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abualez

"Cryptography in developing countries"

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I still believe that one day the whole world will know about cryptocurrency and about this whole new world that people can easily learn and educate themselves. Just like everything that has a space in this world surely cryptocurrency will soon take it's place among the people of this world. One day! 

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Hello friend, That sounds intriguing, I live in one of them and we see the need, given the specific qualities we have, to apply this approach to differentiate and improve the economy. With an overly cheapened money, the cryptos are introduced as a salvation. Furthermore, I realize that it is so.

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Hi @abualezThat is in reality pretty high number in the event that you imply that they have the information on utilizing cryptos as well. I live in a generally rich nation and in here the vast majority know what cryptos are nevertheless I question that even 20% have ever utilized them. I would state possibly 5% has done a bitcoin exchange.Thank you

 

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in my country there is not too much people who you know how to use the mobile the smartphone that is why they even do not know about the cryptocurrency to so the case is similar to yours

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Unfortunately in my country, only a few people know encryption, so I joined encryption only two years ago, and there are several factors that affect people s knowledge of coding, including the lack of knowledge and lack of access to the Internet in developing countries in addition to the lack of educated people in those countries

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I also living in a third world country and i am pretty sure most of the people in my country doesn't know anything about crypto, but lately crypto start to became more popular. Some local crypto exchangers start to release advertisement on tv. I think crypto is  becaming more famous in every country. Most of the big firms start to create their own crypto project and i am pretty sure every country and every people will know crypto in the near future. I hope we can all take a profit from crypto.

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What is a cryptography? This is the first time I am hearing this term. My country is also a developing country and some good exchanges are started to make some improvements in this field and more and more people started trading in cryptocurrencies. With the upcoming regulations, I am sure more people will come to this field because they keep avoiding cryptos thinking the market is not secure enough.

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On 3/11/2020 at 4:09 PM, abualez said:

 

I live in one of the third world countries and In my country I only think 20% have known as encrypted currencies and how to use it and Most of these people are rich class in society This really reflects the deterioration of really noticeable development in my country.

@abualez yeah I was already seem like that post crypto talk band their website in in poor countries like Pakistan, Bangladesh, India etc. It is going to top in development countries. I don't know what they have criteria behind this but they are applying these rule on these countries. Hopefully on staying here we know about that why it is here in welton countries not in poor countries.  🥰

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I live in a developing country as far as cryptocurrencies are concerned, as they are an unknown thing to most of its inhabitants..and we must spread these things and work on getting them to the largest possible number of people because it is a good way to make money

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Crypto currency is becoming popular and acceptable in most developed countries and developing countries. But even today a majority of the population does not accept or recognize Cryptocurrency. But I am sure within no time this digital currency will be accepted everywhere.

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Now the whole world is transferring to digitalization and modernization. So they adopt digital currency. Crypto is future. Many institutions use Cryptography. 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 by posting your content 

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I am agreed with you there are trillions people who don't know about this currency and in future cryptocurrency is major discussion in every country devolping or non devolping hope best wishes for you

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Today is an epoch-making age of information technology.  Now people can easily complete transactions through online internet.  Cryptocurrency is legal tender in many countries of the world.  Currently, cryptocurrency is very popular and its massive transactions are in high demand.  As a result, cryptography is being used in many countries of the world.  As a result, cryptocurrency transactions have become as simple and important as possible.

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On 3/11/2020 at 12:09 PM, abualez said:

 

I live in one of the third world countries and In my country I only think 20% have known as encrypted currencies and how to use it and Most of these people are rich class in society This really reflects the deterioration of really noticeable development in my country

Some of us live in the third world countries, which we are struggling to meet up with the developed and developing countries, with the introduction of cryptocurrency we have gain access to many aspect of technology and our country is working towards achieving some goals, with cryptocurrencies we believe that many things will happen and it will gives right to the development of our society.

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Cryptocurrencies are global, they are everywhere, of course an internet platform is essential for their development, without that there is no cryptographic world. In some developing countries they do not have a good internet coverage and there it is difficult to exercise it, but there are others that do not even have internet for a large part of their population. Other developing countries participate quite well in the crypto world. The good thing about cryptocurrencies is that they are universal and all social strata have access to their business scheme, not just the upper classes.

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I am the same as you, in my country this cryptographic currency system is not well known, that is why we try to get our friends or acquaintances to start using it and to make it better known

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yes my friend there is a lot of people around the world don't know about bitcoin and this business, 

It is very useful business and every one should start from himself and let his friend and other people to know about this business and help them too

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This issue with every country specially in Asian countries, majority of the population who did not know about cryptosystem, cryptography or crypto currencies after 2020 it will spread itself by this type of organization like cryptotalk organization. It is a very good step for awareness of it.

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There are many different countries where crypto currency are developing. But some countries in which cryptocurrency are banned till now. But in the future these countries will accept the cryptocurrency. In my country only 30% people who invest in cryptocurrency.

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Well, cryptography isn't really well known to all so you cannot really expect to be that famous. Also this is the reason why cryptocurrency isn't well known to countries that are developing.

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I think the best way to help these countries is to create more awareness on crypto and its benefits. And for those, like me and you, that live in these countries, we should hold onto our crypto and wait for when it is more usable for us.

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now not best your united states of america, bitcoin and the lifestyle of digital currencies are unknown in half the sector and many nations, only the minority who is aware of this area in all international locations to this point.

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It does not mean that you are from the third world countries that you cannot deal in cryptocurrencies, and every person should spread the culture of currencies among his family and friends, and it will expand little by little
 It is true that some third world countries lack the basics of electricity, internet, and literacy, as these countries have a difficult situation in dealing with currencies.

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1 minute ago, Razan alikac said:

It does not mean that you are from the third world countries that you cannot deal in cryptocurrencies, and every person should spread the culture of currencies among his family and friends, and it will expand little by little
 It is true that some third world countries lack the basics of electricity, internet, and literacy, as these countries have a difficult situation in dealing with currencies.

@Razan alikacYou are totally right mate. Some third world countries don't have access to social amenities like electricity and internet to have knowledge on Cryptography but nevertheless cryptography has developed most countries as they easily has access to all social amenities to benefit from it.

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about the cryptography i will explain to you all the information about that so just read my comment to understand me , Well, the only thing we could do is, you should take the torch and pass it into others that have interest and determination, it means that if you know a thing then try to share it to spread about crypto. so that all my information about your question so good luck for you .

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Davis believes this impressive figure clearly indicates growing recognition of cryptocurrency and interest from institutional investors, especially from the US.   Strike CEO Jack Mallers predicts that during the ongoing bull rally, bitcoin could reach $250,000 and possibly rise in price to $1 million. On a podcast with Pomp Investments founder Anthony Pompliano, Mallers explained his bold forecast by stating that bitcoin is still at an early stage of development. According to him, the bond market is currently facing problems, so central banks may inject a significant amount of liquidity into the financial system to stabilize it. This liquidity influx will trigger an increase in the value of risky assets, including the leading cryptocurrency.   Jack Mallers disagrees with the notion that bitcoin is a bubble or a tool for speculation. The asset is becoming increasingly popular among financial giants on Wall Street, and its limited supply of 21 million coins makes BTC highly resistant to inflation, unlike fiat currencies and gold. "Bitcoin can be called the hardest form of money – thanks to the fixed issuance schedule and halvings every four years. The release rate of new coins gradually decreases, thereby increasing bitcoin's long-term value," argued the Strike CEO.   Analysts from financial investment company Motley Fool also target a six-figure number. They suggested that bitcoin's rate could rise to $400,000 and possibly even reach $1 million. The reason, which has been mentioned many times, is the influx of money from institutional investors through spot ETFs. Motley Fool analysts noted that more and more pension funds and hedge funds, managing multi-billion dollar sums, are entering the bitcoin market. Thanks to cryptocurrency ETFs, they can easily include bitcoin (and soon Ethereum) in their investment portfolios.   According to analysts, around 700 investment companies have already invested in such funds. Nevertheless, the share of institutional investors in bitcoin-ETFs is currently only about 10% of the total. Motley Fool estimates that if financial institutions invest about 5% of their assets in bitcoin, the market capitalization of the first cryptocurrency could exceed $7 trillion, which explains its forecasted rate of $400,000.   Considerably less optimism was heard in the forecast of Bloomberg senior analyst Mike McGlone. According to him, bitcoin's volatility leaves it trailing gold and the US dollar in investment appeal. Furthermore, he believes that stocks will soon crash amid the expected recession, but BTC will suffer even more than the stock market. McGlone emphasized that the Tether (USDT) stablecoin, pegged to the US dollar, typically trades twice as much per day as bitcoin. "I can access the US dollar anywhere in the world from my phone using Tether. Tether is the number one trading token. It's the number one cryptocurrency for trading. It's the dollar. The whole world has moved to the dollar. Why? Because it's the least bad of all fiat currencies," the Bloomberg expert stated.   While Mike McGlone merely downgraded bitcoin's attractiveness, Cardano founder Charles Hoskinson simply buried it. He equated bitcoin to a religion and stated that the industry has outgrown its dependence on it. According to Hoskinson, "the industry no longer needs bitcoin to survive." He pointed out critical threats to the leading cryptocurrency, including insufficient adaptability and dependence on the Proof-of-Work algorithm. Franklin Templeton analysts, on the contrary, consider L2 protocols, along with Ordinals, Runes, and DeFi primitives, as one of the main drivers of bitcoin's innovation revival. Strike CEO Jack Mallers defended the first cryptocurrency. According to him, the Lightning Network, created for instant and cheap transactions, a second-layer solution based on the BTC blockchain, can further increase the demand for the first cryptocurrency. Mallers believes that thanks to this, bitcoin can be used for everyday purchases, such as paying for a cup of coffee. Former BitMEX CEO Arthur Hayes called the native token of the Cardano blockchain (ADA) "dog shit" due to its low use in protocols.   As of the time of writing this review on the evening of Friday, 31 May, ADA is trading at 0.45 USD per coin, while bitcoin and Ethereum are faring significantly better: BTC/USD is trading at $67,600, and ETH/USD at $3,790. The total cryptocurrency market capitalization is $2.53 trillion ($2.55 trillion a week ago). The Bitcoin Fear & Greed Index remained almost unchanged over 7 days, staying in the Greed zone at 73 points (74 a week ago).   It should be noted that ETH/USD failed to break through the $4,000 resistance this past week. The local maximum was recorded on Monday, 27 May, at $3,974. The lack of an immediate pump is explained by the fact that everyone who wanted to buy Ethereum in anticipation of the SEC's historic decision already did so. Meanwhile, according to some analysts, there is a high probability that immediately after the launch of the long-awaited spot exchange funds, Ethereum will enter a deep drawdown, similar to what happened in January with bitcoin. Then, over 12 days, it fell by 21%.   One of the key reasons for BTC's drawdown at that time was the unlocking of GBTC fund assets from Grayscale, which was converted into a spot fund from a trust. It began losing investments daily at a rate of $500 million. It is possible that something similar could happen with Ethereum, where Grayscale's ETHE fund holds $11 billion worth of ETH. As soon as this fund is converted into a spot fund and its assets are unlocked, short-term investors might start taking profits, potentially causing ETH/USD to fall to the strong support zone of $2,900-3,200. Pessimists among bearish factors also cite the uncertain legal status of the altcoin, as the SEC has not yet clearly defined whether ETH is a commodity or a security. Additionally, the regulator has many complaints about the staking program.   Staking is a way to earn cryptocurrency by "locking" a certain amount of coins in a wallet on the Proof of Stake (PoS) algorithm to support the network. In return, the user receives rewards in the form of additional coins. According to Wall Street legend Peter Brandt, "the biggest disasters in the cryptocurrency sphere that are yet to happen will be related to staking." The expert noted that such assets as Ethereum are often rented out to earn such income, often in the form of interest, which strongly reminds him of collapsed financial pyramids. As staking becomes more widespread, Brandt warned, it could attract increased attention from central banks, treasuries, and other authorities. This could lead to tighter regulation, significantly altering the crypto space and potentially resulting in the cessation of staking and bankruptcies for those involved. NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • Даа, кроме нас на форуме остались рекламщики обменников и все). А у вас было монета not, он очень хорошо вырос. Надо было покупать сразу после листинга. Даа, упускаем моменты). Биткоин продолжает коррекцию делать, а я купил какие то щитки и вынужден ждать. 
    • Крупный банкир получил тюремный срок за криптомошенничество   Бывший инвестиционный банкир Рашон Рассел приговорён к 41 месяцу тюремного заключения за мошенничество с использованием цифровых активов. В результате расследования правоохранительные органы США выяснили, что обвиняемый начал опробовать свою мошенническую схему на друзьях, бывших одноклассниках и коллегах по работе в криптофонде R3 в ноябре 2020 года. Рассел обещал им гарантированную доходность инвестиций от 25% до 100%. Чтобы его слова были ещё убедительнее, он пустил в ход свой опыт инвестиционного банкира и сфабрикованные документы (поддельные счета, переводы). Сначала он использовал часть полученных обманным путём средств для выплаты долгов более ранним инвесторам. Остальные деньги Рассел тратил на азартные игры и поддержание роскошного образа жизни. Такая мошенническая схема работала до августа 2022 года. В апреле 2023 года Рашона Рассела арестовали, а в сентябре он признал свою вину. Тогда же выяснилось, что Рассел незаконно приобрёл около 100 кредитных и дебетовых банковских карт на имена других людей. По мнению следователей, он планировал использовать карты для проведения транзакций с полученными незаконным способом деньгами. Минюст США подсчитал, что потери инвесторов от мошеннической схемы Рассела составили $1,5 млн. Именно эту сумму подсудимый должен выплатить своим жертвам в качестве компенсации. Источник - https://ru.investing.com/news/cryptocurrency-news/article-2428894
    • CryptoRank поделился списком крупнейших разлоков июня.        Будьте осторожны в отмеченные дни, ведь увеличение предложения может вызвать давление со стороны продавцов. ARB — $105.21 млн;APT — $103.03 млн;UNI — $87.93 млн;STRK — $75.67 млн;DYDX — $66.3 млн;SEI — $63.81 млн;ID — $55.82 млн;IMX — $54.96 млн;MERL — $42.21 млн;ENS — $36.65 млн.  
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