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2879 Views | Submitted 1 month ago

15th of July week in review - comment and win 100 1UP tokens!

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Victoria Haruna 1 month ago

To me, News 2 - Bitcoin Ransomware that infiltrated 100 US Enterprises Spreads to China has the biggest impact on the crypto market. We all know that the issue of Virus in the system is a really bad one.
Now, getting the virus detected is a huge feat.

With this, they would be solutions to curbing the spread of the virus and this would further impact greatly on the crypto market.

Ilin Kazandzhiev 1 month ago

Thank you for your feedback. You are in! :)

Ilin has donated 100 points to Victoria Haruna 3 weeks ago

Danyo Yo 1 month ago

I think that the first news, the Libra discussions, has the biggest impact on crypto world, whatever the outcome of these discussions, the benefit brought by this advertising will be huge.

Ilin Kazandzhiev 1 month ago

Yes Danyo, I agree with you! 

Luke Brenland 1 month ago

Thanks for the updates Ilin and i hate to say it but the hearings for Libra seem to be very hot news and i have seen that make an impact everywere! 

Ilin Kazandzhiev 1 month ago

I agree with you, Luke. Even the news of Libra is everywhere...

Josh Monrreal 1 month ago

This past week i think the biggest impact on the crypto market had to be Trumps comments and the Libra situation with Facebook. The U.S Government and Facebook already have a rocky relationship with each other. Them getting into Crypto is a major step into adaption and i dont think the government wants that. Facebook can reach Millions of users. 

Ilin Kazandzhiev 1 month ago

At first look Libra might be good... But I don't have a good feeling about it.

quinto mudigo 1 month ago

The US governement fears Libra because Facebook which is behind Libra almost control 90% of US data. If Libra is being launched, US Banks will be in high trouble. The revenue collected by US will decline because Libra will be considered as a decentralized bank which is not the case because facebook is a cetralized organization. The US government will not be in a position to know whether Facebook will be paying the right tax towards its economy. VISA cards, master cards, and paypal which have partnered with Libra will actually make US to loose a lot of revenue in terms of tax evation. Many people not only in US but also in other parts of the world will not see the need to go to the commercial bank and deposit their money over there. The governemnt all over the world will be in high trouble because of this thing called Libra. I don't see the US governemnt stoping libra unless they shut down the internet which is very impossible


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