Bitcoin on cold storage in a digital wallet is the best bank and it does not make sense to create some separate banks for this. It's another matter if you create a universal exchange or an exchange where you could trade or exchange all existing crypto-currencies. Especially this need arises in the trade in coins and tokens, recently released as a result of the ICO.
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It is most optimal to have 70 percent of savings in bitcoin and 30 percent in the etherium. Both bitcoin and etherium are worthy for good investments, but bitcoin compares more profit from growth in the course compared to the etherium. It will also be better if the money is stored in both of these digital currencies.
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To get a free digital coin Bitcoin Gold, which will be divided on October 25 from the original bitcoin, it's enough to have bitcoin in your desktop purse on the day of the division. The new coin will appear regardless of the time of purchase of bitcoin.
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Any state has the right to recognize bitcoin or other crypto currency as a means of payment. The official currency can not become bitcoin, since the crypto currency is not tied to any state.
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The Chinese government said that it considers the Crypto currency to be a threat to its economy, because money from the country goes uncontrollably through it. That is why it adopted a number of measures that limit the outflow of currency from the country, including by prohibiting trade in crypto currency on trade exchanges. What will come of this, we'll see in the future.
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If someone thinks that bitcoin is just empty numbers recorded in a public book on the Internet, he has the right to think so. No one forces him to buy bitcoins or other crypto currency. He also has the right to pass by the freedoms and amenities that the crypto currency provides. This is a private matter for everyone.
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Now almost all countries began to look closely at the crypto-currency due to the fact that it has an increasing influence on the economy of all countries. These countries will now have to decide in what form and how they will introduce the crypto currency into their economies, because they can not stop or prohibit this process. However, this process is lengthy and can span several years.
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Although Europe as a whole is distrustful of the crypto currency, it's nice to see that small countries like Sweden, Denmark, Switzerland perceive it positively. Denmark and Sweden in general intend in a few years to go only to digital money, excluding from their turnover of ordinary paper money.
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Indeed, it is absolutely impractical to transfer all your savings to bitcoin. A certain part of the money intended for everyday purchases should remain in normal currency. In addition, it is not recommended to keep all money in one digital currency, they need to be distributed among others. Typically, 70 percent is recommended to keep in bitcoin, and 30 percent in another digital coin.
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I fully agree with the topic discussed here and I also think that developers should think more about the design and functionality of the applications they create in the field of using crypto currency so that an ordinary user who does not have special knowledge could easily and, most importantly, unerringly manage and dispose of his crypto currency.
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It seems that China almost died for the public without a crypto currency. The Chinese government apparently decided to abandon its draconian methods to limit and ban crypto currency. The latest news from China suggests that there are only going to carry out certain regulation of the crypto currency, but refused to completely prohibit it.
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Bitcoin has already shown that although he has high volatility and he reacts with a decrease or increase in the rate of various news relating to the crypto currency, but at the same time he is able to survive both against the recent bad news from China.
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I believe that several bitcoins need to be stored passively as digital gold, which will never depreciate. Also in bitcoins, you must store all other savings that are not intended for daily purchases.
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I believe that the usual money will almost always exist along with the crypto currency even when it is recognized throughout the world. Now Sweden and Denmark say that they will completely switch to the digital currency. However, I do not believe in the success of such an experiment. It is simply technically impossible to completely switch to crypto currency.
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If Bitcoin is updated not only to expand the bandwidth of transactions, but to solve some of its vulnerabilities, it will live a very long time. However, if this does not happen, then it will become obsolete, lose its support and go into the background of more successful crypto-currencies.
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There are a lot of differences between bitcoin and currency fiat. However, the main difference is that Bitcoin, like the other crypto currency, provides more freedom compared to the usual currency. This freedom also lies in the freedom of storage, access at any time to the cross-exchange with the aim of transferring them to any point of the world without intermediaries in the form of banks
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While the volumes of crypto-currency were small, banks tried not to notice them and even resisted its introduction. Now they saw the scale and growing support of the crypto currency and decided not to miss the opportunity to grab a piece of the pie. It was worth it and expected. The main thing is that banks do not prevent the circulation of crypto currency and its rules
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It's a little confusing how Mexico is going to legalize its own crypto currency. Such legalization as in China, probably, nobody needs. However, it would be nice to have such a big country like Mexico start to introduce a crypto currency.
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This all confirms that China was not going to leave the international market of crypto currency and completely prohibit its circulation in their country. China has too long considered and gave up its place as the leader in the field of Japanese crypto-currency. They first had to develop measures to counter risks and abuses, and then introduce their own restrictions, or simply change the rules of the game for cryptovata. And so long thought, but time is gone.
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I do not see anything in the next bifurcation of bitcoin on the new Bitcoin Gold coin either. Let the crypto currency compete with each other. The strongest will win. Moreover, holders of bitcoin sex are such a free gift.
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