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Showing posts with the label Technology

The Internet, A Community to Thrive In

The Internet is a Realm called Cyberspace which is Powered by the Interconnection of Computers where humans and logic Inter-operate, Interrelate and Interact with each other to achieve desired goals.  what does these Interconnected Computers do to make them keep Existing and Thriving till now? What are the benefits of the Internet and what shows that Internet as a Technology have Expanded the Horizon of Humanity’s Consciousness and Anyone can thrive in it? These Interconnected Computers Connect People(s) which are represented as Individuals, Institutions, Organizations alongside Machines in a Decentralized and Permissionless Manner. This Decentralized and Permissionless Architecture opens the privilege for Anyone who can Provide Services to participate in providing Protocols or Technologies that is in compliance with the Protocols and Standards the internet is Built on already, layering any design on the Internet's connectivity protocol, bringing new Innovations on board for those ...

Is it Worth It To Transact with Bitcoin and other CryptoCurrencies ?

 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...

Can Central Bank Digital Currencies (CDBC) Wash Bitcoin and Other Crypto-Currencies Down the Drain ?

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 ...