Even after Ten years still Bitcoin is used by Geeks and majority of common citizens doesn't seems to use Bitcoin as a currency or even for trading purposes and I think this situation has occurred because still it is not approachable and that is because even it has all the features for a proper usability majority of people doesn't see Bitcoin as an usable currency for anyone who has basic technical knowledge which is not true but in order to change this situation and make Bitcoin more approachable to common people how its path should change in the future both technically and socially to convince it is a currency for everyone
Compare to the past few years, bitcoin has continuously increasing its popularity and we can say that even common citizens uses bitcoin nowadays. Its just that, there's still a whole lot of people who doesn't know about bitcoin yet and I don't think that ten years is enough for the majority to adopt it. |
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People Can Now Buy Movie Tickets Using Bitcoin In Brazil Buying movie tickets in Brazil just got a whole lot easier through Bitcoin payment systems established by Cine Multi. Brazil initially showed signs of interest in Bitcoin and the blockchain technology last in 2017 when Brazilian Hotel Chain Vert Hotéis started accepting Bitcoins as payment for their services. This was then followed by Brazil's usage of the Ethereum blockchain to keep track and monitor the political expression of Brazilian citizens. Read more here: https://www.unblock.news/news/people-can-now-buy-movie-tickets-using-bitcoin-in-brazilLike almost everyday, there’s good news about innovation and adopting of bitcoin. It’s a great thing to advertise bitcoin and also a good start to take the interest of people to try this kind of development for more adoption. |
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As long as there's technology and internet, blockchain and cryptos are going to stay. It's a great thing that more business firm are starting to adapt bitcoin as a payment |
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For the people who are dependent on their pension, it will be really risky to invest their pension on bitcoin because of its volatility. But it still possible to invest using their pension but "not all" since there's a possibility of either gaining or losing. But I'm hoping it will bring a positive outcome for them. |
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So im literally a curioused person which wanted to have more informations about Deep Web and its wierd and creepy videos and stuffs. So I recently streaming youtube for a couple of hours, so basic compared to what deep web has, but after about 10 videos,i found this gem. https://youtu.be/rEtGb4Eenp0So for those who have no time watching a 14:27 minute video, ill make a summary for you. So theres this youtuber who wants to access deep web, just a curious guy like me. Then after a boring introduction, he finally opens the site. So to make the story short. He finds all illegal stuffs like hacking, buying other peoples account including paypal and even bank accounts perhaps, steps on how to do illegal things and a bunch of drug dealers all for suprisingly low price. Whats surprising is this. MOST OF THE DEALS ARE CAN ONLY BOUGHT BY BITCOIN !!!!!!!!! WTF. I really stumbled that even the dark webs and illegal organizations only accepts BTC because of its anonimity. Heres an interesting topic for you guys. Lets discuss about this and maybe you have a lot information than mine. Nothing much to be surprised about it. The idea that they can hide their identity by being anonymous. And since the transaction happens between individuals and no intermediaries needed, it most likely to happen. It's a win-win situation for them. Since bitcoin was made that way, they're abusing it for illegal transactions and for their own benefits. |
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Lot's of Bitcoin ATMs keep popping in the developed countries such as US, Canada, Japan, Hong Kong etc. But I have been thinking why don't the owner's target countries without much economic stability? Like Venezuela (btw they just got their first Bitcoin ATM). That would increase the adoption. Something like backpropagation. What do you think? I get the point that it's good for adoption but I think the reason why they tend to put up bitcoin ATMs on developed country is that, it's already developed. They're ahead when it comes to technology compared to third world countries. So it's much easier for them. Putting up bitcoin ATMs cost a lot so it's hard for third world countries to invest such things, not knowing if it'll be worth it and if they can gain profit from it. |
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I have watch analysis on YouTube by different economy think tank how the US dollars is getting weak by the day because of the ever rising USA national debt profile, they huge own the Chinese government trillions of dollars, the government of China has been asking USA government to pay them their debt, but they are not willing to pay. An analyst predicted that the US government is not going to pay China the debt, saying "should the US government offer to pay the trillions of dollars debt, it will spell doom to the US economy and further weaken the dollar or even bring it to its kneel". Because of the aforementioned economic saga, the Chinese government together with some other power blocks are willing to bye pass the US dollars during trade by dealing directly with their local currencies rather than the US dollars. In the recent times, the President of Russia has expressed the willingness to ditch the US dollars.
Should the US dollars greatly loss value and become less use by world economic powers, something else has to move in to replace the green paper(US dollars). Of course, the United States won't like to loss to any country, am thinking maybe the world could just adopt the bitcoin as the world reserve currency, since it's owned by no one and controlled by none.
Guys, what do you think, will the world likely be willing to adopt the bitcoin as the world currency in the event of the US dollars collapse?
Well of course US, won't let that happen. (USD to fall) but if that actually happens in the future, I don't think the one who'll replace it will let bitcoin be the currency. Why? Because it's decentralized. The government probably won't accept it since they will have no authority. Addition to that, it'll be hard because of its volatility. About your analysis, it could be possible maybe through time? And when the society already accepted bitcoin worldwide. |
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While reading articles there were two paragraphs that questioned me Proof of work was only ever a way to take central control out of the Bitcoin system. But decentralisation is hard – centralisation is always more efficient. So decentralisation failed by 2014, when mining had recentralised to a few large pools. Remember the 51% apocalypse in 2014?
Bitmain has controlled up to 50% of the mining (across multiple pools), makes 80% of the ASICs, and already messed with the BTC hash rate in late 2017. Nobody cared much at the time, because the crypto bubble was in the throes of full “number go up” on the exchanges.
The point of cryptocurrency was decentralisation. If you remove that, the only question left is “why on earth are you bothering with all of this.”
(There’s arguably a hypothetical use case for a centrally-administered blockchain-like currency, such as XRP, which then doesn’t have to bother with proof of work. In that case, we’re still waiting for non-hypothetical production systems that move beyond pilot stage.) https://www.theblockcrypto.com/2019/01/31/the-buttcoin-standard-the-problem-with-bitcoin/ It turns out that crypto communities make a lot of noise about the value of decentralization, but when you look under the covers, the entire coin comes down to a very small number of participants. For instance, Bitcoin’s blockchain is constructed by 19 mining entities, that’s it. Ethereum’s blockchain is constructed by 11. These are tiny numbers. While it’s true that each and every one of these mining entities consists of multiple sub-players, the fact is that they have come together under a unified entity and are operating together as one big business unit. There is a narrative that mining pools are internally decentralized, that there is invisible decentralization in these systems.
That argument turns out to be complete bunk. It’s like the emperor’s new clothes: they claim that there is something there that no one can see or measure or touch. The bottom line is participants in a mining pool are typically in no position to question what a pool operator is doing. They are in no position to detect when a pool operator launches an attack. So this narrative that these entities are internally decentralized doesn’t hold water. They might not be incorporated, but they are very much one group of people operating for a common cause. https://www.longhash.com/news/interview-with-emin-gun-sirer-there-are-no-truly-decentralized-coinsSure centralization is easier that decentralization but does it mean it's impossible? Hell no, I am confident we can still build something decentralized, we can't be perfect within a decade, that's something taking a lot of more years. I am interested in a debate with people on this subject and the author's opinion Let's admit that decentralization is quite harder and complicated. There's always pros and cons about centralized and decentralized. We're just used of centralization in our society. Maybe in the future and if the public adopts decentalized system, we'll get use of it too. There's always a room for improvement though. |
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Decentralization is one of the greatest dreams of Satoshi looking at the how the blockchain technology and its immutable distributed ledger has been designed. Well it saddens my heart that the greed of men has led to the abusing of this freedom and liberty that Satoshi wanted us to have in the financial industry. Look at the way people are being scammed and robbed in broad day light just because crypto is embedded in anonymity and decentralization. I think we've all had it to the peak, how about we have some level of regulation with the activities in the crypto industry. Share your thoughts commrades.
Decentralization means no third party involvement and we all just want the idea of it that's why we're here. And it's not "us" who abuse decentralization rather "them", who have greedy hearts who only want the best for them. And we can't do anything about it if they let that "greed" eat them. |
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As far as I am concerned cryptography is being used by human race for 1000s of years and it may got improved into more complex levels with modern computing era.
Cryptography provides security to bitcoins hence it is just layer of security thing and it is not the actual part of what we are considering as bitcoins, right ? If it is so, is it right way to have a term crypto-currencies ?
I agree it is a term to represent bitcoins and other coins as no other money system is being secured this way. Yes, cryptocurrencies is just a term to distinguish bitcoins and altcoins from paypal or skrill.
Then what could be a right way to represent bitcoins and its clones in general ?
Might be BLOCKCHAIN-MONEY or BLOCKCHAIN-CURRENCIES having exact representation of bitcoins and altcoins by conceptual way. Probably it may be a hard term for non-technical people (even crypto too). Smart-money or digital-cash are easy terms for anyone but not exactly representing bitcoin-family. If you have any suggestion, please do mention, we must have easy term for making it to main stream adoption yet it must have meaningful representation.
Cryptocurrency is a digital asset that uses cryptography. Basically, for securities... And i don't mind if they're using cryptocurrency as a representation for bitcoin and altcoins. And I think it's also a meaningful one |
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Do you remember the times when Bitcoin prices were all over the place and price swings of $300 to $500 in any direction was normal.  Well, back then, everyone were moaning and complaining about the high volatility and how this negatively impacted the merchants and using Bitcoin as a payment option. How things have changed in a matter of 1 to 2 years is astonishing, because now people are complaining about the lack of volatility and how boring Bitcoin has become. Do we know what we want or are we divided in our goals, since more speculators have entered the Bitcoin scene in 2017.  Let's discuss.  People always find something to complain about what they have. Hard to satisfy them. If there's high volatility, someone will complain. If it's low, someone will also complain. And it depends on the reason why you're hear and what your purpose is... We have our own perspective about the volatility of bitcoin. There's always pros and cons about it. |
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Union Bank of the Philippines Launching Cryptocurrency ATM One of the largest banks in the Philippines is reportedly launching a two-way cryptocurrency ATM that is in compliance with Bangko Sentral ng Pilipinas’ specifications. In the Philippines, the central bank regulates cryptocurrencies “when used for delivery of financial services, particularly, for payments and remittances.” https://news.bitcoin.com/union-bank-philippines-cryptocurrency-atm/Another compelling moved that the Philippines is really working hard and getting closer to adopt bitcoin as one of the biggest bank in the country is launching a crypto ATM. Union Bank seems to be spearheading this, and as far as I can remember this bank is one of the first if not the first to integrate Paypal as well in the country. So let's see how it goes. That's a great news, now that the Philippines are slowly adopting to it. It's a good start for the Filipinos to try and embrace cryptocurrencies. Now that a big bank (union bank) is the first one to try this, I hope it'll soon spread and more banks will eventually try this adoption. This is a good news for Filipinos who uses cryptocurrencies |
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Hello, everybody, friend ...? Sorry I'm a newcomer, at the BitCointalk forum, I don't know much about Bitcoin, but I've heard a lot about Bitcoin, especially in print and electronic media, in one day I read about Bitcoin information in this forum, I am confused where to start, because I see many good, positive and negative posts. For example: Positive side:1. Topic: Working for Bitcoin2. Topic: Bitcoin ATM's are popping upNegative side:1. Topic: Will Bitcoin collapse by a global government crackdown2. Topic: Five Reasons Bitcoin Should Be Closed DownSo I was a little hesitant in investing in Bitcoin, of course because I was confused between good and bad, but I was still sure. What I want to ask the old seniors and understand the phenomenon of bitcoin in the future, whether I continue to invest in my estab lishment or not ...! for reasons of the above posting factors. (thank you). In Bitcoin there's always a pros and cons. And it's up to you if you will let those negative things about bitcoin fill your mind or you'll look at the brighter side of it. It's good to be skeptical and try to get to know more about it and how it works first before making a decision. Think of the posible outcome that might happen in every decision you will make. It also includes being a risk taker. You'll never know if you wouldn't try. But remember there's always a consequence in every decision, either positive or negative. |
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New learning. I just noticed this in the advertising section of the forum. The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC. Image: http://prntscr.com/mblnlfMeaning when I am paying someone in Bitcoin then I am sending him bitcoins  We are Bitcoiners and bitcoins are our currency. Thank you. It's kinda small thing that people don't really notice it. It just the matter of how you'll going to use it in a sentence, as long as it can be understand. But thanks for sharing this one. I have learned something |
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We're going to have to choose a native cryptocurrency pretty soon and Twitter CEO Jack Dorsey strongly believes it will be Bitcoin. "I believe the internet will have a native currency and I don’t know if it’s bitcoin. I think it will be [bitcoin] given all the tests it has been through and the principles behind it, how it was created." According to Dorsey, Bitcoin is something that was created and tested on the internet, therefore making Bitcoin a part of the internet. Read more here: https://www.unblock.news/news/bitcoin-will-be-the-universal-cryptocurrency-soon-says-twitter-ceoI agree with the CEO of Twitter that bitcoin can really be the native currency in the internet. Bitcoin already faces many problem through the years but still remain strong. And now that people are starting to recognize and accept bitcoin, it is really possible. |
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Kids shouldn’t go to school and learn the same repetitive education that trained them to be slave, like lawyers, accountant, doctor, they should be earning their own bitcoin too.
I don’t believe we shouldn’t teach kid about money, we should be encourage them to earn money, since bitcoin are easy to earn, why we must tell kids to follow the same advices that lead to what we have failed millenial generation today? We don’t want our kid to end up like millenial again, we shall teach them not working for money, and as young as possible.
Becoming millionaire is no longer a privilege right to grown up man, kids should have them too, easy access to banking are also shouldn’t limited to matured, why some exchange still so stereotype by not allowing kids below 18 years old to trade crypto, this is very sad and very bad to them.
First of all, in order to do or to achieve things, is by learning how to do it. Where do kids learn basic knowledge? School. Children needs to go to school because it takes an important role to develop and enhance their skills and knowledge. How can they understand how bitcoin works if they do not know the basic things. Since they're still a kid, they are still immature and doesn't really care about reality and only wants to play. Would they really think of earning money during that age? They need to go to school and when they are big enough they can learn how bitcoin works. |
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Crypto Zoo E.1. "The Crypto Stork" I am in the middle of creating a cryptocurrency cartoon show in Paint. I already have over 100 scenes done. The show is going to be based around cryptocurrency and will be a comedy show talking about recent events etc The first episode is a play on "fork" and will talk about Satoshi's vision and Cash. 27 second clip https://youtu.be/vfT1Nwdeu8gThis clip will obviously have audio etc when finished and will be around 10 minutes long. I just wanted to show how the scenes will work. Subscribe if you like it, and you will get a notification when the actual video is live.
Where do you get information about Bitcoin? Do you watch Youtube video's or just read the daily news? Well this is really interesting. It's a great idea to advertise and promote bitcoin using cartoon. It can easily get the interest of people especially since it is going to be comedy, as long as it's fun to watch, more people will be interested. Good luck, I hope it'll be successful. |
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It's undeniable men changed proportional to bitcoin, women didn't change for it.
whenever I give men bitcoin they will hold it
Whenever I give it to women they will sell it for $$$
Just deal with it women love money > bitcoin
Not to generalize, maybe most women does, but not all... Same goes for boys. And I think it really depends on the situation and their decision making. In my opinion, gender doesn't really have anything to do with it. |
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A beer company has marketed itself as the first blockchain beer on the market starting February 1st. This beer has a scan QR code on the front of the can so you can follow how it was produced. Just like other foods I have seen advertising this availability on their packaging. https://medium.com/te-food/blockchain-beer-introduced-by-canadian-collaboration-667a4b5d8480There has possibly been other craft beers produced calling themselves a blockchain beer from doing a quick search there is one called downsteam.  The above mentioned Bock beer is distributed by a major brewing distributor and not a just a small craft beer brewery. It's a great idea and innovation. Since it's the first blockchain beer, it can gain curiousity and interest from the consumer. The idea of letting people see how it was produced and made can give a big impact in the market. |
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I did some research regarding Smart Contracts and I can say I did not conclude to anything specific. Do you really believe that Smart Contracts can replace a lawyer? And has anyone actually tried to have any kind of exchange and used one Smart contract? Thanks, everyone in advance who will answer! I would love to hear some opinions. Smart contract is smart. It wasn't called SMART contract for no reason. The idea of "to replace lawyer" is a no for me although the use of smart contract is really efficient and can alleviate lives. It was made to make things easier and not to totally replace lawyers. |
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