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"INFO -  Indonesia can't stop circulation of bitcoin: Ex-finance minister
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#1
[Image: 2017_12_11_37090_1512956980._large.jpg]


Former finance minister Chatib Basri has said that prohibiting the circulation of bitcoin and other cryptocurrencies is not an effective way to prevent negative impacts.
Instead, he said, Bank Indonesia (BI) as the central bank needed to issue digital currency to become an official digital payment instrument, circulation of which could be monitored.
“So, BI needs to create something that can be monitored. I understand BI’s concern over bitcoin […] as there is no underlying asset. But we cannot ban it,” Chatib said in Jakarta on Monday, as reported by kompas.com.
Given the massive use of digital technology, the central bank needed to use such technology to prevent negative impacts by issuing official digital technology.
He cited as an example Bucket Technologies, a United States start-up facilitating coinless cash transactions at retailers, where coins normally given as change to customers are converted into vouchers, such as for the Google Play Store or Apple Pay.
Previously, BI payment system policy department head Onny Widjanarko said BI, like other central banks across the world, was studying the possible use of digital or virtual rupiah, but he added that no central bank had issued such currency so far.
Several countries, such as Singapore, Canada and Ecuador, have started pilot projects for digital currency. (bbn)
GCB6ZD6GXDK6TUCGNL2QZGF42TXYYPPFMTLZGTNIXY5ZWLPUUMYXT7UY
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#2
(09-02-2018, 09:20 PM)wijayacoin Wrote: [Image: 2017_12_11_37090_1512956980._large.jpg]


Former finance minister Chatib Basri has said that prohibiting the circulation of bitcoin and other cryptocurrencies is not an effective way to prevent negative impacts.
Instead, he said, Bank Indonesia (BI) as the central bank needed to issue digital currency to become an official digital payment instrument, circulation of which could be monitored.
“So, BI needs to create something that can be monitored. I understand BI’s concern over bitcoin […] as there is no underlying asset. But we cannot ban it,” Chatib said in Jakarta on Monday, as reported by kompas.com.
Given the massive use of digital technology, the central bank needed to use such technology to prevent negative impacts by issuing official digital technology.
He cited as an example Bucket Technologies, a United States start-up facilitating coinless cash transactions at retailers, where coins normally given as change to customers are converted into vouchers, such as for the Google Play Store or Apple Pay.
Previously, BI payment system policy department head Onny Widjanarko said BI, like other central banks across the world, was studying the possible use of digital or virtual rupiah, but he added that no central bank had issued such currency so far.
Several countries, such as Singapore, Canada and Ecuador, have started pilot projects for digital currency. (bbn)

Aaaah... as Venezuela with "Petro". I believe that they want try this... a cryptocoin as a solution for not use the dollars.
XLM Deposit Address GAHK7EEG2WWHVKDNT4CEQFZGKF2LGDSW2IVM4S5DP42RBW3K6BTODB4A
XLM Deposit MEMO 1083512301
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#3
(13-04-2018, 10:03 PM)jpn999 Wrote:
(09-02-2018, 09:20 PM)wijayacoin Wrote: [Image: 2017_12_11_37090_1512956980._large.jpg]


Former finance minister Chatib Basri has said that prohibiting the circulation of bitcoin and other cryptocurrencies is not an effective way to prevent negative impacts.
Instead, he said, Bank Indonesia (BI) as the central bank needed to issue digital currency to become an official digital payment instrument, circulation of which could be monitored.
“So, BI needs to create something that can be monitored. I understand BI’s concern over bitcoin […] as there is no underlying asset. But we cannot ban it,” Chatib said in Jakarta on Monday, as reported by kompas.com.
Given the massive use of digital technology, the central bank needed to use such technology to prevent negative impacts by issuing official digital technology.
He cited as an example Bucket Technologies, a United States start-up facilitating coinless cash transactions at retailers, where coins normally given as change to customers are converted into vouchers, such as for the Google Play Store or Apple Pay.
Previously, BI payment system policy department head Onny Widjanarko said BI, like other central banks across the world, was studying the possible use of digital or virtual rupiah, but he added that no central bank had issued such currency so far.
Several countries, such as Singapore, Canada and Ecuador, have started pilot projects for digital currency. (bbn)

Aaaah... as Venezuela with "Petro". I believe that they want try this... a cryptocoin as a solution for not use the dollars.


[your post been Auto-Merged, to prevent spam to abuse the Free XLM promo]

CRYPTO HEADLINES — April 20, 2018

1. Bitcoin Is About to Have Its First Back-to-Back Weekly Gain in 2018
Bitcoin bulls are celebrating the virtues of the biggest cryptocurrency again. The digital coin gained as much as 4 percent Friday, putting it on pace for its first back-to-back week of gains this year. The mini-rally is helping to ease the pain from the more than 50 percent loss in the first quarter that followed last year’s 1,400 percent surge. Read more at Bloomberg.
2. Bitcoin Cash is soaring as traders ready for another hard fork
Bitcoin cash was up more than 10% Friday, continuing its outperformance of other major cryptocurrencies, as a competing hard fork approaches on May 15. The fourth-largest cryptocurrency, which split from bitcoin in a similar hard fork in 2017, is now up more than 30% in the past week. Bitcoin, by comparison, is up 5% over that time. Read more at BusinessInsider.
3. South Korean Crypto Exchange Bithumb To Issue Own Token In Singapore
Bithumb, South Korea’s leading cryptocurrency exchange, has recently revealed plans to issue its own token, Bithumb Coin, in an Initial Coin Offering (ICO). According to a report, the Bithumb token sale will be conducted in Singapore since ICOs are banned in South Korea. Read more at CoinTelegraph.
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#4
CRYPTO HEADLINES — April 21, 2018

1. Bitcoin Price is Up 13.6% Since Tax Season Came to an End
Bitcoin is performing well in the market today as it tests the $9,000. The newfound bullish momentum is not a surprise for Fundstrat Global Advisors analyst Tom Lee, who said that tax filings were bringing the cryptocurrency market down and ‘Tax Day’ would eventually trigger an upside move for the bitcoin price. The bitcoin price has been steadily rising since April 12 after being buoyed at the $6,500-$7,000 range. Read more at NewsBTC.
2. Stellar Run: XLM, IOTA, ADA Spike in Good Week for Altcoins
Alternative cryptocurrencies shone bright this week, as the wider cryptocurrency market saw continued resurgence. The total market capitalization of all cryptocurrencies rose 25 percent week-on-week to $375 billion, according to CoinMarketCap — that’s up from below $250 billion just 10 days ago. Read more at CoinDesk.
3. Amazon Web Services Releases Blockchain Frameworks For Ethereum And Hyperledger Fabric
Amazon Web Services (AWS) cloud platform has recently introduced its Blockchain framework for Ethereum (ETH) and Hyperledger Fabric allowing users to build and manage their own Blockchain-powered decentralized applications (DApps), AWS announced in a blog post Thursday, April 19. According to the statement, users will be able to create their own Blockchain applications via the AWS CloudFormation Templates tool to avoid the time-consuming manual setup of their Blockchain network. Read more at CoinTelegraph.
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#5
CRYPTO HEADLINES — April 23, 2018

1. Iran bans banks from cryptocurrency trading
Iran is following in the footsteps of China and South Korea, announcing a ban from its central bank on the trading and promoting of cryptocurrencies. As reported by Reuters, Iranian state news agency IRNA issued a statement on Sunday claiming that banks, credit institutions and currency exchanges “should avoid any sale or purchase of these currencies or taking any action to promote them”. Read more at Alphr.
2. Early investor in Tesla, Skype and Hotmail says bitcoin will be bigger than all those combined
Venture capitalist Tim Draper says bitcoin will be bigger than his early investments Tesla, Hotmail, and Skype combined. “This is bigger than the internet. It’s bigger than the Iron Age, the Renaissance. It’s bigger than the Industrial Revolution,” Draper said at Intelligence Squared U.S. debate presented in partnership with Manhattan Institute’s Adam Smith Society on Saturday. “This affects the entire world and it’s going to be affected in a faster and more prevalent way than you ever imagined.” — He said in an interview. Read more at CNBC.
3. Wikileaks Claims Coin base Has Shut Down Its Online Store’s Bitcoin Account
Wikileaks’ official online merchandise store claims that its account with Coin base has been suspended by the Cryptocurrency exchange. Wikileaks, a leaked documents depository that was central to a long string of international scandals even before the 2016 presidential election, is now calling for a boycott of Coin base. Read more at Fortune.
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#6
(21-04-2018, 09:59 AM)Fiona Bastarache Wrote:
(13-04-2018, 10:03 PM)jpn999 Wrote:
(09-02-2018, 09:20 PM)wijayacoin Wrote: [Image: 2017_12_11_37090_1512956980._large.jpg]


Former finance minister Chatib Basri has said that prohibiting the circulation of bitcoin and other cryptocurrencies is not an effective way to prevent negative impacts.
Instead, he said, Bank Indonesia (BI) as the central bank needed to issue digital currency to become an official digital payment instrument, circulation of which could be monitored.
“So, BI needs to create something that can be monitored. I understand BI’s concern over bitcoin […] as there is no underlying asset. But we cannot ban it,” Chatib said in Jakarta on Monday, as reported by kompas.com.
Given the massive use of digital technology, the central bank needed to use such technology to prevent negative impacts by issuing official digital technology.
He cited as an example Bucket Technologies, a United States start-up facilitating coinless cash transactions at retailers, where coins normally given as change to customers are converted into vouchers, such as for the Google Play Store or Apple Pay.
Previously, BI payment system policy department head Onny Widjanarko said BI, like other central banks across the world, was studying the possible use of digital or virtual rupiah, but he added that no central bank had issued such currency so far.
Several countries, such as Singapore, Canada and Ecuador, have started pilot projects for digital currency. (bbn)

Aaaah... as Venezuela with "Petro". I believe that they want try this... a cryptocoin as a solution for not use the dollars.


[your post been Auto-Merged, to prevent spam to abuse the Free XLM promo]


CRYPTO HEADLINES — April 20, 2018

1. Bitcoin Is About to Have Its First Back-to-Back Weekly Gain in 2018
Bitcoin bulls are celebrating the virtues of the biggest cryptocurrency again. The digital coin gained as much as 4 percent Friday, putting it on pace for its first back-to-back week of gains this year. The mini-rally is helping to ease the pain from the more than 50 percent loss in the first quarter that followed last year’s 1,400 percent surge. Read more at Bloomberg.
2. Bitcoin Cash is soaring as traders ready for another hard fork
Bitcoin cash was up more than 10% Friday, continuing its outperformance of other major cryptocurrencies, as a competing hard fork approaches on May 15. The fourth-largest cryptocurrency, which split from bitcoin in a similar hard fork in 2017, is now up more than 30% in the past week. Bitcoin, by comparison, is up 5% over that time. Read more at BusinessInsider.
3. South Korean Crypto Exchange Bithumb To Issue Own Token In Singapore
Bithumb, South Korea’s leading cryptocurrency exchange, has recently revealed plans to issue its own token, Bithumb Coin, in an Initial Coin Offering (ICO). According to a report, the Bithumb token sale will be conducted in Singapore since ICOs are banned in South Korea. Read more at CoinTelegraph.

but there are studies about oil or not yet???
XLM Deposit Address GAHK7EEG2WWHVKDNT4CEQFZGKF2LGDSW2IVM4S5DP42RBW3K6BTODB4A
XLM Deposit MEMO 1083512301
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#7
CRYPTO HEADLINES — April 24, 2018

https://coinmarketcap[dot] com/currencies/bitcoin
1. Bitcoin Value Is On The Verge Of Another ‘Price Explosion’
Bitcoin is primed for another “price explosion” that could see the cryptocurrency’s value soar to even greater levels than it experienced in 2017, according to analysts. The price predictions come amid significant gains across cryptocurrency markets in recent weeks that have seen bitcoin rise by more than a third in value to return above $9,000 for the first time since March. Read more at Independent.
2. One in 5 finance firms are considering trading cryptocurrencies
A fifth of financial firms are considering getting into cryptocurrency trading within the next year, according to an industry poll by Thomson Reuters. A survey of over 400 Reuters clients found that one in five is considering getting into crypto, with the majority weighing a push into the market within the next six months. Read more at BusinessInsider.
3. Japan’s 16 Licensed Cryptocurrency Exchanges Launch Self-Regulatory Body
A concentrated effort among 16 licensed Japanese cryptocurrency exchange operators to ‘restore confidence’ in the sector following the $530 million Coincheck theft in January has finally seen the launch of a self-regulatory body. In a report by Japanese news outlet Asahi Shimbun on Tuesday, sixteen cryptocurrency exchanges currently registered and licensed by the Financial Services Agency (FSA), the country’s financial regulator, have launched a self-regulating body that will be known as the ‘Japanese Cryptocurrency Exchange Association’. Read more at CCN.
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#8
Lightning network, simply explained!

Bitcoin moved the internet of things through its easy to use the platform and the accessibility of features it offers but its scalability is a big issue. It offers only 7 transactions per second and the transaction time differs according to the demand which does not make this as an optimum alternative to FIAT. Lightning network allows Bitcoin users to create a personal payment channel within the parties involved in the transactions. Through these channels or gateways, payments can be sent or received with minimal or no wait times.

https://blog[dot] coinswitch[dot]co/what-is-bitcoin-lightning-network-6f6110e371ca
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