One information error. Encash is not really a cryptocurrency of any sort. It's like a wallet which can hold your dirhams pretty much in a same way the bank hold fiat money. It neither uses a blockchain nor it is known as cryptocurrency. So they can be removed from the list. Also I doubt Encash is still operational!

Also looking at the list, you can't say the governments are positive about cryptoa. Because as you have rightly pointed out, these are just digital representation of the traditional currencies. It saves cost for the governments and provides them great insight on every transactions.

We will see more and more government joining this league in coming years. But that certainly doesn't mean that they are positive or bullish about cryptos.

I absolutely support this statement. It is a far better proposition to distribute these seized bitcoin among the community of less privileged people. Or even donating such amount to global organizations who works for the betterment of the society. But US is just trying to fill up their own reserve.


It entirely depends on the price of auction. If they auction the bitcoins as per the market price, we may see dumping. But it is highly unlikely to happen. Usually in such auctions, things are sold with a premium. If this happens, they we would not see dumping right at this point. So it depends!

The deal:
The five-year deal, announced Monday by Vermont’s Agency of Agriculture, Food and Markets (VAAFM), is a production-ready solution for every level of the hemp trade, said Trace CEO Josh Decatur. Beginning in March, farmers and processors will begin putting all associated crop data into the Trace system, which runs on ethereum.

How does it work?
The two-year-old company, based in Vermont's capital Montpelier, has built an app users can share details through, and gas fees for conducting transactions are passed onto the users – in this case, the state government.

Why it matters?
It is one of the first times a state regulatory agency has decided to run with the ethereum mainnet. Practical adoption of crypto network in true sense!

Reference: https://www.coindesk.com/vermont-turns-to-home-grown-blockchain-company-to-track-hemp-with-ethereum

Voice your opinion!

There are two ways to prove that Craig is Satoshi.

1. Satoshi must have access to the private keys of the earliest bitcoins that was mined and stored in a series of addresses that hold 50 bitcoins each. These bitcoins were never moved since then. If Craig is Satoshi, he must have access to these wallets and he can simply move a small amount from one of these addresses to a different address. Pretty simple!

2. Mark the below address. This adress holds the bitcoin's first ever mining reward which we call "genesis block".

12c6DSiU4Rq3P4ZxziKxzrL5LmMBrzjrJX

Real Satoshi must have access to the private key of this wallet and he can simply sign a message to prove his real identity. If Craig can do it, we will undoubtedly call him as Satoshi Nakamoto.

But Craig couldn't do any of these till date. So no one really believes his claim. The Binance CEO wrote about this already. See the link below,

https://coingape.com/how-prove-identity-satoshi-nakamoto-cz-suggests/

Hope this answers your question!

There are two parts of the story. If this project has their own wallet where you can't keep any other cryptos, then it somewhat makes sense! They might be looking to validate something which you probably can check with their support team.

However, if they are looking for your personal wallet's private key, steer clear out of this. It is a scam attempt! Hope this helps!

It's great to know that you have made a good profit through socia trading. On the contrary, I have made losses in FBS. I tried to follow a hugely popular trader on FBS platform and lost $50 within few minutes. It seems they have issues with the allocation system where percentile factor wasn't followed properly. It was a really bad experience!

Copy trading is definitely a good option for newbies to see and learn. But it's risky at times if the trader you follow decides to go all-in!

I think you are looking for insights to invest. If we look for an investor's perspective, it is always better to invest in Gold rather than relying on a currency system which is prone to inflation, while gold is not!

That literally means, the purchasing power of dollar will decrease over time. But the price of gold will adjust based on the inflation and demand-supply cycle. So Gold will always remain as a preferred destination for investors!

The OP has got it all wrong. If I have to go by his examples, then I must admit the POW is even bigger scheme for the riches to get even richer. To start a successful and profitable mining operation requires more money than start staking! Also for POW, the hardware needs to be replaced after few years of time which calls for an even bigger investment. But for POS, you don't loose ownership of your staked coins! There is only one similarity is that, both requires a good amount of initial investment to start.

Op, please think before writing! POW is costlier than POS which only riches can afford right at this moment!

The theory is based on scarcity factor of demand supply chain! Halving means, the creation of bitcoin will be reduced by 50% at certain intervals. So you can understand what will happen when the demand stays strong but the supply is decreased. It is definitely good for bitcoin it will affect the future of bitcoin in a very positive way. If you want to know the history of bitcoin halving and how it takes place, read the article below,

https://cointelegraph.com/explained/bitcoin-halving-explained

Hope this helps!

It sounds vastly unrealistic! If Satoshi value reaches to that level and if the world mass starts using bitcoin for their daily use - just imagine the number of transactions the network will have to handle! At the current state, bitcoin network is simply not capable of handling such volume! I am not being pessimistic here but realistically thinking the situation!

I am sure you don't know how bitcoin mining or network works in real life! If it was built to be controlled by few people, it wouldn't allow you and to buy a mining rig and start mining. Contrary to your argument, bitcoin is decentralized in every single aspect! If you can buy few mining rigs, you can immediately start mining bitcoin from your home! Can you print money at your home?

Your argument is itself invalid!

Below is a simple illustration of the new tax regime. High income class people are the most effected one, it seems! However, people below 5 lakh/annum are enjoying the free income!

Very much possible! But I believe what Justin Sun did, can be termed as a great promotion of his own coin as well as bitcoin! Mr. Buffet was always a great critic of cryptos and we have seen him hurling negative comments about it in many public forums. Donating bitcoin and TRX to such a personality, is basically an attemp to associate his name with his least favorite things in life! It would clearly get media attention and also enjoys attentions from the similar kind of elite class investors.

It's a clever marketing strategy that Justin executed precisely and cleaverly!

You have to understand one fact, bitcoin is not built to attack the good old banking system. Even though bitcoin has so many features which can potentially decrease the need of a banking system. But bitcoin is not certainly attacking the banking system. If banking system can't cope up with the changed need of the economy, it will itself go extinct! But fortunately or unfortunately, this is not the case happening now! If they remain unresponsive to the change, they will slowly loose their need of existence. But if they are open in accepting changes, they will grow even bigger!

Just to add, Germany has decided to allow banks to store and manage cryptocurrency on their customer's behalf. That's what is needed worldwide,

https://news.bitcoin.com/german-banks-authorized-to-store-and-sell-cryptocurrency-in-2020/

There's nothing for anyone to afraid about other. It's just survival of the fittest!

There are mainly two part of the story. Bitcoin adoption is definitely on the rise and that's not surprising in any way. But there are two major things which actually determines the fate of the adoption.

1. Legality - it is a big factor behind botcoin adoption. In a country like Japan, its much easier to find a merchant that accepts bitcoin because bitcoin has a legal status there. So legality of bitcoin definitely means a lot when it comes to merchant adoption.

2. Mentality - people are greedy. Common people always look ways to make money. Bitcoin is definitely one of the most attractive assets I have seen in decades. Common people like me, simply don't want to loose the opportunity to make money. That's why they are less inclined to spending their bitcoins.

Bitcoin adoption will certainly grow on its own as more and more people will become interested about it. But these two major factors will play the biggest role in the background.

Absolutely not! Ripple is not entirely a cryptocurrency as such. It is a centralized version of a cryptocurrency which simply doesn't have the power to set the entire market in bullish mode! Ripple is too small for that! There are only two coins which has this kind of power are, bitcoin and ETH. These two coins are indeed in bullish mode for genuine reasons as listed below,

1. Bitcoin - upcoming halving is what pushing the price in upward direction. It is just a repetition of the trend that we have already seen during previous halving events.

2. ETH - this coin is pushing to upward direction because of its upcoming algorithm change to POS from current POW. People are hoarding this coin to earn a better ROI in future and the d3mand has gone up for this reason.

After from thesebtwo coins, no other coins hold the power to change the mood of the market. Certainly not Ripple!

For country regulations, the future doesn't really look very bright. I don't think we will see an adoption spree in 2020 for cryptos. Majority of the governments are still very much skeptical about bitcoin and its impact on their economy. In countries like India, court cases are being fought against the central bank to uplift the banking ban on cryptos. Holistically, I personally don't see anything to be excited about.

The only ray of hope is the interest, bitcoin is receiving from the institutional investors. Some good news may flow in from that side. But for countries, nothing really looks positive right at this moment. But you never know, situation may turn positive as the year progresses, so fingers crossed!

Majority of the altcoins are dead or worthless because they didn't have any utility as such. Majoroty of the coins were intentionally created to dupe investor's money without having a solid plan to build a solution for the market. We all can see the result now, the market is dead and ICOs are facing a huge credibility issue where no investors are putting their money into it.

I don't disagree to the fact that we had few good projects as well where the owners actually tried to build something serious. But they were also lost with the time and couldn't get back on track due to the downfall of the market.

And how do you propose to solve this issue? To start a currency exchange business, a company needs at least 7 different licenses from various authorities including Central Bank (in my country). The number of licenses will vary based on the country but Central Bank is a mandatory one everywhere. Are you planning to go through that route? Just curious!

Nope! Central Bank issued coins would not really help bitcoin or any other altcoin in any way! Because these centralized coins are just a digital representation of our good old fiat currency but far less anonymous than any other currency system. Cash is still somewhat anonymous but these centralized coins will have zero anonymity. Everything can and will be tracked by the regulatory agencies, especially any big spends will immediately come into the radar. These coins won't help cryptos in any way!