Sean Worthington, Founder of CloudCoin – Bitcoin.com

Welcome Bitcoin refugees!

We are about to receive a large number of refugees. Please be polite and welcome them into our community. Be polite and understanding, they come from a troubled land.
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Canadian regulators welcome US Bitcoin refugees with open arms

Canadian regulators welcome US Bitcoin refugees with open arms submitted by _x3notif to Bitcoin [link] [comments]

As a Bitcoin refugee, I have found my new home.

Well, this is it. I got into bitcoin relatively early (too bad that I was a student with no money to invest), but the last couple of years I became more and more disillusioned, as I watched it being taken over by banks and corporations which exploit its flaws for profit (blockstream).
I tried Raiblocks as I heard that it "just works", and it does. It has the feel that bitcoin had in its prime. So, I took the leap of faith... and migrated. I only hope that XRB will fare better than bitcoin in fulfilling Satoshi's dream and stand the test of time.
Please don't disappoint me Raiblocks, you're my only hope.
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ELI5 to Bitcoin refugees how $2 fees and backlogged chain is any better than Bitcoin?

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11-04 17:43 - 'Bitcoin refugees from orphaned blocks.' by /u/KickassMcFuckyeah removed from /r/Bitcoin within 29-39min

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Bitcoin refugees from orphaned blocks.
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I'm a r/bitcoin refugee but also a small block supporter.

I appreciate the lack of censorship here but its a similar echo chamber to bitcoin. It's important to rely not on what other people are saying. Read the white papers, the talks, understand the technology and make your viewpoint from your own knowledge.
If you don't understand the technical tradeoffs and have an opinion you are doing it wrong.
Hopefully we can get the whole community in here so we can get some discussion rather than polarized rhetoric!
submitted by aberrygoodtime to btc [link] [comments]

Canadian regulators welcome US Bitcoin refugees with open arms • The Register

Canadian regulators welcome US Bitcoin refugees with open arms • The Register submitted by CryptoJunky to CryptoCurrency [link] [comments]

Canadian regulators welcome US Bitcoin refugees with open arms

Canadian regulators welcome US Bitcoin refugees with open arms submitted by d3sperad0 to countermine [link] [comments]

Bitcoin mentioned around Reddit: As a Bitcoin refugee, I have found my new home. /r/RaiBlocks

Bitcoin mentioned around Reddit: As a Bitcoin refugee, I have found my new home. /RaiBlocks submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin Refugee: getting started with XRP?

Hey all! i'm new to XRP, but not new to virtual currency. I lived fulltime off of linden/second life exchanges for a while and currently an looking to get out of the overinflated BTC market. XRP seems very interesting to me, but i don't know how to get started really? I am told i need 300 XRP to get started; how would one go about getting that?
I've heard of giveaways of 20k XRP at bitcoin forums, but unfortunately i wasn't a member at the cutoff date so i'm ineligible. anyone have any tips to get started? Would you suggest liquidating BTC into XRP at this point or is there a USD -> XRP exchange that would be more worthwhile? Any other giveaways or easy ways to get started i don't know about?
Thanks!
my wallet is rnc1PaGozBjjFqQNUroc5DJYC4GnpL5B8H
submitted by aresdesmoulins to ripplers [link] [comments]

Movements from Bitcoin to Ethereum! Who here is a bitcoin Refugee? what about the Spams a few weeks ago? There is a Connection to these two parties !

So many threads with questions and posts from obvious 'Bitcoin Refugees'. when i saw this in ethereum i thought about the whole 'Spam'-thing in Bitcoin threads and the excitement about it.
So is This spamming in ethereum Right Now ?!
Could it be that everything from the very first beginning (Vitalik starts @bitcoinmagazine, Crowdsale in BTC, ...) in Ethereum universe is somehow connected with the invention of Bitcoin. So almost all Movements into Ethereum came through Bitcoin.
So whats the point of this spamming disaster ?!
Is somebody here who didn't made his entry into the world of Cryptocurrencies and ethereum through bitcoin? How You came here if not from Bitcoin Universe?
I am really interested about the constellation of movements into Ethereum partizipation.
So. anybody who is or was believing in Bitcoin, if Spammed or not, wouldn't regret if joined the ethereum spaceship the last 2 month ... Right?
Maybe things are more connected than most people think or believe.
At least. Welcome Refugees ! and still loving Bitcoin ! Regards from Germany. We know how important it is to be tolerant.
:D MOO HAHA
submitted by touchcomato to ethereum [link] [comments]

I'm a r/bitcoin refugee but also a small block supporter. /r/btc

I'm a bitcoin refugee but also a small block supporter. /btc submitted by BitcoinAllBot to BitcoinAll [link] [comments]

The /r/btc China Dispatch: Episode 1 - China Reacts to Hearn’s Rage Quit

Hello, fellow /bitcoin refugees! The thought recently occurred to me that the transition from North Korea to our new uncensored home here might be helped if more original content was published to this sub. As I am a translator by trade, it seems like the best way for me to contribute on an individual level is to provide the English-speaking community here with a window into how the Chinese-speaking bitcoin community thinks about bitcoin and the issues facing bitcoin today. I believe that it is more important now than ever to bridge the cultural and linguistic gaps in this space so that more minds can have access to all available information and work on the most important problems facing the community together.
Therefore, I have decided to commit a small amount of time every day for the next week to translating a Chinese discussion thread or news article into English. My hope is that you guys will find these translations interesting and informative and if the response this week is generally positive, I may consider making this into a regular project.
So, without further ado: here is a thread from the Chinese bitcoin forum 8btc.com regarding Mike Hearn’s recent decision to throw in the towel on bitcoin. The original thread can be viewed here: http://8btc.com/thread-27998-1-1.html)
[OP]
Title: The Bitcoin Experiment Has Failed: Time to Sell Your Holdings and Pack it in Folks
Posted by 英年早睡
I’ve spent more than 5 years being a Bitcoin developer. The software I’ve written has been used by millions of users, hundreds of developers, and the talks I’ve given have led directly to the creation of several startups. I’ve talked about Bitcoin on Sky TV and BBC News. I have been repeatedly cited by the Economist as a Bitcoin expert and prominent developer. I have explained Bitcoin to the SEC, to bankers and to ordinary people I met at cafes.
From the start, I’ve always said the same thing: Bitcoin is an experiment and like all experiments, it can fail. So don’t invest what you can’t afford to lose. I’ve said this in interviews, on stage at conferences, and over email. So have other well known developers like Gavin Andresen and Jeff Garzik.
But despite knowing that Bitcoin could fail all along, the now inescapable conclusion that it has failed still saddens me greatly. The fundamentals are broken and whatever happens to the price in the short term, the long term trend should probably be downwards. I will no longer be taking part in Bitcoin development and have sold all my coins.
http://www.8btc.com/mike-hearn-bitcoin
Well it looks like one of the big gods has spoken. What are you guys still holding out for?
[Response 1]
Posted by 胡老头
Back in 2013 there was a developer who gave up on bitcoin, and what happened after that? This is nothing but a personal miscalculation. I don’t care whether it’s a developer or even Satoshi himself saying that a decentralized system like bitcoin has failed - it’s equally meaningless and doesn’t do anything to change the general trend of robust development.
[Response 2]
Posted by ls-a
This Mike Hearn is the guy who was promoting XT, right? Just because XT has failed doesn’t mean that bitcoin has failed.
[Response 3]
Posted by 秦的爱恋
Just because bitcoin has failed doesn’t mean that cryptocurrency has failed.
[Response 4]
Posted by yuli7376
The future success or failure of bitcoin is not something that can be decided by a single person. Even if the entire development team quit there will always be new people who will take the reigns and continue development.
[Response 5]
Posted by bitea
I guess the foreign [Western] community had a bit of a shock and have started selling? In that case keep it up guys. Makes it easier for us to accumulate.
[Response 6]
Posted by 玛_雅
This Mike Hearn is the guy who was promoting XT, right? Just because XT has failed doesn’t mean that bitcoin has failed.
His decision “not to continue participating in the development of bitcoin” may be due to the fact that the community saw that he put forward the radical proposal known as XT and expelled him since he was not suited to core development. In truth, he didn’t exit core development, but was kicked out. Now with this announcement he’s trying to make it out like he’s the one quitting as a way to save face.
Given that he tried to promote the 8MB solution in XT, it’s clear that he’s not a “big god,” but more like just a “big cow” [translator’s note: in Chinese netspeak, “big cow” can be used to refer to someone of talent, but the word is a significant step below “big god”]. There is a greater security risk with 8MB. The real big god is the guy who proposed the “segregated witness” soft fork.
[Response 7]
Posted by 大绅士奇奇怪
I looks to me like he’s pissed off because of the lack of support for XT. At the current stage the vast majority of people who accept bitcoin are fairly radical. Yet this big god complains in his essay that other people are too conservative! He’s gotta be off his meds. Also, this big god seems to really like to talk smack about China’s internet, but he doesn’t do anything except complain. His attitude is really not what you would expect from someone of his caliber.
[Reponse 8]
Posted by vatten
Any time that money is involved any kind of radical proposal is going to be rejected. It’s the same reason why the US Fed can only move interest rates 0.25% at a time.
[Response 9]
Posted by yuxuan
If you don’t want to play, just leave quietly.
That’s all for now folks. Will be back with another installment tomorrow.
Edit + 4 hours: Holy shit. Never would have thought there would be so much enthusiasm for this post. Thanks for all the positive feedback. I look forward to continuing this series in the future!
submitted by KoKansei to btc [link] [comments]

Learn how Valiu allows VENEZUELAN REFUGEES to send Bitcoin back into their home country

Learn how Valiu allows VENEZUELAN REFUGEES to send Bitcoin back into their home country submitted by litocoen to Bitcoin [link] [comments]

Bitcoin will be Vital to Refugees of Impeding Climate Bomb

It's expected that by 2050 there will be at least 1.5 billion people around the globe displaced by the effects of climate change (Source) such as coastal flooding, extreme weather events, drought/famine (Source), scarcity of freshwater (Source), and political conflict (Source, Source), to name a few. These issues do not respect national borders and will hit particular regions, countries, and continents harder than others. This will invariably create mass migrations of especially low-income people across national borders particularly in regions like Central/South America (Source), Sub-Saharan Africa (Source, Source), and Southeast Asia (Source, Source, Source). When these people inevitably migrate across borders, they will lack any means of transporting whatever wealth they have with them beyond what they can carry. With the increasing penetration of cellular devices and networks (Source) along with initiatives by technology giants to provide internet access to these same regions in the coming years (Source, Source, Source), the internet of money could provide a means for these refugees to migrate their wealth with them in an environment where governments and financial institutions in the countries affected by mass migrations could well be in the midst of collapse (Source, Source).
While the wealth of these individuals may be minute relative to their western counterparts, in aggregate, this wealth could amount to billions or trillions of dollars flowing into Bitcoin as a result of these mass migrations. We've already seen western banks discriminate against refugees (Source), which will force these migrants to search for alternatives that provide significant accessibility, portability, and security for their savings. The only solution that I can conceive and fits these requirements is Bitcoin, suggesting a very important role for it in the future as the effects of climate change worsen and displace people around the world.
submitted by axb4sa to Bitcoin [link] [comments]

Weekly Action Step: Make a point to welcome the newcomers!

When I first learned about bitcoin back in the spring of 2013, I immediately thought: "This is amazing...but how can I help? What can I do?"
Like some of you, my lack of a computer science knowledge did not temper my enthusiasm regarding the cryptocurrency space, but I quickly found that it did limit by ability to contribute. Which makes sense. I wouldn't expect to walk into an artificial intelligence lab and build a robot, or to play a video game and then build the sequel, but I still found it difficult to be so invested - both financially and metaphorically - in bitcoin while being regulated to sidelines. It didn't take long to resent my role as an observer, and to grow increasingly frustrated as the fraud, corruption, cynicism and discord in bitcoin continued to grow.
Enter ethereum.
When I first read about the pre-sale, I was skeptical. Too skeptical to invest. So I watched. And waited. And read the blogs. And watched the videos. When Frontier was released, I bought a small amount and promptly panic sold. Then I waited some more. And bought some more. It was at one point in the middle of DevCon1 when things finally started to click, and I realized that the low-ego, optimistic nature of the developers and larger community would be the crux of why this project would be so successful. I also realized that ethereum was turning into what I had wanted bitcoin to be all along.
Instead of selfishness, I found compromise. Instead of greed-inspired development, I found innovation inspired by social responsibility. Instead of a community brainwashed by cynicism and arrogance, I found a community inspired by trust and faith and optimism. A large part of this stems from the ethereum developers, but I also think we picked up a large number of the bitcoin community members who had said, "enough with this" a long time ago.
Now it's not all roses and cupcakes and rainbows, but there is a chance here to do something really special. So to all those non-developers who are looking to get more involved this time around, I propose an easy action step for this week:
Welcome the newcomers.
Whether they are bitcoin refugees or people new to the crypto space entirely, take the time to respond to posts. Welcome them to the subreddit. Tell them what excites you most about ethereum. If you understand the technology, pretend that you are explaining everything to a 30 year old who understands excel but doesn't know what a command line is. Don't get frustrated if they ask the same exact thing that was asked yesterday, just point them in the right direction. Avoid sarcasm at all costs! Most importantly, answer any questions you are able to answer, and if you can't, ask yourself why.
I hope to present weekly action steps for non-developers in the future, and I'm sure they will grow in complexity as ethereum, and our understanding of ethereum, becomes more sophisticated. Personally, I'm taking this opportunity to teach myself computer programming from scratch, and I'm following the amazing work Alex has done with the hopes of writing smart contracts in the near future. I hope I'm not alone.
But for now - as we move from a week that saw thousands of new wallets created and hundreds of new subscribers visiting this subreddit - all you need to do is to welcome those new to ethereum. It's a small gesture that will go a long way in building the crypto community we all desire.
submitted by SonofPegasus to ethereum [link] [comments]

Thoughts on Æthereum and Financial Cryptography

Ahh, the golden future. Binary shouts of “up!” and “down!” on the exchanges, exuberant prostrating at the shrine of the banks and their news-worthy approvals of cryptocurrency—all the while simultaneously pretending to code over their greed and selfishness. In the Poloniex trade box are calls for new BMWs alongside the light-hearted heralding of SkyNet. Real refugees are struggling for food, clothing, and shelter around the world and we have the audacity to discuss the new influx of ‘bitcoin refugees.’ In true celebration of zero sum ingenuity in this “the next big thing,” is the instantaneous monetary evaluations (can we repeat “market cap” another dozen times or so, please?) and the Vegas gambling culture that wellsprings around it, willing to trade each other out to get ahead with more than the next guy. New poker chips hinged on a limited resource: "gas": the hi-tech AI Singularity! Amirite?
Cryptography is merely a means of “hiding” things and a study of the hidden. Genetics, for example, is both a means of decrypting nature and encrypting our semiotic reference points. Back to magic money: One of the most impressive feats of modern cryptographers, to the tune of meta-irony in epic proportions, is not to convince people that math formulas are money—nay!, perceived scarcity and checkbook ledgers are old hat—but rather to convince swarms of people that their math formulas are money.
Hey, Neo: There are no altcoins. There are l e t t e r s and n u m b e r s. Symbols, in other words. And their power rests within the degree to which you believe in them. Your belief is the prima materia. Another neat matrix trick (spoiler alert): when Morpheus shows Neo that he can choose the blue or red pill, that framing is itself the matrix of binary, polarity, dichotomy. It’s what binds aether of space-time. Today vs. tomorrow / here vs. there / 1 vs. 0.
The ræl code that we’re under is a developing blueprint of social engineering, whereby tokenized incentives power a network of conscious attention. Your brain is the real estate, not ether. Your mind is the nexus of the hashing protocol. With your attention directed like a bull by a matador’s cape, digital memes and their socio-economic cultural slants are imported like .dat files from subreddits, news articles, BTCtalk and the marketing algorithms that churn our fear and greed daily into yet another merkle tree of idle attention hashing (this article’s synthesis is no exemption; there is no high horse here). Our eyes gaze into the pixelated horizon of what is promised and expertly crafted to be “the future.” Any day now it’s coming™.
Re-visit the concept of the Master & Slave concept in computer science. The algorithms at work are implicated to keep you passive and tuned in under the coded guise of a subtle revolution. But the kicker is this: Clicking buttons and tapping a keyboard isn’t inventive. Capitalism isn’t revolutionary; nor is building languages so machines can input/output/input/output until we get osteoporosis or the blood pools in our asses from incessantly building their architecture, ironically, to help alleviate our burden of work. Algo (αλγος) in Greek means “pain” after all. Speaking of Eris Industries --#clue, it ain’t money--, αλγος are the daughters of Eris. Pursuing magic spells of the gold coin in the endless spectacle of A-Z and 1-9 has turned us into asses.
No one is to blame here. We’re all human. Sometimes too human, but that’s beside the point. Nevermind the matador’s red cape, is what I’m saying. Instead heed the near flawless performance of replacing the bitcoin carrot with the ethereum carrot. There is no deliberate conspiracy of hoodwinking the masses, no i/o-lluminati hierarchy of corporate power that is sculpting the flow of what counts as money. This Mysterious stream dates back to wampum and cowry shells. Speaking of shells, the Elliot Waves in the stock market kind of resemble ammonite fossils. But I digress.
As the sex organs of the machine world (McLuhan) and the producers of novelty, the human mind is being conscripted en masse for the endless programming and consumption of information. The wizardry spell comes into play by being convinced that what Ether-i-YUM! “is” is substantially different than gold, bitcoin, or any other asset class. It’s an arbitrarily limited and immaterial ledger of numbers that sorts keys from people who have them and people who don’t. In plain English: it’s still you against your brothers and sisters. Oh, plus a self-driving car that is not theirs and a Slock’d Air-BnB they can’t sleep in. With Augur, you can even bet they’re dumber than you! Ahhh, the golden future.
Despite its aspirations to function as a Nike check, the Ethereum “brand” logo has a lot to teach us. The vesica piscis that rests in the center of two-interconnecting circles is a beautiful enigma cypher for the binary world we’re swimming in. As a geometric motif it has repeated throughout history and unfolded its wonders to the inquiring mind. The take-home message? In the life of patterns, though our hands drawing these very patterns are themselves a pattern of existence, strive to be source, not product; strive to be cause, not effect.
{end of broadcast. /insert tokens of love to continue}
“The temple is holy because it is not for sale” Ezra Pound in his Cantos (1959).
submitted by Plumerian to ethereum [link] [comments]

From the importantce of privacy

Quoted from Former 'Plunge Protection Team' Member Warns "Blockchain Is Freaking Governments Out"
(http://www.zerohedge.com/news/2017-07-22/pippa-malmgren-talks-bitcoin-refugee-crisis-and-plunge-protection-team)
“Governments like China and Russia, which are seeking to create their own digital currencies” / “The question is can you trust the private hands who are issuing Ethers as much or more as you trust governments. So governments are being to say let’s create our own version, … because otherwise, you are going to end up with private sector currencies that possibly are trusted more than government currencies, and that will lead to transactions offline that governments can’t see.”
" You have got to get familiar with quantum computing … because of the speed at which you can process information. We now have quantum computers. The Chinese apparently have the fastest … basically you can break a block chain password or a Bitcoin password in like less than a minute if you have a quantum computer."
“…with blockchain you have total transparency over every single step of a transaction, complete providence of every single transaction”
After hearing this interview, I am the one freaking out !
submitted by gefinance to Monero [link] [comments]

"We now have quantum computers. The Chinese apparently have the fastest. There is D-wave out of BC ... you can break a block chain or Bitcoin password in less than a minute if you have a quantum computer. The question is who is going to have them, and the answer is mainly governments..."

I know some of you read this yesterday, but I think the headline did not highlight the right thing. What should have been news is this former White House representative who was in the US' Working Group on Financial Markets (a.k.a. the "Plunge Protection Team"). She's now in the private sector, talking about governments using quantum computing to seize bitcoin keys.
On The Rise Of Blockchain and Cryptocurrencies and The Fall Of Dollar Hegemony
Moving on, Townsend took the conversation in a direction that he said might be outside of Malmgren’s comfort zone: The rise of cryptocurrency’s like bitcoin. Contrary to his expectations, Malmgren said she’s been closely following the increasing use of cryptocurrencies, adding that they will likely play a role in determining who dominates the global economy, and therefore determines the monetary framework, after precipitating the next big paradigm shift, which will lead the world away from the dollar-based framework that exists today. Governments like China and Russia, which are seeking to create their own digital currencies, pose a greater threat to the long-term dominance of the dollar than they, or the US, realize.
Erik: I want to shift gears now to a topic I didn’t used to think of as being geopolitically oriented, which of course is your area of expertise, and that is crypto currencies. In the beginning, Pippa, if you look at what BitCoin was at the very beginning, it was something only interested extreme Libertarians who were very interested in financial privacy. Nobody else was paying attention to it. It was designed really to usurp the ability of government to interfere with and control people’s finances. It seems that it is almost going through a complete transformation where now we have the Ethereum guy, I forget his name (Vitalik Buterin), meeting with Putin talking about some kind of partnership to create a digital crypto currency that will become a national currency for Russia. Meanwhile, PBOC is advertising to hire block chain engineers to help to design the digital yuan or digital RMB. So all of a sudden, it seems like what’s going on, and I don’t remember the gentleman’s name. But there was someone from PBOC, a very senior official, saying it was time for central banks to stop ignoring crypto currencies and recognize that we have got to take the lead and we have got to be in charge of these things and design what we want them to be. Where is this going? It seems like to me this is a game changer if national governments are going to get behind crypto currencies. Where does this take us?
Later on, she talks more about crypto currencies. I've bolded the really alarming parts.
Pippa: Totally. I think it is a massive market and geopolitical issue. I have written a little article about this, which I put up on LinkedIn, where I said you have got to understand if the size of your debt problem is so big that it can’t be paid off and in fact even inflation, which is the usual way you would seek to default on your debt slowly over time, you can’t get enough inflation generated, then there is one further option. And that is you literally abandon the entire system of money, and accounting. I know that sounds unbelievably radical, but we have seen it happen before. I explained the example of Britain in 1834, when they abandoned the traditional system they had used for 1,000 years at that time, which was called the Tally Stick system. So when we say we tally things up or the word stock market refers to the use of little wooden stocks. They were little pieces of wood on which you record every transaction during your life, every borrowing, every lending deal, every asset acquisition, every tax payment. The way it worked was it was literally a wooden board. You cracked it half really roughly so the two sides definitely did match and couldn’t be faked. Then the borrower and the lender each marked all their transactions. The stock end was always the smaller end, so that’s where we get stock market. There was a market in the stocks, these little wooden sticks. Bottom line was why would you abandon a system that has worked perfectly beautifully for 1,000 years. The answer is you had 200 years of war debts that had accumulated. They were unable to get inflation up enough without causing social unrest, and so the government said hey, let’s take the tally sticks back, and give people this great new innovation called paper money.
You can imagine everyone said I am going to hand over this record, this ledger of my entire net worth, and you are going to give me a piece of paper. Really? This is a joke. In the end, what the government had to do was confiscate the tally sticks, and they took them to parliament to burn them. They misjudged how much heat the fire would throw off, and that is what caused Parliament to burn to the ground in 1834. It was the destruction of the system of accounting and money. In its place, we adopted what we now use, which is piece of paper we call cash. Today, we are on the brink of similar step change, and the way you will do it is you move to electronic money in conjunction with blockchain. Blockchain is the new ledger, and e-money is the new currency.
The question is whose e-money. So everybody in government circles have been watching the Indian experience because the prime minister stepped up to the platform in early November and basically said we are going to move all of you, a billion people, off paper money and onto electronic money, and we are going to do it in three months. They did it, and they did it successfully. Now governments everywhere are saying we want to do that because, guess what happens when you move to e-money. First of all, you really eliminate the black market because you can’t transact anymore without it being seen. And so, for example, the European Union are talking heavily about moving to electronic money because then all this black market activity that happens in Greece and Italy where there’s no tax, we will be able to get all that tax revenue off it. That’s one reason. The second reason is with blockchain you have total transparency over every single step of a transaction, complete providence of every single transaction. The question is who gets to see it. I think this is where governments are suddenly a little schizo because on the one side they think they are going to have the ability to see every transaction that you and I and all the listeners are engaged in, but Ethereum has created this platform where actually they won’t necessarily be in government’s hands, maybe in private hands.
The question is can you trust the private hands who are issuing Ethers as much or more as you trust governments. So governments are being to say let’s create our own version, and that’s where you get the PBOC saying we’ve got to control this. Because otherwise, you are going to end up with private sector currencies that possibly are trusted more than government currencies, and that will lead to transactions offline that governments can’t see. There was a report going around the Internet recently about some guy who made $200 million bucks trading on Ethereum in a month, and the question was who will tax that. The answer is nobody. That freaks governments out to say the least, particularly given their debt situation. So I think this is a huge, huge thing, and all investors have to think very carefully about it. I will say one last thing about it. You have got to get familiar with quantum computing, and there is loads of stuff on the net about it. But the reason it matters is because of the speed at which you can process information. We now have quantum computers. The Chinese apparently have the fastest. There is D-wave out of British Columbia, but basically you can break a block chain password or a Bitcoin password in like less than a minute if you have a quantum computer. The question is who is going to have them, and the answer is mainly governments but big corporations are buying them like crazy. Volkswagen just bought one. We are going to see major corporations buying that computer power.
The question then is who has most transparency over the block chain and e-money, and I would argue it is going to be whoever has the most and fastest processing power, which may be governments at times, it may be private at times, it may be fluid. That’s what we have to think about as investors.
Entire article http://www.zerohedge.com/news/2017-07-22/pippa-malmgren-talks-bitcoin-refugee-crisis-and-plunge-protection-team
submitted by CookyDough to Bitcoin [link] [comments]

What do you guys think will happen to litecoin now that bitcoin's difficulty is skyrocketing?

I am pretty new to this so I am not sure what usually happens, but I would like to hear some predictions on how bitcoin's difficulty increase affects litecoins.
Will litecoin's difficulty also increase because of the bitcoin refugees? Will the price of litecoin drop/increase?
Thanks!
submitted by vinhboy to litecoinmining [link] [comments]

UK charity Aid Box Community are now taking Bitcoin donations to buy food and essential living items for self-isolating refugees and asylum seekers

UK charity Aid Box Community are now taking Bitcoin donations to buy food and essential living items for self-isolating refugees and asylum seekers submitted by monkeymountain to Bitcoin [link] [comments]

Why says the bitcoin inventor Vincent van Volkmer (aka Satoshi Nakamoto) that refugees are the best weapon of 21st century and Erdogan is a master of it?

Why says the bitcoin inventor Vincent van Volkmer (aka Satoshi Nakamoto) that refugees are the best weapon of 21st century and Erdogan is a master of it? submitted by MartinSchimansky to Bitcoin [link] [comments]

UN uses digital currency platform to help refugees Crypto-education for Venezualan Refugees [b4H awards] Bitcoin Q&A: Global financial crisis (GFC) BTC's support to Skilling Uganda in the refugee camps

How Blockchain Is Kickstarting the Financial Lives of Refugees Finlands digital money system for asylum seekers shows what blockchain technology can offer the unbanked. For a refugee in a new country, identityat least in the official sensecan be among the hardest things to recover. And without an official ID it is nea . trending; Blockchain And Refugees Bitcoin . Blockchain And Refugees . May ... From Refugees To Hedge Funds: Bitcoin’s Universal Appeal. by. Cole Walton. Sep. 9, 2019 . Bitcoin's not just for the rich - or the poor. Don't Miss Market Moving News. Get daily crypto briefings and weekly Bitcoin market reports delivered right to your inbox. Sign Up. Trending News. Investors in Disbelief as Cardano Prepares to Break Out. Markets 2 days ago. Whales Loading Up on XRP, Aiming ... Decentralised government project Bitnation offers refugees blockchain IDs and bitcoin debit cards The Blockchain Emergency ID is a rudimentary emergency ID, based on the blockchain technology. Refugees do not have IDs, so they can’t have bank accounts. They don’t know anyone in the Netherlands, not yet at least. Bitcoin became an even bigger part of my professional work. The ... Sean talks about his creation Cloudcoin. 100% Anonymous with No Blockchain or Public Ledger. Cannot be counterfeited, lost or double-spent. This episode is sponsored by the Bitcoin.com Exchange, making cryptocurrency trading accessible to everyone, anywhere in the world.

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UN uses digital currency platform to help refugees

Digital currencies like "Bitcoin," "Litecoin" or "Ether" are known for their volatility. But the technology behind these currencies is proving so efficient and reliable, that it's been ... 0:00 The "blockchain 4 Humanity" foundation identifies, awards and helps global impact projects using blockchain technology. http://b4h.world 0:51 Interview ... Blockchain Live Bitcoin Giveaway - Meeting Airdrop 10000 Bitcoin 比特币 Blockchain US 7,498 watching Live now This Man is Helping Sudanese Refugees to Farm in Uganda - Duration: 2:09. What will happen in Bitcoin and other cryptocurrencies? Some people are a bit gleeful about the idea of a global financial crisis, that it will "send bitcoin to the moon." Beware what you wish for ...

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