When we look at present currency and how it is being manage, the introduction of bitcoin and other currencies will just alter that chain of the normal currency and it is going to be more difficult to price goods or allocated goods with prices.
Most people accept crypto currency during this Covid19 epidemic. do you want to know why? Because you could make money and at same stay save from the virus, just ordering from delivery companies with amazon inclusive, thus making the Man more money.
Yes, this is a fundamental question. If he leaves on and is observing all that is happening like the Ethereum owner, this means this guy are capable of shutting down the whole system if things are not getting right for them.
Some say, blockchain chain technology is transparent. How is this true when the number of black-market transactions keep increasing and being successful with nothing done to stop it.
The chances of you venturing into crypto currency not knowing anything, but relying on those who have succeeded to succeed, are very slim.
To me, if there are no people to invest and that take the risk to trade or buy and sell coins, the coins will go to inexistence.
The fact that this is not traceable it is a bad thing. Because once you make a mistake in transferring so much money to another or bitcoin, someone you don’t know, someone you have no idea about, then consider it a loss.
Many people lack patience. They envy the lifestyle of those who took risk way back before being where they are now. The cars, houses and many other luxury investments those people have. You coming in now into the block world, you will be expecting immediate results. But I will say “sorry”, that’s not the case. You need to be patient too.
People working hard and dying still living their family behind to suffer because of NO digital access to a wallet where their money is all stored. This is a fact. This may not be quickly realis now, but with the Bitcoin is striving, one day it will be the main coin used for transactions.
How the internet came into existence and many didn’t know about it, that is how bitcoin is today. The internet changed the way people communicated; bitcoin changed the way money works.
