Still need to use a 3rd party as a middleman. Not exactly what we were hoping. But better than nothing, 25,000 is a lot for a single country, even if it will be about small and very small merchants since I doubt a big one is going to use a 3rd party It weirdly seems like the middleman is there to facilitate the merchants. Maybe the merchants are more happy with someone else handling the transactions. Its kind of a TRUST thing. In the short term its good it gets more people spending bitcoin. 25,000 is a lot of online stores. |
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Very interesting piece of work. Very different actually.
Lover the idea behind it and the effect. Will be watching how this goes
Good luck to all involved.
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I recon some people are confused with the word CRYPTO and its use.
A government issued crypto will be controlled by that country, it will
be centralised.
So if the Israeli government wants to adopt crypto it will have no
effect on Bitcoin because it will be a centralised crypto.
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The figures aren't exciting but no one should be surprised, there hasn't been any important news that can drive prices of coin to their ATH yet. The market has recorded series of FUD, the Chinese ban, the ICOs scam, continuous hacking of the exchanges. These are others are responsible for this chapter.
Always btc cannot keep climbing and some time it has a quite year and 2018 till now has being one of those. But it does not signify that in future it will no longer be exciting and bull trend will keep continue and it will be still the best to make money when it comes in crypto currency. Unfortunately tgere are some out there who expect exciting upward trends in the FIAT value of bitcoin - All the time. They are not willing to accept the current state of stability we are enjoying, Stable also means the FIAT value if bitcoin is not falling which also means there is greater adoption and belief in the currency than last year for example. Its all very exciting IMO |
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I have been doing as the OP suggests, using multiple wallets on different devices,
Hardware, PC, snartphone and tablet. All with different password formats and
memorised. Only recorded in my head and tested every day.
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I can probanly believe this in general terms. In economically developing
countries bitcoin can be adopted more so than Eurooeans currently do.
The developed ciuntries may be a bit conservative towards bitcoin and
crypto whereas the likes of s.african, malaysian and indonesian people
are willing to adopt the ideas of crypto and are more open to it.
We already know that asia is growing into a leader into blockchain technology.
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Theyr'e just guessing hashes all day anyway - isn't it better to get a 2k BTC reward than 12?
Are you of the thinking that wealth should be taken away from those who have lits and given to those who have less? I dont agree with this and I dont agree with your idea of stealing from whales |
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Ostensibly most topics/threads on this section have actually been discussed multiple times and hence a sequel of the last discussion,so I thought it wise to come up with something novel..
There happens to be plethora of problems the bitcoin solves in its own way, but I think myself and 85% other bitcoiners would agree that the major issue the bitcoin puts a halt to is poverty(as it provides financial freedom)...uhm,...thats not to say that many bitcoiners weren't rich or more so comfortable before the inception of the bitcoin,but it sure does contribute it's own fair share of financial freedom and makes the rich richer and the poor,rich
I disagree, the wealth divide still remains even with bitcoin and crypto. How exactly does bitcoin make poor people rich? because you cannot create something from nothing, even bitcoin cannot do that. There has to be some level of input at some stage. The thing is rich people can put it far more than a poor person. |
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What happened to him or her or the group known as satoshi?
Maybe nothing of note, maybe he has many many alt accounts on the forum?
Maybe satoshi is Franky1? Maybe I am satoshi?
All these answers remain unanswered because satoshi remains anonymous.
So we caught you, Satoshi! Maybe, maybe not  |
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We cannot take this seriously, no more than someone predicting bitcoin
to go to $20000 by the end of the year, but if it does go back to $2000
it wont stay there for long. There would be a rush to top up on cheap
bitcoin rates.
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What happened to him or her or the group known as satoshi?
Maybe nothing of note, maybe he has many many alt accounts on the forum?
Maybe satoshi is Franky1? Maybe I am satoshi?
All these answers remain unanswered because satoshi remains anonymous.
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Wasnt this why there was/are concerns about quantum computers, that they
would have the computing power to do something as emense as this?
Im sure there are many many other books and research that can be done as
part of studying cryptography. Look at what Satoshi has created following
his research. He even lists some reference material in the Bitcoin Whitepaper.
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what is happening to btc, it has been bipolar now for quite some time.. wasn't November supposed to be a good month for btc?
Past performance is not a guarantee of future expectations. There are no guarantees that bitcoin will do one thing or the other but we can all definitely look forward to a healthy future. Patience is required. |
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I think it will be a natural progression for useless coins to fizzle out,
Maybe people will stop throwing away funds in an attempt to catch
1000%+ pumps. There really is only some top projects that have a
really positive future but there are many many useless ones.
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Im not so sure about this thing with bank of America. I think its just a patent on another banking service which may not necessarily pertain to Bitcoin or any other decentralised crypto IMO. |
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All anyone needs to know is how to install a wallet and how to send and receive.
Not everyone needs to know how it is mined or any other technical details about it.
I would argue that not everyone knows exactly what interest rate they pay on various
loans they may have for example but they still use them.
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And bitcoin is seen as easier to deal in than gold. Easier to buy and easier to sell.
More volatility in bitcoin which is what traders like.
We all know that Gold and other precious metals shoukd be part of any portfolio.
I think Gold will rise as will bitcoin and they have that common usage of "store of value"
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When something highly disruptive as blockchain applied to economy starts to grow exponentially and attracts the most brilliant brains from around the world, the second step is attracting big money to build up new things.
Which are the newest and most important trends and stuff that will came alive when institutons and big money will enter in the cryptospace?
Will be only a speculative journey or do we will be able to change the way we live on this planet for better?
We all know blockchain technologies are contributing to the 4th industrial revolution Big business is alrwady investigating the tech, money is already being put in and the brilliant minds are working, it is already happening. Its happening now and there is a mixture of speculation and investing happening for both progressing individual wealth and for bettering society, as is human nature. |
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This question the OP asks is supposing there are only two countries developing Blochchains,
and that there is an actual competition.
There are many many blochchain projects being developed by many many countries globally.
Ciuntries on the Asian, European and American continents are all working on projects some
may be duplicates but a lot may also be individually tailored to each country or region.
So what is this competition and what is the end goal the OP is talking about?
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