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If there are people, who say that, if I can, I will prove to them that bitcoin is not illegal by giving the figure that bitcoin gives to the economy. If they still do not understand, then I will leave because they say they do not want to know.
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Countries that banned bitcoins from fear to ignorance of protectionism, conservative governments tend to eliminate and avoid the risks of Bitcoin. The first government privilege is to ban all new technologies that have the potential to shake their dominance. In the most terrifying cases, the citizens have seized property, bank account frozen and imprisoned. The government can not block the popularity of Blockchain but may prevent its people from accessing them. Like the ban on drugs, alcohol and the Internet, the Bitcoin ban is ridiculous and unreasonable. Moreover, that is precisely the case in the following countries: Bangladesh, Bolivia, Ecuador, Kyrgyzstan, and Nepal. As recently reported, the Nepalese government has arrested nearly all those involved in cyber-trafficking.
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I think the nature of the internet and bitcoin is the same.
Kelly compared Bitcoin to the early Internet companies of Cisco and Microsoft, considering the similarities between Bitcoin and Cisco's routers and Internet protocols. However, Kelly emphasized that it is not right to think of Bitcoin as a company or a stock: "This is an open source software, you can not think of it as a company, and people make a mistake about it. This is not a stock, it's not a company."
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There is a fact that Bitcoin is not the only electronic currency. Bitcoin rivals have been emerging, serving quite well for those who feel they have "missed the train" as the Bitcoin bubble grows out of reach. Ethereum is one of the strongest rivals, while Litecoin and Ripple are faster than Bitcoin. The more powerful the opponents become - and the more popular - the domination of Bitcoin will be "diluted".
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10 times? That will never happen unless there is some mysterious force behind the high bid bitcoin.
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This past summer, the Bank of England also tested blockchain in its payments with other central banks and everything went smoothly. Earlier, in the spring of 2017, the Bank of England asked Dr. George Danezis of the University College London to try to build an electronic bank on behalf of the bank. RS Coin was born there, and it looks like it includes a lot of features for banking purposes: the central bank can easily control the supply and the amount of money circulation at all times.
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Possibly, the creation of a new Cryptocurrency is to rebalance the crypto market. At present, the number of crypto in the market is very large, but the value of each type of difference is very high. The creation of a new coin must be done at the same time to create the trust for users to receive the trust of the investors.
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Its intrinsic electronic money cannot be controlled by banks around the world, with this, exchanges, bitcoin deals or other electronic money that will cause banks to lose. Their control of the part of the economy, the banks will lose revenue about their revenue.
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When investing, you know the risk is high, that makes you feel a little safer. At the present time when you have a small amount of capital is not suitable for investment, it is thought that it is only suitable for large investment funds.
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The reason Facebook denied cryptocurrencies because the user could anonymously transact. And that can cause Facebook to get very tangled about the legal.
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I think co-coin and dollars increase at the same time with no coincidence. USD has no major influence on Bitcoin because Bitcoin has no managers, no servers. In contrast to the US dollar is controlled by the United States, China, and other developed economies.
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I find that the most valuable electronic currency to invest in is, Ethereum if you want you can invest in it to grow it.
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