Never before has 1 Timothy been as true as it is today. When we read I Timothy Chapter 6 and verses 17-19, we see the instruction about not trusting in money…. “Teach those who are rich in this world not to be proud and not to trust in their money, which is so unreliable. Their trust should be in God, who richly gives us all we need for our enjoyment. Tell them to use their money to do good. They should be rich in good works and generous to those in need, always being ready to share with others. By doing this they will be storing up their treasure as a good foundation for the future so that they may experience true life”…. (New Living Translation).
Other translations say it this way … “uncertainty of riches” (English Standard Version, ESV … “wealth, which is uncertain”(New International Version) … “nor trust uncertain riches” (King James Version).
The point is that the real value of money, wealth, or means of any kind, cannot be trusted. If Paul, the apostle, knew this truth nearly 2,000 years ago, it is even more true today. Jesus said, “Don’t store up treasures here on earth, where moths eat them and rust destroys them, and where thieves break in and steal. Store your treasures in heaven, where moths and rust cannot destroy, and thieves do not break in and steal. Wherever your treasure is, there the desires of your heart will also be” (Matthew 6:19-21 New Living Translation).
What we need to know, is that God will guide us on how to live with uncertain realities. God will provide for His people as He always has. We can truly rest with confidence that the Lord will make a way for us as we quietly look to Him, and earnestly inquire about the steps we need to take to live in a way that glorifies Him.
Dark days are approaching that will continue to afflict the whole earth. When we think “pandemic,” we know that the Coronavirus is everywhere throughout the whole earth, but what is coming financially, along with diminished individual autonomy, is going to make the Coronavirus virus seem like a little bump in the road of life.
Riches are uncertain, period. However, everything in this life is now uncertain as well. As we fix our eyes on Jesus and listen for His direction, He will clear our hearts of troubling thoughts, so we move confidently knowing that He holds our future and He is trustworthy.
How long is Bitcoin going to remain number 1 cryptocurrency, and is there at least one contender on the cryptocurrency market to take its place? The Ethereum developers and supporters are convinced that it is the brainchild of Vitalik Buterin that can make a revolution.
What do is take for this? There are betting mostly on Decentralized finances, whereas DeFi is gaining momentum no worse than ICO at the time. The transition to the POS algorithm, which will happen after the launch of Ethereum 2.0, will also help overthrow Bitcoin. Besides, Bitcoin owners may be interested in the financial ecosystem within the Ethereum blockchain.
Is it enough or the top-1 Ether needs something more? And what will be the ETH price in the nearest future?
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Zilliqa News : Will Zilliqa (ZIL) Replace Ethereum? There has been alot of talks as far as Zilliqa vs Ethereum is concerned. Since Ethereum will switch to proof of stake soon, Beyond10x wanted to compare Zilliqa and Ethereum.Zilliqa crypto has the following advantages over eth 2.0. Zilliqa review analysis has proven that Zilliqa’s Network sharding is far superior than Eth 2.0 State sharding. ZILLIQA does what is called network or transaction sharding. Imagine a sample network of 1,000 nodes. ZILLIQA will automatically divide the network into 10 shards each with 100 nodes. Each shard can now process transactions in parallel. If each shard is capable of processing 100 transactions per second, then all shards together can process 1000 transactions per second.
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As the world turns more digital, crypto’s pioneer asset Bitcoin ( BTC ) could take on gold’s store of value role, according to the CEO and co-founder of Digital Assets Data, an analytics firm.”I see Bitcoin replacing gold as the hardest money for savers with long time horizons,” CEO Mike Alfred told Cointelegraph. “Young people are far more interested in Bitcoin in a world where the economy becomes increasingly online and virtual,” he added. Since its launch over a decade ago, Bitcoin has travelled a price path from less than a dollar, all the way up to nearly $20,000 . In that time period, the asset has changed roles several times, from a transactional currency to a financial asset, and everything in between, according to analysis from crypto Twitter analyst PlanB.”The most compelling use cases continue to be in emerging markets where monetary instability and inflation makes it extremely risky to save in the local currency,” Alfred said. Venezuela, for example, was hit hard by inflation in recent years, finding itself drowning in 10,000,000% inflation by the latter half of 2019. Bitcoin, however, found greater popularity in the middle of such cash troubles.”As Bitcoin becomes more accepted, it will be used in more financial transactions and accepted by an increasing number of tax authorities,” Alfred posited. “Eventually Bitcoin could be completely interwoven into the fabric of the global economy.”Not everyone sees Bitcoin in a positive light. Economist and BTC sceptic Peter Schiff has tweeted a number of comments against Bitcoin, preferring gold as an investment. Bitcoin posted astronomical price gains over the last decade, as crypto space participants often point out. Noting such statistics, Schiff predicted the coming years as gold’s time to shine as Bitcoin loses value.”Over the past several years Bitcoin hodlers poked fun at gold investors because Bitcoin gained so much more than gold ,” Schiff tweeted. “Over the next several years those roles will reverse, but not because gold rises more than Bitcoin, but because gold moons as Bitcoin crashes back to earth,” the gold bug added. Banking giant, Goldman Sachs, also recently said it does not view Bitcoin as a legitimate asset category. Plenty of crypto industry participants have countered various arguments against BTC over the years, however, including Anthony Pompliano’s Bitcoin hedge argument .
All data is taken from the source: https://cointelegraph.com/
Article Link: https://cointelegraph.com/news/bitcoin-will-replace-gold-crypto-data-analytics-company-ceo-says
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Bitcoin Will Replace Gold, Crypto Data Analytics Company CEO Says: https://www.youtube.com/watch?v=6C3S4Dm-X4w
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A new report from Deutsche Bank says cryptocurrencies could transition from being a cash alternative to a full-blown replacement over the next decade. The report, which attempts to predict future trends in the world of finance, calls cryptocurrency the “21st century cash.”“Until now, cryptocurrencies have been additions, rather than substitutes, to the global inventory of money. Over the next decade, this may change. Overcoming regulatory hurdles will broaden their appeal and raise the potential to eventually replace cash.”The report highlights increasing inflation as a potential catalyst for the rise of alternative forms of money like Bitcoin.“Eventually, it is possible that inflation will become more and more embedded in our system and doubts will rise about the sustainability of fiat money. The demand for alternative currencies will therefore likely be significantly higher by the time 2030 rolls around. Will fiat currencies survive the policy dilemma that authorities will experience as they try to balance higher yields with record levels of debt? That’s the multi-trillion dollar (or bitcoin) question for the decade ahead.”As for the pace of adoption, the report predicts there could be 200 million blockchain wallet users by 2030.“Assuming governments back cryptocurrencies, and consumers want them, adoption rates will drive the timeline for mainstream use. The chart below shows the adoption rates of blockchain wallets with the equivalent for the internet. It is early days but the curves are similar after adjusting for scale. Indeed, if current trends continue, there could be 200m blockchain wallet users in 2030.”You can check out the full report here. Check Latest News Headlines
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Bitcoin and Cryptocurrency Could Replace Cash, Says Bombshell Deutsche: https://www.youtube.com/watch?v=DZqWTJXzF0c
Unstoppable Domains has launched its new dot crypto domain registry on the Ethereum blockchain.
According to a press release published on October 11th, The registry allows users to connect any crypto address to their domain, enabling payments to be made using just the domain name.
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� DISCLAIMER: This article should not be taken as is, and is not intended to provide, investment advice.
Mark Carney, Bank of England governor, proposes a new digital currency backed by a basket of currencies or goods to possibly replace USD.
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DAILY CRYPTO NEWS: 2 January, ’19 (https://coinage.com)
While it’s over a month since OKEx exchange started with perpetual swaps, it has recently added ETC and LTC perpetual contracts. Read the full story here: OKEx Launches Perpetual Swaps For ETC and LTC
Adam Dodds says, “It was a kind of gateway drug… but instead of a pot to heroin, it was a drug to something better,”. Read the full story here: https://coingape.com/crypto-fad-freetrade-founder/
Ethereum bags second position descending XRP. Read the full story here: https://coingape.com/ethereum-reclaimed-top-second-position/
Cameroon Separatist State Ambazonia Sells Ambacoin To Replace CFA Franc. Read the full story here: https://coingape.com/cameroon-separatist-sells-ambacoin/
Nano Starts 2019 On Backfoot As Key Developer PlasmaPower (Lee Bousfield) Leaves the Project. Read the full story here: https://coingape.com/nano-key-developer-leaves/
Certain Key Metrics Suggest 2018 Was The Best Year For Bitcoin, Says Jameson Lopp. Read the full story here: https://coingape.com/key-metrics-2018-best-year-bitcoin-jameson-lopp/
Iran Criminalizes Telegram’s Gram Crypto, Considers it a Threat to Rial. Read the full story here: https://coingape.com/iran-criminalizes-telegram-gram-crypto/
Bitcoin Price Analysis Jan 2: BTC Signaling Bullish Continuation Above $3,900. Read the full story here: https://coingape.com/bitcoin-price-analysis-jan-2/
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WARNING Important Bitcoin NEWS! Ripple XRP Replace BTC As Top Crypto
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