|
An asset is some kind of economic resource. It can be controlled or owned and it provides the owner with value, usually financial. A house is an asset. You can sell a house and get cash in return.
A currency is a system of money, a means of exchange.
Bitcoin could be both a currency and an asset. It was created to be a currency and you can certainly buy things with bitcoin. Not everyone accepts bitcoin at the moment but you can use bitcoin on major retailers. Even Expedia will accept your cryptocurrency in exchange for plane tickets.
It is also an asset because you can sell your bitcoin and convert it to USD (or any other currency) whenever you like. It’s more liquid than something like a house.
|
|
|
|
|
Hackers can not be stopped but measures should be taken to avoid been attacked my hackers. One of the safest & easiest ways to store your ETH, Tokens, ETC, BTC, and many other coins is via a Ledger Nano S or TREZOR. Both are hardware wallets. Both work with MyEtherWallet.com. And both cost less than $100 ( < 0.1 ETH ).
Use MEW Locally / Offline.
For Token Sales: do not trust any address except the one posted on the official site.
|
|
|
|
|
Telegram Username: @chinahotaezita
|
|
|
|
|
They are closely related. When Bitcoin was released as open source code, blockchain was wrapped up together with it in the same solution
Bitcoin is a type of unregulated digital currency that was first created by Satoshi Nakamoto in 2008. Also known as a “cryptocurrency,”
it was launched with the intention to bypass government currency controls and simplify online transactions
by getting rid of third-party payment processing intermediaries. While Blockchain is the underpinning technology that maintains the Bitcoin transaction ledger.
|
|
|
|
|
Bitcoins derive their value just as anything else does: because people want them.
Like any other currency, bitcoin follows the basic rules of supply and demand.
While not backed by a government or valuable by themselves, bitcoins are still used as a store of value, a placeholder for the goods and services that they can be exchanged for, as with traditional currencies.
Despite its lack of official backing or wide acceptance, it has generated an ecosystem in which many people
are willing to trade and accept it.
|
|
|
|
|
Blockchain technology is the backbone of Bitcoin.
Blockchain has legitimate potential to change the world. Blockchain is not a ‘disruptive’ technology,
which can attack a traditional business model with a lower-cost solution and overtake incumbent firms quickly. Blockchain is a foundational technology. A 'digital transcript' created to avoid fraud,
It has the potential to create new foundations for our economic and social systems.
|
|
|
|
|
Airdrop Campaign
Twitter Username : @chinahotaezita
Telegram Username : @chinahotaezita
BitcoinWSpectrum Address :0x1A780D624887D70f2a530bfd254C41C8a527a09c
|
|
|
|
|
Thanks for the wonderful information shared. Stopping hackers hacking your crpto wallet means that you have to keep your private key save. Don't keep your private key together with your wallet so that you don't submit your private key by mistake. Also save it in a flash drive or Note pad.
|
|
|
|
|
Bitcoin i think would rather be decentralized because its activities particularly those regarding planning and decision-making,
are distributed or delegated away from a central, authoritative location or group.Therefore, one is empowered to make their own decisions, giving them a sense of importance and making them feel
as if they have more input in the direction of the organization. When centralized, organizational structures focus management authority
and decision-making in a single executive team, with information flowing from top managers to various units.
|
|
|
|
|
Forgetting the key to your bitcoin means you loosing your money automatically. I think that for you not to forget it, one can create a file on a notepad and save it. OR to a flash drive. NOTE, your flash drive should not be used in public places or computer. Your private key should be saved offline.
|
|
|
|
|
One can fall gravely ill or die unexpectedly. Will your loved ones know what to do and, most importantly,
where to look for important documents to guide their decision-making? NO.
If a Bitcoin owner dies without passing on the private key, his heirs may discover his wallet only to realize that
they will never gain access to the wealth inside. To prevent this, the owner simply has to ensure that someone gets a copy
of the private key by writing it down, storing it on a flash memory drive, or entrusting it with a commercial service that manages them.
the Bitcoins are not listed in a will, they are susceptible to what estate lawyers call “probate by truck”—where heirs walk off with property
by claiming that “he would have wanted me to have it.” The difference is, instead of a favorite lamp or piece of jewelry, a relative might walk
off with the private key to a Bitcoin wallet worth thousands or millions of dollars.
|
|
|
|
|
Show Posts
