https://www.nbcnews.com/business/consumer/federal-reserve-launches-fednow-instant-payment-service-bypass-venmo-p-rcna95380

The U.S. Federal Reserve has launched a long-awaited service which will aim to modernize the country’s payment system by eventually allowing everyday Americans to send and receive funds in seconds, 24 hours a day, seven days a week, the central bank announced on Thursday.

Seems like this could be a good thing for people living in the USA. If I could send money using this thing internationally to anyone why would I need bitcoin?

As much as I like bitcoin but it is not yet ready for mass adoption, the price of it is too unreliable for such a large long term commitment like what BRICS countries are making. Imagine if you buy a million barrels of oil (what oil tankers usually carry) worth $80 million in bitcoin and the price drops by 10% which is a normal thing in bitcoin. That is $8 million loss. That's not favorable.
However a centralized currency created and controlled by them is a lot more reliable because they dictate its value (exchange rate) so it can be kept fixed.

At this point bitcoin is good for small size trades and as a small portion of the reserved assets of the country.

Bruh. High transaction volume doesn't mean that price will go up. I like LTC because of low fees, and fast and secure transactions. I think most people use it because of this, not because they're buying and holding it.

They can all only stifle crypto, not kill it. In the end they will all have to bend the knee or get left behind by other, more forward thinking, innovative nations. The US has done its best to keep the ball pushed under water but in the end, just like with that scenario we all know what happens. Crypto is going to play a huge part in the future of finance whether governments like it or not.

BNB isn't a currency, it's a token used on the Binance blockchain and has other utility on the Binance exchange like been used for payment of fees when trading and used for buying of launchpad tokens that can give you big profits when they get listed. I'm interested in investing in BNB but I won't be investing right now because of the SEC investigation against them.
The SEC has been trying to get Binance exchange and I think they'll get them one day and that'll affect the price of their tokens. Binance exchange has avoided the SEC but I don't think they're totally clean. We have dirty secrets and I think Binance exchange has theirs as well and when the SEC finds them they'll come hard on the exchange and it would drive away investors.
I thought Binance coin would fall as others tokens did fall but it hasn't done so and it makes me think the price of the tokens is been manipulated. My buy target is around $150. I still have my buy orders at the price and hoping it gets filled before the halving of Bitcoin rewards get completed next year.

     -   For me, staking is bad as long as the crypto you use for staking is right. For example you want to stake Bitcoin, in this matter for me it is okay and correct. but if you do staking with other altcoins, the risk is quite high compared to Bitcoin.

that's why it is necessary to always be careful not to hesitate our capital that will be used here for staking. unless you are really sure about the cryptocurrency you are going to stake. So always be cautious.

After Ripple won their case against the SEC, it appears there are presently some new questions on how can uncle Gary go after Coinbase and declare it as an illegal secutities exchange when the SEC approved the exchange to have an IPO in the Nasdaq. If it was approved to become a public company offering shares in a traditional exchange, then it should imply that the SEC considers it a legal business.

The SEC might lose another case hehehehe.

As it has been discussed several times, supply is not the only factor to move the price sometimes, even if the supply is limited, the price will remain constant. Therefore, LTC block reward halving is a variable in supply, not demand.
Demand may increase in the short term, but I bet it will not last for more than 6 months, and then halving will not have an effect.

Kinda cute, that shiba always looks cuddle-worthy.
However why is there a genereic ETH logo on the other side? Kinda random and I don't see the connection to Dogecoin at all.
Not familiar with mini-brands - it's similar to a kinder suprise egg?

Processed

The purpose of using Bitcoin as a currency is as an alternative when there are restrictions, or economic embargoes on the part of certain countries carried out by certain authorities (US, European Union, IMF, World Bank, etc.). For example:
1. Countries that have an economic embargo so that they cannot access certain currencies in trade transactions.
2. Companies/entrepreneurs who have strong political opponents. Political opponents in power try to block access to international and domestic trade transactions. So companies/entrepreneurs use Bitcoin as an alternative transaction tool.

Then, the question is whether Bitcoin can become a world currency one day.
In my opinion, this is influenced by the law of Action-Reaction. The bigger the Action, the bigger the Reaction. The greater the action of political pressure, economic sanctions/embargoes, including geopolitical wars against certain countries, the greater the global reaction to using Bitcoin of its kind as currency. The greater the threat of global rulers to the freedom (freedom) of companies/owners of capital, the more fearful they are of trying to defend "life" with Bitcoin. Besides, the price of Bitcoin is very expensive, poor people can't buy it and I also don't think Bitcoin can balance the poor and the rich.

What are we even discussing here? Coins named after dogs and frogs? Go back to the basics, shall we? Bitcoin, the one that started it all, is where the real action is. It's the Lewis and Clark of the digital frontier, not these copycat "memes".

While its true that Dogecoin made a name for itself as a joke that went mainstream, its disheartening to see other joke coins trying to ride its coattails. To the people who are buying them, I ask - dont you realize you're dancing on a ticking time bomb? As you said, they're "fool's gold" - shiny on the outside, worthless on the inside.

Lets focus on Bitcoin and Ethereum - these are serious projects for serious people. They're like the adults in the room, while the meme coins are just kids throwing a tantrum. Just my two satoshis  

Keep in mind that they haven't "eliminated" dollar from their international trades, they have decreased its usage. For example China as the biggest bagholder of US debt has dumped $175 billion of it last year but they are still bagholding more of it.

As you correctly pointed out, this is a gradual move where every country goes through the dedollarisation process.

The 15th BRICS summit is going to be very interesting which will be held on 22 – 24 August (about a month from now) and some are saying the BRICS new currency will be revealed then. This could potentially have a significant effect on the ongoing dedollarisation around the globe.

Sir, why do you recommend SUI, they are very new and don't have a strong track record yet. Please explain so that we are here to know more or less the potential of this coin and not buy the wrong thing other than what you said above.

Almost this topic has been discussed extensively in this forum and there are more than 10 topics that you will find if you use the search feature.

Litecoin halving derived its value from the fact that it is similar to Bitcoin halving, but with a little comparison between the charts, you will find a big difference between them, as Litecoin halving does not carry any fundamental change in the price, just as happens with Bitcoin, even if we assume that they are similar, this change needs several months after halving, and then we may see the effect in the first quarter of 2024 and not August of this year.

The price of Litecoin follows the price of Bitcoin, and with the difficulty of breaking the level of 31,000 USD, it is likely that we will not see a change in the price of Bitcoin during the next 60 days, which means that the price of Litecoin will not change much during the next 60 days.

The Litecoin halving is an event where the block reward for mining Litecoin is cut in half. This happens roughly every 4 years for Litecoin, in a similar fashion to Bitcoin with the goal of controlling the supply of Litecoin—making it more scarce over time and potentially leading to LTC price appreciation after the halving event.

The last Litecoin halving occurred in August 2019. The next halving is slated to happen on 2nd August 2023. Typically, there’s volatility and uncertainty surrounding halving events as investors speculate on the impact to  supply and price. However, the effects of a halving generally play out over months and years after the event itself.

While the effects of halving are not always immediate, most traders are already exploring various means to accumulate LTC, leading to the increased demand of the token and LTC giveaway events like the one on Bitget, for instance. Leading to the question— Do you see a bullish trend as a result of the coming halving event?

Hi just new to here. I want to know what are the good altcoins that can be invest and forget until 2026. I'm currently thinking to spend around 600$ for altcoins. Right now I'm holding BNB & ETH only as altcoins. Don't say buy BTC cuz already have nice amount since 2010.

Is it good to invest in HOOk, SUI , ARB or ID altcoins? Since they are new just thought to give a try. Thank you

In most custodian wallets like trust wallet staking is available for most crypto currencies including trx.is it better to stake such a coin or hodl it