An Educative Session With @kingscrown... CryptoCurrency Blogger... Great Curator...Rainmaker...Part Two

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The show that brings you in contact with the Men and Women who are playing their own part in the development of Steem Community is back.

Our guest for this week is Crypto-currency Whiz Hive account@kingscrown, who have come to impart his knowledge to us this week. This is the second part of his interview, you can get the first part HERE

Ladies and Gentlemen I give Hive account@kingscrown.
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Ogochukwu: Cryptography and cryptocurrency mining are tough subjects to explain to the masses, which way or approach do you think will make explaining it easier?

Kingscrown: Just let them learn about currencies at one point they will start understansing the basics or maybe wont. You dont need to know how TV is built to watch and use it.

Ogochukwu: There are a lot of ICO’s being announced world-wide what is your advice to anyone who want to take part in an ICO?

Kingscrown: Do big research, alot of them are runs for the money and dont even try to deliver products.

Ogochukwu: What Bitcoin exchange do you feel is the best to exchange with?

Kingscrown: I love BTC-E since always. It saved me to not loose a dime in MtGox, and despite its anonymous it never had bigger issues.

Ogochukwu: What do you think about the potentials of crypto currency in countries like India and China?

Kingscrown: China will always be main price driver, currenty they have issues with withdrawals but they will be back.

Now Japan and Korea are pushing the price. India has good premium but still volumes are small.

Ogochukwu: What do you think is the biggest threat to crypto-currency?

Kingscrown: Like i said before – governaments and their lack of idea how to get cut of the market.

Ogochukwu: What effect do you think Bitcoin will have on the U.S dollar in years time?

Kingscrown: At this point they are corelated, same as OIL. Until this price pair is changed to CNY or something else its a live organism. One side goes up, the other goes down.

If BTC was worth 1 million USD, then probably this 1 mill USD would have buying power of less than todays 1k USD. Its just numbers, what you can buy with it matters.

Ogochukwu: If you were asked to deal with only one crypto currency which will you choose and why?

Kingscrown: Litecoin. I love it since ages. Its fast, has activate SegWit, soon will have anonymous transactions and works great. I prefer it than BTC.

Ogochukwu: DO you think that the price of Steem will hit $5 by the end of this year?

Kingscrown: SBD has hit almost 7 SBD for some hours so anything can happen. But stabile 5USD i dont see at this point.

Ogochukwu: What is your general advice to Steemians world-wide?

Kingscrown: Relax, dont fight, dont envy others and Steem ON!
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Thank you all for reading, follow this blog for more educative interviews with The Rainmakers on Steemit.

Our guest for next week is Community Third-Party Developer Hive account@good-karma, who have been making our Steem lives easier with his Products. It is an interview you Would't want to Miss.

Follow Hive account@ogochukwu for more Educative content.