Bitcoin HippiBitcoin Hippi2018-03-19📧
Late last week, in a series of statements which let you know how rich he is, a top executive at Visa lambasted Bitcoin with claims that rival even the greatest of FUD throwers.
RICH GUY SAYS ‘BITCOIN IS BAD’
Vasant Prabhu, the chief financial officer of Visa — the world’s biggest payment network by market value — has taken time out of his busy schedule to bury Bitcoin beneath a mountain of negativity.
In addition to claiming that cryptocurrency has been utilized by “every crook and dirty politician,” Prabhu stated that the majority of investors have no clue what they’re doing. While subtly flaunting his status as ‘kind of a big deal,’ he told the Financial Times:
The people asking me are the ones who scare the hell out of me. You know, guys like the limo driver to the airport . . . They have no idea what they are doing. (Because — you know — limo drivers are apparently incapable of making educated investment decisions.) 🙄
Prabhu also explained to the Financial Times how a bank teller informed the Visa executive of his plans to sell Bitcoin in March, and how a member of Prabhu’s extended family was excited over having doubled his profit over Thanksgiving dinner. Said Prabhu:
This is the ultimate thing that you hear about when you have a bubble, when the guy shining your shoes tells you what stock to buy. (Which one is the shoe shiner? The bank teller or the member of Prabhu’s family who made an $8000 investment?) Prabhu’s statements really shouldn’t come as a surprise, however, since he apparently doesn’t understand the original premise of Bitcoin whatsoever. He explained:
With a currency issued by the Federal Reserve, I know who stands behind it. Who’s good for the money [behind cryptocurrency]? Who the hell knows? (That’s kind of the point, Mr. Prabhu.) *
This guy is so insulting I don't want to see or use visa again! 🤐
Gloria HerreraGloria Herrera2018-03-19Welcome to the new way we do business! Cryptocurrency 🔥👏🏼 Kevin O'Leary: NYC hotel wants to use a $400 million cryptocoin offering to sell ownership like a stock. "Instead of a stock, a share, it's a coin. With a smart contract approved by the SEC," says the "Shark Tank" investor and O'Shares chairman. "You will be an owner of a third of this hotel. If it works, it will be the first of its kind," O'Leary says.
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2 Dudes With Crypto🦕2 Dudes With Crypto🦕2018-03-19Via [Coindesk.com]
Stellar Goes In On Lightning with 2018 Launch Target
A lesser-known cryptocurrency with a unique approach to decentralized payments is hopping aboard the Lightning bandwagon.
Making strides on an ambitious roadmap released earlier this year, the non-profit behind the cryptocurrency Stellar has released a formal specification describing how and when it plans to adopt the transaction tech originally invented for bitcoin, in the process providing the latest sign Lightning is spreading as a pressing priority across blockchains.
Stellar[XLM] expected to rise !🦕🦕🚨🚨🚨 giveawaysponsorscryptocurrencycryptobitcoinbitcoinslitecoinlitecoinsaltcoinsnewsimportantcryptominingstellarxlmxmrmonerol4lf4fbitcoinmininghttps://scontent.cdninstagram.com/f9d109e78d54279b34160d699d905a20/5B32A662/t51.2885-15/e35/28752535_175235883276374_8939487252778582016_n.jpg2018-03-19
Crypto20 NewsCrypto20 News2018-03-19Every rebalance the generated value of staked coins is added back to the fund value weekly.
Checkout the performance tab on their website for more information.
That’s like free money.
Just HodlJust Hodl2018-03-19Rip.. I wish I could see 20k Bitcoin again 😩 https://scontent.cdninstagram.com/2658581dee4ca062d8098a7bd24d2be6/5B405F8D/t51.2885-15/e35/28766690_210519619703723_2232090840124096512_n.jpg2018-03-19
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Bitcoin HippiBitcoin Hippi2018-03-19📧
MasterCard is receptive to the idea of using central bank-issued national digital currencies in the future, according to the co-president of Mastercard’s Asia-Pacific business, the Financial Times reported today, March 19.
Senior MasterCard executive Ari Sarker told the Financial Times that “if governments look to create national digital currency we’d be very happy to look at those in a more favourable way [as compared to cryptocurrencies in general]”: “So long as it’s backed by a regulator and the value . . . it is not anonymous, it is meeting all the regulatory requirements, I think that would be of greater interest for us to explore.” Ajay Banga, the CEO of MasterCard, had also said last fall that would find a “way to be in the game” for government-created digital currencies, labelling all other cryptocurrencies without government-backing as “junk.” Government-issued currencies have been discussed in several countries globally, but as-of-yet the centralized crypto phenomenon has not been realized by most. The most notable example of a successfully-issued state crypto is the Venezuelan Petro, which was recently released under a cloud of controversy.
Sarker also said that was currently running a Bitcoin (BTC) pilot program in Japan and Singapore that would allow BTC holders to cash out onto a , adding that the program involves both KYC and AML components: “We are not operating trading of bitcoin through the network [...] [The pilot] is a toe in the water, we're fully cognisant of the reputational risk.” The Financial Times notes that both and Visa had “reclassif[ied]” BTC purchases as “cash transactions,” a move with added fees for their crypto customers.
Mastercard had filed a patent for instantaneous payments using Blockchain technology in November of last year, and a spokesperson notes that Labs has filed for over 30 “patents related to blockchain technology and cryptocurrency:”