This notion delivers the punch line for anyone connecting the dot. This could be one of the most use
paper money out there. The value is not the main subject but you need a couple of them to purchase
at the supermarket. I bet you the cashier will not look at it to see if it is fake or not.
Do you know why ? One of the reason it is a representative of a dollar bill.
two it represents the least denominator bill out there. If you give a 20 or 100
the person will pull the ultra violet light or the marker to check it out.
You can free your mind to see how the trust factor is put to the test.
All these amalgams do not stop anyone from using any fiat currency.
Paper or digital this is the mostly used way of getting service nowadays.
Lately I favor twitter a lot cause I get some of my highlight news in there.
Lately social media is trying to deal with too much stuff.
It has been 7 days #btc has trading below US $9k. Today things change
for the better. A big financial company was bashing crypto currency and
you can see how the world over twitter responded to them.
To my delight #btc went up to US $9.4k. Now the last time a big rig was bashing
#crypto, they were buying it underground. I can see this is the power grab situation
happening in front of our eyes. This is why it is imperative for anyone to hold a little
bit of crypto. You never know when #crypto will go crazy just like 2017.
Where I want to go with this has to do with blockchain technology.
Personally I cannot fully explain how a blockchain work but I get the mechanism behind
it. Let us take #hive for an example. When you say blockchain it is an application running
on the internet. All hivers plug to it from a front end or user interface. You interact with it when posting,
upvoting, commenting. If you are a witness(developer) you have way more function than a regular user.
What makes #hive trustworthy is the fact that
anyone can see all actions in the blockchain.
This is where trust
and the verification comes from.
What is more important
the actions are there forever to verify even after 10 years.
As long as we all agree to run the same blockchain. Since we do not trust
a human being to run the chain, it is neutral for the application to do
what we all agree on.
Due to privacy some info might be hidden but it is there for the right set
of eyes to look through them. This current and use case of cryptography is still
in it infancy but the cluster it is about to open is inevitable.
If you understand where money come from, you will find a way to understand
blockchain as a whole.
At least to get your appetite going we have some we do in #hive every first of
the month.
Be ready to get some and power it up.
It is HIVE POWER UP DAY.
Less #hive on the market, more demand and voila the value will rise.
Be ready to HPUD!
Posted Using LeoFinance
@tipu curate
Upvoted 👌 (Mana: 3/6)
Will keep powering up every chance I get. But more than just the value, we need more people on board
Did you power up in hive pud on the 1st of June ?
No I did not
Yes, i powered up today because i believe in hive so much..
I still say it again that the future is crypto.
Finally, the decentralization that comes with crypto is what verifies it. Great post
Did you power up in hive pud on the 1st of June, we have a -I’ve-power-up day contest ?
Yes i did
Did you make a blog about the power up ?
no I didn't. so am i meant to?