🔹Cryptocurrencies Should be Regulated - Here’s Why🔹

🔹At first glance, the idea that governments should legalize and regulate cryptocurrencies seems counter-intuitive. Many quite wrongly believe that cryptocurrencies were invented to bring about anarchy - to go against governments and governance in general. This is simply not the case.

🔹Cryptocurrencies bring about decentralization. The distributed ledger (the blockchain) is a technology which allows information - data - of any kind to be recorded and stored by anyone, anywhere - and to be accessed by anyone, anywhere.

🔹Cryptocurrencies are made (the correct term is “emitted”) when transactions are recorded on the blockchain. This brings about transparency. When governments start to use cryptocurrencies, we will be able to see how it uses its money. Corruption will go away, and democracy will become more direct.

🔹If a politician spends tax money on a yacht - will will know. If a government spends money on bombing a third-world country - we will know.

🔹The introduction of regulations on cryptocurrency transactions will represent an endorsement of the blockchain by governments themselves. When this happens, we will be one step closer to having governments that operate using cryptocurrency and the blockchain. We will be one step closer to full democracy and a better world in general.

🔹Taking to consideration that people’s general attention started to switch out from bitcoin to blockchain technology, we decided that now is the right time to ask ourselves a question about how exactly this technology can affect the lives of ordinary people. After all, bitcoin-is about money, however the blockchain has become much more than it. Lets consider some spheres of our lives, in which the blockchain technology has been already successfully implemented by the first crypto-enthusiasts.

🥗For adherents of a healthy food🥗

Retail giants Walmart and JD.com have launched a very interesting project. They are among those countries who are backing a new blockchain effort in China focused on food safety and traceability. Along with Tsinghua University National Engineering Laboratory and IBM, they have created the Blockchain Food Safety Alliance, which will seek to connect businesses along the food supply chain within the world's most populous country. And that means that there won’t be any unsafe suppliers and over labeled labels with terms of storage. Safety in everything-this is the main idea of blockchain.

🎩For artists🎩

The Ascribe company gives an opportunity to create your own unique ID and digital authenticity certificate, which allows an unequivocally proving the authorship and the art authenticity. The Organizers of this project have already protected the author’s intellectual property on unique projects all over the world. And we do believe that the future of the company is going to be great!

✈️For the great travelers✈️

One more project which reached our attention is Aeron. This one is planning to become a pioneer in the flights security. The project is based on displaying an information concerning the pilot’s experience starting from his school estimates up to the results of his last flight. Also the blockchain will have records about the technical aircraft analyses, which no one would be able to forge or ship on the flight an unreliable jet. You might agree that we all from time to time feel a terrible fear during the flight and this kind of insurance might be rather helpful in getting a calm and comfort flight.

🔹The above list of spheres, which have already implemented the blockchain technology is far from complete. We raised only three of them, but there are dozens already and maybe even hundreds. Stay with us and you will find out how the blockchain can change your life!🔹🔹🔹

#NewsoftheDay How Tokens will change in 2018?Read the new material🙌🏼http://bit.ly/2Fn7fvO via @CoinDesk

The #StudyWithWBB rubric is to your attention🙌🏼
Today we propose you to watch the video «How does a blockchain work - Simply Explained» in order to find out:

🔘How exactly does the #blockchain work?

🔘What are the main advantages of the #decentralized system?

🔘How can the blockchain help to save your #money?

🔘What kind of future we might have with the blockchain #technologies?

📚All this information you can get in 6 minutes, just follow the link ⬇️⬇️⬇️
https://www.youtube.com/watch?v=SSo_EIwHSd4

💠Today we would like to start introducing you to our team. And the first in this list of course is the founder of our project - Igor Romanenko. Igor Ivanovich, has more than twenty years of successful management experience as director and top manager in commercial, state and strategic enterprises.
💠Under his belt an organizer's extensive experience in planning, management, financial management and assets. He was the owner of an idea of creation the world's first bank specializing in working with cryptocurrency assets.
💠More details concerning our project you can find on our website https://wbb.io./

#WBBnewsOfTheDay rubric is to your attention⬇️⬇️⬇️
♦️What if we told you, that EBay, YouTube or Apple Music could be decentralized❓The case when no moderator would ban your video or every song that did melt your heart❤️one day is easy to find? Read the new @coindesk material in order to know HOW is it possible❓❓
https://www.coindesk.com/3-web-giants-decentralized-blockchain/

#WBBNewsOfTheDay rubric is here now🎈🎈🎈
🎈Today we’d like you to go through the 2017 data and analyze with us a #bitcoin way up to the #TOP as well as read some kind of prediction for the #2018 year via @coindesk🎈🎈🎈
https://www.coindesk.com/bitcoin-2017-stats/

💠It is generally agreed that Switzerland is a heart of Worlds bank system. That is why the first World Bit Bank will be located there. After #pre-ICO is finished we will build the first World’s #cryptobank. By the finishing of our #iCO, the bank will be available in following countries:
💠USA
💠China
💠United Kingdom
💠Japan
💠Russian Federation
💠India
💠Turkey
💠Brazil
💠Germany
💠Canada

💠Follow our updates and be the one who changed the World banking system with us🙏

▪️With each passing day #cryptocurrencies become more and more popular legal tender. People around the world use digital money to generate revenue, calculate online, and for the many other purposes. The popularity of #bitcoin in 2017 has reached an unprecedented heights, but is everything so fabulous and unproblematic in such a popular area? We suggest you to introduce yourself with the main problems arising from the absolute decentralization of the #cryptocurrency.

🔳The Fraud🔳

▪️A lot more than once we have heard shocking news that cryptocurrencies are used in an illegal actions. Scammers use them for extortion and theft. Also, thanks to the anonymity of the cryptocurrency, these legal tender can be used to finance terrorism, as well as money laundering, acquired illegally.

🔳An uncertain legal status🔳

▪️Different countries are trying to regulate the issue of Cryptocurrency, but there is still no common policy regarding the problem of determining the legal status of the Cryptocurrency. This absence prevents the Crypto-currency from becoming a full-fledged legal tender and from giving you the opportunity to use it in shops, hotels, restaurants, and what is more important in the institutions that are somehow connected with the government or state.

🔳The waiting time and the size of the commission🔳

▪️The average commission for the operation with #bitcoin is about $5, which is not very pleasant if you need to transfer $20 for urgent expenses. At the same time, there is a problem of waiting for confirmation of the transaction. Now payment done within 24 hours is considered to be the normal, but who among us in the 21st century has so much time to wait?

▪️From these arguments, one can come to the conclusion that at the moment the issue of cryptocurrency regulating is more relevant than ever. We will follow the news and share with you.
▪️Subscribe to our channel https://t.me/WBBCoin and be always up to date with the latest news.
▪️Also we remind that on 1 of March the #Pre-ICO of our #WorldBitBank project will start.
▪️Details can be found in the description of the page, as well as on the website https://wbb.io.

🔹Over time, all #cryptocurrencies gradually fall under the legal regulation by government around the world. Why is this happening? Someone believes that the authorities are afraid of losing control over their country's #economy and financial flows. Others believe that the authorities are trying to impose taxes on transactions with #crypto-currencies, and also to save hapless investors from losing their investments.

🔹Nevertheless, a number of countries have been regulating cryptocurrencies and such a regulation can be called very soft. However South America, China and Korea, India could be an exception, because their #authorities have chosen more stringent options for managing electronic money. In percentage terms, more than 60% of all countries are positively set to cryptocurrencies.

🔹Countries with a favorable attitude to cryptocurrencies include Japan, the United States, Canada and many other European countries. In the same USA, #bitcoin has the official status of electronic currency, the same status it has in Belgium and Belarus. Undoubtedly, the #legislation of different countries may have insignificant differences in the methods of regulation, but in general they are positive for electronic currency. In Sweden, it goes is considered equal to the usual money, Germany is also on the way to the recognition of the crypto currency.