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Families are under financial stress due to poor handling of money brought about by lack of financial education. They don't know how to effectively pay off debts, they have no idea how to account their spendings, and most of the time, they spend more than the family can earn.
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If the world uses a single currency, then it is so much simpler in the economic level. However, currency is now seen as a identity of a nation, so it is nearly impossible to abolish all currency and make one as the official currency of the whole world. In order for that to happen, a world war needs to happen that will nearly annihilate all governments, then appoint One world leader in a one world government.
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It is a nice and practical article. But before discovering anything, it is important to have faith on it. Though cryptos are fully virtual and intangible, it might take time to be trusted. But I hope one day it will be accepted by mass people.
Why would people trust in alphanumeric characters? We trust people, not things. Things are valuated, not trusted. They are valued by their ability to provide benefit for the owner. How can you benefit from the alphanumeric characters like 0.0001 BTC or 1.5 LTC? They are neither passwords nor some secret code or text. They are not representative of legal claims like fiat currencies. They are not tangible. So how can you benefit from such items? Everything you said is wrong on all levels. If tangibility and representation is the basis of trust, then I don't trust your thought process at all. I mean no offense, but here's how you posit your argument: an intangible alphanumeric character has no value at all. Therefore, such intangible values such as intelligence, emotional, and though processes have little or no value. How ironic that the thing you consider as worthless is worth of thousands of dollars. Well, this Intangible alphanumeric character has more value than most of the tangible things you own! Let me tell you why Cryptocurrency is something worth trusted now and in the future. Look around you. What do you see? lot's of computers and technology, right? The world is changing fast and we are gearing to a highly advanced digital era. Cryptos will just become a form of currency alongside with Fiat money, and all people, whether you like it or not, will adapt to the changes in our society. |
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Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment. How fucking stupid is that? Anyone investing in crypto should prepare to gain 10X their entire investment. This would be a much better way to prepare as it is far more likely to happen than a loss of entire investment. WTF is wrong with journalists today? This is just a simple disclaimer which they simply have to add when talking about high-risk investments. I personally think this is very good that they warn people about this. I will even repeat: "never invest more than you can afford to lose". Don't count on 10x, prepare for bad scenario, I would say. Remember 90% of traders lose their money. I will always remember this. Thanks for putting this in a brighter perspective. Most people have an unrealistic expectation with cryptocurrency, which either puts people being afraid or too optimistic about it. When financial advisers tell you the dark side of investments, that is to warn people about the risks. I personally don't like things that are too good to be true because most often, they are scams. I hope that for the newbies, they will realize that ALL investments are a gamble. "never invest more than you can afford to lose" |
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hodl. let people panic sell. but in holding, there's a chance to get back your losses. i still believe in cryptos.
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In the third world country, paper money is still most useful even at height of online payments and transactions. That's because it doesn't require any expensive devices and wifi.
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Never ever ever base your happiness in the crypto market because it is a bitch. It will make you happy later then will break your heart a minute after. This market is too volatile. If you become emotional in handling your coins, you will lose a lot of money. Base your happiness outside the context of money and cryptos and you will be okay.
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Still hodling. But some say that sell a portion of your btc when you are at risk of losing a huge amount of money. I say, there is never a good time to sell because of the substantial dip of value of assets in the market. Just hodl.
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Ripple is very centralized and that's part of its infrastructure. It is a crypto made to service banks so it doesn't really make much sense to call it decentralized. It was made for quick settlement and doesn't add much value in the sense of a trustess system. In fact, I think that ripple needs even more trust than using a simple bank because it requires additional trust to the foundation behind it for its integrity...
They have involved in wide range of bank and it subsidiaries mate. For investors it may give the short term profit. With in some years if ripple damaged CEO may comes sell all the coins he has holded now. As news leaked about XRP it has been hodled by CEO which is 80 percent and more. I want ripple should go away from the top 100 list of crypto currency. Actually I feel they are threat for other crypto currencies next to ethereum mate. I very much want them to go away. But this is the attempt of centralized authorities to adopt the changes in this world. The future is now and if decentralization of money is fully realized, banks will become obsolete so they try to make themselves relevant in cryptocurrency. However, as I see it, Ripple is like an infection to the Decentralization System. |
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We have lots of new development going on. We will announce it here when all the data is available. Stay tuned.
Great to hear! When is the next round of crowdsale will sale starts? Whether did you manage to reach hard cap in the previous crowdsale? Is there any specific time mentioned by you for main ICO? So far we have managed to hit the hard cap of the 3 CTBS STAGES that we previously had. Yep! So far your team is doing great! Because of these positive developments, I am able to show others that it can be worth it to support an ICO. Good job! |
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Obviously Yes. But it doesn't mean that bitcoin is a criminal-led currency. Fiat money is also used by criminals. Does it mean that fiat is a criminal-led currency? The point is, money is a neutral thing whatever kind of currency it is.
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Most ERP systems today make use of an RDBMS database (few of them don't) and these systems are capable of handling transactional information (For example inventory maintenance transactions, Material requisitions and processing, Financial - AP / A/R, journals and Sales orders as well as purchase orders). I'm also aware of many businesses who prefer to utilize information from the ERP system to process them through BI tools like Business Objects, QlikView and probably many others. These systems require a database that can store transactional information created on the go and on a real time basis. This becomes importantly mainly because most of the sales orders house sales margin information and inventory tracking (maintaining minimum / reserve stocks) and these have to be updated in many businesses on a real-time basis. Blockchain technology certainly hasn't reached this level of information processing capabilities on a real-time basis. Even with a private blockchain technology like Hyperledger there's' usually information that needs to go into a block which has to be validated and added into the block after one has been made (there's no mining in such case).
Blockchain technology would be useful alongside ERP systems to add "Trust" and to validate inventory movements and adjustments, stock status and very useful for inventory counting. This proves helpful for supply chain management as well to ensure that goods have been delivered by suppliers in right quantties and at the right time without having to worry about middle-men to verify this information and who could possibly maniupalte it.
Thanks for your input! I did not realize how complicated ERP is, although I am confident that as blockchain develops, many improvements are made so that it can function like this system. Maybe in 10 to 20 years we can see the maturity of blockchain? No one knows. But your input gives me more hope that our technology is geared towards a more formidable level where everyone is accountable to each other. You made me realize something! Information is indeed important, but "Trust" is now becoming an essential part of yielding profit. Pretty soon, those who holds the most Trust from the public gets more monetary returns. |
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The matter has been dealt with. I really appreciate and thankful to kepler team for taking immediate action.
The issue has been dealt with by the Kepler team and this man no longer belong to team keplerGreat! The team is doing their best to keep the scammers at bay! |
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It took centuries of trial and error for most countries to come around to their modern systems of money. Central banks today monopolise national currencies, and they steer availability mainly through commercial banks that, as economists often put it, 'create money out of thin air'. That is, centrals expand or contract supply by lending to and imposing reserve requirements on commercial banks. I think cryptocurrencies are going to end up as an alternative option like several categories. It will end up existing alongside traditional forms of old banking.
On point! Fiat money will always have use, especially for the poor, because it is the easiest to acquire and and it is not complicated to understand and use. Unlike for virtual currencies which needs internet connection, a decent device and technical knowledge of the user. It will just like be paypal in a sense. But I don't deny that bitcoin is gaining ground in terms of value and usability. It may or may not be the main currency, but fiat remains as long as there is a demand and of course, banks. Banks will try to adopt to the changes of the financial climate to survive. Those who are not willing to adopt are those that dies. ex, Nokia and Blackberry. In fact, they already tried to adopt. Example, Ripple. |
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As we all know, blockchain offers a decentralized and secured environment for storing and managing data. Plus, it offers transparency.
ERP on the other hand, is a centralized way to manage and control the internal business processes as mediated by a software.
But with the advent of blockchain, many people are trying to make solutions to improve blockchain.
Blockchains and ERP are like apple vs orange. Both are the same fruit, but they are essentially different from each other. However, many are trying to make the apple an orange, if you know what I mean.
Blockchain may not be seen as replacing ERP system now. There are things that needs to be solved before it happens, though: Scalability, ability to forecast, etc. There is one thing that blockchain is resistant to, which is essential to ERP: modification. Modification is needed on ERP to suit business needs, and in blockchain, this is impossible.
Naturally, the conclusion is this, blockchain cannot replace ERP, but rather it can supplement it to add trustworthiness of the system.
However, I want to challenge this. I am one of those people who wanted to see apple become an orange. I'm not asking for a miracle, though. I am asking for evolution of blockchain without compromising it's core characteristics: transparency and decentralization.
But now, what kind of blockchain evolution do people want?
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things this reveals
1. banks internal network is not secure.
2. ATM's actually have code to 'spit' out cash without a card. and also spit out more than a few hundred at a time
3. bank accounts can 'add balance' without the account checking where the funds originated
i think banks have admitted too much about how in-secure they are.
banks should take a lesson from blockchain tech about point 3. blockchain cant just add balance without showing source of funds
This is very True! 1. I worked in a bank, so I can attest to this. Even call centers have access to all your banking information. 3. I experienced this! My account balance grew into 1000 bucks and I didn't deposit anything in it. After several hours, this ghost balance disappeared from my account. It's a good thing I didn't withdrew the amount. That's why banks wage war against blockchain and ultimately to all cryptocurrencies. Security in banks is a fantasy. |
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Done answering it.... Thanks by the way. Why Alexa, not other voice services, though?
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Ripple has a pretty interesting objective which is to create a blockchain serving the financial industry and cut down on transaction costs/processing times...especially in banking. It has a lot of pros and cons, which we touch on in our blog post about Ripple: https://www.mintdice.com/blog/ripple-xrp-101-guide-to-understanding-rippleWhile many don't think it's a worthy investment, if it's adopted within the industry, the coin could see another upward trajectory. The con that makes me veer away from is its centralized in nature. Yes, it makes baking transaction fast, but this coin is an outlier for me. It defeats the purpose of decentralization. |
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This is fine for me. As a person who wants my money to grow in a legit investment, I feel much safer if I know that there are rules the ICOs have to abide. Knowing this country, scams are rampant and so it's easy for people to be fooled.
Tax is unavoidable for business once the government develop regulations and/or law.
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