We want to thank our community for their patience, it has been a long journey and we have been excited to share it with you.
It's time to turn our attention to the future.
The public release of the 1.0.0 Beta is finished and ready to go.
Let us know what you think, we want all opinions, positive and negative.
The team has been working tirelessly to bring this beta to market.
This is the largest step AEG has taken, and we cannot wait to see where it takes us.
You can find the installation instructions at:
Revolut, provider of a mobile finance app that offers crypto trading, has been granted a banking license from the European Central Bank.⠀
The firm announced that the new license will ultimately allow it to offer users an account to manage all their finances from a single place through its upcoming venture Revolut Bank.⠀
That vision is a little way off, however. The firm said it must first build and test the features to be offered, as well as work with regulators over the coming months. Services enabled by the new license will be trialed in Lithuania next year and will expand to other European markets later in 2019.⠀
All being well, the bank plans to launch full current accounts, overdrafts, personal loans, direct debits, an in-house payment processor, and other traditional banking services. Current account deposits of up to €100,000 (around $113,000) would also be protected under the European Deposit Insurance Scheme upon the banking launch, the firm said.⠀
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Let’s know more about LTC 💡: Often referred to as the little brother of bitcoin, litecoin is a peer-to-peer cryptocurrency that has gained fairly widespread adoption since its inception in 2011. A form of digital money that utilizes a blockchain to easily maintain a public ledger of all transactions, litecoin is used to transfer funds directly between individuals or businesses without the need for an intermediary such as a bank or payment processing service.
⏺️In Morgan Creek Capital Management’s 2Q/2018 Market Outlook and Review, the asset manager makes the bold claim that fiat currency will be entirely replaced by cryptocurrency in the future. “In our view, blockchain is a truly revolutionary technology that will disrupt the entire Chain of Value in the same way that the Internet disrupted communication and commerce. [We] believe money as we know it is going away and it will be replaced by the Internet of Money (or Internet of Value). [We] believe Bitcoin (and other cryptocurrencies) are here to stay and they are just getting warmed up,” Morgan Creek states in its report.
Despite claims by opponents of decentralized digital currencies that bitcoin is a fraud and that the “crypto bubble” has popped, Morgan Creek believes that the recent drop in crypto asset prices (as well as future drops) “will turn out to be barely observable wiggles on a long-term chart as cryptocurrencies replace fiat currencies over the coming decades.” Although incumbents pushback most affected by this disruptive technology, namely financial institutions and governments, bitcoin has entered the mainstream conversation more than ever before. Moreover, more and more individuals are moving their money from fiat currency into its cryptographic counterpart, thus adding to the digital currency’s network effect the report claims.
Follow @bitcoin.story for more news.