Online Cash Bitcoin Could Challenge Governments, Banks

This uncertainty is driving investors crazy in the USA. I have been wanting to start a small web business using coins. I have quite a bit of knowledge and I could use the extra income stream, but this roller coaster interpretation (legally) keeps scaring me off. Its more of a simple hobby to me but I am connected in ways that would be fun to explore. Wonder when this will finally get a clear determination?? Even if BTC went completely bust it wouldn't drastically change my life, so don't fear for me I only do this conservatively. LOL!!

 

Ethereum Network Under Computational DDoS Attack

http://news.softpedia.com/news/ethereum-network-under-computational-ddos-attack-508583.shtml

 

Congress now has a caucus dedicated to bitcoin and blockchain

http://www.nextgov.com/cybersecurit...ucus-dedicated-bitcoin-and-blockchain/131849/

 

Its easier and cheaper to use bank wires than Bitcoin - The Disaster that is Bitcoin

-- Tom

 

What is blockchain, and why is it growing in popularity?

-- Tom

 

Not a TRUE version of reality. Amateur using coinbase and taking days to get funds on board. I am in the BTC ecosystem and funds move instantly both when I buy and when I sell/use them. Using contacts when I buy I deposit $ and literally in a few seconds my btc accounts are filled to expectation. Never an issue, virtually instant.

The issue with Bank wire is simple ---- THEY always want to control things. I am trying to get away from THEY, whoever that is!!!!

 

Blockchain technology can help save the lives of millions of refugees by giving them a verified identity

http://www.nextgov.com/cybersecurit...efugees-giving-them-verified-identity/132427/

 

Bitcoin is unstable without the block reward

-- Tom

 

Bitcoin exchange boss going down for washing ransomware cash

-- Tom

 

US Federal Prosecutor: You ‘Can’t Shut Down Bitcoin’

-- Tom

 

Good news

 

I second that !

Across the world , banks have proved themselves unfit for purpose and continue to publicly soil themselves.
It is clear where their priorities lie :- themselves first , shareholders second ..... and somewhere way down the line ... customers .

A system that facilitates direct person-to-person transfer without THEM involved has to be better.

It's not a new concept either .... the Hawala system has been operating for many centuries .
Any amount of cash can be transferred to almost anywhere , without any paper trail .

There is an article here , which serves as a good introduction to the concept of Blockchains and how they can be employed for useful purposes
other than finance.

One of the more interesting concepts is a way for people to sell their personal data .
The very same types of data that Google , Facebook et al are selling ( but not paying for ).

 

Hi quietman,

I wonder if there is a way for us individuals to not only be recognized as owner's of our own personal data, but to make'm pay us for selling it!!!

-- Tom

 

Yes indeed , there is precisely that possibility .

And a blockchain approach is a tantalizing way to achieve it ..... and you could just make it all up !
.... check out the article I linked ( scroll down to the end ) .

 

Exploring trends in automated crypto trading

https://www.helpnetsecurity.com/2017/01/02/automated-crypto-trading/

 

total [thumbsup] on my end!

 

http://securityaffairs.co/wordpress/56418/hacking/zerocoin-implementation-bug.html

 

https://cointelegraph.com/news/how-...in-may-infiltrate-coinmarketcap-crypto-events

 

http://www.coindesk.com/danish-police-claim-breakthrough-bitcoin-tracking/

 

Doorstep of 1200!

 

Yeah, maybe by early March Or mid-late April, if price drops to the long-term trend.

 

So GiveDirectly accepts Bitcoin donations:https://www.givedirectly.org/give-now# You do need a Coinbase account, however. But hey.

They're a universal income NGO, doing a pilot project in Kenya. See https://www.nytimes.com/2017/02/23/magazine/universal-income-global-inequality.html