G-BiTX Launch CryptoCurrencies Trading Group on Telegram
Got questions on Bitcoin, Ethereum, Ripple or BitConnect? G-BiTX has the answers, the company has launched a channel on Telegram to help people navigate the world of CryptoCurrencies.
Join the Channel Now, Click Here
— Live Trading News (@Livetradingnews) January 16, 2018
Despite the recent correction, the army of digital currencies led by bitcoin demonstrated incredible growth in 2017. But their rise in value could trigger a crime tsunami.
Cryptocurrency savings are highly vulnerable to hacking and investors can do very little to stop them. Moreover, those assets cannot be legally protected as there is no Federal Deposit Insurance Corporation (FDIC) insurance for cryptocurrency, which could mean all the losses due to theft or fraud would not be reimbursed.
Digital exchanges, virtual wallets, ICOs, Decentralized Autonomous Organization, mining firms, virtual private servers and hosting services have been attacked by hackers for years. Bitcoin mining corporation NiceHash was hacked on December 7th with its customers losing over $60 million, reports Yahoo Finance. Moreover, Tether was reportedly hacked for $31 million last year. The cryptocurrency exchange Bitfinex lost $77 million after a hack attack the previous year.
GBiT makes it easy to access and use a super secure cryptocurrency that has all of the benefits of Bitcoin and more. Transactions in GBiT happen faster and are more anonymous but within our proprietary checks and balances. Did you know that anyone with your public Bitcoin wallet address can see how many bitcoin you have, and your entire transaction history? GBiT protects your transaction history and wallet contents from prying eyes, whilst leaving publicly accessible transaction hashes available for the technically discerning to authenticate transactions.
Super Secure – Unhackable Offline Wallets.
Transparent Exchanges are the Future of Bitcoin
Tax evasion and money laundering are not going to be accepted by Governments around the world and the true future of Cryptocurrency is not dependent on criminals and money launderers, some crypto houses like G-BiT have seen the writing on the wall and build a system that is compliant with international Anti Money Laundering and Tax Laws.
There is no doubt some CryptoCurrencies with fail, some will be scams, and some will live on to change the very nature of money and wealth, no wonder the old dudes are scared.
CryptoCurrencies is not about Tax Evasion or Money Laundering, real hardcore fundamental CryptoCurrency Exchanges like G-BiT have seriously tackled the Money Laundering and Tax issues, that’s why they have such a bright future. While the Establishment still wants you to be hit with heavy fees and delays sending money around the world the reality is that is legalized theft built in to the Banking Sector and is not a product of cost or reality, CryptoCurrencies have proven that!