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The Greenfield Group December 17, 2013January 10, 2016 Like Wow!Have you heard of Bitcoin?It is the digital online payment network/finite currency that has been all over the news lately.It has very interesting properties, one of which being that there is no central authority.If you want to learn more about Bitcoin, feel free to watch this short video HERE, but beware, it is a bit confusing.Now forget about that fad and listen to the real deal.Dogecoin, the first digital currency based on a meme, is surely here to stay.All joking aside, this currency is really picking up steam.DOGE’s are less than 10 days old from their conception, yet they are racking up numbers that are impressing even long term crypto-currency believers.With reddit, 4chan, and numerous other social media outlets to support it, DogeCoin might actually have some long term potential.If you read the forums regarding this hilarious broken English meme based currency, individuals are becoming true believers in how viral it can go.
Not to bore anyone with technicalities, but there is actually a mass influx of “miners” “digging” for Dogecoin, making it more secure for transactions.Currently 1DOGE is only trading for $0.00028, as you can see HERE (site that compares to the dozens of other digital currencies).As of now, there is only one place you can purchase Dogecoin out right, and you must first have Bitcoin to do it./r/dogecoin/ and beg for some.Who knows where this may go, but follow it closely, because you don’t want to be the last of your friends and followers begging for some.So what are you waiting for.Go make much profit.The price of Bitcoin has rocketed following Britain's decision to leave the EU.The currency is up 7% and, at the time of writing, one Bitcoin is worth 477 GBP.The expected remain result yesterday caused the value of the pound to temporarily bounce back.But this morning's shock result has seen it fall to its lowest value since 1985.The pound is down 6.44% against the euro and 10% against the dollar.
Meanwhile, Bitcoin fans were excited to see the digital currency gain 20% in the last 24 hours.The currency has bounced back after a slump that followed good performances in May.Bitcoin evangelists are now hailing Bitcoin as a new "safe haven investment".Whether the "cryptocurrency" will hold its high value amid today's tumult is yet to be seen.Did you buy Bitcoin after Brexit?YES NO Read More Referendum results Live referendum results How did my area vote?David Cameron RESIGNS Sinn Fein demands poll on united Ireland Pound plunges Second Scottish independence vote?What happens to passports?Skip to main content View published Mike Tyson Takes a Bite at the Bitcoin Market Mike Tyson is getting into the bitcoin market, apparently sponsoring an ATM that allows users to convert real-world cash into the digital currency.Tyson, who was the former heavyweight boxing champion of the world, tweeted on Saturday the link to a website advertising the "Mike Tyson Bitcoin ATM" coming in August of this year.
The site boasts that "Mike Tyson's fastest knock out in the ring was 30 seconds.The Mike Tyson Bitcoin ATM can turn your cash into bitcoin in under 20 seconds."Related: Proposed Bitcoin Rules Threaten Emerging Digital Currencies "I'm very proud to be a part of the Bitcoin revolution," Tyson said in a statement provided by his spokeswoman."Digital currency is the future and the more I learn about it the more intrigued I become.Digital currency is going to level the playing ground for those that want alternatives for financial freedom."bitcoin iklan"No one knows better than I how uncertain the economy can be and at this juncture in my life it is imperative that I am proactive about my financial planning and for me it includes Bitcoin," he added.bitcoin jerry brownStill, tech news site SiliconAngle reported that Tyson himself may have been "suckered into a deal by a fast talker who has promised him millions if he gets involved and lends his name to the enterprise."bitcoin mining server hosting
's registration to a Peter Klamka, who is connected to Bitcoin Brands—a firm with a paltry $6,780 market cap according to Google Finance.Speaking to CNBC over the phone, Klamka disputed that account, saying that Bitcoin Brands has nothing to do with his Tyson venture, which operates under the moniker Bitcoin Direct LLC.Related:  Fearing return to drachma, some Greeks use bitcoin to dodge capital controls This new firm (which Klamka says is a subsidiary of cattle companyConexus Cattle "for financing") seeks to create a whole suite of celebrity bitcoin-related products.bitcoin market gets a lift from chinaHe told CNBC that he came to the idea after previously working with celebrity credit cards tied to Kiss, Donald Trump and Hello Kitty.bitcoin trade uaeThe Tyson-branded bitcoin ATMs, which are slated to launch in two Las Vegas locations in about three weeks, will feature "Mike branding on the software" and will "hopefully have the ability to build a database of Mike's fans that are bitcoin users," Klamka said.bitcoin kurs app
The venture is a 50-50 split between Tyson and Bitcoin Direct, he added.This article originally appeared on CNBC.Read more from CNBC: The Carbon ConfederacyThe real casulties of China's Market MeltdownWhy Americans like planet Pluto so much ▶ Join the DiscussionIn my previous posts (here, here, here, here and here) I’ve highlighted the many benefits of bitcoin and I recommend you review them for further understanding.In this post I will focus on what I believe gives bitcoin the potential to become The Ultimate Offshore Bank Account.bitcoin miner amd radeonFirst, we have to ask – why do people go offshore in the first place?bitcoin faucet 2014Here are what I believe to be the top reasons people choose to move their money offshore: Here is how bitcoin satisfies each of these goals: Out of the box bitcoin is pseudonymous and very private.litecoin gpu requirements
Bitcoin is essentially digital cash.When you download the application you can physically store* the funds on your computer, a flash drive, or even upload them to the cloud.Current projects under development hold the promise of making bitcoin totally anonymous (see Open Transactions: link 1, link 2) .Bitcoin is protected by the peer-to-peer network with no central authority.Combining this network with high-grade encryption makes it virtually impossible for any person, or group of persons, to take your money without your permission.This falls under the rule of “what they can’t find they can’t get”.By moving your money into bitcoin and obfuscating its whereabouts you become virtually “judgement proof”.Every national currency is manipulated by central banks and governments.Bitcoin is limited in supply and cannot be inflated like national currencies can.This gives it potential to be an excellent store of value.Bitcoin can be hidden behind encryption and stored in cyberspace – making it everywhere and nowhere at the same time.
What existing power structures cannot find they cannot steal.Bitcoin can be accessed anywhere in the world.Not even an internet connection is necessary.When you store assets in any bank or gold-storage facility, those funds are an asset on your financial statement but they are also a liability on the financial statement of the other party.This exposes you to the risk of default, bankruptcy or fraud by the other party.When you retain physical possession of your assets through bitcoin – you eliminate this counterparty risk.Like physical possession of gold and silver, bitcoin is an asset with no corresponding liability.While there is a slight learning curve required to use bitcoin, you don’t have to fly to another country to open an account – nor do you have to provide any type of identification or tax number to own bitcoin.You do not need anyone’s permission to use bitcoin.It is truly “the people’s money”.You can cross borders with no physical currency on your person yet you can literally have access to a fortune via a flash drive or a simple internet connection.