Bitcoin News 24 February 2017

Bitcoin today – The Bitcoin price has been flirting with us today taking us over $1220, then back down to the $1140’s and now up again! Great to see Bitcoin moving to an all time high, however, this is not a surprise to anyone watching the fundamentals which are very bullish. As Bloomberg aptly reported… Not even the Chinese can kill Bitcoin! Bitcoin headlines – How Specifically The EU & US Intend To Tax Your Bitcoin; Title Deed Solution Leverages Ethereum Blockchain to Secure Top Finish in Dubai Hackathon; Bitspark…

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Bitcoin Adoption in Spain

Spain is known for Flamenco music, dance, Spanish guitars as well as bullfighting, mouthwatering tapas and a tasty little fish called Bakalao.  Spain is synonymous with culture, art and architecture… and Real Madrid Club de Fútbol! Ending 10 months of political deadlock in Spain, Mariano Rajoy was sworn in as Spain’s prime minister for another term, after winning a confidence vote in parliament at the weekend.  Before this vote, Spain’s lack of governance excited Spanish Citizens. Although the Spanish economy will still expand at a respectable pace, all engines of growth are set…

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Bitcoin News 15 February 2017

Bitcoin today – The Bitcoin has been pretty resilient the past few days and still trading over $1000. What will the next level be? Bitcoin News Headlines – Arizona’s Proposed Blockchain Gun Tracking Ban Pushes Ahead; China’s Bitcoin Traders Are Losing Confidence in Exchange Prices; China FinTech Booms as Mobile Payments Outpace US by 50x; NOT JUST CHINA: P2P BITCOIN TRADING IS ALSO SOARING IN 9 other COUNTRIES; Thailand’s Largest Bank to Launch New FinTech Platform and in a very bullish move for Bitcoin, Localbitcoins’ New Chinese Popularity Sparks Fears…

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Bitcoin Mobile Banking and the Unbanked

According to the World Economic Forum, over 2 billion people worldwide are unbanked. Financial inclusion is vital in the eradication of poverty and upliftment of communities.  Moving away from cash in developing countries can significantly drive financial inclusion and acceptance of digital vs physical cash as we recently witnessed in India. Read more about The Digital Explosion in India. Mobile internet access, banking and smart phones are changing the game for the poor as Melinda Gates states in this video below:- Mobile phone ownership in Sub-Saharan Africa is soaring in countries…

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The Blockchain and Globalization

The Blockchain is the technology behind the digital asset, Bitcoin. The Blockchain decentralized network is a public ledger that allows immutable digital transactions to be distributed but not copied. The Blockchain was invented to support Bitcoin and has been operational since the first transaction between Satoshi Nakamoto and Hal Finney on 12 January 2009 in block 170. It is an ingenious invention that is evolving as uses, not only for FinTech, are being innovated by the tech community.  Blockchain technology is revolutionary and soon consumers will be transacting on the blockchain…

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Technology and the Future of Fintech

Exciting new technologies are coming out every year changing the way businesses are adapted, managed and integrated into society.  We have seen great strides in digital technology in past the past few years with the introduction of smart phones, cloud computing, bitcoin and the blockchain to name but a few.  These are innovations that are revolutionizing the way we live and work. FinTech is all about innovation in the personal and commercial finance space.  There are major developments expected for FinTech in 2017. Here are some technologies that will transform…

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Cyber Security and Bitcoin

Cybercrime is the biggest threat to our digital economy.  It is up to you to take care of your digital assets. The number of exchanges hacked this year may surprise you.  The most important best practice to adhere to is to use exchanges for what they are intended.  Buying and selling Bitcoins.  Ensure you do not keep any Bitcoin in an online wallet on an exchange.  If you are a trader, make sure you empty your account after trading.  Keep your Bitcoin in an offline wallet and vault such as Swiss…

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Bitcoin Adoption in France

France is home to many famous painters and sculptors including Edgar Degas, Claude Monet who founded French impressionist painting, Henri Marie de Toulouse-Lautrec, Paul Gauguin and hundreds of others.  France is also known for gourmet food, fine wines, Tour de France, French Riviera, amazing museums such as the Louvre and magnificent architecture like the Eiffel Tower, the beautiful Palace of Versailles and the famous monument Arc de Triomphe. Paris, its capital, is famed for its fashion houses. 80.8 % of the 64,8 million population is urban and median age in France is 41.3…

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What is an ICO?

What is an ICO? With the success of Bitcoin, there are many cryptocurrency projects popping up. ICO’s are a way that these projects gain funding. Learn more about ICO’s by watching this short explainer video. Remember – do your research on ICO’s before investing and only invest what you can afford to lose – Cryptocurrency is a free market and there is no way to determine price post launch vs ICO price. Click here for a list of ICO’s and Crowdsales  25% discount when you purchase Cryptopay debit card – CLICK…

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What is a ROSCA on the blockchain?

A ROSCA is a rotating savings and credit association (ROSCA). A group of individuals who agree to contribute for a defined period in order to save and borrow together. This is a form of combined peer-to-peer banking and peer-to-peer lending and usually between immigrant communities in a developed country or communities in a developing country. According to Wikipedia, F.J.A. Bouman described ROSCAs as “the poor man’s bank, where money is not idle for long but changes hands rapidly, satisfying both consumption and production needs.” Now ROSCA’s are being developed using…

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