Fakhoury (OP)
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October 02, 2015, 08:54:45 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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October 02, 2015, 08:55:56 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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October 02, 2015, 08:56:58 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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October 02, 2015, 08:58:05 PM Last edit: October 02, 2015, 10:19:14 PM by Fakhoury |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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October 02, 2015, 09:01:17 PM |
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They recommend to not regulate the cryptocurrencies (understand "bitcoin") but this will increase the cyber crime. Like the example of the increase of the consumption of alcohol during the time of its prohibition during the period 1920 - 1033.
In this period the alcohol was prohibited because the authors of this prohibition wanted to prohibit the people to drink. The result was totally diverse: the increase of the use of the alcohol.
The Europol recommend to not regulate (understand "prohibit the use") of cryptocurrencies because the regulation will increase the cyber crime (according to them). While the not regulation will decrease it.
It will be the opposite. Like in the example of prohibition of alcohol. Because the non regulation is like the denial (thing made during the period of prohibition).
I understand what you want to say, to be honest, I'm 50/50 with regulation. What I'm optimistic with the regulation is that will help people to know and trust Bitcoin and this is what we need to achieve mass adoption.
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Dexter770221
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October 02, 2015, 09:57:20 PM |
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Post #444 wrong link (duplicated from post #443)
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Under development Modular UPGRADEABLE Miner (MUM). Looking for investors. Changing one PCB with screwdriver and you have brand new miner in hand... Plug&Play, scalable from one module to thousands.
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Fakhoury (OP)
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October 02, 2015, 10:19:33 PM |
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Post #444 wrong link (duplicated from post #443)
Fixed, thank you
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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October 02, 2015, 10:23:31 PM |
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Bitcoin on national television in Korea News URL : https://www.youtube.com/watch?v=O1vdpeKMduc
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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October 02, 2015, 10:26:40 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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n2004al
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October 03, 2015, 05:50:19 AM |
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"One of the earliest and most vocal financial institutions in the fray, however, was US stock exchange Nasdaq, which revealed in May it had been working for a year to harness bitcoin's distributed ledger for private stock sales." Nasdaq will implement blockchain. Another Big like Nasdaq will adopt the technology which invented bitcoin and its main part. This can happen only and because bitcoin is legal (regulated). ( http://www.coindesk.com/information/is-bitcoin-legal/ Europe where are you?
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n2004al
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October 03, 2015, 06:01:52 AM Last edit: October 03, 2015, 06:21:38 AM by n2004al |
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They recommend to not regulate the cryptocurrencies (understand "bitcoin") but this will increase the cyber crime. Like the example of the increase of the consumption of alcohol during the time of its prohibition during the period 1920 - 1033.
In this period the alcohol was prohibited because the authors of this prohibition wanted to prohibit the people to drink. The result was totally diverse: the increase of the use of the alcohol.
The Europol recommend to not regulate (understand "prohibit the use") of cryptocurrencies because the regulation will increase the cyber crime (according to them). While the not regulation will decrease it.
It will be the opposite. Like in the example of prohibition of alcohol. Because the non regulation is like the denial (thing made during the period of prohibition).
I understand what you want to say, to be honest, I'm 50/50 with regulation. What I'm optimistic with the regulation is that will help people to know and trust Bitcoin and this is what we need to achieve mass adoption. I understand your fear. But read the following: Regulated don't mean limited or fighting my friend but only open ALL the ways in which bitcoin can be used for good and close ALL the others. It is the officially KNOWN of bitcoin by the country. It the spread of it in a free and SECURE way within its territory. It is doing business with it without fear that one day some public employer close your business without giving any explanation. It is the use of it from all the Big-s of your country. With few words. It is everything needed that bitcoin be "something that exist" (will be known officially by the authorities). Now it is "nothing" (is ignored by mostly of those). Only this. You must not have fear from the legalization. You need to want and to ask for it.
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n2004al
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October 03, 2015, 06:09:01 AM |
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"De Nederlandsche Bank (DNB) head of research Jakob de Haan has issued new responses to pointed questions about the role of bitcoin in global finance." "Apparently, there are a few people convinced [digital currencies] are the future. Let's wait and see. I'm not opposed to all these initiatives and if you're right, the world will be very different and I will lose my job, but by then I'll be retired I guess." "De Haan went on to note that he was personally "not an expert" in bitcoin, but that the central bank is following the emerging technology closely and that researchers have been delved into the topic." An open mind expert of an Central Bank which talk about bitcoin and its technology. Will Nederlands regulate bitcoin? Sooner will be better.
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Fakhoury (OP)
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October 03, 2015, 08:39:23 PM |
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"One of the earliest and most vocal financial institutions in the fray, however, was US stock exchange Nasdaq, which revealed in May it had been working for a year to harness bitcoin's distributed ledger for private stock sales." Nasdaq will implement blockchain. Another Big like Nasdaq will adopt the technology which invented bitcoin and its main part. This can happen only and because bitcoin is legal (regulated). ( http://www.coindesk.com/information/is-bitcoin-legal/ Europe where are you? Europe will come, don't worry. But did Nasdaq mention that they will be using Bitcoin's Blockchain ? I understand your fear. But read the following:
Regulated don't mean limited or fighting my friend but only open ALL the ways in which bitcoin can be used for good and close ALL the others. It is the officially KNOWN of bitcoin by the country. It the spread of it in a free and SECURE way within its territory. It is doing business with it without fear that one day some public employer close your business without giving any explanation. It is the use of it from all the Big-s of your country. With few words. It is everything needed that bitcoin be "something that exist" (will be known officially by the authorities). Now it is "nothing" (is ignored by mostly of those). Only this. You must not have fear from the legalization. You need to want and to ask for it.
I understand you and really respect what you said brother, but don't forget we want Bitcoin to be as decentralized as possible, don't forget this. Thanks for adding the bullish news my friend and I agree, it's bullish as we are approaching day by day the main stream.
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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October 03, 2015, 08:40:33 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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October 03, 2015, 08:44:22 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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October 03, 2015, 08:45:50 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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October 03, 2015, 08:49:25 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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October 03, 2015, 08:50:57 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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Fakhoury (OP)
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October 03, 2015, 08:51:50 PM |
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Feb. 14, 2010: I’m sure that in 20 years there will either be very large transaction volume or no volume.
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