[/b] Elysium is a new cryptocurrency destined to change the world of economy and finance following the revolution of Bitcoin and Blockchain technology. This currency is similar to traditional values but it is only avialable in the digital world.
How does Elysium work?
The blockchain is an incorruptible digital ledger of economic transactions that can be programmed to record not just financial transactions but virtually everything of value. These transactions are verified by network nodes and recorded in a public distributed ledger called a blockchain. the system works without a central repository or single administrator, so the bitcoin is considered the first decentralized digital currency. Elysium is accessible and available wherever and whenever you are in need, no bounderires limits, no limits , which means you can purchase or sell products and services, transfer money to your family and friends at an extremely low cost by an instant confirmation network without any interruption
PROBLEMS RESOLVED BY ELYSIUM
Therefore, the Elysium-based transaction system, like bitcoin, allows fast, instantaneous transactions, which can take place in a few seconds from any device. One of the most important thing is that Transfer fee can be removed until free, but to speed up transactions, you can set the cost in Elysium wallet as needed no matter how much coin is sent. The transaction of Elysium is safe and also anonymous. Each person is able to set a name or can be anonymous however the transaction can be checked by blockchain.
It depend on your situation, normally is better to invest, but there are moments where save it could save your ass
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BoardEconomics
Re: Do you think cryptocurrencies have the potential to overtake regular currencies?
by
Count Basie
on 22/02/2018, 11:41:28 UTC
I think the cryptocurrencies have excellent chances to become real money in about 15 years from now
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BoardEconomics
Re: How do you see the bitcoin economy 10 years from now?
by
Count Basie
on 16/02/2018, 16:29:46 UTC
In my opinion in 10 years i see a large use of the blockchain's technology in every field, but i don't think that the bitcoin will have a long life, i think that in the future we'll use other cryptocurrencies
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BoardEconomics
Re: Economy in your country
by
Count Basie
on 16/02/2018, 16:23:30 UTC
The bitcoin's effects on my country's economy are practically 0. A lot of people don't even know what is a Bitcoin.
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BoardEconomics
Re: Better to mine or to buy ?
by
Count Basie
on 16/02/2018, 15:53:54 UTC
Mining Bcoin takes too much time, and you spend more money than you earned .