Nice. I upvoted but I am still sceptic about it. So many scams, so volatile markets, so many (creative) ideas how to pull the money out of people. Maybe that's a "side effect" of this new era which we are about to enter. In german "Kinderkrankheiten" of this new system. But we all should keep an eye on the risks. And we should always keep asking on any new "startup" idea: who benefits REALLY? Cui bono?
These problems however have nothing to to with f.e. Bitcoin itsself. It is just a market where many people hope to make fast and good money. Therefore some are not cautios enough. And those suffer a great risk to some black sheep who try to rip them off.
True that: And we should always keep asking on any new "startup" idea: who benefits REALLY? Cui bono?
great, thats what I was thinking when I first heard of it and started with crypto. But then I heard that in my home country Germany I have to pay taxes on the profits. so I did some more research and found out about all these debit cards, especially about the tenx and im now thinking of ordering one of these. but still im wondering if I have to pay taxes when using this card. if yes, I could also go back to fiat. am I right? talking about the "currencies" and not about all the other projects build on blockchain technology. please correct me if Im totally wrong. upvote
Natürlich müsstest du bei einer Karte theoretisch auch Steuern bezahlen, wenn die Coins während sie dort lagern an € Wert gewinnen. Ob du die Währung nur zum Bezahlen rücktauscht, oder einfach so in FIAT-Geld umtauscht, bleibt vom Prinzip her gleich ;)
Personally I believe that the focus on the speculation is detrimental to the technology of cryptocurrency. People care way too much about the price and not enough about the code. The whole bitcoin civil war is more about the price than what's better for the bitcoin.
I wouldn't necessarily say the bitcoin civil war is about the price. Majority of it is scalability to ensure that it can be adopted at some point for a mass amount of daily transactions (like fiat is today)
Well yeah it's about scalability. But emotions are running high and those are because everyone has money invested. And the worst part is that different factions have the money invested in different things. Bitcoin thus remains a rope in a tug-o-war. There are genuine people who believe in one solution or the other, but mostly people just want their investment to grow.
On the one hand, the focus on speculating makes f.e. Bitcoins popular and gets news created. On the other hand, it's high prise kinda holds it back from being spent on a regular basis. In my opinion, Bitcoin will be the crytpo-gold in the long run - other coins will take the area of daily use!
Ich feiere es gerade ab, wie du die Strategie anwendest und es aufgeht ;D
:D
Nice. I upvoted but I am still sceptic about it. So many scams, so volatile markets, so many (creative) ideas how to pull the money out of people. Maybe that's a "side effect" of this new era which we are about to enter. In german "Kinderkrankheiten" of this new system. But we all should keep an eye on the risks. And we should always keep asking on any new "startup" idea: who benefits REALLY? Cui bono?
These problems however have nothing to to with f.e. Bitcoin itsself. It is just a market where many people hope to make fast and good money. Therefore some are not cautios enough. And those suffer a great risk to some black sheep who try to rip them off.
True that: And we should always keep asking on any new "startup" idea: who benefits REALLY? Cui bono?
Aber insgesamt sicher eine gute Sache :)
great, thats what I was thinking when I first heard of it and started with crypto. But then I heard that in my home country Germany I have to pay taxes on the profits. so I did some more research and found out about all these debit cards, especially about the tenx and im now thinking of ordering one of these. but still im wondering if I have to pay taxes when using this card. if yes, I could also go back to fiat. am I right? talking about the "currencies" and not about all the other projects build on blockchain technology. please correct me if Im totally wrong. upvote
Natürlich müsstest du bei einer Karte theoretisch auch Steuern bezahlen, wenn die Coins während sie dort lagern an € Wert gewinnen. Ob du die Währung nur zum Bezahlen rücktauscht, oder einfach so in FIAT-Geld umtauscht, bleibt vom Prinzip her gleich ;)
No doubt. Decentralization is the concern.
Personally I believe that the focus on the speculation is detrimental to the technology of cryptocurrency. People care way too much about the price and not enough about the code. The whole bitcoin civil war is more about the price than what's better for the bitcoin.
I wouldn't necessarily say the bitcoin civil war is about the price. Majority of it is scalability to ensure that it can be adopted at some point for a mass amount of daily transactions (like fiat is today)
Well yeah it's about scalability. But emotions are running high and those are because everyone has money invested. And the worst part is that different factions have the money invested in different things. Bitcoin thus remains a rope in a tug-o-war. There are genuine people who believe in one solution or the other, but mostly people just want their investment to grow.
On the one hand, the focus on speculating makes f.e. Bitcoins popular and gets news created. On the other hand, it's high prise kinda holds it back from being spent on a regular basis. In my opinion, Bitcoin will be the crytpo-gold in the long run - other coins will take the area of daily use!
sehr schön, da ist was wahres drin. hoffentlich wird die Freiheit nicht durch etwas was wir noch nicht kennen vielleicht wieder manipuliert wird...
An was denkst du da z.B.?
What I know about cryptocurrency is they are digital money. That's it.. right??? =D
That's a part of their purpose - Their biggest plus however is the blockchain ;)
A wonderful post. I like your motto...I want to make the world a better place also.
I gave you a follow.
Thank you :)
@theaustrianguy Truly meaningful and purposeful post ! Thanks I found it really interesting! Upvoted!!! Cheers!
Kindly check out on: MyLatestPost and Comment/Upvote. :)
That is a great thought! Thanks for sharing!