📝 Crypto News 2-18-2018
Every day I scour the internet for news about crypto and here are my findings for today which I wanted to share with all of you.
💵 1 Tether creates another 60.1 Million dollars worth of coins
Tether should have $1 Fiat for ever 1 Tether and creating yet another 60.1 Million this months means tether needs 60.1 Million in Fiat to back it up.
Very well possible but still raises the question of why those monthly audit reports promised months ago still have not come out. In fact the one company that should have done the audits backed out after reviewing their books. Hmmm something is not right there... Tether start releasing those monthly audits you promised and put this to rest unless you have something to hide!
👨👨👧👧 2 Over half know about Bitcoin
Over half the people in the world say they know about bitcoin and somewhat understand it. Could this finally be the year for mass adoption? As companies such as star bucks look into it as a form of payment to create buzz in their company and improving technology to further boost the transactions and lower the fees on the network it is a very real possibility.
🤼 3 867 Rages on
867 is the proposal number for recovering funds from locked out Ethereum wallets. With continued backlash from the community that this should NOT happen. I for one totally agree with them and wrote about it here - https://steemit.com/cryptocurrency/@bitcoinflood/ethereum-gets-some-love-and-though-love
🚷 4 Scams
Yes the world is not a safe place and you need to be smart and educate yourself. Bitcoin and other cryptos are currently unregulated and with that comes high risk of bad people doing bad things. Phishing attempts, crap ICO launches, Investment and Ponzie schemes. Do your researcher and stop trying to governments when you mess up otherwise this shits going to be regulated because of people like you. Take responsibility for your own actions.
Your post is very useful for me. I was spending lots of time to find news about the cryptos. But now I will check your blog regularly and I will spend more time on steemit. Thanks for sharing. Followed and Upvoted.
Bitcoin. Could this finally be the year for mass adoption? you asked. How could it be with fees so high? Still using bitcoin is quite a complicate matter.
Fees are not high at all they are back down to , in fact they are back to levels where they where in April of 2017
Right, thanks for keeping me up to date.
I found it funny about the Starbucks thing. They usually do these kind of things just to draw the media attention and have people talk about them. But who am i to judge, maybe they do have good intentions and go for tax free prices to their customers, who knows.
Well done on the article tho! Great work!
They totally are and it makes smart business sense to do just that. Plus it only helps crypto!
I don't know about everyone else, but I'm really skeptical about Tether. I can't help but feel that at some point it will all come crashing down after some "big" revelation that they don't have nearly as much money backing their tokens as they say they do.
I don't trust them and wont ever buy Tether or use their exchange it is linked to until some of these promised audits come out. Your seriously hiding something if after 18 months you have not released any audits and the last audit company you had in there ended up bailing on you after reviewing your books.
Until people are better educated about Bitcoin 1/2 the people will never invest in it. The older people at work have not clue how Bitcoin works.
I Offered someone $10.00 worth of bitcoin the other day to show how itworks no cost to him. He turned it down yet the idea was to show him how it works.(FYI He likes to buy coffee all the time just returning a big favor.) That was when it was $8 grand sad he could of cashed out in a few days and been in profit.. He can not understand why his 20 something old son has $500.00 invested in last year. He think it is a ponzi scheme and does not want to lose money. Others at work have the same Ponzi idea in their heads.
What about bitcoin what will be his price does bitcoin will regain its old price @bitcoinflood
Yes, there is need to be seriously careful in this times. So many things are open source and it's just require someone smart enough to figure out another.
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yeah really dont want to fall victimized to scammers yougot to watch sources itself
Spain’s Government Plans to Lure Blockchain Firms, ICO Issuers!
https://www.tokens24.com/news/spains-government-plans-lure-blockchain-firms-ico-issuers/