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It would be a good idea to make companies accept bitcoin payments as a legal tender. Accepting bitcoin can also be a means of promotion for the companies because once it it included in their opinion for payment their products begin to make waves. The reason why most of these local companies don't succeed is because of the fiat internationals can not patronise their products as there is difficulty in conversion and transfer so I think embarking on such course would be a plus to the local traders and companies because it would be of huge benefit to them. I suggest the idea of public relations which would do the task of enlightening the companies to step up their payment terms and to make them see the benefits of taking the decision of accepting bitcoin as a means of payment for their products.
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Bitcoin value and use has improved and have been significant in all activities. As it has been relevant in some aspects of transactions and fields so it can in the medical industry. For instance if a medical institution needs to get an equipment of much value to them and they are in need of it urgently to save much stress and time it just requires them to make use of the bitcoin option if their sellers agrees to the payment terms and transfer is done via seconds it gets to the destination likewise if it requires an immediate payment for a patient whom has no fiat currency in his or her possession can do payment immediately for an urgent attention or appointment. It can also be applied to store and secure medical data (block chain) which can be used by doctors for medical reasons and any other health related activities. If the medical industry can or would accept bitcoin then also they can pay health workers in bitcoin.
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As there are lots of ICO you can not really tell which is genuine and the one that is scam not until you have gotten the experience like they say experience is a teacher. Every potential investor got what he or she looks for before investing into a business if the ICO meets their requirements or the standard of what it takes to invest in. What I really do is to carry out a research on the ico, I go for the white Paper to know more about the company their vision, mission, the origin and date location of the company. I research on the ceo to know more about his or her achievements. The advisors to the project, after that I verify from etherscan to know their contract details, I check their campaign managemer to know how many campaigns they have successfully managed then a check on the product is very important as to know how valuable it is.
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Satoshi Nakamoto is the name used by the unknown person or people who developed bitcoin, authored the bitcoin white paper, and created and deployed the bitcoin original reference implementation. As part of the implementation, they also devised the first blockchain database. According to a bitcoin developer, Satoshi Nakamoto was weird, paranoid, and bossy, says early bitcoin developer who exchanged hundreds of emails with the mysterious crypto creator. Due to the fact that Nakamoto was trying to create a decentralized peer-to-peer payment system, it is arguable that he remained anonymous in order to avoid the possibility of him becoming the de facto leader of the system and, thereby, having people place their trust in him as the creator as opposed to the ledger. Moreover, any announcement by Satoshi would likely be regarded as investment advice by those who held the digital currency and may have resulted in price movements. These may have happened whether the creator hoped for such an outcome or not.
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Iran’s Supreme Cyberspace Council has officially recognized cryptocurrency mining as a legitimate industry, a move that could help the Islamic Republic quell the pending blowback from U.S. sanctions. The news seems to have ignited a flurry of buying interest on domestic exchanges, with the bitcoin price clocking in at a new record high of $24,000.The figure was quoted on multiple digital currency exchanges but most notably Exir, where BTC traded hands at a price of 1,020,000,000 IRR. That quashes the previous high of $20,000 per coin. By comparison, bitcoin traded at around $7,000 on major cryptocurrency exchanges on Wednesday. Ethereum was also significantly inflated, with Exir quoting a price equivalent to around $900. The second-largest cryptocurrency by market capitalization was worth roughly $260 globally. this is really a nice one as Iran fully recognizes and also accept bitcoin as legal tender.
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Stories of million dollar hacks, an unknown creator, and scam ICOs all may have you wondering, if Bitcoin is safe for your investment for your money. Even with the negative stories that seem to flood the news at times, Bitcoin is actually more secure than most other financial systems. Taking the time to learn about how Bitcoin works and investing in a secure wallet is essential in keeping your Bitcoin safe. the founder of bitcoin, the unknown developer of Bitcoin satoshi , built the network with certain measures to ensure its safety. Over millions of computers keep track of the Bitcoin ledger and validate transactions on the network. This is drastically different than the storage of data on centralized servers used in traditional finance. All transactions that you make using Bitcoin are public and irreversible. There’s mathematically no way to fake transactions or make errors in recording account balances. A transparent ledger of transactions also decreases the risk of fraud and money laundering.
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