Cryptocurrency

[ronkeen]

Any sign of any UK based/regulated exchanges?

Only seen the news about the Gibraltar Stock Exchange doing one (https://gbx.gi/) with an ICO for their 'rock token (RKT)' open to public on 7th Feb.

Should make it easier to get money in/out if UK banks are in the same regulatory zone (hopefully meaning they won't be so quick to freeze accounts if dealing with a trusted source), and cheaper in fees if can use GBP instead of SEPA/Euro etc.

Bound to be more and more such services coming along, eventually.

https://www.bloomberg.com/news/artic...ion-on-bitcoin

No because 1 percenters do not want you to have nice things.

[SunnyInHades]

Could be some interesting shenanigans soon down Euston way. This will be an interesting multi-national test case, is it winnable ? lose-able ? worthless because there's no regulation in crypto ? Time will tell.

"The Southern District of Florida handed the shifty Bitcoin investment lending platform its first class action lawsuit yesterday, alleging the company swindled the plaintiffs for a sum exceeding $770,000. The case, brought by six former investors, names several BitConnect branches registered in the UK."

BITCONNECT INTERNATIONAL PLC - Grant Thornton House, 22 Melton Street, London, NW1 2EP

[Hobosapien]

https://www.bloomberg.com/news/artic...ion-on-bitcoin

No because 1 percenters do not want you to have nice things.

Death of FIAT by Bitcoin using the boiled frog method will mean the long term hodlers become the 1%.

FIAT is already in a death spiral due to the massive national debts meaning it's a race to the bottom through devaluation of their national currencies to avoid their house of cards collapsing. Bitcoin and other sound cryptos will be what they turn to when they realise they need a reset.

It's an opportunity for the younger generations that are tech savvy to wrestle control from the old farts that think we're still playing by their rules.

Just got to resist when they inevitably try to take control of cryptos by inventing their own tulipcoins.

[ChimpMaster]

Death of FIAT by Bitcoin using the boiled frog method will mean the long term hodlers become the 1%.

FIAT is already in a death spiral due to the massive national debts meaning it's a race to the bottom through devaluation of their national currencies to avoid their house of cards collapsing. Bitcoin and other sound cryptos will be what they turn to when they realise they need a reset.

It's an opportunity for the younger generations that are tech savvy to wrestle control from the old farts that think we're still playing by their rules.

Just got to resist when they inevitably try to take control of cryptos by inventing their own tulipcoins.

It could be 50 years before this prediction comes true.

[scooterscot]

It could be 50 years before this prediction comes true.

I'll give it a good 10.

Given that most people, except the Germans, spend cash electronically.

[northernladyuk]

Death of FIAT by Bitcoin using the boiled frog method will mean the long term hodlers become the 1%.

FIAT is already in a death spiral due to the massive national debts meaning it's a race to the bottom through devaluation of their national currencies to avoid their house of cards collapsing. Bitcoin and other sound cryptos will be what they turn to when they realise they need a reset.

It's an opportunity for the younger generations that are tech savvy to wrestle control from the old farts that think we're still playing by their rules.

Just got to resist when they inevitably try to take control of cryptos by inventing their own tulipcoins.

That's what gold is for.

[Jog On]

Anyone hodling STEEM off an exchange - and if so what wallet are you using? Just signed up for a steemit account and am waiting for it to be approved...

[DimPrawn]

Nordea Bank Threatens to Fire Employees for Owning Bitcoin

Banks really don't like crypto do they?

https://www.theguardian.com/business...ning-economist

Nobel winning economists don't like crypto do they?

https://www.cnbc.com/2018/01/25/bitc...-governor.html

Central banks really don't like crypto do they?

[Jog On]

Nordea Bank Threatens to Fire Employees for Owning Bitcoin

Banks really don't like crypto do they?

https://www.theguardian.com/business...ning-economist

Nobel winning economists don't like crypto do they?

https://www.cnbc.com/2018/01/25/bitc...-governor.html

Central banks really don't like crypto do they?

They brought it on themselves:

00000000 01 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 ................
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00000020 00 00 00 00 3B A3 ED FD 7A 7B 12 B2 7A C7 2C 3E ....;£íýz{.²zÇ,>
00000030 67 76 8F 61 7F C8 1B C3 88 8A 51 32 3A 9F B8 AA gv.a.È.ÈŠQ2:Ÿ¸ª
00000040 4B 1E 5E 4A 29 AB 5F 49 FF FF 00 1D 1D AC 2B 7C K.^J)«_Iÿÿ...¬+|
00000050 01 01 00 00 00 01 00 00 00 00 00 00 00 00 00 00 ................
00000060 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 00 ................
00000070 00 00 00 00 00 00 FF FF FF FF 4D 04 FF FF 00 1D ......ÿÿÿÿM.ÿÿ..
00000080 01 04 45 54 68 65 20 54 69 6D 65 73 20 30 33 2F ..EThe Times 03/
00000090 4A 61 6E 2F 32 30 30 39 20 43 68 61 6E 63 65 6C Jan/2009 Chancel
000000A0 6C 6F 72 20 6F 6E 20 62 72 69 6E 6B 20 6F 66 20 lor on brink of
000000B0 73 65 63 6F 6E 64 20 62 61 69 6C 6F 75 74 20 66 second bailout f
000000C0 6F 72 20 62 61 6E 6B 73 FF FF FF FF 01 00 F2 05 or banksÿÿÿÿ..ò.
000000D0 2A 01 00 00 00 43 41 04 67 8A FD B0 FE 55 48 27 *....CA.gŠý°þUH'
000000E0 19 67 F1 A6 71 30 B7 10 5C D6 A8 28 E0 39 09 A6 .gñ¦q0·.\Ö¨(à9.¦
000000F0 79 62 E0 EA 1F 61 DE B6 49 F6 BC 3F 4C EF 38 C4 ybàê.aÞ¶Iö¼?Lï8Ä
00000100 F3 55 04 E5 1E C1 12 DE 5C 38 4D F7 BA 0B 8D 57 óU.å.Á.Þ\8M÷º..W
00000110 8A 4C 70 2B 6B F1 1D 5F AC 00 00 00 00 ŠLp+kñ._¬....

https://en.bitcoin.it/wiki/Genesis_block

[ronkeen]

Death of FIAT by Bitcoin using the boiled frog method will mean the long term hodlers become the 1%.

FIAT is already in a death spiral due to the massive national debts meaning it's a race to the bottom through devaluation of their national currencies to avoid their house of cards collapsing. Bitcoin and other sound cryptos will be what they turn to when they realise they need a reset.

It's an opportunity for the younger generations that are tech savvy to wrestle control from the old farts that think we're still playing by their rules.

Just got to resist when they inevitably try to take control of cryptos by inventing their own tulipcoins.

Sounds fairy. Problem is they are gonna regulate the soul out of cryptocurrency in next 2 years. And then just declare that we are funding terrorists ( while that's government's / bankers job ) and make crypto illegal. Like they did in China last week.