The FBI Wants Zero Privacy Security, Bitcoin Community Should Protect its Freedoms

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For security agencies like the FBI there is no difference between Bitcoin and Monero regarding their use in the crypto market or the dark web, says Bitcoin Core Developer and Advisor to Coinkite, Peter Todd, to CoinTelegraph. All they want is “zero security systems with zero privacy.” Todd explains: “I will even word that a little differently: these people will only be happy when we have zero privacy security. Good security should give you good privacy – they’re not separate concepts.” European Drug Report 2016 on Bitcoin and Tor Todd’s view comes in the wake of a report by the European Monitoring Centre for Drugs and Drug Addiction saying that the anonymous use of Bitcoin and other cryptocurrencies allows for the purchasing of illegal items such as drugs or weapons. However, the payment may be traced and lead to criminal charges. Thus, a range of strategies are used to hide users’ identities and conceal the physical locations of servers. The report states: “These include anonymisation services such as Tor (The Onion Router) which hide a computer’s IP address when accessing the site; decentralised and relatively untraceable cryptocurrencies, such as Bitcoin and Litecoin, for making payments; and encrypted communication between market …


What’s Next For Bitcoin, Hot Startup Ideas 2016

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What’s Next For Bitcoin, Hot Startup Ideas 2016 We have prepared a review of the projects that the Bitcoin industry requires right now. These projects have no strong competitors in the market and could attract a lot of new cryptocurrency owners. Angels, funds and private investors will willingly invest their money in such projects. We offer to choose more simple, profitable and less risky way. The market of cryptocurrency projects is rapidly changing, and the products which were up-to-date a few years ago, are not interesting for the target audience any more. Strong leaders settled in the most profitable segments of the market (mining, trading, e-commerce), and nobody can move them unless they have a budget of more than one million, genius idea and a great deal of luck. We all know how difficult it is to find a good idea for a startup and to configure the product which meets requirements of clients and corresponds to ideas of investors about what a profitable investment is. From the general to the special: solutions for local markets Non-competitive conditions and interested local investors are very attractive factors for a startup. The main thing is that you do not need to reinvent …


4 Reasons Why Your Nation Will Kill Cash For A Digital Currency

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Yes, I’m talking to you. Yes, I’m talking about your country, whether it is Russia, China, or the United States. The more modern and advanced your economy, the faster it is coming your way. The discussions have been going on for a couple of years now on how to do it. The only question is when to spring it on the masses. If you are in a less than a state-of-the-art economy, like Pakistan or Guam, you probably have a lot more time left with the paper. Most of us aren’t so lucky. Cash has been on the clock in the most advanced nations for years, with central banks limiting how much cash you can get, even from your own account. Limits have been dropping to as low as 5000 units of paper in some nations, and even then you will have to surrender your ID or go through some level of interrogation. The future of money does not include paper, and here are four reasons why digital currencies will become your official national currency. Reason #1 – The best way to control a nation is to control its money supply Governments are all about control. Whether it is doling out …


If Bitcoin Had Sex, Could It Be Female?

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According to a recent survey by the Bitcoin Marketing Team, the digital currency is still largely dominated by men in their early 20s to their late 40s, with a few under the age of 18. CoinTelegraph caught up with Charlene Chen, BitPesa Chief Operating Officer,Stephanie Kent, founder of Krypton, and Susanne Tempelhof, BitNation founder and CEO, to find out what their views are on women in Bitcoin. The Bitcoin community has a diversity problem Here’s one striking figure: 91.8 percent of respondents are male. To paint a demographic picture of the community, the team has surveyed 770 digital currency users from 68 countries. Only 5.7 percent of responses came from women with 2.5 percent choosing not to specify their sex. It shows that more needs to be done to attract women into the niche community of Bitcoin users. While the survey may have only attracted a small number of female respondents that’s not to say there aren’t women in Bitcoin making their mark on the community. You only have to look at the likes of Elizabeth Rossiello of BitPesa, Ola Doudin of BitOasis, Stephanie Kent of Krypton and Susanne Tempelhof of Bitnation, to name a few, to see that positive …


As Blockchain Identity Becomes Real, 2017 Will See An Explosion of Blockchain Profitability

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Blockchain identity is already in use in various sectors of data management and technological development. With its applications so far, can we say that the Blockchain has lived up to expectations? Some experts think it’s overhyped, others see that late 2016/2017 will be the year of explosion for real-world Blockchain profitability and usage. That is, as long as politics doesn’t get in the way. What is Blockchain identity? Blockchain identity is also defined by Christopher Bates of Bitland as the representation of a 100% verifiable identity which can be established through a series of security layers and protocols. It is a system which makes it possible for encryption to prevent anyone who doesn’t need to see information from accessing it. Bates explains that this can be applied when working with government oversight, where Blockchain identity could be used to protect Social Security accounts from being pilfered by governments who have overspent on their own budgets. Bates says: “One of the biggest issues is that tax money has no oversight once collected, and something like Blockchain identity could help prevent governments from spending taxpayer’s money which wasn’t theirs.” Unique opportunity for Bitcoin’s Blockchain Blockchain identity, according to Carl A. R. Weir CEO …


Joe Rogan to Andreas Antonopoulos: I’m All In, I’m on Team Bitcoin

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In episode 844 of the Joe Rogan Experience podcast featuring security expert and author of Mastering Bitcoin, Andreas Antonopoulos, stand-up comedian and sports commentator Joe Rogan expressed his optimistic views towards Bitcoin, stating “I’m all in, I’m on team Bitcoin.” Rogan’s final remarks at the very end of the show were amassed throughout the podcast, during which Antonopoulos examined and evaluated the vulnerabilities and inefficiency of today’s financial systems in great detail. In particular, he referred to the outdated services and products of banks which grant several financial institutions a complete monopoly over a country’s monetary system and economy. Control of banks: bloated economy The focus of the talk was established primarily on the control of banks over a country’s monetary systems and how that is abused to create a bloated economy. When an economy is struggling from dealing with financial instability or poor performance from major stock markets, the solution which is often presented by the central bank is to print more money. For instance, the Federal Reserve Bank would print trillions of dollars to be sprinkled on top of a troubling economy which is essentially distributed to the country’s banks and government agencies. One major misconception behind this …