I started this poll, following a suggestion by Mohammad Soubra in a topic next door.
It's not cryptocurrencies.
Also, the fed can print as much extra dollars as desired.
But did you know that it is impossible to print for example, one extra bitcoin ?
How should we call them Marco ?
I guess the desire to offer the instrument was high, and they didn't realize that they were unknowingly exposing their game.
Please see this: https://youtu.be/ZloHVKk7DHk?t=4m30s
Interesting video, I have to see it again carefully to understand all its aspects.
I think you have to make a distinction:
add 1) The blockchain technique does indeed has the power of a game changer as it allows banks to make any kind of deals directly without a third common party like the national banks for a money transfer between banks of different countries with different currencies. Nowadays the securities are normally hold by a depot bank like e.g. Clearstream. It could be the end of this kind of banks!
There can not be a distinction between cryptocurrency and it's blockchain.
The proof of ownership of the cryptocurrency lies inside the blockchain.
This is exactly what creates the dilemma here, because it means that if you are holding cryptocurrency, you should be able to prove this by transaction ID.
Due to the limited supply and the exact blockchain order book there is no way to tamper.
So every new position you open, as well as every position you close, must be made visible by a transaction, inside a block thats on the blockchain.
If that is not the case, you are not trading a cryptocurrency... it's quite simple.
So you can also wonder how does leverage come into play here, or if it's not real cryptocurrency, then what is it ??
also, I'd like to advice Marco also to open a topic about the bitcoin by his leadership similar to what Sergey doing in another currencies.
also, I'w like to advice Marco also to open a topic about the bitcoin by his leadership similar to what Sergey doing in another currencies
That would be great, Marco has a lot to teach us about bitcoin and this "new world" of opportunities.
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