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Steven Cavan
Crypto & Blockchain News Roundup Feb.14, 2017
Remember OneCoin... the cryptocurrency scam with 9 lives that keeps on ticking like the Everready Bunny? You know a company must be really bad news when the government of Uganda warns their citizens about it. It won"t be long before OneCoin has to open up an office on the moon to find someplace that doesn"t know they"re a rip-off. Here"s the article:
Bank of Uganda Issues Warning About OneCoin Ponzi Scheme
This is rather like a convicted prisoner being glad to get "Life" rather than the death sentence. A high-level regulator in China says they should regulate bitcoin rather than kill it. Sounds like something Hitler might have said to a minority he didn"t like. Here"s the article:
Former PBoC Governor: “We Need To Regulate Bitcoin Rather Than Kill it”
If you thought bitcoin was going to remain the entrepreneurial domain of "the little guy" for long...you were wrong. As this article indicates, cryptocurrency trading "bots" are already becoming a significant factor in the market. But you watch and don"t be surprised to see larger financial institutions getting in on the trading act too. Make no mistake about it...they are voracious for financial opportunity. Here"s the article:
The chaos in Venezuela and the government"s difficulties with bitcoin and bitcoin mining might be a preview of what could happen if societal infrastructure in the US or another developed country were to break down. Unlike gold or silver, bitcoin and/cryptocurrency as a store of wealth is dependent upon a certain level of infrastructure stability and social tranquility yet certain aspects of the today"s current events don"t look to stable, do they? Read the article:
Venezuela’s Biggest Bitcoin Exchange Halts Operations
Just in case you weren"t aware of these well-known companies which accept bitcoin, here they are (I already knew about all but one):
Top 5 Companies Accepting Bitcoin
Many people don"t realize that, just like dog breeds and their characteristics, there are also different kinds of cryptocurrencies each with their own innovative characteristics. Here are what one author considers the 5 most unique. Note especially Steemit, which is related to content creation on the internet, and Monero, which is really anonymous (as crypto should be). Here"s the article:
Top 5 Most Innovative Cryptocurrencies
Strange as it seems, some banks still look at cryptocurrency like some people did when the "horseless carriage" first came out. Thankfully this situation is less and less common. But Markethive.com community members have a mutual friend who had a totally ridiculous experience along this same order. Here"s the article:
Top 5 Banks Closing Bitcoin User’s Accounts
Here"s an article highlighting the authors opinion of 7 industries most likely to be disrupted by blockchain and cryptocurrency. I found his comment about the music industry most interesting. Here"s the article:
7 Industries that Will be Disrupted by Blockchain Technology
So...that"s my comments on which way the digital wind is blowing today. Feel free to leave comments or to join our community over at Markethive.com. If you like to write, about crypto, blockchain, or anything else, we"ve got a great publishing platform that will give you a lot of exposure.
If you need a good freelance copywriter...that"s me. Contact me at my email, here.
Regards,
Art Williams
Freelance Copywriter
Steven Cavan
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Steven Cavan
Well known publicly owned German TV channel, Das Erste, recently aired a full feature report on the digital currency bitcoin, referring to it as ‘digital gold.’
In the broadcast television show, Das Erste produces a detailed report on bitcoin and how people within Germany are using the currency to pay for everyday items. An interview with Martijn Wismijer, who is well known for having his bitcoin wallet implemented via a chip in his hand, sees him demonstrating its use to the reporter.
I’ve had a chip implant since 2014. You can hardly see it, but here is the antenna, next to the chip. If I want to buy, I just keep my hand at the checkout or the machine over there.
He then proceeds to purchase a can of Red Bull using his NFC bitcoin wallet before stating that this technology ‘is the future.’ Digital Gold
During the rest of the report, the reporter provides a brief explanation as to why bitcoin may be digital gold before the scene shifts to the correspondent visiting Marco Streng, CEO of the firm Genesis Mining in Iceland.
During a tour of the company, Streng informs the newsperson that the mining farm uses low-cost electricity and geothermal power plants from the hot springs in the area. Upon entering the facility, the reporter asks how many machines are present. Streng responds by saying:
Alone on this site are over 10,000 graphics cards, which is more than the largest supercomputer in the world.
Streng adds that the mining farm’s electricity costs one million Euros each month; however, he failed to disclose how many bitcoins they were making each day, stating that their competitors would be able to draw a conclusion as to how big they are giving them the advantage. Mainstream Interest in Bitcoin Continues
Even though bitcoin interest in growing within mainstream media with various news reports on the currency, this could be one of the first aired full featured documentaries from a news channel focusing on it.
This can only be a good thing for the currency as more people recognize the benefits it can provide as an alternative form of payment compared to traditional banking measures.
Even though banks will remain the fact that there is another currency available that doesn’t rely on a bank helps to open up the door for many people around the world. The fact that a major news channel in Germany is providing significant air time on the currency demonstrates the impact bitcoin is having and how far it has come.
Source: https://www.cryptocoinsnews.com/german-tv-calls-bitcoin-digital-gold/
Dennis Roeder
Markethive Member
skype: daroeder
Steven Cavan
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SUCCESS = MINDSET + LEARN + APPLY + TEACH
Steven Cavan
Cryptocurrency and Blockchain News Roundup - 02.12.17
Obviously no one person can keep up with all the news coming out of the world of cryptocurrency and blockchain right now. But I like to make as many observations of news data events and try to connect the dots to spot trajectories about where it"s all headed. Here"s a few happenings from some recent perusals of news sites.
First of all, when you start seeing entities, public and private, going into research on crypto and blockchain, you know that (a) they think it isn"t going away and (b) it might hold some answers for various problems. Very few people are poo-pooing this new technology now. Now, they"re hoping they haven"t been too late to catch the opportunity train.
Here"s some articles that illustrate that:
Illinois Legislator Calls for Blockchain Working Group
International Securities Regulators Publish Blockchain Research
Ethereum Job Market Colony Enters Beta
Like a rain collector in the dessert... when this technology starts to spawn its own job sites...that"s good.
Winklevoss Bitcoin ETF Offering Expands to $100 Million
It"s pretty remarkable when a technology spawns it"s own brand of investment product.
Qiwi"s CEO Will Head Up Russia"s Distributed Ledger Efforts
In Russia"s case, it"s likely the government will control it. But still it"s interesting that anybody there is even looking at it. Of course developing countries have more motivation to be innovative (usually).
You Can Now Bet Bitcoin on Whether the Winklevoss ETF Will Go Live
I"ll tell you what this represent...i.e. the degree to which this technology is permeating other areas of society.
The Swedish Telecom That Bought KnC is Now Mining Bitcoin
And don"t forget that companies have, in the past, seen greater opportunities in new markets than their old markets and made switches. In the MLM industry, NSA (water filtration systems) changing their name to "JuicePlus" was one example. I wouldn"t be surprised to see financial firms starting to mine digital currency.
India"s Biggest Stock Exchange is Testing Blockchain KYC
India is another country where I think the government will keep a firm leash on cryptocoin. They"ll have too due to the mass of basically illiterate people who live there. But of course this will also serve as a testing ground for make it "user friendly".
Accenture Unveils Hardware Solution for Blockchain Private Keys
I"ve heard the market for hardware type wallets is going to be huge. John McAffee thinks so.
The Philippines Just Released New Rules for Bitcoin Exchanges
The Philippines, because of it"s population and the fact that Filipinos work everywhere in the world, will be an interesting market to watch develop.
That"s enough articles and brilliant insight for now. Feel free to let me know if you like the Drudge-like approach. I could have rehased the article and tried to make it seem like I"m smarter than I am. But the most important thing isn"t me but you...i.e. that you get the news.
(p.s. In case you"re interested, I used the Firefox extension called "Copy as HTML" to grab these headlines. I like it.)
Steven Cavan
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SUCCESS = MINDSET + LEARN + APPLY + TEACH
Steven Cavan
