and if he is still alive, will not appear. He deliberately took all measures to remain anonymous, and there were apparently reasons for this. Over the past 11 years, he has not made any attempts to declare himself, he either does not want or does not have the opportunity to do so. This means that there is no chance that he will ever appear. His purported bitcoin wallets are idle. Apparently, he will remain an unidentified person.

#Proof of Authentication
Bitcointalk username: Argoo
Bitcointalk profile url: https://bitcointalk.org/index.php?action=profile;u=1053354
Telegram username: @argo12
Joined Campaigns : Signature campaign
BSc wallet address:  0x33fc5780f8C79dA95812667368aBFB5cf269dD74

Indeed, the situation in the cryptocurrency market is now pretty good, the recent price drop has corrected the market and prepared it for a new stage of the bull run this fall. Now prices are starting to rise again, and there is still time to buy potential cryptocurrencies at relatively low prices. I think that from next month we will see a big growth in this market.
The whales seem to have once again manipulated this market. The only question left was whether it was timed to coincide with the official recognition of bitcoin in El Salvador as the national currency, or was it just a common coincidence in time.

Anyway, I don't see any additional risks when investing in cryptocurrency following the emergence of the current coronavirus pandemic. On the contrary, states and their governments turned their attention to digital assets during this period, as cash turned out to be the carriers of the coronavirus. Of course, the enthusiasm for cryptocurrency on the part of people increased many times during this period, since during the quarantine period there was time to study this type of activity and the number of participants in this market increased.
There are risks in any kind of activity, and even more so in any investment of your money in any projects. The coronavirus, in my opinion, has played an even more positive role for the spread of cryptocurrency than negative.

The law on virtual assets adopted in Ukraine is quite good. However, it is framework, that is, it establishes only general terms and involves the additional introduction of bylaws for a more detailed regulation of the cryptocurrency. This is not very good, because at the local level, officials can degrade its quality with their clarifications.
In Ukraine, they are also going to adopt bill No. 2461, which is designed to establish clear rules of taxation and provides for a profit tax of 18 percent for enterprises and organizations and 5 percent for individuals, an object subject to taxation is calculated as the difference between the amount of sold cryptocurrency and the cost of mining or buying it.
In general, for citizens, 5 percent of the tax is quite acceptable. It would be better to pay 5 percent and sleep well.