Bitcoin ATM Malaysia – find bitcoin machine locations

Cryptocurrency coinbase bitcoin atm malaysia location

100% functional bitcoin atm machine in malaysia find location to convert btc myr ringgit update realtime price history cryptocurrency coinbase trade rate
submitted by farazkhanniazi to u/farazkhanniazi [link] [comments]

B4U Install Bitcoin ATM Machine in Malaysia

Cryptocurrencies is the new future. Paper money is on its last legs and because it’s a digital age cryptocurrency will take over the paper money. There are many kinds of cryptocurrencies available in the digital market and the most famous among them all is Bitcoin. It has taken the internet by storm since its inception in 2009. Because the bitcoin is in demand buying and selling of it is not at all easy and cheap. If you buy the bitcoins from local exchange they charge you the heavy fee but we know of a place from where the cheap buying of bitcoins is possible. That place is in Malaysia and the place is called B4U.
B4U Has the digital coins available.
The Bitcoin ATM machine belongs to B4U and this company is that reputed and respected company which you can trust. They know their business and they do it well. The best part about buying the bitcoin from here is you won’t be charged much and the process of buying the cryptocurrency is pretty handy. Just get to the machine and get in line to financial prosperity.
Multiple Options for Digital Currency Lovers.
Not just Bitcoins you can buy other cryptocurrencies using cash or your debit card from this ATM machine .
Read More
submitted by B4U_Wallet_Exchange to btc [link] [comments]

B4U Install Bitcoin ATM Machine in Malaysia

Cryptocurrencies is the new future. Paper money is on its last legs and because it’s a digital age cryptocurrency will take over the paper money. There are many kinds of cryptocurrencies available in the digital market and the most famous among them all is Bitcoin. It has taken the internet by storm since its inception in 2009. Because the bitcoin is in demand buying and selling of it is not at all easy and cheap. If you buy the bitcoins from local exchange they charge you the heavy fee but we know of a place from where the cheap buying of bitcoins is possible. That place is in Malaysia and the place is called B4U.
B4U Has the digital coins available.
The Bitcoin ATM machine belongs to B4U and this company is that reputed and respected company which you can trust. They know their business and they do it well. The best part about buying the bitcoin from here is you won’t be charged much and the process of buying the cryptocurrency is pretty handy. Just get to the machine and get in line to financial prosperity.
Multiple Options for Digital Currency Lovers.
Not just Bitcoins you can buy other cryptocurrencies using cash or your debit card from this ATM machine .
Read More
submitted by B4U_Wallet_Exchange to dogecoin [link] [comments]

Numoni Launches First Bitcoin ATM Machine in Malaysia

Numoni Launches First Bitcoin ATM Machine in Malaysia submitted by xatoshi to Bitcoin [link] [comments]

First bitcoin ATM in Malaysia!

First bitcoin ATM in Malaysia! submitted by black-boy to Bitcoin [link] [comments]

List of Physical Stores where you can Buy or Sell bitcoin

There are a number of foreign currency exchanges and other places where there's a "storefront"/branch and an actual teller or other staff where you can just walk up and do a bitcoin buy and/or sell. But I don't think there's ever been a list of them compiled. Lots of location discoveries get shared on social media, like this one, bu there is just no comprehensive list anywhere. So that's what I'ld like to do here. If you know of a location please comment with the name or some details.
Physical stores and Trading Spaces
Europe, Middle East, and Africa:
North America:
Asia-Pacific:
Vouchers (retail)
Gift Cards
Vending
Hardware wallet sales locations (Note: It's always more secure to buy direct from the manufacturer)
There are also over-the counter (OTC) traders, who may or may not have a fixed location, but are not considered to be "physical stores":
Please share your additions, corrections, or comments.
submitted by cointastical to Bitcoin [link] [comments]

IQ stock broker is a Forex & bitcoin Company in USA Founded in 2012 by a team of highly motivated professionals who are very passionate about trading on the world’s financial market, and are keen on empowering

Bitcoin, Cryptocurrency, forex, make money, online trade, stock exchange
IQ Stock Broker
IQ stock broker is a Forex & bitcoin Company in USA Founded in 2012 by a team of highly motivated professionals who are very passionate about trading on the world’s financial market, and are keen on empowering others on the same bailiwick. Binary options, or digital options, have continued to gain popularity in the past decade, many ambitious traders see binary options as their preferred choice of investment vehicle in this time of market instability. “IQ Stock Broker” stands out as a leader among the brokers out there with a team that is made up of professionals with experience in Binary trading, risk management, derivatives and international laws and legislation. Their combined knowledge and experience trumps that held by most operators in the market. Learn about bitcoin price in USD here and convert bitcoin to dollar, bitcoin to pounds, bitcoin to euro, bitcoin to yen, bitcoin to naira. Create your own bitcoin wallet. 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This makes it easy to trade from anywhere… at any time. You don’t need to have any previous trading experience to get going. It is as easy as 1-2-3. The interface is remarkably user friendly. We have worked hard to ensure processes are fast and intuitive. Using our platform, customers can trade on options such as currencies, indices, stocks and commodities round the clock. We provide the most flexible pricing and the most suitable options on the market among all the Forex & Bitcoin companies in USA. Our objective is to make the trading process as simple and profitable as possible for all level of trader. Our team consists experienced professionals with backgrounds in binary trading, derivatives, risk management, payment processing as well as international laws and legislation. Contact us for Bitcoin, Cryptocurrency, forex, make money, online trade, stock exchange. IQ stock broker is listed in American Stock Exchange.
https://iqstockbroker.com
Register with us here https://iqstockbroker.com/register
then login here https://iqstockbroker.com/login
submitted by IQstockbroker to u/IQstockbroker [link] [comments]

Best bitcoin wallet in malaysia coinbase & luno review

Make money with cryptocurrency mining opportunity with guideline best bitcoin wallet in malaysia coinbase & luno review with atm debit card cash out
submitted by farazkhanniazi to u/farazkhanniazi [link] [comments]

CryptOcean Project News Digest

CryptOcean Project News Digest
https://preview.redd.it/ii9979gex1241.jpg?width=1200&format=pjpg&auto=webp&s=faed0abb9f7ce52ea6017117c216a41e279affde
Dear friends! During November, many important for the CryptOcean project events took place, which we present to you in our digest.

MultiPass Resource Launch

The most important stage for the development of the entire CryptOcean ecosystem — MultiPass has reached the finish line! Already in December, each user of CryptOcean services can take advantage of the unique opportunity of quick one-click verification thankfully to the MultiPass solution.
In the near future, an entry for testing the service will be open.

Integration of CRON and Ethereum coins in my.bitchange.online service

As previously announced, the CRON coin was integrated into my.bitchange.online service. Now users have the opportunity to exchange cryptocurrencies for fiat and deposit/withdraw funds in the service using Bitcoin, Ethereum and CRON. In the near future, we also plan to connect other popular cryptocurrencies to the service.

Final CryptOcean Mobile Wallet Testing

Using all CryptOcean services and carrying out any operations with a CRON coin has become even easier! The CryptOcean mobile application for the Android and IOS operating systems is already undergoing the final testing stage and will be available for download on the Play Market and App Store by the end of 2019.

Listing of the CRON coin on the Velvet exchange

In November, Velvet Exchange listed CRON coins.
Currently, there are CRON/USD and CRON/EUR trading pairs available on the exchange.
Velvet Exchange is a licensed regulated digital platform that provides its customers with all the tools and functions for trading — a liquid platform with low commissions, on which a huge domestic sector is built to expand business opportunities and connections. The Velvet Cryptocurrency Exchange includes a legally licensed exchange of cryptocurrencies for fiat and a virtual currency wallet service in Estonia. In addition, Velvet Exchange has a multi-purpose Stored Value Facilities (SVF) license in Singapore (similar to EMI in Europe) and may provide other related financial services in the Asian region.
Velvet uses low fees for deposit/withdraw and trading: both companies and private traders can deposit euros with a commission of 0% and withdraw with a commission of 0.5% + 5 EUR. At the same time, the commission fee decreases as trading volumes increase and can decrease to 0% for the producer and 0.001% for the buyer.

First CryptOcean Cryptocards Transactions

The first lucky ones participating in the CryptOcean test program have already received a limited series of plastic cards and pay with them in stores, on the Internet and even withdraw cash from ATMs! We successfully tested the CryptOcean card and appreciated all its advantages, so did our Asian clients at a conference in Malaysia. Until December 2, we plan to launch mass issues of cards, as well as finalize an algorithm that will allow CryptOcean users to directly issue a card from Bitchange’s personal wallet, replenish its balance and perform any other service operations.
You can pre-order the CryptOcean card here: https://preorder.cryptocean.io

Presentation of the CRON.VPN Product

Now you do not need to worry that when working in public networks (cafes, airports, hotels) the privacy of your data will be at risk. CRON.VPN is a service developed by CryptOcean experts based on the WireGuard solution, which ensures the security of data transfer when working on any network by providing the user with a secure VPN connection through our own servers in the UK.
For CRON.VPN to work, it’s enough to have a wallet with a CRON coin, a Telegram messenger and an installed WireGuard software package on each of the devices. There is a simple partner program provided for all users, which allows you to earn up to 33% of all referral payments directly to your CRON wallet. You can get more information about CRON.VPN here: https://t.me/@CronVpnBot

The first exchanges on our own cryptocurrency exchange

As we promised, the first applied traders were able to use the beta functionality of our cryptocurrency exchange. Based on the results of the first test exchanges, it was decided to expand the functionality of the exchange for the end-user. The final version of the CryptOcean exchange with public access will be available at the end of January 2020.

Opening of the CRON GLOBAL subsidiary office in Minsk (Belarus)

This month, the company CRON GLOBAL LLC was registered and an additional office was opened in the city of Minsk (Belarus). After legal and other formalities are completed, we plan to expand the technical support staff. Currently, we need the following specialists in Minsk:
- System Administrator;
- Technical support service specialists (with knowledge of English/German or Chinese);
- Call center specialists (with knowledge of English/German or Chinese);
You can send your resume to us by e-mail: [email protected]

Announcement of European and Asian CryptOcean conferences

In the very first decade of December, we will prepare for you a press release with a description of new CryptOcean products, as well as prepare a program for announcements of new conferences of the CryptOcean project in Europe and Southeast Asia in December 2019.
Together we will make the digital world more comfortable!
Yours respectfully,
CryptOcean Team
submitted by CryptOcean_official to u/CryptOcean_official [link] [comments]

CryptOcean Project News Digest

CryptOcean Project News Digest

https://preview.redd.it/h02vegtfy1241.jpg?width=1200&format=pjpg&auto=webp&s=d9fcc317ec9b2d9386bc83cd3a2104cd95d69799
Dear friends! During November, many important for the CryptOcean project events took place, which we present to you in our digest.

MultiPass Resource Launch

The most important stage for the development of the entire CryptOcean ecosystem — MultiPass has reached the finish line! Already in December, each user of CryptOcean services can take advantage of the unique opportunity of quick one-click verification thankfully to the MultiPass solution.
In the near future, an entry for testing the service will be open.

Integration of CRON and Ethereum coins in my.bitchange.online service

As previously announced, the CRON coin was integrated into my.bitchange.online service. Now users have the opportunity to exchange cryptocurrencies for fiat and deposit/withdraw funds in the service using Bitcoin, Ethereum and CRON. In the near future, we also plan to connect other popular cryptocurrencies to the service.

Final CryptOcean Mobile Wallet Testing

Using all CryptOcean services and carrying out any operations with a CRON coin has become even easier! The CryptOcean mobile application for the Android and IOS operating systems is already undergoing the final testing stage and will be available for download on the Play Market and App Store by the end of 2019.

Listing of the CRON coin on the Velvet exchange

In November, Velvet Exchange listed CRON coins.
Currently, there are CRON/USD and CRON/EUR trading pairs available on the exchange.
Velvet Exchange is a licensed regulated digital platform that provides its customers with all the tools and functions for trading — a liquid platform with low commissions, on which a huge domestic sector is built to expand business opportunities and connections. The Velvet Cryptocurrency Exchange includes a legally licensed exchange of cryptocurrencies for fiat and a virtual currency wallet service in Estonia. In addition, Velvet Exchange has a multi-purpose Stored Value Facilities (SVF) license in Singapore (similar to EMI in Europe) and may provide other related financial services in the Asian region.
Velvet uses low fees for deposit/withdraw and trading: both companies and private traders can deposit euros with a commission of 0% and withdraw with a commission of 0.5% + 5 EUR. At the same time, the commission fee decreases as trading volumes increase and can decrease to 0% for the producer and 0.001% for the buyer.

First CryptOcean Cryptocards Transactions

The first lucky ones participating in the CryptOcean test program have already received a limited series of plastic cards and pay with them in stores, on the Internet and even withdraw cash from ATMs! We successfully tested the CryptOcean card and appreciated all its advantages, so did our Asian clients at a conference in Malaysia. Until December 2, we plan to launch mass issues of cards, as well as finalize an algorithm that will allow CryptOcean users to directly issue a card from Bitchange’s personal wallet, replenish its balance and perform any other service operations.
You can pre-order the CryptOcean card here: https://preorder.cryptocean.io

Presentation of the CRON.VPN Product

Now you do not need to worry that when working in public networks (cafes, airports, hotels) the privacy of your data will be at risk. CRON.VPN is a service developed by CryptOcean experts based on the WireGuard solution, which ensures the security of data transfer when working on any network by providing the user with a secure VPN connection through our own servers in the UK.
For CRON.VPN to work, it’s enough to have a wallet with a CRON coin, a Telegram messenger and an installed WireGuard software package on each of the devices. There is a simple partner program provided for all users, which allows you to earn up to 33% of all referral payments directly to your CRON wallet. You can get more information about CRON.VPN here: https://t.me/@CronVpnBot

The first exchanges on our own cryptocurrency exchange

As we promised, the first applied traders were able to use the beta functionality of our cryptocurrency exchange. Based on the results of the first test exchanges, it was decided to expand the functionality of the exchange for the end-user. The final version of the CryptOcean exchange with public access will be available at the end of January 2020.

Opening of the CRON GLOBAL subsidiary office in Minsk (Belarus)

This month, the company CRON GLOBAL LLC was registered and an additional office was opened in the city of Minsk (Belarus). After legal and other formalities are completed, we plan to expand the technical support staff. Currently, we need the following specialists in Minsk:
- System Administrator;
- Technical support service specialists (with knowledge of English/German or Chinese);
- Call center specialists (with knowledge of English/German or Chinese);
You can send your resume to us by e-mail: [email protected]

Announcement of European and Asian CryptOcean conferences

In the very first decade of December, we will prepare for you a press release with a description of new CryptOcean products, as well as prepare a program for announcements of new conferences of the CryptOcean project in Europe and Southeast Asia in December 2019.
Together we will make the digital world more comfortable!
Yours respectfully,
CryptOcean Team
submitted by CryptOcean_official to Cryptocean [link] [comments]

CryptOcean Project News Digest

CryptOcean Project News Digest
CryptOcean Project News Digest
Dear friends! During November, many important for the CryptOcean project events took place, which we present to you in our digest.

MultiPass Resource Launch

The most important stage for the development of the entire CryptOcean ecosystem — MultiPass has reached the finish line! Already in December, each user of CryptOcean services can take advantage of the unique opportunity of quick one-click verification thankfully to the MultiPass solution.
In the near future, an entry for testing the service will be open.

Integration of CRON and Ethereum coins in my.bitchange.online service

As previously announced, the CRON coin was integrated into my.bitchange.online service. Now users have the opportunity to exchange cryptocurrencies for fiat and deposit/withdraw funds in the service using Bitcoin, Ethereum and CRON. In the near future, we also plan to connect other popular cryptocurrencies to the service.

Final CryptOcean Mobile Wallet Testing

Using all CryptOcean services and carrying out any operations with a CRON coin has become even easier! The CryptOcean mobile application for the Android and IOS operating systems is already undergoing the final testing stage and will be available for download on the Play Market and App Store by the end of 2019.

Listing of the CRON coin on the Velvet exchange

In November, Velvet Exchange listed CRON coins.
Currently, there are CRON/USD and CRON/EUR trading pairs available on the exchange.
Velvet Exchange is a licensed regulated digital platform that provides its customers with all the tools and functions for trading — a liquid platform with low commissions, on which a huge domestic sector is built to expand business opportunities and connections. The Velvet Cryptocurrency Exchange includes a legally licensed exchange of cryptocurrencies for fiat and a virtual currency wallet service in Estonia. In addition, Velvet Exchange has a multi-purpose Stored Value Facilities (SVF) license in Singapore (similar to EMI in Europe) and may provide other related financial services in the Asian region.
Velvet uses low fees for deposit/withdraw and trading: both companies and private traders can deposit euros with a commission of 0% and withdraw with a commission of 0.5% + 5 EUR. At the same time, the commission fee decreases as trading volumes increase and can decrease to 0% for the producer and 0.001% for the buyer.

First CryptOcean Cryptocards Transactions

The first lucky ones participating in the CryptOcean test program have already received a limited series of plastic cards and pay with them in stores, on the Internet and even withdraw cash from ATMs! We successfully tested the CryptOcean card and appreciated all its advantages, so did our Asian clients at a conference in Malaysia. Until December 2, we plan to launch mass issues of cards, as well as finalize an algorithm that will allow CryptOcean users to directly issue a card from Bitchange’s personal wallet, replenish its balance and perform any other service operations.
You can pre-order the CryptOcean card here: https://preorder.cryptocean.io

Presentation of the CRON.VPN Product

Now you do not need to worry that when working in public networks (cafes, airports, hotels) the privacy of your data will be at risk. CRON.VPN is a service developed by CryptOcean experts based on the WireGuard solution, which ensures the security of data transfer when working on any network by providing the user with a secure VPN connection through our own servers in the UK.
For CRON.VPN to work, it’s enough to have a wallet with a CRON coin, a Telegram messenger and an installed WireGuard software package on each of the devices. There is a simple partner program provided for all users, which allows you to earn up to 33% of all referral payments directly to your CRON wallet. You can get more information about CRON.VPN here: https://t.me/@CronVpnBot

The first exchanges on our own cryptocurrency exchange

As we promised, the first applied traders were able to use the beta functionality of our cryptocurrency exchange. Based on the results of the first test exchanges, it was decided to expand the functionality of the exchange for the end-user. The final version of the CryptOcean exchange with public access will be available at the end of January 2020.

Opening of the KRON GLOBAL subsidiary office in Minsk (Belarus)

This month, the company KRON GLOBAL LLC was registered and an additional office was opened in the city of Minsk (Belarus). After legal and other formalities are completed, we plan to expand the technical support staff. Currently, we need the following specialists in Minsk:
- System Administrator;
- Technical support service specialists (with knowledge of English/German or Chinese);
- Call center specialists (with knowledge of English/German or Chinese);
You can send your resume to us by e-mail: [email protected]

Announcement of European and Asian CryptOcean conferences

In the very first decade of December, we will prepare for you a press release with a description of new CryptOcean products, as well as prepare a program for announcements of new conferences of the CryptOcean project in Europe and Southeast Asia in December 2019.
Together we will make the digital world more comfortable!
Yours respectfully,
CryptOcean Team
submitted by TotalClub to Cryptocean [link] [comments]

What A Day: D'oh Biden by Brian Beutler, Priyanka Aribindi & Crooked Media (06/19/19)

"I was talking about farting"—Presidential candidate/world’s most awkward person John Hickenlooper

Bidenfreude

Joe Biden told an audience of donors in New York City that his tax policies wouldn’t “fundamentally change” things, including their quality of life, and waxed nostalgic about his working relationships with segregationists when he was a young senator. Guuuulp.
It has not gone over well! Here’s the full rundown.
Biden has been campaigning on his ability to reach consensus with Republicans. As evidence of this, he cited his relationships with now-deceased Sens. James Eastland (D-MS) and Herman Talmadge (D-GA). Biden said Eastland “never called me ‘boy,’ he always called me ‘son,’” and called Talmadge “one of the meanest guys I ever knew,” but added, “at least there was some civility. We got things done.”
Some problems with this!
Several Democratic presidential candidates have condemned Biden’s comments, including Kamala Harris, Cory Booker, Bernie Sanders, Elizabeth Warren, Beto O’Rourke, and Bill de Blasio.
Biden went on to assure his donors that they won’t assume much financial risk by supporting him. “No one’s standard of living will change, nothing would fundamentally change,” he said. But, “when we have income inequality as large as we have in the United States today, it brews and ferments political discord and basic revolution.”
Some problems with this!
There unfortunately aren’t many generous ways to interpret these comments. They have raised concerns across the party about what kind of nominee and president Biden would be, and so far he hasn’t sought to explain himself or walk the comments back. The good news: he’ll almost certainly face questions about them at next week’s debate. popcorn-eating.gif

Under the Radar

The number of refugees—people who’ve been forced to flee violence or persecution—has reached an all-time high of nearly 71 million people worldwide, and includes an estimated 13.6 million people who became refugees in the last year alone, according to the United Nations. Most of the world’s refugees come from just five countries: Syria, Afghanistan, South Sudan, Myanmar, and Somalia, and the greatest number of refugees live in Turkey, Pakistan, Uganda, Sudan, and Germany, respectively.
While presenting the report, the U.N. high commissioner for refugees criticized “inward looking,” wealthy countries, many of which have sought to close their borders to these displaced peoples. That includes, um, us.

What Else

Trump administration officials have tried to convince Congress that Iran has ties to al Qaeda, suggesting the White House may try to use a post-9/11 war authorization as a legal justification for attacking Iran over Congress’s objections. There’s every reason to be skeptical of the administration’s claims, and House Democrats underscored their skepticism by voting to repeal that authorization.
At a House subcommittee hearing on reparations, the writer Ta-Nehisi Coates called on Congress to “reject fair-weather patriotism, to say that a nation is both its credits and its debits,” and to create a commission to study ways the U.S. government can make amends for slavery and its legacy. Coates also rebutted Senate Majority Leader Mitch McConnell, who expressed his opposition to reparations on Capitol Hill this Tuesday.
President Trump’s former Communications Director Hope Hicks stonewalled Democrats during a closed-door interview with the House Judiciary Committee on Tuesday because White House lawyers barred her from answering any questions about her time in the White House. Hey Democrats: instead of hearings nobody can watch with witnesses you won’t force to testify, have you considered the opposite?
Speaking of which, House Democrats may have finally run out of patience with former Special Counsel Robert Mueller’s reluctance to testify, but they still haven’t subpoenaed him. Reminder, again: Republicans hauled former FBI Director Jim Comey up to the Hill within two days of his decision to close the Hillary Clinton email investigation. And you might have noticed Republicans are pretty good at this “winning elections” thing.
The Federal Reserve left interest rates unchanged today, resisting extraordinary and improper pressure from President Trump, who has suggested he might demote Fed Chair Jerome Powell, even though he does not have the legal authority to do so.
International prosecutors indicted three men with ties to Russian intelligence and implicated a senior aide to Vladimir Putin for shooting a missile at Malaysia Airlines Flight 17 over Ukraine in 2014, killing all 298 people on board.
The British research submarine Boaty McBoatface (this is what happens when you let the internet name things) discovered a significant link between Antarctic winds and rising sea temperatures. As the winds have grown stronger because of greenhouse gas buildup and the destruction of the ozone layer, they have caused more turbulence in waters, resulting in rising sea temperatures and sea levels. Not bad, Boaty. But, you know, bad in every other way.
Trans author, activist, and television producer Janet Mock signed a multimillion dollar deal with Netflix to write, direct, and executive produce projects that tell stories about underrepresented people. She is the first out trans woman of color to score a deal like this with a major studio.

What A Sponsor!

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Did You See That Thing?

Facebook confirmed this week that it has spent the past year working with 27 nonprofit, tech, and finance partners to create a cryptocurrency called “Libra.” Despite its classification as a cryptocurrency, Libra would be very different than Bitcoin. Facebook imagines it as a “new global currency standard” that’s stable, guaranteed by tangible assets, and part of a larger program that will be able to perform all the functions of a traditional bank (think accounts, loans, ATMs, etc.).
Facebook claims it wants to offer the service to benefit the developing world, and its 1.7 billion adults who don’t have access to banking. This, however, is the same logic it used to promote its plan to offer free internet around the world—a plan that came under fire for attempting to make developing countries dependent on Facebook for access to the internet. On top of that, Facebook’s laundry list of privacy scandals, the rampant misinformation on its platform, and the way it’s been used to subvert elections have naturally made people skeptical that the company should be entrusted with vulnerable people’s money. OTOH maybe we should just blindly trust Zuck again for the 40,000th time.

Is That Hope I Feel?

New York lawmakers have agreed to one of the most ambitious climate plans in the world. The legislation, called the “Climate Leadership and Community Protection Act,” calls for the state to eliminate almost all greenhouse gas emissions with the goal of making the state's economy carbon-free by 2050. Currently, New York sources only 60 percent of its electricity from carbon-free sources.

Enjoy

Kelly Weill on Twitter: ""my wiiiiiiiiiiiiiiiiiiiife""
submitted by kittehgoesmeow to FriendsofthePod [link] [comments]

Stellar Lumens HODL alert: 2017 Round up, Partnerships, Lumens vs. Other Cryptos

Welcome everyone! The future of Stellar Lumens is bright! Today we will look at the accomplishments of Stellar.org in 2017.
. .
2017 Round Up
IBM / Stellar Partnership
• Kik Messenger’s KIN coin to move from Ethereum to Stellar in 2018
• Stellar ATM introduced in Singapore
• Jed McCaleb confirms IBM/Stellar has 30 banks on board (Youtube Video)
Lightyear.io enables forward thinking financial entities to easily join the Stellar ecosystem.
• IBM adds 8 new validators from 8 different countries onto the Stellar network (article)
Forbes calls Stellar “venmo, but on a global scale - and for larger bodies like banks and corporations.”
• Stellar Lumens Is Up 6,300% Since March and Is Aiming for Big Blockchain Partners (article)
• Many new partnerships (listed below) that will be using the Stellar network in 2018.
Binance and GoPax Exchanges Adds Stellar
Ledger Nano S support is now available for Lumens (XLM)
• The next coin to break into the top 10 cryptos (article)
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2017 Partnerships & Financial Institutions
IBM - is an American multinational technology company headquartered in Armonk, New York, United States, with operations in over 170 countries. IBM partnered with Stellar to help financial institutions address the processes of universal cross-border payments, designed to reduce the settlement time and lower the cost of completing global payments for businesses and consumers.
SatoshiPay - a web payment system that helps online publishers monetize digital assets like news articles, videos, or PDFs in tiny increments without friction.
EXCH.ONE - is a FinTech software company based in Switzerland currently working to integrate its platform and its first technology adopter Euro Exchange Securities UK Ltd. into the Stellar network. This addition to the Stellar network will bring access to currency markets of South and Central America,UK and a number of EU countries.
Novati (ASX:NOV) - is an Australian-based software technology and payment services provider. Novatti is currently working to integrate it’s platform into the Stellar network with the ultimate aim to build a global money transfer solution to provide cross border, cross currency and cross asset payments.
Pundi X - is an Indonesia based fintech company that provides POS device, debit card, multi-currency wallet that empowers individuals to buy and sell cryptocurrency at any physical store in the world. They say "buying cryptocurrency should be as easy as buying a bottled water."
MoneyMatch - is a Malaysia based fintech startup that provides a fully-digital peer-to-peer currency exchange platform for customers to transfer and exchange foreign currencies with complete ease and at great value. The company plans to integrate with the Stellar network and enable pay in and pay out from Malaysia.
Streami - is a Korea based fintech company that offers blockchain enabled cross-border remittance service and recently launched a cryptocurrency exchange. The partnership extends both on the exchange side and remittance operations.
Neoframe - is developing and marketing trading solutions for big brokerage firms in Korea and extends its business to blockchain based applications. Neoframe developed high performance centralized cryptocurrency exchange as well as secure wallet solutions and is working with big financial players. The company is planning to launch a remittance business for ASEAN countries (Thailand, Vietnam, Indonesia, Malaysia, Philippines, Singapore, Myanmar (Burma), Cambodia, Laos, Brunei) using Stellar.
SureRemit($RMT) - is a Nigeria based global non-cash remittances company. SureRemit leverages the Stellar blockchain platform to connect immigrants abroad directly with merchants that provide the services needed by their loved ones back home. With Remit tokens, immigrants all over the world can access digital shopping vouchers that can be spent on goods and services at accepting merchants wherever they are.
Cowrie Integrated Systems - is a Nigerian based Value Added Service Provider. Cowrie provides services at the intersection between telecoms and finance. Cowrie recently joined the Stellar network to bring novel fintech services to the African market.
Smartlands - is a Stellar-based platform designed to create a new class of low-risk tokens, secured by real, profitable assets in the real-world economy. Smartlands is designed to promote investments in the agricultural sector by allowing investment in individual projects, agricultural companies or indexes of groups of projects. These investments will be fully collateralized by agricultural real estate, other productive assets such as fruit or nut trees or, in some cases, the actual crop.
Klick-Ex - is an award winning regional cross-border payments system delivering financial infrastructure for emerging markets. It has been responsible for dramatic uptake in digital financial services in unbanked regions of the world, and lowering costs for banks, central banks and consumers in low liquidity currencies. Its key presence is in the Pacific and Europe, and it is a founding member of www.APFII.org processing more than 775,000 transactions per second, per billion of population (source).
Mobius - Mobius connects any app, device, and data stream to the blockchain ecosystem. Our simple and easy to use bidirectional API allows non-blockchain developers to easily connect resources to smart contracts and more. The Mobius MVP acts like Stripe for Blockchain by introducing innovative standards for cross-blockchain login, payment, smart contract management, and oracles. The Mobius Team includes David Gobaud, Jed McCaleb (Stellar.org founder), Jackson Palmer (creator of Dogecoin), and Chandler Guo (notorious Bitcoin & blockchain investor).
Chaineum - Chaineum, the first French ICO Boutique, will use the Stellar network for upcoming ICOs. “Chaineum is positioned as the first “ICO Boutique” in France, providing a range of end-to-end services to companies and international start-ups wishing to develop with this new funding mechanism. Chaineum is preparing 8 ICOs by the end of 2017, for European, North American and Asian companies, of which cumulative amount could reach € 200 million." (source)
Poseidon Foundation - Poseidon will simplify the carbon credit market with the creation of an ecosystem built on Stellar.org’s blockchain technology. This technology will prevent double counting of carbon and will be consistent across jurisdictions, making it easier for companies to deliver and measure progress towards their climate targets or other goals such as deforestation-free commitments.
Remitr - Remitr is a global platform for cross border payments, licensed in Canada. Remitr uses the Stellar network for international settlements for businesses as well as other payment partners. Remitr’s own payout network of 63 countries, comprising several currencies, is extended onto the Stellar network.
MSewa Software Solution (MSS) - MSewa Software Solution (MSS) Payments provides a one-stop digital payment service available across the Globe. MSS Payments aims at serving the consumers (Banked, Unbanked and Underbanked) with mobile banking facilities on the move from anywhere by transferring funds in their mobile phone.
PesaChoice - PesaChoice is a leader in international bill payment services for the African diaspora. PesaChoice aims at making international bill payment process easy, seamless, secure, with reasonable and competitive service fees, and up to date technological advances.
SendX - Singapore based SendX, in partnership with Stellar, is the better way to move money worldwide. The SendX team believes that the future of transactions is decentralized and distributed, bringing true equity to everyone across the value chain.
VoguePay - VoguePay, with offices in the United Kingdom and Nigeria, is partnering with Stellar to become the cheapest and most efficient way to send money between the United Kingdom and Nigeria. In the coming months, they expect to expand this service to other selected African countries.
HashCash - Hashcash consultants build financial solutions for banks and financial institutions over blockchain. We leverage the Stellar platform to build products that vastly improve the remittance and payments experience for banks and their customers. Transfers happen lightning fast at a fraction of current rates and operational cost is significantly reduced. HashCash is headquartered in India, with operations across South Asia and the Gulf.
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Stellar Lumens vs Other Cryptocurrencies
Lumens vs. Bitcoin: Jed McCaleb spoke at Distributed Markets in 2017 about the advantages, but more importantly, the disadvantages of Bitcoin. Listen to the talk here. Jed said, “Bitcoin is this awesome innovation. The first thing it does is converts a real world resource, electricity, into a digital asset. So it takes something from the real world and puts it into the digital realm. The second thing it does is provides immutable public record. It’s basically a database that everyone can see but no one change arbitrarily… That’s great, Bitcoin solves the double spin problem [ of proving possession and transmitting volume]… [However, to fix the problems of bitcoin] you might think well maybe we’ll just kind of keep adding [software] to Bitcoin until we get there, but that’s not really the way software works. You want to have the design from the beginning and solve these simple issues. Bitcoin was designed to be a new currency, it wasn’t really designed to be this unifying universal payment network. So that’s what Stellar does. It solves these three remaining issues.”
Lumens vs. Bitcoin #2: According to wired.com, "Bitcoin mining guzzles energy - and it's carbon footprint just keeps growing." Wired says "Today, each bitcoin transaction requires the same amount of energy used to power nine homes in the US for one day... The total energy use of this web of hardware is huge—an estimated 31 terawatt-hours per year. More than 150 individual countries in the world consume less energy annually. And that power-hungry network is currently increasing its energy use every day by about 450 gigawatt-hours, roughly the same amount of electricity the entire country of Haiti uses in a year." Because Stellar is based on a consensus algorithm rather than mining, it takes much less energy to run the Stellar network. The Poseidon Foundation decided to build their platform on Stellar rather than Ethereum or Bitcoin because of this (twitter source).
Lumens ICO tokens vs. Ethereum ICO tokens: According to Stellar.org, "traditionally, ICO tokens have been issued on the Ethereum network in the form of ERC20 tokens. ERC20 tokens are easy to issue and are infinitely customizable using Ethereum’s smart contracting language. However, recent events have highlighted and exacerbated some weaknesses of the network, including slow transaction processing times for the network during ICOs and increasingly expensive gas prices (by fiat standards) for transactions and smart contract execution. Moreover, many organizations require only basic tokens; they adopt the risk of Ethereum’s Turing complete programming language without taking advantage of many of its benefits."
"While Ethereum has the most expressive programming capabilities, we believe Stellar is the best choice for ICOs that do not require complex smart contracts. Stellar’s primary goal is to facilitate issuing and trading tokens, especially those tied to legal commitments by known organizations, such as claims on real-world assets or fiat currency."
Stellar vs. Ethereum #2: The median transaction time on Stellar is 5 seconds, compared to approximately 3.5 minutes on Ethereum (source). Stellar has a negligible transaction fee (.00001 XLM ~= $0.0000002) with no gas fee for computation, while depending on the complexity of the computation, the median cost for a transfer on the Ethereum network is $0.094. Security: While both Stellar and Ethereum run on a decentralized network, the Stellar network has fewer security pitfalls. Stellar uses atomic transactions comprised of simple, declarative operations while Ethereum uses turing complete programming capabilities which produces less auditable code and greater risk of exploitable vulnerabilities (source). Recently, a security flaw in the Ethereum network froze millions of dollars. According to Mobius ariticle written by David Gobaud, "On November 6, 2017, Github user deveps199 'accidentally' triggered a bug in Parity, a popular Ethereum mult-sig wallet, that froze more than $152 million in Ether across 151 addresses. The bug impacted several token sales including Polkadot, which has had ~$98 million out of its recent $145 million sale frozen."
"Mobius had none of its ongoing pre-sale Ether frozen because we do not trust Ethereum’s Smart Contract based multi-sig wallets given the vast Turing complete attack surface and did not use one. Security broadly is one of the main reasons the MOBI token that powers the DApp Store is a Stellar Protocol token and not an Ethereum token."
Lumens vs. Ripple: According to Wall Street Bitcoin Exchange, "Many investors like to compare the company [Stellar] to Ripple, and there are a lot of similarities, being that some of the founders worked on the Ripple team. In what can now be looked at as another blockchain development drama that plays out on chat boards and in interviews all across the globe. Stellar declared they fixed Ripple’s problems with their hard fork, however, Ripple has failed to admit to any of the flaws in its design that the Stellar team has pointed out." The article concludes by saying, "We Choose XLM Over XRP For 2018. That is why we are going with Stellar Lumens over Ripple in our portfolio for the rest of 2017 and 2018. After holding Ripple for a long time this year, it just never seems to make the big break like other names with bigger market caps like Bitcoin Cash, Dash, and Litecoin have. While we are holding on most all our larger market caps, we feel that Stellar Lumens will be one of the break out coins for 2018."
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Conclusion
The stellar.org team is doing an amazing job making partnerships and pioneering the use of blockchain technology for various types of transactions. What we are seeing is a new technology that can actually be used to solve real-world problems. As a community, we need to continue supporting Stellar and we will quickly see it power transactions across the world. What are your thoughts about Stellar? What do you see in the future of Stellar? Any important news you want to share? Comment below.
submitted by chargingerman to Stellar [link] [comments]

Bitcoin may not have as high TpS as Visa, but at least with bitcoin i’ll never have to worry about this

I originally wrote this a month ago but decided not to post it. After being denied twice since, I have decided that I should post it.
Today my card was blocked in France while trying to top up credit on my phone. I was given three questions, answered each of them correctly (where i’ve lived in boulder, where my brother lives, how old my mom is) and yet I was still blocked. I was also told by my bank that there’s nothing they can do about this, it’s between visa and the merchant, so as long as I try to use visa I will always run into this problem. At any point my card can be blocked because they ask questions that cannot be answered correctly, or even when answered correctly it will still be blocked.
original post
Backstory: I lived in Thailand and had plans to go to a conference in Ho Chi Minh, Vietnam. Today I used my bank card to purchase one of the few things in life that I can’t with BTC, a visa for Vietnam. However, when going through processing I was asked three verification questions:
Not sure of the exact wording used, but it was basically how did you come to own/how did you buy/etc.. Unfortunately for me I’ve never seen that address in my life, i have no idea where it comes from as I’ve only ever lived at two residences in America, both of which I know the address to. There was option for this is not applicable to me which i chose.
My mom’s last name isn’t tackett though, so I don’t know why they’re using that name. She and my dad have been divorced since before I can remember, so they’re using information that’s out of date since at least 1995. The age ranges they gave me didn’t actually have one with her age, it was something like 25-35, 40-45, 46-55, 60+, my mom is 56. There was no correct answer. I chose the closest and went from there.
My brother moved several months ago, so again, there was no correct answer. But it did have his previous city, so I answered with that.
After all of that they deemed that it was a fraudulent transaction and wouldn’t process it. Luckily for me, the fraud department at my bank was online and was able to remove the block and for me to book my visa. So you may say, “see! the system works." However, when I had this exact same problem in 2013 while in Thailand trying to buy a flight i lost out on hundreds of dollars because I had to go to an agent and pay with cash.
I had a conversation with some people in a bitcoin wechat group im in about how much I hate banks after taking my ICBC (largest bank in the world) card to an ICBC branch in malaysia to withdraw all my money since I can’t use the card in Thailand (even at an ICBC branch). Unfortunately in Malaysia I also can’t use that card, even at an ICBC. People were saying i’m doing myself a disservice by not having a bank, but in the past 8 days i’ve been denied my money from my bank three times, once in Thailand trying to use an ICBC, once in Malaysia trying to use an ICBC, and now by Visa. I’ve never once been prompted to go through verification with bitcoin, i’ve never once been denied the ability to send money, and for the people saying the verification/restrictions are for my safety, i’ve never had as much as a satoshi stolen from me, but i have had to spend hundreds of dollars to fix the mess caused by my banks.
This is why i’ve had my salary paid 100% in bitcoin for over 2 years, this is why I hold the vast majority of my money in bitcoin, and this is why I know that bitcoin has a future. To anybody who says that the current banking system works just fine, that’s ludicrous, start traveling and nearly every day you’ll see why bitcoin is needed; fees to convert currency, 5-50%—yes, it was literally 50% to convert Vietnamese dong to Thai baht at the Phuket airport; fees to withdraw from an ATM ($6, 2%); and tons of places charge you extra 3-5% plus flat fee if you use a cc.
Other stories about why I hate banks
Story time: In 2014 I was at Bitcoin2014 in Amsterdam, had an amazing trip that forever changed my life. While there I discovered that if you don’t have chip & pin a lot of places won’t accept your debit card, and even worse that they don’t even accept cash. My bank didn’t offer chip & pin cards when mine was issued so unfortunately couldn’t use my card nor my cash. When i went back to the states in July I asked specifically for a chip and pin card but they said they still don’t offer them and that I’d have to deal with swipe and sign for the time being. So I got my card and headed off on my travels once more, this time to kyrgyzstan and kazakhstan. When I get there I receive an email from my bank that they’ll promptly be canceling my card as they’re switching everyone over to chip and pin. I could ask for a two-week extension, but that’s it, after that I’ll have to wait for my new card to arrive. They also won’t send cards abroad, so i have to have it sent to my family and then have them ship it to asia (one card has already been lost in this process). So once again, I have no way to access my money.
Second Story time: When bitcoin hit $1000 in 2013 some friends and I took a trip to the Philippines. I sold a bitcoin and had the fiat transferred to my bank account (Wells Fargo). I went to use my card at an ATM and it was denied, I called my bank and tried to get the situation fixed. After going through social security number, recent withdrawal locations/amounts, and account information they said "no problem, we’ll have it all fixed here shortly, just need you to tell me how much your monthly mortgage payments are.” I was 21 and living in Beijing, i didn’t have any mortgage payments. So he let me know that wasn’t a problem, just needed to know how much my monthly car payment was. I was 21 and living in Beijing, I didn't have a monthly car payment. I was then promptly told “bummer, nothing we can do” and had to spend well over an hour going from supervisor to supervisor before I finally got the block lifted. It’s important to note that I notified them of my travel plans well in advance of my trip.
This is why I love bitcoin, my money is actually my money and i can use it 24/7/365. Even if I need to wait 30 minutes for a confirmation, it is vastly superior to not being to use your money at all.
Tldr; Visa has deemed my transactions fraudulent several times because i was unable to answer security questions that don't have correct answers. Bitcoin has never told me I can't spend my money.
submitted by zanetackett to btc [link] [comments]

ASEAN Countries and Crypto: Yay or Nay?


Source

Just two months ago, Writer Angaindrankumar Gnanasagaran summarised the latest policies and attitudes Southeast Asia had towards blockchain technology in an article titled Blockchain gaining ground in Southeast Asia, featured on The Asean Post. He reported that blockchain technology has “gained significant currency in Southeast Asia [as] many governments within the region have warmed up to the prospect of promoting the integration of this technology into businesses and the public sector”.
Just how true is this progression? Let’s have a look.

Philippines

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On 8th August last year, the government-owned Cagayan Economic Zone Authority (CEZA) announced its latest partnership with private property developer Northern Star Gaming & Resorts Inc. – the development of Crypto Valley of Asia, a fintech and cryptocurrency hub set to be built on the Cagayan Special Economic Zone and Freeport, and intended to house up to 25 crypto firms on its premise.
A few months later in October, Ateneo de Manila University and health-tech company MediXserve jointly launched the AMBERLab (Ateneo-MediXserve Blockchain Education & Reasearch Lab) to research future applications of blockchain in health-tech, fintech, edutech, Artificial Intelligence (AI), data analytics and other related industries.
This year, about a week ago on 7 February, The Philippines, through the Cagayan Economic Zone Authority (CEZA), approved the Digital Asset Token Offering (DATO) regulations that recognises CEZA as the principal regulating authority and The Asia Blockchain and Crypto Association (ABACA) as the designated self-regulatory organization (SRO) that will implement and enforce the new DATO regulations.
The rules are simple. All DATOs must submit proper documentation, providing details on the issuer, project, advisors, and certificates of experts and DA agents involved. Tokens can only be listed on licensed Offshore Virtual Currency Exchange (OVCE) and stakeholders must submit appropriate documentation with accredited wallet providers and custodians.
The regulations also classify DATO into three tiers:
Tier 1: Assets and investments ≤ $5M with payment in digital tokens
Tier 2: Assets and investments from $6M to $10M
Tier 3: Assets and investments ≥ $10M
Clearly, unlike its vague position last year, the Philippines has been gearing up for blockchain technology and has implemented new measures as a result to regulate the wave of digital tokens crashing into the local market. One of the largest banks, UnionBank of Philippines, even announced on 11 February that it plans to launch an ATM that will facilitate digital assets trade in the national currency, the Philippine Pesos. If the Philippines keeps up this optimistic outlook, she may just fulfil her vision of being the Crypto Valley of Asia.

Thailand

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If the Philippines seems supportive towards cryptocurrency, then Thailand is definitely a crypto wonderland. While others were still grappling to understand the blockchain technology and its idiosyncrasies, Thailand was quick to jump on the crypto train in 2018. Within the span of a few months, the Thai government enacted the emergency decree that allowed it to roll out a new law for the budding blockchain industry: the Digital Asset Business Decree.
This decree differs from other countries by skipping the core debate that demanded the differentiation between security tokens in cryptocurrency. Instead, it classifies cryptocurrencies as “a medium of exchanging goods” and digital tokens as “rights to participate in an investment, or to receive specific goods”. It even amended its tax regulations to include the taxation of cryptocurrency firms. For instance, firms raising funds through Initial Coin Offerings (ICOs) will be taxed 15% on their income while others undertaking Initial Public Offering are not. The two laws went effective as of 14 May 2018 and set the standard for other countries delving into the blockchain industry.
Now, at the time of writing, the Thai securities and exchange commission (SEC) has granted four operating licenses to applications from blockchain-based businesses applying for licenses to conduct local operations. The four applicants who were successfully awarded a license are: Bitcoin Exchange Co., Ltd., Bitkub Online Co., Ltd., Satang Corporation, and Coins TH Co., Ltd. The former three are digital asset exchanges, while the latter is a cryptocurrency brokerage.
That being said, Thailand’s friendliness towards the crypto trade is not to be mistaken with leniency or a laxation in security measures. While the above four were granted operating licenses, two other applications from Cash2coin and Southeast Asia Digital Exchange Co. (SEADEX) were rejected, having failed to meet the required criteria set out by the SEC.Thailand’s intention to retain a tight grip on the cryptocurrency industry is a smart move on the country’s part as news of cryptocurrency scams continue to flood the market. In November last year, Thai regulators even released their own web-based platform to host potential ICOs, ensuring the country is kept up with the latest projects in the cryptocurrency industry. The reason behind this scrutiny has been speculated by some to be Thailand’s way of conducting research and accumulating data in order to release a national cryptocurrency in time.

Indonesia

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In late 2017, the central bank of Indonesia, Bank Indonesia declared cryptocurrency to be illegal in the country under the Law No. 7/2011 and penned the BI Regulation, stating all financial transactions had to be conducted in the Indonesia rupiah. Yet, despite the bank’s firm opposition against these digital fledglings, it is clear to the world that the Indonesia government does not share its skepticism. On 3 June 2018, Beppebti, the Indonesian Trade Ministry’s Futures Exchange Supervisory Boards legalised cryptocurrencies as commodities in the country in spite of the central bank’s disapproval, making cryptocurrency trade legal in the eyes of the government. In fact, Indonesia Digital Asset Exchange (INDODAX) — the largest Indonesian cryptocurrency exchange — announced in March 2018 that the number of users on its platform had surpassed that of the Indonesia Stock Exchange.
While the bank remains vehement in its denial of cryptocurrency, the local citizens have embraced it. Indonesian media company Coinvestasi has organised the Indonesia Cryptocurrency Festival 2019 that is currently in the midst of its tour across various cities, sparking the conversation about cryptocurrency nationwide.

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Roadshow Timeline of Coinfest Indonesia 2019
Unfortunately, due to the nation’s vague stance, the local Bitcoin market holds less than one percent of the global cryptocurrency market, with only two Indonesia Bitcoin exchanges available for Bitcoin purchases at a fixed rate.

Malaysia

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2019 brings new beginnings and new regulations for digital asset offerings in Malaysia. Based on a notice from Malaysia’s Securities Commission (SC), the Capital Markets and Services (Prescription of Securities) (Digital Currency and Digital Token) Order 2019 has been enacted since Jan. 15.The Order meant that token offerings and exchanges are required to seek approval from SC before operations can begin. However, despite Malaysia’s strict clampdown on ICOs, it appears that the country is not adverse to digital assets after all. Finance Minister Lim Guan Eng stated: “In particular, we believe digital assets have a role to play as an alternative fundraising avenue for entrepreneurs and new businesses, and an alternate asset class for investors.”In December last year, the SC and Malaysia’s central bank, Bank Negara Malaysia, jointly released a statement explaining that the purpose of these new regulations was to make digital assets “within the remit of securities laws to promote fair and orderly trading and ensure investor protection.”

Singapore

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Singapore has always embraced the potential of digital assets and its ability to transform the future. In November 2017, the Monetary Authority of Singapore (MAS) released the Payment Services Bill (PSB) in the Singaporean Parliament. In essence, the Bill subjected digital currency to the same laws regulating domestic and international money transfers, and foreign exchange transactions. The MAS also released a set of guidelines for parties interested titled “A guide to digital token offerings”. The document listed on their website contained general advice on application procedures and rules for companies to be legally qualified in offering and issuing digital tokens in Singapore. When confronted with security breaches in major cryptocurrency exchanges, MAS updated their Bill in January 2019 to safeguard the interests of cryptocurrency investors. The Bill proposes to implement a dual-track regulatory guideline for both major and smaller financial institutions respectively.

In summary…
While countries like Philippines, Thailand, Indonesia, Malaysia and especially Singapore embrace the future of cryptocurrency, other ASEAN countries continue to sit on the fence regarding digital currency. Vietnam remains undecided, as evident from the confusing debates wranged out amongst authorities and the ban on crypto trading despite possession of digital assets being legal. Laos approaches digital currencies with caution and Cambodia has ironically forbade finance firms from cryptocurrency transactions while creating its own national cryptocurrency. Other countries like Myanmar and Brunei continue to distance themselves from the world of digital assets and remain vague on their policies and governance.
Despite the uncertainty, however, ASEAN is clearly becoming an important market for traders of digital assets. As digital assets continue to gain prominence within the region, what better way to jump into the crypto market than with 1SG, a fiat-backed stablecoin pegged to Singapore’s own fiat currency, the Singapore Dollar?
About 1SG:1SG is a stable coin, issued by the Mars Blockchain Group which overcomes the problems of today’s cryptocurrencies, while providing open, transparent, efficient KYC/AML process. With the key features of stable value and high liquidity, Mars Blockchain is a start-up committed to becoming a leading stable coin in global cryptocurrency market. 1SG circumvents the volatility of other major cryptocurrencies by maintaining a fixed peg to $1 SGD through financial markets.For more details, check out www.1.sgTo trade 1SG now, head over to these exchange platforms:P2PB2B: https://p2pb2b.io/BitMart: https://www.bitmart.com/TOP.ONE: https://top.one/indexKryptono: https://kryptono.exchange/k/homeOEX: https://www.oex.com/indexFor more information on 1SG, keep up with its following social media:Telegram: https://t.me/SGoneReddit: https://www.reddit.com/use1-SG/Twitter: https://twitter.com/1SG_2018Instagram: https://www.instagram.com/1sg_sg/YouTube: https://www.youtube.com/channel/UC_p_8y1geOe0lmB4F3i6Fpg
submitted by 1-SG to 1SG_ [link] [comments]

Groestlcoin Christmas Release!

Groestlcoin Dec 2018 Christmas Release Update

As per usual the 3 months has been all hand-on-deck, helping to bring further adoption utilities to Groestlcoin. The markets have been red but as always that doesn't stop the show from going on with regards to the development since the last release update on 24th September. Here's a recap of what has happened so far:

Recap:

What’s New Today?

Groestlcoin on Trezor Model T

As of the latest version of the Trezor Model T firmware, Groestlcoin is now officially supported! The Trezor Model T is the next-generation cryptocurrency hardware wallet, designed to be your universal vault for all of your digital assets. Store and encrypt your coins, passwords and other digital keys with confidence. The Trezor Model T now supports over 500 cryptocurrencies.

Blockbook MainNet & TestNet Block Explorer

Blockbook is an open-source Groestlcoin blockchain explorer with complete REST and websocket APIs that can be used for writing web wallets and other apps that need more advanced blockchain queries than provided by groestlcoind RPC.
Blockbook REST API provides you with a convenient, powerful and simple way to read data from the groestlcoin network and with it, build your own services.

Features:

Blockbook is available via https://blockbook.groestlcoin.org/ Testnet: https://blockbook-test.groestlcoin.org/ Source code: https://github.com/Groestlcoin/blockbook

Edge Wallet

Groestlcoin has been added to the Edge wallet for Android and iOS. Edge wallet is secure, private and intuitive. By including support for ShapeShift, Simplex and Changelly, Edge allows you to seamlessly shift between digital currencies, anywhere with an internet connection.

Features:

Android: https://play.google.com/store/apps/details?id=co.edgesecure.app
iOS: https://itunes.apple.com/us/app/edge-bitcoin-wallet/id1344400091?mt=8
Direct Android: https://edge.app/app

CoinID Wallet

We are excited to announce that Groestlcoin has been added to CoinID! With integrated cold and hot wallet support, and a host of other unique wallet features, CoinID can easily become your go-to wallet for storing Groestlcoin. More details can be found here: https://coinid.org/s/groestlcoin-wallet-overview.pdf

Features

Android: https://play.google.com/store/apps/details?id=org.coinid.wallet.grs
iOS: https://itunes.apple.com/us/app/grs-wallet-for-coinid/id1439638550

Groestlcoin Sentinel - Windows Released

Groestlcoin Sentinel is the easiest and fastest way to track balances of your Groestlcoin addresses.
Features
You can download it using the links below.
Download the Windows Wallet (64 bit) here: https://github.com/Groestlcoin/Groestlcoin-Sentinel-Windows/releases/download/1.0/SentinelSetup_x64.msi
Download the Windows Wallet (32 bit) here: https://github.com/Groestlcoin/Groestlcoin-Sentinel-Windows/releases/download/1.0/SentinelSetup_x86.msi
Source code: https://github.com/Groestlcoin/Groestlcoin-Sentinel-Windows/

Groestlcoin BIP39 Tool 0.3.9 Update

The Groestlcoin BIP39 tool is an open-source web tool for converting BIP39 mnemonic codes to addresses and private keys. This enables the greatest security against third-party wallets potentially disappearing – You’ll still have access to your funds thanks to this tool.
What’s New
Download the Groestlcoin BIP39 tool here: https://github.com/Groestlcoin/bip39/archive/master.zip
Source code: https://github.com/groestlcoin/bip39
Or use hosted version: https://groestlcoin.org/bip39/

Electrum-GRS 3.2.3 Update

Electrum-GRS is a lightweight "thin client" Groestlcoin wallet Windows, MacOS and Linux based on a client-server protocol. Its main advantages over the original Groestlcoin client include support for multi-signature wallets and not requiring the download of the entire block chain.
What’s New

Electrum + Android Version 3.2.3:

Android: https://play.google.com/store/apps/details?id=org.groestlcoin.electrumgrs
Windows & OSX: https://github.com/Groestlcoin/electrum-grs/releases/
Linux:
sudo apt-get install python3-setuptools python3-pyqt5 python3-pip python3-dev libssl-dev sudo pip3 install groestlcoin_hash sudo pip3 install https://github.com/Groestlcoin/electrum-grs/releases/download/v3.2.3/Electrum-grs-3.2.3.tar.gz electrum-grs
GitHub Source server: https://github.com/Groestlcoin/electrumx-grs
Github Source server installer: https://github.com/Groestlcoin/electrumx-grs-installer
Github Source client: https://github.com/Groestlcoin/electrum-grs

Groestlcoin ivendPay Integration

ivendPay and Groestlcoin cryptocurrency have announced the start of integration.
IT company ivendPay, the developer of a universal multicurrency payment module for automatic and retail trade, intends to integrate Groestlcoin cryptocurrency — one of the oldest and the most reputable Bitcoin forks into the payment system. Groestlcoin is characterized by instant transactions with almost zero commission and is optimal for mass retail trade where micropayments are mostly used.
According to Sergey Danilov, founder and CEO of ivendPay, Groestlcoin will become the 11th cryptocurrency integrated into the payment module. The first working vending machines for the sale of coffee, snacks and souvenirs, equipped with ivendPay modules, served the visitors of the CryptoEvent RIW exhibition at VDNKh in Moscow and accepted Bitcoin, Go Byte, Dash, Bitcoin Cash, Ethereum, Ethereum Classic, Zcash, Bitcoin Gold, Dogecoin and Emercoin. ivendPay terminals are designed and patented to accept payments in electronic money, cryptocurrencies and cash when connecting the corresponding cash terminal. Payment for the purchase takes a few seconds, the choice of the payment currency occurs at the time of placing the order on the screen, the payment is made by QR-code through the cryptocurrency wallet on the smartphone.
The interest in equipping vending machines with ivendPay terminals has already been shown by the companies of Malaysia and Israel, where first test networks would be installed. ivendPay compiles a waiting list for vending networks interested in buying terminals and searches for an investor to launch industrial production. According to Sergey Danilov, the universal payment terminal ivendPay for the vending machine will cost about $500. The founder of ivendPay has welcomed the appearance of Groestlcoin among integrated cryptocurrencies, as it is another step towards the realization of the basic idea of digital money - free and cross-border access to goods and services for everybody.
submitted by Yokomoko_Saleen to groestlcoin [link] [comments]

B4U offers Bitcoin Exchange in Kuala Lumpur

One cannot deny the fact that cryptocurrencies are the new future. The world is a live witness that paper money is losing its value and Digital coins are taking over. In this era where internet is the king everything is going digital be it banking, insurance or Currencies.
B4U offers the Buying, Selling and Exchanging of Cryptocurrencies at Affordable Rates
The business tycoons of the world are the biggest advocates of virtual currencies and they are making sure they are investing in it. Elon Musk has almost verified that paper money is on its last legs and is losing value and the founder of Twitter is making sure he is investing a great deal in digital coins.
The Fascination is real. The charisma is real. Common men, middle class men or elites are in digital currencies grip and it’s almost certain that these currencies are going to be the talk of town for a very long time. There are many types of crypto currencies which one can find in the digital market like Bitcoin, Ethereum, Litecoin, Namecoin, Peercoin, Dogecoin, Gridcoin, Primecoin, Bitcoin cash to name a few.
The most famous among them are Bitcoin (BTC) they have been the talk of town since their inception in 2009. It’s creator Sotoshi Nakamoto has an ambiguous identity but the coins are very famous. They have gripped the entire nation since their inception and they are soaring high with every passing day.

Save money in the Exchange of Bitcoin at Kuala Lumpur

The value of one BTC is $3,980 but the local exchange will sell you BTC in a much higher price and in case you have few BTC with you and you want to swap them with your local currency which is Ringgit the local exchange will charge you for it via taxes so what’s the way out? You have some digital coins in your pocket and you want to trade them for local currency but what about taxes? How can one evade them? Well there definitely is a way out and that way out is offered by the reputed B4U. They have the Bitcoins ATM machine installed and from there you can business your virtual currency without concerning yourself about taxes. You won’t have to pay much and your BTC will be exchanged too.

B4U offer the best deals for the exchange of Bitcoin in Kuala Lumpur

B4U is reputed to have executed hundreds of successful deals in the buying, selling and exchanging of digital currencies. If you want to buy BTC or any other digital currency that option is available here. If you want to sell or swap your virtual currencies that option too is available here. We have the best deals available for our valued customers and we don’t charge them much. With B4U it’s very easy to be the owner of Digital coins and if you want to disown your coins it’s OK B4U will exchange them in your local currency as well.
The best place to get your BTC Exchanged in Kuala Lumpur
We are well aware what happen in exchanges. When we get to them to buy, sell or exchange our digital coins or tokens they charge us the heavy fee and not just the fee they try to invade a lot in our privacy. These are just some issues, there is one other problem at local BTC exchanges and that is mostly they don’t give us the option of having our crypto currency changed into local Currency but you don’t need to fret. We know of a place where the BTC can be exchanged into Local ringgit without much tax. This place is B4U and we have what you want.
B4U will give you Ringgits for your coins without bothering your with the unnecessary taxes

Exchange your virtual currencies into local currencies

The best thing about B4U is if you have Bitcoins or any other virtual currency in your wallet that can be exchanged into all the other currencies. If you are in need of dollars we can give them to you in barter of your crypto. If you need pounds, rupees or any other currency B4U has that option available and you can avail that by trading your crypto with us. We have vowed to make it all easy for our valued customers so if you want the best deals in virtual currencies you can have them from us.

A Golden chance for investors! Invest in virtual currencies

Things are changing rapidly in today’s era. Things which were the sensation a year ago have been replaced with newer addictions. It seems like yesterday when Facebook was the sensation in social media but now things have changed since Instagram has taken everyone in its grip.
Paper money was once a great deal. We have lived with it all our lives but since the inception of internet things have changed, now its the era of crypto. Cryptocurrency are taking everyone into its storm and it is visibly taking over the paper money. First credit cards mocked the value of paper money now its the crypto. Virtual currencies are the sensation because of one more thing, there is a chance of profit in it. For instance if you buy one bitcoin for now you will get it in $3,980 but months later its value will double or even triple so in case you intend to sell your cryptocurrencies after few months you will earn a huge profit out of it.
There is a reason why the world is going gaga after digital coins, they create the chance of earning huge profit out of them. Bitcoins and Ethereum are clearly taking the lead. Back then when they came into the market they were cheap but now you can’t have them unless you have enough cash with you. You shouldn’t buy the crypto just because everyone else is buying it, you should buy it because they can generate the revenue for you. B4U has the best deals available and if you want to make a profit in cryptocurrencies it’s the right place to come to in Kuala Lumpur, Malaysia.

The ATM Machine will save you a lot of Trouble

Local Exchange are everywhere in Malaysia. The buying, selling and exchanging of crypto currencies are possible at a lot of places but there is a place which has an edge over other exchanges. This place is the ATM machine in B4U.
With the availability of ATM machine in Kuala Lumpur it’s a lot easier for the people of Malaysia to have crypto in their access. While the local exchanges will charge you the heavy fee in the buying and selling of virtual currencies the ATM won’t charge you much. You can have your desired coins from the machine after inserting cash. The machine won’t invade your privacy and the method is pretty quick as well. You get a receipt 20 minutes later after inserting your cash.
In the exchanges usually there is so intense an interrogation that a customer feels offended but when you know that you have all the keys in your own hand that you will just have to fill up some of your info with the cash then there is nothing to worry about.
B4U ATM Machine on google map
Customers like the things which are easy to operate and the ATM machine installed in B4U can be operated by a layman as well.
As we all know it’s the era of digital currencies. Only that one is successful in this age who is investing in the right place. So invest in crypto because it promises a great future.
More Articles about B4U ATM Machine

Conclusion

B4U offers the buying, selling and exchanging of cryptocurrencies at affordable rates. The ATM machine installed in B4U can be used to buy, sell and exchange the virtual currencies. Be in touch with us and secure yourself a great deal.

Address

335A Melawati Urban 1 Lorong Serawak, 53100 Kuala Lumpur, Malaysia

Timings

Monday to Friday
10:00 am to 6:00 pm
Saturday and Sunday is closed.
submitted by B4U_Wallet_Exchange to btc [link] [comments]

Infinitum Master Card - Scam or The Real Deal?

I have been approached by several people (friends and friend of a friend) on "investing" for Infinitum Card that can withdraw cryptocoins to fiat at any ATM machine via mastercard. There are also 6 layers of marketing plan recruiting others that would entitle you to be rewarded with over RM 1mil by end of 6 months active.
Sounds dodgy to me as the person trying to recruit me don't have the Infinitum card to proof it really works. Instead saying the card would be arriving in Malaysia within the next few weeks where it would be testing the ATM machines here. To me honestly, it sounds like a scam but I don't want to be left out like how some people being left out of the bitcoin rush. So, what's your take on this? If you are an active bitcoin investor, do you believe in this card? Or this whole thing is just scammers trying to use "blockchain" terms to bait people?
submitted by redduckexperiment to malaysia [link] [comments]

Best of Buttcoin: 2014

There's been some fantastic work done in this subreddit spreading disinformation researching, criticising, and debunking bitcoin and its sacred cows over the past year, which I would like to celebrate.
So here's some posts I saved on bitcoin-related topics. But I started saving things too late... So if you have and/or remember any great posts from the past year, dig them up and post them here.
Also, unironically, maybe someone should start a buttcoin wiki

First, three pieces of investigative journalism from Buttcoin's top minds. Here Charlie_Shrem examines the environmental impact of bitcoin mining. Key finding: For every Bitcoin transaction, 47 kilograms of CO2 is released into the atmosphere from the miners alone.
Current hash rate: 261,900,382 GH/s
Number of transactions per day: 71,331
If we assume rather conservatively that 1GH/s = 1 watt on average, then this would mean 261,900,382W is being used to power the network. We can simplify this to 261,900 kW.
Some miners can do better than 1W per 1GH/s, but many if not most do worse (i.e. 2W per 1GH/s to 10W per 1GH/s).
Going by the figure of 0.527kg CO2 / kWh found on this page,
0.527kg CO2 x 261,900 kW x 24 hours = 3,312,511.2 kg CO2 per day
Now,
3,312,511.2 kg CO2 / 71,331 transactions = 46.44 kg CO2 per transaction
For comparison, even going by this Coindesk Article, an ATM produces daily 3.162kg in CO2 emissions.
0.25kwH x 0.527kg CO2 x 24 hours = 3.162kg/day.
That means that the carbon emission for one Bitcoin transaction is equivalent to about 15 ATMs processing perhaps hundreds or thousands of transactions in a day combined.

Earlier this month Frankeh abruptly interrupted remittance-focused annular onanism by issuing a challenge: to find a single instance where bitcoin works out cheaper than a fiat alternative. In case you need to ask... Nope.
Right, there's a bunch of circlejerking happening in /Bitcoin right now so I think it's time to cut through the bullshit one way or another.
Country to send money to.
The biggest remittance markets are China, Indian and the Philippines.
I believe that since /Bitcoin often gives the Philippines as an example of successful Bitcoin remittance then it is the perfect country to use in our challenge.
Country to send money from.
According to this wikipedia article Malaysia and Canada have the biggest expat Filipino communities. 900,000 and 500,000.
So I think we should do the calculations based on both countries.
The methodology
Most people are not paid in Bitcoin. This is a fact. So for our calculation you must start with fiat, and end in fiat. We're not doing these calculations based on future utility of Bitcoin (No, neo. I'm saying...), we're doing them on the current utility.
We will also be doing a bank to bank remittance, because that is nice an constant. We don't need to take into account pick up locations Bitcoin remittance allows and pick up locations normal remittance allows. They'll vary too much.
Time will also not be taken into account, as time doesn't actually matter when it comes to remittance. Now, Bitcoiners might shout about this particular rule but let me explain my logic behind this.
A foreign worker gets paid every Friday. They start the remittance process on the Friday and regardless of if it takes 0, 3, or 5 days their family back in their home country just needs to base their life around money coming in on remitters pay day + 0, 3, or 5 days. Time taken is of no real value when it comes to remittance. All that matters is that it consistently arrives on day x.
As such, any remittance services that take over 5 working days are to be ignored for the sake of this challenge.
The amount
The amount is going to be 25% of the average wage in each of the countries. This isn't extremely scientific because it doesn't particularly need to be, and the figures are hard to come by.
So 1826.75 MYR for Malaysia and 1,398 CAD for Canada.
Don't bother complaining about these, they're just examples.
Few more ground rules
  • We're going to be going from bank/bank card to bank regardless, so we're not interested in banking fees on either side. They will be the same regardless of Bitcoin or WU (for example)
  • It must be from local fiat to foreign fiat.. You can't palm off the conversion fee to the receivers bank to keep fees down.
  • Any remittance service can be used, as long as Bitcoin is involved for people fighting the Bitcoin corner and Bitcoin isn't used for people fighting the WU (or similar) corner.
  • You must go through the process and document all the fees for each. Fees to look out for are currency spreads, transaction fees on exchanges, etc

Finally a recent thread, but commendable all the same. Hodldown presents some research leading to facts overturning years of knowledge in the bitcoin wiki. Even us shills have been laughing at bitcoin's pathetic capability of 7 transactions per second. It turns out, we were out by at least a factor of 2:
The average number of transactions per block right now is: 665 transactions
The average block size is 0.372731752748842mb.
That means the average transaction is 0.00056049887mb. Which means 1mb of transactions (the limit) is 1784 transactions
Assuming a 10 minute block (a whole other can of worms) that means there is 10*60 seconds.
1784/600 isn't 7. It's a 2.97.
Bitcoin at a technical level can not handle even 3 transactions per second.

In one of the frequent bitcoin user invasions, PayingWithActualMone outlines why the "solution in search of a problem" isn't that great of a solution to much either.
On the transaction side: the Bitcoin community seems convinced that banks are ripping them off (which imo they are not), and that it can be fixed by applying some magicsauce over a transaction that is facilitated by banks regardless. So far in practice I haven't seen any evidence of the 'fast' 'cheap' and 'easy' transactions, like most recently with Mollie. They usually compare the fees of BTC>BTC transactions to the fees of Chase Mastercard > a fucking nomad in the Sahara (with consumer protection) to prove their point. The community also seems convinced that the entire world banks the way America does, not realizing that in Europe banking has been dirt cheap for years.
And the security... oh boy the security. Half the population can't manage to go without a virus for one year (not an actual statistic), and now you expect them to secure their coins? People are dumb as shit, and software is always one step behind the exploits. We could of course create Bitcoin banks, but then there isn't much left of the original idea.
On the 'intrinsic value' side: what the hell is wrong with people. If the underlying product is no good in any aspect, why is it worth much? Right now (that's like 5 years after introduction mind you) BTC is used in 3 types of transactions: Silk Road, SatoshiDice & extremely questionable transactions. It does its job well in that aspect, and that's all it will ever be. The community just turned the technology into a giant ponzi, and they don't care as long as they get paid. The people actually doing business in Bitcoin probably don't care about the price that much.

Someone who deleted their account, on the argument that merchant adoption is a cause of the price drop:
That's just an excuse butters use for the price going down.
There's no real difference between selling bitcoin for fiat and exchanging bitcoin for goods and services. Both are a form of sale of bitcoin, an expression of preference for something other than bitcoin.
If on balance, there's more flow of bitcoin into fiat, goods or services than there is a corresponding opposing flow, then it is simply the market expressing the view that bitcoin is overvalued. Therefore, the reduction in the value of bitcoin (as valued in fiat) is a sincere expression of the market's view of what the correct price for bitcoin is.
Think of an example: A true believer has 20 BTC. He exchanges 10 BTC with Dell for a whizzy server. Dell (or another intermediary) sell the 10 BTC at an exchange in return for fiat. The market price of BTC goes down.
The price goes down, simply because a true believer cut his bitcoin holding, he got out. He thought having a server now was worth more to him than 10 tickets to the moon. Which is an expression of a negative view of the future value of bitcoin. A simple "aggressive" sale in trading parlance.

A late entry from jstolfi. A concise description of the Satoshi/Bitcoin origin story .
My understanding is that "Satoshi" had been trying to solve the technical problem of convincing a bunch of anonymous, volunteers to maintain and protect a distributed ledger, with no central authority.
He thought that he had a solution, in the form of a protocol that included PoW, miner rewards, longest chain, etc. The solution seemed to work on paper; but, as a good scientist, he started an experiment in order to check whether it would also work in practice.
For that experiment to be meaningful, it would have been enough if the coin was mined for several years only by a few hundred computer nerds, with the cooperation of some friendly pizza places and bars.
The US$ price of the coin was not important to the experiment, and it was never meant to be a weapon for libertarians, a way to buy drugs or evade taxes, a competitor to credit cards or Western Union, a sound investment or item for day-trading. All those "goals" were tacked onto it afterwards.

bob237 comments on the the absurdity of coinbase and it's touted 'rebuy' scheme,
It gets even better than that, actually. A lot of bitcoiners don't like 'losing' bitcoin, and so coinbase added a popular 'repurchase bitcoin' feature that automatically debits your bank account to replenish the BTC in your coinbase account after a purchase.
The ultimate result then is that you pay coinbase fiat, they take their cut, and then send that fiat on to the merchant. All 'bitcoins' used in the middle of the transaction are not really bitcoins, but just abstractions in coinbase's internal [off-chain] accounting system.
It's a crap version of paypal, no consumer protection and a ton of fees hidden in the spread when you buy your chuck-e-cheese tokens from them.

saigonsquare explains why ubiquitous tipping isn't the the killer app that it has been touted as, and why bitcoiners may fail to grasp this
Most people understand that there are different sorts of interaction. There are purely social interactions, there are quid-pro-quo interactions, and there are market interactions. Mixing those up causes embarrassment and insult. I wouldn't try to pay my mother-in-law ten bucks for cooking Christmas dinner, and I certainly wouldn't try to pay her ten cents. If a waiter suggests I try the raspberry tart, I won't get away with offering to bake him some cookies next week in compensation; if an office mate suggests I have a slice of her birthday cake, I'll be insulted if she brings me a bill for it. If I spend an hour helping my friend move apartments and he thanks me, I'm fine; we're friends helping each other out. If he pays me two bucks, I'm insulted; he's canceled the social nature of the interaction and instead simply bought my labor for a fraction of its going rate. I'm up two bucks but down a friend.
Ancapspergers, not particularly understanding any sort of interaction more complicated than buying a cheeseburger at Wendy's, assume that all interactions are a form of market transaction, and set pricing accordingly. Normal humans get offended by a penny shaving, because it cancels the social nature of the interaction and turns it into a market transaction--and then informs the recipient that his contribution to the transaction was of negligible value.
submitted by occasionallyrude to Buttcoin [link] [comments]

Bitcoin may not have as high TpS as Visa, but at least with bitcoin i’ll never have to worry about this:

I originally wrote this a month ago but decided not to post it. After being denied twice since, I have decided that I should post it.
Today my card was blocked in France while trying to top up credit on my phone. I was given three questions, answered each of them correctly (where i’ve lived in boulder, where my brother lives, how old my mom is) and yet I was still blocked. I was also told by my bank that there’s nothing they can do about this, it’s between visa and the merchant, so as long as I try to use visa I will always run into this problem. At any point my card can be blocked because they ask questions that cannot be answered correctly, or even when answered correctly it will still be blocked.
original post
Backstory: I lived in Thailand and had plans to go to a conference in Ho Chi Minh, Vietnam. Today I used my bank card to purchase one of the few things in life that I can’t with BTC, a visa for Vietnam. However, when going through processing I was asked three verification questions:
Not sure of the exact wording used, but it was basically how did you come to own/how did you buy/etc.. Unfortunately for me I’ve never seen that address in my life, i have no idea where it comes from as I’ve only ever lived at two residences in America, both of which I know the address to. There was option for this is not applicable to me which i chose.
My mom’s last name isn’t tackett though, so I don’t know why they’re using that name. She and my dad have been divorced since before I can remember, so they’re using information that’s out of date since at least 1995. The age ranges they gave me didn’t actually have one with her age, it was something like 25-35, 40-45, 46-55, 60+, my mom is 56. There was no correct answer. I chose the closest and went from there.
My brother moved several months ago, so again, there was no correct answer. But it did have his previous city, so I answered with that.
After all of that they deemed that it was a fraudulent transaction and wouldn’t process it. Luckily for me, the fraud department at my bank was online and was able to remove the block and for me to book my visa. So you may say, “see! the system works." However, when I had this exact same problem in 2013 while in Thailand trying to buy a flight i lost out on hundreds of dollars because I had to go to an agent and pay with cash.
I had a conversation with some people in a bitcoin wechat group im in about how much I hate banks after taking my ICBC (largest bank in the world) card to an ICBC branch in malaysia to withdraw all my money since I can’t use the card in Thailand (even at an ICBC branch). Unfortunately in Malaysia I also can’t use that card, even at an ICBC. People were saying i’m doing myself a disservice by not having a bank, but in the past 8 days i’ve been denied my money from my bank three times, once in Thailand trying to use an ICBC, once in Malaysia trying to use an ICBC, and now by Visa. I’ve never once been prompted to go through verification with bitcoin, i’ve never once been denied the ability to send money, and for the people saying the verification/restrictions are for my safety, i’ve never had as much as a satoshi stolen from me, but i have had to spend hundreds of dollars to fix the mess caused by my banks.
This is why i’ve had my salary paid 100% in bitcoin for over 2 years, this is why I hold the vast majority of my money in bitcoin, and this is why I know that bitcoin has a future. To anybody who says that the current banking system works just fine, that’s ludicrous, start traveling and nearly every day you’ll see why bitcoin is needed; fees to convert currency, 5-50%—yes, it was literally 50% to convert Vietnamese dong to Thai baht at the Phuket airport; fees to withdraw from an ATM ($6, 2%); and tons of places charge you extra 3-5% plus flat fee if you use a cc.
Other stories about why I hate banks
Story time: In 2014 I was at Bitcoin2014 in Amsterdam, had an amazing trip that forever changed my life. While there I discovered that if you don’t have chip & pin a lot of places won’t accept your debit card, and even worse that they don’t even accept cash. My bank didn’t offer chip & pin cards when mine was issued so unfortunately couldn’t use my card nor my cash. When i went back to the states in July I asked specifically for a chip and pin card but they said they still don’t offer them and that I’d have to deal with swipe and sign for the time being. So I got my card and headed off on my travels once more, this time to kyrgyzstan and kazakhstan. When I get there I receive an email from my bank that they’ll promptly be canceling my card as they’re switching everyone over to chip and pin. I could ask for a two-week extension, but that’s it, after that I’ll have to wait for my new card to arrive. They also won’t send cards abroad, so i have to have it sent to my family and then have them ship it to asia (one card has already been lost in this process). So once again, I have no way to access my money.
Second Story time: When bitcoin hit $1000 in 2013 some friends and I took a trip to the Philippines. I sold a bitcoin and had the fiat transferred to my bank account (Wells Fargo). I went to use my card at an ATM and it was denied, I called my bank and tried to get the situation fixed. After going through social security number, recent withdrawal locations/amounts, and account information they said "no problem, we’ll have it all fixed here shortly, just need you to tell me how much your monthly mortgage payments are.” I was 21 and living in Beijing, i didn’t have any mortgage payments. So he let me know that wasn’t a problem, just needed to know how much my monthly car payment was. I was 21 and living in Beijing, I didn't have a monthly car payment. I was then promptly told “bummer, nothing we can do” and had to spend well over an hour going from supervisor to supervisor before I finally got the block lifted. It’s important to note that I notified them of my travel plans well in advance of my trip.
This is why I love bitcoin, my money is actually my money and i can use it 24/7/365. Even if I need to wait 30 minutes for a confirmation, it is vastly superior to not being to use your money at all.
Tldr; Visa has deemed my transactions fraudulent several times because i was unable to answer security questions that don't have correct answers. Bitcoin has never told me I can't spend my money.
submitted by zanetackett to Bitcoin [link] [comments]

Cryptocurrencies plunge for the week with Bitcoin still below USD$6,550, forecasters project 54% per annum growth in the Cryptocurrency ATM industry over 5 years and Coinbase explores launching a Bitcoin ETF with BlackRock

Developments in Financial Services

Regulatory Environment

General News

submitted by QuantalyticsResearch to CryptoCurrency [link] [comments]

Traveling internationally and my bank sort of sucks

So I've been traveling for 8 years and expect to continue for another couple decades. I'm always stressed when using an atm, especially for the first time in a country. Occasionally my bank will get the travel info wrong. Then there have been some rather sketchy atms, like the one where the whole front panel opened after I tried to use it. And there is the ever watchful antifraud group that shuts me off regularly. I can't access my accounts from Malaysia and thailand due to high fraud rates. I recently used a VPN to access them from India. My son has to manage things when I can't.
I recently tried revolut, but after taking all my ID info they informed me that it's not available in the states. Sounded good, free international transfers, free atm (for first 200 or 500€), even bitcoin purchases... Multiple cards for when one is compromised.
So any other recommendations for a chronic traveler?
Btw sailing on a yacht is the only life.
submitted by endlessbull to personalfinance [link] [comments]

Mesin Atm bitcoins Malaysia b4u - YouTube Bitcoin ATM at Malaysia ... more info 0199284683 Bitcoin ATM machine in Bangkok Tunaikan Bitcoin Cash- ambil wang tunai ATM DENGAN ATM BOLEH KELUAR DUIT BITCOIN

VIEW DETAILS HIVE Team Malaysia. HIVE is a social media platform where you can earn cryptocurrency by posting content on it. Malaysia has a pretty huge HIVE community of over 1,000 registered users and growing. ... 8,888 satoshis to our Bitcoin Lightning Network wallet address. Cryptocurrencies have been making headlines for a while now but we can’t deny that they are definitely making an impact in the world. They’ve been gaining so much popularity that we actually have a Bitcoin ATM right in Ipoh, Malaysia! It’s the only one currently! Apparently, it has already been in existence since 2016 but […] Bitcoin ATM in Malaysia. May 26, 2013 Bitcoin colbert 0. There are a few Bitcoin ATM suppliers out there and I’m mulling over an idea to sell them in Malaysia. Visitors to our site will be able to buy multiple units of Bitcoin ATM that can dispense Bitcoins in less than 3 minutes. More details and tech sheet later, stay tuned. With all the noise being made of the BitCoin exchange Mt Gox being hacked and the precious crypto-currency being stolen, it’s surprising that the ATM machines, or rather Auto Vending Machines (AVM) are being rolled out in Malaysia. Numoni Pte Ltd has launched its first bitcoin ATM in Malaysia. The Singapore based company Bitcoin auto vending machines (AVM) available at Bangsar, Kuala Lumpur and Gurney Plaza, Penang. Numoni Pte Ltd Chief Executive Officer, Norma Sit, said her company estimates that there are around 1,000 to 2,000 bitcoin users in Malaysia.

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Mesin Atm bitcoins Malaysia b4u - YouTube

The next video is starting stop. Loading... Watch Queue Umur 16 tahun sudah income rm6000 sebulan melalui Bitcoin Malaysia 2017 - Duration: 9:18. Product Terhangat 44,761 ... wow jumpa atm bitcoin di Petaling Jaya - Duration: 3:54. ab ma 1,805 ... Maybank ATM kuar cash guna bitcoin in malaysia,nak bitcoin hari² ?? Wassap 0199284683 - Duration: 2:24. ezu zul killi bitcoin 93,227 views Earn monthly passive income in Bitcoin, Starting with as little as US$100! Each lease-back earns a fixed percentage (of passive income) every month for 7 mon... Bitcoin ATM In Malaysia i Received 500$ From Bitcoin ATM - Duration: 0:57. Lahori Tardka Tv 751 views. 0:57. Starting My Bitcoin ATM Business Part 5.. Software Config - Duration: 3:00.

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