The Top 8 Reasons why People Resist Bitcoin
Bitcoin deserves to be the dominant world currency. Unfortunately, though, resistance to change delays the widespread acceptance that Bitcoin deserves. Without the obstacles created by this reluctance, Bitcoin would surely flourish more quickly and widely. The disruptive nature of Bitcoin and the blockchain technology brings change — profound change.....
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Recently there has been an uproar in the Bitcoin community over a potential increase the Bitcoin block size. There are many people I respect deeply on both sides of this issue, but unfortunately we’ve seen some members of the community resorting to outright censorship in order to stop the debate. Censorship is never the answer. The reason myself and many....
Belarus media are testing NewNode, a decentralized tech helping resist the government censorship.
Crypto research firm, Messari says new Defi token offerings or initial dex offerings (IDO) are a reincarnation of initial coin offerings (ICO) and warns average investors to steer clear these. The firm notes that several early participants of IDOs are the ones that typically make off with outsized returns, while others are left deeply in the red. For the rest of the participants, Messari suggests it is better to wait for the market to settle on a price before buying. In a Twitter thread on September 28, the research firm explains that IDOs, which are “conducted on automated market....
The ability of Bitcoin to resist inflation, its characteristic independence towards government legislation among other several qualities makes it an automatic safe haven for embattled economies. On Monday, Feb. 6, 2017, youths across different cities of Nigeria took to the streets to protest against the leadership of the nation. One of the major reasons for the nationwide protest is the high level of inflation of its national currency. Nigerians are revolting against government. At the time of writing, the exchange rate of the Nigerian Naira to the US dollar in the parallel market is about....
A Ghanaian blockchain and crypto association, Afroblocks, has warned the Bank of Ghana (BOG) to resist the urge to develop a central bank digital currency (CBDC) that is based on the “old traditional siloed financial thinking.” Afroblocks Not Consulted Afroblocks (formerly Blockchain Society Ghana) instead wants the central bank to emulate “financial projects that are borderless and decentralized like modern-day cryptocurrencies.” According to Omar Majdoub, one of the association’s co-founders, doing this will increase the likelihood of the CBDC’s....