They don't know the importance of a open source wallet compare to binance wallet, I just recently found out that some people are into Bitcoin investment for a long time now, and they don't even understand that Bitcoin was never created to be put in care of any centralized companies.

I know a family friend in the U.S, he held all his XRP, NEO, and some top projects on Coinbase and this has been ongoing since 2019, I tried to tell him the different but he said it's easier for him to pu these assets in care of Coinbase, all he had on him was he trust Coinbase CEO, Brian Armstrong.

It's a big shame to witness how people are into Bitcoin for the money only and they failed to learn anything g about why Bitcoin even existed, anyone that understands why Bitcoin existed they will know what's wrong and what's right.

It is almost few decades that the digital payment have gained importance and made a big transition in the whole of financial system. An advancement won't be easily adopted to the persisting system into usage. Even after decades we were able to see good number of paper currency users who haven't used to digital payments. So, it is all about the people.

If I'm not wrong, when we think of making way for the usage of digital transition there is a need for proper awareness and education. This can't be done all of the sudden, and according to me it takes atleast few generations to have complete transition to digital money.

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The government of any country directs all efforts to maintain its national currency, over which they have full control. Since the government cannot control the cryptocurrency, they are following the path of issuing Central Bank digital currency, or CBDC for short, which they will fully control.

Electrum's tried and tested but sometimes it just fails and when it does it fails horribly, so take using Electrum with a massive hand of salt.

Although I would agree with the fact that Hard Drive wallets are still good when it comes to saving your bitcoins. Been hearing lately that Trezor's the king but Ellipal could be as good as it in terms of security, plus the recent debacle with Trezor just rids them of that hard-earned trust and respect their users had for them, so I don't think you should dabble with this one too at least for now. Jade Wallet's great, when it comes to cost efficiency, and then Passport but that one's expensive with less features but the security I must say is top-notch.

Are meme coins future stars, or just clowns in the crypto circus? SHIB and PEPE have reveled in attention, thanks to online cheerleaders and celebrity mentions.

However, should we bypass the implications of these market swings? Crypto, like all markets, is ruled by supply and demand. The frenzy around these tokens, while gripping, lacks longevity in value. Isnt real worth born from use and uptake?

Positive strides like SHIB's Shibarium, indicating a push towards value creation, are laudable. Yet, in the sprawling crypto territory, constant novelty is survival. While meme coins offer amusing diversions, let's make our investments based on meticulous research and astute analysis

The possibility of a devaluation of the US dollar due to high debt levels and an increased money supply is a concern. Factors such as government debt, monetary policy, and the money supply can affect the value of a currency. Although the US dollar can depreciate against other currencies, the magnitude and timing of such changes are difficult to predict with precision. Currency valuations are affected by a multitude of factors, including economic indicators, geopolitical events, investor sentiment, and central bank policies.

Some currencies, like the Russian ruble or the British pound, have experienced devaluations in the past, but that doesn't necessarily mean the US dollar will follow the same path. So when it comes to cryptocurrencies, such as Bitcoin, they operate independently of traditional fiat currencies and central banks. While they can be influenced by macroeconomic trends and market sentiment, their value is driven by many factors, including supply and demand dynamics, technological progress, developments in regulation, and investor acceptance.

USDT was based on the Omni Layer^[1], which was working on as Bitcoin layer, but USDT-OMNI *died* because of transaction fees, trying to build any blockchain on top of Bitcoin means that more fees will be lost as transaction fees, and building on top of the Bitcoin network is not considered an advantage for stablecoin because the most important thing is not a guarantee The transactions are final, but in ensuring that the value of stablecoin is linked to one dollar, which is something that does not happen like this.

One of the smart solutions was in Luna, which unfortunately ended with the death of the project, which would make many people fear development in this direction.

inshort, BRC-20 stablecoins is not the next big thing.

[1] https://www.omnilayer.org/

Never speculate what will happen at this time but think about what will we get in the future, for utility ALGO still promising but as statement by owner of ALGO they don't care about price they just focus on fundamental and creating more ecosystem and that statement same with ADA coin as long as ecosystem still create i belive price will follow of the growth their potential. Don't care about SEC lawsuit and the price if you entry at all time low u're still lucky compared with people who invest in ATH, maybe they still waiting for the next bullrun

Intriguing perspective on the BRC-20 situation! These tokens, are they not fleeting capitalist ventures? Yet, can we dismiss them, given their technological roots? And while some are quick money schemes, isnt it premature to discount them all? The idea of Stably expanding is noteworthy. Still, considering the behemoths of stablecoins, USDT and USDC, is it feasible? Bitcoins fees and confirmation times pose significant problems. The fall of Ordinals would indeed be a twist, but how would miners respond? With decentralization as our mantra, we await the outcome.

If bitcoin is worthless or zero then cryptocurrencies will end, everyone will no longer believe in cryptocurrencies and what will happen is chaos, those who can sell bitcoin to stable coins of course there is no guarantee that they can withdraw because of this big mess.

Quick profits from altcoins can be tempting, almost hypnotic. Yet, it's dangerous. Profitability from altcoins isn't a surefire outcome, it's more akin to rolling the dice, and the house, unfortunately, has a way of winning more often than not.

Comparing Bitcoin with altcoins is like comparing gold with fool's gold. Bitcoin, by virtue of its first-mover advantage, and well-established network, provides a relatively safer harbor in the tumultuous sea of cryptocurrency. Yes, the gains may not be as spectacularly meteoric as some altcoins, but the risk of total loss is significantly lower.

Altcoins, especially meme coins and those without concrete roadmaps or use cases, are wild cards. They're akin to hot potatoes, with people trying to pass them on before they get burnt. The euphoria of making a quick buck often blinds investors to the inherent risks involved. Crypto-millionaires might have been minted from altcoins, but let's not forget those who have been wiped out.

Oh well this is just another one of those big FUD days you know? Good time to short and buy low when you are doing DCA with BTC or ETH.

Let them be. Maybe we’re still in a big storm but it will come to pass. If the US are so strict regarding crypto, then Asia is wide open and the US SEC has nothing to do about it nor having the jurisdiction to stop these companies from operating elsewhere. 

Or maybe the US SEC boys out there are just doing it on purpose to manipulate the market and buy when the everything calms down. Hmmmm……

True, people only buy this to sell it for higher price. There's no utility or usability. All of things related to the meme coin was just pure speculation only. There are so many problems that exist in the market right now.
It seems like that if people were making the wrong choice by buying scam meme coin.

It’s a bit like the Gold Reserve Act of 1934, the US banned all citizens from owning gold. We’re not at a crypto banning stage at the moment but the US is starting to become hostile. They can’t stop bitcoin though & I think that’s why they didn’t come for it, they only came for securities. To try & ban bitcoin would make them look weak because they can’t do it. Bitcoin & many other coins will continue to flourish despite the US authorities best efforts to stifle innovation.

Impact of meme coins? None obviously.
Well, there are some meme coins are being used as a payment option in some websites or the like, some are being used for transaction purposes like DOGE, but aside from that, I don't see any use case of these coins, and so is impact.

Why people invest in these memecoins despite them knowing that the risk is huge? Trust. I don't know exactly why people are trusting these memecoins thus, supporting them and investing into it, but I believe that they trust the project that's why they're investing into it. Of course there's the profit on it as well, but there are also people who loves risk, and knowing how much profit they can get, they will surely invest into it even though the risk is very high. Meme coins are just a cash grab, and we know that for a very long time already. There were many meme coins that have been created in the last meme coin hype a few years ago. Most of them became a scam coin, some have been abandoned, and some might still be in development until now.

TBH, I don't want to generalize all meme coins because we've seen DOGE, SHIB, and now PEPE who are now in the top 100 in terms of market cap. I believe that in the future, more meme coins will be in the top for various reasons, but as for me, I will not touch any of these meme coins... or maybe DOGE only.

You can imagine if polygon being adopted as national currency and another news from SEC to crach down it will come. Polygon will be going down 50% and you can imagine how many poor guys will be there.

It's so stupid to take altcoin to replace the national currency which is always stable caused by it's backed by the economic from the country itself.

The Solana Foundation is not happy with the sec calling them a security. This is because they believe there is a use for the token and blockchain, receiving rewards, paying fees, and allowing users to compete in governance.

This same thing can not be said for other tokens in same categories for a security by sec.  https://cointelegraph.com/news/sol-is-not-a-security-says-the-solana-foundation

6 months ago, my savings went down because of the FTX debacle. I've never used FTX, I've never been a customer of this company, but my savings are in BTC, and because of that failure, BTC's value went down, and so went my savings.

Today, bis repetita. I've never used Binance. I've never been a customer of this company, but because the SEC sues Binance, BTC is down, and so are my savings, so I have a message to all bitcoiners out there.

Exchanges and BTC are 2 different things. One exchange going down doesn't mean BTC must follow.
Binance will disappear? I don't give a damn.

I hold Algorand and not sure if I should buy these low prices or just hold and accept its over ??

It is currently at its lowest price in 3 years and almost at its all time low.

The SEC labelling it a security has put a lot of fear into everyone.

Does it have a future or is it over?