Hello traders. What's your opinion could BTC kill banking system? Bitcoin has an advantage over fiatbecause its amount is limited and it can't fall under inflation.Inflation usually is caused by monetary policies of our central banks. Bitcoin is free from inflation, governement control and high transaction fees.Banks cant control BTC because it has no representative and is fully decentralized. That's why banks are afraid of BTC.
The world consists of many countries. Someone supports Bitcoin, someone rejects. Therefore, Bitcoin is not able to break through the centralized world system due to small adoption, however, as a tool, Bitcoin has the features to do this.
We can't expect all the county will adopt, poor countries which has no access on internet connection cannot adopt with crypto. If we have big countries to adopt, that is already very positive for the crypto market as smaller countries are looking at them and they might follow them.
Finally. I'm marking it all. We can't expect some 3d countries w/ no stability and laws bring crypto any success
huh. Like we never knew thet promote only that helping them to get personal info easily
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BoardBitcoin Discussion
Re: Problems in Bitcoin
by
haufranco
on 26/11/2019, 05:20:01 UTC
I'd say it's not regulated at all. There are many local lows but no rules in general so many scam platform choose some EU countries for no taxes or no control. So income requares risk
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BoardBitcoin Discussion
Re: Never possible earn free bitcoin without work.
by
haufranco
on 25/11/2019, 09:27:20 UTC
Cos' btc is more like a decade income u'll never be able to see money getting so quick. Moreover for free like some expect
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BoardBitcoin Discussion
Re: Am I the Only One Who Forget The Innovation of Bitcoin ?
by
haufranco
on 25/11/2019, 04:18:27 UTC
U really think there's the only one guy? Doubt that. Probably group of ppl did that for some economy purposes
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BoardBitcoin Discussion
Re: Crypto Currencies VS local law policies
by
haufranco
on 25/11/2019, 04:06:15 UTC
Right. And I truly believe there should be no local laws at different paths. It must be world-wide regulation guys
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BoardBitcoin Discussion
Re: Do you think that cryptos such as Bitcoin would be mainstream?
by
haufranco
on 19/11/2019, 09:17:36 UTC
sooner or later there would be another chain for sure
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BoardBounties (Altcoins)
Re: ⚡[Bounty ]⚡[DVX] INNOVATIVE STANDARD FOR REAL ESTATE DEVELOPMENT⚡ November 2019
by
haufranco
on 18/11/2019, 16:42:35 UTC
bounty in real estate in 2019? u serious?
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BoardBitcoin Discussion
Re: What type of Cryptocurrency is used in the Deep Web for transactions?
by
haufranco
on 13/11/2019, 09:28:38 UTC
btc for sure. the hardest to track and at the same time the safest for transactions for some types of activities
4 years ago, I trade on poloniex and bittrex , they are the most trustable exchange I've ever known. I can withdraw anytime without KYC verification. For some reason , I stop trading over 2 years and I want to withdraw the rest of the balance left, they asking me to give them the KYC.
Maybe the different between you and me is you're still new and still not aware that most exchange nowadays require KYC
Maybe the exchange failed to informed you regarding the new regulation or perhaps you have failed to notice that there is a new exchanges policies about KYC but the sure thing is most of exchanges are now KYC compliant and regarding to this new comer then maybe he failed to read all terms and condition of the exchanges before creating an account in which i think he did.
Or in some cases companies take some checks or reciepts as suspucious and take time to prove
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BoardLegal
Re: How profit from Bitcoin will be taxed in India?
by
haufranco
on 30/10/2019, 09:44:40 UTC
Agree. I saw news on India being blocking all the activity so it might not become such a right decision now
Libra may not be a threat to Bitcoin, because the dominant bitcoin has already mastered all market exchanges and cryptocurrencies. But it could be a threat to the enormous amount of altcoins. Libra has also been known since now because it exists among Facebook.
But it seems they all done with libra. REjected now by all the major players
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BoardAnnouncements (Altcoins)
Re: [ANN] LIBRA - Simple Global Currency - Reinvent Money - By Facebook