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The Satoshi Revolution – Chapter 5: ICOs

The Satoshi Revolution: A Revolution of Rising Expectations. Section 2 : The Moral Imperative of Privacy Chapter 5: Implementing Crypto Privacy by Wendy McElroy ICOs: Peril or Menace or Expression of Satoshi Spirit? (Chapter 5, Part 2) It was the best of times, it was the worst of times, it was the age of wisdom, it was the age of foolishness, it was the epoch of belief, it was the epoch of incredulity, it was the season of Light, it was the season of Darkness, it was the spring of hope, it was the winter of despair, we had nothing before us, we were all going direct to Heaven, we were all going direct the other way… – Charles Dickens, A Tale of Two Cities Crypto advocates differ dramatically on the impact of Initial Coin Offerings (ICOs). They are a valuable dynamic that financed Ethereum’s smart contract; they are a blank cheque for scammers; they give government a wedge with which to separate cryptocurrency from freedom. The damnable thing is that all the assessments may...

Black Monday’ Shows Bitcoin Isn’t As ‘Dangerous’ As Regulators Claim

The Black Monday of 2018 It was a ‘Black Monday’ on February 6 when both global stocks and the entire cryptocurrency ecosystem shed billions yesterday. The Dow Jones Industrial Average (Dow) and a good portion of stocks worldwide plummeted at 2:40 pm EDT; more so than the drops during the 2008 economic crisis. Yesterday’s stock market dip broke records not only bringing up memories of 2008 but the day was also very similar to the other ‘Black Mondays’ of 1929, 1987, and 2000. However, mainstream media is not so quick to call the stock market slump a ‘crash,’ a ‘bubble pop,’ or even a death spiral. Yet the Dow lost more value ($300 billion USD) than the entire crypto-bear run of 2018 in one intraday. On Monday, February 5th the Dow Jones Industrial Average dropped more than 1175 points losing $300 billion USD in value in just one intra-day. Some Reports Say the Stock Market Sell-Off Pushed Money Towards Crypto-Investments In addition to the grueling stock market madness, the fina...

PABLOcoin to hit the Market

PABLO COINS TO HIT THE MARKET WITH A SENSATIONAL ICO STARTING ON SUNDAY, FEBRUARY 18TH FOUNDED BY LORD CHAIN, THE UPCOMING PABLO COINS ARE A LIFESTYLE TOKEN FOR HUSTLERS AROUND THE WORLD January 31, 2018 -  LordChain.org has proudly announced that they are releasing a sensational new cryptocurrency called Pablo Coin, which is a one of a kind lifestyle token. Inspired by the legendary Pablo Escobar, this emerging new currency will start its Initial Coin Offering (ICO) on Sunday February 18 th , 2018 and it is already creating a major buzz. Right before his assassination, Pablo Escobar met with Satoshi Nakamoto in the 80s and he had plans of creating an anonymous, untraceable currency to be used by the masses. “We are a group of developers and hackers that have designed a lifestyle token for the masses and it is based on the impregnable Blockchain technology,” said the spokesperson of LordChain.org, while talking about the Pablo Coin. “Pablo Coin is a cryptocurrency tha...

Satoshi Revolution - The latest Chapter.

The Satoshi Revolution: A Revolution of Rising Expectations. Section 2 : The Moral Imperative of Privacy Chapter 5: Implementing Crypto Privacy by Wendy McElroy Privacy, Anonymity, and Pseudonymity (Chapter 5, Part 1) It is often said that there is a tradeoff between privacy and security…. Security is defined as the state of being free from danger or threat. One threat is assault. How is one made free from assault by being assaulted at an airport?…. How is one made free from the threat of being harassed or charged with a crime by the State by the State’s knowing every move you make, every statement you make, and every financial transaction you make? I say that your security is going DOWN, not up. The State can fend off terrorists by the ordinary methods of policing if it had a mind to. It doesn’t. It prefers to expand into a totalitarian monster. —  Mike Rozeff Privacy will determine the future of cryptocurrencies. Will they continue to enhance individual freedom, or will th...

FX Platform Integral Now Covers Bitcoin, BCH and a Dozen More Cryptocurrencies

Cryptocurrency is Now Completely Integral to FX Trading Integral, the Palo Alto headquartered institutional FX cloud platform, has expanded its market data offering for cryptocurrencies to include fourteen major cryptocurrencies. It now covers bitcoin, bitcoin cash, Ethereum and more, connecting to sixteen major exchange sources across the U.S., Europe and Asia, including Japan and Hong Kong. “An accurate, stable, and reliable reference price is a requirement for any market maker,” said Harpal Sandhu, CEO of Integral. “The Cryptocurrency Market Data Service connects to the most price sources and applies the most advanced price discovery algorithm available.” Founded in 1993, Integral maintains offices in California, New York, London, Tokyo, Singapore and Bangalore. It is the financial technology partner of many banks, brokers, and investment managers who rely on it to design and deliver their FX operations. Among its over sixty FX client banks around the world, it lists the U.S’...

Analysts and Bullion Dealers Notice a Relationship Between Gold and Bitcoin

Researchers and Gold Dealers Believe That When Bitcoin Prices Recently Dropped In Value Investors Rushed Towards Gold Financial executives and researchers believe bitcoin and gold have an interesting relationship. Over the past year, cryptocurrencies spiked while  gold markets slumped , and when gold prices jumped, digital assets dropped in value. Analysts have seen the inverse relationship more clearly over the past two weeks, when the bitcoin market had its most significant drop in value since January of 2017. For instance,  Daniel Marburger,  the director at precious metals firm Coininvest, detailed in an  interview  that on January 16 he sold 30 kilograms of gold for bitcoin. “We have been inundated with emails, and the phones have been ringing continually with customers asking how they could turn their cryptocurrency into gold,” explains Marburger. It is an unprecedented time and shows the sway from bitcoin and other cryptocurrencies back to a soli...

South Korea Releases Official Guidelines for Cryptocurrency Exchanges and Banks

Implementation of Crypto Measures On Tuesday, the South Korean government officially released a document containing the  guidelines  for cryptocurrency regulations it previously promised. The announcement was made by Vice Chairman of the Financial Services Commission (FSC), Kim Yong-bum. The meeting where Kim Yong-bum announced cryptocurrency regulatory measures. This document details the government’s Special Measures for the Elimination of Virtual Currency Speculation which was first announced on December 28. In addition, the government also announced on Tuesday its anti-money laundering (AML) guidelines, prepared by the Korean Financial Intelligence Unit (FIU), an FSC division, for all banks dealing with cryptocurrency accounts to follow. Converting to Real-Name System A large part of the government’s special measures concern the new government-mandated real-name account system. This system will replace banks’ current practice of virtual account issuance. Virtual ac...