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Economists and journalists often get caught up in this question: Why does Bitcoin have value? And the answer is very easy. Because it is useful and scarce. Bitcoin promises to take at least some of that power away from governments and hand it to people. Well, I choose fast coins like Stellar or Credits which has fast blockchain/ledger, the availability of smart contracts, orientation on the financial sector, supports different currencies
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I have heard about credits the unique system of building a blockchain allows you to build financial services with high speed transaction processing up to 1 million per second and average speed transaction processing in 3 seconds. I think it truly opens up new opportunities to use the blockchain technology in the financial sector.
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Today, many blockchain networks are neither scalable nor economically viable, which in turn implies they cannot be meaningfully used for transactions. I think CREDITS fundamentally solves these challenges.
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I think cryptoinvestments are the most dangerous but the most profitable from the other side. I was looking for that and found something perspective in Credits Blockchain project. But pls don't think that it's an dirty adv. or something like that, cmon. I spent a lot of time reading about Credits and found some features
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It is not a speculative investment even though it is being used as such by other people. As Bitcoin network grows the value of Bitcoin grows. As people move into Bitcoin for payments and receipts they stop using US Dollars, Euros and Chinese Yuan which in the long-term devalues these currencies. Someday consumers and businesses won’t hold bitcoins for their account but will unknowingly access the bitcoin network whenever payments are made. So I hold an opinion that we need more technologies like Credits for example
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I think that BCH is not trying to capitalize on the Bitcoin brand. It’s trying to save the brand which is being destroyed by people who no longer believe in it. Bitcoin is peer-to-peer electronic cash offering fast, secure, and reliable global payment with low fees. At this point, support for BTC is a bet on a company, while supporting for CS is a bet on a decentralized protocol – the original blockchain crypto. Just saying that because I really like this project and believe in it
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I doubt that Euro will replace US dollar as the world reserve currency. Instead, Bitcoin might be the replacement. Although the US has been heaping up too much debt without paying, an analyst once postulated that the US dollars is technically backed by crude oil. Let's see how the economic war swing. I expect bitcoin and other currencies as ripple and credits to rise the more to meet the trade war.
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