What is crypto currency, whether it is banned?

What is crypto currency, whether it is banned?
by

1 Answer

Answer :

A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency. Essentially cryptocurrencies are limited entries in a database that no one can change unless specific conditions are fulfilled. The countries where bitcoin is never legally acceptable as a substitute for a country's tender are The United States of America, Canada, The European Union, Australia, Russia, Vietnam, Bolivia, Columbia and Ecuador.
by

Related questions

What is the future of crypto digital currency?

Description : What is the future of crypto digital currency?

Last Answer : There is not a consolidated super power thinking on cryptos. And making a fiat crypto would differ from the privately manufactured cryptos. At the core of your question is a discussion on what is ... Roght now, cryptos are nothing more than Ponzi schemes that have almost failed but not quite yet.

How to make money online with crypto currency?

Description : How to make money online with crypto currency?

Last Answer : I show You how To Make Huge Profits In A Short Time With Cryptos!Finally, I Have Made A Detailed Training System That Shows An Absolute Beginner (Without Any Skill) How To Make Huge ... Multiply Your Money!Click here and view all details about the "CRYPTO ULTIMATUM" training systemcutt.ly/ckNFlHB

Can crypto currency be viewed as an investment?

Description : Can crypto currency be viewed as an investment?

Last Answer : In addition to the advantages offered by blockchain technology, cryptocurrency has a lot of problems too, such as : 1. Changes in crypto prices are very unstable. One time, the price can rise ... hence it cannot be adopted for all. Under the circumstances, crypto cannot be viewed as an investment.

What standards should social media sites use to determine whether something is "misinformation" and deserves to be banned from their site?

Description : What standards should social media sites use to determine whether something is "misinformation" and deserves to be banned from their site?

Last Answer : I think it’s a mistake for them to get involved with curating truth. The one possible exception would be when there is health-related misinformation that could lead to someone being seriously harmed (e.g. drinking bleach can cure COVID-19).

Why would anyone put even one cent into crypto-currencies when theft seems to be the main way to make money?

Description : Why would anyone put even one cent into crypto-currencies when theft seems to be the main way to make money?

Last Answer : Cryptos are very hgh tech Ponzi schemes anyway. Just ask anyone who bought bitcoin before Thanksgving. It’s called Fear Of Missing Out, and people get so wrapped up in it they lose sight of any rational behavior.

Do you think the CCP attempt to crack down on crypto currencies must backfire in the end?

Description : Do you think the CCP attempt to crack down on crypto currencies must backfire in the end?

Last Answer : I think China is showing that state power is what backs up a currency, not just a conspiracy of quants moving numbers around. They're ahead of the game in creating a usable, state backed crypto, ... other route and make crypto safe havens in the west, we could have a serious problem down the line.

Help me predict crypto transaction fees (approximately)?

Description : Help me predict crypto transaction fees (approximately)?

Last Answer : Generally, expect transaction fees in the range of 0.05% - 0.10%. But the greater cost is a lack of a consolidated market, so while you may be buying at what appears to be the lowest offer, ... buying from may be selling to you after he bought elsewhere for a lower price. That is called arbitrage.

Does Crypto commonly come back?

Description : Does Crypto commonly come back?

Last Answer : Well I think that’s a possibility but it’d be best for you to see a specialist in your area

What are should someone know before investing in crypto currencies?

Description : What are should someone know before investing in crypto currencies?

Last Answer : Buy low sell high

[Serious] People who invest in crypto, which crypto, in your opinion, is best to invest in and why?

Description : [Serious] People who invest in crypto, which crypto, in your opinion, is best to invest in and why?

Last Answer : Attention! [Serious] Tag Notice Jokes, puns, and off-topic comments are not permitted in any comment, parent or child. Parent comments that aren't from the target group will be removed, ... was performed automatically. Please contact the moderators of this sub if you have any questions or concerns.

Is there a similar cloud mining app to earn free crypto like Pi-Network?

Description : Is there a similar cloud mining app to earn free crypto like Pi-Network?

Last Answer : Another app you can look at is birdchain app. Go to Google paly store and search birdchain app or copy and paste the link below tiny.one/birdchaindAlthough not a cloud mining app, birdchain allows your to ... . The app is free. simply install it and create a free account and you're good to go

Is there a similar android/ios cloud mining app to earn free crypto like Pi-Network?

Description : Is there a similar android/ios cloud mining app to earn free crypto like Pi-Network?

Last Answer : Money-changers were also the silversmiths and/or goldsmiths of more recent ancient times. During the 4th century AD, the Byzantine government kept a monopoly on the exchange of currency.Papyri PCZ I 59021 ( ... a value fixed to a specific quantity of a recognized standard like silver and gold. D

Any educational platforms that teach how to buy and sell crypto?

Description : Any educational platforms that teach how to buy and sell crypto?

Last Answer : Online shopping allows the buyer to save the time and expense, which would have been spent traveling to the store or mall. According to technology and research firm Forrester, mobile purchases or ... and community services (like a library), and a social place to meet. Neighbourhood retailing d

Do you know any good places to start buying crypto?

Description : Do you know any good places to start buying crypto?

Last Answer : There are many online sources where you can try to find info about hosting sites but I think this best one I've come across in a while!They offer coupons & I haven't seen that in any other service yet ... ps://yazing .com/deals/bl ue host /leowhite{just take out the spaces to click on the link}

which is the best crypto exchanges to invest in BTC in. India?

Description : which is the best crypto exchanges to invest in BTC in. India?

Last Answer : BTC has gained a universal status in crypto trading and at all exchanges, it's a dominating cryptocurrency across all spot and futures markets. In fact, it's synonymous to the term crypto ... quite low at PCEX Member. The exchange has a strict policy regarding spoofing or price manipulation th

Are crypto currency’s that you can mine on your phone like Pi Coin and Bee Network a scam?

Description : Are crypto currency’s that you can mine on your phone like Pi Coin and Bee Network a scam?

Last Answer : I saw this question but didn't know how to reply to others so I made my own and replied to it.To put it simply no they are not a scam. They are just like B-Coin was back in 2009 ... of coins by that point.You also need a referral code to joinPi coin code : tm88814Bee Network code : tm88814

Are there any good small crypto exchanges or trading platforms?

Description : Are there any good small crypto exchanges or trading platforms?

Last Answer : I think there's a lot of good smaller trading platforms out there. KoinPro is a good one. It's a small Bitcoin futures trading platform where you can trade crypto and stock CFD with Bitcoin. ... January 2020. It's pretty simple yet addicting. It's kinda easy to profit with its innovative contracts.

Can I make $20k by month in crypto?

Description : Can I make $20k by month in crypto?

Last Answer : If you invest in some trading platform to earn that amount of money you need to gamble a huge amount of money to trade but this is a serious matter where you can gain or lose a lot of money But ... lot of people maybe you will earn that amount a month or maybe even more Try Faucet crypto /ref/642504

Can I make $20k by month in crypto?

Description : Can I make $20k by month in crypto?

Last Answer : If you invest in some trading platform to earn that amount of money you need to gamble a huge amount of money to trade but this is a serious matter where you can gain or lose a lot of money But ... lot of people maybe you will earn that amount a month or maybe even more Try Faucet crypto /ref/642504

Does anyone know anyone who lost money in crypto-trading?

Description : Does anyone know anyone who lost money in crypto-trading?

Last Answer : Answers is the place to go to get the answers you need and to ask the questions you want

Using the RSA public key crypto system, if p=13, q=31 and d=7, then the value of e is (A) 101 (B) 105 (C) 103 (D) 107

Description : Using the RSA public key crypto system, if p=13, q=31 and d=7, then the value of e is (A) 101 (B) 105 (C) 103 (D) 107

Last Answer : (C) 103 Explanation: Basic RSA Algorithm: 1. Choose two primes, p & q. 2. Compute n=p*q and z=(p-1)*(q-1). 3. Choose a number relatively prime to z and call it d. 4. Find e such that e*d= ... each of these in turn by 7 to see which is divisible by 7, we find that 721/7 = 103, hence e = 103. 

Why did NAC get banned?

Description : Why did NAC get banned?

Last Answer : The body uses NAC to make glutathione. It's safe and it works. it's also an excellent antioxidant, and is great at breaking down mucus. NAC has long been used as a treatment for acetaminophen overdose ... the future it probably won't be available at all. People who use it regularly are stocking up.

Which one/s on the banned from facebook list doesn't/don't belong on the list, and why?

Description : Which one/s on the banned from facebook list doesn't/don't belong on the list, and why?

Last Answer : Paul Joseph Watson. He’s far right and believes a lot of stupid things, but he was the one that actually thought Alex Jones was crazy for believing that Sandy Hook was a hoax.

Should Catholics or Jews be banned from taking in foster children?

Description : Should Catholics or Jews be banned from taking in foster children?

Last Answer : I think anyone who is religious should be banned. Why stop at just Catholics and Jews? Why not Mormons too, at least?

What substances are banned in many countries, but not even controlled in the USA?

Description : What substances are banned in many countries, but not even controlled in the USA?

Last Answer : Guns

Which way worse songs should get banned before "Baby it's Cold Outside"?

Description : Which way worse songs should get banned before "Baby it's Cold Outside"?

Last Answer : “Me So Horny” 2 live crew

The White House has barred reporter Jim Acosta with CNN from reporting from the White House. Should reporters be banned from asking hard hitting questions?

Description : The White House has barred reporter Jim Acosta with CNN from reporting from the White House. Should reporters be banned from asking hard hitting questions?

Last Answer : There’s ONLY a problem when trump feels uncomfortable being truthful…aka dodging questions in order to suppress the truth!!!

Should smoking in your vehicle be banned because a few smokers continue to throw their lit butts out the window?

Description : Should smoking in your vehicle be banned because a few smokers continue to throw their lit butts out the window?

Last Answer : Naw. Ban the cars that the butts are thrown out of. Makes as much sense.

What do you think of these words being banned by Trump?

Description : What do you think of these words being banned by Trump?

Last Answer : Not much would surprise me, with this administration. My understanding is that there are places where they are told not to mention global warming, or climate change. It’s quite a shame that Trump is raping the country so. Oh well….

Are we allowed to ask a question about why a longtime member was banned?

Description : Are we allowed to ask a question about why a longtime member was banned?

Last Answer : I was hoping to reach the mansion before I hit my expiration date. I don’t see how that is possible with the mansion crumbling before my eyes. Sigh.

Can wearing masks in public be banned?

Description : Can wearing masks in public be banned?

Last Answer : zenvelo IMHO all hoods and face coverings need to be banned! Starting immediately. Our country is being vandalized by hoods and thugs!

Americans -- if you were banned from the U.S. where would you go?

Description : Americans -- if you were banned from the U.S. where would you go?

Last Answer : Italy, France, or Spain. I very well may retire in one of those countries. Civilized, beautiful, congenial, rational.

Should all anti-depressants be banned?

Description : Should all anti-depressants be banned?

Last Answer : Well. First off, lots of antidepressants, can't just be discontinued. The person needs close/frequent contact with a doctor. Some have extreme personality changes, when even minor dosage changes are made ... if they took the drugs ,as directed by a competent physician, they might better their lives

If a person was banned from a store for shoplifting ... how would they get back in their good graces?

Description : If a person was banned from a store for shoplifting ... how would they get back in their good graces?

Last Answer : If he were my friend, I would tell him that he could make it up to the wronged store by never shoplifting again in any store and never returning to the store in question.

Are pro-nazi related swimwear banned in Nice, or just the so called Burkini?

Description : Are pro-nazi related swimwear banned in Nice, or just the so called Burkini?

Last Answer : answer:@flo It's not the so called burkini; it's the burkini. Whether you like the name or not, that's what the person who invented it and trade-marked it calls it. And yay for the high court ... is only in one town so far. I totally fail to see how Nazism has anything to do with the issue.

What are you substituting for banned plastic bags?

Description : What are you substituting for banned plastic bags?

Last Answer : answer:Yes, reusable totes for the grocery. But for home, I buy small (4 gallon) garbage bags at Dollar Tree, 50 to a roll. They're even lavender scented. And unlike grocery bags, they don't ... As far as newspaper, my hubby works in construction, so we always have rolls of painter's plastic around.

Do you think Russia should be banned from Rio Olympics?

Description : Do you think Russia should be banned from Rio Olympics?

Last Answer : from a public health perspective it is probably the best thing that could happen to Russia.

Do seed vaults include banned plants?

Description : Do seed vaults include banned plants?

Last Answer : answer:I don't know if they actually do, but they should. More than once, something that was thought to be a weed has turned out to be a farmable, profit-making plant that has commercial ... that the political correctness lobbyists would not stand in the way of storing seeds for unpopular' plants.

Why should riding elephants be banned but horseback riding not?

Description : Why should riding elephants be banned but horseback riding not?

Last Answer : Annoying video link that was describing Swaziland and Rhino horn trafficking when I clicked on it.

Should cat bathing machines be banned?

Description : Should cat bathing machines be banned?

Last Answer : answer:No, we should just take anyone who uses them on cats who hate them, and put them in a machine that turns them into cat food. Failing killing everyone responsible, yes, they should be banned.

What are your thoughts on the "Banned Books" feed that has been circulating on Facebook?

Description : What are your thoughts on the "Banned Books" feed that has been circulating on Facebook?

Last Answer : Banned Books Week is an event organzied by the American Library Association - when they are not too busy shelving books. It doesn't just mean books that have been banned by the US government; ... that have been taken off of library shelves because of patron or parents or school board complaints.

Do you believe women breastfeeding their babies should be banned from doing so in public?

Description : Do you believe women breastfeeding their babies should be banned from doing so in public?

Last Answer : I thought this issue was resolved decades ago! No, baring a breast to feed ones infant is not a sexually provocative gesture. Babies need to eat when they need to eat and if that means they get hungry in ... deal with it. Good grief, you mean to tell me is still a controversial issue in 2014? Bah!

Mods, how many times can a jelly attack before getting banned?

Description : Mods, how many times can a jelly attack before getting banned?

Last Answer : answer:I think the mods will give you a stern warning you are on your way to being kicked off the site before it actually happens. Depends what it is of course, how bad it was. When they mod your response do you see what you did wrong, or is it confusing to you?

Should bottled water be banned?

Description : Should bottled water be banned?

Last Answer : answer: One of the worst questions I have seen here, for several reasons. It's never going to happen, ever, it's too large an industry with countless different companies. Yes, it pollutes, ... of other things a government could do to reduce pollution, bottled water is nothing compared to a lot.

Should corporal punishment be banned in schools?

Description : Should corporal punishment be banned in schools?

Last Answer : Are these homework questions? Maybe designed to get some inputs you are supposed to discuss for an essay?

Should limit stretching and dangerous pursuits be banned?

Description : Should limit stretching and dangerous pursuits be banned?

Last Answer : No, never, pushing the envelope is the only way to open limitless boundaries.

Thoughts on bullfighting. Should it be banned?

Description : Thoughts on bullfighting. Should it be banned?

Last Answer : I think it’d ridiculous. All of it. Yes, should be banned.

Banned in Massachusetts! - Are you still going to drive during the storm?

Description : Banned in Massachusetts! - Are you still going to drive during the storm?

Last Answer : I definitely wouldn’t drive (if I had a car). I just got back walking to and from the grocery store. It’s nasty out there. Didn’t stop a lot of people from driving, though.

What would be a great part to read in public from The Catcher in the Rye for this year's Banned Book Week?

Description : What would be a great part to read in public from The Catcher in the Rye for this year's Banned Book Week?

Last Answer : answer:In chapter 22, the famous explanation of the title. It might or might not be germane to the reason for banning the book, but it’s a start.

Should a teen who has stolen from a relative be banned from their home forever?

Description : Should a teen who has stolen from a relative be banned from their home forever?

Last Answer : I don’t understand; if they were loaned to him, how did it change to him stealing them? especially if he willingly gave them back?