2/11/2020

Headline, February 12 2019/ '' ' STUDENTS ECOSYSTEM-2011 STUNNERS ' ''


'' ' STUDENTS ECOSYSTEM-

2011 STUNNERS ' ''




BY 2030 WITH OVER 14 BILLION STUDENTS AND USERS ON The World Students Society's  Ecosystem 2011 - and in total respect for the rule of law -

!WOW! will sincerely endeavour to incorporate and begin using LARK LIGHT, its cryptocurrency  as Electronic Cash. In fact, that's what the original inventor had ever intended.

By accomplishing that, the Students of the World would have created the next $1 trillion company, all in the service of mankind, and a company totally owned by the students of the entire world.

BUT HISTORICALLY, ILLEGAL TRANSACTIONS HAVE BEEN a central part of the Bitcoin story since the first online black market, the Silk Road, helped give people a reason to begin using Bitcoin in 2011.

Bitcoin was useful for the Silk Road because the structure of the Bitcoin, without any central authority, makes it possible for a user to create a  Bitcoin wallet and use the tokens without registering an identity with anyone.

Some believed that the digital token might prove to be popular in countries like Venezuela or Argentina, where local currencies are even less stable than Bitcoin. But in those places, interest has recently fallen off, data gathered by the Block, a research firm suggests.

Bitcoin prices and trading did spike in the middle of last year, soon after Facebook announced its intention to create the Libra cryptocurrency.

The price of Bitcoin rose from around $4,000 to more than $12,000. But it has become clear that Libra might face  just as many legal difficulties as Bitcoin. The price of a Bitcoin has recently hovered around $9,000.

Even with the recent declines, Bitcoin trading and prices are still far ahead of where they were at the the beginning of 2017, before a price run that took Bitcoin to nearly $20,000.

Bitcoin advocates have generally been concerned about the amount of illegal activity done using Bitcoin, because they see much larger amounts of illegal activity with traditional currencies, and because Bitcoin has significant draw back for criminals.

''Bitcoin is still a pretty lousy currency to use for cybercrime,'' said Ryan Selkis, the founder of cryptocurrency consulting firm Messari. ''Maybe it is good for petty crime, but if you are running a cartel, it is a different story.

The ledger of all Bitcoin transactions known as the blockchain, publicly records every transaction. Names are not assigned to Bitcoin addresses, but firms like Chainalysis have tracked criminals by tracing transactions through the blockchain to places that know the identity of their users, like Bitcoin exchanges.

Some new dark net markets have pushed customers to use alternative cryptocurrencies that leave less of a trail. But criminals seem to be undeterred by Bitcoin's drawbacks.

The spread of fentanyl, which is blamed for the upoid crisis in the United States, was made possible, law enforcement has said, by Chinese labs selling the drug online for Bitcoin.

One of the new black markets that have become popular over the last year, Empire Market, has several pages of listings for fentanyl in various forms, for 12 grams for $1,600 in Bitcoin to a patch for $41.

Almost all of the new sites have lengthy sections on why, even the drawbacks of Bitcoin, they will remain the place to buy drugs online.

''We welcome all honest vendors to set up shop here, there really is no reason for you not to vend on Monopoly,'' the marketplace called Monopoly says on its support page, after explaining the steps it has taken to avoid the fate of previous markets.

With respectful dedication to the Students, Professors and Teachers of the world. See Ya all prepare and register for 'Great Global Elections' on The World Students Society : wssciw.blogspot.com and Twitter - !E-WOW! - The Ecosystem 2011:

''' Woo - Win '''

Good Night and God Bless

SAM Daily Times - the Voice of the Voiceless

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