Bitcoin Exchange Platform

Stripe Announces Discontinuation of Bitcoin Support, Comments on Cryptocurrencies for Payments - Bitcoin Exchange Guide

Stripe Announces Discontinuation of Bitcoin Support, Comments on Cryptocurrencies for Payments - Bitcoin Exchange Guide submitted by ulros to fbitcoin [link] [comments]

Payment Processor Stripe to End Support for Bitcoin - SEC Chairman Signals a Storm Coming for Fly-by-Night ICOs - Cryptocurrency Exchange BitFlyer Launches New EU Branch - Coinbase Revealed Recorded Turnover of $1 Billion Last Year

submitted by cryptocompare to cryptocompare [link] [comments]

Stripe available in 139 more countries with "just" a 2% free ON TOP of market exchange rates. Here is where Bitcoin shines.

Stripe available in 139 more countries with submitted by nixle to Bitcoin [link] [comments]

Bitcoin Newcomers FAQ - Please read!

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
It all started with the release of the release of Satoshi Nakamoto's whitepaper however that will probably go over the head of most readers so we recommend the following videos for a good starting point for understanding how bitcoin works and a little about its long term potential:
Some other great resources include Lopp.net, the Princeton crypto series and James D'Angelo's Bitcoin 101 Blackboard series.
Some excellent writing on Bitcoin's value proposition and future can be found at the Satoshi Nakamoto Institute.
Some Bitcoin statistics can be found here and here. Developer resources can be found here. Peer-reviewed research papers can be found here.
Potential upcoming protocol improvements and scaling resources here and here.
The number of times Bitcoin was declared dead by the media can be found here (LOL!)

Key properties of Bitcoin

Where can I buy bitcoins?

Bitcoin.org and BuyBitcoinWorldwide.com are helpful sites for beginners. You can buy or sell any amount of bitcoin (even just a few dollars worth) and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also check out the bitcoinity exchange resources for a larger list of options for purchases.
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy OTP Auth
Android Android N/A
iOS iOS iOS

Watch out for scams

As mentioned above, Bitcoin is decentralized, which by definition means there is no official website or Twitter handle or spokesperson or CEO. However, all money attracts thieves. This combination unfortunately results in scammers running official sounding names or pretending to be an authority on YouTube or social media. Many scammers throughout the years have claimed to be the inventor of Bitcoin. Websites like bitcoin(dot)com and the btc subreddit are active scams. Almost all altcoins (shitcoins) are marketed heavily with big promises but are really just designed to separate you from your bitcoin. So be careful: any resource, including all linked in this document, may in the future turn evil. Don't trust, verify. Also as they say in our community "Not your keys, not your coins".

Where can I spend bitcoins?

Check out spendabit or bitcoin directory for millions of merchant options. Also you can spend bitcoin anywhere visa is accepted with bitcoin debit cards such as the CashApp card. Some other useful site are listed below.
Store Product
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Spendabit, Overstock and The Bitcoin Directory Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg and Dell For all your electronics needs
Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, LivingRoomofSatoshi, Coinsfer, and more Bill payment
Menufy, Takeaway and Thuisbezorgd NL Takeout delivered to your door
Expedia, Cheapair, Destinia, Abitsky, SkyTours, the Travel category on Gyft and 9flats For when you need to get away
Cryptostorm, Mullvad, and PIA VPN services
Namecheap, Porkbun Domain name registration
Stampnik Discounted USPS Priority, Express, First-Class mail postage
Coinmap and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. If you would prefer to keep it simple there are several good options. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
Site Description
WorkingForBitcoins, Bitwage, Cryptogrind, Coinality, Bitgigs, /Jobs4Bitcoins, BitforTip, Rein Project Freelancing
Lolli Earn bitcoin when you shop online!
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
/GirlsGoneBitcoin NSFW Adult services
A-ads, Coinzilla.io Advertising
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins.

Bitcoin-Related Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network Second layer scaling
Blockstream, Rootstock and Drivechain Sidechains
Hivemind and Augur Prediction markets
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
JoinMarket and Wasabi Wallet CoinJoin implementation
Coinffeine and Bisq Decentralized bitcoin exchanges
Keybase Identity & Reputation management
Abra Global P2P money transmitter network
Bitcore Open source Bitcoin javascript library

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
bitcoin BTC 1 bitcoin one bitcoin is equal to 100 million satoshis
millibitcoin mBTC 1,000 per bitcoin used as default unit in recent Electrum wallet releases
bit bit 1,000,000 per bitcoin colloquial "slang" term for microbitcoin (μBTC)
satoshi sat 100,000,000 per bitcoin smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $10000 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit.
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by BitcoinFan7 to Bitcoin [link] [comments]

Transaction fees — catch me up?

I used to play around with Bitcoin around 2013-2015 and I remember low fees being one of the main selling points... I would pay something like 5¢ or less per transaction. I remember buying a $2.50 can of coke once with bitcoins and it was no problem.
Now it looks like transaction fees are like $3? Can somebody catch me up on what happened? How did we get to this point? Is there any work in progress for a mechanism by which to lower these fees? I understand that these fees grow as a function of how many transactions need to be handled (just supply and demand) but I had assumed there would some scaling mechanism in place.
A fee that high makes it impractical to use Bitcoin for anything less than $100+ (Stripe charges 2.9% for credit cards). The average citizen no longer has any use case in any practical day to day use unless they're making bigger purchases. I would be blown away if there aren't smart minds working on a way to reduce that cost.
I recall some project called the Lightening network was being made to reduce transaction time. IIRC, some decentralization was exchanged for faster confirmations — but that wasn't a big deal because small transactions are highly unlikely to be tampered with. Is there not something similar that does the same for fees?
Thanks,
submitted by Plazmotech to Bitcoin [link] [comments]

!!!! COINSWITCH & EXODUS SCAMMED 6500 EURO !!!! CoinSwitch took 6500 Euro Hostage and refuse to Return after KYC / Money swapped over Exodus

!!!! COINSWITCH & EXODUS SCAMMED 6500 EURO !!!! CoinSwitch took 6500 Euro Hostage and refuse to Return after KYC / Money swapped over Exodus
Hello everybody,
My Situation:Im a User of the Exodus Wallet, I wanted to swap my coins from bitcoin cash to bitcoin.
So I’ve informed myself in the web and read everywhere the Advertising of Exodus that they are not doing KYC and that theire % are a bit higher because they are taking care about all the Exchange Process.
And also giving Support if everything goes wrong. So ive decided I will swap the coins in Exodus for the extra %.
What happened to me?I’ve swapped bch worth 4500 EUR and 2000 EUR to btc. After I didn’t received them for a Couple Hours I’ve checked the Status. In Exodus was written CONTACT US. So I’ve contacted Exodus.
Exodus told me they have no Idea what happened and I should contact Coinswitch, they dont do the Exchanges by themselves, they are using coinswitch for this and get 50-70% Commission.
So I’ve contacted Coinswitch in the Chat anonym and ask them if they are doing KYC, because also Coinswitch is advertising themselves that they are not doing any KYC.

https://preview.redd.it/34lf38rdnx741.png?width=712&format=png&auto=webp&s=e2a1b8b584d42c6da90be26cc017de9a12922c31

Theire Answer again was:No we are not doing KYC. So I was starting to google and found many Threads where People write, that Coinswitch refuse to return theire Funds without KYC, even when Coinswitch write in theire Terms, that they return the Money without KYC in maximum 72 hours. So I asked them to return my Funds. They told me they will not return them, I have to do KYC. So I was fuck it!
https://preview.redd.it/u9ci1py2nx741.png?width=2882&format=png&auto=webp&s=ca0ffa4fa735126f864401d09449bde2a518c4fa
  • I did KYC, KYC got verified on theire Homepage.
  • After they told me they will not return my Coins they need an additional Video - I did it.
  • Than they told me its not enough, they need to see the origin of the Funds, I’ve showed them where I bought the Coins with Screens.
  • Was not enough, they wanted more, I’ve had to do for them a Screenrecording from the Place where I bought them, you can see theire also my High Reputation and many positive Feedbacks and exactly this 2 Transactions.
Cool, now they should release my Coins after Striping down to my Underwear? Now they didn’t.
But after my Post on Reddit, and some People reaching out to Exodus on Twitter, Sebastian the COO of Exodus contacted me and promised me he will do everything to solve it immediately.
That he was also talking to the Leadership of Coinswitch and the Problem will soon be resolved, and he understand that all this is not acceptable and so on.
Result?CoinSwitch is not interested in the safety of any User or in General KYC. They just hope, that theire Clients are not doing KYC and they can keep the Money.
Even if you do KYC they refuse to return the Money. Exodus is also not helping anything just Fraud-Bait-Fishing with the Advertising that there is no KYC.


https://preview.redd.it/dqk82j0dox741.png?width=1536&format=png&auto=webp&s=8b8560c0dcb214e5c48a84683487702c97de44bf
https://preview.redd.it/bx4awk0dox741.png?width=1544&format=png&auto=webp&s=56225a1ef4ce67ad1c29cda7348d44b4bab378c1
https://preview.redd.it/fzy18l0dox741.png?width=1548&format=png&auto=webp&s=b53c67a8e7483b356e78ffa2063691f98129d879

https://preview.redd.it/izpnsav0px741.png?width=1466&format=png&auto=webp&s=58e8d110c869d4d38b64a25aa8c9c12f091da526
https://preview.redd.it/46u57ev0px741.png?width=1418&format=png&auto=webp&s=167a690d590fef444bcb6a78cb39d3c7068f71bc
https://preview.redd.it/w71d2gv0px741.png?width=1372&format=png&auto=webp&s=0da5013a62c222bdda9e58a99605abe973dca96b
submitted by Peter1Lustig to Bitcoin [link] [comments]

Stripe Ends Support for Bitcoin Payments

Stripe Ends Support for Bitcoin Payments submitted by KayRice to btc [link] [comments]

Bitcoin 11 Years - Achievements, Lies, and Bullshit Claims So Far - Tooootally NOT a SCAM !!!!

That's right folks, it's that time again for the annual review of how Bitcoin is going: all of those claims, predictions, promises .... how many have turned out to be true, and how many are completely bogus ???
Please post / link this on Bitcoin (I am banned there for speaking the truth, so I cannot do it) ... because it'a way past time those poor clueless mushrooms were exposed to the truth.
Anyway, without further ado, I give you the Bitcoin's Achievements, Lies, and Bullshit Claims So Far ...
.
Bitcoin Achievements so far:
  1. It has spawned a cesspool of scams (2000+ shit coin scams, plus 100's of other scams, frauds, cons).
  2. Many 1,000's of hacks, thefts, losses.
  3. Illegal Use Cases: illegal drugs, illegal weapons, tax fraud, money laundering, sex trafficking, child pornography, hit men / murder-for-hire, ransomware, blackmail, extortion, and various other kinds of fraud and illicit activity.
  4. Legal Use Cases: Steam Games, Reddit, Expedia, Stripe, Starbucks, 1000's of merchants, cryptocurrency conferences, Ummm ????? The few merchants who "accept Bitcoin" immediately convert it into FIAT after the sale, or require you to sell your coins to BitPay or Coinbase for real money, and will then take that money. Some of the few who actually accept bitcoin haven't seen a customer who needed to pay with bitcoin for the last six months, and their cashiers no longer know how to handle that.
  5. Contributing significantly to Global Warming.
  6. Wastes vasts amounts of electricity on useless, do nothing work.
  7. Exponentially raises electricity prices when big miners move into regions where electricity was cheap.
  8. It’s the first "currency" that is not self-sustainable. It operates at a net loss, and requires continuous outside capital to replace the capital removed by miners to pay their costs. It’s literally a "black hole currency."
  9. It created a new way for people living too far from Vegas to gamble all their life savings away.
  10. Spawned "blockchain technology", a powerful technique that lets incompetent programmers who know almost nothing about databases, finance, programming, or blockchain scam millions out of gullible VC investors, banks, and governments.
  11. Increased China's foreign trade balance by a couple billion dollars per year.
  12. Helped the FBI and other law enforcement agents easily track down hundreds of drug traffickers and drug users.
  13. Wasted thousands if not millions of man-hours of government employees and legislators, in mostly fruitless attempts to understand, legitimize, and regulate the "phenomenon", and to investigate and prosecute its scams.
  14. Rekindled the hopes of anarcho-capitalists and libertarians for a global economic collapse, that would finally bring forth their Mad Max "utopia".
  15. Added another character to Unicode (no, no, not the "poo" 💩 character ... that was my first guess as well 🤣)
  16. Provides an easy way for malware and ransomware criminals to ply their trade and extort hospitals, schools, local councils, businesses, utilities, as well as the general population.
.
Correct Predictions:
  1. 2015-12: "1,000 dollar in 2015", u/Luka_Magnotta, aka time traveler from the future, 31-Aug-2013, https://www.reddit.com/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/ (Technically, this prediction is WRONG because the highest price reached in 2015 was $495.56 according to CMC. Yes, Bitcoin reached $1,000 in 2013 and 2014, but that's NOT what the prediction says).
  2. 2017-12: "10,000 in 2017", u/Luka_Magnotta, aka time traveler from the future, 31-Aug-2013, https://www.reddit.com/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/
  3. 2018-04: $10,000 (by April 2018), Mike Novogratz, link #1: https://www.bitcoinprice.com/predictions/, link #2: https://www.bloomberg.com/news/articles/2017-11-21/mike-novogratz-says-bitcoin-will-end-the-year-at-10-000
  4. 2018-12: $10,000 (by 2018), Tim Draper, link #1: https://www.bitcoinprice.com/predictions/, link #2: https://www.youtube.com/watch?v=3AW5s6QkRRY
  5. Any others ? (Please tell me).
.
Bitcoin Promises / Claims / Price Predictions that turned out to be lies and bullshit:
  1. ANONYMOUS
  2. CENSORSHIP RESISTANT
  3. FRICTIONLESS
  4. TRUSTLESS
  5. UNCENSORABLE
  6. UNTRACEABLE
  7. SAFE
  8. SECURE
  9. YOU CANNOT LOSE
  10. NOT A SCAM
  11. PERMISSIONLESS
  12. GUARANTEED PRIVACY
  13. CANNOT BE SEIZED
  14. CANNOT BE CONFISCATED
  15. Be your own bank
  16. Regulation-proof
  17. NO MIDDLEMEN
  18. DECENTRALIZED
  19. Instantaneous transactions
  20. Fast transactions
  21. Zero / No transaction fees
  22. Low transaction fees
  23. A store of value
  24. A deflationary digital asset
  25. "A deflationary digital asset that no single human being can destroy."
  26. "an asset that is equally as dual use as a car, water, or any other traditional element that has existed."
  27. "Digital gold"
  28. Easy to use
  29. Cannot be stolen
  30. Cannot be hacked
  31. Can be mined by anyone
  32. Can be mined by anyone, even with an old computer or laptop
  33. Cannot be centralized
  34. Will return power back to the people.
  35. Not a Ponzi scam
  36. Not a Pyramid scam
  37. Never pay tax again
  38. Your gains cannot be taxed
  39. A currency
  40. An amazing new class of asset
  41. An asset
  42. A means to economic freedom
  43. A store of value
  44. The best investment the word has ever seen
  45. A great investment
  46. Efficient
  47. Scalable
  48. Stable
  49. Resilient
  50. Reliable
  51. Low energy
  52. Low risk
  53. Redistribute wealth to everybody
  54. No more have's and have not's
  55. No more US and THEM
  56. No more disadvantaged people
  57. No more RICH and POOR
  58. No more poor people
  59. Uses amazing new technology
  60. Uses ingenious new technology
  61. Satishi Nakamoto invented ...
  62. Segwit will solve all of Bitcoin's woes
  63. Lightning Network will solve all of Bitcoin's woes
  64. Limited by scarcity
  65. Can only go up in value
  66. Price cannot crash
  67. Has intrinsic value
  68. Value will always be worth more than cost to mine
  69. Adoption by investors is increasing exponentially
  70. Adoption by investors is increasing
  71. Adoption by merchants is increasing exponentially
  72. Adoption by merchants is increasing
  73. You are secure if you keep your coins on an exchange
  74. You are secure if you keep your coins in a hardware wallet
  75. You are secure if you keep your coins in an air-gapped Linux PC
  76. Will change the world
  77. "the next phase in human evolution"
  78. "Blockchain is more encompassing than the internet"
  79. Blockchain can solve previously unsolvable problems.
  80. "The only regulation we need is the blockchain"
  81. "Bank the unbanked"
  82. "To abolish financial slavery and the state's toxic monopoly on money."
  83. "To have better tools in the fight against the state violence and taxation."
  84. "To stamp information on a blockchain forever so we can bypass state censorship, copyrights, patents(informational monopolies) etc."
  85. Will destroy / overthrow FIAT
  86. Will destroy / overthrow the world's governments
  87. Will destroy / overthrow the banking system
  88. Will destroy / overthrow the world economies
  89. Will free people from tyranny
  90. Will give people financial freedom
  91. Will bring world peace
  92. Never going below $19K again
  93. Never going below $18K again
  94. Never going below $17K again
  95. Never going below $16K again
  96. Never going below $15K again
  97. Never going below $14K again
  98. Never going below $13K again
  99. Never going below $12K again
  100. Never going below $11K again
  101. Never going below $10K again
  102. Never going below $9K again
  103. Never going below $8K again
  104. Never going below $7K again
  105. Never going below $6K again
  106. Never going below $5K again
  107. Never going below $4K again
  108. Is NOT a Scam
  109. Hashing Power secures the Bitcoin network
  110. Untraceable, private transactions
  111. Guaranteed privacy
  112. Not created out of thin air
  113. Not created out of thin air by unregulated, unbacked entities
  114. Totally NOT a scam
  115. Is not used primarily by crimonals, drug dealers, or money launderers.
  116. 100% secure
  117. 2010 will be the "Year of Crypto"
  118. 2011 will be the "Year of Crypto"
  119. 2012 will be the "Year of Crypto"
  120. 2013 will be the "Year of Crypto"
  121. 2014 will be the "Year of Crypto"
  122. 2015 will be the "Year of Crypto"
  123. 2016 will be the "Year of Crypto"
  124. 2017 will be the "Year of Crypto"
  125. 2018 will be the "Year of Crypto"
  126. 2019 will be the "Year of Crypto"
  127. 2010: MASS ADOPTION any day now"
  128. 2011: MASS ADOPTION aany day now"
  129. 2012: MASS ADOPTION aaany day now"
  130. 2013: MASS ADOPTION aaaany day now"
  131. 2014: MASS ADOPTION aaaaany day now"
  132. 2015: MASS ADOPTION aaaaaany day now"
  133. 2016: MASS ADOPTION aaaaaaany day now"
  134. 2017: MASS ADOPTION aaaaaaaany day now"
  135. 2018: MASS ADOPTION aaaaaaaaany day now"
  136. 2019: MASS ADOPTION aaaaaaaaany day now"
  137. "Financial Freedom, bro."
  138. no single entity, government or individual, can alter or reverse its transactions
  139. insurance against the tyranny of state
  140. Bitcoin has come to destroy all governments and bring about the libertarian utopia of my dreams.
  141. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 2+ years.
  142. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 5+ years.
  143. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 7+ years.
  144. The major issues in Bicoin's network will be fixed. This is still early days, Bitcoin has only been around for 9+ years.
  145. 1,000's of predictions of skyrocketing and/or never falling prices
  146. Escape the petty rivalries of warring powers and nation states by scattering control among the many. The Bitcoin Cash debacle proves that even the most cryptographically secure plans of mice and men often go awry. Ref: https://www.reddit.com/Buttcoin/comments/9zfhb6/like_theres_only_one_flaw_with_buttcoin_crash/ea8s11m
  147. People will NEVER be able to welch out of bets or deals again. Nov-2018, Ref: https://www.reddit.com/Buttcoin/comments/9zvpl2/the_guy_who_made_the_1000_bet_that_btc_wouldnt/
  148. "Everything will be better, faster, and cheaper.", Brock Pierce, EOS.io shill video.
  149. "Everything will be more connected.", Brock Pierce, EOS.io shill video.
  150. "Everything will be more trustworthy.", Brock Pierce, EOS.io shill video.
  151. "Everything will be more secure.", Brock Pierce, EOS.io shill video.
  152. "Everything that exists is no-longer going to exist in the way that it does today.", Brock Pierce, EOS.io shill video.
  153. "Everything in this world is about to get better.", Brock Pierce, EOS.io shill video.
  154. You are a slave to the bankers
  155. The bankers print money and then you pay for it
  156. Bitcoin is The Peoples Money
  157. Bitcoin will set you free
  158. Bitcoin will set you free from the slavery of the banks and the government Ref: https://www.reddit.com/Bitcoin/comments/cd2q94/bitcoin_shall_set_you_free/
  159. ~~Bitcoin is "striking fear into the hearts of bankers, precisely because Bitcoin eliminates the need for banks. ~~, Mark Yusko, billionaire investor and Founder of Morgan Creek Capital, https://www.bitcoinprice.com/predictions/
  160. "When transactions are verified on a Blockchain, banks become obsolete.", Mark Yusko, billionaire investor and Founder of Morgan Creek Capital, https://www.bitcoinprice.com/predictions/
  161. SnapshillBot quotes from delusional morons:
  162. "A bitcoin miner in every device and in every hand."
  163. "All the indicators are pointing to a huge year and bigger than anything we have seen before."
  164. "Bitcoin is communism and democracy working hand in hand."
  165. "Bitcoin is freedom, and we will soon be free."
  166. "Bitcoin isn't calculated risk, you're right. It's downright and painfully obvious that it will consume global finance."
  167. "Bitcoin most disruptive technology of last 500 years"
  168. "Bitcoin: So easy, your grandma can use it!"
  169. "Creating a 4th Branch of Government - Bitcoin"
  170. "Future generations will cry laughing reading all the negativity and insanity vomited by these permabears."
  171. "Future us will thank us."
  172. "Give Bitcoin two years"
  173. "HODLING is more like being a dutiful guardian of the most powerful economic force this planet has ever seen and getting to have a say about how that force is unleashed."
  174. "Cut out the middleman"
  175. "full control of your own assets"
  176. "reduction in wealth gap"
  177. "no inflation"
  178. "cannot print money out of thin air"
  179. "Why that matters? Because blockchain not only cheaper for them, it'll be cheaper for you and everyone as well."
  180. "If you are in this to get rich in Fiat then no. But if you are in this to protect your wealth once the current monetary system collapse then you are protected and you'll be the new rich."
  181. "Theres the 1% and then theres the 99%. You want to be with the rest thats fine. Being different and brave is far more rewarding. No matter your background or education."
  182. "NO COINERS will believe anything they are fed by fake news and paid media."
  183. "I know that feeling (like people looking at you as in seeing a celebrity and then asking things they don't believe until their impressed)."
  184. "I literally walk round everyday looking at other people wondering why they even bother to live if they don't have Bitcoin in their lives."
  185. "I think bitcoin may very well be the best form of money we’ve ever seen in the history of civilization."
  186. "I think Bitcoin will do for mankind what the sun did for life on earth."
  187. "I think the constant scams and illegal activities only show the viability of bitcoin."
  188. "I think we're sitting on the verge of exponential interest in the currency."
  189. "I'm not using hyperbole when I say Satoshi found the elusive key to World Peace."
  190. "If Jesus ever comes back you know he's gonna be using Bitcoin"
  191. "If this idea was implemented with The Blockchain™, it would be completely flawless! Flawless I tell you!"
  192. "If you're the minimum wage guy type, now is a great time to skip food and go full ramadan in order to buy bitcoin instead."
  193. "In a world slipping more and more into chaos and uncertainty, Bitcoin seems to me like the last solid rock defeating all the attacks."
  194. "In this moment, I am euphoric. Not because of any filthy statist's blessing, but because I am enlightened by own intelligence."
  195. "Is Bitcoin at this point, with all the potential that opens up, the most undervalued asset ever?"
  196. "It won't be long until bitcoin is an everyday household term."
  197. "It's the USD that is volatile. Bitcoin is the real neutral currency."
  198. "Just like the early Internet!"
  199. "Just like the Trojan Horse of old, Bitcoin will reveal its full power and nature"
  200. "Ladies if your man doesnt have some bitcoin then he cant handle anything and has no danger sex appeal. He isnt edgy"
  201. "let me be the first to say if you dont have bitcoin you are a pussy and cant really purchase anything worldwide. You have no global reach"
  202. "My conclusion is that I see this a a very good thing for bitcoin and for users"
  203. "No one would do such a thing; it'd be against their self interests."
  204. "Ooh lala, good job on bashing Bitcoin. How to disrespect a great innovation."
  205. "Realistically I think Bitcoin will replace the dollar in the next 10-15 years."
  206. "Seperation of money and state -> states become obsolete -> world peace."
  207. "Some striking similarities between Bitcoin and God"
  208. "THANK YOU. Better for this child to be strangled in its crib as a true weapon for crypto-anarchists than for it to be wielded by toxic individuals who distort the technology and surrender it to government and corporate powers."
  209. "The Blockchain is more encompassing than the internet and is the next phase in human evolution. To avoid its significance is complete ignorance."
  210. "The bull run should begin any day now."
  211. "The free market doesn't permit fraud and theft."
  212. "The free market will clear away the bad actors."
  213. "The only regulation we need is the blockchain."
  214. "We are not your slaves! We are free bodies who will swallow you and puke you out in disgust. Welcome to liberty land or as that genius called it: Bitcoin."
  215. "We do not need the bankers for Satoshi is our saviour!"
  216. "We have never seen something so perfect"
  217. "We must bring freedom and crypto to the masses, to the common man who does not know how to fight for himself."
  218. "We verified that against the blockchain."
  219. "we will see a Rennaisnce over the next few decades, all thanks to Bitcoin."
  220. "Well, since 2006, there has been a infinite% increase in price, so..."
  221. "What doesn't kill cryptocurrency makes it stronger."
  222. "When Bitcoin awake in normally people (real people) ... you will have this result : No War. No Tax. No QE. No Bank."
  223. "When I see news that the price of bitcoin has tanked (and thus the market, more or less) I actually, for-real, have the gut reaction "oh that’s cool, I’ll be buying cheap this week". I never knew I could be so rational."
  224. "Where is your sense of adventure? Bitcoin is the future. Set aside your fears and leave easier at the doorstep."
  225. "Yes Bitcoin will cause the greatest redistribution of wealth this planet has ever seen. FACT from the future."
  226. "You are the true Bitcoin pioneers and with your help we have imprinted Bitcoin in the Canadian conscience."
  227. "You ever try LSD? Perhaps it would help you break free from the box of state-formed thinking you have limited yourself..."
  228. "Your phone or refrigerator might be on the blockchain one day."
  229. The banks can print money whenever they way, out of thin air, so why can't crypto do the same ???
  230. Central Banks can print money whenever they way, out of thin air, without any consequences or accounting, so why can't crypto do the same ???
  231. It's impossible to hide illegal, unsavory material on the blockchain
  232. It's impossible to hide child pornography on the blockchain
  233. Fungible
  234. All Bitccoins are the same, 100% identical, one Bitcoin cannot be distinguished from any other Bitcoin.
  235. The price of Bitcoin can only go up.
  236. "Bubbles are mathematically impossible in this new paradigm. So are corrections and all else", John McAfee, 7 Dec 2017 @ 5:09 PM,https://mobile.twitter.com/officialmcafee/status/938938539282190337
  237. Scarcity
  238. The price of Bitcoin can only go up because of scarcity / 21 million coin limit. (Bitcoin is open source, anyone can create thir own copy, and there are more than 2,000+ Bitcoin copies / clones out there already).
  239. immune to government regulation
  240. "a world-changing technology"
  241. "a long-term store of value, like gold or silver"
  242. "To Complex to Be Audited."
  243. "Old Auditing rules do not apply to Blockchain."
  244. "Old Auditing rules do not apply to Cryptocurrency."
  245. "Why Bitcoin has Value: SCARCITY.", PlanB, Coin Shill, 22-Mar-2019, https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
  246. "Bitcoin is the first scarce digital object the world has ever seen, it is scarce like silver & gold, and can be sent over the internet, radio, satellite etc.", PlanB, Coin Shill, 22-Mar-2019, https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
  247. "Surely this digital scarcity has value.", PlanB, Coin Shill, 22-Mar-2019, https://medium.com/@100trillionUSD/modeling-bitcoins-value-with-scarcity-91fa0fc03e25
  248. Bitcoin now at $16,600.00. Those of you in the old school who believe this is a bubble simply have not understood the new mathematics of the Blockchain, or you did not cared enough to try. Bubbles are mathematically impossible in this new paradigm. So are corrections and all else", John McAfee, 7 Dec 2017 @ 5:09 PM,https://mobile.twitter.com/officialmcafee/status/938938539282190337
  249. "May 2018 will be the last time we ever see $bitcoin under $10,000", Charlie Shrem, bitcoin advocate and convicted felon, 11:31 AM 3-May-2018, https://twitter.com/CharlieShrem/status/992109375555858433
  250. "Last dip ever.", AngeloBTC, 14 Oct 2018, https://mobile.twitter.com/AngeloBTC/status/1051710824388030464/photo/1
  251. "Bitcoin May Have Just Experienced its Final Shakeout Before a Big Rally", Joseph Young, coin shill, October 15, 2018 22:30 CET, https://www.ccn.com/bitcoin-may-have-just-experienced-its-final-shakeout-before-a-big-rally/
  252. Bitcoin would be a buy if the price fell under $5,000., Mohamed El-Erian, chief economic advisor at Allianz, 29-Jun-2018, https://www.ccn.com/bitcoin-a-buy-below-5000-says-allianz-chief-economic-adviso
  253. 2013-11-27: ""What is a Citadel?" you might wonder. Well, by the time Bitcoin became worth 1,000 dollar [27-Nov-2013], services began to emerge for the "Bitcoin rich" to protect themselves as well as their wealth. It started with expensive safes, then began to include bodyguards, and today, "earlies" (our term for early adapters), as well as those rich whose wealth survived the "transition" live in isolated gated cities called Citadels, where most work is automated. Most such Citadels are born out of the fortification used to protect places where Bitcoin mining machines are located. The company known as ASICminer to you is known to me as a city where Mr. Friedman rules as a king.", u/Luka_Magnotta, aka time traveler from the future, 31-Aug-2013, https://www.reddit.com/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/
  254. 2018-02: Bitcoin price to hit $27,000 by February 2018, Trace Mayer, host of the Bitcoin Knowledge Podcast, and self-proclaimed entrepreneur, investor, journalist, monetary scientist and ardent defender, Link #1: https://mobile.twitter.com/TraceMayestatus/917260836070154240/photo/1, Link #2: https://www.bitcoinprice.com/predictions/
  255. 2018-06: "Bitcoin will surpass $15,000 in June [2018]." John McAfee, May 25, 2018, https://bitcoinist.com/john-mcafee-says-bitcoin-will-surpass-15000-in-june/
  256. 2018-07: Bitcoin will be $28,000 by mid-2018, Ronnie Moas, Wall Street analyst and founder of Standpoint Research, http://helpfordream.com/2018/12/23/5-bitcoin-price-predictions-gone-wrong/.
  257. 2018-12: Bitcoin to reach a price of between 40,000 and 110,000 US dollars by the end of the 2017 bull run ... sometime before 2019, Masterluc, 26-May-2017, an anonymous "legendary" Bitcoin trader, Link #1: https://www.tradingview.com/chart/BTCUSD/YRZvdurN-The-target-of-current-bubble-lays-between-40k-and-110k/, Link #2: https://www.bitcoinprice.com/predictions/
  258. 2018-12: "There is no reason why we couldn’t see Bitcoin pushing $50,000 by December [2018]", Thomas Glucksmann, head of APAC business at Gatecoin, Link #1: https://www.bitcoinprice.com/predictions/
  259. 2018-12: Listen up you giggling cunts... who wants some?...you? you want some?...huh? Do ya? Here's the deal you fuckin Nerds - Butts are gonna be at 30 grand or more by next Christmas [2018] - If they aren't I will publicly administer an electronic dick sucking to every shill on this site and disappear forever - Until then, no more bans or shadow bans - Do we have a deal? If Butts are over 50 grand me and Lammy get to be mods. Deal? Your ole pal - "Skully" u/10GDeathBoner, 3-Feb-2018 https://www.reddit.com/Buttcoin/comments/7ut1ut/listen_up_you_giggling_cunts_who_wants_someyou/
  260. 2018-12: 1 bitcoin = 1 Lambo. Remind me on Christmas eve [2018] u/10GDeathBoner, 3-Feb-2018, https://www.reddit.com/Buttcoin/comments/7ut1ut/listen_up_you_giggling_cunts_who_wants_someyou/dtn2pna
  261. 2018-12: Been in BTC since 2014 and experienced many "deaths" of BTC... this too shall pass... $10k end of the year. [2018] u/Exxe2502, 30-Jun-2018 https://reddit.com/Bitcoin/comments/8uur27/_/e1ioi5b/?context=1
  262. 2018-12: "Yale Alumni prediction - 30 Grand by Christmas [2018] - and you my friend... you will be the one eating Mcafee's dick in 2020. :) -:", u/SirNakamoto, 15-Jun-2018, https://www.reddit.com/Buttcoin/comments/8r0tyh/fdic_agrees_to_cover_bitcoin_losses_in_event_of/e0nzxq7
  263. 2018-12: "Impossible For Bitcoin Not to Hit $10,000 by This Year (2018)", Mike Novogratz, a former Goldman Sachs Group Inc. partner, ex-hedge fund manager of the Fortress Investment Group and a longstanding advocate of cryptocurrency, 22-Sep-2018, https://www.newsbtc.com/2018/09/22/billionaire-novogratz-impossible-for-bitcoin-not-to-hit-10000-by-this-yea
  264. 2018-12: "[Bitcoin] between $13,800 and $14,800 [by end of 2018]", Fundstrat's Tom Lee, 13-Dec-2018, https://www.cnbc.com/2018/12/13/wall-streets-bitcoin-bull-tom-lee-we-are-tired-of-people-asking-us-about-target-prices.html
  265. 2018-12: "Bitcoin is going to be $15k-$20k by the end of the year (2018)", Didi Taihuttu, 1-Nov-2018, https://www.wsj.com/video/series/moving-upstream/the-bitcoin-gamble/85E3A4A7-C777-4827-9A3F-B387F2AB7654
  266. 2018-12: 2018 bitcoin price prediction reduced to $15,000 [was $25,000], Fundstrat's Tom Lee, 16-Nov-2018, https://www.cnbc.com/2018/11/16/wall-streets-crypto-bull-tom-lee-slashes-year-end-forecast-by-10000.html
  267. 2018-12: "I want to be clear, bitcoin is going to $25,000 by year end (2018)", Fundstrat's Tom Lee, 5-Jul-2018, https://www.cnbc.com/video/2018/07/05/tom-lee-i-want-to-be-clear-bitcoin-is-going-to-25000-by-year-end.html
  268. 2018-12: "Bitcoin could be at $40,000 by the end of 2018, it really easily could", Mike Novogratz, a former Goldman Sachs Group Inc. partner, ex-hedge fund manager of the Fortress Investment Group and a longstanding advocate of cryptocurrency, 21-Sep-2018, https://www.youtube.com/watch?v=6lC1anDg2KU
  269. 2018-12: "Bitcoin will be priced around $50,000 by the end of the year (2018)", Bitcoin bull Arthur Hayes, co-founder and CEO of BitMEX, 29-Jun-2018, https://www.cnbc.com/2018/06/29/bitcoin-will-reach-50000-in-2018-says-founder-of-bitcoin-exchange.html
  270. 2018-12: "Bitcoin could definitely see $50,000 in 2018", Jeet Singh, cryptocurrency portfolio manager, speaking in January 2018 at the World Economic Forum in Davos, https://www.dcforecasts.com/new-prediction-says-bitcoin-hit-50000-2018/
  271. 2018-12: "Bitcoin will hit $100,000 this year (2018)", Kay Van-Petersen, an analyst at Saxo Bank, 17-Jan-2018, https://www.cnbc.com/2018/01/16/bitcoin-headed-to-100000-in-2018-analyst-who-forecast-2017-price-move.html
  272. 2018-12: "Bitcoin price to surpass the $100,000 mark by the end of 2018", Tone Vays, 21-Sep-2017, https://www.ccn.com/prominent-bitcoin-trader-price-is-heading-towards-100000-in-2018/
  273. 2018-12: "Bitcoin’s Price Will Surpass the $100,000 Mark by the End of 2018", Anonymous ("author" obviously too embarrassed to put his name to such bullshit "articles"), Oct-2018, https://investingpr.com/bitcoin-price-predictions-for-2018/
  274. 2018-12: "Our [2018] year-end bitcoin target is $7700.", James Stefurak, Founder at Monarch Research. See article: "Experts Forecast Bitcoin will rise by 2019", REF: https://hackernoon.com/experts-forecast-bitcoin-will-rise-by-2019-f4af8807036b?gi=dfea3c30d6d8
  275. 2018-12: "... we’ll see the price rally reaching its all-time of high of around $20K before the end of 2018", Khaled Khorshid, Co-Founder at Treon ICO. See article: "Experts Forecast Bitcoin will rise by 2019", REF: https://hackernoon.com/experts-forecast-bitcoin-will-rise-by-2019-f4af8807036b?gi=dfea3c30d6d8
  276. 2018-12: Bitcoin will end 2018 at the price point of $50,000, Ran Neuner, host of CNBC’s show Cryptotrader and the 28th most influential Blockchain insider according to Richtopia,https://www.bitcoinprice.com/predictions/
  277. Plus a whole host of wrong 2019 predictions (could not be included here because of post character limit issues), so please see my earlier post from 4 days ago: Ummm, remember those "Expert" Bitcoin Price Predictions for 2019 ..... ohhhhh dear ....., https://www.reddit.com/Buttcoin/comments/eiqhq3/ummm_remember_those_expert_bitcoin_price/
.
But it's NOT all bad news, some claims and promises are yet to be determined:
  1. Never going below $3K again
  2. Never going below $2K again
  3. Never going below $1K again
  4. Any others ? Please let me know.
submitted by Crypto_To_The_Core to Buttcoin [link] [comments]

KYC is absolutely not acceptable for MakerDAO!

I've heard that founder of MakerDAO is not strictly against KYC. I have a message to whole community and specifically to a founder of MakerDAO Rune Christensen. I will explain using concrete examples why having KYC in MakerDAO is a grave mistake and it will lead to MakerDAO fork.
Many people in the first world never actually understand why financial privacy and financial inclusion is important. Even people (in the first world) who seemingly supportive of such ideas are not able to provide any concrete examples of why it's actually important.
Unfortunately, I was born in a "wrong" country (Uzbekistan) and I experienced first hand what financial exclusion actually means. I know first hand that annoying feeling when you read polite, boilerplate rejection letter from financial institution based in first world. So I had to become practical libertarian. I'm going to give you concrete examples of financial discrimination against me. Then I'm going to explain fundamental reasons why it happens. And finally, I'm going to explain my vision for DAI.
Back in 2005, I lived in Uzbekistan. I had an idea to invest in US stocks. I was very naive and I didn't know anything about investing, compliance, bank transfers, KYC etc. All I knew is nice long term charts of US stocks and what P/E means. I didn't contact any US brokerage but I checked information about account opening and how to transfer money there. I approached local bank in Uzbekistan and asked how to transfer money to Bank of New York. Banker's face was like - WOW, WTF?!?! They asked me to go to private room to talk with senior manager. Senior manager of local bank in Uzbekistan asked me why I wanted to transfer money to US. They told me that it's absolutely impossible to transfer money to US/EU and pretty much anywhere. I approached nearly every local bank in the town and they told me the same.
In 2012, I already lived in Moscow and acquired Russian citizenship. I got back to my old idea - investing in US stocks. I called to many US brokerages and all of them politely rejected me. Usually when I called I asked them if I can open an account with them. They told me to hold on line. After long pause, I was able to speak with "senior" support who politely explain me that Russia in their list of restricted countries and they can't open an account for me. Finally, I was able to open an account with OptionsXpress. Next challenge was to convince local Russian bank to transfer money to US. Back then in 2012, I was able to get permission to do so. So you might say - is this happy end?
Fast forwarding US brokerage story to 2017, OptionsXpress was acquired by Charles Schwab. I was notified that my OptionsXpress account will be migrated to Charles Schwab platform. In 2017, I already lived in the Netherlands (but still having Russian citizenship). I wasn't happy with my stupid job in the Netherlands. I called Charles Schwab and asked if I quit my job in the Netherlands and have to return to Russia, what will happen with my account. Schwab told me that they will restrict my account, so I can't do anything except closing my account. So even if I was long term customer of OptionsXpress, Charles Schwab is not fully okay with me.
Going back to 2013, I still lived in Russia. I had another idea. What if I quit my job and build some SAAS platform (or whatever) and sell my stuff to US customers. So I need some website which accept US credit cards. I contacted my Russian bank (who previously allowed me to transfer money to OptionsXpress) about steps to make in order to accept US credit cards in Russia. I've been told explicitly in email that they won't allow me to accept US credit cards under any circumstances.
Back then I still believed in "the free west". So I thought - no problem, I will just open bank account abroad and do all operations from my foreign account. I planned vacation in Hong Kong. And Hong Kong is freest economy in the world. Looks like it's right place to open bank account. I contacted HSBC Hong Kong via email. Their general support assured me that I can open bank account with them if I'm foreigner. I flew to Hong Kong for vacation and visited HSBC branch. Of course, they rejected me. But they recommended me to visit last floor in their HQ building, they told me that another HSBC branch specializes on opening bank accounts for foreigners. I went there and they said minimum amount to open bank account is 10 mil HKD (1.27 mil USD). Later I learned that it's called private banking.
When I relocated to the Netherlands, I asked ABN Amro staff - what's happen with my bank account if I quit/lose my job in the Netherlands and have to return back to Russia. I've been told that I can't have my dutch bank account if I go back to Russia even if I already used their bank for 2+ years.
I still had idea that I would like to quit my job and do something for myself. The problem is that I'm Russian citizen and I don't have any residency which is independent from my employment. So if I quit my job in the Netherlands, I have to return back to Russia. I wanted to see how I would get payments from US/EU customers. I found Stripe Atlas, it's so exciting, they help you to incorporate in US, and even help with banking, all process of receiving credit card payments is very smooth. But as usual in my case, there is a catch - Russia in their list of restricted countries.
Speaking of centralized compliance-friendly (e.g. KYC) crypto exchanges. This year I live and work in Hong Kong. Earlier this year, I thought it would be nice to have an account at local crypto exchange in Hong Kong so I can quickly transfer money from my bank account in Hong Kong to crypto exchange using FPS (local payment system for fast bank transfers). What could go wrong? After all Hong Kong is freest economy in the world, right? I submitted KYC documents to crypto exchange called Weever including copy of my Hong Kong ID as they requested. They very quickly responded that they need copy of my passport as well. I submitted copy of my Russian passport. This time they got silent. After a few days, they sent me email saying that Russia is on the US Office of Foreign Assets Control sanction list, so they just require me to fill a form about source of the funds. I told them that the source of my funds is salary, my Hong Kong bank can confirm that along with my employment contract. They got very silent after I sent them a filled form. After a week of silence I asked them - when my account get approved? They said that their compliance office will review my application soon. And they got very silent again. I waited for two or three weeks. Then I asked them again. And I immediately got email with title - Rejection for Weever Account Opening. And text of email was:
We are sorry to inform you that Weever may not be able to accept your account opening application at this stage.
Exactly the same situation I had with one crypto exchange in Europe back in 2017. Luckily I have accounts at other crypto exchanges including Gemini, one of most compliance obsessed exchange in the world. Although I don't keep my money there because I can't trust them, who knows what might come into head of their compliance officer one sunny day.
By the way, I'm living and working outside of Russia for quite a few years. The situation with crypto exchanges is much worse for those who still living in Russia.
I give you a few other examples of financial discrimination is not related to troubles with my Russian citizenship.
Back in 2018, I still lived in the Netherlands. I logged in into my brokerage account just to buy US ETFs as I always do - SPY and QQQ. I placed my order and it failed to fill. I thought it's just a technical problem with my brokerage account. After a few failed attempts to send buy orders for SPY and QQQ, I contacted their support. What they told me was shocking and completely unexpected. They said I'm not permitted to buy US ETFs anymore as EU resident because EU passed a law to protect retail investors. So as a EU resident I'm allowed to be exposed to more risk by buying individual US stocks but I'm not allowed to reduce my risk by buying SPY because ... EU wants to protect me. I felt final result of new law. By the way, on paper their law looks fine.
And the final example. It's a known fact that US public market become less attractive in recent decades. Due to heavy regulatory burden companies prefer to go public very late. So if successful unicorn startup grows from its inception/genesis to late adoption, company's valuation would be 3-5 orders of orders of magnitude. For example, if valuation of successful company at inception is 1 Mil USD, then at its very latest stage it's valuation would be 10 Bil USD. So we have 10'000 times of growth. In the best case scenario, company would go public at 1 Bil USD 5-10 years before reaching its peak 10 Bil USD. So investors in private equity could enjoy 1000 fold growth and just leave for public only last 10 fold growth stretched in time. In the worst case scenario, company would go public at 10 Bil USD, i.e. at its historical peak. But there are well known platforms to buy shares of private companies, one of such platforms is Forge Global. You can buy shares of almost all blue chip startups. You can even invest in SpaceX! But as always, there is a catch - US government wants to protect not just US citizens but all people in the world (sounds ridiculous, right?). US law requires you to have 1 Mil USD net worth or 200'000 USD annual income if you want to buy shares of non-public company. So if you are high-net worth individual you can be called "accredited investor". Funny thing is that the law intends to protect US citizens but even if you are not US citizen and never even lived in US, this law is still applies to you in practice. So if you are "poor loser", platforms like Forge Global will reject you.
So high-net worth individuals have access and opportunity to Bitcoin-style multi-magnitude growth every 5-10 years. Contrary to private equity markets, US public markets is low risk/low return type of market. If you have small amount of capital, it's just glorified way to protect yourself from inflation plus some little return on top. It's not bad, US public market is a still great way to store your wealth. But I'm deeply convinced that for small capital you must seek fundamentally different type of market - high risk/high return. It's just historical luck that Bitcoin/Ethereum/etc were available for general public from day one. But in reality, viral/exponential growth is happening quite often. It's just you don't have access to such type of markets due to regulatory reasons.
I intentionally described these examples of financial discrimination in full details as I experienced them because I do feel that vast majority of people in the first world honestly think that current financial system works just fine and only criminals and terrorists are banned. In reality that's not true at all. 99.999% of innocent people are completely cut off from modern financial system in the name of fighting against money laundering.
Here is a big picture why it's happening. There are rich countries (so called western world) and poor countries (so called third world). Financial wall is carefully built by two sides. Authoritarian leaders of poor countries almost always want full control over their population, they don't like market economy, and since market forces don't value their crappy legal system (because it works only for close friends of authoritarian leader) they must implement strict capital control. Otherwise, all capital will run away from their country because nobody really respects their crappy legal system. It only has value under heavy gun of government. Only friends of authoritarian leader can move their money out of country but not you.
Leaders of rich countries want to protect their economy from "dirty money" coming from third world. Since citizens of poor countries never vote for leaders of rich countries nobody really cares if rich country just ban everyone from poor country. It's the most lazy way to fight against money laundering - simply ban everyone from certain country.
Actually if you look deeper you will see that rich countries very rarely directly ban ordinary people from third world. Usually, there is no such law which doesn't allow me to open bank account somewhere in Europe as non-EU resident. What's really happens is that US/EU government implement very harsh penalties for financial institutions if anything ever goes wrong.
So what's actually happens is that financial institutions (banks, brokerages etc) do de-risking. This is the most important word you must know about traditional financial system!
So if you have wrong passport, financial institution (for example) bank from rich country just doesn't want to take any risks dealing with you even if you are willing to provide full documentation about your finances. It's well known fact that banks in Hong Kong, Europe, US like to unexpectedly shutdown accounts of thousands innocent businesses due to de-risking.
So it's actually de-risking is the real reason why I was rejected so many times by financial institutions in the first world!!! It's de-risking actually responsible for banning 99.999% of innocent people. So governments of rich democratic countries formally have clean hands because they are not banning ordinary people from third world directly. All dirty job is done by financial institutions but governments are well aware of that, it's just more convenient way to discriminate. And nobody actually cares! Ordinary citizens in rich countries are never exposed to such problems and they really don't care about people in third world, after all they are not citizens of US/EU/UK/CH/CA/HK/SG/JP/AU/NZ.
And now are you ready for the most hilarious part? If you are big corrupt bureaucrat from Russia you are actually welcome by the first world financial institutions! All Russian's junta keep their stolen money all across Europe and even in US. You might wonder how this is possible if the western financial system is so aggressive in de-risking.
Here is a simple equation which financial institution should solve when they decide whether to open an account for you or not:
Y - R = net profit
Where:
Y - how much profit they can make with you;
R - how much regulatory risk they take while working with you;
That's it! It's very simple equation. So if you are really big junta member from Russia you are actually welcome according to this equation. Banks have special name for serving (ultra) high-net worth individuals, it's called private banking. It's has nothing to do with the fact that bank is private. It's just fancy name for banking for rich.
So what's usually happen in real world. Some Estonian or Danish bank got caught with large scale money laundering from Russia. European leaders are ashamed in front of their voters. They implement new super harsh law against money laundering to keep their voters happy. Voters are ordinary people, they don't care about details of new regulations. So banks get scared and abruptly shutdown ALL accounts of Russian customers. And European voters are happy.
Modern money laundering laws are like shooting mouse in your house using bazooka! It's very efficient to kill mouse, right?
Now imagine world without financial borders. It's hard to do so because we are all get so used to current status quo of traditional financial system. But with additional effort you can start asking questions - if Internet economy is so global and it doesn't really matter where HQ of startup is located, why they are all concentrated in just a few tiny places like Silicon Valley and ... well, that's mostly it if you count the biggest unicorns!
Another question would be - why so many talented russian, indian, chinese programmers just go to the same places like San Francisco, London and make super rich companies like Amazon, Google, Facebook, Apple to get even richer? If all you need is laptop and access to internet, why you don't see any trade happening between first and third world?
Well actually there is a trade between first and third world but it's not exactly what I want to see. Usually third world countries sell their natural resources through giant corporations to the first world.
So it's possible to get access to the first world market from third world but this access usually granted only to big and established companies (and usually it means not innovative).
Unicorns are created through massive parallel experiment. Every week bunch of new startups are created in Silicon Valley. Thousands and thousands startups are created in Silicon Valley with almost instant access to global market. Just by law of large numbers you have a very few of them who later become unicorns and dominate the world.
But if you have wrong passport and you are located in "wrong" country where every attempt to access global market is very costly, then you most likely not to start innovative startup in the first place. In the best case scenario, you just create either local business or just local copy-paste startup (copied from the west) oriented on (relatively small) domestic market. Obviously in such setup it's predictable that places like Silicon Valley will have giant advantage and as a result all unicorns get concentrated in just a few tiny places.
In the world without financial barriers there will be much smaller gap between rich and poor countries. With low barrier of entry, it won't be a game when winner takes all.
Whole architecture of decentralized cryptocurrencies is intended to remove middle man and make transactions permissionless. Governments are inherently opposite to that, they are centralized and permissioned. Therefore, decentralized cryptocurrencies are fundamentally incompatible with traditional financial system which is full of middle mans and regulations (i.e. permissions).
Real value of crypto are coming from third world, not the first world. People are buying crypto in rich countries just want to invest. Their financial system and their fiat money are more or less already working for them. So there is no immediate urgency to get rid of fiat money in the first world. So the first world citizens buying crypto on centralized KYCd exchanges are essentially making side bet on the success of crypto in third world.
Real and natural environment of cryptocurrencies is actually dark OTC market in places like Venezuela and China.
But cryptocurrencies like Bitcoin and Ethereum have a big limitation to wide adoption in third world - high volatility.
So the real target audience is oppressed (both by their own government and by first world governments) ordinary citizens of third world countries yet they are least who can afford to take burden of high volatility.
Right now, Tether is a big thing for dark markets across the world (by the way, dark market doesn't automatically imply bad!). But Tether soon or later be smashed by US/EU regulators.
The only real and working permissionless stable cryptocurrency (avoiding hyped word - stablecoin) is DAI.
DAI is the currency for post-Tether world to lead dark OTC market around the world and subvert fiat currencies of oppressive third world governments.
Once DAI become de-facto widespread currency in shadow economy in all of third world, then it will be accepted (after many huge push backs from governments) as a new reality. I'm talking about 10-20+ years time horizon.
But if MakerDAO chooses the route of being compliance friendly then DAI will lose its real target audience (i.e. third world).
I can not imagine US/EU calmly tolerate someone buying US stocks and using as a collateral to issue another security (i.e. DAI) which is going to be traded somewhere in Venezuela! You can not be compliance friendly and serve people in Venezuela.
Facebook's Libra was stupidest thing I've seen. It's extremely stupid to ask permission from the first world regulators to serve third world and create borderless economy. Another stupid thing is to please third world governments as well. For example, Libra (if ever run) will not serve Indian, Chinese, Venezuelan people. Who is then going to use stupid Libra? Hipsters in Silicon Valley? Why? US dollars are good enough already.
submitted by omgcoin to MakerDAO [link] [comments]

Stellar The Biggest Cryptocurrency since Bitcoin? 1 year later!

Special consideration and appreciation to 87Crypto for all the research and investment into most of this article, this flashback was and is very much on point perfectly.

My input and addition I believe will be the future of Stellar Lumens (XLM) and I don't think the bears can stop it.. With the works economy crashed because of the pandemic, countries are looking at making precious metal backed Cryptocurrencies.... Major banks are rushing to make the technology improvements to accommodate this change, and it is happening very rapidly..


To the world from REDDIT user 87Crypto:

Stellar The Biggest Cryptocurrency since Bitcoin?
Ok everyone, feel free to tell me I'm crazy and delusional on my idea of Stellar being the biggest Cryptocurrency since Bitcoin.

In 2014, Nasdaq launched a separate company, Nasdaq private market which partnered with a San Francisco based Blockchain startup company called Chain to test Bitcoin technology. Part of this testing included digital transfers of money and other assets securely and nearly instantaneously which is something the current system is incapable of doing so seamlessly. Additional features included the transfer of securities directly between asset managers, to serve as a secure ledger for tracking assets across divisions of a large organization, enable a next-generation mobile banking solution, create a loyalty points system for a consortium of brandsto issue digital gift cards onto a network that can support multiple wallet vendors, create automated insurance contracts, and issue central bank currencies digitally to improve the payments system in any country. In October 15th, 2017 IBM chose the Stellar Blockchain to power the process of cross-border payments. This partnership was to significantly reduce transaction costs and increase transaction speeds whilst eliminating the inefficiencies and frustrations of the current cross-border payments system. January of 2018, Former Chain president, and Goldman Sachs Managing Director of technology and Business Development became the Head of Corporate Business Development for the Newly launched digital arm of Fidelity. Now this is getting more and more obvious as to what is going on. The same group of people are involved in all these financial institutions. On September 4th, 2018 IBM Debuted Blockchain World Wire (BWW). This platform was created to not only improve the cross-border payment system but to revolutionize the entire financial system. This ecosystem allows assets to be freely transported to any region of the world without the necessity to exchange currencies prior to doing so. Blockchain world wire utilizes the Stellar native token, the Lumen, as a form of exchange, as well as gas for low transaction fees. One of the brilliant aspects of BWW is the fact that the Lumen can be converted to as many as sixty currencies and according to Jed McCaleb even stocks can be transferred within the ecosystem. These currencies vary from the current fiat system, to cryptocurrency, 1:1-dollar ratio Stable coins and central bank digital cryptocurrencies. Just six days later, on September 10, Blockchain Start up and Nasdaq partner merges with Steller’s start up named Lightyear. This merger formed Interstellar to bring Chain's enterprise products of digital asset transfers, seamless tracking of these assets, as well as their customer base to the Stellar blockchain. On the other side of the IBM / Stellar partnership, IBM was working closely with The Official Monetary and Financial Institutions Forum (OMFIF) on central bank cryptocurrencies. The OMFIF is an independent think tank for central banking, economic policy, and public investment with a collective of investable assets equating to $36 trillion dollars which is equivalent to 45% of the worlds GDP. I don’t know about you but that gave me goosebumps. The magnitude of the Stellar blockchain is just unreal. We are talking about Stellar having the potential to take over not just the cross-border payments market but will also play a massive role in asset tokenization which would revolutionize Wall St. Itself. On October 13th, 2018 Stellar partnered with SEC approved Security token exchange platform Hyperion. This exchange is the first platform in north American for security tokens. This provides investors the ability to exchange digital security tokens using blockchain technology with significantly lower fees as well as more efficiently than the traditional stock market. In addition to that, Hyperion signed an MOU with Kinesis Money, a company offering a unique system solely on digital gold and silver currencies. This unique form of tokenizing gold and silver as a 1:1 allocation to those assets as a stable coin is just further proof that everything will be tokenized on the blockchain. Ok, there’s a few more things to discuss. This is what institutions are calling open banking. Open banking is a system where banks can use the open source Application Programming Interfaces (APIs) to allow 3rd party developers applications around financial institutions. A partner of IBM that is leading the way of open banking is HSBC. Due to this strong relationship it is very likely they will use the Stellar Blockchain to issue digital assets. Speaking of partnerships and 3rd party developers, let's discuss yet another huge part of the puzzle that is Stellar.

On October 28th, 2018 the largest bank of the United states J.P Morgan financed a $34 billion-dollar loan to IBM for the acquisition of the world’s largest hybrid cloud provider, Red Hat. This purchase was purposely executed to become the #1 hybrid cloud provider in the world. Red hat fits the perfect description of the 3rd party required for HSBC to implement its Open banking and eventual issuance of digital currencies through the Stellar Blockchain. In case you were wondering why I made a point to mention J.P Morgan and their massive loan to IBM when I could have simply left them out, we'll circle back because it is important. On December 4th, 2018 we closed out the year with Fidelity and Nasdaq Ventures investing in cryptocurrency exchange Eris X. As Previously mentioned, Former president of blockchain start up Chain, Tom Jessup relocated to Fidelity which is a partner of Nasdaq in this cryptocurrency exchange Eris X. Tom Jessup was president of Chain during the time they partnered with Nasdaq. What I am pointing out is that all these top institutional companies are working together one way or another and it is clear as day something massive will be announced March 19th as I mentioned before. As we look back at all the moving parts, I can’t help but think that IBM and Stellar will revolutionize the stock market itself through all their partnerships directly or indirectly, more importantly due to Blockchain World Wire and its capabilities. This is truly incredible. But that's still not all just yet. J.P Morgan financing the $34 billion dollars to IBM was strategic. Well, what do you know, On February 14th of this very year, J.P Morgan launched their own US bank-backed cryptocurrency coin and as Jesse Lund, head of IBM Blockchain previously mentioned, Blockchain World Wire would allow up to 60 world currencies and even stable coins which is exactly why J. P. Morgan created their coin. All of this has led us to the Singapore Money 20/20 event of March 19th, 2019. All the pieces of the puzzle seem to be in place and I honestly can not find evidence to prove anything otherwise. Stellar has all the qualifications, attributes and partnerships to not only be one of the biggest cryptocurrencies in the world but to become the Blockchain of the financial world. Please give me your thoughts.
From: 87Crypto May, 2019

Now 1 year later :Everything is in place, all currencies are at an all time low because of the worldwide pandemic last month...
It is time, time to grow this machine!

We need a Stellar Lumens based "ATM" program that runs on Debian. Something that can be dropped into almost all "ATM" platforms. This would give instant international bank transactions from any bank to any bank. It could use Stripe or BWW directly, because of the existing Stellar Commitments, and Charge it's own processing fees set by the ATM provider.

Let's get this marketed to every ATM provider there is and push the market, this is the environment for bank integrations and will reduce ATM fees to the end user.. Even at $1 per average transaction that is an average savings of $1.50 per transaction from an average ATM... Banks will pay attention, then every user will see the message "Your transaction was proudly transferred to you with the Stellar Lumens (XLM) network, in coordination with BWW or Stripe, and" insert ATM COMPANY NAME "....This same environment would be used as the backbone of the merchant P.O.S. machines for credit card and debt transactions.
Thank you for reading..

The most cryptocurrency ever lost, was not from investments it was from inoperable or unrecoverable wallets. Stay safe my friends.
submitted by Uber1ife to xlm [link] [comments]

OCC Seeks Public Opinion On Possible Crypto Regulations

OCC Seeks Public Opinion On Possible Crypto Regulations

The Financial Regulator Requests Public Comments On The ‘Advance Notice Of Public Rulemaking’ (ANPR) Until August 3, 2020
While the crypto world is seeing increased daily trading activity, lawmakers hurry to get their legislations right. The U.S Office of the Comptroller of the Currency (OCC) posted two issuances, which are available for public discussion. The two proposals, titled Notice of Proposed Rulemaking (NPR) and Advance Notice of Proposed Rulemaking (ANPR), are aimed at modernizing the rules and requirements for banks in the modern economic situation.
Furthermore, ANPR seeks to boost the evolution of the traditional federal banking system, enabling it to be a support for businesses, consumers, and communities.
The proposals include updating or removing existing CFR 7 regulatory requirements, which became outdated due to the advancements in modern economy and finance. Regarding the crypto sector, the OCC is aiming its efforts in “activities, which are related to cryptocurrencies and crypto-assets, as well as the obstacles for mass adoption of crypto assets by banks and institutions.”
The ANPR is aimed at further developing NPR in the field of clarifying any misunderstandings during the public commenting stage.
Meanwhile, the two Notices describe that the adoption of crypto-related products and services by the U.S. population has increased.
“The first-ever cryptocurrency was born in 2009. Nowadays, over 1,000 cryptocurrency projects compete for a piece of the crypto market. Around eight percent of the Americans actually own cryptocurrencies.”
The OCC also noted that the introduction of PayPal in 1998 proliferated the mobile banking industry, as “49 percent of the Americans bank on their mobile phones, and 89 percent of the Millenials only use mobile banking.”
“Also, artificial intelligence (AI), machine learning, cloud computing, and other 21st-century technologies, are seeing mass adoption in the banking sector.”, the OCC stated.
The Notices impose questions about the usage of distributed ledger technology by banks and other financial institutions in terms of identity verification, monitoring, payment processing, as well as records management.
The U.S. OCC recently got support from the ex-General Counsel of crypto exchange Coinbase Brian Brooks. Brooks now operates as an Acting Comptroller from his former role as the Chief Operating Officer of the OCC. The role switch means Brian Brooks is now leading the OCC, which regulates the largest banks in the United States.
One of Brooks’ former ideas is to develop a national charter for payment providers like Stripe and PayPal.
submitted by Crypto_Browser to CryptoBrowser_EN [link] [comments]

UPDATE on my twitter suspension appeal

So if you havent seen my first post about my appeal, here it is. Appeal
This is going to be an update. I had sent in my second appeal in for my three accounts and this was the message.
Hello,
We’re writing to let you know that your account has been suspended—and will remain suspended—due to multiple or severe violations of our platform manipulation rules.
Artificially inflating your own or others’ followers or engagement is a violation of the Twitter Rules. This includes:
-selling/purchasing Tweet or account metric inflation – selling or purchasing followers or engagements (Retweets, Likes, mentions, Twitter Poll votes);
-apps – using or promoting third-party services or apps that claim to add followers or add engagements to Tweets;
-reciprocal inflation – trading or coordinating to exchange follows or Tweet engagements (including but not limited to participation in “follow trains”, “decks”, and “Retweet for Retweet” behavior); and
-account transfers or sales – selling, purchasing, trading, or offering the sale, purchase, or trade of Twitter accounts, usernames, or temporary access to Twitter accounts.
Please do not reply to this message as this email address is not monitored.
Thanks,
Twitter📷
Now heres the thing. The first two sorta kinda applies to me but what i dont understand is why now. Obviously I no longer do this, its been like years since i've did such thing. So an certain individual had falsely mass reported me on periscope for the reason spam. Twitter sees it as "platform manipulation and spam". And then I later receive this email from three of my twitter account's emails saying "Artificially inflating your own or others’ followers or engagement is a violation of the Twitter Rules". I just find this really weird and odd. The reason of account transfers or sales doesnt apply to me because i never bought or sold these accounts to anyone. Reciprocal inflation, im guessing follow trains and such? I guess i have participated in some of those by retweeting others tweets but i havent like made any tweets asking for followforfollow or retweetforretweets.

Selling/purchasing Tweet or account metric inflation - I dont sell any account metric inflation. As for purchasing, a while ago i believe i tried to buy like 1k for like five dollars or something just to try it out but like its been years. There was a site that i had used once in a while but eventually stopped called Youlikehits . Stated on their website:
Only Follow, Like, Subscribe, Share or Visit who and what you're interested in! We don't sell Followers, Likes, Subscribers, Shares or Hits. We are not a follow/like exchange. We never post from your Accounts without your permission. We don't ask for your account passwords. We have a strict NO Bot/Macro/Automation policy. All followers/likes/views are from real people. 
apps – using or promoting third-party services or apps that claim to add followers or add engagements to Tweets.
heres a list of apps currently connected to one of my twitter accounts
Squarespace Tippin.me - some bitcoin tipping service OSX - twitter on Mac Periscope Web Tiktok iOS - twitter for iOS MTV music awards vote PUBG Mobile Rockstar games social club Gofundme Yelp Unfollowspy - monitor and analyze followers and following. Located inactive and spam followers MARIO Kart Tour Audit and block fake followers - finds out how many of my followers are real Hypixel rewards Gleam competition app - a site used to grow your business. Most of the time is used in giveaways and such. Crowdfire - social media management. Discover and schedule content. Unlimapps - third party app that also for developers to add their own features to certain apps. Instagram - Niche - provides creators with the ability to grow, understand, and activate their social presence across all networks Swift key personalization Spotify Amazon Who followed me- makes it easy to track unfollowers as well as new followers. People who don’t follow back and people I don’t follow back. Giving the options to unfollow or follow as I see fit Tweepi- allows you to find relevant users on twitter, while being able to get a better understanding of your followers and friends. Blocktogether - a web app intended to help cope with harassment and abuse on twitter (no longer works as of 2018-06-28 Twitterific for IOS Siri Hive for Twitter- helps brands send emails they can feel good about. Super Mario run Vine Stripe Vine web SoundCloud Tweetdeck Unfollowerstats.com - track and unfollow your followers Periscope Mobile web - twitter. 
Tbh I didn’t even know I had this many apps connected but like these Twitter management tools are used to help mangage my followers and following and such.
If anyone has any encounters with this similar email, please let me know down below your stories and how you appealed it.
submitted by augustin_song to Twitter [link] [comments]

Introducing COINQVEST, Enterprise Cryptocurrency Payment Processing on Stellar. Accept Digital Currencies, Settle in USD, EUR, NGN.

COINQVEST provides digital currency checkouts that automatically go from Bitcoin to your bank account, in minutes. It helps you programmatically accept and settle payments in new digital currencies while staying compliant, keeping your accountants and tax authorities happy. With COINQVEST, sales can be denominated and settled in your local fiat currency (e.g. EUR, USD or NGN) regardless of whether your customers pay in Bitcoin, Ether or Stellar Lumens.
COINQVEST’s mission is to lower the payment barrier for the world’s merchants to join the global economy through simple digital payment processing. We process sales safely and efficiently for online merchants of all sizes and origins. Think of it as Stripe for crypto.

The COINQVEST platform provides the following key features:

Benefits of COINQVEST for the Stellar Network

How COINQVEST uses Stellar:

Links:

Feedback:

For more details, team members, API docs, please visit www.coinqvest.com
And, of course, we’d love to hear your feedback! Leave a comment below and connect with us on our public Keybase channel @coinqvest.public or chat directly with @marcinx or @xiaohu

Stellar Community Fund:

If you like this product, please consider voting for us in the Stellar Community Fund.
submitted by enqvistx to Stellar [link] [comments]

How can customers pay with bitcoin without signup, ID, or wallet?

Hello Guys,
Currently running an e-commerce shop and I can only accept bitcoin due to the nature of the products. I was using paypal/stripe to accept payment but was blocked by both. No other payment processor will accept the products I sell without having a massive monthly sales volume.
I want to make it easier for my customers to pay with bitcoin but I believe the process of buying bitcoin will put them off. I use coinbase commerce as a gateway currently. This shows a QR code and my bitcoin address where customers can pay to.
However, majority of the payment options are quite long winded i.e. sign up, provide verification, wait. This puts off customers from buying.
The only way I have though of currently is to use Bittylicious or Switchere which don't require sign up or ID. They could use my address when purchasing the coins which would send them to me. Alternatively, they can sign up to Coinbase or a like exchange, create a wallet and then send the coins to me.
Is there another less complicated, cheaper method to send bitcoins? Please let me know.
TIA!
submitted by UCopped to BitcoinBeginners [link] [comments]

/r/Bitcoin FAQ - Newcomers please read

Welcome to the /Bitcoin Sticky FAQ

You've probably been hearing a lot about Bitcoin recently and are wondering what's the big deal? Most of your questions should be answered by the resources below but if you have additional questions feel free to ask them in the comments.
The following videos are a good starting point for understanding how bitcoin works and a little about its long term potential:
For some more great introductory videos check out Andreas Antonopoulos's YouTube playlists, he is probably the best bitcoin educator out there today. Also have to give mention to James D'Angelo's Bitcoin 101 Blackboard series. Lots of additional video resources can be found at the videos wiki page or /BitcoinTV.
Key properties of bitcoin
Some excellent writing on Bitcoin's value proposition and future can be found here. Bitcoin statistics can be found here, here and here. Developer resources can be found here and here. Peer-reviewed research papers can be found here. The number of times Bitcoin was declared dead by the media can be found here. Scaling resources here, and of course the whitepaper that started it all.

Where can I buy bitcoins?

BuyBitcoinWorldwide.com and Howtobuybitcoin.io are helpful sites for beginners. You can buy or sell any amount of bitcoin and there are several easy methods to purchase bitcoin with cash, credit card or bank transfer. Some of the more popular resources are below, also, check out the bitcoinity exchange resources for a larger list of options for purchases.
Bank Transfer Credit / Debit card Cash
Coinbase Coinbase LocalBitcoins
Gemini Bitstamp LibertyX
GDAX Bitit Mycelium LocalTrader
Bitstamp Cex.io BitQuick
Kraken CoinMama WallofCoins
Xapo BitcoinOTC
Cex.io
itBit
Bitit
Bitsquare
Here is a listing of local ATMs. If you would like your paycheck automatically converted to bitcoin use Cashila or Bitwage.
Note: Bitcoins are valued at whatever market price people are willing to pay for them in balancing act of supply vs demand. Unlike traditional markets, bitcoin markets operate 24 hours per day, 365 days per year. Preev is a useful site that that shows how much various denominations of bitcoin are worth in different currencies. Alternatively you can just Google "1 bitcoin in (your local currency)".

Securing your bitcoins

With bitcoin you can "Be your own bank" and personally secure your bitcoins OR you can use third party companies aka "Bitcoin banks" which will hold the bitcoins for you.
Android iOs Desktop
Mycelium BreadWallet Electrum
CoPay AirBitz Armory
Another interesting use case for physical storage/transfer is the Opendime. Opendime is a small USB stick that allows you to spend Bitcoin by physically passing it along so it's anonymous and tangible like cash.
Note: For increased security, use Two Factor Authentication (2FA) everywhere it is offered, including email!
2FA requires a second confirmation code to access your account, usually from a text message or app, making it much harder for thieves to gain access. Google Authenticator and Authy are the two most popular 2FA services, download links are below. Make sure you create backups of your 2FA codes.
Google Auth Authy
Android Android
iOS iOS

Where can I spend bitcoins?

A more comprehensive list can be found at the Trade FAQ but some more commons ones are below.
Store Product
Gyft Gift cards for hundreds of retailers including Amazon, Target, Walmart, Starbucks, Whole Foods, CVS, Lowes, Home Depot, iTunes, Best Buy, Sears, Kohls, eBay, GameStop, etc.
Steam, HumbleBundle, Games Planet, itch.io, g2g and kinguin For when you need to get your game on
Microsoft Xbox games, phone apps and software
Spendabit, The Bitcoin Shop, Overstock, DuoSearch, The Bitcoin Directory and BazaarBay Retail shopping with millions of results
ShakePay Generate one time use Visa cards in seconds
NewEgg and Dell For all your electronics needs
Cashila, Bitwa.la, Coinbills, Piixpay, Bitbill.eu, Bylls, Coins.ph, Bitrefill, Pey.de, LivingRoomofSatoshi, Hyphen.to, Coinsfer, GetPaidinBitcoin, Coins.co.th, More #1, #2 Bill payment
Foodler, Menufy, Takeaway, Thuisbezorgd NL, Pizza For Coins Takeout delivered to your door!
Expedia, Cheapair, Lot, Destinia, BTCTrip, Abitsky, SkyTours, Fluege the Travel category on Gyft and 9flats For when you need to get away
BoltVM, BitHost VPS service
Cryptostorm, Mullvad, and PIA VPN services
Namecheap, Porkbun For new domain name registration
Stampnik and GetUSPS Discounted USPS Priority, Express, First-Class mail postage
Reddit Gold Premium membership which can be gifted to others
Coinmap, 99Bitcoins and AirBitz are helpful to find local businesses accepting bitcoins. A good resource for UK residents is at wheretospendbitcoins.co.uk.
There are also lots of charities which accept bitcoin donations, such as Wikipedia, Red Cross, Amnesty International, United Way, ACLU and the EFF. You can find a longer list here.

Merchant Resources

There are several benefits to accepting bitcoin as a payment option if you are a merchant;
If you are interested in accepting bitcoin as a payment method, there are several options available;

Can I mine bitcoin?

Mining bitcoins can be a fun learning experience, but be aware that you will most likely operate at a loss. Newcomers are often advised to stay away from mining unless they are only interested in it as a hobby similar to folding at home. If you want to learn more about mining you can read more here. Still have mining questions? The crew at /BitcoinMining would be happy to help you out.
If you want to contribute to the bitcoin network by hosting the blockchain and propagating transactions you can run a full node using this setup guide. Bitseed is an easy option for getting set up. You can view the global node distribution here.

Earning bitcoins

Just like any other form of money, you can also earn bitcoins by being paid to do a job.
Site Description
WorkingForBitcoins, Bitwage, XBTfreelancer, Cryptogrind, Bitlancerr, Coinality, Bitgigs, /Jobs4Bitcoins, Rein Project Freelancing
OpenBazaar, Purse.io, Bitify, /Bitmarket, 21 Market Marketplaces
Watchmybit, Streamium.io, OTika.tv, XOtika.tv NSFW, /GirlsGoneBitcoin NSFW Video Streaming
Bitasker, BitforTip, WillPayCoin Tasks
Supload.com, SatoshiBox, JoyStream, File Army File/Image Sharing
CoinAd, A-ads, Coinzilla.io Advertising
You can also earn bitcoins by participating as a market maker on JoinMarket by allowing users to perform CoinJoin transactions with your bitcoins for a small fee (requires you to already have some bitcoins)

Bitcoin Projects

The following is a short list of ongoing projects that might be worth taking a look at if you are interested in current development in the bitcoin space.
Project Description
Lightning Network, Amiko Pay, and Strawpay Payment channels for network scaling
Blockstream and Drivechain Sidechains
21, Inc. Open source library for the machine payable web
ShapeShift.io Trade between bitcoins and altcoins easily
Open Transactions, Counterparty, Omni, Open Assets, Symbiont and Chain Financial asset platforms
Hivemind and Augur Prediction markets
Mirror Smart contracts
Mediachain Decentralized media library
Tierion and Factom Records & Titles on the blockchain
BitMarkets, DropZone, Beaver and Open Bazaar Decentralized markets
Samourai and Dark Wallet - abandoned Privacy-enhancing wallets
JoinMarket CoinJoin implementation (Increase privacy and/or Earn interest on bitcoin holdings)
Coinffeine and Bitsquare Decentralized bitcoin exchanges
Keybase and Bitrated Identity & Reputation management
Bitmesh and Telehash Mesh networking
JoyStream BitTorrent client with paid seeding
MORPHiS Decentralized, encrypted internet
Storj and Sia Decentralized file storage
Streamium and Faradam Pay in real time for on-demand services
Abra Global P2P money transmitter network
bitSIM PIN secure hardware token between SIM & Phone
Identifi Decentralized address book w/ ratings system
Coinometrics Institutional-level Bitcoin Data & Research
Blocktrail and BitGo Multisig bitcoin API
Bitcore Open source Bitcoin javascript library
Insight Open source blockchain API
Leet Kill your friends and take their money ;)

Bitcoin Units

One Bitcoin is quite large (hundreds of £/$/€) so people often deal in smaller units. The most common subunits are listed below:
Unit Symbol Value Info
millibitcoin mBTC 1,000 per bitcoin SI unit for milli i.e. millilitre (mL) or millimetre (mm)
microbitcoin μBTC 1,000,000 per bitcoin SI unit for micro i.e microlitre (μL) or micrometre (μm)
bit bit 1,000,000 per bitcoin Colloquial "slang" term for microbitcoin
satoshi sat 100,000,000 per bitcoin Smallest unit in bitcoin, named after the inventor
For example, assuming an arbitrary exchange rate of $500 for one Bitcoin, a $10 meal would equal:
For more information check out the Bitcoin units wiki.
Still have questions? Feel free to ask in the comments below or stick around for our weekly Mentor Monday thread. If you decide to post a question in /Bitcoin, please use the search bar to see if it has been answered before, and remember to follow the community rules outlined on the sidebar to receive a better response. The mods are busy helping manage our community so please do not message them unless you notice problems with the functionality of the subreddit. A complete list of bitcoin related subreddits can be found here
Note: This is a community created FAQ. If you notice anything missing from the FAQ or that requires clarification you can edit it here and it will be included in the next revision pending approval.
Welcome to the Bitcoin community and the new decentralized economy!
submitted by BinaryResult to Bitcoin [link] [comments]

Bitcoin Cash is the Manifestation of the Honey Badger! Post here and get free bits, its Tipping Tuesday! We will spread economic freedom worldwide!

Tipping Tuesday is a long tradition that originated in /bitcoin before the moderators banned and censored the tipping threads, and changetip went extinct because of Core's policies of strangling layer one transactions. There is only one true Bitcoin that follows the definition of Bitcoin as a chain of signatures in satoshi's whitepaper and that is Bitcoin-BCH. Ever since Bitcoin Legacy was attacked and usurped by central banking oligarch forces, they have had a policy of high fees and unreliable transactions. The Cult of Core no longer even advocates Bitcoin as Cash, but instead say its a high fee settlement system, and they look forward to $1000 fees. They have used censorship and propaganda, and dirty tricks like false agreements such as NYA and the Hong Kong fake agreements where they promised block size limit increases along with segwit as a compromise, and then backstabbed us in order to unethically sneak segwit in past Nakamoto consensus without giving the blocksize upgrade. The amount of slander and dirty tricks are near endless. I even have people impersonating me on twitter to make me look bad. These are the type of dirty tricks and COINTELPRO tactics being used against the Bitcoin community.
Because of this usurpation of Bitcoin, and BlockStream Core's policies, many companies and services have stopped using Bitcoin. Dell stopped accepting it, Rakuten stopped, Steam stopped, coinmixers stopped, Reddit, Stripe, Circle, Microsoft (for a time), Fiverr, Satoshidice, Changetip, Expedia, and many more stopped accepting Bitcoin-Legacy. Core said its ok because Bitcoin doesn't need to be used, it has "store-of-value". But some of us realize that Bitcoin gets its value from being used as a currency, we see the unlimited potential a free and permissionless money system has and we are not going to give up so easily. With Bitcoin Cash, our ecosystem is blooming. On BCH we are building and innovating again. We have been added to the biggest payent processors and exchanges like Coinbase and BitPay. We have innovative new products like censorship resistant social media on memo.cash and blockpress.com platforms. Satoshidice has been revived again using the BCH blockchain. Mixers and decentralized shuffling protocols like cashshuffle are being built. Tip bots are back and stronger than ever. We can finally transact normally again and continue the vision of Satoshi as a world wide cash system that brings economic freedom everywhere. BlockStream says Bitcoin is not for everyone, but it seems the Bitcoin Cash community disagrees and wants to spread economic freedom world wide saving lives and improving this world. It is our job to work hard defending Bitcoin, and spreading BCH everywhere.
Please post here to get some free bits. Bits is the historical unit for Bitcoin, but it also went extinct from the high fees on BTC-Legacy. Bits can only be feasible on BCH the real Bitcoin with low fees, it just doesn't work on Bitcoin-Legacy anymore. Coinbase and Bitpay had adopted bits before the fees killed it and my hope is they will embrace it for BCH again. There are 1 million bits in a BCH. If newbs have any questions please feel free to ask in the thread as well and get advice on how to use the tip bot, and withdraw to your own wallet, or other aspects about why Bitcoin-BCH is good, and why Bitcoin-BTC is so bad.
Reddit usage for tippr directions are here: https://www.reddit.com/tippwiki/reddit-usage
Information on chaintip the other tip bot is here: https://www.chaintip.org/
I suggest using the Bitcoin.com wallet for withdrawing BCH because they have BCH as default. You may also want to try the Bitpay wallet, which has some added features like a shapeshift button to change your btc-segwits into Bitcoin-BCH (bitcoin.com has this as well), as well as an amazon button to purchase amazon gift cards instantly in the BitPay app using Bitcoin. And there is a bitcoin BitPay debit card option in the app as well.
In the BitPay wallet you will need to add the BCH wallet as a second wallet as its not there by default. So press the + symbol and create new personal wallet, then choose coin BCH and back it up.
If you need to change between legacy and the new cashaddr format then use this tool: https://cashaddr.bitcoincash.org/
Its a lot of work doing these tipping threads but we were being attacked with fake Tipping Tuesday threads by Core trolls, so someone had to turn up the heat. It takes a lot of energy and funds to do these threads but they seem effective at getting newbs involved and its also good PR for our community. If you like what I am doing, please consider donating, to help keep these things going.
tippr stats are here
Donation Address: legacy address format: 1FjUvvvaegkCipDDLFVsHeMrSeRCiBnnk3 new cashaddr format: bitcoincash:qzse4z78funz3033ft29lzrlyx3c2ufwyy8m5rgh99
submitted by cryptorebel to btc [link] [comments]

Stripe now supports Bitcoin for checkout [no longer in beta]

Stripe now supports Bitcoin for checkout [no longer in beta] submitted by sudonim87 to Bitcoin [link] [comments]

The Decade in Blockchain — 2010 to 2020 in Review

2010

February — The first ever cryptocurrency exchange, Bitcoin Market, is established. The first trade takes place a month later.
April — The first public bitcoin trade takes place: 1000BTC traded for $30 at an exchange rate of 0.03USD/1BTC
May — The first real-world bitcoin transaction is undertaken by Laszlo Hanyecz, who paid 10000BTC for two Papa John’s pizzas (Approximately $25 USD)
June — Bitcoin developer Gavin Andreson creates a faucet offering 5 free BTC to the public
July — First notable usage of the word “blockchain” appears on BitcoinTalk forum. Prior to this, it was referred to as ‘Proof-of-Work chain’
July — Bitcoin exchange named Magic The Gathering Online eXchange—also known as Mt. Gox—established
August —Bitcoin protocol bug leads to emergency hard fork
December — Satoshi Nakamoto ceases communication with the world

2011

January — One-quarter of the eventual total of 21M bitcoins have been generated
February — Bitcoin reaches parity for the first time with USD
April — Bitcoin reaches parity with EUR and GBP
June — WikiLeaks begins accepting Bitcoin donations
June — Mt. Gox hacked, resulting in suspension of trading and a precipitous price drop for Bitcoin
August — First Bitcoin Improvement Proposal: BIP Purpose and Guidelines
October — Litecoin released
December — Bitcoin featured as a major plot element in an episode of ‘The Good Wife’ as 9.45 million viewers watch.

2012

May — Bitcoin Magazine, founded by Mihai Alisie and Vitalik Buterin, publishes first issue
July — Government of Estonia begins incorporating blockchain into digital ID efforts
September — Bitcoin Foundation created
October — BitPay reports having over 1,000 merchants accepting bitcoin under its payment processing service
November — First Bitcoin halving to 25 BTC per block

2013

February — Reddit begins accepting bitcoins for Gold memberships
March — Cyprus government bailout levies bank accounts with over $100k. Flight to Bitcoin results in major price spike.
May —Total Bitcoin value surpasses 1 billion USD with 11M Bitcoin in circulation
May — The first cryptocurrency market rally and crash takes place. Prices rise from $13 to $220, and then drop to $70
June — First major cryptocurrency theft. 25,000 BTC is stolen from Bitcoin forum founder
July — Mastercoin becomes the first project to conduct an ICO
August — U.S. Federal Court issues opinion that Bitcoin is a currency or form of money
October — The FBI shuts down dark web marketplace Silk Road, confiscating approximately 26,000 bitcoins
November — Vitalik Buterin releases the Ethereum White Paper: “A Next-Generation Smart Contract and Decentralized Application Platform
December — The first commit to the Ethereum codebase takes place

2014

January — Vitalik Buterin announces Ethereum at the North American Bitcoin Conference in Miami
February — HMRC in the UK classifies Bitcoin as private money
March — Newsweek claims Dorian Nakamoto is Bitcoin creator. He is not
April — Gavin Wood releases the Ethereum Yellow Paper: “Ethereum: A Secure Decentralised Generalised Transaction Ledger
June — Ethereum Foundation established in Zug, Switzerland
June — US Marshals Service auctions off 30,000 Bitcoin confiscated from Silk Road. All are purchased by venture capitalist Tim Draper
July — Ethereum token launch raises 31,591 BTC ($18,439,086) over 42 days
September — TeraExchange launches first U.S. Commodity Futures Trading Commission approved Bitcoin over-the-counter swap
October — ConsenSys is founded by Joe Lubin
December — By year’s end, Paypal, Zynga, u/, Expedia, Newegg, Dell, Dish Network, and Microsoft are all accepting Bitcoin for payments

2015

January — Coinbase opens up the first U.S-based cryptocurrency exchange
February — Stripe initiates bitcoin payment integration for merchants
April — NASDAQ initiates blockchain trial
June — NYDFS releases final version of its BitLicense virtual currency regulations
July — Ethereum’s first live mainnet release—Frontier—launched.
August — Augur, the first token launch on the Ethereum network takes place
September — R3 consortium formed with nine financial institutions, increases to over 40 members within six months
October — Gemini exchange launches, founded by Tyler and Cameron Winklevoss
November — Announcement of first zero knowledge proof, ZK-Snarks
December — Linux Foundation establishes Hyperledger project

2016

January — Zcash announced
February — HyperLedger project announced by Linux Foundation with thirty founding members
March — Second Ethereum mainnet release, Homestead, is rolled out.
April — The DAO (decentralized autonomous organization) launches a 28-day crowdsale. After one month, it raises an Ether value of more than US$150M
May — Chinese Financial Blockchain Shenzhen Consortium launches with 31 members
June — The DAO is attacked with 3.6M of the 11.5M Ether in The DAO redirected to the attacker’s Ethereum account
July — The DAO attack results in a hard fork of the Ethereum Blockchain to recover funds. A minority group rejecting the hard fork continues to use the original blockchain renamed Ethereum Classic
July — Second Bitcoin halving to 12.5BTC per block mined
November — CME Launches Bitcoin Price Index

2017

January — Bitcoin price breaks US$1,000 for the first time in three years
February — Enterprise Ethereum Alliance formed with 30 founding members, over 150 members six months later
March — Multiple applications for Bitcoin ETFs rejected by the SEC
April — Bitcoin is officially recognized as currency by Japan
June — EOS begins its year-long ICO, eventually raising $4 billion
July — Parity hack exposes weaknesses in multisig wallets
August — Bitcoin Cash forks from the Bitcoin Network
October — Ethereum releases Byzantium soft fork network upgrade, part one of Metropolis
September — China bans ICOs
October — Bitcoin price surpasses $5,000 USD for the first time
November — Bitcoin price surpasses $10,000 USD for the first time
December — Ethereum Dapp Cryptokitties goes viral, pushing the Ethereum network to its limits

2018


January — Ethereum price peaks near $1400 USD
March — Google bans all ads pertaining to cryptocurrency
March — Twitter bans all ads pertaining to cryptocurrency
April — 2018 outpaces 2017 with $6.3 billion raised in token launches in the first four months of the year
April — EU government commits $300 million to developing blockchain projects
June — The U.S. Securities and Exchange Commission states that Ether is not a security.
July — Over 100,000 ERC20 tokens created
August — New York Stock Exchange owner announces Bakkt, a federally regulated digital asset exchange
October — Bitcoin’s 10th birthday
November — VC investment in blockchain tech surpasses $1 billion
December — 90% of banks in the US and Europe report exploration of blockchain tech

2019

January — Coinstar machines begin selling cryptocurrency at grocery stores across the US
February — Ethereum’s Constantinople hard fork is released, part two of Metropolis
April — Bitcoin surpasses 400 million total transactions
June — Facebook announces Libra
July — United States senate holds hearings titled ‘Examining Regulatory Frameworks for Digital Currencies and Blockchain”
August — Ethereum developer dominance reaches 4x that of any other blockchain
October — Over 80 million distinct Ethereum addresses have been created
September — Santander bank settles both sides of a $20 million bond on Ethereum
November — Over 3000 Dapps created. Of them, 2700 are built on Ethereum
submitted by blockstasy to CryptoTechnology [link] [comments]

Current Fads in Bitcoin | Nuv Mining

Bitcoin is improved the idea that cash is any object, or any kind of document, accepted as settlement for items as well as solutions and payment of financial debts in a provided nation or socio-economic collection. Bitcoin uses cryptography, or mathematical formulas, to manage the creation as well as transfer of cash, instead of depending on governments and also main financial authorities. Transfers for finances, sales, purchases or any various other approaches of payment can be refined by anyone, making use of a desktop computer, mobile phone, tablet computer, or laptop. This is all feasible without the requirement for a financial institution to work as an intermediary or taping representative.
Nuv Mining
Developed in 2009, Bitcoin is a digital money introduced as open resource software program by an MIT trainee called Satoshi Nakamoto. There is much conjecture as to whether Satoshi is an actual person, or a collection of individuals making use of a pseudonym. Bitcoin are produced by a process termed mining, in which specialized computer full complex mathematic equations and also are compensated with a block of bitcoins. This procedure takes around 10 minutes and the current block rewards 25 bitcoins. The block reward will certainly be halved to 12.5 bitcoins in 2017 as well as again around every 4 years thereafter. By 2140 there will be approximately 21 million bitcoins in existence.
nuvmining
This week has revealed a speedy of task with company owner of all red stripes getting on track with Bitcoin. From small companies in New Orleans, to the Sacramento Kings of the NBA approving Bitcoin for ticket sales and also team materiel, to gambling enterprises in Las vega, Bitcoin is popping up all over. Venture Capitalist Chris Dixon thinks Bitcoin might get to $100,000 if it ends up being the main means of ecommerce (Wired ). The Chief Executive Officer of a major online merchant was priced quote as claiming "Various other stores will certainly not wish to miss out, Bitcoin market is growing by 30% per month." This very same seller saw a 5% boost in sales the very first day it accepted Bitcoin. Zynga Games, among the largest on the internet gaming business, in charge of Farmville, Castleville, and a host of others also began accepting Bitcoin for in game monetary transactions. After the five Large Financial institutions said no to cash from cannabis dispensaries as well as growers, Colorado's lawful cannabis dispensary industry turned to Bitcoin (ZeroHedge ). The Internal Revenue Service has also recently introduced a project that enables tax obligations to be paid with Bitcoin. There has actually been Bitcoin ATM MACHINE's appearing in cities such as Vancouver, Ottawa, and a Bratislava Slovakia mall. Just recently, the New York City Bitcoin ATM was put on hold until a public hearing under the territory of the New York State Division of Financial Solutions can be held.
After flirting with the $1,000 worth following the New Year, Bitcoin has actually been gradually trading at around $950 on the Mt. Gox exchange over the last fortnight and is being well supported by the 50 day relocating average indicating Bitcoin is still distinctly favorable. This was shocking to most experts who thought the governing information appearing of China, India, and Russia would certainly rupture Bitcoins bubble. However, Michael Robinson, with over thirty years of experience in market analysis, believes the majority of experts are wrong. He recommends that the strong improvement we saw in very early December, coupled with the consistent assistance of the 50 day moving average, shows Bitcoin is an exceptionally healthy and balanced market, as well as need to only remain to raise in value.
submitted by Nuvmining to u/Nuvmining [link] [comments]

WEF is against crypto? Stripe ends Bitcoin Support? Stripe + Stellar Lumens (XLM)? Bitcoin Payments Come To Stripe John Collison of Stripe on Bitcoin Stripe Bitcoin Stripe to Drop Bitcoin For Stellar Lumens! Price Changes For The ICON Mainnet Launch!

Stripe, the digital payments processor that handles electronic transactions for Lyft, Glossier, Target, Habitat for Humanity, and more, will no longer allow Bitcoin on its platform after April 23, 2018.. The company announced in a blog post on Tuesday that Stripe is dropping support for Bitcoin due to the network’s slow confirmation times and high fees, which have made it impractical as a ... Stripe is one of the most well-funded private Fintechs. With a $36billion unicorn valuation in a sector that is in growth mode, it seems unstoppable. Global e-commerce is currently estimated to be a $4trillion sector with huge upside potential, as it currently accounts for only 8% of total commerce (eMarketer stats reported by CB insights). Of course, there is incumbent and Fintech fierce ... Bitcoin Exchange Platform is intended for people willing to achieve wealth and financial freedom but unable to do so because they're not financial experts. Sign Up Login. Get to know us. About Bitcoin Exchange Platform . Welcome to Bitcoin Exchange Platform, your number one source for all cryptocurrency exchange. We're dedicated to providing you the best of exchange service, with a focus on ... After less that 30 seconds, I knew exactly what Stripe was doing with Bitcoin, how to use the new feature and integrate it. This is great news for Bitcoin. If all it takes is one extra line of code for online retailers to start accepting the currency, widespread adoption could sky rocket. That's always been Bitcoin's crutch, simple integration. Others like Coinbase and Bitpay have made it much ... Stripe gave up on bitcoin, but co-founder John Collison is excited about the future of crypto “The future of crypto — especially as it applies to the means of exchange — that future is ...

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WEF is against crypto? Stripe ends Bitcoin Support? Stripe + Stellar Lumens (XLM)?

John Collison is the co-founder of Stripe, a company that "makes it easy to start accepting credit cards on the web today." The 23 year old is from Limerick, Ireland and sold his first company at ... This video is unavailable. Watch Queue Queue. Watch Queue Queue In this episode we talk about big banks and government talking about cryptocurrencies and really wanting to ban or at least regulate/tax it before and more i... Join The 1st Wordpress Social Platform! Register NOW: https://www.wpfriends.com In This Stripe Tutorial, I show you how to use the stripe payment gateway and... Stripe, the online payments platform based out of Silicon Valley announced that they would stop accepting Bitcoin payments by April 2018. This is due to Bitcoin’s high transaction fees ...

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