Waching daily Aug 1 2017

Cryptocurrencies or virtual currencies, are digital means of exchange that uses cryptography

for security.

The word 'Crypto' comes from the ancient greek word, '​kryptós

​ ', which means hidden or private.

A digital currency that is created and used by private individuals or groups has multiple

benefits.

The defining benefit of cryptocurrency is that it is not governed by any central authority

or financial institution, rendering them immune to government interference or manipulation.

This is called having a decentralized system.

A centralized economic system however, consists of government or corporate control of currency.

The government and central banks control the supply of currency by printing units of fiat

money and controlling their values as well as transaction cost.

In a decentralized economic system, the supply and value of virtual currencies are controlled

by the users themselves, through highly complex protocols using peer-to-peer network.

In 2008, Satoshi Nakamoto, a pseudonymous individual or group, proposed an electronic

payment system that is based on peer-to-peer network which is supported by cryptographic

proof instead of relying on trust or a third party system.

In 2009, Satoshi introduces Bitcoin which became the first decentralized cryptocurrency.

To prevent problems such as double spending, bitcoin transactions are recorded on a public

ledger using blockchain technology so everyone in the world can verify who gets paid first.

Each transaction is seen as a case-sensitive address which anyone can generate in order

to receive the coins.

So how are these coins created?

Out of thin air?

Yes, exactly!

Bitcoins​ are ​generated​ by a competitive and decentralized process called "mining".

Miners, which are also Bitcoin users, verify each transactions by solving advance mathematical

equation using computing power.

By solving each equation, they themselves are awarded some coins in the process.

The uses of these coins such as Bitcoins include cheap international transfer, micropayments

and even payments in some retail stores around the world.

Today, there are many Bitcoin alternative coins called altcoins.

Most altcoins hope to either replace or improve upon Bitcoin or even with each other.

Altcoins can vary widely from each other and each altcoin promises features such as faster

transaction speed, more secure privacy, proof-of-stake and many more.

Of course, with all the benefits on the table, there are disadvantages to using cryptocurrencies

as well.

There are higher risk and volatility in the market due to its lack of widespread adoption.

Due to its anonymity, it is a powerful tool for financing crime.

Lastly, online cryptocurrency exchanges are still susceptible to technical glitches and

cyber attack which can deeply affect the value of the coins.

Overall, cryptocurrencies still have a long way to go before they can replace today's

form of money and be truly accepted in the global commerce.

Only time will tell when the rest of the world is ready to accept cryptocurrencies as the

everyday means of payment.

For more infomation >> What is Cryptocurrency? - Duration: 3:30.

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Boris Becker: 'Niet alles is wat het lijkt...' - Duration: 0:38.

For more infomation >> Boris Becker: 'Niet alles is wat het lijkt...' - Duration: 0:38.

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What is a deposit bonus? | Beginners Guide | - Duration: 2:46.

Most sites offer a 'first deposit bonus' as an incentive to join up and play.

These are usually advertised as a percentage, such as "300% Welcome Bonus",

but sometimes they'll appear as a "Deposit this, play with that" message instead.

Wherever you see a percentage offered, that is basically a multiplier of your first deposit.

So the more you put in, the more you'll get back in bonus.

For example a 300% offer on a £10 deposit would mean £30 in bonus, but for a £20 deposit you would get a £60 bonus to play with.

Percentage bonuses will always have an upper limit to what you can receive,

so make sure you check the terms and conditions if you're thinking of going bigger than a tenner on your first deposit.

Wherever you see a "deposit this, play with that" deal, it's pretty much the same thing, but with the maths done for you.

"Spend £10, play with £40" is just another way of saying you get a 300% bonus, if you include the £10 cash you deposited into the total.

Always check the terms and conditions to see if you could get more bonus for making a larger first deposit,

as this isn't always the case when offers are worded this way.

The vast majority of bingo sites will give you your bonus funds straight away,

but on some platforms you may not get the bonus until you've entered a bingo room and chosen a chat name.

If the offer says "Spend", rather than "Deposit", then this usually means

you won't get your bonus until you've spent that amount on bingo tickets on the site.

Another thing to look out for with first deposit offer is where you can spend your bonus money.

Some sites will only allow you to spend the bonus in specific bingo rooms,

whereas others may give you slots or instant games bonus as part of the deal.

Some bingo sites are offering just bingo tickets in a specific big money game as the welcome bonus.

While this limits choice, the advantage is that the offer does not have any wagering requirements attached.

When it comes to making a withdrawal, all bingo offers will have some level of wagering requirement on the bonus,

but it can vary wildly from site to site.

Sometimes the sites offering the biggest bonuses can have the most restrictive wagering requirements,

so a bigger deal doesn't always mean it's a better one.

Our advice is to always read the terms and conditions,

and if you're still unsure then simply visit our reviews page for more information and player opinions.

Best of luck.

For more infomation >> What is a deposit bonus? | Beginners Guide | - Duration: 2:46.

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Is Reincarnation Reasonable? - Duration: 2:40.

Reincarnation, which literally means "to

be made flesh again," is the belief that

after death the soul lives on in another body.

But the Catechism states, "'It is appointed

for men to die once'.

There is no 'reincarnation' after death."

Members of the early Church offered three

reasons to reject the idea of reincarnation.

First, in the fourth century St. Ambrose said

that it would be impossible that "the soul

which rules man should take on itself the

nature of a beast so opposed to that of man."

In other words, despite what you might see

in movies, the migration of souls between

human and animal bodies is as impossible as

procreation between humans and animals.

Second, humans do not behave as if they possessed

souls that lived before the birth of their bodies.

The third-century ecclesial writer Tertullian

put it this way: "If souls depart at different

ages of human life, how is it that they come

back again at one uniform age?

For all men are imbued with an infant soul at their birth."

The absence of animals and infants who act

like mature adults is evidence against the

theory of reincarnation.

Of course, a defender of reincarnation could

say that although a person's soul inhabits

a new body, his memories and personality do not.

But this makes reincarnation the practical

equivalent of not surviving death.

It also raises the question St. Irenaeus asked

in the second century: "If we don't remember

anything before our conception, then how do

advocates of reincarnation know we've all

been reincarnated?"

Third, there is "the population argument."

Proponents of reincarnation claim new souls

are never created or destroyed.

Instead, souls are only "reborn" into other bodies

But, in Tertullian's words, "If the living

come from the dead, just as the dead proceed

from the living, then there must always remain

unchanged one and the selfsame number of mankind."

He noted, and modern science has confirmed,

that there has been a "gradual growth of

[the human] population."

This growth can only be explained by

new souls coming into existence, and conflicts with

the idea of perpetual reincarnation

of the same souls into different bodies.

If you want to learn more about this topic

visit our website at catholic.com.

For Catholic Answers, I'm Trent Horn,

and thanks for watching.