Im not a supporter or opponent of digital money, but the white paper of bitcoin seems extremely thoughtful. the only thing that holds it down is that crypto often used for illegal purposes. most often laundering.

well, I agree with him. cryptocurrency produces nothing and has no fundamental value. this is just an entry in a distributed registry, and we can only hope that someone will buy it in the future. Bitcoin is in most cases used for the illegal movement of capital.

Many talk about the beneficial effect of coronavirus on Bitcoin. For example, Tom Lee, the co-founder of Fundstrat Global Advisors, said that the coin will rise in price by the end of this year to $40,000 due to halving, epidemic and geopolitical instability in the Middle East.

in the future, capital will return back to cryptocurrency.  when people start worrying about the value of the dollar and other fiat currencies.

apparently, he noticed  “bear flag” figure, on the bitcoin chart, which speaks in favor of lowering the price.

trader Peter Brandt says Bitcoin will become cheaper by at least 50%. obviously he doesnt think that bitcoin is a protective asset..

the current crisis is an opportunity to invest in stocks since after removal of the quarantine their value will recover. I missed the ideal moment to purchase securities during the March recession, but there are still good opportunities...

There are a lot of signals indicating that Bitcoin will successfully fulfill its role. Over the past few years, BTC volatility has declined significantly. The volume of long positions in the futures market has grown. Network activity (number of addresses, volume and cost of transactions) is increasing. And in March, cryptocurrencies quickly won back a sharp decline, that is, they regained their value, although they already managed to bury them again.

As history shows, buying stocks in the most unfavorable periods then brings maximum profit.

its the low correlation between the crypto market and traditional financial instruments make bitcoin attractive for investors. Gold and cryptocurrencies fell significantly during the downturn in the stock market, but now their price has recovered. This suggests that these assets are not dependent on a vague future society.

Due to the coronavirus pandemic, demand for bitcoin from investors will increase because its unlikely that the stock market will recover to its previous values.

I read that a venture capitalist Tim Draper thinks bitcoin ate will rise to $250 k by the end of 2022. and this guys they know this kind of stuff. the funny thing is that he thinks one of the reasons for the rise will be its wide distribution in the world as a means of payment. anyways, some of us are clearly wrong...

this can only be a matter of time. for example, the German parliament approved a bill that will allow financial institutions to provide services with crypto.

Another reason is rejection of digital money by leading services such as YouTube. there was a time when it began blocking cryptocurrency related videos, defining them as “malicious or dangerous content.” For the same reason, Vitalik Buterin video about the Ethereum roadmap recorded in 2016 was deleted.

This is a struggle of a unipolar and multipolar world. If the world is unipolar, then surveillance, and chipping, and slavery will be inevitable.

it is just an array of data. one must understand that to a significant extent this will hit just those who will introduce IT. so maybe you should delete your facebook account and calm down.

Now is quite an interesting time for cryptocurrencies. In the conditions of a sharp decline in the consumption of any goods and services, except for the most basic ones, such as pharmacies and grocery stores, for each business, including those with state ownership, the receipt of any funds will be very important. Those countries that will be able to understand this faster than others will receive additional advantages. And for all cryptocurrencies, this can be a big step forward.

but why? it was such a futuristic decision!

DAO Ethereum, Steem, Voice, EOS ...

the implementation of AI solutions at the level of low errors is quite acceptable and may even be desirable if AI shows better results than a person in terms of the number of errors made, if statistically and morally it turns out to be better. A good example is cryptocurrencies, where Bitcoin fully meets such criteria, and many altcoins using the same technology are created as bubble and do not meet such criteria.