Cryptocurrency News Roundup 02.0917

 

 

Sure, PayPal is an OK service but they"re "Old School" for sending money. Wait til the average Filipino farmer has a crypto wallet on his/her smartphone. Bye Bye PayPal!

PayPal Fee Increases for Foreign Currency Exchange

Got an email notice the other day from PayPal regarding various changes to their terms and conditions that will take effect March 29, 2017. [emoji288] As I read into the linked document,...

  thaivisa.co...

 

Look for a monetary crash in Greece. And there are other countries teetering on the edge of disaster. The people in Greece who have cryptocurrency will be glad

EU faces crisis as IMF warns Greek debts are on "explosive"...

Beyond the long-running concerns over Greek debt, Europe is currently locked in a fierce internal struggle over how to "refound" the European Union in the wake of Brexit and the apparent...

  telegraph.c...

 

Trapped inside the US or outside the US. Both are bad but the people with some cryptocurrency might at least be able to protect some of their assets.

IRS Travel Ban For U.S. Citizens: "Due Process Undermined...

This article was written by Shaun Bradley and originally published at The Anti-Media.org. Editor"s Comment: These days, it might not take as much as you think to rack up $50k in back...

shtfplan.co...

 

 

If the US dollar crashes, Colombia will probably be a country a lot of Yanks will head for. And they"ll be glad they had some "crypto" because their "dollars" won"t be worth much.

 

2017 Update on Security in Medellín With Safety Tips for Expats

Security in Medellín is a major concern for expats planning to move to the city as well as for expats living in the city. Several readers asked us to provide an update about security in...

  medellinliving....

 

When American expats start heading abroad because things are too chaotic in the US, Portugal will definately be a top European choice. Don"t forget your crypto-wallet either because your dollars might not be worth much.

What It Costs to Live in Portugal

I"ve sung the praises of traveling for cheap in Portugal before after being impressed by how reasonably priced it was when I visited last year. But what does it cost to actually live there...

  cheapestdes...

 

 

Yeah, good ol" OneCoin, the Energizer Bunny of scams. They just keep on going, and going, and going but they"re not doing the reputation of cryptocurrency any good. Too bad they can"t apply their talents more ethically.

OneCoin Leads Top 3 Scam Coins List, S-Coin, EarthCoin Follow

A lot of individuals have fallen victim to cryptocurrency scams by investing in what they thought were real and genuine cryptocurrencies. Despite several campaigns by enthusiasts of already...

  cointelegraph.c...

 

 

It"s amazing how progressive the "Old World" is toward cryptocurrency. Check this out.

Poland Officially Recognizes Trading in Bitcoin and Other...

Poland has officially recognized the trading and mining of virtual currencies as an "official economic activity" according to the Central Statistical Office of Poland, hereinafter GUS....

  cointelegraph.c...

 

It looks like the innovative Winklevoss twins might pull off their Bitcoin ETF.

Bitcoin Price Gets Ready to Factor In Winklevoss Bitcoin ETF...

Speculation is growing about the consequences for Bitcoin if the Winklevoss twins" Bitcoin ETF gets regulatory approval in March. After almost four years of waiting, the US Securities and...

  cointelegraph.c...

 

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Steven Cavan

6 Bank Scandals That Cryptocurrency Makes A Thing Of The Past

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Steven Cavan

Crypto Blockchain Article Roundup

Art says - Utah May Soon Dump the Fed?

 

 

Utah May Soon Dump Federal Reserve

People in Utah have a reputation for being pretty smart with money and they"re tired of the Fed. Could the state actually dump the Fed? Who knows...but the idea is indicative of a growing public awareness. Click to read the article.

shtfplan.co...

 

Art says - Humans are so creative in turning technology into aggression and/or an excuse to make money.

 

Blockchain developers Guardtime to design next-generation NATO...

The Estonian based security software company Guardtime has been awarded a contract by the Estonian Ministry of Defence and NATO, to design a next generation system, including a blockchain,...

  bravenewcoin.co...

 

Art says - One service and consulting niche that is surely getting a boost from the crypto-craze is "Security". Here are some expert tips for a more secure crypto-life.

 

Bitcoin Security Made Easy: simple tips for non-experts

This is the first article in a series discussing general security practices that become essential when your money is digital. I have a confession. While today I work to help people and...

  bravenewcoin.co...

 

Art says - When big-name consultants like Deloitte get into blockchain, you know it"s because they see a growth industry. 

 

Irish Funds, Deloitte and State Street launch blockchain project

The Irish Funds Industry Association (Irish Funds) recently announced a new regulatory reporting blockchain project, in collaboration with Deloitte, and industry participants including...

  bravenewcoin.co...

 

Art says - Yes it"s complimentary that the Governor of the Bank of England speaks positively about "virtual currencies". But notice that his vision still assumes central bank involvement. They just don"t understand that we don"t want any more of their help, do they?

 

Central Bank Governor says Digital Currencies could displace...

The Governor of the Bank of England (BoE) and Chair of the Financial Stability Board and Monetary Policy Committee, Mark Carney, recently gave a speech about FinTech, financial inclusion,...

  bravenewcoin.co...

 

Art says - What effect will blockchain ultimately have on the way banks operate? This expert implies that it might allow banks to be regulated in a more positive way. You"ll like his humorous comments about the chaotic way banks interact with regulation now.

 

Bank regulations change every 12 minutes

I recently spent a day in a meeting discussing Governance, Risk and Compliance (GRC) ... yawn. Well, it is a bit of a dull area, but highly important. In fact, what gets me is that...

  bravenewcoin.co...

 

Art says - I do admire this "Fed" employee"s entrepreneurial spirit but what pisses me off is the light slap-on-the-wrist he (an "insider") got in comparison to what happens to non-government employees (AKA: "outsiders") when they do things much less egregious. But it"s a funny story.

 

Employee mined bitcoins on Federal Reserve servers for two years...

The Federal Reserve Bank is the Central Bank of the United States and issuer of the US Dollar. However, wielding the power to print just one currency may not have been enough for one former...

  bravenewcoin.co...

 

That"s enough news in this round-up. I hope you enjoyed the information. If you"re interested in the blockchain and crypto world, join one of our groups at Markethive.

 

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John McAfee on bitcoin and cybersecurity

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Steven Cavan

Bitcoin"s Price is Back Within $100 of its 2017 High

The price of bitcoin keeps creeping higher.

Bolstered by buoyed sentiment (and the increasing unlikelihood that China’s central bank will again step in and correct the market), bitcoin breached $1,050 at 13:00 UTC amid a near-3% increase for the day so far.

The total marked the highest point observed on the CoinDesk Bitcoin Price Index (BPI) since 6th January, just a day after the price dropped nearly $200 within hours of hovering near all-time highs set in late 2013 (a move that was widely attributed to the widespread use of market leverage).

The price movements come amid an uptick in volume that followed a substantial decline in volume at major exchanges.

Data from Bitcoinity shows the market is up slightly since three major China-based exchanges to begin imposing fees on both sides of bitcoin trades, a market change that is still being widely felt.

Yet, there is still some tepid sentiment in the market, as put forward by China-based OTC trader Zhou Shouji.

He maintains that "no one knows" if further actions will be taken, though he indicated some may be preparing for this scenario.

Shouji suggested China-based traders see the increasing price as a potential red flag for domestic regulators, even while others positioned it as a more natural recovery.

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Originally posted at Coindesk.com - February 7, 2017
Image via Shutterstock

Steven Cavan