Monthly Archives: November 2019

Turkey’s Unexpected Rise to the Top of Global Crypto Adopters

Flying under the radar, Turkey is becoming one of the leading adopters of crypto in the world. When thinking of countries that are ahead of the curve in crypto adoption, Turkey might not be the first place that springs to mind. However, Statistica’s Global Consumer Survey for 2019 shows that a fifth Turkish residents are acquainted with crypto and have been exposed to it in some form or another. If the figures are true, 20% is the highest proportion of all the countries in the world.  Flying […]

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‘Plan A Has Failed’ — Global Debt to Hit $255T or $12.1M per Bitcoin

The amount of worldwide debt will expand to levels never before seen this year, as Bitcoiners urge consumers to “fight the war” on financial sovereignty. The world’s combined debt will hit $255 trillion by the end of 2019 — equal to $32,500 for each person on the planet or $12.1 million per Bitcoin (BTC). Bitcoin figures reacted with shock to the latest figures from the Institute of International Finance, which this month updated its Global Debt Monitor.  $12.1 Million per single Bitcoin By the end of the […]

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Life Changing Profits #61 – Problems I Didn’t Anticipate After Making Life Changing Profits

Join the #1 most REAL world Cryptocurrency Investing Newsletter: https://cryptocurrency.market/newsletter/?utm_source=youtube.com&utm_medium=referral&utm_campaign=LifeChangingFinance&utm_content=lcp61-Problems-I-Didnt-Anticipate Step 1: Like, Share, & Comment below what you learned from this lesson. Step 2: Sign up to the Cryptocurrency Investing Newsletter to get a special free giveaway! https://cryptocurrency.market/newsletter/?utm_source=youtube.com&utm_medium=referral&utm_campaign=LifeChangingFinance&utm_content=lcp61-Problems-I-Didnt-Anticipate Would you like to follow us on Twitter? Follow @HeyTaiZen & @Leoncfu Learn more at: Get your copy of the Cryptocurrency Investing Blueprint™ at: Cryptocurrency Investing Blueprint™ (Version 1.0) Attend the next Cryptocurrency Investing Bootcamp™ at: https://cryptocurrency.market/bootcamp?utm_source=youtube.com&utm_medium=referral&utm_campaign=LifeChangingFinance&utm_content=lcp61-Problems-I-Didnt-Anticipate Powered by WPeMatico

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‘Extremely Dangerous’ — Bobby Lee Regrets Backing Bitcoin SegWit2x

Two years on, the BTCC co-founder regrets supporting the failed SegWit2x Bitcoin hard fork proposal, having previously pushed for its adoption. Bitcoin’s (BTC) failed hard fork attempt from 2017, SegWit2x, was “extremely dangerous and irresponsible,” says a CEO who was formerly one of its biggest supporters. In a series of tweets on Nov. 16, Bobby Lee admitted he was wrong to tout the long-dead Bitcoin scaling solution. Lee: “Bitcoin is the real Bitcoin”  Co-founder of cryptocurrency exchange BTCC and CEO of wallet manufacturer Ballet, Lee was one […]

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Bitcoin ATMs Worldwide Hit New Milestone, Surpassing 6,000

The number of Bitcoin ATMs that allow people to buy BTC and often other cryptocurrencies has now surpassed 6,000 worldwide. The number of Bitcoin (BTC) ATMs installed worldwide has now surpassed a new milestone surpassing 6,000. Online resource CoinATMRadar shows that there are currently 6,004 machines installed worldwide, over 65% of which are in the United States.  The United States dwarfs other countries in Bitcoin ATMs Furthermore, 108 machines have been deployed this month and data also shows that the average daily number of Bitcoin ATMs installed […]

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Canadian Company Commissions 3 Bitcoin Mining Units to Restart Oil Well

A nascent industry utilizing flared gas to power bitcoin mining units has been developing over the past year or so, in symbiosis with the oil and gas industry in North America. Companies providing services in this promising niche continue to install mobile datacenters at oil wells in the U.S. and Canada, helping producers to save on costs and optimize operations while minting digital coins. Also read: China Removes Bitcoin Mining From Unwanted Industries List Crypto Mining Provides Alternative to Gas Flaring Natural gas obtained during oil extraction […]

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Bitcoin Revolution Meets Protestant Reformation, Crypto Drives Change?

“The Bitcoin Reformation” points to four fundamental parallels between the Protestant Reformation and the present day — do they have merit? A bit of historical research was making the rounds on social media recently, a monograph that compares the 21st century emergence of Bitcoin, encryption, the internet and millennials with the Protestant Reformation that shook Europe in the 16th and 17th centuries.  The two events have similar dynamics, argues Tuur Demeester, whose white paper, “The Bitcoin Reformation,” is packed with bold predictions about the crypto and blockchain […]

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Crypto News From the Spanish-Speaking World: Nov. 10–16 in Review

Cointelegraph en Español presents a weekly digest of selected cryptocurrency- and blockchain-related news from the Spanish-speaking world. In this week’s news from the Spanish-speaking world, a Venezuelan official claims that all currencies will be replaced by cryptocurrencies, the Argentinian chief of the Banking Association criticizes fintech and crypto, and Spain offers prepaid visa card to teenagers that they can reload with crypto. Here is the past week of crypto and blockchain news in review, as originally reported by Cointelegraph en Español. “Currencies will be replaced by crypto,” […]

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Bitcoin Traders Are Finding Creative Ways to Avoid KYC

Cryptocurrency traders on Bisq are using Revolut to buy and sell bitcoin without the need for KYC/AML. The decentralized, peer-to-peer marketplace allows anyone to buy or sell cryptocurrency via a range of payment processors and traditional banking services. With Localbitcoins now a twisted nightmare of KYC, privacy-conscious traders have few platforms to which they can turn. But in Bisq, they appear to have found a solution of sorts. Also read: The Bank of Google Wants Your Spending Data Trading Bitcoin Without the Awkward Questions Unlike services such […]

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Presidential Hopeful Andrew Yang Plans to Regulate Crypto Industry

U.S. Democratic presidential candidate Andrew Yang thinks cryptocurrencies experience fraud due to lack of regulations and plans to tackle the issue. Democratic 2020 presidential candidate Andrew Yang has outlined how he plans to regulate the cryptocurrency industry. Promise to promote legislation on cryptocurrencies On Nov. 14, Yang, an entrepreneur, lawyer, philanthropist and a Democratic candidate in the 2020 United States presidential election, wrote in a Nov. 14 blog post on the tech industry that cryptocurrencies experience the levels of fraud that they do because of lack of […]

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