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  • 1 month later...

Bitcoin is slowly taking up the economic part of the world as a sensation. It will surely be taken up as a suggested use of monetary means to operate in businesses, that too, throughout the world. Within a decade people will understand that encryption technology is the right way to protect your money.

I have heard news that Intuit will take up the option to include bitcoin as an option to use as currency if Bitcoin prevails which I think would. I am waiting until Intuit launches this for QuickBooks Cloud Hosting platform as well. It will be exciting to use Bitcoin for professional as well as personal expenses.

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Yes, a bitcoin currency with great potential and demand for it will only grow over time. One thing that scares me about bitcoin trading is its instability. It often grows very sharply and many people say that it is a special manipulation of the currency. I don't like it very much, I like more stable currencies that bring stable earnings.

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New plans released by MasterCard suggest that the American financial giant is planning on launching cryptocurrency payments on its network. The plan is to release these options sometime this year. The company mentioned that it feels cryptocurrencies are becoming an important piece in the financial world.

Raj Dhamodharan, EVP blockchain and digital partnership at the company, revealed in a post that they will focus on protecting the consumer and complying with regulations before selecting its supported crypto assets. However, MasterCard has already started working on integrating some digital coins on its network. Furthermore, the company recently partnered with BitPay and Wirex to create its crypto cards.

I have little doubt Bitcoin is part of those plans.

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  • MrD unpinned this topic

Cryptocurrencies seem to be having a blockbuster 2021, having picked up well in the first four months of the year. Understandably, there has been a lot of noise over the digital assets. Many markets, which were earlier hostile to the idea, have started embracing it. Many industry leaders have issued ringing endorsements in their favour. The extent to which these virtual currencies have gained significance can be estimated from the fact that world’s largest index provider S&P Dow Jones Indices has started three new indices to exclusively focus on various cryptocurrencies.  The returns on digital assets have dwarfed the returns from stock markets – which experts believe are on steroids due to global liquidity. A new cryptocurrency has made a phenomenal impact on the market after making its debut on Monday. The digital currency, called Internet Computer (IC), has already achieved a market value of US$45 billion,(data source:kalkinemedia) making it one of the largest cryptocurrencies in the world.The usual suspects – Bitcoin (BTC) and Ethereum (ETH) are never far from the conversation regarding crypto. So, the fact that a newcomer - which relatively few people had heard of - made such a splash, it really raised a few eyebrows, to say the least.

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Abra’s CEO Bill Barhydt has announced that he is currently holding 50% of his net worth in Bitcoins. Abra is one of the leading digital-asset exchanges that has seen significant traction over the long term.

Barhydt took to his Twitter account on amping up his Bitcoins portfolio, saying :

“A few weeks ago, I increased my ownership of #Bitcoin significantly and it’s now 50% of my investment portfolio. Why? I believe #Bitcoin is the best investment opportunity in the world right now. There are three reasons I believe this to be true today…Fundamentals, Technicals, and Sentiment.”

Cryptoknowmics

 

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  • 3 weeks later...
Guest KatherineKing

Hi, thank you for giving a description of cryptocurrency in the beginning. It gave me a complete and clear explanation. Thanks
The comments gave a complete picture about it too! ☺️

Edited by KatherineKing
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Guest AndreaLambert
I know you're somewhere out there
Somewhere far away
I want you back, I want you back
My neighbors think I'm crazy
But they don't understand

Bitcoin is all I had, you're all I had

Music text
Edited by AndreaLambert
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  • MrD changed the title to BTC - Bitcoin Discussions

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