In our “National Cryptocurrencies” section, we cover government-backed digital currencies and state initiatives related to blockchain technology. Here you will find news about central bank digital currencies (CBDCs), national crypto projects, and the role of digital money in modern economies. Read the “National Cryptocurrencies” section on ForkNews to stay informed about how countries are developing their own digital currencies.
The process of making money would not be so exciting without the awareness of the opportunity to spend it on anything and anywhere. When it all started, most of the use of Bitcoin was for gambling, buying dubious goods and stock speculation. Today, the possibilities that cryptocurrency opens up seem endless.
The legal leapfrog that has developed against the backdrop of futile attempts by regulatory authorities to regulate the “unregulated” cannot but attract attention. But in fact, all this excitement and hype, artificially inflated by state regulators around bitcoin and altcoins, can best be described in the words of Kozma Prutkov, “No one will embrace the immensity.”
Today we'll talk about Ripple. This currency is not a crypto in the usual sense; it has a number of features and nuances. The creators, using blockchain technology, offer the world a bold and unusual solution in the financial world. We consider Ripple more of a convenient financial service, a tool in the banking sector.
Post-New Year analysis of cryptocurrency pairs Ripple/USD and Bitcoin/USD
Belarus has actually become the first state in the world to create special conditions for the use of blockchain technology. Programmers feel like a “privileged caste”; Belarusians hope to get rich from mining, and in a completely legal way. Minsk Nuclear Power Plant plans to use its capacity for cryptocurrency mining.
The chief economist of the large European company Allianz, Mohamed El-Erien, in his column on Bloomberg, expressed the opinion that 2018 will be decisive for BTC. “This sharp price correction will either be a catalyst and increase the already huge interest of traders in the new market, or it will be the thing that punctures this remarkable bubble,” writes El-Erian.
We say goodbye to you... this year. And we promise to please you with interesting news and analytical articles on January 2nd.
It remains unclear: will Bitcoin continue to grow at the end of this year or only at the beginning of next? We place our bets, gentlemen!
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