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      "permlink": "re-venusjain-re-aeg0n-is-ripple-the-next-big-thing-20180116t130858905z",
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      "body": "Yes, it has disadvantages because of weak decentralization, when compared to other digital assets but I think the advantages outnumber the drawbacks.",
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      "body": "Yes, beacuse of focusing on specific use case Ripple’s blockchain network has been adopted by  100+ major global banks for transfers. This is because Ripple is much faster than most blockchain networks and much cheaper too. Banks which adapt Ripplenet and use XRP will reduce their costs of the transaction by over 60%! This will make Ripplenet the go-to enterprise blockchain platform for banks. They will buy the XRP coins for transactional purposes and this will push the price even higher.So, I think it is not the worst idea to invest in ripple.It will surely make some money.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://www.wealthdaily.com/resources/3-reasons-to-invest-in-ripple/94",
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      "author": "venusjain",
      "permlink": "re-aeg0n-is-ripple-the-next-big-thing-20180116t125512584z",
      "title": "",
      "body": "@@ -1,14 +1,14 @@\n I won\n-%60\n+'\n t bet a \n@@ -25,9 +25,9 @@\n pple\n-%60\n+'\n s vi\n",
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      "author": "venusjain",
      "permlink": "re-aeg0n-is-ripple-the-next-big-thing-20180116t125512584z",
      "title": "",
      "body": "I won`t bet a dime on ripple`s vision, if you are trying to make money out of ripple trading, it is fine, otherwise it may lead to problems.",
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      "permlink": "re-tgheretic-re-aeg0n-is-ripple-the-next-big-thing-20180116t125055308z",
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      "body": "Maybe or maybe not. It's something 50-50.And If there's  money involved you gotta take a risk in this field and dig in.See, investing in ripple doesn't make one bankrupt and from my analysis, I think it's the next big thing and will make u  money, a lot of money.",
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      "title": "Is Ripple the next big thing ?",
      "body": "@@ -2936,26 +2936,9 @@\n t.%0A%0A\n-At Wealth Daily, w\n+W\n e us\n@@ -4777,21 +4777,16 @@\n experts \n-here \n at Wealt\n",
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      "author": "tgheretic",
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      "body": "It's a bankster coin! Yeah, you can make money on it. But for me, that's like trying to profit somehow off of the Hollywood pedophilia ring or by investing in Lockheed Martin or Raytheon and hoping that the perpetual wars the U.S. orchestrates continues. No thanks!",
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      "title": "Is Ripple the next big thing ?",
      "body": "Digital currencies have emerged as one of the most profitable investments of 2017.\n\nYou don’t have to take our word for it. Just take a look at the returns:\n\n* Ethereum is up 2,000%.\n* Bitcoin is up 744,233%.\n* Litecoin is up 750%.\n\nWith the digital currency floodgates open, early investors are becoming accustomed to four-digit returns.\n\nBut there’s a catch. Many of the currencies listed above have already achieved mainstream investors. They will continue to generate profits (making them valid investments), but you will never be able to buy them for under $1.\n\nMany digital currency investors are hunting for the next big altcoin, hoping to find a new Bitcoin for the right price.\n\nAnd the best contender is Ripple. In the last year alone, Ripple is up 3,733%.\n\nhttps://images.angelpub.com/2017/22/44215/digital-currency-ripple-2.png\n\nRipple is not your traditional digital currency. Calling it one is the equivalent of calling a horse a mule — you vastly undersell the currency’s potential.\n\nToday, Ripple is busy revolutionizing the way we transfer money and receive payments. Soon, it will change the way we bank and conduct business around the globe.\n\nOver the course of this report, we are going to educate you on Ripple’s potential and expose the top three reasons you need to be investing now. By the end of this report, we hope that you'll rush to the exchanges.\n\nIt’s no secret that success in the corporate world depends on one thing: clout. For any technology to advance, it has to establish its value for both investors and corporations. Many digital currencies fail to do this because their leadership doesn’t know the right people or methods.\n\nFor Ripple, establishing itself was as easy as pie. With two well-connected founders using their complex networks, Ripple quickly attracted venture capital and major investors.\n\nIn 2015, Ripple raked in $55 million in venture capital in just one funding round. And this money keeps pouring in with more big investors backing the company weekly.\n\nOne particular investor is worth taking note of. It is a tech giant that hasn’t shown a lot of interest in the bulk of digital currencies: Google.\n\nGoogle was one of Ripple’s early backers. Both the mega-giant and its peer Apple prefer the blockchain method of payment to existing credit cards.\n\nIn Ripple, Google saw an opportunity to simplify and secure payments. It knows a good investment when it sees one.\n\nAnd so do the other venture capitalists pouring money into Ripple. The names backing Ripple — Andreessen Horowitz, FF Angel IV, and Lightspeed Venture — have stood behind dozens of lucrative startups, including Airbnb, Asana, BuzzFeed, Coinbase, Facebook, Twitter, and Snap.\n\n# How to Start Investing\n\nI am going to level with you — Ripple is a bit harder to invest in than its peers. But since you are serious about making money, this is a good thing.\n\nRipple’s exclusivity means that not everyone is in on it yet.\n\nAt Wealth Daily, we use Coinbase for the bulk of our digital currency investments. Coinbase allows users to buy Litecoin, Bitcoin, and Ethereum, with hopes of expanding to other digital currencies in the future. Ripple could be on the horizon.\n\nWe don’t want you to wait until then. So, we are going to walk you through buying Ripple on smaller exchanges. That way, you can get the currency while it is under $1.\n\nThe two most popular currency exchanges for investing in Ripple are Poloniex and Kraken. On both platforms, you can exchange Bitcoins for Ripples. Many people choose to set up a Coinbase account and then transfer Bitcoin into Kraken or Poloniex.\n\nTo do this, set up a Coinbase account. Once you create a username and password, add your banking information and make a Bitcoin purchase. Keep in mind that you can use your Coinbase account for more than just Bitcoin. It is a gateway account that will allow you to purchase Ethereum and Litecoin. You can explore both of those currencies in additional reports on our resource page.\n\nNow, set up your Kraken or Poloniex account. Transfer Bitcoins into your chosen platform and you can start buying. With Coinbase, you may have to wait a few days for the purchased Bitcoins to arrive into your account. As you venture deeper into digital currency, it will prove effective to keep Bitcoins on hand. Most altcoins can be purchased with Bitcoins.\n\nAs things stand, Ripple could be one of the best investments in the digital currency space. It has unmatched potential in the financial world and a legion of support from both megacorporations and the tech community.\n\nIt isn’t going anywhere — but its $1 price will quickly become history.\n\nIf you would like some more information on opportunities in the world of digital currency investing, you can watch the latest presentation put together by the experts here at Wealth Daily. \n\nIf you do not wish to watch the video presentation, you can view the written report right here.\n\nBest of luck with your digital currency investments.",
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      "title": "Heaven is Myth Nepal is Real|Mustang",
      "body": "# **MUSTANG**\n\n![dminepal-mustang-nepal-destinationmanagementinc-trip-holidays-nepal-photos-stones-ngq9zmcyitv5uzlfgov13o3xm48sydxy572jxtxtx8.jpg](https://steemitimages.com/DQmPcspdZ3nnZtGKuEU47ZfKQA6PSdc3ZeA4cTFuWLZMYG3/dminepal-mustang-nepal-destinationmanagementinc-trip-holidays-nepal-photos-stones-ngq9zmcyitv5uzlfgov13o3xm48sydxy572jxtxtx8.jpg)\n\nThere are no regular flight to Jomsom from Kathmandu directly. It has to be via Pokhara only.  And It is almost impossible to fly to Jomsom after noon (because strong 100 kilometer winds make it impossible to land on a narrow airstrip perched between two 8000 meters ( 24000 feet) mountains.  So we took a quick half an hour flight to Pokhara first. Pokhara is a beautiful valley full of lakes and beautiful high mountains to its north. To any other travelers it would be a nice destination to travel in itself. But as we were itching to start our trek to the former “Forbidden Kingdom of Mustang”, even this beautiful city didn’t sound so appealing now. We wanted to be transported into a different era, away from any civilization we were part of.\n\nThe flights to Jomsom from Pokhara (only flies from this place) are very erratic and often canceled because of the monsoon weather. The last flight usually goes around noon. After that the wind in Jomsom makes it almost impossible to land a plane there. Our flight got canceled the first day, as the planes going to Jomsom couldn’t land there because of bad weather there. Be ready to wait for hours at the airport praying for the weather to be good again.\n\nhttps://i0.wp.com/www.whynepal.com/wp-content/uploads//annapurna.jpg?resize=620%2C369\n*8000+ meters high Annapurna range as seen from Pokhara beyond which is Mustang.*\n\nThe next morning by sheer luck, after yet another agonizing 5 hours wait at the airport, we managed to find a flight at 12 30 in the afternoon (this is quite rare during anytime of the year to be flying so late to Jomsom). We later came to know that the flights for the next 2 days got canceled as well.\n\nIt was a one hell of a hair-raising half an hour flight, specially the landing part, where the plane had to make a sharp turn by a cliff to come down to the airport. The plane full of hindu devotees  were busy chanting “ Hail the Lord pashupati nath” inside the plane as we moved to Jomsom. I must say, Jomsom and Lukla are the two most heart skipping places to land during any time of the year. We flew to Jomsom on a donnair aircraft, Agni Air (German-made). We soon found ourselves in the sunny Jomsom, the administrative capital of Mustang.\n\nMustang lies in the rain shadow of Annapurna Mountains. It rarely rains much during monsoon as all the rain bearing clouds get stopped by a wall of high rising Annapurna and Dhaulagiri mountains. Still the wind was howling enough to bring out the wind stopper jacket from my back pack. We went to a local friend’s hotel right outside the airport, called, “Hotel Snow Land” and from him got some useful guide to trekking up upper mustang.\nAt 2 in the afternoon, we started our trek to get to a holy place called Kagbeni via “Eklai bhatti”. Kagbeni is the entrance to Upper Mustang, and a well off modern village right besides the Kali Gandaki river. t is also hugely important place for Hindu devotees who come in droves to offer prayers for their departed parents souls along the holy fusion of the Kali Gandaki river and another flowing from Muktinath (another Hindu holy place in Mustang).\nIn Kagbeni (2900m),We stayed in New Annapurna Lodge. (By the way, all ,motels and tea-houses in mustang are named hotels). Kagbeni even has a restaurant, aptly called “Yak donalds” and the local fries there are delicious!\nIn Kagbeni, we met a french group heading up to Upper mustang there, and exchanged a bit of insight with the Nepali guides who were quite amused to hear Nepalis traveling. (Who would have thought ! ) . I suppose Nepalis traveling in Nepal is a rarity, something I hope these experience sharing here will encourage more Nepalis to travel within their own country).\n\nhttp://i721.photobucket.com/albums/ww213/spindrift_09/NepalLoManthangtrekMay2007Canon273.jpg\n*Lo manthang*\n\nWe made a late morning start from Kagbeni, having a local favorite Tibetian bread as breakfast. We started off at ease and started our way through the wind ravaged trail along the Kali Gandaki river, leaving the Nilgiri and the Annapurna mountains to the south. As we climbed the Grand canyon type of trails, we started seeing the contrasting landscapes of arid mixed with meadows that extended all the way to the holy temples of Muktinath. On the journey we met a couple of hindu devotees returning from Damodar kund ( a holy lake 2.5 days east of Lo-manthang at 5200m). Looking at their meager belongings, we were amazed they could have made it back from such high altitude and cold place, fine)\n\nhttp://jdennehy.com/wp-content/uploads/2016/06/20160614_073652-1.jpg\n*kagbeni*\n\n\nIn 2 hours, we came across, Tangbe (3000m) a village that looked like a haunted village (because all its inhabitants were busy working in the nearby fields). We chanced upon an old man besides his apple orchard and quickly bought a kilo of Green apples freshly plucked from his orchid right there. As we walked to Chupsang, we could see some ancient caves on the other side of canyons. We meant to have lunch there but was thwarted by a massive road block where a massive dozer was building a road and had destroyed the trail along the Kali Gandaki river. A camping group helped us navigate this treacherous hair-raising cliff walk, across a make shift thin trail along a steep slope and last pull from more helpers before we could safely continue off to Chupsang. Chupsang looked like a disorganized village with the only motel (tea house) packed with travelers and locals gambling away infront of it. We had a quick instant noodles and made our way off to Chiele.\n\nHere, we came across gorgeous mountain caves perched high up on the canyons as we walked besides the fast flowing Kali Gandaki river. It is hard to imagine people used to live here till a century ago. During summer, even the feeble Kali Gandaki rages dangerous. (During the winter it is possible to ride all the way to Lo-Manthang on a horse through the same river in 1.5 days).\n\nWe reached Chiele around 4 pm, a pretty cliff side village on top of the massively twisting and turning Kali Gandaki river. The last 100 meters to Chiele was a steep climb, and our inexperienced walk and terrible shape, nearly broke us down.\nWe stayed at Bishal Hotel, recommended by fellow Mustang guides who were traveling with a french group. I couldn’t sleep much tonight maybe because my body was adjusting itself to altitude. From 800 m to 3100 m in 2 days, yes this body needs a few adjusting to do.\n\nWe started off the morning late, and found our-self agonizingly short of breath walking through a steep exhausting mountain climb of 500 meters to Samar. My shoulders were pretty swollen from carrying my slightly overweight back-pack.\nYou will find yourself walking through cliffs that would hands down beat those cliffs in that last fight scene in the 1992 Daniel Day-Lewis film “ The last of the Mohicans”. Around mid-day, climbing up the canyon, we reached the village of Samar, a beautiful village, full of green poplar trees. It looked like a green oasis surrounded by deserted arid mountains.  On the West were big cliffs separating Upper Dolpo valleys from Mustang. On the south you see the Tilicho and Nilgiri mountains near the Thorang la pass (which is part of the Annapurna Circuit trek. After having a quick-lunch at a beautiful cosy lodge there,  we headed for Syangboche through the high route which took us to nearly 4000 m.\nNote* I recommend the lower route from Samar to Syangboche, as it is easier to get to and easier to aclimitize, coming from Samar.\n\nhttps://i0.wp.com/www.whynepal.com/wp-content/uploads//kagbeni.jpg?resize=620%2C465\n\nIt proved to be an exhausting route up and down and after 4 hours we stumbled to Syangboche. It was cold up here, with only 3 houses, The second one happened to be our resting place for the night. The high point of the day had to be the steep cliffs and the scenic mountains you can see from high above Samar and the Soi la pass at 3900m from where we can see rugged dry hills of Upper mustang).\nWe stayed at Dhaulagiri Hotel which was a good choice. Had an excellent sleep.\n\nhttps://i0.wp.com/www.whynepal.com/wp-content/uploads//dhakmar1.jpg?w=540\n\nWe passed through stunning display of nature passing through scenic villages of Gheling, Bhene and through the Nyi La pass (4000m), we arrived at Ghemi, another lovely green village amidst a red, and ash colored wind beaten cliffs with more caves. After having a delicious lunch at a home of the Raju Bista, a nephew of the former King of Mustang, we headed to the picture perfect Dhakmar famed for its red cliffs. Legend has it that these cliffs were a result of the blood smeared out of the body of the demon Queen who was slayed nearby by the Buddhist monk, Guru Padma Sambhawa. He slayed her to protect the Samya region in Tibet who were unable to build the Samya Gompa monastery because demons and their queen would destroy any monastries they built.\n\nThe legend further elaborates the long wall in Ghemi is where her intestine were buried and the nearby Lo Ghyakar (Ghar) Gompa, an 8th century monastry was built over her dead body which protects against her resurrection. An hour away from Ghemi, we arrived at the picturesque Dhakmar, which seemed to hold up to its reputation. In Dhakmar we shared our room with another group since the lodge Tenzing riverside had barely 2 rooms available. We specially loved these fresh organic vegetables that we always ate for dinner wherever we stayed in Upper mustang, specially the spinach, potatoes and cauli flowers.\n\nWe started climbing up a cliff up the 4200m pass separating Dhakmar from Lo-manthang. At this altitude, it becomes excruciatingly hard to find enough air to climb a few steps. After a 2 hour climb, we reached the 8th century monastery called Lori Ghyakar (ghar) Gompa. Rich in Tibetan folklore, we were told about the history of the monastry by a lone monk staying there. We were hoping to having lunch in this area but couldn’t find any place to eat, so we headed off to Lo-manthang eating our packed food supplies. Highly recommend carrying packed supplies if you are traveling this route.\n\nThe walk forward was picturesque with wild horses and sheeps grazing in multitudes along endless meadows that seemed to disappear into the high mountains. And we could see the 4600m Kora-la pass in the distance, which separated Nepal from Tibet. We finally reached the red fortress city of Lo-Manthang around 4pm. Lo-Manthang looked beautiful with contrasting colors at this time of the year.  The pink barley fields surrounding the red fortress seemed to heighten the festive atmosphere, with people with distinctly colorful costumes and the blue sky.\n\nhttps://i1.wp.com/www.whynepal.com/wp-content/uploads//riders-costume-lo.jpg?resize=620%2C477\n\nIn the afternoon, we hired a few horses. It was my first horse ride and add to that , my first fall from the horse as well.  Luckily nothing serious  but the fall served to give amusing laughs for my fellow travelers for the rest of the journey! We traveled to the nearby villages of ….. and Chungsar where we visited the fabled caves and cave monastries along steep cliffs. We were left wondering, about how people lived in these caves centuries ago. The weather was perfect for a lazy stroll inside Lo-manthang. People were jolly with harvesting season just around the corner. At a local tea-shop, old women were dancing drunk and so it was fascinating to see old women dance to the latest bollywood re-mix !\n\nLo-Manthang is a town full of buddhist monasteries. Every direction there are gompas (monasteries). The King’s palace lies smack in the middle of the town. You can get an appointment to meet him, if you like. Its a place thats a mix of a millenia old customs and habits mixed with 21st century.\n\nToday we strolled down the lone dusty wide road to Tsarang (about 4 hours).  Not very eventful other than the stark arid landscape that were on both sides of the road. But as reached Tsarang, we came across another lovely colorful village with its own palace and monasteries.  At Tsarang, the weather started getting heavy, and it started raining. The mist covered the entire valley and made the visual very surreal. We visited the ruins of the palace there and the big monastery near it. We stayed at a local hotel, Mount Kailash, just on the edge of the town and had a comfortable stay.\n\nIt was a tough 7and a half hour walk back to Syangboche, partly because we decided to go through a village of Gheling, a bit off route on the way. We again passed through the lovely village of Ghemi, where we dropped by the same tea-house for lunch. By the time we reached Gheling, we were exhausted, and the last part of the journey to Syangboche became tasking. We happened to meet the people who were making the roads there. I reckon, in a couple of years, Lo-manthang will be a major stop on the way from Pokhara to the holy places in Tibet, Mount Kailash and Lake Manasarovar. I can only wonder what changes will happen, inevitable it is. I am sure, more eyes will get to see the wonders we have viewed so far. I sense, Mustang is readying itself for such a profound change.\n\nhttps://i0.wp.com/www.whynepal.com/wp-content/uploads//dhakmar2.jpg?resize=620%2C379\n\nSyangboche we took a foggy route that took us down to the natural holy caves of Chung Gompa and along deep canyons. Chung Gomba is a cave where the stones are said to have formed the shape of buddhist deities. It is in an exotic location right in a mountain off a gorge. From there we made a steep climb up to Samar where we had excellent lunch waiting for us.\n\nFrom Samar it was an easy walk down another deep gorge, and finally we reached on the banks of a small river by Chupsang. But the river level suddenly had started rising and we had to cross the river with water up to our thighs, amidst a high current. I was not amused to see the locals sitting and enjoying the sight of us trying desperately to cross. At Chupsang we stayed at the only motel, the Bhrikuti hotel. It was quite expensive being the only one in this village.  One a sidenote: I noticed, there was more trash lying in one street of Kathmandu than what I have seen in the entire Mustang.\n\nIn the morning, the locals mentioned we couldn’t cross an easy 10 minutes section of the trail because the dozers had bull dozed the trail off while building the road. What they forgot to tell us, was that it would take us one and half hours to cross that, by going steep up the cliff, and coming down just across the road block. After the agonizing climb up and down, we were off to Tangbe, where we chanced upon the same apple seller by his orchid. This time we bought apples from him at 33% inflation from his earlier rate 5 days ago.  After two more hours we were back in Kagbeni where we decided to stay for the day. (Our original plan was to get to Mukti-nath which was another 3 to 4 hours of steep walk).\n\nAt Kagbeni we decided to stay with our new-found french friends at Hotel Nilgiri. As we arrived around 2, we had plenty of opportunity to check out the town with its mixture of Hindu and Buddhist culture and heritage.\n\nrom Kagbeni we decided to go off to visit Mukti-nath temple off the route to Jomsom. Muktinath lies on the way to Thorang la pass which separates Manang from Mustang (and is part of the Annapurna Circuit trek). Muktinath is an extremely popular pilgramage site with hindu devotees and is perched on the side of high mountains with Buddhist nuns taking care of the Hindu temple. It is known for emiting a never-ending gas geyser and for the stunning views of Upper mustang to the north and the Annapurna and Dhaulagiri to the south-west. We had a delicious lunch at North Pole hotel and headed back to Jomsom using the preferred way through a 4 wheel Jeep, which only took us one and half hour along this windy, dusty route.\n\nOur flights got canceled for 2 consecutive days in Jomsom. So we had no choice but to take the land route. We must have changed vehicles for 11 times before we reached Pokhara. Traveling through land linking Mustang to the rest of the country is very dangerous during monsoons because of heavily damaged paths, landslides and atrociously dangerous roads. I wouldn’t recommend the land route but because there is hardly any other option, most travelers have to take it, when flights get canceled. We stayed in the motels nearby the hot springs called “Tatopani” where we rejuvenated our tired bodies.\n\nFrom Tatopani we again took the dangerous route off to Pokhara. It was a hell of a ride and took all day because of the almost totally destroyed mud roads, our 4 wheelers had to pull through, with the raging Kali Gandaki river ever watchful. Finally at around 9 in the evening we reached Pokhara and back to civilization where finally to a bed more closer to what we had at our homes !",
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      "title": "Why Bitcoin can fail in 2018 ?",
      "body": "## Bitcoin\n![hqdefault.jpg](https://steemitimages.com/DQmPCh4J7j6RynjKSsTDr26MHqECi9StpQ3CznaobLfrdn5/hqdefault.jpg) \n\nFor people outside of the complex and exciting world of cryptocurrency, Bitcoin can be hard to understand. Many have brushed it off for years, saying that it was a fad that would disappear as quickly as the value of Beanie Babies. However, with the price spiking in the thousands of dollars for a single Bitcoin, naysayers are suddenly singing a different tune. Newcomers are dumping their money into Bitcoin, hoping that the price will only continue to grow. Many old-school investors who haven’t done their research will simply say it’s in an economic bubble and call it a day. But the reasons why Bitcoin cannot succeed in the long run go so much deeper than that. Just like any other speculative asset, no one really knows what is going to happen in the future. However, when one looks at the big picture, it becomes clear that Bitcoin will struggle to survive.\n* Blockchain > Bitcoin\nThe most valuable thing about Bitcoin is that it introduced blockchain technology to the world. Blockchain technology drastically improves the speed, privacy, and security of sending money. Bitcoin can be sent from one person to another without a middleman, and it encrypts everyone’s identity to a long string of letters and numbers called a “wallet.” Blockchain is a big deal. Its potential to change technology is as big as the Internet. At the moment, the world of blockchain is young and exciting, like the Wild West of the digital world. However, even though Bitcoin was the first to introduce blockchain to the world, it’s not necessary for blockchain to exist. Sort of like if one web page goes down, the Internet still exists. Most people never saw the very first website that was ever created. It was a blank white page that was titled “World Wide Web” and a list of text links. That’s it. No one could have ever imagined that that seemingly unimpressive page would evolve into what has now become what the Internet is today. There are already bigger, better, and faster versions of blockchain that made improvements on the original Bitcoin, like Ethereum and Ripple. Both of these coins, or “cryptocurrencies,” are already available on the market.\n\n* Big Brother Is Watching\nOne of the biggest benefits of Bitcoin it that it is supposed to be private, secure, and untraceable. Obviously, this was a huge benefit for criminals on the Dark Web. Cryptocurrency got a really bad reputation once news broke that Bitcoin was being used to send money anonymously on the drug trafficking website Silk Road. The appeal that a lot of Americans see in Bitcoin is that they believe they can avoid paying taxes to the IRS, which is also a crime. It’s tax evasion. In 2013, 44 percent of the Bitcoin supply belonged to people who identify as Libertarian. Today, the market has way more newcomers, so the percentage of Libertarians is much smaller as more casual people join to invest in hopes of getting rich, rather than trying to start a revolution. What casual Bitcoin users don’t seem to understand is that even though their name is protected as a string of numbers and letters on the public ledger, that doesn’t mean they are fully anonymous. Most Bitcoin exchanges like Coinbase require that new users must upload the front and back of a Photo ID as well as take a selfie to prove that it’s really them. In Coinbase’s privacy policy, they state that they will keep your name, address, phone number, and more for up to five years and will give it to law enforcement if there was ever a subpoena.The FBI has made it very clear that they are watching Bitcoin very closely, and they are getting better and better at finding the true identities of the people who use Bitcoin for illegal activity. They are fully aware that not everyone who uses Bitcoin is a criminal. In fact, they have a public dossier of their educational materials given to law enforcement to help them understand what it is. There are plenty of ways for hackers to hide their identity, but for the casual user, they are not getting any added expectation of privacy from Bitcoin. At this point in time, the only way to truly have an anonymous and untraceable financial transaction is with cold, hard cash.\n\n* The Lack Of Leadership\nBitcoin was created by the man of mystery, Satoshi Nakamoto. While there are many compelling theories about his true identity, no one knows exactly who he is. At the beginning of the Bitcoin project, Satoshi was able to guide the coders who helped create the platform any time they had a question. Once investigation agencies all over the world began searching for him, Satoshi Nakamoto disappeared. All over the world, homes of suspected Satoshis have been raided. Despite law enforcement’s best efforts, his true identity is still a mystery. Now, coders and miners must come to a consensus every time a decision about Bitcoin’s future must be made. Unfortunately, the community cannot seem to agree on even the smallest decisions. There is no clear business plan mapping out Bitcoin’s future. In fact, the Reddit community message boards had to split into two totally separate Bitcoin groups, because opposing opinions wanted to continue to talk inside an echo chamber instead of getting along.Other cryptocurrencies actually have leaders to guide them. Vitalik Buterin is the boy genius creator of Ethereum. Harvard-educated Brad Garlinghouse is the CEO of Ripple. Both Buterin and Garlinghouse met with central banks and the Federal Reserve in October 2017, but Bitcoin did not have a seat, because there is no leader to represent them.\n\n* Laws And Regulations\nIn October 2017, China declared that it was illegal to create an “ICO,” which stands for “Initial Coin Offering.” Start-up companies were learning how to use blockchain to make their own spin-off coins to raise funds. The only downside was that a lot of these coins were fraudulent. A few fake coin companies took millions of dollars from desperate people who were trying to invest so they could “get rich” on these ICOs.In New York, all businesses who want to accept Bitcoin are required to register for a “BitLicense” if they want to do business. The license promises to comply with United States taxation laws and regulations. The application costs $5,000, and there are 500 pages of legal paperwork that would require a team of taxation lawyers to decipher. For most businesses, it’s simply not worth the money, time, and effort to accept Bitcoin when so few people will actually use it in their stores.In 2014, the IRS released a guideline that anyone who profits from digital currency needs to pay taxes in the same way that anyone selling their stocks or bonds must pay their taxes. If the Bitcoin revolutionaries stick to their morals, they aren’t going to listen to the IRS. When there is such a huge spotlight on an activity that is known for tax evasion, it is obviously something that law enforcement takes notice of.\n\n* Use Cases\nMany small businesses in California’s Silicon Valley accept Bitcoin as a form of payment, but larger corporations still only accept cash and cards. Unless Bitcoin can actually buy and sell things with bigger companies, they will never actually have very much of a purpose, since blockchain technology can exist without Bitcoin. The Journal of Government Financial Management says that blockchain technology can truly help the financial system, but they need to see more successful examples of use cases, first.At the moment, the one and only digital currency that is actually working with the US Federal Reserve is a company called Ripple. They have proven that they can work with large corporations, banks, and credit card companies. They’re even going to process the financial transactions of American Express. Ripple has their own cryptocurrency, called XRP.All of the original ideas for possible use cases for the blockchain are actually coming true through Ripple, not Bitcoin. In October 2017, Bill Gates announced that he chose Ripple to run his project that will help alleviate poverty in developing nations, despite having promoted Bitcoin in the past.\n\n\n* Time And Mining Problems\nThe longer Bitcoin exists, the more difficult it becomes to “mine,” or create new coins. Without the miners, the Bitcoin network collapses. The cost of getting started as a new miner is so far out of reach for the average person that the main miners are gigantic warehouses in China. In most countries, the cost of electricity to run these computers is actually more than what the digital currency is worth, which makes it pointless to even try.The longer Bitcoin exists, the longer it takes for these computer systems to process the information. At the time this article was written, the official time for a Bitcoin transfer is “one hour,” but anyone who uses Bitcoin on a regular basis knows that is far from the truth. Transactions can take up to six hours at busy times of the day, because it averages 15 transactions per second. There is no guarantee that it will ever improve. In fact, it is likely to keep getting worse.In contrast, Ripple’s coin XRP settles 1,500 transactions every second, and they have the technology and infrastructure to make sure that they’ll never slow down. In the digital age, where people want things to happen within a split second, it is simply not realistic to think that as the world slowly begins to understand and use blockchain in their everyday lives, they will choose the slower option, Bitcoin, over currencies that are faster.\n\n* Fear, Uncertainty, And Doubt\nThe current Bitcoin market is extremely volatile. If Bitcoin is in the news, its price can fluctuate hundreds of dollars in a matter of hours. Fear, uncertainty, and doubt are talked about so often in the community that everyone just calls them “FUD.” If there was ever any reason for the public to believe that Bitcoin may become illegal, if there was a hack, a virus, or any other issue in the system, the value will drop dramatically as people panic and sell as quickly as possible. It’s very similar to the stock market in that way. If the Great Depression and the 2008 recession were any clue about the future, people will sell without hesitation if they lose faith in Bitcoin. Without any clear vision of where Bitcoin is going, there is very little for an investor to count on or to have faith in. Many people have been rewarded for holding onto their Bitcoins for dear life, but good news can only last for so long.\n\n* Will The Real Bitcoin Please Stand Up?\nSince the Bitcoin founder Satoshi Nakamoto is no longer publishing his opinions, all coders have left is the documentation he left behind. One person can read the same exact paragraph in the Bitcoin White Paper and come up with a totally different interpretation of Satoshi’s words than the next person. There are a lot of people who believe that in order for Bitcoin to survive, there needs to be a mass exodus to another platform that would be faster and more reliable.Developers have come up with a solution called a “hard fork,” which is why Bitcoin Cash was created. However, they believed that Bitcoin Cash still did not solve the problems, so there was a much-contested plan to create yet another hard fork called Bitcoin Gold. That plan, known as SegWit2x, was eventually called off, and it resulted in another sharp spike in the price of the original Bitcoin. As of 2017, the amount of Bitcoin that Satoshi Nakamoto owns is now worth billions of dollars, and he has made it clear that he is done with the project. He could possibly be on a private island enjoying life while coders continue to argue over which coin gets to be the “real” Bitcoin.\n\n* The One Percent Hate Bitcoin\nBillionaire Jamie Dimon, the CEO of JP Morgan chase, has called Bitcoin a fraud and says that it is destined to fail. He said that even if the price of one Bitcoin rises to $100,000, it would not change his opinion that it is destined for failure some day.Every single year, Toronto hosts a banking conference called the Swift International Banking Operations Seminar (SIBOS), where some of the most powerful people in the world meet. The major company that runs the convention is called Society for Worldwide Interbank Financial Telecommunication (SWIFT). They are in charge of what the world currently uses for banking transfers. One individual bank moves billions of dollars every year. Almost all of the banks in the world use SWIFT’s now-outdated technology, and they handle quadrillions of dollars. At the October 2017 SIBOS, SWIFT CEO Gottfried Leibbrandt said during an interview that their company is trying to come out with a technology that will improve security, anonymity, and speed. It’s easy to read between the lines and know that what he is really saying is that they want to make their own blockchain. However, he claims that it will take them over a year to actually get their technology up and running. Ripple was so confident that they can beat SWIFT that  they purposely scheduled their own conference, called SWELL, at the same time and location as SIBOS. Their party-crashing resulted in successfully adopting hundreds of new banking partners to use their technology. The one percent aren’t threatened by Ripple the way they are by Bitcoin.\n\n* The End Of The World As We Know It\nThe most enthusiastic supporters of Bitcoin are revolutionaries. Some hope that people will rise up and choose to go with Bitcoin instead of using traditional banks. Michael Lewis, the author of Moneyball, was encouraged to talk to these Bitcoin revolutionaries in Silicon Valley, because it might make for good material for another book. He watched as the revolutionaries very literally sat around smoking weed and talking about their ideas of the future, and he left feeling as though Bitcoin was going to fail. He decided not to write a book on the subject.In order for these revolutionaries to get what they want—people losing faith in banks and switching to Bitcoin—the economy of the world as we know it would have to collapse. If that actually happened, people would have to lose their jobs, their homes, and maybe even their lives. Active revolutionaries who are pushing for a collapse are in short supply.While they’re not necessarily one and the same, a member of Anonymous told Vice News that many of the members have left and that the organization is full of distrust. Others make false promises and never act out on their plans of revolution. For the most part, it’s just kids writing on the Internet about how they want the world to change, without a real plan on how to execute it. If one revolutionary group like Anonymous can fall apart, what’s to stop Bitcoin from suffering the same fate? Even if they could change everything in an instant, would they really be prepared to push the big red button to begin the end of the world?",
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      "author": "cryptohawk",
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      "body": "All the bitcoin cash is flowing into alts at the moment.  It will probably be at least 2019 before it starts to rise significantly again.",
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      "body": "Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:\nhttps://www.payme0.com/best-cryptocurrency-buy-2018-bitcoin-alternatives-2018/",
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      "author": "steem-network",
      "permlink": "re-which-cryptocurrency-should-i-invest-in-2018-and-why-20180111t003837",
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      "body": "<html>\n<p>Congratulations <a href=\"/@aeg0n\" target=\"_blank\">@aeg0n</a>, you have decided to take the next big step with your first post! The Steem Network Team wishes you a great time among this awesome community.</p>\n<hr>\n<div class=\"pull-left\"><img src=\"https://steemitimages.com/DQmaAdLUJ3yaSkmcmWECWyPGPWcjfbCoZ8Tu4RM6H4DbjCi/steem-network-thumbs-up.gif\" alt=\"Thumbs up for Steem Network´s strategy\" title=\"I suggest Steem Network´s strategy\" width=\"320\" height=\"222\"></div>\n<h1>The proven road to boost your personal success in this amazing Steem Network</h1>\n<p>Do you already know that awesome content will get great profits by following these <a href=\"/steem-network/@steem-network/spread-your-posts-through-this-proven-strategy-and-get-great-profits-in-return--for-posts-created-at-2018-01-10\" target=\"_blank\" alt=\"Steem Network\" title=\"Follow Steem Network´s suggestions to boost your success\">simple steps</a>, that have been worked out by experts?</p>\n</html>",
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