RE: What is cryptocurrency, and what is BITCOIN? Everyone learns how to use it. They just don't understand the importance of it.

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What is cryptocurrency, and what is BITCOIN? Everyone learns how to use it. They just don't understand the importance of it.

in life •  7 years ago 

Thank you very much @intelliguy for your post and your great effort ..No one can deny the importance of blockchain technology even governments and we see in news yesterday that India ban cryptocurrencies but embraces the blockchain and many other countries want to use blockchain but don't want cryptocurrencies .As we know cryptocurrencies is only one application for this great technology which depend on decentrilization which we really need it today so we can use it to store our date securely as with siacoin platform , can transfer electricity as with Power ledger project , can make decentralized social platform as here with steem .and I think one big problem for governments is they don't take taxes from cryptocurrencies trading and only benefit for crypto traders unlike other trading or projects plus big profits of crypto last year make many to leave other markets as stocks markets which affect country economy . Finally for crypto lover like me and who want to make massive income from trading I think we need another great blockchain application which is decentralized exchanges - I know it is available today but still very weak and has many problems - So not care about any regulations or ban for cryptocurrencies , Sorry for my weak english

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You do not need to apologize for your weak English I understand.

You are correct, we need decentralized exchanges. I know of 3, but the only one I use is called Bitshares. Try it yourself for free. I made a post about how to get a free account here:

https://steemit.com/bitcoin/@intelliguy/if-you-have-never-used-bitshares-before-but-you-have-used-bittrex-or-poloniex-it-is-time-you-learn

it is really great and detailed decentralized and bitshares tutorial,
Thanks intelliguy for all your informative posts .