Tag: country

Sending Cash with a Bitcoin ATM: What You Need to Know

Posted on by admin

How to Locate a Bitcoin ATM

If you’re looking to buy or sell Bitcoin, one of the most convenient ways to do so is through a Bitcoin ATM. Bitcoin ATMs are becoming increasingly popular, as they provide an easy and secure way to access the cryptocurrency market. But where can you find a Bitcoin ATM?

The first step in locating a Bitcoin ATM is to search online. There are a number of websites that provide information on Bitcoin ATMs, including their locations, fees, and services offered. Coin ATM Radar is one of the most popular websites for finding Bitcoin ATMs, as it provides a comprehensive list of ATMs worldwide. It also allows you to filter the list by country, city, and even the type of ATM.

Another way to find a Bitcoin ATM is to ask around. If you know someone who has used a Bitcoin ATM before, they may be able to provide you with information on where to find one. You can also ask your local cryptocurrency-related businesses, such as exchanges or mining companies, if they know of any Bitcoin ATMs in your area.

Finally, you can look for Bitcoin ATMs in your area by using Google Maps. Simply type “Bitcoin ATM” into the search bar and you should be able to see any ATMs that are nearby.

Once you’ve located a Bitcoin ATM, it’s important to make sure that it’s safe and secure. Check the ATM’s website for information.

Understanding Bitcoin ATM Fees

Understanding Bitcoin ATM Fees is an important part of using a Bitcoin ATM. Bitcoin ATMs are a convenient way to purchase and sell Bitcoin, but they come with fees. Knowing the fees associated with a Bitcoin ATM can help you make the most of your transaction.

The fees associated with Bitcoin ATMs vary depending on the ATM operator and the type of transaction. Generally, there are two types of fees associated with Bitcoin ATMs: a transaction fee and a network fee. The transaction fee is charged by the ATM operator and is typically a percentage of the amount being transacted. The network fee is charged by the Bitcoin network and is used to cover the cost of processing the transaction.

The amount of the transaction fee will vary depending on the ATM operator. Some operators may charge a flat fee, while others may charge a percentage of the amount being transacted. It’s important to check the fee schedule of the ATM operator before making a transaction.

The network fee is set by the Bitcoin network and is based on the size of the transaction. The larger the transaction, the higher the network fee. The network fee is typically a small percentage of the amount being transacted.

When using a Bitcoin ATM, it’s important to factor in the fees associated with the transaction. Knowing the fees ahead of time can help you make an informed decision about whether or not to use the ATM.

Preparing to Send Cash with a Bitcoin ATM

Preparing to send cash with a Bitcoin ATM can be an intimidating process for those who are unfamiliar with the technology. However, with a few simple steps, you can easily send cash with a Bitcoin ATM.

First, you will need to locate a Bitcoin ATM near you. You can find Bitcoin ATMs in many cities around the world. Once you have located a Bitcoin ATM, you will need to create an account with the ATM provider. This account will allow you to access the ATM and send cash.

Next, you will need to fund your account. You can do this by transferring funds from your bank account, credit card, or other payment methods. Once your account is funded, you can then use the ATM to send cash.

When you are ready to send cash, you will need to enter the recipient’s address. This address is typically a long string of numbers and letters. You will also need to enter the amount of cash you would like to send. After entering the information, you will need to confirm the transaction.

Once the transaction is confirmed, the ATM will process the transaction and the cash will be sent to the recipient. Depending on the ATM, you may be able to track the transaction and view the status of the cash transfer.

When sending cash with a Bitcoin ATM, it is important to remember that the transaction is irreversible. Once the cash is sent, it cannot be reversed or refunded. Therefore, it is important to

Steps for Sending Cash with a Bitcoin ATM

Sending cash with a Bitcoin ATM is a great way to quickly and securely transfer money to anyone in the world. It is a convenient and cost-effective way to send money, and it can be done in a few simple steps. Here is how to send cash with a Bitcoin ATM:

Step 1: Find a Bitcoin ATM: The first step is to locate a Bitcoin ATM. This can be done by searching online for “Bitcoin ATM” and your city or zip code. There are many Bitcoin ATMs located around the world, so you should be able to find one near you.

Step 2: Insert Cash: Once you have located a Bitcoin ATM, you will need to insert cash into the machine. The amount of cash you need to insert will depend on the amount you are sending.

Step 3: Enter the Recipient’s Bitcoin Address: After you have inserted the cash, you will need to enter the recipient’s Bitcoin address. This is a unique string of numbers and letters that identifies the recipient’s wallet.

Step 4: Confirm the Transaction: Once you have entered the recipient’s Bitcoin address, you will need to confirm the transaction. This can be done by pressing the “Confirm” button on the ATM.

Step 5: Receive a Receipt: After you have confirmed the transaction, you will receive a receipt. This receipt will contain all of the information about

Security Considerations for Using a Bitcoin ATM

First, it is important to make sure that the Bitcoin ATM you are using is reputable and secure. Look for ATMs that are operated by well-known companies, such as Coinme or Coinstar. Additionally, check to make sure that the machine is properly secured and that the company is compliant with all applicable regulations.

Second, it is important to be aware of your surroundings when using a Bitcoin ATM. Make sure that the area is well-lit and that there are no suspicious people lurking nearby. Additionally, it is best to avoid using a Bitcoin ATM in a public place, such as a train station or airport, as these locations are more likely to be targeted by criminals.

Third, it is important to take steps to protect your personal information when using a Bitcoin ATM. Make sure that you are not providing any sensitive information, such as your Social Security number or bank account number, to the machine. Additionally, it is best to use a secure connection when making any transactions, such as a Virtual Private Network (VPN).

Finally, it is important to be aware of the fees associated with using a Bitcoin ATM. Many ATMs charge a transaction fee, as well as a fee for exchanging your cryptocurrency for cash.

How Bitcoin Can Outperform All Cryptocurrencies After The Banking Crisis | Analyst Explains

Posted on by admin

Video Transcription

Bloomberg Intelligence Senior Strategist Discusses Implications of Banking Crisis on the Bitcoin Market
The ongoing banking crisis seems to be a pivotal moment for the global financial system and for crypto After the shutdown of two major crypto-friendly bags, the position of the crypto industry in the US looks increasingly precarious. On the other hand, confidence in traditional bags has been shaken and people are forced to look for alternatives. Bitcoin an asset without counterparty risk that can be self-casted may be that alternative. So what are the broader implications of the banking crisis on the crypto market? Is this the catalyst that will kick off the next Bitcoin bull run To find out. I talked with Microgron the senior commodity strategist at Bloomberg, Intelligence, I’m Giovanni, and on this show, we challenge the ideas that shape the world of crypto. In each episode, we assess a crypto narrative, a macroeconomic outlook or a potentially disruptive technology. Only the most solid ideas will make it to the other side.

Banking crisis defining Bitcoin as global digital coI just want to get a sense of what you think about the latest banking crisis and its relation with the crypto markets. So, in a recent interview you said that the current banking crisis is defining the value of Bitcoin. Can you explain exactly what you meant by that? So Bitcoin was born out of the last significant financial crisis or the Great Financial Crisis in 2009, and I think this one’s in the process of defining Bitcoin as global digital collateral? Now that’s the current state Bitcoin has done very well bouncing back above 25,000 resistance At the time we’re taping this on Wednesday, it’s around 27,000, while the stock market still is under pressure – And I think what’s happening – is we’re seeing a significant rally in Bitcoin this year.

How Bitcoin can outperform all cryptocurrencies after the banking crisis | Analyst explains

llateral, leading to significant rally in 2020.Bitcoin Gains Ground as a Global Digital Collateral Amidst Financial CrisisUp to about 73 %, Obviously it was oversold last year, but partly because people are realizing that it’s becoming more like gold and US Treasury bonds, but just a higher beta version of gold And it’s gaining accolades as maybe not so much a store value. Yet. But it’s global digital collateral in the world, that’s going digital, So this financial crisis is quite significant and it’s defining it And I think people are realizing the thing about Bitcoin, it’s no one’s project and no one’s liability and it’s completely independent, like gold. The thing is, it has a definable definition, diminishing supply and it’s so low as far as adoption in so early days – and this seems to be the trigger The banking crisis.I think when people realize “ – Oh my money may not be so safe in a fractional reserve banking system. It might be safer in a fully collateralized, stablecoin or crypto dollar .”. It seems to be hitting that inflection point that I’ve been looking for a while.

Bitcoin transitions from hedging against inflation to hedging against banking risks
I’M just kind of during the headlights watching “ Wow. Is it really finally happening “ There used to be a narrative that defined Bitcoin as a hedge against inflation. Would you say that now this narrative has transitioned into Bitcoin as a hedge against banking risks? I think it’s going there because I never believed in the hedge against inflation because that’s so long term Bitcoin needs to be around for I think decades before that happened, It’s still just a baby. It’s just evolving! It’s so early days. It’s such a small portion of global portfolios, But as far as a potential hedge against banking issues, yeah, I mean it’s coming up there like with gold and Treasury bonds. Now that’s just a high beta high-risk version, but I think it’s people are realizing “. Well, I really probably have to have some of this, particularly if I’m looking to get away from risk assets like the stock market.

Expert dismisses fears of US authorities “debunking” cryptocurrencies as short-term fear-mongering
This Bitcoin stuff is if the stock market, if risk assets, do recover, it’s probably gon na outperform “.I just want to touch upon some of the fears that have been going around for quite a while in the US, because a lot of people were talking about this Operation. Choc Point 2.0, which is basically this narrative according to which the United States authorities are trying to debunk crypto in the US. How big of a threat is that? Are you not concerned about this trend? I’m surely concerned, but I think it’s much more short-term fear-mongering and it’s typically not going to last. It’s part of what this is an overwhelming, rapidly advancing technology and most astute smart people in this country get it Some don’t They might be incumbents in power, but, like all the major changes in history, even like the key thing, the obit development of Eurodollars, that Was not really the trading of US dollars offshore and banks? Was that really supported by the US government, we’re seeing?

Bitcoin Growth May Face Pushback from Current Administration, But Long-Term Adoption Unstoppable Despite Fed Policies, Banking Crisis
I think this is just overwhelming. So I think I don’t know where that’s going to go. I do know if the current administration continues to push back. They’re likely to be voted out in two years anyhow like a chairman of the SEC, But two years left, and I don’t know when I had to define that so much. But it just means that it’s going to be a pushback in the shorter term. But in the bigger picture, it’s really going to be hard to stop. This technology. We know that the growth of the price of Bitcoin is still very sensitive towards the US, and Fed monetary policies and how aggressively these monetary policies are being handled. So a lot of people saw this banking crisis as this turning point where the Fed is going to say “, We have been tightening too hard, and now we are basically being hit by the collateral effect of that .”. So a lot of those banks collapsed because of the two aggressive hikes of interest rates that have been conducted in the last few months.

Fed hikes rates despite potential recession concerns in the global banking crisis
Today we saw that all the eyes were pointed at the Fed, seeing whether the Fed was going to hike more or stop and try to prevent this banking crisis from continuing. So what is your reaction to the Fed’s decision today? They hiked rates, again. The ECB did a week ago, 50 basis points and it’s probably the last hike Markets are pricing for easing a little bit of easily, not a lot yet, but the bottom line is they’re, potentially tilting us towards a significant recession. Potentially depression, I mean the hike into you can’t be a hawk in a bank run is the quote from my colleague, Tom Orlik He’s our chief economist, and he wrote that a little while ago and they just did, Can we were having a big run. So the ECB, this is a global bank run and it potentially this country is just getting started. Remember it’s basically only been a year and one week since the first hike, the most aggressive hike on a global basis ever and there’s this rule of long and variable lags.

Expert predicts official acknowledgment of deflation as recession looms and commodities collapse
So what I see is the bank situation is a tree in the force of what I’ve been pointing out for a while Commodities collapsing. Now, let’s just start getting started, because everything is tilting towards recession, except things like unemployment and unemployment can only go one way. It’s so low, it can only go up, which means the recession is virtually guaranteed. You look at things like the yield curve, so I think the Fed is just way far behind like they were so far behind in inflation. Now that inflation is potentially collapsing and I’ll point out that in a second, the leading indicators peaking housing, the banking crisis, and commodities means they should have stopped and they still hiked rates. So I fully see looking forward we’re going to have the official acknowledgment of deflation other from government statistics, not from forward-looking things like my commodities and the Fed tightening So they’re.

Banking crisis accelerates the next crypto bull run, but S&P 500 pressure could impact Bitcoin, says an expert.
So far, behind the key thing we’re going to end with we’re going to find out what and get is now By this time next year, Giovanni when we’re talking, I’m pretty sure we’re going to be talking about significant enduring deflationary forces. The Fed, not easing with the ease that it has in the past. Everybody is waiting for the moment when the next crypto bull market will kick off. So has this banking crisis accelerated this perspective, or has it made it far further away? What is your view on this? I think the answer is yes, it’s kicking off the next bull run, but it’s very much subject to the ebbing tide of the stock market. We’re talking right now with the S & P 500 around 4,000.I feel expected to go to 3,000 in a recession, a normal recession, which is predicted the highest probability since 1982 from the yield curve, And that’s going to be a pressure factor in Bitcoin but potentially you’re hitting that inflection.

Bitcoin’s Sustainability Above $25,000 Could Indicate Takeoff Amid Recession, Says Expert
Now, where this recession is going to be great for things like gold and long bonds And the thing is – is Bitcoin in there?I think it’s hitting that, but it’s just hard to say for sure, But I think the more the Bitcoin can sustain above 25,000 and the more the S & P 500, potentially pressures below 4,000. You can have an indication that Bitcoin is just going to take off and we have to get there. To touch upon your view on the crypto dollar, so the stable coins dollar-backed stable coins. What we saw is that a very respected, stable coin USDC had a significant amount of their reserves in a bank that was a Silicon Valley bank. It collapsed and it lost its bag for a little while So that kind of showed how these crypto dollars can also be very vulnerable to this sort of crisis. What is your view on that? It’S funny. It’S unique that the In the banking system, they did it in banks outside the U.S. and created the Eurodaux system. This is happening in crypto dollars and it’s happening fast.

Bitcoin Expected to Continue Outperforming Ethereum Amidst Global Economic Recession, Says Analyst
The technology is overwhelming and we know that now Ethereum is going to turn fully proof of stake by allowing staking with the Shanghai upgrade. What do you think Is Ethereum going to outperform Bitcoin this year? So far, Bitcoin has outperformed virtually all crypto assets and if my base case of a severe global economic reset recession pans out, I think Bitcoin will continue to outperform. I see Ethereum right now, stuck between a thousand and two thousand. Now it’s at 1700 and 2000 is very good resistance. It is the base layer for the tokenization of crypto dollars and things like that. But now we’re in that stage, where I think, if I’m correct, the stock market goes closer to three thousand S & P 500 and gold and treasury bonds. Outperform in this significant recession in the US, Then I think Bitcoin will outperform virtually all cryptos, including Ethereum. That’s been the case so far this year, It’s the existing trend and I think it’s going to accelerate more.

Strategist Warns of Economic Hurricane and Predicts Bitcoin to Outperform Other Cryptos.
We have to get through this bump in the road and the bottom line, to remember from my standpoint as a strategist is that it’s my duty to warn people when I see a hurricane coming, I see a hurricane coming economically man, It’s just based on what you see We started speaking about it earlier and it’s central banks tightening despite a bank crisis and despite forward-looking deflationary forces, Bitcoin will probably be the best performer among the cryptos, including Ethereum. Well, Greg awesome Thanks Dr. Mike for giving your outlook in these complicated times. Let’s talk again very soon, Looking forward to it Giovanni, and thanks for having me on

FCA Consults on Asset Management Regulation Update

Posted on by admin

To better understand the needs of investors in the asset management (AM) industry, the British Financial Conduct Authority (FCA) has published a new regulation paper titled ‘Updating and improving the UK regime for asset management. Interested parties can submit their comments and ideas by 22 May 2023.

FCA Wants to Update Asset
Management Laws

The UK firms manage over £11 trillion in assets, making the country a leading hub for asset management. Through the Future Regulatory Framework, the assessment of the future of the local financial services sector outside of the EU, the FCA has an opportunity to enhance asset management regulation with a more modern and customized system that effectively addresses the requirements of UK markets and customers.

The FCA
will ensure that any modifications are in harmony with global standards and promote technological advancements and innovation.”The UK has an opportunity to update and improve the UK regime for asset management.
We want to hear from a wide range of voices about how we can enhance the existing standards, and what we should prioritize to bring the most benefits to consumers, firms, and the wider global economy,” Camille Blackburn, the Director of Wholesale Buy-Side at FCA, commented.

In its latest publication, the FCA presents a broad array of concepts, such as how it can facilitate firms in using technology to enhance customer efficiency and experience. Additionally, it examines how the FCA’s regulations can be improved to help companies deliver assistance to retail and wholesale investors, whether based in the UK or internationally.

At the current level of work, the FCA has not yet approved any proposals, and it wants to hear from stakeholders before doing so. The update to the AM rules is in line with the regulator’s three-year strategy to promote growth in the quality
of local financial markets.

 

Watch the recent FMLS22 panel on constructing collaboration between fintech, banks, and asset management companies.

With or Without the EU,
the UK Dominates the Asset Management Industry

According to the Global City’s report published on October 2022, the UK still holds the title of the top global center for asset management. As mentioned above, the nation manages £11.6 trillion in assets, making it the second biggest global hub after the US.

The asset management industry grew in 2021 by £600 billion (or 5%), while 37% of all European assets are under UK management. The country’s share in the AM industry is more significant than the following three countries combined, including France, Germany, and Switzerland.

“Given the UK’s leading role as a center for asset management, we want to make sure our rules are fit for the future. We want a UK wholesale market that supports the economy and is open to innovation while remaining consistent with high standards of consumer protection and market integrity,” Blackburn added. Additionally, the report
by Global City shows that the UK is a convenient location for overseas investors, with 65% of UK investment fund managers’ assets based overseas. Overseas clients account for £4.6 trillion of total assets under management.

FCA on a Hiring Spree in 2022

To better serve the asset management and other financial services industries, the UK’s
regulator added 1,000 new officers in 2022, opened an office in Leeds and accelerated its expansion in Edinburgh.

Meanwhile, at the beginning of 2023, the FCA announced several significant personnel decisions. At the beginning of February, the regulator  confirmed theappointment of Aidene Walsh as the Chair of the PSR (Payment Systems
Regulator). Welsh has served as the PSR’s Interim Chair since April and was recently commissioned for a full three-year term.

Additionally, the regulator has reappointed Baroness Zahida Manzoor to lead the Financial Ombudsman Service (FOS) as its Chair for a second term, which will run until August 2025. The FOS has direct contact with consumers, and in 2022, it accepted more than 73,000 complaints relating to the performance of financial services
and products. To better understand the needs of investors in the asset management (AM) industry, the British Financial Conduct Authority (FCA) has published

a new regulation paper titled ‘Updating and improving the UK regime for asset management’. Interested parties can submit their comments and ideas by 22 May 2023.

Source link

Goals Require Work and Time Management

Posted on by admin

Any single goal requires hard work and properly constructed time management schemes to work in harmony in an effort to achieve our dreams. When you are diverting a plan to meet your goal then you need to work a time management solution that runs smoothly and consistently. I am going to include an example of a faulty time management scheme and an over-your-head goal agreement: 

 

According to Business Week Online: “SEP. 24 2:32 P.M. ET File bankruptcy now — before the law changes! That’s the message — or exhortation — that attorneys are making across the country, in TV commercials, print ads and mailings, urging Americans to seek bankruptcy court protection before a new law makes it harder for them to walk away from their debts.

Debtors are responding. Counting down toward the Oct. 17 effective date for the biggest reform in U.S. bankruptcy law in a generation, personal bankruptcy filings have jumped this month to the highest on record. Filings averaged more than 9,000 per day, up roughly 50 percent from last year’s average daily volume, during the first two weeks of September.” The statistics says that this “number is climbing’ before the deadline.

 

Is this your goal in the next ten years? If not then you had better get to work committing yourself to the requirements (which include hard work) in order to achieve your goals. Time slips from our hands, and if we are not monitoring our time carefully, then time and money is lost. Today, it takes two people to meet one goal.

However, if we are single, it is possible to move ahead with less effort than we realize. For example, you can cut back your time by doing your work on time. You can also make a wise decision and get a job that pays you the money that you deserve in sink with your skills.

There are many decisions when it comes to managing time, and no decision should be left out. In the course of ten years, anything can happen. We can lay out a well-constructed plan that seems bullet proof, but suddenly everything changes when we did not calculate all aspects of life into that plan. Now, the percentage of bankruptcies is often a direct result of negligence in time management.

Some of these people most likely failed to add and subtract disaster in their time management plan, while others may have took for granted their achievements and went on a spending binge. Whatever the reason, someone did not put work and time management in proper force. 

When we plan to achieve goals, we should look at our selves foremost, and then move onto other requirements that support our goals reach. Knowing our selves first can help us to see if we are lacking in one area, and which area of our being is the strongest. Time management schemes help us to reach goals, by keeping us motivated.

If we are lacking motivation (it takes work to stay motivated during the process of reaching your goal), then we need a solution. Starting with knowing our selves is the first step to setting goals, achieving goals, and setting up a time management scheme that works.

Once we come over this obstacle, we next move to planning to reach our goals. We start with WORK and Critical THINKING! One of the best tools in our lives is education since it directs us in the right path to success. If you are lacking education and skills and your goal is out in left field, you know that you need to improve.

Starting a business is never easy. It takes time, effort and money. If you do not have these three ingredients, your goal is cooked. Therefore, you need to set up a budget, savings, and monitor your time carefully to meet your goals expectations.

There are many ways to make money and save money. All we need is the knowledge, skills and the willingness to achieve. Now, if you are looking at the picture in this article, in the next ten years if you don’t plan to struggle with the law to file bankruptcy, then you better get the ball rolling now and work hard every single day; while you carefully lay out a plan that helps you reach your goals. 

No Credit Check Personal Loans – Fulfill Your Financial Needs

Posted on by admin

There are some occasions in life which you cannot avoid. Along with these special occasions usually come large expenses. At times, you will find yourself constrained because of financial reasons. Maybe you find that it is difficult to get a loan because your credit score is low or because you lack some important documentation. So, what do you do in such cases?

In most countries, especially in the US and UK, you can avail of no credit check personal loans from a few companies. These companies are mostly benevolent; they take into account how irregular things are these days during the financial crisis and they will try to fulfill all of your different financial needs. But at the same time, they are also in for the business. So, even if they do give these no credit check loans, they will extract their pound of flesh in some other way, such as a high rate of interest.

Such loans are usually given out for low sums of money, and the timeframe is not very high. But you can find some institutions giving out such loans for high periods of time as well. The sum must be paid back in a period of time ranging from 1 to 25 years, depending on the size of the loan you have taken out. 

The personal no credit check loans can be used for whatever purpose you require them for. Like, for utility bills, paying off debts, a vacation or any other personal needs.
When you obtain money through this scheme, it meets all of your different requirements. The money is to use for whatever you need it for. The lenders will not concern themselves with your previous credit records before approving your loan. 

Since these advances are not secured and the lender stands the risk of losing money on your loan, interest rates are often quite high. The criteria you must meet in order to be considered eligible for this type of loan is as follows:

  • You have to be at least 18 or older. 
  • You should have a permanent job. 
  • You should have a proper depository account
  • You have to be a citizen of the country where you are seeking the loan.

If you need your loan to be processed immediately, it is not necessary for you to go through an extended process. You should simply fill out the online application. Just get to the website and fill out the form. Once you have completed this part of the process the money lenders will go over the facts you have provided. Soon after your application has been approved you will receive the sum of your personal account.   

 

The personal no credit check loans are especially designed to suit people with a bad credit history. The loans are unsecured, which means you will not need to place any collateral into this loan. It can be used for anything you want to use it for. 

 

Traveling Around The World Using Bitcoin

Posted on by admin

From Bitcoin Novice to Global Traveler: A Journey of Discovery and Adventure

My journey started back in august 2021. It was a full moon night and my really good friend messaged me he’s like do you want to travel the world and i was like yeah but he’s like there’s a catch, and i was like, what’s that he’s like you, have to travel the world on bitcoin And i’m like yeah sure like, but what is bitcoin he’s like i’m giving you a book, read it and he gave me the book called the bitcoin standard. As you start reading the book, the first 30 pages they’re enough for any person to just flip. Like, oh, my god like this is happening like this is literally happening around the world, and this is how it’s all started: [, Music, ]. Also in the book. They told me about this wonderful, lady, british traveler. Her name is nelly plai and it was 1878.. She circumnavigated the globe by using pounds which was a new currency back then, and gold coins and she did it, and i was like this – is 20 21.I will travel the world by using bitcoin.I am born in india, but raised up in oman.

Around the world on BTC only | Crypto Stories Ep. 13

 

Former Airport Manager Takes Four-Year Sabbatical to Travel the World on a Budget and Discover the Importance of Proof of Work

I was managing the royal airport and i was getting a very handsome. Salary. Life was pretty good right, but then just again i was just a 24 year old kid and i was like there’s so much more and i started having travelers in my house. No money. Just cultural exchange i was like wow. This is crazy.I was like i want to try it for myself and i went on to travel to europe and i really loved it.I came back and i quit my job.I was supposed to take a one year. Sabbatical but it turned out to be four years.I hitchhiked all the way from united states to chile, and i was doing very small jobs from being an english teacher being a volunteer in hostels.A dishwasher dumpster, diving selling peanuts in peru writing people’s name in hindi. In chile, and then i became a waiter for four months. My friend had just gifted me, gopro and covet hit, and i just started vlogging, and he gave me this book the bitcoin standard and that’s what i understood. Something important in life is proof of work.

Man travels around the world on Bitcoin, promoting connectivity and hosting meetups in every city.

You work, you get rewarded, it’s practically karma. What goes around comes back around my dad is literally 65. He doesn’t believe in it he’s like it’s, your life and you’re going to live it. So go ahead! Good luck!I have enough money to take care of me and your mother, you believe bitcoin is a thing, go for it. When my journey started.I had zero donors, i sold my furniture got 200 of bitcoin and as soon as i started on day, one the first bitcoin meetup we had in bengaluru one guy, came and gave me two hundred dollars of bitcoin the day. Five somebody gave me three hundred dollars, then ten dollars and fifty dollars, and so on so forth. It’S going on my plan is to to 40 countries in 400 days, but as soon as my journey started in november december, we had this new kovit that came in and the plans got really slow.I have done so far. Eight countries and the purpose of this journey right now in africa is to get everybody connected. You know i host bitcoin meetups in every city that i go down to.

African Bitcoin Adoption Vital for Economic Stability Amidst Falling Currencies

I have found a restaurant here, a bar a massage place.I feel african needs bitcoin more than anyone else in the world. Like you just know, sri lanka just crashed down nigeria. You can just move almost 20 dollars per month. All these countries are done and what’s going to save them is u.s dollar or is it going to be the cbdc? This world is being run by people? It’S just like a public dance. You know when you do a puppet dance with those two hands. You can do it for like half an hour one hour two hours, but after that your hands start painting and the puppets start falling down, and this is what’s happening around in the world. All the currencies are falling down. The countries are falling down. It’s a big blow, it’s happening fix the money fix the world, it’s just like a universe, you know, there’s a sun and then there are nine planets. One will be the store of value and hyperbitcoinization is moving forward.

Crypto enthusiast plans to live off Bitcoin for life, believes altcoins will be backed by BTC.

All these cryptocurrencies that are in the system are utility and they are down to solve something. You know they all will be backed by the bitcoin and, yes, definitely i will be living off bitcoin for the rest of my life. Come on guys like we’re almost there. It’S been about six months now, day 194.I will definitely do that. [, Music, ]

 

Bitcoin Travel The World

 

Exciting New Competition: The OKX World Cup NFT Tournament

Posted on by admin

OKX, the world’s leading provider of mobile and online gaming services, is proud to announce that it will be introducing the new World Cup Non-Fiction Text Scoring (NFTS) game this summer.

For those not familiar with NFTS, a player will be asked to select one or more correct answers from a list of four possible choices. The answers are drawn from factual information, such as historical dates, names of leaders and so on.

To add an element of fun and excitement to this game, each correct answer will earn the player points based on how easy it was to find the correct answer in the list—the longer the player takes to select an answer in a list of four potential choices, the higher the points earned.

The points will determine which countries make it through to the next round of play.

OKX wants its players to have a chance at winning some serious cash prizes so it has invested heavily in making this a truly global game. To do this OKX has acquired all rights for World Cup coverage for every country on earth. This means that every player in every country can play for their own national team and earn points based on how well their team does in each match.

A key appeal for players is that anyone can

You’ve probably already seen a lot of advertisements for the FIFA World Cup. It’s a huge sporting event that takes place every four years, and this year it’s in Russia. But you might not know that OKX has also introduced an exciting new competition: the OKX World Cup NFT Tournament.

Bored Ape NFTs Hit Hard, Justin Bieber’s $1.3 million: His first-ever NFT

Posted on by admin

 

His first-ever NFT, a piece of art entitled “Take My Breath Away”, is the highest-selling celebrity collectible on the blockchain to date, selling for 0.005 ETH.

The new digital artwork is a digital Rorschach test—a popular meme that features a clip from the 1986 film Top Gun in which Tom Cruise’s character makes an impact with his mere presence. The meme typically consists of two pictures: one that was taken before the Cruise character arrived and one that was taken after.

Bieber’s artwork features 11 Rorschach test images on a single 0x1000000 token, with each image representing a different city or country on his ongoing global tour. The artwork is also available as a traditional limited edition print signed by the artist, with all proceeds going to charity through a non-profit organization that raises money for “people facing poverty or crisis with life-changing generosity.”

So kids, you might have heard that the Bored Ape NFTs hit hard this week, with LeBron James and Justin Bieber both being outed as users. That Bieber kid is getting a lot of flack for it, which I think is unfair. He’s 19 years old, he’s got $1.3 million in the bank. It’s not like he was using his prescription pills to get through work or school or anything like that. I mean, don’t get me wrong: I’m not condoning what he did—I’m just saying we should cut him some slack.

Bored Ape doesn’t typically post much about non-fungible tokens (NFTs), but the one that hit this week was so big, we couldn’t help ourselves. Bored Ape is currently attending a conference in Miami, where the news of Justin Bieber’s $1.3 million NFT purchase caught our attention. At the center of this particular NFT is a photo of the singer, which his management company took from his Instagram feed and put up for sale on CryptoKitties. The thing is, CryptoKitties is just one of several crypto games that are now available for NFTs. The Wild West environment it created for crypto gaming has spawned some pretty interesting projects, including a game called CelebrityCrypto.com, which allows people to create their own celebrity-themed NFTs and sell them to others as collectibles. What’s particularly unique about Justin Bieber’s CryptoKitty is that it’s being officially endorsed by the star himself—his management team even tweeted about it. Of course, Justin Bieber isn’t the only celebrity who has dipped his toes into cryptocurrency through an NFT lately. Paris Hilton and Floyd Mayweather have both been known to promote ICOs on their social media accounts. If celebrities are going to start endorsing

Putin Signs Law Banning Crypto-Based Payments In Russia

Posted on by admin

 

Russian President Vladimir Putin signed a law on July 14 that bans the use of cryptocurrencies as a means of payment, local news media RBC reported.

The ban applies to the use of digital financial assets (DFAs) and utilitarian digital rights (UDRs), which refers to tokens that offer the right to utility or services.

The law reads,

“It is prohibited to transfer or accept digital financial assets as a consideration for transferred goods, performed works, rendered services, as well as in any other way that allows one to assume payment for goods (works, services) by a digital financial asset, except as otherwise provided by federal laws.”

The final clause leaves an exception on DFA payments that may be allowed by federal laws.

The legislation also places an obligation on crypto exchanges to reject any transactions where DFAs or UDRs can be used as an alternative to money. In other words, crypto exchanges need to ensure that no transaction takes place where any crypto assets are used as payment for goods or services.

The draft bill was first introduced in the State Duma, the lower house of the Russian Parliament, on June 7 by Anatoly Aksakov, Chairman of the Financial Market Committee. The law was approved by the Federation Council, the country’s upper parliament house, and sent for consideration to Putin on July 8.

Although Russia is yet to fully regulate cryptocurrencies, the law “On Digital Financial Assets” introduced and defined DFAs and UDRs when it went into force in 2021.

Russian regulators are scheduled to review a new bill, “On Digital Currency,” later this year which is expected to fill the holes in regulation.

The legislation will come into force 10 days after it is published in the government gazette, the RBC report said.

A change in stance

Although the Russian central bank had called for a ban on cryptocurrencies for years, recent developments suggested that the bank may be softening its stance.

In May, the Russian industry and trade minister Denis Manturov said that the country would sooner or later legalize crypto payments, Reuters reported.

In the same month, another Reuters report stated that the Central Bank of the Russian Federation was open to the use of cryptocurrencies for international payments.

In June, central bank governor Elvira Nabiullina said in an interview with RBC that cryptocurrencies can be used for international payments, provided the assets do not “penetrate” the Russian financial system.

Source link

Central African Republic to tokenize natural resources

Posted on by admin

 

👋 Want to work with us? CryptoSlate is hiring for a handful of positions!

The Central African Republic is stepping up its blockchain adoption with a new announcement from the president revealing that the country will tokenize access to its natural resources.

President Faustin-Archange Touadéra posted the statement announcing these latest developments on his official Twitter account. The announcement explained that this is the next step for Project Sango, which the country had earlier announced.

Part of the statement reads:

“We are giving everyone access to the riches of our land. In other words, we are transforming them into equally valuable and important digital assets through an unprecedented new administrative, economic movement.”

Additionally, the president has directed the parliament to prepare a strategy that will create investment opportunities.

This is in the buildup to the country’s Project Sango, launched in May. International bodies like the World Bank and IMF have criticized the country’s Bitcoin adoption move. However, the government appears to be sticking to its guns.

Meanwhile, Project Sango’s website claims that the World Bank has approved a $35 million development fund for the project.

CAR is blessed with abundant natural resources, including petroleum, copper, rhodium, and diamonds. It also has other minerals like cobalt, manganese, gold, and limestone.

But the country is one of the poorest and least developed nations despite the abundance of its resources. The president believes that can change with cryptocurrency and blockchain technology adoption.

In an earlier statement President Touadéra blamed the current economic system for the country’s woes. But with the tokenization of its “massive geological treasures,” the country now has the means to create more investment opportunities and attract foreign investors.

Posted In: , Adoption

Source link