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This is an obvious tell. Governments do stupid things all the time. Maybe they will try and over-regulate or ban it, but it's a dumb move. Probably the equivalent of trying to ban the printing press centuries ago, or the internet in the 90s. Who knows what they'll do. Nobody knows the...

It's not going to transform into some kind of utopia overnight and I doubt a foreigner on the other side of the world will even notice a difference, but if they attract even just a tiny bit of investment with this decision then that is an economic benefit. That said, I did say I thought it was...

They do risk drawing the ire of the US Govt and the existing global power structures like the IMF, World Bank, WEF etc, who no doubt will be very displeased.....

It's a bit of a stunt, but I'm happy to see how it plays out. I hope they don't screw it up and others consider following suit. The problem with making it legal tender is that everyone now needs to accept it and I'm not sure the capability to accept Bitcoin payment is going to be there for...

The FUD cycle might be over with El Salvador hitting headlines this week. This weekend is going to be interesting. I'd be surprised if we don't test the $30-$40K range over the weekend. Beware of false breakouts ;)

Damn, that's dark....

As much as I love my Crypto, here I am answering Precious Metals.....even more specifically - Gold. WW3 is likely to be devastating. Infrastructure targets, EMP attacks....despite the fact I think Crypto would survive due to its decentralized nature and still have it's day (assuming WW3 has...

Weekend has passed, so volatility during light trade is off the cards for a few days. I'd suggest the range 30K-40K is the key zone to watch this week. If we crack 40K this week convincingly then I think this selloff will be all but forgotten in a month or 2. Drop through 30K and we'll have...

This from the JOTD thread but it really does belong here.

They are really trying to flush out the weak hands at the moment with these seemingly co-ordinated FUD stories. But BTC has been holding above 30K and the weekend is over so that's encouraging ;)

This is what it's really about. FUD-ding potential newcomers out of the space. There are many who would have vested interest in slowing down the pace of adoption for this new technology. It's going to be disruptive as all hell.....

Many (myself included) have been raising concerns over Tether for YEARS. Yes, there are scammers in this space. That does not mean the technology is bunk. If you need it all to be a "safe space" and all the risk taken out, then sure - crypto is not for you. You can come back in 20 or 30...

https://gab.com/BusyDrT/posts/106293708192729618

Late Attestations? Seriously? Of the #8 crypto? Hilarious FUD. USDC is issued by regulated financial institutions. It's got to be 1000% less likely to go belly up than Tether and we've been brushing off far more credible Tether FUD for years.

There are lots of smaller coins that still use faucets. The idea is that they are trying to get a network effect going with more people using the coin. A little bit of research and I'm sure you could find some, but one of the more interesting ones I've seen recently is this one :-...

I'm not saying there aren't flaws. I first came across Bitcoin in 2015 and (ironically) one of the reasons why I didn't think it'd go anywhere was because of the energy use! Does that make me 6 years earlier than Elon Musk? Maybe. But when I came for another look in early 2017 to find out...

I had not noticed that, but now you point it out it's pretty obvious. Too funny!