With the recent attack in Paris, many questioned 'again' where the hell those terrorist got their funds. Hidden agenda or secret talks? Some people already know the hidden truth about it* and bitcoin already part of their sources. Basically, because bitcoin transaction is as light as feather, it's really making hard to be accepted worldwide. What can you say about this? Are there miners in the part of Syria controlled by IS? Nobody noticed, but BTC isn't a source of funding. It's a currency, and it doesn't grow on trees. IS has oil which it can sell on the black market to generate an income, but if IS has a way to make an income from BTC, I don't know what it is. I'd like to know so I can do it, too.
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You don't need any special software, and you don't need a location either. Just have a nice website to begin with, all you need is BTC address. You tell your customers you request a 30% down payment to begin the job, and off you go. Tax? Regulations? If everything is immaterial, you can start your business without worrying about that.
This is not a good suggestion, i'm trying to form the company legally All right, as you like. So you set up a normal company respecting all current regulations where you are (you should find information at your local chamber of commerce) and when there's a customer willing to pay with BTC, you instantly go to an exchange to convert them into your local fiat.
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Let's not underestimate IS. Defeating it will require sending troops to Syria. Many soldiers, and I'm still waiting for that. The whole world is waiting. Will France be the first to send troops on the ground. Obama and Putin both said they don't want to do that, I'm afraid they will soon have no other choice.
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Oh, what an easy one! Look how brave I am! I'm having a beer in a public place!
If France wants to defeat IS, it will need people much braver than that. How many of those beer drinkers are ready to fight? Ready to kill? Ready to die? IS fighters are ready for anything, and that makes them strong.
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Poor hunters. They're not smart enough to catch Apple, Google and all the big firms which are the largest tax evaders in the world, so they go after the small fish. Long live cash! Long live BTC!
There's a lesson here. If you're small, or slow, or dumb, you'll end up in a trap.
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I read French, and French media say the terrorists were speaking French. That doesn't surprise me. France has a huge number of Arabs who immigrated 30 or 50 years ago. Their children are officially French, with French IDs but they have foreign minds. They just don't belong to their birthplace.
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Will ask for permission before profiling people? That's the trouble with the blockchain, since anyone can access it, guys with fascist minds and lots of spare time (they're losers) will use it to look for things they regard as suspicious. Simple BTC users will need to have several wallets and use many addresses to minimize their abilities.
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I wouldn't say mining is for the rich. I'd rather say it's for people who have quite a lot of money to begin with, that's for sure, but those people must also be willing to take risks, and accept a low return on investment for the foreseeable future. If BTC goes down again to say, $200, mining will be a terrible way to generate an income.
I define "the rich" as "people who have quite a lot of money to begin with." How do you define them...? Yes, that's right, but my point is that being rich is only one side of the equation. Mining belongs to risk-takers. And since you have to invest quite a lot of money to be a successful miner, it means taking a pretty large risk. There are many rick people, but very few get into mining.
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Do you have a business plan? Get one fast if you don't. Very precise, with all details regarding your future activity, and many numbers to make investors salivate. Don't forget to include a short bio of yourself, and everybody else involved in the project. When that is done, you may knock at the dorr of business angels.
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You don't need any special software, and you don't need a location either. Just have a nice website to begin with, all you need is BTC address. You tell your customers you request a 30% down payment to begin the job, and off you go. Tax? Regulations? If everything is immaterial, you can start your business without worrying about that.
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I wouldn't say mining is for the rich. I'd rather say it's for people who have quite a lot of money to begin with, that's for sure, but those people must also be willing to take risks, and accept a low return on investment for the foreseeable future. If BTC goes down again to say, $200, mining will be a terrible way to generate an income.
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If Catalonia wants to be independent, there should be a large majority of Catalans supporting independence but we haven't seen that so far. In the election last September, it was only 48% of the people who voted for politicians in favor of independence. Not enough, especially on such a difficult decision. Only a 60% majority would be acceptable.
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If your name says where you are, it won't be easy. I guess there isn't a single exchange in Ivory Coast. Bitpesa is probably your only choice, but I don't know their terms. You may also try Kraken but I don't know if they could wire money to an African bank account, nor how much they would charge for this service. Better think local, and look people interested in BTC around you.
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I guess I'm an older guy here, and as such, I will never do anything financial on a touchscreen. I've been banking online for more than 10 years, but always at home, with a keyboard. Doing it otherwise just spells trouble. Don't do it, and you'll be safe.
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Yes, we know that. it's an old idea. In the nineties (possibly in the 80's, too), they were computer games with some e-tokens in it. It was only Monopoly money, but quite many people had thought of an electronic currency which could freely exchanged. But it took a few years for someone to turn it into reality.
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Boom More noise and storm in Europe.It is serious,specially now during election time in Spain
If Cataloniawill separate from Spain whatever way,than Spain will be bankrupt,Catalonia is richeast area in Spain
Any EU money will not be able to keep Spain away from be bankruptcy
I expect the exact opposite. Catalonia will go bankrupt, while Spain will survive with EU money. The money will stay in Spain. Caixa and Sabadell, 2 large banks are based in Cat, but they will have to move their headquarters to Madrid, otherwise, they shall loose their Spanish banking license, that is the right to do business in Spain, if they suddenly find themselves based in a foreign country. Besides no Spanish bank would be able to survive long without access to money from the ECB, which a bank in Catalonia would not be able to get.
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It's unofficial, but Putin has acknowledged it's a bomb by cancelling all Russian flights to Egypt besides empty planes to bring back Russians still out there. I'm waiting to see what he will do next.
I feel sorry for Egypt. Not long ago, I recommended buying a apartment in Hurghada as an investment. There will be even more opportunities, now. Only, for Arabs, though.
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more questions?
Yes, do you seriously expect to raise money with this topic, as a newbie, with a username of "Financial genius"? I suggest to go to a bank, and tell them that you want to start a business. They shall help you understanding how to get the confidence of investors. I'd say it's a bit more difficult than you think.
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The bitcoin ledger, by comparison, is just a glorified list of liabilities, keeping track of where the bitcoins are located.
I'd rather say it's a great, positive list of assets. The value of those assets is far from fixed, that's a fact, but there isn't a single liability in the blockchain, nor in BTC. No credit, no debit, only assets. The journalist has also chosen a wrong word when he used "located". I guess the guy's not very familiar with BTC. There's no balance sheet in BTC, but this is precisely what makes it great.
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Yes, BTC is very democratic. Anyone can get a wallet, and all wallets are equal. This is better than banks. Some people cannot open a bank account because they've been through a bankruptcy, or there's a court order against their belongings. And equality doesn't exist with banks. The blue collar worker doesn't have the same account, nor the same bank than a surgeon.
Wealth transfer? What are you talking about? I haven't seen any of that.
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