The establishment of J5 shows that governments around the world are committed to strengthening international cooperation and resolutely cracking down on international tax crimes, financial crimes, money laundering and cyber crimes using cryptocurrency. In addition, we will share the results and experience of collective efforts to jointly identify and rBitcoin mining Raspberry Piespond to increasingly complex global scams, as well as the professional drivers (professional enablers) that promote such projects.
In addition to UnionPay, well-known card organizations in the world include VISA, Mastercard, AmericanExpress, etc. With more and more banks in different countries joining Visa, Mastercard and other card organizations, card users can make unimpeded card consumption in many countries around the world.
On the afternoon of October 15, 2018, a series of declines started the frenzy of USDT-USDT fell below 0.88 U.S. dollars, a drop of 5% at one time. On the contrary, cryptocurrencies led by Bitcoin began to rise, and the benchmark The cryptocurrency of USDT began to rise in a straight line, and the increase far exceeded that of USDT. The highest was Bitcoin, with an increase of 18%. This time it fell and rose. Some people in the currency circle called stablecoins not "stable". The stablecoins were dead and the currency circle fell into chaos. The number one USDT fell to the altar. Such a situation may be destined to happen. Tether, the issuing company of USDT, has been problematic from the beginning...
Personally, I am quite optimistic about the Lightning Network. At first glance, it is an ingenious or even genius idea, but there are serious problems in the economic model. At present, members of the BitcoinCore development team have proposed to reduce the Bitcoin block limit to 300K. , In order to promote the use of the Lightning Network, this is a very dangerous signal.
The S2F ratio is calculated by dividing the inventory (total supply) by the flow of assets (new production). In PlanB's article, he defined the stock of gold as 185000T, and its circulation is 3000T per year. Therefore, the S2F ratio of gold at that time was 185000/3000=61.6, which is 62 after rounding.
Unfortunately, this theory has not clearly translated into the field of cryptocurrency. This leads us to an excellent article written by well-known scholars such as Soumya Basu, DavidEasley, Maureen O'Hara and Emin Gün Sirer: TowardaFunctionalFeeMarketforCryptocurrencies ("Toward a Practical CryptocuBitcoin mining Raspberry Pirrency Fee Market"):
Paradigm is currently one of the most active cryptocurrency investment institutions. In their daily work, they must face investors who are interested in Bitcoin but skeptical, especially institutional investors from traditional investment institutions and family offices. They often need to invest in these huge assets. People explain the value of Bitcoin. In the end, Huang Gongyu decided to write an article explaining clearly the value of Bitcoin in his eyes and answering the most concerned questions of these investors.