Why ban Cryptocurrency?
Bitcoin is now more than 11 years old, and many countries in the world still do not have the designated systems that are specifically meant to control, restrict or regulate cryptocurrency as a legal tender.
Although, the decentralized and anonymous nature of Cryptocurrency has challenged many governments on how to allow the legal use of cryptocurrencies while preventing criminal transactions.
Perhaps, could they have been afraid of the huge price volatility?
Many countries are still analyzing ways and methods to regulate the cryptocurrency for efficient usage in transactions.
Obviously, Cryptocurrency remains in the gray area for much of the whole world which implies that transactions can be done with or without going the the proper financial institutions and regulatory systems.
Properly maintained and monitored digital-financial regulatory systems and bodies can be put in place to ensure normal usage of cryptocurrency and as a major revenue generation stream.
The world is dynamic.
Cryptocurrency wallets
The variety and multiplicity of cryptocurrency that can be traded on different wallets, this is of a huge concern to people who trade varieties of coins or tokens. For people that are into BTC, TRX, BCH, XRP, STEEM, ETH, EOS, XRM, DGB, DOGE, TAT...etc. It doesn’t make any sense creating over 10 wallets just because you want to trade these cryptos, Just one or two wallets that encapsulates these varieties is suitable rather than creating many wallets which may end up being useless.
Which cryptocurrency wallet is the best, suitable and actually comfortable? Big question, those wallets that are close to be suitable are actually going to suffocate you with gas fee or unnecessary outrageous charges.
Even if the wallet won’t trade all of the above, a reasonable number is acceptable. The popular wallets found to be reasonable will state that “this (crypto) is not tradeable in your region” or “this wallet does not support this (crypto)”
Trading on these wallets is another problem entirely, apart from the outrageous charges and unreasonable gas fee the charge, trading with them directly stand to be a challenge for some people, these wallets put the minimum amount of a particular crypto you can buy from them as an amount above average from what people can afford. It’s non encouraging and heart breaking.
The question is, which crypto wallet that is most suitable?
You
Be the happiness you want for yourself, nobody is coming from anywhere to change anything in your life, they can only come to be the toppings on your ice cream.
You have to create and be that which you want you want for your life, set yourself on that track of ambition you want in life.
You’re the architect, surveyor, contractor, laborer, constructor, engineer of your own success or failure, don’t expect anybody to come through for you. Even when they show up for you, it’s very rare and it’s by Gods grace, appreciate it.
Laugh or smile
Always take time to laugh or smile everyday, 5 minutes of laughter a day keeps the doctor away.
You tend to look much more brighter when you laugh or smile, take some time out to laugh, ease the tension around you, life is not as hard as you think.
Life is beautiful, put on a smile and enjoy every moment of life.
Don’t let a bad day ruin your beautiful face, take time out laugh or smile and enjoy life.
Beware of scam
The rise of money doubling these days is very alarming, Ponzi schemes are now properly disguised as cryptocurrency mining and forex trading platforms. These people run a pyramid scheme which means that the person above you makes money more than you and when you add people under yourself, you’ll make money more than them and those you add must surely add other people too. This is a Ponzi scheme and people will lose their money, it’s bound to crash at any time.
BEWARE OF SCAM!!!
They’ve started using terms like “Networking” “Referrals” which were initially used for involvement of people in normal activities and getting people to be aware of something or usage of a particular app or service.
Cryptocurrency trading and mining is not a Ponzi scheme and forex trading is also not a Ponzi scheme, scammers have now integrated their plot into these two businesses.
Beware and stay safe, don’t get involved in anything that requires “you will bring two people who will also bring two people and who will also bring two people...”
Inform others too.
@Jibmann
