This is the reality as long as we are modern. Think back to ancient times when people didn't know what money was. They make transactions through products. That is, one would replace the other's meat with vegetables. And that was the process of their transaction. People have changed over the course of the day. At one time they used the leaves of the tree as a means of transaction. Later, gold coins and silver coins were gradually introduced. And today paper money has been created to make transactions easier. But even 300 years ago there was no bank, and today we cannot go without a bank. In the same way, 20 to 30 years from now, maybe the banking system will go up. Because people don't want anyone else to know their bank account. And people will choose digital cryptocurrency as an alternative to this bank. Bitcoin may be his alternative. Bitcoin is a decentralized process. This means that there is no need for a third party in this process. There will come a time when people will no longer take the help of banks. They will manage all the activities of daily life starting from shopping through digital cryptocurrency.
If my idea proves to be correct, will the government of the country accept it?
1. Will the government of a country ever want their banking sector to be abolished?
2. How will the government collect taxes from the people?
3. If the government can't keep track of people's legitimate money, won't corruption increase?
These aforementioned are already the case in loads of nations. People are finding it difficult to undersand the why the government is making sanctions (although in some nations) concerning crypto and also some countries are accepting crypto as they now know it is almost impossible for people to be kept away from crypto related transactions therefore there arises the need for them to make regulations as concerning the event of blockchain related operations so as to also keep track of their transactions. |
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One thing about the blockchain space and the bitcoin network is that speculations controls everything. Firstly, people trade the coins based on speculations and the originator of the technology is speculatedd to be from china and also speculated to be a person or a grou of developers. I think the inventor of this technology is way too smart to leave tracks and every thing we see is mere speculations as well.
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Hi recently my family affected with covid19 and also huge inflation in my country also job losses . Worried about couple of days after i started looking into alternative income . As always crypto assets became saviour for hard time .
Thanks to bitcointalk and its communtiy . I earned some crypto in past thats helped alot for me .
It is the time i found the real potential of crypto and its communtiy .
I think it is the one of the blessing in my life to get out of my struggles .
Please i will urge you to share the exact tasks performed (whether skilled or unskilled ) so as to further equip those who have the same wishes and desire to make money as thye may be in a much worse situation than you already are in. Links to the sites will be appreciated where necessary. |
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I use TransferWise to transfer funds to exchanges. they don't allow trading bitcoin so my account got deactivated and money withheld. I was told will be a refund but haven't received it yet.
currently, my transactions are just limited to cryptocurrency alone. I don't care what their integrity is or what they have to offer. I have been a victim of loasd of scams and it has further advised me on how to exercise patience and how to avoid certain transactions and strike a balance as preferences are better. |
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I came to investigate the richest man in Africa, he is not a bitcoin users, but a business man who don't depend on bitcoin investment.
The richest man in the world, he is not a bitcoin users but a business man who use fiat Money to invest and make a good profit.
Is there any way someone can use bitcoin to invest and become the richest in the world?
Your opinion is needed.
The richest man in Africa and the world may not have made their fortunes through bitcoin but if you were to profile the bitcoin millionaires and the time frame taken amass the wealth and compare to the Richest men and the time it took them to get that same amount of wealth you will understand why time is of great importance to everyone and most importantly in business. |
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Stick around for more interesting topics and more informations concerning the space. It never ends and the knowledge gathered is worth the time spent. Almost 75 percent of the information I have on and about blockchain and crypto came through this platform
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The Bitcoin price is yet to hit its ever all-time-high and it is well to be resisted because i do not see a posibility of the price of bitcoin hitting the All-time-high and beyond as it has been bullish but without a concrete reason apart from the fact that we now have investors buying into it. I do not consider that fundamental enough for a breakout.
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What is Stopping?
Why government Don't kill btc?
Why They protecting the btc?
Its Becouse They own Secretly btc?
Like They did with Gold in USA They banned Gold then They Secretly bought Gold in history
I think it is not like gold. In the case of gold, it was visible, and within the reach of the government and could be regulated or controlled by the government and also agencies but in the case of Bitcoin and its technology, It leave governement with no access towards controlling its flow and circulation. No doubts, it has eluded them and they can not comprhend it else they would have put a stop to it earlier. |
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Can we restore seed phrases from a hardware wallet . Just like trust wllet or other if we allready login into it and the we have a option to restore or see phrases again..  I have not used a Hardware wallet before but I think it works the same way. If you got a seedphrase when setting it up then it should be retrievable from the walelt while its still functional except in cases of theft or damage. just my opinion though. Someone with an experience in here can throw more lighton this. |
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When you talk about security, I am considering the levels of security to avoid account compromise. For this reason, two level security is always a feature in modern exchanges as it creates a security layer that can not be breached easily just incase their passwords gets compromised, their funds should still be safe.
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Can everyone supply me where website can redeem crypto to withdrawl usd?it is better withdrawl usd from US bank to outside countries.
i know coinbase has a feature like that although I have not used it before but i know it has some features that can convert your funds to usd directly and withdraw but on binance, I kow you can convert crypto to fit but whether it has bee activated for withdrawal is what information am yet to be furnished with. |
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More recently, on Twitter, Chainalysis unveiled an analyst that says Bitcoin's current growth in 2020 is driven by heightened interest from institutional investors. As you know, during the pandemic, many institutional companies began to revise their classic investment portfolios and allocate part of their money to buy bitcoin. 77% of mined bitcoins are currently on illiquid wallets, from which only 25% of bitcoins are sent, that is, 3.4 million bitcoins are available for buyers. Since the ATH reached Bitcoin, there have been 3 million more bitcoins on investor wallets. And on the highly liquid wallets of traders, on the contrary, there are fewer bitcoins. The following graph shows the involvement of institutional investors in large transfers of bitcoin from exchanges. In 2020, the engagement rate increased by 19%, compared to 2017: Let's parallelize the growth of Bitcoin in 2017. Back then, the catalyst for growth was retail investors buying cryptocurrency with personal savings. Also, the influx of bitcoins in 2020 is observed more on North American exchanges or exchanges focused on this region. These sites are more preferred by institutions based in America and Europe. Compared to 2017, then Asian exchanges had priority. So, let's summarize. The price of bitcoin is growing because institutionalists see bitcoin not as a speculative instrument, as it was before, but as a long-term investment, investing in bitcoin is now strategic. Against the background of institutional interest, Bitcoin is also being revealed as a means of payment. Many large companies add it to their platforms, which also has a beneficial effect on its price. Experts predict an influx of other institutional investors and further massive adoption of bitcoin. sources:
- https://twitter.com/chainalysis
- https://forklog.com/chainalysis-bitkoin-vyros-vdvoe-posle-halvinga-blagodarya-institutsionalam/I tthink the increase in price of bitcoin is as a result of bitcoin having more than enough investors committing their resources towards buying bitcoin and also making the market scarce and also reducing the circulating suplly cos to the rest of my knowledge, when bitcoin is bought by investors, it goes to a wallet for safe keeping. |
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People should always verify transactions before sending as they already know the technology is irreversible and no one can return or recall the transaction for them adn it is also not for these kind of conditions that a 51% DOS attack can be initiated. If one is pretty new, he should consult people who are knowledgeable in the technology. |
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What do you think about the price of Bitcoin now? Take profit or continue to greed? I understand how you feel about Bitcoin's price crash in the past. And many people are thinking about taking their profit when Bitcoin go back its old top around 20k USD. If you look at the chart of Bitcoin recent days, you can see Bitcoin continuously sold down at the price 18.2k USD, it shows that many people had already taken their profit but it was immediately bought around the price 17.5k USD and be supported very well at here  Let's think about what happened next when they had already taken profit? the break of its old top and keep going up? In my opinion, I see the price movement of Bitcoin this time compared to 2017, there is a difference significant when we see the monthly chart of Bitcoin. 1. The first period is from Jan-2017 to Jan-2018  -->There are almost no adjustments, and the price went straight from 1200$ to 20.000$ 2. The second period is from Jun-2019 to Nov-2020  --> The price moves in its correct trajectory (maybe Elliott's wave) with some significant corrections. Beside that, I want to show an interesting information about the difference between BTC flowing into and out of all exchanges.  (Source: https://cryptoquant.com/overview/full/474?window=day) We can see the red candles represents for a drop in Bitcoin deposits on exchanges and that could be a sign that there is little taking profit here on exchanges (there may be trading on OTC exchanges) Finally, this is just another view of the market from me. And with long-term investors, you also shouldn't have too much headache about profit taking or not  I think the market is basically controlled by the marketers, so, if they are taking profits at that level then there is a possibility of the price crashing to a lesser value within a short time frame and also considering the fact that the US elections are still to be clear on the outcome of the winner, I see an impact on the price of Bitcoin as a result of this in a short while. |
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We should consider ourselves lucky as early adopters of the technology as not everyone is advantaged to be around at times like this when things are evolved. Imagine twenty years to come when a never version of Generation will be birthed and they wish they were in your era when the whole evolution started. Just consider that and buy crypto now. |
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Most of the people who have been around the space for a long period of time clearly understand all of these things you are talking about. However, the newbies will not entirely see reasons with you until the explanations gets repeatedly resounded in their ears. I noticed that bounty campaign managers can not function beyond the terms stated by the project team that contracted them, and bounty hunters always have their preferences and those aren't within the confines of the campaign manager and when the term changes, hunters always complain too.
Bottom line is, hunters should understand that, although the campaign manager tries to ensure that they get their rewards, he is not the team as he was only contracted to manage the campaign and still is under their control and in most cases does not directly have access to the rewards of the hunters.
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Just like the ICO boom of 2017, the "De-Fi" space seems to be heading towards an ever-rising hype cycle. It shouldn't be long enough before scams start "kicking in", making governments regulate the space in their entirety. If they impose heavy-handed regulations like they did in ICO's early days, "De-Fi" might no longer be the same. Imagine developers being held liable for creating and launching a "De-Fi" platform on the Blockchain. The growth of the industry will stifle because of fierce regulations from mainstream governments. After what happened with ICOs, new denominations have emerged (namely STOs and IEOs). These new kind of ICOs have built-in mechanisms to comply with government's regulations such as seizure of assets and more. Something similar might happen with "De-Fi" if governments decide to start cracking down on the entire industry. What do you think the outcome of "De-Fi" regulation will be? Will governments be successful at the task like they did with ICOs? Or not? Your input will be greatly appreciated.  The Idea behind decentralization is basically leaving the regulatory agenies and institutions in the dark as long as the technology is concerned. the space is controlled by the general public and they get to decide what they want and what stands. If they community of people in the blockchain space decides to have a uniform government aside the government of the world, they can not be stopped but there is no way for government to control what they can not be in control of. It logically defeats the tech itself. |
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How come you considered it as whitepaper. Anyways many were not interested in ICO now, the term ICO is long gone due to many scam accusations and attempt that many developers and project owners did in the past. Better find a investor on your area or personally without pushing the ICO and try to be listed as much as possible in a good exchange so you're project will be notice.
Was looking also where his whitepaper is? Is the OP referring to his post as whitepaper? Obviously, he needs to forget this "project" as it seems this will be another crap ICO project. I'm not seeing a very solid background that will truly shows that he is ready to embark the crypto business. If he thinks that he has the capability to realize his objectives, better look for private investors and pitched this project. We don't need another weak ICO project that will only take money from gullible users. I think everything still works for whoever wants to deploy it. That scammers invaded the ICO and people lost confidence in it doesn't mean that some people don't raise their startup funds using the ICo method. Its just that the number of people that will have confidence in the ICO kind of raise are very few. Again, the AI research may not entirely be the same as what things already exists. Give people the opportunity of showcasing what views they have towards the betterment of the world. |
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Proof of authentication
Bitcointalk Username: jerrison
Telegram Username: @jerrisity
Twitter Username: @jerrisity
ETH Wallet: 0xc47C291ECE9319CF5acF74704DC816a2cE14A407
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