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This sounds as though it would be an internal blockchain used by the public but they would probably never know. Serverless and Dapps are the future the government is finally embracing it in its early stages so I imagine the private sector is well into testing and deploying. We just need to separate the mindset that all blockchain technology is like Bitcoin. Bitcoin is a horse and buggy compared to what is being done today.
 
Just printed 20 billion ArmandoCoin. Every major retailer will accept my coin. Each coin is worth 1 million of dollars, or 10000 gold bars, or 5000 space shuttles, or 1 off shore tax haven island.
 
Not all of them are bad for the environment and its easy to like your currency in the western world but corrupt countries like Venezuela with high inflation crypto can be a lifeline to not only survive but transfer wealth into and out of the country as well.
Transferring large sums of money into and out of most countries is illegal unless you inform the relevant authorities which is why crypto is so popular with criminal gangs.

I can see your point but a currency that can rise or fall by 30% in one day is more of a gamble than a lifeline for ordinary people.

Maybe a regulated dollar based digital currency would be better. It would need to be policed to keep out the criminals whilst providing a safe haven alternative to the local currency in countries with hyper inflation.
 
They are probably trying to add bitcoins, just to be able to say „We offer alternative payment methods, even if it’s not mass ready, but it’s an alternative.“

Can‘t innovate anymore my ass! 🤣
 
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Transferring large sums of money into and out of most countries is illegal unless you inform the relevant authorities which is why crypto is so popular with criminal gangs.

I can see your point but a currency that can rise or fall by 30% in one day is more of a gamble than a lifeline for ordinary people.

That’s how pyramid schemes secretly created by rich people and crooks work. Especially when they are promoted by top class criminal class of people like CNBC reporters. They tell hey desperate fool buy this 💩 and you buy this 💩 and then they dump your ass.

Gambling makes rich people richer and they sometimes allow some poors to win because then more poors come.
 
Transferring large sums of money into and out of most countries is illegal unless you inform the relevant authorities which is why crypto is so popular with criminal gangs.

I can see your point but a currency that can rise or fall by 30% in one day is more of a gamble than a lifeline for ordinary people.
Still not a good reason to ban it we could just go back to diamonds, gold, cash, people, intellectual property, art, cars, drugs that have worked throughout history to side skirt the big banks. Not all crypto fluctuates you can tie it to the Euro USD or basically any other currency in existence with stable coins that's where most people who depend on it put into not btc or eth.
 
Crypto is in the infancy stages. It started bad for the environment, but it is certainly moving away from that. This is why the first to the table currencies like BTC and ETH will likely be supplanted by EHT 2.0 when it rolls out. This is still very ground level stuff with a lot of room to improve and grow. It has created a lot of wealth. It's an easy target for those who misunderstand it as well. In addition to the tech benefits and other uses, this is the new Gold/Silver/Platinum for investors who want to hold a store of wealth outside of the traditional system.
 
That’s how pyramid schemes secretly created by rich people and crooks work. Especially when they are promoted by top class criminal class of people like CNBC reporters. They tell hey desperate fool buy this 💩 and you buy this 💩 and then they dump your ass.

Gambling makes rich people richer and they sometimes allow some poors to win because then more poors come.
When's this big dump I've been hearing about since 2010 going to happen? Kind of weird every major tech company and big bank along with governments are embracing blockchain technology to solve issues traditional computing couldn't.
 
The Apple Wallets, Payments, and Commerce (WPC) team is seeking an experienced Business Development Manager to lead Alternative Payments Partnerships.
Apple wants to get into processing crypto payments? 🤔 A 30 percent cut (even a 15 percent cut) of each ransomware payment would be quite profitable. All ransomware payments made directly through the iPhone/Apple Pay. 😀
 
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"Business Development Manager" = sales person. Not a "manager" in the traditional sense.

Er.

A business development manager is not a salesperson. They look at potential business strategies.

It's hard to fathom a company which prides itself on environmental awareness wanting anything to do with crypto currency

The article is kind of pulling a lot of info from a single word. Most of the job posting clearly isn't about cryptocurrency. It's literally only mentioned as one example of "alternative payment providers".

Or need to have the value of your money increase over time instead of decrease...
That's called an investment, not a currency.
 
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Er.

A business development manager is not a salesperson. They look at potential business strategies.



The article is kind of pulling a lot of info from a single word. Most of the job posting clearly isn't about cryptocurrency. It's literally only mentioned as one example of "alternative payment providers".


That's called an investment, not a currency.
Right, most of what people call "cryptocurrencies" are assets. And they can be easily exchanged for your local currency to preserve/increase value over time.
 
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Transferring large sums of money into and out of most countries is illegal unless you inform the relevant authorities which is why crypto is so popular with criminal gangs.

I can see your point but a currency that can rise or fall by 30% in one day is more of a gamble than a lifeline for ordinary people.

Maybe a regulated dollar based digital currency would be better. It would need to be policed to keep out the criminals whilst providing a safe haven alternative to the local currency in countries with hyper inflation.
you really don't understand what you are talking about so why say it? There is a lot to learn. This whole "crypto" thing is just starting. Fiat currency has NEVER worked. Look into it if you want. But the reason bitcoin can be something for the world is because nobody owns it. Nobody can print more magic money.
Again, early stages in volatility. When its 20 million dollars one day it won't be volatile. Just look at it 10 years ago to now. The volatility is not even close to the same it was.
Regulated dollar based? News flash. Cash is trash. When you can just print trillions of dollars of Monopoly money its already in the beginning stages of not working in the long run. Once again look up what fiat currency has ever survived. How is the dollar regulated when they can print whatever they want? Sounds like a bunch of fake money to me.
 
It's hard to fathom a company which prides itself on environmental awareness wanting anything to do with crypto currency
Not all cryptocurrencies have significant environmental impacts. Many of them do not use mining at all. Probably far less impact than Apple's mining for battery resources and our upcoming battery-powered-everything utopia.
 
Maybe a regulated dollar based digital currency would be better. It would need to be policed to keep out the criminals whilst providing a safe haven alternative to the local currency in countries with hyper inflation.
This has existed for a while and is actively in use. They are called Stablecoins. Some are backed by actual deposits, some are algorithmic. If you want to understand, here is a good explainer:
 
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