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What can Blockchain do for politics? How do they overlap each other?
Management of public funds, these funds would be in a common accounting record ensuring that resources reach the intended purposes. Elections, votes would be counted in real time and would have detailed support that would limit electoral fraud, strengthening democracy.
Government management, registration, monitoring and auditing of public works progress would be possible with smart contracts.
So far, these countries are developing blockchain technology: Australia, China, South Korea, United Arab Emirates, United States, Estonia, Holland, Japan, Malta, Poland, United Kingdom, Russia, Switzerland, Ukraine.
Would this bring a new era?
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In terms of likelihood, the probability of Monero replacing Bitcoin is so very low, at least not in the nearest future.
During the next six to the thirty-month horizon, Monero has such little probability of attaining a dominant position so massively exceeding that which bitcoin currently enjoys such that bitcoin was considered essentially obsolete and was, in a practical sense, effectively redundant, that the chance of this can be considered ZERO.
However, in terms of capability & potential, Monero can match Bitcoin and thus if enough cryptocurrency users largely abandoned bitcoin in favor of Monero. This alternative to Bitcoin, it has the technical capability to provide the same or similar functionalities to those which are bitcoin provides by virtue of its core design purpose. Therefore, Monero ‘replacing’ Bitcoin is definitely plausible; which is to say: within the foreseeable future, it is a reasonable possibility at least, if not an absolute certainty.
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Do you know well about global trade or the currency policy? How do you think crypto influence global trade?
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🇻🇪 Venezuela, the country with the highest inflation rate in the world, with a non-existence decentralize currency, has struggled to obtain cash to finance their daily needs leading to starvation of the general population. The socialist nation saw a fall in oil prices, throwing the entire economy into disorder. Experts predict that Venezuelan's inflation could go as high as 1,600%. No wonder the awareness of Venezuelans in the consequences of government-funded and supported banking and financial systems. There's an arguable irresponsible monopoly in charge of their currency where a bright solution comes in a digital form. Bitcoin has gradually changed the mindset of the global population, and Venezuelans are the ones who could benefit directly with the ability to gain control of their money and obtain financial freedom from their government. The rising demand and interest in bitcoin in Venezuela also make the possibility of the replacement of national currency with a digital store of value, that's where "Petro" came to play. Petro, here's the Wikipedia definition "Announced in December 2017, it is claimed to be backed by the country's oil and mineral reserves, and it is intended to supplement Venezuela's plummeting bolívar fuerte currency, purportedly as a means of circumventing U.S. sanctions and accessing international financing." (the entire link: https://en.wikipedia.org/wiki/Petro_(cryptocurrency) Petro has been everywhere on state TV and government-run social media, promoting its benefits. There's even a catchy Twitter hashtag #PetroParaVencer, (“Petro to conquer”) which has been regularly used by politicians and government Twitter accounts. Ok, so what has happened with Petro so far? Declared as unconstitutional, one of Venezuela's two opposing lawmaking bodies using hard rhetoric has denounced the project as not only a fraud but a threat to potential investors. What's next for Venezuela? The same body declared: "This deepens the crisis that we are living in. The PTR is another [example] of corruption, and we will come out of this crisis with measures that we have announced from this Parliament." What's your view on Venezuela's faith? Could you give me a link of an article to support your arguments? as I was reading the post eventually there is one thing that comes to my mind. And that is cryptocurrency are now playing around the world and it could be used as an advantage to every establishments. Cryptocurrency has a lot of advantage and many are already embracing that includes your country Venezuela. That would be the good thing to happen and hopefully that some other countries will follow Venezuela as well. Hence we could not wait anymore for other times to invest in crypto. Now is the best time to invest and hopefully in the near future as a growing investment we could take part also in the success of cryptocurrency. Yes sure! Links: 1.- Venezuela declares Petro illegal: https://www.coindesk.com/venezuelas-national-assembly-declares-petro-cryptocurrency-illegal/2.- Venezuela-Bitcoin: https://www.forbes.com/sites/realspin/2017/02/03/why-venezuelas-currency-crisis-is-a-case-study-for-bitcoin/#1be177aa19b23.- Venezuela-Bitcoin 2: http://infocoin.net/en/2016/12/27/interest-in-bitcoin-continues-growing-among-the-venezuelan-population/4.- Venezuela-Bitcoin 3: https://www.bloomberg.com/news/articles/2018-02-20/venezuela-is-jumping-into-the-crypto-crazeI agree on certain points, however not because the technology itself works means that people will follow as they should... in other words, Petro did not go well because it shows some signs of fraud. So other methods and laws needs to be incorporated. |
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🇻🇪 Venezuela, the country with the highest inflation rate in the world, with a non-existence decentralize currency, has struggled to obtain cash to finance their daily needs leading to starvation of the general population. The socialist nation saw a fall in oil prices, throwing the entire economy into disorder. Experts predict that Venezuelan's inflation could go as high as 1,600%. No wonder the awareness of Venezuelans in the consequences of government-funded and supported banking and financial systems. There's an arguable irresponsible monopoly in charge of their currency where a bright solution comes in a digital form. Bitcoin has gradually changed the mindset of the global population, and Venezuelans are the ones who could benefit directly with the ability to gain control of their money and obtain financial freedom from their government. The rising demand and interest in bitcoin in Venezuela also make the possibility of the replacement of national currency with a digital store of value, that's where "Petro" came to play. Petro, here's the Wikipedia definition "Announced in December 2017, it is claimed to be backed by the country's oil and mineral reserves, and it is intended to supplement Venezuela's plummeting bolívar fuerte currency, purportedly as a means of circumventing U.S. sanctions and accessing international financing." (the entire link: https://en.wikipedia.org/wiki/Petro_(cryptocurrency) Petro has been everywhere on state TV and government-run social media, promoting its benefits. There's even a catchy Twitter hashtag #PetroParaVencer, (“Petro to conquer”) which has been regularly used by politicians and government Twitter accounts. Ok, so what has happened with Petro so far? Declared as unconstitutional, one of Venezuela's two opposing lawmaking bodies using hard rhetoric has denounced the project as not only a fraud but a threat to potential investors. What's next for Venezuela? The same body declared: "This deepens the crisis that we are living in. The PTR is another [example] of corruption, and we will come out of this crisis with measures that we have announced from this Parliament." What's your view on Venezuela's faith? |
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Please, where should I start?
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Are you good at investing, have you successfully invested any coin whose value increased a lot after going into the market?
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MovieChain is a project led by the prestigious company Xender. Xender is a very popular app with 700 million users worldwide, MAU of 100 million and DAU of 11 million. We aim to disrupt movie industry with the deployment of blockchain technology in xender app, a worldwide famous app. Our Current equity investment institutions include Linear Capital, Optical Capital, Yeahmobi, Moby Capital, Preangel, Barbarian Fund, Transmitter, and Renren Games. The MovieChain project will issue 10 billion Tokens, each worth $0.01 USD. We plan to assign 2 billion for private placements and 1 billion for overseas qualified token investors. Cornerstone Private Equity 20%, regular private equity 10%, no discount for crowdfunding. Cornerstone investors include Wang Lijie, Cai Wensheng, Xue Manzi, Gifto's Andy Tian, and others. The starting investment amount of Ordinary Private Equity ETH with an equivalent value of US$200,000. Private equity is expected to close on March 10. The crowdfunding began on March 16th, raising 5 million U.S. dollars in soft tops and 10 million U.S. dollars in hardtops. It is expected to trade on May 30th. MovieChain website: www.moviechain.io Telegram: https://t.me/MovieChainOfficialFollow us on Twitter: @XenderApp Follow us on Facebook: @XenderApp Beechat: https://beechat.io/join?g=7a680d4dbb6b4e0281d0491b6ed7c9c1&lang=en |
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After getting involved in the blockchain technology, what you learned from the technology? Are you optimistic about the future of tokens?
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which type of tokens do you feel more optimistic?
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Vitalik Buterin (V-God), the founder of Ethereum, said on Twitter that “Why is Bitcoin better than gold?” — I actually agree with this, Bitcoin is better than gold, both personally and socially. I used to talk about Bitcoin's damage to the environment. But gold is even worse.
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Chance should be there for the weak side battle with the stronger, could ICO be the chance for start-up companies.
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Before investing in any projects, do you research their team information and read the whitepaper carefully? Or will you get a basic knowledge of the financial condition of the company？
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More and more companies choose ICO to raise funds due to the difficulty of IPO, a really hard destination for most companies to arrive at. And Investment companies, and capitals also now prefer ICO investment cause they wanna to gain quick profits. When choosing projects to invest in, what criteria you attach the most importance?
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Telegram obtained a total of 1.7 billion U.S. dollars through two rounds of financing and stated in its filing that the financing was for the development of the "TON blockchain" and the development and operation of the Telegram chat tool. The network aims to become the third-generation blockchain after Bitcoin and Ethereum. Telegram stated in its white paper: “The status of blockchain technology is similar to that of cars in 1870: promising and highly praised by lovers, but inefficient and too complicated for mass consumers.”
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MovieChain ICO is led by Xender Team. Xender, the main product of our company, a prestigious app with 700 million users worldwide, MAU of 110 million, DAU of 11 million. MovieChain is an offline movie transaction platform aims to provide a transparent platform for copyright holders and movie producers, to make all data transparent for both parties. We will lead an economy of low CDN cost, low pre-stage copyright purchase cost, real-time revenue split, incentive system integrated. MovieChain is the most powerful distributed business infrastructure of entertainment industry. It is supported by Xender app with more than 700 million global users. To understand how Xender works and why it is so popular, please go to the video below:https://www.youtube.com/watch?v=f0ftZC4FJ1A To understand how MovieChain platform works, please go to the video on Youtube below: https://www.youtube.com/watch?v=91s2farkjhU We are currently at early stage of the ICO project; our white paper in multiple languages will be available on the official website soon and thank you for join us! MovieChain website: www.moviechain.io Telegram: https://t.me/MovieChainOfficialFollow us on Twitter: @MovieChain Follow us on Facebook: @XenderApp Beechat: https://beechat.io/join?g=7a680d4dbb6b4 ... c1&lang=en |
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SEC believes that CTR is suspected of fraud and arrests its co-founder. Biance and other exchanges issued CTR risk warnings. Affected by multiple bad news, CTR began to plunge from 6 am this morning, a drop of 64.64%, and the global average price of CTR is now US$0.12. . "Currencies World" reminds investors to guard against risks
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What would be the future for banks?
Blockchain technology can be used to give access to financial services to billions of people around the world. Bitcoin allows anyone to send money across borders almost instantly and with little fees. How do you see the future for Banks?
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Although Bitcoin has taken up 40% the coin market. But is it more worthy to invest in bitcoin? Since bitcoin can never replace the paper currency for the moment due to many complicated reasons, and most bitcoins are already acquired by a small sum of people. So if a kind of currency can't be circulated, what's the meaning of that coin. When it comes to ICO, and the release of altcoin, it means that you are investing in a company, you are holding equity in the company. If you think this company will have a bright future, it's always worthy to put your money in.
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