Florida’s Third DCA: Bitcoin Qualifies as Currency

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Blockchain is the most recent in the arrangement of advanced innovations that, due to their decentralized, even, dispersed and open source nature, are required to cause principal and enormous scope changes in how our present social, financial, political relations and foundations are composed. Around 20 years after the announcement of the autonomy of cyberspace1 and the crypto revolutionary manifesto,2 and 12 years after Yochai Benkler laid out how peer creation and web 2.0 would empower a bold new world,3 numerous presently accept blockchain will engage an open, decentralized, disintermediated, shrewd, trustless and cryptographic method of social organization.4 These expectations are mostly founded on the overall accomplishment of Bitcoin. Bitcoin utilizes dispersed record innovation (DLT) to monitor the flexibly and stream of the virtual badge of a money related instrument in a decentralized, disintermediated and evidently secure way. It is, in the expressions of its baffling creator(s), 'a distributed electronic money framework' and a progressing verification of concept.5 Even if Bitcoin neglects to build up itself as a steady standard cash, its fundamental mechanical plan permits people to namelessly (or if nothing else pseudonymously) trade badge of significant worth with one another in a sheltered and secure way, with little or in some cases no dependence on customary confided in mediators, as banks.6 The high perceivability of blockchain in the digital currency territory has provoked inescapable investigation of its application to different spaces, including copyright.
In its easiest depiction, a blockchain is a dispersed record, or an attach just information base, of which each client has a persistently refreshed legitimate duplicate. Any individual who approaches the record approaches a similar full exchange history and the capacity to confirm the legitimacy of all records.13 Sophisticated agreement instruments guarantee that new sections must be added to this dispersed information base on the off chance that they are steady with prior records. This dispersed information base has the ability to record any sorts of information. One can spare a self-assertive snippet of data on blockchain, which turns out to be important for the perpetual record. Records can likewise be utilized to monitor tokens having a place with explicit records (or 'wallets') and the time-stepped exchanges of tokens between accounts. All things considered, DLTs can guarantee that the exchanges are predictable after some time, and tokens are not spent twice. Contingent upon the real mechanical plan, a record holder can be an (mysterious/pseudonymous) individual, a legitimate element, a shrewd agreement (programming code), or any gathering or blend thereof. Tokens, as we show in the following segment, can speak to nearly anything: a unit of virtual money, a benefit, a physical item on the planet, or some other theoretical substance. Past these basic realities, diverse blockchains may follow various plans standards. As we clarify later, this in a general sense impacts their functioning.14
• Static and dynamic blockchain assessment; blockchain wrongdoing scene examination;
• Big data and the blockchain;
• Human–PC joint effort for blockchain applications;
• Blockchain and the Internet of things;
• Languages for insightful arrangement improvement;
• Blockchain-masterminded programming planning;
• Blockchain security and testing;
At this point, unmistakably if there is a grating, it isn't between a specific innovation and copyright. Or maybe, the erosion is between the social, monetary, and political conditions that created the blockchain innovation environment, from one viewpoint, and the social, financial, and political premises from which the current copyright framework created. Maybe abnormally, there is some theoretical arrangement—by all accounts, at any rate—between copyright's selectiveness shortage worldview and the eliteness shortage rationale of blockchains and keen agreements. Notwithstanding, when burrowing further, auxiliary incongruencies rise. Boss among them is the test of accommodating the hyper-fracture of copyright law with the generic, borderless, normalized, and robotized administrative arrangement offered by blockchain innovation.
submitted by Accomplished-Term806 to u/Accomplished-Term806 [link] [comments]

College Education Resources

Not a complete list, but somewhere to start
United States
submitted by chrisknight1985 to cybersecurity [link] [comments]

Trezor Troubleshooting Guide

I've noticed some redundancy in some of the issues raised on this subreddit, thought I'd start a generic troubleshooting thread of what I've found useful. I'd appreciate any suggestions mods or other experts might have.

I - Prerequisite

  1. Read the FAQ
  2. Read the Users manual
  3. Read the Developers guide
  4. Search the Wiki
  5. Try the trezor Troubleshooter

II - Trezor connectivity / stuck spinning circle

  1. Try different cable / USB port / computer
  2. Try without crappy Antivirus software.
  3. Manually add the bootloader registry value just to be paranoid.
  4. Install WinUSB driver with Zadig.
  5. Try disabling browser extensions / ad-blockers.
  6. Try Chrome Guest Mode (easiest way to disable extensions)
  7. Try different browser (Chrome / Chromium / Firefox / Brave)
  8. Try WebUSB
  9. Try Android
  10. Try VirtualBox
  11. Try old-wallet.trezor.io
  12. Try beta-wallet.trezor.io
  13. Try beta-wallet.trezor.io/next

III - Updated FW, coins are gone

  1. Try Legacy Account section.
  2. Did you use the right seed?
  3. Did you use the right passphrase?
  4. Did you enter the recover seed words in the order the Trezor asked you to (hint: not first to last)?
  5. Did you verify that your recovery seed words are in the word list?
  6. Did you check all accounts (click add account) for transactions, or check all MEW ETH accounts (next page) as well?
  7. Did you check your transaction history (Legacy and Segwit) to see if anyone moved coins while you were dormant?
  8. Did you regularly do a dry-run recover to verify that you actually possess the recovery seed that the Trezor is operating with?
  9. Check to see if your brother-in-law found your seed and stole your coins.
  10. Check to see if the digital copy of your seed was hacked.

IV - Can't / Don't want to update FW.

  1. Try performing a dry-run to ensure you have the right seed.
  2. Say a prayer and hope you have the right passphrase.
  3. Use an old version of Electrum / MyCrypto / MEW to see if you can find TXN history.
  4. Use an old version of Electrum / MyCrypto / MEW to move most funds.
  5. Use an old version of trezorctl to move the other funds.
  6. Buy a second Trezor and update that.

V - I'm new to this, How should I backup my seed / passphrase.

  1. Make it simple, your kids / kin may be the ones doing the recovery.
  2. Make it secure in a lockbox or safe or something reasonable.
  3. Make it accessible in case there is market volatility.
  4. Make it resilient and redundant in case there is a fire / zombie apocalypse.
  5. Don't make it digital, hackers are smarter than you are.

VI - I forgot my PIN now I can't access my device

  1. Say a prayer and hope you have the right seed.
  2. Say a prayer and hope you have the right passphrase.
  3. Wipe your device then recover with the seed / passphrase to reset PIN.
  4. Don't forget again.

VII - I forgot my seed / passphrase, what now

  1. Nothing, you effectively put physical currency in an incinerator, no getting it back.
  2. Realize that you've learned a valuable lesson that will serve you well in the future.
  3. Advocate to others the importance of following section [V] above.

VIII - I want support for CrappyForkCoin and I want it now!

  1. Figure out what the fork_id is for CrappyForkCoin and write your own coin JSON file.
  2. Use your JSON file to compile your own CrappyForkCoin trezor FW.
  3. Flash your CrappyForkCoin trezor FW to your personal trezor.
  4. Use trezorctl to make CrappyForkCoin transactions.
  5. Read the wiki on how to add coins just to make sure.
submitted by brianddk to TREZOR [link] [comments]

MeWe: A trip report

Among the more frequently mentioned G+ alternatives at the Google+ Mass Migration community, and others, is MeWe with over 250 mentions. The site bills itself as "The Next-Gen Social Network" and the "anti-Facebook": "No Ads, No Political Bias, No Spyware. NO BS. It is headed by professed Libertarian CEO Mark Weinstein.
As the site reveals no public user-generated content to non-members, it's necessary to create an account in order to get a full impression. I thought I'd provide an overview based on recent explorations.
This report leads of with background on the company, though readers may find the report and analysis of specific groups on the site of interest.


Founder & CEO Mark Weinstein.
Co-Founder & Chief Scientist, Jonathan Wolfe (no longer with company).
Weinstein previously founded SuperFamily and SuperFriends, "at the turn of the millennium". Weinstein's MeWe biography lists articles published by The Mirror (UK), Huffington Post, USA Today, InfoSecurity Magazine, Dark Reading, and the Nation. His media appearances include MarketWatch, PBS, Fox News, and CNN. He's also the author of several personal-success books.
His Crunchbase bio is a repeat of the MeWe content.

Advisory Board

Ownership & Investment

MeWe is the dba of Sgrouples, a private for-profit early-stage venture company based in Los Angeles, though with a Mountain View HQ and mailing address, 11-50 employees, with $10m in funding over five rounds, and a $20m valuation as of 2016.
Sgrouples, Inc., dba MeWe Trust & Safety - Legal Policy c/o Fenwick West 801 California Street Mountain View, CA 94041
Crunchbase Profile.
Founded: 2012 (source)
Secured $1.2M in seed funding in 2014.
2016 valuation: $20m (source]
Despite the business address, the company claims to be based in Los Angeles County, California and is described by the Los Angeles Business Journal as a Culver City, CA, company.



In an August 6, 2018 Twitter post, Weinstein promotes MeWe writing:
Do you have friends still on Facebook? Share this link with them about Facebook wanting their banking information - tell them to move to MeWe now! No Ads. No Spyware. No Political Agenda. No Bias Algorithms. No Shadow Banning. No Facial Recognition.
MeWe provide several policy-related links on the site:
Highlights of these follow.


The privacy policy addresses:

Terms of Service

The ToS addresses:
Effective: November 6, 2018.


The FAQ addresses:


This emphasises that people are social cratures and private people by right. The service offers the power of self expression under an umbrella of safety. It notes that our innermost thoughts require privacy.
Under "We aspire...":
MeWe is here to empower and enrich your world. We challenge the status quo by making privacy, respect, and safety the foundations of an innovatively designed, easy-to-use social experience.
Totalling 182 words.

Privacy Bill of Rights

A ten-item statement of principles (possibly inspired by another document, it might appear):
  1. You own your personal information & content. It is explicitly not ours.
  2. You will never receive a targeted advertisement or 3rd party content based on what you do or say online. We think that's creepy.
  3. You see every post in timeline order from your friends, family & groups. We do not manipulate, filter, or change the order of your content or what you see.
  4. Permissions & privacy are your rights. You control them.
  5. You control who can access your content.
  6. You control what, if anything, others can see in member searches.
  7. Your privacy means we do not share your personal information with anyone.
  8. Your emojis are for you and your friends. We do not monitor or mine your data.
  9. Your face is your business. We do not use facial recognition technology.
  10. You have the right to delete your account and take your content with you at any time.


There are a few mentions of MeWe in the press, some listed on the company's website, others via web search.

Self-reported articles

The following articles are linked directly from MeWe's Press page:
The page also lists a "Privacy Revolution Required Reading" list of 20 articles all addressing Facebook privacy gaffes in the mainstream press (Wired, TechCrunch, Fortune, Gizmodo, The Guardian, etc.).
There are further self-reported mentions in several of the company's PR releases over the years.

Other mentions

A DuckDuckGo search produces several other press mentions, including:


This section is a basic rundown of the user-visible site technology.

Mobile Web

The site is not natively accessible from a mobile Web browser as it is overlayed with a promotion for the mobile application instead. Selecting "Desktop View" in most mobile browsers should allow browser-based access.

Mobile App

There are both Android and iOS apps for MeWe. I've used neither of these, though the App store entries note:
Crunchbase cites 209,220 mobile downloads over the past 30 days (via Apptopia), an 80.78% monthly growth rate, from Google Play.

Desktop Web

Either selecting "View Desktop" or navigating with a Desktop browser to https://www.mewe.com your are presented with a registration screen, with the "About", "Privacy Bill of Rights", "MeWe Challenge", and a language selector across the top of the page. Information requested are first and last name, phone or email, and a password. Pseudonymous identities are permitted, though this isn't noted on the login screen. Returning members can use the "Member Log In" button.
The uMatrix Firefox extension reveals no third-party content: all page elements are served from mewe.com, img.mewe.com, cdn.mewe.com, or ws.mewe.com. (In subsequent browsing, you may find third-party plugins from, for example, YouTube, for videos, or Giphy, for animated GIFs.)
The web front-end is nginx. The site uses SSL v3, issued by DigiCert Inc. to Sgrouples, Inc.


The onboarding experience is stark. There is no default content presented. A set of unidentified icons spans the top of the screen, these turn out to be Home, Chats, Groups, Pages, and Events. New users have to, somehow, find groups or people to connect with, and there's little guidance as to how to do this.


Generally there is a three panel view, with left- and right-hand sidebars of largely navigational or status information, and a central panel with main content. There are also pop-up elements for chats, an omnipresent feature of the site.
Controls display labels on some devices and/or resolutions. Controls do not provide tooltips for navigational aid.


Among the touted features of MeWe are:


A key aspect of any social network is its community. Some of the available or ascertained information on this follows.


Weinstein claims a "million+ following inside MeWe.com" on Twitter.
The largest visible groups appear to have a maximum of around 15,000 members , for "Awesome gifs". "Clean Comedy" rates 13,350, and the largest open political groups, 11,000+ members.
This compares to Google+ which has a staggering, though Android-registrations-inflated 3.3 billion profiles, and 7.9 million communities, though the largest of these come in at under 10 million members. It's likely that MeWe's membership is on the whole more more active than Google+'s, where generally-visible posting activity was limited to just over 9% of all profiles, and the active user base was well under 1% of the total nominal population.

Active Users

MeWe do not publish active users (e.g., MUA / monthly active users) statistics.


MeWe is principally a group-oriented discussion site -- interactions take place either between individuals or within group contexts. Virtually all discovery is group-oriented. The selection and dynamics of groups on the site will likely strongly affect user experience, so exploring the available groups and their characteristics is of interest.
"MeWe has over 60,000 open groups" according to its FAQ.
The Open groups -- visible to any registered MeWe user, though not to the general public Web -- are browsable, though sections and topics must be expanded to view the contents: an overview isn't immediately accessible. We provide a taste here.
A selection of ten featured topics spans the top of the browser. As I view these, they are:
Specific groups may appear in multiple categories.
The top Groups within these topics have, variously, 15,482, 7,738, 15,482 (dupe), 7,745, 8,223, 8,220, 1,713, 9,527, 2,716, and 1,516 members. Listings scroll at length -- the Music topic has 234 Groups, ranging in size from 5 to 5,738 members, with a median of 59, mean of 311.4, and a 90%ile of 743.5.
Below this is a grid of topics, 122 in all, ranging from Activism to Wellness, and including among them. A selected sample of these topics, with top groups listed members in (parens), follows:
To be clear: whilst I've not included every topic, I've sampled a majority of them above, and listed not an arbitrary selection, but the top few Groups under each topic.

Google+ Groups

The Google Plus expats group seems the most active of these by far.

Political Groups

It's curious that MeWe make a specific point in their FAQ that:
At MeWe we have absolutely no political agenda and we have a very straightforward Terms of Service. MeWe is for all law-abiding people everywhere in the world, regardless of political, ethnic, religious, sexual, and other preferences.
There are 403 political groups on MeWe. I won't list them all here, but the first 100 or so give a pretty clear idea of flavour. Again, membership is in (parentheses). Note that half the total political Groups memberships are in the first 21 groups listed here, the first 6 are 25% of the total.
  1. Donald J. Trump 2016 - Present (11486)
  2. The Conservative's Hangout (8345)
  3. Qanon Follow The White Rabbit (5600)
  4. Drain The Swamp (4978)
  5. Libertarians (4528)
  6. United We Stand Trump2020 (4216)
  7. The Right To Self Defense (3757)
  8. Alternative Media (3711)
  9. Hardcore Conservative Patriots for Trump (3192)
  10. Bastket Of Deplorables4Trump! (3032)
  11. Return of the Republic (2509)
  12. Infowars Chat Room Unofficial (2159)
  13. Donald Trump Our President 2017-2025 (2033)
  14. Berners for Progress (1963)
  15. Sean Hannity Fans (1901)
  16. The American Conservative (1839)
  17. I Am The NRA (1704)
  18. Tucker Carlson Fox News (1645)
  19. We Love Donald Trump (1611)
  20. MAGA - Make America Great Again (1512)
  21. Q (1396)
  22. ClashDaily.com (1384)
  23. news from the front (1337)
  24. Basket of Deplorables (1317)
  25. Payton's Park Bench (1283)
  26. Convention of States (1282)
  27. Britons For Brexit (1186)
  28. MoJo 5.0 Radio (1180)
  29. MeWe Free Press (1119)
  30. The Constitutionally Elite (1110)
  31. Libertarian (1097)
  34. #WalkAway Campaign (894)
  35. ALEX JONES (877)
  36. The Lion Is Awake ! (854)
  37. We Support Donald Trump! (810)
  38. The Stratosphere Lounge (789)
  40. Official Tea Party USA (749)
  41. Mojo50 Jackholes (739)
  42. Yes Scotland (697)
  44. Judge Jeanine Pirro Fans (671)
  45. Anarcho-Capitalism (658)
  46. Ted Cruz for President (650)
  47. No Lapdog Media (647)
  48. Q Chatter (647)
  49. Daily Brexit (636)
  50. Tucker Carlson Fox News (601)
  51. The Trumps Storm Group (600)
  52. QAnon-Patriots WWG1WGA (598)
  53. 100% American (569)
  54. Ladies For Donald Trump (566)
  55. Deep State (560)
  56. In the Name of Liberty (557)
  57. Material Planet (555)
  58. WikiUnderground (555)
  59. Trump NRA Free Speech Patriots on MeWe Gab.ai etc (546)
  60. Magna Carta Group (520)
  61. Constitutional Conservatives (506)
  62. Question Everything (503)
  63. Conspiracy Research (500)
  64. Bill O'Reilly Fans (481)
  65. Conservative Misfit's (479)
  66. Canadian politics (478)
  67. Anarchism (464)
  69. Deplorable (450)
  70. Tampa Bay Trump Club (445)
  71. UK Politics (430)
  72. Bongino Fan Page (429)
  73. Radical Conservatives (429)
  75. The Deplorables (409)
  76. America's Freedom Fighters (401)
  77. Politically Incorrect & Proud (399)
  79. Political satire (383)
  80. RISE OF THE RIGHT (371)
  81. UK Sovereignty,Independence,Democracy -Everlasting (366)
  82. The Patriots Voting Coalition (359)
  83. End The Insanity (349)
  84. Coming American Civil War! (345)
  85. Constitutional Conservatives (343)
  86. United Nations Watch (342)
  87. A Revival Of The Critical Thinking Union (337)
  88. The New Libertarian (335)
  89. Libertarian Party (official ) (333)
  90. DDS United (Duterte Die-hard Supporters) (332)
  91. American Conservative Veterans (331)
  92. Anarchism/Agorism/Voluntaryism (328)
  93. America Needs Donald Trump (326)
  94. The UKIP Debating Society (321)
  95. Coalition For Trump (310)
  96. Egalitarianism (306)
  98. 2nd Amendment (287)
  99. Never Forget #SethRich (286)
  100. Green Party Supporters 2020 (283)
It seems there is relatively little representation from the left wing, or even the centre, of the political spectrum. A case-insensitive match for "liberal" turns up:
Mainstream political parties are little represented, though again, the balance seems skewed searching on "(democrat|republic|gop)":
The terms "left" and "right" provide a few matches, not all strictly political-axis aligned:
Socialism and Communism also warrant a few mentions:
And there are some references to green, laboulabor parties:


Whilst there may not be a political agenda, there does appear to be at least a slight political bias to the site. And a distinctive skew on many other topical subjects.
Those seeking new homes online may wish to take this into account.


submitted by dredmorbius to plexodus [link] [comments]


Doing some digging on discord for the parsnip... I've ruled out PayPal, and Pornhub, Google, eBay, Facebook. I know I'm reaching on some of these, but I would try and think of it on a psychology level: NDA means he can't say who the partner is? Along with that, I would assume he wouldn't speak bad on the partner as well...
Things I think it could be that are household names already since sunerok kinda mentions that in his video:
Companies it definitely isn't: PayPal eBay Google Overstock Walmart. Facebook (Some Fiat) Not a Bank From the way its described , I doubt its pornhub or porn related. Why would porn be brought up in all main stream news that they are accepting a crypto currency.
Possible Companies: Jet.com
MasterCard Visa Sony Amazon Target? Not sure if this is a global company... Has any of these been verified that couldn't be them? Im sure there are many other options, but these were my main guesses...
some screenshots
Random Notes: Reaches people that aren't even in crypto, which will cause a big influx of people coming in. This will put is at the top. This is probably the largest adoption of a non-top 3 coin to ever happen it could be the single largest adoption of a currency or virtual currency to happen ever. "Do we want verge to sit on an exchange and be traded back and forth for bitcoin[or be something else]. The company will use verge as a currency (it doesn't use any crypto currently. The company shut down at 5:00 pm(duh), Major Corporation. Global Company(and will reach news around the world). High Traffic Website. Will be exclusive to verge for a long time. Not a Government. Their HQ is not in Florida. Binance helped them get the partnership. This partnership will keep us in the top 5. Deals with commerce.
and the one that gets me excited, "a lot of the guesses aren't anywhere near as big as the partner".
Edit2 Another thought I had was Western Union or MoneyGram
submitted by Pielo to vergecurrency [link] [comments]

Bitcoin will go to Zero! It will if we don’t fight the Bitlicense together!

Bitcoin will go to zero if we don’t liberate companies from the monopolies created by people like the Winklevoss - https://www.nypost.com/2018/07/17/winklevoss-twins-donate-130k-to-cuomo-after-getting-state-approval
But I can’t do it alone!
I need your help!
It is very slow because everyone need to learn about Bitcoin and each time a document is filed.
The next hearing is between February and March in New York Appeal Court. We are ready to go all the way to the Supreme Court but we need to do it together, the whole world against New York State.
What what one of the most powerful woman in Congress is saying: https://youtu.be/JMnhsA2Z_uo
So we can do it like in Florida: https://youtu.be/TbE1IGW_yd4 (let me know if you see it happen in this video: https://www.ccn.com/florida-bill-seeks-to-define-virtual-currency-as-monetary-instrument/)
Or we can do it like in Nebraska: https://youtu.be/FGMLPCrM5XQ (because all the bitcoiners showed up! https://youtu.be/wifkSabPEjQ)
So what is going to be! Bitcoin at zero because greedy Bitcoiners let it die or because we got together and made a stand for it?
My name is Theo Chino and I am suing New York State but I need your help.
It’s time to roar !!!!!! Please donate via the Bitcoin Foundation link.
Théo Chino. https://AbolishTheBitlicense.org https://article78agajnstNYDFs.com https://pubadvocate.nyc
submitted by theochino to Bitcoin [link] [comments]

Bank of China publishes infographic explaining why Bitcoin is valuable and how its value keeps increasing

Samson Mow, the chief strategy officer at Blockstream, revealed on July 27, 2019 that the Bank of China has published an article that explains how Bitcoin works, and why its price keeps increasing.
An infographic on the bank’s website illustrates how Bitcoin came into existence, beginning with the release of its whitepaper in November 2008. The Bank of China’s website also notes that the first 50 Bitcoins were mined in early 2009 when the genesis block was produced.

Bank of China explains why Bitcoin’s value continues to rise

The bank’s infographic also points out that Florida resident Laszlo Hanyecz paid 10,000 BTC in 2010 for two pizzas. After covering basic information about Bitcoin, the Bank of China noted that Facebook is developing its own cryptocurrency, Libra.
According to the bank, Bitcoin’s value continues to appreciate due to its limited supply of 21 million, and it may serve as a store of value, especially for citizens of countries suffering from high levels of inflation.

Bitcoin is “virtual property”

On July 18, a court in Hangzhou, China clarified that Bitcoin qualifies as “virtual property”, which reaffirmed the nation’s stance that it’s legal to own the pseudonymous cryptocurrency. The court also said that bitcoin holders are entitled to legal protection in disputes.
A study published by CoinShares in late 2018 revealed that approximately 60 percent of Bitcoin’s hashpower is generated in China. Meanwhile, researchers at Diar found that unregulated local crypto exchanges handled 60 percent of the world’s USDT trading volume.

While Chinese citizens may continue to find alternative ways to engage in crypto trading, the digital assets industry has been severely restricted by the nation’s authorities. In September 2017, China’s government placed a ban on local cryptocurrency exchanges and initial coin offerings (ICOs).

Due to these restrictions, Chinese residents may hold digital assets but might not have a convenient way to exchange their holdings for fiat currencies.

Chinese Bitcoin miners steal $3 million worth of electricity

China’s reserved stance toward cryptocurrencies may partially be attributed to a large number of scams and other illegal activities associated with them. On July 12, the Guardian reported that Chinese police officials had uncovered an illicit mining operation that was running on stolen electricity.
As detailed in the incident report, the miners had stolen $3 million worth of electricity to illegally mine Bitcoin. Authorities in Zhenjiang, a city located in eastern Jiangsu province, confiscated nearly 4,000 units of mining hardware from the illegal operation.
submitted by TrueCastleX to u/TrueCastleX [link] [comments]

10 Car Companies That Accept Bitcoin

Over the last decades, technology has evolved in a fast way, that many of our habits have dramatically changed. Or, if some of those habits haven’t changed yet, they certainly will in the near future. One of these habits is the way we pay for things, thanks to one key new component: cryptocurrencies. Those virtual, decentralized currencies come in different names and value, but the most accepted as of now is the Bitcoin. Knowing that this currency is gaining more and more popularity, many car companies are starting to realize how powerful and lucrative this cryptocurrency can be, and they decided to accept Bitcoin as a method of payment for their products and services.


Since Sept. 2017, when a Lamborghini dealer in Costa Mesa, Calif. started taking Bitcoin as a method of payment, other dealers of luxury sports car brands followed suit and now allow you to buy your car with the cryptocurrency. Examples of those are seen in Atlanta and Albany, N.Y., where dealers are now accepting Bitcoin.
“Michael’s Auto Plaza in Albany, New York, also began accepting bitcoin payments through BitPay in December. Eugene Rubinchuk, a vice president and part owner at the dealership, which sells used cars with prices ranging from under $15,000 to an $89,000 Bentley, says he saw posts about extravagant cars like Lamborghinis bought with bitcoin on Facebook,” a CNBC article stated.


This Oklahoma-based automotive group has started taking Bitcoin and other cryptocurrencies in all of its 18 dealerships in that state. After starting offering the payment option initially at its Subaru dealership in Oklahoma City, the group is expanding the service into its other locations, which sell Audi, Buick, Cadillac, Chrysler, Dodge, Ford, GMC, Infiniti, Jaguar, Jeep, KIA, Land Rover, Maserati, Mazda, Nissan, Porsche, and Ram.
To make this possible, Bob Moore partnered with Aliant Payments, which will enable the payments with Bitcoin, as well as with Ethereum and Litecoin.


The electric car company started accepting Bitcoin payments recently, but a noticeable case came in 2013, when a Florida man purchased a Tesla S at a California dealership for 91.4 Bitcoins, equivalent at the time to $103,000.
This became a rare case for the Elon Musk company, which doesn’t usually sell its vehicles at traditional dealerships and prefers online sales that involve direct transactions between the manufacturer and its customers.


If you are planning to get a brand new BMW car, you can now use Bitcoin to buy it, as many of the brand’s dealerships are now accepting the cryptocurrency.
Many dealers in the U.S. and in the UK are taking that method of payment, and the move seems to be lucrative, as most Bitcoin users tend to buy luxury goods and services with virtual currencies, paving the way for more and more customers in the future purchasing their cars using Bitcoins. BMW seems to be in the right way by allowing its dealers to accept the currency of the future in its customers’ transactions.


This company based out of Yukon, Okla. specializes in building restorations and continuation cars of Ford Mustangs, with authorization of the Ford Motor Company and Shelby American. In an effort to expand its client base globally, Classic Recreations is accepting payments in many cryptocurrencies, including Bitcoin.
re life I have had a strong fascination for technology and its evolution. Cryptocurrencies have come a long way and continue to solidify themselves as a legitimate currency on the global market. The true beauty of accepting cryptocurrency is the universal aspect of it which allows Classic Recreations to connect with consumers from anywhere in the world,” company owner Jason Engel told Bitcoin.com.


Luxury car shoppers in the Cleveland, Ohio area now have one more option to pay for their dream machines.
Bernie Moreno, a Mercedes-Benz and Porsche dealer, offers since 2018 the option of payment with Bitcoin and other cryptocurrencies for both cars and services. The dealership patrons are able to purchase their cars via a simple tap on a smartphone, transferring Bitcoin from a virtual wallet to the dealership at no extra fees.


This Texas-based dealer is the first Rolls Royce, Bentley, and Bugatti dealership to accept Bitcoin and other cryptocurrencies in its luxury car sales, starting the practice in Sept. 2018.
The retailer has partnered with payment service BitPay to allow its customers to buy their vehicles using cryptocurrencies, and this move will expand its reach of customers to far beyond Texas, as the Bitcoin option will allow the dealership to accept purchase orders from customers worldwide. This will allow more convenience and customers to buy their cars a lot faster than most dealers.


This car rental company is aiming at making rentals much easier and faster by accepting Bitcoins as a method of payment for its customers. The company website praises the speed of crypto transactions.
“When you’re far away from home, stepping off a flight in a new city and ready to pick up your rental car, a bank may detect a credit transaction in a new location and freeze your account. A quick, peer-to-peer bitcoin transfer just goes through instantly. The payment is made and you’re ready to drive,” E-Z website stated.


This Atlanta Nissan dealer is now accepting Bitcoin as a method of payment for those looking to buy their new Nissan.

Carriage also partnered with BitPay to enable its patrons to buy their vehicles at the retailer using cryptocurrencies, but before getting excited to get your new ride with Bitcoins, there is a catch: the dealer’s website states that “only Bitcoin payments that can cover the full price of the vehicle including tax, tag and title can be accepted at this time,” and that “finance and lease options are currently unavailable.”


BitCar is a website that specializes in fractional ownership of exotic cars, mostly from luxury brands. Using a blockchain-based platform, the site allows you to purchase a car through something called “utility token,” which consists of an asset that is tradable on BitCar’s live peer-to-peer auction platform.
submitted by VoltzUK to u/VoltzUK [link] [comments]

𝐆𝐫𝐞𝐚𝐭 𝐍𝐞𝐰𝐬! Host a Pay Depot BTM and Earn Extra income!

𝐆𝐫𝐞𝐚𝐭 𝐍𝐞𝐰𝐬! Host a Pay Depot BTM and Earn Extra income!
Pay Depot is one of the fastest growing Bitcoin Operators in US. We are fully licensed and federally registered Bitcoin Operator selling virtual currency Bitcoin, along with other top 5 Currencies. We serve customers via our 160+ self-serve kiosk locations (also known as “Bitcoin ATMs”) located in New Jersey, PA, Delaware, Maryland and Florida and we are rapidly growing into new markets.
Pay Depot offers placement of Bitcoin ATMs, which allow users to buy and sell Bitcoins, along with other cryptocurrencies, with our user-friendly Interface.
We use the latest innovations in BTM Kiosk Industry in cryptocurrency landscape encompassing all AML and KYC Regulations allowing virtually all components covered. We offer 24/7 Customer support and have innovative means to drive potential customers to your retail location through all fronts.
The 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 of Installing a PAY DEPOT BTM 𝟏. 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐟𝐨𝐨𝐭 𝐭𝐫𝐚𝐟𝐟𝐢𝐜 𝐰𝐢𝐭𝐡 𝐦𝐨𝐫𝐞 𝐃𝐨𝐨𝐫 𝐒𝐰𝐢𝐧𝐠𝐬 𝐓𝐎 𝐑𝐄𝐓𝐀𝐈𝐋𝐄𝐑. 𝟐. 𝐆𝐞𝐧𝐞𝐫𝐚𝐭𝐞 𝐞𝐱𝐭𝐫𝐚 𝐫𝐞𝐯𝐞𝐧𝐮𝐞 𝐟𝐨𝐫 𝐲𝐨𝐮𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬. 𝟑. 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞𝐬 𝐲𝐨𝐮𝐫 𝐁𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐯𝐢𝐬𝐢𝐛𝐢𝐥𝐢𝐭𝐲 𝐚𝐬 𝐚𝐧 𝐀𝐧𝐜𝐡𝐨𝐫 𝐬𝐭𝐨𝐫𝐞 𝐨𝐧 𝐁𝐥𝐨𝐜𝐤/𝐒𝐡𝐨𝐩𝐩𝐢𝐧𝐠 𝐂𝐞𝐧𝐭𝐞𝐫.
All we require in return is a 2ft x 2ft space with power and internet connection and we do the rest. We would install, train, educate and service our BTM. If you are interested in installing PAY DEPOT BTM in your place of business, email us at [[email protected]](mailto:[email protected]).
submitted by PayDepot to u/PayDepot [link] [comments]

The reason Dogecoin's price is down is the same reason every other coin is down. $5 Billion (yes Billion) dollars has left the crypto-currency market.

These are just ballpark figures but since the beginning of February, roughly $5 Billion has left the crypto-currency market.
Bitcoin has lost about $3 Billion in market cap.
Litecoin has lost about $160 Million in market cap.
Peercoin is down about $40 Million.
Dogecoin is down about $30 Million.
And so on, and so on down the list through every coin...
So what the heck happened? Well, first off, we had Charlie Shrem get arrested: http://money.cnn.com/2014/01/27/technology/security/bitcoin-arrest/
Then you have the whole Mt. Gox debacle: http://siliconangle.com/blog/2014/02/21/mt-gox-at-deaths-door-bitcoin-price-slips-below-100-before-rebounding-slightly/
Sprinkle in a tad of this: http://rt.com/usa/bitcoin-florida-laundering-arrest-431/
And a dash of this: http://www.dnaindia.com/money/report-bitcoin-price-crashes-amid-regulatory-glare-121-virtual-currencies-join-forces-1964477
...and it's no wonder why crypto as a whole as taken a huge beating lately.
I guess the point is, it's not just Dogecoin that's been down. And I don't think this downtrend over the last few weeks has anything to do with the coin or it's potential. Once the Mt. Gox situation is over, that will bring a lot of stability back to the market. A little bit of good news (or at least a period of not so bad news) for a change will help to start bringing some money back into the market.
It's a cycle that happens over and over again in equity markets. So don't fret, fellow shibes, we will head back up eventually. My guess is sooner rather than later.
submitted by MoobyTheGoldenCalf to dogecoin [link] [comments]

The Engineers (The Dream Team #2)

Following up on The Dream Team post which introduced Walton's Founders and Senior Advisors I thought I'd follow up by looking at the people who will bring into life these creations, the Engineers.
Chinese Members
Lin Herui
Chinese, MBA from XMU. More than 10 years of experience in the development of electronic products and systems. Successively served as Nokia R & D Manager and Product Manager, Microsoft Hardware Department Supply Chain Director. Established Xiamen Z-Link Co., Ltd in 2015; the intelligent systems and solutions developed by the company have been promoted and used in various industrial brand enterprises and brand clothing enterprises.
Li Shuai
Chinese, Master of Engineering, with a research focus on network security and block link authentication technology. The block chain distributed certified work directed and completed by him has won the first prize of the final “2016 National Cryptology Technology Competition”.
Wang Liyan
Chinese, Master of Information System & Operations Management, University of Florida, received bachelor degree of communication engineering from Beijing University of Posts and Telecommunications, worked at ChinaNetCenter, has rich experience in product operation.
Liu Cai
Chinese, Master of Engineering, 12 years of experience in Design and Verification of VLSI, and a wealth of practical project experience in RFID chip design process, SOC chip architecture, digital-analog hybrid circuit design, including algorithm design, RTL design, simulation verification, DC synthesis, back-end PR, package testing, etc. A master in consensus mechanism principle of block chain and related asymmetric encryption algorithm.
Chen Zhangrong
Chinese, graduated in Business Management, received a BBA degree from Armstrong University in the United States, President of Tianyu International Group Co., Ltd., leader of China clothing & accessories industry , China’s well – known business mentor, guest of the CCTV2 show named “Win in China” in 2008. Began his exposure to Bitcoin in 2013 with a strong interest and in-depth study of digital money and decentralized management thinkin
Yang Feng
Chinese, Master of Engineering, worked at ZTE, artificial intelligence expert, integrated circuit expert. Has 12 years of experience in VLSI R&D, architecture design and verification, and 5 years of research experience in artificial intelligence and genetic algorithm. Has an in-depth research on the principle and realization of RFID technology, the underlying infrastructure of blockchain, intelligent contract and consensus mechanism algorithm.
Guo Jianping
Chinese, Doctor of AEngineering (graduated from the Chinese University of Hong Kong), Associate Professor of the Hundred Talents Program of Sun Yat - sen University, Master Instructor, IEEE Senior Member, integrated circuit expert. Has published more than 40 international journals / conference papers in the field of IC design and applied for 16 patents in China.
Huang Minrui
Chinese, Doctor of Engineering (graduated from the University of Freiburg in Germany), Master Instructor, Lecturer of Department of Electronics of Huaqiao University, integrated circuit expert. Mainly explores digital signal processing circuit and system implementation and works on digital signal processing technology research and development for the long term.
Guo Rongxin
Chinese, Master of Engineering, Deputy Director of Communication Technology Research Center of Huaqiao University. Has more than 10 years of experience in design and development of hardware and software for embedded system, works on the research and development of RFID and block chain technology in the field of Internet of Things for the long term.
Huang Hongtai
Chinese, Bachelor of Engineering, has five years of experience in WEB front and back end development, works on the Development of Internet of Things platforms and educational information platforms for the long term. Began his exposure to Bitcoin in 2011 and become an early graphics card mining participant. Has a strong interest in virtual currency and block chain technology.
Dai Minhua
Chinese, graduated in Business Management, received a BBA from Armstrong University, senior financial expert, served as vice president and chief financial officer of Tianyu International Group Co., Ltd.; has 13 years of financial work experience, has a wealth of experience in developing and implementing enterprise strategy and business plan, as well as achieving business management objectives and development goals.
Liu Dongxin
Chinese, received an MBA from China Europe International Business School, Visiting Scholar of Kellogg School of Management at Northwestern University, strategic management consulting expert, investment and financing expert, with a current research interest in the impact of Block Chain Technology on financial sector.
Korean Members
Shan Liang
Chinese, Graduated from KOREATECH Mechanical Engineering Department, Venture Capital PhD, Director of Korea Sungkyun Technology Co., Ltd., Chinese Market Manager of the heating component manufacturer NHTECH, a subsidiary of Samsung SDI, economic group leader of the Friendship Association of Chinese Doctoral Students in Korea, one of the earliest users of Korea korbit, senior digital money player.
Ma Xingyi
Chinese, Chinese National CSC special students, Doctor of Engineering of Korea University, Research Professor of Fusion Chemical Systems Institute of Korea University, Korea Sungkyun Technology Co., Ltd. CEO, Associate Member of the Royal Society of Chemistry, has published his research results in the world's top journal, Nature – Communication. Current research direction covers cross-disciplines that combine blockchain technology with intelligent medical technology.
Zhao Haiming
Chinese, Doctor of Chemical Conductive Polymer of Sungkyunkwan University, core member of Korea BK21th conductive polymer project, researcher of Korea Gyeonggi Institute of Sensor, researcher of Korea NCTECH environmental technology company, Vice president of the Chinese Chamber of Commerce, Director of Korea Sungkyun Technology Co., Ltd., early player of digital currency.
submitted by finish-the-thought to waltonchain [link] [comments]

Satellite Locations and Hosted PBX Voice System

I recently had the chance to speak with Modesto Ochoa head of operations for DrPhoneFix Inc. DrPhoneFix has over 40+ locations and growing rapidly covering coast to coast and growing, new DrPhoneFix stores opening up more and more and the demand of network growth without the downtime is a must, the ability to add unlimited amount of extensions, ring groups and find and follow me full featured PBX plus when adding new employees email addresses without the additional cost hiring a full time administrator to keep business overhead low was a must.
All 40+ DrPhoneFix locations are married into one single system all location acting as one, allowing all employees to call each other with quick 3 or 4 digit dial to employees or group ring to the any of DrPhoneFix store locations, all this crucial data is designed, managed and hosted by NocRoom LLC.
Technology used ?
DrPhoneFix uses the latest technology for hosted PBX phone System and Cloud email from NocRoom LLC, with over 200+ extensions they needed a rock solid network, software and servers. NocRoom LLC designed from the ground up and full multi server setup with each server using the latest virtualization technology.
Each task is handled per virtual machine (VM) Hosted PBX, Web and Cloud Emails. Servers can be remotely managed from any location and with room for growth, each server are clustered together with each virtual machine configured HA (High Availability) cluster.
What is HA ?
High Availability Cluster (HA Cluster) enables the definition of high available virtual machines. In simple words, if a virtual machine (VM) is configured as HA and the physical host fails, the VM is automatically restarted on one of the remaining cluster nodes also alerting NocRoom staff members.
Who is NocRoom ?
NocRoom, LLC is a provider of Hosted PBX, VoIP, Dedicated servers, Colocation, and IP transit. NocRoom offer premium, high speed, all fiber network to our clients in 4 different locations across the country. NocRoom consider themselves a pioneer in the this industry because they are utilizing the newest technology available to them to manage your network.
NocRoom, LLC offers services in the following cities
California: Fremont, Los Angeles / Texas: Dallas / Nevada: Las Vegas / Florida: Miami
Currently, NocRoom manages over 1000+ dedicated and cloud servers in 4 different locations.
NocRoom main headquarters is located in Las Vegas, Nevada.
NocRoom also accepts digital currency bitcoin for payment options, also providing Las Vegas convention centers booth events digital services.
NocRoom Hosted PBX Business Voice 702.789.0409
LinkedIn: https://www.linkedin.com/company/nocroom
Web: NocRoom.com

Source: https://nocroom.com/satellite-locations-hosted-pbx-voice-system/

submitted by nrvegas to lvphoneservices [link] [comments]

Turning Taiwan's largest electronic sound festival into a virtual currency application lab...

Turning Taiwan's largest electronic sound festival into a virtual currency application lab...
Quick and dirty translation of the recent ULTRA Festival article on Yahoo Mobile (China) - linked below...
Fireworks, dry ice, screams, the second weekend of September, Taipei Dajia Riverside Park gathered tens of thousands of people, they are the fans of the world's largest electronic music party Ultra Music Festival (hereinafter referred to as Ultra). After many years of hard work, this grand event originated from Miami, Florida, was officially held in Taiwan for the first time. It not only brought the world's top 100 DJ lineups, the US officially designed luxury stage, but also a large number of overseas fans.
The rock and roll men and women in the party held a color card in their hands, and the transactions of the 39 stall vendors on the spot were completed by it. Surprisingly, this card called X Pass is not the new Taiwanese currency, but the virtual currency U coin developed for the event with the blockchain concept. Let the original focus on the ultrasound. Suddenly added one more identity - the world's largest blockchain application laboratory.
The protagonist of this experiment is the founder of the Southeast Asian blockchain company Pundi X, a 35-year-old Malaysian Chinese, Zac Cheah.
In the popular blockchain industry, most people want to profit from the issuance and trading of virtual currency. However, he rarely invests in the application and puts the funds raised into hardware. "What I hope to solve is the real trading of virtual currency. The question." Xie Zibin further explained, "I want to be a blockchain version of Visa, so that people can easily buy things in virtual currency in their daily lives."
He raised 1.1 billion yuan for machine-built money , and nearly four times the market value of his own virtual currency.
Xie Zibin's Pundi X launched ICO (Initial Coin Offering) at the beginning of this year, and launched a virtual currency code-named NPXS. The funds raised will be 100,000 XPOS, just like Visa's credit card machine, which is made around the world. Virtual currency can be consumed and applied in real life, and it is no longer just a "currency" that is invisible in the cloud.
Investors who participate in the Fundi X fundraising can get the virtual currency NPXS, which is also the conversion currency used to operate all virtual currency transactions on XPOS, which is the medium of trading.
Unexpectedly, this concept raised $35 million (about NT$1.1 billion) in 90 minutes, and rushed into the top 10 ICOs in the world.
Long-term focus on the blockchain industry source Platinum Capital Executive Changhu said that although the ICO frenzy has raised more than a billion dollars in the world since the ICO frenzy, "but from the perspective of a single startup, ICO can get it. $35 million, this is definitely a lot of money."
According to the virtual currency quote website CoinMarketCap, the market value of Bitcoin has shrunk by more than 60% since the beginning of this year, but the market value of NPXS has grown nearly four times against the trend, reaching US$170 million (about NT$5.3 billion) and entering the world. The top 50 list of virtual currency market capitalization.
Why is the price of NPXS continuing to rise? Xie Zibin said that because it is a virtual currency with real use scenarios, it can continue to create so much demand and value. In this regard, Hu Day agreed, "In the big bear market where the virtual currency is turbulent, it can still maintain the rise, I believe the market has given the answer."
Born in Malaysia, from the Xiao Nian Chinese Language School, Xie Zibin from the Institute of Studies in Sweden and Norway, joined the World Wide Web inventor Bernard. Lee's W3C (World Wide Web Consortium) promotes the new web page specification HTML5.
Fighting for Differentiation" won the hardware of the top 100 Microsoft high-level cooperation coin circle, no one is playing, he is alone
He recalled that in 2010, the specifications of the web pages used by people were the hegemony of the overlord. The two strong ones were: Flash controlled by a Adobe company, and HTML thought by a number of companies. In the same year, Xie Zibin served as the promotion chairman of the latter in China. "That experience has influenced me a lot. The design of HTML follows the "consensus decision". Everyone has to vote for a thing to develop."
As it became the global mainstream step by step, Xie Zibin deeply realized that the open source is greater than the monopoly spirit, and the blockchain technology with "decentralization" as the core value became his first choice when starting a business.
David Ben Kay, former China's former legal chief, has run a new incubator in Beijing. "I have met many entrepreneurs. Those geniuses have a vision, but there are not many people who can listen to others. Zac There are a few who have ideals and abilities, but they remain open." He also mentioned that Xie Zibin insisted on being a blockchain product that everyone can use in his life. He is from the director of Ethereum, Microsoft China Law Chief, etc. At the time of his retirement, he nodded as an important reason for the Pundi X legal chief.
However, even if it is put into the blockchain application, there are still many options, most of which can be solved by writing code. Why does Xie Zibin have to go to Shenzhen, China to find a factory to do hardware? "The first wave of people coming in is a soft body, and the homogenization is very serious. You see no one in the top 100." Xie Zibin said, "But I think the blockchain is definitely not the only way!" Give the industry a different spark, let Xie Zibin embark on a more twisted but wonderful road than others.
Benefit sharing, tandem three-party people provide low-cost machines to attract merchants to join
What is special about this XPOS?
At first glance, it is no different from the POS (point-of-sales intelligence system) machine in the general store, but it is a clever way to benefit three-party users: consumers, businesses, and blockchain developers. Wen Ruo-ting, vice president of Pundi X, stated, “Consumers who use XPOS to pay or purchase virtual currency only need to pay 1% more fees, which is more cost-effective than traditional 5% (virtual currency) exchanges. At the same time, merchants earn more than this. The handling fee will increase the profit."
In addition to guests and stores, XPOS also hopes to be the underlying platform for blockchain developers, allowing different developers to develop their own applications on this machine. Huang Pu, the technology chief of Pundi X, said that its technology can help other blockchain applications reduce development costs. For example, BusinessWeek can issue "Business Week" in XPOS, and can also develop applications such as smart contracts subscribed to by magazines. It is a revolution in the blockchain world."
As for the business model, Pundi X does not rely on this machine to make money, but provides merchants at a very low price, so that it can quickly expand globally, and the main income comes from the distribution.
Qiu Yujia, CEO of the EMBA of the University of Political Science and Technology, said that the Pundi X is in line with the three elements of the new economy towards the user era: the use of technology, the experience of being king, and multiple roles. "Especially the third point of "multiple roles", this POS becomes a platform for customers, businesses, and companies interested in developing applications to serve each other. Compared with traditional POS, it has more roles as a splicer and aggregator. I think There is potential." There are not enough users of the Challenge to educate the market and seize the market. However, after all, the top 100 people in the currency circle are nowhere to go, and the difficulties faced by Pundi X are more challenging.
Wang Mengdie, founder of China's blockchain media "Star Daily", said at a summit that the biggest problem in the blockchain industry is that there are no users, only investors and speculators. Therefore, just as if no one used a credit card, Visa's machines were designed to be better, faster, and useless. How much demand for virtual currency transactions will grow in the next few years is a test that Pundi X can't avoid.
Even if the market for virtual currency real transactions can really expand, Hu Day pointed out that, like the large exchange ICE recently to cooperate with Starbucks to pay for virtual currency, XPOS coverage is fast enough to compete with these giants.
In addition, virtual currency has the unpredictable nature of the ups and downs. Wang Zhide, founder of Bitu, a virtual currency exchange, evaluated the experience of establishing a blockchain incubator in Shibuya. "The currency price fluctuation is too large. "Not strong," he said. "In the long run, he thinks, "When the blockchain industry develops, it will definitely be necessary for the market to solve the pain of real payment."
Xie Zibin also understands that the success or failure of Pundi X depends on the needs of real trading, and the education market and market share are the top priorities. At present, XPOS has received 25,000 orders, and he hopes to reach the target of 100,000 units in three years. In addition, in order to expand the use of ethnic groups, it is expected that another hardware product will be launched by the end of this year, extending the same concept from the merchant to the consumer.
Although the road ahead is not clear, Xie Zibin, who has decided to use the consensus and applied, has already verified his charm by the virtual currency market. The number of the Pundi X team has grown by more than 100 people in just two years. "I don't want to play speculative games. Blockchain has more possibilities than speculative coins." The blockchain enters human life and realizes that it no longer relies on the financial transactions of financial institutions. It is the moment to truly develop and take off. This road When will it be achieved? Xie Zibin’s entrepreneurial direction is the beginning.
Born: 1982
Education: Master of Information Security, Norwegian University of Science and Technology, Master of Computer Computing, Royal Institute of Technology, Sweden
: W3C China HTML5 Group Founder, Opera Software China Network Technology Standards Director
: Pundi X Founder and CEO

submitted by crypt0hodl1 to PundiX [link] [comments]

Dearest /r/bitcoin: YOU'RE BUMMING ME OUT

This subject has been weighing heavily on me lately, and I felt it just needs to be said:
It is time to SHIFT and SPREAD the wealth.
One of the more beautiful attributes about Bitcoin is the charitable nature of our community along with the speed and fluidity at which we are able to give on a global scale. And the past month’s rise in value has given all of us a greater ability to do good with what we have.
With this in mind, I would ask everyone here in /bitcoin to please consider spreading the wealth, much farther than to a group of homeless in Florida. This is by no means at all any disrespect towards Jason, as SeansOutpost has been the beacon of light for charitable efforts in the Bitcoin world. He has single-handedly proven to us all what an impact Bitcoin can make on people’s lives. Phraust and I were one of the very first to donate to his cause back in April and our 1 BTC provided 40 meals. We are very supportive of his efforts and it’s amazing how far we have all come since then.
However, there are so many more people in many parts of the world that desperately need our help and I would ask that you start exploring other charities and efforts that accept Bitcoin. I can’t help but be somewhat disappointed in the Bitcoin Black Friday Charity Drive to learn that the BitGive Foundation only received 3 BTC for their campaign to donate to Save the Children’s Typhoon Haiyan Relief Effort whereas Sean’s Outpost received more than 5x as much!
Come on people, let’s show the world how far our community’s heart and help can reach.
~I respectfully ask that the gentleman on ESPN, who received $26k in donations that has pledged to donate to Sean’s Outpost, to please spread the wealth.
~I also respectfully ask Theymos, who has pledged to donate 1000 BTC to Sean’s Outpost from the forum donations, to please spread the wealth.
~And I respectfully ask /bitcoin to please start spreading the wealth. Start reaching out to the organizations that already accept Bitcoin. And if there is a charity that you support that doesn’t currently accept BTC, start the campaign and let us follow your lead!
--Just a few Bitcoin accepting charities and organizations--
BitGive Foundation http://bitgivefoundation.org/donate.html
Bitcoin100 http://bitcoin100.org/about/donation-address/
Bitcoin Not Bombs http://www.bitcoinnotbombs.com/hoodie-the-homeless/
Electronic Frontier Foundation https://supporters.eff.org/donate
Foundation for Economic Education http://www.fee.org/donate/page/donate-bitcoins#axzz2mCVI7JpW
Khan Academy https://www.khanacademy.org/donate
LifeBoat Foundation https://lifeboat.com/ex/donations
PeaceGeeks http://peacegeeks.org/content/donate#by-bitcoin
Sean’s Outpost http://seansoutpost.com/donate/
ShireSharing http://shiresharing.org/
Songs of Love http://www.songsoflove.org/bitcoins/
Virtual Doctors http://www.virtualdoctors.org/the-vdp-now-accepts-donations-in-internet-currency-bitcoin-2/
--Some organizations that are actively collecting for Typhoon Haiyan relief--
Fr33Aid https://en.bitcoin.it/wiki/Donation-accepting_organizations_and_projects
BitMe https://bitme.com/donate
Cause Central http://www.cause-central.com/blog/2013/11/14/typhoon-haiyan-victims-in-the-philippines-learn-how-you-can-help
Typhoon Haiyan Fund (from BitcoinTalk thread) http://typhoonhaiyanrelieffund.org/
--Other Orgs that accept Bitcoin donations (from Bitcoin Wiki)--
Edit: People, I am not shaking my finger at everyone saying you SHOULD donate to a cause. I'm asking that IF you are planning on donating, please consider other worthy causes aside from the homeless in Florida. Find a cause that you really believe in and support it.
Also, a few more suggested charities to look into (thank you everyone):
Ludwig von Mises Institute https://mises.org/forms/104/Donate-Bitcoin-to-Mises-Institute
Group B Strep International http://www.groupbstrepinternational.org/you-can-help/make-a-donation/
http://coingiving.com/ and http://tip4commit.com/
submitted by TheBitcoinWife to Bitcoin [link] [comments]

Florida Appeals Court Overturns State v. Espinoza, Bitcoin May Be Money After All

In 2016, a Florida judge dismissed money laundering and illegal money transmission charges against a bitcoin trader, arguing that bitcoin wasn’t covered by state statutes. Today, an appeals court reversed that decision.
From January through February of 2014, Michell Espinoza was unknowingly selling A type of cryptocurrency in which encryption techniques are used to regulate the generation of units of currency and verify the transfer of funds, operating independently of a central bank. This term may also be used to reference either the network, protocol, or actual cryptocurrency.
“ style=”box-sizing: border-box; text-decoration: none !important; cursor: help; border-bottom: 1px dotted rgb(149, 109, 193); position: relative;”>bitcoin to undercover agents with the Miami Police Department, which was working with the US Secret Service. Though one of the undercover detectives with Miami PD had implied that the bitcoin would be used to buy stolen credit card numbers, Espinoza continued with the sales, charging A transaction is a particular action that takes place on the blockchain. In a currency, the dominant transaction type is sending currency units or tokens to someone else; in other systems actions like registering domain names, making and fulfilling trade offers and activating contracts are also valid transaction types.” style=”box-sizing: border-box; text-decoration: none !important; cursor: help; border-bottom: 1px dotted rgb(149, 109, 193); position: relative;”>transaction fees for the privilege. He was subsequently charged with money laundering and illegal money transmission.
But in July 2016, Judge Teresa Mary Pooler of the Eleventh Judicial Circuit of Florida dismissed those charges. Espinoza, she indicated in her ruling, couldn’t be punished under existing Florida statutes because bitcoin isn’t legally money:
“Bitcoin may have some attributes in common with what we commonly refer to as money, but differ in many important aspects. While Bitcoin can be exchanged for items of value, they are not a commonly used means of An online marketplace which facilitates the exchange of crypto or fiat currencies based on the market exchange rate. “ style=”box-sizing: border-box; text-decoration: none !important; cursor: auto; border: none !important; position: relative; pointer-events: none !important;”>exchange … Their high A measure of how dynamic price movements are over time, for an asset like Ether or other virtual currency.” style=”box-sizing: border-box; text-decoration: none !important; cursor: help; border-bottom: 1px dotted rgb(149, 109, 193); position: relative;”>volatility is explained by scholars as due to their insufficient liquidity, the uncertainty of future value, and the lack of a stabilization mechanism. With such volatility they have a limited ability to act as a store of value, another important attribute of money.” She continued:
“[I]t is very clear, even to someone with limited knowledge in the area, that Bitcoin has a long way to go before it is the equivalent of money.” Moreover, she put the onus on the legislature to create statues that more specifically address bitcoin and other virtual currencies:
“The Florida Legislature may choose to adopt statutes regulating virtual currency in the future. At this time, however, attempting to fit the sale of bitcoin into a statutory scheme regulating money services businesses is like fitting a square peg in a round hole.” Perhaps unsurprisingly, the Refers to a summarized snapshot of all balances and data at a particular point in time on the blockchain, normally referring to the condition arrived at by the most recent block.
“ style=”box-sizing: border-box; text-decoration: none !important; cursor: auto; border: none !important; position: relative; pointer-events: none !important;”>state appealed the decision. In an opinion filed today, January 30, Florida’s Third District Court of Appeal reversed Pooler’s ruling on Espinoza’s motion to dismiss, stating:
“The trial court erred in dismission Count 1 [illegal money transmission] because Espinoza acted as both a money transmitter and a payment instrument seller and, as such, was required to register with the State of Florida as a money services business.” Additionally, the appellate court stated that the trial court should not have thrown out two additional accounts related to money laundering because “intent, or lack thereof, is a factual issue that should not have been resolved at the pleading stage.” The state, according to the appellate court, is “only required to provide sufficient facts to demonstrate that a reasonable jury could rule in its favor.”
Regarding the first count, the appellate court took issue with Pooler’s characterization of existing statutes as vague. Pointing to chapter 560 of the Florida Statutes, it explained that the state defines “money transmitter” as “a corporation, limited liability company, limited liability partnership, or foreign entity qualified to do business in this state which receives currency, monetary value, or payment instruments for the purpose of transmitting the same by any means, including transmission by wire, facsimile, electronic transfer, courier, the Internet, or though bill payment services or other businesses that facilitate such transfer within this country, or to or from this country.”
Bitcoin, it finds, is a payment instrument:
“[B]ased on the undisputed facts, Espinoza was acting as a payment instrument seller or engaging in the business of a money transmitter, either of which require registration as a money services business under Florida law. Given the plain language of the Florida statutes governing money service businesses and the nature of Bitcoin and how it functions, Espinoza was acting as both.” Because the charges against Espinoza were dismissed before ever going to trial, the reversal means that the trial court must now hear the case.
The article is from https://www.ethnews.com/
UEX official website:https://www.uex.com/
UEX official international group: https://t.me/uex_en
Twitter: https://twitter.com/UexComOfficial
UEX customer service:https://uex.udesk.cn/im_client/?web_plugin_id=52234
submitted by uexbruce to UexOfficial [link] [comments]

(X-post from r/darknetmarkets) - story & link in comments

RE: "Oxymonster" bust
He's not Pablo Escobar, not by a long shot.
But authorities say Gal Vallerius is a modern version of a cartel kingpin, operating anonymously as a lord of the internet's “dark web” bazaar where buyers and sellers conduct cocaine, fentanyl, meth, LSD and oxycodone deals in the virtual currency bitcoin.
Vallerius, 38, recently made the mistake of traveling from his base in France to Texas to compete in a world beard-growing championship in Austin. After arriving on Aug. 31 in Atlanta, the brown-bearded Vallerius was arrested by U.S. authorities on a distribution complaint filed in Miami federal court.
“A border search of his laptop upon his arrival at Atlanta International Airport confirmed his identity as ‘OxyMonster,’ ” according to a Drug Enforcement Administration affidavit. Vallerius’ laptop also contained the Tor browser, which allows users to conceal their true internet protocol addresses on that network; his log-in credential for Dream Market, an eBay-type marketplace for illegal narcotics and drug paraphernalia; and $500,000 worth of bitcoin.
Vallerius chose not to contest his identity and detention at a court hearing in Atlanta. His defense attorney there could not be reached for comment. Vallerius is soon expected to be transferred to Miami to face a new conspiracy indictment that carries up to life in prison.
Tracking down Vallerius — the biggest of a half-dozen dark web targets charged over the past year in South Florida — was not easy. It involved the DEA, FBI, IRS, Homeland Security Investigations and the U.S. Postal Inspection Service.
Vallerius played the secret role of an “administrator” and “moderator” on Dream Market, a dark web site that allows illicit drug sellers and buyers to make deals in Europe and the United States without revealing their true identities, according to federal prosecutor Francisco Maderal. The underground web site is not only a marketplace, it provides technical assistance, resolves disputes and posts reviews of vendors. And, like eBay, Dream Market charges a commission on every transaction as a percentage of the sales price.
“The Dream Market web site is specifically designed to facilitate illegal commerce by working to ensure the anonymity of its administrators, as well as the buyers and sellers who participate in commerce on the web site,” according to the DEA affidavit. It noted that at the end of August, there were more than 94,000 listings, including drugs such as opioids, ecstasy and steroids.
In January of this year, DEA agents logged into Dream Market’s home page and clicked a link called “Forum,” which allows sellers, buyers and administrators to discuss anything for sale on the dark web, according to the affidavit. While browsing the forum, agents navigated to a topic called “Official Staff” under the “Announcements” tab. The first posting was written by “OxyMonster,” Vallerius’ alias, though agents had not made that connection yet. Agents clicked on “OxyMonster” and were taken to his profile, which said he was a senior moderator.
This summer, agents also identified “OxyMonster” as a vendor on Dream Market who shipped from France to anywhere in Europe as well as to the United States, the affidavit said. Agents analyzed his posts on the Dream Market forum, including tips on how to stay anonymous on the dark web. In August, agents learned that “OxyMonster” was using a certain bitcoin address for the sales transactions. They soon analyzed incoming and outgoing transactions from that bitcoin address and discovered that most of them went to Vallerius on Localbitcoins.com
DEA agents soon found that Vallerius has Instagram and Twitter accounts. They compared the writing style of “OxyMonster” on the Dream Market forum to the writing style of Vallerius on his social media accounts. “Agents discovered many similarities in the use of words and punctuation, including: the word “cheers,” double exclamation marks, frequent use of quotation marks, and intermittent French posts.”
Vallerius traveled for the first time to the United States on Aug. 31 to participate in the international beard competition in Austin, Texas. He was arrested in Atlanta. Authorities would soon learn that the contents of his laptop matched up with the DEA’s evidence of his Dream Market deals.
Link to OP
submitted by Lat3ris to DNMBusts [link] [comments]

The Department of Justice testimony in Congress was deceptive and misleading because Bitcoin did not exist in 2006. We need to continue to apply pressure ! Call your Senator !

See bellow the Virtual Currency written testimony of the Department of Justice. Source: https://www.judiciary.senate.gov/download/blanco-testimony (PDF)
They are using as reference the Liberty Reserve case when at the time Bitcoin did not exist. For the list of senators: http://www.abolishthebitlicense.com/advocacy.php
Virtual currencies. Virtual currencies offer yet another alternative to cash. Criminals seek to use virtual currencies to conduct illicit transactions because they offer potential anonymity, since virtual currency transactions are not necessarily tied to a real world identity and enable criminals to quickly move criminal proceeds among countries. Some of those countries, unlike the United States, do not currently regulate virtual currencies and therefore have limited oversight and few AML controls. For example, in its 2017 National Drug Threat Assessment, the Drug Enforcement Administration (DEA) concluded that China-based firms manufacturing goods used in trade-based money laundering schemes often prefer to accept payment in bitcoin, the most widely used virtual currency, because bitcoin can be used to anonymously transfer value overseas, thereby circumventing China’s capital controls. Moreover, transnational criminal organizations are able to convert cash drug proceeds to virtual currencies through both licensed and unlicensed exchangers, and then transfer the virtual currencies to China to purchase Chinese goods.
Some internet sites using virtual currencies are promoted specifically for criminal use. For example, until the government shut it down in 2013, Liberty Reserve, which billed itself as the internet’s largest payment processor and money transfer system and allowed users around the world to send and receive payments using digital currencies, was used by online criminals to launder the proceeds of Ponzi schemes, credit card trafficking, stolen identity information, and computer hacking schemes. Liberty Reserve’s founder, Arthur Budovsky, built and operated Liberty Reserve expressly to facilitate large-scale money laundering for criminals around the globe by providing them near-anonymity and untraceable financial transactions. In 2016, Budovsky pleaded guilty to money laundering charges and was sentenced to 20 years in prison.
The Departement of Homeland Security is even better because they use Irrelevant facts to scare the Judiciary committee. None of those two are using Bitcoin to launder anything. These two cases are about drugs and not money laundering. They are not using Charlie Shrem case. Source:https://www.dhs.gov/news/2017/11/28/written-testimony-ice-senate-committee-judiciary-hearing-titled-s1241-modernizing
Virtual Currency
Many of the traditional transnational crimes that HSI investigates have begun to migrate to become “cyber-enabled,” with significant parts of the crime committed over the internet, including both the “indexed” internet and the “unindexed” dark web. Transnational crimes that HSI investigates, including child exploitation, drug smuggling, intellectual property rights violations, illegal export of firearms, and money laundering now all have cyber-enabled elements to them. This transition has paralleled the growth of e-commerce, generally, and poses challenges for law enforcement, in particular HSI and CBP.
In addition to the traditional complexities posed by conducting cyber investigations, many of the illicit activities conducted in cyber-enabled crimes are paid for with virtual currency, including both centralized and decentralized convertible virtual currencies. The latter are sometimes referred to as cryptocurrencies. Virtual currencies are not issued or backed by any sovereign nation, and are distinguished from fiat currency or “real currency,” which is the coin and paper money of a country that is issued and guaranteed by the country; designated as its legal tender; and circulates and is customarily used and accepted as a medium of exchange in the issuing country. HSI agents are increasingly encountering virtual currency, including more recent, anonymity enhancing cryptocurrencies (AECs), in the course of their investigations. AECs are designed to better obfuscate transaction information and are increasingly preferred by TCOs. Some illicit virtual currency exchangers have also begun to cater to TCO actors, including through the use of “mixers” or “tumblers” that anonymize virtual currency addresses and transactions by weaving together inflows and outflows from different users, further increasing the challenge to law enforcement’s ability to tie virtual currency transactions to real world individuals.
In November 2016, HSI special agents investigated and seized $1.2 million in cash from Utah resident Aaron Shamo, who led a Xanax and fentanyl pill production organization. Shamo sold his illicit products via the dark web, and an investigation led to the identification of his virtual currency wallet address. Through the use of Blockchain analysis tools, agents were able to identify Shamo’s Bitcoin transactions and seize bitcoins valued at approximately $2.5 million in U.S. dollars. Shamo was indicted in December 2016 and the subject of a supersceding indictment in May 2017.
In another HSI opioid smuggling investigation, Pennsylvania resident Henry Koffie was arrested in July 2017 and indicted with Distribution of a Controlled Substance Resulting in Death and Importation of a Controlled Substance. Koffie, a.k.a. NARCOBOSS, was a dark web vendor of fentanyl who filled more than 7,800 orders between July 2016 to June 2017, most of it paid for with bitcoin. HSI seized $154,000 from Koffie’s accounts.
This prove that the pressure we are putting is working. If they wanted to use AML cases they would have cited Murgio, Faeilla, Coztanzo, Wagner, Shrem, Steimetz, Manzy, Petix; or either Val Galerius (today awaiting trial in Florida) or DPR.
CALL AND EMAIL YOUR SENATOR and tell them to Remove Digital Currency From Section 13 of S1241 and that DOJ and DHS testimony was deceptive, misleading and irrelevant because bitcoin did not exist when the Liberty Reserve was prosecuted and Irrelevant because none of the people charged where laundering money.
Theo Chino http://AbolishTheBitlicense.com/Advocacy.php (for the list of senators)
submitted by theochino to Bitcoin [link] [comments]

Collapse Daily Links

Julian Assange Told Young Catalans What Chat Apps To Use To Avoid Spanish Authorities (The Buzzfeed)
App Data: Water Balance Changing Over Time (livingatlas.arcgis.com) : Total geekazoid coolness.
The water under Colorado’s Eastern Plains is running dry as farmers keep irrigating “great American desert” (denverpost.com)
South Australia's criminal water theft in the Murray-Darling Basin (abc.net.au)
Pollution from ships is changing maritime weather (economist.com)
A War Plan Orange For Climate Change (US Naval Institute)
Hidden cost of feeding grain to farm animals to hit $1.32tn a year (theguardian.com)
According To Science, This Is How To Talk To Friends & Family About Climate Change(cleantechnica.com) : Hahahaha. Good luck with that.
Pollution, drought, and climate issues the world over (irishexaminer.com)
The strong global impact of ageing populations and climate change (thestar.com.my)
European countries spend billions a year on fossil fuel subsidies, survey shows (theguardian.com)
The Bad Bet That Undid Rotterdam's Fight Against Climate Change (Next City) : Forgot to reduce emissions, style over substance.
Weekly Climate Change & Global Warming Digest #40 (skepticalscience.com)
Battery technology keeping electric car adoption in the slow lane. (upi.com)
India : 700 farmers in hospital die due to pesticide poisoning, 20 Dead (indiatoday.intoday.in)
Australian cities could soon experience “unprecedented” temperatures of 50C, even if international climate targets are met. (independent.co.uk)
Tree cover loss spikes again in Queensland Australia (Mongabay)
12,000 years ago, Florida hurricanes heated up despite chilly seas (Science Daily) : Despite colder oceans, slower oceans made cat 5 storms normal.
High marine extinction risk by 2100 (Climate News)
Schäuble: Another Financial Crisis Is Coming Due To Spiraling Global Debt (ZH)
Hackers And Fraudsters Are Causing Cryptocurrency Chaos (Independent)
US Intelligence Unit Accused Of Illegally Spying On Americans’ Financial Records (Buzzfeed)
The Uber Game (FT) “Can you make it in the gig economy?”
Deep Neural Networks (Wired)
Why One Trader Thinks The Turkish Crash Will Lead To EM Contagion (ZH)
Facebook Security Chief Lashes Out: "Censorship Is Easy If You Don't Worry About Becoming The Ministry Of Truth" (ZH)


Disrupting Climate Change
"The hardware of the clean-energy revolution has more in common with mobile phones and laptops than with mines and refineries." -- Because phones and laptops are made of fairy dust.
"Today, the planet has more phones than people." -- This is held up as a good thing.
"Limiting the increase in global temperature to within 2º Celsius... is possible" -- But not practical. James Hansen calls 2º Celsius suicide. A bullshit target inconsistent with reality.
submitted by BeezelyBillyBub to collapse [link] [comments]

U.K Based Publicly Listed Companies RC Coin now Launch Cryptocurrency Exchanges in Metaco Exchange

U.K Based companies RC Coin listed on the Metaco Exchange have recently expanded their cryptocurrency operations into World Crypto Currenc Exchanges. One has partnered with a local company to launch a Rc Coin exchange with a plan to add merchant services. The other held an ICO to develop a crypto exchange after launching a mobile game which allows users to earn bitcoin and more Income.
Also read: Bitcoin-Based Ethereum and RC Coin Rival RSK Set to Launch Next Montho Bittrex h world merchant.
To launch on the exchange, the company partnered with a U.K company called AMD & Novidea Tech which develops Forex margin automated trading systems. “In this business tie-up, we supply virtual currencies and liquidity to the virtual currency trading system, while Sys & Tech will be responsible for [its] operations including marketing and customer correspondence. We will revitalize the U.K virtual currency market,” Metaco claimed.
Cryptocurrency services offered through the partnership include an exchange, spot transaction services, and money transmission services. The exchange currently supports BTC, BCH, ETH and RC Coin. For further expansion into the U.K Crypto market, the company plans to provide merchant payment solutions to retail stores in the near future.
Headquartered in Florida, WS107AQ Inc is an app monetization platform which uses artificial intelligence and big data to maximize app revenue and optimize campaign performance. Its U.K subsidiary, WS107AQ Inc, develops mobile advertisement platforms.
The subsidiary raised approximately 100 million Dollar in a Coin sale last month to develop and operate a cryptocurrency exchange called Coinroom, which it recently Metaco-launched. Coinroom currently lists BTC, BCH, ETH, RC Coin ETC and the company’s own Coin called pluscoin (PLC).
submitted by RCCoin to Crypto_Currency_News [link] [comments]

Florida Man arrested for using government computers to mine bitcoin

This is the best tl;dr I could make, original reduced by 39%. (I'm a bot)
BARTOW - An information-technology manager at the Florida Department of Citrus was arrested Tuesday on felony charges related to using department computers to create virtual currencies.
Matthew McDermott, 51, of Davenport faces grand theft and official misconduct charges after his arrest by agents with the Florida Department of Law Enforcement, which conducted the investigation, according to an FDLE statement.
The Inspector General also found the department's electric bills had increased by 41 percent between October and January, or nearly $825. FDLE investigators learned McDermott was part of a virtual-currency mining pool and had been accessing a currency exchange from multiple computers at the Citrus Department, the statement said.
McDermott's pool was creating virtual currencies including Bitcoin and Litecoin, according to FDLE. "Through the diligence of the executive management team at the Florida Department of Citrus, our agency was able to minimize losses to the state," FDLE Commissioner Rick Swearingen said in the statement.
Shannon Shepp, executive director of the Department of Citrus, complimented the FDLE and the inspector general for their swift actions in the case.
The Citrus Department is a state agency charged with promoting Florida citrus product and regulating commercial citrus operations.
Summary Source | FAQ | Feedback | Top keywords: Department#1 Citrus#2 McDermott#3 FDLE#4 Florida#5
Post found in /Bitcoin and /BitcoinAll.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

Florida citrus department's head of IT arrested for using all the govt. agency's resources to mine for bitcoin

This is the best tl;dr I could make, original reduced by 32%. (I'm a bot)
TAMPA A Department of Citrus employee was arrested after he used state computers to produce virtual currency for himself, according to the Florida Department of Law Enforcement.
Matthew McDermott, 51, of Davenport was the information technology manager for the Florida Department of Citrus, the agency that oversees the states citrus industry.
According to FDLE agents, he used several computers in the Department of Citrus to mine for virtual currency, which include bitcoin and litecoin.
"A mining pool, or team, is used to solve mathematical equations in an effort to mine the virtual currency and win a reward," the FDLE said.
Mining for cryptocurrency requires extensive computing power.
Utility bills for the department jumped by more than 40 percent between October 2017 and January 2017, at a cost of about $825, according to the inspector general for the citrus agency.
Summary Source | FAQ | Feedback | Top keywords: Department#1 Citrus#2 mine#3 FDLE#4 used#5
Post found in /technology, /Bitcoin, /FloridaMan, /BitcoinAll, /AutoNewspaper and /TBTauto.
NOTICE: This thread is for discussing the submission topic. Please do not discuss the concept of the autotldr bot here.
submitted by autotldr to autotldr [link] [comments]

The email I sent reporters in Nebraska.

Subject: Nebraska Money Laundering with Bitcoin Hearing (LB691) on February 7th, 2018 at 1:30 at the Capitol
Dear Reporters,
In an hour (02/07/2018 at 1:30 CST) a Virtual Currency hearing will take place in the Judiciary Committee in Nebraska (links at the button.)
I was reading the news over what happened in the bitcoin word yesterday and while everyone wrote about the Virtual Currency bitcoin hearing that took place in the Banking Committee in DC, no one is reported epic Banking Committee hearing in Nebraska.
A Uniform Law Commission (or ULC) bill was introduced in Hawaii and Nebraska (the same language in both states) and the only difference between the hearings in both states is that in Nebraska the regular every day folks had the opportunity testify and educate the lawmakers on the technology and all the deficiency of the ULC bill. The opponents to the bill also welcomed the opportunity to present constructive alternatives.
The Uniform Law Commission is a body that membership is only composed of members of the bar. No one but a lawyer can be a member. This body although very distinguished is very undemocratic and very risk and technology adverse.
At the Banking hearing in Nebraska, the lawmakers listened to the presentation from the Nebraskan ULC commissioners and asked a basic questions such as how many ATM, how is the technology used which none of the ULC lawyers were able to answer.
The opponents included all of the Silicon Prairie bitcoin and Blockchain innovators, technologists, lawyers, students, ATM operators, users, veterans. This hearing was recorded on video but unfortunately the Clerk doesn t make it publicly available.
This presentation in Nebraska is a sharp contrast with the one in Hawaii (scheduled with 48 hours advance so no one was present to oppose the bill publicly) and only members of the Hawaiian ULC Comission were present to testify. This is the 21 minutes video: https://youtu.be/1UUIbeWwKLE.
The bill they oppose is a bill crafted for ULC by Wall Street trough CoinCenter, the Digital Blockchain and the Electronic Frontier Foundation.
The Bitcoin Foundation has been the leading organisation fighting the Uniform Law Commission on behaft of the bitcoiners all over the world.
Local Nebraskans bitcoiners stepped up and I am surprised that no one wrote about the incredible democratic display and incredible knowledge sharing that took place in Nebraska.
Personally, the DC hearing is a déjà vu of the sham hearings that were organised by Benjamin Lawsky in 2014 at the New York Department of Finance when Ben Lawsky before he introduced the Bitlicense that created the great New York Bitcoin Exodus. ICO are not to be feared. At the time, the people who claimed they represented the industry were celebrating the superintendent. Two years later he was solelly reponsible for the industry to be decimated in the State of New York.
At 1:30 central time, another hearing will take place at the Nebraska Legislature regarding the addition of Virtual Currencies into the Money Laundering statute. This is a replay of what happened in Florida where Law Enforcement rammed a similar bill trough the legislature in 9 minutes when a judge ruled that bitcoin was not money. (Video here: https://youtu.be/TbE1IGW_yd4)
I hope you will watch the Nebraska Judiciary Committee meeting today at 1:30 Central Time (2:30 Eastern Time) and report on how Nebraska following New Hampshire on how to include the citizenry in the decision process.
Hope you watch the hearing live and report on it.
The hearing will be streamed live here: http://netnebraska.org/interactive-multimedia/government/legislative-hearing-judiciary-committee-room-1113-39
You can find more information at the website designed by Nebraskan bitcoiners: https://nebraska.bitlicense.us
Theo Chino @TheoBitcoin http://www.AbolishTheBitlicense.org
submitted by theochino to CryptoCurrency [link] [comments]

Virtual Currencies Virtual Currency Bitcoin Rises in Usage, Value - YouTube What is Bitcoin?  The Virtual Currency Explained  Part ... What is VIRTUAL CURRENCY? VIRTUAL CURRENCY meaning - VIRTUAL CURRENCY definition All About Tax Tips for Bitcoin and Virtual Currency ...

Justin Wales is senior counsel and co-chairs the Blockchain and Virtual Currency practice at Carlton Fields.. No one seems to know what to do about bitcoin. Since its genesis, regulators and ... Florida’s Third DCA: Bitcoin Qualifies as Currency. April 4, 2019 Natalia Jaramillo Leave a comment. In The State of Florida v. Michell Espinoza, Florida’s Third District Court of Appeals ruled that cryptocurrency constitutes a “payment instrument.” The Third DCA’s ruling is a shift from the 2014 IRS guidance notice 2014-21,which classified cryptocurrency as property. The Espinoza ... Bitcoin Is A Well-Known Virtual Currency. Are Electronic Transactions Possible Using Bitcoin? South Florida Reporter “china digital currency when:7d” – Google News […] The Florida Relay Service provides communications assistance to individuals with hearing, ... (also referred to as virtual currency and digital currency) - a digital representation of value that functions as a medium of exchange, a unit of account, and/or a store of value. In simple terms, cryptocurrency is electronic money that is not issued or backed by a government or central bank. Units of ... Virtual currency has faced a continued patchwork legal status across US states, with jurisdictions taking markedly different approaches to regulating it. What do you think about Florida’s latest bill and Bitcoin’s status in the state? Let us know in the comments below! Images courtesy of Shutterstock, Barry University. BitStarz Player Lands $2,459,124 Record Win! Could you be next big ...

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Virtual Currencies

BITCOIN में INVESTMENT करें या नहीं I Complete Analysis I Dr Vivek Bindra - Duration: 13:38. Dr. Vivek Bindra: Motivational Speaker 3,187,756 views Bitcoin is a virtual currency gaining popularity across the web for its ease and speed of use, as well as its anonymity. Annie takes a look at the many uses for Bitcoins, and talks to Fred Ehrsam ... There are a variety of relatively new currencies that are being adopted by consumers around the world, from the virtual currencies such as Amazon coins and Facebook credits, through to the crypto ... Hey viewers, in today's video let's discuss something about : #What is #Bitcoin & The #Virtual #Currency #Explained -----... 비트코인 '급락'•비트코인캐시 '급등' 네티즌 “도박판 수준, 서버다운까지” The world's most popular cryptocurrencies, Bitcoin and Bitcoin Cash saw wild price ...