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people wouldnt be able to run to ATMs and withdraw their money : it is a way for them to control who owns their currency and where its going. A possible shifting in the future for the governments is to create their own digital currency backed by a blockchain. Investment product or real solution for the unbanked? For a transaction to be validated, the network (i.e.
The missing tool for a collaborative economy Other challenges are rising for bitcoin but it has already proven what it is capable of and what issues it is solving. Lots of bitcoin enthusiasts are spreading the word and many tech investors and experts such as Tim Draper or the Winklevoss twins forex trading mexico are strongly commited in developing the blockchain world. Today, the bitcoin blockchain can settle 4 to 7 transactions per second, when Visa can handle around 1,650. This enables people to trust each other without knowing one another. Somehow, the shifting worked.
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