The SEC won't succeed because there are powerful forces at play. It's not about Bitcoin, but rather crypto as a whole. There are a lot of investors with money placed on alternative blockchain networks. Crypto exchanges certainly won't give up without a good fight. I'd suggest Coinbase to team up with Binance just to take the SEC down.

I know many altcoins are centralized, but there are a few hidden gems that are really worth our time and attention. I think the SEC doesn't understand the difference between a truly-decentralized cryptocurrency and a centralized one. If it did, it would've only classified centralized coins as securities. Congress did question Mr. Gensler a while back, so let's hope he is removed from office for the good of the crypto industry. Who knows if the US will reemerge as the leader of crypto/Blockchain in the future? Just my thoughts

You're right about that. I won't be able to find small businesses and/or merchants there. But thanks anyways. It's good to know that there are plenty of big companies supporting the cryptocurrency. Maybe the list will grow in the future as Bitcoin becomes more popular?



Yes. I've figured the only way to buy low-value items would be through the Lightning Network. The high on-chain fees will make you lose a lot of money in the process. It's really not feasible. I can't figure why adoption for the LN is still low when it's been around for a few years now. Maybe because it's more difficult to use? Let's hope BTC reaches a new ATH so more merchants and/or businesses join the game.

Only a hyper-inflated USD will make this happen. But I don't see this happening now or in the near future. We're probably centuries away from seeing 1 satoshi being worth $1. Neither you and I will be alive by the time that happens. If BTC goes to $100m earlier, then that means something terribly wrong happened with the USD. A total collapse where there's no chance of a recovery. Who knows what the future holds for Bitcoin as an alternative to existing Fiat currencies? Just my thoughts

Do you know of any restaurants and/or supermarkets in the US and abroad that sells food for BTC? It would be nice to avoid Fiat altogether and use BTC to buy our life necessities. The only place I could think of is El Salvador with its acceptance of Bitcoin as legal tender. It's likely every merchant and business there accepts BTC as payment method. I don't know about the US and developed countries. Could someone enlighten me? Thanks in advance.

The minimum TX fee for Bitcoin is one satoshi. Now, imagine if market prices keep going up until 1 BTC is worth $100m. This means 1 satoshi will be worth $1 (USD). Do you think there's a possibility this will happen in the future? If Blockchain capacity remains low, this could be a real pain in the head for the average person using BTC on a daily basis. I know such a prediction is insane, but if there's one thing I've learned about crypto is that nothing is impossible.

Thoughts?

@Bullion-n-BTC I've paid for one silver coin a few days ago. Please check your PM. Thanks.

I've read somewhere that the US proposed regulating "De-Fi" protocols. It wants to treat them as "Ce-Fi" by requiring developers to implement KYC/AML rules. This means you as a user will be forced to verify your ID to use a decentralized lending protocol, staking service, or even an exchange such as Uniswap or Pancakeswap. Would you imagine this becoming a reality in the near future? It would be disastrous! This would greatly defeat "De-Fi's" true value proposition which is eliminating the middleman from the system.

With the way "De-Fi" was designed, I hardly doubt the US government will be able to succeed in its efforts to regulate it for good. But knowing that they did sanction a decentralized mixing software like Tornado.Cash, tells me that we should not underestimate the government.

What are your thoughts?

In some sense, the SEC has a point. Nearly every cryptocurrency is centralized, which makes them a security in the eyes of the regulating entity. If exchanges only provide trading services for Bitcoin, wouldn't that make the industry more decentralized? It's certainly good news for Bitcoin maximalists. But bad news for the cryptocurrency itself as it will increase on-chain activity. Having a single Blockchain for everything is not scalable.

If the SEC succeeds, all crypto exchanges and/or companies will emigrate from the US. It's likely Hong Kong and Dubai will become the next crypto hubs, leaving the US behind in the dust. Coinbase has a lot of economical power, so let's see if it manages to defeat the SEC in the long run. Who knows what the future holds for the industry in the US? Just my thoughts

I admit TRON is a failure, but that doesn't mean it's a scam. All that Justin Sun did was shill the project across social networks for his own benefit. His efforts were in vain because TRX never reached $1. It's always been cheap. As far as tech goes, the TRON blockchain was built based on both Ethereum and EOS' design. It uses DPoS as its consensus algorithm alongside a virtual machine which resembles Ethereum's EVM (called the TVM).

A long time ago, Justin Sun published the TRON whitepaper which was an exact copy of ETH's whitepaper. Vitalik Buterin accused Justin Sun of "plagarism". It's likely TRON is a direct copy of Ethereum with a few minor tweaks. While there are stablecoins built on top of the TRON blockchain, there isn't a variety of dApps to choose from. Competitors are faring better in this regard. Who knows how long TRON will last? Just my thoughts

What should we expect from the halving? Nothing. All I see is hype all across the crypto/Blockchain space. Prices will rise albeit for a short period of time. For Litecoin to become a valuable cryptocurrency, it's going to need to do a lot more than just cut its reward in half. It needs innovation. Something that would attract the masses and keep them from moving away to competing blockchain networks.

Between BTC and LTC, the only difference is the supply, the PoW algorithm, block time, and the Mimblewimble privacy protocol. Perhaps, adding smart contracts functionality to LTC would make it rise all the way towards the top 5 ranks in market cap. After all, investors are deeply interested in all things "De-Fi" (NFTs, smart contracts, tokens, etc.). No one can predict the future, so lets hope for the best. Just my opinion

Not exactly. Burning only helps if the supply isn't huge. For a token like Shiba Inu, it's going to take a long time for us to see positive results. The circulating supply is still enormous. You need to keep in mind that burning is not a guarantee a cryptocurrency or token will become very valuable in the future. I've seen some coins with a burn mechanism, only to be worth a few cents in USD. That's because they lack mainstream demand compared to other players with a higher supply.

It's all about utility to make a coin preserve its value for generations. At least, Shiba Inu is off to a good start. Who knows if the constant burning of tokens will propel SHIBA to $0.01 in the future? Just my thoughts

China may have launched its own CBDC first, but that doesn't mean it'll beat the US in the long run. It's a communist country after all. Capitalism always prevails, so it should only be a matter of time before the US becomes the leader of the crypto/Blockchain industry. That is if Congress gets its act together by revising existing crypto regulations. We all know how hostile the SEC has been against the industry lately. China is trying to gather the attention of mainstream investors by embracing crypto through Hong Kong. I'm yet to see whenever its efforts will be a success or a huge failure.

The UAE is also trying to get into the game by making Dubai the world's next crypto hub. It's survival of the fittest. Whichever country becomes the leader of all things crypto, will rule the world. We'll see what happens in the future. Just my opinion

$20 is still a possibility. Just wait until BTC goes to $1m, and MATIC will never be cheap again. There are a lot of partnerships, while projects are being built on top of the Polygon chain like there's no tomorrow. These are signs that adoption for the cryptocurrency is high. Demand comes hand-in-hand to that.

If many smart contract platforms reached the "double digits", why can't Polygon (MATIC) do the same? After all, it's based on the same tech as ETH. Only with a few minor tweaks meant to improve scalability. This makes the Polygon chain blazing-fast and dirt-cheap for day-to-day payments. Who knows if buying MATIC at a low price now will leave you with plenty of cash in the future? The sky is the limit to how far the cryptocurrency will go. As long as you don't go crazy putting all of your life savings into it, nothing should stop you from achieving your dream of becoming a wealthy person in the future. Just my thoughts

I don't think quantum computers will "break" Bitcoin. Developers will introduce a quantum-resistant algorithm before quantum computers become a threat to the Bitcoin blockchain. It's very likely the community will approve such a decision as it's in everyone's best interests. With how solid BTC is right now, I wouldn't expect it to dip in price now nor in the distant future. The only way it could fall to $1 is if there's a full-scale nuclear war or the whole Internet is shut down for good. We may be decades or centuries away from seeing this become a reality.

If you've missed the "Bitcoin train", there's still an opportunity for you to strike it rich in the future. Go check out altcoins to see what I'm talking about. Most of the new ones begin trading at cents of a USD, only to end up being worth hundreds if not thousands of dollars (USD) in an instant. There's only one way BTC can go. And that's up. Who knows if BTC finally goes to $1m? Just my opinion

It may only be a prototype of what's coming next. By all means, the US is serious in launching a CBDC of its own. Especially when China was the first one to do this. Whenever the Federal Reserve's new money system will use a Blockchain or not, it's yet to be seen. I really don't think it can be called a "Blockchain" because of its centralized design. More like a "digital ledger" controlled by the hands of a few. A better term for it would be Distributed Ledger Tech (DLT). This new system will give the US more power than it already has by allowing it to track and trace transactions at will. It'll be possible to manipulate the supply easily without having to go through the process of printing new banknotes/coins.

BTC won't be affected by FedNow thanks to the way it was designed. With how keen banks and governments are on retaining control of the world's economy, don't expect BTC to take over existing Fiat currencies anytime soon. It will remain an alternative to Fiat forever. I'm fine with that as long as decentralization wins in the long run. Just my thoughts

And that will never happen unless developers change the code and the community approves it. We all know how Bitcoin SV's attempts to do this turned into a huge failure. It's simply not worth doing this. By increasing the circulating supply, you're essentially removing value from the market. You can see why Satoshi always said that lost Bitcoins are a donation to the community.

I'm fine with BTC just the way it is as long as it remains decentralized and censorship-resistant. That said, it's up to you to take responsibility by preventing the loss or theft of your BTC. Who knows if the number of lost coins is reduced over time? Just my opinion

These are exciting times for Litecoin. The halving is only one day away, so we should expect prices to "pump" soon. Now it'll be up to developers to introduce something new and fresh that will keep LTC pumping for a long time. Otherwise, the hype will fade quickly after the halving. After all, there are many competitors on the market striving to reach the top.

I'm waiting for the day when LTC becomes one of the top 5 cryptocurrencies in market cap. It's way below newcomers into crypto such as BNB, ADA, and SOL. If LTC does make a comeback, don't expect it to be worth below the "triple digits" ever again. Maybe $1k per LTC will be possible someday? Just my thoughts

ETH will surely become something huge in the future. With network upgrades bound to increase the Ethereum blockchain's capacity, we should expect market prices to go all the way to the moon real soon. It's no secret ETH has first-mover advantage over its competitors. After all, "De-Fi" and NFTs wouldn't had been possible without ETH. A market price of $2k per coin is nothing considering that there's more to Ethereum "than meets the eye".

If all goes well, we should see ETH hitting north of $5k in the future. The sky is the limit to how far will the cryptocurrency go. As long as you don't invest more than what you can't afford to lose, there should be nothing to worry about. Just my thoughts

I think the risks are much higher with traditional gambling, than crypto itself. The latter is often considered a long-term investment that will generate huge returns without much effort. It's like stocks only that prices fluctuate at a much higher rate due to the availability of crypto trading (24/7) and small liquidity. For some reason, the UK government is classifying crypto as gambling. By not treating it as a currency, UK citizens will be forced to pay taxes on every transaction. I'm not surprised about this, especially when most governments are against the revolution.

We should expect further misinformation and opposition down the road with the intent to minimize crypto's presence in the mainstream world. Who knows what the future holds for crypto/Blockchain tech? Just my opinion

It's all a matter of what's best for the government. Gold mining may be environmentally-harmful, but governments aren't against it because of the benefits the precious metal provides. They are against Bitcoin because they don't like its decentralized and censorship-resistant design. They believe people are going to stand against Fiat currencies in favor of a currency they can't control or manipulate. It's this reason why there's a lot of FUD circulating around the web and the real world.

BTC won't be going to zero, simply because there's a lot of demand for it. The supply is limited, while money keeps flowing as usual. With big companies getting into the game, don't count on Bitcoin losing its value anytime soon. Who knows if it lives alongside Gold for generations? Just my thoughts