The air of uncertainty is too much to develop a banking institution for this era. Until all settles, and the laws become apparent will this become a reality
Post
Topic
BoardEconomics
Re: Digital Money = Cashless Society
by
bowals
on 19/07/2018, 20:11:56 UTC
Same way here too. It's awesome to see the evolution of money and digital transaction. Like with physical cash when it first started, it was laced with scam and the likes, but it evolved to something better and lovelier
Post
Topic
BoardEconomics
Re: Is there manipulation of sharks ?
by
bowals
on 19/07/2018, 20:09:39 UTC
I do think it's being manipulated by sharks. In an hypothetical situation, you had a million dollars, wouldn't you manipulate the market? But then, isn't it the same with the stock exchange?
Post
Topic
BoardEconomics
Re: France declares war on the cryptocurrencies
by
bowals
on 19/07/2018, 20:05:25 UTC
I think this is good news na, it means regulation which would be before worldwide acceptance
Post
Topic
BoardEconomics
Re: What would happen to banks?
by
bowals
on 19/07/2018, 20:03:20 UTC
As youh rightly said, they evolve!. I don't know why people think they are beyond innovation. They have been relevant for years now, they drove development and are still driving it in a lot of countries!
Post
Topic
BoardEconomics
Re: The number of Canadians who own bitcoin doubled in 1 year
by
bowals
on 19/07/2018, 19:08:54 UTC
It's almost the same trend all around the world, while majority just hodl, a minority really use it as a currency. Which is awesome in the evolution of the blockchain
Post
Topic
BoardEconomics
Re: Banks admit they fear BTC
by
bowals
on 19/07/2018, 19:01:07 UTC
Makes sense after all bitcoin has gone through, but it's still surviving and getting stronger!
Post
Topic
BoardEconomics
Re: US Congressman gets paid to trash Bitcoin
by
bowals
on 19/07/2018, 18:59:37 UTC
It's bound to happen, don't expect the "middle men" - banks to go down without a fight
Post
Topic
BoardEconomics
Re: Bitcoin Bounces Back Above $6500 After BlackRock Creates Crypto Team
by
bowals
on 19/07/2018, 18:54:09 UTC
In summary, there is an hedge fund being developed, which led to tipping point in favour of bitcoin
Post
Topic
BoardEconomics
Re: Does Bitcoin affect world trade?
by
bowals
on 19/07/2018, 09:57:02 UTC
Definitely, there is a role. Bitcoin is already involved in trades between individuals. As for countries, I think they would rather use the technology behind bitcoin ( the blockchain technilogy) for their trades since it ensures transparency
Post
Topic
BoardBounties (Altcoins)
Re: [BOUNTY]🔥🔥QUANTUM PAY Reserves 3Bn Qpay for Bounty Rewards🔥🔥
In simple and short terms, that'll mean the end of the world. Fiat cannot crash! It can get better. If fiat crashes, every other thing would crash too
Post
Topic
BoardEconomics
Re: Taxes on Crypto Currencies and Mining!
by
bowals
on 12/07/2018, 18:33:25 UTC
Do you have any source for this? I just want a form of control/regulation on it. That can reduce fraud and the likes
Post
Topic
BoardEconomics
Re: What profit has brought you to bitcoin?
by
bowals
on 12/07/2018, 18:31:05 UTC
I would have made a few thousand bucks but I was hacked. Started dealing since September, price was fair then and would have made good profit
Post
Topic
BoardEconomics
Re: hackers becoming smarter than exchanges?
by
bowals
on 12/07/2018, 18:16:38 UTC
Hackers are always smarter but it's the effectiveness and backing of the security agents to track them down and block further transfers that prevents this. Since crypto is decentralised and unregulated, it's the perfect medium for hackers.
Post
Topic
BoardEconomics
Re: Bubbles
by
bowals
on 12/07/2018, 18:12:18 UTC
The next bubble is the crypto currency bubble. It's waxing stronger and stronger everyday
Post
Topic
BoardEconomics
Re: They are the silent majority.
by
bowals
on 12/07/2018, 16:21:36 UTC
This is definitely the real world, everyone has the right to either say yes or no to any request you may have
Post
Topic
BoardEconomics
Re: Is Bitcoin fair for those who buy for the first time now?
by
bowals
on 12/07/2018, 16:17:23 UTC
Fair or not doesn't matter, the purchasing power is still d the same
Post
Topic
BoardEconomics
Re: America threatens China with $500 billion in US trade tariffs
by
bowals
on 12/07/2018, 16:15:38 UTC
I thijjk itll mean well for the rest of the world, monopoly is never a good thing. The battle for supremacy would weaken both powers and hopefully reduce the monopoly well enough