Join our Crypto Conversation, Do you trust Blockchain Technology or Banking Systems?

achainblockchain (45)in #contest • 6 years ago

Cryptocurrency conversation!
Give Your opinion and get upvoted!

Blockchain technology is the Future in my opinion and same as me many other cryptocurrency enthusiasts hope that Cryptocurrency will have a great future.
Bitcoin was created in 2009 and it only started to have a great impact at the beginning of 2017 when most of the crypto exploded and by the end of the year 2017 bitcoin was $20,000
2018 started badly as in every year Bad news came around and a massive sale drove the price of Bitcoin to a low of around $6000
Bitcoin is now $8700 reaching over $9000 a couple of hours ago
Satoshi Nakamotos idea of Bitcoin is in essence an ideal way of keeping money safe and without a third party that keeps your cash like a bank that tomorrow can go bust because a big number of people will withdraw their cash or many more other scenarios

In England Bank Deposits make 97% of all money in the economy and that are in a way just some numbers you can see in your Bank Account
Only 3% of real cash are in Circulation in England.
I'd love to see it the other way around!
With people holding that 97% of their cash in their online/offline wallet without the need of a bank/third party

Cryptocurrency transaction are user friendly!
Why have to trust a bank to hold on to your cash?
Now as an exemple you can send virtual cash from your cryptocurrency wallet in just a few seconds
Achain Blockchain has 1000 TPS
Basically 1000 transactions a second
When I make a transfer it only takes seconds to have the tokens showing in the other wallet easier and faster than right?

We know many more have to be implemented in order to have cryptocurrency at a high level of service before being used and accepted worldwide

All Cryptocurrencies just need a 💳 to be able to withdraw it at any atm 🏧 in Fiat
However I'd love to simplify that and use cryptocurrency in all shops and be able to freely pay with cryptocurrency tokens everywhere I today use Fiat

If you ask me you are safer with the cash staked up under your mattress instead keeping it in the bank!
Corruption and many other issues that involves your cash without you having much to do about it and can't really protect it in any way is surely not the future our kids would want to live in!

I'd like to know your opinion on whatever you think about Cryptocurrency
Blockchain Technology or Banking system
What do you prefer?

Come Join us on Discord and stick around us lets grow together on Steemit.com
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#achain #writing #blockchain #conversation

6 years ago in #contest by achainblockchain (45)

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premraval010 (52) 6 years ago

My opinion to Cryptocurrency Blockchain Technology is very clear.

The power of Blockchain technology is what makes crypto-currency run. It is as important an innovation as the internet itself. This is the economic reset we’ve been needing for decades. Crypto allow more freedom for business and transactions across the entire planet in ways we’ve been desiring for a long time.

Cryptos allow us to heal and realize some very important aspects of life and give many people a fresh start. Crypto has given me and millions of others some serious energy to make it all work, as we see the potential applications and the positive consequences of that. Crypto allow humans to take back control of their lives, enact new laws, make businesses run better, reduce monopolies, corruption & crime, poverty and economic anxiety.
Probably, this all will play out over the next decade as aspects begin to emerge. We might see governments and businesses being changed & transformed to a better one, almost in ways we never thought possible, nearly over-night in some cases as we see the Inside news.

PS: If someone can answer my Curiosity, please give me a valid reason as to why Mr. Satoshi Nakamoto, the founder of Bitcoins, had to hide his Idenitity instead of grabbing this opportunity of getting Rich & Famous. I know it might be a Stupid question with an obvious answer, but yeah, it is making my Curiosity even more thirsty.

$0.27

5 votes

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greatvideos (59) 6 years ago

Man you are amazingly good at opening up and truly showing what you are made of!
A great great Steemian
You really deserve to become a Trending page contender for some of the stuff you are saying/doing!

Blockchain Technology is for our young generation,, I don't expect my father to understand it and vision the future of it, but we the young generation love it and our kids will have the opportunity to have a fair system that prospers and protects their interests

I guess Sathosi Nakamoto preferred to give a boost of popularity in that way and another thing is it stayed away because it believed it was better to avoid taking heat from governments or from those that are against Cryptocurrencies

I personally hope I will one day become a master at Blockchain Technology and build applications on top of it!
We have so many new things to deal with now thanks to Blockchain Technology!
I must say I am truly Addicted!

Thank you very much dropping by

I am Looking forward to have you around and hopefully we can work something out together!

$0.11

2 votes

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pataty69 (65) 6 years ago

Cryptocurrency is the future. Many countries accept already as payment of taxes. Some are creating own crypto like Venezuela PETROS. And big banks all over the world are using now or in trial mode.

$0.22

2 votes

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achainblockchain (45) 6 years ago

I've just seen a news that Japan Is accepting Bitcoin as a method of legal payment!
It is great to see such movements,,
How is all going for you, how long have you been the in cryptocurrency world for?

$0.15

2 votes

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pataty69 (65) 6 years ago (edited)

I began in June 2017 mining btc in hashflare. I already recieved double I invested and I placed in few exchanges were I made some trades.
with profits I choose invest in ETH, EDO Token an android wallet for ETH and all ERC20 tokens it adds automactly. XEM its NEM japanese coin used by 5 big japan banks MIJIN private blockchain in test for transactions, and ACT I started to hold few weeks ago but i want to increase my position, and I have too LEND, BTX.
I invest as well in Brazilian Bovespa in stocks.

$0.11

1 vote

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achainblockchain (45) 6 years ago

I am now over 2 years in Cryptocurrencies,, however I only made it public at the beginning of 2017
I've been trading but mostly engaging mostly with traders and kind of moderating a bit , like on Hitbtc
But kind of left trading for a career in developing and now I am trying my best to learn about Blockchain Technology
I know is a slow and long process but I am dedicated and I will have quite some help working with the Achain Team
Cryptocurrencies in my honest opinion are here to stay until we die and it will be part of our kids future too!

$0.12

2 votes

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pataty69 (65) 6 years ago

I pretend to be a ACHAIN holder so we will be together for a while
I start to put some coins in a wallet for my wife and for my daughter and stepdaughter

$0.09

1 vote

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barzah (60) 6 years ago

This is as I hope it is .. and I really agree with helping grow fellow steemians. Hopefully we will be successful together

$0.17

3 votes

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greatvideos (59) 6 years ago

Thank you very for joining me Friend!
We will definitely grow Together!
I am dedicated and it will all come together soon!
Keep Awesome Friend!
At any time come and drop me your latest article and I will gladly resteem it and Upvote it!