Safello Brings Japan and Sweden Together Over Bitcoin ...

Safello - A new platform that strive to be a serious and safe place for buyers and sellers of bitcoins.

Safello - A new platform that strive to be a serious and safe place for buyers and sellers of bitcoins. submitted by stylewalkerSE to Bitcoin [link] [comments]

Safello Swedish Bitcoin Exchange Announces Critical London Banking Partnership | The Bitcoin News

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Safello Aims for Comeback with New Bitcoin Buying Option

Safello Aims for Comeback with New Bitcoin Buying Option submitted by castom to Bitcoin [link] [comments]

Safello Chases Comeback with New Bitcoin Buying Option

Safello Chases Comeback with New Bitcoin Buying Option submitted by BTCNews to BTCNews [link] [comments]

Safello Chases Comeback with New Bitcoin Buying Option

Safello Chases Comeback with New Bitcoin Buying Option submitted by CryptoCurrency_News to CryptoCurrency [link] [comments]

Safello Co-Founder Moves to Tokyo to Start New Bitcoin Security Firm

Safello Co-Founder Moves to Tokyo to Start New Bitcoin Security Firm submitted by arruah to Bitcoin [link] [comments]

Bitcoin:Safello Buys ICBIT and Appoints President of the ReactOS Foundation as New CTO

Bitcoin:Safello Buys ICBIT and Appoints President of the ReactOS Foundation as New CTO submitted by Jeditobe to reactos [link] [comments]

Safello Aims for Comeback with New Bitcoin Buying Option

Safello Aims for Comeback with New Bitcoin Buying Option submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Safello Co-Founder Moves to Tokyo to Start New Bitcoin Security Firm

Safello Co-Founder Moves to Tokyo to Start New Bitcoin Security Firm submitted by moon_drone to BetterBitcoin [link] [comments]

Safello Co-Founder Moves to Tokyo to Start New Bitcoin Security Firm

Safello Co-Founder Moves to Tokyo to Start New Bitcoin Security Firm submitted by BTCNews to BTCNews [link] [comments]

Safello's New Bitcoin Wallet - "So Easy That Even Your Mom Could Use It”

Safello's New Bitcoin Wallet - submitted by voyagerdoge to DogeNews [link] [comments]

Let's campaing to get awesome new Bitcoin exchange Safello to accept Dogecoins!

Safello is a new Swedish-based Bitcoin exchange that supports direct payment methods for purchasing Bitcoins. They have an incredibly competent team behind them, and lots of backup from investors.
Furthermore being located in Sweden is a huge advantage since the Swedish government has taken a rather relaxed stance towards Bitcoins. Sweden has a long tradition of very successful tech-companies, and Swedish innovators have created products such as Minecraft, Spotify and Skype. Furthermore Bitcoin (and soon Dogecoin) mining giant KnCMiner is located in Sweden.
Safello's goal is to be Europe's answer to Coinbase, and as of right now there's no reason why they can't pull it off. Here's a recent Coindesk article talking about them -> http://www.coindesk.com/safello-introduces-europe-wide-bitcoin-trading/
I invite everyone to kindly ask them to consider adding Dogecoin trading, as well as providing them with a few reason to do so. Please don't spam them, but try and provide well thought-out reasons as to why they should consider us. A few reasons to consider bringing up would be that Dogecoin largely has a very different userbase than Bitcoin, and that it would help to bring in new customers outside of the traditional Bitcoin investors. Furthermore it would give them a lot of positive PR, since they would very often be mentioned in articles talking about Dogecoin.
Here's their contact information for those of you who want to participate ->
https://twitter.com/SafelloAB https://safello.com/about
submitted by Shibelium to dogecoin [link] [comments]

v5.5.8 is out on iOS, android and macOS

v5.5.8 is out on iOS, android and macOS
Monster release 🔥
NEW
  • Support for big wallets (>3k txs) 🐳
  • Side wallet navigation (tablet/desktop) 🏝
  • Slovenian language 🇸🇮
  • Hebrew language 🇮🇱
  • Arabic language 🇪🇬🇸🇦🇶🇦🇱🇧💙
  • KES/NGN/TWD currencies 🇰🇪 🇳🇬 🇹🇼

FIXED
  • Wrong value on tx broadcast
  • Transaction time when using EPS
  • Some EPS txs stay unconfirmed
  • Dark/light theme switch
  • Create-ln-invoice button is not blocked
  • On approved notifications send hash from watch
  • If Camera not authorized, show Alert
  • Only show direct export
  • Better errors from Local Trader
  • Safello buy-bitcoin flow
  • Request location for Local Trader
  • Input fails for leading/trailing blank
  • Show Import file option
  • Wrong color during loading
  • Speedup wallet creation

Updated Translations
  • Portugese Brazilian
  • Portuguese European
  • Spanish European
  • Slovenian
  • German
  • French
  • Czech
  • Japanese
  • Italian
  • Russian

Special thanks for all contributors!
To help on the translations and join the team visit our translations space: https://www.transifex.com/bluewallet/bluewallet/

v5.5.8 introduces support for BIG wallets. Y'all punks, freaks, whales and Bitcoin users can easily load, access and use your wallets with thousands of transactions. Thanks for your patience on this one. 🦸🦹‍♀️🐳

support for big wallets

A new sidebar navigation is now available for Tablets, iPad and Desktop. This navigation brings a better and more native UX to these devices with an always present sidebar. We hope you enjoying it :)
desktop tablets bitcoin wallet
Your help is invaluable in building the best possible bitcoin wallet.
You can help us out with a review on the different app stores, that will be extremely helpful!

Keep building! 💙
bluewallet.io
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Recieving bitcoins thru thirdparty sites.

So i am new to bitcoin. I have a "online store" where you can buy something called IPTV. Ive been having paypal as only payment option for my customers, but that is just a big pain in the ass.
So i decided i will use bitcoins as alot of other ppl do with IPTV.
So i have done 2 wallets, one is here on Electrum, the other one is Wasabi. Of what i understand wasabi use only Bech32 and that is not good for third party. So i made a wallet here and choosed the other option so its not Bech32.
So the 3rd party sites i want to use where my customers will pay will be:
www.safello.se (For a swedish payment option called swish) & https://buy.bitcoin.com/ (For ppl that want to pay thru creditcard)
My questions now:
I guess i need to use Electrum?
How do i make a button on my site that will autogenerate a new wallet recive adress that my costumers can pay thru, so i dont have to be by the computer always.
Hope somone can help me. Thanks
submitted by lillmike to Electrum [link] [comments]

Bitcoin-Friendly Countries

Bitcoin-Friendly Countries
Cryptocurrencies are a new asset that appeared only in 2009 with the first decentralized cryptocurrency – Bitcoin. The authorities of most countries haven’t managed yet how to develop its regulation, but there are already those who have introduced a strict prohibition against digital money, and those who have legalized cryptocurrencies in full.
by StealthEX
Today we prepared for you the list of some of the most Bitcoin-Friendly countries, where blockchain technology is closely intertwining with the life of ordinary people.

The United States of America

From the very beginning, the USA has been one of the pioneers of building the crypto-friendly society. Not surprisingly the United States has the largest number of crypto users and the largest number of Bitcoin’s ATMs in the world.
Today a lot of blockchain startups are working in Silicon Valley like BlockCypher, ThunderCore, Blockstream, CipherTrace, Cryptanna, MakerDAO, Coinbase and many others.

Canada

Canada can boast of two cities that are considered as “Bitcoin hubs” Toronto and Vancouver. Cryptocurrency itself is regulated by laws against money laundering and terrorism financing in Canada.
In this country there is a very lively crypto community and many blockchain startups like Decentral, Vanbex Group were launched here. Nowadays thousands of organizations accepting BTC and other cryptocurrencies for payment are located in Canada.

The United Kingdom

The UK is considered one of the world’s leading financial and innovation centers. Therefore, in this country, there are also numerous blockchain-related projects. The United Kingdom is sure that the popularization of a new payment solution is inevitable and now preparing for the massive adoption of cryptocurrencies. Nowadays you can easily order a pint of beer in some local pubs and pay for it using BTC.
Moreover, the Bank of England is closely monitoring cryptocurrency technologies and even asked the public to put forward ideas on how to improve their monetary constitution. Currently, Bitcoin is regarded as “private money”, where VAT is collected in the usual way from suppliers of any goods or services sold.

Netherlands

This country can be proud not only for being Bitcoin-friendly but also for having its own “Bitcoin City” called Arnhem. Here, almost everything can be purchased using crypto coins, including gas, housing, bicycles, and even dental services.
At the legislative level, cryptocurrencies are not yet regulated in accordance with the Dutch Financial Supervision Act, and as a result, numerous blockchain startups and even the Bitcoin Embassy in the center of Amsterdam have occurred.
In addition, the country’s banking sector, including ABN AMRO Bank and ING, is increasingly considering blockchain technology as a way to improve their own system and reduce costs. Netherlands is a regular participant in conferences regarding the development of Bitcoin.

Japan

Many people believe that this is the birthplace of the famous Satoshi Nakamoto – the creator of Bitcoin. The country is the first and only one that has a proper legal system regulating the trade in digital currencies.
Moreover, the authorities of this country are considering launching Japan’s own national cryptocurrency – digital Yen. Today Japan is of the largest cryptocurrency market.

Malta

In February 2018, the Government of Malta decided to support blockchain-related projects, cryptocurrencies, and ICOs. That’s why many companies are considering moving to this paradise blockchain-island. At the same time, Malta is one of the leaders in online gaming and there are many implemented projects that connect blockchain technology with the gaming industry.

Sweden

Sweden is among countries that want to eliminate paper money in favor of 100% digital currency. The Swedish Financial Supervisory Authority (Finansinspektionen) has legitimized the fast-growing crypto industry by publicly announcing Bitcoin (and other cryptocurrencies) as a means of payment.
Sweden is home to numerous blockchain-based startups, including Safello, Starflow, Norbloc, Strawpay.

Switzerland

Historically, Switzerland has always been famous for the level of its banking system and banking secrecy, so it is not surprising that the authorities of this country didn’t prohibit the circulation of digital currencies.
This country has become a kind of “tax haven” for cryptocurrencies. That’s why many blockchain startups started here and organize the headquarters of their business.

Estonia

This small country is also open to innovative technologies. The government implemented blockchain technology to the healthcare system, banking services and even management, allowing its citizens to be among the first to use municipal and state services via the Internet. With one of the highest levels of Internet penetration in the world, Estonia has a good opportunity to become cryptocurrency capital of Europe.
All the listed countries have demonstrated their hospitality to cryptocurrencies. But of course this is not the comprehensive list and as the crypto community will continue to grow the more countries will be ready to use the advantages of blockchain technology.
We will be delighted to know your thoughts on Bitcoin-friendly countries.
Hit your comments below.
Original article was posted on https://stealthex.io/blog/2020/05/22/bitcoin-friendly-countries/
submitted by Stealthex_io to u/Stealthex_io [link] [comments]

The Regulatory/Legal Environment

Hello! My name is Daria Volkova and I am the Head of Platinum Legal Department. Our team believes that these are exciting times for the crypto market. We supported more than 100 clients, created and promoted their STO and ICO campaigns, got from an idea to funding in a matter of 2.5 months! See the full list of our services: Platinum.fund We are more than proud to present our education project. The UBAI can help you to learn specifics about cryptocurrencies and blockchain technologies. Learn all about ICO avenues and opportunities, plug into the world of trading cryptocurrency markets, become an expert in scam projects, promoting ICOs and STOs, launching your own campaigns and many more! What are the different cryptocurrency regulations in major countries? Find the answer after reading this article.
Cryptocurrency Regulations across Major Countries
Cryptocurrency and the blockchain industry may seem sufficiently exciting and attractive to you now. After all, you are taking the time and effort to study this course. You may be planning to work in cryptocurrency and the blockchain industry. Of course, we want to encourage you and help you proceed toward your goal. But it is also important you understand the regulations guiding the blockchain industry to help keep yourself out of trouble.
This year, in particular, seems to be the year in which a lot of countries are looking to finally coalesce the regulations relating to the blockchain industry into a workable legal framework. Some countries are more accommodating to cryptocurrency and blockchain technological innovations while others are still more cautious. We will examine how each major country is forming their own regulatory framework for the blockchain industry.
Canada
Cryptocurrencies are not considered legal tender in Canada. This was clearly expressed by the country’s Financial Consumer Agency (FCA). Canada, like the US, has yet to clearly define or legislate a framework surrounding cryptocurrencies. But Canada still appears to be among the most transparent of countries for the nation’s interpretation and enforcement of the law surrounding cryptocurrencies (aside from Switzerland). For the time being, Canada has clearly stated its reluctance to adopt cryptocurrency as a legal tender, due to its high volatility. “ “The United States of America (USA)
There are certain laws regarding transactions in virtual currency in the US today but there is still no comprehensive legal framework. The Commodity Futures Trading Commission currently regulates virtual currencies as commodities. The CFTC is the first US regulator to allow for public cryptocurrency trading. The Securities and Exchange Commission requires registration of any virtual currency traded in the US if it is classified as a security (e.g. by the Howey test).
The regulatory authorities have not yet formulated or offered a coherent framework for regulations regarding cryptocurrencies. Typical of most legislators and regulatory agencies in the US, the Securities and Exchange Commission (SEC) has intensified its focus on the pressing need for comprehensive regulation. And it seems everyone is waiting for the right catalyst to coalesce into a usable set of legal guidelines that can protect the investing public and also allow for blockchain and cryptocurrency innovation as well.
If cryptocurrency becomes a form of legal tender in the US, there will likely be stringent laws on its use. However, if cryptocurrency is treated like a security, cryptocurrencies would be regulated under securities law as interpreted by the SEC. Present securities laws place a large number of limitations on who is able to buy securities, how they are traded, and how to ensure transparency in the flow of information relevant to investors. Also note that non-US investors may experience their own difficulties getting a license to trade cryptocurrencies in the country. “ “Japan
Japan has always been one of the most positive and forward-thinking nations regarding cryptocurrencies and the blockchain. Of course, they were cautious at first, and they knew no more than anyone else in government, which means they literally knew nothing. But they took time to research, learn, and develop an approach to regulate the industry without killing it. The official policy is clear: Protect the public interest, but also encourage the growth of the industry with a legal framework that allows for innovation in blockchain and cryptocurrencies.
China
The situation in China is a sad one. The country has been taking increasingly strict actions to discourage and outlaw any activity related to the blockchain industry. China has banned ICOs, frozen all accounts associated with cryptocurrency, stopped bitcoin miners and even ordered a nationwide ban on all forms of cryptocurrency trading.
China has the strictest laws against cryptocurrency. Yet, despite that fact, as of 2017, 50% of the world’s mining population was from China! If you are involved with the cryptocurrency industry it is strongly advised to stay away from China, and avoid transactions with Chinese business because of the unpredictable and negative legal framework.
“ “The United Kingdom & European Union
Brexit is scheduled to take place in March 2019, yet the UK and the EU still remain united in their regulatory attitude toward cryptocurrencies. There are also reports that the UK and EU are planning to end anonymity for cryptocurrency traders.
The UK and EU are both trying to control all the scams and frauds. They are working with cryptocurrency platforms to stop or at least report all suspicious transactions. This adds a degree of regulatory burden on the exchanges as well as increasing the associated compliance costs. Cryptocurrencies are extremely volatile. They are a high-risk investment. Governments across Europe are greatly concerned about the possibility of both retail and sophisticated investors losing a lot of money.
This has led to a situation similar to that in the US. The regulatory authorities have not yet formulated or offered a coherent framework for regulations regarding cryptocurrencies. There is an intense focus on the pressing need for comprehensive regulation. And everyone is waiting for the right catalyst to coalesce into a usable set of legal guidelines that can protect the investing public and allow for blockchain and cryptocurrency innovation as well. We certainly hope for intelligent and effective legislation from all the major countries. “ “Accommodating & Unaccommodating Countries
Below is a list of countries we have not specifically covered, but they have each taken an active position on a regulatory framework for cryptocurrencies. The following countries are either supportive or at least neutral toward cryptocurrencies:
-Switzerland. -Australia. -Nigeria. -Ghana. -South Africa. -Singapore.
Countries with the most stringent and negative cryptocurrency regulation:
-Venezuela. -South Korea. -India. -Russia.
Did you know?
It is not uncommon to see Bitcoin and other cryptocurrency ATMs throughout Japan.
Exchange robberies and hacks like MtGox, and the recent loss of $530 million NEM coins have led to serious debate in the Japanese government. The industry needs to provide a secure and manageable solution to these problems. Voluntary self-regulation and close cooperation with regulatory authorities is the most favored solution. It seems the regulators are working hard behind the scenes right now leading the industry in the desired direction in typical Japanese fashion. “ “Blockchain Industry Regulations in the USA
Based on the information received from the Columbia Science and Technology Law Review, there was a variety of responses from different government bodies about blockchain regulations. The regulators responses ranged from indifference to suspicion, and to positive expectation and excitement.
The US government has tremendous constitutional power to regulate business and industry, including of course the blockchain industry if it so desires. But basically, the federal government has been relatively indifferent and has even refused to speak on blockchain regulations despite the interest of various federal agencies. As of 2017, eight states in the US were working on bills promoting the use of cryptocurrency and blockchain technologies. It is even reported that a few states have actually begun the final steps before voting and passing legislation into law.
On April 3, 2018 Arizona introduced a law allowing corporations to hold and share data on the blockchain. The governor, Doug Ducey, put forward the legislation after the state began accepting signatures and smart contracts recorded on the blockchain as legally valid documentation. In 2017, Delaware was the first state to pass legislation allowing for shares of stocks to be legally traded on the blockchain.
Other notable developments have occurred in the US at the state or local level. Vermont makes use of blockchain as evidence in trials. Chicago uses blockchain to maintain real estate records. New York is currently evaluating four bills for the application of data storage on the blockchain. “ ” Blockchain Regulations in Europe
The entire European Union has approached blockchain with a positive and welcoming attitude. The EU has taken the position that they want to actively encourage innovation. This philosophy could support the development of cryptocurrencies in two ways:
-Encouraging the exploration of uses testing the impact and effect of the laws in a way that allows for a more finely-tuned and sophisticated understanding for all parties involved.
-Giving entrepreneurs the confidence that their target markets will be more trusting of their solution since they are operating with the explicit legal support of the state.
This approach, along with the EU’s scope as the regulator of 28 different countries, will encourage growth across the entire crypto ecosystem, and may end up transforming Europe into one of the most desirable destinations for blockchain development. Entrepreneurs are likely to move to the EU bloc to access the rich vein of available talent, as well as the positive and supportive laws.
The EU has actually disclosed through its executive arm that it is working on the use of blockchain for distributed ledger based projects. EU officials have constantly stated they are looking for ways to support more innovation with distributed ledger technology. The European Commission said it was “”actively monitoring Blockchain and DLT developments”” and has work in progress to explore “”DLT benefits and challenges as well as fields for application in financial services””.
The official press release stated that the commission clearly wants to “”pilot projects to foster decentralized innovation ecosystems and help reshape interactions between consumers, producers, creators and among citizens, businesses and administrations to the end benefit of society””. “ “Blockchain Regulations in Europe §2
Switzerland has gradually become the favored hub for cryptocurrency and blockchain development in Europe. This position has been enhanced through a Swiss non-profit blockchain and cryptographic technology ecosystem known as the Crypto Valley Association.
The Crypto Valley Association has begun working on the development of an ICO Code of Conduct to take advantage of the ban imposed by China on token crowd sales. They are hoping to capture the Chinese and Asian entrepreneurs searching for a new home.
Other countries are not as accepting of this new DLT technology and have even gone as far as classifying it as illegal and immoral behavior. There have been hyperbolic concerns most notably from China that cryptocurrencies will destabilize world financial markets.
There are various pilot projects and efforts to prove the benefits of cryptocurrencies and the blockchain industry currently being tested all across Europe. Yet even now they are barely scratching the surface of the full potential of the blockchain.
Country-by-Country Cryptocurrency Adoption
Citizens of countries all over the world have varying attitudes about cryptocurrency. These attitudes and sentiments can be very significant to the future adoption of cryptocurrencies because politicians and regulators tend to act in consideration of the collective opinion of the public. Some countries were more accommodating at first but then became stricter, despite positive public interest, basically saying they are still not sure about the possible consequences and benefits of the technology. “ “Country-by-Country Cryptocurrency Adoption
Estonia
Surprisingly enough this small Baltic nation has gained a reputation for being quick to accept technological innovation. Estonia has a tech-friendly government eager to accommodate the innovative use of cryptocurrency in fields ranging from blockchain technology for healthcare and banking services; and even granting citizens the right to become what is known as “e-Residents”.
As e-Residents, Estonian citizens and businesses are provided with digital business authentication. It is also one of the first countries to employ the use of a blockchain-based e-voting service that enabled people to become shareholders of NASDAQ’s Tallinn Stock Exchange.
This fascinating and highly innovative country is now host to a number of Bitcoin ATMs and startups, like Paxful. They are cryptocurrency friendly, and cryptocurrency user friendly as well. Estonia also has highest internet penetration rates in the world.
Estonia may be a fine place to consider basing your ICO due to the friendly legal and regulatory environment.
This and a lot more you can learn on our website: www.ubai.co! “ “Country-by-Country Cryptocurrency Adoption
The United States of America
The USA is the world’s dominant superpower, and it should come as no surprise that it has the highest number of cryptocurrency users in the world. It also has the highest bitcoin trading volume and the highest number of bitcoin ATMs.
Powered by Silicon Valley, which is home to a lot of cryptocurrency and blockchain startups, the US stands at the forefront of all things relating to cryptocurrency worldwide. Many other nations are planning to follow the US lead concerning cryptocurrency regulations. This means the USA will serve as the testing ground for cryptocurrency and crypto-regulation in the years to come. This is likely where the future regulatory framework will take shape.
Bitcoin in particular has shown massive growth in the US. This can only be interpreted as a strong tailwind for a positive regulatory environment because the population at large supports blockchain technology.
For the moment, due to regulatory paralysis and the resultant legal vacuum, ICOs are strongly advised against raising funds or basing operations in the US. The SEC has been particularly strict in its enforcement of securities and investment law which require an ICO to do an oppressive amount of compliance work. “ “Country-by-Country Cryptocurrency Adoption
Denmark
When it comes to technological advancements and the standard of living of its citizens, Denmark is among the world leaders. It is considered one of the most developed countries in the world. It is also at the forefront of countries looking to reduce the use of cash money and advance to the use of 100% digital currency. As such, sentiment among the general public and political sphere actively supports the adoption of cryptocurrencies as a means of payment. The only question left is which particular cryptocurrency system to adopt. It is still unclear whether bitcoin is the one, or BTC will mainly just be accepted as a means of exchange. There are also discussions in Denmark about when to redesign its national financial system; this would be a “world first”, and a radical leap forward for cryptocurrencies.
Another fascinating thing is that the Danish Central Bank has declared BTC as a non-currency; meaning its use is not subject to the country’s currency regulations. Some of the top bitcoin startups and exchanges such as CCDEK have their foundations in Denmark.
With its open market and encouraging regulatory framework, Denmark might very well rival Switzerland in Western Europe for the position of the continent’s preeminent ICO and blockchain industry hub. “ “Country-by-Country Cryptocurrency Adoption
Sweden
Sweden is quite similar to Denmark, for its social and demographic climate, and also for the government’s desire to eliminate cash. The Swedish Riksbank recently introduced negative interest rates. This can cause a spike in the demand for coins in the near future as citizens look for the best way to preserve their wealth. Negative interest rates like we have seen in Europe and Japan also, actively corrode savers’ wealth because people are actually paying a percentage of their savings to the central bank to hold their cash, in addition to losing out to inflation at the same time.
Sweden has taken the boldest step yet in all of continental Europe to legalize cryptocurrency. The country legalized the use of BTC and other cryptocurrencies as a means of payment by official public declaration. It is however expected that exchanges should file for a license in accordance with AML/CTF and KYC regulations.
Sweden is also home to a number of cryptocurrency startups such as the Safello Bitcoin exchange, and Stockholm-based KnCMiner. The gradually increasing trading volume of cryptocurrency has been a good indicator of the country’s appreciating demand for cryptocurrencies. “ “Country-by-Country Cryptocurrency Adoption
The Netherlands
The Netherlands is quite fascinating in its own right. How can a country not be referred to as Bitcoin-friendly when it can boast about having its own “Bitcoin City”? There are over 100 merchants that sell goods that can be purchased with cryptocurrency in Bitcoin City.
There are no regulations restricting the use of BTC in the Netherlands under the Act on Financial Supervision of the Netherlands. This explains why a lot of startups, BTC ATMs, and even a Bitcoin Embassy can be found in the heart of Amsterdam (the capital of Netherlands).
The friendly climate for cryptocurrency has led to a lot of very active bitcoin communities across the nation hosting regular meetups and other events. The country’s banking sector has been looking to incorporate BTC and blockchain to reduce costs and improve banking technology. The Netherlands is also a popular location for many important bitcoin conferences and bitcoin companies such as BitPay.
The Netherlands is increasingly becoming a prominent place for ICOs and blockchain related businesses to base their operations. “ “Country-by-Country Cryptocurrency Adoption
Finland
Well-known as the home of Nokia, Finland has constantly been at the forefront of technological innovation, just like its other Scandinavian neighbors. The Finnish Central Board of Taxes (CBT) has even gone as far as classifying bitcoin as a financial service, exempting it and cryptocurrency purchases from the VAT. What more could be better for Bitcoin?
Finland also boasts a significant number of BTC ATMs despite its small population. The capital of Helsinki alone is reported to have 10 ATMs for BTC. The country is also home to top exchanges such as FinCCX and Bittiraha.fi. As of January 2016, the most expensive bitcoin sale took place in Finland. It involved the sale of a Tesla Model S worth over €140,000 at Auto-Outlet Helsinki Oy.
Canada
Canada is home to a variety of bitcoin startups and ATMs. It is considered to be more favorable toward cryptocurrencies than the USA. The country has two cities on its eastern and western coasts, Toronto and Vancouver, that are recognized as “Bitcoin hubs”.
Canada has a vibrant cryptocurrency community and is home to startups such as Decentral, the Vanbex Group and a large number of merchants who accept cryptocurrencies as payment. Vancouver is known to have over 20 ATMs while Toronto is well-known for holding large cryptocurrency conferences.
There has been constant growth in cryptocurrency trading volume in the country. Canada might be the best location in North America to base an ICO or operate a blockchain business due to its supportive regulatory environment and a rich ecosystem for cryptocurrency, with human talent, ATMs and other tools, etc. “ “Country-by-Country Cryptocurrency Adoption
United Kingdom
The UK is one of the absolute top financial hubs in the world. It is also a center of innovation. There are a large number of bitcoin and blockchain related startups, BTMs and active communities. All of the previously listed crypto-friendly features make the UK a very desirable environment for bitcoin. The UK has identified the inevitable need for a new payment solution and is gradually bracing itself for a widespread adoption of cryptocurrency in the future. There are even a few local pubs that accept BTC as a means of payment.
It is also interesting to note that the Bank of England has been closely monitoring bitcoin technology and has requested ideas from citizens on the improvement of its monetary system. Bitcoin is presently seen as “private money” where VAT is imposed from suppliers of goods and services that accept cryptocurrency as payment. Profits and losses incurred from cryptocurrency trading are also subject to capital gains tax, just as in the US.
In the UK, it has become increasingly clear that BTC can be part of a bigger story, and the trading volume indicates steady growth. There are not clear laws against cryptocurrencies at the present time. But the lack of regulatory momentum suggests we may see more positive developments soon. One thing to keep in mind, while the Brexit is still in progress, the British government may be more likely to legislate on non-core issues. “ “Country-by-Country Cryptocurrency Adoption
Australia
The major banks in Australia have been quite hostile toward bitcoin, but at least the country has removed the burden of “double taxation” on cryptocurrency. This was good news to the local business community because blockchain startups had begun to leave the country as a direct result of unfavorable taxation and closure of bank accounts.
The use of BTC still remains unregulated, there is no law or regulation restricting the use of cryptocurrencies by Australian citizens. Cryptocurrencies are regarded as a form of property in Australia, and purchases with BTC, for example, are referred to as “barter”.
The Australian Securities Exchange (ASX), you will remember, is transitioning its CHESS verification system to a blockchain solution that should go live at the beginning of 2019. Cryptocurrencies in Australia are seen a lot like they are in the US. Topics like the imposition of capital gains tax, concern about securities law, the legal debate about using cryptocurrency as payment for goods and services, etc., are all problematic for regulators. While the general population is quite comfortable and supportive of cryptocurrencies and blockchain solutions, at the present it is not a high priority for the government to legislate or regulate. “ “Taxation and Cryptocurrency
Tax is of course one of the most important factors in financial matters on both a personal and corporate level. Taxes greatly influence investment decisions and returns, regardless of industry or size. It is one of the first things every individual or group considers before investing. Notably, in Australia and the USA, cryptocurrency gains are treated as capital gains and taxed at up to 50% of the return.
Some countries have low cryptocurrency taxes specifically to encourage the blockchain industry. By offering a more competitive tax rate, countries are implicitly supporting cryptocurrency and actively trying to offer a better return profile than other countries. We will discuss the different taxation regimes in a wide range of countries so you can ascertain the financial advantages and disadvantages of a variety of locations.
Belarus
Belarus charges 0% in taxation until 2023. That exemption is specifically for cryptocurrency exchanges and transactions. This has been done to help Belarus build a special economic zone, referred to as ‘HTP Belarus’. Their goal is to have an economic zone strong enough to compete with the likes of Silicon Valley.
The government of Belarus has also declared smart contracts as legal documents. Anyone looking to set up a blockchain company or a cryptocurrency startup should seriously consider Belarus. It has a supportive regulatory and legal environment which actively encourages the blockchain industry and does not impose punitive taxes upon those inside the industry.
“ “Taxation and Cryptocurrency
Portugal
Any and all personal income received from cryptocurrency transactions is tax-free in Portugal at the present moment. Income from cryptocurrency trading is categorized as something legally different from traditional income or capital gains.
The Portuguese government stated clearly that any kind of sale of cryptocurrency does not fall under capital income or capital gain. If an individual is however found to be carrying out professional activity, or any business activity related to cryptocurrencies, that is a different matter and such income will be subject to taxation.
From a personal perspective, Portugal is one of the leading countries where an individual can carry out their cryptocurrency transactions and enjoy a decent standard of living in the same country too. However, for ICO and Blockchain businesses it is not recommended to base your operations in Portugal.
China
China is famous the world over for being home to some of the largest cryptocurrency mines and many active cryptocurrency investors; yet at the same time China makes it illegal to conduct any cryptocurrency related business or investment.
But China still has an especially attractive environment for investors. Hong Kong runs on a policy of zero VAT or capital gains tax so it is easy to recommend you base your business there. Hong Kong also stands out as a major financial hub in the heart of Asia. “ “Taxation and Cryptocurrency
Netherlands
Actually, Netherlands was the first country to make use of a non-zero tax rate policy for cryptocurrencies. So, it may seem reasonable to expect a discouraging tax situation. But the fact is, Netherland’s tax policy is rather advantageous for cryptocurrency. They have a very simple, low-tax regime.
Cryptocurrency assets need to be declared with the total assets owned by an individual at the beginning of the year to assess their value. Cryptocurrency gains will be taxed at the highest tax bracket for capital income of just around 5%. The Netherlands is strongly recommended as a good country to work and live in, from both a personal and corporate perspective.
Germany
Germany is the economic center of the EU. This makes it a great place to start a cryptocurrency or blockchain company. Financial technology has been thriving there for more than ten years, and Germany has favorable cryptocurrency laws too.
Bitcoin and cryptocurrency assets have a 0% tax when used in making payments due to no VAT levied for making payments with BTC, because there is no “value added” through cryptocurrency as a fiscal product.
Germany offers a moderately compelling case for both blockchain business and individuals. While the tax rate on income at the company level is not competitive, the ability to pay for services in crypto as well as hold cryptocurrency assets and sell them at zero percent taxation rate is compelling. “ “Where to Base Your ICO
Let’s talk about the countries that are most accommodating with regard ICOs. Start-up ICO companies, like any company, essentially require three key principles for operation. The first is a sound legal and regulatory framework wherein the rule of law is preserved and business encouraged. The second is the ability to hire or acquire talented individuals to work at the firm. The third and final is the tax system and access to associated financial systems in order to allow the enterprise to succeed.
Estonia
This country is, perhaps surprisingly, widely referred to as the most digital society in the world. Estonians are known to be pathfinders deeply involved in setting up an efficient, secure, and transparent internet ecosystem.
The country ranks first when it comes to the number of ICOs per inhabitant. It has an incredibly supportive tax regime, actually among the most competitive in the world, as well as a deep pool of talent across all areas of the digital spectrum. Estonia offers possibly the most supportive and friendly regulatory and legal framework in the world for an ICO. This, in combination with a zero percent tax rate at both a personal and corporate level, combine to make Estonia one of the single most appealing locations from which you can launch and operate your ICO. “ “Where to Base Your ICO
Singapore
Singapore is another important regional hub in Asia for its strong rule of law as well as low taxation. The country offers one of the highest standards of living in the world. It is centrally located in the heart of Asia, so it easy to travel and recruit talent from surrounding countries. At the present there are not any specific regulations targeting the blockchain industry, but it is one of the world’s largest countries by funds raised for ICOs. It has a competitive tax regime in combination with strict AML and KYC. All of these factors make Singapore Asia’s leading location to launch and base an ICO.
The regulatory situation around the world may seem rather complicated. That is because it is. Laws and regulations are changing rapidly all over the world. And the regulatory framework is the most significant point of concern for a startup ICO. You should carefully study not only the current regulations surrounding your particular venture and how its tokenomics affects its classification, but you also need a reasonable sense of where the country is likely to be six months or a year later. Ideally you would base your ICO in a country that is supportive now, and all timeframes into the future with a competitive and legally sound tax system.
Where to Base Your ICO
Slovenia
Slovenia has recently transformed itself into the leading destination for blockchain technology in Europe. The government of Slovenia has placed a strong emphasis on the study of blockchain technology in public administration, and there has been an amazing success rate for ICOs in Slovenia. While the Slovenian government is a leader in terms of adopting cryptocurrencies, its rate of taxation is still considered quite high at 19%, even though that is still lower than other European countries. ICOs are considered to be normal business activities where you are taxed based on the funds received from an ICO less the expenses of doing business.
Switzerland
Switzerland is trying to remain relevant for the blockchain industry and for ICOs. The Swiss finance ministry is actively trying to attract investors to the country. Switzerland is considered a very important crypto location due to fact it was home to four of the largest ICOs in the world. The country is also very attractive to investors because of its friendly regulations and digital expertise. The taxation and regulatory environment is extremely secure and positive towards the cryptocurrency and blockchain industry in general.
Are there successful ICOs that have originated from the specific countries considered? Read the full article to get the answer! UBAI.co
Learn more about our STO and ICO marketing services right now! Contact me via LinkedIn: LinkedIn
submitted by UBAI_UNIVERSITY to u/UBAI_UNIVERSITY [link] [comments]

What about the other NYA signatories?

The New York Agreement (NYA) was the official start of the SegWit2X project. It was signed by some 50 companies and individuals.
Some of those dropped off along the way. Six of them signed the "surrrender" message to the development list.
What about the other people and companies in the orginal list? Did they know/support the cancellation? What is their position now?
In particular, what about Barry Silbert and the Digital Currency Group, who seemed to be the locomotive of that train?
National Enquirer mind wants to know...
The NYA signatories as of 2017-05-25:
1Hash (China) Abra (United States) ANX (Hong Kong) Bitangel.com /Chandler Guo (China) BitClub Network (Hong Kong) Bitcoin.com (St. Kitts & Nevis) - Roger Ver's site, promised to support BCH on 2017-11-09. Bitex (Argentina) bitFlyer (Japan) Bitfury (United States) Bitmain (China) - Jihan Wu's company, signed "quit" message 2017-11-08. BitPay (United States) - CEO Stephen Pair asked S2X to give up on 2017-??-??. BitPesa (Kenya) BitOasis (United Arab Emirates) Bitso (Mexico) Bitwala (Germany) Bixin.com (China) Blockchain (UK) Bloq (United States) - Jeff Garzik's company, signed "quit" message 2017-11-08. btc.com (China) BTCC (China) BTC.TOP (China) BTER.com (China) Circle (United States) Civic (United States) Coinbase (United States) Coins.ph (Phillipines) CryptoFacilities (UK) Decentral (Canada) Digital Currency Group (United States) F2Pool (China) - withdrew from NYA on 2017-??-??. Filament (United States) Gavin Andresen (United States) Genesis Global Trading (United States) Genesis Mining (Hong Kong) GoCoin (Isle of Man) Grayscale Investments (United States) Guy Corem (Israel) Jaxx (Canada) - withdrew from NYA on 2017-??-??. Korbit (South Korea) Luno (Singapore) MONI (Finland) Netki (United States) OB1 (United States) Purse (United States) Ripio (Argentina) Safello (Sweden) SFOX (United States) ShapeShift (Switzerland) - Eric Vorhees company, signed "quit" message 2017-11-08. surBTC (Chile) - Added BCH trading on 2017-11-13 or so. Unocoin (India) Vaultoro (Germany) Veem (United States) ViaBTC (China) Wayniloans (Argentina) Xapo (United States) - Wences Casares's company, signed "quit" message 2017-11-08. Yours (United States) - Ryan X. Charles, Switched to Bitcoin Cash on 2017-??-?? 
submitted by jstolfi to btc [link] [comments]

OKCoin fraud and forgery: full timeline

TL;DR
The CEO of OKCoin forged a contract to get out of paying Roger Ver $10K/month to rent bitcoin.com - PGP signed emails and Adobe PDF signed documents prove the forgery.
Original documents: https://www.dropbox.com/sh/wgmz9ofhq8kymhs/AADOd0QGEL8RvnKoeCKtPBKna?dl=0
Cryptographic analysis: https://docs.google.com/a/wiz.biz/document/d/12kYEn24Ypi1UlkXjS4js049SqitmyZQyFu_eQcV8P48/edit?usp=sharing
Background
Conflict
Timeline
December 15, 2014
December 16, 2014
December 18, 2014
January 28, 2015
January 29, 2015
January 30, 2015
February 1, 2015
February 6, 2015
February 25, 2015
April 6, 2015
April 7, 2015
April 27, 2015
May 1, 2015
May 7, 2015
May 12, 2015
May 13, 2015
Jack makes various claims:
Star makes various claims:
May 14, 2015
May 15, 2015
May 21, 2015
https://docs.google.com/a/wiz.biz/document/d/12kYEn24Ypi1UlkXjS4js049SqitmyZQyFu_eQcV8P48/edit?usp=sharing
submitted by jmaurice to Bitcoin [link] [comments]

12-12 19:22 - 'CTO of bitcoin.com: "Bitcoin is virtually unusable" "Bitcoin Cash is the future"' (self.Bitcoin) by /u/TexBoo removed from /r/Bitcoin within 12-22min

'''
--This article was in my news fee on my phone when I swipe to the side from BreakIT (Swedish news?)
Article is in swedish and is located here: [link]1
Is this simply a scare scheme for bitcoin users so the CTO (Emil) hope that BTC prices go down a bit so he can buy more? He says that Bitcoin Cash is the future
Below is just Google translated from the article.
The office is small and colorless. A room, a few chairs and tables, computers. On one wall, television screens with crypto exchange rates are being updated in real time.
Bitcoin.com's Tokyo premises are far from any glamorous tech office at La Stureplan.
However, very large sums of money flow through the premises, there is no doubt.
Emil Oldenburg, co-founder and technical director at bitcoin.com, has lived in Tokyo for the past three years. He reports that several of the company's employees have become major winners of the sharp increase in bitcoins in recent years.
"We pay all our 60 employees in bitcoins," explains Emil Oldenburg.
"All my salary over the last three years has been in bitcoin."
A smart move, with a hand in hand.
Bitcoin.com is a site that revolves around everything that has to do with bitcoin. The company, which has its headquarters in the paradise island of St. Kitts, has news writers guarding the bitcoin world, an online casino for people who want to play with their bitcoins and break their own bitcoins via a so-called "mining pool".
The company has several types of revenue bones linked to the site, but the latter branch, the creation of new bitcoins, is the big deal.
Emil Oldenburg does not want to reveal any figures, but says that it is "terribly a lot of money".
"But then we have miners who are connected to us who always have to pay regardless of whether we manage to break a few blocks. Sometimes we go plus, sometimes back depending on how many blocks we break per month. It will be a bit like a lottery for us "he says, without revealing how much he himself has drawn onto the bitcoin sharpen.
As most people know at this point, bitcoin technology is complicated. But simplified, a "mining" in their network is a person who helps to develop new bitcoins.
"One example is that it is run by people aged 25-40 who live somewhere where there is cheap electricity, such as China, and has type 10,000 computers in a giant server hall. It's a very big operation, and usually people have capital investors in the back, "says Emil Oldenburg.
Bitcoin.com was launched in 2015. Bitcoin Investor Roger Ver had bought the attractive domain for a secret bitcoin a few years earlier, wondering if Emil wanted to help him build the business.
Today, the company has several million unique visitors each month, according to its own task.
The fact that the interest in cryptography and blockchain technology has exploded since its founding is no doubt. Emil Oldenburg, who previously joined the Swedish bitcoin broker Safello, said that there are very many "jokes" in the industry today, and he raises a warning's finger for anyone who wants to enter the race.
It's got to be really source-critical, he explains.
"There was something that annoyed us quite a lot at Safello when we started it. We did everything properly, to get all the permits you needed. At the same time as many other kidders came off shortcuts and do things oscillously."
In addition, he raises an extraordinary warning finger for the most sharpened cryptovalutan of all of them - that is, bitcoin, BTC.
"An investment in bitcoin right now I would say is the most risky investment you can make. It is an extremely high risk. I've actually sold all my bitcoins recently and switched to bitcoin cash, "he says.
The reason why Oldenburg chooses to invest in the newer cross-currency bitcoin cash is, like most in this industry, complicated. In short, though, there is a limitation on how many transactions bitcoins can be done in the second, seen as the "block" design.
The result will be very high fees and long waiting times for transactions.
"It costs a lot to transfer bitcoins to and from the stock exchanges. When I sold my BTC I had to pay 50 dollars and wait 12 hours for the transaction to go through because of this. It's completely unreasonable, "he says.
In other words, the charges and transaction times make the "currency" turned out to be unusable in practice.
The rate could potentially increase if changes are made. But according to Emil Oldenburg, there are no plans to implement such changes in the old BTC network.
"It's a group of fanatic bitcoin talibans who themselves do not use bitcoin everyday to want it like this. They see bitcoin like digital gold and a technical experiment, not something you should actually use. It will never be a currency used in everyday life or for people who run companies. "
1007/5000 595 tecken för mycket (får vara högst 5000 tecken):ÖVERSÄTT MER e väldigt höga avgifterna och långa väntetiderna vid överföringar. Helt enkelt eftersom de flesta bara har köpt på sig bitcoin – men aldrig sålt eller handlat med dem. “Folk har inte fattat det. Så fort folk inser att det är så här det fungerar så kommer man att börja sälja av.” “Det gamla bitcoin-nätverket är så gott som oanvändbart.” Du tror alltså inte att bitcoin kommer att bli den världsvaluta som vissa hoppas på? “Nej, det tror jag inte. Inte så länge nätverket styrs av den här gruppen som jag nämnde. Det är hos bitcoin cash som lösningarna finns, det är där jag ser en framtid.” "We have actually stopped developing new services for the old bitcoin network now and focus mostly on bitcoin cash. There it only costs 10 öre to send and no waiting times. The only backside is that bigger hard drives are required, but it's not a problem for most. "
According to Emil Oldenburg, the vast majority have not yet understood that bitcoins in practice have very low user-friendliness, due to the very high charges and long waiting times for transfers. Simply because most have just bought bitcoin - but never sold or traded with them.
"People have not taken it. As soon as people realize that this is how it works, one will start selling. "
"The old bitcoin network is virtually unusable."
You do not think that bitcoin will be the world currency some hope for?
"No I do not think so. Not as long as the network is controlled by this group as I mentioned. It's at bitcoin cash that the solutions are there, that's where I see a future. "
"TLDR": BTC equals to high transaction fees and long wait times, Bitcoin cash is the future and "The old bitcoin network is virtually unusable."
'''
CTO of bitcoin.com: "Bitcoin is virtually unusable" "Bitcoin Cash is the future"
Go1dfish undelete link
unreddit undelete link
Author: TexBoo
1: www*br*akit.se/**ti*el/*03*2/sv**sk**oldi*-b*ko*-bi*coin-**m-bitcoin-a*-*anvandbart-jag-h**-sal*-***t
Unknown links are censored to prevent spreading illicit content.
submitted by removalbot to removalbot [link] [comments]

[uncensored-r/Bitcoin] CTO of bitcoin.com: "Bitcoin is virtually unusable" "Bitcoin Cash is the future"

The following post by TexBoo is being replicated because the post has been silently removed.
The original post can be found(in censored form) at this link:
np.reddit.com/ Bitcoin/comments/7jd148
The original post's content was as follows:
--This article was in my news fee on my phone when I swipe to the side from BreakIT (Swedish news?)
Article is in swedish and is located here: https://www.breakit.se/artikel/10332/svensk-doldis-bakom-bitcoin-com-bitcoin-ar-oanvandbart-jag-har-salt-allt
Is this simply a scare scheme for bitcoin users so the CTO (Emil) hope that BTC prices go down a bit so he can buy more? He says that Bitcoin Cash is the future
Below is just Google translated from the article.
The office is small and colorless. A room, a few chairs and tables, computers. On one wall, television screens with crypto exchange rates are being updated in real time.
Bitcoin.com's Tokyo premises are far from any glamorous tech office at La Stureplan.
However, very large sums of money flow through the premises, there is no doubt.
Emil Oldenburg, co-founder and technical director at bitcoin.com, has lived in Tokyo for the past three years. He reports that several of the company's employees have become major winners of the sharp increase in bitcoins in recent years.
"We pay all our 60 employees in bitcoins," explains Emil Oldenburg.
"All my salary over the last three years has been in bitcoin."
A smart move, with a hand in hand.
Bitcoin.com is a site that revolves around everything that has to do with bitcoin. The company, which has its headquarters in the paradise island of St. Kitts, has news writers guarding the bitcoin world, an online casino for people who want to play with their bitcoins and break their own bitcoins via a so-called "mining pool".
The company has several types of revenue bones linked to the site, but the latter branch, the creation of new bitcoins, is the big deal.
Emil Oldenburg does not want to reveal any figures, but says that it is "terribly a lot of money".
"But then we have miners who are connected to us who always have to pay regardless of whether we manage to break a few blocks. Sometimes we go plus, sometimes back depending on how many blocks we break per month. It will be a bit like a lottery for us "he says, without revealing how much he himself has drawn onto the bitcoin sharpen.
As most people know at this point, bitcoin technology is complicated. But simplified, a "mining" in their network is a person who helps to develop new bitcoins.
"One example is that it is run by people aged 25-40 who live somewhere where there is cheap electricity, such as China, and has type 10,000 computers in a giant server hall. It's a very big operation, and usually people have capital investors in the back, "says Emil Oldenburg.
Bitcoin.com was launched in 2015. Bitcoin Investor Roger Ver had bought the attractive domain for a secret bitcoin a few years earlier, wondering if Emil wanted to help him build the business.
Today, the company has several million unique visitors each month, according to its own task.
The fact that the interest in cryptography and blockchain technology has exploded since its founding is no doubt. Emil Oldenburg, who previously joined the Swedish bitcoin broker Safello, said that there are very many "jokes" in the industry today, and he raises a warning's finger for anyone who wants to enter the race.
It's got to be really source-critical, he explains.
"There was something that annoyed us quite a lot at Safello when we started it. We did everything properly, to get all the permits you needed. At the same time as many other kidders came off shortcuts and do things oscillously."
In addition, he raises an extraordinary warning finger for the most sharpened cryptovalutan of all of them - that is, bitcoin, BTC.
"An investment in bitcoin right now I would say is the most risky investment you can make. It is an extremely high risk. I've actually sold all my bitcoins recently and switched to bitcoin cash, "he says.
The reason why Oldenburg chooses to invest in the newer cross-currency bitcoin cash is, like most in this industry, complicated. In short, though, there is a limitation on how many transactions bitcoins can be done in the second, seen as the "block" design.
The result will be very high fees and long waiting times for transactions.
"It costs a lot to transfer bitcoins to and from the stock exchanges. When I sold my BTC I had to pay 50 dollars and wait 12 hours for the transaction to go through because of this. It's completely unreasonable, "he says.
In other words, the charges and transaction times make the "currency" turned out to be unusable in practice.
The rate could potentially increase if changes are made. But according to Emil Oldenburg, there are no plans to implement such changes in the old BTC network.
"It's a group of fanatic bitcoin talibans who themselves do not use bitcoin everyday to want it like this. They see bitcoin like digital gold and a technical experiment, not something you should actually use. It will never be a currency used in everyday life or for people who run companies. "
1007/5000 595 tecken för mycket (får vara högst 5000 tecken):ÖVERSÄTT MER e väldigt höga avgifterna och långa väntetiderna vid överföringar. Helt enkelt eftersom de flesta bara har köpt på sig bitcoin – men aldrig sålt eller handlat med dem. “Folk har inte fattat det. Så fort folk inser att det är så här det fungerar så kommer man att börja sälja av.” “Det gamla bitcoin-nätverket är så gott som oanvändbart.” Du tror alltså inte att bitcoin kommer att bli den världsvaluta som vissa hoppas på? “Nej, det tror jag inte. Inte så länge nätverket styrs av den här gruppen som jag nämnde. Det är hos bitcoin cash som lösningarna finns, det är där jag ser en framtid.” "We have actually stopped developing new services for the old bitcoin network now and focus mostly on bitcoin cash. There it only costs 10 öre to send and no waiting times. The only backside is that bigger hard drives are required, but it's not a problem for most. "
According to Emil Oldenburg, the vast majority have not yet understood that bitcoins in practice have very low user-friendliness, due to the very high charges and long waiting times for transfers. Simply because most have just bought bitcoin - but never sold or traded with them.
"People have not taken it. As soon as people realize that this is how it works, one will start selling. "
"The old bitcoin network is virtually unusable."
You do not think that bitcoin will be the world currency some hope for?
"No I do not think so. Not as long as the network is controlled by this group as I mentioned. It's at bitcoin cash that the solutions are there, that's where I see a future. "
"TLDR": BTC equals to high transaction fees and long wait times, Bitcoin cash is the future and "The old bitcoin network is virtually unusable."
submitted by censorship_notifier to noncensored_bitcoin [link] [comments]

Truth Behind the Dispute Between Roger Ver and OKCoin.

With some analysis, it's not hard to see the truth. Here is a deeper look at the dispute between OKCoin and Roger Ver! Let’s get past the basics quickly to the juicy bits!
Here comes the interesting bits:
Important, OKCoin (Jack Liu) received, reviewed and discussed with Roger Contract v7, specifically the termination at this date, after CZ publicly resigned. Handover process seems to be complete and smooth.
Early May
May 13 - Turning Point
Guess what, OKCoin never made good. Classic, in the same email, OKCoin (Jack Liu) swiftly went back on his own words:
Excuse 1. Rumors affects your payment on a contract?
Wow, just wow!!! Denying your own existence? Have you looked at your own website?
https://www.okcoin.com/about/index.do
“OKCoin was founded in 2013 and received a US$1m Angel Investment from Ventures Lab and Silicon Valley Venture Capitalist Tim Draper.
Excuse 4. Which entity did you use to pay before?
Wait!!! but you have, Jack! On Feb 23, 2015, Jack wrote: “Hi Roger, Star passed this over to me to arrange with you.”
Man up, Head of International, take responsibility!
Hello? Shouldn’t the company be investigating Jack Liu for wrongdoing instead, or Star himself?
May 14
From Jack Liu
May 14 - The King Appears
From Star Xu
Wait, CZ doesn’t work for you anymore. He resigned 3 months ago.
Wait, wait, wait! No! You told Jack! If you can’t remember, almighty King, here it is again:
On Feb 23, 2015, Jack wrote: “Hi Roger, Star passed this over to me to arrange with you…”
Please remember Feb 23, guys! After CZ resigned! You read the contract. Hello? They just seem to keep forgetting this.
Mr. King, if you have to find someone to blame. Jack is probably a much easier escape-goat than CZ. Jack probably doesn't know how to use PGP to protect himself. lol
May 15 - Fake Lawyer Appears
Interestingly, the non-English speaking lawyer signs the email not with a Chinese name, but with an English name.
People on Reddit points out the writing style of this mysterious lawyer is suspiciously similar to Star Xu’s writing style.
This mysterious lawyer has an OKCoin email address, but OKCoin has no in-house legal counsel.
A search on the Beijing government official lawyer database turned up only one lawyer with a matching name in pronunciation. This guy:
http://www.bjsf.gov.cn/publish/portal0/tab196/?itemid=10942850
According to his firm’s page:
http://www.jingzecn.com/info/chn/20121220/20121220152747.shtml
He is a Partner at his firm, and specializes in agriculture and land. It is highly unlikely that he is the lawyer for OKCoin, or even suitable for it.
Would any licensed lawyer agree to practice law in a language they don’t understand using Google Translate?
Now, has Star Xu or Jack Liu impersonated a lawyer? In addition to forging a document?
WOW!
Well, I think we can safely assume it won't take long for Roger’s Chinese speaking lawyer to verify this.
May 15 - Let’s Re-Confirm the Lawyer, Just One More Time
From Star Xu
Great, we got that.
May 17
From Li Yajun, the OKCoin "Lawyer", a simple and powerful response!
Does this sound like a King talking?
May 17 - Star Xu, the King, Steps Back In
From Star Xu:
Now he is eager to show the world again.
No King, the only person who could possibly lie to you about the contract terms is Jack, or yourself.
Important Note: this is BEFORE Contract_v8 dispute appeared. Star is already accusing Roger and CZ of lying, and/or colluding.
No, you didn’t! That’s how we got here.
You turned down ads yourself, while maintained footer link to OKCoin.com.
Okay, enough! You turned down Safello and ANX, who are willing to be paying customers. Why? Just because they are also bitcoin exchanges?
Two emails later, still from the King.
So now, the in-house lawyer with an OKCoin email address does not know the details of the company anymore?
What??? CEO of OKCoin, have you seen your own website. “OKCoin.com is operated by our Singapore company…”
Damn, I can’t count how many problems there are in that one statement. Your employee setup a personal company? Just to get a bank account, for OKCoin? Sounds like an end-run on the banking regulations in SG. Is that legal? I am sure Roger’s lawyers would be happy to check on that for you.
So now you want a new contract?
Why would you need lawyers when negotiating contracts?
I think we covered both of these points before. But keep repeating that! Very soon, it will be true!
Coming of CEO of OKCoin, you should resign, right now! Which CEO in history claimed their company do not exist? It's one thing coming from Jack, but very different coming from a CEO.
So, now you don’t want to go public. Understandably yes. But, you still went public first, with your pathetic blog post.
May 20,
King Becomes the “small bitcoin guy”, When He Forges a Document? Does this make sense from a psychological point of view? Trying to be small after you commit a crime? Honestly, I am not sure. I am not an expert.
From Star Xu:
But then proceeds to make a threat a few lines later:
Now, that's a very credible threat, and very considerate of you for Roger's reputation. OKCoin did go public first! Roger’s reputation seems to be just fine.
Oh now, you finally find a different version of the contract.
New is the key word here. Because it is indeed a brand NEW version of the contract you just created. It sure is interesting, for you.
So your assistant had THE copy the whole time? And you didn't know? Nice assistant! Or did she just bring it over to you from the printer?
Now, isn’t that convenient for you? You suddenly have a way to cancel the contract now.
In the entire contract, there are no spelling errors. In the last new statement, “givin” is spelled wrong! Typed it up in too much of a hurry?
OMG, do you take all of us as idiots? No, there is an obvious third, and only reason. You forged it, Mr. King.
You really like claw backs, Mr. King? Not going to be easy to claw back this one. This is not your shady futures exchange anymore. Wake up!
May 22 - Photoshop Time
Still from Star Xu:
Collage? Colleague? Did you just finish searching for a photoshop software, and the auto-correct remembered it?
Now you want to show again? Eager to show off your new photoshop project to the world? I thought you wanted to protect Roger’s reputation?
May 23 - Hello Digital Signatures
From Roger:
Oh damn! Fk! Sh!t! You didn’t see that one coming, did you? Suddenly, your little pet Collage project doesn’t look so hot anymore, does it?
Pretending to be a CTO turns out to be harder than pretending to be a lawyer, huh? CZ PGP signs emails he sends out. Try forging that, you liar!
Same day, From Star:
Oh dear, where is CZ when I need him the most, to take the blame!
So, let me get this straight. You are saying: “Roger and CZ signs a contract in Dec. CZ then stays at the company for 3 more months, after OKCoin makes 3 payments. When CZ resigns on Feb 17th, CZ leaves a signed Contract_v8 with your assistant in physical form, while Roger emails a signed Contract_v7 in digital form to Jack Liu (and yourself) to check on Feb 23rd. Less than a week after CZ left."
You think Roger was colluding with CZ on this one to screw OKCoin. That makes total sense, doesn't it?
And for a contract that’s worth only $10k/month? For those two guys? Give me a break! I think they have better things to do.
Now you need him!
You sure did just get the 2nd version. But you got one of them, v7, at least on Feb 23. If you didn’t read that, which you certainly will say so. Check the email from Jack Liu. On May 13 “Our lawyer reviewed the contract…” “Our lawyer views this contract as null …”
Shouldn't you be asking "Jack, my new Head of International, what's the problem?"
Wait, you still owe him $40k USD in salary? WTF? And expects him to do what for you? Lie? Oh sorry, I forgot you are the KING!
Now, I am beginning to understand the differences in direction
May 23
Roger reminds Star he emailed the contract to “you [Star] and Jack back in Feb”.
Star Xu back in King mode:
Sure, Mr. King, if forging documents and faking to be lawyers are small things in your company, then I don't know what you are busy with. It certainly is strange.
submitted by cryptoanalyst1 to Bitcoin [link] [comments]

Reporte Semanal #3 Julio 2015 I Análisis de Mercado de Bitex.la

Durante la última semana la moneda digital operó la franja entre 297.44 USD y 275 USD. A partir de lo visto en las semanas previas podemos observar como el soporte en el área de los 270 USD se mantiene firme, la suba lateralizada de esta semana se podría completar con un movimiento ascendente si el precio finalmente logra romper la resistencia de los 300 USD.
https://d262ilb51hltx0.cloudfront.net/max/1130/1*p7l4dbetAWQiYxS9b1c0VQ.png
En su relativa corta historia, el bitcoin — y su tecnología subyacente, blockchain — han cautivado a los pensadores de todo el mundo, pero no todo el mundo se apresuró a ver su potencial.
Debido en parte a su facturación inicial como una amenaza para el ecosistema financiero tradicional, estas instituciones han respondido tal vez de manera comprensible con críticas afiladas y profundo escepticismo por la tecnología.
Mientras que las principales instituciones descubrieron que el bitcoin fue quizás mas problemático como moneda, creen que la blockchain, el protocolo que gestiona y facilita el intercambio de bitcoin, ofrece ventajas sobre sus sistemas de bases de datos cerrados.
Con esto en mente, los grandes actores financieros han comenzado a presentarse a discutir los experimentos con el blockchain de bitcoin y otros libros de contabilidad descentralizados.
Aunque queda por ver cómo evolucionan estos experimentos, es evidente que algunos de los bancos más famosos del mundo se están moviendo para aprovechar la tecnología.
Aquí están ocho de las mayores instituciones que hicieron público su interés hasta el momento:
  1. BNP Paribas
Según los informes, el banco francés BNP Paribas está estudiando la posibilidad de añadir bitcoin a uno de sus fondos en moneda, según el International Times Business.
  1. Société Générale (SocGen)
Otro de los bancos de Francia — el tercer más grande en términos de activos — está buscando contratar a un desarrollador bitcoin-centered.
Société Générale (SocGen) publicó un listado de trabajo el 2 de julio para una “TI desarrollador en Bitcoin, blockchains y cryptocurrencies”.
  1. Citi Bank
CoinDesk primero se enteró de que Citi había dicho al gobierno del Reino Unido que consideraria la creación de su propia moneda digital a través de una solicitud de Libertad de Información (FOI).
Ken Moore, director de los Laboratorios de Innovación de Citi, dijo más tarde a International Business Times que el banco había estado explorando la tecnología del libro mayor distribuido durante los últimos años.
  1. UBS
UBSSwiss banco de inversión de UBS anunció que estaba abriendo un laboratorio de investigación para la tecnología blockchain en uno de los principales distritos financieros de Londres a principios de este año.
En ese momento, UBS dijo que el trabajo llevado a cabo en el laboratorio de innovación buscará disminuir la brecha entre la banca y el FinTech a fin de determinar que forma tradicional de banca podría crecer a través de la innovación.
  1. Barclays
Apenas el mes pasado, Barclays, el banco multinacional británico reveló planes para la tecnología bitcoin.
Como se informó anteriormente por CoinDesk, el banco firmó una prueba de concepto tras un acuerdo con Safello, un intercambio bitcoin con sede en Suecia.
El objetivo del ejercicio, el banco dijo, era investigar cómo la tecnología blockchain podría fortalecer el sector de los servicios financieros.
  1. Goldman Sachs
Goldman Sachs publicó un informe sobre las monedas digitales el año pasado que puso en relieve el potencial de la tecnología blockchain.
Aunque este informe inicialmente rechazó la idea del bitcoin como moneda y lo etiquetó como una mercancía, un informe elaborado por los analistas de investigación de capital al año siguiente señaló que el bitcoin y otras cryptocurrencies eran parte de una “megatendencia”, que podría transformar la manera en la que las transacciones son llevadas a cabo.
  1. Banco Santander
El gigante bancario español ha estado experimentando con la tecnología blockchain.
Aunque su jefe de investigación y desarrollo debe revelar más detalles sobre su aplicación de la tecnología en el Consenso, ya tenemos una idea de la opinión que el banco tiene sobre la tecnología blockchain.
  1. Standard Chartered
Anju Patwardhan, director de innovación de Standard Chartered, recientemente llevó a LinkedIn para compartir su opinión sobre el blockchain de bitcoin, observando cómo podría ayudar a reducir las tarjetas de crédito, transferencias de dinero y costos de las remesas.
El CEO de Nasdaq Bob Greifeld ha sugerido que el mercado de valores estadounidense planea lanzar proyectos blockchain adicionales “en el futuro”.
Los comentarios son lo último de la empresa, que anunció sus planes a la tecnología blockchain como parte de su servicio de Mercado Privado en mayo. Nasdaq reveló en junio que había establecido una relación formal con los servicios blockchain.
En Declaraciones más recientes que Greifeld hizo en una conferencia telefónica en la que se hizo alusión a la estrategia de las bolsas de valores hacia la tecnología, según Bloomberg.
Greifeld dijo:
“La aplicación de la tecnología blockchain dentro del mercado privado de Nasdaq pretende modernizar, simplificar y realmente asegurar funciones administrativas engorrosas.”
Más detalles sobre el proyecto fueron revelados por el consejero delegado de la cadena Adam Ludwin, quien dijo en una entrevista con CoinDesk que las dos compañías han estado trabajando para poner a prueba la tecnología blockchain durante más de un año.
Hat tip en http://www.bloomberg.com/news/articles/2015-07-23/nasdaq-expects-to-be-first-exchange-to-use-bitcoin-technology
Un empresario bitcoin y un veterano de comercio se han unido en un proyecto blockchain que tiene como objetivo agilizar la forma en que se intercambian activos.
SETL utilizará su blockchain, que es “similar a la prueba de juego”, para que los participantes del mercado cortaron la web de los intermediarios en el sistema de post-negociación, ahorrándoles tiempo y dinero.
El proceso de compensación y liquidación actual exige a las empresas a operar a través de muchos libros de contabilidad diferentes a un costo total de $ 65–80bn anualmente.
El CEO Anthony Culligan es un ex-ejecutivo de JP Morgan y el fundador del intercambio peer-to-peer de bitcoin Roolo, que puso en marcha este mes de febrero. Peter Randall, el fundador de intercambio de renta variable europea de Chi-X, actuará como director de operaciones de la plataforma.
A diferencia de la blockchain del bitcoin, SETL funciona usando un libro de contabilidad ‘permissioned’ que requiere que todos los participantes revelen su identidad completa para pasar la diligencia debida.
Se espera que la plataforma alcanze velocidades de 100 mil transacciones por segundo, aunque la compañía dijo que sólo 5.000 se han logrado en las pruebas hasta ahora.
La idea de que la tecnología que subyace en el libro mayor distribuido de bitcoin alguna manera puede estar divorciada de la moneda digital ha sido objeto de debate durante algún tiempo, y fue de nuevo el foco de un nuevo artículo escrito por directores de tecnología de la consultora Accenture.
En un nuevo posteo del CIO Journal, los directores de Accenture, Owen Jeff y Sigrid Seibold ofrecieron sus reflexiones sobre cómo las instituciones pueden comenzar a aprovechar la tecnología en “entornos corporativos” y “mercados financieros”.
Jeff y Sigrid afirmaron que, debido al alto costo de pagar por las transacciones que requieren el consenso en el anonimato, las blockchains necesitan evolucionar más allá de la necesidad de una ficha natal. La crítica es notable en su similitud con argumentos popularizados por líderes de opinión más importantes de la industria como Tim Swanson y Robert Sams que se centran en el costo de la minería distribuida.
Jeff y Sigrid escribieron:
“Para ser utilizado por las instituciones financieras, incluidas las empresas de mercados de capital y las aseguradoras, blockchains deben suplantar los métodos costosos introducidos por Bitcoin con un mecanismo que garantice la seguridad, la privacidad y la velocidad sin pagar por consenso en el anonimato.”
Los representantes de Accenture sugirieron que una solución podría ser el permissioned distributed blockchains, de los cuales Ripple puede ser el ejemplo más notable.
La pieza pasa a hacer una serie de preguntas que todos dieron con una brecha cada vez mayor en la industria. Los defensores han argumentado desde hace tiempo que bitcoin — o algún criptomoneda — es esencial para el diseño de un blockchain, como los blockchains requieren un mecanismo para incentivar los registros distribuidos, un proceso que en la red Bitcoin es facilitado por los mineros en gran medida anónimos.
Accenture ha hecho anteriormente publico su interés en la tecnología, la última en su atractivo para el gobierno del Reino Unido para regular con más fuerza los proveedores de la cartera de divisas digitales.
Migración a blockchain
Obstruir el crecimiento de la tecnología, los escritores dijeron, también sera una decision clave de personas ajenas al ecosistema de la tecnología. Esto incluye la superación de lo que llamaron la falta de regulación que rodea a la industria y la falta de claridad en cuanto a si los contratos inteligentes serían exigibles por la ley.
Es de destacar que dado el reciente interés por grupos como Nasdaq es que los empleados de Accenture van a plantear la cuestión de cómo las clases de activos tradicionales podrían migrar a una red basada en blockchain.
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Safello aims for comeback with new bitcoin buying option[BIKINI]

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