What is interesting, however, is that despite people supporting Bitcoin they are also supporting centralized exchanges and custodial wallets and all things that are essentially against the Bitcoin standard. So perhaps we could ask whether the people really prefer complete independence. For many years, DExes are left behind by CExes in terms of volume. Moreover, despite compulsory KYC hassles and failing a number of times in the process, centralized exchanges are not losing popularity. Is it only because DExes don't support fiat? Or is it simply because CExes are generally better? Or perhaps people aren't really interested get out of fiat altogether?
It's for several reasons: - At the beginning how/where would you buy bitcoin? On the street? From some stranger? - The exchanges offer a certain level of security because they kind of explain you how to activate the 2FA etc - Are we sure that someone who try to buy/use cryptos for the first time has the knowledge to manage DeFi exchanges and wallets? I don't think CEXs are the devil, they're a good tool and I like to use them in combination with DeFi. They're not, they are a necessity. They're merely facilitators for buyers and sellers to meet, and provide liquidity for the market. But from another viewpoint, exchanges can become very powerful, that can control this new "financial system" too, like banks control legacy systems. A balance is needed, enter decentralized exchanges like BISQ. Probably in the future, a close one, big exchanges like Binance, Coinbase and FTX, that are always trying to follow all the different regulations around the world, could even ask and obtain some kind of bank permits, so they'll be able to lend money to people just like banks do nowadays. I see this as a natural evolution of this sector, big banks should really watch their backs because if I were them, I'd be pretty worried. |
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One of the reasons why crypto is booming there is because of the inflation effect. This is the basis for Americans to prefer crypto and encourage the government to adopt it. So it's normal that US will become the first developed country to legalize bitcoin and other countries will follow suit. plus recently biden issued a special order on crypto. It's like crypto being pushed for adoption.
Don't underestimate Switzerland, they know for sure how to make money using someone else's money  The city of Lugano is already working in this direction, so the rest of the country could follow along shortly. And managing this kind of changes in a small country, such as Switzerland, it's way easier than doing it in big countries like the US. |
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Nayib Bukele issued some strict regulation following a surge on murders on El Salvador: Curious to see how this is going to work out. Due the situation I can understand why he is doing it. What I'm going to say is not a popular opinion but sometimes democracy simply doesn't work, so alternative (temporary) solutions must be found. He mentioned the fact that a El Salvadorean passport would come with a 150K investment in bitcoin bonds.
I think this doesn’t bode well for this initiative. For sure this is not good for him and the country. Many people already had several security concerns about moving to El Salvador, a murder rate increase is a serious thing. |
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Oltre a quanto già menzionato vorrei aggiungere due cose, con magari una richiesta di confronto/conferma.
Il fatto che i fondi possano essere trafugati solo avendo private key direi "ni".
Se i fondi presenti sul Ledger vengono messi in staking o viene fornita liquidità a servizi esterni e questi vengono attaccati credo che la perdita di fondi ci sia. Il Ledger permette solo di autorizzare che solo tu hai dato conferma della transazione, ma se interagisci con smart contract attaccati e a hai assocciato indirizzo del Ledger i fondi possono essere comunque persi.
Certo è che avere fondi sul Ledger e affidarli a servizi esterni (di dubbia sicurezza) è un contro senso. Non so bene se un problema in questo senso può essere dato anche dallo Staking. Hai fatto bene a specificarlo, la mia mia risposta era relativa solo al semplice storage sul Ledger. Se non ci sono interazioni esterne, approvate dall'utente ovviamente, allora dovremmo essere al sicuro. Per la questione antivirus la miglior sicurezza è la "coscienza" dell'utente, un antivirus non è necessario, più lo si usa (o si fa affidamento su di lui) e più si delega la responsabilità. Ci può stare averlo, ma in primis l'utente deve essere capace di valutare:
dove e come navigare
cosa installare Ecco qui non sono d'accordo: un momento di distrazione può accadere a chiunque, anche agli utenti più esperti, quindi un antivirus per me è sempre meglio averlo. Alla fine non vedo che problemi potrebbe provocare averlo, è una protezione extra. |
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First week paid
Received, thank you! |
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1. The FUD that is still going on although at a decreased size about all the "bans", "energy consumption", "PoW bad", "flippening",... fooling the brainwashed people into staying away or selling their valuable bitcoins. If there is one sure thing is that FUD won't stop anytime soon, especially "organized FUD" because too many times I've seen a lot of bad news against bitcoin coming out all together, sometimes even using old news mixed with new ones just to create more confusion and fear. Honestly, I don't even care anymore, but for the new ones, well, it's not easy dealing with that. |
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Because only Bitcoin is decentralized and that, among many other features, makes it unique. I totally agree. This is the real reason why bitcoin is unique, the total decentralization. All the other cryptos are created and owned by some individuals, everybody knows how is behind them, bitcoin is the only one that is different and, at this point, I would say also unreachable. |
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Nonetheless, this breakout is a signal that the downtrend is over, meaning that now the bulls can buy with more confidence.
I'm not 100% sure that the downtrend is over, no one can be sure about that, but what is impressive is that bitcoin is above $45k in this current climate. People complain about the price, they except $100k asap, blah blah blah, for me seeing bitcoin at this value despite the inflation and a war it's just crazy. Crazy good of course. |
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What is interesting, however, is that despite people supporting Bitcoin they are also supporting centralized exchanges and custodial wallets and all things that are essentially against the Bitcoin standard. So perhaps we could ask whether the people really prefer complete independence. For many years, DExes are left behind by CExes in terms of volume. Moreover, despite compulsory KYC hassles and failing a number of times in the process, centralized exchanges are not losing popularity. Is it only because DExes don't support fiat? Or is it simply because CExes are generally better? Or perhaps people aren't really interested get out of fiat altogether?
It's for several reasons: - At the beginning how/where would you buy bitcoin? On the street? From some stranger? - The exchanges offer a certain level of security because they kind of explain you how to activate the 2FA etc - Are we sure that someone who try to buy/use cryptos for the first time has the knowledge to manage DeFi exchanges and wallets? I don't think CEXs are the devil, they're a good tool and I like to use them in combination with DeFi. |
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What will be the next city to adopt this initiative? What do you think? I'm actually pretty surprised that it looks like California is not doing anything about bitcoin, with the Silicon Valley and all the big companies headquarters I was expecting something and instead I don't recall any news about cryptos in Los Angeles, San Francisco, etc. It will be interesting to see what's gonna happen especially in Miami. |
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Secondo me i grossi exchange, così come i servizi di lending tipo Nexo, Celsius, BlockFi, etc, in futuro potrebbero davvero espandersi tanto da arrivare anche a gestire mutui. Magari dovranno aprire filiali fisiche nei paesi dove vogliono operare per casi del genere, però non mi sembra una possibilità così remota e/o strana onestamente.
Sì certo, potrebbero. Ma per farlo dovrebbero acquisire licenza bancaria, a quel punto non farebbe prima..... una banca a continuare a fare quel tipo di attività visto che già lo fa ora ? Poi guardala da un altro punto di vista: la casalinga di Voghera si fiderebbe di più a chiedere un mutuo a Binance o a Banca Intesa ? voglio dire: Binance senz'altro riuscirebbe a farglielo avere a condizioni economicamente migliori, ma la cliente non conoscendo l'exchange si fiderebbe ? Naturalmente non escludo che questo possa accadere, intendiamoci, ma non nel breve/medio periodo imho. Potrebbe accadere nell'arco di una decina d'anni, ma in un periodo così lungo penso che cambierebbero tanto anche parecchie altre cose quasi impossibili da immaginare (per me) oggi. Vedendo la rapidità con la quale exchange come Binance piuttosto che FTX si adattano alle varie regolamentazioni, aprono filiali, etc, non penso che sia un grosso problema per loro riuscire anche a prendere una licenza bancaria se davvero volessero farlo. Sono compagnie già più grosse e potenti della maggior parte delle banche a livello mondiale. Discorso casalinga di Voghera: sono d'accordo, ma stiamo parlando di una persone con età media abbastanza alta e poco avvezza alla tecnologia. Già dalla mia generazione (sono un millennial) le cose sono ben diverse quindi, con tutto il rispetto per le persone di 50-60 anni, la casalinga di Voghera è una fascia di clientela relativamente poco importante per chi è proiettato nel futuro come le compagnie cripto. Se mi dovessi chiedere dove preferirei mettere i miei soldi tra Binance e qualsiasi banca beh, io non avrei dubbi. |
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After the intital days of panic it became clear that this war will not be start WW3 and it is going to be an isolated conflict. Well, I'm glad to see that you were so sure about this, because honestly I wasn't. Probably this is the closest we've been to a potential WW3 since the Cold War times: starting a war only a few hundreds miles away from Poland, Germany, Italy... With all due respect with the conflicts in the Middle East and in Africa, this time it could have really escalated. I just hope all this will end ASAP. |
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Username: Ale88
Post Count: 3024 (including this one)
BTC Address (must be SegWit): bc1qc3yp2v9nlupaw75sxt5m9h383klnzlh2y0gnjx
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Give some time and it will reach $75,000 but is $75,000 the ultimate target of bitcoin? For sure, No. Bitcoin is meant to cross 100,000$ and even more but this will not happen quickly. We need a lot more awareness and adoption for this to happen. Also, we need new retail and investors to enter in this market. Without the new money injecting in and without the increase in crypto marketcap, such big figures like a hundred thousand dollars will look like a dream.
Let's not forget that bitcoin will increase its value also because the dollar (and fiat in general) will keep losing value because of inflation. So it will be easier to see new ATH but at the same time will be able to purchase less. But until when we don't change bitcoin for fiat is not actually a problem, at the end 1 BTC = 1 BTC |
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1) chi ti potrebbe erogare un mutuo in assenza di una banca ?
Un exchange? la vedo dura, magari con exchange che hanno sedi a casa di Dio e non conoscono leggi e mercato dei mutui n Italia....
Lo stato forse? beh certo, potrebbe, ma avrebbe titolo per accollarsi il rischio di insolvenza dei clienti? secondo me no, lo stato non dovrebbe (né potrebbe oggi) fare questo. Secondo me i grossi exchange, così come i servizi di lending tipo Nexo, Celsius, BlockFi, etc, in futuro potrebbero davvero espandersi tanto da arrivare anche a gestire mutui. Magari dovranno aprire filiali fisiche nei paesi dove vogliono operare per casi del genere, però non mi sembra una possibilità così remota e/o strana onestamente. |
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Hi everyone I was wondering if the overall Russian-Ukraine situation in Bitcoin is now pretty low, will it soar if the whole war is resolved again? What is your opinion? Thank you.
When the above post was written, February 27, bitcoin value was around $37,500. Today, March 26, so one month later, a single bitcoin is worth over $44k. Not bad. I really hope that the OP actually bought bitcoin after opening this discussion. |
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Hello everyone! What do you think about the legendary 1FeexV6bAHb8ybZjqQMjJrcCrHGW9sb6uF address?
For those who don't know the story, 79k bitcoins were sent to this address 11 years ago, in 2011, and they were never moved, not a single dollar.
It is said that they were stolen from Mt Gox, Craig Wright claims that he bought them from Mt Gox (he is also claiming that he is satoshi, I think he is a big scammer).
What do you think, or know, about this address and the person that got these bitcoins? Do you believe that they are permanently lost, or are hodled? Dumbest thief ever?
Let me know your opinions!
It could simply be someone who bought them for a few cents each one and then who knows, maybe he died, or maybe he simply lost access to the the wallet. Many people stored bitcoins on old hard disks that eventually they threw in the trash. Some guy in Wales has been looking for his hard disk in a dumpster for years now... |
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I would like to follow the market trends with great interest and compare the current market price movements after the end of 2021 with previous bearish trends such as the 2018 bear market. I think the cryptocurrency bearish trend may have changed the pattern and took another dimension. . If you've been following the market trends, you've probably noticed that what's happening in the market right now is different from the 2018 downtrend, but yet another sign of a bearish move. What is your opinion
Probably this bear market, until now of course, has been the best one since I don't feel we suffered like in 2018. Probably also because some big investors bought bitcoin when it was around $30k, and they kept buying every time we went down to that level. Seeing that bitcoin is valued at $44k despite the Chinise ban, the regulations, a war... It's impressive! |
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Spending btc can indeed help the adoption because others will get curious if you use your btc to buy stuff and they will use btc too later on but first we need to wait for our country to make btc as a legal tender. Of course spending bitcoin would help, but what would help even more is people understanding what inflation is and why their money keep losing value year after year. If a lot of people have bitcoin then it's going to be easier for businesses etc to actually accept it. |
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If I am not mistaken you can now use your bitcoins directly on paying tax, on transport, and other public service in some parts of Switzerland and in USA but they did not made an announcement about making bitcoin as legal tender, maybe because the use of btc is only limited for now. Let's hope they continue to widen it and of course other countries should follow it too.
You're absolutely right, you can already pay taxes in bitcoin in Arizona, and check out what Lugano (in Switzerland) is doing about bitcoin  Regarding the US now also Texas and Florida are very open to use bitcoin, and also New York's mayor decided to get his first salaries in bitcoin. It's spreading guys |
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