Bitcoin is not going to go away. Currently only a fraction of the world’s population owns any Bitcoin and the spread is increasing every day. As there will be only 21 million Bitcoins mined or created the value will increase as that limit is reached and those that own the most Bitcoins by that time …
The banking fraternity has held a white knuckled grip over the finances of the world and maintained a tight hold over fiscal policy and currency regulation, but is this about to change? Are the central banks being confronted by a wild tiger they did not expect and which is showing all the signs of overtaking …
Banks are slowly realising that Bitcoin and Blockchain are here to stay and slowly joining the queue to adopt the currency. It is the old, trash it, denigrate it, try to change it accept it and find a way of using it. The Bank of America (BOA) is the latest, having revealed in a report …
The Royal Melbourne Institute of Technology (RMIT) will open the first Uni course on Blockchain and Bitcoin in March this year. The increasing popularity and significant changes Blockchain and Bitcoin are making globally has prompted the famous Melbourne Uni to offer an online course in Blockchain technology. The eight week course, ‘Developing Blockchain Strategy’ will …
“The world needs banking but it doesn’t need banks.” Alex Mashinsky Founder of Celsius Network. In fact it seems the banks need Blockchain and the idea behind cryptocurrencies such as Bitcoin. On occasion an industry will be disrupted and a great change will take place. The Internet, for example, changed many industries including media and communication …
Bitcoin ATMs growing faster than bank ATMs Installation of Bitcoin and Altcoin ATMs are growing exponentially even faster than standard Bank ATMs. Currently there are almost 2400 Bitcoin ATMs installed with nearly 50 percent also supporting other cryptocurrencies. Now there are around five new Bitcoin ATMs being installed on a daily basis. Last year the …
In Australia there are four big banks and some smaller ones (owned mostly by the big four). These are Australia and New Zealand (ANZ), Westpac, Commonwealth Bank and National Australian Bank (NAB). With the exception of the NAB and Commonwealth all banks have advised they will allow their customer to purchase cryptocurrencies. An ANZ spokesperson …
Australian Banks to Allow Customers to Buy Bitcoin Read More »
Australian newsagencies numbering 1200 throughout Australia can now accept Bitcoin and Ethereum. According to the Financial Review (AFR) Residents from Australia will be able to purchase BTC or ETH with just “$50, and email address and a phone number,” News agents see this as a way of halting declining sales in newspapers and magazines. According …
The European Union Commissioner for Financial Stability, Financial Services and Capital Markets Union, Valdis Dombrovskis is still insisting on regulation of cryptocurrency worldwide and threatened, “[Bitcoin] is a global phenomenon and it’s important there is an international follow-up at the global level. We do not exclude the possibility to move ahead (by regulating cryptocurrencies) at …
Bitcoin has even entered the fashion industry. In February the New York Fashion Week was held with the lat6est haute couture and avant-garde designs on show. At the event a model featuring a Bitcoin-themed outfit was on display during the Ovadia & Sons catwalk. It is no surprise that the fashion industry would pick up …
