Is Bitcoin Anonymity Really Any Good?
We currently have an ecosystem in most cryptocurrencies when the issue of anonymity and privacy of cryptographic transactions is discussed in depth, even so what is really negative is that due to the proliferation of computer cybercriminals and spies, many Criminals now place great importance on anonymity and often hire other clients with encrypted computers to have high-quality information and communications. Over the years, one of the most important keys to data regulation has been the importance of the privacy of its users. For this great reason it is of the utmost importance that exchanges such as Coinbase or Binance, which are the most popular in the population, in this case these cryptocurrency exchanges ask their clients and employees for identification before they can use the platform in order to maintain security. and keep the platform free from cybercriminals. The so-called "Stablecoins" are totally digital cryptocurrencies that are backed by many reserve assets in which fiduciary money usually stands out, which are currencies in circulation or precious metals such as silver, gold or even oil or explaining it in a more simple can be protected by an algorithm, in order to keep its value stable for users. Today they are able to keep up with the increasing needs of the market and investment.
That is why I advise not to be afraid, I am here to mention some issues because although today's world of digital transactions can be very complicated and extensive to explain, it is totally possible today to request hundreds of organizations that do not have in their possession the decision that leads to the need for investment as is the case of Warren Buffett, who has been the greatest investor in the history of finance and relates in some of his articles the need to make money while we sleep or are on a vacation trip.
Today many companies and organizations tend to see cryptocurrencies in a way that we do not see them, they see it from the side of investment in a very long term and we in a very short term and therein lies the problem my dear readers. Many want the price to increase in value and others want its value to decrease. Making cryptocurrencies a global investment ecosystem something that we have to take into account if we want to invest in BCH for example friends, as companies grow many companies sell a cryptocurrency that has a value in US dollars and many investors with a large success in finance and in the stock market set as a goal what I call the law of supply and demand, it is the law of supply and demand. We as investors can invest in different financial assets today something that was not done in Warren Buffett's time, we can invest in cryptocurrencies what he could not do in his time dear friends and my beloved readers. What today we have the option of "staking" that is very favorable for us since in some cases it has a high profitability.
It is very difficult to talk about what we could consider a bad return on our investments in cryptocurrencies, giving way to a risk much greater than that desired by all of us. Let's give a brief example, we bought Ethereum (ETH) and this cryptocurrency has multiplied its value 10 times more than other cryptocurrencies in 1 year, so much so that it has multiplied 2 million times compared to Bitcoin (BTC) that has increased its value 876 times for many it is a very lucrative project if we have Bitcoin (BTC) or we have Ethereum (ETH) in our Binance or Coinbase electronic wallets for example that we can make exchanges for stable currencies such as Tether (USDT) in that way the A large sector has a possibility of opening to an excellent port and thus they see that $10,000 US dollars becomes 10,000,000 million US dollars. In the event that we propose or carry out a comparison of various functions of the stock market, there may be many investors who have a much higher annual return than other investors.
We are going to put a very practical example in this case, we are going to suppose that to use the term "staking of Bitcoin (BTC)". The following term was developed by Vitalik Buterin and we can only draw some conclusions about that term and from this great statement that the computer genius proposed and this is the following statement: Bitcoin (BTC) is one of the most famous cryptocurrencies and definitely is the best to invest! If we ask ourselves what is the reason for such an argument, we can plant that it is right my dear readers of my heart but also on the other hand we have the other cryptocurrency called Bitcoin Cash (BCH) which, in my opinion, is also a good investment idea dear friends and readers. And I agree with this idea but I want to mention in this section that the Ethereum cryptocurrency is also a good opportunity and a good long-term investment idea, we must stop thinking about investing in the short term since this argument is frequently mentioned in conferences and therefore we must follow the advice of experts in decentralized finance (DeFi), as stated by Vitalik Buterin, one of the experts and best investors in cryptocurrencies.
Vitalik Buterin affirms and is sure that Bitcoin (BTC) will be the greatest competition of all time due to its great technological impact and the greatest competition is Ethereum (ETH) and he predicts that in the long term and in a very short period of 2 to In 4 years more and more cryptocurrencies will be produced and for this great reason he states that we have to leave some fractions of these cryptocurrencies in our digital wallets if we want to invest long term in the Blockchain ecosystem since it is an innovative technology with potential for new investors and also Warren Buffet affirms that this type of technology has a great future and that is why it is believed that bank cards will disappear in the very near future.
I want to mention that they are very important statements in terms of technology and security when they are produced in technological organizations and they are greatly accelerating the new impact that technology and the Blockchain ecosystem have had due to its great demand for cryptocurrencies today my dear readers, for this great reason PayPal has just launched its most recent payment application that in my opinion is very safe and reliable and is capable of improving the lives of many users around the world and the application is peer-to-peer and is called Venmo and this application has allowed to buy and sell cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH) and is very good for many users from different countries with economic sanctions imposed by the United States of America.
When asked what will be the payment method that will dominate the world, he immediately replied: "Bitcoin has many possibilities to change the way we buy or sell financial assets in our daily lives" and at that precise moment the CEO of PayPal proposed that there may be possibilities that there are between 7 to 8 super applications that can surely give us a large portfolio of clients around the world for our financial companies and organizations and can also serve as intermediaries for other applications that serve for online payments My dear readers, do you want to know what PayPal's CEO had to say about adding Bitcoin (BTC)? He said the following: "Bitcoin (BTC) can be of great help for secure online transactions and that is why I will consider adding it to our electronic payment system" and Vitalik Buterin also stated that it can be of great help to humanity to add this type of payment to the most used system worldwide.
These projects were developed and supported by the American organization Larva Labs in collaboration with Canadian programmers Matt Hall and John Watkinson, who were the pioneers and are greatly influenced by London entrepreneurs in the 1960s and the wonderful cyberpunk movement of the hand of William Gibson and his great novel Neuromancer, so can the musicians of Daft Punk, Johnny Mnemonit and Blade McNair. It was not only an innovative project for the cryptocurrency industry, but it also served as inspiration for projects in which monkeys were developed, a very clear and precise example was Yuga Labs and it is also worth noting that they have an incredible collection of more than 10 thousand pieces on the Ethereum blockchain.
In this great way was the opening in November of the first package, which contained a set of erroneous keys; Shortly after, a carton of tobacco arrived from the Ukraine, the Lord of the Algorithms trilogy, and an obviously fake pocket bag. The most curious thing seems to be a simple blank letter. "It seems that Random Darknet Shopper (pseudonym with which the bot was called) needs some time to reflect. The bot went to sell itself to a very simple black card to test if its address works correctly", they comment amusedly on the blog of the government.