Likening is issue of forks happening to religion would surely touch some nerves because of the attachment people have towards their religious believe and they may start to think you are making one superior over the other or insinuating that one is an offspring of the other which then bring about the question, "which one is original"?.

That being said, I really don't have issue with the forks of another fork because its simply someone being served its own coin that babe polarised the entire crypto space. I wonder where the market would have been today should the starter of the fork debacle could have consolidated those efforts and publicity to one single crypto. It would have been to the benefit of all.

Its going to be hard for countries to own bitcoin and at the same time flaunt it for reasons such as

1. The era of buying so is graduay coming to an end and the issue of bitcoin ownership has been dispersed in the hands of individuals from the beginning which makes it difficult to legislate a law that would make it a state property unlike other natural assets such as gold, silver even crude oil.

2. Flaunting the ownership of crypto at this time would be seen as an affront on world powers which means ability to avoid sanctions in case of misbehavior. Doing this might even attract the unwanted attention.

Unfortunately, anywhere money is involved, sentiment is present and there is nothing to reverse that. The stock market, the fired market, the commodity market, every market in short, sentiments is there because that's the point where there are winners who are going home with profit while others are going to lose. In other to be on the winning side, then sentiment becomes an issue to put into consideration. That is the current position of the market in which the end of that is not in sight

Decentralisation is a a great one and the main reason is control which is why the argument against crypto currency has been on the high side and its really simple. Majority of people of relevance in the finance world are already used to the principle that only regulated environment can thrive and every other thing outside that is not sustainable and unfortunately for us, people who hold this view are the ones are the helms of affairs of most countries which is responsible for the continuous downplaying of the various efforts of enthusiasts.

Rejoicing over the fall of bitcoin because the price fall have little or no impact on the price of certain altcoin to me is just hypocritical because eventually it will touch every section of the market. What we don't know is that, the hit that bitcoin is taking is for the entire crypto industry and if it fails, the whole industry might go down with it which is why its of essence to work together for its survival and after which everyone can then focus on its own preferred altcoin.

The moment I saw the appreciation of the price of bitcoin to the above $4k, I knew there would surely be a thread like this and lo and behold, I was not disappointed. The current trend really calls for caution but it does not mean market activities won't continue and if we want price to increase, it just needs to happen. So, it does not matter whether its a trap or not, its left for the market participants to decide.

There are several categories of banks performing different functions but the focus is always on the commercial banks which are run on basically profit motive and with some kiiling interest rates. There are several.other banks such as development banks and agricultural banks whose main purpose is to provide finances for certain sectors of the economy and some others to help startups. So, there are banks for that purpose already. If you are looking for such kind of banks then you need to figure out where to get financing and way to ensure that borrowers pay bank and also cover your own operating expenses. By the time you put this into perspective, there won't be much margin between current banks and the ones you looking forward to.

The direction of price is not solely determined by the whales in my opinion. Although, current scenarios might make one have that view but in my opinion, I think its because of the majority of people moving in a particular direction. The influence the whales have is on a position while others starts panicking then drive the price somewhere else but if everyone can maintain their position should the whales make their moves, they will be the one losing at the end.

It really does not matter if its $20 or $5 so far its something that was derived from unwholly activitity denying a legitimate user, its a scam. Aside the fact that you are calling them out for scamming you, you are equally doing someone else a favor from falling victim of such unscrupulous individuals. More so, for the fact they could stoop so low to scam $30, it means they could have scammed more should they have the chance to do so. Create the thread and bring the necessary awareness.

As business owner concerned with turning out profit, there is no way you will be not be concerned with the volatility and I would probably do the same. I also don't have problem with price falling or rising but the frequency that happens is something that calls for concern in that within a week, one could lose a fortune and at the same time within that week you could have made some decent amount but the concern then is, does the cost outweighs the benefit which is largely on the opposite. There is really nothing anyone can do that to keep pushing for mass adoption as that would be the only thing to reduce this to a barest level.

Everything you listed here are things that have been carried out in a massive scale even before the advent of bitcoin. The entire hard drugs in history has been estimated to worth more than the entire crypto market capitalization at some point and that was when bitcoin or blockchain have not gain ground at all. The point is every development would always be exploited for good and bad because individuals are involved. Its now the responsibility of the law enforcement agencies to ensure that activities against the wellbeing of the state are not carried out through such means.

The influence of US is so great that no country can remain the same should she be magnanimous with sanctions. Even advance countries with sophisticated economy and sizeable influence would have to put serious palliatives measures in place in other to survive with little scar.

The current political landscape in the US is subject to interpretation which from your end you are seeing as something wrong but to some other people, its surely the right thing to do which you have rightly expose your biasness at the beginning. On the use of bitcoin to solve the situation, I think its an overreaching assumption because to use a model that has not been tested would means something of proper planning and in a situation of peace not this moment that because of pressure would be implemented in a shaby way.

The execution cannot be said to be faulty at the same time, its not the fault of those who were able to have been involved early into the crypto currency world at early time. The reason for that, was they took enormous risk which they themselves are not sure would pay off which eventually did. Its has the disadvantages though which is what we are seeing today as a group of people can just determine the direction they want price to go without any recourse to every other participants in the market. Hopefully, the ownership would be diluted and control would be difficult to exert by few people.

Trying to understand the reason why the price have gone to an all time low in a long time is looking for reasons for the problem rather than focusing on the solution to that same problem. The market has really taken a hit which point to the direction that majority of the news and reports displaying how strong bitcoin price is against all odds are merely overstating and overempahsisng how strong the base and the market is. Invariably, for a return to the green period would mean some serious push for everyone irrespective of loyalty to any coin.

Blockchain is Health care would be a great achievement in the era of data keeping and validation. Even in countries with advance technology in data keeping, the challenges are still enormous. But the challenge I see here is on the various factors that needs to be considered in the process. Medical records are confidential matters that should not be seen by everybody which negates the principle of complete transparency in blockchain.

Its really something that is hard to explain why the current downturn is really massive without any stoppage. For me, bitcoin price going back to $1000 is not something we should be envisaging at the moment although its going to be hard not to think of it but hope is the only thing we have in our hands and striving to make things better in our own little way.

Using bitcoin as a currency does not necessarily mean it has to used to buy drugs. Drugs in this case being the illegal and hard ones that the problem they cause to the society does not justify whatever means used to get it in the first place. While those who hold are not doing any good based on submission, it does not mean they are opening doors for it to be used illegally by others. There are other means that bitcoin can be used as a currency which is currently being done by the developers of various peer to peer platforms and nothing illegal is being done here. I personally don't think there is any justification for the use of bitcoin for things that would cause more harm than good in the long run.

This position should not even come as a surprise because its their way and they are trying everything possible to ensure that every move to promote the activities of crypto should be frustrated. At first it was war against ICOs but when they realized that ICOs are still thriving in terms of advertisement due to airdrops couple with listing on exchange sites, then its time to try another approach in stifling this new development which is why rather than giving room for discussion or some dialogue, the best cause of action is declaring it illegal.

The only advantage that is real is what you have mentioned. Any other advantage is based on chance that the project will be a successful one which eventually would compensate the early buyers or believers for their risk. Unfortunately, the possibility of this happening is getting bleak everyday. Removing these two advantages from ICOs, what left are disadvantages that should not be witnessed by any enthusiast. Aside from the chance to get scammed by people who are never interested in creating any solution to those who are not serious about their project should they face some little challenge along the way.

I was surprised to see KPMG coming in late at this when their counterparts PWC and EY have released various statements in support of both blcockchain and crypto currency and some of them ready to launch services in that regard in the nearest future. The issue that is universal to all of them in terms of challenge has and will remain the legal and regulatory framework and that is something I see would still cause significant disagreement between the proponents of crypto and those who are more liberal with the idea especially the capitalists. Eventually, the only thing to wait for is time which will determine the right course of action.