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Boris Titov, the leader of Russia’s Party of Growth, has called for Russia to legalize cryptocurrencies like bitcoin and become a leader in blockchain development. Titov, also a businessman, and bitcoin advocate, has proposed the creation of a region in the Crimea similar to the “kriptodoliny” (Cryptovalley) in Zug, Switzerland for funding cryptocurrency and blockchain organizations.
Switzerland’s “Crypto-Valley” based in Zug is home to a number of bitcoin and blockchain startups supported by the Crypto Valley Association. The association supports industry startups through policy recommendations, organizing conferences and hackathons, enabling researching programs and more.
Titov has also said Russia can take advantage of its difficult economic situation to embrace blockchain technology as a way to become a very profitable country. The country should create opportunities for foreign investors to invest in bitcoin by removing restrictions on such investments, he said, and the country can use blockchain to develop its economy.
What do you think about Titov’s Bitcoin & Blockchain Tech ideas and proposals for Russia?
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Bitcoin trading volumes in Saudi Arabia via peer-to-peer trading platform LocalBitcoins have never been higher. For the first time, trading volumes topped USD $100k in bitcoin traded over a week through the decentralized platform. According to data from Coin.Dance, trading volumes last week soared nearly 3x compared to the previous week, with over SAR400,000 in bitcoin traded during the week ending on April 15, a new all-time high. More details below: https://www.cryptocoinsnews.com/saudi-bitcoin-localbitcoins-all-time-high/Do you agree that Bitcoin will become popular in the Middle East soon? |
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The Smart Dubai Office, a government-backed initiative has partnered a FinTech specialist firm to implement a citywide payments platform based on blockchain technology. The government initiative has entered a memorandum of understanding with FinTech consulting and development firm Avanza Solutions. Avanza’s proprietary blockchain ‘Cipher’ is the chosen platform selected by the smart city initiative. Smart Dubai Office plans to roll out Cipher across all its existing 38 partner government entities, partner financial institutions and Departments to set up the first blockchain based building block within its financial plumbing. Details from Cipher’s webpage reveals the platform’s adaptability to both public and permissioned blockchain networks with the implementation of smart contracts through the open-source HyperLedger & public blockchain Ethereum platforms. IBM’s Bluemix and Microsoft’s Azure BaaS are also listed. More information below: https://www.cryptocoinsnews.com/dubai-government-greenlights-citywide-blockchain-payments-system/How do you think this will impact Blockchain Technology adoption in the middle east? |
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Unfortunately, it appears things are even worse in India right now, with over 90% of the country’s ATMs running dry. Ever since the Indian government began their demonetization efforts, things have gotten out of hand quickly. Late last year, the country’s bank ATMs were on the brink of running dry. The first time happened due to the change from old banknotes to new ones. However, this new debacle is due to a delay in software upgrades. More information below: http://www.newsbtc.com/2017/04/17/indias-bank-atms-running-cash-new-banknote-software-upgrades-still-not-completed/It is evident that access to cash remains a big problem in India, do you think Bitcoin could be part of the solution? |
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There are many discussions about which coin is your favorite (mining included) and so on. However, not so many on actually which digital assets (which gives you frequent steady dividends) are the best to buy right now.
We all know altcoins price might go up and down, thus having a share or monthly dividend is also wise as passive income for example.
Given the fact that almost everyday a new digital asset is created, it would be quite interesting to know which digital asset (which pays steady dividends) you are currently supporting, for how long have you had it, and why are you supporting them.
This will greatly generate insights to new adopters, including regular traders as well as investors and help them get into the new possibilities of the booming digital asset investment.
Please feel free to share your experiences and intuitions on this thread
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KIBO is a new unique project of the decentralized lottery. It will use blockchain Ethereum and will be based on its smart-contracts. The clearness and transparency of lottery draw and the immediate reward payouts, the purchase of lottery tickets, game conditions - this all is laid in a smart-contract, the conditions of which will not be changed. Ethereum as a platform for the decentralized lottery has been chosen because of the possibility of using smart-contracts and thanks to the sufficient scalability of the network, which is able to process sufficient number of transactions per second. Developers hope that this will allow to serve around 50 million clients. Five months have passed since the ICO of KIBO Lotto was finished. Now KIBO announced that the platform will be launched in stages. On the 27th of April KIBO will publish the detailed information on the conditions and date of the beta version’s launch. The beta’s launch is tentatively scheduled for the beginning of May. See more detailed information below: https://cointelegraph.com/press-releases/kibo-platforms-beta-version-be-launched-in-the-beginning-of-mayhttps://kiboplatform.net/en/landing.htmlWould you buy Kibo LOTTO just to play, or rather to invest in it? |
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Italy is known for many things such as exquisite food, landscapes, art, science, technology and luxurious cars among other things. Despite the fact that there are only around 10 Bitcoin ATMs (or BTMs) considering how many Bitcoin machines you can find elsewhere, this mediterranean country is gaining a lot of interest and momentum around Bitcoin and digital currencies. There are a wide range of online shops that accept Bitcoin and altcoins payments but only a few of them are Italian-based. One of those is called My Btc Store, something similar to Ebay because it allows people to buy and sell items with Bitcoin, litecoin and dash. It is 100 percent Italian and fees are as low as 0.001 percent.
Inbitcoin is the first Italian company to allow merchants accepting Bitcoin in their store, both for B2B and B2C activities. Inbitcoin mainly operates in Trento, Rovereto, Pordenone and Milan but also works with innovative companies based in England, Luxemburg, Malta and Holland. Based in Rome for the greatest part, Blockchain Education Network Italia is an Italian association that aims at spreading the word of Blockchain technology through meetups, conferences and the development of new projects and startups based on the distributed ledger. It was born back in 2014 and now has more than 200+ associated within the whole country.
BlockchainLAB based in Milan and launched last year is the first entrepreneurial effort that brings together the best experts on the Blockchain in an Italian center of excellence dedicated to research. BlockchainLab members include entrepreneurs and developers that work on their own startups and companies as well, including Ethernity Wall, GreenAddress, HelperBit, HolyTransaction and more. Earlier last year the first master class about cryptocurrencies was held in Bari, organized by the Bitcoin foundation Puglia and the local Università degli studi Aldo Moro, south Italy. This foundation was created last year thanks to a few Bitcoin enthusiasts including, among the others, Giuseppe Grisorio and Alessandro Ricciuti.
Would you spend your Bitcoins in a foreign country like Italy during your vacation?
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Many countries have demonstrated their willingness/friendliness , whether on behalf of the population, the government or both, to embrace Bitcoin’s innovative technology.
For example, The Netherlands has its own “Bitcoin City” i.e. Arnhem with over 100 merchants. Here, a Bitcoiner could probably get everything he wants including gas, accommodation, bicycles, and even dental services. You can even find a Bitcoin Embassy in the heart of Amsterdam. Moreover, they have their own digital currency called Gulden. Another well known Bitcoin friendly location is called the cryptovalley (Zug) in Switzerland, where you can easily pay government public services and train tickets using Bitcoin.
Moreover, the small baltic nation of Estonia not only has a history of jumping on the latest technological innovation, but its tech-friendly government seems willing to implement innovations like blockchain technology for healthcare, banking services and even governance by allowing its citizens to become “e-Residents.” This service also gives Estonian citizens and businesses digital authentication. It was also one of the first to use a blockchain-based e-voting service that enables people to become shareholders of Nasdaq’s Tallinn Stock Exchange.
Which country do you think is leading the Bitcoin mass adoption & most BTC friendly and why?
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With the mainstream adoption of Bitcoin in Japan and the subsequent acceptance of the cryptocurrency by several Japanese stores, Bitcoin has responded by its most recent surge in price, rising significantly above the $1,200 mark in the process.
Some even believe that governments are driving demand in Bitcoin whether they know it or not.
For instance, China and India represent a significant portion of the world's population and each has a rapidly growing middle and wealthy classes. Both of these countries are also experiencing turmoil with government imposed capital controls, so the importance of Bitcoin is much more apparent to its citizens as opposed to North America, for example.
On the other hand, India has less trust for banks than many other nations so some are experimenting with Bitcoin instead. In addition to this, Japan has chosen to regulate Bitcoin exchanges which means traditional financial instructions are now able to offer Bitcoin to their clients bringing in more demand. Whereas, China has decided to implant tougher regulations on Chinese exchanges driving a huge spike in the peer to peer Bitcoin market in China and eventually more trust in the exchanges when they allow withdrawals again.
Another important factor identified for the Asian dominance in Bitcoin is the fact that Asian countries, Japan, in particular, have always been ahead of the curve with mainstream adoption of new technology.
Cell phones, mobile gaming and mobile payments all gained popularity in Asia years before Europe and the US. It seems that Bitcoin is following a similar trajectory.
Do you agree that Japan is leading Bitcoin mass adoption?
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Since the beginning of 2017 bitcoin traders have been focused on the ongoing developments between China’s central bank and bitcoin exchanges residing within the country.
Over the past two months, withdrawals have been suspended across nearly every major Chinese bitcoin trading platform with no word on when suspensions will be lifted.
For now, over-the-counter markets and Localbitcoins trades are the only options for big cryptocurrency traders in China, while the entire world wonders when Chinese exchanges
will resume withdrawals.
When do you think chinese exchanges will resume withdrawals?
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An initial coin offering to fund Chandler Guo’s mining operation that would have signaled support for Bitcoin Unlimited has been called off.
According to reports, the EXX/XBTC ICO for the largest global project in Ethereum Classic history is being terminated due to its inability to achieve the set target as only about 16.47 percent of the set-out target was reached.
As a result, all the funds that have been generated so far (about ￥33 mln) will be returned to senders’ original accounts.
This comes after the second stage of the ICO that started March 9 and ended on April 8.
Do you think this is good news for Segwit and Bitcoin?
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The European Union's central bank today once again shot down the idea that it might use distributed ledger tech as part of its market infrastructure in the near future.
Published alongside the latest annual report from the European Central Bank, released on tuesday, was a feature on the tech. While largely written in broad strokes, the paper reiterates a position expressed in the past by ECB officials – namely, that the central bank isn't likely to tap distributed ledgers in the near future.
Do you think eurozone central banking should embrace distributed ledger technology?
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Mining manufacturer Bitmain has announced new litecoin hardware it is aiming to ship in July.
The China-based company listed the Antminer L3+ miner on its website yesterday, claiming that it will be the most powerful and efficient of its kind on the market. Published specifications indicate that the miner operates at a peak hash rate of 504 megahashes per second (MH/s), while consuming 1.6 Joules per Megahash (J/MH). The starting price is $1,370.
Notably, Bitmain international sales VP Gadi Glikberg said that new demand for litecoin, which has seen its price skyrocket in recent days, led the company to announce the miner.
What is your experience mining Litecoin?
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Kraken is pleased to announce support for Dash (DASH). Dash is the fourth most valuable digital asset by market cap and recently experienced a huge surge in price (6x gain) and trading volume (10x gain).
Dash has one of the fastest growing peer-to-peer networks and supports both “private” and “instant” payments. The open source Dash protocol is self-funded and self-governed, meaning that the Dash network funds its own development and anyone can present their idea to the network.
Dash coin supply is limited to 22 million, with the current available supply at the time of writing around 7.22 million.
Would you trade DASH in Kraken exchange?
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A university professor has launched a new academic journal dedicated to research focusing on the blockchain technology, making it the first to do so. Founder and editor of the Ledger journal is Chris Wilmer, University of Pittsburgh Assistant Professor of Chemistry, who decided to launch the academic journal after seeing that there was no place for people passionate about the technology to publish their research. With the first issue of Ledger published last month, it focuses on economics, finance, law, math, cryptocurrency, and engineering. More information below: http://wesa.fm/post/ledger-becomes-first-academic-journal-dedicated-blockchain-technology-behind-bitcoin#stream/0The journal is RIGHT HERE:
http://ledgerjournal.org/ojs/index.php/ledgerSomething cooler than this? nnnnooo....would you read it? |
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A bitcoin-related bill in New Hampshire (USA) which exempts persons using virtual currency from registering as money transmitters in New Hampshire drew significant support during a commerce committee hearing. If approved, House Bill 436 will allow companies to operate without having to follow strict KYC and AML restrictions. The bill, sponsored by Rep. Barbara Biggie and co-sponsored by Reps. Keith Ammon and John Hunt, passed the state house of representatives last month.
Any thoughts on this, will this support innovation?
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Smartillions is an association of Swiss fintech advisors for large cryptocurrency transactions and blockchain investment strategies. The smartillions cryptocurrency lab designed the world's first watch with LTE phone and cryptocurrency safe.
Smartillions claims also to be the world's first organisation to introduce commodity-backed cryptocurrencies that combine the security of an asset with the flexiblity of an online currency. Smartillions assists companies who wish to release their own cryptocurrency and introduced the world's first dispute resolution through a Swiss crypto arbitration court. Other services developed by smartillions include diamond-backed currencies, asset-backed currencies for time-related billing, artificial intelligence applications for smart contracts in combination with automated currency transactions and the development of a high-security facility for the integration of crypto security chips in devices of Swiss watchmakers and other device manufacturers. For more information please read below: https://www.smartillions.ch/
Would you store and trade digital currencies in your swiss watch? |
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Every trader has a favorite way to keep track of his/her own portfolio, and a best way to follow, analyze and interact with real time prices and statistics of Bitcoin and altcoins.
Whereas, some prefer complex visualization and control platforms such as Coinigy, others just play simple with cryptocompare and coinmarketcap tools, to keep their digital portfolio and trades under control.
On the other hand some prefer Poloniex and Bittrex, while others go to decentralized exchanges like Openledger and Bitshares.
What is favorite route and daily trading tool for Bitcoin and altcoins, where do you keep track of your digital asset portfolio, what do you recommend?
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Tau Chain is a decentralized peer-to-peer network that claims Ethereum’s Turing completeness is the wrong direction as it is undecidable logic and missing an intricate part: proof of language. Tau is a general programming language that can express anything a computer can do. Hence, it is possible to implement any software with it. But it is the first programming language that has built-in P2P and blockchain: it is not only a standalone language, but can function collaboratively while remote computers are able to synchronize in a trustless way, thanks to the blockchain builtins (over a unified Tau Chain), and thanks to DHT builtins they are able to share data that's trustless. The entire Bitcoin protocol could easily be implemented on Tau, with the same rules. The protocols defined in Tau can depend on state external to Tau, so this would allow some interoperability with Bitcoin. However, for something on the Tau network to communicate directly with the Bitcoin network, it would require something like the aforementioned bridge, to translate between the Bitcoin message formats and Tau's linked data representations. Agoras is an application over Tau, being first and foremost a smart currency. It will allow smart contracts, but rather too-”smart” contracts like the bank hands you, it allows meaningful contracts only – contracts that you can know their consequences beforehand. That thanks to the decidability of Tau-Chain's language. Agoras will support true peer-to-peer contracts too: business that don't need a public arena to take place, can take place between two Agoras clients. In layman's terms, Tau is something like a "facebook" or "twitter" where users can work together in groups to change how the service itself works and what it offers. It does this in a way that doesn't rely on any single company as a provider and that never implicitly puts your rights or privacy at risk.More details here: https://cointelegraph.com/news/tau-chain-a-decentralized-app-store-with-greater-flexibility-than-ethereumhttp://www.idni.org/
Do you agree Tauchain could be the next revolution after Bitcoin & Ethereum? |
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When will you start accepting Bitcoin in your store?
If you are entrepreneur, a business owner or you just have an online shope, chances are you can increase your sales by 15% while increasing your security,
if you start accepting Bitcoin and other digital currencies as a form of payment. There are many ways to do this, depending on your country of residence.
You can use either BitPay, CoinPayments, Coinify or BLOCKPAY among others.
Which one do you prefer, and why?
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