Crypto Weekly Roundup, Litecoin, Puerto Rico & Wyoming Pushing Crypto Forward
Pushing Crypto Forward
What a week huh? From everyone shitting their pants to a complete reversal with lots of good news! Let's dig into some of that news incase you missed it.
Litepay
Gif created by @rt395
Litecoin's Litepay may be launched this week! Litepay is a payment processor that uses Litecoin with a litepay debit card for use at business or atms!
The service provides value to two fundamentally different kinds of clientele for two different reasons. Firstly, it gives merchants an added incentive to begin accepting Litecoin because the payment processor assumes the risk of accepting the crypto — protecting merchants from market volatility. Secondly, it gives Litecoin holders more liquidity in the short-term with their debit cards.
Arise chickun!
https://bitsonline.com/litecoins-payment-processor/
Puertopia
Puerto Rico Hoooo!! News is crypto multimillionaires arelooking to make Puerto Rico their new Cryptopia. This is actually pretty incredible. They are looking to buy enough property to incorporate their own town that would use crypto as the currency and by the looks of it it's going to happen.
They want to build a crypto utopia, a new city where the money is virtual and the contracts are all public, to show the rest of the world what a crypto future could look like. Blockchain, a digital ledger that forms the basis of virtual currencies, has the potential to reinvent society — and the Puertopians want to prove it.
https://www.nytimes.com/2018/02/02/technology/cryptocurrency-puerto-rico.html
Wyoming Joining The Wild Crypto West
Wyoming, another crypto friendly state like Nevada, is looking to exempt certain tokens from "securities and money transmission laws". This follows Nevada's lead last year in which they did a similar thing here.
“We view non-securities blockchain tokens as a new asset class that is neither money nor securities, and therefore believe existing money transmitter and securities regulations should not apply.
Do not let them FUD you into parting with your coins! Knowledge is power! Stories like these are sprouting up everyday all over the world and crypto is only going to get bigger and more accepted as time goes on. If you hodl you will be free!
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nice gif :D
Thanks! lol it was a pain in the ass, but now I know how to do it!
This post has received a 5.13 % upvote from @aksdwi thanks to: @rt395.
Litecoin pay is good news!
Yup, it means I don't have to spend my BTC! This really could turn into a big deal. I have some business plans to accept crypto and LTC would be my first choice. This would make that decision much easier.
Have fun over there!
Its a good news and your post has encouragment for the steemians.
You got a 0.93% upvote from @postpromoter courtesy of @rt395!
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it would be interesting if Puerto Rico was built back up using crypto currency. Their power grid is still largely down.
It really looks like they will establish their own city down there. Pretty amazing.
ライトコインにいいニュースがあったのですね！ライトコインは、ライトニングネットワークが発展するとすれば、活躍の幅が広がると思っています。
はい、litecoinは、ライトニングネットワークで動作します。 LTCには非常に良いニュースです。