Bitcoin considerations for Costa Rica and the entire world

 Blockchain verification and certification system for verification of identities and ownership of cryptographic wallets.

 The idea is that anyone has access to cryptographic wallets without having the knowledge or experience using wallets and cryptocurrencies... This is achieved by creating a system of Cryptographic wallets linked to the identity documents of each country and person... The cryptographic Currencies have to behave like current traditional money and this is achieved in the same way that banks have managed to make traditional money work in society and in individuals...

I mean that the banking system depends on the verification of people's identities to be able to use the functions offered by the banks... The process to be able to use these banking functions begins with the presentation and verification of the identity by bank officials... In that case, if we are going to be guided by the present and the history of the money that is currently used, we know that it all starts there... With the identity card...

 Now yes, the question is how many crypto currencies start with the presentation of identity documents to be able to use digital accounts or wallets to be able to make and receive electronic payments... 🤔.

 So if I am going to create a cryptocurrency, I implement a system of wallets and private cryptographic keys that depend on the use of identity documents to generate the private cryptographic keys...

 It should also be possible to add any wallet to the identity card through the registration of the wallet or the private Cryptographic key... And so if someone tries to use the wallet that is registered with another identity document, they could not do it because only the The person who registered the wallet and linked it to their ID will be able to use it...


 I had already given my criteria on how the adoption of Bitcoin and cryptocurrencies should be addressed in my country and actually in any country... Gender equality and equal opportunities are essential for electronic money to be used as it is traditional money has been used... The big problem that cryptocurrencies have is physical payments... But since it is a very different system from traditional printed money, cryptocurrencies must first capture the electronic market well and then see how it can be bringing cryptocurrencies to physical banknotes.. another problem that cryptocurrencies face is with electronic money that is embroiled in legal problems... Electronic money that is stolen should behave like traditional money... If a bank is robbed bills can be marked, serial numbers can be recorded and if the money is confiscated it can be burned or used by the government... In the case of goods and furniture acquired s with cryptocurrencies, photographic records and pertinent information are necessary in an nft blockchain... Everything that is acquired through cryptocurrencies should be registered in a blockchain... That is so logical but how do we resolve those aspects... .

 I will talk more about that topic later... But then I define the path for the adoption and use of Bitcoin or some cryptocurrency firstly linking it to identification identities since it is electronic money and currently, after many years of experience, it works through the presentation of identity documents for the use of electronic payments...

 But this step of seeing how the private cryptographic keys are linked to the identity cards must be designed so that all the inhabitants have to make some government payment and thus achieve gender equality.

I am going to explain why a system of Cryptographic wallets related to identity documents is also necessary for adoption and that is that everyone has an identity document... And the current banking systems request these documents to be able to use traditional money electronically and since bitcoin is electronic money, it is reasonable to use identity documents to be able to use cryptographic money...

 One of the first functions in the adoption of electronic money are the functions of cryptocurrency savings... And what better than a system of private Cryptographic wallets linked to identification documents where only the crypto account of your document is allowed to be deposited or recharged of identity... A system like telephone recharges that are carried out in any business and that allows savings in crypto by paying in traditional money such as colones or dollars... So a platform where people recharge their cryptocurrency savings accounts with traditional money by presenting their identity card... The merchant scans the identity card of the person and indicates the amount to be recharged or deposited and the merchant receives the money in cash and the person receives the cryptocurrencies in their wallet identity document...

 The point here is to save and not withdraw, even for a period that allows people to save and take advantage of the money saved...

 The way to withdraw savings should be in two ways... In traditional money and cryptocurrency money... When savings withdrawals are enabled, people should be able to link their identification documents or platform administrators of savings should be able to link the wallets to companies that can exchange people's savings for traditional money and that people can withdraw the money from their banks or shops where they also recharged...

 Another function that should be applied is that cryptocurrency providers have a wide variety of currencies and that when people deposit or recharge in stores, they not only save in a single currency but also diversify a savings portfolio. Let's be clear that the administration of a platform like this is directly from the government because it should be from everyone to everyone... Withdrawals can be enabled when one of the currencies generates performance and is being occupied by the cryptocurrency market in the world. ..


To be continue....

By LAEV 

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