Author Topic: I realized something interesting...  (Read 4 times)

Offline administrator

  • Administrator
  • Newbie
  • *****
  • Posts: 38326
    • View Profile
I realized something interesting...
« on: November 10, 2019, 11:59:02 PM »
I made a recent post regarding exchange outlets.

In my conclusion,

Because of how still new cryptocurrency is, certain exchanges shut down their servers until they can reboot and come back online.

This is because of how crypto was introduced almost five years ago.

And as of thus my musings, and research...

Because of anything with secular reach, new and new companies will try and understand the cryptocurrency market. There is no global sanction ability, such as everyone accepting crypto as a social norm as per say the failing banking systems of this turning decade.

As a result everyone is updating their servers, shutting it off and on because of the influx of newcomers flooding servers with questions and how to create their own coin and basically its a engimatic problem that even I don't know how to solve, most are trying to figure out how to mine, and limit, hacker threat and as a result , the "pioneers of justice" for this crypto currency shift is similar to that of a jail being broken into.

Remember, this is symmetrical to the advent of the internet or iphone smart phone.

Some correlations to introducing a grand arbitrary concept such as cryptocurrency is that it has a fault of its own because of the huge success it yields. Anything that yields success has thwarted by naysayers and I believe, the exchanges I've used, they come back online.

I did a quick consenses, sorry for being sly, to see how aware you guys are.

Basically in a nutshell, anything new is subjected to scrutiny.

Hustrade, and Waxcoins, work. In my humble belief, because of the advent of crypto there are a lot of exchanges trying to keep their name from being tarnished by current disbelief and mongering that crypto currency is not beneficial.

I'm actually from india, and various parts, think BitCoin, "In cultural norms, Bit'' Is actually perscribed as "cheat". In school if we "bit" with each other, we copy down each others answers.

On a grand scale, because of ignorance a vast majority are still trying to sort this out so this currency can either co-exist with physical currency, or just translate everything into cryptocurrency.

So you see, I realized not everyone knows, they know enough but on a global scale, there are thousands of rising countries, under developed and developing to become a part of the union to legality and understanding how, "Cryptocurrency" is the way of the future.

Its funny, people are learning blockchain in my country, and when I ask them what it is it, they have no clue how to explain, it exists, it works, and we should all do it to. This is beneficial to understand because crypto maybe in a decade or so will globally occupy the financial market.