That's what exactly it is! If Mr. Nakamoto wants to come out in public (which I don't think he will), that's how he can prove his identity. If it happens, the entire community will have no choice but to believe. That's one point Craig Wright could not address and he said in the court that he has lost the keys of Satoshi's wallet and that's why he is not able to access it. That's the main authentication for us to believe who is real Satoshi and who is not!

Lol! The world used to follow US earlier and now the US is following China! That's strange!

CBDC is the future of mainstream economies without a doubt. It gives manifold benefits to the government in terms of surveillance. If US is trying to implement such things, I am sure we are going to see agitation from the common people because democracy still exists in US unlike China.

CBDC takes away all your financial privacy. Every single thing will be tracked related to your finances with CBDC. Think twice before supporting such initiatives.

It's a temporary bad news because it may affect the market negatively but not for long haul. It's an ongoing concern since a long time for Tether. They have never audited their reserve and never disclosed their holdings as a reserve even though they claim they maintain a 1:1 reserve ratio.

So I think it is positive in the long haul because it will make it very clearer which onen is credible coin to use going forward.

Baharin is the follower of Sharia law so it is little surprising to know that their King has allowed such things which cannot be directly controlled by them. But all is well that ends well. I hope the crypto transactions will be regulated in a positive way. Because over-regulation can ruin this entire initiative.

I don't think this will help bitcoin to aim for moon once again because the population is Baharin is extremely low even though they are extremely wealthy. But let's hope for the same!

Should I call it a desperation?

Russia was not very favorable about cryptocurrency since a long time. They had some kind of rules which barred the miners to sell their coins couple of years ago. Not sure why such drastic change in their stance!

Possibly Russia is trying to find a feasible alternative to continue with their international trading. Not sure how much bitcoin or any other crypto can help here.

It's easier said than done! Cryptocurrency is a authority less system for transacting value unlike the fiat system. So it is extremely difficult or even impossible for governments to regulate cryptocurrency. Even though the transactions are recorded in the blockchain, it is not easy to regulate.

Governments can provide guidelines and make laws on cryptos to be followed in their own country but it is then upto the citizens to follow and comply with such laws. If they don't, it's literally impossible for the governments to make them follow the law.

This is precisely why majority of the governments are still not showing favor for bitcoin or any other cryptos. They quite well understand that if they accept cryptos, that will reduce the dependency on the state controlled fiat which will in turn reduce the power of the government. That's why they are resisting big time. Some democratic governments are surely appreciating cryptos but majority are still skeptical.

Libertarianism is non existent at this moment. It is just a concept that no one follows to be honest.

There's no definite answer to it as it solely depends on an individual's risk capacity. If someone has a stable income and a good amount of surplus money to invest, he might want to invest more into cryptocurrency in the bear market due to its volatility. I would personally do that if I have money. Because then I will be able to make a huge amount of profit during bull cycle. So it is really subjective and depends on the risk taking capacity of an individual.

Also one thing we need to keep in mind that never put all your eggs in one basket. Diversification is the key and we must diversify out of crypto market. Your portfolio should include gold, bond, stocks, bank deposits etc. So when one asset goes down, you can have support from other assets.

Non sense idea and not ideal to do. If the casino is for only the prisoners without any outside influence, then it should be okey as it will help the prisoners to experience something unique which a lot of other prisoners don't get to experience. Good for a social experiment.

But there are multiple downsides to it. Prisoners can quickly develop a habit of gambling which can continue even after that person is released from prison. That might not become an ideal example for an ex prisoner.

There are millions of C++ programmers available in the world. By your logic, everyone is a potential candidate for Satoshi Nakamoto. What a great non-sense!

Rishi Sunak belongs to the league of billionaires. He doesn't need bitcoin or any other cryptocurrency. By your logic, then should I understand that UK government is the creator of bitcoin?

When the interest rate increases, we have historically seen people moving out of non-traditional investment and investing in traditional assets. That's probably what's happening in the market now. But that is not a permanent situation, it's super temporary.

I believe Microstrategy is bullish in long term holding of bitcoin. They are trying to do cost averaging it seems as their previous purchases are made at a higher price. It does not tell us which direction the market will take to be honest.

Amazon is super predatory in nature. They are the sole reason for the death of millions of businesses around the world. It's great that California detected the trend and taking actions accordingly.

It's their practice to create products under the brand name of Amazon Basics and sell it at a low price to capture the market. Once they capture the majority percentage of sales in the market, they start increasing price. That's how they play the game. I believe California government is doing the right thing.

That's what my fear is! China has recovered quite well from the effects of COVID, rather faster than many other countries. At the same time, Taiwan is known for semiconductor and electronics industry. So I won't be surprised if China actually plans to launch attack on Taiwan.

That might start a big war and lead to World War III. US president Joe Biden said that US will stand beside Taiwan if any war happens. So the impact on world economy will be devastating if it happens in reality. Bitcoin may get lucky among this turmoil.

There are multiple staking coins available in the market. However, I believe the most important staking coin is now ETH after the recent merge. There will be multiple staking pools available in a few days to start pool staking in ETH. I believe it's a great move and will help mass adoption of mining through staking.

If you want to stake bitcoin, I believe some defi protocols will allow you to do that. But please understand the risk there as it entirely depends on their business profitability. Otherwise they can simply go down just like what happened to Celcius.

Economic impact is a subjective matter. If the price of bitcoin goes down, there will be negative impact on the economy as a lot of people will loose their investments and vice versa. So it is very difficult to conclude whether it's going to be good or bad.

Same is happening in El-Salvador. The price has gone down and that's why their president is facing a huge pressure from the citizens. If it had gone up, people would have blessed their president. It all depends on which direction the price moves.

It's so kind of Irish government to provide a basic income to the artists. But countries like Ireland can afford it given the population is less and stands second in per capita income. So it all makes sense for them! It helps in circulation of money as well as increases the purchasing power of the people. In turn, it increases demand and money flows into the economy. It's beneficial for a small country like Ireland.

But in bigger countries and especially where the corruption rate is high, this is not a feasible solution. Like in India, if the government tries to start similar basic income schemes, most of the money will flow into the hands of corrupt politicians and their close aids. A very minor percentage of population will actually get the benefit. It is practically impossible for India to maintain sanity of such initiatives.

It's a good development. Even though Baharin's population is just about one and a half million, it is an extremely wealthy country due to its abundant natural resources. So if bitcoin is accepted by their central bank, we can expect a huge inflow into the bitcoin market due to the purchasing power its citizens hold. 


Well it's a business and whatever OpenNode is doing, is for business! But if it is helping bitcoin at the same time, then it's definitely a new to cheer for!

What do you mean by short break? The bear market is still very much ongoing. Going up to 21k or going down to 19k, doesn't change the bull or bear cycle. This is just normal price movement. So no, I can't see any short or long break from any market.

Bitcoin is currently going through the bear cycle and this kind of price movement is very much common. For bitcoin, 10 -15% daily movement of price is normal.

It is very easy for hackers to gain control of your browser. So wallets like Metamask is not really safe. This is good for micro transactions but if you are holding a good amount of money in your Metamask wallet, it is not really recommend!

Probably that's the reason no developer has yet created a secured browser extension like Metamask. It is always best to use a desktop or hardware wallet if you are holding some good amount of bitcoins. Electrum is quite good and used by a lot of fellow forum members.

Once the hype is gone, the coin will be gone too! That's what we have seen multiple times in the past. A coin without any actual utility or no fundamentals are bound to fail. Till the time hype is there, market will respond to the coin. Once the hype is over, you have to add another coin to your deadcoins list.

I personally have not less than 50 deadcoins in my wallet which cannot be sold anymore. Sweatcoin is going to have similar fate.