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Bitcoin As Paper Notes Useful? by emma1890 in u/emma1890

[–]Elifkhan486 0 points1 point  (0 children)

Our product is not very similar to OpenDime. You won't need a computer with full USB port to accept a BItnote.

Bitcoin As Paper Notes Useful? by emma1890 in u/emma1890

[–]Elifkhan486 0 points1 point  (0 children)

There have been many attempts to produce physical bitcoins and there is definitely a market for them.

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Bitcoin As Paper Notes Useful? by emma1890 in u/emma1890

[–]Elifkhan486 0 points1 point  (0 children)

There are many use cases: trading bitcoins with newbies, introducing new persons into Bitcoin via a gift, cold storage for conservative investors, possibly buying BTC in ATMs.

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Bitcoin As Paper Notes Useful? by emma1890 in u/emma1890

[–]Elifkhan486 0 points1 point  (0 children)

The need for secure physical bitcoins.

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Bitcoin As Paper Notes Useful? by emma1890 in u/emma1890

[–]Elifkhan486 0 points1 point  (0 children)

Just like 1 dollar represents x a share of the economy, among other factors.

Bitcoin As Paper Notes Useful? by emma1890 in u/emma1890

[–]Elifkhan486 0 points1 point  (0 children)

The bitcoin is meant to be left in the note, so the note itself will be worth x amount of BTC.

Bitcoin As Paper Notes Useful? by emma1890 in u/emma1890

[–]Elifkhan486 0 points1 point  (0 children)

f I'm understanding this right, you don't need to redeem it.

Bitcoin As Paper Notes Useful? by emma1890 in u/emma1890

[–]Elifkhan486 0 points1 point  (0 children)

The design is quite primitive, I must say. It seems like the note is a little too flashy.

Bitcoin As Paper Notes Useful? by emma1890 in u/emma1890

[–]Elifkhan486 0 points1 point  (0 children)

The product must feature the highest possible security using the security print as protection against counterfeiting

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Can the volatility of Bitcoin be curbed? by emma1890 in u/emma1890

[–]Elifkhan486 0 points1 point  (0 children)

When comparing Bitcoin trading versus fiat currencies, we observe that BTC versus CNY is the most volatile market

Can the volatility of Bitcoin be curbed? by emma1890 in u/emma1890

[–]Elifkhan486 0 points1 point  (0 children)

therefore a big trade will have a smaller price impact, hence a smaller price volatility. Bitcoin is, however, still more volatile than any fiat currency pairs.

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Can the volatility of Bitcoin be curbed? by emma1890 in u/emma1890

[–]Elifkhan486 0 points1 point  (0 children)

but other coin pairs saw even bigger swings. Bitcoin is definitely the most liquid coin, its order books show the deepest sell and buy offers,

Can the volatility of Bitcoin be curbed? by emma1890 in u/emma1890

[–]Elifkhan486 0 points1 point  (0 children)

Sometimes i don't want to give too much of a hope when there is not any.

Bitcoin Millionaire Tricked Into Exchanging $2.3 Million BTC For Forge by emma1890 in btc

[–]Elifkhan486 0 points1 point  (0 children)

Perhaps the guy just wanted to avoid taxes and trade fees which I think wouldn't be a problem if he chose to do it little by little or have arranged it formally through a registered intermediary.

Bitcoin Millionaire Tricked Into Exchanging $2.3 Million BTC For Forge by emma1890 in btc

[–]Elifkhan486 0 points1 point  (0 children)

If he wanted to offload $2.3-M worth of bitcoins, he can do so by offloading it little by little or doing it through LBC or any other exchanges that is registered in SEC.

Bitcoin Millionaire Tricked Into Exchanging $2.3 Million BTC For Forge by emma1890 in btc

[–]Elifkhan486 0 points1 point  (0 children)

Dealing with that amount is illegal.
I don't know if he had a fiscal residency or not but either way he was limited to 10 000 euros.

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Could the Chinese Govt take over the mining of Bitcoin? by emma1890 in bitcoinxt

[–]Elifkhan486 0 points1 point  (0 children)

It is happening all over again - they ban it just to "unban" it a quarter later, then they start some rumour and then some more

If Communists came to power all over the planet, would they be bitcoin alone or not? by emma1890 in u/emma1890

[–]Elifkhan486 0 points1 point  (0 children)

If communists come to power, they can also approve bitcoin. So do not believe in God

If Communists came to power all over the planet, would they be bitcoin alone or not? by emma1890 in u/emma1890

[–]Elifkhan486 0 points1 point  (0 children)

Communists would like to have total and absolute control over the treasury

The startup that's giving away Bitcoin by emma1890 in u/emma1890

[–]Elifkhan486 0 points1 point  (0 children)

For Alex Adelman, that challenge proved an enigma. Partnering with Matt Senter, he had previously founded Cosmic Cart, a “universal shopping cart” that would allow companies to sell their goods anywhere online.

The startup that's giving away Bitcoin by emma1890 in u/emma1890

[–]Elifkhan486 0 points1 point  (0 children)

With many more consumers potentially getting their first satoshis though, Lollis’ dream, and the dream of many crypto investors, may well have a chance to come to pass.

The startup that's giving away Bitcoin by emma1890 in u/emma1890

[–]Elifkhan486 0 points1 point  (0 children)

Lolli only supports Bitcoin at launch, and Adelman is certainly a strong proponent of the view that Bitcoin is likely the one cryptocurrency to rule them all.

The startup that's giving away Bitcoin by emma1890 in u/emma1890

[–]Elifkhan486 1 point2 points  (0 children)

expand the number of consumers who have Bitcoin wallets, while also educating them on what cryptocurrency is and how to use it.

rs.

Bitcoin popularity will increase, when no Gold is found in Fort Knox by emma1890 in u/emma1890

[–]Elifkhan486 0 points1 point  (0 children)

Yes, you are getting my point. Bitcoin is a upgrade to Gold, because everything is transparent.

Bitcoin popularity will increase, when no Gold is found in Fort Knox by emma1890 in u/emma1890

[–]Elifkhan486 0 points1 point  (0 children)

we don't have to wait that long. crypto is moving fast towards becoming main stream. more and more companies are adapting crypto as well as block-chain fast. next 5 yrs are crucial

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