And if you ever lose the exchange rate - you can convert Bitcoins to traditional money; And when it grows - go back to Bitcoins. You are protected from all sides.
What is happening around Bitcoin and why?
Bitcoin is a progressive cryptocurrency that constantly changes. Many people started using Bitcoin, this is why more time is needed for transactions to confirm, as fees increase. The work is expanding, and the current structure of Bitcoin fails to manage current needs and need modernization.
The Bitcoin community has explained some cryptocurrency scaling measures to resolve the serious issues. Probably on August 1, one of them - is SegWit - to be revived. The measure is focused on upgrading the database structure, liberating half of the block space and thereby improving performance twice.
After the block size increase is planned to double the performance (in total it is four times). While there is a small risk that Bitcoin is split into two types (different blocks of blocks / transactions), if the Bitcoin community can not find common goals.
Our opinion about the current situation
We think that every Bitcoin scaling proposal is aimed at its development. Regardless of the decision to be taken eventually, this is undoubtedly in favor of the users.
Our system will support and apply the resolution to win the debate and accept the web community. It can not be different, because it is in favor of our participants.
If Bitcoin is further divided into two types (however, in our opinion it is unlikely), the traders will decide on the situation. (In fact, all leading exchanges will do the same). But nevertheless it does not affect the interests of our participants.
Remember that the current situation can be up building (and it will definitely do it!) Those who are deceitful will be misleading to unwanted participants. Therefore, for safety reasons, we recommend you keep Bitcoins in traders, rather than your personal wallet - so no one stole your money.
Because the system is more fully protected against any emergencies compared to a single user, the most sensible thing to do, in our view, is investing bitcoins in trading today and quietly awaiting all those coming event while watching your money growing. More and more the situation within the system is completely stable today.
PETER, doctor of economic sciences, professor, president of the Center for the protection of depositors and investors, CEO of consulting and analytical union.
In the last four months have seen many developments related to the legal regulation of the General and the future of cryptocurrencies in Russia. One of the options for regulatory cryptocurrencies is included in the new draft administrative code in late December. At the same time, the Finance Ministry continues to promote a much more stringent bills that provide for criminal liability for emissions (mining) altcoins and exchange them for rubles and other Fiat currency on the territory of the Russian Federation. The maximum penalty for the above operations (for managers of financial institutions) increased to seven years in imprisonment, therefore, mining and exchange of bitcoins is essentially equal to grave crime.
Edition bits.media will be asked to comment on the situation and the options for its development of one of the leading Russian experts working on the subject of cryptocurrencies - Peter, who took part in the development of a new Cao is the author of many articles about Bitcoins.
Bits.media: Hello, Peter Watching attempts to introduce cryptocurrencies into the Russian Russian legislative field it is impossible not to notice your active involvement in expertise in groups and the preparation of documents. Please tell us why you are interested in the topic of crypto-money?
USA: Subject to alternative payments and troubleshooting tools included in my scientific interest within the last 15 years. Problems with circulation money are more than 100 scientific publications, some monographs, and participate in the drafting of the national Rules, are a member of the Governing Board of the NP "national payment of the City" . I defended the 2016 Financial Academy under the Government of the Russian Federation doctoral thesis on the implementation of economic interests in the private and national monetary system, and also published a number of monographs on the subject This, including "Private money; history and modernity "and" Money substitutes in the Russian economy ".
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