Joseph Carson: Cryptocurrency is a good thing, but they should be scalable and stable
Source:
Despite all of the risks of investing in cryptocurrency, chief scientist of cyber security Thycotic Joseph Carson still believes the crypt "is a very good thing." To overcome some of the obstacles to the stock market just need a little work. About it writes .
thedevelopment of Bitcoin
Thycotic company, which is engaged in the privileged identity management (PAM). Carson notes that the lack of safeguards when investing in the crypt scares Central banks, governments and institutional investors.
The Risks in the stock market is huge. Cryptocurrencies are used in tax evasion, selling drugs and other illegal goods. And although Bitcoin can book or purchase , most of the coins are still spinning in the criminal sphere. The main reason why the crypt is so attractive to scammers – the ability to transfer large funds without the knowledge of the government.
Earlier this year, analysts have found that fraud cryptocurrency accounts for an insignificant share in the total turnover of criminal activities. However, institutional investors are not yet ready to invest their money in digital assets.
Joseph Carson advises not to pay attention to the involvement of criminals to Bitcoin. He is optimistic about the future of cryptocurrencies. However, on the way to this future coins have to overcome many more obstacles.
Unfortunately, the hype has misled many investors, they believe in easy profits on the stock market. Cryptocurrencies is a good thing, but to make them truly scalable and stable. Only then they can be used in everyday life.
And how do you see the future of Bitcoin? Share your thoughts about it in our .
Joseph Carson: Cryptocurrency is a good thing, but they should be scalable and stable appeared first on Two Bitcoin.
Recommended
the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...
Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam
co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...
The Ethereum is a cryptocurrency Scam. A new report Chainalysis
When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...
Related News
In the mobile version of Opera has a built-in crypto
In the latest version of Opera browser for Android has a new feature, which is still under closed beta testing. After the successful launch of the Supplement more than 322 millions of Opera users no longer have to install third-pa...
Alexis make-up: cryptocurrencies will never replace banks
In the published report of the Central Bank of Finland, one of the advisors of the Bank have declared the inadmissibility of equating the crypt for money. Alexis Grim believes cryptocurrency "systems of accounting for non-existent...
Julian Hosp: Bitcoin will rise to $ 60,000 by year-end
co-Founder of TenX Julian Hosp predicts a sharp increase in the prices of Bitcoin to $ 60,000 by the end of this year. Hosp noted that the development of cryptocurrencies is even in spite of the correction of the stock market. It ...
50-year-old woman was jailed for a year for the illegal trade in Bitcoin
50-year-old Teresa Tetley earlier for illegal trading cryptocurrency on the exchange LocalBitcoins. The guilt she had long recognized and unresolved issues it remains only the term of imprisonment in a Federal prison of the United...
Bart Smith: Bitcoin is the best investment in the entire stock market
Trader Susquehanna International Group believes the main cryptocurrency asset to invest in the whole stock market. Bart Smith points to the practical application of Bitcoin and calls it "the currency of the Internet". About it wri...
Cryptopia users complain of outages and problems with the output
Users of popular new Zealand stock exchange Cryptopia seriously concerned about the operation of the service. The work exchange was suspended due to unforeseen circumstances. In addition, some users complained about problems with ...
More than half of the startups in the crypt do not live longer than six months
According to research by academics at Boston College, more than 50 percent of new ICO startups do not live longer than five months after tocancel. The experts also pointed out that the investor gets the greatest profit, if you sel...
The app's popularity fell Coinbase with Bitcoins
In early July, a crypto currency exchange Coinbase approved by SEC and FINRA service Coinbase Custody. It will allow institutional investors store Bitcoin, Ether, Litecoin and Bitcoin Cash. However, institutional investors did not...
Banks of South Korea are not interested in bitcoin. What's wrong?
the Volume of cryptocurrency assets of the Korean banks remains relatively low, despite a sharp increase in Bitcoin at the end of 2017. Banks have accumulated around of 1.79 billion dollars in cryptocurrency as of Dec. It is repor...
last year, Chinese companies, a record number of patents for products created on the basis of the blockchain. Of the 406 applications filed in the world intellectual property organization, 225 had at the company from the country o...
Philippine authorities want to receive millions for the licences to trade cryptocurrency
the Philippine authorities that govern the special economic zone of Cagayan, decided to earn 67 million dollars. Their plan is to sell licenses for cryptocurrency exchanges. According to government news agencies, one exchange of H...
American economists had again predicted the collapse of Bitcoin
the Three most influential US economist Joseph Stiglitz, Kenneth Rogoff and Nouriel Roubini, in an interview with Financial News negatively about cryptocurrencies. According to them, bitcoin as a currency fails. The latter related...
Like yesterday's break-in Bancor will affect the stock market. The experts
Yesterday, hackers broke into the wallets on blockchain startup Bancor and $ 23 million in broadcast, the token BNT and Pundi X. during the investigation of the incident, the platform stopped working and froze the Bank accounts of...
A resident of Moscow lost 870 thousand rubles when trying to buy mining equipment with hands
In April, Muscovite 19.4 thousand dollars in bitcoin when selling coins during a personal meeting with the buyer. The attacker waited until the money will come to his cryptocurrency wallet, and then just left. Now has a similar st...
Hackers broke into the service MyEtherWallet using the extension for Google Chrome
Popular Ethereum-wallet MyEtherWallet was at the center of the scandal. The service has warned its users about possible holes in the security system. It is reported . the Crypto can be hacked by using a VPN In his Twitter the deve...
Boomer the crypt: the British motor show accepts Bitcoin
Investors in crypto-currencies prefer to spend money not only on traditional goods and services. The list of needs also includes luxury cars. To satisfy the demand for them, the dealership Stephen James BMW Group offers to buy a c...
Bitmain Antminer Z9 presented to the algorithm Equihash. Gives a new ASIC miner?
In early June, Innosilicon . The model received incredible Hasrat 50 kcal/s, 620 watts of consumption and the daily income of 142 USD. ASIC is working on an algorithm Equihash, therefore, has become a dangerous competitor for . No...
Bitcoin graffiti: as the cryptocurrency revolution has reached the streets
last year, the topic of cryptocurrency has become so popular that the largest coins logo appeared on t-shirts, mugs and paintings. Now digital money took to the streets of little — known artists around the world with graffiti your...
The same mistake: hackers stole $ 23 million from the wallets on blockchain startup Bancor
In June hackers 31.5 million dollars in bitcoin from hot wallet at the exchange Bithumb. Stealing almost no effect on the market — a manual trading platform has frozen the accounts of traders and promised to pay compensation from ...
102 kilos of food for donation. As Hodler helped Venezuela
Technology of the blockchain has great potential in various industries. As it turned out, it is useful for charity. Check it succeeded with the help of the user under the name Windows7733, which receives donations in the cryptocur...
Comments (0)
This article has no comment, be the first!