The world we live today is digital and traditionally gold already has played a central role in economics driven by physical exchange. As we dig deeper to this rabbit hole of 'everything digital', the process of exchanging value is also going to transition into a
'non physical solution' and Bitcoin has a potential to play a big role into this transition process. As in the early days, storing, processing and sharing information was radically transformed by the computer and the internet, Bitcoin is playing a similar role by enhancing the ways which we can store, process and exchange value.
Bitcoins : all you need to know and get started with BitcoinSharjeel Khawaja
Bitcoin is a digital asset designed by its inventor, Satoshi Nakamoto, to work as a currency. It is commonly referred to with terms like digital currency, digital cash, virtual currency, electronic currency, or cryptocurrency.
CoinX Trading Business Concept EnglishRomeo Abuhan
How do you like to get paid everyday? How do you like to earn money by trading and investment? Earning is that easy. Earn everyday, over and over again with CoinX Trading.
Coinx Trading offering Bitcoin Trading opportunity with fixed daily returns.
Earn daily 0.4% to 1.5% per day.
With affiliated incomes,
Direct referral 10%, and
Binary income 10%, unlimited levels.
TRADE AND INVEST with doing nothing. No hard selling, no hassle.
Register free here:
http://ow.ly/NwGa30ewwbx
www.coinxtrading.com , wwww.coinxtrading.biz,
COINX TRADING LTD
Coinx Trading - Marketing - Business Plan - Binary Compensation Plan ,Affiliate Marketing Plan
Coinx Trading - Marketing - Business Plan
Email: support@coinxtrading.com
How do you like to get paid everyday? How do you like to earn money by trading and investment? Earning is that easy. Earn everyday, over and over again with CoinX Trading.
Coinx Trading offering Bitcoin Trading opportunity with fixed daily returns.
Earn daily 0.4% to 1.5% per day.
With affiliated incomes,
Direct referral 10%, and
Binary income 10%, unlimited levels.
TRADE AND INVEST with doing nothing. No hard selling, no hassle.
Register free here:
http://ow.ly/NwGa30ewwbx
CoinX Trading Business Concept EnglishRomeo Abuhan
How do you like to get paid everyday? How do you like to earn money by trading and investment? Earning is that easy. Earn everyday, over and over again with CoinX Trading.
Coinx Trading offering Bitcoin Trading opportunity with fixed daily returns.
Earn daily 0.4% to 1.5% per day.
With affiliated incomes,
Direct referral 10%, and
Binary income 10%, unlimited levels.
TRADE AND INVEST with doing nothing. No hard selling, no hassle.
Register free here:
http://ow.ly/NwGa30ewwbx
www.coinxtrading.com , wwww.coinxtrading.biz,
COINX TRADING LTD
Coinx Trading - Marketing - Business Plan - Binary Compensation Plan ,Affiliate Marketing Plan
Coinx Trading - Marketing - Business Plan
Email: support@coinxtrading.com
Bitcoins : all you need to know and get started with BitcoinSharjeel Khawaja
Bitcoin is a digital asset designed by its inventor, Satoshi Nakamoto, to work as a currency. It is commonly referred to with terms like digital currency, digital cash, virtual currency, electronic currency, or cryptocurrency.
CoinX Trading Business Concept EnglishRomeo Abuhan
How do you like to get paid everyday? How do you like to earn money by trading and investment? Earning is that easy. Earn everyday, over and over again with CoinX Trading.
Coinx Trading offering Bitcoin Trading opportunity with fixed daily returns.
Earn daily 0.4% to 1.5% per day.
With affiliated incomes,
Direct referral 10%, and
Binary income 10%, unlimited levels.
TRADE AND INVEST with doing nothing. No hard selling, no hassle.
Register free here:
http://ow.ly/NwGa30ewwbx
www.coinxtrading.com , wwww.coinxtrading.biz,
COINX TRADING LTD
Coinx Trading - Marketing - Business Plan - Binary Compensation Plan ,Affiliate Marketing Plan
Coinx Trading - Marketing - Business Plan
Email: support@coinxtrading.com
How do you like to get paid everyday? How do you like to earn money by trading and investment? Earning is that easy. Earn everyday, over and over again with CoinX Trading.
Coinx Trading offering Bitcoin Trading opportunity with fixed daily returns.
Earn daily 0.4% to 1.5% per day.
With affiliated incomes,
Direct referral 10%, and
Binary income 10%, unlimited levels.
TRADE AND INVEST with doing nothing. No hard selling, no hassle.
Register free here:
http://ow.ly/NwGa30ewwbx
CoinX Trading Business Concept EnglishRomeo Abuhan
How do you like to get paid everyday? How do you like to earn money by trading and investment? Earning is that easy. Earn everyday, over and over again with CoinX Trading.
Coinx Trading offering Bitcoin Trading opportunity with fixed daily returns.
Earn daily 0.4% to 1.5% per day.
With affiliated incomes,
Direct referral 10%, and
Binary income 10%, unlimited levels.
TRADE AND INVEST with doing nothing. No hard selling, no hassle.
Register free here:
http://ow.ly/NwGa30ewwbx
www.coinxtrading.com , wwww.coinxtrading.biz,
COINX TRADING LTD
Coinx Trading - Marketing - Business Plan - Binary Compensation Plan ,Affiliate Marketing Plan
Coinx Trading - Marketing - Business Plan
Email: support@coinxtrading.com
Traditional form of money involves bank fees and is controlled by the government. Though this financial
oversight is necessary to enable secure transactions the complexity has risen manifold. Most of the time this
complexity turns away a great idea from becoming a reality. Moreover, according to Businessweek, half of
the world doesn’t own a bank account and are happy with that. This makes lending money even more
difficult. Consequently, addressing societal problem becomes time consuming and difficult. With the rise of
mobile and internet, a new form of currency known as crypto currency is presenting a new, democratic way
of leveraging the power and reach of internet and mobile to solve poverty and unemployment. This
academic research paper will analyze the power of crypto currency specifically the Bitcoins to solve current
social issues by the growing breed of radical social entrepreneurs known as Bitpreneurs.
The most epochal financial transaction of this century, to date, occurred on May 22, 2010. It did not involve Wall Street, or the City of London; it took place in Jacksonville, Florida.
How to make money with cryptocurrency in 2022.pdfNerajKumar2
How to make money with crypto,how to make money with cryptocurrency,how to earn from cryptocurrency,how to make money,how to make money daily with bitcoin
The future of cryptocurrency—some challenges
As we gaze into our crypto ball, let’s see what the future of cryptocurrency has in store for traders. With many experts estimating that the 2020 COVID-19 pandemic has hastened the decline of cash by almost five years, few are asking whether digital currencies will actually succeed (they have already). Instead, it’s a matter of when they’ll go mainstream. Nevertheless, there are some challenges ahead.
Perceptions
A significant generational divide exists when it comes to adoption rates of cryptocurrencies. Older generations are typically more sceptical of crypto’s long-term viability, expressing fears about volatile financial bubbles as well as uncertainty over how cryptocurrencies actually work.
Bitcoin as an Ethical Dilemma closing case (Question below article).pdfarjunhassan8
Bitcoin as an Ethical Dilemma closing case (Question below article)
Bitcoin is an open-source, peer-to-peer digital currency introduced to the world on January 3,
2009, by developer Satoshi Nakamoto. The cryptocurrency is based on a protocol and software
that allows instant peer-to-peer transactions and worldwide payments with minimal costs. In its
few years of existence, bitcoin has seen unprecedented media coverage, a rollercoaster ride of
epic spikes and epic plunges, and adopters from major retailers to lemon stands (e.g., Amazon,
Target, Victoria\'s Secret, and Whole Foods). Bitcoin has also been covered by numerous major
news organizations (e.g., ABC, CNBC, Forbes, Fox News, Reuters) as the most popular form of
virtual currency.
At the same time, ethical concerns exist with this new digital currency. The coupling of no
regulations, virtually free movement of value, and a Ponzi scheme–like system have led
renowned economist Paul Krugman to suggest that “bitcoin is evil.” At the basic level, Krugman
says that “to be successful, money must be both a medium of exchange and a reasonably stable
store of value.” He continues to say that “it remains completely unclear why bitcoin should be a
stable store of value.” Joining in the discussion, Charlie Stross, the British writer of science
fiction, says that “bitcoin looks like it was designed as a weapon intended to damage central
banking and money issuing banks, with a Libertarian political agenda in mind—to damage
states\' ability to collect tax and monitor their citizens\' financial transactions.”
What is the difference between bitcoin and normal currency, such as the U.S. dollar? Bitcoin is
an unregulated peer-to-peer digital currency that is not backed by any other commodity such as
gold or silver. Bitcoins exist almost entirely in the digital, online world, although some bitcoins
have actually been privately minted. The U.S. dollar, like many other stable currencies, are paper
or coin currency issued by a national reserve–type bank (in the United States, it is the Federal
Reserve Bank). This means that dollars are really Federal Reserve Notes that are printed or
minted at the U.S. Bureau of Engraving and Printing. The dollar is so-called fiat money, which
means that dollars derive their value from the U.S. government regulation or law. Interestingly,
the United States decided in 2014 that bitcoins will be taxed as property, not currency, for
International Revenue Services (IRS) purposes. The IRS defined bitcoin as a “convertible
currency that can be used as a medium of exchange, a unit of account, and/or a store of value.”
Technically, Bitcoin with a capitalized “B” refers to the technology and network associated with
the currency, while bitcoin with a lower case “b” refers to the actual currency. The philosophy
underlying the bitcoin is complete mistrust in authority or control—basically a perfectly
stateless, market-based approach, with no country or region-level bank intervention. It is .
This paper aims to provide a foundation for anyone looking to understand the potential of digital assets such as crypto currencies as a future asset class.
Bitcoin has become too big to fail. With interest in the digital payment network spanning from tech enthusiasts to individual retail traders, and now encompassing large institutional investment firms & most people agree the success of Bitcoin is inevitable. One doesn’t have to look very far to find massive support and adoption of the cryptocurrency.
This e-book is a comprehensive guide to crypto-quantum, the revolutionary technology that enables secure communication, data storage, and authentication. It provides an in-depth look at the cryptographic algorithms that make crypto-quantum secure, and how they can be used in a variety of applications. It also covers the basics of quantum computing and its implications for the future of cryptography. With the help of this e-book, you can gain the knowledge and skills to apply this emerging technology to your own projects.
INTRODUCTIONCryptocurrency is a scheme that has been taking a .docxnormanibarber20063
INTRODUCTION
Cryptocurrency is a scheme that has been taking a lot of strength since 2009 and has penetrated all spheres of world economies. For many specialists, these coins considered the new revolution of the money and for many others, something that has no relevance and they tend to disappear, which itself can secure in this essay is that we are living significant changes, where everything takes real virtual importance to the development of trade electronic.
Just seven years since its launch has become Bitcoin virtual currency more. Essential for all transactions of goods and services, or currency market network, currently moving figures close to 440 million dollars per hour (coinmarketcap). Being a decentralized currency has great advantages and its Once disadvantages that capture the eyes of governments and central banks, there is the possibility that this money may come to replace traditional currency for any virtual transaction in the exchange of goods and services refers thanks their low transaction costs.
It is a new virtual currency, which begins to circulate in 2009 created by the developer pseudonym, Satoshi Nakamoto, of course, Japanese origin. Little is known about this person or persons who developed the protocol Bitcoin, since not known with certainty source from which they come, indeed considered that it was a group of people called genii mathematicians to create a currency based on a scheme peer-to-peer electronic cash system with cryptographic security. It is indicating that operations are user to user without entities centralized controlling issue. Therefore, a limited amount of this is determined equivalent to 21 million by the year 2033 Bitcoin currency due to its high and sophisticated level mathematical. So much so that in 2015 this pseudonym "Satoshi Nakamoto" obtains " award
innovation without limits "Granted by the average English communication" The Economist "By the invention capable of altering the traditional financial system.
Bitcoin is a decentralized currency without any global government body that regulates and control issue, have planted the following questions why use one comes intensifying each day despite the restrictions and discourage exerted by governments and central banks? Why is it essential that central states regulate the use of this type of coins? Why is Bitcoin considered source of investment? In addition to that if they are free
market forces that determine price, why other factors influence it? They are questions analyzed and to respond in the course of this trial. For the Suddenly, if you can ensure that this type of virtual currencies have enormous potential and that is for some global economies they are already studying how to create their currencies virtual to allow free virtual trade without restrictions.
Such has been the rise of this currency in many countries have implemented ATMs to convert money to local currency Bitcoin. Countries such as Germany, the United States, and Switze.
How Is the Price of Bitcoins Set and how does it have value ever wondered.pdfcoingabbar
Demand and supply are two words that come to mind. When demand for bitcoins increases, the price rises, and when demand decreases, the price falls. As a result, Bitcoin's price reflects how much individuals are ready to pay for it at any particular time, depending on their expectations for...
The price of bitcoin is determined by two factors: demand and supply. When demand for bitcoins increases, the price rises, and when demand decreases, the price falls.Bitcoin's price reflects how much people are ready to pay for it at a given point in time based on their predictions for its future worth.It's the same as any other currency's price, whether fiat money or cryptocurrency.
Since Bitcoin is still young and its market capitalization is small compared to the fiat giants like the INR and US dollar or the euro, its price is still very volatile. It’s expected to become less volatile when the market matures. However, the fun part about it is no one knows when that will happen, as it may be in five, ten or twenty years into the future.
A cursory examination of the history of money demonstrates that it had worth as long as people agreed it did. Faith, in essence, is what makes money function. Bartering was employed initially until it got too cumbersome. They began trading goods for items like shells and pebbles, followed by diamonds and rare metals.
They were superseded in recent centuries by government-issued money, which is today the most generally acknowledged form of cash.Fungibility, scarcity, and uncounterfeitability have always been characteristics of money as it has evolved. Furthermore, individuals have discovered that using currencies that are easily portable, stable, and divisible is more convenient.
Recognizability: Bitcoin is being recognised and accepted by an increasing number of retailers and users.Many individuals identify Bitcoin from non-currency or other counterfeit money and are prepared to accept it as a form of payment, despite the fact that it is still far from the degree of popularity seen with fiat currencies.
Decentralization: Bitcoin is overseen by no single authority. No one can censor, manipulate, or modify the network or its transactions, unlike traditional money, therefore no one can take your money.
Accessibility: To possess or receive Bitcoins, you don't need a confirmed bank account. All you need is a basic understanding of computers and access to the internet. The accessibility of Bitcoin makes it ideal for underbanked places throughout the world.
Programmability: Unlike traditional money, Bitcoin also has a programmability component. It means that Bitcoin will be updated in the future and will have even more useful features like smart contracts, multi-sig transactions, and so on.
Stability is a safe haven for money. Bitcoin price stability is the one element that is currently needed. Bitcoin is treated more like a commodity, such as gold, because to its volatility.
www.coinxtrading.com , wwww.coinxtrading.biz,
COINX TRADING LTD
Coinx Trading - Marketing - Business Plan - Binary Compensation Plan ,Affiliate Marketing Plan
Coinx Trading - Marketing - Business Plan
Email: support@coinxtrading.com
How do you like to get paid everyday? How do you like to earn money by trading and investment? Earning is that easy. Earn everyday, over and over again with CoinX Trading.
Coinx Trading offering Bitcoin Trading opportunity with fixed daily returns.
Earn daily 0.4% to 1.5% per day.
With affiliated incomes,
Direct referral 10%, and
Binary income 10%, unlimited levels.
TRADE AND INVEST with doing nothing. No hard selling, no hassle.
Register free here:
http://ow.ly/NwGa30ewwbx
How do you like to get paid everyday? How do you like to earn money by trading and investment? Earning is that easy. Earn everyday, over and over again with CoinX Trading.
Coinx Trading offering Bitcoin Trading opportunity with fixed daily returns.
Earn daily 0.4% to 1.5% per day.
With affiliated incomes,
Direct referral 10%, and
Binary income 10%, unlimited levels.
TRADE AND INVEST with doing nothing. No hard selling, no hassle.
Register free here:
http://ow.ly/NwGa30ewwbx
Do you know that the price of a bitcoin started at $0.30? If you had put $100 into bitcoin in 2011, when it was still $0.30, you might have gotten 333 bitcoins. Interestingly, bitcoin's price fluctuates, but on November 10, 2021, it hit an all-time high of $68,990.90. After hearing several success stories of people who bought bitcoin early and eventually saw significant returns on their initial investment, I'm sure you'll agree with me that bitcoin is a viable headwind for achieving a remarkable financial gain in a short period.
Do you know that the price of a bitcoin started at $0.30? If you had put $100 into bitcoin in 2011, when it was still $0.30, you might have gotten 333 bitcoins. Interestingly, bitcoin's price fluctuates, but on November 10, 2021, it hit an all-time high of $68,990.90. After hearing several success stories of people who bought bitcoin early and eventually saw significant returns on their initial investment, I'm sure you'll agree with me that bitcoin is a viable headwind for achieving a remarkable financial gain in a short period.
The Coin Perspective can better comprehend the market cap potential of alternative coins according to The Coin Perspective. This is for you if you’ve ever wondered, “If coin X had the market cap of coin Y, what would it be worth?”
What is the next cryptocurrency to boom?
Calvaria (RIA) is a new cryptocurrency play that has the potential to soar in 2023. Reimagining Staking For Explosive Growth at Oryen Network. Exciting Meme Coin Project Pumping Since IEO: Tamadoge (TAMA). Metropoly – Crypto Presale with 5 Star Reviews and Expert Favorite.
What coin is most searched?
Global searches for bitcoin total more than 29 million each month. It has the highest market cap and is the most widely used coin.
A cryptocurrency is a type of digital currency that is created and controlled using sophisticated encryption methods, or cryptography. With the invention of Bitcoin in 2009, cryptocurrency made the transition from an intellectual concept to (virtual) reality.
While interest in Bitcoin grew over the years, it really came to the attention of investors and the media in April 2013, when it reached a record high of $266 per bitcoin after increasing by a factor of ten in just the previous two months.
At its height, Bitcoin’s market value exceeded $2 billion, but a 50% decline soon after triggered a heated discussion over the future of cryptocurrencies in general and Bitcoin in particular.
Will these alternative currencies eventually replace traditional ones and attain the same level of ubiquity as dollars and euros? Or are cryptocurrencies a short-lived trend that will soon fizzle out? Bitcoin contains the solution.
Future of Cryptocurrency
As institutional money joins the market, several economic analysts forecast a significant change in the crypto market. 3 There is also a chance that cryptocurrencies will be listed on the Nasdaq, which would lend blockchain and its potential applications as a substitute for traditional currencies even more credibility.
Some claim that a confirmed exchange traded fund is all that cryptocurrency needs (ETF). 5 There is little doubt that an ETF would make it simpler for people to invest in Bitcoin, but there still needs to be a demand for cryptocurrency investments, which may not be produced automatically by a fund.Future of Cryptocurrency
As institutional money joins the market, several economic analysts forecast a significant change in the crypto market. 3 There is also a chance that cryptocurrencies will be listed on the Nasdaq, which would lend blockchain and its potential applications as a substitute for traditional currencies even more credibility.
Some claim that a confirmed exchange traded fund is all that cryptocurrency needs (ETF). 5 There is little doubt that an ETF would make it simpler for people to invest in Bitcoin, but there still needs to be a demand for cryptocurrency investments, which may not be produced automatically by a fund.
Global Cryptocurrency Market Report by IbinexIbinex
Ibinex, a white label solution provider has come up with a comprehensive market research report on the cryptocurrency industry. This report majorly focuses on four sectors of cryptocurrency – exchanges, mining, wallets, and payments.
Across global economies, there are 180 currencies around the world. These currencies are recognized by the United Nations. As we all know the usecase of these currencies - buy goods and services. And despite volatility in the forex market due to many factors, the value of these currencies is subject to very little change on a day-to-day basis. A stablecoin is a cryptocurrency that is collateralized to the value of an underlying asset. In simple terms, stablecoin - in the form of digital money - aim to mimic traditional, stable currencies. Stablecoins were introduced to solve the volatility issue of the crypto market, that potentially holds the adoption of cryptocurrencies for everyday payment purpose. In this report, we will outline some important facts and interpret important data about stablecoins that emerged this year. This data quoted in this report is taken from Blockdata and other sources as noted below.
With many enterprises experimenting to find the suitable use of blockchain for their business, the promise of this Distributed Ledger Technology has swept the social impact world in the last 5 years. These innovators are new startups, ventures and initiatives that are digging deep into the rabbit hole
of blockchain. We term them as ‘organizations’ in this document. Stanford Graduate School of Business conducted a survey through phone interviews with C level executives at 110 organizations, to better understand the different ways through blockchain may be used for social impact. The findings were astonishing and we will further discuss about it in this document.
Traditional form of money involves bank fees and is controlled by the government. Though this financial
oversight is necessary to enable secure transactions the complexity has risen manifold. Most of the time this
complexity turns away a great idea from becoming a reality. Moreover, according to Businessweek, half of
the world doesn’t own a bank account and are happy with that. This makes lending money even more
difficult. Consequently, addressing societal problem becomes time consuming and difficult. With the rise of
mobile and internet, a new form of currency known as crypto currency is presenting a new, democratic way
of leveraging the power and reach of internet and mobile to solve poverty and unemployment. This
academic research paper will analyze the power of crypto currency specifically the Bitcoins to solve current
social issues by the growing breed of radical social entrepreneurs known as Bitpreneurs.
The most epochal financial transaction of this century, to date, occurred on May 22, 2010. It did not involve Wall Street, or the City of London; it took place in Jacksonville, Florida.
How to make money with cryptocurrency in 2022.pdfNerajKumar2
How to make money with crypto,how to make money with cryptocurrency,how to earn from cryptocurrency,how to make money,how to make money daily with bitcoin
The future of cryptocurrency—some challenges
As we gaze into our crypto ball, let’s see what the future of cryptocurrency has in store for traders. With many experts estimating that the 2020 COVID-19 pandemic has hastened the decline of cash by almost five years, few are asking whether digital currencies will actually succeed (they have already). Instead, it’s a matter of when they’ll go mainstream. Nevertheless, there are some challenges ahead.
Perceptions
A significant generational divide exists when it comes to adoption rates of cryptocurrencies. Older generations are typically more sceptical of crypto’s long-term viability, expressing fears about volatile financial bubbles as well as uncertainty over how cryptocurrencies actually work.
Bitcoin as an Ethical Dilemma closing case (Question below article).pdfarjunhassan8
Bitcoin as an Ethical Dilemma closing case (Question below article)
Bitcoin is an open-source, peer-to-peer digital currency introduced to the world on January 3,
2009, by developer Satoshi Nakamoto. The cryptocurrency is based on a protocol and software
that allows instant peer-to-peer transactions and worldwide payments with minimal costs. In its
few years of existence, bitcoin has seen unprecedented media coverage, a rollercoaster ride of
epic spikes and epic plunges, and adopters from major retailers to lemon stands (e.g., Amazon,
Target, Victoria\'s Secret, and Whole Foods). Bitcoin has also been covered by numerous major
news organizations (e.g., ABC, CNBC, Forbes, Fox News, Reuters) as the most popular form of
virtual currency.
At the same time, ethical concerns exist with this new digital currency. The coupling of no
regulations, virtually free movement of value, and a Ponzi scheme–like system have led
renowned economist Paul Krugman to suggest that “bitcoin is evil.” At the basic level, Krugman
says that “to be successful, money must be both a medium of exchange and a reasonably stable
store of value.” He continues to say that “it remains completely unclear why bitcoin should be a
stable store of value.” Joining in the discussion, Charlie Stross, the British writer of science
fiction, says that “bitcoin looks like it was designed as a weapon intended to damage central
banking and money issuing banks, with a Libertarian political agenda in mind—to damage
states\' ability to collect tax and monitor their citizens\' financial transactions.”
What is the difference between bitcoin and normal currency, such as the U.S. dollar? Bitcoin is
an unregulated peer-to-peer digital currency that is not backed by any other commodity such as
gold or silver. Bitcoins exist almost entirely in the digital, online world, although some bitcoins
have actually been privately minted. The U.S. dollar, like many other stable currencies, are paper
or coin currency issued by a national reserve–type bank (in the United States, it is the Federal
Reserve Bank). This means that dollars are really Federal Reserve Notes that are printed or
minted at the U.S. Bureau of Engraving and Printing. The dollar is so-called fiat money, which
means that dollars derive their value from the U.S. government regulation or law. Interestingly,
the United States decided in 2014 that bitcoins will be taxed as property, not currency, for
International Revenue Services (IRS) purposes. The IRS defined bitcoin as a “convertible
currency that can be used as a medium of exchange, a unit of account, and/or a store of value.”
Technically, Bitcoin with a capitalized “B” refers to the technology and network associated with
the currency, while bitcoin with a lower case “b” refers to the actual currency. The philosophy
underlying the bitcoin is complete mistrust in authority or control—basically a perfectly
stateless, market-based approach, with no country or region-level bank intervention. It is .
This paper aims to provide a foundation for anyone looking to understand the potential of digital assets such as crypto currencies as a future asset class.
Bitcoin has become too big to fail. With interest in the digital payment network spanning from tech enthusiasts to individual retail traders, and now encompassing large institutional investment firms & most people agree the success of Bitcoin is inevitable. One doesn’t have to look very far to find massive support and adoption of the cryptocurrency.
This e-book is a comprehensive guide to crypto-quantum, the revolutionary technology that enables secure communication, data storage, and authentication. It provides an in-depth look at the cryptographic algorithms that make crypto-quantum secure, and how they can be used in a variety of applications. It also covers the basics of quantum computing and its implications for the future of cryptography. With the help of this e-book, you can gain the knowledge and skills to apply this emerging technology to your own projects.
INTRODUCTIONCryptocurrency is a scheme that has been taking a .docxnormanibarber20063
INTRODUCTION
Cryptocurrency is a scheme that has been taking a lot of strength since 2009 and has penetrated all spheres of world economies. For many specialists, these coins considered the new revolution of the money and for many others, something that has no relevance and they tend to disappear, which itself can secure in this essay is that we are living significant changes, where everything takes real virtual importance to the development of trade electronic.
Just seven years since its launch has become Bitcoin virtual currency more. Essential for all transactions of goods and services, or currency market network, currently moving figures close to 440 million dollars per hour (coinmarketcap). Being a decentralized currency has great advantages and its Once disadvantages that capture the eyes of governments and central banks, there is the possibility that this money may come to replace traditional currency for any virtual transaction in the exchange of goods and services refers thanks their low transaction costs.
It is a new virtual currency, which begins to circulate in 2009 created by the developer pseudonym, Satoshi Nakamoto, of course, Japanese origin. Little is known about this person or persons who developed the protocol Bitcoin, since not known with certainty source from which they come, indeed considered that it was a group of people called genii mathematicians to create a currency based on a scheme peer-to-peer electronic cash system with cryptographic security. It is indicating that operations are user to user without entities centralized controlling issue. Therefore, a limited amount of this is determined equivalent to 21 million by the year 2033 Bitcoin currency due to its high and sophisticated level mathematical. So much so that in 2015 this pseudonym "Satoshi Nakamoto" obtains " award
innovation without limits "Granted by the average English communication" The Economist "By the invention capable of altering the traditional financial system.
Bitcoin is a decentralized currency without any global government body that regulates and control issue, have planted the following questions why use one comes intensifying each day despite the restrictions and discourage exerted by governments and central banks? Why is it essential that central states regulate the use of this type of coins? Why is Bitcoin considered source of investment? In addition to that if they are free
market forces that determine price, why other factors influence it? They are questions analyzed and to respond in the course of this trial. For the Suddenly, if you can ensure that this type of virtual currencies have enormous potential and that is for some global economies they are already studying how to create their currencies virtual to allow free virtual trade without restrictions.
Such has been the rise of this currency in many countries have implemented ATMs to convert money to local currency Bitcoin. Countries such as Germany, the United States, and Switze.
How Is the Price of Bitcoins Set and how does it have value ever wondered.pdfcoingabbar
Demand and supply are two words that come to mind. When demand for bitcoins increases, the price rises, and when demand decreases, the price falls. As a result, Bitcoin's price reflects how much individuals are ready to pay for it at any particular time, depending on their expectations for...
The price of bitcoin is determined by two factors: demand and supply. When demand for bitcoins increases, the price rises, and when demand decreases, the price falls.Bitcoin's price reflects how much people are ready to pay for it at a given point in time based on their predictions for its future worth.It's the same as any other currency's price, whether fiat money or cryptocurrency.
Since Bitcoin is still young and its market capitalization is small compared to the fiat giants like the INR and US dollar or the euro, its price is still very volatile. It’s expected to become less volatile when the market matures. However, the fun part about it is no one knows when that will happen, as it may be in five, ten or twenty years into the future.
A cursory examination of the history of money demonstrates that it had worth as long as people agreed it did. Faith, in essence, is what makes money function. Bartering was employed initially until it got too cumbersome. They began trading goods for items like shells and pebbles, followed by diamonds and rare metals.
They were superseded in recent centuries by government-issued money, which is today the most generally acknowledged form of cash.Fungibility, scarcity, and uncounterfeitability have always been characteristics of money as it has evolved. Furthermore, individuals have discovered that using currencies that are easily portable, stable, and divisible is more convenient.
Recognizability: Bitcoin is being recognised and accepted by an increasing number of retailers and users.Many individuals identify Bitcoin from non-currency or other counterfeit money and are prepared to accept it as a form of payment, despite the fact that it is still far from the degree of popularity seen with fiat currencies.
Decentralization: Bitcoin is overseen by no single authority. No one can censor, manipulate, or modify the network or its transactions, unlike traditional money, therefore no one can take your money.
Accessibility: To possess or receive Bitcoins, you don't need a confirmed bank account. All you need is a basic understanding of computers and access to the internet. The accessibility of Bitcoin makes it ideal for underbanked places throughout the world.
Programmability: Unlike traditional money, Bitcoin also has a programmability component. It means that Bitcoin will be updated in the future and will have even more useful features like smart contracts, multi-sig transactions, and so on.
Stability is a safe haven for money. Bitcoin price stability is the one element that is currently needed. Bitcoin is treated more like a commodity, such as gold, because to its volatility.
www.coinxtrading.com , wwww.coinxtrading.biz,
COINX TRADING LTD
Coinx Trading - Marketing - Business Plan - Binary Compensation Plan ,Affiliate Marketing Plan
Coinx Trading - Marketing - Business Plan
Email: support@coinxtrading.com
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How do you like to get paid everyday? How do you like to earn money by trading and investment? Earning is that easy. Earn everyday, over and over again with CoinX Trading.
Coinx Trading offering Bitcoin Trading opportunity with fixed daily returns.
Earn daily 0.4% to 1.5% per day.
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Do you know that the price of a bitcoin started at $0.30? If you had put $100 into bitcoin in 2011, when it was still $0.30, you might have gotten 333 bitcoins. Interestingly, bitcoin's price fluctuates, but on November 10, 2021, it hit an all-time high of $68,990.90. After hearing several success stories of people who bought bitcoin early and eventually saw significant returns on their initial investment, I'm sure you'll agree with me that bitcoin is a viable headwind for achieving a remarkable financial gain in a short period.
Do you know that the price of a bitcoin started at $0.30? If you had put $100 into bitcoin in 2011, when it was still $0.30, you might have gotten 333 bitcoins. Interestingly, bitcoin's price fluctuates, but on November 10, 2021, it hit an all-time high of $68,990.90. After hearing several success stories of people who bought bitcoin early and eventually saw significant returns on their initial investment, I'm sure you'll agree with me that bitcoin is a viable headwind for achieving a remarkable financial gain in a short period.
The Coin Perspective can better comprehend the market cap potential of alternative coins according to The Coin Perspective. This is for you if you’ve ever wondered, “If coin X had the market cap of coin Y, what would it be worth?”
What is the next cryptocurrency to boom?
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What coin is most searched?
Global searches for bitcoin total more than 29 million each month. It has the highest market cap and is the most widely used coin.
A cryptocurrency is a type of digital currency that is created and controlled using sophisticated encryption methods, or cryptography. With the invention of Bitcoin in 2009, cryptocurrency made the transition from an intellectual concept to (virtual) reality.
While interest in Bitcoin grew over the years, it really came to the attention of investors and the media in April 2013, when it reached a record high of $266 per bitcoin after increasing by a factor of ten in just the previous two months.
At its height, Bitcoin’s market value exceeded $2 billion, but a 50% decline soon after triggered a heated discussion over the future of cryptocurrencies in general and Bitcoin in particular.
Will these alternative currencies eventually replace traditional ones and attain the same level of ubiquity as dollars and euros? Or are cryptocurrencies a short-lived trend that will soon fizzle out? Bitcoin contains the solution.
Future of Cryptocurrency
As institutional money joins the market, several economic analysts forecast a significant change in the crypto market. 3 There is also a chance that cryptocurrencies will be listed on the Nasdaq, which would lend blockchain and its potential applications as a substitute for traditional currencies even more credibility.
Some claim that a confirmed exchange traded fund is all that cryptocurrency needs (ETF). 5 There is little doubt that an ETF would make it simpler for people to invest in Bitcoin, but there still needs to be a demand for cryptocurrency investments, which may not be produced automatically by a fund.Future of Cryptocurrency
As institutional money joins the market, several economic analysts forecast a significant change in the crypto market. 3 There is also a chance that cryptocurrencies will be listed on the Nasdaq, which would lend blockchain and its potential applications as a substitute for traditional currencies even more credibility.
Some claim that a confirmed exchange traded fund is all that cryptocurrency needs (ETF). 5 There is little doubt that an ETF would make it simpler for people to invest in Bitcoin, but there still needs to be a demand for cryptocurrency investments, which may not be produced automatically by a fund.
Global Cryptocurrency Market Report by IbinexIbinex
Ibinex, a white label solution provider has come up with a comprehensive market research report on the cryptocurrency industry. This report majorly focuses on four sectors of cryptocurrency – exchanges, mining, wallets, and payments.
Across global economies, there are 180 currencies around the world. These currencies are recognized by the United Nations. As we all know the usecase of these currencies - buy goods and services. And despite volatility in the forex market due to many factors, the value of these currencies is subject to very little change on a day-to-day basis. A stablecoin is a cryptocurrency that is collateralized to the value of an underlying asset. In simple terms, stablecoin - in the form of digital money - aim to mimic traditional, stable currencies. Stablecoins were introduced to solve the volatility issue of the crypto market, that potentially holds the adoption of cryptocurrencies for everyday payment purpose. In this report, we will outline some important facts and interpret important data about stablecoins that emerged this year. This data quoted in this report is taken from Blockdata and other sources as noted below.
With many enterprises experimenting to find the suitable use of blockchain for their business, the promise of this Distributed Ledger Technology has swept the social impact world in the last 5 years. These innovators are new startups, ventures and initiatives that are digging deep into the rabbit hole
of blockchain. We term them as ‘organizations’ in this document. Stanford Graduate School of Business conducted a survey through phone interviews with C level executives at 110 organizations, to better understand the different ways through blockchain may be used for social impact. The findings were astonishing and we will further discuss about it in this document.
As a recent example from Switzerland, a tighten regulatory corset was imposed on the financial market players due to financial crisis in the country. Hence we can witness a structural fundamental change in the country due to parallel digitalisation and accelerated competetion in the new technologies. This has led to an explosion of opportunities in the small business sectors. Amongst other factors, Distributed Ledger Technologies (DLT), which enable new forms of digital transactions, offer a large potential for new business opportunities.
To provide a better understanding of trader's & user's taste and preferences, a survey was conducted in mid-2019 on more than 800 crypto traders including Chinese. Traders from 75 different countries participated in the survey. This report is based on the data collected by BDCENTER DIGITAL and concludes the interpretation of information obtained. In this report, we will only focus on some key points related to general activity, trading strategies of traders and most preferred crypto assets.
Blockchain technology will make only a little difference until the value and information represented on this technology ultimately move between parties for the purpose of commerce or *real utility*. True blockchain solutions need to be implemented by big commercial houses, for the 'mass adoption' to occur. Implementation of blockchain only to a limited degree won't make any difference in the world. We must need to understand the common issues faced by crypto holders in order to address this 'adoption' problem. The data provided in this report is taken from a 3 months long(Dec 2018 - Feb 2019) survey conducted by FIO - the Foundation for Interwallet Operability. Over 200 crypto holders actively participated in this survey.
Blockchain technology is here for 10 years and thee full potential of blockchain is yet to be unlocked, although in 2019, what has emerged is a shared recognition from institutions that blockchain in real and this technology can serve enterprise level solution and can also address a wide variety of business problems. Non-tech leaders have also come to witness the
transformational potential of the technology.
Developments in the blockchain space are happening at a rapid pace and we can witness institutions and companies exploring blockchain use-cases, recognizing their absolute grounds in the blockchain (networks), architecting protocols and reaching out to parties (potential partners) to convince them of co-founding or joining the proposed network. However, there are some shortfalls in their approach that has been a major reason behind the slower-adoption rate of blockchain technologies. An enterprise level value-creating DLT network can only happen if companies and government can work together to revisit their current approach. In this document, we will try to outline a policy approach that might help eliminate key obstacles for network formation.
A survey conducted by Glassdoor in August 2018 found an exponential growth in demand from employers searching for talent especially in the crypto field. The growth in demand for talent is not directly proportional to the price of bitcoin or the overall market sentiment. The survey reported that demand for blockchain jobs rose as nearly as 300% and there were 1,775 blockchain-related job openings in the U.S alone. It was also found that these jobs offer more salaries higher than any other field. And despite regulatory uncertainty, companies are rapidly investing in hiring for roles related to bitcoin and blockchain.
Bitcoin introduced the concept of Blockchain technology, the first digital currency ever created in 2008. The interesting fact about blockchain technology lies in its use of p2p network that runs with the help of cryptography. Blockchain enables trustless transactions i.e, people who do not know each other can now exchange something (currency, services etc) without the interference of a central authority such as Bank or Payment processing network. By eliminating the central authorities and harnessing the potential of peer-to-peer networks, this new technology is providing several opportunities such as : Low transaction fees, Fast settlements etc.
Blockchain is being used by several institutions to issue bonds and other debt products. Institutions use DLT primarily for structuring, issuance and asset transfer. The bond-i, issued by the World Bank in partnership with Commonwealth Bank of Australia (ABC's) Digital Innovation Lab 5, used blockchain technology, and hence was the world's first publicly offered blockchain bond. The bond was issued to replace registry, issuing, clearing and custodian processes with smart contract automation on a private version of the Ethereum blockchain.
Insurers are exploring the blockchain as they see vast potential in this new technology, most common research topics being : travel insurance and crop insurance. With crop insurance : If the bad weather causes any damage to the crops then a smart contract can confirm the loss using weather data and pay claims automatically. Similarly, in case of travel insurance, if the flights gets cancelled by the airline due to a covered reason, then a smart contract built using blockchain technology could automatically enact payment to those with insurance.
Blockchain-based systems have the potential to transform the advertising supply chain through its unique properties. Blockchain can improve efficiency, and trust and to some extent, privacy across the advertising industry. Trust is the initial area of focus for blockchain and many use cases inside and outside of advertising consist of replacing bodies like institutions, firms and even jobs to build trust. Traditionally trust is created through reputation, experience and achieving scale. But there is a difference with blockchain i.e, it doesn't rely on reputation, experience or credentials but blockchain delivers security, transparency and immutability inherently.
The report Blockchain 101 brings together some general ‘descriptions’ of simple and widely used terms in the industry especially related to ‘Blockchain’ or ‘Distributed Ledger Technologies’. It provides an explanatory approach to simple terms that are easy to understand, painting a clear picture of a typical DLT function structure and operations of consensuses.
For years now, the financial services industry has been undergoing dramatic changes and since the inception of Bitcoin in 2009, this new blockchain technology has expanded its reach to a broad mainstream audience. With the financial crisis around a decade ago being the major impulse, we have seen increasing regulatory activity, declining interest rates etc and since there is a substantial advancement in disruptive technologies, we can see a shift in clients, investors needs as these tech savvy investors are constantly looking to diversify their portfolios.
There has been an introduction of a wide range of technologies, terming themselves as Blockchains today, making the definition of Blockchain difficult. Cryptocurrency’s blockchains are different from private commercial applications, for example, blockchains developed by the Linux Foundation, IBM etc. Irrespective of the said differences, these technologies share several important characteristics that make a working definition.
The financial applications of Blockchain technology range from cryptocurrencies and ICOs to payment systems and financial instruments. We can see ICOs becoming the new IPOs for businesses and startups. Blockchain enables the businesses to lower costs by simplifying the processes highlighted in this research.
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The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Seminar: Gender Board Diversity through Ownership NetworksGRAPE
Seminar on gender diversity spillovers through ownership networks at FAME|GRAPE. Presenting novel research. Studies in economics and management using econometrics methods.
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
Abhay Bhutada Leads Poonawalla Fincorp To Record Low NPA And Unprecedented Gr...Vighnesh Shashtri
Under the leadership of Abhay Bhutada, Poonawalla Fincorp has achieved record-low Non-Performing Assets (NPA) and witnessed unprecedented growth. Bhutada's strategic vision and effective management have significantly enhanced the company's financial health, showcasing a robust performance in the financial sector. This achievement underscores the company's resilience and ability to thrive in a competitive market, setting a new benchmark for operational excellence in the industry.
how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
What website can I sell pi coins securely.DOT TECH
Currently there are no website or exchange that allow buying or selling of pi coins..
But you can still easily sell pi coins, by reselling it to exchanges/crypto whales interested in holding thousands of pi coins before the mainnet launch.
Who is a pi merchant?
A pi merchant is someone who buys pi coins from miners and resell to these crypto whales and holders of pi..
This is because pi network is not doing any pre-sale. The only way exchanges can get pi is by buying from miners and pi merchants stands in between the miners and the exchanges.
How can I sell my pi coins?
Selling pi coins is really easy, but first you need to migrate to mainnet wallet before you can do that. I will leave the telegram contact of my personal pi merchant to trade with.
Tele-gram.
@Pi_vendor_247
1. T H E D I G I T A L
G O L D : B I T C O I N
N O V . 2 0 1 9
B L A C K C H A I N .
G U R U
2. Bitcoin was introduced in 2009 and this small experiment has a current market
capitalization of 134 Billion U.S Dollars. Bitcoin created a new asset class and is
currently leading it with a price of $7,415, as of writing this. This technology has the
potential to revolutionize many aspects of our lives.
The world we live today is digital and traditionally gold already has played a central
role in economics driven by physical exchange. As we dig deeper to this rabbit hole of
'everything digital', the process of exchanging value is also going to transition into a
'non physical solution' and Bitcoin has a potential to play a big role into this
transition process. As in the early days, storing, processing and sharing information
was radically transformed by the computer and the internet, Bitcoin is playing a
similar role by enhancing the ways which we can store, process and exchange value.
Bitcoin is marching towards being an ultimate store-of-value asset, that may replace
traditional payment systems and valuable assets like Gold too.
G O L D , I N T E R N E T &
B I T C O I N
B L A C K C H A I N .
G U R U
3. Money is a medium of exchange, it allows people to obtain what they
need to live. The concept of money was introduced by ancient
philosophers, politicians, or economists to tackle the cons of the ancient
bartering system. But money is much more than an idea cleverly
conceived by the powerful bodies of ancient times. We must first focus
on the true meaning of money, and why the physical gold has taken the
form of money for millennia and how will Bitcoin will be an ultimate
store-of-value asset that may replace fiat money and gold altogether.
Unlike today, trade has been used as a way for the people of ancient
civilization to take care of their daily basic human needs. A popular
region, Mesopotamia was known for its trade based system. People in
Mesopotamia used trade for survival as the region had an abundance of
natural resources. Mesopotamia is the region that placed the early bricks
of sophisticated monetary systems in other regions. The proliferation of
trade encouraged development and expansion of early economies and it
also challenged traditional trade channels such as barter markets, that
were not efficient.
Below is an example that outlines the factors that ignited this transition.
a) Conceptual example of trade system, with a common currency
This figure on the next page shows a pure barter market having 4
participants : A vegetable farmer, a livestock producer, a spice trader and
a silk trader. There is constraints in liquidity that is causing inherent
frictions in the market.
B L A C K C H A I N .
G U R U
W H A T I S
M O N E Y ?
Money is
much
more
than an
idea
cleverly
conceived
by
ancient
philosoph
ers,
politician
s, or
economis
ts
4. The livestock producer may want to have vegetables in exchange for
livestock, but on the other hand the vegetable farmer may not know the
best use of livestock or may not have access to trading partners. It will be
harder for the vegetable farmer to convert livestock into a useful asset
through trade. With insufficient knowledge about the market, both of
these parties find themselves in a difficult situation, evidencing friction in
the barter system.
B L A C K C H A I N .
G U R U
B A R T E R
M A R K E T
any form of
money that
gains
acceptance
has value
because:
• It promotes
market
efficiency
and
economic
growth
• as a
mechanism
for spending,
saving, or
both
• in ways that
existing
forms of
money
cannot
Livestock
Producer
Vegetable
Farmer
Silk
Trader
Spice
Trader
5. Livestock
Producer
Vegetable
Farmer
Silk
Trader
Spice
Trader
Money market with increased efficiency
This figure outlines the benefits of trading with common currency such as
gold, eventually improving the barter system and increasing efficiency.
The vegetable farmer can now do the same exchange with gold. The
livestock producer gets the vegetables and in exchange gives gold to the
farmer. The liquidity in the market is now increased as now the majority of
traders (or producers) now accept gold, this helps the farmer to redeploy
bars or coins as payments for assets.
The two examples above portray the characteristic of money as it is.
Money in any form, if accepted by everybody, gains value. This form now
promotes efficient in the exchange market and also encourages
economic growth. Money works as a mechanism for spending, saving or
both.
B L A C K C H A I N .
G U R U
B A R T E R
M A R K E T
6. Gold has played a central role in economics driven by physical exchange,
we have already entered a digital phase, thanks to the internet.
Digitalisation serves several benefits, resulting in ease-of-living.
Digitalisation is helping several industries evolve, including our monetary
and payment systems. Bitcoin is said to be the digital gold of the 21st
century and threatens to displace gold as the ultimate monetary asset.
Gold has all the qualities that made it qualify for use traditionally. But now
bitcoin possess a superior composition of "good money" qualities made
for a digital global economy.
B L A C K C H A I N .
G U R U
B I T C O I N
B E T T E R
bitcoin
possess
a
superior
composi
tion of
"good
money"
qualities
made
for a
digital
global
econom
y.
Bitcoin is better than gold
D i v i s i b i l i t y
A bitcoin can be divided down to 8 decimal places. Therefore, 0.00000001 BTC is the smallest
amount that can be handled in a transaction. The smallest possible unit, a 'satoshi', represents
0.00000001 of a single Bitcoin. As of December 7th 2019, the current price of Bitcoin is $7537,
this means 1 satoshi equals $0.00007537. This divisible nature of Bitcoin enables it to be used for
micro-payments purposes and financing in ways that other forms of money cannot. With
lightning network, users can even send $0.01 and pay the transaction fees in fractions of a cent.
S c a r c i t y
Bitcoin and gold share the same characteristic that makes then viable and valuable i.e, scarcity.
The total supply of bitcoin is limited to 21 million coins. This means that there will never be more
than 21 million coins in the market. It is estimated that it will take 121 years for bitcoin to reach 21
million coins being circulated in the market. At the time of writing this, approximately 18.087
million bitcoins have been issued and is now in circulation.
P o r t a b i l i t y
This is where Bitcoin stands out. Bitcoin is said to be the digital gold because it's far more
portable than gold. All we need is an internet and a device (pc or smartphone) to be able to
make a transaction using bitcoin. Bitcoin knows no geographical boundaries or restrictions and
this unique feature allows users to send bitcoins quickly and securely, to and from anywhere in
the world, in any amount, at low costs. Statista reported that the current number of global
mobile phone users are 4.7 billion (may 2019). And so this means that 4.7 billion users are the
potential user of bitcoin as they can already carry, send or receive bitcoins.
7. B L A C K C H A I N .
G U R U
B I T C O I N
B E T T E R
Bitcoin is better than gold
V e r i f i a b i l i t y
Bitcoins are unique cryptographic assets that are directly verifiable on the blockchain, in real-
time, from anywhere in the world as it just takes a smartphone and an internet connection to do
it
F u n g i b i l i t y
Fungibility, put simply, is the idea that every item in a set is worth exactly the same amount.
In bitcoin, fungibility means that all bitcoins have the same value, regardless of who owns them
or what their history is – and fungibility is extremely important to the success of a decentralized
network.
R e c o g n i z a b i l i t y
In the United States, Bitcoin is classified as a commodity by the CFTC, as a non security by the
SEC and as property by the IRS. Giants like Microsoft, PayPal, Shopify, Expedia, Dish, Overstock
now accept bitcoin.
D u r a b i l i t y
Open-source nature of applications and technologies alike is the future. An open-source network
maintained by a global base of users, is where bitcoin resides. With open-source nature and
shared incentive program designed in the DNA of this technology, bitcoin's network has been
incredibly durable to threats, eliminating single points of failure.
8. B L A C K C H A I N .
G U R U
B I T C O I N
B E T T E R
Bitcoin vs Gold
W h y N o w ?
We have been comparing bitcoin to gold and vice versa. As bitcoin currently stands with a
market capitalization of 138 U.S Billion Dollars, what if Bitcoin takes even a quarter of the store-
of-value market held by gold? Maybe its only a tiny fraction of the market it stands to disrupt,
i.e, trillions of dollars. But what if unstable nations that are oppressed by hyperinflation starts to
recognize bitcoin as a currency? Bitcoin has the unique feature of divisibility, what if it
becomes the #1 currency used for mobile payments?
Bitcoin, as a new asset class is driving global economic growth in new ways. As discussed earlier
that how bitcoin has similar qualities as gold and is the new store-of-value asset, this new asset
also provides inflation protection. Below are the top 3 reasons why people should be exposed to
this new asset:
1.
9. B L A C K C H A I N .
G U R U
W H Y N O W ?
Bitcoin and the major
markets
W h a t i f B i t c o i n p e n e t r a t e s j u s t 1 0 % o f t h e
m a j o r m a r k e t s ?
Global Debt: $1,161,905; Global Stocks: $371,940; Global Majors Money Supply (M2):
$346,247; Global Debt with Negative Yields: $48,292; Offshore Wealth: $47,619; All
Physical Gold:$36,667; U.S Pension Funds in Alternatives: $36,190; ECB's Balance Sheet:
$25,091; Fed's Balance Sheet: $18,554; Gold Held for Investment: $15,714; FAANNG
Stocks: $15,327; Mobile Payments Stocks: $5,493
Hypothetical example of Bitcoin price:
I N U S D B I L L I O N S
10. $48
Trillion
Greatest
Generation
(87<)
Silent
Generation
(70-87) Baby Boomers
(51-69)
Generation X
& Millenials
(<51)
3. Over 100,000 merchants including Microsoft, Expedia, PayPal, Shopify now accept
bitcoin. Merchants and other participants trust the network because Bitcoin can be
sent securely across borders, in any amount, at low costs, as seamlessly as a text
message, and most importantly - without the need of a central authority or a third
party. It is said that a financial system is growing when the participants increase and
hence results in massive liquidity pool. The number of active wallet addresses on the
Bitcoin network continues to grow - a key sign of a vibrant and growing financial
ecosystem. Institutions are also participants in this new asset class.
B L A C K C H A I N .
G U R U
W H Y N O W ?
Bitcoin vs Gold
2. In the last 25 years, approximately $68 trillion worth of generational wealth has
been exchanged and investment dollars may step into uncorrelated assets such as
Bitcoin. Millennials - the majority of which haven't hit their prime earning years - are
more likely to own, exchange bitcoin - a survey by Blockchain Capital. Bitcoin has also
been on the books of the majority of the millennials.
Demographics of generational wealth
11. Blockchain.info, TradeBlock, inc.
BBC News, December 2013
World Gold Council. March 2019. Includes physical gold holdings by investors and central banks
($2.9 trillion) and an additional $400 billion in open interest through derivatives traded on
exchanges or over-the-counter
Statista. https://www.statista.com/statistics/274774/forecast-of-mobile-phone-users-worldwide/.
May 19, 2019.
Wikipedia.org. Legality of Bitcoin by Country
https://en.wikipedia.org/wiki/Legality_of_bitcoin_by_country_or_territory. March 31, 2019.
Testimony of CFTC Chairman Timothy Massad before the U.S. Senate Committee on Agriculture,
Nutrition and Forestry (Dec. 10, 2014).
http://www.cftc.gov/PressRoom/SpeechesTestimony/opamassad-6. March 31, 2019.
Hearing of SEC Chairman Jay Clayton before the U.S. House Appropriations Committee (Apr. 26,
2018). https://appropriations. house.gov/calendar/eventsingle.aspx?EventID=395258. March 31, 2019.
IRS Notice 2014-21, https://www.irs.gov/pub/irs-drop/n-14-21.pdf. March 31, 2019.
Blockchain Capital. https://www.survey.blockchain.capital/. Fall 2017. This survey of over 2,000
adults was conducted online within the United States by Harris Poll on behalf of Blockchain
Capital from October 18-20, 2017 among 2,112 U.S. adults, ages 18 and older.
“The Great Wealth Transfer.” U.S. High-Net-Worth and Ultra-High-Net-Worth Markets 2018: Shifting
Demographics of Private Wealth. November 29, 2018.
B L A C K C H A I N .
G U R U
R E F E R E N C E S