Why cash is better than debt wealth? Сash is the actual money, i.e. common liquid commodity, not a promise to provide such commodity. Cashless money is promissory notes cleared by cash. Cash transactions are untraceable, they’re anonymous and decentralized. They require no third party involvement, and, as opposed to bank.
Quite often, our understanding of a cryptocurrency is limited by what we found out about it in media or on forums.
Rumors of Ukraine’s largest commercial bank PrivatBank inevitable nationalization have been circulating for a long time. One may only guess whether the new record set at Ukraine’s LocalBitcoins last week has anything to do with that; however, the USD exchange rate in Ukraine definitely has, as millions of the bank’s.
According to recent researches by Facebook and MasterCard, majority of young people don’t trust traditional banks, favoring new fintech services instead.
In 2016, a set of amendments to anti-terrorism legislation, also known as the Yarovaya Package (called so after the Russian Duma deputy Irina Yarovaya who initially proposed the measures) has become the most crucial event in the recent history of Russian IT industry.
For just over two years now, in the very heart of Prague, a conceptually and practically unique establishment called Paralelní Polis has been working to bring together the leading figures of cryptocommunity.
In recent months many bitcoin users have been complaining about their transaction taking hours to get confirmed. Indeed, this happens quite often, and some users think that increasing a transaction fee could save the day. But is this really a remedy?
After our earlier feature on the accusations addressed to Kibo by some community members was published, ForkLog has undertaken its own investigation with experts, developers, lawyers and active members of the Russian-speaking cryptocommunity providing their assistance.