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Everything is an investment but people mind set is that Bitcoin is most prosperous investment that can yield return everyday and every hour's of the day, because looking viral their is other investment's that looks more matured and fetch income more than cryptocurrency, yes is very clear that bitcoin is lucrative via investment that is reason people are think is an opportunity of success, but from my perspective it will be easier to have investment towards what we are perfect doing.
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Borrowing is not really bad because at a point borrowing really solve some certain issues now, borrowing above your income can be seen as a wrong altitudes from my views but I don't really know for others because here in community their is a particular board for lending which involves cryptocurrency especially bitcoin, so basically you borrow and be paying gradually with a Bitcoin, but that should not be above you monthly or weekly Bitcoin achieved.
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Fiat and cryptocurrency are the same but people in society differentiate them and value fiat because its adopted by the government far back, and since the existence of the world and also a specific country, so from my research I find out that government just disliked cryptocurrency for nothing,
So differentiating fiat from bitcoin is valueless because irrespective the importance and massive adoption of fiat currency from its existence before cryptocurrency, it's obvious that fiat is money and bitcoin is money, their functions and contribution in society never depart from each other, so bitcoin now is the shortest way of transactions across the world without much process or procedures, using bitcoin everything buyable is easier to purchase without stress, so from my perspective I prefer bitcoin than fiat currency due to fast transactions process across another country, and nothing fiat can purchase bitcoin can't purchase, so no difference between both because all are currency.
Even if we see them as performing the same function, they are not totally the same. During your daily transactions or maybe even in the past days, I believe you most have traded your Bitcoin or other crypto for any of the stable coins which by the way is pegged to Fiat currency like the USD? Bitcoin might have provided us the power to seamlessly transact across countries and continents faster but it's volatity is still an issue when it come to comparison with Fiat. Obviously them can never be the same but the similarities is there, because we use fiat currency to purchase pizza and we also use cryptocurrency to purchase pizza, which is documented in forum that somebody purchased pizza with crypto when Bitcoin did not dominate like as it's currently, so since this analysis happened previously, so while can't us accept the fact that btc and fiat are correlated the only difference is the regulations. |
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We all know that cryptocurrency is the online globe and Bitcoin is the virtual currency. It is completely distinct from the common currency of different countries. Heretofore the identities are kept secret here, it is impossible to say who is committing what and when. In my viewpoint, cryptocurrency is being banned because of the rich people. Because rich people and people of all levels exchange more or less in the bank. But while not everyone can afford crypto, rich people do. They are reducing the transactions in the bank day by day to get more benefits here. On the other hand, if the transaction in the bank decreases, then the government is being destructive. This is what is working in my cranium because rich people are being banned. This time whether willingly or unwillingly.
No body can ban rich people not to participate or partake in cryptocurrency network, because no body knows who is rich when buying cryptocurrency,the only place I'm having double minded towards rich people is because of government officials who are into cryptocurrency, because looking in other way round is the same rich people that boost the increments of crypto by investment, I'm pointing fingers at them because their colleagues who are into government is seeing them using Bitcoin as a method of money laundering, which some countries today is been affected by restricting crypto transaction because may majorities of people representing upper and lower house, are investing in crypto today. |
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From what I've read, Bitcoin now charges high transaction fee and long transaction wait time so it can't presently be used: a) for a conversion from Bitcoin to cash? or b) purchases using Bitcoin?  Bitcoin from my perspective can be use for series of things, in terms of transaction, nothing Bitcoin can not purchase, what ever thing fiat can can do, cryptocurrency can do it more better,converting any crytocurrency to cash is easier now due to adoption of banking system but the aspect of fees is quite annoying that bitcoin fees is now becoming ambiguous with transaction fees, which I don't the Genesis of it's regulations with charges. |
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*thanks g for the warning and thanks also for this great topic...
taking care of that scammer would only be a drain on energy. he will not recover from his ambition to become the richest man in the world with the Bitcoin whitepaper in under his bed. C.W is a jerk as well as bsv.
Normally staff gmaxwell knows what is obtainable, before creating such topic he might reason the positive impact and negative impacts of this before making it known to community, now that's the reason while some people here write topics on poem concerning scammers, because any process whereby a scammer come in contact with who ever they really wants to scam, they don't set back or set the person free, and their is no way such person can recover whats been highjacked by a scammer. |
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What do you think about the future? What do you think about the most successful blockchain applications? What ideas might be formed?
How is it possible to make entertainment - social application with help of blockchain? i need some example.
The future of everyone rely on our altitudes, objective, planning, meditation and so numerous to be mentioned, so when we take a good step and back it up with determination, surely we will make a better or a positive points that make our future to be more brighter. Making or creating a blackchain is a personal ideology which not everyone are destined to be creative in nature, what really need to create new device is meditation and creativity. |
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It will be very difficult to understand that bitcoin is not a financial booster, but people across the nations who are thinking from the day one that bitcoin is the source of money,they adventure into cryptocurrency because of the level of money they hear of cryptocurrency increments.
And from the grassroots people in rural areas always emphasised seriously that bitcoin is avenue of making wealth, and the functions they tagged cryptocurrency in general is that, cryptocurrency especially bitcoin is a scam, and is the Genesis of fraudulent activities around most developed countries, so we are not to blame people from their different actions and conception about bitcoin.
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I think someone here suggested better, before commenting in such issues we have to click the link to understand first the content of the matter before reactions, because I know vividly that not everyone is interested to know the basic things before going into chat or comments, it might be that the the link speaks more positive than the body of the contents, shall from me I don't have anything to portray than to let op know that some comments have to be in arrangement format before posting.
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Bitcoin is achievement when you developed interest on it, not believing that cryptocurrency is am investment their is no way someone can propagates via cryptocurrency without not involves in bitcoin daily activities such as informations relating to btc, actually our determination speech's to us about our success, relating achievement to our everyday life, am achievement it's been programmed, base on our objectives, obligations and consciousness, because in all ramifications of life anything we adventure into with seriousness always come to reality.
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Some people does not with stands the pains because start narrating it will make them crazy, normally people are scamming people everyday, the let time I was scammed it was through investment platform which I don't really know that its was a ponzi scheme, so hacking required them alot of strategies to follow but scamming is easy access, because here people don't really complain of hacking of btc except your email details is issued out to person you know, I think hacking does not threads these period.
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Politics is something we practice everyday in our various homes, even in the college, universities, churches, hospitals, families and little organization's we involves ourselves into, asking questions about politics obviously the answers are many, starting from were we dowels, normal people mindset concerning politics always goes to government politics were individuals exercise powers in order to rules a geographical environment.. So from my simple understanding the concept of politics, A politics is the ability to convinced people with a facts or points that will remains in them in order to dance on your tune without having the trust or believe to anyone except the information passed to them by you, and sometimes it's made-up with untrue informations to buy people's mind.
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I have heard a lot of opinions ... many are pro vaccine but also many are against it ...
And some don't even believe there is a real vaccine ... What about you ?
Actually their is a real vaccine manufactured and sponsor's by (WHO) world health organization, which is the information circulating across the world that vaccine is out, but it's true that in any atoms of nonsense they most be atoms of sense, so anyone kicking against the available vaccine automatically is encouraging longtime stays of covid19 indirectly, with what I heard, I'm convinced that corona virus vaccine will be effective and it will not cause harm to human consumption except a situations whereby purchasing a wrong vaccine from road side without knowing the source of manufacturing. |
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* If I many ask what is the major reason while some countries ruling class ban bitcoin transaction?
One reason, they can't control Bitcoin thus, the ruling class fears that Bitcoin may affect their authority in a negative way. * What is the negative effects using crypto as currency?
Possible a single group or identity will control the economy of a nation that will use crypto as currency. (Assuming it is not created by the government) * what harm does bitcoin contributes a country that can lead to ban?
Authority believes that Bitcoin is used for fraud so to avoid that, they regulate Bitcoin and if they fail in regulating BTC, they will ban Bitcoin. Old adults really believe that cryptocurrency is a scam but with the level of advert of crypto I think some of the young adults is compromising to cryptocurrency, the only challenges now that will likely make them to dislike crypto or believe that cryptocurrency is a scam is the rate government is handling any issues concerning bitcoin especially in African continent and other countries in some continent, obviously bitcoin has gone far to the extent people in rural area started developing interest. |
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They have to be afraid of bitcoin because their not familiar with cryptocurrency,people who are afraid of it meaning that they into other business that even you who are friendly with cryptocurrency will not like to partake into except cryptocurrency you know more better, so from my perspective I seen that people afraid of bitcoin because them feels that bitcoin is a scam and their money used to invest in crypto will not yield profit to them, so that is one of the reasons while people have not to isolate cryptocurrency.
But anybody who tried to invest in bitcoin does not like to invest in such manual business again, while, because difference between cryptocurrency and manual businesses is very clear that investment in crypto generate more income than the manual, the fact is yet to be proven between people who trade and people who are into another business.
You are right, If anyone get the test of cryptocurrency once he will never go back to his real Job or Business anymore. But the main reason of Peoples afraid is not their lacking of knowledge about cryptocurrency. It's true that ordinary people are not much aware of cryptocurrency But the main reason is Government. their Government represent Bitcoin as Illegal or harmful thing to them. Govt represent Bitcoin like who are doing business with BTC they are criminal. They instill fear in people’s minds about Bitcoin and keep people away from Bitcoin. The major thing is that they find it difficult to comprehend cryptocurrency especially its regulations, you know that people really like evidence in business before adventuring into into business we most have the trust, now cryptocurrency is just a new development which some people are not really convinced via its network, we should not blame anyone who is been discouraged via bitcoin because the knowledge of crypto is not well understood to him or her, I just Call bitcoin. TASTE and SEE because know one can come into cryptocurrency will likely backslid. |
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Many people is emphasising on this seriously, staying long in cryptocurrency what is the effect, if other aspect of business someone can develop trust and base on it and stayed years, while can't we stay in cryptocurrency as long as we want, because this idea is correlated with the mentality of government and which we know that the group against crypto is government, so I have not seen fact while we should not stay long via bitcoin, does it mean that crypto will be eliminate so soon?
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They have to be afraid of bitcoin because their not familiar with cryptocurrency,people who are afraid of it meaning that they into other business that even you who are friendly with cryptocurrency will not like to partake into except cryptocurrency you know more better, so from my perspective I seen that people afraid of bitcoin because them feels that bitcoin is a scam and their money used to invest in crypto will not yield profit to them, so that is one of the reasons while people have not to isolate cryptocurrency.
But anybody who tried to invest in bitcoin does not like to invest in such manual business again, while, because difference between cryptocurrency and manual businesses is very clear that investment in crypto generate more income than the manual, the fact is yet to be proven between people who trade and people who are into another business.
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Really it's right to spend bitcoin and many people has been spending with different methods,irrespective that bitcoin is not a country Fiat which we spend on a daily basis, but converting cryptocurrency to country's fiat is also part of spending, it's obvious that many people exchanges gold even crude with cryptocurrency, it's left with everyone to decide on how to use its crypto.
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Since yesterday I did this transaction it still pending, any solution.
fb6a1e42d237402f1996e3af4d5aaa6340c397b563b6ed973cfa2794e93b5b61
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There are still a lot of ETH fans, they will use eth despite of everything
Is obvious that ethereum has more fans but that does not mean than BNB, but people values coins that increases than any another who has low increment, but never the less after bitcoin its ethereum in line and people will likely trade with the crypto that has name, and it mighty surprise people ETH will speed up like bitcoin because ethereum always follow up BTC. |
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