Topic: The Future of Cryptocurrency - page 24. (Read 2291 times)
Electronic money is very futuristic, it is like the lives of some people
the good news is, of course, this is becoming an advancement in the world of cryptocurrency, Cryptocurrency will transform into human resources in the future, and being interesting of course
It a good new to the ecosystem which is the cryptocurrency world entirely but at the same time bad news for bitcoin and other already established crypto coins and at the same time a dive away from the decentralized theory of crypto currency which is the freedom from a third party involvement. So it all a bad news.
crypto currency is developing it means ous future is also developing.
Seoul Mayor Plans to Unveil Better Self Crypto for Stratup Blockchain.
Park Woon-soon has announced that South Korea will launch its own crypto and create a better environment for startup companies Blockchain and cryptocurrency in the country. He wants to form a blockchain that is oriented like a startup industry and focuses on developing Seoul's cryptocurrency, 'S coin'.
One of the reasons for the development of 'S coin' is to improve the transparency of governance that exists there. Although the Korean government initially applied very strict rules against cryptocurrency.
what do you think about this? is this good news about the development of cryptocurrency in the future?
Park Woon-soon has announced that South Korea will launch its own crypto and create a better environment for startup companies Blockchain and cryptocurrency in the country. He wants to form a blockchain that is oriented like a startup industry and focuses on developing Seoul's cryptocurrency, 'S coin'.
One of the reasons for the development of 'S coin' is to improve the transparency of governance that exists there. Although the Korean government initially applied very strict rules against cryptocurrency.
what do you think about this? is this good news about the development of cryptocurrency in the future?
This is a good news indeed. But I am thinking what is the need of a Seoul crypto? Maybe they only need a blockchain because it is very very useful. If Seoul successfully implemented blockchain technology then the other cities and governments will follow. We already know how well advance in technology Korea is and the others will surely do not want to be left behind.
I think this is a good first step for crypto, and a natural evolution of governments and eventually corporations trying to control the technology. Same thing happened with the internet when these companies created "Intranets" like aol. Open permission less blockchains will be the successful ones in the future.so if all countries launch their own crypto then it is not impossible if crypto will become world currency.But I consider it important to understand not just whether it is the future, but how it will be used, because it's not a bubble and its value is going to increase eventually willing or not.
cryiptocurrency will have a bright future. if we see in a few months people who join and invest from the world continues to grow the more can not be in the dam again.
even some countries have joined and received cryiptocurrency in the country.
even some countries have joined and received cryiptocurrency in the country.
this will make it easier to exchange currency values
my opinion for cryptocurrency in the future will be more advanced because if we travel to a country that has its own crypto currency we are not difficult in exchanging money for the purposes there
so if all countries launch their own crypto then it is not impossible if crypto will become world currency.
my opinion for cryptocurrency in the future will be more advanced because if we travel to a country that has its own crypto currency we are not difficult in exchanging money for the purposes there
so if all countries launch their own crypto then it is not impossible if crypto will become world currency.
my opinion for cryptocurrency in the future will be more advanced because if we travel to a country that has its own crypto currency we are not difficult in exchanging money for the purposes there so if all countries launch their own crypto then it is not impossible if crypto will become world currency
Criptocurrency has a bright future. There are lot Criptocurrency on online market place. Lot of people are using it. Criptocurrency is good currency better than paper currency. it's transaction is fast and more secure. you can invest Criptocurrency. it's more profitable. I think, in future, everyone shall using Criptocurrency. every country will be accepting Criptocurrency and its Shall use many ways.
I can't be sure the future happens with the virtual currency because it has a lot going on with all of this.
Cryptocurrency and blockchain technology are here to stay. That’s the future. Instead, the concern we should have is how blockchain technology might be used maliciously in this future. I am pro-cryptocurrency personally. But I consider it important to understand not just whether it is the future, but how it will be used, because it's not a bubble and its value is going to increase eventually willing or not.
To a country that initially despises cryptocyrrencies yo the point that they even banned the use of bitcoin in their territory, this is a good sign. The ongoing trend and rise of interest towards bitcoin is something that huge countries are now seizing since the economic growth cryptocurrencies could offer to a country is very considerable. This just goes to show how cryptocurrency would be a huge constituent to successes in the future. 
On this issue, I really liked the quotes from the interview of American venture capital investor and founder of the firm now known as Draper Fisher Jurvetson (DJF) - Tim Draper:
«There’s a major revolution taking place that is now allowing for a better currency — one that is more secure, that is decentralized, that is more effective, more useful. It’s global. It’s open to everyone. It banks the unbanked. It allows people to send their money to their families in the Philippines or in Mexico without any big friction. It is a far better currency than the fiat currency.»
«Right now, your banks are being attacked all the time. The hackers are poking holes in your banks and going after your fiat money and the bankers are pounding away trying to keep the hacks away but they’re getting hacked all the time. No one has ever hacked the Bitcoin blockchain. It is the most secure place to put your money. So as a store of value it is a great place to be.»
«If you’re in Argentina or Venezuela or Nigeria you know that your currency is going to fall 30 percent every year, because, I mean, those countries tend to implode about every year. And people lose their fortune. Well, if part of your fortune is put into bitcoin, you’re not going to lose your fortune»
«There are many many reasons [and] many many uses. […] This is going to be a major change in the future of the world. It’s a major breakthrough and I can’t wait for us to be sort of one world with our currencies as opposed to having it tied to some political influence or another, or some government just decides to inflate or decides that they’re just going to take a bunch of currency. This is a great opportunity for the people to run their businesses unfettered by political whims.»
Source: http://bitcoinist.com/tim-draper-bitcoin-is-the-most-secure-place-to-put-your-money/
The news itself is a good sign for the cryptocurrency industry's global acceptance. Right now even countries make their own version of cryptocurrency to compensate for the ongoing massive trend and interest towards bitcoin abd cryptocurrency. This will be a great stepping stone towards global reach of bitcoin as even South Korea, a country initially in the negative when it comes to cryptocurrency, begin embracing and now making their own virtual coin. «There’s a major revolution taking place that is now allowing for a better currency — one that is more secure, that is decentralized, that is more effective, more useful. It’s global. It’s open to everyone. It banks the unbanked. It allows people to send their money to their families in the Philippines or in Mexico without any big friction. It is a far better currency than the fiat currency.»
«Right now, your banks are being attacked all the time. The hackers are poking holes in your banks and going after your fiat money and the bankers are pounding away trying to keep the hacks away but they’re getting hacked all the time. No one has ever hacked the Bitcoin blockchain. It is the most secure place to put your money. So as a store of value it is a great place to be.»
«If you’re in Argentina or Venezuela or Nigeria you know that your currency is going to fall 30 percent every year, because, I mean, those countries tend to implode about every year. And people lose their fortune. Well, if part of your fortune is put into bitcoin, you’re not going to lose your fortune»
«There are many many reasons [and] many many uses. […] This is going to be a major change in the future of the world. It’s a major breakthrough and I can’t wait for us to be sort of one world with our currencies as opposed to having it tied to some political influence or another, or some government just decides to inflate or decides that they’re just going to take a bunch of currency. This is a great opportunity for the people to run their businesses unfettered by political whims.»
Source: http://bitcoinist.com/tim-draper-bitcoin-is-the-most-secure-place-to-put-your-money/
the future of Bitcoin is very bright
Yeah i feel this is a good move for the cryptoworld .if it'll keep on expanding like the same way untill 2030 there will be huge difference in the cryptoworld and i hope it would be much better .
Cryptocurrency and blockchain technology are here to stay. That’s the future. Instead, the concern we should have is how blockchain technology might be used maliciously in this future. I am pro-cryptocurrency personally. But I consider it important to understand not just whether it is the future, but how it will be used, because it's not a bubble and its value is going to increase eventually willing or not.
Another plus in favor of the crypto currency was the news that MUFG Bank to test own digital currency.
NHK has learned that the banking unit of Mitsubishi UFJ Financial Group plans to carry out a large-scale trial of its own digital currency.
The bank plans to conduct the test of what they call MUFG Coin as early as next year in limited areas of Japan. The trial is expected to involve around 100,000 MUFG Bank account holders who apply to take part.
The participants will install an app on their smartphones that converts their deposits into the digital currency. One MUFG coin will be worth 1 yen.
They will be able to use the currency to make payments at places like restaurants, convenience stores and other shops. They can also transfer the currency to the accounts of other participants.
The bank officials will check to see if the settlements are carried out smoothly and in a secure way. For the future, they're considering tie-ups with a wide range of businesses to offer services based on the currency.
Source: https://www3.nhk.or.jp/nhkworld/en/news/20180515_25/
I think cryptocurrencies have a great future lying ahead.Many people have now started using cryptocurrencies by seeing the profit margins they give us.They are money making machines for all of us and so we should definitely take advantage of them.Cryptocurrencies are best option in today's date for investment purposes as they give huge amounts of profits and that too in a short period of time.People are now using cryptocurrencies for day to day transactions. NHK has learned that the banking unit of Mitsubishi UFJ Financial Group plans to carry out a large-scale trial of its own digital currency.
The bank plans to conduct the test of what they call MUFG Coin as early as next year in limited areas of Japan. The trial is expected to involve around 100,000 MUFG Bank account holders who apply to take part.
The participants will install an app on their smartphones that converts their deposits into the digital currency. One MUFG coin will be worth 1 yen.
They will be able to use the currency to make payments at places like restaurants, convenience stores and other shops. They can also transfer the currency to the accounts of other participants.
The bank officials will check to see if the settlements are carried out smoothly and in a secure way. For the future, they're considering tie-ups with a wide range of businesses to offer services based on the currency.
Source: https://www3.nhk.or.jp/nhkworld/en/news/20180515_25/
Another plus in favor of the crypto currency was the news that MUFG Bank to test own digital currency.
NHK has learned that the banking unit of Mitsubishi UFJ Financial Group plans to carry out a large-scale trial of its own digital currency.
The bank plans to conduct the test of what they call MUFG Coin as early as next year in limited areas of Japan. The trial is expected to involve around 100,000 MUFG Bank account holders who apply to take part.
The participants will install an app on their smartphones that converts their deposits into the digital currency. One MUFG coin will be worth 1 yen.
They will be able to use the currency to make payments at places like restaurants, convenience stores and other shops. They can also transfer the currency to the accounts of other participants.
The bank officials will check to see if the settlements are carried out smoothly and in a secure way. For the future, they're considering tie-ups with a wide range of businesses to offer services based on the currency.
Source: https://www3.nhk.or.jp/nhkworld/en/news/20180515_25/
NHK has learned that the banking unit of Mitsubishi UFJ Financial Group plans to carry out a large-scale trial of its own digital currency.
The bank plans to conduct the test of what they call MUFG Coin as early as next year in limited areas of Japan. The trial is expected to involve around 100,000 MUFG Bank account holders who apply to take part.
The participants will install an app on their smartphones that converts their deposits into the digital currency. One MUFG coin will be worth 1 yen.
They will be able to use the currency to make payments at places like restaurants, convenience stores and other shops. They can also transfer the currency to the accounts of other participants.
The bank officials will check to see if the settlements are carried out smoothly and in a secure way. For the future, they're considering tie-ups with a wide range of businesses to offer services based on the currency.
Source: https://www3.nhk.or.jp/nhkworld/en/news/20180515_25/
“Cryptocurrency is very much here to stay,” said futurist and author Thomas Frey, noting that he’s speaking to the Federal Reserve in September on the topic. He predicts that “cryptocurrencies are going to displace roughly 25% of national currencies by 2030. They’re just much more efficient, the way they run.”
Bitcoin may have taken a dip, while numerous other cryptocurrencies vie for the spotlight. But that doesn’t mean cryptocurrency itself is about to crash.
I see crypto investments similarly to how I see traditional investments in stocks and bonds, which go through cycles,
While there is more volatility in cryptocurrencies, it’s a worthy area for people to experiment with their investment portfolios really carefully.
I see crypto investments similarly to how I see traditional investments in stocks and bonds, which go through cycles,
While there is more volatility in cryptocurrencies, it’s a worthy area for people to experiment with their investment portfolios really carefully.
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