Hi everyone

I am asking this question out of curiosity and to also know what you guys think...

if the government of your country decides to launch a centralized cryptocurrency exchange specifically for her citizens which you are part of, will you shift your usage of other exchanges to this exchange without being forced?

1. That is, if the government did not ban the citizens from using other global exchanges, will you willingly switch to using the exchange from the government of your country?

2. If the government bans, and blocks citizens access to other exchanges except the country's own exchange, will you forcefully use the exchange or will you find alternative means of accessing other global exchanges?

Let's read your take on this and do forget to give clear reasons why you did choose whatever you choosed..

Quote from: Royal Cap on March 29, 2025, 06:23:03 PM

I was thinking about cryptocurrencies.Then find that cryptocurrencies exist only for the miners. What would happen if the miners stopped mining?
Will cryptocurrencies die?

Cryptocurrency will not die if the miners stops mining and there is no way the miners will stop mining when all bitcoins left to be mined are not fully mined out in circulation. And if you’re thinking about what will happen after they have all mined the bitcoin left, miners won’t remain jobless because they’ll still be the ones to be confirming transactions on to the blockchain. The miners rewards will not cease still and will continue to be given to them after approving any transaction into the blockchain.

Quote from: Aanuoluwatofunmi on April 17, 2025, 07:09:48 PM

Quote from: albon on April 16, 2025, 02:41:45 PM

Quote from: CPalmer on April 08, 2025, 09:17:24 PM

Definitely!! If a memecoin upgrades to having utility, it will grow beyond the shitcoin tag, i also think about it sometimes if memecoins can actually grow to be called an altcoin. Then, when I think about the level at which Doge and Shiba Inu are right now, I conclude it’s impossible.

The future of meme coin is very dark and almost all investors are now disappointed with meme coin investment. We have been enjoying the hype of meme coin for quite some time especially the Telegram gaming project. However, with the change of time the meme coin has now been tagged as a scam. Crypto memecoin is losing funds quickly so don't invest in this meme coin with disappointment. You can also call meme coin a scam as well as a shitcoin. You will only get angry about meme coin investment when you repeatedly lose money from meme coin investment.

We should understand this with memecoins, that they can make one rich at the shortest time and still make someone go on loss at the same shortest time, anyone interested in making an investment in them should be able to take risk in them, if we think we can afford on the risk to invest in them, we can always consider them and invest, because it have a lot needed to be in place before we can invest and quickly sell before we run loss as the market goes against us.

Some meme coins are known for great profits, yet the nature of investments in such currencies also implies great losses. However, you have to be prepared to the great uncertainty if you are going to venture into them. The meme coin market is very volatile and if one does not have a plan prepared, the investment can be gone in no time. It is therefore important to very well assess the risks that accompany the extent of participating in this market. If so, ensure you are aware when to exit, or the amount of capital that you can in a position you are not prepared to lose. Reading the hidden meanings of this saying, it will help me be ready for any disappointment since life is unpredictable.

Quote from: Hisbullah on April 10, 2025, 02:52:12 PM

Quote from: Stuart on April 09, 2025, 10:43:42 AM

Quote from: JoyMarsha on April 07, 2025, 10:57:09 PM

Letting your kids know about crypto will be based on how inquisitive they are about it and what level they are. You don't talk about crypto to your kids when you haven't heard them talk about it or ask you about it. It should be when you have heard them talking about it, you can quietly break it down to them on how crypto investment works. What they should know about it.

I can't move into telling my younger siblings about crypto when I know she hasn't come across the word "crypto" before. Even if she has, hasn't asked about it

I concur to this point of yours, cause when there is interest, there will be a zeal to learn. Though, as a father, knowing what to teach your children that will benefit them in future is very okay, as it is related to financial education and digital technology at a tender age. Lets say, if the child is below 16 years, and is being taught about legit financial knowledge, the seed has been planted, and as he/she grows, there will be interest in finding more or asking more questions related to it. But if he/she is above 16, they might find difficulties receiving what he is being taught, as a feeling of accepting what he/she wants and rejecting that he/she feels is not of interest.

Teaching about finance to children under !6 years old is indeed easier than teaching children who are a bit older. because sometimes they have their own thoughts.
learning crypto is better for children who can already control their emotions because if it's just knowledge, it's okay, but if you start practicing investing or trading, this requires good emotional control.

I think what you said could be true, but it all depends on the child, because the typical child is certainly very different and not necessarily the same in accepting what is informed.
I totally agree, investment and trading are indeed more suitable for children who can already control their emotions, so they will be able to apply everything that will be done, not just the knowledge they have.

Quote from: gunhell16 on April 10, 2025, 03:05:59 PM

Bear market is very unpredictable, no one really knows. That's why what most people always do just to keep their assets safe is to just buy as long as they can buy bitcoin or other crypto assets. There are also many altcoins that really have potential in the future.

Now it's up to us how we can identify the crypto assets that have the ability to give us profit in the near future especially since we are in the bull season right now.

Yes, each of us must always see which gaps can be exploited when the market is not doing well, or vice versa. We must have a strategy to be able to take advantage of the situation.

This will return to the analysis we do and also whether we are interested in holding altcoins in a situation like this. I personally always try to take advantage of it, yes, even though there are limitations that I still have.

Yeah, for me If a memecoin starts offering real and useful features that people actually use and like, it can grow beyond just being a “joke coin.” Once it has real utility, it’s not just about hype anymore it becomes something with real value. People might still call it a memecoin because of how it started, but it can definitely be taken more seriously in the crypto world.