selfmade

Well I do not know much about IOTA but POS has it's own disadvantages too, even worse the disadvantages that are not found in POW, so if IOTA would prove to be the best of course it could replace POS, but whatever it is POS would have it's long time of reign before it replaced.

Somehow you are right, but on the other hand bitcoin to become real money it's price must become fixed, in the future when crypto has not value in use anymore there would not be a problem even if bitcoin price become fixed or stable.

I don't think you got that right brother, I started using bitcoin at the early of 2017 as well and here is how the pricing went throughout the year at the beginning of 2017 the price was around the $1K then followed a brief decline on January and February, but on the same year on March 25 bitcoin made history and went up to $2K as the all time high which have not met again till 2021 when bitcoin had broken another ATH of $60K.

You are not wrong, you are a newbie as you say and you came up with a very wise question. I believe yes bitcoin and most of other coins are more of assets more than they are money as you say they are commodities, and this is because of their high inflation rate and volatility. However not all coins shares the same features, there are stable coins available and there are those with lower volatility and they are less commodity than they are money. In short crypto world is huge and you have a lot to learn here and the forum is a right path brother.

The reason I came here and the reason I'm still here are different; I came here to make money with this great paybypost campaign, but after I got here my reason and my own life changed for the better, I came to learn a lot of things and realize I could benefit here more than the payment they give us. Many accounts at bitcointalk are used for business especially long timers, that could me my account here after some time, and that is just one of the reasons among many.

What about the fact that they depend on electricity and internet to be spent?! that means if one of those two goes down for more than 2 hours and there are no fiat left, then you can not spend your coins for that given time. Do you think it is completely safe to have crypto without fiat?

Yes Topics created by beginners can receive ratings, but for a beginner it is kinda hard to get those ratings, because I have noticed if you do not have followers then your rating rate would be very low.

I think I read somewhere here that if you do not post at all for while not just topics but replies so posts in general, you could get removed from campaign.

I would answer you question by using the history of cryptocurrencies, what is happening with cryptocurrencies, is that it is getting stronger overtime because the more people invests and uses it the demand increases making it more valuable as an asset and more attractive to even more investors, the only way crypto would perish is when no one owns it anymore, which is almost impossible. So yes crypto would still be there at 2030.

By splitting work among individuals you mean proof of work or POW right? well even POS is based on splitting work among individuals which make up the increasing of supply of any coin, but like you I thin this new venture proof of work is kinda weird, as I do not think staking proves anything, looks like a lie even though it is true, so it sounds vulnerable to attacks.

I think this POS is more advanced than POW, but the risks it comes with are bigger, in my opinion I find POW more secure and reliable than POS, the disadvantages you mentioned scared me off.

I agree to the most part of what you say, but it is not true that banks are not secure brother, banks are secure than even most of the crypto wallets and exchanges, best of all they have insurance, so no matter what happens to the banks you money is always there and safe, the only part crypto plays better is privacy and self control of your own money.

When that happens almost all of the crypto world would collapse and it would take about 2 to 3 years to recover, but they would recover. The reason the whole market could collapse is the fact that bitcoin markets always move the other market.

Bitcoin is intangible by nature and by privacy, if you use bitcoin you are completely invincible for as long as you do not use centralized apps as sites.

Yes such things are available but online as we you know crypto is an online money, check out this site https://crypto.com/, is one of what you are looking for.

No matter how many people criticize gambling, for some it is real a source of income and it is quick and easy, but for some it is a disaster I agree, what I can say is gambling is quick and easy money, while investing has risks too and sometimes it takes too long to wait. In general bother have their own risks gambling is more risks. So it depends on what you want slow profit but less risk or high and fast profits.

That is why I do not like centralized exchanges, because they are monitored and one way or another they must have high trading fees, because they gotta be paying the governments very high taxes.

I have seen so many people recommending many sites to be safe, some of which ended up scamming, been hacked, etc. My question is what things to look at so that I can know for sure a particular crypto site is safe?

Cryptocurrencies would surely be the currency for all of us, everyone who lives would eventually use crypto I'm sure of this, but replacing paper money might be impossible, this is because there are downsides of cryptocurrencies that can not be covered, like the fact that without internet or electricity one can not spend their coins.

I think that it is real boring the fact that we have to convert our crypto into paper money every time we want to spend them, it would be better if we were able to use them directly some day, what you say brother?

You are right brother but I want to clear something, cryptocurrencies been cheap does not make them potentially profitable in the future, it is been of low demand makes it potentially profitable because demand can increase in the future, a coin can be of high price just because it has a very low supply and when demand increase's it would increase the price no matter how high is the current price.

I agree with you that popularity of coin has more value than the easy of use and the advancement of a coin itself, but why? Why people value popularity over real stuffs that a coin could offer? Or it is just ignorance of people.

I agree what talk token needs is demand, people who do not just own it by earning but those who actually buys and invest on it, real investors is what I mean.

All these projects are good, but it is the name that makes one stand, ethereum has big name, you see some of those projects are even better than bitcoin but they can not outrun bitcoin because bitcoin is extremely popular.

I think it is just a way to making their coin profitable so that people get interested to invest on it, it is a promotion and a competition.