Inflation in the economy has always been, is and will be. It plays both a negative and a positive role in the development of each country. For centuries, they talk about inflation, scare it and warn about the rapid collapse of the economy, but everything continues to work and develop. Therefore, nothing significant will happen at this time either. From time to time, problems in the economy of the state aggravate before the crisis, but then there is a renewal and further development. This cycle is indeed repeating itself.

CBDS are issued and controlled by central banks. This is a product of central banks and therefore CBDS cannot replace banks. CBDS traffic will need to be regulated. After all, this is the same fiat money, only in digital form. The concept of banks and their functions is much broader than just digital money. CBDS is just an improved format of regular money and nothing will change significantly from their appearance.

It is too early to say that we have emerged from a short bear market. The bitcoin price is still jumping a lot. So, when I entered the CoinMarketCap table this morning, the price of bitcoin was $ 34,502, now it is $ 37,030, tomorrow everything can happen again. It is difficult to determine in which direction the bitcoin price will move. It is even possible that at these prices we can get stuck for the whole summer. However, in any case, in the fall, I expect the next period of the bull market with new price records.

Yes, last year I bought over a dozen ethereum for $ 230 and am now happy with my purchase. However, it is unlikely that this coin will drop so low in price in the near future.
When bitcoin and ethereum recently set their price records, many promising altcoins also rose decently in value and there was a lot of talk about it. Now, when altcoins have seriously fallen in price, what to say about it. We hope that although this is a long-term price correction, it is still a correction and the market may soon recover. After that, we'll talk about altcoins again.

Most likely, the transaction fees on the ethereum network dropped to several dozen GWai due to the general drop in prices in the cryptocurrency market. The price of erc-20 tokens fell very much, it became unprofitable to sell them and the load on the network dropped sharply. In addition, reducing the price of ethereum by almost half also contributes to lower transaction fees. Although this is not a solution to the problem as a whole, however, even such an improvement in the situation so far relieves tension in this network. Hopefully in July, following the London hard fork, low transaction fees will be the norm.

In practice, I don't see much difference between a deep and long correction and a bear market. The fall in the price of bitcoin from $ 60,000 to $ 30,000 is very impressive, especially since two weeks have passed since such a drop, and the price of bitcoin is now still at the level of $ 35,000. If the price of bitcoin does not recover in the next few weeks, then most likely this will not happen until the fall. I think that in this case, the next wave of cryptocurrency price growth can already be expected in the fall, from about October. How this period can be called - a deep correction or a bear market, does not matter much anymore.

Even the governments of some states are now using cryptocurrencies to circumvent international sanctions. Of course, some weapons are also sold for cryptocurrency. Therefore, Bitcoin and other cryptocurrencies cannot stop wars, they even contribute to them to some extent. The high degree of confidentiality and anonymity is perfect for this.

That is why the emergence of a large number of altcoins, and with the best functional indicators, strongly distract investors' funds and therefore the level of capitalization and dominance of bitcoin is falling. It is still difficult to say what this may lead to, but in any case it is not in his favor. Even if we take into account that 80 percent of all altcoins are useless, the process of their development is still going on, and at a fairly rapid pace.

Of course, there will always be states and various free zones that will allow cryptocurrency mining. However, even if the mining of bitcoin is completely banned everywhere and suppose that there is not even any other opportunity for its mining, it still cannot destroy bitcoin. More than 18 million bitcoins out of 21 million have already been mined. As a last resort, we can already do without mining the remaining three million bitcoins. However, people will always find a way to mine it. So I don't think this is a problem.

The fact is that in Russia the laws apply only to ordinary citizens. The current authoritarian government is trying to keep its citizens under universal supervision and control, and therefore any financial freedoms, as they threaten to overthrow their regime, are suppressed. Reflections at the level of individual legislators that it would be logical to provide for the possibility of using cryptocurrency as a means of payment in internal contacts, if both parties agree to this, are practically irrelevant, because they absolutely do not solve such issues.
Evasion of international sanctions with the use of cryptocurrency is probably taking place in Russia, but such decisions are made secretly and at the highest level. It is for the citizens that there are laws, but for the higher officials, the laws are not written, they do everything that they consider necessary and never look at the laws they themselves adopt. So the existing disenfranchised position of Russian citizens may remain.

The issues of conducting KYC have remained largely unregulated so far. While everything is clear with regard to government agencies, they must have clear rights and obligations in accordance with local laws, in relation to commercial organizations, this is still the "wild west." They conduct KYC at their own discretion, and at their discretion, they will request the amount of confidential information provided to them. They have no idea what to do next with such information, where and for what period of time to store it and how to use it. Overall, this is very dangerous. Therefore, such passages of KYC should always be avoided.

 Mixing will always be under the scrutiny of governments and their regulators, as these services are used by those who do not want to leave traces of their transactions, which means that governments will always have reason to believe that such services are being used for illegal purposes. Therefore, it is they who, first of all, will experience constant restrictions, and possibly a ban on such services. However, it is always interesting to watch the opposition of craftsmen and regulators from governments. It will be a long confrontation.

In this situation, miners simply should not rely on governments, but install their own power plants on solar panels with a minimum capacity of 3-5 kilowatts, or more, if necessary for the farm. Why ask governments for energy to mine cryptocurrency, if today you can even install similar power plants on the roofs of your houses without any problems? Perhaps the issue of energy consumption by miners should already be raised at the government level and solved using renewable energy sources. Then the problem will be solved once and for all.

Cryptocurrency capitalization is not yet large enough to have a significant impact on the global financial system and pose any threat to it. This has already been stated many times by various gatherings of representatives of states, including the G20 countries, as well as specialized government bodies, as was the case recently in the United States. In addition, cryptocurrency is practically not connected with the economies of states, and therefore cannot cause a global economic crisis. Such claims have no economic basis.

From time to time, news comes from China about the problems of miners with bitcoin mining in this country. Moreover, this has already been happening since 2017. Let it be better that mining is really completely banned there so that there is no such constant negative information. In my opinion, then it will become much easier. Bitcoin mining will still take place in other countries. Therefore, you should not worry about it.

At that time, I also thought about this issue and did not dare to sell my ethereum in the first half of May, when the price of this coin rose to $ 4,000 and above. We hoped that the price would continue to rise for some time, but the fall, as always, was quick and sudden. Now we would be able to buy the same ethereum at half the price.
At the same time, I was personally restrained from selling this coin by the expectation of its price growth due to the introduction of the next stages of updating its network, which should take place in July and October. Well, I think that we will still get our profit a little later.

Until you have lost anything. You just watched how the price of cryptocurrency first rose and then fell and did nothing to fix your profit. The basic rule of making a profit in this market is to sell at the peak of the price and buy when it falls. To make a profit, you need to perform certain real actions. In this situation, it is already necessary to expect the next wave of price growth. However, when this will happen, no one knows.

In fact, these measures will mean that strict regulation of the cryptocurrency market is being established so that the price of cryptocurrency does not fall, but only grows. However, this will no longer be a free market. In the market, the price should be formed freely due to the relationship between supply and demand. This is the main condition for all normal markets. If it is violated, it cannot lead to anything good. Therefore, such a proposal is actually unacceptable for the cryptocurrency market.

I think that in general, the topic of using cryptocurrency for mining is more due to electricity, which will be produced from renewable energy sources, in principle, it is necessary and timely. Of course, if only it did not rise deliberately to damage the image of the cryptocurrency market. After all, our safe existence on this planet on a global scale is much more important than even the existence of the cryptocurrency market. After all, if there are no people on this planet, then the cryptocurrency I will disappear. Therefore, miners need to pay considerable attention to this topic and make efforts to ensure that energy for mining is used from their renewable sources.

It's time to understand that the states and their bodies are not interested in the growth of the cryptocurrency market. In fact, the rise in the price of bitcoins prevents them from pursuing their financial policies, and therefore they will not do anything to support the cryptocurrency market.
And they shouldn't interfere with this market. It can do without government funding. It has its own periods of rise and fall and to interfere with this natural process, this means artificially disrupting this normal process, which can cause negative tendencies in the future.