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I started with $50, and within 48 hours received just under $200 dollars in crypto currency that I had not been expecting. I went on over the coming months to refine the process through trial and error until today, I am able to call in thousands at a time that comes in the most weird and wacky ways.
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Daniel Mangena (Money Game: A Wealth Manifestation Guide. Level Up Your Mindset Step-By-Step & Create An Abundant Life)
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Government fiat currency is far superior to cryptocurrency.
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By 2030, some form of Crypto will become the global reserve currency but it will not be based on what exists today. Existing cryptos need to transform or will disappear. Also around 2030 or so, the first Nobel Prize in Economics will be awarded to a Cryptoeconomist.
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Tom Golway (Planning and Managing Atm Networks)
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Cryptocurrency is here to stay, so we hear on cryptosphere everyday. But there are some fundamental situations that needs to take place for this speculated ‘store of value’ to really have its foot to stand on, and that is, government’s ability to enforce taxation on businesses and individuals making gains with this currency. So, either we like it or not, crypto taxation needs to be enforced for government to really entertain any form of adoption. Asian countries dominates the cryptocurrency spaces but the governments are finding it a bit hard to really tax crypto transactions.
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Olawale Daniel
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Using an example of how this would work in a more relatable scenario. If you were to imagine a hacker accessing the computer system of your bank and transferring all your funds from your own account into his and deleting all evidence of the transaction, existing technology would not be able to pick this up and you would likely be out of pocket. In the case of a blockchain currency like Bitcoin, having one server hacked with a false transaction being inserted into the database would not be consistent with the same record across the other copies of the database. The blockchain would identify the transaction as being illegitimate and would ultimately reject it meaning the money in your account would be kept safe.
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Chris Lambert (Cryptocurrency: How I Turned $400 into $100,000 by Trading Cryptocurrency for 6 months (Crypto Trading Secrets Book 1))
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Finally, a word about blockchain technologies and bitcoin: first, there have been initiatives to use blockchain to document land titles. Without claiming that it is a magical solution, transparent public ledgers that cannot be altered without a record of such alteration is certainly a solution worth exploring in nations with notoriously bad recordkeeping systems and pervasive corruption. Second, bitcoin is invaluable in nations with significant inflation and currency controls that prevent citizens from bringing capital in or out. In order for entrepreneurs to create prosperity in Africa, they need the freedom to deploy their choice of currency and to move capital freely. In many African nations, there are sharp restrictions on capital flows. But businesses often need to shift capital from one use to another quickly and frictionlessly.Many in the West have come to associate bitcoin with speculation, especially after the spectacular collapse of crypto exchange FTX. They are unaware of what it is like to live in a nation with weak financial institutions and, in many cases, chronically high inflation rates. Bitcoin is also a path to liberation from the CFA, a French-controlled currency that is currently used by fifteen nations and 180 million-plus people.
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Anthony T. Hincks
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Devasini had shown his face: El Salvador. The country’s president, Nayib Bukele, had proudly announced his adoption of Bitcoin as a national currency at Bitcoin 2021,
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Investing In Gold Not everyone would associate Ethereum with investing in gold, but that is exactly one of its uses. Using a process developed by Digix, users can use tokens to buy gold on the Ethereum blockchain. How does this work? Using the Digix app, you can exchange either Ether or fiat currency (real-life money) with gold tokens. This gold is linked to the Singaporean gold vault through a complex crypto-code. Whenever the user wants, they can switch their gold tokens for actual pieces of gold without needing to go through an intermediary or paying any large fees. This also opens up the possibility of creating similar processes for all sorts of commodities.
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utility or usage tokens can simplify transaction execution inside of a Dapp. When you go to an amusement park, you typically exchange fiat currency for a wristband or set of tickets granting access to rides, rather than paying a variable amount in fiat currency for each ride.
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Andrew J. Chapin (Art of the Initial Coin Offering: Lessons Learned from the Launch of a Crypto-Token)
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The reason Bitcoin is so beloved by libertarians is because it takes control of the money supply away from the state. Satoshi distrusted the global banking system, and saw his crypto-currency as a way to undermine it. He hated that bankers and governments held the key to the money supply and could manipulate it to their own ends.
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Jamie Bartlett (The Dark Net: Inside the Digital Underworld)
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Every time you use a banknote; every time you use a modern coin; every time you use a credit card or debit card; every time you use internet banking; every time you use any modern crypto currency; every time you use a gift voucher; every time you use a poker chip; in fact, every time you enter into any form of transaction that does not rely on bartering, each such transaction has its ideological origins in John Law’s idea that money need have no intrinsic value.
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Gavin John Adams (John Law: The Lauriston Lecture and Collected Writings)
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What Is Binance?
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