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Jayson

The Domination of Crypto Currency

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Yeah, cryptocurrency will be ruling the financial factors with in the next few years. We can't say that it will eradicate the fiat currency but the fiat currency will be always there and cryptocurrency will be the other options for payments rather than fiat currency.

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Yes bitcoin is one which is now taking over the world and most of the countries accepted the bitcoin as a legal Crypto currency.

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правильно, это уже настоящее время. Криптовалюты здесь, чтобы остаться, и банки боятся, что они боятся, потому что в конце концов все будет для электронных платежей, и не будет 3 человек, которые будут взимать комиссию всю секунду и между людьми. это лучше всего. Я обожаю криптовалюты

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This is what distinguishes this market in general and cryptocurrencies, especially from the fiat currencies, as the possibility of counterfeiting or copying is impossible, and therefore the value of the currency will be enormous, as well as its easy and fast use and low fees that make it the focus of everyone's attention without exception, especially the rich before the poor.

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The dominance of cryptocurrency continues to grow in world financial markets, this is in line with the widespread use of crypto as an investment asset and transactions between countries. Fiat is no longer the main currency, but now we can choose cryptocurrency as an alternative. Cryptocurrency has no control and price is determined by supply.

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Thank you for sharing this information my friend. This is really helpful for a lot of members. The cryptocurrency are the future leaders of the financial market. They would mostly improve into more number of instruments and establish into normal usage in market.

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Cryptocurrency is spreading fast. The people of this world are relying on crypto more than bank now. They find it as a safe place and owned by themselves. The day is not far when crypto will be available in every sphere of life.

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Probably copied post from somewhere online, nevertheless the point is about some world currency the Rothchilds had in mind according to conspiracy theorists. Of course they wouldn't have in mind a decentralized cryptocurrency which nobody can control. So this is not it.

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I don't think this has anything to do with Bitcoin and someone is looking for answers without looking at the technology first. It is easier to do that and spread theories but to someone more educated on the subject it looks as anything someone without a clue could think or believe.

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On 9/16/2020 at 10:28 PM, Guru2050 said:

Exactly, as matter of fact in nearest future Bitcoin and the entire Crypto world would surpasses fiat currency, since it possesses some essential, unique and interesting features than the fiat world which is highly contributing to its rapid adoption.

as much as i hope to see crypto being adopted but i dont think it will be in the near future, there are still millions of people who havent even heard about crypto or they dont even have internet, so it will take longer times if we really need crypto to overtake fiat currencies.

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I am think there is more but not this much as to have the rothchilds and agnelli families to have made Bitcoin. It was nothing in what you say about Bitcoin written anywhere before and looking in the scripts is not helping you anyway. The dollar has more masonic symbols on it and there are some with rings that are in some society and everyone else is laughs at them. The rich that you are say are laugh with all the stories that make them only more powerful and think of the poor as idiots because of ideas like these.

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On 12/31/2019 at 6:41 AM, Jayson said:

The fact that the Economist is owned by families like Agnelli and Rothschild sparked many conspiracy theories.

I haven't read any conspiracy theories about Bitcoin, except perhaps the one that said that Satoshi was the NSA and they created Bitcoin for some reason that is not very clear even for the people they claim this happened. I like reading stories of fiction and I would love to read if the Rothchilds had anything to do with Bitcoin, but this is something that I think would be unfounded as Bitcoin is against the previous money system and creates the freedom of finance without centralized authorities being able to stop transactions and exclude people from it.

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Every person talking about bitcoin.once it had low price but now the price is too high than other crrunccies due to increasing demand and value of bitcoin.in future it will be more .so i think its a start fo dominated era of bitcoin.

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Cryptocurrencies are not yet dominating, they are rapidly expanding in demand as investments, but not in terms of their use as currencies. There is slow adoption in merchant interests and most companies still don't accept cryptocurrency for payments at their shops and websites.

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The economic system of cryptocurrency will penetrate the future digital world, which exchange in cryptocurrency will be more preferable   than using fiat because of the government regulation in fiat money. 

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Cryptocurrency is getting wider adoption it uses the power of internet you know in every daily basis more than a million people visit internet at a time through this method cryptocurrency was able to get more recognition and adoption.

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Cryptocurrencies are a private invention, whose transactions are managed through its encrypted blockchain, where everything is registered and can be audited because it is public, cryptocurrencies are not backed by the governments of the world and many consider them illegal. On the other hand, the dollars and euros that are fiduciary currencies if they are backed by the governments of the world who grant them official character. Operations in cryptocurrencies are in the public domain, but can only be seen by those who are authorized for this purpose and since people who carry out operations with cryptocurrencies do not have to identify themselves with their first and last names and identity documents, this makes cryptocurrency transactions lend to shady businesses and there is no transparency in some of their transactions.

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Bitcoin is not resembling this that you are saying for one reason, it is decentralized. So unless Satoshi was a Rothchild and has left 1 million Bitcoins just to come back after ten years with a price of $100k and have a fortune bigger than the top richest people together, then this assumption is wrong.

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On 12/31/2019 at 12:41 AM, Jayson said:

Cryptocurrency is a digital currency for which encryption techniques are used to regulate its use and generate its release. Unlike fiat currency — like US dollars, euros and yen — cryptocurrency is not regulated or controlled by any bank, government or centralized financial authorities.

Instead, it relies on the power of the Internet to guarantee its value and confirm transactions. Users on a network verify every transaction, and those transactions then become a matter of public record. This prevents the same digital currency or coin from being spent twice by the same person.

It looks quite intriguing since it calls for a world currency and displays a coin that resembles Bitcoin way before Satoshi presented his cryptocurrency concept. The Phoenix symbol is also relevant. The fact that the Economist is owned by families like Agnelli and Rothschild sparked many conspiracy theories.

 

As you say, cryptocurrencies offer much better opportunities and benefits, so I see that cryptocurrencies will be more used than tangible money, so it is much more beneficial and what stands out the most is that to make a transaction there is no third party that they have to verify something for yourself and there is more privacy.

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The whole world is transferring to digitalization and modernization. So crypto is future. It's a great platform for you to learn and earn at the same time. You will really enjoy this Platform and you can share your experience with others people also. You can also go through other experiences by reading the article and their view of the platform. It will improve your content writing skill also 

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Crypto Domination : Bitcoin is starting to run into problems with slower transaction speeds and higher transaction fees. Other cryptocurrencies have come along that are faster and cheaper. The Bitcoin miners are working on the matter. ... Unlike a credit card charge, Bitcoin transactions aren't reversible.

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It must be clear that there are many people with great financial, cultural or social power within cryptocurrencies, because if this were not the case, a total blockade or ban of the market could easily be promoted, causing all progress to be lost, I've read a couple of conspiracy "theories" that big governments keep Bitcoin and other cryptocurrencies afloat because it allows them to fund some things indirectly.

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On 12/31/2019 at 8:12 PM, Rahul21 said:

The dominance of the crypto currency is around the world and we can understand the crypto's dominance through digital currency so the dominance of the crypto never ends.  That will continue to spread forever in our cryptocurrency.And with the emergence of different technologies day by day, his dominance will increase even more.

Crypto currency is the need of the world and we know that in the future all over the world will except the crypto market and that time all the crypto market touch the sky because so many peoples will start to invest in this market and the market go high so much that time.


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Thanks for this brief explanation of cryptocurrencies, first I want to say that there is a difference between cryptocurrencies and digital currencies, cryptocurrencies other than digital currencies, secondly with regard to double spending, what you say is inaccurate because if a person has 51% of the Hash power, he can do double spending, which is what Known as the 51% attack. I just wanted to note these points.


 

 

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Cryptocurrencies has been dominated by large number of investors, big companies, and many individuals. As we can see PayPal has adopted cryptocurrencies into its system and we can see that the price of bitcoin has now reached it's all time high price so far even above $22000

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