Timothy Cook Draper, an American venture capital investor and renowned Crypto bull Tim Draper advocates Argentina’s president to legitimize the utilization of Bitcoin (BTC) to improve the current economic circumstances in Argentina.

According to the sources the venture capitalist had a meeting with Argentina’s president Mauricio Macri on March 22 ahead of a Fintech and Blockchain summit organized by Argentine fund, Draper Cygnus. They discussed about economic prospects of the Latin American country and various approaches to improve the economic situation of the country by adopting bitcoin.

During the meeting Draper proposed various measures that can be adopted to improve Argentina's economy. He mentioned about the potential options such as blockchain and crypto. He added that if bitcoin gained a higher price than the national currency peso then bitcoin should be declared as a national currency.

According to him bitcoin and associated technologies, such as blockchain, smart contracts, payment channel networks and open nodes will provide complete changes in banking, commerce and financial systems.

Draper told sources,


"We were speaking of Bitcoin and the devaluation of the peso, and I proposed a bet: if the peso would be valued more than Bitcoin, I would double my investment that I was making for the country. But if Bitcoin gained a higher rate than the peso, they would have to declare it as a national currency. That would be a perfect decision, as there's a lack of confidence in this coin.”
 

He attended an interview with journalist María Julieta Rumi following the meeting with the President. In the interview Draper explained his pro-crypto opinion and he cited that he believes Bitcoin and blockchain are even a greater revolution than the internet.

He opinionated if Argentina legalize bitcoin and deploy blockchain it would provide a complete revolutionary transformation of Argentina’s economy. He explained that if people are able to use bitcoin with ease like fiat currency then they would probably choose bitcoin for all the transactions as it is“decentralized and open, frictionless and global.”


“If the peso is valued more than Bitcoin, I double the investment I am making in the country; and if Bitcoin acquires more value than the peso… that would be a perfect solution because there is no confidence in the currency,” he added.
 
He even shared his bullish attitude towards bitcoin and predicted within the next 3 to 4 year bitcoin will be worth $250,000

Changpeng Zhao, Binance CEO has previously hinted about the establishment of a new fiat-to-crypto exchange in Argentina.

Track Latest Bitcoin Price at https://coinmarketfeed.com/coin/bitcoin

Hi,

Complete market data (prices, volumes, caps) of bitcoin and thousands of altcoins since 2013 till now!

Let me know if anybody here happens to be interested.

Great for complex backtesting etc.

Yeah, I'd assume so too.

This looks like a fun project with no offends intended (?)

Maybe anyone can sometimes face situation with a few choices which seem equally good.

Or do you see this as a negative value thing?

It's not mine actually.

I presume they mean a sort of a TRNG device which may generate numbers based on unpredictable events on a quantum level.

It's true that random guesses often yield better results than "expert opinions" or than something that feels like an educated guess. I guess if you really want to make a random guess, you need to do it outside your head .

https://icodice.org

ICOdice helps you decide where
to put your cryptocurrency.

It selects in which ICO or coin to 
invest based on a quantum noise 
true randomness generator.

"If you are rational:
A random choice may be better than your average guess (unless you are very skilled).
Look up confirmation bias, proximity bias, frequency bias, etc."

"If you are a magical thinker:
There have been rumors that you can extract a meaningful information from the quantum conscinousness field. Before you roll the quantum randomness dice, think about the future you wish for yourself to skew the chances your way."

Well, why not

Anyways, it seems to me more like a "fun/satire" project (that is quite clear from the copy) perhaps for people who want to waste their riches on a "tokenized entertainment"

Just saw some guy posting this elsewhere:

https://tokensale.wtf

Hehe, what the... is this!?

Anyway, I like the Philosopher's note at the end. Someone did some non-trivial work on the website too it seems.

Seeing a WTF token on an established exchange may be kinda funny. I think there was a "useless token" or something like that that even got to some exchanges.

Hi!

I've wondered if anyone here knew about some thorough bitcoin or litecoin source code walkthrough or tutorials?

I've found a topic which would go that direction but it's from 2011.

I've googled but it looks like one has to make his own digging from the point 0.

Thanks!

In this phase, it's all about tokens capital gains. To this date I don't know about any token that would truly be a Utility token because a Utility token value is derived from its commercial value, as stated by SEC and others:

https://coinmarketfeed.com/regulations/wsgr-alert-icos-at-the-end-of-2017-what-we-think-we-know-and-what-we-dont-know-wilson-sonsini-goodrich-rosati/

(i.e. the platforms where those tokens could be spent are not operational yet, therefore they have no commercial value).

Basically, people hope for a high demand for the "utility" tokens in the future. If its corresponding platform would truly be successful, you might expect the token price to spike because a lot of people would need some. Since there is a limited number of tokens, their price will rise and they may provide gains never minding the fact they were called "utility" tokens. Regarding the token price on the open market, you can imagine the platform/service owner [or the market] would change the nominal fees based on the token value. So 1 token might be expensive, but you will only need a few subunits to pay for a service.

As I said, I don't see a big fundamental difference between the so-called utility or security tokens on the current market, concerning their possible gains. The most weight seem to me to be allocated within the actual feasibility of the endeavours that the distinct tokens aim to fund.

The scam tokens might hurt the tech indirectly:

People will distrust, oppose and regulate technology precisely because it is being [or can be] misused.

We [the early adopters, tech proponents, developers, cryptocurrency media] and are not the ones who will make the laws based on fears, hidden agenda or because lots of people get scammed.

What we can do is to create as much "trust space" as possible. We need to advocate for caution, build trustworthy ICO scoring websites, publish guides, educate. We basically need to outnumber the scammers and try to marginalize their activity within the most probable channels where people will start learning about Ethereum, smart contract and cryptocurrencies in general.

Our observation is that typically when bitcoin gets pumped, it's at the expense of both fiat and altcoins (people sell altcoins and receive... bitcoins). And it's similar the other way around: if people massively buy altcoins, they mostly spend bitcoin on that transactions.

Of course, there are exceptions (look for the average).

And there are times when the market is going down or up as a whole.