DAILY CRYPTOS ESPRESSO – news from 29 Sep 2019

Bitcoin’s adoption by the general public is hampered by seven key misunderstandings. Some experts summarized them for you:

  1. You need first to understand why Bitcoin before you figure out what it is.
  2. Bitcoin is not mainly used by criminals and doesn’t provide any real anonymity.
  3. It is not just a technology, but rather a form of money, so it should not be changed continually.
  4. Bitcoin is not a payment mechanism but rather a savings technology.
  5. It does not use an enormous amount of energy, but rather it uses less energy than other forms of finance that require many intermediaries.
  6. It cannot be compared to older technologies.
  7. Most mainstream media really don’t know what they are talking about when discussing about Bitcoin.

Calvin Arye, a supporter of Bitcoin SV, claims that the biggest crypto exchange in the world, Binance, rests on shaky legal grounds and will be shut down within one year.

Bitcoin (BTC)

  • Alternative Cryptocurrencies & Markets

  • Banks, Lenders & Stablecoins

  • Exchanges, Trading, Wallets & Payment Platforms

  • Scams, Frauds, Hacks & Legal Problems

  • Crypto in Politics & Taxes

  • Blockchain Applications