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Buy Airline Tickets With Bitcoin Quickly And Securely To The Seaside Destinations Of Brazil

Buy Airline Tickets With Bitcoin Quickly And Securely To The Seaside Destinations Of Brazil
Brazil contributes as an excellent destination for tourists. The country has earned a high reputation for the fantastic beaches, beautiful women, and amazing football players.


https://preview.redd.it/p5p3s1ro4er21.jpg?width=940&format=pjpg&auto=webp&s=de47f8da589c5c05e576cf920fe21672e5ce01e6


If you are tired of the hustles and bustles of life, and are seeking peace; plan your escapade to the exotic beach locations of Brazil. Here is a look at the incredible scenic beauty that Brazil has to offer:

· Santos Beach
The town of Santos is recognized as the largest seaport in the region of Sao Paulo. It has been popular for several centuries for being the best in blending coffee. The tourists prefer visiting the remnants of the coffee empire.

· Praia do Forno
The coastal village of the Buzios used to be the home of slave traders and pirates. As the industries closed down, the area turned into a fishing village. The town has earned a high reputation for the twenty-odd beaches which surround the area.

· Praia do Campeche
Florianopolis city is considered to be a fantastic tourist destination. Beach lovers are going to love it as it has 42 unique beaches.

Half of this city is located on the mainland of Brazil. The other half of the city is nestled on the Island of Santa Catarina.

On the south-eastern part of Santa Catarina Island is the beautiful Campeche city. The city is considered to be one of the top beaches in Florianopolis. The beach happens to be one of the favorite destination among the kite surfers, surfers and other tourists.

· Praia de Pipa
The fishing town of Pipa was discovered during the 1970s.

The dolphins, crystal clean water, sea life and the turtles play an indispensable role in turning the town into the vibrant and wonderful travel destination it is now.

Buy airline tickets with bitcoin to the most amazing beach towns of the North East and discover unique cultural gems at ease.

· Jericoacoara
Nestled behind the sea dunes, this region is located at the north end part of the country of Brazil. The only option to reach this treasure trove is by crossing the unpaved sand tracks via the dunes.

The blue seas, golden sands contribute to being the wow factor why people love visiting the country. Buy your airline tickets with bitcoin and escape to these treasure trove of seaside destinations.
submitted by xceltripn to CryptocurrencyICO [link] [comments]

Anyone had experience buying airline tickets with BTC? /r/Bitcoin

Anyone had experience buying airline tickets with BTC? /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Buying Airline Ticket with BTC /r/Bitcoin

Buying Airline Ticket with BTC /Bitcoin submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Law of attraction works in the most strangest of ways

So from my experiences with lottery wins and the LOA serving Justice or balancing wrong doers (more on this below). I have come to the conclusion that Law of Attraction works via psychic or higher self means. It will almost always directly go to work when a person absolutely completely let's go of the matter.
In my case, the LOA both brings me things I desire like lottery wins. I won lottery 7 times via LOA and the lottery wins happen only when I get the tugging pulling feeling that guides me to the win, I can't just play every day, it has to somehow one day just tell me "Buy that". It even nearly made me a millionaire via CryptoCurrency.
In 2016, something gave me a feeling to buy 1 Bitcoin from a local bitcoins website that matched me with a Russian smart young dude in my city that sold it to me for around $600, it was the strangest feeling buying something that he sent me digitally for that high of cash. And then, something else told me to shapeshift that near whole Bitcoin into 600,000 Ripple XRP as I was on the Shapeshift website which didn't need registration at that time. But I sadly didn't listen to it, but instead bought 80,000 XRP and the shocker is that the news of it getting on Coinbase skyrocketed it to $4 an XRP and I would've had 4 million dollars, but I instead got out with around $70k as it started dropping out.
LOA was trying to make a millionaire and I didn't listen to it LOL, but hopefully it will give me a big juicy lottery win.
LOA didn't end with just giving me huge Cryptocurrency gains, it also gave me a $50k lottery win, and also gave me another $25k lottery win and now it keeps on giving me $500 in a border state game from next door state, that game is called "All or Nothing". My state stopped that game sadly, but the border state has it and the border state is rich with lottery revenue so they have a lot of good games.
From all my Lottery wins, I found out there is 1 persistent thing that makes me believe LOA is very real and it is tied to higher self and also Psychic self. It is that the win always arrives spontaneously when I Have not played for a long time or a while, like for example I haven't played for 1 month or weeks, and then I get a random idea to go play it or some good feeling is pulling me towards it, and I suspect it is the LOA so I go play and guess what? BAM it hits me with a $500 or $25k win. Also the LOA is very powerful when multiple people are involved. Like my friend and I and my other friend split hat $25k prize but it was me who paid for it as it was my turn to buy it since we take turns buying it but we still go together and split it 3 way. The $50k was all by myself, and I won that under some mysterious circumstances. I suddenly found myself tired one evening as I decided to go out to drive Uber out of boredom, and this was strange because I had plenty of sleep the previous night, and also drank well and eat healthy and I am still young. So I just decided to head to my sisters house and on my way to sisters house, I recalled that her kids love gum and soda so I decided to go buy those at the store but I also noticed a guy in front of me buy 2 scratch off tickets of a game, so I decided to buy 1 of the same game he did and I scanned it in the store after scratching off bar code and it told me to see lottery office.
I normally just scratch off barcode area just to get to the point and see if I won or not. But this was my first time playing lottery in a while and that became a winner. And surprisingly my energy levels and alertness returned to normal. I believe it was LOA and higher self guiding me to it.
Right now it is about the 5th time that I won All or Nothings $500 prize and each time I play, it is something tugging me to go play it and I win $500, so for example there wasn't a time in the last 5 wins that I played it and did not win it. That gas station workers in that state know me as the guy who wins the $500 because they see my win it all the time. So this is telling me the LOA or Higher Self is guiding me to it. I also noticed in one of these 5 wins, that I left my sisters house and was heading up i35E and was approaching i494 and West takes me to my house while i494 East takes me to that border state that has that game. And I felt something with some excited energy telling me to take i494 East and go play that game, and I did even though I clearly just wanted to go home, I did take the East exit and bought the game and thank God my home was still on the way taking i494 North up. Got home and this game draws daily and I find out I won $500, heck Google images even indexed these wins of mine when I posted them in the Lottery sub after taking photos of them.
But what surprises me is that the LOA keeps giving me the $500 win which is just 1 number away from the $100k and I really desire the $100k and still have not won it. So now I just let go again totally and completely stopped playing the game.
I discovered that to get the LOA to work, one has to absolutely accept the reality that one will not get what he/she desires, just completely accept it and let go. And in the most least expected time, the win will come and find you. Or whatever you desired will come and find you. I believe the higher self or subconscious starts putting together a series of events that appear coincidence, but are actually not coincidence, these events ultimately lead you to the win. This was your higher self guiding you all this time, but some people want to believe it is coincidence or whatever else you call that thing.
Another example of my LOA working is that it gave my Ex-Fiance bad luck. She did various wrong things to me and said bad things to me and she is in another country, I did a lot for her and went there after I left Morocco and her father and mother liked me, and I wanted to return to finish marriage for her, but my passport was expiring in 6 months and I lost $1800 in Plane ticket because of the fact that the airliner would not let me board since rule is that people can't fly out international if passport is expiring in 6 months or less.
Her dying uncle also wanted to see our ceremony and wedding, but there was also the fact that we never finished the initial Shiekh Halal part, and I bought her a Gold necklace when her father and I and her were together at the Jewelry store in that country, but this Gold necklace was for the gift of what they call Mehr and this is valid for her only if she finishes the processes with me and we become husband and wife and I assumed all would fall in smoothly and we would finish it, but her fighting became excessive and she blamed me for my passport that expired and the fact that her dying Uncle never got to see wedding as I never went there to finish everything even though I scrambled to do everything I can.
But guess what? back to the part about how the LOA harmed her, now keep in mind that I don't want my power that I can't control to harm people, I want the good for humanity and forgive the wrongdoings of people and I forgave her, but just as I messaged her to tell her that if she still has that Gold Necklace, it may bring her harm because she never finished process with me and that she fought me too much when I wanted to better her. She said she had to sell it because it did indeed bring her bad luck, she didn't tell me exactly what bad luck, but I believe her. As long as she sold it and got rid of it I am happy even if she didn't mail it to me, because hopefully at least she won't get affected by my Higher Self which has been known to balance me and others if I wronged people or if they wronged me. It goes both ways, my own higher self can bring me bad luck or other people can bring me bad luck or harm if I wrong them. So the Universe does balance people https://imgur.com/a/8psTSq3
Ever notice that people who are angry often keep having more negativity and bad luck attracted to themselves? they can never get what they want because they never let go and let their higher self handle it. For example I often see at the Gas station I buy the lottery tickets from that there is always crumbled up tickets or scratchers that people leave on the counter that is right next to the scanner that scans the tickets, but there is a garbage can nearby. So this tells me that person got angry or frustrated and that is not how you win, to win you have to let go and let the higher self guide you to the win in the most unexpected of time. Also the not throwing away the losing slips part and letting the workers pick up doesn't help in the person actually getting guided to the win is what I believe because it is a wrong act to just purposely leave losing slips or scratchers there for another person to throw away for you.
submitted by xerxes7777 to lawofattraction [link] [comments]

First Time Buyer Beware – Coinbase Loses Your Money!

I need to confess that this isn't my first time buying crypto from Coinbase, however, it is the first time I have a hiccup with them... and to say it ruins sleep is the understatement of 2020.
Imagine your worst airline experience, now imagine that x10. That's how it feels when you are trying to track down lost funds... especially when Coinbase support can't even explain clearly where your money is. All while the BTC price are still moving...
I transferred fiat to my Coinbase account last Friday and had a wierd feeling about this one, so after a few business days, decided to get in touch with support. 4 tickets later as well a Twitter DM and a Reddit post, I finally heard back.
----
First email... "... Having investigated the issue, I am working with a specialist to address it properly. We will follow-up with you as soon as we have an update."
Second email... "Our records indicate that your transfers were sent from a bank account that is already associated with a different Coinbase account. Coinbase allows for a bank account to be linked and verified to only one Coinbase profile at a time. As a result, your transfer could not be completed and was returned to the originating account."
-----
This confused me because I don't actually remember ever using that bank on another account... and I definitely did not ever create a second account. Also did the support person say that my money was sent back to my bank... or applied to this mysterious other Coinbase account??? IDK.
Out of fear that my account/identity had somehow been compromised, I decided to call their phone support. I mean that's what they say its for right? And you'd think you could get someone on the phone... wrong.
After a few automated questions, I ended up blocking my account and needed to reverify identity. Not a problem. Better safe than sorry right. But after completing identity verification I was prompted with something along the lines of "you need to wait. This could take up to 1-3 business days". All while the BTC price keeps moving. F#ck sake.
Then this morning I woke up to another email saying that my case had been escalated. And that I might need to wait 3- 5 business days. Meanwhile the BTC price keeps moving. F#ck sake.
So here we are and after dealing with support a number of times and my position hasn't improved. The opposite in fact. Because (1) I don't know where my transfers are exactly. (2) I don't know how to move fiat onto my account given that my bank is attached to a mysterious other account I have no control of and (3) I'm now completely blocked out of my account until further notice. Pain.
The morale of this story. Don't buy your first bitcoin on Coinbase. They'll lose your money and when you need support, it'll fall on death ears while you miss your buying windows.
Thanks Coinbase.
submitted by AgileExistence to CoinBase [link] [comments]

How to succesfully Invest and Basics

This was written for a different group /stocks it got deleted so hopefully this time it works !
Disclaimer
I dont want to sell you or recommend anything ! Just my expierence and little help so enjoy. If you want to ask me anything feel free, I try so answer everything.

This article is meant to be a small guide that helps you to find your way. Its based on my experience and knowledge, I gained throughout the years. Iam by far no professional. Iam just a guy who loves to invest. If you are new and have few grands to invest this article might help you.
My motivation to write this article was because when I turned 20 I got a small loan of 1 milli.... just few grands from my parents plus the savings I made from working. For me it was clear that I want to invest them. I always liked the idea making money and not really working for it! (Spoiler its kinda true and kinda not)
So I sum up few steps which will helped me to orientate and maybe help you to make your first investement
Step one 1. Where I can Invest?! You can basicly invest in everything. They are infinite options but I just cover up few topics.
They are 5 investments I would like to adress.
  1. Stocks.
    1. Real estate
    2. Options
    3. Start-ups
    4. Krypto n+1. art, old cars, drugs?! (Don’t do or sell drugs pls!)
Stocks (my fav.) I love stocks. I love understanding what the company’s plans are and where they are heading.
They are 3 different types of investment strategies.
  1. Short term (daily) That’s usually daily trading. That means you invest and sell on a daily basis. If your not a expert it can frustrating and the chances that you will lose is high. Many people forget that you have to pay taxes and fees so even if you for example invest 1.000 and sell for 1.050 within 20 min. You will have to pay some fees and taxes and with luck, you are where you started. It only makes sense when you invest a lot, otherwise it makes no sense and to be honest I don’t know any person which makes profit with it.
Difficulty: Hard
Stress Lvl: High
Risk: Medium/High
Profit: Usualy bad
Investement: Medium
  1. Mid term (6month – 1 year+) You buy some stocks for a longer period of time and hope it will go up soon.
This investment is much easier and less risky than short term. You see a stock going up and up so you invest 5k and hope you can ride a little on this upwards trend. Its fairly easy but you have to keep an eye on the market. A good example is VW it dropped because it has some Image problems. Thats a chance to invest! It will most likely to recover because its the biggest automarker in the world and it did. It happend 1000 times and normaly big companies dont fail they are exception but without risk you dont get anywhere
Difficulty: Medium
Stress: Medium
Risk: Medium
Profit: Good
Investment: Low
  1. Long term ( 1-2years – 10 years+) Means you want to invest for a long time you are not only interested in making a quick buck but making a slow and steady progress. You are not interested if the stock goes up or down but you are more interested how much divendend they pay. Usualy they go up very slowly but steady. A good example for this type of stock is Royal Dutch (shell) it has ist up and downs but compared to other stocks ist stable. The dividend is 6% which is insanly good no other big company will pay you that every year. You invest 10.000€ and get every year 600€ which means a holiday for free. Also the work is very little, you only have to check the stocks every few weeks/month You wont get rich but its better than having it in the bank.
Difficulty: Easy
Stress: Low
Risk: Low
Profit: Low
Investment: Low-Medium
Before you invest check the company read the news and get a good overview. I have to admit Iam a fanboy at heart. When a stock of one of my fav. company’s has potential and it does make sense to invest it feels like buying tickets for my favorite Rockband. You support and cheer them on and if they grow you grow with them. BUUUUUUT don’t get my wrong never buy stocks just because you like the company or they have a cool name.
All in all Stocks are a great Investment!
Real Estate
If you want to invest in houses it’s a very save and profitable investment but it depends on your area and country you are coming from. In Germany most objects are overpriced right now so it wouldnt make any sense to buy some. In generell the more money you have the better. They will will be much more people who can afford an cheap flat/condo than the other way around. So expensive objects are better! The optimum is always a shitty apartment in a very good area. Also buying objects in bad areas cause lots of trouble with tenant. Crazy families who refuse to pay, messy people etc. this can end in a stressful situation so beware of that.
If you are already rich af than buy propreties
Example
I went once to an auction and most apartments are sold for double the estimated value. It would take ages (20+ years) to get your investment back. So beware of your market situation.
Difficulty: Easy
Stress: Usualy low/medium
Risk: Low
Profit: Medium
Investment: High
Options
Options are basicly betting that a stock with go up or down. You can bet on nearly everything. You can make lot of money very quick and lose everything even quicker. For me option trading is gambling with few extra steps. The difference is you can lose more than you invest. They are cases where people invest 1000€ and lose -120.000€ because suddelny the market changed.
If you have gambling problems and tendency to gamble this is absolutly not for you. You can see here (in the forum) lots of bad examples where people going full YOLO on something and lose a ton of money. They save up a little, invest in something even more risky and lose again.
I know a friend who makes good money from it but he has a clear head and read many books about this topic he uses software to analyse the situation and everything and he admits that sometimes he doesnt understand what happend. Of course options are not the devils tool but I like to be the voice against it. The truth is in the middle.
Iam a person who likes to understand what am I doing. After reading and learning about it, for more than a year I was more confused than before. It is probably because Iam to stupid for it, so I gave it up and moved on. Options are not for me
Difficulty: very hard (at least for me)
Stress: high
Risk: low - very risky
Profit: It can be everything
Investment: low
  1. Start-ups
Start-ups are also a great business opportunity. I was lucky enough to invest once a little bit into a upcoming company from my firend. He showed me his company and the plans for the future. I already helped him with few shows and stuff so I knew how everything worked.
The biggest bullshit I ever saw are the analyse prediction of the future sales. During the last few years I saw few of them and they all predicted that the company will make an absurd amount of money. It looked like high cool project all shiny and with big numbers. To be honest I dont even know who pay these people to make such bullshit predictions, seriously.
(as you can see I love talking from my life so forgive me my dear)
Long story short I still invested because I understood their model. They existed and already made great progress. I made 50% profit in 3 years. I am still very happy and greatful to had such good chance to invest and would do it again.
They biggest question is how do I find such chances ?
Tell people you are intersted to invest maybe a friend of you will start an company and you can invest or help you to find such a opprtunity. I went to many start up meetings and talk about a lot with my friends. They dont want to hear it but I tell them anyway and if there is a chance they will call me.
Few Tipps:
- Look for already existing companys
- Most companys give you a very good inside look before you invest! If not watch out they hide something.
- Try to understand what they are doing and where they are heading
- Look what the will offer you for your money!
Difficulty: Medium/hard
Stress: Medium/low
Risk: Medium/High
Profit: Good/Very good
Investment: From Low to high
  1. Krypto
Boy oh boy where to start. I heard to many experts saying yeah krypto thats future boyyyyyy I invested everything BOYYYYYYY and in few month I will be rich BOIIIIII. I heard this story so often that Iam allgeric to it now. This irregulated mess based purly on speculations wasnt anything form me. I didnt invest a cent into it and had lots of chances when bitcoin was 300-500 €. It didnt simply fit into my portfolio. It had no function for me. You could pay for your drugs in the deep web and some hipster pizzerias accepted it but in generell it had no function. So investing into kryptos is just speclutions it has no real fundation what I like.
My friends who invested early made a ton of money but all the people on the Hypetrain crashed.
Difficulty: I dont know
Stress: Depends how much storys you make about it on Instagra´m
Risk: Over 9000
Profit: It can be everything from super high to low in just few days
Investment: What ever you want, if this is still to expensive for you, make your own coin and hope some Idiot buys it!
Now you know my knowledge ehh more like my opionen on few things now its time for……. Step. 2. Get a rough overview
Back than I didn’t know where to start so I asked everybody for advice like parents, friends , my parents friends, banks, forums, news etc. and got very different results.
Friends and family can be a good source of information how they did it. Of course often investments are impossible to repeat because they are 20 years ago but they can give some good advice. Its nice to hear few cool stories.
Example
Royal Dutch shell hast wo different stocks. One based in england (B) one Dutch version (A) (explained very simple, not 100% accurate). If you purchase Royal Dutch (A) you have to pay a 15% withholding tax that you wouldnt when you buy Royal Dutch (B).
Banks
Banks are terrible to ask. I always had shitty experience. The lured me into meetings, only to sell some shitty investment models from which they make some good money of me or some stupid insurence. They are not interested in your loses or profits they are interested to sell you the next stupid investement from which the make money. They never keep their promises and if you loose they will cheer you up and show their new hot investement and so on and so on until you loose and they drop you.
My mom works kind of in the finance sector and you wont believe home money older people lost ton of money because of this. I also found few very shady investements opportunities who would be illegal but I wont get into detail cause I dont have 100% proof for it and I also dont want to get in any trouble. As you can see Iam not big fan oft them and do not recommend!
News/charts/indexes/Forums
For me charts & news works the best. It’s easily so see what’s going on and gives you a great overview. The chart showed that a stock dropped 5%?! Good! Read the news/forums and find out what is going on! It’s that easy you don’t need 15 monitors and crazy software to understand what is happening. Dont make it to complicated! Have an easy overview about the market which you would like to invest.
Example
My parents invested around a year ago alot in Tesla. It was before Model 3 was released. Tesla had no expierence in mass production and it was clear (at least to me) that they wont have an easy start. They still made no profit and it was the first step to play with the big boys. Back than the Tesla stock was way over 300€ and it was based a lot on speculation and hype. It couldnt live up to they hype and dropped ≈ 30% - 35%.
  1. Few points & strategies
No Emotions
Never ever let your emotions guide you. Stocks are not based on a stomach feeling or any other emotion. Dont invest just because you like Elon Musk or Apple or anything. If I have a the chance to invest into one because the timing is right. Always make sure you know what you are doing. When it can wait a day, sleep a night about it and be sober! You can get sucked up into this world you will start giving a shit if you lose one grand and start digging deeper and deeper and lose sense the value of it. Stay sober and now when you have to stop.
Making losses
It will happend and dont freak out !
They are two options how to handle it and it depends on few things.
  1. Sell them, you see the ship is sinking and their no possibility you can save it than sell it, It hurts but better early than it is to late. Or you find a better possibility to invest for example a start up than its also fine.
  2. Keep it! Turning a Short/Mid-term investement into a long-term investement. Check first if the company will recover from it. For example the VW stocks dropped a lot due it scandal few years ago but it was clear that they will not go bankrupt so after a while they recover from it. Technically the market will grow infinite so after every crash they reach new heights, if you can wait that long the chances are high that you will make some profit and do not lose any money. Maybe the profit will be small but better than losing everything.
Diversity
Dont put all your eggs in one basket but also dont but every egg in a different basket. Have a good mix that you can still have an overview about your investment. Dont depend on one investment something bad can always happend. Having a good mix is important some investments will go up and few will go down. Its rearly that everything will crash (expect crises). So you can sell the good one and keep the bad ones until they go up.
Scams
Online
Stick to the basics! They are a ton of scammers online who want to show you a way to make fast money. Its mostly some MLM (multi level markting) aka Pryamide sheme, some buying and reselling some stuff from China or some weird option trading platform where pay in and your money is gone in 5 min without any trace o fit (no chance getting it back)! The Instagram advertisment is so ridiculous and I feel stupid mentioning it but hey if it wouldnt work they wouldnt exist. So please dont be this guy….
Offline
I really wanted to invest and have an own start-up. I met many people and visited countless seminars. Few of them offered me to invest but it was a mostly a mess. Onced I got fooled. A friend and I meet a person who had a start up for social media. We had some meetings restaurant he paid everything for us and looked very legit. I worked 3-4 month in this start up 3-4 hours a day, even on weekends for free. Only later to find out I was the only one working in it. (My friend pulled out very early cause he wanted to focus on his PhD) They rest oft he Team did absolute nothing! All the money the company generated was based on my work. They didnt make a lot of money but around 600-800€ a month. The founder spend all the money on vacation and stuff. I never got anything. They wanted to sell me 10% of the company for 15.000€. I always said I need more inside infos, which of course I never got. So I pulled out and they went mad and threaten me to sue me. I feel to this day ashamed that I trusted them and didnt saw it.
If you want get into something like this make a contract dont rely on handshakes people will tell you everything and wont keep it. I learned it the hard way
Be open minded
I met enough people who dont want to share with me their portfolio because they are scared that I will steal something from them. Its stupid! Talk to as many people als possible about your investment. Some amazing things can happend. I meet to many great people because of that and with some I share a 5+ years long friendship maybe we dont share the same ideas but I leanred a lot of it and sometimes I made some profit because of it! Be open !
Prediction & graphic lines
When I did my first Investment (it was gold) I read every morning every article about it I could for at least a solid year. Every monring 20 min Thats rouhly 120 hours. Thats time I will never get back. It was wasted time. The news/articels predicted everything. It was a rollercoaster. I believed it in the beginning because it was new to me. It really messed me up and I spend way to much time overthinking. Its fine to see a prediction but the more extreme it is the more it will never happend.
Also the trendlines are mostly worthless. I read so many people talking about the 50 day trendline or the 200 day trendline. It only idicates if a stock goes up or down but people interepte everything into it. “Oh yeah you can see the restience at 12.50 if it will drop below everbody will sell“. The next day it dropped and nothing happend. Dont believe everything in the internet. (lol)
Keep it simple
Dont make it to complicated you can have the best infos and charts and everything in the world and still lose everything. So dont make it to hard for yourself.
THE MOST IMPORTANT ADVICE
No depts
Dont take a credit just because you know a great investment. No matter how much you could earn DO NOT TAKE A CREDIT. This can not only ruin you financily but also your family and your whole life. This is no joke! Make no depts.
DO NOT MAKE FUCKING DEBTS!
My Strategy
It is a mixture of long term and mid-term stock investments. Its very easy I invested in:
Before I buy some
- Royal Dutch because of the high dividend
- Deutsche Bank when the hit nearly a all time low hoping to recover (still hoping ☹ )
- Lufthansa because they bought few airlines and hopefully will grow but its not (thanks Greta !)
- Tesla because they are low and made some good deals for the future. (update, sold it and made 30-35% in 6 weeks)
Am I rich or making a lot of money?! Hell no! But Iam making enough to pay for my holidays and few extras. I am patient enough to sit out bad times. I never sold anything with loose and I want to keep it that way. I like having a clean record.
Thanks for reading and feel free to ask my everything.
submitted by Ostblocktricker to howto [link] [comments]

Develop games and loyalty systems. They are the real deal!

@egordeev: “I gather that many are mistaken in thinking that the Internet of Money necessarily implies digitized national money used to pay for everything and everywhere. The same ideas were taking hold in the ’90s when everyone expected all content to be professional and to copy newspapers, compact disks, and other off-line containers.
In reality, the Internet of Money represents relationship systems established by the communities—e.g., in-game coins and loyalty points. Without such kinds of money, efficient growth becomes merely impossible as every system itself programs the corresponding terms of use. Think of it: you do not spend U.S. dollars within World of Warcraft, nor do airlines deposit pure cash to your account (hint: even in case they do, you lose up to 90% of all opportunities; my effective cashback through points reaches 5% from all purchases).
That is why what I am betting on today is not the swap of U.S. dollars or Indian rupees to the blockchain, which will ultimately lead to fierce resistance on the part of governments (cases of Libra and TON), but the development of private money in projects. The more efficient the systems, the faster the national money will be digitized as there simply will be no other option left. People transition from cash to cards, from cards to Apple/Android Pay, from contactless payments to QR codes, and so on.
In-game coins and loyalty points are a ‘Trojan horse’ strategy blockchains can adopt. The gaming industry rakes in the largest revenues among the broader entertainment market, superseding all others combined. Loyalty is what every business needs, and as we all know, marketing costs per returning customer are ten times lower. In both cases, thanks to blockchain, the following model is perfectly implemented: one can be assured that millions of people will receive their funds and be later able to use them inside the system or transfer them to their friends. Maximum security, highest uptime possible, protection from balance tampering, extremely low infrastructure costs. Both coins and points have already become part of contemporary IT systems, so you will not have to persuade anyone on the benefits of the transition to decentralized ledgers, and even more so, to digitize anything.
Now, let us take a look from a regulatory perspective. Watchdog agencies are indifferent to where you store user coins and points—be it MySQL or Minter blockchain—their main concern is whether you pay corporate taxes. Just like with the common digital assets that have been in use for a few decades now.
I am confident that the years 2020 and 2021 will first give a head start to these two directions as demand for solutions is colossal—all users want to entertain themselves, and all users want to benefit from taking part in the systems. Consider the idea that loyalty gamification is one of the most efficient formats of audience engagement and retention (raise your coefficients as you level up), and vice versa: special loyalty programs for players (invite your friends) allow businesses to get products similar in functionality yet diverse in terms of potential use cases and applications.
There is no need to exaggerate and try to give everyone in the world a Bitcoin so as to create a single free market of money. What is needed, though, is attending to seizable problems facing projects and businesses. By solving them, we will acquire grateful users; those who will stop running from crypto like the plague and thinking of it as ‘something out of thin air.’ Once they can buy WoW armor or flight tickets, no one will care about how it is called—people will only want it to continue to work just as cool.”
submitted by elgold to Minter [link] [comments]

I’m 23 y/o, make $80k, live in the Bay Area and work in Sales

Hi all! Apologies in advance for any formatting problems and that this is submitted a bit late-- it’s been a hectic morning in the office.
Section 1: Assets & Debts
401k: on track to max it out for my second year-- fluctuates but around $25k
Checkings account: I maintain about 20k in my checkings account. I have about $500 in cryptocurrency (Bitcoin and Ethereum) that I’m just going to leave in there.
Savings account: I don’t have a savings account and my rationale is that I prefer to stay liquid at the moment. I think there’s always been a deep financial insecurity instilled within me and this cushion is pretty extra but makes me feel safe.
Credit card debt: N/A, I always try and pay my cards off asap
Student loan debt: N/A, I was able to get a few scholarships in college and used a lot of my internship money towards housing. I’ve also been lucky enough for my parents to help cover a majority of my expenses. They’re really great.
Section 2: Income
Monthly take home Income: 3,741.62/month
Section 3: Expenses
Rent: 1340 (split with two other roommates)
Utilities: typically ~60
Wifi: typically ~25 (I don’t know why it’s fluctuating but I guess I’m not really counting dollars over here on something I use excessively. My roommate handles this while I pay utilities)
Retirememt: I max out my 401k, so $18,500 annually.
Cell phone: I'm on my parents' family plan
Health insurance: I'm on my parents' plan. Work offers free health insurance, but it’s easier to reach the family deductible minimum this way.
Therapy: $190 This is two sessions per month. This is pretty helpful, but I may consider looking for someone in our network so I don’t have to be paying purely out of pocket.
Gym: 29.99
Netflix: 0 I am the mooch, but tbh I don’t use it often.
Domain hosting: 6
Groupon Select: 4.99 I’ve been recently into flotation therapy and buying the Select gives me an additional 20% off on everything and ended up saving me more money. I love Groupon and will also occasionally impulse purchase shit there, so having this flat discount all the time has been totally worth it to me.
Savings: It’s all in the checkings account, but essentially everything I don’t spend I consider my savings. I also maintain a monthly “everything else goes” budget of $750/month. Sometimes I’m a bit over budget, sometimes I’m a bit under. It generally balances out and keeps me in check.
Monday
7:15 - My mornings take about 30 minutes to get ready. My routine consists of Elta MD sunscreen, Anastasia brow wiz, Makeup Forever eyeliner, Heroine Kiss mascara, and IT Cosmetics Bye Bye Redness concealer. (shoutout mua) I'm out the door and walk to the Caltrain station to take the 7:59 train to Mountain View. I have quite a long commute, but it's not that bad when I consider I can spend the time on the train to myself. It's a nice way to start the morning and sometimes I get some more time to sleep.
9:15 - At work! I work in Sales, so most of my job consists of writing emails, finding new contacts, and talking to clients. Before I went into sales, I would have never guessed that for most of the day the job itself is quiet-- just the sound of incessant typing.
12:30 - Work is great and feeds us. I pick up breakfast typically on my way in, and head down to grab lunch usually around this time.
X - I'm writing this entry in retrospect and don't recall much of my day at work. They're usually a blur. A couple of us are being promoted in title to the next step and at the moment it's a transitory time for us to build up our own book of business.
5:30 - I leave the office and commute back to the city.
7 - I'm home and cook some food. I pretty much just spend the evening reading and relaxing. Once in a while I'll get pretty intent on studying everything on a subject-- today it was about bdsm. I had been visiting this place with the guy I'm seeing (R) and I think after a couple trips, it makes sense for me to now to at least read up on the terminology and discussion on it. I spend most of the evening reading. I think this has been my biggest gripe coming out of school-- that my learning feels slower and I don't have as much depth into subjects as well as I did while in school. I miss it and I think these random evening binges help fill that gap.
X - I remember at some point that I bought a decorative plate for my kokedama plant (Japanese moss ball plants-- look them up!). I water it and put it on the plate. It looks super cute on the plate. I've reached my peak of interior design capabilities.
10 - I text R before bed. I think we're in a good place and I'm happy. I fall asleep around 11.
Daily Total: 0
Tuesday
7 - I wake up feeling like a lot is happening. My roommate is moving out -- I'm refiguring out how to pay rent and get a new subletter onboard and also find time to have dinner with the girl heading back to Malaysia. I haven't done laundry in a while -- sheets, clothes. I'm out of the country on Saturday -- packing, getting other shit in order while I'm gone. The volunteering programs I'm in are kinda happening in the background. Work is picking up -- I'm moving into a new role. I am reconnecting with a ton of friends but also making a conscious effort to pace myself. I am trying to get into setting up my personal site for random art projects I've done in the past and set me up to put content out on the internet. I want to start organizing events. I shoot off a few texts to get this all rolling and feel better.
11: - The sales reps have a weird conversation with our manager. He's not transparent and can be weird on certain topics. We're all concerned that this isn't a 'real promotion', especially since salary hasn't been discussed at all.
12:30 - We have a lunch sync just trying to figure out the situation together and how to approach it.
5: - I leave work and pick up a fruit tart from the kitchen before heading out. Their fruit tarts are hands down my favorite desserts, so that made my day. It's tasty and I feel healthy.
5:30 - My best friend calls while I commute back home. We chat and hang.
6:30 - I stop by Safeway after work to stock up on groceries. I spend a good 5 minutes standing in front of the pressed juice and kombucha and weird health shots aisle wondering what it is I need to change my life. Everything is overpriced and I end up buying a box of cornbread and some food instead. ($21)
7: - On my way home, I hit up my apartment laundromat to load my card up but realize I left my laundry card in my room. Oh well. I stop by the lil communal library and grab 3 books that seem interesting instead.
8: - I'm home and eat some cornbread while reading. I cook something quickly and eat while browsing Ulta. There is a new incoming pimple on my face and I'm upset. This is my birthday week and I got both my period and period-induced pimples.
10: 0 I end up finishing a skim of the first book and place my Ulta order. Text a couple friends before falling asleep around 12.
Daily Total: 21
Wednesday
8: - A groggy morning spent on the train. I usually read Money Diaries during this time.
9: - Head in, to be barraged by my fav coworker on Slack. She's working at a different office this week and has a good amount of tea and updates. We chat and I clean up my email while doing some work.
12:30 - Get lunch outside with a couple coworkers. It's so nice out and we're located right by a lil park.
1: - Get a lot of work done. I've set myself up with 4 meetings for once I'm back on holiday and I'm pretty hyped to close some business.
4: - I've hit a bit of a wall and feel like an animal pacing my cage as I tab in between my email, Reddit, my work, my spreadsheets, and my money diary. The office feels empty already.
5:30: - Leave the office to get to the train.
6:45: - I'm back home! One of my roommates is out of the country and subletting her apartment in the meanwhile. The current subletter is moving out soon, so I'm helping my original roommate show the place to potential subletters. I'm supposed to call a girl around 7, so text her a heads up beforehand seeing if she was still able to call. Calling out of the blue always feels invasive so I like to check first. She leaves me on read. Ahhh. I waste some time on the internet waiting around for her for a bit.
7:30: - The prospective subletter I was supposed to call to show the apartment was MIA so ??. The second call about this volunteering program I'm intending on joining was also MIA?? It’s not a great day for calls and it always feels like progress outside of work is slow.
8: - I cook a really bad meal and eat it while watching The Bachelorette season premiere. I'll pass on the drama and stuff with the rest of the season, but the intros of these dudes are really funny. Guys get surprisingly catty and I love it.
9: - I hit the gym. It's a good deadlift day! I usually lose a couple lbs off during period week, but was actually able to maintain weight this time around.
10: - Msg R about different animes and mangas and get a couple recommendations. I head to bed shortly after.
Daily Total: 0
Thursday
9: - Breakfast was hella tasty.
10: - Team meeting. Quite uneventful.
11:30: - I'm setting myself up well for next quarter and I'm feeling good right now. There are new snacks in the office... but everyone has nabbed the almond butter cups. Finding and trying the new almond butter cups becomes my personal mission for the rest of the day and I make sure to check each time I pass through the microkitchen.
1: - Have a client call that goes well. The gal is sweet and we manage to connect.
4: - Finally cop a dark chocolate almond butter cup. And ramen.
5: - I head out early to catch the train back to the city. There is an art exhibit in Oakland I've been meaning to stop by and there's a talk at the exhibit during afterhours today about art cabals. Lowkey want to start one and host community-oriented art events for the heck of it, so I feel like this will be a good first stop. I buy my ticket on the train. (8)
5:30: - People watching the different stops of the train is always fun. There was an older woman who had the prettiest gray hair. I think that when I'm older I'm going to embrace the gray or at least dye it a consistent gray since that'd be a look. I nap on the train shortly after.
6:30: - I stop by Whole Foods to get a bit of food before heading over to BART to get to the art gallery talk (8). I refill my BART card with some money on my way (34). There's nothing llke a freshly loaded BART card. (42)
7: - Get to the art gallery! I check out the different installations they've done, talk to a lady who runs her own society (I honestly regret not asking her more about it), and chat with a locally famous Vine author in the Bay Area who I recognized after seeing him in a documentary during the SF Film Fest. They were selling books on the art cabal that the artist of the exhibit started, so I purchase one. I think I was the only person under 30 in the audience. I had hoped to find similar minded people who are in the urban exploration/weird event scene in present day, but I still enjoyed it. (32)
9: - Back on the BART and start heading home.
9:30: - My friend calls becuase I texted him earlier since I was having a mild panic attack. Happens.
10: - I like the new book I got!! It was so worth it!! Read a bit before showering and heading to bed.
Daily Total: 74
Friday
7: - It's my bday! 23! (yeah, I'm the baby at the office) I was never a birthday person because growing up, birthdays weren't particularly celebrated or special, but today feels special.
9: - One of my close coworker gals comes in a bit later and brings in a cake for my birthday! It's a beautiful cake and that has to be one of the nicest things anyone has done for me?
12: - The day goes by super fast. I clean out a couple email tasks and get some housekeeping and administrative tasks out of the way.
2: - We cut and eat the cake! It's really fucking delicious and I'm so grateful. It's a good fun time with people wishing me a happy birthday and chatting about my plans for Austria (mostly them discovering I don't have any clear ones since I'm largely tagging along with my parents). My main goals while there would be to do some shopping, visit the Naschmarkt, see the Spanish Riding school, eat cake at a cafe, attend an opera, and get time to chat with my parents.
3: - My managers are pretty much done with the day so part of the sales team heads out to a bar on the main street. I get a couple IPAs and feel pretty toasty shooting the shit with everyone else. The bill is expensed.
4:30: - I head out early and spend my time on the train calling. My friend calls to wish me a happy birthday and my parents call later as well. I make my way downtown to the restaurant I booked a reservation at.
6: - The place has a multi-course menu that rotates in what they serve on a daily basis. I get a beer, a tomato soup, salmon main, and a really really nice blueberry tarte. I was super full and content at this point though not necessarily sure if I wanted to go out or how to continue the rest of the night. The day was already amazing. (60)
7:30: - I'm back at my apartment and generally cleaning up and drink a cider while I wait for R to stop by. I'm still unsure what I want to do-- get more drinks? arcade bar? I had been experiencing a solid buzz since 3 and my decision making capabilities were out of the picture.
8: - He got me a really cute, relevant gift, and some chocolate from a chocolatier that we were at in one of our earlier hangouts. It was super thoughtful considering he probably had to spend a good hour to cross the city just to get to these spots and pick out these things. It's been a special day all day so I pop open a bottle of really good moscato I got from a Napa trip. We drink and hang and talk in my apartment for way too long as usual and he doesn't head back home until 4.
Daily Total: 60
Saturday
7: - I am up at 7... and realize my flight is at 9:10. FUCK. There is a mad scramble to throw a bunch of shit into my bag. I get an Uber that will guarantee me getting to the airport as fast as possible. This poor dude had to deal with me massively panicking. (30)
9: - Check-in was super confusing since it was a chartered airline, but serviced by United? Regardless, I somehow make it to my terminal with 15 minutes to spare. At this point, I was experiencing a mild hangover, starving, running on 2 hours of sleep, and was completely dehydrated. Running through SFO was physically exhausting and I felt like keeling over. In this moment of weakness, I overpay for a croissant sandwich and a Naked smoothie. I think it was worth it because I could physically feel my hitpoints replenishing while sitting on the ground of my gate in awful condition. (18)
11: - I completely crash on the plane right through takeoff and landing. The woman next to me was a bit concerned and when I woke up when we were in LA, she made a point of letting me know we've arrived. Bless her heart.
12: LAX has a Pret which I've really missed from my time in London. I buy a chipotle chicken wrap and eat it while waiting for my turn to board. It's so toasty and so good and sets me up with just enough carbs to fall asleep again when we board. (10)
12:30: I get a great window seat and crash.
X: - (Time is always funky to me when I'm up in the air considering the weird timezones/crossing timezones. Timestamps are kinda arbitrary at this point out) I sleep a solid 8 hours on my flight throughout the whole thing and woke up briefly to eat cheesecake and chicken from the airplane meal. I was able to also squeeze in two movies -- watching 8 Mile (that last rap battle had me hella pumped up) and The Apple of My Eye (I end up bawling throughout the movie to the confusion of the guy sitting next to me).
Daily Total: 58
Sunday
X: - I land in Vienna with no issue! Honestly it's a miracle. I get a taxi to an address my parents text me-- apparently the apartment we're staying in for the first 3 days is quite hard to find and the ice cream shop address was easier to find. Vienna is a gorgeous city and it's so much warmer than the breezy fake summer San Francisco gets. (28)
1 pm their time: - My dad meets me here! We head up to the apartment where I find my mom! It's so great to see them and we catch up while I change into shorts and a t-shirt. Opening up my luggage was hilarious-- everything looked like it was thrown in last minute but I realized even while slightly delirious and in panicmode, I was able to bring everything I needed. We decide to wander around the city and explore for a bit. We're in the heart of Vienna-- District 1 and walking through the streets has us seeing a ton of gorgeous architecture and shops. We find a place to eat. The place we chose is super touristy, but fun. I loved the apple streudel. It's totally different from the ones we have out here. My parents pay.
4 pm their time: - It's got to be at least 90 degrees out and we are jetlagged. I haven't experienced true hot weather like this in over a year and my parents are weak. We don't get very far walking and end up heading back to the apartment and crash.
X: - My mom wants to take a nap and my dad decides to rest too. I hang out on the couch reading a web serial before falling asleep myself.
8 pm their time: - We all agree that we feel much much better. They are working with 6 hours of timezone difference while I'm dealing with 9 hours. Today was a good day to just rest, see each other, eat and take in the city. It's late at this point and we're hungry again and decide to grab some more food at a cafe down the street. They pay.
9: We wander around the city and stop by the Vienna State Operahouse. They have Othello at the opera today, and although we missed the timeframe to get tickets, they happen to have a large screen outside the operahouse showing the show. There's quite a crowd outside, sitting on benches and on the ground watching Othello. We join in and I get to see the last 30 mins of the opera. So much talent and such a voice even from a recording played to the outdoors.
11: - Back to the apartment and we chat and hang out. We all get ready for bed again. I browse random internet things before falling asleep myself as well.
Daily Total: 28
Expenses Summary: 0
Food & Drink: 117
Fun & Entertainment: 40
Home & Health: 0
Clothes & Beauty: 0
Transport: 92
Other: 0
Total: 249
Reflection:
This isn’t the most typical week since I had a few birthday splurges and overspent on an urgent Uber ride (BART would have been ~$6). As a whole, I’ve been lucky enough that food expenses are on the lower end since work covers my breakfast and lunch, but I’m still a bit surprised by how quickly food costs add up. I also don’t keep track of the cents on my spending since a lot of my tracking is manual, but I do round up and down in a pretty 50/50 manner.
Other thoughts: I think my savings are relatively reasonable-- I have been on track to have a 50% (+/- 2%) pre-tax savings rate. I don’t know what I’m saving towards. Retirement? To start a business? A year long cross-world sabbatical? That’s something I’ll need to flesh out, but it’s sorta a combination of all of those. I also realize my life is kind of chaotic. I do a lot and they’re all in different directions and I often wonder if it’d make more sense to streamline things so I can have better focus. In writing this, I do feel like not having a Savings account is kind of strange.
I had fun with this! Thanks for reading! I hope you guys had a glimpse into my life! And of course, I’d love any feedback on any part.
submitted by hush-hush to MoneyDiariesACTIVE [link] [comments]

Why Governments Can Never Stop Crypto

Why Governments Can Never Stop Crypto
Trouble is, these crypto skeptics ignore the actual, on-the-ground consequences of such “bans” and how easily they can backfire.
Let’s take a quick round-the-world tour, and I’ll show you exactly what I mean. And yes, we can start in Beijing.
Back in 2017, the Chinese authorities didn’t pussyfoot around. They went straight for the jugular — the cryptocurrency exchanges.
That made sense, or so they thought. Exchanges are formal companies that need to be compliant with the regulatory framework of the countries where they operate.
But here’s the big all-important factoid that Beijing seems to have missed: For a population to adopt cryptocurrencies, they don’t need exchanges.
https://preview.redd.it/286kb3e063x31.jpg?width=496&format=pjpg&auto=webp&s=1c0d94b90b9d8bab7d22f18f88d265d5e05e6a36
Are exchanges convenient? Yes.
A dire necessity? No
In fact, as I’ll explain in a moment, they are just one of the ways you can exchange your government-sponsored fiat money into cryptocurrency.
Then, once you’ve completed that initial trade, you’re up in crypto-space. You can teleport your money anywhere you want. Your transactions are almost entirely outside the regulatory reach of any country on Earth.
This doesn’t mean cryptocurrencies live in a Martian No Man’s Land. They do follow a set of bylaws. The difference is, they’re not the edicts or directives by any central authority. Instead …
The only rules that apply to a public distributed ledger are the rules of consensus that exist within its network. Nothing else.
In the parlance of the U.S. Securities and Exchange Commission or Commodity Futures Trading Commission, you might say that cryptocurrency networks are intensely rigorous — but amorphous — self-regulatory organizations.
So, what was the net effect of the so-called “China ban” on cryptocurrencies?
Beijing was unable to outlaw the possession of crypto assets; it’s almost impossible to even track down who owns what where.
They understood this. So, they didn’t even try.
Reason: By their very design, cryptocurrency networks are anonymous.
Or, they’re at least pseudonymous. In other words, although each account and the amount held is public information, it’s not possible to directly tie the ownership of these accounts to any one individual.
Meanwhile, despite the “ban,” China has turned bullish on blockchain.
Last week, President Xi Jinping declared that China must “seize the opportunity” created by blockchain, and that it will play “an important role in the next round of technological innovation and industrial transformation.” And this week, China’s Communist Party is taking a series of steps to follow through.
It underscores the reality that Chinese citizens are still very active trading crypto assets, despite the fact that the “ban” has been in force for over two years.
This is not to say that banning exchanges has no effect whatsoever. Though said effect is limited. If established exchanges are not available, people simply move to specialized social media sites and similar applications.
Consider websites like LocalBitcoins.com, a peer-to-peer trading marketplace, for example.
These sites provide a framework to ...
  • Agree on terms and ...
  • Reduce the risk that either side will run off with the money.
In areas where cryptocurrency trading is officially “banned,” these kinds of platforms merely transform into de-facto over-the-counter (OTC) exchanges.
To put it simply:
So far, the only significant effect of crypto bans has been to drive some traders to OTC (over-the-counter) trading platforms.
And it’s not just China. Similar crypto bans in countries like Venezuela and Zimbabwe have accomplished little beyond making these platforms that much more popular.
Can governments shut down these as well? That would very difficult.
The parties meet anywhere — at a café, outside a bank, on a park bench. They agree to the terms. The fiat portion of the trade is carried out. And once the buyer has transferred the fiat via bank transfer (or even in cash), the seller releases the crypto.
Plus, for additional safety, both the fiat and the crypto can be locked in an escrow account under a smart contract.

Where crypto trading is literally on the street

Does it work? Absolutely! I know because I’ve personally done these over-the-counter trades.
My experience isn’t from a place where crypto is banned, but rather with a government that’s on the brink of default.
As the authorities struggle to make ends meet and keep the lights on, they resort to draconian measures.
That takes us to the next stop on our tour: Argentina, where the government has imposed a whopping 33% tax on international transactions.
Think about that. It means that every time you want to use the banking system to get your money out of the country, the government takes nearly a one-third cut.
Maybe you want to make an online purchase of an airline ticket from a foreign carrier.
Or perhaps you just want to buy the latest smartphone not yet offered in local stores.
It doesn’t matter. If the money leaves Argentina, you pay the tax.
Or, consider the plight of businesspeople …
My father, for example, does business with companies based in Argentina. Whenever he brings the money home, the one-third tax is the equivalent of a massive confiscation.
All with practically zero hope it will end anytime soon!
For him, the only chance to get his money out of the country is to get some Bitcoin.
So to give him a hand, I went to Argentina to see how hard it would be to locate someone trading pesos for Bitcoin. As it turned out, not only did I find individuals, but I also found local dealers.
“If you want to buy Bitcoin,” said one, “you pay us 15% over market. If you want to sell, we pay you at least 10% over market.”
I did even better than the 10%. Bitcoin was selling for about USD 6,000 at the time, and I got between USD 6,800 and USD 7,000. The people I dealt with told me they’d buy as much crypto as I could lay my hands on.
The crypto dealers’ business model makes a lot of sense, and it’s in big demand.
They have high-net-worth clients looking to get their money out of the country. In big amounts and FAST.
So, the dealers keep a healthy stash of cryptocurrency on hand, offering their customers the ability to get their money out of the country while bypassing the banking system. Instead of paying the government’s outrageous 33% tax, the customers are glad to pay the dealer his 15%.
This a big change from the capital-control powers governments used to have just a few years ago!
Back then, when countries imposed capital controls, they could ban black-market dealers and throw them in jail.
Businesspeople would dress like hippies, stuff their backpacks with currency and try walking across the border. But border agents caught them frequently, and the controls were often effective.
Not now! Not in the crypto age!
The flight to Bitcoin in Argentina is the same thing that’s happening in nearly every country that has tried to impose currency controls.
Argentina’s national currency is down 50% against the greenback just in the past year. And now, the same folks who helped cause the crisis have just been voted back into office.
So, no matter what governments do or don’t do, you can see why crypto assets like Bitcoin are the only chance citizens in these countries have to protect their wealth.
At the end of the day, what do governments accomplish with bans or draconian controls?
They help to increase awareness of cryptocurrencies. They’re making crypto more popular.
submitted by dwoinik to u/dwoinik [link] [comments]

A letter from the future about Bitcoin.

Well gee, this blew up.
Bitcoin should not be treated as an investment, it should be recognized as a speculative negative-sum game. The Bitcoin system currently consumes an estimated 3.6 billion dollar worth of electricity on an annualized basis, just to update the ledger that contains a record of everyone's transactions. This enormous consumption of electricity is indirectly paid for by people who invest their savings in Bitcoin, as a consequence, money is continually "leaking" from the system.
As a Bitcoin investor, you're paying for Chinese businesses to waste electricity by solving an abstract math problem that is designed to get continually more difficult. Besides ensuring that many people lose vast sums of money while a small minority of early adapters is enriched, Bitcoin causes tremendous ecological damage in an era when we should be focusing as a society on reducing our carbon emissions.
The Bitcoin developers responsible for updating the protocol appear to have no genuine intention to introduce code changes that reduce the ecological damage caused by Bitcoin mining, so my suggestion has to be to sell your Bitcoins, which indirectly has the effect of reducing the ecological damage caused by Bitcoin mining.
Theft and loss of coins are also enormous problems affecting Bitcoin, so although it is theoretically possible to store your coins in a safe manner, history has shown that a lot of people will simply lose their coins, further illustrating why Bitcoin is not a good investment option.
The other cryptocurrencies share most of Bitcoin's flaws (resource waste, no protection against theft or loss, vulnerable to market manipulation, etc), but most importantly, what sets cryptocurrencies apart from proper investments is that these coins don't produce anything. If you invest in a company, that company can use the money to deliver more products. If you buy, silver, gold, bitcoin or beanie babies, you're hoping someone else will come along one day and pay more money for it. History has shown that people who invest money in the stock market will generally end up witnessing much higher returns than people who buy gold.
With that said, I hope this story has entertained you and helped you recognize some of the problems our society would face if we ever witnessed widespread adaption of Bitcoin or similar digital currencies.
I am sending this message from the year 2025. Things are looking bleak here, and some of you will carry blood on your hands.
If you don't believe me, please move on, as I have no way of proving to you I'm really who I claim to be.
I don't want to waste any of your time, so I'm merely going to explain what happened.
On average, every year so far, the value of Bitcoin has increased by about a factor ten. From 0.1 dollar in 2010, to 1 dollar in 2011, to 10 dollar in 2012, to 100 dollar in 2013. From now on, there's a slight slowdown, as the value increased by a factor ten every two years, to 1,000 dollar in 2015, to 10,000 in 2017, 100,000 in 2019, and 1,000,000 in 2021. From here onwards, there's no good way of expressing its value in dollars, as the dollar is no longer used, nor is any central bank issued currency for that matter. There are two main forms of wealth in today's world. Land and cryptocurrency.
There are just over 19 million Bitcoin known to be used in the world today, as well as a few hundred thousand that were permanently lost, and we're still dealing with a population of just over 7 billion people today. On average, this means the average person owns just under 0.003 bitcoin. However, due to the unequal distribution of wealth in my world, the mean person owns just 0.001 bitcoin. That's right, most of you reading this today are rich. I personally live next to an annoying young man who logged into his old Reddit account two years ago and discovered that he received a tip of 0.01 Bitcoin back in 2013 for calling someone a "faggot" when he was a 16 year old boy. Upon making this discovery he bought an airline ticket, left his house without telling anyone anything and went to a Citadel.
"What is a Citadel?" you might wonder. Well, by the time Bitcoin became worth 1,000 dollar, services began to emerge for the "Bitcoin rich" to protect themselves as well as their wealth. It started with expensive safes, then began to include bodyguards, and today, "earlies" (our term for early adapters), as well as those rich whose wealth survived the "transition" live in isolated gated cities called Citadels, where most work is automated. Most such Citadels are born out of the fortification used to protect places where Bitcoin mining machines are located. The company known as ASICminer to you is known to me as a city where Mr. Friedman rules as a king.
In my world, soon to be your world, most governments no longer exist, as Bitcoin transactions are done anonymously and thus most governments can enforce no taxation on their citizens. Most of the success of Bitcoin is due to the fact that Bitcoin turned out to be an effective method to hide your wealth from the government. Whereas people entering "rogue states" like Luxemberg, Monaco and Liechtenstein were followed by unmanned drones to ensure that governments know who is hiding wealth, no such option was available to stop people from hiding their money in Bitcoin.
Governments tried to stay relevant in my society by buying Bitcoin, which just made the problem worse, by increasing the value of Bitcoin. Governments did so in secret of course, but my generation's "Snowdens" are in fact greedy government employees who transferred Bitcoin to their own private account, and escaped to anarchic places where no questions are asked as long as you can cough up some money.
The four institutions with the largest still accessible Bitcoin balance are believed to be as following:
-ASICminer - 50,000 Bitcoin
-The IMF's "currency stabilization fund" - 70,000 Bitcoin
-Government of Saudi Arabia - 110,000 Bitcoin
-The North Korean government - 180,000 Bitcoin
Economic growth today is about -2% per year. Why is this? If you own more than 0.01 Bitcoin, chances are you don't do anything with your money. There is no inflation, and thus no incentive to invest your money. Just like the medieval ages had no significant economic growth, as wealth was measured in gold, our society has no economic growth either, as people know their 0.01 Bitcoin will be enough to last them a lifetime. The fact that there are still new Bitcoin released is what prevents our world from collapse so far it seems, but people fear that the decline in inflation that will occur during the next block halving may further wreck our economy.
What happened to the Winklevoss twins? The Winklevoss twins were among the first to die. After seeing the enormous damage done to the fabric of society, terrorist movements emerged that sought to hunt down and murder anyone known to have a large balance of Bitcoin, or believed to be responsible in any way for the development of cryptocurrency. Ironically, these terrorist movements use Bitcoin to anonymously fund their operations.
Most people who own any significant amount of Bitcoin no longer speak to their families and lost their friends, because they had to change their identities. There have been also been a few suicides of people who could not handle the guilt after seeing what happened to the bag-holders, the type of skeptical people who continued to believe it would eventually collapse, even after hearing the rumors of governments buying Bitcoin. Many people were taken hostage, and thus, it is suspected that 25% percent of "Bitcoin rich" actually physically tortured someone to get him to spill his password.
Why didn't we abandon Bitcoin, and move to another system? Well, we tried of course. We tried to step over to an inflationary cryptocurrency, but nobody with an IQ above 70 was willing to step up first and volunteer. After all, why would you voluntarily invest a lot of your money into a currency where you know your wealth will continually decline? The thing that made Bitcoin so dangerous to society was also what made it so successful. Bitcoin allows us to give into our greed.
In Africa, surveys show that an estimated 70% of people believe that Bitcoin was invented by the devil himself. There's a reason for this. It's a very sensitive issue that today is generally referred to as "the tragedy". The African Union had ambitious plans to help its citizens be ready to step over to Bitcoin. Governments gave their own citizens cell phones for free, tied to their government ID, and thus government sought to integrate Bitcoin into their economy. All went well, until "the tragedy" that is. A criminal organization, believed to be located in Russia, exploited a hardware fault in the government issued cell phones. It's believed that the entire continent of Africa lost an estimated 60% of its wealth in a period of 48 hours. What followed was a period of chaos and civil war, until the Saudi Arabian and North Korean governments, two of the world's major superpowers due to their authoritarian political system's unique ability to adapt to the "Bitcoin challenge", divided most African land between themselves and were praised as heroes by the local African population for it.
You might wonder, what is our plan now? It's clear that the current situation can not be sustained, without ending in a nuclear holocaust. I am part of an underground network, who seek to launch a coordinated attack against the very infrastructure of the Internet itself. We have at our disposal about 20 nuclear submarines, which we will use to cut all underwater cables between different continents. After this has been successfully achieved, we will launch a simultaneous nuclear pulse attack on every densely population area of the world. We believe that the resulting chaos will allow the world's population to rise up in revolt, and destroy as many computers out there as possible, until we reach the point where Bitcoin loses any relevance.
Of course, this outcome will likely lead to billions of deaths. This is a price we are forced to pay, to avoid the eternal enslavement of humanity to a tiny elite.
This is also the reason we contacted you.
It doesn't have to be like this. You do not have to share our fate. I don't know how, but you must find a way to destroy this godforsaken project in its infancy. I know this is a difficult thing to ask of you. You believed you were helping the world by eliminating the central banking cartel that governs your economies.
However, I have seen where it ends.
More: https://www.youtube.com/watch?v=SgrUEHe7CZY&t=3s
submitted by chapikla to u/chapikla [link] [comments]

Travel Company Allows Customers to Book Flights With Bitcoin

Travel Company Allows Customers to Book Flights With Bitcoin

https://preview.redd.it/hlxdgs3oply31.png?width=683&format=png&auto=webp&s=08e0c5e3d1aa0c96ca1f0b3eba347fc8f337a5e5
Alternative Airlines, a travel company based in the United Kingdom, has partnered with cryptocurrency service Utrust to facilitate payments with crypto.
On Nov. 13, the Swiss-based digital payments processor Utrust announced a new partnership with its first merchant in the travel industry, Alternative Airlines. The two companies plan to provide customers with the ability to book flights while paying with cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Dash, DigiByte (DGB) and Utrust’s native token UTK.
Search over 650 airlines and pay with crypto
The collaboration between the two companies will introduce instant cross border transactions, buyer protection, and crypto-to-cash settlements to the clients of Alternative Airlines. The travel firm’s website allows customers to search from over 650 airlines such as Delta, United, British Airways, Virgin and Emirates, among others.
In August, it was reported that Portuguese sports club SL Benfica had partnered with Utrust to facilitate payments via cryptocurrency for tickets and merchandise. The new payment option will allow fans and customers to buy tickets and any products on the club’s website with Utrust’s native token (UTK), and with top cryptocurrencies Bitcoin and ether.
Bitcoin ATM installed at Miami International airport
For those who wish to fly from the Miami International Airport and pay for their tickets with BTC, Bitcoin ATM firm Bitstop just installed one of its machines at the airport in mid-October. The airport’s first Bitcoin ATM was last reported to be in concourse G, next to gate 16.
Bitstop co-founder and chief strategy officer Doug Carrillo pointed out that more and more people prefer to travel with Bitcoin instead of cash for convenience and security.
submitted by SilkChain to SilkNews [link] [comments]

Travel Company Allows Customers to Book Flights With Bitcoin

Travel Company Allows Customers to Book Flights With Bitcoin

https://preview.redd.it/4rvweesinly31.png?width=683&format=png&auto=webp&s=c83580beb6a0e797609aa85876db5d2909def48d
Alternative Airlines, a travel company based in the United Kingdom, has partnered with cryptocurrency service Utrust to facilitate payments with crypto.
On Nov. 13, the Swiss-based digital payments processor Utrust announced a new partnership with its first merchant in the travel industry, Alternative Airlines. The two companies plan to provide customers with the ability to book flights while paying with cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Dash, DigiByte (DGB) and Utrust’s native token UTK.
Search over 650 airlines and pay with crypto
The collaboration between the two companies will introduce instant cross border transactions, buyer protection, and crypto-to-cash settlements to the clients of Alternative Airlines. The travel firm’s website allows customers to search from over 650 airlines such as Delta, United, British Airways, Virgin and Emirates, among others.
In August, it was reported that Portuguese sports club SL Benfica had partnered with Utrust to facilitate payments via cryptocurrency for tickets and merchandise. The new payment option will allow fans and customers to buy tickets and any products on the club’s website with Utrust’s native token (UTK), and with top cryptocurrencies Bitcoin and ether.
Bitcoin ATM installed at Miami International airport
For those who wish to fly from the Miami International Airport and pay for their tickets with BTC, Bitcoin ATM firm Bitstop just installed one of its machines at the airport in mid-October. The airport’s first Bitcoin ATM was last reported to be in concourse G, next to gate 16.
Bitstop co-founder and chief strategy officer Doug Carrillo pointed out that more and more people prefer to travel with Bitcoin instead of cash for convenience and security.
submitted by SilkChain to u/SilkChain [link] [comments]

Apps Updated for iPhone X Resolution

Just wanted to start a place where we can accumulate all of the known Apps that have been updated for the new iPhone X resolution. I don't know how well it will work, but my goal is to keep this main post updated with the Apps provided in the comments. I was validating each of them, but due to the number and struggle to keep up, I’m just taking new submissions for what they are (name and all). Help others by listing the full app name found in the App Store.
 
Here's the current alphabetized list:
submitted by 8842imj to apple [link] [comments]

Bitcoin payments: from pizza to space

Bitcoin payments: from pizza to space

https://preview.redd.it/1tbabcqp1bq31.jpg?width=1080&format=pjpg&auto=webp&s=a03409b947fb9fbd7c628a8f93e6c7b9354f0bbf
A few years ago, bitcoin enthusiasts kept their money, not really spending it. They didn’t have much to pay for. But now everything has changed. Now with the help of coins you can not only pay for purchases, but also buy real estate and cars.
Thanks to multinational corporations such as Microsoft and Wikipedia, which began to accept bitcoin as payment. Many retailers, travel companies, real estate agencies, restaurants, cafes and other institutions have begun to accept bitcoins as payment today. To use coins even more, sellers are already using systems that allow cryptocurrencies to be used for a short time. For example, Starbucks is already using the American startup Flexa, which helps the company accept cryptocurrency payments.
Burger King Corporation also began to accept bitcoin as a means of payment for its dishes. There are cafe networks that also use Bitcoin to pay for their services. In England, there are tens of thousands of restaurants that deliver meals to your home and accept bitcoins and other coins as payments. Both
German companies and South Korean firms that also use electronic money work in the same paradigm.
Now, in addition to payments for food and goods, you can travel to space for cryptocurrency. Now, Richard Branson's company accepts bitcoins so that the traveler can then go into space.
In some online stores in the US, Bitcoins also began to be accepted as a means of payment for jewelry. Expensive things, diamonds also began to buy for bitcoins.
If you have bitcoins, then you can travel. There are booking services for airline tickets and hotels for this. There are networks of hundreds of merchants that use bitcoins and other leading coins in order to make payments and pay for purchases. Analysts believe that it will be possible to pay for almost everything with the help of bitcoins very soon. Many trading giants use cryptocurrencies for their own purposes.
Competition in this area will only increase, so an increasing number of companies will begin to use bitcoin in order to expand their customer base and consolidate their position in the market.
submitted by iTradeBit to bitcoin_crypto [link] [comments]

ARCHIVE: I Am A Time Traveler From The Future, Here To Beg You To Stop What You Are Doing

the original post was just deleted a few minutes ago. (it was deleted around 7:45pm EST on March 8, 2019)

Wanted to be sure the original text was still visible. I copied / pasted this from the Internet Wayback Machine. Snapshot pasted below is from 9/11/2018: https://web.archive.org/web/20180911055950/https://www.reddit.com/Bitcoin/comments/1lfobc/i_am_a_timetraveler_from_the_future_here_to_beg/

Original Post from u/Luka_Magnotta

I am a time-traveler from the future, here to beg you to stop what you are doing.

I am sending this message from the year 2025. Things are looking bleak here, and some of you will carry blood on your hands.
If you don't believe me, please move on, as I have no way of proving to you I'm really who I claim to be.
I don't want to waste any of your time, so I'm merely going to explain what happened.
On average, every year so far, the value of Bitcoin has increased by about a factor ten. From 0.1 dollar in 2010, to 1 dollar in 2011, to 10 dollar in 2012, to 100 dollar in 2013. From now on, there's a slight slowdown, as the value increased by a factor ten every two years, to 1,000 dollar in 2015, to 10,000 in 2017, 100,000 in 2019, and 1,000,000 in 2021. From here onwards, there's no good way of expressing its value in dollars, as the dollar is no longer used, nor is any central bank issued currency for that matter. There are two main forms of wealth in today's world. Land and cryptocurrency.
There are just over 19 million Bitcoin known to be used in the world today, as well as a few hundred thousand that were permanently lost, and we're still dealing with a population of just over 7 billion people today. On average, this means the average person owns just under 0.003 bitcoin. However, due to the unequal distribution of wealth in my world, the mean person owns just 0.001 bitcoin. That's right, most of you reading this today are rich. I personally live next to an annoying young man who logged into his old Reddit account two years ago and discovered that he received a tip of 0.01 Bitcoin back in 2013 for calling someone a "faggot" when he was a 16 year old boy. Upon making this discovery he bought an airline ticket, left his house without telling anyone anything and went to a Citadel.
"What is a Citadel?" you might wonder. Well, by the time Bitcoin became worth 1,000 dollar, services began to emerge for the "Bitcoin rich" to protect themselves as well as their wealth. It started with expensive safes, then began to include bodyguards, and today, "earlies" (our term for early adapters), as well as those rich whose wealth survived the "transition" live in isolated gated cities called Citadels, where most work is automated. Most such Citadels are born out of the fortification used to protect places where Bitcoin mining machines are located. The company known as ASICminer to you is known to me as a city where Mr. Friedman rules as a king.
In my world, soon to be your world, most governments no longer exist, as Bitcoin transactions are done anonymously and thus most governments can enforce no taxation on their citizens. Most of the success of Bitcoin is due to the fact that Bitcoin turned out to be an effective method to hide your wealth from the government. Whereas people entering "rogue states" like Luxemberg, Monaco and Liechtenstein were followed by unmanned drones to ensure that governments know who is hiding wealth, no such option was available to stop people from hiding their money in Bitcoin.
Governments tried to stay relevant in my society by buying Bitcoin, which just made the problem worse, by increasing the value of Bitcoin. Governments did so in secret of course, but my generation's "Snowdens" are in fact greedy government employees who transferred Bitcoin to their own private account, and escaped to anarchic places where no questions are asked as long as you can cough up some money.
The four institutions with the largest still accessible Bitcoin balance are believed to be as following:
-ASICminer - 50,000 Bitcoin
-The IMF's "currency stabilization fund" - 70,000 Bitcoin
-Government of Saudi Arabia - 110,000 Bitcoin
-The North Korean government - 180,000 Bitcoin
Economic growth today is about -2% per year. Why is this? If you own more than 0.01 Bitcoin, chances are you don't do anything with your money. There is no inflation, and thus no incentive to invest your money. Just like the medieval ages had no significant economic growth, as wealth was measured in gold, our society has no economic growth either, as people know their 0.01 Bitcoin will be enough to last them a lifetime. The fact that there are still new Bitcoin released is what prevents our world from collapse so far it seems, but people fear that the decline in inflation that will occur during the next block halving may further wreck our economy.
What happened to the Winklevoss twins? The Winklevoss twins were among the first to die. After seeing the enormous damage done to the fabric of society, terrorist movements emerged that sought to hunt down and murder anyone known to have a large balance of Bitcoin, or believed to be responsible in any way for the development of cryptocurrency. Ironically, these terrorist movements use Bitcoin to anonymously fund their operations.
Most people who own any significant amount of Bitcoin no longer speak to their families and lost their friends, because they had to change their identities. There have been also been a few suicides of people who could not handle the guilt after seeing what happened to the bag-holders, the type of skeptical people who continued to believe it would eventually collapse, even after hearing the rumors of governments buying Bitcoin. Many people were taken hostage, and thus, it is suspected that 25% percent of "Bitcoin rich" actually physically tortured someone to get him to spill his password.
Why didn't we abandon Bitcoin, and move to another system? Well, we tried of course. We tried to step over to an inflationary cryptocurrency, but nobody with an IQ above 70 was willing to step up first and volunteer. After all, why would you voluntarily invest a lot of your money into a currency where you know your wealth will continually decline? The thing that made Bitcoin so dangerous to society was also what made it so successful. Bitcoin allows us to give into our greed.
In Africa, surveys show that an estimated 70% of people believe that Bitcoin was invented by the devil himself. There's a reason for this. It's a very sensitive issue that today is generally referred to as "the tragedy". The African Union had ambitious plans to help its citizens be ready to step over to Bitcoin. Governments gave their own citizens cell phones for free, tied to their government ID, and thus government sought to integrate Bitcoin into their economy. All went well, until "the tragedy" that is. A criminal organization, believed to be located in Russia, exploited a hardware fault in the government issued cell phones. It's believed that the entire continent of Africa lost an estimated 60% of its wealth in a period of 48 hours. What followed was a period of chaos and civil war, until the Saudi Arabian and North Korean governments, two of the world's major superpowers due to their authoritarian political system's unique ability to adapt to the "Bitcoin challenge", divided most African land between themselves and were praised as heroes by the local African population for it.
You might wonder, what is our plan now? It's clear that the current situation can not be sustained, without ending in a nuclear holocaust. I am part of an underground network, who seek to launch a coordinated attack against the very infrastructure of the Internet itself. We have at our disposal about 20 nuclear submarines, which we will use to cut all underwater cables between different continents. After this has been successfully achieved, we will launch a simultaneous nuclear pulse attack on every densely population area of the world. We believe that the resulting chaos will allow the world's population to rise up in revolt, and destroy as many computers out there as possible, until we reach the point where Bitcoin loses any relevance.
Of course, this outcome will likely lead to billions of deaths. This is a price we are forced to pay, to avoid the eternal enslavement of humanity to a tiny elite.
This is also the reason we contacted you.
It doesn't have to be like this. You do not have to share our fate. I don't know how, but you must find a way to destroy this godforsaken project in its infancy. I know this is a difficult thing to ask of you. You believed you were helping the world by eliminating the central banking cartel that governs your economies.
However, I have seen where it ends.
submitted by Kinolva to Bitcoin [link] [comments]

Revealed: How Bitcoin Is Taking Flight With Norwegian Air

Revealed: How Bitcoin Is Taking Flight With Norwegian Air
https://preview.redd.it/okjuh1koc4g31.png?width=794&format=png&auto=webp&s=90dd625a022c79143fd1f8905676184e209efee5
Article by Forbes: Martin Rivers
When Norwegian Air Shuttle launched budget flights to America in 2013, it forced the airline industry to look again at a market segment dismissed by many pundits as commercially fanciful: low-cost long-haul flying.
Six years on, it’s hard to say whether the gamble has paid off. The airline’s balance sheet is weaker than when it only served short-haul markets. Early competitors like WOW Air and Primera Air have collapsed. Yet Norwegian’s Boeing 787 Dreamliners still criss-cross the Atlantic daily – holding their own against a new breed of low-cost long-haul services run by Europe’s legacy carriers.
The decision by Norwegian’s founder, Bjørn Kjos, to relinquish financial and managerial control of the company has meanwhile put a younger generation of executives – including his son, Lars Ola Kjos – in charge of strategic planning.
And their opening gambit appears no less ambitious or transformative than the elder Kjos’s foray into long-haul operations.
A world away from the business of flight, Norwegian has invested in a cryptocurrency exchange, Norwegian Block Exchange (NBX), which is due to open its virtual doors next month. NBX will make cryptocurrency the most attractive payment channel for Norwegian’s flights – offering discounted fares and blockchain-encoded perks in a bid to hasten what management see as the inevitable decline of the old-world banking system.
More immediately, the airline believes this shift to digital currencies will cut costs and release it from the stranglehold of financial middlemen.
“Now that we have made the exchange, we see that it could be the heart of a complete new ecosystem,” Stig Aleksander Kjos-Mathisen, NBX’s managing director and the son-in-law of Bjørn Kjos, told me in an interview at Norwegian’s headquarters in Oslo.
NBX will launch as a standalone marketplace in September, enabling users to exchange fiat currencies (initially NOK, followed by SEK, DKK, EUR and USD) for digital ones (initially Bitcoin, Ethereum and US Dollar Coin, a USD-pegged stablecoin). Its creation might not have been necessary if a reputable trading platform already existed in Scandinavia, Kjos-Mathisen said, but by building it from scratch the airline has gained “at least a left hand on the steering wheel” of its cryptocurrency future.
New financial horizons
“We can set the standards ourselves now,” he explained. “We can decide the threshold for security, for KYC [Know Your Customer identity checks].
“This positions Norwegian to … be a leader on the technology that is chosen [by the industry]. Also, by owning NBX, we can easily integrate [it with Norwegian’s sales channels] so that the transition between the fiat world and the virtual world is frictionless for us.”
By the fourth quarter of this year, merchant solution NBXPay will allow customers to buy flight tickets directly with cryptocurrency. Norwegian will either convert the funds to NOK instantly – minimizing its exposure to cryptocurrency volatility – or it will maintain a USDC balance sheet as working capital. Its stablecoin reserves could then be used for B2B transactions with suppliers that follow its lead into the sphere.
“We have discussed with partners if they are willing to look into accepting US Dollar Coin as a way to pay instead of using traditional settlements,” Kjos-Mathisen said, adding that “positive” responses have been received from several “big” suppliers.

Norwegian’s liquidity has been hampered by credit card acquirers.
Side-lining payment processing companies and financial clearing houses in this way has obvious advantages for Norwegian.
Airlines typically pay transaction fees of between 1.5% and 2.5% on bookings placed with a credit card. Intermediary acquiring banks then hold back a percentage of revenue to cover the risk of chargeback claims arising from insolvencies. In Norwegian’s case, the amount held back has risen steadily due to concerns about the airline’s financial health – forcing it to issue interest-paying bonds to cover the shortfall.
“Why should we wait for our revenues, and then have the credit card acquirers and the credit card companies make a lot of interest just sitting on that money,” asked Lasse Sandaker-Nielsen, Norwegian’s head of communications. “That’s why the airline is really interested in this: because it will give us the opportunity to get the liquidity immediately.”
Norwegian is not alone in developing blockchain solutions for the aviation industry.
Last month, Russia’s S7 Airlines processed more than $1 million worth of payments through a private blockchain being developed with Alfa-Bank. It said the technology speeds up transactions and removes the need for third-party guarantees. Ticketing facilitator ARC has invested in another blockchain, Blockskye, that promises to “increase efficiency, transparency and security” across the multi-party airfare distribution chain.
Looking beyond payment settlements, IATA, the airline industry’s main trade group, has identified numerous areas ripe for blockchain innovation. It said the technology’s core strength – immutable data records that provide a single source of trust – has far-reaching implications for tracking of baggage, cargo and spare parts, as well as passenger and crew identity verification.
Other sub-sectors such as aircraft financing and maintenance also stand to benefit from blockchain-powered predictive analytics.
Yet even as interest across the industry grows, the number of passengers actually willing or able to pay in cryptocurrency remains low. Less than one third of one per cent of the global population is currently believed to own bitcoin.
That makes incentivizing the payment channel a top priority for Norwegian and NBX.
“At some point, when the technology matures, you’ll be using [blockchain] and you won’t really notice that you’re using it,” Kjos-Mathisen said. “But right now, in the beginning, you will definitely be aware … So you need to incentivize people in the beginning. And then they will start using it because they see it’s convenient.”
Pay less with bitcoin
Passing on savings to customers who pay with cryptocurrency is the most obvious way of building traction. “You can sell the ticket for less and still earn more,” he insisted.
Smart contracts that enhance the travel experience will also be marketed heavily. Kjos-Mathisen cited AXA’s flight delay and cancelation insurance product Fizzy as one “very smooth” solution that can influence buying behavior. Fizzy cuts the time it takes to receive payouts by using a smart contract that plugs into global air traffic databases and automatically approves claims.

Bitcoin’s abstract nature is an obstacle to mainstream adoption.
“You put the equivalent of €5 from your wallet into the smart contract. The insurer, AXA in this case, puts in let’s say €40. And then it’s written [in code] that if the flight is cancelled, the €45 pot will go to you,” he explained. “When you land, you will have the funds in your wallet … The beauty of this is when you have tokens like US Dollar Coin on the Ethereum blockchain, you can actually get [payouts] denominated in dollars. That makes it graspable for most travelers.”
Norwegian may also offer people paying in cryptocurrency a higher earning rate for CashPoints, its frequent flyer program. The reward scheme is already being integrated with NBX through a ‘Trade and Fly’ promotion that refunds 10% of trading fees on the exchange to customers’ CashPoints accounts.
In all cases, the aim is to bridge the gap between Norwegian’s real-world flight network and NBX’s virtual-world financial services.
“NBX is going to be global, so one of the strategies is basically to follow in the footsteps of the airline,” Kjos-Mathisen concluded. “The airline is big in Europe – especially in Scandinavia – but it’s starting to become quite big also in the US. It has a presence in South America, and obviously Asia. So we will try to on-board customers wherever the airline is, because those are the ones that could be incentivized with CashPoints.”
While NBX will not be seeking a formal banking license, it also “definitely” plans to roll out interest-bearing wallets – tapping into the growing popularity of decentralized finance services that use smart contracts to issue crowdfunded loans.
What does 73-year-old Bjørn Kjos make of his airline’s leap into the cryptocurrency world?
submitted by GTE_IO to u/GTE_IO [link] [comments]

Flashback to Feb. 1995 ~ Prediction: Why The Internet Will Fail - Newsweek Article (Tech & Science)

Whenever I read another "Bitcoin is Dead" opinion article, I'm reminded of this little gem from many years ago...
I've highlighted some of my favorite tidbits that were written (lol) and I think it's a good example of how a lot of people fail to realize that technology can evolve over time. Just because a tech appears to be inefficient or esoteric in its early stages... doesn't mean it always will be.
    
~~~~~~~~~~~~
    
"The Web Will Not Be Nirvana"
Newsweek Opinion Piece
Written By CLIFFORD STOLL on February, 26th 1995.
After two decades online, I'm perplexed. It's not that I haven't had a gas of a good time on the Internet. I've met great people and even caught a hacker or two. But today, I'm uneasy about this most trendy and oversold community. Visionaries see a future of telecommuting workers, interactive libraries and multimedia classrooms. They speak of electronic town meetings and virtual communities. Commerce and business will shift from offices and malls to networks and modems. And the freedom of digital networks will make government more democratic.
Baloney.
Do our computer pundits lack all common sense? The truth is no online database will replace your daily newspaper, no CD-ROM can take the place of a competent teacher and no computer network will change the way government works.
Consider today's online world. The Usenet, a worldwide bulletin board, allows anyone to post messages across the nation. Your word gets out, leapfrogging editors and publishers. Every voice can be heard cheaply and instantly. The result? Every voice is heard. The cacophony more closely resembles citizens band radio, complete with handles, harassment, and anonymous threats. When most everyone shouts, few listen. How about electronic publishing? Try reading a book on disc. At best, it's an unpleasant chore: the myopic glow of a clunky computer replaces the friendly pages of a book. And you can't tote that laptop to the beach. Yet Nicholas Negroponte, director of the MIT Media Lab, predicts that we'll soon buy books & newspapers straight over the Internet. Uh, sure.
What the Internet hucksters won't tell you is that the Internet is one big ocean of unedited data, without any pretense of completeness. Lacking editors, reviewers or critics, the Internet has become a wasteland of unfiltered data. You don't know what to ignore and what's worth reading. Logged onto the World Wide Web, I hunt for the date of the Battle of Trafalgar. Hundreds of files show up, and it takes 15 minutes to unravel them—one's a biography written by an eighth grader, the second is a computer game that doesn't work and the third is an image of a London monument. None answers my question, and my search is periodically interrupted by messages like, "Too many connections, try again later."
Won't the Internet be useful in governing? Internet addicts clamor for government reports. But when Andy Spano ran for county executive in Westchester County, N.Y., he put every press release and position paper onto a bulletin board. In that affluent county, with plenty of computer companies, how many voters logged in? Fewer than 30. Not a good omen.
Point and click: Then there are those pushing computers into schools. We're told that multimedia will make schoolwork easy and fun. Students will happily learn from animated characters while taught by expertly tailored software. Who needs teachers when you've got computer-aided education? Bah. These expensive toys are difficult to use in classrooms and require extensive teacher training. Sure, kids love video games—but think of your own experience: can you recall even one educational filmstrip of decades past? I'll bet you remember the two or three great teachers who made a difference in your life.
Then there's cyber-business. We're promised instant catalog shopping—just point and click for great deals. We'll order airline tickets over the network, make restaurant reservations and negotiate sales contracts. Stores will become obsolete. So how come my local mall does more business in an afternoon than the entire Internet handles in a month? Even if there were a trustworthy way to send money over the Internet—which there isn't—the network is missing a most essential ingredient of capitalism: salespeople.
What's missing from this electronic wonderland? Human contact. Discount the fawning techno-burble about virtual communities. Computers and networks isolate us from one another. A network chat line is a limp substitute for meeting friends over coffee. No interactive multimedia display comes close to the excitement of a live concert. And who'd prefer cybersex to the real thing? While the Internet beckons brightly, seductively flashing an icon of knowledge-as-power, this nonplace lures us to surrender our time on earth. A poor substitute it is, this virtual reality where frustration is legion and where—in the holy names of Education and Progress—important aspects of human interactions are relentlessly devalued.
[Source: https://www.newsweek.com/clifford-stoll-why-web-wont-be-nirvana-185306 ]
😂
submitted by WolfOfFusion to Bitcoin [link] [comments]

Buying in China and selling in USA. The New American Dream | My Story

Hi entrepreneur I've followed this sub for quite a while, I enjoy the (rare) good posts, and I'd like to tell my story and hope you takeaway some useful knowledge. I was a 2009 college graduate, so I didn't even have a chance to join the workforce in any meaningful way. Entrepreneurship is just natural to me and I hope I can sustain it over a lifetime
My entrepreneur journey began selling football tickets during college at U of Florida. Imagine an 18-year old white kid standing next to the veteran scalpers and hawking tickets. It was the best experience I could imagine. I think of it as rejection therapy Learning to not be afraid of a 'no' is a very important part of being an entrepreneur. After college, I started buying and selling tickets online using TicketMaster and Stubhub. Selling tickets could be its own thread, it's such an interesting space. There are fortunes being made buying tickets to in-demand events online. It's just rather tedious (imagine entering 50,000 captcha phrases a year) Also, scalping tickets online doesn't provide 'value' to anyone. I read the domain parking thread today and it makes me proud to be making money by delivering value, not withholding it for profit.
I grew tired of tickets and decided to visit a friend in China. I stayed for 6 weeks and bought some watches to bring back for gifts. One watch was especially cool and people asked about it everywhere I went. I got back in touch with my friend in China (who was just teaching English at the time) and he traced it back to a supplier. I thought I needed an investopartner so I contacted the only rich guy I knew and he gave me $4,000 to be my 50/50 partner. I ordered 800 watches for $3 each, and paid some guy $3,000 to make me a website.
Lesson 1 DON'T SPEND MORE THAN $300 ON YOUR FIRST WEB PRESENCE
I scrapped that site in less than a month and built my own on Shopify. If you can operate your facebook page, you can setup a Shopify account, it's stupid easy. I set the price at $65.
Lesson 2 PRICE HIGH
It gives you so many advantages. Better customers, less returns, room for wholesale/distributors, and a higher perceived value. Anyway, I created a fun brand around this. We did fun photoshoots, ran contests in the community (facebook ads were really cheap back then), and we really gained some customers. In a stroke of good luck, I got in touch with a Groupon rep and they agreed to run a deal for my watches. I was one of the first products to run on Groupon. (Remember, Groupon was mainly for services like spas and meals at the time) This went well initially, and they slated me for a Black Friday national deal. They sold 7,000 of my 'deals' in 3 days. Turns out my supplier back in China was just a trade company, and he couldn't pull off a deal of my size on his 'credit' He almost completely screwed up the whole deal, and it was literally one of the lowest points of my life. In the end, I fulfilled about 70% of the orders successfully, and the other 30% basically told me I ruined their Christmas and got refunds. Funny thing was, Groupon still paid me out the entire amount even though there were almost 2,000 really upset customers (an omen that Groupon did not have their house in order and had their own crash coming) This company was called TIKKR by the way. The site is still up but I'm not really in business anymore. I might try to revive it someday. But I could see the writing on the wall. There were at least 50 companies I knew of that sold the exact same watch, including Walgreens which sold it without a brand name for $4.99. I dropped my price and got what I could out of it, but I needed a new idea. Also I had returns and warranties like mad and it cost me a ton of cash, the watches were just cheap...
I honestly don't remember how it came about, but I became aware of bamboo sunglasses being a thing. I was approached by my China friends to start something together. We were hanging out in Chicago that summer (2012 I think) which happened to be Groupon headquarters. I had a friend who worked there, and he got me access to their sales floor so I just kind of hung around and bothered people until I found the girl who sold fashion accessories.
Lesson 3 To get that big break, sometimes you just have to hang around until something happens to you. Not sure if that really qualifies as a legit 'lesson' but whatever.
I got her to agree to run us on a national scale. She told us to prepare 10,000 units for sale. I don't know how, but we got $180,000 together between 3 partners . The China guys, the Groupon insider, and me. (Actually I do know how, I used my TIKKR money with a big boost from Bank of Mom. Hi mom!) The China guys handled production, I handled branding, marketing, and everything else and the Groupon guy was the Groupon guy. I came up with Woodies (and I even bought Woodies.com for $4,000 from some Canadian dude who was selling hockey stick chairs) The idea came from the old Woodie station wagons where the frame was made from wood. I rented a few cars for the photoshoots I was obsessed with Ashley Sky at the time and I had the crazy idea to hire her for a photoshoot. I contacted her people and to my amazement, she was only like $600 for a day and she had 100k instagram followers! I figured we would make that money back with one post from her. The Groupon sale went live and we sold like 4,000 instead of 10,000.
Lesson 4 Be optimistic in general, but be realistic when it comes to forecasts.
I can't remember how many times I had a deal setup where I was like, yea I'm going to pay off all my student loans with this deal. It was usually mildly successful, but after all the bills were paid off, I wasn't as far ahead as I thought I would be. It reminds me of the Old Man and the Sea. You land this HUGE deal, but by the time you drag it to shore, a bunch of little things have brought it back to size. Overhead, customer service time, returns/warranties, new orders, customs fees, shipping really add up. So with that 'poor' sales showing, the China guys ran into their own cash-flow problems. Groupon guy and I were forced to buy them out basically. But we had a real business with real customers and we were rolling. We now had $140,000 capital base after paying off the China guys, not enough for a big order, so I noticed Kickstarter was really blowing up, and thought I could bridge our cash-flow with a blockbuster kickstarter campaign. This is where things get pretty interesting. I got it in my head I wanted to hire Kendall Jenner for this campaign. Somehow I tracked down her modeling agency and eventually her direct manager. They quoted me $100,000 for the day. I created a Pinterest board and sent it to her and asked if she would do it for $25,000 plus a bunch of incentives and they said YES! I was completely thrown off and not sure what to do. I ran some projections and thought that I could make up most of that money if we raised a lot of kickstarter money. I hired Ashley Sky, Damaris Aguiar, Kendall Jenner, Aygemang Clay, Lyall Aston photographed it, Sagette Van Embden videoed it, Lina Palacios styled it, Mary Guthrie was hair and makeup. It was a giant production. I couldn't believe it. I flew everyone out to Malibu, CA using Southwest Airlines buddy passes! Imagine Ashley Sky and Damaris Aguiar (so hot) standing at the Southwest ticket counter like wtf is standby? I'm over here sweating bullets hoping we don't get stuck in New Orleans and I look like a fraud. Actually I fought those type of feelings a lot during this period.
Lesson 5 Don't ever put yourself down.
Entrepreneurship is a crazy, improvisational dance. Sometimes I would look around at my competition and think they had it figured out, they were following a plan, they were 'professionals' and I was just doing my best to pretend. That's BS, we're ALL making it up as we go! Don't put this process on a pedestal, fake it til you make it! Anywho, I rent out a Malibu HQ using Airbnb and rented a van for the day. I still can't help but laughing when I remember this scene: I'm driving a large van with Kendall Jenner, Ashley Sky, Damaris Aguiar, and some bros, in the mountains of Malibu, I'm driving kind of fast around the curves because we're late for the call time I set for us. I'm wearing a captain's hat because that was my thing during that time. and Kendall's manager scolded me for taking the turns too fast. Fun times
Here is how the campaign turned out
So, I got Kendall to agree to Instagram/tweet/facebook the kickstarter campaign, but what I didn't realize is kickstarter is not mainstream and it just didn't convert. I raised like $30,000 in revenue against a cost of like $70,000. I can't say whether I would do it again given hindsight. It has led to great brand recognition because Kendall has kind of blew up and become a mega celebrity. AND her management let me write that contract so I have rights to those photos forever. One tweet by her got me close to 20,000 email subscribers which has been a stream of income ever since. (Shoutout Mailchimp!) *Monkeyrewards fyi Since then, I've been trying to come up with new designs, build on the brand, and leverage the list that came from Kendall Jenner's gravity to make sales. It's pretty seasonal, coming mostly during the summer and Christmas season. I have some big plans for 2015, but I have to keep them quiet for the time being, maybe there will be a follow-up post this next year
All that was a year ago and Woodies has had some good times and some slow times. I got into wood watches which have been really good sellers. I started selling on Amazon *affiliate, which has been a great boost to the bottom line.
Keep in mind that during this whole time I barely took a paycheck, and moved back in with mom in Tulsa, OK during a dry spell. I don't spend a lot of money, I have zero savings (except for a few Bitcoins) I actually travel most of the year, I'm in Thailand right now writing this to you. So to summarize, I've been an entrepreneur for a long time, and my success is best characterized by a few BIG wins, and mostly small, gradual losses. In between, my life has been great, I get to travel, work remotely, perform autonomous, creative work, do photoshoots with hot models, and learn a lot about myself and the world around me. I wouldn't trade it back and I'm optimistic about he future
Tech that makes all this possible:
Shipwire & Amazon FBA (Amazon FBA > Shipwire if you're wondering)
All Google Products: Gmail, Google Drive, Google Forms, Analytics
Xero for accounting
Shopify for e-commerce
[Fiverr](Fiverr.com) to boost online reviews
Alibaba for finding suppliers. Once you find them, visit them, and invest in a relationship with them
Mailchimp for Email marketing (the best thing going in my opinion)
Flexport for freight forwarding, definitely changing the game
Other takeaways:
Wholesale business and international shipping are both great if you like to waste huge amounts of time chasing small amounts of money. Stick to domestic until you're really big-time.
Never commit to big upfront costs. Always start small and test
Have a solid accounting system and data management system. It'll come in handy when you need it
I've got to shout out my friend and one-time employee Joanna (she just started OnceBitten ) I was rarely as productive as when I had someone else keeping me accountable and adding great ideas and hard work to the process. I guess the lesson is if you're going to hire somebody, make sure they're really, really good and pay them well
Things I haven't quite solved yet:
Customer Service management (I hate answering emails for real)
Taxes
CRM like Salesforce or something (is this necessary guys?)
I could go on, but I think this is enough. If you're still reading this, I'll answer questions if anyone wants to ask about business in China, solo-travel, branding, ecommerce, etc I'm not an expert in many things, but I know a little bit about a lot
See you at the Beach!
Cory Stout, Owner Woodies
A couple shout-outs: My other entrepreneur homies doing big things! RevelryDresses(group orders of sorority dresses)
OtisandEleanor(bluetooth speakers from bamboo)
OriginalGrain(wood watches, prob better than mine :) )
edit: Just want to say I'm enjoying hearing from you all. I'm doing solo travel right now, so it's nice to connect with other entrepreneurs out there
submitted by sigmaschmooz to Entrepreneur [link] [comments]

I am a time-traveler from the future, here to beg you to stop what you are doing.

Update, 27 oktober 2019:
Well gee, this blew up.
Bitcoin should not be treated as an investment, it should be recognized as a speculative negative-sum game. The Bitcoin system currently consumes an estimated 3.6 billion dollar worth of electricity on an annualized basis, just to update the ledger that contains a record of everyone's transactions. This enormous consumption of electricity is indirectly paid for by people who invest their savings in Bitcoin, as a consequence, money is continually "leaking" from the system.
As a Bitcoin investor, you're paying for Chinese businesses to waste electricity by solving an abstract math problem that is designed to get continually more difficult. Besides ensuring that many people lose vast sums of money while a small minority of early adapters is enriched, Bitcoin causes tremendous ecological damage in an era when we should be focusing as a society on reducing our carbon emissions.
The Bitcoin developers responsible for updating the protocol appear to have no genuine intention to introduce code changes that reduce the ecological damage caused by Bitcoin mining, so my suggestion has to be to sell your Bitcoins, which indirectly has the effect of reducing the ecological damage caused by Bitcoin mining.
Theft and loss of coins are also enormous problems affecting Bitcoin, so although it is theoretically possible to store your coins in a safe manner, history has shown that a lot of people will simply lose their coins, further illustrating why Bitcoin is not a good investment option.
The other cryptocurrencies share most of Bitcoin's flaws (resource waste, no protection against theft or loss, vulnerable to market manipulation, etc), but most importantly, what sets cryptocurrencies apart from proper investments is that these coins don't produce anything. If you invest in a company, that company can use the money to deliver more products. If you buy, silver, gold, bitcoin or beanie babies, you're hoping someone else will come along one day and pay more money for it. History has shown that people who invest money in the stock market will generally end up witnessing much higher returns than people who buy gold.
With that said, I hope this story has entertained you and helped you recognize some of the problems our society would face if we ever witnessed widespread adaption of Bitcoin or similar digital currencies.
I am sending this message from the year 2025. Things are looking bleak here, and some of you will carry blood on your hands.
If you don't believe me, please move on, as I have no way of proving to you I'm really who I claim to be.
I don't want to waste any of your time, so I'm merely going to explain what happened.
On average, every year so far, the value of Bitcoin has increased by about a factor ten. From 0.1 dollar in 2010, to 1 dollar in 2011, to 10 dollar in 2012, to 100 dollar in 2013. From now on, there's a slight slowdown, as the value increased by a factor ten every two years, to 1,000 dollar in 2015, to 10,000 in 2017, 100,000 in 2019, and 1,000,000 in 2021. From here onwards, there's no good way of expressing its value in dollars, as the dollar is no longer used, nor is any central bank issued currency for that matter. There are two main forms of wealth in today's world. Land and cryptocurrency.
There are just over 19 million Bitcoin known to be used in the world today, as well as a few hundred thousand that were permanently lost, and we're still dealing with a population of just over 7 billion people today. On average, this means the average person owns just under 0.003 bitcoin. However, due to the unequal distribution of wealth in my world, the mean person owns just 0.001 bitcoin. That's right, most of you reading this today are rich. I personally live next to an annoying young man who logged into his old Reddit account two years ago and discovered that he received a tip of 0.01 Bitcoin back in 2013 for calling someone a "faggot" when he was a 16 year old boy. Upon making this discovery he bought an airline ticket, left his house without telling anyone anything and went to a Citadel.
"What is a Citadel?" you might wonder. Well, by the time Bitcoin became worth 1,000 dollar, services began to emerge for the "Bitcoin rich" to protect themselves as well as their wealth. It started with expensive safes, then began to include bodyguards, and today, "earlies" (our term for early adapters), as well as those rich whose wealth survived the "transition" live in isolated gated cities called Citadels, where most work is automated. Most such Citadels are born out of the fortification used to protect places where Bitcoin mining machines are located. The company known as ASICminer to you is known to me as a city where Mr. Friedman rules as a king.
In my world, soon to be your world, most governments no longer exist, as Bitcoin transactions are done anonymously and thus most governments can enforce no taxation on their citizens. Most of the success of Bitcoin is due to the fact that Bitcoin turned out to be an effective method to hide your wealth from the government. Whereas people entering "rogue states" like Luxemberg, Monaco and Liechtenstein were followed by unmanned drones to ensure that governments know who is hiding wealth, no such option was available to stop people from hiding their money in Bitcoin.
Governments tried to stay relevant in my society by buying Bitcoin, which just made the problem worse, by increasing the value of Bitcoin. Governments did so in secret of course, but my generation's "Snowdens" are in fact greedy government employees who transferred Bitcoin to their own private account, and escaped to anarchic places where no questions are asked as long as you can cough up some money.
The four institutions with the largest still accessible Bitcoin balance are believed to be as following:
-ASICminer - 50,000 Bitcoin
-The IMF's "currency stabilization fund" - 70,000 Bitcoin
-Government of Saudi Arabia - 110,000 Bitcoin
-The North Korean government - 180,000 Bitcoin
Economic growth today is about -2% per year. Why is this? If you own more than 0.01 Bitcoin, chances are you don't do anything with your money. There is no inflation, and thus no incentive to invest your money. Just like the medieval ages had no significant economic growth, as wealth was measured in gold, our society has no economic growth either, as people know their 0.01 Bitcoin will be enough to last them a lifetime. The fact that there are still new Bitcoin released is what prevents our world from collapse so far it seems, but people fear that the decline in inflation that will occur during the next block halving may further wreck our economy.
What happened to the Winklevoss twins? The Winklevoss twins were among the first to die. After seeing the enormous damage done to the fabric of society, terrorist movements emerged that sought to hunt down and murder anyone known to have a large balance of Bitcoin, or believed to be responsible in any way for the development of cryptocurrency. Ironically, these terrorist movements use Bitcoin to anonymously fund their operations.
Most people who own any significant amount of Bitcoin no longer speak to their families and lost their friends, because they had to change their identities. There have been also been a few suicides of people who could not handle the guilt after seeing what happened to the bag-holders, the type of skeptical people who continued to believe it would eventually collapse, even after hearing the rumors of governments buying Bitcoin. Many people were taken hostage, and thus, it is suspected that 25% percent of "Bitcoin rich" actually physically tortured someone to get him to spill his password.
Why didn't we abandon Bitcoin, and move to another system? Well, we tried of course. We tried to step over to an inflationary cryptocurrency, but nobody with an IQ above 70 was willing to step up first and volunteer. After all, why would you voluntarily invest a lot of your money into a currency where you know your wealth will continually decline? The thing that made Bitcoin so dangerous to society was also what made it so successful. Bitcoin allows us to give into our greed.
In Africa, surveys show that an estimated 70% of people believe that Bitcoin was invented by the devil himself. There's a reason for this. It's a very sensitive issue that today is generally referred to as "the tragedy". The African Union had ambitious plans to help its citizens be ready to step over to Bitcoin. Governments gave their own citizens cell phones for free, tied to their government ID, and thus government sought to integrate Bitcoin into their economy. All went well, until "the tragedy" that is. A criminal organization, believed to be located in Russia, exploited a hardware fault in the government issued cell phones. It's believed that the entire continent of Africa lost an estimated 60% of its wealth in a period of 48 hours. What followed was a period of chaos and civil war, until the Saudi Arabian and North Korean governments, two of the world's major superpowers due to their authoritarian political system's unique ability to adapt to the "Bitcoin challenge", divided most African land between themselves and were praised as heroes by the local African population for it.
You might wonder, what is our plan now? It's clear that the current situation can not be sustained, without ending in a nuclear holocaust. I am part of an underground network, who seek to launch a coordinated attack against the very infrastructure of the Internet itself. We have at our disposal about 20 nuclear submarines, which we will use to cut all underwater cables between different continents. After this has been successfully achieved, we will launch a simultaneous nuclear pulse attack on every densely population area of the world. We believe that the resulting chaos will allow the world's population to rise up in revolt, and destroy as many computers out there as possible, until we reach the point where Bitcoin loses any relevance.
Of course, this outcome will likely lead to billions of deaths. This is a price we are forced to pay, to avoid the eternal enslavement of humanity to a tiny elite.
This is also the reason we contacted you.
It doesn't have to be like this. You do not have to share our fate. I don't know how, but you must find a way to destroy this godforsaken project in its infancy. I know this is a difficult thing to ask of you. You believed you were helping the world by eliminating the central banking cartel that governs your economies.
However, I have seen where it ends.
submitted by Luka_Magnotta to Bitcoin [link] [comments]

Buying plane tickets using bch, keeping you guys updated

Some people on this sub might remember me, but for those of you who don't please check on this link to understand this post better, you can notice in that post that I got tipped a big ammount of bch! from a very kind redditor; now, going back, I already had planned on leaving the country (Venezuela) with my girlfriend, we used our life savings to buy plane tickets for us back in november of 2017, but we (my gf and I) still had a debt of 200$ with another friend of ours who lent us the money.
So, making the long story short I remember waking up that saturday morning to discover I got tipped big time! when I saw the ammount of the tip my friend Daniel (u/Stinger_ve) came to my mind as a lightning strike. I will just say he is a good friend of mine who was also needing to leave the country (maybe more than me) the difference was that I am going to Chile and he was aiming to Argentina.
Hours later I had transferred him the most part of the tip (I kept a part to myself to pay the 200$ debt from my plane tickets) to him and we were already trying to figure out how to buy plane tickets with bch, a couple of days later on that week we discovered a site that worked as an exchanger and at the same time you could create a virtual credit card on it with the possibility to exchange your crypto to usd and then charge the balance of a prepaid virtual credit card.
Sadly when we figured out the system and studied the fees and did our numbers the price of crypto fell down from 18k to 9k in a matter of only days, so the best option we had was HODL and we did... not until the last few weeks when our narco government annouced presidential elections where the only "opposition" candidates are those who are being paid by the regime to create the false idea of a fair fight (the real opposition politics are in jail) and democracy, so, we had to do something and we had to do it fast.
Lucky enough I contacted one of the pilars of the crypto community (he wants to remain anonymous) and I explained him the situation and put my friend Daniel in contact with him, they spoke for a while and shortly after we got the good news that he got his flight tickets!! Using the airline miles program we traded with him the result of a big tip from a kind stranger into a flight ticket and a new life to my friend Daniel, he is leaving in about 2 months and i am leaving in one month, hopefully we will reunite some day in the future, catch a couple of beers and remember how the crypto community kindly offered a family the possibility of a fresh start for new opportunities and a better life quality, my friend's plan is to work over there and start raising some money to get his wife and child with him asap, and I am planning almost the same with the closest members of my family environment altought I don't have kids (yet).
I wanted to make this post to sincerely say thanks to each one of these persons who have helped us along the way, and for giving me the possibility to help my friend the way you guys did with me MobTwo bambarasta CityBusDriverBitcoin JonathanSilverblood saddit42 TheTruthHasNoBias emergent_reasons ChaosElephant defconoi Bittrexed LovelyDay FakeNewsIgnorer mungojelly teotusch SwedishSalsa CrashTestCharlie 324JL blechman zprtlv blechman megability blechman ErdoganTalk (sorry for screwing up that tip, i'm stupid, you're awesome) and rawb0t for creating the bot that made it all possible, to asicshack for that big fat tip that filled our lives with joy, GOD BLESS YOU ALL.
Please ask me anything you want. Long live bitcoin cash!!
FORMATTING EDITED
submitted by lord31173 to btc [link] [comments]

Tark Wallet: Choose the most suitable cryptocurrency wallet for you in 2019


Since Bitcoin appeared 10 years ago and quickly took over the page layout of mainstream medias, the development of encrypted digital assets has received a wide range of concerns. In addition to the actual application of digital assets, as the most important part of the security of digital asset, the role of the encrypted digital asset wallet (Token Wallet) in the blockchain world cannot be underestimated. As with the role of banks in the real world, ideally, encrypted digital asset wallets should escort for digital assets. Therefore, any blockchain application is ultimately inseparable from the encrypted digital asset wallet, which is the foundation for the development of the blockchain industry.
Currently there are two types of encrypted digital asset wallets: cold wallets and hot wallets. The concept sounds classy, but in fact it is easy to understand. A cold wallet is a wallet used offline. The most common cold wallet is to write the private key (wallet address) on paper with a pen, or store the private key on a mobile u-disk, and more professionally, in some hardware wallets. Their common feature is that they are not connected to the Internet. The advantage is that they are very secure, but the disadvantage is that they are very troublesome when trading. The common wallets in the networked-state are hot wallets, such as exchange wallets. Hot wallet are easy to operate and trade, but relatively less secure than cold wallets. Even so, frequent operations and transactions have made most users who view encrypted digital assets as investments and purchasing power more keen on hot wallets. Here are some of the most popular hot wallets on the market: T-ark, Huobi Wallet and HyperPay, from the user's point of view to provide you with a reference to see which hot wallet is more suitable for you.
T-ark wallet
As a rookie of the coin circle - Tark wallet, its strength can not be underestimated, T-ark can decentralize storage and manage a variety of blockchain and token assets, such as BTC, BCH, LTC, ETH, USDT, etc., greatly improves the convenience and liquidity of user asset storage, the privacy of the wallet address, completely grasped in the hands of users, to simplify the complexity, make up for the deficiencies. Secondly, starting from the security of user assets, T-ark creates a deep-level data structure for storing and managing user keys. It is a higher-level security mechanism protects the habitat of private key in an all-round way, and is committed to building a globally open network payment system. At the same time, in addition to the traditional wallet function, T-ark (T-ark Wallet) gathers the resources of major trading platforms around the world, and sets up a 24-hour market dynamic section, allowing users to monitor the trend of the token in real time. Finally,the layout of diversified application scenarios, in addition to the most basic creation and asset storage, T-ark gives more scenarios for storage and distribution. Wallet users can use the assets in the wallet to directly purchase items from Newbuy Mall. It will also open dozens of high-end applications such as the settlement of AXC, through the alliance of businesses to achieve domestic airlines to buy tickets and dozens of high-end applications, to create a perfect ecosystem of digital token.
Huobi wallet
For domestic users, the name of "Huobi" in the domestic blockchain is still quite enough. In the second half of the year, Huobi launched a new version of the wallet, changing the wallet mechanism. Compared with the previous one, it is more in line with the trend, and the page is designed to be more refined than the old one. Despite the fact that they are backed by Huobi exchange, the team is also a Huobi team, the main body of the Huobi Wallet APP is not offshore, it is Beijing Dongfang Fuze Technology Co., Ltd. In terms of security, the Huobi Wallet uses a secure keyboard. When the user needs to enter a password, the security keyboard will pop up for the user to use. The fingerprint verification has been added to a recent update, which is a nice design. The Android version of the Huobi Wallet prohibits screenshots throughout the process, which adds the security to users who use Android phones. The Huobi wallet integrates the decentralized exchange function, but in terms of the decentralized exchange experience, we expect the Huobi wallet to give more surprises in the next iteration. According to users’ feedback, after experiencing the exchange function, it is found that the exchange time will be longer and the experience is not too good. However, in today's increasingly tightened regulation, the centralized exchanges will be in a more difficult situation, and decentralized trading is indeed an inevitable trend. Therefore, the Huobi wallet is also an innovative attempt.
HyperPay
According to the official announcement, the HyperPay wallet is a onchain and offchain hybrid wallet that supports iOS and Android systems. However, in actual experience, the HyperPay app does not have a download channel in the mainstream mobile app store in China, and only supports Google Play and official website download. The HyperPay mobile app continues the style of its website. Despite the visual impact, the top right-hand side of the page is similar an icon to view the trend. Click in to see the real-time price and quotation of some popular coins, which is a very friendly design.In terms of security, according to HyperPay's official publicity materials, HyperPay uses the technology of separating the hot and cold wallets, 90% of wallet funds are stored offline, and the wallet confidential information on the blockchain uses AES256 encryption technology to store. Each time the user enters during use, the PIN code is required for both the on-chain and the offline wallet. In terms of trading, HyperPay currently supports the storage and transmission of 19 main blockchains and 110+ digital currencies such as BTC, ETH and EOS. However, from the perspective of media propaganda and community activity, the HyperPay wallet team is mainly for domestic customers.
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How to purchase game tickets ARK Invest Owns 0,008% of Virgin Galactic How to Find & Buy Cheap Airline Tickets - Google Flights 2020 Chainlink To Traveling with bitcoin.

Hi, It's going to be hard to use directly with an airline as most - not all, but most - use the services of Airline Reporting Corporation, or ARC, which is the de-facto industry wide payment processing and clearinghouse for airline ticket purchase payments.... and at present, ARC does not deal in, accept, debit or credit members in bitcoin as a currency or FOP (Form Of Payment) Bitcoin Flights. Search for flights from hundreds of different airlines and pay using Bitcoin with Alternative Airlines. Bitcoin is a type of cryptocurrency with the symbol '₿' and is a type of money that is completely virtual. It's the best-known cryptocurrency in the world and is used by around 5 million unique users. CheapAir and its team of 90 travel enthusiasts use cutting edge technology, a boatload of airfare data, and superior customer service to make it easier and less stressful to buy affordable airline tickets. Now you can fly cheap to destinations like New York, Los Angeles, or even Europe. CheapAir also has fair hotel prices. Bitcoin.Travel has one of the most comprehensive list of businesses that use bitcoin. Well-established platform, Bitcoin.Travel, supports payments in cryptos, where users can search for flights, hotels and rentals around the world. As early as 2013, airlines and online travel agencies began accepting Bitcoin as a payment method. Valuations back then were roughly $900 per BTC (Bitcoin) and with values in the last few months ranging between $13,000-$20,000 per BTC, the swing toward cryptocurrency as a payment option appears to only be in the beginning stages.

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How to purchase game tickets

How to Buy Airline Tickets Online using Bitcoin Cheapest Airline Tickets on the Internet - Duration: 3:29. How to Buy Airline Tickets Online 2,981 views This is a THETA token update plus a tutorial on how to buy THETA and how to store it in your own online wallet. Become an insider to my Bitcoin and crypto investing group here https://www.patreon ... Virgin Galactic CEO George Whitesides on the company's latest test flights - Duration: 5:32 ... 3 TOP Undervalued Stocks to Buy Right Now ... Live Bitcoin Trading With DeriBot on ... 🔊 Presentación Negocio Las Americas BizzCoin 29 05 2020 🔊 con Cesar Coral y Viviana Gutiérrez - Duration: 33:10. BizzTrade - Bizzcoin Oficial Español Recommended for you Get a $ 30 discount on your first Airbnb trip: https://www.airbnb.com/c/ntezza?curre... How to Find & Buy Cheap Airline Tickets - Google Flights 2020

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