Wednesday, August 1, 2018

LEAH STOKES on NAT RICH piece in New York Times: a Twitter thread

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2 comments:

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this situation isn't to suggest, however, that the markets aren't vulnerable to price manipulation; it still doesn't take significant amounts of money to move the market price up or down, and thus bitcoin remains a volatile asset thus far. what if someone creates a better digital currency? that can happen. for now, bitcoin remains by far the most popular decentralized virtual currency, but there can be no guarantee that it will retain that position. there is already a set of alternative currencies inspired by bitcoin. [url=https://brouns-x.ru]smart passive income 005[/url] it is however probably correct to assume that significant improvements would be required for a new currency to overtake bitcoin in terms of established market, even though this remains unpredictable. bitcoin could also conceivably adopt improvements of a competing currency so long as it doesn't change fundamental parts of the protocol. transactions. why do i have to wait for confirmation? receiving notification of a payment is almost instant with bitcoin. however, there is a delay before the network begins to confirm your transaction by including it in a block. a confirmation means that there is a consensus on the network that the bitcoins you received haven't been sent to anyone else and are considered your property.

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