Binance besar dan banyak digunakan masyarakat Indonesia karena exchange tersebut banyak listed crypto-crypto di market mereka, Ini beda dengan exchange lokal kita kayak Indodax dan Tokocrypto yang hanya beberapa dan sebagian saja. Dan ane yakin kalau exchange lokal kita melisted banyak crypto layaknya binance, akan banyak juga trader-trader lokal kita yang trading di sana. Namun karena pair-nya sedikit, ya mau tidak mau mereka mainnya di binance walau pemerintah kita melarang mereka beraktiftas di negara kita.

Sebenarnya gampang, kalau binance mau pasti exchange mereka akan teregulasi dan tidak dibanned begini, bikin saja KYC-nya hanya khusus di negara indonesia, sehingga dapat teregulasi oleh bappebti dan OJK.

Whoever wrote that article has no understanding of the economy
Specially since they are comparing USD with Japanese Yen and interest rates.

Let me put it simply.
When Japan prints money (lets say a million dollar equivalent) that money is only going to be used domestically inside Japan and it only enters Japanese economy. Simultaneously when the Japanese government wants to sell any bonds they pretty much sell it domestically to Japanese so that also stays domestically.
On the other hand when US prints money (a million dollar) that money is used globally and enters global economy. When they increase interest rates and sell bonds they also sell it globally.

So for example the $1 million US printed is going to be used by Saudi Arabia to sell its oil to Japan and the bond US printed and dumped on the world is also going to be bought by Japan. So now Japan is facing 2 inflations: First is the one caused by the $1 million they printed themselves and Second is the $1 million US printed and they used. Meanwhile they are also using the little money they have left to buy US bonds to help US economy stay up instead of using that domestically to improve their own economy

This is not called "US economy booming", it is called a Ponzi scheme at its peak.

Otherwise a healthy and booming economy does not have:
1. A high inflation
2. A high interest rates
3. A government that prints $1 trillion every 100 days
4. A massive trade deficit
5. A massive national debt ($35 trillion) and growing

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So things are pretty much the same as 6 years ago when you started this topic.
The more the world dedollarises, the more they decouple from the Ponzi scheme known as US economy so the more their own respective currencies strengthen and the more US dollar weakens.

If they do the opposite and do less dedollarisation, use more US dollar and increase their dependence on the Ponzi scheme, the more their own respective currencies dumps and the more their economies weaken while US dollar strengthens.
This goes on until we see another catastrophe like 2008 when the Ponzi scheme falls apart and it significantly and negatively affects global economy. More effects on those who didn't dedollarise...

bitcoins use case has change
this is because things called OPCODES change the use case of a transaction. whereby it changes how much data can be contained in a transaction. how much of that data is even validated/accounted/counted. and other things.

when new opcode subsets are released changing the bitcoin rules via softening the rules.. it changes how bitcoin is used.
starting with allowing 4mb of unvalidated, miscounted junk to be appended to a tx that has no functional utility of signing proof of the sats intended to be moved, but sit at the end of tx for nonsense unrelated purpose to bitcoin functionality, which most bitcoin nodes dont even check the content of such added data ..

bitcoin code(rules) were strong years ago, where every byte had purpose and was counted and checked to meet the rules..
devs used to care about every bit and byte. and want efficiency...
now devs want congestion and miscounting of bytes and inclusion of bytes that have no purpose

the whole softening of the rules in the last 7 years has not helped bitcoin. but has just helped dev politics do as they please even at the annoyances of bitcoiners..

These American businesses kept making money from sales of weapons to fuel wars in different parts of the world, while the US government ensured that no other country enjoyed the same freedom to produce. Any country that starts producing will be hit with sanctions to cripple the economy. Their claim is that these weapons are safer when it is produced in the US than in other countries. I wonder how safe these weapons are in the hands of the US and its allies when they are freely sent to Israel and used to kill innocent women and children in Gaza.

This idea might be weird, but if every country is allowed to produce military weapons at will, there might be peace in the world. When nations know that other nations have the kind of weapon they own, there will be restraints in attacking them. This is the case of the conflict between Iran and Israel. Israel attacked Gaza because they knew that they had better armoury but they were careful in dealing with Iran.

Correlation and pairing apply in crypto, so if the price of Bitcoin (BTC) falls, the price of altcoins will also fall unless MC is dominated by altcoins a.k.a altseason. As of today, Bitcoin (BTC) still has dominance with a percentage of more than 53%, meaning that it's not a good thing to invest in altcoins at this time if the price decline occurs again in the future.

Wah sepertinya Casey Rodamor lagi-lagi membuat ulah, jika sebelumnya dia menciptakan Ordinals, sekarang dia kembali dengan ide baru yakni Runes yang sama-sama berjalan di Jaringan Bitcoin. Yang membuatnya berbeda jika Ordinals adalah berjenis Non-fungible token (NFT), sementara kalo Runes adalah fungible token yang hanya merupakan meme coin. Release Runes dimulai saat jaringan Bitcoin mencapai block height 840.000.

Yang sedikit aneh meningkatnya fee transaksi di jaringan Mainnet Bitcoin, ternyata juga menular ke Jaringan Testnet Bitcoin, yang saat ini untuk Recommended fee (6 Blocks) telah mencapai level 48.5 sat/vB. Padahal biasanya untuk jaringan testnet rata-rata fee rekomendasiny ada di sekitaran 0.2 - 1 sat/vB. Ane sempet mencoba melakukan transaksi dengan menggunakan fee rekomendasi 48.5 sat/vB di jaringan testnet, ternyata baru mendapatkan 1 konfirmasi block setelah menunggu 21 Menit.

What are the disadvantages of dynamic block size and tail emission?

I also wonder what are developers reaction to the recent fees that spikes due to Runes, I didn't find any discussion about that in Bitcoin stack exchange, Github, or Linux foundation.

But, as the fees is keep declining, they might think it's not needed yet.

LN isn't going to solve because it would end up like on-chain.

Sedikit berbeda dengan teman2 , saya saat ini menggunakan MT4 (Metatrader versi4) yaitu salah satu software yang biasa digunakan trader forex.
Saat ini sudah banyak broker forex membuka pairing  crypto vs dollar, sehingga untuk trading crypto terutama bitcoin dan etherium saya memanfaatkan time frame pendek  ( M1 dan M5 ) dengan kondisi saat ini.
Dengan indikator yang sudah tersedia di MT4 selama ini saya tetap bisa memanfaatkan kondisi yg terjadi. Memang dengan MT4 saya trading crypto vs dollar prinsipnya yang bertambah adalah dollar saya pada akun MT4 namun dari kondisi pergerakan harga di MT4 dengan indikatornya saya bisa melakukan eksekusi beli , hold atau jual dimarketplace crypto.

Then why don't you run your own Nostr or Matrix server?


Opening LN channel from sidechain sounds interesting. But on other hand, it'll require some party use LN software which monitor activity on that sidechain. And in practice, both party could just create the transaction on sidechain itself since sidechain usually offer lower TX fee.

Mining reward will decrease over time and will gradually and fully be replaced by transaction fee. That is the reason this should be allowed. But bitcoin developers are sleeping to make bitcoin transaction to remain at 1 to 10 sat/vbyte. We need bitcoin developers to make a proposal that will benefit the future of bitcoin in regards to transaction fee.

In fact, I think China and Russia are aiming to destroy the empire of the US dollar, and China's role is more important than Russia's in expanding the world's economic influence. In fact, they will only want to dominate the currency that they can control.

I may be hated for saying this, but what's currently happening in the mempool is a feature, not a bug. The fact that we have a fixed-sized block limit means that the current clogged up state would inevitably happen sometime.

Another important reminder: Censorship won't prevent monkey jpegs. Let's leave asides if censoring monkeys would undermine one of the important properties: It just technically doesn't work. People who spend dozens of millions of dollars in monkeys everyday can bypass every censorship measure and save them straight to the UTXO set, which would be a lot worse for the rest of us.

Here's another: As long as the law of supply and demand defines the price of block bytes, we can never on-board billions or even millions of people on a layer-1 solution, unless we undermine another important property; being practical to verify the ledger.

Final reminder: The free market decides the ideal tradeoff. "Is it better to have a dynamical block size?", "Would it be worse if we traded 'being practical to verify' with 'being for the poor'?", "Would a tail emission save the situation?". These questions are not easy to answer. However, we have a lot of cryptocurrency options, each tailored to meet different needs. It's up to us to determine which option suits us best and to refrain from complaining about the shortcomings of a single solution.