It has not been the case for the government of any country to support Bitcoin or any other decentralized cryptocurrency instead of its national money. I am absolutely sure that this will never happen. No state will ever give up their money in favor of a decentralized cryptocurrency. Therefore, there can be no substantive discussion on this topic.
I agree with this statement that no state will ever give up its national money and will not switch to full use of cryptocurrency. This is contrary to the functions and tasks of the state. In addition, a decentralized cryptocurrency can not directly interact with the country's economy, it will be hampered by its high price volatility. Still, nothing can replace the national currency yet. |
|
|
|
|
The restoration of the country's real economy will depend entirely on the effective measures taken for this government. It seems to me that they should have released their national money much earlier. The fact that in Zimbabwe again 170 percent of annual inflation indicates that the economy is developing very badly. It is difficult to advise anything here, I do not know well the situation in this country.
|
|
|
|
The economy of a country is influenced by lots of factors hence its stability is measured by the cumulative effect of the various factors which affect it. Bitcoin is capable of contributing to the positive impact of the economy of a country through its capabilities of generating job opportunities such as Bitcoin merchants, miners etc.
The positive impact of Bitcoin on the state’s economy is possible, but it is unlikely that it can fully stabilize the state’s economy. This will be hindered by its high price volatility, and it will also have little influence on the state’s economy. Therefore, he will be able to help only at the first stage, in the future it is necessary to connect the usual economic levers of economic recovery. |
|
|
|
Nowadays there are many projects, it is not easy to judge on new project, good or not, some people think the ico rating websites may help to take your decision, others think this ICO rating websites provide fake rating due to new project can pay fees to this ICO websites and get high rating. SO, If you find good project, is it important to you this new good project should be listed in ICO rating websites? Appreciate your participation I almost never visit sites with ICO project ratings. I just rate them almost independently or make a decision taking into account the information that I receive here on the forum. Of course, I cannot say that my choice is always good, however, there will always be a part of unsuccessful and even fraudulent ICO projects that we will join. This should be optimistic. |
|
|
|
Don't get your hopes too high when promoting bounty projects especially bounties with very high allocations like in millions of $$$ ,they are never the same again unlike in the past ,all you have to do now is just depend on yourself and promote good projects and wait for end results.
Well, it looks like you're absolutely right. Now the promise of high payments for participation in the campaigns of the ICO bounty is most likely a sign of fraud than the success of the future project. In addition, payments are now made after a very long time, and if at the end of the ICO or the last one the KYC check is announced, the payments can generally last up to a year, or even more. Therefore, KYC is a very convenient reason to break your promises about the timing of the payment of tokens. |
|
|
|
I am not a lawyer but I think changing rules at the end of the campaign like suddenly requiring KYC before you can get your reward is an example of contract violations.
I know a campaign that using the same method, my friend joined the campaign last year as a signature campaign member. And maybe you've heard about it, it called Adab. They seem suspicious to me, you can do your research on this if you want to. Like you said, they changed the rules at the end of the campaign. I also joined the bouting campaign of ICO ADAB - the first Islamic cryptocurrency bank, which was completed in late March. Although they constantly wrote that the KYC check would not be required, at the end of the campaign they changed this decision and demanded that everyone pass the KYC. Most likely, they were forced to do so by the prevailing circumstances, because the verification turned out to be relatively easy and without undue tension. They have not yet paid the tokens, we are waiting, but I do not think that there will be a deception here. |
|
|
|
|
Libra is one of the future stable coins, although perhaps one of the largest projects. This fully centralized coin and bitcoin have completely different tasks and functions, so they should not directly influence each other. I see the danger for Bitcoin only in the fact that people may prefer Libra as a means of payment.
However, now a big problem with the release of Libra. If the US Congress adopts a recently submitted bill, the release of this coin will be impossible from Facebook.
|
|
|
|
I think Libra will be a coin equivalent to a dollar, which has price stability. And this Libra coin will not be able to compete with Bitcoin, because of the striking difference between the two, so I personally only hope that Libra and Bitcoin will coexist.
It is too early to draw conclusions about the coexistence of bitcoin and the Libra coin.Facebook also has a lot of problems.Perhaps it will be a coin only for internal use without support for conversion or exchange to another crypto currency.The regulators will decide.Let's be patient. First let this Libra coin appear, we will evaluate it, and then we will decide. In any case, without the support of the people, this coin will have no future. In addition, now with the launch of this project, Facebook has big problems due to the US position. This coin, which made a lot of noise, may never appear. |
|
|
|
If developers manage to solve the problems of scalability and increase the speed of transactions, Ethereum, of course, will retain one of the leading places in the crypto world.
I read earlier that these improvements can increase the ethereum scalability to hundreds of thousands of transactions per second. It would be nice to see ethereum so fast. However, the transition to ethereum 2.0 promise January 3 next year. In the meantime, this coin has now dropped too much in price, 230 dollars is very little for her. |
|
|
|
|
Apparently, until the end of the summer we will not be able to see a good growth of the cryptocurrency market, traditionally in August there is a decline in business activity. However, Bitcoin has already shown us that it is capable of such growth in the fall, and especially at the end of the year, we hope that the cryptocurrency market will quickly rise again.
Ethereum does not please us with its price growth, but I hope that the upcoming improvements to this coin will change the situation for the better.
|
|
|
|
|
In the second half of the year, especially in recent months, Bitcoin should rise well in price, but I think ethereum should achieve better results. This coin is still very undervalued, and given that at the beginning of next year it will have several significant updates, I now prefer ethereum.
Now ethereum has a price of $ 272 and is very good for investment.
|
|
|
|
Now a days business and product is for all. Every country exchange their core product with other countries to meet theit demand. What you think Is cryptocurrency help to expand the world business?
Cryptocurrency is still too immature, its volumes are too small, and liquidity is too low to significantly influence global business. In addition, this process is significantly hampered by the still weak legalization of cryptocurrency by states and its high price volatility. In general, there are still a lot of problems. Therefore, cryptocurrency does not significantly affect the global business. |
|
|
|
Women has lot many family responsibility and they keep them focused on activities for personal grooming and money management for family needs. This is the scenario with third world countries, apart from this they look for a day job that pays little amount that could help them financially. This is what the situation of women in third world countries years back.
Now women are much adoptive to technology and has been getting to learn more about the technology. This has made them identify what they're passionate about and follow the same. This seems to be the slow learning of low number of women into the cryptocurrency network. Once they find it good they're the one who are highly dedicative than men in my opinion.
Cryptocurrency is now mainly used for profit and has moderate risks. The miners in the family have always been rightfully considered to be men. Women by nature are homemakers and therefore less likely to take risks. Moreover, indeed, they have more other family responsibilities than men. Therefore, this role of women in cryptocurrency is quite logical. Women in business tend to lose a lot of their best female qualities. |
|
|
|
It seems like there is some anti.KYC campaign going on. I can understand the concern about privacy and data protection because I also don't want to reveal my data without a reason. But we have to understand that KYC is not developed against users and your private data but for protection against fraud, data and identity minuse and other illegal activities.
And I always say how funny it is that people reveal so much of their data and privacy online on social media, forums and similar and that is available almost to everyone but when it comes to KYC suddenly they are very concerned about their data.
In the field of KYC application, reasonable government regulation is needed. First of all, it is necessary to clearly define and restrict the subjects who are entitled to demand to undergo such testing from other persons. Now anyone who has decided to create his token can collect our confidential information from investors and participants of the ICO bounty campaigns. And they themselves do not know how and how long to store it and where to use it. This is extremely dangerous. You also need to set the minimum transaction size, below which no KYC check should be conducted. The FATF recommendations for setting $ 1,000 as such a minimum amount are acceptable. |
|
|
|
|
Uganda and its banks do not affect the cryptocurrency, since the government of this country has always had a negative attitude towards it. Therefore, this news means little to the world of cryptocurrency. States with an authoritarian regime have always treated the cryptocurrency with anti-corruption. It does have moderate risks in its use, like any other financial assets and any type of business.
|
|
|
|
I am just a beginner of this forum, curious how to find a promising bounty campaign because of the many good projects but at the end of the campaign being a scammer,
1. Check Team
2. Check Concept
3. Check Partnership
4. Check Media Press
5. Check Sales IEO
Whether to follow the bounty must know 5 above it so that the bounty we follow does not lead Scamerr,
What is your opinion?
Do you think that we all have the opportunity to check the quality? If this could be rechecked qualitatively, then there would be no such massive fraud in ICO projects. Unfortunately, sometimes a few information about the project and its team comes only from this team or its nominees. I still think that only the relevant government agencies can effectively deal with fraud. |
|
|
|
For some reason people are too hype on Libra, is this because of the big Facebook giant?
If it is only for that reason I don't think Libra will last long enough even though the previous project was even better.
It's not actually hyped. "Hated" is a better term to describe it. For some reason it seems like a lot of people are scared of it. No, it's not going to replace Bitcoin. Not even close. People are heavily underestimating it though, it will definitely be useful for some people. There's no way those companies invested in Libra if they don't think it has a chance to work well. Libra does not exist yet, would not yet see the functionality of this coin. Therefore, it would be wrong to write that many already adore this coin. While there is a massive advertising of this coin, and at the same time its discussion as a big project. The Facebook project with its Libra coin is very ambiguous and most likely can do more harm for cryptocurrency than good. With the advent of this coin, a cryptocurrency can very quickly move from anonymity and confidentiality to universal control of information about its users. |
|
|
|
Bitcoin crush the altcoins definetly or the altcoins will bounce back like December 2017, January 2018?
What's your opinion?
We see that the market in each year is not like all the others. The world does not develop in a circle, but in a spiral. Therefore, we cannot return to the past. This year, the Altcoins really do not behave as they previously and very slowly react to the change in the price of Bitcoin, especially in the direction of its growth. However, Bitcoin will not be able to destroy altcoins. There is the usual process of selecting more useful altcoins, and useless ones leave the market. However, the market situation will constantly change, so I am waiting for the revival of the popularity of altcoins and, above all, through increasing their prices. |
|
|
|
|
Yes, while high price volatility of cryptocurrency is a serious obstacle to the use of cryptocurrency as a means of payment, as well as the legalization of cryptocurrency by states. Moreover, there is no reason to believe that over time the price volatility of the cryptocurrency will decrease. However, in the future, the cryptocurrency can be used in various combinations with conventional currency and this circumstance can significantly reduce the negative consequences of its high price volatility.
|
|
|
|
No, Venezuela needs the restoration of the country's real economy and a change of money, even for cryptocurrency, will not solve anything. I read that President Maduro took out the country's gold and currency reserves with the help of Russia, and without him it would be very difficult to restore the economy.
As for the use of bitcoin by the population of Venezuela, then in social networks the most criticism of bitcoin comes from the citizens of Venezuela. Due to hyperinflation for the citizens of Venezuela, Bitcoin’s fees are too high and this causes their discontent.
Yes, it's true. In order for Bitcoin to help restore the economy of Venezuela, for this you first need to eliminate the general crisis in this country, and above all the political one. There he is already so sharp that no one, even the best means of payment, will save this country. In my opinion, President Maduro does not cope with the situation there, he relies on force, many people are dying. It's horrible. |
|
|
|
|
Show Posts
