Bitcoin Blockchain Attracts Weed Growers; Register Strain Origins

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The Bitcoin Blockchain is by far the most secure and tested distributed network in the fields of cryptography and digital currencies, mostly due to its prioritization of security over flexibility and functionality. Weed growers have begun to take advantage of Bitcoin’s advanced security measures to create an unalterable repository of cannabis genomes. Over the past few years, the growth of the cannabis industry has rapidly increased as an increasing number of states and countries have begun to legalize the usage of medicinal and recreational marijuana. As such, more cannabis brokers, dealers and labs have entered the industry to serve the fast-growing market. For the sake of quality Because of this growth, labs and researchers are continuing to test and breed new strains of cannabis on a daily basis. Thus, it has become increasingly difficult for consumers to evaluate and analyze the type of cannabis strains and marijuana-related products that they’ve purchased. As the cannabis market evolved into a highly regulated and respected industry, consumers and brokers have started to question the legitimacy of certain breeds of cannabis strains and their origins. Quality of marijuana-related products has become an important factor in their pricing and reputation of weed growers and dealers. …

Bitcoin ATMs Are Popping Up in Great Numbers Across the US

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Since the beginning of the summer, there’s been an influx of Bitcoin ATMs (or “BTMs”) installed across the US. The past few months saw almost 20 new machines appear. Also read: The Bitcoin ATM: The Improved Teller Machine EasyBit Adds Six BTMs Across the US The EasyBit BTM network announced it has installed six new machines across four states. Headquartered in the US and Argentina, EasyBit has been gaining steam. The firm’s installed its first BTM at a Thai restaurant in Amsterdam. Now, the company operates 35 machines in nine countries. EasyBit uses both GenesisCoin and CoinOutlet cryptocurrency automated tellers. The six new BTMs are in Texas, Hawaii, Georgia, and Utah. Since its founding in 2013, EasyBit has become a reputable provider of Bitcoin-powered automated tellers. Michael Dupree, CEO, and founder of EasyBit, said at the latest install announcement: We’ve observed that adding a bitcoin ATM greatly improves bitcoin adoption in these communities. Our host locations often see better foot traffic and increased revenue after putting in a bitcoin ATM, making it a win-win for everyone. ATM Provider Athena Bitcoin Continues to Grow Another Bitcoin-based ATM operator is a growing US company called Athena Bitcoin. The Chicago-based company, launched seven new BTMs this past September. Athena Bitcoin has also ramped up …

Bitcoin Blockchain Based Spells of Genesis Approaches Launch, BitCrystals Price Rises

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As the full launch of EverdreamSoft’s Spells of Genesis (SoG) nears, the blockchain-based token powering the digital trading card game, BitCrystals (BCY), has seen a fairly significant rise in price. After a price peak in March, BCY saw a period of bearish activity up to late May, until the price received a bump. Going into July the BCY sat at 0.00010497 BTC ($0.07 USD), according to CoinGecko, and illustrated another climb in the game-based cryptocurrency. Tokenized Mobile Gaming Markéta Korteova, Marketing Director at EverdreamSoft, is sure that BCY’s price patterns are related to the four progress milestones laid out by SoG’s team. Each milestone was a designated marker point toward the game’s development, with the third milestone achieved in February. The first milestone was the launch of BitCrystals in late 2015 through a token sale in which 70 million BCY were made available for purchase. According to the BitCrystal’s GitHub page, 14.3 million BCY were distributed during the sale, raising 40 bitcoins, while the remaining 55.5 million BCY were slated to be destroyed or burned. The crowdsale was a big help to the development of Spells of Genesis, said Korteova. She explains to CoinTelegraph: “From the very beginning, EverdreamSoft’s goal …

Bitcoin Creator Satoshi Nakamoto Appears… From Australia

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The global investigation to discover the true identity of Satoshi Nakamoto seems to have come to an end by pointing out a 44 years old australian IT security business man named Craig Steven Wright. The search for Satoshi Nakamoto has been going on for at least five years now, but the quest is now probably over, after new evidence including blog posts, emails and accounting statements, has been leaked by an anonymous source to tech websites Gizmodo and Wired. Satoshi Nakamoto is the owner of over one million Bitcoins, which, with the price level at time of writing, equals to $400 million USD. The truth is probably less exotic than we imagined, as the inventor of Bitcoin is far from being a secluded, unsuccessful physician/engineer of japanese origins, but a much more ordinary Australian business man. The anonymous source gave proofs going from a clear blog post date 10th January 2009 to a PGP key Satoshi required people from the project to use, passing through his ex-wife claim that he was working on “digital money”, his use of email [email protected], an address used in early development Stages by Satoshi Nakamoto, and his activity in lobbying in the Australian Taxation Office …

Europeans Can Now Receive Their Paycheck in Bitcoin

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Europe-based bitcoinCT r:  3 services provider Cashila has recently released a Bitwage-like Euro-to-Bitcoin payroll system, allowing European employees to request their wages to be paid in bitcoin through a simple bank or SEPA payment. The payment process of the sender or the employer will stay the exactly the same. On the Cashila platform, the receiver will create a payroll request with the inclusion of necessary bank details, including specific reference number, IBAN Bank account number, payment amount, etc. Once completed, employees and freelancers can export the invoice as a PDF or send it via email to their employers and wait for the payment to be processed by the bank and Cashila. The users of the platform may also receive bitcoin through a European bank account, by transferring bitcoins to the platform’s Euro Wallet, then immediately converting to Euros. Through this service called “Reserve Cashila Feature,” the Cashilla team aims to help spur mainstream bitcoin growth in Europe, and protect freelancers and employees from bitcoin price volatility. Cashila co-founder Jani Valjavec stated: “This is a faster and cheaper version of banking as we know it. Your version.” Upon its launch, the service received criticism from the bitcoin community due to its inefficient payment …

Bitcoin Awareness Campaign Launches Across Major U.S. Cities

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I often sit and consider what I would do on the off chance that I had a million dollars. When I chat with people about Bitcoin, they understand very little about it. The more I teach them on the benefits, the more they appreciate its value. Giving the regular person an “elevator pitch” on the benefits of Bitcoin technology is time well spent. It really doesn’t take long to enlighten someone on something so innovative and needed, worldwide. The average Joe is accustomed to the media telling them bad news about Bitcoin. Whether it is investigating its drop in relative worth versus the U.S. Dollar, or concentrating on the occasions like Silk Road or Mt. Gox. TV is still the predominant medium of North America and the world, and they call it “programming,” as they should. But perhaps the time has come to change channels when it comes to Bitcoin? Back to having a million dollars. Since Bitcoin is my primary concern right now, I think helping the world see exactly how it will change the world for the better is a noble thought. Why not make a bundle of TV advertisements that would highlight its numerous advantages? Why not …