What I am looking for is a anonymous place to invest in stocks etc with bitcoin and gain a return on it.
Maybe a stock exchange that accepts bitcoin and is anonymous.
*anonymity is very important too me.*
There are companies that do have Bitcoins and stocks and you can buy one in the relation with other one , but these companies are the ones which do need KYC because at the end of the day if something happens they won't know who to go with . . . . Plus if the company do not have KYC , you should also rethink , how serious they are about this matter ? I do want to say some thing * Bitcoins are investment in themselves therefore you don't really have to wait for someone to give you good returns , you can hold and at the same time , you can trade * If everything fails there are website online where you can lend Bitcoins and at the same time gain some interest. Here is top lending services for Bitcoins: https://cryptomaniaks.com/best-bitcoin-lending-sites Best of luck. |
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The Belt and Road Initiative is a scary neo-domination tactic that China is employing right now. This is a money trap for the poor countries (including mine) that promises prosperity but when in fact it is a ruse to take a piece of a nation's land. Here is how I understood this money trap works. China is creating a new Silk Road that is not based of lands but most of it are in the water and air, they will offer help to third world countries by giving them funds to create infrastructures like ports, skyscrapers or airfields. There will be a timeframe for this help to be paid and as a poor country they offer exorbitant amount of money which is impossible if not difficult to be paid and then here is where the trap works, when the country can't pay the debt then the other option happens where China will have full control over the infrastructure including the land, basically they are buying lands from this nation without really buying it. Look at what happened to Sri Lanka when they haven't paid their debt. What is the difference between China and Nazi Germany? Nazi Germany have a Swastika on their flag Source for what happened to Sri Lanka: https://www.bbc.com/news/business-40044113See the thing is , everyone is very well aware of what China is doing. China had indebted most of the small nations around like , Pakistan , Sri-Lanka and many more , this way they are one step ahead of all these small nations and with time , this debt is going to increase , which inturns will make the economic situation of these small countries worse , now what they are doing is asking them for small favours in lieu of the debt. They are using economy to sway politics . But most of the countries have now started to shift their focus from China to other developing countries like India , if the report is true there are 1000's of countries which are shifting to India . Therefore I do believe this economic superiority will be short lived , in the near future there will be countries which will be shifting the production which inturns will put a leash on the economic boost. But for right now with the new emerging pandemic potential viruses , I really think they are not as superior as the post potrays them to be. |
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USA will survive the economic crisis if it becomes a socialist country Hundreds of years of capitalism proved that capitalism is not good... some get rich and 90% stay poor . It's time for cooperatives to shine ...It's time for a Socialist America . https://www.youtube.com/watch?v=FGqMMpMkKXsSad truth is : US will recover this economic crisis soon enough , even if they don't change their methods to treat people with respect and dignity , the Government is supported by major banks and rich companies , which inturns asks them for lineancy in issues that might create a problem for their reputation. It's been like that since years , in terms of developing and underdeveloped countries it's too much predominant . Now let's go over the details regarding socialism which was explained very nicely by the Google dictionary. a political and economic theory of social organization which advocates that the means of production, distribution, and exchange should be owned or regulated by the community as a whole It looks good in the theory but then it comes to implementing it , it really fails , this is not me saying it without any reason , it's what's been tried by 3 countries , and it failed , good thing they came out of it. There will always be a disparity unfortunately, we need a new form of Government I think but more than that , we need a good Government. |
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The guy really would have inspired a lot of people , at the same time he should have been listed in the wiki for the person who did quote the term HODL !! In the Crypto world , I did not know about this and thus thank you for sharing the information. At the same time I do think the biggest holder of all time would be Mr. Satoshi Nakamoto since he did not touch his Bitcoins and since he is the one who made it , I like to believe that he does support the community from the shadows. Too sad that the forum member GameKyuubi isn't very active of the forum.His last post is dated back in January 2020,but it appears that he is logged in and browsing the forum in August 13 2020. I guess that he is too busy HODLing.  I agree with his post 100%.I myself can't pick the right time to sell my BTC,so I always sell at the wrong time/price.We are natural born HODLers. Now with the new analysis of the profiles , if you were inactive for a certain time , you cannot gain much Campaigns and at the same time the consistency is valued , therefore maybe he did not want to participate ? We cannot know for sure but I hope the person knows we are talking about him in a good way . The post is hard to read (it took me a few times), but there's an impressive amount of merits confirming that this is indeed the beginning of hodling. I do agree with him that hodling is a good strategy for people who aren't good at trading (like me) because hodling requires only patience and strong will, while trading can be very nervous, time-consuming and requiring some skills. I don't know what happened to this person (the guy is still relatively active on Bitcointalk, so at least probably alive), but he's been hodling at least as of May 2017 (you can see it from his post history). Even if he lost the ATH opportunity (and there's a chance he didn't), he'd be in great profit now, as pointed out by mk4. So ultimately it's probably the best strategy, albeit not risk-free.
At the same time it is good for those people who don't have much to trade and loose as for me trading is a little risky, I try it every once in a while but during quarantine I cannot afford to take risks , therefore I analyze that and realize how Holding is way better than doing something that you are not the expert in.. |
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Please allow me to make a little suggestion . When we go on the website too see the most wagered player , the player with most profit and such , but the top button only shows most ,most . Which does not have any problems when you actually click on it and see , you can analyze by yourself but for the new players I do think it would be advantageous if we have something like : Most(W), Most(P) .
Your screen is too small that’s why it’s not fitted. I’m viewing it as complete “Most Wagered” and “Most Profit” using my Ipad without any problem. That is the typical disadvantage of using mobile in browsing online web based casino. But it’s a good suggestion to adjust with that so that users can’t be confused on that redundant word. Gandom UI/UX design is on par to some famous casino like sportsbet. I will definitely try there live casino using my signature payment next week.
I saw some minor issue. The website was not responsive whenever I click the icon of Live Casino under the Casino category. I believe the reason is because the live game history pop-up too fast that result for the website to become laggy. Maybe you should check that.  Yes I already am aware of the fact but I do think we cannot ignore the amount of mobile casino users , since it's like on the go thing , we can open it up anywhere , therefore I did think it would look good and professional if we do a little adjustment , this way it won't look weird for the first time users . But then again it's very minor and not much attention nor much changes are needed to make it a little better . Rest as for the lagging issue , the live one always lags a little but when I resume after refreshing most of the times it's gone. |
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Please allow me to make a little suggestion . When we go on the website too see the most wagered player , the player with most profit and such , but the top button only shows most ,most . Which does not have any problems when you actually click on it and see , you can analyze by yourself but for the new players I do think it would be advantageous if we have something like : Most(W), Most(P) .  (Please ignore if this does not make sense or is insignificant .) |
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BTC Can truly show the economy
i think when btc is down we know economy is down when economy is up the btc is up.
oil and gold are the same if the gold is still high in this economic bad situation we can expecting gold to hit even higher
if the btc not going up anytime soon in few months we are in real trouble...then the whole economy will collapse.
so guys lets watch the btc price and we will know everything:)
sometimes the whales manipulating with quick pumps...but we can still the real price of btc
Unfortunately no , the economic situation if any country perse is not related to the price of the Bitcoins since most of the time we have to take care of the fact that more than 50% Investors are whales and they don't get affected by things like this . It should be understood that even right now during the pandemic when Bitcoins were supposed to go down , they did not , they maintained the stable system for a little while and later on rose in price only to be sitting down waiting for a big wave against the resistance. Bitcoin and economy don't go hand in hand , even though there is a connection between the centralized and the non centralized market it's not that deep to share similar steps on the way. But then again we shall remember that amongst all cryptocurrencies Bitcoins is the one that is the most Interrelated with the economy.  Here is a image to show you how different cryptocurrencies dominate the market which can be corelated to the small connection they have with the world's economy. |
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The Federal Financial Regulation Authority (FFSA) or BaFin, the body responsible for overseeing cryptocurrency service providers, was in the midst of cracking down on both illegal and unregulated Bitcoin ATMs. According to a Bitcoinnews.com article, the closure accompanies a regulation that took effect last January ordering crypto-service operators to receive BaFin authorization. German BaFin regulators have found a range of illegal Bitcoin ATMs running in Germany, and at least one firm, the Estonia-licensed Virtual Planet OÜ operated by the Shitcoin Club, has issued an order to halt the activity of Bitcoin ATMs in the region, according to the article. Another central Bitcoin ATM provider, Coin Fellows, was told to stop all activities in Germany by the end of July. Bitcoin traders in Germany opposed the closure, arguing that the BaFin criteria are too stringent for small enterprises and are best appropriate to banks and major financial entities. The U.S. Department of Justice has already started cracking down on illegal bitcoin ATMs and recently confiscated 17 computers in California, according to the article. If it was illegal and unregulated they have to be shut down , since it could cause more problems in the future. If in case there was some problem and the person did not know who to go to it would all be futile. Most ATM's are registered, have numbers to contact in case there is some problems and such , please people can even report this to the police. But when it comes to unregulated ATM's it might create a problem , not just for the people or the Government but for the image of Bitcoins itself. Therefore these ATM's needs to be shut down until and unless the person in charges , registers and clears all the problems but when it comes to people with small businesses they will ofcourse oppose the decision , I do believe the Government should employee a little different strategy for these people. But they cannot just go around and let illegal ATM's in the public since it would be the responsibility of the Government itself. |
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... I have been wondering over the past few months about the fungibility of Bitcoin now that blockchain analysis tools from Chainalysis and others. As an example, it might be hard to get FIAT$ from some exchanges with BTC with "taint" from mixers or traces back to use in dark markets. If the exchanges crack down on those who want to cash-out of BTC that is "dirty", then IMO that makes BTC not perfectly fungible. Well, the gold market at the wholesale levels works somewhat similarly. The LBMA (the world's largest physical gold custodian) carefully tracks the gold bars it holds, and even allows into the system. It is very hard to get gold of uncertain provenance ("dirty" gold) into the LBMA system. The below article explores this, and hints that we are almost there re a hierarchy of gold and BTC (dirty gold and dirty BTC are worth less): https://www.coindesk.com/bitcoin-gold-staying-cleanEDIT: The article suggests this is more of an issue at the wholesale levels (institutional investors, etc.) The thing is when you receive Bitcoins you won't look at the whole history , geography and civics of that particular fella  what you have is : Bitcoins From where : For most of the people it doesn't matter. _*_ Plus how would they know from where they came from until and unless the person who is holding them agrees to provide the wallet history and so on ... You would have to track a lot more before you get to know that it's very time consuming+ hard and nearly impossible. (There is a reason why we have FBI  ) _*_ These KYC enabled wallets usually are connected with the bank accounts and which directly point towards the person in question , therefore this might have been easy to do for the companies but for a normal person it's as hard as a job as any. _*_ At the same time the Virgin Bitcoins which have been mined and does not have any print of anyone , do sell for worth more in the markets. The miners charge more for them . Therefore I do believe this might happen, the dark coins being sold for less , but who would want to end the inquiry of a CBI/FBI/police right at their door step ? It's like the fiat argument as well, that every US dollar has traces of cocaine on it. So if people started to use any analysis on any taint, then we're all holding Bitcoin related to crime, or casinos, or exchanges. I think the problem of cracking down only exists with DIRECT linkage to criminal activities, for example withdrawing from known dark market wallets to an exchange.
In terms of Physical cash we cannot always do anything regarding that , we sure have to numbers written which is different for everyone but at the same time you cannot do that , check each and every person in the city for a dollar they might be holding which dates back to a murder in 2000!! That is why corruption will have a hard time with Bitcoins. |
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Sell 1 million products at $1 a piece Sell 100000 products at $10 a piece Sell 10000 products at $100 a piece Sell 1000 products at $1000 a piece Sell 100 products at $10000 a piece Sell 10 products at $100000 a piece Sell 1 product at $1000000 a piece Simple and easy Can you guess why it is so hard to make your first million ? I do not like Jeff Benzos as an individual but I do like a quote that he shared with people. *When you are making an invention always think how it would change people's life , how would it change their future* I don't really remember word to word but yes. _*_ Another one from a rich person was: *Never invest into something that would loose value in the future* For example if you invest in a car, you would enjoy it for a while and in the future it would slowly loose its value. But when you actually invest in something like gold/Bitcoins/property then you can enjoy that investment for years to come. _*_ I do believe what you are saying might be true on the papers but when it come to reality it's really hard to pair up these things like that . There is a difference between the Theory and practical part. |
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Even though cryptocurrencies like : Bitcoins is legal in India apparently the banks do believe they have a power over the users and there have been statements from the verified users regarding: 1. Paytm freezing bank accounts which are involved in Crypto trading , OR , the accounts they suspect are involved with the trading of cryptocurrencies 2. Axis bank freezing accounts related to Cryptocurrencies 3. Axis banks asking customers to sign how they are not using their bank accounts for crypto trading and such. https://news.bitcoin.com/paytm-freezes-indian-bank-accounts-cryptocurrency-trading/ Here I would like to extend this news with a statement from RBI: Crypto trading is not illegal. Banks are not restricted. However banks can act in their own interest, so users are advised to take caution. Which further shows us how centralized the government is and how users even though are not taking part in any illegal activities can be banned for no reason . Apart from that the bill which is going to ban cryptocurrencies for once and for all has been a matter of combat between the crypto enthusiasts and the Governmental authorities. _*_ The Government is creating hardships for the people who are living in India and are dependent on the virtual currencies. At the same time people are being tracked , media is doing little or no justice to the image of Bitcoins and other cryptocurrencies , amongst all this how can the Biggest democracy in the world neglect it's citizens. There are around five million digital currency users in India. This statement itself shows how the banks and the Government itself is creating mockery of what the kids are taught in school itself : Government is to the people , for the people , by the peopleWhat the students should be taught is: Government is embodiment of the shadows of the rich and the wealthy people in the society and chooses to follow them , enabling the Centralization and the corruption to grow when the common man suffers and is restricted from their personal choices in the matters that the government thinks can harm the country or could reduce their power.Bitcoins is here to stay , I do believe that hopefully the Government will realize this and work towards building a crypto friendly economy. I choose to share this article because I do believe the Indian people who are using their bank accounts connected with the wallets should be careful regarding which bank they are dealing with and try and clear this out with your banks before they ban your account and you have to run time and again in the office to get your remaining money which is now locked and needs like 100 signatures to be safely transferred to you . Plus please make sure to see if you bank does allow crypto trading because often we tick every new column that pops up in the online banking every once in a while but fail to see what they might have in board for us. Plus you can try and use DBS , the online bank account which I am using since 4 years for trading and didn't face any problems till now . _*_ Another country choosing to stay back.. while Bitcoins by integrating themselves with the economy of the countries accepting the new norm is taking them years ahead . Genuinely. [It's a technology of the future and I do believe we need young people who are Motivated towards the IT sector to help and run the Government instead of people who are too old to change.] Is there any future of Bitcoins in India ? |
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Bitcoin adoption could start growing exponentially once people realized that BTC can be used as money in any place. Right now this is not the case because you either have to pay a pretty high transaction fee, from $2 to $6, or you should wait for a long time for your transaction to be confirmed. That's what most people think, and what is more important, that's what merchants think, refusing to accept payments in BTC.
I think the solution lies in accepting the so called "zero-conf transactions", only the fee, of course, should not be set at zero. Right now, for example(and keep in mind that this is not an advantageous period for such an example), you can pay as little as 2 satoshis/byte for your transaction to be confirmed within 3-4 hours. It means 672 sats, or $0.076, for the median transaction size of 224 bytes.
Will some people try to abuse it? Surely. But with the due process of law, they will be treated as counterfeiters, with all the consequences. So, the vast majority of people will not even think of trying to double spend, just like not many of us think of robbing a bank or counterfeiting money.
Thus, the proverbial "you can't pay for a cup of coffee with Bitcoin" will become obsolete. Anyone can afford spending extra 8 cents, and no one would risk their freedom for trying to steal a cup of coffee.
Please, share your thoughts on this.
TL;DR: I think the key to wider BTC adoption is in accepting zero-conf transactions.
I do agree with you on the fact that the fee should not be set at zero. I do know one thing : Since Bitcoins is not centralized and there are numerous small miners working ... Their own income is dependent on the fee that we pay for the transactions. We cannot get it done securely for free , even if we talk about lightning network: -It did not demand zero fee but fee was exceptionally low -Its not safe. _*_ No. If merchant allows it then the risk of double-spending or accepting bitcoin when the rate changes drastically is higher. Nobody is going to love that. As mentioned earlier, promoting LN is a better idea. While the setup is not as easy as it sounds, I believe it is justified if you want fast but secure (at least to some extent) transactions.
For sure lightning network is equipped to handle fast transactions but before going on any conclusions we should always remember how it's not safe and therefore I do believe we still have some years left before we can actually have a safer version of it. _*_
I think the solution lies in accepting the so called "zero-conf transactions", only the fee, of course, should not be set at zero. Right now, for example(and keep in mind that this is not an advantageous period for such an example), you can pay as little as 2 sat
Please, share your thoughts on this.
TL;DR: I think the key to wider BTC adoption is in accepting zero-conf transactions.
I do believe we should have a upgradation where we cannot cancel the transaction , the ones which are made for any business reason , like: coffee and the person paying and one paid to , should receive a digital receipt of some kind. Maybe smart contracts can be upgraded and then made into a more simpler version? Since this would not only be easy but also use but also enable some next level security but then again we have to fight against Centralization amongst all of this. But more than that am scared about how some people would use these unconfirmed transactions being accepted. For sure some hackers might find a way. |
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She is more than welcome to join Great! It looks like MehMeh is the first to join  I'll just assume that you would help out with any winnings for her if she were to win Of course My daughter (3 years old when she entered the 10th anniversary art contest*) likes making artwork. She came up with her own artist name: MehMeh (pink and blue was her choice), but she doesn't want to write it yet. I'll sign a SHA256 hash for this and all future artwork from 1MehMeh1Nwr1woiqzji1GZWDqezow2kVVr (not meant for payments) to prove it's authentic MehMeh art. -----BEGIN BITCOIN SIGNED MESSAGE-----
58257999d313b790655725172419dfec414f24dfe7bafb877e224b2938c15581 1Mehmeh3.jpg
Signed August 7, 2020.
-----BEGIN SIGNATURE-----
1MehMeh1Nwr1woiqzji1GZWDqezow2kVVr
HL+KtLUqqwOUEx0BGPKNLqFlCI2tKnCRB5IgK6yzMp2AM0VNZ5RqblFb8zIkoISuP1WYIlhk99iVhlkXMJVBXFs=
-----END BITCOIN SIGNED MESSAGE----- Full disclosure: I made a template so she could accurately draw Roo on her magic scratch pad. The rest is all hers I took the glass out of the frame to reduce reflection for the picture. She calls it: I love you Roo:  Roobet username: LoyceV * I'm teaching my kids about privacy online, so I won't give any clues about her exact birthday.
Father daughter bonding The fact that your daughter is 3 but is already able to imagine and draw that well does mean that she has a lot of potential and I do believe in the Future she would be an amazing artist. I really think it's amazing that you are supporting her. ✨ She does have very good skills when it comes to gasping the concept. Very very rare for a 3 year old. That aside thank you for again organizing the art Competition , I do believe this time I would try and take time and I do think it would help the participants if you would please give us some comments about the previous artworks if you do feel comfortable so we can guide our energy towards the new competition.🐱 _*_ Thank you ☺️ |
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The Signature and Avatar has been updated Thank you Bitcoin Talk Username: fiulpro Profile link : https://bitcointalk.org/index.php?action=profile;u=712353;sa=showPostsPost count:2773+1 Gamdom name: Fiulpro Forum Rank: Senior Member BTC address: 3CkE3Az6s3Q42qgds2cD5g7STQpbxQ1eB9 5 posts per week must be in gambling section, only 1 post per week will count in gambling discussion. Rest must be in GAMBLING section
Thank you for clearing this out ☺️ |
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In a recent article it has been stated how the mining stocks in the US are outperforming Bitcoins even though the price rally of Bitcoins have seen incredible upsurge before jumping into the resistance which I do think will be helpful for people who want to ride the rally in the future. https://www.coindesk.com/mining-stocks-are-beating-bitcoin-in-a-bullish-cryptocurrency-market Let's look at some facts first: Over the past year, two cryptocurrency mining companies – Riot Blockchain and Marathon Patent Group – have gained 97% and over 128 percent, respectively. Bitcoin is up 3% in the same period. An amazing investment opportunity for the people here . After reporting less than $5 million for most of July, Riot daily volume also skyrocketed to a record-setting $58 million on Aug. 3 shortly before setting a new yearly high of $4.58. The figures are clearly stating how it can benefit people by investments in the future. Why are they rising higher than Bitcoins?“It’s also natural for mining stocks to rise faster than bitcoin because investors are pricing in a bull market, which could cause revenue to balloon,” Watkins added.
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I sent some funds from address A to address B .
The transaction is unconfirmed. Can I send from address B to address C some funds?
What if there is a problem in the transaction and your transaction is not confirmed and money is added back in A ? What if you have the wrong address or some personal errors of some sort and funds never reached B? See , it might be possible as the person above stated but frankly I have never been interested in doing something like that because it's better to wait rather than make a mistake that would turn problematic for you . There is no back switch , even though there are people who are developing technology further towards that , there have been a lot of news , but at the same time right now what we have a simple wallet transferring funds from A to B . Wait for the funds to reach B , then only make a transfer to C. |
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51 Percent Attack is an attack on blockchain that dominates 51 percent of its overall computation rate (hash rate). Assuming the current Bitcoin blockchain hash rate is 126.13 Exahash per day, then 51 Percent Attack should be able to dominate up to 64.3263 Exahash per day.
In this case, the Bitcoin miners have the potential to carry out the attack, because they are the ones who have the greatest resources. The fact is that currently, the Bitcoin mining hash rate globally is controlled by miners from China which reaches 2/3 or around 66.66 percent. This means Bitcoin miners from China, if they want, they can do a 51 Percent Attack on the Bitcoin blockchain.
If you ask why they don't want to attack, the answer is simple, because it will mess with the Bitcoin ecosystem itself, including the crypto asset ecosystem in general. There will be distrust of Bitcoin, which in turn reduces the value and degree of Bitcoin itself. However, the chances of success at 51 Percent Attack are also uncertain. This means that considering the enormous cost per day, then the likelihood of confusion and uncertainty, hackers have to think a thousand times.
See what I understand is : The miners are actually the people who are dependent on Bitcoins for their regular income and such . What would they get out of this?-Nothing The only thing we should be worried about is the fact that the government can seize the Mining farms and with the help of their unfair power and can shut down the percentage located in China and therefore make the Bitcoins vulnerable. BUT If something like this happens , people will be informed on time and you can just stop your transactions entirely , rather you can make a transaction in ATH and convert it into BTC this way there won't be any prolems regarding the unsecured transactions. Plus even if this happens it might take a while but the remaining miners would for sure see this as an opportunity to dominate the market and increase their work load , within months it would be stronger than ever , which would essentially prevent the future problems related to China. _*_ Let's look over the news from 2019 / Taken directly from google/ Chinese authorities have seized nearly 7,000 crypto mining machines consuming electric power illegally. Chinese authorities have seized nearly 7,000 crypto mining machines, illegally consuming electric power, local news outlet CCTV reported on Dec.Dec 23, 2019 Government did nothing wrong , all they did was seize the ones which used illegal electrical power but what they showed is that they do have the ability to do something like this. 7000 Mining farms is a lot. |
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Long gone are the days when Government literally tried to ban the cryptocurrencies and it seemed like we are going to hit the rock bottom. But now , in 2020 we are seeing what seems like the race to dominate the debit card industry in terms of cryptocurrencies. https://www.forbes.com/sites/lukefitzpatrick/2020/08/10/a-race-to-dominate-crypto-debit-cards-has-begun/ With the announcement of first crypto debit card being launched till now , where we are evaluating the risks of having a Crypto card for all the transactions this is the future of the society that Government sooner or later has to accept *the fact that crypto market is going to take over the world* 73 views|Aug 10, 2020,08:47am EDT A Race To Dominate Crypto Debit Cards Has Begun Luke FitzpatrickContributor Crypto & Blockchain I cover blockchain trends and cryptocurrencies. In this photo illustration a Visa credit card and Mastercard... POLAND – 2020/01/03: In this photo illustration a SOPA IMAGES/LIGHTROCKET VIA GETTY IMAGES Halfway through this year, the Wirecard scandal shocked the world. What was once a tech darling, soon became a subject of controversy within financial circles. Before the news came to light, it appeared Wirecard could emerge as a dominant player in the crypto debit card space, but now, as Wirecard’s preliminary insolvency proceedings take place, the race to dominate the crypto card market has begun. The dark past of crypto debit cards In June, Wirecard filed for insolvency admitting 1.9 billion euros ($2.1 billion) absent from its accounts was non-existent. Former CEO Markus Braun was arrested and suspected of market manipulation. Wirecard was not the first, and it is unlikely to be the last to face regulatory scrutiny of its business practices in the crypto debit card space. In 2018, WaveCrest, a worldwide digital payment solutions provider, was ordered by Visa V to close all Visa prepaid cards immediately they had issued. Visa’s demand led to the suspension of many customer’s prepaid cryptocurrency cards in Europe. Visa stated WaveCrest had not been following Visa’s membership regulations but did not offer specifics regarding non-compliance. During the ICO craze of 2017, Central Tech promised the development of Centra Card, which allegedly could be used at Visa and Mastercard MA terminals to make payments tapping into the customer’s cryptocurrency holdings. The company employed celebrities such as boxer Floyd Mayweather and DJ Khaled to promote its ICO. Experiencing delays, Robert Farkas, co-founder of Centra Tech, pled guilty during this year for securities and wire fraud. Enterprise lend credibility In July 2020, Visa posted a blog titled, Advancing our approach to digital currency, in which the company described its vision for digital currency. With plans to partner with many blockchain companies, Visa intends to provide customers with a broad array of technologies: Work with licensed and regulated digital currency platforms such as Coinbase and Fold. Create a bridge between Visa’s network of 61 million global merchants and cryptocurrencies. In an expansion of its current cryptocurrency program, Mastercard is making it easier for companies in the digital currency space to issue branded payment cards as seen recently in a deal with Wirex. Allows digital currency companies to issue cards on Mastercard’s network. Wirex became the first native cryptocurrency platform to gain principal membership. PayPal PYPL has also entered the cryptocurrency market and partnered with Venmo. Soon, PayPal’s 265 million users will be able to buy bitcoin via the Venmo mobile payment app. According to Coindesk, PayPal could begin rolling out bitcoin payments within the next 3 months. The cryptocurrency industry has also been making progress in the issuance of cards as well. For example, Binance announced recently that its payment card, Binance card, will be coming to Europe in the next year. On the Europe front, Nike NKE has shown a developing interest in blockchain rewards. Last last year Nike patented CryptoKicks—tokenized shoes on the ethereum blockchain—and partnered with Plutus to offer cryptocurrency rewards on Nike product purchases. Bitcoin leaving exchanges on record numbers In the last 2 months, a record number of bitcoins was removed from exchanges. Some investors transferred to cold wallets, others to DeFi, as a means of funding peer-to-peer loans (P2Ps), and earn interest on crypto—much higher than bank interest. However, some exchanges are receiving an uptick in deposits. This could be due to a combination of: Security concerns: Over the years, several well-known crypto exchanges have been hacked (Mt Gox, Bitfinex, Upbit, etc). This means that there is an inherent risk of storing bitcoins on exchanges—many investors opting to store their bitcoins on cold wallets. Government intervention: The risk of governments initiating bans and confiscating bitcoins due to global economic uncertainty. The rise of DeFi: In the first part of 2020, the value of locked-up DeFi protocols increased from $1 billion to $4 billion, and a new concept known as yield farming was primarily responsible. _*_ There already have been some negative reviews but with the Europe Users getting their first card is it worth the investment ? Would it be able to stay for the long haul in the economy? What we are seeing right now is the integration of the cryptocurrencies in the mere essential like *debit cards*, do you think we will be able to make a statement with this step? Or is the negative past of the company going to stop the users from taking a step forward. ? _*_ I do think it a leap that we see , sooner or later crypto market might normalize and be used everywhere. |
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If resolve scam accusations and also see to this fresh scam accusation thread i will apply. Note: Any participants who advertise this project without them resolving the scam maybe tagged by DT guys dont ignore that.Negging for supporting a service which is not maintaining their reputation on this community is no more in practice AFAIK. But, plenty of chances for getting blacklisted by reputed managers from their future campaigns. There will be no surprises if both will be happening here  . You would be incorrect on your assumption. There are plenty ready to tag a company and participants with a terrible reputation if they are not putting in a real effort to fix their past. I am watching this thread closely, anyone who has applied here and wears the sig will be blacklisted. - -9 Trust- Trying to ignore the existing users who actually tried to reach you guys - spelling *ounties* instead of bounties - Newbie account with 13 activities ( thanks for correcting me) Makes me wonder why you guys started the project in a hurry ? You did not even try and recheck the spelling error . _*_ The whole idea of signature Campaign is to advertise the good companies so that more people can actually reach out for them , the fact that you guys are not even listening to your previous problems will essentially already put out a bad reputation for you . I do hope the company can resolve the issue. Plus you yourself have -9 trust and you are trying to get people without negative trust ?? See this is funny . COVID-19 is hard enough for everyone , everyone is saving pennies , therefore if someone does decide to support this Campaign it would mean they are supporting scam and such . I do believe you guys and work out your issues and then when the site has a green light maybe see how it goes ? Best regards for people who got scammed and for the company too only if they decide to solve it. |
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Okay so everyone is saying how negative it can be and can never work with decentralization. My take on this: What the author necessarily meant was if facial recognition does become an important part of logging in your Twitter ID or any social media ID , this way these scams can be prevented to an extent. Facial recognition is really safe and super hard to copy. ( Not entirely impossible but yes super hard. ) -*- I do think one cannot always enforce the facial recognition regarding the transactions , no one will actually use it. BUT: I do think one can also step up and just add their own fingerprint while dealing with logging in issues and such , this technology is already in work and can be made mandatory . This would be effective and would not need any more time to get into the lane. At the same time there are silicon masks plus lenses that can fully copy facial recognition. Through a course of experiments, researchers from Tencent Security's Zuanwu Lab in China determined that the ability for facial recognition technology, such as Apple's FaceID, to reliably authenticate that the actual user is not only present but conscious or even alive can be faked |
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