Crypto Crypto News 2021

Bitcoin is scaling via the lightning network which is what he stated. It’s is near instant with close to zero fees. You can’t get faster than instant! So no eth isn’t faster!
Not sure who wants recognition of banks or gov? I certainly don’t! Sure they can build there own blockchain but what does that solve?
What do you mean by bitcoin isn’t really decentralised and only a few people get to vote on it? Anyone who runs a nodes gets to “vote”. Anyone can run a node with cheap easily accessible hardware.
Not sure what he was talking about with energy into the ground! I take it he was talking about electricity being grounded and the fact massive amounts of energy go to waste each year which could power the network 10 times over. Bitcoin provides a use for stranded and waste energy.

 

https://phys.org/news/2015-12-christmas-energy-entire-countries.html

This Is How Much All Those Christmas Lights Really Raise Your Electric Bill

 

The 81 countries exploring central bank digital currencies

81 countries that represent 90% of global GDP have Central Bank Digital Currencies in development, 17 of which are in a pilot phase or have launched

 

Emma and Hugo were saving for a house deposit. Then they tried to invest in cryptocurrency and lost it all

 

Meet Frank, his job is to scam Australians. And he's done his homework

 

Haha when I read the first part of the title my mind finished the sentence as " and didn't have to save anymore" instead of "lost it all". Buying a house is in the top 5 things people do when cashing out of crypto.

Looking at the article "One day he received an unsolicited phone call" - this is kind of an easy red flag if you don't have dementia. If people are making their own decisions instead of being led, and diversifying, it's a pretty low percentage of bets that actually get rugged.

Also it's an old (forgotten) concept - don't invest in what you don't understand. Coinbase is a listed company, you don't need someone to do it for you. Crypto is a low barrier to entry investment as well, you don't need someone to do it for you. If you do, then you don't understand it and shouldn't mess with it.

 

Meet Frank, his job is to scam Australians. And he's done his homework
Inside the cryptocurrency scam: 'Frank' explains how European scammers target Australians for millions

Is this you?

When these guys call up. I tell them I live under a bridge and is homeless.

They hang up the phone as soon as they hear that.

 

More like "If you're saving for a house, your savings should be in low risk assets" i.e. term deposit or savings. Maayyybe an ASX300 ETF if you're feeling a little greedy.

 

I had one ring me the other day and she yelled “shut up” to me . She then hung up. All I did was ask for her age, weight and body measurements. Some people got no sense of humour. “Ring back! I think I love you” lol

 

Crypto is fast losing it's anonymity the modern OECD world.
Only third world countries will have the ability to go under the radar.
This also means that wallets with scam proceeds are much more easily tracked.
The trail never dies, so the previously thought anons may be getting some surprises.

 

Crypto ETF's

Fees all look around 1.25%

EETH

BT3Q

EBTC

CBTC

Crypto ETF race in Australia led by Canada’s 3iQ Digital Asset Management ahead of ETF Securities and Cosmos Asset Management

Toronto-based 3iQ Digital Asset Management could make history by listing Australia’s first cryptocurrency exchange traded fund, after it pounced on a technical delay holding up rival investment houses and applied to launch two ETFs to the local sharemarket.

The crypto specialist firm quietly lodged disclosure documents with the Australian Securities and Investments Commission late last week, revealing plans to quote the 3iQ CoinShares Bitcoin Feeder ETF and 3iQ CoinShares Ether Feeder ETF on the Cboe Australia exchange.