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Showing posts from January, 2023

Is Bitcoin and other Crypto-Currencies a Scam ?

So many things man can do for the sake of money, join me as I analyze what bitcoin is to see if it is a scam or not. But before I begin I will go back in history to see how new inventions were treated by notable and renowned elites in the society. AC Generators and the High Tension Transmission cables : The Invention of Nicholas Tesla and it’s high tension cables transmitting AC Current spark heavy criticism from Thomas A. Edison who is a renowned Inventor of that time, he wrote a terrifying article about it, which became headlines in Newspapers, “Thomas Edison and the war of the currents”, also Television talks all over the United States , you can find a copy of this journal in https://www.jstor.org, “The Dangers of Electric Lighting by Thomas A. Edison.” https://www.jstor.org/stable/25101896 . But today one of the first facility as a sign of development now is the presence of High Tension AC Power cables hanging over our head into the community that without it everything is in stand-...

Bitcoin and the World's Financial Scene

I was going through a blog post to merit some Crypto-tokens when i came across a post analyzing bitcoin as been affected by the price value of the US Dollar, in the sense that when US Dollar Falls Bitcoin also fall in value or it is responsible for any shift in the price of Bitcoin. All that I wrote here are my personal findings as I look deeply into Crypto-Currency and Blockchain Technology Looking on how to tie Bitcoin’s Whitepaper to what Bitcoin speaks on ground by action in co-relating her price value to the US Dollar or any Fiat Currency in the world is undefined. Bitcoin is not co-related to the US Dollar but Human’s International Trade and Business Relation is tied to the US Dollar at least as at the time of my writing this post. Bitcoin is a system that is independent of the US Dollar, our business relation is what is tied to the US Dollar, Bitcoin is a total open cash that is in direct competition with the Present World Monetary System not just US Dollar alone, the presence o...