We are seeing that countries that have a steady economy and the infrastructure in place to spur entrepreneurship are the countries that have taken the most relaxed
stance on Bitcoin. •••
Regardless, Bitcoin is making its way onto the global stage and it’s only a matter of time before Bitcoin becomes globally recognized and accepted.
Hit the link in our bio to read what 5 countries are primed for Bitcoin adoption.
2 2621 hours ago
Quite possibly the most simple and intuitive Bitcoin wallet on the market. Find it for free in the App Store and Google Play Store. ⠀
Check the link in our bio to find the nearest Bitcoin ATM near you.
"The key to #financialfreedom and great wealth is a person's ability or skill to convert earned income into passive income and/or portfolio income." – @therealkiyosaki⠀
Design financial framework for you and your children and focus on the future. Learn #Bitcoin and get involved. Now is your time.
It is only a matter of time before Bitcoin takes over the world… literally. After years of wondering whether or not Bitcoin would stay around, it’s starting to mold itself into one of the leading solutions for doing business across international borders. •••
What started out as pseudo interest by a select group of people is poised to become major player in the world market. •••
Hit the link in our bio to read what we believe the role that Bitcoin is playing in international trade.
4 352 days ago
In the future, bans on cash or efforts to minimize its role in the modern economy will push its users into near substitutes like cryptocurrencies. Stable coins - which combine cash denominations with power of crypto - are already experiencing rapid adoption across online crypto exchanges. ⠀
We've written an account on WHY Bitcoin ATMs matter, globally. Check out our blog by hitting the link in our bio.
2 352 days ago
You look great, new Coin Cloud ATM. They should have name, shouldn't they? Comment below.
“Bitcoin”, “decentralized”, “ICO”, “exchanges”, etc. These buzzwords have been floating
around the financial world for a couple of years now. Some of the country’s top financial experts
sit in on panels and interviews to discuss how these buzzwords will affect our future.
Check out our blog to learn more about #blockchain by hitting the link in our bio.
#MtGox Creditors Prepare Revised Claims for #Bitcoin#Repayments Plan
In 2014, Mt Gox #exchange handled an estimated 70% of the total Bitcoin supply until a security breach led to the loss and/or theft of approximately 850,000 #BTC, worth $450 million at the time and billions today.
The #exchange filed for bankruptcy, leaving creditors in the lurch ever since, but a new plan for (partial) repayment has now been outlined for those still owed #money from the disaster.
1: The rehabilitation plan should be simple and the implementation should have a high degree of certainty.
This point really ought to go without saying, but given the four-year battle the creditors have fought so far, it’s no wonder that their level of trust in the rehab process is so low. First and foremost among the creditors’ wishes is simply that theybe dealt with in a straightforward manner.
2: No distribution will be made to shareholders.
This is an interesting one, and it remains to be seen whether they’ll get their wish. Because Mt Gox simply can’t afford to pay back the full amount, especially given the inflation of BTC over the last four years, creditors feel like they should be completely prioritized over the shareholders, and it’s easy to see why.
Shareholders arguably have a measure of control over how the company is run, who’s in charge, and what policies are in place. Other creditors who were simply using the exchange as customers do not, and as such should be reimbursed first.
3: Claims for return of bitcoins (BTC) will be repaid in BCH.
This is for simplicity and efficiency, avoiding bank transfer fees and allowing creditors to receive payment in the same currency they lost. The proposal also suggests that any altcoins (coins other than BTC or BCH) held by the trustee be liquidated for transfer.
4: The full payment to the monetary creditors will be made.
The full payment, in this case, refers to the degree which has been approved in the bankruptcy proceedings.
5: First payment to creditors will be made promptly after the approval and confirmation of the rehabilitation plan. #bitcoinews#bitcoinholland#bitcoinbandit#bitcoinpowerteam1#bitcoinminers#bitcoinlasvegas#bitcoin