In my opinion, Bitcoin or cryptocurrencies will not be banned or blocked by all governments. Few governments don't like cryptos but countries like El Salvador will be there.
There are few countries that thought of blocking it but they are now thinking to consider it as an asset rather than a currency.
People also tend to find a way to use Bitcoin even if it is blocked. For example, P2P was a hit when once it was restricted in our country where financial institutions cannot work with exchanges related to crypto.

I agree with you that we don't know the future and people who bought at an all-time high shouldn't be called morons. In fact, my brother's friend bought Bitcoin at $18000 when everyone thought Bitcoin won't grow again after it fell from its all-time high. But you see how it went as high as $60k plus. Cryptocurrencies are the future and I believe that they will grow more and people who bought at this high will be in profit as well.

Covid has made a huge impact on our countries economy and day by day it is getting worse. The gas price is going up daily including everything which is essential.
The supply chain is messed up for many sectors and the job market is also going down with more than 10 million losing their job.
Only people with good wealth can get good healthcare facilities which are of course more saddening than the badly hit economy. The only sector which is on the positive side and continuously rising currently is the stock market.

Oil is really important as of now in this world. I think money and oil are dependent on each other but one day this is going to change as the world is trying to shift to renewable energy resources and everybody is currently researching more options about it. So, I think one day Oil won't be that important as it is right now.

For me to be rich is obviously staying in peace along with family, friends along with travel, and money. Money is necessary in this rough world and somehow it is interlinked with nearly everything nowadays. I know many people believe money is not necessary mostly but somehow it is what I feel. I believe most of you will agree to be healthy is being rich and somehow to be healthy one has to spend a good amount of money. Currently, in my country, monetarily rich people are able to attain very good health. Atleast in this pandemic, this is the scenario. Not blaming anyone but this is what it is.

I believe the decision made by El Salvador will heavily impact the market and industry overall. Now, I just hope that other countries just look into this matter and then make their decision on adopting crypto.
This step much appreciated because I feel that this would change the way people will see cryptos in the future and gradually cryptos will be accepted by every country.
Few countries are planning to accept it but it will fall under an asset class rather than a currency.

Whatever you do, I think the way you want to make this possible will be tough enough as most countries now take cryptocurrency and their transaction seriously as many do not like it. So, as many users suggested, P2P is a good option if you can arrange a cash transaction or else, your transaction will be noticed.

In my opinion, to avoid all the risk of doing so, it is better that you either HODL, sell them if you want to encash but following your countries legal procedure including completing the KYC if it is required.

Even though Ramos might feel he is not strong enough to contribute to Real Madrid it will completely depend upon the management to sign him again or not. Based on the business prospect for the team, I slightly doubt that the management might extend the contract for Ramos.
Now, as he is getting injured quite often, I feel he will retire or probably his contract won't be extended for a longer period. If I speak about the gameplay, I think he should retire after his contract ends. It will benefit both, the club and himself or his reputation as one of the best defenders but if he can come back, as a supporter I would love to watch him play, actually who won't, being a supporter.

Bitcoin or any cryptocurrencies becomes a bubble if the price goes up abruptly or you may say, suddenly without any solid justification for the rise. Often we have seen that the price goes up and then gradually crashes based on a particular Tweet or any other FUDs. The price rise based on these can be considered as a bubble because it goes up to come down. But in this process, few investors hold on to their cryptos which makes them more stable and preventing the fall to some extent or the price.

I believe and as per the news as well, Elon Musk has sold a partial investment on cryptos he made. Even if he sells complete investments made by him, I think long-term investors should not bother and focus on the market rather than the FUD makers or institutional investors who just took the opportunity to make some good profits.
Manipulation in this industry is pretty obvious and it will continue in the future as well but it will overcome such things to grow larger gradually.

I personally prefer diversifying the investments over multiple opportunities including stocks, real estate, bonds, and even golds. Regarding cryptocurrencies including Ethereum, Dash, Tron among few emerging cryptos apart from Bitcoin can turn out to be good. We can't deny as of now that if other cryptos are rising, Bitcoin has to rise, but nowadays the price drop is gradually very large regarding Bitcoin, and less for few coins which means diversifying will help for sure.

Actually, the government can stop their respective citizens from using Bitcoin for anything in their respective countries. With growing demand, many countries are planning their centralized crypto. Hence, Bitcoin to be used as backup currency is tough enough to happen. Also, another reason is the price fluctuation which will stop many to use Bitcoin as a currency.
But obviously, it will be traded to earn profits rather than using to transact or use it on daily basis on every purchase. I just hope no country puts a ban on any cryptos.

Usually, people put their money into a centralized system/bank in order to have liquid funds to save and spend. In order to increase our money, we can diversify to avoid putting the whole money into a centralized system/bank by investing them into various investment opportunities along with cryptos due to the vulnerabilities as you said.

Crypto like Bitcoin is a good option to gain some good profits and use it sometimes for a transaction but completely relying on Bitcoin or any crypto is a risk because of the price fluctuation which goes violet sometimes.
Centralized currency won't be replaced by any cryptos but the possibility of centralized crypto is quite imaginable. Hence, the price volatility will be always there and without it, Bitcoin won't be so popular either because maximum people put their money on Bitcoin to earn some profits.

This is actually so unfortunate to see small businesses getting affected due to the pandemic. I was about to start my own business with a friend but due to this pandemic and restrictions, it got postponed. And now we are hearing about the possible 3rd wave. I hope everybody becomes more responsible to prevent this. Currently, I am trying to figure out some income opportunities online along with my trading and campaigns. I also work on some websites related to traffic

Currently, I don't have any offline job as I left it because I planned to start a business which is getting postponed as mentioned above. Also recently I started to trade at our stock market and I am still learning.

Elon Musk has huge credibility in the market regarding new innovation and technology. As he is viewed as one of the top leaders in the business/industrial sector including technology, people tend to follow him. This is just human psychology. We cannot change this as the number of people who follows him blindly is huge though this is stupid.

Though I doubt he wants to destroy the crypto industry as he is likely inclined towards this technology. Previously also he did something which made the price of his own company shares fall drastically.
Also, the fact that people are thinking that he is a whale in this crypto field is inevitable, which is somehow misleading and making people think that he is the only one who can change everything but there are many whales who are impacting the valuation. I hope people take their own decision regarding anything, the actions of influential people should be limited while taking decisions.

I used to prefer Bitcoin to be both medium of exchange and a store of value but as of now the fees are so high, I find it cost-effective to transact using any other cryptos. If there is no question of disclosing my identity to the seller or the receiver I also use Paypal but only if the fees are on the lower side. Bitcoin is accepted widely than any other cryptos and even sometimes prefered against Paypal, so obviously it is great for the transaction.
Regarding the store of value, everybody in this world has seen the uprise of BTC valuation. Obviously, it is a great option for investment or store of value.
The usage completely depends on the users, whether they want to purchase Bitcoin to transact or to hold for value increase. As of now, it is a store of value for me only.

Elon Musk is a great leader and also intelligent/cunning individual and with his tweets, he can influence the market and he can make a profit. I am not sure if he sold his investments which he made earlier but surely his every action has some importance and if anyone can figure out his real intention it would have been great.

Obviously, if this was so easy most of them would have been sitting in a position like Elon Musk. Just to be clear, even I was pissed off with his tweets which pushed it up and pulled it down but there is something that we are unable to figure out but obviously, I have some intuitions that he won't let crypto industry die for sure.

In my opinion, comparing crypto with fiat is useless because both of them have to survive together with their uniqueness. Both of them are reliant on each other as the government will never choose crypto over fiat. They can co-exist but they can never replace one another.
Cryptocurrencies and fiat both have disadvantages as well like valuation, fees, inflation, etc. Hence, they will be dependent on each other somehow or the other.
For example, we still have to purchase cryptocurrencies using fiats and we still spend our earnings from crypto in the form of fiat after exchanging it most of the time.
Regarding Gold, it will always hold a separate position in investors' minds because it is completely different and not any form of currency.

Bitcoin might be used widely but I doubt it can be used as the main currency and not because of the government.
People might not use them as the main currency because of the high transaction fees. It is quite clear that the transaction fees will go up if there is a rise in the price.

The higher fees will obviously affect us because users might have various payment methods to transact globally with lower fees. I agree the ease of transaction is better with Bitcoin but if the fees are too high many users will use other payment methods.

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