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The blockchain technology originally thought of in Satoshi Nakamoto’s white paper for Bitcoin, Has now seen a new use case scenario, because the technology can be used to streamline international trading this is what Maersk and IBM are working on, they currently have a working prototype which is in testing. I have just written an article about it which you can find at https://cryptoms.online/2018/02/26/a_global_trade_platform/ |
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I have recently written an article about the possibility of Bitcoin becoming currency we will use on daily basis. so now I want to ask the question do you think we will see if it can be used as a daily currency??? or do you think it will be more like gold a good store of value??? My own personal hope is that we will see cryptocurrencies develop into currencies we will use on a daily basis. in my opinion, bitcoin will be a good place to start due to the mainstream knowledge about Bitcoin, but I do not think it's the best-suited kind for daily use and I believe we have a long way to go before it is a viable alternative to Fiat currencies for the majority of people. For inspirational purposes, I have included my article https://cryptoms.online/2018/02/27/will-bitcoin-become-a-daliy-currency/ |
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Right now you can use different cryptocurrencies to purchase online on my expensive items And we are slowly seeing the possibility of using bitcoins in shops but we need a Bigger adaption and simpler means of payment and securing our coins so In the future use of cryptocurrencies you'll have to be able to use them as means of payment for everyday thing but which coin will be the best suited for this function?If you lack inspiration look at my articles on cryptocurrency as payment at: https://www.cryptoms.net/home/2017/11/19/crypto-as-payment
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It is definitely a good alt right now with so many icos using it and the popularity keep rising with so many ongoing icos. Although there's some bad news about wallet bug (not eth fault) but the price still strong and i believe it will krep rising before we switch to pos.
It's more than being good. Ethereum is the biggest force of the crypto world after bitcoin and it will ve improved by its developers more than this. The result will be a supremacy for ethereum. I am pretty much of the same believe that Ethereum will end up dominating the market since it is the coin with the most to offer for the moment, developers just need to see the real world applications for Ethereum, when we combine smart contracts with the transfer of other valuables |
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Its common question of most of people who want to get online currency. For purpose of getting bit coin we have work be more creative and innovative through our own work or creativeness.When we work as skill staff we can get so many online work after accomplishing this task perfectly we will get some virtual currency like bitcoin. After getting this currency there are so many way to dispense this currency or convert this currency from virtual currency to local or international currency.
For exchanging this cypto-currency to local or international currency we need different system like PayPal and others service providers.
I believe I understand your point but I don't see the need for a different system since you now can use different payment cards charge directly to cryptocurrency this is makes it quite easy to convert cryptocurrency to local or international currencies, beside that we got multiple exchange that can be directed to your bank account and we even got cards that can charge to other coins than Bitcoin so what more do you want from a system? Today I can if I want to live almost only by using bitcoin or other cryptocurrency just by having them on my payments. |
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what are the social and economic impacts cryptocurrencies have ?
and how will this affect third world and poor countries because of their limited access to internet and modern technology?
I do not see the big social impact off cryptocurrency yet, but I believe that in the future we will see a lot of social impact from the blockchain technology, when it comes to the things like elections where we can use the blockchain technology to prevent any fraud. Cryptocurrency in economical impact we begin to see in mainstream Media which means excellent having an impact on the big markets- I am in the middle of writing an article on social impact we're going to see if blockchain gets mainstream adoption, and I have written a couple of articles on the subject of cryptocurrency impact on the world. Some of my articles can be found at the cryptoms.net other of my articles I have written under many different names and on many different sides. I may be new to this forum but they're not near to the crypto currency unit I have been trading and investing in cryptocurrency for a couple of years now. |
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What is the safest way to keep bitcoins.
Taken dangers like hacking, losing in to account!
Try to have a online wallet. Bitcoin.ph here in our country is one of the trusted wallet that people use. It is secured and trusted wallet that I know. It is proven and tested here. Also, there is alot of things can do here like paying bills, cash in and out , buying load and etc. Online wallets is never completely secure, I do not trust online wallets because even the bestl online providers can be hacked, I only use hardware- or paper wallets for large amount of funds I have written a couple of articles on the subject and found that even the most secure online wallet is not as secure as they like you to believe, even the most tested online wallet can be hacked and even the bests online provider in the world can lose all your funds, but then a great online provider will have a backup of funds stored in cold storage so the can restore some of your funds So larger amount of funds should be kept in a safe cold storage offline. A hardware wallet from a trusted provider or paper wallet . |
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What impresses me the moste is the fact that bitcoin has remaind on top of the market for so longe with all thoes other crypto currencies out there and has mannage to get all other coins markd as altcoins as if there are only one cryptocurrence that matters
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Digital currency will absolutely replace paper money as more and more people are choosing to use it instead of traditional money. BTC is on it's way to replacing the USD as the world's reserve currency because it's not backed by any and the Federal Reserve can print money, thus creating fake debt, at their will and loan it out to banks for 0% interest. What a scam of a system, BTC is a decentralized system. Much different.
I do believe in crypto currencies but to replace paper money, it still needs slot of development, on security and usability, it still lacks alot in that area. I use the mother index the not my mother can use it the closer we get, it is because she is not at all technically minded, she has a hard time using online banking. But when we get a user friendly system that secures our funds the bank people needs to look for a new job |
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Technology is not always a good thing.
One example is with the children.
In the old days, children used to play outside with their friends.
Now majority of them are just staring at their iPads.
I would disagree to a point. If children always sit with this iPad it is the fault of the patient not setting boundaries for what is acceptable. So they learn to use technology and still be social. I have worked with computer abuse so I know the damage of not learning kids to control how much time they spend on iPad, computer and so on |
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