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Monday, February 27, 2017

Recent top news and views about Bitcoin #Bitcoin #CrowdifyNews #Blockchain #Cryptocurrency #FinTech

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Bitspark Enters $20 Billion Pakistani Remittance Market

Bitspark Enters $20 Billion Pakistani Remittance Market

Money transfer platform Bitspark announced on Wednesday that they have expanded their service to Pakistan, a $20.3 billion remittance market. Bitcoin.com caught up with CEO George Harrap to learn more.

The Hong Kong-based company, which serves licensed money transfer businesses, Bitspark Enters $20 Billion Pakistani Remittance Market already offers remittance service to the Philippines, Indonesia, and Vietnam. All are among the top remittance-receiving countries.

Full story at http://bit.ly/2lLQene

 

How Mike Hearn Sold All His Bitcoins in 2016 and Market Proved Him Wrong

How Mike Hearn Sold All His Bitcoins in 2016 and Market Proved Him Wrong

On Jan. 15, 2016, former Bitcoin Core developer Mike Hearn left the Bitcoin community and industry with a highly controversial blog post entitled “The resolution of the Bitcoin experiment.”

Mainstream media outlets including Fusion, Business Insider, Yahoo and Wired, which urgently awaited for negative Bitcoin headlines to pick up, led the “Bitcoin is declared dead narrative,” happily announcing that “prominent Bitcoin developer declared the digital money dead.”

Full story at http://bit.ly/2lLNwOC

 

How Specifically The EU & US Intend To Tax Your Bitcoin

How Specifically The EU & US Intend To Tax Your Bitcoin

For the EU and US, the Wild West days of bitcoin are over. 2017 will be the year of bitcoin regulation and taxation during which individuals need information and caution.

The bad news: Central bankers want private, centralized blockchains to facilitate all movement of wealth so they can skim the top. Complicit governments intend to regulate competitors, including individual wallet holders, and then collect a ‘fee’ in the form of taxes.

Full story at http://bit.ly/2lLNtlQ

 

How to Avoid Losses When Bitcoin Price Goes Up and Down

How to Avoid Losses When Bitcoin Price Goes Up and Down

This essay is an updated chapter from Luis Buenaventura’s Reinventing Remittances with Bitcoin, available for free in e-book and print form now.

If you’re just joining the Bitcoin train, it’s probably hard to imagine what the world of early 2014 was like. The largest Bitcoin exchange at the time, Mt. Gox, had just imploded and about $450 mln in customer funds had gone missing.

Full story at http://bit.ly/2lLDFZk

 

Malta’s Prime Minister Says Europe Should Become the Bitcoin Continent

Malta’s Prime Minister Says Europe Should Become the Bitcoin Continent

The Prime Minister of Malta, Dr. Joseph Muscat, spoke on Thursday at the CEPS Ideas Lab event where he proposed that “Europe should become the Bitcoin continent”.

Innovation platform of exchange, the CEPS Ideas Lab, brings together national think tanks across Europe. CEPS Ideas Lab 2017 - Reconstructing the Union took place on February 23 and is one of the main events in Brussels.

Full story at http://bit.ly/2lLW0p7

 

Meet Bitcoin Mining Capital In The Making - Chinese Province Sichuan

Meet Bitcoin Mining Capital In The Making - Chinese Province Sichuan

Sichuan, a province of China, is transforming into a global Bitcoin mining capital primarily due to its cheap electricity, low population density and cold climate.

China’s southwestern provinces, such as Sichuan, are seeing an exponential growth of Bitcoin mining facilities and centers as companies continue to search for mountainous regions with high altitude to cool down mining equipment without allocating additional resources.

Full story at http://bit.ly/2lLNjek

 

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