Predictions of Blockchain & Crypto Currency
By this time everyone would have heard these terms crypto currency and block chain. Bitcoin being the mostly known name but bitcoin is only one application that use blockchain technology. In other words block chain is a technology and BitCoin is only one applications that runs on that platform.
Bitcoin has been called “digital gold,” and for a good reason. To date, the total value of the currency is close to $9 billion US. And blockchain can make other types of digital value. Like the internet (or your car), you don’t need to know how the blockchain works to use it. However, having a basic knowledge of this new technology shows why it’s considered revolutionary.
Its a pier to pier digital network user to do online transaction without needing a bank involve so surely the regulatory departments such as banks and Govt will have their say in it. Japan has recently legalize Bitcoin but other countries have not.
Our predication is this could be the next big thing
What’s your though?
Is Bitcoin bubble about to pop?
Short answer is yes.
Long answer is – Govt and Tax department likes to know how and where is money is going at all times. There are currently no real regulation in place to control and identify people who actually owns it. Its leaving it open the money getting into wrong hands.
Do you agree?
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