What is the main advantage of the QR code in the world of cryptocurrency? Expert's answer


2018-09-13 08:15:07




1Like 0Dislike


During the conference the CEO of Blockchain Cruise BTCC Bobby Lee spoke about the benefits of QR code for Bitcoin. According to Lee, the code gives a great opportunity to quickly raise funds in cryptocurrency. About it writes .

How easy it is to get a lot of bitcoins

The Public key or the address of a wallet is a long combination of letters and numbers, which is quite hard to remember. But thanks to a QR code to send bitcoins to any wallet address is just a few seconds. So much easier to send the cryptocurrency, or to sacrifice her for the benefit of the needy.

A QR code is much better than long strings of characters. I can even encode your private key to send a code to charity. Those who are interested in it, you can simply scan the QR code and get a wallet with a small amount of cryptocurrency.

Li pointed out that Bitcoin is «money in the cloud».

You Know, with all these blocks of coins are not stored somewhere in a certain place. Private key — only address by which to access them. I really wonder what the development of the blockchain will come in the future.

The CEO of BTCC pointed to the need to declare relatively large sums of money at border crossings. People can't just carry more than 10 000 dollars to another country.

For example, I flew to Barcelona by plane. I have a 100, 1000 or 10,000? Nobody knows, because my money in the cryptocurrency.

With Bitcoin there is no need to tell someone about their income and to obtain permission to own their own money. In the future, the cryptocurrency may provide the necessary freedom to the citizen of each country.

By the Way, all future cryptomelane going in our . Are you already there?


Litecoin has broken the level of 60 dollars and could trigger bullrun Bitcoin

over the past three months shows a steady growth. It is also connected with information about possible integration MimbleWimble — privacy Protocol, which is used to Grin and Beam. According to analysts, this trend may provoke the rising trend of Bitc...

Where the potential growth niche cryptocurrency? Reply Tom Lee

Known in the cryptocurrency community for its forecasts prices co-founder of Fundstrat Tom Lee called for the transmission of CNBC Crypto Trader. Along with leading a Ranom Namerom he discussed the issue of the predictions of the courses, and even to...

Binance runs from regulators, but in the end will lose. Report MIT

the world's Largest crypto currency exchange is playing a dangerous game with the regulators. She continues to work as if the market is still bullish, that is, including increasing the capitalization at the expense of ICO. The experts at MIT believe ...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

Hacker 1337. How to hack Etherscan not to cause any harm

Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...

Fear the ruble: Russian Central Bank conducted its own ICO

recently, representatives of the Central Bank of Russia reported about the successful . However, while Fund-raising has occurred in test mode «sandbox». As the experts said, technically crowdfunding is not had any proble...

Exchange the Winklevoss brothers has released stablon GUSD. It was approved by the controller of new York

Exchange the Winklevoss brothers also launched their own dollar token Gemini (GUSD), is pegged to the dollar. This is the analogue of the Tether, which has repeatedly been accused of manipulation of the exchange rate of Bitcoin. A...