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How Bitcoin Cash Can Avoid the Same Mistakes as Bitcoin Core, Part 4 of 4 – Bitcoin News

How Bitcoin Cash Can Avoid the Same Mistakes as Bitcoin Core, Part 4 of 4 – Bitcoin News

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Please share if you find this article interesting. How Bitcoin Cash Can Avoid the Same Mistakes as Bitcoin Core, Part 4 of 4 - Bitcoin News News 1 min ago | By OP-ED - | 415 The following opinion piece on Bitcoin Cash was written by Jonald Fyookball We’ve already discussed 3 reasons why the bitcoin project was subverted: lack of education, lack of clarity, and centralized development. Today I will proffer two more: censorship and propaganda were allowed to run rampant; miners didn’t understand their power and responsibility. Last Friday, Coingeek.com held a fantastic conference in Hong Kong on the topic of blockchain commerce. The conference concluded with a panel discussion featuring 3 of the most well-known thought leaders in the Bitcoin Cash community: Roger Ver, D
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Exec of $5.1 Trln Investment Firm Makes Tired Comparison of Crypto to Tulips

Exec of $5.1 Trln Investment Firm Makes Tired Comparison of Crypto to Tulips

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Please share if you find this article interesting. Exec of $5.1 Trln Investment Firm Makes Tired Comparison of Crypto to Tulips The global chief economist of a major investment firm has criticized cryptocurrencies in an op-ed on investment fund news site ETF.com published yesterday, May 21. Joe Davis, the global chief economist and global head of Vanguard Investment Strategy Group, stated that while blockchain technology shows promise, the rise of cryptocurrencies can be compared to the Netherlands’ 17th century “tulip mania,” a classic example of a bubble market. Davis, whose firm manages a reported $5.1 trillion in assets globally as of this January, began the piece by remarking on his enthusiasm for blockchain technology – which he notes Vanguard uses – but adds that: “As for
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He Paid How Much? CoinDesk Releases ‘Bitcoin Pizza Day’ Price Tracker

He Paid How Much? CoinDesk Releases ‘Bitcoin Pizza Day’ Price Tracker

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. He Paid How Much? CoinDesk Releases 'Bitcoin Pizza Day' Price Tracker Eight years ago today, the first reported exchange of bitcoin for a consumer product - a pair of Papa John's pizzas - took place. At a total cost of 10,000 bitcoins, it was a milestone for the adoption of cryptocurrency and one that has since been commemorated though the celebration of May 22 as "Bitcoin Pizza Day." Yet even the most cursory observation of Bitcoin Pizza Day isn't complete without a calculation of precisely how much, in dollar terms, those two pizzas cost. With that, CoinDesk is today releasing a new widget that provides a real-time calculation that you can add to any website. As of press time, that's about $83.7 million for the two pies, or j...
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Johannesburg Gets a New Crypto ATM, Ban Threatened Harare May Lose One – Bitcoin News

Johannesburg Gets a New Crypto ATM, Ban Threatened Harare May Lose One – Bitcoin News

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Please share if you find this article interesting. Johannesburg Gets a New Crypto ATM, Ban Threatened Harare May Lose One - Bitcoin News Economy & Regulation A new crypto teller machine is now operational in South Africa’s largest city, Johannesburg. The ATM, which supports several digital coins, has been installed at a supermarket in the north-western part of the city’s metro area. It is the latest addition to a growing number of terminals offering automated crypto-fiat exchange services in the country and across the continent. Not all is rosy in the region, however. A crypto ban in neighboring Zimbabwe may deprive Harare of its bitcoin ATM. Nevertheless, crypto teller services are spreading in Africa.    Also read: Coinsource Installs 20 Bitcoin ATM Machines Around Washing
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Bitcoin in Brief Tuesday: Crypto Revolution Starts Reshaping Global Politics – Bitcoin News

Bitcoin in Brief Tuesday: Crypto Revolution Starts Reshaping Global Politics – Bitcoin News

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Please share if you find this article interesting. Bitcoin in Brief Tuesday: Crypto Revolution Starts Reshaping Global Politics - Bitcoin News The Daily Before all the Lambo memes, shady no-product ICOs, and get-rich-quick schemes invaded the scene, Bitcoin was meant to disrupt the current economic system. Today’s edition of Bitcoin in Brief showcases how that promise is starting to materialize in different fields, including the future of elections and geopolitics. Also Read: Bitcoin in Brief Monday: New EU Rules Kill Another Crypto Venture Iran and Russia Consider Bitcoin to Skirt Sanctions Iranian and Russian lawmakers are jointly examining the idea of using cryptocurrency to bypass international and American sanctions. Mohammad-Reza Pourebrahimi, who chairs the Iranian Pa
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From the Internet to Crypto – How the World’s Richest Have Sized Things Up

From the Internet to Crypto – How the World’s Richest Have Sized Things Up

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Please share if you find this article interesting. From the Internet to Crypto - How the World’s Richest Have Sized Things Up Throughout history, the thoughts and perceptions of the masses have been shaped by leaders of politics, industry and entertainment. The greatest minds of our time have often predicted and touted some of the most prolific innovations. Lended the support of these voices, these very innovations have shaped the way the world works. Internet A prime example would be the Internet. The technology revolutionized communication in the 1990s and led to a surge in investments in Internet-based companies. What followed is now known as the dotcom bubble - a rapid rise in equity born out of speculative investing in these dotcom companies eventually led to a stock market
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Failed Bull Breakout Leaves Bitcoin Eyeing Drop to $8K

Failed Bull Breakout Leaves Bitcoin Eyeing Drop to $8K

BITCOIN, CURRENT EVENTS, EDUCATION, FINANCE
Please share if you find this article interesting. Failed Bull Breakout Leaves Bitcoin Eyeing Drop to $8K Bitcoin's failed bull move on Sunday has left the doors open for the bears to make a comeback. The inverse head-and-shoulders breakout on May 20 signaled a short-term bullish reversal that could have seen bitcoin rise to $9,000 (target as per the measured height method). However, the bulls ran out of steam at a high of $8,644 yesterday and prices had fallen back to $8,240 at time of writing - a drop of 2.8 percent over the last 24 hours, according to Bitfinex. The decline did not come as a surprise, though, given the breakout lacked volume support, and a drop to $8,000 could now be on the cards. 1-hour chart As seen in the chart above, BTC fell back below the inverse head
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U.S. CFTC Seeks to ‘Provide Regulatory Clarity’ for Listing Virtual Currency Derivatives

U.S. CFTC Seeks to ‘Provide Regulatory Clarity’ for Listing Virtual Currency Derivatives

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Please share if you find this article interesting. U.S. CFTC Seeks to ‘Provide Regulatory Clarity’ for Listing Virtual Currency Derivatives The U.S. Commodity Futures Trading Commission (CFTC) has issued an advisory statement for listing virtual currency derivative products, according to a CFTC press release published yesterday, May 21. The advisory statement is aimed at providing clarity for exchanges and clearing houses. The staff advisory, which was jointly issued by the CFTC’s Division of Market Oversight (DMO) and Division of Clearing and Risk (DCR), focuses on the specific areas involved in listing virtual currency derivatives on a designated contract market or swap execution facility. It covers the necessity for more market surveillance, coordination with CFTC staff, large
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Blockchain-Driven AI Platform Vows to Solve $500 Billion Issue for the Retail Industry

Blockchain-Driven AI Platform Vows to Solve $500 Billion Issue for the Retail Industry

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Please share if you find this article interesting. Blockchain-Driven AI Platform Vows to Solve $500 Billion Issue for the Retail Industry A platform is combining “cutting edge” artificial intelligence (AI) with the “immutable reliability” of blockchain to create a system where retailers and manufacturers can predict whether they are overstocking or understocking products – an issue estimated to cost the industry $500 bln a year. OSA DC, which stands for Optimal Shelf Availability Decentralized, says its system allows major brands and smaller chains to track product stock, inventories and orders with “pinpoint accuracy.” Shoppers also stand to gain from the platform, as its digital assistant would provide reliable information on a product’s origin, ingredients, traceability, and p
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ICO Round-Up: Nearly 1 in 5 Offerings Accused of Fraud, Bermuda Passes Regulations, Thai SEC Holds Hearing

ICO Round-Up: Nearly 1 in 5 Offerings Accused of Fraud, Bermuda Passes Regulations, Thai SEC Holds Hearing

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Please share if you find this article interesting. ICO Round-Up: Nearly 1 in 5 Offerings Accused of Fraud, Bermuda Passes Regulations, Thai SEC Holds Hearing Crowdfunding A recent “analysis of 1,450 cryptocurrency offerings” published by the Wall Street Journal has claimed to have revealed “rampant plagiarism, identity theft, and promises of improbable returns.” In other ICO news, Bermuda’s parliament has passed regulations that will legitimize initial coin offerings as a means of fundraising, and Thailand’s SEC held a hearing regarding its upcoming ICO regulations. Also Read: Onchain Capital Founder Bullish on BCH and ETH Wall Street Journal Accuses 18.7% of ICOs of Fraudulent Activities Of the 1,450 initial coin offerings (ICOs) recently examined by the Wall Street Journal