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1)Immediately it should be noted that the main problems of cryptocurrency can be solved by improving the source code base and legalization.
2)Indeed, there are difficulties with scalability. And they need to be solved in order to be able to attract additional users to the ecosystem. The developers are already addressing this issue and have proposed a number of solutions. In our time there are no unsolvable problems.
3)In developed and developing countries, there is a gradual legalization of currencies. Even the most conservative countries, such as Russia, are working to bring this market out of the shadows. To date, Singapore and Switzerland have made the most progress in this direction.
4)Changing the protocol is a very long and complicated procedure. However, by common efforts of the community, the protocol is gradually improving. Even in Bitcoin, Segregated Witness was eventually introduced.
5)Price volatility is a natural process accompanying the emergence of a new asset class. The change in price reflects how much new technology is accepted by society.
6)Recognition does not occur in one day. This will take a long time, but already there is a constant influx of people into the cryptocurrency market. And it pleases.
7)Hacking systems occur and will inevitably occur in the future, but networks built on blockchain technology are constantly being upgraded to prevent possible attacks. Theft of coins occurred even in Bitcoin, but the network itself can and will cope with such problems.
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Bitcoin is dangerous because it is difficult to control, although at the heart of the cryptographic world lies a certain goal: the ability of the cryptocurrency to reform the financial system, increasing transparency and eliminating the urgent need for trust in counterparties. When there is no reason to doubt, there is no chance of becoming a victim of deception or fraud.Cryptocurrency takes power from centralized systems and transfers it into the hands of legitimate owners — ordinary people. That is why the state will always be against cryptocurrency, because if you can not control the money, you can not control people.
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What caused the rapid fall? The stability of the cryptocurrency is due to the fact that it is in high demand and supply in the financial market. Recently, users began to mine exclusively in order to sell. On all exchanges, without exception, there is such a picture: the number of offers for sale exceeds the number of buyers. Rates began to appear, which led to futures sunsets, i.e. the sale of cryptocurrency for a low cost. This is the main predisposing factor of the sharp collapse of the course. Some traders try to take the cue ball at any cost, so as not to lose part of the profit. They understand this, so do not give up at the first fall.
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They will not be able to kill bitcoin or significantly affect it. But the fact is that now there are a lot of fraudulent projects that undermine people's trust in the cryptocurrency. That's the problem.
You're right. A lot of projects that throw their audience. This is a huge problem for the cryptocurrency to gain its place in the world. I think if we accept the major cryptocurrencies, everything else will disappear, they will not prices. |
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This is due to the fact that Facebook uses a huge number of ICO campaigns to advertise its product. An attempt to limit people from advertising " illegal product"
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Bitcoin has to be a speculative investment or a currency weaken a global financial system full of injustice are trying to destroy Bitcoin?
"When it was created in 2009, Bitcoin surpassed all currencies, even with the government itself as hostile to it, and the uncertain legal regime that governments have created to manage it. The way people can not predict what will happen. So its present value can reach this level as has been great, since the fact that it only faces headwinds without tailwinds. Every government around the world is trying to find a way to stop and destroy Bitcoin."What do you think about this?
this is quite an interesting question, bitcoin is essentially a completely new type of currency. Able to create a new market and bring down the old one. Banks around the world and therefore the government is against it. That is why currency in more and more countries is being banned |
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No, I do not believe that. We must admit that what has allowed banks to acquire so much economic power is their ability to understand where capital is, and make the necessary efforts to keep it.
Knowing that banks will never fight against capital, what I see today is a growing interest of banks to incorporate blockchain technologies into their processes, and because of their marked interest in taking over everyone's money, it would not be strange that in the near future we will see banks willing to accept cryptocurrencies to carry out financial transactions.
It’s not quite clear yet how tokens will influence the world market and what the creators have in their plans. But still, banks should be wary |
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