Interesting technological events are happening in Estonia right now. Ever since the country started their E-Estonia citizenship program, a lot of interested parties have been keeping a close eye on the proceedings. Just last week, E-Estonia announced blockchain-based notary services thanks to a partnership with BITNATION. But that is not all, as the Estonian government is asked to shed some light on their Bitcoin stance in the near future. http://digitalmoneytimes.com/the-fate-of-bitco/ |
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The biggest Bitcoin AMA event in history is still going on over at the Bitcoin.com forums. Over the past few weeks, a lot of Bitcoin industry experts have participated in this AMA session and answered questions from the community. The time has to come to recap some of these discussions, as we will look at what Andreas M. Antonopoulos, Roger Ver and Bobby Lee had to say. https://news.bitcoin.com/bitcoin-com-ama-recap-andreas-antonopoulos-roger-ver-bobby-lee/ |
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Many Bitcoin community members are trying to boost adoption throughout the world. However, that process has turned out to be quite difficult in some cases, especially when it comes to getting novice users to buy their first Bitcoin amount. Exchanges require document verification, and ATMs are sparsely located. Is there a good way to convert people to Bitcoin? http://themerkle.com/news/converting-people-to-bitcoin-verification-procedure-struggles/ |
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Over the course of three previous articles, the pros and cons of the bankchain concept have been thoroughly discussed. Even though most Bitcoin enthusiasts don’t see a viable future for private blockchains in the banking system, there are still a few aspects left to discuss. Regulation of bankchains will be important, and it remains to be seen how the Know-Your-Customer requirement will be tackled. https://news.bitcoin.com/bankchain-part-iv-centralized-exchanges-kyc-procedures/ |
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Venturing into the world of mobile payments and point-of-sale terminals is not an easy feat; as there quite a bit of competition to take into account. But that isn’t keeping popular accounting software solution FreshBooks from giving it a try, as they launched a new app and dongle system to let small business accept plastic card payments with an iPhone. http://bitcoinist.net/freshbooks-announces-mpos-app-time-for-bitcoin-integration/ |
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Bitcoin enthusiasts will probably remember the one person who implanted a Bitcoin wallet into his own hand to make contactless payments. At that time, the idea seemed ridiculous, but now that electronic tattoos might be used for payments in the near future, none of these ideas seems farfetched anymore; Chaotic Moon is the company behind these ideas, and they are eyeing fitness tracking as well. http://bitcoinist.net/electronic-tattoos-future-bitcoin-payments/ |
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Bitcoin ATMs are a quick and convenient way for novice users to obtain Bitcoin in exchange for fiat currency. Unfortunately, there is a high fee associated with Bitcoin ATM transactions, which can be as high as 7% or more. But even regular bank ATMs are suffering from high fees, and a solution has to be found to reduce these charges. http://themerkle.com/news/you-can-lower-your-bitcoin-atm-fees/ |
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A few days ago, the European Central Bank announced how instant payments will become possible throughout all of Europe by November 2017. To make this idea become a reality, the Euro Retail Payments Board will partner with the European Payments Council to create a scheme enabling instant payments denominated in EUR. This announcement could be good news for Bitcoin exchanges in the European market as well. https://news.bitcoin.com/impact-instant-sepa-transfers-european-bitcoin-exchanges/ |
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Bitcoin ransomware has been plaguing various companies and institutions for quite some time now. Up until this point, most traditional financial institutions were spared from ransomware attacks but that situation has come to change. Three Greek banks are being targeted by Bitcoin ransomware, and the hackers are requesting a total sum of €21m to decrypt the files. http://digitalmoneytimes.com/armada-collective-targets-greek-banks-bitcoin-ransomware/ |
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With the evolution of the payment landscape and constant change these days the main question is what kind of solutions can we use in every single store. According to Walmart executive Mike Cook, it will not be a payment method support by NFC, nor will it be Google Wallet. This announcement narrows down the field and leaves Bitcoin as one of the possible options. http://digitalmoneytimes.com/walmart-eliminates-competition-bitcoin-payments/ |
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The world of technology never seems to sleep, as existing devices are being put into smaller form factors on a regular basis. Several ongoing Indiegogo crowdfunding campaigns offer pocket-sized computers that all pack quite a punch. Rather than just using these devices to run a Bitcoin Node – which is certainly possible – they can be used as full-fledged PC’s as well. https://news.bitcoin.com/pocket-sized-pcs-offer-multiple-advantages-bitcoin-users/ |
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Doomsday scenarios are not very popular for an obvious reason, but now and then, it is important to consider what would happen if push came to shove. Bank of England posted their doomsday scenario, to reveal how UK banks would deal with a massive economic shock. While it is important to keep in mind most of these events will most likely not happen anytime soon, it gives valuable insights as to why Bitcoin is so important. http://bitcoinist.net/bank-england-doomsday-scenario-paints-positive-outlook-bitcoin/ |
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Buying and selling Bitcoin in a quick and convenient manner is still of the utmost priority for most consumers. While most of the Bitcoin’s are either bought in a peer-to-peer fashion or from an exchange, alternatives are slowly making a name for themselves. LibertyX is one of those alternative options, through which buying Bitcoin in-store becomes an appealing option. http://themerkle.com/news/buy-bitcoin-from-13000-retail-locations-with-libertyx/ |
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It was only a matter of time until the US Securities and Exchange Commission filed official charged Bitcoin mining companies for fraudulent behavior. Both GAW Miners and ZenMiner have been officially indicted, as these two Bitcoin mining “companies” have been charged with conducting a Ponzi scheme to defraud investors. http://themerkle.com/news/sec-files-charges-joshua-garza-gaw-miners-zenminer/ |
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Dell was among the very first major companies to experiment with Bitcoin payments at an early stage. Over the years, a fair amount of Bitcoin users have been using digital currency to pay for their Dell orders, but it looks like the company has removed to pay in BTC altogether. Earlier this year, various Reddit users had reported similar issues when paying in Bitcoin. http://bitcoinist.net/bitcoin-issues-dell-website-still-not-resolved/ |
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