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Showing 9 of 9 results by Angela92P
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Board Bitcoin Discussion
Re: Why should governments accept Crypto currencies?
by
Angela92P
on 18/10/2018, 20:45:44 UTC
Taxes are needed, but minimal. It is important - the first three years, for example, the ICO should be exempted from taxes. And then the country will receive: a) huge liquidity (one ICO - the budget of a region or even a few small ones); b) new funds on deposits; c) new business entities; d) a huge labor market; e) additional funds from related services (purchase of traffic, payment for the work of specialists).
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Board Bitcoin Discussion
Re: Bitcoin future looks brighter
by
Angela92P
on 18/10/2018, 20:22:12 UTC
I think this will be a great improvement on real currency mining. But you still need to think about when all this will come out and whether we will need mining then.
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Board Bitcoin Discussion
Re: Is anonymity the future for bitcoin???
by
Angela92P
on 14/10/2018, 20:08:13 UTC
the Bitcoin Protocol, in fact, consists of several transactions. These transactions are a set of different kinds of data, including the input and output of the transaction. The entrance is called Bitcoin addresses from which bitcoins are sent. Such coins can be spent only if there is a personal key associated with this address. The output is the addresses to which bitcoins are sent. Each transaction transfers bitcoins from one or more inputs (addresses) to one or more outputs (addresses). A transaction can have only one input and one output. But it happens rarely, as it requires you to send the amount in bitcoins (out) exactly matched the previously obtained sum (input).                                                                                     
                                                                                                                         
There are three main ways to identify a Bitcoin user.

First of all, although Bitcoin transactions are sent through randomly selected peer-to-peer nodes, this system is not immaculate. If, for example, an attacker has the ability to connect several nodes to the Bitcoin network, then the aggregate data collected by Them may be enough to determine the source of the transaction. Second, a Bitcoin address can be matched to a person's real identity if their identity is somehow used along with the Bitcoin address. This includes addresses that are used to Deposit and withdraw funds to or from a regulated exchange where cryptocurrency can be traded, or a wallet, addresses displayed publicly to collect charitable donations, or addresses that are simply used to send bitcoins to anyone (including online stores) with real personal data. But the most important thing is that all transactions in the Bitcoin network are completely transparent and can be tracked by anyone. It is full transparency that makes it possible to group several Bitcoin addresses and bind them to one user. Thus, if it is possible, using any other methods of overcoming anonymity, to bind to the real identity of a person some one address from such a group, then everyone will be tied.
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Board Bitcoin Discussion
Re: How well does Bitcoin function as a currency?
by
Angela92P
on 14/10/2018, 14:08:50 UTC
Successful currencies meet three criteria:

(1) they are in widespread use as medium of exchange
(2) they serve as unit of account
(3) they are a stable store of value.

Most sovereign currencies fully meet all three criteria.

What about Bitcoin?

To me in terms of digital currency I think that bitcoin has been stradily keeping up the job. However if the definition is solely based on what you reason above then I do think that bitcoin is not a currency at par on what the world wants it to be. To me bitcoin is something that for now only the digital and the i ternet can only make sense or understand what this is all about but to the world. It is but a fugazi or it doesnt exist.
I agree with you. Bitcoin is not scrambled. It can not now be called a valuable currency.
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Board Bitcoin Discussion
Re: Bitcoin Is "Money Out of Thin Air"?
by
Angela92P
on 13/10/2018, 20:02:25 UTC
cryptocurrency is virtual money that has no physical expression. They are only in the form of computer code, encrypted data. At the same time, the imitation of the account is not controlled by the administrator: banks and terminals do not participate in operations with cryptocurrency, they are not regulated by the state. Anyone can get money, and this direction is called "mining". Mining involves the use of computer power to solve various problems on the formation of new blocks of the cryptocurrency network. Simply put, for overclocking the operating system, you can earn money. The mechanism is similar to investing money in shares, but instead of shares — the power of the computer. Therefore, we can not say that bitcoin is money out of thin air, then you need to work hard.
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Board Bitcoin Discussion
Re: What do you think about Bitcoin?
by
Angela92P
on 12/10/2018, 19:37:25 UTC
Bitcoin is really difficult to develop because of the constant obstacles from the government. But nevertheless, we see what scale it has already been able to achieve despite all the difficulties. And so I believe that he will achieve all his goals and the States will eventually accept him.
How long will it take? I would like to see how bitcoin is recognized by governments.
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Board Bitcoin Discussion
Re: Is Bitcoin really driven by individuals?
by
Angela92P
on 12/10/2018, 19:04:20 UTC
The cryptocurrency rate is determined by technology and the economy, and Bitcoin is no exception to this rule. Not only the exchanges could not decide on the position regarding the new currency; the Bitcoin network itself received little support for miners in the first weeks of its existence. As you know, a necessary condition for the success of the blockchain is the participation in its formation of a sufficient number of miners who want to allocate their computing power to add blocks to the registry in which users carry out transactions. Thus, one of the main factors of bitcoin growth are the manners that actually this bitcoin and try to get to earn
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Board Bitcoin Discussion
Re: is it true that bitcoin is a disaster for local banks
by
Angela92P
on 11/10/2018, 19:12:40 UTC
I heard the news, that banks are afraid of bitcoin and can replace banks, because the excess of bitcoin is much compared to local banks
Banks need a constant arrival and departure of funds, but cryptocurrency does not imply a commodity equivalent, therefore there is only in electronic form. There is no real possibility to pass it through the Bank, so Yes, I think banks are absolutely against the existence of such a currency
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Board Bitcoin Discussion
Re: is it true that bitcoin is a disaster for local banks
by
Angela92P
on 11/10/2018, 18:46:41 UTC
I heard the news, that banks are afraid of bitcoin and can replace banks, because the excess of bitcoin is much compared to local banks
Bitcoin problem for banks, or rather the problem for the central bank. Of course, if this is not the idea of ​​the central bank itself, but rather the managers.