Mass adoption won't happen until regulators take over the entire industry and all supposedly decentralized protocols cooperate with regulators and governments. Until the entire industry is centralized, governments will not rest and will raid the industry, whether it's a service or cryptocurrency. A lot of decentralized and anonymous services have disappeared from the industry lately, some close down and then reopen, but with changed rules. KYC is becoming more and more embedded in the lives of crypto users.

This won't happen because miners and most of the community won't care. However, now is a ripe time to start creating forked shitcoins that disable the possibility of NFTs and other crap, and dumping them on exchanges like it happened with all the previous forked shitcoins (BCH, BSV and so on). And then someone will create forked shitcoins with even more NFT integration to dump them too. So maybe we'll see a repeat of the previous Bitcoin fork craze that created a lot of airdrops for Bitcoin hodlers.

You have understood correctly but when you are starting from the point that they should last forever, you have to adjust your expectations. Storing content in blockchain itself would be highly impractical, that's why people are buying data that can point to url etc. IPFS is pretty good solution to store the data.

Nothing lasts forever, especially not altcoins or tokens, nfts are no different from this. People are buying skins to games, those are only going to be valuable as long the game has players. Same goes with nfts, there is always a centralized element in crypto when you think about it, and that's the community. At any point they can just leave. That is true with every crypto currency out there. That point it doesn't matter where your picture or what ever is stored in.

There never has been any guarantees in this space. But if you pick a right community and right nfts you can be pretty sure that they last more than most altcoins.

Ser, with all due respect, that won't solve the problem. Because increasing the block size limit will just make the attack vector through Ordinals bigger. You know what they will do? Inscribe high definition videos of their dicks and doing farts, instead of just static dick pics and fart sounds.

Litecoin serves a greater purpose than other hardfork coins derived from Bitcoin. Many technical advancements are usually tested on Litecoin before implementing them on Bitcoin. Despite being a top CEO of Litecoin, he maintains a cordial relationship with the heads of Bitcoin and still holds a significant amount of Bitcoin. Moreover, Litecoin remains active on various social media platforms and has received several recent updates. These factors suggest that there is potential for Litecoin to experience significant market growth, making it a lucrative cryptocurrency.

I believe that this is only temporary, this shake in the cryptocurrency market and regulation will just on the early days, we all know cryptocurrency is still it's on the early days which for me, I agree with it. We can relate this to the early days of gold before.
Just think that we are now living now in high technology, and in our day-by-day lives we are always using technology, so think about Bitcoin and other cryptocurrencies.

Remember when Bitcoin could still be used to pay and be paid with? Those were the days...

@Abiky. Similar to the news article that I have shared before, president Xi Jinping wants China to be the leader in both information and blockchain technology. We can be quite certain that they have a roadmap for this going to 2030 already.

It is not only adoption where America is losing. America is also losing their blockchain developers to other more welcome jurisdictions hehe.



The U.S. is losing its lead in blockchain developers

Crypto and blockchain technologies are the next wave of the Internet, with the potential to fundamentally change money, the financial system, and the Internet more broadly. That the U.S. is losing market share in blockchain software development highlights the need for the country to take action to preserve its preeminence in financial markets and related technologies.

Source https://www.developerreport.com/developer-report-geography

It looks like the tables have turned, if we look at the current spam on Bitcoin blockchain. That's what Ethereum network has been dealing with since the Bull run of 2017-2018 and the problem has refused to vanish to this date

I think something needs to be done about the Ordinals or those so called BRC20 before things go awful on the oldest and most decentralized blockchain network..

I'm new to the crypto scene, and I've been trying to learn as much as I can. Your post caught my attention, and I think you're right about Litecoin being under the radar. I agree that they should work on their promotion and get more people to talk about them.

In terms of price predictions, it is difficult to predict the future performance of any cryptocurrency with certainty. The price of Solana and other cryptocurrencies is influenced by various factors such as market sentiment, adoption, and competition. Some analysts and experts believe that Solana has potential for growth and may see significant price increases in the future, while others remain more cautious.

@Abiky. What much of these cryptolovers who are arguing for regulations ignore is that regulations might threaten one of the basic innovations that the cryptospace has given us and this is the the self custody of our digital wealth.

If regulations are imposed, this implies that all coins and tokens are securities and must be registered with the SEC. This will cause a few problems because under those regulations there should be a custodian, a transfer agent, it will need certain reports, disclosures and all these other documents required by the SEC.

These requirements will also make us pay more fees to the custodians and the transfer agents.

There is also the accredited investor rules which might exclude people who are under a certain salary bracket from investing freely in the cryptospace. This will not encourage the innovation in forming community shared projects similar to what we are witnessing today. It will be very much similar to nothing we presently have in the cryptospace.

CZ, we support your use of decentralization to evade everything that you need to evade hehehehehheee.

If a government doesn't ban bitcoin usage at all I see no worries if it can see any transactions. Why I see bitcoin mixing important is to hide my transactions from different kind of bad actors who can trace my transactions and take bad action against me. Even if now all I have is very few to have an interest in me bitcoin can go up and situation can change. I prefer less people know anything about my money. But I don't think any can hide their money from gov as gov has enough resources to trace everything in blockchain if they want.

One option to consider is to store stablecoins in a hardware wallet like Ledger or Trezor. These wallets offer a high level of security and protect your coins from potential hacks and cyber attacks. It is important to make sure that the hardware wallet supports the specific stablecoin you are looking to store.

Flash drives without built-in security mechanisms are particularly vulnerable to hacking, data breaches, and limited lifespans that can quickly result in data damage or loss, which is the fundamental reason why conventional flash drives cannot contain bitcoins.

It is better to keep quiet about your wallet because there is no need for someone to come into your room to look for something unless you are the one who sparked their curiosity. I prefer writing the seeds down somewhere safe because I am a very private person and use my room alone.

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