13376 Views | Submitted 4 months ago

10 Cities That Are Bitcoin Hotspots

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Romana Grubesic 4 months ago

@Shady how would you comment adoption in mentioned area?

Shady Ahmed 4 months ago

Thanks for passing @romana soon normal money will be small useing in normal treading of our life. 

Romana Grubesic 4 months ago

It was hard to miss considering the number of upvotes. Normal money like Fiat? I doubt it due to complexity of entire monetary system and it's dependency upon economy. But I meant adoption in that specific area? 

Shady Ahmed 4 months ago

The basic problem in bitcoin had now cash cover like money and gold each of them is covered by them self .so alot of people think this opinion but this point realy missing in understanding what bitcoin is and how it works. 

Romana Grubesic  4 months ago

You mean Fiat is covered with gold?

Shady Ahmed 4 months ago

No. What i mean before any currency go trading in market the governments covered it by gold in her banks to set the value instading the price market. Thats not happening with bitcoin it is go direct in market and began treading with out any cash cover or gold by government so we see different prices to it up and down against the different normal currency .

Romana Grubesic  4 months ago

Only 5% of currencies in the world are covered with gold. That coverage was replaced with economy coverage, but wven that is not enough. Onnthe ither way, true is that btc is not covered with anything, but that is not something that will help with adoption. 

Thnx for chat :)

Cesar Teran 4 months ago

interesting information to have knowledge where to use them, and so that others are encouraged to receive payments in this currency







Bitcoin is a cryptocurrency, a form of electronic cash. It is a decentralized digital currency without a central bank or single administrator that can be sent from user-to-user on the peer-to-peer bitcoin network without the need for intermediaries.


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