Tixl Buster

At this moment,  it seems   like  people, in general, still don't know what to think about privacy ,   a nd I think I know why.   The  news we hear or read about privacy is all about "the government wants to tax cryptos", "the use of cryptos for illegal activities" and other similar  negativity . One of the reasons why Bitcoin was created  is  because it provided "privacy" , a nd this such privacy came because the wallet  address  was that really long sequence of numbers and letters, making it impossible to determine who owns it. If you think that, let me say: you are way off! You have no idea what is going on. In reality, not only  do  people know how much money you have in your wallet, but they also know where it comes from and where it is going. Let me give you some examples. You have BTC and decide to buy a Tesla Model 3 At this point, for this example to make sense, our great friend Elon Musk has to say that Tesl...

I was very pleased with this announcement by the Tixl Team in Medium. Let me try to explain why. What is Tixl In the very beginning, they state their intention:  " The ultimate goal is to have one single high-performance network for all tokens." This is big! And notice they don't say "we want to replace bitcoin" or "we want to replace whatever". Because that is not what this project is about. In fact, I said it before and I will say it again: Tixl is the project that could make BTC become what it wanted to be from the very beginning - a digital currency that is used globally. What is Tixl's main product The team states very clearly:  "Our main product was and is the Autobahn Network. This will stay our core product." Now that they've implemented support fot BTC and ETH/ERC20, they will work on making the Autobahn better: they will implement decentralization, perform audits and connect more networks. This is the birth of a core produc...

We had very interesting news this week: El Salvador decided to approve the use of BTC as currency in the country. It is a small country but the implications related to this are huge. Right after this announcement, we hear that India is studying the possibility, and Texas (?). Yes, Texas. How practical is this though? What is the reason for El Salvador to do this? They say it is because it will be easier for people who are from El Salvador but live in the US, to transfer money to their families in El Salvador. Is that true? Does that make sense? I'm not so sure. These are the points that made me think about this: What is the cost to transfer money from the US to El Salvador? Will people use in El Salvador actually use BTC to buy stuff? The cost to transfer money Ok. We all know that it is expensive to send money from the US to El Salvador (or anywhere abroad) using the traditional means (banks, wire transfers, even Western Union). If someone sends US$1,000, they could have that turn...