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I think becoming an atheist in a time where religion is still the majority definitely takes some capability for free thinking, but it isn't the only important aspect to living. Control systems like government and monetary systems also need to be called into question, as well as ways we live that are commonly accepted.
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I mainly read to stay informed on technology updates or adoption, the effect on price in the short term doesn't matter to much to me since I will keep transaction BTC daily.
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I don't believe that the dates people were born necessary relates to their personality, the Zodiac is definitely not based in any evidence.
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Its becoming obvious that after 10+ years, virtual currencies just aren't going to take over the world.
Long term hodlers have to sell at some point or what was the point of buying in the first place?
Usage has been increasing year on year and major institutions are getting involved. Cryptocurrency also doesn't have to be what takes over, but a useful alternative option which its becoming better and better at. |
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At the moment I don't store any of them. I would probably use a safe to do so or have them encrypted on a computer if I stored them.
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The government making way to regulate the spread of cryptocurrency as many claims that they have heard about scamming issues. I may think this the best solution to minimize the level of scamming but somehow we don't want also to be controlled by the government as we wanted not to involve in corruption. If the regulation may not take place, we can't also think that we can stop these frauds and scamming issues.
It is absolutely normal for the state to want to regulate cryptocurrency. Otherwise it could be simple money laundering and tax evasion... Money laundering and tax evasion shouldn't be crimes though, they are just people deciding they would rather keep their money than have the government take it. |
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I want to look more into doing this. It could be very helpful in third world countries to increase adoption.
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I think that people should be able to talk about what they want to at work, but I also understand the reasoning for making the decision. A 6 month payout is also a pretty good offer and gives a lot of time to find additional employment.
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BTC has been one of the best performing investments with returns of 600x over a 10 year period, it's very likely that price action will continue upwards for a while.
I do think that it can be thought of as a safe haven both as an investment and for security purposes. In Venezuela people have mentioned that the government was able to seize their gold and physical assets, but not their BTC.
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I think that they could transfer it quite easily without being traced. By using unknown wallets and mixers it would be very difficult to locate the funds, and even then it would be hard to tell who owned it, much would likely eventually be mixed with real transactions to.
They could also swap it for XMR and then back to BTC, making any detection virtually impossible.
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I thought that this was pretty cool, I've wanted other coins to adopt more privacy features like Monero but I thought it would occur on a much longer scale: https://blockchain.news/news/litecoin-confirms-mimblewimble-test-network-set-later-year-ltc-price-predictions-highThere's also some potential of Charlie Lee collaborating with Charles Hoskinson. Last month, IOHK CEO and Cardano founder Charles Hoskinson announced that Cardano has allocated a cross-chain communication team to build a network enabling interoperability between blockchains.
Cross-chain communication could enable users to use Hydra to send value to and from other major networks including Bitcoin and Litecoin.
Earlier in July, Charles Hoskinson said he would “love the idea” of testing cross-chain communication between Cardano and Litecoin, and Charlie Lee, the creator of Litecoin responded with, “Sure!” |
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The great part about Bitcoin is that it doesn't need the approval of any governments. Even if they attempt to tax it, ban it, or censor it, it is always usable and accessible by its nature.
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One problem with virtual trading is that the trades won't reflect on the supply and demand like with real trading. Every buy and sell order has actions on the price.
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you cant fake fiat currency and if you do you got problems with law.
how we know the btc and crypto is not faked...it means the creators can create any ammount of crypto as they want as there is no law to legit forces to check over btc and crypto creators
The supply of cryptocurrencies is backed by consensus algorithms so that no one user can simply generate it. To do so would require a 51% attack and this is incredibly expensive to execute on the main coins. Also even in such an event, users can fork onto a new chain and deem that one as the legitimate one. Here is more about the Bitcoin supply: https://en.bitcoin.it/wiki/Controlled_supply |
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I'm using a Lenovo Yoga from 2016 and the iPhone 7, but I'm looking to upgrade both of them probably next year.
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