Discover and read the best of Twitter Threads about #CRYPTOCURRENCY

Most recents (24)

The theory of #cryptocurrency, say @libra_ says that because there's #blockchain and no one needs to go through a bank to hold #crypto, there shall be #FinancialInclusion but in reality, inequality in #bitcoin is as bad as in fiat, if not worse...

ccn.com/bitcoin-is-pla…
@Libra_ There are three primary sources of economic inequality in #bitcoin

1. #Bitcoin is obtained via substantial fiat investment in compute
2. #Bitcoin CX is not grandma friendly
3. Value of #bitcoin is determined by fiat exchanges rather than by underlying decentralised commerce
@Libra_ Then there are some secondary sources

1. #bitcoin can't address causes of poverty and financial exclusion that (a) Amartya Sen and Jean Dreze (b) Abhijit Bannerjee et al. have addressed in their Nobel winning research.
2. #Bitcoin does not change social or political incentives
Read 14 tweets
#Justice WASHINGTON DC
South Korean National & Hundreds Of Members Worldwide Charged In Largest Darknet Child Pornography Website TAKEDOWN

Jong Woo Son, South Korea
nine-count indictment #unsealed #Bitcoin

CD #Benczkowski DC
@POTUS @TraffickStop
tinyurl.com/yxglcglf
[1/?]
@POTUS @TraffickStop The nine-count indictment was unsealed along with a parallel civil forfeiture action.

An additional 337 site users WORLDWIDE have been arrested and charged.

USA
UK
GERMANY
SAUDI ARABIA
UAE
CZECH R
CAN
AU
SPAIN
IRELAND
BRAZIL
SOUTH KOREA

DC #Liu #HSI #ICE #IRS
#DARKNET
[2/?]
@POTUS @TraffickStop “Darknet sites that profit from the sexual exploitation of children are among the most vile and reprehensible forms of criminal behavior” #Benczkowski

“We will continue to pursue such criminals ...to ensure they receive the punishment their terrible crimes deserve” #Liu
[3/?]
Read 48 tweets
U.S. and Korean authorities say they broke up one of the world’s largest markets for #ChildPornography, a crime that is proliferating at a furious pace with the rise of #cryptocurrency and #encrypted online content.
bloomberg.com/news/articles/…
Since agents shuttered the site in March 2018, authorities have arrested 337 site users in 11 countries including the U.K., Germany, Brazil, Saudi Arabia and the United Arab Emirates, and in more than two dozen U.S. states.
The site, encouraged users to upload videos, included 100s of 1,000s of illicit images not previously seen by authorities. 23 minor victims in the U.S., U.K. and Spain were rescued. They were being actively abused by users of the site, which operated from June 2015-March 2018.
Read 7 tweets
Lol, i just heard this evening that @paxful will start charging 1$ or 1% which ever is higher of the two options on every internal transfer of bitcoin and customers will only have 5 times to make free internal transfer in a month, like LMAO @raypaxful
#Paxful #Bitcoin #Crypto
It still baffles me and leave me in shock why @paxful and @raypaxful will decide to charge such an outrageous fee on a Bitcoin transaction, 1% which means 10$ on 1000$, 100$ on 10000$, 1000$ charges on 100000$ bitcoin internal transfer 😀.
Even BANKs does not charge such an outrageous amount on money transfer, what’s now the essence of Blockchain ? What’s essence of Bitcoin 🤷🏽‍♂️ ?
Do you guys really beleive you have the user base enough and have become so indispensable that made you think people will accept this ?
Read 10 tweets
"How #cryptocurrency regulation has evolved in India?
1. 2013: RBI issued a press release cautioning users. 'They are in the process of studying extant regulatory provisions in India'
2. Feb 2017: RBI issued another press release. 'We're cautioning you again' ...
3. April 2017: Ministry of Finance set up an interdisciplinary committee to study cryptocurrency
(before the ban on cryptocurrencies, the govt also considered a digital currency)
4. July'17: Interdiscplinary admits report, not open for public, not available under RTI because ...
'strategic importance'
[@AjeetK: We were there but they had a negative view of it]
contd. 5. Aug'17: Digital Assets + Blockchain Foundation estd.5. First PIL wrt cryptocurrencies filed in SC
6. Dec'17: 3rd press release by @RBI saying cryptocurrenies are akin to Ponzi schemes,...
Read 11 tweets
1/3 #GigFair is an exciting new platform launching in 2019 that will allow anyone in the world to work in the global digital economy.
#electroneum #etn #blockchain #fintech #crypto #cryptocurrency #Criptomonedas #massiveadoption #bitcoin #btc #tothemoon #hold
2/3 "Gigs" are items of digital work, carried out remotely. The current global digital economy is estimated to be over $4 trillion US dollars per year, yet the current global gig economy is staffed almost entirely by individuals who have a bank account.
3/3 The concept is simple. By allowing customers to buy "gigs" with their credit cards in USD it makes it easy to buy work. These funds are cleverly converted into ETN (a mobile cryptocurrency called Electroneum) and transferred to the worker carrying out the "Gig".
Read 3 tweets
This is unfiltered data at this point. I will create a medium article by tomorrow afternoon.

#Coinmarketcap and their new(ish) top 200 ranking system

#cryptocurrency #crypto #altcoins #ranking #cryptotwitter #CoinCheckup #CoinGecko #Decentralization #CT
Starting from the bottom ranked & working up #coinmarketcap listed coins #2319-1933

All disqualified because market cap cannot be calculated & are not listed on the "correct" exchanges. The projects tagged have the blue question mark. The rest should according to CMC methodology
#coinmarketcap listed coins #2319-1933 (All disqualified from top 200, tagged projects have the blue question mark)

$ODEX
$BCARD
$HSN
$XG
#X12
$GRAT
$CIV
$WBL
$BZE
$LABH
$NTR
$CRD
$SNL
$UNO
$ABDT
Read 11 tweets
The question for the #ethereum community is, how do we do #defi without creating another ICO boom and bust like #YOLO situation... IMO the main cause of current eth/btc price being out of whack with the immense technical progress in and around eth over the last two years.
#bitcoin is overpriced because there's been very little technological progress. But finance isn't just about technology. It's also about trust. #bitcoin is overpriced vs better tech including #ethereum BECAUSE nothing changes, same as the UK and US high street banks.
Finance isn't the best space to move fast and break things. Alright it isn't health care or space flights and #innovation is never risk free but its important for the community to call out things that don't make sense

finance.yahoo.com/amphtml/news/f…?
Read 31 tweets
I never Trust 4chan, 8chan and any other internet forum board along with sites Reddit, voat, mewe, gabai.. I am always on guard with Twitter, Google, YouTube, Facebook and others. Internet produces EVIL people. Look at how #Asia controls the forum boards.👇
And when you see your blocked by someone you do not even know.. you know why. Something evil is brewing and I bet I know what it is. Tick Tock
#cryptocurrency #Bitcoin #Childtrafficking #Drugs @FBI @FBIWFO @realDonaldTrump @SecretService @VP @SecPompeo
Go back to watching CSI, XFILES, MURDER SHE WROTE, NANCY DREW and other classic TV shows or movies you'll learn. Stop being idiots and relying on popular Twitter people to teach you. Be a #Freethinker @madmandave1011 @fedupwarrior4q @QWarrior1917
Read 3 tweets
Yine raporlar okundu, makaleler sular seller 🤦‍♀️ #Teknoloji konusunda önümüzdeki dönemde en fazla #yatırım hangi alanlara yapılacak? 2020 yılında yine burada hangi konuları konuşuyor olacağız? Yuvarlak cevapları bir kenera bırakalım ve nokta atışı gidelim hadi 🔥 #tech #trends
1/ Yapay zeka ve kişiselleştirilen süreçler @Adobe 2019 Trendler Anketi'nde yine ilk sıraya yerleşti 🧠 Markaların yönlendirmeleri ile kullanıcı deneyimini geliştirmenin en sağlıklı yönteminin #AI tabanlı veri yönetimi olarak değerlendirildiğini görüyoruz! adobe.ly/2JLVvpN
2/ @IDC (Uluslarası Veri Kurumu) raporuna göre şirketler henüz sonuç alamadıkları #blockchain'e milyonlar harcamaya devam etmeye istekli 💸 2019 yılında $2.9M'u bulması beklenen harcama 2022'ye geldiğimizde $11.7M'u bulacak 🙆‍♀️ #cryptocurrency #technology idc.com/getdoc.jsp?con…
Read 10 tweets
1/ Draft of a Congressional bill titled "Keep Big Tech Out of Finance" Act is significant.
Note out this announced is right on the heals of Trump tweeting his feelings about #Bitcoin and #Cryptocurrency in general and specifically called out #Facebook #Libra...
2/ FB jumping in the financial industry with their 2billion userbase to tap into *is* a wakeup call. They laughed at #Bitcoin because it was small, but with FB they see a threat.

I'm no fan of #ZuckBucks but I think the #Crypto industry needs to get on #TeamFB with this bill.
3/ This knee jerk reaction to #BigBanks not liking their domain being disrupted by #BigTech, so they're getting Congress involved. It's clearly an overreach in govt trying to coddle #BigBanks, a relationship that needs to seperated more through disruptive tech, not less.
Read 8 tweets
#bitcoin could ossify today & still win the SoV use case based on its existing characteristics (scarcity, censorship resistance) & network effect / ubiquity.

Many “dev-centric” minds miss this b/c they only view #blockchain from a developer mindset & not a financial/social one.
“Do not try and do everything. Do one thing and do it well.” - Steve Jobs

#bitcoin is the 1st uninflatable, uncensorable, unconfiscatable asset the worlds ever known. It’s also the best tool to ever exist for each of those characteristics. It’s VERY GOOD as digital gold.
Hash rate at an ATH. Price is returning to ATH w/ a market capitalization of >$200B (6x+ its closest competitor ETH $31B).
Read 9 tweets
1/ My views in EconomicTimes on #Libra: “If @facebook were to design the Libra to be a closed system, only to be transacted on its network and not beyond, #RBI should ideally be less concerned, since the #coin does not engage with the external economy” bit.ly/2Ro8jpC
2/ “If it is not meant to operate in a closed system, then it is exactly the kind of #DigitalAssets that concerns RBI. #regulations as currently drafted seem to indiscriminately apply to both the above examples.”
3/ "The argument that this is a #stablecoin — a #cryptocurrency whose value is pegged to be as stable as the dollar — is unlikely to pass muster with the banking regulator, due to concerns around tax evasion, money laundering and fraud" @ikigailaw
Read 3 tweets
#Libra : Wie #bitcoin nur stabiler? – Die Berichte über die neue digitale Währung von #Facebook und anderen Tech-Unternehmen sowie Zahlungsdienstleistern sprudeln nur so über. Die #BayernLB hat sich ebenfalls durch das Whitepaper gewühlt und kam zu folgenden Ergebnissen: 👇
#Libra ist keine neue Währung, sondern an einen Währungskorb (und damit vor allem an den US-Dollar) gekoppelt. Damit importiert das Libra-System, wie bei herkömmlichen „Currency Boards“, die Geldpolitik von Fed und Co.
Das #Libra-System ist im Kern ein Zahlungssystem wie Paypal, mit dem Unterschied, dass Facebook bereits rund 2 Mrd. User und Messaging-Apps wie Whatsapp hat, in welche #Zahlungsmöglichkeiten implementiert werden können.
Read 10 tweets
1/ #Facebook released their #Libra #cryptocurrency whitepaper today. This is a stable coin governed by a Foundation that is comprised of a handful of the world’s largest corporations
2/ The currency will run on the Libra #blockchain and coins will be backed by assets consisting of bank deposits and government securities that will be issued by the Libra Reserve whose members each invested a minimum of $10M to run a validator node
3/ This pseudo #decentralization is not being brought into the world to ‘empower billions of people’ or ‘help people everywhere live better lives’ as Facebook suggest
Read 6 tweets
1/5 @Buttarelli_G Further concentration of #personaldata poses additional risks to rights & freedoms of individuals. The launch of digital coin #Libra by #Facebook will require careful scrutiny from several enforcement bodies, including data protection authorities #cryptocurrency
2/5 We recognise the potential of new technologies, including, as in the case in question, new applications, which aim to provide financial and #ecommerce services in new or efficient ways.
3/5 However, it would be deeply concerning, e.g. for a company with access to massive volumes of personal information, gathered through its social media platforms and communications services, to be able to combine this information with the tracking of online digital purchases
Read 5 tweets
1) So the media and leftist Twatters have been having fun with @realDonaldTrump's "Prince of Whales" tweet.
#Q followers know better when it comes to typos: it's part of the Comms.
#LearnOurComms
2) #8ChanAnon points out some links explaining what a "Whale" is in the world of #CryptoCurrency
Read 8 tweets
1/ 6 PREDICTIONS about what @Facebook's #cryptocurrency means. Grab the popcorn bc I analyzed publicly disclosed info to make 6 predictions, of which 2 will be controversial (#2 and #6). @ForbesCrypto #Libra #bitcoin forbes.com/sites/caitlinl…
2/ First prediction: @Facebook's #stablecoin will be a positive force in developing countries. Second: @Facebook will pay #interest to users of its #cryptocurrency, which will eventually lead to populist calls to repeal subsidies at the heart of the US banking system.
3/ It's true that #stablecoin issuers generally pocket the float on the assets backing the coins, but I go out on a limb & predict there's no way @Facebook will be able to pocket these big profits w/o sharing them with users. To be clear I haven't seen @Facebook disclose this.
Read 11 tweets
ATTN: There is an organized crime group actively targeting members of the #cryptocurrency industry. You MUST remove mobile phone numbers from your personal email, work email & exchange/bank account recovery processes NOW! 1/ #crypto #bitcoin
They are visiting US-based phone carrier stores with fake IDs and personal information (likely from other data breaches). 2/
They are telling the stores they lost their phones and are obtaining a new SIM for the victims / targets phone numbers. These accounts even have “extra security” enabled. 3/
Read 8 tweets
Dall'età della pietra esiste il "contante", fino alla #moneta (moneta legale, moneta bancaria, moneta commerciale, moneta elettronica).
Siamo sicuri, sicuri che un sistema GLOBALE #cashless sia la panacea? Or evil?

#cashless_is_freedomless
L'incubo no cash (#cashless) e il teorema di Pangloss

ilpedante.org/post/l-incubo-…
24 Solutions, sbarca in Italia il sogno svedese dei pagamenti “#cashless

Il country manager Amedeo Lupinelli a CorCom: “La modernizzazione di un paese passa attraverso la modifica delle abitudini di pagamento: anche l’Italia abbandonerà il contante”

corrierecomunicazioni.it/digital-econom…
Read 54 tweets
1. Q: The supervision on the #Chinese Internet is very strict. Will the use of #HoloPorts be restricted by the Chinese #firewall?

A: The HoloPort network should be pretty resilient, even in the face of the Great #Firewall, as the asynchronous ++
2. ++ capabilities of #Holochain allow things (application processing) to function independently on each side of the wall. Thus, ANY node that can communicate across the partition, for example, a #satellite connection, allows everything else to #synchronize with that node. An ++
3. ++ app network requires only one connection to the outside for data to eventually pass through.

That said, this is a complicated question, as government censorship is a cat-and-mouse game, and not one that we are focused on specifically. Our aim is to help ++
Read 7 tweets
Latest news: #bitfinex token will be named LEO, it’ll be a hybrid model of #bnb & #bfx
In addition to the logic of #bnb token, #bitfinex will repurchase and burn the tokens with the unfrozen funds in the future #usdt
The total amount is $1b, so far amount received for it is $500m #usdt
Read 9 tweets
SBI Holdings, Inc.
FY2018 Financial Results (Fiscal Year Ended March 31, 2019)
April 26, 2019

Services that SBI Virtual Currencies will Begin Immediately after Changes of Crypto-asset-related Laws and Regulations

#xrp #ripple #xrpcommunity #xrpthestandard #SBI #xrparmy
SBI Holdings, Inc.

April 26, 2019

Money Tap will now consider accepting an investment from U.S. #Ripple, in order to strengthen technical cooperation and the promotion of initiatives related to international remittances

#xrp #xrpcommunity #xrpthestandard #SBI #xrparmy
SBI Holdings, Inc.

April 26, 2019

Full-scale efforts towards increasing financial services using Ripple’s XRP and R3’s Corda

promoting Collaboration Between Ripple and R3,
Companies with Technology Closest to a Global Standard

#xrp #ripple #xrpcommunity #xrpthestandard #SBI
Read 5 tweets
I might not be making money yet myself, waiting for my #ALTs to moon, but at least I'm useful to someone(my best friend since Jr. High and college roomate).

$PINK $PIVX $ONG $MTL $LIFE (I'll mention the other good coins when I'm able to get in on them 😀). Must pump these first.
#bitcoin doing well since my "extremely bullish" proclamation to my friend about 25 minutes ago at the bottom of the most recent short-term dip.

Give the fuck up, bears! You're done for! #MuellerMayhem incoming!

#ExitAllAmericanMarkets
$DJI $NDX $SPX $DXY ---> #BTC $XAU
Read 3 tweets

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