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  What will be the 3 big cryptocurrencies in 2020?
Posted by: Carsten - 2018-11-06, 11:08 AM - Forum: Bitcoin and Altcoin - Replies (3)

As can be seen from this article we have 3 winners. Ethereum, IOTA and ....... Elastos. Hugues already predicted this.

https://www.linkedin.com/pulse/what-3-bi...s-kraemer/

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  Will Cryptocurrencies Replace Fiat?
Posted by: Carsten - 2018-11-04, 12:42 PM - Forum: General discussion - Replies (8)

Here is some interesting highlights of the article:

"I believe that cryptocurrencies, in its current form, cannot replace fiat money. "

"no cryptocurrency can replace fiat money as medium of exchange if there is no inflation. Inflation is a requirement for stability of value, and stability of value is one of the most important requirements for a medium of exchange."

"Central Banks

I understand the cryptocurrency intellectual’s hatred of central banks. Central banks exist as socialist centers of control in an otherwise capitalist, decentralized world. Each central bank is fundamentally a dictatorship ruling over its captive fiefdom. There is an unholy alliance between a central bank and the government that sponsors it: the government allows the central bank to control the local currency, in return the central bank allows the government easy access to money. "

"central banks are not a market phenomenon — the central bank in any one country exists for one reason only: it’s there by law and not by Adam Smith’s “invisible hand”."

"We can’t predict the future, but we know for sure that the U.S. government owes the Fed and bond-holders something to the tune of 22 Trillion USD. It cannot possibly pay for this borrowed money, but there is a way out, and cryptocurrencies can only help. How? By allowing the USD to decrease in value. This has happened before, in fact a number of times. Besides, it’s not just the U.S. who will be doing this: Japan, China, and the European countries all have huge debt, and so we can expect the Yen, the Yuan, and the Euro to devalue also."

"It was relatively easy to get rid of banks of old and their bank notes, and impose a central bank. This time, it won’t be so easy to tame the wild world of cryptocurrencies. Who will win? I think this time the people will finally win."


https://medium.com/coinmonks/will-crypto...2ca57b751b

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  Hardware (cold) wallets ELLIPAL
Posted by: Hugues - 2018-11-01, 10:51 AM - Forum: Bitcoin and Altcoin - Replies (6)

I found a pretty good cold wallet for a very good price.
Ellipal is sold for $149. Very low.
Have a look at the website and see it's specifications. A very secure piece of hardware.
I have made myself as an affiliate account to share this with others.
Some features:
Mobile Oriented
Internet Isolated Cold Wallet
User-friendly
Offline updates
Support Multi-currency
...

This is the link to go to the page.

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  How Bitcoin & Satoshi Nakamoto changed The World
Posted by: Hugues - 2018-11-01, 10:25 AM - Forum: Bitcoin and Altcoin - Replies (5)

How Bitcoin & Satoshi Nakamoto changed The World
Bitcoin is the most important invention of the 21st century. The first ever global and inclusive financial system. The first ever unconfiscatable asset. Every human being has right to unconfiscatable property.
Beneath the “blockchain” hype, there’s a decentralization movement that has taken shape, driving the very future of open-source software values and the will of software engineers and entrepreneurs to do good in the world with new technology and collaborative products.
This movement has no nationality, no ethnicity, no doctrine but it is a global movement towards better systems of governance, financial exchange, investment and ethical innovation.
Digital assets are attracting software developer talent worldwide, dApps are changing the future of how distributed ledgers can scale, and public blockchains are showing incredible potential to create ecosystems of value that could challenge how we see the future itself.
Satoshi Nakamoto is not a real person. Satoshi Nakamoto is the pseudonym of the creator of bitcoin. On October 31, 2008, a white paper entitled “Bitcoin: A Peer-to-Peer Electronic Cash System” appeared. The world 10 years later is not the same world. Even in times of turmoil, the potential of things like stablecoins and the right to privacy and alternatives to investing in the out-dated financial system in place are appearing for even the most humble citizens of the world.
Seven years since Satoshi stopped publishing on the internet and receded even further into anonymity, this concept of “decentralization” is creating a vanguard of new business models, stimulating startups from Switzerland to China, to Malta, to Singapore.
Bitcoin Stands for Hope for a Better World
Coinmarketcap says cryptocurrencies are at the time of writing worth $203.4 Billion in market cap. But that’s not the true value of digital assets. The true value is hope. Bitcoin is providing a framework for a world of more free will, more choices and more possibilities for humanity to create technologies that can make the world a better place.
Bitcoin isn’t a product, it’s a philosophy of all that comes after. It does not matter how many wallets Bitcoin has or how many daily active developers Ethereum has or if ICOs are in decline, it matters that open-source software (OSS) is converging with the values of decentralization to make a less authoritarian and skewed financial world — a world of massive wealth inequality where greed and exploitation are the drivers of capitalism, innovation and technological convergence.
Satoshi Nakamoto gave us another model of how to be human.
Bitcoin can’t be regulated or suppressed or “taken over”, because it’s symbolic of a global shift in values.
They can warp “decentralization” towards their centralized goals, but consumers will keep choosing the right answer. This is fundamentally because young people have a thirst for progress that drives us on.
Bitcoin as an idea didn’t just go viral, it gave the future of code, technology and our very conception of money, digital assets and collaboration new frameworks and scope of participation as engineers, consumers — as people.
Bitcoin is More Stable than FANG Stocks
On its 10th birthday, let’s give pause to what Bitcoin has become. It’s become in recent weeks a more stable asset than FANG stocks.
Even if taken annualized it’s shockingly stable. What does that say for the future of digital assets? Since as we know all cryptocurrencies are basically tethered to Bitcoin’s price.

[Image: 1*KaVr5ByGfgiJbal4udU0jA.png]

Kosmos Research, Coinbase, NASDAQ
Digital assets might have a bright future, especially as the next global recession is widely believed to be on the way in late 2019 or 2020. Bitcoin the digital gold of 2018 might become more reliable in times of economic uncertainty.
#BitcoinAt10 demonstrates the interconnected realization of what Bitcoin has meant for the world.
If Bitcoin was a reaction to the financial crisis of 2008, in 2018 it’s a driver of global innovation, with even central banks all over the world considering how to put their fiat systems on the blockchain.
Nakamoto believed bitcoin could provide a solution. Ten years later it appears he was correct. The outlook for digital assets and all the ecosystem surrounding it had their big bang with Bitcoin. Its an exceedingly optimistic outlook for the future of dApps, smart contracts, public blockchains and blockchain adoption globally.
Bitcoin’s birth in the depths of a financial crisis is not surprising. Like a phoenix from the ashes, cryptocurrencies for all their controversy are helping us rethink society, banking, money, power, venture capital, crowdfunding, exchange, digital assets, governance, technology and the future at large.
We need to honor what this could become. It’s no longer about Bitcoin, it’s about us.
The traditional financial system needs updating, capitalism needs defragmentation, democracy needs more transparency, advertising needs more decentralization, and technology needs more corporate social responsibility. Bitcoin, blockchain and digital assets are all comrades on this path.
Bitcoin isn’t a revolution, it’s just a shift towards more convenience with digital assets. If Satoshi Nakamoto’s paper accomplished this much in just 10 years, what will it do in the next 20? Blockchain historians and futurists like myself ponder these questions.





Source: https://medium.com/futuresin/how-bitcoin...32b36edbf2

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  Elixxir
Posted by: Hugues - 2018-10-30, 06:23 PM - Forum: Bitcoin and Altcoin - Replies (12)

This one has it all. I think
If you ask me this token meets most of the criteria a token or coin should meet.

  • Near infinite scalability
  • Near infinite decentralisation. This means that their voting should be distributed over at least 10,000 to 100,000 different voters.That means, they CANNOT be PoW, because PoW suffers from strong mining pool centralization, so the voting is pretty much distributed across only 3 voters. They cannot be PoS, because PoS suffers from strong centralization of voting power among the rich, large companies, institutions, governments, thus defeating the whole point of the blockchain. They can also not be dPoS, because dPoS is only distributed across a few dozen nodes.
  • Low energy usage. Currently with around 50M users, Bitcoin uses 30TWh per year, around the electricity of a small country like Ireland. All banks together use around 100 TWh per year. With 5B users, Bitcoin would use 3,000 TWh per year, 300 times more than all banks combined, making it completely unusable as a global currency. The Bitcoin vs Visa Electricity Consumption Fallacy. This automatically disqualifies all PoW coins (Bitcoin, Litecoin, Bitcoin Cash, Dogecoin, Digibyte, Verge)
  • Permissionlessness and trustlessness. Permissionless means that there is no 3rd party making rules how to vote, thus giving permission. Trustlessness means that nodes do not need to trust each other in order to participate in the voting. This is not given for Ripple, Stellar, EOS, NEO, Ark, Lisk. They are all permissioned and non-trustless, which always leads to cartel formation, lobbyism and introduces a myriad of social engineering attack vectors such as blackmail, coercion, threats etc.
  • Zero Fees. Having fees is still suboptimal, but it is not such a big point compared to the above.
Have a good look at this brief:
https://elixxir.io/technical-brief

Also have a look at the team.

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  IMF Head Foresees the End of Banking and the Triumph of Cryptocurrency
Posted by: Carsten - 2018-10-30, 08:55 AM - Forum: General discussion - Replies (7)

Crypto will displace central banks, normal banking and challenge the monopoly of national currency!

"In a remarkably frank talk at a Bank of England conference, the Managing Director of the International Monetary Fund has speculated that Bitcoin and cryptocurrency have as much of a future as the Internet itself. It could displace central banks, conventional banking, and challenge the monopoly of national monies."

https://fee.org/articles/imf-head-predic...F1hAGlTI18

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  JSECoin because we need alternatives to annoying ads.
Posted by: Carsten - 2018-10-28, 05:50 PM - Forum: Bitcoin and Altcoin - Replies (3)

The great project of an ad free world run by JSECoin seems to go very well. Take a look at the price after introduction on exchanges.

[Image: Dqmz2C4X0AAYG2F.jpg]

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  ZeroNet. Uncensorable websites using cryptography and BitTorrent network
Posted by: Carsten - 2018-10-28, 05:11 PM - Forum: Uncategorized - Replies (3)

This is interesting since Gab is to be closed on Monday just because of some uncensored posts about the mass shooting. According to the CEO Andrew Torba it will only be down until a new service provider is found:

"GAB IS NOT GOING ANYWHERE

I don't care what we have to do, I don't care what it takes. We will build everything from the ground up if we have to. 

We may be down for a few weeks. The truth is we do not know yet. We are working on solutions. We will figure it out. Keep fighting for freedom. We sure will be. 

Please pray for the victims and their families. I know many of you are upset at what is happening to Gab, but the focus should be on them"

https://gab.com/search/gab%20closing

I feel sad for those who where killed, but I prefer to speak up against ANY kind of insane claims than to have them censored.

Link to ZeroNet https://zeronet.io/

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  Gab. The free Speech Social Network
Posted by: Carsten - 2018-10-28, 03:29 PM - Forum: Uncategorized - Replies (29)

Tired of being censored on Facebook and Twitter (even Twitter is not that hard)....then there is Gab

https://gab.com/

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  InitiativeQ; one more new paypal
Posted by: Hugues - 2018-10-27, 08:44 AM - Forum: Bitcoin and Altcoin - Replies (20)

I found this in my email.
No Idea if it is legit or not but I subscribed because they don't ask anything more than name and email.
I did some research but didn't find any negatives nor postives. Only doubts.
here is some review I found.
Initiative Q is an attempt by ex-PayPal guys to create a new payment system instead of credit cards that were designed in the 1950s. The system uses its own currency, the Q, and to get people to start using the system once it's ready they are allocating Qs for free to people that sign up now (the amount drops as more people join - so better to join early). Signing up is free and they only ask for your name and an email address. There's nothing to lose but if this payment system becomes a world leading payment method your Qs can be worth a lot. If you missed getting bitcoin seven years ago, you wouldn't want to miss this.


Here is my invite link: https://initiativeq.com/invite/BW77Ztb27

This link will stop working once I’m out of invites. Let me know after you registered, because I need to verify you on my end.

I suggest, subscribe and see what it gives. You never know.

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