Fiat-currency issued by central-bank/government has its solid physical form whereas the cryptocurrency does not. However, the mechanism of how this cryptocurrency works is closer to the original concept of currency
These cryptocurrencies cannot be excessively printed more than the market demands for the sake of the monopolistic organisation such as central-banks, governments, and big corporations aided by them.
The problem of cryptocurrency is that it requires the technology and the mining capacity of computers across the world to back up with. It is still not convenient for everyone enough to frequently use in our daily life yet.
Sunday, January 14, 2018
Monday, January 08, 2018
New Moon Diagramme, 2018
My astrologist friend taught me that this chart based on the new moon diagramme is the proper chart to use for the forecast whenever we forecast events taking place in monthly and yearly basis. My previous post about 2018 new year forecast showed the chart at 00:00 on 1st Jan., 2018. But, this is not precise to show the aspects of these signs together. Whenever we estimate a relatively long term scenario, it is essential to use the new moon diagramme of this month (Moon is the new moon on 17th Jan, 2018) instead of 1st of the month because a chart based on the new moon diagramme indicates beginnings and causes of the events happening in the long term.
There are several aspects of these signs to focus on this month and this year.
- Jupiter and Neptune form a triangle: The financial market is prosperous so it is stable until this November.
- Uranus forms a square with the rights (Sun and Moon): There is an alarming of reforms although hesitation and obstacles against these reform may easily arise.
- Pluto forms a square with Uranus & Saturn is crossing the ascendant of its own sign Capricorn: The aforementioned reforms will be prevented in favour of conservativeness propping up the status-quo.
All in all, there will be a lot of controversies and frustrations emerging meanwhile implementation of these reforms will be postponed.
There are several aspects of these signs to focus on this month and this year.
- Jupiter and Neptune form a triangle: The financial market is prosperous so it is stable until this November.
- Uranus forms a square with the rights (Sun and Moon): There is an alarming of reforms although hesitation and obstacles against these reform may easily arise.
- Pluto forms a square with Uranus & Saturn is crossing the ascendant of its own sign Capricorn: The aforementioned reforms will be prevented in favour of conservativeness propping up the status-quo.
All in all, there will be a lot of controversies and frustrations emerging meanwhile implementation of these reforms will be postponed.
Friday, January 05, 2018
Thursday, January 04, 2018
Two problems of handling Bitcoin and many other cryptocurrencies
The problem of actually handling Bitcoin is that each transaction takes approximately 10 minutes.
There are other cryptocurrencies which take less time to transact.
However, the other critical problem of all these cryptocurrencies is the security of securing their account.
As it is the electronic form as well as it is operated in the cyber connection, it is critically prone to the cyber hacking.
The improvement by means of these two problems (Loading time for transaction and security for holding an account) is still demanded in order to disseminate a cryptocurrency furthermore.
There are other cryptocurrencies which take less time to transact.
However, the other critical problem of all these cryptocurrencies is the security of securing their account.
As it is the electronic form as well as it is operated in the cyber connection, it is critically prone to the cyber hacking.
The improvement by means of these two problems (Loading time for transaction and security for holding an account) is still demanded in order to disseminate a cryptocurrency furthermore.
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