Paper money (Fiat) is garbage. It will eventually lose value due to inflation. Not to mention, it's controlled and manipulated by a central bank. Bitcoin isn't as widely accepted as Fiat because of its limitations (price volatility, and limited transaction capacity). But it's bound to get better over time with subsequent network upgrades and institutional adoption.

With some countries adopting BTC as legal tender, it should only be a matter of time before the cryptocurrency takes the world by storm. I'm certain it will "beat" Fiat sometime in the future. As long as it stays decentralized, there should be nothing to worry about.

Blacklisting address, eh? So much for censorship-resistance. I wouldn't call Uniswap a "decentralized exchange", especially when it's prone to censorship. Not only that, but the source code of the project is limited (open source after a few years of each iteration). I miss the old days when we had truly-decentralized exchanges such as EtherDelta and ForkDelta. Ever since Uniswap came into fold, things haven't been the same. Even though there's still a small number of truly-decentralized exchanges, the market is largely dominated by both semi-centralized and centralized players. This is harmful for the crypto industry in the long run. It'll be extremely-easy to enforce regulations at will.

If only developers stopped thinking the money and started caring about decentralization/censorship-resistance, crypto would've achieved its full potential by now. Wasn't the whole point of Bitcoin to eliminate the middleman? I wouldn't be surprised if KYC-compliant "DEXs" emerge in the long run. Most people won't care about giving away their personal info as long as they get convenience in return. It will be a dark future for crypto/Blockchain tech, unfortunately. 

It's best to wait until the hype ends to make your move. I'm sure prices will decline at a fast pace once this happens. SOL's been holding it steady at $100 - $110 for a while now. If it doesn't move any lower than that, SOL could achieve a new ATH by the time Bitcoin's block reward is cut in half. Things would be even better for holders if a Solana spot ETF is approved in the US.

What ultimately matters is not the price, but rather the utility of the coin. Solana needs to remain useful by focusing on security/reliability more than anything else. If the network remains stable and cost-effective for day-to-day payments, it will last a lifetime. No one can predict the future, so lets hope for the best. Just my opinion

LTC seems to be the best choice right now. Especially when it's accepted by many merchants/businesses online. While some other coins are cheaper and faster than LTC, they often lack mainstream acceptance. You can basically buy almost anything with LTC. Just like Bitcoin. Not only that, but Litecoin is available in almost every crypto exchange you can imagine.

I hope fees stay low on the LTC blockchain forever. It could live up to its name of being "Silver to Bitcoin's Gold". The Ordinals hype on the Bitcoin blockchain might not last for long, as people move on to the next big thing in crypto. Who knows what the future holds for the premier cryptocurrency?

You can only do DCA at a centralized exchange. For non-custodial transactions, you're going to have to wait quite a long time until the dust settles. Things are going to get worse once the BTC halving takes effect in April 2024. That's because there will be FOMO, adding greater congestion to the Blockchain.

Some say we should move to the Lightning Network for cheaper and faster transfers. But you'd still need to pay a high on-chain fee to open/close a channel on the LN. Therefore, average Bitcoin users are completely "deadlocked". No one can predict the future, so lets hope for the best.

If Jamie Dimon is secretly buying BTC, I doubt he will ever reveal it to the public. A banker like him getting into Bitcoin will lead more people to ditch Fiat in the long run. And that's something no government wants. Eventually, Bitcoin's enemies would have no choice but to accept defeat. The cryptocurrency is virtually unstoppable thanks to its decentralized design.

If bankers and governments wanted to "destroy" Bitcoin, they would've done so within the early days of the project. Now it's too late to do anything about it. I wonder what would Jamie say once BTC goes all the way to $1m?

There's no utility in Ordinals inscriptions. Most of them are driven by hype more than anything else (pure speculation). Everybody wants to get rich, right? It will be all over faster than you could imagine. In the meantime, I'd suggest you hold onto your BTC unless it's really something important.

Moving out of BTC into an altcoin can be challenging, especially if on-chain fees stay high for long periods of time. Getting paid directly in an altcoin of your choice (or even the LN) may be your best bet of avoiding high fees altogether. Many users are angry of Bitcoin's current situation, so it should only be a matter of time before the dust settles. As long as decentralization is preserved, there should be nothing to worry about.

SOL is very close to its ATH. It's been hovering between the $115 - $120 range for quite some time. I doubt prices will get lower, especially when the BTC halving is approaching. Not to mention, the much-awaited approval of a spot Bitcoin ETF will have a bullish effect over market prices. A surge in BTC's price would propel SOL's price way beyond its ATH.

People who bought SOL at $40 are now considered lucky. Those who are late to the party, have no choice but to buy at current prices and stake with the hopes of turning a profit in the long run. I would imagine Solana getting its own spot ETF soon. Endless profits awaits for those who hold the coin for a long time. As long as the project prioritizes security/reliability, nothing else matters. Just my opinion

Most DEXs aren't truly-decentralized, so it's easy enough to shut them down if they don't comply with KYC/AML laws. Developers tied to semi-decentralized exchanges will have no choice but to integrate KYC to avoid prosecution from the government. Only a small minority of DEXs (those that are truly-decentralized) would be completely "impenetrable". If they are made "illegal", DEX liquidity will decline at a very fast pace. That's because most people will avoid them out of fear from the government.

At least we know DEXs won't be going anywhere thanks to their open source nature. What stopping anyone from creating a fork anonymously? Trades will happen under the radar of mainstream governments. As long as there's one truly-decentralized exchange alive, we should have nothing to worry about.

Thanks, buddy! I really appreciate your recommendation. I've chosen the Jito pool to stake my SOL just because it's the largest one on the industry. Even though Socean has better rates, it's better to be safe than sorry. I don't know about you, but I've managed to get good returns after the "pump" of $126 per coin. SOL was worth $30 a few months ago. Would you imagine Solana becoming the third-largest cryptocurrency by market cap? It would be completely mind-blowing. Just keep "hodling" and don't sell unless you really need the money to survive.

Cheers

Among the various blockchains available, which one has been proven to have the highest TPS? I'm not talking about claims, but rather concrete results. Something that's been tested to deliver as promised.

Blockchains like XRP and Solana claim to process large TPS, but that hasn't been proven yet (AFAIK). If there's a blockchain network that can handle many TPS like Visa, then crypto would be on a road towards massive adoption worldwide.

Your input would be greatly appreciated. Thank you.

Governments seem to come up with something new to prevent crypto from achieving its full potential. From cracking down on mixers and enforcing KYC across centralized exchanges, they aim keep crypto under their control. The only things they can't manipulate or enforce the rule of law (aside from blockchain networks themselves) are decentralized exchanges.

But what if governments decide to hunt down the developers of DEXs? Or what if they estalish a law where developing a non-compliant DEX (no-KYC) can be subject to prosecution (jail time or fines)? If that happens, the industry will be doomed. With a US senator drafting the "Digital Currency Anti-Money Laundering Act of 2023", anything's possible.

What do you think will happen if DEXs are "banned" in the future? Will they die? Or will they still survive (despite the fact that most people will avoid them to prevent jail time or being fined)?

Your input will be greatly appreciated. Thank you very much.

I want to stake my SOL with the highest available APR/APY. I've used Lido.fi in the past, but it stopped providing SOL staking services a while ago. I'd like to know which staking pool gives you "more bang for your buck". Also, do you know if the pools are decentralized (non-custodial) or operated by a single entity (centralized)? That's an important factor to consider, especially when there's the risk of losing everything in an instant.

Your input would be greatly appreciated. Thanks.

I've read online that you make money by providing liquidity for a token on Uniswap exchange. There's also a way to do arbitrage on Uniswap by using an MEV bot. Same goes for PancakeSwap and Sushiswap. It's like earning money from staking but you're getting paid from trading fees (if I'm not mistaken). I've never tried this before, so I want to know if there's a catch before going all in.

Any suggestions and/or recommendations would be greatly appreciated. Thanks in advance.

People often overlook these coins (LTC and BCH), because they consider cryptocurrencies as an investment tool. Not digital cash you can use to pay for goods and/or services. At least, fees are extremely-low in Fiat terms. The lower the market price for a coin, the better.

Once a Blockchain network gets congested, you can say goodbye to low fees for good. That's if developers don't introduce scaling upgrades meant to mitigate the issue. It's what's happening now with both BTC and ETH. At least, we're not tied to a single coin. As long as there are plenty of alternatives to choose from, there should be nothing to worry about. Just my opinion

Indeed. These high fees will force most people to keep their coins in a centralized exchange. This is bad for Bitcoin, but good for mainstream governments. Maybe this is part of an agenda to prevent self-custody of BTC in the long run? With high fees, it's impossible to use Bitcoin as digital cash. It would only work as a store of value for large money transfers. Most likely, the wealthy (elite) and whales will be able to move their BTC on the Blockchain without issues. Average people will be forced to move to altcoins with lower network congestion.

Even without Ordinals, fees were going to increase if BTC went into the mainstream. It's developers' duty to improve transaction capacity by increasing the block size. The Lightning Network is not a definite solution for Bitcoin's scaling issues. Whatever happens in the future, rest assured BTC won't disappear that easily. As long as decentralization is preserved, nothing else matters.

That's because most popular cryptocurrencies are congested. If developers increased their transaction capacity, fees would've stayed low for a very long time. I believe Blockchain tech already has the capability of processing thousands of transactions per second without issues. It's just that developers are wary of making crypto centralized by doing this. We'd have to decide whenever we want low fees by sacrificing decentralization, or all the other way around.

Bitcoin can be already be used for everyday payments through the Lightning Network. It's just that market volatility (unstable prices) "kills it". Not to mention, the off-chain scaling solution (Lightning Network) is still experimental. With due time, Bitcoin will be improved until it becomes a "force to reckon with". Ubtil then, we'd have to wait until the dust settles. Hopefully, Bitcoin will last a lifetime. Who knows what the future holds for the cryptocurrency?

Exactly. There's no way Solana will be able to "beat the King". Despite having lower fees and faster speeds, SOL dominates a small portion of the market. ETH's ecosystem is the biggest one in the industry (after Bitcoin) with a plethora of dApps, tokens, and services to choose from. It may be slow and expensive at times, but it's the #1 platform for "De-Fi". With due time, ETH will be able to scale to millions of users worldwide. This means a considerable reduction in fees and wait times.

I believe SOL will go as far as becoming the third-largest cryptocurrency by market cap. That's if demand continues to increase at a fast pace. Why focus on replacing ETH, when all chains can work together to make crypto land a better place? The more alternatives there are, the better. Crypto land often behaves in many strange and bizarre ways, so expect the unexpected. Just my thoughts

It's like playing "Russian Roulette". You either go broke or get rich in an instant. Unlike Bitcoin, altcoins are much more volatile in market prices and are highly experimental. The risk of loss is simply too high to bear. For those who want to test out new features or want to "ride the crypto train", altcoins prove to be a great investment. You can buy altcoins at a cheaper rate than Bitcoin.

It's possible to get rich with altcoins if you play your cards right. By exploring Telegram, Discord, and "X" (formerly known as Twitter), you can find new coins that could "explode" in the future. As long as you don't go crazy putting your life savings into altcoins, there should be nothing to worry about.

Solana's recent price surge could be attributed to the rise of "meme" coins (particularly BONK) on its own blockchain. Once the hype is over, it's likely SOL will decline at a fast pace. I don't see it retaining high prices in the long term, unless the project puts usability above all else. Despite predictions of SOL "flipping" ETH in the future, I don't think it will happen especially when ETH is the dominant force of "De-Fi". No one can beat the "King", anyways.

I'd be surprised if the current "pump" propells SOL way past its latest ATH. The effects will be short-lived, but it will be a very profitable moment for those who bought SOL @ $30 per coin. If the project puts decentralization first, it will last a lifetime. The future is unpredictable, so we can only hope for the best.