Satoshi Nakamoto's identity is not precisely known. Also like you I have investigated and came to the same conclusion that he left us Bitcoin to use it for the best purpose for which it was created. We can only thank him because here in this forum He leave his deepest thoughts. What makes us admire him more. I found this article worth reading because it summarizes the background to his departure. Satoshi wished to be completely anonymous. Satoshi’s final correspondence, from an April 26, 2011 email to Gavin Andresen, has given rise to another theory as to why he abruptly left. He wrote: "I wish you wouldn’t keep talking about me as a mysterious shadowy figure, the press just turns that into a pirate currency angle. Maybe instead make it about the open source project and give more credit to your dev contributors; it helps motivate them." https://news.bitcoin.com/satoshis-final-messages-leave-tantalizing-clues-to-his-disappearance/ |
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I love this article for its credibility. Everything discussed has been a retrospective from the vision of an American in the year 2020. Who has an interest in cryptocurrencies. I didn't know that Universities like Harvard, Stanford, and MIT, are investing in crypto funds. My vote is that already cryptocurrencies are in the mainstream.
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From my point of view, exchange platforms were created to facilitate the work of selling and buying bitcoins. Where security and lawful trade must prevail. I don't see anything against this fact. Whichever method you use to buy and sell them is fine. I think that every Bitcoiner should see this documentary or any other that recapitulates the beginnings of Bitcoin to give it the true value that it really has. The value goes further, there are those who can buy more and more to save them and get rich. As there are also others who spend it to buy bread from day to day, specially in this time of crisis and famine. Evolution of Bitcoin - Full documentary https://youtu.be/HUpGHOLkoXsIf you are in need of a license to trade bitcoin you may need to read this article. https://www.suretybonds.org/blog/which-states-require-cryptocurrency-businesses-to-get-a-money-transmitter-license/ |
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On the second point that deals with the countries that have not prohibited the use of Bitcoin.
I can tell you about my country Venezuela that would fit into that category. The government has not banned the use of Bitcoin but has not publicly supported it either. Mention has been made of a tax framework that has not yet been implemented.
As some know, Venezuela is going through a hyperinflation that the government has not been able to control. Although the government created a cryptocurrency called the Petro that has not been able to fulfill the desired objective, it is being commercialized by Venezuelans with little demand.
For bitcoin to be a cryptocurrency that is highly commercialized in Venezuela. Venezuelans need it to be regulated because we are used to everything working with the law.
In addition to regulation, the state must guarantee its execution, improve the telecommunications and internet system that today is precarious. If it is possible for Venezuelans to enjoy free Wi-fi service.
For all this to happen, big changes will have to be made.
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As Bitcoin is the King and the most liquid digital asset, it is logical to think that people will want to invest in Bitcoin.
In a quest to protect your assets. What will you choose Bitcoin, Gold or Silver? Possibly you will choose Bitcoin.
As many have realized there are business owners who are exchanging their asset reserves for Bitcoin.
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Bitcoin is taking a favorable turn. Let's not limit ourselves just looking for an uptrend. Bitcoin is causing other very positive effects. I was positive about this tweet today. https://twitter.com/Cointelegraph/status/1297778173178863616?s=19‘Bitcoin Will Never Ditch You’ Ad Tells HK’s Apple Daily Readers. Celebrate phrase by Satoshi Nakamoto. Today I saw a publication that people in my country are interested in opening a bank account in dollars. For a moment I started looking for the requirements and then I said to myself. Why do I need a dollar account if I have Bitcoin? I don't need it. If you need more inspiration take a look at this tweet. Another company that chose its reserve assets to convert into Bitcoin. https://twitter.com/APompliano/status/1297908879611834368?s=19 |
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According to various opinions expressed here. The best way to convert Bitcoin to Fiat is local exchange. I do not like the term of comparing Bitcoin for real money as if it were talking about money that is not real to real money. For me to speak of Bitcoin is to speak in outstanding terms.
I have experienced that the best way to convert Bitcoin to Fiat is with a local P2P exchange. Some have used Binance or Localbitcoin. I use Cryptoway you need to approve KYC to access the services. The advantages are security, you can change several cryptocurrencies, you can change up to a minimum amount of coins, low commissions, less than 5 minutes you can have the deposit in your bank account and technical support.
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This is a thread that was created by a forbescrypto writer on the question on US ISR Form 1040 about whether in 2020 you sell, send or exchange any virtual currency. I also think the nation is interested in investigating whether taxpayers are using virtual currency in order to provide answers to the American crypto community. https://twitter.com/TheCryptoCPA/status/1296863406620901379?s=19 |
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Jeff Bezos and other millionaires have donated at least 1% of their wealth to the coronavirus. https://www.cnbc.com/2020/06/06/how-much-americas-richest-are-donating-for-coronavirus-relief.htmlThe pandemic has taught us that we must preserve the most important thing that is health and our loved ones. We are also concerned about work, many people around the world have lost their jobs. After the pandemic, I think that all these people, the richest in the world, should help create sustainable jobs to reduce the global poverty rate. |
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I saw this influencer as a little crazy. We are not the only ones who are displeased with his antics. https://twitter.com/_TheCoolTwin/status/1297203208557715459?s=19
What is true is that when bitcoin continues to climb, altcoins fall. We have checked it several times. We need to buy more bitcoin before it is unreachable. |
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Thanks to Bitcoin I can achieve what I could never do before with a formal job.
Bitcoin makes you understand that you must gain knowledge and invites you to continue learning.
I wanted to add that in the midst of the pandemic it allowed me to keep my family safe and help other people in need.
I think that for poor people he has been of great help.
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This is good news for the country of India with the use of blockchain for primary school teachers in a pension program. By using it, they seek to ensure the trust and payment of the beneficiaries.
I am sure it will be very positive for this country because it is developed by the government and with the support of IBM blockchain.
The government of India is showing a model to follow by ensuring digital service, transparent and secure.
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Thanks for sharing this tweet. I read it, I was inspired by the story so I was encouraged to follow the account to know the updates of the Restaurant. I think it is a challenge for this businessman worth following. I would also be able to assume something similar. From the moment we decide to accept the payment of our salary in bitcoin. We are already taking a big step for massive adoption.
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Not all people have the opportunity to enter a University so learning Economics should be appropriate to do it in high school at a basic level.
With this knowledge, the difficulties that can be observed in people when managing their finances, entrepreneurship and managing small businesses could be avoided.
The more educated people are, the poverty index can be reduced.
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As China was able to get out of the Coronavirus pandemic and as a powerful country it is in advantages especially with the USA. What we could say China is winning the economic war. In the 2008 crisis, the most developed countries came together to get out of the crisis quickly.
It is possible that another agreement will happen now as it worked in the past but adapted to the needs of today.
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If Hester Peirce has been elected for the second time as SEC commissioner, it is because she has demonstrated a good management that requires her to continue in the work of adapting the innovation of financial services. She also invites developers to continue creating solutions and not continue to worry about regulations. So IMO will come good news from the SEC. "Remember that innovation typically comes from outside the government sector. We need to set up a framework that allows people who spend a lot of time thinking about new ideas to continue to spend time thinking about those ideas and not a lot of time worrying about complying with regulations. "
Hester Peirce |
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