How do you give them approval or permission? How do you know that you have given them permission?

Are you saying that when you connect with your Metamask wallet, Metamask is sharing your private keys with that website? I wish there was a tutorial on how Metamask works and a whitelist of safe dapps you can use.

I am a newbie and I get overwhelmed by web 3.0; this is too much to learn and too much lack of safety and clarity.

I think you are asking, if BTC were the only currency in existence in the world, what would it's purchasing power be? How can that be determined? The answer to that is this: the purchasing power of a currency is the quantity or number of that currency in existence divided by an accounting of all the physical wealth that exists. So in this case:

18,923,556 BTC / [total accounting of all physical wealth such as all real estate, all physical tangible resources, all valuable physical assets that exist] = the purchasing power of BTC

In this case the total accounting of all the world's wealth adds up to $360,603 billion US dollars.

18,923,556 BTC / $360,603,000,000,000 = 5.24x10^-8 BTC, or 5.24 satoshis, per $1.00

In other words, 5.24 satoshis would represent the wealth that 1 USD used to represent. So in the United States at current housing prices, you would need roughly 1,572,000 satoshis to buy a house.

Someone check on my math.

I concur with XUR, the bear market has arrived, has only started, and has been overdue. We might get one more pump but it will be tiny. Many alts will not survive the bear market. Some will, but price will see a lot of decline.

No, shib will not hit $0.10 ever, but it could maybe hit $0.0001 if they actually follow through on their alleged plans to create a game that everyone wants to play, causing lots more people to buy shib. In the real-world, things that do not have actual utility are destined to fade away. Keep in mind that the ethereum whales who are investing in shib own only 1% as much shib as they do ethereum, and they are hoping that it will pump like crazy but they are ok with losing that amount if it doesn't.

You mentioned that high gas fees are normal. I'm a normie coming into crypto, so my thoughts on this are different. The second I saw the gas fees I decided not to do any withdrawal/moving of ETH.

I think of crypto/blockchain like a credit card processing network, so this is what I compare it to in my mind. To bring crypto to the masses and make it more mainstream as a currency, the gas fees will need to go down. I would like to see it cost less than credit card processing fees, which range between 2% - 3% per transaction. So for example if you buy a $20 item using a traditional credit card with fiat, the credit card processing (network) fee will be $0.40 - $0.60, and in some cases more because there is also a fixed amount included, so it could be as high as $1.00.

I would like to see a $20 online transaction made with crypto cost $0.10 to process. I am ready for this to happen; I am ready for cheaper online buying/selling, but the blockchain is not there yet.

Will ETH 2.0 (Serenity update - proof of stake model) get us there? How much will the gas fees be? Will it only be 50% lower than current gas prices? If so, this is not enough to make the ETH network mainstream, and more progress will need to take place.

I maintain a balance of fiat in the centralized exchange as a parking area or reserve to conduct a trade, so I'm not sure what benefit a stable coin could provide over using fiat. Conducting a trade using stable coin pairs is not free--the exchange will still charge fees to conduct a trade in a stable coin, just as it does to conduct the trade in fiat. So I don't see the benefit or purpose of using stable coins, at least for trading.

Hi, I'm a normie who finally got into crypto in nov 2021. But I don't get stable coins. When you sell your crypto, why don't you just convert back to fiat and put that fiat into your bank account right away? I worry about stable coins becoming un-pegged; this is a big concern for me; it's an extra worry that you don't have if you just convert back to fiat right away.

I can see using stable coins as a trading pair to purchase alts on a dex but I don't understand holding stable coins for longer periods of time like weeks, months or years as a store of value; to me this feels way too risky. What am I missing?