Chase
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October 09, 2015, 12:05:08 AM |
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Mastercard vs. Bitcoin (Round 6 or 7, who knows??) Mastercard may have a new and friendlier face for this battle, but the facts just don't add up. "Cairns said digital currency will certainly be part of the ecosystem. "I mean you already have them in various countries around the world, Mint in Canada for instance - that's a regulated currency." No, it's not. First of all, it was called MintChip, and secondly, it never progressed past the development stage. The program was cancelled in April, 2014 after two years of trying (government style - lol) to make it work. Here's a good one: "Cairns pointed out to IBTimes that there isn't a "considerable amount of fraud" on credit card transactions. "It's a very low percentage," she said. "But you want to get it to be absolutely minimal." Seriously?? There may be only a small number of massive credit card fraud cases like the one committed on Target, but that is not the only kind of fraud that occurs with credit cards. According to the 2014 Cybersource Fraud Benchmark Report, 60% of chargebacks are disputed by merchants. Some merchants don't bother, because they don't have the time to fight it. Care to guess how many of those chargebacks are customers committing fraud by denying that they received the purchase, or that it was 'broken', etc? Fraud is fraud. There is probably more fuzzy facts in this article. These two just grabbed my attention. MasterCard talks tokenisation, Bitcoin and biometricshttp://www.ibtimes.co.uk/mastercard-talks-tokenisation-bitcoin-biometrics-1522674
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DNotes (OP)
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October 09, 2015, 12:32:37 AM |
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Mastercard vs. Bitcoin (Round 6 or 7, who knows??) Mastercard may have a new and friendlier face for this battle, but the facts just don't add up. "Cairns said digital currency will certainly be part of the ecosystem. "I mean you already have them in various countries around the world, Mint in Canada for instance - that's a regulated currency." No, it's not. First of all, it was called MintChip, and secondly, it never progressed past the development stage. The program was cancelled in April, 2014 after two years of trying (government style - lol) to make it work. Here's a good one: "Cairns pointed out to IBTimes that there isn't a "considerable amount of fraud" on credit card transactions. "It's a very low percentage," she said. "But you want to get it to be absolutely minimal." Seriously?? There may be only a small number of massive credit card fraud cases like the one committed on Target, but that is not the only kind of fraud that occurs with credit cards. According to the 2014 Cybersource Fraud Benchmark Report, 60% of chargebacks are disputed by merchants. Some merchants don't bother, because they don't have the time to fight it. Care to guess how many of those chargebacks are customers committing fraud by denying that they received the purchase, or that it was 'broken', etc? Fraud is fraud. There is probably more fuzzy facts in this article. These two just grabbed my attention. MasterCard talks tokenisation, Bitcoin and biometricshttp://www.ibtimes.co.uk/mastercard-talks-tokenisation-bitcoin-biometrics-1522674I think the bottom line is that just about anything available in the card network will/can also be available for the cryptocurrency networks. I know they are trying to improve technology and reduce fraud, they have been for years, but I feel like they need to look more closely at the potential of cryptocurrency. It could lighten the security load, reduce fraud, provide more consumer protections, and reduce overall fees.
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kanus1113
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October 09, 2015, 01:19:33 AM |
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Keep up the good work guys. Another great article. I see traffic is still growing, down to 187k on US alexa rank.
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IMZ
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October 09, 2015, 06:40:38 AM Last edit: October 09, 2015, 06:54:17 AM by IMZ |
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Australian Bitcoin-Exchange Closures ‘A whole bunch of stuff is slightly untrue in really important ways.’ Ian Ridgwell “Two pioneering Australian fintech companies were off and running on Wednesday under the pleased eye of trumpeter of innovation and Prime Minister, Malcolm Turnbull.” http://www.afr.com/technology/malcolm-turnbull-on-hand-as-new-ipo-investment-app-launches-20151007-gk3ci5Storm in a teacup . . . almost. The Reuters article is not very accurate. The attack is real, but exchanges aren’t being closed so much as having to scramble for every fewer accommodating banks. There’s very very little discussion or awareness of what’s going on. The overall situation remains one of agitation, but far from wholly negative – for example, three of the banks involved in the closures are trialing cryptos, and check the article referenced above. Interestingly, campers, what Ian and I found ourselves eager to say is: Australians are lost and exhausted deep in a postmodern maze of corporate gobbledee talk and leave-a-message-after-the-beep and debt-fueled-affluence time-poverty. What this will ultimately mean for cryptos we don’t know, but we agree that great efforts must be made to ease the way for The 99%. Mark
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Dyna
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October 09, 2015, 01:07:17 PM |
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Australian Bitcoin-Exchange Closures ‘A whole bunch of stuff is slightly untrue in really important ways.’ Ian Ridgwell “Two pioneering Australian fintech companies were off and running on Wednesday under the pleased eye of trumpeter of innovation and Prime Minister, Malcolm Turnbull.” http://www.afr.com/technology/malcolm-turnbull-on-hand-as-new-ipo-investment-app-launches-20151007-gk3ci5Storm in a teacup . . . almost. The Reuters article is not very accurate. The attack is real, but exchanges aren’t being closed so much as having to scramble for every fewer accommodating banks. There’s very very little discussion or awareness of what’s going on. The overall situation remains one of agitation, but far from wholly negative – for example, three of the banks involved in the closures are trialing cryptos, and check the article referenced above. Interestingly, campers, what Ian and I found ourselves eager to say is: Australians are lost and exhausted deep in a postmodern maze of corporate gobbledee talk and leave-a-message-after-the-beep and debt-fueled-affluence time-poverty. What this will ultimately mean for cryptos we don’t know, but we agree that great efforts must be made to ease the way for The 99%. Mark Thanks, for the post, Mark. Very informative. DNotes has a clear vision right from the "get-go" that we must build a trusted brand, if the currency were to have sustainable value. Time is on our side, as long as we stay the course; demonstrating absolute integrity and trustworthiness. We must plan our destiny and govern our destiny. Only with that can we remain with a high level of confidence that DNotes will one day be the trusted global digital currency for everyone worldwide. DNotes is the only digital currency with its own ecosystem being built block by block and 100% funded by some of its stakeholders. This is no small undertaking in terms of cost or efforts, but, without a doubt, the right thing to do for the best interest of all our stakeholders and our industry. We recognize that our world is not perfect and will never be. There will always be the inherent tendency to protect one's own self-interest before others; occasionally at the cost of others. Banks and credit/debit card companies are the incumbents that will be most seriously disrupted by Bitcoin and other digital currencies like DNotes. They are now reacting, out of fears, and pushing back. Over the long term, that will hurt them more than help them. I am glad that you confirm the fact that, "The attack is real, but exchanges aren’t being closed so much as having to scramble for every fewer accommodating banks." We believe that there will always be some "smart banks", just like, there will always be some "good guys." Those could be our best friends and we are on a mission to find them. If all failed, we will be our own bank. We govern our own destiny; hence all that extra efforts and costs to ensure that we are building a complete system that can collaborate or be self-sustaining by itself.
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DNotes (OP)
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October 09, 2015, 02:27:06 PM |
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Trying out a new article format on DCEBrief and would like to hear everyone's comments. The idea is to cover the most important news of the week. I think it would be a good way to cover more important topics, while we ramp up DCEBrief. Bitcoin Weekly Recap 10-9-2015http://dcebrief.com/bitcoin-weekly-recap-10-9-2015/We will also have one for blockchain and digital currency as a whole.
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TeeGee
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October 09, 2015, 02:52:45 PM |
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Trying out a new article format on DCEBrief and would like to hear everyone's comments. The idea is to cover the most important news of the week. I think it would be a good way to cover more important topics, while we ramp up DCEBrief. Bitcoin Weekly Recap 10-9-2015http://dcebrief.com/bitcoin-weekly-recap-10-9-2015/We will also have one for blockchain and digital currency as a whole. I really like that format. It's great to have a weekly roundup for people that don't want to check each day to see who has said what about crypto in the last week. I like that the articles for the most part are 'informational' rather than just news, people walk away having learned something. This is sometimes combined with news pieces, so it isn't just straight reporting as such.
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Dyna
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October 09, 2015, 03:06:37 PM |
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Trying out a new article format on DCEBrief and would like to hear everyone's comments. The idea is to cover the most important news of the week. I think it would be a good way to cover more important topics, while we ramp up DCEBrief. Bitcoin Weekly Recap 10-9-2015http://dcebrief.com/bitcoin-weekly-recap-10-9-2015/We will also have one for blockchain and digital currency as a whole. I really like that format. It's great to have a weekly roundup for people that don't want to check each day to see who has said what about crypto in the last week. I like that the articles for the most part are 'informational' rather than just news, people walk away having learned something. This is sometimes combined with news pieces, so it isn't just straight reporting as such. Fantastic! How about that - it is of great value to me personally too, because I no longer have the time to read every industry article. This is perfect, and as always, Ken did an outstanding job. Keep that up Ken and it will be my must visit site for Executive Briefing!!!
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Bergman
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October 09, 2015, 05:05:29 PM |
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Trying out a new article format on DCEBrief and would like to hear everyone's comments. The idea is to cover the most important news of the week. I think it would be a good way to cover more important topics, while we ramp up DCEBrief. Bitcoin Weekly Recap 10-9-2015http://dcebrief.com/bitcoin-weekly-recap-10-9-2015/We will also have one for blockchain and digital currency as a whole. I really like that format. It's great to have a weekly roundup for people that don't want to check each day to see who has said what about crypto in the last week. I like that the articles for the most part are 'informational' rather than just news, people walk away having learned something. This is sometimes combined with news pieces, so it isn't just straight reporting as such. Fantastic! How about that - it is of great value to me personally too, because I no longer have the time to read every industry article. This is perfect, and as always, Ken did an outstanding job. Keep that up Ken and it will be my must visit site for Executive Briefing!!! This will be a great resource for me. I would recommend something like a price breakdown as well.
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KC
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October 09, 2015, 09:07:44 PM |
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Trying out a new article format on DCEBrief and would like to hear everyone's comments. The idea is to cover the most important news of the week. I think it would be a good way to cover more important topics, while we ramp up DCEBrief. Bitcoin Weekly Recap 10-9-2015http://dcebrief.com/bitcoin-weekly-recap-10-9-2015/We will also have one for blockchain and digital currency as a whole. I really like that format. It's great to have a weekly roundup for people that don't want to check each day to see who has said what about crypto in the last week. I like that the articles for the most part are 'informational' rather than just news, people walk away having learned something. This is sometimes combined with news pieces, so it isn't just straight reporting as such. Fantastic! How about that - it is of great value to me personally too, because I no longer have the time to read every industry article. This is perfect, and as always, Ken did an outstanding job. Keep that up Ken and it will be my must visit site for Executive Briefing!!! Probably a good thing that we played it straight then. So much for my idea of doing a Daily Show version of the news...
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DNotes (OP)
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October 09, 2015, 11:28:41 PM |
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Trying out a new article format on DCEBrief and would like to hear everyone's comments. The idea is to cover the most important news of the week. I think it would be a good way to cover more important topics, while we ramp up DCEBrief. Bitcoin Weekly Recap 10-9-2015http://dcebrief.com/bitcoin-weekly-recap-10-9-2015/We will also have one for blockchain and digital currency as a whole. I really like that format. It's great to have a weekly roundup for people that don't want to check each day to see who has said what about crypto in the last week. I like that the articles for the most part are 'informational' rather than just news, people walk away having learned something. This is sometimes combined with news pieces, so it isn't just straight reporting as such. Fantastic! How about that - it is of great value to me personally too, because I no longer have the time to read every industry article. This is perfect, and as always, Ken did an outstanding job. Keep that up Ken and it will be my must visit site for Executive Briefing!!! Probably a good thing that we played it straight then. So much for my idea of doing a Daily Show version of the news... Probably, though a daily show version would have been fun. We won't likely has as many items for the blockchain and digital currency versions, but I'm sure they should be great as well. Not having much luck creating the social media flyer design as of yet. Soon as I do, I will be ready to launch the campaign.
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Dyna
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October 10, 2015, 12:53:28 AM Last edit: October 10, 2015, 02:24:08 AM by Dyna |
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Trying out a new article format on DCEBrief and would like to hear everyone's comments. The idea is to cover the most important news of the week. I think it would be a good way to cover more important topics, while we ramp up DCEBrief. Bitcoin Weekly Recap 10-9-2015http://dcebrief.com/bitcoin-weekly-recap-10-9-2015/We will also have one for blockchain and digital currency as a whole. I really like that format. It's great to have a weekly roundup for people that don't want to check each day to see who has said what about crypto in the last week. I like that the articles for the most part are 'informational' rather than just news, people walk away having learned something. This is sometimes combined with news pieces, so it isn't just straight reporting as such. Fantastic! How about that - it is of great value to me personally too, because I no longer have the time to read every industry article. This is perfect, and as always, Ken did an outstanding job. Keep that up Ken and it will be my must visit site for Executive Briefing!!! Probably a good thing that we played it straight then. So much for my idea of doing a Daily Show version of the news... Probably, though a daily show version would have been fun. We won't likely has as many items for the blockchain and digital currency versions, but I'm sure they should be great as well. Not having much luck creating the social media flyer design as of yet. Soon as I do, I will be ready to launch the campaign. It makes sense to let publications in our industry, that are better positioned, to report on daily news, though I wished that some of the reporting is more positive, accurate and unbiased. Our team of writers at DCEBrief has already been doing a super job. At times we may want to focus on a specific issue or area, and write a series of articles on that. A good one to start off could be education and students with mention of the importance of savings for education and the significant of CRISP For Students, as well as preparing students for our industry growing demand and opportunities for high paying jobs.
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DNotes (OP)
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October 10, 2015, 04:56:04 AM |
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KC
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October 10, 2015, 05:15:14 AM |
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A nice find, and a very good summation of the Press Release. Nice to see. You evidently use your internet search time in a much more efficient manner than I do... my haul today has consisted of two pictures of dogs playing poker, and a poorly written article about the forgotten health benefits of tator tot casserole. But at least they've given me an idea for tomorrow's dinner. No, not the dogs... the other thing.
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Chase
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October 10, 2015, 02:17:31 PM |
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This editorial is exactly where it should be, at the top of the latest (and greatest ) news on page one! Next... front page news of all mainstream media!!
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Dyna
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October 10, 2015, 05:55:34 PM |
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A nice find, and a very good summation of the Press Release. Nice to see. You evidently use your internet search time in a much more efficient manner than I do... my haul today has consisted of two pictures of dogs playing poker, and a poorly written article about the forgotten health benefits of tator tot casserole. But at least they've given me an idea for tomorrow's dinner. No, not the dogs... the other thing. Thanks, for the good laugh. I hope someone from the White House is not reading this post.
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Bergman
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October 10, 2015, 06:19:40 PM |
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Good selection for blockchain coverage and well written, very compelling.
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KC
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October 10, 2015, 11:27:43 PM |
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A nice find, and a very good summation of the Press Release. Nice to see. You evidently use your internet search time in a much more efficient manner than I do... my haul today has consisted of two pictures of dogs playing poker, and a poorly written article about the forgotten health benefits of tator tot casserole. But at least they've given me an idea for tomorrow's dinner. No, not the dogs... the other thing. Thanks, for the good laugh. I hope someone from the White House is not reading this post. Hahaha... that was funnier than mine. Very nice.
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