Forum Posts

Lisa Lisa
Jan 30, 2022
In General Discussions
Not a single Central Bank in the world will give up the right to dispose of financial flows. Each state will protect its exclusive rights to print money. Surely financial institutions will take the most useful for themselves from the idea of ​​blockchain. Many states are seriously considering the idea of ​​introducing their digital currencies into everyday life. Such a discussion is actively conducted in the Russian Federation. Conceptual, unified policy demonstrating unity in this direction, the experts and the financial institution do not yet have. However, it is clear that this will not be a state cryptocurrency. If a positive decision is made, the Central Bank will become the issuer, ensuring the existence of the digital ruble with its assets. The state does not intend to create an environment for the competition of its digital money with fiat money. It is assumed that digital money will greatly simplify, secure, and speed up interstate settlements. The low cost and the ability to conduct instant transactions will be the main advantage of digital government coins. In the domestic market of the state, only the national digital currency will be in circulation, which can be used to pay for all services and goods. At the same time, the share of international currencies that are currently used in cross-border settlements will sharply decrease. So far, the prospects for the promotion of crypto assets are very vague. This gives a field for the possibility of quick enrichment, active cryptocurrency enthusiasts skillfully using virtual coins to play on the stock exchange. The opinions of various experts, politicians, financial institutions regarding the development of bitcoin or other virtual coins are not unambiguous. Cryptocurrency technologies have many followers and opponents. The rapid digitalization of the market and high volatility make crypto assets an ideal financial instrument for traders. Pessimists are sure that this is only a temporary hobby, which will soon come to naught. So far, it can be stated that while cryptocurrencies are only beginning to seriously affect fiat money, they may become an important part of financial flows in the future. Already today there are countries where you can pay for any services and goods with virtual coins. Even the purchase of bitcoins is already possible through the similarity of ATMs available in stores, banks, public places, and not just on the Internet at the stock exchange or from hodlers. Having studied the table of profitability of cryptoassets, we can confidently say that interest in virtual money will steadily increase.
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Lisa Lisa
Dec 03, 2021
In General Discussions
Bitcoin wallet is the first thing to install on your computer when mining btc in 2018. It is impossible to mine bitcoins without a storage location, since the btc wallet works as part of the bitcoin blockchain. What is a Bitcoin wallet and how it works. Unfortunately, few people know this. You need to figure out how to store cryptocurrency and what a bitcoin wallet is for. Types of Bitcoin wallet keys A bitcoin wallet is a computer program that stores all the records of transactions on the bitcoin network. It receives data about transactions throughout the system and is stored in the public domain. That is, any Bitcoin user can see to which addresses, in what quantity and when btc was moved. A Bitcoin wallet has a number of keys that are needed for it to work. Private key. This is a randomly generated 256-bit number that serves as the wallet's personal identity on the network. It is a sequence of 16 numbers and symbols: E9873D79C6D87DC0FB6A5778633389F4453213303DA61F20BD67FC233AA33262; Public key. It is generated from the private key of the wallet by solving a special cryptographic formula (elliptic equation). The key is 512 bits in size and is also written as a sequence of 32 characters: 0499B4B0FB28848277DCF15C5EB78B80D9E560D55770EA897CFBEC7E85B8B62C8F8685F4211DF935A5FA20664A7F596358ED25D74FB6F5E53B3B3F596358ED25D74FB6F5EF53B3 The public key always starts with byte "04"; Address. It is created from a public key by hashing (converting an array of data into a string of characters of a certain length) - this is exactly the code that a user of the Bitcoin network sees on the screen. Usually these are 27-34 numbers and letters of the Latin alphabet: 14qViLJfdGaP4EeHnDyJbEGQysnCpwn1gZ. The address is generated only if there is a private key - the reverse sequence is impossible to guess. Thus, the anonymity of the bitcoin wallet is achieved. It is impossible to hack it, unless the owner himself has provided all the data to the attackers with his own hand.
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Lisa Lisa
Jun 20, 2021
In General Discussions
My firm has been around for almost two months and I am now thinking about finding accounting help in the UK. Can you recommend good accounting services to me?
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Lisa Lisa
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