Totally agree with it, packed my Ownr wallet

Trust no one, the best way is to check and double check

Don't think it is best idea to give financial advice to your friends and relatives

I've seen that they use satoshi for small purchase

Right now it's better to hold. I believe after halving we might not see huge green bars but after few weeks we might see the greatest moves

I don't look at the price I just buy by small portions each week so basically your price become average

Proof of Work (PoW): It's like a race where miners compete to solve puzzles. The first one to solve it gets to add a block of transactions to the blockchain and gets rewarded. But it's like an energy-intensive race because solving these puzzles requires a lot of computing power.

Proof of Stake (PoS): Instead of a race, it's more like a lottery where the chances of winning depend on how much cryptocurrency you're willing to put at stake, or lock up as collateral. The more you have, the better your chances of being chosen to add a block to the blockchain. It's less about brute computational power and more about proving you have a stake in the network. Plus, it's less energy-intensive compared to PoW.

As long as they will keep buying not selling don't see problems

Хороший обменник, все нужные мне монеты нашел. Главное что не тормозит, быстро меняет

In authoritarian African countries, legalizing Bitcoin may face challenges due to centralized control. However, discussions around its benefits for financial inclusion and economic growth could still emerge, influenced by factors like government attitudes towards digital currencies and financial systems.

Absolutely. Bitcoin's resilience against FUD and FOMO showcases its core strength as a decentralized store of value. Looking ahead to 2140, the year of the last Bitcoin's mining, prompts reflection on the importance of long-term financial planning. Investing in Bitcoin now may offer significant benefits given its scarcity and growing adoption, making it worth considering regardless of age or concerns.

If everyone holds onto their Bitcoin and nobody sells, it could reduce liquidity in the market. However, there will always be some sellers, and new Bitcoin is constantly being mined. Plus, transaction fees provide revenue for miners. So, while holding is encouraged, the Bitcoin ecosystem has mechanisms to ensure market functionality even if many people hold onto their coins.

I believe taht Argentina right now is following the steps of EL Salvador

People who invest in crypto already accepted the high risk, BTC got the tech that makes people want to accept the risk

Don't think political condition will help BTC

In terms of price and liquidity I would say it is dominating gold

This is really weird, calling police on your son. Parents suppose to take care not trying to send their kids to jail

Sure! Bitcoin's energy consumption from mining can contribute to climate change, mainly if powered by fossil fuels. Efforts are underway to make mining more sustainable, but it's still a debated issue.

Less Control: Cryptos work without a central authority, so they can be more reliable in unstable economies.

For Everyone: Cryptos can provide financial services to people who don't have access to regular banks.

Save Money: Some cryptocurrencies, like Bitcoin, are seen as a way to protect savings when the local currency loses value quickly.

Global Transactions: Cryptos make it easy to do business with other countries, helping trade and money transfers.

Less Corruption: The technology behind cryptos can make financial systems more transparent and reduce corruption.

New Funding: Cryptos can be used for innovative ways to get money, like Initial Coin Offerings (ICOs).

Move Money Easily: Cryptos let people move money across borders without restrictions, important during economic troubles.

Protection from Inflation: Cryptos, especially those with a fixed supply, can be a way for people to protect their money from losing value in times of inflation.

I plan to take it the same way I was buying it by parts