Friday, 3 May 2019

Why do Banks Hate Bitcoin?

The context was the same as many articles before that have and have not made it to more major media outlets: Bitcoin businesses guillotined by banks around the world.  Rabobank has blocked transfers of fiat to Bitcoin exchanges in the past for individuals, not just businesses.  Rabobank even had days when all attempted online transfers to domestic Bitcoin Exchanges were met with a technical error.  Two websites in the locality have since spread out leaked internal documents from Rabobank that show Rabobank’s Ethics Commission adviseing its branches to not facilitate Bitcoin trading for its customers and to label those that attempted to do so as high-risk.

Primecoin Cloud Mining using Digital Ocean – The Complete Guide

Primecoin Mining is still mainly done on CPUs, with the ongoing spikes in interest regarding XPM it is now profitable to rent servers for pennies on the hour and put them to work mining XPM.  Renting cloud services to mine is a great way to decentralize the mining network and add security to the network, as well as make some money on the side.  I am going to show you how.

Takeaway.com Lets Users Order Food and have it Delivered!

A magazine out of the Netherlands published an article today featuring words from CEO Jitse Groen of www.takeaway.com.  Takeaway.com is a European service that allows users to order food, kebabs included, and have it delivered to their doorstep.  They accept many different types of payments and Bitcoin is just another one in their arsenal.

10 Ways Bitcoin is Better Than the Federal Reserve by the Activist Post

Eric Blair of the Activist Post has written an excellent articledenouncing the Fed and upholding the values of Bitcoin.
Just an excerpt from the post that you should go read.
Voluntary: Bitcoin is voluntary, whereas Federal Reserve notes are enforced at the barrel of a gun domestically and by a vast military complex abroad. Yet, no army can stop an idea whose time has come. Americans now have a choice in Bitcoin — and China, Russia, and many others are dropping the dollar like a bad habit in global trade. A police state or more war can’t stop the rush out of dollars, though they will try.

Korean Bakery Paris Baguette in Incheon, South Korea Is Accepting Bitcoins

Bitcoin is changing hands in South Korea, according to a featured article by Wall Street Journal’s blog.
Paris Baguette in Incheon, South Korea is the first bakery, and one of the first brick and mortar businesses,  in that geographical area to publicize accepting Bitcoin.