German Finance Ministry seeks to introduce regulation for ...

German Federal Ministry of Finance: "Monero (XMR) more dangerous than Bitcoin"

🇩🇪 original https://www.btc-echo.de/bundesfinanzministerium-monero-xmr-gefaehrlicher-als-bitcoin-btc/
🇬🇧 translated https://translate.google.com/translate?hl=en&sl=de&tl=en&u=https%3A%2F%2Fwww.btc-echo.de%2Fbundesfinanzministerium-monero-xmr-gefaehrlicher-als-bitcoin-btc%2F
I really hate to say it, but it seems Monero, resp. privacy coins get more and more into the crossfire of several governments/authorities/regulators? Your opinions?
submitted by AXTurbo to CryptoCurrency [link] [comments]

Monero more dangerous than Bitcoin, says German Finance Ministry

Monero more dangerous than Bitcoin, says German Finance Ministry submitted by probotika to Monero [link] [comments]

Monero more dangerous than Bitcoin, says German Finance Ministry

Monero more dangerous than Bitcoin, says German Finance Ministry submitted by frequenttimetraveler to GoldandBlack [link] [comments]

Monero more dangerous than Bitcoin, says German Finance Ministry

Monero more dangerous than Bitcoin, says German Finance Ministry submitted by leftok to atbitcoin [link] [comments]

German Federal Ministry of Finance: "Monero (XMR) more dangerous than Bitcoin"

German Federal Ministry of Finance: submitted by scgco to GGCrypto [link] [comments]

German Ministry of Finance just confirmed European Court of Justice judgment from 2015: Virtual currencies (cryptocurrencies, e.g., Bitcoin) are treated as money in terms of VAT. (Source in German)

submitted by Juergen_L to Bitcoin [link] [comments]

German Ministry of Finance just confirmed European Court of Justice judgment from 2015: Virtual currencies (cryptocurrencies, e.g., Bitcoin) are treated as money in terms of VAT. (Source in German)

submitted by domelane to CryptoCurrency [link] [comments]

ATO: "Bitcoin is not legally recognised as a unit of account". Germany: "Bitcoin has been recognized by the German Finance Ministry as a unit of account"

The latest ATO draft rulings, specially TD 2014/D11 considers that Bitcoin is not foreign currency as no sovereign recognizes Bitcoin as a unit of account, or a form of payment.
ATO Claim: As Bitcoin is not legally recognised as a unit of account and form of payment by the laws of any other sovereign country it is not 'foreign currency' for the purposes of Division 775 of the ITAA 1997.
The implications of this are that Australian Bitcoin exchanges must charge 10% GST on the purchase of BTC. Yes, you must pay $550 AUD to buy BTC trading at $500.
This is ruling is factually incorrect. In 2013, Germany's Finance Ministry has recognized Bitcoin as a 'unit of account' and a form of payment. http://www.cnbc.com/id/100971898
Germany Finance Ministry: Virtual currency bitcoin has been recognized by the German Finance Ministry as a "unit of account", meaning it is can be used for tax and trading purposes in the country.
As such, Bitcoin should be considered foreign currency, and not be considered supply for GST purchases.
submitted by goldcakes to Bitcoin [link] [comments]

German Ministry Of Finance Provides Guidance On Bitcoin Taxation

German Ministry Of Finance Provides Guidance On Bitcoin Taxation submitted by bitnewsbot to bitnewsbot [link] [comments]

Summary of the latest Bitcoin document of the German Ministry of Finance /r/Bitcoin

Summary of the latest Bitcoin document of the German Ministry of Finance /Bitcoin submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

German Ministry Of Finance Provides Guidance On Bitcoin Taxation

German Ministry Of Finance Provides Guidance On Bitcoin Taxation submitted by ethnewsbot to ETHInsider [link] [comments]

German Ministry of Finance just confirmed European Court of Justice judgment from 2015: Virtual currencies (cryptocurrencies, e.g., Bitcoin) are treated as money in terms of VAT. (Source in German)

submitted by HiIAMCaptainObvious to BitcoinAll [link] [comments]

Reports: German Finance Ministry recognizes bitcoin as currency

Reports: German Finance Ministry recognizes bitcoin as currency submitted by IWillNotBiteYourDog to Bitcoin [link] [comments]

"the German Federal Ministry of Finance classified bitcoins as 'private money' as they are used as a payment method in multilateral clearing circles based on agreements under private law"

submitted by BitcoinAllBot to BitcoinAll [link] [comments]

German Ministry of Finance declares Bitcoin payments sales-taxable | Bundesverband Bitcoin e.V.

submitted by manfromnantucket1984 to Bitcoin [link] [comments]

A List of Sidehustle Ideas from SidehustleSchool.Com

Source: https://www.sidehustleschool.com/
[More ideas in the comments below too.]
...
  1. "Cheap Plane Tickets" Site Becomes Million-Dollar Hustle ...
  2. $10,000 Side Hustle Helps Musician Land Full-Time Job ...
  3. 13-Year-Old Australian Creates Schoolyard Lollipop Fortune ...
  4. 23-Year-Old College Student Uses “Sweatcoin” App to Earn ...
  5. 3D Printing Brings Cosplay Into 21st Century
  6. A Life of Travel Leads to a House-Designing Hustle
  7. A Packed Closet Leads to Secondhand Subscription Boxes ...
  8. Academic Advisor Creates Profitable Karaoke League
  9. Accidental Side Hustle Becomes Decorative Family Business ...
  10. Accountant Earns $233751 Reselling Items He Buys at Walmart
  11. Acrobatic Mom Jumps Through Hoops to Become High-flying ...
  12. Active “Type 1” Lifestyle Inspires Sticky, Successful Side Hustle
  13. Actress Becomes Organizational Director of Organization ...
  14. Aerospace Apprentice Soars to Seven-Figure Sales Heights ...
  15. Alcohol Fueled Idea Sells Over 1500 Shirts in Less Than a Year
  16. An Everyday Bag That Gives Back to Women in India
  17. Art Teacher Draws Her Way Into Ceramic Shop
  18. Artistic Cartographer Maps Out Successful Side Hustle
  19. Artistic Duo Sells 8000 T-Shirts in One Year
  20. Aussie Engineer Moves to Farm, Earns Passive Income
  21. Aussie Stretches Out with Online Store for Tall Women
  22. Aussie Student Starts Million-Dollar Bikini Biz
  23. Australian Hacker Creates Passive Income Anatomy Course ...
  24. Auto Employee Earns $100,000 Selling Stickers on Instagram ...
  25. Avid Travelers Turn Finding Deals Into Vacation Planning ...
  26. Bargain Hunter Designs One-of-a-Kind Flea Market
  27. Bartender Brews Up Brewpub Tour Biz
  28. Bass Player Starts BassLayerz Clothing Hustle
  29. Bean-Lover Grinds Way To $4,000/Month Family Coffee ...
  30. Bearded Man Grows $500 A Month Grooming Business
  31. Bearded Man from Finland Cashes In on Holiday Cheer
  32. Beekeepers Build Buzzing Backyard Business
  33. Birds of a Feather Flock to Your Bank Account
  34. Bitcoin YouTuber Earns Thousands in Affiliate Commissions ...
  35. Blogger Earns $140,000 from Beta Phase of Online Course ...
  36. Blogger Turns Leftover Cherries Into $5,000/Month Income ...
  37. Boy Scout Merit Badge Leads to Leatherworking Lifestyle ...
  38. Bring Your Own Cannabis to this “420-Friendly” Painting Class
  39. British Pub Manager Bakes Pork Pies for Profit
  40. Brooklyn Photographer Gets Paid to Throw Confetti at People ...
  41. Business Students Make $125,000 Selling Headphone ...
  42. Busy Marketing Professional Fills Niche with Biking Wine Tours
  43. CLASSROOM: Four Ways to Identify Moneymaking Ideas ...
  44. CLASSROOM: Goals, Agenda, and Your First Assignment ...
  45. Call Center Employee Uses Patreon to Fund LGBTQ Podcasts ...
  46. Canadian Moms Invent Baby Monitors for Active Toddlers ...
  47. Canadian Sports Enthusiast Earns $1,000/Month Selling ...
  48. Car Enthusiast Races Towards Reselling Success
  49. Cat Lover Creates Cat-tivating Portrait Series
  50. Catholic Designer Creates Stylish Apparel Line
  51. Childhood Game Master Earns $1 Million from Nerdy ...
  52. Coffee for Firefighters Brings the Heat!
  53. College Ministry Leader Starts Digital Agency
  54. Colorado Nutritionist Reworks Role to Get Paid Twice
  55. Comic Book Curator Creates Custom Crate Subscription ...
  56. Continuing Education Directory Earns Six Figures
  57. Copywriter Carves 140 Characters into $50,000 in Cash
  58. Corporate Employee Makes $350,000 Selling Mosquito ...
  59. Coupon Code Site Earns Copious Profits
  60. Crafter's Shop for Dreadlock Wearers Unlocks $3,500/Month ...
  61. Creative Illustrator Creates Creative Podcast for Creatives ...
  62. Curated Gift Boxes for Breakups and Baby Bumps
  63. Data Geek Charts Course From Analyst to Author
  64. Data Scientist Turns Teaching Frustrations Into Recurring ...
  65. Designer Earns Extra $5000/Month Posting Logos on Instagram
  66. Designer Illustrates Success with Personalized Wedding ...
  67. Designer Performs Magic, Turns Dream Into Reality
  68. Designer Turns Bad Parking Into $25,000 Per Year
  69. Detroit Women Make Jewelry for Profit and Social Good
  70. Digital Camera Blogger Snaps Into Passive Income
  71. Distracted Coach Creates Accountability Software
  72. Dog Stocking Hustle Earns Husky Payoff
  73. Dutch Personal Shopping Service for Kids Measures Up
  74. EXTENDED CUT #13: When to Let Go of Good Ideas
  75. EXTENDED CUT #14: Start a Service Business in Less Than ...
  76. EXTENDED CUT #5: How to Choose Between Multiple Ideas ...
  77. Electrical Engineer Becomes Romance Novel Cover Model ...
  78. Electrical Engineer Sells $800 Swarovski Crystal Bikinis
  79. Elementary School Teacher Pans for Gold in New Zealand ...
  80. Engineer Codes His Way To $3,700 Per Month
  81. Engineer Earns 7-Figures from “Crowd-Purchasing” Project ...
  82. Engineer Makes $64000 Selling Nerdy Playing Cards on Reddit
  83. Engineer Reprograms Herself, Finds Confidence to Start Over ...
  84. Enjoy an Ice Cold Beverage in a Mug Made from Ice
  85. Equine Lover Makes $5,000; Stables Business to Change ...
  86. Exercise App Encourages Fitness While Helping Sick Kids ...
  87. Farmer Makes “Tater Tats” for All Your Produce Tattoo Needs ...
  88. Fashion Buyer Creates Quirky Comfort Craze
  89. Father and Son Duo Produce Traveling Play
  90. Faux Taxidermy Turns Heads on Home Decor
  91. Fidget Spinner Cookie Sensation Leads to Sweet Profits
  92. Finance Guy Makes Bank With Swimsuit Line | Side Hustle ...
  93. Firefighter Uses Chainsaw for Jumbo-Sized Woodworking ...
  94. Flipping 101: The College Textbook Edition
  95. Florist & Sculpture Professor Make Presidential Lip Balm ...
  96. Foreign Correspondent Launches Career App
  97. Former NFL Player Sells Ice Shakers for $20000/Month Income
  98. Freelancer Starts New Hustle to Help Frustrated Clients
  99. Friends Foster Korean Face Mask Frenzy
  100. Friends Team Up to Deliver Compassionate Tech Support ...
  101. Friends Turn Gift Boxes into Prosperous Project
  102. Frustrated Mom Grows Hair Brush Hustle to Seven Figures ...
  103. Full-Time Mom Ships $35,000/Month in Frozen Bread on ...
  104. Gamer Levels Up Life With eBay Side Hustle
  105. German Funeral Urns Are Not a Dying Business
  106. Guitar Builder Carves Out Woodworking Moneymaker
  107. Guitar Teacher Sells Lessons on Craigslist and Makes $80/Hour
  108. Hair Salon Owner Designs Mittens for Cold Runners
  109. Hand Grippers Make for a $60,000-Strong Hustle
  110. Hand Lettering Artist Upgrades Cheesy Photo Booth Props ...
  111. Handkerchief Side Hustle Becomes Million-Dollar Blowout ...
  112. Harvard Med School Program Manager Gets Paid to Travel to ...
  113. Health Scare Inspires Adventurous Career Change
  114. High School Bootlegger Grows Up
  115. High School Teacher Spins His Way to Profits
  116. High School Teacher Turns Woodworking Hobby Into a 5 ...
  117. Honeymoon in Nepal Becomes Fashion Accessories Business
  118. Husband and Wife Team Pampers Their Way To Profit
  119. Insomniac Dreams Up Herbal Hustle
  120. Insult This! Witty Event Organizer Prepares You to Respond to ...
  121. Introvert Builds Networking Experience to Help Women
  122. Jailhouse Medic Turns House Calls Into Healthy Profits | Side ...
  123. Japanese Designer Folds Profitable Paper Wallets
  124. Jiu-Jitsu Instructor Pins Down Mobile Workout Tool
  125. Job Recruiter Helps LinkedIn Connections with Resumes ...
  126. Junk Removal Service Owner Earns $22,000 A Year From ...
  127. Kids' Books Prove To Be More Than Child's Play
  128. Kiwi Coder Makes Extra $50000/Year from Virtual Paintbrushes
  129. LA Graphic Designer Influences Influencers
  130. Lawyer Moonlights as Needle-Felt Children's Book Author ...
  131. Left-Handed Artist Creates Right-Brained Side Hustle
  132. Librarian Invents Eco-Friendly Dental Floss
  133. Lifelong Girl Scout Earns Her Side Hustle Badge (And $3,500 ...
  134. London Chocolate Tours Lead to Sweet Success
  135. London Clerk Hires Ghosts to Visit Boss, Earns Passive Income
  136. London Photographer Rents Camera Gear 1,100 Times
  137. Lost & Found: How Lost Property Helps a UK Woman Find Her ...
  138. Maine Couple Bootstraps Boutique Fitness Studio
  139. Make $4,000/Month Renting Out Cars You Don't Own
  140. Man Buys 100 Animal Skulls from Bali; Turns $10,000 Into ...
  141. Man Earns $100,000 Serving Clients on $5 Website
  142. Man Earns $85000 Promoting Mexican Avocados on Snapchat
  143. Marathon Runner Earns Full-Time Income Trying On Shoes ...
  144. Marketing Consultant Creates Private Retreats
  145. Marketing Professional Produces Giant Puppet Performances ...
  146. Marriage Inspires Theatre Captioning App & Service
  147. Mental Health Counselor By Day, Headband Artist by Night ...
  148. Millennial Invests Side Income For Passive Profits
  149. Mindful Moms Make $70,000 on Family Affirmation Cards ...
  150. Mindreading Performer Goes from Dorm Room to Paid ...
  151. Miniature Dollhouse Website Pays Full-Size Profits
  152. Mom Finds Love As Dating App Ghostwriter
  153. Money Grows on Moringa Trees
  154. Moonlighting Makeup Artist Earns Extra $25,000/Year | Side ...
  155. Movie Editor Turns 19th Century Art Into Full-Time Job
  156. Multiple-Use Plastics Take Big Bite for the Environment
  157. Museum Educator Improvises From Day Job to Side Hustle ...
  158. Music Graduate Makes Spare Change Filling Spare Rooms ...
  159. Musician Turns Drum Lessons Into Six-Figure Podcast
  160. NYC Banker Launches All-Natural, Drinkable Pickle Brine ...
  161. Nature-Loving Neighbors Create Kids Subscription Box
  162. Networking Success Is Served with a Side of Eggs
  163. New Jersey Blog Earns Six-Figure Income
  164. New Mom Recruits 3,000 Chinese Caregivers
  165. New Mom Uses Pinterest to Launch Parenting Blog
  166. New Mother Gives Life To Self-Care Coaching Business
  167. New Yorker Covers Up With Comfy Underwear Line
  168. No Guts, No Gory: The Hollywood Mom & Pop Prop Shop ...
  169. Nomad Family Cooks Up $40,000 Profit With Houseware ...
  170. Nomadic Designer Profits from Writing About Life in a Bag ...
  171. Oh Snap! Photography Site Turns Into Passive Income Hustle ...
  172. Oklahoman Spreads Light, Sells Candles, and Shares Profits ...
  173. On-the-Go Mouthwash Gets Mini-Makeover
  174. One Man's Trashed Mash is Another Man's Cash
  175. Operations Manager Manages to Make Heavy Furniture Light ...
  176. Organic Loungewear Becomes Sleeper Sensation
  177. Orthodontist Bites Off Solution to Teeth-Pulling Problem
  178. Outdoorsman Sees the Forest for the Trees, Finds Financial ...
  179. Outsource Date Night With This Sexy Side Hustle
  180. PE Teacher Makes $11,000 with Membership Site
  181. PE Teacher Resells Concert Tickets, Earns $12,000/Month ...
  182. Paralegal Takes Flight with Remote Work
  183. Paternal Twins Produce Passive Publishing Profits
  184. Pathetic Triathlete Creates $30,000 Facebook Group
  185. Pay Off Student Loans With Your Spare Change
  186. Philadelphia Foodie Toasts Competition with Sweet Treat ...
  187. Philadelphia Lover Maps Out $35,000/Year Side Hustle
  188. Photographer Visits 30 Countries, Leading Tours & Getting Paid
  189. Physical Therapist Sells 57,000 “Neck Hammocks”
  190. Physician Assistant Earns $12,000 In 10 Months Coaching ...
  191. Police Officer Funnels Frustration Into Six-Figure Hustle
  192. Policy Researcher Offers Private Tours of Nation's Capital ...
  193. Popular Instagram Account Becomes Fashionable Clothing ...
  194. Pottery Barn Commissions Art from Independent Photographer
  195. Proud Mainer Brings Whoopie Pies to the World
  196. Public Health Employee Earns Extra $2,000/Month with ...
  197. Published Author Adds Income Source; Makes Additional ...
  198. Put a Cap in It: Architect Makes the Write Choice; Starts Luxury ...
  199. Q&A: How can I inspire a “Must-Have-This” service?
  200. Q&A: How can I turn furniture repair into passive income ...
  201. Q&A: Is it still possible to profit from a blog?
  202. Q&A: What are your best tips for Etsy?
  203. Q&A: When should I start posting on social media?
  204. Rehearsal App for Actors Earns $500,000
  205. Resistance Is Futile! Brooklyn Fitness Fanatics Sell “No Days ...
  206. Role-Playing Pastor Rolls The Dice On $2800/Month Hustle ...
  207. Romance Novel Expert Teaches Proofreading for $2000/Month
  208. Sales Rep Seasons the Day with “Bad Spanish Tacos”
  209. Savvy Bride Turns Budget Wedding Into Six Figure Success ...
  210. Savvy Sleeper Pillowcases Produce Dreamy Profits for Tech ...
  211. Savvy Stationery Site Offers Cards for Divorce & Diwali
  212. Seattle Developer Takes Flight With Popular Travel Site
  213. Second Grade Teacher Earns Second Income
  214. Serial Business Builder Creates Digital Checklist Tool
  215. Should I hire a lawyer and get a patent?
  216. Side Hustle Turned Full-Time Job Disrupts Car Rental Industry ...
  217. Sisters Find Puppy Love After Launching Dating App
  218. Social Worker Bakes Cupcakes for The Walking Dead
  219. Software Engineer Scavenges For Profits
  220. South African Writer Launches Accidental Acting Career
  221. South Carolina Man Learns to Make Candles by Watching ...
  222. Speech Pathologist Sells Turkish Tea Towels By the Seashore ...
  223. Sports Writer Wins Big Gambling On His Own Book
  224. Squeaky Clean Couple Raise the Bar with Online Soap Sales ...
  225. Store Manager Makes Micro Gainz For Macro Profits
  226. Stressed-Out Mom Gives Up TV to Launch Her Hustle
  227. Student Bytes Into Lucrative Web Host Biz
  228. Student Gets Paid to Help People Rent Adventures
  229. Stylish Clothes Reseller Becomes Fashion Consultant
  230. Super Fan Scores Big in the Football Community
  231. Tailor-Made Teas Brew Steamy Steeped-In Profits
  232. Teacher Hustles to Pay Off $100,000 in Student Loans
  233. Tech Broker Moonlights as Luxury Lifestyle Artist
  234. Teenage Fitness Fan Jumpstarts Athletic Apparel Brand
  235. Tennessean Meets Nepalese Sherpa on Lyft Ride, Sells ...
  236. Texas Couple Turns Test Scores Into Treasure
  237. That's the Spot! Dog Lover's Hustle Becomes Fur-ever Biz ...
  238. The 10-Year Quest for Must-Have Mustard
  239. The Battle of the New Zealand SpeedCubers
  240. The Hero's Journal Helps You Make Progress Toward Your ...
  241. The Paleo Bagel: No Wheat, No Worries
  242. The Rise and Fall of BirdSupplies.com
  243. The Sisterhood of the Traveling Digital Nomads
  244. The Snuggle Is Real: Architect Moonlights by Selling Designer ...
  245. Think Like a Lawyer: An Underground School For Lifelong ...
  246. This Standing Desk Costs Just $37
  247. Toronto Startup Employee Bakes Custom Cakes
  248. Tote-ally Functional Bags for Women on the Go
  249. Trip to Europe Inspires Adventurous Blanket Biz
  250. Turn It Up to 11! Musical Mash-Ups Provide Passive Income ...
  251. Tuscan Vacation Inspires Leatherworking Hustle
  252. Twelve Months of Experiments Leads Coach to Clarity
  253. Two Women Create Swimwear Brand for D-Cups and Up ...
  254. Un-Tours Of Myanmar Offer Adventure and Unpredictability ...
  255. University Director Turns Draining Problem Into Profitable ...
  256. Vegan Food Lovers Sprout Plant-Based Festivals
  257. Vintage Clothing Shop Sells Retro Jeans for Modern Money ...
  258. WEEKLY RECAP: 3 Priorities to Keep You Focused
  259. WEEKLY RECAP: All the Things You Want to Do
  260. WEEKLY RECAP: Barking Up the Right Tree
  261. WEEKLY RECAP: Before Beginning, Prepare Carefully
  262. WEEKLY RECAP: Do You Have to Be Passionate About What ...
  263. WEEKLY RECAP: Does Your Idea Pass the Grandmother Test ...
  264. WEEKLY RECAP: Going from Hobby to Hustle
  265. WEEKLY RECAP: Government Shuts Down, Your Life ...
  266. WEEKLY RECAP: Health Coaches May Need to Be Certified ...
  267. WEEKLY RECAP: How to Design a Profitable Online Course ...
  268. WEEKLY RECAP: If You Ever Feel Insecure, Don't Miss This ...
  269. WEEKLY RECAP: Keeping Up With What Matters
  270. WEEKLY RECAP: Pay Attention to the Ideas In Your Head ...
  271. WEEKLY RECAP: Scavenger Hunts, Bow Ties, & Horses ...
  272. WEEKLY RECAP: The $0 Startup, Sign Hustles, and Ways to ...
  273. WEEKLY RECAP: The Conversion Problem
  274. WEEKLY RECAP: Tiny Houses, T-Shirts, and Romance Novels
  275. WEEKLY RECAP: Understand Your Ideal Working Conditions ...
  276. WEEKLY RECAP: What Prevents You From Making Progress ...
  277. WEEKLY RECAP: Why Do a Product Launch Only Twice a ...
  278. WEEKLY RECAP: Why You Should “Return Every Handshake ...
  279. Wedding App Founder Exchanges Vows for Coding Book Biz ...
  280. Wedding Bells Ring Brighter if the Bride's Not Broke
  281. Weekend “Book Registry” Site Earns Passive Income from ...
  282. Weekly Recap: All You Need Is Luck and a Million Dollars ...
  283. Weekly Recap: Don't Compete with Amazon
  284. Weekly Recap: Find a Community to Support Your Goals ...
  285. Weekly Recap: Food Trucks, YouTube Makeup, and Marijuana
  286. Weekly Recap: How to Identify Side Hustle Ideas in Your ...
  287. Weekly Recap: How to Stop Procrastinating (Really!)
  288. Weekly Recap: Making Time for What Matters
  289. Weekly Recap: Should You Ever Buy Someone Else's ...
  290. Weekly Recap: Starting a Coffee Delivery Service
  291. Weekly Recap: Starting and Ending a Seasonal Side Hustle ...
  292. Weekly Recap: Weekly Recap: Finding a “Hook” as a Dietitian ...
  293. Weekly Recap: What Kind of Profit Margin Should You Have ...
  294. Weekly Recap: Will People Pay for History Lessons?
  295. Weekly Recap: Winning the Side Hustle Lottery
  296. Weekly Recap: “This Time, It's Different”
  297. What's In the Box? Low-Carb, Low-Sugar Snacks
  298. When Fashion Flops, This Designer Follows a Shiny Object ...
  299. Yoga Enthusiast Stretches B-School Education Into Fair-Trade ...
  300. Yoga Teacher Cleans Up with Home Organizing Business ...
  301. Zombie Apocalypse Prevention Podcast Earns $200,000/Year ...
  302. “Bendy Straw” Idea Raises $1.8M on Kickstarter
  303. “Fun Guy” Becomes Spore-Adic Mushroom Farmer
  304. “Random Acts of Kindness” Project Earns Non-Random Cash ...
  305. “SwitchPod” Camera Tool Raises $415,748 on Kickstarter ...
  306. “Teachers Against Humanities” Card Deck Unites Educators ...
submitted by 1913intel to sidehustle [link] [comments]

Recap of AMA with Zac on July 3 and Q2 report

Dear Pundians,
Thank you for participating in the AMA session with Pundi X co-founder and CEO Zac Cheah.
For those of you who may have missed it, the live recording of the AMA session held on July 3 at 10:00 am GMT+8, tackling Q2 progress and addressing questions and concerns by the community members, can be viewed here. A side note that today’s AMA video quality and setting was not ideal. We acknowledge this situation and will make improvement for our next AMA session.
You may also find a summary of the Q2 progress presentation as well as all the detail Q&A below.
## Pundi X Q2 2019 Highlights
* Pundi X has integrated more public chains into our products. In Q2, we completed integration of Binance Chain. NEM chain is in the work. As of today we’ve launched BNB, the Binance Chain native Coin and XEM, NEM native coin on Pundi X payment platform. We will integrate at least one more public chain in Q3.
* The transactions on XPOS for Q2 is 15.5 million in USD, which is close to 300% quarterly growth. The number of transactions is 29,367, which leads to a 11% growth QoQ.
* XPOS has successfully received FCC and KC certifications. A new certification for Latin American market is on the way. * To expand XPOS footprint, Pundi X’s integration with a new leading mainstream point-of-sales device is in the work. Stay tuned for the announcement.
* Pundi X Open Platform was launched in May, 2019, which now supports ERC20 and BEP2 token listing. Moving forward, we will continue to support tokens from other public chains.
* A 3,000 XPASS order from DigiX, a gold-based token, and a 10,000 XPASS order from BitCobie this quarter.
* XPOS is spread in use in over 30 countries. We’ve published a map of XPOS location of self-report XPOS merchant directory. You can find a list of selected XPOS merchants at [https://www.pundix.com/products\](https://www.pundix.com/products). * The QoQ growth of XWallet is tremendous at 43%. In the previous quarter, we have less than 20k users, whereas in Q2 we have hit 297k XWallet users.
More updates on XWallet:
* Supported BNB and NEM tokens; 2FA, face ID, and optimized SMS serviceAvailable on iOS, Android as well as in Samsung Galaxy Store
New features coming up in Q3:- DApp integration - Decentralized wallet- In-app crypto payments - Chat service, which will be compatible with a commonly used chat app- f(x) testnet features to be rolled out first in XWallet
## Other notices coming up in Q3 2019
* The Q2 token removal will take place on July 14, 2019, which will involve in total 34 billion of NPXS and NPXSXEM (22 million worth in USD) removal. In the past 365 days, we’ve removed a total of 36.1 million US dollar worth of NPXS and NPXSXEM.
Before Q2 removal, the total supply of NPXS ERC20 is 266,962,422,906.53 and NPXSXEM is 95,816,218,929. [See Q1 removal here.](/pundix/recap-of-ama-with-zac-on-july-3-and-q2-report-a23de165dd28)
* [NPXSXEM will be ported to Binance Chain from July 20](/pundix/npxsxem-will-be-on-binance-chain-c6485f17726b). * XPhone pre-order will start in late July with a new product name. Stay tuned. Check out the teaser video that we are releasing it across our communication channels. ## Q&A
## On XPOS
* **Where are we on official global location of XPOS?**
Zac: We have made a map on our official website that merchants can self report and feature their locations. It’s at [https://www.pundix.com/product\](https://www.pundix.com/product). We’ll be increasing and updating the map once we have permission form the merchants to update their locations.
* **The marketing from pundi has shifted from 100,000–700,000 xpos units by 2021 to 100,000. I understand the bear market has affected this but please share the strategy moving forward to hit your goal. How do you feel about hitting this goal?**
Zac: The 100K XPOS target has always been the initial goal and it’s stated in our whitepaper. And we are still working on achieving the goal by the end of 2021. Part of our growth strategy is to also explore the possibility to port our platform to traditional POS manufacturers to increase the adoption, which is ongoing at the moment.
* **1 year ago you sent 5000 XPOS somewhere. When, at least half of them, will be working? 3 year target was 100,000 by 2021. Now we have only 150 units, how do you expect to reach this goal?**
Zac: Yes, we have shipped thousands of XPOS to over 30 countries in the world. The 150 you’ve mentioned are the featured merchants which are published on the map. The active XPOS devices are deployed over 33 countries and we are actively talking to B2B partners to have higher wholesale and big deployments.
* **How many XPOS are live and used?**
Zac: We have gone through a very serious bear market, and some of the initial inbound requests for XPOS are not delivered. However, we are working slowly but surely with our Business Development team to not just roll-out into individual buyers, such as what we did on Pizza Day, but also to B2B partners. With the certifications approved, that will also help us to officially roll out to some of the key markets.
Individual merchants can use XWallet collection feature to accept crypto payment with QR code. For the merchants who have physical offline storefronts, they can use XPOS to enable the instant crypto transaction seamlessly. Moreover, as mentioned previously, we are exploring the integration on leading traditional POS terminal so that their distributors have option to enable crypto transaction feature. As for the challenge to adopt XPOS, it is the regulatory compliance in different countries. For this, our legal team think ahead and encourage our merchants to complete KYC.
I must be very honest to say the activation takes longer time than we expect but it will be worth at the end.
* **What’s the average number of transactions per xpos in use?**
Zac: The transaction number has increased very well. The number of each XPOS differs, due to the frequency of using crypto currency to purchase item or crypto assets. There’s no standard answer to this, but overall we see the transaction number and volume are going up.
* **How do you plan to reach the target of 100,000 by 2021?**
Zac: One of the challenges that we have is regulatory compliances in different countries. There are certain markets that do not allow crypto currencies and some require a clear approval for us to deploy XPOS. We are working on both challenges by talking to governments and applying for certifications. So how we plan to reach 100,000 XPOS user by 2021 is to work with distributors, B2B partners on a government / business level, and with existing POS companies to integrate our software solution into the system.
* **We understand as there was bear market and hence Xpos usage demand was low. Are you guys seeing growth of Xpos usage with current market conditions. Can you guys put some statistics comparison like last 30 days Xpos usage vs any month from bear market usage?**
Zac: It is very clear that as we moved out from the bear market, the demand for XPOS has been increasing. As we’ve shared just now both the transaction number and volume of Q2 have beaten Q1. We’ll be able to share more transaction numbers once we receive approval from our XPOS merchants.
One exciting thing is that, with the listing of different tokens, we also see users using these tokens as a way to transact on XPOS, which means we will be having more ways to transact and this is a growth point for XPOS.
* **When will there be more details for XPHONE and XPOS HANDY?**
Zac: For XPOS handy, we have finished production and it will be released in Q3
* **When will the iOS version of XWallet and XPOS be fully translated to other languages?**
Zac: Right now, the XWallet has Traditional Chinese, Korean, Spanish, German and English. With the latest version update, it now includes Portuguese. XPOS also comes with many languages and we hope to finish with more language, either working with professionals or volunteers. If you’re interested in volunteering, please contact us.
* **When will the Merchant back office have Product Registration and SKU id ability and also integrate with other POS software?** * **When will the top-up feature go away for XPOS to allow liquidity for XPOS**
Zac: We constantly update features in XPOS and merchant backend to make it easier for distributors and merchants to use. We understand that one of the ways for mass adoption is to enhance our distributor management system. With that, the distributors can manage manay XPOS at one time with different merchants.
Please stay tuned as we announce more and more functions of this feature.
## On Dubai
* **When will we see the deployment of the XPOS in Dubai?** * **Can we spend NPXS on the Dubai XPOS?**
Zac: As with all big projects there are a lot of moving parts, that includes working very closely with the local government, in Dubai’s case, the Credit Bureau of the Finance Ministry. Things are progressing for the Dubai project but due to confidentiality agreements with the parties involved, we cannot reveal much. All we can say is that we and our Dubai partners are working hard to have XPOS roll-out in the Dubai market and the UAE.
We are also discussing aggressively with Dubai partners whether to include crypto assets in the XPOS in Dubai. That clearly will involve local compliance and legal for that to happen.
* **Your system upgrades expect merchants to have downtime on their XPOS terminals, can you explain if you plan to run a business why this would be considered feasible (specially at the rate you have been doing your upgrades)?**
Zac: Yes, the benefit / strength of the XPOS is that most of the updates can be done on the fly. For example, when we have a token update on our XPOS where developers submit their tokens on Open Platform, the updates of this token are on the fly, which means that once we approve the token on our Open Platform, it will automatically appear on XPOS without any software updates.
The great thing that we believe about XPOS is not just the support of crypto assets, but also the ability to update most things on the fly, which means that whenever we have a good feature or a new token, the updates will be done instantaneously.
* **Can you guys arrange at least a community voting which is the next blockchain we would like to see next in XPOS? Voting will help to prioritize to chose the projects.**
Zac: One of the reasons why BNB is being listed on the XPOS is simply because of its popularity and also our user demand, in a way that we are already answering to our community’s request.
Right now, our main focus is getting all the tokens submitted on Open Platform to be listed on the XPOS. The submission process includes legal and compliance valid, so our legal and compliance teams are working hard to make sure that we have more tokens to roll out onto Open Platform, which means that they will be on XPOS, XWallet, and XPASS.
As to a specific voting mechanism, we’d like to consider that and hopefully we’ll be able to run a specific voting for the chain which users would like to see.
* **While comparing Xpos handy to Square POS devices at least with mobile it’s very cheap like under $30 and easy to use. When can we expect such light weight and cheaper version for XPOS? Is team working on such devices ?**
Zac: There are different POS companies around the globe and pour focus is to work with these POS companies with our software, so that a crypto sales feature will be part of the existing POS system. The more support of crypto asset usage using our software on existing POS, the better it is for global adoption.
We actually strongly believe that the pricing of our POS system is competitive in the market. And one of the great features of the XPOS is that the merchants will not need not to pay a certain percentage to existing acquirer but to be able to earn certain percentage from each transaction. That is the key differentiator for merchant to want to adopt this.
* **From the website with some of the key Countries for XPOS adoption looks great. However, the concern is for Venezuela, there is no reference link like the others have. Can you guys add the link with details to clear the ambiguity?**
Zac: Let’s give a little bit more patience so that we can actually release more information about our Venezuelan partnership. The good news is that we expect concrete news from Venezuela in the coming 2 weeks. So stay up-to-date about our Venezuelan roll out on XPOS, the best way is to subscribe to our telegram group for Venezuela.
## On Partnerships
* **Are there some major partnership in the works? I’m also interested in how you do immediate transactions? Do you anticipate scaling issues?**
Zac: The way XPOS is being designed is that when you use your crypto assets to purchase, it will have instantaneous confirmation because the action is an off-chain process. An on-chain action happens when a user who owns crypto assets in our system transferring the assets out of the Pundi X ecosystem to their own wallets; or to transfer crypto assets in Pundi X from an off-chain to a private wallet, which we will have very soon on XWallet itself.
That is why we are able to handle scaling. When a person wants to use crypto currency to buy a coffee, the transaction will happen instantaneously.
For specific partnership, especially with B2B partnership, we oblige to the NDA that we have signed. But if you follow us closely, you’ll know that we go to different parts of the world, talking to major companies to try to land more deals so that NPXS usage will increase dramatically.
* **Any big partnerships for making xphone or using the software for xBlockchain?**
Zac: These partnerships are also subjected to NDA, so please be patient for us to release more news.
* **When will XPOS have approval to process Visa and MasterCard payments?**
Zac: We have met representatives from these players including some of the key management people. They are obviously looking into crypto currency attentively, and we hope that there’s something we can do with MasterCard and/or Visa.
This is something that the community has suggested and we agree fully. Please allow us with some time to work on this. We have also showcased XPOS to the CEO of MasterCard. For what or when will anything happen, please wait for our official announcement.
* **What’s the status on Quantum fund and their contribution or involvement with Pundi’s project?**
Zac: We announced last year that we are creating a fund to invest in projects beneficial to our ecosystem. We’ve identified some interesting projects, and we have invested in at least 1 project. The reason why we’re investing in that project is because of the services that it will bring onto the Pindi X ecosystem. So the purpose of the investment of the companies is that these companies in turn will benefit on our ecosystem. This is our key consideration.
The team has evaluated the projects that will benefit the Pundi X / Function X ecosystem. Vic and his team will be able to reveal more details on the companies we have invested in and how they will contribute to our ecosystem in Q3.
* **Recent update on NPXSXEM is highly ambiguous as mentioned that it will be now BEP token and later once FX goes live it will get back to Fx platform. Why you guys had so rush to use Binance chain only for few months? Isn’t you guys switching to much in a short time span?**
Zac: Liquidity and utility have been an issue for NPXSXEM. Due to the design philosophy and the limit of token that can be created on NEM’s smart contract, we are only able to create a small number of tokens on NPXSXEM. By moving into the Binance chain for NPXSXEM, the BEP2 token version will be able to support all the NPXSXEM tokens, which means that we’ll migrate and also be able to make sure all the NPXSXEM tokens are under the same contract address.
We believe with the strong liquidity, we will be able to give our NPXSXEM token holders a good reason of what the token holders have been waiting for. We hope to bring NPXSXEM to match the level of NPXS.
* **When #XRP?**
Zac: Our OpenPlatform is a currency agnostic platform, which means that we will work on integrating public chain as well as tokens that are most requested by the users. We’ll also be looking into the listing of different tokens that are being mentioned by the community.
As said, we will have at least one more public chain integration in Q3, perhaps even more.
* **Are you as a company going to try and connect with libra? If they have said they want to be a payment remittance service, have Square, PayPal, Visa on board I as an investor would prefer you try to join them rather than beat such large competitors**
Zac: Of course, we’ll be delighted to work with Facebook and also the Libra coin. Pundi X and XPOS is a currency agnostic / currency neutral platform, if there’s opportunity to list Libra coin or work with Facebook in different ways to promote crypto currency adoption, we’ll certainly look into that and work on reaching out to them.
## On Trading
* **Can you confirm during AMA, Pundi team is not involved with any trading with their own token like selling over time to manage the fund to run the company.**
Zac: All the wallet addresses of the team holdings are disclosed and transparent. This is one of the first things that we did after ICO. Hence, our token holdings are transparent and everyone can monitor our fund transactions. Also, we have strict internal financial regulation and compliance, shows that we are here to build a long-term project.
The best way to make NPXS or the NPXSXEM to rise is real daily life use case.
* **When will you stop manipulating NPXS chart?**
Zac: Our focus has always been and will be building great products. The more product usage, the demands for NPXS and NPXSXEM will increase. Let’s address again that, Pundi X the company is NOT involved in any manipulation of the NPXS price.
There are trading teams, market makers, financial institutions that profit from the drop and rise of token prices in the crypto market. The good thing about NPXS is that we have managed to create a high liquidity by listing on 40+ exchanges and having global trades and demand from all over the world. We hope this and coupled with the fact that we are a solid product and roll out the use cases, the demand of NPXS will only continue to rise and will be able to deter any of the traders or speculators there is for NPXS.
These traders gain profit from manipulating tokens whether BTC or other tokens. In fact, the traditional financial markets have similar challenges as well. What I want to stress is that, we at Pundi X, do NOT speculate or manipulate the price. We work very hard to create demands for NPXS and as a company, it is only beneficial for us to see the prices of NPXS and NPXSXEM rise.
* **Can we please address the elephant in the room which is the Binance bot with huge sell walls and buy walls causing huge distress and concern among users?**
Zac: First, I cannot confirm nor deny that whether Binance has a bot. I think this is something that you need to ask Binance. We need to work with Binance because Binance has one of the biggest liquidities, if not the greatest liquidity, for NPXS. The best way to counter manipulators is to create more use case, more demand and more acceptance of our tokens.
* **Why on almost all exchanges do you not offer a USDT trading pair?**
Zac: We have USDT trading pairs on Bittrex, Bittrue, and more. In addition, we have fiat pairs in Korean Won, IDR, INR, and Turkish liras. We will continue to work on adding trading pairs for NPXS to make it more liquidate.
* **Why don’t you offer a stable coin sell and purchase on the xpos to help with adoption? Places in Africa with volatile currencies would go crazy for this.**
Zac: It’s a great observation. This is a request that’s been asked from many users. We’re working on stable coin listing on XPOS and hopefully it’ll come soon. Stable coin requires a greater compliance and legal validate, which we have been working on since months ago and we hope to have the stable coin up in XPOS soon.
* **When will you add an active tracker for coin burn, whether its measured in usd, NPXS or whatever you choose. The community has been asking for this on twitter, reddit and telegram for this entire year.**
Zac: It will be hard for us to have a daily tracker of the coin burn, but what we might be able to work on is a tracker which have shown all of the tokens that have been removed from the usage. Thank you for giving us this great suggestion and we will work on it in some form.
Zac: Our token supply has always been specified in our white paper, and as promised in our white paper, we will continue to remove tokens through usage and use cases, which we’re working on all the time.
* **Price movement. When will NPXS go to which price?**
Zac: We cannot comment on the change of the price. Our focus is on building products. We hope by doing that the NPXS value will go up. Again, there’s no way that we can comment on the price.
**I believe that burning tokens every 14 weeks keeps the price suppressed and will only lead to huge pumps and dumps. Imo, If the burns were more frequent, the price would move organically.**
Zac: We continue removing tokens quarterly per advised by our legal and compliance team.
**Is it mandatory npxs swap? What happens for token we have in binance?**
Zac: No it’s not a mandatory NPXS swap for FX.
**How many NPXS or NPXSXEM was converted?**
Zac: In Q2, we will remove 29B NPXSXEM and 9B NPXS.
## On XWallet
* **Why not put in XWallet like the place where we can buy and sell like restaurants and shops?**
Zac: You are correct. In fact, if you look at XWallet, there is a merchant feature, whereby you can register as a merchant. By becoming a merchant, you will be able to print out your QR code and stick it on your restaurant. People are able to make payment through this QR code. This will act like a mini-XPOS.
* **In addition to that having multiple different blockchain in XWallet will increase the XWallet adoption. Hence, we would like to see aggressive game plan and execution from the team and would like to hear that**
Zac: That’s a great suggestion. Every day we want to increase use cases for XWallet. In fact, our XWallet update is one of the most frequent in the market. Within 5 months, we have over 10 updates on iOS and Google Play. This does not include soft update which happens every several days. In my view, the effort is very tremendous.
* **Is there any plan to add Swap option within XWallet so that people can trade the coins within XWallet?**
Zac: Yes, there’s such plan and in fact there is an upcoming feature that people will be able to use coins in XWallet to exchange into other things. The exact form and format have not been reviewed. We hope to share more when we have concrete example. But what you suggested is what we are planning for months ago.
* **When will XPOS and XWallet have fiat on ramps?**
Zac: This is a good question. It’s not only involved with regulatory compliance but also involved the technical part. This is also something we are planning for months. Once approved, hopefully we are able to support fiat currency on ramps and off ramps on XWallet.
**On Others*\*
* **How is the internal organization doing? Currently how many employees work for Pundi? Currently how many job positions are open?**
Zac: Pundi X has grown tremendously. We are now having over seven offices around the globe. I’m sitting in the Singapore office. We have office in Jakarta, Taiwan, Tokyo, Shenzhen, São Paulo and London. These are the places we have physical offices and house approximately 100 full time employees of Pundi X.
The positions open from Pundi X are legal associate in Singapore and other offices. We are looking for more R&D people, especially in Taiwan. We are looking at marketing and PR people in different parts of the world. And we are looking for POS distributors. As a POS distributor, you will work with our business development team and also our technical team to roll out many XPOS which you have a network to control in your local market.
* **Would you consider removing the KYC to allow u.s. holder to stake and be rewarded?**
Zac: We would love to have more users, including US. However, our compliance and legal advisors have not allowed us to accept US holders to stake and be rewarded.
I’m sorry to say that but this is after serious consideration to make such a decision. In fact, it is a very hard decision because we have healthy user base in the US.
will continue to monitor the situation in the different markets and be compliant. There are also ways to be rewarded when using XWallet service without KYC. We are looking into to explore more on this and launch new features. Hopefully we are able to bring the beta version for you to test this week or next.
**On XPhone*\*
* **Where are we on pre-sale announcement of Xphone? It was highlights of Q2 goal. If we are getting delay, that’s ok. But at least community will have some clarification why it’s getting late and when approximately it coming?**
Zac: Pre-sale order will start this month. It’s likely the end of July. Pre-sale will take place in different channel including the official website and XWallet. Apart of our own channel, the pre-sale will go live on a 3rd party channel. People will be able to pre-order crypto either in crypto or in fiat.
* **Can you discuss in AMA, is participants can pay with Crypto or Credit/debit card or in both ways?**
Zac: As a crypto company, we prefer payment in crypto, but fiat, Visa, MasterCard, and other traditional payment methods will be accepted on different pre-order channels. Stay tuned for pre-order which will happen in late July.
* **Will the Xphone be open to purchase in all regions of the world?**
Zac: Yes, pre-orders will be able to be done on-line, and products will be shipped from our offices to users in different parts of the world.
* **Will the blockchain mode on the Xphone be operable during the testnet or will this function not work until mainnet?**
Zac: XWallet and XPhone are the first channel and avenue for Function X testnet, so once the testnet is operateble, we will start to engage certain services on XWallet and XPhone into Function X testnet, and ultimately into mainnet. Slowly but surely.
* **Does Xphone have hard protective cover,extra Sim slot, also is it enhanced with ip68 water rating?**
Zac: XPhone will not be waterproof, so please do not submerge XPhone into water. XPhone will definitely be eavesdrop-proof because we’re using a blockchain mode, only you and you control your own conversation.
* **Which country accept the Xphone?** * **Will I also be able to use the SIM-card?** * **The blockchain modus will work in every country (what in the absense of nodes)?** * **Will the XPhone I buy now support updates in the future?**
Zac: People from any country will be able to buy XPhone on-line. You will be able to use a SIM for we have built a SIM slot. Wherever you are, the XPhone can be turned on to become a node.
Will XPhone support future updates? Yes, of course. Just like the XPOS, we support silent update. It will be like how we support XPOS, many updates. The updates will always be supported on XPhone.
**On Function X*\*
* **When is the detail white paper coming for FunctionX? Why the team is very resistive to have well documented white paper? We need scientific approach and well documentation on FunctionX to have developers to be more involved.**
Zac: Yes, developer involvement is a key criterion of the growth of Function X. We have done 2 things, one is that we have set up Function X Foundation which is led by David Ben Kay and will involve third party adviser and board members. Second, we have set up a developer relations team led by one of our own members as well. This team will work on creating developer documents, developer demos and sample, so that excellent developers can tap into working with Function X resources.
The first version of developer documentation is ready in English and Chinese. We are still polishing up the documents and hopefully to release them soon.
We are also working with third party developers, and are engaging at least 2 third party developer companies, so that we can help create their services on Function X and also XWallet.
We are hoping to showcase a smooth and usable service to the audience, we think this is the key criterion of the Function X growth.
Thank you for this suggestion. We need to update more often on github developer documentation as well.
As for the white paper, we did not have one per se because Function X did not do an ICO. But we will continue to update our white paper and include not only technical details, but also details on the chain and how we can get more developers and users so that the future hardware will be added as a node and you will be rewarded financially, at least through our ecosystem genesis fund. Please stay tuned and there are a lot of things going on in the company. Each and one of us is working hard.
* **Why does the FX ecosystem need a decentralized OS?**
Zac: The mantra of Function X is decentralization and having private control of your data. A full private control of your data comes with a decentralized system not just in transmission of your data, but with the operating system built fully for decentralization , which includes a transmission protocol replacing http. The apps uploaded into Function X will be decentralized as well as the data that is stored on the app, which means that how BitCoin or crypto assets are verified on different nodes will also be part of the way we store data and content.
The decentralized OS is key to fulfilling a decentralized environment for a more private and free usage.
* **What about FX are you most excited about?**
Zac: We are actually creating a shift of how people view of blockchain and how decentralization is not just about transacting commercial commodity, but also data, including your identity, are all decentralized. That is what we are most excited about.
The only way for us to achieve this is to have developer support, for we need the developers to build on the foundation we have to offer those exciting services.
* **We understand that developing a new blockchain is time consuming. As a community we are in a dark space to understand where exactly the development of FX right now.**
Zac: We are working hard on creating the testnet and eventually the mainnet. For the latest updates of Function X, what I can encourage you to do is to go on and subscribe to the Function X telegram group where discussions are made. We have formed the Function X Foundation and created the developer relations team, so that the Function X progress will go smoother and with more partnership from outside, whether it’s developers, third party companies, teleco, etc.
* **When FX goes live on the mainnet, will FX coin be used to stake and earn NPXS? how will staking work on that new mainnet?**
Zac: The NPXS/NPXSXEM staking will last till March 9, 2020 as announced. What we are committed is to create more use cases. For FX tokens, the use cases will be focusing on the Function X Chain and the use cases on Function X that include DApp on Function X and different hardware/software services.
* **When fx testnet will be available?**
Zac: First I would like to thank you for your constant support. In Q3, we plan to open Function X testnet so that we will be migrating and creating certain use cases that can be used on Function X testnet, starting with our own XWallet. Which means, the XWallet will migrate some features into Function X testnet, and slowly followed by our other Pundi X products, including XPhones, XPASS, Open Platform and Function X own developer related products from third parties.
submitted by crypt0hodl1 to PundiX [link] [comments]

[ECON] The Great Redemption

[M] Apologies for reposting this, but on my end the post kept disappearing for some reason, and I doubt anyone else could see it.
—————
[Central Bank of Chile](https://www.bcentral.cl/web/central-bank-of-chile/home), Augustinas 1180, Santiago de Chile

The Road to Redemption

January 9th, 2022
Following the collapse of Lehman Brothers on September 15th, 2008, the international financial fabric was torn apart into an existential crisis. Threatened by the "Great Recession", the global ruling class was forced into taking decisive action. Most Governments opted to bail out the banks, driven by their mantra of "too big to fail". Elsewhere, financial authorities and Central Banks opted to do the unthinkable by letting the market collapse.
In the wake of the global recession, a plethora of financial reforms were carried out. Some economists revisited the concept of doing away with fractional reserve banking altogether, with Iceland nearly leading the way. Most conventional politicians, meanwhile, opted to enact some of the most complex regulatory legislation in financial history, adding over eleven thousand pages to the bureaucratic burdern in the process.In the meantime, the regular "bloke on the street" had finally had enough and clamoured for change.
Today, nearly fifteen years later, "recession" has once again become the name of the game. With the European economy entering a state of contraction and German commercial banks facing imminent collapse, the global economic system is on the edge of being subjected to the worst economic crisis in recorded history. And while the Bundestag has already **recommitted itself to a bailout, others have yet to respond to the impending financial meltdown.
Although Chile and the rest of Latin America are somewhat isolated and thus shielded from the "European dumpster fire", the Government is keenly aware that the situation could quickly take a turn for the worse. As such, the Ministry of Finance and the Central Bank of Chile have decided to embark on what they call "The Great Redemption". And although financial reform is contrary to the Allende Administration's strictly interim nature of governance, the President believes that the State has an inherently entrenched obligation to protect its citizens from suffering at the hands of the financial system. "The old continent has finally met its end", an increasingly aged and fragile Allende told the New York Times. "And in this new world order, Chile leads the way."

Hard-coded Monetarism

Following the global financial and subsequent European sovereign debt crisis, the European Central Bank embarked on a "Quantitative Easing" program of monumental proportions. While "Super Mario's" money printing machine allowed for Keynesian contra-cyclical spending, the long-term consequences of the ECB's continued buyback program have seemingly far outstripped the benefits. Negative interest rates have become standard practice across the Eurozone, and Christine Lagarde's continuation of her predecessor's policies has effectively led to the loss of the continent's ability to undertake monetary policy. Meanwhile, "inflation's ugly twin" is threatening to put a halt to consumer spending, potentially throwing more oil on the continental-sized dumpster fire.

Towards a Cashless Society

Following the introduction of Bitcon in the wake of the global financial crisis, digital cryptocurrencies have promised to dramatically reshape our moodern conception of money. After having watched privately-sanctioned digital coinage wax and wane for several years, Central Bankers across the globe have increasingly started calling for a public alternative. The dangers of private digital fiat money became abundantly clear when social media behemoth Facebook announced it would issue its own global cryptocurrency), with the Bank for International Settlements publicly denouncing the notion of digital currency being monopolised by private actors. The French and German Governments quickly followed suit, striking a major blow to the Libra.

Privatisation with a Human Face

Founded in 1953 by President Carloz Ibañez del Campo, the Bank of Chilean State is the country's third largest bank. BancoEstado has been ranked Latin America's safest bank since 2012, and the 48th safest bank in the world and 6th in the Southern Hemisphere since 2015. BancoEstado - whicich is rated AA3 by Moody's - is furthermore the only bank to service all of the country's communes, while being the sole financial service provider in theseventy-seven of the most remote Chilean localities.

Premium Insurance

Other Measures

The Chilean Government hopes - above all - that its willingness to undertake radical reforms will serve to inspire Euuropean Governments and Central Banks into being ambitious in their response to the continet's economic issues. At the same time, the Chilean financial sector is expected to become one of the world's most innovative, competitive and dynamic payments markets, continuing the country's reputation as Latin America's "Shining Star".Only time will tell whether or not these reforms will actually bear their fruits.

Footnotes

  • 1 - Based on a quote by Milton Friedman.
  • 2 - Customer support, mobile and internet banking, etc
  • 3 - I based this figure on the 2018 Annual Report, where on page 46 it states that the bank's total consolidated assets total more than $40 billion dollars. The figures I gave in terms of revenue are based on the subsequent economic growth, the willingness of Chileans to gain ownership of the bank for nationalist reasons, and on thee fact that both Peter_j_ and ForestChapel valued the bank at $50 billion in previous seasons. Please feel free to provide me with imput as I'm not very well vested in corporate valuations.
  • 5 - This is based on the so-called Bibby Plan, which is briefly described on the deposit insurance wikipedia page, as well as on basic econoics.
  • 6 - Regulations regarding the creation of a new bank will be adressed in a separate post.
[M] Much of the stuff in this post is based on recommendations by the Sustainable Finance Lab, a high profile Dutch financial think tank. As such, some of the stuff in this post might be a bit out of place considering the vastly different nature of the Dutch financial sector. Most of it should still be universally applicable, though.
submitted by TheForgottenVanGogh to GlobalPowers [link] [comments]

Daily analysis of cryptocurrencies 20191023(Market index 33 — Fear state)

Daily analysis of cryptocurrencies 20191023(Market index 33 — Fear state)

https://preview.redd.it/folaa2ztw9u31.jpg?width=1200&format=pjpg&auto=webp&s=a0aaa8476acb68252087ddf0558d293b5a9a9392

Germany Warns Of Privacy Token Usage In Money Laundering And Terrorism According to Cointelegraph, the German Federal Ministry of Finance has expressed concerns about rising use of privacy tokens due to their association with criminal activities and difficulties in tracking them. Published on Oct 19, the ministry’s “First Money Laundering and Terrorist Financing National Risk Assessment” for 2018–2019 provided analysis aimed at the identification of existing and future risks in the field of anti-money laundering (AML) and terrorism financing (TF) in Germany. Among other challenges, the report examines circulation of cryptocurrencies in the darknet for criminal purposes.
State Probe Of Facebook Expands To 47 Attorneys General According to Reuters news flash, the state probe of Facebook on allegations that the company put consumer data at risk and pushed up advertising rates has expanded to attorneys general from 47 states and territories, New York Attorney General Letitia James said on Tuesday, October 22 in a statement.
Bank Of Lithuania Becomes First Market Regulator To Issue Guidelines On STOs According to coinpage, Bank of Lithuania has become the first of market regulators to issue guidelines on STOs. The new guidelines are focussed on the classification of security tokens, assessing specific cases and providing recommendations related to the issue of the security tokens and also clarify on applicable legal regulation. Furthermore, enterprises planning to use the STO method will need to comply with EU and national legislation regulating capital-raising activities.
TBCASoft, IBM And SoftBank Announced A Mobile Payment Blockchain Blockchain platform TBCASoft, technology behemoth IBM and telecommunications conglomerate SoftBank announced on Oct 22 a collaboration to adopt a cross-carrier telecommunications blockchain payment solution.

Encrypted project calendar(October 23, 2019)

MIOTA/IOTA: IOTA (MIOTA) IOTA will host a community event on October 23rd at the University of Southern California in Los Angeles with the theme “Connecting the I3 Market and Experiencing Purchase and Sales Data.” BTC/Bitcoin: The WBS World Blockchain Summit (Middle East) will be held in Dubai from October 23rd to 24th. Cardano (ADA) and 1 other: 23 October 2019 WBS Dubai “One of a kind gathering of 500+ curated & pre-qualified investors, CEOs, CIOs, CTOs, Heads of Blockchain, Chief Digital Officers CloakCoin (CLOAK): 23 October 2019 (or earlier) CloakCoin Competition “CloakCoin competition : solve the CloakCoin ENIGMA transaction, 3rd round.” Loom Network (LOOM): 23 October 2019 Singapore Meetup “Unstack the Stack Series: Loom Network” from 6:30–8:30 PM (SST). BTGS/Bitdog: ZG.COM will open the BTGS currency and coin transfer business at 14:00 on October 23, and open the BTGS/USDT transaction pair on October 23 at 18:18. Waltonchain (WTC): 23 October 2019 Transfers Suspended “$WTC deposits and withdrawals on #TaibiExchange will be suspended from 00:00 Oct 22 (UTC+8) and are estimated to resume at 15:00 Oct 23

Encrypted project calendar(October 24, 2019)

BCN/Bytecoin: Bytecoin (BCN) released the hidden amount of the Bytecoin block network on October 24. Horizen (ZEN): 24 October 2019 Weekly Insider Team updates at 3:30 PM UTC/ 11:30 AM EDT: Engineering, Node network, Product/UX, Helpdesk, Legal, BD, Marketing, CEO Closing thoughts, AMA. ANT/Aragon: Aragon (ANT) Aragon Network will hold the theme “DAO: ICO and DeFi next step” in Hong Kong on October 24th? DATA/Streamr DATAcoin: Streamr DATAcoin (DATA) Streamr Network Technology Exchange and Project Development Conference will be held in London on October 24th. Lisk (LSK): 24 October 2019 Coding Workshop — Berlin “During this workshop you will acquire the skills to create custom transactions with the Lisk Alpha SDK using Node.js.” BTU Protocol (BTU): 24 October 2019 Africa IT Expo “Our co-founder @vidal007 will be speaking at upcoming @africa_aitex [African IT Expo] held in #Rabat #Morocco on 24th of October.” Matrix AI Network (MAN): 24 October 2019 YouTube AMA YouTube AMA from 3PM, October 24 (GMT+8). Utrum (OOT): 24 October 2019 AtomicDex Listing “We are pleased to announce that Utrum coin OOT is getting listed on Komodo Platform Decentral Exchange — AtomicDEX. “

Encrypted project calendar(October 25, 2019)

ADA/Cardano: Cardano (ADA) The Ada community will host a community gathering in the Dominican Republic for the first time on October 25. Crypto.com Coin (CRO): 25 October 2019 Live AMA with CEO “Live AMA with our CEO @Kris_HK on @cryptocom’s Twitter next Friday, 25 October, 11AM HKT.” GST/GSTCOIN: GSTCOIN(GST)LBank will be online GST on October 25, 2019 at 16:00 (UTC+8), open trading pair: GST/USDT, GST/ETH.

Encrypted project calendar(October 26, 2019)

KAT/Kambria: Kambria (KAT) Kambria will host the 2019 Southern California Artificial Intelligence and Data Science Conference in Los Angeles on October 26th with IDEAS. BTC/Bitcoin: CoinAgenda Global Summit will be held in Las Vegas from October 26th to 28th Horizen (ZEN): 26 October 2019 (or earlier) ZEN 2.0.19 Upgrade Zen 2.0.19 upgrade at block #610000, which is expected around October 26.

Encrypted project calendar(October 27, 2019)

ICON (ICX): 27 October 2019 Money 20/20 USA Event Money 20/20 USA in Las Vegas from October 27–30.

Encrypted project calendar(October 28, 2019)

LTC/Litecoin: Litecoin (LTC) 2019 Litecoin Summit will be held from October 28th to October 29th in Las Vegas, USA BTC/Bitcoin: Mt.Gox changes the debt compensation plan submission deadline to October 28 ZEC/Zcash: Zcash (ZEC) will activate the Blossom Agreement on October 28th Stellar (XLM): 28 October 2019 Protocol 12 Upgrade Vote Horizon v0.22.0 has been released, which supports Protocol 12. This gives everyone ample time to prepare for the Protocol 12 upgrade vote Celsius (CEL) and 3 others: 28 October 2019 Litecoin Summit “…The Litecoin Summit offers two fun, jam-packed days with something for everyone.” XFOC (XFOC): The IDAX platform will be online XFOC and will open the XFOC/USDT trading pair at 13:00 on October 28. MEDIUM (MDM): The IDAX platform lists MDM and will open MDM/BTC trading pairs on October 28th at 15:00. ZB/ ZB Blockchain: The “2019 Hamburg Intercontinental Dialogue Conference” hosted by ZB.com will be held from October 28th to November 9th at the Four Seasons Hotel Hamburg, Germany. BQT (BQTX): 28 October 2019 Down for Maintenance BQTX.com will be down for maintenance on the 28th of October from 7 to 12am UTC.

Encrypted project calendar(October 29, 2019)

BTC/Bitcoin: The 2nd World Encryption Conference (WCC) will be held in Las Vegas from October 29th to 31st. ICON (ICX): 29 October 2019 Decentralization “As a result, the decentralization schedule of the ICON Network has been changed from September 24, 2019 to October 29, 2019.” Ark (ARK): and 10 others 29 October 2019 WCC 2019 Second annual Blockchain and Cryptocurrency Technology event, World Crypto Conference (WCC), October 29th — October 31, 2019. Insifa (ISF): 29 October 2019 Prototype Alpha “We from Insifa have decided to be more open. Our Prototype will be developed in scrum. This means new releases every two weeks.”

Encrypted project calendar(October 30, 2019)

MIOTA/IOTA: IOTA (MIOTA) IOTA will host a community event on October 30th at the University of Southern California in Los Angeles on the topic “How to store data on IOTA Tangle.” TRON (TRX): 30 October 2019 SFBW19 Afterparty “TRON Official SFBW19 Afterparty from 7–10:30 PM in San Francisco.” Horizen (ZEN): 30 October 2019 Horizen Quarterly Update Join our first Quarterly Update on October the 30th at 5 PM UTC/ 1 PM EST. Deeper look into Engineering, BD, Marketing, and more. Aeternity (AE): 30 October 2019 Hardfork “The third hardfork of the æternity Mainnet is scheduled for October 30, 2019.” Valor Token (VALOR): 30 October 2019 Transaction Fees Resume “It’s September and the SMART VALOR Platform is still waiving transaction fees for all members, until October 30th!” Aragon (ANT): 30 October 2019 Singapore Meetup “Aragon on DAOs and DeFi” from 6:30–8:30 PM. Kambria (KAT): 30 October 2019 Outliers Hashed Awards Outliers Hashed awards from October 30–31. Ethereum Classic (ETC): 30 October 2019 Cohort Demo Day “ETC Labs hosts it’s 2nd Cohort Demo Day. Learn about the companies and project being accelerated through the Ethereum Classic ecosystem.”

Encrypted project calendar(October 31, 2019)

Spendcoin (SPND): 31 October 2019 (or earlier) Cross Ledger Mainnet “Cross Ledger Mainnet Release and SPND Token Swap,” during October 2019. Spendcoin (SPND): 31 October 2019 (or earlier) Blkchn University Beta “Blockchain University Beta goes live,” during October 2019. Stellar (XLM): 31 October 2019 (or earlier) Minor Release “We will have 6 Minor Releases in 2019; one each in February, March, May, June, August, and October.” Bitcoin SV (BSV): 31 October 2019 (or earlier) BSV Conference Seoul No additional information. Seele (SEELE): 31 October 2019 (or earlier) Public Network Mainne launch has been moved to Oct 31 . Howdoo (UDOO): 31 October 2019 (or earlier) Howdoo Live on Huawei Howdoo begins its exciting partnership with Huawei with listing as a featured app starting in October. Chiliz (CHZ): 31 October 2019 (or earlier) App Soft Launch Soft launch of Socios App by end of October. Dent (DENT): 31 October 2019 (or earlier) Loyalty Program “Afterburner loyalty program launch for all 21,6 Million mobile #DENT users will be in October!” IceChain (ICHX): 31 October 2019 (or earlier) Wallet Release IceChain releases wallet during October. Chiliz (CHZ): 31 October 2019 (or earlier) New Partnerships New sports and new teams joining Socios (+more updates and events) will be announced in the upcoming weeks. Horizen (ZEN): 31 October 2019 Weekly Insider Team updates at 3:30 PM UTC/ 11:30 AM EDT: Engineering, Node network, Product/UX, Helpdesk, Legal, BD, Marketing, CEO Closing thoughts, AMA. PCHAIN (PI): 31 October 2019 (or earlier) New Website No additional information. IOST (IOST): 31 October 2019 (or earlier) New Game on IOST “Eternal Fafnir, a new role-playing game developed by INFUN is coming to you in Oct.” Achain (ACT): 31 October 2019 Mainnet 2.0 Launch “… The main network is officially scheduled to launch on October 31.” Mithril (MITH):31 October 2019 Burn “MITH burn will take place on 2019/10/31 2pm UTC+8. “ Aergo (AERGO): 31 October 2019 (or earlier) Aergo Lite V1.0 Release AergoLite, which brings blockchain compatibility to billions of devices using SQLite, released during October 2019. TE-FOOD (TFD): 31 October 2019 (or earlier) Complementary Product “Development of a new, complementary product with a new partner, which we hope to be launched in September-October.” Edge (DADI): 31 October 2019 (or earlier) Full Open Source Code base for the network fully open-sourced in September or October. BlockStamp (BST): 31 October 2019 (or earlier) ASIC Miner Prototype In orderr to ensure BlockStamps continued decentralization, we will release a BST ASIC miner for testing. Perlin (PERL): 31 October 2019 (or earlier) SSA Partnership “Perlin has partnered with the Singapore Shipping Association to create the International E-Registry of Ships (IERS)” Skrumble Network (SKM): 31 October 2019 (or earlier) Exchange Release “3rd dApp: Exchange Release,” during October 2019. EDC Blockchain (EDC): 31 October 2019 (or earlier) Blockchain Marketplace “As you already know, our ECRO blockchain marketplace is ready for release, and will open to the global community in October!” BlockStamp (BST): 31 October 2019 (or earlier) ASIC Miner Prototype In orderr to ensure BlockStamps continued decentralization, we will release a BST ASIC miner for testing. XinFin Network (XDCE): 31 October 2019 Homebloc Webinar “XinFin — Homebloc Webinar 2019” from 9–10 PM. Akropolis (AKRO): 31 October 2019 (or earlier) Alpha Release “Delivers the initial mainnet implementation of protocol. All building blocks will be united to one product.” Hyperion (HYN): 31 October 2019 (or earlier) Economic Model The final version of the HYN Economic Model launches in October.

Encrypted project calendar(November 1, 2019)

INS/Insolar: The Insolar (INS) Insolar wallet and the redesigned Insolar Block Explorer will be operational on November 1, 2019. VeChain (VET):”01 November 2019 BUIDLer Reunion Party BUIDLer Reunion Party in San Francisco from 8–11 PM. uPlexa (UPX): 01 November 2019 Steadfast Storm — PoS/PoW split (Utility nodes ie. master nodes) — Upcoming Anonymity Network much like TOR — Privacy-based DApps — Reduced network fees. Enjin Coin (ENJ): 01 November 2019 MFT Binding “ICYMI: On Enjin Coin’s 2nd anniversary (November 1), Enjin MFTs will be bound to hodlers’ blockchain addresses…” Auxilium (AUX):01 November 2019 AUX Interest Distribution Monthly interest distribution by Auxilium Interest Distribution Platform for coinholders. Also supports charity. Havy (HAVY):01 November 2019 Token Buyback “Havy tokens buyback, Only in 1 exchange between Idex, Mercatox & Hotbit. The exchange depends on the most lower sell wall.”

Encrypted project calendar(November 2, 2019)

Kambria (KAT): 02 November 2019 VietAI Summit 2019 Kambria joins forces with VietAI for the annual VietAI Summit, with top experts from Google Brain, NVIDIA, Kambria, VietAI, and more!

Encrypted project calendar(November 4, 2019)

Stellar (XLM): 04 November 2019 Stellar Meridian Conf. Stellar Meridian conference from Nov 4–5 in Mexico City. Cappasity (CAPP): 04 November 2019 Lisbon Web Summit Lisbon Web Summit in Lisbon, Portugal from November 4–7.

Encrypted project calendar(November 5, 2019)

Nexus (NXS): 05 November 2019 Tritium Official Release “Remember, Remember the 5th of November, the day Tritium changed Distributed Ledger. Yes, this is an official release date.” NEM (XEM): 05 November 2019 Innovation Forum — Kyiv NEM Foundation Council Member Anton Bosenko will be speaking in the upcoming International Innovation Forum in Kyiv on November 5, 2019.

Encrypted project calendar(November 6, 2019)

STEEM/Steem: The Steem (STEEM) SteemFest 4 conference will be held in Bangkok from November 6th to 10th. KIM/Kimcoin: Kimcoin (KIM) Bitfinex will be online at KIM on November 6, 2019 at 12:00 (UTC).

Encrypted project calendar(November 7, 2019)

XRP (XRP): 07 November 2019 Swell 2019 Ripple hosts Swell from November 7th — 8th in Singapore. BTC/Bitcoin: Malta The A.I. and Blockchain summit will be held in Malta from November 7th to 8th.

Encrypted project calendar(November 8, 2019)

BTC/Bitcoin: The 2nd Global Digital Mining Summit will be held in Frankfurt, Germany from October 8th to 10th. IOTX/IoTeX: IoTex (IOTX) will participate in the CES Expo on November 08

Encrypted project calendar(November 9, 2019)

CENNZ/Centrality: Centrality (CENNZ) will meet in InsurTechNZ Connect — Insurance and Blockchain on October 9th in Auckland.

Encrypted project calendar(November 11, 2019)

PAX/Paxos Standard: Paxos Standard (PAX) 2019 Singapore Financial Technology Festival will be held from November 11th to 15th, and Paxos Standard will attend the conference.

Encrypted project calendar(November 12, 2019)

BTC/Bitcoin: The CoinMarketCap Global Conference will be held at the Victoria Theatre in Singapore from November 12th to 13th
https://preview.redd.it/uvnuirkww9u31.png?width=504&format=png&auto=webp&s=737fdd29c36f554223c9e7473cf843c60fe2bb6a

Recently, bitcoin made a few attempts to gain strength above the $8,300 resistance area against the US Dollar. BTC price even spiked above the $8,350 level, but it failed to continue higher.
As a result, a swing high was formed near $8,323 and the price started a fresh decline. During the decline, there was a break below a couple of important supports near $8,100 and $8,200. Moreover, there was a break below a short term ascending channel with support near $8,240 on the hourly chart of the BTC/USD pair.
Finally, bitcoin traded below the $8,100 support area and settled below the 100 hourly simple moving average. It is now trading below the $8,000 level and a low was formed near $7,932.
Review previous articles: https://medium.com/@to.liuwen

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Daily analysis of cryptocurrencies 2019–11–18(Market index 38 — Fear state)

Daily analysis of cryptocurrencies 2019–11–18(Market index 38 — Fear state)

https://preview.redd.it/z988snbubgz31.jpg?width=658&format=pjpg&auto=webp&s=8ff1c77605423352395c4ca6bda5e5d7ac800813

Thailand Ministry Of Finance To Launch Blockchain-Based Visitor VAT Refund ServiceAccording to the Bangkok Post, the Thai Ministry of Finance plans to introduce a blockchain-based value-added tax (VAT) for foreign tourists from the end of November. Thai Financial Minister Uttama Savanayana said that blockchain-based technology will speed up the refund process for visitors because once the store enters information into the system, the purchase details will be shared with the tax department and customs department based on the blockchain.
German And South African Regulators Issue Fraud Warnings On Karatbars InternationalIn Germany, according to a recent press release by BaFin, the Federal Financial Supervisory Authority of Germany, a cease and desist order has been issued against Karatbit. The order is to stop the company from its unauthorized electronic money business in Germany.As for South Africa, the Financial Sector Conduct Authority issued its own press release warning the public to not deal with Karatbars International, as it is not authorized in terms of the Financial Advisory and Intermediary Services Act, to render any financial advice and intermediary services. The press release continues that the authority was informed that the company has been offering investments to customers through WhatsApp, a messaging platform.
China’s Army Considering A Blockchain Rewards System, ReportChina’s military could implement a blockchain rewards system to manage personnel data and incentivize its workforce, the Global Times reported on Nov. 18. Citing a People’s Liberation Army (PLA) Daily report, the Global Times underscores that the blockchain system would likely not involve financial incentives, but would be used as an innovation strategy for the military’s management.
Yahoo And LINE Announce Basic Agreement On Business Integration; Both Of Them Have Crypto ExchangesYahoo parent company Z Holdings (ZHD) and LINE formally announced that they had a basic agreement on business integration. On Nov 13, it was reported that the companies were approaching integration in the media reports. If Yahoo, which has the cryptocurrency exchange TAOTAO, and LINE, which also operates the cryptocurrency exchange BITMAX, will be integrated, it will have a major impact on the cryptocurrency industry.
https://preview.redd.it/ruwrql7cbgz31.png?width=504&format=png&auto=webp&s=0eba3291ecd7ffbbb06946afa8f1c6695c2a7e99

BTC — BTC fell briefly yesterday, rebounding after falling to $8368 at the lowest level and falling after hitting $8620 at the highest level.In terms of capital flow, the net inflow in 24 hours was 3 billion yuan, a significant increase over the previous day.On the 4-hour K-line, the slope of the downward trend rate is slowing down, the trading volume continues to shrink, and the volatility has also dropped to a new low in recent years.At this stage, the disk support and pressure are weak, only part of the energy is needed, and it is easy to pull up. It is not difficult to break through the pressure of 8600 and 8800 dollars, and 9000 dollars is the strong pressure level.But it doesn’t make much sense to pull it up. The market information hasn’t been restored.The overall trend is roughly between $8400 and $8600.In terms of operation, the spot continues to hold, while the futures are not recommended for operation.
Review previous articles: https://medium.com/@to.liuwen

Encrypted project calendar(November 18, 2019)

Maker (MKR): 18 November 2019 MCD Launch “BIG changes to terminology are coming with the launch of MCD on Nov. 18th Say hello to Vaults, Dai, and Sai.”Vexanium (VEX): 18 November 2019 Nodes Blockchain Summit Vexanium will collaborate with Nodes Community to hold a blockchain conference called the Nodes Blockchain Summit.OKB (OKB): 18 November 2019 Utrecht Workshop “EVENT: We’re going back to basics with #101 workshops on #CryptoTrading in Utrecht & AmsterdamSantiment Network Token (SAN): 18 November 2019 Reddit AMA “…@Santimentfeed will be conducting its first Reddit AMA on the@EthfinanceRsubreddit on Monday, November 18, 2019 from 12pm to 3pm EST”.Decentralized Currency Assets (DCA): 18 November 2019 Added to Echoestrader “Decentralize Currency Assets(DCA) support’s the first crypto algorithm exchange goes live on november 18th 2019.”Aeternity (AE): and 5 others 18 November 2019 [TWITTERPOST] Shift Money 2019 conference from Nov 18–19 in Croatia.Maker (MKR): 18 November 2019 MCD Launch “BIG changes to terminology are coming with the launch of MCD on Nov. 18th Say hello to Vaults, Dai, and Sai.”Pundi X (NPXS): 18 November 2019 Binance Italian AMA “On November 18 at 3:00 pm CET, @binance Italian group will host AMA series with @peko0413 !”Crypto.com Coin (CRO): 18 November 2019 Exchange Closed Beta “Closed Beta starts the week of 18 Nov.”

Encrypted project calendar(November 19, 2019)

Lisk (LSK): 19 November 2019 Lisk.js “We are excited to announce liskjs2019 will take place on November 19th. This all day blockchain event will include…”Aion (AION): 19 November 2019 Hard Fork “Leading up to the hard fork on November 19th-20th, 2019 the Unity — Aion Kernel will be upgraded by node operators.”Enigma (ENG): 19 November 2019 Open Community Call The first Enigma Open Community Call is Tuesday, Nov 19th, 11AM ET! important updates on our protocol, the Genesis Game, and our road ahead.Lisk (LSK): 19 November 2019 Berlin Meetup “Ahead of LiskJS2019, our partners Berlin Valley are hosting a startup industry networking event, #DigitalTalents, tomorrow. “BitMax Token (BTMX): 19 November 2019 BitMax Delisting BitMax removes BTMXP/BTC, ETH/USDC, ETH/PAX, BAT/ETH, ZEC/ETH, DASH/ETH, LAMB/ETH, ZIL/ETH, COVA/ETH, ETC/ETH, FET/ETH, LAMBS/ETH, XTZ/ETH.

Encrypted project calendar(November 20, 2019)

OKB (OKB): 20 November 2019 OKEx Cryptour Odessa Ukr “Join us in Odessa as we journey through Ukraine for our OKEx Cryptour!DAPS Token (DAPS): 20 November 2019 Partnership with SWFT “Everyone will have $DAPS mobile wallets, atomic swaps and much more starting on the 20th of November!”Aragon (ANT): 20 November 2019 Draft Proposal Deadline “Draft proposals for Aragon Network Vote #5 are due in one week, on November 20 at 16:00 UTC…”IOTA (MIOTA): 20 November 2019 Smart City Expo Wilfried Pimenta, our Director of Business Development, will be among the speakers at the AI & Blockchain Summit in the Smart City Expo Worl…Bitcoin Fast (BTCF): 20 November 2019 BTCF Snapshot Snapshot taken of BTCF holders at 8:00 am (GMT-6).Credits (CS): 20 November 2019 AMA AMA with Credits team at 15:00 UTC.

Encrypted project calendar(November 21, 2019)

Cardano (ADA): and 2 others 21 November 2019 Meetup Netherlands (AMS) “This meetup is all about how to decentralize a blockchain, the problems and differences between Proof-of-Work and Proof-of-Stake…”Cappasity (CAPP): 21 November 2019 Virtuality Paris 2019 “Cappasity to demonstrate its solution for the interactive shopping experience at Virtuality Paris 2019.”Horizen (ZEN): 21 November 2019 Weekly Insider Team updates at 3:30 PM UTC/ 11:30 AM EDT: Engineering, Node network, Product/UX, Helpdesk, Legal, BD, Marketing, CEO Closing thoughts, AMA.OKB (OKB): 21 November 2019 OKEx Talks — Johannesburg “Join us the largest city of South Africa — Johannesburg where we will host our OKEx Talks on the 21st Nov.”IOST (IOST): 22 November 2019 Singapore Workshop Join the Institute of Blockchain for their 2nd IOST technical workshop in Singapore on 22 Nov 2019. The workshop includes IOST’s key tech.OKB (OKB): 22 November 2019 St. Petersberg Talks “Join us in St. Petersberg on 22 Nov as we answer your questions on Crypto Security. “NEM (XEM): 21 November 2019 SME Thought Leadership “SME Thought Leadership Series Forum #2” in Selangor, Malaysia from 8:30 AM — 2:30 PM.Stellar (XLM): 21 November 2019 NYC Meetup “Stellar Blockchain Meetup ft. FIC Network and Sam Conner’s Meridian Recap” in NYC from 6–8 PM.Waves (WAVES): 21 November 2019 Edinburgh Workshop “Next Thursday, we’re running a practical workshop on building DeFi products & designing Smart Contracts in your city!”

Encrypted project calendar(November 22, 2019)

IOST (IOST): 22 November 2019 Singapore Workshop Join the Institute of Blockchain for their 2nd IOST technical workshop in Singapore on 22 Nov 2019. The workshop includes IOST’s key techOKB (OKB): 22 November 2019 St. Petersberg Talks “Join us in St. Petersberg on 22 Nov as we answer your questions on Crypto Security. “Zenon (ZNN): 22 November 2019 Awareness Fund Payout “Distribution of the fund takes place every Friday until Pillars Lock-in Phase is completed.”

Encrypted project calendar(November 23, 2019)

Californium (CF) and 1 other: 23 November 2019 Greece Meetup “On November 23, the Greek #Cryptocurrency Community Meetup will take place in Greece!”

Encrypted project calendar(November 25, 2019)

0x (ZRX): 25 November 2019 0x V3 Proposal Live “The 0x v3 proposal was approved and will go live on Ethereum mainnet starting November 25th!”Dynamic Trading Rights (DTR): 25 November 2019 Chain Migration “On November 25 at 23:00 CET, TokensNet will make a migration of the $ELI token from Ethereum blockchain to Bitcoin Cash blockchain…”

Encrypted project calendar(November 27, 2019)

OKB (OKB): 27 November 2019 OKEx Cryptour Vinnytsia “Join us in Vinnytsia as we journey through Ukraine for our OKEx Cryptour!”Fetch.ai (FET): 27 November 2019 London Meetup “Join us on 27 November @primalbasehq to hear an exciting progress report as we prepare for the launch of our #mainnet”

Encrypted project calendar(November 28, 2019)

Horizen (ZEN): 28 November 2019 Weekly Insider Team updates at 3:30 PM UTC/ 11:30 AM EDT: Engineering, Node network, Product/UX, Helpdesk, Legal, BD, Marketing, CEO Closing thoughts, AMA.

Encrypted project calendar(November 29, 2019)

Zenon (ZNN): 29 November 2019 Awareness Fund Payout “Distribution of the fund takes place every Friday until Pillars Lock-in Phase is completed.”

Encrypted project calendar(November 30, 2019)

Ethos (ETHOS): 30 November 2019 (or earlier) Rebranding “In November, we unveil the broker token, a dynamic utility token to power our commission-free crypto trading and broker platform, Voyager.”Digitex Futures (DGTX): 30 November 2019 Public Testnet Launch “…We can expect to see the world’s first zero-commission futures trading platform live on the Ethereum public testnet from 30th November.”Monero (XMR): 30 November 2019 Protocol Upgrade “Preliminary information thread regarding the scheduled protocol upgrade of November 30.”Chiliz (CHZ): 30 November 2019 (or earlier) Fiat to CHZ Exchanges “We will add another two fiat to $CHZ exchanges in November…”Skrumble Network (SKM): 30 November 2019 (or earlier) P2P & Group Calling “P2P & Group Video Calling,” during November 2019.Aergo (AERGO): 30 November 2019 (or earlier) Mainnet 2.0 Upgrade Mainnet 2.0 Protocol update by end of November.Akropolis (AKRO): 30 November 2019 (or earlier) Beta Release “All functionality has been deployed to mainnet.”Nash Exchange (NEX): 30 November 2019 (or earlier) Mobile Strategy Phase 2 “Phase 2 of our mobile strategy will be live soon with our wallet and portfolio app hitting stores in November!”Akropolis (AKRO): 30 November 2019 (or earlier) Beta Release “All functionality has been deployed to mainnet.”Pakcoin (PAK): 30 November 2019 Staking Mobile App Android app for staklet is going to be launched on November 30th.

Encrypted project calendar(December 1, 2019)

Auxilium (AUX): 01 December 2019 AUX Interest Distribution Monthly interest distribution by Auxilium Interest Distribution Platform for coinholders. Also supports charity.I/O Coin (IOC): 01 December 2019 Pos Reward Halving IOC block reward halving is happening on December 1st 2019.

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CNBC: "I have long been a proponent of Friedrich August von Hayek" - Member of German Finance Committee

"We should have competition in the production of money. I have long been a proponent of Friedrich August von Hayek scheme to denationalize money. Bitcoins are a first step in this direction,"said Frank Schaeffler, a member of the German parliament's Finance Committee, who has pushed for legal classification of bitcoins.
WOW!
A politician, in a government finance committee, declaring affinity for F.A. Hayek?!? Maybe there is hope for the world.
Source: http://www.cnbc.com/id/100971898
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Some news you may have missed out on part 33.

-‘Project is ready’: Minister says govt going to build ‘Pakistan University of Media Sciences’
Information Minister Fawad Chaudhry on Monday announced the government plan to build a varsity titled ‘Pakistan University of Media Sciences’. He underlined that the project of the university was ready in first 100 days of the incumbent government.
In a twitter message this morning, Mr. Chaudhry said: “Alhamdolillah Pak University of media sciences project is ready in first 100 days of PTI Govt, this ll be our biggest contribution to Pak media industry.”
-GB govt approves weather allowance for employees
The Gilgit-Baltistan (GB) government has approved the provision of weather allowance to the government employees from November-February. The GB Finance department in a letter to the AG Office directed payment of weather allowance to the employees in November salary, an official press release said here on Monday. The department has released Rs471 million budget under the head of the weather allowance to the employees. It is pertinent to mention here that the last government had abolished the said weather allowance.
-Pakistan Railways comes up with a major project
The government is embarking upon a major project of laying a new double rail track from Karachi to Peshawar. Sheikh Rashid said that two new freight trains and Rehman Baba Express train will be launched on the 25th of next month.
-Pakistan and Malaysia agree to enhance cooperation in defence sector
Pakistan and Malaysia have agreed to promote mutual cooperation and defense ties to further strengthen their relations.
-Finding home in a foreign land: German photographer falls in love with the streets of Pakistan
Your daily "please love us whites" article. This one is a good read.
-Digital Currencies in Pakistan: State Bank of Pakistan issues important instructions
The State Bank of Pakistan has declared the digital currencies, tokens and coins as illegal, advising all concerned and general public to report those making transactions in digital currencies or coins to the Financial Monitoring Unit of the bank. The central bank issued a circular declaring that all digital currencies and coins including Bitcoin, Litcoin, Pakcoin and other are not legal tender thus are illegal.
HEALTH - Islamabad to get 200-bedded hospital with Saudi support: minister
A delegation from Saudi Arabia led by Abdullah Al Shoebi called on Federal Minister for National Health Services Aamer Mehmood Kiani today to discuss construction of 200 bedded hospital in Islamabad with support of the Saudi Government. The minister informed that the premises has been secured and is ready for construction to start. Federal Minister National Health Services was briefed that the 200 bedded Islamabad General Hospital at Tarlai will be established at a total cost of Rs.2499.993 (million) on land measuring 13.07 Acres.
-Federal Information Commission launched by PTI government
Information Minister Chaudhry Fawad Hussain says the Right to Information act will help bring transparency in the country to curb corruption. He was addressing a ceremony in Islamabad on Monday in connection with launch of Federal Information Commission for implementation of Federal Right to Information Law. He said the law will help journalists to seek information on various issues from the government departments. Each government department will be obliged to give information in ten days. If it does not comply, the case will be sent to the relevant Commission.
-Import of gold down by 12.8pc in four months
The import of gold in the country during the first four months (July-October) of the current fiscal year witnessed a decrease of 12.86 per cent as compared to the same period of the previous year. During the period under review, 165kg gold, worth $6.443 million, was imported against the import of 186kg gold, worth $7.394 million, in July-October 2017-18, according to the latest data released by Pakistan Bureau of Statistics (PBS).
-PM Imran Khan announces huge development and welfare package for erstwhile FATA
Prime Minister announced various welfare packages in the fields of health, education, employment and administration for the newly established districts of erstwhile FATA . PM announced 3 % of NFC share by all provinces for merged districts, early conduct of Local Bodies and Provincial Elections to ensure transfer of power to grass root level. He also announced Police Reforms and resolved to address all concerns of Levies and Khasadars by ensuring their jobs security. The Prime Minister announced system of Dispute Resolution Council (DRC) to ensure speedy justice and resolution of all issues through consultation. Imran Khan announced Medical College along with Hospital for North Waziristan District and South Waziristan District, University for North Waziristan District, Army Cadet College for North Waziristan District, health Insurance Cards to residents of merged districts, tele-medics system to fulfill deficiencies of specialist doctors. He also announced mega share from jobs for merged districts as offered by Qatar.
-Pakistan provides free heart treatment to visiting Sikh pilgrim
Pakistan on Monday provided free of cost heart treatment to a visiting Sikh pilgrim on humanitarian ground. 63-year-old Ratan Singh from India was rushed to Rawalpindi Institute of Cardiology Hospital when he suffered a cardiac arrest at Gurdwara Panja Sahib, Hassan Abdal. The doctors successfully conducted angioplasty on the ailing pilgrim, who is now recovering.
-President Dr. Arif Alvi has invited UAE businessmen to take benefit from vast opportunities of investment in Pakistan in various sectors, especially tourism.
The President stressed that that efforts must be made to further enhance bilateral trade to commensurate with its actual potential.
-For the first time in history Islamabad Police issued driving licence to transgender person
Following in the footstep of the Khyber Pakhtunkhwa (KP) government, the Islamabad Police has issued a driving license to a transgender person. On Monday, Alia Layla became the first certified transwoman driver in the capital territory Islamabad after passing all practical driving tests.
-IDEAS 2018: Largest ever Defence Expo in Pakistan with 262 delegations from 51 countries
The four day 10th edition of International Defence Exhibition and seminar, IDEAS '18 have commenced. Prime Minister Imran Khan is expected to inaugurate it. Five hundred twenty exhibitors from fifty countries including Pakistan will showcase their defence products in the exhibition. He said besides trade visitors, more than 262 high-level delegations from fifty-one countries including China, Russia, USA, France, Germany, Turkey, Poland, South Korea and host Pakistan are also all establishing their exclusive country pavilions at the EXPO center.
-PM Imran says Pakistan has unlimited potential for developing eco-friendly tourism
Prime Minister Imran Khan has said that Pakistan has unlimited potential for developing eco-friendly tourism.
Imran Khan took to Twitter sharing pictures of Karachi beach and snow covered mountains in the north saying, "From our beaches in the south to Fairy Meadows in the north, and the rich history of our Land, Pakistan has unlimited potential for developing eco-friendly tourism." The Prime Minister asserted that this is a commitment we are determined to fulfill God Willing.
-‘Pakistan provides conducive business environment to foreigners’
President Dr Arif Alvi said on Monday that Pakistan provided foreigners with a conducive environment for investment and hoped that investors from different countries would avail from the abundant opportunities that the country offers.
The president made these remarks while talking to envoys-designate of Thailand, Sri Lanka, Austria, Canada, Spain and Jordan, who presented their credentials to him in an impressive ceremony at the President House. The president said Pakistan wanted to further strengthen its relations with all friendly countries. He emphasised that regular exchange of bilateral delegations was essential in order to strengthen people-to-people contacts and to forge strong political and economic linkages.
HUGE - ExxonMobil set for comeback in Pakistan after nearly three decades: Report
After a gap of nearly three decades, ExxonMobil is gearing to re-enter the Pakistani market, as the world’s largest oil and gas company eyes it as an emerging economy with immense potential.
According to a report in Business Recorder, well-informed sources in the Board of Investment (BoI) said the company’s Chief Executive Officer (CEO) Irtiza Sayyed considers the Pakistani market as very significant considering its existing and rising quench for energy as it continues its economic growth trajectory. Mr Sayyed in a letter sent to the BoI stated ExxonMobil has been assessing its re-entrance into Pakistan since quite a while and has been assiduously hunting energy-related opportunities for past few years. ExxonMobil has made major strides to re-enter the Pakistani market which included acquiring a 25% stake in offshore drilling in May this year.
-Chinese delegation grants Rs3 million each to families of martyred policemen
Chinese delegation held a meeting with the families of martyred policemen at Chinese Consulate Karachi and granted Rs3 million cheque each to the heirs. The meeting was arranged on the request of Consul General China. The Chinese delegation offered condolences and expressed deep grief with the families over the loss of their loved ones. They also thanked to both the families for saving Chinese.
LOL - PTI government refuse to pay Rs 8 lakh bill for Senator Attaur Rehman cosmetic surgery
The Ministry of National Health Services, Regulation and Coordination has refused to pay a medical bill for the weight loss surgery of Senator Attaur Rehman. The brother of Jamat-e-Islami Fazl (JUI-F) chief Maulana Fazlur Rehman underwent a liposuction surgery to remove excess fat from his body around ten months ago at a private hospital in Islamabad, local media reported.
When Senate Secretariat sent the medical bill amounting Rs800,000 to the ministry concerned for approval, federal Secretary Captain (retd) Zahid Saeed rejected the bill citing objections on it. The objections on the bill were raised by Deputy Director General Dr. Minhadul Siraj, stating that the liposuction is a cosmetic surgery. He further added why the surgery was held at a private hospital when the Pakistan Institute of Medical Sciences (PIMS) has the same facility.
-Russian climbers to arrive in Pakistan for scaling K2, only 8000 metre peak in the World not been scaled in winters
Russian climbers are set to arrive in Pakistan in order to scale Nanga Parbat and K2. Three expeditions are expected to attempt to conquer the two peaks. K2 is the only 8000 metre peak in the world that has not been scaled in winters.
-India's vice-president lays foundation for Kartarpur corridor
Indian Vice-President Venkaiah Naidu on Monday laid the foundation stone for the construction of the Kartarpur corridor which will link Dera Baba Nanak in India to Pakistan’s Gurdwara Darbar Sahib Kartarpur.
-Punjab holds potential to become South Asia’s Silicon Valley: Minister
Provincial Finance Minister Makhdoom Hashim Jawan Bakht said on Monday that Punjab has the potential to become the Silicon Valley of South Asia.
He was addressing a ceremony held to celebrate the first Rs100 billion revenue collection through e-stamping by Punjab IT Board (PITB) and Board of Revenue (BOR). He said with the support of private sector and the formulation of systems like e-procurement and e-payment, the government is committed to placing Punjab at the heart of digital economy. “Despite enormous economic challenges that the government inherited, it is striving hard to achieve maximum economic growth with a low inflation environment. IT interventions are essential and much-needed in all sectors, especially to improve the overall efficiency of the government machinery,” he added.
-Asad Umar to chair ECC meeting tomorrow
A meeting of the Economic Corridor Committee (ECC) of the Cabinet would be held tomorrow (Tuesday) under the chairmanship of Finance Minister Asad Umar. According to a notification issued by the Cabinet Division on Monday, the finance division would be seeking directions from the government regarding an approval of a GoP guarantee to the National Power Parks Management Company Limited (NPPMCL).
-Pak Suzuki mulling to set up second auto plant, manufacture additional 100,000 vehicles a year: report
Pak Suzuki Motors is said to have procured 80 acres of land for establishing its second plant and manufacture an additional 100,000 vehicles a year.
According to a report in Business Recorder, the total investment as per plan by Pak Suzuki Motors would amount to $460 million and the land has been procured right next to its existing site. The Auto Industry Development Committee (AIDC) is set to meet on Wednesday to deliberate upon the enactment status of the auto development policy. This meeting is focused on reports that Prime Minister’s Adviser on Industries and Production is contemplating to grant Greenfield status to Suzuki’s new plant, as per well-informed sources.
Adviser to PM on Industries and Production, Razzaq Dawood is set to inaugurate Suzuki’s 2,000,000 car in Karachi on Monday.
Pak Suzuki Motors is planning to introduce four new cars and Suzuki Alto 660CC is expected to replace Mehran 800CC in April 2019.
-Pakistan EAC approved loan from World Bank
Economic advisory council (EAC) on Sunday gave approval to seek a loan of $42 million from World Bank for the poverty eradication programme announced earlier by Prime Minister Imran Khan, sources said.
-5 crore people across 36 districts in Punjab to get Health Cards
Provincial Minister for Health Dr. Yasmeen Rashid said on Monday that 50 million people across the 36 districts of the province would be facilitated under Health Card Scheme.
-First ever digital city in the history of Pakistan near Islamabad
Khyber Pakhtunkhwa IT Board (KPITB) is inviting investors for Pakistan’s first Digital City , to be based out of Haripur, on the outskirts of capital’s Margalla Hills. The plans of Government of Khyber Pakhtunkhwa establishing Pakistan Digital City were announced in October by Special Assistant to Chief Minister KPK, Kamran Khan Bangash. The Haripur site has been selected for its close proximity to the capital city of Islamabad and its newly built airport. The scenic location will provide land with a rich infrastructure to a diverse range of businesses and technology firms on the leasing module.
In order to build the Pakistan Digital City in accordance with industry requirements, KPITB has launched a preliminary demand form for investors to gain feedback and requirements from potential investors.
-Foreign diplomats shows interest in escalating trade activities with Pakistan
akistan can benefit in many ways due to its most exceptional geographical locations, which makes Pakistan a major entrance to the power & energy affluent Central Asian Republics while sharing borders with economic giants such as China, stated the Lahore Chamber of Commerce and Industry (LCCI) President Almas Hyder.
LCCI president, Hyder also emphasized on the fact while addressing a 27-member delegation, including foreign diplomats from West Africa, Azerbaijan, Iraq and many other countries, that Pakistan offers an express link to the Central Asian Republics and China. Also, Pakistan is expected to turn into the trade and energy corridor to these countries in near future.
He also expressed that the Belt and Road proposal has already initiated the basis for a better trade, and CPEC is the leading stone towards the transformation of this dream into veracity. He also highlighted, that “Pakistan is a country with prosperous and miscellaneous economic base. Its economic actions range from agriculture-based raw material to aircraft manufacturing.”
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Germany: The discreet lives of the super rich  DW ... 7 Recession Proof Altcoins to Crush It Yannis Varoufakis on Bitcoin and Political Money  The New School Crypto News From the German-Speaking World Oct. 6 – 12 in ... Common Problems People Have With Bitcoin [BTC 2019]

Reasons for a programmable euro, Source: Der digital, programmierbase Euro, Fintech Council, German Federal Ministry of Finance, June 2020 Among the numerous reasons why the European Union must introduce a blockchain-based digital, programmable euro, the Fintech Council cited more efficient cross-border payments, which would be done in just seconds, as well as instant settlements. The German Federal Ministry of Finance has published a paper that discusses the introduction of regulation for blockchain-based securities. The regulator underscored the need to open up the country’s law to include electronic securities. It said that the key objective is to position Germany has a leading digitization and fintech location and develop a blockchain strategy. “The regulation ... The German Ministry of Finance is working together with other ministries to create a national regulatory framework for crypto tokens. The aim is to unlock the potential of DLT and crypto tokens while also preventing misuse. Introduction. The German government has set out to shape the advance of digital technologies in business, work and society in such a way that everybody benefits. This ... The German Finance Ministry’s annual risk report titled “First Money Laundering and Terrorist Financing National Risk Assessment” laid out the risks involved with each cryptocurrency and its effects on financial security. The latest report expressed concerns toward the privacy-focused coins like Monero. The report highlighted the rise in ... In a surprise move, the German Ministry of Finance has called for recognition of blockchain-based securities as a legitimate form of financial instrument. Friday’s announcement suggested that German law needed to recognize these types of securities, and legislation should be brought into place to support the changes. The new paper published by the ministry last week stated that “the ...

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