Exactly. Fiat is Fiat, while Bitcoin is Bitcoin. You can't compare both of them because they're completely different things. Comparing BTC vs Fiat (USD, EUR, YEN, etc) would be comparing apples vs oranges. We all know Fiat will always be centralized, no matter how governments wants us to believe otherwise. The launch of CBDCs will only remove paper money from circulation by putting the mainstream economic system into the digital realm. But that doesn't mean Fiat by itself will become decentralized. On the contrary, CBDCs will enable greater centralization as they will allow governments and central banks to have a full scope over people's finances. Not like paper money where transactions are performed from one person to another without leaving any trace.

When the Digital Dollar comes, we should expect everything else to remain the same. Decentralized cryptocurrencies, on the other hand, will continue to improve and reach a wider audience in the future. They will never go away thanks to the way they were designed. Considering that crypto has come a long way since it's inception, it's likely it will live alongside Fiat for generations. Who knows how a full-fledged cashless society will look like in the long run? Just my opinion

Besides the fact that Fiat is centralized, its supply constantly grows over time (something known as inflation). Bitcoin is the opposite of this, by not only being a decentralized cryptocurrency no one can stop, but also being finite by design (deflationary). Satoshi made sure to create Bitcoin a unique kind of cryptocurrency, unlike anything we've ever seen before. We can never expect governments to ditch Fiat in favor of Bitcoin, especially when all they want is control over society. Without control, it would be complete chaos (according to them).

I'm fine with Bitcoin being an alternative than a replacement of Fiat as long as it fulfills its purpose in the real world. If things go on as they should, we should expect Bitcoin to live alongside Fiat for generations. I'm pretty sure most (if not all) countries will adopt Bitcoin as a secondary means of payment (legal tender) in the future. Who knows if we'll become rich by being early adopters of the revolution? Just my thoughts

You've got that right. The FTX collapse is no different than the Mt. Gox collapse, in the sense that it destroyed investors' credibility into crypto for a short period of time. When this happens, market prices fall all the way down the drain at a very fast pace. Most people eventually sell their crypto holdings due to fear, uncertainty, and doubt. But strong hands will buy more coins and "hodl" them no matter what. As with any undesired event in the crypto/Blockchain space, governments take action by tightening regulations in order to bring more legitimacy to the same.

I don't think this is the end of crypto, because the space is constantly being developed and maintained as we speak. There are a lot of companies showing interest into crypto/Blockchain tech, so it's likely the industry will emerge stronger in the future. If history repeats itself, we will see a resurgence in crypto market prices within the not-so-distant future. Who knows if taking advantage of the FTX collapse would lead you towards untold riches in the long run? Just my thoughts

I don't think governments will dare to launch their own digital currencies on public blockchain networks, especially when such networks are decentralized. They'd probably want full control over the system, so it's likely they'll create a so-called private "blockchain" network of their own. Considering that most (if not all) popular cryptocurrencies we know and love today are open source, governments could simply use their code to help achieve said purpose. It should only be a matter of time before privately-issued stablecoins die, paving the way for central banks to launch CBDCs at full force. It really doesn't matter what they will do in the long run, as long as we have decentralized alternatives to Fiat such as Bitcoin and Ethereum.

Fiat will continue to evolve, as it adapts to the latest trends in technology. But that doesn't mean it will destroy crypto for good (or vice versa). Crypto has come a along way since Bitcoin's inception, so it's likely digital Fiat currencies (CBDCs) and decentralized cryptocurrencies will co-exist for generations. Who knows how our society would look like with these kinds of intangible currencies at play? Just my opinion

Of course. But even if all of the world's countries adopt Bitcoin as payment method, that doesn't mean Fiat will disappear from the face of the Earth. That's because governments won't surrender their control over the way we use money anytime soon. If Bitcoin becomes adopted worldwide, it will live alongside Fiat for years to come. I'm fine with that as long as people have an escape route from the current monetary system controlled by central banks and governments alike.

The more governments adopt Bitcoin, the easier it becomes for you to live solely on crypto. El Salvador was the first country to make the move, so we should expect other countries to follow soon. If Brazil's President signs the bill, then it will mark history as the first South-American country to adopt Bitcoin as legal tender. Let's see how everything will unfold as Fiat continues to lose traction in the mainstream world. Just my thoughts

Bitcoin will never become a world currency simply because it's decentralized by design. Governments won't easily give away their control over Fiat for something they can't control. If they adopt Bitcoin, they will use it alongside Fiat (not as a replacement of Fiat). I'm fine with that as long as Bitcoin works as intended. Who said Bitcoin needs to become a "world currency" to succeed? The Internet is already global, so technically, Bitcoin can be used anywhere in the world without restrictions/limitations whatsoever (yes, even in oppressive countries like China and Russia thanks to its decentralized and censorship-resistant design).

We should expect constant opposition from central banks and governments against Bitcoin simply because it gives people the ability to experience true financial freedom. I wouldn't care about this, as long as the blockchain protocol remains decentralized. Who knows if Bitcoin lasts for generations? Just my opinion

Yes. I still believe in decentralized mining. While centralized mining pools have take over the Bitcoin blockchain, there are some solutions available to help make mining as decentralized as possible (stratum v2 mining protocol, betterhash, P2Pool, etc). I think this would work better with CPU-mineable coins since they're highly accessible to everyone. All it takes is for developers to push decentralized mining solutions for the community to adopt them.

As for coins that can be mined with HDDs, I don't think there's going to be a bright future for them. As many have mentioned, HDDs cannot be resold on the market unlike ASICs, GPUs, CPUs, and FPGAs. That's because nobody buys them due to loss of the storage medium's reliability, among many other things. It's why HDD-mineable coins like BURST and CHIA will only become a niche in the long run. At least, we have a variety of mining algorithms to choose from. As long as decentralization wins, there should be nothing to worry about. Just my thoughts

Bitcoin was designed to be a deflationary cryptocurrency, so technically speaking, it should go up in price over time. But that doesn't mean there will be setbacks along the way. There will be times where prices will go all the way down the drain due to unfortunate events in the mainstream world. That's the right moment to invest into Bitcoin before everything goes back up again. If you're smart, you'd buy and "hodl" until the tide is over. Weak hands (especially newbies) will ultimately sell their Bitcoin because they truly don't know how the crypto market works. At least, we know Bitcoin won't be going anywhere soon. Who knows if 10-20 years into the future, Bitcoin reaches $1m per coin? Just my thoughts

The halving is the only hope we have to see BTC reach a new ATH in price. But that would be subject to global economic conditions. If the global economy worsens by 2024, don't expect Bitcoin to go higher in price anytime soon. We're going to have to wait and see for how long central banks will keep raising interest rates. I'm pretty sure they won't be increasing rates forever since that would cause severe pain to the economy. Once they stop increasing rates (especially The FED), then it's likely the crypto market will turn bullish.

I'd suggest anyone to buy more Bitcoin when the market is in a downslide, to accumulate as much profits as possible when everything goes back up again. This is a once-in-a-lifetime opportunity to become filthy rich. As long as you don't put all of your life savings into Bitcoin, you'll have nothing to worry about. Just my opinion

Bitcoin is following the stock market because it's still not mature enough in the mainstream world. The new asset class (crypto) is only 13 years old, compared to stocks and even Gold. It's going to take quite some time before Bitcoin's market prices move independently from stocks, and even become immune from central banks' monetary policy changes. Once that happens, Bitcoin will be able to become a true store of value.

As for Elon Musk, no one really cares what he says (except newbies). He often "shills" cryptocurrencies to "pump" prices for his own benefit. But he isn't an expert or veteran in the crypto/Blockchain space. People should do their own research to determine whenever an specific cryptocurrency is worth the investment or all the other way around. While I'm pretty sure BTC's price will rise over time, that doesn't mean there won't be setbacks along the way. Prices will go down sometimes due to unfortunate events in the mainstream world. It'll be up to you to buy BTC at cheap prices to sell it at a higher price once the market turns bullish again. Who knows when the crypto winter will come to an end? Just my thoughts

If only Bitcoin miners go "green", the EU would consider lifting its PoW mining ban. We need as much support from governments as possible for Bitcoin to reach the mainstream. At least, there's interest from major energy companies into making Bitcoin mining greener. With a lot of money involved in the mining industry, I don't think PoW will be going anywhere soon. I hope the US doesn't do the same thing as the EU, especially with its "climate change" agenda. Otherwise, pressure into making Bitcoin a PoS coin will increase. It'll be up to miners to take the step forward by using alternative energy sources that are carbon-neutral. Let's see what will happen in a few years from now when the global economy goes back to normal. Just my opinion

Bitcoin would still be able to survive a nuclear war due to its distributed nature. But the vast majority of the people worldwide won't use it because they will be thinking on how to survive. Food, shelter, and other life necessities will go above Bitcoin, Fiat, Gold, and anything else. While a full-scale nuclear war is highly unlikely, we should be prepared for the worse just in case.

If we're worried about Bitcoin's survival, then we could simply host nodes across space. Bitcoin could have nodes and miners on the Moon, as well as, Mars (if there's enough funding to make it happen). For what I know, the sky is the limit. We should enjoy Bitcoin while it lasts. Who knows what the future holds for the cryptocurrency? Just my thoughts

Miners are the ones who support the BTC blockchain. Without them, Bitcoin would simply die. And what better way to destroy Bitcoin than banning PoW mining with the excuse that it's "harmful for the environment"? Governments know they can't stop Bitcoin, so they're coming up with the "high energy consumption" narrative in order to prevent as much people as possible from using it. You can see how they've successfully forced ETH to turn from a PoW chain to PoS. The vast majority of altcoins are abandoning PoW due to fears of government scrutiny. It won't be long before the crypto space becomes extremely centralized, leaving us with Bitcoin as the only "truly decentralized" alternative to Fiat.

It's possible most (if not all) countries will ban Bitcoin because of the reasons mentioned before, but I don't think it'll be the end of the world. Everything will depend on how long Bitcoin will be able to retain its decentralized and censorship-resistant design. With many governments thinking about banning PoW mining, it's likely Bitcoin will be mined in secret for years to come. Who knows what the future holds for Bitcoin and the entire crypto/Blockchain industry? Just my thoughts

There are a lot of negative events in the real world that will ultimately push Bitcoin's price all the way down the drain (at least within the short term). If you've been into crypto for a long time, you'll notice that history has repeated itself. There's always a time where prices go all the way down the drain due to FUD and other unfortunate events. But Bitcoin always bounces back after a severe market "bloodbath".

I believe this is only an opportunity for you to buy more coins at a huge discount. Once everything goes up again, Bitcoin may not be worth less than $15k ever again. Who knows if making the right decision today would lead you towards untold riches in the future? Just my opinion

I think he means "Freedom" in the sense that people will get more privacy when trading crypto or making a payment with it. Unfortunately, regulations have forced KYC across centralized exchanges and wallet providers, greatly putting people's privacy at risk. Regulations stand against everything crypto was meant to achieve in the first place (which was cutting off the middleman from the system). I know many crypto proponents see regulations as a way to "legitimize" the industry since it would help attract investors into it. But I believe they will ultimately do more harm than good, because they introduce single points of failure.

Right now, the industry is a lot more centralized than it was before fierce regulations from mainstream governments were introduced. And things are bound to get worse due to the recent collapse of a major crypto exchange. Who knows what would be of crypto 10-20 years in the future? Just my thoughts

Paper money is great in the sense that you get privacy with every transaction, but it's definitely bad for the environment. Not to mention, governments spend a lot of money when printing bills and coins in the process. Having a full-fledged digital cash system not only eliminates the need for countries to print more money (sort of), but it also reduces waste (money would be digital after all). Like it or not, I think CBDCs will render paper money obsolete as the world transitions towards the digital era. The future will consist more of intangible objects than tangible ones.

You can see how decentralized cryptocurrencies and NFTs have become extremely popular these days. It shows us digitalization is unavoidable. Of course, it will take years before paper money is phased out for good since not everyone is used to making digital payments on a daily basis (think about the elderly). I wouldn't need to worry about CBDCs as long as I have decentralized cryptocurrencies (eg: Bitcoin, Litecoin) by my side. Who knows what the future would like with CBDCs and crypto in play? Just my opinion

I wonder if both China and Russia will constitute what would be called a "New World Order"? The West seems to be showing signs of weakness, so I wouldn't be surprised if this happens within the not-so-distant future. If democracy loses, then authoritarianism will reign supreme over world countries. Some say the US will collapse, paving the way for autocratic countries (like the ones mentioned previously) to take over the world. If this happens, then we will be nothing but doomed.

We'll see how long countries will keep funding Ukraine as inflation continues to soar like there's no tomorrow. It's likely they will stop supporting Ukraine in the future as they head themselves towards a tough financial situation. Unless the conflict comes to an end, we can't expect the global economy to show signs of recovery anytime soon. The future is widely unpredictable, so we can only hope for the best. Just my thoughts

Yes. But I'd prefer to pay in Bitcoin just to save money in fees (if you know what I mean). A forum member made me a interesting proposition via PM lately. I've already sent him a reply waiting for an answer in return. If the deal goes through, then I will lock this thread.

Thanks for the suggestion, btw. It's much appreciated.

Thanks but I was hoping to buying the coin with BTC instead of Fiat (I'd also avoid save money in fees and whatnot).

Besides, I already have the other two coins in my collection. I only need "The Guardian" coin in copper to complete my set. If you know of anyone who has one for sale, please let me know.

I'm looking for a Bitcoin Copper Round with "The Guardian" design made by Anonymous Mint.





If you have one for sale, please contact me via PM. I will take the best offer. Shipping would be to the United States. Thanks.