Should You Really Cryptocurrency Explained

Bitcoin Q&A: Does the price matter for adoption?

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Bitcoin Q&A: Does the price matter for adoption?

Bitcoin Q&A: Does the price matter for adoption?

M.J. asks, “Does price matter?” “If bitcoin does not greatly increase in value relative to goods and services, as well as fiat currencies, can it still disrupt banking, prevent governments from stealing their citizens’ savings through currency debasement, reduce corruption, and / or prevent unnecessary warfare funded by money printing?” Yes, I think cryptocurrencies can […]

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Bitcoin Q&A: Lightning Network game theory

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Bitcoin Q&A: Lightning Network game theory

Bitcoin Q&A: Lightning Network game theory

“Can the Lightning Network rules be changed and updated easily, unlike [the Bitcoin blockchain], which requires super-majority consensus (almost everyone must agree) for simultaneous upgrade?” “Can groups of users use different variations of the channel rules and form a separate sub-network, with or without maintaining compatibility to the entire Lightning Network?” That is a really […]

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Ethereum Q&A: How do smart contracts work?

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Ethereum Q&A: How do smart contracts work?

Ethereum Q&A: How do smart contracts work?

The first question is about smart contracts. “How are [smart contract] operations conducted without having middlemen?” “Who does them? Can you please give us some real- world examples? Which application is best for it?” When a smart contract is executed, it is a software program [validated by] every single participant in the smart contract platform. […]

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Bitcoin Q&A: Criminalization of ownership?

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Bitcoin Q&A: Criminalization of ownership?

Bitcoin Q&A: Criminalization of ownership?

Somebody asks, “What are your thoughts on the U.S. Senate Bill S.1241 to criminalise concealed ownership of bitcoin?” I have read the language of the bill. First of all, in order for this to become law, it has to be considered by the Senate, then the House, reconciled in committee if there’s two different versions, […]

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Bitcoin Q&A: Lightning Network game theory

and

Bitcoin Q&A: Lightning Network game theory

“Can the Lightning Network rules be changed and updated easily, unlike [the Bitcoin blockchain], which requires super-majority consensus (almost everyone must agree) for simultaneous upgrade?” “Can groups of users use different variations of the channel rules and form a separate sub-network, with or without maintaining compatibility to the entire Lightning Network?” That is a really […]

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Bitcoin Q&A: Enterprise “blockchain” gentrification?

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Bitcoin Q&A: Enterprise “blockchain” gentrification?

Bitcoin Q&A: Enterprise “blockchain” gentrification?

[AUDIENCE] Hi, I’m just wondering… Let’s say that 5% of the total population get out of their comfort zone… and they move to cryptocurrencies. When do you think that this gentrification will come, [a push toward] mainstream user friendliness? [What will the effect on the crypto] community be then? Will [we] say, “This is gentrified, […]

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Ethereum Q&A: Smart contracts and law ambiguity

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Ethereum Q&A: Smart contracts and law ambiguity

“Are smart contracts agreed upon, or are they more a way of saying, ‘This is how I function. If you want to interact with me, you [must] follow these rules’?” Gabriel, I think part of the challenge here is, the words “smart contract” is very confusing for many people. The [term] “smart contract” leads people […]

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Bitcoin Q&A: What are “bitcoin days destroyed”?

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Bitcoin Q&A: What are “bitcoin days destroyed”?

Bitcoin Q&A: What are “bitcoin days destroyed”?

On “bitcoin days destroyed,” Grinners asks, “Bitcoin days destroyed is calculated by taking… the number of bitcoins multiplied by the number of days since those coins were last spent.”‘ “What is the significance of this? What does this actually tell us?” It gives us an idea of the maturity of coins, how often coins are […]

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