Bitcoin news
Turnover per lawyer is a calculation made to measure the productivity of a law firm, measuring how much a firm has billed and how many lawyers have contributed to generating that turnover
Moving from formal to actual compliance by managers and partners remains the great unfinished business. Even in companies that were pioneers in implementing compliance programs because they operate in regulated sectors or later as a consequence of the birth of criminal liability of legal persons.
This project could have been a magnificent opportunity to introduce in our legislation alternative mechanisms for the resolution of tax controversies different from the already existing and traditional ones.
Bitcoin value
Specifically, ING Economics has worsened its forecast for China’s gross domestic product (GDP) expansion for 2021 as a whole from 9.2% to 8.9%, or by three-tenths. «We expect GDP growth to slow to 4.5% and 5% year-on-year in the third and fourth quarters, respectively,» Pang says.
The gross domestic product (GDP) of Germany, the largest power in the Eurozone, grew by 1.6% in the second quarter compared to the previous quarter. This was announced Tuesday by the country’s statistical agency (Destatis). The figure is one tenth more than the first reading and, therefore, a slight improvement over analysts’ forecasts. It also contrasts with the 2.1% contraction recorded between January and March. Likewise, the year-on-year increase (i.e., compared to the second quarter of 2020) was 9.8%, two tenths of a percentage point higher than first estimated.
The lukewarm economic data recently released in China are causing different analysts to lower their expectations for the Asian giant, the world’s second largest economy. On Tuesday, Oxford Economics lowered its forecast for year-on-year growth of China’s gross domestic product (GDP) in the third quarter by three tenths of a percentage point, from 5.3% to 5%. They also expect the expansion compared to the previous quarter to be 0.3% (and not 0.6%, as previously estimated).
Btc price
Virtual currencies have emerged as an alternative to traditional fiat currencies and bitcoin is their greatest exponent. Cryptocurrency has become one of the best long-term investments (full of risks, of course). Someone who invested 1,000 euros in 2010 would be a millionaire today.
The control of bitcoin lies with the users themselves. They are the ones who validate any transaction through exchanges (Point-to-Point P2P), without state intervention or any institution. In fact, the structure itself makes it impossible to manipulate its value. To make any change it is necessary that the entire community of users approve it.
Bitcoin is the first electronic currency that managed to establish itself with some solvency, but not the first to appear. What differentiates bitcoin from other attempts is its blockchain technology (more on this later).
Programmers can improve the Bitcoin software, but they cannot impose a change in the protocol. It must follow the same rules for everyone and these are created by consensus among all users with their decisions on which platforms they choose to operate, for example.
Arbistar news
In Ecuador, for example, the issue escalated in popularity in 2018, due to the complaints of 1,500 indigenous people, who had handed over thousands of dollars in exchange for bitcoins, but those who offered the transaction disappeared with the money.
The BBC explains that people or teams engaged in «mining» or creating receive a new mathematical problem every ten minutes and the one who solves it the fastest gets a bitcoin. This math problem is based on random calculations for the miners to find the solution to the riddle. The winner gets the bitcoin when the rest of the members of the network corroborate that the answer is correct.
The currency is so volatile that a tweet can cause the price to plummet. This is what happened when billionaire Elon Musk published a tweet in which he said that his company, Tesla, would not accept bitcoins for transactions.
The Central Bank of Ecuador considers that, since bitcoin has no backing or controls by authorities, its value is based on speculation and, therefore, transactions and the use of this currency represent a financial risk.
