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This blog brings you the best Cryptocurrency & Blockchain, ICO & P2P and Exchange & Laws news. Also contains technology and research based post from all around the world every single day. Get informed! Think Future!
Monday, 12 April 2021
Bitcoin Cash is a life saver for many of these people affected by the pandemic. Readcash and noisecash and Marc De Mesel has positively impacted the lives of hundreds, if not thousands of people and continues to do so.
To the PayPal haters out there
Someone like my dad still goes to the bank in person to deposit a check. As much as I love and respect the man, he wouldn't be able to handle a mobile wallet, let alone a hardware wallet. But he knows how to use PayPal.
I understand the passion around the "not your keys not your Bitcoin" motto, and I myself want to have full control over my keys for obvious reasons. At the same time, if we want to see mass adoption one day, we need to recognize there is a steep learning curve here, which puts Bitcoin out of reach for so many people.
So the question when talking to someone like my dad, or a teen who's afraid to lose $500 - which to him amounts to his life savings - due to a wrong manipulation is whether you want them in through the likes of PayPal or Bakkt going later on they'll want to learn more and become more sophisticated, or of you want to see them stay out of what they perceive as an intimidating Bitcoin ecosystem altogether.
Edit: some people here are missing the point. I can and have been educating people around me. My argument is that this doesn't scale, and the ecosystem needs those simplified experiences. Self-custodying is like cooking your own food. Is gives you the best meals, but not everybody has the skills, interest, or ability of doing it.
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Fed chairman fears banks 'losing ability to track payments' after cyber attack is his 'main concern'. If only there were a way to keep track of payments on some sort of a ledger...
Tldr: When probed if he expected the current economic downturn to mirror anything like the 2008 financial crisis, Powell said that the chances are "very low." Instead, Powell mentioned "cyber risk" being the main concern, citing examples of large firms losing the ability to track payments its disbursing. "We spend so much time and energy and money guarding against these things. There are cyber-attacks every day on all major institutions now," he told "60 Minutes." "That's a big part of the threat picture in today's world."
CNN : Federal Reserve chair tells '60 Minutes' that US economy is at an 'inflection point'. http://rss.cnn.com/~r/rss/cnn_topstories/~3/5Wf8uv0QD-U/index.html
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Crypto is pretty much the only reason I used Reddit anymore, and I'd like to stop using this website. submitted by /u/TheTruthHas...
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submitted by /u/FearlessEggplant3036 [link] [comments] source https://www.reddit.com/r/btc/comments/12gt49l/supposedly_insiders_in_t...
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submitted by /u/KillerHurdz [link] [comments] source https://www.reddit.com/r/btc/comments/a6bm9y/discussing_bitcoin_power_dyn...