#How to use America's Bitcoin ATM
Explore tagged Tumblr posts
hitechblogging · 7 months ago
Text
0 notes
gpaynowvcc · 2 months ago
Text
What Is a UnionPay Prepaid Card and How Does It Work? (2025 Guide)
In today's fast-paced digital world, having a secure and globally accepted payment solution is essential. A UnionPay Prepaid Card offers exactly that—a hassle-free, crypto-friendly, 3D Secure virtual card accepted across millions of merchants worldwide.
Whether you're shopping online, traveling, or managing business expenses, UnionPay prepaid cards combine security, flexibility, and international reach—without the need for a traditional bank account.
In this guide, we'll cover everything you need to know about UnionPay prepaid cards, including how they work, user benefits, crypto payment options, and why they’re trending globally.
What Is a UnionPay Prepaid Card?
A UnionPay Prepaid Card is a reloadable payment card issued by UnionPay International, operating similarly to a credit or debit card — but without being tied to a bank account or a line of credit.
Prepaid: You load funds in advance using fiat or cryptocurrency.
Virtual or Physical: UnionPay cards come as virtual cards (for online shopping) or physical cards (for ATM withdrawals and in-store payments).
Global Acceptance: Over 70 million merchants in 180+ countries accept UnionPay.
According to UnionPay International, UnionPay now ranks #1 in global card issuance and #2 in transaction volume, beating Visa in China and expanding heavily in Africa, Southeast Asia, and the Middle East (2024 data).
How Does a UnionPay Prepaid Card Work? (Step-by-Step)
Using a UnionPay prepaid card is simple and user-friendly:StepAction1Sign up with a UnionPay card provider (like ours)2Top up your card using crypto (USDT, BTC, ETH) or fiat currency3Instantly receive your UnionPay virtual card details (card number, CVV, expiry)4Use your card for online shopping, subscription services, travel bookings, and more5Reload anytime as needed
🔹 Virtual UnionPay Card: Perfect for online purchases and subscription services (Netflix, AliExpress, Amazon, etc.) 🔹 Physical UnionPay Card: Great for ATM cash withdrawals, POS terminals, and in-store payments globally.
Why Choose a UnionPay Virtual Card? (Top Benefits)
1. Global Acceptance UnionPay is accepted in over 180+ countries, including Europe, Asia, Africa, and North America.
2. Crypto Top-Up Available Fund your UnionPay card using Bitcoin, Ethereum, USDT, and other cryptocurrencies.
3. 3D Secure & Hassle-Free Your transactions are protected with 3D Secure authentication for maximum fraud protection.
4. No Traditional Bank Needed No bank account? No problem. Just load and spend securely.
5. Instant Issuance Get your UnionPay virtual card instantly after successful top-up.
6. Spending Control Set daily, monthly, or transaction-based limits to control your expenses easily.
7. Seamless Withdrawals Withdraw cash at millions of ATMs worldwide with your physical UnionPay card.
Where Can You Use a UnionPay Prepaid Card?
Online Shopping: Amazon, AliExpress, Shopee, Taobao, Lazada.
Travel Services: Expedia, Booking.com, Trip.com.
Streaming: Netflix, Spotify, Apple Music.
Gaming: Steam, PlayStation Store, Nintendo eShop.
Utilities and Bills: Pay bills using crypto via your UnionPay prepaid card.
🔥 Fun Fact: In 2024, UnionPay cards recorded a 37% increase in international e-commerce transactions, driven by growth in markets like UAE, Singapore, and Nigeria.
How to Load Your UnionPay Virtual Card with Crypto? (Simple Guide)
Loading your card with crypto is easy and fast:
Select "Top Up" in your dashboard.
Choose your preferred crypto (BTC, ETH, USDT, USDC, etc.).
Send the exact amount to your generated crypto wallet address.
Funds are automatically credited after network confirmation.
✅ Instant loading ✅ Low fees ✅ Secure blockchain confirmations
UnionPay Prepaid Card Fees (2025 Overview)
Fee TypeAmountCard Issuance Fee$10 – $15Monthly Maintenance Fee$0Crypto Top-Up Fee1% – 2%ATM Withdrawal Fee2% – 3% (for physical cards)Foreign Exchange Fee~1.5%
Note: Fees may vary depending on your provider (we offer zero monthly fees for our customers!).
Is UnionPay Prepaid Card Safe to Use?
Absolutely. UnionPay integrates multiple security layers:
3D Secure Authentication
Real-Time Transaction Alerts
PIN or OTP Verification for Payments
Advanced AI Fraud Monitoring
EMV Technology (for physical cards)
💡 UnionPay was recognized for having one of the lowest fraud rates among international card networks in 2024.
FAQs: Everything Customers Ask Before Buying a UnionPay Card
1. Can foreigners get a UnionPay virtual card?
Yes! Our UnionPay virtual cards are available worldwide, with no citizenship or residency restrictions.
2. Can I use a UnionPay virtual card for Amazon and AliExpress?
Absolutely. UnionPay is accepted by major e-commerce sites like Amazon, AliExpress, and many others.
3. How fast will I get my UnionPay card?
Virtual cards are issued instantly after your successful crypto or fiat top-up.
4. Can I withdraw cash with a UnionPay virtual card?
No, for ATM withdrawals, you will need a physical UnionPay card.
5. Is KYC (identity verification) required?
In most cases, minimal KYC is required for small limits. For higher limits, basic ID verification may apply.
6. How do I load UnionPay card with USDT or BTC?
Just select "Top-Up" > Choose crypto > Send > Get funds credited instantly.
7. Are there any limits on UnionPay prepaid card usage?
Daily, monthly, and annual limits may apply based on the top-up method and account type. (Example: daily spending limit $2,000 for basic users.)
8. Can I use UnionPay cards with PayPal or Apple Pay?
Some providers (including ours) offer Apple Pay integration with UnionPay cards.
Why UnionPay Virtual Card Demand Is Rising Globally (2025 Insight)
🌎 International E-Commerce Growth: Shoppers need a card that works globally.
💳 Crypto Payment Popularity: Users want cards they can top up with Bitcoin, USDT, and other coins.
🛡️ Security Concerns: UnionPay offers safer, tokenized transactions than traditional banking systems.
🚀 Financial Freedom: No banks, no restrictions — only direct crypto-to-card spending.
According to a recent survey (Statista 2024), over 60% of online shoppers prefer using prepaid or virtual cards for international transactions to avoid fraud risks.
Final Thoughts: Is UnionPay Prepaid Card Right for You?
If you're looking for a fast, secure, crypto-compatible, globally accepted payment solution, a UnionPay prepaid virtual card is an unbeatable choice.
✔ Instantly available ✔ Crypto top-ups accepted ✔ 3D Secure protected ✔ Works worldwide
Ready to experience the next level of online payment freedom? 👉 Get your UnionPay Virtual Card Today – Instant Issuance, Crypto Top-Up Ready!
0 notes
saadkhan2917 · 10 months ago
Text
Bitcoin and Cryptocurrency ATMs Market Size, Share and Growth Analysis for 2024-2034
The Reports Intellect specialized and business intelligence entitled Global Bitcoin and Cryptocurrency ATMs Market (2024-2032) provides an overview of market availability, detailed analysis, competitive composition, and revenue forecasting. The report contains several key features to gaining a vital market assessment. The report likewise offers top players in this market. The research includes in-depth insight into the global size, share, and developments, along with the growth rate of the Bitcoin and Cryptocurrency ATMs Market to evaluate its expansion during the course of the predicted period. The Bitcoin and Cryptocurrency ATMs market report details insights on crucial factors responsible for the growth of the market shareholders and new players.
Key Players covering This Report: - General Bytes Lamassu Global Funds Transfer Genesis Coin BitAccess Coinsource DBA COAVULT Orderbob Coinme LightningXchange ByteFederal BTC facil
The foremost vendors operating in the market are described based on product range, quality, price, brand, regional presence, and other facets. Detailed analysis of these players, accompanied by their key growth strategies is also covered in this report. Furthermore, strategic development activities of these vendors such as product expansion, partnership/collaboration, and investments among others are discussed in the Bitcoin and Cryptocurrency ATMs market report.
To Understand How Covid-19 Impact Is Covered in This Report Request a Sample Copy @ https://www.reportsintellect.com/sample-request/2865011
Description:
The report focuses on in-depth research on market size, CAGR, company profiles, and trending market dynamics. Our comprehensive report aims to identify markets aspects and significant developments to assess the increasing numbers of challenges, growth aspects, and threats. Moreover, a description of financial terms such as cost, revenue, stocks, and profit margin has been included in this Global Bitcoin and Cryptocurrency ATMs Market document to better comprehend the different economics of the business.
Bitcoin and Cryptocurrency ATMs Market by types: 1-way Model 2-way Model
Bitcoin and Cryptocurrency ATMs Market by Applications: Shopping Mall Gas Station
Geographical Regions covered by Bitcoin and Cryptocurrency ATMs Market are:
North America Country (United States, Canada) South America Asia Country (China, Japan, India, Korea) Europe Country (Germany, UK, France, Italy) Other Country (Middle East, Africa, GCC)
Get an Exclusive Discount on this report @ https://www.reportsintellect.com/discount-request/2865011
NOTE: The Bitcoin and Cryptocurrency ATMs report has been formulated while considering the COVID-19 Pandemic and its impact on the market.
Customization of the Report:
The given Bitcoin and Cryptocurrency ATMs market research report can also be customized as per the client requirements. The client can reach out to our sales team ([email protected]) who will ensure that you get the report as per your requirements and needs.
Why us:
We facilitate you with a crucial detailed insight report on the Bitcoin and Cryptocurrency ATMs market.
Descriptive graphs, explanatory charts, and more analytical tools to provide the clients with more factual data in very effective yet simple to grasp illustrations.
We provide you with a report that educates you on the challenges and issues of the Bitcoin and Cryptocurrency ATMs market and provides you with data needed to overcome those issues and maximize your growth potential.
Some Key Questions answered in this Report are:
·         What is the current Bitcoin and Cryptocurrency ATMs market scope in the global landscape?
·         What are the opportunities to focus and grow in the Bitcoin and Cryptocurrency ATMs Market?
·         What are the most suitable business segments to ensure maximum profitability in Bitcoin and Cryptocurrency ATMs market?
About Us: Reports Intellect is your one-stop solution for everything related to market research and market intelligence. We understand the importance of market intelligence and its need in today's competitive world. Our professional team works hard to fetch the most authentic research reports backed with impeccable data figures which guarantee outstanding results every time for you. So whether it is the latest report from the researchers or a custom requirement, our team is here to help you in the best possible way. Contact Us: [email protected] Phone No: + 1-706-996-2486 US Address: 225 Peachtree Street NE, Suite 400, Atlanta, GA 30303
0 notes
peternadalblogs · 1 year ago
Text
What are the different options of Cash App free ATMs?
Cash App has revolutionised the way people handle their finances, offering a seamless way to send and receive money, pay bills, and even invest in stocks and Bitcoin. One of the critical features of Cash App is the Cash Card, a customizable Visa debit card that allows users to access their Cash App balance for purchases and ATM withdrawals. However, like many debit cards, using your cash card at ATMs can incur fees. For users who rely on Cash Apps for their everyday transactions, finding ATMs that are free to use is crucial. In this comprehensive guide, we'll explore where can I withdraw money from Cash App for free and provide a detailed list of ATMs that are accessible to Cash App users.
Understanding Cash App ATM Fees
Before diving into the list of accessible ATMs, it's essential to understand how Cash App's ATM fees work. Typically, using a Cash Card at an ATM incurs a cost of $2 per transaction. This fee can add up quickly, especially for frequent withdrawals. However, Cash App offers a way to avoid these fees under certain conditions.
How to Avoid ATM Fees with Cash App?
If you receive direct deposits totaling $300 or more per month into your Cash App account, Cash App will reimburse up to three ATM withdrawal fees per 31-day period. This can significantly reduce your costs and make it easier to access your money without extra charges.
Where Can I Withdraw Money from Cash App for Free?
To withdraw money from Cash App for free, you need to find ATMs that either do not charge a fee or are eligible for reimbursement by Cash App. Here are some strategies and specific locations to help you find these ATMs:
1. Network ATMs
Certain ATM networks partner with financial institutions to offer fee-free withdrawals. Look for ATMs within these networks:
Allpoint Network: With over 55,000 ATMs, the Allpoint Network offers fee-free withdrawals for many bank cards. Check if your Cash Card is eligible.
MoneyPass Network: Similar to Allpoint, MoneyPass has an extensive network of ATMs that do not charge fees. Use their online ATM locator to find one near you.
2. Partner Banks
Some banks allow fee-free withdrawals for Cash Card users. Here are a few examples:
Chase: If you have a Chase account linked to your Cash App, you might be able to use Chase ATMs without fees.
Bank of America: Similar to Chase, Bank of America ATMs can sometimes be used fee-free with Cash Card if linked appropriately.
US Bank: Known for offering fee-free ATMs for various cardholders, US Bank could be an option.
3. Retailers and Grocery Stores
Many retailers and grocery stores offer cash back options when you make a purchase. This can be a great way to avoid ATM fees altogether. Here are some popular choices:
Walmart
Target
CVS
Walgreens
Kroger
When you check out, ask for cash back, which allows you to withdraw money from your Cash App balance without any fees.
4. Avoid Out-of-Network ATMs
To minimise fees, avoid using out-of-network ATMs, which can charge additional fees in addition to Cash App's $2 fee. Always look for ATMs that are part of more extensive networks or affiliated with your linked bank accounts.
FAQs
What ATMs Are Free for Cash App?
Cash App users typically have free access to ATMs within the Allpoint and MoneyPass networks. Additionally, some partner bank ATMs, such as Chase, Bank of America, and US Bank, may offer fee-free withdrawals.
Where Can I Withdraw Money from Cash App for Free?
You can withdraw money for free from ATMs in the Allpoint and MoneyPass networks, certain partner bank ATMs, and through cash back options at retailers like Walmart, Target, CVS, Walgreens, and Kroger.
How Can I Avoid ATM Fees with Cash App?
To avoid ATM fees, receive direct deposits of $300 or more per month into your Cash App account to get reimbursed for up to three ATM withdrawals per 31-day period. Additionally, use ATMs in the Allpoint and MoneyPass networks or utilise cash-back options at retailers.
Are There Any ATMs Where I Can Always Withdraw Money for Free with Cash App?
While no ATMs always guarantee free withdrawals for Cash App users, those within the Allpoint and MoneyPass networks are your best bet. Additionally, if you meet the direct deposit requirements, Cash App will reimburse up to three ATM fees per month.
Is There a Limit on How Much I Can Withdraw from Cash App ATMs?
Yes, Cash App imposes withdrawal limits: $310 per transaction, $1,000 per day, and $1,250 per week.
What Should I Do If I Am Charged with an ATM Fee?
If you meet the direct deposit requirement, Cash App will automatically reimburse up to three ATM fees per 31-day period. If you believe you were charged a fee in error, contact Cash App support for assistance.
Can I Increase My ATM Withdrawal Limit on Cash App?
To increase your ATM withdrawal limit, ensure your account is fully verified. You can also contact Cash App support to request a limit increase.
What Happens If I Exceed My Free Withdrawal Limit?
If you exceed your free withdrawal limit, you will be charged the standard $2 fee per ATM withdrawal. Additional out-of-network fees may also apply.
Conclusion
Finding Cash App free ATMs can save you money and provide greater access to your funds. By leveraging network ATMs, partner banks, and cashback options at retailers, you can minimise or even eliminate ATM fees. Always stay informed about your account's direct deposit status to take advantage of fee reimbursements offered by Cash App.
0 notes
ailtrahq · 2 years ago
Text
A decentralized monetary system built on top of cryptocurrencies like bitcoin (BTC) and ether (ETH) is the end game of the crypto industry. This possibility remains a distant dream and certainly not helped by the harsh crypto regulatory environment in the U.S.  The crypto story is more favorable in developing economies in Asia, Africa, and South America. These regions are becoming hotbeds of crypto adoption. Individuals here look to crypto as a tool to hedge against malfunctioning government monetary policies and hyperinflation, while others use crypto for foreign remittances and dollar exposure. Let’s take a look at the ongoing cryptocurrency adoption in developing countries across the world. Central Bank Digital Currencies (CBDC) development in developing nations You may be forgiven for thinking that China has been the frontrunner in CBDC development right from the start. After all, Asia’s biggest economy has piloted its CBDC before the likes of the U.S., the U.K., and the rest of Europe. However, the first nation to develop and release CBDCs was the picturesque island nation of The Bahamas. The Bahamas launched the world’s first CBDC called the Sand dollar, in October 2020. The Sand dollar functions on top of a blockchain network and is pegged one-to-one to the Bahamian dollar.  This digital token solves real-world problems in a nation spread across 700 islands. Some Bahamian islands are incredibly remote and sparsely populated, making them unprofitable for commercial banks to set up branches and ATMs. The Sand dollar makes it easier to serve underbanked citizens who live in these regions. So far, the Sand dollar project is going well. Official statistics showed about 113,358 consumer wallets active as of August 2023 in The Bahamas, which has a population of 413,295 (according to U.N. estimates). Meanwhile, the value of the Sand dollar in circulation stood over $1 million – a figure that the Bahamian government hopes to improve through adoption incentives, education programs, and the launch of a new crypto wallet. El Salvador: The Great Bitcoin Project El Salvador made headlines in September 2021 when the Central American nation declared bitcoin a legal tender. The country’s outspoken president Nayib Bukele gained plaudits for the bold move from crypto enthusiasts, while economists called out his crypto experiment for endangering El Salvador’s economy. How has El Salvador’s crypto adoption progressed? It has been over two years since BTC became legal tender in El Salvador, and crypto adoption in the nation is going as expected – slow and steady. Crypto usage and wallet downloads of the government-endorsed crypto wallet called Chivo have fallen sharply after adoption incentives, which distributed BTC worth $30 for each downloaded, came to an end. However, crypto education is planned within schools, and it looks like the country is in it for the marathon, not the sprint. A face-to-face survey by the National Bureau Of Economic Research (NBER) of 1,800 households in El Salvador conducted in February 2022 gave some insight into the general population’s views and use: 70% of respondents were unbanked 68% of Salvadoreans were aware of the Chivo Wallet Most citizens preferred to use cash 5% of Salvadoreans have paid taxes via Chivo 3% of respondents received remittances in bitcoin via Chivo 20% of firms that responded to the survey accepted bitcoin The majority of respondents did not show a preference for accumulating bitcoin and chose to convert all the bitcoin they received into dollars For over 50% of respondents, lack of understanding and trust was the main reason not to use bitcoin A young, educated, male, and banked individual (28% of respondents) was likelier to use bitcoin. El Salvador knows that crypto adoption is a long and arduous task. The nation’s crypto industry is focused on educating the public and building trust over the long term. In September 2023, El Salvador’s Ministry of Education teamed up with crypto
education company Mi Primer Bitcoin to incorporate bitcoin education into schools by the year 2024. The path to mass crypto adoption could possibly take years or decades, but El Salvador is committed to this vision. Crypto in the Face of Inflation Bitcoin’s proclaimed properties of being a hedge against inflation is a big reason so many people are drawn to the cryptocurrency. This narrative is a significant driver of crypto adoption in developing countries suffering from the devaluation of their fiat currencies. It’s happening in several African countries. People are turning to bitcoins and stablecoins in Nigeria, Kenya, Ghana, and South Africa. The phenomenon is most prominent in Nigeria – the most populous country in Africa. In 2023 alone, the Nigerian Naira lost over 40% of its value against the U.S. dollar as of 3 October 2023. The steep devaluation of the Naira in 2023 serves as a timely reminder of the bitcoin community’s constant warning against centralized fiat currencies. This is because the fall in the Naira was a pre-meditated one, which came after newly-elected president Bola Tinubu made a series of drastic economic reforms after taking office in May 2023. One of which was forcing the Nigerian Central Bank to give up control of the Naira foreign exchange rates and introduce a free float exchange rate instead. The fall in Naira value has made imports more expensive and has caused the Nigerian economy to suffer from its worst bout of inflation in over 18 years. Nigerians have turned to bitcoins and altcoins to shield their wealth. Nigeria is among the few nations to see year-on-year growth in crypto transaction volume in 2023, according to Chainlysis, despite the ongoing crypto bear market. Similar scenarios have been observed in other nations suffering from hyperinflation, like Turkey and Venezuela. Extraordinary world events like the Russia-Ukraine war have also sparked crypto frenzies in regions affected by fiat devaluation. The Bottom Line While the U.S. gets the attention when talking cryptocurrency development, the hotbeds of crypto adoption are countries that see real-life utility in the digital currency. In the 2023 Global Crypto Adoption Index by Chainlysis, the U.S. was the only developed nation in the top 10 list. India ranked first despite unfriendly crypto regulations in the South Asian nation, while economies suffering from inflation, including Nigeria and Pakistan, made the list. While large parts of the world treat cryptocurrency as a speculative tool, its use cases are likely to flourish where crypto can make a difference in ease of use, low cost of transfer, or an inflation hedge against a devaluing fiat currency.
0 notes
mosesargueta · 3 years ago
Text
Buy Verified Cash App Account The cash app is a mobile payment system that was launched by Square Inc in early 2018. The platform has gained high popularity in the US due to its convenience and ease of use. It allows users to buy bitcoin and cash out from their verified account with an ATM option. Cash App is an online money payment system that has become famous due to its security and convenience. It is a very popular virtual payment method, but before you can use it, you have to make sure your account is verified. Verified Cash App accounts offer users the option of transferring unlimited amounts of money in a secure and easy way.
Tumblr media
Well, It’s The cash app and you can also buy verified accounts that are ready to use. The app allows users to send money to each other using its app — not a bank account or credit card needed. One can easily transfer funds between friends and family members at no cost without the need of an account number or routing number. When I say trustworthy, it simply means that you are safe when receiving any amount of money with no fears of being banned from the payment method. cash app bitcoin withdrawal limit. Buy Verified Cash App Account. Buy Verified Cash App Account
What is a Cash App? Cash App is a mobile payment service that allows users to send and receive money without the need for a bank account. Square Inc, which developed Cash App, was founded by Jack Dorsey in 2009. The company’s headquarters are located in San Francisco, California. It provides merchants with point-of-sale services as well as online. Cash App also functions like a bank account, giving users a debit card — called a “Cash Card” — that allows them to make purchases using the funds in their Cash App account. The app also allows users to invest their money and buy and sell bitcoin.
What is Benefits of using Cash App Account The Cash App provides a seamless way to transfer money between friends and family, which is particularly convenient with its quick send feature. Saves you time. You can also withdraw money from a Bank of America ATM with the Cash Card, and it’s a great solution for those who don’t have a bank account or prefer not to use one. Cash App comes with an optional free debit card, called “Cash Card,” which allows users to make transactions. If you set up direct deposit, your Cash App will reimburse you for ATM fees; otherwise the fee is $2 per transaction. Cash App offers a variety of “boosts” that help users save money when using their debit card. When you have the Cash Card, you can choose one boost per active purchase, but it’s possible to switch boosts before each purchase. Buy Verified Cash App Account. Cash App is a mobile payment app that lets you send and receive money with friends quickly and easily. Cash App also has a built-in digital wallet, so you can pay your friends back at any time or shop
Tumblr media
online. With Cash App you can: • Send and receive money instantly • Pay anyone with an email address or phone number • Get paid by 6. Cash App is beneficial to its users in that they can invest their money into specific stocks with the app. Users can buy stock in a certain company for whatever amount of money they want to invest, so there are no minimums. They can pay for the stock by using the funds in their Cash App account or if they don’t have enough, then they can 7. Cash App is a mobile app that lets users transfer money to one another and pay for things with their phones. Users can link their bank account and debit card to Cash App, and then send funds free of charge. Cash App also allows users to purchase bitcoin, but the app charges two kinds of fees: a service fee for each transaction and an additional fee based on price. How Secure Is a Cash App? Cash App uses a protocol similar to the one used by credit cards, which is secure enough for most transactions. This type of security is referred to as “PCI-DSS,” and it’s the same method used by major card companies. Payments are encrypted on both ends, so they’re just as safe as using a credit card.
Despite solid security, remember your Cash App balance is not FDIC-insured. This can be a strike against the service and something to keep in mind when you open an account. CashApp also allows you to invest in stocks and Bitcoin. If you use CashApp for investing purposes, this might amplify your concerns. CashApp is a registered broker- “The app is very new, which also makes it a little more risky,” says Shuchman. “Some of the other drawbacks include not being able to trade options and only having a limited amount of trading instruments offered.” According to Shuchman, “The platform doesn’t offer mutual funds. You also can’t trade options or some other advanced investment products. Cash App has very limited analytics and research features. It is probably not an appropriate platform for larger and more sophisticated investors,” says Shuchman.
3 notes · View notes
shirlleycoyle · 4 years ago
Text
Spike Lee Made an Ad for Cryptocurrency ATMs and It’s Bizarre
The latest attempt to push digital currency as the great equalizer comes from Spike Lee, who has directed a new commercial for Coin Cloud, a company that offers ATMs for cryptocurrencies. Yes, the Oscar-winning director of Malcolm X, Do the Right Thing, and numerous other classics of American cinema did a crypto ad. 
"Our currency is not current. Old money—as rich as it looks—is flat-out broke," bellows Lee, who’s wearing a beautiful tweed suit and straw hat and holding a cane. “They call it green, but it's only white. Where's the women, the Black folks, and the people of color? Native Americans got a nickel—a nickel! People don't even stop and pick up a nickel outside."
The gist of the commercial here is clear: Cryptocurrencies are here to save you from the marginalization and exploitation that has typically dictated how wealth is created and grown. At times, the commercial seems to contradict that messaging thoughtlessly, however. The company's motto is "Bringing Digital Currency to All," so to that end, it closes showing 10 different people: Some are Black, some are POC, some are disabled, but half of them (and the most prominently featured ones) are in suits, checking an ATM on Wall Street. People working in the financial industry—which the commercial clearly accuses of marginalizing and exploiting everyday Americans—are not the sort of folks you’d expect to be prominently featured in an ad about how cryptocurrencies will liberate and enrich people.
"Old money is not gonna pick us up. It pushes us down. Exploits. Systematically oppresses,” Lee explains. “New money is positive. Inclusive. Fluid. Strong. Culturally rich. Where status is anything but status quo."
Many online were baffled by the commercial, and wondered what compelled Lee to do such a thing. This type of promotion isn’t actually out of step for the director, who made a series of short films for Uber under the banner “Da Republic of Brooklyn” in 2018 that parroted the company’s viewpoint that gig work can be emancipatory for people of color, despite all real-world evidence to the contrary. 
“I was attracted to this project because I know a lot of people who drive on the Uber platform and it gives them the flexibility they need to pursue their dreams,” Lee said in a statement at the time. “That’s how we do it in Brooklyn–that’s the Brooklyn hustle.”
Perhaps it’s not surprising, then, that Lee would take up the cause of cryptocurrency being potentially emancipatory even as the co-creator of one of the buzziest cryptocurrencies, Dogecoin, re-emerged after years of silence to decry the entire endeavor as being a giant funnel for wealth from the bottom to the top of society. 
Marketing campaign aside, it’s clear Coin Cloud is hoping to find a way to help along and benefit from the ongoing installation boom of crypto ATMs. In 2019, there were just over 4,000 across the world. A year later, another 2,000 new machines had been installed. By the start of 2021, there were nearly 14,000 ATMs and today an estimated 23,000 are somewhere out there, according to Coin ATM Radar.
To be clear, however, the vast amount of those machines are in the United States. At the start of 2019, about 56 percent of all crypto ATMs were in the country. By 2020, that share grew to 66 percent. At the start of 2021, nearly 81 percent were in America and today it’s ticked up to 86 percent. 
Coin Cloud did not immediately respond to Motherboard’s request for comment.
On some level, it makes sense that the boom is largely contained to the United States and that this messaging in the commercial is US-specific, but it also undermines the core pitch at work here. Take a Federal Deposit Insurance Corporation study that Lee points to when saying that 7.1 million households are unbanked. Let’s move past the fact that the vast majority of the world’s unbanked are outside of America, or that when cryptocurrency projects have appeared in the Global South they have tended to resemble extractive colonial projects. 
The study Lee points actually asks people why they don’t have bank accounts, which is also illuminating. 29 percent of people said their main reason was that they didn't have enough money to meet the minimum balance requirements—48.9 percent of the people surveyed cited that as one of the reasons. A lack of trust in banks, a desire for more privacy, bank fees proving to be too high as well as unpredictable were also cited as reasons by a large number of survey respondents.
If someone is unable to afford a bank account, it’s not clear why the solution is to get them to buy a volatile asset like a cryptocurrency. Advocates maintain that cryptocurrencies are serious and simply a new type of financial asset; most Americans don’t have a serious stake in financial markets even when you factor in retirement accounts and savings even as fintech evangelists insist they’re democratizing finance for all. 
While it is possible to send huge amounts of money (think: billions) instantaneously and comparatively cheaply with Bitcoin, average individuals concerned with high or volatile bank fees are unlikely to find comfort in learning that in the span of a month, Bitcoin and Ethereum transactions fees hit an all-time high in April before dropping by 93-95 percent in June. In terms of trust, they’re also probably not going to feel any better. While cryptocurrencies are “trustless” in the sense that there is no central bank dictating the currency’s policy, there have been numerous high-profile instances of platforms collapsing or executives disappearing along with the money, as well as hackers targeting exchanges. Even the cryptocurrencies themselves are not safe, as many new coins launch with anonymous teams and scams are a frequent reality. 
"The digital rebellion is here," Lee says at the end of his bit. "Old money is out. New money is in." It’s not really clear what, if anything, the new money is going to bring besides more wealth for those who already have it. Which, you know, is what old money does.
Spike Lee Made an Ad for Cryptocurrency ATMs and It’s Bizarre syndicated from https://triviaqaweb.wordpress.com/feed/
0 notes
charisbrownsblog · 4 years ago
Text
Crypto Gambling Regulations
In this article, I am going to be finding out about the legality of Bitcoin in America and some other countries to offer you an image of exactly what can and can’t be done within the law. Additionally, I’ll be analyzing which places allow and disallow on web gambling generally speaking and the greatest Bitcoin casinos in particular. Collectively, we will observe how strictly regulated this marketplace is.
What Is The Current State Of Bitcoin Gambling Regulation?
The regulation in the area of Bitcoin gambling is extremely immature and creates numerous gaps for speculation. Operators launching their on the web casinos which will accept Bitcoin are easily confused by questionable facts and ambiguous activities of authorities when it comes to cryptocurrency.
Desiring to run their venture legally, these folks try to look away whether offering gambling solutions for Bitcoin is normally legal, if a Bitcoin gambling shop has to be licensed, and players from what countries around the world can be approved.
Key Facts On Bitcoin Gambling Legality
Currently, there are certainly no single, clear-cut answers to the queries earlier mentioned. But on the other hand, below are a few useful key points that must be recognized:
1) In general there are basically no certain laws controlling Bitcoin gambling. It’s neither legally given permission to be nor banned.
2) Attitude of numerous authorities to Bitcoin is changing incredibly promptly, with increased and even more countries around the world looking at Bitcoin positively and discussing legislation of cryptocurrencies and blockchain-based solutions. But on the other hand, many government authorities are today still not talking about Bitcoin as to real money. If it isn’t really a “real” currency, any laws around traditional (fiat currency) on the web casinos must not be applied to Bitcoin gambling platforms.
3) Regardless of the above, in parts of the world where gambling is strictly restricted, just like the United States, the authorities may still pull solid measures alongside Bitcoin gambling platforms and/or gamblers who make wagers with Bitcoin.
4) Bitcoin gambling ınternet sites provide the benefit of improved anonymity to players. Bitcoin transactions coupled with anonymizing approaches like Tor cause it to extremely hard for the authorities to track gamblers.
5) A couple of reputable gambling jurisdictions currently issue the permit to casinos accepting Bitcoin (notably, Curacao as well as the United Kingdom), which means they approve the responsibility of controlling the functionality of cryptocurrency platforms. So long as the online casino is following the regulations and rules of the chosen legislation, it works legally.
Is Bitcoin Gambling Eligible In America?
Gambling in the USA is a legal aspect that comes up regularly. With federal government regulations that conflict with state issuances, space can often be gray about which areas can service on the web gambling and which are not able to. This means that gambling with cryptocurrency, the most recent trend in investment and transaction concepts, is also a muddied matter.
Bitcoin is definitely the first and the most popular decentralized currency which allows users to make rapid, anonymous transactions. Although gambling with traditional currency has already been complicated enough in the USA, putting in this volatile BTC or other gambling tokens into the mix increases concerns.
Legislation Bitcoin remains to be hung all the way up in Congress; that’s, cryptocurrency is most not at all illegitimate. But on the other hand, in the USA, Bitcoin and other cryptocurrencies are certainly not acknowledged as legal tender. They are simply technically described as merchandise. This means that government entities need virtual coins to be verified and authorized inside the country’s database.
As being a commodity or security, government entities have got to the right capture taxes right from a person who earnings from BTC. Investors and traders alike are actually by law obligated to fork over a large amount of their revenue to Uncle Sam-if you gamble with Bitcoin and earn, the pertains to you as well. Although this topic is fast-paced, the consensus is the fact that Bitcoin is currently legal in the states and controlled to the point of taxes.
In the event that online gambling with fiat cash is announced legal in your country, then is considered more than likely that gambling with Bitcoin is eligible as well. Here is a glance at a few of the most on the web gambling and bitcoin-friendly countries around the world to this point.
Bitcoin Gambling Legality in Australia
On the web gambling status: Friendly
Bitcoin status: Extremely friendly
It’s legal for residents in Australia to gamble on the web, however, it is illegal for gambling providers to give their services from within the country. This means that on the web casinos operating in legal jurisdictions have to offer solutions to gamers in Australia.
The Australian authorities are all for the use of cryptocurrencies – when it is properly regulated for the safety of its residents in addition to systems in place to avoid money laundering. Within the topic of Bitcoin, in particular, the governor of the Reserve Bank of Australia has left a comment that using Bitcoin is absolutely legal, adding there’s basically no legislation to prevent that.
Bitcoin Gambling Legality in Canada
On the web gambling status: Friendly
Bitcoin status: Extremely friendly
Just like Australia, Canada allows its citizens to gamble on the web, but, it prohibits gaming that is provided by a company that is not owned or operated, or certified by provincial authorities. In regards to Bitcoin use, in particular, it seems the Canadian authorities have made no formal restriction relating to the cryptocurrencies’ use.
A light limitation is a positive gain for Bitcoin users as Canada was the first of all nations across the world to pass regulation surrounding Bitcoin, they appear to have to lead the way for including approaches to protect users while permitting the cryptocurrency to prosper. More and more top-ranking Canadian casinos approve transactions in bitcoins. During 2013 the first Bitcoin ATM was mounted in Vancouver and now there are about 205 bitcoin ATMs r and tellers through Canada, with Toronto and as well, Vancouver called the Bitcoin hubs.
In conclusion, for those who are gambling on the web in Canada with Bitcoin, you’re not controlled by any regulation, unless you are an on the web gambling merchant or Bitcoin broker.
Bitcoin Gambling Legality in the UK
On the web gambling status: Regulated, friendly
Bitcoin status: Extremely friendly
It’s legal to gamble on the web in England, provided that the gaming provider has employed for and has been lately awarded a UK Gambling Commission payment (UKGC) issued Remote Gaming Permit. Since August 2016, the UKGC legally gave great Britain licensed on the web casinos permission to simply accept bitcoin as a deposit and cash out medium.
To decrease incidents of money laundering, also because of bitcoin’s huge impact on web gambling’s popularity, the Bank of England continues to be keeping its eye on Bitcoin technology and improvements, also requesting residents to share thoughts on approaches to enhance its monetary system.
In England, Bitcoin is recognized as “private money” and VALUE-ADDED TAX is applied as regular. All trading exchanges for goods and services that approve Bitcoin and various other cryptocurrencies happen to be taxed.
Bitcoin Gambling Legality in France
On the web gambling status: Regulated, friendly
Bitcoin situation: Friendly
From the advent of the roulette wheel to the initial variant of baccarat, France contributes to the birth of many of these forms of gambling we use at the moment. Nevertheless, any kind of form of gambling in France needs a permit, although the regulations are not in particular strict – authorities that monitor gambling do so essential in order to keep French citizens from getting addicted.
Bottom line
Generally speaking, Bitcoin gambling is eligible since it is not targeted as a specific illegal endeavor. Due to differing laws by state, you should reflect on two things: if Internet gambling is limited where you reside, and if Bitcoin is limited as a payment solution within your state. All states can easily bet international on approved ınternet sites; which is a current afforded.
But states that complicate virtual currency could doubtless slap you with legal action if they need licenses to transact with Bitcoin. A state just like Connecticut may construe depositing Bitcoin into a gambling shop account to be selling your cryptocurrency and as well, slap you with a fine for doing this without a certificate.
Action against virtual currency fanatics is essentially unheard of this way, most importantly amongst the gambling realm. As long as you do your research, pay taxes, and do not knowingly break state legislation, Bitcoin Gambling is safe.
1 note · View note
fnewstoday · 5 years ago
Text
Credit Card Market News And Changes In The Next Few Years
Almost every second American has several bank cards, that is why credit card market news are relevant for most residents of the USA. Such a variety of cards is due to the fact that they are allocated for various needs. Some, for example, are used to pay for daily purchases, others are saved for large expenses, others for travel and so on. This is due to different conditions for each of the cards. In this country, a credit rating is asked everywhere. Without certain level of credit score, you cannot profitably rent a house or buy a car. Of course, it is permitted to make transactions without a credit rating, only their conditions due to the fact that the company has no idea about your solvency and discipline will be less profitable. So, in America everything is tied to a credit rating, and it, in turn, starts with the use of credit cards.
Tumblr media
The-future-of-credit-cards
Credit card features
The conditions of some credit cards are designed in such a way that they are convenient and beneficial for small purchases. For example, they have a very low interest rate, but with it a small grace period. Other credit cards are selected according to the type of accrued bonuses and it is advantageous to use them to compensate for part of the costs. Therefore, you need to pay attention to all these parameters when choosing the offers that are right for you, and therefore you should be aware of credit card market news. There have always been many banks in America. Some of them entered the national and international market, others operate on the territory of a particular state. There are thousands of them and in the conditions of fierce competition, banks offer their customers various credit programs with all kinds of bonuses. Citizens of America have learned to profitably play on the privileges offered by banks. You just need to choose some of the most favorable options for your life conditions, needs and income level. From credit card market news, you can find out that American banks also offer their customers special credit programs, choosing the conditions of cards in such a way that they are beneficial for certain actions. For example, many banking institutions offer special cards to raise credit ratings. They, as a rule, are deprived of additional bonuses, such as cashback, and have rather bad conditions for the client. But they are issued even to those with a poor credit rating, and frequent use and timely repayment of debts provide a chance to increase it. Some large stores issue their own credit cards, which can only be utilized in that stores for payments. For example, the Amazon Store and Amazon Prime cards issued by Synchrony Bank are an excellent instance of such an offer. All customers can get the Amazon Store, unlike the Amazon Prime card which may be available only to owners of a premium account. These credit cards have a fixed interest rate of 25%, but the Amazon Prime Store Card offers 5% cashback. Almost all credit cards can be ordered online and picked up by mail. It takes a different amount of time, but overall it is a hassle-free and quick procedure. However, consumer lending is gradually going online. Credit cards were no exception, and therefore new solutions in this segment are increasingly appears on the market, which over time can change the industry beyond recognition. Typically, most banks seek to offer their customers classic credit cards above all. This product is often offered somewhat intrusively in one way or another, while there are not so many really good and convenient offers from traditional banks. In addition, the process of obtaining a card over the past few decades has not changed significantly. For many years this could only be done at banks offices. Card delivery by courier or mail was considered a real breakthrough several years ago. Of course, plastic cards improved and changed over time, for instance, the built-in microchip replaced the magnetic strip, but basically the product remained the same as it was.
Tumblr media
Virtual-credit-cards
Virtual credit cards
Meanwhile, credit card market news reports that contactless payment technologies, in particular Google Pay and Apple Pay, are gaining more and more popularity. The development of such services essentially means that the days of plastic cards are numbered. In some European countries, more and more ATMs are appearing, allowing customers to withdraw cash from their accounts without using cards. Identification of account holders takes place via SMS, in which they receive a unique code to complete a transaction at an ATM. Also, in some countries of the world, new generation of payment cards with wider functionality are being developed. For instance, smart cards are gaining popularity in Japan, which, in addition to payment functions, can be used for identification, travel on public transport, as well as for various benefits or discounts in retail networks. The introduction of such products creates opportunities for expanding intersectoral integration. However, in order to succeed in the market, a truly revolutionary product is simply obliged to meet all the existing demands of the modern consumer. It should be characterized by the availability of convenient service, security, attractive service conditions and advanced functionality. In the age of the Internet, credit cards must comply with the “spirit of the high-tech times”.
Apple card
In August 2019, Apple - the most successful mobile technology seller announced the launch of the Apple Card virtual bank card. Goldman Sachs, an investment bank, acts as a credit card issuer in partnership with the Mastercard payment system. For the present it is available only in the United States. Users can apply an Apple credit card on their own in a few minutes in the Wallet application. To get a card, you need a smartphone with iOS version no lower than 12.4 and an American Apple ID account. At the registration stage, you will need to enter the mailing address, date of birth, income level and the last four digits of the social security number. Then this data will be sent to Goldman Sachs, after which the bank representative will approve or reject the application. As soon as the application is approved, the credit card will immediately appear in the Wallet application. There you can view information about expenses, payments, accrued cashback. Spending is categorized automatically. Each card is assigned a virtual number for the possible cases when seller does not support the Apple Pay payment function. The Apple Card itself has no expiration date or security code. You can block it with one touch in Wallet, but to completely deactivate the card you need to write or call Goldman Sachs. For purchases with the Apple Card 2% cashback is credited once a day, including digital goods in the App Store, for payment with a physical card or virtual number 1% cashback will be credited. The annual interest rate will be from 12.99 to a little over 24%. Apple will not charge fee for annual maintenance, deferred payments, or international transactions. If it is desired, the user can order a physical card made of titanium. An NFC chip is built into such a credit card for making contactless payments without a smartphone.
The future of credit card market
Similar products will increasingly appear on the market in the future, which can be found out almost daily from credit card market news. Thanks to the development of financial technologies, the largest online trading platforms and retail chains have received a whole line of possible payment options for every taste, depending on the preferences of their customers. Buyers began to use various electronic wallets, cryptocurrencies, rechargeable prepaid cards, PayPal, Google Wallet, Bitcoin, Amazon Payments and many others. It is worth noting that due to the factor of transaction speed and ease of processing, the rate of active users for virtual cards is an order of magnitude higher than for holders of classic credit cards. After attaching to Google Pay and Apple Pay services, a virtual card can be used not only on the Internet, but also in ordinary offline stores. This trend has flaws, but overall is the driving force behind increasing sales and improving online sales services. Thus, traditional plastic cards will probably irrevocably become a thing of the past within closer 10 years.
Tumblr media
Start-using-a-credit-card-today
Start using a credit card today
Every ordinary American has two to three credit cards. People try to keep track of credit card market news, and parents teach children how to use a credit card correctly starting from high school. There is even the opportunity to open an account in the name of the child. All this is due to both favorable credit conditions and the fact that living without a credit card in the USA is extremely inconvenient. The formation of a positive credit rating most often begins with a credit card. The easiest way is to order a credit card with a security deposit and gradually increase your credit rating to receive other more advantageous offers. For example, having placed 2-3 thousands of dollars on such a deposit and actively using the card during the year, it is quite possible to earn more than 700 points in the credit rating, which is already considered a fairly high position and opens up access to more advantageous credit terms. Then select a bank card that matches your expense and avoid delays. You can apply a credit card almost anywhere by providing the lender with identification documents and some personal information. If you choose a credit card in accordance with your lifestyle and use it wisely, then this can be done completely free of charge. You will be able to pay for its service much less than the bank will accrue to you in the form of bonuses, and you will also earn a good credit history, which will allow you to take larger loans on favorable terms in the future. Read the full article
1 note · View note
pullfelo-blog · 6 years ago
Photo
Tumblr media
You definitely will be curious to know about the hidden secret in our title. This cash out card is basically an ATM card which we give you so that you can use your bitcoins as a real cash. The reason of developing such an easy-going offer for you is to bring you out of all such tiring situations where you have to effort a lot to get your bitcoins as a real cash. We are a company from AMERICA but whole world is taking advantage of our this service. Bitcoin is not an officially accepted currency but how’s it possible that Bitcoin debit card doesn’t provide you any alternative solution for this.
1 note · View note
wafact · 2 years ago
Text
Have Bitcoin ATMs Become Money Laundering Tools?
This month, the crypto world was shaken by a new crime drama involving Bitcoin Automated Teller Machines (ATMs). The execs of one of the biggest crypto ATM operators were arrested and charged, bringing back concerns about how crypto tellers are used. Fourth-Biggest Bitcoin ATM Operator Under Investigation Bitcoin of America, the fourth biggest Bitcoin ATM operator in the United States, might be…
Tumblr media
View On WordPress
0 notes
suzixuku-blog · 6 years ago
Text
Unbiased Report Exposes the Unanswered Questions on Sierra Leone Visa
http://www.ivisa.com/sierra-leone-visa-on-arrival
The Appeal of Sierra Leone Visa The accommodation is really basic. Costs for removals can fluctuate greatly. Make certain you have liability insurance.
There's a supermarket Auchan nearby and Ecobank should you will need an ATM. Very good job you can receive a massage for 5. So, the neighborhood landscape is principally made from regional papers that just start to come up with an intriguing photography direction.
Sierra Leone Visa Ideas It isn't important, Louvre Duty Free Shop will enable you to solve these difficulties! The cost is in UDD as it's an English based company. Moreover, for these two areas, direct contact with suppliers is crucial, which is somethingn't easily replicable by these players.
I don't understand what's happening with Mr. Trump's claim that his ban isn't religion-based. Congress considers that many of money. Representatives are readily available to secure you the answers you need when you have questions at any moment during the application approach.
Things You Won't Like About Sierra Leone Visa and Things You Will For every single career seeker who'd love to join our system of job searching. Home for them as well as for a lot of us is a moving target, a patchwork quilt that's stitched with nuggets of distinct experiences, different sensibilities from each and every place we've lived for a little while, of every location where we wish to go and live for a little while and far more. Either you take work and earn money and help your loved ones or you die starving.
Under those conditions, you're not losing anything. Experts from all over the world were helping dig mass graves and attempting to treat Ebola patients. The region is going to be the source of over half the new passengers over the subsequent two decades.
Now all of the clearinghouse is equipped to get is the range of detainers requested. Swift will decide whether or not you require a visa, and will email you instructions if you do need a visa. There were some terrific presentations, and several of them were refreshingly short.
Simply speaking, Passport Health Passports and Visas handles the whole visa process for your benefit. Don't panic, it's very easy to do. Sierra Leone nationals need a visa for the UK, which may only be issued in a complete passport.
As it's possible to gather information, you might have numerous questions that arise, and you may not be sure how to get answers to questions on studying in the united states. Furthermore, there's a feeling of urgency as more and more young folks are turning to violence to share their frustration about lack of progress. If you're uncertain what questions to ask, an excellent means to find out more info on studying in the usa is to observe the answers which were given to other students who asked questions.
If you're on land and are transiting through Sierra Leone, you need a single-entry visa for a minimum. If you're a citizen of america and plan on traveling to Brazil, you will want to acquire a tourist visa before you're allowed to join the nation. Africa is divided into an important number of ethnic cultures.
The western cultural imperialism ought to be provided a new appearance. Then, there are a few countries somewhere in the center. It turned out to be a whole other world.
Unfortunately, there's no absolutely free iCloud unlock solution is effective. In most situations it is only a formality if you abide by the proper practice. It's potentially a good small business model too.
These locations can't use the charge card purchase method on Paybis. The perfect way to present a seamless checkout experience is to integrate with an internet payment solution that delivers a branded and hosted checkout. At this time you're prepared to put in your credit card details.
If you decide to drive a vehicle in Sierra Leone, learn the neighborhood traffic laws and have the right paperwork. It's important to not forget that if we discuss blockchain, it's not as an anonymous cryptocurrency (bitcoin). Occasionally it's just that easy.
1 note · View note
vanessawestwcrtr5 · 6 years ago
Text
How Accepting Bitcoin Can Help Your Business
How Accepting Bitcoin Can Help Your Business
January 3rd, 2009, the genesis block of bitcoin of bitcoin was launched by the anonymous founder Satoshi Nakamoto. In that genesis block was written a very important statement about why bitcoin was created and a sign of the times in the failure of monetary policies of central banks and governments. Bitcoin is like rat poison for all the bankers as it is designed to bring the whole system down.
Bitcoin has been declared dead hundreds of times by the media and Bitcoin has survived all kinds of FUD such as Mount Gox, China crackdown and a lot more but bitcoin keeps pressing on which shows the resilience of the community and the network together to continue in the phase of all of these different things happening. No one has been able to stop bitcoin yet and as mentioned Satoshi Nakamoto to this day remains a mystery.
  Ross Ulbricht:
Ross Ulbricht is still in jail to this day because of his grand crime of hosting a website where people bought and sold substances that could alter their conscience personally and a lot of that was done using. The fact that he is still in jail just screams of the overall injustice of the entire system that we are facing to this day.
  Bitcoin Forks:
The forkers in the market have gone off and forked bitcoin quite a few times but it seems that Bitcoin or BTC particularly has been decided on at this time by the market. All of the alternative visions of bitcoin particularly bitcoin cash and bitcoin satoshi vision are really struggling especially after their most recent split up. The market is choosing BTC and not Bitcoin Cash or Bitcoin Satoshi Vision.
  Censorship Resistance
There has been a lot of interesting things happening in the bitcoin space recently. BlockStream‘s satellites, for example, are going to next level censorship, you do not need the internet to connect, you can connect directly by a small dish on your house to the satellites in space. This is a very big development as it helps reach so many people that don’t actually have regular access to the internet. Right now, BlockStream’s satellite covers almost all regions of the world.
  Lightning Network:
Lightning Network is a second layer scaling solution and it is growing all the time. It has surpassed a 510 bitcoin capacity currently, the number of channels over the last month in December has grown by 26%. There are different companies that are working on these implementations for lightning payments and as such, it is only getting bigger all the time and the technology is only getting better. Lightning will be a serious factor in the future of bitcoin in terms of scalability.
  Snort Signature
Snort Signatures are digital signatures scheme which at a technical level is going to give bitcoin users a new way to generate cryptographic keys, also increasing bitcoin’s privacy and scalability. So this is a very important thing. It is worked on at the moment, we don’t have that implemented yet but it is coming and when it does come it will be an important part of the technical features of bitcoin.
  Bitcoin Side Chains:
Bitcoin Side Chains are also very important in terms of expanding the use cases and functionality of the bitcoin mainchain. RootStock, for example, will bring smart contracts to bitcoin. BlockStream’s liquid will help to ease transactions between liquid providers. So a lot of things are happening in terms of making it more usable.
The hashrate is incredibly secure and although we have seen the hashrate decline as the price of bitcoin has gone down but if you compare today’s hashrate with the hashrate a year ago, we see a significant difference. The network is more secure than it has ever been.
  Actual Access:
In terms of actual access, that’s also growing all the time. We have more and more fiat onramps for people to be able to buy bitcoin. Even though we still have domination of US dollar and Japenese Yen, Exotic currencies are being added. For example, Binance recently debuting in Uganda and letting people invest with the local currency there. We need to see this happening in more countries so we can have more fiat onramps and make it easy for people all around the world to get into crypto. The numbers are stacking up really well for bitcoin.
In terms of brand, the brand has never been stronger for bitcoin. More people know about bitcoin today than ever and that’s something very important to keep in mind. We have had a veritable explosion of bitcoin ATM’s in 2018 making access even easier for people. Paxful is reporting that in 2018 bitcoin sales were up by 20% in Africa which is great considering the bear trend in 2018. Record transactions are happening on Localbitcoins in countries like South America, Colombia, Venezuela, and Peru. People are getting into it and its expanding. That’s a really important thing to see bitcoin expanding to the corners of the world.
  Proof of Keys Event:
Trace Mayer has organized the Proof of Keys Event. Proof of keys is an event happening today in which you take your crypto off the exchanges especially bitcoin and hold it in a wallet which you control the keys. The idea here is that there may be a lot of exchanges which may not have as much bitcoin as they profess to have. These third-party centralized exchanges have been a real bane to the crypto scene overall. Some of them are good actors but not all of them are. We have so much volume spoofing and all these different things going on that it is incredibly problematic and some of them may not actually have as much bitcoin as they say they have. So Trace Mayer is encouraging everyone to withdraw their bitcoins from the exchanges and put it in a wallet in which they control the private keys. We as a crypto community should always stand up to take a part in these events that are actually very important for the future of bitcoin and to end decentralization.
Original Source http://bit.ly/2RbyMdm
2 notes · View notes
bitcofun · 3 years ago
Text
What Is A Bitcoin ATM? A Bitcoin ATM is a device that purchases or offers bitcoin for money. These ATMs appear like conventional ones, however they do not link to a savings account. Rather, they link the client with a Bitcoin exchange. Bitcoin ATMs can be a fast and simple method to purchase bitcoin, and they're likewise among the most personal methods to do so. Some Bitcoin ATMs even permit you to purchase bitcoin with money without needing a savings account. A Brief History Of Bitcoin ATMs The very first Bitcoin ATM was set up in October 2013 in Vancouver, Canada The maker enabled individuals to exchange their Canadian dollars for bitcoin. Ever since, the variety of Bitcoin ATMs has actually blown up. Since March 2022, there were over 8,000 Bitcoin ATMs around the globe, with a bulk of them remaining in North America (4,854), Europe (2,177), and Asia (587). Now, more current numbers position the overall over 35,000 worldwide. How Do Bitcoin ATMs Work? Bitcoin ATMs work by linking to a Bitcoin exchange. When you utilize a Bitcoin ATM, the device will offer you money in exchange for your bitcoin, or bitcoin in exchange for your money. The currency exchange rate of bitcoin will depend upon the existing market rate at the time of the deal. What Are The Types Of Bitcoin ATMs? Generally, there are 2 primary kinds of Bitcoin ATMs: One-way and two-way. One-way Bitcoin ATMs just enable you to purchase bitcoin, while two-way makers let you purchase and offer. Advantages Of Using A Bitcoin ATM? Bitcoin ATMs use a number of benefits: They're fast and simple to utilize-- you can be up and running in minutes. They're more personal-- you do not constantly require to provide much individual details to the maker. Some just need a mobile number to negotiate, permitting the possibility of utilizing a "burner" contact number. They're hassle-free-- you can utilize them anytime, day or night. What Are The Disadvantages Of Using A Bitcoin ATM? Bitcoin ATMs likewise have some drawbacks: They can be pricey-- some makers charge high charges ( approximately 20%) for each deal. They might not remain in your location-- devices tend to be focused in highest-population cities and areas. They're not constantly trustworthy-- some makers have actually been understood to breakdown or perhaps vanish. Where And How To Find A Bitcoin ATM? If you wish to discover a Bitcoin ATM near you, Coin ATM Radar is a terrific resource. Simply enter your area, revealing you all the close-by makers. How To Use A Bitcoin ATM? Using a Bitcoin ATM is reasonably basic. Simply follow these actions: Find a device near you. Insert money into the device (the quantity will be transformed to bitcoin at the present market rate). Enter your wallet address into the device (this is where the bitcoin will be sent out). Confirm the deal. Collect your money or bitcoin. What Are The Steps To Send Cash To Someone Using A Bitcoin ATM? If you wish to send out money to somebody utilizing a Bitcoin ATM, follow these actions: Find a device near you. Type the quantity of money you wish to send out (the quantity will be transformed to bitcoin at the present market rate). Enter the recipient's wallet address into the maker. Confirm the deal. The recipient will get the bitcoin in their wallet. How To Withdraw Cash From A Bitcoin ATM? If you wish to withdraw money from a Bitcoin ATM, follow these actions: Find a maker near you. Enter the quantity of bitcoin you wish to offer (the quantity will be transformed to cash at the existing market rate). Enter your wallet address into the device. Confirm the deal. Collect your money from the device. What Are The Fees For Using A Bitcoin ATM? Bitcoin ATM costs can differ depending upon the device and area, however they are generally around 5-8% Some gadgets might likewise charge extra charges, such as the "network charge," which goes to the operators of the Bitcoin network itself, not the exchange. Are Bitcoin ATMs Safe? Bitcoin ATMs are typically safe to utilize, however there have actually been some reports of frauds and thefts.
It would assist if you looked for the evaluations and track record of a device prior to utilizing it. The Bottom Line Bitcoin ATMs are an ideal method to purchase and offer bitcoin, however they feature some threats. Make certain to utilize makers from reliable business which prevent needing you to send out cash to a third-party wallet. This is a visitor post by Alice Mackenzie. Viewpoints revealed are totally their own and do not always show those of BTC Inc. or Bitcoin Magazine. Read More
0 notes
electrumpartners-blog · 7 years ago
Text
Intro Of Bitcoin Will Help You Get More Business
Bitcoin has remained in the information the last number of weeks. However, a lot of people are still not aware of them. Could Bitcoin be the future of online money? This is just one of the concerns, often asked about Bitcoin
Exactly How Does Bitcoin Job?
Bitcoin is a kind of electronic currency (CryptoCurrency) that is autonomous from typical banking and also entered into blood circulation in 2009. According to a few of the top online investors, Bitcoin is considered as the most effective understood digital currency that relies on local area network to address complicated mathematical issues, to validate and videotape the details of each deal made.
The Bitcoin exchange rate does not depend on the central bank, and also no solitary authority governs the supply of CryptoCurrency. However, the Bitcoin rate depends on the degree of self-confidence its customers have, as the much more major companies accept Bitcoin as a technique of payment; the extra effective Bitcoin will come to be.
Tumblr media
Benefits as well as Dangers of Bitcoin
Among the benefits of Bitcoin is its low rising cost of living risk. Traditional money struggle with inflation and also they often tend to lose their acquiring power yearly, as governments remain to utilize quantitative relieving to boost the economic situation.
Bitcoin does not struggle with the low rising cost of living, because Bitcoin mining is restricted to just 21 million units. That suggests the launch of new Bitcoins is reducing and also the total will certainly be extracted out within the following couple of decades. Experts have predicted that the last Bitcoin will be mined by 2050.
Bitcoin has a low threat of collapse, unlike standard money that relies on federal governments. When currencies collapse, it brings about hyperinflation or the wipeout of one's cost savings in an immediate.
Bitcoin exchange rate is not regulated by any government and is digital money readily available globally.
Bitcoin is very easy to bring. A billion bucks in the Bitcoin can be kept on a memory stick and also placed in one's pocket. It is that very easy to transport Bitcoins compared to paper money.
One drawback of Bitcoin is its untraceable nature, as Governments and other organizations cannot trace the source of your funds and also because of this can attract some deceitful people.
Exactly How to Generate Income with Bitcoin
Unlike various other currencies, there are three ways to make money with Bitcoin, conserving, trading and also mining. Bitcoin can be traded on open markets, which indicates you can purchase Bitcoin reduced and sold them high.
Volatility of Bitcoin
The worth of Bitcoin dropped in recent weeks because of the abrupt blockage of trading in Mt. Gox, which is the biggest Bitcoin exchange in the world. According to unproven resources, trading was quiet due to malleability-related theft that was claimed to be worth more than 744,000. The event has influenced the confidence of the financiers to the virtual currency.
According to Bitcoin graph, the Bitcoin exchange rate went up to greater than $1,100 last December. That was when even more individuals realized about the electronic currency, then the incident with Mt. Gox took place as well as it went down to around $530.
In 2014, We expected rapid growth in the popularity of bitcoin worldwide with both vendors and also consumers, Stephen Set, BitPay's founder and CTO, â $ as well as anticipate seeing the greatest development in China, India, Russia as well as South America.
India has currently been mentioned as the following most likely popular market that Bitcoin might move right into. Africa can also profit extremely from making use of BTC as a currency-of-exchange to navigate not having a functioning central bank system or any other nation that relies heavily on mobile settlements. Bitcoin's development in 2014 will be led by Bitcoin ATMs, mobile apps and devices.
World Knowledge Bitcoin
More people have accepted making use of Bitcoin as well as advocates wish that a person day, the digital currency will be made use of by customers for their online purchasing as well as various other electronic deals. Significant business has currently accepted repayments using the online currency. Some of the big companies include Fiverr, TigerDirect and also Zynga, to name a few.
The Future of Bitcoin.
Bitcoin works, but critics have claimed that the electronic currency is not ready to be utilized by the mainstream as a result of its volatility. They also point to the hacking of the Bitcoin exchange in the past that has caused the loss of some countless bucks.
Tumblr media
Fans of electronic money have said that there are more recent exchanges that are supervised by economists and also venture capitalists. Professionals added that there is still hope for the virtual currency system and the anticipated growth is massive.
I wish this short article has assisted you all to acquire a much more clear understanding of Bitcoin, the possibility, does Bitcoin job and also exactly how Bitcoins work. For even more short articles about Bitcoin, weekly fads, info and also updates, register for our blog post.
1 note · View note
letizo873 · 3 years ago
Text
Introduction to Bitcoin
Bitcoin has been in the news the last couple of weeks, but a lot of people are still unaware of them. Could Bitcoin be the future of online currency? This is just one of the questions, frequently asked about Bitcoin.
How Does Bitcoin Work?
Bitcoin is a type of electronic currency (CryptoCurrency) that is autonomous from traditional banking and came into circulation in 2009. According to some of the top online traders, Bitcoin is considered as the best known digital currency that relies on computer networks to solve complex mathematical problems, in order to verify and record the details of each transaction made.
The Bitcoin exchange rate does not depend on the central bank and there is no single authority that governs the supply of CryptoCurrency. However, the Bitcoin price depends on the level of confidence its users have, as the more major companies accept Bitcoin as a method of payment, the more successful Bitcoin will become.
Benefits and Risks of Bitcoin
One of the benefits of Bitcoin is its low inflation risk. Traditional currencies suffer from inflation and they tend to lose their purchasing power each year, as governments continue to use quantative easing to stimulate the economy.
Bitcoin doesn't suffer from low inflation, because Bitcoin mining is limited to just 21 million units. That means the release of new Bitcoins is slowing down and the full amount will be mined out within the next couple of decades. Experts have predicted that the last Bitcoin will be mined by 2050.
Bitcoin has a low risk of collapse unlike traditional currencies that rely on governments. When currencies collapse, it leads to hyperinflation or the wipeout of one's savings in an instant.
Bitcoin exchange rate is not regulated by any government and is a digital currency available worldwide https://letizo.com/cryptocurrencies/ethereum/.
Bitcoin is easy to carry. A billion dollars in the Bitcoin can be stored on a memory stick and placed in one's pocket. It is that easy to transport Bitcoins compared to paper money.
One disadvantage of Bitcoin is its untraceable nature, as Governments and other organisations cannot trace the source of your funds and as such can attract some unscrupulous individuals.
How to Make Money with Bitcoin
Unlike other currencies, there are three ways to make money with Bitcoin, saving, trading and mining. Bitcoin can be traded on open markets, which means you can buy Bitcoin low and sell them high.
Volatility of Bitcoin
The value of Bitcoin dropped in recent weeks because of the abrupt stoppage of trading in Mt. Gox, which is the largest Bitcoin exchange in the world. According to unverified sources, trading was stopped due to malleability-related theft that was said to be worth more than 744,000. The incident has affected the confidence of the investors to the virtual currency.
According to Bitcoin chart, the Bitcoin exchange rate went up to more than $1,100 last December. That was when more people became aware about the digital currency, then the incident with Mt. Gox happened and it dropped to around $530.
In 2014, We expect exponential growth in the popularity of bitcoin around the world with both merchants and consumers, Stephen Pair, BitPay's co-founder and CTO, “and anticipate seeing the biggest growth in China, India, Russia and South America.
India has already been cited as the next likely popular market that Bitcoin could move into. Africa could also benefit hugely from using BTC as a currency-of-exchange to get around not having a functioning central bank system or any other country that relies heavily on mobile payments. Bitcoin's expansion in 2014 will be led by Bitcoin ATMs, mobile apps and tools.
World Experiences Bitcoin
More people have accepted the use of Bitcoin and supporters hope that one day, the digital currency will be used by consumers for their online shopping and other electronic deals. Major companies have already accepted payments using the virtual currency. Some of the large firms include Fiverr, TigerDirect and Zynga, among others.
The Future of Bitcoin
Bitcoin works, but critics have said that the digital currency is not ready to be used by the mainstream because of its volatility. They also point to the hacking of the Bitcoin exchange in the past that has resulted in the loss of several millions of dollars.
Supporters of digital currencies have said that there are newer exchanges that are supervised by financial experts and venture capitalists. Experts added that there is still hope for the virtual currency system and the predicted growth is huge.
I hope this article has helped you all gain a much more clear understanding of Bitcoin, the potential, does Bitcoin work and how Bitcoins work. For more articles about Bitcoin, weekly trends, information and updates, subscribe to our blog post.
Tumblr media
1 note · View note