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“If any of the above real world, national or regional currencies starts losing its value or falls victim to currency speculators or face any other dangers, not only would the central bank which backs that currency will take action to protect it, the government of that nation too would take supportive action too. Cryptocurrencies are not backed by any central bank, government or financial entity. In fact, and as a consequence, cryptocurrencies are viewed by governments and central banks with trepidation, scepticism and intrigue. Cryptocurrencies by their very concept are beyond the purview of traditional governmental-central bank currency framework, though not outside the economy, nor illegal.”

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“Looking at cryptocurrency as an asset, we can say a cryptocurrency is a form of digital or virtual asset securely encrypted based on decentralized networks distributed across several computers. It is only available in digital forms.”

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Book:Mastering the Crypto World: Understanding and Trading Cryptocurrencies for Profits
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“Cryptocurrency is here to stay, so we hear on cryptosphere everyday. But there are some fundamental situations that needs to take place for this speculated ‘store of value’ to really have its foot to stand on, and that is, government’s ability to enforce taxation on businesses and individuals making gains with this currency. So, either we like it or not, crypto taxation needs to be enforced for government to really entertain any form of adoption. Asian countries dominates the cryptocurrency spaces but the governments are finding it a bit hard to really tax crypto transactions.”

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“As of today, the majority of Asian countries are still examining crypto technology and drafting their regulatory outlines. Better crypto tax regulations should come in the next few months or a year from now. Now, we can settle the argument on crypto taxation laws enforcement. It is very certain that it is just a matter of time for this event to unfold, collecting capital gains tax is just a time bomb waiting to explode in the cryptocurrency space, or else, the government will place outright ban on these commodities.”

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“Several business sectors, companies in healthcare, financial services, agriculture, as well as other entrepreneurs and solopreneurs are rushing to adopt the blockchain technology and secure their financial transactions to provide a clear record book among individuals with the digital coin’s technology, “cryptocurrency.” Meanwhile, many of these businesses are doing so basically because of the fear of being left behind (FOMO), without having crystal understanding about the basics of blockchain technology and how it should be applied to optimize their business performances.”

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“In a world where public and private ways of living are two options, you have to choose from, blockchain technology comes in handy in balancing the equation. Blockchain technology is one of the hottest trends in the world today, especially with Europe’s General Data Protection Regulation (GDPR) being implemented recently. Private The crypto industry is seamlessly growing in value and importance, and there are currently about 2.5 million products from reputable merchants across the globe that can be bought with the use of bitcoin today.”

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“In a world where public and private ways of living are two options, you have to choose from, blockchain technology comes in handy in balancing the equation. Blockchain technology is one of the hottest trends in the world today, especially with Europe’s General Data Protection Regulation (GDPR) being implemented recently. The crypto industry is seamlessly growing in value and importance, and there are currently about 2.5 million products from reputable merchants across the globe that can be bought with the use of bitcoin today.”

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“The cryptocurrency industry, powered by blockchain technology, has been dominated mostly by male while the traction of the female participants aren’t much to write home about. Until recently, the world of technological advancements have witnessed men taking charge but some exceptional women are now challenging the status quo and same thing goes for cryptography space, hence we have some powerful women in cryptocurrency industry reshaping the way we think of it.”

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“As the government of different nations, through the Central banks, are making adoption of Blockchain products difficult for the people, which in return, affects the bank's profit, it won't be long until some of these traditional institutions find a way to circumvent it and create a backdoor loop that would blow everything out of water.”

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“The government wants to fool its people by doubling the minimum wage but at the same time printing more than enough money into circulation. We can't solve problems by creating more problem for generations to come which is why Bitcoin and some other decentralized finance applications powered by blockchain technology looks to be our only hope of creating a better future.”

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“Innovation is not always liked in its early stage until it becomes a public point of discussion and interest. Bitcoin was like the Internet of the early 20s, and today we all use it. Most aspects of our lives revolve around the internet, the same way blockchain technology and other decentralized apps (DApps) will become mainstream solutions to our world in the future.”

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