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cryptocurrency

 
Author rodzlagus
Partaker
#1 | Posted: 15 Jul 2017 01:38 
any talk about cryptocurrency here.?

Author Paul
Lead Developer
#2 | Posted: 15 Jul 2017 19:32 
It was time to talk about it when nobody trusted BitCoin could cost two thousands dollars :)
As usually, only a few "lucky men" (who knew how and were able to) got into the flow and now they are millionairs... that's mostly all about talking.

In general, if you'd like to talk about the currency, let's clarify what the currency is... It's a money system of one country in relevance to the money system of another country. If so, what is a "crypto currency"? What is this "currency" related to, one algorithm to another?..

Author Guest
#3 | Posted: 18 Jul 2017 15:22 
My thoughts are, the crypto-currency is more about making it out of the government's control. It doesnt have central institution which issues it, it's more likely a "money torrent" project.

Author Paul
Lead Developer
#4 | Posted: 23 Jul 2017 21:29 | Edited by: Paul 
It would be a great idea, but you can not skip the Government. If you pay your appartment or house service rent, incl. electricity, water and sometimes gas expences, you could never pay it in virtual currency, because Government will never accept it in their accounting. NEVER. Yes, you could pay, in virtual money, some private services which may accept it, but it ends in Government money exchange anyway.

Now let's imagine there are no countries, no governments, and no "static" currency - so everyone switches to the virtual currency. Then there will be more virtual (crypto) currencies than now there are countries. As proposed by a crypto currency, it is limited.

But think carefully, it is limited not to its own - it's limited to the human kind.

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