JahPreacherMan Articles

 Come to think of it, is it really worth it to do transactions with Bitcoin and other CryptoCurrencies when we have an already working Monetary System that is been supported by every Government in the World and it’s driving the economy even though some are under Sanctions ? Question : Is there any benefit to use Bitcoin as a Currency to Settle Debts and Carryout Transactions in Exchange for Value?  Answer : There is security to have Bitcoin and other CryptoCurrencies take care of our E-Commerce and other Online Participation in Settling Transactions and Quantifying Services and Measuring of Value. When you have Bitcoin and other CryptoCurrencies to Settle Debts and Transactions in the internet, you separate your Fiat Bank Account from the Internet, in this way no one can easily get access to your Centralized Bank Account by just gaining access to the website you connected your Financial Details or Credit Card Details with, It is good that the banks don’t even link anyone’s...

T oday’s Central Banks have started initiating their own Central Bank Crypto Currencies to take over stablecoins and Crypto Currencies like Bitcoin, ETH, DAI and many more. Can CDBCs really wash them down the drain by totally replacing them both in acceptance and utility over the solutions and services that these Decentralized Digital Assets have come in to solve ? These digital assets which Bitcoin is the first of it’s kind to solved the double spending problem in a decentralized and permissionless manner which is transparent and secure like paper and coins money have helped the banking system to improve on Fiat Digital Currency which are called Central bank Digital Currencies (CDBCs), some of these Decentralized Digital Assets will stay the test of time while others will  phase-out by Government Regulations and not been able to catch up with modern trends causing them to loose participators. To know which and which to stand the test of time to keep her word and value is not mine ...

  The very first Crypto-Currency Blockchain, Bitcoin Blockchain which solved the double spending problem and with her introduction of Crypto-Economics only came with the ability to transfer her coin from one wallet to another to fulfill settlement of transactions for payment, no other form of investments or transactions other than the zero level sending and receiving of coins to and from crypto wallet addresses that meet to her blockchain standard. As the ecosystem began to grow and emergence of other Crypto-currencies like Ethereum, the need to exchange one Crypto-Currency for another to take advantage of price differences and make profit from such an act was open for the taking, causing a trend that is exactly what is going on today in foreign exchange of fiat currencies around the world that both banks and non banking establishments take advantage of for profit bases was born into the crypto space. This system that stands in sharp comparison with foreign exchanges in the World F...

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-...