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Why should the financial sector use blockchain technology? What are the substant
The main advantage of blockchain technology in the financial sector is the intermediation and significant cost reduction.
First of all, the financial industry now needs to conduct layers of audits to control financial risks due to prevention of single points of failure and systemic risk, but this also results in high internal costs. And as a result of the ever-increasing regulatory regulations, especially as the financial crisis in 2008 led to rising thresholds for financial regulation and control, the extent of the anti-money laundering and anti-terrorist financing led by the war on terror led to a gradual expansion in the scope and depth of regulation, resulting in the entire financial The regulatory costs of the system have dramatically increased.
First of all, the financial industry now needs to conduct layers of audits to control financial risks due to prevention of single points of failure and systemic risk, but this also results in high internal costs. And as a result of the ever-increasing regulatory regulations, especially as the financial crisis in 2008 led to rising thresholds for financial regulation and control, the extent of the anti-money laundering and anti-terrorist financing led by the war on terror led to a gradual expansion in the scope and depth of regulation, resulting in the entire financial The regulatory costs of the system have dramatically increased.
Good question, I hear a lot of news about lightning system , but I don't see a real progress. Bitcoin transfers are still expensive and slow.
Bitcoin users around the world have high expectations for the lightning network, but bitcoin has so far not been able to trade quickly, and the need for a lightning network has caused much controversy.
Expedia only does hotels, btctrip only does flights and hotels, CheapAir does flights, hotels and car rentals but when I went to book a car rental it said I must pay when I get there. Paying with a credit card when traveling is chalk full of fees I would rather not pay. Are there any other options for paying with Bitcoin?
Bandago is a leader in car rental services and the first car rental company to accept bitcoin payments. Accepting digital cryptocurrencies as one of the payment options is not only more user-friendly, but it is also led by a whole new digital money industry.
I thought, Maybe you did not see it as the right time to invest on that low price. We should not blame ourselves for not investing early because that's how it is. Sometimes we need regret so we can really learn ...
In general, late and not all are not good. Late than worse than the severity of the situation. However, specific needs specific analysis. Maybe bitcoin is not enough to trust you before, and since you are late, you will not miss it.
The existence and future of Bitcoin does not lie in the hands of any one country.
If China and India block the Bitcoin network, bitcoin will indeed be affected for a short period of time, but the system's power is automatically tuned and will soon reduce the difficulty of adaptation. So the future of Bitcoin is not entirely dependent on India and China.
Re: ✔️ ⚡️⚡️⚡️ [ANN] VOTES Presale – PLATFORM for taking votes of any level!
Hmmm
it makes me feel like the project is interested in large companies only. It that the case? You are planning to make more money this way?
Looks like a good project.I think it would be successful in the market,and good luck for you,dev.
I know, a lot of those rookies in crypto (well, including me) got a panic attack because of this current downtrend; Bitcoin, Altcoins.
I almost sold my holdings and take a walk in a shopping mall, but, luckily, I have read this very nice article and got me back into my real self.
I almost sold my holdings and take a walk in a shopping mall, but, luckily, I have read this very nice article and got me back into my real self.
Disclaimer: This article is not mine, and will not be mine. I just want to share this to enlighten those rookie (like me).
At present, bitcoin is facing overbought correction trend. As markets deepen their understanding of blockchain technology, up to 2025, 10% of global GDP will be stored using blockchain technology. Perhaps in 10 years, bitcoin will become the "more mainstream" currency.
For me, as of now it serves as an international currency. Why I said so? It is becayse bitcoin is widely used on a lot of cluntry in the world. Tgey either use it as an alternative for money in the internet, or as a form of investment. Which I might say is wise.
Germany is the first country in the world to recognize bitcoin, requiring citizens to pay taxes or use it for other purposes. But not in China, you can only play on a trading platform such as firefly. This depends on the different national conditions of each country different policies.
It can be said that these encrypted digital token value performance (that is, the price) is affected by two parts, one is the use value of this digital token, that is, what is its practical use.
BTC as an investment project, its rapid increase, so many investors jealous. And ETH also began to soar up, then why dare to compete with the BTC it?
BTC as an investment project, its rapid increase, so many investors jealous. And ETH also began to soar up, then why dare to compete with the BTC it?
Bitcoin's value is not lower because many investors are buying bitcoin so it's not worthless to spend bitcoin's value and it's expected to be higher than its price this year so it's good to hold bitcoin
As a new type of financial instrument, reasonable, legal, anti-counterfeiting and anti-inflation are four characteristics that Bitcoin has tremendous appreciation potential.
ETH AND BTC ARE DIGITAL COIN AMBASSADOR THEN WHY OTHER COINS ARE ALSO IN RUNNING? 
I will buy the trx or tron or the litecoin either of this two , but for my opinion these ICO or altenrative cryptocurrency cant live without the bitcoin. And on the other hand I would and still invest.
I may choose DNC bar. As an emerging digital currency, DHC has plenty of room for growth and its companies belong to the emerging industries.
if you look at the state of bitcoin today I'm not sure bitcoin coin will last up to 100 years because currently the price of bitcoin tends to decrease, but I still keep a bit bitcoin although I still doubt my current action. hopefully bitcoin can go back like years ago.
Bitcoin will eventually collapse completely and be forgotten. This is a very likely result, but its price bubble may last for a long time and may appear in 100 years.
What's there to be confused about? Their stance on Bitcoin is getting clearer and clearer the way I see it. They've already said that they don't plan on banning it, choosing to go the regulation route, and now they've ruled that it has value, and can therefore be confiscated.
Seems to me like they do accept its integration with society, for as long as it's not abused by shady individuals. South Korea is a major cryptocurrency market, and it's looking like it will continue to be. The crackdowns are just noise; most of these have already been done by countries like the US (regulation of exchanges, taxation, seizing Bitcoins, etc.).
Seems to me like they do accept its integration with society, for as long as it's not abused by shady individuals. South Korea is a major cryptocurrency market, and it's looking like it will continue to be. The crackdowns are just noise; most of these have already been done by countries like the US (regulation of exchanges, taxation, seizing Bitcoins, etc.).
To summarize the regulatory measures introduced by the South Korean government as one sentence, it can be summed up as "the principle of prohibition, the actual operation of the main regulatory."
Bitcoin is digital currency or known as the father of all crypto currency that has the potential to become the new money or the electronic money around the world. Bitcoin is also the most expensive digital coin and it is almost compare to the gold but why bitcoin is created?
Here are some reason :
* To change the perception of all people about the digital currency.
* To improve the payments and transactions and in the internet world.
* To become the image of money around the world.
* To protect or hides the identity of the user, for security purposes.
* To give an opportunity to all people around the world to earn a secondary income.
* To upgrade the currency because everything in this world is now upgrading.
SHARE YOUR THOUGHTS
If this post is worth of your merit, Thank you
The idea of people who create bitcoin can be said to be very advanced. He should create bitcoin based on people's demand for digital money. Bitcoins bring a lot of convenience to us. For example, transactions using bitcoin do not need to go through an intermediary, anonymity, etc. These are the reasons why bitcoin exists and it is the digital cryptocurrency born for the people.Here are some reason :
* To change the perception of all people about the digital currency.
* To improve the payments and transactions and in the internet world.
* To become the image of money around the world.
* To protect or hides the identity of the user, for security purposes.
* To give an opportunity to all people around the world to earn a secondary income.
* To upgrade the currency because everything in this world is now upgrading.
SHARE YOUR THOUGHTS
If this post is worth of your merit, Thank you
Bitcoin itself is just a bunch of code, but as long as the network exists, the code does not go away.
Bitcoin meets the characteristics of being scarce and non-destructive (as long as the network still exists).
I do not think it is a good idea to put bitcoin ads on TV, because in everybody's subconscious, TV ads are deceptive, so when bitcoin ads appear on television they only make people think it's a scam message.
Do investment or speculation, the most taboo is shouting slogans. Although we may find some slogans too impractical. However, Bitcoin has skyrocketed to keep hitting its face.
I will think of bitcoin savings for my offspring is children in the future but it will likely take more than ten years before I have kids that I want to enjoy for life and I want to use them in the future if I have a little baby with my wife of course I can use that money as best I can in the future but if I will hold it that long and have doubts about bitcoin death then my choice to use it while I look forward to my child born in order to have the whole process of his brain before I will teach him about bitcoin until his son adult. 
I should not save bitcoin for my kids. Times change too fast, maybe there will be better investment tools.
I have been scaled just once and it was really painful. I wanted to buy some tokens online and needed bitcoin, I saw a group for purchase of bitcoin and decided to make transactions there and that was how my money disappeared.
not at all. On the contrary, I think bitcoin is worth investing. Of course, you should be careful before investing.
Hi,
before I join the KYC I would like to ask something since the whitepaper is not released yet.
What's the max / min amount during presale?
Soft and Hardcap?
Also - the telegram link on the website doesn't work.
before I join the KYC I would like to ask something since the whitepaper is not released yet.
What's the max / min amount during presale?
Soft and Hardcap?
Also - the telegram link on the website doesn't work.
I would like to know too
Also the team and the advisors of this team seems to have a very strong background, which is a very good sign
This project seems to be very interesting.and his team consists of a group of smart people.good luck
Re: Is the complete anonymity and decentralization of bitcoin good or bad?
Indeed, when we give token to the exchange, it is only based on trust.
A number of exchanges have been stolen recently, and some centralised exchanges may be able to pay for some of the stolen tokens, but the decentralised exchange...
A number of exchanges have been stolen recently, and some centralised exchanges may be able to pay for some of the stolen tokens, but the decentralised exchange...
Bitcoin can be anonymized, which will allow everyone freedom to talk about economic value, free from snooping by criminals and by unequal laws of corrupt governments. Of course, bitcoin anonymity also brings disadvantages, such as trading platform needs to verify identity. Some platforms have purchase limits each month, or more personal information is needed to allow for more purchases.